Combining AI-enhanced connectivity with Advanced Security, the Giant Stream6 Brings the Future of WiFi to Every Home
NEW YORK, April 5, 2025 /PRNewswire/ -- Just two days after launching on Kickstarter, the WAVLINK Giant Stream6 AI-Enhanced AX6000 Router has captured the attention of tech enthusiasts and families alike, quickly surpassing initial funding goals. The Giant Stream6 is designed for a new generation of high-speed, AI-optimized internet that adapts seamlessly to the connectivity needs of every household, delivering performance and security with effortless precision. By combining cutting-edge WiFi 6 technology, intelligent traffic management, and robust security features, the Giant Stream6 is changing how users experience home connectivity.
"We are beyond thrilled by the support and enthusiasm we've received," shares John, WAVLINK's CEO. "It's clear that today's users are ready for a smarter, more intuitive router experience, and the Giant Stream6 delivers just that. We designed this router to handle everything from gaming to streaming to remote work—all while providing top-tier security and ease of use for families."
Standout Features of the Giant Stream6:
Elevating Home Connectivity with Intelligent, User-Friendly Design
The Giant Stream6 is more than just a high-performance router; it's a digital companion designed to evolve with users' needs. Its AI-driven QoE modes adapt automatically, managing traffic without the need for constant adjustments. From uninterrupted gaming sessions to smooth video calls and secure browsing, the Giant Stream6 is redefining what a home network can achieve.
WAVLINK: Redefining Connectivity for Modern Living
WAVLINK continues to innovate with the mission to enhance daily life through better connectivity. The Giant Stream6 is the latest addition to a lineup of products aimed at making tech simple, efficient, and powerful—empowering users to do more in a connected world.
To join the campaign and back the Giant Stream6 on Kickstarter, visit here.
More WAVLINK products, click here.
Contact:
zhouying@wavlink.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
WAVLINK Giant Stream6 AI-Powered WiFi 6 Router Receives Strong Support Within 48 Hours on Kickstarter
Martin Sjolund appointed President and Chief Executive Officer, effective June 17, 2025
Vikram Atal to serve as senior advisor through December 31, 2025
NORFOLK, Va., April 8, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that its Board of Directors has appointed President of PRA Group Europe Martin Sjolund to serve as President and Chief Executive Officer (CEO), effective June 17, 2025. Sjolund succeeds current President and CEO Vikram Atal, who announced that he will retire and serve as a senior advisor through December 31, 2025. Sjolund will be appointed to the Board upon assuming the role of President and CEO, and Atal will retire from the Board at that time.
"On behalf of the Board, I want to thank Vik for his leadership of PRA Group during a pivotal time," said Executive Chair of the Board Steve Fredrickson. "Today's announcement is the culmination of the Board's ongoing succession planning process and commitment to enabling long-term, profitable growth."
"It has been a privilege to lead PRA Group through this transformative time in the company's history," said Atal. "Since March 2023, I have worked closely with Martin, and I am highly confident in his ability to further strengthen our global leadership position. His strong track record in our European business, extensive industry knowledge, thoughtful leadership and commitment to our culture and customers will build on our strengths and create meaningful value for our shareholders in the years to come."
"I am honored to have the opportunity to lead PRA Group as we enter our next phase of growth," said Sjolund. "As a team, we have already achieved record global portfolio purchases and double-digit cash growth, expanded our leadership team, improved operational processes and strengthened our capital structure. These actions have positioned us to continue driving the company forward while delivering value to our shareholders."
About Martin Sjolund
Sjolund has served as President of PRA Group Europe since 2018, providing leadership across 15 markets in Europe, Canada and Australia. During his tenure, Sjolund oversaw nearly $3 billion of successful portfolio investments across Europe, all while significantly improving the profitability of the European business. He led our expansion into two new markets, modernized the IT infrastructure and contact platforms, enhanced the data and analytics function and ultimately created one of Europe's most cost-efficient debt buying platforms.
Before being promoted to his current role, Sjolund served as Chief Operating Officer of Europe from 2015 until 2018. He was previously Director of Group Strategy and Corporate Development (Europe), a position he also held at Aktiv Kapital from 2011 until PRA Group acquired Aktiv Kapital in 2014.
Prior to joining Aktiv Kapital, Sjolund held leadership positions in global technology companies and was a management consultant with McKinsey & Company in Singapore and London. Sjolund holds an MBA from the University of Chicago and is a graduate of Georgetown University.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group, Inc. returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.
News Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 641-0558
Elizabeth.Kersey@PRAGroup.com
Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
IR@PRAGroup.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
PRA Group Announces Leadership Succession Plan
