Wednesday, December 24, 2025

Sharjah Achieves Outstanding Success in the UAE 54th Eid Al Etihad (Union Day) Celebrations

 The 54th Eid Al Etihad (Union Day) celebrations in the Emirate of Sharjah showcased a successful model for a national event with a global cultural dimension. These celebrations extended beyond local boundaries to convey shared humanitarian messages while highlighting the UAE’s commitment to balancing its rich cultural heritage with ongoing development and innovation.

From November 19 to December 2, the festivities included over 250 diverse activities and attracted approximately 233,000 participants, including citizens, residents, and visitors from around the world. Each region presented programs that reflected its unique cultural identity within a comprehensive national framework.

In his remarks, H.E. Khalid Jasim Al Midfa, Chairman of the Sharjah Committee for Eid Al Etihad (Union Day) Celebrations, praised the strong public engagement during the events. He emphasized that this turnout reflects the success of the celebrations in meeting their objectives. Al Midfa expressed pride in the participation of citizens, residents, and visitors from around the world, highlighting that the celebrations took place in a safe environment that embodies the UAE’s values of peace and openness.

He added that these celebrations helped create positive impressions and memorable experiences for visitors about the Emirate of Sharjah and the UAE as a global destination that celebrates cultural diversity and welcomes all cultures.

The events included celebratory parades, interactive educational workshops, and heritage exhibitions. Additionally, there were technology innovation platforms featuring robotic displays and smart experiences presented by Emirati youth. Contemporary light shows conveyed global humanitarian messages promoting peaceful coexistence and cultural diversity, which are the foundations of the Union. The program also included musical performances and folk arts that showcased the richness of the Emirati cultural scene.

The celebrations emphasized environmental sustainability through the use of eco-friendly materials and awareness workshops. Interactive spaces were provided to showcase traditional crafts and Emirati arts. This comprehensive experience effectively combined authenticity and modernity, enhancing cultural interaction among the diverse nationalities participating.

The Eid Al Etihad (Union Day) celebrations saw significant participation from families, diverse segments of society, government entities, and cultural institutions. This turnout reflects strong community cohesion, a spirit of collaboration, and the national and humanitarian values that support the Union.



Permalink

https://www.aetoswire.com/en/news/1612202551787


Contacts

Mai Abdelmajeed

MAbdelmajeed@global-advisors.com

Tuesday, December 23, 2025

Spain’s CESGA Selects IQM and Telefónica to Deploy Advanced Quantum Computing Infrastructure


 SANTIAGO DE COMPOSTELA, Spain -

IQM will deliver two full-stack quantum computers: a 54-qubits IQM Radiance system and a 5-qubit IQM Spark by June 2026.

The systems will support research, skills development, and industrial access to quantum computers across multiple sectors.

This will be the first installation of IQM quantum computers in Spain.

 


(BUSINESS WIRE)--IQM Quantum Computers, the global leader in deployed, on-premises computers, and Telefónica, a global telecommunications provider, have joined forces to sign a purchase agreement with the Galician Supercomputing Center (CESGA) to install two full-stack quantum computers in Spain.


Under the agreement, IQM will deliver and install a 54-qubit IQM Radiance, designed for integration into high-performance computing centres, together with a 5-qubit IQM Spark system dedicated to education. The systems are scheduled for delivery by June 2026.


The deployment will expand CESGA’s advanced computing capabilities and strengthen its role as a key national and European research infrastructure.


The systems will be used by the scientific community and made accessible to leading companies across multiple industrial and research sectors, enabling experimentation with hybrid workflows that combine quantum computing, artificial intelligence, and high-performance computing.


This will be the first installation of IQM quantum computers in Spain, positioning CESGA alongside leading European centres such as the Leibniz Supercomputing Centre (LRZ) and Jülich in Germany, CSC in Finland, and CINECA in Italy, which are integrating quantum systems into national HPC environments.


The systems will be complemented by a new supercomputer, the Finisterrae IV, which will provide additional computing power to meet needs in artificial intelligence, among others, and a data storage system that will make it possible to permanently house large amounts of data and provide more advanced data services.


“Delivering production-grade quantum infrastructure into real HPC environments is central to IQM’s mission,” said Sylwia Barthel de Weydenthal, Chief Commercial Officer of IQM Quantum Computers. “By deploying our systems at CESGA, we are supporting the development of a practical quantum ecosystem in Spain and enabling researchers and industry users to begin meaningful experimentation with hybrid quantum-classical computing.”


“Quantum computing will become an important pillar of future digital infrastructure,” said Sergio Sánchez, CTIO Telefónica España. “Through this collaboration with IQM and CESGA, Telefónica is helping bring advanced computing capabilities closer to researchers and enterprises, while supporting Spain’s position in next-generation technologies.”


About IQM Quantum Computers


IQM Quantum Computers is a global leader in the deployment of superconducting quantum computing systems, delivering full-stack, on-premises quantum infrastructure designed to integrate into advanced computing environments. IQM works with high-performance computing centers, research institutions, universities, and enterprises, providing access to both quantum hardware and software. Headquartered in Finland, IQM employs more than 300 people and operates globally, with teams in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States. For more information, visit www.meetiqm.com.


About Telefónica:


Telefónica is one of the world’s leading telecommunications service providers. The company offers fixed and mobile connectivity as well as a wide range of digital services for residential and business customers. With over 350 million customers, Telefónica operates in Europe and Latin America. Telefónica is listed on the Spanish stock market, New York and Lima.


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20251223742835/en/



Permalink

https://www.aetoswire.com/en/news/2312202551929


Contacts

Media contact:

press@meetiqm.com

+358 50 479 0845

www.meetiqm.com

Comera Financial Holdings, Part of Abu Dhabi’s Royal Group, and SC Ventures Announce Strategic Collaboration to Explore Innovation in SME and beyond

 Abu Dhabi, United Arab Emirates - Tuesday, 23. December 2025 AETOSWire Print

Collaboration aims to co-create data-driven financial solutions, expand access to SME financing, and accelerate corporate innovation across the UAE’s evolving economic landscape.

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, and SC Ventures, signed an MoU announcing a strategic collaboration to jointly explore new opportunities designed to strengthen the SME segment. The initiative reflects a shared vision to advance technology-driven financial solutions that align with the UAE’s economic priorities and support sustainable development across key sectors.

Through this collaboration, Comera Financial Holdings and SCV have outlined several areas where their combined expertise can create significant value for businesses. A major focus will be on financial solutions tailored for corporates with extensive SME networks. These may include innovations in Supply Chain Finance, working capital optimisation, and sector-specific financing frameworks. By combining Comera’s expanding fintech platforms with SC Ventures’ expertise in venture-building and credit intelligence, both organisations aim to deliver solutions that strengthen business resilience and accelerate market competitiveness.

The organisations will also explore broader strategic partnership opportunities, including potential investment, co-creation of new financial models, and deeper coordination across select business initiatives. This approach is intended to drive innovation, encourage aligned growth, and support the delivery of comprehensive financial solutions at scale.

Akhtar Saeed Hashmi, Managing Director & Group CEO of Comera Financial Holdings, stated:

“This collaboration marks an important step in our mission to build forward-looking financial infrastructure for the UAE. By working with SC Ventures, we aim to introduce innovative, digitally powered financing models that support the growth ambitions of SMEs and large corporates alike.”

Alex Manson, CEO of Standard Chartered Ventures, commented: “At SC Ventures we build businesses that solve real problems. Partnering with Comera allows us to co-create digital infrastructure that gives SMEs the tools, insights and access they need to thrive in an innovation-led economy”.

Comera Financial Holdings and SC Ventures will continue evaluating the identified opportunities with the goal of establishing a long-term collaboration. Further updates will be shared as progress develops.

About SC Ventures

SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance.

For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.

About Comera Financial Holdings

Comera Financial Holdings, part of Abu Dhabi’s Royal Group, is a diversified fintech and financial services group offering integrated solutions across payments, lending, supply chain finance, and digital financial infrastructure, enabling seamless, compliant, and scalable financial experiences for consumers, SMEs, and corporates across the UAE and beyond.

Permalink

https://www.aetoswire.com/en/news/2312202551912

Contacts

For Media Inquiry Ajit Johnson

media@comerafinancialholdings.com

Modon Holding forms joint venture with Related Companies and Panepinto Properties to deliver Harborside 4, a luxury residential tower along the waterfront in the heart of downtown Jersey City

 

Abu Dhabi, United Arab Emirates – 22 December 2025: Modon Holding PSC (“Modon”) today announced a new joint venture to deliver Harborside 4, a 54-story residential tower on one of the last prime waterfront sites in downtown Jersey City, New Jersey, USA. Modon will hold a majority equity stake alongside leading US developer Related Companies and long-established Jersey City firm Panepinto Properties (the “Joint Venture”), marking a further milestone in the Group’s strategy to scale its diversified global portfolio.

 

Harborside 4, designed by Handel Architects, will bring 800 luxury rental apartments and condominiums to downtown Jersey City, with the building offering unobstructed views of the Manhattan skyline and premium lifestyle and hospitality amenities including a marquee fitness club and concierge services. The site is minutes from Manhattan via PATH cross-Hudson rail services and ferry connections, with retail, dining and community amenities on the doorstep, including a Whole Foods market across the street. The development scheme will feature approximately 75% of residential apartments being retained for rentals generating stable recurring income, with the remaining approximately 25% being marketed as condos for sale. Construction is set to begin in Q1 2026, with completion targeted in Q1 2029.

 

The joint venture will jointly oversee the development of the scheme, with Related leading development and construction management, leasing and operations. Related contributes more than 50 years of integrated development and management expertise, with $70 billion in assets under management and over $20 billion in construction delivered over the past decade. Panepinto Properties, which has delivered more than 17 million square feet of development in Jersey City since 1977, brings deep local knowledge and a long-standing commitment to the community in Jersey City. A consortium of banks led by J.P. Morgan will provide construction financing for the development scheme.

 

H.E. Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, said: “Harborside 4 is a natural progression in Modon’s global expansion, reflecting our commitment to investing in high-potential assets that create long-term value. Partnering with Related and Panepinto brings together institutions with the expertise and ambition to help shape vibrant, future-ready communities, and reinforces Modon’s position as a trusted international investment partner. This venture strengthens our international portfolio, supports our diversification strategy, and underscores Modon’s vision to develop high-quality urban destinations in key global markets.”

 

Bill O’Regan, Group CEO of Modon Holding, said: “Harborside 4 aligns strongly with our international growth strategy, combining a prime development opportunity with a structured delivery plan and partners with deep capability and Modon’s goal to enhance its long-term recurring income. Related’s operational strength and Panepinto’s local knowledge create a platform engineered for design excellence and disciplined execution. We will work hand-in-hand with Related and Panepinto to oversee all critical phases of the development, contributing to Harborside becoming a well-run, high-performing community over the long term. This investment reinforces our vision to build and enhance the resilience of our diversified global portfolio.”

 

Bruce A. Beal, Jr, President of Related Companies, said: “We are pleased to be partnering with the team at Modon Holding to bring this exciting project to life. With an unmatched location just minutes from Manhattan in fast-growing Jersey City, Harborside 4 represents an exceptional opportunity to develop beautiful waterfront homes for discerning residents alongside partners and investors who share our vision of creating dynamic urban living environments.”

 

Joseph Panepinto, Sr., Founder and CEO of Panepinto Properties, said: “Acquiring Harborside 4 strengthens our role in the ongoing redevelopment of Jersey City’s waterfront and beyond. An area that once served industrial uses has been steadily emerging as a premier, contemporary, residential, and commercial destination creating jobs and income for all residents of the city. This property aligns with that broader vision. We remain committed to supporting the city’s continued growth across its various districts.”

 

Headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange (ADX), Modon operates across diverse business sectors including real estate, hospitality, asset management, investments, events, and tourism. Modon’s international property portfolio includes a 50% joint venture to deliver the 2 Finsbury Avenue office towers in London, in partnership with British Land and GIC; acquisition of La Zagaleta in Spain, one of the most exclusive and luxurious residential golf estates in Europe; and a strategic investment in the Wellington International equestrian showgrounds in Palm Beach County, Florida. Other assets include hotels and resorts in five countries across three continents, sports and leisure facilities, and landmark global events and exhibition venues including ADNEC Centre in Abu Dhabi and ExCel London.

 

About Modon:

 

Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX). We are at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. Our primary business sectors include real estate, hospitality, asset management, investments, events, and tourism. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living.

 

About Related Companies

Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed over 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisition, management, finance, marketing, and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, Texas, Washington, D.C., and London and boasts a team of approximately 4,000 professionals. With over $70 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, Deutsche Bank Center at Columbus Circle and The 78 in Chicago. Related was named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.

 

About Panepinto

 

Panepinto Properties has been a market leader and innovator in Jersey City real estate development since 1977, engaging in innovative real estate projects nationally and internationally with a focus on design and infrastructure development, long-term property and asset management and contemporary fine art services for residential, office and hotel projects. As an independently owned and operated company, Panepinto Properties works closely with financial institutions, city and state agencies, engineers, architects, designers and artists to ensure each project is unique and successful while transforming and energizing neighborhoods to create value for the local community.

 

*Source: AETOSWire

 

For further information, please contact:

 

Salma El Baghdadi

press@modon.com

ir@modon.com

www.modon.com

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Facebook

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HARMAN to Acquire ZF’s ADAS Business

 STAMFORD, Conn. - Tuesday, 23. December 2025


Secures HARMAN’s strategic foundations in ADAS and centralized automotive electronics platforms to define the fast-growing SDV market


 


(BUSINESS WIRE)--HARMAN International, a global leader in automotive technology and lifestyle audio, and a wholly-owned subsidiary of Samsung Electronics Co., Ltd., today announced that it has entered into a definitive agreement to acquire the Advanced Driver Assistance Systems (ADAS) business of ZF Group, comprising leading automotive compute solutions, smart cameras, radars and ADAS software functions. The transaction is valued at €1.5 billion.


A Strategic Step toward an Integrated, Centralized Vehicle Architecture


HARMAN’s “Consumer Experiences. Automotive Grade.” strategy focuses on bringing the speed, intelligence, and intuitive experiences consumers expect from leading technology brands into vehicles, while also meeting the highest standards for automotive safety, reliability, and long-term platform support. As automakers accelerate toward software-defined vehicles (SDV), this approach enables experiences that seamlessly connect safety and assisted driving functions with comfort, connectivity, and in-vehicle intelligence. With this acquisition, HARMAN has secured strategic inroads in the ADAS and central compute platforms markets, reinforcing a foundation that anchors and advances its role in the fast-growing SDV market.


By integrating ZF’s ADAS capabilities with HARMAN's flagship Digital Cockpit offerings within a centralized compute design, the acquisition bolsters HARMAN’s roadmap for next-generation vehicle architectures. The combination creates a foundation for future central compute solutions that bring assisted and automated driving solutions, safety and user experiences on a shared platform. This approach streamlines system design, reduces integration complexity, and supports more efficient innovation cycles, allowing HARMAN to enable OEMs to scale differentiated, context-aware vehicle experiences.


“The industry is at an inflection point where safety, intelligence, and in-cabin experience must come together through a unified computing architecture,” said Christian Sobottka, Chief Executive Officer and President, Automotive Division, HARMAN. “With this agreement, we take a strategic step to expand our portfolio with complementary ADAS capabilities that unlock a new class of cross-domain experiences ranging from perception-informed audio cues to more personalized, situation-aware driving. Combined with HARMAN’s long-standing automotive expertise and supported by Samsung’s broader technology leadership, this positions us to help OEMs design the next generation of intelligent, empathetic, and connected vehicles.”


“With HARMAN, we have found the ideal partner to fully unlock the growth and innovation potential of our ADAS business,” said Mathias Miedreich, CEO of ZF Group. “At the same time, this deal makes an important contribution to reducing our company’s debt and allows us to focus our resources on the core technologies in which ZF is a global leader.”


“Samsung has a successful record of strategic acquisitions that accelerate innovation and expand what’s possible for our customers,” said Young Sohn, Chairman of the Board of Directors, HARMAN and Senior Advisor, Samsung Electronics. “Since acquiring HARMAN in 2017, the company has scaled its automotive and audio business from $7 billion to more than $11 billion today. Adding ZF’s ADAS capabilities builds on that momentum. HARMAN will further expand its technology foundation to deliver safer, more intelligent, and more intuitive in-vehicle experiences. This acquisition reinforces HARMAN’s leadership in the industry’s transformation and underscores Samsung’s long term commitment to the future of mobility.”


“This transaction marks a major milestone in the execution of HARMAN’s long-term strategy and further strengthens our portfolio,” said Carolin Reichert, Chief Strategy Officer of HARMAN. “Throughout the process, we worked in a very constructive collaboration with ZF and demonstrated our ability to successfully execute a highly complex carve-out.”


As part of the agreement, approximately 3,750 ZF employees across Europe, the Americas and Asia are expected to transition to HARMAN upon closing of the transaction. The transaction is expected to close in the second half of 2026, subject to receiving necessary regulatory approvals.


Upon closing, HARMAN will integrate ZF’s ADAS capabilities into its centralized compute and digital cockpit roadmap, enabling OEMs to deploy more scalable, safety-integrated vehicle architectures. The companies will maintain strong support for existing programs while aligning engineering, ADAS and compute teams to accelerate innovation for next-generation platforms.


About HARMAN


HARMAN is a global leader in Lifestyle Audio and Automotive technology. We create intelligent experiences that enrich people’s lives on the road, in their homes, on the stage, and everywhere in between. Our iconic audio brands — including JBL®, Harman Kardon®, AKG®, Bowers & Wilkins®, Denon®, and Marantz® — bring premium sound to consumers and audio/visual professionals worldwide. More than 50 million vehicles globally rely on HARMAN’s technologies to deliver safer, smarter, and more intuitive in-cabin experiences. A wholly owned subsidiary of Samsung Electronics Co., Ltd., HARMAN has approximately 26,000 employees around the world.


About ZF


ZF is a global technology company supplying advanced mobility products and systems for passenger cars, commercial vehicles and industrial technology. Its comprehensive product range is primarily aimed at vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF electrifies a wide range of vehicle types. With its products, the company contributes to reducing emissions, protecting the climate as well as enhancing safe mobility. Alongside the automotive sector – passenger cars and commercial vehicles – ZF also serves market segments such as construction and agricultural machinery, wind power, marine propulsion, rail drives and test systems. With some 161,600 employees worldwide, ZF reported sales of €41.4 billion in fiscal 2024. The company operates 161 production locations in 30 countries.


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20251223683768/en/



Permalink

https://www.aetoswire.com/en/news/2312202551926


Contacts

Media:


HARMAN

Dawn Geary

Director, Global Communications, Automotive

dawn.geary@harman.com


ZF Group

Mirko Gutemann

Spokesman Corporate R&D, ADAS/AD Technology, Safety Technology

mirko.gutemann@zf.com

Axelspace Signing Agreement on a Multi-Launch Arrangement and the Launch of New Satellites with Exolaunch

 TOKYO - Monday, 22. December 2025 AETOSWire Print

(BUSINESS WIRE) -- Axelspace Corporation (“Axelspace”), a leading microsatellite company committed to making “Space within Your Reach,” is pleased to announce a multi-launch agreement (MLA) with Exolaunch, a global launch integrator and leader in launch mission management, satellite integration and satellite deployment technologies.

The Multi-Launch Agreement will accelerate the growth of Axelspace. In particular, one satellite scheduled for launch under the new Agreement will be used in the AxelLiner business’s in-orbit demonstration service, “AxelLiner Laboratory”. Exolaunch has already secured launches for eight (8) Axelspace’s satellites on the upcoming missions.

Axelspace provides AxelLiner Laboratory (AL Lab), a new service originating from the AxelLiner business that is specialized in in-orbit demonstration of space components.

Nonetheless, conducting in-orbit demonstrations in a short period of time is known to be a significant challenge due to the inconsistent opportunities provided for in-orbit demonstration missions and its lengthy process from selection to launch, often taking up to several years.

Against this backdrop, space policies promoted by government bodies—including the Space Strategic Fund—position the establishment of a domestic satellite supply chain as a key priority. As a result, demand is growing for timely in-orbit demonstrations of innovative satellite components originating in Japan.

To overcome these existing challenges involved in in-orbit demonstrations, Axelspace has developed a service tailored to such special needs by leveraging the short development time and mass-production capabilities realized by AxelLiner.

In providing AL Lab services, we recognize that, amid the recent global increase in demand for satellite launches, securing launch opportunities that can flexibly accommodate desired schedules and orbits is a critical risk with a high potential impact on service execution.

Axelspace is a trailblazer in Japan’s space industry, and we are proud to support their ongoing satellite launch program through this new Multi-Launch Agreement,” said Kier Fortier, Vice President of Global Business Development at Exolaunch. “With our global footprint, including Exolaunch Japan, and extensive flight heritage in delivering small satellites safely to orbit, we look forward to providing Axelspace with reliable global launch access and deep launch mission management expertise to support efficient, quick deployment of Axelspace’s satellite constellation.”

The full press release is available here: https://www.axelspace.com/news/multi_launch_agreement_with_exolaunch/

View source version on businesswire.com: https://www.businesswire.com/news/home/20251219038364/en/

Permalink

https://www.aetoswire.com/en/news/2212202551906

Contacts

Media Contact

Axelspace Holdings Corporation

E-mail: pr@axelspace.com

Monday, December 22, 2025

Axelspace: Notice of Signing a Service contract for In-Orbit Demonstration with Pale Blue, Inc.

 (BUSINESS WIRE)--Axelspace Corporation (“Axelspace”), a leading microsatellite company committed to making “Space within Your Reach,” has entered into a service agreement with Pale Blue Inc. (“Pale Blue”), a company that develops, manufactures, and sells thrusters (engines) for small satellites, for an in-orbit demonstration, as detailed below.


Axelspace provides AxelLiner Laboratory (AL Lab), a new service originating from the AxelLiner business that is specialized in in-orbit demonstration of space components.


Under this contract, an in-orbit demonstration of a fast-start Hall thruster developed by Pale Blue is scheduled to be conducted in 2027.


Nonetheless, conducting in-orbit demonstrations in a short period of time is known to be a significant challenge due to the inconsistent opportunities provided for in-orbit demonstration missions and its lengthy process from selection to launch, often taking up to several years.


Against this backdrop, space policies promoted by government bodies—including the Space Strategic Fund—position the establishment of a domestic satellite supply chain as a key priority. As a result, demand is growing for timely in-orbit demonstrations of innovative satellite components originating in Japan.


To overcome these existing challenges involved in in-orbit demonstrations, Axelspace has developed a service tailored to such special needs by leveraging the short development time and mass-production capabilities realized by AxelLiner.


Jun Asakawa, Co-Founder and CEO of Pale Blue, commented;

We are deeply honored to have signed a demonstration contract with Axelspace for the 2027 in-orbit demonstration of our compact Hall thruster, “PBH-100.” We will validate the product’s key features—high thrust, high specific impulse, and rapid startup performance—in space. Through this demonstration, we aim to further deepen the strong partnership we have built with Axelspace through the development and manufacturing of propulsion systems, and contribute to the expansion of the small satellite market.


https://pale-blue.co.jp/


Yuya Nakamura, President and CEO, Axelspace Corporation, commented;

We are delighted to announce our agreement with Pale Blue to perform the critical in-orbit demonstration of their compact Hall thruster, executing this technology validation utilizing our proprietary AxelLiner Laboratory platform. By facilitating the rapid path to orbit and offering our extensive expertise—derived from our own experience as a satellite component user—we are actively supporting Pale Blue’s efforts to accelerate their global business expansion.


The full press release is available here: https://www.axelspace.com/news/paleblue/


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20251219321165/en/



Permalink

https://www.aetoswire.com/en/news/2212202551907


Contacts

Media Contact

Axelspace Holdings Corporation

E-mail: pr@axelspace.com


 

SpeakUp Reaches the Final Episode of The Final Pitch Dubai on OSN as the Only Startup to Sign an Investment Agreement Live on Air

Dubai, United Arab Emirates - Monday, 22. December 2025


SpeakUp, the AI-powered matching app launched in April 2025 in Dubai, delivered one of the defining moments of the season on OSN’s The Final Pitch Dubai, the regional adaptation of Shark Tank. In the final episode aired on 15th December, SpeakUp became the only startup of the season to receive a direct investment offer when an investor–judge presented the founders with a SAFE agreement live on air.


After the founders left the stage, multiple judges remarked that SpeakUp had the potential to become a unicorn - citing its scalability, adoption rate, and the size of the market it is positioned to transform.


SpeakUp addresses one of the most persistent operational gaps in the event and media industries: the absence of a single platform where organisers can publish speaker requests, receive applications, communicate directly, and book talent into their event calendar - all in one workflow.


Traditionally, organisers depend on WhatsApp groups, manual outreach, and disjointed tools, SpeakUp replaces this with a unified AI-driven process:


– organisers publish an event or a speaker request in app

– speakers apply with one click

– all responses appear in a centralised interface

– organisers and speakers communicate through integrated in-app chat

– bookings are completed through the built-in calendar system


Beyond matching, SpeakUp features the Growth Marketplace - an ecosystem offering discounted access to podcast studios, conference venues, photographers, videographers, editors, PR services and other verified partners. This positions SpeakUp not only as a talent-matching engine but as a complete operational layer for events, media, and digital production teams across MENA.


Since filming in May 2025, the platform has undergone rapid expansion, becoming one of the region’s fastest-growing event-tech products. Following the show, SpeakUp secured additional support from a Dubai-based venture fund through direct negotiations.


Today, leading investors in the UAE and UK estimate SpeakUp’s valuation at $50-60 million, driven by its adoption curve, market relevance, and expanding footprint. The platform has surpassed 60,000 downloads,41,000 registered users, and over 1,300 successful speaker bookings across 30+ countries.


As a new-class AI matching platform redefining digital-talent infrastructure in MENA, SpeakUp is only at the beginning of its broader impact.


Available on iOS and Android, enabling seamless booking and communication.



Permalink

https://www.aetoswire.com/en/news/2212202551905


Contacts

MEDIA CONTACT


Hannah Bain


pr@speak-up.pro

Pimicotinib Approved as Systemic Treatment in China for Tenosynovial Giant Cell Tumor

 First regulatory approval in the world for pimicotinib based on positive data from global Phase 3 MANEUVER study

In MANEUVER, pimicotinib significantly improved objective response rate at week 25 (54% vs. 3.2% for placebo), while providing clinically meaningful and statistically significant improvements across all patient-reported outcomes

With longer-term follow-up, 3 out of 4 patients treated with pimicotinib achieved response per RECIST v1.1, and treatment continued to be well-tolerated

Approval strengthens Merck’s leadership in rare tumors, with additional ongoing regulatory filings for pimicotinib underway globally

 


(BUSINESS WIRE) -- Merck, a leading science and technology company, announced today that following Priority Review, the China National Medical Products Administration (NMPA) has approved pimicotinib for the treatment of adult patients with symptomatic tenosynovial giant cell tumor (TGCT) for which surgical resection will potentially cause functional limitation or relatively severe morbidity. Pimicotinib, a colony stimulating factor-1 receptor (CSF-1R) inhibitor developed by Abbisko Therapeutics Co., Ltd., Shanghai, China, is the first Chemical Drug Class 1 approved in China for the treatment of TGCT.


“We are continuing to deliver on our commitment to improving the lives of patients with rare tumors with this first-in-the-world regulatory approval of pimicotinib,” said Danny Bar-Zohar, CEO Healthcare and Member of the Executive Board of Merck. “This approval is a significant step forward in further strengthening our leadership in rare tumors, while offering patients the opportunity to change the course of their disease and help alleviate symptoms that impact their daily lives. We are now working to make pimicotinib available to patients in China as quickly as possible, as we continue to progress applications with regulatory authorities in additional markets.”


TGCT is a rare, locally aggressive tumor of the joint leading to progressive swelling, stiffness and reduced mobility of the affected joint, significantly impacting daily activities and quality of life in the otherwise healthy population that it affects. If left untreated or in recurrent cases, TGCT can result in irreversible damage to the bone, joint and surrounding tissues. Historically TGCT may have been known by several different names, including pigmented villonodular synovitis (PVNS).


The approval of pimicotinib by the China NMPA is based on results from the global Phase 3 MANEUVER study, in which pimicotinib demonstrated the highest objective response rate (ORR) based on RECIST v1.1 seen in a Phase 3 trial of a systemic TGCT treatment, as well as meaningful improvements in clinical outcomes. At week 25, pimicotinib demonstrated a statistically significant improvement in the primary endpoint of ORR assessed by blinded independent review committee (BIRC) based on RECIST v1.1 compared with placebo at week 25 (54.0% vs. 3.2% for placebo; p<0.0001). Pimicotinib also demonstrated clinically meaningful and statistically significant improvements across secondary endpoints relevant to patients’ daily lives, improving relative range of motion (p=0.0003) and physical function measured by PROMIS-PF scale (p=0.0074) and reducing worst stiffness (p<0.0001) and worst pain (p<0.0001). These findings were presented at the 2025 ASCO Annual Meeting. Longer-term results presented at the ESMO Congress 2025 showed that with a median follow-up of 14.3 months, ORR per RECIST v1.1 increased considerably among patients treated with pimicotinib from the beginning of the study, to 76.2% (95% CI: 63.8, 86.0).


“Many people living with TGCT in China have faced a long and difficult journey due to the lack of approved options beyond surgery, which may not address the needs of patients whose tumors recur or are not amenable to resection,” said Prof. Niu Xiaohui, Director of the Bone and Soft Tissue Tumour Diagnosis and Research Centre at Beijing Jishuitan Hospital. “With the approval of pimicotinib based on the results of the global MANEUVER study, healthcare professionals in China will soon have the opportunity to prescribe their patients an effective and well-tolerated systemic treatment option, offering a much-needed advance in how they manage this challenging condition.”


In MANEUVER, pimicotinib was well-tolerated, with no evidence of cholestatic hepatotoxicity or hair/skin hypopigmentation. During the randomized, double-blind treatment phase of the trial, treatment-emergent adverse events (TEAEs) leading to treatment discontinuation occurred in one patient (1.6%) treated with pimicotinib; TEAEs leading to dose reduction occurred in 7.9% (n=5) of pimicotinib-treated patients.


“Pain and restricted mobility induced by TGCT impair patients' daily functioning and impose huge psychological burden on them,” commented Kevin Huang, Founder and President of Chinese Organization for Rare Disorders (CORD), and Founder and Secretary-General of the Hope For Rare Foundation. “Following the approval of pimicotinib in China, this systemic therapeutic regimen enables effective control of tumor progression and alleviation of clinical symptoms, bringing hope for patients who may regain the ability to join in activities deemed common by the most, such as climbing stairs, commuting to work, or playing with their children.”


About MANEUVER


The pivotal global Phase 3 MANEUVER study is a three-part, randomized, double-blind, placebo-controlled study to assess the efficacy and safety of pimicotinib in patients with TGCT who require systemic therapy and have not received prior anti-CSF-1/CSF-1R therapy. The study is being conducted by Abbisko Therapeutics in China (n=45), Europe (n=28), and the US and Canada (n=21).


In the double-blind Part 1, 94 patients were randomized 2:1 to receive either 50 mg QD of pimicotinib (n=63) or placebo (n=31) for 24 weeks. The primary endpoint was objective response rate (ORR) at week 25, as measured by Response Evaluation Criteria in Solid Tumors (RECIST) version 1.1 by blinded independent central review (BICR) in the intent-to-treat (ITT) population. Secondary endpoints include ORR per tumor volume score (TVS), relative range of motion, stiffness by Numeric Rating Scale (NRS), pain by Brief Pain Inventory (BPI), and physical function measured by Patient-Reported Outcomes Measurement Information System (PROMIS-PF).


After the double-blind Part 1, eligible patients could continue to the open-label Part 2 for up to 24 weeks of further treatment. Patients who completed Part 2 could then enter the open-label extension phase (Part 3) for extended treatment and safety follow-up.


About pimicotinib (ABSK021)


Pimicotinib, developed by Abbisko Therapeutics, is a novel, orally administered, highly selective and potent small-molecule inhibitor of CSF-1R. It has been granted breakthrough therapy designation (BTD) for the treatment of inoperable TGCT by the U.S. Food and Drug Administration (FDA), and priority medicine (PRIME) designation from the European Medicines Agency (EMA). Merck KGaA, Darmstadt, Germany, holds worldwide commercialization rights for pimicotinib.


About Merck


Merck, a leading science and technology company, operates across life science, healthcare and electronics. More than 62,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2024, Merck generated sales of € 21.2 billion in 65 countries.


Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.


All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.


 


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CyberArk Named a Leader in IDC MarketScape: Worldwide Integrated Solutions for Identity Security 2025


 NEWTON, Mass. & PETACH TIKVA, Israel

Unified platform uses AI and automation to accelerate time-intensive workflows, streamline operations and improve threat detection

Enables CISOs to consolidate cybersecurity stack, optimizing total cost of ownership

(BUSINESS WIRE) -- CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that it has been recognized as a Leader in the IDC MarketScape: Worldwide Integrated Solutions for Identity Security 2025 Vendor Assessment. CyberArk extends dynamic privilege controls across all identity types with its unified platform, enabling organizations to improve efficiencies and streamline security operations.

This IDC MarketScape report notes, “More change has occurred in the identity security marketplace in the past two years than in almost a decade. Vendors are entering a new phase defined by the emergence of intelligence technologies, none of which are specifically defined by any industry standards. Though different by design, the new adjacent IAM offerings are largely focused on improved vulnerability and threat management visibility and automated and predictive attack detection capabilities.” It also notes, “By addressing these evolving identity types within a unified framework, CyberArk enhances its ability to manage privileges at scale, reduce operational complexity, and maintain security continuity as organizations adopt advanced technologies.”

“With 93% of organizations reporting multiple identityrelated breaches last year, it’s clear that organizations need security that covers every identity: human, machine, and AI,” said Matt Cohen, CEO of CyberArk. “We believe that this recognition from the IDC MarketScape validates our unified approach, which helps protect against identity-centric attacks, strengthens security and drives operational efficiency for our customers. The CyberArk Identity Security Platform incorporates advanced AI and automation to help security teams consolidate their cybersecurity stack and embed resilience across their entire hybrid environment.”

Benefits of the CyberArk Identity Security Platform:

Unified Platform: Lowers total cost of ownership (TCO) by improving operational efficiency, reducing infrastructure footprint and streamlining management. CyberArk’s platform correlates threat data across all identity types and enables rapid adaptation to emerging risks.

CORA AI: Delivers actionable insights, automates routine tasks, and supports natural language interaction to enhance productivity and strengthen security.

Intelligent Privilege Controls: Enable security teams to implement measures that dynamically manage access to enterprise resources based on real-time risk assessments to ensure only the right users access the right information at the right time.

Secure AI Agents Solution: Provides comprehensive security and governance for AI-driven autonomous agents, including visibility, access control, threat detection and lifecycle management.

To download a complimentary excerpt of the IDC MarketScape for Worldwide Integrated Solutions for Identity Security 2025 Vendor Assessment (doc # US52037224, September 2025), click here.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About CyberArk

CyberArk (NASDAQ: CYBR) is the global leader in identity security, trusted by organizations around the world to secure human and machine identities in the modern enterprise. CyberArk’s AI-powered Identity Security Platform applies intelligent privilege controls to every identity with continuous threat prevention, detection and response across the identity lifecycle. With CyberArk, organizations can reduce operational and security risks by enabling zero trust and least privilege with complete visibility, empowering all users and identities, including workforce, IT, developers and machines, to securely access any resource, located anywhere, from everywhere. Learn more at cyberark.com.

Copyright © 2025 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.

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CyberArk

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CyberArk

603-531-7229

press@cyberark.com