Month: August 2021

Arkafort is proud to announce its new and exciting collaboration with Project Maleth, the very first Maltese scientific programme to be sent to the International Space Station. The much anticipated project could potentially lead to a breakthrough in the treatment of diabetes, which is a common and widespread problem in the Maltese islands.

Arkafort has just joined this venture in order to support the project through its own experts and resources. Together with biomedical scientist and Associate Professor Joseph Borg and his team – who are behind this project – Arkafort will be building a mission control system, connected to the International Space Station, in order to capture the data produced. Arkafort engineers will be building a software through which data – both that produced at the International Space Station and at the labs based at the University of Malta – can then be analysed by the research team.

Project Maleth is widely being described as highly innovative and a game-changer, both on an experimental level and in terms of its potential. Space and microgravity will be offering new grounds for testing and research on 6 human skin microbiomes samples from selected Type 2 diabetic patients with foot ulcers. These samples, will be analysed alongside samples in laboratories. Professor Borg explains that, ‘based on this parallel study, we will be able to compare the bacterial genetics in space and on earth, and we will be able to explore both differences and similarities. The results could lead to specific medicine targeting these microorganisms.’

Arkafort co-founder and Executive Director Gordon Grech explains that this collaboration is an important milestone for Arkafort, ‘at Arkafort, we do not just provide technology-related services to our clients but we also seek to invest in the development of new technology. We firmly believe that by exploring ways how tech can actively contribute towards scientific research and experiments, we would be also fulfilling our long-term goals for the company. And actively contributing towards building a better and more sustainable future.’

Project Maleth is managed by SpaceOMIX, funded by the Ministry for Foreign and European Affairs of Malta, biotech company Evolve Ltd and Arkafort and supported by the Ministry for Research, Innovation and post COVID19 strategy and the Malta Council for Science & Technology. This collaboration was initiated and facilitated by the RIDT at the University of Malta.

BMIT Technologies plc [MSE:BMIT] just announced strong performance results for the first six months of 2021. Despite the challenges that the pandemic is having on the target markets in which it operates, BMIT Technologies reported a positive performance all round.

Revenue for the first half of the year amounted to €12.8 million, a growth of 9.4% over the same period of the previous year. Group earnings before interest, tax, depreciation and amortisation (EBITDA) grew to €5.7 million, a significant increase of 11% when compared to the same period of 2020. Profit before tax was at €4.4 million, an increase of 13%.

“We are extremely proud of the results we have announced today. BMIT Technologies has showed resilience in the face of unprecedented challenges and has built further on the solid results we have registered last year. These results are a reflection of decisions that my board and management team have taken during very uncertain times, and we now look forward towards to a sustained performance in the next years”, commented Nikhil Patil, Chairman of BMIT Technologies plc.

“As we are now entering a post-pandemic phase, BMIT Technologies is committed to building on the performance of these last years. Our stated commitment to look at ways how to expand our offering is progressing at a sustained rate, from the technologies we deploy, the solutions we provide to our customers and also our evaluation of options for further market expansion”, added Christian Sammut, Chief Executive Officer.

BMIT Technologies is a leading provider of technology solutions in Malta, offering a range of services in the datacentre, cloud and managed IT services to a wide range of businesses operating in Malta and across Europe. BMIT Technologies plc is listed on the Malta Stock Exchange [MSE:BMIT].

Time to dip your toes back in the water, explore those cities and escape the everyday. This year finally holds the promise of many trips that were previously delayed, cancelled or simply impossible due to the global pandemic that spread across the world and brought it to a standstill.

GasanMamo Insurance is aware of the sacrifices made by the local community over the past 18 months following the outbreak of Covid -19. Having followed the effective immunisation programme which has been delivered here, the company has designed an extension to all its travel insurance products which enables GasanMamo clients to travel more safely and with peace of mind.

This extension explains Christopher J. Delicata, Senior Underwriting Manager, provides cover in the event that a client has to cancel a booked trip in the event of contracting the virus. It also provides cover for any medical expenses incurred if the insured person is required to quarantine or isolate or contracts Covid -19 whilst abroad together with a daily benefit if the trip has to be delayed.

This is being offered for all travel policies issued with GasanMamo as from 1st June 2021 and can be purchased online from www.gasanmamo.com or through its branches across Malta and any of its authorised intermediaries.

GasanMamo Insurance Limited is one of the leading insurers in Malta with an established reputation of providing stellar service and a large range of insurance products both for individuals as well as for the local business community.