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ATEL Ventures Goes for Growth with New Vice President Appointment

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San Francisco venture debt specialists expand senior team to increase support for startups.

SAN FRANCISCO, Sept. 9, 2024 /PRNewswire-PRWeb/ — ATEL Ventures, Inc., a division of ATEL Capital Group and a provider of venture debt and equipment financing solutions to growth-stage companies, today announces the expansion of its team with the appointment of Michael Orlando as Vice President.

“With Michael as part of our team we will be able to pursue many more opportunities to deploy the hundreds of millions of dollars we have in dry powder.”

The new hire is part of ATEL’s ambition to expand its Ventures business and provide more startups with the capital they need to pursue their growth goals without diluting shareholder equity.

A seasoned banking professional, Michael Orlando joins ATEL from Bridge Bank, a division of Western Alliance Bank, where he most recently served as an Assistant Vice President. Orlando previously held roles with companies including Square 1 Bank (a division of Pacific Western Bank, now Banc of California) and BNY Wealth. Active in the San Francisco community, Orlando is a Board Member of Opportunity for Independence OFI), an organization helping to enhance the quality of life for individuals with developmental and other cognitive disabilities throughout Marin County. A Massachusetts native, Orlando graduated from the University of Southern Maine with a Bachelor of Science in Business Administration, with a concentration in Finance.

Orlando will report to ATEL Ventures’ President, Steven Rea. “Securing equity financing is extremely tough for most founders at the moment,” said Rea. “While venture debt is not an alternative to equity financing, it is an important part of the finance stack, especially for capital-intensive startups in areas like space tech, biotech or industrial tech. With Michael as part of our team we will be able to pursue many more opportunities to deploy the hundreds of millions of dollars we have in dry powder.”

“Startups are an important part of our economy and should be given every opportunity to succeed,” said Orlando. “I am looking forward to working with founders and their venture investors to identify ways in which the smart use of venture debt can propel more startups to future success.”

Orlando’s appointment follows four further hires made by ATEL earlier this year in support of the company’s growth plans.

Since 1999, ATEL has lent hundreds of millions of dollars to startups at all stages and across multiple industries. Recent deals include Astranis, Harbinger, Isar Aerospace, LuxWall and Sandbox VR.

About ATEL Ventures, Inc.

ATEL Ventures, a division of ATEL Capital Group, is a leading provider of venture debt and equipment financing to emerging growth companies. The company is a primary source of non-dilutive capital across the landscape of venture capital investments. ATEL Ventures is industry- and stage-agnostic, having provided capital to companies in Information Technology, Life Sciences, Energy, Agriculture, Material Sciences, and Consumer Products and Services. For more information, visit: https://atelventures.com/ or email Steven Rea: srea@atel.com

About ATEL Capital Group

Founded in 1977, ATEL Capital Group (ACG) owns and manages a large portfolio of assets, including low tech equipment leased to primarily investment grade corporations (through ATEL Leasing), loans to high growth companies (through ATEL Ventures), and real estate (through ATEL Properties). For more information, visit: https://atel.com/

Media Contact

Jon Meakin, Coldharbour Communications, 1 917 624 3227, jon@coldharbourcomms.com, https://atel.com/venture-debt/

View original content to download multimedia:https://www.prweb.com/releases/atel-ventures-goes-for-growth-with-new-vice-president-appointment-302241628.html

SOURCE ATEL Ventures, Inc.

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Big Jump SEO Partners with VHIS101 and HKVHIS to Launch AI Content Optimization Project for VHIS, Jointly Promoting Public Education on Healthcare Protection

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HONG KONG, Oct. 27, 2026 /PRNewswire/ — To promote the importance of the Voluntary Health Insurance Scheme (VHIS) to the public and raise awareness of healthcare protection, Big Jump SEO Solutions, a professional digital marketing and SEO consultancy, today officially announced a strategic partnership with two specialized health insurance information platforms, VHIS101 and HKVHIS. The three parties will jointly drive a large-scale AI content optimization project, utilizing technological synergies to deepen public healthcare protection education across Hong Kong.

Although the Voluntary Health Insurance Scheme has been available for years, consumers still have many questions regarding the differences between Standard and Flexi Plans, premium tax deductions, and claims processes. In this collaboration, Big Jump SEO will provide top-tier SEO architecture and AI content optimization solutions to reshape, verify, and semantically upgrade tens of thousands of articles on medical insurance, life insurance, and critical illness insurance across the VHIS101 and HKVHIS websites. This not only ensures the authority and real-time accuracy of the information, but also allows search engines to deliver high-quality health insurance information more precisely to citizens in need.

A representative from Big Jump SEO stated: “We are honored to partner with VHIS101 and HKVHIS. Healthcare protection directly impacts the well-being of every citizen. By optimizing content delivery efficiency through AI and big data, we can break down information barriers and empower more citizens to understand the practical benefits of VHIS.”

Representatives from VHIS101 and HKVHIS added that this three-way partnership will help build a more credible information ecosystem for VHIS, life insurance, and critical illness insurance. Looking ahead, they will continue to utilize AI technology to launch more interactive coverage comparison tools and health education columns, comprehensively bolstering the healthcare defense awareness of Hong Kong citizens.

About Big Jump SEO Solutions

Big Jump SEO Solutions is a comprehensive digital marketing company that focuses on providing customized Search Engine Optimization (SEO), content marketing, and online advertising solutions for its clients. With in-depth industry experience and innovative strategies, Big Jump is committed to helping brands enhance their online visibility and stand out in the online market.

View original content:https://www.prnewswire.com/apac/news-releases/big-jump-seo-partners-with-vhis101-and-hkvhis-to-launch-ai-content-optimization-project-for-vhis-jointly-promoting-public-education-on-healthcare-protection-302918241.html

SOURCE Big Jump SEO Solutions

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“Think Large & Demanding EMC Chambers, Think ERETEC” ERETEC Brings Its Large-Scale, Specialized EMC Chamber Expertise to Global Markets

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ERETEC Inc. is accelerating its global expansion, drawing on its expertise in large-scale and specialized EMC chambers for defense, aerospace, and future mobility. Its 10-meter full-vehicle EMC chamber at KATECH demonstrates the company’s engineering capabilities in meeting the complex testing requirements of large electric and hydrogen-powered vehicles.

Accelerating global expansion on Korea’s largest track record of ultra-large chambers, including the nation’s first satellite launch vehicle and high-power RCS EMC chambersProving proprietary engineering that surpasses global standards, as demonstrated by KATECH’s large-scale 10-meter full-vehicle chamberSecuring global competitiveness with turnkey solutions that go beyond construction, from bespoke design to maintenance

SEOUL, South Korea, Oct. 26, 2026 /PRNewswire-PRWeb/ — ERETEC Inc. (CEO Man Young Chi), Korea’s largest electromagnetic compatibility (EMC) chamber specialist, is launching a full-scale expansion into global markets, building on its track record of constructing large-scale and special-purpose chambers for advanced industries, including defense, aerospace, and future mobility.

“We will not rest on our laurels as Korea’s first and largest. With our optimized bespoke solutions and technical expertise, we aim to become a world-leading EMC chamber specialist.” Man Young Chi, CEO of ERETEC Inc.

ERETEC is a leading provider of turnkey solutions for large defense systems, satellite and space components (EMC/RF), automotive applications, and ultra-large commercial EMC chambers exceeding 20 meters. The company holds Korea’s largest track record in special-purpose chambers requiring advanced technical expertise, including the nation’s first satellite launch vehicle EMC chamber and first high-power RCS EMC chamber, setting the standard for Korea’s EMC infrastructure market.

An Unrivaled Track Record at Home as a Springboard for Global Expansion

Global demand for high-performance, large-scale EMC chambers has surged in recent years, driven by rising defense exports worldwide and the rapid growth of the electric vehicle and aerospace industries. Confident that its expertise in designing and building chambers of the highest technical complexity will give it a substantial technological edge in global markets, ERETEC is accelerating its overseas expansion.

A key reference project drawing significant attention from international buyers is the 10-meter full-vehicle EMC chamber for electric and hydrogen fuel cell vehicles at the Korea Automotive Technology Institute (KATECH), which showcases ERETEC’s proprietary technological capabilities.

Measuring 30 meters long, 25 meters wide, and 12 meters high, the chamber features an expansive Ø11-meter Quiet Zone, far exceeding the Ø6 meters at the upper end of conventional 10-meter EMC chambers. This allows large commercial vehicles such as electric buses and hydrogen trucks to be tested precisely in their entirety. Combined with a specialized area that supports loads of up to 50 tons, the chamber provides a world-class environment optimized for EMC testing of heavy zero-emission vehicles.

Bespoke Turnkey Solutions as a Global Differentiator

ERETEC’s core competitive advantage in the global chamber market lies in its ability to design bespoke chamber environments precisely tailored to each customer’s needs and product characteristics.

Going beyond chamber construction, the company provides comprehensive lifecycle engineering services, from proposing optimal EMC testing solutions to conducting tests, analyzing results, and providing ongoing global technical support after installation.

“We will not rest on our laurels as Korea’s first and largest,” said Man Young Chi, CEO of ERETEC. “Building on world-class references such as the KATECH full-vehicle EMC chamber, we will actively pursue opportunities in overseas markets.”

He added, “With our optimized bespoke solutions and technical expertise, we aim to become a world-leading EMC chamber specialist that contributes to the advancement of high-tech industries worldwide.”

Founded in 1999, ERETEC has pioneered electromagnetic compatibility, antenna and reverberation chamber design, and test and measurement solutions. The company has supplied high-quality EMC chambers, measurement systems, and robust electromagnetic pulse (EMP) protection solutions to customers in Korea and abroad, building a strong foundation of technical credibility.

Media Contact

Michelle Park, ERETEC INC., 82 31-345-1134, michelle.park@eretec.com, https://www.eretec.com/en/

View original content to download multimedia:https://www.prweb.com/releases/think-large–demanding-emc-chambers-think-eretec-eretec-brings-its-large-scale-specialized-emc-chamber-expertise-to-global-markets-302917988.html

SOURCE ERETEC INC.

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New electrification index shows China out front as US risks stalling and Europe’s policies outpace delivery

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LONDON, Oct. 26, 2026 /PRNewswire/ — China is pulling ahead on electrification, while the US risks losing momentum and some of Europe’s biggest economies have yet to translate policy into delivery, according to new analysis.

The Electrification Competitiveness Index assesses progress in 16 countries, measuring electrification delivery on the ground and the conditions needed for further progress. These enabling and deployment factors indicate how ready economies are for businesses to electrify operations.

The analysis exposes a widespread implementation gap, with policy and other enabling conditions ahead of electrification deployment across most countries.

The Index, developed by We Mean Business Coalition with support from RMI, assesses Australia, Brazil, China, Ethiopia, France, Germany, India, Indonesia, Italy, the Philippines, Poland, South Africa, South Korea, Spain, UK and US.

Electrification, combined with clean power, can reduce fossil fuel reliance, strengthen energy security, reduce exposure to volatile fuel prices, support growth and productivity, cut emissions and improve health through cleaner air. It will be a key focus at COP31.

Countries are grouped in four categories:

Solid foundation – China, France, Spain: relatively strong deployment and strong enablers. China has the highest deployment score, backed by coordinated grid investment, industrial policy and incentives. France and Spain score well on grid performance and clean power shares. In all three countries, electricity prices are more competitive against gas than in most other economies assessed.

Potential for take-off – Germany, India, Italy, Poland, UK: enablers higher than deployment. The UK has the largest gap between policy and delivery. Electricity costs around five times as much as gas per unit of energy for UK industry, while Germany faces a grid connection backlog of hundreds of gigawatts.

Risk of stalling – US, Australia, Brazil, Ethiopia, South Korea: deployment sits at/above the halfway mark with enablers below the median. In the US federal policy reversals and grid bottlenecks risk slowing momentum. The US has more than 2TW of generation and storage waiting in interconnection queues, compared with roughly 1.3TW of existing generating capacity.

Early-stage adoption – Indonesia, the Philippines and South Africa: below the halfway marks on deployment and enablers. Clean power accounts for 18% of generation in Indonesia and South Africa and 23% in the Philippines, while grid investment in all three is below 0.4% of GDP, against 0.65% average across the sample.

 

Report & full release: https://www.wemeanbusinesscoalition.org/blog/new-index-maps-electrification-competitiveness-of-countries/

View original content:https://www.prnewswire.com/news-releases/new-electrification-index-shows-china-out-front-as-us-risks-stalling-and-europes-policies-outpace-delivery-302913958.html

SOURCE We Mean Business Coalition(WMBC)

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