These Two New Members of the Executive Leadership Team will be Integral in Supporting Techstars’ High Growth Strategy

BOULDER, Colo.-Thursday 21 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, announces two strategic and operational leaders who will join the global management team effective immediately. Aparna Ramaswamy will serve as the new Chief Human Capital Officer and Kimberly Smith has been appointed to the newly formed role as Chief Capital Formation Officer, both positions report to CEO, Maëlle Gavet.

“The best capital - whether human or financial - will pave the way for Techstars in its ambition to become the largest pre-seed investor," said Gavet. "These two deeply talented and experienced operational leaders will help Techstars continue its growth worldwide for our proven and sc ... Read more »

SOUTHFIELD, Mich.-Thursday 21 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Power management company Eaton today announced its eMobility business has received a contract to supply its Breaktor® circuit protection technology to a European vehicle manufacturer for use in multiple models of 800-volt battery electric vehicles (BEVs).

The Breaktor technology is a new advanced circuit protection solution for BEVs that combines the function of fuses, pyro switches and contactors into a single coordinated device. As electric vehicle power levels increase, the Breaktor circuit protection solution solves the ever-increasing coordination challenge between fuses and contactors while offering fast, safe and reliable protection for high-power battery and inverter systems.

“To meet EV consumer demand for longer range and faster charging, new EVs have increased power levels, which drives the need for advanced circuit protection for these high-voltage systems,” ... Read more »

The data center and interconnection facility will provide access to a world-class digital ecosystem, accelerating scalability and connectivity across the region and the world

LAGOS, Nigeria-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Nigerian company Kasi Cloud Ltd. (Kasi), the next-generation interconnection and data center platform for hyperscale and enterprise cloud, is delighted to announce that it held a groundbreaking ceremony in Lekki, Lagos on April 19, 2022 to signal the beginning of construction on the company’s first of several planned data center campuses in Nigeria. Kasi’s hyperscale data center and interconnection solutions flag-off the commencement of a critical, new generation digital infrastructure platform that will be constructed in the heart of Lagos, Nigeria.

Kasi is a first-of-its-kind mass-scale data center and digital ecosystem platform company, bringing world-class design and critical digital infrastructure s ... Read more »

New state-of-the-art facility in Olathe, Kansas – designed by Lineage Logistics and featuring its industry-leading technology – supports Smithfield’s sustainability, customer satisfaction and efficiency goals

(BUSINESS WIRE) -- Smithfield Foods, Inc., a vertically integrated global food company and one of the world’s largest pork producers and processors, and Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled REIT and logistics solutions provider, today announced the opening of an automated, next-generation distribution center in Olathe, Kansas.

Lineage designed and built the new facility to enhance Smithfield’s complex distribution network, which supplies thousands of destinations with frequent shipments of protein in varying quantities. Spanning nearly 20 million cubic feet with over 62,000 pallet positions, the distribution center’s innovations provide new levels of operational efficienc ... Read more »

The distribution partner agreement enables Kymeta to resell OneWeb Technologies’ services with its fixed and mobility hardware solutions to the U.S. government.

REDMOND, Wash. & HOUSTON-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Kymeta (kymetacorp.com), a world leading company for flat panel antennas making mobile global, and OneWeb Technologies (onewebtechnologies.net), the premier provider of innovative and secure commercial satellite communications application solutions, announced today an agreement to distribute reliable, secure, and cost-effective broadband connectivity services to the U.S. government.

The new managed satellite service offering enables Kymeta to provide government customers with hardware solutions that are packaged with secure and resilient network access from OneWeb Technologies, a wholly owned subsidiary of low Earth orbit (LEO) satellite communications company OneWeb. Access to broadband connectivity services ... Read more »

Novel Aerogel technology AlkeGel™ makes a step change in product performance and versatility to meet demanding thermal conductivity requirements in EV battery and industrial thermal insulation.

BUFFALO, N.Y.-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Alkegen, a leading specialty materials platform creating transformational materials, today introduced its latest proprietary technology, AlkeGel™ by Alkegen. AlkeGel is a next generation flexible aerogel material designed for electric vehicle and battery fire protection applications, along with other industrial thermal management uses. AlkeGel from Alkegen offers exceptionally low thermal conductivity and dustiness, superior thermal performance and a reduction in insulation thicknesses compared to competing insulation products.

AlkeGel is Alkegen’s first step into fiber-based aerogel composite materials for critical applications in battery and electric vehicle safety, fire ... Read more »

Acquisition strengthens Gupshup’s AI-powered conversational solutions for Ecommerce, Retail and Consumer Goods industries

SAN FRANCISCO & MUMBAI, India-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Gupshup, a global leader in conversational engagement, announced today the acquisition of AskSid, a leading Conversational AI provider to top ecommerce and retail companies around the world. AskSid’s full-stack AI solution including the Retail AI brain, strengthens Gupshup’s customer experience (CX) offerings and will help make the entire shopping journey - across pre-purchase, purchase and post-purchase phases - fully conversational.

Headquartered in Bengaluru, AskSid is helping many global brands like AkzoNobel, Danone, Wolford, Akris and Himalaya Wellness deliver impactful shopping experiences to customers through AI-powered conversations, driving faster sales. The tech startup has operations in 25+ countries and supports over 1 ... Read more »

SINGAPORE-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- InvestaX launched a new digital asset security tied to an NFT, another groundbreaking investment product that leverages the best of DeFi (Decentralized Finance) and CeFi (Centralized Finance) that changes the way you can interact and give value back to your investor community.

Bored Ape #2371, a Bored Ape Yacht Club ... Read more »

(BUSINESS WIRE) -- On March 7th of 2022, Sagemcom has been selected by Groupe E for the delivery of its SICONIA™ Software suite composed of:

- A “Multi-energy and scalable Head-End System (HES)”, embedding a Hardware Security Module (HSM) based Key Management System (KMS) complying will state-of-the art industry security standards, and with all swiss and Groupe E security requirements;

- A “Big data-based Meter Data Management system (MDMS)” including analytics, Business Intelligence and advanced integration capabilities with Groupe E IS ecosystem including SAP.

“Digital solutions make it possible, to collect, process and enhance metering data in increasingly complex grids” said Mr. Eric RIEUL, CEO of Sagemcom Energy & Telecom. “As a mission-driven company, Sagemcom is fully committed for a clean and sustainable energy transition. Sharing these values together, we are very proud to support Groupe E by provid ... Read more »

LONDON & SINGAPORE-Tuesday 19 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- MYPINPAD, a global leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a leading provider of payments and agency banking solutions, have agreed to merge. The combined entity will operate under the MYPINPAD brand.

Customers will benefit from greater scale, a wider product offering and the certainty of continued support as the industry moves towards the PCI Security Standards Council's forthcoming Mobile Payments on COTS (MPoC) Standard. The deal positions MYPINPAD as the leading global provider in the rapidly expanding mobile payments acceptance market. The combined entity expects to double its existing footprint in APAC, LATAM and EMEA and target North America in 2022 and beyond.

Richard Forlee, CEO of MYPINPAD said: “We’re thrilled that we can come together with SmartPesa at this time. Their experienced team and strong pr ... Read more »

37 new renewable energy projects totaling 3.5 GW of clean energy capacity

Amazon is on a path to reach 100% renewable energy by 2025, five years earlier than original target of 2030

SEATTLE-Wednesday 20 April 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Amazon (NASDAQ: AMZN) today announced 37 new renewable energy projects around the world, marking significant progress on its path to power 100% of its operations with renewable energy by 2025—five years ahead of the original target of 2030. The new projects increase the capacity of Amazon’s renewable energy portfolio by nearly 30%, from 12.2 gigawatts (GW) to 15.7 GW, and bring the total number of renewable energy projects to 310 across 19 countries. The additional 3.5 GW of clean energy capacity from these new projects extends Amazon’s leadership position as the world’s largest corporate buyer of renewable energy, and advances its efforts to meet The Climate Pledge, a commitment to be net-ze ... Read more »