The VirgoPay cross-border remittance network, launching in May, will combine traditional fiat currency transfers and innovative stablecoin solutions, with Vaulta acting as the network’s default settlement layer

VANCOUVER, BC, April 4, 2025 /PRNewswire/ — Vaulta, a scalable operating system that powers Web3 Banking with fast, low-cost transactions and seamless blockchain connectivity, today announced a strategic partnership with VirgoCX Global Holdings (Herein Virgo), a leading global comprehensive digital asset service provider, to launch VirgoPay, a dedicated cross-border remittance network that uses stablecoins to both reduce transfer fees and decrease transfer times for international wire transfers and payments.

The partnership will make Vaulta the default transaction and settlement layer for VirgoPay, which is set to launch in May, and become a critical part of Vaulta’s Web3 Banking vision. VirgoPay will benefit from the near instant finality of the Vaulta blockchain, ensuring the security, speed, and reliability of the payment network surpasses that of more traditional payment rail experiences.

“In addition to being very costly and slow, cross-border payments have always relied on access to traditional banks or financial institutions, which often isn’t an option in areas that lack that necessary and widely available infrastructure,” said Yves La Rose, founder and CEO of Vaulta Foundation. “Virgo is tackling this problem head on by leveraging the power of stablecoins, while also acting as the first true proof-of-concept for our chain’s new focus around the evolution of finance. The VirgoPay network stands as the first testament to the Vaulta Banking OS framework our team has perfected over years of iterations, and is step one in realizing our vision for Web3 Banking.”

The VirgoPay service will allow users to add funds using traditional local payment rails (E.g. bank transfers, e-transfers and card processing) or directly from a crypto wallet, and allows users to select from a range of fiat currencies. Once initialized, users can track the status of their payment in real time, with recipients able to access funds using their preferred currency once the transaction is complete.

This approach is designed to reduce cross-border transaction fees by up to 70%, while also allowing for transactions to occur in minutes as opposed to several days with traditional remittance services. Additionally, leveraging stablecoins provides users with protection against fluctuations in local currency value alongside additional security and transparency afforded by the use of blockchain technology.

Adam Cai, CEO of Virgo commented, “Vaulta’s vision about Web3 Banking is aligned very well with Virgo’s vision ‘make crypto great for all’. Leveraging stablecoins for payments is going to be the first killer application for DLT. VirgoPay is thrilled to partner with Vaulta to achieve its’ global mission to make money flow freely and easily.”

The first phase of the VirgoPay launch will establish connections across a number of global financial hubs, including U.S., Hong Kong, Canada, Argentina, Brazil and Australia. Phase 2 will expand the VirgoPay network into other countries in South America , South east asia, and the Middle East, seeking to capitalize on the growing remittance market that is projected to reach over $1 Trillion by 2029.

Virgo, the experienced digital asset solutions expert behind VirgoPay, stands as one of the premiere crypto service providers in Canada with fast-growing presence in the United States and Australia. It has processed over $2.5 billion CAD in transactions across all business lines. For 2025, it expects to process an annual record of CAD$ 3.5 billion in transactions, signaling exponential growth and additional mainstream adoption of crypto from its global user bases.

In addition to using Vaulta’s layer one chain as the default settlement layer for transactions, the partnership will also provide the chain’s users with direct access to easy and seamless cross-border payments through VirgoPay. The Vaulta team, which recently rebranded from EOS Network, plans to integrate additional features and financial services through a host of strategic partnerships to be announced in the near future.

Additional details regarding the official launch date of VirgoPay, as well as how the product will directly integrate with Vaulta’s Banking OS, will be announced in the coming weeks.

About Vaulta
Vaulta is a highly scalable, high-performance Banking Operating System designed to empower developers and enterprises with unmatched speed, reliability, and flexibility. As a gateway to the Bitcoin ecosystem and a pioneer in decentralized data management through RAM markets, Vaulta is redefining financial infrastructure by bridging Web3 banking with institutional-grade performance. Built on a dynamic and flexible infrastructure, Vaulta enables customizable virtual environments, like Vaulta EVM and exSat, to deliver full data availability and seamless inter-blockchain communication. With zero downtime, instant finality, and one of the lowest transaction costs in the market, Vaulta will unlock the next financial frontier – Web3 Banking.

About Virgo
Virgo is a global comprehensive digital asset solutions provider which owns and operates multiple OTC desks and retail trading services in APAC and North America, as well as a fully regulated Canadian digital Asset management firm. Virgo’s mission is to bridge the gap between digital currencies and traditional finance services with a full suite of innovative products and client-first services targeting financial institutions, high net-worth individuals, retail users and family offices.

Media Contact
vaulta@mgroupsc.com 

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SOURCE Vaulta

COLORADO SPRINGS, Colo., April 4, 2025 /PRNewswire/ — Space-ng optical navigation software provides terrain relative navigation, hazard detection, and attitude determination from lunar orbit to the surface, as demonstrated by the recent success of Firefly Aerospace’s Blue Ghost Mission 1 (BGM1) landing at Mare Crisium. The technology used in this mission, and its capabilities regarding other computer vision applications for space systems, will be presented in video and interactive displays at the Space-ng Booth #SS208 .

AstroVision hardware, currently undergoing qualification testing, will also be demonstrated at the Space-ng booth. AstroVision was developed by Space-ng to host the powerful software that will drive next generation computer vision applications for space systems. This includes the spacecraft equivalent of level 5 self driving, proven by Firefly on BGM1, with optical navigation support from Space-ng.

Attendees at the 40th Space Symposium will include Space-ng Founder and CEO Ethan Rublee as well as Co-Founder and Chief Engineer Steve Bailey.

Space-ng is on a mission to provide computer vision, optical navigation, and autonomous operations across the solar system, as well as returning cinematic experiences and imagery from pioneering space missions.

Space-ng’s Role in the Historic Firefly Blue Ghost Lunar Lander Mission

On March 2nd, as Blue Ghost descended to Mare Crisium, Space-ng’s software processed camera images, comparing them to a 3D, geospatially accurate, onboard lunar digital terrain map and dynamically correcting the vehicle’s navigation solution. In the final moments before touchdown, the system identified hazardous terrain like slopes, rocks, and craters and autonomously re-directed the lander to a safe site – ensuring a soft, precise landing.

Future Vision Based Navigation Systems

In future applications, Space-ng software will be hosted on Space-ng’s AstroVision hardware. AstroVision combines advanced optical sensors, high-speed remote data transmission, high-performance computing, and neural engine processing to enable the use of computer vision and machine learning algorithms using physics-based visual reasoning. AstroVision provides quaternions and state vectors from Earth orbit to the surface of the Moon absent of GPS and radio communication, supporting Alt PNT cislunar spaceflight, as well as lunar orbit, landing and surface operations.

AstroVision combines Space-ng’s expertise in vision-based navigation software with space-qualified hardware that includes an 8 core CPU as well as hardware acceleration including an Image Signal Processor (ISP), Digital Signal Processor (DSP), Graphics Processing Unit (GPU), and an AI/Neural Network Engine. AstroVision includes up to 12 configurable high-resolution Camera Modules, each with sensors and optics tailored to users needs, and each located up to 15 meters from the AstroVision Base Unit. This multi-headed vision system provides all-sky coverage eliminating the need for spacecraft maneuvers or attitude constraints in acquiring and tracking the Sun or stars.

This innovative approach to position and attitude determination uses both bright objects like the Sun, Earth, and Moon and dim objects, such as stars and distant planets, to produce a precise state vector solution without relying on conventional sun sensors, star trackers, GPS, two-way-radio ranging, or ground-in-the-loop approaches. Each of the twelve AstroVision global or rolling shutter imagers comes with a user-selectable field of view, 12 Mpixel resolution, up to 6 Gbps bandwidth, and internal IMU, weighing in at only 150 grams apiece.

The AstroVision Hardware and Software Ecosystem

Space-ng is taking orders for AstroVision hardware, with first flight hardware delivery in Q3 of 2025 and with EDU hardware now available. AstroVision hardware supports many use cases ranging from science imaging and video documentation to spacecraft automation such as rendezvous, proximity operations, manufacturing, assembly, security, and space situational awareness. As a software-defined system with an open architecture model with standard APIs, the flight software may be licensed from Space-ng, or developed by the customer to suit their needs. AstroVision comes with hardware and software supporting each stage of the spacecraft development life cycle, including design & development, test & integration, mission operations, and overall cyber-security. This includes real time simulation, electrical ground support equipment, command and telemetry, and Over the Air (OTA) updates. Space-ng can provide dedicated support through delivery and integration, or all the way to mission success.

“Optical navigation is critical in situations where you need precise maneuvering and a GPS signal is not available,” said Will Coogan, Chief Engineer at Firefly Aerospace. “We chose Space-ng for the Blue Ghost mission to the Moon because their software provides a precision landing location on the lunar surface that avoids hazardous obstacles like rocks and craters. Space-ng provides excellent support and expertise, and we look forward to working with them for future missions to the Moon and beyond!”

Media Contact: Please contact hello@space-ng.com for additional requests for information or media contact.

Space-ng is developing revolutionary machine vision hardware and software for Civil, Commercial, and Defense customers. To learn more about Space-ng visit www.space-ng.com, where you’ll find the answers to your most common questions as well as contact information on how to customize AstroVision for your mission.

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SOURCE Space-ng Inc.

AVON, Conn., April 4, 2025 /PRNewswire/ — Constitution Billing and Financial Services (CBFS), a subsidiary of Constitution Surgery Alliance (CSA), has entered into a commercial agreement with Milagro, a leader in autonomous medical coding, to deploy Milagro’s innovative coding platform across CSA’s network of partnered and managed ambulatory surgical centers.

Through this agreement, CBFS will integrate Milagro’s cutting-edge AI-driven coding solution to enhance its revenue cycle management platform. This new collaboration aims to streamline coding operations, reduce administrative burden, and improve efficiency in the surgical centers’ operations. The solution will be integrated seamlessly with the Surgical Information Systems EHR, offering enhanced accuracy in surgical procedure coding and faster reimbursement cycles.

“We are excited to formalize this partnership with Milagro to bring their advanced autonomous coding technology to our network,” said Sayword Hill, Senior Vice President of Revenue Cycle at CBFS. “Milagro’s platform will be instrumental in reducing manual coding processes, optimizing business operations, and ensuring faster and accurate reimbursements for the surgical centers within our partnership network.”

With this move, CBFS and CSA aim to enhance financial performance and operational efficiency, while reducing the time spent on administrative tasks. The integration of Milagro’s AI technology is expected to help CBFS handle coding challenges more efficiently and allow healthcare professionals to focus on patient care.

“We’re thrilled to partner with Constitution Surgery Alliance and CBFS to deliver the benefits of our autonomous coding platform,” said Amit May-Dan, CEO and Co-Founder of Milagro. “Our autonomous coding platform is designed to transform the healthcare revenue cycle, and we look forward to helping CSA optimize operations across its network.”

This partnership between CBFS and Milagro underscores CSA’s ongoing commitment to adopting cutting-edge solutions that improve both patient care and the financial performance of its partnered surgical centers.

About CSA and CBFS

CSA is a leading developer and operator of outpatient surgery centers. Over the past 25 years, CSA has developed 26 surgery centers, including 15 hospital joint ventures, and has partnered with more than 500 surgeons. CSA’s surgery centers complete more than 100,000 surgical cases each year. Constitution Billing and Financial Services provides complete Revenue Cycle and Financial Services. For more information about Constitution Surgery Alliance and our award-winning ASCs, please visit www.CSAsurgery.com

About Milagro

Established in 2020 by a team of leading medical data experts, Milagro is dedicated to simplifying medical coding and streamlining coding operations. Milagro is leading the change in autonomous medical coding with cutting-edge technology that automates coding processes. For more information about Milagro, please visit www.milagroai.com

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SOURCE Constitution Surgery Alliance