SEATTLE, Jan. 6, 2025 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced that its subsidiary, Promethean, has released its most anticipated, unified interactive flat panel display (IFPD) and software solution—the all-new ActivPanel 10 and Promethean ActivSuite. "Specifically designed to support freedom of choice, simplicity, and adaptability, the ActivPanel 10 and Promethean ActivSuite solution allows educators and business leaders to choose their preferred operating system and meet users exactly where they are when they need it, with no added hassle, stress, or complicated training," said Vin Riera, Mynd's Chief Executive Officer. Riera added, "We are very
Promethean's most adaptable, compatible hardware and software solution is available now and will debut live internationally at FETC and Bett conferences in January. SEATTLE, Jan. 6, 2025 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE:MYND), has released the most anticipated, unified interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite. Available on January 6, the flexible display and included software guarantees a simple, user-friendly "plug and
SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings. "By allowing customers to choose their preferred operating system (Chrome, Windows, or Android) and creating seamless integration between the ActivPanel 10, connected devices, and the Promethean Act
School, university, and business leaders now have the flexibility to choose their experience and maximize learning and collaboration in classrooms, teaching spaces, meeting rooms, or on the go with the most adaptable, easy-to-use solution. SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE:MYND), has announced the most adaptable interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite™. Available early 2025, the display and included new software guarantees a simple, user-friendly "plug and play" panel experience to meet users exactly where they ar
SEATTLE, Oct. 21, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its American depositary shares ("ADSs") and/or ordinary shares as market conditions and the Company's liquidity warrant. "We are committed to delivering long-term value to our shareholders and we believe that the potential to repurchase our shares and ADSs at these levels represents a compelling opportunity to deploy available cash to do so," stated Vin Riera, Mynd's Chief Executive Officer. Riera added, "The share repurchase program, combined with our recently announced strategic initiatives, i
The company was recognized in the Primary category for its Explain Everything Advanced lesson creation and delivery software SEATTLE, Oct. 14, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), won this year's Tech & Learning Awards of Excellence: Back to School 2024 in the Primary category from Tech & Learning magazine. Back for the 2024-25 school year, the Tech & Learning Awards of Excellence seek out the most outstanding products offering schools versatility, value, and solutions to specific problems
SEATTLE, Oct. 8, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced a series of strategic actions designed to enhance the Company's operations and drive long-term shareholder value, including the following: The sale, on October 2, 2024, of the Company's entire 85% ownership interest in its Singapore-based early childcare learning business for a total consideration of $20 million in cash.The redeployment of capital to enhance business development and future technology innovation to increase sales within its core markets.The optimization of our operational structure to enhance efficiency and generate anticipated cost savings in excess of $20 million annua
Gross Margins Increased 100 Basis Points to 27.3%; Adjusted EBITDA loss improved by $0.6 million SEATTLE, Aug. 29, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE:MYND) today announced financial results for the first half of 2024 (H1 2024). H1 2024 Key Financial Milestones Revenue of $166.0 million compared to $222.5 million for the same period in the prior year, with the decrease primarily driven by reduced spending by key customers due to uncertainty regarding future budget allocationsGross profit of $45.4 million, a 22.4% decline from $58.5 million in the same period in the prior year, driven by the year-over-year reduction in revenue. Gross margins increased 100 basi
The ActivPanel LX with Google EDLA-certified OPS-A computing module is named one of the best edtech solutions for the classroom SEATTLE, July 26, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), took home a Tech & Learning Best of Show Award during ISTELive 24 in Denver June 23-26 for its innovative ActivPanel LX interactive flat panel display (IFPD) and Google EDLA-certified OPS-A computing module. The Tech & Learning awards recognize edtech solutions that transform education across the globe. A pa
The company's flexible, secure, and affordable interactive display receives the prestigious "Classroom Tech Solution of the Year" award SEATTLE, June 6, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), has been recognized by the 2024 EdTech Breakthrough Awards for its innovative ActivPanel LX interactive display. Winner of the "Classroom Tech Solution of the Year" award, ActivPanel LX is one of the most flexible, secure, and affordable interactive solutions on the market today. The ActivPanel LX is des
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