Edge Total Intelligence Inc.
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EdgeTI Appoints Rear Adm. William E.
TMX Newsfile· 2026-02-25 08:01
Core Viewpoint - Edge Total Intelligence Inc. has appointed Rear Admiral William E. Chase III to its Industry Advisory Council, enhancing its strategic advisory capabilities in defense technology and cybersecurity [1][9]. Company Overview - EdgeTI specializes in real-time digital twin platforms and decision intelligence software aimed at defense and mission-critical operations [1][6]. - The company’s edgeCore™ Digital Twin platform integrates data, applications, third-party services, and AI to facilitate real-time decision-making in complex environments [6]. Appointment of Rear Admiral Chase - Rear Admiral Chase is recognized for his expertise in cybersecurity, information warfare, and command-and-control operations, with over 33 years of service in the U.S. Navy [3][4]. - His previous roles include Deputy Commander of the Joint Force Headquarters-Department of Defense Information Network, where he led defensive cyberspace operations [4]. - Chase founded Chase C2 post-retirement, advising organizations on cybersecurity strategy and resilient network operations [5]. Strategic Importance - The appointment of Rear Admiral Chase is expected to strengthen EdgeTI's capabilities in operational resilience and multi-domain modernization [3][9]. - His insights are deemed crucial for advancing EdgeTI's mission-driven orchestration and enhancing national security through improved operational intelligence [6].
EdgeTI Forms Partnership with Leading Defense Industrial Conglomerate, NSMICO, to Rapidly Establish EdgeTI Solutions As a Major Defense/Technology Platform Inside Saudi Arabia and Middle Eastern Region
TMX Newsfile· 2026-02-11 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has formed a partnership with Najad Shield Military Industries Holding Co. (NSMICO) to explore the deployment of real-time operational intelligence and decision-support technologies in defense and critical infrastructure across the Middle East and Africa [1][9]. Group 1: Partnership Details - The partnership aims to evaluate and demonstrate technologies such as digital twin and real-time operational intelligence to support defense and government initiatives [1][9]. - NSMICO is recognized as a leading supplier of military and security products in Saudi Arabia, contributing to the Kingdom's Vision 2030 by providing innovative solutions [4][6]. Group 2: Market Context - The collaboration responds to the growing interest in Industry 4.0 in the Middle East, driven by government initiatives like Saudi Vision 2030 and mega-projects such as NEOM, focusing on AI, IoT, and robotics for economic diversification [3][9]. - Key consumption areas identified include smart manufacturing, automation, and digital transformation in sectors like oil & gas, with significant growth expected in aerospace and advanced manufacturing due to state-led investments [3]. Group 3: Company Profiles - EdgeTI specializes in real-time operational intelligence and Digital Twin platforms for government and defense operations, aiming to meet the rising demand in the Middle East and North Africa [5][8]. - NSMICO is committed to global quality standards and innovation, focusing on research and development to localize technology and systems in collaboration with specialized companies worldwide [7]. Group 4: Event Participation - EdgeTI is showcasing its defense technology platforms at the World Defense Show in Riyadh, which previously hosted 773 exhibitors and attracted 106,000 trade visitors, facilitating deals worth 26 billion Saudi Riyals [5][9].
EdgeTI to Demonstrate edgeCore AI-Powered Digital Twin Platform at 2026 WEST Conference
TMX Newsfile· 2026-02-05 08:01
Company Overview - Edge Total Intelligence Inc. (edgeTI) is a leader in real-time digital operations solutions and will exhibit at the WEST Conference in San Diego, CA from February 10-12, 2026 [1][3]. Industry Context - The U.S. shipbuilding industry has faced significant challenges, with the U.S. accounting for only 0.1% of global shipbuilding, while China dominates with 53.3% [2]. Product Offerings - edgeTI will showcase its TRL9 Digital Twin and secure Data Mesh edgeCore™ platform, which aims to provide commanders with data dominance at a lower cost compared to legacy tools [3][4]. - The edgeCore platform enables organizations to achieve mission objectives under budget and ahead of schedule, facilitating faster AI/ML adoption without the need for costly data repositories [4][5]. Conference Significance - The WEST Conference connects over 150,000 professionals from the U.S. Navy, Marine Corps, and Coast Guard, providing valuable networking opportunities and direct feedback from operators to senior military and government officials [6][7][12].
EdgeTI Positioned to Revolutionize Shipyard Backlogs and Accelerate Defense Modernization
TMX Newsfile· 2026-02-03 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) is strategically positioned at the intersection of global defense modernization, digital transformation, AI adoption, and operational scale [1] Industry Overview - The U.S. shipbuilding industry has faced significant challenges, with the U.S. accounting for only 0.1% of global shipbuilding, while China dominates with 53.3% [2] - There is a consensus in the industry that AI and digital twins are essential for addressing shipyard backlogs and enhancing sustainment readiness [3] Company Developments - edgeTI's edgeCore™ platform integrates real-time digital twin intelligence with AI and automation to enhance decision-making and optimize lifecycle performance [4] - The acquisition of software and automation assets from Austal Limited aims to establish new operations in Perth, Australia, enhancing maritime and aviation lifecycle management [5] - The partnership with Austal is expected to deliver integrated, AI-enabled digital twin capabilities crucial for restoring U.S. maritime readiness [6] Strategic Partnerships - edgeTI has expanded its collaboration with Sabel Systems to accelerate digital engineering initiatives in defense manufacturing [8] - This partnership aims to address lifecycle challenges in maritime assets through rapid deployment of mission-ready templates and domain-specific KPIs [9] Leadership and Advisory - The appointment of Lucian Niemeyer to edgeTI's Industry Advisory Council enhances the company's expertise in navigating defense acquisition environments [10] Financial Strength - In late 2025, edgeTI secured an oversubscribed US$8.01 million convertible debenture financing to support accelerated commercialization and digital twin implementations [11] Market Opportunity - The defense and industrial sectors are undergoing modernization, with persistent backlogs and escalating lifecycle costs, where AI-powered digital twins can streamline logistics and predict maintenance needs [12] - The CEO of edgeTI emphasized that digital twins are now operational imperatives, reflecting a strategy to align technology and partnerships for effective decision-making [13]
EdgeTI Secures Renewal with North Wind Group for Multi-Company Digital Twin of an Organization
TMX Newsfile· 2026-01-27 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) has announced a one-year renewal of North Wind Group's digital twin, which provides a unified view of 20 operating companies, enhancing operational efficiency and decision-making [1][3]. Company Overview - EdgeTI specializes in real-time Digital Twins platforms, enabling enterprises to operate with clarity in complex environments [4]. - The edgeCore™ platform integrates various management applications, allowing organizations to identify resource bottlenecks and delivery constraints [2][4]. Partnership and Integration - North Wind Group utilizes edgeTI's edgeCore™ to manage its four business lines, which include environmental, engineering, mission support, and construction [2]. - North Wind Group is also an integration partner for edgeTI, reselling and designing edgeCore™ solutions, which can be sold separately or integrated into existing contracts [3].
EdgeTI Secures Three Year Renewal from Managed HealthCare Insurer for Its Real-Time Digital Operations Solution
TMX Newsfile· 2026-01-16 13:59
Core Insights - Edge Total Intelligence Inc. has announced a three-year renewal of its edgeCore™ subscription software with a prominent health care insurer, emphasizing its commitment to improving client outcomes in a challenging service segment [1] - The company highlights the importance of Digital Twins in addressing complex challenges across various sectors, including healthcare and defense [2] Company Overview - Edge Total Intelligence provides real-time digital operations software, edgeCore™, which enhances situational awareness and accelerates data-driven actions for global enterprises, service providers, and governments [3] - The platform enables customers to improve margins and agility by transforming siloed systems and data, facilitating better operational efficiency [3] Industry Context - U.S. healthcare insurers are currently facing significant challenges such as rising costs, increasing competition, and evolving regulations, which necessitate improved client outcomes [1]
EdgeTI Appoints the Honorable Lucian Niemeyer, CEO and Chair of Building Cyber Security and Former Assistant Secretary of Defense, to Its Industry Advisory Council
TMX Newsfile· 2026-01-13 08:01
Core Insights - Edge Total Intelligence Inc. has appointed Lucian Niemeyer to its Industry Advisory Council to enhance the adoption of edgeCore™ digital twin solutions [1][4] - The IAC aims to promote edgeCore™ solutions that improve situational awareness and accelerate decision-making processes [1][4] Company Overview - Edge Total Intelligence Inc. specializes in real-time digital twin software that integrates multiple applications and data sources into operational digital twins [6] - The edgeCore™ platform is designed to provide clarity, speed, and agility for decision-makers in complex environments [6] Leadership and Expertise - Lucian Niemeyer brings extensive experience in national security, critical infrastructure, and cyber-physical risk management to the advisory council [4][5] - Niemeyer has held significant positions, including CEO of Building Cyber Security and former Assistant Secretary of Defense for Energy, Installations, and Environment [5]
EdgeTI Announces Closing of Acquisition of Austal Australia's Technology Division
TMX Newsfile· 2026-01-06 08:01
Core Viewpoint - Edge Total Intelligence Inc. has successfully completed the acquisition of technology assets from Austal Limited, enhancing its capabilities in aviation and marine applications [1][2]. Group 1: Acquisition Details - The acquisition includes a 100% interest in various software products, including a planning software for aviation, a branched LUSI solution, and an enterprise asset management software suite focused on marine applications [1]. - The company issued 6,075,459 subordinate voting shares to Austal as part of the transaction, representing 9.9% of the issued and outstanding shares at a deemed price of C$1.00 per share [2]. Group 2: Rights and Obligations - Austal has been granted a right of first refusal to partner with the company in utilizing the acquired assets in specific global markets, including Australia, the United States, and several other countries [3]. - Austal has the right to nominate one individual for election to the company's board of directors, which will remain until Austal's shareholding falls below 5% for more than 20 consecutive days [3]. Group 3: Transition and Conditions - Key personnel from Austal will transition to the company to ensure continuity of service for Austal's programs and customers [4]. - If the company does not complete an uplisting transaction to NASDAQ or NYSE within 12 months, or if certain conditions are not met, all rights to the acquired assets will revert back to Austal [4]. Group 4: Company Background - Austal is recognized as a global leader in shipbuilding and defense contracting, having built over 300 vessels for more than 100 operators in 54 countries [6]. - Edge Total Intelligence Inc. specializes in real-time digital operations and decision intelligence solutions, aiming to provide clarity and agility in business operations [7].
EdgeTI Announces Grant of Restricted Share Units
TMX Newsfile· 2026-01-02 21:55
Core Viewpoint - Edge Total Intelligence Inc. has approved the grant of 266,000 restricted share units (RSUs) to a director and consultant as part of its Omnibus Share Incentive Plan, with vesting scheduled for January 2, 2027 [1][2]. Group 1: Company Overview - Edge Total Intelligence Inc. provides real-time digital operations and decision intelligence solutions to enterprises, service providers, and governments [3]. - The company's edgeCore™ platform integrates multiple software applications and data sources into immersive digital twins, enhancing decision-making clarity, speed, and agility across various business and technology scenarios [3]. Group 2: Omnibus Share Incentive Plan - Each RSU will vest on January 2, 2027, and will be settled through the issuance of one subordinate voting share of the Company, in accordance with the Omnibus Plan [2]. - Further details regarding the Omnibus Plan can be found in the management information circular dated November 10, 2025, available on the Company's website and SEDAR+ [2].
EdgeTI Announces Closing of Over Subscribed $8,010,000 USD Private Placement Convertible Debenture Units
TMX Newsfile· 2025-12-15 21:51
Core Viewpoint - Edge Total Intelligence Inc. successfully closed a private placement of convertible debentures, raising US$8,010,000, exceeding initial expectations and marking a significant milestone for the company [1][2][15] Financing Details - The offering consisted of 8,010 units priced at US$1,000 each, resulting in total gross proceeds of US$8,010,000, surpassing the previously announced 7,250 units [2] - Each Debenture Unit includes one unsecured convertible debenture of US$1,000 and 675 subordinate voting share purchase warrants [3] - The Debentures will mature in three years with interest rates of 6.00% in the first year, 8.00% in the second year, and 10.00% in the third year [5] Strategic Implications - The financing is expected to strengthen the company's capital position, enabling acceleration in business development and customer adoption of intelligent automation solutions [4] - The company has completed three non-brokered financings and signed a binding agreement for a strategic transaction with Austal Ltd., indicating ongoing momentum in its strategic plan [4][16] Conversion and Warrant Details - Upon a Trigger Event, accrued principal and interest on the Debentures will convert into shares at a 10% discount to the volume-weighted average price on a US Exchange [6] - Each Warrant allows the holder to acquire one subordinate voting share at C$2.00, with potential acceleration of expiration based on share price performance [7] Regulatory and Compliance Aspects - The closing of the offering is subject to necessary regulatory approvals, including conditional approval from the TSX Venture Exchange [9] - The company will pay the placement agent cash commissions of up to 8% on gross proceeds and issue compensation warrants [10] Company Overview - Edge Total Intelligence Inc. provides real-time situational intelligence and digital twin technologies, aiming to enhance decision-making across various sectors [13]