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Day: April 11, 2023

Global Fuel Cell Market to Reach $16.81 Billion in 2023, Driven by Growing Demand for Clean Energy Alternatives

SkyQuest’s Fuel Cell market report is an excellent analysis for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford USA, April 11, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the Fuel Cell market will attain a value of USD 16.81 billion by 2030, with a CAGR of 26.0% over the forecast (2022-2030). Fuel cells have become more widely used as backup power sources for data centres in recent years due to their high efficiency,...

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1st Security Bank Announces Chief Lending Officer Succession Plan

MOUNTLAKE TERRACE, Wash., April 11, 2023 (GLOBE NEWSWIRE) — 1st Security Bank of Washington has named Ben Crowl to succeed Dennis O’Leary as Chief Lending Officer (“CLO”), effective July 1, 2023. Crowl currently serves as Senior Vice President, Director of Consumer Lending. He previously served the Bank as Senior Vice President, Commercial Lending Team Lead. Dennis O’Leary has served as the Bank’s CLO since 2013. “Dennis has been instrumental in guiding the Bank’s growth from $285 million in assets at December 31, 2011, the year he joined the Bank, to $2.63 billion at December 31, 2022. I can’t imagine where we would be today without Dennis’s talent and contributions,” said 1st Security Bank CEO Joe Adams. “In true Dennis style, the succession timing was his idea. Some time ago Dennis asked me if our Board would consider him stepping...

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LiveOne Breaks Multiple Records Including 2.9 Million Total Members**

– Paid Members Grew by 592K – a 45% Increase to Over 2 Million Paid Members** For Fiscal 2023 – 177K Tesla Members This Quarter – Expects 3.75 Million Total Members This Year LOS ANGELES, CA, April 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO) is an award-winning, creator-first music, entertainment, and technology platform. LiveOne’s CEO and Chairman, Robert Ellin, commented, “We are seeing robust membership growth having achieved the largest increase in free ad-supported and paid membership since inception of the company. Given this momentum, we expect our total memberships to grow to more than 3.75 million this year.” About LiveOne, Inc.Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the “Company”) is an award-winning, creator-first, music,...

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The Power of EV-olution: Electric Vehicle Market Charges into the Future

SkyQuest’s Electric Vehicle market report is an excellent analysis for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford, USA, April 11, 2023 (GLOBE NEWSWIRE) — The E-Vehicle market is anticipated to achieve a value of USD 942.54 billion by 2030, with a CAGR of 19.10% over the forecast period (2022-2030), driven by government incentives and regulations, declining battery prices, increasing charging infrastructure,...

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Freedom of Mobility Forum Publishes Key Takeaways from Inaugural Live Debate

Freedom of Mobility Forum Publishes Key Takeaways from Inaugural Live DebateMobility, decarbonization, global objectives emerge as headline topicsInternational panel expressed opinions on the environmental, social and financial impacts of providing accessible, safe, and sustainable freedom of mobilityAMSTERDAM, April 11, 2023 – The Freedom of Mobility Forum, initiated by Stellantis and facilitated by Wavestone as a neutral third party, has published key takeaways from the inaugural live digital debate on the topic, “In a decarbonized world, will freedom of mobility be affordable to a happy few only?” A summary of the key takeaways is available on the Freedom of Mobility Forum website where the replay is also accessible. Stakeholders can use the takeaways to leverage dialogue in their respective domains. Going forward, the platform...

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Bose Corporation Announces Sale of Bose Professional to Transom Capital

LOS ANGELES, April 11, 2023 (GLOBE NEWSWIRE) — Today, Bose Corporation, a US-based multinational company and global leader in audio systems, has announced the sale of the Bose Professional Division to Transom Capital Group (“Transom”), a leading operations-focused middle market private equity firm. With this deal, Transom will assume ownership of the Bose Professional commercial installation and conferencing businesses. Bose will retain its portable PA systems as part of its core consumer product business. For more than 50 years, Bose Professional has developed audio systems that are easy to design, install and operate for performance, commercial and conferencing applications, and has worked with AV integrators, system designers, installers and consultants to deliver these unforgettable audio experiences. Today, its systems can...

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GoLogiq to Acquire Shape Super, a Leading Manager and Administrator of Self-Managed Super Funds

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) — GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has entered into a non-binding letter of intent to acquire Australian-based Shape Super Australia Pty Ltd (Shape), a prominent manager and administrator of self-managed super funds (SMSFs). The acquisition will expand the services offered by the company’s subsidiary, GENFI Financial Group, and enable its accountants and advisors to take greater advantage of the specialist management and administration services offered by Shape. Shape currently administers more than 1,500 SMSFs and is on track to increase this number to more than 2,000 by year end. Shape’s assets under administration presently total more than AU$1.6 billion, which is anticipated to grow to more than AU$2.0 billion by year end,...

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Gorilla Technology Group Announces Intention to Acquire Bacom Internetwork

Acquiring Thailand-based systems integrator and provider of Smart Cities solutions is key step in Gorilla’s global expansion strategy LONDON, April 11, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it has entered into a non-binding Letter of Intent (“LOI”) to acquire Thailand-based Bacom Internetwork. Since 2011, Bacom Internetwork has been a pioneering distributor and systems integrator of some of the most intelligent and innovative security technologies in Thailand. Bacom is a leading provider of Smart City Infrastructure solutions, including Apismart, a Smart Building solution it developed that improves living standards through Smart Security and Smart Ecosystem, contributing to a...

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Agrify Announces Completion of Total Turnkey Cultivation Facility Denver Greens Pending Final Inspection

Phase 1 of major construction is complete at the facility with plans for both cultivation and extraction BILLERICA, Mass., April 11, 2023 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that Denver Greens (Denver, CO) is anticipated to become the new operating partner of Agrify through the acquisition of the total turnkey (TTK) project Greenstone, pending execution of documentation and final approval from the Colorado Marijuana Enforcement Division (MED). The Agrify TTK Solution is a first-of-its-kind program in which Agrify engages with qualified cannabis operators to provide critical support including: design and buildout of cultivation and extraction facilities, providing state-of-the-art...

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Shockwave Medical Completes Acquisition of Neovasc

SANTA CLARA, Calif., April 11, 2023 (GLOBE NEWSWIRE) — Shockwave Medical, Inc. (NASDAQ: SWAV) (“Shockwave”), a pioneer in the development of Intravascular Lithotripsy (“IVL”) to treat severely calcified cardiovascular disease, today announced the completion of its previously announced acquisition of Neovasc Inc. (“Neovasc”). The Neovasc Reducer System (the “Reducer”) is a first-of-its-kind technology to address refractory angina. Refractory angina is a chronic condition in which a patient suffers chest pain that cannot be controlled by conventional therapies. It is estimated that each year, in the United States (“U.S.”) and the European Union (“E.U.”) alone, up to 300,000 new patients with obstructive coronary disease who are ineligible for conventional revascularization experience refractory angina, despite guideline-directed...

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