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QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

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Expands global advisory team to further market leadership in enabling advanced encryption

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ — QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company’s global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping. He was formerly the CEO of Telstra and before that the CEO of AXA Asia Pacific Holdings. He was also Chairman of the Australian Government’s Cyber Security Expert Advisory Board and a member of the Expert Advisory Panel for the Victorian State Electricity Commission.

“We are delighted to have the benefit of Andy’s deep experience and expertise from his many years leading two of Australia’s largest companies and his extensive Government policy work,” said QuintessenceLabs Founder and CEO, Dr Vikram Sharma. “Andy has deep experience in critical technologies and cybersecurity and in applying this practically both across business and government agencies and his insights will further our mission to enable advanced encryption capabilities, including quantum-resilient solutions, for our customers.”

Andy is a Member of the Advisory Board of REDSPICE a major program of the Australian Signal’s Directorate (ASD) to expand the range and sophistication of Australia’s intelligence, offensive and defensive cyber capabilities, a Member of the Quad Investors Network of the American Frontier Fund, and a Member of the Council of Trustees of the National Gallery of Victoria.  He is also a non-executive Director and Chair of the Audit and Risk Committee of the Coles Group.

“I am very pleased to be supporting the QuintessenceLabs team as they have developed unique capabilities in quantum key generation, crypto-agile key management, and quantum key distribution,” said Penn. “Encryption is a key resource in managing and mitigating the cybersecurity risks that we face as individuals, companies, and nations.”  

“Existing approaches to encryption management are becoming increasingly vulnerable as the technologies available to malicious actors become more sophisticated and powerful and quantum will take this to a whole new level. From all my work in cybersecurity, it is clear that encryption management has fallen way behind where it needs to be and we need to act urgently. QuintessenceLabs is at the forefront of helping solve this problem,” said Penn.

Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC. Bob is a seasoned enterprise technologist with expertise in cybersecurity, corporate governance, and strategy, having held leadership roles in U.S. defense and intelligence, including as former CTO for the Defense Intelligence Agency (DIA).

At OODA LLC, Bob leverages a global network to promote the use of advanced technologies in enterprises. Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

Leading experts agree that enterprise-scale encryption is one of the critical pillars of a robust cybersecurity strategy for most organizations. QuintessenceLabs is primed to deliver global leadership in supporting customers to implement enterprise-scale encryption and achieve a quantum-resilient cybersecurity posture in a complex cyber threat environment. These appointments affirm our commitment to excellence and reflect our dedication to assembling a team of industry leaders and visionaries.

For more information visit: www.quintessencelabs.com/leadership.

About QuintessenceLabs

QuintessenceLabs is a global leader in post-quantum cybersecurity. The company offers a suite of solutions and services ranging from qStream, the world’s fastest quantum random number generator to qOptica a continuously variable quantum key distribution system which are underpinned by the Trusted Security Foundation (TSF), the industry’s most secure encryption key management platform. The company is currently working with governments and organizations worldwide to secure sensitive information today and into a post-quantum computing future. For more information, visit www.quintessencelabs.com or connect on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/quintessencelabs-appoints-andrew-andy-penn-ao-as-special-adviser-302059950.html

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S&P Global Declares Second Quarter Dividend

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NEW YORK, May 6, 2025 /PRNewswire/ — The Board of Directors of S&P Global (NYSE: SPGI) has approved a cash dividend on the Corporation’s common stock for the second quarter of 2025. The dividend of $0.96 is payable on June 11, 2025, to shareholders of record on May 28, 2025. The annualized dividend rate is $3.84 per share.

The Company has paid a dividend each year since 1937 and is one of fewer than 30 companies in the S&P 500® that has increased its dividend annually for more than 50 years.

About S&P Global:

S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.

We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today.

Contacts:

Investor Relations:
Mark Grant
Senior Vice President, Investor Relations
Tel:  + 1 347 640 1521

Media:
April Kabahar
Global Head of Corporate Communications
Tel:  +1 212 438 7530

View original content:https://www.prnewswire.com/news-releases/sp-global-declares-second-quarter-dividend-302447784.html

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LAZ Parking Acquires Majority Interest in Freight Ninja

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Illinois-based provider of truck, trailer, and fleet parking management solutions is a leader in a rapidly growing segment of the parking industry.

HARTFORD, Conn., May 6, 2025 /PRNewswire/ — LAZ Parking, the largest, fastest-growing privately-owned parking operator in the United States, is pleased to announce it has acquired a majority interest in Freight Ninja, a leading provider of truck, trailer, and fleet parking management solutions. Based in Lombard, Illinois, Freight Ninja operates a network of 50 leased or managed Industrial Outdoor Storage (IOS) locations strategically located across the United States. Established in 2022, the company offers an array of services ranging from full-scale management of an entire facility to more specialized support such as market analysis, layout optimization, and security planning.

Under the agreement with LAZ, Freight Ninja will have access to the financial and operational support needed to accelerate its growth. For LAZ, it’s an opportunity to diversify into a fast-growing market that aligns well with LAZ Parking’s existing business.

“We are thrilled to have John Borsellino, and his amazing team of people join the LAZ family and help expand Freight Ninja’s footprint nationwide,” said Alan Lazowski, Chairman and CEO of LAZ Parking. “We share their vision and see tremendous opportunity to collaborate on the management of truck parking facilities and storage throughout the United States. Freight Ninja is a strong cultural fit for LAZ. It’s a company we very much believe in and will benefit from the resources, technology, and expertise LAZ brings to the partnership.”

IOS parking management services provide comprehensive solutions for property owners and managers seeking to optimize the operation of IOS facilities. The shortage of safe, secure truck, trailer, and container parking has become a major challenge for fleet owners nationally. Over 97 percent are small businesses operating fewer than 20 trucks, the vast majority of which – 91.5 percent – have six or fewer trucks.

Freight Ninja oversees facilities with over 300 acres of property and 10,000 parking spaces. Under the deal, the company will have access to LAZ home office services such as human resources, insurance, accounting, tax, treasury, compliance, and IT. LAZ also brings proprietary technology to the partnership, like LAZ’s eCommerce platform & its Subscription parking solution that centralizes and optimizes monthly parking, integrating payment processing and access control. 

“This partnership merges the strengths of two industry leaders in a way that addresses a need shared by small business owners across the country,” said Jeffrey Karp, President of LAZ Parking. “It lays the groundwork for sustainable growth and expansion into markets where the need for safe, secure, and convenient truck, trailer, and fleet parking is greatest.”

“We’re excited to team up with LAZ Parking to tackle one of the biggest challenges in transportation—truck parking,” added John Borsellino, Chief Executive Officer of Freight Ninja. “With their expertise in parking operations and our focus on operating and managing outdoor storage solutions, this partnership is a great step forward in offering safe and reliable parking options. Together, we’re helping to keep America’s logistics and transportation running smoothly, and we’re thrilled to have LAZ on board to support the trucking community.

About LAZ Parking 

LAZ Parking is the largest, fastest-growing privately owned parking operator in the United States and a pioneer in digital parking technology. Founded in Hartford, CT, LAZ has been providing best-in-class parking management and transportation services since 1981 and operates over 1.7 million parking spaces in more than 4,000 locations in 42 states and 530 cities in the U.S. and Canada. LAZ is an industry leader in business intelligence, remote monitoring, eCommerce solutions, and Proximity On-Demand Services or “LAZ PODS”. We leverage our international network of parking facilities to offer cutting-edge, tech-enabled solutions that include EV charging, micro warehousing, last-mile logistics, working across the hospitality, commercial, healthcare, airports, transportation, universities, government, retail, events, residential, and shuttle service industries. LAZ is a people-first, conscious capitalist company, committed to elevating humanity through business. Additional information can be found at www.lazparking.com.

About Freight Ninja

Founded in Lombard, Illinois, Freight Ninja is the national leader in truck, trailer, fleet parking and industrial outdoor storage solutions, solving one of the industry’s most urgent challenges: safe, reliable, and accessible parking for commercial drivers. Our platform connects carriers and independent and owner operators to a growing network of 50+ secured parking locations nationwide, strategically positioned in high-volume freight corridors and major logistics hubs.

Freight Ninja helps reduce costly dwell times, improve driver satisfaction, and unlock untapped revenue streams for property owners—all through a scalable, data-driven solution. With the freight industry under mounting pressure to optimize operations, Freight Ninja is positioned at the intersection of transportation, infrastructure, and technology.

We’re building the physical and digital backbone of tomorrow’s freight logistics—one parking space at a time.

Additional information can be found at: www.freightninja.com 

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CoreWeave Expands Credit Facility to $1.5 Billion to Support Continued Growth

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The expansion includes an $850 million increase to the revolving credit facility

LIVINGSTON, N.J., May 6, 2025 /PRNewswire/ — CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced that it entered into an agreement with JPMorgan Chase Bank, Goldman Sachs, Morgan Stanley and MUFG, with participation from Credit Agricole, Deutsche Bank, Societe Generale, Sumitomo Mitsui Banking Corporation and Wells Fargo, to, among other things, increase the company’s revolving credit facility from $650 million to $1.5 billion and extend the maturity date. The proceeds from this agreement will enhance the company’s financial flexibility and enable it to continue growing its leading AI cloud infrastructure platform globally.

CoreWeave previously closed a $650 million revolving credit facility in October 2024.

CoreWeave is the leading AI cloud infrastructure provider and is consistently one of the first-to-market with the most advanced hardware and software solutions. Last month, NVIDIA and CoreWeave announced that CoreWeave is among the first AI cloud providers offering GB200 Grace Blackwell Superchips at scale, after CoreWeave reported a record-breaking MLPerf inference benchmark with the GB200 system. The company is also the only hyperscaler to achieve the highest Platinum ranking from SemiAnalysis, an independent AI industry research and analysis group.

About CoreWeave
CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024. Learn more at www.coreweave.com.

Forward-Looking Statements
This press release contains forward-looking statements based on management’s expectations, assumptions, and projections using information available at the time the statements were made. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions. It is not possible for CoreWeave’s management to predict all risks, nor can CoreWeave assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements CoreWeave may make. In light of these risks, uncertainties, and assumptions, CoreWeave’s actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Further information on risks that could cause actual results to differ materially from forecasted results are, or will be included, in the filings CoreWeave makes with the Securities and Exchange Commission from time to time, including the Prospectus dated March 27, 2025, filed on March 31, 2025 pursuant to Rule 424(b) under the Securities Act of 1933, as amended, relating to the Registration Statement on Form S-1, as amended (File No. 333-285512). Except as required by law, CoreWeave assumes no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/coreweave-expands-credit-facility-to-1-5-billion-to-support-continued-growth-302447681.html

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