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Day: August 31, 2023

Global Railway Antifriction Bearing Market Size to Reach USD 2.96 Billion in 2032 | Emergen Research

Rising demand for high-speed trains is a key factor driving Railway Antifriction Bearing market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The global railway antifriction bearing market achieved a size of approximately USD 1.29 billion in 2022, and it is anticipated to maintain a consistent revenue growth rate of 8.7% throughout the forecast period, as per the most recent analysis by Emergen Research. This growth is primarily attributed to increased investments in enhancing railway infrastructure on a global scale. Antifriction bearings, which are a sophisticated vibration management system, amalgamate their components to create intricate vibration patterns. These bearings are produced with the aid of high-precision machine tools and adhere to stringent quality standards to ensure frictionless operation. It’s...

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urban-gro, Inc. Announces Sale of Investment for Proceeds of $2.3 Million

LAFAYETTE, Colo., Aug. 31, 2023 (GLOBE NEWSWIRE) — urban-gro, Inc. (Nasdaq: UGRO) (“urban-gro” or the “Company”), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture (“CEA”) and commercial sectors, today announced that the Company has entered into an agreement related to its investment in a private placement convertible note with XS Financial Inc (“XSF”) (CSE: XSF) (OTCQB: XSHLF), a leading equipment finance company to the US cannabis industry. Both companies mutually agreed that XSF would retire the Company’s convertible note for $2.3 million, a 10% discount to the Company’s current book value of the investment. The $2.3 million cash payment received is in addition to the $0.3 million of interest earned and received since making the original $2.5 million investment...

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Global Landfill Gas (LFG) Market Size to Reach USD 3.37 Billion in 2032 | Emergen Research

Increasing need of landfill gas in commercial and industrial sectors is a major factor driving Landfill Gas (LFG) market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The Landfill Gas (LFG) market had a total worth of USD 1.62 Billion in 2022 and is anticipated to exhibit a consistent annual revenue growth rate of 7.6% throughout the projected period, as per the latest analysis conducted by Emergen Research. A primary driver of this expansion in market revenue is the increasing adoption of gas-to-energy technologies. Landfill Gas (LFG) emerges as a viable renewable energy source when harnessed effectively. The process involves capturing and combusting the gas, resulting in the production of both electricity and heat. Gas-to-energy initiatives tap into the potential of LFG, which primarily consists of methane, a potent...

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Global Aircraft Auxiliary Power Unit (APU) Market Size to Reach USD 4.88 Billion in 2032 | Emergen Research

Increasing need of APUs in military sectors is a major factor driving Aircraft Auxiliary Power Unit (APU) market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The global market for Aircraft Auxiliary Power Units (APUs) is projected to achieve a value of USD 4.88 Billion by the year 2032. This growth is anticipated to follow a consistent upward trajectory, with a Compound Annual Growth Rate (CAGR) of 4.2% throughout the forecast period. The analysis, conducted by Emergen Research, reveals that the continuous advancement of APUs, marked by the development of more compact, lighter units with improved performance metrics like power-to-weight ratios, stands as a primary driver behind the expanding revenue within this market. Prominent industry players are actively engaged in the innovation of technical solutions to enhance...

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Global Blue Ammonia Market Size to Reach USD 22.3 Million in 2032 | Emergen Research

Rising demand for ammonia in the fertilizer industry is a major factor driving blue ammonia market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The latest analysis conducted by Emergen Research predicts that the global market size for blue ammonia is anticipated to reach USD 22.3 Million in 2032. Over the projected period, the market is expected to experience a consistent Compound Annual Growth Rate (CAGR) of 5.3%. The primary driving force behind this growth is the potential of blue ammonia to serve as a fuel for both transportation and power generation. Blue ammonia has gained attention due to its applicability as a fuel in turbine engines for various purposes. This includes direct combustion and indirect usage as an industrial feedstock through reforming it into nitrogen and hydrogen. One notable advantage of ammonia...

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Form 8.3 – Osirium Technologies plc

FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”)   1.        KEY INFORMATION  (a)        Full name of discloser: OCTOPUS INVESTMENTS LTD(b)        Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree Osirium Technologies plc(d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)        Date position...

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Global Passwordless Authentication Market Size to Reach USD 68.50 Billion in 2032 | Emergen Research

Increasing need for innovative user convenience is a major factor driving for passwordless authentication market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The latest analysis conducted by Emergen Research anticipates that the global market for passwordless authentication will expand significantly, reaching a substantial value of USD 68.50 Billion by 2032. This growth trajectory is underpinned by a consistent revenue Compound Annual Growth Rate (CAGR) of 26.3% throughout the forecast period. The driving force behind this upward trend is the escalating demand for enhanced user convenience through innovative means. Traditional password-centric authentication methods often lead to the utilization of weak passwords or the practice of recycling passwords across multiple accounts. These behaviors stem from the inherent...

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Brera Holdings Announces Exclusive Letter of Intent to Acquire and Re-Brand Mongolian Premier League Team Bayanzurkh Sporting Ilch FC

The acquisition, when finalized, will bring the Brera brand to Asia, adding a third continent to its successful football clubs in Europe and AfricaMr. Alessandro Aleotti, Chairman of Brera FC and Mr. Chinsanaa Jargalsaikhan, Chairman of Bayanzurkh FCMr. Alessandro Aleotti, Chairman of Brera FC and Mr. Chinsanaa Jargalsaikhan, Chairman of Bayanzurkh FCDUBLIN and MILAN, Aug. 31, 2023 (GLOBE NEWSWIRE) — Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) announced that its wholly-owned subsidiary Brera Milano S.r.l. (“Brera Milano”) has signed an exclusive Letter of Intent (the “LOI”) with Mongolia’s Bayanzurkh Sporting Ilch FC (“Bayanzurkh FC”) to acquire the club before the resumption of the football season in March 2024 after the winter break. Bayanzurkh FC, located in Mongolia’s capital Ulaanbaatar,...

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Brandt Successfully Acquires Wairarapa Machinery

New Acquisition Extends Brandt Service and Support to Greater Wellington Region.Brandt New Zealand LocationsNew Acquisition Extends Brandt Service and Support to Greater Wellington Region.PUKEKOHE, New Zealand, Aug. 31, 2023 (GLOBE NEWSWIRE) — The Brandt Group of Companies is pleased to announce that they have successfully acquired the assets of Wairarapa Machinery Services Ltd., effective August 31, 2023. “We are excited to welcome our 18th location in New Zealand, uniting the entire North Island under one dealer brand for Agriculture, Construction and Forestry equipment,” said Shaun Semple, CEO of Brandt. “This will ensure customers have access to the industry’s broadest support infrastructure, delivering the products, parts and service they need, wherever they are operating.” This acquisition marks 139 dealerships,...

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Academy Sports + Outdoors Reports Second Quarter 2023 Results

Second Quarter GAAP Diluted EPS of $2.01, or $2.09 Adjusted Diluted EPS Net Sales Decline (6.2)%; Comparable Sales Decline (7.5)% Gross Margin Rate Improves 30 Basis Points to 35.6% Returned $114 Million to Shareholders Through Repurchases & Dividends KATY, Texas, Aug. 31, 2023 (GLOBE NEWSWIRE) — Academy Sports and Outdoors, Inc. (Nasdaq: ASO) (“Academy” or the “Company”) today announced its financial results for the second quarter ended July 29, 2023. “As we continue to move through a challenging economic environment, our priority remains to deliver great value to our customers with our broad and complete assortment and our engaging shopping experience. While sales in the second quarter were down versus last year, they steadily improved each month during the quarter, while also delivering a solid...

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