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Dr. Yunhao Chen will join SEC Commissioners and other thought leaders in the annual forum focused on financial reporting and capital raising policies affecting small businesses. GARLAND, Texas, April 9, 2025 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo" or the "Company"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announces that Dr. Yunhao Chen, the Chief Financial Officer of Massimo, will participate in a panel discussion on Thursday, April 10, 2025, at the Securities and Exchange Commission's 44th Annual Government-Business Forum on Small Business Capital Formation. Dr. Chen will be featured in a 3:30 p.m. ET panel discussion titled, "Small Cap Playbook: Entering and Advancing in the Public Market Arena." Dr. Chen will be joined by moderator Sebastian Gomez Abero, Acting Deputy Director of the SEC's Division of Corporation Finance, and co-panelist David Lynn, a securities attorney at the law firm Goodwin Procter LLP. Held at the SEC Headquarters in Washington D.C. from 1 p.m. – 5:30 p.m. ET, the forum will include appearances by SEC Commissioners and discussions with thought leaders from across the small business ecosystem on capital raising by early- to late-stage private companies and smaller public companies. Organized by the Office of the Advocate for Small Business Capital Formation, the forum brings members of the public and private sectors together to collaborate and provide suggestions to improve policy affecting how entrepreneurs, small businesses, and smaller public companies raise investment capital. Prior to joining Massimo Group as its CFO, Dr. Chen led another Nasdaq-listed company through its IPO process, raised over $80 million, oversaw the company's financial reporting, accounting investor relations and capital markets functions. She holds a Ph.D. in accounting, an MBA in finance, has taught at several universities, presented and published research results in accounting and finance journals, and has served on the boards of several public companies. The SEC's Small Business Forum, which was hosted virtually from 2020-2024, returns to an in-person format while also continuing to allow for virtual attendance so individuals unable to attend can participate. Registration information and a full agenda is available on SEC.gov. About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style minibikes. Founded in 2020, Massimo Marine manufactures and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo Group is also developing electric versions of UTVs, golf carts and pontoon boats, all of which are currently available for sale. The company's 376,000-square-foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com . Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo's future results of operations and financial position, Massimo's business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under "Risk Factors" in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo's control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: CompanyDr. Yunhao ChenChief Financial OfficerMassimo Groupir@massimomotor.com Corporate CommunicationsIBNAustin, Texaswww.InvestorBrandNetwork.com512.354.7000Editor@InvestorBrandNetwork.com
TAIPEI, April 9, 2025 /PRNewswire/ -- Leading collaborative robot manufacturer Techman Robot, Taiwan's largest shipbuilder CSBC Corporation, and AMET Inc., a U.S. leader in intelligent welding technology, have officially signed a MOU. The three parties will collaborate to develop robots tailored for shipbuilding environments, accelerating the industry's transition to smart manufacturing and enhancing welding efficiency and quality. Techman Robot provides intelligent welding solutions by AI-powered cobot Partnering with Global Leaders to Pioneer a New Era of Smart Welding Techman Robot is committed to providing intelligent welding solutions, and its TM AI Welding Collaborative Robot has been widely adopted in industries requiring high-precision welding, including shipbuilding, large-scale steel structures for airport terminals, and offshore wind power. These technologies help industries address the global shortage of skilled welders. By partnering with AMET and CSBC, Techman Robot aims to drive further innovation in shipbuilding automation. AMET Inc., a U.S. leader in intelligent welding technology, brings extensive expertise in aerospace, shipbuilding, energy, and automotive industries. CSBC Corporation, Taiwan's largest shipbuilder, contributes real-world shipbuilding expertise and application experience, ensuring that the solutions developed meet practical industry needs. By leveraging their combined strengths, the three companies will expand the global AI-powered welding market and accelerate the intelligent transformation of the shipbuilding industry. Empowering the Shipbuilding Industry with AI-Powered Welding for Maximum Efficiency As Taiwan's leading shipbuilder, CSBC will focus on developing compact AI-driven welding robots designed for large bulk carriers and container ships. The integration of AI welding technology will significantly enhance welding precision and production efficiency, leading to shorter construction cycles and lower labor costs. This collaboration will further strengthen Taiwan's global competitiveness in the shipbuilding industry. Southeast Asia, particularly Thailand, Vietnam, Indonesia, and Malaysia, is experiencing rapid growth in the shipbuilding industry and large-scale infrastructure projects, driving a rising demand for high-precision, automated welding technology. Through this collaboration, AI and intelligent welding solutions will ensure greater process stability, reduced welding defects, and enhanced automation across industrial sectors. Furthermore, as maritime, energy, and infrastructure sectors in Southeast Asia continue to expand, Techman Robot's AI welding solutions will help local industries improve productivity, reduce operating costs, and enhance international competitiveness. In addition to shipbuilding, these smart welding technologies will also be applied to large-scale steel structures, bridge construction, maritime industries, and heavy industrial manufacturing, bringing comprehensive smart manufacturing advancements to the Southeast Asian market.
BERGEN, Norway, April 8, 2025 /PRNewswire/ -- Dataloy Systems, a trusted leader in innovative voyage management solutions, today announced a strategic partnership with Lloyd's List Intelligence, a global authority in maritime risk and compliance data. This powerful collaboration brings Lloyd's List Intelligence Risk and Compliance data into Dataloy's Voyage Management System (VMS) via Dataloy Widgets—enabling charterers, operators, and financiers to access seamless, embedded risk insights at the point of voyage decision-making. For the first time, users are now able to assess vessel risk, compliance exposure, and operational anomalies directly within the Dataloy VMS platform. This integration addresses increasing regulatory demands and ensures efficient compliance practices without interrupting operational workflows. Enhancing Maritime Risk Management at the Point of Decision The maritime industry is navigating an era of heightened regulatory scrutiny, with sanctions enforcement becoming increasingly stringent. For charterers, evaluating vessel risk is no longer optional; it's essential. However, traditional methods of cross-referencing platforms and performing manual risk checks are inefficient and leave room for oversight. The Dataloy-Lloyd's List Intelligence partnership eliminates these challenges by embedding risk intelligence directly into voyage management workflows through Dataloy Widgets, enabling users to access critical data at the point of decision-making. "This partnership underscores our shared mission to simplify vessel compliance complexities in an increasingly regulated world," said Andrea Biasillo, CTO of Dataloy Systems. "By equipping charterers with real-time, intuitive risk intelligence, we are not just reacting to industry demands but anticipating them. Our Dataloy Widgets framework ensures that critical data is accessible precisely when and where it's needed." "Risk intelligence should be accessible at the decision-making point," added Michael Dell, CEO of Lloyd's List Intelligence. "Our partnership with Dataloy demonstrates our unwavering commitment to empowering maritime professionals with the tools they need to safeguard global compliance while simplifying their day-to-day workflows. By reducing inefficiencies and improving situational awareness, we're playing a pivotal role in securing the lawful and efficient movement of trade." Key Benefits of the Integration: Assess Vessel Risk Ratings: Obtain insights into a vessel's compliance history, ownership transparency, and trading behaviour. Monitor AIS Anomalies: Detect AIS interruptions, manipulation, and unusual vessel movements. Evaluate Movement Risks: Identify ship-to-ship transfers and irregular trading patterns. Verify Flag and Ownership Data: Access validated information to ensure regulatory compliance. Streamline Risk Assessment: Conduct due diligence effortlessly within a single platform. Enhance Operational Confidence: Make informed decisions supported by reliable and actionable data. Driving Innovation in Maritime Compliance The integration of Lloyd's List Intelligence's leading compliance data with Dataloy's flexible and powerful platform sets a new standard for embedded risk intelligence in maritime operations. This partnership is a response to the evolving needs of the industry—and a proactive move toward smarter, more secure shipping. About Lloyd's List Intelligence For over 290 years, Lloyd's List Intelligence has been the trusted independent partner for monitoring, assessing, and managing maritime risks. Leveraging unparalleled expertise and technology, we provide actionable insights and solutions that empower professionals across insurance, trade finance, shipping, and government sectors to make data-driven decisions with confidence. To learn more about Lloyd's List Intelligence, visit www.lloydslistintelligence.com. About Dataloy Systems Dataloy Systems is a leading provider of innovative voyage management solutions, trusted by maritime professionals worldwide to navigate global shipping with confidence and precision. With decades of industry expertise, its adaptable Dataloy VMS platform streamlines planning, execution, and compliance, enabling data-driven decisions that enhance profitability and operational resilience in an ever-evolving landscape. To learn more about Lloyd's List Intelligence, visit www.dataloy-systems.com. Media Contact Anumita BhargavaHead of MarketingDataloy Systems Email: abh@dataloy.com This information was brought to you by Cision http://news.cision.com https://news.cision.com/dataloy-systems/r/dataloy-systems-partners-with-lloyd-s-list-intelligence-to-embed-risk-intelligence-into-voyage-manag,c4132664 The following files are available for download: https://mb.cision.com/Main/23184/4132664/3375526.pdf Press release (PDF) https://news.cision.com/dataloy-systems/i/lloyd-assessment-release-2,c3396655 Lloyd assessment release-2
LONDON and NEW YORK, April 3, 2025 /PRNewswire/ -- Pole Star Global, the leader in maritime intelligence and regulatory compliance solutions, announced the appointment of two key strategic executives, accelerating their mission to deliver next-generation maritime risk analytics and operational intelligence. Matt Morgan joins as Chief Product Officer (CPO), and Saleem Khan joins as Chief Data & Analytics Officer (CDAO). Both leaders bring decades of experience in maritime technology, data analytics, and risk management. Their expertise and leadership will play pivotal roles in driving Pole Star's next phase of innovation and global expansion. "These appointments mark an exciting new chapter for Pole Star," said Bob Skea, CEO of Pole Star Global. "Matt and Saleem bring complementary expertise and a shared vision for advancing our product, data and predictive analytics and AI strategy. Their contributions will be instrumental as we continue to deliver maritime solutions that enhance counterparty transparency, manage risk, and create value for our customers across the entire ecosystem." Matt Morgan Appointed Chief Product Officer Leveraging his 16 years of experience in maritime technology and data analytics, Matt Morgan will lead Pole Star's product strategy, aligning the company's industry-leading solutions with the evolving needs of the global maritime ecosystem. His strategic initiatives will integrate Pole Star's capabilities across its diverse customer base and ensure a unified product vision that leverages the company's proprietary insights, robust technology and deep expertise. "Matt is the kind of leader that will have a significant impact on the entire market. His vision for the future of our industry and his ability to execute at a high level will be critical as we expand our offerings," Skea said. Morgan previously served as Founder and CEO of FreightFlows, a maritime data analytics company. His career spans container shipping, commodity trading, and supply chain visibility solutions, giving him a comprehensive view of the challenges and opportunities facing maritime stakeholders. "At its core, Pole Star is a trusted third party in global trade, uniquely positioned to bring transparency and security to an industry that thrives in opacity," Morgan said. "Since Polestar is not a broker, carrier, or cargo owner—we serve as a neutral conduit, making global trade safer and more efficient." Morgan will spearhead the evolution of Pole Star's solutions, including innovations in AI risk analytics, sanctions compliance, and operational intelligence. He will also lead Pole Star Labs, the company's innovation hub focused on advancing next-generation technologies. Saleem Khan Appointed Chief Data & Analytics Officer 20 years of deep experience in financial services, data insights and risk management have prepared Saleem Khan for his new role as Chief Data & Analytics Officer. Khan will oversee Pole Star's strategic "growth pillars," focusing on the creation and commercialization of new data-driven products, robust risk analytics capabilities, and prescriptive actionable insights that help Pole Star customers navigate complex regulatory and operational environments. "Saleem's expertise is precisely aligned to what the maritime industry needs when you consider the tumultuous landscape of regulatory, commercial and security concerns," Skea said. "His deep expertise in insight-fueled decisioning, financial services and risk ratings, along with his proven track record of building data and analytics solutions, makes him perfectly suited to lead the expansion of our portfolio." Khan has held senior roles at Standard & Poor's and Dun & Bradstreet where he developed risk rating methodologies and leveraged complex data sets for financial services and government stakeholders. Notably, at Dun & Bradstreet, Khan integrated shipping data into supplier risk ratings, demonstrating his expertise at the intersection of maritime data and risk analysis. "Pole Star is uniquely positioned in global trade, we deliver unbiased risk analytics and intelligence that the maritime industry relies on to navigate today's challenges," Khan said. "My focus is on expanding our data and analytics offerings to create measurable value for our customers—whether they are examining growth opportunities, managing compliance risk or seeking operational efficiency." Khan and Morgan will collaborate closely with Pole Star's executive team to bring new solutions to market and ensure the company remains the partner of choice for global finance leaders, sovereign governments, ship operators, and trade organizations. About Pole Star Global Pole Star Global provides industry-leading maritime intelligence solutions designed to help organizations mitigate risk, ensure regulatory compliance, and enhance operational efficiency across the global supply chain. For over 25 years, Pole Star has been a trusted partner to governments, financial institutions, ship operators, and global businesses, delivering innovative technology solutions that safeguard trade, vessels, and reputations worldwide. For more information on Pole Star Global, visit www.polestarglobal.com.
BEIJING, April 2, 2025 /PRNewswire/ -- On March 29, China Media Group launched the Expert Committee on South China Sea Studies in Sanya, Hainan Province, China. The Committee brings together 28 leading experts and professionals from institutions including the South China Sea Institute of Oceanology (SCSIO) of the Chinese Academy of Social Sciences, Chinese Academy of History, the National Institute for South China Sea Studies (NISCSS) , the Huayang Research Center for Maritime Cooperation and Ocean Governance, the United Nations Commission on the Limits of the Continental Shelf (CLCS), the Belt and Road Initiative Caucus for Asia Pacific (BRICAP), and the Institute for China-Indonesia Partnership Studies. Committed to advancing peace and development in the South China Sea through rational, impartial, and objective advocacy, the Committee pools intellectual resources to contribute expertise and momentum for regional stability and cooperation. Poster: CMG Launches Expert Committee on South China Sea Studies and Releases Southeast Asia Perceptions Report on the South China Sea Wu Shicun, Member of the Committee and Chairman of Huayang Research Center for Maritime Cooperation and Ocean Governance, stated that CMG Expert Committee on South China Sea Studies brings together multidisciplinary and multinational experts specializing in marine-related research, and that this new collaboration mechanism and platform will elevate policy discussions and intellectual exchanges in the South China Sea region to new heights. Ong Tee Keat, also Member of the Committee and former Minister of Transport of Malaysia, as well as President of the Belt and Road Initiative Caucus for Asia Pacific, remarked that China-ASEAN cooperation serves as a successful model of regional integration and multilateralism, and that the launch of the Committee is highly timely. Peter T.C. Chang, Member of the Committee and visiting senior fellow, ISEAS-Yusof Ishak Institute, Singapore, emphasized that Southeast Asian nations should determine their regional destiny independently and autonomously by upholding the principle of an "ASEAN-centric" order. On the same day, CMG also launched the Southeast Asia Perceptions Report on the South China Sea. Academically supported by the Global Public Opinion Research Center at Renmin University of China, the report analyses public opinion polls and sentiment data collected from citizens in six Southeast Asian countries—Indonesia, Malaysia, Vietnam, the Philippines, Singapore and Thailand. The findings indicate that the people of these nations have expressed a high level of recognition for resolving the South China Sea issues through diplomatic channels and dialogue. They are generally wary and concerned about external forces' intervention in the South China Sea. They also look forward to cooperation with China in the region. Link of Southeast Asia Perceptions Report on the South China Sea： https://vscs.cri.cn/20250331/286f89b8-1a24-cf90-291b-64d8f85083c0.html
SINGAPORE, March 26, 2025 /PRNewswire/ -- Energy management technology provider Ampotech has deployed an internet of things-based vessel and fleet management platform for Singapore's largest electric supply vessel. The PXO's E-Supply Boat Voltai, developed by the Coastal Sustainability Alliance (CSA) led by the Kuok Maritime Group (KMG), expects to save vessel operators roughly 40% on their annual fuel costs due to its electric drivetrain and a payload capacity roughly four times that of conventional supply boats. E-Supply Vessel Voltai Following the vessel's launch in February and successful sea trials, Ampotech deployed its solution to connect to onboard systems such as the batteries and electric motors and transmit data to its fleet management software application. The system tracks vessel movement, energy usage, available range based on battery status, and carbon footprint. The onboard internet of things devices leverage the coastal 5G network by CSA partner M1. "As the maritime sector electrifies, operators will need new ways to manage and improve vessel operations, and they will need new tools to support route planning and charging. Those are challenges we are well equipped to handle, and we are proud to support the operation of this first-of-its-kind vessel with our partners in the Coastal Sustainability Alliance," said Ampotech CEO William Temple. In addition to the electric fleet management platform, the PXO E-Supply Boat Voltai vessel incorporates several novel technologies aimed at enhancing efficiency. The hull design reduces power consumption by as much as 10% at 10 knots under full load, and the vessel makes use of a digital twin. "Voltai marks a significant step in CSA's commitment to build the next-generation logistics ecosystem. Through our collaboration with Ampotech, we are equipping operators with the real-time data and insights needed to meet operational efficiency. The integration of IoT-enabled fleet management solutions is an enabler for the future of maritime operations, and we are excited to apply these novel technologies in our electric supply boat," said Mr Tan Thai Yong, Managing Director and CEO, PaxOcean Group and Chairperson, CSA. The PXO E-Supply Boat Voltai will be showcased at Singapore Maritime Week before commencing operations in Singapore waters. Work has begun on a sister vessel, the PXO-ACE-1, which will be the first fully electric tug to be assembled, delivered and operated in Singapore. About Ampotech Ampotech manages the electrified world with AI-enabled internet of things solutions. Headquartered in Singapore, Ampotech focuses on the built environment and energy-intensive industries and has been recognized as a leading climate tech company in Southeast Asia, winning multiple awards. Today, Ampotech works with energy services, renewable energy, real estate, and manufacturing businesses and has deployed tens of thousands of connected devices to help businesses save energy and manage distributed energy resources. Visit www.ampotech.com for more information. Further reading:https://sbr.com.sg/news/coastal-sustainability-alliance-debuts-singapores-largest-electric-supply-boathttps://sbr.com.sg/exclusive/kmgs-electric-supply-ship-hold-trials-in-second-half
Maritime/Shipbuilding
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