WednesdayMay 22, 2024 10:54 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN), Bollinger Partner with EnviroCharge to Create Innovative Mobile Charging Solution

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, and Bollinger Motors, a majority-owned company of Mullen, is partnering with EnviroCharge, a provider of convenient and flexible charging solutions, to create an innovative mobile charging solution for electric vehicle fleet owners; the solution enables EV owners to charge their vehicles quickly and easily anytime, anywhere. According to the announcement, Mullen and Bollinger have sold 50 vehicles to EnviroCharge, which will install its mobile, clean-propane-powered charging system on the Bollinger B4 chassis cab, an all-electric Class 4 commercial truck. The agreement between the companies has an estimated deal value of $8,250,000 for…

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TuesdayMay 21, 2024 10:48 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Reuters 2024 Supply Chain USA Conference

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, will present at this month’s Reuters Supply Chain USA 2024 conference, which is slated for May 22–23, 2024, in Atlanta. During the conference, D-Wave VP of quantum technology evangelism Murray Thom will speak about quantum computing’s role in addressing optimization challenges facing the supply chain and how this emerging technology can help organizations maintain adaptability in the face of persistent disruption. “Quantum computing holds the key to solving some of the most intricate optimization challenges faced by supply chain executives,” said D-Wave chief revenue officer Lorenzo…

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MondayMay 20, 2024 2:26 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) CEO Talks Five-Year Record Performance, Looks to Continued Success in 2024 during Hawk Media Interview

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, was spotlighted during a recent Hawk Media interview. During the interview, SuperCom CEO and president Ordan Trabelsi discussed the company, including talking about how the company has achieved a 5-year-best 2023 performance. During the interview, Trabelsi observed that as the leader of the company, which has been around for 37 years, he has worked to show SuperCom’s potential as a world-class asset portfolio that can reshape the identification, monitoring and public-safety landscape while serving a growing list of government and private sector…

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MondayMay 20, 2024 11:50 am

TechMediaBreaks – NextPlat Corp’s (NASDAQ: NXPL) GTC Begins Sales of SpaceX’s Starlink as Authorized Reseller

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that its subsidiary, Global Telesat Communications Ltd (“GTC”), through a new joint venture agreement with Pivotel Solutions Inc. (dba “Pulsar”) is now a global authorized reseller of SpaceX’s Starlink satellite-based connectivity products. Under the agreement as as an approved reseller, GTC will immediately begin offering Starlink connectivity services in the U.K. and other international markets serving mobile and maritime-based customers. Pulsar will provide GTC back-end systems support services on behalf of its new Starlink customers. “We are pleased to collaborate with Pulsar to begin offering SpaceX’s revolutionary Starlink, LEO-satellite based…

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ThursdayMay 16, 2024 3:22 pm

TechMediaBreaks – Zacks Raises EPS Estimates after DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Reports Strongest Quarter Ever, Sets $3.00 Per Share Valuation

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, recently announced its financial performance for the three months ended March 31, 2024. Quarter-over-quarter highlights included its cash balance rising from C$6.7 million to C$9.4 million and assets under management growing by 78.7% to C$908 million. Total operating revenues significantly improved for Q1 2024 to C$13.4 million compared to C$(3.6) million for the same period a year earlier. Additionally, operating net income totaled C$5.3 million for the…

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ThursdayMay 16, 2024 2:15 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Additional $1.8 Million Contract with Long-Standing Government Customer

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced it had secured a new, additional contract with a long-standing government customer. According to the announcement, the contract, valued at $1.8 million, continues a successful partnership that has been in place for over a decade. The contract is expected to start by end of May 2024 and to be fulfilled within 5 months. “We are pleased to continue our partnership with a government customer who has trusted our solutions for over a decade. This contract not only signifies their satisfaction with…

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ThursdayMay 16, 2024 1:46 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Achieves Record Profit, 400% YoY EBITDA Growth for Q1 2024

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, IoT and cybersecurity sectors, has announced results for the three months ended March 31, 2024. Among the highlights, the company reported an 8% increase in revenue to $6.9 million from $6.4 million and 139% increase in gross profit to $3.8 million from $1.6 million compared to the first quarter of 2023. “We are pleased to report a strong start to 2024, marked by significant financial and operational achievements. This quarter, we’ve continued to see revenue growth YoY and a dramatic improvement in our profitability metrics leading to an…

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ThursdayMay 16, 2024 1:35 pm

TechMediaBreaks – HealthLynked Corp. (HLYK) Releases Q1 2024 Financial Results

HealthLynked (OTCQB: HLYK), a trailblazer in healthcare technology, today announced its financial results for the first quarter ended March 31, 2024. During the quarter, the company’s revenue reached $1.0 million, an 8% increase compared to the fourth quarter of 2023, underscoring HealthLynked’s resilience and adaptability in managing transitions while maintaining operational efficiency. The announcement noted HealthLynked’s continued strategic focus on cost control, which saw the company reduce operating expenses in the Health Services Division by 33%, SG&A expenses by 9%, and overall operating expenses by 22% in Q1 2024 compared to Q1 2023. The company reported a net loss from…

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WednesdayMay 15, 2024 2:30 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Q1 2024 Results, Renews Agreement with the University of Southern California to Advance Annealing Quantum Computing Research and Adoption

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, has announced financial results for its first fiscal quarter ended March 31, 2024. Q1 revenues were up more than 50% year over year and Q1 gross profit surged 294% year over year. “We believe D-Wave’s first quarter revenue and bookings reflect growing customer demand for quantum and hybrid quantum solutions that can drive measurable impact today,” said Dr. Alan Baratz, CEO of D-Wave. “Coupled with the significant technical milestones we’ve achieved with the Advantage2™ prototype, we believe our progress leading the commercialization of quantum is…

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WednesdayMay 15, 2024 1:36 pm

TechMediaBreaks – NextPlat Corp (NASDAQ: NXPL) Announces Record Consolidated Q1 2024 Revenues, Improved Quarterly Margins

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced record financial results for the first fiscal quarter ended March 31, 2024, which includes the consolidation of the operations of its e-commerce business with the results of its healthcare operations, Progressive Care Inc. (OTCQB: RXMD). “First quarter results continued to demonstrate the fundamental strength of NextPlat’s focus on the large healthcare services and global e-commerce technology markets and further demonstrates our team execution against its global growth plans,” said Charles M. Fernandez, executive chairman and CEO of NextPlat Corp. “Throughout the remainder of 2024, we are committed to maximizing and…

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