–News Direct–

Tesla's CEO Elon Musk revealed that its humanoid robot, Optimus, is still undergoing development but could potentially be available for sale by the end of next year.¹

Numerous companies have been exploring humanoid robots as a solution to potential labor shortages, particularly in industries like logistics, warehousing, retail, and manufacturing, where repetitive or hazardous tasks are common.

Musk expressed his optimism regarding the readiness of the Tesla robot, suggesting that it might be capable of performing factory tasks by the end of this year.

The concept of humanoid robots has been in the works for several years, with notable developments from companies such as Japan's Honda and Hyundai Motor's Boston Dynamics. More recently, Figure AI, a startup supported by Microsoft and Nvidia, announced a partnership with BMW to deploy humanoid robots in the automaker's U.S. facilities.

Musk has previously indicated that robot sales could become a significant aspect of Tesla's business, potentially surpassing other segments like car manufacturing.

However, Musk's track record with fulfilling ambitious promises has faced skepticism from Wall Street in the past. For instance, in 2019, he announced plans for Tesla to operate a network of autonomous "robotaxi" cars by 2020, which did not come to fruition.

As the landscape of robotics continues to evolve with companies like Tesla exploring the potential of humanoid robots, another sector experiencing significant advancements is autonomous security robots. Knightscope, Inc. (NASDAQ:KSCP), a leader in this field, has recently announced major strides in its operations, highlighting its dedication to transforming the security industry through innovative technology solutions.

Knightscope Expands Operations with New Deployments and Contract Wins

Knightscope's expansion efforts come at a time when the demand for advanced security solutions is on the rise. With evolving security threats and the need for proactive measures to mitigate risks, organizations are increasingly turning to autonomous technologies to enhance their security posture.

Knightscope, Inc. (NASDAQ:KSCP) has leveraged four key technologies (autonomy, robotics, artificial intelligence, and EV technology) to better equip both domestic law enforcement and private businesses.

Since deploying its first Autonomous Security Robot (ASR) in May 2022, Knightscope has secured dozens of contracts across the US including a $1.2 million inventory replenishment order for its K1 Call Boxes,² and a $1.25 million contract with Rutgers, The State University of New Jersey, for a whopping 145 devices.³

On April 30, Knightscope, Inc. (NASDAQ:KSCP) announced the deployment of 37 K1 Blue Light Towers at Rio Hondo College in California. Emergency communications play a vital role in campus safety by providing reliable, one-touch access to services such as police, fire and EMS. Those on campus can utilize the new Blue Light Towers in times of danger, personal crisis, medical emergencies, to report suspicious behavior or activities, or for accidents.

In April, Knightscope reported revenue of $12.8 million for 2023, marking a 128% increase year-over-year. Net revenue from services increased by approximately $2 million to $7.2 million while net revenue from product sales increased by $5.2 million to $5.6 million in 2023. Revenue growth is driven primarily by full-year sales of Emergency Communication Devices, which were integrated into our product lines after the acquisition of CASE Emergency Management Systems.

The company's success in winning these contracts can be attributed to its proven track record of delivering effective security solutions tailored to the unique needs of each client. By offering a range of services, including patrol, surveillance, and incident response, Knightscope ensures comprehensive coverage and peace of mind for its clients.

As Knightscope continues to expand its footprint and attract new clients, the company remains dedicated to its mission of making the world a safer place. By leveraging the power of automation and artificial intelligence, Knightscope is revolutionizing security operations and setting new standards for safety and protection.

For further information on Knightscope's innovative solutions and projects, please visit Knightscope's website (NASDAQ:KSCP).

Footnote:

[1] https://www.reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/

[2] https://ir.knightscope.com/news-releases/news-release-details/correcting-and-replacing-knightscope-receives-inventory

[3] https://ir.knightscope.com/news-releases/news-release-details/knightscope-lands-125-million-contract

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, forward-looking statements), which reflect management's expectations regarding Knightscope, Inc.s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as predicts, projects, targets, plans, expects, does not expect, budget, scheduled, estimates, forecasts, anticipate or does not anticipate, believe, intend and similar expressions or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Knightscope, Inc.s industry; (b) market opportunity; (c) Knightscope, Inc.s business plans and strategies; (d) services that Knightscope, Inc. intends to offer; (e) Knightscope, Inc.s milestone projections and targets; (f) Knightscope, Inc.s expectations regarding receipt of approval for regulatory applications; (g) Knightscope, Inc.s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Knightscope, Inc.s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of managements experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Knightscope, Inc.s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Knightscope, Inc.s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) the accuracy of budgeted costs and expenditures; (e) Knightscope, Inc.s ability to attract and retain skilled personnel; (f) political and regulatory stability; (g) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (h) changes in applicable legislation; (i) stability in financial and capital markets; and (j) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Knightscope, Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Knightscope, Inc.s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Knightscope, Inc.s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Knightscope, Inc.s business operations (e) Knightscope, Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Knightscope, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Knightscope, Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Knightscope, Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

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MarketJar

COMTEX_451770725/2655/2024-05-02T07:28:41

London, United Kingdom, 2nd May 2024 – In this era where cryptocurrency assets burgeon in both prevalence and profitability, Bradley Parker, a prominent figure within the cryptocurrency sphere, unveils an innovative venture: the Nadex Ecosystem. This platform endeavors to dismantle barriers to accessing blockchain’s most lucrative domains, spanning staking, cloud mining, arbitrage, and trading. With a background entrenched in risk management at leading cryptocurrency exchanges, Parker leverages his profound industry insights to birth the Nadex Ecosystem concept.

Drawing upon a cadre of top-tier talents, including seasoned traders, analysts, miners, and programmers, Nadex assembles a formidable team exceeding 230 members, with expansion underway to meet burgeoning demand. Notably, the company places paramount emphasis on network security, boasting a dedicated corps of IT specialists tirelessly fortifying the platform against potential breaches. Having confronted hacking incidents firsthand, Nadex CEO integrates state-of-the-art anti-hacking protocols, including two-factor authentication, cold wallets, SSL encryption, and robust DDoS protection.

Nadex Ecosystem democratizes cryptocurrency market participation, offering users a streamlined avenue to capitalize on blockchain trends sans intricate technical expertise. Through nadex.group’s intuitive interface, investors gain access to diverse blockchain avenues managed by adept professionals, tailored to suit individual investment portfolios and preferences.
 

Video Link: https://vimeo.com/939180747

Key features include:

• Staking: Facilitating participation in proof-of-stake (PoS) blockchain transactions, allowing users to lock digital assets as collateral for network support and rewards.
• Cloud Mining: Offering an accessible alternative to conventional mining, enabling revenue-sharing sans equipment ownership or technical know-how.
• Arbitrage: Leveraging leading exchange APIs to exploit profitable arbitrage opportunities, delivering consistent returns in a complex landscape.
• Trading: Leveraging insights from top traders and analysts to execute strategic trades aligned with prevailing market trends.
• Nadex Card: Revolutionizing transactional convenience with a virtual card enabling global transactions without KYC hurdles.
• Nadex Careers: Fostering personal growth through structured career programs, incentivizing success within the Nadex community.

Based in London, Nadex Ecosystem operates within regulatory frameworks, equipped with requisite licenses and certifications. Aspiring entrants into the cryptocurrency domain find in Nadex Ecosystem a springboard to harness blockchain’s potential, promising substantial returns rivaling traditional investment avenues.

To embark on your cryptocurrency journey with Nadex, register an account today and embrace a convergence of innovation and opportunity. Nadex: Where technology meets opportunity!

About Nadex Ecosystem

Nadex Ecosystem is a leading platform revolutionizing access to the cryptocurrency market. By offering a comprehensive suite of services including staking, cloud mining, arbitrage, and trading, Nadex empowers users to capitalize on blockchain trends effortlessly. Headquartered in London, Nadex operates within regulatory frameworks, prioritizing security, and compliance.

Media Contact

Organization: NADEX ECOSYSTEM LTD

Contact Person: Sebastian Hughes

Website: https://nadex.group

Email: [email protected]

Contact Number: +442038076215

Address: 2 Leman St

City: London

Country: United Kingdom

Release Id: 02052411555

The post Unlocking the Power of Cryptocurrency: Nadex Ecosystem’s Revolutionary Approach. appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Dubai, UAE, 2nd May 2024, ZEX PR WIRE, Unizen has successfully deployed two pivotal updates that are set to transform the decentralized finance (DeFi) industry: Enhanced Ethereum Gas Optimization and ULDMv3. These advancements redefine efficiency and cost-effectiveness, greatly enhancing the trading experience for DeFi users.

 Enhanced Ethereum Gas Optimization is Now Live 

This update significantly reduces Ethereum transaction costs by 40-50% for all users and by 60-70% for integrators. By streamlining transaction processes, this optimization not only makes decentralized trading more accessible but also significantly reduces overhead costs, allowing traders to operate more freely and cost-effectively.

 ULDMv3: A Revolutionary Upgrade in Liquidity Distribution 

ULDMv3, the third iteration of the Unizen Liquidity Distribution Mechanism, marks a monumental shift in the way trades are executed on the platform. This isn’t merely an incremental improvement; it’s a complete transformation designed to enhance the trading framework significantly. Unizen CTO, Martin Granström, describes ULDMv3 as a “revolution in liquidity sourcing that sets new industry benchmarks.”

 Key Enhancements in ULDMv3 Include: 

Key Enhancements in ULDMv3:

• Faster Quote Speeds: With ULDMv3, Unizen has dramatically increased the speed at which quotes are retrieved and trades are executed. This enhancement ensures that users experience minimal latency, making real-time trading more efficient and responsive. The ability to quickly process quotes is crucial in the fast-paced world of DeFi, where market conditions can change in seconds.

• Reduced Gas Costs: ULDMv3 builds upon Unizen’s already competitive gas fee structure by optimizing the underlying algorithms to further reduce costs. This is achieved through smarter contract interactions and streamlined transactions that minimize the gas required for each trade. This reduction in gas costs makes trading more affordable and sustainable, especially beneficial during high network congestion periods.

• Cross-chain Trade Splitting: A standout feature of ULDMv3 is its ability to facilitate cross-chain trade splitting. This functionality enables the mechanism to split trades across different blockchains, maximizing token output on the receiving chain. This is done through seamless token swaps that leverage the unique strengths of multiple blockchains, thereby optimizing trade value and efficiency.

• Enhanced Token Routing: The routing mechanism in ULDMv3 has been upgraded to select the most optimal paths for token transfers automatically. This ensures that users receive the best possible rates and outputs by navigating through the complex landscape of liquidity pools and trading pairs. This smarter routing translates to better returns and reduced slippage for users.

• Machine Learning Integration: At the core of ULDMv3’s advanced capabilities is its integration of machine learning technologies. These systems continuously analyze market conditions and liquidity pool interactions to refine and optimize trading strategies. By learning from each transaction, ULDMv3 adapts and evolves, offering increasingly efficient trade executions.

The development of ULDMv3, which spanned nearly a year, reflects Unizen’s commitment to innovation and quality. This upgrade not only optimizes the technical mechanics of trading but also introduces adaptive, self-improving algorithms that dynamically adjust to real-time market conditions.

With these updates, Unizen solidifies its leadership in the DeFi space, empowering its community with the very best tools available. These enhancements promise to deliver unprecedented value to Unizen’s users and set new standards in decentralized trading efficiency.

Experience these upgrades via our web-based application at www.zcx.com, or our recently released mobile app available on the google play store here: https://play.google.com/store/apps/details?id=com.unizen_mobile_dapp

The ZCX Token:

$ZCX, as the core token of Unizen, significantly enhances the trading experience by maximizing profitability. It acts not only as a facilitator in this process but also offers users the chance to earn passive income through the platform’s Earn feature. This feature allows token holders to stake their $ZCX and receive rewards, adding an attractive layer of utility to the token. The integration of $ZCX into Unizen’s upcoming Layer 1 solution marks a significant leap forward. This integration is designed to elevate the functionality of $ZCX by embedding it deeper within the ecosystem, where it can play an even more central role in transaction processes and governance mechanisms.

Unizen’s strategic development of its own Layer 1 blockchain, which is currently in stealth mode, is a pivotal part of its expansion. This blockchain is tailored to support both programmable and non-programmable chains, thereby broadening its applicability and potential user base. The design aims to boost interoperability among different blockchain technologies within Unizen’s ecosystem, facilitating smoother and more efficient cross-chain transactions. This enhancement is crucial for driving wider adoption and easier access to web3 technologies, making them more user-friendly and integrated.

The introduction of Unizen’s Layer 1 blockchain is poised to redefine the way users interact with the platform, offering them more seamless, secure, and swift transactions. It promises to leverage the inherent strengths of $ZCX, ensuring that the token not only increases in utility but also in value, as it becomes an integral part of a larger, more interconnected ecosystem. This development aims to attract a diverse group of users, from seasoned traders to those new to the web3 space, enhancing their overall experience and engagement with decentralized finance.

About Unizen:

Unizen is an entirely new category of DEX Aggregator with comprehensive omni-chain access and UTXO support. We offer unparalleled returns on decentralized trades industry-wide. Even compared to leading DEX Aggregators like 1inch, Paraswap, and Matcha.

Our platform boasts a seamless experience with zero bridging, no sign-ups, no fees, and no KYC requirements, all while maintaining complete decentralization. We’ve created an entirely new class of DEX Aggregator, distinguished by an industry-leading Unizen Liquidity Distribution Mechanism (ULDM), Unizen Interoperability Protocol (UIP), and comprehensive omni-chain access, and UTXO support (starting with native Bitcoin). 

Our industry-leading innovations give us the ability to provide the highest returns on decentralized trades in the world: access to more than 20,000+ assets across 9 chains and over 170 decentralized exchanges.

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