MLU

Space Florida Awards Mobilicom Follow-On $250,000 Grant Extending Successful R&D Program

Retrieved on: 
Thursday, September 28, 2023

Mobilicom is developing a Multi-Link (MLU) communications system that incorporates three concurrent transmitting transceivers (SDR/Cellular/Satellite) for auto redundancy to address U.S. civil drone regulations.

Key Points: 
  • Mobilicom is developing a Multi-Link (MLU) communications system that incorporates three concurrent transmitting transceivers (SDR/Cellular/Satellite) for auto redundancy to address U.S. civil drone regulations.
  • “Following our very successful and productive collaboration with Space Florida over the past year, this new grant underscores the value that Mobilicom brings to the innovation process in the rapidly evolving drone industry.
  • By integrating satellite connectivity, Mobilicom is creating additional redundancy to address market needs for long-range drone delivery and inspection operations with ‘always-connected-anywhere’ capability,” stated Mobilicom CEO Oren Elkayam.
  • Space Florida provides business financing opportunities for the aerospace industry, manages infrastructure investment in the state’s spaceport system, and facilitates research and development, workforce, education, and investment programs.

Yandex acquires Uber’s remaining stake in mobility joint venture

Retrieved on: 
Friday, April 21, 2023

On April 21, 2023, Yandex N.V. (“Yandex”) entered into an agreement (the “Agreement”) with Uber NL Holdings 1 B.V. (“Uber”), a subsidiary of Uber Technologies Inc., pursuant to which Yandex agreed to purchase, and Uber agreed to sell, Uber’s entire remaining interest in the parties’ mobility joint venture, MLU B.V. (“MLU”).

Key Points: 
  • On April 21, 2023, Yandex N.V. (“Yandex”) entered into an agreement (the “Agreement”) with Uber NL Holdings 1 B.V. (“Uber”), a subsidiary of Uber Technologies Inc., pursuant to which Yandex agreed to purchase, and Uber agreed to sell, Uber’s entire remaining interest in the parties’ mobility joint venture, MLU B.V. (“MLU”).
  • Yandex acquired Uber’s entire remaining 28.98% interest in MLU for total consideration in cash of $702.5 million (the “Transaction”).
  • The Transaction was not subject to the approval of the shareholders of either Uber or Yandex.
  • The Agreement superseded and was in lieu of the call option Uber granted to Yandex under a Framework Agreement dated September 7, 2021 (the “Call Option”).

Quarterly Activities Report: July – September 2022

Retrieved on: 
Monday, October 31, 2022

SHOHAM, Israel, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Mobilicom Limited (Mobilicom or the Company, ASX: MOB) is pleased to provide this activity update for the quarter ended September 30, 2022 (Q3 FY22), along with the Company’s Appendix 4C cash flow report.

Key Points: 
  • In addition, the SkyHopper COMBO can scale for simultaneous use of small drone fleets by multiple teams in multiple locations.
  • Commenting on the Companys Q3 2022 performance, Mobilicom CEO Oren Elkayam said, Mobilicoms dual listing on the NASDAQ is game changing for our growth trajectory.
  • In September 2022, Mobilicom launched a new corporate website to better educate customers, partners and investors on its technology, product offering, applications, and addressable markets.
  • Mobilicom had a confirmed order backlog of A$790,000 at the end of September 2022.

MoneyLion Partners with NFL Player and University of Pennsylvania Lecturer Brandon Copeland to Launch MoneyLion University

Retrieved on: 
Monday, October 24, 2022

MoneyLion has partnered with NFL player and University of Pennsylvania (UPenn) Lecturer, Brandon Copeland, to bring a compelling curriculum centered around real-world money education and skills to consumers nationwide.

Key Points: 
  • MoneyLion has partnered with NFL player and University of Pennsylvania (UPenn) Lecturer, Brandon Copeland, to bring a compelling curriculum centered around real-world money education and skills to consumers nationwide.
  • MLU will fill in the current education gaps, bringing premium edutainment to customers in a way that has never been done before.
  • Understanding how customers want to consume content, the company will kick off MLU with Copeland, otherwise known as Professor Cope and newly minted Dean of MLU.
  • Our elevated mobile app feed and launch of MoneyLion University at the end of this year is the innovation needed to help us deliver on this promise.

Mobilicom Awarded New Grant from Space Florida

Retrieved on: 
Thursday, September 29, 2022

New R&D grant awarded by Space Florida for the development of triple link redundancy communications meant to improve the operation of drone platforms, in order to address new US drone regulations

Key Points: 
  • New R&D grant awarded by Space Florida for the development of triple link redundancy communications meant to improve the operation of drone platforms, in order to address new US drone regulations
    This grant marks increasing collaboration with Censys Technologies, a US-based drone manufacturer.
  • Shoham, Israel, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Mobilicom Limited (Mobilicom or the Company, NASDAQ: MOB) a provider of cybersecurity and smart solutions for drones, robotics & autonomous platforms announced todaythat the Company has been awarded a new research and development grant under the Space Florida innovation project, reflecting its industry-leading expertise in communication solutions for unmanned drones and robotics.
  • This grant follows a previous grant that Mobilicom has received from the Space Florida Innovation Program.
  • Mobilicom CEO Oren Elkayam said, Our new Space Florida grant signals the increasing recognition of our capability and expertise within the US unmanned systems community.

Torex Gold Reports Updated Media Luna Resource Estimate

Retrieved on: 
Monday, February 28, 2022

TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company”) (TSX: TXG) announces an updated Mineral Resource estimate for the Media Luna project, which now consists of a gold equivalent1 (“AuEq”) Indicated Resource of 4.39 million ounces (“Moz”) at an average grade of 5.38 grams per tonne (“g/t”). This reflects a 24% increase in contained AuEq metal in the Indicated Resource category compared to the April 30, 20212 resource estimate of 3.54 Moz AuEq at a grade of 5.27 g/t. Of the current Indicated Resource, 60% of the gold equivalent estimate is attributable to gold (“Au”), 33% to copper (“Cu”) and the remainder to silver (“Ag”).

Key Points: 
  • Notes to Mineral Resource Estimate Table:
    1) The effective date of the estimate is April 30, 2021.
  • Inclusion of metallurgical recoveries in addition to metal prices in the calculation of AuEq estimates is aligned with the methodology used within the October 31, 2021 Mineral Resource estimate for Media Luna.
  • The October 31, 2021 Mineral Resource estimate is based on data from 692 core drill holes (approximately 316,500 metres) drilled since 2012 within the Media Luna resource area.
  • At the Companys Morelos Gold Property, all the Media Luna project drill core is logged and sampled at the core facility within the project camp under the supervision of Nicolas Landon, Chief Exploration Geologist for the Media Luna project.

EQS-News: Yandex Announces Completion of Restructuring of its Taxi Group Assets

Retrieved on: 
Tuesday, December 21, 2021

The restructuring was completed in two stages:

Key Points: 
  • The restructuring was completed in two stages:
    The acquisition by Yandex of Uber's 18.2% interest in Self Driving Group and a 4.5% interest in MLU, which completed in September 2021;
    The acquisition of Uber's interest in the demerged businesses Yandex.Eats, Yandex.Lavka and Yandex.Delivery, which completed on December 21, 2021.
  • Yandex (NASDAQ and MOEX:YNDX) is a technology company that builds intelligent products and services powered by machine learning.
  • Our goal is to help consumers and businesses better navigate the online and offline world.
  • Yandex, which has over 30 offices worldwide, has been listed on NASDAQ since 2011 and on Moscow Exchange since 2014.

Michigan Institute of Urology (MIU) Joins Solaris Health, Nation’s Largest Urological Services Provider

Retrieved on: 
Monday, November 8, 2021

Solaris Health Holdings announced today that Michigan Institute of Urology (MIU), serving southeastern Michigan, has joined as an affiliate practice.

Key Points: 
  • Solaris Health Holdings announced today that Michigan Institute of Urology (MIU), serving southeastern Michigan, has joined as an affiliate practice.
  • Other members of Solaris, the nations leading provider of independent urological services, include metropolitan New York-based Integrated Medical Professionals (IMP), Cincinnati-based The Urology Group (TUG) and Philadelphia-based MidLantic Urology (MLU).
  • The newest Solaris affiliate, MIU, is the most advanced private urology practice in Michigan with 60 providers delivering state-of-the-art care in 19 locations.
  • Michigan Institute of Urology is one of the largest independent urologic sub-specialty groups in the United States, with 19 offices located throughout southeast Michigan.

GeneThera Inc. Enters into an exclusive real estate agreement with Cushman & Wakefield related to the ZIDAS project

Retrieved on: 
Tuesday, October 12, 2021

Tony Milici, MD, PhD, Chairman and CEO of GeneThera Inc., stated; This is the beginning of our global effort to build ZIDAS surveillance system.

Key Points: 
  • Tony Milici, MD, PhD, Chairman and CEO of GeneThera Inc., stated; This is the beginning of our global effort to build ZIDAS surveillance system.
  • Cushman & Wakefield has years of experience working with biotechnology companies such as GeneThera and understands how important site selection is to the overall business.
  • Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.
  • Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries.

Advanced Urology Associates (AUA) Joins Solaris Health, Nation’s Largest Urological Services Provider

Retrieved on: 
Wednesday, October 6, 2021

Solaris Health Holdings announced today that Advanced Urology Associates (AUA), Joliet, IL, has joined as an affiliate practice.

Key Points: 
  • Solaris Health Holdings announced today that Advanced Urology Associates (AUA), Joliet, IL, has joined as an affiliate practice.
  • Other members of Solaris, the nations leading provider of independent urological services, include metropolitan New York-based Integrated Medical Professionals (IMP), Cincinnati-based The Urology Group (TUG), Philadelphia-based MidLantic Urology (MLU), and Chicago-based Associated Urological Specialists (AUS).
  • The addition of AUA, the third prominent practice to join the Solaris team this year, signals dynamic growth and extends our status as the nations largest independent urological services provider, said Eric Mason, MD, MBA , Solaris Health CEO.
  • Advanced Urology Associates (AUA) has provided exceptional urological care for the Chicagoland area for over 40 years.