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Month: June 2024

Plug Reaches 7.5 GW in BEDP Contracts for Global Electrolyzer Projects

Company’s BEDP Offering Propels Growth of Electrolyzer Business LATHAM, N.Y., June 25, 2024 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has achieved a significant milestone reaching 7.5 gigawatts (GW) in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. “The introduction of our BEDP has significantly propelled the growth of our electrolyzer business,” said Plug CEO Andy Marsh. “This milestone not only highlights the increasing demand for green hydrogen but also underscores Plug’s industry leading position in PEM electrolyzer technology and driving the green hydrogen revolution.” A BEDP provides the engineering and plant integration details to allow a full plant front-end engineering design...

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Troilus Confirms Excellent Metallurgical Recoveries at Zone X22 With Completed Pilot Plant Test Program

MONTREAL, June 25, 2024 (GLOBE NEWSWIRE) — Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to report positive metallurgical results from a pilot plant testing program completed for Zone X22 (“X22”), part of the main mineral reserve pits at its Troilus Project in north-central Quebec, Canada. Justin Reid, CEO and Director of Troilus Gold, commented, “The pilot plant test results from Zone X22 have confirmed the robust metallurgical recoveries projected in our Feasibility Study. Achieving 91.4% for gold, 94.0% for copper, and 87.2% for silver, these results demonstrate the consistency and predictability of our ore body across all zones. The confirmation of these metallurgical recoveries at X22 not only enhances our confidence in the projected production rates but also underscores...

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ANI Pharmaceuticals’ CEO Nikhil Lalwani Named EY Entrepreneur Of The Year® 2024 New Jersey Award Winner

Recognized for outstanding entrepreneurial leadership, driving impressive growth, and patient impactPRINCETON, N.J., June 25, 2024 (GLOBE NEWSWIRE) — ANI Pharmaceuticals, Inc. (ANI or the Company) (Nasdaq: ANIP) today announced that its Chief Executive Officer, Nikhil Lalwani, has been named an Ernst & Young LLP (EY US) Entrepreneur Of The Year® 2024 New Jersey Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. Mr. Lalwani was selected by an independent judging panel made up of previous award winners, leading CEOs, and other business leaders. Candidates were evaluated based on their ability to create long-term value through entrepreneurial spirit, commitment to their purpose, and the demonstration of growth and substantial impact, among...

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Gain Therapeutics to Participate at H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference

BETHESDA, Md., June 25, 2024 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today announced that the Company’s Chief Financial Officer, Gene Mack, will participate in a fireside chat and host virtual one-on-one meetings at H.C. Wainwright’s 5th Annual Neuro Perspectives Virtual Conference taking place June 27, 2024. Presentation Details Date: June 27, 2024 Time: 7:00am ET Format: Fireside Chat – On-demand presentation Webcast: Register Here An archived replay of the fireside chat will be available on the Investors and Media section of the company’s website at www.gaintherapeutics.com. About GT-02287 Gain Therapeutics’ lead drug candidate, GT-02287, is...

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KVH Signs Pooled Data Agreement with Starlink

Company also expands portfolio of available Starlink terminals to deliver more options and versatility to maritime users MIDDLETOWN, R.I., June 25, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), today announced a greatly expanded relationship with Starlink through a bulk data distribution agreement with Starlink. The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Starlink’s mobile priority service. Under the agreement, KVH prepaid for access to a large block of Starlink data at favorable rates over a period of more than a year. In addition, KVH has added the Starlink Standard flat-panel terminals to its product offering alongside the Flat High Performance maritime terminal. “We are very excited to expand our Starlink portfolio, both with new...

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NFI subsidiary Alexander Dennis receives largest single order of zero-emission buses ever, 244 next-generation electric buses from Stagecoach

LARBERT, United Kingdom, June 25, 2024 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI or the Company), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that it has taken a firm order from transport group Stagecoach for 244 of its next-generation zero-emission buses. Stagecoach supported numerous local authorities across England in successful bids to the second round of the UK Government’s Zero-Emission Regional Bus Areas scheme (ZEBRA 2). Following the funding award, the group has now been able to place the largest single order of Alexander Dennis’ zero-emission buses to date. 180 new Enviro400EV double deckers will join similar vehicles bought by Stagecoach with earlier ZEBRA 1 funding...

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Breckenridge Distillery Releases Award-Winning Collectors Art Series Collaboration With Abby Wren

For its Fourth Annual Collectors Art Series, Breckenridge Distillery Partners with California Artist to Create Label for Its New, Limited Release, Sauternes Cask Finish Whiskey BRECKENRIDGE, Colo., June 25, 2024 (GLOBE NEWSWIRE) — Breckenridge Distillery, one of the most-awarded craft distilleries in the U.S., and a subsidiary of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY), announces its fourth edition of the Collectors Art Series, a partnership with Los Angeles based artist, Abby Wren which combines the art of blending color and blending whiskey. For the fourth edition of the Collector’s Art Series, Wren designs a whiskey label and mural in the RiNo Art District (Entrance in alley, 3537 Delgany St, Denver, CO 80216) in Denver, Colorado. In her design, Wren uses vivid colors and shapes to bring awareness to her message of...

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Werewolf Therapeutics Highlights Initial Safety and Efficacy Data from its Ongoing Phase 1 Clinical Trial Evaluating WTX-330 in Patients with Advanced or Metastatic Solid Tumors or Non-Hodgkin Lymphoma

– Data demonstrate that administration of WTX-330 reached therapeutically relevant exposure levels of systemically delivered IL-12 prodrug with an improved tolerability profile over historical data for rhIL-12 – – Early WTX-330 dose-escalation data demonstrated encouraging clinical activity and evidence of immune biomarker activity including an unconfirmed partial response in a metastatic melanoma patient – – Expansion arms open to checkpoint inhibitor-resistant or -naïve relapsed or refractory advanced tumor patients; additional results anticipated in the fourth quarter of 2024 – WATERTOWN, Mass., June 25, 2024 (GLOBE NEWSWIRE) — Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated...

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Genasys Lands $900K in LRAD Defense Orders from Middle East

SAN DIEGO, June 25, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, today announced new and follow-on defense orders from the Middle East. The follow-on order is part of a previously announced foreign military sales (FMS) contract award to deploy LRAD systems on shore installations and naval ships. The combined value of the original award and the follow-on order is over $2.7M.     “International orders that have been delayed are starting to come in”, said Richard S. Danforth, Chief Executive Officer of Genasys. “FMS orders, the Puerto Rico dams project, the Common Remotely Operated Weapon Station (CROWS) Effectors program, and other LRAD and ACOUSTICS business are expected to drive record pipeline and backlog and position the Company for significant revenue growth next fiscal...

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Guardforce AI Secures 5-Year Contract to Operate Consolidated Cash Center in Thailand, Enhancing Comprehensive Service Capabilities Along with AI Solutions for Retail Clients

New York, NY, June 25, 2024 (GLOBE NEWSWIRE) — Guardforce AI Co., Limited (“Guardforce AI” or the “Company”) (NASDAQ: GFAI, GFAIW), an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced Guardforce Cash Solutions Security (Thailand) Company (“GFCS”), a subsidiary of Guardforce AI, has successfully secured a 5-year contract to operate Consolidated Cash Center (“CCC”) in Chiangmai on behalf of the Bank of Thailand (“BOT”), commencing at the end of 2024. Prior to winning the contract in Chiangmai, GFCS had already secured multiple 5-year contracts to operate CCCs in Ubonratchathani, Phitsanulok, Hadyai, and Khon Kaen over the past three years. With the addition of Chiangmai CCC, GFCS will become the largest CCC operator on behalf of BOT, managing five CCCs in total, which accounts for 50% of BOT’s...

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