JV to accelerate business process transformation for enterprises leveraging digital procurement platforms

BENGALURU, India and TOKYO, April 17, 2025 /PRNewswire/ — Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys’ presence in Japan. MHI is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.

HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.

MHI has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a 2 percent stake from Infosys. Through this investment MHI aims to further explore new business opportunities in the region.

Anantha Radhakrishnan, CEO and MD, Infosys BPM, and Chairperson, HIPUS Board said, “Japan continues to be a strategic market for Infosys and HIPUS and we have consistently expanded our footprint in the region. This collaboration with MHI reinforces Infosys’ commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS.”

Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries, said, “In our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy, we expect HIPUS advanced analytics and support to significantly improve procurement operations, enable well informed decision making, and generate greater value across the organization.”

Kiyoshi Asami, CEO and Representative Director, HIPUS, said, “MHI has become an important client for HIPUS receiving a wide range of services. HIPUS is also executing MHI services beyond Japan, leveraging Infosys’ global presence as well as its strong sourcing and procurement services. We are extremely delighted that MHI has decided to invest in HIPUS and we look forward to an impactful collaboration.”

The transaction is expected to close during the first quarter of fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions.

About Mitsubishi Heavy Industries (MHI) Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com

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About HiPUS

HIPUS Co., Ltd. promotes business process transformation and provide total procurement solutions with the procurement know-how cultivated over many years in the Hitachi Group as our business core. Since April 2019, Infosys has become our parent company, and we provide new, cutting-edge services that combine global knowledge and domestic skills in procurement processes, consulting, analytics, Gen AI, and other digital technology services. For more information, please visit https://www.hipus.com.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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PALM BEACH, Fla., April 17, 2025 /PRNewswire/ — FN Media Group News Commentary – New reports focusing on the global drone market are suggesting a better outlook than previously expected. One recent report said that the global drone industry has progressed significantly since its early days of experimentation and regulatory challenges. Its growth is now more than just a buzzword; it signifies a quantifiable, multibillion-dollar trend affecting various industries, including construction, agriculture, infrastructure, and energy.  The commercial drone industry has shown resilience and adaptability despite certain regions’ geopolitical tensions and economic uncertainties. Indeed, the latest report projects a compound annual growth rate (CAGR) that firmly establishes drones as a vital part of automation strategies and digital infrastructure.”  It continued: “According to the analysis, the global market is projected to reach US$57.8 billion by 2030, up from an estimated US$40.6 billion in 2025. These figures indicate that drone use has increased across industries and that the entire drone ecosystem—from services and software to hardware and regulations—has matured significantly.  The largest segment of the commercial drone market is the commercial service market, projected to generate US$29.4 billion by 2025. The second largest and fastest-growing segment is commercial hardware, valued at US$6.7 billion as of 2025. The smallest segment is the commercial software market, expected to reach US$1.7 billion in size by 2025.”  Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ambarella, Inc. (NASDAQ: AMBA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Ondas Holdings Inc. (NASDAQ: ONDS), Lockheed Martin (NYSE: LMT).

The report continued: “Growing regions in Latin America and Africa are accelerating as local ecosystems and drone accessibility improve, while North America and Asia remain the leaders, with Europe closely following. In terms of applications, drones are still most frequently used in energy, construction, and agriculture, but their utilization is gaining momentum in logistics, public safety, and public administration.  Despite industry consolidation, the market has expanded due to the strong impact of the services segment. Engineering, training, reseller, and consulting services have reached record income. However, flight operations account for the highest accumulated revenue. The total number of drone flights in 2024 increased by 25%, rising from 15.5 million to 19.5 million flights globally. Asia is leading with the most drone flights at 6.3 million in 2024, reflecting a 13% increase compared to 2023. It is followed by North America with 3.9 million flights (+14%) and Europe with 3.8 million flights (+34%).”  It concluded: “The rise of the drone market is more than just a trend; it’s a fundamental shift in how businesses gather information, automate processes, and tackle pressing issues. Our understanding of this market’s direction needs to evolve alongside its sophistication. It is crucial for anyone hoping to stay ahead of the curve in 2025 and beyond to access reliable and valuable knowledge.”

ZenaTech (NASDAQ:ZENA) to Showcase Drone as a Service (DaaS) and AI Drone Innovation for Commercial and Defense Markets at Two Premier Investor Conferences — D. Boral Capital Conference and Ladenburg Technology Innovation Expo25 – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that the company was invited and will participate at two prominent investor conferences next month: the D. Boral Capital Conference and the Ladenburg Thalmann Technology Innovation Expo.

These high-profile investor events bring together a variety of institutional investors to explore cutting-edge technologies and investment opportunities. ZenaTech’s leadership team will present an overview of the company and engage in one-on-one meetings on the latest developments regarding its AI drone solutions for commercial and defense markets and the expansion of its Drones as a Service (DaaS) business model.

Conference Details:

D. Boral Capital Inaugural Global Conference:  One of the most prestigious events for emerging growth issuers and institutional investors in the world, it showcases dynamic public and private companies across multiple sectors in an intimate setting. Approximately 75 presenting companies and hundreds of institutional investors are expected to attend.   Date and Venue: May 14, 2025, The Plaza Hotel — 5th Avenue at Central Park South, New York, NY 10019

Ladenburg Thalmann Technology Innovation Expo25: The Expo is a full-day event showcasing approximately 50 AI-driven technology companies through presentations, live demos, and one-on-one meetings. Designed to foster meaningful investor engagement, the conference brings together public company executives, institutional investors, and industry professionals.   Date and Venue: May 21, 2025, Convene — 101 Park Avenue, New York, NY

To book a one-on-one meeting with ZenaTech at one of these events, please refer to the conference website links.  Continued…  Read this full release by visiting:  https://www.financialnewsmedia.com/news-zena/

Other recent developments in the markets include:

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Ambarella, Inc. (NASDAQ: AMBA) recently announced during the ISC West security expo that it is continuing to push the envelope for what is possible with generative AI at the edge. As a leading supplier of edge AI systems-on-chip (SoCs), Ambarella recently achieved the milestone of 30 million cumulative units shipped. The company is reinforcing that business and technology leadership with live demonstrations at this week’s show of its latest cutting-edge GenAI and vision AI capabilities.

The new demonstrations highlight Ambarella’s ability to enable scalable, high-performance reasoning and vision AI applications across its ultra-efficient, edge-inference CVflow® 3.0 AI SoC portfolio, which now supports most of the leading GenAI models from 0.5 to 34 billion parameters. In particular, the company will debut live demonstrations of the DeepSeek GenAI models running on three different price/performance levels of its SoC portfolio. These new demos, along with its advanced multi-stream video analysis demonstrations, exemplify how Ambarella is pushing the boundaries of real-time, AI-powered security and analytics by running state-of-the-art (SOTA) vision language models (VLMs), for both on-device and centralized on-premise AI hub applications with exceptional multimodal video intelligence.

These demonstrations further illustrate how Ambarella is bringing advanced reasoning capabilities to real-world applications without requiring cloud processing. Additionally, the scalable AI performance across its large portfolio of edge AI SoCs ensures that customers can deploy the same AI models across different product tiers, from high-performance computing to ultra-low-power inference.

AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, recently participated in the 173rd Airborne Brigade’s 1st annual Innovation Symposium. During the event, the Company demonstrated its eBee VISION drone and contributed to roundtable discussions on the future of unmanned aerial systems (UAS) in military operations.

“We demonstrated the operational advantages of the eBee VISION to a highly influential and forward-thinking audience. Direct engagements with military leaders and decision-makers builds a better understand of our customers’ evolving mission needs,” commented AgEagle CEO Billy Irby. “Our eBee VISION delivers real-time visual intelligence with a tactical-oriented minimal logistics footprint, making it a key asset for rapid-response situational awareness in the field.”

Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that it has secured a $3.2 million purchase order from a governmental entity in the United Arab Emirates (UAE). The new order supports the continued buildout of urban autonomous drone infrastructure in the UAE and expands the existing Optimus drone network, which is operated by the local government as part of its broader Safe and Smart City initiatives.

“We are witnessing the network effect of the Optimus drone network in UAE,” said Eric Brock, Chairman and CEO of Ondas Holdings. “The effectiveness of the Optimus System and its ability to reduce response times of emergency units have been proven during our operations there, and this order further validates the system’s value. We are proud to support the UAE’s leadership in Drone as First Responder (DFR) technology, which is also developing in the US. We believe that our Optimus system is the most mature and robust platform in the market and certified for such critical security operations. We look forward to replicating this success in other cities around the world.”

Lockheed Martin (NYSE: LMT) recently announced in collaboration with Arquimea demonstrated an anomaly detection capability for Intelligence, Surveillance, and Reconnaissance (ISR) platforms as they scan a mission area.

This cutting-edge capability reduces the number of scans by a sensor to identify unusual patterns or deviations from expected behavior in data, systems, or processes – specifically in the electro optical and infrared spectra – and dramatically improves the detection of changes in physical features. These approaches have proven valuable for predicting image characteristics that may not be visible from a single viewpoint.

Anomaly detection in electro-optical (EO) and infrared (IR) spectra enhances security, disaster response, environmental monitoring, and safety. It also helps detect hidden threats, wildfires, pollution, and equipment failures. This technology improves awareness, enables early warnings, and supports better decision-making.

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DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty one hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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LONDON, April 17, 2025 /PRNewswire/ — ZND, a digital finance platform operated by regulated European digital asset exchange zondacrypto, has secured a $20 million token investment commitment from Rollman Management Digital to support the continued development of its technology and business operations. ZND’s goal is to provide a streamlined one-stop-shop to explore, earn, trade, and borrow digital assets.

This funding will help advance the platform’s vision of becoming a user-friendly, all-in-one destination that enables individuals to access and engage with digital finance in a simple and intuitive way.

“We’re incredibly proud of what we’ve built with ZND so far, and this commitment from Rollman Management Digital is a major milestone in our journey,” said Przemysław Kral, CEO of zondacrypto. “It’s a strong signal of trust, not just in our technology and vision, but in the long-term value of the $ZND token. With this investment, we’ll be able to accelerate development, add new features, and continue building a platform that makes digital finance more accessible to everyone. We’re just getting started, and the best is yet to come.”

“Our US$20 million commitment to ZND shows our strong belief in the project, the team behind it, and the role the $ZND token will play in the platform’s growth,” said Victor R. Ch. Rollman, CEO of Rollman Management Digital. “From the very beginning, our conversations were open and collaborative. We appreciate how well the token model is built around long-term value and growth. This investment will help ZND move faster, improving the platform, reaching more users, and rolling out even more features than initially planned. We see real potential here and are proud to support what’s next.”

ZND’s primary objective is to lower the barriers to entry in digital finance by offering a platform tailored to both newcomers and experienced users. By combining cutting-edge technology with a focus on user-centric design, ZND aims to make digital finance more accessible and approachable.

ZND places a strong emphasis on regulatory compliance and security. The platform’s team follows relevant regulatory standards, pursues necessary licenses in its target jurisdictions, and maintains strict security protocols, including offline storage of digital assets and ongoing risk management measures.

This is the latest update in a series of recent announcements from zondacrypto. In line with zondacrypto’s values related to education, sports, and social engagement, it has appointed racing drivers Arthur Leclerc and Valtteri Bottas and cyclist Tiffany Cromwell as brand ambassadors, announced partnerships with the Strade Bianche, Milano-Sanremo and St-Tropez to Monaco bike rides, and has been named Title Sponsor of The Eisstadion Davos and AS Monaco Basket’s VIP Lounge.

About ZND

The ZND’s mission is to empower users to take control of their financial future through simple, reliable, and AI-powered cryptocurrency solutions. Whether you’re a beginner exploring digital assets or an advanced trader managing a diverse portfolio, ZND provides an intuitive and efficient ecosystem designed to enhance your experience in digital finance.

The $ZND token is at the core of our platform, serving as a settlement unit, reward mechanism, and user incentive. Integrated into our tokenomics model, $ZND is designed to grow alongside the expansion of the ZND ecosystem, reinforcing its value and utility. With a strong commitment to compliance, ZND adheres to EU crypto regulations and holds licenses in multiple countries, ensuring a secure and transparent trading environment. The team remains dedicated to simplifying digital finance and making it more accessible for everyone.

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More information can be found at www.znd.co and www.zndtoken.com, as well as in token’s Whitepaper and on project’s X, Telegram, Dextool, and GitBook.

About zondacrypto

zondacrypto is a trusted and long-established regulated crypto exchange in Europe, and the operator of the ZND platform. Founded in 2014 by a team of crypto visionaries, investors, and developers, zondacrypto has continuously evolved to uphold the highest regulatory standards while driving innovation beyond borders. The exchange holds operational licenses, VASP register entries, or SRO memberships in Italy, Switzerland, Cyprus, Estonia, Slovakia, and Canada. It is fully MiCAR-compliant and adheres to Estonia’s stringent AML regulations.

With a mission to simplify the world of crypto for all, zondacrypto is proud to support a range of cryptocurrencies, fiat currencies, and stablecoins. It also offers a suite of products, including the crypto-fiat payment gateway zondacrypto pay, the ZND asset management platform, and the zondacrypto Academy educational platform. Trusted by a global network of users, zondacrypto continues to lead in offering secure, innovative solutions for digital asset trading. zondacrypto is the driving force behind the ZND token. For more information, please visit zondacrypto.com.

About Rollman Management Digital

Rollman Management is a global business consulting and services firm specialised in emerging technologies for both traditional and transformative industries, driven by the firm belief that optimisation is not an end in itself but an opportunity to better the world of tomorrow. The firm seeks to invest in talented teams and their blockchain protocols to further develop their technology and business while adding significant value to the future of the modern economy.

More details are available at rollmanmanagement.com.

Media Contact
press@zondacrypto.com

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