Month: May 2024

Working together during the last year, the Company and FIU have achieved remarkable progress toward the goal of demonstrating a breakthrough technology to deliver high-speed Internet from satellites directly to smartphones SANTA BARBARA, CA, May 29, 2024 (GLOBE NEWSWIRE) — Digital Locations, Inc. (OTCMKTS:DLOC), the developer of Satenna™, a breakthrough technology that will deliver high-speed Internet from satellites directly to smartphones all over the world, today announced that it has extended its research agreement with Florida International University (FIU) to continue the Satenna™ research that it began a year ago. “I am extremely pleased with the progress that FIU has made in the development of Satenna™, said Digital Locations CEO Rich Berliner. “I believe that continuing this partnership is the most...

AB „Grigeo Group” (hereinafter – the Company) informs that on 29th May 2024 the Supervisory Board of the Company has revoked Martynas Nenėnas from his position as a member of the Board. As of 30th May 2024, Robertas Krutikovas has been appointed as a new member of the Board. R. Krutikovas has been working and holding managerial positions in the companies managed by AB „Grigeo Group” since January 2008. Tomas JozonisChief Executive Officer+370 5 243 58 01

Hod Hasharon, Israel, May 29, 2024 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced the appointment of Mrs. Liat Nahum as the new Chief Financial Officer of the Company. Nahum, who will join Allot on July 1st, 2024, brings with her significant financial and international management experience from leadership roles at publicly listed technology companies. “I am happy to welcome Liat to our executive team. She will partner with me to usher in a new chapter for Allot, with the goal of driving renewed business success. Liat brings more than twenty years of experience, great talent, and finance and business leadership at top tier hi-tech companies. I am confident that she will...

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”) hereby announces that the prospectus relating to the Company’s new issue of shares of series B (“B-shares”) with preferential rights for existing shareholders (the “Rights Issue”), has been approved by and registered with the Swedish Financial Supervisory Authority. The prospectus is available on the Company’s website, https://www.fingerprints.com/investors/rights-issue-2024/ and will...

AstaZero*, in collaboration with several partners, including Terranet AB and Trafikverket, is launching a new project aimed at significantly improving traffic safety for automated vehicles. The project will run from May 2024 to May 2025 and is funded by Vinnova, Sweden’s innovation agency. FFI, Strategic Vehicle Research and Innovation, is a collaboration program between the government and the automotive industry. The purpose of the project “Verification Methods for Robust Driver Assist System Performance” is to develop both physical and virtual verification methods to effectively evaluate and improve the performance of Advanced Driver Assistance Systems (ADAS). By addressing more accident scenarios and ensuring that safety features are robust in real life situations, the goal is to reduce the number of seriously injured...

Harvia Plc, Stock Exchange Release, 29 May 2024 at 9:00 a.m. EESTHarvia Plc is organizing its Capital Markets Day event today 29 May 2024 at 10:30 a.m. EEST. In the event, the company will present a strategy update and adjusted long-term financial targets. Harvia is the leading player in the global sauna market, which is estimated at approximately EUR 3.5 billion in value. Since its initial public offering in 2018, Harvia has over doubled its size in revenue to EUR 150.5 million in 2023, while delivering consistently strong profitability. To further accelerate growth, the company is updating its strategic focus areas and defining its strategic role in the industry as “shaping the global sauna market so that everyone has a reason to experience sauna”. Updated long-term financial targets Harvia’s long-term financial targets have been...

LONDON and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), and eVolare, a subsidiary of Volare Aviation, one of the United Kingdom’s largest helicopter and private jet operators, announced the signing of binding sale and purchase agreements for the acquisition of 4 Lilium Jets. The purchase agreements include delivery schedules, guarantees, and warranties along with deposits and pre-delivery payments. The parties have also agreed on terms for the reservation of up to an additional 12 Lilium Jet production slots for eVolare and its customers. Based in Oxford, UK, eVolare plans to operate Lilium Jets in the London area, connecting London with outer cities and the coastal areas...

Lilium has agreed to a deal with Luxaviation to help prepare ExecuJet Fixed Base Operations (FBOs) and newly developed locations for the Lilium Jet ExecuJet, part of the Luxaviation Group, is an industry leader in ground handling and ExecuJet’s lounges will be a key part of the Lilium Jet’s growing EMEA networks Lilium and Luxaviation, through subsidiary Sigma Air Mobility, have been engaged since 2022 and see alignment between operations and ground infrastructure as a key next step towards regional electric aviationGENEVA and MUNICH, Germany, May 29, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet and global pioneer in regional air mobility (RAM), today announced an expansion of its partnership with Luxaviation Group, one of the largest...

HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has drilled, completed and brought onto production four wells in Canada. Highlights:Safely and successfully drilled, completed and brought online four long lateral wells in Canada;All wells were 2.75 mile lateral development wells; Strong initial production rates of approximately 500 barrels of oil per day (“BOPD”) for three of the four wells, with production of approximately 350 BOPD for the fourth well, prior to the well being shut in for a regulatory required pressure build up; Average cycle time for the four wells was about 65 days from rig release to first production; andStrategically targeting an appraisal well in the third quarter of 2024 in the Company’s Southern acreageGeorge Maxwell,...

VANCOUVER, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) — Cornish Metals Inc. (AIM/TSX-V: CUSN) (“Cornish Metals” or the “Company”), is pleased to report that it has filed a technical report pursuant to National Instrument 43-101 – Standards for Disclosure for Mineral Projects (“NI 43-101”) for its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom under Cornish Metals’ profile on Sedar+ (www.sedarplus.com). The Company’s news release dated April 30, 2024 summarises the positive results of the Preliminary Economic Assessment (“PEA”). The technical report, titled “South Crofty PEA” (the “Technical Report”) was prepared by AMC Consultants (UK) Limited on behalf of Cornish Metals. The Qualified Persons (“QPs”) for the PEA are Mr Nicholas Szebor, MCSM, CGeol, EurGeol, FGS, Regional Manager (UK) and Principal...