RIYADH, Saudi Arabia–(BUSINESS WIRE)–M1 Al Deraa, the Saudi Arabian subsidiary of U.S.-based M1 Support Services, a leading provider of aviation solutions supportingRIYADH, Saudi Arabia–(BUSINESS WIRE)–M1 Al Deraa, the Saudi Arabian subsidiary of U.S.-based M1 Support Services, a leading provider of aviation solutions supporting

M1 Al Deraa Opens Headquarters in Riyadh, Saudi Arabia

Author: AI Journal

Source: AI Journal

2025/12/19 03:16

2 min read

AL$0.003276+5.91%

U$0.0007265-0.16%

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

RIYADH, Saudi Arabia–(BUSINESS WIRE)–M1 Al Deraa, the Saudi Arabian subsidiary of U.S.-based M1 Support Services, a leading provider of aviation solutions supporting the most advanced aircraft in the world, announced today it has opened its new headquarters in Riyadh. The facility is located in the Al-Yasmin District and will be the focal point for M1 Al Deraa operations and maintenance programs in the Kingdom of Saudi Arabia.

“We are both humbled and proud to invest in the Kingdom of Saudi Arabia,” said George Krivo, Chairman and CEO of M1 Support Services. “There is no better place for our investment, especially given the expanding economic and security interests between our two countries.”

M1 “Al Deraa,” which means “the shield” in Arabic, is strategically positioned to support Saudi Arabia’s Vision 2030 through localized industrial capabilities in the defense and commercial sectors. Its capabilities include Lean Maintenance, Repair, and Overhaul (LMRO), supply chain management, engineering, and training services to meet the evolving needs of the Kingdom of Saudi Arabia. M1 Al Deraa will also serve as a hub to provide these services across the Middle East and North Africa (MENA) region.

“The opening ceremony of M1 Al Deraa’s headquarters was a historic day for the company,” said Major General (Retired) Turki Al Tassan, CEO of M1 Al Deraa and former Chief of Saudi Arabian National Guard (SANG) Aviation. “We were honored to be joined by many distinguished government officials, industry leaders, and investors, including the Saudi Public Investment Fund (PIF), and look forward to supporting customers here in the Kingdom.”

About M1 Support Services, a Cerberus Capital Management Company

M1 Support Services is a mission-first, force-multiplying partner solely dedicated to providing aviation solutions to the U.S. Department of Defense, allies, and partner nations. Our complete spectrum of capabilities includes training and simulation, flight operations, maintenance, repair and overhaul (MRO), logistics, aircraft modifications and upgrades. The only company of scale focused solely on aviation services, we execute large, complex programs of national and international significance, supporting the most advanced military aircraft in the world. Learn more at www.M1services.com.

Contacts

M1 Support Services

media@m1services.com

Market Opportunity

ArchLoot Price(AL)

$0.003276

$0.003276$0.003276

+5.91%

USD

ArchLoot (AL) Live Price Chart

Get 20 USDT in Just 1 Minute

Deposit $100 to unlock $300 in GOLD positions

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#RWA

The post BTC Leverage Builds Near $120K, Big Test Ahead appeared on BitcoinEthereumNews.com. Key Insights: Heavy leverage builds at $118K–$120K, turning the zone into Bitcoin’s next critical resistance test. Rejection from point of interest with delta divergences suggests cooling momentum after the recent FOMC-driven spike. Support levels at $114K–$115K may attract buyers if BTC fails to break above $120K. BTC Leverage Builds Near $120K, Big Test Ahead Bitcoin was trading around $117,099, with daily volume close to $59.1 billion. The price has seen a marginal 0.01% gain over the past 24 hours and a 2% rise in the past week. Data shared by Killa points to heavy leverage building between $118,000 and $120,000. Heatmap charts back this up, showing dense liquidity bands in that zone. Such clusters of orders often act as magnets for price action, as markets tend to move where liquidity is stacked. Price Action Around the POI Analysis from JoelXBT highlights how Bitcoin tapped into a key point of interest (POI) during the recent FOMC-driven spike. This move coincided with what was called the “zone of max delta pain”, a level where aggressive volume left imbalances in order flow. Source: JoelXBT /X Following the test of this area, BTC faced rejection and began to pull back. Delta indicators revealed extended divergences, with price rising while buyer strength weakened. That mismatch suggests demand failed to keep up with the pace of the rally, leaving room for short-term cooling. Resistance and Support Levels The $118K–$120K range now stands as a major resistance band. A clean move through $120K could force leveraged shorts to cover, potentially driving further upside. On the downside, smaller liquidity clusters are visible near $114K–$115K. If rejection holds at the top, these levels are likely to act as the first supports where buyers may attempt to step in. Market Outlook Bitcoin’s next decisive move will likely form around the…

BitcoinEthereumNews

2025/09/18 16:40

Wormhole token soars following tokenomics overhaul, W reserve launch

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more

Coinstats

2025/09/18 02:41

Get 15 USDT Instantly on Deposit