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CME Group Announces First Trades of Spodumene Futures

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CHICAGO, Oct. 29, 2024 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, today announced its new Spodumene CIF China (Fastmarkets) futures have launched and are available for trading. A total of 29 contracts traded on the first day, with participation from a number of firms including JA Commodities (Zhejiang) Ltd, Mitsubishi Corporation RTM International Pte Ltd, Wogen Resources Limited and Wooray Commodities Pte Ltd. The first trade was executed by Freight Investor Services Ltd.

“We are pleased to see early interest in our Spodumene futures, which provide an additional way to hedge price exposure across the lithium value chain,” said Jin Hennig, Managing Director and Global Head of Metals at CME Group. “We are already the leader in providing risk management tools that aid in the development of the battery metals industry, and we remain committed to responding to market needs as this space evolves.”

“The launch of Spodumene futures is the latest milestone in the growth of the battery sector and we are pleased to be one of the first participants in these markets,” said Roger Quek, CEO and Managing Director at Straits Financial Services Pte Ltd. “Our clients continue to seek exposure to essential raw materials in the energy transition and CME Group’s suite of products provide the most liquid and efficient way to access these markets today.”

“As one of the leading commodity traders in the industrial metals space, we are pleased to be one of the first to trade the Spodumene futures,” said Amanda Xiong, General Manager at Wooray Commodities Pte Ltd. “Battery fabrication is rapidly growing and having access to CME Group’s suite of lithium products will provide additional capabilities for our clients.”

“We are pleased to participate in CME Group’s new Spodumene futures markets, which provide additional hedging capabilities and price discovery across the lithium value chain,” said Tom Qiu, General Manager of Mitsubishi Corporation RTM International Pte Ltd. “Production of lithium and related feedstocks is accelerating and these new contracts, alongside CME Group’s other lithium products, will help the industry be more effective to meet growing demand.”

Spodumene CIF China (Fastmarkets) futures are listed by and subject to the rules of COMEX. For more information, please visit here.

As the world’s leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest ratesequity indexesforeign exchangeenergyagricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“S&P DJI”). “S&P®”, “S&P 500®”, “SPY®”, “SPX®”, US 500 and The 500 are trademarks of Standard & Poor’s Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

CME-G

 

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SOURCE CME Group

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Pulsenmore Expands Partnership with Clalit Health Services to Deliver 25,000 Home Ultrasound Devices for Remote Prenatal Care

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RAMAT GAN, Israel, Oct. 30, 2024 /PRNewswire/ — Pulsenmore (TASE: PULS), a pioneering provider of home-based ultrasound technology, has announced the renewal and expansion of its strategic partnership with Clalit Health Services, Israel’s largest HMO. Over the next five years, Pulsenmore will supply 25,000 units of its advanced home ultrasound devices to support Clalit’s commitment to accessible, high-quality prenatal care.

Under the new agreement, Pulsenmore’s devices will enable pregnant women to conduct ultrasound scans at home, both asynchronously (App Guided) and, for the first time, synchronously (Clinician Guided) with real-time video consultations. This feature will allow real-time monitoring and guidance, empowering expectant mothers with accessible, quality prenatal care directly from their homes.

Additionally, Clalit will evaluate the incorporation of Pulsenmore’s latest home-based Biophysical Profile (BPP) feature, into its services. The BPP enables medical teams to assess fetal well-being and make timely clinical decisions for high-risk pregnancies.

Pulsenmore’s home ultrasound device, connected via smartphone, allows pregnant women to perform self-guided scans, which are securely sent to medical teams for remote review. This intuitive device captures essential fetal health metrics—such as heartbeat, movement, and amniotic fluid levels—providing comprehensive insights into fetal well-being.

Dr. Elazar Sonnenschein, Founder and CEO of Pulsenmore, commented, “Our new agreement with Clalit reinforces their trust in Pulsenmore’s solutions as a transformative approach in remote healthcare. This partnership not only strengthens our commitment to providing more flexible, supportive care to Clalit’s members, but it also shapes the way for advancing the future of prenatal care.”

Founded in 2014, Pulsenmore has rapidly expanded its global footprint. The company has regulatory approvals in Israel and Europe (CE) and recently secured clearance for distribution in Australia and Brazil. In the fusion of telehealth and femtech, Pulsenmore has marked a year of significant milestones, as the company reported a robust 79% revenue growth in the first half and committed contractual revenue extending into 2025. With new distribution agreements in key markets and a strengthened pipeline, Pulsenmore is dedicated to transforming prenatal care by offering accessible healthcare solutions that empower families everywhere.

For more information, please visit www.pulsenmore.com 

Press Contact:
Mira Altmark Sofer
Vice President Global Marketing, Pulsenmore
mira@pulsenmore.com
+972-50-5911212

Photo: https://mma.prnewswire.com/media/2543344/Pulsenmore.jpg

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Report on 11th Annual Meeting of “Innovation for Cool Earth Forum” (ICEF2024)

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– 13 Sessions Held with 1,700 Participants from 93 Countries/Regions; “Artificial Intelligence (AI) for Climate Change Mitigation 2.0” Roadmap Prepared –

TOKYO, Oct. 30, 2024 /PRNewswire/ — The Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) held the 11th Annual Meeting of the “Innovation for Cool Earth Forum” (ICEF2024) on October 9-10 (Wednesday-Thursday) at the Westin Tokyo hotel in Japan as a hybrid event with online sessions. It is an initiative of “Tokyo GX Week” toward realization of GX (Green Transformation) for transition to a clean energy-based economy, society and industrial structure, leading to decarbonization and economic growth.

Logo 1: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI1fl_Wa68eAlV.jpg 

Logo 2: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI2fl_h9MU3461.jpg 

Image 1: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI6fl_J16SPXKx.jpg 

Image 2: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI7fl_fMd9539f.jpg 

ICEF2024 is an international forum where world leaders from industry, academia and government discuss technological innovation, which holds the key to measures to address global warming. This year, a total of 13 sessions were held with the participation of approximately 1,700 persons from the public sector, international organizations, industry and academia in 93 countries and regions.

Opening Session – Greetings by ICEF Steering Committee Chair, TANAKA Nobuo: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI3fl_aVoebu23.jpg 

Special Dialogue on Net-Zero: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI4fl_N213GQ4G.jpg 

In the Keynote Sessions, the speakers presented a dialogue, lectures and a video message, focusing on innovation, which is necessary to advance toward achievement of carbon neutrality as the world continues to confront various difficulties.

Mr. Johan Rockstrom in Keynote Session 1: https://cdn.kyodonewsprwire.jp/prwfile/release/M106778/202410238641/_prw_PI5fl_VgdIZAwq.jpg 

In each session, the focus was on green innovation, which will be the key to solving the problem of global warming, under the main theme of “How to Live within the Planetary Boundaries of Green Innovation.” The topics discussed included planetary boundaries and the energy transition, climate change stabilization technologies such as carbon dioxide removal, hydrogen readiness and nuclear energy.
Video records of the sessions will be broadcast on the ICEF’s YouTube channel.
Official website: https://www.icef.go.jp/ 

In addition, a draft of the “Artificial Intelligence (AI) for Climate Change Mitigation 2.0” version roadmap was released. The final roadmap is to be released at COP29, which will be held in the Republic of Azerbaijan in November 2024.

For the details, please visit: https://kyodonewsprwire.jp/attach/202410238641-O1-6UH0C7NU.pdf 

View original content:https://www.prnewswire.com/apac/news-releases/report-on-11th-annual-meeting-of-innovation-for-cool-earth-forum-icef2024-302290917.html

SOURCE ICEF Secretariat

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Sentrycs and Third Eye Systems Partner to Deliver Next-Generation Drone Detection and Identification Solutions

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TEL AVIV, Israel, Oct. 30, 2024 /PRNewswire/ — Sentrycs, a leading innovator in C-UAS solutions, and Third Eye Systems, a renowned developer of advanced imaging solutions, announced a new strategic partnership. This collaboration brings together Sentrycs’ cutting-edge passive drone detection technology and Third Eye’s advanced Electro-Optic systems, delivering an unparalleled layer of drone identification and verification. By combining their expertise, the two companies are setting a new standard for enhanced airspace security solutions.  

“The collaboration between Sentrycs’ autonomous and zero false alarm drone detection capabilities and Third Eye’s state-of-the-art imaging technology serves as a true technological force multiplier,” said Yoav Zaltzman, Sentrycs CEO. “This partnership is yet another example of how interoperability and technological synergies significantly enhance multi-layered strategies, delivering a more accurate real-time aerial picture and allowing our customers to detect, identify, and neutralize threats with even greater precision.”  

This partnership leverages the complementary strengths of Sentrycs and Third Eye to deliver an end-to-end C-UAS solution, enhancing protection against unauthorized commercial UAVs. Sentrycs’ precise detection and tracking system seamlessly integrates with Third Eye’s imaging technology, allowing for real-time visual identification via thermal and VIS imaging. This integration offers fast and accurate classification of threats, distinguishing between UAVs, drones, birds, and other objects. It also enables users to identify whether a drone is carrying a payload, providing an additional layer of threat assessment. In multi-drone scenarios, the system enables users to prioritize and respond more effectively, while the Electro-Optic system automatically directs high-performance cameras toward detected UAVs for instant live imaging, ensuring quick and safe drone mitigation even in complex environments.  

“We are excited about this new collaboration with Sentrycs, combining our Edge AI expertise with their leading-edge detection systems,” said Lior Segal, Third Eye CEO. “Together, we provide a faster, more reliable way for operators to detect, classify, and respond to drone threats. This level of integration will save critical response time, which is vital in high-risk environments. It helps deal with the most complex threats whether deployed in urban areas, remote locations, or other high-risk sites, these integrated solutions are designed for rapid response under harsh conditions, ensuring operators can act quickly and effectively when it matters most.”   

Sentrycs and Third Eye share a commitment to providing cost-effective, high-performance solutions that meet the evolving needs of an ever-changing airspace security landscape.  Both systems are designed to be highly portable and easy to maintain, reducing operational costs while maintaining tactical readiness. With fast deployment, reliable results, and seamless integration, this solution provides the comprehensive protection needed to address the growing threat of unauthorized commercial drones and creates a significant technological advantage for operators in the field.  

About Sentrycs  Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative Protocol Analytics technology. Sentrycs field-proven solutions are designed to passively detect, track, identify, and where necessary, mitigate unauthorized drones. It is custom-built for various environments, including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way toward a safer and more secure drone-driven future.  

About Third Eye Systems Third Eye Systems, founded in 2010, is a pioneering provider of cutting-edge thermal and visual imaging solutions with a strong emphasis on the defense and security sectors. Known for its focus on Edge AI, Third Eye delivers advanced image processing technology that provides high-performance, real-time surveillance in all conditions. Third Eye’s solutions are designed to be reliable, man-portable, and operational 24/7, serving as battle-tested systems that set the standard in defense and security countermeasures.  

Media Contact:

Audelia Boker
VP of Marketing, Sentrycs
audelia.boker@sentrycs.com

Photo – https://mma.prnewswire.com/media/2543358/Sentrycs_ThirdEyeSystems_Partnership.jpg

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SOURCE Sentrycs

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