TechMediaBreaks Archive - Page 70 of 139

WednesdayApr 10, 2024 2:24 pm

TechMediaBreaks – Why Life Electric Vehicles Holdings Inc. (LFEV) Is ‘One to Watch’

Life Electric Vehicles Holdings (OTC: LFEV) (d/b/a Life EV Group), together with its subsidiaries, is a developer, manufacturer and distributor in the light electric vehicle industry. Focusing on the launch, acquisition and consolidation of multiple brands of e-bikes, e-trikes, e-scooters and light EVs, the company aims to position itself as an industry leader for the American micro-mobility market “In addition to offering ready-to-ride electric vehicles, Life EV Group intends to distribute individual components, including motors, batteries, chargers, controllers and EV parts, to third-party manufacturers in both the U.S. and worldwide,” a recent article reads. “The company’s first acquisition was completed…

TuesdayApr 09, 2024 3:43 pm

TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Moves Closer to Industrialization of E-Motion(TM) Product

Vision Marine Technologies Inc. (NASDAQ: VMAR), a leader in electric marine propulsion, today announced a groundbreaking achievement in electric outboard propulsion, in collaboration with McLaren Engineering, a division of Linamar Corporation. Aligning with the fast-evolving electric market and the upcoming SAE J1228 outboard compliance standard, Vision Marine has revolutionized the measurement of rated power output with its E-Motion(TM) 180E Electric Powertrain Systems. Vision Marine and McLaren Engineering have developed a sophisticated test cell, designed to meticulously control various critical parameters and provide a comprehensive and precise assessment of the powertrain system under conditions that mimic real-world usage. “We are excited…

TuesdayApr 09, 2024 2:52 pm

TechMediaBreaks – SUIC Worldwide Holdings Ltd. (SUIC) Now Offers Beneway USA’s Revolutionary B2B2C System

SUIC Worldwide Holdings Ltd. (OTC: SUIC), a publicly traded technology company, is offering Beneway USA proprietary business-to-business-to-consumer (“B2B2C”) systems, which provides strategic planning functions and combines business financing solutions with inventory management system features; the system is designed to complement and boost sales as well as marketing channels of partner merchants, franchisees and suppliers around the world. According to the announcement, Beneway USA provides services for the global supply chain financing market, which is valued at an estimated $20 trillion. Beneway’s system works seamlessly with SUIC's proprietary B2C platform, resulting in a superior system that incorporates an “All-in-One” payment…

MondayApr 08, 2024 3:32 pm

TechMediaBreaks – DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Subsidiary to Introduce 15 New ETP Products in 2024; 30 in 2025

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, today announced a significant stride in its mission to enhance global accessibility to regulated digital assets as it grows globally. Valour Inc., a leading issuer of exchange traded products ("ETPs") that provide simplified access to digital assets, aims to expand its assets under management ("AUM") by launching 15 new ETP products this year, in addition to the 17 already listed in Europe. Next year, the subsidiary plans…

MondayApr 08, 2024 3:24 pm

TechMediaBreaks – Upstream Announces Upstream Accelerate, New Program That Empowers Athletes to Raise Sponsorship

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, has introduced an exciting new program designed to empower athletes to raise sponsorship through the sale of collectibles. The program — Upstream Accelerate — provides a way for athletes to use their email and social media channels to encourage and allow fans to sponsor them, while Upstream handles the collectible media as well as setup and creation fees. The Upstream launched the program during its “Upstream Up Close” series on Twitter Spaces, which features 10–15 minute discussions on the world of digital collectibles, Web3…

MondayApr 08, 2024 3:07 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Streamlines Operations to Focus on Commercial Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the company has initiated significant cost reduction and consolidation measures, aligning budget to current conditions. Actions are expected to drive an estimated $170 million reduction in Mullen’s operating and investing cash flow expenses over the next 12 months when compared to operating and investing cash flows for the 12 months ended Sept. 30, 2023. The company is making these changes to refine business operations and better align focus on the commercial EV segment that has opportunity to drive near term revenue for Mullen, including projected April sales…

MondayApr 08, 2024 1:17 pm

TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Approved as US Government Vendor, Proprietary TRACER 1000 Listed on GSA

Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its wholly owned subsidiary, 1st Detect Corporation, have announced that its TRACER 1000(TM) is now listed in the U.S. General Services Administration (“GSA”) IT Schedule 70, making the company an approved U.S. government vendor. The device can be found under Contract No. GS-35F-250GA with SRI Group LLC, Special Item Number 334290. According to the announcement, IT Schedule 70 is a long-term contract issued to commercial technology vendors that allows sales to the U.S. government, one of the largest buyers of goods and services in the world. A high-performance laboratory instrument of ruggedized mass…

FridayApr 05, 2024 1:25 pm

TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Schedules Financial Results Call to Discuss Q4, Year-End 2023 Financial Report

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, has scheduled a conference call for April 9, 2024, at 8:30 a.m. ET. During the call, company officials will provide an overview and discussion regarding the company’s fourth-quarter and year-end 2023 financial report, which will be released after market close on April 8. Those interested in accessing the call can dial 888-506-0062 (in North America) or 1-973-528-0011 (internationally), then use access code 733080. Individuals can also access the call on the internet. A replay of the call will be available until…

FridayApr 05, 2024 12:55 pm

TechMediaBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Shareholders Approve Proposed Merger at Special Meeting

Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company which has developed new-generation, power-control electronics that expand the capabilities of electric motors and batteries, has announced that all necessary shareholders and stockholders approved the proposed merger with SEA Electric Inc. According to the announcement, the company held a special meeting of shareholders on April 4, 2024. During the meeting, shareholders and stockholders approved an ordinary resolution for the company to issue up to 398,549,647 common shares to stockholders of SEA Electric as outlined in an amended agreement. The agreement is between Exro, its indirect wholly owned subsidiary eTruck VCU…

ThursdayApr 04, 2024 3:13 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Delivers Significant Growth to Top Line Revenue

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, is celebrating its 11th anniversary of its founding in 2013 with a total of 18 contracts for new business along with five renewal agreements valued at over $1 million. “Building on the success of its first Innovation Week and the recently announced 2023 Financial Performance Highlights, Knightscope delivers significant growth to its top line revenue with these latest contracts. Fast-growing markets such as transportation, healthcare, education and local government represent the majority of these contracts and account for many more future opportunities to expand…

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