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Month: July 2022

With 6.71% CAGR, Aircraft Antenna Market Size Worth USD 631.1 Million by 2029 | Fortune Business Insights™

According to Fortune Business Insights, the Aircraft Antenna Market Size Worth USD 631.1 Million by 2029, at CAGR of 6.71% during forecast period 2022-2029 | North America to Provide Compelling Opportunities with Bullish Presence of Aircraft Fleet Pune, India, July 20, 2022 (GLOBE NEWSWIRE) — The global aircraft antenna market size was pegged at USD 389.5 million in 2021. The market is anticipated to surge from USD 400.7 million in 2022 to USD 631.1 million by 2029 at 6.71% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Aircraft Antenna Market, 2022-2029.” According to the study, OEMs and aftermarkets will exhibit strong demand for aircraft antennas to boost navigation and communication. A host of antennas, such as loop antennas, communication antennas,...

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Risk Strategies Acquires Surety Specialist Bonds, Inc.

Adds to existing capabilities, government sector expertise BOSTON, July 20, 2022 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Bonds, Inc., a specialist in surety bonds focused on the construction industry. Terms of the deal were not announced. Located in Hunt Valley, Maryland, Bonds, Inc. was founded in 1996 by its current President Michael Shaver. The firm helps clients in the construction industry secure performance and payment bonds for projects. Its staff is highly knowledgeable with combined experience of over 150 years in the surety industry. “Michael and his team are an excellent fit with the Risk Strategies family and our specialist approach to risk,” said Scott Popilek, Risk Strategies Atlantic Region Leader. “Their focused...

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Soluna Holdings Announces June Site Level Financials

Despite Continued BTC Price Decreases in June, Soluna Continues to Grow Hashrate and Intends to Invest through the Cycle ALBANY, NY, July 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced the release of its June site level financials. Michael Toporek, CEO of Soluna Holdings, stated, “Soluna continues to prove its business model despite a decline in BTC price. The company’s strong operating base of ultra-low energy cost assets have continued to perform well as they were designed to do in challenging macro environments.” Key Summary Highlights:Seasonal factors affect revenue in June, but increased capacity...

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At 4.7% CAGR, Specialty Chemicals Market Size to Surpass USD 882.6 Billion by 2028 | Fortune Business Insights™

According to Fortune Business Insights, the global specialty chemicals market size is projected to reach USD 882.6 billion in 2028, at CAGR of 4.7% during forecast period 2021-2028 | Mounting Concerns over Food Security Worldwide to Benefit the Agrochemicals Segment Pune, India, July 20, 2022 (GLOBE NEWSWIRE) — The global specialty chemicals market size is projected to reach USD 882.6 billion by 2028, exhibiting a CAGR of 4.7% during the forecast period. The market’s value stood at USD 627.7 billion in 2020 and is expected to hit USD 641.2 billion in 2021. However, the market growth slumped by 2.8% in 2020 owing to the devastation caused by the COVID-19 pandemic outbreak. With transportation and travel activities heavily restricted to contain the coronavirus, chemical companies and suppliers faced huge inventory shortages, triggering...

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District Cooling Market Size to Hit USD 51.01 Billion by 2029 | Exhibit a CAGR of 8.9%

Rising Installation of DC Technology to Expedite Investments to boost the growth of Global District Cooling Market: Fortune Business Insights Pune, India, July 20, 2022 (GLOBE NEWSWIRE) — District Cooling Market size is projected to reach USD 51.01 billion in 2029, at a CAGR of 8.9% during the forecast period. The global District Cooling market size was USD 26.15 billion in 2021. District Cooling market is projected to rise during the forecast period due to commercial sector to exhibit significant growth as expansion of airports and shops growing. This information is published by Fortune Business Insights™ in a report, titled, “District Cooling Market, 2022-2029.” Moderate Demand from Commercial Sector Impeded Growth Prospect The commercial sector was hardest hit by the ravage of the COVID-19 pandemic, especially hotels and shopping...

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Hydraulic Cylinders Market to Reach USD 14.66 Billion by 2026 | Increasing Demand from Construction Industry to Give Impetus to Growth, Fortune Business Insights

According to Fortune Business Insights, the Global Hydraulic Cylinders Market Size is projected to reach USD 14.66 Billion by 2026, at CAGR of 4.3% during forecast period 2019-2026; India, China, and the U.S. Significantly Contribute to the Market Growth Pune, India, July 20, 2022 (GLOBE NEWSWIRE) — The global hydraulic cylinders market will exhibit a CAGR of 4.3% between 2019 and 2026, and is estimated to reach USD 14.66 Billion by 2026, as against USD 10.94 Billion in 2018. Growing technological advancements in the hydraulics industry is the primary factor responsible for positively affecting the hydraulic cylinder market growth. Fortune Business Insights in a new report, titled “Hydraulic Cylinders Market Size, Share and Industry Analysis By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product...

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Farmers and Merchants Bancshares, Inc. Reports Earnings of $4,101,535 or $1.35 per Share for the Six Months Ended June 30, 2022

HAMPSTEAD, Md., July 20, 2022 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent of Farmers and Merchants Bank (the “Bank”), announced that net income for the six months ended June 30, 2022 was $4,101,535, or $1.35 per common share (basic and diluted), compared to $4,061,794, or $1.35 per common share, for the same period in 2021. The Company’s return on average equity during the six months ended June 30, 2022 was 15.37% compared to 15.18% for the same period in 2021. The Company’s return on average assets during the six months ended June 30, 2022 was 1.15% compared to 1.18% for the same period in 2021. Income from Paycheck Protection Program (“PPP”) loans added approximately $159,000 to net income for the six months ended June 30, 2022 compared to $507,000 for the same period in 2021. As of June...

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Portage Biotech Acquires Outstanding Minority Interest of Invariant Natural Killer T cell (iNKT) Agonist Platform

Portage now holds 100% ownership of iOx Therapeutics Ltd., buying out remainder of equity in exchange for PRTG stock WESTPORT, Conn., July 20, 2022 (GLOBE NEWSWIRE) — Portage Biotech Inc. (NASDAQ: PRTG), a clinical-stage immuno-oncology company developing therapies to improve patient lives and increase survival by avoiding and overcoming cancer treatment resistance, today announced that the Company has acquired the outstanding ownership interest (approximately 22%) of its invariant natural killer T cell (iNKT agonist) platform and now fully owns the worldwide rights to its small molecule iNKT agonists, including lead programs PORT-2 and PORT-3. The platform was acquired through Portage’s iOx Therapeutics Ltd. (iOx) subsidiary from the founding equity holders in exchange for 1,070,000 ordinary shares of Portage. Additionally, a...

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Coop Pank held an investor webinar to introduce unaudited results of Q2 2022

Today, on 20 July 2022 at 10 am (EET), Coop Pank held an investor webinar, where the Chairman of the Board Margus Rink introduced the bank’s Q2 2022 unaudited financial results. Webinar was held in Estonian language.   Coop Pank would like to thank all participants. Webinar recording is available here:https://youtu.be/8Pey_s4-ido Coop Pank’s report for unaudited results of Q2 2022 and the presentation is available here:https://view.news.eu.nasdaq.com/view?id=ba1d36b52cb2cbbba5534424deaba19a4&lang=en Coop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank for their daily banking has reached 130,700. Coop Pank aims to put the synergy generated by the interaction of retail business and banking to good use and to bring everyday banking services closer to people’s...

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Identiv Sets Second Quarter 2022 Earnings Call for Wednesday, August 3, 2022 at 5 PM ET

FREMONT, Calif., July 20, 2022 (GLOBE NEWSWIRE) — Identiv, Inc. (NASDAQ: INVE), global digital security and identification leader in the Internet of Things (IoT), will release its financial results for the second quarter, ended June 30, 2022, after the market close on Wednesday, August 3, 2022. Management will hold a conference call and webcast on that day at 5 PM ET (2 PM PT) to review and discuss the company’s results for the second quarter 2022. Date: Wednesday, August 3, 2022Time: 5 PM ET (2 PM PT)Toll-Free Number: +1 877.545.0523International Number: +1 973.528.0016Call ID: 891291Webcast: Register and Join Please call the conference telephone number 5 – 10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please...

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