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JMA receives $44 million in federal funding to boost state-of-the-art 5G manufacturing facility in Syracuse

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SCHUMER ANNOUNCES NEARLY $44 MILLION FOR SYRACUSE’S JMA WIRELESS FROM HIS BIPARTISAN CHIPS & SCIENCE LAW TO PIONEER NEW STATE-OF-THE-ART AMERICAN-MADE 5G TECHNOLOGY, CREATING NEW, GOOD-PAYING JOBS, & NEW PRODUCTION IN CENTRAL NY

JMA’s CNY Facility Is The Only Major American-Owned 5G Manufacturing Factory; The Smart Factory Complies With “Buy America” Standards Schumer Included In The Bipartisan Infrastructure Investment & Jobs Law To Expand American Manufacturing Of Telecom Technology

Now, With Support From Wireless Innovation Fund Schumer Created In Bipartisan CHIPS & Science Law, JMA Will Invest A Total $75+ Million In CNY To Create Dozens Of New, Good-Paying Jobs With A New Production Line To Enhance 5G Networks At Leading Wireless Carriers Like AT&T, Verizon, Boost, And More

Schumer: Thanks To CHIPS & Science, JMA Wireless Will Make Central NY An Epicenter Of Keeping America Ahead Of China In 5G.

SYRACUSE, N.Y., Dec. 13, 2024 /PRNewswire/ — U.S. Senate Majority Leader Chuck Schumer today announced $43,940,612 in federal funding from his bipartisan CHIPS & Science Law for JMA Wireless to pioneer the domestic manufacturing of 5G Open Radio Access Network (O-RAN)-compliant radio units (RU), and upgrade its state-of-the-art 5G manufacturing facilities in Central NY.

This award will support JMA to further invest $30 million in private capital, creating up to 30 new, good-paying jobs, with the potential for more down the road, to develop and commercialize new technology accelerating America’s wireless and 5G network capabilities. Schumer said this new production will help maintain America’s 5G leadership, which is critical to support advanced high-speed internet and the ability to directly compete with the Chinese Communist Party and companies like Huawei and ZTE, which the senator has long warned threaten U.S. national security.

“We need the future of America’s 5G technology built in Central NY, not China. Now thanks to my bipartisan CHIPS & Science Law, nearly $44 million in federal funding is on the way to make Syracuse’s JMA Wireless an epicenter for American innovation and manufacturing for the next generation of 5G wireless technology,” said Senator Schumer. “I’ve long sounded the alarm on companies backed by the Chinese Communist Party, like Huawei, and the threat their technology possess to our national security and economic primacy by stealing American’s personal data. Investments like this show the federal government is serious about taking back the reigns on critical technology like 5G and making sure the future of broadband and wireless technology is stamped ‘Made in America’ with JMA leading the way.”

Schumer added, “Today’s investment works in tandem with the new Buy America requirements for telecom technology I delivered through the Bipartisan Infrastructure & Jobs Law, boosting opportunities for Syracuse’s JMA to manufacture the equipment needed for building new high-speed internet across the country. Because of these efforts, JMA is bringing back this industry & good-paying jobs from overseas and ensuring the future of America’s high-speed network is secure and developed right here in Central NY.”

“The future of global security and economic leadership hinges on our ability to control and protect the next generation of wireless technology. No one understands this better than Leader Schumer. While this was bipartisan legislation, he was there at the beginning – advocating for secure, American-made 5G solutions that not only strengthen our supply chain but also put a critical check on adversaries like China. With this Wireless Innovation Fund grant, we’re bringing high-tech manufacturing jobs to upstate New York and accelerating the deployment of ORAN technology that will secure the U.S. position as a leader in wireless for years to come,” said John Mezzalingua, CEO of JMA Wireless.

Schumer explained that, currently, 5G wireless network coverage at major carriers like AT&T, Verizon, and Boost are capped by the limitations of commercially available radio technology, and JMA’s ARMOR platform will provide carriers with a next-generation solution to overcome existing limitations, increase their high-speed network capacity, and bring high-quality 5G coverage to communities across Central New York, New York State, and the entire U.S. The senator added that JMA will combine this nearly $44 million in new federal funding with more than $30 million of matching private investment to inject $75 million into growing their CNY manufacturing and workforce.

According to JMA, the investment will create up to 30 new, good-paying jobs initially to develop the technology and ramp to full production – with the potential for significant demand from major wireless carriers to drive the addition of more new manufacturing jobs in the years to come. In addition to accelerating JMA’s leadership in 5G open radio access network (ORAN) technology, reshoring critical domestic manufacturing, and strengthening our national security, Schumer said this investment will allow JMA to centralize and co-locate their testing capabilities and advanced manufacturing process prototype at their new, state-of-the-art 5G Innovation Campus and Global HQ in CNY where the company projects to produce and sell more than 12,000 state-of-the-art 5G ORAN radios per year.

The U.S. Department of Commerce’s Wireless Innovation Fund, funded by the bipartisan CHIPS & Science Law Schumer led to passage in the Senate, is dedicated to fostering U.S. wireless innovation and developing strong wireless networks across the country. The CHIPS & Science Law invested $1.5 billion for this program to reinforce U.S. leadership in the next generation of high-speed internet, foster competition, and strengthen U.S. supply chains. JMA is currently building a new ARMOR (American, Ruggedized, Modular, O-RAN, Radio) platform to improve operational efficiency and lower costs for 5G infrastructure across the country. This will increase capacity while lowering costs and reducing deployment time for 5G infrastructure, making wireless service more accessible.

JMA Wireless is ensuring the future of wireless networks is being powered in Central NY! I’ve long supported JMA’s effort to reinforce American leadership in 5G wireless, and I’m proud that nearly $44 million in federal funding from my CHIPS & Science Law is going to help JMA boost its state-of-the-art manufacturing facility in Syracuse.

Syracuse Mayor Walsh said, “JMA Wireless’s leadership in 5G technology has and will continue to advance the Syracuse Surge, our strategy for inclusive growth in the New Economy. Thanks to the CHIPS & Science Law and the strong support of Senator Schumer, Syracuse is emerging as a global leader in technology manufacturing and innovation.”

“This Wireless Innovation Fund Grant is a critical step toward ensuring that the U.S. is at the forefront of global 5G innovation. By investing in companies like JMA, the US is creating a safer, more resilient supply chain while providing the tools our country and infrastructure need to remain competitive. JMA’s work, along with key partnerships from U.S. carriers, will drive forward the innovation that keeps America secure,” said Diane Rinaldo, Executive Director of the ORAN Alliance.

Schumer explained that he worked to include the Build America, Buy America Act in the Bipartisan Infrastructure & Jobs Law to ensure that Buy America rules apply to all taxpayer-funded infrastructure and public works projects. Before, American-made sourcing requirements applied to some federal infrastructure projects, but not all, including federal broadband programs. Schumer said that the Bipartisan Infrastructure Investment & Jobs Law closed these loopholes and ensures taxpayer dollars are used to sustain and grow jobs in domestic manufacturing and throughout product supply chains when investing in the nation’s infrastructure.

Schumer said JMA Wireless – and its over 500 employees – received a boost from Build America, Buy America for high-speed internet expansion in the Bipartisan Infrastructure Investment & Jobs Law. Schumer said JMA Wireless, which has invested over $400 million in RAN R&D, facilities, and manufacturing capacity since 2017, is working hard to restore U.S. leadership in cutting-edge wireless technology at a critical time in the transition to 5G by producing some of the world’s most advanced wireless broadband products right in Syracuse. By harnessing funds from the Bipartisan Infrastructure Investment & Jobs Law and the “Build America, Buy America” requirement, the radios and antennas made at JMA’s new Syracuse factory are supplying efforts to help bridge the digital divide while also creating high-tech manufacturing jobs in Central New York.

The Bipartisan Infrastructure Investment & Jobs Law, which Schumer led to passage in the Senate, contained a record $65 billion for the expansion of high-speed internet, including $42.45 billion for broadband deployment grants to states which New York received over $600 million, $2.75 billion for Digital Equity and Inclusion, $2 billion for the Tribal Connectivity Fund and $1 billion for Middle Mile Broadband infrastructure – all of which will be distributed by the Department of Commerce’s National Telecommunications and Information Administration (NTIA).

Schumer explained investing in American telecommunications companies like JMA Wireless is especially important amid fears that foreign-owned telecommunications companies, particularly Chinese state-owned ones, could spy on Americans. Schumer has long been critical of the Chinese state-owned telecommunications company Huawei, successfully fighting to put Huawei and its affiliates on the U.S. Department of Treasury’s Specially Designated Nationals list and introducing a bill to prohibit Huawei from operating in the U.S. The senator explained that by boosting companies like JMA, more American-made telecommunications equipment will be made available, reducing reliance on foreign-made technology, as well as helping make JMA a global leader.

Media Contact:
John Puskar
jpuskar@jmawireless.com

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SOURCE JMA Wireless

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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets

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ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.

This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.

Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.

Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.

The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”

Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”

Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.

About Abu Dhabi Securities Exchange (ADX)

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.

The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.

The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.

The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae

 

 

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SOURCE Abu Dhabi Securities Exchange (ADX)

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Geotab integrates Polestar vehicles into its OEM telematics network

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Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.

LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.

Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.

Connected vehicle data where it matters most

Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.

This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.

Supporting Europe’s Mixed-Fleet Reality

OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.

“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.

Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.

“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”

Global Availability

The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

About Geotab

Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.

GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.

Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com

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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability

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New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies

LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.

The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.

The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.

The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.

“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”

“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”

The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.

“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”

ABOUT IDX  

IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.

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