TechMediaBreaks Archive - Page 114 of 176

FridayMar 01, 2024 3:27 pm

TechMediaBreaks – Astrotech Corporation’s (NASDAQ: ASTC) Breakthrough TRACER 1000(TM) Designed to Outperform Currently Used IMS Detectors

Astrotech (NASDAQ: ASTC) is a mass spectrometry company that, through its wholly owned subsidiary 1st Detect, has developed and rolled out the breakthrough TRACER 1000(TM) Explosive Trace Detector (“ETD”). “The world’s first mass spectrometry-based ETD certified by the European Civil Aviation Conference (‘ECAC’), the TRACER 1000(TM) is designed to outperform the ETDs currently used at aviation checkpoints as well as borders, cargo facilities and other secured points around the world. It is powered by the Astrotech Mass Spectrometer (‘AMS’) Technology that is inexpensive, smaller and easier to use when compared to traditional mass spectrometers. The AMS Technology works under ultra-high…

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 2:39 pm

TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Positioning as Forward-Thinking Leader in Electric Boat Industry

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator in the performance electric recreational boating industry, was spotlighted in a recent InvestorPlace article titled “Three Electric Boat Stocks That Will Sail Higher by 2024.” “The article calls Vision Marine a key player in the electric boat stocks market, noting that despite some challenges, the company’s recent ‘strategic moves suggest a promising future...’ The article noted VMAR’s partnership with 4ocean, along with its expansion into the pontoon market, which shows ‘strategic diversification’ a move that InvestorPlace says ‘could be a game changer for Vision Marine, showcasing its adaptability and innovation…

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 – Turbo Energy S.A. (NASDAQ: TURB) Capitalizing on Growing Transition to Renewables

Turbo Energy (NASDAQ: TURB), a designer, developer and manufacturer of photovoltaic energy generation, management and storage equipment, has sought to take advantage of the dramatic increase in renewable energy demand, which has been driven by the decline in renewable energy costs and the exponential rise in fossil fuel prices. “Turbo Energy has looked to capitalize on the growing transition toward renewable energy and sustainable residential energy supplies through its revolutionary ‘SunBox Home’ energy storage solution. The company’s ‘SunBox Home’ system encompasses an all-in-one AI-powered energy storage solution, designed to assist households in managing their power consumption. Directly linked to a…

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…

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