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Month: August 2025

ZenaTech Signs Agreements to Acquire Two Florida Companies, Expanding Drone as a Service Footprint into Aviation, Defense, and Power Washing

VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, announces it has signed offers to acquire two Florida-based companies expected to expand its US DaaS services footprint into drone-based power washing and new aviation, defense, government, and commercial customers. The acquisitions will unlock significant revenue potential as well as diversification across the Southeast region and nationally. One proposed acquisition is a Florida-based power wash services company with operations across multiple counties, marking ZenaTech’s first US entry into the power washing sector. This...

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Emergent BioSolutions Supports Voices for Awareness and Facing Fentanyl Now on August 21, 2025 for National Fentanyl Prevention and Awareness Day™

GAITHERSBURG, Md., Aug. 21, 2025 (GLOBE NEWSWIRE) — As opioid emergencies continue to be the leading cause of accidental death in the United States,1 Emergent BioSolutions (NYSE: EBS) is teaming up with Voices for Awareness and Facing Fentanyl Now in honor of National Fentanyl Prevention and Awareness Day™ on August 21, 2025. As part of this year’s efforts, these leading advocacy organizations and its sponsors will bring their message to Times Square, NYC on the day with several high-visibility billboards that expose fentanyl risks and urge a nationwide call to action to reduce the stigma around opioid poisonings ensuring that more people can be prepared to save a life. Synthetic opioids, such as fentanyl, are a key driver of the opioid epidemic, contributing to nearly 70 percent of all overdose deaths.2 Its undetectable...

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Travelers Gain More Parking Control as CMX and OMNIQ Enhance Convenience and Service

Smarter, faster operations: OMNIQ’s AI-powered machine vision automates license plate scanning and matching, helping staff work more efficiently. Seamless traveler convenience: Pay online or via mobile before, during, or after trips. Reducing missed payments. Hands-on customer service: CMX staff assist travelers, set up permits, process in-person payments, and address any system questions. Reliable revenue for essential services: Efficient follow-up on unpaid citations supports funding for critical needs, like snow removal and ongoing airport operations.SALT LAKE CITY, Aug. 21, 2025 (GLOBE NEWSWIRE) —  Houghton County Airport (CMX) is the latest airport to adopt OMNIQ airport management platform, combining advanced AI-powered machine vision with the expertise and dedication of airport staff. Since going live in October 2024,...

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Crinetics Receives FDA Orphan Drug Designation for Atumelnant in the Treatment of Congenital Adrenal Hyperplasia (CAH)

SAN DIEGO, Aug. 21, 2025 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) today announced that the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation (ODD) for atumelnant, a novel, once-daily oral adrenocorticotropic hormone (ACTH) receptor antagonist candidate for the proposed treatment of classic congenital adrenal hyperplasia (CAH). Atumelnant is the first and only small molecule ACTH receptor antagonist in clinical development. “Receiving Orphan Drug Designation from the FDA underscores the significant unmet need faced by people living with CAH,” said Dana Pizzuti, M.D., Chief Medical and Development Officer of Crinetics. “Through atumelnant’s innovative mechanism of action, we have developed an ambitious and uncompromising endpoint for our Phase 3 trial, which can demonstrate the ability...

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Freight Technologies Announces Second Quarter 2025 Results

Profit margin % improvement | Lower net loss | Fleet Rocket sales HOUSTON, Aug. 21, 2025 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, released its results for the second quarter ended June 30, 2025, on August 18, 2025. “In the second quarter of 2025, we made further progress on the technological elements of our offerings and continued our transition to a SaaS provider in the logistics space. Fr8Tech completed initial sales of Fleet Rocket, a Transportation Management System (TMS) software solution, released several new features to Fr8App, and improved the operating margins on its brokerage business. Although higher tariffs and trade policy uncertainty impacted the brokerage business...

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Twin Disc Announces Full Year and Fourth Quarter Results

MILWAUKEE, Aug. 21, 2025 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2025 ended June 30, 2025. Fiscal Full Year 2025 HighlightsSales increased 15.5% year-over-year to $340.7 million Net loss attributable to Twin Disc was ($1.9) million EBITDA* of $19.0 million, including the impact from currency translation loss, stock based compensation, and other items Operating cash flow of $24.0 million and Free cash flow* of $8.8 million Healthy six-month backlog of $150.5 million supported by strong ongoing order activityFiscal Fourth Quarter 2025 HighlightsSales increased 14.5% year-over-year to $96.7 million Net income attributable to Twin Disc was $1.4 million EBITDA* of $7.0 million, including the impact from currency translation loss, stock based compensation,...

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Nuwellis Receives FDA 510(k) Clearance for New Dual Lumen Extended Length Catheter

MINNEAPOLIS, Aug. 21, 2025 (GLOBE NEWSWIRE) — Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on fluid management, today announced it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for a new size of its Dual Lumen Extended Length Catheter (dELC). Advancing a broader fluid management platform: This clearance supports Nuwellis’ multi-year plan to build a comprehensive fluid management platform—combining therapy delivery, dedicated venous access, and practical implementation support—so hospitals and clinics can standardize how they identify patients, begin ultrafiltration therapy earlier, and sustain programs from the ICU to step-down and hospital-based outpatient settings. The company’s strategy centers on three growth drivers: critical care, cardiac surgery recovery, and hospital-based...

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AXIL Brands, Inc. Reports Strong Fiscal Year 2025 Financial Results

LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) — AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for fiscal year ended May 31, 2025. Financial Highlights for Fiscal Year Ended May 31, 2025 All comparisons are to the full year of the prior year, unless otherwise noted.Net sales in fiscal 2025 were $26.3 million, as compared to $27.5 million in fiscal 2024 Gross profit as a percentage of sales was 71.0% for fiscal 2025, compared to 73.4% in the prior year Operating expenses were 66.6% of net sales in fiscal 2025, an improvement from 67.9% in fiscal 2024 Net income in fiscal 2025 was $0.9 million, as compared...

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BW Offshore: Q2 2025 Results and Strategy Update – Invitation to Extended Presentation 28 August

Q2 2025 Results and Strategy Update – Invitation to Extended Presentation 28 August BW Offshore will release its Q2 2025 results on Thursday 28 August at 07:30 CEST. The Company invites to an extended Q2 2025 results presentation including a strategy update, at 09:00 CEST on the same day at Hotel Continental in Oslo, Norway. The presentation will be held by CEO Marco Beenen, CFO Ståle Andreassen and CSO Anders S. Platou. Conference call information: You can follow the presentation via webcast with supporting slides and a Q&A module, available on:   BW Offshore Limited – Q2 Presentation Webcast Please note that if you follow the webcast via the above URL, you may experience a 30 second delay compared to the main conference call. The web page works best in an updated browser – Chrome is recommended. For further information, please...

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Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2025

Revenue:$327.6 million for Q2 2025 $631.7 million for H1 2025Net Income:$  69.9 million for Q2 2025 $111.7 million for H1 2025Earnings per common unit:$    2.34 for Q2 2025 $    3.72 for H1 2025Net cash from operating activities:$121.6 million for Q2 2025 $278.2 million for H1 2025EBITDA:$178.2 million for Q2 2025 $325.8 million for H1 2025Returning capital to unitholders:716,575 common units repurchased in 2025 (through August 13) for $27.8 million $0.05 per unit cash distribution for Q2 2025; $0.20 per unit annualizedSales and purchases in Q2 – Q3 2025 QTD:$133.0 million acquisition of two scrubber-fitted newbuilding aframax/LR2 tankers $  95.5 million gross sale proceeds from sale of three vessels; average age of 16.5 years One newbuilding aframax/LR2 tanker delivered$3.1 billion...

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