LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. & HOUSTON & BEIJING-Friday 4 February 2022 [ AETOS Wire ]

First gravity-based storage agreement between a U.S. and Chinese company to support China’s stated goals of Carbon Peak by 2030 and Carbon Neutrality by 2060

$50 million new investment subscription at $10 per share upsizes previously announced and already upsized PIPE from $150 million to $200 million in conjunction with Energy Vault’s agreement to become a publicly-traded company through business combination with Novus Capital Corporation II

$50 million in technology licensing to be recognized in 2022 as part of a multi-year License and Royalty agreement signed with Atlas Renewable LLC toward future multi-GWh deployments of Energy Vault’s innovative EVx platform; first 100MWh EVx project to begin in 2022 at a pre-selected site in Rudong, Jiangsu Province, outside of Shanghai

Energy Vault and China Tianying, a China Fo ... Read more »

DUBAI, UNITED ARAB EMIRATES.-Friday 4 February 2022 [ AETOS Wire ]

MEPRA (Middle East Public Relations Association) announced a call for entries for its inaugural Arabic Communications MEPRA Awards – a first-of-its-kind initiative in the Middle East that seeks to recognise and celebrate the brightest, boldest and bravest campaigns and professionals in Arabic communications.

The premier Awards programme was developed to shine a spotlight on impactful Arabic content and highlight the importance of the Arabic language in the communications industry within the Middle East.

This, according to MEPRA is in line with its goal to achieve its vision of being the unique voice that represents the public relations and communication profession in the Middle East and its mission to raise awareness and build a holistic understanding of public relations in the region.

The Arabic MEPRA Awards will include 26 categories including a special focus on the most notabl ... Read more »

Strong demand, increased earnings and margin support a robust cash flow

ZURICH-Friday 4 February 2022 [ AETOS Wire ]

Q4 2021

Orders $8.3 billion, +18%; comparable1 +21%

Revenues $7.6 billion, +5%; comparable +8%

Income from operations $2,975 million; margin 39.3%

Operational EBITA1 $988 million; margin1 13.1%

Basic EPS $1.34; up from $-0.04 year on year

Cash flow from operating activities was $1,020 million and from operating activities in continuing operations it was $1,033 million

FY 2021

Orders $31.9 billion, +20%; comparable1 +17%

Revenues $28.9 billion, +11%; comparable +8%

Income from operations $5,718 million; margin 19.8%

Operational EBITA1 $4,122 million; margin1 14.2%

Basic EPS $2.27; -7%2

Cash flow from operating activities was $3,330 million and from operating activities in continuing operations it was $3,338 million

Dividend proposal of CHF 0.8 ... Read more »

DALLAS-Friday 4 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Oceans provide 80% of the oxygen we breathe and provide food and income for more than three billion people worldwide. On World Wetland Day, Mary Kay Inc., a global leader in corporate sustainability and eco-responsibility, has made a renewed commitment with The Nature Conservancy to preserve the precious wetlands that line—and protect—our coasts.

Mary Kay’s partnership with The Nature Conservancy (TNC) began in 1990. In the decades since then, they’ve combined forces to engage Indigenous peoples in sustainable aquaculture in New Zealand, secure fresh water for people in Mexico, clean up our oceans, and save species and empower women in the Solomon Islands. Their latest project with TNC, which kicked off in 2019, focused on the preservation and enhancement of wetlands.

“Coastal wetlands provide the trifecta of climate wins: carbon capture, adaptation to sea-level rise ... Read more »

The company successfully passes a cryptographic audit conducted by Armanino LLP, showcasing how it is exceeding the transparency offered by legacy financial firms

CHEYENNE, Wyo.-Friday 4 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Kraken, one of the world’s largest digital asset exchanges, is announcing its implementation of next-generation auditing standards designed to let clients prove their bitcoin and ether balances are backed by real assets held in our custody.

Administered by Armanino LLP, the Proof of Reserves audit is the second of its kind conducted on our exchange since 2014, and it affirms that more than $19 billion worth of client bitcoin and ether is safely – and provably – on our platform. This includes the $3.5 billion worth of ether held in Kraken’s secure on-chain staking service, the industry’s leading ETH2 validator.

Though the audit covers just two of the over 100 assets available for tradi ... Read more »

Celestial AI’s system transforms computing using light for data movement within and between chips enabling scalability with optical access to memory and compute from single node to exascale systems
SUNNYVALE, Calif.-Friday 4 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, today announced a $56 million Series A investment led by Koch Disruptive Technologies (KDT) with participation from Temasek’s Xora Innovation fund, The Engine, the venture firm spun out of MIT, Tyche Partners, Merck’s corporate venture fund, M-Ventures, IMEC XPand, and venture capital investor in the Princeton University ecosystem, Fitz Gate. The new capital will be used for expanding the global engineering team, product development and strategic supplier engagements, including Broadcom, to build the company’s Orion AI accelerator products. Celestial AI&rsquo ... Read more »

SEONGNAM, South Korea -Thursday 27 January 2022 [ AETOS Wire ]

    NFT presale for ROS’s item Warship Carriers starts on January 27
    1,504 Warship Carrier NFT lucky boxes sold through WEMIX Auction
    1.2 million Silthereum to be provided through airdrop event, etc.

(BUSINESS WIRE)-- Rise of Stars (ROS), a new mobile game being developed by LightCON, a subsidiary of WEMADE MAX (Co-CEOs: Hyunguk Chang, Gilhyung Lee) (KOSDAQ: 101730), launches NFT presale of Warship Carriers on January 27.

ROS is the first 4x blockchain game to be released on the WEMIX platform. In addition to real-time massive warfare, this game, which is set on the vast universe, features elaborately designed warships and planets.

In particular, ROS provides Silthereum, a new game token, and the item ‘Warship Carrier’ to which NFT is applied. Prior to the official service, the NFT is presold.

Warshi ... Read more »