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PR Newswire

Cambridge Isotope Laboratories, Inc. is Now Offering Cannabis Standards for MS-based Testing

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TEWKSBURY, Mass., Aug. 31, 2021 — CIL now offers solutions for testing the quality and safety of Cannabis products with the launch of a variety of stable-isotope labeled and native standards of THC, CBD, and other cannabinoids to assist with testing needs.

Research suggests the cannabis plant produces between 80-100 cannabinoids, primarily cannabidiol (CBD) and tetrahydrocannabinol (THC). The complexity and diversity of cannabis products poses unique challenges to accurate quality testing and Cannabis testing laboratories must meet the needs of varying state and federal requirements to ensure products are safe, effective, and consistent.

Ben Priest, Business Development Manager for Environmental Products at CIL, states "The increased use of mass spectrometry in cannabis testing has enabled testing facilities to offer a greater degree of accuracy and precision. CIL’s high purity analytical reference standards facilitate accurate strain identification, potency testing, and adulterant analysis." 

"The cannabis reference standards provide an accurate analytical means to measure and quantify the presence and concentration of targets in a wide range of samples, including plant material, pharmaceuticals, personal care products, food, and beverages, says CIL’s Senior Applications Chemist, Mass Spectrometry, Andrew Percy, Ph.D. "Due to their high characterization, users can be assured that the CIL standards implemented for method development and application will lead to robust and accurate results that can be trusted in safety, quality, stability, and consistency testing."

To learn more about CIL’s Cannabis testing standards including cannabinoids and other common pesticides related to cannabis testing, visit isotope.com.

About Cambridge Isotope Laboratories, Inc.   

CIL is the world’s largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, neonatal, pharmaceutical, medical diagnostic, OLED, and industrial markets. CIL is an operating business owned by Otsuka Pharmaceuticals. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France.   

For more information on CIL, visit isotope.com.

Contact Information:
Crissy Krisko
Phone: 1.978.749.8000 
Fax: 1.978.749.2768 
www.isotope.com

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Cambridge Isotope Laboratories, Inc.
Cambridge Isotope Laboratories, Inc.

PR Newswire

Colt Data Centre Services to Build New 45MW Osaka Keihanna Data Centre

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The new data centre in Keihanna Science City marks its fourth hyperscale facility in Japan

LONDON, Aug. 31, 2021 — Colt Data Centre Services (Colt DCS), a leading provider of global hyperscale data centre solutions, has commenced construction of its next hyperscale data centre with a ground-breaking ceremony in Japan. This 42,000m2, 45MW facility will be located in Keihanna Science City, in the Kansai area. The site will be ready to service Colt DCS customers in early 2023.

CGI of Colt DCS’ upcoming 45MW data centre in Osaka, Keihanna
CGI of Colt DCS’ upcoming 45MW data centre in Osaka, Keihanna

This carrier neutral and diversely connected facility will be purpose-designed to meet the scalable capacity demands of hyperscale and enterprise customers looking for large scale facilities to meet growing requirements. Following the 2011 earthquake in Japan, many companies realised the benefit of geographically dispersed sites and so there is a large demand for data centres near Osaka as an integral part of disaster recovery plans.

The facility will employ state-of-the-art cooling technologies to ensure high efficiency, while supporting Colt DCS and its clients’ sustainability targets.

The ground-breaking for this site swiftly followed the Colt DCS announcement of Fidelity’s joint venture with Mitsui to provide advanced hyperscale data centres in Japan, with potential further growth in APAC.
"Mitsui is very pleased to celebrate the ground-breaking for the first data centre project in Keihanna. Starting with this exciting project, Mitsui hopes to further strengthen our partnership with Fidelity and Colt for our JV," commented by Shinsuke Waka, GM of Financial Business Division, from Mitsui & Co.

"There has been a surge in cloud service demand throughout Japan, all of which requires carrier-neutral network access in the region, as well as disaster recovery sites," commented Quy Nguyen, Vice President, Global Accounts and Solutions. "Combined with the fact that the Kansai region of Japan has a population of around 22.4 million, generating enough GDP to position itself at the same level as the Top 20 countries, we expect this facility to be a key site for Colt DCS."

"The acquisition of this site is another stake in the ground for us, demonstrating the momentum of our hyperscale strategy and cementing our foothold in APAC," added Padraig MacColgain, Vice President, Head of APAC at Colt DCS. "This land was not originally available for purchase by a data centre operator due to Keihanna Science City being an area designated for research and development activities.  However, we received immense support from the Kyoto Prefectural authorities to help make our acquisition possible and want to thank them greatly for their support."

About Colt DCS

Colt Data Centre Services provide true service and operational excellence in the design, build, delivery and operational management of hyperscale data centres and hybrid cloud solutions to our customers across Europe and Asia pacific.

We have over 25 years of experience in operating 26 state-of-the-art carrier neutral data centres across 18 cities, offering 24/7 security and local language support.

Our connectivity and colocation solutions allow our customers freedom to plan effectively for the growth of their business, knowing that their data centre strategy is ready for the demands of tomorrow. https://www.coltdatacentres.net/  

CGI of Colt DCS’ upcoming 45MW data centre in Osaka, Keihanna
CGI of Colt DCS’ upcoming 45MW data centre in Osaka, Keihanna

 

 

PR Newswire

Research by Universum Reveals That Young Filipino Talent Favour Employers who Offer Professional Training & Development and Respect Their People

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Bangko Sentral ng Pilipinas and Google are seen as the most ideal employers among business and STEM talent, respectively

MANILA, Philippines, Aug. 26, 2021 — Today, Universum launches the findings from the Philippines portion of the world’s largest annual talent survey, with over 8,000 students from leading national universities in the Philippines who responded between December 2020 and June 2021. Set out to track career aspirations and preferences of the future talent pool, the Top 100 Ideal Employers student survey also recognises the most coveted employers based solely on the responses collected.

This year, Bangko Sentral ng Pilipinas has overtaken Philippine Airlines as the most attractive employer for business/commerce students, whereas Google retained its top position as the most desired employer among engineering talent.

Business students have a strong desire to work for domestic employers

The 2021 study reveals that 58% of young business/commerce talent would prefer to work for an employer founded in the Philippines. This is something that is also reflected in resulting employer rankings for business/commerce talent, with nine out of the top choices being homegrown. The banking industry remains the most preferred industry amongst business students (49% seeing it as a top choice), followed by auditing & accounting (37%) and e-commerce (33%).

Respect for its people surpass high future earnings

When asked about what they look for in an ideal employer, Filipino students report prioritising employers who offer strong professional training and development and show respect for their people. Both of these key attributes are highly associated with top performing employers Bangko Sentral ng Pilipinas and San Miguel Corporation.

When looking at the different markets around the world covered by Universum’s talent preference survey, it is clear that today’s students are highly drawn towards employers who demonstrate they have a social conscience, respect their people and perform well in some of the softer aspects, such as culture and working environment.

Mike Parsons, managing director APAC for Universum, said "Around the world in 2021, we have seen respect for its people trending. In the Philippines, this attribute was already important to talent but is now their second-highest priority when selecting a future employer, only behind "professional training and development". Employers who are serious about attracting the very best young talent in the Philippines need to listen to the strong message talent are sending. They also need to ensure that they not only deliver upon this but that they can articulate, both internally and externally, the respectful nature of their culture."

Overall students’ top preferences

2021

2020

1. Professional training & development

2. Respect for its people

3. A friendly work environment

1. Professional training & development

2. High future earnings

3. A friendly work environment

 

Salary expectations have increased

The study revealed that the young talent graduating in the Philippines expects, on average, an annual salary of 440,843 PHP, which represents an increase of 12% from a year before. In most regional and global markets, pay expectations have been stagnant or only increased modestly due to the tough economic conditions of the past year. Clearly, talent in the Philippines has far more optimism.

Sadly, female students expected 5% less salary than their male counterparts. However, among the students surveyed in Hong Kong, India, Singapore, Thailand and Taiwan, the Philippines has the smallest gap between what the different genders expect to be paid.

Universum 2021

Students’ discipline

Ideal Employer Ranking 2021

Business/Commerce

1. Bangko Sentral ng Pilipinas

2. Philippine Airlines

3. San Miguel Corporation

4. BDO Unibank

4. Google

Engineering

1. Google

2. San Miguel Corporation

3. Microsoft

4. Philippine Airlines

5. Ayala Land

 

About the Universum 2021 Top 100 Ideal Employer Rankings – The Philippines Edition

The results are based on the answers of 8,426 students studying for degrees in business/commerce, engineering, IT, natural sciences, humanities/liberal arts/education, law and health/medicine, with 24,786 individual evaluations of 133 employers from December 2020 and June 2021. Each respondent is asked questions about their career preferences, expectations and employment related drivers and then presented with a list of 133 national and international employers, nominated by the target group through an independent and structured nomination and assessment process, which prevents companies unfairly influencing their positions. The rankings consist of those employers chosen most as an ‘ideal’ choice when working through a structured funnel-based methodology.

About Universum

Universum, part of the StepStone Group, is a global thought leader in Employer Branding. Universum has 32 years of peerless experience in the field of employer branding and is established in over 60 markets globally. Universum has a diverse workforce is physically present in 20 countries. With so much data, historically and geographically, Universum is uniquely positioned to deliver key insights to employers about how to attract and retain their future workforce. Our data-led, human and purposeful output has attracted over 1,700 clients, including many Fortune 500 companies, as well as global media partners that publish our annual rankings and trend reports. Find out more at https://universumglobal.com/.

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https://universumglobal.com/

PR Newswire

SIGKDD Honors Groundbreaking Achievements in Knowledge Discovery and Data Mining

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Awards Celebrate Innovation, Service and Rising Stars Ahead of the 27th Annual Conference  

SINGAPORE, Aug. 14, 2021 — The Association for Computing Machinery (ACM) Special Interest Group on Knowledge Discovery and Data Mining (SIGKDD) today announced the recipients of the 2021 ACM SIGKDD Awards for exemplary individuals and research teams in data science, machine learning, big data and artificial intelligence (AI). Ahead of the organization’s annual conference on Aug. 14-18, the awards program recognizes those who have made a lasting impact in the industry.

"The KDD conference has long served as an international platform that showcases the most innovative research in data mining and knowledge discovery," said Wei Wang, SIGKDD chair and professor in computer science at the University of California, Los Angeles. "This year’s winners reflect the rapid growth and maturation of our community over the past 27 years, and the promise data science offers to affect real change today."

Based in Singapore, KDD 2021 will take place virtually with 24-hour global access featuring workshops, tutorials, an array of speakers, and more. As the largest international data science conference, this event brings together academia and professional practitioners across the data sciences to celebrate outstanding technical and service contributions.  

ACM SIGKDD Innovation Award
Recipient of the ACM SIGKDD Innovation Award is Johannes Gehrke, a technical fellow and managing director of research at Redmond, and the chief technology officer and head of machine learning for the Intelligent Communications and Conversations Cloud, which powers Microsoft Teams. Dr. Gehrke is recognized for his research contributions in database systems, distributed systems and machine learning. The ACM SIGKDD Innovation Award is the highest honor for technical excellence in knowledge discovery and data mining. It is conferred on an individual or group of collaborators whose outstanding technical innovations have greatly influenced the direction of research and development in KDD.

"I am humbled and honored by this recognition from the community," said Dr. Gehrke. "Every year, KDD is finding new applications and systems that are changing the world for the better. I am grateful for my collaborators and the students who have helped pushed this discipline forward."

ACM SIGKDD Service Award
Recipient of the ACM SIGKDD Service Award is Dr. Shipeng Yu, who leads the communications AI team at LinkedIn. Dr. Yu is recognized for his contributions through dedication to ACM SIGKDD as general chair of KDD 2017 and currently as sponsorship director for SIGKDD. He oversees the sponsorship effort for the annual conferences and other data mining community activities. The ACM SIGKDD Service Award is the highest recognition of service awarded in the field. The award honors an individual or group of collaborators for outstanding contributions to professional KDD societies or society-at-large through applications of knowledge discovery and data mining.

"As sponsorship director for SIGKDD, it’s a privilege serving and promoting the data mining community," said Dr. Yu. "I strongly believe in giving back to the research field, and I am grateful for all of the volunteers and individuals who help make this conference special every year."

ACM SIGKDD Rising Star Award
Recipient of the ACM SIGKDD Rising Star Award is Dr. Xia "Ben" Hu, professor of computer science at Rice University. Dr. Hu is recognized for his contributions in human-centric data mining, including influential work developing interpretable and automated methods to make complex machine learning algorithms easily used by domain experts. In its second year, the Rising Star Award celebrates individual work done in the first five years after earning a Ph.D. The award aims to celebrate the early accomplishments of the KDD communities’ brightest new minds.

"The KDD conference has been celebrating the contributors in knowledge discovery and data mining for over two decades," said Dr. Hu. "I am thrilled to be honored among my peers."

ACM SIGKDD Dissertation Award
Recipient of the ACM SIGKDD Dissertation Award is Aditya Grover, incoming assistant professor of computer science at University of California, Los Angeles, and research scientist on the core machine learning (ML) team at Facebook AI Research. Grover earned this year’s award for his dissertation, "Learning to Represent and Reason Under Limited Supervision."

Shweta Jain, a postdoctoral researcher at the University of Illinois, Urbana-Champaign, earned runner-up for her dissertation, "Counting Cliques in Real-World Graphs."

Leonardo Pellegrina, a postdoctoral researcher at the University of Padova, received honorable mention for his dissertation, "Rigorous and Efficient Algorithms for Significant and Approximate Pattern Mining."

SIGKDD Test of Time Award for Research
The Test of Time Award recognizes outstanding KDD papers, at least ten years old, which have had a lasting impact on the data mining research community and continue to be cited as the foundation for new branches of research.

This year, the Test of Time Award for Research was given to Chong Wang and David M. Blei for their approach to collaborative topic modeling for recommending scientific articles featured from 2011.

SIGKDD Test of Time Award for Applied Science
Diane Tang, Ashish Agarwal, Deirdre O’Brien and Mike Meyer received the Test of Time Award for Applied Science in recognition of their 2010 study on overlapping experiment infrastructure that enables quicker experimentation, as detailed in "Overlapping Experiment Infrastructure: More, Better, Faster Experimentation."

For more information on this year’s event, please visit: https://kdd.org/kdd2021/.

Follow KDD:
Facebook— https://www.facebook.com/SIGKDD 
Twitter— https://twitter.com/kdd_news 
LinkedIn— https://www.linkedin.com/groups/160888/ 

Related Links :

http://www.kdd.org

PR Newswire

Exyte Continues Strong Performance During 6M/2021

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– Order intake up 32.8%, reaching € 3,175 million

– Sales increase by 34.2% to €2,250 million

– Adjusted EBIT rose to €122 million

STUTTGART, Germany, Aug. 12, 2021 — Exyte continued its strong performance throughout the first half of 2021. Sales reached €2,250 million with adjusted EBIT increasing to €122 million. The region EMEA remained the strongest region and Advanced Technology Facilities the largest business segment.

In the first half of the year, sales increased in all regions and all global business units, growing by 34.2% to €2,250 million (6M/2020: €1,677 million). At €1,232 million (6M/2020: €1,014 million), the region EMEA was the strongest due to ongoing major projects in Ireland, Germany, and Israel. With sales for semiconductor projects in Singapore and China increasing, the region APAC also gained momentum, growing to €659 million (6M/2020: €382 million) in sales. Due to the Advanced Technology Facilities (ATF) business segment, sales in AMER rose to €245 million (6M/2020: €190 million). Overall, order intake increased by 32.8% to €3,175 million (6M/2020: €2,391 million). Free cash flow was at €245 million.

Adjusted EBIT amounted to €122 million, a YOY increase of 54.9% (6M/2020: €79 million), and the adjusted EBIT margin increased from 4.7% to 5.4%, reflecting an excellent performance in all global business units as well as in the business area Technology & Services (T&S).

Semiconductor market remains main driver

The business segment ATF remains the strongest segment, with sales increasing by €564 million year-over-year to €1,971 million on account of large ongoing projects for semiconductor clients in EMEA and APAC. Order intake for the Biopharma & Life Sciences (BLS) business segment almost tripled due to additional major projects, reaching €337 million (6M/2020: €130 million), while sales more than doubled to €170 million (6M/2020: €80 million). Due to a significant project awarded in Israel, the order intake of the Data Center (DTC) business segment reached €158 million (6M/2020: €3 million).

Growth path continues

"We are continuing to outperform our plans for 2021," says Dr. Wolfgang Büchele, CEO of Exyte. "Some projects are delivering better than expected and clients are expanding capacities at a faster rate than anticipated. All in all, the market situation for Exyte is promising and together with our growing workforce of dedicated individuals, I am convinced that we have a steep incline of growth ahead of us."

Follow this link to view the financial statement for 6M/2021.

About Exyte

Exyte is a global leader in the design, engineering and delivery of facilities for high-tech industries. With a history of more than 100 years, the company has developed a unique expertise in controlled and regulated environments. Exyte has a truly global footprint, serving the most technically demanding clients in markets such as semiconductors, batteries, pharmaceuticals, biotechnology, and data centers. The company offers a full range of services from consulting to the managing of turnkey solutions – delivered to the highest quality and safety standards. Solving the most complex challenges, Exyte forges trusted, long-lasting relationships with its clients. In 2020, Exyte generated sales of EUR 4.1 billion with around 4,900 highly experienced and motivated employees. The company is ideally positioned to further strengthen its market leadership with its broad industry insight and its exceptional talents.

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Contact:
Adriana Williams
Vice President Corporate Communications & Investor Relations
+49 711 8804 1489
adriana.williams@exyte.net 
www.exyte.net

Related Links :

https://www.exyte.net

PR Newswire

Hänssler Group Achieves Great Reproducibility of ESD Performance and Dimensional Accuracy Using Kimya’s ABS-ESD on Ultimaker S5

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UTRECHT, Netherlands, Aug. 10, 2021 — Ultimaker, the global leader in professional 3D printing, today announced that Hänssler Group, German experts in sealing technology, plastics technology and additive manufacturing, uses the Ultimaker S5 and Kimya‘s ABS-ESD to cost-effectively produce 300 highly accurate sealant parts annually with anti-electrostatic properties. These parts, designed to be integrated within an existing production line, provide thermal protection between two components within a machine. The optimized material printing profile combined with the Ultimaker S5, result in parts with minimal batch-to-batch dimensional variation and untouched ESD performance.

3D model of Hänssler Isolator part (left), statical analysis of the six most representative dimensions of the model for 10 samples selected. Each Target dimension is highlighted in red dotted line (right)
3D model of Hänssler Isolator part (left), statical analysis of the six most representative dimensions of the model for 10 samples selected. Each Target dimension is highlighted in red dotted line (right)

Surface defects impact ESD performance, which would inevitably alter the dissipation of charges. Therefore, Hänssler’s parts must be reproducible for both ESD behaviour and dimensional accuracy, in addition to meeting visual and integrity requirements. To assess the surface quality of the prints, engineers performed a high-resolution 3D scanning analysis on a select number of parts, using a GOM Atos Core 3D scanner. This showed relative deviations between the ideal CAD model and the printed part. A pass/no pass filter for dimensional accuracy with a threshold of 0.3mm, enabled Hänssler to create an optimized ABS-ESD printing profile to print parts on the Ultimaker S5 with minimal tolerance limits.

Adrian Heinrich, Marketing Manager at Hänssler: "Besides the opportunity to create accurate and more complex parts with 3D printing, we also reported a reduction in material waste in the range of -80% and -60% in cost per part versus our traditional milling techniques. The accessibility and reliability of 3D printing and great support of Ultimakers’ ecosystem partner Kimya, made this project just the beginning."

Miguel Calvo, CTO at Ultimaker: "Ensuring high dimensional accuracy with 3D printing is key for companies that need to guarantee their customers every batch is identical and ESD safe. It should not matter when, where or who prints the parts. I’m proud of the close collaboration between Kimya and Ultimaker to make this happen for the Hänssler Group."

Read more information in our blog.

Ultimaker  

Established in 2011, Ultimaker delivers a platform that enables customers to take full advantage of the unique Ultimaker Ecosystem that offers the largest diversity of 3D printing products and services in the industry.

 

PR Newswire

Piaggio Fast Forward Develops New Sensor Technology for Consumer and Enterprise Robots and for Motorcycle and Scooter Safety (ARAS)

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TEL AVIV, Israel, Aug. 5, 2021 —

Piaggio Fast Forward Develops New Sensor Technology for Consumer and Enterprise Robots and for Motorcycle and Scooter Safety (ARAS)
Piaggio Fast Forward Develops New Sensor Technology for Consumer and Enterprise Robots and for Motorcycle and Scooter Safety (ARAS)

Highlights:

  • Piaggio Fast Forward (PFF) reveals trailblazing sensor technology for consumer and business robots as well as motorcycles and scooters
  • Piaggio Group motorcycles and scooters featuring an innovative sensor technology package developed, built and supplied by PFF including 4D imaging radar provided by Vayyar expected to debut in 2022 with PFF robots launching in late 2021
  • Vayyar Imaging, the global leader in 4D imaging radar, supplying the RoC (Radar-on-Chip) for the sensor package developed, built and supplied by PFF for mass production in Advanced Rider Assistance Systems (ARAS) and robots

Piaggio Fast Forward (PFF), the Boston-based robotics company and a leader in smart following technology, has developed new sensor technology for implementation not only in consumer and business robots but also in scooters and motorcycles.

Founded in 2015 by the Piaggio Group, PFF has previously focused on advancing innovation in smart following technology and smart behavior implementation in robots and machines, but in a strategic decision last year, began developing a custom radar sensor module for use first in Piaggio Group motorcycles and scooters with the intention to provide the technology to other companies in the future.

PFF’s hardware-software modules offer uncompromising safety by providing robust monitoring in all environmental and lighting conditions. PFF awarded a supply contract for the modules’ Radar-on-Chip to Vayyar Imaging, marking the deployment of the industry’s first ever 4D imaging radar-based motorcycle safety platform. The complete sensor package is developed, built and supplied by PFF for mass production in Piaggio Group motorcycles’ Advanced Rider Assistance Systems (ARAS).

ARAS applications are on the front line of the battle to prevent collisions and protect motorcycle riders. ARAS technology meets the rigorous technological requirements of traditional driver assist functions, addressing additional motorcycle-specific challenges such as size constraints and seamless vehicle maneuverability at high-tilt angles.

The PFF modules use Vayyar’s mmWave 4D imaging Radar-on-Chip (RoC) sensor, enabling multiple ARAS functions such as Blind Spot Detection (BSD), Lane Change Assist (LCA) and Forward Collision Warning (FCW) with a single sensor supporting a range of over 100m, and an ultra-wide field-of-view. PFF robots incorporating the radar technology are expected to be  released at the end of 2021, with Piaggio Group motorcycle models equipped with the PFF sensor module launching in 2022.

"PFF is creating advanced technology products for robots and motorcycles that detect and measure objects in our surroundings to provide the information we need for mapping, object detection, and control, regardless of lighting, weather and other environmental factors. We have chosen to develop our sensing applications with Vayyar’s 4D imaging radar technology. We are excited to work with such a professional, passionate team, to develop innovative new solutions that provide our customers with a better product experience." Greg Lynn, CEO at Piaggio Fast Forward.

The Vayyar 4D imaging radar technology being used in both PFF robots and PFF sensing modules developed for the motorcycle industry supports a large Multiple Input Multiple Output (MIMO) array that enables ultra-high resolution point cloud imaging for holistic monitoring of a robot’s and a vehicle’s surroundings. This high-performance sensor incorporates sophisticated single-chip 4D imaging radar technology, featuring an ultra-wide field of view (both in azimuth and elevation) with no dead zones, detecting and tracking multiple targets. Its small form-factor is engineered to address the unique challenges of motorcycle and robotics design.

"We’re very excited to partner with PFF, who are at the forefront of sensor technology, both in terms of harmonization with rider experience on two- and three-wheeled products, as well as application in their innovative robots. Motorcycle riders are among the most vulnerable road users, and this is a big step forward in reducing their risk of collision," says Ilan Hayat, Director of Business Development at Vayyar Imaging. "Regardless of vehicle type, rider safety should not be compromised, and by partnering with PFF we are thrilled to deliver an automotive standard of safety to motorcycles", added Hayat.

 

PR Newswire

Rey Announces $10 Million in New Series A Funding to Expand Access to Mental Health through Digital Capabilities

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Led by Optum Ventures and Oxford Sciences Innovation, new funding will propel Rey’s launch of a tech-enabled, on-demand mental health clinic in response to growing demand for high-quality care in an increasingly resource constrained market

AUSTIN, Texas, July 31, 2021 — Rey, a new mental health and wellness company integrating immersive tools and digital interventions with teletherapy, today announced $10 million in new funding, increasing their Series A to a total of $26 million with the round led by Optum Ventures and Oxford Sciences Innovation.

Deepak Gopalakrishna CEO & Founder / Mike Desjadon, Chief Commercial Officer. Photo courtesy of Rey
Deepak Gopalakrishna CEO & Founder / Mike Desjadon, Chief Commercial Officer. Photo courtesy of Rey

The new funding will help Rey expand its consumer reach and provide more people with access to care through personalized services and leading-edge technology. Rey will also absorb OxfordVR and bring to market clinically validated virtual reality (VR) and digital treatments for Phobias, Psychosis, Post-Traumatic Stress Disorder, and Social Avoidance.

"Mental and behavioral health care is rapidly becoming destigmatized, which is great. But that means there is a growing need and reliance on providers to provide this care, which may drive up costs," said Mike Desjadon, chief commercial officer of Rey. "Through our innovative digital care approach, we can flip the script and provide more personalized care at an affordable price to treat a variety of mental health needs."

Launched in April 2021, Rey is working to improve mental health and wellness by combining cognitive behavioral therapy, talk therapy, medication, and clinically validated tech tools, such as VR, to care for people in new ways.

OxfordVR, was founded in 2017 by Dr. Daniel Freeman, Professor of Clinical Psychology at Oxford University. Dr. Freeman pioneered the use of VR in severe mental illness for more than two decades and is the senior scientific advisor to Rey for development of new automated therapeutics. Potential future treatments include Obsessive-Compulsive Disorder and Substance Use Disorder.

"With a big focus on the expansion of online mental health services, the challenge now is for companies to meet the demand," said Deepak Gopalakrishna, founder and chief executive officer of Rey. "We’re integrating validated and innovative therapeutic tools with well-trained providers to ensure people have access to the high-quality care they need while keeping costs low and preventing provider burnout."

To learn more, visit www.getrey.com.

About Rey

Rey is a membership-based, on-demand mental health company on a mission to revolutionize mental health and wellness by improving access to personalized services through technology. Rey combines proven therapeutic interventions, like cognitive behavioral therapy, with clinically validated tools, like virtual reality, to care for a wide range of member needs in new and novel ways. Powered by OxfordVR, a spin-out of Oxford University and a leader in leveraging technology to deliver proven treatment tools in immersive environments, Rey is arming care teams with the tools they need to bring world-class treatments directly to members’ homes. To learn more visit www.getrey.com.

About Optum Ventures

Optum Ventures is the independent venture fund of Optum, a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum Ventures invests in digital health companies that use data and insights to help improve consumers’ access to health care services and how care is delivered and paid for, and that make the health care system more reliable and easier to navigate. For more information, visit www.optumventures.com.

Oxford Sciences Innovation 

Oxford Sciences Innovation is a science business builder. We build world-changing businesses, bringing Oxford science to the world faster. Since 2015, we have worked with over 200 of Oxford’s leading academics to build a portfolio of more than 100 companies, worth over $2 billion, all based on Oxford science, created +1,500 new jobs and added +55,000 square-feet of laboratory and startup space; building on Oxford’s renowned research legacy to create a leading science ecosystem. A place where scientific breakthroughs become world-changing businesses. Our portfolio of companies spans four sectors, Life Sciences, Deep Tech, Health Tech and Software & AI, tackling challenges like the diagnosis and treatment of devastating rare diseases and cancer, sustainability, nuclear fusion, quantum computing and cyber-security. For more information, visit www.oxfordsciencesinnovation.com. 

Media Contact:
Meredith Good-Cohn
meredith@oxfordvr.org  
(443) 797-2996

 

Related Links :

https://getrey.com/

PR Newswire

UL Acquires Method Park

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The acquisition deepens UL’s automotive and medical device sector safety and security expertise.

NORTHBROOK, Ill., July 21, 2021 — UL, the global safety science leader, today announced its acquisition of German-based Method Park, a company specializing in process engineering, software solutions, training and advisory services focusing on the safety critical aspects of the automotive, medical and aerospace industries. The deal fortifies UL’s expertise to help customers advance innovation safety, business transformation, and regulatory and standards compliance.

UL_Method_Park
UL_Method_Park

"With accelerating technology in safety critical industries, such as automotive and medical devices, the introduction of innovative technologies that provide enhanced convenience also presents new challenges," said Jennifer Scanlon, president and CEO, UL Inc. "Helping ensure their safe and secure deployment will be key in how quickly these innovations are adopted. The Method Park acquisition will build upon on UL’s science-based core expertise in testing, inspection and certification and help address the safety risks of exciting innovative technologies. Together, we will empower our customers with the ability to embrace new opportunities."

Specializing in complex process-based product engineering, Method Park’s portfolio includes advisory services, a digital compliance software solution, a comprehensive training portfolio and software solutions for multiple industries. Founded in 2001, the company has also provided insight to customers on process optimization and quality assurance management. 

"By offering a differentiated customer experience, unmatched thought leadership and solutions, and a best-in-class knowledge platform, UL works to be the global market acceptance and risk mitigation partner of choice for our customers," said Weifang Zhou, UL’s executive vice president and president of Testing, Inspection and Certification. "The Method Park team strategically aligns with that approach and will help us deliver on serving as our customers’ most trusted science, security and sustainability partner."

Headquartered in the Bavarian city of Erlangen, Method Park has offices throughout Germany, including Berlin, Frankfurt, Hamburg, Munich and Stuttgart, with additional facilities in Detroit, Miami, Pittsburgh and Shanghai. With the acquisition, Method Park’s more than 200 employees will join UL to focus on innovative solutions to complex safety and security issues affecting multiple industries.

"We are excited to join forces with UL," said Professor Bernd Hindel, founder and CEO of Method Park. "As a combined team, we will offer our customers best-in-class services that will help them get to market faster and more efficiently. Our group’s shared reputation will allow us to significantly accelerate customer access to a broader range of complementary solutions and expertise, extend services across global markets and help deliver on the promise for a safer and more secure world.”

The transaction closed on July 20. Terms of the acquisition were not disclosed.  

About UL
UL is the global safety science leader. We deliver testing, inspection and certification (TIC), training and advisory services, risk management solutions and essential business insights to help our customers, based in more than 100 countries, achieve their safety, security and sustainability goals. Our deep knowledge of products and intelligence across supply chains make us the partner of choice for customers with complex challenges. Discover more at UL.com.

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WPI-MANA Team Creates Flexible Patterning on Liquid Marble Droplets

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TSUKUBA, Japan, July 20, 2021 — A team at WPI-MANA has created flexible patterning of functional particles on liquid marble droplet surfaces in a patchwork design. Their results show that these droplets can switch their macroscopic behavior between a stable and an active state on super-repellent surfaces in situ by jamming and unjamming the surface particles.

(Image: https://kyodonewsprwire.jp/prwfile/release/M105739/202107127520/_prw_PI1fl_YeT4hwA1.jpg)

Solid particles in the nanometer to micrometer size range irreversibly attach to liquid surfaces, which has led to new products and concepts, such as powder foam, dry water and liquid marbles (LMs).

LMs consist of droplets wrapped by hydrophobic solid particles, which behave as a non-wetting soft solid. Thanks to this property, LMs have applications in fluidics and soft devices, and a wide variety of functional particles have been synthesized to form functional LMs. However, it is difficult to form multifunctional LMs by integrating several types of functional particles.

Active LMs hydrostatically coalesce to form a self-sorted particle pattern on the droplet surface. With the support of LM-handling robotics, on-demand cyclic activation-manipulation-coalescence-stabilization protocols by LMs with different sizes and particle types result in the reliable design of multi-faced LMs. Based on this concept, the WPI-MANA team designed a single bi-functional LM from two mono-functional LMs as an advanced droplet carrier.

The team showed that they can switch LMs’ macroscopic behavior between solid and liquid in situ by changing the packing density, whereas most materials require thermal energy and/or pressure to enable switching.

While jamming particles to prepare droplets with solid-like behavior has been studied in the past, the concept of a reversible interfacial jamming transition at the fluid-fluid interface to activate/stabilize LMs offers a new platform for the development of colloidal and soft matter science.

The team believes this property may be of great interest to materials science researchers.

This research was carried out by Mizuki Tenjimbayashi, Independent Scientist (WPI-MANA, National Institute for Materials Science), and his collaborators.

"Liquid Marble Patchwork on Super-Repellent Surface" Mizuki Tenjimbayashi et al., Advanced Functional Materials (February 19, 2021)
https://doi.org/10.1002/adfm.202010957

MANA E-BULLETIN
https://www.nims.go.jp/mana/ebulletin/