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Skyryse sells out Skyryse One First Edition reservations in first six months

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Reservations continue to be accepted

EL SEGUNDO, Calif., Oct. 31, 2024 /PRNewswire/ — Skyryse®, the creator of SkyOS™, the world’s first universal operating system for flight, today announced that reservations for the Skyryse One™ First Edition have officially sold out in just six months.

As the world’s first production helicopter to feature a single control stick and two touch screens, Skyryse One represents a landmark advancement in pilot control and safety. Early adopters secured their reservations for the First Edition at an exclusive introductory price of $1,800,000, excluding any additional customization options, underscoring the enthusiasm for this groundbreaking aircraft.

Skyryse continues to accept reservations at $2,500 for the base version of the Skyryse One aircraft, with final pricing to be based on customization and delivery preferences. Interested customers are encouraged to act quickly as Skyryse will honor current pricing based upon delivery year and placement on the reservation list.

“We are thrilled to see such remarkable interest in the Skyryse One First Edition,” said Jerry Meyer, Chief Marketing Officer at Skyryse. “Our goal is to open up access to aviation by making it safer and simpler to pilot any aircraft. The market response that we’ve received for Skyryse One demonstrates the demand for this technology and we will continue to keep the reservation program open for those who want to join the Skyryse family.”

Skyryse One’s advanced design offers a streamlined, highly intuitive experience, leveraging Skyryse’s proprietary SkyOS operating system for unprecedented control simplicity, operational safety, and pilot confidence. With reservations now available for the next edition of Skyryse One, customers continue to have the opportunity to become part of the movement that is transforming aviation.

To learn more about SkyOS, Skyryse One, and our mission to make aviation simpler and safer, please visit the Skyryse website.

About Skyryse

Founded in 2016, the mission of Los Angeles-based Skyryse® is to bring about a new era in flight, with a goal of zero fatalities, and where piloting any aircraft is simple and safe. Their proprietary SkyOS™ universal operating system for flight – which powers their first aircraft, the Skyryse One™ – gives pilots greater control by simplifying the management of an aircraft during standard flight operations, inclement weather, and emergencies. Skyryse has raised more than $300 million from leading investors, including Fidelity Management & Research Company, Monashee Investment Management, Positive Sum, ArrowMark Partners, Venrock, Eclipse Ventures, Cantos, Stanford University, and Bill Ford, Executive Chair, Ford Motor Company. For more information, visit www.Skyryse.com or watch videos of Skyryse in action on YouTube.

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SOURCE Skyryse

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BLUETTI Unveils Apex 300: Pre-Launch Access to Next-Gen Energy System Now Open

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The Apex 300 is built for a simple start—and ready to scale into a smarter energy ecosystem.

TORONTO, April 17, 2025 /CNW/ — BLUETTI, a leading innovator in clean energy storage, has officially opened the pre-order period for its new Apex 300 Energy Storage System (ESS), designed to meet the evolving demands of home backup, off-grid living, and mobile power. Early supporters can access exclusive perks through the BLUETTI pre-launch program running from April 16 to May 7 or join the Apex 300 Global Community. The product will officially debut on Indiegogo at 11:00 AM EDT on May 8.

 

The Apex 300 delivers 2,764.8Wh of capacity and 3,840W of continuous power in a compact, plug-and-play design. With dual 120V/240V output, it powers 99% of home appliances—from refrigerators and washing machines to power tools and air conditioners. It is the world’s first portable power station with 50A/12,000W pass-through capability and a true 0ms Uninterruptible Power Supply (UPS), making it ideal for both planned use and emergency response.

Thanks to its ultra-low 20W AC idle drain, the Apex 300 is one of the most efficient systems in its class. It significantly extends runtimes for fridges, CPAP machines, and other critical devices during blackouts. Built with second-generation automotive-grade LiFePO₄ battery cells, the system offers up to 17 years of dependable use.

What makes the Apex 300 stand out is its expandable ecosystem, including:

B300/B300S/B300K batteries – add more energy storageSolarX 4K Controller – supports 4,000W solar inputAT1 Smart Distribution Box – automates home energy useHub A1/Hub D1 – enable parallel or DC system upgrades

Fully scaled, a triple-unit Apex 300 system with 18 B300K batteries can reach up to 58,000Wh capacity and 11,520W output—enough to run a home for up to a week. It supports solar input up to 30,720W, integrates with existing rooftop inverters, and offers intelligent control via the BLUETTI App, including smart load prioritization and weather alert modes.

For off-grid or RV setups, the Apex 300 features NEMA TT-30R and 14-50R ports, standard AC outlets, and easy charging via solar panels, EV chargers, gas generators, or vehicle alternators.

About BLUETTI

Founded with a mission to deliver clean, accessible energy to everyone, BLUETTI has become a trusted energy storage brand in over 110 countries. Through programs like LAAF (Lighting An African Family), the company continues to innovate with purpose—bringing sustainable power to homes, remote cabins, and off-grid communities around the world.

Tara Fu
BLUETTI Marketing
pr@bluetti.com

SOURCE BLUETTI POWER INC

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Spectra7 Announces Approval of Parade Technologies Sale Transaction, Results of Annual Meeting

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SAN JOSE, Calif., April 17, 2025 /CNW/ — (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leader in high-performance analog semiconductors for broadband connectivity markets, such as AI networks, hyperscale data centers, and AR/VR, today announced results of its annual and special meeting of shareholders held on April 17, 2025 (the “Meeting”).

As part of the Meeting, the Company’s shareholders (the “Shareholders”) approved the proposed sale of substantially all of the assets of the Company (the “Sale Transaction”) pursuant to the terms of the previously announced asset purchase agreement dated March 7, 2025 between the Corporation and Parade Technologies, Ltd. (the “Purchase Agreement”). Shareholders also approved the proposed delisting of the Company’s common shares from the TSX Venture Exchange (the “TSXV”), conditional upon the approval and completion of the Sale Transaction.

The Sale Transaction is expected to close in the week following the Meeting, but remains subject to the satisfaction or waiver of the remaining conditions precedent set out in the Purchase Agreement. Please see the Company’s news release dated March 7, 2025 and the management information circular relating to the Meeting dated March 18, 2025 for a comprehensive description of the Sale Transaction and Purchase Agreement.

Shareholders also voted to:

authorize the creation of new Control Persons (as such term is defined in the policies of the TSXV) in connection with the exercise of outstanding pre-funded warrants of the Company;elect Raouf Halim, Omar Javaid, Roger Maggs, Christopher Morgan, and Ronald Pasek as directors; andappoint MNP, LLP, Chartered Accountants as auditor for the ensuing year.

ABOUT SPECTRA7 MICROSYSTEMS INC.

Spectra7 Microsystems Inc. is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers and other connectivity markets. Spectra7 is based in San Jose, California with a design center in Cork, Ireland and a technical support location in Dongguan, China. For more information, please visit www.spectra7.com. 

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

CAUTIONARY NOTES

Statements in this press release contain forward-looking information. Such forward-looking information may be identified by words such as “anticipates”, “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may” and “will”. The forward-looking statements included in this press release, including statements regarding the Sale Transaction and the receipt of necessary TSXV approvals and satisfaction of other closing conditions.

In respect of the forward-looking statements and information included in this press release, Spectra7 has provided such in reliance on certain assumptions that it believes are reasonable at this time, including assumptions as to the ability of the parties to the Purchase Agreement to receive, in a timely manner and on satisfactory terms, necessary approvals to complete the Sale Transaction and the ability of such parties to satisfy, in a timely manner, the other conditions to the closing of the Sale Transaction. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond Spectra7’s control. Such risks and uncertainties include but are not limited to: the risk that the Sale Transaction may not be completed on a timely basis, or at all; risks that the conditions to the consummation of the Sale Transaction may not be satisfied; the risk that the Sale Transaction may involve unexpected costs, liabilities or delays; the risk that, prior to the completion of the Sale Transaction, Spectra7’s business may experience significant disruptions, including loss of customers or employees, due to transaction-related uncertainty or other factors; the possible occurrence of an event, change or other circumstance that could result in termination of the Sale Transaction; risks that the Sale Transaction may have a negative impact on the market price and liquidity of the common shares of Spectra7; risks related to the diversion of management’s attention from the Company’s ongoing business operations; risks relating to the failure to obtain necessary TSXV approvals; risks related to trade tariffs and retaliatory trade measures, specifically between the United States and Canada; foreign exchange risk; and other risks inherent to completing a cross-border transaction of this nature. Further, failure to obtain the requisite approvals or the failure of the parties to otherwise satisfy the conditions to or complete the Sale Transaction, may result in the Sale Transaction not being completed on the proposed terms, or at all. In addition, if the Sale Transaction is not completed, and Spectra7’s business continues in its current form, the announcement of the Sale Transaction and the dedication of substantial resources to the completion of the Sale Transaction could have a material adverse impact on Spectra7’s share price, its current business relationships (including with future and prospective employees, customers and partners) and on the current and future operations, financial condition and prospects of Spectra7.

When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Readers are cautioned that the foregoing list of factors is not exhaustive. Details of additional risk factors relating to Spectra7 and its business, generally, are discussed under the heading “Business Risks and Uncertainties” in Spectra7’s Management’s Discussion & Analysis for the year ended December 31, 2024, a copy of which is available on Spectra7’s SEDAR+ profile at www.sedarplus.ca. These statements speak only as of the date of this press release. Except as otherwise required by applicable securities statutes or regulation, Spectra7 expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

For more information, please contact:

Matt Kreps, Managing Director
Darrow Associates Investor Relations
mkreps@darrowir.com
214-597-8200

Spectra7 Microsystems Inc.
Omar Javaid
Chief Executive Officer
ir@spectra7.com

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SOURCE Spectra7 Microsystems Inc.

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LIONSGATE AND LIONSGATE STUDIOS REMIND SHAREHOLDERS TO VOTE AT THE UPCOMING MEETINGS AND ANNOUNCE PROXY SUPPLEMENT

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SANTA MONICA, Calif. and VANCOUVER, BC, April 17, 2025 /PRNewswire/ — Lions Gate Entertainment Corp. (NYSE: LGF.A, LGF.B) (“Lionsgate”) and Lionsgate Studios Corp. (Nasdaq: LION) (“Lionsgate Studios”) today reminded shareholders to vote at the upcoming annual general and special meeting of shareholders of Lionsgate and special meeting of shareholders of Lionsgate Studios (the “Meetings”). The revised proxy materials are available on the SEC’s website at www.sec.gov.

Lionsgate and Lionsgate Studios are seeking shareholder approval to, among other things, effect the separation of the businesses of Lionsgate Studios, which encompasses the motion picture and television studio operations, from the other businesses of Lionsgate, including the STARZ-branded premium subscription platforms.

Lionsgate and Lionsgate Studios will hold the Meetings on April 23, 2025. Shareholders of record of Lionsgate and Lionsgate Studios as of at 5:30 p.m. (Eastern Time) on March 12, 2025 are entitled to vote at the Meetings in accordance with the joint proxy statement/prospectus. The board of directors for each of Lionsgate and Lionsgate Studios strongly recommend that shareholders vote “FOR” each of the proposals presented at the Meetings.

In addition, Lionsgate and Lionsgate Studios today announced the filing of a supplement to the joint proxy statement/prospectus, dated March 14, 2025, in connection with the Meetings.

If you need assistance in voting your shares or have questions regarding the Meetings, please contact Lionsgate’s and Lionsgate Studios’ proxy solicitor, MacKenzie Partners, Inc., at (800) 322-2885 (toll-free) or (212) 929-5500 (collect), or by email at lionsgate@mackenziepartners.com, if you are a shareholder of Lionsgate, or lgstudios@mackenziepartners.com, if you are a shareholder of Lionsgate Studios.

Additional Information and Where to Find It
This communication is being made in respect of the Transactions described in the Registration Statement on Form S-4 involving Lionsgate, Lionsgate Studios and Lionsgate Studios Holding Corp (“New Lionsgate”). In connection with the Transactions, Lionsgate filed with the SEC a Registration Statement on Form S-4 on March 13, 2025 and a Proxy Statement on March 14, 2025. Promptly after filing its Proxy Statement with the SEC, Lionsgate and Lionsgate Studios mailed the Proxy Statement and a proxy card to each shareholder of Lionsgate entitled to vote at the Meetings relating to the Transactions. This communication is not a substitute for the Proxy Statement or any other document that Lionsgate and Lionsgate Studios has filed or may file with the SEC or send to its shareholders in connection with the Transactions. INVESTORS, SECURITY HOLDERS AND OTHER INTERESTED PERSONS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT MATERIALS BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE TRANSACTIONS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT LIONSGATE, LIONSGATE STUDIOS AND THE TRANSACTIONS. The materials filed by Lionsgate and Lionsgate Studios are available to Lionsgate’s investors and shareholders at no expense to them and copies may be obtained free of charge by directing a request to Lionsgate at 2700 Colorado Avenue, Santa Monica, CA 90404, Attention: Investor Relations or at tel: (310) 449-9200. In addition, all of those materials are available at no charge on the SEC’s website at www.sec.gov and on SEDAR+ at www.sedarplus.ca.

Participants in the Solicitation
Lionsgate, Lionsgate Studios and certain of their directors, executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from its shareholders in connection with the Transactions. Information regarding the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of Lionsgate’s and Lionsgate Studios’ shareholders in connection with the Transactions is set forth in the Proxy Statement. Additional information regarding these individuals and any direct or indirect interests they may have in the Transactions is set forth in the Proxy Statement and other relevant documents that are filed or will be filed with the SEC in connection with the Transactions. You may obtain free copies of these documents using the sources indicated above.

Additional information regarding the interests of such individuals in the Transactions are included in the Proxy Statement. These documents may be obtained free of charge at the SEC’s website at www.sec.gov.

No Offer or Solicitation
This communication does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Transactions or (ii) an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase, any securities of Lionsgate, Lionsgate Studios or New Lionsgate. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom, nor shall any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction be affected. No securities commission or securities regulatory authority in the United States or any other jurisdiction has in any way passed upon the merits of the business combination or the accuracy or adequacy of this communication.

Forward-Looking Statements
The matters discussed in this communication include forward-looking statements. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including, but not limited to: changes in our business strategy; the substantial investment of capital required to produce and market films and television series; budget overruns; limitations imposed by our credit facilities and notes; unpredictability of the commercial success of our motion pictures and television programming; risks related to acquisition and integration of acquired businesses; the effects of dispositions of businesses or assets, including individual films or libraries; the cost of defending our intellectual property; technological changes and other trends affecting the entertainment industry; potential adverse reactions or changes to business or employee relationships; weakness in the global economy and financial markets, including a recession and past and future bank failures; wars, terrorism and multiple international conflicts that could cause significant economic disruption and political and social instability; labor disruptions and strikes; the inability of the parties to successfully or timely consummate the Transactions, including the approval of the requisite equity holders of Lionsgate and Lionsgate Studios is not obtained; the inability to receive court approval of the proposed plan of arrangement in connection with the Transactions; the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreements relating to the Transactions; failure to realize the anticipated benefits of the Transactions; the ability to recognize the anticipated benefits of the Transactions; the effect of the announcement or pendency of the Transactions on Lionsgate’s or Lionsgate Studios’ ability to retain key personnel and to maintain relationships with business partners; risks relating to potential diversion of management attention from Lionsgate’s and Lionsgate Studios’ ongoing business operations; negative effects of this announcement or the consummation of the Transactions on the market price of Lionsgate’s or Lionsgate Studios’ applicable equity securities and/or operating results; transaction costs associated with the Transactions; and the other risk factors set forth in Lionsgate’s and Lionsgate Studios’ most recent Quarterly Reports Form 10-Q and Annual Report on Form 10-K, and the risk factors that are set forth in the S-4. Neither of Lionsgate nor Lionsgate Studios undertakes any obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances.

About Lionsgate Studios
Lionsgate Studios (Nasdaq: LION) is one of the world’s leading standalone, pure play, publicly-traded content companies. It brings together diversified motion picture and television production and distribution businesses, a world-class portfolio of valuable brands and franchises, a talent management and production powerhouse and a more than 20,000-title film and television library, all driven by Lionsgate’s bold and entrepreneurial culture.

About Lionsgate
Lionsgate (NYSE: LGF.A, LGF.B) owns approximately 87% of the outstanding shares of Lionsgate Studios Corp. (Nasdaq: LION), one of the world’s leading standalone, pure play, publicly-traded content companies, as well as the premium subscription platform STARZ.

For investor inquiries, please contact:

Nilay Shah
nshah@lionsgate.com
310-255-3651

For media inquiries, please contact:

Laurel Pecchia
lpecchia@lionsgate.com
310-255-5114

View original content to download multimedia:https://www.prnewswire.com/news-releases/lionsgate-and-lionsgate-studios-remind-shareholders-to-vote-at-the-upcoming-meetings-and-announce-proxy-supplement-302431856.html

SOURCE Lionsgate; Lionsgate Studios

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