MONTREAL, Nov. 29, 2024 /PRNewswire/ – Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) (“Lightspeed”), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced its participation in the Redburn Atlantic 2024 CEO Conference.

The webcast and replay will be accessible at the scheduled presentation time on Lightspeed’s investor relations website at investors.lightspeedhq.com and on-demand for 90 days. Details for the event are as follows:

Redburn Atlantic 2024 CEO Conference
Speaker: Dax Dasilva, Founder and Chief Executive Officer  
Date: Wednesday, December 4, 2024
Time: 9:00 am ET
Location: Virtual
Webcast: https://wsw.com/webcast/redburn8/lspd/2174526

About Lightspeed
Powering the businesses that are the backbone of the global economy, Lightspeed’s one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional omnichannel customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

For more information, please visit: www.lightspeedhq.com
On social media: LinkedIn, Facebook, Instagram, YouTube, and X (formerly Twitter)

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SOURCE Lightspeed Commerce Inc.

TORONTO, Nov. 29, 2024 /CNW/ – Evolve Funds Group Inc. (“Evolve”) announces the estimated special year end cash income and non-cash notional reinvested income and capital gains distribution per unit (the “Distributions”) for certain Funds (the “Evolve Funds”) for the 2024 tax year.

These estimates are for the annual cash income and non-cash capital gains and income distributions. Non-cash capital gains and income distributions are typically reinvested in additional units of the respective Funds at the year-end, and do not include estimates of ongoing monthly or quarterly cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution. The reinvestment and immediate consolidation of additional units will result in an increase in the adjusted cost base of units outstanding.

Evolve’s estimates of cash income and non-cash capital gain and income distributions are for information purposes only, to aid with year-end tax and investment planning. These estimates are based on both preliminary and forward-looking information. Actual distributions may differ significantly from the estimates and some of the Funds may pay distributions above or below these estimated ranges, and Funds not currently expected to pay could be required to do so. These estimates are not intended to be used as tax advice. Because each investor’s tax situation is unique, a qualified tax advisor should be consulted.

Evolve expects to announce the final annual cash and reinvested distribution amounts on or about December 31, 2024 for all Evolve Funds with record date of December 31, 2024. The actual taxable amounts of cash and reinvested distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2025.

The estimates are as of October 31, 2024 and could change due to events that occur between the date of these estimates and the date of the Funds’ taxation year end of December 31, 2024 for the High Interest Savings Account Fund, US High Interest Savings Account Fund, Premium Cash Management Fund and US Premium Cash Management Fund and of December 15, 2024 for all other Evolve Funds, and due to a number of factors.  These events and factors may include the following: 

The full measurement period is not captured by these estimates.Portfolio trading and market movements over the next several weeks.Estimates are indicated on a per-share basis. Changes in the number of shares outstanding can have a significant impact on these estimates.These estimates do not reflect all required tax adjustments. Certain tax adjustments are based on market value at a point in time and, therefore, cannot be estimated. Actual distribution amounts will be affected by all required tax adjustments and may be substantially different from these estimates.The period for the Funds’ taxation year may not correspond with the Funds’ fiscal year. This misalignment can have an impact on the amounts distributed and their tax characteristics.

To estimate the dollar value of a distribution for a Fund, multiply the Fund’s total per-share distribution estimate by the number of shares owned.

Distributions for the Funds will vary from period to period.  For further information regarding the Distributions, please visit www.evolveetfs.com

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to ETFs. Investors may incur customary brokerage commissions in buying or selling ETF units. Please read the prospectus before investing.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

About Evolve Funds Group Inc.

With over $7.5 billion in assets under management, Evolve is one of Canada’s fastest growing ETF providers since launching its first ETF in September 2017. Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; and (iii) some of the world’s leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference.  For more information, please visit www.evolveetfs.com. 

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The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by the Evolve Funds. S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). It is not possible to invest directly in an index. The Evolve Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Evolve Funds or any member of the public regarding the advisability of investing in securities generally or in the Evolve Funds particularly or the ability of the S&P 500® Index and the S&P/TSX 60 Index to track general market performance.  Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices’ only relationship to the Evolve Funds with respect to the S&P 500® Index and the S&P/TSX 60 Index is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors.  The S&P 500® Index and the S&P/TSX 60 Index are determined, composed and calculated by S&P Dow Jones Indices without regard to the Evolve Funds.  S&P Dow Jpones Indices have no obligation to take the needs of the Evolve Funds or the owners of the Evolve Funds into consideration in determining, composing or calculating the S&P 500® Index and the S&P/TSX 60 Index. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Evolve Funds. There is no assurance that investment products based on the S&P 500® Index or the S&P/TSX 60 Index will accurately track index performance or provide positive investment returns.  S&P Dow Jones Indices LLC is not an “investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter” (as defined in the Investment Company Act of 1940, as amended), “expert” as enumerated within 15 U.S.C. s. 77k(a) or tax advisor.  Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice.  

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO.  S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN.  S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS, THE OWNERS OF THE EVOLVE FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO.  WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE.  S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

SOURCE Evolve ETFs

NEW YORK, Nov. 29, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global photonics market  size is estimated to grow by USD 321.9 Billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.45%  during the forecast period. Reduction in transmission costs and scalability beyond 400g is driving market growth, with a trend towards emergence of optical data centers. However, availability of substitute technologies  poses a challenge.Key market players include AIO Core Co. Ltd., ams OSRAM AG, Ayar Labs Inc., Carl Zeiss AG, Corning Inc., Hamamatsu Photonics KK, II VI Inc., Infinera Corp., Innolume GmbH, Intel Corp., International Business Machines Corp., IPG Photonics Corp., Koch Industries Inc., NKT Photonics AS, Nokia Corp., OSCPS Motion Sensing Inc, Polatis Inc., RANVOUS Inc., Sicoya GmbH, and TRUMPF SE Co. KG.

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Key Market Trends Fueling Growth

The Photonics Market is experiencing significant growth, particularly in sectors like Healthcare, Information Technology, and Telecommunication. Light-based technology, including Lidar, 3D printing, and laser technology, are trending in industries such as Biotechnology, Biomedical Engineering, and Machine Vision Technology. In Healthcare, non-invasive procedures using medical lasers and OCT scanning are revolutionizing Women’s Health. Photonics plays a crucial role in 5G deployment with fiber optic cables and photonic integrated circuits. Economic growth is driven by photonics-based computing and data traffic in cloud-based services. Environmental considerations are important, with photonics-based devices offering energy efficiency, material waste reduction, and solar energy solutions. Strategic activities include defense operations, imaging systems for target acquisition, and photonics applications in aerospace, energy, and broadcasting. Companies like Hamamatsu Photonics, Celestial AI, and Corning are leading the way in this dynamic market. Competitive insights reveal opportunities in biometric identification, surveillance systems, and quantum computing. 

The data center market has experienced significant expansion due to the increasing popularity of cloud applications and big data analytics. Modern data centers consist of numerous servers, necessitating a large and efficient interconnection network. Wavelength Division Multiplexing (WDM) in optical technology offers terabit data transmission capabilities for such networks. Optical switching, an essential component of photonics, enables fast and energy-efficient intra-data center switching. The photonics industry is crucial in realizing ultra-high-speed optical switches. Disaggregation, a common practice, separates networking, storage, and power resources into modular racks, ensuring each server has its dedicated resources. 

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Market Challenges

The Photonics market encompasses various applications of light-based technology, including healthcare, information technology, and industrial sectors. Challenges in these areas include the development of non-invasive healthcare solutions using medical lasers and imaging technologies like OCT scanning for women’s health. In the information technology sector, the deployment of 5G networks and fiber optic cables require photonics-based solutions for data traffic management and cloud-based services. In the industrial sector, Lidar, 3D printing, and optical scanning systems are essential for industries like aerospace, energy, and manufacturing. The use of photonics in biotechnology and biomedical engineering is driving innovation in areas like machine vision technology and additive manufacturing processes. Environmental regulations and toxic chemicals pose challenges in photonics applications, necessitating the development of energy-efficient and environmentally friendly photonics-based devices. The market also includes applications in solar energy, sensors, defense operations, and imaging systems for target acquisition. Key players in the Photonics market include Hamamatsu Photonics, Celestial AI, and Corning. Strategic activities and competitive insights are crucial for businesses looking to capitalize on the economic growth opportunities in this sector. Photonics-based computing, fiber optic technology, and quantum computing are emerging areas of interest.Photonics, a technology that deals with the generation, manipulation, and detection of light, holds significant potential in various industries. However, its large-scale adoption can be challenged by alternatives like Vertical-Cavity Surface-Emitting Lasers (VCSELs). VCSELs are specialized laser diodes, currently utilized in fiber optic communications. They offer advantages such as increased efficiency and higher data transfer rates. During production, VCSELs enable process control and quality checks. Unlike edge-emitter lasers, VCSELs emit light perpendicularly, providing an edge in applications. Despite labor-intensive and material-intensive manufacturing, the predictable yield makes them a valuable investment for communication networks.

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Segment Overview 

This photonics market report extensively covers market segmentation by

Application 1.1 Consumer electronics1.2 Displays1.3 Safety and defense technology1.4 Medical and healthcare1.5 OthersProduct 2.1 WDM filters2.2 Optical modulators2.3 Optical interconnects2.4 Photo detectors2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Consumer electronics-  Photonics technology plays a crucial role in the consumer electronics industry, driving innovation in areas such as high-resolution screens and energy-efficient lighting. In the realm of displays, photonics enables the production of advanced screens for smartphones, tablets, and TVs through innovations in laser technology, such as ultrafast lasers. These advancements are essential for meeting the complex and precise manufacturing requirements of high-definition flat screens. Moreover, photonics is revolutionizing the lighting industry through the development of LED technology. LEDs consume significantly less energy than traditional lighting sources, making them a cost-effective and sustainable option. The display industry has seen the emergence of organic LEDs (OLEDs) and organic active-matrix LEDs (AMOLEDs), which offer superior image quality and energy efficiency at lower manufacturing costs. Photonics also lays the groundwork for intelligent digital lighting solutions. These systems adjust light output based on ambient conditions and the presence of people, potentially saving up to 70% in power consumption. Additionally, LiFi, a wireless communication technology that uses light to transmit data, offers advantages such as high-bandwidth channels, safety in electromagnetic interference areas, and higher transmission speeds. The consumer electronics segment dominates the global photonics market and is expected to continue doing so during the forecast period. The potential applications of photonics in consumer electronics, lighting, and communication technologies make it a significant contributor to the market’s growth.

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Research Analysis

The photonics market encompasses a diverse range of light-based technologies that are revolutionizing various industries. In healthcare, photonics is driving advancements in non-invasive diagnostics and treatments through medical lasers, OCT scanning, and women’s health applications. In the information sector, photonics is powering high-speed data transmission through fiber optic cables and enabling 5G deployment. Photonics is also transforming industries such as energy with solar energy concentration, biometric identification, and environmental monitoring. Light-based technology is essential in 3D printing, Lidar, and optical scanning systems for accurate and efficient manufacturing processes. In the field of quantum computing, photonics is enabling the development of faster and more powerful computers. Moreover, photonics is crucial in the semiconductor fabrication industry for precision manufacturing and in military applications for surveillance systems and toxic chemical detection. The market is also witnessing significant growth in the area of spectroscopy for material analysis and in the deployment of laser technology for energy efficiency and industrial processes. Environmental regulations are driving the demand for photonics in monitoring and controlling toxic chemicals, making it an essential technology for sustainable development.

Market Research Overview

Photonics, the science of generating, controlling, and detecting light, is revolutionizing various industries with its innovative applications. From Healthcare to Information Technology, light-based technology is making a significant impact. Lidar, 3D printing, and laser technology are transforming industries like Aerospace, Energy, and Biotechnology. In Healthcare, non-invasive procedures using medical lasers and imaging solutions like OCT scanning are improving Women’s health. Photonics is also driving economic growth in Biomedical engineering, Machine vision technology, and Additive manufacturing processes. In Telecommunication, fiber optic technology is enabling 5G deployment, data traffic management, and cloud-based services. Environmental considerations are also driving the adoption of photonics-based devices for energy efficiency, material waste reduction, and solar energy solutions. Strategic activities and competitive insights are shaping the future of photonics in Defense operations, Quantum computing, and Photonic integrated circuits. Companies are investing in photonics-based applications in Imaging systems, Target acquisition, and Broadcasting, among others.

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationConsumer ElectronicsDisplaysSafety And Defense TechnologyMedical And HealthcareOthersProductWDM FiltersOptical ModulatorsOptical InterconnectsPhoto DetectorsOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio