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Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining

TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — Rhotex (www.rhotex.com) has officially launched 3 miner cases configured with an in–built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today's challenges with the traditional miners by consuming lesser power supply compared to the output performance.

Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack which comes with incredible features such as low power consumption, high–performance output, Wi–Fi/ Ethernet connection, easy setup and productive compatibility with various blockchain options. These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry. All products in the RHO series were painstakingly analyzed and tried under intense conditions.

Rhotex Inc.'s algorithm solutions integrate world–class hardware and software technologies for edge and cloud–to–edge enterprise solutions and mines Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash at high levels in remarkable time. Hash rate powers in the series include:

RHO Lite: 1000 TH/s – Bitcoin, 5 GH/s – Ethereum

RHO Pro: 1800 TH/s – Bitcoin, 10 GH/s – Ethereum and

RHO Rack: 4100 TH/s – Bitcoin, 20 GH/s – Ethereum.

Roberts Evans, CEO for Rhotex Inc. in a statement says the RHO series is an easy to use miner that optimizes energy efficiency while providing maximum output. “It's our way of contributing our quota to a green environment by creating an eco–friendly design with an in–built cooling system that has very low carbon emission. This is the first of its kind. We are very delighted by the opportunities this innovation offers,” he further added.

To access the wide range of products on offer and learn more about Rhotex visit www.rhotex.com.

About Rhotex:

Rhotex Inc. is the company behind the RHO Miner series which are eco–friendly high–quality cryptocurrency miners with an in–built cooling system that delivers extremely high hash power with low energy consumption. Their partners include Equinix, Avenga, Etiya, Altiostar, and many more. Headquartered in Toronto, Canada, the company currently has facilities in Australia.

Contact Information:
Harry Sapra
747–216–1067
Rhotex Inc.


GLOBENEWSWIRE (Distribution ID 8142701)

Virgin Hyperloop Unveils Passenger Experience Vision

LOS ANGELES, Jan. 27, 2021 (GLOBE NEWSWIRE) — Just months after their first passenger testing, Virgin Hyperloop today unveiled its vision for the future hyperloop experience. The newly–released concept video takes the viewer step–by–step through a hyperloop journey, from arriving at the portal to boarding the pod.

"Showing the passenger experience of Virgin Hyperloop is a glimpse of the future, following the success three months ago when people rode in a hyperloop pod for the first time," said Sultan Bin Sulayem, Chairman of Virgin Hyperloop and Group Chairman and CEO of DP World. "We have demonstrated the maturity of our technology. We are getting closer to commercialization of what will be the first new mass–scale transportation mode in a century."

"Designing a new mode of transportation from scratch is both an opportunity and a responsibility," said Sara Luchian, Virgin Hyperloop's Director of Passenger Experience and one of the first people to ride the hyperloop in November. "Hyperloop technology "" and what it enables "" is paradigm–shifting. It follows that the passenger experience should be nothing short of extraordinary."

Virgin Hyperloop worked with world–class partners across disparate industries "" including Bjarke Ingels Group (BIG) for the portal designs, Teague for the pod designs, SeeThree for the video and animation, and Man Made Music for the score and sonic identity "" to design a comprehensive, multi–sensory passenger experience that surpasses that of any other form of mass transit.

"Virgin Hyperloop can accelerate the future of mobility on land. The new mode of travel at supersonic speed rethinks transportation and the perception of space, landscape, time, and distance," said Bjarke Ingels, Founder & Creative Director, BIG–Bjarke Ingels Group. "In this day and age, Virgin Hyperloop taking off from our portals provides holistic, intelligent transportation for a globalized community to travel across vast distances in a safer, cleaner, easier, and faster way than airlines."

Far from a dystopian future where dark colors, stark lighting, and screens abound, Virgin Hyperloop's counter narrative is a more optimistic view of the future: a greener, smoother, safer, and more pleasant mass transit experience.

“We leveraged decades of experience designing how people and things move across various modalities "" taking some of the best aspects from aviation, rail, automotive, and even hospitality to create a new and better passenger experience that is distinct to Virgin Hyperloop," said John Barratt, CEO & President, Teague. "Recessed seat wells provide a greater sense of space, while the raised aisle is a touch of the unexpected and unique. Bands of greenery and wood textures subvert the aesthetic of typical mass transit materials with something optimistic and fresh. All lighting in the pod""including the unassuming information displays""are dynamic and adjust based on traveler activity and journey milestones.”

Beyond the typical touchpoints in transportation, Virgin Hyperloop also researched and incorporated findings from more non–traditional interactions, such as sound.

"Through proprietary research and a design thinking approach to creating sound and sonic solutions for Virgin Hyperloop, Man Made Music was able to address a myriad of potential challenges for this new mode of transportation, from how to evoke a sense of privacy and space to an enhanced sense of safety and calm," said Joel Beckerman, Founder and Lead Composer at Man Made Music. "We respond to sound quicker than any other sense, so sound actually drives the multi–sensory experiences. The sonic cues of the Virgin Hyperloop identity system serves as a guide for passengers throughout their experience while instilling confidence, safety, and clarity "" you "feel' it rather than "hear' it. Just like a great movie score, it tells you the story. We know when we've got it right when you don't notice the sound at all: the interface is humanized in ways that are both fresh and familiar."

A key pillar of Virgin Hyperloop's passenger experience is accessibility, ensuring that this new form of transportation will expand opportunities for the masses. While ticket prices will vary depending on the exact route, a recent study in Ohio found that hyperloop fares would be more akin to the cost of driving, rather than flying.

"It's simple. If it's not affordable, people won't use it," said Jay Walder, CEO of Virgin Hyperloop. "Daily high–speed transport is currently not feasible for most people, but we want to change that notion. Imagine being able to commute between cities that are currently hours apart in minutes "" and the endless possibilities that opens up."

On demand and direct to destination, the hyperloop system would be able to transport thousands of passengers per hour, despite the fact that each vehicle carries up to 28 passengers. This high throughput is achieved by convoying, where vehicles are able to travel behind one another in the tube within milliseconds, controlled by Virgin Hyperloop's machine intelligence software.

Following their successful passenger testing, Virgin Hyperloop is currently paving the way for the regulation and certification of hyperloop systems around the world. The company aims to achieve safety certification by 2025, with commercial operations "" such as those depicted in this video "" beginning in 2030.

Media Assets
Media assets can be found here. Please credit Virgin Hyperloop.

About Virgin Hyperloop
Virgin Hyperloop is the only company in the world that has successfully tested hyperloop technology with passengers, launching the first new mode of mass transportation in over 100 years. The company successfully operated an occupied hyperloop vehicle using electric propulsion and electromagnetic levitation under near–vacuum conditions, realizing a fundamentally new form of transportation that is faster, safer, cheaper, and more sustainable than existing modes. The company is now working with governments, partners, and investors around the world to make hyperloop a reality in years, not decades. Learn more about Virgin Hyperloop's technology, vision, and ongoing projects here.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/7d400d35–2c54–4683–87d7–f3cb2259c4a4

https://www.globenewswire.com/NewsRoom/AttachmentNg/90132511–1046–4516–ae24–2703fd6a5f59


GLOBENEWSWIRE (Distribution ID 8142203)

Virgin Hyperloop Unveils Passenger Experience Vision

LOS ANGELES, Jan. 27, 2021 (GLOBE NEWSWIRE) — Just months after their first passenger testing, Virgin Hyperloop today unveiled its vision for the future hyperloop experience. The newly–released concept video takes the viewer step–by–step through a hyperloop journey, from arriving at the portal to boarding the pod.

"Showing the passenger experience of Virgin Hyperloop is a glimpse of the future, following the success three months ago when people rode in a hyperloop pod for the first time," said Sultan Bin Sulayem, Chairman of Virgin Hyperloop and Group Chairman and CEO of DP World. "We have demonstrated the maturity of our technology. We are getting closer to commercialization of what will be the first new mass–scale transportation mode in a century."

"Designing a new mode of transportation from scratch is both an opportunity and a responsibility," said Sara Luchian, Virgin Hyperloop's Director of Passenger Experience and one of the first people to ride the hyperloop in November. "Hyperloop technology "" and what it enables "" is paradigm–shifting. It follows that the passenger experience should be nothing short of extraordinary."

Virgin Hyperloop worked with world–class partners across disparate industries "" including Bjarke Ingels Group (BIG) for the portal designs, Teague for the pod designs, SeeThree for the video and animation, and Man Made Music for the score and sonic identity "" to design a comprehensive, multi–sensory passenger experience that surpasses that of any other form of mass transit.

"Virgin Hyperloop can accelerate the future of mobility on land. The new mode of travel at supersonic speed rethinks transportation and the perception of space, landscape, time, and distance," said Bjarke Ingels, Founder & Creative Director, BIG–Bjarke Ingels Group. "In this day and age, Virgin Hyperloop taking off from our portals provides holistic, intelligent transportation for a globalized community to travel across vast distances in a safer, cleaner, easier, and faster way than airlines."

Far from a dystopian future where dark colors, stark lighting, and screens abound, Virgin Hyperloop's counter narrative is a more optimistic view of the future: a greener, smoother, safer, and more pleasant mass transit experience.

“We leveraged decades of experience designing how people and things move across various modalities "" taking some of the best aspects from aviation, rail, automotive, and even hospitality to create a new and better passenger experience that is distinct to Virgin Hyperloop," said John Barratt, CEO & President, Teague. "Recessed seat wells provide a greater sense of space, while the raised aisle is a touch of the unexpected and unique. Bands of greenery and wood textures subvert the aesthetic of typical mass transit materials with something optimistic and fresh. All lighting in the pod""including the unassuming information displays""are dynamic and adjust based on traveler activity and journey milestones.”

Beyond the typical touchpoints in transportation, Virgin Hyperloop also researched and incorporated findings from more non–traditional interactions, such as sound.

"Through proprietary research and a design thinking approach to creating sound and sonic solutions for Virgin Hyperloop, Man Made Music was able to address a myriad of potential challenges for this new mode of transportation, from how to evoke a sense of privacy and space to an enhanced sense of safety and calm," said Joel Beckerman, Founder and Lead Composer at Man Made Music. "We respond to sound quicker than any other sense, so sound actually drives the multi–sensory experiences. The sonic cues of the Virgin Hyperloop identity system serves as a guide for passengers throughout their experience while instilling confidence, safety, and clarity "" you "feel' it rather than "hear' it. Just like a great movie score, it tells you the story. We know when we've got it right when you don't notice the sound at all: the interface is humanized in ways that are both fresh and familiar."

A key pillar of Virgin Hyperloop's passenger experience is accessibility, ensuring that this new form of transportation will expand opportunities for the masses. While ticket prices will vary depending on the exact route, a recent study in Ohio found that hyperloop fares would be more akin to the cost of driving, rather than flying.

"It's simple. If it's not affordable, people won't use it," said Jay Walder, CEO of Virgin Hyperloop. "Daily high–speed transport is currently not feasible for most people, but we want to change that notion. Imagine being able to commute between cities that are currently hours apart in minutes "" and the endless possibilities that opens up."

On demand and direct to destination, the hyperloop system would be able to transport thousands of passengers per hour, despite the fact that each vehicle carries up to 28 passengers. This high throughput is achieved by convoying, where vehicles are able to travel behind one another in the tube within milliseconds, controlled by Virgin Hyperloop's machine intelligence software.

Following their successful passenger testing, Virgin Hyperloop is currently paving the way for the regulation and certification of hyperloop systems around the world. The company aims to achieve safety certification by 2025, with commercial operations "" such as those depicted in this video "" beginning in 2030.

Media Assets
Media assets can be found here. Please credit Virgin Hyperloop.

About Virgin Hyperloop
Virgin Hyperloop is the only company in the world that has successfully tested hyperloop technology with passengers, launching the first new mode of mass transportation in over 100 years. The company successfully operated an occupied hyperloop vehicle using electric propulsion and electromagnetic levitation under near–vacuum conditions, realizing a fundamentally new form of transportation that is faster, safer, cheaper, and more sustainable than existing modes. The company is now working with governments, partners, and investors around the world to make hyperloop a reality in years, not decades. Learn more about Virgin Hyperloop's technology, vision, and ongoing projects here.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/cf4e853d–a2f3–4174–ac1d–91e661551c71

https://www.globenewswire.com/NewsRoom/AttachmentNg/95c8d171–9f3e–4e9a–9482–b0f2dbc35144


GLOBENEWSWIRE (Distribution ID 8142044)

LeddarTech Announces Significant Growth in Customer Engagements, Partnerships, and Investment in 2020

QUEBEC CITY, Jan. 27, 2021 (GLOBE NEWSWIRE) — LeddarTech , a global leader in Level 1–5 ADAS and AD sensing technology, announces notable and significant growth in 2020.

Despite the pandemic, LeddarTech, a pioneer in automotive sensing technology, boosted growth in investment, units sold, ecosystem partnerships, strategic customer engagements, and acquisitions in 2020. In November of 2020, LeddarTech was recognized by Tracxn in a category of only six Canadian corporations as a Unicorn, defined by Tracxn as one with a valuation exceeding the billion, and even the multi–billion–dollar mark in some cases, representing the elite of the Canada Tech start–up sector.

Major 2020 Achievements:

  • Reached over $350 million of investments from industry leaders.
  • Contracted six Tier–1 and OEM customers to develop LiDAR measurement software, sensor fusion, and perception technology to enable ADAS and autonomous driving applications with a lifetime value over US$1.5 billion, supporting a growing opportunity funnel well over US$4.0 billion.
  • Signed strategic partnership agreements with three global automotive Tier–1/2 customers for LiDAR platform development.
  • Delivered over 9,000 low–cost solid–state LiDAR sensors to customers, a double–digit increase over 2019.
  • Announced volume production of the award–winning Leddar Pixell with manufacturing partner Faurecia–Clarion Malaysia.
  • Announced the addition of four major global technology companies as collaborative partners for joint delivery of LiDAR solutions to the market within the Leddar Ecosystem, including STMicroelectronics, Flex, dSPACE, and Ningbo Sunny Optical. LeddarTech expects to report further additions to the Leddar Ecosystem H1 of 2021.
  • Expanded collaboration with Renesas to accelerate autonomous driving and ADAS development. This platform combines LeddarTech's industry–leading raw data sensor fusion stack and LiDAR technology with Renesas' newly launched R–Car V3U, a best–in–class ASIL D system–on–chip (SoC) for ADAS and AD systems.
  • Accelerated automotive sensing solutions through two acquisitions:
    • Phantom Intelligence: This acquisition advanced LeddarTech's strategy to aggregate and consolidate automotive sensing technologies, enabling the company to offer comprehensive solutions to our customers at lower cost.
    • VayaVision: This acquisition added a vital building block by combining sensor fusion and perception technology with LeddarTech's proven LeddarEngine platform. The LeddarEngine platform built on an open software architecture combined with LeddarVision enables LeddarTech to address customers' need for sensing solutions that are hardware agnostic, scalable, and adaptable to any vehicle and sensor configuration.

The acquisitions of VayaVision and Phantom Intelligence, combined with over a decade of expertise in groundbreaking L1–5 ADAS and AD sensing technologies, demonstrate LeddarTech's commitment to continuous innovation and service to our Tier 1–2, OEM, and autonomous mobility customers.

LeddarTech also expanded operations in Israel and augmented the existing engineering team with world–class AI and machine learning engineers.

"2020 was the most challenging year in recent history, but meeting challenges is in LeddarTech's DNA," stated Mr. Charles Boulanger, CEO of LeddarTech. "We are very proud of the advances we have made as an organization and the faith that our customers and strategic partners have placed in us," concluded Mr. Boulanger.

"Our partners and customers recognize that they can rely upon LeddarTech's ingrained expertise in sensing solutions that have been achieved through over 10 years of pioneering experience," said Mr. Frantz Saintellemy, President and COO.

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end–to–end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments. With its LeddarVision sensor–fusion and perception platform and its cost–effective, scalable, and versatile LiDAR development solution for automotive–grade solid–state LiDARs based on the LeddarEngine, LeddarTech enables Tier 1–2 automotive system integrators to develop full–stack sensing solutions for autonomy level 1 to 5. These solutions are actively deployed in autonomous shuttle, truck, bus, delivery vehicle, smart city/factory, and robotaxi applications. The company is responsible for several innovations in cutting–edge automotive and mobility remote–sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice–President, Global Marketing, Communications, and Product Management, LeddarTech Inc.
Tel.: + 1–418–653–9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.


GLOBENEWSWIRE (Distribution ID 8141976)