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Day: February 14, 2023

3D Mapping and Modelling Market is Anticipated to Reach USD 8.62 Billion by 2028 at a CAGR of 14.33% from 2022-2028; Major Technological Breakthroughs and Easy Availability of 3D Equipment to Support Market Growth

SkyQuest has recently released a comprehensive research report on the 3D mapping and modelling market. The report is based on a thorough compilation, evaluation, and interpretation of information obtained from reliable and highly trustworthy sources. The primary objective of the research report is to provide an accurate forecast of the emerging trends in the market for the upcoming years, as well as to estimate the growth potential of major regions and segments. Westford USA, Feb. 14, 2023 (GLOBE NEWSWIRE) — North America is expected to maintain its leading position in the 3D mapping and modelling market due to increasing demand from various medical, civil, and automotive industries. In addition, the market is anticipated to grow due to its usefulness in planning streets, buildings, and bridges, as well as its growing integration...

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Industrial Automation Sensors Market is Predicted to Hit a Revenue of USD 37.76 Billion by Growing with a CAGR of 9.12% During 2022-2028; Growing Automation and Rising Adoption of Wireless Connectivity to Drive Market Growth – SkyQuest

SkyQuest’s most current research report on the industrial automation sensors market will serve as a crucial planning tool for established firms and new market entrants to the automation sensor sector. The report’s research findings are quite trustworthy because they make full use of cutting-edge research and it also offers incredible insights into product requirements and product lineage across various territories, which can aid market participants in product optimization, prioritizing their targeted regions, and designing efficient supply chain solutions to cover a larger territory during a projected timeframe. Westford, USA, Feb. 14, 2023 (GLOBE NEWSWIRE) — The industrial automation sensors market in North America region is predicted to gain the highest market share during the forecast period. The growth of the market...

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Feed Amino Acid Market is Predicted to Surpass a Revenue of USD 17.16 Billion by Growing at a CAGR of 5.8% During 2022-2028; Growing Need for Healthy Animal Food and Dietary Supplements to Elevate Market Growth – SkyQuest

A thorough study of the market for feed amino acid is provided in the report, which takes into account important players, market trends and scenarios, pricing analysis, and more. Along with a thorough analysis of the present state of the industry and forecasts for the future, the study also focuses on primary and secondary market drivers. With all these insights, the study offers a vital resource for anyone wishing to remain on top of the market trends. Westford, USA, Feb. 14, 2023 (GLOBE NEWSWIRE) — The market in Asia Pacific region is predicted to gain the highest market share during the forecast period. The rising urbanization, growing disposable income, and the increasing demand for protein-rich diets and dietary supplements. Furthermore, farmers are choosing amino acids for their livestock animals rather than antibiotics....

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CSV Midstream Solutions Corp. Completes Acquisition of KANATA Energy Group

CALGARY, Alberta, Feb. 14, 2023 (GLOBE NEWSWIRE) — CSV Midstream Solutions Corp. (“CSV” or the “Company”), an independent midstream company based in Calgary, is pleased to announce the acquisition of KANATA Energy Group (“KANATA”). The midstream infrastructure acquired through this transaction includes majority-operated joint venture interests in natural gas gathering and processing facilities in the heart of the Western Canadian Sedimentary Basin at Valhalla and Simonette, near Grande Prairie, Alberta. The gas plants are strategically located near CSV’s greenfield Albright sour gas processing project, and the Company’s Resthaven Gas Plant, respectively. The KANATA assets will add over 150 million cubic feet per day (MMcf/d) net processing capacity to CSV’s currently forecasted capacity of 470 MMcf/d. CSV expects the deal to enhance...

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Sio Gene Therapies Announces Fiscal Third Quarter 2022 Financial Results

–  Three-Month and Nine-Month Losses decline by 84.2% and 73.5%, respectively –  Operating Cash Outflows for the Nine Months Ended December 31, 2022 decreased by $23.8 million or 56% versus the prior year period –  $46.1 million of cash and cash equivalents as of December 31, 2022, a strong cash position as the Company prepares for liquidation and dissolution, subject to stockholder approval NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Sio Gene Therapies Inc. (NASDAQ: SIOX) today provided financial results for its fiscal third quarter ended December 31, 2022. “Our financial results continue to show the beneficial effects on operating expenses and cash burn resulting from the termination of the licenses to our three clinical-stage programs, the significant workforce reduction initiated last year April and successful negotiations with...

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Acasti Pharma Reports Third Quarter 2023 Operational Results

Company to Host Conference Call Today at 1:00pm ET LAVAL, Québec, Feb. 14, 2023 (GLOBE NEWSWIRE) — Acasti Pharma Inc. (“Acasti” or the “Company”) (Nasdaq: ACST and TSX-V: ACST), a late-stage, specialty pharma company advancing three clinical stage drug candidates addressing rare and orphan diseases, today announced financial and operational results for the third quarter ended December 31, 2022 Recent HighlightsThe Company anticipates receiving clarifying guidance from the Food and Drug Administration (FDA) on its proposed phase 3 study design for GTX-104 through a written Type C meeting in the first calendar quarter of 2023. The Company expects that favorable FDA guidance would allow Acasti to initiate the Phase 3 safety study and begin recruiting clinical sites and enrolling patients. The Company expects the study to take about...

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Developing the first ESG handbook for marine minerals

A broad international consortium has been established to develop the first handbook for Environmental, Social and Governance (ESG) disclosure in relation to marine minerals. The purpose of the guidance document is to enable evidence-based assessments of the ESG performance of marine mineral projects in the context of global standardsPolymetallic nodule A seafloor polymetallic noduleNEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) — The IEA estimates a quadrupling of the amount of critical minerals required for the energy transition to meet the sustainable development scenario by 2040. The greater our climate ambition – the greater the demand for minerals will be. The renewable energy system is far more mineral intensive than the current system powered by fossil fuels. While recycling will play an important role, increased recycling...

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GlobalFoundries Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Record Revenue, Gross Margin, Adjusted EBITDA, and Net Income MALTA, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) — GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2022. Key Fourth Quarter Financial HighlightsRevenue of $2,101 million, up 14% year-over-year. Gross margin of 29.6% and adjusted gross margin of 30.1%. Net income of $668 million. Adjusted EBITDA of $821 million. Cash, cash equivalents and marketable securities of $3,346 million.Key Full Year 2022 Financial HighlightsRevenue of $8,108 million, up 23% year-over-year. Gross margin of 27.6% and adjusted gross margin of 28.4%. Net income margin of 17.8% and adjusted EBITDA margin of 38.1%.“Our revenue in 2022 grew 23% year-over-year, and we delivered record gross margin and net...

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Gilat Presents Strong Fourth Quarter and Full Year 2022 Results

Q4 revenue of $73 million, up 8% year over year, GAAP operating income of $6 million and Adjusted EBITDA of $10 million 2022 revenue of $240 million, up 12% year over year, GAAP operating income of $10 million and Adjusted EBITDA of $25 million, up 64% YoY Mr. Isaac Angel, Chairman of the Board, announced his plans to step down. Mr. Ami Boehm named as the new Chairman of the Board PETAH TIKVA, Israel, Feb. 14, 2023 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial HighlightsRevenues of $72.6 million, up 8% compared with $67.0 million in Q4 2021; GAAP operating income of $6.1 million, up 13% compared...

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