Almost 40,000 participants converge at Sustainable Agriculture Week, 12 MoUs exchanged

DUBAI, United Arab Emirates-Wednesday 16 March 2022 [ AETOS Wire ]

Malaysia far exceeded its expectations when it attracted USD108.34 million (AED397.94 million) in potential trade and investments during the Sustainable Agriculture Week at EXPO 2020 Dubai.

The Ministry of Agriculture and Food Industries Malaysia (MAFI) hosted the week, which ran from February 21 to 26, with the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), as the implementing agency.

The week saw close to 40,000 visitors who attended the Malaysia Pavilion and participated in Sustainable Agriculture programmes, including its exhibition, tropical fruit showcase, cooking demonstrations, product launches, pocket talks, and MoU exchanges. The week also attracted delegates from Senegal, Ivory Coast, Namibia, Japan, India, and Slovakia who were interested in exploring Malaysia&rsqu ... Read more »

The digital media services provider has accumulated over 18 million sign-ups and US$9 million in revenue in UAE, Egypt

Dubai, United Arab Emirates-Wednesday 16 March 2022 [ AETOS Wire ]

Over The Top (OTT) digital media services provider Basebone has reported unprecedented growth, on the back of an ambitious global expansion strategy, which has enabled it to reach new audiences by leveraging carrier billing.

Its most recent expansion is in Turkey, where the digital market includes over 84 million users with a mobile penetration of 71%. This represents over 58 million potential customers that now have access to Basebone’s flagship products that offer customers unlimited access to thousands of mobile games, movies without ads.

In the UAE and Egypt, Basebone accumulated over 18 million sign-ups and US$9 million in revenue across its products. South Africa alone has seen over 12 million sign-ups in 2021 and US$17 million in revenue.

In contra ... Read more »

KAMPALA, Uganda-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- AIDS Healthcare Foundation (AHF) Africa Bureau welcomed today South Africa’s approval of the Dapivirine Vaginal Ring for use by women ages 18 and older as a step in the right direction in HIV prevention. The recommendation follows an announcement by the International Partnership for Microbicides (IPM)—developers of the vaginal ring—that its product had received a nod from the South African Health Products Regulatory Authority (SAHPRA).

According to the World Health Organisation (WHO), the DPV-VR is a silicone ring that gives women alternatives and control over reducing their risk of HIV infection. The ring, which should be worn inside the vagina, operates by gradually discharging the antiretroviral drug dapivirine into the vagina over a 28-day period to help protect women from HIV.

“This news that advances HIV prevention options and sexual reproductive health rig ... Read more »

(BUSINESS WIRE) -- Construction technology startup Mastt has raised $9.5 million (AUD) less than 12 months after its seed round, as it aims to almost double its headcount and continue expansion abroad.

The round was led by VC firm OIF Ventures, with participation from Assignar co-founder and CEO Sean McCreanor, Assignar Chief Revenue Officer Chris Peterson and Mastt’s own chief technology officer David Jablonski.

Existing investors Artesian, Significant Early Venture Capital, Investible and Gravel Road Ventures, the venture fund of Aconex co-founders Rob Phillpot and Leigh Jasper, also contributed to the heavily oversubscribed round.

Since Mastt’s last round of investment the company has gone on to remotely expand into the US and Middle East. The company has quadrupled its monthly recurring revenue and is now used across over 500 global projects, totalling over $25 billion in value.

“Our goal of clearing up the clutter of spreadsheet ... Read more »

Definitive ethics award listing marks notable recognition for diversified manufacturer

SPARTANBURG, S.C.-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Milliken & Company has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. The diversified global manufacturer, with more than 60 locations and approximately 8,000 associates worldwide, is one of six companies to receive this prestigious ethics-based honor every year since the award’s inception.

 “Ethisphere and its World’s Most Ethical Companies program is a key benchmark for the way we do business,” shares Halsey Cook, president and CEO for Milliken & Company. “Receiving this recognition for 16 straight years underscores the culture and commitment of Milliken team members globally. It’s who we are.”

In 2022, 136 ho ... Read more »

Bringing to market cell-cultured collagen is the company's next step of a system-based approach to complex animal agriculture transition

REHOVOT, Israel-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Aleph Farms, the first company to grow cultivated beef steaks, today announced it is expanding its product line to include a unique platform for cell-cultured collagen production. The company’s highly differentiated, integrated strategy to develop a complete alternative to animals in intensive animal farming is a testament to its inclusive vision to supplement sustainable, but less productive, liv ... Read more »

The investment will further enhance, advance, and accelerate Kymeta’s growth and production of next-generation products and services including the low Earth orbit (LEO) upgrade path and other solutions of the future

REDMOND, Wash-Tuesday 15 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Kymeta (www.kymetacorp.com), a world leading company for flat panel antennas that make mobile global, announced today the closing of additional equity funding totaling approximately $84 million, led by Bill Gates and participation by Hanwha Systems, among other investors.

The multi-million-dollar investment will be used to drive Kymeta’s innovations forward, accelerate the production of its innovative electronically-steered flat panel technology and further evolve the company’s growth as it prepares to expand our offerings for LEO and defense customers. With this financing, the company is also nearing fully funded and will allow Kymeta to expand its manu ... Read more »

WILMINGTON, Del.-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- The LYCRA Company, a global leader in developing innovative fiber and technology solutions for the textile and apparel industry, today announced a settlement related to its ongoing global efforts to protect its intellectual property (IP), including patents and trademarks, from infringement worldwide.

The Jiangsu Authority in China recently mediated a lawsuit initiated by The LYCRA Company against four companies found to be infringing on its dual core patents for denim.

“The cases for infringement have been decided,” said Bridget Sciamanna, general counsel, The LYCRA Company. “In consideration of dropping charges against all the companies involved, a financial settlement has been reached for an undisclosed amount. In addition, these companies have agreed to cease infringing on our patents.”

To learn more about how The LYCRA Company protects and defends it ... Read more »

OXFORD, England & INGELHEIM, Germany & INDIANAPOLIS-Wednesday 16 March 2022 [ AETOS Wire ]

The Independent Data Monitoring Committee recommended that the EMPA-KIDNEY trial be stopped early, following a formal interim assessment

EMPA-KIDNEY is the largest and broadest dedicated SGLT2 inhibitor trial in chronic kidney disease to date

Detailed results are expected to be presented later this year

(BUSINESS WIRE) -- The EMPA-KIDNEY trial, evaluating the effect of empagliflozin in adults with chronic kidney disease (CKD), will stop early based on a recommendation from the trial’s Independent Data Monitoring Committee. This follows a formal interim assessment that met prespecified criteria for positive efficacy, announced the Medical Research Council (MRC) Population Health Research Unit at the University of Oxford, Boehringer Ingelheim, and Eli Lilly and Company (NYSE: LLY).

This press release features multimedia. View the full release ... Read more »

To further expand the world's largest alliance of automotive soundproofing materials

NAGOYA, Japan-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Hayashi Telempu Corporation (HTC, Headquartered in Nagoya, Naka-ku) makes an additional investment in Adler Pelzer to strengthen and further expand the world's largest alliance of automotive soundproofing materials.
HTC acquires 28% shares in Adler Group SpA, the parent company of Adler Pelzer Group (APG, Headquartered in Federal Republic of Germany).

HTC and APG signed a technical alliance in 2017, established the Joint Venture NEVHA focusing on acoustic for New Energy Vehicles in 2018, and in January 2021, built the first capital partnership between the top level of both groups to establish GAIA, the “Global Automotive Interior Alliance”.

HTC aims to be an industry leader in the field of automotive soundproofing materials, which strives to survive and continue it ... Read more »

Former Oracle, IBM, HP, and Lenovo senior executive will lead Company’s operations in the region and focus on accelerating sales growth and delivering extraordinary value to clients

LAS VEGAS-Wednesday 16 March 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that technology industry veteran Kevin N. Hooper has joined the company as group vice president and regional general manager for the Americas Central Region, reporting to Emmanuel Richard, senior vice president and general manager of the Americas Theatre. In his new role, Hooper will oversee Rimini Street’s operations in the region, which include marketing, demand generation, sales (new, cross-sale, and renewal), client success and extraordinary service delivery.

Hooper is a proven and ... Read more »