InPlay Oil Corp. Confirms Monthly Dividend for July 2025
About InPlay Oil Corp.
InPlay is a junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The company operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential as well as undeveloped lands with exploration possibilities. The common shares of InPlay trade on the Toronto Stock Exchange under the symbol IPO and the OTCQX Exchange under the symbol IPOOF.
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Malaysian Reserve
21 hours ago
- Malaysian Reserve
VisionWave Files USPTO Response Within Six Days of Office Action; Announce Evolved Intelligence™ Trademark Application for Real-Time Edge Autonomy
WEST HOLLYWOOD, Calif., Aug. 19, 2025 /CNW/ — VisionWave Holdings, Inc. (NASDAQ: VWAV) ('VisionWave' or the 'Company'), a defense technology company specializing in AI-powered sensing and autonomous threat-response systems, today announced two intellectual property updates that seek to strengthen its technology and intellectual property strategy. VisionWave has accelerated prosecution of a continuation patent related to its Radio Wave Finder technology. Further, VisionWave is introducing Evolved Intelligence™ (EI), VisionWave's real-time, embedded AI engine designed for defense-grade autonomy at the edge. USPTO update – Radio Wave Finder continuation On August 12, 2025, the U.S. Patent and Trademark Office ('USPTO') issued a first Office Action on the Company's continuation application. The Office Action raised a procedural double-patenting matter that can be addressed via a Terminal Disclaimer; no other substantive issues were identified. VisionWave filed its formal response – including a Terminal Disclaimer – on August 18, 2025, to help expedite examination. The Company filed its response six days after the Office Action, demonstrating timely attention to IP matters. Patent issuance is not guaranteed until granted by the USPTO. The continuation describes a multi-planar radio-wave detection and imaging system with an AI analysis component for use across air, water, ground, and space domains. Technology Momentum – Evolved Intelligence™ (EI) EI is VisionWave's real-time, embedded AI engine engineered for split-second, on-device decision-making in contested or bandwidth-limited environments. Its modular architecture combines multi-modal sensor fusion with a deterministic, edge-optimized runtime to deliver low-latency perception, prediction, and control across drones, unmanned ground vehicles, guided munitions, sensors and humanoid robotics. EI is intended to serve as a common autonomy layer across sensors and platforms. Separately, VisionWave has filed a U.S. trademark application for EVOLVED INTELLIGENCE™ (Serial No. 99317884); registration is not guaranteed and remains subject to standard USPTO examination. Management commentary Noam Kenig, Chief Executive Officer, VisionWave said 'EI is designed to combine logic- and data-driven models with an added reasoning layer, with the goal of enabling more context-aware decision support in real time.' Mr. Kenig continued 'our RF-to-image sensing approach is being developed to improve range and reduce clutter in contested environments.' 'EI is built for deterministic, low-latency decisions at the edge. Our patent-pending multi-planar RF-to-image sensing architecture synchronizes phased arrays with on-device inference to reconstruct high-fidelity target signatures from sparse emissions – cutting clutter and boosting range and precision. Coupled with EI's fusion layer, it is being developed with the goal of improving range and precision in contested EW environments' added, Dr. Danny Rittman, Chief Technology Officer, VisionWave Recent U.S. government initiatives and semiconductor programs underscore broader demand trends for edge-based autonomy. While VisionWave's technologies may be applicable in these areas, the Company has not entered into agreements under such programs. VisionWave's recent IP filings reflect an ongoing strategy to strengthen protection of its inventions and related brand assets. Below is a summary of VisionWave EI offering: Deterministic edge autonomy: bounded-latency inference and control for mission-critical timing. Multi-modal fusion: radar/RF/EO/IR/system-health unified into a coherent operating picture. Patent-pending RF-to-image sensing: multi-planar architecture designed to reduce clutter and enhance range/precision. Scalable runtime: modular, hardware-agnostic deployment across air, land, sea, and stationary sensors. IP + TM protection: expanding patent estate plus the EVOLVED INTELLIGENCE™ trademark to protect the technology and brand assets. Program-ready posture: designed for comms-denied/GPS-denied operations and export-control-aware integrations. Trademark Notice EVOLVED INTELLIGENCE™ is a trademark of VisionWave Holdings, Inc. U.S. trademark registration is pending and not guaranteed. About VisionWave Holdings, Inc. VisionWave Holdings Inc. (Nasdaq: VWAV) is a U.S.-based defense technology company advancing next-generation battlefield capabilities through AI-powered sensing platforms and autonomous defense systems. Leveraging proprietary super-resolution radar, multispectral, and radio-frequency imaging technologies, VisionWave provides real-time threat detection and decision-support capabilities across air, land, and sea domains. The Company is incorporated in Wilmington, Delaware, with its operational headquarters in West Hollywood, California, and maintains advanced research and development operations in Canada. Forward-Looking Statements This press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as 'estimate,' 'plan,' 'project,' 'forecast,' 'intend,' 'will,' 'expect,' 'anticipate,' 'believe,' 'seek,' 'target' or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the estimated implied enterprise value of the Combined Company, VisionWave Holdings' ability to scale and grow its business, the advantages and expected growth of the Combined Company, the Combined Company's ability to source and retain talent, and the cash position of the Combined Company following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of VisionWave Technologies' management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although each of BNIX, VisionWave Technologies and VisionWave Holdings believes that it has a reasonable basis for each forward-looking statement contained in this press release, each of BNIX, VisionWave Technologies and VisionWave Holdings cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the definitive proxy statement/prospectus mailed to BNIX stockholders, and filed by the Combined Company with the SEC and other documents filed by the Combined Company or BNIX from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. BNIX, VisionWave Technologies and VisionWave Holdings cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, the ability to recognize the anticipated benefits of the Business Combination, costs related to the Business Combination, the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination, the outcome of any potential litigation, government or regulatory proceedings, and other risks and uncertainties, including those to be included under the heading 'Risk Factors' in the definitive proxy statement/prospectus mailed to BNIX stockholders, and those included under the heading 'Risk Factors' in the annual report on Form 10-K for the fiscal year ended December 31, 2024, of BNIX and in its subsequent quarterly reports on Form 10-Q and other filings with the SEC. There may be additional risks that BNIX, VisionWave Technologies and VisionWave Holdings presently do not know or that the parties currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of BNIX, VisionWave Technologies and VisionWave Holdings as of the date of this press release. Subsequent events and developments may cause those views to change. However, while BNIX, VisionWave Technologies and VisionWave Holdings may update these forward-looking statements in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of BNIX, VisionWave Technologies and VisionWave Holdings as of any date subsequent to the date of this press release. Except as may be required by law, BNIX, VisionWave Technologies and VisionWave Holdings do not undertake any duty to update these forward-looking statements. For more information, visit: Investor Contact: investors@ Logo – View original content:
The Sun
2 days ago
- The Sun
Air Canada strike: CEO cites big gap in pay offer vs union demands
MONTREAL: Air Canada's CEO on Monday defended the airline's offer of a 38% boost in compensation to striking flight attendants but said there was a big gap compared to the union's demand and did not offer a path to return to negotiations. CEO Mike Rousseau's comments to Reuters followed the striking union's refusal of a federal labor board's order to return to work. That refusal has created a three-way standoff between the company, workers, and the government, and raised the stakes in a battle that has disrupted flights for hundreds of thousands of travelers during tourist season. Canada's Jobs Minister Patty Hajdu told CBC's 'Power and Politics' on Monday afternoon that nothing prevents the two sides from returning to the table and negotiating an agreement, adding they could also opt for mediation. Flight attendants want higher wages and to be paid for time spent boarding passengers and other duties on the ground. 'At this point in time, the union's proposals are much higher than the 40%. And so we need to find a path to bridge that gap,' Rousseau said, without suggesting what that process would be. 'We're always open to listen and have a conversation,' he said. A leader of the union on strike against Air Canada said on Monday he would risk jail time rather than allow cabin crews to be forced back to work by a federal labor board. Rousseau said he was amazed the union was not following the law. The Canadian Union of Public Employees said the strike would continue until the carrier negotiates on wages and unpaid work, even after the Canada Industrial Relations Board (CIRB) declared the strike unlawful. 'If it means folks like me going to jail, then so be it. If it means our union being fined, then so be it. We're looking for a solution here,' said Mark Hancock, CUPE national president, at a press conference after a deadline by the board to return to work expired with no union action to end the strike. The union has said Air Canada's offer only accounts for 17.2% higher wages over four years. Canadian Prime Minister Mark Carney pleaded for a resolution. A domestic tourism boom has helped limit the economic damage from tariffs imposed by Canada's biggest trade partner, the United States, and Air Canada is the country's biggest carrier. 'We are in a situation where literally hundreds of thousands of Canadians and visitors to our country are being disrupted by this action,' Carney told reporters in Ottawa. 'I urge both parties to resolve this as quickly as possible.' Hancock said the union has not heard from the jobs minister or Air Canada since Friday. The third day of a strike by more than 10,000 flight attendants has stranded passengers and led Air Canada to suspend its third-quarter and full-year 2025 guidance, sending shares down nearly 3%. The airline has earned lower profit due to fewer bookings to the United States. The carrier normally carries 130,000 people daily and is part of the global Star Alliance of airlines. Michael Lynk, professor emeritus of law at Western University in London, Ontario, said there are provisions in the Canada Labour Code that give the board and the court the right to issue fines and sanctions against the union and against individual workers. UNPAID WORK Crew are mostly paid when planes are moving, sparking demands by unions in the U.S. and Canada to change the model, and generating some vocal support from passengers on social media. While passengers have largely expressed support for the flight attendants, some are growing weary of the uncertainty. Danna Wu, 35, said she and her husband will have no choice but to drive from Winnipeg to Vancouver if the strike persists for a visa appointment. Although she believes Air Canada should pay its attendants more, the University of Manitoba master's student added, 'It's not responsible to strike and leave thousands of passengers in such chaos.' Air Canada's demands on unpaid work follow gains recently won by flight attendants in the United States. New labor agreements at American Airlines and Alaska Airlines legally require carriers to start the clock for paying flight attendants when passengers are boarding. The government's options to force an end to the strike include asking courts to enforce the order to return to work and seeking an expedited hearing. The minority government could also try to pass legislation that would need the support of political rivals and approval in both houses of parliament, which are on break until September 15, but has so far been cautious. 'The government will be very reticent to be too heavy-handed because in Canada, the Supreme Court has ruled that governments have to be very careful when they take away the right to strike, even for public sector workers that may be deemed essential,' said Dionne Pohler, a professor of dispute resolution at Cornell University. The previous Canadian government intervened last year to head off rail and dock strikes that threatened to cripple the economy, but it is highly unusual for a union to defy a CIRB order. 'If you're going to fine us or you're going to try and take us on financially, then you can take us to court, and we can see where that plays out,' said Hancock. - Reuters
The Sun
2 days ago
- The Sun
Air Canada CEO 'amazed' by union's strike defiance amid flight chaos
CHICAGO/MONTREAL: Air Canada CEO Mike Rousseau said on Monday the airline was 'amazed' by the decision of its flight attendants' union to defy an order by the Canada Industrial Relations Board, which has declared the union's strike unlawful. The Canadian Union of Public Employees has said the strike would continue until the carrier negotiates on wages and unpaid work. The union's move surprised investors and raised the stakes in a battle that has disrupted flights for hundreds of thousands of travelers during tourist season. In an interview with Reuters, Rousseau blamed the impasse on a gap between the airline's offer and its union's demands, but did not share any plans to break the deadlock. When asked if he was willing to sweeten the offer, Rousseau said while the company was 'open to listen and have a conversation,' he backed the company's offer for a 38% total compensation increase over four years. 'That's a good offer from our perspective,' Rousseau said. 'And it addresses many of the issues that we talk about, if not all the issues.' He urged the striking flight attendants to return to work, saying the strike was 'illegal' and harming the airline's customers and brand. Earlier on Monday, the company suspended its third-quarter and full-year 2025 guidance, citing the labor disruption. 'We're still amazed by the fact that CUPE is openly not following the law,' Rousseau said. 'And that is very disappointing from our perspective.' Air Canada shares closed down 3%. BELOW MINIMUM WAGE The union has said Air Canada's offer only accounts for 17.2% in higher wages over four years, leaving its younger, entry-level workers struggling against inflation. An entry-level Air Canada flight attendant working full-time earns C$1,952 ($1,414.60) per month before taxes, which is 30% lower than that of a worker earning federal minimum wage, according to union data. Even with the airline's proposal, the attendant's earnings would remain below minimum wage, the union says. Rousseau, however, said the company's offer would 'go a long way' in addressing those issues. Air Canada accounts for about 48% of capacity on domestic routes and is the only Canadian carrier with an extensive international network in 65 countries, Cirium data shows. The third day of a strike by more than 10,000 flight attendants has stranded passengers of the airline, which normally carries 130,000 people daily and is part of the global Star Alliance of airlines. Rousseau said the carrier wanted to resume service as soon as possible, but stressed it needed 'the flight attendants to show up.' Once cabin crews return to work, it would take the airline up to 10 days to fully restore operations, he added. He said the airline would take care of flight attendants who traveled abroad ahead of the strike and now face difficulties returning. 'We'll have to find a way to repatriate them back to Canada in due course,' Rousseau said. Analysts at TD Cowen have urged the company to extend an 'olive branch' to the union to end the impasse, adding it was frustrating shareholders. Rousseau stressed he was the right person to lead the company through the labor dispute. 'I do think that the current structure, the current team members, are the right ones to take this company to the next level,' Rousseau said. ($1 = 1.3799 Canadian dollars) - Reuters
