Strategic Investor ups stake in Tantalum
We exploit dislocations in markets and unlock value from complex situations using a Get Rich and Stay Rich strategy. This strategy has given rise to returns over 23 years of 28% p.a. Net IRR
We exploit dislocations in markets and unlock value from complex situations using a Get Rich and Stay Rich strategy. This strategy has given rise to returns over 23 years of 28% p.a. Net IRR
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.
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A £175 million communications network connecting 163 remote radio sites across 11,000 miles of UK coastline is now operational ensuring His Majesty’s (HM) Coastguard’s effective frontline emergency response continues for thousands of distress calls from the UK’s waters.
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LS EcoEnergy (CEO Lee Sang-ho) announced on the 12th that the company has entered into negotiations to secure the land for a submarine cable project in the UK.
LS EcoEnergy is actively engaged in negotiations toleaseland atthe Port of Tyne in the northeast. The size of the project site, including the port, is approximately154,711㎡.LS EcoEnergy plans to conclude negotiations ‒ including land lease conditions ‒ within the year.
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12/06/2024
More than 30,000 students and staff at the University of Bristol will soon have access to a new and improved Wi-Fi experience thanks to a major new wireless network project that will be delivered by Telent. It will be one of the largest education networks outside of North America, with the capacity to support over 300,000 devices.
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04/06/2024
As part of Telent’s Environment and Sustainability vision, Telent’s dedicated Green Solutions team have been exploring and developing a range of innovative Green Solutions to benefit the environment, customers and it’s supply chain to improve sustainability and reduce its carbon footprint.
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29/05/2024
PIC, a specialist insurer of defined benefit pension schemes, has concluded a £204 million full buy-in of the Arqiva Defined Benefit Pension Plan (“the Plan”). The transaction secures the pensions of both deferred and pensioner members of the Plan, which is sponsored by Arqiva Limited (“the Company”), a British telecommunications company, comprising 589 current pensioners and dependents and 215 deferred members.
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27/05/2024
Multiple updates announced from Global Interconnection Group Limited, including:
Global InterConnection Group negotiations to build HVDC cable factory at Port of Tyne
In Joint Venture with one of the subsidiaries of LS Group, Korea
Global InterConnection Group to appoint new CEO
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