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Aspen Aerogels Reaches Settlement with AMA to Resolve Patent Case

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NORTHBOROUGH, Mass., Jan. 28, 2025 /PRNewswire/ — Aspen Aerogels, Inc. (NYSE: ASPN) (“Aspen“), a leading innovator and global leader in aerogel technology and high-performance aerogel insulation solutions, announced today that it has reached an agreement to resolve its patent dispute with AMA S.p.A. and AMA Composites S.r.l. (collectively, “AMA”) before the Court of Genoa, Italy. This settlement concludes Aspen’s legal action against AMA regarding the unauthorized sale of infringing aerogel insulation materials in Europe.

“We are pleased to have reached a settlement with AMA that recognizes the years of innovation Aspen Aerogels has dedicated to developing industry-leading, high-performance insulation solutions,” said Keith Schilling, SVP of Technology at Aspen Aerogels. “We maintain our commitment to protecting our intellectual property rights worldwide and to promoting fair and lawful competition in the marketplace.”

Aspen remains dedicated to advancing energy-efficient solutions through continuous innovation. The company will continue to take appropriate measures to safeguard its intellectual property and support fair practices within the industry.

About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability and electrification solutions. The Company’s aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen’s PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle (“EV”) market. The Company’s carbon aerogel initiative seeks to increase the performance of lithium-ion battery cells to enable EV manufacturers to reduce charging time and the cost of EVs. The Company’s Cryogel® and Pyrogel® products are valued by the world’s largest energy infrastructure companies. Aspen’s strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform® into additional high-value markets. Aspen is headquartered in Northborough, Mass. For more information, please visit www.aerogel.com.

Special Note Regarding Forward-Looking and Cautionary Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. These statements are not historical facts but rather are based on Aspen’s current expectations, estimates and projections regarding Aspen’s business, operations and other factors relating thereto. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “outlook,” and similar expressions are used to identify these forward-looking statements. Such forward-looking statements include statements regarding, among other things: (i) beliefs about the outcome of any patent enforcement or appeals process in connection with such patent enforcement action; (ii) beliefs about Aspen’s intellectual property and technology strategy and its implementation; (iii) beliefs about Aspen’s aerogel technology platform and resulting commercial opportunities; (iv) beliefs about Aspen’s plans or intentions to take patent enforcement actions; and (v) expectations about the cost, timing or likelihood of success of Aspen’s patent enforcement actions and validity challenges.  All such forward-looking statements are based on management’s present expectations and are subject to certain factors, risks and uncertainties that may cause actual results, outcome of events, timing and performance to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, the risk factors discussed under the heading “Risk Factors” contained in our Annual Report on Form 10-K for the year ended December 31, 2023 and filed with the Securities and Exchange Commission (“SEC”) on March 7, 2024, as well as any updates to those risk factors filed from time to time in our subsequent periodic and current reports filed with the SEC. All statements contained in this press release are made only as of the date of this press release, and Aspen does not intend to update this information unless required by law.

View original content:https://www.prnewswire.com/news-releases/aspen-aerogels-reaches-settlement-with-ama-to-resolve-patent-case-302362634.html

SOURCE Aspen Aerogels, Inc.

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MediaGo Achieves GDPR Compliance Validation for 2025, Demonstrating Commitment to User Data Privacy and Security

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SAN FRANCISCO, Feb. 3, 2025 /PRNewswire/ — MediaGo, the leading deep learning-based intelligent advertising platform, announced that it had received General Data Protection Regulation (GDPR) 2025 compliance validation from TrustArc. This authoritative third-party certification demonstrates MediaGo’s strong commitment to data security and protection, as well as its unwavering dedication to upholding the highest standards of data privacy.

With its outstanding performance in data collection and processing, standards implementation, and compliance argumentation, MediaGo has passed the rigorous review process by TrustArc, a world-renowned privacy protection certification organization. Obtaining the EU General Data Protection Regulation (GDPR) certification proves MediaGo’s professional abilities in the field of data privacy protection and reflects MediaGo’s persistent pursuit of high standards in data security.

MediaGo consistently prioritizes information security and the protection of user privacy. It is committed to fully meeting the EU’s data protection standards and aligns with the ISO 27001 International Standard for Information Security Management Systems, ensuring the delivery of secure and reliable intelligent advertising services to users and the advertising industry.

GDPR is a comprehensive data protection regulation that establishes clear standards for collecting, using, processing, and transferring personal data within the EU and the European Economic Area (EEA). It is widely regarded as the most stringent law on user privacy and data protection currently in force. For companies operating in the EU or serving EU customers, adherence to GDPR is essentially crucial. It not only demonstrates the company’s rigorous protection of personal data in the EU and EEA but also serves as a prerequisite for legal and compliant business operations.

As a global leader in data privacy, TrustArc helps organizations establish and improve privacy management processes for privacy compliance. This allows them to meet the requirements of various laws and regulations, mitigate risks, and foster trust.

“For the advertising industry, the importance of user data privacy protection is increasing day by day,” stated Peter Jinfeng Pan, Head of MediaGo. “MediaGo has always placed great importance on data privacy protection, and obtaining GDPR compliance validation again this year confirms the effectiveness of our long-term efforts. MediaGo solemnly pledges to continue safeguarding users’ privacy and preserving a pure advertising ecosystem.”

With the protection of user privacy and security as a top priority, MediaGo is dedicated to maximizing advertisers’ ROI through deep learning technology. Over the past year, MediaGo has earned multiple prestigious industry awards, including the Global Tech Awards, the Gold Stevie® Award from the American Business Awards®, and the Artificial Intelligence Excellence Award, in recognition of its pioneering advertising technology and tangible improvements in advertising performance.

About MediaGo

MediaGo is an intelligent advertising platform. Based on deep learning algorithms, MediaGo empowers businesses of all scales, creating tangible value for companies. With 12 operational centers worldwide, MediaGo has successfully provided localized and comprehensive business growth services to over 10,000 partners.

View original content:https://www.prnewswire.co.uk/news-releases/mediago-achieves-gdpr-compliance-validation-for-2025-demonstrating-commitment-to-user-data-privacy-and-security-302365863.html

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Tana raises $25M to unlock the power of human-AI collaboration

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The AI-native workspace launches powerful Voice and AI workflows—attracting over 160,000 users to the waitlist.

LONDON, Feb. 3, 2025 /PRNewswire/ — Today, Tana, the all-in-one workspace that naturally integrates AI into everyday work, announced a $14 million Series A round led by Tola Capital, with participation from Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital, which brings the company’s total funding to $25 million. The funding will further the company’s goal to reinvent how humans, teams, and computers work together, building AI agents and voice-powered workflows to redefine productivity for savvy professionals worldwide.

During its stealth phase, Tana built a waitlist of more than 160,000 users—including representation from over 80% of Fortune 500 companies. Now, the company is launching its platform, promising to radically transform how we approach knowledge work. Over 30,000 people have tested the platform, and more than 24,000 “Tanarians” contribute to their active Slack community.  

“This team’s obsession with transforming productivity for our AI-native world sets them apart. They deeply understand that the future of work will be dynamic and personalized, and their voice-first product represents a bold vision for reshaping how teams collaborate globally,” said Sheila Gulati, founder and managing director of Tola Capital.

Tana is founded by Tarjei Vassbotn, Olav Kriken, and Grim Iversen—united in their obsession with the problems facing productivity. Tarjei and Olav are serial entrepreneurs—Tarjei is an ex-Googler with deep product and AI experience, and Olav is one of the leading growth figures coming out of the Nordics. Grim has deep technical expertise regarding information modeling and has worked on productivity systems for the past 25 years, including a central role in developing Google Wave. As engineers and tech visionaries, they knew there was a better way to work with information than the fragmented paradigm of docs, spreadsheets, slide decks, and emails. And with AI they saw a path to solve it.

Tana’s approach? Combining three novel technologies to eradicate the work about work and unlock the potential of AI and voice-based workflows. First off, Tana is a knowledge graph with connections that mimic the human brain to effectively distribute and scale knowledge. Secondly, Tana is built to be proactive. It has a multitude of feeds and mechanisms that resurface, process, and connect information—so you automatically get it where you need it. Finally, the most loved feature is the Supertag. Building on concepts from Object-oriented programming it transforms unstructured to structured information in seconds. This might sound Greek, but it means you can effortlessly whip up AI workflows, streamline instructions for the AI agents, and instantly transform raw notes and voice recordings into ready-to-use output.

Lars Rasmussen (Founder of Google Maps and the Google Wave CEO) was one of their first backers, believing this is a superior approach to knowledge management and AI. Other notable angels who put their faith in the company are Arash Ferdowsi (Dropbox co-founder), Siqi Chen (Runway founder), Olivier Pomel (Datadog founder), and Holly Branson (Virgin).

“I’ve loved being an early adopter of Tana and I’m a believer in the team’s incredible vision to revolutionize knowledge work for high-speed organizations. They’ve built one of the most impressive AI agents I’ve ever seen and infused it into every part of the product,” said Nnamdi Iregbulem, Partner at Lightspeed Venture Partners.

“The computer was supposed to be the bicycle for the mind. Instead, we got a hamster wheel resulting in loads of work about work,” said Vassbotn. “With AI we can solve this, but only if we approach knowledge work in a fundamentally different way. Plugging AI into our current fragmented ecosystem of tools will create an even bigger mess.”

“Tana is like having a superpower at work. The right information at the right time. It is also the best tool we currently have to prepare our organization for the inevitable: The increasing rate of change, the need for collaboration, and the information flow that comes with the advent of AI,” said Andre Foeken, CTO Nedap. “The age of personal effectiveness is here, and Tana is front and center.”

About Tana
Tana is an AI-native workspace that makes interacting with computers feel natural. It combines a knowledge graph, object-based note-taking, and customizable AI agents to reduce the steps between thinking and doing—taking you from thought to structured, ready-to-use output in seconds. It streamlines capturing, organizing, and applying information–so you can spend less time on busywork and more time on deep work. To learn more, visit www.tana.inc     

About Tola Capital
Tola Capital is a venture capital firm that believes in the power of software, data, and AI to transform the way the world works. Founded in 2010 by experienced software operators at the forefront of cloud computing’s rise, the firm backs entrepreneurs who have enterprise technology experience and are building disruptive, industry-transforming solutions with diverse teams. Tola Capital has raised three funds totaling $670M, has successfully exited numerous startups, and continues to evolve as it supports founders into the era of AI. Visit www.tolacapital.com for more information.

About Lightspeed
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Carta, Cato Networks, Epic Games, Faire, Forty Seven, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Rubrik, Sharechat, Snap, Udaan, Ultima Genomics and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia. www.lsvp.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/tana-raises-25m-to-unlock-the-power-of-human-ai-collaboration-302365963.html

SOURCE Tana

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MEDIA ADVISORY – Minister Wilkinson to Travel to Washington, D.C.

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WASHINGTON, Feb. 3, 2025 /CNW/ – The Minister of Energy and Natural Resources, the Honourable Jonathan Wilkinson, will provide a keynote address and take part in a fireside chat at the Atlantic Council on the future of North American energy and resource collaboration. A media availability will follow.

Date: Tuesday, February 4, 2025

Time: 10 a.m. ET

All accredited media are asked to pre-register here.

On Thursday, Minister Wilkinson will hold a media callback (audio-only) to wrap up his visit to Washington, D.C.

Date: Thursday, February 6, 2025

Time: 11 a.m. ET

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

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SOURCE Natural Resources Canada

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