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GlassPoint and MISA unveil the next phase of development for the GlassPoint Ma’aden Technology Showcase

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Leader in decarbonizing industrial process heat also teams with Cox as technical and delivery partner to build the world’s largest industrial solar thermal project

RIYADH, Saudi Arabia, Nov. 26, 2024 /PRNewswire/ — GlassPoint, the leader in decarbonizing industrial process heat, today unveiled the next phase of development for the GlassPoint Ma’aden Technology Showcase (GMTS) in partnership with the Ministry of Investment of Saudi Arabia (MISA). In addition, GlassPoint has partnered with Cox as its technical and delivery partner to build the GMTS, as well as several additional solar thermal projects globally. The GMTS is the first stage in building the world’s largest industrial solar thermal project, Ma’aden I, a $1.5B project which will combine direct solar to heat technology with advanced thermal storage to accelerate the decarbonizing of Ma’aden’s aluminum supply chain.

To support these projects for Ma’aden and to export high technology renewable energy components to the region, Glasspoint and MISA will be constructing a state-of-the-art solar manufacturing facility in the Kingdom.

H. E. Khalid Al-Falih, the Saudi Minister of Investment, stated: “We are pleased to move forward with this important project with GlassPoint. This milestone advances us toward building a cutting-edge concentrated solar power-to-steam manufacturing facility in the Kingdom, which will build our leadership across the region while strengthening our economy and creating an independent supply chain.”

Bob Wilt, CEO of Ma’aden, stated: “Our Technology Showcase with GlassPoint is an important step toward large-scale decarbonization and is strongly in support of meeting the Kingdom’s net zero target by 2060. We are constantly looking at how we can drive operations and integrate technology that delivers more efficiently and more sustainably.”

Rod MacGregor, CEO of GlassPoint, stated: “We are proud to partner with the Kingdom of Saudi Arabia to develop not only the largest industrial solar thermal project in history, but also a pioneering technology showcase and solar manufacturing facility. Decarbonizing industrial heat is essential to manufacture low-carbon materials and meet net-zero commitments, representing a $444B market globally. Together with MISA, Ma’aden and Cox we are on our way to scale our proven solution to meet the scale of the opportunity.”

Enrique Riquelme, Executive Chairman at Cox, stated: “We are seeing rising demand for decarbonized heat around the world as industrial facilities seek to cost-effectively meet net-zero goals. GlassPoint stands out as offering the only solution proven at scale to reduce carbon emissions while delivering favorable economics. We look forward to working with them on this lighthouse project with MISA, as well as many more in our shared pipeline.”

The GMTS will feature several advanced technology developments from GlassPoint that enable industrial facilities to decarbonize heat by up to 70% while delivering cost parity with legacy gas-powered steam systems. Breakthroughs in anticlastic polymer membranes, high-performance Niobium mirrors, and ternary liquid salt have enabled the company to reduce parts count by 60% and weight by 75%. Together these enhancements, built on previous technology improvements revealed last year, have reduced the cost of the solar field by 30% and the cost of the thermal storage subsystem by 50%.

GlassPoint provides direct solar-to-heat technology that generates industrial process heat from sunshine without going through electricity as an intermediate step. The GMTS will use reflective mirrors inside a glasshouse to focus sunlight onto a pipe carrying liquid salt to capture energy from the sun. GlassPoint’s Unify storage system uses ternary liquid salts to provide a continuous base load of heat to Ma’aden’s refinery at Ras al Khair, which refines bauxite ore into alumina, a core ingredient for aluminum production. The solution will provide for complete optionality, enabling Ma’aden to complement solar steam with gas, biomass, electricity, hydrogen or any other fuel as those technologies mature.

The GMTS will provide 1% of the steam required by Ma’aden’s bauxite refinery at Ras Al Khair; when complete, the entire project will provide 65% of the steam and reduce carbon emissions by 600,000 tons per year, the equivalent of taking nearly 130,000 cars off the road. The project supports MISA’s Global Supply Chain Resilience Initiative to diversify supply chains, as well as the Kingdom’s Saudi Vision 2030 plan to strengthen the economy and the Saudi Green Initiative to accelerate the Kingdom’s environmental leadership.

GlassPoint’s factory in Saudi Arabia will create over 200 green factory jobs in the Kingdom, and export renewable energy components to the GCC, North Africa and Southern Europe, helping the Kingdom expand its non oil & gas economy.

Application of GlassPoint’s technology at Ma’aden and beyond helps decarbonize the Saudi industrial base, reduce domestic gas consumption and decrease the carbon footprint of hard-to-abate industries.

About GlassPoint
GlassPoint is the leader in decarbonizing the $444B industrial process heat market. By focusing on reducing emissions associated with the production of materials essential to the energy transition, GlassPoint is making a substantial impact on combating climate change. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, desalination and more.

GlassPoint is the only solution proven at scale to reduce carbon emissions from industrial process heat and has built more than half of the industrial solar steam capacity in the world. Learn more at glasspoint.com.

About Cox
Listed in Spain, Cox is a vertically integrated global water and energy utility that applies innovative technological solutions for sustainable development.

The company is a world leader in the conservation and efficient management of water resources, specializing in desalination, reuse and treatment technologies, as well as a major player in the generation and transmission of green energy, circular economy and new energy vectors. Learn more at grupocox.com. 

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Ben Kunz Promoted to Chief Strategy Officer of Mediassociates

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Brings focus on predictive analytics and AI research to advertising media campaigns

SANDY HOOK, Conn., Nov. 26, 2024 /PRNewswire/ — Recently, Mediassociates—a leading media planning, buying, and marketing analytics agency—announced the promotion of Ben Kunz to Chief Strategy Officer. Ben has been with the agency for nearly two decades, most recently serving as Executive Vice President, where he managed the agency’s client strategy and business development teams.

Ben Kunz Promoted to Chief Strategy Officer of Mediassociates

In his new role, Ben will lead marketing client strategy and product/service development at the agency, focusing on guiding the strategic direction of Precision Branding, Mediassociates’ unique approach to media buying and analytics. Ben was a driving force behind the agency’s Precision Branding methodology, which integrates upper- and lower-funnel advertising communications with new data signals about consumer and B2B prospect behavior, leading to more effective marketing outcomes. In addition, Ben will spearhead several key initiatives the agency including evolving its next generation PrecisionBranding.AI platform for improved ad campaign planning, testing, and forecasting, as well as developing innovative data strategies to help marketers connect with future customers.

A former management consultant and nationally published columnist, Ben has established himself as a prominent voice in media innovation, artificial intelligence and behavioral economics. Ben was an early champion of digital transformation in our industry and the shift to mobile. His insights have been featured in publications such as Ad Age, Forbes, Adweek, BusinessWeek, The Atlantic, and The Wall Street Journal. Additionally, he is a sought-after speaker at industry events, including the DMA Awards and SXSW.

“Ben is always 20 moves ahead in his thinking. With his foresight and expertise in tech and media trends, Ben is the ideal leader to elevate strategic thinking for our clients and our team,” said Jeff Larson, CEO of Mediassociates. “His track record of predicting industry shifts and his innovative approach to client solutions will be instrumental in driving the next phase of our growth.”

Throughout his tenure at Mediassociates, he has played a central role in building client success, launching the agency’s analytics, programmatic, predictive modeling, and AI practices. This has contributed to over 400% growth over the past decade.

“It’s an exciting time to be a leader in media,” Kunz said. “With advertising platforms changing almost daily and artificial intelligence building power and speed in campaign planning, I look forward to bringing new solutions forward for our clients and creative-agency partners.”

In his personal time, Ben is dedicated to cancer research fundraising, enjoys hiking in Iceland with his wife, and is passionate about photography.

About Mediassociates

Mediassociates is a leading independent, full-service media agency headquartered in Sandy Hook, CT. Since its founding in 1996, the agency has experienced remarkable growth, expanding threefold since 2020. With $275 million in media billings and a dedicated team of 102 employees, Mediassociates is positioned to be both nimble and scalable. The agency serves a national client base, partnering with mid-market companies to drive growth and leverage media as a competitive advantage. Mediassociates is a proud member of the Worldwide Partners Independent Agency Network and has received numerous industry accolades, including being recognized as a Best Place to Work by Ad Age, listed among the Fastest Growing Agencies by Adweek, honored as Media All-Stars by MediaPost, and designated a Premier Partner by Google.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ben-kunz-promoted-to-chief-strategy-officer-of-mediassociates-302316662.html

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LeafLink Acquires Wholesale Marketplace Leaf Trade

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Combined companies are estimated to facilitate nearly $9 billion in wholesale gross merchandise value (GMV) yearly

Acquisition further streamlines technology tools available for cannabis operators to run their businesses more efficiently

LeafLink’s suite of cannabis solutions now includes B2B Marketplace tools, business banking, payment options like Payment on Sell-Through, data insights, B2B advertising, and retailer tools

NEW YORK, Nov. 26, 2024 /PRNewswire/ — LeafLink, the nation’s leading cannabis wholesale platform, today announced it has acquired Leaf Trade, a wholesale marketplace primarily used by multi-state operators (MSOs) and enterprise cannabis companies.

With this deal, LeafLink will support the full spectrum of cannabis businesses, from small brands and retailers to MSOs, with robust marketplace offerings and industry-leading tools. The LeafLink and Leaf Trade technology platforms will operate as-is without disruption while a full integration roadmap is rolled out.

“Leaf Trade has been the clear industry leader serving the MSO and enterprise segment and we are thrilled to welcome the Leaf Trade team to LeafLink. We look forward to working closely with our new customers and providing integrated technology solutions that allow them to run their businesses more efficiently,” said Artie Minson, President and CEO of LeafLink. “Our mission at LeafLink is to help the regulated cannabis industry reach its greatest potential. We’re doing this by providing products and implementing standards that significantly streamline operational processes and meaningfully improve financial performance. Streamlining the technology stack is critical to ensuring the industry’s long-term success and we are thrilled to be partnering with the industry’s largest companies in pursuit of this goal.”

“This acquisition is an incredible win for our team, our customers, and the advancement of the cannabis industry. The Leaf Trade team has done a tremendous job driving significant growth while achieving profitability. With LeafLink’s acquisition of Leaf Trade, we’re unifying our strengths to create even more innovative solutions that drive growth and value across the supply chain. We are excited that our customers will now be able to leverage some of the major product investments that LeafLink has made recently,” said Brian Ward, CEO of Leaf Trade. “Sweed, a partner of Leaf Trade under High Tech Holdings, will remain an independent business, which allows us to reinvest in its growth and continue building on the tremendous momentum we’ve achieved. By leveraging our strategic partnership with LeafLink, Sweed will deliver smarter tools that empower our customers to drive growth and streamline operations.”

This past year, LeafLink has gained significant momentum behind its product portfolio with a suite of new tools. These new additions include Payment on Sell-Through, an industry-first fintech tool that tackles delinquent payments and enhances LeafLink’s existing payment tools; LeafLink Plus, a subscription service that includes detailed inventory analytics; and enhanced access to reliable, compliant, and safe cannabis business banking on the LeafLink platform via the acquisition of Dama Financial. These new products complement and enhance LeafLink’s existing product suite, which includes marketplace tools, targeted advertising, SaaS integrations, logistics software, and market insights.

As a result of strong performance, organic growth opportunities, and its focused mission to be the B2B operating system for the regulated cannabis industry, LeafLink recently upsized its Series D fundraising round from $100 million to $125 million. Investors in the Series D financing include CPMG, Nosara, L2 Ventures, Thrive Capital, and Tiger Global.

Contact: Press@LeafLink.com

About LeafLink
Founded in 2016, LeafLink is the wholesale cannabis industry’s leading B2B technology platform helping thousands of customers in 30+ markets. LeafLink believes that better access to modern financial services will propel the industry towards sustainable growth. In July of 2024, LeafLink announced the acquisition of leading cannabis banking platform Dama Financial in order to provide access to safe, reliable, and compliant banking. In 2024, LeafLink was included in the Fast Company, Best Workplaces for Innovators List in the Banking, Finance, and Fintech category and was also awarded Green Market Report’s Best Cannabis Fintech

About Leaf Trade
Leaf Trade, a pioneering wholesale cannabis platform, is transforming how the industry connects cultivators, distributors, and retailers. By streamlining the supply chain and integrating with top industry systems, Leaf Trade ensures efficient and compliant transactions. With a significant presence in over 25 states and trusted by many of the largest cannabis operators, Leaf Trade stands out as a reliable and innovative solution for the cannabis market.

About Sweed
Sweed is redefining cannabis retail management with its cohesive platform, seamlessly combining Point of Sale, eCommerce, and Marketing & Loyalty solutions. As the original enterprise-grade platform purpose-built for multi-location scalability, Sweed empowers retailers to efficiently manage sales, customer engagement, marketing, and inventory — all from one system. By delivering a tailored, data-driven experience without relying on external integrations, Sweed enables cannabis retailers to drive growth and deliver exceptional customer experiences. For more information, visit https://sweedpos.com/.

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Unlock Laser Engraving Excellence: Monport’s Biggest Black Friday Sale

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NEW YORK, Nov. 26, 2024 /PRNewswire/ — Monport Laser is rolling out its highly anticipated Black Friday Blowout Sale, offering up to $6,000 in savings on top-tier laser engraving machines. The Black Friday sale, which runs from November 5 to December 5, 2024, includes massive discounts, exclusive bundle deals, and free gift offers for customers looking to upgrade their engraving capabilities.

Monport’s Black Friday sale is packed with unbeatable offers for both new and seasoned laser engraving enthusiasts. Whether you’re a hobbyist, small business owner, or professional looking to upgrade, Monport’s extensive sale has something for everyone. Customers can take advantage of massive savings, including up to $6,000 off on select machines, and enjoy special bundle offers that provide even more value.

Key Deals:

Up to $6,000 Off on top Monport Laser Engravers: Monport’s top models, including the Reno Pro and Mega Laser, are available at incredible discounts, ensuring customers can get high-quality, professional-grade machines at the best prices of the year.Buy More, Save More with Bundle Offers: Shoppers can save even more by purchasing laser engraver bundles, which include essential accessories and materials at discounted prices.Limited-Time Free Gift: For a limited time, customers who purchase any laser engraver will receive a gift card up to $300, perfect for future upgrades, accessories, or materials.60-Day Price Guarantee: Monport ensures customers get the best deal by offering a 60-day price guarantee, promising the lowest price available during the promotion.

For a limited time, customers who purchase any laser engraver will receive a gift card up to $300, which can be used for future upgrades or materials. Additionally, Monport is offering a 60-day price guarantee, ensuring buyers get the best price during the Black Friday promotion period.

The Monport Black Friday Sale also includes discounts on engraving materials and accessories, with savings of up to 20%. Whether a beginner or a seasoned pro, there’s a machine or accessory to suit every need, from small business owners to laser engraving enthusiasts.

Exclusive Online Livestream Events

In celebration of the Black Friday sale and the launch of the Monport MEGA Laser, Monport is hosting three livestream events featuring product demos, engraving tips, and Q&A sessions with experts. The Black Friday livestreams will also offer a chance to win prizes like LightBurn software licenses and air purifiers.

Livestream Schedule:

November 25, 2024, at 8 PM CST: Hosted by GregNovember 27, 2024, at 8 PM CST: Hosted by CasonNovember 29, 2024, at 3 PM PST: Hosted by Brett

During these Black Friday livestream events, viewers will see the capabilities of the Monport Reno Pro, learn engraving techniques, and get a sneak peek of the Mega Laser’s advanced features. Prizes will be awarded to participants who engage during the livestreams.

Shop Now for Unbeatable Savings

Monport Laser urges customers to act quickly to secure the best deals of the year. With exclusive discounts, special bundles, and live event giveaways, the Monport Black Friday Blowout Sale is the perfect opportunity to invest in laser engraving equipment or expand an existing setup.

For more details and to shop the full range of discounts, visit Monport Laser’s Black Friday Sale.

Shop now and get exclusive savings—limited time only!

About Monport Laser
Monport Laser is a leading provider of high-quality laser engraving machines and accessories, offering innovative solutions for hobbyists, small businesses, and professionals. Known for cutting-edge technology and exceptional customer service, Monport continues to set the standard in the laser engraving industry.

 

 

View original content:https://www.prnewswire.com/news-releases/unlock-laser-engraving-excellence-monports-biggest-black-friday-sale-302316668.html

SOURCE Monport Laser

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