Day: December 14, 2023

– Sales Grew 58% YOY; Backlog Grew 68% YOY and Remains Strong at $10.4 Million; Company Projects 30% Revenue Growth for Fiscal Year ending February 29, 2024-  MILTON, N.Y., Dec. 14, 2023 (GLOBE NEWSWIRE) — Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced preliminary sales and backlog for the third quarter of fiscal year 2024, ended November 30, 2023.  Preliminary sales for the third quarter of FY2024 were approximately $5.7 million, compared to sales of $3.6 million for the third quarter a year ago, an increase of approximately 58%. The Company’s preliminary estimate of backlog at November 30, 2023, is approximately $10.4 million, a year-over-year increase of 68% compared to backlog of $6.2 million at November 30, 2022. Backlog is also just slightly...

Clean energy company is leading the way in tax credit financing. DANBURY, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) has again demonstrated that it is leading the way in tax credit financing through its announcement today that it closed on transactions with Franklin Park and Group 1001 Insurance Holdings, LLC (“Group 1001”) for two of its clean energy projects—the Tri-gen platform in Long Beach, California, and the new fuel cell park in Derby, Connecticut. These two transactions include one of the first direct transfer agreements that monetizes both the Investment Tax Credits (“ITCs”) and Hydrogen Production Tax Credits (“H2 PTCs”) enabled by the Inflation Reduction Act of 2022 and include a tax credit direct transfer agreement and a tax equity partnership totaling net proceeds of $34.2 million....

Kx Family Care and $OWPC Forge Strategic Alliance, Amplifying Global Reach in Wellness Sector MIAMI, FL, Dec. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – One World Products, Inc., a fully-licensed hemp and cannabis producer in Colombia and ascendant international hemp and cannabis company and  Kx Family Care, a CBD-enriched, family-focused personal care product line created by Stephen Marley and Shelly O’Neill, today announced their strategic partnership in which One World Products is expected to become the singular producer and distributor of Kx Family Care in Columbia and Latin America. Building on this exclusive partnership, One World Products will be leveraging its state-of-the-art facilities within the Colombian Free Trade Zone to produce Kx Family Care products.  The two entities will engage in collaborative efforts...

HOLLYWOOD, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) — NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded contracts totaling $7 million to support two California counties through engineering plan review services. NV5 was awarded a $5 million contract by the County of San Diego to support the Building Services Division through plan check services for residential, commercial, and utilities projects. During the one-year contract term, NV5 will evaluate evolving regulatory requirements for permit and development processing and facilitate building permit services for facility renovations and new construction projects. NV5 was also selected for a three-year, $2 million engineering plan review contract by the Mountain...

The first occurrence of salt rock occurred at a depth of 581.5 meters at the Western Salt Structure which can potentially hold an estimated amount of 250,000 tonnes of hydrogen in more than 25 caverns. VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce the Company has intersected salt rock at a depth of 581.5 meters at the Western Salt Structure located within the Robinsons River Salt Project (the “Project”). Prior work conducted by the Company concluded that the Western Salt Structure can potentially hold an estimated amount of 250,000 tonnes of hydrogen in more than 25 caverns, based on conservative estimates. Using conservative estimates, the hydrogen storage capacity volume for the Western...

SAN DIEGO, Dec. 14, 2023 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO), today announced the publication of a special issue of Cancers journal entirely dedicated to the Company’s optical genome mapping (OGM) workflow. The issue, which features guest editors Dr. Adam Smith from University of Toronto, Dr. Gordana Raca from Children’s Hospital Los Angeles, and Dr. Alexander Hoischen from Radboud University Medical Center, includes eight peer-reviewed publications, with three additional publications expected to come, covering the use of OGM in hematological malignancy research and demonstrating its potential to offer significant research insights in a simple and effective workflow. In an editorial, Drs. Smith, Raca and Hoischen describe the advantages OGM has over traditional cytogenetic methods of analysis, including karyotyping...

RANCHO CORDOVA, CA, Dec. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — KYN Capital Group (OTC:KYNC) is pleased to announce the new release of the KYN Capital Group upgraded website and Koinfold 2.0. KYN Capital Group’s new website explains the value, benefits, and advantages of the new Koinfold 2.0 crypto wallet features in detail to be launched. The updated app is currently in internal beta testing. The new website explains many of the new features of Koinfold 2.0. The following are a few of the upgraded features: Koinfold 2.0 new release will feature crypto mining through Cudo Miner which is expected to generate revenue for KYNC. Koinfold 2.0 new feature “Learn to Earn” Crypto Simulator. Great for learning the ins and outs of the crypto market. Daily Crypto news from over 40 sources within the app. Crypto Currency...

Peak Decreases in Body WeightsAll data are means ± SE– Transenteric delivery of incretin triagonist of GLP-1, GIP, glucagon receptors elicits rapid weight loss in animal study – – Preclinical data support the potential for the RaniPill platform to enable oral delivery of multiple obesity treatments – SAN JOSE, Calif., Dec. 14, 2023 (GLOBE NEWSWIRE) — Rani Therapeutics Holdings, Inc. (“Rani Therapeutics” or “Rani”) (Nasdaq: RANI), a clinical-stage biotherapeutics company focused on the oral delivery of biologics and drugs, today announced pharmacodynamic data of an incretin triagonist of the GLP-1, GIP, and glucagon receptors delivered transenterically, which mimics the RaniPill route of administration. This follows Rani’s prior study demonstrating oral delivery of a GLP-1 receptor agonist with high bioavailability...

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) — MedBright AI Investments Inc. (the “Company” or “MedBright”) (CSE:MBAI, OTCQB:MBAIF, FSE:1V7) today announced that CareMEDICA, a leading clinic group and provider of primary care services in Connecticut and South Florida has chosen to implement the beta version of MedMatrix into its practice. CareMEDICA has long-standing affiliations with Yale University School of Medicine and Quinnipiac University Medical Program. MedMatrix, an AI-powered data analytics platform, harnesses the power of artificial intelligence to evaluate and analyze key aspects of healthcare facilities, including patient needs and resource matching, revenue cycle management, patient demographics, facility geography, and competition. Through its advanced AI and data analytics capabilities, MedMatrix...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB:STTDF) (Frankfurt: FWB:9SU) is pleased to announce that it has closed the first tranche of its private placement (the “Offering”) which was previously announced on November 15, 2023. The Company issued an aggregate of 10,185,280 units of the Company (each, a “Unit”) at a price of C$0.05 per Unit and 29,825,687 flow-through units of the Company (each, a “FT Unit”) at a price of C$0.06 per FT Unit for aggregate proceeds of $2,298,805. In connection with closing of the first tranche, the Company paid $124,988 in cash and issued 2,084,297 finder’s warrants (each, a “Finders’ Warrant”) to certain...