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Finland’s Oldest Nuclear Reactor Decommissioned in Espoo: VTT Info

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ESPOO, Finland, June 18, 2024 /PRNewswire/ — The FiR1 nuclear reactor, which operated for over fifty years in Espoo, Finland, has been decommissioned in collaboration with Fortum. This challenging project addressed numerous concrete issues and simultaneously established the national mechanism for nuclear decommissioning waste management process. The experiences gained will serve as a model for decommissioning commercial nuclear reactors in Finland as they reach the end of their operational life.

The FiR1 research reactor was Finland’s oldest nuclear reactor. Commissioned in 1962, the unit was used for versatile research purposes and also served the healthcare sector. The reactor, with a thermal power of 250 kilowatts, did not produce electricity or heat for utilization.

Despite the reactor’s small size, the FiR1 decommissioning project will domestically serve as a model for decommissioning commercial nuclear reactors and created new expertise for the benefit of VTT’s and Fortum’s international customers.

“The process of decommissioning a nuclear reactor has now been comprehensively tested in Finland for the first time, taking into account the perspectives of various stakeholders. Significant actions were taken during the process, such as establishing a national waste management mechanism. Administratively, the same measures were implemented as would be required for decommissioning a large reactor,” explains Markus Airila, VTT’s principal scientist, who led the project and served as the decommissioning manager.

The reactor was shut down in 2015, which initiated the licensing process for decommissioning and the planning for dismantling. In 2020, a significant milestone was reached when the spent fuel was transferred to the United States for further utilization. A total of 103 spent nuclear fuel rods, weighing approximately 300 kilograms, were removed from the reactor.

Alongside the FiR1 project, VTT, in collaboration with several Finnish partners, also executed the dECOmm development project funded by Business Finland. This project used the decommissioning project as a test platform for various applicable technologies and has successfully achieved its initial goal of exporting technology.

“During the project, our reputation has spread, and VTT will be involved in similar decommissioning projects abroad, both in research reactors and commercial power plants,” Airila rejoices.

Having ambitious and measurable safety goals, the project brought together VTT’s safety culture experts and the project leaders, facilitating an extraordinarily fruitful interaction. The experts closely supported the project lead in continuously enhancing the organization’s safety culture, so they also gained hands-on experience from a real use case over several years. Now, VTT can use this experienced and cross-disciplinary team to offer unique safety culture support to other safety-critical projects.

Decommissioning Accelerated by Thorough Planning

In 2021, VTT received the decommissioning license for FiR1 from the Finnish government. Fortum, the main contractor, began dismantling in June 2023 and concluded the work in April 2024. Fortum’s works on the project will continue with the final disposal of waste in the Loviisa power plant’s final repository for low and intermediate-level waste.  

“The dismantling phase was very swift, thanks to thorough planning and preparatory work. Additionally, it was crucial that we could leverage the strong nuclear safety culture and expertise from Fortum’s Loviisa nuclear power plant. Fortum handled everything safely, efficiently, and on schedule without significant delays,” says Airila.

Dismantling amid Aalto University’s Otaniemi campus posed its safety requirements in organising the dismantling site and the arrangement of necessary waste transports.

The demolition waste which is classified as radioactive is being delivered for final disposal at Fortum’s Loviisa nuclear power plant’s low- and intermediate-level waste repository. A total of approximately 60 cubic meters of this waste, mainly concrete, was generated for delivery to the Loviisa repository. A six-meter-high water tank and a two-meter-thick concrete shell surrounded the reactor.

“For us at Fortum, this successful project is a testament to our extensive expertise, covering the entire lifecycle of a nuclear facility. We have executed a nuclear facility decommissioning project with the same quality and competence with which we have operated nuclear facilities and delivered projects for external customers over decades,” says Antti Ketolainen, Fortum’s director in charge of the project.

A significant experience for both VTT and Fortum was the preparation of a decommissioning and dismantling plan required for the decommissioning license. Extensive documentation was produced and developed for this purpose.

“We gained a lot of lessons and experience from the FiR1 project, which we can use to develop our operations and support our service business customers, for example, in preparing decommissioning plans and cost estimates,” Ketolainen continues.

The decision to cease using the FiR1 reactor was made in 2012, and soon after, an environmental impact assessment for decommissioning commenced. The total decommissioning costs amounted to approximately 24 million euros, pre-funded by the Finnish Nuclear Waste Management Fund.

About 40 individuals worked on the decommissioning site at various stages and in shifts. Some VTT employees had worked with the reactor for decades. Three to four workers primarily carried out the actual dismantling, with others managing waste disposal, radiation monitoring, and site supervision.

More information:

Markus Airila, principal scientist, VTT, +358403508669, markus.airila@vtt.fi
Antti Ketolainen, director, Fortum, Decommissioning and Waste, Nuclear Services, +358407518956, antti.ketolainen@fortum.com

Further information on VTT:

Pepita Wakkola
Manager, Communications
+358 50 360 7242, pepita.wakkola@vtt.fi  
www.vtt.fi

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

https://news.cision.com/vtt-info/r/finland-s-oldest-nuclear-reactor-decommissioned-in-espoo,c4002338

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Mega Matrix Inc. Announced that Romantic Drama Micro-drama “Runaway Billionaire Becomes My Groom” Now Streaming on FlexTV

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that the romantic drama short drama Runaway Billionaire Becomes My Groom has officially launched on FlexTV, the leading global short-form streaming platform operated by Mega Matrix Inc. (NYSE American: MPU), as of January 9. What begins as a hasty engagement driven by impulsive emotions unexpectedly leads the two protagonists on a passionate and healing journey of love.

Liana, in a moment of extreme heartbreak, impulsively marries Jacob, a billionaire with hidden secrets. As time passes, their relationship gradually develops into something sincere and deep. However, their love faces serious challenges when confronted with meddling exes, family disputes, and corporate power struggles.

Liana’s ex-boyfriend, still holding on to feelings for her, attempts to sabotage her new life, while Jacob finds himself entangled in fierce power struggles within his company, threatening their fragile new relationship.

MPU operates the globally leading short-form streaming platform FlexTV, currently offering short-form content in over 100 countries, with versions in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. FlexTV has gained global popularity for its high-quality content and exceptional user experience. Runaway Billionaire Becomes My Groom is now available for streaming on FlexTV, showcasing to viewers that true love requires mutual effort and understanding, as well as the courage to face and overcome the various challenges life presents. For more exciting content, please visit https://www.flextv.cc/.

#LoveAfterMarriage #Romance #Urban #Billionaire #ShortSeries #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

 

 

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SOURCE Mega Matrix Inc.

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Wi-Charge Empowers Large Format E Ink Posters with Wireless Electricity, Unlocking Limitless Communication Across Industries

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TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ — Wi-Charge, the global leader in wireless electricity, announced today that it is now powering E Ink’s large-format Spectra 6 color panels. E Ink poster-size displays, ranging from 13 inches to 40 inches in size, can now be powered over the air and be installed anywhere without laying cables or replacing batteries. The combined Wi-Charge and E Ink technology, called the Wi-Poster, dramatically opens up opportunities for organizations to deliver the right messages at the right place to their customers, without limitations.

Wi-Charge’s breakthrough and patented infrared wireless electricity eliminates the significant cost and complexity of installing and moving digital signage, even in hard-to-reach areas. By safely and efficiently delivering electric power over the air through infrared light, Wi-Charge simplifies operations, reduces maintenance costs, and offers a sustainable, flexible solution for digital signage across a wide range of industries.

“We are excited to extend the impact and reach of E Ink displays through Wi-Charge wireless power, enabling organizations to make frequent updates to their content without limitations,” said Ori Mor, co-founder and chief business officer, Wi-Charge. “By removing the constraints of wires and batteries, Wi-Charge and E Ink are revolutionizing how businesses engage their audiences and easily deliver dynamic, timely messaging.”

Wi-Poster from Wi Charge delivers a number of new capabilities and benefits to companies using E-Ink, including:

Durable, One-Sided or Double-Sided Displays: The elegant Wi-Poster display is made with premium Gorilla Glass.Deliver Fresh and Timely Messages: By eliminating concerns about draining batteries from overuse, organizations can update content on the E Ink displays as many times as they want.Flexible Positioning: Wi-Charge wireless power enables organizations to position the Wi-Poster E Ink display in the ideal place where it can be seen, not where the nearest plug is located.Broad Relevance Across Industries: From retail to financial institutions to transit hubs, Wi-Charge adapts to each unique environment, offering a seamless solution for digital signageSustainable: By delivering reliable, energy-efficient power to E Ink displays high-wattage LCDs, paper waste and cable installations are eliminated.

“C3 customers rely on us to provide the ideal technology solutions to drive their businesses forward, and Wi-Charge’s wireless power solutions change the game and open up unimaginable possibilities,” said Tony Mahadevan, CEO, C3 Labs. “Through the integration of wireless power with E Ink’s poster-size displays, C3 can offer digital signage to offices and retail space, eliminating their concerns about wires or frequent charging.”

“Today’s hyper-connected consumers expect seamless, immersive in-store experiences that integrate digital interactions at the point of engagement,” said Jason Elmaleh, CEO, Commersive Solutions. “Partnering with Wi-Charge, we’re combining E Ink displays with wireless power to help retailers deliver timely and impactful messages without relying on costly, hardwired solutions. At Commersive, we’re committed to driving the future of retail through smarter, more dynamic in-store solutions.”

For organizations interested in getting additional information on the E Ink displays powered by Wi-Charge, please contact info@wi-charge.com or visit www.wi-charge.com/wi-poster

About Wi-Charge
Wi-Charge is a long-range wireless power company founded to enable automatic charging of cell phones and other smart devices. Our patented infrared wireless power technology can safely and efficiently deliver several watts of power to client devices over room-sized distances. Giving end-users freedom and product designers the power they need for the next generation of mobile smart devices, Wi-Charge is the power of the future, beyond batteries and power cords. For more information, visit http://www.wi-charge.com or follow us on LinkedIn.

Contact
Merrill Freund
merrill@freundpr.com
415-577-8637

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SOURCE Wi-Charge

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Stratejm Launch First MSSP Offering in Canada Featuring Nozomi Networks Vantage Cloud Platform for Unified Security Monitoring and Risk Management

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TORONTO, Jan. 13, 2025 /CNW/ — Nozomi Networks, a leader in operational technology (OT) and Internet of Things (IoT) cybersecurity, and Stratejm, a Bell Canada Company, Canada’s premier Managed Security Service Provider (MSSP), are excited to announce Stratejm as the first MSSP in Canada to integrate the Nozomi Vantage™ cloud platform. This collaboration brings a breakthrough in comprehensive security monitoring and risk management across OT, IoT, IT, edge, and cloud assets – all unified through a single pane of glass.

Stratejm’s renowned Security-as-a-Service (SECaaS) will now offer customers the Nozomi Vantage platform, which extends security visibility, asset management, and risk assessment across an unlimited number of sites, regions, and teams. With this integration, Stratejm will empower Canadian enterprises to leverage Nozomi’s cutting-edge technology through a scalable and seamless service, enabling advanced vulnerability assessment, threat detection, and response.

“As the first MSSP in Canada to offer the Nozomi Vantage platform, we are thrilled to continue advancing Stratejm’s cybersecurity solutions, now with unparalleled support for OT and IoT environments,” said John Menezes, President & CEO of Stratejm. “Through our Security-as-a-Service platform, we are addressing the expanding digital landscape and meeting Canadian enterprises’ needs for a unified, scalable, and cost-effective security solution.”

The Nozomi Vantage cloud platform provides customers with:

Single Pane of Glass Visibility: A unified dashboard that simplifies security management across OT, IoT, IT, edge, and cloud environments.Enhanced Asset Management: A comprehensive view of all assets across multiple locations to identify and manage critical systems and endpoints.Advanced Threat Detection and Response: Streamlined detection, investigation, and response capabilities across OT, IoT, and IT environments.Integrated Vulnerability Management: Continual assessment of potential vulnerabilities to proactively mitigate risk.

“Partnering with Stratejm to deliver the Nozomi Vantage platform as a managed service is a significant milestone in bringing powerful, real-time security monitoring to Canada’s critical infrastructure and enterprise sectors,” said Cade Stephens, Nozomi Networks Head of Worldwide Partner Sales. “With Stratejm’s extensive cybersecurity expertise and the Vantage platform, Canadian organizations can rely on a trusted, comprehensive solution that meets the demands of today’s complex security landscape.”

Stratejm’s SECaaS offering is recognized for its market-leading approach, powered by advanced automation and rapid time-to-containment capabilities. The Nozomi Vantage platform will further enhance Stratejm’s cybersecurity mesh architecture, providing seamless integration across Guardian sensors, Arc endpoints, and other digital assets.

Stratejm and Nozomi Networks are excited to provide Canadian enterprises with this integrated solution, reinforcing Stratejm’s mission to deliver leading-edge cybersecurity and risk management across all operational environments.

For more information about Stratejm’s Security-as-a-Service platform with the Nozomi Vantage integration, please visit www.stratejm.com or www.nozominetworks.com.

About Nozomi Networks 
Nozomi Networks accelerates digital transformation by unifying cybersecurity visibility and resilience for industrial, OT, and IoT environments. Through advanced network monitoring, asset intelligence, and threat intelligence, Nozomi Networks helps organizations defend critical assets against cyber threats. Nozomi’s solutions are trusted by the world’s largest enterprises across multiple sectors.

About Stratejm
Stratejm, a Bell Canada Company is Canada’s leading MSSP, delivering Security-as-a-Service (SECaaS) and Managed Detection and Response (MDR) solutions tailored to the needs of Canadian enterprises. As a Bell Canada company, Stratejm continues to set the standard for cybersecurity through its integrated mesh architecture and industry-leading automation, enabling rapid threat detection and response across IT, OT, and IoT environments.

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SOURCE Nozomi Networks

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