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Day: June 23, 2023

Innovate, Elevate, Dominate: Drone Logistics and Transportation Market Set to Soar Past USD 18311.06 Million by 2030

The global Drone Logistics and Transportation market size is expected to reach USD 18311.06 million by 2030 and exhibit a CAGR of 55.2% in the forecast period (2023−2030), according to Skyquest’s latest research report. The cost savings through automation and reduced labor expenses, faster and more efficient delivery capabilities, increasing demand for e-commerce and online shopping, advancements in drone technology and capabilities, improved battery life and flight range, regulatory support and favorable policies for commercial drone operations, expanding applications in sectors such as healthcare, agriculture, and disaster relief, reduced carbon footprint and environmental benefits, are fueling the market’s growth. Westford, USA, June 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research,...

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Subsea System Market to Surpass 19151 Million by 2030 Drives Due to Rising Offshore Investments Drive Demand for Subsea Systems

SkyQuest projects that the subsea system market will attain a value of USD 19151 million by 2030, with a CAGR of 5.8% over the forecast period (2023-2030). The industry is expected to witness growth in the market, driven by several factors. Firstly, as offshore projects become more economically viable, there is an increasing focus on exploring and developing deepwater and ultra-deepwater reserves. Westford USA, June 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, growing offshore oil and gas investments contribute to market growth. Companies are expanding their offshore operations and investing in advanced equipment and services to enhance production efficiency and maximize returns. This trend further drives the demand for subsea systems, which play a vital role in offshore exploration and production activities. Browse in-depth...

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Biological Safety Cabinet Market is Expected to Reach $0.4 billion | MarketsandMarkets.

Chicago, June 23, 2023 (GLOBE NEWSWIRE) — In the near future, the biological safety cabinet (BSC) industry is expected to witness significant advancements and transformations driven by evolving safety standards, technological innovations, and increased demand for biosafety solutions. The industry will focus on developing more efficient and user-friendly BSCs that provide enhanced protection for researchers, technicians, and the environment. These next-generation BSCs will incorporate advanced features such as improved airflow patterns, better filtration systems, and real-time monitoring capabilities. Additionally, there will be a growing emphasis on energy efficiency, noise reduction, and ergonomic design to optimize the user experience. The integration of IoT (Internet of Things) technology and data analytics will enable remote...

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Fidelity Bank Ranks #56 on American Banker’s List of Top 200 Community Banks in the U.S.

SCRANTON, Pa., June 23, 2023 (GLOBE NEWSWIRE) — Fidelity Bank announced that the bank has once again been named to American Banker Magazine’s Top 200 Publicly Traded Community Banks list. This will mark the 9th time Fidelity Bank has been recognized as a top community bank. In its June 19, 2023 article, American Banker ranked Fidelity Bank 56th on its Top 200 Publicly Traded Community Banks with assets between $2 billion and $10 billion based on their three-year average return on average equity. “American Banker is a highly regarded industry publication, and we are honored to have made their Top 200 list,” shared Daniel J. Santaniello, President and CEO of Fidelity Bank. “Our successful ranking supports the philosophy that if we do what is best for our bankers, clients, shareholders, and communities, we all thrive together.” About...

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Medical Image Management Market to Surpass 7.22 Billion by 2030 Drives Due to the Rising Prevalence of Chronic Diseases

SkyQuest projects that the medical image management market will attain a value of USD 7.22 billion by 2030, with a CAGR of 7.6% over the forecast period (2023-2030). The escalating prevalence of chronic diseases is anticipated to significantly drive the growth of PACS for effective medical image management. According to data published by the National Breast Cancer Foundation Inc. in June 2022, it was estimated that in the United States alone, approximately 287,500 new cases of invasive breast cancer would be diagnosed among women in 2022. Westford, USA, June 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the growth of the medical image management market is further fueled by two essential factors: the rapidly increasing big data in healthcare and the substantial growth in geriatric imaging volumes. The healthcare industry generates...

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Inter&Co Marks One Year on Nasdaq

With 1.7 million global users in one year since its Nasdaq listing, Inter&Co lays out its plans for the future BELO HORIZONTE, Brazil, June 23, 2023 (GLOBE NEWSWIRE) — Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, today announced key significant milestones and achievements in the year since its listing of its Class A Common Shares on Nasdaq on June 23, 2022. Considered one of the top players in the Brazilian fintech market, Inter has demonstrated a consistent growth trajectory while expanding its successful model and platform to the US. In just a year, the company has already reached 1.7 million global users with more than $USD 200 million in deposits plus investments. These achievements are a testament...

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C3is Inc. Reports First Quarter 2023 Financial and Operating Results

ATHENS, Greece, June 23, 2023 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2023. These financial results were prepared on a carve-out basis from the financial statements of Imperial Petroleum Inc., which was our parent company prior to the completion of our spin-off on June 21, 2023, and, accordingly, do not reflect any adjustments for the spin-off, the issuance of our common shares and Series A Convertible Preferred Shares, and the $5.0 million working capital contribution to the Company from Imperial Petroleum Inc. in conjunction therewith. OPERATIONAL AND FINANCIAL HIGHLIGHTSSuccessful spin-off of Imperial Petroleum Inc.’s two drybulk carriers...

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Lateral Flow Assays Market to Surpass 24.5 Billion by 2030 Drives Due to the Rising Prevalence of Infectious Diseases

SkyQuest projects that the lateral flow assays market will attain a value of USD 24.5 billion by 2030, with a CAGR of 2% over the forecast period (2023-2030). The high prevalence of infectious diseases and the increasing adoption rate of home-based point-of-care (POC) testing solutions are expected to drive the market’s growth. Lateral flow POC testing has favoured traditional laboratory testing methods due to its cost efficiency and accuracy. Westford, USA, June 23, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, there is a growing need for rapid diagnostic test kits that enable prompt and accurate diagnosis, leading to timely treatment. The World Health Organization (WHO) recognizes the significance of rapid diagnostic tests in improving the quality of disease diagnosis and management, particularly in regions with limited...

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Lifetime Brands, Inc. Announces Results of 2023 Annual Meeting

Declares Dividend to be Paid August 15, 2023 GARDEN CITY, N.Y., June 23, 2023 (GLOBE NEWSWIRE) — Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the results of the votes taken at the Company’s 2023 Annual Meeting of Stockholders held Thursday, June 22, 2023. The stockholders elected the following directors to serve until the next Annual Meeting of Stockholders:Jeffrey Siegel   Chairman of the Board, Former Executive Chairman, Lifetime Brands, Inc.Robert B. Kay   Chief Executive Officer, Lifetime Brands, Inc.Rachael A. Jarosh   Former President and Chief Executive Officer, EnactusCherrie Nanninga   Partner, Real Estate Solutions Group, LLCCraig Phillips   Retired Senior Vice President — Distribution, Lifetime Brands, Inc.Veronique...

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Pliant Therapeutics Presents Data from its Bexotegrast Program at the European Association for the Study of the Liver (EASL) International Liver Congress™

Presentations highlight preclinical and clinical advancements of bexotegrast program in primary sclerosing cholangitis SOUTH SAN FRANCISCO, Calif., June 23, 2023 (GLOBE NEWSWIRE) — Pliant Therapeutics, Inc. (Nasdaq: PLRX), a clinical stage biotechnology company focused on discovering and developing novel therapeutics for the treatment of fibrosis, today announced that it presented Phase 2a clinical data and preclinical data of bexotegrast (PLN-74809) program this week as part of the European Association for the Study of the Liver (EASL) International Liver Congress™ 2023, held June 21- 24, 2023. Bexotegrast, is an oral, small molecule, dual-selective inhibitor of αvβ6 and αvβ1 integrins being developed for the treatment of idiopathic pulmonary fibrosis and primary sclerosing cholangitis (PSC). “PSC is a rare chronic autoimmune...

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