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Month: August 2025

Artivo Surfaces, Backed by Transom Capital, Completes Acquisition of Walker Zanger and Anthology Brands from Mosaic Companies

LIVONIA, Mich., Aug. 26, 2025 (GLOBE NEWSWIRE) — Artivo Surfaces (“Artivo”), the parent company of Virginia Tile and GalleherDuffy, backed by Transom Capital (“Transom”), today announced it has successfully completed its previously announced acquisition of the Walker Zanger and Anthology brands from Mosaic Companies. “With today’s closing, we officially welcome Walker Zanger and Anthology to the Artivo platform,” said Sunil Palakodati, CEO of Artivo Surfaces. “This milestone not only marks a significant expansion of Artivo’s portfolio of premier brands, but also builds on the momentum we established with the 2024 combination of Galleher, Virginia Tile, and the Tom Duffy Company. As we integrate these iconic brands and honor their design legacies and customer-first values, Artivo is firmly positioned as a national leader in flooring...

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ECARX Announces Second Quarter 2025 Unaudited Financial Results

SHANGHAI, Aug. 26, 2025 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended June 30, 2025. “The strong momentum we built in 2024 and early 2025 continued in the second quarter,” said Ziyu Shen, ECARX Chairman and CEO. “Revenue was US$155.6 million, reflecting the impact of typical seasonal headwinds and the timing of certain contracts, while the disciplined execution of our lean operating strategy reduced operating expenses by 20% to US$57.2 million. With a robust pipeline of new projects expected to launch over the next two quarters, we remain firmly on track to hit EBITDA breakeven in each of the remaining quarters and full-year 2025, and deliver close to 20% revenue growth for the year. Shipments of...

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Draganfly Uniquely Positioned to Support Canada’s New $2 Billion Military Commitment to Ukraine with Advanced Drone and Tactical Capabilities

Saskatoon, SK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, today provided insight into its unique positioning to support Canada’s newly announced $2 billion military aid package to Ukraine, which includes over $220 million dedicated to drone, counter-drone, and electronic warfare capabilities. As the world’s oldest dual-use drone manufacturer with 27 years of design, engineering, and development experience—and one of a handful of Canadian manufacturers with proven solutions, Draganfly is uniquely positioned to support this critical national and international mission. Strategic Alignment with Canada’s Commitment Announced this weekend during Prime Minister Mark Carney’s historic visit to Kyiv on...

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The Save Mart Companies Honored for Transforming Workers’ Comp Program in Collaboration with CorVel

FORT WORTH, Texas, Aug. 26, 2025 (GLOBE NEWSWIRE) — CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, congratulates its partner, The Save Mart Companies, one of the West Coast’s largest regional, full-service grocery chains, for being named one of three recipients of the 2025 Workers’ Compensation Risk Management Award for Excellence, presented by PropertyCasualty360. The award was announced at this year’s Workers’ Compensation Institute (WCI) Conference in Orlando, Florida. The Save Mart Companies risk management team, led by Rosie Partida, Director of Risk Management, is recognized for its transformation of the company’s workers’ compensation program through strategic innovation, enhanced safety protocols, and employee-first policies. Under Partida’s leadership, the company transitioned...

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Gilat Receives an Additional $25 Million Agreement to Advance Digital Inclusion in Peru

Additional digital inclusion project in the Cusco region to deliver connectivity to public institutions, expanding access to essential services PETAH TIKVA, Israel, Aug. 26, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has signed an additional $25 million agreement with Pronatel (Programa Nacional de Telecomunicaciones), Peru’s national telecommunications program. This award is for the modernization of the Regional Broadband network in the Cusco region. The migration is planned over the next 12 months, with services to be delivered for a period of five years. The upgraded network will provide high-speed internet of 200 Mbps to nearly 208 public institutions,...

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Kraig Biocraft Laboratories Accelerates Operations into Two Rearing Centers in One of Southeast Asia’s Premier Silk-Producing Regions

ANN ARBOR, Mich., Aug. 26, 2025 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), a world leader in spider silk technology*, today announced that its two recently established rearing centers, located in the heart of one of Asia’s leading silk-producing regions, have now completely replaced the Company’s original Prodigy Textiles pilot facility as the center of production. Since opening the first of these two new rearing centers in early 2024, Kraig Labs has produced more recombinant spider silk than in all previous years of the Company’s operations combined. These modern rearing centers provide an optimized production environment, combining advanced biotechnology with the region’s unmatched sericulture expertise, favorable climate, and...

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Zenas BioPharma to Present at Upcoming Healthcare Investor Conferences

WALTHAM, Mass., Aug. 26, 2025 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative therapies for autoimmune diseases, today announced management’s presentations at the following investor conferences in September:Citi’s 2025 Biopharma Back to School Conference on Tuesday, September 2, 2025, at 1:00 p.m. ET Cantor Global Healthcare Conference 2025 on Wednesday, September 3, 2025, at 8:35 a.m. ET Morgan Stanley 23rd Annual Global Healthcare Conference on Wednesday, September 10, 2025, at 7:45 a.m. ETLive webcasts and archived replays of the Company’s presentations can be accessed under “Events and Presentations” in the Investor & Media Relations section...

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OLAPLEX Acquires Biotech Company Purvala

Ten years after launch, OLAPLEX’s first acquisition demonstrates its commitment to product innovation NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or the “Company”) today announced the acquisition of Purvala Bioscience, a Boston-based biotech company. This marks the first acquisition from OLAPLEX since the brand launched over ten years ago with breakthrough product formulations and a new-to-market philosophy around bond-building in haircare. Purvala is a Boston-based company founded by Drs. Bradley Olsen, Justin Paloni, and colleagues that seeks to develop transformative bioinspired technologies with applications across health and beauty industries. Since its launch in 2020, Purvala has focused on the creation of high-performing molecules inspired by naturally...

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Goliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.

Infographic 1Infographic 1Infographic 2Infographic 2Infographic 3Infographic 3Infographic 4Infographic 4Infographic 5Infographic 5Infographic 6Infographic 6100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization and 95% of drill holes completed thus far in 2025 contain gold visible to the naked eye (“VG-NE”). This clearly demonstrates the continuity and predictability of this expansive gold-rich system. Drilling at the Surebet Discovery has hit VG-NE in three distinct rock packages (quartz-sulphide breccias/stock work, RIRG Eocene-aged dykes and calc-silicate altered breccia) showing the untapped discovery potential at this remarkable high-grade gold system that remains open. 65 drill holes have been completed for a total of...

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