Kinetic Seas and Sagtec Enter into Major Five-Year Agreement to Launch Private White-Labeled SKILLIKS Platform
Globenewswire· 2025-08-25 12:55
Core Insights - Kinetic Seas Incorporated and Sagtec Global Limited have signed a multi-year agreement to deploy a private white-labeled version of the SKILLIKS AI platform, emphasizing the growing importance of AI in Southeast Asia [1][2] Group 1: Agreement Details - The collaboration is structured as a five-year licensing and collaboration arrangement valued at $2 million USD, which includes a long-term revenue share component [2][8] - The SKILLIKS platform will be hosted on secure U.S.-based cloud servers, allowing Sagtec to utilize it for internal AI software development and client projects [8] Group 2: Strategic Importance - This partnership aims to enhance Sagtec's IT capabilities and provide AI-enabled solutions to clients, thereby expanding their market reach [2][4] - Kinetic Seas emphasizes that the primary barrier to AI adoption at the enterprise level is not the technology itself but existing business processes [4] Group 3: Features and Benefits - The licensed platform will serve as a capability accelerator for Sagtec's IT department, offering access to AI training curriculum, personalized staff evaluations, and tailored training sessions [3][8] - The agreement is expected to deliver significant savings and efficiency gains for both companies, making advanced AI more accessible [4]
WISeKey Unveils Its Next-Generation WISeID: A Fully Decentralized Identity Platform for People and Objects
Globenewswire· 2025-08-25 12:55
Core Viewpoint - WISeKey has launched a next-generation WISeID, a fully decentralized identity platform that integrates its people identity platform and object identity platform, aiming to enhance digital identity security and user autonomy in a decentralized internet environment [1][10]. Group 1: Product Development and Features - The new WISeID platform is built on WISeKey's 25 years of experience in digital identity, allowing individuals and connected devices to interact and transact securely with full autonomy [1][2]. - WISeID and SEALCOIN now utilize the "Quantum Root Key," a post-quantum cryptographic solution designed to protect digital identities against quantum computing threats [4][5]. - The platform offers free identity validation through smartphone or computer cameras, enabling users to confirm their identity via official ID scanning and facial recognition [8]. - New digital certificates provide various assurance levels, from free email-only certificates to advanced certificates with verified details [8]. - A new document signing solution allows users to sign PDFs from any device, generating secure single-use certificates for each signature [9]. Group 2: Market Context and Need - Recent social media hacks highlight vulnerabilities in centralized systems, emphasizing the urgent need for a decentralized identity model that preserves user privacy and enhances security [3]. - The rise of quantum computing poses a significant threat to existing encryption methods, necessitating a shift to new cryptographic paradigms like the one WISeKey is developing [5]. Group 3: Competitive Advantage and Vision - WISeID offers an alternative to dominant identity service providers, empowering users to maintain control over their digital identities without exploitation for commercial gain [7]. - The combined WISeID and SEALCOIN ecosystem leverages blockchain technology to manage verifiable credentials while ensuring strong privacy protections by keeping private user data off-chain [6]. - WISeKey's mission is to secure digital identities for individuals and objects, ensuring trust and digital sovereignty in an increasingly connected world [10].
Troilus to Accompany Prime Minister of Canada and Minister of Energy and Natural Resources on Critical Minerals Mission to Germany; Also Participating in Japan and Korea Investment Forums
Globenewswire· 2025-08-25 12:52
Core Insights - Troilus Gold Corp. has been invited to participate in two significant Canadian government-led international missions, highlighting the strategic importance of its copper-gold project to Canada's critical minerals agenda [1][4] - The company will join a Canadian business delegation to Berlin, Germany, to showcase its role as a major future copper-gold producer and its partnerships with key players in the supply chain [2][4] - Troilus will also attend the Canadian Critical Minerals Investment Forum in Tokyo, Japan, and Seoul, Korea, to engage with global investors and industry leaders [3][4] Company Overview - Troilus Gold Corp. is a Canadian development-stage mining company focused on advancing the former Troilus Mine towards production, located in Quebec, Canada [5] - The company holds a significant land position of 435 km² in the Frôtet-Evans Greenstone Belt and has completed a Feasibility Study supporting a large-scale 22-year, 50ktpd open-pit mining operation [5]
AITX’s RAD Launches Logistics Market Solution With ROAMEO
Globenewswire· 2025-08-25 12:40
Client Feedback from Complete RAD Security Solution Offers Significant Potential Detroit, Michigan, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCID:AITX), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced an expanded emphasis on serving the logistics sector. This initiative is driven by strong client response to the recent addition of ROAMEO™ Gen 4 and SARA™ to RAD’s security solutions. With deep indust ...
VERSES® Receives Patent for Specifying Domain Models with Active Inference Agents
Globenewswire· 2025-08-25 12:40
Core Insights - VERSES AI Inc. has been issued a patent for a novel method and system that enables software agents to generate predictions and perform domain-specific tasks using natural language [2][3] Company Overview - VERSES is a cognitive computing company focused on developing next-generation agentic software systems inspired by natural principles [4] - The flagship product, Genius™, is designed to provide reliable domain-specific predictions and decisions under uncertainty [4] Patent Details - The patent titled "A Method and System for Specifying an Active Inference based agent using Natural Language" represents a significant advancement in the design of domain models [2] - The technology aims to make intelligent agents more powerful and accessible for enterprises [3]
Mama’s Creations to Host Second Quarter Fiscal 2026 Earnings Call on September 8 at 4:30 p.m. Eastern Time
Globenewswire· 2025-08-25 12:31
EAST RUTHERFORD, NJ, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Mama’s Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal second quarter ended July 31, 2025 after market close on September 8, 2025. Management will host an investor conference call at 4:30 p.m. Eastern time on Monday, September 8, 2025 to discuss the Company’s second quarter fiscal 2026 financial results, provide a corporate update, and conclude with ...
Safety Shot Secures $30 Million Strategic Investment From BONK Core Team and FalconX
Globenewswire· 2025-08-25 12:30
Core Insights - Safety Shot, Inc. has successfully priced a $30 million financing, which includes a registered direct offering of approximately $5 million in cash and a private placement of $25 million paid in BONK tokens, with shares priced at $0.46 each [1][2] - The investment reflects significant demand for the company's new strategic direction, providing a fortified balance sheet to support aggressive growth strategies [2][3] - The transaction marks a pivotal shift in public companies' engagement with the digital asset space, as Safety Shot acquires a direct stake in the profitable BONK ecosystem, creating a recurring revenue stream [3][4] Financial Details - The financing consists of $5 million in cash and $25 million in BONK tokens, with a total offering of $30 million [1] - Shares are priced at $0.46 each, indicating a structured approach to capital raising [1] Strategic Direction - The company aims to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets in the DeFi space [7] - The partnership with BONK is seen as a foundation for creating a new model for value creation, enhancing the company's growth potential [4][3] Management Commentary - The CEO of Safety Shot emphasized the significance of the investment, highlighting the capital and resources brought by strategic investors to ensure success [4] - Mitchell Rudy, a key figure in BONK, expressed confidence in the partnership, indicating a long-term vision for the ecosystem [4]
PDS Biotech Announces Final Topline Survival Data from VERSATILE-002 Phase 2 Trial in Head and Neck Cancer
Globenewswire· 2025-08-25 12:30
Median Overall Survival (mOS) of 39.3 months in patients with CPS ≥ 1 – best published result with standard of care pembrolizumab or pembrolizumab + chemotherapy is 17.9 months* VERSATILE-003 Phase 3 trial in progress PRINCETON, N.J., Aug. 25, 2025 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (Nasdaq: PDSB) (“PDS Biotech” or the “Company”), a late-stage immunotherapy company focused on transforming how the immune system targets and kills cancers, today announced final topline survival data from its VER ...
Skyline Builders Group Holding Limited Announces Proposed Share Consolidation
Globenewswire· 2025-08-25 12:30
Core Viewpoint - Skyline Builders Group Holding Limited has proposed a share consolidation plan to be presented for shareholder approval, aiming to consolidate ten ordinary shares into one, or a lesser ratio determined by the Board, with the goal of enhancing the company's capital structure [1][2]. Company Overview - Skyline Builders Group Holding Limited operates as an Approved Public Works Contractor in Hong Kong, focusing on civil engineering services, particularly in public sector projects involving infrastructure developments, as well as private sector projects related to residential and commercial developments [5]. - The company primarily undertakes civil engineering works as a subcontractor but is also qualified to act as a main contractor [5]. Share Consolidation Details - The proposed share consolidation will be presented at an extraordinary general meeting, where shareholders will vote on the consolidation ratio, which is set at ten ordinary shares into one, with a minimum of two shares into one [2]. - If approved, the Board will determine the final consolidation ratio and effective date, with implementation expected within one year of approval [2]. - No fractional shares will be issued; any resulting fractional shares will be rounded up to the nearest whole share [3]. Meeting Information - Further details regarding the extraordinary general meeting will be provided in a proxy statement and notice distributed to shareholders [4].
Senvest Capital Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
Globenewswire· 2025-08-25 12:30
Core Viewpoint - Senvest Capital Inc. has announced its intention to initiate a normal course issuer bid (NCIB) to repurchase up to 100,000 common shares, representing approximately 4.12% of its outstanding shares, to enhance market stability and utilize corporate funds effectively [1][3]. Group 1: NCIB Details - The NCIB will allow the Corporation to purchase shares through the TSX and other trading systems, with purchases expected to start on August 27, 2025, and conclude by August 26, 2026, or when the purchases are completed [1]. - Due to low trading volumes, actual purchases may be significantly less than the proposed 100,000 shares, with an average daily trading volume of only 45 shares over the past six months [2]. - The Corporation can purchase up to 1,000 shares on any trading day and make block purchases no more than once per week [2]. Group 2: Management's Perspective - Management believes that repurchasing shares may facilitate an orderly market for its securities and is in the best interests of the Corporation and its shareholders [3]. - The Corporation views its outstanding common shares as an attractive investment opportunity and a prudent use of corporate funds [3]. Group 3: Automatic Purchase Plan - An automatic purchase plan has been established to guide share repurchases during self-imposed blackout periods, complying with Canadian securities legislation and pre-cleared by the TSX [4]. Group 4: Previous NCIB Performance - In the previous NCIB that commenced on August 22, 2024, the Corporation purchased and canceled a total of 16,500 shares at an average price of $358.87 per share through the TSX and 1,200 shares at an average price of $354.06 outside the TSX [5]. Group 5: Business Activities - Senvest Capital Inc. and its subsidiaries are involved in various business activities, including merchant banking, asset management, real estate, and electronic security [6].