Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Are we to believe the tweeter hype this morning
Rumors of a tri
State Street Global $3.5Trn investement fund..investing in @dev_clever .. their largest holding is @Apple inc… and added to their position following @alangreenberg appointment..interesting development #Dev #EdTech @VeativeLabs @StateStreetGA https://t.co/QXVy9iSAZ2
Further research on #DEV’s new Contract partner in ????- The Chinese Academy of Sciences
I’m gobsmacked at this latest RNS
• An annual budget of $15.2bn
• It’s President has ‘one of the biggest roles in world science’ ??
• CAS dwarfs Harvard + MIT
https://t.co/sxkGEUoJQu
Dev Clever
(DEV
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) has entered into a material contract with an Asia-based VR hardware manufacturer and distributor operating on behalf of the Chinese Academy of Sciences.
Under the terms of the contract, Question What’s Real (“QWR”) will deploy an initial 20,000 VR devices to users across China, pre-installed with Dev’s immersive STEM learning library.
QWR operates as a leading manufacturer, developer and distributor of immersive VR, AR, and MR devices and experiences with operations in multiple countries globally from Asia.
Dev Clever, an education-focused technology company, explained that these initial devices will begin to be distributed shortly after the Chinese New Year in February 2022 and that the Company will receive US$150 per device on an annual recurring SaaS subscription-basis.
Subject to the success of the initial roll-out across China, there will be a further option to extend the partnership to include between 15,000 and 30,000 additional devices in 2022.
The VR headsets will also incorporate a healthcare app, developed by QWR and Chinese Academy of Sciences (“CAS”), with the objective of reducing myopia through the use of VR.
CAS works in conjunction with the Chinese Academy of Engineering - known collectively as the ‘Two Academies’ - as a national scientific think tank and academic governing body.
In China, the Two Academies provide advisory and appraisal services on issues stemming from the national economy, social development, and progress in science and technology.
CAS and the Jiangxi Provincial People’s Government jointly established the ‘Jiangxi Industrial Technology Innovation and Incubation Center of the Chinese Academy of Sciences’ to focus on the major scientific and technological needs of Jiangxi’s economic and social development.
Nanchang, the capital of Jiangxi Province, is now being positioned as the ‘VR capital of the world’. Meanwhile, China already operates as one of the largest education markets globally.
Chris Jeffries, CEO of Dev Clever, ackowlsdeged that China has been leading education VC investment growth “over the past five years.” He cited CAS’s “outstanding reputation”, adding that Dev is “delighted to be partnering with such an esteemed international institution.”
“As the world continues to emerge from the COVID-19 pandemic, we are seeing a marked increase in enquiries for our products and services from educational authorities globally.”
DEV.L
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Last week, Dev Clever highlighted that due to the “significant progress” made in FY21 that revenue is now expected to be around £7.4m, an increase in the region of 500% on FY20.
The education-focused technology company said adjusted EBITDA is also expected to come in materially ahead of management’s expectations for the year ended 31 October 2021 as a result of “substantial operational progress” during the period which
Shoutout to our @launch_careers team! Register your schools today at @launch_careers which is a freemium platform providing career counseling 6th grade onwards.
@KBSfed @VeativeLabs @SRTHOMASANTONY @MadhusudhanSad1 @kuldeepshining @MartinK29673103
#launchmycareer https://t.co/stqSFQT7WX
Are talking about dev
Join @OIEduFinance for their webinar on " 'Technology as a key lever of change for low-cost private schools' | 30TH NOV 2021 4:00PM IST | 11:30 AM GMT with our President @KBSfed and several more panellists.
@OIEduFinance
#education #school #learning #educationforall #teacher https://t.co/9FH5EGlrir
Lesson learned for me bagzzz
Don't remember a blue day here on good news
Sorry for doubting bagzzz
I don't know bagzzz think your wrong (The Company will continue to on-board users in a controlled manner.)
A good post here on #DEV’s strong position relative to Indian EdTech peers.
#Byju’s & #Upgrad operating on 55x revs
Dev’s estimated FY2021 revs offer a rev multiple of just 24x
DEV at 55x revs should offer a share price of 70p
The ex $AAPL ?? Director is clearly impressed https://t.co/UUeCoJSvJl
I like this one that is doing the round Bernard
#Dev.. in a market lull fundamentals are you’re friend… looking at these multiples @dev_clever is only going one way ….great post??
DEV closed down 0.67 percent on Friday, November 19, 2021, on 61 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Chris Jeffries, Chief Executive Officer of Dev Clever, commented:
"This partnership is transformational for the Company and for the innovative end-to-end proposition we can offer students in terms of careers guidance. At the same time brands, employers and educational institutions can through hyper personalisation start to activate and target young individuals and students much more effectively. We have made really substantive progress over the past eighteen months and whilst there is a lot of incremental work to be done, we are genuinely confident that today is the starting point of delivering a game-changer solution for our stakeholders in the relatively near-term future."
Hope this helps with your trust in Dev
Word for word from Chris Jeffries to me
“I couldn’t be more confident with our Indian launch and transformation and progress that will come over the next 12 months which will put us right up there with the biggest Edtech company’s in India and beyond” ??????
#Dev
If the doc is buying nice few 50000 and 100000 buys the last few days (REMEMBER AAA)
Dr Kulbhushan Sharma, president NISA, will be appearing as one of the guest speakers at the LNI Visionary School Summit on November 14th, 2021. This is an initiative of Learn N Inspire, a rapidly growing virtual education platform that aims to impact lives
#education #edtalks https://t.co/1vMOzBXIbO
If it's launchmycarrer
Link to national career challenge as well .
https://www.inspirationallearninggroup.co.uk/whats-new/clever-capabilities