Sundar Narayanan to Serve as NewHydrogen Director of Process Engineering
GlobeNewswire· 2025-05-20 07:30
Core Insights - NewHydrogen, Inc. has appointed Sundar Narayanan as Director of Process Engineering to lead the development and scaling of its ThermoLoop technology, which aims to produce the world's cheapest green hydrogen [1][4] - Narayanan brings over 35 years of experience in process development and commercialization, having held leadership roles at major institutions like ExxonMobil and Aspen Technology [2][3] - The company's ThermoLoop technology utilizes water and heat instead of renewable electricity, significantly reducing the cost of green hydrogen production [5][6] Company Overview - NewHydrogen is focused on developing ThermoLoop, a technology that aims to produce green hydrogen at a lower cost by using heat from various sources instead of relying on expensive green electricity [5][6] - The current method of producing green hydrogen through electrolysis accounts for 73% of its cost due to the high expense of green electricity, which NewHydrogen seeks to bypass [6] Market Potential - The green hydrogen economy is projected to have a future market value of $12 trillion, as estimated by Goldman Sachs, highlighting the significant growth potential in this sector [6]
Extension of the Convertible Loan Note Offer by ASC Energy PLC
GlobeNewswire· 2025-05-20 07:25
Group 1 - The Company announces an extension to the Right of First Refusal (RoFR) process for the proposed issuance of new ASC Energy PLC Convertible Loan Notes [1] - The Convertible Loan Notes are set to mature in 2056 [1] - The announcement is related to the Euronext-listed ultimate parent of ASC Energy PLC [1]
SINOMA International Hosts 3rd SINOMA Cement Green & Intelligent Summit, Charting Course for Sustainable Industry
GlobeNewswire· 2025-05-20 07:20
Core Viewpoint - The 3rd SINOMA Cement Green & Intelligent Summit emphasized the importance of green and low-carbon development in the cement industry, showcasing SINOMA's commitment to innovation and collaboration for sustainable growth [1][3][9]. Group 1: Event Overview - The summit took place in Hefei on May 16, 2025, attracting over 580 industry leaders and experts from 49 countries [1]. - The event facilitated discussions on digital design, intelligent management, and industrial transformation, aiming to advance global cement industry innovation [3]. Group 2: Keynote Highlights - Zhou Yuxian, Chairman of China National Building Material Group (CNBM), delivered a keynote speech focusing on innovation and sustainability in the materials industry, highlighting CNBM's advancements in high-performance materials and smart technologies [4]. - Zhou proposed new collaboration models, including strategic partnerships and joint R&D, to enhance global market opportunities [4]. Group 3: International Perspectives - Khamis Mussa Omar, Tanzanian Ambassador to China, noted that CNBM's vision aligns with Tanzania's sustainable industrial development goals, praising SINOMA's contributions to modern cement plants in Tanzania [5]. - Iven Zyuulu, Zambian Ambassador to China, emphasized the importance of green development and clean technologies for the cement industry's sustainable growth, acknowledging SINOMA's role in Zambia's industrial upgrading since 2006 [6][7]. Group 4: SINOMA's Commitment - SINOMA reaffirmed its dedication to green, intelligent, and sustainable development, aiming to collaborate with global partners to create a low-carbon ecosystem [8][9]. - The conference highlighted four major sci-tech innovation achievements of SINOMA for 2025, reinforcing its commitment to advancing global sustainability [8].
Rocket Doctor Partners with Melanoma Canada to Expand Access to Follow-Up Care for At-Risk Patients
GlobeNewswire· 2025-05-20 07:00
Core Insights - Rocket Doctor has partnered with Melanoma Canada to enhance follow-up care for patients identified as at-risk during mobile skin cancer screenings across Canada [1][4][5] - Skin cancer is the most prevalent cancer in Canada, with 1 in 3 cancer diagnoses being skin-related, highlighting the urgent need for timely follow-up care [2][7][8] Company Overview - Rocket Doctor is a technology-driven digital health platform that enables physicians to manage virtual or hybrid practices, focusing on underserved communities [10] - The partnership with Melanoma Canada aims to streamline the referral process for patients without family doctors, ensuring they receive timely access to care [1][5][6] Industry Context - The Mole Mobile campaign provides free skin cancer screenings in various communities, addressing the high incidence of skin cancer in Canada [2][5] - The initiative is expected to increase patient traffic on Rocket Doctor's platform, reinforcing its mission to improve equitable access to healthcare [3][8]
Municipality Finance issues a USD 100 million tap under its MTN programme
GlobeNewswire· 2025-05-20 07:00
Group 1 - Municipality Finance Plc issued a new tranche of USD 100 million under its MTN programme, increasing the total benchmark amount to USD 500 million, maturing on 2 February 2029, with a floating interest rate of Compounded SOFR plus 100 bps per annum [1][2] - The new tranche is part of MuniFin's EUR 50 billion debt issuance programme, with relevant documents available on the company's website [2] - The benchmark has been applied for trading on the Helsinki Stock Exchange, with public trading expected to start on 21 May 2025 [3] Group 2 - MuniFin serves various customers including municipalities, joint municipal authorities, and social housing projects, focusing on environmentally and socially responsible investments [4] - The company operates in a global business environment and is recognized as the first Finnish issuer of green and social bonds, with funding guaranteed by the Municipal Guarantee Board [5]
Nokia trials 5G technology during Joint Viking military exercise in Norway
GlobeNewswire· 2025-05-20 07:00
Core Insights - Nokia successfully tested its 5G technology during the Joint Viking 2025 military exercise in Norway, enhancing defense applications and situational awareness for multinational military personnel [1][2][6] Group 1: 5G Technology Implementation - Nokia's solutions included 5G AirScale radio products and 5G Standalone Core technology, specifically designed for defense applications to improve tactical communication among participating nations [2][5] - The 5G communications platform provided military personnel with real-time battlefield intelligence, facilitating faster decision-making and improved operational efficiency [2][6] Group 2: Joint Viking 2025 Exercise - Joint Viking 2025 involved over 10,000 soldiers from multiple countries, including Belgium, Canada, Finland, France, Germany, the US, the UK, The Netherlands, and Norway, aimed at enhancing military cooperation and testing Norway's ability to receive allied reinforcements [3] - The exercise took place in Bardufoss, Norway, above the Arctic Circle, and occurs every two years [3] Group 3: Strategic Collaborations - The Norwegian Material Defense Agency collaborates with mobile operators to enhance tactical communication solutions, with a recent strategic agreement between Lyse and Nokia to leverage their expertise in critical communications [4] - Nokia's 5G technology is positioned as a key enabler for the Norwegian Armed Forces, enhancing readiness for complex joint operations in challenging environments [5][6]
AB INVL Baltic Farmland unaudited Interim information for 3 months of 2025
GlobeNewswire· 2025-05-20 06:30
Core Insights - INVL Baltic Farmland reported a consolidated net profit of EUR 124,000 and revenue of EUR 213,000 for the first quarter of 2025, reflecting a 9.7% increase in net profit and a 6.5% increase in revenue compared to the same period in 2024 [1][2] Financial Performance - The company's equity at the end of March 2025 was EUR 19.867 million, translating to EUR 6.15 per share, which is a 10% increase year-over-year [4] - For the year 2025, the company forecasts a net profit of EUR 460,000 and consolidated revenue of EUR 890,000, assuming no changes in land value or new agreements [5] - In 2024, INVL Baltic Farmland achieved a net profit of EUR 1.836 million and consolidated revenue of EUR 835,000, with dividends paid to shareholders amounting to EUR 387,000, or EUR 0.12 per share [6] Industry Context - The first quarter of 2025 faced challenges in agriculture, including delayed germination, moisture imbalance, and market uncertainty, impacting planning and farmers' decisions [3] - Despite these challenges, the company emphasizes the importance of sustainable solutions and maintaining a transparent partnership with land users [3]
Nine in ten public sector organizations to focus on agentic AI in the next 2-3 years, but data readiness is still a challenge
GlobeNewswire· 2025-05-20 06:30
Core Insights - The Capgemini Research Institute report indicates that two-thirds of public sector organizations are currently exploring or using generative AI initiatives to enhance public services, with 90% planning to adopt agentic AI within the next 2-3 years [2][3] - Despite the enthusiasm for AI, public sector organizations face significant challenges related to data readiness, trust, compliance, and data management, which hinder their ability to fully leverage AI technologies [2][5][6] AI Adoption and Expectations - Public sector organizations have high expectations for AI, with 39% planning to evaluate agentic AI feasibility, 45% intending to explore pilot programs, and 6% aiming to scale existing initiatives within the next 2-3 years [3] - The report highlights that 64% of organizations have progressed to pilot or scaled deployments, with higher adoption rates in defense (82%), healthcare (75%), and security (70%) sectors [3] Data Readiness Challenges - A significant barrier to AI adoption is data security concerns (79%) and limited trust in AI outputs (74%), with only 36% of organizations in the EU prepared to comply with the EU AI Act [5] - Only 12% of public sector organizations consider themselves very mature in activating data, and just 21% have the necessary data to train and fine-tune AI models [6][8] Data Sharing and Governance - Data sharing is essential for AI adoption, yet 65% of organizations are still in the planning or pilot stages of data sharing initiatives, complicating the deployment of AI [7] - The rise of Chief Data Officers (CDOs) and Chief AI Officers (CAIOs) reflects the growing importance of data governance, with 64% of organizations having a CDO and 27% appointing a CAIO [9] Research Methodology - The report is based on a survey conducted by the Capgemini Research Institute involving 350 public sector organizations across various segments and levels of government, providing a comprehensive view of AI adoption in the public sector [10]
EXACT Therapeutics announces positive final results in Phase 1 ACTIVATE trial in liver metastases from colorectal cancer
GlobeNewswire· 2025-05-20 06:30
Core Insights - EXACT Therapeutics announced positive final data from its Phase 1 ACTIVATE trial, demonstrating the efficacy of its Acoustic Cluster Therapy (ACT) combined with chemotherapy for patients with liver metastases of colorectal origin [1][3][8] - The results support the initiation of the ENACT Phase 2 study in pancreatic cancer, addressing a significant unmet medical need [1][8] Group 1: Trial Results - The ACTIVATE trial showed that tumor shrinkage was significantly greater with ACT and chemotherapy compared to chemotherapy alone, with a reduction of -29% versus -7% among responding patients (p<0.05) [3][8] - A clear dose-response relationship was observed with the proprietary agent PS101, where 3 out of 4 patients receiving 40 µl/kg PS101 showed tumor shrinkage of more than 30% in diameter [4][8] - The trial enrolled 11 patients, with 9 being evaluable, and was conducted at sites in the United Kingdom [9] Group 2: Safety and Efficacy - PS101 was found to be safe and well-tolerated when administered with chemotherapy, mirroring the excellent safety profile seen in interim results [4][8] - The trial's design allowed each patient to serve as their own control, enhancing the reliability of the anti-tumor activity assessment [7] Group 3: Future Plans - The company plans to present detailed data from the ACTIVATE trial at a future scientific publication and medical conference [5] - The CEO expressed excitement about the upcoming ENACT trial, which will focus on locally advanced pancreatic cancer [2][8] Group 4: Technology Overview - Acoustic Cluster Therapy (ACT) involves the intravenous administration of PS101, which is insonated over target tissue using ultrasound to enhance drug delivery [10][11] - The technology utilizes microclusters of perfluorobutane microbubbles and perfluoromethylcyclopentane microdroplets to improve the efficacy of concurrent chemotherapy [10][11]
Temenos launches Gen AI Copilot for banks to deliver better products faster
GlobeNewswire· 2025-05-20 06:30
Core Insights - Temenos launched the Product Manager Copilot at the Temenos Community Forum '25, aimed at enhancing banks' ability to innovate and optimize financial products using Generative AI [1][7] - The Product Manager Copilot integrates Microsoft Azure OpenAI Service, providing a conversational interface for product, IT, and customer service managers to utilize Temenos' core banking functionalities [2][5] Product Features - The Copilot is part of Temenos' advanced and enterprise product offerings, designed to help banks design, launch, and test retail products more efficiently [3][4] - It allows product managers to interact through familiar platforms like Microsoft Teams, facilitating quick access to business insights without complex queries [4][5] Market Context - A study indicated that 75% of banks are exploring Generative AI, with 36% already deploying it, highlighting a significant trend towards AI adoption in the banking sector [6] - The integration of Generative AI is seen as transformative for the banking industry, emphasizing the need for traditional banks to innovate rapidly to remain competitive against fintechs and neobanks [6][7] Collaboration and Future Availability - Temenos developed the Copilot in collaboration with clients like Banque Internationale à Luxembourg, ensuring a customer-focused approach to innovation [7][8] - General availability of the Product Manager Copilot is expected in Q4 2025, with financial institutions able to register for early access [8]