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After $8.8 Million IPO, Hanryu Rolls Out Multiple Revenue-Generating Upgrades To FANTOO, The Fandom App Connecting The Growing Global Audience Of K-Culture Fans

Benzinga

By Rachael Green, Benzinga Hanryu Holdings, Inc. (NASDAQ: HRYU) has had an eventful few weeks after its IPO closed last month, generating about $8.8 million in gross proceeds. In total, the company has raised approximately $53million over multiple fundraising rounds to date as its popular fandom social media app FANTOO grows to a user base of over 26 million and the company unveils a series of upgrades and new features slated to roll out in the coming months. Here’s a look at some of the milestones from the past month and how Hanryu is leveraging those to add new revenue potential to its popular fandom app. What Is FANTOO? Hanryu first launched FANTOO in 2021 as an all-in-one social media platform for K-culture fans worldwide. As K-pop, K-dramas and other forms of entertainment from South Korea continue to gain a growing international audience, there still hasn’t been a single dedicated destination so far where fans could go for any and all fandoms they are part of. Moreover, language barriers were a major hurdle preventing people with a shared fandom from connecting over the music, show or film that they love. FANTOO – with its real-time translation technology across 17 languages and features that allow users to create or join clubs built around any fandom – finally created a way to unify this global audience in one platform. For fans, it’s a way to find community and friendship even if they live somewhere with few other K-culture fans nearby. For Hanryu, it’s an exciting revenue opportunity with the massive advertising potential of a site with millions of dedicated fans. But advertising is just one of the revenue channels Hanryu is building through the platform. It also generates revenue from ticket sales to live shows and transaction fees on the buying and selling that happen in the eBay -like (NASDAQ: EBAY) shop section of FANTOO. The Future Of FANTOO Just days after the closing of its IPO, Hanryu announced the launch of version 2.0 of FANTOO. The upgraded app adds powerful data analytics to help deliver personalized content based on interest settings and the communities in which a user is engaged. It also makes a few updates to the interface to make it more user-friendly and intuitive. “Version 2.0 is also a more robust platform for revenue generation through multiple streams,” said Hanryu CEO Kang Chang Hyeok. “We look forward to releasing additional features and system improvements in the future." One of those future improvements is an AI-powered conversational virtual assistant. Later in August, Hanryu announced that it had partnered with Saltlux Inc. (KOSDAQ: 304100), the company behind Talkbot, an intelligent chatbot. Together, the companies will develop a virtual assistant for FANTOO built on technology similar to Talkbot that can guide users through the platform, make recommendations based on users’ interests and deliver personalized news and updates about their fandom. Slated to launch before the end of this year, the FANTOO virtual assistant is just the beginning. Later, Hanryu plans to use AI voice synthesis and deep learning tech to let users customize the voice of their virtual assistant to sound like their favorite artist or actor – or even themselves. Earlier this month, Hanryu teased even more new chat features coming to the app soon, including emoji purchasing, friend recommendations and club chat rooms where members can join in on club-wide conversations with like-minded fans from around the world – all with the convenience of real-time multilingual translation. A similar open chat room will give users a way to connect with users from other fandoms as well. Alongside the new chat room features, FANTOO will also soon have enhanced private chats where users can talk over an encrypted channel as well as video call functionality so fans who connect through the app can have “face-to-face” conversations with each other. “FANTOO is not just a space for fandom, but it is a place for fans with the same interests to meet and form relationships through chatting,” Hyeok said. “We expect these additional new features, including both the current and planned future upgrades, will increase revenue generation through FANTOO." This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

The Most Important Things Everyone Should Know Before Investing In Gold IRAs

Benzinga

By Faith Ashmore, Benzinga When it comes to planning for a secure retirement, it is essential to explore all available avenues. Traditional investment options like stocks and bonds have their merits, but there is another store of value that often goes overlooked – gold Individual Retirement Accounts (IRAs). A gold IRA is a type of self-directed retirement account where the holder invests in physical gold instead of conventional assets such as stocks, bonds or mutual funds. Here are five things you need to know about gold IRAs. Harnessing Tax Advantages For Optimal Gains One of the most significant advantages of gold IRAs lies in the attractive tax benefits they offer. Depending on the type of gold IRA you open, you can enjoy favorable tax treatment either during the contribution phase or when you eventually withdraw your funds. For traditional IRAs and Simple Employee Pension (SEP) IRAs, contributions are not taxed, providing an immediate advantage for investors. In contrast, Roth IRAs tax contributions but offer the promise of tax-free withdrawals. Additionally, traditional and SEP IRA contributions are tax-deductible, further enhancing their appeal to investors seeking to maximize their gains. Shielding Your Assets From The Ravages of Inflation In times of economic uncertainty, where the value of the dollar can fluctuate unpredictably, gold presents a historically reliable hedge against inflation. History has shown that gold prices tend to rise when the dollar's value declines, making it an attractive long-term investment. Gold values have proven resilient against interest rate fluctuations, offering stability and solid returns. By incorporating gold into your retirement portfolio through a gold IRA, you can shield your portfolio from the erosive effects of inflation, ensuring that your wealth retains its value over time. A Safe Harbor Amidst Market Turmoil? In today's fast-paced and interconnected world, financial markets are prone to sudden swings and unexpected turbulence. Stock and bond investments can be particularly vulnerable, experiencing significant volatility during economic downturns. However, gold prices have historically displayed a tendency to hold steady during periods of economic turmoil, making gold IRAs an oasis of stability in an uncertain landscape. Strategic Diversification For Sustainable Returns Many experts say the key to successful investing lies in building a well-diversified portfolio, leveraging the strengths and advantages of different asset classes. While high-risk, high-reward investments have their place, a prudent and balanced approach is essential. Gold, as a more conservative asset, plays a crucial role in creating a diversified investment portfolio. While gold very often won’t witness rapid appreciation, the metal is effective at mitigating risk and enhancing stability – preventing extreme losses during turbulent market conditions. By incorporating gold IRAs into your investment strategy, you can strike the optimal balance between growth and security, multiplying the potential for sustainable returns. Choosing The Right Gold IRA Firm – An Option To Consider One leading IRA worth considering is offered by Preserve Gold, a U.S.-based precious metals firm with 0 BBB complaints and excellent reviews. The company specializes in helping individuals and families diversify and protect their wealth through tangible precious metals. The firm provides a selection of gold, silver, platinum, and palladium coins and bars. Preserve Gold distinguishes itself through its focus on three core principles: integrity, transparency and consistency. These principles serve as the company’s foundation for long-lasting customer relationships and reinforce the company's commitment to providing trustworthy and reliable services. To ensure a smooth and secure purchasing process, Preserve Gold offers an informed and easy way to acquire precious metals. The company's knowledgeable team assists clients in making educated purchasing decisions while prioritizing security and ease of transaction. A gold IRA can be an excellent addition to a retirement portfolio. It offers numerous benefits that can help you protect and grow your savings over time. When deciding to invest in a gold IRA, having a trusted partner like Preserve Gold is key to achieving your financial goals. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

Has ARKK Been Oversold? Traders Are Doubling Down On A Potential Innovation Recovery With This Leveraged ETF

Benzinga

By Rachael Green, Benzinga ARK Innovation ETF (NYSEARCA: ARKK) was an investor darling in the first year of the pandemic with its robust portfolio of COVID-era winners like Zoom (NASDAQ: ZM). But the disruptive tech ETF took a beating in 2022, falling more than 67% throughout the year. However, this year, ARKK seems to have begun a slow and arduous recovery, gaining over 40% year-to-date despite a widespread selloff this summer. Still, it’s far from its 2020 peak of over $150 per share, and some bullish investors believe the partial recovery this year is a sign that the ETF is ready to regain its former glory. Here’s what’s behind that bullish outlook. A Potential Upcoming Pause In Rate Hikes As Economic Data Gives Cause For Optimism Investors remain optimistic that the Federal Reserve will pause interest rate hikes at its upcoming meeting on September 20. In August, key economic indicators were largely mixed but still suggested that inflation was cooling overall. While consumer prices rose from 3% in June to 3.2% in July, core inflation – consumer prices with food and energy prices stripped out– declined slightly from 4.8% in June to 4.7%. And it’s that core inflation that the Federal Reserve wants to see come down to its 2% target. If interest rate hikes are paused, the macroeconomic tailwind this month could add more lift to ARKK which has already begun recovering some of its August losses. Despite Investor Exodus, ARKK Still Has A Potentially Promising Growth Portfolio ARKK may have missed the explosive AI-generated growth of Nvidia (NASDAQ: NVDA), but the top 10 holdings are dotted with underdog growth stocks. For example, the app and game developer platform Unity Software (NYSE: U) just landed a deal this summer to use Unity’s gaming software in Apple’s (NASDAQ: AAPL) upcoming virtual reality headset, Apple Vision Pro. Zoom, the video communications platform that’s been relatively neglected by investors after its pandemic-era boom, has been building up a stockpile of cash that now sits at about $6 billion. It’s planning to use that to grow its enterprise vertical, one of its most successful segments. It’s also spending some of that on new AI-enhanced features, like the new AI Companion, a built-in AI-powered assistant that can catch you up on meetings if you’re late, auto-generate meeting summaries, and even give you feedback on your conversational and presenting skills. You Can Potentially Magnify Your Bullish ARKK Views With the AXS 2X Innovation ETF For investors who see the summer tumble as a hiccup in ARKK’s overall upward trajectory, AXS Investments has designed a unique leveraged ETF just for you. The AXS 2X Innovation ETF (TARK) seeks 200% of the daily performance of the ARK Innovation ETF. That 2x leverage gives investors a chance to turn the ETF’s slow and rocky recovery into more substantial gains. That added leverage does increase the risk of using TARK, so it’s important to use it for short-term trades, such as the potential upswing following the Fed’s upcoming meeting. But when used carefully, TARK is a useful tool for traders who are staunchly bullish on disruptive tech and see the periodic panicked selloffs as an opportunity to find yield. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

HUMAN Security and Locality Partner to Help Local CTV Advertisers Reach Quality Consumers

Locality

HUMAN Security, Inc. — the global cybersecurity leader in protecting enterprises by disrupting bot attacks, digital fraud and abuse with modern defense, today announced a new strategic partnership with Locality, the industry’s preeminent local television solutions provider. The partnership leverages HUMAN’s Ad Fraud Defense solution, MediaGuard, and Locality’s direct access to premium ad inventory to allow brands to unlock superior value through their streaming advertising efforts by ensuring ads are reaching and connecting with their target consumers. HUMAN observes over 85% of global programmatic impressions, providing unmatched scale for accurate decisioning with deep technical analysis verifying ads seen by real humans. HUMAN uses superior detection techniques to mitigate ad fraud and protect its clients’ digital advertising solutions with unmatched scale, speed, and precision. The result for brands and publishers is maximized ROI and increased trust throughout the digital advertising supply chain. "Locality is respected for offering brands access to premium local ad inventory for both broadcast and streaming, so we always seek the best possible protections for both content owners and marketers,” said Keith Kazerman, President of Streaming at Locality. “We are excited to work with HUMAN to safeguard our customers from anything that would negatively impact advertisers or our content partners.” "Our collaboration with Locality is focused on protecting its customers from cybercriminals who seek to defraud the digital advertising ecosystem,” said Jay Benach, GM of Media at HUMAN Security. “HUMAN’s MediaGuard is designed to identify fraud with unmatched speed, scale and precision while making advertising fraud unprofitable for these threat actors.” Locality’s goal is to unlock the full power of local TV advertising for brands seeking authentic connections with viewers, at scale. The company brings together the best players, tech and premium inventory in broadcast and streaming to help brand advertisers navigate both under one roof. Locality’s partnership with HUMAN enables the company to protect brand advertisers from CTV fraud while helping them grow by offering targeted, efficient, and attributable results. To learn more about MediaGuard and how it protects digital investments, visit here. About Locality Locality is the industry’s preeminent local television solutions provider, committed to addressing the evolving needs of advertisers by unlocking the power of local and driving dollars to the local video marketplace. Formed through the union of CoxReps and Gamut, Locality brings together the best talent in both broadcast and streaming. With more than 11 locations in the US, Locality helps brands tap into the mindset of the local consumer and precisely reach optimal markets, nationally. Having served more than 1,500 ad agencies and 4,500 advertisers, to date, Locality offers the best premium inventory that the industry has to offer to help brands optimize their spend and target audiences at scale. For more information, please visit www.locality.com About HUMAN HUMAN is a cybersecurity company that protects organizations by disrupting bot attacks, digital fraud and abuse. We leverage modern defense to disrupt the economics of cybercrime by increasing the cost to cybercriminals while simultaneously reducing the cost of collective defense. Today we verify the humanity of more than 20 trillion digital interactions per week across advertising, marketing, e-commerce, government, education and enterprise security, putting us in a position to win against cybercriminals. Protect your digital business with HUMAN. To Know Who’s Real, visit www.humansecurity.com.. Contact Details Kite Hill PR for Locality Kerriann Becker +1 631-235-7796 kerriann@kitehillpr.com HUMAN Security Masha Krylova masha.krylova@humansecurity.com

September 20, 2023 08:05 AM Eastern Daylight Time

Get SAT’s new In-Flight Connectivity ESA Terminal was chosen by Safran Passenger Innovations, as part of the RAVE AeroConnect Ku IFC solution

Get SAT

20 September 2023 - Get SAT, an innovator in compact satellite communication terminals for ground, airborne, and maritime applications, today announced that it has been chosen by Safran Passenger Innovations (SPI) to supply an innovative Ku-band terminal as part of SPI’s “RAVE AeroConnect” inflight connectivity (IFC) products. RAVE AeroConnect Ku is a new flexible satellite connectivity solution, which will be provided to airlines as linefit and retrofit options on all major aircraft platforms. The antenna will add Ku-band capability in addition to SPI’s existing Ka-band offering. With RAVE AeroConnect, airlines will be able to choose between various satellite services and multiple constellations. Notably RAVE AeroConnect will be available on Airbus aircraft as SFE* line-fit and retrofit catalogue option as part of Airbus’ Airspace HBC plus (targeted offer ability for 2024 and EIS in 2026) and enable airlines to connect to a choice of service providers. RAVE AeroConnect Ku is part of a complete IFC solution with a radome, adapter plate and various modem options. Get SAT Aero LESA represents state-of-the-art, low profile ESA (Electronically Steered Antenna) technology operating in the Ku-frequency band. It allows simultaneous connection with both Geostationary Orbit (GEO) and Low Earth Orbit (LEO) satellite constellations, to enable simultaneous multi-beam multi-orbit operation. This small, versatile terminal will provide airline passengers with unparalleled connectivity experience through true global coverage by its multi-orbit performance and higher bit rates with its multi-beam simultaneous links. Built specifically for airborne operations, RAVE AeroConnect Ku solution, which includes Get SAT Aero LESA, supports both in-flight connectivity and entertainment. The new RAVE AeroConnect Ku terminal from SPI, that was selected by Airbus for its HBCplus solution, leads to significant reductions in operating costs and boosts the user experience. This enhanced connectivity solution will ensure faster, more reliable passenger connectivity with greater flexibility. Passengers can look forward to a remarkable, seamless in-flight connectivity experience. Offering high-speed connectivity, the terminal delivers enhanced data rates, reduced drag and latency, and increased performance, thus boosting productivity, reliability and decreasing operational costs. This innovative solution, which allows data exchange as a unified aircraft system, is ideally tailored to support future capacity growth and digital services demand. It empowers airlines to offer passengers an exceptional connectivity experience. Get SAT CEO, Benjamin, said: "SPI has recognized our expertise in navigating complex SATCOM challenges, highlighting our contribution to evolving airborne communication solutions. Together with SPI and Airbus, we're gearing up to amplify the RAVE AeroConnect IFC offering using our innovative communication terminals, which are specifically designed to cater to airline demands. It's a matter of pride for us to be a part of such transformative steps in commercial aviation." Matt Smith, CEO of SPI said: “Safran Passenger Innovations is delighted to select Get SAT as the Ku-band ESA provider for our various airline and OEM programs. We are excited to disrupt the industry by providing agnostic and open terminals supporting the Airbus vision, giving airlines the freedom of choice for their future connectivity services. Get SAT has demonstrated their ability to meet the needs of demanding government customers and we are excited to bring this technology to the commercial airline market.” About Get SAT Get SAT is at the forefront in supplying Micronized Satellite Terminals, which come in a compact form and are suitable for ground, air, and maritime applications. The company's groundbreaking antenna technology delivers the highest level of efficiency in the most compact size. The LESA antenna technology is a leap forward in capability and form factor, enabling Get SAT to provide truly portable, integrated, full-duplex, wide-band satellite communications. Get SAT terminals operate in multi- orbit satellite constellations, in GEO, MEO and LEO. For more information visit www.getsat.com Press Contacts Get SAT Ayala Pinhasi +972-76-5300-700 #122 +1-571-501-5150 info@getsat.com About SPI Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 83,000 employees and sales of 19,0 billion euros in 2022 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap. Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices. Safran Passenger Innovations creates innovative in-flight entertainment and connectivity systems using the latest in consumer and avionics technology to provide best in class hardware, software, and services for a premium, connected flying experience. For more information: www.safran-group.com www.safran-group.com/companies/safran-passenger-innovations Press Contacts Jared Siqueland +1-714-203-0525 jared.siqueland@zii.aero SFE* = Supplier Furnished Equipment Contact Details Get SAT Ayala Pinhasi +972 76-530-0700 ayala@getsat.com Company Website https://www.getsat.com/

September 20, 2023 05:00 AM Pacific Daylight Time

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OnePlus Shares 10-year Business Experience and Confirms Launch of First Foldable Phone at TechCrunch Disrupt 2023

OnePlus

SAN FRANCISCO, US - Media OutReach - 20 September 2023 - Global technology brand OnePlus took to the stage at TechCrunch Disrupt 2023 to share its decade-long experience in running a tech business and confirm the upcoming launch of its first foldable smartphone. "This year marks the 10-year milestone of OnePlus. Over the past decade, OnePlus has always sought to do the right thing in the right way, co-creating products with our users based on their experiences, while maintaining an entrepreneurial mindset that enables us to continually challenge conventional concepts of technology with our premium, high-performance hardware and best possible software experiences," said Zeng Xi, Creative Director for Product at OnePlus during the Builders Stage session on How to Sustain a Tech Company in a Competitive World at TechCrunch Disrupt 2023, which was also attended by Robin Liu, CEO of North America for OnePlus. Alongside sharing with audiences the key components that have contributed to OnePlus's long-term business success over its first 10 years, Zeng also highlighted how OnePlus will continue to stick to its user-driven DNA and "Never Settle" mantra as it embarks on its second decade. This includes remaining focused on its unique strengths as it seeks to further push boundaries, embrace change, and unlock the immense possibilities offered by new innovations to deliver users exceptional Fast & Smooth experiences that meet the needs of both today and tomorrow. During the session, OnePlus also confirmed that its first-ever foldable smartphone will be launched soon. As the latest breakthrough in OnePlus’s exploration of smartphone form factors, and a representation of the brand’s openness to all possibilities, the new device is set to redefine the concept of foldable smartphones by delivering all-round flagship-level experiences in a compact foldable form factor. More details about the new OnePlus foldable phone will be available soon on the official OnePlus website, OnePlus forums and social media channels. About TechCrunch Disrupt Disrupt — the original startup conference —stays fresh, relevant and focused on founders, investors, and the future of tech year after year. Whether you're a startup rookie learning the ropes, a seasoned investor searching for the next big thing, or a founder hell-bent on changing the world - Disrupt delivers the tools, knowledge, and connections to help you make it happen. About OnePlus OnePlus is a global mobile technology brand that challenges conventional concepts of technology. Founded on the "Never Settle" mantra, OnePlus creates exquisitely designed devices with premium build quality and high-performance hardware. OnePlus thrives on cultivating strong bonds and growing alongside its community of users and fans. For more information, please visit OnePlus.com or follow us on: Instagram - https://instagram.com/oneplus Facebook - https://facebook.com/oneplus Twitter - https://twitter.com/oneplus LinkedIn - https://linkedin.com/company/oneplus YouTube - https://youtube.com/@oneplustech TikTok - https://tiktok.com/@oneplus Contact Details Grace Li press@oneplus.com

September 20, 2023 07:18 AM Eastern Daylight Time

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Naurt supercharges delivery industry as it goes public with innovative geo-location software

Naurt

The global “last mile” food and package delivery industry is worth almost $990b and is facing immense pressures to manage costs and cope with demand. Helping them deliver on their promise and create operational efficiencies, geo-location start-up Naurt today announcing the public launch of their software which is set to redefine the delivery ecosystem. Having successfully completed over 80 pilots with a range of organisations, Naurt is launching with a £300,000 funding from venture builder Founder + Lighting to propel its ambitious scale-up plans. The Naurt platform is laser focussed on fixing the biggest issue facing delivery drivers: the arduous task of finding the best parking spot and the correct building entrance. By showcasing the optimal locations, Naurt guarantees quicker deliveries, ensuring parcels never get lost or delayed. This innovation not only enhances delivery capacity by 5% to 15%, but it also significantly impacts delivery companies’ gross profit margins by minimising the key industry “stop cost” metric. This measures the number of deliveries made per shift divided by the length of time it’s taken the driver to complete. During its beta testing (last 18 months), Naurt has collaborated with 83 organisations, who have reported a 6.67% increase in daily deliveries. This boost, equating to an additional delivery per day for drivers, translates into substantial financial savings for companies, especially when labour costs account for a substantial 40% of delivery service expenses. Founded in 2020, Naurt has been on a mission to refine GPS tracking accuracy. The company’s unique software-first approach has enabled them to deliver significant business impact and has been recognised by winning Tech Nation’s Rising Stars start-up competition, outperforming 627 others. With a rapidly expanding team, which includes industry stalwarts Lucy Woolfenden, former CMO at Yolt, and Cien Solon, ex-Zilch, Naurt is poised to scale the business. Jack Maddalena, CEO of Naurt, said, “We see many businesses miss out due to poor levels of location data quality. Now that we have proven our quality of location tracking and data, this will lift the constraints and open possibilities for teams. Naurt has unlocked this opportunity for businesses, with the delivery sector being our initial focus. It's become clear that accurate location tracking alone is not sufficient in this fast paced industry, there's a desperate need for location intelligence in each and every delivery. A lack of which is costing businesses and people time, money and safety. We have created a solution that is able to improve on this without the need for extra hardware. The work we are doing will be transformational for people and businesses around the world”. The current economic environment has witnessed a shift from growth to profitability. Final mile companies are striving to streamline operations, making Naurt’s solution increasingly pertinent. Their patent-pending software not only ensures efficient deliveries by determining optimal parking spots and building entrances, but it also amasses invaluable data, with over 500 million location points collected in collaboration with global delivery giants. Recent studies, like the research paper from Washington University, have underscored the need for intelligent parking solutions, highlighting potential savings of up to 27.9% in parking search time. This further emphasises the value Naurt brings to the industry. “We are confident that Naurt has a globally unrivalled location-tracking solution. Last-mile delivery problems are costing businesses millions each year and Naurt will help slash these inefficiencies.” added Conor Moylan, Chief Investment Officer at Founder + Lightning Looking ahead, Naurt is eager to integrate with numerous delivery companies, aspiring to become an industry-standard software solution. Their vision extends beyond deliveries; they foresee their technology aiding utility companies in asset tracking, potentially revolutionising maintenance protocols. About Naurt Established in 2020 in the UK, Naurt is reshaping the delivery landscape with pioneering software solutions. Our focus on advanced GPS tracking and precise parking and entrance data has simplified deliveries, boosting efficiency and profits for global delivery firms. As a winner of Tech Nation’s Rising Stars award, we’ve showcased a software-driven approach to tangible challenges. In partnership with industry titans, we’ve captured over 500 million location points, leading the way in delivery and location tracking. Naurt is on a mission to set the benchmark in location data across diverse sectors. About Founder & Lighting Founder + Lightning Capital invests in Founders to help them build, grow and transform their businesses with technology. Over the last decade, Founder + Lightning has built over 35 businesses, protecting Founders’ runway and business growth like their own. Founder + Lightning Capital has an ecosystem of investment, strategy, design and tech and is looking to invest in Founders building B2B startups. For more information and to apply go to: https://www.founderandlightning.com/capital/founders Contact Details Naurt Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.naurt.com/

September 20, 2023 07:00 AM Eastern Daylight Time

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LimeWire Acquires BlueWillow - AI Image Generation Model and 2nd Largest Community with 2.3 Million Users

LimeWire

LimeWire, the tech company best known for peer-to-peer music sharing, has acquired AI generation platform BlueWillow. BlueWillow is a leading AI image generation platform with a vibrant community of over 2.3 million active members. In the span of this year alone, BlueWillow has facilitated the creation of 500 million images, solidifying its position as a driving force in the AI content generation sphere. The acquisition comes on the heels of LimeWire announcing LimeWire AI Studio, its content generation platform that allows anyone to create images, own the rights to them, and generate revenue when those images are used. "This is more than an acquisition; it's the merger of a shared vision and innovation. Welcoming BlueWillow amplifies our commitment to both the artist and creator community. Together, we're shaping the future of AI-driven content creation and creativity." shared Paul and Julian Zehetmayr, LimeWire's Co-CEOs. As a result of this acquisition, LimeWire will now combine its already easy-to-use AI Studio, and creator platform with BlueWillow’s proprietary AI model for text-to-image and image-to-image generation. LimeWire’s objective moving forward is clear: to provide all creators with access to advanced AI tools and empower everyone to unleash their creative potential. Understanding AI Content Generation Space The updated LimeWire AI Studio leverages a range of open-source AI technologies, allowing creators to own the images they create. Through this acquisition, it makes the creation process easier so anyone - regardless of their technical ability - can participate. These capabilities will set LimeWire apart from other competitors who only offer image creation capabilities without ownership rights and those reliant on Discord communities and complex prompts, which often limit users' creative potential. Giving Creators Ownership Additionally, this deal will facilitate the creation of the only AI image generator community where creators are able to earn money from their work through ad revenue sharing. The alliance ensures that users, both old and new, will have access to unparalleled AI tools and resources to create, share and monetize their content. Thus setting the stage for a new era in AI-generated content. Creators will receive 50% of ad revenue generated from their content (up to 70% depending on status within the community). Subscribers to said creator will receive 10% of ad revenue generated and an additional 10% if they share their work on social media. LimeWire's acquisition of BlueWillow not only combines the strengths of two pioneering platforms but also further illustrates LimeWire's commitment to democratizing the digital creative space. BlueWillow’s CEO Ritankar Das states, "At the heart of BlueWillow is our community, a diverse group of passionate creators and innovators who have been pivotal to our growth. Joining the LimeWire family ensures that our community doesn’t just grow in numbers but thrives in an environment of state-of-the-art tools and expanded opportunities." ABOUT LIMEWIRE LimeWire is an innovative subscription-based platform designed to empower content creators, artists, and brands while offering fans exclusive content, access to private communities, and direct communication with their favorite artists. Evolving from its early 2000s music discovery roots, LimeWire enables creators to maintain greater control over their content, generate predictable income, and foster strong connections with their most loyal fans. Contact Details Ditto PR Wahaj Khan +1 630-935-7684 wahaj@dittopr.co Company Website https://limewire.com/

September 20, 2023 03:01 AM Eastern Daylight Time

Get SAT’s new In-Flight Connectivity ESA Terminal was chosen by Safran Passenger Innovations, as part of the RAVE AeroConnect Ku IFC solution

Get SAT

19 September 2023 - Get SAT, an innovator in compact satellite communication terminals for ground, airborne, and maritime applications, today announced that it has been chosen by Safran Passenger Innovations (SPI) to supply an innovative Ku-band terminal as part of SPI’s “RAVE AeroConnect” inflight connectivity (IFC) products. RAVE AeroConnect Ku is a new flexible satellite connectivity solution, which will be provided to airlines as linefit and retrofit options on all major aircraft platforms. The antenna will add Ku-band capability in addition to SPI’s existing Ka-band offering. With RAVE AeroConnect, airlines will be able to choose between various satellite services and multiple constellations. Notably RAVE AeroConnect will be available on Airbus aircraft as SFE* line-fit and retrofit catalogue option as part of Airbus’ Airspace HBC plus (targeted offer ability for 2024 and EIS in 2026) and enable airlines to connect to a choice of service providers. RAVE AeroConnect Ku is part of a complete IFC solution with a radome, adapter plate and various modem options. Get SAT Aero LESA represents state-of-the-art, low profile ESA (Electronically Steered Antenna) technology operating in the Ku-frequency band. It allows simultaneous connection with both Geostationary Orbit (GEO) and Low Earth Orbit (LEO) satellite constellations, to enable simultaneous multi-beam multi-orbit operation. This small, versatile terminal will provide airline passengers with unparalleled connectivity experience through true global coverage by its multi-orbit performance and higher bit rates with its multi-beam simultaneous links. Built specifically for airborne operations, RAVE AeroConnect Ku solution, which includes Get SAT Aero LESA, supports both in-flight connectivity and entertainment. The new RAVE AeroConnect Ku terminal from SPI, that was selected by Airbus for its HBCplus solution, leads to significant reductions in operating costs and boosts the user experience. This enhanced connectivity solution will ensure faster, more reliable passenger connectivity with greater flexibility. Passengers can look forward to a remarkable, seamless in-flight connectivity experience. Offering high-speed connectivity, the terminal delivers enhanced data rates, reduced drag and latency, and increased performance, thus boosting productivity, reliability and decreasing operational costs. This innovative solution, which allows data exchange as a unified aircraft system, is ideally tailored to support future capacity growth and digital services demand. It empowers airlines to offer passengers an exceptional connectivity experience. Get SAT CEO, Benjamin, said: "SPI has recognized our expertise in navigating complex SATCOM challenges, highlighting our contribution to evolving airborne communication solutions. Together with SPI and Airbus, we're gearing up to amplify the RAVE AeroConnect IFC offering using our innovative communication terminals, which are specifically designed to cater to airline demands. It's a matter of pride for us to be a part of such transformative steps in commercial aviation." Matt Smith, CEO of SPI said: “Safran Passenger Innovations is delighted to select Get SAT as the Ku-band ESA provider for our various airline and OEM programs. We are excited to disrupt the industry by providing agnostic and open terminals supporting the Airbus vision, giving airlines the freedom of choice for their future connectivity services. Get SAT has demonstrated their ability to meet the needs of demanding government customers and we are excited to bring this technology to the commercial airline market.” About Get SAT Get SAT is at the forefront in supplying Micronized Satellite Terminals, which come in a compact form and are suitable for ground, air, and maritime applications. The company's groundbreaking antenna technology delivers the highest level of efficiency in the most compact size. The LESA antenna technology is a leap forward in capability and form factor, enabling Get SAT to provide truly portable, integrated, full-duplex, wide-band satellite communications. Get SAT terminals operate in multi- orbit satellite constellations, in GEO, MEO and LEO. For more information visit www.getsat.com Press Contacts Get SAT Ayala Pinhasi +972-76-5300-700 #122 +1-571-501-5150 info@getsat.com About SPI Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 83,000 employees and sales of 19,0 billion euros in 2022 and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and innovation roadmap. Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices. Safran Passenger Innovations creates innovative in-flight entertainment and connectivity systems using the latest in consumer and avionics technology to provide best in class hardware, software, and services for a premium, connected flying experience. For more information: www.safran-group.com www.safran-group.com/companies/safran-passenger-innovations Press Contacts Jared Siqueland +1-714-203-0525 jared.siqueland@zii.aero SFE* = Supplier Furnished Equipment Contact Details Get SAT Ayala Pinhasi +972 76-530-0700 info@getsat.com Company Website https://www.getsat.com/

September 19, 2023 11:00 PM Pacific Daylight Time

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