Connect with us

Technology

SOFTBANK AND ALTAEROS LAUNCH WORLD’S FIRST AUTONOMOUS AEROSTAT

Published

on

Altaeros’ ST-Flex is a rapidly deployable autonomous aerostat

HOKKAIDO SPACEPORT, TAIKI TOWN, HOKKAIDO, Japan, June 22, 2022 /PRNewswire/ — SoftBank Corp. (“SoftBank”), Japan’s leading mobile carrier, completed initial testing of Altaeros’ ST-Flex™ autonomous aerostat. Operational and telecom tests were performed at Hokkaido Spaceport, Taiki Town, Hokkaido, Japan. Learn more about ST-Flex: www.altaeros.com 

SoftBank and Altaeros first launched the ST-Flex on May 2, 2022 and performed evaluation tests through May. ST-Flex carried SoftBank’s base station system, which was equipped with its proprietary cylindrical antenna that realizes communication area footprint fixation, to a height of 816 feet (249m), where it was connected to their ground equipment via optical fiber and power conductors embedded in the tethers. From SoftBank’s announcement: “The newly developed high-altitude tethered aerostat base station system was operable at higher altitudes and carried heavier communication payloads, and it also achieved wider area network coverage with greater communication stability during the trial”  Details and additional results from SoftBank’s telecom testing can be found here: https://www.softbank.jp/en/corp/news/press/sbkk/2022/20220622_01/ 

Aerostat Autopilot™, Altaeros’ proprietary autonomous control system, eliminates on-site crew for daily operations and ensures the highest level of reliability, making ST-Flex the most cost-effective aerostat solution in its class. During the test program, the ST-Flex excelled in highly variable weather conditions, including gale-force wind. Altaeros’ three tether autonomous controls create stability in the aerostat and control pitch, roll, and yaw to keep the aerostat steady even in varying weather conditions. The autonomous features provide a level of performance and flexibility unparalleled amongst commercial unmanned aerial vehicles (UAVs). Watch highlights here: https://youtu.be/tENcZXFsfEU 

“We are incredibly excited to have completed the first international launch of the ST-Flex,” said Altaeros CEO, Ben Glass. “Successful testing of SoftBank’s Footprint Fixation Technology on the ST-Flex is a huge milestone which will further the development and effectiveness of many aerial telecommunications platforms to help bring critical services around the world.” 

About SoftBank Corp.
Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) provides telecommunications services and combines them with advanced technologies to develop and operate new businesses in Japan and globally. In the year ended March 2022, SoftBank Corp. registered 5.7 trillion yen of revenue, 985.7 billion of operating income, and had 319 group companies (245 subsidiaries and 74 affiliates), both in Japan and abroad. SoftBank Corp. has 57 million mobile and broadband subscribers in Japan, and through its group companies Yahoo Japan Corporation, PayPay Corporation and LINE Corporation, 86 million online media users, 46 million smartphone payment users and 92 million communication app users, respectively (as of May 11, 2022). With this strong business foundation and compelling number of customer touchpoints, SoftBank Corp. is expanding into non-telecom fields in line with its “Beyond Carrier” growth strategy while further growing its telecom business. Also, by fully harnessing the power of 5G, AI, IoT, Digital Twin, Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications, and other key technologies, SoftBank Corp. aims to realize the “Implementation of Digitalization into Society.” In recognition of its ESG initiatives, SoftBank Corp. was selected for inclusion in the Dow Jones Sustainability Indices, FTSE4Good, 2022 Constituent MSCI Japan ESG Select Leaders Index and other leading global ESG investments indices. To learn more, please visit https://www.softbank.jp/en/

About Altaeros: Altaeros’ mission is to connect people, machines, and data, no matter where they happen to be located. We leverage cutting edge autonomy and advanced aerospace technology to build the most effective aerial platform available. Our SuperTowers are used to deliver high speed, low-cost broadband to underserved communities, build IoT networks to monitor industrial sites or crop health, provide an elevated vantage point for first responders fighting wildfires or other natural disasters, and any number of other applications. Altaeros is headquartered in Greater Boston, with production and test facilities in southern New Hampshire. Altaeros is backed by SoftBank Group, SPARX, SKK, Safar Partners and others.
Learn more at www.altaeros.com

 

 

Photo – https://mma.prnewswire.com/media/1845169/Altaeros_ST_Flex.jpg
Video – https://www.youtube.com/watch?v=tENcZXFsfEU
Photo – https://mma.prnewswire.com/media/1845168/ST_Flex_launch.jpg
Logo – https://mma.prnewswire.com/media/642636/Altaeros_Logo.jpg

Continue Reading

Technology

STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

Published

on

By

NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

View original content:https://www.prnewswire.com/news-releases/stephen-a-smith-addresses-white-house-dinner-attendance-reaffirms-commitment-to-hbcus-and-protecting-corporate-investment-in-black-education-302918547.html

SOURCE Straight Shooter Media

Continue Reading

Technology

Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

Published

on

By

TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

Continue Reading

Technology

Club Offers for Travel Enthusiasts in Canada

Published

on

By

TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

Continue Reading

Trending