From Ancient Grounds to an Intelligent Future: The 1st International Humanoid Olympiad Launches in Olympia, Greece
ATHENS, Greece--(BUSINESS WIRE)--This year, Olympia, Greece, the birthplace of the Olympic Games, welcomes the inaugural International Humanoid Olympiad. From August 29th to September 2nd, at the International Olympic Academy in Olympia, humanoid robots will participate in demonstrations and Olympic-inspired games, showcasing their dexterity and intelligence, while global leaders in robotics and AI will share insights through expert talks and workshops. Blending millennia-old values, ethos, and ideals with a bold vision for the future, the event will spotlight how human creativity and robotics are shaping the future.
From Ancient Grounds to an Intelligent Future: The 1st International Humanoid Olympiad Launches in Olympia, Greece
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This global gathering brings together state-of-the-art humanoid robots in spectacular showcases designed to captivate audiences of all ages and backgrounds while their creators, researchers, engineers, students, and visionaries are pushing the boundaries of what intelligent machines can do. Initiated by Acumino, a pioneering scale-up in Robotic Intelligence, and co-organized with Endeavor Greece, the organisation that helps high impact entrepreneurs scale and multiply their impact, the event invites the world to witness how humans and machines can learn, evolve, and inspire one another.
What to Expect:
Interactive Demos
Get up close with cutting-edge humanoids. Watch live demos, interact with them, and learn how their AI helps them move, adapt, and solve real-world problems, delivering value to the economy and society.
Expert Talks
Hear from global leaders in robotics and AI as they discuss the future of physical intelligence, human-robot collaboration, and ethical tech.
Physical AI in Robotics
Discover how physical AI is revolutionizing industries through targeted workshops.
Building Robots
Hands-on workshops where participants, especially students and children, can build their own robots with the guidance of experts. No previous experience needed.
Olympic-Inspired Games
Humanoids will participate in games like sprinting, jumping, and javelin throwing, testing their dexterity, agility, and sensorimotor coordination.
Why It Matters
As AI and robotics shape the future, the International Humanoid Olympiad invites us to ask a deeper question - not just what machines can do, but what kind of future we want to design together. This is a place to come together, connect with researchers, builders, dreamers, and pioneers from around the world and redefine what is possible.
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Associated Press
21 minutes ago
- Associated Press
Blackline Safety Reports Record Fiscal Second Quarter 2025 Revenue of $35.9 million and Adjusted EBITDA of $1.0 million
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This quarter is also the fourth consecutive quarter of positive adjusted EBITDA, further highlighting the continued strength and resilience of Blackline's proven business model. Blackline has demonstrated tremendous growth and operating leverage over the past few years — since Q2 2022 revenue has more than doubled and gross profit has increased by 220% while operating expenses have only increased by 17% over the same period. During the quarter, the Company shipped the first units of its EXO 8 Gamma area monitor, a groundbreaking device featuring radiation detection. EXO 8 is the only direct-to-cloud portable area monitor capable of detecting up to eight gases and gamma radiation at the same time. This technology strengthens Blackline's offering in the fire and hazmat and emergency response markets, opening further opportunities for growth. 'Blackline's proven business model has demonstrated its resilience over the years across a variety of macroeconomic conditions. Since launching our first connected safety product in 2017, we have achieved over $500 million in sales — a clear testament to the strong adoption of our industry-pioneering product portfolio,' concluded Slater. Financial Highlights Fiscal Second Quarter 2025 and Recent Financial and Operational Highlights Blackline reported total revenue of $35.9 million, a 14% year-over-year increase. This growth was driven by a 31% increase in service revenue to $21.9 million, reflecting robust demand for Blackline's connected software services, which increased 32% to $19.2 million, along with rentals, which grew 20% to $2.7 million. Second quarter product revenue declined 5% year-over-year. This pullback was driven by geopolitical uncertainty that delayed deals in North America and internationally. 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Service gross margin reached a record 79%, reflecting the Company's high-margin recurring revenue and growing demand for its connected safety services. Product gross margin was 39%, up from 34% a year ago, highlighting the resilience of Blackline's hardware margins despite tariff headwinds in the quarter. Trailing 12-month gross margin climbed to 61%, marking the 12 th consecutive quarter of margin expansion. Total expenses were 70% as a percentage of revenue – compared with 69% last year in Q2 – as Blackline continued to invest in its operational infrastructure and sales growth initiatives. General and administrative expenses were 23% of revenue this year, compared to 21% in Q2 2024, driven by investments to support the Company's previously disclosed scalability initiatives. Sales and marketing expenses declined to 32% of revenue from 33% last year. Product research and development expenses decreased to 15% as a percentage of revenue from 16%. Adjusted EBITDA for the quarter was $1.0 million, a significant improvement from a ($2.0) million loss in the prior year's quarter. This marks the fourth consecutive quarter of positive adjusted EBITDA, demonstrating the increasing scalability and resilience of Blackline's business model. The adjustment to EBITDA this quarter includes certain tariffs imposed on inventory shipped to the United States. Net loss for the quarter narrowed to ($3.7) million, a 13% improvement from Q2 last year, reflecting higher gross profit and improved operational leverage. Blackline's cash and short-term investments totaled $52.6 million at the end of the quarter, a 22% increase from year-end fiscal 2024. The securitization facility was fully paid down and not renewed during the quarter. The Company had available capacity on its senior secured operating facility, including its accordion feature, of $17.5 million as of April 30, 2025, for total available liquidity of $70.1 million. Blackline's Interim Condensed Consolidated Financial Statements and Management's Discussion and Analysis on Financial Condition and Results of Operations for the three-month and six-month period ended April 30, 2025, are available on SEDAR+ under the Company's profile at All results are reported in Canadian dollars. Outlook Most of the Company's products are United States–Mexico–Canada Agreement ('USMCA') compliant and exempt from tariffs currently in place on goods shipped to the United States from Canada. As a result, Blackline Safety remains well-positioned to expand its business with its comprehensive suite of connected safety wearables and area monitors. The Company's technology supports diverse industries worldwide, delivering real-time safety insights, emergency response management, and improved productivity. The uncertainty surrounding tariffs may slow the global investment environment and impose additional costs on the business, with potential negative impacts on revenue and earnings. Blackline remains committed to leveraging its innovative product portfolio to meet the needs of customers worldwide. With strategic investments in manufacturing, sales, and marketing, we will continue to drive strong growth, particularly in our high margin service revenue, as we help transform the industrial workplace into a connected one. Conference Call A conference call and live webcast have been scheduled for 11:00 am ET on Wednesday, June 11, 2025. Participants should dial 1-833-821-3052 or 1-647-846-2509 at least 10 minutes prior to the conference time. A live webcast will also be available at Participants should join the webcast at least 10 minutes prior to the start time to register and install any necessary software. A replay will be available after 2:00 PM ET on June 11, 2025 through July 11, 2025 by dialling 1-855-669-9658 (Canada/USA Toll Free) or 1-412-317-0088 (International Toll) and entering access code 3417383. About Blackline Safety: Blackline Safety is a technology leader driving innovation in the industrial workforce through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance. Blackline provides wearable devices, personal and area gas monitoring, cloud-connected software and data analytics to meet demanding safety challenges and enhance overall productivity for organizations with customers in more than 75 countries. Armed with cellular and satellite connectivity, Blackline provides a lifeline to tens of thousands of people, having reported over 286 billion data-points and initiated over eight million emergency alerts. For more information, visit and connect with us on Facebook, X (formerly Twitter), LinkedIn and Instagram. Non-GAAP and Supplementary Financial Measures This press release presents certain non-GAAP and supplementary financial measures, including key performance indicators used by management typically used by the Company's competitors in the software-as-a-service industry, as well as non-GAAP ratios to assist readers in understanding the Company's performance. These measures do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other issuers and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Management uses these non-GAAP and supplementary financial measures, as well as non-GAAP ratios and key performance indicators to analyze and evaluate operating performance. Blackline also believes the non-GAAP and supplementary financial measures defined below are commonly used by the investment community for valuation purposes, and are useful complementary measures of profitability, and provide metrics useful in Blackline's industry. Throughout this news release, the following terms are used, which do not have a standardized meaning under GAAP. Key Performance Indicators The Company recognizes service revenues ratably over the term of the service period under the provisions of agreements with customers. The terms of agreements, combined with high customer retention rates, provides the Company with a significant degree of visibility into near-term revenues. Management uses several metrics, including the ones identified below, to measure the Company's performance and customer trends, which are used to prepare financial plans and shape future strategy. Key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies. See also 'Supplementary Financial Measures' below. Non-GAAP Financial Measures A non-GAAP financial measure: (a) depicts the historical or expected future financial performance, financial position or cash of the Company; (b) with respect to its composition, excludes an amount that is included in, or includes an amount that is excluded from, the composition of the most comparable financial measure presented in the primary consolidated financial statements; (c) is not presented in the primary financial statements of the Company; and (d) is not a ratio. Non-GAAP financial measures presented and discussed in this news release are as follows: 'EBITDA' is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company which excludes the impact of certain non-cash or non-operational items. EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization. 'Adjusted EBITDA' is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company which excludes the impact of certain non-operational items and certain non-cash and non-recurring items, such as stock-based compensation expense. Adjusted EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization, stock-based compensation expense, foreign exchange loss (gain), and non-recurring impact transactions, if any. The Company considers an item to be non-recurring when a similar revenue, expense, loss or gain is not reasonably likely to occur. Reconciliation of non-GAAP financial measures Non-GAAP Ratios A non-GAAP ratio is a financial measure presented in the form of a ratio, fraction, percentage or similar representation and that has a non-GAAP financial measure as one or more of its components. Non-GAAP ratios presented and discussed in this news release are as follows: 'EBITDA per common share' is useful to securities analysts, investors and other interested parties in evaluating operating and financial performance. EBITDA per common share is calculated on the same basis as net income (loss) per common share, utilizing the basic and diluted weighted average number of common shares outstanding during the periods presented. 'Adjusted EBITDA per common share' is useful to securities analysts, investors and other interested parties in evaluating operating and financial performance. Adjusted EBITDA per common share is calculated on the same basis as net income (loss) per common share, utilizing the basic and diluted weighted average number of common shares outstanding during the periods presented. Supplementary Financial Measures A supplementary financial measure: (a) is, or is intended to be, disclosed on a periodic basis to depict the historical or expected future financial performance, financial position or cash flow of the Company; (b) is not presented in the financial statements of the Company; (c) is not a non-GAAP financial measure; and (d) is not a non-GAAP ratio. Supplementary financial measures presented and discussed in this news release is as follows: Note Regarding Forward Looking Statements This news release contains forward-looking statements and forward-looking information (collectively 'forward-looking information') within the meaning of applicable securities laws relating to, among other things, the Company's expectation that EXO 8 provides an opening further opportunities for growth, management's belief that the current macroeconomic uncertainty is temporary, that the Company believes a majority its products are USMCA compliant and exempt from tariffs currently in place for goods being shipped to the United States from Canada and that the Company is well-positioned to expand its business with its comprehensive suite of connected safety wearables and area monitors, that the Company will continue to drive strong growth, especially in its high margin service revenue. Blackline provided such forward-looking statements in reliance on certain expectations and assumptions that it believes are reasonable at the time. The material assumptions on which the forward-looking information in this news release are based, and the material risks and uncertainties underlying such forward-looking information, include: expectations and assumptions concerning business prospects and opportunities, customer demands, the availability and cost of financing, labor and services, that Blackline will pursue growth strategies and opportunities in the manner described herein, and that it will have sufficient resources and opportunities for the same, that other strategies or opportunities may be pursued in the future, and the impact of increasing competition, business and market conditions; the accuracy of outlooks and projections contained herein; the continuation of USMCA and other applicable trade agreements; that future business, regulatory, and industry conditions will be within the parameters expected by Blackline, including with respect to prices, margins, demand, supply, product availability, supplier agreements, availability, and cost of labour and interest, exchange, and effective tax rates; projected capital investment levels, the flexibility of capital spending plans, and associated sources of funding; cash flows, cash balances on hand, and access to the Company's credit facility being sufficient to fund capital investments; foreign exchange rates; near-term pricing and continued volatility of the market; accounting estimates and judgments; the ability to generate sufficient cash flow to meet current and future obligations; the Company's ability to obtain and retain qualified staff and equipment in a timely and cost-efficient manner; the Company's ability to carry out transactions on the desired terms and within the expected timelines; forecast inflation, including on the Company's components for its products, regulatory changes, supply chain disruptions, macroeconomic conditions, US-Canada tariffs, the impacts of the military conflict between Russia and Ukraine and between Israel and Hamas on the global economy; and other assumptions, risks, and uncertainties described from time to time in the filings made by Blackline with securities regulatory authorities. Although Blackline believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Blackline can give no assurance that they will prove to be correct. Forward-looking information addresses future events and conditions, which by their very nature involve inherent risks and uncertainties, including the risks set forth above and as discussed in Blackline's Management's Discussion and Analysis and Annual Information Form for the year ended October 31, 2024 and available on SEDAR+ at Blackline's actual results, performance or achievement could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Blackline will derive therefrom. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide readers with a more complete perspective on Blackline's future operations and such information may not be appropriate for other purposes. Readers are cautioned that the foregoing lists of factors are not exhaustive. These forward-looking statements are made as of the date of this press release and Blackline disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. View source version on CONTACT: INVESTOR/ANALYST CONTACT Jason Zandberg, Director, Investor Relations [email protected] Telephone: +1 587 324 9184MEDIA CONTACT Jodi Stapley, Director, Brand [email protected] Telephone: +1 587-355-5907 KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: HARDWARE IOT (INTERNET OF THINGS) OIL/GAS OTHER PROFESSIONAL SERVICES ENERGY SATELLITE TECHNOLOGY PROFESSIONAL SERVICES WEARABLES/MOBILE TECHNOLOGY OTHER TECHNOLOGY SOFTWARE NETWORKS OTHER ENERGY DATA ANALYTICS UTILITIES MOBILE/WIRELESS SOURCE: Blackline Safety Corp. Copyright Business Wire 2025. PUB: 06/11/2025 07:17 AM/DISC: 06/11/2025 07:15 AM
Associated Press
21 minutes ago
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BetterNOI and Snappt Join Forces to Fight Fraud and Streamline Leasing
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Yahoo
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Device consumers can define security policies suited to their operational needs rather than relying on operating system developers or manufacturers to impose ill-fitting controls. "Once considered a niche idea, open-source silicon is becoming an inevitability with the adoption of implementations like OpenTitan by Google," said Rizzo. "Leveraging open-source silicon means we can deliver 'big tech'-like device security to every segment of the silicon ecosystem. Moving away from unverifiable 'black boxes' and towards fully transparent and verifiable foundations unlocks a new paradigm, putting device owners back in control of their remotely connected devices without requiring physical diligence by hardware manufacturers. Instead, any trusted stakeholder in the supply chain can leverage ZeroRISC's software-based monitoring to build confidence and retain control." ZeroRISC's secure-by-design approach starts security as early as possible, during chip design and manufacturing with transparent OpenTitan-based implementations. This assurance-first approach ensures that security starts below the operating system, offering protection against the most sophisticated hardware and firmware attacks and more common software vulnerabilities. As regulators push liability to manufacturers and with annual cyber insurance premiums expected to reach $23 billion by 2026, ZeroRISC gives CISOs final authority over what software can run on their devices, preventing unauthorized actions. ZeroRISC forges immutable trust of hardware by software, securing the entire supply chain from the factory to in-field operation. The company has attracted notable support from technology industry luminaries, including Analog Devices co-founder Ray Stata, who noted, "ZeroRISC is making truly trustworthy supply chain security accessible to every organization and end customer, not just those with specialized hardware or significant budgets. This is a massive shift." "ZeroRISC will become a foundational requirement for future systems essential for combating AI deepfakes and similar threats by ensuring end-to-end attestation, from real sensor data capture to the verified AI model and prompt used to generate outputs," said Rajeev Surati, Investor, Fundomo. In February 2024, ZeroRISC introduced the first open-source chip built on the OpenTitan secure silicon design, produced commercially by Nuvoton Technology Corporation. This platform RoT marks a critical milestone in bringing trustworthy and secure open silicon to the global market. Based on strong interest from end users, OEMs, and SoC vendors, ZeroRISC is offering an early access program to express interest in the first silicon or future collaboration. ZeroRISC is hiring. Explore open roles and learn more about ZeroRISC at: About ZeroRISC ZeroRISC is expanding security by empowering device owners and operators in crucial sectors like silicon production, IoT, and critical infrastructure with full device ownership, control, and visibility. With transparent and trustworthy OpenTitan-enabled designs, ZeroRISC's Integrity Management Platform affords customers the power to separate device security from place of manufacture by forging immutable trust of hardware by software. Headquartered in Boston, MA, ZeroRISC was founded by Dominic Rizzo, the OpenTitan project founder. The company is a leading project contributor, driving the commercialization of open-source silicon designs and device management software. For more information, visit View source version on Contacts Media: Ellen MilesMarketbridge for ZeroRISCzeroRISC@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
