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Month: July 2023

Intelligent Transportation Systems Market Set to Soar Past USD 88.62 Billion by 2030

The global Intelligent Transportation Systems market size is expected to reach USD 88.62 billion by 2030 and exhibit a CAGR of 7.1% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing urbanization, growing demand for road safety, need for efficient transportation infrastructure, government initiatives and regulations, and technological advancements are fueling the market’s growth. Westford, USA, July 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Intelligent Transportation Systems market, connected and autonomous vehicles (CAVs) becoming more prevalent, the integration of ITS with smart city initiatives, the emergence of Mobility-as-a-Service (MaaS) models, increased adoption of cloud computing and data analytics for intelligent...

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HII is Awarded Naval Surface Warfare Center’s Integrated Training Systems Contract

integrated training systems installation and sustainment (ITSIS) contract HII’s Mission Technologies division has been awarded a $41 million contract to provide integrated training systems installation and sustainment (ITSIS) for the U.S. Navy.MCLEAN, Va., July 19, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Mission Technologies division has been awarded a $41 million contract to provide integrated training systems installation and sustainment (ITSIS) for the U.S. Navy. The task order was awarded under the Naval Sea Systems Command’s (NAVSEA) SeaPort Next Generation contract to support the Naval Surface Warfare Center Dahlgren Division Dam Neck Activity (NSWCDD DNA) and has a one-year base period plus one six-month extension. The work expands upon HII’s existing support of training systems to the customer. “HII is excited to...

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Soil Conditioners Market Set to Soar Past USD 10.34 Billion by 2030: Soil Conditioners for Bountiful Harvests

The global Soil Conditioners market size is expected to reach USD 10.34 billion by 2030 and exhibit a CAGR of 7.1% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing awareness about the importance of soil health and sustainability in agriculture, growing demand for organic and eco-friendly farming practices, and rising need to improve soil fertility and structure for enhanced crop productivity are fueling the Market’s growth. Westford, USA, July 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Soil Conditioners market, increasing demand for organic and sustainable agriculture practices, adoption of precision farming techniques, the growing popularity of soil health management and regenerative agriculture, development of innovative...

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Young Insurance Agency Group Joins World Insurance Associates

Iselin, NJ, July 19, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Young Insurance Agency Group, Inc. (“Young Insurance”) of Portsmouth, VA on July 1, 2023. Terms of the transaction were not disclosed. Since 1973, Young Insurance has been providing clients with insurance solutions for their personal and business needs.    “At Young Insurance, we protect what’s important to our customers, providing them with the right insurance at the right price,” says William “Bill” Young, President, Young Insurance Agency Group. “As part of World, we can offer our customers even more products and services, while continuing our mission to be the one stop shop for their insurance needs.”   “On behalf of the World family I’d like to give a warm welcome...

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FuelPositive Announces Successful Completion of Private Placement

WATERLOO, Ontario, July 19, 2023 (GLOBE NEWSWIRE) — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company”), a leading Green Ammonia company, is pleased to announce that it has completed the final tranche of its non-brokered private placement and has issued a further 31,443,069 units (each, a “Unit”), at a price of $0.065 per Unit, for gross proceeds of $2,043,800. Each Unit consists of one common share of the Company and one common share purchase warrant (each, a “Warrant”), allowing holders to purchase an additional common share at an exercise price of $0.09 until July 18, 2026 (the “Offering”). In the event the volume-weighted average closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.40 for ten consecutive trading days, the Company retains the option to accelerate the expiry...

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MRES: M2Bio Sciences Appoints Adrian J. Maizey, Accomplished CEO and Financial Expert, to Advisory Board

CAPE TOWN, South Africa, July 19, 2023 (GLOBE NEWSWIRE) — via IBN — Institute of Biomedical Research Corp. (OTC PINK: MRES) (“Institute of Biomedical Research” or the “Company”), a nutraceutical biotechnology company focused on alternative plant-based cannabinoids, medical psilocybin and mental health therapeutic research powered by artificial intelligence, and evidence-based sustainable products and solutions, is pleased to share the following update: M2Bio Sciences, a trailblazing biotechnology company committed to pioneering groundbreaking research, is proud to announce the appointment of Adrian Maizey to its esteemed Advisory Board. A distinguished leader and financial and data analytics expert, Adrian Maizey brings a wealth of experience and expertise from his prior roles in top-tier firms with...

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Magnetic Resonance Imaging Market to Worth USD 9 Billion by 2030 | Skyquest Technology

Magnetic resonance imaging is segmented based on the architecture, field strength. Based on architecture, the market is segmented into closed MRI systems, standard bore MRI, wide bore MRI and open MRI systems. Based on field strength, the market is segmented into low-field strength, mid-field strength and high-field strength- Industry Forecast 2023-2030 Westford,USA, July 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the magnetic resonance imaging market is witnessing significant growth, primarily driven by the increasing prevalence of chronic and serious diseases worldwide. In today’s medical landscape, there has been a consistent rise in the incidence of various severe and chronic illnesses, necessitating a higher demand for advanced medical imaging technologies. Browse in-depth TOC on the “Magnetic Resonance...

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Edible Garden Introduces GreenThumb 2.0 Patented, Proprietary Greenhouse Management Software

Enhanced Tool Provides Dynamic Forecasting and Efficient Data Integration Provides Enhanced Ability to Manage Costs BELVIDERE, NJ, July 19, 2023 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced the launch of GreenThumb 2.0, an enhanced version of the Company’s proprietary, cloud-based, GreenThumb greenhouse management and demand planning system, which provides the ability to manage goods throughout the entire supply chain. Mr. Jim Kras, Chief Executive Officer of Edible Garden, stated, “I am pleased to announce the launch of GreenThumb 2.0, the next generation of our advanced, state-of-the-art, greenhouse management system. With an improved degree...

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Plumas Bancorp Reports Record 2023 Earnings

RENO, Nev., July 19, 2023 (GLOBE NEWSWIRE) — Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank, today announced earnings during the second quarter of 2023 of $6.7 million or $1.14 per share, an increase of $1.0 million from $5.7 million or $0.97 per share during the second quarter of 2022. Diluted earnings per share increased to $1.12 per share during the three months ended June 30, 2023 up from $0.96 per share during the quarter ended June 30, 2022. For the six months ended June 30, 2023, the Company reported net income of $14.3 million or $2.44 per share, an increase of $2.9 million from $11.4 million or $1.95 per share earned during the six months ended June 30, 2022. Earnings per diluted share increased to $2.41 during the six months ended June 30, 2023 up $0.48 from $1.93 during the first six months of 2022....

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HeartSciences Provides Business Update and Reports Fiscal 2023 Financial Results

Southlake, Texas, July 19, 2023 (GLOBE NEWSWIRE) — Heart Test Laboratories, Inc. d/b/a HeartSciences (Nasdaq: HSCS; HSCSW) (“HeartSciences” or the “Company”), an artificial intelligence (AI)-based medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease, today provided a business update and reported financial results for the fiscal year ended April 30, 2023. Key milestones during Fiscal 2023 and to date:Completed patient enrollment for the MyoVista® wavECGTM multi-center pivotal study; on track for FDA submission later in the year; Further expansion of the IP portfolio in the US and internationally, bringing the total number of granted patents to 40;US patent granted for the use of AI to create key echocardiographic heart measures; Korean and Israeli patents granted...

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