Day: December 21, 2022

SPARKS ENERGY, A LEADER IN POWER INFRASTRUCTURE SERVICES AND RESTORATION, TO LIST ON NEW YORK STOCK EXCHANGE THROUGH MERGER WITH 10X CAPITAL VENTURE ACQUISITION CORP. III

Written by Customer Service on December 21, 2022. Posted in Mergers And Acquisitions.

Sparks Energy, Inc. (“Sparks”), a power infrastructure services firm and a leader in power restoration management, has entered into a merger agreement with 10X Capital Venture Acquisition Corp. III (NYSE: VCXB) (“10X III”); the newly combined company will be listed on the New York Stock Exchange under the ticker symbol “SPKS”. Sparks provides critical electric transmission and distribution infrastructure recovery and repair services for utility customers across the United States, serving as the first responder for regional, state, and local power outages caused by environmental events such as snow, ice, wind, fire, flood and hurricanes. The rise in the frequency and severity of climate change-driven weather events positions Sparks to be the go-to restoration provider for utilities across the country, backed by a fleet of vehicles and...

Advanced Energy Storage System market worth USD 211 Billion by 2026 | Industry expected to grow at 4.82%CAGR

Written by Customer Service on December 21, 2022. Posted in Mergers And Acquisitions.

The global advanced energy storage system market valued USD 145 billion in 2018. The market is to grow worth USD 211 billion by 2026, at CAGR of 4.8%. Pune, India, Dec. 21, 2022 (GLOBE NEWSWIRE) — The global advanced energy storage system market size is likely to derive growth from the increasing number of solar farms. According to a report published by Fortune Business Insights, titled “Advanced energy storage system: Global Market Analysis, Insights, and Forecast, 2018-2026,” the market was valued at USD144.9 Billion. Fortune Business Insights states that the market will reach USD 211.2 Billion by 2026, thereby exhibiting a CAGR of 4.82%. Industry Development: In July 2021-Babcock & Wilcox have announced an Intellectual Property Option Agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL)....

Third Party Logistics Market size worth USD 1701 Billion by 2028 | Industry expected to grow at 8.26% CAGR

Written by Customer Service on December 21, 2022. Posted in Mergers And Acquisitions.

The global third party logistics market size valued USD 961.8 billion in 2020. The market is to grow worth USD 1,701 billion by 2028, at CAGR of 8.26%. Pune, India, Dec. 21, 2022 (GLOBE NEWSWIRE) — The global third party logistics market size was USD 961.8 billion in 2020. The market is expected to grow from USD 976.2 billion in 2021 to USD 1,701.2 billion in 2028, exhibiting a CAGR of 8.26% during the forecast period. The availability of custom-made services and the rising adoption of advanced technologies are expected to bolster market growth. Fortune Business Insights™ provides this information in its report titled “Third Party Logistics Market, 2021-2028.” Third party logistics is a business process where companies outsource logistics functionality and distribution to service providers. The rising awareness regarding...

Castellum, Inc. Provides Shareholders and Prospective Shareholders a Year-End Update

Written by Customer Service on December 21, 2022. Posted in Public Companies.

Castellum, Inc. Provides Shareholders and Prospective Shareholders a Year-End Update Consistent with its requirements under Regulation FD, Castellum, Inc. (NYSE-American: CTM) provides the following information from CEO Mark Fuller for its shareholders, prospective shareholders, and other stakeholders – http://castellumus.com/BETHESDA, Md., Dec. 21, 2022 (GLOBE NEWSWIRE) — Consistent with its requirements under Regulation FD, Castellum, Inc. (NYSE-American: CTM) provides the following information from CEO Mark Fuller for its shareholders, prospective shareholders, and other stakeholders. Dear Fellow Shareholders: As we approach the end of 2022, I would like to update you on recent developments at Castellum and provide a roadmap for 2023. Let me start by thanking you for your support of CTM as a shareholder. The Board,...

Alamos Gold Announces Renewal of Normal Course Issuer Bid

Written by Customer Service on December 21, 2022. Posted in Public Companies.

TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with and received acceptance from the Toronto Stock Exchange (“TSX”), for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares (“Common Shares”), representing 10% of the Company’s public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares. As at December 14, 2022, there were 393,458,451 Common Shares issued and outstanding. Alamos may purchase Common Shares under the Normal Course Issuer Bid over the twelve-month period beginning December 24, 2022 and ending December 23, 2023. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities...

BioNTech Starts Phase 1 Clinical Trial for Prophylactic Herpes Simplex Virus-2 Vaccine Candidate BNT163

Written by Customer Service on December 21, 2022. Posted in Public Companies.

First-in-human study aims to evaluate the safety and immunogenicity of prophylactic herpes virus vaccine candidate BNT163 BNT163 is the first candidate from BioNTech’s infectious disease mRNA vaccine collaboration with the University of Pennsylvania to enter the clinic The program is part of BioNTech’s strategy to address diseases with high unmet medical need, as no vaccine has been approved for prevention of genital lesions caused by HSVMAINZ, Germany, December 21, 2022 – BioNTech SE (Nasdaq: BNTX, “BioNTech” or the “Company”) today announced that the first subject was dosed in a first-in-human Phase 1 clinical research study with BNT163, a herpes simplex virus (HSV) vaccine candidate for the prevention of genital lesions caused by HSV-2 and potentially HSV-1. The trial (NCT05432583) will evaluate the safety, tolerability,...

Acutus Medical Achieves EU MDR Submission Milestone in Sale of Left-Heart Access Portfolio to Medtronic

Written by Customer Service on December 21, 2022. Posted in Public Companies.

CARLSBAD, Calif., Dec. 21, 2022 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB), an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated, today announced that the Company has achieved the second milestone under the asset purchase agreement with Medtronic of its left-heart access portfolio with the submission for CE Mark of this portfolio under European Union (EU) Medical Device Regulations (MDR). This milestone triggers a $17 million earnout payment from Medtronic to Acutus. “We are very pleased to have achieved this important milestone ahead of schedule. This submission is a critical step in our partnership with Medtronic, and we are confident that Medtronic will be able to accelerate adoption and positive impact on patient care and physician...

Kraken Receives $0.8 Million International Robotics as a Service (RaaS) Contract

Written by Customer Service on December 21, 2022. Posted in Public Companies.

Figure 1: KATFISH Autonomous RecoveryFigure 2: Oil & Gas Imagery from KATFISH – Flowlines & Riser BasesST. JOHN’S, Newfoundland, Dec. 21, 2022 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce that it has received an international Robotics as a Service (RaaS) contract for the high-resolution inspection of the critical sea routes and critical marine infrastructure. The initial contract is valued at $0.8 million and will be undertaken in Q1/2023 using the KATFISH™ high-speed towed synthetic aperture sonar (SAS) system coupled with Kraken’s Automated Launch and Recovery System (ALARS) on a vessel of opportunity. For confidentiality reasons, the location of the contract cannot be disclosed. About KATFISH KATFISH is a high-speed, actively stabilized Synthetic Aperture...

GWSO Accelerates the Development of Clean Energy with MOU for Next Generation Hydrogen Electrochemical and Oxygen Generator

Written by Customer Service on December 21, 2022. Posted in Public Companies.

Temecula, California, Dec. 21, 2022 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc. (GWSO), a global developer of green technologies that help mitigate the effects of climate change, is excited to announce that GWSO and AQST-USA have signed a Memorandum of Understanding for Mutual Cooperation with Northwest UAV, an industry leader in unmanned aerial vehicle (UAV) propulsion system design and manufacturing. This agreement will focus on the testing and potential for integration of GWSO’s sodium battery (which is referred to as a “Hydrogen Electrochemical and Oxygen Generator or HEOG”) with NWUAV’s current framework of hydrogen-based fuel cell power plant projects. With this agreement, AQST-USA and Global Warming Solutions, Inc. embark on the second phase of the HEOG testing. AQST in partnership with one of the leading Tier 1...

Titan Mining Extends Credit Facility Maturity Date

Written by Customer Service on December 21, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 21, 2022 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces it has extended the maturity date of its US$40 million credit facility (the “Credit Facility”) with National Bank of Canada (“National Bank”). The maturity date of the Company’s revolving credit facility has been extended from December 6, 2023 to December 6, 2024. Concurrently, the guarantee provided by the Company’s Executive Chairman through Augusta Investments Inc. and its related entity was also extended to December 6, 2024. Don Taylor, CEO commented, “I am pleased we were able to extend the maturity of the Credit Facility with National Bank to late 2024. This will provide flexibility to our capital structure and allow for capital and exploration investment at our Empire State Mine.” About Titan...

Day: December 21, 2022

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