Latest news with #MESH
Yahoo
15-05-2025
- Business
- Yahoo
Cyberlux Corporation Reports Q1 2025 Results: Strategic Advancements in UAS, Communications, and Global Services
Company reports $5.1 million in revenue, $45 million backlog, product breakthroughs, and expanded partnerships across defense sectors RESEARCH TRIANGLE PARK, N.C., May 15, 2025--(BUSINESS WIRE)--Cyberlux Corporation (OTC: CYBL), a leader in defense technology, unmanned systems, and integrated military communications, today announced financial results and strategic highlights for the first quarter ended March 31, 2025. The company reported $5.1 million in revenue, a robust contract backlog of $45 million, major technical milestones, and continued expansion across its defense-focused operating divisions. "During SOF Week 2025, Cyberlux UAS completed the development of two new Group 1 rotary-wing unmanned aircraft systems, including a heavy-lift platform engineered for the U.S. Special Operations community," said Mark Schmidt, CEO of Cyberlux Corporation. "These advanced drones deliver increased endurance, heavier payload capacity, and optimized performance in dense electronic warfare (EW) environments—precisely the edge capabilities our warfighters require." Product & Partnership Milestones in Q1 2025 Strategic Partnership with TrellisWare Technologies, Inc. – Cyberlux UAS and TrellisWare formed a key integration agreement to embed TrellisWare's low-latency, anti-jam waveform into Cyberlux's newest UAS platforms. This advancement enables First Person View (FPV) operations in contested electromagnetic environments, a critical capability for modern battlefield scenarios. Advanced Autonomy with OKSI – Cyberlux initiated a strategic partnership with Optical Knowledge Systems, Inc. (OKSI) to integrate its OMNISCIENCE™ autonomy suite, enabling autonomous navigation and target acquisition in GPS- and RF-denied environments. Datron Military Communications Expansion – The Datron team launched a new family of MESH/MANET radio systems for high-speed data delivery at the tactical edge. These systems, available in body-worn, base station, and OEM board formats, are built for integration into UAS, ISR sensors, autonomous ground vehicles, and other advanced platforms. GIS Program Growth – The Global Integration Services (GIS) team expanded its Foreign Military Sales (FMS) border security programs to include three additional U.S. allies, bringing the total to seven partner nations in the Middle East and Africa. Funding decisions for these programs are expected in Q4 2025. "Our Q1 performance underscores Cyberlux's rapid advancement across unmanned systems, tactical communications, and global integration," said Schmidt. "With a $45 million backlog and strategic programs ramping, we're entering the second quarter positioned for accelerated growth and major execution milestones." Q1 2025 Financial Highlights Total revenue of $5.1 million, reflecting active contract delivery and operational execution. Operating loss narrowed by $2.5 million, from a $4.2 million loss in Q1 2024 to a $1.7 million loss in Q1 2025, driven by improved margins and cost optimization. $5.7 million in cash and accounts receivable on the balance sheet at quarter-end. Finalized a key drone contract modification, positioning the company for significant revenue acceleration in Q2 and beyond. Total contract backlog reached $45 million, reflecting robust demand Review the latest release here: About Cyberlux Corporation Cyberlux Corporation (OTC: CYBL) is an advanced technology platform delivering disruptive innovation in unmanned aerial systems (UAS), secure communications, and Global Integration Services (GIS). Headquartered in Research Triangle Park, NC, Cyberlux powers mission-critical capabilities for U.S. and allied defense and government partners worldwide. For more information, visit SAFE HARBOR STATEMENT This Press Release may contain forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's OTC/SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. View source version on Contacts For media inquiries, please contact:Email: ir_cybl@ | Phone: (984) 363-6894 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
Arab News
28-03-2025
- Health
- Arab News
MESH Core Riyadh 2025 conference to unlock healthcare innovation
RIYADH: MESH Core Riyadh 2025, a specialized conference and training program in healthcare innovation, will be held on April 14–15 at the InterContinental in Riyadh under the patronage of Saudi Education Minister Yousef Al-Benyan. The event will bring together leading minds from the Kingdom and around the world to develop innovation skills in the healthcare sector. It features a training program and a conference presented by the U.S.-based Mass General Brigham group, aimed at empowering practitioners and enthusiasts to come up with innovative and effective solutions for the future of healthcare. Over the course of two days, participants will engage in hands-on training, expert-led discussions, and exclusive networking opportunities. MESH Core provides participants with essential knowledge across key innovation domains, along with real-world insights from global and regional healthcare pioneers. The event is expected to inspire groundbreaking advancements in the healthcare industry. The MESH innovation incubator was established in 2016 as an internal entrepreneurship accelerator within Mass General Brigham in collaboration with Harvard Medical School. It is the first incubator of its kind integrated within a hospital system, with a physical space dedicated to fostering innovation. Since its inception, MESH has supported more than 2,500 physicians and researchers through development projects, patents, startup creation, and specialized innovation education programs. The conference is organized in partnership with NEOM, the King Saud University, and the King Faisal Specialist Hospital and Research Centre. KFSHRC's partnership in hosting the event reinforces its dedication to advancing healthcare research, innovation, and global collaboration. With Saudi Arabia positioning itself as a leader in medical and technological advancements, this event will serve as a key platform for industry experts and visionaries to exchange ideas, foster new partnerships, and accelerate the region's healthcare evolution. KFSHRC has invited researchers, innovators, entrepreneurs, students, and healthcare enthusiasts to participate in the event. Those wishing to attend can register early via the link: Attendees can participate in interactive workshops, startup pitch sessions, and strategic discussions on the future of healthcare investment and technological transformation. MESH Core Riyadh 2025 is designed for physicians, researchers, investors, startups, executives, and students, offering participants unprecedented access to the latest advancements in digital health, artificial intelligence in medicine, biotechnology, and healthcare entrepreneurship.
Mid East Info
26-03-2025
- Health
- Mid East Info
Riyadh to Host MESH Core 2025 Under the Patronage of The Minister of Education - Middle East Business News and Information
Under the patronage of His Excellency the Minister of Education, Mr. Yousef Al-Benyan, the MESH Core Riyadh Conference for Innovation in Healthcare (MESH Core Riyadh 2025) will be held on April 14–15 at the InterContinental Riyadh Hotel. The event will bring together leading minds from the Kingdom and around the world to develop innovation skills in the healthcare sector. It includes a training program and a conference presented by the U.S.-based Mass General Brigham group, aimed at empowering practitioners and enthusiasts to innovate effective solutions for the future of healthcare. The MESH™ innovation incubator was established in 2016 as an internal entrepreneurship accelerator within Mass General Brigham, in collaboration with Harvard Medical School. It is the first incubator of its kind integrated within a hospital system, with a physical space dedicated to fostering innovation. Since its inception, MESH has supported more than 2,500 physicians and researchers through development projects, patents, startup creation, and specialized innovation education programs. MESH is also responsible for organizing the MESH Core Conference—an accredited annual conference and training program now held in multiple locations worldwide. The event is organized in partnership with NEOM, King Saud University, and King Faisal Specialist Hospital and Research Centre. It features an intensive two-day experience combining hands-on training, expert-led discussions, and exclusive networking opportunities. Participants will gain essential knowledge in key areas of innovation, along with real-world insights from global and regional healthcare leaders. The event is expected to stimulate groundbreaking developments in the healthcare sector. MESH Core Riyadh 2025 is designed for physicians, researchers, investors, startups, executives, and students, offering participants unprecedented access to the latest advancements in digital health, artificial intelligence in medicine, biotechnology, and healthcare entrepreneurship. It also provides various opportunities to take part in startup pitch sessions, and strategic discussions on the future of investment and technological transformation in the sector. Organizers invite professionals, researchers, innovators, entrepreneurs, students, and those interested in the healthcare field to participate in the event.
Zawya
26-03-2025
- Health
- Zawya
Riyadh to host MESH Core 2025 under the patronage of the Minister of Education
Riyadh: Under the patronage of His Excellency the Minister of Education, Mr. Yousef Al-Benyan, the MESH Core Riyadh Conference for Innovation in Healthcare (MESH Core Riyadh 2025) will be held on April 14–15 at the InterContinental Riyadh Hotel. The event will bring together leading minds from the Kingdom and around the world to develop innovation skills in the healthcare sector. It includes a training program and a conference presented by the U.S.-based Mass General Brigham group, aimed at empowering practitioners and enthusiasts to innovate effective solutions for the future of healthcare. The MESH™ innovation incubator was established in 2016 as an internal entrepreneurship accelerator within Mass General Brigham, in collaboration with Harvard Medical School. It is the first incubator of its kind integrated within a hospital system, with a physical space dedicated to fostering innovation. Since its inception, MESH has supported more than 2,500 physicians and researchers through development projects, patents, startup creation, and specialized innovation education programs. MESH is also responsible for organizing the MESH Core Conference—an accredited annual conference and training program now held in multiple locations worldwide. The event is organized in partnership with NEOM, King Saud University, and King Faisal Specialist Hospital and Research Centre. It features an intensive two-day experience combining hands-on training, expert-led discussions, and exclusive networking opportunities. Participants will gain essential knowledge in key areas of innovation, along with real-world insights from global and regional healthcare leaders. The event is expected to stimulate groundbreaking developments in the healthcare sector. MESH Core Riyadh 2025 is designed for physicians, researchers, investors, startups, executives, and students, offering participants unprecedented access to the latest advancements in digital health, artificial intelligence in medicine, biotechnology, and healthcare entrepreneurship. It also provides various opportunities to take part in startup pitch sessions, and strategic discussions on the future of investment and technological transformation in the sector. Organizers invite professionals, researchers, innovators, entrepreneurs, students, and those interested in the healthcare field to participate in the event.
Zawya
25-03-2025
- Health
- Zawya
KFSHRC invites healthcare innovators to join MESH Core Riyadh 2025
Riyadh: King Faisal Specialist Hospital & Research Centre (KFSHRC) is proud to host MESH Core Riyadh 2025, a specialized conference and training program in healthcare innovation presented by Mass General Brigham, on April 14–15, 2025, at the Intercontinental Hotel in Riyadh. Held under the patronage of His Excellency Mr. Yousef Al-Benyan, Minister of Education of the Kingdom of Saudi Arabia, the event will bring together leading minds from Saudi Arabia and around the world to develop innovation skills in this vital sector. Over the course of two intensive days, participants will engage in hands-on training, expert-led discussions, and exclusive networking opportunities. MESH Core, the official award-winning innovation program, provides participants with essential knowledge across key innovation domains, along with real-world insights from global and regional healthcare pioneers. The event is expected to inspire groundbreaking advancements in the healthcare industry. Designed for physicians, researchers, investors, startups, executives, and students, MESH Core Riyadh 2025 will offer unparalleled access to the latest developments in digital health, artificial intelligence in medicine, biotechnology, and healthcare entrepreneurship. Attendees can participate in interactive workshops, startup pitch sessions, and strategic discussions on the future of healthcare investment and technological transformation. Headquartered in Boston, Massachusetts, USA, Mass General Brigham is an integrated academic healthcare system founded by Massachusetts General Hospital and Brigham and Women's Hospital. The system includes five Harvard-affiliated teaching hospitals and spans the full spectrum of healthcare—from prestigious academic medical centers to local community hospitals and home care services. Established in 2016, the MESH Incubator™ is Mass General Brigham's in-house entrepreneurship accelerator, integrated with Harvard Medical School. It is the first incubator of its kind embedded within a hospital system, with a dedicated physical space to foster innovation. Since its inception, MESH has supported over 2,500 clinicians and researchers through projects, patents, company formation, and innovation education. MESH also operates MESH Core, Mass General Brigham's official certificate Healthcare Innovation Bootcamp and annual conference, now hosted on-site across multiple continents. KFSHRC is honoured to sponsor and host this transformative event in collaboration with NEOM and King Saud University, reinforcing its dedication to advancing healthcare research, innovation, and global collaboration. With Saudi Arabia positioning itself as a leader in medical and technological advancements, this event will serve as a key platform for industry experts and visionaries to exchange ideas, foster new partnerships, and accelerate the region's healthcare evolution. MESH Core Riyadh 2025 will take place at the King Faisal Hall at the Riyadh Intercontinental Hotel on April 14 and 15. Attendees are encouraged to register early to secure their place at this exclusive gathering. please visit: KFSHRC has achieved remarkable recognition, ranking first in the Middle East and Africa and 15th globally on the list of the world's top 250 Academic Medical Centres for the third consecutive year. It has also been named the most valuable healthcare brand in both the Kingdom and the Middle East, according to the 2025 Brand Finance rankings. Furthermore, in the same year, KFSHRC was recognised among the world's top 250 hospitals and included in Newsweek magazine's 2025 list of the World's Best Smart Hospitals. For more information, please visit or contact our media team at mediacoverage@
