All Industries

Aclara Resources CEO Ramon Barua Announces Strategic Alliance for Sustainable Permanent Magnets

Aclara Resources Inc

Aclara Resources Chief Executive Officer Ramon Barua joined Steve Darling from Proactive to share significant news about the company’s strategic initiatives. Aclara Resources has signed a Memorandum of Understanding (MOU) with VACUUMSCHMELZE GmbH & Co (VAC). This MOU establishes a non-binding, non-exclusive, preliminary agreement for the two companies to jointly approach potential clients with a comprehensive "mine-to-magnets" solution for ESG-compliant permanent magnets. During the interview, Barua emphasized that Aclara and VAC see a significant market opportunity driven by the rising demand for electric vehicles (EVs), wind turbines, and other clean technologies. These sectors require rare earth permanent magnets, which must meet increasingly stringent ESG standards. Permanent magnets are essential components in these technologies, requiring significant quantities of both light and heavy rare earth minerals. Currently, the market for these rare earth minerals and the industrial capacity to process them into permanent magnets is limited, with supply concentrated among a few Asia-based suppliers. This supply and demand dynamic presents a promising opportunity to develop a new, resilient, and ESG-focused supply chain for permanent magnets. The strategic alliance between VAC and Aclara is particularly noteworthy due to Aclara's position as one of the few potential suppliers of Dysprosium and Terbium. These two highly sought-after heavy rare earth minerals are critical for the production of permanent magnets and are not easily available outside of Asia. Aclara is actively developing two ionic clay projects in Chile and Brazil, which are focused on producing high-purity heavy rare earth carbonate. Additionally, the company is advancing its processing technology through its US-based subsidiary. This technology will enable Aclara to process the carbonate into magnetic alloys, which are the essential inputs required by VAC to produce permanent magnets. Barua expressed optimism about this strategic alliance, highlighting its potential to create a robust and sustainable supply chain for rare earth permanent magnets. This collaboration aligns with Aclara’s commitment to sustainability and innovation, positioning the company to meet the growing global demand for environmentally responsible and high-performance permanent magnets. With this partnership, Aclara Resources and VAC aim to contribute significantly to the advancement of clean technologies and the broader goal of reducing the carbon footprint of essential industries. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

July 17, 2024 10:44 AM Eastern Daylight Time

Video

News Release

Ascend Wellness CEO Outlines Company's Growth Strategy and Market Expansion Plans

Ascend Wellness Holdings

Ascend Wellness CEO John Hartman joined Steve Darling from Proactive to discuss the company’s current status and future plans. Ascend Wellness, a prominent multi-state cannabis operator in the United States, has established its presence primarily in the Midwest, Northeast, and Mid-Atlantic regions. The company, now in its fifth year of operation, has expanded its footprint to seven states, including Ohio and Pennsylvania, both of which are transitioning to recreational cannabis use. During the interview, Hartman emphasized Ascend Wellness's strategic approach of focusing on select markets and maximizing the number of dispensaries allowed in each state. This targeted strategy is aimed at optimizing market penetration and ensuring robust growth. Drawing on his extensive background in wholesale, retail, and manufacturing, Hartman highlighted the company's emphasis on effective capital deployment and growth through mergers and acquisitions (M&A). A significant development discussed was the refinancing of a term loan due in August 2025. This financial maneuver provides Ascend Wellness with a five-year runway to concentrate on growth initiatives. The refinancing is expected to enhance the company's balance sheet management, providing greater financial stability and flexibility. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

July 17, 2024 10:42 AM Eastern Daylight Time

Video

Ocean Power Technologies CEO Philipp Stratmann Announces Contract for AI-Enhanced PowerBuoy

Ocean Power Technologies Inc

Ocean Power Technologies (OPT), a leader in innovative ocean energy solutions, has secured a significant new contract for the immediate delivery of a PowerBuoy equipped with Merrows, its cutting-edge Artificial Intelligence capable Maritime Domain Awareness Solution. CEO Philipp Stratmann shared this exciting news with Steve Darling from Proactive, highlighting that this contract, focused on deployment in the Middle East, is set to generate revenues within the current quarter. In his discussion with Steve Darling from Proactive, Stratmann emphasized that this achievement builds on the company’s previous announcement of its selection as a preferred supplier for its Merrows-equipped buoys in the region. This new revenue-generating contract underscores OPT’s continued business growth across all its product lines, including WAM-Vs (Wave Adaptive Modular Vessels) and PowerBuoys. Stratmann elaborated on the strategic importance of this shipment, which features a solar and wind-powered system. He noted that it demonstrates OPT’s capability to provide robust and versatile solutions capable of servicing a wide range of marine environments globally. The deployment of this AI-enhanced PowerBuoy not only strengthens OPT's presence in the Middle East but also exemplifies its commitment to delivering advanced maritime technology solutions worldwide. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

July 17, 2024 10:37 AM Eastern Daylight Time

Video

Nextech3D.ai Certified as Amazon's 3D Model External Content Provider, Poised for Major Growth

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce that the company has achieved certification as a Certified 3D Model External Content Provider for Amazon. This prestigious designation highlights Nextech3D.AI's outstanding technical expertise and leadership in the 3D platforms sector. Amazon listings featuring 3D models have demonstrated an average twofold improvement in purchase conversions, presenting a high return on investment (ROI) that motivates more sellers to adopt 3D models. As an officially recognized 3D Model External Content Provider for Amazon, Nextech3D.ai is strategically positioned to capitalize on this substantial growth opportunity. Over the past five years, Nextech3D.ai has successfully delivered nearly 100,000 3D models and millions of augmented reality (AR) experiences to hundreds of clients. Nextech3D.ai's patented technology for generating 3D models from 2D and CAD images enables the company to scale the creation of 3D models efficiently. This capability now allows Amazon sellers to publish their 3D models directly to Amazon's stores through a unified platform and team. As an Amazon 3D Model External Content Provider, Nextech3D.ai is offering its advanced 3D modeling solutions to Amazon's vast marketplace, supporting sellers in enhancing their product listings with immersive 3D models. Gappelberg emphasized that this certification not only validates Nextech3D.ai's technical prowess but also opens new avenues for growth and innovation. The company's ability to streamline the 3D model creation process for Amazon sellers is expected to significantly boost their product visibility and sales on the platform. Nextech3D.ai's commitment to leveraging cutting-edge technology to provide top-tier 3D modeling solutions underscores its leadership in the industry and its dedication to driving tangible results for its clients. With this new certification, Nextech3D.ai is well-positioned to expand its reach and impact in the e-commerce space, offering innovative solutions that enhance the shopping experience for consumers and drive business growth for sellers. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 17, 2024 10:35 AM Eastern Daylight Time

Video

Leaders in Real Estate Advocate for Cooperative Approaches to Address Housing Crisis

K3 Holdings

K3 Holdings, a privately held real estate investment firm with extensive holdings throughout the United States is advocating for collaboration as stakeholders consider housing policies to combat homelessness. In a recent article published by The Mortgage Note and a blog post at the K3 Holdings and Alpine LA Properties websites, leaders stressed the need for cooperative approaches to policies that can address housing options, especially for disadvantaged populations. “At K3 Holdings and Alpine LA Properties, we experience firsthand the complex challenges faced by both landlords and tenants in the quest for safe and adequate housing. The ongoing economic turbulence, driven by higher interest rates and inflation, underscores the urgency for cohesive, sensible housing policies. As political leaders seek effective solutions, expanding the perspectives at the table is essential,” stated Nathan Kadisha, a K3 Principal. “Safe and adequate housing is a cornerstone for community stability and prosperity—it is a moral imperative. When families struggle to find stable homes, the repercussions ripple through society, leading to increased homelessness and pressure on social services. This issue affects every facet of our communities, highlighting the critical need for effective policy solutions.” According to Kadisha, effective housing policy should create mutually beneficial outcomes for both landlords and tenants. Unfortunately, policy debates often frame these groups as adversaries, competing for limited resources. This adversarial mindset overlooks the shared goals and common interests that can unite landlords and tenants. While often considered unlikely allies, landlords have a vested interest in advocating for policies that support tenants and promote vibrant, inclusive communities. Advocacy from property companies can help ensure the financial health of investments and fosters environments where tenants can thrive. “As stakeholders continue to seek solutions, policymakers should work collaboratively to address the root causes of housing insecurity while protecting property owners' interests. This approach can solve critical issues facing all parties. Unlike so many political battles, when it comes to affordable housing policies, one group does not have to lose for another to win,” Kadisha continued. One key area for sensible policy action is rent stabilization. Thoughtfully implemented rent stabilization can provide tenants with the stability they need while allowing landlords to earn a fair return. By capping annual rent increases at a rate tied to inflation, we can ensure rental housing remains affordable without imposing undue burdens on property owners. Ensuring fair treatment for tenants and landlords alike helps build stronger, more resilient communities. “As property managers, we bring a unique perspective to the table, balancing tenant needs with our business interests. Lopsided policies can harm the broader community, making it imperative for us to advocate for balanced, unifying housing policies. By working together, we can bridge the gap between stakeholders and pave the way for a more equitable, sustainable housing market.” Addressing the current housing crisis demands bold, visionary leadership from policymakers. By prioritizing policies that promote stability, fairness, and inclusivity, stronger communities where everyone has access to safe, stable, and affordable housing can be built. Property managers are ready to collaborate with policymakers, tenants, and other stakeholders to realize this vision. ### For more information or to schedule an interview with a K3 spokesperson, please contact Dan Rene at 202-329-8357 or dan@danrene.com Contact Details K3 Holdings Dan Rene +1 202-329-8357 dan@danrene.com

July 17, 2024 10:00 AM Eastern Daylight Time

‘Puerto Rico’s Day at The Ballpark’ – Texas Rangers – Globe Life Field – Friday, July 19th, 2024

21 Events, Inc.

PRCDA (Puerto Rico Convention District Authority) is proud to sponsor the Puerto Rico’s Day at the Ballpark, at Globe Life Field on July 19th, 2024, Honoring, prior to the game, Puerto Rican Born, Former Texas Ranger pitcher Jose Guzman, and Texas Rangers Spanish Broadcaster since 2004. Puerto Rico’s Day at the Ballpark, pays tribute to Puerto Rico’s rich history in baseball, dating back 125 years to 1898 and as a reference of many notable Puerto Rican baseball players over the years. Puerto Rico’s Day the BallPark, also to be hosted in Tampa, on August 16th, and Minnesota, on September 15th in 2024. In 2022, 21 Events partnered with the PRCDA to honor one of the most memorable Puerto Rican Baseball players in history, Roberto Clemente, for his sportsmanship and humanitarianism. During the 2023 season, Puerto Rico’s Day at the Ballpark, was hosted by the Texas Rangers, New York Mets, Boston Red Sox, Detroit Tigers, Minnesota Twins, Pittsburgh Pirates and the Atlanta Braves. The players honored included Ivan “Pudge” Rodriguez, Edwin Diaz, Joey Cora, Francisco Lindor, Alex Cora, Javier “Javy” Baez, Juan Nieves, Alex Lange, Riley Greene, Joe Jiménez, Eddie Rosario, Joshua Palacio and Carlos Correa. “Puerto Rico loves baseball for many reasons. We are proud that so many excellent players call us home. This sport is part of our tradition, of who we are, of our history. It is impossible to speak about our Island without mentioning Ivan Rodriguez, Bernie Willian, Jorge Posada and Ed Figueroa and so many others,” said Mariela Vallines, Executive Director of the PRCDA. “It’s a great honor recognizing the rich history of baseball in Puerto Rico and the positive contributions Puerto Rican Players have had in Major League Baseball”, stated Ralph Paniagua, Publisher of LatinoBaseball.com, Digital Platform and Portal that documents and digitally disseminates historical data of Latin baseball. About PRCDA Puerto Rico Convention District Authority (PRCDA) is a public corporation created under Law Number 351 of September 2nd of 2000, as amended. Its mission is to develop and operate the Convention District, positioning Puerto Rico as a world-class business, tourism, and entertainment destination. PRCDA’s objectives include efficiently managing prominent venues, revitalizing urban areas, promoting job creation and business opportunities, and acting as a facilitator in partnership with the private sector. About 21 Events 21 Events, a fully integrated Latino marketing firm with 20 years of experience in producing marketing solutions and events in Sports and Entertainment that drive measurable results for our fortune 500 clients seeking true engagement with Latino consumers. Contact Details Kenn Alexander kenn@talentedartpro.com

July 17, 2024 09:13 AM Eastern Daylight Time

Image

Leading National Massage Destination Squeeze Welcomes Melinda Davenport as Strategic Advisor

Squeeze

Squeeze, the leading and fast-growing massage destination founded by the creators of Drybar, today announced the appointment of Melinda Davenport, a Communications Executive with extensive experience with top Fortune 500 companies, as the newest tactical addition to Squeeze’s Advisory Board. Davenport will serve as the brand’s strategic advisor, bringing her extensive expertise and experience to further shepherd the brand’s upwards trajectory during an integral growth period for Squeeze as they continue to aggressively franchise and expand the brand’s presence across the U.S. In her role, Davenport will provide strategic counsel to the Board, in addition to Squeeze’s co-founder and CEO Brittany Driscoll. Davenport’s responsibilities will include spearheading investor strategy, assisting with innovation efforts, while opening new networking opportunities for the brand. Additionally, Davenport will offer corporate mentorship to Squeeze’s executive team, and foster deeper industry relations on behalf of the brand, ensuring Squeeze has the foundation to sustain its momentum as a leading innovator amongst competitors. “We are so excited to officially welcome Melinda to our team,” said Brittany Driscoll, Co-Founder & CEO of Squeeze. “Her proven track record and visionary approach will be an incredible asset in helping guide our brand growth and innovation strategies. We look forward to leveraging her insights and experience to further elevate Squeeze as a global namesake brand.” Davenport’s extensive background will be an invaluable asset to Squeeze as it continues to expand its national footprint and enhance its offerings. Her addition to the team underscores Squeeze’s commitment to providing exceptional service while driving forward-thinking initiatives to continue disrupting the antiquated massage industry. “I am thrilled to join the Squeeze team as a strategic advisor to the Board,” said Melinda Davenport. “Squeeze’s dedication to innovation and excellence is truly inspiring, and I am looking forward to working closely with Brittany to help build Squeeze into a household name.” Since its inception in 2017, Squeeze has rapidly become a beloved destination for consumers seeking high-quality yet accessible massages through its seamless, tech-forward booking experience, exceptional quality service, and commitment to creating the ultimate “feel good” environment. As the brand continues to rapidly expand, Squeeze will continue to set new standards and acquire competitive market share as they look to double their national footprint by the end of 2024, with the goal of developing 500 locations in the next 5-7 years. For more information, please visit www.squeezemassage.com or follow @squeeze on Instagram. About Squeeze From the founders of Drybar, meet Squeeze, a way better massage experience. After recognizing the gap in the massage industry, Alli Webb and Michael Landau dreamt up the concept for Squeeze. In 2017, Brittany Driscoll, who was vice president of marketing at Drybar at the time, was tapped to turn Squeeze into a reality. She stepped into the role of Co-Founder & CEO, spearheading the launch of the brand and the opening of its flagship location in Los Angeles. Squeeze’s revolutionary app-based booking platform allows guests to book, pay, tip, set personalized preferences, rate and review all at the touch of a button so guests can walk in and figuratively float out. Massages are tailored to guests’ preferences including pressure, aromatherapy, music and lighting with no additional fees. The company has established its headquarters in Nashville, TN and is now franchising nationwide with 15 open locations and over 85 new locations in development. About Melinda Davenport Melinda Davenport is a seasoned strategic communications executive and advisor celebrated for her global impact and award-winning leadership. With a track record spanning Fortune 500 companies, academic institutions, and board appointments, Melinda brings a unique blend of brand reputation expertise and reputational insight. Contact Details Powers PR Alex Wollman alex@powers-pr.com Company Website https://www.squeezemassage.com/

July 17, 2024 09:03 AM Eastern Daylight Time

Image

Direxion Unveils LMBO and REKT: Bold Trades For, and Against, the Crypto Industry

Direxion

Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Crypto Industry Bull 2X Shares (Ticker: LMBO ) and the Direxion Daily Crypto Industry Bear 1X Shares (Ticker: REKT ). LMBO and REKT seek daily investments results, before fees and expenses, of 200%, or 100% of the inverse (opposite), respectively, of the performance of the Solactive Distributed Ledger & Decentralized Payment Tech Index. The Index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology, which includes the following business fields: blockchain technology, non-fungible tokens, decentralized finance, and digital asset mining hardware. “Crypto equities are among the fastest-growing companies in the world, now representing an almost $3 trillion asset class,” said Direxion Managing Director, Edward Egilinsky. “LMBO and REKT provide focused exposure for traders to express their short-term conviction on companies building the future of a crypto-driven, decentralized economy.” The global markets landscape is rapidly evolving, presenting new challenges and opportunities. As the crypto industry continues to show promising growth, Direxion is committed to providing traders with timely vehicles to align with the shifting dynamics of the financial markets. All Direxion Daily Leveraged and Inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you. About Direxion: Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion’s reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.9 billion in assets under management as of June 30, 2024. For more information, please visit www.direxion.com. There is no guarantee that the Funds will achieve their investment objectives. For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214. Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments. An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Fund’s prospectus and summary prospectus should be read carefully before investing. Direxion Shares Risks - An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with the Funds’ concentrating their investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of each Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk, Passive Investment and Index Performance Risk, and risks specific to the crypto industry and financial and information technology sectors. Additional risks include, for the Direxion Daily Crypto Industry Bull 2X Shares, Daily Index Correlation Risk and for the Direxion Daily Crypto Industry Bear 1X Shares, Shorting or Inverse Risk and Daily Inverse Index Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of each Fund. Distributor: Foreside Fund Services, LLC. Contact Details Ditto Public Relations Danielle Black, SAE direxion@dittopr.co Company Website https://www.direxion.com/

July 17, 2024 09:00 AM Eastern Daylight Time

From Stage To Stage: How New Horizon Aircraft's eVTOLs Could Simplify Tour Logistics For Taylor Swift Sustainably

Benzinga

By James Blacker, Benzinga The world is on the precipice of a potential revolution in air mobility that could transform transportation and logistics in ways previously unimaginable. Electric vertical takeoff and landing (eVTOL) aircraft, such as those being developed by New Horizon Aircraft (NASDAQ: HOVR), are at the forefront of this revolution. With the promise of efficient, sustainable and rapid transit, eVTOL technology could make a massive impact on many industries, and this disruptive tech also has the potential to completely reshape tour logistics for popular artists like Taylor Swift. The Complex Logistics Of Major Music Tours Taylor Swift's tours are nothing short of spectacular. From sound and lighting equipment to intricate stage sets, pyrotechnics and elaborate costumes, her concerts require some serious planning and coordination. With an incredible 152 tour dates across five continents on her current Eras Tour, the logistics behind moving her team from city to city are mind-boggling. Normally, all this equipment would be transported via trucks, buses or even planes, all working together to make sure that everything arrives at the right place at the right time and in perfect condition. The problem with traditional logistics, however, is that no amount of meticulous planning can prevent unforeseen circumstances such as traffic congestion, road closures and bad weather conditions, all of which could be the undoing of a tight tour schedule. Delays can lead to significant financial losses for the artist and hordes of disappointed fans. Moreover, in today’s environmentally conscious world, the carbon footprint of such extensive travel is a major concern, highlighting the need for a more sustainable solution. Enter eVTOL Aircraft An innovative solution for tour logistics could be provided by eVTOL aircraft, a new technology being made possible thanks to rapid advancements in battery technology. These futuristic planes are designed to take off and land vertically, much like helicopters, which enables them to operate in congested urban areas with limited space for runways. Unlike helicopters, however, they have the added benefit of electric propulsion, making them quieter, more efficient and environmentally friendly. The list of use cases for eVTOL planes is extensive, from passenger transport to cargo delivery and medical transport. Their ability to bypass traffic congestion and cover large distances quickly makes them the perfect solution to the challenges presented by overcrowded modern cities. The unique design of eVTOLs means that they can operate easily in urban areas. An artist could land very close to the concert venue, completely eliminating the need to travel by road. Furthermore, they provide a safer and more secure mode of transport, with advanced navigation systems and reduced exposure to security threats on the ground. With the growing demand for sustainable practices across many industries, including entertainment, eVTOLs also provide an eco-friendly alternative to traditional transportation. By using electric propulsion, they produce zero emissions and significantly reduce the carbon footprint associated with touring. New Horizon Aircraft: Changing The Future Of Urban Air Mobility Among the companies developing eVTOL aircraft, New Horizon Aircraft (NASDAQ: HOVR) stands out with its unique product, the Cavorite X7. The seven-seat X7 uses a unique and patented wing design that allows it to take off and land vertically, but once in flight at a safe altitude, the wings reconfigure to become more like a traditional aircraft. The X7 can also land on a regular runway or deploy its fans to touchdown on a helipad or similar area. This unique design, coupled with its hybrid electric propulsion system, gives it several advantages over its competitors, with a maximum range of 500 miles, a maximum useful load of 1,500lb and a top speed of 250 mph as reported by New Horizon Aircraft. The company already has a 50%-scale prototype that has successfully demonstrated hover and forward flight and hopes to complete a successful transition flight soon. The Future Of Tour Logistics As urban air mobility continues to evolve with new technology, it is becoming increasingly clear that eVTOLs are not just a futuristic concept; they are a practical solution to the challenges of urban transportation. For artists like Taylor Swift, adopting this new technology for logistics purposes could mean increased efficiency, safety and sustainability, leading to smoother tours and happy fans. For more information on New Horizon Aircraft and its groundbreaking eVTOL technology, visit the company’s website. Featured photo by Chaz McGregor on Unsplash. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. 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

July 17, 2024 08:45 AM Eastern Daylight Time

Image

1 ... 120 121 122 123 124 ... 3774