Proactiveinvestors United Kingdom - Mobile Communications RSS feed http://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom - Mobile Communications feed en Sat, 20 Jan 2018 11:20:01 +0000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com action@proactiveinvestors.com Snapchat struggling with high cash burn to keep up with rivals, says analyst http://www.proactiveinvestors.co.uk/companies/news/181999/snapchat-struggling-with-high-cash-burn-to-keep-up-with-rivals-says-analyst-181999.html Fri, 04 Aug 2017 14:17:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/181999/snapchat-struggling-with-high-cash-burn-to-keep-up-with-rivals-says-analyst-181999.html Snap shares receive much-needed lift by broker upgrade after falling to record low http://www.proactiveinvestors.co.uk/companies/news/180853/snap-shares-receive-much-needed-lift-by-broker-upgrade-after-falling-to-record-low-180853.html Thu, 13 Jul 2017 14:07:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180853/snap-shares-receive-much-needed-lift-by-broker-upgrade-after-falling-to-record-low-180853.html Snapchat dealt further blow with Morgan Stanley downgrade after shares fall below IPO price http://www.proactiveinvestors.co.uk/companies/news/180701/snapchat-dealt-further-blow-with-morgan-stanley-downgrade-after-shares-fall-below-ipo-price-180701.html Tue, 11 Jul 2017 14:10:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180701/snapchat-dealt-further-blow-with-morgan-stanley-downgrade-after-shares-fall-below-ipo-price-180701.html Snap Inc: Do Facebook and Google provide a market road map for the beleaguered messaging giant? http://www.proactiveinvestors.co.uk/companies/news/179395/snap-inc-do-facebook-and-google-provide-a-market-road-map-for-the-beleaguered-messaging-giant-179395.html Fri, 16 Jun 2017 13:40:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/179395/snap-inc-do-facebook-and-google-provide-a-market-road-map-for-the-beleaguered-messaging-giant-179395.html Snapchat releases Spectacles camera glasses in Europe amid fierce competition in tech http://www.proactiveinvestors.co.uk/companies/news/178700/snapchat-releases-spectacles-camera-glasses-in-europe-amid-fierce-competition-in-tech-178700.html Fri, 02 Jun 2017 09:50:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/178700/snapchat-releases-spectacles-camera-glasses-in-europe-amid-fierce-competition-in-tech-178700.html Snap Inc continues to lose value on fourth trading day http://www.proactiveinvestors.co.uk/companies/news/174393/snap-inc-continues-to-lose-value-on-fourth-trading-day-174393.html Tue, 07 Mar 2017 15:10:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/174393/snap-inc-continues-to-lose-value-on-fourth-trading-day-174393.html Snap Inc's shares surge in first day of trading but will its value hold up? http://www.proactiveinvestors.co.uk/companies/news/174200/snap-inc-s-shares-surge-in-first-day-of-trading-but-will-its-value-hold-up-174200.html Fri, 03 Mar 2017 10:01:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/174200/snap-inc-s-shares-surge-in-first-day-of-trading-but-will-its-value-hold-up-174200.html Snap shares jump 48% at debut, opening at $24 http://www.proactiveinvestors.co.uk/companies/news/174102/snap-shares-jump-48-at-debut-opening-at-24-174102.html Thu, 02 Mar 2017 21:44:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/174102/snap-shares-jump-48-at-debut-opening-at-24-174102.html Snapchat IPO considered overvalued by analysts http://www.proactiveinvestors.co.uk/companies/news/174021/snapchat-ipo-considered-overvalued-by-analysts-174021.html Wed, 01 Mar 2017 13:10:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/174021/snapchat-ipo-considered-overvalued-by-analysts-174021.html Fastbrick Robotics Ltd to respond to ASX share price query http://www.proactiveinvestors.co.uk/companies/news/165663/fastbrick-robotics-ltd-to-respond-to-asx-share-price-query-70860.html Fastbrick Robotics Ltd (ASX:FBR) has been granted a trading halt by the ASx, pending a response to a share price query.

The halt will remain in place until the opening of trade on Wednesday 7th September 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 05 Sep 2016 22:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/165663/fastbrick-robotics-ltd-to-respond-to-asx-share-price-query-70860.html
Flexiroam Ltd to reveal material agreement http://www.proactiveinvestors.co.uk/companies/news/165545/flexiroam-ltd-to-reveal-material-agreement-70562.html Flexiroam Ltd (ASX:FRX) has been granted a trading halt by the ASX, pending details of a material agreement with an online travel website company.

The halt will remain in place until the opening of trade on Tuesday 23rd August 2016, or earlier if an announcement is made to the market.

 

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Fri, 19 Aug 2016 04:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/165545/flexiroam-ltd-to-reveal-material-agreement-70562.html
Department 13 International Ltd heads to market http://www.proactiveinvestors.co.uk/companies/news/135209/department-13-international-ltd-heads-to-market-70007.html Department 13 International Ltd (ASX:D13) has been granted a trading halt by the ASX, pending details of a capital raising.

The halt will remain in place until the opening of trade on Wednesday 27th July 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 25 Jul 2016 03:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135209/department-13-international-ltd-heads-to-market-70007.html
Department 13 International Ltd to stave off hostile drones in Latin America http://www.proactiveinvestors.co.uk/companies/news/135208/department-13-international-ltd-to-stave-off-hostile-drones-in-latin-america-69901.html Department 13 International Ltd (ASX:D13) has appointed Phoenix Group as the Latin American distributor for its flagship counter-drone technology - MESMER.

The Latin American market is a natural landing point for MESMER, as the ability of criminal organisations to disrupt global trade through drones is a threat in this region.

The Phoenix Group is a security company that provides security services to transportation companies including the prevention of piracy, stowaways, terrorism, narcotics smuggling and other unique services.

The possible utilization of drones to target ships, cargoes, or seaports pose a very real threat to legitimate commerce and the many billions of dollars in assets of the transportation sector.

Phoenix Group will use D13’s MESMER counter-drone solutions to detect, identify and mitigate hostile drone threats and enhance the security of the critical Panamanian trade lanes.

D13 is actively engaged with multiple parties to integrate the MESMER solutions for civil, military and commercial security requirements.

The company has received an invite from the U.S. Department of Defense to showcase MESMER to the U.S. Federal Government at an invitation-only event in September.

D13 had a cash balance of $4 million as at 31 March 2016.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 19 Jul 2016 06:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135208/department-13-international-ltd-to-stave-off-hostile-drones-in-latin-america-69901.html
Peppermint Innovation Ltd partners with Philippines’ largest bill aggregator http://www.proactiveinvestors.co.uk/companies/news/140539/peppermint-innovation-ltd-partners-with-philippines-largest-bill-aggregator-69874.html Peppermint Innovation Ltd (ASX:PIL) has signed a commercial agreement with the largest bill payment aggregator in the Philippines - CIS BAYAD CENTER (CBCI), to provide a mobile payment option to its customers.

CBCI runs a payment collection service for the public related to utilities, telecommunications, cable TV, electronic wallet, credit card and other services.

The ‘Peppermint Payment Collection Solution’ will be the first mobile application used by CBCI for the payment of bills.

Peppermint Innovation has a business model in developing countries to provide an mobile fund remittance and payments application for the millions of people not currently linked to traditional banks.

With 75% of Filipinos without a traditional banking model in 2015 but with mobile phone penetration at 100%, the opportunity in the remittance market is significant.

Money transfers for these people are currently done manually in Philippines, with third parties charging up to 9% to transfer funds. Peppermint's platform charges about 2.5-3%.

The company generated revenues of $152,000 in the March 2016 quarter, executing about 1.13 million transactions per month in the Philippines.

Peppermint Innovation joined ASX’s fintech sector in November 2015 following a successful $3.87 million capital raising.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 18 Jul 2016 07:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/140539/peppermint-innovation-ltd-partners-with-philippines-largest-bill-aggregator-69874.html
Fastbrick Robotics Ltd builds automated bricklaying commercial prototype http://www.proactiveinvestors.co.uk/companies/news/135970/fastbrick-robotics-ltd-builds-automated-bricklaying-commercial-prototype-69870.html Fastbrick Robotics Ltd (ASX:FBR) has commenced construction of its automated bricklaying commercial prototype, following the success of the technology in a demonstrator.

The company is using a mobile robotic technology that is fully automated and the ‘end-to-end’ bricklaying robot is mounted on a truck with a 30 metre boom and it is claimed can lay up to 1,000 bricks per hour.

The robot can handle different brick sizes and complete all of the cutting, grinding, milling and routing of the bricks prior to laying.

Fastbrick has filed patent applications covering several of the new technologies that will be incorporated into the prototype called Hadrian X.

The potential market is a sizeable one with total revenues estimated for the Australian bricklaying industry at $3.2 billion in FY15. About 80% of the cost of brick construction is attributed to manual bricklaying labour.

In the U.K., about 1.81 billion bricks were laid in FY15 at a cost of $3.21 per brick, presenting a compelling market opportunity for Fastbrick. The worldwide addressable market is in excess of $100 billion.

Perth-based Fastbrick Robotics listed on the ASX in November 2015 after completing a $5.75 million capital raising.

The company has already received interest in the Hadrian X from major construction companies and machine manufacturers.

Fastbrick had $4.5 million in cash as at 31 March 2016.

 

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Mon, 18 Jul 2016 06:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135970/fastbrick-robotics-ltd-builds-automated-bricklaying-commercial-prototype-69870.html
Department 13 International Ltd to update on contract http://www.proactiveinvestors.co.uk/companies/news/135207/department-13-international-ltd-to-update-on-contract-69761.html Department 13 International Ltd (ASX:D13) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Department 13 requested the halt pending further information concerning the size and operation of the US Navy Research Labs and Parsons Prime Contract and Department 13's sub contract for networking, communications and cyber security services to the US Navy.

The halt will remain in place until the opening of trade on Thursday 14th July 2016, or earlier if an announcement is made to the market.

 

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Tue, 12 Jul 2016 05:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135207/department-13-international-ltd-to-update-on-contract-69761.html
Department 13 International Ltd takes aim at U.S. counter drone market http://www.proactiveinvestors.co.uk/companies/news/135206/department-13-international-ltd-takes-aim-at-us-counter-drone-market-69633.html Department 13 International Ltd (ASX:D13) has launched MESMER-EX, a counter drone solution to detect, alert, and mitigate drones used for criminal activities.

The market for drones is expected to reach $100 billion by the year 2020 and the unfortunate reality is that some of these could end up in the hands of parties using them for illegal or terrorist objectives.

D13 is engaged with multiple parties to integrate the Mesmer solutions for civil, military and commercial security requirements.

The company‘s business model is the sale of Mesmer software licenses on an annual fee basis with associated training income.

In March 2016, D13 established a strategic relationship with Booz Allen Hamilton (NYSE:BAH) who will be a preferred systems integrator for D13’s counter drone technology for U.S. defence opportunities.

D13 was recently selected as one of the eight finalists from over 40 applicants in the ‘Countering Unmanned Aircraft Systems Challenge’ to be held at the U.S. Marine Base in Quantico, Virginia.

This is a great lead for D13 ahead of the U.S. Department of Defense invitation for D13 to showcase Mesmer to the U.S. Federal Government at an invitation-only event in September.

D13 has 11 granted patents and 14 patent applications in its IP portfolio in advanced networking and communications.

The company had a cash balance of $4 million as at 31 March 2016.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 05 Jul 2016 07:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135206/department-13-international-ltd-takes-aim-at-us-counter-drone-market-69633.html
Flexiroam Ltd to drive data roaming services via Bangkok travel portal http://www.proactiveinvestors.co.uk/companies/news/136092/flexiroam-ltd-to-drive-data-roaming-services-via-bangkok-travel-portal-69456.html Flexiroam Ltd (ASX:FRX) is continuing its aggressive push of its data roaming products into the Asian travel market by forming a strategic partnership with internet marketing company Netccentric Ltd (ASX:NCL).

Flexiroam enables travellers to bypass roaming charges around the world.

Today's deal will be marketed via Netccentric's AroiMakMak.com, a travel resource for international travellers in Bangkok to market and distribute Flexiroam’s data roaming solution, Flexiroam X.

Flexiroam X is an interesting technology, whereby users apply a thin microchip-embedded film to their existing SIM, allowing them to switch over to Flexiroam’s partnering networks for data access.

The objective of the partnership is to increase the number of Flexiroam X subscribers across the region.

Thailand represents a significant market opportunity for Flexiroam as one of Asia’s leading tourist hubs.

Flexiroam currently provides budget roaming services in Asia Pacific to more than 800,000 subscribers, generating revenues of about $8.3 million at 31 March 2016, representing 240% compound annual growth rate over four years.

With over 1.4 billion outbound travellers anticipated globally by 2019, of which many will be first time travellers, Flexiroam will be targeting the growing data and voice roaming market.

It is estimated that by 2019, the data and voice roaming market will be worth US$139 billion, with data making up over 35% at US$50 billion.

Flexiroam has a strong balance sheet, with $6.7 million cash as at 31 March 2016.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 27 Jun 2016 07:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/136092/flexiroam-ltd-to-drive-data-roaming-services-via-bangkok-travel-portal-69456.html
Department 13 granted U.S. patent for data transfer technology http://www.proactiveinvestors.co.uk/companies/news/135205/department-13-granted-us-patent-for-data-transfer-technology-68305.html Department 13 International Ltd (ASX:D13) has been granted a U.S. patent for a networking technology that will enhance D13’s drone defence capabilities along with broader applications in Wi‐Fi and cellular communications networks.

The patent reapplies an algorithm, used to decode noisy radio signals, that finds a more optimal way to store and deliver data in distributed networks to serve more customers.

D13 focuses on wireless and mobile technologies including drone defence, cellular communications and cyber security for mobile devices.

It can be used in all types of wireless and wired communications, and is particularly useful for streaming video and other multimedia services.

The technology will also provide direct application to drone defence technology, by dramatically improving ad‐hoc networks used to detect and communicate with airborne targets.

The company is anticipating significant interest in the technology from telecom companies, which are burdened with congested networks and weak signals.

D13 now has 11 granted patents and 14 patent applications in its IP portfolio.

The share price has been in an upward trend and doubled since February 2016.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 27 Apr 2016 08:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135205/department-13-granted-us-patent-for-data-transfer-technology-68305.html
Fastbrick Robotics Ltd to update on proof of concept tests http://www.proactiveinvestors.co.uk/companies/news/135969/fastbrick-robotics-ltd-to-update-on-proof-of-concept-tests-68249.html Fastbrick Robotics Ltd (ASX:FBR) is preparing to outline details on the proof of concept tests on the Hadrian 105 Technology Demonstrator, with the ASX granting the company a trading halt to prepare.

Fastbrick has developed mobile robotic technology for the global brick construction industry.

The halt will remain in place until the opening of trade on Wednesday 27th April 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Fri, 22 Apr 2016 08:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135969/fastbrick-robotics-ltd-to-update-on-proof-of-concept-tests-68249.html
Reffind Ltd heads to market http://www.proactiveinvestors.co.uk/companies/news/142344/reffind-ltd-heads-to-market-67996.html Reffind Ltd (ASX:RFN) is heading to market with a capital raising, and the ASX has granted the company a trading halt to prepare.

The halt will remain in place until the opening of trade on Wednesday 13th April 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 11 Apr 2016 06:00:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/142344/reffind-ltd-heads-to-market-67996.html
Department 13 eyes alliance with Booz Allen Hamilton for U.S. defence opportunities http://www.proactiveinvestors.co.uk/companies/news/135204/department-13-eyes-alliance-with-booz-allen-hamilton-for-us-defence-opportunities--67747.html Department 13 International Ltd (ASX:D13), a technology company focused on wireless and mobile technologies has established a strategic relationship with Booz Allen Hamilton (NYSE:BAH).

D13 has ten patents and fourteen patent applications in technologies like drone defence, local area and wide area cellular communications and cyber security for mobile devices.

Booz Allen is a global provider of management and technology consulting and engineering services to Fortune 500 corporations, governments, and not‐for‐profits.

Booz Allen will be a preferred systems integrator for D13’s counter UAV (unmanned aerial vehicle) technology for US defence opportunities.

Booz Allen has key relationships with significant parts of the defence community and D13’s strategic relationship with Booz Allen will enable the company to access this market.

In January 2016, D13 announced that the company is actively promoting the advantages of its commercial counter-drone platform to the U.S. government with live demonstrations for a number of national security agencies.

D13 shares have been on an upswing this month, with the share price increasing by more than 58% since 1 March 2016.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Tue, 29 Mar 2016 08:30:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/135204/department-13-eyes-alliance-with-booz-allen-hamilton-for-us-defence-opportunities--67747.html
Fastbrick Robotics Ltd to reveal a number of validation tests http://www.proactiveinvestors.co.uk/companies/news/135968/fastbrick-robotics-ltd-to-reveal-a-number-of-validation-tests-67371.html Fastbrick Robotics Ltd (ASX:FBR) recently re-listed on the ASX after raising $5.75 million to develop its technology.

The back door listing into DMY Capital Limited (ASX:DMY).

Fastbrick aims to improve the speed, accuracy and safety of the global brick construction industry using robotic technology.

The halt will remain in place until the opening of trade on Wednesday 9th March 2016, or earlier if an announcement is made to the market.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Mon, 07 Mar 2016 07:00:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/135968/fastbrick-robotics-ltd-to-reveal-a-number-of-validation-tests-67371.html
Flexiroam talks go to market strategy at Proactive's Spotlight CEO Sessions http://www.proactiveinvestors.co.uk/companies/news/136091/flexiroam-talks-go-to-market-strategy-at-proactives-spotlight-ceo-sessions-66860.html Telecommunications company Flexiroam (ASX:FRX) has accelerated its growth trajectory in recent weeks with a string of milestones setting up a potential for significant expansions in 2016.

In Sydney and Melbourne this week, Jef Ong, CEO, presented exclusively to investors the company's go to market strategy, and why the company was recognised as the world’s leading travel communications provider for 2015 by World Travel Awards.

The Flexiroam app allows users to communicate with one another for free, over an Internet connection, using its in-built voice, video and messaging features.

Flexiroam achieved extraordinary sales results for the first five months of FY16, recording total sales of $5.9 million, surpassing sales achieved in the full financial year of 2015.


ACCESS the FULL PRESENTATION HERE

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Thu, 04 Feb 2016 21:00:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/136091/flexiroam-talks-go-to-market-strategy-at-proactives-spotlight-ceo-sessions-66860.html
Flexiroam’s CEO Jef Ong locked for Proactive's Spotlight CEO Sessions http://www.proactiveinvestors.co.uk/companies/news/136090/flexiroams-ceo-jef-ong-locked-for-proactives-spotlight-ceo-sessions-66553.html Thu, 21 Jan 2016 21:10:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/136090/flexiroams-ceo-jef-ong-locked-for-proactives-spotlight-ceo-sessions-66553.html Peppermint Innovation to provide payment solution for migme customers http://www.proactiveinvestors.co.uk/companies/news/140538/peppermint-innovation-to-provide-payment-solution-for-migme-customers-66583.html Digital payments company Peppermint Innovation (ASX:PIL) has signed an agreement with migme Limited (ASX:MIG) to look into providing a payment solution to migme customers in the Philippines.

The recently listed fintech Peppermint has built an app used by 45,000 of the customers of three of the biggest banks in the Philippines.

migme is a social network focused on India, Indonesia and the Philippines, which is also moving into payments.

Fintechs seek to disrupt the traditional banking system by using software to provide financial services.

Peppermint mobile banking, payments and remittance technology platform aims to provide access to banking services for millions of people not currently linked to traditional banks.

Peppermint listed through the shell of Chrysalis Resources.

 

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Fri, 15 Jan 2016 00:50:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/140538/peppermint-innovation-to-provide-payment-solution-for-migme-customers-66583.html
Department 13 courts U.S. defence contractors with drone tech http://www.proactiveinvestors.co.uk/companies/news/135203/department-13-courts-us-defence-contractors-with-drone-tech-66547.html Wireless and mobile technology company Department 13 International (ASX:D13) has continued to actively promote the advantages of its commercial counter-drone platform to the U.S. government with a successful live demonstration for a number of national security agencies.

The live demonstration was attended by representatives from the Defense, Homeland Security, Law Enforcement and Intelligence communities, and is expected to be followed up with another exhibition for a significant Department of Defense client later this month.

The demonstration covered how D13 counter-drone technology can acquire and simultaneously take control of multiple commercial drones, capture video transmissions from these drones and effect a controlled landing of the drones at a designated safe zone.

The platform uses sophisticated and novel methods to manipulate drones, allowing users to automatically detect drones and stop, redirect or safely land them.

D13 held initial live technology demonstrations and presentations for leading U.S. defence industry contractors and security system corporations involved in securing and protecting critical infrastructure and public sporting facilities.

D13 is finalising the lease for a new research and development facility in the Baltimore Washington Corridor, at the heart of the U.S.’s fourth largest marketplace, positioned between Washington, D.C. and Baltimore.

This facility places D13 at the heart of the U.S. military, political and intelligence communities.

The company has meanwhile grown its team to 13 employees and 10 contractors.

The team represents a combined 130 years of technology development experience and benefits from leadership including non-executive director Gavin Rezos, who also serves as executive chairman of Alexium International (ASX:AJX), that is developing leading edge chemical solutions for the military and commercial sectors.



Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 13 Jan 2016 02:30:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/135203/department-13-courts-us-defence-contractors-with-drone-tech-66547.html
amaysim Australia ups the ante with mobile network acquisition http://www.proactiveinvestors.co.uk/companies/news/131800/amaysim-australia-ups-the-ante-with-mobile-network-acquisition-66405.html Mobile service reseller amaysim Australia (ASX:AYS) has completed the acquisition of 100% of the shares in Vaya Pty Ltd, a privately owned mobile virtual network operator.

The acquisition has an enterprise value of $70 million, including an equity value of $20 million with $5 million to be paid in cash to Vaya vendors on completion and $15 million of amaysim shares issued to Vaya’s vendors over a period of 12 months in 3 equal tranches.

The deal is expected to be materially accretive on an underlying NPATA basis for amaysim shareholders in FY17.

Amaysim has more than 718,000 customers using the Singtel-Optus network.

Vaya, like amaysim, utilises the Optus 4G Plus network and with 140,000 subscribers has a strong presence in the sub-$20 market segment in Australia.

Founded in 2011, Vaya Group operates its business 100% online with no retail presence. Vaya has established itself as a low cost mobile product suite, with the majority of its 140,000 subscribers on its $18 monthly offering.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

 

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Mon, 04 Jan 2016 00:30:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/131800/amaysim-australia-ups-the-ante-with-mobile-network-acquisition-66405.html
SITO Mobile gets cash injection http://www.proactiveinvestors.co.uk/companies/news/120255/sito-mobile-gets-cash-injection-120255.html Wed, 09 Dec 2015 14:29:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/120255/sito-mobile-gets-cash-injection-120255.html Fastbrick Robotics is Friday's ASX Most Traded with 61 million http://www.proactiveinvestors.co.uk/companies/news/135967/fastbrick-robotics-is-fridays-asx-most-traded-with-61-million-65730.html Friday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume
Fastbrick Robotics FBR $0.031 -13.89% 61,308,853
King Solomon Mines KSO $0.008 14.29% 57,982,255
Dourado Resources DUO $0.011 22.22% 36,796,316
Raya Group RYG $0.048 -2.04% 34,767,135
ResApp Health RAP $0.086 0% 29,589,768
Datadot Technology DDT $0.028 33.33% 24,024,195
Lynas Corporation LYC $0.086 -1.15% 21,183,674
xTV Networks XTV $0.013 -7.14% 20,015,843
Santos STO $4.120 -4.85% 19,642,060
Myer
MYR $1.030 4.57% 17,520,511


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Sun, 22 Nov 2015 22:00:00 +0000 http://www.proactiveinvestors.co.uk/companies/news/135967/fastbrick-robotics-is-fridays-asx-most-traded-with-61-million-65730.html