Latest news with #MegFlippin
Associated Press
21-05-2025
- Business
- Associated Press
Bitcoin Exposure With The Risk Mitigated Through Calamos Investments Structured ETFs
By Meg Flippin Benzinga DETROIT, MICHIGAN - May 21, 2025 ( NEWMEDIAWIRE ) - Matt Kaufman, senior vice president and head of ETFs at Calamos Investments, was recently a guest on Benzinga's All-Access. Calamos Investments is a 45-year-old risk management firm and one of the largest convertible bond managers in the U.S. The company provides investors with access to convertible securities, alternative funds and a growing number of active and structured outcome ETFs, including what it says is the world's first 100% protected ETFs tied to the S&P 500, Nasdaq 100, Russell 2000 and even Bitcoin. Launched in April, the Calamos Bitcoin Structured Protection ETF is designed to match the positive price return of Bitcoin up to a defined cap while protecting against 100% of losses over a one-year period. Leveraging technology and decades of institutional knowledge, Calamos Investing is aiming to turn the ETF market on its head with this and its other products. Watch the full interview here: Featured Image byTamim TarinonPixabay. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This content was originallypublished on further disclosureshere.
Associated Press
16-05-2025
- Automotive
- Associated Press
Iteris' Vantage PedSafe System Helps Communities Achieve Their Vision Zero Goals
By Meg Flippin Benzinga DETROIT, MICHIGAN - May 16, 2025 ( NEWMEDIAWIRE ) - Blame it on dark roadways, speeding or distractions, but either way the nation has a pedestrian safety issue on its hands. Each year, more than 42,000 people are killed in traffic accidents on American streets and, as of 2022, some 7,500 pedestrians are struck and killed by a motor vehicle. Of those killed, 76% of collisions occurred after sunset. Meanwhile, pedestrian fatalities in lower income areas are nearly double those of other regions around the country. While drunk driving accounts for 43% of the deaths, something technology can't prevent, the majority (57%) are preventable and that's exactly what Iteris Inc. - a global player in intelligent transportation systems, advanced detection sensors and transportation software - is aiming to do with Vantage PedSafe. Vantage PedSafe is the company's advanced pedestrian safety system that is designed to work in all environments, whether it's a low-light crosswalk or busy intersection. The new solution from Iteris combines detection, real-time countermeasures and data analysis into one system that can help communities support the safety of their pedestrians. Vision Zero Argues Accidents Aren't Inevitable It comes at a time when an international effort is underway to eliminate traffic fatalities and severe injuries. Known as Vision Zero, it is a strategy that sees traffic collisions as preventable, not inevitable. It leverages technology, enforcement and education to make the roads, crosswalks and intersections safer for everyone. It involves designing safer roadways and using technology to reduce the severity of crashes and accidents. It's also the main focus of Iteris with its Vantage PedSafe system. Take dark environments for starters. Since many of the pedestrian fatalities happen in low-light crosswalks and intersections, Iteris Vantage PedSafe is a radar-based solution that detects pedestrians and can illuminate an agency's existing signage to create a safer environment for everyone. The radar detects a pedestrian in real time and can automatically illuminate the signage to let the driver know a pedestrian is crossing. It can also alert pedestrians as they are crossing the intersection. The company is currently capable of sending real time information to all connected cars, alerting drivers to a person they may not see if they are wearing dark clothing or the road is not well-lit. The radar system, which works in all lighting and weather conditions, can be installed at crosswalks, intersections and high pedestrian traffic areas such as school crossings. In addition to the radar system, Iteris' pedestrian information is automatically uploaded into the company's ClearGuide analytics program. That can enable users to get a better understanding of what's happening in intersections and what the best counter safety measures are to deploy. In addition to traditional intersections, the company says the same insights can be used at midblock crossings and unmarked crossings where pedestrians are likely to jaywalk. Controlling Traffic Lights With Iteris Pedestrians stuck at a crosswalk when the traffic signal changes is another contributing factor to fatalities. After all, not everyone can get across in the average calculated time; whether it's because of a disability, they have children in tow or are distracted. Iteris attempts to address that problem with its radar system. It sends a real-time message to the traffic signal to delay changing to green until the pedestrian is safely on the curb. Once the pedestrian clears the crosswalk, the traffic light will change to green. What makes this particularly attractive, says Iteris, is that its radar technology can work with all traffic lights on the market. What's more, it doesn't seriously impact the flow of traffic because the red light is only delayed when the slower pedestrians are crossing. Iteris' Vantage PedSafe system can also capture when pedestrians are crossing when they shouldn't be, and send the data to its ClearGuide analytics platform. There it can be leveraged to assess relative risk by comparing real-time traffic volume and speed with different timeframes. It can also identify locations where vehicles consistently exceed speed limits in zones near vulnerable road users (VRUs) such as school zones, giving agencies the data they need to take targeted safety measures such as putting up physical barriers, increasing the number of crossing guards and/or improving sidewalks and pathways connecting schools and neighborhoods. The data can also be used to stagger dismissal times and develop strategic drop off points. Pedestrian traffic deaths are a serious concern. So much so that some communities in the U.S. and other regions are committed to ending it once and for all. Iteris, with its advanced radar Vantage PedSafe system, wants to play a major role in that. To learn more about Iteris and its pedestrian safety technology, click here. Featured image byLevi Meir ClancyonUnsplash This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. This content wasoriginally published on further disclosureshere. View the original release on
Associated Press
15-05-2025
- Business
- Associated Press
HIVE Digital (NASDAQ: HIVE) Says Latest Milestone Puts It Among Fastest-Growing Bitcoin Miners, Expects To Be Among Largest This Year
By Meg Flippin, Benzinga DETROIT, MICHIGAN - May 15, 2025 ( NEWMEDIAWIRE ) - HIVE Digital Ltd. (NASDAQ: HIVE), the data center infrastructure company with a focus on sustainability, achieved a new milestone at its Yguazù facility in Paraguay, surpassing 7 Exahash per second or EH/s of global mining hashrate. This marks a 10% month-over-month increase of its peak hashrate and comes on the heels of the company completing the buildout of a 100 megawatt air-cooled data center at its Paraguay facility, which it acquired from Bitfarms last year. With new ASIC miners continuing to come online, the San Antonio, Texas-based bitcoin miner expects to grow by an additional 1 EH/s every two weeks. At that growth rate, HIVE says it is among the world's fastest-growing Bitcoin miners. The company's new 100 MW hydro-powered facility, coupled with the infrastructure it acquired from Bitfarms, has enabled HIVE to add about 1 EH/s of additional capacity each month and HIVE expects that to increase to 1 EH/s every two weeks as new hardware arrives. As a result, the company says it's still on track to reach its Phase 1 target of 11.5 EH/s by the end of June. Investors Take Notice Investors have taken notice of HIVE's recent growth initiatives, with the stock trending upward since late April. Notably, HIVE is pursuing expansion without relying on debt, a strategy that resonates well with many investors seeking financially disciplined companies. The industry is littered with bitcoin miners that collapsed under the weight of excessive debt when market conditions turned against them. HIVE uses proceeds from its Bitcoin mining to fund its expansion, as well as from an October 2024 Equity Distribution Agreement, which resulted in gross proceeds of $67.4 million. The company says it's fueling its entire growth with green energy, a key advantage for ESG-conscious investors, especially considering the high energy demands of Bitcoin mining. 'We're excited by the traction we're gaining after acquiring Bitfarms' assets and launching our own site in Paraguay. This expansion provides HIVE with a strategic advantage to scale production using clean hydroelectric power,' says Frank Holmes, Co-Founder and Executive Chairman of HIVE. 'With the Bitcoin price back above $100,000 as of this news release, we expect to reach six Bitcoin per day by the end of June, nearly doubling April's average daily production.' For April, HIVE reported it produced 102 Bitcoin, averaging 3.4 BTC per day or 15.8 BTC per Exahash. For the month, HIVE achieved an average hashrate of 6.5 EH/s and fleet efficiency of 20.7 joules per terahash. The miner's peak hashrate during April reached 6.6 EH/s. Bitcoin Surges Amid Hopes Of Tariff Relief Last week, Bitcoin exceeded $100,000 for the first time since the early days of February on news of the U.K. and the U.S. reaching a deal over tariffs, revitalizing hopes that the Trump Administration will ink more trade deals that will limit the impact of tariffs. Bitcoin and stocks have been under pressure ever since Trump announced sweeping tariffs in early April, as spooked investors worried about the economy re-assessed their portfolios. But with progress appearing to be underway with trade deals, Bitcoin reversed course last week and entered $100K+ territory again. Nonetheless, HIVE says it is remaining vigilant, as global supply chain challenges and trade tensions over tariffs could introduce potential disruptions. It's why the company said it's focused on streamlining operations and keeping costs at bay. 'Our disciplined capital allocation, including the redeployment of 30 MW of BUZZ Miners, has already saved us $27 million in capex, accelerating our near-term growth,' says Holmes. The initial 100 MW buildout at the Yguazú site uses a mix of proprietary BUZZ Miners and the latest Bitmain S21+ air-cooled units. By the end of May, HIVE expected the site to have over 20,000 machines mining for Bitcoin. More Expansion Underway But HIVE isn't stopping there. The company also announced the second phase of expansion – its second 100 MW facility in Paraguay – is underway. Shipments of more than 13,400 Bitmain S21+ Hydro ASIC miners and the Bitmain Hydro AntSpace containers are expected to begin arriving in early June. Those machines alone will add 4.3 EH/s to the company's global footprint. HIVE said the Phase 2 expansion will add an additional 6.5 Exahash of Bitmain S21+ Hydro ASICs, bringing its total hashrate to 18 EH/s by the end of summer. Looking ahead to the remainder of the year, HIVE's Chief Operating Officer Luke Rossy said the company is preparing its Valenzuela site for an additional 100 MW of air-cooled containers. Deployment is expected to ramp up between August and November, positioning HIVE to surpass 25 EH/Hs globally and establishing the company 'among the largest Bitcoin miners in the world.' While Bitcoin has faced a downturn in recent months, last week's price surge signals it's far from out. HIVE sees the opportunity and is doubling down, scaling its operations to mine Bitcoin at an accelerated pace. With Phase 2 of the buildout of its Yguazù facility in Paraguay underway and even more expansion coming online this summer, HIVE is making a concerted effort to scale strategically as it aims to become one of the world's largest Bitcoin miners. Featured image byDmytro DemidkoonUnsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. This content was originallypublished on further disclosureshere. View the original release on
