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United Kingdom Atomic Energy Authority (UKAEA) signs MoU with Nordic’s first fusion energy company, Novatron Fusion Group

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STOCKHOLM, May 30, 2024 /PRNewswire/ — The United Kingdom Atomic Energy Authority (UKAEA), the UK’s national fusion energy laboratory, has signed a Memorandum of Understanding with Novatron Fusion Group, a Swedish company that aims to revolutionise the field of fusion energy production and fast-track the transition to commercial fusion power.

The world’s energy demand is growing rapidly, and we need to meet it without reliance on fossil fuels. Fusion power potentially offers a flexible, large-scale, dispatchable source of clean, safe, and virtually limitless energy.

Estimates suggest more than 15 billion tons of CO2 emissions could be saved annually if all coal-fired power plants in the world were replaced with fusion power plants. Looking further to the future, fusion energy could become pervasive and cheap allowing entirely new industries to emerge.

Today’s fusion power announcement made public at the London Residence of the Swedish Ambassador to the UK, between the UKAEA and Swedish company Novatron Fusion Group builds on the UK and Sweden’s recently signed Strategic Partnership, expanding cooperation on science and innovation, energy, trade and security and defence.

Under the Strategic Partnership – signed by Swedish Prime Minister Ulf Kristersson and UK Prime Minister Rishi Sunak in October 2023 – both nations committed to ‘exploring opportunities for collaboration on fusion energy’ after acknowledging the emerging technology’s ‘importance for long-term sustainable energy supply”.

Ambassador of Sweden to the UK, H.E. Mr Stefan Gullgren said: “I am delighted that the Strategic Partnership signed by Sweden and the United Kingdom last year has inspired Novatron Fusion Group and UKAEA to establish a partnership on fusion collaboration. Sweden and the United Kingdom have a long history of investing in cutting-edge research leading to technological advancements. This partnership between two key actors in fusion technology represents yet another building block in our flourishing bilateral cooperation on science and innovation.”

Novatron Fusion Group is developing an innovative machine solution (currently the only mirror machine-concept in Europe) for stable magnetic plasma confinement at KTH Royal Institute of Technology in Stockholm, Sweden.

The new partnership will include site visits, staff exchanges including technology demonstrations alongside broader sharing on knowledge and some IP. Further investigations will be performed in parallel regarding collaboration on the next generation of machines. More specific focus areas include the design of fusion machines: particularly for heating of plasma, along with Diagnostics and Remote handling systems.

Novatron Fusion Group CEO, Peter Roos, said the MoU marked a significant step forward for Europe’s fusion energy ambitions. “We’re pleased to be strengthening our presence in the UK which is making a serious commitment to fusion energy. International cooperation is essential to ensure a concerted push, not only with technology development, but for swift implement of funding and regulatory changes to pave the way for the fusion energy industry. With support from investors, governments, academia and industry, commerciality is now within reaching distance.”

For more information, please contact:

Novatron Fusion Group AB
Linda Nyberg, CCO, +46 76-006 19 15 or linda.nyberg@novatronfusion.com

About Novatron Fusion Group

Novatron Fusion Group AB is a Swedish company headquartered in Stockholm. We are developing the NOVATRON concept – an innovative reactor solution for stable magnetic plasma confinement. The company’s approach aims to simplify the quest to deliver fusion energy to increase reliability and reduce the current capital and operational cost profiles of its fusion reactors, relative to alternative solutions. Partnerships include KTH Royal Institute of Technology (www.kth.se) and EIT InnoEnergy (www.innoenergy.com).

About UK Atomic Energy Authority

United Kingdom Atomic Energy Authority (UKAEA) is the UK’s national organisation responsible for the research and delivery of sustainable fusion energy. It is an executive non-departmental public body, sponsored by the Department for Energy Security and Net Zero.

Fusion energy has great potential to deliver safe, sustainable, low carbon energy for generations to come. It is based on the same processes that power the Sun and stars, and would form part of the world’s future energy mix. Achieving this is a major technical challenge that involves working at the forefront of science, engineering, and technology.

UKAEA’s fusion machines include MAST-Upgrade (Mega Amp Spherical Tokamak) and the JET (Joint European Torus) research facility. JET’s operations were funded by the UK Government from 2021 until 31st December 2023. UKAEA is delivering the transition of JET from plasma operations to repurposing and decommissioning. The insights gained from this process will contribute to the advancement of sustainable future fusion powerplants. 

UKAEA is implementing the UK’s £650 million Fusion Futures Programme, the UK’s alternative programme to associating to Euratom R&T, to support the UK Fusion Strategy. The Programme entails establishing new facilities at UKAEA’s Culham Campus in Oxfordshire to facilitate the advancement of new technologies and expand fusion fuel cycle capabilities. The Programme aims to foster world-leading innovation while also stimulating general industry capacity through international collaboration and the development of future fusion powerplants. Additionally, a fusion skills package will be introduced focusing on nurturing expertise across a spectrum of disciplines and levels. In 2021, UKAEA opened its Fusion Technology Facility near Rotherham in South Yorkshire, to develop and test materials and components for future fusion powerplants.

UKAEA also undertakes cutting edge work with academia, other research organisations and the industrial supply chain in a wide spectrum of areas, including robotics and materials.

More information: https://www.gov.uk/ukaea. Social Media: @UKAEAofficial

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/novatron-fusion-group-ab/r/united-kingdom-atomic-energy-authority–ukaea–signs-mou-with-nordic-s-first-fusion-energy-company–,c3991479

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Consensus 2025 Wraps in Toronto With Eric Trump

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Crypto‘s “Big Tent” event has wrapped in Toronto as high-profile figures across business, technology and government gathered to discuss crypto‘s regulatory liberalization and rising adoption. In 2026, Consensus will be hosted in Hong Kong (February) and Miami (May).

TORONTO, May 16, 2025 /PRNewswire/ — Consensus 2025, the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries, concluded today at the Metro Toronto Convention Centre bringing together 14,771 attendees from 102 countries. The three-day event serves as the industry’s premier “big tent” event, uniting diverse voices from traditional finance, DeFi, policymaking and more to explore the future of digital assets.

Featuring 500 speakers across six stages, Consensus 2025 provided attendees with unique insights into the crypto landscape, with DeFi, real-world assets (RWAs), decentralized AI, stablecoins, crypto adoption and the evolving regulatory landscape dominating discussions among the biggest players in the crypto ecosystem. The event also featured North America’s largest in-person blockchain hackathon, with over 1,000 developers participating.

Highlights of Consensus Toronto included presentations from industry leaders, financial giants, tech powerhouses and White House representatives, including Coinbase, BlackRock and Google. Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin featured on two sessions, with other high profile sessions from Kevin O’Leary, chairman of O’Leary Ventures and host of Shark Tank; Dave Portnoy, founder of Barstool Sports; Anthony Scaramucci, founder of Skybridge Capital. Toronto was chosen as the location for this year’s event due to its reputation as a financial powerhouse. It was also pinpointed to welcome a high concentration of Canadian crypto leaders, its growing reputation as a crypto innovation hub and status as the birthplace of Ethereum.

“Thanks to our friends at Consensus. They do an amazing job,” said Eric Trump of the CoinDesk conference, which has been running since 2015.

With plans for Consensus 2026 to take place at the iconic Miami Beach Convention Center in May 2026, Miami is considered the crypto capital of North America and a gateway to LATAM. Miami is set to position the event at the strategic crossroads of global capital, talent and innovation. Coming in February 2026, Consensus will return to the Hong Kong Convention and Exhibition Center.

Major sponsors of Consensus Toronto included Stellar, American Bitcoin, BitGo, Fastex, Spacecoin, alongside tech giants Google and AWS and Canadian firms such as WonderFi, Wealthsimple and Coinbase Canada.

Secure your ticket for Consensus Miami or Consensus Hong Kong now.

Media Contact:
Conor McGorry,
Senior Account Executive,
ClearStory International
M: +353 83 805 5747
E: conor@clearstoryinternational.com

About Consensus
Consensus by CoinDesk is the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries. Bringing together industry leaders, policymakers and innovators, it helps people understand the future of digital assets with discussions on key topics such as DeFi, Web3, AI, the evolving regulatory landscape and more. With a mix of panels, keynotes and networking opportunities, Consensus 2025 provides a platform to explore the latest trends shaping the digital economy. Whether you’re an industry veteran or just entering the space, this event offers valuable insights and connections in a rapidly evolving field.

About CoinDesk
CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com.

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SOURCE CoinDesk Inc

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AFRICON 2025 Returns to Atlanta on September 18-20, 2025

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AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, this year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

ATLANTA, May 16, 2025 /PRNewswire-PRWeb/ — The Premier Global Gathering Celebrating African Culture, Creativity, and Commerce Expands with New Partnerships

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, the 2025 edition, will showcase panels, workshops, pitch competitions, music showcases, fashion bazaars, and a film festival. This year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

“Each year, we’re building bridges across continents and creating a global platform that celebrates who we are while shaping where we’re going,” said Dami Kujembola, CEO & Co-Founder of Amplify Africa.

This year, AFRICON is proud to announce a headline partnership with Fidelity Bank, one of Africa’s most respected financial institutions. As part of this collaboration, AFRICON 2025 will feature the 3rd Annual Fidelity Investment and Trade Creative Connect (FITCC)—a marquee forum designed to spotlight innovation, entrepreneurship, and cross-border investment opportunities across the African continent.

“Since 2022, when we hosted the maiden edition, the FITCC has evolved beyond a platform for promoting Nigeria’s non-oil exports to become a veritable showcase of the immense value Nigeria has to offer the global market,” stated Dr. Nneka Onyeali-Ikpe, OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc. “As part of our commitment to developing platforms that promote economic growth, creativity, and sustainable trade both within Nigeria and internationally, we are pleased to collaborate with AFRICON to host FITCC. This initiative stems from AFRICON’s esteemed capability to unite key stakeholders dedicated to integrating Nigerian businesses into global supply chain networks.”

AFRICON 2025 will feature a dynamic lineup of programming including cultural showcases, policy roundtables, business summits, nightlife experiences, and wellness activations. From creative industries and tech innovation to investment, trade, and social impact, the two-day experience positions Africa and its Diaspora as a rising global force.

Projected Impact

It is expected that AFRICON 2025 will attract:Over 3,000 attendees from around the worldMore than 200 exhibitors and businesses across sectorsOver US$200 million in trade, investment, and partnership deals to be concluded

AFRICON 2025 continues to build on its legacy of convening a global network of decision-makers, creatives, executives, and community leaders who are shaping Africa’s future.

For more information on tickets, sponsorship opportunities, and programming details, visit www.africon.global or follow @africon.global on all platforms.

About Amplify Africa

Amplify Africa is a leading media, events, and cultural agency dedicated to shaping the global narrative of Africa and its Diaspora. With a reach of over 12 million people monthly, Amplify Africa curates impactful experiences, content, and campaigns that celebrate African excellence across entertainment, tech, business, and culture. From landmark festivals to thought leadership summits, the platform serves as a bridge between Africa and the world—empowering the next generation of changemakers and creators.

About Fidelity Bank

Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

Media Contact
Amplify Africa, Amplify Africa, 1 2138140719, info@amplifyafrica.org, https://amplifyafrica.co/

View original content to download multimedia:https://www.prweb.com/releases/africon-2025-returns-to-atlanta-on-september-1820-2025-302456185.html

SOURCE Amplify Africa

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Movano Health’s Board of Directors Initiates Process to Maximize Shareholder Value

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PLEASANTON, Calif., May 16, 2025 /PRNewswire/ — Movano Health (Nasdaq: MOVE), a pioneer in health technology, announced today that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value.  To support this process, Movano Health’s Board of Directors has engaged Aquilo Partners as its financial advisor and K&L Gates LLP as its legal counsel.

There can be no assurance that this process will result in any transaction or other strategic change or as to the timing of any such potential agreement or transaction. Movano Health does not intend to disclose further developments unless and until the Board of Directors has approved a specific course of action or determines that further disclosure is appropriate or required.  The Company also reported that due to resource constraints, it does not plan to timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2025.

About Movano Health 
Founded in 2018, Movano Inc. (Nasdaq: MOVE) dba Movano Health is developing a suite of purpose-driven healthcare solutions to bring medical-grade data to the forefront of wearables. Featuring modern and flexible form factors, Movano Health’s devices offer an innovative approach to delivering trusted data to both customers and enterprises, capturing a comprehensive picture of an individual’s health data and uniquely translating it into personalized and intelligent insights.

Movano Health’s proprietary technologies and wearable medical device solutions enable the use of data as a tool to proactively monitor and manage health outcomes across a number of patient populations that exist in healthcare. For more information on Movano Health, visit https://movanohealth.com/.

Forward Looking Statements

This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding the Company’s strategic plans and value, plans with respect to the commercial launches of the Evie Ring and EvieMED; our expectations regarding potential commercial opportunities and addressable markets; planned cost-cutting initiatives; anticipated FDA clearance decisions with respect to our products; expected future operating results; product development efforts and product releases; clinical trial and regulatory initiatives; commercial partner activities; our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.”  Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

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SOURCE Movano

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