Connect with us

Technology

Trident Global Holdings and Zoetic Global Announce Major Deal to Transform U.S. Industries with Rare Earth Elements

Published

2 years ago

on

CLEVELAND, July 25, 2024 /CNW/ — Trident Global Holdings, a leading Korea-based company, announced today a groundbreaking major strategic joint venture with Zoetic Global. The collaboration aims to co-develop premium rare earth mines, ensuring that global and U.S. companies have access to these critical elements. The joint venture has the potential to generate billions in economic value and to implement sustainable practices into the rare earth mining industry.

In this venture, Trident Global Holdings, which already has a strategic cooperation development agreement with Vietnam’s Hung Hai Group—owner of three mines in Lai Chau Province, northern Vietnam—will partner with Zoetic Global to deliver the latest, environmentally friendly technologies to maximize the efficiency of rare earth production. These mines, including Bac (North) Nam Xe, Nam (South) Nam Xe, and Dong Pao, collectively possess confirmed reserves totaling 7 million metric tons of valuable rare earth elements.

Through this collaboration, Zoetic Global and Trident Global Holdings will develop and operate these important mines utilizing innovative solutions to remediate waste streams, making the process cleaner and more sustainable. The venture will access approximately 7 percent of the known rare earth deposits in the world with a high percentage of the heavier, more valuable rare earth elements. Key global and U.S. industries will secure access to:

Semiconductors: Rare earth elements are critical for semiconductor manufacturing and will help drive advances in artificial intelligence chip design.Renewable Energy: Rare earth magnets are used in wind turbines and other clean energy technologies aimed at reducing carbon emissions.Aerospace and Defense: Strengthening the supply chain for critical defense applications.Electronics: Providing essential materials for the production of smartphones, computers, televisions, and other advanced electronic devices.Electric Vehicles: Supplying critical components for batteries and motors, contributing to the growth of the electric vehicle market.Medical Imaging and Biotech: Supporting advancements in medical imaging and other healthcare technologies such as MRI and PET scanners.

“Vietnam holds approximately 20 percent of the world’s rare earth reserves. This collaboration, along with Hung Hai Group, will unlock significant financial value for Vietnam, profoundly impacting and benefiting the Vietnamese government and its people by introducing new mining business ventures and technologies. This partnership will also ensure the sustainable management of rare earth elements for the global marketplace,” said Sam Chi, CEO of Trident Global Holdings. “We are thrilled about our strong collaboration with Zoetic Global, especially as the demand for rare earth elements is expected to surge over the next decade.”

“One of Zoetic’s primary goals is to ensure that U.S. industries have equal access to critical elements necessary for global competition,” said Tim Ryan, former Ohio Congressman and Zoetic Global’s Chief Global Business Development Officer. “This joint venture guarantees that U.S. technology, aerospace, and defense companies have a significant presence and influence in the global market. Announcing this from America’s industrial belt underscores the immense benefits and historical significance of this deal for our region and nation.”

“We were inspired by the CHIPS Act, which underscores the critical need to secure and strengthen our supply chains,” said Zoetic Global CEO Avery Hong. “The disruptions from the COVID-19 pandemic have highlighted the importance of ensuring supply chain integrity. By on-shoring and re-shoring critical technologies and materials, we can bolster economic resilience and reduce dependency on foreign sources.”

“Rare earth element deposits are found in diverse regions globally, but technical know-how and access to environmentally sound technologies have been lacking,” said Jerome Ringo, Co-Founder and Executive Chairman of Zoetic Global. “Zoetic has secured power and remediation solutions that will be transformative to the rare earth mining industry.”

Trident Global Holdings and Zoetic Global are committed to establishing a comprehensive value chain that prioritizes sustainability and the deployment of new, environmentally responsible technologies for extracting and processing rare earth materials.

About Trident Global Holdings

Trident Global Holdings is a prominent Korea-based company with interests in mining, real estate, and carbon capture technology. In partnership with Zoetic Global, Trident Global Holdings, along with Hung Hai Group, aims to establish a comprehensive value chain that extends beyond mining. This integrated and sustainable approach will encompass refining, smelting, processing, and the distribution of final products, thus solidifying their position in the rare earth elements market. As part of its commitment to sustainability, Trident intends to develop and deploy new, environmentally responsible technologies for extracting and processing the rare earth materials. 

About Zoetic Global

Zoetic Global is a sustainability-focused solutions provider, dedicated to delivering essential energy, water, and food technologies to areas in greatest need. Through collaboration with technology and strategic partners, Zoetic has curated a compelling portfolio of solutions to address critical issues. The name “Zoetic,” meaning “pertaining to life,” symbolizes the company’s commitment to impactful solutions. Co-Founder and Chairman Jerome Ringo, a seasoned leader in the climate movement, drives Zoetic’s efforts to support regions disproportionately affected by climate change. Zoetic believes in the existence of critical solutions and the necessity of a heightened commitment from leaders to implement them effectively. For more information about Zoetic Global, visit Zoetic Global About Page

Media Contacts

Ashleigh Jacubec
Email: ashleigh@zoeticglobal.com

Charlotte Luer
Email: cluer@ljhfm.com
+1-239-404-6785

Photo: https://mma.prnewswire.com/media/2469169/Zoetic_Global.jpg
Logo: https://mma.prnewswire.com/media/2268354/4829773/ZOETIC_GLOBAL_Logo.jpg
Logo: https://mma.prnewswire.com/media/2469170/Trident_holdings_logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/trident-global-holdings-and-zoetic-global-announce-major-deal-to-transform-us-industries-with-rare-earth-elements-302206710.html

SOURCE Zoetic Global

Related Topics:
Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

3 hours ago

on

October 25, 2026

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

3 hours ago

on

October 25, 2026

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

Published

10 hours ago

on

October 24, 2026

By

RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/global-security–technology-summit-unveils-month-long-program-of-activities-ahead-of-december-event-302918695.html

Continue Reading

Trending