News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

Electric Air Travel Might Be Coming Sooner Than You Think

MarketJar

Imagine hopping on an electric commuter airplane at a smaller, convenient airport near your home in San Francisco and flying straight to Sacramento in around 20 minutes, instead of battling traffic for over 100 miles for up to two hours. Sounds like a dream, doesn’t it? Well, it turns out that the electric energy transition in the aviation space could be here much sooner than you think and it’s going to be big. As electric aircraft developers prepare for takeoff, some airports are planning ahead to meet the changing needs from the industry. Cleveland Hopkins International Airport is initiating plans to revamp its half-century-old airport with the future in mind, including plenty of electric-charging stations for both aircraft and cars. It may also include space for vertically taking off and landing aircraft and revamped airfield and terminal areas to accommodate smaller, electric-powered vehicles. Baiju Shah, President and CEO of the Greater Cleveland Partnership, emphasizes the importance of forward-thinking: "I think it’s critical for us to look into the future, understand the trends and technology and use that to inform the design." Cleveland Hopkins is currently in the early stages of planning a $2 billion overhaul of its aging terminal with plans to start construction in 2025. While Joby Aviation, a pioneer in electric aircraft, plans to build its first manufacturing plant in Southwest Ohio, other companies are actively developing small, electric-powered regional jets set to carry 30 passengers on short trips of 250 miles or more. The aviation landscape is poised for a transformation similar to the impact electric cars have had on ground transportation. Kevin Burke, President and CEO of Airports Council International-North America, remarks, "This is not the Jetsons, but we’re getting closer to it." Key considerations for airports preparing for an electric aircraft future include accommodating the substantial power demand of these vehicles, adjusting for smaller regional aircraft, and securing approval from regulatory bodies like the Federal Aviation Administration. Progress is already underway, with some experts predicting the presence of electric air taxis in the skies by 2025. The motivation behind this innovation extends beyond convenience, aiming to address the environmental impact of traditional air travel. The shift to electric aviation may take time, but the potential benefits include quieter flights, reduced maintenance costs, and overall lower operational expenses. While the complete electrification of long-distance aircraft might be decades away, airlines are already making strides in introducing smaller electric planes. Surf Air Mobility Inc. (NYSE:SRFM), a leading US regional air mobility platform and the largest commuter airline in the US by scheduled departures, is at the forefront of revolutionizing regional air travel by leveraging electrification and upgrading existing aircraft to substantially reduce the cost and environmental impact of air travel. Surf Air Mobility plans to deploy both electric and hybrid-electric aircraft across its network by upgrading existing aircraft with new engines opposed to developing new electric airplanes from the ground up. With its hybrid electric aircraft, the company can accelerate time to market because it won't need large investments into charging infrastructure to start flying like its fully-electric counterparts. Transforming Regional Air Travel through Electrification In pursuit of this vision, Surf Air is collaborating with commercial partners to develop electrified powertrain technology, aiming to retrofit existing fleets with electric propulsion and introduce electric aircraft on a large scale to the market. The company's leadership team, possessing extensive expertise in aviation, electrification, and consumer technology, is steering this ambitious initiative. Surf Air Mobility Inc. (NYSE:SRFM) plans to utilize regional airports, 5,000 of which are significantly underused, fostering shared private and commercial-like air services with small turboprop planes. With plans to expand across 30 regional networks, the company leverages its tech-enabled regional air mobility platform, enhancing accessibility to existing aircraft and pilot assets in the marketplace. Following its debut on the public market, Surf Air Mobility announced an exclusive partnership with Textron Aviation Inc., a subsidiary of Textron Inc. This strategic collaboration includes an order for 100 Cessna Grand Caravan EX aircraft. Deliveries of the initial 20 Cessna aircraft are scheduled to commence in the first half of 2024. These planes will undergo conversion to incorporate Surf Air Mobility 's proprietary electric or hybrid-electric powertrain technology. Surf Air Mobility aims to democratize access to electrified aircraft for both new and existing operators, intending to offer customers the advantages of cost-effective, low-emission air travel on a large scale. Additionally, the company will be the exclusive provider of certain battery electric and hybrid electric powertrain technology for the Cessna Grand Caravan to Textron Aviation. Surf Air Mobility plans to deploy both electric and hybrid-electric Cessna Grand Caravan aircraft across its network, facilitating direct short-haul services to connect more airports. Simultaneously, the company aspires to establish a regional mass transport platform that fosters sustainable connectivity among communities throughout the US. The anticipated benefits of the new electrified architecture include a substantial reduction in direct operating costs, with targets ranging from up to 25% to 50%, and a significant decrease in direct carbon emissions, with targets ranging from up to 50% to 100%, all while maintaining performance levels similar to the current models. Importantly, these aircraft have the potential to be operational at over 5,000 public-use airports across the US, with no need for charging stations in the case of hybrid-electric powertrain versions. Indeed, the dawn of the electric aircraft transition is coming and Surf Air Mobility are gearing up to fuel the evolution with greener, more affordable travel. Click on this link or check this investor presentation for more insights into Surf Air Mobility Inc. (NYSE:SRFM). Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Surf Air Mobility Inc. Market Jar Media Inc. has or expects to receive from Surf Air Mobility Inc..’s Digital Marketing Agency of Record (Native Ads Inc.) thirty-two thousand, eight hundred and ten USD for 36 days (26 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on PressReach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on PressReach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Surf Air Mobility Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Surf Air Mobility Inc.’s industry; (b) market opportunity; (c) Surf Air Mobility Inc.’s business plans and strategies; (d) services that Surf Air Mobility Inc. intends to offer; (e) Surf Air Mobility Inc.’s milestone projections and targets; (f) Surf Air Mobility Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Surf Air Mobility Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Surf Air Mobility Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Surf Air Mobility Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Surf Air Mobility Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) Surf Air Mobility Inc.’s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Surf Air Mobility Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Surf Air Mobility Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Surf Air Mobility Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Surf Air Mobility Inc.’s business operations (e) Surf Air Mobility Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Surf Air Mobility Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Surf Air Mobility Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Surf Air Mobility Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Surf Air Mobility Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Surf Air Mobility Inc. or such entities and are not necessarily indicative of future performance of Surf Air Mobility Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 15, 2023 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

NAFA Opens Registration for Annual 2024 Institute & Expo

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce that registration is open for NAFA 2024 Institute & Expo (I&E). This conference is the industry’s largest gathering of fleet and mobility professionals, convening April 22-24, in San Antonio, TX. Attendees can now register at www.nafainstitute.org. Spanning three days, NAFA I&E is the industry’s leading fleet event, attracting fleet professionals representing various sectors including corporate, government, public safety, utility, education, and more. I&E offers a blend of education, impactful conversations, networking opportunities, and products and services from the industry’s leading suppliers. “NAFA I&E is not just a gathering of fleet professionals, but a confluence of innovation, inspiration, and industry transformation,” said Bill Schankel, CAE, NAFA CEO. “In these halls, we don’t just discuss the future of fleet management – we shape it.” Nearly 2,000 fleet and mobility professionals attended NAFA 2023 I&E. NAFA is excited to welcome even more industry professionals to this year’s I&E, which is centered around the theme of “New Frontiers. Big Possibilities.” This theme encapsulates the many new frontiers that are impacting the industry, like autonomous vehicles and EVs, while providing BIG opportunities for the industry. The I&E agenda includes over 35 hours of education sessions, state of the art exhibits, unparalleled networking and relationship building opportunities, specialty learning offerings and the chance to interact with hundreds of innovative product solutions from the Expo Floor. Here’s a closer look at what attendees will experience throughout I&E 2024: NAFA’s second annual Innovations Showcase, invites attendees into an interactive innovation zone on the Expo floor where they can explore the exciting new products and product updates being launched by exhibiting companies. A Vehicle Ride & Drive, powered by Bobit, in which attendees can experience the latest models, electric and alternative fuel vehicles, and cutting-edge technologies behind the wheel. CAFM Live, slated for April 21-24, this program will cover all eight Certified Automotive Fleet Manager (CAFM) certification modules and allows attendees to accelerate preparation for the CAFM exam. Three informative Pre-Conference Events, providing attendees the ability to dive into concentrated topics: Sustainable Fleet Management, Asset Management, and the Leadership Development. Over 35+ hours of education sessions, focused on the following education tracks: Emerging Technologies Law Enforcement Leadership Operations Management Strategy Sustainability View the full NAFA 2024 I&E preliminary program here. More information on the lineup of educational sessions and speakers will be released leading up to the event. Prospective exhibitors are encouraged to secure their space early to ensure prime placement in the Expo Hall. For more information about reserving an exhibit booth, please visit NAFA’s website. Sponsorship opportunities can be secured here. This year’s current sponsors include Bestpass Inc., FASTER Asset Solutions, Geotab, Holman, Legend Fleet Solutions, Merchants Fleet, Samsara, Stellantis, U.S. Bank Voyager, WEX and Wheels, Inc. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

November 14, 2023 10:00 AM Eastern Standard Time

Article thumbnail News Release

AmeriLife Gives Back Foundation Names Honor Flight Network as Inaugural Partner

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that its philanthropic arm, the AmeriLife Gives Back Foundation, has chosen the Honor Flight Network as its inaugural, national partner. Founded in 2022, the AmeriLife Gives Back Foundation honors the company’s legacy of giving while helping to connect its growing business, philanthropic and volunteer endeavors. The foundation – through donations of time, money and other resources – focuses on causes that enable the senior community in furtherance of AmeriLife’s commitment to helping people live longer, healthier lives. “As a values-driven company, giving back is in AmeriLife’s DNA and has been an important part of who we are for more than 50 years,” said Scott R. Perry, chairman and CEO of AmeriLife. “I’m incredibly excited that we’re joining forces with the Honor Flight Network, and I can’t wait to see what the future holds for our partnership.” The Honor Flight Network is a national nonprofit that honors America’s military veterans – especially those who served during World War II, the Korean War and the Vietnam War – by bringing them, free of charge, to Washington, D.C. to visit the memorials that commemorate their sacrifice and service. Since 2005, Honor Flight Network has transported more than 300,000 veterans from all 50 states and Puerto Rico to our nation’s capital, and continues to expand its network of more than 125 hubs across the country in an effort to serve even more veterans and their families. In doing so, the Honor Flight Network and its partners deliver gratitude and appreciation for veterans’ contributions to our freedoms, offering them an opportunity to meet other veterans, remember the fallen, and share their stories and experiences. “Honor Flight Network is tremendously grateful for the generous support from AmeriLife,” said Meredith Rosenbeck, CEO of Honor Flight Network. “We are fortunate to call them a valued partner, recognizing and validating our important mission to honor America’s heroes. In joining forces with Honor Flight, AmeriLife is setting the standard of giving with gratitude, and we look forward to a rewarding partnership ahead.” “We’re privileged to be counted among Honor Flight Network’s partners and look forward to a long and rewarding relationship,” added Jim Quinn, Chief Financial Officer for AmeriLife. “Today’s donation opens up exciting opportunities for AmeriLife’s employees and partners to volunteer in support of future Honor Flight Network trips, helping to create memorable experiences for so many of our nation’s heroes.” For more information on the Honor Flight Network and to support its mission directly, donate or volunteer today at HonorFlight.org. To learn more about the AmeriLife Gives Back Foundation, visit us online at AmeriLife.com/GivesBack. ### About Honor Flight Network The Honor Flight Network was formed in 2005 with a mission of honoring our nation’s veterans by bringing them to Washington, DC to visit the memorials and monuments dedicated to their service and sacrifice. The Honor Flight Network is currently comprised of over 130 hubs throughout the country dedicated to carrying out the Honor Flight mission. In addition to World War II veterans, the organization transports those who served in the Korean War, Vietnam War, intermediary operations, and in special cases of terminal illness or injury, veterans from more recent service eras. Since 2005, the Honor Flight Network has taken more than 250,000 veterans to Washington D.C. For more information, visit honorflight.org. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as a leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details AmeriLife Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Honor Flight Network Marion Watkins +1 202-302-4937 mwatkins@honorflight.org Company Website https://amerilife.com/

November 09, 2023 10:00 AM Eastern Standard Time

Article thumbnail News Release

Lopez Performance and Sean Smith Designs debuted 1969 Chevrolet Camaro "Illicit" at 2023 SEMA Show

Lopez Performance

“The concept for 'Illicit' was inspired by modern muscle car innovation such as the ZL1,” said designer Sean Smith. “Jesus Lopez from Lopez Performance wanted to keep the classic silhouette of the ’69 Camaro while accenting it with contemporary design cues such as aero parts forged from carbon fiber, a better stance, and more. “After agreeing on the exterior sketches with owners JR and Celeste Villarreal, we focused on 3D design to create the splitters, rocker panels, hood and decklid spoiler,” Smith continued. “Designing on the computer allowed us to refine the proportions and details such as the fillets and specific radii. The trick was balancing our re-imagining with classic details such as the multi-piece billet grille.” Engineered by Martin Horton at Blue Point Scan and machined by EVOD Industries, what appears at first sight to be a classic ’69 Camaro grille is actually a multi-piece design with precise carbon inlays. It’s the mouthpiece for the 1200hp Dart LSX engine that lurks under the Lopez Performance carbon fiber hood manufactured by Speedkore. Fitted with a 2.9L Whipple supercharger, the Dart features an industry-leading Aeromotive fuel system to ensure consistent power using an in-tank TVS Brushless Pump, Extreme Flow EFI Regulator, and Pro-Series in-line filter. Drawing from The Aeromotive Group’s portfolio of companies, stainless steel Doug’s Headers were connect to a 3” stainless steel custom exhaust with low-profile mufflers from JBA Performance Exhaust. Custom colored Taylor wires were also fitted to provide consistent spark to the Dart. The engine is backed by a Bowler-built T56 Magnum six-speed transmission connected to the very first all-carbon fiber ProMod driveshaft, which was custom-developed by Aeromotive for “Illicit.” With the powertrain resolved, the stunning paint was created by Jesus and the Lopez Performance crew. “We wanted something shocking yet seductive. We mixed up Solar Bronze, which flips from a honey hue to a bright bronze with muted charcoal mid tones. In sunlight, the car looks like it’s on fire as you move around it. The effect is sensational and the tones work well with the black trim and carbon fiber accents that create contrast on our high-horsepower build,” Lopez told us. Designed by Smith, the interior was created by Gabe’s Custom Interiors in San Bernadino, CA. As a family business run by Jesus’ father, the interior combined luxury and performance elements, the Camaro features custom Recaro seats featuring carbon fiber rear shells and upholstery by Gabe’s in truffle brown leather accented with vanilla. Following Smith’s designs, Gabe’s Custom Interiors created the new dashboard and center console, as well as a aluminum instrument cluster that was 3D modelled and milled before gauges from Classic Instruments were installed. The steering wheel was also designed and machined specifically for this application. The finished result is a stunning interpretation of the iconic ’69 Camaro that was unveiled in The Aeromotive Group booth at the 2023 SEMA Show and will be seen at numerous shows throughout the year. EDITOR’S NOTE Location photography of the car and the full spec list is available here: https://www.dropbox.com/sh/ns6o0nm6u5829k0/AAC2bX-L46ZWSoK5rVgArHVsa?dl=0 Sean Smith renderings of the 1969 Camaro ‘Illicit’ are available here: dropbox.com/sh/uu8473d6zn94alz/AACahIs1IxJqIpbQhud72xELa?dl=0 ABOUT LOPEZ PERFORMANCE Lopez Performance has worked with the best in the industry to claim its rank among the top American car builders. With numerous awards going to this families business dating back to many popular Boyd Coddington designs, the family business is responsible for cars featured on countless magazine covers, Good Guys awards, SEMA awards, and more. Please visit lopezperformance.com for more information Contact Details Greg Emmerson greg@theidagency.com Company Website https://lopezperformance.com

November 09, 2023 06:55 AM Pacific Standard Time

Image
Article thumbnail News Release

GSM launched electric taxi service in Laos, aiming to promote green mobility in Southeast Asia

VinFast Auto

VIENTIANE, LAOS - Media OutReach - 9 November 2023 - Vietnam's Green and Smart Mobility JSC. (GSM) has launched its pure electric taxi service in Vientiane, Laos, under the brand name "Xanh SM". Expanding into the first foreign market marks a step further in GSM's "Go Green Global" strategy to establish itself as an international electric mobility services provider and promote the adoption of green mobility beyond borders. Opening ceremony of Xanh SM electric taxi in Laos. Xanh SM Laos embraces the customer-centric approach of its Vietnamese counterpart and pledges to provide eco-friendly transportation services. The company commits to providing customers with 100% pure electric vehicles and 5-star service standards including premium vehicle quality, and a dedicated team of professional drivers that contribute to enhancing the standard of passenger transportation services in the "Land of a Million Elephants". Starting from November 9, 2023, residents of Vientiane and international tourists visiting Laos will have a convenient way to book taxi services through the Xanh SM Laos application. This application can be easily downloaded from the App Store and Play Store. In addition, customers will still have the option to hail taxis directly from the streets. Every trip's route and fare information will be made transparently available to ensure clarity and convenience. Initially, Xanh SM Laos will employ the VinFast VF 5 Plus electric cars in their signature cyan color for its taxi fleet. Currently, the company is operating primarily in Vientiane Capital. The plan is to increase the fleet to 1,000 vehicles and expand to other popular destinations like the tourism town of Vang Vieng (Vientiane), as well as other provinces and cities such as Luang Prabang, Savannakhet, and Champasak in the coming phases. Xanh SM electric taxi on the roads of Laos. Xanh SM Laos is planning to expand its operations throughout the country and is expected to create thousands of new job opportunities for local residents. These opportunities offer attractive career development prospects and come without requiring initial capital investment while providing optimal income and professional training. In particular, Green SM drivers will be oriented to become "green ambassadors" that directly connect the brand with customers and contribute to enhancing Laos' eco-friendly image. In addition to providing high-quality, zero-emission transportation services, GSM aims to stimulate the widespread of electric vehicles by developing a green mobility services ecosystem. This includes electric vehicle leases, and advanced services such as package car rental, travel, and personalized car rental. By adopting this holistic approach, GSM works towards leveraging the overall experience of green transportation and making electric mobility accessible to everyone. Mr. Nguyen Van Thanh – Global CEO of GSM said: "Launching Xanh SM Laos is a special milestone that marks the beginning of GSM's global expansion journey. We will keep exploring and innovating to create a unique fusion of local culture with international service standards that promises to deliver an exceptional experience to local residents as well as international visitors in Laos. The triumphant Xanh SM Laos will be a significant driving force behind GSM's global expansion. Working alongside VinFast, GSM is determined to push forward eco-friendly mobility worldwide, paving the way for a better and more sustainable future for all." In April 2023, GSM was established and launched in Vietnam as the world's first multi-platform green transportation model. It operates with a fleet of 100% electric vehicles. Within just 6 months of its operation, GSM has experienced extraordinary growth, providing over 6 million rides, and earning high compliments from both ultimate consumers and transportation companies. GSM is set to expand quickly to other Southeast Asian countries following its success in Laos. The company's ability to offer its ride-hailing services through multiple platforms - including the app, call center, and on-the-road bookings - provides it with a significant competitive advantage both regionally and internationally. These core competencies will be crucial as GSM pursues its "Go Green Global" strategy, charting a course to become the one of fastest-growing international ride-hailing service providers in the region. Customers can find more information about Xanh SM electric taxis in Laos via the website: https://www.xanhsm.com/laos/ or download the Xanh SM Laos app via the following links: Android: https://bit.ly/XanhSMLaos1 iOS: https://bit.ly/XanhSMLaos2 Contact Details VinFast Media Contact v.chidqd1@vingroup.net Company Website https://www.xanhsm.com/laos/

November 09, 2023 05:43 AM Eastern Standard Time

Image
Article thumbnail News Release

ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its JustEnough Retail Planning and Execution suite, making major advancements in its Assortment Planning and Allocation capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations lower inventory, ensure product availability, and improve customer satisfaction across channels. “As a longtime partner, we have seen firsthand why the JustEnough solution is a leader in retail planning and execution worldwide,” said Greg Marmulak, Founder and Managing Partner, Inventory Worx. “Thanks to this technology, we can better equip our customers to adapt to marketplace changes, ensuring customer satisfaction while supporting business goals and streamlining processes. We’re excited to implement these new enhancements and continue developing our supply chain best practices in collaboration with ToolsGroup.” JustEnough v2023.3 delivers: · Enhanced target creation in Assortment Planning that supports user-defined update periods and returns choice recommendations corresponding to those product updates. · Upgraded attribute cluster management that saves users time by enabling bulk/aggregate changes across clusters with a common attribute. · Accelerated processing time that further improves best-in-class Allocation capabilities and system performance. “We are eager to share these enhancements with our customers, whose direct feedback, along with ToolsGroup’s focus on continuous improvement, has helped guide our roadmap development,” said Sahil Gupta, ToolsGroup’s Chief Product Officer. “We value our customers as partners, and through partnering with our customer base, we’ve developed a solution that better incorporates the fine art of assortment planning into the deep science inherent in the system.” “ToolsGroup’s customer-centric innovation helps over 400 companies around the world achieve competitive, efficient, and profitable supply chains,” said ToolsGroup CEO, Inna Kuznetsova. “Our close collaboration with these organizations has garnered us industry recognition and – more important – the respect and trust of our customers. We’re proud to deliver the best-in-class solutions that drive their continued success, improve supply chain efficiency, and enhance business performance.” Customers and analysts alike recognize ToolsGroup as a retail planning leader. See the full list of accolades HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

November 07, 2023 10:00 AM Eastern Standard Time

Image
Article thumbnail News Release

Planning Your Next Winter Getaway with Priceline

YourUpdateTV

The holiday and winter travel season is just around the corner, and now is the time to think about where you want to go, what you want to experience, and most importantly – how to find the best price. Recently, Travel Expert, Jo Franco, teamed up with Priceline on a nationwide satellite media tour to discuss the season’s top travel destinations and some tips to help you save. According to recent Priceline data, the top destinations in the U.S. for holiday travel are entertainment hotspots like New York City, Las Vegas, and Los Angeles. To take the stress out of holiday travel planning, Priceline introduced Trip Intelligence, a suite of 40 new booking tools and Gen AI features to help research and personalize your plans. Penny, Priceline’s brand-new checkout chatbot, is available to help answer any questions about bookings, including information about nearby restaurants and attractions. In addition, Priceline’s new Flight Rebook tool allows users to easily rebook flights with their airline credits directly through Priceline, helping travelers avoid long lines or time spent waiting on hold. On top of their everyday deals, Priceline is offering even bigger savings this holiday season. Their Black Friday early access sale kicks off on November 6th with amazing deals. You can save 30% or more on thousands of hotels in over 80 countries. Not only that, we’ll also see the return of Priceline's mystery coupons. Priceline email subscribers will receive mystery coupons, which could be for up to 99% off Express Deals. For more information, visit Priceline.com or download the Priceline app. About Jo Franco Jo Franco is a well-known Travel & Language Content Creator, Polyglot, Writer, and TV Host. She has created over 600 videos on the internet across two YouTube channels (DamonAndJo + Jo Franco) with over 1.3 million subscribers. She has been creating content for a decade in several languages including English, French, Portuguese, Spanish, and Italian. She is the CEO of JoClub, a journal club that hosts live journaling sessions of introspection both in English, and several other languages, she has her own Podcast, Not Your Average Jo, and she has worked as a TV host for Netflix’s World’s Most Amazing Vacation Rentals. Jo grew up as a Brazilian immigrant in a small town in Connecticut and received an international business degree in NYC. Jo’s experience in the travel space, as well as building communities and businesses, has landed her a spot on the Forbes top travel influencer list. She’s spoken at prestigious events such as South by Southwest (SXSW) and is on the board of EEqual, a non-profit serving homeless youth in their college careers. Jo believes in inspiring a global community to improve themselves through learning languages, cultures, financial literacy, adventure, and inclusion. About Priceline Priceline, part of Booking Holdings Inc. [NASDAQ: BKNG], has been a leader in online travel for twenty-five years. Priceline's proprietary deals technology pairs negotiation with innovation to analyze billions of data points to generate deep discounts for customers they can't find anywhere else. Travelers have access to millions of hotels, flights, alternative accommodations, rental cars, cruises, vacation packages and experiences from trusted brands in over 116 countries around the world, 24/7 customer service and incremental savings when becoming a Priceline VIP. By making affordable travel within reach for all, Priceline helps millions of customers each year be there for the moments that matter to them. Because where your happy place meets your happy price, that place is Priceline. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 01, 2023 12:00 PM Eastern Daylight Time

Article thumbnail News Release

Criminal Gangs Find Opportunity In The Revival Of Air Travel Post-Pandemic

MarketJar

The exhilarating return of air travel post-pandemic brought not just passengers back to airports, but also a less-anticipated group: criminals. With the aviation industry keen to get back on its feet, the rush to rehire has inadvertently laid out a welcome mat for criminal gangs. Fresh alarms are being raised by the US Public Interest Research Group and other international agencies regarding the nefarious attempts by criminal gangs to recruit airport workers. Peter Nilsson, the leader of European law-enforcement group Airpol, underscores the magnitude of the problem, pointing to the rapid post-pandemic rehiring in airports as a vulnerable point. His concerns are echoed globally, from the U.S. Transportation Security Administration to the U.K.’s National Crime Agency. Even a United Nations panel ranks this menace among the top security issues faced by civil aviation. Insider threats are not a novel concern. Yet, the current situation feels markedly different. The aviation sector’s haste to restore its pre-pandemic vibrancy, coupled with the recruitment of thousands with minimal experience and security knowledge, has expanded the problem's scale. For criminal organizations, these inexperienced new hires present perfect targets, with their susceptibility increased due to factors like low wages and growing dissatisfaction in a still-recovering post-pandemic world. From baggage handlers rerouting contraband-filled suitcases to customs officials getting bribed to turn a blind eye, the industry's vulnerabilities have been laid bare. This year alone has witnessed a spike in serious security incidents, surpassing the total for the entirety of 2022. The root of the challenge seems to lie in the unprecedented pressures on resources. Rapid recruitment has outpaced the provision of essential security training. Furthermore, ex-employees, despite being on furlough, still possess access codes to sensitive areas, thereby amplifying the risk manifold. But it's not just external groups orchestrating these crimes. Instances from Miami to Manila highlight that some staff, even those entrusted with ensuring safety like the TSA security officers, have succumbed to temptation, turning pockets into treasure troves. To address these challenges, the Transportation Security Administration (TSA) is rolling out a new mandate that requires physical screening of staff at airports, similar to the checks undergone by passengers, to bring the US closer to meeting international standards. The TSA is also enlisting the help of Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF), a leading technology provider of AI-based next generation detection solutions for protecting secure locations against prohibited weapons and other threats. Next Generation Security Detection Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) is at the forefront of advanced threat detection technology, designed to identify concealed threats in various sectors. The demand for security solutions that ensure public safety has never been more significant. Liberty Defense offers advanced security solutions for detecting concealed weapons in high-traffic areas and places requiring heightened security, such as airports, stadiums, schools, and more. Their HEXWAVE product, under an exclusive license from the Massachusetts Institute of Technology (MIT), along with technology transfer agreements for active 3D radar imaging, delivers discreet, modular, and scalable security to detect metallic and non-metallic weapons without divesting jackets, phones, keys, or wallets. On November 1st, Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) announced that it has secured a $1.25M contract from the Transportation Security Administration (TSA), with potential options bringing the total value to $3.86 million. This newly acquired contract's primary focus is to equip the TSA with Open Architecture (OA) software. Additionally, the deal involves comprehensive end-to-end engineering development and the evolution of the High Definition Advanced Imaging Technology (HD-AIT) Wideband Upgrade Kit. The anticipated outcome of this initiative is to introduce advanced detection capabilities that will transform passenger screening into a smoother, arms-down experience. The aim of the TSA’s On-Person Screening program is to heighten the detection of an extensive range of threats. The goal is to reduce false alarms and minimize physical contact during the screening process. According to the TSA, the Open Architecture approach adopted for this initiative is designed for both software and hardware. Using globally recognized standards, OA ensures cross-platform interoperability irrespective of the technology's origin, be it designer, manufacturer, or supplier. In a parallel move to fortify airport security, Liberty Defense is also joining forces with the TSA to introduce its HEXWAVE walk-through screening portal, an initiative that aligns with the TSA's objective to mitigate insider threats. HEXWAVE, which is currently in production, caters to commercial markets and could serve the growing need for employee screening at airports. This technology is set to work in tandem with the HD-AIT system to bolster passenger screening protocols under the ongoing Liberty -TSA partnership. A brief look into Liberty 's history shows its commitment to aviation security. In March 2021, the company acquired licenses for the millimeter wave-based HD-AIT body scanner and shoe screener technologies. Developed by experts at the Pacific Northwest National Laboratory (PNNL) and funded by the U.S. Department of Homeland Security Science and Technology Directorate (DHS S&T), these technologies are tailored for the TSA's mission. Liberty has now taken the reins, further developing this technology with its dedicated team of engineers. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF) Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. has or expects to receive from Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) ninety five thousand USD for 36 days (26 business days). 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

November 01, 2023 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Ocean Power Technologies announces multiple WAM-V 16s vehicle order from Sulmara

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to to share some exciting news. OPT has secured a substantial volume order from Sulmara, a prominent player in offshore services, for their cutting-edge WAM-V 16 uncrewed surface vehicles. Sulmara is a recognized leader in offshore survey services, and this order represents a milestone achievement as it stands as the largest single order of WAM-Vs in OPT's history. Stratmann emphasized to Proactive the significance of this order, which amounts to a substantial $1.6 million. What's even more remarkable is that production for these state-of-the-art vehicles is already well underway, ensuring that the revenue generated from this contract will be realized within the current fiscal year. The WAM-V 16, celebrated for its exceptional versatility, is poised to revolutionize the way marine data is collected and utilized in the industry. Designed to seamlessly adapt to various marine environments and applications, the WAM-V 16 offers unmatched reliability, maneuverability, and modularity. This innovative technology empowers remote marine operations like never before, opening up new horizons for offshore survey services and marine data collection. Sulmara's decision to place this substantial order is a testament to the confidence they have in OPT's cutting-edge technology and the transformative impact it will have on their operations. As the offshore services sector continues to evolve and demand for precise marine data increases, partnerships like this highlight OPT's commitment to delivering groundbreaking solutions that push the boundaries of what's possible in the industry. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

October 30, 2023 01:26 PM Eastern Daylight Time

Video
1 ... 2324252627 ... 119