Month: September 2025

New York, New York, Sept. 30, 2025 (GLOBE NEWSWIRE) — Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche financing supporting Francisco Partners’ acquisition of Elite. Elite is a leading provider of mission-critical enterprise resource planning (“ERP”) software and integrated payment solutions for law firms globally. OHA is the largest holder of the newly raised debt facility. This transaction follows OHA’s role as the sole lender for TPG’s carve-out of the company from Thomson Reuters in 2023. OHA’s familiarity with the company, combined with its decades of experience investing in ERP software companies, enabled a decisive and scaled financing solution. “Since our initial investment in Elite, the business has demonstrated a strong track record of performance and remarkable...

Pediatric participants demonstrated large gains in cone-mediated vision; therapy remains well tolerated with no ocular serious adverse events or dose-limiting toxicities Lasting, durable responses observed out to 18 months in adult participants Expected FDA Meeting in Q4 2025 Management to Host Webcast and Conference Call Today at 8:30 A.M. ETRESEARCH TRIANGLE PARK, N.C., Sept. 30, 2025 (GLOBE NEWSWIRE) — Opus Genetics, Inc. (Nasdaq: IRD), a clinical-stage biopharmaceutical company developing gene therapies for the treatment of inherited retinal diseases (IRDs) and small molecule therapies for other ophthalmic disorders, today announced positive three-month data from the pediatric cohort of its ongoing Phase 1/2 clinical trial (OPGx-LCA5-1001) evaluating OPGx-LCA5, an investigational gene augmentation therapy for Leber congenital...

The Gogo Plane Simple Ka-band tail mount antenna system has received European Union Aviation Safety Agency (EASA) supplemental type certification (STC) approvals for Dassault Falcon 7X and 8X aircraftGogo Plane Simple Ka-band terminal certified for Dassault Falcon 7X and 8X aircraft.The high-performance solution allows multiple passengers using multiple devices to access video streaming, conferencing, email, voice calling, and multiple digital applications simultaneously.Broomfield, CO., Sept. 30, 2025 (GLOBE NEWSWIRE) — Gogo (NASDAQ: GOGO) announced today that the Gogo Plane Simple Ka-band tail mount antenna system has received European Union Aviation Safety Agency (EASA) supplemental type certification (STC) approvals for Dassault Falcon 7X and 8X aircraft. Gogo worked with Dassault Falcon Jet in Le Bourget, France,...

Platform Empowers Customers to Bring AI From Prototype to Production in Minutes, Not Months IRVINE, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today unveiled EdgeFabric.ai™, a no-code development platform purpose-built exclusively for Lantronix Open-Q™ System-on-Module (SOM) solutions. With EdgeFabric.ai, businesses can design and deploy Edge AI applications in minutes, rather than months, without needing a team of AI experts. Targeted at high-growth markets such as smart surveillance, drones, transportation, traffic control, Industrial IoT, commercial infrastructure and defense/public safety, EdgeFabric.ai makes AI accessible to customers across widespread industries. Making Edge AI Simple Deploying...

NEUMÜNSTER, Germany, Sept. 30, 2025 (GLOBE NEWSWIRE) — Tilray Medical a division of Tilray Brands, Inc. (NASDAQ: TLRY and TSX: TLRY) and a global leader in medicinal cannabis, empowering the therapeutic alliance between patients and healthcare practitioners to make informed individualized health decisions, transforming healthcare today announced the expansion of its Tilray Craft portfolio in Germany with five new cannabis flower products produced in Germany at Tilray’s EU‑GMP certified facility in Neumünster as part of the BfArM in‑country cultivation program. The additions reflect Tilray’s ongoing commitment to providing physicians and pharmacies with a diverse range of quality, EU‑GMP certified medical cannabis options for eligible patients. Rajnish Ohri, Managing Director International at Tilray Brands, commented, “The expansion...

Tampa, Florida, Sept. 30, 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 announced its selection by the U.S. Army to provide Flex FPV drone systems. Under the initial order, Draganfly will deliver Flex FPV drones designed for high-performance operations as well as help establish on-site manufacturing of the Flex FPV (First Person View) within overseas U.S. Forces facilities to accelerate deployment and reduce supply-chain timelines. The Company will also provide both flight and manufacturing training to enable Army personnel to sustain operations, and will manage logistics to ensure a secure, NDAA-compliant supply chain practice. This marks a significant milestone in evolving critical drone capabilities...

BEDFORD, Mass., Sept. 30, 2025 (GLOBE NEWSWIRE) — Ocular Therapeutix, Inc. (Nasdaq: OCUL) (“Ocular”, the “Company”), an integrated biopharmaceutical company committed to redefining the retina experience, today announced the pricing of an underwritten offering of 37,909,018 shares of its common stock at an offering price of $12.53 per share for gross proceeds of approximately $475.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. All of the shares in the offering are to be sold by the Company. The offering is expected to close on or about October 1, 2025, subject to the satisfaction of customary closing conditions. BofA Securities, TD Cowen and Piper Sandler & Co. are acting as joint book-running managers for the offering. Baird and Raymond James are acting...

Carlsbad, CA, Sept. 30, 2025 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (“Qualigen” or “the Company”) today announced the successful closing of a $41 million private investment in public equity (PIPE) financing led by Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“FF”), along with its Founder and Global Co-CEO YT Jia, President Jerry Wang, SIGN Foundation – a blockchain technology company backed by Binance Labs, Sequoia Capital (US, India, China), IDG, and Circle, and other leading investors. FF has invested $30 million in QLGN common and preferred stock, representing approximately 55% of pro forma beneficial ownership. YT Jia, has personally invested approximately $4 million and signed up a two-year voluntary lockup, representing approximately 7% ownership. The Company plans to use majority of the...

Gilat Defense continues to supply WGS-certified DKET solution to strengthen mission-critical connectivity for U.S. defense operations PETAH TIKVA, Israel, Sept. 30, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat DataPath has received orders of more than $7 million to provide additional Transportable SATCOM Terminals to the U.S. Army through a prime contractor. The orders include multiple units of the DKET 3421 transportable terminal along with associated support services, with deliveries scheduled for completion before the end of 2025. Gilat DataPath’s WGS-certified DKET 3421 is a combat-proven, rugged terminal designed to meet the most demanding mission requirements. Featuring multi-carrier...