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Aitech Unveils World’s First AI-Enabled Picosatellite Constellation Platform Transforming Space-Based Intelligence for Military, Defense, Public Safety, Agriculture and Infinite Other New Markets

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New IQSat Brings AI Capabilities in Low-Cost COTS Platform for Low Earth Orbit Missions Powering Rapid Actionable Data and Insights Previously Unattainable

COLORADO SPRINGS, Colo., April 7, 2025 /PRNewswire/ — (Space Symposium, Booth #612) – Aitech, a leading provider of rugged embedded systems for military, aerospace and space platforms, today introduced the picosatellite (PicoSat) constellation platform, IQSat™. The IQSat is AI-enabled and includes Artificial Intelligence (AI) and Machine Learning (ML) from Intuidex, Inc. incorporated in Intuidex’s Watchman for Space™ (W4S™) product for detecting and providing insight on patterns and anomalies for a range of applications, including public safety, agriculture, military, defense, climate, biology and more.

The World’s First AI-Enabled Picosatellite Constellation Platform, Aitech’s IQSat.

Built on Aitech’s 30 years of electronics legacy and trillions of miles flown in space, the IQSat is small enough to be held in the palm of a hand and can be deployed in a constellation of five to thousands. Offering coverage previously unattainable, IQSat is powerful enough to deliver actionable pattern of life analysis, rapidly and frequently, from any desired point on Earth.

“Space-based infrastructure solves big problems and fuels big advancements on Earth. The new IQSat platform is integral to space accessibility by delivering low cost, rapid deployment constellations that provide access to actionable information quickly and frequently for infinite applications,” said Pratish Shah, U.S. general manager, Aitech. “Whether used for military and defense, environmental or agricultural applications, communications or scientific research, the flexibility, cost and availability of a solution like IQSat has not existed before – providing more accessibility to the power of space.”

Leveraging Intuidex’s Watchman for Space product, the IQSat offers Higher-Order Low-Resource Learning™ (HO-LRL™) in support of rapid do-it-yourself user-based modeling, detection and tracking, pattern of life and anomaly detection, and constellation operations capabilities that enable new uses across a range of markets:

Military and Defense: With a low probability of intercept and low probability of detection, IQSat can deliver critical information on threat locations, directions and velocities in any area of interest at tactically significant update rates directly to the warfighterSpace Situational Awareness: With flexible sensor options and constellation configurations, IQSat brings low-cost capability to detect space debris to prevent space collisions and monitor orbital traffic, as well as detect changes in satellite trajectories or potential anti-satellite threatsSpace Habitat: Placed in the vicinity of Space Habitats, IQSat can deliver temperature, radiation levels and other data variables to evaluate structure integrity by detecting micro-meteorite impacts and material degradation or external surveillance to detect space debris collision threatsPublic Safety: A low-cost LEO constellation of IQSats can provide rapid detection of remote areas to identify natural disasters such as floods and fires; assist in remote search and rescue operations through detection of objects, locations and movement directly to the rescuer; or monitor infrastructure surveillance of dams, bridges and other structuresAgriculture: IQSat can assist farmers by delivering fast and frequent insight on soil, crops, disease, weather and other critical variables to help improve crop outputScience and Research: A constellation of IQSats can provide researchers and scientists with a low-cost solution for tracking unique weather patterns, monitoring wildlife migrations around the world, tracking ocean currents and wildlife and many more capabilities

The IQSat provides mission flexibility for quick and cost-effective constellation design, reducing delivery time and cost of custom sensing satellites and constellation configurations. Leveraging Watchman for Space, the IQSat platform dynamically updates its incident, event, object or threat detection priorities to meet ever-changing mission needs through uplinked software and configuration driven by users. Additionally, IQSat offers the industry’s first common payload interface designed to host multiple payloads on a single flexible electrical and mechanical interface, allowing for quick and standardized designs to reduce cost, NRE and time to launch.

Aitech is showcasing the new IQSat PicoSat constellation platform at the Space Symposium in Colorado Springs, Colorado in booth #612 from April 7-10.

The IQSat platform will be available in Q4 2025 for mission development and ready for LEO flight in Q1 2026. Based on mission needs, the IQSat offers:

Small size and ruggedized, standardized design for low-cost access to spaceRapid development and deployment to create constellations in monthsFlexible sensor options to meet a range of mission needsThe latest relevant information from areas of interest in minutes, with a constellation of thousands, frequent revisit rates and human-in-the-loop management in Watchman for SpaceHigh accuracy pattern of life and anomaly detection of incidents, events and items of interest through on-board AI/ML processing capabilities using HO-LRLLow uplink and downlink bandwidth utilization for rapid delivery of critical information directly to the point of need

To view the IQSat video simulation representative of the mission development model, visit: www.youtube.com/watch?v=MuGB-BVnTbc. For more information, visit www.aitechsystems.com.

About Aitech
Leveraging four decades of experience providing reliable, rugged embedded solutions for use in military, aerospace and space platforms, Aitech is the world’s first independent, open systems architecture, COTS/MOTS innovator offering customized boards as building blocks for integrated computing and networking subsystems. Offering customization services for rugged and severe environments in military, aerospace and space applications, Aitech delivers mission-optimized and proven system solutions across Sea, Land, Air and Space domains. Aitech solutions are used by industry leaders like Airbus, BAE Systems, Boeing, Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries (IAI), Larsen & Toubro Limited (L&T), Leonardo, Lockheed Martin, NASA, Northrop Grumman, Rafael and Virgin Galactic.

Aitech is supporting a better tomorrow with highly reliable, cost-effective and proven rugged embedded solutions designed to meet your mission and platform requirements. For more information, please visit www.aitechsystems.com.

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SOURCE Aitech

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Jack Henry CEO Greg Adelson to Present at Strategic Decisions Conference

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MONETT, Mo., May 22, 2025 /PRNewswire/ — Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in the following upcoming conference:

Greg Adelson, President & CEO, will present at Bernstein’s 41st Annual Strategic Decisions Conference on May 28th. The presentation takes place at 11:00 a.m. ET. A live webcast of the presentation will be accessible here.

A replay will be available on ir.jackhenry.com following the live presentation.

About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are “forward-looking statements.” Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company’s Securities and Exchange Commission filings, including the Company’s most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/jack-henry-ceo-greg-adelson-to-present-at-strategic-decisions-conference-302463799.html

SOURCE Jack Henry & Associates, Inc.

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Nota AI seeks KOSDAQ listing as the first AI optimization tech startup

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Strategic partnerships with NVIDIA, Qualcomm, Samsung Electronics accelerate global expansionRevenue grows tenfold in five years, validating tech-driven business model

SEOUL, South Korea, May 23, 2025 /PRNewswire/ — Nota AI, a pioneer in on-device AI, announced today the submission of its preliminary IPO application to the Korea Exchange, positioning itself as the first AI optimization technology firm to seek a KOSDAQ listing. Mirae Asset Securities serves as the lead underwriter for the IPO, which will offer approximately 2,916,000 shares publicly out of a total issuance of 21,161,880 shares.

In December last year, Nota AI became the first AI optimization technology startup to achieve an ‘A’ rating from both NICE Information Service and Korea Technology Finance Corporation, officially recognizing its technological strength and business viability.

Nota AI’s proprietary platform, NetsPresso®, automates AI model optimization, enabling efficient deployment on resource-constrained edge devices, significantly reducing operational costs. The company collaborates with global semiconductor leaders such as NVIDIA, Qualcomm, Samsung Electronics, Arm, and Sony, driving continuous technological innovation and market expansion. Nota AI’s notable client base includes several Fortune Global 500 companies. Recently, CB Insights recognized Nota AI as one of the “100 Most Innovative AI Startups,” underscoring its global recognition.

Nota AI’s generative AI-based video monitoring solution, Nota Vision Agent (NVA), has successfully been deployed in diverse sectors such as industrial safety, transportation, and retail. Recently, Nota AI secured a landmark agreement with Dubai’s Roads and Transport Authority, the first-ever Korean firm to do so, demonstrating its strong international commercial viability.

Proceeds from the IPO will support the recruitment of top-tier talent, enhance global market expansion efforts, and accelerate the advancement of its product offerings. Nota AI currently operates international subsidiaries in Berlin, Germany (since 2020), and Sunnyvale, USA (since 2022), and is actively expanding into key markets including the Middle East, Japan, and Southeast Asia.

“Our IPO filing is a critical milestone affirming our position as global leaders in AI optimization technology,” said Myungsu Chae, CEO of Nota AI. “This IPO will accelerate our innovation capabilities and significantly boost our global market penetration.”

Since its inception, Nota AI has secured $42.6 million in investments from prominent investors including Samsung, LG, Naver D2SF, and Kakao. Last year, the company’s revenue reached $5.86 million, representing a substantial 136% growth year-over-year, with continued strong growth projected to exceed 67% this year, reflecting the robust scalability of its technology-driven business model.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/nota-ai-seeks-kosdaq-listing-as-the-first-ai-optimization-tech-startup-302463177.html

SOURCE Nota AI

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INTOUCH INSIGHT ANNOUNCES Q1 2025 FINANCIAL RESULTS

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OTTAWA, ON, May 22, 2025 /CNW/ – Intouch Insight Ltd, (“Intouch” or “the Company”) (TSXV: INX) (OTCQX: INXSF) a leader in customer experience measurement solutions, today announced financial results for the quarter that ended March 31, 2025.

Key highlights for Q1 2025

Net earnings before taxes of $289,254 an improvement of 414% from $69,804 in Q1 2024EBITDA of $557,748 in Q1 2025 compared to $343,843 Q1 of the prior yearRecurring services revenue remained constant with a 2% increase to $5,359,439 from $5,242,720 in Q1 2024Total revenue decreased 19% to $6,319,663 from $7,845,856 in Q1 2024 due to the elimination of low margin revenueGross margin dollars increased 4% in Q1 2025 to $3,190,515 from $3,067,682This is an 11% growth in the margin percentage to 50.5% from 39.1% due to the change in revenue mix

“We are thrilled with the strong results from our strategic decision to exit low-margin revenue streams from Q1 2024. This move led to an 11% improvement in gross margins, and we generated 4% more margin dollars than the previous year, even with lower overall revenue. Thanks to these gains and further cost efficiencies, we achieved over four times the profit,” said Cameron Watt, President & Chief Executive Officer of the Company.

“Looking ahead, we are energized by the opportunities to drive growth, regardless of external uncertainties. We continue to actively pursue new avenues for expansion in both recurring services and SaaS offerings as well as in the utilization of AI to create differentiation, automation, and cost improvements. Additionally, we are exploring opportunities to re-enter the merchandising business with a clear focus on delivering sustainable and profitable growth,” said Watt.

Consolidated Statements of Operations

Q1 2025

Q1 2024

Revenue

$    6,319,663

$   7,845,856

Cost of services

3,129,148

4,778,174

Gross margin

3,190,515

3,067,682

Total operating expenses

2,819,164

2,922,632

Income from operating activities

371,351

145,050

Non-operating expenses  (earnings) 

82,097

75,246

Net income before income taxes

289,254

69,804

Income tax expense (recovery)

76,652

Net income (loss)

$      212,602

$        69,804

About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such statements reflect the Company’s current views with respect to future events, including the acquisition, future revenues and references to the Company’s expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR at www.sedar.com.   The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intouch Insight Ltd.

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