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BridgeFT Named a Finalist for Second Consecutive Year in Two Categories in the 2024 WealthManagement.com Industry Awards

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced today that it has been named a Finalist in the WealthManagement.com 2024 Industry Awards for two categories. BridgeFT is a finalist in the Innovation Platforms and Account Aggregation categories. “Once again, we are so honored to be recognized for the innovations that BridgeFT has brought to the wealthtech marketplace in helping advisors and financial technology companies centralize critical client data to power differentiated applications throughout the wealth ecosystem,” said Joe Stensland, BridgeFT’s Chief Executive Officer. “The WealthManagement.com Industry Awards set the standard for highlighting the best in our industry, and we are thrilled to be recognized as finalists in these prestigious categories.” BridgeFT’s WealthTech API is the industry’s first WealthTech-as-a-Service platform, offering an open API to AI and trade-ready multi-custodial data, advanced analytics, and application services. The WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, next-generation wealth management applications. Now in its tenth year, the WealthManagement.com Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 5, 2024. “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the financial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.” About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations--seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com. About WealthManagement.com WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals. Contact Details Media media@bridgeft.com Company Website https://www.bridgeft.com/

June 06, 2024 10:00 AM Eastern Daylight Time

Kevel Named to Newsweek’s List of the Top 100 Global Most Loved Workplaces for 2024

Kevel

Kevel has ranked #13 on Newsweek ’sTop 100 Global Most Loved Workplaces® list for 2024. This is the 2 nd annual Top 100 Global Most Loved Workplaces® list in collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company. The results were determined after surveying more than 2 million employees from businesses with workforces varying in size from 30 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them. Why is Kevel most loved? Kevel is committed to creating a thriving and diverse community, and it doesn't just show up in their recruitment. By addressing feedback from specific groups, from BIPOC to LGBTQ+ to women, Kevel ensures everyone has the psychological safety to be their authentic selves in the workplace. And with all-staff annual retreats, an international remote-first culture and the opportunity to work on cutting-edge, innovative technology, what's not to love? “We pride ourselves on being a people-first organization where we encourage vulnerability, authenticity and transparency. We aim to build an environment where every employee feels respected, welcomed and heard. We provide autonomy and flexibility, and promote from within to ensure every employee has the opportunity to reach their full potential.” - Mike Kohn Chief People Officer, Kevel How positive workers feel about their future at the company, career achievement, how much employer values align with employee values, respect at all levels, and the level of collaboration at the firm were the five critical areas measured to gauge employee sentiment. In addition, areas such as inclusion, employee wellness, diversity, career development, and company leadership were identified and analyzed in relation to the five critical areas measured. “As workplaces continue to shift, it’s clearer than ever that fostering collaboration, embracing a positive outlook, and aligning values are essential. The companies celebrated on the 2024 Global Most Loved Workplaces® list truly embody these principles. They show us that by championing respect and team oriented outcomes, they’re not just building great workplaces, they’re shaping a brighter future for all.” - Nancy Cooper, Global Editor in Chief of Newsweek Methodology BPI measures five primary areas to determine how employees feel about where they work to create the Most Loved Workplaces® list: the level of collaboration at the workplace, how positive workers are about their future at the company, how much employer values align with employee values; respect at all levels and career achievement. In consultation with Newsweek editors, BPI also considered employee wellness, diversity, inclusion, career advancement, and other workplace and talent development initiatives. To identify the top 100 companies ranked in this Newsweek publication, companies were evaluated and scored as follows: 50 percent of the initial score was based on direct employee responses to BPI's proprietary Love of Workplace Index® assessment. Another 15 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed, and Google. The final 35 percent came from BPI’s direct interviews and written responses from company officials. Newsweek then researched every company on the list to determine the final list of 100 companies and their rankings. To view Kevel’s ranking and the full list, visit the Global Most Loved Workplaces® 2024 page. To learn more about the Most Loved Workplace certification, visit https://mostlovedworkplace.com/ and the Best Practice Institute, visit bestpracticeinstitute.org. About Kevel Kevel powers innovative, flexible ad tech infrastructure APIs that fuel its ad serving solutions. It’s unique offering empowers multi-brand retailers to launch differentiated retail media networks that improve the shopper experience while maintaining total control of their first-party data. Kevel believes that every digital retailer should have the capability to scale their own distinct ad platform, just like big tech players like Amazon. Customers like Edmunds, Klarna, Delivery Hero, Leroy Merlin, Slickdeals, and other leading retailers and marketplaces all launched their own retail media network with Kevel. The company has garnered numerous accolades, most recently earning recognition as one of the leading 100 innovative tech start-ups driving the future of brand-to-consumer in 2023 and awarded the MarTech Breakthrough Award for best overall ad tech company in 2022. Learn more at www.kevel.com Contact Details Kevel Jennifer Choo Director of Marketing +1 973-343-8819 jchoo@kevel.com

June 06, 2024 09:58 AM Eastern Daylight Time

Callan Family Office Named a Finalist in Two Categories in the 2024 WealthManagement.com Industry Awards

Callan Family Office

Callan Family Office, a registered investment advisor serving ultra-high-net-worth families, family offices, foundations and endowments across the United States, today announced it has been named a Finalist in the WealthManagement.com 2024 Industry Awards for two categories. Callan Family Office was named a finalist in the Family Office Client Initiative category, while Jack Ginter, Callan Family Office’s Chief Executive Officer, is a finalist for Chief Executive Officer of the Year for RIAs under $20 billion in assets under management. “We are thrilled to be recognized by WealthManagement.com for the Wealthies, which are so well respected in our industry,” Ginter said. “We started this firm with the unique needs of family offices in mind, so this recognition is a validation of our place in the industry as an entrepreneurial and independent firm. This honor is a credit to the hard work of our entire team.” Now in its tenth year, the WealthManagement.com Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations and individuals that support financial advisor success. A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 5th. “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the financial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.” About Callan Family Office Independently owned and operated, Callan Family Office was founded by experienced wealth professionals to provide investment management, thoughtful personalized advice, and holistic financial planning to ultra-high-net-worth families, foundations, and endowments. The firm's principals have spent their careers serving ultra-high-net-worth clients and institutions. Callan Family Office has agreements with Callan LLC to use the Callan ® tradename in providing investment advisory services to the ultra-high-net-worth market segment and to access Callan's institutional quality research, education, and investment guidance experience. Callan Family Office and Callan LLC are independent, unaffiliated investment advisory firms separately registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. About WealthManagement.com WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals. Callan Family Office (CFO) is the exclusive trademark licensee of Callan LLC. Callan LLC provides products and services to CFO. Clients of CFO are not clients of Callan LLC, and the parties are not affiliated. CALLAN, CFO and the other Callan trademarks and service marks are registered and/or unregistered trademarks of Callan LLC and may not be used without its permission. INVESTMENT ADVISORY SERVICES AND PRODUCTS PROVIDED TO CLIENTS OF CFO ARE PROVIDED SOLELY BY CFO AND NOT BY OR ON BEHALF OF CALLAN LLC. REPRESENTATIVES OF CFO ARE EMPLOYEES AND AGENTS OF CFO AND NOT EMPLOYEES OR AGENTS OF CALLAN LLC. Contact Details For Callan Family Office info@callanfo.com Company Website https://callanfamilyoffice.com/

June 06, 2024 09:45 AM Eastern Daylight Time

Assiduus Accelerates International Growth, Expands into South America

Assiduus

Assiduus, a renowned innovator and leader in multi-market ecommerce distribution, has announced its expansion into South America. With the expansion, Assiduus expects to capitalize on the region's booming ecommerce market and empower non-LatAm brands to reach millions of potential customers across South America. Despite being a rapidly growing market, South America remains under-penetrated for non-regional brands. However, Assiduus believes there is a huge appetite for international brands, particularly those of US origin. Market data suggests that ecommerce sales in Latin America are expected to rise to $160 billion by 2025. With the current growth rate, others are even more bullish, forecasting the surge to be up to $200 billion by the end of 2025. Hence, Assiduus does not just look forward to entering another market but also to opening up a unique opportunity for brands globally. Founder and CEO of Assiduus, Somdutta Singh, is confident that this expansion will be a game-changer for brands in the region and play a pivotal role in Assiduus’ growth trajectory. By establishing a presence in South America, the company looks forward to expanding its client offerings and base and solidifying its position as the leading global ecommerce accelerator: “ South America represents a vibrant landscape for ecommerce. We're excited to empower brands and entrepreneurs with the opportunity to grow their business with Assiduus and deliver great value and a convenient shopping experience for customers across South America. We’re providing our industry-leading expertise to brands, enabling them to navigate complexities like global logistics and fulfillment, access to buyer data and analytics, marketplace and inventory optimization across global platforms. This empowers brands to focus on what they do best – creating exceptional products for global audiences. ” Assiduus also looks forward to benefiting South American consumers by facilitating access to a wider variety of quality products. Their commitment to facilitating a smooth shopping experience ensures a convenient journey for customers across the region, making it easier than ever to discover and purchase their desired brands. About Assiduus Assiduus is headquartered in Delaware, US, and covers markets in North America (US & Canada), Europe, the Middle East, Asia, and South America. They are one of the frontrunners of tech-powered cross-border ecommerce distribution, and their full-stack middleware empowers brands to navigate the complexities of global distribution and supply chain management end-to-end via one platform. Assiduus solves the five key entry barriers and challenges for consumer brands to enter, sell, and scale in a market - navigating product licensing and import regulation, data-led inventory forecasting and planning, multi-platform integration, distribution and supply chain, and access to data and analytics. Since its inception in 2018, Assiduus has grown significantly, managing over $450+ million in GMV. Recognized by Inc 5000 as a Top 600 company in 2021 and ranked No. 8 in Deloitte Fast 50 in 2022, Assiduus has partnered with leading Fortune 500 companies as a global ecommerce distribution and supply chain enabler to help them optimize and scale their ecommerce business. Contact Details Hardik Jaisingh Assiduus hardik.jaisingh@assiduusglobal.com Company Website https://www.assiduusglobal.com/

June 06, 2024 09:30 AM Eastern Daylight Time

This One Company Is Working On A Breakthrough Approach To Revolutionize Pain Management

Autonomix Medical, Inc.

By Austin DeNoce, Benzinga Autonomix Medical (NASDAQ: AMIX) is a medical device company dedicated to transforming the diagnosis and treatment of diseases or disorders related to the nervous system. At the core of Autonomix's innovative approach is a first-in-class technology platform featuring a catheter-based microchip sensing array. This technology boasts an unprecedented ability to detect and differentiate neural signals with up to 3,000 times greater sensitivity than existing technologies. This breakthrough has paved the way for transvascular diagnosis and treatment of nervous system diseases virtually anywhere in the body, offering a new horizon of medical possibilities and market opportunities. Clinical Studies In Pancreatic Cancer Pain Autonomix has initiated its first clinical study targeting pancreatic cancer pain, marking a significant milestone in its ongoing medical innovation. Pancreatic cancer represents a considerable unmet medical need, particularly concerning pain management. Effective solutions in this area are critically needed, as current relief options for pancreatic diseases are limited to drugs like opioids. In light of that, the initiation of these clinical studies represents a crucial step toward addressing this substantial healthcare challenge for suffering patients. Market Opportunities In addition to addressing the pain relief needs of patients, Autonomix’s technology presents significant market opportunities across various medical fields. By accurately targeting the nervous system, Autonomix aims to address unmet needs and improve treatments for a wide range of conditions including but not limited to: Pancreatic Cancer Pain: The successful application of Autonomix's technology in pancreatic cancer pain management would not only help pancreatic cancer patients find relief from pain but also unlocks significant market potential. Pancreatic cancer pain management is part of a $2.2 billion market for pancreatic cancer treatment. Chronic Pain: This market presents a significant opportunity estimated at $75 billion. Conditions such as lower back pain, pelvic pain, urinary tract pain, digestive disorders and other tumor-related pain are prevalent and often inadequately managed with current therapies, particularly opioids. Autonomix's technology offers the potential to significantly reduce or eliminate the dependence on opioids, providing a safer and more effective solution for chronic pain management. Cardiovascular Diseases: With a market opportunity estimated at $23 billion, Autonomix's technology could revolutionize the treatment of conditions like hypertension and cardiovascular disease. By targeting the nervous system's role in these diseases, more precise and effective treatments could be developed. Pulmonary Diseases: Chronic obstructive pulmonary disease (COPD) is another area where Autonomix's technology could have a substantial impact. The market for COPD treatments is estimated to be around $18 billion with considerable growth ahead, driven by the need for more effective and less side-effect-prone therapies. Autonomix's approach could provide a new paradigm in managing this debilitating condition. Meeting Unmet Needs with Innovative Solutions Current drug therapies for many of these conditions often come with significant side effects and do not adequately address the underlying issues. Autonomix's technology offers a promising alternative by providing targeted, nerve-based treatments that could improve patient outcomes and quality of life. This innovative approach aligns with Autonomix's mission to dramatically enhance the lives of millions by enabling precise and effective nerve-targeted treatments. In doing so, Autonomix can both detect and ablate malfunctioning nerves in one simple procedure, effectively opening new treatment options in the field of electrophysiology. The Full Opportunity Autonomix Medical sits at the forefront of a potential revolution in medical treatment for diseases driven by the nervous system. The company’s advanced technology platform not only offers hope for better management of pancreatic cancer pain, but also opens the door to addressing numerous other conditions with significant unmet need. By providing physicians with powerful new tools for diagnosis and treatment, Autonomix is poised to make a profound impact on the future of healthcare. Featured photo by Irwan on Unsplash. Autonomix is a medical device company focused on advancing innovative technologies to revolutionize how diseases involving the nervous system are diagnosed and treated. The Company’s first-in-class technology platform includes a catheter-based microchip sensing array that has the ability to detect and differentiate neural signals with approximately 3,000 times greater sensitivity than currently available technologies. We believe this will enable, for the first time ever, transvascular diagnosis and treatment of diseases involving the peripheral nervous system virtually anywhere in the body.We are initially developing our technology for pancreatic cancer pain, a condition that can cause debilitating pain and needs an effective solution. However, our technology constitutes a platform with the potential to address dozens of indications, including in cardiology, renal denervation and chronic pain management across a wide disease spectrum. Some of the statements in this release are “forward-looking statements,” which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the timing of the completion of patient enrollment in the trial and the Company’s ability to successfully meet the milestones set forth in this press release on a timely basis, if at all. Such forward-looking statements can be identified by the use of words such as ‘should,’ ‘may,’ ‘intends,’ ‘anticipates,’ ‘believes,’ ‘estimates,’ ‘projects,’ ‘forecasts,’ ‘expects,’ ‘plans,’ and ‘proposes.’Although Autonomix Medical, Inc. (or Autonomix) believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering circular filed with the U.S. Securities and Exchange Commission (“SEC”) on January 26, 2024. Forward-looking statements speak only as of the date of the document in which they are contained and Autonomix does not undertake any duty to update any forward-looking statements except as may be required by law. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details JTC Team, LLC autonomix@jtcir.com Company Website https://autonomix.com/

June 06, 2024 09:00 AM Eastern Daylight Time

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ToolsGroup Strengthens Leadership Team with Eric Austvold as Chief Revenue Officer (CRO)

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is excited to announce a key leadership change aimed at driving growth across all regions and product lines. Eric Austvold has joined ToolsGroup as Chief Revenue Officer (CRO), bringing extensive experience from leadership roles in software companies. Known for promoting teamwork and driving revenue growth, Eric recently led a $100M Process Manufacturing unit at INFOR, a top global SaaS ERP provider. He also held leadership positions in early-stage SaaS start-ups and was a trusted advisor at AMR Research, now part of Gartner. He holds a BS in Applied Mathematics from The University of Wisconsin-STOUT. Speaking of his new role, Austvold commented, “I am excited to embark on this journey with ToolsGroup as we drive the future of supply chain planning and optimization. I firmly believe in the innovative solutions ToolsGroup offers and am committed to nurturing strong customer relationships to fuel our ongoing growth.” "We are thrilled to welcome Eric to the ToolsGroup team as Chief Revenue Officer," said ToolsGroup CEO Inna Kuznetsova. "His proven track record in driving revenue and fostering collaborative teamwork will be invaluable as we continue to enhance our global market presence. Eric’s leadership will help us achieve significant top-line growth and further our commitment to delivering exceptional value to our customers." Come meet Eric and other members of the ToolsGoup leadership team in person at the upcoming Gartner® Supply Chain Symposium/XPO™, June 10-12, in Barcelona. ToolsGroup will be exhibiting in kiosk #400, while ToolsGroup’s customer Franke will be presenting their success story and vision of a digital supply chain on Tuesday afternoon. Those interested in pre-scheduling a meeting with them are invited to book it here. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs.. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

June 06, 2024 09:00 AM Eastern Daylight Time

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VTS Recognized as a Globe St. Influencer in Retail Real Estate for 2024

VTS

VTS, the industry's only technology platform that unifies owners, operators, brokers, and their customers across the real estate ecosystem, today announced it has been recognized by GlobeSt. as a 2024 Influencer in Retail Real Estate. This marks VTS’ debut on the distinguished list and comes on the heels of VTS CEO Nick Romito and Chief Strategy Officer Ryan Masiello’s recognition as Influencers in Commercial Real Estate Technology by Globe St. earlier this year. “At VTS, we strive to deliver tailored innovation that addresses critical industry needs and generates significant value for stakeholders across all sectors. The development of VTS Retail Solutions was a strategic response to provide the industry with a technology solution to manage portfolios and market spaces in the most effective way possible, providing landlords with a competitive edge as consumer behaviors evolved,” said Romito. “This accolade underscores the continuous evolution of VTS’ solutions to meet the needs of multiple sectors of the real estate industry, and we are proud to offer a leading technology solution specific to retail, which is experiencing a period of great momentum.” VTS was recognized for its Retail Solutions offering, one of the first end-to-end leasing platforms designed specifically for retail landlords. With VTS Retail Solutions, landlords gain access to a comprehensive portfolio view, real-time tenant insights, automated leasing workflows, intelligence on growth opportunities, and the ability to target top tenants through VTS’ marketing module, VTS Market. This digital interface enables retail landlords to manage their operations with an elevated level of strategy and confidence, in turn bolstering the sector’s growth and resilience. This year, Globe St. Real Estate Forum’s Influencer series spotlighted prominent individuals, leadership teams and organizations at the forefront of retail as the sector has emerged as a bright spot in commercial real estate. The professionals featured on this list have demonstrated excellence in navigating the retail real estate market, pioneered innovations and best practices to enhance customer experiences and leasing processes, and accelerated the business through omni-channel strategies. About VTS VTS is the industry's only technology platform that unifies owners, operators, brokers, and their customers across the commercial and residential real estate ecosystems. In 2013, VTS revolutionized the commercial real estate industry’s leasing operations with what is now VTS Lease. Today, the VTS Platform is the largest first-party insights and collaboration engine in the industry, transforming how strategic decisions are made and executed by real estate professionals across the globe. With the VTS Platform, consisting of VTS Lease, VTS Market, VTS Activate, and VTS Data, every stakeholder in real estate is given real-time market information and workflow tools to do their job with unparalleled speed and intelligence. VTS is the global leader, with more than 60% of Class A office space in the U.S., and 13 billion square feet of office, residential, retail, and industrial space is managed through our platform worldwide. VTS is utilized by over 45,000 professionals and over 1.2 million total users, including industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Marino PR Sofia Chevez +1 646-912-5354 schevez@marinopr.com Company Website https://www.vts.com/

June 06, 2024 09:00 AM Eastern Daylight Time

On The Horizon: How One Company Plans To Use Its Innovative Aircraft Design To Revolutionize Regional Air Travel

Benzinga

By James Blacker, Benzinga Investment in Regional Air Mobility (RAM) is on the rise, driven by innovative flight technologies that promise to transform short-haul travel and improve connectivity between small cities and rural areas. As the demand for efficient, sustainable and flexible transportation increases, companies like New Horizon Aircraft (NASDAQ: HOVR) are positioning themselves to capitalize on a global market that could grow to $115 billion by 2035, with some 300 to 700 million passengers annually. Rising Demand For RAM In the United States, regional airports are underutilized, partly because most airlines use hub-and-spoke networks that require passengers to transit at larger hubs. Most Americans therefore choose to either drive to their final destination or fly from a larger airport, even if it is further away. The idea of RAM is to use smaller aircraft to connect regions that are underserved by traditional airline routes. It brings the convenience and speed of air travel to everyone, wherever they are located across the country. A NASA-funded study carried out by the Georgia Institute of Technology’s School of Aerospace Engineering predicts a resurgence in demand for regional flying. Based on door-to-door travel costs and travel-time savings, the researchers identified how many people taking journeys of more than 100 miles would choose to fly if they could do so from a nearby regional airport. Technological Advances In Aviation McKinsey & Company notes that innovations in propulsion, aircraft design, manufacturing, navigation and control are making small aircraft more viable. These technological advances promise to push down operational costs and reduce the environmental impact. In the future, we could even see fully autonomous aircraft, which would cut costs even further as labor accounts for around 20%-30% of small aircraft operating costs. According to McKinsey, more than 50 companies are developing battery-electric, hybrid, or hydrogen small aircraft. Players working on new aircraft designs include Airbus and Embraer (NYSE: ERJ). eVTOL For Regional Mobility? Another player looking to tap into the RAM market is New Horizon Aircraft (NASDAQ: HOVR), a developer of electric Vertical Take-Off and Landing (eVTOL) aircraft. While eVTOL aircraft are typically designed for very short flights within urban areas, Horizon’s Cavorite X7 uses a patented wing design that allows it to fly further and carry heavier loads, making it suitable for the regional air mobility market. New Horizon’s Cavorite X7 is a next generation hybrid-electric eVTOL aircraft that can move people and cargo across distances of between 50 and 500 miles at speeds of up to 250 mph. It is a seven-seater aircraft that can take off and land vertically, like a helicopter. However, once it reaches a safe altitude, the Cavorite X7 reconfigures and flies like a normal plane, allowing it to fly faster and further than a helicopter. With a hybrid electric power system, the Cavorite X7 can also recharge mid-flight. In addition to passenger travel for the RAM market, New Horizon envisages that the X7 will also be used in various sectors, including medical evacuation, natural disaster response, emergency surveillance and search and rescue. A Promising Horizon Recent investment in the RAM market represents the start of a seismic shift to more efficient and sustainable short-haul travel. New Horizon Aircraft is at the forefront of this transformation, offering an innovative product that addresses the growing demand for regional connectivity. For investors, this could present a compelling opportunity to be part of a market poised for substantial growth. Featured photo courtesy of New Horizon Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. 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

June 06, 2024 08:45 AM Eastern Daylight Time

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Legendary House of Bacha Coffee Establishes New Era of Coffee Appreciation

Bacha Coffee

Legendary brand Bacha Coffee enchants coffee drinkers with an exceptional collection of over 200 coffees from 35 of the most consistent and well renowned coffee producing countries around the globe. Renowned for elevating a daily commodity into an extraordinary experience, and revolutionizing the practice of coffee gifting, Bacha Coffee invites you to embark on a sensorial expedition with their selection of loose coffee beans sold by weight, coffee gift boxes, the innovative Coffee Bag collection, gift boxes, coffee accessories and more - all available through their online boutique, BachaCoffee.com. Bacha Coffee traces its origins back to 1910 and the Dar el Bacha, a palace hidden in the heart of the old city in Marrakech, Morocco. Nestled behind the millennia-old walls, a coffee room beckoned, shrouded in whispers of secrecy and graced by the likes of President Franklin D. Roosevelt, UK Prime Minister Winston Churchill, filmmaker Charlie Chaplin, entertainer Josephine Baker and other cultural and political names of the day. Uniting over glittering pots of “coffee of Arabica”, the Bacha Coffee room offered an escape and was a secret oasis known for its style and beauty, but above all, for its coffee. A Passion for Craftsmanship Today, driven by a fervent commitment to excellence and a deep reverence for the art of coffee making, Bacha Coffee is dedicated to preserving the timeless traditions of coffee craftsmanship while embracing innovation to meet the evolving tastes of modern coffee connoisseurs. Bacha Coffee offers a collection of more than 200 meticulously sourced Single-Origin, Fine Blended, Fine Flavoured, and naturally CO₂ Decaffeinated 100% Arabica coffees sourced from 35 countries around the world including Africa, the Arabian Peninsula, Central and South America, the Caribbean, Asia, and beyond. Bacha Coffee’s expertly trained Coffee Masters work with farmers to gather the best and freshest beans and then process them according to age-old traditional methods. Since each variety of coffee requires a different degree of roasting to bring out its unique taste profile, Bacha Coffee Masters hand-roast each harvest individually before gently air cooling them for the best taste and preservation. By sourcing coffee beans from diverse origins, Bacha Coffee celebrates the unique terroir and flavour characteristics of each region, offering customers an authentic taste that makes it a true haven for coffee lovers. Spoilt for Choice Discover the luxury of choice and 100% Arabica in every cup. The coffees available on BachaCoffee.com mirror the extensive list offered in their original boutique in Marrakech and around the world, and invite coffee lovers to venture beyond the familiar to try harvests from unique farms and provenance. Bacha Coffee’s retail selection includes loose beans as well as beautifully packaged coffees and single serve coffee bags. Loose beans can be purchased by weight and ground to the specifications of each customer, from 7 different grind sizes. Consider the sought-after single origin Yirgacheffe Heirloom Coffee, a rare Ethiopian harvest that takes centre stage in the history of coffee. Grown at altitudes of over 6,500 feet above sea level, this unique varietal feature delicate notes of cane sugar, lemongrass, and bergamot. Combining two of the finest coffees in the world, Happy Arabia Coffee is a fine blended coffee that features a delicate acidity and rich flavours of red fruits, chocolate, and caramel. Fans of fine flavoured coffees may indulge in the 1910 Coffee, with aromas of freshly picked wild strawberries and jugs of cream perfect for a balmy summer’s day. Back to “Slow” Coffee What if we finally took the time to enjoy our coffee? Bacha Coffee allows you to indulge your senses by making the perfect, “slow” coffee at home or on the go, without the fuss. Explore over 30 Single Origin and Fine Flavoured coffees in the brand’s exclusive Coffee Bag Collection – individually wrapped, air tight, single-serve pour over coffee bags containing 12g of 100% Arabica each, expertly dosed to ensure a perfectly prepared brew so you only need 3 minutes, a coffee mug and hot water at hand to achieve the perfect pour over. The Explorer Taster box allows you to begin your journey, with a selection of single origin and fine flavoured coffee favourites. A Bespoke Gift Bacha Coffee’s series of elegant accessories and gourmet delights will elevate any coffee brewing, hosting, or drinking ritual. The exclusive, special edition Bacha Coffee x Alessi La Conica Espresso Coffee Pot pays homage to the heritage of Bacha Coffee and the tradition of Italian design and adds a touch of elegance to any table. Bacha Coffee’s selection of gourmet treats, such as Chocolate Covered Coffee Beans, will delight on any occasion. To share the love of coffee, explore artfully curated gift boxes or design your own bespoke hamper according to five sizes and assortments. Each gift includes complimentary gift wrap and a personalised note on Bacha Coffee’s signature gift card and envelope. A World of Discovery The Bacha Coffee online boutique ships internationally to over 40 countries and Bacha Coffees are distributed in luxury hotels, restaurants, and airlines worldwide. Bacha Coffee currently has 22 boutiques across ten countries and regions in Europe, Asia, North Africa, and the Middle East. Discover the world of Bacha Coffee and full range of products via BachaCoffee.com/US. A full press kit with visuals may be accessed here. All credits for images belong to Bacha Coffee. No royalties payable if Bacha Coffee is stated as the source. Additional images are available on request. About Bacha Coffee: Bacha Coffee was founded in Marrakech, Morocco in 1910 in the spectacular Dar el Bacha palace, where the greatest cultural and political minds of the century gathered over glittering pots of freshly brewed Arabica coffee. The original Marrakech location reopened in 2019 and launched its first international outpost in Singapore in the same year. With unique and exclusive Coffee Rooms & Boutiques, Coffee Bars, Travel Retail, and Takeaway concepts, Bacha Coffee has since expanded exponentially across Asia, the Middle East and Europe. Today, Bacha Coffee serves customers in over 40 countries, including online at BachaCoffee.com. Renowned for its legendary 100% Arabica coffees, gifts and coffee accessories, the Bacha Coffee concept also incorporates international distribution and wholesale to professionals. Bacha Coffee is a V3 Gourmet brand. Contact Details Rell Marketing & Communications Linsey Tilbor Rubin ltilbor@rellmc.com Pape PR Kathy Pape kathy@papepr.com Company Website https://bachacoffee.com/us/en/

June 06, 2024 08:33 AM Eastern Daylight Time

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