Monday, December 8, 2025

Lancement mondial du programme Earth Rover à l'occasion de la Journée mondiale des sols Dévoilement du concept scientifique de « soilsmology »

 

LONDRES - lundi, 08. décembre 2025

(GLOBE NEWSWIRE) -- Earth Rover Program est lancé aujourd’hui à l’échelle mondiale, introduisant « Soilsmology » — une nouvelle application de la sismologie qui offre une fenêtre sans précédent sur la santé et la structure des sols, l’un des écosystèmes les plus essentiels et les plus vulnérables de la planète. Développé avec le soutien du Bezos Earth Fund, le programme vise à rendre la santé des sols visible, mesurable et exploitable à grande échelle, transformant la gestion mondiale des terres et soutenant les efforts destinés à prévenir l’effondrement climatique et écologique.

Les sols soutiennent 99 % de la production alimentaire humaine et stockent plus de carbone que l’atmosphère et la végétation réunies. Pourtant, 75 % des sols mondiaux sont dégradés, menaçant la sécurité alimentaire, la biodiversité et la stabilité du climat. Jusqu’à présent, le suivi de la santé des sols était coûteux, lent et dépendait d’échantillonnages invasifs. Earth Rover utilise la sismologie d’une manière nouvelle pour « voir » dans les couches superficielles du sol en envoyant des ondes ultra-haute fréquence à travers le terrain. Ces techniques révèlent des propriétés telles que le volume du sol, la densité apparente, l’humidité et la structure interne — autant d’indicateurs essentiels de la santé des sols.

En deux ans, le programme est passé d’une preuve de concept à un réseau mondial opérationnel. Les premiers résultats montrent que l’analyse sismique peut offrir une résolution spatiale exceptionnellement fine (environ 10 cm) et distinguer différents écosystèmes et systèmes agricoles. Des configurations de terrain identiques déployées en Europe, en Afrique et en Amérique du Sud ont produit de manière constante des données de haute qualité et comparables.

Une avancée majeure réside dans l’accessibilité financière. En développant un accéléromètre MEMS de nouvelle génération, l’équipe a réduit le coût des capteurs, passant de 1 000 $ en 2023 à seulement 10 $ aujourd’hui, avec un objectif de 1 $. Cette réduction spectaculaire vise à rendre l’évaluation rapide et non invasive des sols accessible à tous les agriculteurs, y compris ceux des communautés les plus pauvres. L’objectif est de créer un réseau mondial de science citoyenne dédié aux sols, où les utilisateurs contribuent à des données via des plateformes open source et chiffrées, afin de produire une carte mondiale partagée et fiable des sols — une sorte de Projet Génome Humain (Human Genome) pour le sol sous nos pieds.

Earth Rover Program fait désormais progresser plusieurs innovations : l’intégration de la sismologie avec un nouveau design de capteur et un modèle d’IA pour un suivi rapide et évolutif de la santé des sols ; l’expansion de la cartographie sismique de l’humidité des sols en profondeur ; la mesure de la porosité connectée ; ainsi que la détermination de la texture du sol et de son contenu en carbone. Ces indicateurs s’avèrent essentiels pour comprendre le rôle du sol concernant la résilience des cultures, le stockage du carbone et la régulation de l’eau.

Les méthodes du programme évitent de perturber les sols — contrairement aux techniques traditionnelles de carottage et de creusement de fosses — tout en offrant une collecte de données plus rapide, moins coûteuse et plus facilement extensible. Cela ouvre de nouvelles possibilités pour les agriculteurs souhaitant réduire l’usage d’engrais, l’irrigation et le labourage profond sans diminuer les rendements. Des projets pilotes sont en cours avec des partenaires au Royaume-Uni, au Kenya, en Colombie, en Allemagne et en France, constituant la base d’une base de données mondiale.

Pour garantir que les données complexes sur les sols puissent être exploitées, le programme a également développé ERP-GPT, une plateforme d’IA conçue pour traduire les mesures en recommandations claires pour les agriculteurs, les scientifiques et les décideurs. À long terme, Earth Rover Program vise à créer la première prévision des sols au monde — ou « soilcast » — offrant des informations prédictives comparables aux prévisions météorologiques et permettant de soutenir la planification de l’utilisation des terres sur le long terme.

George Monbiot, cofondateur d’Earth Rover Program, a déclaré : « Cela fait bien trop longtemps que les sols demeurent un territoire obscur pour nous. Malgré les avancées majeures réalisées par les scientifiques du sol, notre compréhension reste morcelée et insuffisante. Earth Rover Program vient bouleverser cet état de fait. Grâce à une connaissance plus fine et plus nuancée des qualités, des limites et des besoins de leurs sols, les agriculteurs pourront réduire leur impact sur l’environnement tout en préservant – voire en améliorant – leurs rendements. À terme, nous espérons que cette approche favorisera l’émergence de nouvelles méthodes biologiques de restauration des sols, ouvrant la voie à une agriculture capable de nourrir la population mondiale sans continuer à épuiser la planète ».

Pour sa part, le Dr Andy Jarvis, Directeur de Future of Food au Bezos Earth Fund, a souligné : « Quiconque a déjà creusé une fosse dans le sol sait combien il est difficile de saisir ce qui se passe sous la surface. L’équipe d’Earth Rover Program a découvert une manière d’explorer ce monde caché sans le perturber ni le détruire. Une connaissance approfondie des sols renforce tous les aspects qui nous tiennent à cœur en matière de climat et de protection de la nature, ouvrant la voie à des pratiques agricoles plus durables et respectueuses de l’environnement ».

La professeure Jacqueline Hannam, de l’Université de Greenwich, a commenté : « Comprendre ce qui se passe sous nos pieds reste un véritable défi. Les méthodes développées par Earth Rover Program offrent un potentiel considérable pour mesurer avec précision des propriétés essentielles du sol, telles que sa profondeur, sa densité apparente et la circulation de l’eau — et ce, sans jamais perturber le sol avec une pelle. Cette percée est à la fois cruciale et urgente : elle pourrait inverser la dégradation des sols et permettre une gestion durable, mieux informée et respectueuse de l’environnement ».

Earth Rover Program publiera son rapport inauguralSoilsmology : Transformer notre compréhension des sols, lors d’un webinaire virtuel le 5 décembre 2025, avec des remarques d’ouverture de Kate Raworth et un panel réunissant les cofondateurs du programme et la professeure Franciska de Vries.

Notes aux rédacteurs :

Earth Rover Program est une organisation mondiale de recherche à but non lucratif, fondée par un journaliste environnemental, un sismologue et un spécialiste des sols. Son équipe de recherche, composée de 17 membres, inclut deux professeurs et 15 docteurs (PhD) originaires de neuf pays. L’organisation collabore avec des institutions pionnières au Royaume-Uni, au Kenya et en Colombie et bénéficie du soutien du Bezos Earth Fund et de la UBS Optimus Foundation.

Un PDF accompagnant cette annonce est disponible à l’adresse suivante : https://ml-eu.globenewswire.com/Resource/Download/79424530-57f4-48ba-93bb-b87e081b1507

Contacts :

Contact presse :

Austyn Close, Atalanta
austyn@atalanta.co / +44 7850 421012

Earth Rover Program Launches Globally on World Soil Day, Unveils Scientific Concept of “Soilsmology”

 

LONDON - Friday, 05. December 2025

(GLOBE NEWSWIRE) -- The Earth Rover Program today launches globally, introducing “soilsmology”—a novel application of seismology that opens an unprecedented window into the health and structure of soil, one of the planet’s most vital and vulnerable ecosystems. Developed with support from the Bezos Earth Fund, the programme aims to make soil health visible, measurable, and actionable at scale, transforming global land management and supporting efforts to prevent climate and ecological collapse.

Soil supports 99% of human food production and stores more carbon than the atmosphere and vegetation combined. Yet 75% of the world’s soils are degraded, threatening food security, biodiversity, and climate stability. Until now, monitoring soil health has been costly, slow, and reliant on invasive sampling. The Earth Rover Program uses seismology in new ways to “see” into the shallow layers of soil by sending ultrahigh-frequency waves through the ground. These techniques reveal properties such as soil volume, bulk density, moisture, and internal structure—all key indicators of soil health.

Over two years, the programme has evolved from a proof-of-concept into a functioning global network. Early results show that seismic analysis can deliver exceptionally fine spatial resolution (around 10 cm) and distinguish different ecosystems and farming systems. Identical field setups deployed in Europe, Africa, and South America have consistently produced high-quality, comparable data.

A major breakthrough lies in affordability. By developing a next-generation MEMS accelerometer, the team has reduced sensor costs from $1,000 in 2023 to just $10 today, with a target of $1. This dramatic reduction is intended to make rapid, non-invasive soil assessment accessible to all farmers, including those in the poorest communities. The goal is a global citizen-science soil network, with users contributing data via open-source, encrypted platforms to create a shared, trusted global soil map—akin to a Human Genome Project for the ground beneath our feet.

The Earth Rover Program is now advancing several innovations: integrating seismology with a new sensor design and AI model for fast, scalable soil health monitoring; expanding seismic mapping of deep soil moisture; measuring connected porosity; and determining soil texture and soil carbon. These indicators are crucial for understanding soil’s role in crop resilience, carbon storage, and water regulation.

The programme’s methods avoid disturbing soil—unlike traditional coring and pit-digging—while offering faster, cheaper, and more scalable data collection. This opens new possibilities for farmers seeking to reduce fertiliser use, irrigation, and deep tillage without reducing yields. Pilot projects are underway with partners in the UK, Kenya, Colombia, Germany, and France, forming the foundation of a global database.

To ensure that complex soil data can be acted upon, the programme has also developed ERP-GPT, an AI platform designed to translate measurements into clear guidance for farmers, scientists, and policymakers. In the long term, the Earth Rover Program aims to create the world’s first soil forecast—or “soilcast”—providing predictive insights comparable to weather forecasting and supporting long-term land-use planning.

George Monbiot, Co-founder of the Earth Rover Program, said:
“For too long, soil has been dark to us. Despite brilliant work by soil scientists, our understanding remains patchy. The Earth Rover Program changes that. With a richer understanding of their soil’s qualities and deficiencies, farmers can reduce environmental harm while sustaining yields. In time, we hope this approach will support new biological methods for soil improvement, allowing us to feed the world without devouring the planet.”

Dr Andy Jarvis, Director of Future of Food at the Bezos Earth Fund, said:
“Anyone who’s dug a soil pit knows how hard it is to understand what’s happening below the surface. The Earth Rover team found a way to read that hidden world without tearing it apart. Better soil knowledge strengthens everything we care about in climate and nature.”

Professor Jacqueline Hannam, University of Greenwich, commented:
“It’s really challenging to know what’s going on underneath our feet. The Earth Rover Program’s methods have enormous potential to quantify key soil properties such as depth, bulk density, and water movement—without putting a spade in the ground. This breakthrough is urgently needed to reverse soil degradation and support sustainable management.”

The Earth Rover Program will release its inaugural reportSoilsmology: Transforming our Understanding of Soil, during a virtual webinar on 5 December 2025, featuring opening remarks by Kate Raworth and a panel with the programme’s co-founders and Professor Franciska de Vries.

Notes to Editors

The Earth Rover Program is a non-profit global research organisation founded by an environmental journalist, a seismologist, and a soil scientist. Its 17-strong research team includes two professors and 15 PhDs from nine countries. The organisation partners with leading institutions in the UK, Kenya, and Colombia and is supported by the Bezos Earth Fund and the UBS Optimus Foundation.

A PDF accompanying this announcement is available at http://ml-eu.globenewswire.com/Resource/Download/79424530-57f4-48ba-93bb-b87e081b1507

Contacts :

 

Austyn Close, Atalanta 

austyn@atalanta.co / +44 7850421012

Fitch Learning Completes Acquisition of Moody’s Analytics Learning Solutions and the Canadian Securities Institute

 Combined entity to accelerate financial services skills development and drive measurable business outcomes across 148 countries


(BUSINESS WIRE) -- Fitch Learning, the global leader in financial learning and professional certifications, today announced the completion of its acquisition of Moody’s Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI). MALS is a global provider of credit and digital learning, and CSI is a leading provider of certifications for the Canadian financial services industry.


Fitch Learning, recognized globally as the premier financial education provider, delivers specialized training for the financial services industry through accredited qualifications, flexible corporate solutions programs, managed services and digital learning solutions trusted by leading institutions worldwide. The combined business will serve over 92,000 finance professionals across 148 countries, at every stage of their careers.


“This acquisition is about creating more opportunities for growth – for organizations and for individuals,” said Andreas Karaiskos, CEO of Fitch Learning. “By combining both organizations’ deep expertise and learning technologies, we’re enabling our clients to build future-ready teams and helping finance professionals gain the skills that matter most in today’s fast changing markets.”


The combined business will provide learners with access to an expanded suite of solutions covering commercial and consumer banking, credit risk, wealth and investment management, investment and corporate banking, professional skills as well as data analytics and AI.


The CSI brand will continue, as will its stewardship of the industry’s renowned certifications and designations. The MALS brand will be retired, and its solutions will be offered as part of Fitch Learning’s portfolio.


“We are proud to mark this transformative milestone for Fitch Learning, our clients, and learners across the financial services sector,” noted Karaiskos. “Acquiring MALS and CSI isn’t just an expansion for us – it’s about building a global talent offering to deliver high impact outcomes for our clients.”


Bringing Fitch Learning, MALS, and CSI together as a single entity marks a bold step in transforming financial education, moving beyond traditional learning methods to deliver innovative, dynamic, personalized learning experiences that empower learners to choose the path that suits them best and help future-proof their careers.


Terms of the transaction were not disclosed.


For more information, please visit www.fitchlearning.com.


About Fitch Learning


Fitch Learning, part of Fitch Group, is a trusted global provider of financial education. Built on deep expertise in credit and strengthened by broad experience across financial services, we deliver impactful learning solutions through client-focused programs, courses and professional qualifications. Harnessing digital innovation and AI-driven learning tools, we empower organizations worldwide to build future-ready teams. Fitch Learning owns the Canadian Securities Institute, Certificate in Quantitative Finance Institute (CQFI), and the Global Institute of Credit Professionals, dedicated to supporting finance professionals throughout their career journeys.


 


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Contacts

Media Contacts:

Brooke Rera

+1 631 871 4994

fitchlearning@allisonworldwide.com


Cristina Bermudez

+1 305-613-5814

cristina.bermudez@thefitchgroup.com


 

Sunday, December 7, 2025

Xsolla Expands Local Payment Options in Nigeria Through Full Paga Ecosystem Integration, Serving More Than 20 Million Users

 Empowering Nigerian Players With Fast, Familiar, And Secure Payment Options


(BUSINESS WIRE) -- Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of its payments solutions in Nigeria, West Africa, with the addition of Paga.


Nigeria is West Africa’s most populous and mobile-first market, with a population of 230+ million people, and it’s one of the continent’s fastest-growing gaming economies, projected to exceed $300 million in 2024. Within this gaming ecosystem, digital transfers and mobile money are experiencing a surge.


That’s where the Paga ecosystem comes in. With services like Pay with Paga, Bank Transfers with Paga, and Cash by Paga, Xsolla provides a comprehensive payment solution that caters to diverse needs. Serving more than 20 million users and processing massive volumes nationwide, Paga is one of Nigeria’s largest licensed mobile-money operators. By integrating Paga’s full suite of payment options, players can enjoy seamless transactions, whether through quick in-app purchases, bank transfers, or cash deposits - with instant confirmations and reduced friction for all types of payments.


Key benefits of the Paga integration include:


Instant confirmations, 24/7: With Paga, players can expect instant payment confirmations, creating smoother checkout flows.


Localized experiences: Paga serves over 20 million users, making it a familiar and trusted local wallet for players in the region.


Increased market reach and conversion: Developers can connect with millions of potential customers in Nigeria by offering a payment solution that drives higher checkout completion, fewer card declines and chargebacks, and direct access to a large wallet user base.


“Introducing Paga as a new payment method to players in Nigeria reflects our commitment to meeting players where they are,” said Chris Hewish, President at Xsolla. “Paga’s strong local presence and trusted platform make it easier for Nigerian players to engage confidently, ensuring that convenience and security go hand in hand.”


From Nigeria to the world, Xsolla provides every payment method developers need to grow and monetize their games globally. Local payment methods are crucial, enabling developers to reach every player, increase transaction conversions, and drive more sales and revenue. With Paga in Nigeria, it’s easier than ever to pay, play, and succeed.


To learn more about or activate Paga payments for your game, visit: xsolla.pro/PAGA


About Xsolla


Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game.


For more information, visit xsolla.com


 


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Contacts

Media Contact

Derrick Stembridge

Vice President of Global Public Relations, Xsolla

d.stembridge@xsolla.com


 

Xsolla Integrates MVola as a Payment Method to Enable Instant, Card-Free Payments for Gamers in Madagascar’s Mobile-First Market

 MVola Integration Enhances Payment Accessibility And Supports The Growth Of Madagascar’s Thriving Mobile Gaming Ecosystem


(BUSINESS WIRE) -- Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced that MVola, Madagascar’s number one digital wallet, is now available as a payment option for players across the country.


Madagascar is a fast-growing, mobile-first market of 32 million people, where digital wallets are the primary driver of daily transactions. MVola, recently licensed as a digital bank, has established itself as the leading wallet in the country, with over 10 million users and powering more than 1 billion transactions annually. By adding MVola as a payment method to its portfolio, Xsolla removes the friction of card payments, enabling players to pay seamlessly with a trusted local method they already know and use every day.


Key benefits of the MVola integration include:


Instant confirmations: Players receive real-time payment verification, ensuring a smooth and seamless checkout experience without delays.


No card needed: Payments can be completed directly via MVola, removing the need for cards and simplifying the process for gamers.


Familiar, trusted, and higher conversion rates: Players familiar with a widely recognized local wallet mean reduced friction, increased trust, and higher conversion rates for developers.


“Integrating MVola is a game changer for both players and developers in Madagascar,” said Chris Hewish, President of Xsolla. “It meets users where they already transact daily and provides a seamless, trusted payment experience that drives engagement and growth.”


From Madagascar to the world, Xsolla provides every payment method developers need to grow and monetize their games globally. Local payment methods are key - they ensure developers can reach every player, convert more transactions, and ultimately drive more sales and revenue. Now, with MVola, it’s easier than ever to pay, play, and succeed.


To learn more about or activate MVola payments for your game, visit: xsolla.pro/MVola


About Xsolla


Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game.


For more information, visit xsolla.com


 


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Contacts

Media Contact

Derrick Stembridge

Vice President of Global Public Relations, Xsolla

d.stembridge@xsolla.com


 


Saviynt ouvre son siège social à Dubaï afin de renforcer la sécurité des identités alors que l'adoption de l'IA s'accélère au Moyen-Orient

Un partenariat stratégique avec StarLink, leader dans le domaine de la cybersécurité, élargit l'accès régional à des solutions modernes de sécurité des identités.

(BUSINESS WIRE) -- Saviynt, leader dans le domaine de la sécurité des identités basée sur l'IA, a annoncé aujourd'hui l'ouverture de son nouveau siège régional à Dubaï et un partenariat stratégique avec StarLink, l'un des plus grands distributeurs spécialisés dans la cybersécurité au Moyen-Orient et en Afrique. Cette décision intervient alors que les organisations de la région développent rapidement leurs initiatives en matière de cloud et d'IA, transformant ainsi le paysage de l'identité et intensifiant la demande en matière de gouvernance continue des accès.

Les investissements dans le cloud computing au Moyen-Orient continuent de croître, stimulés par les programmes nationaux de transformation numérique, l'innovation réglementée dans le secteur et l'essor des opérations commerciales assistées par l'IA. Cette expansion a permis à des millions de nouvelles identités d'apparaître en ligne, qu'il s'agisse d'employés, de sous-traitants, d'applications, de charges de travail ou d'appareils connectés. Gérer qui a accès à quoi et s'assurer que cet accès reste approprié est devenu un défi majeur pour les responsables de la sécurité.

« Les entreprises du Moyen-Orient ajoutent chaque mois des milliers de nouvelles identités, mais beaucoup d'entre elles continuent de s'appuyer sur des contrôles d'accès manuels et des outils fragmentés », a déclaré Todd Rotger, directeur des recettes chez Saviynt. « C'est précisément cette lacune qui profite aux pirates informatiques. Nos investissements dans la région ont pour but d'aider nos clients à combler cette lacune et à garder le contrôle avant que le risque ne se transforme en violation. »

Dans le cadre de ce lancement, Saviynt hébergera localement sa plateforme convergée Identity Cloud afin d'aider ses clients à respecter les exigences en matière de résidence des données et de renforcer son soutien aux secteurs réglementés, notamment la banque, l'énergie, les administrations publiques et les télécommunications. Le centre de Dubaï se concentrera sur la réussite des clients, la fourniture de solutions et l'accompagnement des partenaires afin d'accélérer la rentabilisation.

« L'identité devenant le premier rempart de la confiance numérique, les entreprises ont besoin d'un contrôle intelligent et unifié sur toutes les identités présentes sur leur réseau », a déclaré Mahmoud Nimer, président de StarLink. « Saviynt offre cette convergence sans ralentir la transformation. Nous sommes fiers de proposer leur innovation à davantage de clients dans toute la région. »

Cette expansion s'appuie sur la croissance de Saviynt dans les régions EMEA et APJ, notamment grâce à l'ouverture de nouveaux bureaux et à la mise en place d'une direction à Singapour, Londres, Amsterdam, en Allemagne, dans la péninsule ibérique et en Pologne, ainsi qu'à la poursuite des investissements dans son centre d'innovation en Inde. Saviynt a récemment été désignée pour la quatrième année consécutive « Choix des clients 2024 Gartner® Peer Insights™ » dans le domaine de la gouvernance et de l'administration des identités.

Pour plus d'informations sur Identity Cloud de Saviynt, veuillez consulter le site web.

À propos de Saviynt

Saviynt permet aux entreprises de sécuriser leur transformation numérique, de protéger leurs actifs critiques et de se conformer aux exigences réglementaires. Animée par la volonté d’offrir un avenir sûr et conforme à toutes les entreprises, Saviynt est reconnue comme un leader du secteur de la sécurité des identités, dont les solutions de pointe protègent les plus grandes marques du monde, les entreprises du Fortune 500 ainsi que des organisations gouvernementales. L’entreprise a récemment lancé Saviynt University afin de réduire le déficit de compétences en cybersécurité et en gestion des identités, en proposant des programmes gratuits de formation et de certification, avec un accent particulier sur les professionnels en Inde.

Pour en savoir davantage, veuillez vous rendre sur www.saviynt.com.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20251202241195/fr/



Contacts

Personne-ressource pour les médias
Heera Kang
heera.kang@saviynt.com


LambdaTest Elevates Mudit Singh to Co-Founder as the Company Accelerates Its Next Phase of Growth

 


NOIDA, India & SAN FRANCISCO - 

Strengthening leadership as LambdaTest accelerates its next phase of AI-powered testing innovation and enterprise growth


 


(BUSINESS WIRE)--LambdaTest, a leading GenAI-native quality engineering platform, today announced the promotion of Mudit Singh to Co-Founder. This move recognizes his contributions in shaping the company's growth, strengthening its global brand, and driving product adoption across key markets.


Mudit joined LambdaTest in 2017 and has been instrumental in building the company's marketing engine, product-led growth initiatives, and community programs. Under his leadership as Head of Marketing and Growth, LambdaTest expanded its enterprise footprint, launched high-impact campaigns, and became a trusted partner for thousands of development and QA teams worldwide.


"Mudit has been part of LambdaTest's story since the early days. His elevation to Co-Founder recognizes the impact, ownership, and leadership he has demonstrated throughout our journey," said Asad Khan, CEO & Co-Founder, LambdaTest. "He has been critical to our growth, from building teams and culture to driving our brand and market expansion. As we accelerate into AI-augmented testing, Mudit's vision and drive will be central to LambdaTest's next chapter."


As Co-Founder, Mudit will shape LambdaTest's long-term vision of building the world's most reliable and intelligent test execution platform. He will drive strategic growth across brand, partnerships, and global expansion while deepening the company's focus on AI-led innovation. His new responsibilities include strengthening LambdaTest's leadership as the industry shifts toward autonomous testing and intelligent orchestration.


LambdaTest continues to advance its platform with AI-augmented test execution, intelligent debugging, and deeper enterprise integrations. As organizations modernize their quality engineering practices, LambdaTest is investing in scaling its enterprise capabilities, expanding global reach, and building infrastructure for the next generation of digital experience assurance.


About LambdaTest


LambdaTest is a GenAI-powered Quality Engineering Platform that empowers teams to test intelligently, smarter, and ship faster. Built for scale, it offers a full-stack testing cloud with 10K+ real devices and 3,000+ browsers.


With AI-native test management, MCP servers, and agent-based automation, LambdaTest supports Selenium, Appium, Playwright, and all major frameworks. AI Agents like HyperExecute and KaneAI bring the power of AI and cloud into your software testing workflow, enabling seamless automation testing with 120+ integrations.


LambdaTest Agents accelerate your testing throughout the entire SDLC, from test planning and authoring to automation, infrastructure, execution, RCA, and reporting.


For more information, please visit https://lambdatest.com


 


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Contacts

press@lambdatest.com


 

Arthur D. Little and Vega IT Unveil Joint Venture for Digital Innovation

 


NEW YORK - 

(BUSINESS WIRE)--Arthur D. Little (ADL) and Vega IT today announced the formation of Axceler8 Solutions, a 50/50 joint venture created to design, develop, and operate a portfolio of digital and AI solutions aimed at improving efficiency and automating complex business processes. The launch of this new company is the direct outcome of a year of successful collaboration between the two firms and marks a new phase in their shared ambition to bring scalable, high-performance digital solutions to market, aiming to further augment their clients’ capacity to compress time to impact in a variety of domains.


Axceler8 Solutions’ first product, Axceler8 Rx, is now live as a newly developed platform, and is a cloud-based application designed for pharmaceutical sponsors to accelerate clinical trial design, optimize country and site selection, and simulate patient enrolment. It combines ADL’s proprietary clinical trial IP and domain expertise with Vega IT’s software engineering capabilities and global experience in delivering innovative digital solutions in the healthcare sector. Key modules already delivered cover trial site selection, site activation, enrolment forecasting and an overall dashboard to visualize all aspects of clinical trial progress.


The underlying Axceler8 Rx platform is built on a modular, sector-agnostic architecture, enabling rapid development of future applications. This flexible foundation is designed to scale, supporting clients as they tackle evolving digital challenges. The two firms will work together to ensure a seamless global rollout of the platform, from providing consulting and commercialization expertise to systems integration and managed services.


Ignacio Garcia Alves, Chairman and CEO at Arthur D. Little, comments, "Axceler8 Solutions represents the next step in our partnership with Vega IT, one that turns powerful ideas into high-performance platforms. Together, we are bringing speed, scale, and intelligence to sectors that need it most, starting with life sciences."


Sasa Popovic, CEO of Vega IT, adds, "Axceler8 Solutions is built for scale, speed, and impact. Our goal is to turn complexity into clarity for our clients, delivering smart, sector-ready solutions through a flexible, reusable platform."


Philippe Mauchard, Chief Bridge Officer at Arthur D. Little concludes, "This joint venture is an important milestone in our Open Consulting strategy, strengthening our ability to equip clients for faster impact in AI and digital, through a set of complementary partnerships with leading organizations such as Vega IT.”


NOTES TO EDITORS


About Arthur D. Little


Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We navigate our clients through changing business ecosystems to uncover new growth opportunities. We enable our clients to build innovation capabilities and transform their organizations. Our consultants have strong practical industry experience combined with excellent knowledge of key trends and dynamics. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations.


Visit the website here: https://axceler8solutions.com/


About Vega IT


Vega IT is a digital product development and system integration partner with over 900 experts, delivering cutting-edge solutions that shape industries and drive businesses forward.


Vega IT's expertise spans 15+ industries, including finance, insurance, healthcare, and retail. With 2000+ successfully delivered projects, the company has made an impact across Europe, the USA, and the Middle East, helping clients achieve their digital transformation goals.


With development centers in Novi Sad, Zrenjanin, Belgrade, Nis, and Podgorica, as well as strategic offices in New York, London, and Riyadh, the company is actively expanding its global footprint, bringing world-class software solutions closer to its partners.


At the heart of Vega IT lies a vision to build a company that leads through innovation, deep domain expertise, and a relentless pursuit of excellence. The company does not just write code – it engineers success, transforms businesses, and creates meaningful digital experiences.


Visit the website here: https://www.vegaitglobal.com/


 


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Contacts

Media Contact:

Cate Bonthuys

Catalyst Comms

+44 7715 817589

bonthuys.cate@adlittle.com


For further information, please visit www.adlittle.com and Software Development Company | Vega IT


 

Friday, December 5, 2025

AmTrust Financial Services and Blackstone Credit & Insurance Close Strategic Transaction and Launch Newly Formed Multinational MGA Company Named ANV Group Holdings Ltd.

 NEW YORK - Friday, 05. December 2025 AETOSWire 


Strategic Transaction Unlocks Value for AmTrust and Positions ANV Group Holdings for Accelerated Growth


Former AmTrust President Adam Karkowsky Leading ANV Group Holdings as Chairman and CEO


 


(BUSINESS WIRE)--AmTrust Financial Services, Inc. (“AmTrust” or the “Company”), a global specialty property casualty insurer, and Blackstone Credit & Insurance (“BXCI”), today announced the closing of a strategic transaction under which AmTrust and funds managed by BXCI have partnered to spin-off certain of AmTrust’s Managing General Agencies (“MGAs”) and fee-based businesses in the U.S., United Kingdom, and Continental Europe, into ANV Group Holdings Ltd. (“ANV”), a newly formed independent company, following receipt of regulatory approvals.


AmTrust and ANV have entered into a ten-year capacity agreement through which AmTrust will remain the underwriter for the existing books of business offered through the MGAs. As previously announced on September 15, 2025, the agreement includes seven AmTrust subsidiaries: ANV Specialty, Risico, Collegiate, ANV Nordic, Arc Legal, Qualis, and Abacus. These businesses provide diverse risk and insurance coverages including cyber excess and surplus (E&S), directors and officers (D&O), transaction risk insurance, professional indemnity, legal expense, mortgage and structured credit, warranty, agricultural workers’ compensation, income protection, accident and health (A&H), and residential and commercial niche property.


Adam Karkowsky has assumed the role of Chairman and CEO of ANV following nearly 15 years of leadership positions at AmTrust, where he most recently served as President. Additional members of the ANV leadership team include Joseph Brecher, Chief Financial Officer (formerly SVP, Head of Alternative Investments at AmTrust), Jacob Decter, Chief Operating Officer (formerly Chief Strategy Officer, Global Fee Businesses, and Head of Mergers & Acquisition and Corporate Development, at AmTrust), and Aaron Basilius, Head of MGAs US (formerly SVP Cyber at AmTrust).


“We are very pleased to have successfully closed this transaction in partnership with Blackstone to further build upon the strong foundation of this global MGA platform,” said Barry Zyskind, Chairman and Chief Executive Officer, AmTrust. “Under the leadership of Adam, I look forward to ANV achieving new levels of profitable portfolio growth and continuing to provide strong underwriting and service. We will continue to work with ANV and participate in its future success, through our significant retained equity interest.”


Adam Karkowsky, Chairman and CEO of ANV, said, “With the launch of an independent, diversified multinational MGA platform built on deep insurance expertise and years of history together, ANV is well-positioned to create meaningful growth and long-term value with continued support from our partners, AmTrust and Blackstone. We have a talented team across the U.S., UK, and Europe, delivering outstanding services to our brokers, partners and clients.”


About AmTrust Financial Services, Inc.


AmTrust Financial Services, Inc. is a leading specialty insurer recognized for its innovative solutions and commitment to service, serving more than 60 countries worldwide. For more information about AmTrust, visit http://www.amtrustfinancial.com.


About ANV Group Holdings Ltd.


ANV Group Holdings Ltd. (“ANV”) is a leading managing general agency platform which writes a diversified mix of specialty, affinity and wholesale insurance products in the United, States, United Kingdom, and Europe. With deep industry experience and a history of profitable growth, ANV acquires and scales MGAs and incubates and develops new offerings. Its differentiated underwriting expertise delivers outstanding solutions and service.


 


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Contacts

AmTrust Financial Services and ANV Group Holdings


Mairi Mallon

mairi.mallon@rein4ce.co.uk

+44 (0)7843 076533


Cathy Loos

amtrust@ketchum.com

1 212 729 3753

Board Recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software for Fourth Consecutive Year

 BOSTON - Friday, 05. December 2025


Fourth consecutive placement reflects Board’s Completeness of Vision and Ability to Execute


(BUSINESS WIRE) -- Board, the leading Enterprise Planning Platform, today announced that it has been named a Leader in the 2025 Gartner® Magic Quadrant™ for Financial Planning Software. This marks the fourth consecutive year the company has been positioned in the Leaders quadrant.


The Board Enterprise Planning Platform integrates planning processes across the enterprise, enabling strategic, financial, and operational planning with near-real-time analysis and data sharing. Board’s unified approach to planning has driven strong adoption across financial and operational planning in the manufacturing, consumer packaged goods (CPG) and retail sectors.


“We are proud to once again be named a Leader in the Gartner Magic Quadrant for Financial Planning Software,” said Jeff Casale, CEO of Board. “To Board, this recognition reflects our continued commitment to helping organizations unify strategic, financial, and operational planning within a single platform, and empower teams to plan continuously, make confident decisions and outperform in an ever-changing world.”


A key innovation within the Board platform is Flex Grid, a next-generation interface that delivers self-service planning and analysis through reimagined data visualization, calculation and dashboarding. The Flex Grid environment provides intuitive formulas and dashboarding functionalities, enabling both bottom-up and top-down planning at scale. Users can work with large data volumes, perform detailed forecasting, and run scenario modelling with speed and precision in a familiar, Excel-like interface.


Looking ahead, Board’s product roadmap includes persona-based, use-case specific intelligent agents designed to act as collaborative partners with deep domain expertise across roles such as FP&A, Controllership, Merchandising, and Supply Chain Planning. Rather than offering a single generic AI agent, Board plans to provide a network of role-specific agents that can independently perform tasks with minimal guidance. These agents are native to the Board platform, leveraging the same data model, business hierarchies, and calculations that their customers use daily.


“What we’re building is more than another AI feature,” said David Marmer, SVP of Product at Board. “We see this as an evolution in how organizations plan, decide, and act, providing a family of role and use case-specific agents working alongside humans to enable more continuous, intelligent, and trusted planning.”


Access a complimentary copy of the full Gartner report on the Board website.


[1] Gartner, Magic Quadrant for Financial Planning Software, By Regina Crowder, Sid Sahoo, Mike Lashinsky, 1 December 2025.


Gartner Disclaimer:


GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.


Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.


About Board


Board is the Enterprise Planning Platform built to accelerate business performance, enable continuous planning, and drive confident, aligned decisions. It powers more accurate forecasts with real-time visibility into enterprise and external data. It unifies finance and operations with a single source of the truth. And with AI-augmented experiences for every role, teams can continuously make smarter decisions for predictable, profitable business outcomes. That’s why visionary global brands including H&M, BASF, Burberry, Toyota, Coca-Cola, HSBC, and thousands more trust Board to navigate complex markets with confidence. For more information, visit www.board.com.


 


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Contacts

Jennie Olean

Jolean@board.com


 

GoWit One: The Unified AI Operating System Set to Revolutionize Commerce & Retail Media

 WPP Turkey has been selected as a pilot partner to deploy GoWit One, cutting campaign setup time to 10 minutes.


(BUSINESS WIRE) -- GoWit, a global AdTech leader in omnichannel Commerce and Retail Media, announced the launch of GoWit One, the unified AI operating system that brings automation, unification, and real-time intelligence into a single ad platform for agencies operating across multiple retailers, channels, and markets.


By bringing these three elements into one dashboard, GoWit One addresses the industry's most critical bottleneck: operational inefficiency. The platform enables agencies to manage campaigns across multiple retailers, channels, and markets, reducing manual AdOps workflows by 98%, turning a process that used to take hours into as little as 10 minutes.


Solving the “Fragmentation Crisis”


Despite the explosive growth of Retail Media, the industry faces a significant hurdle. According to the IAB, 70% of the market still lacks end-to-end AI adoption. Media buyers are currently forced to juggle disconnected networks, compliance rules, and dashboards, leading to manual errors and an inability to scale.


GoWit One eliminates these barriers by serving as a command center. It connects GoWit’s established infrastructure, linking 7,000+ brands with top retailers across 20+ EMEA markets.


Rapid Execution: Automated workflows that replace manual data entry.


Unified Intelligence: A single view of performance across on-site, off-site, and in-store formats.


AI-Guided Compliance: Real-time checks on formats, specs, and pricing to prevent launch delays.


GoWit One: A New Era of AI-Driven AdOps


“By putting AI at the core of AdOps, we’re enabling agencies to reclaim time, eliminate inefficiency, and scale smarter than ever before,” said Emrah Adsan, CEO of GoWit.


“GoWit One brings together automation, multi-retailer unification & real-time intelligence. Backed by our deep presence across EMEA, we’re delivering the connected AI layer agencies have been waiting for; one system to plan, activate, and optimize campaigns across all retailers and markets.”


Strategic Partnership with WPP Media


As the world’s largest creative transformation company and a global leader in media investment, WPP defines the standards for media excellence. In a move that validates the platform’s capabilities, GoWit has selected WPP Media Turkey as its exclusive pilot agency partner.


Evren Gülyaşar, Managing Director for Commerce at WPP Media Turkey, commented:


“GoWit One sets a new benchmark for how agencies operate in commerce and retail media. For the first time, our teams can manage multi-retailer and multi-market campaigns end-to-end, from creation to optimization, in a single AI-driven ecosystem. This platform removes operational bottlenecks and fragmentation, giving us the speed and precision effectively required to lead in this space. It is the transformative infrastructure the industry has been waiting for, empowering us to scale smarter and deliver stronger business outcomes for our clients.”


About GoWit


GoWit is a leading AdTech provider building EMEA’s largest AI-powered Commerce and Retail Media Network. Combining best-in-class technology with demand-side expertise, GoWit enables retailers, brands, and agencies to maximize ad monetization and relevance through omnichannel activation.


 


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Contacts

GoWit

Begench Soyunov

begench@gowit.com

Northern Escape Heli-Skiing Takes the Title of “World’s Best Heli-Ski-Operator” for the 4th Year Running

 4x World’s Best Heli-Skiing Operation near Terrace, BC


(BUSINESS WIRE) -- Northern Escape Heli-Skiing (NEH) has been named World’s Best Heli-Ski Operator 2025 by the World Ski Awards, marking its fourth straight victory following years 2022, 2023 and 2024. This recognition places NEH amongst an elite group of ski tourism operators consistently voted best in the world by industry leaders and enthusiasts alike.


This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251204074550/en/


A four-year run built on reliability


NEH operates in British Columbia’s Skeena Mountains, where deep northern snow and vast terrain come together with small-group heli-skiing and heli snowboarding. When helicopters can’t safely fly, NEH has cat skiing readily available as a backup — an exceedingly rare offering in this industry. The operation spans over 833,571 wild acres of alpine bowls, glaciers and old-growth tree skiing.


The NEH experience


Guests choose from three lodge formats designed for different group styles and expectations:


Yellow Cedar Lodge: four groups of up to 4 guests share two helicopters and stay in a rustic mountain lodge.


Mountain Lodge: two groups of five guests sharing one helicopter at a fly-in contemporary chalet.


Skeena Spey Private: one group, one helicopter, and a fully custom schedule in luxurious, private lodging with a dedicated culinary team, massage therapist, and concierge.


Across all experiences, guests enjoy NEH’s signature combination of culinary excellence, reliable snowpack, and cat-ski backup with unlimited vertical access.


“Northern Escape was one of the best experiences of my life.”


— Janelle Yip, Pro Skier


Season and access


NEH’s operating season runs mid-December to mid-April, with peak storm-cycle powder typically from late December through late January. Travellers reach Terrace, BC (YXT) via a short flight from Vancouver, followed by a quick transfer via shuttle or helicopter.


About the World Ski Awards


The World Ski Awards celebrates excellence across the global ski industry, determining winners through votes cast by tour operators, media, professionals and the public. NEH’s consecutive wins reaffirm its position in the top tier of international ski operators.


Explore the award-winning experience


The 2025-26 season is selling out quickly, so plan now if you want to try the World’s Best Heli-Ski experience this winter. Package details, lodge overviews, and bookings are available at neheliskiing.com.


Northern Escape Heli-Skiing is respectfully operating in the traditional territories of the Kitsumkalum and Kitselas Nations.


 


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Contacts

John Forrest, President and General Manager, john@neheliskiing.com


 

Energy Vault Secures Swiss Market Entry with Signed B-VAULT™ Deployment Contracts for Schindler and Energie Wettingen Projects, Launch of FlexGrid Product for Urban and Utility Applications

 Energy Vault signs two B-VAULT™ contracts in the Swiss market for projects with Schindler Aufzüge AG and Energie Wettingen, marking the launch of Energy Vault’s B-Vault™ FlexGrid program designed for commercial and industrial (C&I) customers

Switzerland is a cornerstone of Energy Vault’s European strategy, with the company moving decisively to expand its presence with multiple projects per year as part of a broader European growth strategy

Integration with CKW’s Flexpool flexibility market set to enable participation in frequency regulation, voltage control, and reactive power markets

The Schindler FlexGrid-enabled B-VAULT system is operating and qualified by Swissgrid


(BUSINESS WIRE)--Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault" or the "Company"), a global leader in grid-scale energy storage solutions, today announced its formal entry into the Swiss market with the launch of FlexGrid, a product designed for C&I customers based on a new configuration of its B-VAULT battery energy storage system (BESS) platform that is engineered for 2-25 MW industrial, commercial, and small-utility applications. The launch of FlexGrid is anchored by agreements with Schindler Group and Energie Wettingen AG, which together mark a key milestone in the Company’s strategy to enable distributed, flexible, and community-integrated energy storage infrastructure across Switzerland and Europe.

“With the launch of B-VAULT FlexGrid, we are introducing a compact, modular, easy-to-install, and regulation-ready platform tailored for Europe’s evolving energy landscape,” said Gianmarco Zorloni, Director of Business Development at Energy Vault. “The combination of the Schindler and Wettingen projects illustrates our ability to serve both industrial customers and municipal utilities with a common technology base that adapts to diverse site conditions, from dense urban settings to utility-scale networks. These installations embody what B-VAULT FlexGrid was designed to do: deliver compact, compliant, and intelligent energy storage where it’s needed most, without compromise on performance or community impact. We look forward to continued expansion in the European market as we seek to address the continent’s evolving energy demands.”

At Schindler Group’s global headquarters in Ebikon (Canton of Lucerne), Energy Vault has deployed a 2 MW/2-hour B-VAULT FlexGrid system, the company’s first installation in Switzerland. The project transforms a repurposed fire department depot into a high-tech energy storage hub, supporting Schindler’s corporate sustainability and decarbonization goals. Located within 30 meters of residential buildings, the installation demonstrates how industrial-scale energy storage can safely operate in urban and semi-urban environments. The system incorporates custom acoustic silencers, advanced noise attenuation, and reactive power compensation, ensuring quiet operation, grid stability, and voltage optimization for both Schindler’s manufacturing campus and the surrounding community. The deployment is supported by a 10-year service and maintenance agreement, reflecting both companies’ long-term commitment to reliability and sustainable operations.

Delivered at the beginning of October, the system was fully installed, commissioned, and Swissgrid-qualified in less than four weeks, underscoring Energy Vault’s ability to deliver turnkey systems rapidly and reliably. Schindler selected Energy Vault’s B-VAULT FlexGrid platform for its compact footprint, regulatory readiness, and advanced safety and monitoring capabilities.

“Energy Vault’s solution met our technical, operational, and sustainability requirements from day one,” said Herbert Stadelmann, Head Real Estate & Facility Management at Schindler Aufzüge. “The system’s quiet operation and seamless integration with our solar generation make it a benchmark project for sustainable industrial operations in Switzerland.”

Partnering with Energie Wettingen AG, an independent public utility northwest of Zurich, Energy Vault has also signed an agreement for the supply of an 8 MW/2-hour B-VAULT FlexGrid system designed for stacked, high-density deployment. The Wettingen project features a two-level stacked configuration that doubles energy and power capacity within a limited footprint, achieving 8 MW of installed power for a 2-hour solution in less than 50 square meters. Integrated with VaultOS™, Energy Vault’s proprietary energy management platform, the system will provide system services for Swissgrid, optimize local grid operations, and enable renewable expansion for the municipality.

“We chose the B-VAULT FlexGrid platform from Energy Vault because of its proven product, its modularity, and its seamless integration into our grid,” said Louis Lutz, CEO of Energie Wettingen AG. “This project helps to stabilize the electricity grid in Switzerland and to optimize the management of our own energy and power capacity in Wettingen.”

Both projects will operate under CKW’s Flexpool, Switzerland’s most advanced and diversified flexibility network.

Managed by CKW Group (part of Axpo Group), the Flexpool platform aggregates more than 1,700 assets, 15 technologies, and over 1,000 MW of qualified capacity, making it the largest of its kind in Switzerland. Through Flexpool, Energy Vault’s B-VAULTTM FlexGrid systems will trade frequency regulation, voltage stabilization, and peak-shaving services, contributing directly to Swissgrid’s ancillary markets and to national grid resilience. Before delivery, Energy Vault and CKW conducted advanced testing of the digital interface linking CKW’s Flexpool platform with Energy Vault’s VaultOS™ Energy Management System (EMS). The integration enables real-time monitoring, automated dispatch, and seamless data exchange between Energy Vault’s systems and the Flexpool platform’s aggregation network.

Energy Vault’s entry into Switzerland is supported by the establishment of a regional service and logistics center in Central Switzerland, supporting deployments and after-sales service across the EMEA region. Energy Vault’s Swiss market approach is built around a repeatable, capital-efficient model focused on compact projects, short development cycles, and attached service agreements that generate recurring revenues and long-term asset reliability.

The company’s global B-VAULT™ portfolio now exceeds 2 GWh of deployed or contracted systems, spanning Europe, North America, and Asia, and is complemented by Energy Vault’s gravity and hydrogen storage platforms for multi-duration energy applications.


About Energy Vault

Energy Vault® develops, deploys and operates utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage. The Company's comprehensive offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases delivering safe and reliable energy system dispatching and optimization. Each storage solution is supported by the Company’s technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short, long and multi-day/ultra-long duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Since 2024, Energy Vault has executed an “Own & Operate” asset management strategy developed to generate predictable, recurring and high margin tolling revenue streams, positioning the Company for continued growth in the rapidly evolving energy storage asset infrastructure market. Please visit www.energyvault.com for more information.


About Schindler Aufzüge AG

The Schindler Group is a globally active provider of mobility solutions. It supplies elevators, escalators, and associated services in the field of vertical transportation. With operations in more than 100 countries, Schindler is committed to safety, innovation, and sustainability in urban mobility solutions. The company combines engineering, innovation, digitalization, and service excellence to modernize and operate millions of installations worldwide, contributing to efficient and sustainable buildings.


About Wettingen Energie AG

Energie Wettingen AG is wholly owned by the municipality of Wettingen. Its main task is the safe and reliable supply of Wettingen with electricity and drinking water. It supplies more than 13,000 customers in Wettingen. It is deeply rooted in the region. As an energy service provider, it supports its customers on their path toward an environmentally friendly and resource-conserving future.


About CKW

The CKW Group is part of the Axpo Group and a leading Swiss provider of integrated energy and building technology solutions. For 130 years, the company has been supplying climate-friendly electricity and district heating to its now over 200,000 end customers from the cantons of Lucerne and Schwyz. In addition, it offers innovative products and services throughout Switzerland in the areas of grid construction, electrical engineering, photovoltaics, heat technology, e-mobility, building automation, ICT solutions and security. The CKW Group has more than 2,200 employees throughout Switzerland, including around 350 apprentices in 15 professions. It is the largest private sector trainer of apprentices in central Switzerland.


Forward-Looking Statements

This press release includes forward-looking statements that reflect the Company’s current views with respect to, among other things, the Company’s operations and financial performance, including the future revenue and profitability projections, the availability of future draws under the OIC preferred stock commitment to Asset Vault, the timeline to deploy Asset Vault capital, the structure of Asset Vault, and the cost per kilowatt hour achievable by Energy Vault. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These statements often include words such as “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,” “project,” “forecast,” “estimates,” “targets,” “projections,” “should,” “could,” “would,” “may,” “might,” “will” and other similar expressions. We base these forward-looking statements or projections on our current expectations, plans, and assumptions, which we have made in light of our experience in our industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at the time. These forward-looking statements are based on our beliefs, assumptions, and expectations of future performance, taking into account the information currently available to us. These forward-looking statements are only predictions based upon our current expectations and projections about future events. These forward-looking statements involve significant risks and uncertainties that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the failure to execute definitive agreements or meet conditions for future funding draws, changes in our strategy, expansion plans, customer opportunities, future operations, future financial position, estimated revenues and losses, projected costs, prospects and plans; the uncertainty of our awards, bookings, backlog, timing of permits and developed pipeline equating to future revenue; the lack of assurance that non-binding letters of intent and other indication of interest can result in binding orders or sales; the possibility of our products to be or alleged to be defective or experience other failures; the implementation, market acceptance and success of our business model and growth strategy; our ability to develop and maintain our brand and reputation; developments and projections relating to our business, our competitors, and industry; the ability of our suppliers to deliver necessary components or raw materials for construction of our energy storage systems in a timely manner; the impact of health epidemics, on our business and the actions we may take in response thereto; our expectations regarding our ability to obtain and maintain intellectual property protection and not infringe on the rights of others; expectations regarding the time during which we will be an emerging growth company under the JOBS Act; our future capital requirements and sources and uses of cash; the international nature of our operations and the impact of war or other hostilities on our business and global markets; our ability to obtain funding for our operations and future growth; our business, expansion plans and opportunities and other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on April 1, 2025, as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov. New risks emerge from time to time, and it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and is expressly qualified in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable laws. You should not place undue reliance on our forward-looking statements.


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Contacts

Energy Vault Contacts

Investors

energyvaultIR@icrinc.com


Media

media@energyvault.com

Galderma Opens up New Chapter for Sculptra® with MDR Certification and New Expanded Indication for Body

ZUG, Switzerland - Friday, 05. December 2025


Sculptra®, the first proven regenerative biostimulator, has received European Union (EU) Medical Device Regulation (MDR) certification, expanding its current clinical application for the face to include gluteal area, posterior thighs, décolletage, and upper arms1

Studies investigating the efficacy of Sculptra on areas beyond the face show patients experienced progressive improvements in skin quality (including the improvement in cellulite appearance), firmness, lift, projection, and contour

Sculptra’s versatility and new indication allow practitioners to shift patient treatment goals beyond rejuvenation toward enhancement, meeting evolving patient needs

The certification validates Sculptra’s safety performance, efficacy, and quality, reinforcing Galderma’s commitment to innovation and meeting evolving patient needs

 


(BUSINESS WIRE) -- Galderma (SIX: GALD), the pure-play dermatology category leader, today announced the certification of Sculptra for body indications in the European Union (EU) following its certification under the EU Medical Device Regulation (MDR). This expands Sculptra’s current clinical use on the face, to include four new areas: gluteal area, posterior thighs, décolletage, and upper arms. Sculptra can be used across these areas to address varied treatment goals – from improving skin quality (including the improvement in cellulite appearance), to enhancing firmness, as well as lift, projection, and contouring.1-5 Sculptra’s versatility allows practitioners to meet each patient’s unique needs, delivering natural-looking, long-lasting improvements across face and body.


Meeting the moment: evolving patient needs


As aesthetic expectations shift, patients are seeking more holistic treatment approaches that address the body as well as the face. Nine out of ten women report aesthetic concerns beyond the face, including skin laxity, volume loss, and cellulite.6 The gluteal silhouette, in particular, is a focal point of beauty and confidence, with growing demand for non-surgical treatments that enhance its shape and definition.7 Sculptra’s regenerative effects on collagen and elastin as well as its ability to restore skin quality (including the improvement in cellulite appearance), firmness, lift, projection, and contour make it uniquely suited to meet these evolving needs.1-5,8-12


 


“Sculptra’s new and expanded indications mark an important evolution in how we approach aesthetic medicine – moving from facial rejuvenation to full-body restoration. With its proven ability to improve firmness, volume, and skin quality beyond the face, this certification empowers us to treat our patients more holistically, combining science, artistry, and confidence in a truly individualized way.”


 


FLAVIA RADKE, M.D.


PLASTIC SURGEON


VITA AESTHETICA, GERMANY


 


 


In studies focused on areas such as the gluteal area, posterior thighs, décolletage, and upper arms, patients treated with Sculptra experienced progressive improvements in skin quality (including the improvement in cellulite appearance), firmness, lift, projection, and contour.2-5 Improvements were visible as early as one month after treatment and studies showed that:


In the buttocks, 84% of patients were rated as having “improved” or more by physicians using the Global Assessment of Improvement Scale at six months and 96% reported high satisfaction3


In the thighs, visible improvements were seen as early as one month after treatment, and, at one year, 100% of patients noted visual improvements, and 93% reported reduced sagginess, with 97% of patients expressing they were satisfied with the appearance of their thighs and 83% indicating they would choose to do it again4


In the décolletage, 13% of patients saw a reduction in wrinkling at Month 1 and wrinkle severity visibly decreased in 93% of patients by Month 9. More than 80% of patients were satisfied with the improved quality (including texture and firmness) of their skin2


In the upper arms, visible improvement in skin firmness and quality was seen just two months after a three-session treatment and patients were satisfied with the treatment5


 


“The certification of Sculptra for body indications in the EU marks an exciting evolution in injectable aesthetics. With these new body indications extending Sculptra's trusted profile beyond the face, we are empowering practitioners to deliver natural-looking, long-lasting results across broader treatment areas, reinforcing Galderma’s commitment to innovation and holistic patient care.”


 


FLEMMING ØRNSKOV, M.D., MPH


CHIEF EXECUTIVE OFFICER


GALDERMA


 


 


The broadest aesthetics portfolio backed by science, reinforcing Galderma’s commitment to continuous innovation and regulatory excellence


The EU MDR certification is part of Galderma’s broader MDR transition strategy, which encompasses its full portfolio of aesthetic injectables, such as its Restylane® hyaluronic acid injectables, and dermatological devices. It confirms that Sculptra meets the highest standards of safety, performance, and quality under the updated regulatory framework. While this milestone supports Sculptra’s certification for body indications, it also reinforces Galderma’s broader commitment to delivering innovative, safe and science-backed solutions across its aesthetics portfolio.


First approved in the EU in 1999, Sculptra pioneered a new approach to volume restoration by stimulating the body’s own collagen production.1,13,14 Over the past 25 years, it has evolved into a versatile treatment that delivers regenerative benefits across all three skin layers, making it the first proven regenerative biostimulator. With its expanded indication, Sculptra brings its trusted efficacy to the body, offering patients and practitioners a new opportunity to achieve holistic, full-body aesthetic care.


This material refers only to the product certified under Regulation (EU) 2017/745 (MDR). Legacy versions of the product remain available. For full product information and the Instructions for Use (IFU), visit: https://www.galderma.com/sites/default/files/2025-12/IFU_Sculptra_MDR.pdf


About Sculptra

Sculptra is the first proven regenerative biostimulator, with a unique poly-L-lactic acid (PLLA-SCA™) formulation, to provide, progressive, and sustained regenerative effect across all three skin layers.1,10-16 Sculptra reverses aging processes in the skin, including degradation of the extracellular matrix, which results in volume loss, laxity, and the appearance of wrinkles.1,10,11,17-19 Sculptra progressively rebuilds the skin’s structural foundation by encouraging the remodeling of components of the extracellular matrix, such as elastin and collagen, helping to gradually restore volume, firmness, radiance and skin quality, and the look of fullness to wrinkles and folds over time.1-5,10,11,20 Sculptra has been shown to provide visible improvements as early as one month after treatment, with results lasting up to two years.1,4,9,15,20


About Galderma

Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body’s largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.


Sculptra®. EU Instructions for Use. 2025. Available online. Accessed December 2025.


Galderma. Data on File (MA-57540).


Nikolis A, et al. A Prospective, Multicenter Trial on the Efficacy and Safety of Poly-L-Lactic Acid for the Treatment of Contour Deformities of the Buttock Regions. J Drugs Dermatol. 2022;21(3):295–303.


Beleznay K, et al. Safety and Effectiveness of Poly-L-lactic acid (PLLA-SCA) for the Improvement in Appearance of Cellulite – A Pilot Study. Poster presented at the IMCAS World Congress; February 1-3, 2024; Paris, France.


Mazzuco R, et al. Clinical and Histological comparative outcomes after injections of Poly-L-Lactic Acid and Calcium Hydroxyapatite in arms – a split side study. J Cosmet Dermatol. 2022;21(12): 6727–6733.


IFOP for NSH - Skin Quality Concerns - September 2019.


De la Peña JA, et al. History of gluteal augmentation. Clin Plast Surg. 2006 Jul;33(3):307-19.


Galderma. Date on File (MA-60875).


Goldberg D, et al. Single-arm study for the characterization of human tissue response to injectable poly-L-lactic acid. Dermatol Surg. 2013;39(6):915–922.


Waibel J, et al. Bulk RNA-seq Analysis of Poly-L-Lactic Acid (PLLA-SCA) vs Calcium Hydroxyapetite (CaHA-R) Reveals a Novel, Adipocyte Mediated Regenerative Mechanism of Action Unique to PLLA. Poster presented at ASDS 2024 Annual Meeting; October 17-20, 2024; Orlando, Florida, United States.


Waibel J, et al. Gene Analysis of Biostimulators: PLLA-SCA Triggers Regenerative Morphogenesis while CaHA-R Induces Inflammation upon Facial Injection. Poster presented at ASDS 2024; October 17-20, 2024; Orlando, Florida, United States.


Huth S, et al. Molecular Insights into the effects of PLLA_SCA on Gene Expression. J Drugs Dermatol. 2024;23(4):285–288.


Galderma. Data on File (MA-46589).


Vleggaar D, et al. Consensus recommendations on the use of injectable poly-L-lactic-acid for facial and nonfacial volumization. J Drugs Dermatol. 2014;13(4 Suppl):s44–s51.


Widgegrow J, et al. A randomized, comparative study describing the gene signatures of poly-l-lactic acid (PLLA-SCA) and calcium hydroxylapaptite (CaHA) in the treatment of nasolabial folds). Poster presented at IMCAS World Congress; February 1-3, 2024. Paris, France.


Duracinsky M, et al. Safety of poly-L-lactic acid (New-Fill®) in the treatment of facial lipoatrophy: a large observational study among HIV-positive patients. BMC Infect Dis. 2014;14(474).


Zhang S and Duan E. Fighting against Skin Aging: The Way from Bench to Bedside. Cell Transplant. 2018;27(5):729–738.


Shuster S, et al. The influence of age and sex on skin thickness, skin collagen and density. Br J Dermatol. 1975;93(6):639-43.


Zarbafian M, et al. The emerging field of regenerative aesthetics—where we are now. Dermatol Surg. 2022;48:101–108.


Fabi S, et al. 24-month clinical trial data on effectiveness and safety after correction of cheek wrinkles using a biostimulatory poly-L-lactic acid injectable implant. Poster presented at IMCAS World Congress; January 26-28, 2023; Paris, France.


 


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Contacts

For further information:


Christian Marcoux, M.Sc.

Chief Communications Officer

christian.marcoux@galderma.com

+41 76 315 26 50


Richard Harbinson

Corporate Communications Director

richard.harbinson@galderma.com

+41 76 210 60 62


Céline Buguet

Franchises and R&D Communications Director

celine.buguet@galderma.com

+41 76 249 90 87


Emil Ivanov

Head of Strategy, Investor Relations, and ESG

emil.ivanov@galderma.com

+41 21 642 78 12


Jessica Cohen

Investor Relations and Strategy Director

jessica.cohen@galderma.com

+41 21 642 76 43

Cross-Border Private Credit Set to Surge, But Operational Complexity Threatens Momentum, CSC Finds

 79% of GPs expect cross-border private credit deals to grow over the next three years, with more than half forecasting rapid acceleration

40% of LPs rejected private credit investment opportunities last year due to reporting or operational concerns

92% of LPs say specialist outsourcing enhances transparency

 


(BUSINESS WIRE) -- Cross-border private credit transactions are poised for strong growth, yet operational complexity is emerging as a critical hurdle. According to CSC, the leading provider of business administration and compliance solutions, an overwhelming 92% of limited partners (LPs) express concern over the complexity of these deals.


Published in CSC’s latest report, Private Credit 2025: Global Strategies for a $1.5 Trillion Market, the findings highlight a growing disconnect between investors and fund managers as private credit continues its rapid international expansion. 1


While both LPs and general partners (GPs) remain optimistic about the growth of cross-border private credit, they diverge sharply when it comes to operational readiness. Nearly eight in 10 GPs (79%) anticipate growth in the sector over the next three years, with more than half (51%) expecting a significant acceleration. LPs, however, are increasingly cautious—40% reported turning down multiple fund or investment opportunities last year due to operational concerns such as inconsistent reporting standards and unclear risk frameworks.


“The global expansion of private credit is undeniable, but the operational complexity it brings must not be underestimated,” said Bas Coenen, CSC’s head of Fund Solutions, Europe. “Operating across multiple jurisdictions introduces a maze of reporting requirements, investor expectations, and compliance standards. Even managing a handful of markets can prove challenging. The message from investors is clear: confidence in cross-border strategies hinges on transparency, regulatory alignment, and flawless execution.”


GPs recognize the operational challenges that come with cross-border expansion—particularly around anti-money laundering (AML) regulations, multijurisdictional reporting, and enforcing covenants across diverse legal systems. Transparency and reporting demands from LPs now rank among managers’ top concerns, second only to the complexity of deal structuring.


At the same time, LPs are shifting their priorities toward more granular and consistent data on loan performance and borrower credit quality. These metrics now rank just behind loan-level returns and borrower payment trends, while broader measures such as liquidity and portfolio risk visibility are being assessed through this more granular data.


To meet rising expectations and scale effectively, many GPs are investing in technology upgrades and partnering with specialist service providers. Currently, 82% rely on third-party loan agents, with 66% doing so regularly over the past year, and 88% expect usage to increase. LPs strongly endorse this shift: 92% believe GPs who outsource to trusted specialists are better equipped to deliver enhanced reporting and risk transparency, especially in complex cross-border environments.


“Private credit is inherently a hands-on asset class - far more operationally intensive than equity investing,” said CSC’s David Kim, managing director, North America. “LPs know the data is available, and they’re demanding more of it—greater transparency, consistency, and detail. That’s putting real pressure on managers to elevate their reporting capabilities and strengthen operational frameworks.”


He added: “Many are now seeking partners who can support them across the full investment life cycle, from loan agency and fund administration to SPV management. CSC is among the few with the scale, expertise, and infrastructure to deliver truly end-to-end solutions.”


To receive a copy of CSC’s Private Credit 2025: Global Strategies for a $1.5 Trillion Market, please download it at cscglobal.com/service/campaigns/private-credit-2025.


1CSC, in partnership with PureProfile, surveyed 500 private capital professionals globally, comprising 300 GPs and 200 LPs across North America, Europe (including the U.K.), and Asia-Pacific. Respondents held senior positions within fund management, investment, and risk functions across asset management, pension funds, insurance, and wealth management sectors.


About CSC


CSC is the leading provider of business administration and compliance solutions, offering industry-leading expertise and unmatched global reach to alternative fund managers and capital markets participants. Leveraging deep institutional experience and a tailored approach, CSC delivers a comprehensive suite of fund administration, trust, agency, and compliance services to support a wide range of private and public market transactions, complex fund strategies, and scalable operations.


As the trusted partner of choice for more than 70% of the PEI 300 and 90% of the Fortune 500®, CSC helps clients navigate operational and transactional complexities across more than 140 jurisdictions and various asset classes. With extensive worldwide capabilities, our expert teams provide solutions tailored to each client’s needs. Privately held and professionally managed since 1899, we combine global reach, local expertise, and innovative solutions to help our clients succeed.


We are the business behind business®. Learn more at cscglobal.com.


 


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Contacts

For more information:

Citigate Dewe Rogerson

Hassan Ali / Thomas Dalton

cscteam@cdrconsultancy.com


CSC

Katie Scott-Kurti

Head of Brand and Communications

katie.scottkurti@cscglobal.com

CSC News Room


 

Arabian Ethicals Partners with Accord Healthcare to Advance Patient Access Across the UAE

Dubai, United Arab Emirates - Thursday, 04. December 2025

Strategic Collaboration to Expand Availability of Essential Cancer Therapies and Oncology Treatments Across the UAE

Arabian Ethicals, a Ghobash Group enterprise with a 48-year legacy of advancing the UAE’s healthcare ecosystem, and Accord Healthcare, one of Europe's fastest-growing pharmaceutical companies, headquartered in the United Kingdom, are pleased to announce a strategic partnership aimed at enhancing the availability and accessibility of essential cancer therapies and critical oncology treatments for patients across the UAE.

Strengthening Access to High-Quality, Life-Saving Treatments

This partnership marks an important milestone in strengthening patient access to high-quality treatments in the UAE. Arabian Ethicals, with its long-standing role in the UAE healthcare supply chain, continues to support hospitals, clinics, and pharmacies in both public and private sectors with reliable access to trusted pharmaceutical, medical, and wellness brands. The collaboration with Accord Healthcare aligns with Arabian Ethicals’ growth strategy of widening access to essential treatments, improving service standards, and reinforcing its position as a trusted healthcare partner in the UAE.

Commitment to Better Patient Care and Service Excellence

Ebru Yavuz, General Manager of Arabian Ethicals, said: “This partnership reflects our commitment to widening access to essential treatments and consistently raising service standards across the UAE. Arabian Ethicals has long supported healthcare providers nationwide, and working with Accord Healthcare strengthens our ability to meet patient needs, particularly in critical areas such as oncology.”

By collaborating closely with leading global manufacturers, Arabian Ethicals remains committed to elevating healthcare delivery and ensuring consistent availability of high-quality, internationally approved products.

Expanding Access to Accord’s Robust Oncology Portfolio

The partnership combines Arabian Ethicals’ strong presence in the UAE and market-access capabilities with Accord Healthcare’s extensive global portfolio and proven manufacturing expertise, particularly in oncology, where Accord has deep heritage.

Accord’s portfolio includes 37 oncology-related treatments, including key chemotherapy products that support care for prevalent tumour types such as breast and prostate cancer, alongside hematological conditions and supportive oncology care.
Introducing New Innovations to the UAE

The collaboration enables the introduction of upcoming products from Accord’s global pipeline, including biosimilars and novel therapies. This innovation pipeline is reinforced by Accord’s ongoing investments, including Accord Biopharma, London, its research and development facility in the United Kingdom focused on biologics and vaccines.
Shared Mission to Improve Patient Outcomes Across MENA

Hany Mashaal, Commercial Director MENA at Accord Healthcare, commented:
“We are pleased to partner with Arabian Ethicals in expanding the availability of vital and affordable oncology and essential cancer therapies across the UAE. This collaboration supports our mission to ensure patients benefit from Accord’s global expertise in generics, biosimilars, and oncology, and to deliver meaningful solutions that address evolving healthcare needs.”
A Long-Term Partnership to Support Healthcare Providers

This collaboration marks the beginning of a broader effort by both organizations to expand treatment access and support healthcare providers with reliable, high-quality solutions. The partnership reinforces their shared commitment to improving patient outcomes across the UAE.

About Arabian Ethicals

Established in 1977, Arabian Ethicals – a Ghobash Group Enterprise – is a leading UAE-based healthcare distributor with a strong focus on pharmaceuticals, consumer health, and animal care. The company enables global partners to navigate the UAE market through regulatory expertise, strong public-private relationships, and deep regional insight. With a portfolio spanning high-impact therapeutic areas such as oncology and diabetes, Arabian Ethicals is committed to improving patient access and advancing healthcare outcomes across the region.

For more information, visit arabianethicals.ae or write to info@arabianethicals.ae. You can also follow Arabian Ethicals on LinkedIn.

About Accord Healthcare:

Headquartered in the United Kingdom, Accord Healthcare is one of the fastest-growing pharmaceutical companies in Europe. Accord has one of the largest market footprints of any European generic and biosimilars company, selling generic medicines in over 80 countries around the world.2 This global footprint enables Accord to deliver vital, affordable medicines to national health systems, supporting healthcare professionals to transform patient lives worldwide. The company is committed to investment in manufacturing abilities and is building a new R&D facility in the United Kingdom to focus on biologics and vaccines.

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Contacts

Tony Hamad

Group Marketing Director

+971 4 5961800