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Month: September 2022

KULR Secures First Order From Fortune 500 Commercial Aviation Customer for Battery Development of eVTOL Aircraft

KULR’s Holistic Suite of Products and Services Proves to Be Fundamental in Testing and Evaluation of Customer’s New eVTOL Aircraft SAN DIEGO, Sept. 27, 2022 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion (“Li-ion”) battery safety and thermal management technologies, has received an order from a leading Fortune 500 commercial aviation company for its holistic suite of safe battery products and services. The aviation customer has enlisted KULR to provide its suite of battery design and safety solutions in the development of its new electric vertical takeoff and landing (“eVTOL”) aircraft. KULR expects this order to be the first of several from the customer, as the implementation of KULR’s products and services will be fundamental in...

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Bellerophon Announces FDA Acceptance of Change to Ongoing Phase 3 REBUILD Study of INOpulse® for Treatment of Fibrotic Interstitial Lung Disease

New study size of 140 patients for the REBUILD Study, without modifying trial objective or endpoints and maintaining power of >90% for the primary endpoint Independent Data Monitoring Committee agreed that the new targeted study size is appropriate Enrollment now expected to conclude in Q1 2023, with pivotal top-line data readout anticipated in Q3 2023WARREN, N.J., Sept. 27, 2022 (GLOBE NEWSWIRE) — Bellerophon Therapeutics, Inc. (Nasdaq: BLPH) (“Bellerophon” or the “Company”), a clinical-stage biotherapeutics company focused on developing treatments for cardiopulmonary diseases, announced today that the U.S. Food and Drug Administration (FDA) has accepted the Company’s proposal to reduce the study size for its ongoing registrational REBUILD Phase 3 trial of INOpulse® for the treatment of fibrotic Interstitial Lung Disease (fILD)....

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ArcelorMittal S.A.: ArcelorMittal holds investor meeting in India, highlighting the quality, capability and ambition of its Indian steelmaking joint venture

Event emphasises strong recent progress at AM/NS India and the scope of work being undertaken to further strengthen and grow the business 27 September 2022, 14:30 CET ArcelorMittal, the world’s leading steel and mining company, today hosted an investor and analyst event at AM/NS India’s flagship plant at Hazira, Gujarat, the first such meeting since ArcelorMittal and Nippon Steel jointly acquired the Indian asset in December 2019. The event focused on the progress AM/NS India has achieved since the acquisition completed and the strategic initiatives being undertaken to transform AM/NS India into a best-in-class, integrated steel producer capable of producing high-added value products, grow its domestic market share and play a leading role in the growth of the Indian steel industry. Presentations given by Aditya Mittal, ArcelorMittal CEO...

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NETSOL Technologies Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results

Total net revenues increase 4.2% to $57.2 million in FY 2022 Annual recurring revenue (SaaS and Support) increased to $28.3 million, up by 27.6%CALABASAS, Calif., Sept. 27, 2022 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, reported results for the fiscal fourth quarter and full year ended June 30, 2022. Fiscal Fourth Quarter 2022 and Recent Operational HighlightsNETSOL signed a contract with a notable Swedish bank to implement NFS Ascent® in Sweden, Norway, Denmark and Finland with an estimated value of $5 million over the five-year contract period. NETSOL was awarded a contract by the Government of Khyber Pakhtunkhwa under the World Bank Funded “Khyber Pakhtunkhwa Revenue Mobilization and Public Resource Management Program” to provide...

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US Nuclear Corp. Announces Second Quarter 2022 Results

LOS ANGELES, CA, Sept. 27, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – US Nuclear Corp. (OTC-QB: UCLE), a leading manufacturer of advanced radiation, chemical, and biological detection and UAV instrumentation, recently announced the financial results for the second quarter ended June 30, 2022.   Sales for the three months ended June 30, 2022 were $585,525 compared to $352,558 for the same period in 2021, an increase of 65.2% Gross margin 45.1% as compared to 44.2% for the same period in 2021 Selling, general, and administrative expense were $534,753 compared to $620,854 for the same period in 2021, a decrease of $86,101 or 13.9% During the three months ended June 30, 2022, stock-based compensation was $57,745 compared to $166,650 during the same period in 2021 Other expense was $94,279, a decrease of $916,034 for the...

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Porch Group Announces New Business Unit Leadership Appointments

• Nick Graham as Senior Vice President and Group General Manager, Moving Group• Mindy Barker as Chief Financial Officer at Homeowners of America SEATTLE, Sept. 27, 2022 (GLOBE NEWSWIRE) — Porch Group, Inc. (NASDAQ: PRCH) (“Porch Group”), a leading vertical software company reinventing the home services and insurance industries, today announced key business unit leadership appointments designed to support growth across multiple market sectors. Nick Graham has been appointed Senior Vice President and Group General Manager of Porch Group’s Moving Division, effective September 26, 2022. Mr. Graham joins Porch Group, bringing with him a wealth of strategic marketing and marketplace acceleration experience. In his new role, Mr. Graham will be responsible for Porch Group’s moving division, which offers a complete suite of moving services...

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Sunrun Announces Date and Conference Call Details for Third Quarter 2022 Earnings Report

Earnings Release and Conference Call Scheduled for November 2, 2022 SAN FRANCISCO, Sept. 27, 2022 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN) today announced that it will issue its third quarter 2022 earnings report after the market closes on Wednesday, November 2, 2022. A conference call has been scheduled to discuss these earnings results at 1:30 p.m. Pacific Time. The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com or over the phone by dialing (877) 407-5989 (toll-free) or (201) 689-8434 (toll). An audio replay will be available following the call on the Sunrun Investor Relations website for approximately one month. About Sunrun                   Sunrun Inc. (Nasdaq: RUN) is the nation’s leading home solar, battery storage, and energy services company. Founded in 2007,...

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TOMI Environmental Receives Additional Orders for Custom Engineered Systems From Multinational Pharmaceutical Company

A Case Study -The Expansion of SteraMist Products in a Multinational Pharmaceutical Company FREDERICK, Md., Sept. 27, 2022 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc. ® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, today announced that a U.S. based multinational pharmaceutical company is expanding the use of SteraMist decontamination products, advancing SteraMist as this pharmaceutical company’s decontamination standard. The company originally began using SteraMist Environment Systems 5 years ago to disinfect and decontaminate small spaces in their animal health division. Since their initial purchase, the company has ordered multiple additional systems, including: three (3) mobile units for a second animal health location 2 years ago, followed by a divisional location...

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Real Brands Signs Definitive Agreement for the Acquisition of Boulder Botanical & Biosciences Laboratories Assets

Real Brands Inc. Real Brands signed the definitive agreement to acquire Boulder Botanical’s assets in Golden, Colorado, and will continue Boulder’s current herbal supplement, sports medicine and CBD manufacturing and distribution business that provides white-label products to many of the nation’s largest retail chains.$12 million transaction Provides Real Brands with world class R&D and manufacturing capabilities for 300% increase in production capacity and 150+ brands Specializes in sports medicine, health and wellness herbal supplements and CBD products Expands Real Brands’ distribution to major retail chains nationwideNorth Providence, RI, and Golden, CO, Sept. 27, 2022 (GLOBE NEWSWIRE) — Real Brands Inc. (OTCQB: RLBD) announced today that it has signed the definitive agreement for the acquisition of substantially...

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Lincoln Tech Student Receives Mike Rowe Works Foundation Scholarship

Parsippany, NJ, Sept. 27, 2022 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that student Avery Hill has been selected to receive a Work Ethic Scholarship from the Mike Rowe Works Foundation. Hill, who is currently enrolled in the Heating, Ventilation and Air Conditioning career training program at Lincoln’s East Windsor, CT campus, was selected to receive the $5,000 scholarship as part of the Foundation’s efforts to promote career-focused education for students seeking to enter in-demand, hands-on trades. “Receiving the Mike Rowe scholarship means so much to me,” says Hill. “It feels good knowing I can graduate with less debt, and I’m so glad that I chose to pursue this training program at Lincoln Tech. My instructor...

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