NetworkNewsBreaks

TuesdayJan 07, 2025 10:58 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Highlight Quantum Computing Advances at Needham Growth Conference

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leading quantum computing company, announced that it is participating in the 27th Annual Needham Growth Conference on Jan. 14, 2025. A fireside chat will feature CEO Dr. Alan Baratz and Needham senior analyst Quinn Bolton discussing D-Wave's advancements in quantum computing, its leadership in quantum optimization as a key use case, the growing application of its annealing technology in customer production environments, and the intersection of quantum computing and AI. To view the full press release, visit https://nnw.fm/QLzO7 About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum…

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TuesdayJan 07, 2025 9:10 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Opens New Distribution Center in Illinois to Enhance Logistics

Massimo Group (NASDAQ: MAMO), a powersports and pontoon boat manufacturer, has opened its sixth U.S. distribution center in Edwardsville, Ill., aiming to strengthen its logistics network and improve service efficiency. The facility will serve as a Midwest hub, reducing fulfillment times and optimizing expenses for the company and its partners. With six strategically located centers, including sites in New Jersey, California, Georgia, and Texas, Massimo is positioned to meet rising demand for its products. CEO David Shan highlighted the facility as a milestone in supporting growing demand while ensuring timely and reliable delivery. To view the full press release, visit https://ibn.fm/ZyrUC…

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MondayJan 06, 2025 2:09 pm

NetworkNewsBreaks – Expion360 Inc. (NASDAQ: XPON) Secures $2.6M in Registered Direct Offering, Private Placement

Expion360 (NASDAQ: XPON), an industry leader in lithium-ion battery power storage solutions, has announced the closing of its registered direct offering and concurrent private placement with institutional investors. The company issued shares of common stock and pre-funded warrants in a registered direct offering. In a concurrent private placement, the company also issued to the same investors warrants to purchase common stock. Expion360 secured aggregate gross proceeds of approximately $2.6 million from both transactions, which were priced at the market under Nasdaq rules. Aegis Capital Corp. acted as exclusive placement agent for the offerings. Stradling Yocca Carlson & Rauth LLP acted…

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MondayJan 06, 2025 1:48 pm

NetworkNewsBreaks – Solaris Energy Infrastructure Inc. (NYSE: SEI) Announces $156M Underwritten Public Offering

Solaris Energy Infrastructure (NYSE: SEI) recently announced the pricing of its underwritten public offering of 6,500,000 shares of its Class A common stock, par value $0.01 per share, at a public offering price of $24.75 per share, for total net proceeds of approximately $156 million. In connection with the offering, Yorktown Energy Partners X, L.P., a selling stockholder of the company, has granted the underwriters the option to purchase up to an additional 975,000 shares of Class A common stock on the same terms and conditions within 30 days. The company intends to contribute all net proceeds from the offering…

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MondayJan 06, 2025 1:25 pm

NetworkNewsBreaks – Rumble Inc.’s (NASDAQ: RUM) Financial Journey and Tether’s Investment Impact

Rumble (NASDAQ: RUM) is a company that went public in 2022, aiming to build an internet infrastructure free from censorship. It competes with major players like YouTube and AWS. Despite its ambitious goals, Rumble has faced financial challenges, reporting a net loss of $116 million in 2023 and an additional $102 million in the first three quarters of 2024. Shares of RUM have recently reached 52-week highs, experiencing a remarkable 300% increase in value since their January lows. This surge is largely due to a substantial $775 million investment from Tether Limited, the company behind the stablecoin Tether (“USDT”). Tether…

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MondayJan 06, 2025 10:45 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Presence with GPS and Domestic Violence Monitoring Contract in Alabama

SuperCom (NASDAQ: SPCB) has secured a contract with an Alabama government agency to deploy its advanced GPS tracking and domestic violence monitoring solutions, marking the company's fifth state entry since August 2024 and its 10th U.S. contract in 60 days. The agreement includes the implementation of SuperCom's PureSecurity GPS Tracking and PureProtect technologies, which feature real-time location tracking and anti-tamper mechanisms. This milestone reflects rapid U.S. market acceptance of SuperCom's offender electronic monitoring technologies, contributing to public safety and offender accountability. CEO Ordan Trabelsi highlighted the U.S. market's growth potential, noting its size and operational efficiencies compared to Europe, as…

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MondayJan 06, 2025 10:40 am

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Sells New York Solar Projects to Qcells in $49.5 Million Deal

SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced the sale of four ground-mount solar power projects under development in upstate New York to Qcells, a subsidiary of Hanwha Solutions (KRX: 009830). The projects, totaling 25.577 MW, will be developed and constructed by SolarBank under engineering, procurement and construction (“EPC”) agreements valued at approximately $49.5 million. These community solar projects, leveraging U.S.-manufactured equipment, are expected to benefit from New York's NY-Sun Program incentives. SolarBank anticipates retaining operations and maintenance contracts post-construction. Qcells highlighted its commitment to strengthening domestic solar manufacturing as part of a broader $2.8 billion investment in clean energy. To…

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MondayJan 06, 2025 10:29 am

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Advances SASB Field Gas Production with Well Enhancements

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has successfully installed 2 3/8” velocity string tubing in the Alapli-2 natural gas well, a key step in optimizing long-term gas production at the SASB field. The snubbing unit will next be transported to the East Ayazli tripod for a similar installation in the Bayhanli-2 well, expected to conclude within seven days, weather permitting. Following these operations, nitrogen stimulation will be conducted on both wells to further enhance production performance. To view the full article, visit https://nnw.fm/p0svq About Trillion Energy International Inc. Trillion Energy is focused on oil and natural gas production for Europe and…

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MondayJan 06, 2025 10:17 am

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Director Goran Pandev Named Sports Director for North Macedonia’s National Teams

Brera Holdings (NASDAQ: BREA) announced that board member Goran Pandev has been appointed Sports Director of all national teams by the Football Federation of Macedonia, effective Dec. 22, 2024. A celebrated figure in Macedonian football, Pandev is known for his achievements with top European clubs and his contributions to North Macedonia's international success. As founder and former president of FC AP Brera Strumica, Pandev has played a pivotal role in developing football talent in the region. Brera Holdings CEO Pierre Galoppi praised Pandev’s leadership, expressing confidence in his ability to enhance the national teams’ performance. To view the full press…

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MondayJan 06, 2025 10:06 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Strong Drill Results at Iska Iska Silver-Tin Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced assay results from its definition drilling program in the Santa Barbara starter pit area of the Iska Iska silver-tin polymetallic project in Bolivia. Highlights include significant mineralized intersections, such as Hole DSB-69, which returned 142.50m at 106.97g Ag eq/t, and Hole DSB-70, which intercepted 255.75m at 127.89g Ag eq/t. The drilling program confirms the project's potential with high-grade silver and tin zones. CEO Tom Larsen emphasized the economic potential of the deposit, with the results set to inform a Preliminary Economic Assessment (“PEA”) expected in late 2025. To view the full…

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