upGrad Inc. stakes claim to being the ‘Most Integrated Higher EdTech Company in the world’; Looks to raise USD 400 Million at a USD 4 Billion valuation in the second half of the year

Dubai, United Arab Emirates-Thursday 3 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Global edtech company upGrad in its recently held company meeting announced that it aims to close March’22 at half a Billion Dollar Revenue Run Rate.

Highlighting the future of online higher education, Ronnie Screwvala, Co-founder, and Chairman firmly believes Higher Edtech is the frontrunner in the overall Education space. “There is just a lot of buzz, and fund ‘fan’ following in the K12 space worldwide, but the real growth and stable revenues will come from Higher Education when the pandemic settles - in the next couple of years, Higher edtech sector will overtake K12 in emerging and mature markets too.”

upGrad today has the largest reposito ... Read more »

Comprehensive Suite of Enterprise AI-based Solutions Delivers Significant Value Across Asset Operations

REDWOOD CITY, Calif.-Thursday 3 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- C3 AI (NYSE:AI), a leading enterprise AI software provider, and Shell (NYSE:RDS) today announced a five-year renewal of their strategic agreement to accelerate the deployment of enterprise AI and ML applications on the C3 AI® Suite across Shell. This renewal is a significant expansion of the relationship C3 AI and Shell initially developed several years ago. The primary objective of the agreement is to address reliability, asset integrity, and process optimization across Shell businesses.

Today’s announcement builds upon the launch earlier this year of the Open AI Energy Initiative™ (OAI), a first-of-its-kind open ecosystem of AI solutions to help transform the energy industry. The OAI, launched by C3 AI, Shell, Baker Hughes, and Microsoft, provides a framework ... Read more »

DALLAS -Thursday 3 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Mary Kay Inc., a global advocate for environmental consciousness and corporate responsibility, has joined the Ellen MacArthur Foundation as a member of its Network, as part of its commitment to becoming a more sustainable, circular business. Mary Kay was inducted among other influential organizations including The Ford Motor Company, International Paper, Mattel and The Fashion Institute of Technology.

The Ellen MacArthur Foundation is a UK-based charity that develops and promotes the idea of a circular economy, based on the principles of eliminating waste and pollution, keeping products and materials in use, and regenerating natural systems. The Ellen MacArthur Foundation works with — and inspires — business, academia, policymakers, and institutions to mobilize systems solutions at scale, globally.

“For nearly 60 years, Mary Kay has strived to enrich women’s lives, advance t ... Read more »

Successful multi-beam, over-the-air tests in the UK and US advance multi-beam antenna development

LONDON & RESTON, Va. -Thursday 3 June 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- SES Government Solutions (SES GS), a wholly-owned subsidiary of SES, and Isotropic Systems, a leading developer of transformational broadband terminal technologies, announce the successful completion of the first of two milestone next-generation antenna trials with the U.S. Military aimed at unleashing unprecedented information distribution to warfighters across the battlefield.

The U.S. Air Force and U.S. Army, through the innovative Defense Experimentation Using Commercial Space Internet (DEUCSI) program, are evaluating the ability of Isotropic Systems’ optical beamforming antenna to enable frontline armed forces to access high-speed, real-time data simultaneously over multiple commercial and military satellites.

First phase dual-beam tests conducted at the Harw ... Read more »

HOUSTON-Wednesday 2 June 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- As part of its ongoing commitment to debt reduction, Schlumberger Limited (“Schlumberger”) today announced that Schlumberger Investment SA, an indirect wholly-owned subsidiary of Schlumberger (“SISA”), will redeem notes with an outstanding aggregate principal amount of $664,776,000. This redemption is for the entire outstanding principal amount of SISA’s 3.300% Senior Notes due 2021 (CUSIP Nos. 806854AB1 / L81445AB1; and ISIN Nos. US806854AB12 / USL81445AB10) (the “Notes”). The redemption date for the Notes is June 28, 2021 (the “Redemption Date”).

The Notes will be redeemed on the Redemption Date at a redemption price for the Notes equal to (a) 100% of the aggregate principal amount being redeemed, plus (b) accrued and unpaid interest on the Notes from the last interest payment date to, but excluding, the Redemption Date. On and after the Redemption ... Read more »