Day: June 21, 2021
The Royal New Zealand Navy orders four REMUS 300 unmanned underwater vehicles for mine countermeasure and survey operations
NEWPORT NEWS, Va., June 21, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that the Royal New Zealand Navy has placed the first international order for four REMUS 300 unmanned underwater vehicles (UUVs).
“We are pleased New Zealand is upgrading their fleet with new REMUS 300 UUVs,” said Duane Fotheringham, president of the Unmanned Systems business group in HII’s Technical Solutions division. “Technology has progressed significantly over the past few years, and the REMUS 300 represents one of the most advanced man-portable UUVs on the market today. We look forward to continuing our long-standing relationship with the Royal New Zealand Navy.”
New Zealand has a fleet of six...
NV5 Awarded $6 Million Transportation Infrastructure Contract by City of Fresno
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HOLLYWOOD, Fla., June 21, 2021 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of compliance, technology, and engineering solutions, announced today that the City of Fresno, California has selected NV5 for a $6.3 million contract to provide program management services for the Veterans Boulevard Interchange and Corridor Improvement Project, a major arterial road and interchange in California’s Central Valley. The project includes the expansion of Veterans Boulevard to a six-lane roadway, a new interchange with State Route 99 including four bridges, and improvements to the surrounding roadways.
“As one of the largest cities in California, Fresno is a significant center of business in the Central Valley,” said Dickerson Wright, PE, Chairman and CEO of NV5. “The Veterans Boulevard project will...
Celsion Corporation Enters into $10 Million Strategic Loan Facility with Silicon Valley Bank
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Improvement to the Balance Sheet Leverages Strong Equity Structure
Retires Debt and Gains Five Months of Operating Runway at Very Low Cost of Capital
LAWRENCEVILLE, N.J., June 21, 2021 (GLOBE NEWSWIRE) — Celsion Corporation (NASDAQ: CLSN), a clinical-stage company focused on DNA-based immunotherapy and next-generation vaccines, announces it has entered into a $10 million loan facility with Silicon Valley Bank (SVB). Celsion immediately used $6 million from this facility to retire all outstanding indebtedness with Horizon Technology Finance Corporation. The remaining $4 million will be available to be drawn down up to 12 months after closing and will be used for working capital and to fund the advancement of the Company’s product pipeline, including GEN-1 for the treatment of newly diagnosed advanced ovarian cancer, as well as other...
BRP Group, Inc. Welcomes Naimish Patel as President of Newly Established “Homeowners Insurance Group” Within BRP Group’s MGA of the Future Platform
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Experienced homeowners executive brings unique expertise to scale BRP Group’s national homeowners MGA strategy
TAMPA, Fla., June 21, 2021 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions, is pleased to welcome Naimish Patel as President of a newly established “Homeowners Insurance Group” within Millennial Specialty Insurance (“MSI” – BRP Group’s “MGA of the Future” platform), which became effective June 7, 2021.
In his role reporting to Jim Roche, Founder and Managing Partner of MSI, Naimish will build and lead a new team dedicated to scaling a suite of tech-enabled, homeowners-focused MGA solutions for insureds across the United States.
“Naimish brings invaluable experience to our MGA of the Future platform as we look to leverage...
Bonduelle Fresh Americas Releases Inaugural 2020 Corporate Social Responsibility Report
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The business unit’s first CSR report highlights advancements toward B Corp Certification by 2025 with a focus on planet, food and people
IRWINDALE, Calif. – June 17, 2021 – Leading plant-based food innovator Bonduelle Fresh Americas, the U.S.-based, wholly-owned subsidiary of Bonduelle and home of Ready Pac Foods, continues its global sustainability journey with the release of its inaugural Corporate Social Responsibility (CSR) report today. The report showcases the business unit’s progress in FY20 against the comprehensive CSR strategy announced in 2019 and toward becoming B Corp certified by 2025. Notably, in the first year of the strategy, Bonduelle Fresh Americas has made strong progress on two-thirds of the 21 goals it set out to accomplish by 2025, with two goals already achieved ahead of schedule.
The mission of Bonduelle is to...
Akero Therapeutics Presents Analyses at the 2021 International Liver Congress Showing Normalization of Liver Fat Substantially Reduced Markers of Liver Injury and Fibrosis, and Greatly Increased Probability of Resolving NASH
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Analyses also Show that Combining a Threshold for ALT Reduction of ≥17 U/L with Normalization of Liver Fat Improves Predictive Power for Resolution of NASH with 1-Stage Improvement of Fibrosis
SOUTH SAN FRANCISCO, Calif., June 21, 2021 (GLOBE NEWSWIRE) — Akero Therapeutics, Inc. (Nasdaq: AKRO), a cardio-metabolic biotechnology company developing transformational treatments for non-alcoholic steatohepatitis (NASH), today announced additional analyses from its Phase 2a BALANCED study of efruxifermin (EFX) in NASH patients with F1-F3 fibrosis, which were presented in two posters at the 2021 International Liver Congress. These analyses show significant correlations between normalization of liver fat (≤ 5% liver fat content (LFC) by MRI-PDFF) and improvements in markers of liver injury and fibrosis, as well as whole-body metabolism....
The 4Less Group Announces Launch Date of Their Automotive Parts Marketplace, AutoParts4Less.com
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Las Vegas, Nevada , June 21, 2021 (GLOBE NEWSWIRE) — The 4Less Group, Inc. (OTCQB: FLES) (the “Company,” “we,”) reports that they expect to launch a beta version of their multi-vendor automotive parts marketplace, Autoparts4less.com, on the 25th of August. This beta version, will have:A diverse group of trusted sellers from across the country. To date we have approved sellers that include auto parts retailers, warehouse distributors, manufacturers as well as new car dealerships, looking to monetize their automotive parts inventory.
To date our diverse sellers will have parts available to purchase for cars, trucks, motorcycles, boats, commercial vehicles, RV’s and ATV’s parts.
Presently, with the sellers we have approved, we expect there will be approximately 2-3 million parts available for consumers to purchase at launch. However,...
Personal Care Packaging Market to Exceed USD 35.4 billion by 2027 – Report by Market Research Future (MRFR)
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New York, June 21, 2021 (GLOBE NEWSWIRE) — Personal Care Packaging Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Personal Care Packaging Market Research Report, Material, Product, Application and Region – Forecast till 2027” The personal care packaging market was valued at USD 26.81 billion in 2020 and is expected to reach a value of USD 35.4 billion by 2027, at a CAGR of 5.1% during the forecast period from 2021 to 2027.
The personal care packaging market outlook appears extremely positive. The market growth attributes to the rising demand from the personal care & cosmetics industry and the availability of various sustainable packaging solutions. Besides, increasing investments and rising research & development activities for green solutions drive the personal...
One Liberty Properties Sells Retail Property for $40.5 Million
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— Anticipates Reporting a Gain Over $21 Million —
— Provides Leasing Update —
GREAT NECK, N.Y., June 21, 2021 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it closed on a $40.5 million sale of a 47,200 square foot building and the related parking lot located in West Hartford, Connecticut and leased to Whole Foods. The proceeds were used to repay a $15.4 million mortgage on the property, pay off the $17.9 million outstanding balance on the Company’s credit facility and pay transaction related costs. The remaining proceeds of approximately $5.4 million will be used for general corporate and working capital purposes.
Patrick J. Callan, Jr., President and Chief Executive...
Diffusion Pharmaceuticals to Webcast Live at Life Sciences Investor Forum
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Presentation Scheduled for June 24, 2021 at 11:30 a.m., EDT
CHARLOTTESVILLE, Va., June 21, 2021 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or the “Company”), an innovative biopharmaceutical company developing novel therapies that enhance the body’s ability to deliver oxygen to areas where it is needed most, today announced that CEO Robert Cobuzzi, Jr., Ph.D., will present via webcast at the Life Sciences Investor Forum being held on June 24, 2021.
Details of Diffusion’s presentation are as follows:Event:
Life Sciences Investor ForumDate:
Thursday, June 24, 2021Time:
11:30 a.m., EDTLink:
https://www.lifesciencesinvestorforum.com/events/event-details/agendaDuring the presentation, Dr. Cobuzzi will discuss Diffusion Pharmaceuticals’ business strategy, which focuses...