Year: 2023

Mining Lubricants Market Set to Soar Past USD 8.95 Billion by 2030 | Skyquest Technology

Written by Customer Service on October 25, 2023. Posted in Mergers And Acquisitions.

Explore the thriving mining lubricants market, where mineral oil, synthetic, and bio-based lubricants play pivotal roles. These lubricants find application in diverse sectors, from coal and iron ore to bauxite and precious metal mining. Industry forecasts predict growth and expansion from 2023 to 2030. Westford, USA, Oct. 25, 2023 (GLOBE NEWSWIRE) — The global Mining Lubricants market size is expected to reach USD 8.95 billion by 2030 and exhibit a CAGR of 3.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for minerals and metals, rising mining activities globally, growing emphasis on equipment maintenance and longevity, stringent environmental regulations requiring eco-friendly lubricants, technological advancements in lubricant formulations, cost-effective lubrication...

Digital Authentication and Identity Provider BIO-key Sees Q3 Revenues Rising over 30% to $1.8M on Strength in Software License Fees, Services and Hardware Sales

Written by Customer Service on October 25, 2023. Posted in Earnings Releases And Operating Results.

HOLMDEL, N.J., Oct. 25, 2023 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) featuring passwordless, phoneless and token-less Identity-Bound Biometric (IBB) authentication solutions, announced results for its third quarter ended September 30, 2023 (Q3’23). Highlights:Revenue rose over 30% to $1.8M vs. $1.4M in Q3’22 Gross profit improved more than 40% to $1.4M vs. $1.0M in Q3’22 Q3’23 operating loss improved to approximately ($750,000) vs. an operating loss of ($2.4M) in Q3’22. Q3’23 net loss per share reduced approximately 72% to ($0.08) vs. ($0.29) in Q3’22.CEO CommentaryBIO-key CEO, Mike DePasquale commented, “Our Q3 performance reflects continued progress driving revenue growth and reducing expenses to move our business...

Changes in the Supervisory Board of Bigbank AS

Written by Customer Service on October 25, 2023. Posted in Public Companies.

The shareholders of Bigbank AS adopted a resolution on 24 October 2023 to satisfy the request of Raul Eamets to resign from his position as Member of Supervisory Board and to recall Raul Eamets from Supervisory Board of Bigbank AS as of 03 November 2023. As of 04 November 2023, the Supervisory Board of Bigbank AS consists of Sven Raba, Vahur Voll, Juhani Jaeger, Andres Koern, Jaan Liitmäe. Bigbank AS (www.bigbank.eu) is based on Estonian capital and focuses on loans and deposits for private and corporate customers. In addition to its activities in Estonia, Bigbank has branches in Finland, Sweden, Latvia, Lithuania and Bulgaria and also offers its products as a cross-border service in Austria, Germany and the Netherlands. Bigbank’s total balance sheet exceeds 1.9 billion euros. Additional information: Martin Länts Chairman of the Management...

Global Ceiling Tiles Market Size to Reach USD 15.48 Billion in 2032 | Emergen Research

Written by Customer Service on October 25, 2023. Posted in Mergers And Acquisitions.

Rising adoption of thermal and acoustic insulation is a key factor driving market revenue growth Vancouver, Oct. 25, 2023 (GLOBE NEWSWIRE) — The global ceiling tiles market size was USD 8.32 Billion in 2022 and is expected to register a steady revenue CAGR of 18.6% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of thermal and acoustic insulation is the key factor driving market revenue growth. Ceiling tiles equipped with advanced insulation properties have emerged as a crucial solution in recent years as energy efficiency and noise reduction have become the main concerns in building design. These tiles help to regulate indoor temperatures by providing effective thermal insulation, thereby reducing the need for excessive heating or cooling systems. In addition, ceiling tiles play a...

Food Grade Alcohol Market Set to Soar Past USD 3.35 Billion by 2030 | Skyquest Technology

Written by Customer Service on October 25, 2023. Posted in Mergers And Acquisitions.

In the dynamic food-grade alcohol market, ethanol and polyols, sourced from grains, fruits, sugarcane, and more, find applications in beverages, health and pharmaceutical, and foods. Industry forecasts from 2023 to 2030 project growth and share expansion in this versatile sector. Westford USA, Oct. 25, 2023 (GLOBE NEWSWIRE) — The global Food Grade Alcohol market size is expected to reach USD 3.21 billion by 2030 and exhibit a CAGR of 4.3% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing demand for alcoholic beverages, increasing use of food-grade alcohol in the pharmaceutical and cosmetic industries, rising awareness of food safety and quality, expanding food and beverage industry, stringent regulations promoting the use of food-grade alcohol as a safe additive, and the trend...

Insiders Join CEO in Providing an Additional $2 Million Funding to Genius Group

Written by Customer Service on October 25, 2023. Posted in Public Companies.

SINGAPORE, Oct. 25, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today that following the recent announcement that Genius Group’s CEO, Roger James Hamilton, is providing the company with up to $4 million in funding, the Company has received notice of additional funding from executives within Genius Group. Senior executives and shareholders in Genius Group, which include founders of a number of the companies acquired by Genius Group in 2022 and 2023, together with other senior executives of the Company, are providing additional funding amounting to approximately $2 million in the form of both interest free loans and earnings converted to equity. CEO of Genius Group, Roger Hamilton, said “I am pleased and grateful...

Volcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New Zealand

Written by Customer Service on October 25, 2023. Posted in Public Companies.

Volcon ePowersports Strikes Exclusive Distribution Deal with Indi Imports in New ZealandRider driving the Stag Limited Edition trim levelAUSTIN, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) — Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has expanded its global distribution network into New Zealand. The Company penned an exclusive distribution agreement with Powersports Import and Distribution Limited, trading as Indi Imports. Indi Imports joins a family of established specialist powersports and automotive businesses in Queenstown Lakes District, Wānaka, New Zealand. Tom Wood Group, a notable entity with a history of successful expansion in the US automobile and powersports landscape, has nine powersports locations with seven in the United States...

Plus Therapeutics to Present at the Society for NeuroOncology Annual Meeting and will Host Key Opinion Leader Webinar

Written by Customer Service on October 25, 2023. Posted in Public Companies.

Update on the ReSPECT-GBM Trial, including Phase 2, with Rhenium-186 Obisbemeda in Recurrent Glioblastoma will be Presented at SNO Annual Meeting AUSTIN, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) — Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system cancers, today announced that it will present four posters and one oral presentation at the Society for NeuroOncology (SNO) 28th Annual Meeting being held November 15-19, 2023 in Vancouver, Canada. In addition, the Company plans to host a virtual key opinion leader (KOL) webinar after the conference, featuring Andrew Brenner, MD, PhD (Professor of Medicine, Neurology, and Neurosurgery at The University of Texas Health Science Center at San Antonio),...

Parker Announces Retirement of Vice Chairman and President Lee C. Banks and Election of Chief Operating Officer Andrew D. Ross as President

Written by Customer Service on October 25, 2023. Posted in Public Companies.

Lee C. BanksParker Hannifin CorporationAndrew D. RossParker Hannifin CorporationCLEVELAND, Oct. 25, 2023 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that Lee C. Banks, Vice Chairman and President and a Director, will retire on December 31, 2023, after 32 years of dedicated service to the company. Andrew D. Ross, currently Chief Operating Officer, has been elected by the Board of Directors as President and Chief Operating Officer, effective January 1, 2024. “During his career, Lee successfully led several of our largest businesses, globally expanded our distribution network that now stands among our greatest competitive strengths, and significantly raised the bar for operational excellence at Parker,” said Jenny Parmentier, Chief...

Imperial Petroleum Inc. Reports Third Quarter and Nine Months 2023 Financial and Operating Results

Written by Customer Service on October 25, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Oct. 25, 2023 (GLOBE NEWSWIRE) — IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTSFleet operational utilization of 70.5% in Q3 23’ as the Company faced commercial idle days due to seasonal factors and technical off hire due to the scheduled drydocking of three product tankers. 67.2% of fleet calendar days equivalent to 565 days in Q3 23’ were dedicated to spot activity. Net income of $12.1 million in Q3 23’ corresponding to a basic EPS of $0.56. Revenues of $29.4 million in Q3 23’ generating an EBITDA of $13.9 million. Cash and cash equivalents...

Year: 2023

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