TechMediaBreaks Archive - Page 115 of 141

TuesdayAug 08, 2023 1:09 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Reverse Split, Stock BuyBack Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a 1 for 9 reverse split. According to the announcement, the company plans to repurchase up to $25 million in shares through a stock buyback program after the filing of its 10-Q and upon expiration of its blackout period. In making the announcement, the company noted NASDAQ Listing Rule 5810(c)(3)(H), which states that “if a Company fails to meet the [Minimum Bid Price requirement], compliance is generally achieved by meeting the requirement for a minimum of ten consecutive business days. However, Staff may, in its discretion, require a Company…

TuesdayAug 08, 2023 11:26 am

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Launches Argo Edge Cloud Security Platform

CISO Global Inc. (NASDAQ: CISO), has unveiled Argo Edge, a powerful tool stack the company has been developing and testing for the past two years. According to the announcement, Argo Edge combines the most sought-after security technologies available with CISO's proprietary IP and threat feeds to provide a prebuilt, easy-to-implement solution created for use by both government and privately held entities. The new AI-powered security solution, which has been independently valued at $49 million, enhances cybersecurity effectiveness through coordination, integration and automation. The company stated that Argo Edge layers together preconfigured, preintegrated technologies that include cloud firewall as a service…

TuesdayAug 08, 2023 9:33 am

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Releases Q2 2023 Financial Report, Corporate Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has released its financial and corporate report for the second quarter, the period ended June 30, 2023. Financial highlights of the report include a 9% increase in total revenue with revenue coming in at $2.8 million; gross margins of 16%, a company record; and product revenue reaching $2.8 million, a 92% increase. Second quarter 2023 GAAP net loss was $14.2 million, with non-GAAP net loss reaching $11.8 million and adjusted EBITDA totaling $(12.6) million. Business highlights for the quarter included record shipments of lidar units in both the…

MondayAug 07, 2023 2:58 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Showcase National Defense Solutions at Space and Missile Defense Symposium

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is collaborating with Davidson Technologies Inc. to create innovative new solutions to complex problems in the defense and aerospace sectors. Davidson Technologies is a technology services company that provides innovative engineering, technical and management solutions for the Department of Defense, aerospace and commercial customers. The two companies are participating in this week’s Space and Missile Defense Symposium. According to the announcement, D-Wave and Davidson Technologies have built two new applications. The interceptor assignment app is designed to mitigate potential attacks by evaluating a multitude of complex…

MondayAug 07, 2023 2:35 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) to Host 2Q Conference Call and Webcast

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has announced plans to hold its Second Quarter Town Hall Update to share current events and 2023 financial highlights following the filing of its 10-Q update with the U.S. Securities and Exchange Commission. The company’s CEO and Chairman William Santana Li will deliver a pre-recorded video update at the top of the meeting to cover Q2 2023 performance metrics followed by a live question-and-answer session with supporters, investors and analysts in an intimate online forum with no moderator. The announcement reads, “The conference…

MondayAug 07, 2023 2:15 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Helping to Efficiently Move Commerce with Fr8App Solution

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a supply chain innovator, recently welcomed an extensive new pool of truck drivers working within the United States-Mexico-Canada Agreement (“USMCA”) trade area, expanding the reach of its platform and increasing the ability of commercial freight transportation networks to manage shipping loads of all sizes. “Fr8Tech recently announced completion of its collaboration with automated booking solutions platform Trucker Tools, integrating Trucker Tools’ extensive network of over 315,000 carriers across the United States with Fr8Tech’s load-matching solution Fr8App,” a recent article reads. “Fr8App streamlines the process of connecting shippers with carriers within the USMCA (formerly ‘NAFTA’), both…

MondayAug 07, 2023 2:12 pm

TechMediaBreaks – EarthGrid, Icelandic Government Sign ‘Milestone’ MOU to Revolutionize Construction Industry

EarthGrid, a leading innovator in tunneling technology, has entered a memorandum of understanding (“MOU”) with the government of Iceland, signed by Iceland's minister of environment, energy and climate. The company stated that the MOU is a “significant milestone” in its mission to transform tunneling and infrastructure development. According to the announcement, the MOU marks a partnership between the two entities that “aims to revolutionize the construction industry and pave the way for groundbreaking infrastructure projects.” The MOU outlines the collaboration, which calls for EarthGrid to utilize its cutting-edge, torch-drilling technology in a range of projects throughout the country; these projects…

MondayAug 07, 2023 11:03 am

TechMediaBreaks — AtomBeam Technologies Inc. Announces Webinar with Top Management

AtomBeam Technologies, a pioneering data-compaction software company, has scheduled a fireside chat webinar hosted by CEO Charles Yeomans and chief scientist officer Joshua Cooper. During the event, the AtomBeam leaders will discuss the company’s groundbreaking innovations. The fireside chat is slated for Aug. 18, 2023, at 11 a.m. PST. A professor of mathematics at the University of South Carolina, Cooper has built an impressive resume in data science and machine learning. He has published more than 40 papers covering everything from discrete mathematics to computer science. “We are thrilled to bring together the expertise of our CEO, Charles Yeomans, and our…

FridayAug 04, 2023 1:36 pm

TechMediaBreaks – Electronic Servitor Publication Network Inc.’s (XESP) Digital Engagement Engine(TM) Represents the Future of Marketing

Electronic Servitor Publication Network (OTCQB: XESP), a market disruptor for B2B companies using cutting-edge data analysis and smart technology, in April announced its Channel Partner Program as part of its overall business strategy. “It includes providing the company’s managed service, branded as ‘Growth as a Service,’ through its Channel Partners to their customers. The benefit of the program to Channel Partners is the increased capability of driving value for their customers while de-risking the investment in new technologies and staff. The managed service allows immediate scale into any vertical, including regulated markets,” reads a recent article. “The company’s Digital Engagement…

FridayAug 04, 2023 1:16 pm

TechMediaBreaks – VenHub’s Vision in Reshaping Retail Underscored by Overwhelming Support

VenHub, the innovator behind the groundbreaking Smart Stores and a subsidiary of Autonomous Solutions Inc., has successfully closed its funding round. Investor confidence underscores overwhelming support in the company’s vision and the significant strides it is making in reshaping the retail industry. “This is an extraordinary day for VenHub and its parent company, Autonomous Solutions Inc. This incredible journey has just begun. We’re resolute in our ambition to pioneer the world’s smartest stores,” said Shahan Ohanessian, CEO of VenHub. “The global acceptance of our advanced AI and Smart Store technology is inspiring and fuels our desire to bring this phenomenal…

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