Technology

SHINE Technologies Showcases FLARE™, the World’s Most Powerful Continuous Fusion Neutron System

Published

4 months ago

July 22, 2024

FLARE enables faster, more comprehensive radiation effects testing to better protect national security, including mission critical components and infrastructure

JANESVILLE, Wis., July 22, 2024 /PRNewswire/ — SHINE Technologies, a next-generation fusion company, will showcase FLARE™, the world’s most powerful continuous fusion neutron system, at the IEEE Nuclear & Space Radiation Effects Conference (NRSEC) and at the Technology of Fusion Energy Meeting (TOFE). FLARE, which stands for “Fusion Linear Accelerator for Radiation Effects,” supports critical applications in aerospace, defense and energy – including fusion research – by providing necessary radiation for advanced testing of electronics and materials. FLARE also supports national security programs by strengthening the survivability of strategic defense systems. It significantly reduces irradiation times to reach test objectives, expanding the defense and aerospace industries’ capacity to test their systems in pursuit of force readiness, sustainability, and new system deployment.

Until now, determining how much radiation our defense systems can withstand before they are disrupted or destroyed has been laborious and time-intensive. The Department of Defense provides a strategic deterrence umbrella for the homeland and to protect deployed forces, allies and partners. However, sensitive microelectronics used in defense systems could be vulnerable to high levels of radiation, whether caused by long-term cumulative effects or single-event, high-energy disturbances. These defense and satellite systems require radiation effects testing to help lessen those risks by examining the reliability of their components before they are deployed in missions.

FLARE can complete tests in hours that would typically take weeks with other test facilities, allowing for shorter development cycles. This allows for faster iteration in developing radiation-hardened components, allowing the US to meet stricter timelines, and rapidly respond to challenges or threats.

FLARE delivers the highest steady-state 14 MeV neutron source in the industry for radiation-hardened microelectronics and fusion component testing. It’s also the brightest steady-state DT fusion neutron source in the world for radiation effects testing. The technology works by using high-energy fusion neutrons produced by nuclear fusion of deuterium with tritium and can produce an unprecedented 50 trillion neutrons per second.

“FLARE will be critical to protecting national security and promoting the safety of our country,” said Greg Piefer, CEO and founder of SHINE. “We’re proud to be at the forefront of advanced radiation effects testing, which will help ensure next-generation defense systems are prepared to operate in challenging environments. At the same time, we’re proving the practical value of our fusion program, and further advancing fusion technology for even bigger roles in defense, healthcare, and clean energy generation.”

SHINE has provided services to Department of Defense, Department of Energy, and Defense Industrial Base customers since August 2023. FLARE is available for continued deployment to government customers, private industry, and multinational companies in the aerospace, defense, infrastructure and energy sectors.

About SHINE:

Headquartered in Janesville, Wisconsin, SHINE Technologies is an industry leader in next-generation fusion, deploying innovative fusion and fusion-based technology that seamlessly combines safety, cost-efficiency, and environmental responsibility.

SHINE’s fusion expertise drives innovation across multiple sectors, from advanced radiation testing for aerospace and defense to medical isotope production and sustainable energy solutions. Simultaneously, SHINE is pioneering solutions in healthcare, producing essential medical isotopes like lutetium-177 and soon, molybdenum-99 for diagnostic and therapeutic use.

Looking to the future, SHINE is leveraging its fusion knowledge to tackle complex energy challenges, including the potential for nuclear waste recycling and clean energy generation. With this comprehensive approach, SHINE continues to push the boundaries of fusion technology, driving advancements that promise to create a safer, healthier, and more sustainable world.

https://www.shinefusion.com/flare

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SOURCE SHINE Technologies, LLC

Technology

Activeport Secures $4 Million in Strategic Licence Agreement with Radian Arc

Published

22 seconds ago

November 17, 2024

SYDNEY, Nov. 18, 2024 /PRNewswire/ — Activeport Group Ltd (ASX:ATV) has sealed a $4 million perpetual licence agreement with Radian Arc Limited for Activeport’s cutting-edge cloud gaming software.

Highlights

Radian Arc will pay $4 Million for a perpetual licence of Activeport’s cloud gaming orchestration software.Radian Arc will continue enhancing this software to address its global Telco market requirements. The companies will continue to work together from a business development perspective across cloud gaming, AI and network orchestration in the Telco sector.

With this latest licence deal coming quickly on the back of the recent Rights issue, Activeport is now fully capitalised and ready to accelerate its recurring revenue growth from network orchestration licences and SaaS for Telco’s and data centres.

This licence deal highlights the value Activeport’s engineering expertise in bare-metal orchestration. The software developed for Radian Arc uses AMD CPU, GPU and encoder ASICs to deliver high performance, low-cost game streaming on distributed servers at scale and is being deployed to more than 80 Telco’s globally to deliver cloud gaming across their 5G networks.

Activeport Chairman and CEO Peter Christie commented “We are proud to have developed a world-class platform for the emerging cloud gaming industry. As the gaming experience evolves from consoles and PCs to the Cloud, Radian Arc will be there to catch a significant portion of that market with our software”

Radian Arc CEO David Cook says “Activeport’s software engineering expertise was instrumental in facilitating Radian Arc’s launch into Cloud Gaming. We’re now at a point where we feel comfortable taking the development tasks in-house and broadening our focus into virtual computing and AI applications”.

About Activeport

Headquartered in Australia, Activeport develops automation software and customer self-service portals for global telecommunication providers. The Activeport product suite enables network automation, minimising operational costs, accelerating ‘time to revenue; and improving customer experience.

For more information: https://www.activeport.com.au

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SOURCE ActivePort

Technology

EQT sets hard cap for EQT Private Capital Asia’s BPEA IX at USD 14.5 billion

Published

1 hour ago

November 17, 2024

THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 6:00 PM CET ON 17 NOVEMBER 2024.

STOCKHOLM, Nov. 17, 2024 /PRNewswire/ — EQT has today set the hard cap for investor commitments of USD 14.5 billion for EQT Private Capital Asia’s BPEA Private Equity Fund IX (“BPEA IX”). A hard cap refers to an upper limit on the amount of investor commitments accepted as part of the fund. The actual fund size is dependent on the outcome of the fundraising process. As previously communicated, the target fund size for BPEA IX is USD 12.5 billion.

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of BPEA IX will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

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

https://news.cision.com/eqt/r/eqt-sets-hard-cap-for-eqt-private-capital-asia-s-bpea-ix-at-usd-14-5-billion,c4067544

The following files are available for download:

https://mb.cision.com/Main/87/4067544/3118360.pdf

EQT AB – BPEA IX Press release

https://news.cision.com/eqt/i/eqt-ab-group,c3352566

EQT AB Group

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Technology

NTQ Korea Celebrates 5 Years: Empowering Korean Competitiveness Through Global Collaboration

Published

1 hour ago

November 17, 2024

SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ — After 5 years of establishment in Korea, NTQ Korea has gained significant positions thanks to a dedication to raising Korean businesses’ competitiveness through its pioneering Global Collaboration model.

On 14th November, NTQ Korea celebrated its fifth anniversary in Seoul, hosting esteemed clients and partners in a special ceremony that highlighted the company’s journey from a small venture to becoming a trusted partner for numerous major South Korean companies across various industries.

The secret behind NTQ Korea’s remarkable success lies in its strategy to focus on multiple dimensions of business development. Aside from a sole focus on tech service offerings, NTQ Korea stands out for its unique Global Collaboration strategy, which has been instrumental in helping South Korean businesses unlock new opportunities in emerging markets like Vietnam and beyond.

Global Collaboration – NTQ Korea’s Approach To Leverage Korean Businesses In The Competitive Landscape

As part of maintaining its position as a global innovation leader, South Korea has actively expanded ICT collaboration with countries worldwide to strengthen its supply chain networks. Vietnam, one of the nations that has a strategic partnership with South Korea, has contributed significantly to this strategy.

“Realizing the needs for globalization of Korean businesses and the long-lasting bilateral relation between Vietnam & Korea, NTQ Korea chooses to foster service offerings & business development strategy around the “Global Collaboration” – A model that enables NTQ to build sustainable partnership values with clients”, said Mr. Pham Thai Son, CEO of NTQ Solution.

As the name suggests, “Global Collaboration” is NTQ Korea’s unique strategy model that aims to enhance clients’ capabilities to enter global markets through digital transformation. NTQ’s Global Collaboration consists of two critical objectives: leveraging clients’ competitiveness in the Korean market and committing to accompany clients on their journey to expand business globally.

Dedicated resources of more than 1300 employees globally, diverse tech stack capabilities & global experiences are the solid foundation of NTQ Korea’s Global Collaboration. NTQ Korea acts as an IT Service Provider, while providing a powerful source of technical expertise, know-how & experiences that allow clients to access markets where NTQ has a presence, including Vietnam, Japan, the US, Europe, Hong Kong, and many other countries/regions.

“With the help of NTQ’s tech powerhouse and global experiences, Korean clients will both achieve global expansion goals and strengthen their competitive edge in the domestic market at the same time”, said Mr. Pham Thai Son, CEO of NTQ Solution.

To effectively execute its Global Collaboration strategy, NTQ Korea employs: (1) a Global Development Center (GDC) model with advanced workforce management, developing dedicated IT resources that support Korean enterprises’ growth, (2) end-to-end services combining hardware and software to bring clients’ solutions to life, meeting diverse global demands, and (3) emerging technologies like up-trending GenAI and Blockchain, providing solutions that enhance Korean companies’ competitiveness, boosting growth through improved productivity, communication, and learning efficiency. These innovations address Korean businesses’ evolving needs, creating a robust foundation for sustainable international expansion.

Ready For A Greater Leap!

The resilience towards Global Collaboration has contributed to NTQ Korea’s remarkable achievements in both service development and market expansions. Looking ahead, NTQ Korea is pursuing a 5-year strategy toward future growth. This includes the goals of achieving 100 employees in Korea, deploying GDCs with 2000 – 3000 dedicated talents specialized for the Korean market, and granting top positions in the Korean ICT Market.

Along with other global subsidiaries, NTQ Korea is striving for the NTQ Solution’s 2026 goals, including 3000 employees milestones, $100M in revenues & achieving the Top 5 IT company in Vietnam!

About NTQ Korea: NTQ Korea is one of the international branches of NTQ Solution, a Global IT Service Provider with more than 13 years of experience in harnessing digital transformation for businesses worldwide. Founded in 2019, NTQ Korea has become a trusted IT partner of leading Korean companies, contributing to leveraging the position of Vietnam’s ICT competency in the market.

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SOURCE NTQ Solution