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Day: March 6, 2023

Exela Technologies Announces Updates to 2023 Operational Performance Improvement Objectives

Target estimated savings in the range of $65-$75 million for 2023 Process automation, Work from Anywhere and Anytime solutions lead realignmentIRVING, Texas, March 06, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, today announced updates to its 2023 operational performance improvement objectives. During the fourth quarter, the Company announced operational performance improvement targets by focusing on automation led efficiencies. The company has identified additional savings to help restore historically higher margins relative to recent financial reporting periods and plans to right-size the organization in the face of continuing tight job markets and higher employee costs. “Automation initiatives are leading to process improvements...

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HIGHCO : Shareholding as 02/28/2023

INFORMATION CONCERNING THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES Declaration pursuant to Articles L.233-8 II of the French Commercial Code and 223-16 of the General Regulations of the Autorité des marchés financiers (AMF)Date of settlementof information Total number of shares Number of shares without voting rights (*) Number of voting rights for threshold calculation (**) Number of actual voting rights (exercisable at shareholders’ meeting)February 28, 2023 20 455 403 319 981 22 818 769 22 498 788January 31, 2023 20 455 403 253 414 22 892 958 22 639 544December 31, 2022 20 455 403 250 392 22 948 713 22 698 321(*) exclusively consisting of treasury shares.(**) theoretical voting rights to calculate the threshold crossing including the voting right of treasury shares (article 223-11 of the General Regulations AMF). About...

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Carbon Fiber Market Expected to Reach USD 4.08 Billion by 2028 | At a CAGR of 8.3%

key players operating in the carbon fiber market are Hexcel Corporation (Connecticut, U.S.), TEIJIN LIMITED (Tokyo, Japan), TORAY INDUSTRIES, INC. (Tokyo, Japan), Solvay (Brussels, Belgium), Formosa M Co., Ltd. (Gyeonggi-do, Korea), Mitsubishi Chemical Carbon Fiber and Composites, Inc. (California, U.S.), Nippon Graphite Fiber Co., Ltd. (Hyogo, Japan), Advanced Composites Inc. (Utah, U.S.) and more players profiled. Pune, India, March 06, 2023 (GLOBE NEWSWIRE) — The worldwide carbon fiber market size was USD 2.23 billion in 2020. The market is slated to grow from USD 2.33 billion in 2021 to USD 4.08 billion in 2028 at a CAGR of 8.3% during the 2021-2028 period. This information is provided by our expert analysts at Fortune Business Insights™, in the report, titled, “Carbon Fiber Market, 2021-2028.” Furthermore, rising automotive...

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The NFT Gaming Company Acquires Voxpow Artificial Intelligence (AI) to Integrate into Proprietary Games

Roseland, NJ, March 06, 2023 (GLOBE NEWSWIRE) — The NFT Gaming Company, Inc. (“NFTG” or the “Company”), a developer of a digital gaming platform and community that offers users the ability to mint unique avatars playable in all of the games on the platform in the form of non-fungible tokens, or “NFTs,” today announced that it has acquired the artificial intelligence assets of Voxpow to integrate into its proprietary game portfolio. “We’re excited to implement Voxpow into our ecosystem for the development of next generation Artificial Intelligence-powered games,” said Vadim Mats, Chief Executive Officer of NFT Gaming. “Players will now be able to use their voice to control various aspects of games such as movement, responses, and other actions. Securing this technology allows us to expand our offering of...

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Flat Glass Coatings Market to Reach USD 7.05 Billion by 2029 | Industry CAGR 18% [2022-2029]

Key companies covered in flat glass coatings market are Arkema S.A. (France), The Sherwin-Williams Company (U.S.), Nippon Sheet Glass Co., Ltd. (Japan), Guardian Glass (U.S.), Ferro Corporation (U.S.), Fenzi Group (Italy), Corning Inc. (U.S.), Vitro Architectural Glass (Mexico), Hesse GmbH & Co. KG (Germany), Viracon (U.S.), and Others Key Players. Pune, India, March 06, 2023 (GLOBE NEWSWIRE) — The global flat glass coatings market size was valued at USD 1.96 billion in 2021 and is projected to grow from USD 2.22 billion in 2022 to USD 7.05 billion by 2029, exhibiting a CAGR of 18.0% during the forecast period. This information is published by Fortune Business Insights, in its report, titled, “Flat Glass Coatings Market, 2022-2029.” The flat glass coatings market refers to the market for coatings that are applied to flat glass...

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Drone Software Market to Worth USD 5,961.6 Million by 2027 | At a CAGR 25.05%

Companies covered in Drone Software Market Are Airware, Inc (U.S.), 3D Robotics (U.S.), Dreamhammer Inc. (U.S.), Drone Volt (France), DroneDeploy Inc. (U.S.), ESRI (U.S.), Pix4D(Switzerland), Precisionhawk Inc. (united states), Sensefly Ltd.(Switzerland), Skyward Ltd. (U.S.), DJI (China) Other Players Pune India, March 06, 2023 (GLOBE NEWSWIRE) — The global drone software market size is expected to experience exponential growth by reaching USD 5,961.6 million by 2027 while exhibiting an astounding CAGR of 25.05% between 2020 and 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence and machine learning in the development of this software across the globe. Fortune Business Insights™, in its latest, report, titled, “Drone Software Market Size, Share, and Regional Forecast,...

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Verrica Pharmaceuticals Reports Fourth Quarter and Full-Year 2022 Financial Results

New Drug Application for VP-102 assigned PDUFA goal date of July 23, 2023 VP-102 has potential to address the approximately six million patients in the U.S. with molluscum contagiosum Dosing of first patient in Part 2 of Phase 2 study of VP-315 for treatment of basal cell carcinoma expected in 2Q 2023 Raised gross proceeds of $32.5 million in secondary offering; pro forma cash and cash equivalents to fund planned operations into 1Q 2024 WEST CHESTER, Pa., March 06, 2023 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (“Verrica” or “the Company”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced financial results for the fourth quarter and year ended December 31, 2022. “We continue to execute across all aspects of our business, highlighted...

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Lordstown Motors Reports Fourth Quarter and Fiscal Year 2022 Financial Results

LORDSTOWN, Ohio, March 06, 2023 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE “Lordstown Motors” or “LMC”), an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market, today released its fourth quarter and fiscal year 2022 financial results and provided a business update. Fourth Quarter and Recent Business HighlightsFoxconn Investment of up to $170 million, subject to certain conditions; initial $52 million funded Progressed pre-development work on the new program in collaboration with Foxconn EV Ecosystem Start of commercial sales of the EnduranceTM, an electric full-size pickup truck Supplier quality and performance issues have limited production and sales; corrective actions underway Ending cash and short-term investments of $221.7 million, significantly in excess...

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Acrivon Therapeutics to Present at the Oppenheimer 33rd Annual Healthcare Conference

WATERTOWN, Mass., March 06, 2023 (GLOBE NEWSWIRE) — Acrivon Therapeutics, Inc. (“Acrivon” or “Acrivon Therapeutics”) (Nasdaq: ACRV), a clinical stage biopharmaceutical company developing precision oncology medicines that it matches to patients whose tumors are predicted to be sensitive to each specific medicine by utilizing its proprietary proteomics-based patient responder identification platform, today announced the company’s chief executive officer and president, Peter Blume-Jensen, M.D., Ph.D., will present a company overview on Monday, March 13, 2023 at 3:20 p.m. ET at the Oppenheimer 33rd Annual Healthcare Conference taking place virtually. To access the live webcast of this presentation, visit the Events & Presentations page within the investor section of the company’s website at https://ir.acrivon.com/news-events/events-presentations....

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Windtree Finds Cardiogenic Shock Has High Cost of US Patient Care and Plans Innovation with the Unique Profile of Istaroxime

US Hospital Claims Data Reveals Cardiogenic Shock Patients Have an Average Hospital Length of Stay of 19.6 Days Making Its Intensive Patient Care Cost Very High WARRINGTON, Pa., March 06, 2023 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or the “Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing late-stage interventions for cardiovascular disorders, is targeting cardiogenic shock as a potential indication for its drug candidate, istaroxime and today announces results of a recently completed market study.    Innovative therapeutic interventions have the potential to decrease the long length of hospital stay associated with cardiogenic shock and its resulting high cost to the health care system. US hospital claims data obtained by Windtree show that in 2020 the US average cardiogenic shock patient...

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