Latest news with #GlobalFinals2024
Business Standard
24-06-2025
- Business
- Business Standard
TiE Rajasthan Makes History at TYE Global 2024: Team OOMI Wins $1500 and Becomes Only Indian Team in Global Top 3
PNN Jaipur (Rajasthan) [India], June 24: TiE Rajasthan proudly celebrates a milestone moment at the TiE Young Entrepreneurs (TYE) Global Finals 2024, with two student teams from Jaipur making a mark on the international stage. Team OOMI, from Jayshree Periwal Global School (JPGS), won the 2nd Runners-Up position globally, securing $1500 in prize money, along with special recognitions for Best Customer Validation and the Maker Faire Showcase. Notably, Team OOMI was the only Indian team to reach the Global Top 3, making this a moment of pride for both the chapter and the country. Adding to this success, Team Stubblet from Neerja Modi School achieved a breakthrough by entering the TYE Global Semi-Finals through a wild card entry -- a first-ever for TiE Rajasthan. This year also marks the first time in the chapter's history that two teams qualified to represent TiE Rajasthan at the Global Finals, highlighting the chapter's growing role in developing globally competitive student entrepreneurs. From among 29 international finalist teams, only six were shortlisted to pitch at the final stage. The presence and performance of both teams from TiE Rajasthan demonstrates the impact of focused mentorship and strong academic and community support. Their success reflects what is possible when young minds are empowered with the right guidance, exposure, and opportunity. A special thanks goes to GCEC, the Academic Catalyst for this season. We are also grateful to all the mentors who dedicated their time and expertise to guide all 15 participating teams through this enriching journey. Archana Surana, Lead - TYE Rajasthan, shared, "This year has been exceptional. From a wildcard entry to a global podium finish, our students have shown what can be achieved through consistent effort and the right support system." Nikhil Agrawal, Co-Lead - TYE Rajasthan, added, "Seeing both teams excel on the global stage is incredibly rewarding. It speaks to the strength of collaboration between mentors, schools, and the TiE network." Dr. Sheenu Jhawar, President - TiE Rajasthan, said, "These achievements reflect the growing spirit of entrepreneurship among India's youth. Our students have inspired us all with their creativity, courage, and ability to compete globally." TiE Rajasthan remains committed to nurturing young changemakers and providing them with platforms to learn, lead, and thrive -- from the classroom to the global stage.
Yahoo
06-03-2025
- Business
- Yahoo
Robot-on-Chip: Salutes Space is Redefining the Internet from a Space-Tech Lens
SALUTS Wins "Economics of The Future" Prize at the Entrepreneurship World Cup Pioneering a Smarter, More Sustainable Future with AI Solutions MUNICH, GERMANY / / March 6, 2025 / In a recent interview with ZEX PR WIRE, Salutes Space (SALUTS) shared insights into its groundbreaking vision for the future. We are now pleased to report that the company has been awarded the prestigious "Economics of The Future"prize at the Entrepreneurship World Cup (EWC) Global Finals 2024, recognizing its innovative contributions to the industry. Competing against 100 of the world's most promising startups from 52 countries, SALUTS stood out for its Robot-on-Chip technology, which is set to redefine AI-driven autonomy in space, defense, IoT, and critical infrastructure. A massive thank you to our partners, investors, and the entire community who have supported us on this journey. Together, we are shaping the future of AI-making it not only smarter but also more sustainable. 🔗 Read the official Entrepreneurship World Cup announcement: Global Entrepreneurship Network SALUTS: A New Identity for a Bold Vision As part of its global expansion, Salutes Space has officially rebranded as SALUTS - marking a new era of AI-driven autonomy in space and beyond. The transition to SALUTS ( reflects the company's broader mission to integrate AI into industries ranging from space and defense to IoT and critical infrastructure. SALUTS' Robot-on-Chip technology is already making an impact in the fast-growing autonomous space systems market, projected to reach $2.5 trillion by 2040. By enabling real-time, in-orbit data processing, Robot-on-Chip is redefining the future of AI-powered decision-making - reducing reliance on Earth-based processing, lowering costs, and increasing mission autonomy. "No matter how hard it becomes, keep moving onwards and upwards." - M. Sobhy Fouda, CEO of SALUTS EWC 2024: A Global Stage for Game-Changing Innovation The Entrepreneurship World Cup, co-hosted by the Global Entrepreneurship Network and Monsha'at (Saudi Arabia's SME Authority), is one of the world's largest and most prestigious startup competitions. Since its inception in 2019, the EWC has seen over 430,000 applicants from 200 countries, connecting founders to $4M in cash prizes and $266M in global support. From November 5-9, the EWC 100 startups battled it out in Riyadh, showcasing cutting-edge solutions across industries. SALUTS' Robot-on-Chip won the Economics of The Future award for its ability to transform space technology, enhance autonomous decision-making, and reduce reliance on Earth-based data processing. The Future of AI-Driven Operations Begins Now And recently, at #WebSummitQatar 2025, SALUTS is making another game-changing announcement: the launch of CHIRB (Computing on Hybrid Interplanetary Relay Basis) - a breakthrough in AI-driven operations that fuses Web2.0 and Web3.0 into a next-generation control portal for space, defense, and industrial AI applications. With CHIRB, we're disrupting how we think about connectivity, autonomy, and intelligence - not just on Earth, but across the entire space-tech ecosystem. 🔹 Web2.0 Portal - - Optimized for enterprises seeking a powerful AI operations hub. 🔹 Web3.0 DAO - - Decentralized infrastructure for the future of autonomous AI networking. The CHIRB Advantage: AI-First, Hardware-Free, and Limitless 🚀 Beyond Traditional Networks - CHIRB doesn't just connect devices-it enables autonomous AI-driven decision-making for space, defense, and industry. 🛰 Hardware-Agnostic & Scalable - While CHIRB powers our Robot-on-Chip tech, it can also integrate with customer hardware or function entirely as a software solution. 🌍 From Earth to Orbit - A hybrid AI control layer that brings real-time, autonomous mission management to satellites, defense systems, IoT networks, and industrial operations. 🔐 Decentralized & Secure - CHIRB is Web3-ready, ensuring next-gen security, efficiency, and adaptability for future-proof AI ecosystems. Revolutionizing the Internet with a Space-Tech Mindset SALUTS is not just innovating in space operations-we're challenging the very foundation of how AI-powered networks function. Imagine an Internet that isn't bound by terrestrial infrastructure - one that adapts, learns, and operates autonomously across satellites, defense networks, IoT, and industrial automation. That's the power of CHIRB. B2B Quotation Requests Open March 2025 SALUTS invites satellite operators, defense agencies, IoT leaders, and industrial tech companies to join our early B2B program. Starting March 2025, we will begin accepting B2B quotation requests for CHIRB. Be among the first to integrate AI-driven, hardware-free operations into your mission-critical workflows. A Special Journey Supporters Bayerisches Staatsministerium für Wirtschaft, Landesentwicklung und Energie | European Space Agency - ESA | ESA BIC Bavaria | EUSPA - EU Agency for the Space Programme | founders@unibw | Global Entrepreneurship Network | MonshaatSA | SME Bank | Misk Foundation | BibanGlobal The future is autonomous. The future is SALUTS. 🚀 Connect with Us Mobile: +49 173 3894760Email: hello@ PR Contact:ZEX PR WIREinfo@ SOURCE: SALUTS View the original press release on ACCESS Newswire
