Day: August 24, 2020

TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Deveron UAS Corp. (CSE: DVR) (“Deveron” or the “Company”) a leading agriculture digital services and insights provider in North America, is pleased to announce revenue growth of 54% year over year to $1,123,867 in Q2 2020.  This marks a major milestone for the Company, as it has successfully sold over $1 million in products and services for the first time in one quarter since the Company’s founding.Second Quarter 2020 Financial and Operational HighlightsThe Company’s financial performance improved over the previous year’s quarter, driven by higher margin data insight solutions, led by the Company’s acquisition of Texas based Better Harvest, and the doubling of farm acres serviced from its data collection division.  For the three-month financial results ended June 30, 2020 (and comparable...

NEW YORK, NY, REHOVOT, Israel, and SINGAPORE, Aug. 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Todos Medical Ltd. (OTCQB: TOMDF), an in vitro diagnostics company focused on distributing comprehensive solutions for COVID-19 screening and diagnosis, and developing blood tests for the early detection of cancer and Alzheimer’s disease, today announced that it has entered into a sales agreement with a Texas-based laboratory to supply it with the necessary testing equipment and supplies for an initial amount in excess of $1.28 million. Todos will be supplying automated extraction machines, liquid handlers and PCR machines. The initial contract is for 8 months. Todos has also been granted a priority right to supply the lab with up to 75,000 COVID PCR tests per day in the event the laboratory sees significant additional testing...

BRIDGEVILLE, Pa., Aug. 24, 2020 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) Universal Stainless & Alloy Products, Inc. (NASDAQ: USAP) (“Universal Stainless” or the “Company”)  announced today that its Board of Directors (the “Board”) has adopted a Tax Benefits Preservation Plan (the “Plan”) designed to protect the availability of the Company’s existing net operating loss carryforwards (“NOLs”), tax credit carryforwards and other tax attributes (collectively, the “Tax Benefits”), which can potentially be utilized in certain circumstances to reduce the Company’s future income tax obligations.As of December 31, 2019, the Company had estimated U.S. federal NOLs of approximately $8.6 million, state NOLs of approximately $8.8 million, U.S. federal tax credit carryforwards of approximately $5.2...

DUBLIN, Aug. 24, 2020 (GLOBE NEWSWIRE) — The board of directors of Medtronic plc (NYSE:MDT) on Friday, August 21, 2020, approved the fiscal year 2021 second quarter cash dividend of $0.58 per ordinary share, representing a 7 percent increase over the prior year. This quarterly declaration is consistent with the dividend announcement made by the company in June 2020. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 43 consecutive years. The dividend is payable on October 16, 2020, to shareholders of record at the close of business on September 25, 2020.About MedtronicMedtronic plc (www.medtronic.com), headquartered in Dublin, Ireland, is among the world’s largest medical technology, services and solutions companies – alleviating pain, restoring health...

STEINHAUSEN, Switzerland, Aug. 24, 2020 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has amended its previously announced exchange offers (the “Exchange Offers”) to exchange certain existing notes (the “Existing Notes”) for up to an aggregate principal amount of $750 million (subject to increase or decrease by Transocean Inc., the “Maximum New Notes Amount”) of new notes (the “New 2027 Senior Guaranteed Notes”) issued by Transocean Inc., and terminated the related solicitation of consents (the “Consent Solicitations” and, together with the Exchange Offers, the “Offers”).As of 5:00 p.m., New York City time, on August 21, 2020 (the “Original Early Tender Time”), $1.13 billion in aggregate principal amount of Existing...

FALLS CHURCH, Va., Aug. 24, 2020 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, has entered into a teaming agreement with Alion Science and Technology (prime contractor) on a task order supporting the U.S. Navy’s Integrated Training Environment initiative, which modernizes training for combat readiness. The total value of the Alion task order is $896 million if all options are exercised.The primary purpose of the initiative is to provide an integrated program that will enable a continuous, multi-domain, live, virtual and constructive training platform across multiple physical locations throughout the Navy training enterprise. The award to Alion will integrate two training ranges, including the Southern California Off-Shore Range, into NITE. That training...

NEWPORT BEACH, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) announced that Ault & Company converted $600,000 of its $1,000,000 8% convertible promissory note issued on February 5, 2020 into 413,793 shares of the Company’s common stock. The Company’s stockholders approved the conversion of the $1,000,000 convertible promissory note issued to Ault & Company, Inc. into shares of DPW common stock at $1.45 per share at the July 8, 2020 Company’s special meeting of stockholders, as required by NYSE rules.Mr. Milton C. Ault, III, the Company’s Chief Executive Officer and Chairman, said, “This conversion into DPW common stock by Ault & Company demonstrates its belief in the progress being achieved by the Company and its subsidiaries,...

– Company to Host Investor Update Call Today at 8:00 am ET –Charlotte, N.C., Aug. 24, 2020 (GLOBE NEWSWIRE) — Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, will host an investor call to provide a business update and outlook, followed by a Q & A session this morning at 8:00 a.m. EDT. The call-in numbers are 877-407-3982 (domestic) or 201-493-6780 (international). The conference call will be webcast live on the Company’s website and will be available for playback at the following URL: https://ir.akoustis.com/ir-calendar.Jeff Shealy, founder and CEO of Akoustis, commented, “The June quarter delivered a strong finish to fiscal year 2020 as we began shipping RF...

REDWOOD CITY, Calif., Aug. 24, 2020 (GLOBE NEWSWIRE) — Sumo Logic, Inc. (“Sumo Logic”) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Sumo Logic has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “SUMO”.Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the offering. RBC Capital Markets and Jefferies are acting as book-running managers for the offering and William Blair, Cowen, Piper Sandler and BTIG are acting as co-managers for the offering.The offering will be made only by means of a prospectus....