NetworkNewsBreaks Archive - Page 200 of 1736

ThursdayApr 20, 2023 10:21 am

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Inks Asset Purchase Agreement for 50% Ownership of Global Response Aid

Aditxt (NASDAQ: ADTX), a global innovation company focused on therapeutics and technologies that monitor and modulate the immune system, has signed an asset purchase agreement with Cellvera Ltd. According to the announcement, the agreement gives Aditxt a 50% ownership in G Response Aid FZE; the remaining 50% ownership belongs to global logistics leader Agility Inc. Calling the agreement a “significant step” for the company, Aditxt officials noted that the agreement allows the company to partner with Agility to address a growing global market need for effective antivirals. Specifics of the transaction include the consideration of (A) $24.5 million, comprised of: (i)…

WednesdayApr 19, 2023 3:56 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Publishes Research Offering Evidence of Quantum Annealing’s Unrivaled Performance

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, has published a peer-reviewed milestone paper showing the performance of its 5,000 qubit Advantage(TM) quantum computer is significantly faster than classical compute on an intractable class of optimization problems – 3D spin glasses. The paper also represents the largest programmable quantum simulation reported to date. A collaboration between scientists from D-Wave and Boston University, the paper titled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here.…

WednesdayApr 19, 2023 2:29 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces 12% Reduction in Backlog; Ships ASRs and Blue Light Emergency Systems

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has shipped multiple Autonomous Security Robots (“ASRs”) around the country in the past month; the company has also shipped numerous blue light emergency communication systems. Consequently, the company is reporting a reduction in backlog of more than 12%. According to the company, the ASRs were shipped to California, Florida, New York, Washington state and Washington, DC. The robot shipments represented an estimated $258K in annualized revenue. The blue light emergency shipments represented approximately $417K in revenue. Knightscope also reported that the Westland Real Estate…

WednesdayApr 19, 2023 2:05 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Part of DSS Common Stock Distribution Plan

Sharing Services Global (OTCQB: SHRG) and DSS Inc. (NYSE American: DSS) have announced plans to distribute to stockholders SHRG common stock that is beneficially held by DSS. The distribution will be done through DSS subsidiary, Decentralized Sharing Systems Inc. (“DSSI”). Sharing Services is a diversified direct marketing company that is in the process of uplisting to NASDAQ; DSS is a multinational company operating nine business divisions through strategic acquisitions and development to build shareholder value through periodic spinoffs. A major shareholder in Sharing Services, DSS is identifying opportunities that will support long-term growth for SHRG as well as provide long-term benefit…

WednesdayApr 19, 2023 1:47 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Eyeing Opportunity in Multibillion Rare Oxide Market

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals separation technology company executing an ESG-centered plan to establish a comprehensive North American critical metals supply chain, is gaining attention thanks to the commissioning of its demonstration plant in Kingston, Ontario. “The company is positioning itself to fulfill North America’s unmet rare earth element (‘REE’) and rare earth oxide (‘REO’) needs through commercial production plants, with the first expected to be operational by the end of 2024 in Louisiana… Over the last few years, Ucore has invested about $10 million in the demonstration plant and its RapidSX(TM) technology. RapidSX(TM) is…

WednesdayApr 19, 2023 12:03 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Observers Expect Copper to Become the ‘New Precious/Industrial Metal’

McEwen Mining (NYSE: MUX) (TSX: MUX) owns 51.9% of McEwen Copper, a base metal developer that is looking to solve the copper supply bottleneck by advancing its 100%-owned Los Azules Project in the San Juan province of Argentina. The project hosts a copper-gold-silver deposit whose ultimate depth and lateral extent are yet to be fully determined. “A more recent Preliminary Economic Assessment (‘PEA’) completed in 2017 highlights the project’s robust economics. The project’s average annual production throughout the first 13 years of operation is expected to be about 415 million pounds of copper at a cash cost of $1.14 per…

WednesdayApr 19, 2023 11:53 am

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Expands Proprietary Chipset for Automotive Lidar with Release of Komodo

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the release of Komodo, its proprietary lidar point cloud processor ASIC (Application-Specific Integrated Circuit) chip. A highly integrated custom SoC, developed by Cepton in California, Komodo is designed to maximize the technical advantages of Cepton’s patented lidar architecture to significantly improve point cloud quality while replacing several merchant silicon devices to dramatically reduce cost. Supported by the company’s deep experience in industrializing automotive lidar for volume production through its flagship ADAS lidar series production program, Komodo successfully achieved production-ready status and is expected to begin…

WednesdayApr 19, 2023 11:41 am

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Featured in Equity Research Report

BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, was featured in an equity research report published by Aegis Capital Corp. In the report, Aegis Capital maintained a buy rating for BVXV at a $70 target price. The publication reads, “R&D expenses for 2022 of $5.8 million were in-line with our expectations and G&A expenses were a bit higher than estimated at $5.3 million. We believe R&D expenses could rise to $7 million in 2023 as the company licenses additional NanoAb candidates and assuming that…

WednesdayApr 19, 2023 11:01 am

NetworkNewsBreaks – SideChannel Inc.’s (SDCH) Experienced Team Helping Companies Build Effective Cybersecurity Programs

SideChannel (OTCQB: SDCH), a company founded with the belief that all companies deserve top-tier security guidance at a manageable cost, has a team of expert virtual Chief Information Security Officers (“vCISOs”) and virtual Chief Privacy Officers (“vCPOs”) who help companies build resilient cybersecurity and privacy programs, respectively. “Leveraging years of actual enterprise experience, SideChannel’s vCISOs provide clients with risk assessments that ensure cybersecurity compliance and help them develop a strategic vision, allocate resources and create protocols to maintain an effective cybersecurity program,” a recent article explains. “It is common knowledge that addressing cyber risk is increasingly challenging for companies and…

TuesdayApr 18, 2023 1:48 pm

NetworkNewsBreaks – IBN’s Web3MediaWire Puts Readers Front and Center to the next Generation of Internet Technologies

IBN, a multifaceted financial news and publishing company for private and public entities, today announced the launch of Web3MediaWire as part of its continued commitment to communications solutions that deliver both targeted distribution and mass exposure. The launch of Web3MediaWire, a specialized communications platform focused on the next generation of internet technologies, is IBN’s latest foray into the “next big thing.” The platform covers companies and events spotlighting unique opportunities and the huge potential of Web3 to improve data security, enhance scalability and increase engagement among diverse audiences. As Web3 continues to evolve, Web3MediaWire is the place to keep pace…

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