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Month: April 2023

Scent-sational Growth: Essential Oils Market Expected to Reach New Heights with Increasing Popularity

SkyQuest’s Essential Oils market report is excellent information 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 04, 2023 (GLOBE NEWSWIRE) — The forecast period (2022-2030) is expected to see the Essential Oils market reach a value of USD 39.5 billion, with a compound annual growth rate (CAGR) of 7.8%. Several factors, including the increasing popularity of aromatherapy, growing demand for natural...

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Performance Shipping Inc. Announces US$2.0 Million Share Buyback Plan

ATHENS, Greece, April 04, 2023 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors has approved a share repurchase plan (the “Plan”). Under the Plan, the Company may repurchase up to US$2.0 million of its outstanding common shares, representing approximately 21% of the market capitalization of its outstanding common shares as of the close of trading on April 3, 2023. Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “Rising interest rates, global economic uncertainty and the recent banking crisis have impacted capital markets and near-term sentiment. Following the recent share price development, we find it in our shareholders’ interest that the Company has the...

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Bare Knuckle Fighting Championship Joins Rumble Sports Lineup

Bolstering a growing sports vertical, Rumble enters live sports distribution with Bare Knuckle Fighting Championship LONGBOAT KEY, Fla. and LAS VEGAS, April 04, 2023 (GLOBE NEWSWIRE) — Rumble, the video-sharing platform (NASDAQ: RUM), announced today the addition of Bare Knuckle Fighting Championship (BKFC) to its growing roster of live sports leagues. Along with the popular combat sport Power Slap, Rumble continues to ramp up its sports lineup with the recent addition of BKFC. BKFC will kick off its Rumble distribution with a press conference for BFKC-41 at the Palm Casino Resort in Las Vegas, Nevada, on Tuesday, April 4th at 12 p.m. PT. Hosted by David Feldman, President and Founder of BKFC, the press conference will feature MMA legends including Chael Sonnen, ‘Platinum’ Mike Perry, Luke Rockhold, Chad Mendes, Eddie...

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CPS Technologies Corporation Announces SBIR Contract Award for Lightweight UH-60 Flooring Development

NORTON, Mass., April 04, 2023 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) has been awarded a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army to develop lightweight, reconfigurable UH-60 flooring. CPS will develop a structural armor floor system for the UH-60 fleet that reduces aircraft weight while maximizing mission configuration flexibility. CPS will design and fabricate a Ballistic Armor Protection System (BAPS) using our proprietary HybridTech Armor® Metal Matrix Composite (MMC) technology. HybridTech Armor consists of ceramic tiles that are encapsulated in fiber-reinforced Aluminum (Al). MMC and monolithic ceramic tiles yield robust ballistic and structural performance while reducing weight compared to other metallic armor systems.  Director of Product Development, Dr. Stephen...

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Sanara MedTech Inc. Announces 510(k) Clearance for BIASURGE™ Advanced Surgical Solution

FORT WORTH, TX, April 04, 2023 (GLOBE NEWSWIRE) — Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. (“Sanara,” the “Company,” “we,” “our” or “us”) (NASDAQ: SMTI), a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical, chronic wound and skincare markets, announced today that it has received 510(k) clearance for BIASURGE™ Advanced Surgical Solution (“BIASURGE™“). Zach Fleming, Sanara’s CEO, stated, “A key part of our surgical market growth strategy is to expand the number of efficacious products we offer that improve outcomes and reduce costs. Commercializing BIASURGE™ is the next step in our execution of this strategy, and receiving our 510(k) clearance is...

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Blink Charging Selected as Preferred Provider for Mike Albert Fleet Solutions Referral Program Aimed to Electrify Customers

The Fleet Electrification Referral Program connects fleet customers with Blink’s best-in-class electric vehicle charging solutions. Miami Beach, Fl, April 04, 2023 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK) (“Blink”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it has entered into a referral cooperation agreement with Mike Albert Fleet Solutions, one of the leading mobility companies in the country, to begin to refer their fleet clients to Blink as part of their new Fleet Electrification Referral Program. This initiative is designed to provide Blink’s advanced EV chargers to customers considering fleet electrification. The program will help fleet managers quickly and seamlessly navigate the logistics of electrification, including charging infrastructure,...

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Nexters Presents Its Research: Almost 50% Of Gamers Tolerate Non-core GamePlay Ads Research

Limassol, Cyprus, April 04, 2023 (GLOBE NEWSWIRE) — An international game development company Nexters Inc. (NASDAQ: GDEV), today released the results of its research exploring gamers’ attitudes toward Non-core GamePlay Ads. To conduct the research, Nexters asked its audience to fill in the survey form distributed right in the games — 5212 respondents across the USA, Europe, Japan, and Brazil participated in the research.  The key findings are presented below:Most gamers across the globe have noticed misleading ads within the industry: in the USA, 91% of gamers have seen such ads; in other regions, this number ranges from 71% to 77.2% Almost 75% of gamers both in Europe and the US agree or somewhat agree lots of misleading ads turn out to be more fascinating than the actual in-app experiences. In Brazil and Japan,...

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California Water Service Group Enters New $600 Million Credit Agreement

SAN JOSE, Calif., April 04, 2023 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) today announced that it has entered into unsecured revolving credit facilities for Group and its subsidiaries totaling $600 million for a term of five years. Of the total, $400 million is available to California Water Service Company (Cal Water), a wholly owned subsidiary of Group, and $200 million is available to Group and the subsidiaries other than Cal Water. Additionally, the credit facilities may be expanded up to an incremental $150 million under the Cal Water facility and up to $50 million under the Group facility, subject to certain conditions. The proceeds from the credit facilities may be used for working capital purposes, including short-term financing of capital investments pending longer-term financing for those investments....

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Bright Green Announces Decision to Complete Alterola Biotech Acquisition

Bright Green to acquire remaining 75% of Alterola common stock Agreements and completion will be subject to customary conditions and regulatory and stockholder approvals Alterola will support Bright Green’s activities to manufacture and distribute federally compliant, pharmaceutical-grade cannabis and derivatives GRANTS, N.M., April 04, 2023 (GLOBE NEWSWIRE) — Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced that it will move forward with its previously announced strategic arrangement and confirms its intention to exercise the call option on the total acquisition...

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IOT Smart Home Market: Transforming the Modern Home and Revolutionizing Living

SkyQuest’s IOT Smart Homes market report is excellent information 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 04, 2023 (GLOBE NEWSWIRE) — The market for IoT smart homes is expected to experience significant growth, reaching a value of USD 417 billion by 2030 with a compound annual growth rate (CAGR) of 31.91% during the forecast period (2022-2030). This growth is being fueled by several factors,...

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