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Year: 2024

Sunrun Builds and Operates New York’s Largest Residential Power Plant in Partnership with Orange and Rockland Utilities

Innovative program is one of New York State’s first residential distributed power plants that supplies critical energy to the electric grid using rooftop solar paired with on-site batteries PEARL RIVER, N.Y. and SAN FRANCISCO, Oct. 23, 2024 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, and Orange and Rockland Utilities, Inc. (O&R), a wholly owned subsidiary of Consolidated Edison, Inc. (NYSE: ED), one of the nation’s largest investor-owned energy companies, have successfully activated New York’s largest residential power plant using more than 300 solar-plus-storage systems. During dozens of peak electricity demand events this summer, the home batteries supplied stored solar energy to help stabilize the electric grid. The Sunrun-managed power plant was initiated...

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Trust Stamp Enhances Biometric Security with Palm-Enhanced Cryptographic Solution

Atlanta, GA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI), a global provider of advanced identity solutions, is pleased to announce the launch of a pioneering research initiative aimed at expanding its biometric cryptosystem, Stable IT2, to include contactless palm authentication. The Biometric Secure Module (BSM) project will further enhance security by integrating face and palm biometrics, providing a more resilient and privacy-centric authentication system. Cyber-crime is on the rise, with global costs projected to reach $10.5 trillion by 2025. Trust Stamp’s BSM project aims to address this growing concern by developing a biometric cryptosystem that offers high-entropy, secure authentication without the need to store sensitive biometric data. This ensures users’ data remains protected even in the event of a device...

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Disney and Magnite Announce Two-Year Deal Renewal

Expands scope to include LATAM inventory, podcasts, and live sports in streaming NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and Disney have announced a two-year deal extension. As the relationship grows into its sixth year, Magnite continues to be Disney’s preferred supply-side technology partner. Disney leverages Magnite’s technology to monetize its ad-supported inventory across the company’s entire portfolio. Magnite facilitates transactions for all 30+ DSPs that Disney works with. “Disney is committed to driving automation and executional ease for our clients. With all our streaming inventory available programmatically, Magnite remains a key technology partner supporting Disney’s advertising business,” stated Jamie Power, SVP of...

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Aprea Therapeutics Presents Preliminary Findings on Oral WEE1 Inhibitor APR-1051 at EORTC-NCI-AACR International Conference on Molecular Targets and Therapeutics

Phase 1 ACESOT-1051 clinical trial is evaluating APR-1051 as monotherapy treatment in patients with significant unmet medical need; active enrollment is ongoing at three sites in the U.S. Preliminary results to date demonstrate APR-1051 is safe and well-tolerated with no hematologic toxicity DOYLESTOWN, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) — Aprea Therapeutics, Inc. (Nasdaq: APRE) (“Aprea”, or the “Company”), a clinical-stage biopharmaceutical company focused on precision oncology through synthetic lethality, today announced that preliminary safety results on its WEE1 inhibitor APR-1051 are highlighted in a poster being presented today at the EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics, taking place in Barcelona, Spain. The results are from ACESOT-1051, a first-in-human Phase 1 study assessing the safety,...

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Trio Petroleum Corp. Announces Appointment of James Blake to its Board of Directors, Strengthening Financial and Strategic Expertise

Bakersfield, CA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Trio Petroleum Corp. (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, is pleased to announce the appointment of James Blake to its Board of Directors. James brings with him 30 years of experience in the financial industry and holds a Bachelor of Commerce degree from the University of Alberta. He is also a Chartered Financial Analyst (CFA), with a distinguished career, having recently retired from a major Canadian bank where he managed over $750 million in assets as a portfolio manager. His expertise in financial markets, investment strategies, and risk management will be an invaluable asset to Trio Petroleum. In addition to his extensive financial experience, James has been deeply involved in the startup ecosystem, both as an investor and...

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SeaStar Medical Announces that Stanford Medicine is Cleared to Actively Enroll Subjects in the Adult Acute Kidney Injury Pivotal Trial

DENVER, Oct. 23, 2024 (GLOBE NEWSWIRE) — SeaStar Medical Holding Corporation (Nasdaq: ICU), a commercial-stage medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announces that Stanford Medicine is cleared to actively enroll subjects in the NEUTRALIZE-AKI pivotal trial. With the recent addition of two Department of Defense medical centers, 12 sites are now activated to enroll subjects in the trial with enrollment at 52. “It goes without saying that Stanford is an incredibly important site,” said Kevin Chung, MD, Chief Medical Officer of SeaStar Medical. “The recent decision by the U.S. Centers for Medicare and Medicaid Services (CMS) to reimburse certain expenses for Medicare patients enrolled in this trial is proving critical in recruiting new medical sites....

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Optical Transceiver Market to Register 11.5% by 2031 | SkyQuest Technology

Westford,USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Optical Transceiver Market size was valued at USD 10.82 billion in 2022 and is poised to grow from USD 12.06 billion in 2023 to USD 28.82 billion by 2031, growing at a CAGR of 11.5% during the forecast period (2024-2031). The rapid adoption of cloud computing, IoT devices, video streaming services, and deployments of the 5G network brought an exponential expansion in the amount of data in traffic. Thus, the optical transceiver market is expanding at a rapid rate. In addition to this, the rise in the global internet user base along with growing high-speed internet connectivity needs to fuel the adoption of optical transceiver modules. Furthermore, the market is growing owing to different technological developments in the optical transceiver modules such as compact form factor development,...

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Blue Foundry Bancorp Reports Third Quarter 2024 Results

RUTHERFORD, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) — Blue Foundry Bancorp (NASDAQ:BLFY) (the “Company”), the holding company for Blue Foundry Bank (the “Bank”), today reported a net loss of $4.0 million, or $0.19 per diluted common share, for the three months ended September 30, 2024, compared to net loss of $2.3 million, or $0.11 per diluted common share, for the three months ended June 30, 2024, and a net loss of $1.4 million, or $0.06 per diluted common share, for the three months ended September 30, 2023. James D. Nesci, President and Chief Executive Officer, commented, “The Company continues to maintain its strong capital position and access to liquidity. We executed on our share repurchase program and increased our tangible book value to $14.74 per share.” Mr. Nesci also noted, “Deposit growth continued in the third quarter....

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Dimethyl Ether Market to Surpass Valuation of USD 10.02 Billion by 2031 | SkyQuest Technology

The Dimethyl Ether market is poised for significant growth, projected to expand from USD 4.46 billion in 2023 to USD 10.02 billion by 2031, reflecting a robust CAGR of 9.4%. Key drivers include diverse raw materials like natural gas and coal, alongside applications in transportation fuel, aerosol propellants, and LPG blending. This comprehensive analysis offers insights into regional dynamics and future trends, essential for stakeholders navigating this thriving industry. Westford, USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Dimethyl Ether Market will reach a value of USD 10.02 Billion by 2031, with a CAGR of 9.4% during the forecast period (2024-2031). As an alternative to petroleum diesel, dimethyl ether fuel is inexpensive, low-carbon, and smokeless. Its ability to transfer hydrogen efficiently makes...

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ZenaTech Announces a Software Company Acquisition Adding Significant Capabilities to Building AI Drones

TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that it has entered into an agreement to acquire ZooOffice Inc., the holding company for software companies Jadian and DeskFlex, from ZenaTech’s former parent company. The acquisition of these two software companies will provide important compliance and inspection software as well as scheduling and mapping software that will be incorporated into ZenaTech’s ZenaDrone AI drone solutions. This transaction further expands ZenaTech’s portfolio of SaaS software solutions and customer base and is expected to add to recurring revenue in the government sector among others. The acquisition is...

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