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We are delighted that the Korean automotive technology company Handysoft, part of the Dasan group, has made a further noteworthy investment into Tantalum Corporation (“Tantalum”) . Further funding has also come in from our family office vehicle, Disruptive Capital, a long-standing investor in Tantalum.
Coming hot on the heels of the recognition by the UK government of our unique air.car solution to help curb CO2 and NOx emissions, the further investment will help develop Tantalum’s unique air.car “pay as you pollute” solution, which is attracting increasing attention as governments and local authorities from London to Singapore seek to battle rising air pollution. Tantalum received an Innovate UK grant to perfect its remote monitoring of NOx; and has had a numerous replies to its air.car competition for SmartCities worldwide to set up the world’s first real time emissions-based road user charging scheme. Tantalum aims to save lives, save drivers money and cost-effectively clean up SmartCities with its unique technology.
We are putting together a federation of strategic industry partners across the globe to roll out Tantalum’s unique suite of Connected Car services. Backing superb management, Disruptive is building up this innovative British company, which we are proud to own.”
Tantalum is the leading provider of Connected Car technology services, including insurance, crash detection, roadside assistance, parking and accident management. Tantalum’s end-to-end ecosystem of services is underpinned by a proprietary global billing and payment platform: Pay.Car. Security is paramount in all of Tantalum’s applications.
Tantalum was valued at $300 million in this last round, with the next round of partners’ investment expected to be closing shortly at a higher level.
Long Term Assets Limited ("Long Term Assets" or "LTA"), a Guernsey investment company, today announces its intention to admit its shares to trading ("ITF") on the Specialist Fund Segment of the Main Market of the London Stock Exchange. LTA will then launch a 12-month placing programme, aimed in particular at UK pension funds and other long-term savers. Read more.
Cyro Cyber has been created to address the dynamic and expanding cyber security requirements of Telent’s core markets across critical national infrastructure, telco service providers and other highly regulated sectors.
Pension Insurance Corporation Group Limited (“PICG” or the “Company”), ultimate parent company of Pension Insurance Corporation plc (“PIC”), the specialist insurer of defined benefit pension schemes, today announces its final results for the 12 months to 31 December 2021.
The Pension SuperFund (“PSF”) today announces the appointment of Michael Clark as its Chief Executive Officer (“CEO”). Michael joins PSF from Shell where he has been Global Head of Pensions, responsible for the governance and administration of all the Group’s pension arrangements.
Telent has announced that it has acquired the Harlequin Group, a specialist technology services company. Complementing Telent’s existing business operations, building telecom infrastructure for mobile network operators (MNO) and service providers, the acquisition significantly enhances its professional services capability in the site acquisition and design arena.
London, 4 October 2021 – Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension funds, has signed a £2.2 billion pension insurance buy-in with the Trustee of the Metal Box Pension Scheme...