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Day: May 23, 2023

Airport Services Market to Worth $290.23 Bn by 2029 | Fortune Business Insights™

Key companies covered airport services market are Beijing Capital International Airport Co Ltd (China), Fraport AG Frankfurt Airport Services Worldwide (Germany), Air General Inc. (The U.S.), dnata (Dubai), Worldwide Flight Services (France), A.S. Services Group, Inc. (The U.S.), LHR Airports Limited (The U.K.), Acciona (Spain), Signature Aviation plc (The U.K.), Tokyo International Air Terminal Corporation (Japan), Çelebi Aviation (Turkey), Airports de Paris SA (France) and others Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global airport services market size is anticipated to hit USD 290.23 billion by 2029 and exhibit a CAGR of 16.80% during the forecast period. The development of advanced airport infrastructure and services is predicted to augment the market’s expansion in the forthcoming years. Fortune Business Insights...

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ApartmentLove Signs Letter of Intent to Acquire Cashflow Positive Luxury Real Estate Internet Listing Site

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers from around the world is pleased to announce the signing of a non-binding Letter of Intent (the “LOI”) to acquire certain assets of a luxury real estate internet listing site serving some of the largest real estate brokerages around the world (the “Listing Site”) (the “Proposed Transaction”). Underscoring management’s resolve to consolidate the deeply fragmented internet listing industry, the Proposed Transaction would be the Company’s third acquisition in less than 12-months and its first in the purchase and sale sector. The Listing Site counts many of the largest and...

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Emerita announces 14.07 MT Indicated Resource grading 3.29% Zn, 1.66% Pb, 0.46% Cu, 75.2 g/t Ag and 1.39 g/t Au (7.63% ZnEq) and 4.71 MT Inferred Resource at 4.70% Zn, 2.14% Pb, 0.54% Cu, 72.4% Ag, 0.90 g/t Au (9.29% ZnEq). Deposits remain open and drilling continues

Figure 1 Plan View La RomaneraFigure 2 Long section Upper Lens La RomaneraFigure 3 Long section Lower Lens La RomaneraFigure 4 Plan View La InfantaFigure 5 Long Section La InfantaFigure 6 Recently expanded Property with addition of Infanta Sur (848.5 hectares). It is anticipated that the gap between the Properties will also be awarded to Emerita in due courseTORONTO, May 23, 2023 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) is pleased to announce the maiden independent NI 43-101 compliant resource estimate based on drill results from the 2022-23 resource delineation drilling program at La Romanera and La Infanta deposits, part of Emerita’s wholly owned Iberian Belt West project (“IBW” or the “Project”). Mineral Resource estimation was completed...

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REE Automotive Announces First Quarter 2023 Financial Results

Continued growth in authorized dealer network and orders, on track for initial production and pilot deliveries by the end of 2023 TEL AVIV, Israel, May 23, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced its financial results for the first quarter ended March 31, 2023, through a shareholder letter posted on the company’s investor relations website at https://investors.ree.auto. The company will also hold a conference call today, May 23 at 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company’s website. Click here for webcast URL. For the telephone conference online registration click here. 1Q23 Highlights:REE remains focused on zero emission...

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Kingsoft Cloud Announces Unaudited First Quarter 2023 Financial Results

BEIJING, May 23, 2023 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “This quarter we remained committed to our high-quality and sustainable development strategy, continued to build our success based on technology, built our full life-cycle brand recognition centered around our clients, while keep enhancing our management of operating. Our results over the past few quarters demonstrate the effectiveness of our strategy. As we prepare to meet future opportunities and challenges head-on, we will nimbly execute on our strategy to create value for our customers,...

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Cable Tray Market Size Expected to Reach USD 5.46 Billion by 2026 | Advancements in IT & Telecom Sector to Provide Several Growth Opportunities

According to Fortune Business Insights, the global cable tray market size is projected to grow from USD 2.75 Billion in 2018 to USD 5.46 Billion in 2026 at CAGR of 9.06% during forecast period. Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global cable trays market is likely to derive growth from the growing power needs and increasing number of sub-stations across the world. According to a report published by Fortune Business Insights, titled “ Cable Tray Market Size, Share & Industry Analysis, By Type (Ladder, Solid Bottom, Trough, Channel, Wire Mesh, Single Rail), By End-User (Power, Construction, Manufacturing, IT & Telecom, Others), By Material (Steel, Aluminium, Stainless Steel), and Regional Forecast, 2019-2026,” the market was valued at USD 2.75 Billion in 2018 is projected to reach USD 5.46 Billion by 2026,...

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Formula Systems Reports First Quarter 2023 Financial Results: Revenues for the First Quarter Increased by 3% Year Over Year to a Record-Breaking $670.4 Million

Operating Income for the First Quarter Increased by 2.3% Year Over Year to a Record-Breaking $60.8 million OR YEHUDA, Israel, May 23, 2023 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the first quarter ended March 31, 2023. Financial Highlights for the First Quarter Ended March 31, 2023Consolidated revenues for the first quarter ended March 31, 2023 increased by approximately 3.0% to $670.4 million, compared to $650.7 million in the same period last year. On a constant currency basis (calculated based on average currency exchange...

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Autonomous Mobile Robots Market Size [2021-2028] Worth USD 8.70 Billion by 2028 | Introduction of Heavy-Duty Mobile Robots to Augment Growth

Autonomous Mobile Robots Market to Exhibit a Significant Growth Rate; Thriving E-commerce Industry to Incite Development Pune, India, May 23, 2023 (GLOBE NEWSWIRE) — The global autonomous mobile robots market size is expected to reach USD 8.70 billion in 2028. The high dependency on automation to manage supply chain ecosystem coupled with booming e-commerce industry will bolster the autonomous mobile robots market growth in the forthcoming years, states Fortune Business Insights, in a report, titled “Autonomous Mobile Robots Market Size, Share & Industry Analysis, By Type (Goods-to-person Picking Robots, Self-driving Forklifts, Autonomous Inventory Robots, and Unmanned Aerial Vehicles), By Application (Sorting, Pick & Place, Tugging, Warehouse Fleet Management and Others), By End-User (Warehouse & Distribution Centers...

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Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2023

Revenue:$309.5 million for Q1 2023   30.8% increase compared to Q1 2022Net Income:$99.2 million for Q1 2023   15.8% increase compared to Q1 2022Earnings per common unit:$3.22 for Q1 2023   15.8% increase compared to Q1 2022Net cash from operating activities:$94.5 million for Q1 2023EBITDA:$188.8 million for Q1 2023   49.7% increase compared to Q1 2022$3.4 billion in contracted revenue through 2036$161 million from long-term charters contracted YTD$242.2 million gross sale proceeds from sale of 13 vessels$160.3 million completed in Q1 2023 $  81.9 million expected to close in Q2 2023$0.05 per unit cash distribution for Q1 2023MONACO, May 23, 2023 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker...

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GeneDx to Participate in World Orphan Drug Congress Keynote and Panel Presentations

Keynote session to highlight value of GeneDx genomic data and clinical insights to accelerate genetic neurodevelopmental disorder pipeline for Mahzi Therapeutics STAMFORD, Conn., May 23, 2023 (GLOBE NEWSWIRE) — GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today announced that it will participate in multiple presentations at the World Orphan Drug Congress in Washington, D.C., May 23-25, 2023. The keynote session will highlight how GeneDx’s deeply curated, 20 plus year genomic dataset combined with strong research and development experience of a biopharma partner accelerates drug development programs. Amanda Singleton, Head of Biopharma and Strategic Partnerships and Vinnie Ustach, Applied Computational Biology Lead, both from GeneDx, will be joined by Jennifer Panagoulias,...

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