Latest news with #Ascent
Business Wire
12 hours ago
- Business
- Business Wire
AgentSmyth Raises $8.7M Seed Round From FinTech Collective, Thomson Reuters and Others to Scale Autonomous Agent Platform for Trading and Investment
NEW YORK--(BUSINESS WIRE)--AgentSmyth, the autonomous agent platform for trading and investment delivering real-time, institutional-grade intelligence to professional traders, has closed an $8.7 million Seed round, co-led by FinTech Collective and Thomson Reuters, with BNY joining through its Ascent fintech-innovation program. The new capital brings the company's total funding to $11.2 million, including a $2.5 million pre-seed led by Michael Rafferty, president and CEO of Rafferty Holdings, who also participated in the current round. In less than 12 months, AgentSmyth has been deployed by 48 institutional customers including banks, hedge funds, and asset-management firms with client assets of $2 billion - $50 billion. AgentSmyth leverages AI-generated equities market intelligence, research and insights – all delivered by a team of five autonomous agents capturing real-time macro data, investor sentiment, quantitative analysis, options activity, and corporate earnings. AgentSmyth's speed, accuracy and insights are particularly valuable in today's diverse and volatile markets, making this technology one of the most powerful tools available to institutional investors. 'We're thrilled to have a syndicate of investors who don't just share our vision—they're betting on it,' said Pulkit Jaiswal, co-founder and CEO of AgentSmyth. 'Investment research is becoming a commodity; the real edge is turning that raw insight into basis-point-generating trades. Competitors might find the paragraph—AgentSmyth tells you how to trade it. The platform has already been rolled out on the trading floors of some of Wall Street's largest institutions. This round lets us accelerate adoption and ship the next wave of fully autonomous, trade-ready agents.' 'The first time Pulkit walked us through their agent stack, it was obvious this was more than another AI plugin—it's the missing link between market data and trade execution,' said Brooks Gibbins, co-founder of FinTech Collective. 'We've backed fintech founders around the world since 2012, and AgentSmyth stands out for pairing deep capital-markets DNA with production-ready AI. It's already changing how desks make money, and we're thrilled to help scale that impact.' 'Thomson Reuters Ventures invests in innovative companies that align with our strategic objectives and the markets we serve. In the financial services sector, AI is rapidly transforming institutional investment analysis. The use of AI to generate trade ideas, stay up to date with company coverage, and analyze investment data is no longer optional. AgentSmyth has developed a transformational agentic AI platform that incorporates over 100 data sets streaming in real-time and performs institutional-grade investment analysis using a variety of different investment disciplines,' said Tamara Steffens, Managing Director, Thomson Reuters Ventures. 'We are thrilled to be partnering with this highly talented and experienced team.' In addition to the Seed financing, AgentSmyth has joined BNY's Ascent Program, which was established to facilitate innovation and collaboration with the fintech ecosystem and its emerging leaders. Through the program, AgentSmyth will collaborate with BNY on refining the autonomous-agent platform and its adoption across institutional desks. Other investors include Binnacle Financial Group; Systemic Ventures; Scott Friedman, former President, Chief Compliance Officer and founding team member at Robinhood; Jason Halbert, a doctoral-level behavioral scientist and former U.S. Army special-operations officer who helped scale Snapchat from 40 employees to 10,000 and through its IPO; and Will Mayer and Alyssa Bonanno of Better Half, who also serve as AgentSmyth's brand partners, bringing experience from category-defining brands such as Bilt Rewards and Equinox. About AgentSmyth AgentSmyth is an autonomous agent platform for trading and investment that rapidly produces the most current institutional-grade intelligence essential to professional traders. The company is headquartered in New York City. For more information, visit AgentSmyth is a registered investment advisory (See: FINRA registered.
Time of India
3 days ago
- Business
- Time of India
3 tech majors to set up units on 120 acres, invest 4k cr off eway
Noida: Yamuna Expressway Industrial Development Authority (YEIDA) has issued letters of intent to three companies for setting up manufacturing units near the upcoming Noida International Airport, marking a combined investment of around Rs 4,000 crore. Tired of too many ads? go ad free now Two of these companies will be allotted land in the upcoming Electronics Manufacturing Cluster (EMC) 2.0 in Sector 10, which spans 206 acres. Ascent-K Circuit will receive 16 acres to manufacture high-end printed circuit boards (PCBs), including HDI, flex, multilayer types, and semiconductor substrates, while Aurionpro ToshiAutomatic Systems, which specialises in industrial automation and smart transit and mobility solutions, will be allotted five acres as a member of a Special Purpose Vehicle (SPV) under the central govt's EMC 2.0 scheme. Both units will be a part of the cluster approved by the ministry of electronics and information technology (MeitY), with Havells India Ltd, the anchor investor, already securing an allotment of 50 acres. The EMC 2.0 project received in-principle approval from MeitY in April this year. Amber Enterprises India Ltd, of which Ascent is a part, will be allotted another 100 acres in Sector 8 to manufacture copper-clad laminates, PCB assemblies, consumer electronics, and home appliances. Amber and Ascent together are expected to invest around Rs 4,000 crore across the two projects. Ascent is also expected to form a joint venture with some Korean firms for the PCB manufacturing venture. YEIDA CEO Arun Vir Singh confirmed that the land allotments are subject to approval by the Invest UP empowered committee and state policy guidelines. "Land acquisition is underway in Sector 8 and the LoI for the 100-acre plot, along with others, is provisional, pending regulatory clearances," he added. Tired of too many ads? go ad free now These companies are the latest in a growing list of firms investing in the YEIDA region near the Noida International Airport. At least eight companies have announced plans to invest nearly Rs 12,000 crore in the region, driven by the dedicated industrial parks and state's FDI and Fortune 500 investment policies. Among those that have already secured land allotments is Fuji Silvertech Concrete Pvt Ltd, an Indo-Japanese joint venture, which is setting up a precast concrete product manufacturing unit on 20 acres in Sector 32. It was the first company to be allotted land under Uttar Pradesh's new FDI policy announced in November 2023. TI Medical Private Limited, a joint venture between the Fortune India 500-listed Tube Investments of India (TII) of the Murugappa Group and Premji Invest, has secured an 11-acre plot in the Medical Device Park in Sector 28. Minda Corporation Limited, in partnership with Korea's Daesung and India's Loconav, has been allotted 22 acres in Sector 24 to produce ignition switches and steering locks for automobiles. Additionally, Minda has proposed a separate project in Sector 10 to manufacture wire harnesses and other automotive components on 10 acres, which has been approved by the state's empowered committee. Vama Sundari Investments Pvt Ltd, part of the HCL Group, is collaborating with Taiwanese electronics major Foxconn to establish a semiconductor manufacturing facility on 48 acres in Sector 28. Escorts, in a joint venture with Japan's Kubota Corporation, plans to build a large tractor manufacturing plant on 200 acres in Sector 10. Another major investment comes from Pine Valley Ventures Pvt Ltd, which aims to set up a readymade garments and accessories unit on a 20-acre plot in Sector 10. Poly Medicure Ltd has also applied for 7 acres in Sector 28's Medical Device Park to set up a medical equipment manufacturing unit.
Geek Culture
3 days ago
- Health
- Geek Culture
Omnidesk Ascent Standing Desk (Black Ash) – Review
If there's anything that the pandemic has taught us, it's that you don't have to be seated at your desk while working. From standing while typing, to walking around while taking a call, to walking on the spot as you reply to emails – more people are learning that a desk and a chair are not always the best combination for every workspace. And those who do so, not seated for eight extended hours at their office or home desk set-ups, will no longer feel the constant back and body aches faced after a long day of work. Indeed, today's health-conscious users demand more than just makeshift desk arrangements like dining tables or even traditional office furniture – they want a desk that's not only sturdy enough to handle even the most complex rigs, but one that can adjust to suit different postures too. That's where smart desks come in, as these flexible workstations are capable of seamlessly switching between sitting and standing positions at the push of a button. And for those looking for the best of the best, Singaporean SME Omnidesk is pulling out all the stops with its Ascent flagship standing desk, providing all the features modern users desire along with notable updates to its Omnidesk Pro lineup. At first glance, the Ascent essentially functions identically to the Pro, inheriting all its major features, like a mechanised self-raising and lowering mechanism that comes with anti-collision, in case the young ones happen to run under an elevated desk, or if there's an obstruction preventing the table from being raised to chest level. The Ascent uses smart detection to absorb impact from above or below and adjust accordingly when faced with obstacles, preventing minor accidents from movable furniture. Coupled with its handy cable management system and cutout on the desktop to flush those unsightly cables, the Ascent can be used to configure any set-up, from multiple screens across the table in your home, to that minimalist centrepiece for your office cubicle. The magic lies in the Ascent's finer details. For starters, it packs in Omnidesk's latest Gen 3 dual motor in its steel frame columns, providing a 60mm/s elevation speed compared to the 43mm/s of the Pro. The desk's maximum adjustable height range also differs slightly, at 63.7 to 127cm over the Pro's 60 to 125cm. Perhaps the Ascent's most obvious visual difference lies in its new OLED controller, featuring not only larger tactile keys for its height adjustment and four programmable memory buttons, but also customisable RGB lighting with six colour settings available. Just like on the Pro, there's also a handy USB-A port located on the side of the controller for easy charging of a user's devices. The changes to its controller aren't just limited to aesthetics, however, as the Ascent now features an integrated Bluetooth app, Omnidesk Life, which can not only adjust the height of the desk remotely with up to nine memory profiles, but also features a bunch of handy features like tracking sitting and standing activity, adjusting the anti-collision feature's sensitivity, or building a custom height limit. These improvements might seem small on the surface, but when spending most of your time sitting or standing behind a desk, having a hands-free way to adjust the height on the fly and quicker adjustment time goes a long way in making the user experience as comfortable and hassle-free as possible. Aesthetics wise, most Omnidesk tables look the same from afar, but up close, you notice how it expertly blends simplicity with functionality, with tabletops of different compositions, crafted from high-grade MDF (medium-density fibre) wood that's not only lightweight but durable to boot, offering a wide range of colourways including black, white, pink and bamboo. For those who desire a more premium finish, Omnidesk also offers its Wildwood collection alongside its new limited edition Black Ash option, a pleasingly clean aesthetic with a distinct wood grain. To suit each individual's work space, the Ascent comes in three sizes: Small (122 x 76cm), Large (153 x 76cm) and XL (183 x 76cm). Using its new Frame-X Technology in its rounded leg frames, the desk remained sturdy even at its maximum height, and can support up to 130kg of weight despite the slim tabletop. To customise the desk for further functionality, Omnidesk also provides optional add-ons like advanced cable management options, mountable power bricks or castors for easy desk adjustment. For those worried about the desk's setup process, Omnidesk promises easy assembly between 15 to 30 minutes, but those who are not confident about building it on their own can always opt for on-site assembly by the Omnidesk team, although this is subject to additional assembly fees. With prices starting at S$1,279 for the regular colourways and S$1,528 for the limited edition Black Ash variant, the Omnidesk Ascent standing desk elevates (pun intended) the already impressive standards set by its predecessors, introducing subtle but effective enhancements for those who want the most out of their smart desk setups. Summary Very much ascending like its namesake, the Omnidesk Ascent marks the next step in the company's innovations, and a worthwhile investment for those looking for a premium standing desk that's equal parts durable and aesthetically pleasing. 9.3/10 Aesthetics - 9/10 Build Quality - 9.5/10 Performance - 9.5/10 Value - 9/10 Geek Satisfaction - 9.5/10 Kevin is a reformed PC Master Race gamer with a penchant for franchise 'duds' like Darksiders III and Dead Space 3 . He has made it his life-long mission to play every single major game release – lest his wallet dies trying. Omnidesk omnidesk ascent Omnidesk Ascent Ash Black Review standing desk
Yahoo
7 days ago
- Business
- Yahoo
Ascent Solar Technologies Signs Master Services Agreement to Provide NOVI Space with Rollable PV Array Blankets for Launch in 2026
THORNTON, Colo., May 27, 2025 (GLOBE NEWSWIRE) -- Ascent Solar Technologies ('Ascent' or the 'Company') (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced the signing of a Master Services Agreement with NOVI Space, Inc. ('NOVI'), a Virginia-based space company that develops and operates AI-powered satellites with their TRL-9 edge computing technology. Ascent has been contracted to provide rollable PV array blankets to NOVI to deliver real-time Earth Observation insights directly from space. NOVI plans to utilize the Company's lightweight, rollable solar technology in their AI edge processing constellation, scheduled for launch in early 2026. As part of the supply agreement, NOVI will provide Ascent with solar array operational performance data from orbit. This allows the Company to rapidly iterate and validate product enhancements for future missions and continue to build upon years of R&D and specialty engineering for products suitable to thrive in the rigors of space. 'Having a high technology readiness level isn't enough assurance for discerning space operators, a challenge that Ascent can uniquely address with our thin-film photovoltaic production solutions,' said Paul Warley, CEO of Ascent Solar Technologies. 'The ability to reliably deliver power on shorter installation timelines removes solar arrays as a barrier to completion for mission schedules, allowing constellations of spacecraft to be completed sooner. Ascent combines both high TRL and MRL with mission-enabling features, helping partners like NOVI to do more, faster and with greater confidence.' Ascent has the capabilities to deliver mission-optimized solar array solutions based on CIGS PV products already developed with spaceflight heritage. Its high-maturity CIGS PV products in manufactured in its 5MW production facility in Thornton, CO enables delivery of arrays in just 6-8 weeks, versus market competition that typically struggles to meet aggressive delivery schedules and strives for 9–12-month lead times. Ascent's recent pair of orders received for spaceflight hardware assemblies are on schedule to be completed and delivered by the Company this summer. 'We are glad to have found a partner in Ascent that is able to provide plug and play arrays for our current bus, enabling NOVI to launch its first set of commercial satellites in Q1 of 2026. We look forward to incorporating Ascent's new, rollable technology into our constellation,' said Scott Steffan, CRO and Co-Founder of NOVI Space, Inc. About Ascent Solar Technologies, Inc. Backed by 40 years of R&D, 15 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in environments where mass, performance, reliability, and resilience matter. Ascent's photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial/commercial construction as well as an extensive range of consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar's research and development center and 5-MW nameplate production facility is in Thornton, Colorado. To learn more, visit About NOVI: NOVI is a Space AI infrastructure and compute company. In addition to providing the space industry with TRL 9, flight-proven OBCs, NOVI is developing and deploying a constellation of multi-sensor edge-processing satellites for EO, coupled to a full-stack data, algorithm, and intelligence management platform named VISTAsat™. This is an innovative space AI marketplace that provides open-access to our growing satellite network, and enables commercial companies, governments and developers to harness real-time space-based sensors, processors and intelligence, further changing the cost paradigm to drive innovation, create new use-cases and redefine how industries leverage EO. Forward-Looking Statements Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" including statements about the financing transaction, our business strategy, and the potential uses of the proceeds from the transaction. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. We have based these forward-looking statements on our current assumptions, expectations, and projections about future events. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "will," "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. No information in this press release should be construed as any indication whatsoever of our future revenues, stock price, or results of operations. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's filings with the Securities and Exchange Commission including those discussed under the heading "Risk Factors" in our most recently filed reports on Forms 10-K and 10-Q. Ascent Solar Media Contact Spencer HerrmannFischTank PRascent@ 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
Yahoo
21-05-2025
- Business
- Yahoo
Ascent AeroSystems and AgEagle Announce Strategic Collaboration to Integrate the RedEdge-P™ Camera with Spirit UAV
Ascent - AgEagle collaboration pairs best-in-class multispectral sensor with rugged, all-weather UAV hardware to advance UAS capabilities in agricultural markets WILMINGTON, Mass., May 21, 2025 (GLOBE NEWSWIRE) -- Today, at AUVSI XPONENTIAL 2025, the premier event for autonomy and uncrewed systems, Ascent AeroSystems, a global leader in the design and manufacture of rugged, compact, high-performance unmanned aerial systems, announces a memorandum of understanding (MOU) with AgEagle (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, to integrate the AgEagle RedEdge-P multispectral camera with its high-performance Spirit coaxial unmanned aerial vehicle (UAV). The RedEdge-P multispectral camera will be the first multispectral solution integrated with Ascent's high-performance, all-weather coaxial UAV platforms. AgEagle CEO Bill Irby commented, 'Providing high quality, insightful, actionable data through our technology is at the core of what we do, and it's why we are collaborating with Ascent AeroSystems. Combining our advanced camera sensor technology with the Spirit platform is a natural fit. Working with manufacturers like Ascent enables us to deliver a new dimension of precision and capability to the agriculture sector.' Under this MOU, the Ascent-AgEagle collaboration will further showcase the payload flexibility and future-proof nature of Ascent's UAV platforms, while also demonstrating AgEagle's ability to work with OEMs on modularity, compatibility, and custom interfaces, to solve mission-critical integration challenges in the agricultural UAV sector. 'The agricultural drone market is expanding, rapidly, and the need for reliable, high-performance, scalable UAS platforms is critical,' said Peter Fuchs, President of Ascent AeroSystems. 'By pairing the rugged, reliable, all-weather design of the Spirit with the precision and efficiency of AgEagle's industry-leading RedEdge-P camera, we are paving the way for further innovation and future growth within the agricultural sector.' About Ascent AeroSystems Founded in 2014, Massachusetts-based Ascent AeroSystems designs and manufactures rugged, coaxial unmanned aerial vehicles for defense, public safety, and industrial markets. Ascent's compact, all-weather, aircraft-grade vehicles feature a unique cylindrical configuration that's more portable, more durable, and offers greater dispatch reliability than conventional multirotors, ideally suited for mission-critical operations in the toughest environments. Acquired in 2024 by Torrance, CA-based Robinson Helicopter Company (RHC), a premier aerospace OEM with 50 years of manufacturing experience, Ascent operates as a wholly owned RHC subsidiary. For more information, visit About AgEagle Through its three Centers of Excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in energy, construction, agriculture, and government verticals. For additional information, please visit our website at Media ContactsAmy Romano 617.845.3185 Andy Woodward+1 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
