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EdgeMode and Vertical Data Announce Strategic Collaboration to Deliver 20 MW AI-Optimized Data Center in Sweden
Prism Media Wire· 2025-08-13 14:22
Core Insights - EdgeMode and Vertical Data have announced a strategic collaboration to develop a 20 MW AI-optimized data center in Sweden, focusing on high-performance computing and artificial intelligence workloads [3][4] - The partnership aims to combine renewable energy infrastructure with flexible financing solutions to enhance growth in the high-demand data center market [2][5] Company Overview - EdgeMode, Inc. specializes in high-performance, sustainable computing infrastructure, with a focus on energy-efficient colocation facilities for AI and cloud computing [7] - Vertical Data Ltd. provides integrated AI infrastructure and GPU financing solutions, including GPU hardware procurement and cluster design [10] Collaboration Details - The collaboration will leverage EdgeMode's Marviken Smart Energy Cluster, which features 95 MW of renewable power and advanced cooling technologies, alongside Vertical Data's AI hardware and financing capabilities [4][9] - The joint offering aims to deliver a comprehensive solution for global AI and HPC customers, facilitating scalable and cost-effective compute capacity [4][5] Market Strategy - Both companies will engage in joint marketing activities, including co-developing marketing materials and participating in industry events to promote the project [6][9] - The first customer-ready solutions are expected to be showcased at upcoming industry events, indicating a proactive approach to market engagement [6]
American Shared Hospital Services Reports Second Quarter 2025 Financial Results
Prism Media Wire· 2025-08-13 11:01
Core Viewpoint - American Shared Hospital Services reported a 16% sequential increase in total revenue for Q2 2025, driven by growth in treatment volumes and expansion of services [2][5]. Financial Performance - Q2 2025 revenue reached $7,071,000, a 0.2% increase compared to Q2 2024, attributed to expanded radiation therapy services [6]. - Revenue from direct patient services was $3,500,000, an 11% increase year-over-year, primarily due to acquisitions in Rhode Island and the new facility in Puebla, Mexico [6]. - The medical equipment leasing segment saw an 8% decrease in revenue to $3,571,000, impacted by lower Gamma Knife volumes and the expiration of customer contracts [7]. - Proton beam radiation therapy revenue decreased to $1,921,000 from $2,420,000 in the prior year, reflecting cyclical fluctuations [7]. Treatment Volume and Revenue Breakdown - Radiation therapy revenue for Q2 2025 was $2,541,000, up from $1,892,000 in Q2 2024, driven by the Rhode Island centers and Puebla operations [8]. - Gamma Knife revenue increased by 25% sequentially but decreased by 5% compared to Q2 2024 [5]. - LINAC revenue grew by 7% sequentially and 34% year-over-year [5]. - Proton beam radiation therapy revenue increased by 17% sequentially but decreased by 21% compared to Q2 2024 [5]. Profitability and Loss - The company reported a net loss of $280,000 or $0.04 per share for Q2 2025, compared to a net income of $3,602,000 or $0.55 per diluted share in Q2 2024 [9]. - Adjusted EBITDA for Q2 2025 was $1,701,000, down from $2,010,000 in Q2 2024 [9]. Long-term Growth Strategy - The CEO emphasized a focus on expanding the business model and operational enhancements, with expectations for growth from new installations in Mexico and recent approvals for new treatment centers in Rhode Island [4]. - The company has experienced four consecutive years of revenue growth and three years of sustained profitability, with ongoing strategic acquisitions to bolster growth potential [4]. Balance Sheet Highlights - As of June 30, 2025, cash and cash equivalents totaled $11,331,000, slightly up from $11,275,000 at the end of 2024 [14]. - Shareholders' equity was $24,481,000 or $3.78 per share, down from $25,183,000 or $3.92 per share at the end of 2024 [14].
Ethical Web AI Announces Distribution Deal with Ingram Micro and a Significant Upgrade to AI Vault
Prism Media Wire· 2025-08-12 12:33
Core Insights - Ethical Web AI has announced a significant distribution deal with Ingram Micro for its AI product, AI Vault, which addresses data protection compliance issues faced by generative AI applications [3][4] - The release of AI Vault version 1.5 Beta enhances its functionality and accessibility, allowing subscriptions to be purchased directly from the company's website, thus expanding its target market [7][8] Company Overview - Ethical Web AI is focused on developing innovative software solutions that comply with data protection regulations, particularly the EU GDPR, which has been a barrier for many enterprises using generative AI products [8] - The company aims to achieve cash flow positivity within nine months, leveraging its partnership with Ingram Micro and Amazon Web Services (AWS) [6] Product Details - AI Vault is a patent-protected solution designed to be compatible with data protection regulations, making it a safer alternative to existing generative AI products like Chat GPT [8] - The new version, AI Vault 1.5 Beta, includes improved functionality such as document uploading and a user-friendly interface, along with educational resources to assist clients [7][8] Market Strategy - Ingram Micro will initially manage the relationship with AWS and later market AI Vault directly to its existing client base, enhancing sales opportunities [5][6] - The partnership with Ingram Micro is expected to significantly increase Ethical Web AI's total addressable market, particularly among small to medium-sized businesses [7][8]
JP3E Completes $300 Million (Certified, Appraised) Khan Gallery Asset Acquisition for Tokenization, Primed for MetaRock's Exclusive, Decentralized Blockchain-Powered Tokenization Facility
Prism Media Wire· 2025-08-08 16:57
Company Overview - JP3E Holdings, Inc. has completed the acquisition of rare artwork from the Khan Gallery valued at $300 million, exchanging it for 150 million shares of JP3E common stock at $2.00 per share [3][4] - The acquired collection consists of 20,000 pieces of rare artwork, some over 6,000 years old, with more than half appraised [4][6] - The acquisition is facilitated through MetaRock's decentralized blockchain-powered tokenization facility, aimed at enhancing liquidity and sales for these high-value assets [4][7][8] Industry Insights - The Real-World Asset (RWA) tokenization market is projected to reach $16 trillion by 2030, potentially accounting for 10% of global GDP, indicating significant growth opportunities in the sector [5] - Tokenization is expected to transform the ownership and trading of traditionally illiquid assets, making them more accessible through blockchain technology [5] - The implementation of tokenization for valuable but illiquid assets is theorized to foster liquidity and profitability, presenting a valuable utilization of blockchain resources [5] Technological Advancements - MetaRock, a wholly owned subsidiary of JP3E, provides a decentralized blockchain-based metaverse network service designed to ensure risk-free transaction finalization [9][10] - The technology allows for seamless transactions and includes features for gaming, VR, AI, entertainment, and e-commerce, enhancing user experience in the metaverse [9][10] - The scientific appraisal of the artwork utilizes advanced technology, including the 6th Rock Yangam Quantum Appraisal Device, which boasts a 99% accuracy rate [6]
Easy Environmental Solutions introduces Nano Void technology into 2 new industries with orders for systems for local Minnesota businesses
Prism Media Wire· 2025-08-07 12:41
Core Viewpoint - Easy Environmental Solutions Inc. is expanding its Nano Void technology into new industries, with installations planned for a livestock truck washing operation and a resort in Minnesota, valued at approximately $200,000, which will generate recurring revenue streams [2][5][9]. Group 1: Technology and Applications - The Easy Nano Void 60 model will be installed at a livestock truck washing operation, injecting 1.6 trillion super oxygenated Nano Void bubbles per gallon into liquid manure, which helps break down waste and eliminate odors [3][5]. - A second Easy Nano Void 30 model will be installed at a resort in Northern Minnesota to dredge muck from the swimming area of the lake using the proprietary Terreplenish solution [7][9]. - The company offers three Nano Void models (150, 60, 30) for various applications, including agriculture and water treatment, and a 450 model for oil separation, all of which are membrane-free and more efficient than competitors [5][10][11]. Group 2: Market Potential and Revenue - The two projects in Minnesota are expected to yield ongoing revenue from Easy Nano Void Operating License fees and the sale of Terreplenish, highlighting the potential for recurring revenue streams [5][9]. - The technology is positioned as a sustainable solution for rural communities facing failing waste systems, with plans for widespread adoption across similar installations nationwide [3][5]. Group 3: Company Vision and Leadership - CEO Mark Gaalswyk emphasizes the need for chemical-free water restoration solutions, aiming to address global challenges related to water treatment and desalination [5][14]. - The company is focused on sustainability and efficiency, developing modular technologies to solve major environmental issues [15].
Creatd's Flyte AI-Driven Platform Advances New Empty Legs Offering
Prism Media Wire· 2025-08-06 13:32
Core Insights - Creatd's aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which provides pre-scheduled one-way flights at significantly reduced rates, aiming to monetize aircraft repositioning and lower costs for consumers [3][5] - The Empty Legs program offers discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [5][7] - The initiative is expected to generate high-margin revenue and provide valuable data insights for future scheduled services, particularly for Vision Jet routes [6][10] Pricing and Revenue Model - Flyte's Empty Legs program allows the conversion of unavoidable repositioning expenses into a profitable revenue stream, with minimal variable costs [5] - Each booking serves as a data point for real-world demand, guiding the development of future ticket-based services [6][10] Market Strategy - Flyte is collaborating with a select group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to inform service rollout [8][9] - The program aims to refine pricing algorithms and deepen partnerships with operators, facilitating the launch of scheduled Vision Jet shuttles [10] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters [9] - The inventory for Empty Legs is searchable in real-time via Flyte's web app, maximizing seat absorption and data capture [9]
REAlloys Appoints The Honorable Brad Wall former Premier of Saskatchewan to Corporate Board of Directors
Prism Media Wire· 2025-08-01 12:32
Company Overview - REalloys Inc. has appointed Brad Wall, former Premier of Saskatchewan, to its Corporate Board of Directors, enhancing its leadership team as it develops a vertically integrated critical mineral supply chain [1][4] - The company operates a facility in Euclid, Ohio, focused on downstream magnet material and critical metals, and owns the Hoidas Lake Rare Earth Elements Project in Saskatchewan, which has a significant Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) [6][7] Leadership Background - Brad Wall served as the 14th Premier of Saskatchewan from 2007 to 2018, during which he implemented reforms that led to the creation of 60,000 new jobs and reduced the province's operating debt by nearly $1 billion [2][3] - His leadership is characterized by a focus on economic growth, fiscal responsibility, and the establishment of Saskatchewan's first-ever AAA credit rating [2] Strategic Initiatives - REalloys is building a critical mineral supply chain independent from Chinese materials, which is seen as a significant step for North American national security [5] - The company has a Memorandum of Understanding (MOU) with The Saskatchewan Research Council to support its supply chain efforts, indicating a collaborative approach to enhancing its operational capabilities [4]
Aemetis to Review Second Quarter 2025 Financial Results on August 7, 2025
Prism Media Wire· 2025-08-01 12:02
Core Viewpoint - Aemetis, Inc. will host a conference call on August 7, 2025, to review its second quarter 2025 financial results [3] Group 1: Conference Call Details - The conference call is scheduled for Thursday, August 7, 2025, at 11 am Pacific Time (PT) [3] - Participants can join the call using a toll-free number or an international dial-in option, with an entry code provided [3] - A webcast of the call will be available on the company's website, along with a presentation and recent announcements [4] Group 2: Company Overview - Aemetis is headquartered in Cupertino, California, and focuses on renewable natural gas and renewable fuel technologies [5] - The company operates a biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas [5] - Aemetis owns a 65 million gallon per year ethanol production facility in California and an 80 million gallon per year biodiesel production facility in India [5] - The company is also developing sustainable aviation fuel and renewable diesel fuel biorefineries, along with renewable hydrogen and hydroelectric power projects [5]
�Nephros Schedules Second Quarter 2025 Financial Results Conference Call
Prism Media Wire· 2025-07-31 20:00
Core Viewpoint - Nephros, Inc. is set to announce its second-quarter financial results on August 7, 2025, followed by a conference call to discuss these results [1]. Group 1: Financial Results Announcement - Nephros will file its second-quarter financial results after market close on August 7, 2025 [1]. - A conference call is scheduled for the same day at 4:30 pm ET to discuss the financial results [1]. Group 2: Conference Call Details - Participants can join the call via domestic access at 1 (844) 808-7106 and international access at 1 (412) 317-5285 [2]. - An audio archive of the call will be available shortly after the event on the Nephros Investor Relations page [2]. - A replay of the call can be accessed until August 15, 2025, using specific access codes for domestic and international callers [2]. Group 3: Company Overview - Nephros is focused on enhancing the human relationship with water through innovative filtration technology [3]. - The company provides water filtration products and services, along with water-quality education, targeting both medical and commercial markets [3]. - Nephros offers proactive and emergency solutions for water management [3].
VGTel Inc. Unveils VegaCore AI as U.S. Accelerates AI and Education Reform
Prism Media Wire· 2025-07-31 12:42
VGTel Inc. Unveils VegaCore AI as U.S. Accelerates AI and Education Reform Key Highlights: Lander, WY, July 31, 2025 – PRISM MediaWire – VGTel, Inc. (OTC:VGTL) is proud to announce the official launch of VegaCore™ AI, a next-generation, fully independent space science platform integrating AI-powered galaxy cataloging, blockchain-authenticated imagery, and subscription-based monetization. The platform debuts at a historic moment, aligned with sweeping U.S. federal initiatives in artificial intelligence, infr ...