FridayMar 24, 2023 2:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Board-Approved Action to Regain Compliance with NASDAQ Market Requirements

Freight Technologies (NASDAQ: FRGT), a technology company offering its custom-developed Fr8App, has announced a reverse share split. The move is designed to increase the market price per share of the company’s ordinary share, thereby resulting in Freight Technologies regaining compliance with NASDAQ’s minimum bid price requirement and maintaining its NASDAQ Capital Market listing. FRGT board of directors approved the 10:1 reverse split on March 3, 2023; the split will be effective on or around March 24, 2023. According to the announcement, the company’s ordinary shares will continue to trade on NASDAQ under the symbol FRGT but will trade under a new…

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ThursdayMar 23, 2023 1:29 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Receives Order from Florida University, Notes Media Day Spotlighting OCCC’s New Robot

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has received an order for three of its K1 Blue Light Emergency Phones from a southern Florida university. The order was placed through Transportation Solutions & Lighting, a Florida-based reseller of Knightscope technologies that previously ordered 40 K1 Blue Light Towers in order to supply growing demand for emergency communications solutions. A compact version of the familiar blue-light towers often found in parking lots and campuses across the United States, KSCP’s K1 Blue Light Emergency Phone offering is a perfect way to provide added…

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ThursdayMar 23, 2023 11:58 am

TechMediaBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Issues Shareholder Update

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today provided an update on current activities. Among the highlights, the company reported acceleration of the demonstration of Hillcrest’s 250-kilowatt (“kW”), 800-volt (“V”) silicon carbide (“SiC”) traction inverter prototype, a joint development project with a global tier 1 automotive supplier, a memorandum of understanding with Hercules Electric Mobility Inc., and the company’s close work with other automotive OEMs and tier 1 suppliers on the delivery of key demonstration milestones in the coming months. “We are making meaningful progress…

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TuesdayMar 21, 2023 1:35 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds to Growing Orders, Marks 75th Stop in Robot Roadshow Schedule

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has received three new orders from its K1 emergency communication suite of products. According to the company, a New Hampshire university purchased a Knightscope K1 Retrofit Kit to test the product with plans to order additional kits upon successful completion of the testing. The other two orders came from the Borough of Carteret Police Department in New Jersey, which purchased two K1 Blue Light Towers for use in a community local park, and the Port Authority NY NJ, which added an additional six K1…

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TuesdayMar 21, 2023 1:01 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Announces CEO’s Panel Participation in Upcoming EV/Auto Tech Virtual Conference

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, will be represented at the upcoming at the Maxim Group Electric Vehicle & Auto Tech Virtual Conference. The company announced that its CEO, Dr. Jun Pei, will be part of a panel discussion during the online event, which is slated for March 30, 2023. Pei will be part of a panel that will take a close look at ADAS/AV sensor technologies; the panel is scheduled to begin at 11:30 a.m. ET on March 30. To view the panel discussion, visit https://ibn.fm/Q5xrm   To view the full press release,…

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TuesdayMar 21, 2023 10:05 am

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Releases Preliminary Quarter, FY Financial Report

CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel and an industry leader as a managed cybersecurity and compliance provider, is reporting preliminary estimated financial information for the quarter and fiscal year period ending Dec. 31, 2022. A brief summary of the release shows that the company is reporting $14.7 million total revenue for the quarter, a 150% ($8.8 million) increase over the same quarter the year before, and $46.5 million in total revenue for the fiscal year, an increase of 207% ($31.4 million) over fiscal year 2021. In addition, the company reported a $9.4 million operating loss for the quarter…

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MondayMar 20, 2023 3:16 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Enters Licensing Agreement with Qiantu Motors to Manufacture, Distribute EV Supercar

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Qiantu Motors to launch the DragonFLY K50 in the Americas. As part of an exclusive licensing agreement, Qiantu Motors and affiliated companies granted MULN the North and South American IP and distribution rights allowing assembly and distribution. The announcement noted that Mullen will finalize vehicle engineering in compliance with U.S. regulations with final assembly planned for its Indiana-based manufacturing facility. The EV supercar will be sold under the Mullen GT & GTRS brands with performance specs anticipated to include going from 0 to 60 miles per hour…

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FridayMar 17, 2023 11:30 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Marks Entry into Mexico LTL Market with Launch of Fr8Now

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today announced the launch of its new brand Fr8Now, a digital freight-matching platform that offers less-than-truckload (“LTL”) services in Mexico. With Fr8Now, Freight Technologies is marking its entry into the highly fragmented and rapidly growing LTL market in Mexico, which has few established players. “Our team has worked tirelessly to bring Fr8Now operational,” said Javier Selgas, CEO of Fr8Tech. “With…

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ThursdayMar 16, 2023 1:36 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Positioning to Deliver Class 1 and 3 Vehicles, Enter Next Phase of Crossover Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today released a statement from its CEO to address recent investor inquires. Among the highlights, Mullen anticipates making Class 1 EV deliveries to various commercial customers before the end of March 2023 and believes the company’s cash on hand and expected firm cash commitments will provide enough capital to execute on its business plan over the next 12 months. “I believe we have all the pieces in place between our product, factories and strategic expertise to execute on our plans to deliver our Class 1 and Class 3 vehicles this…

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ThursdayMar 16, 2023 1:11 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Secures Bulk Order from Florida-Based Reseller

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced that Transportation Solutions & Lighting (“TS&L”), a Florida-based reseller of Knightscope technologies, submitted a purchase order for another 10 new K1 Blue Light Towers. This brings TS&L’s total order for the month of March to 40 emergency communication devices. “Campuses are transitioning away from traditional emergency call boxes to more cost-effective systems using cellular and satellite communications powered by solar energy,” said John Discepolo, director of sales - safety and security at TS&L. “We are able to affordably install Knightscope’s portfolio of…

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