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Month: January 2024

Coherent Introduces Dot Projector Modules for Depth Sensing in Consumer Electronics, Robotics, and Autonomous Vehicles

Coherent dot projector assemblyDot projector modules from Coherent enable customers to design cameras that capture an entire scene at a broad angle and extended depth range even in bright outdoor lighting conditions, all while maintaining low power consumption.PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in optical sensing for consumer electronics, today announced the introduction of dot projector modules for depth sensing in consumer electronics, robotics, and autonomous vehicles.As the number of use cases for 3D cameras continues to increase, the demand is growing rapidly for sensor technology that can be configured for a wide range of applications and optimized for performance and cost. To meet the growing demand, Coherent is introducing dot projector modules based on 940 nm...

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Clēnera Announces a Planned CEO Transition

BOISE, Idaho, Jan. 16, 2024 (GLOBE NEWSWIRE) — Clēnera, the U.S. subsidiary of Enlight Renewable Energy (TASE: ENLT.TA; NASDAQ: ENLT), today announced a leadership transition as Jason Ellsworth, CEO and Co-Founder, will be stepping down at the end of June 2024. Adam Pishl, Co-Founder of Clēnera and currently its COO, will assume the role of CEO. The six-month transition period allows for a smooth handover of responsibilities, ensuring continued growth for Clēnera and its partners. Adam has acted as COO since the company’s inception in 2013. He brings a wealth of experience and a deep understanding of Clēnera’s values, vision, and strategic direction. Clēnera’s other senior leaders will remain and provide strong support for the company’s continued success. The move comes as Jason was called to a voluntary capacity as...

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Immuron achieves record half yearly Travelan® sales

Highlights:Record half yearly Travelan® sales of $2,334,969 Total sales of A$2,355,580 in H1, FY24$1,771,932 increase on H1, FY23 sales 51% higher than pre-pandemic period H1, FY20 salesMELBOURNE, Australia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company is pleased to announce record half yearly sales (unaudited net sales) of its over-the-counter gastrointestinal and digestive health immune supplement Travelan®. Australia Sales of Travelan® increased to AUD $1,853,048 in H1, FY24, compared to AUD $260,205 in H1, FY23. Sales increased by $1,054,164 (132%) on the pre-pandemic peak period (H1, FY20). This increase partially reflects 3 months (May, June, July) of backorders accrued while awaiting GMP Clearance from the TGA. Australian...

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Beam Global Receives $7.4M Order from the U.S. Army for 88 Off-Grid EV ARC™ Electric Vehicle Charging Systems

Each EV ARC makes and stores all its own electricity to deliver clean, renewable energy so EV drivers can Drive on Sunshine.SAN DIEGO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced the U.S. Army Corps of Engineers, Army Material Command (AMC) placed an order for 88 EV ARC™ sustainable off-grid charging systems. The systems will be deployed across 21 locations in 16 states. The purchase was made through GSA Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing. The U.S. Army is building a more sustainable and energy-resilient future for its fleet and its facilities...

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Prime Mining Announces CEO Succession

Scott Hicks Appointed CEO and Director, Daniel Kunz to RetireMay 2 2023 ResourceMay 2 2023 ResourceVANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: 04V3) announces that CEO Daniel Kunz is retiring effective February 1, 2024, and Mr. Scott Hicks, EVP, will succeed him as Chief Executive Officer at that time and has been appointed to the Board of Directors effective today. The seamless leadership transition completes a succession plan developed by the Board of Directors following Mr. Hicks’ appointment as Executive Vice President of Prime on August 17, 2022. Mr. Kunz will remain a Strategic Advisor and member of the Board. Mr. Kunz and Mr. Hicks will continue to work closely together. Daniel Kunz was appointed Chief Executive...

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Tower Semiconductor Collaborates with Renesas to Manufacture SiGe-based Beamforming ICs for Tier-1 Customers in Satcom, 5G, and Aerospace & Defense Applications

                 The Satcom terrestrial market is expected to grow to 150M users by 2031 according to Euroconsult with the expansion of global satellite-based internet services MIGDAL HAEMEK, Israel, January 16, 2024 – Tower Semiconductor (NASDAQ/TASE: TSEM), the leader in high-value analog semiconductor foundry solutions, today announced a collaboration with Renesas, leveraging Tower’s high-volume and high-performance SiGe BiCMOS technology to manufacture SiGe-based beamforming ICs. This strategic collaboration underscores Renesas’ commitment to innovation as its broad portfolio of beamforming products has already achieved design wins by key worldwide players across 5G, satcom, and Aerospace & Defense markets, positioning the company at the forefront of the industry. The Satcom terrestrial terminal market is growing rapidly...

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Scorpio Tankers Inc. Announces an Agreement to Sell an MR Product Tanker and the Exercise of Purchase Options on Five Ships

MONACO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships. Sale of an MR Product Tanker The Company has entered into an agreement to sell the 2015 built MR product tanker, STI Tribeca, for $39.1 million. The sale of this vessel is expected to close within the first quarter of 2024. The Exercise of Purchase Options on Five Ships The Company has given notice to exercise its purchase options on one 2015 built MR product tanker (STI Westminster) and four 2014 built Handymax product tankers (STI Brixton, STI Comandante, STI Pimlico and STI Finchley). The purchases, which are expected to occur in the first half of 2024, will result in a debt reduction...

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Sisecam Finalizes Its Partnership Agreement With ICRON

Sisecam has finalized its partnership agreement with ICRON, a Turkish technology company that provides decision optimization services at operational and strategic levelsSISECAM FINALIZES ITS PARTNERSHIP AGREEMENT WITH ICRONSISECAM FINALIZES ITS PARTNERSHIP AGREEMENT WITH ICRONISTANBUL, Turkey, Jan. 16, 2024 (GLOBE NEWSWIRE) — Sisecam Investment B.V., a wholly-owned subsidiary of Sisecam, purchased shares in the Turkish technology company ICRON at the closing general meeting held on January 15, 2024. Sisecam Investment B.V. General Meeting was attended by Sisecam Chairman and Executive Member of the Board Prof. Dr. Ahmet Kırman, Sisecam CEO Görkem Elverici, ICRON Founding Partner A. Tamer Ünal, ICRON Chairman and CEO Gürer Ünal and ICRON Board Member Ahmet Ertuğrul. Some 3% of ICRON’s total shares were purchased...

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Iris Energy Secures Pathway to 20 EH/s in 2024 Via Miner Purchase Option

SYDNEY, Australia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it is has entered into an agreement with Bitmain Technologies Delaware Limited (“Bitmain”) which provides a pathway to increase its self-mining capacity up to 20 EH/s in 2024. Key HighlightsImmediate focus on completing current expansion to 10 EH/s 10 EH/s of new Bitmain T21 miners secured for 2024 at a fixed price of $14/TH1:1 EH/s additional purchase to initiate growth beyond 10 EH/s 9 EH/s of miner purchase options exercisable in H2 2024Childress project can support expansion to 20 EH/s by end of the yearWith current operating...

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