Welcome to our dedicated page for EDGE TTL INTLLGCE SUB VTG news (Ticker: UNFYF), a resource for investors and traders seeking the latest updates and insights on EDGE TTL INTLLGCE SUB VTG stock.
Edge Total Intelligence Inc. (UNFYF) is a leading provider of real-time digital operations software, edgeCore™, that creates Digital Twins, offering insights and management solutions to global enterprises, service providers, and governments. The company helps customers enhance their margins and agility by integrating software applications and data sources into a cohesive platform, enabling rapid transformation of systems and data across varying business and technological landscapes.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announced key leadership changes. Mel Wesley resigned as Director on January 7, 2025, and was subsequently appointed to the company's Industry Advisory Council (IAC). Brian Groody, Global Vice-President at Baker Hughes, was appointed as Director on January 9, 2025.
Wesley, who joined as independent Director in August 2023, brings 25 years of experience as CFO and Senior Executive, with expertise in CyberSecurity and high-tech exits involving NASDAQ-listed companies. He becomes the 5th member of the IAC.
Groody brings 28 years of industry experience, currently serving as Global Vice-President in Baker Hughes' Oilfield Services and Equipment segment. He received options to purchase 100,000 shares at CAD$0.60 per share, vesting over three years.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has appointed Michael Ostrom, Managing Director of TrailRunner International, to its Industry Advisory Council. This marks the second addition to what will become a team of 5-7 advisors working with CEO Jim Barrett, who leads Forbes Tech Council's Digital Twin Group.
Ostrom brings over 20 years of experience in strategic solutions for engineering, transportation, and technology industries. He holds multiple patents related to behavioral, demographic, and spatial data applications, including work on predictive traffic models and traffic light prediction systems. His expertise spans autonomous vehicles, electrification, and digital transformation.
The Industry Advisory Council aims to accelerate the deployment of edgeCore™ digital twin solutions, enhancing situational awareness for commercial and government customers. Ostrom, a Yale School of Management alumnus and former CEO/CIO, will focus on advancing capabilities in engineering, transportation, and technology sectors while introducing new customers.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFY) has announced several debt-related transactions. The company will convert US$673,813 of debt owed to CEO Jim Barrett into a subordinated secured convertible promissory note bearing 8% annual interest, maturing October 30, 2026, convertible at CAD$0.63 per share.
Additionally, EdgeTI amended its loan agreement with Salem Investment Partners IV, extending the maturity date from January 1, 2024 to September 30, 2026. The loan terms include an interest rate increase from 6% to 8% effective January 2025, and scheduled repayments of $400,000 upon signing and $600,000 by September 2025. The company also extended the maturity date of related party convertible promissory notes from January 20, 2026 to October 30, 2026.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has appointed Christopher Leichtweis to its Industry Advisory Council as its fourth advisor. Leichtweis, former CEO of North Wind Group and current CEO of AERO-B Motorsports and Applied, brings extensive experience in the Architecture, Engineering and Construction (AEC) sector. At North Wind Group, he achieved over 1000% organic growth and implemented EdgeTI's Digital Twin platform. Previously, he founded Safety and Ecology , growing it to a $105M worldwide business. As a former EdgeTI customer, Leichtweis joins existing advisors David Kris, Michael Ostrum, and Timothy Faulkner to drive Digital Twins adoption and safeguard AI solutions.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announces its potential to advance quantum computing through its digital twin platform integration. The announcement follows Google's recent blog post about their new quantum computing chip, Willow, which reportedly can perform computations in under five minutes that would take current supercomputers 10 septillion years. The company's edgeCore™ digital twin platform aims to enhance operational efficiency and enable real-time simulations and predictive analytics by leveraging quantum systems capabilities.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has been recognized in Gartner's Hype Cycle for Revenue and Sales Technology, 2024 as a Sample Vendor in the Digital Twin of a Customer (DToC) category. The company's edgeCore™ Digital Twin platform addresses the challenge of integrating scattered sales and customer data across multiple channels.
The platform creates dynamic virtual representations of customers that can simulate, emulate, and anticipate behavior. This technology helps organizations monitor and orchestrate connections between buyers and sellers throughout customer lifecycles, solving data silo issues across digital and physical channels. The company offers demonstrations and free evaluations of their Digital Twins solution through their website.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has been recognized as a Representative Vendor in the 2024 Gartner® Market Guide for Digital Twin of an Organization Platforms. The company was identified for its focus on operational excellence, manufacturing/supply chain, and business performance management use cases.
The company's edgeCore™ platform features data mesh and data fabric capabilities with in-memory storage, allowing direct writing to authoritative sources without requiring additional database licensing. This approach reduces development costs and enhances data security for enterprises. The platform also enables integration of existing applications at the UI level without code modifications.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) has appointed Tim Faulkner, CEO of Faulkner Consulting and Analytics, to its Industry Advisory Council (IAC). The council, comprising 5-7 advisors, aims to drive Digital Twins adoption and safeguard AI solutions. Faulkner brings over 20 years of experience in innovation for the U.S. Department of Defense.
As the architect of the Army's only innovation incubator, Faulkner evaluated 60+ capability nominations, approved 37 technologies, and enabled 21 operational demonstrations, resulting in over $200 million in new capabilities. A notable achievement includes creating an $800 million Joint Data Exploitation Facility. He has collaborated with organizations like Los Alamos Labs, Amazon, SpaceX, and Purdue University.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) has expanded its partnership with Vation Ventures through a 12-month Channels-as-a-Service agreement to accelerate channel and customer growth across North America. The service includes a Discovery Workshop, Channel Builder, Technology Marketing Consulting, Channel Marketing Assessment, and New Channel and Customer Introductions.
The program, designed to address growth objectives discussed in the October 26th, 2024 Corporate Update, features quarterly and annual measurable outcomes tailored to edgeTI's capacity. The partnership aims to enhance coverage and manage growing demand for Digital Twins through the edgeCore™ platform, particularly focusing on data use and provenance for safe AI adoption.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) has appointed Michael Ostrom as the second advisor to its Industry Advisory Council (IAC), which will comprise 5-7 advisors working with CEO Jim Barrett. Ostrom, currently Chief Strategy Officer at TrailRunner International, brings over two decades of experience in engineering, transportation, and technology industries. He holds multiple patents in behavioral, demographic, and spatial data applications.
The IAC aims to accelerate the deployment of edgeCore™ digital twin solutions across commercial and government customers. Ostrom's expertise in autonomous vehicles, electrification, and digital transformation, including his work on the first nationwide predictive traffic model, will support EdgeTI's mission to enable and safeguard AI adoption through digital twin technology.
FAQ
What is the current stock price of EDGE TTL INTLLGCE SUB VTG (UNFYF)?
What is the market cap of EDGE TTL INTLLGCE SUB VTG (UNFYF)?
What does Edge Total Intelligence Inc. specialize in?
How does edgeCore™ benefit customers?
Who can benefit from edgeTI's solutions?
What is the main goal of edgeTI?
What sets Edge Total Intelligence Inc. apart?
