NetworkNewsBreaks

TuesdayDec 19, 2023 3:45 pm

NetworkNewsBreaks – Why Vision Marine Technologies Inc. (NASDAQ: VMAR) Is ‘One to Watch’

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader and innovator within the performance electric recreational boating industry. “The company is engaged in designing and manufacturing electric outboard powertrain systems and related technology… Vision Marine manufactures hand-crafted, highly durable, low maintenance, environmentally friendly electric recreational powerboats. The company’s business segments include the sale and rental of electric boats, with the majority of its revenue attributable to electric boat sales. The designs and technology applied to Vision Marine’s boats result in enhanced performance, higher speeds and longer range. Put simply, Vision Marine boats offer a smoother ride than a traditional…

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TuesdayDec 19, 2023 3:15 pm

NetworkNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Looking to Triple Daily Crude Output with Launch of Second Phase of Drilling Program

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), an oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada, announced that its sixth horizontal well had successfully commenced production as of early November, only weeks after the resumption of its horizontal infill drilling program. “Prospera has recently launched the second phase of its drilling program, centered around drilling 10 horizontal well locations across its Cuthbert and Hearty Hill properties, with the eventual goal of tripling the company’s daily crude output in 2023. The company revealed that the initial batch of five horizontal wells…

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TuesdayDec 19, 2023 1:43 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Effect 1-for-100 Reverse Stock Split, CEO Releases Letter to Shareholders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that it will effect a 1-for-100 reverse stock split of its common stock, par value $0.001 per share. According to the announcement, the stock split will be effective Dec. 21, 2023, at 12:01 a.m. ET. The company’s common stock will continue to trade on the NASDAQ exchange under the existing symbol — MULN — and will begin trading on a split-adjusted basis when the market opens on Dec. 21, 2023. A proposal to authorize the reverse stock split was approved by company stockholders at a Special Meeting of Stockholders; Mullen Automotive’s…

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TuesdayDec 19, 2023 1:34 pm

NetworkNewsBreaks – IBN Announces Cutting-Edge Upgrades to Deliver Unparalleled Digital Engagement

IBN, a multifaceted financial news and publishing company, today announced its server upgrade on the Google Cloud Platform. The move continues IBN’s commitment to technological innovation and digital engagement solutions that deliver significant results for IBN client-partners. The company is migrating from current servers to the new C3D machines due to their reliability and more powerful and consistent security and performance capabilities. IBN has assessed that the C3D machine’s response time is anywhere from 20%-50% faster than the average response time of the current architecture. C3D speed is enhanced by unlimited IO throughput, newer CPUs with higher clock speeds and…

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TuesdayDec 19, 2023 1:03 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave's quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.”…

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TuesdayDec 19, 2023 12:41 pm

NetworkNewsBreaks – Innovators and Ideas Showcased at 12th Annual Benchmark Discovery Conference

Some of the best and brightest trends and innovators from the Benchmark Company’s 12th Annual Discovery Conference were featured in a recent Nasdaq news article written by Ari Zoldan, CEO of Quantum Media Group and Adjunct Professor at Yeshiva University. The piece shines the spotlight on various companies, all operating in high-growth sectors and developing cutting-edge technologies with the potential for tremendous future gains. Featured companies include Ideal Power Inc. (NASDAQ: IPWR), which has patented a unique bidirectional semiconductor power switch that’s designed for applications in which energy efficiency is of the utmost importance; and Know Labs Inc. (NYSE: KNW),…

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TuesdayDec 19, 2023 12:33 pm

NetworkNewsBreaks – ECD Automotive Design Inc. (NASDAQ: ECDA) Completes Strategic Business Combination

ECD Automotive Design (NASDAQ: ECDA), the industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars and other classic and collectible automobiles, recently announced the successful closing of the business combination between Humble Imports Inc. d/b/a ECD Auto Design and EF Hutton Acquisition Corporation I (“EFHT”) (NASDAQ: EFHT), a special purpose acquisition company formed by affiliates of EF Hutton. The common shares of the combined company, which will operate as ECD Automotive Design Inc., have commenced trading on the Nasdaq Global Market under the ticker symbol ECDA. “This transaction and a Nasdaq listing positions ECD to accelerate our…

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MondayDec 18, 2023 2:37 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) COO Featured in Most Recent Proactive Video Interview Focused on Cost-Efficiency, Strategic Partnerships

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton chief commercial officer Mitch Hourtienne is the featured guest on the latest video interview from Proactive. During the segment, Hourtienne and Proactive host Steve Darling talked about the evolution of LiDAR technology, including the fact that in the past decade-plus, the cost of LiDAR has decreased, making the technology more widely accessible. During his comments, Hourtienne explained Cepton’s commitment to cost efficiency, noting the company’s use of a low-cost base material and strategic supplier partnerships. Hourtienne also mentioned that the company opted to…

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MondayDec 18, 2023 2:32 pm

NetworkNewsBreaks – VenHub Is Setting New Benchmarks in Realm of Retail Technology

VenHub, a division of Autonomous Solutions, Inc., today announced the remarkable milestone of over 300 pre-orders for its state-of-the-art Smart Stores. VenHub attributes the achievement to a resounding vote of confidence in its vision of the future of retail—a future where technology and customer-centric design converge to create unparalleled shopping experiences. With a revolutionary business model of autonomous retail solutions, the achievement signifies VenHub’s rapid movement from a visionary idea to a tangible reality, setting new benchmarks for what is possible in the realm of retail technology. “This is a momentous milestone for VenHub,” said VenHub CEO Shahan Ohanessian. “It’s…

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MondayDec 18, 2023 2:27 pm

NetworkNewsBreaks – Blockchain Life 2024 Looks to Set Record Attendance Levels at Crypto Event of the Year

Blockchain Life 2024, one of the main crypto events of the year, is anticipating more than 8,000 crypto enthusiasts will come together at its upcoming April event. Held at the globally recognized crypto capital of Dubai, the event is scheduled for April 15–16, 2024, and will create a premium community of crypto whales and industry leaders. Although many speakers and presenters will be announced in the coming weeks, event organizers have released an initial list of renowned industry speakers, including Justin Sun (founder of TRON and member of the HTX Global Advisory Board; Sergei Khitrov, founder of Blockchain Life, Jets.Capital…

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