Colliers to partner with leading Australian planning and advisory firm

Addition strengthens existing urban design and strategic advisory capabilities

TORONTO and SYDNEY, Feb. 17, 2025 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that it has entered into an agreement to acquire a controlling interest in Ethos Urban Pty Limited (“Ethos Urban”), an award-winning urban planning and design advisory firm in Australia. Ethos Urban’s senior leadership team will remain significant shareholders in the business under Colliers’ unique partnership model. The transaction is subject to customary closing conditions and is expected to close in the first half of 2025. The business will be rebranded as Colliers in the second half of 2025. Terms of the transaction were not disclosed.

Founded in 1992, Ethos Urban employs 160 professionals across its three offices in Sydney, Melbourne, and Brisbane, providing planning, urban design, engagement and economic & social advisory services for public and private sector clients.

“Ethos Urban’s long and impressive track record of successful projects, together with its entrepreneurial culture and significant ongoing ownership in the business, makes it a perfect fit for Colliers”, said John Kenny, CEO Colliers | Asia Pacific. “Their talented professionals provide a highly valued service that has accelerated Australia’s urbanization and development over many years. We are excited to welcome them as partners and work collaboratively to expand their operations in existing and new markets.”

“Ethos Urban is the latest in several successful acquisitions that Colliers has made in the region,” said Chris McLernon, Chief Executive Officer of Real Estate Services | Global at Colliers. “We see tremendous potential with this partnership and expect to leverage our brand, established reputation, and deep connections in the Australian real estate and infrastructure market to grow the business and cross-sell services to our combined client base.”

“Joining an entrepreneurial organization like Colliers was a natural progression for our firm,” said Mark Stefanac, Chief Executive Officer of Ethos Urban. “This partnership enables us to further capitalize on Australia’s urbanization, while providing our professionals with the resources, opportunities, and relationships they need to continue to deliver exceptional outcomes for our clients nationwide.”

Colliers Contact
John Kenny
Chief Executive Officer | Asia Pacific
+61 2 9257 0222

Ethos Urban Contact
Mark Stefanac
Chief Executive Officer
+61 2 9956 9662

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately 20% compound annual returns for shareholders, fuelled by visionary leadership, significant inside ownership and substantial recurring earnings. With annual revenues exceeding $4.8 billion, a team of 23,000 professionals, and $99 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors, and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.



Travelers Europe Names Mike Lawton Chief Operating Officer

Travelers Europe Names Mike Lawton Chief Operating Officer

LONDON–(BUSINESS WIRE)–
Travelers Europe today announced that Mike Lawton has been appointed Chief Operating Officer. Lawton will report to Matthew Wilson, Chief Executive Officer of Travelers Europe, and oversee the day-to-day business operations and implementation of the company’s strategy.

“Mike has been an invaluable member of our leadership team for many years,” said Wilson. “I am confident that his knowledge and expertise will help us strengthen our presence in the market, drive efficiency and deliver outstanding service to brokers and customers.”

Lawton has nearly two decades of experience in the insurance sector, in both broking and underwriting. Before joining Travelers Europe in 2016 to lead its Business Insurance practice, he held senior positions at a leading international carrier and a UK broker.

“I have seen firsthand how our unique and collaborative culture has guided our business to great success and ensured that we are well-placed to capitalise on the many opportunities we see on the horizon,” Lawton said. “I’m delighted to be taking on this new role at this exciting time in the company’s growth journey.”

Travelers has operated in Europe for decades in both the general insurance market and through Lloyd’s. Travelers Insurance Company Limited offers business insurance, bond and specialty insurance and risk management services. Travelers Syndicate 5000 at Lloyd’s underwrites specialist and complex business classes, including marine, energy, accident and special risks, aviation and portfolio solutions. Visit www.travelers.co.uk for more information.

Finalisation of the role is subject to regulatory approval.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of more than $46 billion in 2024. For more information, visit Travelers.com.

Media:

Travelers Europe

Eloise Ghirlando

+44 7918 086 686

[email protected]

KEYWORDS: Europe Ireland United Kingdom

INDUSTRY KEYWORDS: Banking Professional Services Insurance Finance

MEDIA:

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FTI Consulting Strengthens Business Transformation Capabilities with Addition of Senior Managing Director Timothée Fraisse

PARIS, Feb. 17, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc (NYSE: FCN) today announced the appointment of Timothée Fraisse as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment in France.

Mr. Fraisse, who is based in Paris, brings more than 20 years of experience advising clients on growth strategies and operational turnarounds. In his role at FTI Consulting, he will work with a range of clients, particularly those in the healthcare and defense sectors, on solutions that drive improvements in commercial and operational performance, including mergers and acquisitions, carve-outs and operational restructuring initiatives.

“Timothée’s arrival is another significant step that reinforces our growth momentum and ambition in the French market,” said Jean-Werner de T’Serclaes, Co-Leader of FTI Consulting in France. “We are delighted to welcome him to the firm, as his expertise in business transformation, restructuring and performance improvement — combined with his deep knowledge of highly strategic and critical sectors, such as healthcare and defense — aligns with current industry trends and client needs. Timothée’s arrival comes at a time when companies are under increasing pressure to adapt and evolve, driving a growing demand for strategic support in transformation and restructuring.”

Mr. Fraisse brings a wealth of experience in the healthcare sector, having previously worked as a surgeon and researcher in university hospitals across France, the United Kingdom, Canada and Switzerland. He currently serves as a Reserve Medical Officer within the French Military Health Service. Prior to joining FTI Consulting, Mr. Fraisse was a Partner at McKinsey & Company, where he led private equity initiatives in the healthcare sector. He also advised on the supply chain and transformation needs of leading businesses in the aerospace sector. Mr. Fraisse previously founded and led Mecapole, an industrial group specialising in aerospace subcontracting.

“In an increasingly complex economic landscape, having the right operational and financial expertise to navigate the fast-moving private equity environment is more critical than ever,” said Michael Weyrich, EMEA Head of the Business Transformation practice at FTI Consulting. “Timothée brings deep industry and functional experience to our transformation team in France and EMEA that will be instrumental in helping our clients drive sustainable value creation in the markets in which they operate.”

Commenting on his appointment, Mr. Fraisse said, “I’m delighted to join FTI Consulting and contribute to the exciting growth journey of the practice in France. The firm’s collaborative culture and talented team are dedicated to delivering impactful solutions to clients navigating transformative decisions. I look forward to supporting our clients with these challenges and opportunities.”

About FTI Consulting

FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. More information can be found at www.fticonsulting.com

FTI Consulting, Inc.

200 Aldersgate
Aldersgate Street
London EC1A 4HD
+44 20 3727 1000

Investor Contact:

Mollie Hawkes
+1.617.747.1791
[email protected]

Media Contact:

Helen Obi
+44 20 7632 5071
[email protected]



Innate Pharma Announces U.S. FDA Granted Breakthrough Therapy Designation to Lacutamab for Relapsed or Refractory Sézary Syndrome

Innate Pharma Announces U.S. FDA Granted Breakthrough Therapy Designation to Lacutamab for Relapsed or Refractory Sézary Syndrome

  • Designation is based on TELLOMAK Phase 2 results demonstrating efficacy and a favorable safety profile in patients with advanced Sézary syndrome heavily pre-treated, post- mogamulizumab.
  • Breakthrough Therapy Designation is intended to accelerate the development and regulatory review in the U.S. of drugs that are intended to treat a serious condition; adding to a Fast Track designation by the U.S. FDA received in 2019 as well as a PRIME designation by European Medicines Agency in 2020
  • Innate continues to align with regulatory agencies around the confirmatory Phase 3 trial in Cutaneous T Cell Lymphoma and is actively seeking for a partner

MARSEILLE, France–(BUSINESS WIRE)–
Regulatory News:

Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) (“Innate” or the “Company”) today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation (BTD) to lacutamab, an anti-KIR3DL2 cytotoxicity-inducing antibody, for the treatment of adult patients with relapsed or refractory (r/r) Sézary Syndrome (SS) after at least 2 prior systemic therapies including mogamulizumab.

The BTD is granted based on Phase 1 study results as well as results from the Phase 2 TELLOMAK study, where lacutamab demonstrated encouraging efficacy and a favorable safety profile in heavily pretreated, post-mogamulizumab patients with advanced Sézary syndrome.

There is a high unmet medical need for patients with Sézary syndrome. In this aggressive and rare form of cutaneous T-cell lymphoma, patients in advanced disease often experience very poor quality of life and are in strong need of new, targeted treatment options,” commented Sonia Quaratino, MD, Chief Medical Officer of Innate Pharma. “The Breakthrough Therapy Designation underscores lacutamab’s potential to transform the patient’s care by achieving clinically meaningful efficacy and favorable safety profile compared to available therapies. This is an important step in Innate’s strategy for lacutamab. We are excited to work with the U.S. FDA to accelerate the development of this therapy.”

A Breakthrough Therapy Designation by the FDA is intended to accelerate the development and regulatory review in the U.S. of drugs that are intended to treat a serious condition and that have shown encouraging early clinical results, which may demonstrate substantial improvement on a clinically significant endpoint over available medicines.

Lacutamab previously received a Fast Track designation by the FDA in 2019 for the treatment of adult patients with relapsed or refractory Sézary syndrome who have received at least two prior systemic therapies as well as a PRIME designation by European Medicines Agency in 2020.

Innate continues to align with the regulatory agencies around the confirmatory Phase 3 trial in CTCL and is actively seeking for a partner.

About Cutaneous T-Cell Lymphoma:

Cutaneous T-Cell Lymphoma (CTCL) is a heterogeneous group of non-Hodgkin’s lymphomas which arise primarily in the skin and are characterized by the presence of malignant clonal mature T-cells. CTCL accounts for approximately 4% of all non-Hodgkin’s lymphomas and has a median age at diagnosis of 55-65 years. Mycosis fungoides, and Sézary syndrome, its leukemic variant, are the most common CTCL subtypes. The overall 5-year survival rate, which depends in part on disease subtype, is approximately 10% for Sézary syndrome. There are approximately 6,000 new CTCL cases in Europe and the United States per year.

About Sézary syndrome:

Sézary syndrome is the leukemic variant of CTCL. Patients often experience very poor quality of life with severe and debilitating pruritus (chronic itchy skin). Despite recent advancements, Sézary syndrome is associated with a high relapse rate with currently available therapies.

About Lacutamab:

Lacutamab is a first-in-class anti-KIR3DL2 humanized cytotoxicity-inducing antibody that is currently in clinical trials for treatment of cutaneous T-cell lymphoma (CTCL), an orphan disease, and peripheral T cell lymphoma (PTCL). Rare cutaneous lymphomas of T lymphocytes have a poor prognosis with few efficacious and safe therapeutic options at advanced stages.

KIR3DL2 is an inhibitory receptor of the KIR family, expressed by approximately 65% of patients across all CTCL subtypes and expressed by up 90% of patients with certain aggressive CTCL subtypes, in particular Sézary syndrome. It is expressed by up to 50% of patients with mycosis fungoides and peripheral T-cell lymphoma (PTCL). It has a restricted expression on normal tissues.

Lacutamab is granted European Medicines Agency (EMA) PRIME designation and US Food and Drug Administration (FDA) granted Fast Track designation and Breakthrough Therapy Designation for the treatment of patients with relapsed or refractory Sézary syndrome who have received at least two prior systemic therapies. Lacutamab is granted orphan drug status in the European Union and in the United States for the treatment of CTCL.

About TELLOMAK:

TELLOMAK (NCT03902184) is a global, open-label, multi-cohort Phase 2 clinical trial in patients with Sézary syndrome and mycosis fungoides (MF) in the United States and Europe. Specifically:

  • Cohort 1: lacutamab being evaluated as a single agent in approximately 60 patients with Sézary syndrome who have received at least two prior systemic therapies, including mogamulizumab. The Sézary syndrome cohort of the study could enable the registration of lacutamab in this indication.
  • Cohort 2: lacutamab being evaluated as a single agent in patients with MF that express KIR3DL2, as determined at baseline with a Simon 2-stage design.
  • Cohort 3: lacutamab being evaluated as a single agent in patients with MF that do not express KIR3DL2, as determined at baseline, with a Simon-2 stage design.
  • All comers: lacutamab being evaluated as a single agent in patients with both KIR3DL2 expressing and non-expressing MF to explore the correlation between the level of KIR3DL2 expression and treatment outcomes utilizing a formalin-fixed paraffin embedded (FFPE) assay under development as a companion diagnostic.

The trial is fully enrolled. The primary endpoint of the trial is objective global response rate. Key secondary endpoints are progression-free survival, duration of response, overall survival, quality of life, pharmacokinetics and immunogenicity and adverse events.

About Innate Pharma

Innate Pharma S.A. is a global, clinical-stage biotechnology company developing immunotherapies for cancer patients. Its innovative approach aims to harness the innate immune system through three therapeutic approaches: multi-specific NK Cell Engagers via its ANKET® (Antibody-based NK cell Engager Therapeutics) proprietary platform and Antibody Drug Conjugates (ADC) and monoclonal antibodies (mAbs).

Innate’s portfolio includes several ANKET® drug candidates to address multiple tumor types as well as IPH4502, a differentiated ADC in development in solid tumors. In addition, anti-KIR3DL2 mAb lacutamab is developed in advanced form of cutaneous T cell lymphomas and peripheral T cell lymphomas, and anti-NKG2A mAb monalizumab is developed with AstraZeneca in non-small cell lung cancer.

Innate Pharma is a trusted partner to biopharmaceutical companies such as Sanofi and AstraZeneca, as well as leading research institutions, to accelerate innovation, research and development for the benefit of patients.

Headquartered in Marseille, France with a US office in Rockville, MD, Innate Pharma is listed on Euronext Paris and Nasdaq in the US.

Learn more about Innate Pharma at www.innate-pharma.com and follow us on LinkedIn and X.

Information about Innate Pharma shares

ISIN code

Ticker code

LEI

FR0010331421

Euronext: IPH Nasdaq: IPHA

9695002Y8420ZB8HJE29

Disclaimer on forward-looking information and risk factors

This press release contains certain forward-looking statements, including those within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. The use of certain words, including “anticipate,” “believe,” “can,” “could,” “estimate,” “expect,” “may,” “might,” “potential,” “expect” “should,” “will,” or the negative of these and similar expressions, is intended to identify forward-looking statements. Although the Company believes its expectations are based on reasonable assumptions, these forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks and uncertainties include, among other things, the uncertainties inherent in research and development, including related to safety, progression of and results from its ongoing and planned clinical trials and preclinical studies, review and approvals by regulatory authorities of its product candidates, the Company’s reliance on third parties to manufacture its product candidates, the Company’s commercialization efforts and the Company’s continued ability to raise capital to fund its development. For an additional discussion of risks and uncertainties, which could cause the Company’s actual results, financial condition, performance or achievements to differ from those contained in the forward-looking statements, please refer to the Risk Factors (“Facteurs de Risque”) section of the Universal Registration Document filed with the French Financial Markets Authority (“AMF”), which is available on the AMF website http://www.amf-france.org or on Innate Pharma’s website, and public filings and reports filed with the U.S. Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, and subsequent filings and reports filed with the AMF or SEC, or otherwise made public by the Company. References to the Company’s website and the AMF website are included for information only and the content contained therein, or that can be accessed through them, are not incorporated by reference into, and do not constitute a part of, this press release.

In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company or any other person that the Company will achieve its objectives and plans in any specified time frame or at all. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

This press release and the information contained herein do not constitute an offer to sell or a solicitation of an offer to buy or subscribe to shares in Innate Pharma in any country.

For additional information, please contact:

Investors

Innate Pharma

Henry Wheeler

Tel.: +33 (0)4 84 90 32 88

[email protected]

Media Relations

NewCap

Arthur Rouillé

Tel.: +33 (0)1 44 71 00 15

[email protected]

KEYWORDS: France Europe

INDUSTRY KEYWORDS: Oncology FDA Health Clinical Trials Pharmaceutical Biotechnology

MEDIA:

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Textron Aviation to Open New Service Facility at Essendon Fields Airport, Expanding Capabilities in Australia

Textron Aviation to Open New Service Facility at Essendon Fields Airport, Expanding Capabilities in Australia

WICHITA, Kan.–(BUSINESS WIRE)–
Textron Aviation announced today an expansion of its footprint in Australia with the construction of a larger and modernized service facility at Essendon Fields Airport in Melbourne to maximize support for Cessna, Beechcraft and Hawker customers in the region. The new facility will add more space for servicing aircraft, aiding in faster scheduling with minimal down time to keep customers flying. Construction is set to begin March 2025 and Textron Aviation expects to be fully functional in the new facility by early 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213028444/en/

L-R: Stefan Wenger, vice president, International Customer Service Centers, Textron Aviation, Brian Rohloff, senior vice president, Global Customer Support, Textron Aviation, Brendan Pihan, CEO, Essendon Fields Airport, Peter Funder, general manager development, Essendon Fields Airport at the new facility site in Melbourne. (Photo: Craig Moodie)

L-R: Stefan Wenger, vice president, International Customer Service Centers, Textron Aviation, Brian Rohloff, senior vice president, Global Customer Support, Textron Aviation, Brendan Pihan, CEO, Essendon Fields Airport, Peter Funder, general manager development, Essendon Fields Airport at the new facility site in Melbourne. (Photo: Craig Moodie)

Beechcraft, Cessna and Hawker customers receive factory-direct support, maintenance and modifications by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, through its global network of service and parts centers, mobile service units and 24/7 1CALL AOG (aircraft-on-ground) support.

The new facility will more than double the square footage of the company’s current facility to more than 35,000 square feet (3,343m2). Based on customer feedback, the new facility will be in a more central location within the airport, add a Textron Aviation parts stockroom leading to faster shipping for customers and add a more comfortable lounge for customers to utilize while aircraft is being serviced.

“Building this new facility to support the more than 1,400 aircraft operating in the APAC region demonstrates our commitment to providing the strongest combination of factory-direct maintenance and service solutions available for our customers,” said Brian Rohloff, senior vice president, Global Customer Support. “This investment will grow our capacity and help us to better assist customers with scheduled maintenance, modifications and aircraft-on-ground support.”

This news follows Textron Aviation’s announcement in June 2024 that the company moved to a larger, modernized facility at Jandakot airport in Perth, and added a parts warehouse at Essendon Fields airport to grow service capacity and support parts availability in the region. In addition, Premiair Aviation Maintenance, an Australian service center acquired by Textron Aviation in 2020, has changed its name to Textron Aviation Australia Pty Ltd. to fully integrate the Perth, Gold Coast and Melbourne facilities into the company’s comprehensive global service network.

About Textron Aviation Service

Textron Aviation offers factory-direct service and support throughout the entire ownership experience. Through a global network staffed with nearly 3,000 employees, customers have direct access to a team of expert service representatives offering maintenance, inspections, parts, repairs, avionic upgrades, equipment installations, refurbishments and other specialized services. Textron Aviation manages a fleet of more than 50 mobile service units (MSUs), Go Teams stationed across the world that can be mobilized to respond to maintenance events by contacting 1CALL, and a team of AOG specialists providing prioritized service and support during unscheduled maintenance events.

About Textron Aviation

We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit www.txtav.com | www.defense.txtav.com | www.scorpionjet.com.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

Media Contact:

Hailey Tucker

M: +1 (316) 881-2684

[email protected]

KEYWORDS: Australia/Oceania Australia United States North America Kansas

INDUSTRY KEYWORDS: Transportation Aerospace Manufacturing Travel Air Transport Other Manufacturing Military Defense Contracts Engineering

MEDIA:

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L-R: Stefan Wenger, vice president, International Customer Service Centers, Textron Aviation, Brian Rohloff, senior vice president, Global Customer Support, Textron Aviation, Brendan Pihan, CEO, Essendon Fields Airport, Peter Funder, general manager development, Essendon Fields Airport at the new facility site in Melbourne. (Photo: Craig Moodie)
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Textron Aviation announced an expansion of its footprint in Australia with the construction of a larger and modernized service facility at Essendon Fields Airport in Melbourne to maximize support for Cessna, Beechcraft and Hawker customers in the region. (Photo: Bruce Henderson Architects)
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AV Unveils JUMP 20-X: Revolutionizing Autonomous Maritime Operations with Unmatched Precision and Versatility

AV Unveils JUMP 20-X: Revolutionizing Autonomous Maritime Operations with Unmatched Precision and Versatility

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–
AeroVironment (AV), a global leader in intelligent, multi-domain autonomous solutions, today announced the launch of the JUMP® 20-X, a next-generation, modular Group 3 uncrewed aircraft system (UAS) designed to meet the dynamic demands of modern warfare. Setting a new benchmark for autonomous maritime operations, the JUMP 20-X delivers unrivaled versatility, efficiency, and precision in contested and complex environments.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250217506374/en/

JUMP 20-X executes a precision landing on a rapidly moving ship (Photo: AV)

JUMP 20-X executes a precision landing on a rapidly moving ship (Photo: AV)

Unveiled at the 2025 International Defence Exhibition & Conference (IDEX), the JUMP 20-X is a vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS) engineered to revolutionize shipboard UAS operations. With an advanced heavy-fuel engine capable of running on multiple fuel types, JUMP 20-X enhances operational flexibility, simplifies refueling logistics, and ensures mission adaptability across diverse maritime and expeditionary environments.

Unmatched Endurance, Multi-Domain Connectivity & Scalable Lethality

Built for long-range, multi-domain operations, JUMP 20-X boasts an impressive 13-hour flight endurance and beyond-line-of-sight (BLOS) connectivity, ensuring persistent surveillance and strike capabilities far beyond the horizon. Its modular 30-pound multi-payload capacity is unmatched in its class, supporting a wide range of mission sets, including:

  • ISR(Intelligence, Surveillance, and Reconnaissance)
  • Synthetic Aperture Radar (SAR) & Wide-Area Surveillance (WAS)
  • Signals Intelligence (SIGINT) & Electronic Warfare (EW)
  • Secure Communications & Video Relay
  • Precision Strike Capabilitieswith customizable lethality options

Future-Proofed with MOSA: Modular, Open, Systems, Approach

The JUMP 20-X is built on an open-architecture, payload-agnostic, radio-agnostic, and STANAG-compliant framework, ensuring rapid integration with existing military networks and emerging technologies. This future-proof design enables seamless interoperability across joint, allied, and coalition forces, allowing operators to adapt to evolving mission requirements in real time.

AI-Powered Precision & Autonomous Shipboard Operations

Designed for hands-free operation in highly complex environments, JUMP 20-X leverages AI-powered autonomy to ensure precise takeoff and landing—even on fast-moving ships in rough seas or under extreme conditions, day or night.

Additionally, AV’s cutting-edge SPOTR-Edge™ computer vision technology enables automated object detection and classification, enhancing situational awareness and tactical decision-making in real time. From identifying hostile threats to tracking moving maritime and aerial assets, SPOTR-Edge™ provides unparalleled intelligence at the tactical edge.

A New Era in Maritime UAS Operations

Shane Hastings, AV’s vice president and general manager of Medium Uncrewed Aircraft Systems, emphasized the transformative impact of JUMP 20-X:

“The JUMP 20-X is more than a UAS—it’s a force multiplier that delivers the unmatched versatility, efficiency, and reliability modern operators’ demand. By combining cutting-edge autonomy, extended endurance, and a modular design, JUMP 20-X redefines what’s possible for maritime and expeditionary UAS operations in the most contested domains.”

ABOUT AEROVIRONMENT, INC.

AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. For more information, visit www.avinc.com.

SAFE HARBOR STATEMENT

Certain statements in this press release may constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

MEDIA CONTACT

René Bardorf

AeroVironment

+1.703.418.2828

[email protected]

KEYWORDS: Virginia United States United Arab Emirates North America Middle East

INDUSTRY KEYWORDS: Defense Other Defense Military Hardware Technology Drones Aerospace Manufacturing

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JUMP 20-X executes a precision landing on a rapidly moving ship (Photo: AV)
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FTI Consulting Establishes Healthcare & Human Services Industry Practice in Australia

SYDNEY, Feb. 16, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the establishment of a dedicated Healthcare & Human Services industry practice in Australia with the appointment of Nathan Schlesinger as a Senior Managing Director and practice leader and Nicki Doyle as a Senior Managing Director, as well as six Managing Directors.

Mr. Schlesinger is based in Sydney and has 25 years of experience advising public- and private-sector health and aged care clients in Australia, the United States and Southeast Asia. Ms. Doyle has 16 years of experience supporting public- and private-sector aged care clients in Australia and internationally to navigate aged care policy, reform, regulation and changes to the aged care market.

“FTI Consulting is uniquely positioned as the only independent and fully dedicated health and human services advisory team with national scale and access to global capabilities,” said Mark Dewar, FTI Consulting’s Australia Leader. “This model enables us to forge deep relationships across the industry, so our clients receive tailored, impactful solutions. By combining extensive industry knowledge with the agility of FTI Consulting, we can provide direct access to senior advisors across the country who deliver hands-on support.”

The Healthcare & Human Services industry practice will focus on supporting clients with key industry agendas including system reform and sustainability, digitisation and productivity. FTI Consulting will continue to build on Mr. Schlesinger’s hire with an industry-oriented capability that complements existing FTI Consulting services in policy and economics, operational and digital transformation, financial sustainability, restructuring and risk-oriented services.

In addition to Mr. Schlesinger and Ms. Doyle, Trina Adams, Alicia Boyd, Somer Dawson, Laura Day, Charlotte Gordon and Taahir Kerbelker have joined as Managing Directors to further strengthen the firm’s sector expertise.

John Park, Head of Australia Corporate Finance & Restructuring, said, “The need for support in the healthcare and human services sectors has never been greater, with rising industry costs, workforce shortages and technological advancements. As we navigate a complex environment marked by significant challenges, the sustainability of healthcare, aged care and human services is under immense pressure. We will continue to invest in this practice with additional senior talent to build on expertise in digital health, health operations, analytics, transformation, and health strategy and policy.”

Mr. Schlesinger has extensive experience leading strategic and implementation projects for state and federal government, public health services, private health organisations and the aged care and disability sectors. Prior to joining FTI Consulting, Mr. Schlesinger was the Australian Health Industry Leader and Global Health Services Leader for PwC. Mr. Schlesinger has a passion for system redesign, capacity building and making the health system more patient-centered.

Commenting on his appointment, Mr. Schlesinger said, “We are at a pivotal moment in the care sector, where the sustainability of the system is under significant strain, yet we also have unprecedented opportunities through advancements in technology and treatment. As we face these challenges, it is essential to have the right strategies, the right capabilities and the right mindset in place. I’m excited to join FTI Consulting and build a team that is dedicated to driving meaningful improvements in healthcare and human services while supporting the professionals in these sectors who make such a difference every day.”

The launch of the Healthcare & Human Services industry practice continues the steady growth of FTI Consulting across Australia. Recent appointments include Senior Managing Director Natalie Faulkner and Managing Director Sam Scerri in the Forensic and Litigation Consulting segment, Managing Director Phil Smith in the Technology segment, and Senior Managing Director Keith McGregor and Managing Directors Callum Greig, Ben Icke and Christopher Pattinson in the Corporate Finance & Restructuring segment.

About FTI Consulting

FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. More information can be found at www.fticonsulting.com.

FTI Consulting, Inc.

555 12th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:

Mollie Hawkes
+1.617.747.1791
[email protected]

Media Contact:

Rebecca Hine
+1.61.7.3225.4972
[email protected]



ESTC INVESTOR NOTICE: Elastic N.V. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

PR Newswire


SAN DIEGO
, Feb. 16, 2025 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Elastic N.V. (NYSE: ESTC) securities between May 31, 2024 and August 29, 2024, both dates inclusive (the “Class Period”), have until April 14, 2025 to seek appointment as lead plaintiff of the Elastic class action lawsuit.  Captioned Lucid Alternative Fund, LP v. Elastic N.V., No. 25-cv-00785 (E.D.N.Y.), the Elastic class action lawsuit charges Elastic and certain of Elastic’s top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Elastic class action lawsuit, please provide your information here:


https://www.rgrdlaw.com/cases-elastic-n-v-class-action-lawsuit-estc.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Elastic is a search artificial intelligence company that delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments.

The Elastic class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Elastic had implemented significant changes to its sales operations, particularly with respect to its customer segments in the Americas; (ii) the foregoing changes were likely to, and did, disrupt Elastic’s sales operations during the first quarter of its fiscal year 2025; (iii) accordingly, defendants had overstated the stability of Elastic’s sales operations; and (iv) as a result, Elastic was unlikely to meet its own previously issued revenue guidance for its fiscal year 2025.

The Elastic class action lawsuit further alleges that on August 29, 2024, Elastic announced its financial results for the first quarter of its fiscal year 2025, disclosing that Elastic had slashed its fiscal year 2025 revenue guidance to a range of $1.436 billion to $1.444 billion, representing 14% year-over-year growth at the midpoint – significantly down from Elastic’s prior fiscal year 2025 revenue guidance of $1.468 billion to $1.48 billion, or 16% year-over-year growth at the midpoint – citing “a slower start to the year with the volume of customer commitments impacted by segmentation changes that we made at the beginning of the year, which are taking longer than expected to settle.”  On this news, the price of Elastic stock fell more than 26%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Elastic securities during the Class Period to seek appointment as lead plaintiff in the Elastic class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Elastic class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Elastic class action lawsuit.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Elastic class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases.  Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors.  We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:


https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices. 

Contact:

Robbins Geller Rudman & Dowd LLP
J.C. Sanchez, Jennifer N. Caringal
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900
[email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/estc-investor-notice-elastic-nv-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit-302377457.html

SOURCE Robbins Geller Rudman & Dowd LLP

APLT Deadline: APLT Purchasers Have Opportunity to Lead Applied Therapeutics, Inc. Securities Fraud Lawsuit

PR Newswire


NEW YORK
, Feb. 16, 2025 /PRNewswire/ — 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Applied Therapeutics, Inc. (NASDAQ: APLT) between January 3, 2024 and December 2, 2024, both dates inclusive (the “Class Period”), of the important February 18, 2025 lead plaintiff deadline.

So what: If you purchased Applied Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Applied Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=32500 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, statements made during the class period were false and/or materially misleading because they concealed and misrepresented the clinical trial protocols and procedures that Applied Therapeutics had in place. Therefore, defendants provided investors with the false impression that protocol and good clinical practices were being properly followed. The lawsuit alleges that, in truth, Applied Therapeutics was not adhering to trial protocol and good clinical practices which, in turn, created an exceedingly severe risk that the trial data would be rejected by the FDA in the context of a New Drug Application. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Applied Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=32500https://rosenlegal.com/submit-form/?case_id=28116call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aplt-deadline-aplt-purchasers-have-opportunity-to-lead-applied-therapeutics-inc-securities-fraud-lawsuit-302377158.html

SOURCE THE ROSEN LAW FIRM, P. A.

NEM INVESTOR ALERT: Newmont Corporation Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

PR Newswire


SAN DIEGO
, Feb. 16, 2025 /PRNewswire/ — Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Newmont Corporation (NYSE: NEM) securities between February 22, 2024 and October 23, 2024, all dates inclusive (the “Class Period”), have until April 1, 2025 to seek appointment as lead plaintiff of the Newmont class action lawsuit.  Captioned Karas v. Newmont Corporation, No. 25-cv-00341 (D. Colo.), the Newmont class action lawsuit charges Newmont as well as certain of Newmont’s top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Newmont class action lawsuit, please provide your information here:


https://www.rgrdlaw.com/cases-newmont-corporation-class-action-lawsuit-nem.html
 

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Newmont engages in the production and exploration of gold, copper, silver, zinc, and lead.

The Newmont class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Newmont’s projected revenue outlook and ability to deliver growing gold and mineral production at its Tier 1 portfolio operations through mining and cost profile improvements; and (ii) defendants provided the public with materially flawed statements of confidence and growth projections which did not account for these variables.

The Newmont class action lawsuit further alleges that on October 23, 2024, Newmont announced disappointing third quarter earnings before interest, taxes, depreciation, and amortization, lower production guidance, and an increase in Newmont’s operating costs.  On this news, the price of Newmont stock fell nearly 15%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Newmont securities during the Class Period to seek appointment as lead plaintiff in the Newmont class action lawsuit.  A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.  A lead plaintiff acts on behalf of all other class members in directing the Newmont class action lawsuit.  The lead plaintiff can select a law firm of its choice to litigate the Newmont class action lawsuit.  An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Newmont class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud cases.  Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors.  We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years.  With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig.  Please visit the following page for more information:


https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices. 

Contact:

            Robbins Geller Rudman & Dowd LLP
            J.C. Sanchez, Jennifer N. Caringal
            655 W. Broadway, Suite 1900, San Diego, CA 92101
            800-449-4900
            [email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nem-investor-alert-newmont-corporation-investors-with-substantial-losses-have-opportunity-to-lead-investor-class-action-lawsuit-302377476.html

SOURCE Robbins Geller Rudman & Dowd LLP