LONDON: Global Connectivity plc (AQSE: GCON), focused on enhancing communication services and technologies, has announced a further combined capital investment of £20 million in UK broadband provider Voneus Limited by its shareholders on November 14. Global Connectivity holds its stake in Voneus through its investment in Rural Broadband Solutions Holdings Limited (RBSHL). As previously reported…
Inter-American Development Bank (IDB) proposal for US$200 million funding for ATOME
LONDON: ATOME (AIM: ATOM), a leading developer of international green fertilizer projects, has announced that IDB Invest, the private investment arm of the Inter-American Development Bank (IDB), is proposing to provide US$200 million in debt funding for ATOME’s Villeta Project in Paraguay. This funding proposal is subject to contract and follows the satisfactory completion of…
FDA clears XENOVIEW 3T Chest Coil in GE HealthCare MRI Systems
LONDON: Polarean Imaging plc (AIM: POLX), a commercial-stage medical imaging technology leader in advanced Magnetic Resonance Imaging (“MRI”) of lung function, announces that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the Company’s specialised MRI Chest Coil to now include GE HealthCare 3 Tesla (3T) MRI scanners for the…
ECR Minerals accepts conditional offer for surplus land in Victoria
LONDON: ECR Minerals plc (LON: ECR), a company focused on gold exploration and development in Australia, has announced it has accepted, in principle, a conditional offer of A$225,000 for the sale of its surplus land at Brewing Lane in Victoria. The purchaser, who plans to settle the offer in cash upon completion, must secure suitable…
Cohort plc acquires Australia based EM Solutions for £75.0 million
LONDON: Cohort plc (AIM: CHRT), an independent technology group, has announced a conditional agreement to acquire the entire issued share capital of EM Solutions Pty Ltd, which includes EM Solutions (Europe) B.V., from Electro Optic Systems Holdings Limited (EOS). The acquisition, valued at AUD$144.0 million (approximately £75.0 million), is subject to customary post-completion adjustments. EM…
Movius expands global coverage to Scandinavia
Movius, a leading global provider of secure, AI-powered communications software, announced the expansion of its global voice and SMS coverage to Sweden, Finland, and Denmark. This marks the 19th country where Movius has launched its flagship MultiLine™ solution. MultiLine provides an intuitive, mobile-first phone experience, allowing employees to use their business mobile identity for voice,…
Valora Therapeutics raises $30 million seed financing
Valora Therapeutics Inc., a biotechnology company specializing in immunotherapy, has successfully closed its seed funding round. The investment was co-led by Avalon BioVentures, Bregua Corporation, and TigerGene, with additional support from Alexandria Venture Investments and Correlation Ventures. The funds will be used to advance Valora’s AbLec (Antibody-Lectin chimera) platform, which aims to restore proper immunological…
Veritone launches data refinery to transform unstructured data
Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI solutions, has announced the launch of Veritone Data Refinery (VDR). This new offering is designed to help businesses convert large amounts of unstructured data into high-quality, AI-ready assets using Veritone’s aiWARE™ platform. VDR allows organizations to transform and manage video, audio, and text data for training…
NAI Group to open new manufacturing facility in Malaysia
NAI Group, a provider of advanced high-performance interconnect solutions for mission-critical industrial technology, medical, and telecommunications applications, today announced the expansion of its manufacturing footprint into Southeast Asia. The new facility, based in Malaysia, is expected to be fully operational in the second quarter of 2025. The state-of-the-art facility, located in the Bayan Lepas Industrial…
Global Sustainable Energy completes third solar and storage system in Australia
LONDON: VH Global Sustainable Energy Opportunities plc (GSEO) has successfully completed the construction and commissioning of its third solar and storage hybrid system in New South Wales (NSW) on time and within budget. This achievement follows the recent completion of two hybrid systems in the same region, increasing the operational portion of the Company’s portfolio…
Pulsar Helium signs agreement with Chart Industries for gas processing technology
LONDON: Pulsar Helium Inc., listed on the AIM, TSXV, and OTCQB exchanges, has announced that its subsidiary, Keewaydin Resources Inc., has signed an agreement with Earthly Labs, a subsidiary of Chart Industries. Chart Industries is a major supplier of industrial gas processing equipment with a market capitalization of approximately $7.1 billion. The agreement sets the…
Oakley Capital invests in Konzept & Marketing
LONDON: Oakley Capital, a leading pan-European private equity investor, is pleased to announce that Oakley Capital Fund V is investing in Konzept & Marketing (“K&M”). K&M is a leading, independent Managing General Agent (“MGA”) in the German, personal non-life insurance market. Oakley will be investing alongside insurance veteran, Joachim Müller, former CEO of Allianz Commercial,…