Dhaka, Bangladesh, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - The U.N. Climate Change Conference next week needs to urgently address major gaps in funding and technology and adopt fresh approaches to meet the challenges of developing countries with vulnerable communities such as Bangladesh, Summit Power International Limited (“SPIL”), the country’s largest private sector power generation company, said today.Singapore-headquartered SPIL, the leading foreign direct investor in Bangladesh’s power sector, said it hoped the widely anticipated COP29 Climate Change Conference starting 11 November in Azerbaijan will lead to an actionable agenda that can balance global net zero targets with the needs of poorer countries seeking to eradicate poverty and create jobs on an accelerated scale.SPIL operates 18 power plants with a combined capacity of 2,255 MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people. As a responsible company with a strong track record of providing energy and power to Bangladesh, SPIL is acutely aware of the international initiatives to de-carbonise.At COP21 in 2015, 196 countries signed the Paris Agreement with collective commitments to limit global warming. However, subsequent global financing initiatives have been deadlocked. Among the key initiatives of COP29 is a New Collective Quantified Goal to deliver substantive climate financing to regions that need it most.Beyond the pledges, global climate goals must also take into consideration challenges unique to each country, especially the lesser developed, said SPIL. Prior to COP29, SPIL had outlined its internal Climate Action Plan to support Bangladesh’s stated goal (declared at the COP26 in Glasgow in 2021) to achieve up to 40% of clean energy use in its power generation mix by 2041.“Both the national and SPIL’s own de-carbonisation targets have to be viewed against the backdrop of the pandemic and subsequent supply chain disruptions as well as the conflict in Ukraine which drove up prices of fossil fuels. Bangladesh, which has to contend with cyclones and flooding on a regular basis, has felt the impact of such disruptions more acutely than most other countries.“We hope COP29 – whose leaders have promised engagement, ambition, and action – will address decisively real-world issues from the perspective of developing nations and responsible corporates involved in the energy eco-system, such as SPIL. We look forward to holistic approaches that avoid a one-size-fits-all mindset,” SPIL said.SPIL’s Founder and Chairman, Mr Muhammed Aziz Khan, a Singapore citizen, said: “We hope COP29 adopts approaches fairly and equitably to address the social and economic impact, particularly for vulnerable communities and workers in fossil fuel industries in developing countries. A just energy transition must promote circular economy principles that benefit local populations to ensure resilience.Second, international organisations, governments, and corporations must provide funding and technology to support the energy transition. For developing countries such as Bangladesh, such approaches must combine development finance and foreign direct investments.Third, different regions will have different timelines to progress towards net zero. For the near term, Bangladesh’s power sector – which has been facing issues of imbalance of supply and demand and delays in payments – needs to reduce dependence on coal or heavy fuel oil and increase usage of natural gas which is less carbon-intensive, even as it pursues initiatives in renewable energy.”As part of its Climate Action Plan, SPIL has committed not to develop new fuel-fired power plants in Bangladesh. It will also reduce its Scope 1 and Scope 2 emissions by 10% by 2030 as compared to its 2021 baseline and plans to derive 40% of its energy generation portfolio from clean energy sources by 2040. SPIL has also formed a Sustainability Task Force under the leadership of the CEO.While recognising geographical limitations in Bangladesh for large-scale solar or wind farms, SPIL has outlined plans to invest or obtain international financial support for up to USD 3 billion in renewable energy projects in the country.About Summit Power International Limited (“SPIL”)SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country’s total installed capacity. SPIL owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh’s second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet.SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank’s private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan’s largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date.Learn more at: www.summitpowerinternational.com Media ContactWeR1 Consultants Pte LtdWhatsApp (Text): (+65) 9748 0688Email: summit@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
Today, Aoxue 2024 Spatial Computing Product Launch Conference was successfully held at the Hangzhou West Lake State Guest House, officially launching the high-end flagship headset - Aoxue Vision Max. This product not only marks a significant step forward for Aoxue in the mixed reality field but also represents a revolutionary transformation in the way we interact with the digital world.
At the early 1990s, renowned scientist Qian Xuesen, a pioneer in Chinese aerospace program, envisioned a ‘spiritual realm' or an ‘immersive digital realm’, prefiguring today's metaverse. Now, in his hometown of Hangzhou, Aoxue introduces Aoxue Vision Max, inviting the world to explore the frontiers of this digital realm.
Fan Rui, founder and CEO of Aoxue, stated“The term ‘Spiritual Realm’ demonstrates the concept of a fusion between the virtual and the real, yet it is distinct from an artificially created physical reality. Qian Xuesen's focus on ‘Spiritual Realm’ technology was driven by its ability to significantly expand human sensory capabilities and its key role in pushing the boundaries of human-computer integration. With the ‘Spirit Realm,’ We aim to achieve further exploration and interaction with multidimensional space, paving the way for a new era of human-computer interaction.”
Digital Scent, Tri-sensory Experience
By integrating digital scent technology with innovative design concepts, Aoxue Vision Max delivers tailored scents for various scenarios, ensuring the health, safety, and environmental friendliness of the scents. This significantly amplifies the content's sensory impact, resulting in a more immersive and memorable experience.
Ultimate Contours, Exquisite Aesthetics.
Aoxue Vision Max is meticulously crafted with cutting-edge, ultra-lightweight materials. The exterior frame, inspired by the aerodynamic lines of ski goggles, is ergonomically designed with premium selected materials, while the interior mask is lined with a soft, flexible fabric that can accommodate a wide range of facial structures, providing a customized fit for every user. Moreover, the right-hand knob is designed to facilitate the switching between real and virtual scenes through rotation, offering users complete control over their immersive experience.
Experience Weightless Comfort
With a weight of only 295g, providing users with an ultra-lightweight and comfortable wearing experience. Fan Rui highlighted that the headset's lightweight and comfortable design allows users to fully immerse themselves in digital world without feeling any discomfort or fatigue.
Stunning 8K Stereoscopic Visual Experience
The Aoxue Vision Max's inner screen is equipped with two Micro OLED displays, boasting an incredibly high pixel density of approximately 3882 PPI. This means each eye receives the pixel count equivalent to a 4K screen, setting a new standard for detailed resolution.
Our self-developed Pancake optical module, crafted with a new resin material and cutting-edge 3P Pancake folded-lens design, offers a significant leap in display performance. It's lighter, more durable, and more cost-effective than glass materials, while maintaining exceptional clarity and thermal stability.
The premium audio component, meticulously integrated with dual drivers on the bezel, combined with the exceptional screen and lens, delivers an ultimate immersive audio-visual experience with high-resolution visuals.
Ringless Hand Controller, AI-Driven Interaction
What's even more surprising is that the Aoxue Vision Max comes with a ringless controller as a versatile, highly customizable accessory for the headset. It's designed to fit a wide range of games and applications. Featuring ergonomic design, the controller eliminates the traditional outer light ring and supports millimeter-level high-precision positioning with a tracking latency of less than 25ms. Equipped with a high-performance, wide-bandwidth linear motor, it delivers high-quality haptic feedback. With a long-lasting 40-hour battery life, weighing only 109g, it's compact and portable, making it easy to carry and store.
Users can interact not only through ringless controllers but also through gesture recognition and AI voice recognition with virtual characters and objects. These interactive designs are closer to users' natural habits and intuitive interactions. Aoxue will continue to integrate AI technology to make the exploration and operation with the virtual world as natural as breathing.
Outstanding Computing Power, Delivering Exceptional Performance
Aoxue Vision Max is powered by the cutting-edge Qualcomm Snapdragon XR2 Gen 2 chipset and a meticulously engineered hardware suite. This powerful setup enables efficient processing of real-time data streams from cameras, sensors, and microphones. By eliminating latency between sensors and display, it ensures rapid and stable response when handling high-speed dynamic data, with images-to-display transmission in merely 12 milliseconds.
5K/8K Resolution with Versatile Configurations and Wide Range of Options
Introducing Aoxue Vision Max, Aoxue's latest pinnacle of visual technology. Alongside it, we're thrilled to unveil Aoxue Vision. Boasting a stunning 5K resolution (5120x2560) on a cutting-edge Micro OLED display, Aoxue Vision delivers a buttery-smooth visual experience that immerses you like never before. While offering exceptional value, Aoxue Vision caters to a wide range of user preferences.
Upholding Values, Shaping the Future
At the conference, Tong Tao, Chief Strategy Officer of Aoxue, and Chen Maoliang, China Division General Manager of the Saudi Arabia Tourism Authority, signed a strategic cooperation agreement on digital tourism. Both parties reached a deep consensus on jointly building an immersive digital tourism location-based entertainment project. Aoxue will provide top-tier metaverse technology solutions to collaborate with Saudi Arabia in deeply empowering and innovating the mixed reality technology within the Middle East's cultural and tourism industry.
Aoxue's latest product launch has injected new vitality and opportunities into the industry. As mixed reality technology continues to evolve and become more widespread, Aoxue Vision Max will offer users a richer and more immersive metaverse audio-visual experience.
In the future, Aoxue will provide more answers regarding the exploration and development in Metaverse. Stay tuned!
BRUSSELS, BELGIUM, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - MANAMAURI, the energy drink brand known for its commitment to high quality and smart pricing, has officially finalized an acquisition agreement with a subsidiary of EastBridge Global Investments. This strategic partnership empowers MANAMAURI to scale globally, remaining true to its founding values of exceptional product standards, accessibility, and support for emerging sports talent.MANAMAURI LOGO"MANAMAURI was established with a clear mission: to deliver premium energy products with an intelligent pricing model, making quality accessible without compromising our values," shared a spokesperson for MANAMAURI. "We've managed to grow steadily while maintaining lean operations, focusing on efficient structures that keep unnecessary costs low. The success we've achieved in just a few years has inspired us to embrace a larger, global vision."The transition of ownership has been completed, with the support of the original shareholders, who remain available to provide assistance to the new management as needed. This ensures a seamless continuation of MANAMAURI's operations and strategic direction. To drive this expansion, EastBridge has ambitious plans to establish three new production facilities in Africa, the Middle East, and Asia. These new facilities will boost MANAMAURI's production capacity while fostering community development and employment opportunities in regions with high growth potential, such as Africa. MANAMAURI has long invested in visibility across various sports, strengthening its presence beyond just motorsports.In addition to a GT3 endurance racing team that won last year's Middle East Endurance Championship (where the majority of ownership remains with South American stakeholders), MANAMAURI has steadily expanded its involvement to include football, mountaineering, volleyball, and motocross. By supporting skilled athletes in underrepresented or emerging sports, the brand remains committed to elevating sports that often receive limited sponsorship and recognition.As part of its growth strategy, MANAMAURI will soon launch a new product line that continues its dedication to natural and sustainable choices, aligned with EastBridge's commitment to responsible business practices. The upcoming products include:Vitamin Water: delivering a quick, healthy recharge using only the finest natural ingredients.Pre-workout Drink: formulated to support peak performance with a blend of natural and essential nutrients.Mineral Supplements: focused on hydration and recovery, derived from premium, natural mineral sources.High-Quality Fruit Juices: crafted with 100% natural ingredients, free from artificial additives or preservatives, providing a pure, energizing experience that embodies MANAMAURI's core values.About MANAMAURIFounded with a vision to bring high-quality energy products to market at a fair, accessible price, MANAMAURI has gained significant traction for its innovative, efficient approach to product quality and pricing. With EastBridge Global Investments on board, MANAMAURI is ready to expand internationally while staying true to its roots and dedication to supporting emerging athletic talent.About EastBridge Global InvestmentsEastBridge Global Investments focuses on supporting the sustainable growth of emerging brands across Asia, Africa, and the Middle East. By providing targeted resources and industry connections, EastBridge empowers brands like MANAMAURI to reach new heights while upholding their founding principles.Contact InformationAlistair VaughnMARKETING AND MEDIAmarketing@manamauri.com+13107421384SOURCE: MANAMAURI ENERGY Copyright 2024 ACN Newswire via SeaPRwire.com.
Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 7, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "Military") is pleased to announce that Mark Saxon has been appointed to its Board of Directors (the "Board") as an independent director. Mr. Saxon's appointment increases the Board to a total of five seats.Scott Eldridge, Chief Executive Officer of the Company, commented, "On behalf of the board and our shareholders I am excited to welcome Mark Saxon to our board of directors. Mark has an extensive technical background in critical metals in combination with decades of capital markets experience in both Canada and Australia. He is a welcome addition to our team and will help deliver on our strategy of contributing to global antimony markets through the exploration and development of brownfields projects in multiple countries. He was the QP for the recent NI 43-101 report on the exciting Sunday Creek antimony-gold discovery of Southern Cross Gold (ASX: SXG) and Mawson Gold (TSXV: MAW)."Mr. Saxon has 30 years of experience in exploration and resource geology, with the past decade in CEO and leadership roles in Canadian and Australian public companies. After graduating from the University of Melbourne in 1991 with a First Class Bachelor of Science (Honours) in geology, he has worked globally with a particular focus on critical raw materials and their supply chains. He brings a very strong track record of discovery with T2 Metals Corp, Mawson Gold Ltd, Tasman Metals Ltd, and Tinka Resources Ltd across rare earth elements, lithium, base metals and gold.Military has granted Mark Saxon 200,000 common share stock options at $0.95 per share. The stock options, which vest immediately, are for a period of 5 years and are subject to a 4 month hold period pursuant to the rules of the CSE.Further UpdatesThe Company also reports that the bore hole EM geophysical survey on historical collars has been completed on its Manson Bay Project, interpretation of the results are underway and will be released at a later date.To help honour the immeasurable sacrifices our Veterans and their families made during times of need, the Company has made a corporate donation to the Digital Poppy Campaign managed by The Legion National Foundation. The Company encourages its followers to do the same in honour of our Veterans, more information is available by email at info@LNFCanada.ca or toll free at 1 (888) 596 - 0217.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on critical minerals such as copper and antimony, as well as gold.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news releaseTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/229155 Copyright 2024 ACN Newswire via SeaPRwire.com.
SEOUL, S.KOREA, Nov 9, 2024 - (ACN Newswire via SeaPRwire.com) - Bringko, Korea's signature cross-border e-commerce platform, provides a service where global consumers can quickly, conveniently, and economically purchase Korean products - just as its name suggests - 'Bring Korea'. Bringko has positioned itself as an integral shopping platform among overseas Koreans and foreigners who need diverse Korean products such as K-beauty, K-food, and K-pop.Through its patented and self-owned server system, Bringko allows its clients to add products from Approximately 200 Korean-renowned online shopping malls to virtual carts. Bringko's system then guides the products to be conveniently purchased through major global credit cards or PayPal. When all the ordered products arrive at Bringko's logistics center, they are packaged in bulk through global courier services such as FedEx and UPS for quick delivery overseas. Such a convenient process has positioned Bringko as Korea's cross-border e-commerce market leader for the last four years.While some Korean products can be purchased overseas from offline markets, group purchases, or online channels, it is difficult to encounter up-to-date products in time. Since it takes a long time for Korean products to enter overseas offline markets, they are likely to be outdated by the time they reach the sales aisles. On the other hand, Bringko is the only platform where real-time purchases of recent Korean products on OTT channels or K-pop content are available, thus proving its charm to many trend-sensitive consumers.Another advantage of Bringko is that it provides up-to-date products, steady sellers, and popular products scarce outside of Korea at a reasonable price. To enable such service, Bringko has been offering major products such as K-beauty products, health products, quilts, underwear, food, etc at cheap prices for foreign consumers by coalescing with diverse brands. In particular, Bringko enables clients to enjoy shopping without the burden of overseas shipping costs through their 'free overseas shipping' promotion.Bringko's differentiated service provides more accessibility to foreign consumers and plans to offer recent Korean trends accompanied by the global K-culture fad to more global clients in real-time.Media contactBringko Inc.Jiwon GoWebsite: https://Bringko.com/pc/ Copyright 2024 ACN Newswire via SeaPRwire.com.