Fintech PR
Canada’s First 5G Wireless Network for Open Innovation is Open For Business
Canada’s first pre-commercial 5G wireless testbed is up and running, creating the backbone of Canada’s digital economy and drawing interest from small- and medium-sized companies (SME) to develop and test new products and services. Yesterday Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade, and Pierre Fitzgibbon, Quebec’s Minister of Economy and Innovation, received a progress update on the Evolution of Networked Services through a Corridor in Quebec and Ontario for Research and Innovation known as ENCQOR 5G.
ENCQOR 5G includes the first pre-commercial fifth-generation wireless network for open innovation in Canada housed at five hub locations in Ontario (Ottawa, Toronto, Kitchener-Waterloo) and Quebec (Montreal and Quebec City). The update hails the start of business collaboration in key areas such as transportation including connected and autonomous vehicles, remote healthcare, virtual/augmented reality, smart cities, fintech, industry 4.0, energy, cybersecurity and the Internet of Things (IoT).
“Technology is changing the way we live, work and do business — building our digital infrastructure is key to supporting an innovation economy and the next generation of jobs for Ontarians,” said Minister Fedeli. “Through this partnership, we are leveraging Ontario’s strengths in information and communications technologies and paving the way for future innovation and growth across sectors. 5G access shows Ontario is open for business.”
“Thanks to ENCQOR, to date, nearly 150 Quebec companies and organizations are carrying out or planning tests at the Montréal and Québec innovation sites to prepare for receiving 5G technology and to measure its benefits for their products and services,” said Germain Lamonde, Chairman of the Board of Innovation ENCQOR. “These facilities offer high connectivity, high capacity, low latency and all the promises of the 5G revolution. Many entrepreneurs, employees and managers of SMEs are now aware of these new capacities and can lean on them to innovate and become leaders of this revolution. And we are very proud of it.”
ENCQOR 5G brings together SMEs, industry, government, researchers and academia in both Quebec and Ontario to collaborate on the commercialization of disruptive products, processes, and services, providing a first-to-market advantage and to improve the ability of SMEs to scale.
“I am excited at the progress we are seeing through this innovative collaboration positioning Canada as a leader in development of 5G technologies.” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. “From enabling doctors to perform surgeries-at-a-distance and unclogging our congested streets through AI-enhanced city planning, 5G technology will change the way we live, work and engage with one another. To prepare for the future, we must be bold, visionary and decisive.”
Applications are now being accepted in both provinces for entrepreneurs to submit their project proposals to help accelerate the development and adoption of digital technologies.
ENCQOR 5G includes five digital technology leaders (Ericsson, Ciena Canada Inc., Thales Canada Inc., IBM Canada, and CGI) as well as provincial coordinators INNOVATION ENCQOR, Prompt and CEFRIO in Quebec and Ontario Centres of Excellence (OCE) in Ontario. The five-year ENCQOR 5G project is made possible in part by funding from the Canadian government and the provincial governments of Quebec and Ontario and is expected to create 4,000 jobs including 1,800 specialized 5G jobs.
QUOTES
Ericsson Canada
“Ericsson is a global leader with 22 publicly announced 5G contracts around the world. 5G mobile networks will provide new critical capabilities such as ultra-high capacity, super-high reliability and low latency, which will allow businesses to develop creative new solutions to unlock use cases that are simply not possible with 4G networks today,” said Graham Osborne, Head of Ericsson Canada. “Ericsson has provided the 5G mobile infrastructure in both Ontario and Quebec for the ENCQOR network. The ENCQOR program will enable early access by enterprises to a pre-commercial 5G infrastructure to develop and demonstrate a new wave of solutions for the economy of the future. Ericsson believes this initiative will enable Ontario and Quebec to develop a leadership position in the 5G market that will drive jobs and economic growth.”
Ciena
“ENCQOR paves the way for organizations to get a realistic view of how 5G will improve the way we communicate and interact,” said Scott McFeely, Senior Vice President, Ciena. “ENCQOR’s 5G wireless testbed platform, equipped with Ciena’s packet-optical technology, gives open access to small- and medium-sized enterprises to develop and test new 5G applications and use cases, which will push us even closer to experiencing the next generation of mobile digital communication.”
Thales Canada Inc.
“ENCQOR reflects Thales’ commitment to ensuring Canada is a leader in the global 5G digital transformation,” said Mark Halinaty, President & CEO, Thales Canada Inc. “Thales builds and develops its digital expertise around four major digital technologies which play a key role in critical decision-making chains: connectivity and mobility, big data, artificial intelligence and cybersecurity. We are proud that our expertise and technology powers key Canadian R&D activities and supports the engagement of SMEs across Ontario and Quebec, enabling rapid access to global business opportunities. Today’s announcement further demonstrates the importance of ENCQOR to the development and commercialization of Canadian 5G technologies which will support all aspects of our society, from safer commutes and smarter cities, to access to new economies.”
IBM Canada
“Our development initiatives in silicon photonics interconnections have been an integral part of IBM’s innovation efforts to respond to our clients’ growing needs in AI and high performance computing, including quantum and big data management,” said Louis Labelle, the Director in Chief of the IBM Canada Bromont plant. “The support we have received thus far through the ENCQOR consortium has been essential in accelerating our efforts to transform industries through the assembly and testing of key components in high bandwidth networks. We look forward to continued success and collaboration with our partners.”
CGI Canada
“ENCQOR hubs in Quebec and Ontario will fuel innovation and collaboration between CGI, academia and small/medium business,” explained Mark Boyajian, President of CGI’s Canada operations. “CGI’s expertise in Smart Grid solutions will support ENCQOR participants as we build a new generation of services and solutions for utilities, municipalities and other industries that exploit the clear benefits of 5G.”
Ontario Centres of Excellence
“Access to cutting edge technology like the ENCQOR pre-commercial 5G wireless testbed is key to the success of SMEs as they test and develop new products in Ontario,” said Claudia Krywiak, Interim President and CEO, OCE. “The ENCQOR 5G platform gives companies in many sectors of the economy a first-to-market advantage that can translate into jobs, national and global growth and an increased ability to scale.”
BluWave-ai (ENCQOR Program Participant)
“5G technologies are key for many of the emerging applications in the digital economy where machines are connected through these high-speed connections. At BluWave-ai, we are leveraging IoT sensors from renewable energy-oriented equipment like solar panels and batteries in electricity utility networks to aggressively displace fossil fuels with real time controls. To do this we need to have distributed AI prediction, optimization and subsequent management of utility networks leveraging high speed communications between the cloud and those IoT sensors,” said Devashish Paul, CEO, BluWave-ai. “Programs such as ENCQOR provide us with real world venues to test these technologies before deploying in complex utility networks and we’re proud to be a partner with OCE on this”.
Mnubo (ENCQOR Program Participant)
“The ENQCOR project is an exceptional opportunity for our SMEs. The Montréal and Québec Innovation Sites provide companies with resources and infrastructure to enable them to experiment with 5G products and services. And soon, practical workshops will aim to help those who do not yet have projects in development or who want to better understand 5G,” said Frédéric Bastien, President and CEO, Mnubo. “ENQCOR will offer them access to software and prototype equipment in order to carry out integration activities that will ultimately improve the competitiveness of Quebec businesses here and abroad.”
SOURCE Ontario Centres of Excellence Inc.
STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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EQT AB Group |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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