Day: November 22, 2023

NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) — Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem announces that Maxim Group LLC (“Maxim”) has issued equity research update. Click Here (on Society Pass website) or Here (on Maxim website) to view the full Maxim Equity Research Report. Summary Points:• Valuation: SOPA trades at an EV/revenue multiple of 0.1x Maxim’s 2024 revenue estimate vs. the peer average of 2.4x. Maxim’s target valuation equates to 1.3x 2024 revenue estimate. Maxim’s positive outlook is supported by the attractive SE Asian markets and opportunities to consolidate smaller companies. • 3rd Quarter 2023 Results Beat Estimates:  3Q 2023 results showed revenues of $2.3M, up from $2.1M in the prior year quarter and $2.2M...

The pilot project in cooperation with Parkomot Ltd, an Israeli APS market leader, is another step towards our vision of wireless charging Tel Aviv, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) — Fuel Doctor Inc. (OTC: FDOC), a Delaware corporation, announced today that its wholly owned subsidiary, Charging Robotics Ltd., an innovator in wireless charging solutions, received approval for funding from the Israel Innovation Authority for a pilot project that includes installing and demonstrating its solution for wireless charging of electric vehicles (EVs) in automated parking systems. The system will be installed and tested in an automated parking system that was installed by Parkomot and comes to answer a growing need for charging EVs in automated parking systems, where drivers aren’t able to connect a charging plug to the EV socket. The...

The solution is based on Maris-Tech’s powerful Jupiter AI platform and features advanced capabilities Rehovot, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) — Maris-Tech Ltd. (Nasdaq: MTEK, MTEKW) (“Maris-Tech” or the “Company”), a B2B provider of artificial intelligence (“AI”)-accelerated video solutions for edge platforms, today announced that it has received a new order for approximately $550,000 (the customer also has an option to increase the amount of the order to approximately $687,500) from a leading company in the defense industry for a customized solution that will provide armored and autonomous vehicles with enhanced situational awareness. The innovative situational awareness system will be based on the Company’s Jupiter AI platform. The sophisticated system will incorporate advanced video streaming and recording as well...

MINNEAPOLIS, Nov. 22, 2023 (GLOBE NEWSWIRE) — Celcuity Inc. (Nasdaq: CELC), a clinical-stage biotechnology company pursuing development of targeted therapies for oncology, today announced its participation in the 6th Annual Evercore ISI HealthCONx Conference held in Miami. Brian Sullivan, Chairman, Chief Executive Officer, and Co-founder of Celcuity, is scheduled for a fireside chat at 12:30 p.m. ET on Wednesday, November 29, 2023. A live webcast of the event will be available using this weblink: https://wsw.com/webcast/evercore39/celc/2327201. Alternatively, the live webcast will be accessible from the Investors section of the company’s website at https://ir.celcuity.com/events-presentations/ with a replay available shortly after. About Celcuity  Celcuity is a clinical-stage biotechnology company focused on development of...