Day: March 12, 2024
PORTLAND, Tenn., March 12, 2024 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc., a leading provider of electrical balance of systems (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, reaffirmed its commitment to protecting its intellectual property rights and announced it will continue to vigorously defend its patent complaint with the U.S. International Trade Commission (“ITC”) against Voltage, LLC, based in Chapel Hill, North Carolina.
In light of a recent ruling by an Administrative Law Judge at the ITC to remove one of two asserted patents, U.S. Patent 10,553,739 (the “‘739 patent”), from the scope of the upcoming evidentiary hearing, Shoals Technologies Group remains resolute in its stance to safeguard its unique products and pursue all available legal avenues.
Voltage is still...
Kratos Unmanned Systems Division Self-Driving Truck Leader Follower Platoon Fleet to Be Deployed in Ohio and Indiana
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Leader Follower Platoon FleetLeader Follower Platoon FleetSAN DIEGO, March 12, 2024 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will be deploying self-driving Class 8 tractor/trailers in a Leader Follower Platoon hauling customer freight shipments along revenue generating routes in Ohio and Indiana.
The Kratos Unmanned Systems Division is under contract to deploy its self-driving platooning technology later this year between Ohio and Indiana along a major trucking corridor. Teamed with EASE Logistics, a third-party logistics (3PL) company that provides services to automotive, aerospace, food & beverage, and major manufacturing companies, the Leader Follower Platoon will be a first-of-its...
Immunovant Awarded U.S. Patent for IMVT-1402
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Composition of matter patent issued with coverage until June 2043Patent also includes methods of use and methods of manufacturing claimsNEW YORK, March 12, 2024 (GLOBE NEWSWIRE) — Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced that the United States Patent and Trademark Office has issued U.S. Patent No. 11,926,669 (“the ‘669 patent”) for IMVT-1402, the Company’s second-generation antibody targeting the neonatal fragment crystallizable receptor (FcRn). The allowed claims cover composition of matter for the binding sequence of IMVT-1402 to FcRn, method of use of the antibody for treating autoimmune disease, as well as methods for its manufacturing. Not including any potential patent term extension, the ‘669 patent will...
Dorman new releases for March include dozens of cost-saving repair solutions and aftermarket-exclusive innovations
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COLMAR, Pa., March 12, 2024 (GLOBE NEWSWIRE) — Dorman Products, Inc. (NASDAQ:DORM) is announcing a strong finish to the first quarter of 2024, releasing hundreds of new products in March. More than half of the new releases are aftermarket firsts and dozens more are innovative repair solutions designed to save time or money. Underscoring Dorman’s status as the leading brand for technicians and dedicated DIYers, this month’s list adds to an unrivaled catalog of 122,000 SKUs. That depth and diversity of coverage offers millions of new sales opportunities for automotive and heavy-duty parts distributors, retailers, and repair shops.
New Dorman® OE FIX™ repair solutions announced this month exemplify Dorman’s commitment to innovation, and include:An upgraded engine intake manifold designed to match the fit and significantly...
Ladybug Targets Growth with Acquisition of Two E-Commerce Sites, Anticipating $4M+ Annual Revenue Boost
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TULSA, Okla., March 12, 2024 (GLOBE NEWSWIRE) — Ladybug Resource Group, Inc. (OTC PINK: LBRG), a leading health and wellness company, is excited to announce through its subsidiary, Growhouse Nutraceuticals Ltd. (“Growhouse”), its plans to expand its North American digital footprint.
Growhouse is poised to acquire the flagship website of Plant Power Athletics Inc., marking a strategic move to expand its online presence. Furthermore, negotiations are underway for the acquisition of the primary website of Task Enhancers Ltd. These forthcoming planned acquisitions are anticipated to be transformative for Ladybug’s digital portfolio, projecting a substantial annual revenue increase of approximately $4 million.
In 2024, Ladybug is committed to increasing its market share and boosting its e-commerce prowess. This growth strategy...
Researchers Publish Manuscript on the Prevention and Emergency Response to Tularemia Outbreaks
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A review of Russian and English literature suggests that Appili’s biodefense program ATI-1701 may have a role in preventing tularemia in Ukraine
HALIFAX, Nova Scotia, March 12, 2024 (GLOBE NEWSWIRE) — Appili Therapeutics Inc. (TSX:APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and biodefense products, today announced a publication in the journal Frontiers in Bacteriology on the prevention of tularemia. Appili’s Director of Non-Clinical Research, Dr. Carl Gelhaus, Ph.D., together with medical doctors from the United States Uniformed Services University of the Health Sciences and Ukrainian researchers published a perspective manuscript “Considerations for prevention of and emergency response to tularemia outbreaks in Ukraine: vaccine involvement”.
“Appili...
Blade Air Mobility Reports Financial Results for the Fourth Quarter Ended December 31, 2023
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Revenue up 24.5% versus the prior year to $47.5 million in Q4 2023 and up 54.1% in the full year 2023 to $225.2 million
Net loss increased $(18.5) million versus the prior year to $(33.9) million in Q4 2023 and increased $(28.8) million in the full year 2023 to $(56.1) million; Adjusted EBITDA increased by $2.7 million versus the prior year to $(5.2) million in Q4 2023 and increased by $10.8 million to $(16.6) million in the full year 2023
Introduced guidance for Adjusted EBITDA profitability in full-year 2024 and Adjusted EBITDA in the double-digit millions for 2025
Announced pending acquisition of eight jet aircraft to support continued growth in Medical, enabling lower cost service with improved availability for the hospitals we serve and superior unit economics for Blade; new organ placement service launched in December, as plannedNEW...
KANZHUN LIMITED Announces Fourth Quarter and Full Year 2023 Financial Results
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BEIJING, March 12, 2024 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
Fourth Quarter and Full Year 2023 HighlightsRevenues for the fourth quarter of 2023 were RMB1,580.2 million (US$222.6 million), an increase of 46.0% from RMB1,082.3 million for the same quarter of 2022. Revenues for the full year of 2023 were RMB5,952.0 million (US$838.3 million), an increase of 31.9% from RMB4,511.1 million for the full year of 2022.
Calculated cash billings1 for the fourth quarter of 2023 were RMB1,780.4 million (US$250.8 million), an increase of 61.2% from RMB1,104.5 million for the same quarter of 2022. Calculated cash billings for the...
GXO Appoints Nizar Trigui as Its First Chief Technology Officer
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Rapid technology deployment driving new business and customer growthNizar Trigui, Chief Technology Officer, GXONizar Trigui, Chief Technology Officer (CTO) at GXOGREENWICH, Conn. and LONDON, U.K., March 12, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the newly created leadership role and appointment of Nizar Trigui as Chief Technology Officer (CTO) to further accelerate GXO’s industry leadership in technology and capitalize on the increasing global demand for advanced warehouse solutions.
The CTO, reporting to CEO Malcolm Wilson, has responsibility for GXO’s global technology function, working with the company’s innovation leaders to make cutting-edge technology an integral part of GXO’s future growth.
“This new global technology...
PyroGenesis Announces Accelerated Construction of Fumed Silica Reactor Project with Arrival of All Major Equipment
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Pilot Plant on Track for Anticipated Q2 2024 Commissioning
MONTREAL, March 12, 2024 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, is pleased to announce that, further to HPQ Silicon Inc’s (“HPQ”) press release dated today, and the Company’s own news releases dated January 11, 2024 and February 6, 2024, the next milestone for pilot plant development has been reached.
The Fumed Silica Reactor (FSR) technology project is being conducted in conjunction with HPQ Silica Polvere Inc. (“HPQ Polvere”), a wholly owned...