Chris@NNW, Author at NetworkNewsWire

TuesdayMar 16, 2021 9:00 am

Rare Earths, Rare Opportunity

NetworkNewsWire Editorial Coverage: Indispensable for production of cell phones, wind turbines and electric vehicles, rare earth elements ("REEs") have rocketed in importance as demand for electronics and EVs continue to surge. In addition, rare earths play an essential role in national security and commercial applications. For cell phones to vibrate or EV motors to provide power, they need powerful magnets, and REEs are critical to the manufacture of these powerful permanent magnets. However, serious supply chain concerns have arisen with REEs, because China has a stranglehold on global supply. This is of particular concern due to the need for REEs…

TuesdayMar 16, 2021 9:00 am

Predictive Policing: Big Potential as Big Data Fights Crime

NetworkNewsWire Editorial Coverage: Police in the United States have used clues and deductive reasoning to fight crime for more than 175 years. However, a sea change is occurring as big data and analytics technology bolster law enforcement efforts in what is known as “predictive policing.” This isn’t futurist precrime science fiction from “The Minority Report.” It’s algorithm-based machine learning/artificial intelligence (ML/AI) software that analyzes trends to give police an upper hand in crime prevention. Police departments worldwide are adopting predictive policing technology in a bid to identify not only perpetrators but victims also. Knightscope Inc. (Profile) and its lineup of…

MondayMar 15, 2021 3:13 pm

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Joins with Neo Performance Materials to Create New Rare Earth Supply Chain Spanning North America and Europe

Energy Fuels, Neo join in initiative that will strengthen, diversify U.S. and European rare earth supply chains In 2021, UUUU will ship mixed rare earth carbonate to Neo’s plant in Europe, where it will be separated into commercial value-added product Partnership marks first time in two decades that monazite ore from U.S. will be used to manufacture separated rare earth materials outside of China Energy Fuels (NYSE American: UUUU) (TSX: EFR) has joined with Neo Performance Materials (TSX: NEO) in a new rare earth production initiative that spans North American and European critical material supply chains (https://nnw.fm/YA9HD). The initiative, which calls…

MondayMar 15, 2021 2:46 pm

Mohawk Group Holdings Inc. (NASDAQ: MWK) Employs it’s AIMEE(R) Platform to Discover New Ecommerce Market Avenues

Mohawk Group Holdings INC. is a third-party seller to Amazon and other giant online consumer portals. Mohawk’s proprietary e-commerce platform AIMEE(R) uses AI to manage best-selling consumer products. Mohawk uses its AI and machine learning technical knowhow to discover new e-commerce market opportunities due to pandemic trends. Mohawk Group Holdings (NASDAQ: MWK) is a CPG (Consumer Packed Goods) company that leverages the power of technology and machine learning to design, develop, market, and sell consumables. AIMEE(R) (AI Mohawk E-commerce Engine) is the company’s proprietary next-generation E-commerce platform that employs the latest technologies including Microsoft Cognitive Services and machine learning algorithms to manage consumer…

MondayMar 15, 2021 2:33 pm

Ideanomics Inc. (NASDAQ: IDEX) Expands Global EV Footprint with Energica Investment, CALSTART Membership

The acquisition of 20% of Energica Motor Company S.p.A. compliments majority-owned Treeletrik’s business in the ASEAN market and continued investment in European-based OEM CALSTART will assist in growing Ideanomics’ wholly-owned subsidiaries – enhancing national and global programs Ideanomics Mobility is a part of a global commercial EV market expected to surpass $132 billion by 2022 Ideanomics (NASDAQ: IDEX), a global company that is facilitating the adoption of commercial electric vehicles and supporting next-generation financial services and fintech products, recently announced that it had acquired 20% of Energica Motor Company S.p.A. (“Energica”) for a consideration of $13.2 million. Energica develops 100%…

MondayMar 15, 2021 2:18 pm

Healthy Extracts Inc. (HYEX) Reports 71% Revenue Increase Backed by Industry Momentum

Healthy Extracts Inc. officially changed its name from Grey Cloak Tech Inc. on March 1, formalizing the company’s shift into the health products industry Healthy Extracts currently wholly owns two subsidiaries, BergaMet North America (“NA”) and Ultimate Brain Nutrients (“UBN”), and reported a revenue increase of 71% from $748,377 in 2019 to $1,276,559 in the 12 months ending December 31, 2020 This revenue growth is consistent with the trend in the plant-based foods and products industry, which is growing due to increased health consciousness and concerns regarding climate change The plant-based foods and products industry is experiencing a boom attributable…

MondayMar 15, 2021 12:21 pm

Imagin Medical Inc. (CSE: IME) (OTCQB: IMEXF) Revolutionary Technology a Cost Saver for Hospitals and Patients

White light cystoscopy (“WLC”) is the most commonly used procedure to detect non-muscle invasive bladder cancer (“NMIBC”) Despite its prevalence, WLC is not the most effective method and contributes to a high bladder cancer recurrence rate Blue light cystoscopy (“BLC”) is a more recent and highly effective method, but the high cost of equipment and skill level has impeded its uptake among hospitals Imagin Medical believes the i/Blue(TM) Imaging System , which displays white and blue light images side by side, will address these issues It eliminates the need to purchase new cystoscopes. The i/Blue System’s dual-view camera head can…

MondayMar 15, 2021 11:46 am

ROTH Announces Biotech / Medtech Details for Virtual 33rd Annual Roth Conference

ROTH is hosting its 33rd Annual Roth Conference virtually this year, from March 15-17. Featured at the event under the Pharmaceuticals/Medical technology umbrella will be 1-on-1/small group meetings for institutional investors, an industry panel and numerous virtual fireside chats. Details on the Panel: Flipping the Switch to Profitability Panel – March 16 at 10:00 AM Description: This panel will highlight three companies in ROTH’s Medical Technologies coverage universe (IRIX, SRTS, CSBR) that are approaching or becoming cash flow positive. ROTH is holding this panel as a forum where investors can get to know these three companies better. Panelists: Iridex Corporation…

MondayMar 15, 2021 11:29 am

Healthtech Solutions Inc. (HLTT) Subsidiary Tech Brings POCUS to Variety of Settings, Can Speed Up Diagnosis

POCUS enables patients to receive timely care in more comfortable, accessible surroundings Sonography improves accuracy, safety of emergency medical procedures MediScan specializes in medical imaging products for acute, emergency medical situations POCUS, or point of care ultrasound, is a medical practice that allows trained medical personnel to use ultrasound to treat and care for patients — regardless of where those patients are, noted a recent blog (https://nnw.fm/5NBPC) released by Healthtech Solutions (OTC: HLTT). HLTT’s wholly owned subsidiary, MediScan is the provider of an affordable high-definition 3D ultrasound device that can assist in this practice. “POCUS enables patients to get timely care without…

MondayMar 15, 2021 10:36 am

TAAT Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) Partners with BC Company to Develop, Distribute TAAT Products in the Great White North

Company signs MOU with Christina Lake Cannabis Corp. to develop, distribute TAAT proprietary product in Canadian market TAAT CEO calls Canada “ideal play” for expansion based on existing interest from legal-aged smokers across the country Canadian population has nearly identical smoking incidence rate to the U.S., with an estimated 15% of the population that smokes With record-breaking sales in its first weekend of online sales and an enthusiastic response to its on-the-ground retail launch in Ohio, TAAT Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) has signed a deal to take its flagship product — TAAT(TM), a tobacco-free, nicotine-free cigarette — into…

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Author: Chris@NNW