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Forterra and Higher Ground Announce Mission Driven Partnership
GlobeNewswire News Room· 2025-07-24 13:24
Group 1 - Forterra has announced a formal partnership with Higher Ground to support veterans, first responders, and individuals with disabilities through therapeutic recreation and education [1][2] - The partnership aims to empower veterans by combining Forterra's advanced technology with Higher Ground's therapeutic programs, creating new opportunities for veterans to reconnect and recover [2][4] - Forterra's CEO emphasized the mission to reduce the impact of combat on humans and extend support beyond the battlefield through this partnership [3] Group 2 - Higher Ground has been active for over 25 years, focusing on transforming lives through therapeutic recreation and education, particularly for veterans and first responders [6] - The partnership includes sponsorship of events such as the fall 2025 Fly Fishing Week and aims to facilitate discussions on veteran well-being and transitions into fields like autonomy and defense technology [3][4] - Future initiatives will involve mentorship, technology exposure events, and co-branded service initiatives to enhance the lives of veterans and first responders [3]
Silo Wellness to Relist as Born Defense, a National Security Investment Issuer Focused on Ending Forever Wars and Upholding the Just War Doctrine
Newsfile· 2025-06-02 10:11
Core Viewpoint - Silo Wellness Inc. is transitioning to "Born Defense," focusing on defense and national security investments, guided by the Just War Doctrine, aiming to end "forever wars" and promote responsible national self-defense [1][4]. Company Transition and Strategic Focus - Born Defense will invest in advanced defense technologies, including cybersecurity, autonomous systems, and advanced manufacturing, supporting Canada's defense sector growth in line with NATO's 2% GDP defense spending target by 2027 [2][6]. - The company plans to explore high-potential investments across North America and Europe, delivering ethical and scalable defense solutions [2]. Investment Strategy - The global defense market is projected to reach $676.64 billion by 2029, growing at a 6.4% CAGR, positioning Born Defense to capitalize on growth opportunities [5][6]. - The company aims to leverage strategic capital and deep industry networks to support innovative companies addressing modern security threats [5]. Geopolitical Context - Rising global tensions, including conflicts in Eastern Europe and cybersecurity threats, are driving demand for innovative defense solutions [6][7]. - Born Defense's commitment to ending "forever wars" aligns with the increasing investor interest in socially responsible opportunities [7]. Proposed Changes and Governance - The company will hold a shareholder meeting to approve the name change and elect a board with defense and national security expertise, resulting in a change of control [9]. - The completion of the proposed transaction is subject to various approvals, including financing and regulatory [10]. Divestment and Future Focus - The company plans to divest its psychedelic assets to focus resources on the defense industry, which is seen as having greater growth potential [11][13]. - There is an openness to explore investments in psychedelic therapy aligned with Department of Defense research for PTSD and traumatic brain injuries [11]. Funding and Compliance - Funding for necessary audits and listing statements has been secured, and the company is working to revoke a Cease Trade Order issued due to delayed financial filings [15].