NetworkNewsBreaks Archive - Page 284 of 1736

ThursdayNov 17, 2022 1:29 pm

NetworkNewsBreaks — BIT Mining Ltd. (NYSE: BTCM) Releases Q3 2022 Unaudited Financial Report

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, is reporting unaudited financial results for its third quarter, the period ended Sept. 30, 2022. The report notes that BIT Mining has four primary business segments — self-mining, mining pool, data center operation and mining machine manufacturing — and the company is pursuing a deliberate development strategy that focuses on global cryptocurrency mining operations. A few highlights of the report include a note that Bee Computing, BTCM’s subsidiary, has designed a new generation of highly efficient Bitcoin ("BTC") and Dogecoin ("DOGE")/Litecoin ("LTC") mining machines based on the most advanced technology. During the quarter, the company also…

ThursdayNov 17, 2022 12:15 pm

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Announces Next-Gen Lidar Product Honor, New Collaboration

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has been recognized for Vista(R)-X120 Plus, its new automotive lidar product. VistaX-120 was named a 2023 honoree in the Vehicle Tech & Advanced Mobility category of the CES Innovation Award program. Cepton plans on unveiling Vista-X120 Plus at CES 2023, which will be held in Las Vegas on Jan. 5-8, 2023. According to the company, the next-generation lidar product features a unique combination of ultra-slim and small-form-factor, top-end performance and real-time adaptive 3D perception. Vista-X120 Plus offers the next level of perception capabilities to “see” finer objects from…

ThursdayNov 17, 2022 12:05 pm

NetworkNewsBreaks – Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Achieves 217% Revenue, 142% Gross Margin Increases in Q3-2022

Reklaim (TSX.V: MYID) (OTCQB: MYIDF), the destination for consumers to access and reclaim their data, today announced the filing of Q3-2022 financial results for the three and six months ending Sept. 30, 2022 (“Q3-2022”). Among the highlights, the company reported a 217% increase in annual revenue to $1,642,380 from $558,342 in 2021 (“Q3-2021”), as well as a gross margin of $101,033, reflecting an increase of 142% from the same period last year. “The shift in the data market to one of privacy and compliance continues to accelerate with more and more companies looking for a partner who can solve these…

ThursdayNov 17, 2022 11:56 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Closes on ELMS Asset with $150M Funding

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received $150 million funding, which the company will use in part to close on ELMS assets. According to the announcement, the company can now fund and close on ELMS assets and complete engineering, preparation and launch of EVs. ELMS assets include a factory in Mishawaka, Indiana; all ELMS IP, which includes essential manufacturing data for the assembly of the class 1 van and class 3 cab chassis; all inventory including finished and unfinished vehicles, part modules, component parts, raw materials and tooling; and all property including equipment, machinery, supplies, computer hardware,…

ThursdayNov 17, 2022 11:27 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Accounting VP, Controller

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, has named Sarah Li as vice president of accounting and InMed controller; the change will be effective Nov. 20, 2022. Li is replacing Brenda Edwards, who has been serving as interim chief financial officer for the company. Edwards joined InMed in the interim contract role in March after the company’s CFO retired. “We are pleased to announce this promotion of Ms. Li to her new position as VP of Accounting and Controller,” said InMed president and CEO Eric A. Adams in…

ThursdayNov 17, 2022 11:03 am

NetworkNewsBreaks – CubCrafters Inc.’s Green Light for Public Offering Featured in General Aviation News

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in an article published by General Aviation News. The piece describes how investors can become part owners of CubCrafters now that the Securities Exchange Commission (“SEC”) has qualified the company for a $50 million public stock offering using the Regulation A+ exemption, which allows for the first outside investment in the history of the company. “Advised by Manhattan Street Capital, CubCrafters intends to raise up to $50 million from its fans, customers, aviation enthusiasts, the investment community, and the general public. The offering…

ThursdayNov 17, 2022 10:56 am

NetworkNewsBreaks — MetAlert Inc. (MLRT) Distributor Unveils 4G GPS SmartSole Device in Canada

MetAlert (OTC: MLRT), a pioneer in the field of wearable GPS human and asset tracking and remote patient monitoring, has launched its award-winning wearable medical monitoring device in the Canadian market through distributor Red Dot Alerts. MLRT’s 4G GPS SmartSole is integrated into an orthotic insole, enabling location data to be gathered remotely and discreetly. As part of the launch, the company unveiled a media campaign including radio and magazine ads along with mailers sent to medical clinics, hospitals, pharmacies, and senior residence facilities across Canada. The campaign promotes the “game-changing” device, which monitors individuals who may wander off and…

ThursdayNov 17, 2022 10:52 am

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) CEO Featured in The Times of Israel Article

BiondVax (NASDAQ: BVXV) is a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious diseases and autoimmune diseases. The company’s CEO Amir Reichman, as an international subject matter expert on pharmaceutical manufacturing and supply chains, has been consulted by members of U.S. Congress about related topics of interest. In 2021, Reichman participated in meetings in Washington, D.C., and earlier this year BiondVax welcomed a congressional delegation to its offices and GMP biologics manufacturing facility in Jerusalem. A Times of Israel article explains details about Congress’s interest in near-shoring the U.S. medical supply…

WednesdayNov 16, 2022 5:04 pm

NetworkNewsBreaks – Coyuchi Inc. to ‘Bring the Brand to Life’ in New Palo Alto Store

Coyuchi, the first organic luxury home goods brand for sustainable living, has announced the opening of its new store in Palo Alto, California. Located in a neighborhood center with specialty shops and restaurants known as the Town & Country Village, Coyuchi is neighbored by like-minded luxury stores such as Sur La Table, Diptyque, Marine Layer, Hudson Grace and more. “With the addition of our Palo Alto store, Coyuchi aims to give customers something they can only get in-person: the opportunity to feel the difference in quality in their own hands,” said the company’s CEO and President Eileen Mockus. “This new…

WednesdayNov 16, 2022 5:00 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds Four New Client Locations, Continues Impressive Growth Expansion

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), announced the deployment of its proprietary ASRs to four new locations. The new agreement represents the growing reach and versatility that Knightscope offers as it works to protect individuals, property and possessions across an array of different verticals. One new ASR will be providing key surveillance at a leading U.S.-based operator of casinos and gaming facilities with more than three dozen casino locations; this is the second K5 ASR activated by this client and the first Knightscope ASR deployment in the state of Iowa. A second K1 ASR was…

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