Latest news with #TES
Miami Herald
4 days ago
- Business
- Miami Herald
Brenmiller Energy Comments on Reverse Share Split Ahead of Expected Near-Term Milestones
ROSH HA'AYIN, IL / ACCESS Newswire / June 18, 2025 / Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, today issued a letter from its Chief Executive Officer, Avi Brenmiller. To Our Shareholders, As previously announced, today at the close of trading on the Nasdaq Capital Market, Brenmiller Energy will implement a reverse share split-a strategic and proactive decision made to protect and preserve shareholder value as we approach a critical period of execution on our business objectives. This decision followed extensive internal consideration about the timing and impact of a reverse share split. Ultimately, we determined that the best course of action was to be decisive today, which will allow us to remain focused on what matters most in the days ahead: delivering on our milestones. The value that Brenmiller Energy has built is evident: More than a decade of TES innovation and $118 million in investments have led to deployments across Europe, the U.S., and the Middle EastCommissioning and building over 100 MWh of projectsA $500 million pipeline of commercial opportunities4GWh of manufacturing capacity Let us be clear: a reverse split changes the number of shares outstanding, but it does not impact your ownership. All shareholders-including insiders-are impacted equally by this reverse split. That's not incidental. It's intentional. We are all in this together. Our Company's founders and management, including myself, continue to have significant holdings in Brenmiller Energy. Investors can be assured that all of our interests are aligned. As we are aiming to move towards key implementation milestones for commercial deployment in the near-term, with funding commitments for projects within our existing portfolio, and strategic collaborations-we believe that these future achievements will translate into tangible value for shareholders. We're not waiting for the market to understand what we've built. We are aiming to make it impossible to ignore. As we've shared throughout 2025, we believe that Brenmiller Energy has entered a new phase-one defined by acceleration. Our recent progress with TES projects including Tempo Beverages in Israel and SolWinHy in Spain makes that clear: we believe we are on the verge of a breakout moment with a robust global commercial pipeline and technology that's already proven in the field. The result? Real operating momentum that we believe will spark interest in our technology-and a reappraisal of the value it truly deserves. We thank you for standing with us, and we invite you to stay close. We believe that the weeks ahead won't just validate our vision-they'll define it. Sincerely, Avi BrenmillerCEO, Brenmiller Energy Ltd. About Brenmiller Energy Ltd. Brenmiller Energy helps energy-intensive industries and power producers end their reliance on fossil fuel boilers. Brenmiller's patented bGen™ ZERO thermal battery is a modular and scalable energy storage system that turns renewable electricity into zero-emission heat. It charges using low-cost renewable electricity and discharges a continuous supply of heat on demand and according to its customers' needs. The most experienced thermal battery developer on the market, Brenmiller operates the world's only gigafactory for thermal battery production and is trusted by leading multinational energy companies. For more information visit the Company's website at and follow the company on X and LinkedIn. Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements when it discusses: expected near-term milestones; the timing for implementing a reverse share split; its protecting and preserving shareholder value as the Company approaches a critical period of execution its business objectives;; the Company's future commercial deployment milestones, funding commitments for projects within its existing portfolio, and strategic collaborations and that such future achievements will translate into tangible value for shareholders; future interest in the Company's technology and a reappraisal of its value; and the Company's $500 million pipeline of commercial opportunities. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this press release. Factors that may affect the Company's results include, but are not limited to: the Company's planned level of revenues and capital expenditures; risks associated with the adequacy of existing cash resources; the demand for and market acceptance of our products; impact of competitive products and prices; product development, commercialization or technological difficulties; the success or failure of negotiations; trade, legal, social and economic risks; and political, economic and military instability in the Middle East, specifically in Israel. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission ("SEC") on March 4, 2025, which is available on the SEC's website, The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact: investors@ SOURCE: Brenmiller Energy
IOL News
5 days ago
- Business
- IOL News
How technology is modernising recruitment in Temporary Employment Services
Pierre Bekker, Director at Quyn International Outsourcing Image: Supplied In the Temporary Employment Services (TES) sector, technology is redefining how companies connect with the right talent, and how quickly and accurately it can happen. With smart tools like Artificial Intelligence (AI), automation, and integrated digital platforms, TES providers in South Africa are now working more efficiently and delivering better results for both employers and job seekers. But this shift isn't about replacing recruitment specialists with machines. Instead, it's about empowering TES professionals to work smarter, focus on strategic relationships, and offer real value in a fast-changing labour market. AI makes smarter, faster matches One of the biggest challenges in the TES environment is managing high volumes of CVs while in the pursuit of matching the right candidate to the right role in record time. Traditionally, this meant that recruiters would spend hours manually reviewing CVs and cross-referencing job descriptions. But AI is changing that. By analysing job descriptions and comparing them to candidate profiles using keywords and contextual relevance, AI tools can quickly identify patterns, rank applicants, and prioritise the best matches. These algorithms continuously improve over time, learning from past hiring decisions to enhance future results. This doesn't just reduce the time it takes to fill a position; it also improves the quality of the match because AI considers factors like availability, experience, and even previous performance to ensure the right person lands in the right role, the first time. Automation shifts the recruiter's focus More than just sophisticated candidate matching, automation streamlines many of the repetitive administrative tasks that have, until now, slowed recruiters down. Tasks such as interview scheduling, document collection, and sending follow-up messages can now be handled automatically. This frees up recruiters' time to play a more strategic and consultative role. Instead of spending hours on paperwork or scheduling, they can focus on understanding client needs, building relationships, and enhancing employer branding. This shift in focus leads to better long-term planning and workforce strategies, allowing TES providers to act not only as staffing suppliers but as trusted workforce partners. Digital platforms also help recruiters rethink the end-to-end hiring process. These platforms centralise everything - from job postings and candidate databases to communication and task tracking. For TES providers, this means a more organised, transparent process as communication between recruiters, clients, and candidates becomes smoother and faster, with fewer dropped balls. Real-time dashboards and reporting tools give clients insights into hiring progress and trends, while candidates benefit from quicker feedback and clearer application journeys. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ It's not just about speed, it's about outcomes For clients, the adoption of technology by TES providers translates into faster turnaround times, improved quality of hires, and greater visibility into the recruitment process. Predictive analytics and labour market data give deeper insights into talent availability and hiring trends, which is critical when working on projects like plant shutdowns or ramping up new operations. Here, candidates benefit too. With better data and AI-assisted matching, job seekers receive more relevant opportunities, quicker responses, and a smoother application experience. The whole process feels less like a black hole and more like a guided journey. While faster hiring is important, TES providers are recognising that speed alone isn't enough. Prioritising speed over fit can result in poor hires, higher turnover, and long-term reputational damage. By focusing on quality placements, TES providers help build more stable, productive workforces for their clients. The right fit leads to better job satisfaction, stronger performance, and lower employee churn - outcomes that benefit everyone involved. Technology enhances the value of TES providers The demands on TES providers are skyrocketing. Clients seek more flexible, agile staffing solutions that can respond to shifts in workforce requirements at short notice. Whether it's responding to a regulatory change, expanding a production line, or supporting a temporary project, TES providers must move quickly and confidently. Smart technologies, such as real-time labour market analytics and predictive forecasting, can equip TES teams to anticipate skills shortages, adjust talent pipelines, and support clients with effective workforce planning. These capabilities are vital in helping businesses stay competitive and compliant. Importantly, technology isn't here to replace the human touch in recruitment - it's here to support and strengthen it. For TES firms, digital tools are helping shift the role from admin-heavy tasks to more strategic, consultative work. With streamlined processes and access to deeper insights, South African TES providers are now better positioned to respond to shifting labour market needs, build lasting client relationships, and offer a smoother, more positive experience for candidates throughout the hiring journey. Pierre Bekker, Director at Quyn International Outsourcing
New Straits Times
5 days ago
- Business
- New Straits Times
MAG reinforces Langkawi's role as key tourism gateway
KUALA LUMPUR: Malaysia Aviation Group (MAG) continues to champion Langkawi's role as a vital tourism gateway and catalyst for regional growth. "Malaysia is more than a destination. It is a story of rich culture, warm hospitality, and global potential. "As the national carrier, Malaysia Airlines carries this story across continents, serving as a bridge between nations and a proud ambassador of everything Malaysia stands for," said Dersenish Aresandiran, chief commercial officer of airlines at MAG. Langkawi, one of Malaysia Airlines' earliest and most iconic leisure destinations, remains central to the airline's network. With 56 weekly flights linking the island to major cities across Malaysia and beyond, MAG continues to champion Langkawi's strategic role in tourism and economic development. In line with this commitment, Malaysia Airlines recently partnered with the Malaysia Convention and Exhibition Bureau and the Langkawi Development Authority to host the second edition of its flagship Trade Elevation Summit (TES). Building on the success of last year's inaugural event in Kuala Lumpur, TES 2025 welcomed more than 300 delegates, including airline representatives, trade partners, and stakeholders from 68 global cities, creating a high-impact platform for collaboration and strategic dialogue. "Hosting the Trade Elevation Summit here reflects our long-standing commitment to uplifting Malaysia's key tourism hubs and aligning our efforts with national goals," Dersenish added. "Through initiatives like the Bonus Side Trip and ongoing investments in connectivity, product innovation, digital platforms, and customer experience, we are strengthening our foundations and positioning Malaysia Airlines as the top-of-mind carrier in the region." He added that the summit marks an important milestone in the airline's journey towards Visit Malaysia Year 2026, where Malaysia Airlines will continue playing a leading role in promoting the country as a world-class travel destination.
India Gazette
14-06-2025
- General
- India Gazette
Sri Lankan Army Chief reviews IMA's 156th Passing Out Parade in Dehradun
Dehradun (Uttarakhand) [India], June 14 (ANI): The Indian Military Academy (IMA) in Dehradun hosted its 156th Passing Out Parade on Saturday, which was reviewed by Sri Lankan Army Chief Lieutenant General Lasantha Rodrigo, RSP, CTF-NDU, PSC, IG. He congratulated the graduating officer cadets on successfully completing their training and praised both cadets and instructors for the parade's discipline, coordination, and presentation. According to a release, this visit is a reflection of the traditional, strong and historical military relations between the armies of India and Sri Lanka and will further strengthen mutual cooperation. On this occasion, a total of 451 officer cadets of the 156th Regular Course, 45th Technical Entry Scheme (TES) and 139th Technical Graduate Course, 32 foreign cadets from nine friendly nations including Special Commissioned Officers (SCO-54) completed their training and bid a proud farewell to the academy. This day was recorded as another golden chapter in the history of IMA. During the parade, the officer cadets demonstrated their commitment, pride and confidence by marching in disciplined and passionate steps to inspiring military tunes like 'Saare Jahan Se Accha' and 'Kadam Kadam Badhaye Ja'. This historic moment was witnessed by their families, dignitaries and spectators from India and abroad through the media. Addressing the parade, Reviewing Officer Lieutenant General Lasantha Rodrigo became emotional and said that, as an alumnus of IMA, it was a matter of pride and honour for him to review this historic parade. He recalled how his military journey began from this academy with a simple haircut. He said that the uniform is not just a symbol of a post, but a complete lifestyle. A true officer earns the trust of his subordinates with his character, conduct and decisions - this respect is not earned only by rank, it is earned by everyday deeds. Referring to the motto of IMA, Gen Rodrigo emphasised the three fundamental responsibilities - to the nation, to our soldiers and to the families of our brave soldiers. He described the four fundamental values of a soldier - discipline, honesty, integrity and honour - as the keys to success. According to him, discipline is self-restraint, honesty is what remains even when no one is watching, loyalty transcends the bounds of rank, and honour is the sacred trust that comes with the uniform. He reminded the cadets that they are now part of a proud line of patriots and they must wear this uniform with pride, with a sense of purpose. He especially congratulated the award winners and encouraged other cadets to keep striving. He described the foreign cadets as global ambassadors of the values of IMA. In his address, the Sri Lanka Army Chief said that IMA not only trains soldiers but also creates future defenders of the nation. He called upon the cadets to lead with wisdom, fight for truth and justice and proudly carry forward the hopes of the nation. In his concluding remarks, he exhorted the cadets to add a new chapter to the great legacy of IMA and congratulated them for the excellent parade. He also said that the cadets have now become part of a lifelong military brotherhood. He ended his address with the inspiring words of Field Marshal Sam Manekshaw - 'Be true, be honest, be fearless.' The Sword of Honour was awarded by the Reviewing Officer to - Academy Cadet Adjutant Anni Nehra, Gold Medal (First Position in Merit List) - Academy Under Officer Ronit Ranjan Nayak, Silver Medal (Second Position in Merit List) - Academy Cadet Adjutant Anni Nehra, Bronze Medal (Third Position in Merit List) - Battalion Under Officer Anurag Verma. First Position in Technical Graduate Course - Sergeant Akash Bhadoria (Silver Medal), First Position in TES-45 - Wing Cadet Quarter Master Kapil (Silver Medal), First Position in Foreign Cadet - Foreign Officer Cadet Nishan Balami (Nepal), Chief of Army Staff Banner - Keran Company (for highest performance among 12 companies in Spring Term 2025) were awarded to them. The Reviewing Officer exhorted all the cadets that 'You are just one step away from the historic and proud moment of your commissioning.' (ANI)
New York Times
11-06-2025
- Business
- New York Times
To Shake Russian Gas, Germany Pushes to Ship It in From Anywhere Else
When Russia invaded Ukraine in 2022, Germany realized that its dependency on natural gas piped from Russia had endangered its energy security. It had no ports to bring in alternative energy sources needed to keep its factories running and homes warm. Three years on, it now has four. The most recent began operating in late May when a tanker called the Energy Endurance pulled in close to shore at the harbor town Wilhelmshaven and began unloading its cargo: liquefied natural gas from the Gulf Coast of the United States. Watching from a dike, where lambs and their mothers grazed on spring grass, was Marco Alverà, chief executive of TES, a green energy company in the Netherlands that helped construct the terminal, estimated to have cost 400 million euros, at the request of the German government, which now operates it. 'This is the icebreaker,' Mr. Alverà said. Mr. Alverà and his colleagues have been eyeing Wilhelmshaven for years and initially planned to focus on importing a cleaner form of fuel made with renewable hydrogen to help the country meet its target of reaching climate neutrality by 2045. Want all of The Times? Subscribe.
