Seventh and Eighth O3b mPOWER Satellites to Start Delivering Connectivity Services

  With these satellites, SES is enhancing the O3b mPOWER network to serve customers across multiple market segments

 

(BUSINESS WIRE)--SES announced today that the latest pair of O3b mPOWER satellites launched in December 2024 is now ready to offer services across the globe.

Featuring redesigned payload power modules, the seventh and eighth O3b mPOWER satellites are bolstering the capabilities of SES’s second-generation medium earth orbit (MEO) system, supporting the delivery of high throughput and predictable low latency services at scale. To date, SES has launched eight out of 13 O3b mPOWER high-throughput and low-latency satellites. The next O3b mPOWER launch is scheduled for summer 2025.

SES has also expanded its strategically located satellite ground stations, and now has 12 operational O3b mPOWER gateways located in South Africa, Peru, Brazil, Portugal, Australia, Greece, the U.S., Chile, the United Arab Emirates and Senegal. Five out of these are co-located and operated by Microsoft’s Azure data centres.

“Our O3b mPOWER services are in high demand and we were eagerly awaiting the additional satellites to strengthen our MEO network,” said Adel Al-Saleh, CEO of SES. “As we continue to deploy additional O3b mPOWER satellites, we are bringing substantially more capacity and improved network efficiency, resulting in a threefold increase in available capacity by 2027 to better serve our mobility, government, enterprise and cloud customers.”

SES started offering O3b mPOWER services worldwide since April 2024 and has been delivering high-performance network services to customer sites across Asia-Pacific, Africa, the Middle East and the Americas in multiple market segments. The system’s exceptional flexibility means it can provide services ranging from tens of Mbps to multiple gigabits per second of capacity to any site.

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About SES

SES has a bold vision to deliver amazing experiences everywhere on Earth by distributing the highest quality video content and providing seamless data connectivity services around the world. As a provider of global content and connectivity solutions, SES owns and operates a geosynchronous orbit fleet and medium earth orbit (GEO-MEO) constellation of satellites, offering a combination of global coverage and high performance services. By using its intelligent, cloud-enabled network, SES delivers high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners around the world. The company is headquartered in Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com.

 

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Contacts

For further information please contact:
Suzanne Ong
Communications
Tel. +352 710 725 500
suzanne.ong@ses.com

Datasite Acquires Leading Private Market Intelligence Company Grata with $500 Million Investment Commitment

 MINNEAPOLIS - Tuesday, 03. June 2025

(BUSINESS WIRE)--Datasite, the global SaaS provider of AI-powered workflow collaboration and automation solutions for M&A, investment and strategic projects, today announced that it has acquired Grata, a leading AI-native, private market intelligence company. CapVest Partners LLP (“CapVest”), the controlling shareholder of Datasite, intends to invest $500 million, organically and inorganically, to further expand Datasite’s intelligence solutions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603748893/en/

“This landmark combination creates a unique market intelligence offering for enterprises globally,” said Rusty Wiley, CEO and President of Datasite. “Grata has comprehensive, accurate and searchable data on private companies. Combine that with the Datasite Group’s anonymized and aggregated insights – from the largest and most trusted database in the world, capturing over 55,000 projects every year – and you’ve got an unmatched powerhouse of market intelligence.”

Founded in 2016, New York-based Grata offers an AI-native platform for private market workflows combining proprietary company data with integrated dealmaking software solutions. Datasite’s acquisition and ongoing investment in Grata will accelerate the growth of its pioneering, deal sourcing and market intelligence tools. Co-founders Andrew Bocskocsky and Nevin Raj will continue to lead Grata as a strategic business unit within Datasite.

“We are thrilled to join the Datasite team and back our shared vision with significant investment,” said Andrew Bocskocsky, CEO and Co-Founder of Grata. “Together, with Datasite’s global footprint, we are expanding our reach to international markets and creating unprecedented value for users.”

Christopher Campbell, Partner at CapVest, said, “Obtaining accurate, real-time data on private markets will further enable enterprises and investors to execute their strategic priorities. We welcome Grata to the Datasite Group and look forward to bringing unique insights to the M&A community.”

Datasite was advised by Arma Partners (M&A), Willkie Farr & Gallagher LLP (Legal), Alvarez & Marsal (Financial), KPMG (Tax), Lockton (Insurance) and West Monroe (Technology). Grata was advised by Deutsche Bank (M&A) and Orrick (Legal).

To learn more about Datasite, please visit: www.datasite.com.

About Datasite

Datasite is a global SaaS provider of AI-powered workflow collaboration and automation solutions for M&A, investment and strategic projects. Datasite’s innovative products drive execution, while generating unique data insights to empower knowledge workers around the world to succeed across the entire project lifecycle.

For more information, visit www.datasite.com

About Grata

Grata is a leading AI-native private market intelligence and dealmaking company. Grata has the most comprehensive, accurate, and searchable data on private companies.

For more information, visit www.grata.com

 

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Contacts

Laura Powers

Datasite

212-367-6168

laura.powers@datasite.com

Nicholas Koulermos

5W Public Relations

646-843-1812

Datasite@5WPR.com

 

Deel Surpasses $1 Billion Run Rate, Signaling a New Era in Global HR

 Deel is one of the fastest growing SaaS companies in the world

(BUSINESS WIRE) -- Leading payroll and HR company Deel announced today that it surpassed a $1 billion run rate in Q1 2025 — a significant milestone achieved in just six years since its founding. This accomplishment underscores Deel’s rapid growth, global scale, and unwavering commitment to enabling the global future of work.

Financial snapshot:

Deel crossed $1 billion run rate in Q1 2025 and has continued to grow in April & May

It has achieved 75% year on year revenue growth, April 2024-2025.

Deel has been profitable since Q3 2023 and has not raised money since 2022. In Q1 2025 it achieved double digit EBITDA margin growth.

It has achieved 164% year on year growth across its HR and payroll products, April 2024-2025.

With a customer base exceeding 35,000 companies and 1.25m workers across 150+ countries, Deel has emerged as a foundational platform for modern workforce management.

The company’s integrated product suite and owned infrastructure has reshaped how organizations hire, pay, and manage employees. It offers a unified product platform - eliminating the traditional patchwork of providers many companies used previously - as well as white label and unbundled services, driving long-term growth diversification.

“When I first met Deel, there were 10 people with a big idea, and now they’re powering global teams at a massive scale,” said Anish Acharya, General Partner at Andreessen Horowitz and Board Member at Deel. “Alex and Shuo continue to execute on their vision, methodically building a platform that reduces the complexity of global hiring and enables companies to onboard talent anywhere in the world with speed and confidence. As a result, Deel has become the default infrastructure for global work. Their product velocity and early bet on AI have unlocked tools that make global work simpler and more accessible for customers everywhere.”

“Reaching a $1 billion run rate is a reflection of the trust our customers have put in us,” said Alex Bouaziz, Co-founder and CEO of Deel. “From day one, we believed the future of work demanded a new kind of infrastructure — one that was global, flexible, and obsessed with quality. We’re proud of this milestone, but we’re even more excited about what’s next. Our work has only just begun.”

About Deel

Deel is the all-in-one payroll and HR platform for global teams. Built for the way the world works today, Deel combines HRIS, payroll, compliance, benefits, performance, IT asset equipment management into one seamless platform. With AI-powered tools and a fully owned payroll infrastructure, Deel supports every worker type in 150+ countries—helping businesses scale smarter, faster, and more compliantly. Discover how Deel makes global work simple at deel.com.

 

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Contacts

press@deel.com

Byondis Announces First Patient Dosed in Phase 1 Clinical Trial of Novel SIRPα-Directed Monoclonal Antibody BYON4228 in Patients With Advanced or Metastatic Solid Tumors

NIJMEGEN, The Netherlands - Tuesday, 03. June 2025

Two-Part Dose Escalation and Expansion Trial Will Evaluate Efficacy and Safety of BYON4228 Alone and in Combination with Pembrolizumab

 

(BUSINESS WIRE)--Byondis B.V., an independent clinical stage biopharmaceutical company creating innovative targeted medicines for patients with cancer, announces the first patient dosed in its Phase 1 dose escalation and expansion BYON4228.002 clinical trial to evaluate the safety, pharmacokinetics, pharmacodynamics and efficacy of novel SIRPα-directed monoclonal antibody (mAb) BYON4228 alone and in combination with pembrolizumab in patients with advanced or metastatic solid tumors.

BYON4228 is a potential best-in-class novel mAb that targets and blocks the CD47-SIRPα axis, responsible for tumors’ ability to escape from recognition and destruction by the immune system. By targeting SIRPα and not CD47, BYON4228 offers selective targeting of myeloid cells and avoids disruption of other biologically meaningful CD47-dependent interactions. In preclinical studies, BYON4228 was found to potentiate the tumor killing capacity of tumor-targeting mAbs tested without the toxicity associated with CD47 agents.

“Building on strong preclinical data, we believe that there is broad potential for BYON4228 alone and in combination with tumor-targeting mAbs, checkpoint inhibitors and antibody drug conjugates and other modalities across hematological and solid tumors,” said Louis Denis, MD, Chief Medical Officer, Byondis. “We look forward to evaluating the results of this trial to support the clinical development of BYON4228 alone and in combination with other agents and to bring a new therapeutic option to patients with high unmet medical need.”

Part 1 of the BYON4228.002 trial will evaluate the safety of BYON4228 alone and in combination to determine the maximum tolerated dose (MTD), or optimal biological dose (OBD) if the MTD is not reached, and recommended combination dose regimen(s) for expansion (RDE(s)). The second part of the trial will evaluate the objective tumor response rate (ORR). The secondary objectives of this trial are safety, pharmacokinetics, immunogenicity and preliminary efficacy. The trial will be conducted at multiple sites across Europe, including the United Kingdom, Belgium and Spain.

About BYON4228

BYON4228 is a novel monoclonal antibody (mAb) from Byondis’ next generation immuno-oncology (IO) program that targets and blocks the CD47-SIRPα axis, responsible for tumors’ ability to escape from recognition and destruction by the immune system. BYON4228 is currently being studied in two Phase 1 Clinical Trials evaluating BYON4228 alone and in combination with Rituximab in patients with Relapsed/Refractory CD20 positive B-cell Non-Hodgkin's Lymphoma (NHL) (NCT05737628) and BYON4228 alone and in combination with pembrolizumab in patients with advanced or metastatic solid tumors (NCT06932952).

About Byondis

Driven to improve patients’ lives, Byondis is an independent clinical stage fully integrated biopharmaceutical research and development company creating innovative targeted medicines for cancer. The company is developing new biological entities (NBEs) with a focus on antibody-drug conjugates and antibody-based therapeutics.

Byondis’ broad development portfolio comprises preclinical and early-stage clinical programs. The product candidates combine Byondis’ expertise in linker-drug (LD) technology, antibody-drug conjugation, targeted cytotoxic therapy, immunology, and monoclonal antibody (mAb) development. Byondis’ expertise covers all preclinical R&D from early lead finding to production of clinical batches of the selected product candidates, which are all done in-house.

The company’s headquarters and state-of-the-art R&D and GMP manufacturing facilities are based in Nijmegen, the Netherlands. For more information visit www.byondis.com.

 

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Contacts

Lisa Buffington
Buffington Comms
E-mail: Communications@Byondis.com
Direct: +31243727741

Latest OAG Report: High-Quality Data and AI Transformation Are Critical to Building Resilience Across Airline Operations

LONDON - Tuesday, 03. June 2025

(BUSINESS WIRE)--OAG, the global leader in aviation data and analytics, is proud to release its latest industry report in collaboration with Microsoft: "Can AI and the Right Data Rewrite the Rules of Airline Performance?”.

The report explores how trusted data is enabling AI to address critical operational challenges in aviation today. From minimizing delays and turnaround bottlenecks to forecasting maintenance needs and enhancing stakeholder decision-making, AI is already delivering tangible impact—but only when powered by accurate, complete, and well-structured data.

Drawing on real-world case studies, robust research, and expert insight, the report illustrates how data readiness and AI transformation are ushering in a new era of operational resilience across the airline industry.

A key highlight of the report is a comprehensive visual mapping of nine of the airline industry’s most persistent operational challenges, structured along the end-to-end operational journey from pre-flight to post-flight. For each, the report showcases one real-world AI use case already delivering tangible results, offering airline leaders and innovators a clear path from problem to solution.

Filip Filipov, OAG’s Chief Operating Officer explained “AI is already transforming airline operations but to truly scale its impact, the industry must prioritize data readiness. Scalable transformation is only possible with intelligent, high-quality data at the core of every AI solution.”

The full report “Can AI and the Right Data Rewrite the Rules of Airline Performance?” is available to read now.

About OAG

OAG is a leading data platform for the global travel industry offering an industry-first single source for supply, demand, and pricing data.

 

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Media Enquiries: pressoffice@oag.com

Andersen Consulting Announces Collaboration with Bretteville Consulting

 SAN FRANCISCO - Tuesday, 03. June 2025 AETOSWire Print 

(BUSINESS WIRE)--Andersen Consulting enters into a Collaboration Agreement with Bretteville Consulting, a management consultancy known for its deep expertise in strategic transformation and operational excellence, strengthening its global platform with complementary solutions for clients around the world.

Founded in France, with a presence in China, Singapore, Luxembourg, and the United States, Bretteville Consulting provides strategic advisory services that help organizations drive performance and accelerate transformation. The firm specializes in corporate strategy execution, operational efficiency, and change management. With a senior-led consulting model and a client-first approach, Bretteville has built a reputation for guiding companies through complex business challenges and sustainable growth initiatives.

Damien Gourio, managing director of Bretteville Consulting said, “Andersen’s global reach and multidisciplinary platform create a unique opportunity for us to deliver deeper, broader value to our clients. This is a natural evolution for our firm, and a step forward for what we can accomplish through this collaboration.”

Mark L. Vorsatz, global chairman and CEO of Andersen, added, “Bretteville brings deep operational insight and strategic precision to client engagements. Their credentials in financial services, banking and insurance are highly complementary within our global platform and we’re already seeing those synergies come to light. Through this collaboration we’re expanding our ability to serve global clients with unmatched seamless, integrated services.”

Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 20,000 professionals worldwide and a presence in over 500 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member and collaborating firms around the world.

 

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CB Insights Announces Collaboration with Snowflake to Make Market Intelligence Accessible to AI and Agents in Real Time

 SAN FRANCISCO - 

Joint customers can now deploy CB Insights directly within their Snowflake environment

(BUSINESS WIRE) -- CB Insights, the leading provider of predictive market intelligence, today announced at Snowflake’s annual user conference, Snowflake Summit 2025, a collaboration with Snowflake, the AI Data Cloud company. Through this collaboration, CB Insights’ continuously validated data on more than 10 million companies, 1,500 tech markets, and how they all compare is now available via the Snowflake Marketplace. Joint customers can now simply “point and click” to use the data in their AI, agents, dashboards, and other enterprise applications.

“To build agents and AI that are effective, enterprises need more than internal data—they need reliable, structured context about what’s happening in the world outside their four walls,” said Manlio Carrelli, CEO of CB Insights. “We provide that external intelligence layer: on the markets you’re in, the competitors you’re up against, the companies you should buy, partner with, or learn from. Our collaboration with Snowflake makes embedding that context in your AI, dashboards and enterprise apps as simple as a few clicks.”

“The best AI outcomes come from the best data,” said Kieran Kennedy, VP, Data Cloud Product Partners, Snowflake. “CB Insights delivers high-quality, context-rich data that helps our joint customers act faster and smarter. We’re excited to welcome them to the Snowflake Marketplace—and to use their terminal ourselves to improve our own decision-making.”

By combining CB Insights’ proprietary external intelligence with Snowflake’s secure, data and AI platform, the two companies enable powerful use cases:

Improved LLM accuracy by training on validated data about companies and technologies

Increased the effectiveness of AI agents by giving them “world context” about what’s happening outside your company’s four walls in the companies and markets you care about

Enriched dashboards and workflows for business functions. For example, a business development dashboard can include insight into competitor business relationships or AI-generated SWOT analyses on prospective partners.

Unlike traditional market intelligence databases, CB Insights’ dataset is built through a proprietary “double validation” pipeline that uses machine learning to continuously analyze and confirm data on management teams, fundings, partnerships, deals, earnings calls, investor activity, hiring patterns, patents and more—transforming global business activity into structured, decision-ready signals.

The CB Insights-Snowflake integration allows joint customers to simply “point” to CB Insights data and make it instantly and securely available to their internal applications built on Cortex AI —without having to move the data. This allows enterprises to avoid manual ETL (Extract, Transform, Load) pipelines and API complexity. Key benefits:

Ready for AI and BI: Use CB Insights data in agents, LLMs, dashboards, and planning tools.

Trusted, Validated Signals: Make better decisions with continuously verified insights into markets, competitors, and technologies.

Faster Time-to-Value: Eliminate ETL and adoption friction—activate the data in minutes via Snowflake Marketplace.

To learn more about the CB Insights-Snowflake collaboration, visit www.cbinsights.com/snowflake/.

About CB Insights

Headquartered in New York City, CB Insights is the leading provider of AI for market intelligence. The company aggregates, validates, and analyzes hard-to-find private and public company data. Its powerful AI tells users what it all means to them personally. The world’s smartest companies rely on CB Insights to focus on the right markets, stay ahead of competitors, and identify the right targets for sales, partnership, or acquisition. Visit www.cbinsights.com for more information.

 

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Contacts

Media:

CB Insights: jason.saltzman@cbinsights.com