News Archives - Page 104 of 156

ThursdayFeb 15, 2024 2:16 pm

TechMediaBreaks – Reborn Coffee, Inc. (NASDAQ: REBN) Secures $1M in Private Placement

Reborn (NASDAQ: REBN), a California-based retailer of specialty coffee, recently announced the closing of its non-brokered $1 million private placement investment from Farooq Arjomand, its chairman. At the closing, the company issued 1,666,667 shares of its common stock for proceeds of $1,000,000 for a purchase price $0.60 per share. Reborn Coffee intends to use the proceeds for working capital and general corporate purposes. “This private equity investment by our Chairman, Farooq Arjomand, reflects his commitment to Reborn Coffee’s mission and vision for the future,” said Jay Kim, chief executive officer of Reborn. “This capital investment marks a pivotal moment for…

ThursdayFeb 15, 2024 1:49 pm

TechMediaBreaks – Datasea Inc. (NASDAQ: DTSS) Collaborates to Bring Unique Platform to New Customers

Datasea (NASDAQ: DTSS) is a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China. The company has announced that on Feb. 2, 2024, Guozhong Times (Beijing) Technology Ltd., a subsidiary of the Chinese operating company contractually controlled by Datasea, has entered into a cooperation agreement with Hangzhou Chongda Technology Co., Ltd. (“Chongda”) to increase the sales of 5G multimodal communication services in China. “We are pleased to enter into this new collaboration as it will help to identify potential customers that need our 5G multimodal communication delivery services and…

ThursdayFeb 15, 2024 11:59 am

TechMediaBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces New Rotomolded Boat Model, Inks Exclusive Florida Distribution Deal

Vision Marine Technologies (NASDAQ: VMAR), an innovator in the performance electric recreational boating industry, has unveiled its newest offering: the Phantom. The company announced the new rotomolded, recyclable and hard-to-damage boat at the Miami International Boat Show 2024. According to the announcement, the Phantom is a breakthrough in rotomolded boat design that offers significant market advantages through its economic and environmental benefits. The company anticipates producing an estimated 300 units annually at 70% less than the production costs of fiberglass alternatives, with potential scalability to 1,500 units per year. In addition, Vision Marine announced that it has entered an exclusive…

WednesdayFeb 14, 2024 3:27 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Announces Partnership with First Commercial Dealership

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, and its subsidiary Bollinger Motors have announced that Bollinger has contracted with its first authorized dealership. Bollinger is partnering with LaFontaine Automotive Group, which has two locations in Michigan: Lansing and Farmington Hills. LaFontaine will offer the Bollinger B4 Chassis Cab, which is an all-new, all-electric class 4 commercial truck designed from the ground up with extensive fleet and upfitter input; the announcement noted that deliveries of the B4 chassis cab are expected to begin in the second half of 2024. LaFontaine observed that the new collaboration increases the company’s…

WednesdayFeb 14, 2024 1:47 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Unveils Small Business Solutions to Protect Against Cyber Attacks

Sekur Private Data (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, launched its Sekur SMB Privacy and Security solutions. The offerings are privacy communications solutions designed for use against increased cyber attacks and business email compromise (“BEC”) attacks on small businesses (“SMB”), particularly during the presidential election year. According to the announcement, the company is marketing the SMB solutions online with plans to release a series of channel marketing programs in the coming weeks. The company noted that its SMB solutions are equipped with countermeasures against business email compromise cyber attacks; the company is projected its…

WednesdayFeb 14, 2024 11:27 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Opens Up Access to the Newest Advantage2(TM) Prototype

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has announced that the Advantage2 prototype, which features 1,200+ qubits and 10,000+ couplers, is now available via the company’s LeapTM real-time quantum cloud service. According to D-Wave, customers with Leap service subscriptions can access the new Advantage2 prototype today. Those new to the Leap service can sign up and get up to one minute of free use of the actual quantum processing units (“QPUs”) and quantum hybrid solvers, including the new Advantage2 prototype. “Today marks…

TuesdayFeb 13, 2024 3:41 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB and federal EPA and NHTSA certification for its Class 1 and Class 3 vehicles, as well as IRS approval as a “qualified manufacturer”; the completion of its lightweight service truck body for the All-Electric Mullen THREE; the submission of a preapplication to the U.S. Department…

TuesdayFeb 13, 2024 2:34 pm

TechMediaBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Names MarineMax Executive to Board

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, announced that Anthony E. Cassella Jr., executive vice president finance and chief accounting officer at MarineMax Inc. (NYSE: HZO) has been appointed to its board of directors; Cassella will serve as an independent director. According to the announcement, the appointment reflects VMAR’s leading role in marine technology innovation and underscores its commitment to strong corporate governance; the company noted that the veteran’s background and industry knowledge “will bring incredible value to the next chapter of Vision Marine's mission to become the leading provider…

TuesdayFeb 13, 2024 1:37 pm

TechMediaBreaks – ROTH MKM Provides D-Wave Quantum Inc. (NYSE: QBTS) Analyst Day Takeaways, Reiterates Buy Rating

ROTH MKM attended D-Wave Quantum Inc.’s (“D-Wave” or “QBTS”) annual analyst day recently held at the company’s research & development headquarters. Suji Desilva, CFA, Managing Director and Senior Research Analyst at ROTH MKM, published an update as part of the investment bank’s ongoing equity research coverage to provide investors with a summary of the visit. Excerpts of the report include the following: “We believe QBTS leads the industry with 70 commercial customers and has significant pipeline visibility with its 25+ proof-of-concepts underway.” “We were encouraged by multiple QBTS customer presentations that highlight deep and impactful adoption of quantum annealing (QA).”…

TuesdayFeb 13, 2024 1:26 pm

TechMediaBreaks – WestPark Capital Reiterates Buy Rating on D-Wave Quantum Inc. (NYSE: QBTS), Recaps Analyst Day Visit

WestPark Capital recently published its recap of the recent analyst day event hosted by D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software and services. Highlights of the visit included discussions by several customers about the benefits they are experiencing by using D-Wave’s solutions, anticipation for the launch of the company’s next-generation quantum processor, additional opportunities in government, and a growing number of use cases that have the potential to expand the size of the market opportunity for D-Wave to $100 billion by 2030. A key excerpt of the report reads,…

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