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Day: March 27, 2025

NeoVolta Anticipates Record Quarterly Sales, Surpassing $2 Million in Revenue – a Projected Increase of over 600% Year-over-Year

Company Poised for Continued Growth Following Breakout Quarter and Strong Market Response SAN DIEGO, March 27, 2025 (GLOBE NEWSWIRE) — NeoVolta Inc. (NASDAQ: NEOV), a U.S.-based energy technology company delivering scalable storage, for resilient residential and commercial power infrastructure, today announced that it anticipates record-breaking quarterly sales, with unaudited revenue expected to exceed $2 million for the first time in the company’s history — an increase of over 600% over the same period last year. This significant milestone reflects the soaring demand for sustainable home energy solutions and NeoVolta’s ongoing commitment to delivering innovative, high-performance products. “We’re proud to project anticipated revenue exceeding $2 million this quarter,” said Ardes Johnson, Chief Executive Officer of NeoVolta. “This...

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CURRENC Empowers Coin Cove with AI-Powered Electronic Banking Services Platform

Pioneering Turnkey Solution Set to Transform Electronic Banking Experience SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — CURRENC Group Inc. (Nasdaq: CURR) (“CURRENC” or the “Company”), a fintech pioneer empowering financial institutions worldwide with artificial intelligence (AI) solutions, today announced that it has secured a landmark contract with Coin Cove, an institution providing electronic banking services, to provide Coin Cove with comprehensive, AI-powered electronic banking solutions through CURRENC’s SEAMLESS AI Lab, including a cutting-edge trading platform, trading and operating apps, customer inquiry and marketing centers, SEAMLESS AI Call Centre technology, training, compliance and risk management tools, website design and MasterCard issuance. CURRENC has crafted a comprehensive spot and futures trading environment...

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Rectitude Holdings Ltd Announces Fiscal 2025 First Half Financial Results

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) — Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial-grade hardware products, today announced its unaudited financial results for the six months ended September 30, 2024. Fiscal 2025 First Half Financial Results Compared to Fiscal 2024 First Half (amounts in U.S. dollars ($) unless otherwise noted):Revenues for the first six months of fiscal 2025 were $17.2 million. Revenues in Singapore Dollars, increased 7.89% to S$22.1 million, from S$20.5 million in the prior-year period. Revenue growth was driven by a S$5.6 million increase in safety equipment revenues, partially offset by a S$4.0 million decrease in auxiliary product revenues. Gross profit increased to S$7.7 million, from S$7.6 million in the prior year was...

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Fuel Tech Awarded Air Pollution Control Orders Totaling $1.4 Million

WARRENVILLE, Ill., March 27, 2025 (GLOBE NEWSWIRE) — Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the receipt of air pollution control (APC) orders from new and existing customers in the US and Europe. These orders have an aggregate value of approximately $1.4 million.   A contract was received from a new customer in the US for an ULTRA® system to be installed on a natural gas turbine with a heat recovery steam generator and Selective Catalytic Reduction (SCR) system at a medical facility in the Midwest. Fuel Tech’s ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent where SCR is used to reduce nitrogen...

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Oragenics, Inc. Provides Q1 2025 Shareholder Update on Strategic and Financial Progress

ONP-002 Advances Toward Phase IIa Concussion Trial with Strengthened Financial Foundation and Industry Momentum SARASOTA, Fla., March 27, 2025 (GLOBE NEWSWIRE) — Oragenics, Inc. (NYSE American: OGEN), a biotechnology company focused on developing novel intranasal therapies for brain-related conditions, today provided shareholders with an update on its strategic and financial progress for the first quarter of 2025. The Company has made meaningful advancements across regulatory, clinical, financial, and partnership initiatives, further positioning its lead therapeutic candidate, ONP-002, as a first-in-class solution for treating concussion. “We believe ONP-002 is one of the most undervalued clinical assets in biotechnology today,” said Janet Huffman, Interim CEO of Oragenics. “With strong preclinical validation and clinical safety...

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FibroBiologics Announces 2025 Annual Meeting of Stockholders

HOUSTON, March 27, 2025 (GLOBE NEWSWIRE) — FibroBiologics, Inc. (Nasdaq: FBLG) (“FibroBiologics”), a clinical-stage biotechnology company with 160+ patents issued and pending with a focus on the development of therapeutics and potential cures for chronic diseases using fibroblasts and fibroblast-derived materials, today announced that its 2025 Annual Meeting of Stockholders will take place on June 12, 2025, at 11 a.m. CDT, exclusively through a virtual format. The record date for determination of stockholders entitled to vote at the annual meeting is April 14, 2025. About FibroBiologicsBased in Houston, FibroBiologics is a clinical-stage biotechnology company developing a pipeline of treatments and potential cures for chronic diseases using fibroblast cells and fibroblast-derived materials. FibroBiologics holds 160+ US and internationally...

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SS Innovations International, Inc. Achieves Another Milestone by Successfully Performing Over 2,000 km North-to-South Robotic Cardiac Telesurgery with its SSi Mantra 3 Surgical Robotic System

The SSI Mantra 3 Surgical Robotic System enabled a seamless connection from SS Innovations headquarters in Gurugram, India to Aster CMI Hospital in Bengaluru, India covering a distance over 2,000 km. The SSi Mantra, India’s first CDSCO*-approved surgical robotic system for telesurgery, brings precision and accessibility to complex surgical procedures.FORT LAUDERDALE, Fla., March 27, 2025 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (OTC: SSII) (“SS Innovations” or the “Company”), a developer of innovative robotic surgical technologies dedicated to making world-class robotic surgery affordable for and accessible to a global population, announced that it successfully performed India’s first North-to-South robotic cardiac telesurgery. Made possible by our advanced SSi Mantra 3 Surgical Robotic System, this landmark procedure...

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Chemomab Reports Positive Results in Nebokitug Phase 2 PSC Open Label Extension Trial Showing Continued Broad and Substantial Improvements in Key Liver Biomarkers

Reinforces potential of nebokitug to become the first approved drug with disease-modifying activity for PSC–a deadly disorder that currently has no effective treatments Treatment in PSC patients with moderate/advanced disease for 48 weeks resulted in continued improvements across key biomarkers of liver injury, inflammation and fibrosis, including ELF score, fibrosis-related ELF score components and PRO-C3 Patients treated with nebokitug for 48 weeks showed a significantly lower number of clinical events compared to matching historical controls and significantly reduced progression of liver stiffness vs historical controls, further derisking the planned PSC Phase 3 clinical trial design Treatment for up to 48 weeks was well-tolerated; Reinforces and expands positive results from 15-week double-blind Phase 2 SPRING trial TEL AVIV,...

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LIXTE Biotechnology Provides Update On Progress with Proprietary Compound, LB-100, to Treat Ovarian and Colorectal Cancer

-Started Two New Clinical Trials, Collaborating with MD Anderson and The Netherlands Cancer Institute for Treatment of Ovarian and Colorectal Cancer- -Received Exclusive Patent License Agreement with the NIH on LB-100’s Potential in Enhancing Cancer Immunotherapies- -Two Breakthrough Publications in Medical Journals, EMBO and Cancer Discovery,Supporting LIXTE’s Clinical Trial Program- PASADENA, Calif, March 27, 2025 (GLOBE NEWSWIRE) — LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”) (Nasdaq: LIXT and LIXTW), a clinical-stage pharmaceutical company developing a new class of cancer therapy to enhance chemotherapy and immunotherapy, today provided an update on its recent activities. “Continued progress has been made in collaborative clinical studies with two global pharmaceutical companies for our lead proprietary...

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Nightfood Holdings (NGTF) Issues Shareholder Update on Imminent Strategic Acquisitions and Rapid Expansion in AI-Powered Hospitality Automation

TARRYTOWN, NY, March 27, 2025 (GLOBE NEWSWIRE) — via IBN — Nightfood Holdings, Inc. (OTCQB: NGTF) is revolutionizing the hospitality industry by combining artificial intelligence (AI)-powered robotics with strategic hotel acquisitions and is excited to update shareholders on significant imminent milestones in its strategic expansion. The team is working diligently to finalize the acquisitions of Carryout Supplies (S W C Group) and Skytech Automated Solutions, Inc. in the very near term. The Carryout Supplies acquisition, which represents a key strategic step in expanding Nightfood’s presence in the hospitality supply chain, is expected to close imminently. Concurrently, the Company is advancing swiftly toward the closing of its planned acquisition of Skytech Automated Solutions, a leading provider of robotics and AI-driven...

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