Telefonica Eyes Defense Contracts with NATO and EU Allies
The Madrid-based carrier, which supplies network infrastructure to the Spanish army and security forces, can sell its capabilities to 'allied countries, whether within the European Union, within NATO or beyond,' Executive Chairman Marc Murtra said in an interview Wednesday.
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15 minutes ago
- Yahoo
Sibanye Stillwater Limited (SBSW): A Bull Case Theory
We came across a bullish thesis on Sibanye Stillwater Limited on by walter99. In this article, we will summarize the bulls' thesis on SBSW. Sibanye Stillwater Limited's share was trading at $9.24 as of July 25th. SBSW's trailing and forward P/E were 4.67 and 10.94, respectively according to Yahoo Finance. A mine entrance, showcasing the precious metals and minerals that this company produces. Sibanye-Stillwater (SBSW), a major producer of platinum group metals (PGMs)—platinum, palladium, and rhodium—offers a leveraged play on a sector where years of underinvestment and misjudged demand forecasts have created the setup for an extended upcycle. PGMs are essential for automotive catalysts and jewelry, with catalytic converters alone accounting for 43% of platinum and 84% of palladium demand. Market pessimism has been fueled by overestimates of battery electric vehicle (BEV) penetration, but BEV sales growth in the U.S. and Europe flatlined in 2024, suggesting that internal combustion engine and hybrid vehicle demand—and thus PGM demand—will remain resilient. Supply is structurally constrained: South African PGM miners underspent by ~$18 billion over the last decade, 40% of global supply operates at or below cash costs, and production is forecast to decline through 2029. With long lead times for new supply, a persistent deficit projected by the World Platinum Investment Council, and palladium in deficit until at least 2028, any uptick in demand can drive a sharp price response. Recycling, a secondary supply source, remains depressed post-COVID, adding to market tightness. SBSW's profits, crushed by low PGM prices in 2024, have substantial torque to higher prices, as shown in 2020–2021 when the stock hit $20 on elevated metal prices. Today, at $7, platinum's rebound to $1,250 suggests early signs of a cyclical turn. Risks include economic weakness, faster BEV adoption, and rising recycling supply, but with constrained production, a decade of underinvestment, and platinum already rallying, SBSW presents asymmetric upside if PGM prices sustain an upcycle. Previously, we covered a on Sibanye Stillwater Limited (SBSW) by Hugo Navarro in February 2025, highlighting its diversified asset base in PGMs, gold, lithium, and recycling, with growth levers despite weak PGM prices. The stock has appreciated by about 130% as PGM prices rebounded. The thesis still stands, and Walter99 shares a similar view but emphasizes SBSW's leverage to a sustained PGM upcycle. Sibanye Stillwater Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 20 hedge fund portfolios held SBSW at the end of the first quarter which was 18 in the previous quarter. While we acknowledge the potential of SBSW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. 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
Associated Press
18 minutes ago
- Associated Press
Brewery-Inspired Scalable CO2 Liquefaction Solves Missing Link for Carbon Capture Startups
From Craft Beer to Climate Solutions: Kim Dalum's Scalable Brewery-Inspired CO2 Liquefaction Solves Missing Link for Carbon Capture Startups. 'It's been a rewarding experience working with some of the brightest pioneers and innovators in the carbon capture industry to help them solve this ongoing challenge of processing and liquefying CO2.'— Kim Dalum SøNDERSø, DENMARK, August 4, 2025 / / -- The fight against climate change demands innovative solutions, and sometimes, the most impactful advancements emerge from unexpected places. DALUM Beverage Equipment, a Danish startup initially focused on CO2 recovery within the craft brewing industry and is now proving to be a critical enabler for broader carbon capture and direct air capture (DAC) initiatives, thanks to its pioneering and cost-effective CO2 liquefaction technology. Founded by veteran engineer Kim Dalum, a recognized expert in CO2 processing, DALUM Beverage Equipment developed a patented solution allowing craft breweries and distilleries to recover, purify, and liquefy CO2 produced during fermentation for reuse or sale. This process is a significant 'low-hanging fruit' for carbon avoidance, given that fermentation CO2 boasts over 97% purity, a stark contrast to the mere ~12% purity typically found in industrial flue gases. The potential impact within the beverage sector alone is substantial. With 22 million barrels of craft beer produced globally each year, there's a potential to recover 80,000 metric tons of CO2 annually, at an estimated cost of just €70 per ton. A prime example of this success is Stewart Brewing in Scotland, which not only reuses its recovered CO2 but also sells the excess, turning a waste product into a valuable revenue stream. Beyond breweries, distilleries represent another largely untapped source of biogenic CO2. 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Kim Dalum elaborates, 'It's been a rewarding experience working with some of the brightest pioneers and innovators in the carbon capture industry to help them solve this ongoing challenge of processing and liquefying CO2 – no single project is the same and very much experimental in nature.' This is where DALUM's specialized expertise shines. Kim Dalum's background as the former CEO of Union Engineering (now owned by Pentair), a leading manufacturer of industrial CO2 recovery plants, provides an unparalleled foundation in gas processing. DALUM has leveraged this experience to design custom liquefaction solutions capable of purifying CO2 with purity as low as 70% coming from flue gas at a project with the environmental technology company ESTECH in Denmark at the municipality of Odense. Another project Kim Dalum personally was involved in, is in Germany, an innovative DAC project led by DACMA and Karlsruhe Institute of Technology (KIT). Crucially, DALUM's plants are designed for accessibility. Starting at €44,000, for their smallest size, a 5kg/hr unit, they arrive fully assembled and are remarkably compact – about the size of a phone booth. This makes them an attractive proposition for startups that need efficient, scalable, and readily deployable liquefaction capabilities without significant upfront infrastructure investment. To date, DALUM has sold ten plants to carbon capture and DAC customers ranging in capacities from 5kg per hour of CO2 to 30kg+ per hour, demonstrating the versatility of their technology, with some units customized for lower purity CO2 streams and others being standard models. By providing this essential 'last mile' solution, DALUM enables carbon capture and DAC startups to focus on their core capture technologies, accelerating the deployment of crucial climate solutions. DALUM Beverage Equipment's evolution from a niche beverage industry supplier to a pivotal player in the broader carbon capture ecosystem highlights the interconnectedness of sustainable practices across industries. Their innovative approach to CO2 liquefaction is not just optimizing brewing; it's helping to unlock the potential of a truly circular carbon economy. About Dalum Equipment DALUM Equipment based in Denmark and Wisconsin, USA was founded by Kim Dalum, PhD. Dalum's mission is to make a significant contribution to the reduction of global CO2 emissions in the craft brewing market and beyond. Kelly Fetherolf Dalum Beverage Equipment +1 818-391-7544 email us here Visit us on social media: LinkedIn Instagram Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
18 minutes ago
- Associated Press
EU Awards €1.5M Grant to AIxBlock, With €61.5M More in the Pipeline
EU backs AIxBlock's mission to decentralize AI development and automate infrastructure workflows—starting with a €1.5M grant and €61.5M in non-dilutive funding pipeline CALIFORNIA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- In a significant show of institutional support, AIxBlock, a decentralized AI tech startup in the Bay Area, has secured a €1.5 million innovation grant from the European Union, alongside with up to €61.5 million in 2 additional grants pre-approved to support its long-term expansion across Europe. The backing positions AIxBlock as a frontrunner in a fast-emerging category: decentralized, automation-first AI infrastructure. The move signals growing European interest in infrastructure that empowers open, decentralized, community-driven platforms—not just hyperscalers—to play a leading role in the AI ecosystem. A Regulatory-Ready Alternative to Centralized AI Infrastructure AIxBlock's €1.5M secured grant comes with zero dilution (with onboarding (KYC) underway prior to fund disbursement), allowing the company to deepen its technology footprint in the EU while preserving ownership and control. The €61.5M in pre-approved funding of 2 other grants will include support for building a physical decentralized GPU network, leveraging underutilized data centers in the region to offer scalable, eco-aligned compute infrastructure in future phases. What AIxBlock Builds AIxBlock is a full-stack platform for end-to-end AI development and workflow automation. It allows startups, agencies, and enterprises to: The platform is designed to give builders full ownership of their infrastructure stack—without vendor lock-in—and to make AI development and automation more affordable, modular, and decentralized. Open Source with Long-Term Contributor Incentives AIxBlock is built with an open-source foundation and invites the global developer and AI community to contribute. Those who participate in improving the platform—whether through code, infrastructure, validation, or ecosystem support—will be eligible for long-term revenue and benefit sharing, proportionate to the value and level of their contribution. This model ensures that core contributors, infrastructure providers, and validators are aligned with the platform's long-term success, with transparent tracking of input and rewards over time. Blockchain as a Coordination and Incentive Layer Blockchain technology plays a critical role in AIxBlock's architecture, serving as the underlying layer for transparency, incentive distribution, and coordination across its decentralized ecosystem. It powers: Scaling Through EU Infrastructure, Responsibly A key part of AIxBlock's roadmap involves tapping into the EU's large base of underutilized data centers to deploy its decentralized GPU network. This expansion is planned for future phases supported by the broader grant pipeline, reflecting a strategy rooted in efficiency, sustainability, and digital sovereignty. By revitalizing existing infrastructure rather than building from scratch, AIxBlock aims to deliver scalable compute capacity while minimizing both environmental impact and geopolitical dependence. Quiet Execution, Long-Term Vision Without any paid marketing since MVP, AIxBlock has already onboarded over 12,000 users organically and secured some enterprise clients who are deploying large-scale model development workflows on the platform. The team continues to focus on expanding core capabilities and preparing for the next wave of infrastructure activation across the EU. As regulators, enterprises, and builders begin to question the scalability and transparency of centralized AI pipelines, platforms like AIxBlock offer an emerging alternative—designed for compliance, customization, and control. Strategic Positioning for Market Leadership With EU support secured and a substantial funding pipeline in place, AIxBlock has built both the credibility and resources to scale with confidence. Its ability to win institutional grants—combined with growing demand for decentralized infrastructure—makes it a compelling partner for strategic investors and ecosystem collaborators. The convergence of AI infrastructure demand and decentralized technology adoption presents a generational opportunity. EU backing provides the regulatory confidence that institutional investors and enterprise clients increasingly seek when evaluating infrastructure plays. As the decentralized AI landscape matures, platforms with public-sector backing, proven technology, and execution capital will be best positioned to lead. AIxBlock's current standing—anchored by confirmed funding, a pre-approved pipeline, and a clear expansion roadmap—signals its emergence as a serious contender in the global AI infrastructure race. Building the AI Operating Layer for Europe With institutional trust, a clear multi-stage public funding pipeline, and a differentiated approach to AI infrastructure, AIxBlock is positioning itself as a critical operating layer for the next era of enterprise and open-source AI development. At a time when developers are demanding more freedom, privacy regulations are tightening, and the cost of compute is rising, AIxBlock offers a new model: Decentralize the resources. Automate the workflows. Reward the community. Build locally, scale globally. About AIxBlock AIxBlock is a next-generation AI infrastructure platform built for developers, startups, and enterprises to build, fine-tune, and deploy AI models with unmatched flexibility and cost efficiency. Combining decentralized GPU resources, end-to-end AI development tools, and workflow automation, AIxBlock eliminates vendor lock-in and reduces compute costs by up to 90%. The platform offers a full-stack, automation-first environment—from data collection and labeling to model training, deployment, and integration with external apps—powered by a decentralized marketplace of models and compute providers. With institutional funding from the European Union (€1.5M Secured) and a roadmap to activate €61.5M more in non-dilutive grants, AIxBlock is building the AI operating layer for Europe and beyond. Website | X | Telegram Contact: Lee Ng [email protected] Disclaimer: This content is provided by AIxBlock. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. 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