TechMediaBreaks Archive - Page 123 of 142

FridayJul 07, 2023 11:30 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Completes Strategic Integration on Path to Become Pivotal Player in Logistics

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed, industry-leading Fr8App freight-matching platform powered by AI and machine-learning, offering a real-time portal for B2B cross-border and domestic shipping within the USMCA region. The company today announced the completion of its integration with Trucker Tools, one of the most utilized carrier relationship management platforms in the United States. The integration is expected to increase the offers on loads by 75% and expand the carrier network in the U.S. by as much as twentyfold. “At Fr8App, we are proud to be a technology-driven company that is leading the charge…

ThursdayJul 06, 2023 4:13 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces $25M Stock Buyback Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its board of directors has authorized a stock buyback program. Under the program, the company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock. The shares may be repurchased, from time to time, in the open market or in privately negotiated transactions depending upon market conditions and other factors, and in accordance with regulations of the Securities and Exchange Commission (the “SEC”). “We are initiating this buyback program as an attractive opportunity to deploy capital and return value to…

ThursdayJul 06, 2023 2:03 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Adds to List of Growing Sales; Receives Two New Orders

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, continues to see added sales and is building on its 2023 revenue. The company has received an order for an ASR and an order for two K1 Call Boxes. According to the announcement, the ASR order came from one of the largest churches in the nation; the church has more than 35,000 people who attend congregations on 17 campuses. The church anticipates having Knightscope’s ASR patrol the parking lot of one its largest campus, a 105-acre site that includes an auditorium which seats…

WednesdayJul 05, 2023 3:46 pm

TechMediaBreaks – MetaWorks Platforms Inc. (CSE: MWRK) (OTCQB: MWRK) Inks Agreement to Acquire Assets of ChatGPT-Powered Metaverse Platform

MetaWorks Platforms (CSE: MWRK) (OTCQB: MWRK), an award-winning Web3 company that owns and operates platforms in the entertainment and technology space, has signed a definitive agreement to acquire the Metaverse platform and AI avatar assets of Apex VR Holdings Inc. Apex VR is the parent company of the UtopiaVR.com Metaverse Platform. According to the company, this “significant milestone” represents the company’s focus on strengthening its position in the Web3 space. The agreement notes that MetaWorks will acquire the assets of UtopiaVR, including its Web3 business metaverse platform, Chat GPT-powered AI avatar technology, and domain portfolio, including UtopiaVR.com. Included in the acquisition…

WednesdayJul 05, 2023 2:04 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Regains Compliance with NYSE Listing Rule

D-Wave (NYSE: QBTS), a leader in commercial quantum computing systems, software and services, today announced that it has regained compliance with the New York Stock Exchange, meeting its continued listing standard for minimum share price. On July 3, 2023, the NYSE provided D-Wave with a notification letter of re-compliance based on D-Wave‘s share price being at least $1.00 on June 30, 2023, as well as a calculation of the company’s average closing price for the 30 trading days ended June 30, 2023, reflecting an average closing price above the NYSE’s $1.00 minimum requirement. D-Wave will continue trading on the NYSE,…

MondayJul 03, 2023 12:33 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Adds Greater Flexibility, Accelerated Technology Development Capability to NVIDIA Omniverse Platform

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, recently integrated its Vista-X120 Plus lidar into DRIVE Sim, an end-to-end simulation application built on the NVIDIA Omniverse platform. “The NVIDIA Omniverse platform enables real-time simulation and 3D visualization for metaverse applications by providing a shared virtual environment where users can collaborate to engineer real-world scenarios… Cepton was one of the first companies to demonstrate a 360°-coverage, dual-range lidar simulation that detected long-range obstacles and eliminated near-range blind spots. The addition of the Vista-X120 Plus into the Omniverse builds upon previous integrations to give AV developers access…

FridayJun 30, 2023 10:13 am

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Payment in Full of $6M Convertible Notes

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has paid in full $6 million in convertible notes. The company announced that the notes, which were fully repaid through conversions to Class A common stock, had been issued when KSCP acquired CASE Emergency Systems in October 2022. According to the announcement, associated warrants to purchase more than 1.1 million shares of class A common stock with an initial exercise price of $3.25 per share remains outstanding. Those warrants are exercisable any time and expire five years from the date the notes were…

ThursdayJun 29, 2023 10:24 am

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Featured on the Stock Day Podcast, to Deploy Technologies on Largest US Army Base

Knightscope (NASDAQ: KSCP) is an advanced public safety technology company that builds fully autonomous security robots and blue light emergency communications systems that help protect the places people live, work, study and visit. The company was featured on a recent episode of the Stock Day Podcast, where CEO William Santana Li joined host Kevin Davis to discuss the company’s background, current projects, key technologies, strong revenue and continued growth. “We have combined artificial intelligence, the practical application of it in the real world, robotics, electric vehicle technology, and autonomy,” said Li. “Those technologies are all very difficult to execute and…

WednesdayJun 28, 2023 12:41 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Release of Innovative Emergency-Management System Software

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has released its exclusive Knightscope Emergency Management System (“KEMS”) platform. According to the announcement, the new software release represents the company’s ongoing commitment to reimagine public safety through the innovation of technology. The new platform supports the company’s growing nationwide system of more than 7,000 K1 blue light towers, e-phones and call boxes. The cloud-based platform is designed to interact with the wide array of telecommunication technologies, power sources, geographic locations, equipment configurations and usage patterns established in the Knightscope system. It also…

WednesdayJun 28, 2023 12:30 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Execute on U.S. Government’s Shift to Near-Term Quantum Computing

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is prepared to support the US government, as new legislation before Congress embraces all quantum technologies and pushes for near-term usage. The company announced today that recent legislation is calling for the U.S. government to develop and adopt near-term quantum computing applications with the potential to provide solutions to complex public sector optimization problems. These include electrical grid resilience, optimization of ports, global supply chain issues, emergency management and response, infrastructure, and telecommunication networks. “The country is at a unique inflection point for U.S. quantum policy,” said Dr.…

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