News Archives - Page 103 of 114

TuesdayMay 23, 2023 2:11 pm

TechMediaBreaks – RYVYL Inc. (NASDAQ: RVYL) Releases Q1 2023 Financial Report, Corporate Update

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, is reporting on its first-quarter 2023 financial results. According to the report, the company’s revenues came in at a record $11.3 million, a 169% increase over the same period in 2022. Other highlights of the report included processing volume for the quarter reached an estimated $565 million, a 381% increase from the prior year same period and FX and international payments business, including Transact Europe totaled $344 million in business volume for the quarter. The company also…

MondayMay 22, 2023 2:15 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Welcomes Government Officials, Announces Quantum Training Program with QAI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently hosted two government officials at its Burnaby offices to highlight the company’s innovation in quantum computing. British Columbia premier David Eby and Jobs, Economic Development, and Innovation Minister Brenda Bailey were welcomed at the site, and the company also announced a new quantum-focused workforce training program during the pair’s visit. The training program, executed in collaboration with B.C.-based Quantum Algorithms Institute (“QAI”), will expedite the development of a quantum-ready workforce. The visit was also designed to help others gain a deeper understanding of how quantum technology can…

MondayMay 22, 2023 12:39 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Overcoming Primary Barriers to Commercialization of Lidar for ADAS

Cepton (NASDAQ: CPTN) is commercializing lidar systems for autonomous vehicles and advanced driver-assistance systems (“ADAS”) as well as developing solutions for a range of other industries. “Commercialization of lidar for ADAS faces two primary obstacles: perception capabilities and sensor embeddability into modern vehicle designs. Lidar pioneer Cepton’s Ultra-Slim Vista(R) Plus lidar overcomes both barriers while setting new industry standards. Billed by CPTN as the ‘world’s smallest’ adaptive long-range lidar, the Vista-X90 Plus is 62% slimmer than its predecessor – the Vista(R)-X90 – with a 58% footprint reduction. Besides offering an extremely streamlined solution for windshield integration, the Vista-X90 Plus can…

FridayMay 19, 2023 3:07 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In addition, the company noted that research published in “Nature” shows the computational advantage of its quantum computer, proving quantum dynamics speedup over classical on a set of complex problems. The company has also signed several…

FridayMay 19, 2023 12:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Fr8App Recognized for Use of Advanced Markers from Google Maps Platform

Freight Technologies (NASDAQ: FRGT), a leading technology company developing innovative solutions powered by AI and machine learning to optimize and automate the supply chain process, has been spotlighted as an example of early adoption of leading-edge technology. The company, which provides its Fr8App platform for B2B cross-border shipping, Fr8now for LTL shipping services and Fr8Fleet for dedicated capacity to enterprise companies in the USMCA region, was specifically cited for its implementation of advanced markers from Google Maps Platform on it exclusive Fr8App platform to improve the user experience. The recognition came following Google's annual developer conference in a Google Maps Platform blog…

ThursdayMay 18, 2023 10:41 am

TechMediaBreaks – RYVYL Inc. (NASDAQ: RVYL) Plans to Report on Q1 2023 Earnings Next Week

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has announced that it will release its first-quarter financial results on Monday, May 22, 2023. The company will also host an earnings webinar on that same day, beginning at 4:30 p.m. During the webinar, key executives will discuss the earnings results and answer questions. Those interested in accessing that event may dial 1-855-327-6837 in the United States or 1-631-891-4304 internationally. A recording of the call will also be available. Those interested in listening to that can dial 1-844-512-2921 within…

WednesdayMay 17, 2023 12:45 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Signs New Contract with Texas Semiconductor Company

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has received a new contract for three K5 ASRs from a semiconductor company in Texas. The new contract is the latest in a series of contracts Knightscope has announced as the company works to provide key services to protect vital industries. According to the announcement, the semiconductor market reportedly totaled $600 billion in sales in 2021 and is projected to reach $1 trillion within this decade. “Semiconductors are the heart of contemporary electronics, enabling technologies that are essential to U.S. economic growth, national…

WednesdayMay 17, 2023 11:47 am

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Reports on $4M Registered Direct Offering

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has entered into definitive agreements with key investors. According to the announcement, the agreements are for the purchase and sale of 20 million shares of the company’s common stock, sold at a purchase price of $0.20 per share in a registered direct offering. The company anticipates the offering, will total approximately $4 million, will close on or about May 19, 2023, and will be subject to customary closing conditions. CISO expects to use funds from the offering for general corporate purposes, including potentially working capital,…

WednesdayMay 17, 2023 11:24 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN), NRTC Commence Class 3 Assembly Line Installation and Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that vehicle production will begin in July 2023 at Mullen’s Manufacturing Center in Tunica, Mississippi. According to the announcement, Mullen’s manufacturing group is collaborating with NRTC Automation (“NRTC”) out of Birmingham, Alabama, for Class 3 assembly line installation and integration, including all robotics and automation systems for vehicle production. NRTC will support Mullen’s Class 3 operation through launch and provide ongoing support of the production as Mullen ramps up to meet the full market demand from its commercial customers. “It’s gratifying to see our Class 3 vehicle production…

TuesdayMay 16, 2023 2:38 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Provides Transcript and Video of Yesterday’s Q1 Town Hall Update

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today released the transcript and video of its First Quarter Town Hall Update that occurred at 1 p.m. PT on May 15, 2023. In the update, the company’s CEO William Santana Li reviewed financial highlights from Knightscope’s recently filed quarterly report on Form 10-Q for the first quarter 2023, as well as shared current events that may be of interest to stockholders and potential investors. “First, I am pleased to report that for the 1st quarter of 2023, we recorded approximately $2.9M in revenue…

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