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Month: February 2024

Fingerprints and Ansal Component collaborate on biometric access control for Türkiye

Fingerprint Cards AB (Fingerprints™) has announced a distribution agreement with Ansal Component, a global provider of component supply services based in Türkiye. The partnership supports and simplifies the region’s development of secure devices that integrate advanced fingerprint sensor and software technologies. “The Turkish market is significant and strategically important. Ansal Component is a great partner to help us grow the reach of our access control solutions in markets where our biometric solutions are known and extremely successful. We’re excited to explore new sectors and use cases together, including physical and logical access control, the Internet of Things (IoT) and other innovative new applications,” comments Adam Philpott, CEO of Fingerprints. Fingerprints’ biometric access solution is specifically designed...

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Ensurge Micropower ASA – Q4 2023

HighlightsIn February 2024 Ensurge Micropower ASA produced the world ́s first functional commercial-scale solid-state lithium microbattery using a 10-micron stainless steel substrate.The Ensurge solid state microbattery will transform the market for hearables, wearables and IoT-connected sensors and we will now ramp up the manufacturing capacity to meet demand from partners and customers. The manufacturing will take place in our San Jose facility, and we plan to deliver the 10-micron battery to technology partners and customers in Q1 2024.With the technology challenges resolved the company will now turn its focus to revenue growth. Firstly, to deliver microbatteries to its existing customer base and technology partners. Secondly, to finalize contracts with the large pipeline of potential customers having approached the company...

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Avance Gas Holding Ltd: Ex Dividend USD 0.65 today

Hamilton, Bermuda, February 20, 2024 The shares in Avance Gas Holding Ltd (ticker: “AGAS”) will be traded ex-dividend USD 0.65 as of today relating to the dividend for the fourth quarter of 2023. Thedividend will be paid on February 29, 2024. For further information, please contact: Randi Navdal Bekkelund – Chief Financial Officer Tel: +47 23 11 40 00 Email: ir@avancegas.comABOUT AVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world’s leading owners and operators of very large gas carriers (VLGCs) and owns nineteen LPG ships consisting of thirteen VLGCs on water including one vessel held for sale in Q1 2024, four dual fuel MGCs for delivery in 2025 and 2026 as well as two dual fuel newbuilding VLGCs for sale in Q1/Q2 2024. For more...

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Zoomcar and SPARKCARS Forge Transformative Partnership to Raise EV Car Adoption in Self-Drive Space

Zoomcar and SPARKCARS Aim to Electrify India’s Shared Mobility Landscape to Create Robust and Accessible EV Ecosystem BANGALORE, India, Feb. 20, 2024 (GLOBE NEWSWIRE) — Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (Nasdaq: ZCAR), the leading marketplace for car sharing in emerging markets, which recently went public on the NASDAQ, today announced a strategic partnership with SPARKCARS, a pioneering EV self-drive rental company, to further India’s electric vehicle (EV) revolution. As the region’s rental market continues to evolve, this partnership aims to help increase the supply of EV cars available for self-drive to meet the growing needs of convenient and independent travel, and also demonstrates a strategic move to increase awareness of higher economic value to EV hosts in the burgeoning rental economy. With a commitment...

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Goodfellow Reports Its Results for the Fourth Quarter and Fiscal Year Ended November 30, 2023 and Declares a Dividend

DELSON, Quebec, Feb. 19, 2024 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced its financial results today. For the fourth quarter ended November 30, 2023, the Company reported net earnings of $2.1 million or $0.25 per share compared to net earnings of $4.4 million or $0.52 per share a year ago. Consolidated sales for the three months ended November 30, 2023 were $125.4 million compared to $149.3 million last year. For the fiscal year ended November 30, 2023, the Company reported net earnings of $14.7 million or $1.72 per share compared to net earnings of $32.7 million or $3.82 per share a year ago. Consolidated sales for the fiscal year ended November 30, 2023 were $512.8 million compared to $631.2 million last year. Goodfellow concluded its 125th anniversary year on a positive note, demonstrating...

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Opthea Appoints Arshad M. Khanani, MD, MA, FASRS, as Chief Medical Advisor

Global retina expert joins to support sozinibercept development and launch preparation MELBOURNE, Australia, Feb. 19, 2024 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT; NASDAQ:OPT, “Opthea”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, today announced the appointment of Arshad M. Khanani, MD, MA, FASRS, as Chief Medical Advisor. An internationally recognized retina specialist and clinical scientist, Dr. Khanani is a Managing Partner, Director of Clinical Research, and Director of Fellowship at Sierra Eye Associates, and Clinical Associate Professor at the University of Nevada, Reno School of Medicine. “We are delighted to have Dr. Khanani join Opthea as Chief Medical Advisor,” said Frederic Guerard, PharmD, Chief Executive Officer for Opthea. “Dr....

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Lilium partners with PhilJets to bring eVTOLs to Asia, starting with the Philippines

MoU for strategic collaboration to establish high-speed regional air mobility in Southeast Asia PhilJets intends to operate 10 Lilium Jets Lilium Jet expected to meet regional transportation challenges of the PhilippinesCHANGI, Singapore, Feb. 20, 2024 (GLOBE NEWSWIRE) — Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and PhilJets, a leading aviation provider of global services in the ASEAN region, today announced the signing of a Memorandum of Understanding at the Singapore Airshow. The agreement includes the intent to purchase 10 Lilium Jets, as well as a future strategic collaboration on the establishment of an eVTOL operation network across the Philippines and other Southeast Asia countries, such as Cambodia. As part of the agreement, Lilium and PhilJets will partner...

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Snakes & Lattes Inc. Reports Positive Q2 Results

Snakes & Lattes Inc.Snakes & Lattes Inc.NEW YORK, NY, Feb. 19, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – SNAKES & LATTES INC. (OTC: FUNN) published financials results for the quarter ending December 31, 2023. The following update provides a brief summary to shareholders and the investment community. FUNN Q2 FY 2024 Report Business Highlights (All numbers in USD):Gross Revenue of $2,293,505 USD (Slight increase YoY Quarterly) Gross Profit of $1,740,957 USD (Slight increase YoY Quarterly) FY2024 cumulative revenue $4,309,325 (Slight increase YoY cumulative) Common Stock Outstanding of 795,493,000 (unchanged) COGS are on target hitting just below 25%. The Company wants to maintain this as this is appreciable given COGS are decreasing while revenues are increasing Account Receivable grew from ~$113,000 to...

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Transocean Ltd. Reports Fourth Quarter and Full Year 2023 Results

                         Three months ended          December 31,    September 30,   Sequential  2023   2023   change(In millions, except per share amounts and backlog)                      Contract drilling revenues $ 741       $ 713       $ 28    Adjusted contract drilling revenues $ 748       $ 721       $ 27    Revenue efficiency   97.0   %     95.4   %     1.6   %Operating and maintenance expense $ 569       $ 524       $ 45    Net loss attributable to controlling interest $ (104 )     $ (220 )     $ 116    Diluted loss per share $ (0.13 )     $ (0.28 )     $ 0.15                           Adjusted EBITDA $ 122       $ 162       $ (40 )  Adjusted EBITDA margin   16.3   %     22.5   %     (6.2 ) %Adjusted net loss $ (74 )     $ (280 )     $ 206    Adjusted diluted loss per share $ (0.09 )     $ (0.36 )     $ 0.27                                                  Backlog...

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Osino Resources Announces Receipt of Superior Acquisition Proposal

VANCOUVER, British Columbia, Feb. 19, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or the “Company“) announces that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company (the “Common Shares”) and all of the issued and outstanding securities convertible into Common Shares for cash consideration of C$1.90 for each Common Share by way of a plan of arrangement (the “New Offer”). The Board of Directors of the Company (the “Board“) has unanimously determined, after consultation with its financial and legal advisors, and based upon the unanimous recommendation of the special committee of the Board, that the New Offer constitutes a “Superior Proposal”...

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