Sidus Space, Inc. (“Sidus” or the “Company”), a multi-faceted Space and Data-as-a-Service company, today is expanding its management leadership structure ahead of its LizzieSat™ constellation launch with SpaceX beginning in the first quarter of 2024.

To support the launch and management of the LizzieSat constellation, the Company has adjusted the organization of its leadership team and promoted from within. Management expects to accelerate the offerings of Data-as-a-Service, Technology Payload Hosting, and the sale of its Artificial Intelligence (AI), both as an independent service and as a part of its data offering.

Sidus first created the role of Chief Operating Officer (COO) and subsequently promoted Jared Novick on September 27, 2023. The Company is today also announcing the promotion of Lindsey Waitt to LizzieSat Program Manager. In this role, Waitt will lead the engineering team and provide leadership on all technical decisions.

Jamie Adams, who previously served as the Chief Technology Officer (CTO) for the company, made the decision to step down from this role, effective as of October 24, 2023. In addition to resigning from his position as CTO, he has also chosen to vacate his seat on the Sidus Space Board of Directors. These changes within the organization have led to the removal of the CTO role.

The rationale behind this change is that the responsibilities that were traditionally associated with the CTO position are now being managed and overseen by other key roles within the company. Specifically, the COO, the Chief Mission Operations Officer, and the LizzieSat Program Manager have assumed the duties and functions that were previously handled by the CTO. This strategic restructuring reflects the evolving needs and priorities of the organization, allowing for a more streamlined and efficient management of technical and operational aspects within Sidus Space.

“I am thrilled to extend my heartfelt congratulations to Lindsey on her well-deserved promotion. This accomplishment is a testament to her hard work, dedication, and exceptional contributions to our team and company,” said Jared Novick, Chief Operating Officer. “Lindsey's commitment to excellence and her consistent efforts have been noticed by both her immediate team and Sidus’ leadership. Her promotion underscores her leadership skills and the positive impact she's had on our organization. She's an inspiration to all of us.”

“On behalf of Sidus, I want to thank Jamie for his numerous contributions to Sidus over the past two years,” said Carol Craig, Sidus’ CEO and Founder. “During this time, Jamie’s expertise was critical to the development of our innovative and unique coincident data collection satellite.”

Rcloud platform builds on a carbon-neutral reporting infrastructure to deliver superior operational efficiency and AI innovation capabilities.

Regnology, a software provider with a focus on regulatory reporting solutions, today announced its strategic decision to move to a 100% cloud delivery of its market-leading regulatory reporting solution suite in 2024, including Regnology Abacus for banking and transaction reporting, and Regnology Tax for client and regulatory tax reporting.

Leveraging its landmark Rcloud platform, launched in partnership with Google Cloud in 2022, Regnology is accelerating the industry’s transition toward fully-fledged cloud deployment and service capabilities for regulatory compliance processes. In the past two months, over 100 banks across Europe have been signed on Rcloud.

With the combined power of the Google Cloud and Regnology’s best-of-breed regulatory reporting software and regulatory expertise, Rcloud enables automation and streamlining of the reporting workflow and processes in a perpetually evolving regulatory environment. Firms relying on the hosted platform can remain one step ahead of regulatory reporting requirements and technological change, while realizing efficiencies that protect resources and help them refine their competitive edge.

Rob Mackay, chief executive officer at Regnology, said: “With Rcloud, financial institutions and business organizations can become consumers of regulatory services and focus on a strategic data-driven compliance approach, instead of investing resources to continuously reshuffle their reporting infrastructure and processes pressed by accelerated regulatory reporting changes.”

Toby Brown, managing director, Global Banking Solutions for Google Cloud, said: “With this move to Google Cloud, Regnology is building a platform that is reliable, sustainable, secure, and scalable, to help address the data and infrastructure challenges facing the regulatory reporting industry.”

Mackay concludes: “As regulators’ demands consume increasingly vast and complex regulatory reporting datasets in real time, the cloud is one of the keys to help streamline the last mile of reporting for the regulated and the regulators' first-mile data collection. Coupled with the ability to foster the industry’s transition to carbon-free reporting infrastructures, we believe that this is what the future of regulation looks like.”

Rcloud will leverage Google Cloud’s infrastructure to augment Regnology’s regulatory banking and tax reporting capabilities and make all future regulatory requirements and AI innovation opportunities 100% cloud-deployed.

$20 Million represents Allegion Ventures’ largest investment to date

Allegion Ventures – the corporate venture fund of Allegion plc – has made a $20 million investment in Ambient.ai, the artificial intelligence (AI) powered computer vision intelligence (CVI) company that’s transforming enterprise security operations to prevent security incidents before they happen.

Based in San Jose, California, Ambient.ai applies AI and CVI to existing security camera infrastructure – allowing their platform to deliver near human-level visual perception that analyzes actions and situational context to create efficient and accurate threat detection.

Allegion President and CEO John H. Stone said Ambient.ai aligns with Allegion’s focus on using innovative technology to enable seamless access and a safer world.

“This is the largest and most significant investment in the history of Allegion Ventures, reflecting the tremendous potential we see for future collaboration between Ambient.ai and Allegion,” Stone said. “Allegion’s connected hardware manages access and entry points, while Ambient’s platform provides contextual understanding to dramatically reduce false alarms in access control systems and vastly improve threat detection and response.”

Allegion Ventures President Rob Martens, who also serves as chief innovation and design officer at Allegion, emphasized that Ambient.ai is a true innovator in the marketplace. Martens will serve as a board observer for Ambient.ai.

“We are thrilled to work with Ambient.ai. Shikhar and Vikesh are trailblazers in CVI and truly understand how technology can advance threat detection as well as safe access, people movement and data analytics,” Martens said. “They’re moving video surveillance from a reactive to a proactive resource, meeting evolving customer needs in physical security.”

Ambient.ai was founded in 2017 by CEO Shikhar Shrestha and Chief Technology Officer Vikesh Khanna, experts in artificial intelligence and deep learning, who shared a vision of making security proactive through technology.

“As we kickstart this transformative partnership with Allegion, we’re propelled by our vision of a powerful AI platform, built on seamless integrations with leading security technologies,” Shrestha said. “Allegion’s best-in-class products bring exciting possibilities to the table as we continue to deliver compelling solutions to prevent even the most complex security incidents.”

Robotiq.ai, a platform that harnesses the power of Robotic Process Automation (RPA) and AI solutions joins forces with Stefanini, a service and software provider, for data processing and consulting.

Robotiq.ai's technologies seamlessly integrate into Stefanini's portfolio, solidifying a strategic partnership that adds significant value to Stefanini's offerings. This collaboration empowers Stefanini to provide clients with an extensive range of innovative AI-driven solutions. By leveraging Robotiq.ai's cutting-edge capabilities, Stefanini enhances its capacity to deliver intelligent automation, fostering operational efficiency and driving business process optimization.

Daniel Amarandei, Product Manager for Financial Industry at Stefanini EMEA comments, "We are excited to partner with Robotiq.ai to help our clients accelerate their digital transformation journeys. Robotiq.ai provides our clients with the tools they need to automate and optimize their business processes, improve decision-making, and create new products and services. Together, we can help our clients achieve their business goals faster and more efficiently. "

He continues, "Our goal is to venture into the mature markets of traditional banking with focus on medium-small-sized banks in the European region, providing innovative solutions for the increased complexity of back-office operations."

Robotiq.ai CEO, Darko Jovišić, adds "Partners are one of the corner stones of Robotiq.ai go-to-market strategy as they are the ones delivering solutions and adding a human-touch to the technology. Having a strong partner like Stefanini with a broad market reach, industry experience and technical know-how helps us to deliver on a promise of a more creative and efficient workplace. We look forward to our collaboration in creating a limitless world. Together! "

New Role Focused on Enhancing Client Engagement and Driving Sustained Business Growth

Data Intensity, a leading strategic Oracle partner and global leader in Oracle managed cloud services and solutions, is pleased to announce that John Bonapace, a sales and marketing leader with a track record of accelerating revenue growth, will be joining the company's executive team in the newly created role of Chief Revenue Officer (CRO).

With over 30 years of executive experience in the technology services industry, Bonapace is a dynamic leader known for his results-oriented approach and strategic vision. As the newly appointed CRO at Data Intensity, he will lead the Sales, Marketing, and Channels teams, and be responsible for creating cohesive, forward-thinking strategies to enhance client engagement, foster strategic partnerships, and drive revenue and profitability.

Prior to joining Data Intensity, Bonapace served as the Chief Marketing Officer at Secure-24/NTT Ltd., where he played a pivotal role in shaping the company's marketing initiatives, expanding its market presence, and contributing to significant growth and profitability. Prior to Secure-24/NTT Ltd., Bonapace spent 25 years at Oracle and Sun Microsystems, in a variety of roles, leading high performing sales and marketing teams, serving global clients in multiple industries. His comprehensive understanding of the technology landscape, coupled with a track record of building high-performing teams, positions him as a valuable addition to the Data Intensity leadership.

"We are excited to have John join our executive team as our Chief Revenue Officer," said Shawn Peralta, co-CEO of Data Intensity. "His diverse background, leadership acumen, and strategic vision align perfectly with our dedication to enhancing the breadth of our partnerships, optimizing our market approach, and driving sustained business growth."

Bonapace's appointment comes as part of Data Intensity's commitment to delivering exceptional solutions and services to its clients and partners. His expertise and leadership will contribute to the company's mission of providing clients with the highest level of services and expertise while driving innovation in the industry.

"I am excited to join the Data Intensity team and work alongside the dedicated professionals who are committed to delivering industry-leading managed cloud services," said John Bonapace. "I look forward to leveraging my experience and collaborating with the teams to drive continued growth and success for our clients and partners."

Tuya Smart, a global IoT developer service provider, has been committed to advancing the adoption of Matter standards in the industry, helping customers to reduce the cost of receiving Matter certification for devices and shorten product launch times, to seize new opportunities in smart business.

The Connectivity Standards Alliance officially released Matter 1.2 on October 23, 2023. The update adds support for nine new types of connectivity devices, and makes important improvements to the existing technical specifications, SDKs, certification policies, and testing tools.

As a pioneer in promoting Matter, Tuya has showcased its full-stack solutions for Matter at several well-known industry events, including CES, MWC, IFA, and the Hong Kong Electronics Fair (Autumn Edition). Tuya was also invited by ecosystem partners to show its full-stack solutions for Matter at marketing events including AWS Summit, Google I/O, Google Smart Home Summit, among others. It also joined the Connectivity Standards Alliance Boston Member Meeting, and the Samsung Developer Conference. Meanwhile, Tuya, as a member of the Connectivity Standards Alliance's China Member Group, also participated in the Matter Interoperability Wall Program, and presented at the Guangzhou International Lighting 2023.

Matter 1.2 officially released
Tuya Continues to Expand Matter Product Categories

The newly released Matter 1.2 adds support for nine new types of devices, including refrigerators, room air conditioners, dishwashers, washing machines, floor sweepers, smoke and CO alarms, air quality sensors, air purifiers, and fans. Additionally, Matter 1.2 features important improvements to its testing and certification program, such as the addition of new chip platform support to the SDK, enhancements to the Matter testing tool, and other functionality improvements that will help companies shorten product launch times.

With Matter 1.2, Tuya continues to improve its full-stack solutions for Matter,  helping customers expand their Matter smart home product portfolios. As of October 5, Tuya has obtained 217 Matter certificates, covering five main categories: electronics, lighting, sensors, gateway, and home appliances. The launched hardware solutions cover a number of smart home categories: light bulbs, light strips, switches, gateways, sockets, sensing, curtains, thermostats, and others.

In July, Tuya Smart became one of the few businesses in the world to offer both full-stack solutions for Matter and Matter Non-VID Scoped PAA certificates that are recognized by the Alliance. This enabled Tuya to help more than 846,000 global developers in its ecosystem to complete the security certification of Matter devices in a highly efficient and cost-effective way.

Last month, Tuya also participated in the test of Matter 1.2 SVE including Matter over Thread Smoke and Carbon Monoxide Alarms, and Matter over Thread Air Quality Sensors. With the release of Matter 1.2, the two new tested product solutions will soon be available.

In addition, Tuya is also actively involved in the upgrading and iteration of the Matter TV standard, aiming to ensure that the Tuya-enabled center control panel's features align with the next standard. It is reported that the Matter TV standard with Tuya-enabled center control screen capabilities is expected to be officially released next spring.

Tuya is further strengthening its relationship with ecosystem partners to advance the application of Matter in various spheres. In response to Amazon's introduction of Matter Simple Setup (MSS), Tuya has launched its solutions for MSS and finished MSS testing for Tuya-enabled Wi-Fi and Thread devices. Meanwhile, customers are further enabled by Tuya in accordance with the Commissionable Endpoint functionality from Amazon. After adding the device, end-users can use the Tuya-enabled App to immediately synchronize Matter devices to the local system. Thus, end-users can use Amazon Echo speakers to achieve local control of Matter devices even when there is no network connection.

Lower the Barrier to Receive Matter Certification
Enable Customers to Build Differentiated Competitive Strengths

As the Alliance's highest-level member, Tuya possesses several qualifications, including Matter product compliance certificate transfer, similarity certification, and new certification, among others. That is to say, all products created using Tuya's Solutions for Matter can be certified quickly and affordably through Tuya's certificate transfer, significantly reducing the time required for certification.

MOMAX SMART, a leading AIoT and consumer electronics brand, recently developed the Matter Gateway and Matter LED through Tuya's full-stack solutions for Matter and obtained the Alliance's Matter certification. With Tuya's support, MOMAX SMART received certification within thirteen business days and became the first Hong Kong brand to enter the Matter ecosystem.

Meanwhile, relying on the Tuya developer platform, MOMAX also achieved interconnection with Amazon Alexa, Google Home, Apple Home, and other mainstream ecosystems, which provides a boost to the layout of MOMAX in overseas markets. Currently, MOMAX has won a good reputation in Hong Kong and Taiwan, Southeast Asia, and Europe. John Cheng, CEO of MOMAX SMART, said that in the future, he hopes to develop more Matter devices and work with Tuya to promote the penetration of Matter in the smart home industry.

Matter's continuous upgrading will accelerate the breaking down of ecosystem barriers and further tackle the problem of smart home fragmentation for both upstream and downstream businesses in the smart home market. In the future, Tuya will continue to promote the development of Matter devices, design, test, and validation of Matter, and facilitate the adoption of Matter in the global market.

Expands Omnicom's reach in fast-growing e-commerce & retail media segments

Omnicom today announced it has agreed to acquire Flywheel Digital, the digital commerce business of Ascential, for a net cash purchase price of approximately $835 million. Flywheel's services enable top brands to sell more goods more efficiently across hundreds of digital marketplaces, such as Amazon, Walmart, and Alibaba.

Since 2014, Flywheel has been at the forefront of digital commerce, developing a suite of best-in-class solutions specifically designed to accelerate sales for the world's leading brands. With a workforce of more than 2,000 professionals, Flywheel provides services in retail commerce operations, media execution, and market intelligence to over 4500 brands. These services are reinforced by their advanced technology platform, Flywheel Commerce Cloud, which delivers near real-time insights to improve decision-making and boost sales.

John Wren, Chairman and CEO of Omnicom said, "E-commerce sales worldwide are set to increase by 50%, reaching about $7 trillion dollars by 2025. The acquisition of Flywheel significantly broadens our reach and influence in the rapidly expanding digital commerce and retail media sectors, two of the fastest-growing parts of the industry. Together, we will seamlessly integrate our offerings across retail and brand media, digital and in-store commerce, and CRM, ultimately delivering superior results for our clients."

For the past eight years, Flywheel has assembled leading-edge digital commerce solutions and integrated them into a proprietary platform with a single user interface. Today, the Flywheel Commerce Cloud platform manages tens of billions in product sales and billions of advertising spend annually across digital marketplaces. Flywheel Commerce Cloud's product and transaction data will be connected to Omni's audience and behavioral data to provide unmatched insights and analytics.

Flywheel will operate as a Practice Area within Omnicom and will be led by Duncan Painter who currently serves as CEO of Ascential.

Painter stated, "By connecting Flywheel Commerce Cloud's product and transaction data with Omni's audience and behavioral data, we are poised to offer an end-to-end set of services that outpaces the competition. We aim to empower our clients to automate, optimize, and measure their digital commerce and media spend within an increasingly complex marketplace."

The acquisition is expected to close in the first quarter of 2024 and is subject to Ascential shareholder approval, regulatory approvals, and customary closing conditions.

Moelis & Company LLC acted as financial advisor and Latham & Watkins LLP acted as legal advisor to Omnicom.

Companies Will Close Transaction Promptly Following Satisfaction of Remaining Condition

Broadcom Inc. and VMware, Inc. today announced their expectation that Broadcom's acquisition of VMware (the "Transaction") will close soon, but in any event prior to the expiration of their merger agreement.

The parties have received legal merger clearance in Australia, Brazil, Canada, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. There is no legal impediment to closing under U.S. merger regulations.

The parties also announced the results of the elections made by VMware stockholders of record regarding the form of consideration they wish to receive in exchange for their shares of VMware common stock in connection with the Transaction. As previously disclosed, the deadline to have made such an election was 5:00 p.m. Eastern Time on October 23, 2023 (the "Election Deadline").

As further described in the election materials and in the parties' proxy statement/prospectus dated October 3, 2022, each VMware stockholder will be entitled to receive, for each share of VMware common stock held immediately prior to the closing of the Transaction, (i) $142.50 in cash, without interest (the cash consideration), or (ii) 0.2520 of a share of Broadcom common stock (the stock consideration). The merger consideration is subject to proration so that 50% of the aggregate shares of VMware common stock outstanding immediately prior to the closing of the Transaction will be converted into the cash consideration and the remaining 50% of the aggregate shares of VMware common stock will be converted into the stock consideration. Each VMware stockholder will receive cash in lieu of any fractional shares of Broadcom common stock that the stockholder otherwise would be entitled to receive.

Based on the final results of the merger consideration election:

• VMware stockholders of record of approximately 96% of the outstanding shares of VMware common stock elected to receive the stock consideration and in accordance with the proration procedures in the parties' merger agreement, (i) approximately 52.1% of such outstanding shares of VMware common stock will be converted into the right to receive 0.2520 of a share of Broadcom common stock per share of VMware common stock and (ii) approximately 47.9% of such outstanding shares of VMware common stock will be converted into the right to receive $142.50 in cash per share of VMware common stock; and
• VMware stockholders of record of approximately 4% of the outstanding shares of VMware common stock elected to receive the cash consideration or did not make a valid election or did not deliver a valid election form prior to the Election Deadline. Each such VMware stockholder will be entitled to receive $142.50 in cash per share of VMware common stock.

A more detailed description of the merger consideration and the allocation and proration procedures applicable to elections is contained in the proxy statement/prospectus. VMware stockholders are urged to read the proxy statement/prospectus carefully and in its entirety. Copies of the proxy statement/prospectus may be obtained free of charge by following the instructions below, under "Additional Information about the Transaction and Where to Find It."