Month: August 2022
Global neuromodulation devices market was valued at USD 5.88 billion in 2021, and it is expected to attain a value of USD 10.97 billion by 2028, at a CAGR of 9.3% over the forecast period (2022–2028).
Westford USA, Aug. 24, 2022 (GLOBE NEWSWIRE) — Neuromodulation devices market is witnessing a growing demand for variety of implants, such as brain stimulators, deep brain stimulation (DBS), and spinal cord stimulators. In recent years, these devices have become increasingly popular for the treatment of neurodegenerative diseases, such as chronic pain, epilepsy, Parkinson’s and Alzheimer’s. Growing evidence suggests that these devices can improve symptoms and even slow or stop the progression of these diseases.
SkyQuest estimates that globally more than 30 million people are suffering from some kind of neurological disorders and more...
Industrial Automation Market to Generate Revenue of $289 Billion by 2028 | Growing Adoption of AI and Machine Learning to Play Key Role
Written by Customer Service on . Posted in Mergers And Acquisitions.
Global industrial automation market was valued at USD 150.2 billion in 2021, and it is expected to reach a value of USD 289.04 billion by 2028, at a CAGR of 9.8% over the forecast period (2022–2028).
Westford, USA, Aug. 24, 2022 (GLOBE NEWSWIRE) — As the world becomes increasingly automated, businesses are turning to industrial automation solutions to help increase efficiency and productivity. By automating routine tasks and processes, businesses can free up workforce time to focus on more important duties. This growth of the industrial automation market is mainly due to the increasing demand for safe, reliable, and efficient manufacturing systems. These systems help manufacturers achieve increased output and reduce costs. As per SkyQuest’s findings, businesses save from 15 to 60% on worker costs, making it one of the most cost-effective...
Risk Strategies Acquires Dickstein Associates Agency
Written by Customer Service on . Posted in Mergers And Acquisitions.
Full service, all-lines firm adds to northeast footprint, boasts loyal client base.
BOSTON, Aug. 24, 2022 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency. Terms of the deal were not announced.
Located in Tinton Falls, New Jersey and founded in 1965, Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages to individuals and businesses. Its expertise and customer service has created a loyal customer base with long-term client relationships, most notably among its top 10 clients averaging 22 years with the firm.
“Dickstein’s longevity and client loyalty is evidence they share our client-first mindset,” said...
Tecogen CHP Equipment Enables Tax Credits Under Inflation Reduction Act
Written by Customer Service on . Posted in Public Companies.
Waltham, MA, Aug. 24, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to confirm that the increased and expanded tax credits available under the Inflation Reduction Act of 2022 apply to systems incorporating certain low emission technologies, including Tecogen’s combined heat and power (CHP) equipment.
The Inflation Reduction Act increased tax credits, including the investment tax credit (ITC), to up to thirty percent (30%) of the project cost for projects incorporating certain low emission technologies, including CHP equipment, that begin construction before January 1, 2025, provided that the taxpayer satisfies requirements relating to the payment of prevailing wages and the use of apprentices....
Financial 15 Split Corp. Successful Overnight Offering
Written by Customer Service on . Posted in Public Companies.
A high quality portfolio consisting of 15 North American Financial Services Companies
TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (the “Company”) is pleased to announce it has completed the overnight marketing of Preferred Shares and Class A Shares of the Company. Total gross proceeds of the offering are expected to be approximately $54.7 million.
The offering is being led by National Bank Financial Inc.
The sales period of the overnight offering has now ended.
The offering is expected to close on or about August 31, 2022 and is subject to certain closing conditions including approval by the TSX.
The Preferred Shares are being offered at a price of $10.00 per Preferred Share to yield 6.75% and the Class A Shares are being offered at a price of $9.50 per Class A Share to yield 15.88%.
The closing price on...
Kratos Defense & Rocket Support Services Supports Successful Ballistic Missile Intercept Test During Pacific Dragon 22 Exercise
Written by Customer Service on . Posted in Public Companies.
SAN DIEGO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider, announced today that its Defense & Rocket Support Services division supported the successful intercept test of a short-range ballistic missile (SRBM) target by a Standard Missile 3 (SM-3) Block IA during the Pacific Dragon 22 exercise. Kratos along with Government and industry partners integrated and launched the SRBM target known as an Aegis Readiness Assessment Vehicle Type B (ARAV B) that was successfully intercepted by USS Fitzgerald (DDG 62) during the exercise.
The two stage ARAV-B SRBM consists of a complex payload mounted atop Kratos’ proven Oriole rocket motor and a government surplus Terrier Mk-70 rocket motor. The target vehicle, which has been flight-proven...
Critical Solutions, Inc. (OTC: CSLI) Provides Shareholder Updates
Written by Customer Service on . Posted in Public Companies.
Company Launches New Website and Updates Business Plans
SHERIDAN, WY, Aug. 24, 2022 (GLOBE NEWSWIRE) — Critical Solutions, Inc. (OTC: CSLI) proudly announces the company has launched a new corporate website and domain name along with updates to its existing business plans. The website is now http://www.cslisolutions.com/ which is now consistent with its company social media accounts including Twitter.
Critical Solutions, Inc. new CEO Matt Dugan has been hard at work to identify new revenue streams and update/change existing business plans to better fit where the company is moving towards. CSLI will now be focused solely on entertainment and technology business infrastructures that align best the new direction of the company. The first of which is the Memorandum of Understanding (MOU) for Frudy, an emerging growth startup that...
Orrön Energy completes the public offer to the shareholders of Slitevind, extends the acceptance period and publishes a supplement to the offer document
Written by Customer Service on . Posted in Mergers And Acquisitions.
THIS PRESS RELEASE IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUDED IN THE SECTION TITLED “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE AND IN THE OFFER DOCUMENT.On 1 August 2022, Orrön Energy Holding AB, a wholly-owned subsidiary of Orrön Energy AB (publ), (“Orrön Energy” or the “Company”) announced a recommended public offer to the shareholders of Slitevind AB (publ) (“Slitevind”) to tender all...
Asia Pacific Used Car Market is Benefitting from Omnichannel Sales and Expected to Cross USD 600 Billion by 2027: Makreo Research
Written by Customer Service on . Posted in Mergers And Acquisitions.
Asia Pacific used car market has outperformed, particularly after COVID 19 Pandemic. Primarily due to consumer preferences for their own personal mobility, the demand for used cars has risen significantly. In India and South Korea, the market for used automobile market in Asia Pacific even surpassed that of new automobile sales in 2021.
Mumbai, Aug. 24, 2022 (GLOBE NEWSWIRE) — Asia Pacific is one of the emerging region in the world in terms of economic growth. According to the reports, South Asian Economic Focus, South Asia will continue to have high GDP growth, with growth projected to reach 6.6% in 2022 and 6.6% in 2023, respectively.
With the opening of borders and enterprises, economic activity in the region recovered, but supply chain disruptions brought on by the conflict between Russia and Ukraine, growing inflation, lockdowns...
Chili Piper Acquires KosmoTime to Build the Next Generation of Smart Calendars
Written by Customer Service on . Posted in Mergers And Acquisitions.
The Companies join forces to lead the emerging market of smart calendars
NEW YORK, Aug. 24, 2022 (GLOBE NEWSWIRE) — Chili Piper, the leading qualifying, routing & scheduling platform for revenue teams, has acquired KosmoTime, a smart calendar solution helping its users better manage their time.
“KosmoTime is a pioneer in smart time management,” said Alina Vandenberghe, co-founder and co-CEO of Chili Piper. “It has established a strong base of highly engaged users around a unique expertise both in User Experience and Data Science. We’re thrilled to bring this expertise into the Chili Piper team to build the next generation of calendars.”
“KosmoTime was founded on the idea that we may have many calendars, but we only have one time, with many activities competing for that time,” said Martin Plouy, co-founder & CTO...
