NetworkNewsBreaks

TuesdayAug 08, 2023 9:36 am

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Releases Q2 2023 Financial Report, Corporate Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has released its financial and corporate report for the second quarter, the period ended June 30, 2023. Financial highlights of the report include a 9% increase in total revenue with revenue coming in at $2.8 million; gross margins of 16%, a company record; and product revenue reaching $2.8 million, a 92% increase. Second quarter 2023 GAAP net loss was $14.2 million, with non-GAAP net loss reaching $11.8 million and adjusted EBITDA totaling $(12.6) million. Business highlights for the quarter included record shipments of lidar units in both the…

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MondayAug 07, 2023 3:00 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Showcase National Defense Solutions at Space and Missile Defense Symposium

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is collaborating with Davidson Technologies Inc. to create innovative new solutions to complex problems in the defense and aerospace sectors. Davidson Technologies is a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers. The two companies are participating in this week’s Space and Missile Defense Symposium.   According to the announcement, D-Wave and Davidson Technologies have built two new applications. The interceptor assignment app is designed to mitigate potential attacks by evaluating a multitude of complex…

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MondayAug 07, 2023 2:37 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) to Host 2Q Conference Call and Webcast

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has announced plans to hold its Second Quarter Town Hall Update to share current events and 2023 financial highlights following the filing of its 10-Q update with the U.S. Securities and Exchange Commission. The company’s CEO and Chairman William Santana Li will deliver a pre-recorded video update at the top of the meeting to cover Q2 2023 performance metrics followed by a live question-and-answer session with supporters, investors and analysts in an intimate online forum with no moderator. The announcement reads, “The conference…

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MondayAug 07, 2023 2:15 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Helping to Efficiently Move Commerce with Fr8App Solution

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a supply chain innovator, recently welcomed an extensive new pool of truck drivers working within the United States-Mexico-Canada Agreement (“USMCA”) trade area, expanding the reach of its platform and increasing the ability of commercial freight transportation networks to manage shipping loads of all sizes. “Fr8Tech recently announced completion of its collaboration with automated booking solutions platform Trucker Tools, integrating Trucker Tools’ extensive network of over 315,000 carriers across the United States with Fr8Tech’s load-matching solution Fr8App,” a recent article reads. “Fr8App streamlines the process of connecting shippers with carriers within the USMCA (formerly ‘NAFTA’), both…

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MondayAug 07, 2023 2:14 pm

NetworkNewsBreaks – EarthGrid, Icelandic Government Sign ‘Milestone’ MOU to Revolutionize Construction Industry

EarthGrid, a leading innovator in tunneling technology, has entered a memorandum of understanding (“MOU”) with the government of Iceland, signed by Iceland's minister of environment, energy and climate. The company stated that the MOU is a “significant milestone” in its mission to transform tunneling and infrastructure development. According to the announcement, the MOU marks a partnership between the two entities that “aims to revolutionize the construction industry and pave the way for groundbreaking infrastructure projects.” The MOU outlines the collaboration, which calls for EarthGrid to utilize its cutting-edge, torch-drilling technology in a range of projects throughout the country; these projects…

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MondayAug 07, 2023 1:58 pm

NetworkNewsBreaks – Nate’s Food Co. (NHMD) Announces 27% Reduction in Issued and Outstanding Shares

Nate’s Food Co. (OTC: NHMD) today announced that its officers and directors have unanimously agreed to cancel 1 billion common shares, representing a 27% reduction in issued and outstanding shares. According to the update, of the total 1 billion shares approved for cancellation, 500 million common shares have already been successfully cancelled. The process is currently underway to cancel the remaining 500 million shares through the company’s transfer agent. The move to cancel the common shares is part of Nate’s Food Co.’s strategy to optimize its capitalization, streamline operations and position for possible joint ventures or acquisitions. To view the…

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MondayAug 07, 2023 1:02 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc.’s (NASDAQ: CNSP) Berubicin Distinguished with Unique Capabilities

CNS Pharmaceuticals (NASDAQ: CNSP), a Texas-based cancer drug innovator, is focused on advancing its potentially pivotal clinical trial to track the effectiveness of drug candidate Berubicin in treating glioblastoma (“GBM”) brain cancers. Berubicin has already produced one patient with over 15 years of GBM survival. “Berubicin distinguishes itself by being virtually unique in its status as a cancer-fighting anthracycline that crosses the blood-brain barrier to attack central nervous system tumors directly. Berubicin also distinguished itself by presenting statistically significant improvement in nearly half of the two dozen patients evaluated in a phase I trial in 2006, including one patient whose…

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MondayAug 07, 2023 12:50 pm

NetworkNewsBreaks – FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Eyes 2024 Delivery of FP300 Commercial Systems, Answering Larger-Scale Need with FP1500

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is a green technology company committed to developing commercially viable and sustainable onsite containerized green ammonia production systems. In early May, the company announced that it had begun running the final commissioning of its first farm-ready demonstration system, a production unit capable of producing 300 kg per day of green anhydrous ammonia or a little over 100 metric tons per year. Aptly named the FP300 model, the system will be heavily monitored for a full year on the 11,000-acre crop farm of Tracy and Curtis Hiebert, with the results shaping future systems being built concurrently…

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MondayAug 07, 2023 11:16 am

NetworkNewsBreaks – GEMXX Corp. (GEMZ) Issues Corporate Update, Eyes Expansion Plans

GEMXX (OTC: GEMZ), a leader in the Ammolite Gems mine-to-market segment, recently provided a corporate update and highlighted the company’s achievements and its accomplishment of significant milestones. The company controls each stage of its production, which includes gold mining, gemstone production, jewelry manufacturing, and global distribution. Its management team consists of the industry’s leading experts with a combined 160 years of gold, gemstone and jewelry business experience. “We are tremendously pleased with the development of the company over the past several months, and we are extremely excited for the anticipated growth,” Jay Maull, GEMXX CEO, said in the news release.…

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MondayAug 07, 2023 11:08 am

NetworkNewsBreaks — AtomBeam Technologies Inc. Announces Webinar with Top Management

AtomBeam Technologies, a pioneering data-compaction software company, has scheduled a fireside chat webinar hosted by CEO Charles Yeomans and chief scientist officer Joshua Cooper. During the event, the AtomBeam leaders will discuss the company’s groundbreaking innovations. The fireside chat is slated for Aug. 18, 2023, at 11 a.m. PST. A professor of mathematics at the University of South Carolina, Cooper has built an impressive resume in data science and machine learning. He has published more than 40 papers covering everything from discrete mathematics to computer science. “We are thrilled to bring together the expertise of our CEO, Charles Yeomans, and our…

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