NetworkNewsBreaks

TuesdayAug 01, 2023 10:53 am

NetworkNewsBreaks – Ocean Biomedical Inc. (NASDAQ: OCEA) Shares Promising Results on World Lung Cancer Day

On World Lung Cancer Day, Ocean Biomedical (NASDAQ: OCEA) shared details of its multipronged lung cancer program built on novel immunotherapy discoveries by Scientific Co-founder Dr. Jack A. Elias. According to the announcement, Dr. Elias and his team have revealed that Chitinase 3-like-1 (“CHi3L1”) is a master regulator that inhibits antitumor immune responses. Ocean Biomedical’s lung cancer program is advancing several approaches to reversing immune system suppression caused by CHi3L1 alone and in combination with other immunotherapy pathways. The programs suppress primary and metastatic tumor growth in numerous animal models and hold potential use in multiple forms of visceral cancers.…

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MondayJul 31, 2023 3:35 pm

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Positioning as Supplier of High-Purity Natural Graphite for High-Tech Applications

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) is among companies offering to revive the domestic critical mineral supply chain in a bid to help the United States transition to a clean energy future. “As a strategic minerals company committed to locating and developing strategic metals and advanced materials projects, Reflex Advanced Materials aims to improve domestic specialty mineral infrastructure efficiencies to meet the soaring demand from North American manufacturers. This British Columbia-based critical minerals producer seeks to position itself as one of the only North American suppliers of high-purity natural graphite for high-tech applications after the 60-year-long break in the…

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MondayJul 31, 2023 2:29 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc.’s (ATDS) Comprehensive Suite Helping Businesses Stay Ahead of Cyber Criminals Worldwide

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, has focused its corporate mission around data mitigation, providing companies with the necessary software solutions to secure their data across devices and databases. “With over 10,000 customers across 100 countries, cyber threat intelligence (‘CTI’) has rapidly emerged as a key tactic used by Data443 to help businesses make informed decisions about their cybersecurity strategies. Data443 now manages and markets a myriad of tools designed to help businesses and customers safeguard their data against any potential breaches. From free data classification tools, secure archiving, and privacy managing to secure…

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MondayJul 31, 2023 1:30 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) K5 to Patrol Hospital in San Francisco Bay Area

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced that a California-based healthcare organization signed a new contract for its K5 ASR service at a San Francisco Bay Area hospital. The announcement reads, “The client is a national leader in healthcare quality with more than 20 hospital locations and over 50,000 employees serving healthcare needs across urban, suburban and rural communities. Healthcare organizations across the U.S. have partnered with Knightscope for many years to make advancements in various critical areas of physical security and in patient satisfaction. Knightscope is improving the…

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MondayJul 31, 2023 1:15 pm

NetworkNewsBreaks – Keen Vision Acquisition Corporation (NASDAQ: KVACU) Closes on Initial Public Offering, Overallotment Option

Keen Vision Acquisition Corporation (NASDAQ: KVACU), a blank check company incorporated as a British Virgin Islands exempted company for the purpose of effecting a merger, has closed on its initial public offering. The offering was comprised of 14,950,000 units at $10 per unit along with 1,950,000 units pursuant to the full exercise of the overallotment option by the underwriters. The public offering resulted in $149,500,000 for the company. According to the announcements, the units are listed on NASDAQ and began trading on July 25, 2023, under the ticker symbol KVACU; after the securities comprising the units begin separate trading, the…

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MondayJul 31, 2023 1:08 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Achieves 5-Year-Record Revenue, More than Doubles Revenue Growth across Multiple Metrics

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced its financial and operating results for the 2nd quarter and 1st half of 2023. In year-over-year comparisons, Q2 2023 revenue increased by 141% to $7.7 million, gross profit increased by 77% to $2.3 million, positive EBITDA improved to $0.9 million compared to -($0.7) million and non-GAAP EPS improved to $0.07 compared to -($0.50). Additionally, the trailing-twelve-month period ended June 30 and first half of the year both showed revenue more than doubling and over $2m improvement in EBITDA. In the press…

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MondayJul 31, 2023 1:01 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Buy’ Rating Maintained, WestPark Capital Increases Price Target

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services was spotlighted in a recent WestPark Capital Technology research report. On July 21st, WestPark Capital, a full-service investment banking and securities brokerage firm, adjusted its D-Wave FY23 revenue/EPS estimates to $12.0 million, maintained FY24 revenue/EPS estimates of $27 million, re-iterated its buy rating on QBTS,  and increased their 12-month price target by 100% from $3 to $6. WestPark Capital’s Kevin Garrigan stated “We believe D-Wave's quantum annealing system provides benefits and cost savings to commercial customers,” the report analysis stated. “Being the only company that has built…

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MondayJul 31, 2023 10:29 am

NetworkNewsBreaks – GEMXX Corporation (GEMZ) Releases Status Update on Financing Efforts

GEMXX Corporation (OTC: GEMZ) is making progress in financing its gold and Ammolite mining operations. According do a recent announcement, the company has developed relationships with new investors and partners that strengthen its financial position and support its growth plan. The company’s Form 1-A to raise up to $6 million is fully qualified, and shareholders, investors, institutions, and financiers interested in participating in the Regulation A financing can visit the company website for more information. In addition, GEMXX announced that it has come up with a short list of engineering firms capable of conducting National Instrument 43-101 reports on both its gold and…

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FridayJul 28, 2023 3:10 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces ASR Deployment to Vancouver Hotel, Next Stop in Robot Roadshow

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has deployed another K5 ASR; the robot was sent to a hotel in Vancouver, Washington. The new deployment is the latest in a growing number of deployments as Knightscope continues its momentum in providing safety and security in a wide array of spaces. The impact that KSCP ASRs have on hotel security is becoming increasingly recognized. “Modern security systems, like the one deployed by Knightscope here, are conspicuous, engaging and enjoyable for guests, while providing a natural deterrence to poor decisions that may lead…

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FridayJul 28, 2023 1:25 pm

NetworkNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Preparing to Meet Surging Graphite Demand as World Shifts to Electrification

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2), a strategic minerals company, is actively exploring its Ruby Graphite Project and aims to prove the economics of the historically producing mine and eventually position itself as the premier North American supplier of high-purity natural graphite for advanced technological applications. “RFLXF’s initial drilling program includes 3,500 total meters of drilling cored to an average depth of 130 meters. Targets for the drill program were identified using data gathered for the initial 43-101 technical report dated Jan. 31, 2023, and historical data from original mining operations,” reads a recent article. “Besides powering fuel cells,…

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