Aquis Stock Exchange Weekly Highlights 15/03/24

SulNOx Group PLC announced that Seanergy Maritime Holdings Corporation, the Greek-based dry bulk shipping group, has agreed to pilot SulNOxEcoTM Fuel Conditioner. The pilot highlights Seanergy's stated mission to reduce shipping emissions cost-effectively through advanced technical and operational measures. Seanergy's operating fleet consists of 17 vessels and recently released an ESG report outlining the Company's strategy and commitments and reflect Seanergy's performance using sustainability-related Key Performance Indicators. SulNOx says it has made very significant progress in recent shipping trials showing c. 5%+ consumption reductions with other operators piloting SulNOxEcoTM fuel conditioner. The Greek group Spring Marine is also looking to adopt SulNOx products in its fleet to reduce fuel consumption and cut emissions. Marfin Management has expanded its trial after initial tests cut bunker consumption by more than 6% and its CEO has since joined the board of SulNOx. Read more…

Substrate Artificial Intelligence announced that the Company has completed the acquisition of an additional 21% of the share capital of both BINIT, S.R.L. and DELTANOVA, S.A., the parent companies of the BINIT Group. In November 2023, the Company announced that it had acquired 70% of these companies for a total consideration of €6,000,000. The BINIT Group comprises a group of companies dedicated to software development consulting in Spain, the UK and Latin America with more than 100 employees in these markets and a client portfolio that includes firms such as John Deere, Holcim and Charles Taylor. The companies of the BINIT Group are integrated into the generative artificial intelligence subsidiary Subgen AI and complement the strengths and capabilities of the Substrate AI Group as a provider of generative artificial intelligence services. Read more…

Vinanz Limited announced that it has acquired the first ten units of S21 Bitmain Antminer 200 Terahash miners to start upgrading the processing power of Vinanz's North American bitcoin mining fleet in preparation for the upcoming bitcoin halving event estimated to occur around the 20th of April 2024. The S21miners have been ordered from the Company’s preferred Bitcoin miner providers, Luxor. They are expected to take about two to three weeks to arrive in North America and are due to be installed in Canada where the Company has contracted electricity prices at sub US$0.06 per kilowatt hour. Read more…

Aquis Exchange PLC announced further details on two new technology contracts including the creation of a new Real Assets Market Segment with Martley Capital and a contract to provide the central bank of Colombia with a national bond market. Read more…