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Alef Secures an Additional U.S. Patent, Adding to the Firm’s Early and Substantial IP Portfolio, Reinforcing Technology Leadership in Empowering CIO-Friendly Private Mobile Network

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New Patent Strengthens Alef’s Private Mobile Network as a Service Technology, Empowering Seamless Deployment of High-Margin Private Networks for Enterprise Customers

NEW YORK, Feb. 22, 2024 /PRNewswire/ — Alef, a trailblazer in the realm of enterprise-ready Private Mobile Networks, proudly announces the issuance of an industry leading U.S. Patent by the United States Patent and Trademark Office. This patent represents a significant stride in reinforcing Alef’s technological leadership and paving the way for widespread adoption of Private Mobile Networks (PMN) by enterprises.

Enterprises are struggling with the complexity and costs associated with existing PMN solutions. The industry is screaming for simplification and significant cost reduction to open the door for scale of the deterministic cellular connectivity across enterprise use cases. Alef’s innovative technology addresses these challenges by providing a platform-based solution that empowers customers to create, customize, and configure their PMN from end to end, seamlessly integrating with enterprise IT through powerful application programming interfaces (APIs). This breakthrough not only allows for the deployment and management of PMNs with the same ease as Wi-Fi but also underscores the pivotal role of APIs in achieving a truly integrated and scalable enterprise network infrastructure.

Mike Mulica, CEO of Alef, emphasizes, “Our technology not only overcomes the rigidity and expense of existing solutions but does so by placing a strategic focus on the value of APIs. These interfaces enable our customers to create and tailor their specific data plane packet processing network solutions manually or programmatically, unlocking unprecedented flexibility in network management.”

The recently issued patent, titled “System and Method for Implementing Packet Processing Network Functions as a Service,” encompasses Alef’s approach to fully integrating PMNs into an enterprise’s existing security and policy Wi-Fi infrastructure. This integration, facilitated by robust APIs, ensures enterprises a cost-effective and scalable adoption and management of Private Mobile Networks.

Tom Wheeler, former FCC chair and Alef’s Board Member, applauds Alef’s groundbreaking approach, stating, “Alef has developed a truly revolutionary approach to help enterprises unlock the value of private mobile networks. APIs play a crucial role in making 4G/5G a straightforward and cost effective option for enterprise CIO’s. It is essential that enterprises adopt these deterministic communications platforms to drive U.S. competitiveness in the era of AI.”

Enterprise Digital Transformation Relies on Alef’s Revolutionary Private Mobile Networks

As per Accedian, 76% of manufacturers plan to adopt private 5G by 2024, emphasizing the critical role private mobile communication networks play in enterprise digital transformation. Alef’s unique solution, driven by the value of APIs, provides a simple, cost-effective, and easily maintainable option for enterprises to realize the benefits of private mobile networks.

About Alef

Alef stands as the only mobile connectivity SaaS platform company empowering enterprises and developers with the independence to create, customize, and control their private network infrastructure. With a focus on simple and secure integration, rapid deployment, and unmatched performance and economics, Alef’s solution, leveraging the power of APIs, revolutionizes the way enterprises leverage mobility for productivity, closing the digital divide, and delivering new learning experiences.

To learn more about Alef, please visit https://www.alefedge.com.

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SOURCE Alef Edge

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SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

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MERRIAM, Kan., April 28, 2025 /PRNewswire/ — The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three months ended March 29, 2025 and March 30, 2024, in millions of dollars except share and per share amounts.

Three Months Ended

March 29,

March 30,

2025

2024

Net sales

$

2,316

$

2,191

Operating income (loss)

$

38

$

(20)

Net earnings attributable to Seaboard

$

32

$

22

Earnings per common share

$

32.95

$

22.66

Average number of shares outstanding

971,055

971,055

Dividends declared per common share

$

2.25

$

2.25

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on May 19, 2025 to stockholders of record at the close of business on May 8, 2025.

View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-302440190.html

SOURCE Seaboard Corporation

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Orange County Fire Authority in California Selects MSA Safety’s G1 Breathing Apparatus to Help Protect Firefighters

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PITTSBURGH, April 28, 2025 /PRNewswire/ — Global safety equipment manufacturer MSA Safety, Inc. (NYSE: MSA) today announced it has secured a $10 million contract to provide respiratory protective equipment to the Orange County Fire Authority in Southern California. With this order, MSA continues to strengthen its breathing apparatus market presence in the Southern California region. Over the past two years, MSA Safety has secured similar breathing apparatus contracts with both the Los Angeles County and the Los Angeles City Fire Departments. 

The decision to upgrade Orange County Fire Authority’s self-contained breathing apparatus (SCBA) technology was made after a comprehensive evaluation process. Factors that influenced the department’s selection of the G1 SCBA were its advanced technology and connectivity features, as well as the ability to upgrade the breathing apparatus with new technologies as they become available.

With 15 U.S. patents, the G1 SCBA is the centerpiece of the MSA Connected Firefighter platform – a suite of safety technologies that work in concert to significantly improve firefighter monitoring, accountability and communication. The SCBA utilizes embedded technology to transmit important data, including cylinder air pressure, battery status and various alarm indicators, to incident commanders via MSA’s FireGrid® system. The FireGrid system is a software service that gives incident commanders the ability to evaluate and manage on-scene fire crews in real time.

“When it comes to protecting first responders, our vision at MSA Safety is to provide fire departments with the most advanced and versatile safety solutions available today,” said Bob Apel, MSA Safety Executive Director, Global Fire Service and Digital Experience. “Our G1 breathing apparatus is a fitting example of that vision. The platform provides ongoing value to fire departments because it enables us to continuously add new technologies to the SCBA that enhance firefighter health and safety. That vision is consistent with our growth strategy to be the leading innovator in head-to-toe protection for the fire service.”

Also included among the G1 SCBA’s advanced features is an integrated thermal imaging camera (iTIC). The iTIC places thermal imaging capability into the hands of individual firefighters, as opposed to sharing a handheld device among multiple firefighters. The camera is part of the SCBA control module that houses a video screen and other electronics that enable many G1 features.

Founded in 1995, the Orange County Fire Authority (OCFA) is a regional fire service agency that serves 23 cities and all unincorporated areas within Orange County. With 78 fire stations, the OCFA protects nearly two million residents. It is a premier public safety agency providing superior fire protection and medical emergency services to its communities.

“We are incredibly proud to establish this new partnership with the Orange County Fire Authority,” said Joann Serakowski, MSA Safety Vice President, Fire Service – U.S. and Canada. “Most importantly, we’re honored the department has entrusted MSA with the responsibility of protecting the men and women who help keep the residents of Orange County safe each day.”

Delivery of the new SCBA units is expected to be completed in 2025.

About MSA Safety
MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2024 revenues of $1.8 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a team of over 5,000 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

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NaaS Technology Inc. Announces Completion of ADS Ratio Change

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BEIJING, April 28, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announces that the previously announced change of the ratio (the “ADS Ratio”) of its American depositary shares (the “ADSs”) to its Class A ordinary shares has taken effect at the open of business on April 28, 2025 (U.S. Eastern Time) (“Effective Date”).

The change in the ADS Ratio, from one ADS to 200 Class A ordinary shares to one ADS to 800 Class A ordinary shares, had the same effect as a one-for-four reverse ADS split. The exchange of one new ADS for every 4 previously-held ADSs occurred automatically upon effectiveness, with the previously-held ADSs cancelled and the new ADSs issued by JPMorgan Chase Bank, N.A., the depositary bank for the Company’s ADS program.

As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be proportionally equal to or greater than 4 times the ADS trading price before the change.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com 

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-announces-completion-of-ads-ratio-change-302439804.html

SOURCE NaaS Technology Inc.

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