Mobilicom Expands into New Geographic Markets for its Cybersecure Drone & Robotics Solutions


First purchase orders for sales into Korea, Brazil, and Canada bring Mobilicom’s design wins to a total of 48 as of June 30, 2023

Shoham, Israel, July 27, 2023 (GLOBE NEWSWIRE) —   


Mobilicom


Limited (Mobilicom or the Company, NASDAQ: MOB, MOBBW; ASX: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced design win sales into three new geographic markets including:

  • A Korean drone manufacturer has ordered Mobilicom’s newly designed and released MCU Maxi Controller PRO, a mobile, handheld Ground Control Station to be integrated and used with its drones.
  • A Brazilian manufacturer of robotics and unmanned ground vehicles ordered Mobilicom’s SkyHopper Datalinks for its small-sized robotics solutions.
  • A Canadian drone services provider in the oil, gas and mining industries also ordered Mobilicom’s SkyHopper Datalinks to distribute real time sensor feed from drones to on the ground users.

These orders bring Mobilicom’s design wins to a total of 48 as of June 30, 2023. Each design win represents initial sales of Mobilicom’s systems and components to be integrated into new autonomous systems designed by manufacturers of drones and robotics, many of which are Tier-1 companies. These design wins are expected to lead to commercial scale orders as manufacturers go to market with their uncrewed and autonomous vehicles.

“We are accelerating our momentum with these latest design wins and shipments to new key geographics markets and anticipate seeing more of our 48 design wins translate into commercial scale orders. This comes on the heels of our recently announced commercial scale order for our SkyHopper PRO from a Tier-1 U.S. manufacturer of drones for the U.S. Department of Defense,” stated Mobilicom CEO Oren Elkayam. 

About Mobilicom

Mobilicom is an end-to-end provider of cybersecurity and robust solutions for drones and robotics focussing primarily on targeting global drone, robotics and autonomous system manufacturers.

The Company holds patented technology & unique know-how for Mobile Mesh networking. It has a large, field proven portfolio of commercialised products used in a variety of applications.

Mobilicom is growing a global customer base with sales to high profile customers including corporates, governments and military. Mobilicom’s competitive advantages include outstanding security capabilities and performance in harsh environmental conditions.

Mobilicom’s large solution portfolio is being deployed worldwide, and the Company derives revenue from hardware, software sales & licensing fees and professional support services.

For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com

Forward Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.

For more information on Mobilicom, please contact:

Liad Gelfer

Mobilicom Ltd
[email protected]



Riskified To Report Second Quarter 2023 Financial Results on Tuesday, August 15

Riskified To Report Second Quarter 2023 Financial Results on Tuesday, August 15

NEW YORK–(BUSINESS WIRE)–
Riskified Ltd. (NYSE: RSKD), a leader in eCommerce fraud and risk intelligence, today announced it will release second quarter 2023 financial results before the market opens on August 15, 2023. On that day management will host a conference call and webcast at 8:30 a.m. ET to discuss the company’s business and financial results.

Riskified Second Quarter 2023 Financial Results Conference Call

When: Tuesday, August 15, 2023

Time: 8:30 a.m. ET

Dial-in: To access the conference call via telephone, please register via this registration link and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.

Webcast: A live and archived webcast of the conference call will be accessible from the “Events & Presentations” section of the Company’s Investor Relations website at https://ir.riskified.com/.

About Riskified

Riskified (NYSE:RSKD) empowers businesses to grow eCommerce revenues and profit by mitigating risk. The world’s largest merchants and prestige brands partner with Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale and to improve customer retention. Supported by a deeply experienced team of eCommerce risk analysts, data scientists and researchers, Riskified’s award-winning machine learning platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Learn more at riskified.com.

Investor Relations:

Chett Mandel

Head of Investor Relations

[email protected]

Corporate Communications:

Cristina Dinozo

Senior Director of Communications

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Technology Electronic Commerce Data Management Security

MEDIA:

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Omnichannel Retailers, Rejoice: Lightspeed Expands Innovative Product Features to Simplify Complex Processes

Lightspeed’s latest updates are helping sophisticated businesses stay ahead of the curve. With enhanced tracking abilities, merchants can streamline scheduling, inventory and orders to save time and focus on what matters

MONTREAL, July 27, 2023 (GLOBE NEWSWIRE) — Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is announcing the launch of advanced features designed to streamline merchant operations: Time Clock, Shipment History and Automated Ordering. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

Lightspeed Retail makes it easy for sophisticated omnichannel businesses to stay on top of everything with these new features:

  • Time Clock brings punch-in-and-out to the POS so staff remain focused on selling while retailers can streamline payroll processing, monitor employee attendance and ensure accurate pay through third-party integrations.
  • Shipment History allows merchants to track shipments received against placed purchase orders, eliminating the need for manual reconciliation.
  • Automated Ordering simplifies complex inventory issues by leveraging Lightspeed Analytics to automate reordering processes.

“Our current economic climate makes running a retail business extra challenging,” says Ana Wight, GM of Retail at Lightspeed. “These latest updates are designed to make day-to-day operations for merchants more efficient. They give business owners their time back, so they can focus on what counts: connecting with customers.”

Hello Time Clock, goodbye manual timesheets or switching apps

This new feature eliminates the need for antiquated time tracking systems or using many unintegrated apps which increases training and compliance costs.

  • Punch in and out: Time Clock records start and end times to provide a clear attendance record.
  • Accurate, efficient tracking: paper timesheets or Excel spreadsheets can be time consuming and rife with errors. Time Clock keeps time tracking precise with a single solution.
  • Seamless integration: Time Clock is integrated into Lightspeed Retail which eliminates the need for employees to shuffle between different systems to record their time. Instead, Lightspeed Retail can keep retailers’ payroll systems up-to-date.

  • Streamline payroll processing: with its trusted record system within the platform, Time Clock helps merchants make sure staff is paid accurately when integrated with partners.

More shipments than purchase orders? That’s no problem with Shipment History

“[With Shipment History] we can easily see what has been checked into our inventory on a certain purchase order” says Tim Phares, Manager at Active Endeavors, an outdoor equipment retailer in Davenport, Iowa. Merchants who use Lightspeed Retail to place purchase orders can now track the inventory they receive–even when it arrives in multiple shipments.

With Shipment History, retailers can track what was received against what was ordered–and make sure they only pay for what arrives.

  • A single source of truth: Shipment History lets you keep track of orders, whether they arrive in one fell swoop or in multiple packages.

  • Build an archive: each purchase order has a clear shipment history.

  • Streamlined processes: Shipment History saves time and reduces the risk of errors, particularly when it’s time to reconcile invoices.

Maintaining the delicate balance of supply and demand with Automated Ordering

Powered by Lightspeed Analytics, Automated Ordering generates a list that suggests what to order, when to order it–and in what quantities. Automated Ordering analyzes data to determine what’s been selling well and forecasts when stock needs to be replenished. It eliminates the guesswork.

These are the latest in a string of innovative updates from Lightspeed. Recently, Lightspeed has also announced:

You can find out more about Lightspeed Retail’s powerful features by visiting https://www.lightspeedhq.com/pos/retail/.

About Lightspeed

Powering the businesses that are the backbone of the global economy, Lightspeed’s one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange (NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

For more information, see www.lightspeedhq.com.

Follow us on social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”), including information regarding Lightspeed’s product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed’s management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations, under “Risk Factors” in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed’s subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

Media Contacts:

Canada:
Victoria Baker, NKPR – [email protected]

USA:
Jennifer Fugel, Newsmaker Group – [email protected]

Lightspeed Media Relations – [email protected]

Investor Relations:
Gus Papageorgiou, Lightspeed Investor Relations –[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9b0b225c-d973-4dba-a7d1-762311531a39



LED Lighting and Electric Vehicle Charging Solutions Provider Orion Energy Systems Hosts Q1 Call Wed., August 9th at 10am ET

MANITOWOC, Wis., July 27, 2023 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electrical vehicle (EV) charging station solutions, will host a conference call and webcast to review its fiscal 2024 first quarter fiscal results on Wednesday, August 9, 2023, at 10:00 a.m. ET / 9:00 a.m. CT. Orion will release results prior to the market’s opening that morning.

Webcast / Call Details
Date / Time: Wednesday, August 9th at 10:00 a.m. ET
Live Call Registration: https://register.vevent.com/register/BI18c3046d398145808d736f4680aaa403
  Pre-register using the URL above to receive the dial-in number and a unique PIN to access the call. Simply re-register if you lose the dial-in or PIN #.
Webcast / Replay: https://edge.media-server.com/mmc/p/65gxakct
   

About Orion Energy Systems (www.orionlighting.com)
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.

Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our ESG priorities, goals and progress here or visit our website at www.orionlighting.com.

Twitter:
@OrionLighting and @OrionLightingIR
StockTwits: @Orion_LED_IR

Investor Relations Contacts    
Per Brodin, CFO William Jones; David Collins
Orion Energy Systems, Inc.   Catalyst IR
[email protected]   (212) 924-9800 or [email protected]



Omnichannel Retailers, Rejoice: Lightspeed Expands Innovative Product Features to Simplify Complex Processes

Lightspeed’s latest updates are helping sophisticated businesses stay ahead of the curve. With enhanced tracking abilities, merchants can streamline scheduling, inventory and orders to save time and focus on what matters

MONTREAL, July 27, 2023 (GLOBE NEWSWIRE) — Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is announcing the launch of advanced features designed to streamline merchant operations: Time Clock, Shipment History and Automated Ordering. Powering the world’s best businesses, Lightspeed is the unified POS and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space.

Lightspeed Retail makes it easy for sophisticated omnichannel businesses to stay on top of everything with these new features:

  • Time Clock brings punch-in-and-out to the POS so staff remain focused on selling while retailers can streamline payroll processing, monitor employee attendance and ensure accurate pay through third-party integrations.
  • Shipment History allows merchants to track shipments received against placed purchase orders, eliminating the need for manual reconciliation.
  • Automated Ordering simplifies complex inventory issues by leveraging Lightspeed Analytics to automate reordering processes.

“Our current economic climate makes running a retail business extra challenging,” says Ana Wight, GM of  Retail at Lightspeed. “These latest updates are designed to make day-to-day operations for merchants more efficient. They give business owners their time back, so they can focus on what counts: connecting with customers.”

Hello Time Clock, goodbye manual timesheets or switching apps

This new feature eliminates the need for antiquated time tracking systems or using many unintegrated apps which increases training and compliance costs.

  • Punch in and out
    : Time Clock records start and end times to provide a clear attendance record. 
  • Accurate, efficient tracking: paper timesheets or Excel spreadsheets can be time consuming and rife with errors. Time Clock keeps time tracking precise with a single solution. 
  • Seamless integration: Time Clock is integrated into Lightspeed Retail which eliminates the need for employees to shuffle between different systems to record their time. Instead, Lightspeed Retail can keep retailers’ payroll systems up-to-date.
  • Streamline payroll processing:
      with its trusted record system within the platform, Time Clock helps merchants make sure staff is paid accurately when integrated with partners.  

More shipments than purchase orders? That’s no problem with Shipment History

“[With Shipment History] we can easily see what has been checked into our inventory on a certain purchase order” says Tim Phares, Manager at Active Endeavors, an outdoor equipment retailer in Davenport, Iowa. Merchants who use Lightspeed Retail to place purchase orders can now track the inventory they receive–even when it arrives in multiple shipments.

With Shipment History,  retailers can track what was received against what was ordered–and make sure they only pay for what arrives.

  • A single source of truth: Shipment History lets you keep track of orders, whether they arrive in one fell swoop or in multiple packages.
  • Build an archive: each purchase order has a clear shipment history. 
  • Streamlined processes
    : Shipment History saves time and reduces the risk of errors, particularly when it’s time to reconcile invoices. 

Maintaining the delicate balance of supply and demand with Automated Ordering

Powered by Lightspeed Analytics, Automated Ordering generates a list that suggests what to order, when to order it–and in what quantities. Automated Ordering analyzes data to determine what’s been selling well and forecasts when stock needs to be replenished. It eliminates the guesswork.

These are the latest in a string of innovative updates from Lightspeed. Recently, Lightspeed has also announced:

You can find out more about Lightspeed Retail’s powerful features by visiting  https://www.lightspeedhq.com/pos/retail/.

About Lightspeed

Powering the businesses that are the backbone of the global economy, Lightspeed’s one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange (NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

For more information, see www.lightspeedhq.com.
Follow us on social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter.

Forward-Looking Statements

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”), including information regarding Lightspeed’s product offerings and planned product roadmap. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed’s management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management’s Discussion and Analysis of Financial Condition and Results of Operations, under “Risk Factors” in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed’s subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information:

Media Contacts:

Canada: Victoria Baker, NKPR – [email protected];

USA: Jennifer Fugel, Newsmaker Group – [email protected];

I
nvestor Relations: Gus Papageorgiou, Lightspeed Investor Relations – [email protected]

Attachment



Lightspeed Media Relations  - 
[email protected]

Mastercard Incorporated Second Quarter 2023 Financial Results Available on Company’s Website

Mastercard Incorporated Second Quarter 2023 Financial Results Available on Company’s Website

PURCHASE, N.Y.–(BUSINESS WIRE)–
Mastercard Incorporated (NYSE: MA) today announced its second quarter 2023 financial results through an earnings release available on the company’s Investor Relations website at investor.mastercard.com. The earnings release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and available here.

At 9:00 a.m. ET today, the company will host a conference call to discuss these financial results.

Conference Call Details:

Toll-free dial-in: 1-888-330-2508

Toll dial-in: 1-240-789-2735

Conference ID: 6451878

A replay of the call will be available for 30 days using the following dial-in:

Toll-free dial-in: 1-800-770-2030

Toll dial-in: 1-647-362-9199

Conference ID: 6451878

The webcast recording and all related materials can also be accessed at investor.mastercard.com.

About Mastercard Incorporated (NYSE: MA), www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Investor Relations: Devin Corr or Jud Staniar, [email protected], 914-249-4565

Communications: Seth Eisen, [email protected], 914-249-3153

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Xencor to Host Second Quarter 2023 Financial Results Webcast and Conference Call on August 3, 2023

Xencor to Host Second Quarter 2023 Financial Results Webcast and Conference Call on August 3, 2023

PASADENA, Calif.–(BUSINESS WIRE)–
Xencor, Inc. (NASDAQ: XNCR), a clinical-stage biopharmaceutical company developing engineered antibodies and cytokines for the treatment of cancer and autoimmune diseases, today announced it will release second quarter 2023 financial results after the market closes on Thursday, August 3, 2023.

Xencor management will host a webcast and conference call the same day at 4:30 p.m. ET (1:30 p.m. PT) to discuss the financial results and provide a corporate update.

The live webcast may be accessed through “Events & Presentations” in the Investors section of the Company’s website, located at investors.xencor.com. A recording will be available for at least 30 days.

About Xencor, Inc.

Xencor is a clinical-stage biopharmaceutical company developing engineered antibodies and cytokines for the treatment of patients with cancer and autoimmune diseases. More than 20 candidates engineered with Xencor’s XmAb® technology are in clinical development, and three XmAb medicines are marketed by partners. Xencor’s XmAb engineering technology enables small changes to a protein’s structure that result in new mechanisms of therapeutic action. For more information, please visit www.xencor.com.

Charles Liles

[email protected]

626-737-8118

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Biotechnology Health Pharmaceutical Clinical Trials Oncology

MEDIA:

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Sarcos Technology and Robotics Corporation to Report Second Quarter 2023 Financial Results

SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) — Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions and software that redefine human possibilities, today announced that it will release financial results for the quarter ended June 30, 2023, after the market closes on Wednesday, August 9, 2023.

A conference call and audio webcast with analysts and investors will be held that afternoon at 4:30 p.m. Eastern Time/1:30 p.m. Pacific Time to discuss the results and answer questions.

  • To access the conference call, please pre-register using this link. Registrants will receive confirmation with dial-in details.
  • Live and archived webcast will be available on Sarcos investor relations website at investor.sarcos.com.

About Sarcos Technology and Robotics Corporation

Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) designs, develops, and manufactures a broad range of advanced mobile robotic systems, solutions, and software that redefine human possibilities and are designed to enable the safest most productive workforce in the world. Sarcos robotic systems operate in challenging, unstructured, industrial environments and include teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy. For more information, please visit www.sarcos.com and connect with us on LinkedIn at www.linkedin.com/company/sarcos.

Investor Contact:

Moriah Shilton
Financial Profiles
310.622.8251
[email protected]

Press Contact:

[email protected]



TELUS Pollinator Fund invests in Dryad Networks, helping to combat the devastating effects of wildfires

Dryad Networks provides ultra-early wildfire detection through large scale IoT networks and sensors, detecting fires as early as their smoldering phase

More than 10 million hectares of Canadian forests have burned so far in 2023 with annual fire protection costs now exceeding $1 billion per year

VANCOUVER, British Columbia and BERLIN, July 27, 2023 (GLOBE NEWSWIRE) — TELUS Pollinator Fund for Good is making an equity investment into Series A financing of Dryad, a German startup that provides ultra-early wildfire detection through large-scale IoT networks and sensors that can detect fires as early as their smoldering phase. This greatly reduces the risk of fires spreading out of control, and can help prevent the escalating costs and environmental impacts of wildfires, including biodiversity loss and health issues related to poor air quality. With the amount of forest burned by wildfire that is projected to double by 2050, the Pollinator Fund’s investment will contribute to address this growing environmental emergency by accelerating the deployment of Dryad’s technology to protect forests and to reduce carbon dioxide emissions resulting from wildfires.

“TELUS recognizes that there is an urgent need to scale innovative wildfire detection technologies and that’s why the Pollinator Fund is investing in Dryad,” said Blair Miller, Managing Partner, TELUS Pollinator Fund. “More than 10 million hectares — an area about three times the size of Belgium — have already burned this year in Canada alone, and the annual national cost of fire protection exceeded $1 billion for six of the last 10 years. Not only can Dryad sensors limit economic losses, but they also have a significant impact in the fight against climate change. They protect vital ecosystems and can even save human lives by alerting first responders within minutes of a wildfire starting.”

Dryad’s technology uses gas sensors that are trained to detect smoke and it sends alerts once gas is detected, giving first responders critical time to get to the fire before it spirals out of control. Dryad’s solution is capable of operating in remote regions and uses IoT technology to extend the mobile network coverage areas. The solution is already deployed with private and public clients in Europe, South America and the US and the Pollinator Fund’s investment will help the startup further scale in the US and into Canada. Dryad’s goal by 2030 is to deploy 120 million sensors around the world and to protect nearly 4 million hectares of forest.

“We are delighted to receive the investment from the TELUS Pollinator Fund for Good,” said Carsten Brinkschulte, Co-founder and CEO at Dryad Networks. “This funding will support us to scale our ultra-early wildfire detection technology and make a significant impact in combating the escalating wildfire risk. By deploying our wireless sensor network, we aim to protect vital ecosystems, and prevent massive CO2 emissions driving climate change. Together with TELUS, we are committed to addressing the critical issue of wildfires and building more resilient communities.”

About the TELUS Pollinator Fund for Good

The TELUS Pollinator Fund for Good, launched with an initial $100 million investment, is one of the world’s largest corporate social impact funds, and focuses its investments on for-profit companies and founders committed to driving social innovation. The TELUS Pollinator Fund is an extension of TELUS’ long-standing commitment to leveraging the power of technology to drive positive social and environmental outcomes for all Canadians by funding the development of solutions for transforming healthcare, caring for our planet, supporting responsible agriculture and enabling inclusive communities. To learn more about the TELUS Pollinator Fund, please visit: telus.com/pollinator.

About Dryad

Dryad is an environmental IoT startup based in Berlin. Its mission is to develop a large-scale IoT network that allows public and private forest owners to monitor, analyze and protect the world’s largest, most remote forests. The initial focus is to develop a system for the ultra-early detection of wildfires – Silvanet.

Silvanet detects fires in minutes, even during their early smoldering phase. By providing such drastically improved reaction times, Dryad can help to prevent unwanted wildfires, which cause up to 20% of global CO2 emissions and have a devastating impact on biodiversity. By 2030, Dryad aims to prevent 3.9m hectares of forest from burning, preventing 1.7bn tonnes of CO2 emissions.


https://www.dryad.net/

For media inquiries, please contact:

TELUS

François Marchand
Media Relations
[email protected]

Dryad

Laurenz Krumbacher
Media Relations Europe
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d356fb4-6729-4896-9fc1-9a062157ef5f



Harsco Environmental Wins Five-Year Contract Renewal with Sheffield Forgemasters

  • Five-year contract extends the more than thirty-year partnership between the two global industry leaders

PHILADELPHIA, July 27, 2023 (GLOBE NEWSWIRE) — Harsco Environmental, a global leader in providing environmental solutions, announced the signing of a five-year renewal contract with Sheffield Forgemasters Engineering Limited (SFEL), a worldwide leader in steel production and engineering. This renewal further solidifies a longstanding partnership, built over 30 years, for providing heavy material movements, including molten steel and ultra-large components, slag and scrap management, and Melt Shop services.

“The work that Harsco Environmental undertakes is crucial to our operations and requires full understanding of the safety implications of each task,” said Jeremy Makepeace, Commercial Director at Sheffield Forgemasters. “Most of the work that Harsco undertakes is challenging, whether that’s moving materials in a hot-metal environment, transporting molten steel from the Melt Shop, or moving our largest castings and forgings around the site.”

As well as transportation and materials handling, Harsco Environmental is responsible for the re-processing of steel slag and handling of scrap materials for the primary steel melting process at Sheffield Forgemasters. Sheffield Forgemasters’ slag is then converted into steel slag asphalt at Harsco Environmental’s local SteelPhalt facility.

“We express our deep gratitude to Sheffield Forgemasters for placing their continued trust in Harsco Environmental, and we are very pleased to extend our partnership,” said Mauro Curi, Vice President, Global Mill Services. “This contract renewal reaffirms our unwavering commitment to delivering value and maintaining the highest safety standards.”

About Harsco Environmental

Harsco’s Environmental division is the largest and most comprehensive provider of onsite material processing and environmental services to the global metals industry, with operations at over 130 customer sites across more than 32 countries. The division is a technology partner to cleaner, more efficient metal production, providing customers with economically and environmentally viable solutions for the treatment and reuse of production by-products. Visit harsco-environmental.com to learn more.

About Enviri

Enviri is transforming the world to green as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The Company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.

Investor Contact
David Martin
+1.267.946.1407
[email protected]
Media Contact
Madison Terefenko
+1.445.448.1570
[email protected]