News Archives - Page 108 of 128

MondayJul 31, 2023 1:23 pm

TechNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Achieves 5-Year-Record Revenue, More than Doubles Revenue Growth across Multiple Metrics

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced its financial and operating results for the 2nd quarter and 1st half of 2023. In year-over-year comparisons, Q2 2023 revenue increased by 141% to $7.7 million, gross profit increased by 77% to $2.3 million, positive EBITDA improved to $0.9 million compared to -($0.7) million and non-GAAP EPS improved to $0.07 compared to -($0.50). Additionally, the trailing-twelve-month period ended June 30 and first half of the year both showed revenue more than doubling and over $2m improvement in EBITDA. In the press…

MondayJul 31, 2023 12:58 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Buy’ Rating Maintained, WestPark Capital Increases Price Target

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services was spotlighted in a recent WestPark Capital Technology research report. On July 21st, WestPark Capital, a full-service investment banking and securities brokerage firm, adjusted its D-Wave FY23 revenue/EPS estimates to $12.0 million, maintained FY24 revenue/EPS estimates of $27 million, re-iterated its buy rating on QBTS, and increased their 12-month price target by 100% from $3 to $6. WestPark Capital’s Kevin Garrigan stated “We believe D-Wave's quantum annealing system provides benefits and cost savings to commercial customers,” the report analysis stated. “Being the only company that has built…

FridayJul 28, 2023 2:59 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces ASR Deployment to Vancouver Hotel, Next Stop in Robot Roadshow

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has deployed another K5 ASR; the robot was sent to a hotel in Vancouver, Washington. The new deployment is the latest in a growing number of deployments as Knightscope continues its momentum in providing safety and security in a wide array of spaces. The impact that KSCP ASRs have on hotel security is becoming increasingly recognized. “Modern security systems, like the one deployed by Knightscope here, are conspicuous, engaging and enjoyable for guests, while providing a natural deterrence to poor decisions that may lead…

ThursdayJul 27, 2023 12:27 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Quantum Computing Webinar, New Research Collaborations

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, will participate in Deloitte’s upcoming quantum computing webinar series. The episode, slated for Aug. 3, 2023, is titled “Quantum Annealing Unleashed: Optimize Your Business Operations” and will feature a discussion by Murray Thom, D-Wave vice president of quantum business innovation; Scott Buchholz, global quantum lead at Deloitte Consulting LLP; and Sal Certo, quantum optimization lead at Deloitte. The 60-minute webinar will begin at noon ET. The hour-long event will include a discussion on annealing quantum computing’s near-term value…

ThursdayJul 27, 2023 12:05 pm

TechMediaBreaks – VenHub, DoBot Robotics to Potentially Transform the Future of Retail and Robotics

VenHub, the innovator behind the groundbreaking Smart Stores and a subsidiary of Autonomous Solutions Inc., and DoBot Robotics, a global leader in robotics, have made a pivotal step towards a potentially game-changing partnership. The companies have entered into a letter of intent, setting the stage for exploratory discussions that could alter the face of the retail and robotics landscape. The joint exploration showcases the commitment and foresight of both organizations in their pursuit of innovation that pushes the boundaries and transcends the traditional shopping experience. A possible collaboration would blend innovative retail solutions and advanced robotics, hinting at a future…

WednesdayJul 26, 2023 2:46 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Regained Compliance with Nasdaq Listing Standards

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced that it has regained full compliance with Nasdaq’s listing standards. On May 11, 2023, Knightscope received notification that its Class A common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days. Nasdaq has since determined that for the last 10 consecutive business days, from July 11 to July 24, 2023, the closing bid price of the company’s Class A common stock has been at $1.00 per share or greater. The announcement reads, “Accordingly, the…

WednesdayJul 26, 2023 2:30 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT), Fr8App Platform Looks to Expand Capabilities, Gain Expertise by Joining AMACARGA

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, and Fr8App, its industry-leading freight-matching platform, have joined the Mexican Association of Cargo Agents (“AMACARGA”). According to the announcement, the move will help further expand Fr8App’s capabilities to include maritime services in addition to its legacy freight offerings and will assist the company in its commitment to gain exceptional expertise and adherence to industry standards. FRGT is adapting its revolutionary Fr8App platform to integrate with marine shipping operations, especially clients importing from Asia, by offering…

WednesdayJul 26, 2023 11:50 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Bollinger Motors’ Receipt of $3M Grant from State of Michigan

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that Bollinger Motors received final approval from the state of Michigan for a $3 million grant aimed at promoting job creation in the state. In a unanimous decision, the Michigan Strategic Fund Board approved the incentive through the Michigan Business Development Program. “Bollinger Motors is poised for growth and we’re proud to be focused on expanding our company’s operations as we approach start-of-production,” said Robert Bollinger, founder and CEO of Bollinger Motors. “I appreciate Michigan’s faith in our plan and our product as we seek to electrify America’s…

TuesdayJul 25, 2023 11:12 am

TechMediaBreaks – Data443 Risk Mitigation Inc. (ATDS) Announces Financial Transactions to Secure Growth Capital, Retire Debt

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” has completed a series of transactions resulting in $1.5 million in growth capital for the company; the funds also allow the company to retire some outstanding debt obligations. According to the announcement, the transactions comprised of a direct investment of $1.5 million, exchanging of an outstanding note for a new note with new terms and the release of specific security interests on portions of the company’s assets. The company noted that these transactions align with its goal to reduce debt and improve debt terms,…

TuesdayJul 25, 2023 10:56 am

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) CEO Featured in C-Level Interview with BestGrowthStocks.Com

FingerMotion’s (NASDAQ: FNGR) CEO Martin J. Shen was featured in an interview with Best Growth Stocks, a leading independent equity research and corporate access firm focused on small and mid-cap growth companies. During the interview, Best Growth Stocks Senior Editor Steve Macalbry and Shen discuss an overview of the company, building shareholder value, eliminating convertible debt, recent company news, strategy details, and much more. “In our Big Data division, we have grown our partnerships with both Pacific Life Re and Munich Re, although we acknowledge that the progress is not at the speed that we would like. Operationally, we must…

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