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Avation advances its fleet with low emission aircraft and strategic financial moves

Avation PLC

Avation PLC executive chairman Jeff Chatfield joins Proactive's Stephen Gunnion with more on the company that that specialises in leasing modern commercial passenger aircraft to global airlines. The company's business model involves purchasing, financing, and trading aircraft, with customers including EasyJet, AirBaltic, and several others across various continents. Avation's fleet comprises three main sectors: widebody, narrowbody, and regional aircraft, with a focus on low CO2 emission models adaptable to sustainable aviation fuel. Chatfield said Avation has exercised purchase rights for ten new ATR aircraft with plans for future deliveries spread over the next ten years. This move aligns with their environmental strategy, emphasising aircraft that support reduced carbon emissions. Additionally, the company manages a young fleet, which contributes to its market strength, particularly as industry demand surges post-COVID due to supply constraints from manufacturers like Boeing and Airbus. Chatfield noted that Avation is also restructuring its capital by repurchasing bonds and reducing debt, aiming to optimise its financial leverage and benefit shareholders. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 15, 2024 03:00 AM Eastern Daylight Time

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Cepton, Inc. Secures Engineering Services Agreement with Automotive Giant Koito Manufacturing

Cepton, Inc.

Cepton, Inc. Chief Commercial Officer Mitch Hourtienne joined Steve Darling from Proactive to reveal a significant milestone as the company finalized an Engineering Services Agreement with KOITO MANUFACTURING, a renowned automotive Tier 1 partner and existing shareholder. With a legacy dating back to 1915, KOITO is a global leader in automotive lighting, boasting a network of 30 companies across 13 countries. Under the agreement, KOITO will extend $10 million in engineering services to Cepton to bolster the product development and execution of a major global OEM program. This collaboration will primarily focus on advancing Cepton's near-range lidar technology, essential for Level 4 autonomous driving capabilities in various on-road and off-road scenarios. The partnership underscores Cepton's commitment to delivering cutting-edge solutions in the autonomous driving space, leveraging KOITO's expertise and resources to accelerate product development and meet the evolving needs of OEM customers worldwide. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

May 14, 2024 02:41 PM Eastern Daylight Time

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SRIVARU Holdings completes internal testing of its PRANA 2.0 electric motorcycle

SRIVARU Holding Ltd

SRIVARU Holdings CEO Mohan Ramasamy joined Steve Darling from Proactive to share news the company has announced that it has successfully completed the internal testing of its PRANA 2.0 electric motorcycle, resulting in a full production model being submitted for final certification by applicable road and safety authorities. Additionally, the Company reports that its complete supply network is in place for production of the PRANA 2.0 upon final certification. Ramasamy told Proactive completion of the production version of Prana 2.0 marks a major milestone for SRIVARU. Following successful internal testing this news model boasts several notable features, including an expected 20% longer driving range compared to its predecessor. As a result, the PRANA 2.0 model can cover a distance of up to 250km on a single charge. The new model also includes extended battery life with components from BYD, and advanced motor technology adopted from aerospace applications. These improvements are part of SRIVARU's strategy to ensure product reliability and efficiency. Prana 2.0 is expected to reach consumers as early as the next month. Ramasamy draws from his Tesla experience and the semiconductor industry's scale for future product development and company expansion strategies. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 14, 2024 01:14 PM Eastern Daylight Time

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Ocean Power Technologies Demonstrates Advanced Counter Unmanned Underwater Vehicle Capability

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to reveal the company's recent achievement in successfully demonstrating a Counter Unmanned Underwater Vehicle capability using its Wave Adaptive Modular Vessel. These demonstrations, conducted at prominent events like the Navy League’s Sea Air Space Exhibition and the Association for Uncrewed Vehicle Systems International’s Pacific Pivot Event, highlighted the effectiveness of detecting various underwater threats, including singular and swarming micro Autonomous Underwater Vehicles. Stratmann emphasized the significance of these field demonstrations, noting that the results will also be presented at the International Mine Warfare Technology Symposium in San Diego. This demonstration underscores OPT's ability to offer a cost-effective commercial off-the-shelf solution with its Uncrewed Surface Vehicles, aligning with the mission objectives of the Department of Defense’s Replicator Initiative. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 14, 2024 10:18 AM Eastern Daylight Time

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Setting New Standards in Trade Finance and Logistics for the Mining Industry

MarketJar

In recent years, the commodity trading industry, especially within mining and metals, has seen a remarkable uptrend, underpinned by complex supply and demand dynamics, geopolitical influences, and currency fluctuations. These elements have not only driven significant price volatility but also introduced financial intricacies that impact market participants. The inherent volatility of these markets poses a dual challenge: it subjects traders to credit risks from potential defaults and creates liquidity constraints, complicating the acquisition of financing. This volatility is further complicated by supply chain and logistical challenges unique to the mining and metals sectors. Issues such as transportation delays, documentation inaccuracies, and stringent regulatory compliance requirements can severely disrupt trade finance transactions and inflate operational costs. These complexities are magnified in an era where the industry is on the threshold of a transformative shift towards the next normal, spurred by the global energy transition. This transition, characterized by the economic and physical integration of global food, energy, and materials systems, promises to heighten structural volatility, disrupt traditional trade flows, and redefine commodities in unprecedented ways. From a trading perspective, this evolving landscape presents a mix of opportunities and challenges, fundamentally altering commercial relationships and profitability metrics. Commodity trading value pools have witnessed substantial growth, nearly doubling EBIT from $27 billion in 2018 to an estimated $52 billion in 2021, predominantly fueled by gains in oil trading. 1 This growth trajectory continued into 2022, setting an all-time high $100 billion for gross margin. However, the path to capitalizing on these opportunities is fraught with hurdles. The past few years have underscored the market's vulnerability to spikes in volatility, triggered by the pandemic, extreme weather events, geopolitical tensions, and macroeconomic shifts. These fluctuations have rippled through various sectors, affecting not just energy but also metals, where energy inputs significantly influence production economics. One company addressing these complex issues head on is MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBF), an enterprise-grade digital supply-chain platform that connects buyers, sellers, labs, and financiers in a digitally integrated workflow that is usable, shareable, verifiable and unforgeable. MineHub Revolutionizes Trade Finance and Logistics in Metals and Mining MineHub 's SaaS platform eliminates old manual processes, leading to increased efficiency, cost reduction, enhanced security, optimized working capital, and greater transparency across global supply chains. Global mining giants like Capstone Copper, Sumitomo Corporation, and Codelco have already adopted MineHub 's platform for logistics, compliance, trade management, and financing operations. On May 14, MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBF) announced a partnership with Surecomp Business Solutions, a leader in cloud-based trade finance solutions. This collaboration is set to revolutionize the digitization of trade finance in the commodities sector by integrating MineHub 's platform with Surecomp's RIVO. This move is poised to unlock new efficiencies, transparency, and security in trade finance within the commodities sector, providing users with enhanced capabilities such as streamlined document management, real-time visibility into trade finance processes, ESG compliance tracking and mitigation of fraud risks. MineHub has also signed several new clients this year including a services agreement with a large Canadian bank to deploy its Consignment Module for managing non-ferrous metals transactions. Announced on March 27, this will be MineHub 's first major customer in the finance sector, laying a foundation for future growth and new revenue streams. Collaborating with one of North America's largest banks not only validates MineHub ’s supply chain solutions but also expands its market reach. On March 19, the company expanded its partnership with Sumitomo, which involves integrating Sumitomo’s refined copper business onto the Minehub Platform, starting with key customers in the Asian market. Sumitomo will support sales efforts for the refined platform, highlighting its confidence in MineHub 's capabilities to deliver value in the metals market. As MineHub continues to drive innovation and expand its offerings, it is poised to play a pivotal role in shaping the future of the metals and mining sector. Click here to learn more about MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBF). Footnotes: [1] https://www.mckinsey.com/industries/electric-power-and-natural-gas/our-insights/the-future-of-commodity-trading Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Minehub Technologies Inc. Market Jar Media Inc. has or expects to receive from Minehub Technologies Inc.’s Digital Marketing Agency of Record (Native Ads Inc) one thousand seven hundred USD for this article. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Minehub Technologies Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Minehub Technologies Inc.’s industry; (b) market opportunity; (c) Minehub Technologies Inc.’s business plans and strategies; (d) services that Minehub Technologies Inc. intends to offer; (e) Minehub Technologies Inc.s milestone projections and targets; (f) Minehub Technologies Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Minehub Technologies Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Minehub Technologies Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Minehub Technologies Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Minehub Technologies Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Minehub Technologies Inc.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Minehub Technologies Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Minehub Technologies Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Minehub Technologies Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Minehub Technologies Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Minehub Technologies Inc.’s business operations (e) Minehub Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Minehub Technologies Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Minehub Technologies Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Minehub Technologies Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Minehub Technologies Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Minehub Technologies Inc. or such entities and are not necessarily indicative of future performance of Minehub Technologies Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

May 14, 2024 07:00 AM Eastern Daylight Time

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New Tech Paves the Way for Faster Airport Security

MarketJar

Airport security delays and operational disruptions are becoming an increasingly common headache for travelers around the globe, often leading to missed flights and mounting frustrations. A recent incident at Birmingham Airport vividly illustrates this growing problem. Lucy Kenneally and her boyfriend Matthew experienced the chaos firsthand when they endured a staggering four-hour wait in the security line and ultimately missed their flight. 1 Days later, Gatwick Airport faced significant delays after a fire alarm in the South Terminal prompted a full evacuation, causing passengers to be stuck on the runway and leading to a cascading effect of delayed departures. 2 Of course, these are just a few examples that highlight a much bigger issue. In reality there are thousands of delayed flights every day across the US and up to 20,000 delays every single day around the world. The problem has gotten so bad that the Biden administration has developed a new rule to address one of the most pressing travel grievances: flight delays. 3 Announced in late April, the rule mandates airlines to provide automatic refunds for delays that disrupt travelers' plans significantly, reflecting a major shift towards enhancing passenger rights. Another major issue that demands an urgent solution are airport security breaches. According to the US Transportation Security Administration (TSA), there have been at least 300 instances of people bypassing parts of airport security in the last year. 4 These security concerns are coming to light at a time when the TSA is working to solve airport security issues by upgrading checkpoints with more advanced technology developed by AI security company Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF). Liberty Defense specializes in advanced security solutions tailored for areas with high pedestrian traffic and heightened security needs, including airports, stadiums, and educational institutions. The company's flagship product, HEXWAVE, licensed from the Massachusetts Institute of Technology (MIT), offers discreet, scalable protection that detects both metallic and non-metallic weapons. Revolutionizing Airport Security with Advanced Technology Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) has successfully deployed HEXWAVE across various market verticals and signed several large contracts with airports around the globe. The company also inked a $3.8 million contract with the TSA for its High-Definition Advanced Imaging Technology (HD-AIT) Wideband Upgrade Kit to improve detection capabilities and enhance the passenger experience. On May 13, Liberty Defense announced that its HEXWAVE system has been selected by the Frederick Douglass Greater Rochester International Airport (ROC) to enhance the TSA’s Aviation Worker Security Screening. ROC, a vital transportation hub serving about 2.4 million passengers annually with 120 daily flights, is now the first U.S. airport to integrate HEXWAVE into its security operations. This deployment marks a notable step in using advanced technology to bolster airport security and operational efficiency. “As industry leaders, we are excited to be the first airport in the United States to acquire the HEXWAVE system to use in our broader airport security program,” said Deputy Director at the Frederick Douglass Greater Rochester International Airport Andrew Moore. “ We will use the HEXWAVE to provide enhanced security and an improved screening experience in non-traditional areas of the airport. We are excited to work with Liberty Defense as we are continually looking to innovate and improve the overall safety of our airport.” Unlike traditional weapon detection technologies, HEXWAVE utilizes millimeter wave technology, advanced 3D imaging, and AI to detect a wide range of concealed metallic and non-metallic threats—including liquid, powder and plastic explosives, and 3D printed ghost guns—without requiring passengers to remove common items like belts and shoes. This capability allows for a faster, more seamless screening process, enhancing the flow of traffic and reducing bottlenecks at security checkpoints. Liberty Defense is also expanding into international markets, announcing a recent shipment of its HEXWAVE™ system to Amsterdam’s Schiphol Airport in the Netherlands and Subic Bay Airport in the Philippines. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF). [1] https://nypost.com/2024/05/06/lifestyle/england-airports-15-minute-security-wait-turns-into-4-hour-nightmare/ [2] https://www.dailymail.co.uk/news/article-13399237/Chaos-London-Gatwick-airport-passengers-evacuated-South-terminal-fire-alarm-goes-amid-fears-flight-delays-inevitable.html [3] https://www.vox.com/politics/24147613/flight-delay-refund-white-house-rule [4] https://www.washingtonpost.com/travel/2024/04/04/airport-security-tsa-stowaway/ Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. Market Jar Media Inc. was paid $1,500 for the production and publishing of this article by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.’s engagement by Liberty Defense Holdings Ltd.’s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-scan. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. Market Jar has not independently verified or otherwise investigated all such information. None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.’s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management’s expectations regarding Liberty Defense Holdings Ltd.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Liberty Defense Holdings Ltd.’s industry; (b) market opportunity; (c) Liberty Defense Holdings Ltd.’s business plans and strategies; (d) services that Liberty Defense Holdings Ltd. intends to offer; (e) Liberty Defense Holdings Ltd.’s milestone projections and targets; (f) Liberty Defense Holdings Ltd.’s expectations regarding receipt of approval for regulatory applications; (g) Liberty Defense Holdings Ltd.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Liberty Defense Holdings Ltd.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Liberty Defense Holdings Ltd.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Liberty Defense Holdings Ltd.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Liberty Defense Holdings Ltd.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Liberty Defense Holdings Ltd.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Liberty Defense Holdings Ltd. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Liberty Defense Holdings Ltd.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Liberty Defense Holdings Ltd.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Liberty Defense Holdings Ltd.’s business operations (e) Liberty Defense Holdings Ltd. may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, Liberty Defense Holdings Ltd. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Liberty Defense Holdings Ltd. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Liberty Defense Holdings Ltd. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Liberty Defense Holdings Ltd. or such entities and are not necessarily indicative of future performance of Liberty Defense Holdings Ltd. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

May 13, 2024 08:30 AM Eastern Daylight Time

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Boeing’s Chairman is Leaving Under a Cloud – So Why Does Exxon Want Him on Their Board?

NLPC

In a case of corporate elitists’ blindness at best, and ineptitude in governance at worst, Exxon Mobil Corporation’s directors have renominated Lawrence “Larry” Kellner, who is also the departing Chairman of the crisis-plagued Boeing Company, to their own board. Kellner, a former Continental Airlines Chairman/CEO, left the now-defunct (merged with United) company in late 2009 and joined Boeing’s board of directors in 2011. He was elevated to chairman in late 2019, and his tenure has been marked with failures both financial and reputational. As anyone who follows air travel news knows, Boeing has likely endured the worst year of any U.S.-based corporation due to numerous troubling safety incidents, with the penultimate occurrence in January, when a door plug blew off an Alaska Airlines flight at 16,000 feet, imperiling passengers and crew. In addition to that high-profile episode, Kellner has presided over a cascade of devastating headlines related to Boeing’s quality and safety record. It’s gotten so bad that now every airliner performance glitch, regardless of the responsible party, is now headlined as a “Boeing plane” incident. Yet, inexplicably, ExxonMobil wants Kellner to serve another year on its board, which he joined in 2023. As a result, National Legal and Policy Center, a shareholder in both Boeing and Exxon, is calling for fellow investors to vote against Kellner for the energy company’s annual meeting on May 29. “It’s incredible to have to even ask, but after the last five years-plus that Boeing has had, Larry Kellner is properly leaving its board – so why do Exxon directors think he deserves a seat with them?” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Is this about strong governance to protect shareholder assets, or just keeping the social club together until something catastrophic happens – like what just happened at Boeing?” Earlier this week NLPC filed a proxy memo with the Securities and Exchange Commission which further explained why it believes Kellner has no business serving on a corporate board at this time, much less the largest U.S.-based energy company in the world. Kellner, along with exiting CEO Dave Calhoun, were supposed to be the leadership pair to improve Boeing’s performance after the firing of previous CEO Dennis Muilenburg. Instead the company’s performance only worsened, with its stock price being almost halved since Kellner took over as Chairman. NLPC also released a short video on Thursday that highlights Boeing’s mishaps under Kellner’s leadership, and questions why ExxonMobil would want to keep him on its governance team. The oil giant’s board, in exhibiting the ultimate in tone-deafness, even plans to keep Kellner on the company’s safety committee! “There’s a reason Larry Kellner is leaving Boeing’s board, and that reason is failure,” Chesser added. “Exxon is not in business so it can provide soft landings for mediocre executives. Nonetheless his colleagues put him on the proxy ballot for the board, so our fellow shareholders should do the right thing and vote against him.” ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 09, 2024 09:49 AM Eastern Daylight Time

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Seeing Machines advances with strategic expansions and strong quarterly performance

Seeing Machines Ltd

Seeing Machines Ltd CEO Paul McGlone joins Proactive's Stephen Gunnion with an update on the company's progress and key developments. McGlone highlighted the expansion with an existing US customer and a tier 1 supplier, driven by increasing regulatory requirements in Europe, which signifies a significant development for the company. This expansion includes new technology integrations and a stronger foothold in the European market, alongside additional volume in China. Further, McGlone discussed the company's recent performance following their third-quarter results, noting a return to normal production levels and the launch of a new major vehicle program. This contributed to Seeing Machines producing over 300,000 vehicles in the quarter, supporting a year-on-year growth rate of 100%. This performance reassured investors of the company's growth trajectory. Additionally, McGlone outlined the launch of their biggest ever production award with a significant European OEM, which includes a comprehensive interior sensing capability for driver and occupant monitoring. This project is seen as a major technical achievement and is expected to notably increase growth rates. McGlone also touched on the aftermarket segment, particularly their Guardian Connections system for trucks and buses, which showed consistent growth and is set to expand further with the rollout of their third-generation product. Lastly, McGlone reaffirmed the company's financial targets for 2024 and their aim to achieve cash break-even in 2025, indicating strong momentum across various business areas, including automotive, aviation, and fleet services. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 09, 2024 07:06 AM Eastern Daylight Time

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Birmingham Airport Chaos Highlights Dire Need for Improved Security

MarketJar

Birmingham Airport faced chaos last week as travelers encountered significant delays and some missed flights due to a 'technical issue' at security during peak departure times. 1 Reports of distress emerged, with one individual collapsing amid the turmoil, leading to descriptions of the situation as a "disaster" and an "absolute shambles." The airport acknowledged that the security problem worsened the already busy schedule, severely impacting operations. Travelers took to social media to express frustration and disappointment. One person described queuing for two hours, only to miss their flight as Ryanair departed on time with a half-empty plane. Roger Burton, a local from Redditch, missed his flight despite arriving three hours early, highlighting the challenges faced by elderly passengers. Another passenger noted the sluggish queues, waiting for 80 others trapped in the winding lines. One traveler criticized the airport's handling as "absolute shocking incompetence." Criticism persisted as passengers observed the stark contrast between the crowded security area and the empty post-security zone, pointing out the airport's inability to efficiently handle passenger volume. The spokesperson for Birmingham Airport expressed regret over the inconvenience caused by the technical issue, apologizing for the subpar service. Ongoing construction and the transition to a new security area, contributed to passenger challenges. The chaos at Birmingham Airport closely follows a shocking report from the US Transportation Security Administration. The report reveals at least 300 instances of people bypassing parts of airport security since March 2023, 2 prompting the administration to continue its efforts to bolster security, which includes a $3.8 million contract with AI security company Liberty Defense Holdings (TSXV:SCAN) (OTCQB:LDDFF) for its advanced security solutions that can detect concealed weapons in high-traffic areas like airports, stadiums, and schools. Liberty Defense offers multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, and schools. The company’s HEXWAVE product, licensed from Massachusetts Institute of Technology (MIT), provides discrete, modular, and scalable protection with layered, stand-off detection capability for metallic and non-metallic weapons. Liberty has successfully deployed HEXWAVE across various market verticals, including aviation, courthouses, national labs, prisons, and government facilities. Liberty Defense Expands HEXWAVE Deployment to a Major Airport in Canada In April 2024, Liberty Defense ’s HEXWAVE™ product received formal equipment authorization approval from Innovation, Science, and Economic Development Canada (ISED). This milestone signifies a significant achievement for Liberty 's ultra-wideband technology. With this certification, the company can deploy HEXWAVE for commercial and government applications across Canada. On May 6, Liberty Defense Holdings Ltd. (TSXV:SCAN)(OTCQB:LDDFF) announced the shipment of multiple commercial HEXWAVE units to a major airport in Canada. HEXWAVE surpasses legacy security systems by detecting a wide array of materials, including metal and non-metal threats, liquids, powders, plastic explosives, and 3D-printed ghost guns. Bill Frain, CEO of Liberty Defense, explained the technology behind HEXWAVE, which uses millimeter wave, advanced 3D imaging, and AI for comprehensive screening. Frain highlighted HEXWAVE's efficiency in processing high volumes of passengers without requiring them to remove everyday items like wallets. The system's mobility enables the airport to swiftly deploy and relocate HEXWAVE units as needed, both indoors and outdoors. Liberty Defense is also expanding its international base, recently shipping commercial units of its HEXWAVE™ system to Amsterdam in the Netherlands and Subic Bay Airport in the Philippines. Click here for more information about Liberty Defense (TSXV:SCAN) (OTCQB:LDDFF). [1] https://www.coventrytelegraph.net/news/local-news/birmingham-airport-chaos-passengers-miss-29085692 [2] https://www.washingtonpost.com/travel/2024/04/04/airport-security-tsa-stowaway/ Disclaimer 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Liberty Defense Holdings Ltd. 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May 06, 2024 09:00 AM Eastern Daylight Time

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