Qorium Becomes Reyva as Cultivated Leather Company Moves Towards Commercial Scale

 New identity signals the company’s evolution into a standalone material brand for luxury and automotive markets

Reyva develops real leather by cultivating bovine collagen from a small sample of animal cells.

The new brand brings together advanced biotechnology, leather expertise and a clearer luxury proposition.

The company’s team, technology, partnerships and commercial ambition continue under the new name.

 

(BUSINESS WIRE) -- Qorium, the company that develops cultivated real leather, today announces that it is becoming Reyva. The new name and identity mark its next stage: moving from a pioneering technology business towards a global material brand built for the exacting standards of the luxury leather sector.

Reyva grows collagen directly from animal cells and cultivates it through a proprietary process to create uniform sheets. The resulting material is then tanned to become real leather, made from the same natural material that gives conventional leather its strength, breathability and durability. It does so without the necessity of raising or slaughtering animals, and with dramatically reduced waste, water and energy demands compared with traditional leather production. Reyva’s process is designed to give brands greater control over thickness, structure, quality and traceability, while eliminating the variability and waste associated with animal hides.

The relaunch gives the company a more distinctive platform for commercial growth while preserving what sits at its core: advanced tissue engineering, deep leather knowledge and a commitment to creating a premium material that can work with established tanning, finishing and manufacturing processes.

The name Reyva brings together “RE,” inspired by reinventing leather, and “VA,” expressing forward movement. It also echoes rey, the Spanish word for “king,” offering a subtle nod to luxury. Reyva is pronounced RAY-vuh, with the emphasis on the first syllable “ray,” as in a ray of light.

“Reyva reflects the company we have become: ambitious, design-led and ready to stand alongside the world’s leading material brands,” said Michael Newton, CEO of Reyva. “Our science gives us a fundamentally new way to make real leather. Our next chapter is about turning that capability into a material that designers and manufacturers choose for its beauty, consistency and performance, as well as its sustainability credentials.”

Reyva’s platform begins with a small, painless biopsy. Selected cells are banked and multiplied before being cultivated in proprietary tissue bioreactors, where they form collagen sheets. These sheets are then tanned and finished using leather-industry craftsmanship and expertise. The material can be cut, stitched, embossed, tanned and finished, and can be engineered to meet the requirements of different applications.

The company is industrialising its process at the Brightlands Maastricht Health Campus in the Netherlands. It is working with selected partners in automotive and luxury fashion as it progresses from development to commercial volumes. Initial availability will be limited, with capacity increasing as the company scales.

“Leather is an extraordinary natural material, but its conventional production begins with the limits and variability of an animal hide,” said Dr Mark Post, co-founder and Chief Science Officer of Reyva. “By cultivating collagen in a controlled environment, we can preserve the qualities people value in leather while introducing a new level of precision, consistency and resource efficiency.”

An independent life-cycle assessment by CE Delft projects that Reyva’s cultivated leather could achieve an 87% lower carbon footprint than conventional cow-derived leather at full-scale production in 2029 using renewable electricity. The assessment calculated 10.5 kg CO₂-equivalent per square metre at the tannery gate, including finishing, compared with a benchmark of 77–83 kg CO₂-equivalent per square metre for conventional French calf leather. Reyva will continue to update its assessment as the process scales and primary data becomes available.

Reyva was founded by tissue-engineering pioneer Dr Mark Post, leather-industry expert Rutger Ploem who comes from a family of tanners spanning six generations, and sustainability entrepreneur Stef Kranendijk. The company is led by CEO Michael Newton and has raised €30 million to date, including a €22 million Series A announced in November 2025.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20261102661351/en/

Permalink

https://www.aetoswire.com/en/news/0211202658697

Contacts

sarah@stbailey.com / +447402320448

 

Uptime Institute et le ministère indonésien des Communications et des Affaires numériques (KOMDIGI) signent une lettre d’intention (LOI) visant à soutenir la politique, la gouvernance et le développement du secteur des centres de données

JAKARTA, Indonésie - mardi, 03. novembre 2026

(BUSINESS WIRE)-- Uptime Institute, l’autorité mondiale en matière d’infrastructures numériques, et le ministère des Communications et des Affaires numériques (KOMDIGI) ont annoncé aujourd’hui la signature d’une lettre d’intention (LOI) visant à explorer les possibilités de collaboration afin de renforcer l’écosystème des centres de données en Indonésie à travers l’élaboration de politiques, la mise en place de cadres de gouvernance, l’excellence opérationnelle, la sécurité, la durabilité et le développement des compétences de la main-d’œuvre.

Cette lettre d’intention reflète un intérêt commun pour l’étude des meilleures pratiques internationales susceptibles de soutenir le développement d’une infrastructure numérique fiable, sécurisée, efficace et durable, en adéquation avec les priorités nationales et le cadre réglementaire de l’Indonésie.

La lettre d’intention a été signée par Mustapha Louni, directeur commercial de l’Uptime Institute, et Wayan Toni Supriyanto, directeur général de l’infrastructure numérique au ministère indonésien des Communications et du Numérique, lors d’une cérémonie qui s’est tenue à Jakarta. Cette collaboration portera sur plusieurs domaines stratégiques, notamment les politiques et les cadres réglementaires relatifs aux centres de données, les meilleures pratiques mondiales et les normes applicables, la fiabilité et la sécurité opérationnelles, l’énergie et la durabilité, ainsi que les initiatives d’éducation et de formation visant à renforcer les capacités du secteur et le développement des ressources humaines.

« La croissance continue de l’économie numérique et les progrès rapides de l’intelligence artificielle entraînent une demande croissante en infrastructures de centres de données dans toute l’Indonésie », déclare Wayan Toni Supriyanto, directeur général des infrastructures numériques au sein de Komdigi. « À mesure que le secteur se développe, il est important que le développement des centres de données s’appuie sur des politiques et des cadres de gouvernance garantissant la fiabilité des services tout en renforçant la compétitivité de notre industrie nationale. Les meilleures pratiques internationales peuvent apporter des enseignements précieux, mais elles doivent être soigneusement évaluées et adaptées à l’environnement réglementaire indonésien, aux besoins du secteur et aux priorités nationales. Le rôle du gouvernement dans la définition de l’orientation politique et des normes nationales reste primordial. »

« L’Indonésie est l’un des marchés d’infrastructures numériques les plus dynamiques de la région, et sa croissance rapide offre une opportunité majeure de jeter des bases solides pour les décennies à venir », déclare Mustapha Louni, directeur commercial d’Uptime Institute. « Grâce à cette lettre d’intention, nous sommes impatients de partager notre expérience mondiale et les meilleures pratiques du secteur afin d’alimenter les discussions sur la politique relative aux centres de données, la gouvernance, les normes de performance et le développement des compétences. Alors que l’IA redéfinit la demande en matière de puissance de calcul, d’alimentation électrique et de refroidissement, la collaboration et l’échange de connaissances seront essentiels pour bâtir une infrastructure numérique pérenne et adaptée à l’IA. Ensemble, nous pouvons contribuer à accélérer la mise en place d’un écosystème résilient, disponible, sécurisé et durable qui réponde aux besoins actuels de l’Indonésie et s’adapte à ses ambitions futures. »

Parallèlement à la signature, Uptime Institute a animé un atelier de trois jours axé sur la politique relative aux centres de données, la gouvernance et les cadres réglementaires. S’appuyant sur les connaissances et l’expérience des experts internationaux d’Uptime Institute, cet atelier a servi de plateforme de dialogue et d’échange de connaissances entre les représentants du gouvernement et les acteurs du secteur. Les participants ont exploré les perspectives internationales, les pratiques émergentes du secteur et les éléments à prendre en compte pour soutenir le développement d’un écosystème d’infrastructures numériques fiable, sécurisé, efficace et durable, en adéquation avec les priorités nationales de l’Indonésie.

La lettre d’intention s’inscrit dans le prolongement du dialogue en cours entre la Direction de la Komdigi et l’Uptime Institute et reflète un engagement mutuel en faveur d’initiatives qui soutiennent la fiabilité des infrastructures, l’excellence opérationnelle, la durabilité et le renforcement des capacités nationales.

Uptime Institute se réjouit de poursuivre son engagement aux côtés de la Komdigi afin de soutenir le développement de l’écosystème des infrastructures numériques de l’Indonésie et de contribuer aux objectifs à long terme du pays en matière de transformation numérique.

À propos d’Uptime Institute

Uptime Institute est l’autorité mondiale de l’infrastructure numérique. Depuis plus de 30 ans, l’entreprise établit des références de pointe en matière de performances, de résilience, de durabilité et d’efficacité des centres de données. Ces références garantissent aux clients que leur infrastructure numérique fonctionnera de manière cohérente avec leurs besoins métier, quelles que soient les conditions d’exploitation. Avec plus de 4 300 certifications délivrées à l’échelle mondiale et plus de 1 400 projets en cours dans plus de 120 pays, Uptime a aidé des dizaines de milliers d’entreprises à optimiser leurs actifs informatiques critiques tout en gérant leurs coûts, leurs ressources et leur efficacité.

La norme Tier de l’organisation est la norme mondiale la plus fiable et la plus adoptée du secteur informatique en matière de conception, de construction et d’exploitation des centres de données. Ses principales offres comprennent les certifications Tier, les audits de gestion et d’exploitation, le conseil en infrastructure d’IA, les évaluations des risques liés aux centres de données, les évaluations énergétiques et de durabilité, les évaluations et notations en matière de cybersécurité, ainsi que les services de conseil informatique.

Les programmes de formation d’Uptime ont été suivis par plus de 100 000 professionnels des centres de données, faisant d’Uptime le partenaire de choix en matière d’apprentissage et de développement à l’échelle mondiale. Son offre combinée couvre toutes les étapes d’une carrière dans le domaine des infrastructures numériques, des débutants et apprentis jusqu’aux masters de deuxième cycle en Data Center Leadership destinés aux professionnels expérimentés et chevronnés. La disponibilité, la résilience, la durabilité, la sécurité et la valeur commerciale de cette infrastructure critique dépendent encore très largement du personnel qui l’exploite, c’est-à-dire des compétences, de la formation et du niveau d’éducation de chaque membre de l’équipe.

Uptime Institute a son siège social à New York, dans l’État de New York, et dispose de bureaux à Londres, São Paulo, Dubaï, Riyad, Singapour et Madrid, ainsi que de professionnels Uptime à temps plein basés dans plus de trente-quatre pays à travers le monde.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20261101459265/fr/

Permalink
https://www.aetoswire.com/fr/news/0311202658717

Contacts

Contact médias :
Uptime Institute
Brenda South bsouth@uptimeinstitue.com

Uptime Institute and Indonesia Ministry of Communication and Digital Affairs (KOMDIGI) Sign Letter of Intent (LOI) to Support Data Center Policy, Governance, and Industry Development

JAKARTA, Indonesia - Monday, 02. November 2026

(BUSINESS WIRE) -- Uptime Institute, the Global Digital Infrastructure Authority, and the Ministry of Communication and Digital Affairs (Komdigi) today announced the signing of a Letter of Intent (LOI) to explore collaboration aimed at strengthening Indonesia's data center ecosystem through policy development, governance frameworks, operational excellence, security, sustainability, and workforce capability development.

The Letter of Intent reflects a shared interest in exploring international best practices that may support the development of reliable, secure, efficient, and sustainable digital infrastructure aligned with Indonesia's national priorities and regulatory framework.

The LOI was signed by Mustapha Louni, Chief Business Officer, Uptime Institute, and Wayan Toni Supriyanto, Director General of Digital Infrastructure, Indonesia's Ministry of Communication and Digital, during a ceremony held in Jakarta. The collaboration will examine several strategic areas, including data center policies and regulatory frameworks, global best practice and applicable standards, operational reliability and security, energy and sustainability, and education and training initiatives to strengthen industry capabilities and human resource development.

"The continued growth of the digital economy and the rapid advancement of artificial intelligence are driving increased demand for data center infrastructure across Indonesia," said Wayan Toni Supriyanto, Director General of Digital Infrastructure at Komdigi. "As the sector expands, it is important that data center development is supported by policies and governance frameworks that ensure service reliability while strengthening the competitiveness of our national industry. International best practices can provide valuable insights, but they must be carefully evaluated and adapted to Indonesia's regulatory environment, industry needs, and national priorities. The government's role in determining policy direction and national standards remains paramount."

“Indonesia is one of the region’s most dynamic digital infrastructure markets, and its rapid growth creates a significant opportunity to build strong foundations for the decades ahead,” said Mustapha Louni, Chief Business Officer at Uptime Institute. “Through this Letter of Intent, we look forward to sharing our global experience and industry best practices to inform discussions on data center policy, governance, performance standards, and workforce development. As AI reshapes demand for compute, power, and cooling, collaboration and knowledge exchange will be essential to building AI-enabled, future-proofed digital infrastructure. Together, we can help accelerate a Resilient, Available, Secure, and Sustainable ecosystem that meets Indonesia’s needs today and scales with its ambitions tomorrow.”

Alongside the signing, Uptime Institute led a three-day workshop focused on data center policy, governance, and regulatory frameworks. Leveraging the knowledge and experience of Uptime Institute’s global experts, the workshop served as a platform for dialogue and knowledge exchange between government representatives and industry stakeholders. Participants explored international perspectives, emerging industry practices, and considerations for supporting the development of a reliable, secure, efficient, and sustainable digital infrastructure ecosystem aligned with Indonesia’s national priorities.

The Letter of Intent builds upon ongoing dialogue between the Directorate of the Komdigi and Uptime Institute and reflects a mutual commitment to initiatives that support infrastructure reliability, operational excellence, sustainability, and national capacity building.

Uptime Institute looks forward to continuing its engagement with Komdigi to support the development of Indonesia's digital infrastructure ecosystem and contribute to the country's long-term digital transformation objectives.

About Uptime Institute

Uptime Institute is the Global Digital Infrastructure Authority. For over 30 years, the company has established industry-leading benchmarks for data center performance, resilience, sustainability, and efficiency. These benchmarks assure customers that their digital infrastructure will perform consistently with their business needs under any operating conditions. With more than 4,300 awards issued globally and over 1,400 active projects in 120 + countries, Uptime has helped tens of thousands of companies optimize critical IT assets while managing costs, resources, and efficiency.

The organization’s Tier Standard is the IT industry’s most trusted and adopted global standard for data center design, construction, and operations. Core offerings include Tier Certifications, Management & Operations reviews, AI Infrastructure Advisory, Data Center Risk Assessments, Energy & Sustainability Assessments, Cybersecurity Assessments & Ratings, and IT Advisory Services.

Uptime Education programs have been completed by more than 100,000 data center professionals, establishing Uptime as the Learning & Development partner of choice worldwide. The combined offering spans every stage of a digital infrastructure career — from entry-level staff and apprentices through to post-graduate MA degrees in Data Center Leadership for experienced, long-serving professionals. The availability, resiliency, sustainability, security, and business value of this critical infrastructure still depend overwhelmingly on the workforce that operates it — on the skill, training, and education of every individual team member.

Uptime Institute is headquartered in New York, NY, with offices in London, Sao Paulo, Dubai, Riyadh, Singapore and Madrid, and full-time Uptime professionals based in over thirty-four countries around the world.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20261101628182/en/

Permalink
https://www.aetoswire.com/en/news/0211202658689

Contacts

Media Contact:
Uptime Institute
Brenda South bsouth@uptimeinstitue.com

Uptime Institute signe un protocole d’accord (MOU) avec l’Association indonésienne des fournisseurs de centres de données (IDPRO) afin de faire progresser le secteur des centres de données en Indonésie

Jakarta, Indonésie - mardi, 03. novembre 2026 

(BUSINESS WIRE)-- Uptime Institute, l’autorité mondiale en matière d’infrastructures numériques, a annoncé aujourd’hui la signature d’un protocole d’accord (MOU) avec l’Association indonésienne des fournisseurs de centres de données (IDPRO) afin de soutenir le développement d’un secteur des centres de données fiable, durable et compétitif à l’échelle mondiale en Indonésie. L’IDPRO est l’association professionnelle officielle représentant les fournisseurs de centres de données et les entreprises d’infrastructure numérique en Indonésie.

L’objectif de cet accord de collaboration entre les deux organisations est de promouvoir les normes internationales et les meilleures pratiques en Indonésie tout au long du cycle de vie des centres de données, de renforcer la disponibilité des infrastructures et la résilience opérationnelle, de favoriser l’efficacité des ressources et la durabilité, et de soutenir le développement d’une main-d’œuvre qualifiée dans le secteur. Ces priorités contribueront à rehausser les normes du secteur et à renforcer la position de l’Indonésie dans le paysage mondial des infrastructures numériques.

En combinant l’expertise mondiale d’Uptime Institute en matière de performance, de résilience et de durabilité des infrastructures numériques avec l’engagement profond d’IDPRO au sein de l’écosystème des centres de données indonésiens, ce partenariat favorisera un échange accru de connaissances, la collaboration au sein du secteur et l’adoption de bonnes pratiques reconnues à l’échelle mondiale.

« Les infrastructures numériques jouent un rôle fondamental dans la croissance économique et l’innovation », déclare Mustapha Louni, directeur commercial d’Uptime Institute. « Notre collaboration avec IDPRO reflète un engagement commun à promouvoir les meilleures pratiques internationales et à soutenir l’évolution continue du secteur des centres de données en Indonésie. En alliant une expertise mondiale à un engagement local auprès du secteur, nous espérons apporter des connaissances et une expérience qui contribueront à renforcer ce secteur pour l’avenir. »

Le protocole d’accord a été signé par Mustapha Louni, directeur commercial d’Uptime Institute, et Hendra Suryakusuma, président d’IDPRO. La signature s’est déroulée en présence de Patrick Chan, directeur général pour l’Asie du Sud chez Uptime Institute, et de Michael Abimanyu, directeur exécutif d’IDPRO.

« Le secteur des centres de données en Indonésie a un rôle essentiel à jouer pour soutenir les ambitions numériques du pays », déclare Hendra Suryakusuma, président d’IDPRO. « Grâce à cette collaboration, nous souhaitons encourager l’adoption des meilleures pratiques internationales, renforcer les compétences de la main-d’œuvre et faire progresser un secteur fiable, durable et compétitif à l’échelle mondiale. La collaboration au sein de l’écosystème sera essentielle pour atteindre ces objectifs. »

« L’Indonésie est l’un des marchés d’infrastructures numériques les plus dynamiques d’Asie », déclare Patrick Chan, directeur général pour l’Asie du Sud-Pacifique d’Uptime Institute. « Il sera important de continuer à investir dans l’expertise, la maturité opérationnelle et la collaboration au sein du secteur pour maintenir cette dynamique. Grâce à notre partenariat avec IDPRO, nous nous réjouissons de soutenir l’échange de connaissances et de bonnes pratiques mondiales susceptibles d’accélérer le développement du secteur. »

Ce partenariat offre aux deux organisations une plateforme leur permettant de partager leurs connaissances du secteur et de promouvoir des pratiques qui améliorent les performances des centres de données tout au long de leur cycle de vie, de la conception et la construction à la mise en service et à l’exploitation. Il reflète également un engagement commun à veiller à ce que la croissance du secteur repose sur l’excellence opérationnelle, la résilience et une gestion responsable des ressources. Uptime Institute se réjouit de collaborer avec IDPRO et les acteurs du secteur pour soutenir le développement à long terme du secteur des centres de données en Indonésie et contribuer à répondre aux besoins en constante évolution du pays en matière d’infrastructures numériques.

À propos d’Uptime Institute

Uptime Institute est l’autorité mondiale de l’infrastructure numérique. Depuis plus de 30 ans, l’entreprise établit des références de pointe en matière de performances, de résilience, de durabilité et d’efficacité des centres de données. Ces références garantissent aux clients que leur infrastructure numérique fonctionnera de manière cohérente avec leurs besoins métier, quelles que soient les conditions d’exploitation. Avec plus de 4 300 certifications délivrées à l’échelle mondiale et plus de 1 400 projets en cours dans plus de 120 pays, Uptime a aidé des dizaines de milliers d’entreprises à optimiser leurs actifs informatiques critiques tout en gérant leurs coûts, leurs ressources et leur efficacité.

La norme Tier de l’organisation est la norme mondiale la plus fiable et la plus adoptée du secteur informatique en matière de conception, de construction et d’exploitation des centres de données. Ses principales offres comprennent les certifications Tier, les audits de gestion et d’exploitation, le conseil en infrastructure d’IA, les évaluations des risques liés aux centres de données, les évaluations énergétiques et de durabilité, les évaluations et notations en matière de cybersécurité, ainsi que les services de conseil informatique.

Les programmes de formation d’Uptime ont été suivis par plus de 100 000 professionnels des centres de données, faisant d’Uptime le partenaire de choix en matière d’apprentissage et de développement à l’échelle mondiale. Son offre combinée couvre toutes les étapes d’une carrière dans le domaine des infrastructures numériques, des débutants et apprentis jusqu’aux masters de deuxième cycle en Data Center Leadership destinés aux professionnels expérimentés et chevronnés. La disponibilité, la résilience, la durabilité, la sécurité et la valeur commerciale de cette infrastructure critique dépendent encore très largement du personnel qui l’exploite, c’est-à-dire des compétences, de la formation et du niveau d’éducation de chaque membre de l’équipe.

Uptime Institute a son siège social à New York, dans l’État de New York, et dispose de bureaux à Londres, São Paulo, Dubaï, Riyad, Singapour et Madrid, ainsi que de professionnels Uptime à temps plein basés dans plus de trente-quatre pays à travers le monde.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20261101888971/fr/

Permalink
https://www.aetoswire.com/fr/news/0311202658720

Contacts

Contact médias :
Uptime Institute
Brenda South bsouth@uptimeinstitute.com

Uptime Institute Signs Memorandum of Understanding (MOU) with Indonesian Data Center Providers Association (IDPRO) to Advance Indonesia's Data Center Industry

JAKARTA, Indonesia - Monday, 02. November 2026

(BUSINESS WIRE) -- Uptime Institute, the Global Digital Infrastructure Authority, today announced the signing of a Memorandum of Understanding (MOU) with the Indonesia Data Center Provider Organization (IDPRO) to support the development of a reliable, sustainable, and globally competitive data center industry in Indonesia. IDPRO is the official industry association representing data center providers and digital infrastructure companies in Indonesia.

The goal of the collaborative agreement between the two organizations is to promote international standards and best practices in Indonesia across the data center lifecycle, strengthening infrastructure availability and operational resilience, advancing resource efficiency and sustainability, and supporting the development of a skilled industry workforce. These priorities will help raise industry standards and reinforce Indonesia’s position in the global digital infrastructure landscape.

By combining Uptime Institute's global expertise in digital infrastructure performance, resilience, and sustainability with IDPRO's deep engagement across Indonesia's data center ecosystem, the partnership will foster greater knowledge exchange, industry collaboration, and adoption of globally recognized best practices.

“Digital infrastructure plays a foundational role in enabling economic growth and innovation," said Mustapha Louni, Chief Business Officer at Uptime Institute. "Our collaboration with IDPRO reflects a shared commitment to advancing international best practices and supporting the continued evolution of Indonesia's data center industry. By combining global expertise with local industry engagement, we hope to contribute insights and experience that help strengthen the sector for the future."

The MOU was signed by Mustapha Louni, Chief Business Officer, Uptime Institute, and Hendra Suryakusuma, Chairman of IDPRO. The signing was witnessed by Patrick Chan, Managing Director, South Asia, Uptime Institute, and Michael Abimanyu, Executive Director of IDPRO.

“Indonesia’s data center sector has a critical role to play in supporting the country’s digital ambitions,” said Hendra Suryakusuma, Chairman of IDPRO. “Through this collaboration, we aim to encourage the adoption of international best practices, strengthen workforce capabilities, and advance an industry that is reliable, sustainable, and globally competitive. Collaboration across the ecosystem will be essential to achieving these goals.”

"Indonesia is one of the most dynamic digital infrastructure markets in Asia," said Patrick Chan, Managing Director, South Asia Pacific, Uptime Institute. "Continued investment in expertise, operational maturity, and industry collaboration will be important to sustaining this momentum. Through our partnership with IDPRO, we look forward to supporting the exchange of knowledge and global best practices that can help accelerate the industry's development."

The partnership provides a platform for both organizations to share industry knowledge and promote practices that enhance data center performance throughout the lifecycle—from design and construction to commissioning and operations. It also reflects a shared commitment to ensuring that the sector’s growth is underpinned by operational excellence, resilience, and responsible resource management. Uptime Institute looks forward to working together with IDPRO and industry stakeholders to support the long-term development of Indonesia’s data center sector and help meet the country's evolving digital infrastructure needs.

About Uptime Institute

Uptime Institute is the Global Digital Infrastructure Authority. For over 30 years, the company has established industry-leading benchmarks for data center performance, resilience, sustainability, and efficiency. These benchmarks assure customers that their digital infrastructure will perform consistently with their business needs under any operating conditions. With more than 4,300 awards issued globally and over 1,400 active projects in 120 + countries, Uptime has helped tens of thousands of companies optimize critical IT assets while managing costs, resources, and efficiency.

The organization’s Tier Standard is the IT industry’s most trusted and adopted global standard for data center design, construction, and operations. Core offerings include Tier Certifications, Management & Operations reviews, AI Infrastructure Advisory, Data Center Risk Assessments, Energy & Sustainability Assessments, Cybersecurity Assessments & Ratings, and IT Advisory Services.

Uptime Education programs have been completed by more than 100,000 data center professionals, establishing Uptime as the Learning & Development partner of choice worldwide. The combined offering spans every stage of a digital infrastructure career — from entry-level staff and apprentices through to post-graduate MA degrees in Data Center Leadership for experienced, long-serving professionals. The availability, resiliency, sustainability, security, and business value of this critical infrastructure still depend overwhelmingly on the workforce that operates it — on the skill, training, and education of every individual team member.

Uptime Institute is headquartered in New York, NY, with offices in London, Sao Paulo, Dubai, Riyadh, Singapore and Madrid, and full-time Uptime professionals based in over thirty-four countries around the world.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20261101556619/en/

Permalink
https://www.aetoswire.com/en/news/0211202658687

Contacts

Media Contact:
Uptime Institute
Brenda South bsouth@uptimeinstitute.com

Emirati Mohammed Al Hakim Appointed Vice Chairman of MultiBank Group, Valued at US$32 Billion, and CEO of MB.io

 

• Former Crypto.com regional executive brings UAE government experience and a track record of commercial growth and partnerships with Emirates and Dubai Duty Free
• Al Hakim will strengthen MultiBank Group’s global presence, lead MB.io into new markets and develop MultiBank Exchange’s institutional reach

(BUSINESS WIRE) -- MultiBank Group, one of the world’s largest financial derivatives institutions, has appointed Mohammed Al Hakim as Vice Chairman of MultiBank Group and CEO of MB.io, who will strengthen the Group’s global presence, lead MB.io into new international markets and oversee the expansion of MultiBank Exchange. The appointment supports the Group’s ambitions across financial markets, digital assets and financial technology.

Working directly with Naser Taher, Founder and Chairman of MultiBank Group, Al Hakim will strengthen partnerships with financial institutions, governments and sovereign wealth funds. His responsibilities include advancing the Group’s capabilities in real-world asset tokenisation, institutional trading and cross-border settlement solutions through MB.io, its cryptocurrency and digital asset trading platform, and MultiBank Exchange, the fastest matching engine in interbank trading history.

The appointment coincides with the launch of MultiBank Exchange, as MultiBank Group advances its strategy to build an integrated financial ecosystem connecting traditional financial markets with the digital economy. According to the Group’s disclosed figures, it has a reported valuation of US$32 billion (AED 117 billion) and has recorded trading volumes of US$450 billion (AED 1.65 trillion), with peak daily volumes reaching US$55 billion (AED 202 billion).

Al Hakim brings extensive leadership experience across government and international financial institutions. Before joining MultiBank Group, he served as President and General Manager of Crypto.com, following a senior leadership role within the UAE federal government. He is also a graduate of the Mohammed bin Rashid Leadership Program.

At Crypto.com, he led strategic partnerships with Emirates and Dubai Duty Free that expanded the company’s commercial reach across aviation and travel retail. These partnerships resulted in the launch of ‘Crypto.com Pay’ with Emirates in July 2026, enabling eligible UAE customers to pay for flights through the airline’s website and app, followed by Dubai Duty Free in August 2026. The latter became the first airport retailer in the Middle East to introduce the regulated payment solution across its airport stores and online platform. Al Hakim also successfully secured a Stored Value Facilities licence from the Central Bank of the United Arab Emirates for Crypto.com, making it the first cryptocurrency company to obtain the licence.

Under his leadership, monthly transaction volumes for Crypto.com in the UAE increased 49-fold between January and December 2025, without a dedicated marketing budget.

He also advanced a government digital payments initiative with the Department of Finance in Dubai, including the launch of its pilot phase, and expanded institutional relationships with regulators, banks, financial institutions and international companies.

Naser Taher, Founder and Chairman of MultiBank Group, said: “Mohammed’s appointment represents an important step in our strategy to build a globally integrated financial ecosystem. His understanding of regulatory environments, institutional markets and digital assets, combined with his ability to establish high-level partnerships, will be instrumental in advancing our international ambitions. Mohammed will play a central role in translating this vision into sustainable growth and strengthening MultiBank Group’s position in global financial markets.”

Mohammed Al Hakim, Vice Chairman of MultiBank Group and CEO of MB.io, said: “I am honoured to join MultiBank Group at a pivotal stage in its development. The convergence of traditional finance and digital assets is creating significant opportunities to reshape how institutions and investors access global markets.”

“My priority will be to translate the Group’s international ambitions into commercial results, bring MB.io to new markets and build MultiBank Exchange’s institutional reach. This includes establishing trusted partnerships and advancing solutions in tokenisation, digital asset trading and financial infrastructure. Working alongside Naser Taher and the Group’s leadership, our focus will be on delivering practical, scalable solutions that support institutional adoption and connect financial markets worldwide,” Al Hakim added.

ABOUT MULTIBANK GROUP

MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a daily trading volume that exceeds $35 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 18+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 1000:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 financial awards recognizing its trading excellence and regulatory compliance. For more information, visit MultiBank Group’s www.multibankgroup.com.

ABOUT mb.io

mb.io is the crypto exchange division of MultiBank Group regulated by VARA in the UAE and AUSTRAC in Australia. Headquartered in Dubai, the platform offers crypto spot trading, including the Group’s global ecosystem utility token, $MBG, alongside seamless on- and off-ramp solutions and high-volume trading through a dedicated OTC desk. The platform is built for customers who want access to cryptocurrencies without compromising regulatory oversight or transparency. Learn more at mb.io.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20261101934535/en/

Permalink

https://www.aetoswire.com/en/news/0211202658684

Contacts

Nikolas Neofytou

Head of Direct Buys

nikolas.neofytou@multibankfx.com

Bentley Systems Announces Seequent’s Acquisition of Seismic Interpretation Software Company Eliis

  EXTON, Pa. - Monday, 02. November 2026 AETOSWire  

Strengthens Seequent’s subsurface software portfolio, energy and geophysics capabilities, and expands team of specialists

 

(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Seequent, The Bentley Subsurface Company, has acquired seismic interpretation software company Eliis. The acquisition will enrich Seequent’s capabilities in geophysics with seismic data interpretation and further advance subsurface understanding to help solve complex global challenges. Eliis’ global team of more than 100 geoscientists, technical specialists, and researchers will join Seequent.

Founded in 2007 and with headquarters in Montpellier, France, Eliis develops advanced seismic interpretation software that helps geoscientists process and analyze seismic imaging data to build detailed models of the subsurface. Seismic methods provide the highest-resolution geophysical picture of the subsurface at depth.

Eliis’ software includes seismic interpretation platform PaleoScan, with its patented Relative Geological Time technology and AI-assisted interpretation capabilities, that is used by hundreds of energy companies, and groundbreaking industry co-innovation project PaleoModel to enable downstream reservoir simulation. Eliis’ seismic interpretation capabilities complement Seequent’s subsurface portfolio including its implicit modeling tool Leapfrog.

Graham Grant, CEO, Seequent, said, “I am delighted to welcome Eliis to Seequent. Global challenges—notably energy security, the energy transition, and the demand for critical resources—are increasing the need for deeper subsurface insight. Lower cost seismic data acquisition and AI are expanding the adoption of seismic methods beyond oil and gas. We see huge opportunity in energy, mining, as well as groundwater management, the recovery of minerals from brines, and carbon storage. For example, seismic interpretation helps mining companies reduce geological uncertainty and discover deeper mineral deposits compared to traditional methods. Eliis will strengthen Seequent’s ability to help our users understand the underground, reduce uncertainty and risk, and make better, faster, and more confident decisions.”

Benoît Matha, CEO, Eliis, said, “Seequent’s acquisition of Eliis provides us with a secure, long-term home in a company that deeply understands and values our expertise and software. The combination of Eliis’ seismic expertise with complementary geoscience and reservoir technologies will accelerate our ambition to become a leading subsurface technology platform beyond the energy industry —extending our reach across the subsurface workflow and unlocking new growth opportunities. We are excited to join Seequent and by the opportunities ahead.”

Dechert LLP and Simmons & Simmons LLP acted as legal advisors to Bentley and Seequent in the transaction.

###

For high-resolution images, click here.

About Bentley Systems

Around the world, infrastructure professionals rely on software from Bentley Systems to help them design, build, and operate better and more resilient infrastructure for transportation, water, energy, cities, and more. Founded in 1984 by engineers for engineers, Bentley is the partner of choice for engineering firms and owner-operators worldwide, with software that spans engineering disciplines, industry sectors, and all phases of the infrastructure lifecycle. Through our digital twin solutions, we help infrastructure professionals unlock the value of their data to transform project delivery and asset performance.

About Seequent

Seequent, The Bentley Subsurface Company, helps organisations to understand the underground, giving them the confidence to make better decisions faster. Seequent builds world-leading technology that is at the forefront of Earth sciences, transforming the way our customers work. Every day we help them develop critical mineral resources more sustainably, design and build better infrastructure, source renewable energy, and reduce their impact on the environment.

Seequent operates in 150+ countries while proudly maintaining headquarters in New Zealand. Once Eliis joins the company, we will be 950+ colleagues strong in 32 locations.

© 2026 Bentley Systems, Incorporated. Bentley, the Bentley logo, Eliis, Leapfrog, PaleoModel, PaleoScan and Seequent are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20261029964674/en/

Permalink

https://www.aetoswire.com/en/news/54631465

Contacts

For more information, contact:

Press Contact: Liz Crawshaw, liz.crawshaw@seequent.com, +64 21 501 036

Bentley investors: Eric Boyer, IR@bentley.com

Newsroom: https://www.seequent.com/company/news-media/

Seequent on LinkedIn.