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Month: August 2020

Construction Equipment Market to Rise at 2.8% CAGR till 2027; Growing Popularity of Equipment Rental Services in Construction Sector to Boost the Market: Fortune Business Insights™

Pune, Aug. 24, 2020 (GLOBE NEWSWIRE) — The global construction equipment market size is projected to reach USD 160.84 billion by 2027, exhibiting a CAGR of 2.8% during the forecast period. Surging demand for construction activities will be one of the primary growth drivers for this market, finds Fortune Business Insights™ in its recent report, titled “Construction Equipment Market Size, Share and COVID-19 Impact Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, Road Building Equipment, Civil Engineering Equipment, Crushing and Screening Equipment and Other Equipment), By Application (Residential, Commercial & Industrial) and Regional Forecast, 2020-2027”.Click here to get the short-term and long-term impact of COVID-19 on this Market.Please visit: https://www.fortunebusinessinsights.com/industry-reports/construction-equipment-market-100521An...

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OMNIQ Corp. Receives $2.2 Million in Orders from a Worldwide Leader in the Transport and Logistics Sector for Supply of Mobile Data Collection and Communication Devices

Total project value expected to be approximately $3.0 million in 2020Customer operates over 100 warehouses in the U.S. with over 40 million sq. ft. of warehousing spaceSALT LAKE CITY, Aug. 24, 2020 (GLOBE NEWSWIRE) — OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced that it has received orders with a total value of approximately $2.2 million from a leading global transport and logistics company. OMNIQ expects to receive additional orders from the same customer of approximately $0.8 million during the remainder of the third and fourth quarters of 2020. The orders are for the supply of mobile data collection devices equipped with advanced communication capabilities.The customer is an industry-leading third-party logistics (3PL) company...

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Genomics Market Size to be Worth US$ 62,614.6 Mn by 2026, Investments by Government to Encourage Growth: Fortune Business Insights

Pune, Aug. 24, 2020 (GLOBE NEWSWIRE) — In 2018, the Genomics Market Size was valued at US$ 15,888.8 Mn and it is anticipated to reach US$ 62,614.6 Mn by 2026. The gradual shift from traditional medicine to precision medicine is positively changing the healthcare environment. Genomics plays a crucial role in the treatment and diagnosis of chronic diseases.   Genomics is most commonly used for the diagnosis of cancer. Recent advancements in personalized medicine and genomics have bought significant transformations in disease management. The growing use of genomics in several clinical trials is reflecting a growing trend. Consequently, the global market is expected to rise at an exponential CAGR of 18.7% between 2018 and 2026.Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/genomics-market-100941Adoption...

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Advanced Energy Storage System Market to Reach US$ 211.2 Billion; Increasing Mergers and Acquisitions Will Enable Growth, says Fortune Business Insights

Pune, Aug. 24, 2020 (GLOBE NEWSWIRE) — The global advanced energy storage system market size is predicted to reach USD 211 billion by 2026, exhibiting a CAGR of 4.82% during the forecast period. The growing requirement for transmission & distribution stations can be a critical factor bolstering the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Advanced Energy Storage System Market Size, Share and Industry Analysis By Technology (Solid State Battery, Flow Battery, Thermal Energy Storage, Pumped Hydro Storage), By Application (Residential, Commercial, Industrial, Utility) and Regional Forecast 2019-2026” the market size stood at USD 145 billion in 2018. The growing procurement of renewable energy to cater to the rising demand for energy will enable speedy growth of the...

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Deveron Reports Continued Revenue Growth in Q2

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...

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Todos Medical Announces $1.2 Million Contract for COVID-19 PCR Testing Equipment & Supplies with Texas-based Laboratory

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...

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Universal Stainless Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits

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...

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Medtronic Announces Cash Dividend for Second Quarter of Fiscal Year 2021

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...

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Transocean Ltd. Announces Early Results, Extension of Early Tender Time, Amendment to Exchange Offers and Termination of Consent Solicitations

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...

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PAE Teams with Alion to Support Navy Training Initiative on $896M Seaport-NxG Task Order  

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...

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