Category Archives: Business

Money Saver Storage – Stanwood Opens in Stanwood, WA

Stanwood, WA, April 04, 2024 — Money Saver Storage – Stanwood announced the opening of a new self-storage facility, located at 26912 Florence Rd., at the intersection of Florence Rd. NW and 270th St. NW in downtown Stanwood.

The facility comprises 355 storage units, totaling 59,070 sq. ft. of storage space. It offers a variety of storage unit sizes, ranging from 5 x 5 units suitable for boxes and small furniture, to 12 x 20 units ideal for storing household goods or business inventory. All units are accessible at ground level with drive-up access, and the facility includes heated options to maintain items in optimal conditions throughout the year.

Additionally, the facility provides storage solutions for RVs and boats, with units varying in size from 15 x 20 to 12 x 40. Select units feature power hookups to facilitate maintenance and readiness. The security measures implemented at Money Saver Storage – Stanwood include 24-hour recorded video monitoring, pin-code access at entrances, and LED lighting.

Money Saver Stanwood LLC is the owner of the operation, and, in collaboration with Trachte Building Systems, designed the facility. Peak Development LLC is the developer and builder. West Coast Self-Storage Group, headquartered in Everett, Washington, will oversee operations.

“This was a very challenging site that required 6-8′ of fill across the entire lot, something we hadn’t done before and was quite a large undertaking,” said Kyle Schrader, owner of Money Saver Storage- Stanwood. “Dawson Construction partnered with us on filling the lot and the civil contracting. This project would not have been possible without their expertise and efforts. We also relied heavily on local businesses such as Smokey Point Concrete, Skagit Aggregates, Swift Electric, and many others that worked together to help make this project a success. We are grateful for everyone that has contributed to our project and are excited to hand the keys over to West Coast Self Storage who we think will do an amazing job leading the Money Saver Brand as we enter into the Stanwood market.”

Sophie Vetter, District Manager for West Coast Self-Storage, echoed those comments. “We are thrilled to introduce Money Saver Storage to the Stanwood community. We believe the residents of Stanwood will truly appreciate having a new, high-quality option for both self-storage and RV storage right in their area. Our commitment to security, accessibility, and customer service means we’re not just offering space; we’re providing peace of mind and convenience. We look forward to becoming an integral part of the Stanwood community and serving its storage needs.”

West Coast Self-Storage Group, headquartered in Everett, WA, is a well-established player in self-storage property management, acquisitions, and development, with a portfolio spanning 131 locations across the Western United States. More information is available at WestCoastSelfStorage.com and SelfStoragePropertyManagement.com.

Press Releases Empowering Women Entrepreneurs

Pune, India, April 04, 2024 –CE Shreekant Patil, a certified LEAN MSME consultant and esteemed Mentor at Startup India, founder of PARENTNashik was the distinguished guest at the Women’s Wing of SCGT annual conference held at Enrise by Sayaji Hotel in Wakad, Pune. The event, which aimed to provide guidance on various government schemes for women empowerment, capacity building, first-time exporters, NSIC, and MSME schemes, witnessed the attendance of over 100 women entrepreneurs.

CE. Shreekant Patil was warmly felicitated by the Managing Trustee of SCGT, Mr. Dugade, and received a warm welcome from Deputy Secretary of SCGT, Dr. Pradnya Bapat, Women Cell Head Dr. Manisha Bankar, and Deputy Women Cell Head Dr. Sharayu Kshirsagar. During his insightful session, CE. Shreekant Patil shared valuable information on startups, ecosystems, seed funding schemes, and various MSME initiatives such as PMEGP, CMEGP, NSIC, PMFME, IC, and others for over an hour.

The session proved to be fruitful as Shreekant Patil dedicated time to personally meet and assist each woman entrepreneur from across Maharashtra, encouraging them to expand their businesses. He emphasized the importance of obtaining import-export licenses and venturing into the export business, offering his unwavering support and promising to onboard all 100 women entrepreneurs to ONDC soon.

Expressing their gratitude, the dignitaries from Saturday Club Global Trust commended CE. Shreekant Patil for his invaluable guidance and requested him to continue empowering women through regular insightful sessions.

Shreekant Patil is Founder of Startup – PARENTNashik, Exporter, Chartered Engineer, Valuer, (P &M), Trainer, Assessor at NSDC (Govt.), Counselor at NCS, Consultant – Advisor at UN, European Union, Asian Development Bank, African Bank, Euro Exim Bank, Sidbi, Professor of Practice at UGC, Governing Body member at various international Chamber of Commerce., Advisory board member at IIC, IQAC, E-Cell at various university & Colleges, Mentor at Startup India, Meity Startup Hub, BIRAC, E-Cell IIT Bombay, and various foundation incubation center in India and other countries like USA, Europe, Middle East & Asia.

Apex Restaurant & Market Solutions Opens Newest Cafe

(Kansas City, Mo., April 4, 2024) – Apex Restaurant & Market Solutions recently opened a new café at the Overland Park Xchange located at 6800 W. 115th St. in Overland Park, Kan. The newly branded Sunflower Café is a 12,000-square-foot space which seats 250 guests and is open to the building’s tenants that include Dynamic Logistix, Optum Rx, Selectquote Auto & Home Insurance, and United Healthcare.

Apex Restaurant & Market Solutions is the largest independently owned corporate food service company based in Missouri with offices in St. Louis, Kansas City, Colorado, and Iowa. Elite Cuisine, Apex’s exceptional culinary experience, will handle all corporate dining and catering services at the new café.

Elite Cuisine employees Nikki Beebe, who has been with the company for 18 years, was promoted to Sunflower Café’s manager, and Titus Singleton, who has been with Elite for three years, was named chef.

More than 1,000 employees who work in the building will be able to dine at the Sunflower Café, which offers a diverse range of dining options including hot breakfast and lunch entrées, a full soup and salad bar, and comprehensive catering services. The café’s space is ideal for tenants to enjoy a meal, hold meetings, or organize large business events with catered food service. Operating hours are from 7 a.m. to 1:30 p.m. on Mondays through Thursdays.

“Corporate food service has evolved significantly since Covid when many employees worked from home,” said Apex Restaurant & Market Solutions President & Founding Partner Brian Porembski. “We have helped our clients shift their perspective toward food service benefits post-pandemic. Focusing on providing easily accessible, healthy food options has become a crucial incentive for employees returning to the office. This change reflects a growing awareness of the importance of convenient, high quality food choices in the workplace.”

Leif Assurance Hires Commercial Lines Account Manager

Mayra Galvan has 13 years of insurance industry experience along with an Elite CISR designation.

(St. Louis, Mo., April 4, 2024) – Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, recently hired Mayra Galvan as Commercial Lines Account Manager.

In her new role, Galvan will be responsible for managing all aspects of the renewal process for Leif Assurance’s clients, as well as assisting with new business acquisitions. She will also be overseeing the needs of current client accounts and ensuring they are handled in a timely manner.

Galvan brings 13 years of insurance industry experience to her position. Prior to joining Leif Assurance, she held various roles including Senior Insurance Account Executive where she managed a $6 million book of business, and as an Insurance & Property Tax Manager overseeing both commercial and personal lines accounts.

Galvan is an Elite Certified Insurance Service Representative (CISR), a nationally recognized designation for insurance customer representatives who have achieved Elite Status by demonstrating a commitment to customer service and insurance knowledge. As an Elite CISR, she possesses a strong understanding of commercial and personal lines coverages, technical insurance information, risk management concepts, and best practices for running an insurance agency.

“Mayra’s Elite CISR designation shows her dedication to our industry in terms of sales and service expertise,” said Leif Assurance CEO JD Powers. “Her extensive background makes her an excellent asset to our team, and we look forward to sharing her technical insurance knowledge with our growing list of clients.”

Founded in 2022, Leif Assurance offers actionable risk management, as well as data-driven pricing models to build the most accurate risk profiles so contractors are rewarded for safe job sites with earned insurance savings. Leif provides cost-effective and comprehensive insurance solutions for worker’s compensation, general liability, builders’ risk, inland marine, and commercial auto.

Leif Assurance is the sister company of Powers Insurance & Risk Management and Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Powers Insurance & Risk Management is one of the largest family owned and operated independent insurance agencies in the bi-state region. All three companies are located at 6825 Clayton Ave. For more information about Leif Assurance, call (314) 202-4200 or visit www.leifassurance.com.

Nectar Announces Strategic Partnership with SHRM

Orem, UT, April 04, 2024 –A lack of recognition is one of the top reasons employees feel disengaged and less productive. Nectar’s leading employee recognition and rewards platform is a simple way for employees to send each other shoutouts for great work while also tying that recognition to company core values, and redeeming points for rewards.

HR and People leaders at organizations are increasingly found to be the primary drivers behind initiatives to further enable culture and drive recognition programs to success. This new partnership between SHRM and Nectar allows for the most prestigious group of HR professionals in the world to have access to special pricing and further the Nectar mission of helping people to feel valued and appreciated at work.

Key Highlights

Enhance Employee Engagement: The partnership leverages Nectar’s software platform to enhance employee engagement through personalized and meaningful recognition programs, aligning with SHRM’s commitment to fostering positive workplace environments.

Comprehensive Toolkit Integration: Nectar’s software seamlessly integrates with HRIS and communication softwares allowing employees simple ways to recognize, and providing HR professionals with a solution to streamline rewards and recognition initiatives.

Help Employers and Employees Thrive: The partnership helps more companies put recognition directly into the hands of employees, connecting them to the company values, and enabling organizations to engage and retain workers more effectively.

Trevor Larson, CEO of Nectar, remarked, “We are excited to strategically partner with SHRM – the premier thought leader in HR. This partnership reinforces our commitment to fostering positive workplace cultures and recognizes the pivotal role of employee recognition in organizational success.”

Jim Link, CHRO of SHRM commented, “Having used the Nectar platform internally at SHRM to enhance employee recognition, this strategic partnership is an exciting next step to help elevate cultures and amplify the recognition movement to organizations around the world.”

Lehigh Valley Business Announces 2024 Women of Influence

Allentown, PA, April 04, 2024 –The Manufacturers Resource Center (MRC) announced today that Lehigh Valley Business has selected Karen Buck, Director of Workforce Initiatives at MRC, as a 2024 Women of Influence recipient.

Women of Influence Awards honor high-achieving women for their career accomplishments. The honorees are selected based on their professional experience, community involvement, and commitment to mentoring. To be eligible for the awards, the winners must live or work in the Greater Lehigh Valley region.

“Karen is a true catalyst for change and the image of manufacturing. She is a driving force behind the What’s So Cool Student Video Contests and the Pennsylvania Dream Team Ambassador Program that impact thousands of students across the region,” says Rich Hobbs, President & CEO of the Manufacturers Resource Center. “Her commitment to STEM education and introducing the next generation of manufacturing professionals to careers in manufacturing is unwavering.”

“The 2024 Women of Influence are professionally successful and committed to their communities and mentoring. They create change, break barriers, and lead organizations making the Lehigh Valley a wonderful place to live and work,” said Suzanne Fischer-Huettner, managing director of BridgeTower Media/Lehigh Valley Business.

This year’s Women of Influence will be honored at an awards celebration on May 8 at DeSales University’s University Center, 2755 Station Road in Center Valley. A networking reception begins at 5:00 PM, followed by dinner and an awards celebration at 6:00 PM. The event hashtag is #LVBevents.

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Winners of the 2024 Internet Advertising Competition Awards

Boston, MA, April 04, 2024 — The Web Marketing Association announces the winners of its 22nd annual Internet Advertising Competition (IAC) Awards, to honor excellence in online advertising and to recognize the individuals and organizations responsible for the best in Internet marketing. The IAC Awards are the first and only industry-based advertising award competition dedicated exclusively to online advertising. The Competition web site with a complete list of winners is located at www.IACAward.org

“At a time when everyone could use a morale boost, the winners of the 22nd annual Internet Advertising Competition (IAC) Awards represent the best in online advertising in 86 industries and 10 advertising formats,” said William Rice, president of the Web Marketing Association, Inc. “The Web Marketing Association is pleased to help set the standard for Internet excellence with the IAC Awards by highlight the best in online advertising by medium and industry.”

Best of Show Winners

These Best of Show winners represent the pinnacle of achievement across all industries. The Web Marketing Association is pleased to help set the standard for Internet excellence with the IAC Awards by highlighting the best in online advertising by medium and industry.

Here are this year’s Best of Show winners:

Infillion and Rufus for Amazon, winner of Best of Show Online Ad

Sanky Communications for African Wildlife Foundation Congo Basin, winner of Best of Show Online Campaign

Most Likely To for SF Climate Action Plan, winner of Best of Show Online Video Campaign

The Heist for It Was There All Along – Original Animation, winner of Best of Show Online Video

Data Axle and Marriott International for Marriott Bonvoy Inspires Travel with Design, Imagery and Animation, winner of Best of Show Online Newsletter Campaign

Ad Cucina for Biscuit Belly e-mail campaign, winner of Best of Show Email Campaign

Zeta Global | AirMedCare Network, GMR for AMCN January Prospect Gift Card Email, winner of Best of Show Email Message

Hong Kong Trade Development Council for HKTDC Marketplace App, winner of Best of Show Mobile Application

Sanky Communications for GLAAD Holiday Year End Campaign, winner of Best of Show Social Media Campaign

US Virgin Islands Department of Tourism and Miles Partnership for US Virgin Islands Website, winner of Best of Show Website

Critical Mass and TBWA/Chiat/Day for Wives’ House, winner of Best of Show Integrated Ad Campaign

John Hancock Investment Management for Portfolio Insight: An intuitive, powerful portfolio-building tool for advisors and investors, winner of Best of Show Interactive Application

Top Agency Winners

The Web Marketing Association recognizes the agency that demonstrates consistent excellence in online advertising development by winning more IAC Awards than any of their peers in a single competition. Each entrant was awarded points based on the level of award for each award received. The agency with the most points is awarded the Top Agency Award.

Infillion is recognized with the 2024 Top Agency Award for second year in a row, winning 14 IAC Awards, including a Best of Show award, 26 Best of industry awards and a total of 172 quality points towards the Top Agency Award. Infillion develops technology solutions that help unify the customer journey for a more personalized approach to advertising, marketing, and operations.

Five additional organizations were recognized as Outstanding Advertising Developers in the 2024 IAC Awards for winning 6 or more awards. They are:

AGENCY (number of awards)
Patients & Purpose (11)
Zeta Global (10)
Miles Partnership (10)
TMV Group (8)
Hong Kong trade Development Council (6)

RWA Finance Pioneers DeFi 2.0 Mine First to Grab RWA Dividend

Los Angeles, CA, April 04, 2024 –It has recently been announced that RWA Finance has gone live with Swap trading and opened the Liquidity Market Reward, releasing 73,136 RWAS rewards daily to liquidity providers. Everyone can become liquidity providers (LPs) by injecting a certain percentage of RWAS and USDT assets into the liquidity pool.

Initial Mine with surprisingly wealthy effects
Initial Mine refers to tokens that are mined within 10 days before the mining product goes live. During this period, the token rewards are very high, and may even be several times in subsequent days.

In the case of POW and DeFi mining preceding period, more tokens are mined because there are fewer people (funds) involved in mining. At the same time, the miners were the first to get higher gains in the price of tokens.

• During the BTC initial mining period, you were able to mine dozens of BTC per day with an ordinary computer; nowadays there are professional miners who mine less than 0.0001 BTC per day.
• DeFi projects such as COMP, BAL, YFI, its token price was bought up to more than 110 times within a short period.
• During the RWAS initial mining period, RWAS daily LP prize pool of 73136 RWAS (worth over $40,000) and transaction fees all.

RWAS is the utility token for the RWA Finance platform. RWA Finance is a revolutionary blockchain platform dedicated to reforming the issuance and trading of real-world assets (RWAs). RWA Finance efficiently connects diverse assets such as stocks, bonds, commodities, and cryptocurrencies, providing users with solutions for diversified asset allocation.

Less than 2 days after the RWAS mine opened, the assets involved in the RWAS/USDT liquidity pool ranked 14th in the Arbitrum chain, exceeding $2.6 million.

RWAS Pioneers DeFi 2.0 with dual token mine
The maximum supply of RWAS are 500M tokens, and the emission are about 252.2 million tokens, accounting for 50.42% of the total. According to the emission plan, the first year is 66,736,164,000 RWAS, and the subsequent annual emission decreases by 26.47%. Among them, LP emissions account for 40%, and the LP daily incentives are about 73,136 RWAS. The total value will be more than $40,000 according to the latest market price of $0.547/RWAS.

Currently, there are about 160M RWAS in circulation with 80% going into the VE governance pool, which means that there is a scarcity of RWAS in circulation in the secondary market. Profitability is also guaranteed by the following four points:

• Pool size: 73,136 RWAS per day. Even if there are only a few people mining in the early stage, the rewards will be released in full.
• Transaction fee allocation: USDT/RWAS transaction fee (rate of 0.3%) is fully allocated to LPs.
• Extra Rewards: LPs who also participate in VE stake will not only receive an annualized return increase, but also occasional RWAS airdrops
• RWAS tokens guaranteed its trading depth. There is a lot of DeFi mining that rewards irrelevant tokens and is difficult to liquidate.
• DeFi 2.0 mining: liquidity pool LP and veToken prevents DeFi protocol liquidity draining and bubbles, and protects the rights and interests of LPs.

In the DeFi 1.0 stage, although many trades gained considerable revenue, the sustainability of the project could not be guaranteed. When the transaction volume is insufficient, LPs may suffer token price crashes ultimately.

RWA Finance guarantees the protocol through the dual mechanism of VE governance (veToken and LP), with the VE Lock pool effectively controlling liquidity while LP Pool guaranteeing sufficient liquidity. Besides, the community is also able to independently initiate proposals to adjust the emission shares through democratic voting (veToken holders) to ensure they are not in excess or depleted by reasonable token supply.

RWAS earnings can be expected to mine safely
RWA Finance’s Swap is built on the Arbitrum chain with Automated Market Maker (AMM) mechanism to provide liquidity, which is carried out between traders and a liquidity pool. The RWA Finance liquidity pool is driven and managed by smart contracts. Everyone injects a certain percentage of RWAS and USDT to successfully provide liquidity providers (LPs), enjoying Swap trading fee dividends and RWAS token earnings.

Theoretically, the earlier participates in RWAS mining, the more amount of RWAS that will be gained. As more users and assets are injected, the same amount of assets will become a smaller percentage of the total LP pool. After all, RWA Finance’s Swap has not been around long enough for many RWAS holders accustomed to CEX to complete their asset chain operations, and there is very little information available to USDT holders in the Arbitrum.

• High security mining. Swap is a decentralized protocol. You can freely trade by connecting your own wallet.
• Low threshold, high profit. There is no minimum quantity to participate in LP mining, and even a small amount of RWAS in the early stage may earn dividends.
• Potential gains. RWA is regarded as the core narrative of bull market. RWAS, as the first to lay out, introduced an advanced VE governance model and possessed the strength to lead the RWA sector.

How to mine RWAS?
RWA Finance platform supports Uniswap V2 RWAS/USDT. On the official website, you can connect Arbitrum chain wallet to buy RWAS and add liquidity for mining.

• LP Reward: 73136 RWAS/day; 100% dividend on transaction fee; LPs who also participate in VE stake will not only receive an annualized return increase, but also occasional RWAS airdrops.
• Website: www.rwa-finance.com
• Support Chain: Arbitrum
• Trading Pair: RWAS/USDT
• Core Steps: Add RWAS/USDT liquidity in Uniswap V2. You can get the LP and RWAS reward by locking the LP.

RWA Finance efficiently connects diverse assets such as stocks, bonds, commodities, and cryptocurrencies, providing users with solutions for diversified asset allocation. RWA builds a channel between traditional and crypto finance, carrying a multi-trillion-dollar asset market, which can provide better liquidity to drive market growth. RWA is also regarded as the next growth engine of Decentralized Finance (DeFi), the birth pool of the future 100x coins. RWAS LP mines together and seizes the opportunity for the new bull market.

Schneider Electric Begins Innovation Summit World Tour, Unveiling Latest Innovations and Collaborations

Mumbai,4th April 2024 – Schneider Electric, the leader in the digital transformation of energy management and automation, today kicked off its Innovation Summit World Tour, emphasizing the need for immediate action and ongoing collaboration to accelerate the energy transition and tackle the climate crisis.

“In the wake of record-breaking global warming reported in 2023, we’re calling on the industry and businesses around the world to come together to drive meaningful change against the climate crisis. The technology exists today to dramatically reduce emissions and to bridge progress and sustainability,” said Peter Herweck, CEO of Schneider Electric. “Only through innovation and collaboration can we unlock new opportunities for digitalization, electrification, and decarbonization that create lasting impact. Because together, we can turn ambition into action.”

Herweck will address Innovation Summit Paris attendees today, calling on global leaders from across industries to accelerate their digital transformation journeys and embrace technology and partnerships to productivity and sustainability goals.

Inaugurated in 2016, Schneider Electric’s Innovation Summits showcase the company’s latest innovations, solutions, and partnerships that drive the future of automation, electrification, and digitalization. This year, it gathers customers, partners, and industry leaders in Paris for a two-day program of plenaries, breakout sessions, roundtables, deep dives, networking, and exhibition hall tours.

New Solutions for Greater Impact

Schneider Electric is unveiling new solutions designed to help companies strategize, digitalize, and decarbonize their operations, and accelerate sustainability commitments, including:

• · CONNECT: an agnostic, end-to-end, industrial intelligence platform that integrates engineering and operational data to provide visibility across the entire value chain and ecosystem. Connecting clients to Schneider Electric, AVEVA, etap, RIB and other third-party software providers, CONNECT leverages AI and the intelligent digital twin to empower businesses to unlock efficiencies and drive sustainability for responsible growth.
• · Resi9 Energy Center: a retrofit, compact intelligent electrical panel for homes that integrates with existing panels, ensuring secure supply and distribution of electricity. As more homes are electrified and equipped with renewables like solar, EVs and microgrids—and as more homeowners are becoming prosumers, both producing and consuming energy— electrical panels are challenged with increased and complex loads. Resi9 Energy Center seamlessly integrates across home energy management systems to enable control and customization for greater home energy management and optimization.
• · eMobility portfolio expansion: While EV adoption is growing exponentially, only about half (51%) of EV owners worldwide have a charger at home. Schneider Charge offers a state-of-the-art home charging solution that is robust, cost-effective and simple to install. And for fleet and charge point operators, EcoStruxure EV Advisor and EVLink Pro DC 180 kW offer the latest in electric vehicle (EV) charging and management. EVLink Pro DC fast-charging station maximizes energy efficiency while minimizing electrical costs. EcoStruxure EV Advisor software-as-a-service helps to improve the reliability and performance of charging points by providing operators visibility into charging performance, energy consumption, and operational efficiency. In combination, they offer customers across fleets, car parks, and commercial and residential buildings a flexible, open-source, end-to-end solution for EV charging.

Reliable charging infrastructure is critical to accelerating EV adoption, but it requires skilled labor to install and maintain it. Today Schneider Electric also announced the expansion of its North America partner, Qmerit, the leading provider of distributed workforce management for EV charging, to European markets.

Collaborations for Meaningful Change

Partnerships and collaboration across industries and supply chains will be imperative to tackling the climate crisis. Schneider Electric is uniting industry leaders and value chains to drive greater decarbonization and sustainability, through:

• · Sustainability impact: Schneider Electric’s Sustainability Impact Award program recognizes partners, customers, and suppliers who are decarbonizing their own operations and that of their customers. By showcasing successes that reduce emissions, improve energy efficiency, and implement digital technologies, companies can learn from each other to drive wider impact and further innovation.
• · Supply chain decarbonization: An expansion of Schneider’s suite of supply chain decarbonization programs, Materialize aims to unite leading critical resources and materials companies to implement Scope 3 decarbonization strategies and facilitate the transition to a low-carbon economy. Suppliers can participate in utility scale, renewable power purchase agreements (PPAs) to reduce carbon emissions across global value chains, which typically account for more than 70% of a business’s carbon footprint. The programs continue to expand with Edwards, a global leader of vacuum and abatement solutions, joining Schneider’s Catalyze program that seeks to decarbonize semiconductor value chains.
• · Data center partnerships: Schneider Electric and Digital Realty’s new circular economy initiative builds on 20 years of expert data center partnership and is expected to help Digital Realty reduce 50%-70% of embodied carbon within its LV, MV, and three-phase UPS equipment over the next 3-5 years, while also reducing e-waste and Scope 3 emissions. In addition, Schneider Electric’s collaboration with NVIDIA—world leader in artificial intelligence computing—is set to optimize data center infrastructure and drive advancements in edge AI and digital twin technologies.

Bengaluru Based Drone Startup Firm Squadrone That Helped In Silkyara Tunnel Rescue Gets National Recognition

Bengaluru 4th April 2024: Bengaluru-based drone startup Squadron Infra and Mining’s in-house Research and Development (R&D) unit has been officially recognized by the Department of Scientific and Industrial Research (DSIR), under the Ministry of Science and Technology, Government of India. This esteemed recognition is a testament to Squadrone’s unwavering commitment to innovation and excellence in research for drone-based Artificial Intelligence and Machine Learning surveillance technologies. Incidentally, Squadron played a pivotal role in the recent successful rescue mission of trapped miners at the Silkyara Tunnel, Uttarakhand.

“This recognition from DSIR is a significant milestone for our R&D efforts in drone-based Artificial Intelligence and Machine Learning surveillance technologies. It validates our efforts in pushing the boundaries of scientific research and development. We are proud to contribute to India’s growing stature as a global R&D hub. The recognition by DSIR is more than an accolade; it is a responsibility that Squadrone embraces. We are dedicated to continuing its pursuit of excellence, driving innovation, and contributing to the nation’s scientific and industrial growth” said Cyriac Joseph, CEO, Squadrone Infra and Mining Pvt. Ltd.

This recognition not only endorses Squadrone’s capabilities in pioneering research but also makes it eligible for various fiscal incentives offered by the Government of India. These incentives are designed to encourage the industry’s participation in R&D and foster a culture of innovation and technological advancement.