Thursday, September 29, 2022

AV AirFinance expands to Singapore with new executive appointment

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AV AirFinance Limited, a commercial aviation loan servicer, announced that Kiel Garcia has joined AV AirFinance as SVP-Loan Origination (APAC). Based in Singapore, Mr. Garcia will be responsible for sourcing loan opportunities and building customer relationships in the APAC. Garcia has over 17 years of experience in aviation and asset finance. Prior, Garcia spent three years in MUFG, most recently as Deputy Head of Aviation Finance, Asia Pacific.

Trind VC raises €55m fund to invest in consumer and SME-focused startups

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Trind VC, a seed-stage venture fund based in Tallinn with team members in Helsinki and Munich, announced closing of its €55m second fund. Trind VC aims to invest into 30–40 startups with proven traction in four years. The fund is backed by institutional investors such as European Investment Fund, Tesi, LHV Pension Funds, and Swedbank Investment Funds.

Kaohsiung smart harbors forum launched to foster global tie-ups

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The southern city of Kaohsiung, known as the Maritime Capital and the Harbor Capital of Taiwan, serves as the best base for Taiwan to venture into marine technology. In recent years, with time evolution and industrial changes, the City Govt has been striving to promote the transformation of the Port of Kaohsiung from an industrial harbor to a people-oriented hub, while implementing strategic intelligence solutions in the advanced semiconductor industry and 5G-enabled applications and services with the aim of meeting the needs of future industrial transformation and achieving tech leadership in various fields.

James Charalambides appointed by Adams Street to lead EU credit team

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Adams Street Partners, a private markets investment firm with $5 billion in assets under management (AUM), launched its Private Credit platform in Europe with the appointment of James Charalambides as Partner & Head of the European Private Credit team. James Charalambides will be responsible for leading and managing the firm’s private credit-related efforts in Europe and supporting all aspects of the decision-making process – including sourcing, structuring, reviewing, and negotiating deal opportunities in this space. Mr. Charalambides will report to Bill Sacher, Partner & Head of Private Credit at Adams Street.

Arm announces new Board members and appoints Chief Financial Officer

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Arm appointed Karen Dykstra, former Chief Financial and Administrative Officer of AOL and Jeff Sine, Co-Founder and Partner of Raine Group to its board, effective immediately. These leaders bring expertise to Arm as the company prepares for a potential public listing. Arm also announced the appointment of Jason Child as CFO. Child has over 30 years of experience in leadership at high growth companies and scaling finance functions. Child will join Arm on November 2, 2022 and lead the company’s finance and IT firms, reporting to Haas.

Thales performs autonomous drone flight trial in Taiwanese airspace

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Thales performed a real-time autonomous drone flight monitoring trial in Hsinchu, Jianshi Township, in the presence of Mr. Wang, Kwo-Tsai, Minister of Transportation and Communications, and key delegations from Taiwan’s Civil Aeronautics Administration (CAA). The trial showcased the Thales ScaleFlyt Remote Identification tracker affixed to a drone, under the monitoring of the Thales TopSky – UAS Traffic Management (UTM) solution.

DC Alliance launches world’s first NFT collection by a data centre firm

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It couldn’t be more obvious: why hasn’t a data centre firm launched an NFT collection? After all, it is data centre infrastructure that is the backbone of the digital economy, including NFTs. DC Alliance (DCA) has arisen to this challenge to launch an NFT Collection for its 2nd anniversary. Inspired by the ‘cloud’ infrastructure that is the focus of DCA’s next phase of growth, each NFT will be an animated cloud with elements of DCA’s corporate branding. It will be built on the Solana blockchain and will be the first of a future series of NFTs from DCA.

HubSpot addresses disconnection with platform-wide enhancements

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HubSpot, the customer relationship management (CRM) platform for scaling companies, announced at its annual INBOUND event new features to help businesses create deeper, more meaningful connections with their clients. Fundamental shifts in buyer behaviours have made it increasingly challenging for firms to create meaningful connections with their clients.

Liquidnet enhances VWAP trading with new VWAP cross offering

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Liquidnet, a tech-driven agency execution specialist, announced the launch of a new VWAP Cross trading capability allowing pre-market block trading at the full day VWAP price. The new offering includes built-in price protection features to achieve little or no market impact. The VWAP Cross functionality builds on Liquidnet’s VWAP Smart Blocks functionality which allows intra-day VWAP block trading. The feature provides access to a completely unique source of block-size, pre-market institutional liquidity, hence offering the Liquidnet Member community a significantly improved VWAP performance and minimized market impact.

Earth orbit satellite cluster to provide secure digital military intelligence

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BAE Systems is set to launch its first multi-sensor satellite cluster into low Earth orbit in 2024 to deliver high-quality information and intelligence in real time from space to military clients. Known as AzaleaTM, the group of satellites will use a range of sensors to collect visual, radar and radio frequency (RF) data, which will be analysed by on board machine learning on edge processors to deliver the resulting intelligence, anywhere in the world while still in orbit.