News Archives - Page 155 of 209

FridayMar 01, 2024 1:40 pm

TechMediaBreaks – Sidus Space Inc. (NASDAQ: SIDU) Announces $7.9M Public Offering

Sidus Space (NASDAQ: SIDU), a multifaceted space and data-as-a-service company, has announced the pricing of an underwritten public offering of 1,321,000 shares of its Class A common stock, which is expected to close on Mar. 5, 2024. The announcement noted that each share of Class A common stock is being sold at a public offering price of $6.00 per share for gross proceeds of approximately $7.9 million before deducting underwriting discounts and offering expenses. The company intends to use the net proceeds from the offering for working capital and general corporate purposes. ThinkEquity is acting as sole book-running manager for…

FridayMar 01, 2024 12:56 pm

TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Appoints Raffi Sossoyan as New Chief Financial Officer

Vision Marine Technologies Inc. (NASDAQ: VMAR), a trailblazer in electric recreational boating, today announced Raffi Sossoyan as its new chief financial officer (“CFO”). Sossoyan brings a wealth of experience, with over 25 years in global financial and operational leadership. In his recent role as VP, corporate treasury at Velan Inc. (TSX: VLN), a Canadian multinational company, he managed financial operations amidst global sales exceeding US$370 million. According to the announcement, Sossoyan’s tenure as CFO at Valtech Fabrication Inc., where he drove worldwide sales beyond US$50 million, further highlights his capacity to spearhead financial growth and success. “This strategic appointment marks…

ThursdayFeb 29, 2024 2:05 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Begins Road Testing on Solid-State Polymer Battery Pack

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has moved to the next phase in testing an integrated solid-state polymer battery pack in its Class 1 EV cargo vans. According to the announcement, vehicle road testing began this week on the battery pack. The company began initial lab testing of the latest phase of solid-state polymer battery packs in January by installing the battery pack in the Class 1 EV cargo van to monitor system compatibility between the vehicle and pack; performance testing also included on-road drive cycles and Dyno testing at an EPA-certified lab. The company initially…

ThursdayFeb 29, 2024 1:54 pm

TechMediaBreaks – Premier Products Group Inc. (OTC: PMPG) Interim CEO Releases Letter to Shareholders

Premier Products Group (OTC: PMPG) has issued a letter to shareholders from interim CEO Terry L Stein. In the letter, Stein noted that the company has been trading on the “expert market” because of prior management’s failure to ensure that required filings were kept up to date, meaning that access to securities are only available to broker-dealers, professionals and sophisticated investors. Consequently, Stein filed a default against the management group and took over voting control of the company in an effort to protect shareholders and become compliant with the U.S. Securities Commission (“SEC”). The process has been time consuming, but Stein…

ThursdayFeb 29, 2024 1:17 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Welcomes Second Native American Tribal Customer

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe(TM)”), a provider of next-generation transdermal alcohol detection solutions, today announced that the Oglala Lakota Nation is adopting the SOBRcheck(TM) technology for use in its community-wide probation management program. The Oglala Lakota Nation is a self-governing nation within the U.S., and its Pine River Reservation in South Dakota is the eighth-largest Native American reservation in the country. “Our law enforcement function is resource-constrained, so we are always seeking ways to innovate and gain operational efficiencies,” said Warren Cross, lab director, Oglala Sioux Tribe Clinical Lab. “SOBRcheck is faster and cleaner than the legacy breathalyzer method, both…

WednesdayFeb 28, 2024 2:56 pm

TechMediaBreaks – Acri Capital Acquisition Corporation (NASDAQ: ACACU), Foxx Development Inc. Enter Business Combination Agreement

Acri Capital (NASDAQ: ACAC, ACACU, ACACW), a Delaware incorporated special purpose acquisition company listed on the Nasdaq Global Market, and Foxx Development Inc., a Texas-based consumer electronics and integrated Internet-of-Things (“IoT”) solution company, have announced their entry into a definitive business combination agreement. Under the agreement, a newly established subsidiary of Acri will become a publicly listed company combining Acri and Foxx (the “combined company”) upon the closing of the transaction, with expected listing of its common stock on the Nasdaq. “Acri’s inception revolved around the goal of identifying and partnering with companies led by visionary, mission-oriented leadership teams who…

WednesdayFeb 28, 2024 2:17 pm

TechMediaBreaks — D-Wave Quantum Inc. (NYSE: QBTS) Announces New Starter Course for Quantum Computing Programmers

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has unveiled a six-module quantum training course designed for beginner quantum programmers. Called “Foundations for Quantum Programming,” the self-paced, online course teaches essential mathematics and Python skills and prepares individuals to continue on to successfully take D-Wave’s flagship course, “Quantum Programming Core.” The course includes video presentations, quizzes and hands-on programming activities that will assist students in learning to identify optimization problem objectives and variables, represent problem objectives as mathematical expressions, convert constraints to penalty functions…

WednesdayFeb 28, 2024 12:15 pm

TechMediaBreaks — Diamond Lake Minerals Inc. (DLMI) Spotlighted in Latest NNA Broadcast Focused on Avrio Investment

Diamond Lake Minerals (OTC: DLMI), a multistrategy operating company offering traditional investors an entry point to the future of digital securities, is featured in a recent NetworkNewsAudio (“NNA”) broadcast. According to the announcement, the broadcast covers news of Diamond Lake Minerals’ strategic investment in Avrio Worldwide, PBC, which is the parent of several companies that provide licensed digital financial market infrastructure and services across public, private and digital markets. DLMI’s investment in Avrio offers key opportunities and synergies across the DLMI network of companies for the tokenization of real-world-assets (“RWA”) on Avrio’s registered dFMI, noted an Avrio official. NNA is focused…

TuesdayFeb 27, 2024 12:50 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) Featured as ‘Beacon of Innovation’ in Corporate Investment Times

Diamond Lake Minerals (OTC: DLMI), a multi-strategy operating company that specializes in the development and support of digital assets and SEC-registered security tokens, was featured in the most recent edition of the Corporate Investment Times. The article, titled “Pioneering the Future of Digital Assets and Security Tokens,” discusses a profound transformation in the financial world driven by the emergence of tokenization. In this new realm, “visionaries such as Larry Fink of BlackRock and Jonathan Larsen of Ping A Global Voyager Fund foresee a future where digital assets traded on innovative protocols revolutionize transactions… where settlements occur instantaneously, and fees plummet,…

TuesdayFeb 27, 2024 12:15 pm

TechMediaBreaks – Freight Technologies Inc.’s (NASDAQ: FRGT) Fr8App to Help Manage Transportation Needs for Envases Universales

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company whose custom-developed, industry leading Fr8App freight-matching platform offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announced a significant collaboration with Envases Universales, one of the largest packaging companies worldwide. According to the announcement, Fr8App was awarded key routes through Envases’ annual 2024 RFQ, underscoring its commitment to delivering exceptional transportation services and its capability to meet the evolving needs of its clients. “We are thrilled to have been chosen by Envases Universales to help manage their transportation needs over the coming year,” said Fr8App’s CEO…

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