Tag Archive for: climbing

Custer County Search and Rescue provide climbing safety tips following rescue

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CUSTER COUNTY, CO — Two people were assisted by members of Saguache County Search and Rescue Monday morning after they were separated from their party after climbing a prominent peak in Southern Colorado.

In a Facebook post, Custer County Search and Rescue said it called Saguache County Search and Rescue for a mutual aid response to assist two hikers in the early hours of Monday morning.

According to Custer County Search and Rescue, four hikers were descending from the Crestone Needle when they became separated from each other.

Two of the individuals in the party were able to make it back to their camp at the South Colony Lakes while the other two were separated on the trail.

Custer County Search and Rescue says one of the two stranded hikers was able to activate their Garmin InReach, a GPS and SOS-enabled communication device, to provide Search and Rescue with an accurate location of their position.

At 4:00 a.m. Monday, Saguache County Search and Rescue was able to assemble a team, hike and climb to the stranded hiker’s position. From there, they were able to locate the second stranded hiker.

Custer County Search and Rescue says by 7:30 a.m. both stranded hikers were able to descend safely and reunite with their party.

Custer County Search and Rescue wants to remind you of some important mountain climbing safety tips if you plan on taking on the unforgiving mountains Colorado has to offer.

Plan Your Route

  • Research your routes thoroughly, especially if you plan on ascending and descending different routes.
  • Struggle to descend in the dark? Wait as a group and move at first light.

Be Prepared

  • Have the necessary equipment for your activity.
  • Carry a two-way communication device like Garmin InReach.
  • Have extra food, water, layers, headlamps and batteries.

Research Conditions

  • Currently, conditions of Broken Hand Pass and Crestone Needle require ice axes, helmets and traction devices due to the late spring snow and weather.
  • Much of Colorado’s high country still has snow on mountain peaks which can lead to dangerous hypothermic conditions for those who are unprepared.

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India climbing up the ladder of emerging tech patents, shows data

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The IP regime is exploding with patent applications. Domestic and global companies in emerging technologies have filed over 80,000 applications in India between 2016 and 2020 in areas ranging from Artificial Intelligence (AI), the Internet of Things (IoT), and big data to cloud, Edge, cyber security, and real time processing.

They account for 70 per cent of all technology patents. According to data from global IP research and consultancy firm Sagacious, 5,000 patents were filed in AI in India in the decade 2011-2020. But of these, 86 per cent were filed in the last five …




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Why is the Tesserent (ASX:TNT) share price climbing 11% on Friday?

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Tesserent cybersecurity professional man inspects server room and works on laptop

Image source: Getty Images

The Tesserent Ltd (ASX: TNT) share price is surging today despite no news being released by the company.

However, only minutes before yesterday’s close, Tesserent announced it had completed its acquisition of Australian cybersecurity firm, Loop Secure.

Tesserent spent around $13.5 million to acquire Loop, using a mix of cash and scrip to pay.

At the time of writing, the Tesserent share price is 24.2 cents, 10% higher than its previous close.

Let’s take a closer look at the most recent news from the internet security-as-a-service provider.

Tesserent finalises Loop acquisition

The Tesserent share price is gaining today despite no news from the cybersecurity and cloud services company. However, its recently finalised acquisition is a potential catalyst.

Yesterday, Tesserent announced it had completed its acquisition of Loop Secure. While investors’ enthusiasm for Tesserent shares may have been spurred by this today, the acquisition has been a long time coming.

Tesserent first announced its plan to acquire Loop on 19 August.

Back then, the market was seemingly indifferent to the announcement. The Tesserent share price finished that session exactly where it had ended the previous one.

According to Tesserent, its purchase of Loop adds an additional $18 million of unaudited revenue to its books. Loop also has $2.25 million of sustainable earnings before interest, tax, depreciation, and amortisation (EBITDA).

Additionally, Loop’s security services will strengthen Tesserent’s Cyber 360 capabilities and deliver significant synergy and cross-selling benefits.

Tesserent previously said the acquisition would see it paying $7 million of cash on completion. It expects to pay another $2 million over the following 12 months.

Tesserent share price snapshot

Today’s gains haven’t been enough to boost the Tesserent share price back into the green.

The company’s stock value has fallen 30% since the start of 2021. It is almost 7% lower than it was this time last year.

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