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Comcast and Mt. Hood Cable Regulatory Commission Commit $2 Million to Shrink Digital Divide in Multnomah County

Comcast Oregon / SW Washington

Comcast and the Mt. Hood Cable Regulatory Commission today announced a new $2 million investment in Free Geek, a leading local non-profit advancing economic equity through technology training and career building. This investment will help the most disconnected communities in Multnomah County get online and receive the resources, devices and technology education needed to advance digital skills for education and work, enhance economic mobility, and promote digital equity. “We see firsthand that the digital divide continues to be a persistent challenge for communities in Multnomah County. East Portland, Gresham, Fairview, Wood Village, and Troutdale are home to some of our most disconnected communities. More than 3,000 residents do not own a computer and many others don’t know how to use it effectively,” said Juan Muro, Executive Director, Free Geek. “This investment will ensure that these families have the same benefits as others and their children have access to online resources to be successful in school.” Free Geek will use the investment to help bridge the digital divide by working to connect more people to the internet and getting devices into the hands of people who need them. In addition, Free Geek will serve as consultants to enable community partners to expand their own digital equity programs in alignment with the region's Digital Equity Action Plan, which is focused on helping the most vulnerable communities in Portland and Multnomah County. "All Oregonians should be able to access the internet in order to connect with educational, health care, and economic opportunities," Governor Tina Kotek said. “Together, with public and private partners, we are working towards a common purpose of empowering individuals to get online, enhance digital skills, and advance economic mobility.” Free Geek will also bring additional capacity to its network of community partners as they work to remove barriers to broadband adoption. This includes addressing the lack of awareness about how to participate in the federal government’s Affordable Connectivity Program (ACP), which provides eligible low-income households with a credit of up to $30 per month toward their internet and/or mobile service – $75 per month on tribal lands, as well as the wider availability of free digital skills programs. “The MHCRC has a long history of advocating for digital equity through access to and use of telecommunications technology through public-private partnerships. We are excited to be able to partner with Comcast and Free Geek to bring this resource to the community at a time when funding and support for local efforts in urban communities is limited,” said Julia DeGraw, Chair, MHCRC. Today’s announcement is the latest example of investment in Oregon under Comcast’s Project UP program, a comprehensive initiative to advance digital equity and help build a future of unlimited possibilities. Earlier this year, the company invested $300,000 to advance digital equity and economic opportunity in the greater Portland area. At that time, Comcast and Free Geek joined together to launch a Lift Zone, which provides free WiFi at the new Center for Technology Education & Digital Equity, and scale a Digital Navigators program that will help connect more people in the area to the internet and teach them how to use it. “While high-speed internet is widely available in Multnomah County, the unfortunate reality is that not everyone has the resources and digital skills they need to benefit from it,” said Comcast Pacific Northwest Region Senior Vice President Rodrigo Lopez. “By continuing our partnership with Free Geek, we are creating a more prepared and inclusive workforce and ensuring that communities in the Greater Portland area are not left behind.” Over the last three years, Comcast has provided $5.8 million in financial and in-kind charitable contributions to Oregon nonprofits. These contributions support local community programs that help establish and promote the company’s Digital Equity Network in Oregon. The efforts also enable partner organizations to acquire technology equipment, provide digital skills trainings, and offer opportunities for community members to explore and train for careers in tech-related fields, or to develop the kinds of technology skills that can help them launch and grow their own businesses. Thanks to the ACP, eligible Comcast customers can get home Internet either through Comcast’s Internet Essentials or Internet Essentials Plus service tiers at no cost, once the federal credit is applied. Internet Essentials customers can also add a line of unlimited 5G cellular data ($45/month) through Xfinity Mobile for as little as $24.95/month, after the ACP benefit is applied. For more information about Project UP and Comcast’s commitment to education and digital equity, please visit https://corporate.comcast.com/impact/project-up. To apply for ACP or Internet Essentials visit www.Xfinity.com/free or www.internetessentials.com or call 1-855-846-8376 for English or 1-855-765-6995 for Spanish. About Mt. Hood Cable Regulatory Commission: Mt. Hood Cable Regulatory Commission represents the cities of Fairview, Gresham, Portland, Troutdale, and Wood Village, and Multnomah County. The Commission is comprised of eight volunteers who represent the communities’ cable communications technology needs and collaborate to ensure the region benefits from cable service franchise agreements. About Free Geek: Free Geek is a Portland-based non-profit organization with a mission to repurpose technology and discover sustainable solutions while providing educational resources. Its ultimate aim is to foster a vibrant community where individuals are empowered to unlock their full potential. Through their dedicated efforts, they strive to transform the world by leveraging technology, sustainability, and education to create a brighter, more inclusive future, where every individual has the opportunity to thrive and make a meaningful impact. About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Contact Details Rachael Arnold +1 503-924-9272 rachael_arnold@comcast.com Company Website https://oregon.comcast.com/

December 07, 2023 10:00 AM Pacific Standard Time

Kontrolmatik's (IST:KONTR) Milestones in Shaping the Future of Energy and Automation

Kontrolmatik Technologies

In the ever-evolving landscape of green energy and automation, Kontrolmatik (IST:KONTR), a forward-thinking technology conglomerate, stands at the forefront, strategically advancing its initiatives. With a focus on innovation and sustainability, the company's flagship products, Pomega energy storage systems, and Controlix IoT applications, are not only making significant strides domestically but are also gaining recognition on the global stage. Situated in Polatli/Ankara, at the heart of Türkiye, Pomega's energy storage systems feature prismatic Lithium-Iron Phosphate (LFP) battery cells with wide-ranging applications. From solar and wind energy storage to high-power electric vehicle charging stations, industrial machinery, heavy vehicles, marine transportation, and residential power units, these systems showcase versatility and reliability. The company has initiated the first phase of operations by commencing the supply of advanced energy storage systems to industrial facilities and renewable energy power plants. The robust project pipeline involves key entities in Türkiye, signaling a groundbreaking effort towards fostering a more adaptable and environmentally friendly energy supply within the nation. The need to address climate change through energy transition, energy storage and electrification of transportation is driving demand for batteries on a global scale. LFP batteries is the safest type of battery technology because they have less chance of thermal runaway caused by overcharging, internal fault, physical damage and heat. Global LFP battery demand is expected to double by 2028 driven by accelerated transition to renewable energy sources. Responding to the increasing demand for energy storage systems, Pomega plans to expand its current annual capacity from 500 MWh to 3 GWh during 2024, with the support of project financing from local and international banks. The significance of Pomega's energy storage systems on a global scale is highlighted by Kontrolmatik's (IST:KONTR) Chairman, Sami Aslanhan. In an industry typically dominated by battery manufacturing giants headquartered in China, Pomega aspires to become a pivotal player in Europe and its neighboring regions, filling a void left by the absence of representation from Europe, the Middle East, the USA, or Central Asia among the top manufacturers. Ongoing receipt of international certifications, segmented across a diverse array of products, further underscores the Pomega's commitment to quality and international compliance. Expanding its portfolio, Kontrolmatik (IST:KONTR) is poised to establish a mass production facility in Polatlı/Ankara for High Voltage Gas Insulated Switchgear (GIS) under the Kontrolmatik (IST:KONTR) brand. With R&D, engineering, and prototype studies completed, international certification tests are expected to conclude by the 1st quarter of 2024, paving the way for mass production in the 2nd quarter of the same year. This marks a significant stride towards increasing electrification products and services. In a groundbreaking move, Kontrolmatik (IST:KONTR) has entered into a technology transfer and license agreement with Chint Electric Co Ltd for the engineering and production of the 245kV High Voltage Gas Insulated Switchgear. This strategic partnership not only marks a first-of-its-kind in Türkiye but is also poised to contribute substantially to the national economy through import substitution and export potential. Within the automation sector, Kontrolmatik's (IST:KONTR) Controlix is actively engaged in innovative IoT projects, including a remote meter reading pilot project across four metropolitan cities aimed at addressing water leakages in rural areas. The company is also making strides in industrial applications, such as the personnel fall tracking project in a chocolate factory, where Controlix's IoT technology enhances safety measures. In the transportation sector, Controlix has embarked on IoT product development for car-sharing companies, exploring alternative communication methods, in-vehicle network solutions, and vehicle information collection. Meanwhile, in the healthcare sector, the company's delivery of IoT modules and gateways to city hospitals has initiated an emergency monitoring project, enhancing security conditions within healthcare facilities. Controlix's global expansion is evident through the testing of meter reading products in the European market and the provision of solutions to diverse sectors such as healthcare, industrial facilities, hotels, and fuel stations. These ongoing projects exemplify Controlix's commitment to cutting-edge technology, strategic partnerships, and a comprehensive approach to solving challenges in various industries. As Kontrolmatik (IST:KONTR) continues to innovate and expand its horizons, it solidifies its position as a trailblazer in the convergence of green energy and automation, extending its influence from Türkiye to a global scale. Discover captivating details within Kontrolmatik's (IST:KONTR) activity reports https://www.kontrolmatik.com/activity-reports and investor presentations https://www.kontrolmatik.com/presentations About Kontrolmatik Technologies Since 2008, Kontrolmatik Technologies has been providing end-to-end digital solutions in the areas of energy generation and transmission, energy storage and Internet of Things (IoT), developing innovative and green technologies for a sustainable and carbon-neutral planet. Kontrolmatik's core business is brand-independent energy system integration and automation. To date, more than 300 projects have been implemented in over 30 countries in collaboration with supranational financial institutions (World Bank, IFC, EBRD, etc.). Kontrolmatik is listed on the Istanbul Stock Exchange (approx. $1.5 billion market capitalization). Contact Details Kontrolmatik Technologies Natalija Kostrikova +90 536 599 05 77 natalija.kostrikova@kontrolmatik.com Company Website https://kontrolmatik.com/en/

December 07, 2023 11:30 AM Eastern Standard Time

Video

No Remote Identification, no flying. Remote ID Becomes Mandatory for Drone Pilots in the EU and will reshape the commercial use of drones

Dronetag

Most pilots will need drones equipped with the built-in RID feature or use RID transmitters attached to the drone body. There is not much time left to comply. In its latest official statement, EASA affirmed that RID will become mandatory for all pilots in the EU. All drones flying in the Specific category (advanced operation including BVLOS, over 25 kg drones, dropping material or flying higher than 120 meters, for example) and all drones with class marks operating in the Open category (mostly leisure drone activities and low-risk commercial activities) will be required to operate with an active and up-to-date RID system. There are two ways to satisfy this condition: flying a C-class drone with RID built-in (C1, C2, C3, C5, C6) or retrofitting older drone models with a RID module attached to the drone body. RID technologies allow authorities and any member of the public to identify drones remotely using a smartphone app or dedicated receiver. Identification data transmitted may include the drone’s serial number, operator registration number, remote pilot position or, if not available, take-off point, and drone’s location. The main goal of RID adoption is to enhance the safety of unmanned aircraft systems operations. Dronetag is Ready for the New Regulation For pilots who must purchase the required RID module for their drone to stay compliant in 2024, the Dronetag company has the solution ready. “Our Dronetag Beacon is one of the first devices listed on the EASA website as fully compliant with the new regulation,” describes Lukas Brchl, CEO of Dronetag, what his company offers. According to his words, pilots should not ignore the upcoming change: “To avoid problems that framed the start of RID in the USA earlier this year, drone operators should get their RID module in advance if they want to use their drones in 2024 safely. The production capacities of all suppliers are limited, so my only advice is to act now. Dronetag team put immense effort into scaling production to the maximum, but we already accept orders with deliveries at the end of January 2024.” Dronetag also offers an OEM solution tailored for drone manufacturers, seamlessly integrating Remote ID functionality into newly manufactured drones. The compact and cost-effective DRI module ensures immediate compliance, functioning effortlessly right out of the box. Furthermore, Dronetag extends its support to Drone manufacturers, facilitating the certification process with the EASA and guaranteeing compliance with the latest Remote ID regulations for drone sales within the EU. Devices manufactured by Dronetag offer compliance with new regulations and add advanced benefits for pilots in the form of hi-tech features such as flight logging, live flight data measuring and unmanned traffic management tools, to name a few. The Czech company offers a free, unique multiplatform application as a part of their end-to-end solution. According to customers in the US, Dronetag devices deliver one of the longest battery life on the market, packed in lightweight and miniature yet variable devices. Direct or Network RID? Based on Brchl’s recommendation, the Direct RID modules will be the most suitable devices for most pilots. In the Dronetag portfolio, such a device is called the Dronetag Beacon, which transmits identification data via Bluetooth to the drone's nearby surroundings. Professional pilots might appreciate advanced features offered by Network RID devices like Dronetag Mini, which will be compatible with U-Space operations planned in the near future. American Leader Expanding to Taiwan & Asia-Pacific Region Dronetag is currently active in more than 30 countries on four continents and is already coordinating flights across the globe. After similar FAA regulations for the USA went live in September 2023 ( Enforcement got extended for Six Months, literally hours before the rule efficiency, causing challenges for the whole drone market), Dronetag has become the leading supplier of RID devices for commercial drone operators in the USA. “Dronetag covers 70 % of RID device supplies to the American market. In November 2023, we closed a deal with the Drone Nerds, one of the leading drone distributors in the US, which strengthened our position. And we believe that even European drone pilots will find our devices handy and well-crafted,” shares Brchl. The list of recent successes goes on; Dronetag has also been selected by NATO - Defence Innovation Accelerator for the North Atlantic (DIANA) to its program, where the most exciting innovators developing groundbreaking technologies create more than just innovation; the goal is to bring real positive social impact. Dronetag is a manufacturer of Remote Identification devices and platforms for drone pilots and manufacturers. Its add-on transmitters enrich existing drones with a Remote ID capability, while modules are used by manufacturers who built them directly into their drones' internal circuits. Dronetag devices transmit identification and location data to other airspace participants via the Dronetag App, which offers advanced fleet management tools to professional pilots. The company’s vision of safer airspace relies on innovative unmanned traffic management and digitally visible drones. Contact Details Dronetag Jan Jiroušek jan.jirousek@dronetag.cz Company Website https://dronetag.cz/

December 07, 2023 03:15 AM Eastern Standard Time

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Nextech3D.ai receives AI tool from partner, Amazon, to speed up 3D model approval

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news of a significant development for the company's operations involving its largest customer, Amazon. The integration of a new AI tool into the 3D model production pipeline is set to bring about several benefits. The AI tool's primary function is to expedite the quality assessment process for 3D models. It achieves this by automating and streamlining the quality checks traditionally carried out by the company's team of quality assessors. By reducing the time it takes to assess and validate 3D models, the company can significantly shorten its turnaround time. This improvement in efficiency is crucial for meeting customer demands and delivering products promptly. With the introduction of the AI tool, overall productivity is expected to increase by approximately 35%. This boost in productivity enables the company to handle a larger volume of 3D models efficiently. The automation of quality assessment not only saves time but also reduces costs. Gappelberg mentioned that the tool is projected to cut costs by about 25%, which can contribute to improved profitability. The combination of reduced turnaround time, improved efficiency, and cost savings ultimately results in a more competitive and profitable operation. This, in turn, can drive revenue growth for the company. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 06, 2023 01:54 PM Eastern Standard Time

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News Release

Spectra Systems bolsters bottom line with key acquisition of Cartor Holdings Limited

Spectra Systems Corporation

Spectra Systems Corporation CEO Nabil Lawandy joined Steve Darling from Proactive to share news the company has announced a significant acquisition that strengthens its position in the authentication technology sector. The company has added Cartor Holdings Limited to its portfolio in a deal worth $10.5 million. This strategic acquisition is expected to have a positive impact on Spectra Systems' profit margins, particularly in the production of polymer substrates. By integrating Cartor Holdings into the company, Spectra Systems aims to enhance its competitive position in the market, further solidifying its status as a key player in the authentication technology industry. Spectra Systems has been working closely with Cartor for the past two years to develop high-quality conventional and machine-readable polymer substrates. These substrates are essential for various applications, including printing banknotes and security documents for central banks. The acquisition of Cartor Holdings aligns with Spectra Systems' goal of streamlining its production supply chain and delivering top-notch solutions to its clients. This strategic move demonstrates Spectra Systems' commitment to innovation and growth in the authentication technology sector, ultimately benefiting its customers and shareholders alike. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

December 06, 2023 01:20 PM Eastern Standard Time

Video

News Release

Matrixport Forecast Bitcoin To Hit $60,000 As Amount of Chainlink on Exchanges Drop

Total Media

Matrixport has predicted that Bitcoin will reach $60,000 in the coming months as the market prepares for the 2024 bull run. Meanwhile, data shows that Chainlink holdings on exchanges have dropped. Also, Everlodge is preparing for the next stage of its presale and could skyrocket in the coming weeks. Bitcoin (BTC) Price To Hit $60,000 in April According to Matrixport's report on December 1st, Bitcoin is on a bullish trajectory, projected to reach $63,140 by April 2024. This expected increase can be attributed to various factors. They include historical trends, mining reward halving, and favorable macroeconomic conditions. Matrixport has maintained confidence in Bitcoin price to hit $125K after the upcoming halving event. In the "Matrix on Target" report dated November 22nd, it was predicted that Bitcoin would exceed $38,000 by the end of November, with an 80% probability. Subsequently, a rally to $40,000 in December was forecasted with a 90% probability. This Bitcoin prediction is further supported by the buzz surrounding spot Bitcoin ETFs. Chainlink (LINK) Ready To Rise As Holdings on Exchanges Drop Chainlink (LINK) released an updated staking system for LINK holders on November 28th. This staking update likely made Chainlink coin holders more optimistic about the future. According to data from Santiment, the amount of Chainlink held on exchanges decreased to 15.04% of Chainlink's total supply. This level was last recorded in February 2020. Analysts have projected a possible Chainlink price following the drop in available LINK tokens on exchanges. They explained it would lead to a decrease in the pressure to sell the asset. The Chainlink price chart has already been bullish. The price of Chainlink has increased by 33.5% on the monthly chart. Chainlink token is currently stuck between the $13.85 and $15.21 price range. Everlodge (ELDG): Own Properties in Miami and Dubai Aside from Bitcoin and Chainlink, Everlodge (ELDG) has also gained the attention of the crypto space, thanks to its utility and use case. Everlodge has reshaped the real estate industry by introducing an innovative approach to property trading. Traditionally, ownership of luxurious villas in prime locations like Miami and Dubai was limited to a privileged few. However, Everlodge's platform has revolutionized this landscape. It has broadened access to luxury property investments, thanks to its unique NFT fractional ownership model. Additionally, Everlodge has included artificial intelligence to enhance the functionality of its marketplace. The AI tool was designed to monitor real estate trends worldwide. Real-time property value information for particular areas will be provided by the tool. Furthermore, it will assist in identifying markets with great potential as well as those that are undervalued. By representing a user's share in a property, Everlodge uses NFTs to simplify real estate transactions. Priced at $0.025, Everlodge's native token, ELDG, has entered its seventh presale stage. It has benefits like discounts and staking incentives. Its price is expected to rise to $0.50 by 2024's first quarter, according to experts. This prediction is supported by Everlodge's integration into the vast $280 trillion global real estate market. For more information, please visit the Everlodge website. Contact Details Everlodge Media media@everlodge.io

December 06, 2023 01:00 PM Eastern Standard Time

News Release

Solana Price Prediction, What’s The Next Price Target? Meme Moguls Buzz Increases Around Its $10,000 Giveaway

Total Media

Solana’s recent market performance has gotten crypto investors much more interested. Will the story remain the same till 2025? Find out how Solana is predicted to perform in the future and how Meme Moguls can become a smart investment choice. >> Can You Predict The Next 1000x Meme Coin? Become A Meme Mogul Today << Solana (SOL): What Does Solana News Say? Solana's recent staggering performance, with a 520% surge this year, leaves people wondering — Is Solana a good investment? The resolution of Sam Bankman-Fried's trial, (a key Solana investor) seems to have lifted uncertainties around the Solana coin contributing to its increasing success. According to Cointelegraph, more investors are flocking to Solana coin, as Ethereum and Bitcoin face relative decline. Likewise, Solana's price prediction is looking good according to CoinMarketCap. Due to increasing community investors and traders, Solana's price is expected to have a bullish outlook— ranging from $73.85 for the minimum price to $84.24 for the maximum price. This analysis suggests that Solana may still be a good investment in the future. Currently ranking as the 7th largest cryptocurrency by market capitalization price of $23.54B, Solana has already edged a dominating position in the crypto space. As a result, investors can expect to see more uptrend as the year goes by. Meme Moguls (MGLS): Key Investment Strengths Meme Moguls (MGLS) plans to emerge as a compelling investment avenue, being the world's first meme-backed stock market/exchange. Unlike Solana, it’ll be fostering a community-driven ecosystem where users can earn $MGLS tokens and refine meme trading skills. With its innovative concept of memes and trading in an investment landscape, the platform encourages interaction, collaboration, and lively discussions among like-minded individuals, creating a supportive investment environment. Meme Moguls also incorporates a competitive Wealth Leaderboard, which motivates users to showcase their trading skills. You can even claim NFT rewards if you’re active enough in gameplay. Another enticing buzz around Meme Mogul is the “Strategic Presale Initiatives” which include a $10,000 giveawa y for active Twitter users by the end of each presale stage. With the aim to grow big, Meme Moguls targets creating 100 millionaires within three months, positioning itself as a potential 100x token. It also provides a useful meme coin that's predicted to increase 20x in value in the last quarter of the year, especially with the booming global meme industry. You can join now for only $0.0021 before the next price surge. Overall, in contrast to Solana, Meme Moguls presents an excellent opportunity for investors to engage with the evolving crypto landscape while leveraging the popularity of memes and the potential for substantial growth within the $MGLS ecosystem. For more information about the Meme Moguls (MGLS) presale: Website: https://mememoguls.com/ Buy presale: https://app.mememoguls.com/sign-up Twitter: https://twitter.com/meme_moguls Contact Details Meme Moguls PR pr@mememoguls.com

December 06, 2023 12:11 PM Eastern Standard Time

Savi Unlocks the Power of Video for Marcos Pizza

Savi Solutions

Savi, the all-in-one cloud video operations and loss prevention platform for modern multi-site teams, today announced that Marco’s Pizza, one of the nation’s fastest growing pizza brands, has chosen Savi as its cloud video operations provider. Marco’s Pizza has invested extensively in technology and innovation to benefit franchisees’ business operations and improve the customer experience. Marco’s has partnered with Savi to add a cloud-based video operations and loss prevention platform to its 100% cloud-based proprietary technology platform, Marco’s Order Management System (MOMS). “We’ve been building upon strong platforms and adding exceptional additions and functionality that will be a benefit to both our franchisees and customers as we prepare for the future,” said Marco’s EVP and Chief Information Officer Rick Stanbridge. “By investing in creative technology solutions, we’re able to accelerate Marco’s digitalization and allow our brand to respond to the increasing pace of digital change.” The choice of working with Savi not only empowers Marco’s franchisees to prevent loss and increase overall profits today but is a foundational building block to adopt new vision-based AI offerings in the future. “As the point person for the entire MOMS systemwide rollout, I found the Savi platform simple to deploy,” said Milton Molina, VP of Store Technology at Marco’s Pizza. “The Savi team was incredibly diligent and extremely nimble, able to meet our needs every step of the way.” “We believe multi-site businesses deserve more from their video. We are building Savi's cloud-based platform to unlock the power of video. To do that we had to build a true cloud platform that allows operators to take advantage of technology that exists today, and technology that will exist in 3 years, without needing to make onsite infrastructure changes,” said Brock Weeks, Co-Founder and CEO of Savi. “We are looking to be long-term partners with forward thinking brands like Marco’s Pizza and help them and their franchisees plan for the future of technology, while saving time, increasing profitability, and ensuring amazing customer experiences today.” About Savi Savi is the all-in-one platform for modern multi-site teams. With true cloud video on any device, cutting edge AI built for multi-site, and an omni-connected data integrations hub, Savi is a purpose-built platform designed to help operators automate, optimize, and grow their multi-site businesses. Thousands of locations have switched to Savi to transform physical operations with video, connected events, and AI. Learn more at getsavi.com. Contact Details Savi Solutions Cameron Jensen +1 801-808-0243 cameron@getsavi.com Company Website https://getsavi.com/

December 06, 2023 11:27 AM Eastern Standard Time

Over 800 local and international academics and scientists attended the InnoHK Summit 2023

Hong Kong Science and Technology Parks Corporation

HONG KONG SAR - Media OutReach Newswire - 6 December 2023 - Organised by the Innovation and Technology Commission and the Hong Kong Science and Technology Parks Corporation (HKSTPC), InnoHK Summit 2023 was held successfully in Hong Kong Science Park today (December 6), attracting over 800 world-class academics, scientists, representatives of renowned institutes and industry leaders from Hong Kong and around the world. Under the theme of "From Collaborative Research to Real World Impact", the Summit aims to showcase the latest innovation and technology (I&T) developments and breakthroughs of InnoHK, Hong Kong's leading role as a global research collaboration hub, and its strengths in commercialisation and talent development. Organised by the Innovation and Technology Commission and the Hong Kong Science and Technology Parks Corporation (HKSTPC), the InnoHK Summit 2023 was held in Hong Kong Science Park today (December 6). Photo shows Secretary for Innovation, Technology and Industry, Professor Sun Dong (centre); the Chairman of the InnoHK Steering Committee, Professor Tsui Lap-chee (second left); the Permanent Secretary for Innovation, Technology and Industry, Mr Eddie Mak (second right); the Commissioner for Innovation and Technology, Mr Ivan Lee (first left); and the Chief Executive Officer of the HKSTPC, Mr Albert Wong (first right), officiating at the opening ceremony. The Chief Executive, Mr John Lee, gave his welcoming at the Summit by video. Mr Lee said that the InnoHK initiative strives to build a global network of mutual learning and advancement, and the Summit is testimony to the importance attached by the HKSAR (Hong Kong Special Administrative Region) Government to international collaboration for knowledge advancement, addressing global issues, and transforming scientific findings into innovations that benefit humankind. He encouraged the Summit's participants to draw on the spirit of collaboration, and make lasting connections that would lead to more scientific breakthroughs and innovations in Hong Kong. Speaking at the forum, the Secretary for Innovation, Technology and Industry, Professor Sun Dong, said that Hong Kong has always been an open cosmopolitan with a diverse community and remains the only place in the world where global connectivity and the China advantage come together. With the staunch support from the motherland's National 14th Five-Year Plan, and the opportunities brought by the development of the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong is well positioned for I&T development. The Chief Executive had announced the establishment of a new InnoHK research centre focusing on Generative AI in his newly released Policy Address and the preparation for the establishment of the third InnoHK research cluster focusing on advanced manufacturing, materials, energy and sustainable development would commence next year. The Founding President of the Hong Kong Academy of Sciences and Chairman of the InnoHK Steering Committee, Professor Tsui Lap-chee, pointed out in his speech that the exchange of knowledge and ideas by people from different parts of the world has always been crucial to stimulating advances in science and technology while turning scientific findings into solutions with real-world impact requires the collaboration among the academia, industry, government and civil society that transcends traditional sector boundaries. He emphasised that InnoHK encapsulated the two dimensions of collaboration by connecting institutions and researchers across Asia Pacific, Europe and North America and encouraging them to work with the industry to translate their research outcomes into applications. The Chief Executive Officer of the HKSTPC, Mr Albert Wong, also spoke at the forum. He stated that InnoHK is unique due to Hong Kong's high concentration of top researchers and universities, its international connections, and robust government support for I&T. HKSTP is committed to focusing on research and its practical application. It will continuously enhance the ecosystem by attracting more participants, investment funding, and additional resources to solidify Hong Kong's role as a global powerhouse of innovation and technology. The Summit invited representatives from 28 research laboratories of two InnoHK clusters, namely Health@InnoHK, focusing on healthcare technologies, and AIR@InnoHK, focusing on artificial intelligence and robotics technologies to present their latest breakthroughs resulted from their collaborative research. They also shared the challenges faced, and set out targets and vision for future researches. Also, the summit provided a platform for experts from leading local and international universities and industry representatives to exchange valuable insights on I&T topics, covering life sciences' research and development (R&D), artificial intelligence and commercialisation of R&D outcomes, during three panel discussions. They also discussed and exchanged views and ideas on the latest trends and perspectives of I&T research and development to harness the collective wisdom and insights that helps lay solid foundation for Hong Kong's transformation into an international I&T hub. InnoHK is a major I&T initiative of the Hong Kong Special Administrative Region Government to develop Hong Kong as a hub for global research collaboration. Two research clusters have been set up at the Hong Kong Science Park, namely Health@InnoHK, focusing on healthcare technologies, and AIR@InnoHK that focuses on artificial intelligence and robotics technologies. InnoHK involves seven local universities and research institutions as well as over 30 top-notch institutions from 11 economies, pooling together 2,500 researchers locally and from all over the world. Hong Kong Science and Technology Parks Corporation Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 with a mission to position Hong Kong as an international innovation and technology (I&T) hub. HKSTP has created a thriving I&T ecosystem supporting over 10 unicorns with more than 13,000 research professionals and over 1,500 technology companies from 24 countries and regions focused on healthtech, AI and robotics, fintech and smart city technologies. We offer comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures on their I&T journey. Our growing innovation ecosystem is built around our key locations of Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long. The three InnoParks are realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined for a new generation of industry. To support Hong Kong's future development and its growing demands of the I&T industry, HKSTP is actively connecting the city with Shenzhen. This aims to strengthen cross-border exchange, attract technology companies as well as talent from around the world, helping them go global by exploring the mainland China and overseas markets. Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen, opened in September this year with a gross floor area of 31,000 square meters. The two buildings provide both dry and wet laboratories, co-working areas, conference and exhibition spaces, and more. We will focus on attracting enterprises in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability. Through our infrastructure, services, expertise, and network of partnerships, HKSTP will help establish I&T as a pillar of growth for Hong Kong, while reinforcing the city's international I&T hub status as a launchpad for growth at the heart of the GBA innovation powerhouse. More information about HKSTP is available at www.hkstp.org. Contact Details Media contact pr@hkstp.org

December 06, 2023 11:11 AM Eastern Standard Time

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