HONG KONG, May 10, 2025 /PRNewswire/ — HOOKII, the robotic lawn care brand, announces the successful completion of its Kickstarter campaign for the Neomow X Series. The product is now commercially available across worldwide just in time for the peak mowing season.

Launched in August 2023, the Neomow X Series quickly captured global attention with its 3D LiDAR SLAM and vision fusion navigation system, wire-free setup without RTK, and intelligent obstacle avoidance. As the first to combine 3D LiDAR and vision-based technologies in robotic lawn care, HOOKII sets a new benchmark for precision and reliability.

In 2025, HOOKII successfully delivered 1,361 Kickstarter orders with a 99.6% completion rate across 30 countries and regions, including Germany, the United States, France, Sweden, and Denmark. The campaign raised over €2.1 million. Early feedback shows that more than 94% of HOOKII’s crowdfunding users gave positive responses to the overall product experience, with 75.1% expressing high satisfaction. Additionally, 95% praised the ease of installation, and 96% gave positive feedback on mowing performance.

With crowdfunding milestones achieved, HOOKII now launches the Neomow X Series to broader markets through its official website. The lineup includes:

Neomow X for lawns up to 4,000㎡Neomow X Pro for lawns up to 6,000㎡

Neomow X is transforming mow routines globally:

“Revolutionary! My garden was mapped in 20 minutes with no pre-cut needed. Neomow X never gets stuck, handles no-go zones, and I’m in love.”
— Marco V., Germany

“Easy setup and as a bonus, the neighborhood cats stay away! My lawn has never looked better.”
— Sofia M., France

“This mower is quiet, efficient, and leaves perfect stripes—even on 1000m² lawns. Setup was easy, running 3 times a week in Ireland.”
— Patrick L., Ireland

Unlike traditional robotic mowers with perimeter wires, Neomow X offers a fully wireless setup without an RTK station, featuring:

Plug-and-play installation3D LiDAR SLAM navigationTriple obstacle avoidance systemLow noiseSmart app control2-year warranty

As demand for smarter lawn care solutions rises, HOOKII is committed to delivering cutting-edge, efficient technologies that transform everyday outdoor living.

About HOOKII

HOOKII, founded in 2022 by experts in robotics and drones, makes smart lawn care accessible, bringing innovation and convenience to users worldwide.

Follow us on Facebook, Instagram, and YouTube.

www.hookii.com

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BARCELONA, Spain, May 10, 2025 /PRNewswire/ — Luohu, a central district of Shenzhen, one of China’s most dynamic city economies, organized an economic and trade promotion meeting in Barcelona on May 8th.

This event brought together officials and business representatives from both regions, facilitating deeper exchanges on technological innovation, sustainable development, and cross-border investments, while jointly exploring new avenues for expanding bilateral cooperation.

Participants at the meeting commended the strong momentum in Sino-Spanish relations and the vast potential for bilateral collaboration, rooted in the economic complementarity between the two nations and their shared commitment to free trade and economic globalization.

Luohu is committed to promoting consumption, the growth of the service sector, and integrated development with neighboring Hong Kong. The district aims to strengthen cooperation with Barcelona, Spain’s largest industrial and commercial city, in areas such as the digital economy, smart cities, jewelry exhibitions, and cultural tourism.

Officials from Luohu highlighted the advantages of the district, including its position as the earliest developed area and central urban area of Shenzhen with a strategic location advantage connecting the world, an internationally top-tier business environment, and highly promising development prospects, offering vast potential for cooperation between the two parties.

Statistics show that the trade volume between Shenzhen and Spain surpassed $28.71 billion last year, with direct air routes connecting the two cities since they established a sister city relationship in 2021.

“The supercomputing center in Barcelona and the innovative initiatives in Valencia’s sustainable city are both valuable models for us to learn from,” said Luohu’s investment promotion officer. “Our collaboration in cutting-edge technology, urban development, and port logistics is thriving. There is immense potential for cooperation in the digital economy, high-end manufacturing, and fashion consumption.”

Acknowledging Shenzhen’s significance in the world’s second-largest economy, the Spanish side not only echoed Luohu’s invitation to Spanish companies but also welcomed investments from Shenzhen-based enterprises in Barcelona.

Officials from Barcelona encouraged investment from Shenzhen, particularly in technology parks, green projects, and cultural creativity, promoting mutual investment and industrial integration between the two cities.

The Association of Small and Medium Enterprises of Spain (PIMEC) suggests establishing an institutionalized platform, such as creating the “Luohu-Barcelona Small and Medium Enterprise Cooperation Platform,” to facilitate mutual investment, technological cooperation, and joint research and development among small and medium enterprises.

They also propose encouraging transparent information exchange on policies, regulations, taxation, and registration procedures, as well as promoting collaboration between universities, research centers, and businesses.

The event witnessed the signing of memoranda of understanding on cooperation between Luohu and Barcelona, as well as enthusiastic exchanges between entrepreneurs and officials from both sides. This has laid a solid foundation for deeper collaboration between the two parties in the future.

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KISTA, Sweden, May 10, 2025 /PRNewswire/ — Sivers Semiconductors AB (STO:SIVE), a global leader in photonics and wireless technologies, today announced the successful renewal of its debt financing, securing a new three-year term loan with annual refinancing capability. The agreement is in partnership with a U.S. headquartered bank and marks a significant step in the company’s ongoing growth and financial strategy.

The new loan will facilitate refinancing of the company’s existing debt, which was previously scheduled to mature in May 2025. This renewal provides substantially better terms, enhanced financial flexibility and supports Sivers’ ongoing strategic focus and market objectives.

“We are pleased to have established a long-term partnership for our debt financing strategy and working capital needs,” said Vickram Vathulya, CEO of Sivers Semiconductors. “We have secured attractive terms and have aligned interests as we pursue exciting growth opportunities for Sivers’ wireless and photonics businesses.”

In connection with the new loan agreement, the company will issue 3,318,029 warrants to the lender at a subscription price of SEK 4.53 per share. The warrants have a term of five years, providing additional potential for capital raising and aligning the interests of stakeholders with the company’s long-term growth.

This refinancing strengthens the company’s capital structure and underlines the confidence financial institutions have in Sivers’ long-term vision and performance.

For more information, please visit: https://www.sivers-semiconductors.com/.

Media Contact      
Tyler Weiland     
Shelton Group    
Tel: +1-972-571-7834    
tweiland@sheltongroup.com   

Company Contact
Vickram Vathulya
CEO
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com. 

This disclosure contains insider information that Sivers Semiconductors is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the contact person set out, on May 10, 2025 at 12:00 CET.

Sivers Semiconductors AB

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

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SOURCE Sivers Semiconductors