Thursday, January 9, 2025

WISSON ROBOTICS UNVEILS GAME-CHANGING SOFT ROBOTICS AT CES 2025

KUALA LUMPUR, Jan 9 (Bernama) -- Wisson Robotics drew significant attention at the Consumer Electronics Show (CES) 2025, with live demonstrations of its cutting-edge soft robotics and applications built on Pliabot technology.

These demos highlighted robots featuring Pliabot muscles, joints, and arms, showcasing the technology’s key strengths and capabilities. Pliabot technology replicates human muscle functions, providing superior adaptability and cost-effectiveness—two key challenges in large-scale robotic adoption.

In a statement, the company said these innovations leveraged the company’s proprietary Pliabot technology, which "Emulate Human Muscles, Transcend Human Capabilities".

The Pliabot technology offers five core benefits, including a high load-to-weight ratio, resistance to harsh environments, superior task adaptability, enhanced safety in human interaction, and a significant cost advantage through the use of polymer-based soft materials and 3D printing.

Wisson Robotics has also introduced several Pliabot-powered products for diverse applications, including the Orion AP3-P3 Pliabot Aerial Tethered Cleaning System, which uses adaptive balancing and soft collision buffering for high-altitude cleaning, and the Orion AP30-N1 Pliabot Aerial Manipulator, which enhances drone capabilities for precise aerial tasks.

Additionally, the Pliabot Automatic Charging Robot offers significant cost and performance benefits, making it ideal for large-scale deployment. It provides a powerful boost to the smart driving experience and the rapid development of the electric vehicle industry.

These groundbreaking innovations highlight Wisson Robotics’ vision of empowering industries and everyday life through cutting-edge soft robotics, offering safer, smarter, and more efficient solutions.

-- BERNAMA

BITGET EXPANDS BGB ECOSYSTEM WITH MORPH CHAIN INTEGRATION AND $1.1M LIQUIDITY POOL ON BULBASWAP

VICTORIA, Seychelles, Jan 9 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the cross-chain integration of its native token, Bitget Token (BGB), onto the Morph Chain. This strategic move marks another milestone in expanding BGB's on-chain ecosystem and its commitment to empowering users with expanded accessibility and utility.

With the integration, BGB is now available on the Morph Bridge, facilitating seamless token transfers across multiple blockchains. Bitget has also launched a liquidity pool for BGB on Bulbaswap, the central trading and liquidity marketplace on Morph, with the Total Value Locked (TVL) exceeding $1.1 million within days of its launch. Users can now participate in the liquidity pool to earn rewards while supporting BGB's ecosystem growth.

To incentivize on-chain activities related to BGB, participants of The Great Token Migration (Morph Zoo Season 2) can include BGB in their bridging activities to earn Morph Points. Eligible actions include bridging BGB from Ethereum to Morph, bridging it back from Morph to Ethereum, and holding BGB on Morph to accumulate Season 2 points. Bitget Wallet users benefit from a 1.2x multiplier on bridge scores during the event.

Gracy Chen, CEO of Bitget, commented on the integration: "Our commitment to BGB's long-term growth and utility remains resolute. By bridging BGB to the Morph Chain and introducing new liquidity pools, we are expanding its reach and providing users with more opportunities. This integration aligns with our vision to make BGB a cornerstone of both decentralized and real-world applications, empowering the BGB community to participate in the evolving Web3 ecosystem fully."

The Morph Chain integration is aligned with Bitget's broader strategy to enhance BGB's utility in both on-chain and off-chain scenarios. Recently, Bitget unveiled a new BGB whitepaper, outlining its ambitious plans for the token's future. Key initiatives include a buyback and burn program to establish a deflationary model to support long-term value. The first phase of this initiative has seen 800 million BGB burned, representing 40% of the total supply.

The whitepaper also outlines plans to position BGB as a core asset for staking, liquidity provision, and on-chain DeFi applications. Additionally, Bitget is actively working on integrating BGB into PayFi use cases, enabling real-world utility that includes payments for dining, travel, and shopping via the Bitget Card.

In 2024, BGB demonstrated remarkable growth, achieving a tenfold increase over the year and solidifying its position as one of the best-performing exchange tokens. According to CoinMarketCap, BGB now ranks #25 with a market capitalization of 74 billion.

Morph is an advanced Layer 2 scaling solution built on Ethereum, designed to enhance transaction speed and reduce costs while maintaining Ethereum’s security and decentralization. Backed by leading investors such as DragonFly Capital, Pantera Capital, and Foresight Ventures, Morph launched its mainnet in late 2024, introducing seamless cross-chain bridging and supporting a growing ecosystem of decentralized applications (dApps).

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, Bitget 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 world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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 market, 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: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate 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.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4f042830-e0ae-43ad-9503-71c971587134

SOURCE: Bitget Limited

--BERNAMA


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Wednesday, January 8, 2025

AVENACY REPORTS STRONG 2024 PERFORMANCE, OUTLINES 2025 STRATEGIC PRIORITIES

KUALA LUMPUR, Jan 7 (Bernama) -- Avenacy, a specialty pharmaceutical company focused on supplying critical injectable medications, has provided an update on recent business highlights and financial performance for 2024 and outlined its strategic priorities for this year.

The company shared the updates ahead of its participation in the 43rd Annual J.P. Morgan Healthcare Conference from Jan 13-16, in San Francisco, California.

Avenacy’s leadership team, including Co-Founder & Chief Executive Officer, Jeff Yordon; Chief Operating Officer, Joe Mase; and Vice President of Finance, Peter Jensen, will be meeting with investors and showcasing the company’s recent accomplishments and plans for 2025.

“2024 was a breakout year for Avenacy marked by exceptional growth and tremendous progress. 2025 will be a pivotal year for the organisation, and we are confident in our ability to achieve our ambitious portfolio and broader business goals.

“As we continue to position our business for accelerated growth, we remain committed to our mission of enhancing patient care and addressing critical gaps in the United States healthcare system,” said Yordon in a statement.

In 2024, Avenacy achieved solid revenue performance in the first full year of operation, underpinned by its portfolio of 14 critical injectable medications. The company’s fiscal performance establishes a strong foundation for future growth, with expectations of continued annual sales growth and profit expansion.

The company has also built strong commercial leadership and infrastructure, establishing partnerships with major wholesalers, completing the necessary staffing and securing state licences. Avenacy's leadership team strengthened with the addition of Dr Patrick Soon-Shiong, a pharmaceutical veteran, who brings extensive experience in the commercialisation of injectable generic medications.

All of its products feature differentiated packaging and labelling to assist pharmacists and clinicians with accurate medication selection. Avenacy continues to pursue opportunities to bring products to market that improve safety and convenience, such as ready-to-use dosage forms and formulations that are easier to store.

Looking ahead to 2025, Avenacy remains on track to launch over 25 products by year-end, continue to build-out its foundational portfolio of critical acute care medications and shortage products, and secure further investment to support its long-term growth portfolio.

Avenacy raised capital in August to fund its 2025 growth, and the company is seeking additional funding to expand both its foundational and growth portfolios. As it enters its second year of operations, Avenacy is focused on sustaining its momentum and securing strategic investments for continued success.

-- BERNAMA

AWS'S INFRASTRUCTURE REGION IN THAILAND TO SUPPORT DIGITAL TRANSFORMATION, AI GROWTH

KUALA LUMPUR, Jan 8 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com Inc company, has launched the AWS Asia Pacific (Thailand) Region, providing developers, enterprises, and organisations with enhanced options for running their applications from data centres within Thailand.

This expansion is part of AWS's commitment to invest over US$5 billion in the country, contributing approximately US$10 billion to Thailand’s gross domestic product (GDP) and supporting more than 11,000 jobs annually across various sectors, including construction and telecommunications. (US$1=RM4.48)

AWS vice president of Infrastructure Services, Prasad Kalyanaraman said the launch of the new AWS Region in Thailand will empower businesses in all sectors to implement advanced applications using a wide range of AWS technologies.

“With today’s launch, AWS is proud to support Thailand’s digital transformation and help accelerate its role as a regional hub for artificial intelligence,” he said in a statement.

The new AWS Region consists of three Availability Zones and is designed to offer high availability applications with low-latency services, supporting advanced technologies such as AI, machine learning, and data analytics.

Active customers in Thailand and across Southeast Asia include 2C2P, Ascend Money, Bank of Ayudhya, Big Data Institute, The Center of Excellence in Digital and AI for Mental Health, Charoen Pokphand Group, Dailitech, Digital Government Development Agency, ECV, G-Able, KASIKORN Business-Technology Group, Metro Systems, NTT DATA and the Stock Exchange of Thailand, are also innovating on AWS.

AWS’s continued investment in Thailand includes previous initiatives such as launching Amazon CloudFront edge locations and AWS Local Zones. Additionally, AWS’s focus on sustainability aligns with its net-zero carbon goals, with efforts to optimise energy efficiency in its data centres.

The launch of the AWS Thailand Region underscores AWS’s ongoing commitment to supporting Thailand's growth, innovation, and digital transformation while fostering a thriving cloud ecosystem in the region.

-- BERNAMA