Category: ACN Newswire

WELLINGTON, FL, Apr 22, 2025 - (ACN Newswire via SeaPRwire.com) - The 2025 U.S. Open Polo Championship®, played at the USPA National Polo Center (NPC) in Palm Beach County, showcased top-tier polo action from March 26 to April 20 and ended this Sunday with a thrilling Final win by La Dolfina Tamera over La Dolfina Catamount in a score of 12-8 in front of a record crowd.Agustina FondaLa Dolfina Tamera wins the U.S. Open Polo Championship® trophy.Watch the U.S. Open Polo Championship on ESPNHosted by legendary ESPN broadcaster Chris Fowler, the U.S. Open Polo Championship Final was played on the U.S. Polo Assn. Stadium Field, in front of an electric crowd. The game will be broadcast to a large global audience across multiple ESPN platforms, including ESPN2 on Saturday, April 26, at 10:30 AM EDT, as well as Primetime on ESPNews on Sunday, April 27. Check your local listing for air times.U.S. Polo Assn. Supports the Sport and Equine CharitiesAs the sport's most prestigious tournament in North America, the U.S. Open Polo Championship features some of the world's best polo players and equine athletes. Once again, the tournament was supported by U.S. Polo Assn., the official brand of the United States Polo Association (USPA), with U.S. Polo Assn. branded jerseys for teams, NPC staff uniforms, umpire outfitting, player prizes, and monetary donations to several local charities. Throughout the season, the global, sport-inspired brand has donated some $25,000 to polo charities and equine welfare, among others, including Homes for Horses Coalition, Museum of Polo and Hall of Fame, Polo for Life, Polo Players Support Group, Polo Pony Rescue, Polo Training Foundation, Replay Polo, Retired Racehorse Project, Vinceremos Therapeutic Riding Center, and Work to Ride Program."U.S. Polo Assn. is proud to once again support the U.S. Open Polo Championship, broadcast on ESPN platforms as one of the top sporting events of the Spring season alongside the Masters and Kentucky Derby," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. "It's an honor to have legendary ESPN broadcaster Chris Fowler as the host this year, alongside Kenny Rice and Adam Snow, bringing more access and awareness to the sport of polo as we continue to reach more and more sports fans and consumers around the world."An Electric Game Watched Live by a Record-Breaking CrowdThousands of fans at NPC witnessed the action-packed final game of the Gauntlet of Polo® tournament series, which included the C.V. Whitney Cup®, the USPA Gold Cup®, and the U.S. Open Polo Championship. In a year that delivered record-breaking crowds week in and week out, the thrilling final was filled with great plays from the world's best players on both teams, La Dolfina Tamera featuring 10-goal player Adolfo Cambiaso; Diego Cavanagh; Matt Coppola; and Alejandro Poma, and La Dolfina Catamount featuring 10-goal player Poroto Cambiaso; Jesse Bray; Rufino Merlos and Scott Devon. For the second year in a row, the U.S. Open Polo Championship Final presented an epic showdown between two of the world's top polo players who are also father and son.Adolfo, age 50, who has been defeated in the last two U.S. Open Finals, the last one being to his son, Poroto, age 19, reclaimed victory in this game to take home his 10th U.S. Open title. It was just this week that Adolfo turned 50, thus reclaiming the championship trophy as his perfect birthday present. Adolfo is considered the best polo player in history, having also won more than 17 titles in the Argentine Open Polo Championship, and is considered the "Greatest of All Time (GOAT)" beside other sports icons such as Tiger Woods, Michael Jordan, and Tom Brady.Adolfo Cambiaso, Age 50, Defeats Son Poroto Cambiaso, Age 19, Wins Back TrophyLa Dolfina Catamount came out strong at the beginning of chukker 1, but La Dolfina Tamera soon took the momentum and kept the game close. The score was tied at 6-6 after the 3rd chukker. After some clutch goals by Poma in chukkers 3,4, and 5 and an impressive long goal from Adolfo, Tamera continued to have the lead. Though Poroto scored an incredible 5 goals overall, and Bray scored in the 6th and final chukker, both of Catamount, to bring it to 11-8, there just wasn't enough time for a comeback. Tamera clinched their win with a thrilling goal by Coppola to make the final score 12-8. La Dolfina Tamera's Poma won MVP, scoring a team-high 4 goals, with Adolfo scoring 3 goals."Congratulations to La Dolfina Tamera on a remarkable victory in the U.S. Open Polo Championship," said Stewart Armstrong, Chairman of the USPA. "I would also like to thank and acknowledge all participating teams throughout the 2025 Season at NPC for leaving it all on the field for the sport.""Thank you to all of our patrons, players, sponsors, and sports fans for their passion and support for the sport of polo and the USPA this season," Armstrong added.The USPA National Polo Center, the Winter Equestrian Capital of the WorldGuests at NPC, the world's premier polo facility based in Palm Beach County, watched the action-packed match from many luxurious settings, including the sidelines, stadium boxes, tailgate tents, the grandstands, as well as from the U.S. Polo Assn. MVP Lounge, home to the iconic Sunday Polo Brunch. Sports fans also had exclusive on-site shopping opportunities at the flagship USPA Shop location, where limited-edition sport-luxury pieces in The Polo Club Collection and the U.S. Polo Assn. Global Collection were available for fans wanting to take home a piece of the sport of polo. New this year included a 4ocean branded custom-designed bracelet, an element of the longstanding partnership between the two brands, with 4Ocean being the Official Recycling Partner of the 2025 U.S. Open Polo Championship.Photo Credits: Agustina FondaLa Dolfina Tamera wins the U.S. Open Polo Championship® trophy.La Dolfina Tamera's Adolfo Cambiaso hooks the mallet of his son Poroto Cambiaso of La Dofina Catamount in a defensive play to ultimately win the U.S. Open Polo Championship® in a score of 12-8.The record-breaking crowd at the USPA National Polo Center (NPC) watching the heart-pounding U.S. Open Polo Championship® Final.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.Contact InformationShannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994Stacey KovalskyVice President, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn.Related ImagesAgustina FondaLa Dolfina Tamera’s Adolfo Cambiaso hooks the mallet of his son Poroto Cambiaso of La Dofina Catamount in a defensive play to ultimately win the U.S. Open Polo Championship® in a score of 12-8.Agustina FondaThe record-breaking crowd at the USPA National Polo Center (NPC) watching the heart-pounding U.S. Open Polo Championship® Final. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Apr 22, 2025 - (ACN Newswire via SeaPRwire.com) – In recent years, with the launch of top-level design for nuclear medicines and the implementation of supporting policies, the domestic nuclear medicine industry has ushered in a golden period of development. According to the data analysis of BCC Research, there will be a growth in the global nuclear medicine market from $12.6 billion in 2023 to $21 billion by the end of 2029, with a compound annual growth rate (CAGR) of 8.29% during the forecast period from 2024 to 2029. Meanwhile, Medraysintell, a market intelligence agency specializing in radiotherapy and nuclear medicine, predicts that there will be a growth of about $30 billion in the global nuclear medicine market in 2030.As a leading nuclear medicine company in China, CIRC (01763.HK) recently disclosed its annual report for 2024 as of December 31st. In 2024, CIRC achieved a remarkable growth in revenue and net profit, which not only delivered a satisfactory answer on the performance level, but also showed a strong technical transformation capability in nuclear medicine research and development.Year-by-year growth facilitated nuclear medical equipment to become a new engineAccording to the financial data, CIRC achieved revenue of RMB 7.575 billion in 2024, with a year-on-year increase of 14.2%, and the net profit of RMB 880 million, with a year-on-year increase of 13.3%.From the perspective of branch business, all fields have blossomed in an all-round way. As the core pillar of the company, the nuclear medicine business achieved revenue of RMB 4.168 billion, accounting for 55% of the total revenue. Among them, the income of imaging diagnosis and therapeutic radiopharmaceuticals increased by 4.1% year-on-year, and the distribution of medical centers all over the country achieved remarkable results. The income of Technetium-labeled medicines increased by 8.7% year-on-year. The breath test business continued to maintain a stable high market share, achieving revenue of RMB 2.35 billion, by a year-on-year increase of 1.1%.It is worth noting that in 2024, CIRC accelerated the localization of high-end radiotherapy equipment, and nuclear medical equipment and related services became the new engine of growth, with revenue reaching RMB 1.223 billion, a year-on-year increase of 31.0%. The new generation of Precision radiation therapy planning system was successfully approved for medical device registration certificate, and the world’s first spiral tomotherapy system, Tomo C, was delivered to Shandong Cancer Hospital for installation, which was successfully selected intothe 2024 high-end medical equipment promotion and application project of two ministries and commissions (Ministry of Industry and Information Technology/National Health Commission) and Tianjin First (Set) Major Technical Equipment Promotion and Application Guidance Catalog (Version 2024), with sales during the year leading in the domestic market.CIRC recorded RMB 716.1 million in revenue from radioactive source products, representing a year-on-year increase of 22.2%. Gamma knife source and non-destructive testing radioactive source continued to maintain a stable and high market share. CNNC Qinshan Isotope successfully obtained the Class A radiation safety license, and the cobalt-60 radioactive source production line delivered 2 million curies.40-year solid accumulation in nuclear technology laid a solid foundationAs the main body of the nuclear technology application industry of CNNC, CIRC has been accumulated in the industry for over 40 years, forming a “6+N” industrial layout with six major businesses as the core, including nuclides, nuclear medicines, nuclear medical equipment, integrated solution for nuclear medicine, radioactive source and application, and irradiation application. During the Reporting Period, CIRC achieved 224 patent authorizations, with a total of 969 valid patents, and continued to maintain the leading position of the R&D investment intensity in the industry.In the field of nuclear medicine research and development, CIRC has demonstrated a strong technical capability from research results turned into technologies. Sodium fluorine-18 injection obtained the drug registration certificate from the National Medical Products Administration and was approved for marketing, filling the market gap of PET diagnostic imaging agent in the field of bone imaging in China. Iodine-131-MIBG injection is close to the end of Phase III clinical trial. After the drug is launched, it will provide a new diagnostic method for neuroendocrine tumors such as pheochromocytoma and neuroblastoma. It is worth noting that CIRC has proactively laid out integrated diagnosis and treatment drugs, and the research and development of Lutetium-177oxyoctreotide injection is progressing smoothly, marking a strategic upgrade from simple diagnosis to precise diagnosis and treatment.In addition to stabilizing the base of nuclear medicine, CIRC has gradually increased its emphasis on nuclear medical equipment. According to the sales data in recent years, the income of nuclear medical equipment has steadily increased. In 2024, a new generation of Gamma Knife was approved, which integrated CBCT image guidance, six-dimensional bed auto-correction, and other intelligent technologies, and the treatment efficiency was improved by 30%. In the Class A large-scale medical equipment market, CIRC occupies an absolute dominant position through its holding subsidiary, CNNC ACCURAY. In February this year, 19 of the 28 high-end radiotherapy equipment in the second round of Class A large-scale medical equipment licensing list released by the National Health Commission came from CNNC ACCURAY, accounting for 68% of the market. It is worth noting that the breakthroughs in the fields of Cobalt-60-based Stereotactic Therapy System also promote the localization of radiotherapy equipment.Facing the explosive growth of the nuclear medicine market, CIRC Accelerated Pharmaceutical Center continues to expand its nationwide network layout. In 2024, a new positron emission drug production line has been added in Lanzhou, with a total of 23 lines put into operation; Newly added Fuzhou Technetium Drug Production Line, with a total of 27 units put into operation. CIRC has built the first 10,000 Curie level lutetium-177 production line and a thousand level germanium-gallium [68Ge-68Ga] generator production line in the country, achieving a breakthrough in the localization of high-end nuclides.It is worth noting that CIRC has created a hierarchical innovation ecosystem through the "Parent-Subsidiary Collaboration" model. In 2024, its subsidiaries, CNNC HEADWAY (breath test) and CNNC Chengdu Gaotong (nuclide), were awarded the national level specialized, refined, and new "little giants" enterprise, bringing the total number of specialized, refined, and new enterprises under CIRC to 18. Among them, CNNC HEADWAY dominates the breath testing market with its integrated solution of "medicine box+instrument", while CNNC Chengdu Gaotong has become a benchmark in the field of nuclear technology application through its full chain layout of "Nuclide-Drug-Equipment". This innovative system, resembling an "Aircraft carrier battle group", provides sustainable momentum for the company's long-term growth.Expanding Development Space with Globalization LayoutAs the main force of CNNC Group's march towards people's life and health science and technology and the main channel for the transformation of advanced nuclear science and technology achievements, CIRC responds to the Group's "Overall&Coordination" internationalization strategy and the national "the Belt and Road" initiative, vigorously promotes the internationalization strategy and constantly expands overseas markets. By 2024, the export revenue will reach RMB 627 million, and the products will be exported to dozens of countries and regions such as Brazil, Peru, and Nigeria.At the beginning of this year, we successfully signed a contract for the supply of equipment for a million curies design source gamma irradiation station in Bangladesh. This is another equipment supply project for irradiation stations that has landed after winning the bid for the Bangladesh Institute of Nuclear Agriculture's design source gamma irradiation station project in 2024. After its completion and operation, the irradiation station will mainly serve the irradiation sterilization of medical products in Bangladesh, significantly improving the quality level and production processing capacity of local medical products, assisting the development of Bangladesh's medical industry, and benefiting local people's livelihoods.In Nigeria, CIRC successfully signed a contract for the overall supply of nuclear medical equipment, achieving the first successful landing of the Group's nuclear medical equipment overall supply project. In addition, CIRC actively expands into the ASEAN market and successfully exports cold chain drugs to Thailand; We have also signed strategic cooperation agreements with multiple entities in Brazil to support the signing of a memorandum of understanding on strategic cooperation in the field of nuclear technology applications between the National Atomic Energy Agency and Brazil.ConclusionAgainst the backdrop of policy support and sustained market demand, CIRC stated to focus on the "Do as the Demard of the Country" and further deepen the coordinated development of nuclear medicine and high-end equipment around the "Healthy China" strategic framework. According to its 2025 plan, key projects such as Qinshan Isotope Base, Phase I of Jiajiang Radioactive Source Base, and Phase I of North China Pharmaceutical Base will be promoted according to milestones, involving nuclide production, radioactive source manufacturing, and pharmaceutical supply chain layout. At the same time, CIRC will enhance its digital diagnosis and treatment service capabilities through the iteration of smart nuclear medicine projects, and plans to launch no less than 3 intelligent systems within this year.At the international level, CIRC will continue the market expansion strategy along the "the Belt and Road", rely on the existing business models such as radiation station equipment export, nuclear medical equipment overall solution output, focus on the cooperation in South America, Southeast Asia, the Middle East, North Africa and other regional markets, and further improve the global market penetration rate in the future or through localized cooperation.The management of the Company stated that in 2025, CIRC will continue to strengthen technological innovation, improve the modern industrial system, accelerate the cultivation and development of new quality productivity, continuously enhance core functions, improve core competitiveness, and accelerate the establishment of an internationally-renowned supply group of technology, product and service in isotope and radiation. Copyright 2025 ACN Newswire via SeaPRwire.com.

Luxembourg, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - Moolec Science SA (NASDAQ:MLEC) ("The Company" or "Moolec"), a science-based food ingredient company focused on producing animal proteins and nutritional oils in plants, today announced that it has entered into a Business Combination Agreement (the "BCA") with Bioceres Group Limited ("Bioceres Group") and other related entities in an all-stock transaction (the "Business Combination"). Subject to the terms and conditions of the BCA, which was signed on April 17, 2025, several parties will transfer their respective holdings in Bioceres Group, Nutrecon LLC ("Nutrecon"), and Gentle Technologies Corp ("Gentle Tech", and together with Bioceres Group and Nutrecon, the "Contributed Entities"), resulting in an enlarged corporate structure with Moolec as the parent company. In exchange, Moolec will issue a combination of up to 87 million newly issued shares and 5 million warrants to the shareholders of the Contributed Entities, as more fully described below in the Timing and Approvals section.Federico Trucco, Bioceres Group's board member and CEO of Bioceres Crop Solutions Corp commented: "The need to accelerate agricultural innovation to address current and future challenges, such as enhancing on-farm profitability and reducing environmental impact, is increasingly evident. Molecular farming, as exemplified by Moolec Science, offers a compelling solution to the challenge of balancing productivity and sustainability. For instance, what soybean yield technology can rival the direct production of 300kg of animal protein from a 3-ton-per-hectare crop?" He then finished: "Moolec's recent transformational transaction represents the kind of bold action needed to drive radical change in agriculture. Integrating technologies and capabilities, along with a holistic perspective on agricultural evolution, are essential for moving beyond incremental improvements. Scale and visibility, both of which are key aspects of this transaction, are crucial to achieving this goal. Bioceres is enthusiastic to be part of a larger, more ambitious Moolec, one that expands its focus from science in food ingredients to a comprehensive ‘cradle-to-cradle' approach."Juan Sartori, Founder and Chairman of Union Group remarked: "This is not just a strategic alignment of businesses, it's the creation of a new kind of company for the 21st century. By combining science, scale, and sustainability, Moolec is positioned to lead a global transformation in how we produce food, materials, and energy. I'm proud to support this vision and the exceptional teams bringing it to life."Following the closing of the Business Combination, Moolec will become uniquely positioned in the agricultural value-chain, with a powerful and validated technology discovery and development engine that can address in a cost-competitive way multiple upstream and downstream needs. Moolec's new value proposition will be centered around modifying or improving seeds and microbes to positively impact the way we utilize land and water resources, while preserving and/or improving human health.Alejandro Antalich, Chairman of Synbio Powerlabs® added: "This combination marks a defining moment for the bioeconomy. By integrating next-gen ingredients, biological ag solutions, and deep-tech manufacturing capabilities under one roof, we are building a company with unmatched scientific depth and commercial reach. Together, we aim to accelerate the shift toward a more sustainable and resilient food system, one that works in harmony with nature, rather than against it."As stated in their most recent annual reports, the companies and brands, which will be controlled or co-controlled by Moolec at the closing of the Business Combination, manage a portfolio of more than 800 patents (or patent applications) and over 550 product registrations, which translates into more than half a billion dollars of goods and services sold in their last fiscal year, to customers in more than 50 different countries.José López Lecube, CFO and Director of Moolec commented: "This transformative transaction marks a new stage for Moolec, positioning the company for growth within a broader organization that facilitates synergies on multiple levels. Becoming part of a larger organization will enable cost efficiencies and significant revenue increase as well as product portfolio diversification. It will also enlarge our investor base, providing the company with new stakeholders who support Moolec's new and more diversified business."Finally, as reported Mr. Gastón Paladini will step down as Chief Executive Officer (CEO), Director and Chairman of the Board, effective immediately following Moolec's Extraordinary General Meeting ("EGM") to be held on April 22, 2025.Key highlights:Ingredient Innovation: Moolec will continue to develop its flagship molecular farming products such as Piggy Sooy™ and GLASO™, while integrating Mycofood™ under the Eternal® brand from Nutrecon.Biological Ag Expansion: Through Bioceres Group, Moolec will now offer upstream technologies for regenerative agriculture, including biological inputs and climate-resilient seeds like Rizobacter®, ProFarm®, and the HB4® trait.Advanced R&D and Services: Leveraging expanded infrastructure, Moolec will offer R&D, CDMO, and regulatory services under the Agrality® and Synbio Powerlabs® brands, which are controlled or co-controlled by Bioceres Group and Nutrecon, respectively.Emerging Tech & Equipment: The Company will also expand its reach into emerging technologies for grain and biomass transformation, especially in the biomaterials space, as well as new concepts on farm equipment, integrating material science, electric mobility, and autonomy. These emerging opportunities are being pursued by Gentle Tech and Bioceres Group subsidiaries.Operational Synergies: The Business Combination is expected to result in significant cost synergies and an integrated management structure, which will be presented at or prior to closing of the Business Combination.Timing and ApprovalsThe Business Combination was unanimously approved by the Board of Directors of all the entities participating in the deal. It is expected to close during the second quarter of 2025 or thereafter, and it is subject to finalizing Moolec's reverse stock split process and re-domicile to the Cayman Islands among other customary closing conditions and regulatory approvals. This includes the approval by Moolec's shareholders at a special meeting of shareholders of proposals relating to the Business Combination. Given that the transaction was originally proposed by about 70% of Moolec's current shareholders, the Company expects strong shareholder support for the Business Combination approval.The Business Combination will be consummated through an equity exchange. Bioceres Group's shareholders will surrender their share ownership in Bioceres Group and will receive in exchange up to 80,590,280 shares of Moolec. The shareholders of 100% of Nutrecon and 50% of Gentle Tech will surrender their ownership in these two entities and will receive in exchange 6,475,000 shares of Moolec and 5,000,000 warrants of Moolec at a strike price of $2.00 per warrant, subject to adjustment based on the results of the reverse stock split process.The intrinsic value of the exchange ratio and the $2 strike price of warrants represent both a compelling premium to Moolec's current stock price, and a unique opportunity to assemble one of the most formidable public companies in the agricultural industry.Description of Contributed Entities and AssetsThe Contributed Entities consist of Bioceres Group and its subsidiaries, Nutrecon and its subsidiaries and Gentle Tech and its subsidiaries.Bioceres GroupBioceres Crop Solutions Corp. (NASDAQ: BIOX)Fully integrated provider of crop productivity solutions, including patented technologies for seeds and microbial agricultural inputs, as well as next generation crop nutrition and protection solutions. The company developed HB4® technology, which confers tolerance to climate changes in soybeans and wheat by allowing these crops to tolerate drought and soil salinity conditions. It also owns and licenses more than 570 products with approximately 750 patents and patent applications in the United States, Canada, Brazil, Argentina and other countries.Bioceres Tech Services (Agrality® & Inmet)Agrality® is a global agricultural services provider catering to agro-industrial companies worldwide. Their comprehensive service offerings encompass seed manufacturing and R&D, field-testing, and regulatory capabilities, ensuring their clients receive end-to-end solutions. Agrality's key assets include advanced seed production facilities, enabling high-quality seed development and production.Inmet specializes in the bio-transformation of agro-industrial residues, offering sustainable solutions for waste management in the agricultural sector. They utilize innovative technologies to convert agricultural waste into valuable products. Additionally, Inmet is involved in the production and assessment of bioplastics, contributing to the development of eco-friendly alternatives to conventional plastics.Nutrecon (Synbio Powerlabs®)Headquartered in Helsinki, Finland, Synbio Powerlabs® is an innovative early-stage biotechnology company specialized in research, development, and production of sustainable fungi-derived ingredients. With state-of-the-art laboratories and a pilot-to-industrial scale precision fermentation facility, the company operates uniquely as both a Research and Technology Organization ("RTO") and a Contract Development and Manufacturing Organization ("CDMO"). This dual role enables Synbio Powerlabs® to seamlessly bridge the gap between cutting-edge biotechnology research and real-world industrial applications, accelerating the commercialization of novel bio-based products. Its flagship product line, marketed under the Eternal® brand, features a diverse portfolio of high-quality, sustainable ingredients derived from fungi, serving multiple industries and applications.Gentle Tech (G-FAS & Gentle Farming)A frontier tech company developing sustainable, autonomous agricultural equipment. Focused on reducing environmental impact through innovations in materials science, information technologies, and alternative energy to maximize efficiency and minimize the carbon footprint. The business model includes G-FAS (selling ultra-light weight harvesting heads directly to farmers) and Gentle Farming (developing machinery for autonomy and intelligent management).Forward Looking StatementsThis press release contains "forward-looking statements." Forward-looking statements may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec's business and other risks and uncertainties, including those included under the header "Risk Factors" in Moolec's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC"), as well as Moolec's other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.Contact InformationPress & Media: comms@moolecscience.comInvestor Relations: ir@moolecscience.comSOURCE: Moolec Science SARelated Documents:Moolec Science Enters into Transformational Transaction Expanding Across Multiple Technology Platforms.pdf Copyright 2025 ACN Newswire via SeaPRwire.com.

Saudi Arabia, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - CFOs in the digital era do more than just run the financial operations of the organization: They now also sit atop the organization where they lead the charge toward financial digitization. CFOs have an eminent role to play here in driving process standardization and automation efforts and ensuring that their organizations on board with technologies such as RPA, AI, and machine learning. With the continuous advancement of these technologies, however, the CFO is left wrestling with the issue of assessing critically which of these instruments would add real value and which ones are simply trends. A CFO should confirm that he or she does not show any biases and will also use sound judgment in arriving at decisions with respect to new technologies rather than blindly following the latest fad. Achieving this balance while navigating a dynamic environment is the major challenge of today's CFO: the technocrat should balance the adoption of technology with corporate foresight, with the understanding that innovation should facilitate long-term financial goals and operational efficiency.In the Middle East, there’s a growing misunderstanding about the roles of Certified Public Accountants (CPAs) and Chief Financial Officers (CFOs), which is creating challenges for effective financial leadership and overall business performance. While CPAs are focused on compliance, audits, and ensuring financial accuracy, CFOs are responsible for steering the company’s overall financial health.The 25th Edition CFO Leadership Summit, taking place on April 23rd, 2025, at the Radisson Blu Minhal in Saudi Arabia, will help address this by bringing together over 200 finance leaders to dive into the latest trends and disruptions in the industry. Through engaging presentations, panel discussions, and real-world case studies, the event will offer valuable insights to help finance professionals sharpen their skills and stay ahead in a rapidly changing market. The sessions will cover everything from making strategic decisions and managing investments to effectively communicating with stakeholders and navigating risks around cash flow, capital allocation, and regulatory compliance. Who will Speak?Heni Jallouli, Group Chief Financial Officer, Jahez International Company.Ozgur Oncu, Group Chief Financial Officer, Petromin Corporation.Mohamed Helal, Group Chief Financial Officer, Al Watania For Industries.Amit Kauntia, Group Chief Financial Officer, Abdul Mohsen Al Tamimi Group. Sarfaraz Ahmed,Group Chief Financial Officer,Saudi Cable.Arif Idrees,Group Chief Financial Officer,Tahweel Holding.Hussam Abdullah,BukhariGroup Chief Financial Officer,Takamol Holding.Rami Abuelsamen,Regional Chief Financial Officer,Almana Group of Hospitals. The event will cover topics like:CFO's Playbook: Navigating Strategic Communication.Investing in Tomorrow: CFO Strategies for Sustainable Growth.Future-Proofing Finance: Advanced Scenario Planning for Complex Business Environments.From Numbers to Narratives: Debunking Common Misconceptions.Driving Business Growth: Advancing with AI and Automation.Adaptability in the Face of Change:The Evolving Role of the CFO.For more information on the 25th Edition CFO Leadership Summit : LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing ExecutiveKasturi.nayak@exito-e.comEnquiry@exito-e.com Copyright 2025 ACN Newswire via SeaPRwire.com.

Saudi Arabia, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - Saudi Arabia, as a developing country, has achieved tremendous progress in changing its human resources development (HRD) sector, but it still faces hurdles in aligning its workforce with the needs of rapid economic growth. Despite recent social and economic reforms, Saudi labour markets continue to struggle to fulfil the country's changing economic needs. Human Resource Development is crucial to this change, serving as an indicator of the country's social, cultural, and economic growth. The National Human Resource Development (NHRD) framework empowers HR professionals to go beyond company talent development and address larger national challenges. This framework serves to highlight labour market concerns while also ensuring that HRD policies are adapted to the needs of the future workforce.The Human Capability Development Program (HCDP), started in 2021 as part of Saudi Arabia's Vision 2030, intends to empower citizens while also increasing global competitiveness. The HCDP is intended to produce a competitive national workforce by emphasizing value promotion, future skill development, and knowledge enhancement. To do this, continual analysis of NHRD policies is required to align labour demands and supply, resulting in successful workforce planning for long-term national growth. This strategic strategy is critical for providing the Saudi workforce with the skills needed to face future problems.Overview of the event:The 4th Edition of the HR World Summit, themed "Unlocking the Future of Human Potential," is a premier, invitation-only event that brings together over 200 HR leaders and experts. Set to take place on April 24, 2025, at the Radisson Blu Minhal, this summit offers an exclusive platform for in-depth discussions on the challenges and opportunities in human resources. With a focus on advancing skill development, promoting innovation, and implementing effective strategies to enhance organizational competitiveness, attendees will gain valuable insights and tools to drive transformation. This gathering of CHROs, VPs of HR, talent management leaders, and HR professionals will foster impactful networking and provide actionable solutions to elevate organizational performance in today’s rapidly evolving landscape.Who will Speak?Abdullah Zabin AlOtaibi, Vice President of Upstream HR at Aramco.Ahmed Omar Baaboud, Chief Shared Services Officer at Real Estate Registry.Hessah Fahad Moammar, Vice President of People & Culture at ACWA Power.Ratibah Aljawini, Executive Director of Human Resources for the Human Capability Development Program.The event will cover topics like:Reimagining HR for a Digital Age: Navigating the Saudi Arabian LandscapeAddressing Quiet Quitting: Retaining Top Talent in a Competitive Job MarketAI in HR: A Double-Edged Sword? Balancing Benefits and RisksBreaking Down Barriers: A Conversation on DEI and Workplace TransformationToxic Workplace: Breaking the Cycle and Building a Healthy CultureThe Future of Work: Navigating Uncertainty and Embracing OpportunitiesFor more information on the 4th Edition HR World Summit: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.com Enquiry@exito-e.com  Copyright 2025 ACN Newswire via SeaPRwire.com.

Trade attendees gathered in anticipation for the opening day of IASEA 2025.SINGAPORE, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - The 8th edition of inter airport Southeast Asia (IASEA) was held in Singapore from 25-27 March 2025. Spanning across 6,259 sqm of exhibition space, the airport exhibition and conference brought together 3,621 industry trade professionals from 53 countries and regions, and featured 134 exhibiting companies including pavilions representing Germany, Italy, Japan and Singapore.The event saw a 43% increase in exhibitor size and a 15.6% rise in attendee numbers, underscoring the rising significance of IASEA as a platform for productive discussions. The event's achievement is also attributed to the increasing demands of operators and the rapid development and expansion of airports in Asia.The landmark event in Asia featuring the latest innovations and solutions for airportsIASEA serves as the dedicated event for airports, airlines, aviation authorities, ground handlers and related business executives in Asia to learn about and experience the latest products, services and technologies, for the future development of Asia’s airports.One of the highlights of this year’s edition was the presence of a delegation of leaders from major international airports in Vietnam, including Long Thanh International Airport—one of the world's most expensive greenfield airport projects—Noi Bai Airport, Danang Airport, Cat Bi Airport, Phu Quoc Airport, and Cam Ranh International Terminal.One of Airports Corporation of Vietnam’s (ACV) primary objectives in the coming years is the successful completion and operation of Long Thanh International Airport. Under the direction of the Prime Minister of Vietnam, the presence of ACV’s delegation at IASEA 2025 was to seek high-quality solutions and potential partners for this airport. Mr. Nguyen Cao Cuong, Deputy General Director, Airports Corporation of Vietnam (ACV), shared during his opening remarks, “Vietnam, as one of the fastest-growing aviation markets in the world, is actively developing key airport infrastructure projects to meet the increasing demand for air transport. This event is not only an opportunity to explore the latest advancements in aviation technology but also serves as a platform for collaboration and exchange, fostering stronger partnerships to enhance airport infrastructure across Southeast Asia."Attendees explored innovative airport solutions on the IASEA 2025 exhibition floor.First-time exhibitor Thales participated to expand business opportunities with regional aviation players and introduce solutions such as its latest Fly-to-Gate biometrics solution that enables a touchless, fast, and easy passenger journey from check-in to boarding. Thales commented, “Air traffic has fully recovered since the pandemic years. The increase of major projects and the prioritisation of data (data management, data sharing, data security) from airport decision-makers have grown vastly within the industry. At Thales, we recognise that data will improve efficiency in airport operations – namely terminal operations, aircraft turnaround, passenger flow – beyond what hardware can achieve. However, these advancements also come with challenges, including cybersecurity and leveraging data while keeping airport operations human-centric. Our participation at the conference and exhibition of IASEA 2025 allowed us to connect and engage in discussions with several airport and aviation representatives. We were also able to share Thales’ expertise in airport operations and security, cybersecurity resilience, and biometric solutions, all for a seamless passenger experience.”Smiths Detection, a global leader in threat detection and security screening technologies, introduced the SDX 10060 XDi to the Asia market – a leading-edge X-ray scanner that offers highly accurate material discrimination and substance identification based on an object’s molecular structure. “We are glad to be back at IASEA, a key platform for us to showcase our latest solutions and connect with both customers and prospects because the show attracts aviation leaders from across the region,” said Desmond Lian, Senior Solutions Consultant, Smiths Detection (Asia Pacific) Pte. Ltd. “It was especially meaningful to reconnect with major airports such as Narita International Airport Corporation, as we discuss each other’s long-term plans and areas of collaboration. Such conversations make me hopeful for stronger integration of AI and security systems across the air and land side of the aviation industry. I hope to see the development of an architecture platform where different industry players can share and communicate data, and tackle cybersecurity issues as an ecosystem.”Additionally, Mallaghan, one of the fastest-growing airport Ground Support Equipment (GSE) manufacturers (headquartered in Ireland and with a worldwide presence), returned to the 8th edition of IASEA 2025. Niall Mallaghan, Director at Mallaghan, shared, “IASEA has always been one of our go-to exhibitions for the Asia Pacific region because of the opportunities to meet leading suppliers and our customers such as dnata and SATS. While the industry traditionally relied on diesel-powered GSE, Mallaghan, together other industry leaders, have recognised the impact of electrifying ground handling equipment as an effective route towards greener aviation. At Mallaghan, we strive to enable airports to reach their sustainability goals by working closely with the ground handlers.”Conversations that focused on resilient, data-driven airportsIn line with this year’s theme, “Airport Operations for Tomorrow”, the conference and exhibition floor saw timely conversations on the use of technology – more specifically, data and Artificial Intelligence (AI) – to drive resilient airports of tomorrow. “With the ever-increasing complexities of running an airport, the chances of something going awry also rise significantly.  Thus, keeping airport operations resilient is paramount,” said David Jea, GM, Safety, Security & Business Continuity, Airport Authority Hong Kong. “As a conference speaker of this year’s IASEA, I’m thankful for the opportunity to engage with peers on aviation security, and the exposure to the full range of innovations for airport operations, with my greatest harvest being the appreciation of technology for optimised operations. The airports of tomorrow necessitate industry players to use AI and other technologies effectively, ensuring the solutions adopted are advanced and secure, workers are trained with more proficient skill sets, and the industry continues to attract professionals.”Industry experts at one of the IASEA 2025 terminal operations panels ‘Future-Proofing Airport Security: Balancing Safety, Technology & Passenger Experience’As of 2024, Asia Pacific holds over 40% of the global aircraft orders, signifying a strong focus on fleet investment and renewal for the region. Ensuring airports keep up with this projected regional growth, the panel titled ‘Using Data Analytics to Optimise Airport Operations’ dived into the challenges and opportunities of harnessing data analytics to drive innovation and ensure sustainable growth in airport operations. Industry leaders acknowledged that airports typically generate a wealth of live data that can help to enhance the passenger experience. However, a core challenge is in utilising this data – the industry is looking to integrate all data on a single system for real-time processing, while ensuring security measures are in place in the face of cyber threats. Separately, on the ground handling side, the conference panel ‘Boosting Operational Resilience: Preparing for the Unexpected’ gave a comprehensive overview of how ground handling teams can build robust operations that withstand unforeseen challenges of equipment failures, staffing shortages, and extreme weather. Panellists emphasised the role of ground handlers in adapting to unique equipment and processes deployed across individual airports. Disruptions can come in many forms. Hence, it is imperative for the ground handlers to work closely with the airports (with diverse teams across different airports) to analyse big data, address the disruption, and re-instil confidence in passengers.inter airport SEA will return for its 9th edition in 2027, from 23-25 March. For more exhibition and conference highlights, please visit the event website, LinkedIn, or Facebook pages. About inter airport Southeast Asiainter airport Southeast Asia influences and accelerates the transformation of the airport industry in Asia by crafting a unique, 3-day airport trade show for the region.Every odd year, buyers and decision makers from the airports, airlines, ground handlers and the entire Airport community in Asia attend inter airport Southeast Asia to source and experience from the most diverse selection of innovations, technology and equipment for airport terminals and ramp operations.Whatever your strategy or needs - this is the place to be for business, friendship and new trends.23-25 March 2027Marina Bay Sands, Singaporewww.interairport-southeastasia.comAbout RX  RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. RX is committed to creating an inclusive work environment for all our people.  RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit www.rxglobal.com.About RELXRELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.*Note: Current market capitalisation can be found at http://www.relx.com/investorsMedia contacts (on behalf of RX)Carolyn Kok (carolyn.kok@fifthring.com)Chloe Lim (chloe.lim@fifthring.com) Copyright 2025 ACN Newswire via SeaPRwire.com.

Washington, Apr 18, 2025 - (ACN Newswire via SeaPRwire.com) - Alaia Development and Desert Lakes LLC are thrilled to announce ZION SHORES - a world class inland surf destination in Washington, Utah. ZION SHORES will be the centerpiece of the Alaia's Master planned community, formerly known as Stucki Farms. After years of water research, engineering, and collaboration with the city of Washington, we have reached an agreement and are moving forward on a monumental project in the heart of southern Utah. This will truly be unlike any other surf and recreation area in the world.Water is a precious resource, especially in Southern Utah, and ZION SHORES was conceived and designed with the vision of protecting that resource. Our surf lagoons will be filled with non-potable brackish water not suitable for drinking or irrigation from privately owned onsite wells. Brackish water is much too costly to convert into culinary or irrigation quality, but with a little chemistry added, it is entirely safe for recreation. In addition, Alaia worked closely with Washington City to significantly reduce the size of the previously approved lagoons. Without drawing from local drinking or irrigation water supplies, we are turning an otherwise unusable resource into a world-class surf and recreation amenity that will benefit the community.The project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Owners and renters of these 65 properties will have priority access to the waves. The public will also have access to through the booking portal. Alaia, the surrounding master planned community, will also include several restaurants, approximately 300,000 sf of commercial space and a community clubhouse overlooking the surf lagoons. ZION SHORES and Alaia will be unlike any other surf and recreation destination in the world with three separate cutting-edge wave technologies producing perfect waves of every shape and size for a fully customized surfing experience:PerfectSwell Zion - A world class surf venue featuring cutting-edge 6th generation PerfectSwell® technology and the most innovative wave package to date. PerfectSwell® is patented, proven and reliable, developed by American Wave Machines in California. Addictingly fun for every skill level, the waves at PerfectSwell® Zion are "Always Peaky".UNIT Zion Dynamic Wave - A groundbreaking 164' wide dynamic wave developed by UNIT Surf Pool that will be the first of its kind in the world. This technology generates multiple moving wave pockets using patent-pending programmable water flow control tech.UNIT Zion Standing Wave - A 60' wide standing wave system by UNIT Surf Pool, which is UNIT's flagship wave and a staple of inland surf technology offering incredible flexibility and adjustability to a unique and controlled experience for all skill levels.From first timers to seasoned surfers, ZION SHORES will be a surf paradise for the whole family. Get ready Utah - the Swell is coming!To learn more about ZION SHORES, visit zionshores.com and alaiaut.comContact:Cody Larkin801-231-9686cody@saltlakeexcavating.comSOURCE: Zion Shores Copyright 2025 ACN Newswire via SeaPRwire.com.

- The 3rd InnoEX and 21st Spring Electronics Fair concluded successfully today, attracting some 88,000 buyers from 148 countries and regions.- One of the highlights of this year's InnoEX were the low-altitude economic solutions, which generated significant interest and attracted enquiries and business discussions from global buyers, including those from emerging markets.- Over half of InnoEX and Spring Electronics Fair respondents intend to expand into emerging markets, including ASEAN, Mainland China and the Middle East.- 40% survey respondents at the Spring Electronics Fair expect their overall sales to increase in the next one to two years, while half of all respondents are confident that they can maintain the current level.HONG KONG, Apr 16, 2025 - (ACN Newswire via SeaPRwire.com) – The 3rd InnoEX, co-organised by the Innovation, Technology and Industry Bureau of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), alongside the 21st HKTDC Hong Kong Electronics Fair (Spring Edition), concluded successfully today. The four-day exhibitions attracted some 88,000 buyers from 148 countries and regions.  Apart from local visitors, the fairs welcomed buyers mainly from Mainland China, India, Japan, Korea and Taiwan.Sophia Chong, HKTDC Deputy Executive Director, said, “As the two core events of the Business of Innovation and Technology Week (BIT Week), InnoEX and the Spring Electronics Fair attracted some 88,000 visitors from Hong Kong, Mainland China and overseas. By showcasing the latest smart solutions and R&D achievements to international buyers, exhibitors initiated numerous regional business collaborations and discussions, while exploring new markets successfully. The exhibitions further advanced Hong Kong's development as an international I&T hub and reinforced its status as a global trade centre, demonstrating Hong Kong's advantages of connecting with both the Mainland and the world.”This year's InnoEX focused on five major technology areas, namely the low-altitude economy, AI, robotics, cybersecurity, and smart mobility, aiming to address pain points for both large and small and medium-sized enterprises and bring new development opportunities for them. Among the technology solutions, the low-altitude economy was particularly popular, attracting the attention of many buyers.InnoEX brought together the latest innovative R&D and solutions from around the world. The Smart Hong Kong Pavilion, set up by the Digital Policy Office, had over a hundred I&T achievements closely related to the lives of citizens, including I&T solutions from 20 government bureaux and departments, and award-winning solutions from multiple I&T competitions.In addition, there were multiple local pavilions, 17 pavilions from 16 provinces and municipalities in the Mainland, and overseas pavilions, including from Canada and the United Kingdom, the French 'So French So Innovative' pavilion, and the Smart Cities Council from Australia. The fair also attracted tertiary institutions and big companies which participated as independent exhibitors, including China Mobile Hong Kong, Huawei, IBM, and more. The exhibitors showcased their technological solutions in different fields and successfully attracted many buyers to discuss cooperation.Exhibitors expand into new markets while buyers actively sourceZeng Quanhong, Manager of Marketing Department, Vertaxi, stated that the company showcased its electric vertical take-off and landing (eVTOL) aircraft at InnoEX, establishing relationships with some 30 potential buyers from ASEAN, Canada, Europe, India, UAE, and Hong Kong. "InnoEX is a quality platform with high foot traffic which has broadened our horizons. For example, after communicating with buyers from Thailand, we learned that the aircraft could be applied to local tourism services in Thailand, helping us explore new markets. Our participation this year was very successful, and we will definitely return next year."Australian buyer Spacious Property Development Group (Spacious) looked for technologies that can help reduce hotel operating costs at InnoEX, and was particularly interested in automated delivery robots, cleaning robots, and vending machines offered by exhibitors from Mainland China and Hong Kong respectively. Angela Liang, Managing Director of Spacious, said, "InnoEX provided us with an excellent opportunity to introduce innovative technologies to the Australian market, especially now that the United States has increased tariffs, prompting suppliers around the world to actively explore other new markets."In addition, some exhibitors successfully established important partnerships through InnoEX. Among them, Philippine buyer Digital Pilipinas and International Digital Economies Association signed a distribution agreement with the United Kingdom’s exhibitor Unifi.id to introduce Unifi.id's smart card system for buildings to the Philippines, with hopes of expanding into other emerging markets in the future. Xi’an Meinan Biotechnology Co. Ltd also signed a strategic cooperation agreement with H & Y Building Decoration Electrical Engineering (HK). The partnership aims to enhance the quality of construction projects in Hong Kong and internationally by utilising Meinan’s waterproof mortar technology, promoting sustainable development.The Spring Electronics Fair showcased a variety of products, focusing on products and solutions in the fields of smart home, health tech and wearable devices and the exhibition attracted buyers from around the world and helped exhibitors expand into new markets. Many companies launched new products at the Electronics Fair, including Guangzhou’s Havit Technology, which introduced a hat with headphone functionality utilising air conduction technology and a patented design. Qingdao’s Thunderobot Technology, a subsidiary of Haier Group, made its debut in Asia outside of Mainland China with its smart glasses.At the fair, Shenzhen Antop Technology Co. from Mainland China, showcased air purifiers designed for households with pets. The company's International Business Development Manager, Bojia Yang, said, "In the past, the US market accounted for over 80% of our business. With the increase in US tariffs, we are actively expanding our global operations and exploring new markets, targeting Asia, Europe, and South America. We have made contact with many potential buyers from India and South America at the exhibition, and in the first two days, we received about 50 potential leads, with at least one third showing significant collaboration potential." The company is also discussing a contract for an order valued at approximately USD2.5 million.Additionally, Hong Kong medical technology exhibitor CYBERMED, is currently discussing business deals with two buyers from Mainland China and the Middle East, with each order valued at approximately USD200,000.American buyer DeWalt Mobile Solutions, which produces and sells mobile phone accessories, sourced products at Spring Electronics Fair. Its Director of International Operation, Danny Lo, said, "We are a leading brand in the US and plan to purchase products worth USD500,000 to USD1 million at the electronics fair. Face-to-face communication with suppliers during this crucial sourcing time and discuss business in response to the tariff situations with them was especially important for us."Four thematic days to explore the latest industry developments, with industry leaders sharing their insightsDuring InnoEX and Spring Electronics Fair, several conferences and seminars focused on hot technology topics were held, including the Tech-Driven Industry and Economy Conference, powered by the HKSAR Government's Office for Attracting Strategic Enterprises, which brought together government officials from various countries and regions to discuss how policy measures can promote industrial development. Participants also shared successful policy measures and emerging trends in various countries.Talent is crucial to promoting the development of the I&T ecosystem and, this year, InnoEX and the Spring Electronics Fair jointly hosted “Exhibitors Meet Talents” to assist exhibitors in recruiting professionals and attract people who were interested in exploring job opportunities and engage with employers in the I&T industry.Half of respondents intend to expand into emerging marketsTo further understand the development trends of the I&T and electronics industries, HKTDC appointed an independent survey agency to interview 315 InnoEX and 642 Spring Electronics Fair exhibitors and buyers during the exhibitions. The key results are  as follows:InnoEX and Spring Electronics Fair- 50.7% of respondents from InnoEX and Spring Electronics Fair expressed their intention to expand into emerging markets, including ASEAN countries, Mainland China and the Middle East.InnoEX- 33% of respondents believe that the greatest strength of Hong Kong's innovation and technology sector is its unique position as an intermediary between the world and Mainland China. This s followed by having a highly skilled and multicultural talent pool (25.1%) and a robust and efficient financial market (24.6%).- 68.8% of surveyed Hong Kong exhibitors believe that FinTech is the strongest and most advantageous field of I&T in Hong Kong, followed by Smart Cities (18.2%).Spring Electronics Fair- 40% of respondents expect their companies’ overall sales to increase in the next one to two years. Additionally, 50.5% expect to maintain the current overall sales figures, while less than 10% anticipate a decline.- Nearly 30% of respondents believe that compared to traditional electronic products and household appliances, consumers are willing to pay a premium of 21% to 30% more for products that are compatible with smart home or AI applications.In addition, the 2nd Hong Kong World Youth Science Conference brought together top experts, including Nobel Prize winning scholars, to discuss various innovation and science fields. The World Internet Conference Asia-Pacific Summit, held in Hong Kong for the first time, also attracted nearly a thousand participants from all over the world to discuss the latest trends in areas such as AI, digital finance, digital government and smart living, creating synergies with BIT Week events.Photo download: https://bit.ly/3YA7Y75The 3rd InnoEX and the 21st Spring Electronics Fair concluded successfully today, attracting some 88,000 buyers from 148 countries and regions.The Low-altitude Economy zone presented drone and aircraft solutions from various companies, attracting many potential buyers.The Tech-Driven Industry and Economy Conference brought together government officials from Mainland China, Hong Kong and abroad to share how technology drives industry and economic development.With the World Internet Conference (WIC) Asia-Pacific Summit also taking place in Hong Kong, Zhuang Rongwen, Chair of WIC and Minister of Cyberspace Administration of China (middle) visited InnoEX to explore the innovations presented by exhibitors, including a showcase at the Digital Policy Office's Smart Hong Kong Pavilion.Robotics was one of the highlights at this year’s InnoEX. Pictured is a robot at the Beijing Zhongguancun pavilion.Australia’s Smart Cities Council participated in InnoEX for the first time, bringing cybersecurity and AI compliance solutions.At the Spring Electronics Fair, a Tech Trends Symposium was held with the theme "AI on the Go: A New Era of Intelligent Wearable Electronics", inviting industry leaders to discuss how wearable devices such as smart glasses and smart rings are reshaping people’s work and lifestyles.Several companies launched new products during the Spring Electronics Fair, including Havit Technology which unveiled a hat with headphone functionality using air conduction technology and a patented design.Spring Electronics Fair’s Digital Entertainment Experiential Zone returned this year, offering e-sports and interactive gaming experiences provided by game developers, including Refract’s VR boxing game.WebsitesInnoEX: innoex.hktdc.com/enHong Kong Electronics Fair (Spring Edition): hkelectronicsfairse.hktdc.com/enMedia enquiriesYuan Tung Financial Relations:Salina ChengTel: (852) 3428 2362Email: salcheng@yuantung.com.hkHing-fung WongTel: (852) 3428 3122Email: hfwong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Sharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgJohnny TsuiTel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.orgClayton Lau Tel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Apr 16, 2025 - (ACN Newswire via SeaPRwire.com) – The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, achieved several significant milestones in business development during the first quarter of this year. Notably, its digital payment acceptance business, Yedpay, has established partnership with a government-selected taxi fleet operator. Additionally, its startup business, A3A, Asia’s 1st cloud-based processing and settlement platform, has been selected as a member of the HK Tech 300, a large-scale flagship innovation and entrepreneurship program organized by City University of Hong Kong. Furthermore, PCG members were invited to represent the payment industry, sharing insights on industry trends and future technology prospects with various sectors, thereby continuing to promote the development of payment technology in Hong Kong from multiple aspects.Fruitful business cooperation empowers industry ecosystemRegarding business cooperation, Yedpay has recently achieved multiple breakthroughs:- Deepening cooperation with Visa to lead payment innovationAs an official acquirer and principal member of Visa, Yedpay was invited by Visa Singapore to share its successful case, demonstrating how it leverages Visa Acceptance Solutions to foster payment innovation and market expansion. With Visa Acceptance Solutions, Yedpay has successfully broadened its market offerings, enabling merchants to rapidly expand their market reach and further strengthening its competitiveness in the cross-border payments industry.(Captured from Visa Acceptance Solutions’ website)- Joining forces with Big Boss Taxi to revolutionize taxi paymentsIn the local market, Yedpay has formed a strategic partnership with Big Boss Taxi, one of the government-selected taxi fleet operators, to facilitate a cashless society in Hong Kong. Yedpay will provide Big Boss Taxi’s taxis with an innovative digital payment system that seamlessly connects taxi meters and payment terminals, supporting various digital payment methods, and bringing a smoother and more efficient taxi experience to local residents and tourists. Big Boss Taxi will gradually begin service in July this year, and each taxi will be equipped with a payment terminal, enabling digital fare payments for passengers.- Partnering with DBS Hong Kong to optimize merchant servicesAdditionally, Yedpay’s collaboration with DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is progressing steadily. Following the launch of the “DBS MAX Merchant Solutions,” a one-stop solution for managing sales operations, Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, was invited by DBS Hong Kong SME Banking to participate in an International Women’s Day campaign last month, where she shared her insights and leadership experience as a female leader in the payment industry, demonstrating women’s leadership in the FinTech sector.A3A, has officially become part of the CityU HK Tech 300, further affirming its technological capabilityIn addition to receiving recognition from business partners, PCG’s innovation capability has also received endorsement from academia. Shortly after its launch, PCG’s startup member, A3A, was awarded the “Hong Kong ICT Awards 2024: FinTech Bronze Award.” In March 2025, it has officially become a member of the “HK Tech 300,” a large-scale flagship innovation and entrepreneurship program organized by City University of Hong Kong. This opportunity aligns perfectly with PCG’s commitment to drive innovation within the payment technology industry. As the first startup in Hong Kong to develop a cutting-edge payment processing system, A3A leverages its innovative financial cloud solutions to facilitate seamless end-to-end payment processing for major card schemes through a single API. This technological breakthrough significantly reduces the costs and complexities involved in payment processing. Through HK Tech 300, A3A will leverage the world-class resources and network offered by the program to foster diverse development opportunities, further driving innovation in the payment technology industry.In addition, PCG members were recently invited to participate in an online FinTech seminar hosted by the HKU School of Professional and Continuing Education (“HKU SPACE”), where they discussed future development trends in digital payments and FinTech, further consolidating PCG’s leadership in academia and the industry.PCG is now officially listed on the InvestHK website, demonstrating its industry leadershipPCG has been officially listed on the Invest Hong Kong (“InvestHK”) website. This recognition not only demonstrates the Hong Kong government’s strong endorsement of PCG’s technological capability, but also acknowledges its contributions to driving the digital transformation of the payment industry, highlighting its leading position in Hong Kong’s FinTech sector. Moving forward, PCG will fully leverage the business resources and network provided by InvestHK to strengthen cooperation with global financial institutions and enterprises, and accelerate the penetration of its payment solutions in Hong Kong and Asian markets. (Captured from InvestHK’s website)Looking ahead, PCG will continue to strengthen cooperation with the government, business partners and academic institutions. By optimizing the payment ecosystem through technological innovation, PCG aims to provide merchants and consumers with smarter and more efficient solutions, striving to become a leader in Asia’s payment technology industry.About Payment Cards Group (“PCG")The Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Yedpay, a member of PCG, has firmly established itself as a digital payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website:https://www.yedpay.com/en/For media enquiries, please contact:The Payment Cards Group LimitedAlice SiuEmail: alice.siu@a3a.globalTel: (852) 9192 8145 AJA (IR and Communications)Avy YuEmail: avy.yu@ajacapital.com.hkTel: (852) 9500 4443Eudice LawEmail: eudice.law@ajacapital.com.hkTel: (852) 9326 1113 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Apr 16, 2025 - (ACN Newswire via SeaPRwire.com) – Today's logistics industry is experiencing a wave of intelligent transformation. Recently, industry leader Reitar Logtech (NASDAQ: RITR) partnered with AI pioneer NEXX to announce a renewed strategic collaboration. Both parties will leverage their resource strengths to launch the first humanoid robot designed specifically for logistics operations in Hong Kong, revolutionizing logistics operations and creating a new smart logistics ecosystem for the future.As a comprehensive development platform focused on logistics assets, Reitar's Property + Logistics Technology (PLT) one-stop solution successfully integrates resources from logistics property development to service provision, delivering cutting-edge logistics solutions that lead industry trends. In this collaboration, Reitar has leveraged its deep insights into the pain points of the industry to guide the development of the humanoid robot "Adam," providing diverse scenarios and needs within the ecosystem to ensure seamless integration of outcomes with actual operations. Reitar will incorporate NEXX's advanced technology in AI, especially the LLM model-driven NEXXBot logistics brain, to endow "Adam" with intelligent decision-making capabilities in logistics. By learning autonomously in real environments, "Adam" will have an optimized design for its motion control center, utilizing advanced control algorithms and high-precision sensor technology, driven by the AI agent under NEXXBot, enabling 'Adam' to execute complex tasks such as handling, sorting, and shelving with precision, significantly enhancing logistics operational efficiency.As the collaboration progresses, "Adam" is set to be fully applied in logistics warehouse. With its intelligent and automated operating methods, it will take on core tasks of cargo handling, sorting, and shelving across multiple scenarios, playing various roles in smart logistics warehouses and achieving leapfrog development. Meanwhile, the successful application of "Adam" will serve as a model for the industry's intelligent transformation, setting a new benchmark for the entire sector and accelerating its transition towards greater intelligence and efficiency. Both parties look forward to contributing unique innovative solutions for the smart transformation of the global logistics industry, truly realizing fully unmanned operations and helping the industry achieve breakthrough development globally.Images Download:http://bit.ly/3Y0mFA6About Reitar LogtechReitar Logtech successfully listed on the NASDAQ in 2024 and is a comprehensive development platform focused on logistics assets, as well as a pioneer in the Property + Logistics Technology (PLT) solution industry. Reitar Logtech possesses unmatched pioneering advantages, with a one-stop operating model and extensive business knowledge and experience, establishing a comprehensive customer base for steady expansion. We provide integrated solutions for asset value enhancement and logistics technology, linking assets, technology, and the logistics industry to improve clients' operational efficiency and economic benefits, achieving comprehensive integration of the industry.About NEXXNEXX is a technology company specializing in LLM (Large Language Models) and AI agents, committed to reshaping smart logistics and supply chain management. The self-developed AI agent NEXXBot is empowered by NEXX's proprietary vertical LLM, the NEXX language model (NexxLM), capable of understanding, formulating, and executing complex warehouse operations tasks with simple natural language commands. NEXX AI agents not only possess core abilities such as intelligent scheduling, demand forecasting, and automatic optimization but also combine multimodal data analysis with reinforcement learning algorithms to continuously enhance logistics operational efficiency. Its agent-based AI architecture breaks traditional software limitations, achieving flexible operations and real-time intelligent decision-making, helping enterprises reduce costs and increase efficiency. In this long-underdeveloped industry, NEXX is leading the path to change towards a smarter and more sustainable future. Copyright 2025 ACN Newswire via SeaPRwire.com.

BANGKOK, Apr 17, 2025 - (ACN Newswire via SeaPRwire.com) - Life Below Labs, an emerging yeast microbiology startup in Southeast Asia, has officially launched its first production facility in Bangkok, Thailand. Doubling as the company’s headquarters and central production hub, the state-of-the-art lab is dedicated to the innovation, preservation, and large-scale cultivation of fresh brewer’s yeast—offering local craft breweries unrivaled access to high-quality, locally produced fermentation cultures.The facility is equipped with cutting-edge yeast cultivation and quality control systems, including deep freeze storage that adheres to the rigorous standards of national microbial culture banks. This robust infrastructure allows Life Below Labs to preserve yeast cultures at a professional-grade level—ensuring a reliable supply of fresh, high-performance yeast customized to meet the evolving needs of Southeast Asia’s craft beer industry.Engineered for the production of commercial-grade fresh yeast, the lab empowers brewers with superior fermentation consistency, enhanced cell viability, and greater precision in shaping the flavor and aroma profiles of their beer—delivering a distinct edge over conventional dry yeast alternatives.Yeast plays a pivotal role in brewing, deeply influencing a beer’s aroma, flavor profile, and mouthfeel. However, access to fresh, high-quality yeast remains limited in Southeast Asia—hampered by import regulations, supply chain constraints, and the high costs of sourcing from overseas markets like the U.S., Europe, and Australia. Life Below Labs is breaking down these barriers by offering regionally produced, premium-grade fresh yeast specifically crafted to meet the needs of Southeast Asia’s growing craft beer industry.“This facility opens the door for brewers to push creative boundaries and redefine what’s possible in craft beer,” said Alan Edwards, Founder of Life Below Labs. “Fresh, high-quality yeast is a game-changer—enhancing flavor complexity, improving fermentation control, and ensuring batch-to-batch consistency. Our mission is to empower breweries across the region with the tools they need to innovate boldly and deliver exceptional, distinctive beers to their customers.”Backed by decades of combined expertise in bioprocess development and scale-up, Life Below Labs brings deep specialization in fresh yeast fermentation to Southeast Asia’s brewing scene. Founder Alan Edwards and business advisor Thanit Apipatana, both graduates of Imperial College London with backgrounds in Bioengineering and Biochemistry, respectively, lead the team.Trained to uphold rigorous quality standards, the Life Below Labs team ensures meticulous process management at every stage. Its professionally curated yeast bank provides breweries with customized, high-performance yeast strains—offering a dependable backbone for crafting a wide variety of alcoholic beverages.Thanit Apipatana, business advisor at Life Below Labs, said, “Brewing is evolving rapidly, and innovation starts with the right foundation. At Life Below Labs, we view yeast as more than just an ingredient; it’s the essential starting point for every exceptional beverage. We are dedicated to refining this foundation now, enabling brewers to experiment, create, and push boundaries later on without compromise.”Life Below Labs is currently focused on innovating new yeast strains for the future.About Life Below LabsLife Below Labs is a Thailand-based company that provides freshly propagated yeast solutions for craft breweries and beverage producers across Southeast Asia. Combining advanced microbiology expertise with innovative bioprocessing techniques, Life Below Labs delivers high-quality yeast tailored for superior flavor, consistency, and production flexibility. The company is led by founder and CEO Alan Edwards, who brings over a decade of microbiology experience to support breweries in creating exceptional beverages. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Apr 15, 2025 - (ACN Newswire via SeaPRwire.com) – The latest Standard Chartered GBA Business Confidence Index (GBAI) jointly published by Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today indicated broad-based improvement in business sentiment in the region for the first quarter of 2025.The GBAI “current performance” index for business activity rose to 53.5 in Q1 from 50.7 prior – the highest since Q2-2024. Six of the eight index components rose quarter-on-quarter, and all previous sub-50 underperformers rallied back above the neutral mark, namely “capacity utilisation” (+3.2pts), “raw material inventory” (+9.0pts), “financing scale” (+3.2pts) and “profits” (+3.1pts).The GBAI “expectations” index for business activity improved in tandem with its “current performance” counterpart, to 54.3 in Q1 from 52.9 in Q4-2024. Encouragingly, seven of eight expectation sub-indices rose quarter-on-quarter, led by a 3.1 percentage point increase in “profits” and a 2.8 percentage point increase in “raw material inventory”.All the city sub-indices, be it “current performance” or “expectations”, rose quarter-on-quarter, with Shenzhen being the only exception. Hong Kong extended its rising “current performance” streak to four straight quarters, to 53.5; its “expectations” index jumped to 56.9 – bested only by Guangzhou – from 50.8 prior. Guangzhou’s current and expectation prints stood at 60.3 and 58.0, respectively, the highest among cities.This showed that GBA companies weathered the initial rounds of US tariff hikes (10%+10%) well, in part thanks to the DeepSeek breakthrough lifting market sentiment as well as the rising prospect of more policy stimulus from China’s policymakers. However, respondents’ more-upbeat outlook in February-March (when the Q1 survey was conducted) likely did not prepare them for recent events – US’ announcement of sweeping and sizeable reciprocal tariff hikes on China and most other countries.Kelvin Lau, Senior Economist, Greater China and North Asia, Standard Chartered, said: “Given the urgency to stabilise market sentiment following the tariff-induced sell-off, the likelihood of China cutting the reserve requirement ratio and/or policy rate (7-day reverse repo rate) in April has materially increased. We expect that both monetary and fiscal policies on the Mainland will stay supportive. Meanwhile, Hong Kong would need to ramp up short-term support to SMEs and continue to diversify its trade to facilitate more non-US trade corridors. Our next survey, to be conducted in May-June, should provide a better view of the readiness of GBA businesses to live with high tariffs.”More consumption boosts welcomedLooking ahead, 41% of respondents saw a positive impact from the consumption boosting initiatives announced by China in January. Meanwhile, 38% said the consumer goods trade-in programme would bring positive impact on their business. When asked what else the government could do to expand the consumption-supportive measures, the most popular suggestion was “relax market access for private sector and foreign investment to help boost services consumption”.Wing Chu, Principal Economist (Greater China Research Team), HKTDC, said: “Boosting domestic demand is one of the government’s top priorities, as highlighted in the Government Work Report delivered by Chinese Premier Li Qiang in March. More than 50% of respondents have indicated that they are either already well positioned to tap into the mainland consumer market or are currently expanding or planning to expand their operations to do so. Additional supportive measures from the government could further bolster their businesses.”About the GBAIThe GBAI is the first forward-looking quarterly survey in the market that looks at the business sentiment and synergistic effects in cities and industries across the GBA. It is compiled based on a survey of more than 1,000 companies in the GBA covering the manufacturing and trading, retail and wholesale, financial services, professional services and innovation and technology sectors. The index enables investors and businesses to better understand the current business climate, gauge future performance prospects and formulate their market strategies for the GBA.Related materialsStandard Chartered GBA Business Confidence Index Report: https://www.sc.com/hk/gba/gba-index-report/HKTDC Research: https://research.hktdc.com/en/article/MTk4MDY0MTYwOQ(From left) Kelvin Lau, Senior Economist, Greater China and North Asia, Standard Chartered, and Wing Chu, Principal Economist (Greater China Research Team), HKTDC, announced the latest GBA Business Confidence Index (GBAI) today (15 April 2025). Kelvin Lau, Senior Economist, Greater China and North Asia, Standard Chartered Wing Chu, Principal Economist (Greater China Research Team), HKTDCMedia enquiriesCorporate Affairs DepartmentStandard Chartered Bank (Hong Kong) Limited Flora Chiu Tel: (852) 3843 2285 Email: flora.chiu@sc.com   Communications & Public Affairs DepartmentHKTDC Katy WongClayton Lauw    Tel: (852) 2584 4524Tel: (852) 2584 4472Email: katy.ky.wong@hktdc.orgEmail: clayton.y.lauw@hktdc.orgAbout Standard CharteredWe are a leading international banking group, with a presence in 53 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.The history of Standard Chartered in Hong Kong dates back to 1859. It is currently one of the Hong Kong SAR’s three note-issuing banks. Standard Chartered incorporated its Hong Kong business on 1 July 2004, and now operates as a licensed bank in Hong Kong under the name of Standard Chartered Bank (Hong Kong) Limited, a wholly owned subsidiary of Standard Chartered PLC. For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.

Kuala Lumpur, Apr 17, 2025 - (ACN Newswire via SeaPRwire.com) – April 16, CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced its annual financial results for the year ended December 31, 2024.Financial Performance OverviewThe company reported consolidated revenue of $592.52 million for the year ended December 31, 2024, marking a 35.9% increase from $435.90 million in 2023. This growth was primarily driven by a 38.1% increase in sales volume, supported by the addition of new customers during the year, expansion of our supply network to cover more ports, and a broader customer base that now includes bulk carriers and oil and gas tankers in addition to container liner operators.Due to challenging market conditions, the Company reported a net loss of $3.87 million in 2024, compared to a net income of $1.13 million in 2023, mainly attributed to a 25.5% decrease in gross profit to $5.37 million in 2024 from $7.21 million in 2023 and a 56.8% rise in operating expenses to $8.70 million in 2024 from $5.55 million in 2023. The Company adopted a volume-driven growth strategy that involved offering more competitive pricing in a market characterized by intensified competition and pricing pressure. While this approach supported increased sales volume and market share, it also contributed to narrower profit margins.In addition to reduced gross margins, the net loss was impacted by increased expenses for business expansion, biofuel operation, additional expenses to enhance ESG, and a rise in interest expenses. These were partially offset by a reduction in income tax expenses. The financial outcome reflects both the dynamic nature of the bunkering industry and the Company’s ongoing investment in client base development and geographic growth, which are expected to enhance long-term positioning as market conditions normalize.Earnings per share (EPS) reflected this, decrease to $(0.136) in 2024 from $0.045 in 2023. Cash and cash equivalents increased by 8.3% to $8.02 million as of December 31, 2024 from $7.40 million as of December 31, 2023.Business Expansion in Challenging TimesCBL International’s operational expansion was a key focus in 2024, particularly in a challenging industry environment marked by geopolitical tensions, such as the Red Sea crisis and broader Middle East tensions. The company grew its service network from 36 ports at the time of its IPO in March 2023 to over 60 ports by year-end 2024, covering Asia Pacific, Europe, Africa, and Central America. Revenue growth year-on-year was notable across China, Hong Kong, Malaysia, Singapore, and South Korea.Key new ports included Mauritius, Panama, and India, enhancing its global reach. This expansion was supported by servicing nine of the world’s top 12 container shipping lines, representing nearly 60% of global container fleet capacity. The Company’s European expansion focused on strengthening cross-regional service offerings for Euro–Asia trade routes. Growth was supported by a stronger presence in the Amsterdam-Rotterdam-Antwerp (ARA) region and a new Ireland office established in late 2023, enhancing local sourcing capabilities.Customer diversification was another priority, with the share of non-container liners in total revenue increased, and sales concentration among the top five customers declined in fiscal year 2024.A significant highlight was the company’s push towards sustainability, with biofuel sales surging by 628.8% and volume by 603.0%. The introduction of B24 biofuel (76% fossil fuel, 24% used cooking oil methyl ester) in Hong Kong, China, and Malaysia reduced greenhouse gas emissions by 20%, supported by ISCC EU and ISCC Plus certifications secured in 2023. This aligns with global trends towards greener shipping solutions and positions CBL as a leader in sustainable fuel logistics.Strategically, CBL enhanced its IT systems, implementing real-time order tracking, data analytics, and workflow automation to improve efficiency. Credit risk management was strengthened, and working capital management improved with increased factoring facilities and a cash balance rise, navigating macroeconomic challenges through pricing strategies and port network adjustments. Additionally, CBL expanded its funding sources by accessing capital markets, such as private placement, increasing financial flexibility to support growth initiatives.Bullish Outlook and Customer Loyalty StrategyDespite the net loss, CBL’s management remains optimistic about the future, viewing current industry challenges as an opportunity to build resilience and enhance customer loyalty. While prudently evaluating the impact of the latest U.S. tariff policy, among other macro incidents such as geopolitical tensions, regulatory changes, and shifting global trade dynamics, on the economy and the bunkering sector, CBL believes its broad global network, primarily focused on intra-Asia and Euro-Asia trade routes, helps mitigate potential adverse effects. Since the Company has no operation on U.S. ports, the impact of such policies may be limited in the near future.The Company’s strategic expansion of ports, diversification of its client base, and commitment to sustainable initiatives are designed to position it for growth when market conditions improve. By investing in new ports and expanding relationships with key industry players, CBL aims to secure long-term partnerships that will strengthen its market position as global trade stabilizes and profitability improves.Management Commentary and Future OutlookDr. Teck Lim Chia, Chairman and CEO of CBL International Limited, stated, “We are confident in our strategy to expand our service network, maximize sales volume and explore sustainable offerings, even in these challenging times. Our investments in new ports, diversified clients, and sustainable fuels are building a foundation for future growth. We believe that by demonstrating our capabilities at present, we will earn customer loyalty that will yield substantial benefits as the market recovers, positioning CBL International for significant success in the years ahead.”Looking ahead, CBL remains focused on expanding its market presence, particularly in biofuels, and enhancing its global supply network. The company is committed to driving operational efficiency and delivering sustainable growth.Webcast DetailsCBL International Limited (Nasdaq: BANL) cordially invites you to participate in a webcast to discuss its financial results for the year ended December 31, 2024.About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, as of 16 April, 2025. The Group actively promotes the use of sustainable fuels and is awarded with the ISCC EU and ISCC Plus certifications.For more information about our company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, fuel prices and tariffs, market, financial, political and legal conditions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.CBL INTERNATIONAL LIMITED (Incorporated in Cayman Islands with limited liabilities)For more information, please contact:CBL International Limited Email: investors@banle-intl.comStrategic Financial Relations Limited Shelly Cheng      Tel: (852) 2864 4857 Iris Au Yeung     Tel: (852) 2114 4913Email:            sprg_cbl@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, Apr 17, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) is pleased to announce two businesses that it will invest in from the inaugural Blue Magic Netherlands (BMN) event last November: Emergent Swarm Solutions and Saluqi Motors."The technologies presented by Emergent and Saluqi really stood out to us, and we're proud to be working with them," said Brad Lunn, managing director for GA-ASI. "I expect several other companies from the Blue Magic Netherlands event to emerge and we hope to make additional announcements in the near future."At the Blue Magic investment and innovation conference in the Netherlands, GA-ASI and its partners heard pitches from innovative Dutch companies about the important technologies they are developing. The event was organized collaboratively between GA-ASI, the Dutch Ministry of Defense, the Dutch Ministry of Economic Affairs, Brainport Development in Eindhoven, and Brabant Development Agency (BOM). The key areas of focus were Artificial Intelligence/Machine Learning, Autonomy, Advanced Materials, Sensors, Advanced Manufacturing, and Space. Close to 50 companies applied and after reviewing the applications, 16 companies were selected to pitch their capabilities.Emergent Swarm Solutions and Saluqi Motors were selected by GA-ASI to make investments after both companies made compelling pitches about their respective technologies at the BMN event and following months of detailed business and technology discussions with the two companies.Emergent Swarm Solutions develops innovative software solutions for autonomous flight and intelligent, decentralized swarming capabilities for a variety of unmanned vehicles. GA-ASI is partnering with Emergent to develop critical autonomy skills for GA-ASI's current and future portfolio of aircraft."It is a pleasure to partner with General Atomics to develop and deploy our autonomy and swarming capabilities on the current and next generation of unmanned aircraft," said Lennart Bult, Co-founder and Managing Director at Emergent Swarm Solutions. "Collaborating with the General Atomics team has been a fantastic experience, and we look forward to delivering advanced capabilities through this partnership."Saluqi Motors builds high-density motors with integrated electronics that significantly increase power and torque in small packages, which is well-suited for airborne platforms. GA-ASI is partnering with Saluqi to qualify their existing products within the strict environmental demands of aerospace applications and to develop new products for specific applications."We are deeply honored to be selected by GA-ASI from such a strong field of innovative companies," said Matthijs de Haan, CEO at Saluqi Motors. "Our ultra-compact and high-performance motors are engineered to meet the demanding requirements of aerospace applications. This collaboration enables us to further validate our technology and develop new solutions for the defense and aerospace industries."GA-ASI is a global leader in unmanned aircraft systems and related mission systems. The company hosted its first Blue Magic event in 2019 in Belgium, with subsequent events held in 2020, 2021, and 2023. GA-ASI is delivering eight MQ-9A aircraft to the Royal Netherlands Air Force (RNLAF)."GA-ASI is committed to continue working with the Dutch government and Dutch industry in supporting the growth of technology innovation in the Netherlands. GA-ASI anticipates holding additional BMN events in the near future," Lunn added.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

MANAMA, Bahrain, Apr 11, 2025 - (ACN Newswire via SeaPRwire.com) - With the aim of attracting exceptionally talented individuals and investment into the Kingdom of Bahrain, in line with strategic efforts to enhance national competitiveness and support development across various economic, investment, and service sectors, Bahrain today launched a website (www.goldenresidendy.gov.bh) and a hotline (+973 17484000) dedicated to providing information on its Golden Residency Program. The new services work towards providing a point of reference for interested applicants and beneficiaries.Since the Golden Residency Program was first launched in 2022 as part of the Economic Recovery Plan, the Nationality, Passports, and Residence Affairs has granted permanent residency to investors, expats owning real estate, artists, athletes, talented professionals, and long-serving employees alongside their dependents.H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board said, "With its strategic location and its business-supportive ecosystem, the Kingdom of Bahrain has always been a hub for both global talent and investment. The Golden Residency Program reaffirms our commitment to fostering a dynamic and welcoming environment where individuals and businesses can thrive and become part of Bahrain's growth plans. Bahrain is committed to consistently providing streamlined and advanced services to its citizens, residents, and visitors."Bahrain has cemented itself as the destination of choice for global professionals and investors. With its welcoming community and high quality of life, it offers an attractive home for all. Residents enjoy a cosmopolitan lifestyle that blends modern island living with rich cultural heritage. As a regional business hub, Bahrain offers 100% foreign ownership in most sectors, a competitive taxation system, and a highly skilled bilingual workforce. Positioned at the heart of the Arabian Gulf, residents will experience strategic access to key markets and a business-friendly regulatory environment that fosters innovation and investment.H.E. Shaikh Hisham bin Abdulrahman Al Khalifa, Undersecretary of the Ministry of Interior for Nationality, Passports, and Residence Affairs (NPRA) said: "Through the Golden Residency Program, we aim to attract global talent and investors to contribute to Bahrain's development plans. The website and hotline going live enable us to provide comprehensive information on the program, which will support in attracting talent and investment, thereby positioning the Kingdom as one of the region's tourism destinations of choice."The Golden Residency Program enables holders and their families to live and work in Bahrain, and is available to individuals who meet the following eligibility criteria:Employees: Professionals who have worked in Bahrain for at least five years with a minimum monthly salary of BHD 2,000 (equivalent to USD 5,306) over the past five years.Property Owners: Investors who own real estate in Bahrain valued at BHD 200,000 (equivalent to USD 530,555) or more at the time of purchase.Retirees: Individuals who have worked in Bahrain for at least 15 years and have an average monthly pension of BHD 2,000 (equivalent to USD 5,306) or more during the last five years of residency. Non-residents with an average monthly pension of over BHD 4,000 (equivalent to USD 10,624) are also eligible.Talented Individuals: Entrepreneurs, highly skilled professionals, and individuals who contribute significantly to Bahrain's economy or society.Eligible individuals can apply to the Program through Bahrain's eGovernment portal which provides a fast and efficient application process. A dedicated team is also available to assist Golden Residency applicants and holders, ensuring they have access to ongoing support in the Kingdom.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)Bahrain Economic Development Board (Bahrain EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. Bahrain EDB works with the government and both current and prospective investors to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT and tourism.For more information on the Bahrain EDB, visit www.bahrainedb.com.SOURCE: Bahrain Economic Development Board Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) and South Korea's Hanwha Aerospace have agreed to collaborate on the development and production of Unmanned Aircraft Systems (UAS) for the global defense market. The joint effort follows the successful completion of a major flight demonstration in 2024 when the two companies launched a GA-ASI MQ-1C Gray Eagle® STOL (GE STOL) UAS from the South Korean Navy's amphibious landing ship ROKS Dokdo (LPH-6111) as it was underway at sea off the coast of Pohang, South Korea.GA-ASI and Hanwha Aerospace collaborated on a historic ship to land flight demonstration using Gray Eagle STOL on Nov. 12, 2024.The demonstration illustrated the ability of the GE STOL to safely operate on many types of aircraft-capable ships, which opens myriad new ways for the U.S. and its allies to use this UAS to support multi-domain operations. It also paved the way for GA-ASI and Hanwha to sign this new agreement to jointly invest in and pursue new UAS business opportunities."We're excited to extend and deepen our business relationship with Hanwha," said GA-ASI CEO Linden Blue, who supervised the November 12, 2024, at-sea demonstration. "Our test flight with Gray Eagle STOL was well-received by the Republic of Korea Navy, and we know Hanwha is ready to invest to grow a UAS business with GA-ASI both in Korea and the U.S."Gray Eagle STOL-which stands for short takeoff and landing-is the only medium-altitude, long-endurance aircraft of its kind with the ability to operate without a catapult or arresting gear from fight deck-equipped warships such as amphibious ships and aircraft carriers. It additionally enables true runway independence by operating from unimproved fields and roads, beaches, parking lots, etc.Hanwha Aerospace plans to invest more than 300 billion KRW (US $203.5M) in the development and production facilities for GE STOL and UAS engines, expand research and development activities, and provide production infrastructure in both South Korea and with GA-ASI in the U.S. This is in addition to GA-ASI's past and ongoing investment in UAS STOL development. Hanwha also plans to create jobs by securing talent in related fields and to foster the domestic (Korean) UAS industry ecosystem by discovering domestic parts and material partner companies. GA-ASI expects the endeavor to create nearly 10,000 jobs based upon the expected sales and support over the next 10 years, and at least 500 jobs in the U.S."Hanwha Aerospace views unmanned systems as a strategic pillar for the future of defense. Through our collaboration with GA-ASI, we aim to strengthen sovereign defense capabilities, expand Korea's presence in the global UAS market, and contribute to a more robust ROK-U.S. alliance, said Dong Kwan Kim, Vice Chairman of Hanwha Group.Previously known as Mojave, Gray Eagle STOL leverages extensive commonality with the well-proven, in-production Gray Eagle 25M airframe to offer a highly capable new aircraft at greatly reduced cost and technical risk compared to a clean-sheet design. Gray Eagle STOL has recorded a number of first-of-their-kind aviation milestones, including the flight from the Dokdo, launch and recovery aboard the British aircraft carrier HMS Prince of Wales (09), live-fire testing at Yuma Proving Ground, Ariz., and several others. Gray Eagle STOL offers international militaries a unique platform: a full-featured medium-altitude, long-endurance UAS with a significant battlefield payload that can take off in short distances from ships, unimproved surfaces, or other highly combat-relevant locations.About Hanwha AerospaceHanwha is South Korea's seventh-largest business group, with innovative businesses in the areas of aerospace & mechatronics, clean energy and ocean solutions, finance, and retail and services. Hanwha Aerospace is a world leader that specializes in the design, development, assembling, and maintaining aircraft gas turbines and engine parts, aircraft components, as well as space systems, guided missile systems, and land and naval weapon systems to include providing highly specialized and dedicated organizational and depot maintenance support across these products. www.hanwha.comAbout GA-ASIGeneral Atomics Aeronautical Systems, Inc. is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, XQ-67A, YFQ-42A, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

West Palm Beach, FL, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2025. This season's release captures the brand's modern, American style against the picturesque landscapes of the beautiful beaches and parks in sunny San Diego, California.U.S. Polo Assn.From the stunning shores of La Jolla to the historic elegance of Balboa Park and the lush greenery at Lakeside Polo Club, these iconic locations perfectly frame the Spring-Summer 2025 Collection. This seasonal launch also features the exciting 135th Anniversary Collection, which celebrates the brand's namesake and sport inspiration, the USPA."Each collection created by the U.S. Polo Assn. Global Design Team builds on our deep-rooted history in the sport of polo, while pushing the boundaries of creativity for the brand," said J. Michael Prince, President and CEO of USPA Global, the company which manages and markets the global, multi-billion-dollar U.S. Polo Assn. brand. "This season's collection underscores our commitment to timeless style and our dedication to delivering sport-inspired apparel that honors our brand's legendary heritage and excites our consumers and sports fans around the world."The U.S. Polo Assn. Spring-Summer 2025 Collection, photographed along the stunning California coast, features a sophisticated and colorful palette of pastels and vibrant hues. Both models and polo players showcase a variety of warm-weather fabrics, including breathable linens, soft terry, and lightweight knits, ideal for the changing of the seasons. Pops of color combined with versatile textured fabrics can be seen in U.S. Polo Assn.'s newest fashions, such as stylish polo shirts, comfortable denim, and soft, seasonal dresses. Bold, colorful stripes are featured throughout the collection in unique color combinations alongside vibrant accessories, such as fashionable footwear, on-trend eyewear, and chic crossbody bags."The U.S. Polo Assn. Spring-Summer 2025 Collection is focused on both style and comfort, using high-quality materials and detailed designs that consumers can easily add to their wardrobes as they transition from cool weather to warm temperatures," said Jessica Ramesberger, Executive of Merchandising and Design for U.S. Polo Assn. "Our latest Collection delivers fun, functional, and stylish pieces for the whole family this season."U.S. Polo Assn. is also proud to launch the brand's 135th Anniversary Collection in Spring 2025. The limited-edition collection celebrates the brand's extensive heritage and legacy in the sport of polo. This distinctive Capsule Collection features apparel and accessories that highlight U.S. Polo Assn.'s long-standing, classic American style and the brand's signature red, white, and blue stripe."San Diego's laid-back vibe, with its sunny skies and sandy beaches, perfectly captures the spirit of our Spring-Summer 2025 Collection, which includes pieces from our iconic 135th Anniversary Collection," said Stefanie Coroalles, VP Global Marketing for USPA Global. "From the sun-soaked beaches of La Jolla to the timeless allure of Balboa Park and the lively backdrop of Lakeside Polo Club, the locations we selected for our photo shoot emphasized the sporty, fun, and casual vibe of our latest designs.""These one-of-a-kind settings not only reflect the relaxed, yet adventurous California lifestyle but also align perfectly with our brand's commitment to combining great style with comfort and accessibility," Coroalles added.Known worldwide for its authentic, sport-inspired style, the U.S. Polo Assn. Spring-Summer 2025 Collection stays true to the brand's identity with timeless, classic-American staples. The Collection also includes items with certain attributes that are part of the U.S. Polo Assn. global sustainability program, USPA Life. Encouraging everyone to "Play Your Part," this program embodies the brand's commitment to environmental and social responsibility by aligning with sustainable development goals to ensure a positive impact on people, products, and the planet. Apparel and accessories for men, women, and children in the Spring-Summer 2025 Collection are available in U.S. Polo Assn. stores and online globally.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.Additional high-resolution images available on request.Contact InformationKaela DrakePR & Communications Specialistkdrake@uspagl.com+001.561.461.8596Stacey KovalskyVice President, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, Apr 7, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) has demonstrated software that will provide in-flight target updates that will enable the MQ-9B SeaGuardian® Unmanned Aircraft System (UAS) to close gaps on maritime targets. In a recent ground test, GA-ASI demonstrated the ability to send sensor data to the missile via Link 16 messaging. The software, part of General Atomics' Quadratix software enterprise, was validated in a Systems Integration Lab and is gearing up for a live-fire demonstration later this year."We continue to build on the innovative capabilities of SeaGuardian for the U.S. Navy," said GA-ASI President David R. Alexander. "The targeting we've demonstrated will be especially valuable in contested environments, enabling an unmanned asset like SeaGuardian to be used for higher-risk missions instead of putting manned assets at risk."Being able to fire and use SeaGuardian for targeting will significantly enhance the aircraft's mission set. GA-ASI first showcased its targeting capability for SeaGuardian during the U.S. Navy's Rim of the Pacific (RIMPAC) 2024.SeaGuardian is a maritime derivative of GA-ASI's MQ-9B SkyGuardian® and remains the first UAS to offer multi-domain Intelligence, Surveillance, Reconnaissance, and Targeting (ISR&T) as an internal payload that can search the ocean's surface and its depths in support of Fleet Operations.With strong demand already in place, GA-ASI anticipates increasing interest in the MQ-9B SeaGuardian because it delivers high-end maritime capabilities at a significantly lower cost than traditional manned maritime platforms.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, XQ-67A, YFQ-42A, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.