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Month: March 2020

Infinera and Corning Achieve 800G Across 800 Kilometers with ICE6

SUNNYVALE, Calif., March 03, 2020 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) and Corning Incorporated (NYSE: GLW) announced today the industry-leading achievement of delivering an 800 gigabits per second (800G) single wavelength with Infinera’s sixth-generation Infinite Capacity Engine (ICE6) technology across 800 kilometers (km) on Corning’s TXF® optical fiber. The success of Infinera and Corning’s 800G trial demonstrates the benefits of an industry leading coherent 800G solution with superior fiber designed to help meet growing bandwidth demands for network operators from metro to subsea network applications.The demonstration leveraged Infinera’s ICE6 technology in a Groove (GX) Series platform transmitting 800G using 64QAM with probabilistic constellation shaping (PCS). This record-breaking achievement was accomplished using...

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Aerojet Rocketdyne Provides World’s Most Powerful Hydrogen-Fueled Rocket Engine for Display at INFINITY Science Center

STENNIS SPACE CENTER, Miss., March 03, 2020 (GLOBE NEWSWIRE) — Aerojet Rocketdyne, the nation’s leading provider of space propulsion and power systems, has made arrangements with the INFINITY Science Center to have the world’s most powerful hydrogen-fueled rocket engine, the RS-68, on display for public viewing. Aerojet Rocketdyne is providing the engine to the INFINITY Science Center under a long-term loan agreement.“Part of our mission at Aerojet Rocketdyne is to inspire future generations who will carry forward our legacy of space exploration, which closely aligns with the mission of the INFINITY Science Center,” said Eileen Drake, Aerojet Rocketdyne CEO and president. “The RS-68 rocket engine is an impressive feat of engineering. Having it on display at the center where visitors can see it close up may provide just the spark...

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CellCube Provides Update on the Sale of Enerox and Audit

TORONTO, March 03, 2020 (GLOBE NEWSWIRE) — CellCube Energy Storage Systems Inc. (“CellCube” or the “Company”) (CSE:CUBE), wishes to provide an update on the sale of Enerox GmbH (“Enerox”) as well as an update on the Company’s audited financial statements. The sale of Enerox to a consortium of investors, as previously reported, is progressing but more time and due diligence is required by the investors.  There can be no assurance the investors will complete the transaction, but they continue to fund the ongoing working capital requirements of Enerox, as per the Initial Share Purchase Agreement signed in December 19, 2019. The Company continues to work closely with the investors in hopes of finalizing a transaction in the near future.The June 30, 2019 Audit is progressing towards completion.  The main issue with the delay has been...

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Relevium Ships First Purchase Order Release of $130,000 to Middle East Customer

MONTREAL, March 03, 2020 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to announce that the Company’s subsidiary, BGX E-Health LLC (“BGX”), has shipped a total of CAD $130,000 worth of generic formulations to its customer, Innova Health Care based in Saudi Arabia.This represents the first shipment of the initial CAD $1,000,000 purchase order the Company received, as mentioned in a press release dated October 30th2019.CEO of Relevium Mr. Useche stated “This first shipment to our international customer presents a new milestone for the Company as it embarks on expanding with global partners around the world for generic formulations and nutraceuticals.” Mr. Useche stated further “Our manufacturing partnerships have enabled us to expand our footprint...

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Kelly Services® to Participate in the STRH 2020 Technology, Internet & Services Conference

TROY, Mich., March 03, 2020 (GLOBE NEWSWIRE) — Kelly Services (Nasdaq:  KELYA, KELYB), a global leader in providing workforce solutions, today announced it will be participating in the STRH Technology, Internet & Services Conference on March 10 and 11, 2020. The conference will be held at the Lotte NY Palace hotel located at 455 Madison Ave, New York, NY 10022.Olivier Thirot, executive vice president and chief financial officer, and James Polehna, senior vice president and corporate secretary, will be participating in one-on-one meetings.About Kelly ServicesKelly Services, Inc. (Nasdaq: KELYA, KELYB) connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world...

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Virtu Announces Preliminary Results Year To Date through Feb 2020

NEW YORK, March 03, 2020 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) (“Virtu” or the “Company”), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, ahead of investor meetings, today announced preliminary estimates of its top line results for year to date through February 29, 2020. Results for the first quarter 2020 are scheduled to be reported on May 7, 2020.On a preliminary estimated basis, Virtu expects its results of operations for the two months ended February 29, 2020 to reflect:Trading Income, net between $226 and $234 million; Adjusted Net Trading Income* between $230 and $240 millionAverage Daily Adjusted Net Trading Income* between $5.75 and $6.00 million per day*...

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CHF Solutions, Inc. Announces Fourth Quarter Financial Results and Provides Company Update

EDEN PRAIRIE, Minn., March 03, 2020 (GLOBE NEWSWIRE) — CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the fourth quarter and year ended December 31, 2019, which included the following highlights:Received 510(k) clearance in the U.S. and CE Mark in the EU for adult and pediatric patients who weigh 20 kg or more and for the next generation Aquadex console, which will be sold as Aquadex SmartFlow™. Announced expansion of commercial presence in Europe with distribution arrangement for Germany, Austria and Switzerland.Announced presentation of clinical data from an investigator-initiated analysis at the American Society of Kidney Week highlighting the efficacy and simplicity of use of Aquadex FlexFlow in treating patients in critical care settings such as cardiogenic shock, anasarca, ATN with fluid overload, ESRD...

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Autolus Therapeutics Reports Fourth Quarter and Full Year 2019 Financial Results and Operational Progress

– Conference call to be held on March 3, 2020 at 8:30 am EST/1:30 pm GMT –LONDON, March 03, 2020 (GLOBE NEWSWIRE) — Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced its operational and financial results for the fourth quarter and full year ended December 31, 2019.“It has been an exciting year of progress for Autolus concluding with the presentation of encouraging AUTO 1 and AUTO 3 clinical data at the ASH conference in December 2019.  AUTO1 is poised for a pivotal Phase 2 clinical trial starting in the first half of 2020, and AUTO3 is progressing to a Phase 2 decision point in mid-2020,” said Dr. Christian Itin, chairman and chief executive officer of Autolus. “Supported by a strong balance sheet and alongside the...

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