Technology
Mach Travel Solutions Limited Records Highest-Ever H1 Revenue in FY27 with Strong PAT
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Q2 FY27 Revenue Jumps 174.7% YoY to ₹204.53 Cr; H1 FY27 Revenue at Record ₹348.86 Cr
PAT Rises 46.9% YoY to ₹9.26 Cr in Q2 FY27; H1 FY27 PAT at ₹15.42 Cr, up 97.2% YoY
NEW DELHI, Nov. 4, 2026 /PRNewswire/ — Mach Travel Solutions Limited (BSE: MACHLTD), formerly known as Mach Conferences & Events Limited, announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2026.
H1 FY27 marked the Company’s highest-ever first-half Revenue from Operations since its incorporation in 2004, reflecting the growing scale of its business and continued expansion across diversified travel verticals.
During Q2 FY27, Mach Travel Solutions continued its transformation from a predominantly MICE-focused organisation into a diversified, technology-enabled integrated travel solutions platform. The Company continued to execute across Corporate Travel, MICE, B2B, Leisure, Inbound and Government & Institutional Projects, while advancing its B2C digital offering. The period also saw progress in corporate travel, institutional credentials and digital platform initiatives, supporting the Company’s strategy to build a broader travel ecosystem.
Consolidated Key Financials (₹ Cr.):
Particulars
Q2 FY27
Q2 FY26
YoY %
Q1 FY27
Q-o-Q %
H1 FY27
H1 FY26
YoY %
Revenue from Operations
204.53
74.46
174.69 %
144.33
41.70 %
348.86
97.08
259.36 %
EBITDA (incl. Other
Income)
14.39
9.67
48.82 %
9.23
55.98 %
23.62
11.34
108.29 %
EBITDA Margin %
7.00 %
12.81 %
6.30 %
6.71 %
11.49 %
PAT
9.26
6.30
46.87 %
6.16
50.15 %
15.42
7.82
97.16 %
PAT Margin %
4.50 %
8.35 %
4.21 %
4.38 %
7.93 %
EPS (in Rs.)
4.40
2.97
2.92
7.32
3.70
Note: EBITDA includes Other Income and is calculated as Profit Before Tax plus Finance Cost and Depreciation. EBITDA and PAT margins
are calculated on Total Income. Growth rates are calculated using unrounded figures.
Financial Performance Review
Revenue from Operations stood at ₹204.53 crore in Q2 FY27 as compared to ₹74.46 crore in Q2 FY26, representing year-on-year growth of 174.7%, and sequential growth of 41.7% over ₹144.33 crore in Q1 FY27. For H1 FY27, Revenue from Operations stood at ₹348.86 crore as compared to ₹97.08 crore in H1 FY26, representing year-on-year growth of 259.4%.EBITDA (including Other Income) stood at ₹14.39 crore in Q2 FY27 as compared to ₹9.67 crore in Q2 FY26, a year-on-year growth of 48.8%, and a sequential growth of 55.98% over ₹9.23 crore in Q1 FY27. EBITDA Margin was 7.00% in Q2 FY27, a sequential improvement of approximately 69 basis points from 6.30% in Q1 FY27. For H1 FY27, EBITDA stood at ₹23.62 crore as compared to ₹11.34 crore in H1 FY26, a growth of 108.3%, with an EBITDA Margin of 6.71% against 11.49%.Profit After Tax (PAT) stood at ₹9.26 crore in Q2 FY27 as compared to ₹6.30 crore in Q2 FY26, representing year-on-year growth of 46.9%, and sequential growth of 50.2% over ₹6.16 crore in Q1 FY27. PAT Margin was 4.50% in Q2 FY27 as compared to 8.35% in Q2 FY26 and 4.21% in Q1 FY27. For H1 FY27, PAT stood at ₹15.42 crore as compared to ₹7.82 crore in H1 FY26, representing year-on-year growth of 97.2%, with a PAT Margin of 4.38% against 7.93%.Gross Merchandise Value (GMV) stood at approximately ₹532.54 crore in Q2 FY27, reflecting the overall scale of travel transactions handled across the Company’s diversified business verticals during the quarter. For H1 FY27, GMV stood at approximately ₹784.54 crore, comprising ₹252 crore in Q1 FY27 and ₹532.54 crore in Q2 FY27. The Company has commenced disclosure of GMV from Q1 FY27 to provide stakeholders with greater visibility into the scale of its underlying business activity.The Company’s performance during Q2 FY27 and H1 FY27 reflects continued execution across its integrated travel solutions platform, with ongoing efforts to scale newer verticals, strengthen technology-enabled offerings and build a more diversified mix of business.
FY27 Revenue Outlook
In view of the Company’s business performance and continued expansion across its diversified travel verticals, Mach Travel Solutions Limited has revised its FY27 revenue target upwards to more than 2.5x its FY26 Revenues.
The revised target reflects management’s expectations for the current financial year, supported by its expanding Corporate Travel business, established MICE operations and opportunities across the Company’s other travel segments.
The Company remains focused on translating business opportunities into sustainable revenue growth while maintaining operational discipline and strengthening its technology-enabled travel ecosystem.
Q2 & H1 FY27 Business & Operational Highlights
During Q2 FY27, the Company continued to build on its transition into an integrated travel solutions platform, with progress across Corporate Travel, MICE, Government & Institutional Projects and its emerging B2C digital offering.
Continued the Company’s strategic evolution from a predominantly MICE-focused organisation into an integrated travel solutions platform spanning Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects, alongside the development of its B2C Online Travel Agency (OTA) platform.Strengthened its credentials in Government & Institutional Projects after being recognised by the Ministry of Tourism, Government of India, through the National Integrated Database of Hospitality Industry (NIDHI), as an Experienced MICE Tour Operator. The recognition supports participation in government and institutional tenders where such credentials are required.Onboarded more than 140 corporate clients for its Corporate Ticketing services and Self-Booking Tool as of September 30, 2026. Since the launch of the dedicated Corporate Travel vertical in April 2026, the client base has expanded across a broad range of industries, including automotive and engineering, pharmaceuticals, financial services, technology, healthcare, education, FMCG, infrastructure, media and manufacturing. This milestone supports the Company’s focus on building long-term corporate relationships and recurring travel business.Opened Machtravel.com and the Mach Travel mobile application for public beta testing on August 31, 2026. The B2C platform brings together travel services including Flights, Hotels, Holidays, MICE, Cruises and Visa services, and will be further refined using user feedback.Continued to leverage its pan-India operating presence across Noida, New Delhi, Ahmedabad, Mumbai, Kolkata, Bengaluru and Bhubaneswar, alongside its international MICE execution capabilities, to serve corporate, institutional and leisure travel requirements.Maintained its focus on scaling the Company’s newer business verticals, deepening technology integration and identifying cross-selling opportunities across its customer base, while progressing the pipeline across its diversified travel businesses.With the foundations of the Company’s diversified travel platform continuing to take shape, the focus is increasingly shifting towards scaling each business vertical, strengthening client relationships and leveraging technology and cross-selling to support sustainable growth.
Commenting on the performance, Mr. Amit Bhatia, Chairman & Managing Director, Mach Travel Solutions Limited, said:
“H1 FY27 marks an important milestone for Mach Travel Solutions Limited, as we have achieved our highest-ever first-half Revenue from Operations of ₹348.86 crore since the Company’s inception in 2004, surpassing our entire FY26 revenue. Our Q2 FY27 revenue and PAT stood at ₹204.53 crore and ₹9.26 crore, respectively, while H1 FY27 revenue and PAT stood at ₹348.86 crore and ₹15.42 crore, respectively.
Over the years, we have strategically transformed Mach from a predominantly MICE-focused organisation into an integrated, technology-enabled travel solutions company. Our approach has been to build multiple complementary business verticals, strengthen our leadership capabilities and leverage technology to create a scalable business model.
The rapid expansion of our Corporate Travel business, alongside our established MICE operations, growing institutional presence and investments in digital platforms, reinforces our confidence in the direction we have chosen.
In light of our performance and the opportunities ahead, we have revised our FY27 revenue target upwards to more than 2.5x our FY26 revenue. This reflects our confidence in the Company’s growth potential and the progress of our diversification strategy.
Our ambition is not merely to grow revenue, but to build a strong, sustainable and future-ready travel solutions company with multiple growth engines. We remain committed to disciplined execution, long-term relationships and creating enduring value for our shareholders.”
About Mach Travel Solutions Limited
Mach Travel Solutions Limited (formerly Mach Conferences & Events Ltd.) is a publicly listed technology-enabled travel solutions company listed on the Bombay Stock Exchange (BSE: MACHLTD). Incorporated in 2004, the Company provides technology-enabled end-to-end travel solutions across Corporate Travel, MICE, B2B, Leisure, Inbound Travel and Government & Institutional Projects.
The Company has a strong pan-India presence with offices in Noida, New Delhi, Kolkata, Mumbai, Bengaluru, Bhubaneswar and Ahmedabad, and is accredited by and associated with leading national and international travel associations, including IATA, GBTA, PATA, IATO, ADTOI, OTOAI, SKÅL International, JATA, ICPB, EGAC and NIMA.
For more information, please visit https://www.machtravelsolutions.com.
The Company is also developing its B2C Online Travel Agency platform, Machtravel.com, as part of its strategy to build a comprehensive travel ecosystem.
Mach Travel Solutions Ltd.
Mrs. Swati Aggarwal
Company Secretary & Compliance Officer
Email:
compliance@machtravel.com
Website:
machtravelsolutions.com
Adfactors PR Pvt. Ltd.
Mrs. Disha Mody / Mr. Vaibhav Gupta / Ms. Kareena Jain
Investor Relations
Email:
disha.mody@adfactorspr.com
vaibhav.gupta@adfactorspr.com
kareena.jain@adfactorspr.com
Website:
www.adfactorspr.com
Safe Harbour
This release contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Travel’s future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Mach Travel Solutions undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.
View original content to download multimedia:https://www.prnewswire.com/in/news-releases/mach-travel-solutions-limited-records-highest-ever-h1-revenue-in-fy27-with-strong-pat-302929214.html
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FORMER SGX CIO & CTO TINKU GUPTA APPOINTED VICE CHAIRMAN OF WISSEN TECHNOLOGY SINGAPORE
Published
48 minutes agoon
November 6, 2026By
Appointment strengthens Wissen’s Singapore leadership and growth ambitions, building on its expanding client relationships and engineering-led technology capabilities.
SINGAPORE, Nov. 6, 2026 /PRNewswire/ — Wissen Technology, a global technology services and solutions company, is strengthening its Singapore presence through a delivery-led approach built on deep engineering expertise, a product-engineering mindset and a focus on solving complex business problems. Building on early client wins with strategic clients, the company has appointed Tinku Gupta, former CIO and CTO of SGX Group, as Vice Chairman of Wissen Technology Singapore, strengthening its leadership as it expands its regional ambitions.
Wissen’s approach centres on combining engineering excellence with business understanding to help enterprises modernise critical technology platforms, accelerate innovation and deliver measurable outcomes. Its growing client base in Singapore reflects the relevance of this approach across businesses seeking reliable, scalable and future-ready technology solutions.
Ms. Gupta brings more than 30 years of experience across technology, financial market infrastructure, business operations and cybersecurity. During her career at SGX, she held leadership roles across business, technology, and operations – most recently serving as CIO and CTO. In her technology roles, she oversaw major modernisation initiatives while sustaining the resilience of mission-critical trading and clearing infrastructure. Earlier, as Business Head of Market Data & Access, she was responsible for growing the business through the development and launch of strategic products and services.
Commenting on the appointment, Raghu Pareddy, Founder & CEO, Wissen Technology, said, “At Wissen, we believe strong engineering must begin with a clear understanding of the business problem and the outcomes that matter to the client. Our growing presence in Singapore, including early engagements with leading enterprises across financial services and other sectors, reflects the confidence clients place in our engineering and delivery capabilities.”
“As Vice Chairman, Tinku will support Wissen Technology Singapore’s growth and client engagement strategy. She brings an important additional dimension to our leadership – technology expertise combined with the perspective of having led major delivery initiatives within a leading financial market infrastructure institution. Her experience will help us strengthen the connection between what clients need and what we engineer and deliver, as we build our next phase of growth in Singapore.” adds Raghu
Ms. Tinku Gupta, Vice Chairman, Wissen Technology Singapore, said, “Having spent much of my career on the enterprise side, I understand that technology decisions are ultimately judged by the business outcomes they deliver. Engineering excellence is essential, but it must go hand in hand with an understanding of the client’s priorities, operating realities and long-term ambitions. Wissen’s product-engineering mindset and delivery-led approach resonate strongly with this belief. I look forward to bringing that perspective to the team, strengthening our client relationships and contributing to Wissen’s continued growth in Singapore.”
Tinku Gupta holds a Master’s degree in Electronics and Telecommunications Engineering with First Class Honours and has completed the AI Senior Executive programme at the National University of Singapore and a Professional Certificate in Coaching from Singapore Management University.
About Wissen Technology
Wissen Technology is a global technology services and solutions provider that combines strategy, design and engineering to help enterprises achieve digital transformation at scale. Founded in the United States in 2000, the company has expanded its global footprint across India, the United States, the United Kingdom, Australia, the UAE, Singapore and Canada.
With more than two decades of expertise, Wissen has delivered over US$1 billion worth of projects and serves more than 20 Fortune 500 companies across banking and financial services, telecom, healthcare, retail, manufacturing and energy.
For more information, visit https://www.wissen.com/ for further updates, visit LinkedIn profile: https://in.linkedin.com/company/wissen-technology
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/former-sgx-cio–cto-tinku-gupta-appointed-vice-chairman-of-wissen-technology-singapore-302931142.html
Technology
Chocolate Finance Brings New Spare Cash Management Experience to Hong Kong
Published
49 minutes agoon
November 6, 2026By
Enjoy 3.8% p.a. Daily Returns on First HK$100k — A new place for your spare cash with no lock-ins, no minimums, no hoops.
HONG KONG, Nov. 6, 2026 /PRNewswire/ — Singapore-born fintech Chocolate Finance has brought an innovative spare cash management experience to everyone in the city. Built on its signature “Happy Money” philosophy and the simple belief that “when your money is happy, you are happy too”, Chocolate Finance arrives in Hong Kong committed to offering a radically simple, transparent, and flexible alternative for managing spare cash.
Currently managing over HK$10 billion in assets and trusted by over 130,000 users, Chocolate Finance has officially expanded this proven and trusted financial solution from Singapore into Hong Kong SAR and also the UAE, allowing more people to experience the joy of daily returns on their idle cash.
Letting Your Spare Cash Work Hard For You Every Day
Unlike traditional financial products that often require locking up funds or large minimum amounts, Chocolate Finance is a simple, flexible place for spare cash, regardless of the amount. The platform delivers a way for busy Hong Kongers to see returns daily and move money freely:
Happy Returns: Enjoy 3.8% p.a. return on your first HK$100,000, and 3.5% p.a. on the next HK$200,000. Returns on the first HK$300,000 are supported by the Chocolate Advantage Programme — if the underlying portfolio’s actual return falls below these stated rates, Chocolate Finance will make up the difference, so users can enjoy the stated returns (*Subject to Programme Terms & Conditions) (Programme valid until 30th June 2027, or until total AUM reaches HK$1 billion, whichever is earlier).Daily Returns: The moment you put money into your Chocolate Finance account, you’ll start earning returns the very next day, and then see your returns – Every. Single. Day.No Lock-ins, Instant Withdrawal: Take your money out anytime. Withdrawals of HK$50,000 or less per day are usually instant under normal circumstances. Zero penalties, zero handling fees.No Minimums: Start with as little as HK$100. Regardless of the amount, you can begin your financial journey right away.Easy sign-up within minutes: Opening an account is easy with seamless identity verification support via “iAM Smart”.
A Proven Track Record of Financial Revolution
Headquartered in Singapore, Chocolate Finance was founded by visionary entrepreneur Walter de Oude. Leveraging his experience in founding Singlife and successfully revolutionizing the insurance industry, Walter is taking it a step further by simplifying finance for everyone. Built on the belief that people deserve a better place for their cash, Chocolate Finance is designed to make your spare cash work harder for you. With the attractive daily returns, the Chocolate Finance platform puts financial power back into the hands of the people. Currently in Singapore, the platform manages over HK$10 billion (SGD $1.6 billion+) in assets and is trusted by over 130,000 users. With its official expansion into Hong Kong, Chocolate Finance introduces this proven financial solution to the local market.
Walter de Oude, Founder and Global CEO of Chocolate Finance, shared: “Finance should feel good. We envision a world where people feel joyful, confident, and empowered by their money. Everyone deserves a better place for their cash, which is why we created Chocolate Finance — to build a simple, beautiful financial alternative that makes everyday life better. As we expand from Singapore to Hong Kong, our commitment has remained the same. We are here to reshape how people view and manage their money, turning idle cash into ‘happy money’ with radical simplicity and clarity. In a world of complexity, we’re focused on making financial happiness feel simple, consistent, and genuinely within reach.”
Tim Jones, Chief Executive Officer at Chocolate Finance Hong Kong, added: “Hong Kong is a global financial hub with no shortage of savings and investment products. However, we saw a gap between what these traditional products offer and what people in Hong Kong actually want today – simplicity, transparency, and a bit of joy when managing their money. Chocolate Finance’s signature daily returns and Happy Money philosophy was designed to fill this gap, and so far the response from our early users has been phenomenal. We’re excited to keep rolling out our platform all across Hong Kong, to help make every day a little richer for all of us.”
Peace of Mind: Security & SFC-Regulated Infrastructure
While the user experience is built for joy, the infrastructure is built for security and strict compliance:
SFC Licensed: Chocolate Finance HK Ltd is licensed by the Securities and Futures Commission (CE No. BSF252) for Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) regulated activities.Independent Bank Trust Accounts: User funds are safeguarded in segregated trust accounts with official bank custody partner Standard Chartered Bank, ensuring strict separation from company funds.Global Asset Management Partners: The Chocolate Managed Account invests in SFC-authorised, investment-grade short-term bond and fixed-income funds from established global asset managers, currently including Amundi, Invesco, and Aberdeen.Account Security: To keep your money and data safe, Chocolate Finance employs institutional-grade multi-layered security measures — including two-factor authentication (2FA), real-time transaction monitoring, and regular independent audits.
Account Opening Process
Users can simply download the Chocolate Finance app from the Apple App Store or Google Play Store and complete the account registration in just a few minutes to start their “Happy Money” journey. Account opening is subject to identity verification and approval.
About Chocolate Finance
Founded by visionary entrepreneur Walter de Oude, Chocolate Finance is a Singapore-born fintech built around one simple belief: when your money is happy, you’re happy too.
Already trusted by over 130,000 customers with more than SGD $1.6 billion+ in balances, Chocolate Finance provides a better place for your spare cash. No hoops & complex rules, no lock-ins and no minimum balances. Just daily happy returns, and the freedom to access your money whenever you need it. Make life richer.
The platform is operated by Chocolate Finance HK Ltd, licensed under the Securities and Futures Ordinance (Cap 571) to carry out Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) regulated activities (CE No. BSF252).
*Chocolate Finance opens an individual discretionary account for each client, and the above returns are supported by the “Chocolate Advantage Programme” (“Programme”). All client funds will be used for fund investment purposes, and the fund portfolio returns may be higher or lower than the above returns. When portfolio returns exceed the specified returns, Chocolate Finance will charge a management fee. If Chocolate Finance suspends or terminates the “Programme”, returns will depend on the actual performance of the investment portfolio, and returns on the first HK$300,000 invested may be lower than the above returns. Clients will be notified in advance if Chocolate Finance modifies, suspends, or terminates the Programme.
Chocolate Finance is a brand name of Chocolate Finance HK Limited (CE No. BSF252), regulated by the Securities and Futures Commission of Hong Kong to carry out Type 1, Type 4, and Type 9 regulated activities.
The above returns are currently supported by the promotional activity “Chocolate Advantage Programme”, valid only during the programme period, and do not constitute any guarantee of returns or principal. Chocolate Finance opens an individual discretionary account for each client, and all client funds are invested in funds. Portfolio performance may be higher or lower than the specified returns. When performance exceeds specified returns, Chocolate Finance will charge a management fee calculated based on the net asset value of the discretionary account, capped at 2% p.a., with no subscription or redemption fees.
Under the “Instant Withdrawal Programme”, withdrawals within HK$50,000 per day generally arrive instantly, valid only during the programme period. Withdrawals exceeding HK$50,000 per day generally arrive within 3 business days. If you have recently added funds, executed multiple transactions in a short period, or if portfolio rebalancing is underway, withdrawals may take up to 7 business days to reach your account.
The programme period for the “Chocolate Advantage Programme” and “Instant Withdrawal Programme” runs from now until 30 June 2027, or until the total Assets Under Management (AUM) in Chocolate Managed Accounts reaches HK$1 billion – whichever is earlier. Chocolate reserves the right to suspend or terminate the “Chocolate Advantage Programme” and “Instant Withdrawal Programme” at any time, including but not limited to instances of abnormal market volatility, excessive usage, high withdrawal amounts, foreign exchange restrictions, or other force majeure events. Clients will be notified in advance if Chocolate Finance modifies, suspends, or terminates the programmes.
When Chocolate Finance suspends or terminates the “Chocolate Advantage Programme”, returns will be calculated based on the actual performance of the underlying funds. Returns on the first HK$100,000 invested may be lower than 3.8% p.a., and returns on subsequent amounts may be lower than 3.5% p.a. When Chocolate Finance suspends or terminates the “Instant Withdrawal Programme”, withdrawals will generally arrive within 3 business days.
Past performance is not indicative of future performance. This material does not constitute any investment advice, nor an offer, recommendation, or solicitation to buy or sell any securities or investment products. All investments involve risks, including the risk of losing the entire investment amount. Such activities may not be suitable for all individuals. This advertisement has not been reviewed by the Securities and Futures Commission of Hong Kong. For details, please visit the official website chocolatefinance.com/hk.
View original content:https://www.prnewswire.com/apac/news-releases/chocolate-finance-brings-new-spare-cash-management-experience-to-hong-kong-302930798.html
SOURCE Chocolate Finance
Technology
The Next Frontier: Consciousness & UAP: $100,000 Research Prize Winner Announced
Published
2 hours agoon
November 6, 2026By
The Institute of Noetic Sciences (IONS) has announced the winner of the 2026 Linda G. O’Bryant Noetic Sciences Research Prize, a $100,000 award that will fund a study of consciousness-associated Unidentified Anomalous Phenomena (UAP, formerly known as UFOs).
NOVATO, Calif., Nov. 5, 2026 /PRNewswire-PRWeb/ — The winning study, selected from more than 80 qualifying proposals, comes from a multidisciplinary team of six. Peter Skafish, PhD, a sociocultural anthropologist and Co-Founder and Executive Director of The Sol Foundation, leads the team as Principal Investigator. Brian Lord, PhD, a cognitive neuroscientist and postdoctoral researcher at the University of Arizona, serves as Co-Principal Investigator, and David Dominguez Hooper, engineer and Founder and CEO of ELDAEON Inc., is Co-Investigator. Collaborators are Damon Abraham, PhD (experimental psychologist, Entangled Labs); Jacob Haqq-Misra, PhD (astrobiologist, Blue Marble Space); and Garry Nolan, PhD (immunologist, Stanford University School of Medicine). For the first time in the prize’s four-year history, a single team will receive the full $100,000.
The team will organize a group of experienced practitioners to apply meditation and conscious intention to invite contact with UAP at a remote site in the American Southwest. Practitioners’ experiences will be recorded alongside physiological measures and instrumental records of the sky and the physical environment. Using preregistered methodology, the study will analyze the data to test whether deliberate contact practice generates changes in reported experiences and in independently recorded events in the sky and environment. De-identified data and methods will be shared openly, and null results will be released on the same schedule as positive ones.
According to IONS leadership, this year’s prize was created to bring UAP into open, consciousness-inclusive science, and to carry forward a question with profound implications for humanity that its founder, Apollo 14 astronaut Edgar Mitchell, pursued for decades: whether consciousness and contact are connected.
“The Sol Foundation couldn’t be more happy to receive the recognition of IONS for our research,” said Peter Skafish. “IONS proved itself to be over the horizon of even heterodox thinking in their decision to fund a scientific inquiry not only into UAP but also into one of the most enigmatic questions the phenomena raise: what is their relationship to human consciousness?”
This year, distinguished external experts, including Daniel P. Sheehan, Jessica Utts, Adam Curry, Sean Esbjörn-Hargens, Richard Dolan, and J.J. Hurtak, joined members of the IONS science team on the judging panel, chaired by Arnaud Delorme. The panel’s selection was then ratified by the IONS Board of Directors.
IONS researchers will collaborate with the winning team on the study, which is expected to begin in December and run for one year, with results to be shared in 2028. The winning team was announced on October 30 during a live event, which can be watched here.
More About IONS & the Linda G. O’Bryant Noetic Sciences Research Prize
The Institute of Noetic Sciences (IONS) is a nonprofit scientific research center whose mission is to reveal the interconnected nature of reality through scientific exploration and personal discovery. Founded in 1973 by Apollo 14 astronaut Edgar Mitchell, IONS investigates consciousness, interconnectedness, and extended human capacities to help foster a more compassionate and thriving world. The Linda G. O’Bryant Noetic Sciences Research Prize, now in its fourth year, is funded through an endowment created by Linda G. O’Bryant, member of the IONS Board of Directors, and overseen by the Board. To arrange an interview with Peter Skafish or IONS leadership, contact communications@noetic.org. More details about the prize and winners can be found here.
Media Contact
Leslie G. Lovejoy, Institute of Noetic Sciences (IONS), 1 707-775-3500, communications@noetic.org, www.noetic.org
View original content:https://www.prweb.com/releases/the-next-frontier-consciousness–uap-100-000-research-prize-winner-announced-302930915.html
SOURCE Institute of Noetic Sciences (IONS)
FORMER SGX CIO & CTO TINKU GUPTA APPOINTED VICE CHAIRMAN OF WISSEN TECHNOLOGY SINGAPORE
Chocolate Finance Brings New Spare Cash Management Experience to Hong Kong
The Next Frontier: Consciousness & UAP: $100,000 Research Prize Winner Announced
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