Month: April 2025

Cyabra Announces Record 2024 Financial Performance, Doubling Revenue and Strengthening Gross Margins

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

Cyabra has entered into a business combination agreement with Trailblazer Merger Corp. (TBMC) New York, NY, April 15, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, today announced its financial results for the fiscal year 2024, showcasing exceptional growth and strengthened gross margins. The company’s revenue surged from $1.9 million in 2023 to $4.2 million in 2024, marking a 116% year-over-year increase. Additionally, Cyabra significantly improved its gross margins, rising from 69% in 2023 to 81% in 2024, reflecting enhanced operational efficiency and strong demand for its cutting-edge technology solutions. “This past year has been transformative for Cyabra, as our capabilities continue to set the standard in the fight against disinformation,” said Dan Brahmy,...

Motorsport Games Inc. Announces $2.5 Million Strategic Investment led by Virtual Reality Company Pimax

Written by Customer Service on April 15, 2025. Posted in Public Companies.

Motorsport Games Inc. Announces $2.5 Million Strategic Investment from Virtual Reality Manufacturer PimaxMotorsport Games is announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on April 11, 2025 with certain institutional and accredited investors, including an affiliate of Pimax Innovation Inc.MIAMI, April 15, 2025 (GLOBE NEWSWIRE) — Motorsport Games Inc. (“Motorsport Games” or “the Company”), the racing game developer and publisher of prominent simulation racing (or “sim racing”) titles including Le Mans Ultimate, is today announcing a private placement offering for gross proceeds of approximately $2.5 million, before deducting offering expenses, pursuant to a definitive agreement entered into on...

Rutger Bosland, Pioneering Engineer and Technical Lead on Development of TMC’s Nodule Collection System, Joins Company to Drive Commercial Readiness

Written by Customer Service on April 15, 2025. Posted in Public Companies.

Nodule collector vehicleGerard Barron and Rutger Bosland inspect the Allseas-designed collector vehicle after NORI’s test mining campaign in 2022.Rutger Bosland, the engineer and technical lead who oversaw the design, build and successful test deployment of Allseas’ integrated nodule collection system, joins TMC to lead offshore innovation and scale its technologies for commercial production As Chief Innovation and Offshore Technology Officer (CIOTO), Rutger will focus on the Company’s efforts to optimize the performance of our commercial scale nodule collection system to meet our production ramp-up strategy to unlock the potential of our nodule resource while ensuring it is developed with the lightest possible touch on the benthic, midwater, and surface marine environments Bosland brings deep experience in complex project...

Syntec Optics (Nasdaq: OPTX) Receives Increased Demand Approaching $4M in 2025 for Defense Tech Optomechanicals

Written by Customer Service on April 15, 2025. Posted in Public Companies.

ROCHESTER, NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced increased production of optomechanicals used in advanced miniature aiming systems. The company has delivered nearly $0.6M of the product in 2025 and is scaling up the production rate by nearly 50% to meet deliveries of an additional nearly $2.4M between April and October of 2025. The total value will approach $4M for 2025, with continued anticipated demand for the following years as newer technologies improve situational awareness and target engagement. The accuracy achieved by these optomechanicals is paramount to the performance and durability...

ZenaTech’s ZenaDrone Subsidiary Provides Update on Green UAS Certification for IQ Square Drone for Land Survey, Bridge Inspections, and Other US Defense Applications

Written by Customer Service on April 15, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, April 15, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, provides an update on its subsidiary ZenaDrone’s previously announced plans to obtain the Green UAS (Unmanned Aerial System) certification and announces its intention to submit an application for the IQ Square drone at the beginning of Q3 2025. The IQ Square is designed for applications including land survey, bridge inspections and other infrastructure inspections for use by US Defense agencies. The ZenaDrone team has completed work to ensure drone software security and communications security controls are in place, and is currently finishing...

Ascot Provides an Update on Mine Development & Restart of Operations

Written by Customer Service on April 15, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, April 15, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to provide an update of its activities related to the restart of operations at the Premier Gold Project (“PGP” or the “Project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. As announced on April 10th, 2025, the Company closed the second and final tranche of its private placement financing, raising a total of $61.1 million in gross proceeds (the “Financing”). MINE AND INFRASTRUCTURE DEVELOPMENT Power availability increased to allow expanded equipment operations:With the closing of the Financing, Ascot is addressing the critical issue of expanding power capacity by ordering a 4160v transformer...

zSpace Acquires Second Avenue Learning to Revolutionize Experiential Education

Written by Customer Service on April 15, 2025. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., April 15, 2025 (GLOBE NEWSWIRE) — zSpace, Inc., a leading provider of augmented and virtual reality (AR/VR) solutions for education, proudly announces the acquisition of Second Avenue Learning, a Rochester, NY-based innovator in educational technology and interactive learning experiences. This strategic acquisition unites two trailblazers in the EdTech space, poised to transform how students engage with science, math, career and technical education (CTE), and beyond. zSpace has been at the forefront of immersive learning since its founding in 2007, delivering evidence-based AR/VR platforms that enhance student achievement without the need for head-mounted displays. With its cutting-edge hardware and software, zSpace empowers educators and learners to interact with 3D simulations in subjects ranging from human...

Pipe Acquires Glean.ai to Add Spend Management to Suite of Embedded Financial Solutions

Written by Customer Service on April 15, 2025. Posted in Mergers And Acquisitions.

SAN FRANCISCO, April 15, 2025 (GLOBE NEWSWIRE) — Pipe, a fintech company enabling embedded financial solutions for software platforms, today announced its strategic acquisition of Glean.ai, a leading AI-powered spend management company. With this acquisition, Pipe becomes the first embedded finance company to bring together embedded capital and spend management for small businesses via its partners. Glean.ai was built to address the lack of transparency surrounding a company’s expenses. Founder Howard Katzenberg, former CFO of OnDeck, wanted to solve the challenge he’d experienced firsthand: not having the right visibility into how company finances were being spent. The result is Glean.ai, the AI-powered spend management solution that provides one-click access to spending trends, billing errors, and savings opportunities, as well...

JBTC Announces 1st Quarter 2025 Earnings

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

JONESTOWN, Pa., April 15, 2025 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $1,687,000 or $0.69 per share for the first quarter of 2025 versus $1,307,000 or $0.54 per share in the prior year. President Troy A. Peters stated: “Focusing on net interest income and non-interest income sources drove our results in the first quarter. Net interest income after credit loss expense increased by 7.87% over the same period in the prior year and non-interest income increased by 13.13% led by debit card interchange. Interchange income was positively affected by increased transaction volume and amounts.” More information can be found at OTC Markets at www.otcmarkets.com/stock/JBTC/overview. Contact: Andrea Shetterly, EAAashetterly@jbt.bankJonestown Bank & Trust Co. 2 West Market StreetJonestown, PA 17038-0717Phone:...

Windtree Therapeutics Reports Year-End 2024 Financial Results and Provides Key Business Updates

Written by Customer Service on April 15, 2025. Posted in Earnings Releases And Operating Results.

WARRINGTON, Pa., April 15, 2025 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or “the Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today reported financial results for the fiscal year ended December 31, 2024 and provided key business updates. “The year 2024 saw Windtree make great progress in many key areas including clinical development of our lead drug candidate istaroxime in cardiogenic shock, business development and the future strategy of the Company,” said Jed Latkin, CEO of Windtree. “Cardiogenic shock is a critical condition with high morbidity and mortality where clinicians express a high need for drug innovation. During the year, we announced positive results of our SEISMiC Extension Phase 2 istaroxime clinical...

Month: April 2025

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