TechMediaBreaks Archive - Page 86 of 97

ThursdayMay 11, 2023 1:53 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Additional Contract Renewal, Expanded Service to UC San Diego

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems, has announced that a longtime client, one of the largest resort/casinos in the United States, has renewed its contract for the sixth year in a row. The contract calls for six for 6 ASRs to provide 24/7/365 surveillance at its Southern California location. An official from the casino noted that “Knightscope’s customer service is extremely responsive. They’re open to new ideas and always available when we need to discuss anything.” In addition, another existing client, UC San Diego, has expanded its contract with…

ThursdayMay 11, 2023 1:42 pm

TechMediaBreaks – NextPlat Corp. (NASDAQ: NXPL) Invests Additional $1M in Progressive Care Inc. (RXMD)

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced that it has completed an additional $1 million investment in Progressive Care (OTCQB: RXMD), a personalized healthcare services and technology company. In connection with the $1 million investment, NextPlat purchased 455,000 newly issued units of Progressive Care, with each comprised of one share of Progressive Care’s common stock and one warrant to purchase a share of common stock at a per unit purchase price of $2.20. In addition, NextPlat executives Charles Fernandez and Rodney Barreto, as well as certain other Progressive Care convertible note holders, agreed to convert the approximately…

WednesdayMay 10, 2023 2:36 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Reports New TSU Contract, Renewal by Longtime Client; Announces Town Hall Meeting

Knightscope (NASDAQ: KSCP) is maintaining its momentum as a leading developer of autonomous security robots (“ASR”) and blue light emergency communication systems. The company continues to see contracts — both new and renewals — as it works to make the United States the safest country in the world. The company’s most recent renewal is with a well-known media and entertainment company. The client, which first signed with Knightscope seven years ago to patrol one of its North Hollywood properties, has renewed its contract for 24/7/365 ASR surveillance. In addition, Knightscope announced that Texas State University (“TSU”) has inked a deal with Knightscope…

WednesdayMay 10, 2023 1:10 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Announces Q1 2023 Results, to Host Live Call and Webcast

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced business updates and financial results for the first quarter ended March 31, 2023. Among the business highlights, Cepton reported OEM series production execution and that it is on-track to receive final production validation for salable vehicles and continue to ship pre-production lidar units for multiple vehicle models. In addition, Cepton has completed final implementation of embedded software, including cybersecurity, over-the-air updates, functional safety and multiple custom features for OEMs. As detailed in the announcement, the company will host a live conference call and webcast to…

WednesdayMay 10, 2023 1:01 pm

TechMediaBreaks – SideChannel Inc. (SDCH) Releases Financial Report, Shows 30.9% YOY

SideChannel (OTCQB: SDCH), a provider of cybersecurity services and technology to emerging and middle market companies, is reporting its financial results for the three months and six months ended March 31, 2023. Highlights of the report show $1.6 million revenue an increase of 30.9% from Q2 2022; 4.6% sequential quarter growth; gross margin of 45.6%; net loss of $0.9 million or $0.01 per share; and $5.7 million trailing 12-month revenue; Other notable figures include 83% revenue retention for the 12-month period ended March 31, 2023, and new-client contracts representing $2 million potential annual revenue. As of March 31, the company reported…

TuesdayMay 09, 2023 3:45 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN), NVIDIA Collaborating to Integrate Leading Lidar Tech into Driving Simulation Platform

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is collaborating with NVIDIA to incorporate its Vista-X120 Plus lidar into DRIVE Sim, an end-to-end simulation platform built on Omniverse. The company noted that the announcement builds on previous integrations of its automotive lidar models that were used for the development of autonomous driving algorithms, sensors and software. In fact, the announcement noted that Cepton was one of the first lidar companies to showcase a 360-degree-coverage, dual-range lidar simulation; this tech was key in developing near-range blind spot elimination and long-range obstacle detection. The collaboration involves Cepton providing simulated sensor…

TuesdayMay 09, 2023 12:44 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation at Upcoming Needham Technology & Media Conference

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, today announced that Dr. Alan Baratz, CEO, and John Markovich, CFO, will present at the 18th Annual Needham Technology & Media Conference in New York City at 11 a.m. ET on Wednesday, May 17. Interested parties should visit https://ibn.fm/fAibm to register and listen to the investor presentation live via webcast. In addition, the archived webcast will be available on D-Wave’s Investor Relations page following the event. To view the full press release, visit https://ibn.fm/2MElt About D-Wave Quantum…

ThursdayMay 04, 2023 1:10 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Appoints Seasoned Veteran as Customer Program Director on Detroit Team

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced that Luis Gonçalves, formerly with Honda and GM, has joined its Detroit team as director of customer programs. Goncalves brings more than a decade of experience in automotive technology deployment, which will be invaluable as Cepton ramps up its volume production. In his new role, Gonçalves will lead Cepton’s Detroit automotive customer programs and support volume production ramp through Cepton’s flagship ADAS lidar program with its lead OEM customer as well as future production awards from other automotive customers. In addition, he will also manage onsite support to…

ThursdayMay 04, 2023 12:09 pm

TechMediaBreaks – NanoViricides Inc. (NYSE American: NNVC) Slated to Participate at Inaugural Ef Hutton Global Conference

NanoViricides (NYSE American: NNVC), a clinical-stage global leader in the development of highly effective antiviral therapies based on a novel nanomedicines platform, will be participating at the inaugural EF Hutton Global Conference. The two-day event is scheduled for May 10–11, 2023, in New York City. Company president Anil R. Diwan, PhD, will be presenting at the gathering; his presentation is scheduled May 10. The global conference is an elite, invitation-only event featuring key executives from some 150 public and private companies; company executives are invited to present the unique stories of their companies to institutional investors, high-net worth individuals, corporate clients and…

FridayApr 28, 2023 1:30 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Secures Additional Funding to Support Growth

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading 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 an increase in its convertible note facility by $3.3 million to $9.9 million in addition to renewing its collateralized lending facility for $5.0 million. Fr8Tech agreed to amend its loan and security agreement with Capital Foundry and extend it to 2025, with the amendment maintaining the revolving line of credit at $5.0 million and including additional types of collateral in…

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