TechMediaBreaks Archive - Page 81 of 139

TuesdayFeb 13, 2024 3:41 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Financial Report, Company Update on ‘Strongest Quarter to Date’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting financial results for the three months ended Dec. 31, 2023; the company is also reporting a business update. Highlights of the report included the company regaining compliance with the NASDAQ minimum-bid price requirement in January; the achievement of several key milestones, including CARB and federal EPA and NHTSA certification for its Class 1 and Class 3 vehicles, as well as IRS approval as a “qualified manufacturer”; the completion of its lightweight service truck body for the All-Electric Mullen THREE; the submission of a preapplication to the U.S. Department…

TuesdayFeb 13, 2024 2:34 pm

TechMediaBreaks — Vision Marine Technologies Inc. (NASDAQ: VMAR) Names MarineMax Executive to Board

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, announced that Anthony E. Cassella Jr., executive vice president finance and chief accounting officer at MarineMax Inc. (NYSE: HZO) has been appointed to its board of directors; Cassella will serve as an independent director. According to the announcement, the appointment reflects VMAR’s leading role in marine technology innovation and underscores its commitment to strong corporate governance; the company noted that the veteran’s background and industry knowledge “will bring incredible value to the next chapter of Vision Marine's mission to become the leading provider…

TuesdayFeb 13, 2024 1:37 pm

TechMediaBreaks – ROTH MKM Provides D-Wave Quantum Inc. (NYSE: QBTS) Analyst Day Takeaways, Reiterates Buy Rating

ROTH MKM attended D-Wave Quantum Inc.’s (“D-Wave” or “QBTS”) annual analyst day recently held at the company’s research & development headquarters. Suji Desilva, CFA, Managing Director and Senior Research Analyst at ROTH MKM, published an update as part of the investment bank’s ongoing equity research coverage to provide investors with a summary of the visit. Excerpts of the report include the following: “We believe QBTS leads the industry with 70 commercial customers and has significant pipeline visibility with its 25+ proof-of-concepts underway.” “We were encouraged by multiple QBTS customer presentations that highlight deep and impactful adoption of quantum annealing (QA).”…

TuesdayFeb 13, 2024 1:26 pm

TechMediaBreaks – WestPark Capital Reiterates Buy Rating on D-Wave Quantum Inc. (NYSE: QBTS), Recaps Analyst Day Visit

WestPark Capital recently published its recap of the recent analyst day event hosted by D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in the development and delivery of quantum computing systems, software and services. Highlights of the visit included discussions by several customers about the benefits they are experiencing by using D-Wave’s solutions, anticipation for the launch of the company’s next-generation quantum processor, additional opportunities in government, and a growing number of use cases that have the potential to expand the size of the market opportunity for D-Wave to $100 billion by 2030. A key excerpt of the report reads,…

TuesdayFeb 13, 2024 1:06 pm

TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Releases Q2 2024 Financial Report

Astrotech (NASDAQ: ASTC), an innovative science and technology company, is releasing its financial results for Q2 2024, the period ended Dec. 31, 2023. Highlights of the report include a 512% increase in year-to-date revenue, which reached $1,540,000 compared to $301,000 in the same period in 2023; a strong consolidated balance sheet with $37 million in cash and liquid investments; and a year-to-date FY 2024 gross margin increase of 46% from 38% during the same period in 2023. In addition, the company reported that its 1st Detect subsidiary reentered detection and nondetection testing with the U.S. Transportation Security Administration (“TSA”) for cargo…

MondayFeb 12, 2024 3:14 pm

TechMediaBreaks – Turbo Energy S.A. (NASDAQ: TURB) Positioned at Industry Forefront with Focus on AI-Driven Optimization, Diverse Product Offerings

Turbo Energy (NASDAQ: TURB), a Spain-based energy storage innovator, maintained a streak of success in 2023 despite challenges in the self-consumption photovoltaic sector. “June witnessed the launch of its SunBox Industry product line, a strategic move targeting the commercial and industrial self-consumption market. In September, Turbo Energy successfully raised $5 million with its American Depositary Shares debiting on the Nasdaq Capital Market. October marked a milestone with the company securing a patent in Spain for its innovative residential photovoltaic software. November brought about a strategic partnership with Leroy Merlin and the introduction of Turbo Energy’s GoSolar offering through a collaboration…

MondayFeb 12, 2024 2:37 pm

TechMediaBreaks – Sekur Private Data Ltd.’s (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) Services Suite Making Private, Secure and Affordable Communication Possible

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) provides secure and private communication services that allow governments, organizations and individuals to communicate sensitive information and data without compromising safety and integrity. “The average cost of a data breach globally in 2023 was $4.45 million, a 15% increase over three years. With the high cost of data breaches worldwide, Sekur’s privacy communications suite of services was created to make secure communications affordable and available in monthly and yearly subscription plans. The company’s solutions include: SekurMail(R) with SekurSend/SekurReply, an encrypted email service offering a private, safe and powerful tool to communicate…

MondayFeb 12, 2024 1:40 pm

TechMediaBreaks – Bravo Multinational, Inc. (BRVO) Solidifies Entry into Dynamic World of Streaming

Bravo (OTC: BRVO) recently announced it has entered into an agreement to acquire the assets of Streaming TVEE, Inc., which stands at the forefront of licensed streaming technology. The agreement, the announcement states, solidifies Bravo’s entry into streaming and establishes the business foundation for its previously announced flagship offering, TVee NOW(TM), a new streaming service slated for Beta launch in Q1 2024. TVee NOW(TM) will be available directly to consumers via the web on any connected TV (“CTV”), smartphone or tablet and intends to offer traditional broadcast TV, which encompasses cable and satellite networks through a joint venture with Pythia…

MondayFeb 12, 2024 1:28 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Reinforces Position as Market Leader with Announcement of New EM Contract in California

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has secured a new contract with an established California services provider in the judicial sector. According to the announcement, the contract is already operational and generating revenue; it also has long-term growth potential. SuperCom was awarded the contract over a long-time incumbent competitor, a reflection of the potential for the company’s new PureOne solution as well as its vision of expanding its footprint in the U.S. market and the competitive edge provided by delivering superior technology solutions. “We are pleased to announce a…

FridayFeb 09, 2024 12:13 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Zapata AI Partner to Usher in the Commercial Era of Quantum Machine Learning

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company announced that it has entered a multi-year strategic partnership with Zapata Computing, Inc. (operating as “Zapata AI”), the industrial generative AI software company that develops solutions and applications to solve enterprises’ difficult, industrial-scale problems. Under the partnership, the companies will develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies. “Our agreement with Zapata AI marks a significant step toward realizing the potential of combining two of today’s most…

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