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Month: May 2021

Stantec selected to lead autonomous vehicle deployment at Las Vegas Medical District

Advanced mobility program will include autonomous vehicles connected to the wider intelligent transportation system EDMONTON, Alberta, NEW YORK and LAS VEGAS, May 11, 2021 (GLOBE NEWSWIRE) — TSX, NYSE: STN The Regional Transportation Commission (RTC) of Southern Nevada has selected global design firm Stantec to lead the implementation of the GoMed Program – its vision for safer and more efficient travel to, from, and within the Las Vegas Medical District (LVMD). The advanced mobility program will include planning and implementation for the seamless integration of autonomous vehicles (AVs), connected technologies, traffic and data management, and user software interface. The GoMed Program will be one of the first long-term deployments of AV shuttles in the world. “We are delighted to be a partner in this cutting-edge project. Las...

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Ocean Network Express (ONE) Launches Digital Freight Booking Platform Powered by Descartes Kontainers

WATERLOO, Ontario, May 11, 2021 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Singapore-based Ocean Network Express (ONE), the world’s sixth largest container carrier, is using the Descartes Kontainers solution to digitize the shipper-facing aspects of its freight execution operations in 11 Asian countries as part of a pilot program. “Shippers today need a more efficient and streamlined end-to-end freight booking experience,” Hiroki Tsujii, Managing Director, Marketing & Commercial said at ONE. “With the launch of our new digital platform ONE QUOTE, powered by Descartes Kontainers, customers can now receive an instant quote for export shipments and place bookings anytime, anywhere. It’s a one stop service that completely...

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Suncor and ATCO partner on a potential world-scale clean hydrogen project in Alberta

Our ATCO/Suncor decision to collaborate on this potential project follows welcome messages of support from both the Government of Canada and the Government of Alberta for emission-reduction projects and infrastructure. Such collaboration between governments and business and across sectors will be critical to progressing this project and achieving Canada’s net zero by 2050 goals.Project would produce more than 300,000 tonnes per year of clean hydrogen using advanced technology to capture more than 90% of the emissions generated in the hydrogen production process.Approximately 65% of the produced clean hydrogen would be used in refining processes and cogeneration of steam and electricity at the Suncor Edmonton Refinery, reducing refinery emissions by up to 60%.Approximately 20% of the produced clean hydrogen could be used in the Alberta...

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Sonoco Announces $150 Million Accelerated Share Repurchase

HARTSVILLE, S.C., May 11, 2021 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the largest global diversified packaging companies, today announced an agreement to repurchase $150 million of its outstanding common shares in an accelerated share repurchase (“ASR”) transaction with Wells Fargo Bank, N.A., using available cash on hand. Under the ASR agreement, Sonoco will pay $150 million in exchange for an initial delivery of approximately 1.75 million shares. The final number of shares to be repurchased under the ASR will be based on the Company’s volume-weighted average share price during the repurchase period, less a discount and subject to adjustments. The final settlement of the ASR transaction is expected to occur no later than the third quarter of 2021. According to Howard Coker, President and CEO, the ASR demonstrates Sonoco’s...

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Euronext N.V. Annual General Meeting results

Contacts Media Contact Investor RelationsAmsterdam +31 20 721 4133 Brussels +32 2 620 15 50 +33 1 70 48 24 27Dublin +353 1 617 4249 Lisbon +351 210 600 614  Milan +39 02 72 42 62 12 Oslo +47 22 34 19 15  Paris +33 1 70 48 24 45      Euronext N.V. Annual General Meeting results Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 11 May 2021 – Euronext, the leading pan-European market infrastructure, announced that in its Annual General Meeting that took place today, all items on the agenda were approved. These items were as follows:Proposal to adopt the 2020 remuneration report Proposal to adopt the 2020 financial statements Proposal to adopt a dividend of EUR 157.7 million in the aggregate Proposal to discharge the members of the Managing Board in respect of their duties performed during the year 2020 Proposal...

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RADA’s Q1 2021 Results: Continued Growth and Improved Profitability

Revenues of $25.2 million, Net income of $3.8 million & 19% of Adjusted EBITDA NETANYA, Israel, May 11, 2021 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA & TASE: RADA) announced today its financial results for the quarter ended March 31, 2021. Highlights of the first quarter of 2021Quarterly revenues up 67% year-over-year and an 8% increase from the previous quarter to $25.2 million Gross margin improved to 40% compared with 36% in the year-ago quarter Net income of $3.8 million compare with $0.2 million in the year-ago quarter Adjusted EBIDTA of $4.8 million: Adjusted EBITDA margin improved to 19%, compared with 6% in the year-ago quarter and 17% in the previous quarter Quarter-end net cash position of $96.2 million Reiterates 2021 revenues guidance of over $120 million with continued sequential...

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Blue Star Signs Supply Agreement With Leading National Foodservice Warehouse Supplier

CEO sees signs of improvement in the independent restaurant sector. Miami, Florida, May 11, 2021 (GLOBE NEWSWIRE) — Blue Star Foods Corp. (OTC:BSFC), (“Blue Star”), a sustainable seafood company, announces today that it recently signed a vendor agreement to supply two of its most popular trademarked brands “Blue Star” and “Pacifika”, to a leading national foodservice warehouse supplier. Under the terms of the agreement, for a 12-month term, starting in September 2021, Blue Star will supply pasteurized crabmeat, with a current market wholesale value (with applicable discounts) of up to approximately $31 million dollars, subject to certain conditions. “Since the March 2020 lockdown, we have not entered into a vendor agreement of this volume. As the national vaccination rollout continues and Covid-19 starts to potentially recede,...

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GBT Filed Patent Application for Integrated Circuit Reliability Verification Analysis

Technology Seeks to Ensure Microchip’s Efficient Power Design, Prolonging Life and Avoid Overheat SAN DIEGO, May 11, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), filed with the UNITED STATES PATENT AND TRADEMARK OFFICE (“USPTO”)_ a patent application covering Integrated Circuits reliability verification analysis. The application has been assigned with the USPTO a serial number 17315747 and the filing date is May 10, 2021. The patent seeks to protect systems and methods to check and correct microchips layout for reliability violations. The underlying technology contemplates allowing IC designers to be able to analyze and fix circuits more efficiently, in real-time, and get visibility into electrical issues early during the design stages. GBT intends to target microchip’s early design...

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Kraken Provides 2021 Guidance of 100%+ Revenue Growth and Preliminary Q1 Financial Results

ST. JOHN’S, Newfoundland, May 11, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is providing the following preliminary guidance on estimated financial results for the three months ended March 31, 2021, as well as our financial guidance for the year ending December 31, 2021. Our unaudited financial results for the three months ending March 31, 2021, have not yet been finalized and are subject to change. 2021 Financial GuidanceRevenue for the year ended December 31, 2021 is expected to be $24.0 million to $28.0 million versus $12.3 million in 2020. The greater than 100% expected growth is due to recent contract wins for KATFISH™ 180 towed sonars and ALARS for the Danish and Polish Navies, and various orders and expected orders for AquaPix® MINSAS and SeaPower™ batteries. We have...

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TILT Holdings to Report First Quarter Results on Tuesday, May 25, 2021

PHOENIX, May 11, 2021 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, will report its financial results for the first quarter ended March 31, 2021 after market close on Tuesday, May 25. TILT’s management team will host a webcast at 5:00 p.m. ET to review the Company’s operational and financial highlights, followed by a question-and-answer session.Event:  TILT First Quarter 2021 Results Conference CallDate: Tuesday, May 25, 2021Time:  5:00 p.m. ETLive Call:    1-877-705-6003Webcast:  http://public.viavid.com/index.php?id=144960Interested individuals can register for the webcast via the Company’s Investor Relations...

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