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Year: 2022

Monolithic Power Systems Signs Agreement with Vanguard International to Secure Semiconductor Supply

KIRKLAND, Wash., Dec. 12, 2022 (GLOBE NEWSWIRE) —  Monolithic Power Systems, Inc. (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, today announced that MPS and Vanguard International Semiconductor Corporation (VIS), a leading specialty IC foundry service provider, have entered into a foundry agreement to produce power semiconductors. MPS will utilize VIS’s 8-inch (200mm) wafer fabrication capabilities in its Singapore and Taiwan manufacturing facilities. To secure semiconductor supplies for the long term, MPS is deepening partnerships with suppliers at key points in the supply chain. The products manufactured at VIS will meet the growing demand for power devices in datacenters, electric vehicles, solar inverters, robotics, and space systems. “We are excited to partner with VIS to take advantage of their...

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Ascot Arranges C$200 Million Financing Package for Construction of the Premier Gold Project

VANCOUVER, British Columbia, Dec. 12, 2022 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company has entered into non-binding letters of intent for a total of approximately C$200 million in project financing for construction of the Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The proposed finance package will consist of a US$110 million gold and silver streaming agreement (the “Stream”) with Sprott Resource Streaming and Royalty Corp. and/or its affiliates (“Sprott Streaming” or “SRSR”) and a strategic equity investment (the “Strategic Investment”) by Ccori Apu S.A.C (“Ccori Apu”) of C$45 million, a portion of which will be structured as Canadian Development...

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FedNat Holding Company Voluntarily Files for Chapter 11 Bankruptcy Protection

SUNRISE, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company, a regional insurance holding company, today announced that it and certain of its wholly-owned subsidiaries (collectively, the “Company”) have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Florida in order to maximize value for all stakeholders. As part of the Chapter 11 process, the Company will evaluate all strategic alternatives to maximize value for stakeholders, whether that be a reorganization of its business or a sale of its assets. The Company has approximately $6.5 million of cash on hand, which will provide liquidity to support day-to-day operations during the Chapter 11 process, enabling the Company to operate business uninterrupted, including the timely payment...

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USI Insurance Services Acquires Ritman & Associates

New Partnership Strengthens USI Affinity’s Law Firm Program Expertise VALHALLA, N.Y., Dec. 12, 2022 (GLOBE NEWSWIRE) — USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Noblesville, Indiana-based Ritman & Associates Inc. (“Ritman”). Founded in 1989, Ritman specializes in the delivery of insurance solutions for lawyers and professionals, small businesses and individuals. The company’s operations will be combined with USI Affinity, USI’s program business division, providing insurance, financial and risk management services to affinity organization members. Terms of the transaction were not disclosed. Commenting on the new partnership, Ritman & Associates President, Jennifer Ritman, stated: “For over 30 years, our primary...

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With 14.8% CAGR, Facial Recognition Market Worth USD 12.92 billion by 2027

According to Fortune Business Insights, the global facial recognition market size is projected to reach USD 12.92 billion by 2027, at a CAGR of 14.8% during the forecast period, 2020-2027 Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — The global Facial Recognition Market size was worth USD 4.35 billion in 2019. It is projected to reach USD 12.92 billion by 2027, exhibiting a CAGR of 14.8% during the forecast period, 2020-2027. This is ascribable to factors such as increasing demand for advanced video surveillance systems and increasing adoption of modern technologies such as artificial intelligence (AI) and machine learning by manufacturers. Fortune Business Insights™ has published this information in its latest research report titled, “Facial Recognition Market Forecast, 2022-2027.” KEY INDUSTRY DEVELOPMENTS: Any Vision...

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With 10.8% CAGR, Microduct Market Worth USD 9.08 Billion by 2029

According to Fortune Business Insights, the global microduct market size is projected to reach USD 9.08 billion in 2029, at a CAGR of 10.8% during the forecast period, 2022-2029 Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — The global microduct market size was valued at USD 4.06 billion in 2021. The market is projected to grow from USD 4.41 billion in 2022 to USD 9.08 billion by 2029, exhibiting a CAGR of 10.8% during the forecast period. Fortune Business Insights, provide this information in its report titled, “Microduct Market Forecast, 2022-2029.”Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/microduct-market-107040Key Industry Development July 2022: Nestor Cables Ltd, a Finnish company that specializes in fiber optic cables, microducts, and cables, was purchased...

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Financial Calendar for SP Group A/S in 2023

The financial calendar for SP Group in 2023 is: 24 March                                                   Disclosure of financial statements for 202227 April                                                     Annual General Meeting 02 May                                                      Dividend for 2022 at the disposal of shareholders                                                     24 May                                                      Disclosure of Interim Report – First three months 202323 August                                                  Disclosure of Interim Report – First half year 202315 November                                             Disclosure of Interim Report – First nine months 2023AttachmentMeddelelse nr. 71 – Financial Calendar – ENG – 12 12 22

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Industrial Fasteners Market to Reach USD 110.91 Billion by 2029 | Exclusive Research Report by Fortune Business Insights™

Companies covered in industrial fasteners market are Howmet Aerospace Inc. (U.S.), ATF Inc. (U.S.), Nifco Inc. (Japan), MW Industries, Inc. (MWI) (U.S.), LISI Group – Link Solutions for Industry (France), Sesco Industries, Inc. (U.S.), Birmingham Fastener and Supply Inc. (U.S.), BPF (India), Elgin Fastener Group (U.S.), Eastwood Manufacturing (U.S.), and Others Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — The global industrial fasteners market size was valued at USD 79.54 billion in 2021. The market is projected to grow from USD 82.56 billion in 2022 to USD 110.91 billion by 2029, exhibiting a CAGR of 4.3% during the forecast period 2022-2029. This information is provided by Fortune Business Insights, in its report titled, “Industrial Fasteners Market, 2022-2029.” Abnormality in Product Demand Triggered Interruption in Supply...

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Dyes and Pigments Market to Hit USD 56.1 Billion by 2029 | Trending News by Fortune Business Insights™

Companies covered in dyes and pigments market are BASF SE (Germany), DIC CORPORATION (Japan), Clariant (Switzerland), Sudarshan Chemical Industries Limited (India), Huntsman International LLC. (U.S.), Atul Ltd (India), Cabot Corporation (U.S.), DuPont (U.S.), Kiri Industries Ltd. (India), KRONOS Worldwide, Inc. (U.S.), and Others Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, The global dyes and pigments market size is expected to reach USD 39.09 billion in 2021 and reached USD 40.71 billion in 2022. The market is expected to reach USD 56.1 billion by 2029, exhibiting a CAGR of 4.9% during the forecast period, this information in its report titled “Dyes and Pigments Market Size, Share, Growth and Forecast Period 2022-2029.” The rising population, economic development, and the growing...

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With 8.9% CAGR, Drug-eluting Balloon Catheters Market Size worth USD 1,119.4 Million in 2029

According to Fortune Business Insights, the global Drug-eluting Balloon Catheters Market size is projected to grow from USD 529.4 million in 2021 to USD 1,119.4 million in 2029, at a CAGR of 8.9% during the forecast period, 2022-2029 Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — The global drug-eluting balloon catheters market size was valued at USD 529.4 million in 2021. The market is projected to grow from USD 615.2 million in 2022 to USD 1,119.4 million by 2029, exhibiting a CAGR of 8.9% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Drug-eluting Balloon Catheters Market, 2022-2029.” Key Industry Development August 2022: To investigate the safety and effectiveness of peripheral sirolimus drug-coated balloons, BD recently announced the beginning of the first-in-human...

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