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Solana's Network Growth: The Rise and Fall of Its Meme Coins Compared to Dogecoin, Shiba Inu, and Emerging Tokens Like Cutoshi

Cutoshi

The Solana (SOL) network saw an overwhelming surge in memecoin activity in 2024 due to platforms like Pump.fun, which made it easy for memecoins to be created and launched. High-profile endorsements such as the U.S. President Donal Trump’s launch of the $TRUMP coin further helped fuel Solana’s network growth, though an endorsement of the $LIBRA token by Argentine President Javier Milei did the opposite, as $LIBRA fell into a scandal and caused a 25% drop in Solana’s token value. However, as Solana’s network continues to be challenged, memecoins from other networks such as Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced significant volatility but have maintained a presence in the crypto market. Amid this turbulence in the memecoin sector, new entrants like Cutoshi ($CUTO) are redefining the space by integrating decentralized finance (DeFi) functionalities and is predicted to be the next memefi coin projected for 100x growth. Dogecoin and Shiba Inu: Signs of Fatigue or Revival? The recent collapse of the Libra token, which triggered $99 million in trader losses and scandalized Argentine President Javier Milei, has intensified scrutiny on memecoins. Following the $LIBRA controversy, venture capitalist Nic Carter declared that the "Memecoins are unquestionably over," arguing that memecoins' main appeal—fair launches without insider advantages—has lost credibility. Despite its enduring status as the original memecoin, Dogecoin is showing signs of stagnation. Trading at $0.23—down 66% from its all-time high of $0.73 in 2021—DOGE has seen a 34% increase in active addresses, reaching 6.57 million monthly. Dogecoin's charts are showing signs of decline, with a "death cross" pattern indicating a potential drop. Meanwhile, some analysts think the market might change because of possible ETF news from Grayscale and Bitwise. On the other hand, Shiba Inu (SHIB) is seeing a big jump in activity from large traders, with their holdings increasing by over 90%. This suggests they're betting on a price recovery. If SHIB can break through the $0.00001660 mark, some predict a significant price increase. Cutoshi Presale Progress: Investor Confidence and Market Potential Cutoshi’s ecosystem is uniquely focused on its community, and plans to release its own multi-chain decentralized exchange (DEX), which would make it easy for users to seamlessly swap assets across various blockchains while maintaining privacy and security. Each transaction will have a 0.25% fee, with 80% of it distributed to liquidity providers and the remaining 20% used for token burns and buybacks, which will further help reinforce the token’s value. Some traders are predicting Cutoshi could outperform Shiba Inu and Dogecoin in Growth in 2025 and may bring back investor confidence in Ethereum based tokens. Beyond the DEX, Cutoshi will introduce "Cutoshi Quests and Farming," a gamified yield farming initiative that enhances community engagement through missions, achievements, and rewards. Participants will earn “Cutopoints,” which can be redeemed for various ecosystem benefits, fostering both interaction and passive income opportunities. Additionally, Cutoshi plans to launch a collection of 8,000 exclusive NFTs designed to reward early adopters and active community members. Early participants have benefited from limited-time bonuses, such as a 35% increase on deposits during promotional periods. Currently, Cutoshi is in Stage 5 of its presale, pricing each $CUTO token at $0.045. The presale has advanced through multiple stages, with the token price increasing from an initial $0.015 to $0.045 in Stage 5, reflecting a near 200% surge. The project has already raised over $2.1 million, signaling strong trader confidence. With 55% of the total 440 million token supply allocated to the presale, Cutoshi ensures significant community ownership from the outset, positioning itself as a compelling long-term investment opportunity. Cutoshi Live, Learn More Below: Price - $0.0487 per $CUTO Supply - 440,000,000 tokens (ERC-20) Website - https://cutoshi.com X (Twitter) - https://x.com/CutoshiToken Telegram - https://t.me/cutoshicommunity Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. Contact Details Cutoshi Camila Perez support@cutoshi.com Company Website https://cutoshi.com/

March 07, 2025 01:33 AM Eastern Standard Time

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BridgeFT Wins Best WealthTech Solution Overall at the 2025 Global Private Banker WealthTech Awards

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables enterprise wealth management firms, registered investment advisors (RIAs), turnkey asset management platforms (TAMPs), and Fintech innovators to deliver better, data-driven outcomes for their clients, announced today that it has been awarded the Best WealthTech Solution Overall award at the Global Private Banker WealthTech Awards 2025. The Global Private Banking Innovation Awards, organized by Global Private Banker, exist to identify, honor, and celebrate the world’s pre-eminent private banks, family offices, and wealth managers that demonstrate elite levels of advisory, unbiased research, and bespoke solutions and their distinguished individuals’ contribution to client service and strategic wealth preservation and growth capabilities. These awards are accolades of excellence and distinction, attributed to outstanding players and providing unbiased and objective benchmarks for the global industry. The Global Private Banking Innovation Awards 2025 are the world’s most authoritative and transparently judged private wealth awards recognizing the most innovative products and services, cutting-edge technological and digital capabilities, scalable customizations and rapid integration of ESG considerations across the global private banking landscape. “We are honored to be recognized by Global Private Banker this year for the impact our WealthTech API platform makes on a wide variety of financial institutions," said Joe Stensland, Chief Executive Officer of BridgeFT. “We are off to an amazing start in 2025,d and awards like this further validate our commitment to empowering wealth management firms and wealthtechs with modern technology that makes it easier to access total wealth data aggregation to power next generation applications and advanced analytics.” BridgeFT’s WealthTech API offers a single, open API to trade-ready, multi-custodial data, advanced analytics, and application services. WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, client-advisor experiences. BridgeFT is the wealth management industry’s only source for total wealth data. Global Private Banker states several key factors which led to their selection of BridgeFT as the winner for Best WealthTech Solution Overall. BridgeFT’s WealthTech-as-a-Service (WtaaS) platform is API-first and cloud-native. It revolutionizes wealth management applications by streamlining access to high-quality, multi-custodial total wealth data. With seamless integration, enriched analytics, and composable application services, BridgeFT empowers financial institutions and wealthtechs to build innovative, scalable solutions that enhance client experiences and drive personalized interactions. About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations — seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com. Contact Details For BridgeFT Peter Page, Vocatus ppage@vocatusllc.com Company Website https://www.bridgeft.com/

March 06, 2025 09:00 AM Eastern Standard Time

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FTN Network Partners with Yahoo Sports to Deliver Simulation-Based Fantasy Insights

FTN Network

FTN Network, a leader in betting, fantasy sports, and DFS insights powered by advanced data, is partnering with Yahoo Sports to provide cutting-edge fantasy projections for baseball, basketball, and football ahead of the 2025 MLB season. Through this collaboration, Yahoo will feature FTN’s simulation-driven player projections, giving fantasy users, from casual players to seasoned experts, access to some of the most advanced lineup strategies and player evaluations available today. FTN’s proprietary model runs 10,000 simulations per game, factoring in matchups, player trends, injuries, and deep statistical analysis to provide unmatched predictive accuracy. By moving beyond traditional box score stats and static rankings, Yahoo fantasy users will gain access to advanced, data-driven insights that enhance decision-making in real time. “The continuous growth of fantasy sports demands fresh, innovative approaches that give users a true competitive edge,” said Frank Brank, Chief Data Officer at FTN. “By integrating our predictive simulation technology with Yahoo Sports, one of the largest fantasy platforms in the world, we’re elevating player evaluations and lineup strategies in ways that haven’t been done before.” This partnership extends FTN’s industry-leading data capabilities across MLB, NBA, and NFL fantasy sports, ensuring Yahoo Sports users benefit from year-round insights. FTN’s proprietary simulations give Yahoo a distinct advantage in an evolving fantasy landscape where data-driven decision-making is more valuable than ever. “Joining Yahoo’s aggregate projection system further cements FTN as a leader in sports analytics,” said Perry Gershon, CEO at FTN. “Our simulation-driven insights will continue to push the fantasy sports industry forward, helping fans and media companies make the most accurate, data-backed decisions possible. As analytics-based fantasy sports rise in popularity, FTN remains at the forefront of delivering cutting-edge player and team projections.” For more details on this partnership, click here. About FTN Network FTN Network is a premier sports data and fantasy sports media company, offering cutting-edge analytics and customizable tools for fantasy sports and sports betting enthusiasts. Since its founding in 2020, FTN has built a unique data ecosystem that transforms raw numbers into actionable insights, helping users make the smartest decisions possible in their fantasy leagues and wagers. Contact Details Sterling A. Randle +1 801-319-6153 srandle@hotpaperlantern.com

March 06, 2025 08:03 AM Eastern Standard Time

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Avrio Acquires TokenSphere to Deliver Tokenized Real-World Assets To The Market

Fintech.TV

In a strategic move to transform the future of fund management and real-world asset tokenization, Avrio Worldwide PBC (Avrio), a leading financial technology and data group, has acquired TokenSphere, a pioneering digital platform built by Consilience Group Ltd (Consilience) to automate fund management and unlock the full potential of tokenized real-world assets (RWAs). This acquisition marks a major milestone in the evolution of digital financial market infrastructure, as institutional and private capital markets increasingly shift towards tokenization to enhance liquidity, transparency, and efficiency. With the U.S. private capital market surpassing $3.4 trillion in assets under management, and the tokenization market projected to exceed $10 trillion by 2030, TokenSphere’s cutting-edge technology positions Avrio at the forefront of this emerging financial transformation. TokenSphere, developed by Consilience, is a one-of-a-kind platform designed to automate fund management and simplify the tokenization of RWAs. By integrating smart contracts, automated compliance, and streamlined investor onboarding, TokenSphere eliminates the complexity of fund administration while enabling frictionless digital asset issuance and trading. As part of the transaction, Consilience receives an equity stake in Avrio. Avrio will establish an operating company to deploy the TokenSphere software and IP through market channels and integration with its core ATS technology platform, AvrioT. The Consilience technology team and CEO Kevin Monserrat will join Avrio to deliver the platform’s transition and go-to-market. Kevin Monserrat, CEO of Consilience commented, "TokenSphere was built to bridge the gap between traditional finance and the new digital asset economy. The financial world is at an inflection point, and Avrio is perfectly positioned to lead the charge in transforming how private capital markets operate. This acquisition ensures that our technology will continue to evolve and scale within a world-class financial infrastructure ecosystem." Avrio Worldwide Expands Its Capability for the Future of Digital Market Infrastructure Avrio Worldwide is an innovator in digital financial market infrastructure, providing a core technology stack that enables institutional investors to efficiently deploy capital, and now, in a world rapidly tokenizing RWAs, through integrating TokenSphere into the Avrio core stack. Avrio aims to accelerate the mass adoption of digital assets across capital markets, unlocking unprecedented liquidity and investment opportunities for all segments of investors. Lawrence Wintermeyer, CEO of Avrio said, "Tokenization is the future of financial markets, and with TokenSphere, Avrio is taking a decisive step in making RWA tokenization accessible, scalable, compliant, and secure. This acquisition strengthens our ability to provide best-in-class solutions to institutional investors navigating the shift towards new digital financial market infrastructure." The Future of Digital Financial Market Infrastructure is Here With over $838.5 billion in private equity deal activity in 2024, and the RWA tokenization market on track to exceed $2 trillion in the coming years, the need for institutional-grade digital financial market infrastructure has never been greater. The integration of TokenSphere into Avrio’s core AvrioT platform will drive new efficiencies, improve liquidity, and greatly enhanced investment opportunities across global markets for all segments of investors. This is just the beginning. The Avrio TokenSphere team is committed to pushing the boundaries of financial innovation, ushering in a new era of tokenized private capital markets where efficiency, transparency, accessibility, and security are the norm. About AVRIO Worldwide PBC AVRIO is a registered market infrastructure provider with a full technology stack. Avrio is the parent company of: Arkonis is the operator of a broker dealer and Alternative Trading System (ATS) in the United States. Arkonis Capital, LLC, a US broker dealer (BD) and market infrastructure, services, and data provider with an institutional grade full technology stack, AvrioT, transacting equities and debt Trading engine (ATS), qualified matching services (QMS), and quotation bureau (QB) for transacting in unregistered securities and private markets Exchange management (EMS), order management (OMS), portfolio management (PMS) and client management (CMS) for transacting in registered securities, ETFs, and funds in public markets. The technology enables clients and partners to create, manage, and trade any product on a global platform, and is blockchain agnostic. This enables clients to capture and scale market opportunities while creating standardization and best practices designed to prevent fraud, protect investors, and comply with know-your-customer and anti-money laundering compliance laws. Arkonis Capital LLC is a member of the FINRA and SIPC. https://avriotech.io About Consilience Group Limited Consilience Group is an innovator in alternative fund management and digital asset technology, best known for creating TokenSphere—a breakthrough platform simplifying the tokenization of real-world assets. https://www.tokensphere.io/ Contact Details Avrio Worldwide PBC Vince Molinari vince@avriotech.io Company Website https://avriotech.io

March 05, 2025 09:43 AM Eastern Standard Time

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Lisk Incubation Hub Completes First African Cohort, Opens Applications for Batch 2 with Up to $200,000 in Grants

Lisk

Lisk, the Layer 2 Ethereum blockchain committed to advancing Web3 adoption in high-growth markets, is proud to announce the successful completion of the first cohort of the Lisk Blockchain Incubation Hub. Powered by CV Labs, the Lisk Blockchain Incubation Hub is a six-month program designed for African startups eager to build on the Lisk protocol. After an impactful six-month program, the incubator has helped 23 startups refine their ideas, develop go-to-market strategies, and access valuable financial support. Applications for Batch 2 of the Lisk Incubation Hub are now open, offering exciting new opportunities for Web3 builders in Africa. The program will provide up to $20,000 per project in grants by graduation, as well as ongoing mentorship, a structured curriculum, and a robust network to help startups succeed. Startups will also benefit from continued support from Lisk and the chance to secure up to $100,000 in additional funding to scale their ventures. This new cohort is set to begin on May 19, 2025, with applications closing on April 12, 2025. “The first inning of blockchain technology was cryptocurrency, and African nations are among the fastest adopters of such digital value,” said Brenton Naicker, Principal & Head of Growth at CV VC. “Beyond crypto, Africa is proving how the technology itself is driving necessary change, addressing inefficiencies and financial exclusion. These brilliant innovators showcase how blockchain fosters trust, streamlines processes, and unlocks new economic opportunities across the continent.” The first cohort has already made a significant impact across Africa, with standout graduates driving real change in sectors such as agriculture, finance, and entertainment. These innovators are harnessing the power of blockchain to tackle pressing challenges within their communities and industries. With $196,000 in grants awarded at various stages of the program, startups have gained strong market traction, onboarding over 26,000 users, tokenizing $1.8 million in assets, and processing more than 20,000 blockchain transactions. Tata-iMali (South Africa) – Providing a fiat-backed stablecoin to connect South Africa’s informal and formal economies, enabling seamless transactions for small businesses and individuals. TrendX (Nigeria) – A tokenization platform integrating DAOs, token management, and compliance solutions for blockchain-based businesses. Pokecoin (South Africa) – A blockchain-based NFT marketplace for secure Pokémon card trading, verifying authenticity and quality through smart contracts. Nomachain (Kenya) – Enabling homeownership in Africa through a blockchain-powered rent-to-own model, with $1.8 million tokenized in property plans. Jamit (Nigeria) – A decentralized podcast platform offering NFT-driven monetization and audience engagement tools for storytellers. Afrikabal (Rwanda) – Transforming agriculture by connecting farmers with wholesalers and providing blockchain-backed trade finance for sustainable growth. The Lisk Blockchain Incubation Hub is at the heart of Lisk's mission to support founders in high-growth markets who often face significant challenges in securing early-stage funding. To help overcome these obstacles, they need access to grants, investment pathways, and an ecosystem prioritizing long-term growth. By connecting builders with the right resources and support, Lisk enables them to turn their ideas into impactful projects and thrive in the Web3 space. “For a long time, Web3 companies have not prioritized builders in high-growth markets like Africa, limiting their access to capital, mentorship, and support despite the abundance of talent,” said Dominic Schwenter, COO of Lisk. “This is now changing with the launch of more incubation hubs and grant programs. I’m more confident than ever that Africa and other high-growth markets will drive innovation and scale blockchain solutions, benefiting their communities and the world at large.” About Lisk Lisk is a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success.As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain.For more information, visit us on X and join our network of builders to start building for the real world. About CV VC & CV Labs CV VC is a private blockchain venture capital firm driving the adoption of transformative technologies worldwide. At the heart of CV VC is CV Labs, its ecosystem business pillar, operating across Switzerland, Liechtenstein, South Africa, Germany, and Portugal. Through its accelerator programs, global hubs, industry-leading events, co-working spaces, and research, CV Labs connects startups, corporates, and investors, enabling them to harness blockchain technology’s full potential. Together, CV VC and CV Labs embody venture, ecosystem development and entrepreneurial excellence. With 75 investments in blockchain startups, it has a visionary leadership team led by industrialist Alex Wassmer as Chairman, Yvonne Bettkober of Volkswagen Group, Philipp Rösler, former Vice-Chancellor of Germany, founder & CEO Mathias Ruch, and co-founder & CIO Olaf Hannemann. Contact Details Wahaj Khan wahaj@serotonin.co CV Labs Triona Mc Hale triona@ignitecomms.com Company Website https://lisk.com/

March 05, 2025 08:56 AM Eastern Standard Time

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Comcast to Connect More Than 11,000 Homes and Businesses to Reliable, High-Speed Internet in Six Missouri Cities

Comcast Greater Kansas City

Comcast is connecting more than 11,000 new homes and businesses in six Missouri communities to reliable, high-speed, symmetrical Internet by expanding its network in the region. The expansion of its network will enhance digital infrastructure, promote economic growth, and position residents and local businesses for success in an increasingly digital world. The network expansion in Concordia, Harrisonville, Higginsville, Lexington, Napoleon, and Wellington will bring Internet, mobile, entertainment, and security services from Xfinity and Comcast Business to residents and businesses for the first time. “We are thrilled to welcome Comcast into our local communities,” said Kurtis Gregory, Missouri State Senator District 21. “This expansion ensures residents in these areas will have access to reliable, high-speed Internet. I am excited for the opportunities it will create for education, business, agriculture, and personal growth. Together, we are building a more connected and prosperous future for all and look forward to the positive impact it will have in the coming years.” This multi-million-dollar expansion into six communities will double Comcast’s existing footprint in Missouri. The new project — which will span more than 300 miles and is planned to be completed by 2027 — brings the company’s total investment in technology and infrastructure in Missouri to nearly $100 million over the past three years. “Reliable high-speed Internet is essential in today’s digital economy and Comcast is committed to connecting more Missouri families and businesses to the moments that matter most,” said Jennifer Dameron, director, External Affairs, Comcast Midwest Region. “The communities we'll be reaching with this expansion have been eager for better connectivity and choice for a long time, and we're happy to partner with them and meet their needs.” A Network You Can Trust to be Reliable, Fast and Secure Comcast’s state-of-the-art network is built to enable residents and businesses to thrive in today’s constantly connected world. These six cities join the 64 million homes and businesses across the country to have access to a network that is trusted by essential community organizations like hospitals, schools, transportation systems and first responders, and federal agencies like the Department of Defense and FEMA. It delivers multi-gigabit Internet speeds, 99.9 percent reliability and security built in from the ground up to keep customers safe from cyber threats. Introducing Xfinity for Consumers Comcast’s residential services are marketed under the Xfinity brand, and consumers in these six cities will be able to take advantage of Xfinity’s full suite of products, including Internet, video, mobile, voice and home security. With multi-gigabit Internet speeds, powerful WiFi that reaches every corner of the home, and super-responsive connections with low lag available with its plan, customers have a great experience using their connected devices to stream their favorite sports and entertainment content, video chat with coworkers and friends, learn from home or simply surf the web. Comcast Business to Power Local Workforce For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of all sizes achieve their business goals. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator in flexible, scalable options as well as one of the fastest-growing providers of Ethernet services. What it Means for the Local Community Comcast’s commitment to communities goes beyond building the network and aims to increase economic mobility for the local community and its residents. That’s why Comcast created Internet Essentials, a broadband adoption program that offers eligible households low-cost, high-speed Internet and affordable computers. Comcast has also installed three Lift Zones in Greater Kansas City, including two Boys & Girls Club locations in Independence, Mo., and a third located in Olathe, Kan. Lift Zones provide free Internet connectivity and access to hundreds of hours of educational and digital skills content to help families and site coordinators navigate online learning. "We are incredibly grateful for Comcast's unwavering dedication to our mission,” said Jason Roth, President and CEO of Boys & Girls Clubs of Greater Kansas City. “Their partner support through Lift Zones, grants and sponsorships has been instrumental in providing our youth with the resources and opportunities they need to succeed. Comcast's commitment to bridging the digital divide and fostering educational growth aligns perfectly with our goals, and together, we are making a lasting impact on the lives of countless young people in our communities." Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Venice Communications Jayne Siemens +1 816-289-1109 jsiemens@vencomm.com Comcast Jill Hornbacher +1 651-425-1695 Jill_Hornbacher@comcast.com Company Website https://midwest.comcast.com/

March 05, 2025 07:00 AM Central Standard Time

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New Dawn Risk selects Novidea’s insurance management platform to drive operational efficiencies and growth

Novidea

Novidea announces that New Dawn Risk has selected its cloud-native, data-driven insurance management platform to streamline operations, drive sustainable growth across the business, and better serve its customers. New Dawn Risk has also invested in Docomotion ’s (a Novidea company) document generation solution to further enhance operational efficiency and deliver an improved client experience. New Dawn Risk is an independent specialist Lloyd’s insurance broker, focusing on professional and financial lines and cyber. They work with retail and wholesale insurance brokers in the United States and internationally to provide expert solutions for complex and unique risks. Adopting Novidea's insurance management platform marks a major step forward for the broker. Its end-to-end capabilities will enable New Dawn Risk to optimise every aspect of the broking lifecycle, from initial inquiry to quotation, policy issuance, risk management, and claims handling. The addition of Docomotion streamlines its documentation processes, ensuring seamless document generation and reducing manual effort. This investment in technology aligns with the specialist broker’s commitment to embracing digital solutions in the London Market, positioning the firm to prepare for Lloyd’s Blueprint Two and other future market initiatives. Coupled with 360-degree reporting on their clients and real-time analytics across the business, New Dawn Risk is primed to deliver greater value. Connie Dyson, New Dawn Risk's COO, said: “Partnering with Novidea reflects our dedication to innovation and client-centric service. The Novidea insurance management platform, combined with Docomotion, will transform the way we do business, providing invaluable insights, automating critical processes, and ensuring we can more effectively comply with market digital transformation initiatives such as Lloyd’s Blueprint Two and CDR.” “Our current systems have been curtailing our growth, as they are not fully integrated, slowing down processes and requiring rekeying. Novidea’s platform, alongside Docomotion’s document automation, will not only drive efficiencies but also enable us to report across the business for the first time and pursue growth opportunities from client-data insights.” Jeff Heine, Chief Revenue Officer at Novidea, stated: “We are very excited to partner with New Dawn Risk on their journey to drive informed decision-making, operational efficiencies, and an unparalleled client experience. Integrating Docomotion into their toolkit will further underscore their commitment to delivering value and innovation to their clients. It is great to see London Market brokers of all shapes and sizes benefiting from the Novidea insurance management platform.” About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. With its open API architecture, Novidea enables brokers, agents, MGAs, and carriers to modernize and manage the customer journey end-to-end and drive growth across the entire insurance distribution lifecycle. Novidea's streamlined and automated platform fully integrates front, middle, and back offices. The Novidea platform boosts operational efficiency while providing a seamless digital experience for team members and customers alike. Insurance businesses benefit from a 360-degree view of customers and policies and can access data and actionable insights anytime, anywhere, and on any device. Novidea supports more than 100 customers across 22 countries. For more information, please go to www.novidea.com. About New Dawn Risk New Dawn Risk Group is a specialist London Market-based insurance intermediary. It places complex liability and other specialty insurance and reinsurance risks with insurers in all major markets including Lloyd’s and the London Market, Bermuda, DIFC, Singapore and other international insurance and reinsurance markets. New Dawn Risk provides clients with expert risk management advice, insurance policy placement for difficult, complex and hard-to-place risks, and claims administration and resolution. The broker works with international intermediaries and insurers on specialty product development, program design and risk placement services for individual corporate risks, portfolio facilities and reinsurance treaties. New Dawn Risk also works directly with insureds in the UK and the EU. For further information, please visit: www.newdawnrisk.com Contact Details FWD Consulting Elliot Lane +44 20 7623 2368 FWDNovidea@fwdconsulting.co.uk Michelle Barry +1 603-809-2748 michelle.barry@chameleon.co Company Website https://novidea.com/

March 05, 2025 08:00 AM Eastern Standard Time

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Bacula Systems Announces Direct Integration with ZFS for Enhanced Backup and Recovery Performance

Bacula Systems

Bacula Systems, a global leader in high-security, high-performance backup and recovery solutions, today announced its latest Use Case: native integration and interoperability with the ZFS file system. This latest enhancement empowers organizations with seamless, high-performance backup and recovery capabilities specifically optimized for ZFS-based infrastructures. The integration of ZFS into Bacula Enterprise enables enterprises and high-performance computing (HPC) environments to take full advantage of ZFS’s advanced storage management features while leveraging Bacula’s robust, scalable, and highly secure backup and disaster recovery capabilities. “Bacula continues to set the standard for reliability, security, and exceptionally high performance in backup and recovery, and our new native ZFS integration further expands our customers’ ability to protect and manage their data in the most efficient way possible. By enabling seamless, high-speed backup and reliable restore operations for ZFS environments, Bacula helps organizations reduce complexity, improve storage efficiency, and maintain strict security and compliance requirements. This is one of a series of important announcements we are making in the high performance file systems space” said Frank Barker, CEO of Bacula Systems. Key Benefits of Bacula’s ZFS Integration: Snapshot-Based Backups: Bacula leverages ZFS snapshots to enable efficient, low-latency backups without impacting system performance. Speed: Bacula’s ZFS capabilities include a fast incremental accelerator for massive file systems and big data volume - all done automatically. Workload Efficiency: Bacula integrates with ZFS's diff feature to quickly backup only necessary/modified files, without needing to scan the entire file system. Advanced Data Protection: Bacula complements its ZFS capabilities with configurable compression, checksum verification, advanced encryption technology, comprehensive ransomware protection, air-gapped architectures, highly flexible immutable storage options and many other highly customizable data protection features for compliance-driven industries. Seamless Scalability: Optimized for large-scale environments, Bacula’s ZFS integration provides ultra-fast backup of snapshot differences of massive datasets. Cost-Efficiency: Organizations can significantly lower their storage costs by leveraging Bacula’s advanced deduplication and compression capabilities in conjunction with Bacula’s efficient data management features. Bacula Systems continues to expand its leadership in providing powerful, customizable, and highly secure backup and recovery solutions tailored for enterprises and HPC environments. The addition of built-in ZFS interoperability underscores Bacula’s commitment to delivering high-performance, flexible, and cost-effective data protection for IT teams managing large and complex workloads. Bacula Systems customers include NASA, Navisite, Texas A&M University, Sky PLC, Warner Bros Discovery, Locaweb and many more. For more information about Bacula’s ZFS integration and enterprise backup solutions, visit www.baculasystems.com. About Bacula Systems: Bacula Enterprise is an exceptionally secure, highly scalable backup and recovery software for large organizations, data centers and MSPs. www.baculasystems.com Contact Details Rob Morrison rob.morrison@baculasystems.com +41 21 641 60 80 rob.morrison@baculasystems.com Company Website https://www.baculasystems.com/

March 05, 2025 07:11 AM Eastern Standard Time

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2025’s Drone Innovators: The Companies Shaping the Future of Flight

ZENA AVAV UAVS EH

Drones have come a long way from being fancy gadgets for hobbyists. Today, they’re revolutionizing industries like agriculture, logistics, defense, and emergency response. The global drone market is already a $30 billion powerhouse, and it’s growing at a solid 10.6% annually. With AI, advanced automation, and innovative models like Drone as a Service (DaaS), the potential is massive. A handful of companies are stepping up with cutting-edge tech, big contracts, and bold visions for the future. These players aren’t just keeping pace with the industry—they’re shaping its trajectory. Let’s take a closer look at some of the key innovators driving this high-flying sector. ZenaTech (Nasdaq: ZENA) is a technology company specializing in AI-powered drones and innovative solutions for defense, agriculture, logistics, and infrastructure. With a strong focus on military applications and a unique Drone as a Service (DaaS) model, ZenaTech is carving out a significant role in the rapidly growing drone industry. The company’s drones are already being tested by the U.S. Air Force and Navy for critical tasks like transporting medical supplies in the field. ZenaTech is also working toward Blue UAS certification, which would allow the U.S. Department of Defense to purchase their drones directly. This is a major opportunity, as the global military drone market is expected to grow from $14 billion in 2023 to $47 billion by 2032. ZenaTech’s DaaS model is another key differentiator. Instead of selling drones outright, the company offers them as a service, making drone technology more accessible to businesses and governments. For example, ZenaTech is using drones to improve border security in Florida, where they can monitor coastlines and assist in search-and-rescue operations. This approach not only opens up new revenue streams but also makes drones more affordable for a wider range of customers. The company is also investing in advanced technology, including AI for improved drone performance and DroneNet, a proprietary communication system that allows drones to operate in areas without internet or cellular service. This is especially important for military missions where reliable communication is critical. ZenaTech is even exploring the use of quantum computing to enhance applications like weather forecasting and traffic management, which could give them a competitive edge in the future. With manufacturing facilities in the UAE and Arizona, ZenaTech is well-positioned to scale up production. Their latest drone, the ZenaDrone 1000, is designed for heavy lifting and long flight times, making it ideal for both military and commercial use. The company plans to produce at least ten drones per month starting in 2025, demonstrating their commitment to meeting growing demand. ZenaTech’s focus on defense contracts, innovative business models, and advanced technology makes it a standout in the drone sector. If the company can execute its plans—especially securing military certifications—it could see significant growth in the coming years. For investors looking to capitalize on the drone industry, ZenaTech is a stock worth watching. AeroVironment, Inc. (NASDAQ: AVAV) is a global leader in intelligent, multi-domain robotic systems, serving defense, government, and commercial markets. With a strong focus on cutting-edge drone technology and autonomous systems, the company has cemented its position as a key player in the rapidly growing drone sector. In February 2025, AeroVironment secured a $288 million delivery order as part of a $990 million contract with the U.S. Army for its Switchblade® loitering munition systems. This contract highlights the company’s critical role in providing advanced, precision-strike capabilities to the military. The Switchblade system, known for its extended range and multi-domain operations, is a testament to AeroVironment’s ability to deliver mission-critical solutions. The company also announced the establishment of FreedomWerx, a state-of-the-art manufacturing facility in Salt Lake City, Utah. This expansion is part of AeroVironment’s distributed production strategy, designed to enhance supply chain resilience and meet growing demand for its autonomous systems. The facility is expected to create over 500 high-paying jobs and further solidify the company’s manufacturing capabilities. AeroVironment continues to push the boundaries of drone technology with the launch of the JUMP 20-X, a next-generation Group 3 uncrewed aircraft system (UAS) designed for maritime operations. Unveiled at the 2025 International Defence Exhibition & Conference (IDEX), the JUMP 20-X offers unmatched versatility, endurance, and precision. With a 13-hour flight endurance, modular payload capacity, and AI-powered autonomy, the system is poised to revolutionize maritime and expeditionary missions. AeroVironment’s growth is driven by its strong defense contracts, technological leadership, and strategic investments. As demand for autonomous systems continues to rise, the company is well-positioned to deliver sustained growth and shareholder value, making it a compelling choice for investors in the drone sector. EHang (Nasdaq: EH) is a global leader in urban air mobility (UAM), pioneering autonomous, eco-friendly aerial vehicles that are reshaping transportation. Its flagship product, the EH216-S, is the world’s first fully certified pilotless eVTOL aircraft, approved by the Civil Aviation Administration of China (CAAC). This certification underscores EHang’s technological leadership and positions it at the forefront of the UAM industry. In 2024, EHang delivered record-breaking results, with fourth-quarter revenues reaching RMB162 million, a 20% increase over guidance and a 187% year-over-year jump. This growth was driven by strong demand for the EH216-S, which has become a cornerstone of the company’s strategy. The aircraft made its debut flight in downtown Shanghai in January 2025, marking a major milestone toward commercial air taxi operations in one of the world’s largest cities. The flight, conducted at Longhua Airport, showcased the EH216-S’s capabilities in urban environments and set the stage for future commercial routes in the Yangtze River Delta region. EHang is also building the infrastructure to support its vision. The company launched the Luohu UAM Exhibition Center in Shenzhen, featuring the world’s first fully automated vertiport for the EH216-S. This facility, with its vertical lift platform and integrated hangar, represents a leap forward in eVTOL operations, reducing costs and optimizing space usage. Strategic partnerships with JAC Motors and Guoxian Holdings further solidify EHang’s position in the low-altitude economy. The collaboration aims to establish a state-of-the-art eVTOL manufacturing base in Hefei, combining EHang’s cutting-edge technology with JAC Motors’ automotive expertise to scale production and meet growing demand. With its first-mover advantage, regulatory milestones, and expanding infrastructure, EHang is well-positioned to capitalize on the booming low-altitude economy, projected to exceed RMB50 billion in Shanghai alone by 2027. For investors, EHang represents a high-growth opportunity in a transformative industry. AgEagle Aerial Systems Inc. (NYSEAMERICAN: UAVS) is a growing force in the drone sector, specializing in full-stack unmanned aerial systems (UAS), sensors, and software solutions for commercial and government applications. Originally focused on agriculture, AgEagle has expanded into energy, construction, and defense verticals, delivering innovative drone technology that addresses critical industry needs. In 2025, the company achieved significant milestones, including a successful demonstration of its eBee VISION ISR platform for the U.S. Department of Defense, showcasing its capabilities in intelligence, surveillance, and reconnaissance. AgEagle also secured a $3.4 million order from the French Army—its largest single order to date—and announced that its eBee drones are the most used fixed-wing drones by U.S. commercial operators, based on FAA registration data. The company further strengthened its global presence at the XPONENTIAL Europe trade show, where its products were featured by major partners like Rheinmetall and Dronivo. Recently, AgEagle completed a milestone order of 60 RedEdge-P Multispectral Sensors, its largest sensor sale ever, highlighting its operational efficiency and market demand. With a focus on innovation, strategic partnerships, and expanding global footprint, AgEagle is well-positioned to capitalize on the growing UAS market, making it a compelling opportunity for investors. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. 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It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by ZenaTech Ltd. to assist in the production and distribution of content related to ZENA. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. 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March 05, 2025 07:00 AM Eastern Standard Time

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