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UPAY Inc. - AML GO Accelerates Growth with 30 New Clients in two weeks
GlobeNewswire· 2025-04-22 11:07
Core Insights - AML GO has achieved a significant growth milestone by onboarding 30 new clients in under two weeks, driven by its partnership with ACPAS [2][3] - The integration of AML technology into financial systems like ACPAS is validated as a successful strategy for creating immediate value for clients [3] - AML GO is preparing to engage with influential stakeholders to present its compliance solutions, focusing on mitigating money laundering and terrorist financing [4] Company Overview - AML GO (Pty) Ltd specializes in automated AML compliance, screening, credit vetting, and risk management tools, aimed at preventing financial crime across Africa [5] - ACPAS, a subsidiary of UPAY Inc., is recognized for its innovative loan management software, making it a strategic partner for AML GO [6] - UPAY Inc. operates as a fintech holding company that invests in financial software platforms and data intelligence tools, enhancing compliance and user experience through its subsidiaries [9] Strategic Partnerships - AML GO has secured two key group partnerships aimed at scaling its impact and promoting the adoption of AML technologies across the sector [3][7] - The partnerships are designed to create a self-propagating ecosystem of compliance, extending AML GO's reach within the Southern African Development Community [7] Regulatory Engagement - Upcoming presentations to regulatory stakeholders will highlight AML GO's innovative approaches to compliance and risk management, emphasizing efficiency in fulfilling regulatory obligations [4]
Gilat Receives Over $15 Million in Orders from Leading Satellite Operators
Newsfilter· 2025-04-22 11:04
Core Insights - Gilat Satellite Networks Ltd. announced over $15 million in orders from leading global satellite operators, with deliveries scheduled throughout 2025 [1] - The orders indicate strong momentum for Gilat's equipment and services across various satellite constellations, particularly in In-Flight Connectivity (IFC) [2][3] - Gilat's comprehensive solutions are recognized for their flexibility and performance, meeting increasing connectivity demands across multiple verticals [3] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [4] - The company offers integrated solutions supporting multi-orbit constellations and Very High Throughput Satellites (VHTS) through its Commercial and Defense Divisions [5] - Gilat's product portfolio includes cloud-based platforms, high-performance satellite terminals, and advanced antennas, catering to various applications including government, defense, and broadband access [6]
Lifecore Biomedical to Participate at Upcoming CDMO Live 2025 Conference
Newsfilter· 2025-04-22 11:00
Core Insights - Lifecore Biomedical, Inc. will participate in the CDMO Live 2025 conference, a key event for the biopharma outsourcing industry, scheduled for May 7-8, 2025, in Rotterdam, Netherlands [1] - Jackie Klecker, Lifecore's executive vice president, will lead a discussion on transforming quality management into a strategic driver for CDMO partnerships, leveraging her 30 years of industry experience [2] Company Overview - Lifecore Biomedical is a fully integrated contract development and manufacturing organization (CDMO) specializing in the development, fill, and finish of sterile injectable pharmaceutical products, including complex formulations [3] - The company has over 40 years of expertise in manufacturing premium, injectable-grade hyaluronic acid and serves global and emerging biopharmaceutical and biotechnology companies across various therapeutic categories [3]
Barrick Announces Sale of Stake in Donlin Gold Project for Up To $1.1 Billion
Newsfilter· 2025-04-22 11:00
Core Viewpoint - Barrick Gold Corporation has agreed to sell its 50 percent interest in the Donlin Gold Project for $1 billion in cash, allowing the company to optimize its asset portfolio and focus on long-term sustainable operations [1][4]. Group 1: Transaction Details - The sale involves Paulson Advisers LLC acquiring 80 percent and NOVAGOLD Resources Inc. acquiring 20 percent of Barrick's subsidiary's interest in Donlin Gold LLC [2]. - Barrick has granted NOVAGOLD an option to purchase the outstanding debt related to the Donlin Gold Project for $90 million if purchased before closing, or $100 million within 18 months after closing [1]. Group 2: Financial Implications - Proceeds from the sale will be utilized to strengthen Barrick's balance sheet, invest in future projects, and support shareholder returns [3]. - The transaction is expected to be completed in late Q2 or early Q3 of 2025, subject to customary closing conditions and regulatory approvals [5]. Group 3: Strategic Focus - Barrick's president emphasized the strategic decision to exit the Donlin Gold Project at an attractive valuation, allowing NOVAGOLD and Paulson to develop the project while Barrick focuses on its priority growth projects [4].
StoneX Precious Metals Vault in New York is granted CME Registered Depository status for Gold, Silver, Platinum, and Palladium
Newsfilter· 2025-04-22 11:00
Core Insights - StoneX Group Inc. has received approval from CME Group to operate a New York vault for storing and delivering precious metals, enhancing its integrated offerings in this sector [1][2][3] Group 1: Approval and Infrastructure - The approval allows StoneX clients to access the COMEX and NYMEX delivery network through the New York vault, facilitating secure storage and direct exchange access for institutional traders and other clients [2][3] - The New York vault is one of only 11 depositories in the U.S. approved for COMEX and NYMEX deliveries, positioning it as a key logistical hub for exchange-traded metals [3] Group 2: Market Context and Demand - There has been a record influx of physical metal into New York, with COMEX inventories exceeding 43 million ounces of gold in Q1 2025, indicating strong global demand for U.S.-based storage solutions [2] - The establishment of the New York vault enhances market infrastructure and expands delivery options for clients, reinforcing StoneX's capabilities in physical metals logistics [2][3] Group 3: Strategic Vision and Leadership - The approval aligns with StoneX's long-term strategy to create a fully integrated global metals platform, enhancing its ability to serve clients from trade execution to physical settlement [4] - Leadership emphasizes the significance of this development in providing seamless, end-to-end solutions for precious metals clients, highlighting the firm's unique position as both a regulated FCM and an exchange-approved depository [4]
Concorde International Group Announces Pricing of $5,000,000 Initial Public Offering
GlobeNewswire· 2025-04-22 11:00
Singapore, April 22, 2025 (GLOBE NEWSWIRE) -- Concorde International Group Ltd. (NASDAQ: CIGL) (“Concorde” or the “Company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced the pricing of its initial public offering (the "Offering") of 1,250,000 Class A ordinary shares (the "Class A Ordinary Shares") at a public offering price of US$4.00 per share. The Class A Ordinary Shares have been approved for l ...
Balchem Corporation Releases 2024 Sustainability Report
GlobeNewswire· 2025-04-22 11:00
MONTVALE, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today published its 2024 Sustainability Report. Our Sustainability Report outlines the Company's ongoing commitment to providing employees, customers, shareholders, and the communities in which we operate with information on Balchem's sustainability initiatives, guided by our core values and our vision of making the world a healthier place. “I am pleased with the progress Balchem continues to make in advancing our broad-ba ...
Kapsch TrafficCom improves road safety in Georgia with smart corridor
GlobeNewswire· 2025-04-22 11:00
Gwinnett County road network made safer with smart corridorKapsch TrafficCom is providing its complete Connected Vehicle (CV) portfolioCounty-wide project creates model for easier CV deployment in neighboring counties DULUTH, Ga., April 22, 2025 (GLOBE NEWSWIRE) -- Kapsch TrafficCom has completed deployment and transitioned to the operations and maintenance phase of a turnkey smart corridor project covering almost 400 intersections in Gwinnett County, Georgia. As part of this initiative, Kapsch TrafficCom ...
One of U.S.’s Largest Drone Manufacturers of Small-Sized Drones Places its 6th Production Scale Order for Mobilicom’s Cybersecure Drone Solutions
GlobeNewswire· 2025-04-22 11:00
Demonstrates continuous growth through ongoing re-orders from Tier-1 manufacturers Customer’s drones are gaining strong traction with U.S. Department of Defense (DoD) and other defense purchasers Palo Alto, California, April 22, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced receipt of its latest, the sixth, commercial scale follow-on order for its SkyHopper PRO datalinks from one of the largest U.S. drone ...
Medicenna to Present at the 2025 Bloom Burton & Co. Healthcare Investor Conference
GlobeNewswire· 2025-04-22 11:00
TORONTO and HOUSTON, April 22, 2025 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQX: MDNAF), a clinical-stage immunotherapy company focused on the development of Superkines targeting cancer and autoimmune diseases, today announced that Dr. Fahar Merchant, President and CEO of Medicenna, will present and participate in one-on-one meetings at the 2025 Bloom Burton & Co. Healthcare Investor Conference being held in Toronto on May 5-6, 2025. Details on the prese ...