Author: Asianet Pakistan

Lantronix and Aerora positioned to advance technologies in AI-powered drone solutions

IRVINE, Calif., June 17, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today announced its collaboration with Aerora, a provider of integrated NDAA-compliant propulsion, ground control and precision AI payload systems. This collaboration delivers Edge AI-driven solutions that significantly accelerate advancements in drones, robotics and surveillance applications delivered by Aerora’s OEM platform for AI-Powered Visual Navigation.

“Lantronix’s collaboration with Aerora promises to advance the development of AI-powered drones and other intelligent applications, equipping developers with cutting-edge tools from leading embedded compute technologies,” said Saleel Awsare, CEO and president of Lantronix. “This breakthrough in advanced AI-driven solutions delivers a transformative impact, opening doors to new opportunities in both private and government sectors.”

Grandview Research estimates that by 2030, the global drone market will reach $163.6 billion. Most forecasts predict a CAGR of 15 percent through 2030, with some commercial segments expected to grow even faster, especially as drone applications expand into logistics, agriculture, infrastructure and public safety. The U.S. Federal Government also acknowledges the importance of unmanned aircraft systems, such as drones, for commercial and government industries and has enabled support of drone manufacturers.

Aerora’s solution is supported by Lantronix’s Open-Q System-on-Module (SoM) powered by Qualcomm® Technologies chipsets, which provides unparalleled processing capabilities for AI-driven situational awareness, advanced computational imaging and real-time decision-making.

With Lantronix’s Open-Q SOMs, developers can confidently build AI-powered solutions while knowing they are backed by industry-leading embedded compute technologies.

As part of the integrated solution, Aerora has incorporated the Teledyne FLIR Hadron 640R module and Prism software, enabling advanced thermal and RGB imaging capabilities. OEMs of drones, robotics and surveillance solutions face increasing pressure to shorten development timelines while maintaining high standards for imaging and control systems. New Edge AI technologies, such as this solution, can help reduce or eliminate engineering overhead and shorten time-to-market.

Aerora’s full-stack solution includes pre-integration of the camera, gimbal, gimbal motors, housing, telemetry and interface while featuring 4K video stream simultaneously with high-resolution thermal video. Aerora is working with multiple OEM drone manufacturers, integrating its platform of an integrated camera + gimble solution, which helps meet the industry’s technological requirements while ensuring NDAA compliance.

“At Aerora, our core mission is to deliver rapid integration, flexible sensor solutions and fully NDAA-compliant manufacturing at scale. By collaborating closely with industry leaders like Lantronix and Qualcomm and integrating advanced imaging technologies such as Teledyne FLIR’s Hadron 640R, we empower drone OEMs to significantly reduce development timelines, expand their operational capabilities and confidently meet demanding market requirements,” said Ghel Ghedh, chief technology officer for Aerora.

To learn more about this innovative solution, download the complete white paper here.

About Lantronix

Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

For more information, visit the Lantronix website.

About Aerora

Aerora accelerates drone and robotics innovation by offering fully integrated, NDAA-compliant propulsion, ground control, and precision AI payload systems. Managing the entire supply chain and overseeing all manufacturing processes—both onshore and offshore—we empower manufacturers to effortlessly scale, streamline operations, and faster time to market without compromising quality or compliance. Aerora is based in Santa Clara, California.

For more information, visit the Aerora website.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products and awards. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Lantronix Media Contact:
Gail Kathryn Miller
Corporate Marketing &
Communications Manager
[email protected]
949-212-0960

Lantronix Analyst and Investor Contact:
[email protected]

GlobeNewswire Distribution ID 9469446

VICTORIA, Seychelles, June 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is proud to announce its participation as the main sponsor of the highly anticipated Crypto Conference Zrce Beach 2025, taking place from June 18–21 at the iconic Noa Beach Club and Rocks Club.

Bringing together the energy of a summer festival with the vision of decentralized innovation, the four-day event will transform Zrce Beach into Europe’s most vibrant hub for blockchain networking, immersive experiences, and cutting-edge education.

Organized by some of the most recognized voices in the crypto scene, the event will welcome over 200 traders, builders, creators, and Web3 pioneers for an unforgettable mix of panels, workshops, and community activations. Taking place within one of Europe’s most iconic beach festivals, the wider event is expected to attract thousands of attendees, creating an exciting opportunity to blend blockchain culture with mainstream energy.

From sunrise networking to sunset DJ sets, the program is packed with high-energy highlights. Attendees can look forward to live crypto talks on stage, in-depth conversations with respected voices in the space, competitive challenges with exclusive prizes, and unique experiences such as an influencer-hosted barbecue and adrenaline-pumping jet ski rides. Prominent speakers like Didi Random, JayTrading and many others will be sharing knowledge on topics ranging from Bitcoin fundamentals to market dynamics.

In this strategic move toward user education, Bitget has joined forces with SWEAT and its Sweat Wallet app to launch an immersive experience—The Crypto Treasure Hunt. Open to all festival participants, this unique experience offers an entertaining way to get connected with the Web3 ecosystem.

“This partnership with SWEAT is a perfect reflection of Bitget’s vision: making Web3 accessible, secure, and genuinely fun,” Vugar Usi Zade, COO at Bitget. “We’re here to build an accessible and compliant crypto ecosystem, expanding our horizons to various communities worldwide,” he added.

“We’re turning physical activity into financial empowerment,” declared SWEAT Co-founder and CEO Oleg Fomenko. “This is about rewarding the most natural human behavior, movement, with digital ownership, and we’re excited to deepen our strategic partnership with Bitget during this event.”

Crypto Conference Zrce Beach 2025 represents more than just a festival or conference, it’s a movement toward building stronger crypto communities through real-life interaction, education, and celebration. With music, knowledge, adventure, and collaboration all in one place, Bitget is reinforcing its role as a catalyst for the next generation of blockchain adoption.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

About SWEAT

SWEAT is a Web3 platform that encourages physical activity by rewarding users for moving. It uses $SWEAT, a token earned through steps, to turn movement into value to be used, grown, traded and spent in the Movement Economy. The token is stored in the SWEAT Wallet, a mobile app with 20+ million downloads and over 3 million monthly active users. By downloading SWEAT Wallet for free, users globally can start to earn $SWEAT and join the Movement Economy, where every step counts.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d6fc0eb-0930-44e6-a643-b965e8f980fb

GlobeNewswire Distribution ID 1001103212

Leading cryptocurrency exchange Bitget and UNICEF Luxembourg announce partnership to deliver digital and tech skills for girls.

VICTORIA, Seychelles and LUXEMBOURG, June 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has entered a three-year partnership with UNICEF Luxembourg to advance digital skills and blockchain literacy among young people.

The partnership enrolls Bitget into the Game Changers Coalition (GCC) led by UNICEF Office of Innovation (OOI). Support from Bitget will help reach 300,000 people – including adolescent girls, parents, mentors and teachers with blockchain skills – across eight countries; Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa.

Through the partnership, Bitget Academy, the educational arm of Bitget, will help develop UNICEF’s first interactive, online and in-person blockchain training module based on video games creation skills development for teachers and young people. This is a welcome inclusion to a curriculum already reaching hundreds of thousands of people. Support from Bitget will also help expand the Coalition’s reach to a ninth country.

“This partnership reflects our shared belief that digital skills are a powerful driver of opportunity and inclusion,” said Sandra Visscher, Executive Director of UNICEF Luxembourg. “By collaborating with Bitget, we want to provide adolescents and young people with the tools, knowledge, and confidence to shape their own futures. Innovation should be a force for inclusion, opening doors, broadening horizons, and ensuring that technology works for everyone, everywhere.”

In a move to extend the ecosystem’s reach, Bitget will also aim to introduce UNICEF to leading blockchain protocols and developers from across the Web3 landscape to participate in the educational initiative. These contributors could serve as mentors and partners, offering diverse perspectives and possibilities for blockchain technologies.

“Emerging technologies should not be reserved for the privileged few—they must be introduced early and equitably. Blockchain, with its real-world use case and potential for social good, is one of the most powerful tools we can give to our younger generation to build products that change the way we look at modern society. With Blockchain4Her, what began as a mission to empower hundreds of women has scaled into a global movement to educate thousands of girls. This is the kind of scale and impact blockchain was built for,” said Gracy Chen, CEO at Bitget.

Every year, adolescent girls and young women in low and middle-income countries miss out on USD 15 billion in economic opportunities due to a gap in internet access and digital skills relative to their male peers. With 90 per cent of jobs today requiring digital competencies, the Game Changers Coalition responds to the urgency of closing the gender digital skills gap.

Together, Bitget and UNICEF are working to build a scalable, inclusive model that equips young women with the tools to navigate and shape the digital economy of tomorrow.

As part of the Game Changers Coalition, Bitget joins the Global Video Game Coalition, Micron Foundation and ecosystem builders – Women in Games in a shared ambition to reach 1.1 million girls by 2027, with learning and skills-building opportunities.

With the help of Bitget Academy, and support from the $10M initiative Blockchain4Her, Bitget plans to enhance digital literacy and financial independence among women taught to them at a young age.

Bitget’s Blockchain4Her initiative has previously supported women through mentorship programs, funding opportunities, and educational resources.

Together, Bitget and UNICEF Luxembourg aim to empower a new generation of girls with the knowledge and skills they need to participate actively in the evolving crypto economy.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to allocate only funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Bitget

This is not the first time Bitget has worked with an UN agency. Gracy Chen, is a UN women delegate. During last Ramadan, Bitget partnered up with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Programme, ShareTheMeal, and the One Billion Meals Endowment to donate thousands of meals. Under $10M Blockchain4Her, promising projects led by women were supported and awards were rewarded for the inspiring contributions of more. Hosting over 10 meetups globally, more than a thousand women participated in networking, learning, and driving innovation in the blockchain space.

About UNICEF

UNICEF works in over 190 countries and territories to reach the most disadvantaged children and build a better world for every child.
UNICEF Luxembourg supports this global mission by mobilizing private sector partnerships and voluntary contributions. It also advocates nationally to uphold children’s rights—focusing on reducing inequalities, promoting gender equality, tackling child poverty, supporting mental well-being, and improving access to justice for every child.

Disclaimer: UNICEF does not endorse any company, brand, product or service. This partnership is focused solely on supporting education outcomes for children.

For more information, visit: Website | Facebook | Instagram | x.com | LinkedIn
For media inquiries, please contact: UNICEF Luxembourg, Paul Heber, Chief Communication | T (+352) 448715 | M (+352)691198105 | [email protected]

About the Game Changers Coalition
Building on UNICEF’s existing work of providing girls with digital and 21st-century skills through the Skills4Girls portfolio, spanning 22 countries and reaching close to 6 million girls, the Game Changers Coalition is UNICEF’s platform to convene the video gaming sector and tech industry with the aim to equip this and coming generation of girls with the skills they need and want in Science, Technology, Engineering, Arts and Math (STEAM) to become coders, designers, and leaders of a more inclusive, diverse, and safer digital future.

Find out more here.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/0daf6ba6-21cd-44dc-a7f0-fee2a8efbf28
https://www.globenewswire.com/NewsRoom/AttachmentNg/d0a53fb7-9043-4464-af17-4ac1043cd304

GlobeNewswire Distribution ID 1001103038

Leading European intellectual property law firm implements IP management platform featuring autonomous time capture and billing

BOSTON, June 17, 2025 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology, today announced that European IP law firm Gevers has implemented Anaqua’s AQX^® Law Firm for its IP management, including autonomous AI-driven timekeeping and billing solutions, WiseTime^® and AQX Billing.

With a reputation as a leader and innovator in IP, Gevers has offices in Belgium and France, and satellite offices in other key international locations, giving the firm a global presence and service capability. Gevers recently embarked on a new chapter in its 125-year history by transitioning from a family business to being fully owned by its IP professionals. The firm’s commitment to modernization is reflected in its adoption of the latest version of the AQX Law Firm platform. The platform enhances operations, improves collaboration, and enables delivery of exceptional service to clients through secure portals, web-based reports, dynamic dashboards, and data transparency.

Gevers selected AQX Law Firm to enhance client engagement and deepen their connection to client businesses. AQX Law Firm provides Gevers outstanding efficiency through advanced automation and seamless integration of autonomous timekeeping and billing processes, reducing time spent on administrative tasks and freeing their IP professionals to focus on higher-value work. AQX Law Firm empowers law firms to manage client IP portfolios more effectively, allowing clients to send payment instructions for trademark renewals and patent annuities through a personalized portal. It also offers powerful tools like the HyperView dashboard for portfolio analysis and reporting to support efficient decision-making in collaboration with clients.

Bram Dejan, Managing Partner at Gevers, said: “Implementing Anaqua’s AQX Law Firm platform marks an important milestone in our ongoing journey of empowering innovation. We feel Anaqua truly aligns with our vision, and we are excited to start this journey of IP forward thinking with them. The high level of integration and automation in the AQX Law Firm platform, combined with the efficiency and time-saving benefits of WiseTime and AQX Billing, were particularly important to us.”

Justin Crotty, CEO of Anaqua, said: “Gevers has a long and proud history of innovation and expertise in intellectual property, working in successful strategic partnerships with their clients. We are excited to support such a renowned European IP firm as they optimize their processes and strengthen their position as a leader in the IP space.”

About Gevers
Gevers is a renowned European expert in intellectual property, serving as a strategic partner for clients in the identification, protection, management, enforcement, and exploitation of IP along the full life cycle of the innovation process. With offices in Belgium and France, and satellite offices in other key international locations, Gevers has a global presence and service capability.

Established in 1898, Gevers has been a trusted partner in intellectual property for over 125 years, supporting innovators and businesses in protecting and nurturing their creations. As a leading European IP expert, Gevers combines a rich heritage of expertise with a forward-looking approach to empower innovation. With a strong commitment to excellence and collaboration, Gevers continues to evolve to meet the needs of its clients in an ever-changing landscape of intellectual property.

About Anaqua
Anaqua, Inc. is a premier provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software platforms, AQX^® , PATTSY WAVE^®, and RightHub^® offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over two million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, Asia, and Australia. For additional information, please visit anaqua.com, or on Anaqua’s LinkedIn.

Company Contact:
Nancy Hegarty
VP, Marketing
Anaqua
617-375-5808
[email protected]

GlobeNewswire Distribution ID 9469193

أطلقت Meydan Free Zone نظامًا رقميًا بالكامل للامتثال، متوافقًا مع المعايير الإماراتية والعالمية، ويقدم موافقات سريعة، وتتبعًا لحظيًا، وتقييمًا قائمًا على المخاطر، بما يساعد رواد الأعمال على الحفاظ على جاهزيتهم للتدقيق، والامتثال للمتطلبات التنظيمية، والتطور بكفاءة في واحدة من أكثر بيئات الأعمال خضوعًا للرقابة في العالم.

دبي، الإمارات العربية المتحدة, June 17, 2025 (GLOBE NEWSWIRE) — تضع Meydan Free Zone معيارًا جديدًا لتأسيس الشركات رقميًا في مدينة تشتهر بريادتها في مجال الحكومة الإلكترونية، وذلك عبر إطلاق تجربة تأسيس متكاملة عبر الإنترنت، تُرسّخ مفهومي الثقة والشفافية في جميع خطوات عملية التأسيس.

استجابةً للطلب المتزايد على الدقة التنظيمية والسرعة والشفافية، ابتكرت Meydan Free Zone عملية تأسيس مدعومة بالتكنولوجيا مكونة من خمس خطوات. ويُسهم هذا النظام في القضاء على التأخيرات والأخطاء، ويزوّد المؤسسين بالأدوات والثقة اللازمتين للتوسع في واحدة من أسرع الأسواق نموًا في العالم.

قال Mohammad Bin Humaidan Al Falasi، مدير إدارة تراخيص المناطق الحرة في Meydan Free Zone، “لا يطمح المؤسسون في إنجاز المعاملات بسرعة فحسب، بل يسعون أيضًا إلى كسب ثقة البنوك والجهات التنظيمية والشركاء من اللحظة الأولى.” “وتوفر منصتنا تلك الثقة من خلال دمج التكنولوجيا، والأتمتة، والامتثال في جميع خطوات العملية.”

تجربة تأسيس رقمية بالكامل وخالية من الأخطاء

تبدأ تجربة Meydan Free Zone باختيار الأنشطة التجارية الموجهة، لضمان توافق كل شركة مع معايير الترخيص والمعايير المصرفية في الإمارات العربية المتحدة. يتلقى رواد الأعمال دعمًا في تحديد الهيكل القانوني واختيار الاسم، كما تمنع بروتوكولات الفحص المدمجة التأخيرات الناجمة عن عدم المطابقة أو المشكلات التنظيمية.

تخضع جميع المستندات المُقدَّمة لفحوصات تتعلق بالامتثال، حيث تتحقق العمليات الرقمية من مصدر الثروة، وهياكل الملكية، وبيانات “اعرف عميلك” بما يتوافق مع معايير مجموعة العمل المالي (FATF) واللوائح المطبقة في الإمارات العربية المتحدة. وبمجرد الحصول على الموافقات، يمكن إصدار الرخص التجارية في أقل من 60 دقيقة.

تتمثل إحدى المزايا الرئيسية لدعم منطقة Meydan في فتح الحسابات المصرفية للشركات – وهو أمر غالبًا ما يمثل عقبة أمام الشركات الجديدة. توفر المنصة للبنوك فحوصات من قاعدة بيانات World Check، وبيانات “اعرف عميلك” مؤكدة، وهياكل واضحة للملكية، مما يضمن معدلات موافقة عالية ويقلل من التأخيرات الناتجة عن المعلومات المفقودة أو غير المتطابقة.

شفافية مدعومة بالتكنولوجيا وتوافق تنظيمي شامل

تتكامل Meydan Free Zone مباشرةً مع لوحة البيانات الحية للامتثال في دبي، ما يتيح التحقق الفوري من صحة المستندات ومتابعة المتطلبات التنظيمية. وتتم عملية التأسيس بالكامل عن بُعد، باستخدام التوقيعات الإلكترونية، ومساعد الدردشة المدعوم بالذكاء الاصطناعي، ومنصة مؤمّنة بتقنية البلوك تشين لضمان الشفافية الكاملة وحماية البيانات.

يوفّر محرك الامتثال المُحسَّن للمنصة، الذي تم إطلاقه في وقت سابق من هذا العام، أتمتة لعمليات التحقق من مصدر الأموال، وتحديد المخاطر، وتنفيذ العناية الواجبة المستمرة، بما يتوافق مع القانون الاتحادي في دولة الإمارات العربية المتحدة ومعايير مجموعة العمل المالي (FATF). ويضمن هذا جاهزية كل شركة لتلبية المتطلبات التنظيمية الصارمة للمدينة منذ اليوم الأول.

تمنح Meydan Free Zone، بصفتها منطقة حرة معتمدة ضمن نظام ضريبة الشركات في دولة الإمارات العربية المتحدة، الشركات المؤهلة إعفاءً كاملاً (0%) من ضريبة الشركات على الدخل المؤهل، مع دمج متطلبات التسجيل والتقديم بسلاسة ضمن عملية التأسيس.

تم إجراء أكثر من 33,000 عملية تفتيش تنظيمية خلال الربع الأول من عام 2023 في مختلف أنحاء دولة الإمارات العربية المتحدة، ما يجعل الامتثال أمرًا بالغ الأهمية منذ لحظة التأسيس. ويساهم النظام الرقمي المتكامل في Meydan في القضاء على أخطاء التأسيس، وتسهيل الموافقات الحكومية، وضمان توافق جميع المستندات التنظيمية مع متطلبات البنك والشركاء، ما يوفر لرواد الأعمال مسارًا واضحًا وسهلاً من الفكرة وحتى الإطلاق التشغيلي.

ريادة في تأسيس الشركات بأسلوب عصري

إن التزام Meydan Free Zone بتوفير تجربة تأسيس بسيطة وآمنة ورقمية بالكامل يجعل منها ركيزة أساسية في بيئة الأعمال المستقبلية التي تسعى دبي إلى ترسيخها. وتشمل مزايا المنصة التكامل مع تطبيق الهوية الرقمية (UAE Pass)، وحماية بيانات معتمدة وفقًا لمعايير ISO، والوصول المضمون إلى الحساب المصرفي، بالإضافة إلى التوافق التنظيمي في الوقت الفعلي.

نبذة عن Meydan Free Zone

تُعَد Meydan Free Zone واحدة من أكثر مراكز الأعمال تطورًا في دبي. وتوفر تجربة رقمية بالكامل لتأسيس الشركات، ودعمًا شاملاً للامتثال، وإمكانية الوصول إلى أكثر من 2,500 نشاط تجاري. صُمِمَت Meydan لتوفر السرعة والشفافية والبساطة، ما يمنح رواد الأعمال القدرة على التوسع بثقة من دبي إلى العالم.

معلومات جهة الاتصال:

اسم جهة الاتصال: Anisha Sagar
المنظمة/الشركة: Meydan Free Zone
الموقع الإلكتروني للشركة: meydanfz.ae
عنوان البريد الإلكتروني: [email protected]

الصورة المصاحبة لهذا الإعلان متاحة على الرابط التالي: https://www.globenewswire.com/NewsRoom/AttachmentNg/9c2d004e-405a-42b5-ba53-d2867717cd73

GlobeNewswire Distribution ID 9469657

Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment

Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI

Siris to be controlling shareholder with support from key existing Mavenir lenders

RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced that they have signed a comprehensive recapitalization with Mavenir’s lenders.

This transaction will meaningfully strengthen Mavenir’s balance sheet by eliminating over $1.3 billion of existing indebtedness and securing $300 million of new senior financing, in addition to a smaller subordinated facility provided by Siris and participating lenders. With increased liquidity, a more stable capital structure and substantially reduced net leverage, Mavenir will be well-positioned for sustained growth and long-term success.

The scale and structure of this financial transformation reflect the confidence and ongoing commitment of Siris and the lenders. With this enhanced financial foundation, Mavenir will be well-positioned to build on its industry-leading position in the Mobile Core development space. Siris will maintain its controlling ownership position in Mavenir and remain an active partner as Mavenir advances its vision of a cloud-native, AI-enabled network.

“We have been spearheading cloud transformation in Core and Open RAN. With a strengthened balance sheet and lower leverage, we are doubling down on our software expertise and domain knowledge to deliver a comprehensive, end-to-end, AI-native telco stack, setting Mavenir up for profitable growth in both Core and Open RAN. We are excited to leverage our Mobile Core leadership to accelerate software-driven network transformations for our customers around the world,” said Pardeep Kohli, President and CEO of Mavenir.

“This is a pivotal moment for our company,” said Hubert de Pesquidoux, Mavenir Executive Chair and Siris Executive Partner. “By strengthening our capital structure, we will be better positioned to execute our strategy, invest in innovation, and deliver on our commitments. We are deeply grateful to all our stakeholders – our customers, partners, investors, and especially our employees – for their unwavering support and confidence throughout this process.”

“Mavenir has been a powerful innovator throughout its existence, and we are proud to continue our long-standing partnership with them as they continue building upon their leading position in the software industry,” said Frank Baker, Co-Founder and Managing Partner of Siris. “We look forward to supporting Mavenir during this next chapter of innovation and growth.”

The transaction is expected to close in approximately four to six weeks.

A Refined Investment Strategy

As part of these broader efforts to position itself for growth, Mavenir will double down on its profitable Core segment, a suite of software applications focused on voice, messaging, video, and data services, while refining its Open RAN investments to prioritize software in 4G and 5G deployments. Mavenir will also maintain its Open RAN hardware IP and continue to support its existing customers to ensure maximum flexibility in the evolving Open RAN landscape. This strategic decision will ensure Mavenir is best positioned to deliver even more innovative products and programs to its global customer base while remaining at the forefront of the Open RAN ecosystem.

Mavenir will also accelerate investment in AI capabilities across its Mobile Core and Open RAN businesses to drive autonomous networks, deliver AI-native solutions, and unlock new revenue streams through AI-based solutions. This strategic focus aligns with Mavenir’s vision of building the future of networks with cloud-native solutions that run on any cloud.

About Mavenir
Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About Siris
Siris is a leading private equity firm that targets control investments in North American, middle-market technology and technology-enabled services companies. Siris leverages its network of exclusive Executive Partners to identify, validate, and deliver on the operational and strategic objectives of its investments. Siris is based in New York and West Palm Beach and has invested ~$9 billion since inception as of December 31, 2024. www.siris.com

Contacts

For Mavenir:

Emmanuela Spiteri
[email protected]

For Siris:

Dana Gorman
[email protected]

GlobeNewswire Distribution ID 9468914