Technology

Aptos Orbital Announces Official Launch of Powerful AI Satellite Platform

Published

2 hours ago

October 22, 2024

Named as first AWS compute partner in space; $100 million in customer commitments secured

PALO ALTO, Calif., Oct. 22, 2024 /PRNewswire/ — Aptos Orbital, the company developing an all-in-one artificial intelligence device for satellites, today announced the launch of its new platform, which aims to transform satellite intelligence and communication capabilities. The Aptos terminal is a low size weight and power (SWAP) device for satellites that combines proprietary space-hardened processing, connectivity, and cloud services. Leveraging Aptos’s technology, satellites are capable of running powerful artificial intelligence (AI) on orbit and transmitting real-time intelligence to the cloud on Earth.

“Today’s satellites are siloed from modern cloud environments, hampered by the lack of onboard compute power, and have multi-hour coverage gaps. At Aptos Orbital, we are changing that,” said Yonatan Winetruab, founder of Aptos. “Our goal is to make satellites as intelligent and accessible as any computer on Earth. By putting AI onboard, we can process live satellite data at the source and transmit the processed, actionable information back to Earth.”

Satellites use ground stations to communicate, making them unreachable for hours and often disrupting operations during communication. Aptos connects anywhere, through any weather conditions, without the need for any communication operations—providing more persistent communication with satellites. Aptos’ onboard computing allows satellites to process and send valuable data, and its cloud connectivity allows customers to interact with satellites in space as easily as a computer on Earth. The terminals can deploy ground cloud services directly to the satellites making them agile orbital nodes for earthbound networks.

Amazon Web Services (AWS) was also named as the first and only partner providing cloud services for Aptos Orbital hardware in space. AWS will bring cloud services and advanced computing capabilities to space and enable innovation to transform industries on Earth and beyond.

The Aptos terminals have been on orbit for more than five years cumulatively, demonstrating the company’s early success in flight heritage. From design to orbit in less than six months, Aptos has already launched and operationalized its production, with dozens of new units launching this year. Aptos also revealed it has secured eight customers representing more than $100 million in commitments. Current customers include ThinkOrbital and some of the most reputable satellite companies.

“Aptos has been a great partner with ThinkOrbital and is set to revolutionize our on-orbit servicing and space domain awareness operations. Their cutting-edge technology, designed for the demanding conditions of space, provides real-time cloud access and on-orbit processing capabilities. This empowers us to execute critical tasks with unprecedented precision and efficiency,” said Colonel Lee Rosen (USAF, Ret.), co-founder and CEO of ThinkOrbital Inc. “This breakthrough solution is transforming our ability to monitor and control critical processes, ensuring the highest quality and reliability of our operations.”

Looking ahead, Aptos will expand into an orbital platform with a constellation of more than 1,000 diverse satellites using the platform by 2030, to connect satellite operators with the rapidly expanding market for satellite data, and to give any developer on earth the power of satellites in space

About Aptos Orbital
Aptos Orbital is developing a low size weight and power (SWAP) device for satellites that combines space-hardened processing, connectivity, and cloud services. The Aptos terminal enables the running of powerful artificial intelligence (AI) in orbit and transmitting real-time intelligence to the cloud on Earth. Learn more about Aptos Orbital at: https://aptosorbital.com/

Media contact:
Nickell Communications for Aptos:
aubrey@nickellcommunications.com

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SOURCE Aptos Orbital

Technology

Strengthening Municipal Bond Trading Efficiency: True Market and PIMCO

Published

54 mins ago

October 22, 2024

DETROIT, Oct. 22, 2024 /PRNewswire/ — True Market, a pioneer of financial technology, today announced a strategic collaboration with PIMCO, a global investment management firm, leveraging True Market’s advanced virtual private ATS technology and Software as a Service (SaaS) solutions.

By integrating True Market’s sophisticated platform-as-a-service (PaaS) solution, PIMCO aims to significantly enhance workflow optimization for municipal bonds in an effort to address the evolving needs of the marketplace.

“PIMCO recognizes the critical importance of performance and workflow optimization and is continually seeking innovative technology to improve efficiency,” said David Hammer, Managing Director and Head of Municipal Bond Portfolio Management at PIMCO. “We are thrilled to partner with True Market, whose solution will help us provide this greater efficiency for municipal bond clients and partners.”

Charles Almond, CEO of True Market, expressed his enthusiasm: “We are delighted to collaborate with PIMCO to enhance their municipal trading operations. This partnership underscores our commitment to helping PIMCO maintain and build upon their leadership in the field.”

Aligning True Market’s innovations solving aggregation of real-time cutting-edge data and liquidity with PIMCO’s objectives sets a new benchmark in financial technology solutions. This partnership emphasizes True Market’s commitment to strengthen asset management practices, which support PIMCO’s key position as a leader in the market.

About True Market
True Market is a forward-thinking player in the financial technology sector, specializing in unified fixed income trading markets and bespoke workflow solutions. With a stronghold in technological advancements, the company continues to drive progress in asset management through industry-leading solutions.

For Information on True Market:

Website:

https://true.market

Email:

info@truemarketllc.com

General Phone:

(866) 644-5611

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SOURCE True Market

Technology

ActivTrak to Speak on Boosting Productivity and Performance with Workforce Analytics at the 2024 Gartner® ReimagineHR Conference

Published

54 mins ago

October 22, 2024

AUSTIN, Texas, Oct. 22, 2024 /PRNewswire/ — ActivTrak today announced that Chief Product Officer Javier Aldrete will present a session on workforce analytics at the 2024 Gartner® ReimagineHR Conference, the HR conference for CHROs and their leadership teams, to be held Oct. 28-30 in Orlando.

WHAT:

Theater Session: How to Boost Productivity and Performance with Workforce Analytics

HR leaders face growing questions about the ROI of workforce investments, yet too many don’t have the data to understand and optimize how distributed, digital teams work. In this session, HR leaders will learn how to use workforce analytics to boost employee productivity and engagement, optimize performance, and make informed investment decisions. Real-world case studies will illustrate the impact of data-informed coaching and the integration of people analytics with other business data.

WHO:

Javier Aldrete, Chief Product Officer, ActivTrak

WHERE:

Gartner ReimagineHR Conference

WHEN:

Wed., Oct. 30, 2024
10:00 – 10:20 a.m. EDT

CONTACT:

ActivTrak will demo its workforce analytics platform at booth #119.

About the Gartner ReimagineHR Conference
The Gartner ReimagineHR Conference is the premier event for CHROs and HR leaders to learn from the latest research and Gartner experts covering talent acquisition, diversity, equity and inclusion, learning and development, total rewards, talent analytics, and HR technology. Gartner ReimagineHR will be held October 28-30 in Orlando, Florida. Follow news and updates from these events on Twitter using #GartnerHR.

About ActivTrak
ActivTrak helps organizations improve performance and optimize productivity. Our workforce intelligence platform transforms work activity data into actionable insights, providing the only complete solution with employee monitoring, productivity and performance management, and workforce planning capabilities that deliver measurable ROI. More than 9,500 customers trust ActivTrak’s award-winning technology which has been recognized by the Deloitte Technology Fast 500, Inc. 5000, TrustRadius and G2. ActivTrak is backed by Sapphire Ventures and Elsewhere Partners. To learn more visit: https://www.activtrak.com/.

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SOURCE ActivTrak

Technology

EQT AB hosts Capital Markets Event in New York

Published

54 mins ago

October 22, 2024

STOCKHOLM, Oct. 22, 2024 /PRNewswire/ — Today, EQT hosts its first Capital Markets Event in New York. In the five years since EQT’s listing on Nasdaq Stockholm, EQT has quadrupled revenues and had a fivefold increase in market cap to USD ~40 billion.

The event will feature presentations by EQT’s CEO Christian Sinding, members of the Executive Committee, the Heads of Private Equity and Infrastructure North America, the Global Head of Real Estate and Client Relations & Capital Raising. Presentations will cover EQT’s long-term growth priorities, thematic investment focus, repeatable approach to value creation, EQT’s view on the future of private markets, and EQT’s US ambitions.

Presentations and Q&A will begin at 10:00 AM ET. The event will conclude with a fireside chat between EQT Founder and Chair Conni Jonsson and Bloomberg TV Anchor Dani Burger followed by lunch.

The event will be held in person only. A presentation is available on the EQT Group website’s Shareholder Relations tab and a recording will be available after the event.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
Mathilde Milch, Communications Director, +1 917 510 66 26

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

https://news.cision.com/eqt/r/eqt-ab-hosts-capital-markets-event-in-new-york,c4054491

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