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Month: July 2023

Schneider Electric to modernize and automate Serbia’s entire MV electrical distribution network

Schneider Electric solutions help upgrade Serbia’s medium-voltage electrical distribution network €140 million project to improve grid reliability, reduce failures and shorten outage duration. It will also reduce network losses, which will allow huge CO2 emissions reduction and savings. Schneider Electric, the leader in the digital transformation of energy management and automation, has signed a contract to supply medium voltage (MV) equipment and grid management software to upgrade Serbia’s electrical distribution network. This country-wide, grid modernization project aims to improve network reliability, reducing power outages and their duration.  Serbia seeks to improve electricity reliability and reduce losses   This upgrade will improve the quality of electricity supply and thus strengthen the service provided by Serbia’s distribution...

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VINCI wins the first design-build contract for the Grand Paris Express (section of Line 15 West)

Nanterre, 13 July 2023 VINCI wins the first design-build contract for the Grand Paris Express(section of Line 15 West)Design and construction of 14 km of tunnels, 5 underground stations and 16 service buildings Contract worth €2.71 billion euros Over 2,000 direct jobs at peak of construction Expected to start operating at end-2031Société du Grand Paris has awarded the first design-build contract for the Grand Paris Express to a consortium* encompassing several VINCI Construction and VINCI Energies companies. It covers the first section of Line 15 West. This section, built in a high-density urban area, will link Pont de Sèvres station to La Défense (Hauts-de-Seine – west of Paris). The contract is worth €2.71 billion and 20% of the works will be entrusted to local SMEs. It covers turnkey engineering and construction of 14 km of tunnels,...

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Archer transfers biochip graphene sensor technology design to a commercial fab to verify scalability

HighlightsArcher Materials has successfully completed a proof of concept biosensing graphene transistor for use in its biochip. The design has been submitted to a commercial foundry for a Multi-Project Wafer run. Fabrication at commercial foundries to verify the scalability of Archer’s design will occur in coming months with delivery of chips expected by the end of 2023. Archer has started discussions with potential global foundry partners for initial small production runs of its graphene chip designs to evaluate the reliability of the product. This is a major step towards the potential commercialisation of Archer’s biochip technology.SYDNEY, Australia, July 13, 2023 (GLOBE NEWSWIRE) — Archer Materials Limited (“Archer”, the “Company”, “ASX: AXE”), a semiconductor company advancing the quantum computing and medical diagnostics...

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Bufab Group: Interim report January – June 2023

Strong operating profit and improved cash flow in the second quarter Second quarter of 2023Net sales increased by 2 percent to SEK 2,280 million (2,241). Organic growth was -5 percent and order intake was in line with net sales Operating profit (EBITA) increased by 37 percent to SEK 319 million (233) and the operating margin was 14.0 percent (10.4). Adjusted for remeasured additional purchase considerations amounting to SEK 12 million (-80), operating profit (EBITA) decreased by -2 percent to SEK 307 million (313), corresponding to an operating margin of 13.5 percent (14.0) Earnings per share increased by 54 percent to SEK 5.41 (3.51) Operating cash flow amounted to SEK 488 million (-23), corresponding to a cash conversion ratio of 147 percent (-1).January – June 2023Net sales increased by 10 percent to SEK 4,666 million (4,235)....

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Pluri Announces Appointment of Entrepreneur Lorne Abony to Board of Directors

Abony: “Pluri’s cell expansion technology has extraordinary potential across a range of industries.”Mr. Lorne Abony Mr. Lorne AbonyHAIFA, Israel, July 13, 2023 (GLOBE NEWSWIRE) — Pluri Inc. (Nasdaq: PLUR) (TASE: PLUR) (“Pluri” or the “Company”), a leading biotech company that transforms cells into solutions that promote wellbeing and sustainability, today announced the appointment of Lorne Abony to the Company’s Board of Directors, effective as of July 11, 2023.  Abony is a successful entrepreneur who has decades of experience building and scaling multi-billion-dollar global businesses – both public and private companies – across multiple industries. He is a globally recognized leader who has invested, directly or indirectly, in more than 20 cellular agriculture and cultivated food companies. Bringing his expertise to Pluri’s...

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RCI BANQUE : MOBILIZE LEASE&CO, SUBSIDIARY OF MOBILIZE FINANCIAL SERVICES, ANNOUNCES THE ACQUISITION OF GERMAN COMPANY MOBILITY CONCEPT AND MEINAUTO

 PRESS RELEASE13th of July 2023MOBILIZE LEASE&CO, SUBSIDIARY OF MOBILIZE FINANCIAL SERVICES, ANNOUNCES THE ACQUISITION OF GERMAN COMPANY MOBILITY CONCEPT AND MEINAUTOMobilize Lease&Co, subsidiary of Mobilize Financial Services, announces the acquisition1of Mobility Concept and MeinAuto, a leading player in the German car leasing market, both currently divisions of MeinAuto Group. This transaction will accelerate the growth and development of long-term leasing offers in Germany. This acquisition is the first for Mobilize Lease&Co since the creation of this subsidiary in November 2022, which aims at accelerating the deployment of long-term leasing offers to meet the new mobility needs of its customers. Mobilize Lease&Co’s new offers are gradually being extended across Europe to retail customers,...

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WISeKey Demonstrated WISe.ART’s Commitment to Sustainability at the Phygital Sustainability Expo® in Rome, Italy

   WISeKey Demonstrated WISe.ART’s Commitment to Sustainability at the Phygital Sustainability Expo® in Rome, Italy Rome, Italy, July 12, 2023 – WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions, announced today that during its participation at the Phygital Sustainability Expo in Rome, it demonstrated WISe.ART’s unwavering commitment to sustainability. The event, organized in cooperation with the largest European community of sustainable brands, was attended by over 2,000 registered firms. Sixtine Crutchfield, WISe.ART’s renowned Art Director, took the stage at the event to showcase the WISe.ART marketplace platform, and emphasized the company’s dedication to sustainability as a member of the Crypto Climate Accord (CCA)...

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The Trade Desk, Inc. to Join the Nasdaq-100 Index Beginning July 17th, 2023

NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that The Trade Desk, Inc. (Nasdaq: TTD), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX), the Nasdaq-100 Equal Weighted Index (Nasdaq: NDXE), and the Nasdaq-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Monday, July 17, 2023. The Trade Desk, Inc. will replace Activision Blizzard, Inc. (Nasdaq: ATVI) in the Nasdaq-100 Index®, the Nasdaq-100 Equal Weighted Index, and the Nasdaq-100 Ex-Tech Sector Index. Activision Blizzard, Inc. will also be removed from the Nasdaq-100 ESG Index (Nasdaq: NDXESG) prior to market open on Monday, July 17, 2023. The replacement of Activision Blizzard with The Trade Desk is independent of the Nasdaq-100 Index® Special Rebalance which will continue as planned, effective Monday, July 24, 2023. For...

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Greenlite Ventures, dba Game Time Productions, Reports Financial Results for Year End March 31, 2023

BOCA RATON, Fla., July 12, 2023 (GLOBE NEWSWIRE) — via IBN — Greenlite Ventures, Inc (OTC: “GRNL”) reported results for the year ended March 31, 2023. The Company reported an operating loss of $8,294,982 ($0.38 per share) for the year ended March 31, 2023, compared to a net loss of $10,058 ($0.00 per share) for the year ended March 31, 2022. The year ended March 31, 2023 contains one-time, non-recurring expenses primarily dealing with non-cash stock-based related charges as well as extinguishment of debt. For this reason, the Company believes that a non-GAAP presentation of its operating loss for 2022 will be beneficial to investors for them to be able to obtain a better understanding of the Company’s operating results and progress for the current year.  The following is a brief description of these non-recurring...

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Cradlepoint Announces 5G SASE Strategy for Cellular and Hybrid WAN Security

Enterprises extending beyond conventional fixed site connectivity will benefit from SASE MELBOURNE, Australia, July 12, 2023 (GLOBE NEWSWIRE) — Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced its phased rollout strategy for the industry’s first 5G-optimised Secure Access Service Edge (SASE) solution designed for the enterprise and purpose-built for Wireless Wide Area Network (WAN) deployments. With unique cellular capabilities and the simplicity of Cradlepoint’s cloud-based management platform, NetCloud Manager, Cradlepoint 5G SASE features zero trust, cellular intelligence along with cloud and SIM-based security to address the challenges and threats faced by today’s extended enterprise. As enterprises evolve beyond fixed sites to include mobile and IoT, they are looking...

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