Connect with us

Technology

ORSS Project Introduces the World’s Most Ambitious Ocean Restoration Initiative

Published

on

With the growing threats of climate change, overfishing, and marine biodiversity loss, the ORSS Project aims to reverse ocean degradation at scale by deploying 10,000+ units worldwide over the next decade to double the world’s coral reef footprint in thirty years.

WESTLAKE VILLAGE, Calif., Feb. 5, 2025 /PRNewswire-PRWeb/ — ORSS Project Inc. Introduces the World’s Most Ambitious Ocean Restoration Initiative

“ORSS Project is a golden key to open the new door to a bright and more sustainable future of humanity and planet Earth,” states Dr. Geetha Plackal.

Innovative Three-System Approach Promises to Combat Climate Change and Revive Marine Ecosystems

ORSS Project Inc., a pioneering force in ocean restoration and climate resilience, has announced the global deployment of its Oceanic Restoration Submersive Systems (ORSS), an advanced marine technology designed to restore coral reefs, protect coastal communities, and support sustainable ocean economies.

With the growing threats of climate change, overfishing, and marine biodiversity loss, the ORSS Project aims to reverse ocean degradation at scale by deploying 10,000+ units worldwide over the next decade to double the world’s coral reef footprint in thirty years.

UN High Stakeholder and ODM Worldwide CEO Ashraf Anwar declares, “The great oceanic restoration era has begun.”

The first deployments will focus on key regions, including Malibu, California, and the Great Barrier Reef, as well as the coastline of India, with expansion planned across hurricane-prone areas in The Gulf of Mexico, Southeast Asia, and the Caribbean.

Over 50 Senior Advisors, including Marine Biologists and Conservation experts, have joined the ORSS Project team.

Revolutionizing Ocean Restoration with AI-Powered Technology

“ORSS Project empowering our oceans, our communities, ourselves. Futureproofing reef resilience towards a sustainable blue economy and climate resilient tomorrow via harnessing AI, coral restoration, fisheries, tourism, and traditional community knowledge,” declares Dr. Jack Dyer, Project Director and Senior Advisor of ORSS Project Fiji.

ORSS units are equipped with AI-driven monitoring stations, which digitally track marine species, migration paths, and ecosystem health without invasive tagging. Each unit also features:

Advanced coral propagation platforms can scale reef restoration by harnessing 25% of annual global coral spawning transferred into secured, climate-controlled ORSS to thrive.Ocean cooling technology that mitigates climate-induced disasters, including coral bleaching and intensifying hurricanes.Underwater vertical-axis turbines provide clean energy while supporting marine habitat growth.AI-powered marine analytics, generating critical data for global research institutions, insurance companies, and conservation groups.

Dr. Geetha Plackal, Marine Scientist and Director of the ORSS India Project, says, “This project may write new chapters in the history of the blue economy based on its positive impacts on socio-economic development worldwide. ORSS can make valuable contributions to aquatic ecosystem conservation and R&D by providing data resources for the future of the field of Marine Sciences.”

In addition to the ORSS, ORCS, and CRRF systems, the ORSS Project will continually recalibrate ORSS systems equipped with eDNA for maximum positive impact. This will restore healthy marine ecosystems, acquire unparalleled insights into marine biodiversity and ecosystem health, and unlock new revenue streams for impact partners, investors, and coastal communities. To date, nothing operates remotely at the scale of ORSS systems equipped with eDNA to assist NGOs, governments, or Universities with monitoring and data collection in coastal waters.

A Sustainable Financial Model for Global Restoration

Unlike traditional conservation efforts, ORSS operates on a financially self-sustaining model, ensuring continued expansion and impact. Key revenue streams include:

1.Regional Licensing & Government Partnerships

ORSS collaborates with governments, marine conservation agencies, and private sector leaders to secure annual licensing agreements. These partnerships help restore damaged ecosystems while fostering local economic growth.

2.ORSS Eco-Tourism & Marine Recreation

With the rise of sustainable tourism, ORSS deployed will produce:

Guided ORSS snorkeling and diving tours showcasing restored coral reefs.Educational tourism packages with hands-on ORSS Restoration Experiences.Luxury eco-tourism offerings, including ORSS yacht expeditions and exclusive marine experiences.

3.Sustainable Fisheries & Oceanic Food Security

ORSS is crucial in replenishing wild fish stocks, benefiting commercial and subsistence fisheries. Through revenue-sharing agreements, ORSS will generate $1M–$10M per sustainable fishery while ensuring long-term food security for coastal communities.

4.Insurance & Climate Resilience Partnerships

Hurricane intensity has increased due to warming ocean waters, costing insurers billions in damages annually. ORSS cooling technology can reduce hurricane severity, translating to:

$50M–$280M in annual savings for insurance companies.Flood risk mitigation, infrastructure protection, and reduced business losses.

5.Carbon Credits & Data Monetization

ORSS generates additional revenue through climate-positive investments, selling carbon credits from ocean cooling efforts, and providing marine biodiversity data to universities and global research institutions.

The ORSS Coral Reef Restoration Facilities (CRRFs): Scaling Global Marine Regeneration To Double The World’s Coral Reef Footprint Within 30 Years

ORSS is establishing 10 state-of-the-art Coral Reef Restoration Facilities (CRRFs) in tropical zones. Each facility will:

Support large-scale coral spawning and transplantation into 10,000+ ORSS units worldwide.Use AI-powered monitoring systems to optimize coral resilience.Train local conservationists and marine biologists, fostering a new generation of ocean restoration specialists.

Strategic Collaborations & Global Impact

ORSS Project is actively engaging with:

Leading marine biologists & climate scientists to refine ocean restoration techniques.Universities & research institutions to collect and analyze real-time marine data.Governments & NGOs to integrate ORSS solutions into national climate resilience plans.Corporate partners & philanthropists seeking high-impact, scalable conservation investments.

A Global Effort for Ocean Restoration

With millions of marine species at risk and coastal economies facing unprecedented climate threats, the ORSS Project invites scientists, policymakers, business leaders, and the public to join this global movement.

Join the Movement

To learn more, invest, or collaborate with the ORSS Project, visit www.ORSSProject.com

For media inquiries, interviews, or further details, please contact:
Sue Johnson, Director of Communications
650 Hampshire Road, STE 116, Westlake Village, CA 91361
Press@ORSSProject.com
https://orssproject.org
(805) 514-2727

View original content to download multimedia:https://www.prweb.com/releases/orss-project-introduces-the-worlds-most-ambitious-ocean-restoration-initiative-302368694.html

SOURCE ORSS Project Inc.

Continue Reading

Technology

Systech Launches New All-in-One Pharma Packaging and Serialization Stations

Published

on

By

DOWNERS GROVE, Ill., Oct. 20, 2026 /PRNewswire/ — Systech, part of Markem-Imaje and Dover and a leading provider of pharmaceutical serialization and traceability solutions, today announced the launch of two new integrated packaging solutions designed to help pharmaceutical manufacturers and contract development and manufacturing organizations (CDMOs) increase automation, improve operational efficiency and enhance production flexibility.

The new ST15S Semi-Automated Serialization and Aggregation Station and ST16P Multi-Aggregation and Automated Label Print & Apply Station operate seamlessly with industry-leading UniSeries® software, integrating critical packaging, serialization, aggregation and labeling functions into compact, easy-to-deploy systems. By consolidating multiple processes within a single station, these systems help manufacturers reduce complexity, optimize labor resources and improve packaging productivity without requiring significant line modifications or facility expansion.

“Packaging operations today are under constant pressure to increase output, maintain compliance and do more with constrained labor and facility resources,” said Steve Engdahl, Vice President of Product at Systech. “The ST15S and ST16P were developed to help manufacturers automate critical packaging processes without introducing additional complexity. By bringing serialization, aggregation, rework and labeling capabilities together within integrated systems, customers can streamline workflows, reduce manual intervention and improve operational efficiency.”

The ST15S Semi-Automated Serialization and Aggregation Station combines semi-automated serialization, manual case aggregation, pallet aggregation and rework capabilities within a single workstation. Functions that traditionally require multiple stations for printing, inspection, aggregation and rework can now be performed through a unified system managed from one interface. By reducing operator handoffs and consolidating workflows, the ST15S helps minimize product handling and simplify day-to-day packaging activities.

The ST16P Multi-Aggregation and Automated Label Print & Apply Station combines semi-automated Pack-by-Layer aggregation with automated label printing and application in a single ergonomic platform. By integrating multiple aggregation processes and automating label management, the system helps teams reduce manual intervention, improve consistency, and perform aggregation activities more efficiently while supporting compliance requirements.

“Our product strategy begins with understanding the day-to-day challenges packaging teams face on the production floor,” continued Engdahl. “Those insights guide us toward opportunities where automation can reduce complexity and strengthen overall packaging performance. The ST15S and ST16P reflect that customer-driven approach by delivering practical automation solutions that help manufacturers enhance productivity while remaining adaptable to changing production requirements.”

Available now, these new systems expand Systech’s integrated packaging, serialization and traceability portfolio. Built on proven Systech platforms, the ST15S and ST16P can be deployed as part of an existing Systech-managed line or alongside third-party equipment already in place, avoiding the cost and disruption of a complete line redesign. By bringing greater automation to established packaging environments, the systems help manufacturers optimize workflows, protect existing technology investments and add advanced packaging capabilities.

About Systech:

Systech is a trusted provider of pharmaceutical track and trace solutions, bringing more than 40 years of expertise from the packaging line to the broader supply chain. Built on deep line-level experience, its integrated hardware and proven software solutions help reduce operational friction, improve efficiency, strengthen compliance and protect product integrity. With a perspective shaped by the realities of packaging, serialization, inspection and traceability, Systech partners with manufacturers of all sizes to build connected, modern supply chains that drive productivity and operational excellence. Systech is a leading brand of Markem-Imaje and a part of Dover Corporation. Visit www.systechone.com for further information.

About Markem-Imaje:

Markem-Imaje, a wholly owned subsidiary of Dover Corporation, connects products and protects brands through intelligent identification, traceability and consumer engagement solutions. We offer the industry’s most comprehensive range of marking and coding systems seamlessly integrated with trusted software, services and consumables. Over 50,000 customers worldwide partner with us to help them unlock the power of information in codes. With decades of proven expertise provided through the most extensive global network, we empower our customers to optimize supply chain efficiencies, achieve sustainability and compliance objectives, keep products safe and engage their consumers. This is intelligence, beyond the mark. Visit www.markem-imaje.com for further information.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.

Systech Contact:
Lou Ann Hodges
(609) 395-8400
pr@systechone.com

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com

Dover Investor Contact:
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/systech-launches-new-all-in-one-pharma-packaging-and-serialization-stations-302914327.html

SOURCE Dover

Continue Reading

Technology

Hagerty to Report Third Quarter 2026 Results and Host Conference Call on Tuesday, November 3, 2026

Published

on

By

TRAVERSE CITY, Mich., Oct. 20, 2026 /PRNewswire/ — Hagerty, Inc. (NYSE: HGTY), a business that makes it easier and more enjoyable to be a driving enthusiast, today announced it will report its third quarter 2026 financial results before the market opens on Tuesday, November 3, 2026.

Hagerty will hold a conference call to discuss the financial results at 10:00 am Eastern Time on that day. A live webcast of the conference call will be available on Hagerty’s investor relations website at investor.hagerty.com. To dial-in for the conference call, please register using the link found here to receive your unique dial-in and PIN.

A webcast replay of the call will be available at investor.hagerty.com following the call.

About Hagerty, Inc. (NYSE: HGTY)
Hagerty is a company built by drivers for drivers, protecting 3.0 million vehicles in the United States, Canada and the UK. We make it easier and more enjoyable for enthusiasts to drive and celebrate the machines they love through innovative insurance products, live and digital auctions, engaging media and events, and the Hagerty Drivers Club, the world’s largest membership community of car lovers.

For more information, please visit www.hagerty.com or www.newsroom.hagerty.com. 

Category: Financial

Source: Hagerty

View original content to download multimedia:https://www.prnewswire.com/news-releases/hagerty-to-report-third-quarter-2026-results-and-host-conference-call-on-tuesday-november-3-2026-302913291.html

SOURCE Hagerty

Continue Reading

Technology

LendingTree, Inc. to Report Third Quarter 2026 Earnings on November 3, 2026

Published

on

By

CHARLOTTE, N.C., Oct. 20, 2026 /PRNewswire/ — LendingTree, Inc. (NASDAQ: TREE), operator of LendingTree.com, the nation’s leading online financial services marketplace, today announced that it will release fiscal third quarter 2026 results after market close on Tuesday, November 3, 2026.  The company will also post a letter to shareholders on the Company’s website at investors.lendingtree.com.

The Company will hold its earnings conference call at 4:30 p.m. ET to discuss the release, which will be simultaneously webcast via the Company’s website at investors.lendingtree.com.  The webcast replay will be available following the event.

About LendingTree, Inc.

LendingTree, Inc. is the parent of LendingTree, LLC and several companies owned by LendingTree, LLC (collectively, “LendingTree”).

LendingTree (NASDAQ: TREE) is one of the nation’s largest, most experienced online financial platforms, created to give consumers the power to win financially.  LendingTree provides customers with access to the best offers on loans, credit cards, insurance and more through its network of over 770 financial partners.  Since its founding, LendingTree has helped millions of customers obtain financing, save money, and improve their financial and credit health in their personal journeys. With a portfolio of innovative products and tools and personalized financial recommendations, LendingTree helps customers achieve everyday financial wins.

LendingTree, Inc. is headquartered in Charlotte, NC. For more information, please visit www.lendingtree.com.

INVESTOR RELATIONS:
investors@lendingtree.com

MEDIA RELATIONS:
press@lendingtree.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lendingtree-inc-to-report-third-quarter-2026-earnings-on-november-3-2026-302914505.html

SOURCE LendingTree, Inc.

Continue Reading

Trending