All Industries

Atlas Lithium (NASDAQ: ATLX): The Under-The-Radar Company Partnered With Suppliers To The Largest EV Makers Globally

Benzinga

By Faith Ashmore, Benzinga As the globe races to reduce carbon emissions, the electric vehicles (EVs) industry is witnessing a boom. The global EV market was valued at $388.1 billion in 2023 and is expected to reach $951.9 billion by 2030, growing at a CAGR of 13.7% from 2023-2030. Unsurprisingly, lithium-ion batteries, the biggest battery chemistry that supplies EVs, are also experiencing growth. However, with the demand for these industries growing, experts are increasingly concerned over supply chain risks. In 2021, Australia had the highest lithium mine production in the world; however, Chile, China, Argentina and Brazil are also major contributors to global lithium production. With the increasing global demand for lithium, the development of new lithium projects in regions with large reserves is crucial for meeting the growing needs of the electric vehicle and renewable energy industries. For many investors, Brazil’s lithium valley is shaping up to be a promising target in the coming years, given that Brazil holds the fifth-largest lithium reserves in the world. Atlas Lithium: The Little-Known Company With Global Partnerships One company looking to capitalize on Brazil’s Lithium Valley – which holds an estimated 85% of the country’s reserves – is Atlas Lithium (NASDAQ: ATLX). With a focus on sustainable mining practices, Atlas Lithium aims to develop and produce high-quality lithium resources to meet the increasing demand for lithium-ion batteries in various industries, such as electric vehicles and renewable energy storage systems. Atlas Lithium's flagship project is the Neves lithium project in the state of Minas Gerais. The company reports that the project encompasses a significant lithium resource and has the potential to become a major lithium producer. Atlas Lithium also reports that it stands out in the Brazilian lithium market as the sole company with binding off-take agreements already lined up for its lithium concentrate. Through strategic global partnerships, the company has secured off-take agreements with Chengxin and Yahua; Yahua is a lithium chemical supplier to Tesla (NASDAQ: TSLA), while Chengxin supplies Chinese EV giant BYD (OTCPK: BYDDY) which is the largest EV maker in the world. These agreements guarantee the sale of 80% of Atlas Lithium's Phase 1 production capacity, and provide Atlas Lithium with $50 million to fully fund its production expected to commence in Q4 2024. Future Plans And Competitive Standing Atlas Lithium has set ambitious targets for the upcoming months as it works towards becoming a leading producer of high-quality and ethically sourced lithium resources. Over the next 3-6 months, Atlas Lithium intends to complete a Definitive Feasibility Study for its Neves Project. The company expects to achieve a major milestone in the production of its first lithium concentrate within 6-9 months. Achieving these targets could set the company up to be a leader in the Brazilian market and a competitor to companies like Sigma Lithium Corporation (NASDAQ: SGML). The company also distinguishes itself from its peers with its low capital expenditure (CAPEX) to production. Through the utilization of modular plant technology, the company reports that it has managed to maintain a low CAPEX to production of just $49.5 million. According to Atlas Lithium, this figure represents only a fraction of what other companies within the sector typically invest. Although it has yet to achieve widespread recognition, Atlas Lithium boasts a wealth of compelling attributes that could position it for growth and success. The company's partnerships, low capital expenditure and high-quality product, backed by thorough metallurgical studies, are all key advantages. As the electric vehicle market continues to expand, the demand for lithium continues to grow. Atlas Lithium seems poised to emerge as a major supplier of this crucial resource. Featured photo by myenergi on Unsplash. 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

March 20, 2024 08:15 AM Eastern Daylight Time

Image

Sensera Systems Launches Complete Monitoring and Security Solution for Construction Jobsites

Sensera Systems

Sensera Systems, a provider of solutions for real-time jobsite intelligence, today announced the launch of its complete site security solution. The full solution includes the compact solar-powered SiteWatch Pro3 camera, the newly released TalkDown deterrence kit, and professional monitoring services all enabled through Sensera’s SiteCloud software. Sensera Systems now offers comprehensive jobsite security coverage and meets risk compliance for projects of any size. “Construction costs continue to rise across the board — and tools, materials, and equipment must be protected on the jobsite," said Robert Garber, CEO Sensera Systems. "General contractors and project managers need the power of jobsite intelligence to meet builder's risk insurance requirements and give their customers peace of mind. Sensera Systems’ energy efficient solution, complemented by our cloud-based technology, provides contractors with the simple-to-deploy monitoring and security they’ve been asking for." According to industry estimates, construction theft costs hundreds of millions of dollars a year. Furthermore, fluctuating material costs and evolving project complexity continue to stress builder’s risk insurance policies, leading to rising premium costs. As a result, site security, real-time site monitoring, and verified security dispatch have become immediate priorities for construction professionals. Sensera Systems’ complete security solution brings together detection, deterrence, and response in one flexible, reliable, and affordable offering. This means simplified site coverage and a lower cost of implementation for contractors, eliminating complexities that can result from patching disparate security features together. Sensera Systems’ professional security monitoring gives construction site professionals confidence in protecting their assets while meeting builder’s risk insurance requirements. Sensera Systems’ complete site security offering delivers the following benefits to customers: Complete monitoring support through the combination of video, audio, and automation technology alongside human interactivity. Sustainable construction practices through solar power, preventing the need to run costly trenches along a site for power. Flexibility and portability through simplified set up, requiring no professional installation of cameras during construction. Central command and control through integration with SiteCloud. Reduced dispatch costs through thermal sensing, threat verification and TalkDown deterrence. To learn about how you can deploy the Sensera Systems security solution with TalkDown, please visit https://www.senserasystems.com/security-cameras/ or contact (800) 657-0437 to request a demo. About Sensera Systems Sensera Systems is the market leader in affordable, easy-to-deploy solar cameras and real-time jobsite intelligence. Our solutions are purpose-built for the rigors of temporary and permanent outdoor and remote sites. Deployed by over 1800 General Contractors across North America, Sensera Systems’ solutions help improve project productivity, safety, and security. Securely managed from a single cloud-based platform, its solutions provide the most reliable and cost-effective visual monitoring and surveillance in the industry, all in a hassle-free package that is easy to set up and use within minutes. Contact Details Paul Rechichi +1 617-624-3221 sensera@racepointglobal.com Company Website https://www.senserasystems.com/

March 20, 2024 08:03 AM Eastern Daylight Time

Image

Generation Uranium to Begin Exploration Program On Its 100% Wholly Owned Yath Project in Nunavut, Canada

Generation Uranium Inc

Vancouver, British Columbia, Canada, March 19th, 2024 – Generation Uranium Inc. (the “Company” or “Generation”), (TSXV: GEN) is pleased to announce that an inaugural exploration program will begin on its 85km², 8,500-ha property located in the Thelon Basin in Nunavut, Canada. Due to strong historical sampling and anticipated long-term elevated world spot uranium pricing due to favorable supply and demand dynamics, the Company anticipates that it will expend a significant amount of its capital resources into the basin in 2024. Generation’s Yath Project (“Yath”) is located in the Thelon Basin mining jurisdiction that exhibits strategic land positioning and situated along trend from the 43 million lbs Lac 50 uranium deposit being advanced by Latitude Uranium, currently being acquired by ATHA Energy Corp. for an all-share acquisition valued at $64.7M CAD. Management believes Yath covers a possible western extension of the LAC 50 trend and associated commercialization potential. Historical grades at Yath conducted by Pan Ocean Oil Ltd. in the 1980’s highlight the known uranium and secondary mineralization of the property. In 1981, sample Bog-8-80 DDH revealed a promising intersection, assaying 1m at 0.224% U3O8 from 25.5m, with chip samples registering 6.7% U3O8 and 0.7 ounces per ton of Ag. Additional sampling from granoblastic Gneiss in 1982 (sample MM-276) in the heart of the Yath Claim returned including 14,000 CPS, 9.81% U3O8, and 3.7 ounces per ton of Ag. Additionally, field samples conducted by Kivalliq Energy Corp. between 2012-2014 discovered U3O8 values ranging from 1% to 10%, with a confluence of faults and basin unconformity cover. High-grade samples localized along regional faults were observed coinciding with a VGR trend identified in a seismic line from 2012. These findings validate results from the 1970s, indicating significant potential for uranium mineralization in the zone. With high-grade historic results and extensive historical work, the Company is anticipated to resume additional field exploration in the coming weeks at Yath to better decipher the near-term drill target potential of known uranium mineralization. Generation believes in the untapped potential at Yath, as adequate diamond drilling was never conducted as a consequence of the downturn in uranium prices subsequent to the Fukushima nuclear incident. Generation would also like to announce a new Website and Corporate Presentation. The new website can be viewed at Generation Uranium: Leading the Future of Clean Energy with Uranium Exploration. Sign up to the company's mailing list to get in touch. Generation will provide timely operational updates to investors as the situation warrants. FOR FURTHER INFORMATION CONTACT Anthony Zelen President and Chief Executive Officer Anthonyzelen88@gmail.com 778-388-5258 About Generation Uranium The Company is a natural resource company engaged in the exploration and development of mineral properties. The Company holds an option to acquire a 60% interest in and to the Arlington Property, located within the Arrow Boundary District of south-central British Columbia,and holds a 100% interest in the Yath Uranium Project, located in the Territory of Nunavut. Forward-Looking Statements This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company’s exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

March 20, 2024 08:01 AM Eastern Daylight Time

Image

Basketball Forever Secures $4 Million in Series A Funding on Heels of North American Launch

Basketball Forever

Basketball Forever, one of the fastest growing and most engaged independent sports content brands in the world, announced a Series A funding totaling over $4 million USD. The round was led by Yolo Investments and also included Astralis Capital Management, Andover Ventures, Seth Young of FSG Digital and GMA Consulting, former Pinnacle Sports CEO and current betting and gaming advisor Paris Smith, David Sargeant of iGaming Ideas, Chris Grove of Acies Investments and Benjie Cherniak of Avenue H Capital. Having recently established a North American office, Basketball Forever plans to use the funds to accelerate growth by increasing its efforts to acquire a bigger audience in the region, expand into other verticals beyond basketball and deepen its roster of free and real money games. “This investment from so many leaders and well-respected voices in the sports betting and gaming space is illuminating,” said Alex Sumsky, CEO and co-founder of Forever Network. “It shows that not only is Basketball Network going down the path of profitability as a media company, but that expanding into sports betting and daily fantasy is the right move. Gamifying the sport media experience is the future. This capital will help us explore that vertical more, grow our North American staff and invest time in making our user experience the best on the market.” Since it operates each game, Basketball Forever can seamlessly weave marketing collateral and calls to action into content across its website and social media, offering an unappareled second screen offering. This creates a genuine experience for its users, helping establish a community that continuously comes back for more. This was proved during NBA All-Star Weekend when Basketball Forever launched its first North American focused game Hot Hands, a live action, free-to-play bingo-style game. The game saw more than 10,000 users claim more than 35,000 squares on the first offering of the game. Basketball Forever’s stable of games also includes free-to-play games V.O.A.T. and Streaker, with real-money versions of the games on the horizon. “It’s impossible to ignore what Basketball Forever has done to build a massively engaged audience,” said Tim Heath, Founder and General Partner at Yolo Investments. “Their ability to then create a bridge between its users and the games it creates is invaluable. We feel like Basketball Forever’s continued venture into sports betting in the North American market will establish them as not just leaders in the space, but as a model for other media companies to follow for years to come.” Founded in 2015, Basketball Forever is a digital media platform creating news and content on the global basketball market. For more than a decade, the company has built its brand organically from Australia, amassing a monthly global audience of more than 110 million unique visitors. According to Comscore’s Shareablee score, Basketball Forever is the most engaged sports publisher amongst millennials. Previously, all of its partners, sponsors and development efforts focused on the Australian market, even though the platform reaches 45 million unique visitors per month from the United States alone. In 2023, the company drew 4 billion impressions across all its social channels. ABOUT BASKETBALL FOREVER Basketball Forever was founded in 2015 with a mission to celebrate the game and embrace its ability to unite people from all over the world. The brand reaches millions globally as the best source of breaking news, commentary, rumors, and culture through a uniquely social-first approach, bringing the best content to the consumer and removing the barriers between the creative and the consumer. For more information and to subscribe, please visit: ForeverNetwork.com Contact Details Sterling Randle +1 801-319-6153 sterling.randle@gmail.com Company Website https://basketballforever.com/

March 20, 2024 08:01 AM Eastern Daylight Time

Ultrahuman Raises $35mn to accelerate growth and research in the health monitoring space

Ultrahuman

The pioneer in wearable tech Ultrahuman has today announced a $35 million equity and debt investment round. The series B funding round saw participation from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners and Zomato founder Deepinder Goyal. Ultrahuman will deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space. "This funding round marks a pivotal step forward in our journey to dominate the smart rings space, bringing us closer to our goal of being the market leader" remarked Mohit Kumar, co-founder of Ultrahuman. Ultrahuman is at the forefront of the health-tech revolution, boasting the world's largest and only multi-device health ecosystem. In addition to their smart ring called Ring Air, the Ultrahuman product suite includes a continuous glucose monitoring wearable called M1 Live, a home health device called Ultrahuman Home and a preventive blood testing product called Blood Vision. Their platform integrates glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring. "The future of health is integrated, and at Ultrahuman, we're making that future a reality today by seamlessly combining various health data streams to empower preventative health and wellness," said Mohit Kumar. Ultrahuman has seen phenomenal growth over the past 12 months, becoming the second-largest player in the smart ring market while maintaining profitability. "Our vision of being the top player in terms of both active devices and geographic presence is within reach, thanks to our rapid expansion and the love we've received from our users," added Mohit Kumar. A key driver of Ultrahuman's explosive growth has been its expansion into over 150 retail outlets worldwide, including iconic locations like London’s Selfridges on Oxford Street, Changi airport in Singapore, and the Virgin megastore in Dubai. This retail footprint expansion has been instrumental in introducing Ultrahuman's cutting-edge technology to a global audience. "Our growth is a testament to the user love for our products, highlighted by industry-leading NPS and engagement metrics since the launch of our latest model, the Ring Air. Our relentless focus on improving user experience through continuous firmware and software updates is what sets us apart," Mohit Kumar emphasized. "Shipping a new firmware version every 2 weeks and weekly app improvements reflect our commitment to excellence and our speed of execution, our biggest competitive advantage. We’ve also iterated in hardware at the speed of software by designing novel devices like Ultrahuman Home, a home health monitor.” Looking ahead, Ultrahuman is on track to surpass $100 million in annualized revenue run rate (ARR) by the end of 2024, a milestone that will be achieved profitably. "Our ability to make long-term manufacturing investments, supported by our profitability, is unique in the smart rings market," Mohit Kumar noted. UltraFactory, a recent addition of a new manufacturing facility, is capable of supporting $200 million in annual revenue, a clear indication of Ultrahuman’s readiness for its next phase of growth. Ultrahuman's dedication to scientific validation and innovation is further evidenced by the completion of a clinical trial involving 105 participants, aimed at validating the ‘Metabolic Score’ generated on the Ultrahuman platform. "Our long-term investment in R&D and intellectual property is a cornerstone of our strategy, ensuring that our products not only meet but exceed the highest standards of efficacy and reliability," Mohit Kumar concluded. About Ultrahuman Ultrahuman is the world's most advanced metabolic fitness platform. Ultrahuman’s products include the Ultrahuman M1(continuous glucose monitoring sensor), the Ultrahuman Ring and Blood Vision, a preventive blood testing platform with the pioneering UltraTrace™ technology. By collating different biomarkers, Ultrahuman is helping people improve their energy levels and lifestyle, track their workout, sleep and recovery, and avoid metabolic disorders. For more information and updates on Ultrahuman, please visit ultrahuman.com or follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube. Ultrahuman was started by Mohit Kumar and Vatsal Singhal, who were also co-founders at Runnr, which later merged with India’s largest food delivery service Zomato. Mohit is an avid cyclist and a Brazilian Jiu-Jitsu enthusiast. Vatsal is a cross-fit enthusiast. Mohit was training at one of the largest MMA Camps in the world (Tiger Muay Thai in Thailand). During his training, he observed athletes train smartly via the usage of data, recovery tools and protocols. About Nexus Venture Partners Nexus Venture Partners is a prominent venture capital firm specializing in early-stage investments. They focus on technology-driven startups across various sectors. With a successful track record, Nexus has supported numerous innovative companies in their growth journey. About Blume Ventures Blume Ventures is an India-based venture capital firm known for its strategic investments in early-stage startups. Their portfolio spans diverse domains, including technology, healthcare, and consumer products. Blume’s hands-on approach and mentorship have contributed to the success of several emerging companies. About Steadview Capital Steadview Capital is an investment firm that primarily targets late-stage and growth-stage companies. Their global portfolio includes disruptive startups across industries. Steadview’s investment philosophy emphasizes long-term value creation and sustainable growth. About Deepinder Goyal Deepinder Goyal is the Founder and CEO of Zomato, a leading food delivery and restaurant discovery platform. Under his leadership, Zomato has expanded globally, revolutionizing the way people explore and enjoy dining experiences. His entrepreneurial spirit and commitment to innovation continue to drive Zomato’s success. Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.ultrahuman.com/

March 20, 2024 08:00 AM Eastern Daylight Time

Image

Bitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 Wallet

Bitget

In a significant milestone for the industry, Bitget Wallet, the leading Web3 wallet in Asia, has announced that its global user base has exceeded the 20 million mark, establishing it as the fourth largest wallet worldwide. This achievement coincides with the launch of the platform's token, BWB, alongside a captivating six-week BWB token airdrop campaign, attracting widespread attention within the global community. Since launching in May 2018, Bitget Wallet has dedicated itself to developing a robust Web3 infrastructure with the mission of providing every user equitable and unrestricted access to the Web3 universe. Through sharp market insight and relentless innovation in product development, Bitget Wallet has experienced an explosive increase in its user base, marking a significant achievement in its five-year journey.Bitget Wallet's strategic foresight during the 2020 DeFi Summer led to the early adoption of DEX quotations, significantly enhancing the user experience in asset discovery and trading onchain. This innovation garnered significant user interest. The subsequent rise of NFTs and the metaverse saw Bitget Wallet expanding its offerings with an NFT marketplace, further propelling its growth. As decentralized trading gained mainstream acceptance, Bitget Wallet was at the forefront, integrating Swap trading functionality and establishing itself as the industry's first to offer aggregated cross-chain DEX market data and facilitate gas-free cross-chain transactions. The continuous enhancement of its Swap product has been a crucial driver of Bitget Wallet's user base expansion.In 2022, Bitget Wallet achieved a remarkable milestone by completing a $15 million Series A funding round at a $100 million valuation, led by Dragonfly Capital. This was followed by a strategic $30 million investment from Bitget Exchange, boosting its valuation to $300 million.Post-investment, Bitget Wallet underwent comprehensive brand enhancement and optimization of its Swap services, introducing cutting-edge features like intelligent market data and Smart Money tracking. Its Swap trading volume consistently ranks in the top ten among all DeFi projects, rivaling and occasionally surpassing MetaMask, underscoring its competitive edge in the marketplace.Beyond refining its Swap transactions, Bitget Wallet has broadened its ecosystem with the introduction of Launchpad and a profit-earning center, facilitating users in discovering new assets and opportunities. Today, Bitget Wallet transcends the traditional wallet paradigm, evolving into a comprehensive decentralized ecosystem platform encompassing DEX, intelligent market data, Launchpad, inscription platforms, NFT marketplace, and a Web3 task incentive platform.In 2022, Bitget Wallet's diverse user base spanned across 168 countries and regions, including Asia, Europe, and North America, with a count of 15 million users. By the fourth quarter of 2023, its global download rank ascended to fourth, with the total user count now exceeding 20 million. This places Bitget Wallet at the forefront of the global wallet sphere. With the industry's recent shift towards a community-centric narrative, highlighted by the emergence of meme coins, Bitget Wallet has positioned itself as a pioneer in the discovery and trading of meme coins, attracting a dedicated user base thanks to its superior functionality in this niche.This success can be attributed to Bitget Wallet's comprehensive infrastructure, which includes advanced market analysis tools, encompassing full-chain trend analysis, multi-dimensional market rankings, and smart money insights, covering 100 mainstream blockchains. This, combined with innovations such as gas-free trades and automatic slippage adjustments, has empowered users to discover and trade tokens more efficiently and ahead of the curve.Moreover, Bitget Wallet's strategic focus on "New Assets" and "New Opportunities," as emphasized by COO Alvin, reflects its commitment to leading the market in innovation. Whether through the support of new blockchains, the listing of new tokens, the introduction of the Launchpad platform, or the launch of inscription functions, Bitget Wallet's initiatives are strategically aligned with unlocking new assets and opportunities for its users. Facilitating users in capitalizing on these opportunities, thereby maximizing their earnings in the Web3 world, remains the cornerstone of Bitget Wallet's growth strategy.With the recent launch of its platform ecosystem token, BWB, Bitget Wallet underscores its commitment to fostering a vibrant ecosystem. BWB is poised to play a central and pivotal role in the wallet's ecosystem, with Bitget Wallet's future growth prospects intricately linked to BWB, following the significant milestone of surpassing 20 million users. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Contact Details Sylvia Huang +971 52 892 2724 media@bitget.com

March 20, 2024 06:36 AM Eastern Daylight Time

Chirpley Joins NVIDIA Inception

Plato AI

Chirpley, Amsterdam, March 20th, 2024 - ( PlatoAi via 500NewsWire) -- Chirpley today announced it has joined NVIDIA Inception, a program that nurtures startups revolutionizing industries with technological advancements. Chirpley is the world’s first automated peer-to-peer, all-in-one influencer marketplace specifically focused on nano and micro influencers. Chirpley focused on leveraging AI technologies to provide tailored matchmaking for brands and influencers, ensuring efficiency, fair evaluation, and data-driven approach to maximize the reach of marketing incentives. Chirpley plans to use the resources available through NVIDIA Inception, including utilizing NVIDIA most advanced technology assistance and top-notch expertise in AI hardware. The program will also offer Chirpley the opportunity to collaborate with industry-leading experts and other AI-driven organizations. “NVIDIA Inception is a major step for Chirpley and it’s an honor for us to be among the startups building the next era of AI-powered products. This opportunity marks a significant milestone in our journey, allowing us to use NVIDIA's cutting-edge technology and deep industry expertise to accelerate our growth and innovation” - Job ter Horst, Founder & CEO at Chirpley. NVIDIA Inception helps startups during critical stages of product development, prototyping and deployment. Every NVIDIA Inception member gets a custom set of ongoing benefits, such as NVIDIA Deep Learning Institute credits, preferred pricing on NVIDIA hardware and software, and technology assistance, which provides startups with the fundamental tools to help them grow. About Chirpley: Https://chirpley.ai Chirpley is the world’s first fully automated, AI-driven, peer-to-peer, all-in-one influencer marketplace totally dedicated to nano and micro-influencers. Contact Details Chirpley Marilyn Johnson media@chirpley.ai

March 20, 2024 05:32 AM Eastern Daylight Time

Image

News Release

American Aires Inc. (CSE:WIFI; OTC Pink:AAIRF) Proprietary Solution Against EMF Radiation Could Unlock Significant Shareholder Value

AAIRF, EDR, TKO

As the world gets more technologically advanced, there has been a dramatic rise in the number of electronic devices emitting electromagnetic fields (EMFs). EMFs are invisible energy areas associated with electrical power use, and while these EMFs have helped make our lives more convenient and connected, they have also had some unintended consequences. A number of scientific studies have shown that exposure to EMF radiation can trigger inflammation in the brain, which can lead to tissue damage and contribute to the development of various diseases, including neurodegenerative diseases. The results further demonstrated that there was a significant correlation between brain electrical activity and cognitive function, particularly in the areas of attention and working memory. Basically, using devices like your cell phone for just 30 minutes a day can increase brain tumor risks by 40%, while 24 hours of EMF exposure can induce more DNA damage than 1,600 chest x-rays. That is exactly why the Canadian-based nanotechnology company American Aires Inc. (CSE:WIFI) (OTC Pink:AAIRF), which is focused on enhancing well-being and environmental safety, has come up with what is possibly the perfect solution to this problem. American Aires has developed a proprietary silicon-based resonator that protects against the harmful effects of electromagnetic radiation. According to the company, its main goal was to find a way to minimize harm to the body without impacting the capability of electronic devices, which meant that the obvious solution was to modulate, rather than block or absorb radiation, to create a surrounding area free from the harm of EMF. So far, the company has dedicated over 20 years and poured at least $20 million into developing its proprietary nanotechnology, which has resulted in sleek and stylish, convenient devices that can be used for both personal and area protection without any need for a power source. Aires' Lifetune products target EMR emitted by consumer electronic devices such as cellphones, computers, baby monitors, and Wi-Fi, including the more powerful and rapidly expanding high-speed 5G networks. More importantly, the effectiveness of the American Aires Inc. (CSE:WIFI) (OTC Pink:AAIRF) microchip in reducing the harmful effects of EMF radiation has been reaffirmed by the scientific community. A recently published study in the Link Journal confirmed the chip’s stabilizing capabilities, while at least eight peer-reviewed studies and 25 clinical and scientific reports also validated the technology. Backed by such an impressive body of scientific research that supports the company’s technology, it’s no surprise that the company has been growing its topline at a healthy clip. Revenue growth has been robust, and over the past two years alone, the company has doubled its revenue consistently. According to the company’s most recent earnings results, Aires brought in $5.5 million in revenue for the first 9 months of 2022, representing a 63% YoY increase. Extrapolating this growth rate over the whole of 2023, Airestech could be sitting on $10 million in 2023 sales. What's even more appealing about American Aires Inc. (CSE:WIFI) (OTC Pink:AAIRF) is that it boasts superior profit margins. At the moment, its gross margins average about 60%, illustrating just how lucrative the opportunity in this space is. This level of profitability essentially puts Aires right up there with the top technology companies like Nvidia and Apple, which had 75% and 45% gross margins, respectively. The company also reached a key milestone after achieving positive EBITDA (adjusted) in its most recent quarter. A multi-billion-dollar market As you have probably realized by now, it is practically impossible to avoid EMF radiation in our technology-reliant world. That is why investors are taking a close look at American Aires Inc., which seems well positioned to capitalize on this huge opportunity. The market for Aires products is applicable to diverse customer segments, including biohackers, tech-savvy athletes, individuals focused on fertility, those seeking better sleep, and most recently, gamers. The U.S. market alone could be potentially worth $5 billion, which is just a tiny fraction of the global opportunity. Currently, American Aires Inc. (CSE:WIFI) (OTC Pink:AAIRF) operates an online direct-to-consumer sales model with fulfillment centers in the USA, Canada, Australia, and the EU and a customer base of 54,000 clients spread out across 65 countries. However, the company believes that it has the opportunity to further expand its reach now that its products have been especially popular among high-performing athletes and celebrities who value health and wellness. That explains why earlier this month Aires announced the launch of its new campaign, #airesathletes, to broaden its impact within the elite performance sphere, with UFC star Maycee Barber as the first athlete partner. Maycee "The Future" Barber is a formidable presence in the women's flyweight division of the Ultimate Fighting Championship (UFC). Last year, the UFC and WWE merged to form TKO Group (NYSE:TKO), and Aires’ initiative aims to connect with professional athletes who have turned to the company for the significant benefits its technology offers, particularly in terms of physiological optimization through EMF modulation as well as the proven protection from external EMF sources. And just earlier this week, American Aires Inc. (CSE:WIFI) (OTC Pink:AAIRF) announced that it had signed another strategic partnership with William Morris Endeavor Entertainment (WME), a titan in entertainment, sports, and fashion. WME is a leader in the global entertainment arena, bringing to the table a vast network of world-class artists, athletes, and content creators and a proven track record in talent management and strategic marketing. That means WME is perfectly positioned to elevate Aires' footprint, increasing brand reach and engagement and underscoring the extensive benefits of Aires' solutions for wellness and performance optimization. WME is part of Endeavor Group Holdings, Inc. (NYSE:EDR), a global sports and entertainment behemoth that has a 51% stake in TKO. This collaboration will harness the growing interest from elite athletes and performers in Aires' innovative solutions and capitalize on the momentum Aires has built among top-tier athletes, expanding on the recently launched #airesathlete campaign. Additionally, this partnership between American Aires and WME underscores a transformative vision: Aires Technology, already trusted by elite athletes and performers for its unmatched performance and recovery benefits, is poised to become a global standard for EMF protection and physiological optimization. CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport (CGR) is owned by RazorPitch Inc. and has been retained by a third party to assist in the production and distribution of content related to American Aires Inc.. 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CapitalGainsReport/RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR/RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 Markrmckelvie@gmail.com Company Website http://CapitalGainsReport.com

March 20, 2024 05:00 AM Eastern Daylight Time

Save the Redwoods League, the Yurok Tribe, and Park Partners Sign Historic Agreement to Return Tribal Land

Save the Redwoods League

Today the Yurok Tribe, Save the Redwoods League, National Park Service and California State Parks signed a landmark memorandum of understanding, a historic first step toward transferring ‘O Rew, a 125-acre ecologically and culturally important property, from Save the Redwoods League back to its original steward, the Yurok Tribe. In addition, the agreement describes the four partners’ shared vision for long-term co-management of the site as a gateway for the visiting public to the adjacent Redwood National and State Parks (RNSP). This would be a first-ever cooperative arrangement for the National Park Service and California State Parks on tribe-owned land. The partners envision building a new visitor and cultural center and trails at ‘O Rew that will highlight the distinct histories and cultures of local tribes. “On behalf of the Yurok people, I want to sincerely thank Save the Redwoods League for committing to repatriate this critical part of our homeland. Together, we are creating a new conservation model that recognizes the value of tribal land management,” said Joseph L. James, the Chairman of the Yurok Tribe. “We are also appreciative of Redwood National and State Parks’ participation in this truly one-of-a-kind partnership.” “Today we acknowledge and celebrate the opportunity to return Indigenous guardianship to ‘O Rew and reimagine how millions of visitors from around the world experience the redwoods,” said Sam Hodder, president and CEO of Save the Redwoods League. “Today’s agreement starts the process of changing the narrative about how, by whom and for whom we steward natural lands. There’s a lot of important work to be done in the coming years to realize our shared vision. But the League and our partners are fully committed, and we’re honored to collaborate with the Yurok Tribe, National Park Service and California State Parks to create a new model of shared environmental and recreational stewardship.” New Trail Access and Cultural Gateway to RNSP The vision codified in today’s memorandum of understanding is for Save the Redwoods League to convey ‘O Rew to the Yurok Tribe in 2026, after the Redwoods Gateway and Prairie Creek Restoration project, currently in progress, is completed. Conveniently located off U.S. Highway 101 at the base of Bald Hills Road in Orick, CA, the site will become a southern gateway to Redwood National and State Parks. The ‘O Rew Redwoods Gateway will be the first co-management model whereby National Park Service and California State Parks will support visitation and stewardship on land owned by a Tribe. Critical elements of the new recreational and cultural gateway will be built in 2025 prior to the transfer. These comprise more than 1 mile of accessible new trails, including a new segment of the California Coastal Trail, interpretive exhibits across the site and other visitor amenities. The new trails will connect to numerous existing trails in the parks, including direct access to one of the most popular old-growth redwood groves in the parks, Lady Bird Johnson Grove. The agreement outlines that, after the transfer, the Yurok Tribe aims to construct a visitor center highlighting the distinct history and living culture of the Tribe and the extraordinary natural, cultural and recreational resources of the parks. The Yurok Tribe also plans to build a traditional village on-site, including plank houses and a sweat house. “This is a first-of-its-kind arrangement, where Tribal land is co-stewarded with a national park as its gateway to millions of visitors. This action will deepen the relationship between Tribes and the National Park Service,” said Redwoods National Park Superintendent Steve Mietz. “The restoration efforts completed by the partners on this site link the large-scale watershed restoration upstream by the Redwoods Rising collaborative with downstream landowner-led efforts to restore the Redwood Creek Estuary, healing the land while healing the relationships among all the people who inhabit this magnificent forest.” “This agreement further strengthens California State Parks’ relationship with the Yurok Tribe, and we welcome the opportunity to forge additional actions that support Indigenous land management with state, federal and nonprofit resources,” said Armando Quintero, director of California State Parks. “This historic agreement provides a pathway for the addition of Indigenous lands to the suite of values employed in co-managing and protecting Redwood National and State Parks lands for the enjoyment of public and Indigenous peoples in the region.” About ‘O Rew The 125-acre property — ‘O Rew in the Yurok language — encompasses a significant place for the Yurok people on Prairie Creek. Located near Orick in Northern California, ‘O Rew is roughly in the center of Yurok ancestral territory. During the mid-1800s, there was an attempt to forcibly remove Yurok people from their homeland, including ‘O Rew and nearby Owr-rekw, to expedite exploitation of the region’s natural resources, including old-growth coast redwood trees. Save the Redwoods League purchased and conserved the site in 2013. Before that, for more than 50 years, it operated as a lumber mill and was referred to as the Orick Mill Site and Mill Site A. While the mill was in operation, large portions of the land were paved over, and much of the natural channel and floodplain of Prairie Creek was buried. For the last 10 years, the League has partnered with accomplished restoration experts, including the Yurok Tribe Construction Corporation and Fisheries Department and California Trout, to undertake a full restoration of a critical stretch of Prairie Creek on the site for the benefit of federally listed coho salmon and steelhead. As part of that effort, Yurok Tribe restoration crews built a new, nearly 1-mile-long meandering stream channel with abundant features to support fish, two connected ponds and approximately 20 acres of floodplain habitat. More than 50,000 native plants, including grass-like slough sedge, black cottonwood and coast redwood trees, have been planted in specific locations on the banks of the creek, ponds and floodplain of the Redwood Creek tributary. Thousands of juvenile coho and chinook salmon and steelhead are already taking advantage of the new habitat. Multiple wildlife species are also returning to the restored environment. Red-legged frogs, northwestern salamanders, elk and many species of waterfowl and songbirds have been observed at ‘O Rew. The Redwood Trails Gateway and Prairie Creek Restoration Project is funded by the following: Save the Redwoods League, California State Coastal Conservancy, California Wildlife Conservation Board, National Oceanic and Atmospheric Administration Restoration Center, California Ocean Protection Council, U.S. Fish and Wildlife Service, the National Park Foundation and The Cantus Foundation. California Trout and numerous local professionals and partners have provided essential expertise in the planning and implementation of the project. Please visit the ‘O Rew project web page for additional information and opportunities to support this exciting new initiative. *** Note to media: Hi-res images and b-roll are available here. To schedule an interview, contact Matt Mais at (707 ) 954-0976 or mmais@yuroktribe.nsn.us or Robin Carr at (415) 766-0927 or Redwoods@LandisPR.com. Save the Redwoods League One of the nation’s longest-running conservation organizations, Save the Redwoods League has been protecting and restoring redwood forests since 1918. The League has connected generations of visitors with the beauty and serenity of the redwood forest. The nonprofit’s 26,000 supporters have enabled the organization to protect more than 216,000 acres of irreplaceable forest in 66 state, national and local parks and reserves. For information, please visit SaveTheRedwoods.org. Contact Details Robin Carr +1 415-971-3991 redwoods@landispr.com Yurok Tribe Matt Mais +1 707-954-0976 mmais@yuroktribe.nsn.us Company Website https://www.savetheredwoods.org/

March 19, 2024 04:10 PM Pacific Daylight Time

Image

1 ... 327 328 329 330 331 ... 3753