News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Kevel Powers Kleinanzeigen's Next-Generation Retail Media Network

Kevel

Kevel, the industry leader in API-based ad serving technology, today announced that Kleinanzeigen, Germany's largest online classifieds platform, has chosen Kevel's Retail Media Cloud® to power its next-generation retail media network. This partnership marks a significant milestone in Kleinanzeigen's digital advertising strategy and underscores Kevel's expanding presence in the European market. By leveraging Kevel's cutting-edge technology, Kleinanzeigen aims to create a sophisticated, custom-built advertising platform that aligns with its commitment to connecting local buyers, marketplace sellers & brands. The new retail media network will enable Kleinanzeigen to offer its advertising partners more targeted and effective ways to enhance the user-experience and reach high-intent consumers with more than 700M monthly visits. Working closely with the Kevel team, Kleinanzeigen will utilize the Retail Media Cloud® to seamlessly integrate retail media offerings into its advertising strategy. This collaboration will focus on enhancing the user experience across both owned and off-site channels through personalization and innovative ad formats, leveraging Kleinanzeigen's unique first-party data. James Avery, Founder and CEO of Kevel, commented, "We are excited to welcome Kleinanzeigen to the Kevel family. Their decision to build their retail media network on our Retail Media Cloud® platform demonstrates the versatility and strength of our API-first approach. We look forward to helping Kleinanzeigen create a truly unique advertising experience that reflects their brand values and meets the evolving needs of both advertisers and users." Key benefits of the Kleinanzeigen-Kevel partnership include: Enhanced Scalability: Working with Kevel means Kleinanzeigen can now enhance their capabilities and build for scale to ensure they are efficiently and effectively working toward their goal of scaling its customer-base and ad inventory across their media network. Diverse Ad Formats: Kevel's platform supports a wide range of ad units, allowing Kleinanzeigen to implement native ads, sponsored listings, and other custom formats seamlessly. Rapid Deployment: With Kevel's technology, Kleinanzeigen can launch custom retail media campaigns in as little as 14 days, ensuring agility and responsiveness to market demands. Data Compliance and Security: Kevel's industry-leading data compliance features allow Kleinanzeigen to confidently use its user data while maintaining strict privacy standards. Improved Advertiser ROI: More precise targeting and diverse ad formats are expected to significantly enhance returns for Kleinanzeigen's advertising partners. Fabian Schmitt-Pfeifer, Head of Product Retail Media at Kleinanzeigen, said, "At Kleinanzeigen, we're constantly seeking innovative ways to improve our users' experience and provide value to our advertising partners. Kevel gives us the tools and flexibility we need to build a retail media network that's uniquely tailored to our platform. We're excited about the possibilities this opens up for our business, our users, and our advertising partners." The implementation of Kevel's Retail Media Cloud® began earlier this year with the first ad placements going live in April and is expected to be completed in phases over the coming months. About Kevel Kevel is revolutionizing retail media with its AI-powered, API-first Retail Media Cloud®, empowering retailers, marketplaces, and eCommerce platforms to build, level up, and scale custom ad networks while maintaining full control of their first-party data. By offering unparalleled flexibility in ad serving, audience segmentation, and self-serve capabilities, Kevel enables businesses to launch impactful retail media programs in weeks, not years. Kevel's mission is rooted in the belief that every digital retailer should have the tools to create their own tailored ad platform, comparable to industry leaders like Amazon. Harnessing the power of AI for data-driven decision-making, Kevel has helped leading brands such as Chewy, The Home Depot, Dollar General, John Lewis, Sonae, Lyft, El Corte Ingles, Slickdeals, and others launch impactful retail media networks—fostering innovation and unlocking new revenue opportunities. With Kevel, businesses can differentiate their ad programs, maximize their share of media dollars, and take control of their retail media destiny. Discover the power of customization and performance at www.kevel.com. About Kleinanzeigen Kleinanzeigen is the leading online classifieds platform in Germany. On average, more than 55 million ads are posted in a wide range of categories – from children's needs to electronics and real estate. Most of the items listed are second-hand. In this way, users make an active contribution to greater sustainability. Kleinanzeigen also offers companies the opportunity to present their services online in a simple way. Kleinanzeigen was launched in September 2009 as eBay Kleinanzeigen. In May 2023, the company was renamed Kleinanzeigen. Contact Details Kevel Jennifer Choo Director of Marketing +1 973-343-8819 jchoo@kevel.com

June 17, 2025 09:00 AM Eastern Daylight Time

Article thumbnail News Release

BiomX Stock Could Soar 3000% As This $10M Biotech Cracks The 'Superbug' Code, Wall Street Says

Global Markets News

BiomX Inc. (NYSE: PHGE)* has achieved what Big Pharma couldn't accomplish in over 20 years — successful clinical trials using viruses to treat life-threatening infections that no longer respond to antibiotics. The $10 million biotech has reported positive Phase 2 results in diabetic foot bone infections, a condition so challenging that no new drugs have been approved for it in two decades. Meanwhile, their cystic fibrosis program showed 14% of patients completely cleared chronic lung infections after just 10 days of treatment. Approximately 160,000 lower limb amputations occur annually in diabetic patients in the U.S., with 85% caused by diabetic foot infections or diabetic foot osteomyelitis — creating an $8 billion annual healthcare burden according to company data. Current treatments rely on antibiotics that increasingly fail due to resistance, often leaving amputation as the only option. Clinical Breakthroughs Across Two Major Programs BiomX's March 2025 Phase 2 results in diabetic foot osteomyelitis from 41 patients delivered notable outcomes. The company achieved statistically significant percent area reduction of ulcer size, with p-values of 0.046 at week 12 and 0.052 at week 13. The treatment showed separation from placebo starting at week 7, with differences greater than 40% by week 10. BiomX also demonstrated statistically significant improvements in ulcer depth and reducing ulcer area expansion, while BX211 was safe and well-tolerated throughout the study. The company's cystic fibrosis program has been equally impressive. In their Phase 1b/2a study, 14.3% of patients converted to sputum culture negative for P. aeruginosa after 10 days of treatment, compared to 0% in the placebo group. One patient had been infected for 35 years before achieving complete clearance. The FDA has granted this program both Fast Track designation and Orphan Drug Designation, potentially accelerating the approval pathway. BiomX's approach uses bacteriophages — viruses that naturally target and kill specific bacteria — instead of traditional antibiotics that bacteria can develop resistance against. The company has overseen more than 50 compassionate use cases with no significant side effects to date. Military Validation and Wall Street's Bullish Take The U.S. Defense Health Agency has provided $40 million in non-dilutive funding to BiomX's diabetic foot program, representing significant validation of the technology. "They're seeing soldiers coming out of the Ukraine war with extremely antibiotic-resistant infections," CEO Jonathan Solomon said during the company's May 2025 earnings call. Despite the clinical progress and military backing, BiomX trades at approximately $10 million market cap — a disconnect0 that has caught Wall Street's attention. H.C. Wainwright maintains a Buy rating with a $15 price target, representing potential upside of over 3000% from recent levels around $0.4 Laidlaw & Company rates the stock Buy with a $16 price target, suggesting almost 4000% upside potential. Laidlaw analyst Yale Jen called the recent data "an absolutely positive surprise" and characterized BX211 as "a high value and clinically de-risked asset." The analysts' optimism stems from the clinical validation across both programs, massive addressable markets, and limited competition in the phage therapy space. Major Catalysts on the Horizon BiomX estimates addressable markets exceeding $2.5 billion globally for their diabetic foot program and $1.6 billion for cystic fibrosis based on patient populations and potential pricing benchmarks. The company expects to have sufficient funding through Q1 2026, aligning with anticipated BX004 Phase 2b results in cystic fibrosis. Key upcoming catalysts include the Phase 2b readout for their cystic fibrosis program expected in Q1 2026, ongoing Phase 2/3 trial discussions with the FDA for their diabetic foot program, and potential regulatory meetings in the second half of 2025. The company is also exploring partnership opportunities as the phage therapy space attracts increasing attention from large pharmaceutical companies. With validated clinical data, military funding, and Wall Street price targets suggesting potential returns exceeding 3000%, BiomX could offer investors exposure to phage therapy as a potential new approach to treating antibiotic-resistant infections. As the global antibiotic resistance crisis intensifies, the company's nature-based approach to killing bacteria positions it at an interesting inflection point in infectious disease treatment. BiomX shares were trading at ~$0.4 at last check Recent News Highlights from BiomX BiomX Reports First Quarter 2025 Financial Results and Provides Business and Program Updates BiomX Announces Positive Topline Results from Phase 2 Trial Evaluating BX211 for the Treatment of Diabetic Foot Osteomyelitis (DFO) * Legal Disclaimer & Disclosure: Nothing in this report constitutes financial or investment advice, nor does it represent an offer to buy or sell securities. This report is published by Wall Street Wire™. The operators of Wall Street Wire, arx advisory, are not registered brokers, dealers, or investment advisers. This report contains and is a form of paid promotional content or advertisement for BiomX Inc and was produced as part of their paid subscription to Wall Street Wire. This report has not been reviewed or approved by BiomX Inc prior to publication. The operators of wall street wire have received or are expected to receive a monthly recurring fee of five thousand united states dollars via wire transfer from BiomX as part of an ongoing agreement starting June 1st, 2025 in return for social media distribution and promotional coverage services, and receive additional compensation for non promotional unrelated data and advisory services on top of that. They do not hold any shares in BiomX. Please review the full disclaimers and compensation disclosures here for further details: redditwire.com/terms. We are not responsible for the price targets mentioned in this article nor do we endorse them, they are quoted based on publicly available news reports believed to be reliable and additional or price targets may exist that may not have been quoted. Readers are advised to refer to the full reports mentioned on various systems and the disclaimers/disclosures they may be subject to. Contact Details News Coverage ronald@futuremarketsresearch.com

June 16, 2025 07:04 PM Eastern Daylight Time

Article thumbnail News Release

$USD1 Stablecoin Begins Minting on TRON

TRON DAO

Geneva, Switzerland, June 12, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the first minting of the USD1 stablecoin on the TRON blockchain. Released by World Liberty Financial., the developer of a pioneering DeFi protocol and governance platform inspired by President Donald J. Trump, USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents. The minting of WLFI’s stablecoin on TRON confirms an announcement made last month at Token2049 in Dubai by Eric Trump, executive vice president of the Trump Organization and co-founder of WLFI. Trump announced in May that USD1 was the stablecoin selected to settle MGX’s $2 billion investment in Binance, quickly followed by a supporting statement that USD1 will be fully integrated into the TRON ecosystem. The minting kicked off in the early morning hours of June 11, documented by an X post from TRON founder Justin Sun, who described this milestone as a “giant leap for stablecoins.” “From launching new ideas to challenging how we think about money and freedom, it’s clear that we are making progress in moving the crypto industry forward,” said Sun. “It has been great to be part of this process with WLFI and to see the Trump administration taking steps to create a clearer and more supportive environment for innovation.” The integration of USD1 as an independent and secure stablecoin strengthens the TRON ecosystem while advancing their ongoing mission to promote economic growth. By offering the transparency and security that institutions demand, USD1 positions TRON for even broader institutional adoption. WLFI's strategic decision to mint USD1 on TRON signals a growing trust in the network's robust infrastructure and demonstrates increasing institutional confidence in TRON’s ability to deliver secure, scalable blockchain solutions for global markets. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $78 billion. As of May 2025, the TRON blockchain has recorded over 312 million in total user accounts, more than 10 billion in total transactions, and over $22 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

June 12, 2025 08:24 PM Eastern Daylight Time

Image
Article thumbnail News Release

farm-ng Latest User-Friendly Software Empowers Small and Mid-Sized Farms with Smarter Automation

farm-ng

farm-ng, a leader in accessible agricultural robotics, announced significant updates to its on-robot software stack, reinforcing the company’s dedication to providing affordable, practical and easy-to-use solutions for small and medium-sized farms. These enhancements focus on a streamlined, grower-centric user interface (UI), automated implement control within farming zones, improved accuracy in hands-free navigation mode, and a new Job Manager to simplify operations and increase efficiency in the field. "Our goal has always been to empower farmers with equipment that is both powerful and affordable," said Brendan Dowdle, CEO of farm-ng. "These latest enhancements to the Amiga robotic platform are a direct response to feedback from our users, aiming to make advanced agricultural technology accessible for farms of all sizes." The updated UI gives growers an intuitive dashboard to monitor robot health, switch between apps, and manage implements with ease, such as toggling sprayers on/off or setting tools to operate for specific durations. This design ensures that even those with minimal technical experience can effectively utilize the Amiga robot. The new Job Manager lets users plan, save, and repeat complete tasks within defined paths and zones—enabling hands-free operations like seeding, weeding, or spraying with precision tool control. This streamlines repetitive work, saves time, and minimizes human error. These updates are available over-the-air (OTA), ensuring that existing Amiga users can seamlessly upgrade their systems without the need for additional hardware or complex installations. For more information about the Amiga robot and the latest updates, please visit www.farm-ng.com. About farm-ng Based in Watsonville, California, farm-ng is an agricultural robotics company supporting productivity and innovation in the field. Its flagship product – the Amiga – is a modular, electric, open-architecture robot designed to serve small- and mid-sized farms, research institutions, and developers. From crop care to data collection, farm-ng empowers the ag community to solve today’s challenges and build tomorrow’s solutions. Contact Details AgTech PR Sara Winters sara@agtechpr.com

June 11, 2025 09:15 AM Pacific Daylight Time

Image
Article thumbnail News Release

Sheon Karol Joins West Lane Partners as Senior Advisor

West Lane Partners

West Lane Partners, a private equity firm focused on special situations in middle market companies spanning healthcare, tech, financial services and industrials, is pleased to announce that Sheon Karol, a nationally recognized investment banker and restructuring advisor, has joined the firm as a Senior Advisor. Mr. Karol brings over three decades of experience in investment banking, restructuring, and senior corporate leadership, with deep expertise in complex M&A, capital raises, and operational turnarounds. Skilled in de-risking situations, he brings a flexible yet disciplined approach that favors iterative decision-making over rigid or binary choices. His ability to surface a range of strategic options, often under pressure, has made him a trusted advisor to owners navigating both opportunity and uncertainty. His contributions to the field have earned national recognition, including the “Boutique Investment Banker of the Year” award from the Atlas Awards. “Sheon and I have been in the trenches together on complex deals. He’s masterful at aligning stakeholders, cutting through noise, and adapting in real time to keep transactions on course. Where others see roadblocks, he sees possibility—and responds with clarity and flexibility,” said Deryck Palmer, Founder and Managing Partner at West Lane Partners. “His dynamic approach, experience, and deep market insight into the industries on which we’re focused, and an instinct for what owners value most, makes him an exceptional addition to our firm.” “I think of the middle market as the river less fished” said Mr. Karol. “Middle market companies are often overlooked, undercapitalized, and underserved by institutional talent. At West Lane Partners, our focus on investments between $25 million and $75 million is about more than deal size—it’s about bringing high-caliber insight to businesses at pivotal moments and tailoring strategic options to match the evolving goals of owners and the realities of the market. The result is not just getting deals done, but generating long-term value others might miss.” Mr. Palmer added, “I’ve always been impressed by Sheon’s expertise, creativity, positivity and determination to get the best for his clients. These qualities enable him to inexorably bring difficult situations to their best possible conclusion and there are few who bring such capabilities to the middle market.” About Sheon Karol Mr. Karol has advised on high-stakes transactions across a myriad of industries in the middle market, including manufacturing, biotech, pharma, for-profit education, medical research, agriculture, consumer goods, food & grocery, sports, and technology. Mr. Karol has successfully executed a wide range of strategic transactions, including M&A advisory, capital raises, and restructurings, for both healthy and distressed businesses and their stakeholders. He has also served in executive capacities, including as Chief Restructuring Officer of a $1 billion company, for which he renegotiated the company's debt and avoided a bankruptcy filing. Many of Mr. Karol’s transactions, including Violin Memory and Peekay Boutiques, have won awards. He served as SVP of Winn-Dixie and managed the company's sale of assets in excess of $200 million and the disposition of 326 stores (in a 90-day period); guided the auction and sale of Farmland’s nitrogen fertilizer business that exceeded the “stalking horse” bid by $25 million; advised the CRO in the sale of the Texas Rangers baseball team; and advised foreign buyers in their U.S. expansion. Trustee positions include the Violin Memory and Lily Robotics Trusts. A middle market M&A thought leader, he writes and lectures widely, including on entrepreneurship, auction theory, sale processes, the middle market and foreign buyers. He holds FINRA SIE, Series 63 and Series 79 certifications. Mr. Karol received a J.D. from Yale Law School and a B.A. from Yeshiva College. About West Lane Partners West Lane Partners is a private equity firm whose senior leadership has over 150 years of collective restructuring and private equity experience working with underperforming, stressed and distressed companies across a range of industries in both large cap and middle market companies. In addition to providing capital, the firm combines decades of restructuring, private equity, legal and financial expertise to collaborate with management in developing and executing bespoke solutions that deliver mutually beneficial outcomes. Contact Details Curtis Johnson, Investor Relations +1 973-404-0999 cjohnson@westlanepartners.com Meir Kahtan Public Relations, LLC Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.westlanepartners.com

June 11, 2025 10:00 AM Eastern Daylight Time

Article thumbnail News Release

G6 Hospitality Unveils AI-Powered Upgraded My6 App

G6 Hospitality LLC

G6 Hospitality, the parent company of Motel 6 and Studio 6, today announced the launch of the new My6, a completely revamped consumer app featuring advanced AI personalization feature for customers. The revamped guest-facing app delivers 2X faster performance with a 50% reduction in latency, offering improved booking experiences that directly benefit property visibility and occupancy rates. The cornerstone of the new My6 app is its proprietary AI-powered recommendation engine that intelligently connects guests with the most suitable properties based on their preferences. This technology is particularly valuable for capturing the one-third of all searches for "Motel 6 near me," ensuring properties receive maximum exposure to their most relevant potential guests. The app introduces dynamic homepage experiences and personalized deal offers tailored to each guest's preferences, driving higher conversion rates and increased bookings for properties. "Our customers deserve a seamless, personalized booking experience, and My6 2.0 delivers exactly that while simultaneously driving more bookings to our properties. The AI-powered features mean guests find exactly what they're looking for faster, resulting in higher conversion rates and increased occupancy for our locations," said Sonal Sinha, CEO - G6 Hospitality. Key features of the enhanced customer app include: AI-driven recommendations and lister rankings that ensure the right guest is connected with the right property at the right time. Personalized homepage tailored to guest preferences and locality, catering to different customer segments. Save and compare feature allowing users to easily shortlist and evaluate properties to make informed decisions. Enhanced property showcasing with AI-powered amenity tags, with Gen AI-based upgrades coming soon. Interactive map feature that improves navigation and highlights nearby attractions for better trip planning. Optimized visual presentation with categorized images and clearly displayed policy information for better transparency. The app also introduces customer-focused innovations including interactive neighbourhood exploration maps, a save-and-compare function for multiple properties, and an intuitive booking process designed to reduce abandonment rates on the app. Early data suggests the new My6 app saw 14% YoY increase in direct bookings while reducing drop-offs in the reservation process. The development roadmap includes further AI-driven ranking improvements, enhanced filters, Google Pay & Apple Pay payment options, Tripadvisor review integration, and post-checkout rating capabilities—all designed to enhance the guest experience and drive additional revenue. My6 2.0 is available now for download on iOS and Android platform. About G6 Hospitality LLC G6 Hospitality LLC is the leading economy lodging franchisor, with nearly 1,500 economy lodging locations under the iconic Motel 6 brand and the Studio 6 Extended Stay brand in the United States and Canada. G6 Hospitality is committed to making hospitality accessible to all through responsible business practices and unparalleled opportunity for franchisees to build a legacy through ownership. Both Motel 6 and Studio 6 were recognized in the 2024 Entrepreneur Franchise 500® report, with Motel 6 ranking in the top 50 of all franchises. The Carrollton, Texas, based company was named a 2024 Leader in Diversity by Dallas Business Journal. For more information, please visit www.g6hospitality.com. Contact Details G6 Hospitality LLC Anupriya Malik +91 97911 63065 anupriya.d@g6hospitality.com

June 11, 2025 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Bacula Systems Announces Native GPFS Integration to Boost Backup Performance in Large-Scale File System Architectures

Bacula Systems

Bacula Systems, the global leader in high-security, high-performance backup and recovery solutions, today announced native integration with IBM Spectrum Scale (GPFS), bringing powerful new capabilities for organizations running large-scale, high-throughput file systems. This latest development expands Bacula’s portfolio of advanced file system compatibility, allowing enterprise and HPC users to deploy tightly integrated backup and recovery operations directly within GPFS environments. This strategic advancement enables Bacula Enterprise to operate natively within GPFS-based architectures, allowing IT teams to dramatically increase backup efficiency, reduce system load, and maintain robust data protection in mission-critical environments. Bacula’s unique modular architecture and broad platform support now include full interoperability with GPFS, enabling protection of some of the world’s most demanding storage infrastructures. “Our GPFS integration is the next leap forward for enterprises and HPC environments managing massive data volumes and complex workloads,” said Jorge Gea, CTO of Bacula Systems. “By combining Bacula’s highly secure and scalable backup engine with GPFS’s exceptional parallel file system performance, our customers gain a reliable and highly efficient solution that meets the highest standards of resilience, speed, compliance and cost-efficiency. This is a natural evolution of our roadmap in the high-performance file systems space.” Key Benefits of Bacula’s GPFS Integration: • Direct GPFS Interoperability: Bacula interfaces directly with GPFS file systems, eliminating the need for inefficient workarounds or middleware. • Extreme Scalability: Ideal for petabyte-scale storage environments, Bacula’s GPFS module ensures high-speed, low-latency data protection for massive parallel workloads. • Optimized Throughput: Bacula supports GPFS’s high concurrency and distributed architecture, allowing parallel backup and restore operations across multiple nodes with minimal performance impact. • High-Security Data Protection: Bacula’s comprehensive suite of security features—including advanced encryption, ransomware protection, and air-gapped storage options—are fully compatible with GPFS-based deployments. • Advanced File-Level Control: Bacula enables fine-grained backup strategies with support for metadata-driven inclusion/exclusion rules and efficient change detection in large-scale GPFS environments. • Cost Optimization: Organizations can leverage Bacula’s deduplication and advanced compression to reduce storage costs, particularly in environments with heavy data redundancy. • Seamless Integration with HPC Workflows: Bacula supports modern HPC workflows by aligning with GPFS’s high-performance I/O demands, ensuring minimal disruption and maximum compatibility. Bacula Systems continues to lead the industry in delivering adaptable, highly secure, enterprise-grade backup solutions. With native support for both ZFS and GPFS, Bacula further empowers IT teams to deploy tailored data protection strategies across a wide variety of performance-critical file systems. Bacula Systems customers include NASA, Navisite, Texas A&M University, Sky PLC, Warner Bros Discovery, Locaweb and many more. For more information about Bacula’s GPFS integration and enterprise backup solutions, visit www.baculasystems.com/contactus/ IBM Spectrum Scale is a trademark of International Business Machines Corp. About Bacula Systems: Bacula Enterprise is an exceptionally secure, highly scalable backup and recovery software for large organizations, data centers, High Performance Computing, and MSPs. www.baculasystems.com Contact Details Rob Morrison +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

June 11, 2025 04:06 AM Eastern Daylight Time

Article thumbnail News Release

SeaTrainTM Technology Appoints Katy Nierman as CFO Amid Rapid Maritime Industry Growth and Innovation

SeaTrain Technology

SeaTrain Technology, LLC, a trailblazer in sustainable maritime innovation, proudly announces the appointment of Katy Nierman as its Chief Financial Officer (CFO). Ms. Nierman brings over two decades of financial and operational leadership across diverse technology sectors in both domestic and international markets. A recognized leader in her field, she was named one of the Top 20 CFOs to watch by Washington Exec and one of the Top 5 Inspiring Women Government Executives in 2023. “Katy’s entrepreneurial growth mindset, strategic achievements and deep expertise in both government and commercial technology solutions make her a tremendous asset as we advance our long-term plan to revitalize the maritime industry.” claimed SeaTrain Technologies’ CEO Carleen Walker. In her role as CFO, Ms. Nierman will oversee finance, accounting, risk management and supply chain operations. Her leadership will be critical to supporting SeaTrain’s mission to revolutionize ocean shipping by delivering unmatched efficiency, profitability, reliability, and environmental sustainability. As SeaTrain’s patented technology continues development in collaboration with industry partners and maritime regulatory bodies, Ms. Nierman will provide a pivotal role in optimizing internal controls, ensuring operational efficiency, and securing strategic funding. “I’m honored to lead the financial strategy behind this transformative technology,” said Nierman. “This is a pivotal moment for the shipping industry, and I’m excited to work alongside a visionary team that’s redefining what’s possible in maritime innovation. Together, we are laying the foundation for a new standard in ship design, construction, and operation—one that advances both economic performance and environmental sustainability.” SeaTrain’s forward-thinking approach and commitment to innovation position the company at the forefront of a rapidly changing maritime landscape. With Ms. Nierman joining the executive team, SeaTrain is poised to accelerate its growth and impact. For more information about SeaTrain Technology and its groundbreaking initiatives, please visit SeaTrain Technology. SeaTrain Technology, established in 2023 and headquartered in Boynton Beach, Florida, is on a mission to revolutionize the shipping, energy, and defense sectors through its patented submersible glider technology. The company’s core values—innovation, sustainability, efficiency, and safety—are at the forefront of its operations, aiming to set new standards in performance and streamline shipbuilding and operations. Contact Details Carleen Lyden Walker +1 203-260-0480 Carleen@seatraintech.com

June 10, 2025 04:26 PM Eastern Daylight Time

Image
Article thumbnail News Release

Kryton International Urges Durable Concrete Standards as Data Centers Face Mounting Infrastructure Risks

The Hoyt Organization

As the demand for high-performance data centers surges around the world, Kryton International, the global leader in waterproofing and durability solutions for concrete, is calling attention to a growing threat to uptime and asset longevity: concrete degradation. With operators increasingly adopting robotics and automation within their facilities, the need for ultra-durable, waterproof concrete is no longer optional — it’s critical. According to Forbes, the average cost of a data center outage has soared to over $9,000 per minute, with some incidents exceeding $1 million per hour. Seemingly minor infrastructure failures — such as a hairline crack in a concrete slab that leads to water ingress — can escalate rapidly, damaging sensitive servers and power infrastructure. Even small leaks that do not fully penetrate can corrode the internal steel rebar and trigger a full collapse of concrete walls, cable trays, raised floors, power conduits, or cooling lines. “Concrete is often treated as a static component of a data center, but in reality, it is a dynamic and vulnerable part of the facility,” said Kari Yuers, President & CEO of Kryton International. “Traditional concrete is prone to microcracking, water penetration, and abrasion — all of which can lead to costly damage, downtime, and reputational risk for operators.” This risk is amplified by the massive volumes of water used to cool today’s data centers. Many large facilities use millions of gallons of water daily to regulate temperature — Google alone reported using over 5 billion gallons of water across its U.S. data centers in 2022. As cooling systems circulate water through and around concrete infrastructure, the potential for seepage and structural degradation grows — especially when relying on outdated or inadequately treated concrete. Additionally, the implementation of robotics to handle racks within the facility – an increasingly more common practice within the data center industry – subjects the concrete to abrasion from wheeled traffic cycles. Kryton’s Krystol Internal Membrane™ (KIM®) and Hard-Cem® admixtures provide industry-leading protection by making concrete self-sealing, waterproof, and resistant to abrasion — even under the heavy loads and constant movement associated with robotic systems. “Data centers are expanding to handle the processing power of AI systems, and the modern, high-efficiency warehouses are increasingly being driven by robotics,” said Yuers. “That shift demands a new standard in concrete performance — one that resists not just time, but moisture and abrasion.” The need is growing as hyperscale and edge data centers expand into regions with high water tables, such as Texas and the Southern U.S.; seismic activity; or wide seasonal temperature swings — all of which increase the risk of concrete deterioration. Once a water leak occurs, not only is there potential damage to electronics, but entire operations may grind to a halt for remediation and equipment replacement. By integrating Kryton's innovative admixtures at the time of construction, operators can avoid costly shutdowns, eliminate reliance on external waterproofing membranes, and ensure long-term operational resilience. Key Advantages of Advanced Concrete Solutions in Data Centers: Moisture Protection: Waterproof concrete helps eliminate the risk of seepage and moisture migration through floors and below-grade walls, which is especially vital in facilities with raised floors or sensitive power and cooling infrastructure. Long-Term Integrity: Abrasion-resistant concrete stands up to the high traffic and mechanical wear caused by heavy equipment, maintenance operations, and cable tray installations—ensuring longevity without the need for frequent repairs. Energy and Cost Efficiency: By mitigating risks of structural damage, corrosion, and mold growth, advanced concrete formulations reduce the need for costly repairs, operational disruptions, and energy losses from compromised insulation systems. For more information about Kryton’s concrete durability solutions for mission-critical infrastructure, visit www.kryton.com. ABOUT KRYTON Kryton International Inc. is the inventor of the crystalline waterproofing admixture and has been waterproofing concrete structures with its proprietary Krystol® technology since 1973. Kryton has won awards for innovation, manufacturing, best place to work, and entrepreneurship. Kryton is an active member of the American Concrete Institute, International Concrete Repair Institute, American Shotcrete Association, and many other thought-leading organizations. Kryton exports its products to more than 50 countries globally. www.kryton.com Contact Details Kryton International Andrew King +1 914-513-6895 aking@hoytorg.com Company Website https://www.kryton.com/

June 10, 2025 09:00 AM Pacific Daylight Time

12345 ... 644