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OnStation Closes $8.5M Series A Funding Round to Accelerate Growth and Innovation in the Heavy Highway Industry

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CLEVELAND, June 10, 2024 /PRNewswire/ — OnStation, the leading provider of digital stationing solutions for the heavy highway industry, announced the close of their $8.5 million Series A round. The funding round was led by JumpStart Ventures (NEXT II Fund) and included participation from VisionTech Partners, Frontier Angels, Up2 Opportunity Fund, JobsOhio Growth Capital Fund, Next Chapter Ventures, North Coast Ventures, New Dominion Angels and other angel investors.

OnStation’s platform offers a unique, location-based project record from bid to close, providing users instant access to stationing, design layers, and plans through a mobile app. The company serves multiple Department of Transportation (DOT) clients and over 200 contractors, integrating seamlessly with major industry software to streamline communication and data management.

“Ninety-six percent of construction data is unstructured and unused, while workers spend 18% of their time finding data. OnStation’s solution is essential for improving efficiency and accuracy,” said Patrick Russo, CEO of OnStation. “While each state builds its own solution, OnStation offers an integrated platform to enhance any project. Our solution has the potential to be used in every road project in the country, and this investment is allowing us to scale to meet the incredible demand.”

This investment will empower OnStation to accelerate its growth, expand its customer base, and enhance its innovative platform, designed specifically for civil engineering and roadway projects.

“In a very short time, Patrick and his team have become market leaders in digital stationing,” said Hardik Desai, Managing Partner at JumpStart Ventures. “Their solution is used nationwide to improve accuracy and efficiency. JumpStart Ventures is proud to support OnStation’s mission to become the leading app for all roadway projects, and we are thrilled to lead this round and be part of their growth story.”

The funds from this Series A round will accelerate OnStation’s growth strategy, including expanding its market presence across the United States and continuing to innovate its platform to meet the evolving needs of the heavy highway industry. For more information about OnStation and its solutions, please visit onstationapp.com.

About OnStation
OnStation is a collaborative digital stationing platform that offers location-based project records from bid to close. Specifically designed for the heavy highway industry, OnStation’s mobile app centralizes communication, boosts productivity, enhances worker safety, and improves project quality. Users benefit from instant jobsite stationing, milepost, and LRS capabilities. They can overlay design layers on the project map and communicate via a custom chat platform that organizes and records project events at their locations. OnStation is available on both the Apple App Store and Google Play Store and is supported on all desktop systems.

About JumpStart Ventures
JumpStart Ventures invests in Seed and Series A-stage technology startups across Ohio. With four investment funds under management, the organization provides capital and strategic resources to high-growth, early-stage companies as they navigate critical growth phases. One of Ohio’s most active seed-stage investors, JumpStart Ventures has generated 2.5X+ returns via nationally recognized exits. To learn more, visit JumpStart.vc.

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SOURCE OnStation

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Entrepreneur Universe Bright Group Reports First Quarter 2025 Financial Results

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XI’AN, China, May 15, 2025 /PRNewswire/ — Entrepreneur Universe Bright Group (“EUBG” or the “Company”), a Nevada corporation, today announced its unaudited financial results for the quarter ended March 31, 2025.

Financial Highlights

– Revenue: $961,954 for Q1 2025, representing a 23.7% decrease compared to approximately $1.26 million for the same period in 2024.
– Net Income: $183,485 in Q1 2025, down 50.9% from $373,496 in Q1 2024.
– Total Comprehensive Income: $185,195, compared to $308,889 in the prior year period.
– Cash Position: Cash and cash equivalents were approximately $8.91 million as of March 31, 2025.

Business Overview

EUBG provides digital marketing consultancy services through its wholly-owned PRC subsidiary, Xi’an Yunchuang Space Information Technology Co., Ltd. The Company specializes in helping startups and small businesses enhance brand recognition and improve sales via online platforms.

Strategic Outlook

EUBG continues to focus on high-value digital advisory services and platform-based solutions. The Company aims to expand offerings in brand consulting, omni-channel e-commerce integration, and performance-based marketing campaigns.

Management Commentary

Mr. Guolin Tao, CEO of EUBG, stated:

“In response to a continuously evolving market landscape, we have prioritized operational agility and resource realignment to enhance service quality and client outcomes.

As part of this approach, we are actively optimizing our service portfolio with a focus on performance-driven marketing and integrated brand strategy consulting. This strategic adjustment underscores our long-term commitment to building a more resilient and sustainable consultancy platform. We believe this proactive positioning will further strengthen our core competitiveness and support future growth.”

About Entrepreneur Universe Bright Group

Entrepreneur Universe Bright Group is a Nevada holding company that conducts its operations through its wholly-owned subsidiaries in Hong Kong and mainland China. The Company primarily engages in consulting, sourcing, and marketing services in China with support from its Hong Kong subsidiary. EUBG is committed to providing business consulting services across multiple markets in China. For more information, please visit: www.eubggroup.com.mainland

Safe Harbor Statement

This press release contains projections and “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 related to the Company’s business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are not historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.

Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from those discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; future business development; financial condition and results of operations; product and service demand and acceptance; competition and pricing pressures; changes in technology; government regulations; fluctuations in economic and business conditions in China; and assumptions underlying or related to any of the foregoing and other risks contained in the Company’s filings with the SEC. Investors are cautioned not to place undue reliance on any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

 

View original content:https://www.prnewswire.com/news-releases/entrepreneur-universe-bright-group-reports-first-quarter-2025-financial-results-302457429.html

SOURCE Entrepreneur Universe Bright Group

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RAN Stabilizes in 1Q 2025, According to Dell’Oro Group

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Ericsson, Nokia, Huawei, Samsung Rank Top 4 Vendors Outside of China

REDWOOD CITY, Calif., May 16, 2025 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, preliminary findings reveal that after two years of steep declines, market conditions improved in the quarter. Preliminary estimates show that worldwide Radio Access Network (RAN) revenue, excluding services, stabilized year-over-year, resulting in the first growth quarter since 1Q 2023.

“We attribute the improved conditions to favorable regional mix and lighter comps, rather than a change to the fundamentals that shape this market,” said Stefan Pongratz, Vice President for RAN market research at the Dell’Oro Group. “While it is exciting that RAN came in as expected and the full year outlook remains on track, the message we have communicated for some time now has not changed. The RAN market is still growth-challenged as regional 5G coverage imbalances, slower data traffic growth, and monetization challenges continue to weigh on the broader growth prospects,” continued Pongratz.

Additional highlights from the 1Q 2025 RAN report:

Strong growth in North America was enough to offset declines in CALA, China, and MEA.The picture is less favorable outside of North America. RAN, excluding North America, recorded a fifth consecutive quarter of declines.Revenue rankings did not change in 1Q 2025. The top 5 RAN suppliers (4-Quarter Trailing) based on worldwide revenues are Huawei, Ericsson, Nokia, ZTE, and Samsung.The top 5 RAN (4-Quarter Trailing) suppliers based on revenues outside of China are Ericsson, Nokia, Huawei, Samsung, and ZTE.The short-term outlook is mostly unchanged, with total RAN expected to remain stable in 2025 and RAN outside of China growing at a modest pace.

About the Report

Dell’Oro Group’s RAN Quarterly Report offers a complete overview of the RAN industry, with tables covering manufacturers’ and market revenue for multiple RAN segments including 5G NR Sub-7 GHz, 5G NR mmWave, LTE, macro base stations and radios, small cells, Massive MIMO, Open RAN, and vRAN. The report also tracks the RAN market by region and includes a four-quarter outlook. To purchase this report, please contact us by email at dgsales@delloro.com.

About Dell’Oro Group

Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit https://www.delloro.com

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SOURCE Dell’Oro Group

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CeMAT Southeast Asia – The Leading Intralogistics & Supply Chain Fair Opens in 3 days

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SINGAPORE, May 16, 2025 /PRNewswire/ — CeMAT Southeast Asia, the leading logistics and supply chain innovation trade event, is set to open in days, running 19 to 21 May 2025 at Singapore EXPO. Bringing together leading technology and service providers, CeMAT Southeast Asia will offer a one-stop hub for the latest in intralogistics, robotics and automation, warehousing, supply chain management, and materials handling.

Attendees at this year’s event can expect cutting-edge product demonstrations, industry-leading solutions, and deep dives into best practice across key sectors, including e-commerce, manufacturing, food industry, pharmaceutical, FMCG, supply chain management and retail.

With 65+ exhibitors, attendees can network with key industry leaders. Notable top exhibitors include SSI Schaefer, Dematic, Honeywell, Körber Supply Chain, KARDEX, Geek+, AutoStore, Swisslog, Samsung SDS Asia Pacific, Hyster-Yale Asia Pacific and many more.  

Mike Nissen, Commercial Director, Hannover Fairs Asia Pacific commented on the challenges and innovations driving the sector. “Southeast Asia’s logistics sector is evolving fast. With companies building more resilient supply chains, digitalization, skills development, and sustainability are becoming priorities.”

“At the same time, growth in e-commerce, regional trade deals like RCEP, and automation are reshaping the industry. With its strategic location and tech momentum, Southeast Asia is set to lead in supply chain innovation. CeMAT Southeast Asia 2025 is proud to drive this transformation forward.”

A highlight is the Singapore Hour — where exhibitors from the Singapore Pavilion talk about cutting-edge innovations in automation, warehousing, supply chain technology, and logistics.

Additionally, the Knowledge Theatre, sponsored by SSI SCHAEFER, will feature expert-led sessions, offering insights and solutions for professionals in logistics and warehousing, with sessions on Industry leaders such as Carsten Spiegelberg, Head of Logistics Solutions APAC & MEA at SSI Schaefer, Alex Ch’ng, Business Development Manager at AutoStore, and Terrence Chan, Senior Sales Manager at Dematic, will share their expertise and insights on:

The AI Revolution – How artificial intelligence is transforming logistics and supply chain operations.Future-Ready Intralogistics – Innovations shaping warehouse efficiency and supply chain agility.Robotics Excellence – The latest advancements in warehouse robotics and automation.Scalable SME Automation – Smart automation solutions tailored for small and medium-sized enterprises.Hot Trends in Cold Chain – Evolving best practices in temperature-controlled logistics.Sustainable and Secure Supply Chains – Strategies for building resilient, eco-friendly supply networks.The Warehouse of the Future – Technologies shaping next-generation warehousing and fulfilment.

CeMAT Southeast Asia 2025 will once again host the LogiSYM Asia Pacific conference on May 20–21 at the Singapore EXPO. This premier event brings together logistics and supply chain leaders to share practical insights, explore innovations, and tackle industry challenges. With thought-provoking discussions and interactive sessions, the partnership between CeMAT and LogiSYM offers aligned opportunities for networking, collaboration, and industry advancement.

For more information and to register, visit https://cematseasia.com/.

About Hannover Fairs Asia Pacific

Hannover Fairs Asia Pacific is part of Deutsche Messe AG .

Deutsche Messe was founded in 1947 with the Hannover Export Fair but has grown to become a globally significant events business operating events and venues around the world. The business operates 9 subsidiary offices including in the US and China, hosts events in over 48 locations, with sales activities in 110 countries. The company is owned by the State of Lower Saxony and the City of Hannover.

Our team has a wealth of experience in running events of all shapes and sizes in a vast range of geographies. Their passion is in creating great events that make a difference to the industry’s they serve.

Welcome to Hannover Fairs Asia Pacific, we look forward to seeing you at one of our events soon.

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SOURCE CeMAT

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