investing « AGORACOM Small-cap Investor Relations Blog

Posts Tagged ‘investing’

KWESST $KWE.ca Announces C$1.1 Million Follow-on Order For TASCS IFM From Key U.S. Military Customer $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 7:41 AM on Monday, December 14th, 2020

Announced a follow-on order for approximately C$ 1.1 million with a key U.S. military customer to expand use of the Company’s TASCS IFM system in military exercises, a key precursor to wider adoption
contract is for application of the TASCS IFM system on the 81mm mortar platform, which transforms it into a “smart” weapon system with greater accuracy and faster response time, improving soldier survivability and operational effectiveness.
Work under the order is scheduled to commence immediately.
Founder, President and CEO Jeff MacLeod commented that, “This marks another key validating milestone in a market where TASCS IFM on the 81mm mortar alone could ultimately be worth up to C$120 million in the U.S. and another C$400 million worldwide, given the large installed base of 81mm mortars in service with so many NATO and allied military forces.”

Ottawa, Ontario–(December 14, 2020) – KWESST Micro Systems Inc. (TSXV: KWE) (“KWESST” or “the Company”) today announced a follow-on order for approximately C$ 1.1 million with a key U.S. military customer to expand use of the Company’s TASCS IFM system in military exercises, a key precursor to wider adoption.

The contract is for application of the TASCS IFM system on the 81mm mortar platform, which transforms it into a “smart” weapon system with greater accuracy and faster response time, improving soldier survivability and operational effectiveness. Work under the order is scheduled to commence immediately.

KWESST Founder, President and CEO Jeff MacLeod commented that, “This marks another key validating milestone in a market where TASCS IFM on the 81mm mortar alone could ultimately be worth up to C$120 million in the U.S. and another C$400 million worldwide, given the large installed base of 81mm mortars in service with so many NATO and allied military forces.”

KWESST previously announced the completion of an earlier two-phase initial contract with the same customer that marked the introduction of TASCS IFM on 81mm mortars in military exercises. “It is very encouraging to see the accelerated pace at which this important customer is expanding the use of TASCS IFM in its field exercises, and their confidence in KWESST,” added MacLeod. “It is an honor to be working with them to enhance soldier survivability and effectiveness, which is our core mission.”

As previously announced, the TASCS IFM system has attracted interest from other NATO forces who have requested proposals from KWESST, which the Company is currently actioning. “The fact that the TASCS IFM confers so many modernization advantages without any modification to weapon platforms or munitions is a huge attraction,” said MacLeod.

He added that, “The 81mm mortar is just one of many different weapon platforms that can be transformed into a smart system with TASCS IFM, providing soldiers on the ground with real-time networked situational awareness and precision targeting information.” Accordingly, KWESST is pursuing additional global markets for the TASCS IFM, which can also work on platforms such as: 60mm mortars; grenade launchers; sniper rifles; drones; electronic decoys; and more, with a total addressable market of more than C$1 billion.

About KWESST

KWESST develops and commercializes high-value ultra-miniaturized technology applications that make a critical difference to the safety and operational effectiveness of personnel in the defence and security industries. The company’s current portfolio of unique proprietary offerings include: its signature TASCSTM (Tactical and Situational Control System) for real-time awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons; the autonomous GreyGhostTM soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact; a Ground Laser Defence system to counter the emerging threat of weaponized lasers against personnel; and, the PhantomTM electronic battlefield decoy system to mask the electromagnetic signature of friendly forces with decoy signatures at false locations to deceive and confuse adversaries. All systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems including Frontline, Edge, Killswitch and ATAK (Android Tactical Assault Kit) among others. KWESST also has developmental “smart ordnance” projects including its “Shot Counter” system, which records the number and type of rounds fired, for optimized firearms maintenance and performance. The Company is headquartered in Ottawa, Canada, with representative offices in Washington, DC, London, UK and Abu Dhabi, UAE. KWESST trades on the TSX Venture Exchange under the symbol KWE.

Contact: Jason Frame, Investor Relations: [email protected]

For more information, please visit https://kwesst.com/

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the plans and operations of KWESST. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. KWESST disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither 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 news release.

Image: TASCS IFM System on M252 (81mm)

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/7366/70148_ccd0de0d64153b68_001full.jpg

Tags: CSE, defense stocks, investing, military, Samsung, small cap stocks, stocks, TASCS
Posted in KWESST Micro Systems Inc. | Comments Off on KWESST $KWE.ca Announces C$1.1 Million Follow-on Order For TASCS IFM From Key U.S. Military Customer $WRTC $BYRN.ca $PAT.ca $POWW

Universal PropTech Inc. $UPI.ca Names Frank Carnevale as Chief Growth Officer $SNE $MSFT $HON $SONA.ca

Posted by AGORACOM-JC at 4:24 PM on Tuesday, December 1st, 2020

Announced the appointment of Mr. Frank Carnevale as Chief Growth Officer.
Mr Carnevale is the former Chief Operating Officer of the Company, and is returning to focus on acquisitions, investments, organic growth strategies and execution to improve the overall value of the Company.
Mr. Carnevale will work closely with the CEO, Mr. Chris Hazelton, in delivering an aggressive growth program over the coming months.

Toronto, Ontario–(December 1, 2020) – Universal PropTech Inc. (TSXV: UPI) (“the Company”) is pleased to announce the appointment of Mr. Frank Carnevale as Chief Growth Officer.

Mr Carnevale is the former Chief Operating Officer of the Company, and is returning to focus on acquisitions, investments, organic growth strategies and execution to improve the overall value of the Company. Mr. Carnevale will work closely with the CEO, Mr. Chris Hazelton, in delivering an aggressive growth program over the coming months.

Mr. Carnevale is an award-winning CxO, industry thought leader, and has originated over $2.5 billion in energy transactions in regulated and unregulated energy service companies. He served as an Executive Board Member of the Energy Council of Canada from 2017 to 2019. He also served as a Board Member of the Council for Clean & Reliable Electricity, and the Ontario Energy Association.

“I see tremendous opportunities to improve the value of facilities by integrating proptech innovation with design, operations, and all in a very holistic customer-centric approach,” commented Frank Carnevale, Chief Growth Officer of Universal PropTech Inc.

“We are excited to have Frank back with us to aggressively grow our businesses,” stated Chris Hazelton, Chief Executive of Officer of Universal PropTech Inc. “He brings a unique perspective on how to take our share of the ongoing transformation in proptech and energy.”

About Universal PropTech Inc.

Universal PropTech Inc. (TSXV: UPI), conducts its operations through its wholly-owned subsidiary, VCI Controls Inc. (“VCI”), a leading supplier and integrator of proptech healthy building solutions and services. The Company is an industry leader in the development of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, Universal PropTech has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com

Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Forward-looking statements, specifically those concerning future performance and other statements that are not historical fact, are subject to certain risks and uncertainties, and actual results may differ materially from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange (the “Exchange”) and securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Trading in the securities of the Company should be considered highly speculative. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.

Neither the Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

CONTACT INFORMATION

Universal PropTech Inc.

Chris Hazelton

Chief Executive Officer

(647) 300-2957

Tags: AI, Big data, Cloud Computing, Delta-X Global Corp., investing, IOT, PropTech, small cap stocks, stocks, tsx, tsx-v
Posted in Universal PropTech Inc. | Comments Off on Universal PropTech Inc. $UPI.ca Names Frank Carnevale as Chief Growth Officer $SNE $MSFT $HON $SONA.ca

UPDATE – Else Nutrition $BABY.ca $BABYF Reports Third Quarter 2020 Results $BYND $VERY.ca $INGR $VEGN $TOFB

Posted by AGORACOM-JC at 10:03 AM on Tuesday, December 1st, 2020

http://blog.agoracom.com/wp-content/uploads/2020/03/else-square-150x150.png

Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.
In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, growing the brand awareness and obtaining the funding necessary for full-scale commercialization of the product line.
The Company completed the first two (2) commercial manufacturing runs of Else Complete Nutrition for Toddlers powder product.The Company launched online sales in North America on www.elsenutrition.com and on Amazon.com.
In October, the Company completed a C$25.7 million financing (the financing closed on October).

VANCOUVER, BC , Nov. 30, 2020 – ELSE NUTRITION HOLDINGS INC. (TSXV: BABY ) (OTCQX: BABYF ) (FSE: 0YF ) (“Else” or the “Company”) the plant-based baby, toddler and children nutrition company , today announced results for its third quarter ended September 30, 2020 .

The following will summarize our major achievements in the third quarter of 2020, as well as our business. Full financial results can be found in the Company News section of our website at https://elsenutrition.com/pages/investor-relations .

Q3 2020 Financial Highlights

Else has achieved both a quality product and has established production lines in anticipation of significant ramp-up in sales during 2021.
In Q3 the company focused on: preparing the product for an initial soft launch into the U.S. markets via online and in retail channels, growing the brand awareness and obtaining the funding necessary for full-scale commercialization of the product line.
The Company completed the first two (2) commercial manufacturing runs of Else Complete Nutrition for Toddlers powder product.
The Company launched online sales in North America on www.elsenutrition.com and on Amazon.com.
In October, the Company completed a C$25.7 million financing (the financing closed on October).
Operating loss was C$2,779 thousand , compared to C$1,056 thousand in the third quarter of 2019.
Net loss was C$3,930 thousand , or C$0.05 per share, compared to C$1,058 thousand , or C$0.02 per share in the third quarter of 2019.
Cash flow used for operating activities was C$2,965 thousand , compared to C$2,089 thousand in the third quarter of 2019.
Cash position was C$5.1 million as of September 30, 2020 (does not reflect the October financing for C$25.7 million ).

Nine Months Financial Highlights

The company started its operation in June 2019 so there are no comparable figures from 2019.

Operating loss was C$5,578 thousand .
Net loss was C$10,076 thousand , or C$0.13 per share.
Cash flow used for operating activities in the first nine months of 2020 was C$5,612 thousand .

Hamutal Yitzhak , Else CEO, commented: “I am very proud of our achievements this quarter. Although COVID-19 caused a slowdown on many fronts, we succeeded to complete two commercial manufacturing runs, package our product, launch our marketing campaign and start selling our revolutionary Plant-Based Complete Nutrition for Toddlers product in North America on our e-store and on Amazon.com. We also made significant progress on many other fronts, including the hiring of several retail brokers, listing on several natural food retail chains, onboarding to KeHE distributors, product development, clinical research, and more. By the end of the quarter we also completed our third and largest funding round ( C$25.7 million ), securing funds for operations for the next 18 months. We are very happy with the growth rate of our online sales since we launched, and with the progress we are making in the retail channel.”

Impact of COVID-19

We experience the effect of the pandemic in all areas of our business, from delays in raw material deliveries, to clinical and product development projects. Due to lockdowns and other COVID-19 related measures all our business meeting, marketing events, conferences and expos were either canceled or turned virtual, slowing down the pace of our business development efforts.

Revenue Distribution for Q3 2020

The Baby Snacks business line in Israel represented 44%, Baby Bottles and Accessories business line in Israel represented 26% and the Else Formula business represented 30% of total revenues.

As we started selling our Else Complete Nutrition For Toddler products (singles and 4-packs of 22oz cans of powder) online on our e-store ( www.elsenutrition.com ) on August 12 , our revenue from this channel represent the first few weeks of sales only, and amounted to C$109 thousand .

We started selling the same products also on Amazon.com on September 20 , and during these few days we completed well over 100 first sales which amounted to $C5 thousand .
Sells to retail stores did not commence in Q3, so no revenue was recorded yet from this channel.

Revenue Distribution for Nine Months 2020

The Baby Snacks business line in Israel represented 44%, Baby Bottles and Accessories business line in Israel represented 43% and the Else Formula business represented 13% of total revenues.

About Else Nutrition Holdings Inc.

Else Nutrition GH Ltd. is an Israel -based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults. Its revolutionary, plant-based, non-soy, formula is a clean-ingredient alternative to dairy-based formula. Else Nutrition (formerly INDI) won the “2017 Best Health and Diet Solutions” award at the Global Food Innovation Summit in Milan . The holding company, Else Nutrition Holdings Inc., is a publicly traded company, listed as TSX Venture Exchange under the trading symbol BABY and is quoted on the US OTC Markets QX board under the trading symbol BABYF and on the Frankfurt Exchange under the symbol 0YL. Else’s Executives includes leaders hailing from leading infant nutrition companies. Many of Else advisory board members had past executive roles in companies such as Mead Johnson, Abbott Nutrition, Plum Organics and leading infant nutrition Societies, and some of them currently serve in different roles in leading medical centers and academic institutes such as Boston Children’s Hospital, Pediatrics at Harvard Medical School , USA , Tel Aviv University , Schneider Children’s Medical Center of Israel , Rambam Medical Center and Technion, Israel and University Hospital Brussels, Belgium .

For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.

TSX Venture Exchange

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.

Caution Regarding Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements are typically identified by words such as “will” or similar expressions. Forward-looking statements in this press release include statements with respect to the anticipated dates for filing the Company’s financial disclosure documents. Such forward-looking statements reflect current estimates, beliefs and assumptions, which are based on management’s perception of current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. No assurance can be given that the foregoing will prove to be correct. Forward-looking statements made in this press release assume, among others, the expectation that there will be no interruptions or supply chain failures as a result of COVID 19 and that the manufacturing, broker and supply logistic agreement with the Company do not terminate. Actual results may differ from the estimates, beliefs and assumptions expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which reflect management’s expectations only as of the date of this press release. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

View original content to download multimedia: http://www.prnewswire.com/news-releases/update—else-nutrition-reports-third-quarter-2020-results-301182718.html

SOURCE Else Nutrition Holdings Inc.

Tags: Amazon, baby food, Bristol-Myers Squibb Co, ConAgra Brands, CSE, gut health, investing, organic
Posted in Else Nutrition Holdings Inc. | Comments Off on UPDATE – Else Nutrition $BABY.ca $BABYF Reports Third Quarter 2020 Results $BYND $VERY.ca $INGR $VEGN $TOFB

AGORACOM Welcomes Universal #PropTech $UPI.ca Delivering Healthy Building Solutions and Services For Building Developers, Owners and Operators #AI #IoT $SNE $MSFT $HON $SONA.ca

Posted by AGORACOM-JC at 5:37 PM on Monday, November 30th, 2020

UPI: TSX-V

www.universalproptech.com

As the name implies “PropTech” is a combination of two words and stands for “property technology.” As simple as that is, the implementation and importance of PropTech is anything but.

Like every other industry on the planet that is incorporating technology to create greater efficiencies and experiences, the commercial real estate market is no different and is seeing the rapid adoption of;

Artificial Intelligence
Machine learning
Big data
Internet of Things (IoT Sensors)
Cloud computing

To create cost savings by reducing and even eliminating existing costs, create greater efficiencies for the operation and maintenance of real estate assets, as well as, improve the design of new builds.

IMPACT OF COVID-19

The COVID-19 pandemic has served to significantly increased the demand for PropTech in the commercial real estate market as follows:

The need for solutions to get workers back into workplace buildings and offices. Specifically, the need to identify bacteria and viruses in indoor air quality, as well as, the ability to sanitize immediately and effectively.
The need to create even greater cost savings and efficiencies for real estate owners that will continue suffering losses until workers significantly return to the workplace.

WHY UNIVERSAL PROPTECH (UPI:TSXV)?

Whereas many companies are just now trying to capitalize on the opportunities presented in the current and massive future of PropTech, Universal PropTech Inc. (“UPI”) a diversified investment platform delivering healthy building solutions and services for building developers, owners and operators in Canada. More than just lip service, UPI has been successfully delivering its PropTech solutions for years, with revenues over the last 3 years as follows:

2017 – $13.8M

2018 – $13.7M

2019 – $15.9M

Headquartered in Toronto, UPI has offices across Canada including Halifax,Montreal, and Ottawa.

COMPANY HIGHLIGHTS

Used in Federal Government facilities for over 40 years
Provides real estate managers turnkey HVAC Building Controls design, equipment, installation and ongoing operations and maintenance services for Industrial, Commercial, Institutional and Multi-residential customers
Already possesses under-utilized IP in building controls to add in additional monitoring inputs and equipment controls
Diverse revenue streams via products, installations and ongoing
Key strategic partnerships afford the ability to monitor real-time utility meters, key BAS and systems data in a building.
Team has the capability to make sense of this data and apply advanced web tools to make recommendations to fine tune a building, saving from 5% to 15% of a facilities energy spend without capital expenditure
VCI offers the depth and breadth of Building Automation Systems (BAS) knowledge and products from the likes of Siemens and Honeywell to support building automation systems

COVID-19 STRATEGY

As businesses return to the office, property managers must think about the design and safety of their buildings for occupants. Traditional cleaning methods are ineffective at preventing transmission. UV technology is able to sanitize all surfaces free from pathogens. UPI is capitalizing on this opportunity by building and acquiring UV technology as it is the best in the market to administer and integrate it into healthy buildings in Canada.

FIND OUT MORE:

Hub On AGORACOM / Corporate Profile

Tags: AI, Big data, Cloud Computing, Delta-X Global Corp., investing, IOT, PropTech, small cap stocks, stocks, tsx, tsx-v
Posted in AGORACOM Clients (New), All Recent Posts, Featured, Universal PropTech Inc. | Comments Off on AGORACOM Welcomes Universal #PropTech $UPI.ca Delivering Healthy Building Solutions and Services For Building Developers, Owners and Operators #AI #IoT $SNE $MSFT $HON $SONA.ca

UK to invest in #AI and #cyber as part of major #defense spending hike – SPONSOR: KWESST Micro Systems $KWE.ca $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 3:39 PM on Monday, November 30th, 2020

SPONSOR POST:

WHY KWESST? HERE’S SOME GREAT REASONS

1. KWESST is a leader in defensive technologies that increase the capabilities of soldiers, including
those of NATO and its allies.

2. These technologies make a critical difference to soldier safety and effectiveness.

3. The Leadership team experience spans decades and hundreds of millions of dollars in military and homeland security contracts.

4. KWESST develops next-generation systems for forces around the world, with a particular focus on special forces among NATO countries and their allies.

5. KWESST partners with globally recognized equipment manufacturers to integrate its systems into
their solutions to create high value-add products for global customers.

UK to invest in AI and cyber as part of major defense spending hike

By: Natasha Lomas

The UK has announced a massive boost in defense spending — £16.5 billion ($21.8BN) over four years, the biggest such spending bump for 30 years — in what prime minister Boris Johnson has described as a “once in a generation modernization” of the UK’s armed forces and “the end of the era of retreat” on funding for defense.

Overall the UK prime minister said the spending hike will create 40,000 jobs, adding that it will cement the country’s position as the biggest military defense spender in Europe and the second largest in NATO after the US.

Johnson said the focus for investment will be on cutting edge technologies that can “revolutionize” warfare — implying a major role for artificial intelligence and sensor-laden connected hardware in “forging our military assets into a single network designed to overcome the enemy”, as he put it in a statement to parliament, setting out the first conclusions from an the (ongoing) review of security, defense, development and foreign policy.

“A soldier in hostile territory will be alerted to a distant ambush by sensors or satellites or drones instantly transmitting a warning using artificial intelligence to device the optimal response and offering an array of options — from summoning an air strike to ordering a swarm attack by drones, or paralyzing the enemy with cyber weapons,” Johnson told the House of Commons today, speaking via video conference as he continues to self isolate following a coronavirus contact.

“New advances will surmount the old limits of logistics,” he went on, fleshing out the rational for spending on upgrading military technology. “Our warships and combat vehicles will carry directed energy weapons — destroying targets with inexhaustible lasers. And for them the phrase out of ammunition will become redundant.”

“Nations are racing to master this new doctrine of warfare and our investment is designed to place Britain among the winners,” he added.

The review sets out at least £1.5BN extra — and £5.8BN total — spending on military R&D which Johnson said would be “designed to master the new technologies of warfare”.

There will also be a new R&D center set up with a dedicated focus on artificial intelligence, he added.

An RAF Space Command center is also in the works — with the aim of launching British satellites including the UK’s first rocket from Scotland in 2022.

While the airforce will get new fighter system that Johnson specified will incorporate AI and drone technology.

He also confirmed the existence of a National Cyber Force — a joint unit consisting of personnel from the UK’s intelligence agencies and military personnel which runs cyberops targeting terrorism, organized crime and hostile foreign state actors.

He suggested the hike in military spending on emerging technologies will filter down into wider societal tech gains, telling MPs: “The returns will go far beyond our armed forces — from aerospace to autonomous vehicles — these technologies have a vast array of civilian applications, opening up new vistas of economic progress.”

Responding to Johnson’s statement, the leader of the opposition, Keir Starmer, welcomed the announcement of increased spending for defense and the armed forces — but accused the government of issuing another “press release without a strategy” — pointing out that successive Conservative governments have eroded defense spending over the past ten years.

“This is a spending announcement without a strategy. The government has yet again pushed back vital parts of the integrated review and there’s no clarity over the government’s strategic priorities,” said Starmer, going on to query how the spending hike would be funded, given the economic crunch facing the UK as a result of the pandemic — asking whether it will require tax rises or cuts to public spending elsewhere, such as to the international development budget.

Starmer also raised the awkward matter of the Russia report — wondering why Johnson’s government has not acted on the “urgent” national security risks identified there.

The report, by parliament’s intelligence and security committee, found the UK lacks a comprehensive and cohesive strategy to respond to the cyber threat posed by Russia and other hostile states that are deploying online disinformation and influence ops to target democratic institutions and values.

It also sounded the alarm about how much Russian money is finding its way into UK political party coffers.

“The prime minister speaks of tackling global security threats, improving cyber capability — and that is all welcome, and we welcome it — but four months after the intelligence and security committee published its report concluding that Russia posed… an immediate and urgent threat to our national security,” noted Starmer.

Replying, Johnson dodged all Starmer’s questions — branding his criticisms “humbug [that] takes the cake” and opting to attack the Labour leader for having served under the party’s former leader, Jeremy Corbyn, who did not support increasing UK defense spending.

Source: https://techcrunch.com/2020/11/19/uk-to-invest-in-ai-and-cyber-as-part-of-major-defense-spending-hike/

Tags: CSE, defense stocks, investing, military, Samsung, small cap stocks, stocks, TASCS
Posted in All Recent Posts, KWESST Micro Systems Inc. | Comments Off on UK to invest in #AI and #cyber as part of major #defense spending hike – SPONSOR: KWESST Micro Systems $KWE.ca $WRTC $BYRN.ca $PAT.ca $POWW

SustainCo $SMS.ca Announces Name Change and New Ticker Symbol – > Universal PropTech $UPI.ca

Posted by AGORACOM-JC at 11:44 AM on Friday, November 27th, 2020

Announced today that, further to its press release dated November 10, 2020, it has changed its name from “SustainCo Inc.” to “Universal PropTech Inc.“

Toronto, Ontario–(November 27, 2020) – SustainCo Inc. (TSXV: SMS) (“SustainCo” or the “Company“) announces today that, further to its press release dated November 10, 2020, it has changed its name from “SustainCo Inc.” to “Universal PropTech Inc.“

At the opening of the markets on December 1, 2020, the Company’s common shares will commence trading under the new name Universal PropTech Inc. and the new ticker symbol “UPI”. The Company’s new CUSIP number is 91380M100 and its new ISIN is CA91380M1005.

The Company has launched its new logo, brand and website, www.UniversalPropTech.com.

There is no consolidation of the Company’s share capital in connection with the name change. As a result, shareholders are not required to exchange either existing share certificates for new certificates bearing the Company’s name. The name change does not affect the Company’s share structure or the rights of the Company’s shareholders, and no further action is required by existing shareholders.

“Universal PropTech is delivering de-risked proptech investments by using our 40 years HVAC/Building Controls company to integrate proptech into healthy buildings,” stated Chris Hazelton, Chief Executive of Officer of Universal PropTech Inc. “We are actively seeking new proptech investments to bring to market in Canada.”

The Company also announces today that, further to its press release dated November 23, 2020, it has issued an aggregate of 60,536 common shares at a deemed exercise price of $0.28 per share in connection with the first payment of $15,000 + HST due to Agoracom Internet Relations Corp. pursuant to the advertising agreement with the Company dated November 17, 2020. The common shares are subject to a 4 month plus one day hold period.

About Universal PropTech Inc.

Universal PropTech Inc. (TSXV: UPI), conducts its operations through its wholly-owned subsidiary, VCI Controls Inc. (“VCI“), a leading supplier and integrator of proptech healthy building solutions and services. The Company is an industry leader in the development of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, Universal PropTech has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “forecast”, expect”, “plan”, “intend”, “estimate”, “propose”, “project”, or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company’s securities not to place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.

The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

CONTACT INFORMATION

Universal PropTech Inc.
Chris Hazelton
Chief Executive Officer
(647) 300-2957

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69098

Tags: biometrics, Delta-X Global Corp., investing, small cap stocks, stocks, tsx, tsx-v
Posted in Universal PropTech Inc. | Comments Off on SustainCo $SMS.ca Announces Name Change and New Ticker Symbol – > Universal PropTech $UPI.ca

#AI to Boost Military Info-Tech Market – SPONSOR: KWESST Micro Systems $KWE.ca $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 9:54 AM on Friday, November 27th, 2020

SPONSOR POST:

WHY KWESST? HERE’S SOME GREAT REASONS

1. KWESST is a leader in defensive technologies that increase the capabilities of soldiers, including
those of NATO and its allies.

2. These technologies make a critical difference to soldier safety and effectiveness.

3. The Leadership team experience spans decades and hundreds of millions of dollars in military and homeland security contracts.

4. KWESST develops next-generation systems for forces around the world, with a particular focus on special forces among NATO countries and their allies.

5. KWESST partners with globally recognized equipment manufacturers to integrate its systems into
their solutions to create high value-add products for global customers.

AI to Boost Military Info-Tech Market

Pentagon spending on artificial intelligence is expected to grow faster than the overall defense information-technology market, according to one analyst.
Eighteen contracts with a total value of $489 million were awarded by the Defense Department in 2019 for AI products and services, noted Brad Curran, industry principal for aerospace, defense and security at Frost & Sullivan.

By Jon Harper

While military spending on IT is projected to increase about 2 percent in 2021, artificial intelligence is projected to do better within that portfolio over the short-, medium- and long-term, he said during a recent webinar.

The Pentagon established the Joint Artificial Intelligence Center in 2018, and each of the services and many other organizations within the Defense Department are also doing their own work with the technology, he noted.

“The contracts to assist analysts and to assist human understanding, to be able to take large amounts of data and do predictive analytics is very important to DoD for logistics, for maintenance, for intelligence, for communications, to be able to make the best possible use of the crowded frequency spectrum,” he said. “Many different areas are using artificial intelligence more and more within DoD.”

Contract trends include computer vision engineering to improve network performance, and containerized and deployable machine learning systems, according to his presentation slides.

The market represents an opening for commercial firms, he noted. However, they might not always be able to sell commercial-off-the-shelf systems.

“Firms that provide artificial intelligence software and services … have to be flexible enough to modify their products to be able to work within and for a larger systems integrator or in contracting directly with DoD, to make sure that they are able to bring operational advantages,” he said. “They may have to modify it a bit and make sure that they’re meeting DoD operational needs.”

In addition to bidding on contracts directly, commercial companies can get their foot in the door of the military acquisition enterprise by working with large systems integrators, he noted.

“They’re always looking for subcontractors,” Curran said. “It’s a great way to break into the DoD market by partnering with established DoD network providers.”

Source: https://www.nationaldefensemagazine.org/articles/2020/11/12/ai-to-boost-military-info-tech-market

Tags: CSE, defense stocks, investing, military, Samsung, small cap stocks, stocks, TASCS, tsx
Posted in All Recent Posts, KWESST Micro Systems Inc. | Comments Off on #AI to Boost Military Info-Tech Market – SPONSOR: KWESST Micro Systems $KWE.ca $WRTC $BYRN.ca $PAT.ca $POWW

SustainCo Inc. $SMS.ca Launches AGORACOM Platform for Online Marketing and Awareness Program

Posted by AGORACOM-JC at 5:30 PM on Monday, November 23rd, 2020

Toronto, Ontario–(November 23, 2020) – SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc. (the “Company”), is pleased to announce the launch of a 14-month online marketing campaign through AGORACOM.

The Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing during the term of the agreement. The Company HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 14 months will be live on November 26, 2020 and can be found at:

https://agoracom.com/ir/UniversalPropTech

The Company HUB will receive significant exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network. AGORACOM is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.

The Company has also launched a “CEO Verified” Discussion Forum on AGORACOM to serve as the Company’s primary social media platform to interact with both current and prospective shareholders in a fully moderated environment. The Company discussion forum can be found at:

https://agoracom.com/ir/UniversalPropTech/forums/discussion

Pursuant to the terms of the agreement, and subject to receipt of all necessary regulatory approvals, including but not limited to, conditional approval of the TSX Venture Exchange, the Company has agreed to pay AGORACOM the following as consideration for the online advertising, marketing and branding services provided by AGORACOM:

$15,000 + HST in shares for services upon commencement for previously completed work on initial set up of HUB, marketing materials and search engine programs;
$15,000 + HST in shares for services at end of the Third Month, being February 17, 2021;
$15,000 + HST in shares for services at end of the Sixth Month, being May 17, 2021;
$15,000 + HST in shares for services at end of the Ninth Month, being August 17, 2021 and
$15,000 + HST in shares for services at end of Fourteenth Month, being December 31, 2021.

The number of common shares to be issued in respect of each period will be determined by using the undiscounted closing price of the common shares of the Company on the TSX Venture Exchange on the last trading day before the issuance of the news release announcing each issuance of shares once the services have been performed.

About AGORACOM

AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.

About SustainCo Inc.

SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc., which conducts its operations through its wholly-owned subsidiary, VCI CONTROLS Inc. (“VCI”), is a leading supplier and integrator of PropTech healthy building solutions and services. The Company is an industry leader in the development of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, SustainCo has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

Forward-Looking Statements

CONTACT INFORMATION

SustainCo Inc.
Chris Hazelton
Chief Executive Officer
(647) 300-2957

4849-5318-7538, v. 2

Tags: biometrics, Delta-X Global Corp., investing, small cap stocks, stocks, tsx, tsx-v
Posted in Universal PropTech Inc. | Comments Off on SustainCo Inc. $SMS.ca Launches AGORACOM Platform for Online Marketing and Awareness Program

SustainCo Inc. $SMS.ca Enters into Agreement for Proprietary Face and Temperature Recognition Software Tech

Posted by AGORACOM-JC at 1:04 PM on Monday, November 23rd, 2020

Announced that it has entered into a Collaboration and Commercialization Agreement with Delta-X Global Corp. to bring their Proprietary Face and Temperature Recognition software technology, Delta-XTM Trust, to market.
Delta-XTM Trust’s technology allows facilities to monitor the flow of people in and out of buildings and within facilities themselves.
More importantly, the technology identifies when someone has heightened temperature readings and allow rapid response to contain illness.

Toronto, Ontario–(November 23, 2020) – SustainCo Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc. (the “Company”), is pleased to announce that it has entered into a Collaboration and Commercialization Agreement with Delta-X Global Corp. to bring their Proprietary Face and Temperature Recognition software technology, Delta-XTM Trust, to market.

Facility owners and front-line workers are dealing with an extraordinary increased security and health risks of allowing and enabling the spread of viruses within their facilities without proper controls in place. Delta-XTM Trust’s technology allows facilities to monitor the flow of people in and out of buildings and within facilities themselves. More importantly, the technology identifies when someone has heightened temperature readings and allow rapid response to contain illness.

The Company intends to integrate the Delta-X Trust products into the building control systems of existing customers’ and new prospects to provide a more holistic healthy building environment. Once the definitive agreement is executed, the Company will introduce the Delta-X Trust products to thousands of properties through its extensive list of previous and current sites.

Delta-X Trust is a proven commercialized standalone contactless biometric access control and real-time data tracking system to provide secure authentication of digital interactions. Delta-X Trust innovates “identity and access management” (IAM) with the use of biometric and advanced encryption technology standards. https://www.deltaxglobal.com/trust.html.

Already in use in manufacturing sectors, healthcare industry, hotels, schools, hospitals and other public places with heavy traffic, Delta-X Trust products elevate data security management and disease prevention.

“We are really excited to have access to SustainCo’s extensive government, commercial and multiresidential customer base,” commented Derek Dlugosh-Ostap, Chief Executive Officer of Delta-X Global Corp.

“The addition of the Delta-X Trust to our arsenal of healthy building solutions and services will broaden our ability to integrate PropTech into a wide range of risk mitigation solutions for customers, during this pandemic,” stated Chris Hazelton, Chief Executive of Officer of SustainCo Inc. “Our existing intelligent building technology continues to get smarter.”

Among several commitments, the Company agrees to beta test the Delta-X Trust products with previous and current clients to develop go-to-market plans. Delta-X Global Corp. grants to the Company an Exclusive, non-transferable, sublicensable, license and right and to, directly or indirectly, to market, sell, distribute and install the Products to any of the Company’s past clients, current clients and or new clients, and, as applicable, any respective Affiliate of any of the foregoing, including integrating the Products into its clients’ and prospective clients’ building control system, and providing services.

About SustainCo Inc.

Universal PropTech Inc. (TSXV: SMS), awaiting name change to Universal PropTech Inc., conducts its operations through its wholly-owned subsidiary, VCI Controls Inc. (“VCI”), a leading supplier and integrator of PropTech healthy building solutions and services. The Company is an industry leader in the development of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI’s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

With headquarters in Toronto, SustainCo Inc. has offices across Canada including, Halifax, Montreal, and Ottawa. For more information, visit www.universalproptech.com.

CONTACT INFORMATION

SustainCo Inc.
Chris Hazelton
Chief Executive Officer
(647) 300-2957

Tags: biometrics, Delta-X Global Corp., investing, small cap stocks, stocks, tsx, tsx-v
Posted in Universal PropTech Inc. | Comments Off on SustainCo Inc. $SMS.ca Enters into Agreement for Proprietary Face and Temperature Recognition Software Tech

Else Nutrition $BABY.ca $BABYF is #1 on Amazon’s Best-Selling Hot New Releases in Baby & Toddler Formula Category $BYND $VERY.ca $INGR $VEGN $TOFB

Posted by AGORACOM-JC at 7:31 AM on Monday, November 23rd, 2020

Announced that its Plant-Based Complete Nutrition for Toddlers was ranked the number one (top) selling product on Amazon’s Hot New Releases in the Baby and Toddler Formula Category.
As of November 17 th , the product’s single and 4-pack varieties took the first and second spots on the list respectively.

VANCOUVER, BC , Nov. 23, 2020 – ELSE NUTRITION HOLDINGS INC. (TSXV: BABY) (OTCQX: BABYF) (FSE: 0YF) (“Else” or the “Company”) the plant-based baby, toddler and children nutrition company , is pleased to announce that its Plant-Based Complete Nutrition for Toddlers was ranked the number one (top) selling product on Amazon’s Hot New Releases in the Baby and Toddler Formula Category. As of November 17 th , the product’s single and 4-pack varieties took the first and second spots on the list respectively.

“We are overwhelmed with excitement by the demand we are seeing for our Toddler Nutrition on the Amazon platform,” said Mrs. Hamutal Yitzhak , CEO and Co-Founder of Else. “The strong uptake confirms that U.S. parents are looking for novel healthy nutrition alternatives for their children.”. This response echoes the consumer feedback we have been receiving via our online store and brick and mortar retail channels,” she added.

Else Nutrition announced earlier this week that is has commenced shipment of its product with KeHE Distributors. Just in time for the holiday season, Else’s Plant-Based Complete Nutrition for Toddlers will be on the shelves of numerous U.S. retail stores, including a soon-to-be announced, national grocery chain.

For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.

About Else Nutrition Holdings Inc.

For more information, visit: elsenutrition.com or @elsenutrition on Facebook and Instagram.

TSX Venture Exchange

Caution Regarding Forward-Looking Statements

Tags: Amazon, baby food, Bristol-Myers Squibb Co, ConAgra Brands, CSE, gut health, investing, organic, small cap, stocks
Posted in All Recent Posts, Else Nutrition Holdings Inc., Featured | Comments Off on Else Nutrition $BABY.ca $BABYF is #1 on Amazon’s Best-Selling Hot New Releases in Baby & Toddler Formula Category $BYND $VERY.ca $INGR $VEGN $TOFB

Posts Tagged ‘investing’

UK to invest in AI and cyber as part of major defense spending hike

AI to Boost Military Info-Tech Market

Categories