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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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BTQ Technologies’ QSSN Selected as Core Security Infrastructure for South Korea’s First Bank-Led KRW Stablecoin Proof-of-Concept

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BTQ provides strategic advisory support and QSSN as core PQC security infrastructure for the iM Bank initiative on the Kaia mainnet, advancing post-quantum migration across global financial infrastructure

BTQ has been selected as the core post-quantum cryptography security technology provider for South Korea’s first bank-led KRW stablecoin proof-of-concept, delivering its Quantum Secure Stablecoin Settlement Network (“QSSN”) for the initiative.
 BTQ is providing strategic advisory support and helping coordinate implementation across the partnership with iM Bank and Finger, supporting the integration of post-quantum protections into regulated digital money infrastructure.
 Built on the Kaia mainnet, the proof-of-concept is connected to the blockchain ecosystems originally developed by Kakao and LINE, linking the initiative to two of the largest messaging and digital platform ecosystems in Korea and Japan.

VANCOUVER, BC, May 6, 2026 /PRNewswire/ – BTQ Technologies Corp. (“BTQ” or the “Company”) (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced that it it has been selected as the core PQC security technology provider through its Quantum Secure Stablecoin Settlement Network (“QSSN”) in a proof-of-concept with its Korean strategic partner, Finger Inc. (“Finger”), and iM Bank, a leading Korean commercial bank, for South Korea’s first bank-led Korean won stablecoin infrastructure incorporating post-quantum cryptography (“PQC”).

The proof-of-concept represents more than a technical pilot. It marks an important step in bringing next-generation quantum security into banking infrastructure within Korea’s regulated financial system. In addition to providing QSSN as the core PQC security framework, BTQ is contributing consulting and strategic coordination across the three-way partnership, helping align the project’s security architecture, implementation approach, and long-term post-quantum migration objectives.

“Post-quantum migration requires more than a cryptographic upgrade. It requires coordination across infrastructure, implementation, and institutional stakeholders,” said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. “In this initiative, BTQ is providing both strategic advisory support and QSSN as the post-quantum security architecture, while helping lead coordination across the three-way partnership. We believe this proof-of-concept demonstrates how financial institutions can begin integrating quantum-resilient protections into digital money systems in a practical and operationally viable way.”

South Korea’s First Bank-Led PQC Stablecoin Infrastructure Initiative

BTQ is working alongside iM Bank and Finger on a three-way initiative to validate the issuance and distribution infrastructure for a Korean won stablecoin. In addition to supplying QSSN as the PQC security layer, BTQ is providing consulting support and helping to guide coordination across the partnership as the parties evaluate how to integrate post-quantum protections into bank-led digital asset infrastructure.

The proof-of-concept will validate several key components, including real-time reconciliation between bank reserves and blockchain-issued supply, a global-standard smart contract architecture, connectivity to global infrastructure for overseas distribution, and the integration of a PQC-based dual-signature security structure. By applying BTQ’s PQC signature architecture alongside the existing ECDSA cryptographic framework, the system is designed to preserve operational continuity for financial institutions while proactively addressing future quantum computing threats.

Built on Kaia Mainnet

A notable feature of the proof-of-concept is that it will be implemented on the Kaia mainnet, one of Korea’s leading Layer 1 blockchain networks. Kaia was created through the merger of Klaytn, the blockchain originally developed by Kakao, and Finschia, the blockchain associated with LINE. Kakao and LINE sit at the center of two of the largest messaging and digital platform ecosystems in Korea and Japan, respectively, making Kaia a significant piece of regional digital infrastructure.

Klaytn previously participated in the Bank of Korea’s CBDC pilot ecosystem, and the Bank of Korea has continued to advance CBDC testing through initiatives such as Project Hangang.

By combining BTQ’s PQC technology with blockchain infrastructure tied to the Kakao and LINE ecosystems, the proof-of-concept is intended to establish a model that aligns institutional-grade security, blockchain scalability, and evolving regulatory requirements for digital money infrastructure.

QSSN as the Security Layer

The PQC security foundation for the initiative is BTQ’s Quantum Secure Stablecoin Settlement Network, or QSSN, a quantum-secure network architecture designed for stablecoin, tokenized deposit, payment, and digital asset infrastructure. QSSN is designed to protect critical issuer functions, including stablecoin issuance, burning, transfer authority, upgrade control, and administrative permissions, by integrating PQC-based signatures while maintaining existing user experience and operational workflows.

BTQ has previously announced that QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework (“PQFIF”) as a model architecture for post-quantum digital money infrastructure. The Company has also positioned QSSN as a standards-oriented initiative advanced through QuINSA and aligned with emerging post-quantum financial infrastructure requirements.

Addressing the Harvest-Now, Decrypt-Later Risk

The timing of the proof-of-concept reflects the growing urgency surrounding the “Harvest-Now, Decrypt-Later” risk, in which attackers may collect encrypted financial data today and decrypt it later once sufficiently advanced quantum capabilities emerge. Global institutions are already accelerating post-quantum migration. The U.S. National Institute of Standards and Technology (“NIST”) has finalized its first set of post-quantum cryptography standards, including ML-DSA, ML-KEM, and SLH-DSA, while major technology companies and financial institutions continue to define their own post-quantum transition timelines.

BTQ’s QSSN addresses this challenge through a dual-signature design that allows existing ECDSA-based infrastructure to operate in parallel with NIST-aligned PQC signatures such as ML-DSA. This approach enables banks and payment infrastructure providers to begin a phased transition toward quantum-safe security without disrupting existing systems.

Expanding BTQ’s Korean Ecosystem

BTQ continues to expand its Korean ecosystem across digital assets, payments, banking infrastructure, and hardware-based security. In October 2025, BTQ announced that Finger had joined Danal as an early participant in BTQ’s QSSN pilot program, with the initiative expected to progress from proof-of-concept toward commercialization under QuINSA-aligned guidelines and broader industry frameworks such as PQFIF.

The commencement of the iM Bank proof-of-concept represents an important commercial signal for BTQ, indicating that demand for post-quantum migration among Korean financial institutions is beginning to move from policy discussion toward infrastructure-level implementation. As Korea advances both quantum technology policy and stablecoin-related regulatory discussions, BTQ believes QSSN is well positioned at the intersection of regulated finance, digital asset infrastructure, and post-quantum security.

About iM Bank
iM Bank is a South Korean commercial bank and a subsidiary of DGB Financial Group. Headquartered in Daegu, iM Bank presents itself as a financial companion for customers and traces its roots to Daegu Bank, which was established in 1967 as Korea’s first regional bank. For more information, please visit https://www.imbank.co.kr/

About Finger Inc. Group
Finger supplies and develops financial IT solutions to provide optimized money management strategies for employees and corporate customers. Providing “Smartphone Financial Services”, “Corporate Cash Management Services” for businesses, “Private Wealth Management Services” for private consumers.

Since the year 2000, Finger has accumulated a number of awards and patents regarding its businesses. Based on its Mobile Enterprise Application Platform(MEAP) Orchestra and its funds management system using screen-scrapping technologies, Finger was the first company in Korea to deliver a smartphone banking banking-service. For more information, please visit http://www.finger.co.kr/

About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.

Connect with BTQ: Website | LinkedIn | X/Twitter

ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as “anticipate”, “intend”, “expect”, “plan” or “may” and the variations of these words are intended to identify forward-looking statements and information.

The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.

Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company’s research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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SOURCE BTQ Technologies Corp.

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Zimmer Biomet to Present at the BofA Securities 2026 Health Care Conference

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WARSAW, Ind., May 6, 2026 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team will participate in the Bank of America Securities Health Care Conference on Wednesday, May 13, 2026, with a fireside chat at 8:40 a.m. PT (11:40 a.m. ET).

A live audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com. It will be available for replay following the fireside chat.

About Zimmer Biomet 
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.

With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation. 

For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow on LinkedIn at www.linkedin.com/company/zimmerbiomet or X at www.x.com/zimmerbiomet.

Contacts:

 

Media

Investors

Troy Kirkpatrick

David DeMartino

614-284-1926

646-531-6115

troy.kirkpatrick@zimmerbiomet.com

david.demartino@zimmerbiomet.com

Kirsten Fallon

Zach Weiner

781-779-5561

908-591-6955

kirsten.fallon@zimmerbiomet.com

zach.weiner@zimmerbiomet.com

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SOURCE Zimmer Biomet Holdings, Inc.

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NextLadder Ventures Announces Co-Founder Leadership Team, Investment Focus Areas For Over $1 Billion Initiative Empowering Americans with Personalized, Tech-Enabled Support Tools

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New senior hires from Google and The Collaborative Fund to lead product strategy and venture investing

Fund unveils first investment focus areas to catalyze new ‘Navigation Technology’ market, equipping Americans with cutting-edge tools to achieve economic security, opportunity and empowerment

ST. LOUIS, May 6, 2026 /PRNewswire/ — NextLadder Ventures, a new fund backed by more than $1 billion in capital, today announced its priority investment areas for building a new market for “Navigation Technology” (NavTech) — tools that provide Americans with personalized solutions to navigate life’s challenges and achieve greater economic mobility — and announced its co-founding team, including two new senior hires.

The fund’s active focus areas are based on extensive research identifying the key experiences and high-stakes decision points that have an outsized impact on American families’ economic mobility. Launched investment areas include financial health, career navigation, and benefits and social services access, with further exploration underway around housing, legal aid, justice and re-entry, and mental and physical health. 

The organization is also today welcoming two senior leaders: Lauren Loktev is joining NextLadder as Managing Director of Investments and Brigitte Hoyer Gosselink as Managing Director of Product. Loktev was most recently a partner at the Collaborative Fund, where she backed several breakout companies in early child development, education, and sustainability. Gosselink comes to NextLadder from Google, where she led the company’s AI and social impact portfolio. They join a growing team which has deep expertise at the intersection of economic mobility, technology, public policy, and philanthropy.

NextLadder’s Focus Areas for Investment

Today, the fund is kicking off a plan to deploy $1 billion over the next seven years to accelerate the design, development, and deployment of accessible NavTech tools that aim to help families more successfully navigate the major life experiences that determine whether they get ahead or fall behind. As NextLadder’s inaugural frontier AI lab partner, Anthropic is supporting the build-out of the organization’s AI-native capabilities and is offering technical assistance to NextLadder’s portfolio organizations. 

As an increasing proportion of Americans across income levels find themselves overextended and overwhelmed, NavTech tools are designed to help individuals and families understand their options, connect to information and resources, and take action to recover from a setback or take advantage of an opportunity and reclaim their economic futures.

“Life is getting harder, and too many Americans are stuck facing some of the most complex and consequential moments of their lives without much support,” said Ryan Rippel, CEO of NextLadder Ventures. “Every day, millions in this country face fork-in-the-road decisions that have major implications on whether they climb up the economic ladder or fall farther behind. AI has understandably intensified many Americans’ anxieties about their jobs and their security in the economy. But these technologies are now also making it possible to deliver highly personalized, affordable tools to meet the needs of tens of millions of Americans in a way that has never been practically achievable or financially viable before. With NavTech tools, built for the reality of families’ everyday experiences, we can empower Americans to overcome setbacks, navigate life’s toughest financial decisions, and build more secure futures.”

NavTech tools, built with the needs of individuals, families, and trusted community partners at the center of their design, have the potential to ease burdens most acutely faced by 90 million Americans who live in households that have difficulty in paying for usual home expenses, and turbocharge the capacity of the 1.6 million community workers in non-profit or local, state, and federal government roles who serve them. This growing category of digital technologies includes tools that help families access opportunities such as personalized financial advice and legal aid, get connected with available resources and programs, and manage unexpected hurdles like losing a job or facing an eviction – while freeing social workers and service providers to spend more time on people and less time on red tape and paperwork.

The fund’s active investment areas include:

Financial Health: Developing highly personalized, AI-powered financial health tools that can provide tailored, sustained counsel to help users build savings and protect and recover from financial shocks;
Career Navigation: Building tools to support career navigation, manage and support career transitions, and help workers, case managers, and employers identify pathways to living wage work — all designed to help people successfully find the right jobs for them.
Benefits & Social Services Access: Helping eligible Americans seamlessly identify and enroll in all the benefits and social services available to them, particularly those that support career navigation and transitions, help them navigate critical life moments, and achieve stability toward economic opportunity.

NextLadder is exploring additional focus areas, including housing, legal aid, justice and re-entry, caregiving, and mental and physical health. More on the organization’s vision of these focus areas is available HERE.

In addition to backing direct NavTech solutions, NextLadder is investing in the developers, partners, and standards required to build a durable, self-sustaining market. Across all focus areas, the fund is prioritizing efforts to ensure NavTech tools are reliable, protect users’ privacy, and are trusted by the families who depend on them.

NextLadder’s Co-Founder Leadership Team

NextLadder’s five co-founders will be CEO Ryan Rippel, Chief Strategy and Operations Officer Rhett Dornbach-Bender, Chief of Staff Callie Schwartz, and the two new senior hires: Managing Director of Investments Lauren Loktev and Managing Director of Product Brigitte Hoyer Gosselink, rounding out the fund’s expertise in investing, technology, and impact.

“We’re thrilled to welcome Lauren and Brigitte to the NextLadder team,” said Rippel. “Brigitte has spent her career proving that when applied purposefully, AI and technology can deliver meaningful benefits for communities, and she’ll set the bar for what NavTech tools can deliver for American families today and in the years to come. And with her deep experience backing mission-driven founders, Lauren is the perfect leader to build our venture practice from the ground up and accelerate the growth of the NavTech field. With this team in place, we’re positioned to make NavTech tools easier to build, fund, and access so they reach the people who need them most.”

Loktev brings 15 years of venture capital experience investing at the intersection of for-profit and for-good. Most recently at Collaborative Fund, she backed several companies to significant scale and launched Collab+Sesame, a first-of-its-kind thematic seed fund in partnership with Sesame Workshop focused on early childhood education. At NextLadder, she will build and lead the fund’s venture practice, sourcing and scaling investments in the founders building the next generation of NavTech tools.

“We have a once in a generation opportunity to help steer AI solutions toward those who need them most,” said Loktev. “Many amazing, accomplished founders see this too, and they are on a mission to build scalable, transformative businesses in the critical verticals that help people navigate life-changing moments. I couldn’t be more excited to join NextLadder and to support the most inspiring leaders building this market from the ground up. Thanks to our unique, long-term mandate, we can be creative and flexible in investing across stage and check size to partner with the entrepreneurs and leaders we believe will change the world.”

Prior to her role at NextLadder, Gosselink spent over a decade at Google in several roles including Director of AI and Social Impact, directing more than $500 million in funding for organizations applying AI to address challenges including crisis response, education, and economic opportunity. At NextLadder, she will lead AI and product strategy across the fund’s portfolio, backing solutions and setting market-wide standards for how NavTech tools are designed, evaluated, and improved over time.

“If we collectively harness the AI transformation strategically and purposefully, we can transform the way Americans are empowered to access greater economic mobility,” said Gosselink. “We believe that people-centered products, combined with shifts in the market and the services available to families, can fundamentally reshape how millions of Americans navigate critical moments and achieve prosperity on their own terms.”

To request interviews from the NextLadder Ventures leadership team, contact media@nextladder.com.

About NextLadder Ventures

NextLadder Ventures is a time-bound venture with one goal: empower millions of Americans to reach their potential by 2040. Backed by over $1 billion in capital, the organization invests in breakthrough technologies that remove barriers to economic success and put people in control of their futures. NextLadder Ventures is trailblazing a new market for tech-enabled Navigation Technology tools that help people access the resources they need to navigate pivotal moments — offering flexible, risk-tolerant capital to entrepreneurs building these transformative tools today, while creating a pipeline of tech, talent, and capital for the long run.

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SOURCE NextLadder Ventures

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