TuesdayMay 14, 2024 2:36 pm

TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Releases Q3 202 Financial Report

Astrotech (NASDAQ: ASTC), an innovative science and technology company, is reporting its financial results for the third quarter of fiscal year 2024, for the period ended March 31, 2024. Highlights of the report include the company’s strong consolidated balance sheet showing $34.7 million in cash and liquid investments; revenue for the year-to-date coming in at $1.6 million; year-to-date gross margin increased to 45% from 37% through the third quarter of fiscal year 2024; the company’s subsidiary, 1st Detect, accepting orders for the TRACER 1000 Narcotics Trace Detector (“NTD”); the TRACER 1000 being listed in the U.S. General Services Administration (“GSA”) IT…

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MondayMay 13, 2024 1:03 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Enters Engineering Services Contract with Koito

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions for automotive and smart infrastructure applications, has entered a contract with Koito Manufacturing to jump-start the execution of a new original equipment manufacturing (“OEM”) program, which the two companies have secured. The two companies have worked together as tier 1 partners, and Koito is a shareholder of Cepton. The engineering services agreement calls for Koito to provide Cepton with a total of $10 million in engineering services for the quarter ended June 30, 2024. The announcement noted that the agreement will support Cepton’s customer-specific product-development and program execution efforts…

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FridayMay 10, 2024 2:30 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Reports Full Year 2023 Financial Results

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company offering its 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 and domestic shipping within the USMCA region, on Thursday reported its financial results for the full year 2023, which ended on Dec. 31, 2023. Among other highlights, the company stated Fr8Fleet attained an annual revenue of $17.1 million with 48% year-over-year growth. “As we’ve discussed before, 2023 was a challenging year for many across the freight industry as participants struggled to find a balance between supply and demand after the COVID-19 pandemic…

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FridayMay 10, 2024 2:10 pm

TechMediaBreaks – Nutriband Inc. (NASDAQ: NTRB) Featured in Upcoming RedChip Small, Big Money(TM) Show

Nutriband (NASDAQ: NTRB), a pharmaceutical company with a special focus on transdermal technologies, is featured in an upcoming interview on the RedChip Small Stocks, Big Money(TM) show. During the program, which is scheduled to air on Bloomberg TV this Saturday, May 11, at 7 p.m. ET, Gareth Sheridan, Founder and CEO of Nutriband, will provide a corporate update. To access the interview, visit https://ibn.fm/Nhihy To view the full press release, visit https://ibn.fm/ew6kA About Nutriband Inc. Nutriband is primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Its lead product under development is an abuse deterrent fentanyl patch…

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ThursdayMay 09, 2024 1:30 pm

TechMediaBreaks – Onvego Announces Launch of Its AI-Powered Smart Receptionist

Conversational voice AI disruptor Onvego is set to revolutionize the business telephony sector with its Smart Receptionist, an AI innovation that maximizes the value of every phone call. An affordable AI-based call handling and appointment management solution, Onvego experts designed Smart Receptionist with small and medium-sized businesses in mind. The AI-powered solution, developed in collaboration with Onvego’s design partner, Phone.com, goes several steps further than traditional automated attendants and has the capabilities to route calls, block spam, schedule and reschedule appointments, and respond to many frequently asked questions. “When opportunity calls, the Smart Receptionist will always answer,” said Gonen Ziv,…

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ThursdayMay 09, 2024 11:56 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Mississippi-Based Facility Receives FTZ Status from U.S. Department of Commerce

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has been approved for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce for Mississippi-based commercial vehicle manufacturing and assembly center. According to the announcement, a Foreign Trade Zone is an area within the United States where foreign and domestic merchandise is generally considered to be in international commerce and outside of U.S. customs territory for duty and tariff purposes. The approval means that Mullen qualifies for a variety of benefits, including deferment of payments on duties related to import fees; the company can now match import duty payment…

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ThursdayMay 09, 2024 10:39 am

TechMediaBreaks – CSP Inc. (NASDAQ: CSPI) Announces Operational Results for Fiscal Q2 2024, Quarterly Dividend

CSP (NASDAQ: CSPI), an award-winning provider of cybersecurity AI-driven solutions (“AZT”), security and packet capture products, managed IT and professional / cloud services and technology solutions, has announced results for the fiscal second quarter ended March 31, 2024. The company also announced that its board of directors declared a quarterly dividend of $0.03 per share payable June 12, 2024, to shareholders of record on the close of business on May 24, 2024. “Our business continued to operate at a high level during the quarter, and across the board we are building a pipeline that is in line with, or well…

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WednesdayMay 08, 2024 3:32 pm

TechMediaBreaks – Phone.com Launches Breakthrough Conversational-Voice Artificial Intelligence Service

Phone.com has unveiled its newest offering: AI-Connect. The new service is a conversational-voice artificial intelligence (“AI”) service that brings together natural language processing (“NLP”), natural language understanding (“NLU”) and large language models (“LLM”) to enable exceptional intent recognition and the ability to create a goal-oriented, fluid dialogue. The new service elevates call handling and appointment-setting for a wide array of sectors, including service-oriented businesses, independent contractors, retail, restaurants and hospitality, real estate and solopreneurs. AI-Connect can handle inbound leads, manage schedules and appointments, and even answer questions in natural conversations with callers. “AI-Connect is much more than just a service or…

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WednesdayMay 08, 2024 2:50 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Needham Technology, Media and Consumer Conference

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, will be participating in this month’s 19th Annual Needham Technology, Media and Consumer Conference. The three-day conference is scheduled for May 14–16, 2024. D-Wave CEO Dr. Alan Baratz is slated to participate in a fireside chat that begins at 1:30 p.m. ET on May 16. During the discussion, Dr. Baratz will provide an overview of the company’s latest advancements and its strategic direction, as well as the measurable outcomes that quantum computing is delivering for businesses today. An archived version of the webcast will be made available on…

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WednesdayMay 08, 2024 2:05 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Schedules Release of Q1 2024 Financial Results, Conference Call

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, IoT and cybersecurity sectors, will hold a conference call at 10 a.m. Eastern Time on Wednesday, May 15, 2024, to discuss its financial results for the first quarter ended March 31, 2024. According to the announcement, financial results will be issued in a press release prior to the call. Interested parties should visit https://ibn.fm/ZsII0 to register for the event and dial 888-506-0062 (U.S. toll-free), 1-809-423-853 (Israel toll-free) or 973-528-0011 (international) and state SuperCom as the access code to join the call. Attendees are asked to join via the…

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