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FuelRod Installs Swappable Charger Kiosks at Union Station in DC

Fuel Rod

FuelRod, a leading provider of portable power solutions, today announced the installation of their innovative swappable charger kiosks at Union Station in Washington, DC. FuelRod’s patented two-way exchange mobile charging program will help to keep travelers connected as they pass through the station, and act as the latest addition to their growing network of kiosks both within DC and Nationwide. FuelRod’s installation at Washington Union Station—their second within an Amtrak-serving hub, following a 2023 installation at Los Angeles Union Station—will provide city residents and long-distance travelers alike with portable, environmentally friendly power within the railway station. Visitors will now be able to purchase a FuelRod charging kit or swap an empty charger for a fresh, fully charged replacement at the kiosks to be installed. Washington Union Station is the latest FuelRod location to join an already established network throughout the nation’s capital city. Examples of existing stations in DC include the Walter E Washington Convention Center, Entertainment and Sports Arena, Washington Dulles International Airport, Baltimore/Washington International Thurgood Marshall Airport (BWI), and Six Flags America. “We are extremely proud of the expansion of our FuelRod mobile charging program into Union Station, Washington DC. We have a strong commitment to the traveling public and are focused on continued growth in transportation hubs across the United States,” said COO Joe Yeagley regarding this newest deployment in the nation’s capital. “Staying connected in today’s fast-paced world is more essential than ever, and people on the go should have convenient access to mobile charging regardless of where they happen to be.” The company’s presence in Washington, in turn, is part of a nationwide effort by FuelRod toward a network that people can rely on to stay powered and connected wherever they go. About FuelRod FuelRod is a California-based portable power solutions company and developer of the FuelRod kit—the first reusable, portable charging system that allows you to charge your mobile device on the go, and then recharge or swap for a fresh one. With a growing network of kiosks nationwide, FuelRod can keep your devices powered virtually anywhere you go. Learn more at www.fuel-rod.com. Contact Details Claudio Frescas +1 423-914-9647 claudio@fuel-rod.com Company Website https://www.fuel-rod.com/

February 20, 2024 09:00 AM Eastern Standard Time

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AFC Energy makes progress with Speedy Hire JV; receives first commercial order

AFC Energy PLC

AFC Energy PLC (AIM:AFC, OTC:AFGYF) CEO Adam Bond tells Proactive's Stephen Gunnion that good progress has been made with its Speedy Hydrogen Solutions (SHS) joint venture with Speedy Hire. Bond said the collaboration has led to the company receiving its first commercial order valued at approximately £2 million for fuel cell generators. The company has successfully completed factory acceptance testing for 12 fuel cell stacks and is in the final stages of testing the generator as a whole. This process is critical to meeting contractual obligations with Speedy Hire. Additionally, he said AFC Energy has seen significant market interest, hosting tier-one construction groups, including a visit from Balfour Beatty, and engaging in discussions about potential projects. Internationally, AFC Energy has attracted attention, particularly from the Middle East, continuing to work with Saudi Arabian company Tamgo under an exclusive dealership agreement. Bond also discussed funding awarded under the Clean Maritime Demonstration Competition, earmarked for integrating its ammonia cracker technology with combustion engines in maritime applications. This novel approach aims to support the maritime industry's transition to cleaner energy sources. The company is working towards a feasibility study to demonstrate the integration of its ammonia cracker with a combustion engine, anticipated to conclude by year-end. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 20, 2024 06:56 AM Eastern Standard Time

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From ARK to the Skies: Cathie Wood's Big Bet on Flying Taxi Startups

MarketJar

In the investment world, few names carry as much weight as Cathie Wood. Renowned for her visionary strategies and keen eye for disruptive technologies, Wood’s Ark Investments has made waves with her recent investments in the electric aviation sector. Archer Aviation (NYSE: ACHR), an electric aircraft developer backed by industry heavyweights Boeing and United Airlines, saw a surge in interest after Wood's investment of over $30 million in August. 1 Archer develops electric vertical takeoff and landing (eVTOL) aircraft for urban landscapes with the purpose of establishing a reliable air taxi service. Last summer, the Federal Aviation Administration issued the company's flagship Midnight eVTOL a Special Airworthiness Certificate, allowing it to begin test flights. Archer intends to commence piloted "for credit" flight testing in early 2024 with the goal of obtaining FAA Type Certification. In addition to her investment in Archer Aviation, Wood has also set her sights on Joby Aviation, a leader in the race to develop all-electric air taxis. Through her company Ark Invest, Wood acquired nearly $2 million worth of shares in Joby Aviation (NYSE: JOBY), recognizing the company's potential to transform urban mobility with its innovative technology. Joby Aviation just announced a significant deal with Dubai’s Road and Transport Authority (RTA) to introduce air taxi services in the Emirate by early 2026, with initial operations targeted for 2025. This exclusive agreement, signed at the World Governments Summit in Dubai, grants Joby Aviation the sole rights to operate air taxis in Dubai for six years, positioning the city as a global leader in clean and efficient air travel. With the support of the RTA, including financial backing, Joby aims to establish and expand its service operations seamlessly in Dubai. Amidst the excitement surrounding Archer and Joby, another player has quietly emerged as a frontrunner in the air taxi electrification race: Surf Air Mobility Inc. (NYSE:SRFM ). Surf Air Mobility is the largest commuter airline in the US based on scheduled departures, flying more than 450,000 passengers on ~75,000 flights to 48 destinations in the US in 2022. The company also generated over $100 million in revenue, and has plans to electrify regional air travel across the US and beyond. Unlike its competitors, Surf Air Mobility is taking a different approach. Instead of building electric aircraft from scratch, the company is focused on upgrading existing aircraft with fully electric and hybrid-electric engines once its proprietary powertrain technology is certified. This strategic decision can not only accelerate the electrification process but also leverages the proven reliability and existing market adoption of the Cessna Grand Caravan aircraft, setting Surf Air Mobility apart in the rapidly evolving landscape of electric aviation. Pioneering the Future of Air Travel Surf Air Mobility 's recent collaboration with Electra.aero Inc., a next-gen aerospace company, further solidifies its position as a leader in the electrification of air travel. The partnership will utilize Electra’s hybrid-electric short takeoff and landing (eSTOL) aircraft within Surf Air’s tech-based on-demand air mobility service and its Aircraft-as-a-Service (ACaaS) offering. Surf Air Mobility is also expanding its electrification strategy globally through recent partnerships in Africa and South America. The company's collaboration with Z.Boskovic Air Charters, a prominent figure in Kenya's private charters, safari, freight, and corporate travel scene, marks a significant milestone in its electrification efforts. The agreement entails upgrading Z.Boskovic's existing and forthcoming fleet of Cessna Caravans with Surf Air 's electrified powertrain technology once certified. With Z.Boskovic's current fleet of 13 Cessna Caravans already operational, the company plans to bolster its fleet with two additional Caravan aircraft by the end of 2024, solidifying its status as Kenya's largest charter operator of Cessna Caravans. Surf Air Mobility 's partnership with Safarilink, an airline connecting domestic scheduled flights to destinations within Kenya and Tanzania, and Yellow Wings Air Services, a Kenyan air operator serving over 500 airfields throughout the East Africa region, further strengthens its position in the African market. The agreement will see Surf Air Mobility upgrade existing Cessna Grand Caravan aircraft in Africa with its proprietary electrified powertrain technology once certified, marking a monumental milestone in its efforts to expand its global footprint and accelerate the adoption of electric aviation technology worldwide. With a proven track record of success, a dynamic management team, and a clear vision for the future, Surf Air Mobility is poised to become a key player in the electric aviation sector. As investors seek opportunities in the electric aviation sector, Surf Air Mobility offers an opportunity for those looking to invest in the future of sustainable transportation. Click on this link or read their corporate presentation to learn more about Surf Air Mobility Inc. (NYSE:SRFM). Footnotes: [1] https://www.thestreet.com/investing/stocks/cathie-wood-jim-cramer-technology-stocks-investing-joby-aviation-sell [2] https://www.stockwatch.com/News/Item/U-b20240211538091-U!JOBY-20240211/U/JOBY 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 outlined 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. was paid $1,500 for the production and publishing of this article by Surf Air Mobility Inc.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Surf Air Mobility Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-srfm. 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

February 15, 2024 02:43 PM Eastern Standard Time

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From ARK to the Skies: Cathie Wood's Big Bet on Flying Taxi Startups

MarketJar

In the investment world, few names carry as much weight as Cathie Wood. Renowned for her visionary strategies and keen eye for disruptive technologies, Wood’s Ark Investments has made waves with her recent investments in the electric aviation sector. Archer Aviation (NYSE: ACHR), an electric aircraft developer backed by industry heavyweights Boeing and United Airlines, saw a surge in interest after Wood's investment of over $30 million in August. 1 Archer develops electric vertical takeoff and landing (eVTOL) aircraft for urban landscapes with the purpose of establishing a reliable air taxi service. Last summer, the Federal Aviation Administration issued the company's flagship Midnight eVTOL a Special Airworthiness Certificate, allowing it to begin test flights. Archer intends to commence piloted "for credit" flight testing in early 2024 with the goal of obtaining FAA Type Certification. In addition to her investment in Archer Aviation, Wood has also set her sights on Joby Aviation, a leader in the race to develop all-electric air taxis. Through her company Ark Invest, Wood acquired nearly $2 million worth of shares in Joby Aviation (NYSE: JOBY), recognizing the company's potential to transform urban mobility with its innovative technology. Joby Aviation just announced a significant deal with Dubai’s Road and Transport Authority (RTA) to introduce air taxi services in the Emirate by early 2026, with initial operations targeted for 2025. 2 This exclusive agreement, signed at the World Governments Summit in Dubai, grants Joby Aviation the sole rights to operate air taxis in Dubai for six years, positioning the city as a global leader in clean and efficient air travel. With the support of the RTA, including financial backing, Joby aims to establish and expand its service operations seamlessly in Dubai. Amidst the excitement surrounding Archer and Joby, another player has quietly emerged as a frontrunner in the air taxi electrification race: Surf Air Mobility Inc. (NYSE:SRFM ). Surf Air Mobility is the largest commuter airline in the US based on scheduled departures, flying more than 450,000 passengers on ~75,000 flights to 48 destinations in the US in 2022. The company also generated over $100 million in revenue, and has plans to electrify regional air travel across the US and beyond. Unlike its competitors, Surf Air Mobility is taking a different approach. Instead of building electric aircraft from scratch, the company is focused on upgrading existing aircraft with fully electric and hybrid-electric engines once its proprietary powertrain technology is certified. This strategic decision can not only accelerate the electrification process but also leverages the proven reliability and existing market adoption of the Cessna Grand Caravan aircraft, setting Surf Air Mobility apart in the rapidly evolving landscape of electric aviation. Pioneering the Future of Air Travel Surf Air Mobility 's recent collaboration with Electra.aero Inc., a next-gen aerospace company, further solidifies its position as a leader in the electrification of air travel. The partnership will utilize Electra’s hybrid-electric short takeoff and landing (eSTOL) aircraft within Surf Air’s tech-based on-demand air mobility service and its Aircraft-as-a-Service (ACaaS) offering. Surf Air Mobility is also expanding its electrification strategy globally through recent partnerships in Africa and South America. The company's collaboration with Z.Boskovic Air Charters, a prominent figure in Kenya's private charters, safari, freight, and corporate travel scene, marks a significant milestone in its electrification efforts. The agreement entails upgrading Z.Boskovic's existing and forthcoming fleet of Cessna Caravans with Surf Air 's electrified powertrain technology once certified. With Z.Boskovic's current fleet of 13 Cessna Caravans already operational, the company plans to bolster its fleet with two additional Caravan aircraft by the end of 2024, solidifying its status as Kenya's largest charter operator of Cessna Caravans. Surf Air Mobility 's partnership with Safarilink, an airline connecting domestic scheduled flights to destinations within Kenya and Tanzania, and Yellow Wings Air Services, a Kenyan air operator serving over 500 airfields throughout the East Africa region, further strengthens its position in the African market. The agreement will see Surf Air Mobility upgrade existing Cessna Grand Caravan aircraft in Africa with its proprietary electrified powertrain technology once certified, marking a monumental milestone in its efforts to expand its global footprint and accelerate the adoption of electric aviation technology worldwide. With a proven track record of success, a dynamic management team, and a clear vision for the future, Surf Air Mobility is poised to become a key player in the electric aviation sector. As investors seek opportunities in the electric aviation sector, Surf Air Mobility offers an opportunity for those looking to invest in the future of sustainable transportation. Click on this link or read their corporate presentation to learn more about Surf Air Mobility Inc. (NYSE:SRFM). Footnotes: [1] https://www.thestreet.com/investing/stocks/cathie-wood-jim-cramer-technology-stocks-investing-joby-aviation-sell [2] https://www.stockwatch.com/News/Item/U-b20240211538091-U!JOBY-20240211/U/JOBY 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 outlined 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. was paid $1,500 for the production and publishing of this article by Surf Air Mobility Inc.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Surf Air Mobility Inc.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-srfm. 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

February 15, 2024 11:59 AM Eastern Standard Time

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Seeing Machines highlights strong cash position; says it's on track to achieve revenue targets

Seeing Machines Ltd

Seeing Machines Ltd CEO Paul McGlone joined Proactive's Stephen Gunnion with a comprehensive update on the company’s performance for the first half of 2024. McGlone highlighted a strong financial position with over US$22 million in cash, alongside receivables and inventory totaling an additional US$31 million, positioning the company well for future profitability and breakeven. He emphasised the absence of a need for additional funding, thanks to a projected increase in high-margin software royalties from the automotive sector, which are expected to significantly boost cash flow. McGlone also shared optimism about achieving consensus revenue targets, noting a historical trend of stronger performance in the second half of the financial year. Despite a dip in automotive volumes in the recent quarter, McGlone pointed to the early stages of royalty growth and external economic factors as reasons for variability, maintaining confidence in long-term growth targets. Looking ahead, McGlone anticipates an uptick in cars featuring Seeing Machines’ technology, driven by increasing market demand for semi-autonomous driving features and regulatory requirements. The company’s focus on high-margin royalty revenues within the automotive business is expected to underpin growth and profitability, with significant revenue projections for financial year 2026 based on already secured business. Additionally, Seeing Machines is making strides in the aftermarket sector, with a promising product launch at the Geotab Connect event in Las Vegas. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 14, 2024 02:39 AM Eastern Standard Time

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US Global Investors continues to see strong results from US Global Jets fund

HANetf

US Global Investors CEO Frank Holmes joined Steve Darling from Proactive to provide insights into the company's U.S. Global Jets fund, which was initiated in 2015. The fund's performance and the aviation industry have witnessed a rebound following the challenges posed by the COVID-19 pandemic. Holmes elaborated on the factors driving the fund's performance and discussed key developments in the aviation sector. One notable development is the upgrade of Mexico's air safety rating from Category 2 back to Category 1 by the Federal Aviation Administration (FAA) last week. This upgrade reflects improved safety standards and is a positive indicator for Mexico's aviation industry. Holmes also highlighted an interesting historical trend in the airline industry. Airlines have historically exhibited an inverse relationship with oil prices. When oil prices rise, airline stocks tend to underperform, while they tend to outperform when oil prices decline. This unique relationship can present attractive entry points for investors looking to gain exposure to the global airline industry, especially in times of fluctuating oil prices. The rebound of the U.S. Global Jets fund and the positive developments in the aviation sector demonstrate the resilience of the industry in overcoming challenges and adapting to changing market conditions. Holmes' insights shed light on the investment opportunities within the aviation sector, offering valuable considerations for investors interested in this dynamic industry. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 12, 2024 10:08 AM Eastern Standard Time

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ECD Automotive Design financial guidance for 2024 calls for 50% increase in revenue

ECD Automotive Design Inc.

ECD Automotive Design CEO Scott Wallace joined Steve Darling from Proactive to share news that the company is gearing up for an exciting year ahead in 2024 as the first publicly-traded "restomod" company. ECD is a creator of restored luxury vehicles that combines classic English beauty with modern performance. ECD anticipates a strong financial performance for 2024 with revenue projected to be $33 million, an impressive increase of over 50% compared to anticipated 2023 revenue of $22 million, and gross margins expected to be 35%in 2022 to 38% in 2024. One notable achievement is that ECD's core Defender North production line is already completely sold out for 2024. This, combined with the introduction of the Jaguar E-Type and an undisclosed new model on the South production line, means that ECD has already secured binding orders of over 80% of its total 2024 production capacity. To accommodate this increasing demand, ECD plans to add another manufacturing line to its Rover Dome facility in Kissimmee, Florida. This expansion aligns with its commitment to sustainable growth and positions the company for long-term success. ECD's growth plans also include consolidating the ecosystem that surrounds the luxury auto client. This is a $15 billion industry that is highly fragmented. In addition to these exciting developments, ECD has unveiled Project QE, a Defender 110 that blends modern amenities with classic British heritage. This vehicle boasts a LT1 V8 engine with 450 horsepower. With its classic grill, bumper, and 6-point roll cage, Project QE pays homage to its English roots while offering a comfortable and powerful driving experience. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 09:47 AM Eastern Standard Time

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Manganese X Energy Corp agrees to MOU with US battery technology leader C4V

Manganese X Energy Corp

Manganese X Energy Corp CEO Martin Kepman joined Steve Darling from Proactive to share the news that the company has entered into a Memorandum of Understanding (MOU) with C4V, a prominent US battery technology leader, which holds immense promise for a potential off-take agreement from Manganese X Energy Corp's Battery Hill High Purity Manganese project located in Woodstock, New Brunswick, Canada. C4V, renowned for its leadership in renewable battery technology and its involvement in major Gigafactory developments worldwide, including those in Geelong, Australia, and the United States, has shown keen interest in the collaboration. This non-binding agreement is predicated on the possible supply of Electric Vehicle (EV) compliant High Purity Manganese Sulfate Monohydrate, a sample of which is currently undergoing pre-qualification by C4V for use in their Gigafactory joint ventures. The sample in question was produced as part of Manganese X Energy Corp's Pilot Plant Project, which employs their patent-pending, groundbreaking manganese purification technology. This technology enables the transformation of Battery Hill manganese carbonate into Electric Vehicle compliant High Purity Manganese Sulfate Monohydrate (HPMSM), serving as a precursor to the cathode in battery manufacturing. This strategic partnership holds the promise of playing a pivotal role in the supply chain for EV batteries, as high-purity manganese is a crucial component in the production of advanced batteries. The MOU represents a significant step forward in the company's quest to contribute to the growing electric vehicle industry while further solidifying its position as a key player in the renewable energy sector. The collaboration between Manganese X Energy Corp and C4V exemplifies their shared commitment to sustainable energy solutions and highlights the importance of securing a stable supply of critical materials for the EV revolution. As the pre-qualification process advances and the partnership takes shape, both companies are poised to make a lasting impact on the clean energy landscape by fostering innovation and the development of cutting-edge battery technology. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 07, 2024 12:38 PM Eastern Standard Time

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Cepton, Inc. SVP Brunno Moretti on US DOD 1260H List Breaking News

Cepton, Inc.

Cepton, Inc. Senior Vice President of Product & Commercial Operations Brunno Moretti joined Steve Darling from Proactive to discuss the recent update from the U.S. Department of Defense (DOD), listing Chinese military companies operating in the U.S. Specifically, the conversation revolves around the inclusion of a lidar company, Hesai, on this list. Moretti highlights potential repercussions for companies with Chinese technology, such as restrictions, increased scrutiny, and impacts on global reputation and partnerships. The discussion then delves into the sensitivity of lidar technology, emphasizing its high precision, 3D imaging capabilities, and the potential risks associated with data breaches and unauthorized access. Moretti underlines the importance of addressing national security concerns, especially when deploying lidar in critical infrastructure. Towards the end, Moretti sheds light on Cepton, Inc.’s commitment to safe deployment of lidar technology in the United States. He emphasizes the company's dedication to cybersecurity, adherence to industry standards, and the goal of making lidar a safe automotive technology for every household. Cepton, Inc.’s strong reputation within the industry is highlighted, emphasizing their focus on providing lidar at a competitive price to improve safety and enable advancements in smart infrastructure. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 07, 2024 10:16 AM Eastern Standard Time

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