Welcome to our dedicated page for Edge Total news (Ticker: UNFYF), a resource for investors and traders seeking the latest updates and insights on Edge Total stock.
Edge Total Intelligence Inc. reports news on its real-time digital twin and decision intelligence software for defense, enterprise, industrial, and mission-critical operations. Company updates often center on edgeCore™, a platform that unifies operational telemetry, workflows, analytics, AI, enterprise applications, and legacy systems into a real-time operational intelligence layer across on-premises, cloud, and hybrid environments.
Recurring developments include Oracle Cloud Infrastructure compatibility, contract renewals, defense maritime and aviation awards through the Australian business unit, and financial results tied to procurement cycles, liquidity, and capital-structure activity. News also covers completed technology acquisitions and licensing, expansion into maritime and industrial markets, and governance changes connected to leadership and capital markets readiness.
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.
Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announces the establishment of the first AI-Powered Digital Twin Pavilion at the Defense TechConnect Innovation Summit 2024 in Austin, TX. The company, along with partners Sabel Systems, PredictiveIQ, and Vidrovr, will showcase proven solutions and production-ready demonstrations in Booth #306. The pavilion focuses on key areas including contested logistics, smart cities, Army ground vehicle digital twin, operational energy, infrastructure risk management, cyber awareness, and advanced open-source intelligence. The event features multiple panels and sessions with industry experts discussing DOD and Navy Operational Energy Data, Digital Twin technologies, and AI adoption.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) announces the formation of its Industry Advisory Council (IAC) and appoints David Kris as its first advisor. The IAC will comprise 5-7 advisors working with CEO Jim Barrett to accelerate the deployment of edgeCore digital twin solutions. Kris, co-founder of Culper Partners , brings over 30 years of experience, including leadership of the Department of Justice's National Security Division and roles at Intellectual Ventures and Time Warner. The council aims to drive adoption of digital twins and safeguard AI solutions, focusing on enhancing situational awareness for commercial and government customers.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) held its Annual General and Special Meeting on November 22, 2024, where shareholders approved all proposed matters. The board of directors was set at seven members, with all incumbent directors re-elected. The company's amended Omnibus Share Incentive Plan was approved, including a '10% rolling' plan for stock options and an increase in the Fixed Plan's maximum shares for other awards from 5,483,500 to 7,010,767 shares. MNP LLP was re-appointed as auditors. Post-meeting, James Barrett was re-appointed as CEO, Sheri Rempel as CFO, and Nicholas Brigman as Corporate Secretary.
Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) has granted 300,000 stock options to a director and an officer under its Equity Incentive Plan. The options can be exercised at $0.99 per share over a five-year period, with one-third vesting immediately and the remaining two-thirds vesting annually. The options are subject to a four-month and one-day hold period in compliance with TSX Venture Exchange policies and Canadian securities laws.
EdgeTI (TSXV: CTRL, OTCQB: UNFYF) has been recognized as a Sample Vendor in the Digital Twin of a Customer (DToC) category in Gartner's Hype Cycle for Emerging Technologies, 2024. Digital Twin of a Customer technology creates virtual representations of customers to simulate and anticipate behavior patterns. The technology helps organizations enhance customer experience, support digitalization efforts, and drive transformation through better understanding of customer behavior. EdgeTI offers demonstrations and free evaluations of their DToC solution through their website.
Edge Total Intelligence (UNFYF) has been recognized in the Gartner® Hype Cycle™ for Manufacturing Operations Strategy, 2024 as a Sample Vendor in the Digital Twins category. The company's edgeCore™ platform provides digital twin software solutions that help manufacturers unite data across disciplines without requiring bespoke custom software. The technology is particularly useful in automated pharmacies that combine robotics, AI, and pharmacists for efficient prescription delivery. Digital twins are software-based models representing assets, people, processes, and organizations, embedding business process logic to optimize outcomes.