TechMediaBreaks Archive - TechMediaWire

FridayMar 24, 2023 2:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Board-Approved Action to Regain Compliance with NASDAQ Market Requirements

Freight Technologies (NASDAQ: FRGT), a technology company offering its custom-developed Fr8App, has announced a reverse share split. The move is designed to increase the market price per share of the company’s ordinary share, thereby resulting in Freight Technologies regaining compliance with NASDAQ’s minimum bid price requirement and maintaining its NASDAQ Capital Market listing. FRGT board of directors approved the 10:1 reverse split on March 3, 2023; the split will be effective on or around March 24, 2023. According to the announcement, the company’s ordinary shares will continue to trade on NASDAQ under the symbol FRGT but will trade under a new…

ThursdayMar 23, 2023 1:29 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Receives Order from Florida University, Notes Media Day Spotlighting OCCC’s New Robot

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has received an order for three of its K1 Blue Light Emergency Phones from a southern Florida university. The order was placed through Transportation Solutions & Lighting, a Florida-based reseller of Knightscope technologies that previously ordered 40 K1 Blue Light Towers in order to supply growing demand for emergency communications solutions. A compact version of the familiar blue-light towers often found in parking lots and campuses across the United States, KSCP’s K1 Blue Light Emergency Phone offering is a perfect way to provide added…

ThursdayMar 23, 2023 11:58 am

TechMediaBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Issues Shareholder Update

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today provided an update on current activities. Among the highlights, the company reported acceleration of the demonstration of Hillcrest’s 250-kilowatt (“kW”), 800-volt (“V”) silicon carbide (“SiC”) traction inverter prototype, a joint development project with a global tier 1 automotive supplier, a memorandum of understanding with Hercules Electric Mobility Inc., and the company’s close work with other automotive OEMs and tier 1 suppliers on the delivery of key demonstration milestones in the coming months. “We are making meaningful progress…

WednesdayMar 22, 2023 11:00 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Eyes Continued Growth in Cross-Border and Domestic FTL Offerings

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), an over-the-road shipping technology innovator, is dedicated to keeping freight moving around the country and between the United States’ primary land-based trading partners in an efficiently designed and successful manner. The company does this using its flagship AI-powered Fr8App B2B marketplace as a powerful tool. “Fr8Tech recently announced its market guidance data, projecting revenues of between $36 million and $42 million for 2023, which will be an increase over 2022’s preliminary revenue figures of approximately $26 million to $27 million. The company’s projections for revenue growth are underscored by the comments President Biden made during…

TuesdayMar 21, 2023 1:35 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds to Growing Orders, Marks 75th Stop in Robot Roadshow Schedule

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has received three new orders from its K1 emergency communication suite of products. According to the company, a New Hampshire university purchased a Knightscope K1 Retrofit Kit to test the product with plans to order additional kits upon successful completion of the testing. The other two orders came from the Borough of Carteret Police Department in New Jersey, which purchased two K1 Blue Light Towers for use in a community local park, and the Port Authority NY NJ, which added an additional six K1…

TuesdayMar 21, 2023 1:01 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Announces CEO’s Panel Participation in Upcoming EV/Auto Tech Virtual Conference

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, will be represented at the upcoming at the Maxim Group Electric Vehicle & Auto Tech Virtual Conference. The company announced that its CEO, Dr. Jun Pei, will be part of a panel discussion during the online event, which is slated for March 30, 2023. Pei will be part of a panel that will take a close look at ADAS/AV sensor technologies; the panel is scheduled to begin at 11:30 a.m. ET on March 30. To view the panel discussion, visit https://ibn.fm/Q5xrm To view the full press release,…

TuesdayMar 21, 2023 10:05 am

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Releases Preliminary Quarter, FY Financial Report

CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel and an industry leader as a managed cybersecurity and compliance provider, is reporting preliminary estimated financial information for the quarter and fiscal year period ending Dec. 31, 2022. A brief summary of the release shows that the company is reporting $14.7 million total revenue for the quarter, a 150% ($8.8 million) increase over the same quarter the year before, and $46.5 million in total revenue for the fiscal year, an increase of 207% ($31.4 million) over fiscal year 2021. In addition, the company reported a $9.4 million operating loss for the quarter…

MondayMar 20, 2023 3:16 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Enters Licensing Agreement with Qiantu Motors to Manufacture, Distribute EV Supercar

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is partnering with Qiantu Motors to launch the DragonFLY K50 in the Americas. As part of an exclusive licensing agreement, Qiantu Motors and affiliated companies granted MULN the North and South American IP and distribution rights allowing assembly and distribution. The announcement noted that Mullen will finalize vehicle engineering in compliance with U.S. regulations with final assembly planned for its Indiana-based manufacturing facility. The EV supercar will be sold under the Mullen GT & GTRS brands with performance specs anticipated to include going from 0 to 60 miles per hour…

FridayMar 17, 2023 12:57 pm

TechMediaBreaks – Hillcrest Energy Technologies Ltd.’s (CSE: HEAT) (OTCQB: HLRTF) ZVS Architecture Stands Distinct in Rapidly Expanding Markets

Hillcrest (CSE: HEAT) (OTCQB: HLRTF)‘s Zero Voltage Switching (“ZVS”) inverter technology achieves improved performance of electric systems, with applications at nearly every stage of the electrification ecosystem including clean energy industry segments such as wind, solar, energy storage, and electric vehicle (“EV”) fast chargers. “Traditional inverters presented mechanical and design challenges, however Hillcrest’s ZVS technology overcomes those issues with a proprietary approach to soft switching that achieves increased efficiency, performance and reliability… Hillcrest’s ZVS technology additionally enables smart, grid-forming capabilities of a more distributed, bidirectional system containing a variety of intermittent sources. This is especially critical to the next generation…

FridayMar 17, 2023 12:46 pm

TechMediaBreaks – SideChannel Inc. (SDCH) Positioning as Go-to Solution for SMB Cybersecurity

SideChannel (OTCQB: SDCH), a company on a mission to make cybersecurity easily accessible and affordable, is constantly developing ways to better protect its clients. “It does so through its ever-evolving technologies and its move to educate the masses and sensitize its clients on the evolving cybersecurity landscape, emerging threats and how to address them. With a team of virtual chief information security officers (‘vCISOs’) offering combined 400-plus years of experience in cybersecurity, SideChannel is able to address current global demands with solutions to increasing challenges,” a recent article reads. “SideChannel, through the collective expertise of its vCISOs, is out to…

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