NewsRoom Articles - Page 45 of 48

TuesdayApr 04, 2023 10:30 am

Cepton, Inc. (NASDAQ: CPTN) Announces 2022 Financial Results With 65% YoY Growth in Revenues

Cepton, Inc. recently published its 4Q22 and FY22 financial results The company revealed that it had generated FY22 revenues of $7.4 million, up by 65% relative to FY21 results. Furthermore, Cepton guided for FY23 revenues of $15-20 million Cepton is at the forefront of lidar technology development, a position they’ve further consolidated with the recent launch of their award-winning Vista® X-120 Plus sensors Cepton (NASDAQ: CPTN), a Silicon Valley innovator and pioneer within high-performance MMT® lidar solutions, recently announced their financial results for the fourth quarter and full year ending December 31, 2022 (https://ibn.fm/6wp95). The company reported full year 2022…

TuesdayApr 04, 2023 9:00 am

SideChannel Inc. (SDCH) Helping Improve Businesses’ Cybersecurity Attack Readiness Through Affordable and Robust Cybersecurity Support

It is estimated that as a result of the COVID-19 pandemic, cybercrime, including theft, data hacking, and destruction, grew by 600%, forcing nearly every industry to embrace new cybersecurity solutions Cybercrime is projected to cost companies worldwide an estimated $10.5 trillion annually by 2025, up from $3 trillion in 2015. However, the hefty upfront cost associated with protecting businesses from these attacks is leaving most SMBs vulnerable SideChannel acknowledges this issue, and through its team of vCISOs and vCPOs, it is lowering the barrier of entry to access fundamental cybersecurity services, ultimately providing a robust yet affordable solution By doing…

ThursdayMar 30, 2023 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces New Hybrid Solver Plug-In for Ocean(TM) SDK

D-Wave's hybrid solver plug-in enables developers to more easily incorporate quantum into feature selection and machine learning workflows D-Wave's quantum applications cover problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection, and financial modeling According to International Data Corporation (“IDC”), 78% of organizations believe that AI-driven projects significantly, or very significantly, impact business outcomes(1) D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, recently announced a new hybrid solver plug-in for feature selection as a part of its focus on helping companies…

WednesdayMar 29, 2023 10:30 am

Market Analysis Endorsement Boosts Prospects of OTR Shipping Optimizer Freight Technologies Inc. (NASDAQ: FRGT)

The multi-billion dollar commerce in B2B international exports within the USMCA (formerly NAFTA) North American trading compact as well as likewise valuable domestic shipments represents a massive market Freight Technologies, also known as Fr8Tech, is innovating tech solutions for shipping efficiency within the USMCA territory The company’s flagship offering under its suite of technology-based solutions is branded Freight App, Inc. (or Fr8App) — a cloud-based freight matching platform that connects producers and carriers and helps them track shipments in real time Investment and research firm Chardan Capital Research recently issued a buy rating for Fr8Tech that highlights the company’s value…

MondayMar 27, 2023 11:15 am

CISO Global Inc. (NASDAQ: CISO) Committed to Building Client Trust, Attains ‘Highest Standard’ with SOC 2 Certification

CISO achieves SOC 2 Type II certification following annual audit President says company is committed to building relationships of trust with clients Achieving certification symbolizes commitment to safeguarding customers’ data As an industry leader in global cybersecurity and compliance services, CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel Corp., recently reached a significant milestone (https://ibn.fm/BNFYO). The company announced that it has achieved SOC 2(R) Type II certification following its annual SOC 2 Type II audit. “We believe that the relationship with our clients must be built on trust,” said Ashley Devoto, president and chief information security officer of Cerberus Sentinel. “As…

MondayMar 27, 2023 9:45 am

SideChannel Inc. (SDCH) Bridging Serious Expertise Gaps by Providing Proven and Affordable Cybersecurity Support

SideChannel is focused on providing top-tier security guidance services at manageable cost through its team of expert vCISOs and vCPOs The company’s experts provide clients with risk assessments that ensure cybersecurity compliance and guide them in the development of effective cybersecurity programs Most corporate board members and top managers do not have cyber-related expertise, yet they are required to oversee and address their company’s cyber risks To bridge the information gap, boards and management need the guidance of security experts such as CISOs Through its team of vCISOs, SideChannel is providing affordable cybersecurity-oriented services that meet the critical needs of…

MondayMar 27, 2023 9:00 am

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Provides Details on Its ZVS Inverter Technology’s Efficiency Gains; Predicts Cost Savings of up to $700 per Vehicle

Hillcrest Energy recently debuted the commercial prototype of its ZVS inverter technology The company revealed that its traction inverter can lead to powertrain efficiency gains of up to 13%; in practice, a gain of 1% could help drive a reduction in battery size by 2% In a recent investor briefing, Hillcrest forecasted that its inverter could help automotive OEM’s reduce material costs by close to $700 per electric vehicle Cost savings have increasingly become a focus of EV OEM’s, with vehicles selling for less than $55,000 eligible for a series of Government grants and rebates under the recently passed Inflation…

WednesdayMar 22, 2023 10:30 am

Freight Technologies Inc. (NASDAQ: FRGT) Announces Update for Fr8TMS, Focusing on Cross-Border Shipping and Freight Movement Within USMCA Region

Fr8Tech aims to revolutionize the commercial trucking industry by introducing logistics and transportation technology catered to moving freight within the USMCA region more efficiently and cost-effectively The update includes several new features and improvements, including real-time tracking and monitoring of shipments, which will allow shippers to see exactly where their freight is at all times and receive notifications for delays Fr8Tech projects that during 2023, it will hit revenues between $36 million and $42 million, compared to preliminary 2022 revenue of approximately $26 million to $27 million Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company developing solutions to optimize and…

TuesdayMar 21, 2023 10:30 am

SideChannel Inc. (SDCH) Helps SMB Clients Identify Hidden Cybersecurity Threats Through vCISO Guidance, Enclave Microsegmentation SaaS

Cybersecurity services and technology provider SideChannel Inc. is a provider of expert “virtual” chief information security officer (“vCISO”) guidance to SMBs that can’t sustain a full-time CISO as part of their staff budget The need for CISO guidance is apparent in the trillions of dollars lost worldwide to cyber attacks on a yearly basis and the ever-evolving nature of cyber attack threats SideChannel also provides a microsegmentation software-as-a-service (“SaaS”), branded Enclave, that is available to clients via subscription or as a managed service offering, to help strengthen company computer systems against invasive attacks SideChannel is celebrating its ability to retain…

MondayMar 20, 2023 10:30 am

D-Wave Quantum Inc. (NYSE: QBTS) Combines Power of Quantum Computing with Cloud, Machine Learning, to Fuel Business Efficiencies, Innovation

Boston Consulting Group estimates the near-term total addressable market (“TAM”) for quantum hardware, software and service providers, to be $400 million to $1 billion within the next three to five years Annealing technology represents near-term quantum tech that is solving enterprise optimization problems today for key industries D-Wave’s quantum computing systems and services are exploring and addressing computationally complex problems, including supply chain optimization, fraud detection, and employee scheduling New trends in technology are creating high demand for solutions that can solve increasingly computationally complex problems. That, coupled with accelerated adoption of artificial intelligence and machine learning, are some of…

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