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Month: June 2023

WISeKey Announces Expansion of Its Satellite Business Into a New Entity – WISeSat AG – based in Zug, Switzerland

WISeKey Announces Expansion of Its Satellite Business Into a New Entity – WISeSat AG – based in Zug, Switzerland WISeSat in cooperation with FOSSA Systems would be launching several new WISeSat-Ready FOSSA powered satellites with SpaceX A SpaceX Falcon 9 rocket will launch the Transporter-8 mission. The launch date is currently targeted for June 08, 2023. View video of previous launch at: https://www.youtube.com/watch?v=qO4L6W7_W3s Geneva and Zug Switzerland – June 6, 2023 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY), a leading cybersecurity, IoT and AI company, today is announcing the expansion of its satellite business into a new special purpose company, WISeSat AG. Headquartered in Zug, Switzerland, the new entity will focus on adding satellites to the constellation of already launched WISeSat-Ready...

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Volcon Receives Additional Orders From US Army for Stag

NASDAQ: VLCN Receives Additional Orders From US Army for Stag NASDAQ: VLCN Receives Additional Orders From US Army for StagAUSTIN, Texas, June 06, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today that it has received notice of award of two additional orders to deliver a total of five Stag UTV vehicles to the U.S. Army under the management of the U.S. Army Engineer Research and Development Center’s (ERDC) Construction Engineering Research Laboratory (CERL). The Stag is expected to be delivered to multiple U.S. Army locations in late 2023. —————-View the Volcon Stag in action here: https://www.volcon.com/stag—————- Awarded through the Defense Logistics Agency (DLA) Tailored Logistics...

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Splash Beverage Group Reports 2023 First Quarter Financial Results

Net Sales Rise 48% to $5.8 MillionGross Profit Rises 36% to $1.8 Million FORT LAUDERDALE, FL, June 06, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today reported financial results for the first quarter period ended March 31, 2023. Investors are encouraged to read the Company’s quarterly report on Form 10-Q which was filed with the Securities and Exchange Commissions (the “SEC”), contains additional information, and is posted at https://splashbeveragegroup.com/. First Quarter Financial PerformanceNet revenue for the first quarter was $5.8 million compared to $3.9 million in the prior year period, an increase of 48%. The increase in revenues was primarily due to increases in all beverage...

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Paratek Pharmaceuticals to be Acquired by Gurnet Point Capital and Novo Holdings

Transaction Provides Paratek Shareholders with Immediate Value and Liquidity Reflects Potential Value of $3.00 per Share of Common Stock, Including Upfront Cash Payment of $2.15 per Share and a Contingent Value Right of $0.85 on Achievement of a Commercial Milestone Total Transaction Consideration of up to Approximately $462 Million BOSTON and CAMBRIDGE, Mass., June 06, 2023 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (“Paratek”) (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel therapies for life-threatening diseases and other public health threats, today announced it has entered into a definitive agreement to be acquired by Gurnet Point Capital (“Gurnet Point”) and Novo Holdings A/S (“Novo Holdings”) in a transaction valued at approximately $462 million,...

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VCI Global Declares Interim Dividend And Firms Up Dividend Policy

KUALA LUMPUR, Malaysia, June 06, 2023 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share. The payout is the Company’s way of rewarding its shareholders for their support over the years. The dividend will be paid out on Monday, 31 July 2023 to the shareholders whose names are on the record at the close of business on Monday, 3 July 2023. The ex-date is Friday, 30 June 2023. VCI Global also announced a change in its dividend policy where dividend will be paid on a regular basis at the end of each financial year. This is notwithstanding interim dividends which may be declared intermittently. The Company’s Board of Directors shall hold sole discretion on the quantum to be paid to the shareholders. As for the half yearly...

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HeartCore to Host ‘Listing on U.S. Stock Exchanges’ Seminar on June 9, 2023 in Tokyo, Japan

NEW YORK and TOKYO, June 06, 2023 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc. (“HeartCore” or “the Company”), a leading software development company offering Customer Experience Management Platform (“CXM Platform”) and Digital Transformation (“DX”), will host a U.S. Exchange Listing seminar on June 9, 2023 in Tokyo, Japan. The seminar will consist of a lecture and panel discussion by Keith Moore, CEO of Boustead Securities, LLC. HeartCore expects a myriad of Japanese companies to be in attendance, as the seminar will inform attendees of the realities of going public on U.S. Exchanges, including The Nasdaq Stock Market (“Nasdaq”) and the New York Stock Exchange (“NYSE”), in addition to an overview of its very successful Go IPO consulting service. As of May 31, 2023, HeartCore has received confirmation from 91 companies to be...

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Skkynet Expands Market Opportunities in Asia

MISSISSAUGA, ON, June 06, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB: SKKY) is pleased to announce HongKe Technology Co., Ltd. as a new distributor partner to expand its services in mainland China, Hong Kong, Macau, Taiwan, and South Korea. “Skkynet continues to grow with strategic partnerships in the industrial automation space,” stated Paul Thomas, President, Skkynet Cloud Solutions, Inc.  “Demand for secure access to remote industrial systems is strong and continues to grow.  We see significant growth opportunities in Asia. “HongKe Technology Co., Ltd. provides high level technical services to over 4,300 companies in 40 industries. With an extensive engineering and sales team, they are an ideal distribution partner in Asia.” The new Cogent DataHub® features, combined...

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GBT Received a Notice of Allowance for its Microchip Reliability Verification and Auto-Correction Patent Application

The patent application covers a ML-Driven technology to detect and correct microchip’s reliability violations, particularly for advanced nanometer nodes SAN DIEGO, June 06, 2023 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCHD ) (“GBT” or the “Company”), received a notice of allowance for its microchip’s reliability verification and auto-correction electronic design automation (EDA) patent application, which has been assigned internal project’s code name, Epsilon. As integrated circuits (ICs) manufacturing node is constantly scaling down, design firms are facing a broad spectrum, complex challenge in the electrical reliability domain, which is dictated by the laws of physics. Microchip reliability refers to the ability of an IC to perform its intended functions accurately and consistently over its operational lifetime....

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CEMATRIX Announces $5.9 Million in New Contracts, Backlog Continues to Grow to $95.7 Million

CALGARY, Alberta, June 06, 2023 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“) a North American leading manufacturer and supplier of technologically advanced cellular concrete products is pleased to announce it has executed $5.9 million in new contracts to bring total contracts announced since the end of the fiscal year to $21.7 million and $58.3 million since August 3, 2022. $38.2 million of the current backlog is scheduled for 2023. $34 million of the 2023 backlog is contracted and a portion of these contracts have already been placed in 2023. To date, the current backlog already represents a 31.7% increase compared to total sales for 2022, an increase that will continue to rise as new contracts are announced and completed for the remainder of 2023. The...

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Atico Mining Announces Another Major Milestone with the Signing of the Presidential Decree for its La Plata Project, Ecuador

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) is pleased to announce that on May 31, 2023, Ecuador’s President, Guillermo Lasso Mendoza, signed an environmental consultation decree (the “Decree”) starting an important and last environmental permitting milestone for the construction of the La Plata project in Ecuador. The decree introduces a new process of citizen participation in the environmental studies completed on La Plata project while at the same time becoming a requirement for all large projects like roads, infrastructures, hospitals, hydro-electrical power as well as mining projects. This process brings additional transparency, project optimization and also serves as a platform for an open and informed dialogue between the...

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