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Aquiline Drones – Pioneering Drone Technology for Energy and Utility

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Aquiline Drones (AD) partners with Drone Volt (ALDRV) to advance LineDrone technology for power-line inspection services in the US.

HARTFORD, Conn., Feb. 9, 2025 /PRNewswire-PRWeb/ — Aquiline Drones (AD) signs historic licensing agreement with long-time partner Drone Volt SA (ALDRV) to introduce and provide electrical power line inspection services in the United States using the LineDrone – a unique combination of advanced and pioneering technology.

Pioneering Drone Technology

AD, a leading U.S.-based drone technology enterprise, has announced a strategic partnership with Drone Volt to introduce and expand the capabilities of the LineDrone to the US market. Dubbed an engineering marvel, the LineDrone is a specialized unmanned aerial system (UAS) developed in collaboration with Hydro-Québec – Canada’s largest energy producer. This groundbreaking technology is designed to revolutionize the inspection and maintenance of high- voltage power lines, by offering advanced, non-contact measurement solutions.

Hydro-Québec is renowned not only for its extensive hydroelectric power generation but also for its significant investments in research and development, particularly in robotics for power line inspection and maintenance. The company’s research is primarily conducted through its Institute de recherche d’Hydro-Québec (IREQ), established in 1967.

Using artificial intelligence (AI) to control the drones and analyze acquired data – along with other pioneering technologies, Aquiline Drones will introduce and deploy LineDrone inspection services nationwide.

The LineDrone is the only drone – globally, capable of landing on live high-voltage lines (315,000 volts / 2,000 A) to conduct inspections by traversing the power lines using a unique motorized rolling system – LineOhm and LineCore probes, to analyze and document the condition of overhead conductors without having to de-energize the line. The LineDrone is also engineered to perform critical diagnostics on live transmission lines using state-of-the-art sensors to conduct high-precision inspections, including resistance measurements, corrosion assessments, and splice evaluations, without requiring power outages. This innovation significantly reduces operational risks while enhancing grid reliability and efficiency.

By reducing the need for costly helicopter and high-risk manual inspections, the LineDrone represents a safer, more cost-effective, and environmentally friendly alternative for the energy industry. With increasing demand for efficient grid management solutions, this collaborative effort aims to redefine how utility companies monitor and maintain their critical infrastructure.

Aquiline Drones will leverage its extensive expertise in autonomous drone operations and regulatory compliance to help deploy the LineDrone technology for utility companies and infrastructure service providers throughout the US.

“Our collaboration with Drone Volt aligns perfectly with our mission to deliver cutting-edge drone solutions that enhance safety, efficiency, and sustainability,” said Barry Alexander, Founder and CEO of Aquiline Drones. “By incorporating advanced AI and cloud technology into the LineDrone system, we aim to set a new industry standard for high-voltage power line inspections” Alexander says.

Like AD’s Flight to the Future (F2F) online drone training course – in scope and scale, the LineDrone project aims to train a workforce of professional drone service providers (DSPs) to then participate as professional LineDrone DSPs (LDSPs). The US has 600,000 + miles of transmission lines that move electricity from power plants to cities and towns nationwide.

The following is an overview of F2F: https://www.youtube.com/watch?v=hgd0zD-mcw4

AD aims to expand the distribution of LineDrone services within the US, to provide high-tech job opportunities as LDSPs. Under the agreement AD will provide the following:

Expanded distribution of LineDrone services across the USA.Specialized drone pilot training for operational support to energy sector professionals adopting the technology. AD-trained pilots or drone service providers (DSPs) could then work as AD affiliates – ensuring FAA compliance and integration with evolving U.S. drone regulations: https://www.youtube.com/watch?v=u_Hul4xenscCompetitive commercial liability insurance and warranty options to the US drone marketplace, primarily focusing on individuals and entities trained through our program. Various insurance coverages will be available for purchase through Aquiline Drones Indemnity Corporation (ADIC).Contracted opportunities for LDSPs through extended Service Level Agreements (SLAs) held by AD, under contract with industry stakeholders.

Transmission lines require rigorous and routine maintenance, involving inspection processes that are typically less-safe, cumbersome and more restrictive than what can be more easily achieved using an AI drone solution. Regional Transmission Organizations (RTOs) can now use this much safer LineDrone system to replace having to shut down lines, and can realize significant manpower and equipment savings, often done with the addition of helicopters and linesmen.

“This agreement extends our existing partnership with Aquiline Drones and enables AD to include specific and adapted drones as part of a proven next generation power grid infrastructure inspection system” says Marc Courcelle, CEO of DroneVolt SA. Aquiline Drones is able to provide an entire ecosystem of AI controlled drones, inspection data analysis, FAA pilot training, operating liability insurance and lifetime system support of each client. No other drone provider in the US can offer this broadly encompassing and complete solution.

About Aquiline Drones

Aquiline Drones Corporation (AD) is an all-American drone technology company specializing in drone manufacturing, artificial intelligence (AI), and superior drone pilot training. AD is also self-insured through Aquiline Drones Indemnity Corporation (ADIC). AD’s core management comprises highly experienced aviators, systems engineers, IT gurus, military personnel (including veterans), and business strategists. AD delivers a vertically integrated blend of products and services. AD’s full spectrum of technological solutions is widely applicable across countless industries and environments for superior, real-time data processing and insights. Visit www.AquilineDrones.com for more information.

Photo Courtesy of: Aquiline Drones Corporation

Media Contact

Barry Alexander, Aquiline Drones Corporation, 1 860-361-7958, info@aquilinedrones.com, https://aquilinedrones.com/

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SOURCE Aquiline Drones Corporation

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Businesses across the Middle East are engaging independent talent at rates ranging from USD 300 to 1000 per day to scale faster: Outsized’s 2025 Talent-on-Demand Report reveals critical hiring trends and most in-demand skills

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DUBAI, UAE, March 17, 2025 /PRNewswire/ — Companies across the Middle East are increasingly building teams and capabilities by integrating independent professionals across functions and levels. Skills in high demand include change management, digital transformation, sales, marketing, data and strategy.

According to Outsized’s 2025 Talent-on-Demand Report, organisations are integrating independent talent for various reasons; from execution roles to strategic project delivery, with professionals across the UAE and KSA earning between USD 300 to 1,000 per day, depending on type of skill and experience level.

For businesses in the MENA region, leveraging independent talent is not just a short-term trend but a fundamental shift in how they access expertise, drive transformation, and maintain a competitive edge. The rise of independent talent in MENA remains strong, with freelancer registrations increasing by 78% in the past year.

Key findings at a glance:

Most in-demand skills: Payments, business development, project management, product development, risk management and data analytics.Sectors driving the shift: Consulting, Financial Services and Tech, leveraging independent professionals to scale capabilities across strategy, execution, and operations.Freelancer growth: Registrations up 44%, showing strong demand for flexible expertise across experience levels.Day rates: Experienced professionals (11–15 years) average USD 600/day; top skills exceed USD 1,000.

In the field of data and analytics, experts are executing complex data strategies, commanding daily rates between USD 225 to 750 across both the UAE and KSA. Similarly, marketing and product management specialists, including digital marketers, UX professionals, and product managers, are securing competitive rates ranging from USD 250 to 825 per day in both regions.

A transforming workforce: Agile talent takes centre stage

Outsized, a leading talent-on-demand platform with over 45,000 independent consultants and professional freelancers globally, has released its fourth annual Talent-on-Demand Report, offering real-time insights into how businesses are leveraging independent professionals. Based on tens of thousands of proprietary data points from actual projects posted by enterprises, consulting firms, and private equity clients, the report provides a comprehensive breakdown of talent costs, hiring trends, and in-demand skills across MENA, APAC and Africa.

For the first time, the 2025 edition also includes insights from Australia and New Zealand (ANZ), expanding its global workforce intelligence.

“Businesses in the Middle East increasingly recognise the speed, quality, and flexibility that independent talent brings. From Saudi Arabia’s Vision 2030 to the UAE’s digital transformation agenda, organisations are tapping into skilled independent consultants and freelancers to accelerate high-impact projects at a competitive cost, with reduced hiring risks.” — Azeem Zainulbhai, Managing Director for MENA & India at Outsized

Why this matters for business and HR leaders

The 2025 Talent-on-Demand Report serves as a blueprint for workforce transformation, enabling leaders to:

Benchmark talent costs and optimise external hiring budgets.Identify emerging workforce trends across MENA, APAC and Africa.Gain exclusive day rate intelligence across a broad range of industries and skill sets.Understand how top firms leverage independent talent to accelerate digital transformation and maintain a competitive edge.

Access the full report here

Staying ahead of workforce trends demands real-time intelligence and actionable market insights. Outsized’s 2025 Talent-on-Demand Report serves as a strategic playbook, providing business leaders with essential benchmarking against industry peers. Armed with these insights, leaders can quickly identify emerging talent shifts, optimise hiring budgets, and build agile workforce strategies. Access the full report to stay ahead of the curve: https://resources.outsized.com/talent-on-demand-report-2025

Access the report now 

Methodology

The 2025 Talent-on-Demand Report is based on original research and tens of thousands of proprietary data points from real projects on Outsized’s platform.

About Outsized

Outsized is a talent-on-demand platform with over 45,000 top independent professionals, enabling large enterprise clients, consulting firms, and private equity funds in Asia-Pacific, Africa, and the Middle East to implement flexible workforce models at scale. For more information, please visit www.outsized.com.

Photo: https://mma.prnewswire.com/media/2641110/MENA_report_2025_Outsized.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/businesses-across-the-middle-east-are-engaging-independent-talent-at-rates-ranging-from-usd-300-to-1000-per-day-to-scale-faster-outsizeds-2025-talent-on-demand-report-reveals-critical-hiring-trends-and-most-in-demand-skills-302401212.html

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Term Structure Institutional (TSI): The Future of Institutional Fixed-Rate Digital Asset Lending and Borrowing

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HONG KONG, March 17, 2025 /CNW/ — 

Redefining Institutional Finance in the Digital Asset Era

As institutional adoption of digital assets accelerates, the demand for reliable, predictable, and efficient lending and borrowing solutions has never been greater. Term Structure Institutional (TSI) is at the forefront of this transformation, offering a cutting-edge fixed-rate borrowing and lending platform designed to meet the needs of institutional investors.

With a robust foundation built on Fireblocks’ industry-leading Multi-Party Computation (MPC) technology and as an advanced Electronic Communication Network (ECN), TSI eliminates the risks of volatile lending and borrowing markets, providing institutions with seamless access to fixed-income opportunities in the digital asset space.

Addressing Key Challenges in Institutional Digital Asset Lending and Borrowing

Despite the rapid growth of digital asset markets, institutional participants continue to face significant barriers:

Unpredictable Borrowing Costs – Open-term loans expose institutions to fluctuating interest rates, making financial planning challenging.Security Concerns – The on-chain DeFi ecosystem is prone to hacks and vulnerabilities, deterring institutional involvement.Limited Trading Flexibility – Traditional custodian solutions often restrict institutions from executing sophisticated borrowing and lending strategies.Inefficiencies in OTC Markets – A lack of transparency and standardized pricing leads to suboptimal execution.

TSI directly addresses these pain points, delivering a reliable and efficient fixed-income platform purpose-built for institutional engagement.

Why Institutions Choose TSI

Enhanced Security with Fireblocks MPC Technology

TSI integrates Fireblocks’ cutting-edge MPC technology, ensuring that institutional assets remain protected at all times. By eliminating single points of failure, TSI significantly enhances risk management and compliance.

Predictable, Fixed-Rate & Fixed-Term Borrowing & Lending

TSI enables institutions to lock in stable interest rates and predefined loan durations, providing much-needed certainty for long-term financial strategies.

Efficient Market Access

TSI’s ECN-powered platform revolutionizes price discovery and liquidity aggregation, bringing the standardization and efficiency of traditional finance into the digital asset ecosystem.

Institutional-Grade Over-Collateralized Lending

To mitigate default risks, TSI requires borrowers to provide collateral exceeding the loan value, ensuring robust lender protection and market stability.

Streamlined Collateral Liquidation

TSI’s structured liquidation process ensures collateral is efficiently managed, safeguarding institutional participants from unnecessary losses.

Shaping the Future of Institutional Digital Asset Lending and  Borrowing

TSI is more than just a platform—it’s a game-changer for institutional digital asset lending and  borrowing. By combining enhanced security and fixed-rate certainty, TSI is setting a new standard for institutional finance in the digital asset space.

Are you ready to experience the next evolution of institutional digital asset lending? Join TSI today and unlock the power of predictable, reliable, and institutional-grade financing. Follow us on X to stay updated!

About Term Structure Institutional

Term Structure Labs Limited is a company registered in BVI, primarily focused on DeFi research with an emphasis on fixed-rate solutions. Term Structure Institutional (TSI) is one of its products, designed specifically to cater to institutional users, offering tailored solutions within the broader Term Structure ecosystem.

View original content:https://www.prnewswire.com/news-releases/term-structure-institutional-tsi-the-future-of-institutional-fixed-rate-digital-asset-lending-and-borrowing-302401783.html

SOURCE Term Structure Labs

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KELYNIAM ACHIEVES RECORD REVENUE & PROFITABILITY FOR 2024

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CANTON, Conn., March 17, 2025 /PRNewswire/ — Kelyniam Global (OTC:KLYG), a manufacturer of custom cranial implants, has announced its financial results for the year ended December 31, 2024.

“Kelyniam had an exceptionally strong year in 2024,” stated Ross Bjella, Kelyniam’s CEO. “This marks the strongest performance in the company’s history both financially and operationally. Our success is attributed to our dedicated team of distributors and to Desiree Webb, Vice President of Operations and Business Development, who has developed a skilled manufacturing team that ensures the timely delivery of high-quality custom PEEK implants.”

Financial highlights for the year ended December 31, 2024, compared to the same period in 2023 include:

Total revenue: $3,328,382 compared to $2,672,357, an increase of 24.6%

Operating income: $277,037 compared to a loss of ($239,166), an improvement of $515,203

EBITDA: $322,824 compared to an EBITDA loss of $189,758, reflecting an earnings/cash contribution of $512,582

Events that significantly influenced the year included:

15 new hospitals purchased implants from Kelyniam in 2024Completion of an FDA audit late last year resulting in 5 minor observations, all of which have been addressedSponsorship of the Skull Base 360 wet lab at the University of Maryland, enhancing relationships with leading teaching institutions

The complete financials are available on the company’s website at www.Kelyniam.com.

“We look forward to building on the success of 2024 by strengthening our relationships with current partners, in-licensing products, and pursuing organic growth,” Bjella continued. “Kelyniam will significantly invest in sales and business development activities in 2025. The company is well-positioned to partner with foreign companies with cranial surgery products seeking a distribution partner or access to a U.S. FDA-approved manufacturing facility.”

Kelyniam Inc., specializes in the rapid production of custom prosthetics utilizing computer aided design and computer aided manufacturing of advanced medical grade polymers.  The Company develops, manufactures, and distributes custom cranial and maxillo-facial implants for patients.  Kelyniam works directly with surgeons, health systems and payors to improve clinical and cost-of-care outcomes. Kelyniam’s web site address is www.Kelyniam.com.

As a cautionary note to investors, certain matters discussed in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company’s ability to execute its service and product sales plans; changes in the status of ability to market products; and the risks described from time to time in the Company’s SEC reports.  

View original content:https://www.prnewswire.com/news-releases/kelyniam-achieves-record-revenue–profitability-for-2024-302402509.html

SOURCE Kelyniam Global Inc

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