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NaaS Technology Inc. Announces Completion of ADS Ratio Change

BEIJING, April 29, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announces that the previously announced change of the ratio (the “ADS Ratio”) of its American depositary shares (the “ADSs”) to its Class A ordinary shares has taken effect at the open of business on April 28, 2025 (U.S. Eastern Time) (“Effective Date”).

The change in the ADS Ratio, from one ADS to 200 Class A ordinary shares to one ADS to 800 Class A ordinary shares, had the same effect as a one-for-four reverse ADS split. The exchange of one new ADS for every 4 previously-held ADSs occurred automatically upon effectiveness, with the previously-held ADSs cancelled and the new ADSs issued by JPMorgan Chase Bank, N.A., the depositary bank for the Company’s ADS program.

As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be proportionally equal to or greater than 4 times the ADS trading price before the change.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com 

SOPHiA GENETICS Announces Expanded Collaboration with AstraZeneca to Accelerate Liquid Biopsy Testing Globally from AACR

BOSTON and ROLLE, Switzerland, April 29, 2025 /PRNewswire/ — SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native healthcare technology company and global leader in data-driven medicine, today announced the expansion of its ongoing collaboration with AstraZeneca (LSE/STO/Nasdaq: AZN) to accelerate the deployment of MSK-ACCESS® powered with SOPHiA DDM™ globally. Building on the initial collaboration announced in October 2024, this new phase will extend the test’s reach to a total of 30 clinical institutions worldwide in 2025.

Developed in collaboration with Memorial Sloan Kettering Cancer Center, MSK-ACCESS® powered with SOPHiA DDM™ is an innovative liquid biopsy testing application designed to detect actionable genomic alterations from a single blood draw using proprietary, state-of-the-art algorithms which analyze circulating tumor DNA (ctDNA). The application supports real-time cancer monitoring and treatment selection when traditional tissue biopsies are not feasible due to cost, turnaround time, insufficient tissue, or the invasiveness of the procedure.

The expanded rollout will continue to contribute to AstraZeneca’s global real-world evidence initiatives and help further validate the clinical impact of decentralized liquid biopsy testing across diverse healthcare systems. By increasing the availability of MSK-ACCESS® powered with SOPHiA DDM™, SOPHiA GENETICS and AstraZeneca aim to understand further how liquid biopsy testing can complement solid tissue testing and, in some cases, provide greater benefit for labs and patients.  

The announcement coincides with SOPHiA GENETICS’s presentation at AACR, in which the company presented data demonstrating the robust transferability of the decentralized MSK-ACCESS® powered with SOPHiA DDMTM solution. Historically, site-to-site discordance has been a major barrier to the widespread adoption of liquid biopsy testing. SOPHiA GENETICS presented real-world data highlighting the consistent accuracy and precision of MSK-ACCESS® powered with SOPHiA DDMTM across various laboratory settings. Interim results from the multi-center study demonstrated the high analytical performance of the decentralized test in line with the original single-site test at Memorial Sloan Kettering Cancer Center in New York.

“Our collaboration with AstraZeneca represents a significant step toward scaling next-generation oncology diagnostics globally,” said Ross Muken, President, SOPHiA GENETICS. “This expanded deployment reflects the growing momentum behind liquid biopsy and our shared ambition to make these technologies more accessible and impactful worldwide.”

Visit SOPHiA GENETICS at the American Association for Cancer Research’s Annual Meeting in Chicago, Illinois from April 25th–30th to learn more about how SOPHiA GENETICS is collaborating with AstraZeneca to transform patient care with data-driven medicine.

For more information on SOPHiA GENETICS, visit SOPHiAGENETICS.COM, or connect on LinkedIn

About SOPHiA GENETICS  

SOPHiA GENETICS (Nasdaq: SOPH) is a cloud-native healthcare technology company on a mission to expand access to data-driven medicine by using AI to deliver world-class care to patients with cancer and rare disorders across the globe. It is the creator of the SOPHiA DDM™ Platform, which analyzes complex genomic and multimodal data and generates real-time, actionable insights for a broad global network of hospital, laboratory, and biopharma institutions.  For more information, visit SOPHiAGENETICS.COM and connect with us on LinkedIn

SOPHiA GENETICS products are for Research Use Only and not for use in diagnostic procedures unless specified otherwise. The information in this press release is about products that may or may not be available in different countries and, if applicable, may or may not have received approval or market clearance by a governmental regulatory body for different indications for use. Please contact support@sophiagenetics.com  to obtain the appropriate product information for your country of residence. 

SOPHiA GENETICS Forward-Looking Statements: 
This press release contains statements that constitute forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy, products, and technology, as well as plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including those described in our filings with the U.S. Securities and Exchange Commission. No assurance can be given that such future results will be achieved. Such forward-looking statements contained in this press release speak only as of the date hereof. We expressly disclaim any obligation or undertaking to update these forward-looking statements contained in this press release to reflect any change in our expectations or any change in events, conditions, or circumstances on which such statements are based, unless required to do so by applicable law. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. 

Media Contact:
media@sophiagenetics.com

 

MicroAlgo Announces Strong Net Income and Cash Growth in 2024, Driven by Robust Demand for Central Processing Algorithm Services

SHENZHEN, China, April 29, 2025 /PRNewswire/ — MicroAlgo Inc. (NASDAQ: MLGO), (the “Company”), a leading developer and application provider of bespoke central processing algorithms, today announced its financial results for the year ended December 31, 2024. The Company reported total revenues of RMB 541.5 million (USD 75.3 million) and net income of RMB 53.4 million (USD 7.3 million), marking a significant turnaround from the previous year’s net loss of RMB 266.2 million and net loss of RMB 46.54 million in 2022. This return to profitability is largely attributed to the company’s strategic shift away from its intelligent chips and services segment, and dedication of resources resulting in strong performance in its central processing algorithm services, which accounted for 100% of revenues in 2024.

The Company’s strategic focus on central processing algorithm services has proven effective, with revenues from this segment reaching RMB 541.5 million (USD 75.3 million). MicroAlgo’s ability to provide comprehensive solutions that integrate these algorithms with its customers’ needs have proven successful. The Company’s ongoing investment in research and development, totaling RMB 111.7 million (USD 15.5 million) in 2024, has been crucial in driving innovation and maintaining a competitive edge in the rapidly evolving technology landscape.

MicroAlgo’s success in 2024 demonstrates its ability to capitalize on the growing demand for central processing algorithm services in industries such as internet advertising and online gaming. The Company’s strategic initiatives, including expanding its application fields and diversifying its customer base, position it for continued growth and success in the central processing algorithm services industry. With a strong balance sheet, including cash and cash equivalents of approximately RMB 1,035.9 million (USD 144.1 million) as of December 31, 2024 (as compared to the RMB 317 million in 2023), MicroAlgo is well-positioned to pursue strategic opportunities and further enhance its technology capabilities.

Quote from Min Shu, CEO of MicroAlgo:

“We are very pleased with MicroAlgo’s performance in 2024, achieving profitability and demonstrating the strength of our central processing algorithm services segment. Our commitment to innovation and providing cutting-edge solutions has enabled us to deliver significant value to our customers. Looking ahead, we will continue to invest in research and development, expand our market reach, and pursue strategic opportunities to further solidify our position as a leader in the data intelligence processing industry. We are confident in our ability to drive sustainable growth and create long-term value for our shareholders.”

The information disclosed in this press release does not purport to be complete and is qualified in its entirety by reference to the Company’s annual report on Form 20-F. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.microalgor.com/

About MicroAlgo Inc.

MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.

Safe Harbor / Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 20-F and 6-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.

MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.

World cultures and innovations converge in 34th Abu Dhabi International Book Fair

  • The fair offers 2,000 activities with 1,400 exhibitors from 96 countries, spotlighting Caribbean culture as Guest of Honour, Ibn Sina as Focus Personality, and ‘One Thousand and One Nights’ as Book of the World.

ABU DHABI, UAE, April 29, 2025 /PRNewswire/ — The 34th Abu Dhabi International Book Fair (ADIBF), organised by the Abu Dhabi Arabic Language Centre, part of the Department of Culture and Tourism – Abu Dhabi, has launched its activities, offering a platform for cultures and innovations of the world to converge, interact, and explore new horizons of knowledge.

Abu Dhabi Arabic Language Centre Stand at the ADIBF 2025
Abu Dhabi Arabic Language Centre Stand at the ADIBF 2025

Continuing until 5 May 2025 under the theme ‘Knowledge Illuminates Our Community’, the fair brings 1,400 exhibitors from 96 countries, offering a comprehensive programme of 2,000 activities that cater to all community members, while spotlighting Caribbean culture as Guest of Honour, in recognition of its intellectual distinction and impact on global culture.

Moreover, ADIBF 2025 celebrates Ibn Sina as its Focus Personality, marking the 1,000-year anniversary of his book The Canon of Medicine, and highlighting his legacy as one of the scientists that contributed most to humanity’s advancement. It also features One Thousand and One Nights as Book of the World, underlining its timeless, cross-cultural, and enduring influence.

The fair welcomes 20 countries participating for the first time. It also introduces the ‘On the Path of Knowledge’ initiative, honours pioneers of Arab publishing, and welcomes prominent writers, thinkers, publishers, and content creators from the Arab region and the world to present various activities under five themes: Society, Fantasy, Sustainability, Arab Sciences, and Artificial Intelligence & Innovation. The exhibition also hosts the Poetry Majlis, which celebrates diverse poetic experiences with prominent poets, authors, and experts for 10 days.

Additionally, ADIBF 2025 hosts the third season of Podcast from Abu Dhabi, presenting high-quality content that discusses the evolving literary scene, while launching its inaugural ‘Digitising Creativity’ conference, which explores where AI and art intersect and how emerging technologies affect content creation.

Visitors can enjoy arts, entertainment, photography, and the World’s Cuisine experience, while children and youth can join workshops that blend learning and fun, with scientific and creative activities that develop their skills and strengthen their connection to their cultural heritage.

Meanwhile, the Under the Ghaf’s Shade experience offers readings from selected books, followed by book signings with guest authors, whereas the Business Lounge connects publishers and content creators to encourage collaboration in the industry.

Furthermore, the ADIBF Professional Programme offers a platform for supporting the publishing and creative industries, embracing the latest trends including AI and digital technologies. Meanwhile, the Digital Square offers activities and initiatives aimed at developing the publishing sector.

The ADIBF will launch initiatives to promote reading and creativity, and support the Arabic language, in line with the UAE and Abu Dhabi’s vision to nurture emerging literary talent, enrich the Arabic library, and build a community of avid readers, capable of producing Arabic content for the digital era.

 

Forward Networks Named Winner of the Global InfoSec Awards For The Third Year In A Row

Forward Networks Wins the Trailblazer Compliance Award In 13th Annual Global InfoSec Awards at RSAC 2025

SAN FRANCISCO, April 29, 2025 /PRNewswire/ — Forward Networks announced today it has been named the “Trailblazer Compliance” Award Winner in Cyber Defense Magazine’s 13th annual Global InfoSec Awards. The award recognition marks Forward’s third straight year winning a Global InfoSec Award, after being awarded the “Market Leader in Vulnerability Assessment, Remediation, and Management” award in 2024 and the “Hot Company in Cloud Security” award in 2023.

Forward Enterprise is the only network digital twin that delivers an always-accurate compliance status for the entire network, accompanied by a prioritized remediation plan for any issues identified during data collection. Forward Enterprise gathers configuration and state data from all L2-L7 devices within the network, on-prem and cloud. This data forms an accurate network inventory and topology, serving as the foundation for its groundbreaking compliance features, including Continuous Network Security Compliance Monitoring, CVE (Common Vulnerabilities and Exposures) Remediation, and Zero Trust Posture Validation.

“Security compliance continues to grow in importance as the attack surface evolves and new threats emerge. At Forward Enterprise, our goal is to reduce uncertainty by providing an accurate, up-to-date view of compliance, along with clear, actionable insights when changes are needed to protect the network,” said Chiara Regale, SVP of Product and UX at Forward Networks. “We’re focused on helping security teams move away from time-consuming manual processes while delivering unprecedented insight into their security posture. Being recognized as a Global InfoSec Award winner for the third year in a row is truly an honor, and a testament to our team’s dedication.”

“We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber-crime. Forward Networks is absolutely worthy of this coveted award and consideration for deployment in your environment,” said Yan Ross, Global Editor of Cyber Defense Magazine.

Learn more about Forward Networks Continuous Security Compliance Monitoring

Learn more about this year’s winners:  http://www.cyberdefenseawards.com/

About Forward Networks
Forward Networks is revolutionizing the way large networks are managed. Forward’s advanced software delivers a digital twin of the network, enabling network operators to ensure the network is secure, reliable, and agile. The platform supports devices from all major networking vendors and cloud operators, including AWS, Azure, and Google Cloud Platform. Forward Networks was founded in 2013 by four Stanford Ph.D. graduates and is headquartered in Santa Clara, California. Investors include MSD Partners, Goldman Sachs, Andreessen Horowitz, Threshold Ventures, Section 32, Omega Venture Partners, and A. Capital. For more information, visit www.forwardnetworks.com.

About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products, and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.

Forward Networks Contacts:
Dustin Rausa, Guyer Group
dustin.rausa@guyergroup.com

Dawn Slusher, Forward Networks
dawnslusher@forwardnetworks.com

 

xTool Launches Revolutionary MetalFab Laser Welder and Enhanced User Experience

New xTool Squad customer service program will expand the brand’s offline services for xTool products globally

SANTA CLARA, Calif., April 28, 2025 /PRNewswire/ — xTool, a leader in DIY laser engraving, announced the launch of MetalFab, the world’s first integrated laser welder and fiber CNC cutter. Designed for advanced metal fabrication through DIY innovation, the MetalFab is a versatile six-in-one powerhouse machine for handheld laser welding, precision CNC metal cutting, rust removal, and more.

xTool MetalFab
xTool MetalFab

At a livestream launch event on April 24, xTool simultaneously unveiled the MetalFab and xTool Squad, a service initiative that reinforces the company’s dedication to delivering a holistic user experience by combining innovative products with robust customer support, beginning with enhanced accessibility in the global market.

Revolutionizing Metal Fabrication

xTool MetalFab redefines metalworking accessibility for individual creators and small businesses, regardless of their expertise, by effortlessly switching between welding and cutting modes. Operation is remarkably simple: users insert the welding gun into the CNC cutting platform for an intuitive, two-step workflow. Outstanding features include:

  • Powerful Performance: Industrial-grade Coherent chips efficiently convert electrical energy to deliver a high-performance 1200W output.
  • Efficient Material Processing: 0.2mm to 5mm thickness range, achieving 8x the efficiency of traditional welding.
  • Intelligent Material Optimization: Dual 16MP panoramic camera with AI algorithms for a 98.7% material utilization rate.
  • High-Precision Cutting: AI-powered precision with ±0.1mm cutting accuracy for ultra-fine detailing.
  • Significant Gas Savings: xTool accessory optimizes pressure (0.6-0.8 MPa), saving up to 50% gas compared to nitrogen cutting.

A Simple Solution for Comprehensive Metalworking

To boost precision and efficiency, the MetalFab is equipped with a suite of advanced, intelligent features. The CNC platform boasts a 10mm carbon steel capacity and cutting speeds up to 400mm/s. Behind precision cutting lies in the exclusive technologies, VibeFreeCut™ for optimized motion trajectories, ObstacleFree™ for collision avoidance, and FlexiTrack™ for real-time focus adjustments to ensure superior accuracy and efficiency. The 8-inch touchscreen provides a user-friendly interface for easy operation of the powerful software, which can be preset with 108 parameters and store customized settings. With its power, ease of use, and comprehensive support, xTool MetalFab significantly lowers the barriers to entry in metal fabrication, fostering wider participation and driving innovation within the metalworking sector.

xTool Launches xTool Squad to Enhance Local Customer Service

During the April 24 livestream, xTool also announced the xTool Squad program, which aims to build a laser creativity hub with the user community and will offer expanded offline services for xTool laser products globally in 2025.  The program provides a complete pre-buying experience and expert local support through Professional Hubs, Service Stations, and Demo Rooms, specifically catering to large-scale machines like MetalFab.

“xTool Squad represents a fresh approach to community engagement designed to connect innovators, makers, and businesses through hands-on experiences with xTool’s cutting-edge technology,” said Stein Shi, Head of Global Retail Marketing & General Manager of US at xTool.

By offering more firsthand opportunities to experience and test new products via live demos and smart services, xTool will empower users to significantly reduce trial-and-error costs and enjoy a streamlined purchase journey. This elevates the buying process to a comprehensive xTool experience. Demo Room appointments for MetalFab and other xTool laser products can now be booked on xTool’s support website.

MetalFab is now available for a pre-order discount on Kickstarter

About xTool:

xTool is a leading manufacturer of laser cutters, engravers, and DIY tools. Founded in 2020 to make creation simple, xTool believes creativity knows no bounds and aims to fulfill the needs for creation by providing solutions combined of both innovative techniques and extraordinary user experience. For more information, visit xTool.com. 

STRADVISION and Axera Announce Strategic Collaboration to Deliver Competitive ADAS and AD Solutions

  • Partnership unveiled at Shanghai Auto 2025, with future demos planned for CES 2026

SEOUL, South Korea and SHANGHAI, April 28, 2025 /PRNewswire/ — STRADVISION, a global leader in AI-powered vision perception technology, and Axera, a high-performance AI SoC provider, today announced a strategic cooperation aimed at delivering competitive and scalable ADAS and autonomous driving solutions. The collaboration is officially introduced at Shanghai Auto 2025.

STRADVISION and Axera Announce Strategic Collaboration to Deliver Competitive ADAS and AD Solutions
STRADVISION and Axera Announce Strategic Collaboration to Deliver Competitive ADAS and AD Solutions

 

Li Hao, General Manager of the Automotive Business Unit of Axera (left front), and Frank Liu, Sales Director of STRADVISION China (right front), completed the signing on-site. Dr. Xiaoxin Qiu, Founder and Chairman of Axera (left back), and Dr. Junhwan Kim, Founder and CEO of STRADVISION (right back), witnessed the signing on-site.
Li Hao, General Manager of the Automotive Business Unit of Axera (left front), and Frank Liu, Sales Director of STRADVISION China (right front), completed the signing on-site. Dr. Xiaoxin Qiu, Founder and Chairman of Axera (left back), and Dr. Junhwan Kim, Founder and CEO of STRADVISION (right back), witnessed the signing on-site.

The partnership brings together STRADVISION’s proven software-based perception solution, SVNet, and Axera’s cutting-edge AI SoC platforms to develop highly integrated, market-ready solutions for advanced driver assistance and autonomous mobility. The companies will collaborate closely to ensure SVNet is optimized on Axera’s current and next-generation platforms, enabling seamless performance and flexible deployment across various vehicle segments.

As part of this strategic initiative, STRADVISION and Axera will align on joint technical efforts, exchange product and technology roadmap insights, and engage in business development with mutual ecosystem partners. Initial focus will be placed on key automotive markets, with the goal of expanding their reach to global Tier 1 suppliers and OEMs over time.

To showcase the results of their collaboration, the two companies will co-promote their joint solution at major global events, including a public unveiling at Shanghai Auto 2025 and planned demonstrations at CES 2026 and other automotive technology venues.

“This collaboration with Axera strengthens our ability to deliver adaptable, high-performance perception solutions to global customers,” said STRADVISION CEO Junhwan Kim. “By combining our expertise in vision AI with Axera’s powerful SoC platforms, we are creating a competitive and flexible offering for the next generation of mobility.”

“It is a great honor to establish strategic partnership with STRADVISON. STRADVISON has a profound accumulation in the field of deep learning perception algorithms and extensive experience in the mass production of global vehicle models. The Axera M57 series chips, and upcoming automotive chips are high-performance and designed for global market. We look forward to working together to expand our presence in the global intelligent automotive market and stepping onto an even bigger stage.” said Dr.Xiaoxin Qiu, founder and chairman of Axera.

Both companies will continue to explore strategic opportunities to accelerate the deployment of their joint technologies, with a shared vision of bringing safer, smarter, and more efficient mobility solutions to market.

For more information about the groundbreaking technology, SVNet, please visit STRADVISION.

About STRADVISION 

Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. STRADVISION’s SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan’s 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category). In addition, STRADVISION and its software have achieved TISAX’s AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety. 

About Axera

Axera Semiconductor Co., Ltd. (“AXERA”)  was established in May 2019, a leading innovator dedicated to developing world-class AI perception and edge computing chips, empowering on-device AI computing, smart driving, and edge computing applications. 

With a comprehensive chip portfolio tailored for the smart automotive market, including smart driving, smart cockpits, and intelligent chassis, we leverage cutting-edge semiconductor technology to enable safer, smarter, and more convenient mobility experiences.

For more information about Axera, please visit: https://en.axera-tech.com/ 

ROLLER Launches New Ebook to Help Venue Operators Unlock the Power of Data

ROLLER’s purpose is to help create experiences that bring joy and happiness to the world. They achieve this by connecting attraction venues with powerful, easy-to-use technology.

AUSTIN, Texas, April 28, 2025 /PRNewswire/ — ROLLER, the leading all-in-one venue management platform for the attractions industry, today announced the release of its latest resource: The Operator’s Guide to Venue Management Analytics.

Created for busy operators who want to make smarter, faster decisions without getting lost in spreadsheets, the ebook provides a practical roadmap to transforming raw data into real business value.

“Data is one of the most underutilized assets in the industry,” said Brett Sheridan, Field GM at ROLLER. “We created this guide to demystify analytics and show operators how to use it to solve real problems, from staffing inefficiencies to lost revenue opportunities to declining guest satisfaction.”

Attraction venues generate mountains of data, but knowing what to look at and what to do with it can be overwhelming. ROLLER’s new ebook offers step-by-step guidance on how to:

  • Use analytics to optimize marketing, staffing, and operations
  • Spot hidden revenue opportunities before they pass you by
  • Streamline decision-making with intuitive tools and dashboards
  • Drive guest satisfaction and loyalty with data-informed strategies

With simple explanations and actionable takeaways, the guide makes data approachable, even for those with no technical background.

“Whether you’re running a single venue or scaling a multi-site operation, this guide will help you harness data in a way that drives performance and unforgettable experiences,” added Brett.

The Operator’s Guide to Venue Management Analytics is available now for free download. Simply fill out the form on ROLLER’s website to receive your copy and make data your venue’s superpower.

About ROLLER

ROLLER is the cloud-based venue management platform for modern attractions, purpose-built to remove friction from the guest experience at every touchpoint. Their all-in-one platform simplifies its customers’ business processes, improving efficiency and maximizing revenue. ROLLER’s comprehensive solution includes: Online Checkout & Ticketing, Point-of-Sale, Integrated Payments, Memberships, Gift Cards, Waivers, Self-Serve Kiosks, Cashless Wallets, Guest Surveys, and more. To learn more, visit roller.software.