GlobeNewswire

Aker and REV Ocean Pledge USD 11 million to Technology Initiatives for a Healthy Ocean

Share

Oslo, 23 October 2019 – The Aker Group, REV Ocean and The Resource Group (TRG) today announced a joint pledge of USD 11 million to three initiatives dedicated to developing disruptive technology solutions for a healthy and productive ocean.

 “Throughout its 180-year history, the Aker group has been a driving force in the development of knowledge-based industry related to ocean resources. All our industrial activities are part of the ocean economy,” said Aker President and CEO Øyvind Eriksen.

“Today, our ocean is at risk and changes are needed. I strongly believe that solutions for the ocean are developed more robustly and swiftly if businesses like Aker join forces with governments, NGOs and other stakeholders. A healthier ocean is a shared interest,” he said.

The USD 11 million pledge will go towards three initiatives, covering costs for the next three years.  The initiatives include the Centre for the Fourth Industrial Revolution (C4IR) in Norway, which will receive USD 6 million, the Ocean Data Platform receiving USD 3 million, and the Plastic REVolution which is being granted USD 2 million. The initiatives will contribute towards preserving and sustainably using the ocean and marine resources through strong private sector engagement and technology drivers.

“We will create disruptive technology solutions for Our Ocean, starting with gathering and sharing facts. The Ocean Data Platform, launched yesterday, will gather and liberate data, enabling solutions and people – for one healthy ocean. Secondly, we will unite the right people. In the technology centre for the Ocean, we invite public and private partners to create collaborative solutions for the environment. And lastly, we translate ideas into action, through initiatives such as the  Plastic REVolution Foundation, which was created to develop commercially viable and scalable solutions to fight plastic pollution,” said Nina Jensen, CEO of REV Ocean.

About the three initiatives:

The Affiliated Centre for the Fourth Industrial Revolution in Norway (C4IR Norway) is being developed by the Aker Group and TRG’s philanthropic initiatives. Focusing on the ocean health and wealth, it will be the only center in the World Economic Forum’s C4IR Network that is dedicated to the environment. The Centre will cooperate with the business community, research institutions, and in close dialogue with the Government of Norway, the High-Level Panel for a Sustainable Ocean Economy and others to design and pilot technology solutions and innovative policy frameworks. The center, which will be a non-profit foundation, aims to take a global leadership role in environmental innovation for the ocean leveraging on emerging 4IR technologies.

The Ocean Data Platform (ODP) is being developed by the Ocean Data Foundation, a philanthropic initiative by Kjell Inge Røkke, in close cooperation with REV Ocean. The ODP aims to liberate ocean data and connect people, data and technology to drive an ocean sustainability movement. The platform enables the entire ocean community such as academia, business and ocean policy /management to collaborate and share data for one healthy ocean by offering digital tools and services with easy access to data, immersive visualisation, and Artificial Intelligence (AI) tools.

The Plastic REVolution Foundation is a philanthropic entity founded by Kjell Inge Røkke. It works closely with REV Ocean. It is created to develop commercially viable and scalable solutions to fight plastic pollution. The Foundation’s initial project is a plastic-to-liquid chemical recycling plant in Accra, Ghana, coupled with plastic waste collection systems.

-Ends-

For further information, please contact:

Aker group:
Atle Kigen, Head of Communications
atle.kigen@akerasa.com
Tel: +47 907 84 878

REV Ocean:
Lawrence Hislop, Communications Manager
lawrence.hislop@recocean.org
Tel: + +47 48 50 05 14

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Result of Riksbank reversed auctions SEK bonds14.11.2019 10:07:00 CETPress release

Auction date 2019-11-14 Loan 1054 Coupon 3.50 % ISIN-code SE0003784461 Maturity 2022-06-01 Tendered volume, SEK mln 500 +/- 250 Volume offered, SEK mln 1,750 Volume bought, SEK mln 500 Number of bids 4 Number of accepted bids 1 Average yield -0.392 % Lowest accepted yield -0.392 % Highest yield -0.392 % % accepted at lowest yield 100.00 Auction date 2019-11-14 Loan 1061 Coupon 0.75 % ISIN-code SE0011281922 Maturity 2029-11-12 Tendered volume, SEK mln 500 +/- 250 Volume offered, SEK mln 1,400 Volume bought, SEK mln 500 Number of bids 5 Number of accepted bids 2 Average yield -0.017 % Lowest accepted yield -0.017 % Highest yield -0.012 % % accepted at lowest yield 90.00

Cortus Energy presenterar på Mangold Insights Investerardag fredag 15 november14.11.2019 09:29:00 CETPress release

Cortus kommer imorgon fredag 15 november att delta på Mangold Insights Investerardag och presentera bolaget. Investerardagen hålls på Scandic Anglais i Stockholm mellan 11.45 och 17.30. För mer information och anmälan besök www.mangold.se/investerardag . Presentation av Cortus kommer att hållas av vice VD och Cortus grundare, Rolf Ljunggren, mellan kl 13.30 och 14.00. Hela dagens presentationer kommer att livesändas på https://insight.mangold.se. För mer information, kontakta: Håkan Sigfridsson, VD Cortus Energy (publ), telefon 08-588 866 30, www.cortusenergy.se Om Cortus Energy Cortus Energy (Publ) utvecklar och marknadsför den unika WoodRoll®-tekniken vilken förgasar biomassa på ett nytt innovativt sätt som resulterar i en rad unika fördelar gentemot all annan befintlig förgasningsteknik. Med den patenterade WoodRoll®-tekniken kan Cortus Energy erbjuda gröna energilösningar för kraft-, industri- och transporttillämpningar. WoodRoll® har stor bränsleflexibilitet, vilket innebär att pr

TDC: Interim Financial Report Q3 201914.11.2019 09:00:00 CETPress release

Highlights Reported revenue declined by 2.8% in Q3 and organic revenue declined by 2.4% YTD. This decline was mainly driven by terminal sales, legacy drag from landline voice and continued pressure on TV Reported EBITDA declined by 0.1%, and when adjusted for new lease accounting principles (IFRS 16) EBITDA decreased by 6.4%. This decline was driven primarily by costs related to the separation of TDC as well as investments in the new strategy. Organic1 EBITDA declined by 3.6% in Q3 and 3.0% YTD in line with our expectations Mobility services showed a continued solid performance in Q3 with YoY organic gross profit growth of 2.8% driven by higher ARPU in Consumer as well as Business’ increased customer base YoY TV gross profit decline of 12.8% in Q3 YoY driven by lower GP margin due to inclusion of SVoD services in TV packages, higher content supplier costs and build-up of own content. Loss of 19k Consumer TV customers vs Q2 2019. In Q3, Nuuday entered three new strategic TV partnerships

DKT Holdings ApS: Interim Financial Report Q3 201914.11.2019 09:00:00 CETPress release

Highlights Reported revenue declined by 2.8% in Q3 and organic revenue declined by 2.4% YTD. This decline was mainly driven by terminal sales, legacy drag from landline voice and continued pressure on TV Reported EBITDA declined by 0.1%, and when adjusted for new lease accounting principles (IFRS 16) EBITDA decreased by 6.4%. This decline was driven primarily by costs related to the separation of TDC as well as investments in the new strategy. Organic1 EBITDA declined by 3.6% in Q3 and 3.0% YTD in line with our expectations Mobility services showed a continued solid performance in Q3 with YoY organic gross profit growth of 2.8% driven by higher ARPU in Consumer as well as Business’ increased customer base YoY TV gross profit decline of 12.8% in Q3 YoY driven by lower GP margin due to inclusion of SVoD services in TV packages, higher content supplier costs and build-up of own content. Loss of 19k Consumer TV customers vs Q2 2019. In Q3, Nuuday entered three new strategic TV partnerships

Active Biotech Interim report January – September 201914.11.2019 08:30:00 CETPress release

Third quarter in brief A new business plan for laquinimod and tasquinimod, based on the extensive preclinical and clinical data previously generated, is in progress Data on laquinimod from the Phase 2 LEGATO-HD study in Huntington’s disease was presented at the International congress of Parkinson’s disease and movement disorders Events after the end of the period The first patient in the Phase 1b trial of naptumomab estafenatox in combination with durvalumab in solid tumors has been dosed Preclinical data on naptumomab estafenatox was presented at the Society for Immunotherapy of Cancer’s 34th Annual Meeting Financial summary MSEK Jul-Sep Jan-Sep Full-Year 2019 2018 2019 2018 2018 Net sales 0,9 4,7 7,5 15,2 20,1 Operating loss -9,3 -6,9 -21,1 -22,8 -29,8 Loss after tax -9,3 -8,7 -22,9 -28,0 -36,9 Earnings per share (SEK) -0,06 -0,06 -0,16 -0,21 -0,27 Cash and cash equivalents (at close of period) 69,9 36,0 25,6 For further information, please contact: Helén Tuvesson, CEO Tel: +46 (0)46

Active Biotech Delårsrapport januari – september 2019  14.11.2019 08:30:00 CETPressemelding

Väsentliga händelser under kvartal 3 Framtagande av en ny affärsplan för laquinimod och tasquinimod, baserad på de omfattande tidigare framtagna prekliniska och kliniska data, pågår Data från fas 2-studien LEGATO-HD med laquinimod i Huntingtons sjukdom presenterades på den internationella kongressen Parkinson’s disease and movement disorders Händelser efter periodens utgång Första patienten har doserats i fas 1b-studien av naptumomab estafenatox i kombination med durvalumab i solida tumörer Prekliniska data för naptumomab estafenatox presenterades vid Society for Immunotherapy of Cancer’s 34th Annual Meeting Ekonomisk översikt MSEK Q3 Q1-Q3 Helår 2019 2018 2019 2018 2018 Nettoomsättning 0,9 4,7 7,5 15,2 20,1 Rörelseresultat -9,3 -6,9 -21,1 -22,8 -29,8 Resultat efter skatt -9,3 -8,7 -22,9 -28,0 -36,9 Resultat per aktie (SEK) -0,06 -0,06 -0,16 -0,21 -0,27 Likvida medel (vid periodens slut) 69,9 36,0 25,6 För ytterligare information, vänligen kontakta: Helén Tuvesson, VD Tfn 046-19 21 56