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Edge Total Intelligence Announces Issuance of Restricted Stock Units to Lotus Domaine III
Newsfile· 2025-09-02 07:01
Group 1 - Edge Total Intelligence Inc. (edgeTI) has approved the issuance of Restricted Stock Units (RSUs) to Lotus Domaine III, LP for consulting services, pending approval by the TSX Venture Exchange [1][2] - The consulting agreement with Lotus will provide edgeTI with guidance on capital market and private equity fundraising, investment opportunities, market positioning, and acquisition targeting from August 29, 2025, to December 31, 2027 [2][3] - A total of 1,593,813 RSUs will be issued as Share-Settled Share Units, vesting one year from the grant date, with an additional grant of 1,145,913 RSUs for the second year of the agreement [3] Group 2 - edgeTI offers real-time digital operations software, edgeCore™, which integrates multiple software applications and data sources to enhance situational awareness and accelerate decision-making for global enterprises, service providers, and governments [4] - The platform's low-code development capability allows customers to improve margins and agility by transforming siloed systems and data across various business and technology domains [4]
EdgeTI to Discuss Data Supremacy and Situational Awareness of Space Assets at SPACE Industry & Government Summit & Expo
Newsfile· 2025-08-20 07:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has been invited to host a panel session at the SPACE Industry & Government Summit & Expo, scheduled for August 27-29, 2025, in National Harbor, MD [1][7] - The panel will focus on "Data Supremacy and Situational Awareness of Space Assets," highlighting the importance of secure and economical data integration for comprehensive space situational awareness [5][6] - The company will showcase its edgeCore™ Platform, which is a TRL9 (highest readiness level) digital twin and secure data mesh solution, at Booth 501 during the event [5][10] Company Overview - EdgeTI specializes in Real-Time Digital Operations software, helping customers maintain situational awareness and accelerate actions through its edgeCore™ platform [10] - The platform integrates multiple software applications and data sources into a cohesive Digital Twin experience, enhancing profitability and agility for global enterprises, service providers, and governments [10] Event Details - The SPACE Industry & Government Summit & Expo aims to connect innovators from the space industry with stakeholders from investment, corporate, and government sectors, fostering collaboration and showcasing groundbreaking technologies [7][8] - The event is co-located with the MOSA Industry & Government Summit and Expo, which focuses on the Modular Open System Approach (MOSA) for managing systems and fostering collaboration across project managers [6][9]
EdgeTI Signs Platform Partnership with Multi-National Defense Contractor Austal Australia (ASB) to Integrate EdgeTI into Their Customer Operating Eco-Systems
Newsfile· 2025-07-14 07:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has partnered with Austal Australia to integrate its real-time digital operations software, EdgeCore, into Austal's customer operating ecosystems [1][2][5] - The partnership aims to leverage Austal's maritime expertise to expand edgeTI's presence in the Asia Pacific region [5] - Austal Australia will have the capability to integrate, procure, and configure EdgeCore for its own use and for its global customer base [2] Company Overview - EdgeTI specializes in real-time digital operations software that enables AI-driven Digital Twins, enhancing situational awareness and operational efficiency for various sectors [1][8] - Austal Australia is a leading global shipbuilder and defense contractor, recognized as Australia's largest defense exporter and the world's largest aluminum shipbuilder [6] - Austal has a strong track record, having contracted over 350 vessels for more than 122 operators in 59 countries over 35 years [6]
Edge Total Intelligence Recognized in the Gartner Hype Cycle for the Future of Enterprise Applications, 2024
Newsfile· 2025-06-12 07:01
Group 1 - Edge Total Intelligence Inc. has been recognized by Gartner in its Hype Cycle for the Future of Enterprise Applications, 2024, as a Sample Vendor in the Digital Twins category [1][2] - The report highlights a transformation in enterprise applications from simple tools to systems of intelligence that enhance algorithmic process optimization and AI-based decision-making [2][4] - The company's edgeCore™ software provides a data mesh capability that integrates authoritative information with control systems across various domains, leveraging generative AI and machine learning to enhance decision-making [4][7] Group 2 - Digital twins are being utilized by enterprises to accelerate business processes and contribute to machine learning and GenAI foundation models, leading to improvements such as cost optimization and enhanced visibility [4][5] - The CEO of edgeTI emphasized that digital twins allow for a unified view across siloed data, facilitating more intelligent operations and better matching the needs of executives and employees [5][6] - EdgeTI offers demonstrations and free evaluations of its digital twin technology to prospective enterprises, showcasing its commitment to innovation in real-time operations [5][7]
Edge Total Intelligence Recognized in the Gartner(R) Hype Cycle for Power and Utility Industry IT, 2024
Newsfile· 2025-05-08 07:01
Core Insights - Edge Total Intelligence Inc. has been recognized as a Sample Vendor in the Digital Twins category by Gartner in its Hype Cycle for Power and Utility IT, 2024 [1][4] - The report emphasizes the necessity for power and utility companies to adopt digital technology to ensure affordable and sustainable services, providing insights for CIOs to align technology investments with business goals [2][4] Company Overview - EdgeTI specializes in real-time digital twin software, which creates composite views of industrial assets and integrates existing technology with digital innovations [4][9] - The company's edgeCore™ software enhances decision-making by uniting authoritative information with control systems across various domains, leveraging generative AI and machine learning [5][9] Industry Context - Digital twins are being utilized by enterprises to accelerate business processes and contribute to machine learning and GenAI foundation models, leading to improvements in cost optimization and new revenue models [4][6] - The opportunity for digital twins extends beyond traditional technology boundaries, allowing the power and utility industry to utilize diverse energy forms and IT infrastructure [6] Stock Options Announcement - The company has granted 250,000 stock options to its director, officer, and consultant, exercisable at CAD$0.39 per share for five years, with vesting occurring in equal tranches [7]
EdgeTI Appoints Mr. Eric Slater, Sr. VP of $3B Data and AI Firm ZETA to Board of Directors
Newsfile· 2025-04-25 07:01
Core Insights - Edge Total Intelligence Inc. has appointed Eric Slater to its Board of Directors effective April 23, 2025, following the resignation of Brett Paulson, who will continue in an advisory role [2][6][7] Company Overview - EdgeTI is focused on enhancing situational awareness and accelerating action through its real-time digital operations software, edgeCore™, which integrates multiple software applications and data sources [8][9] - The company aims to improve profitability and agility for global enterprises, service providers, and governments by transforming siloed systems and data [9] Eric Slater's Background - Eric Slater is a seasoned technology executive with a strong background in artificial intelligence and asset management, having held senior roles at Bridgewater Associates, Citadel, and Instinet [3][4][6] - He currently serves as Senior Vice President of Zeta Labs, leading the development of advanced AI capabilities for Zeta Global's marketing cloud platform [4][6] - Slater co-founded UrgentIQ, an electronic medical records platform, successfully raising $4.5 million and achieving a strategic exit [5] Strategic Fit - The CEO of EdgeTI, Jim Barrett, emphasized that Slater's technical depth and strategic insight align well with the company's target market, which seeks to leverage emerging technologies for sustainable growth [7]
EdgeTI Recognized in the Gartner(R) Hype Cycle for Managing Operational Technology, 2024
Newsfile· 2025-04-09 07:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has been recognized as a Sample Vendor in the Digital Twins category in the Gartner® Hype Cycle™ for Managing Operational Technology, 2024 [1][3] - The recognition highlights the importance of digital twins in optimizing industrial asset management and improving operational efficiency across various sectors [3][4] Company Overview - EdgeTI provides real-time digital twin software, specifically through its edgeCore™ platform, which integrates data and control systems from various domains [3][6] - The company aims to enhance situational awareness and accelerate decision-making for global enterprises, service providers, and governments [6] Industry Context - Digital twins are increasingly utilized by enterprises to streamline business processes, enhance visibility, and create new revenue models [3][4] - The technology is particularly relevant in industries such as construction, defense, environmental services, and logistics [4]