TechMediaBreaks Archive - Page 88 of 138

MondayJan 08, 2024 3:18 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Unveils Ultimate Solution for Automotive Industry – Ultra

Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, has announced the unveiling of its new flagship automotive lidar, Ultra. The world’s slimmest adaptive, long-range lidar, Ultra is designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton’s latest innovation – MagnoSteer(TM) – enabling an unmatched combination of performance, power efficiency and compactness. “Powered by MagnoSteer, Ultra breaks the performance bottleneck of 905 nm lidars while taking advantage of a mature, mass-market-ready laser technology. With a 300 m detection range at 10% reflectivity, it can detect and locate a dark…

ThursdayJan 04, 2024 2:52 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Invoices $12M-Plus for Class 1, Class 3 EVs in 2023

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on the status of its Class 1 and Class 3 vehicles for 2023. According to the announcement, the company delivered 100 Class 1 and 141 Class 3 vehicles by year end, for a total invoiced amount of $12,559,520. Mullen also anticipates delivering an additional 185 Class 1 vehicles by Jan. 8, 2024. The vehicles were delivered to the Randy Marion Automotive Group as part of a vehicle purchase order calling for 6,000 Class 1 vehicles and 1,000 Class 3 vehicles in total; invoicing for the vehicles will total…

ThursdayJan 04, 2024 9:15 am

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) Partners with Online Tree-Planting Platform to Plant Trees in Kenya

Diamond Lake Minerals (OTC: DLMI), a leading player in the digital asset landscape bridging the gap between traditional finance and decentralized finance, has initiated the planting of 500 mangrove trees in Kenya. DLMI is partnering with Evertreen in this tree-planting initiative; the trees planted are expected to absorb 154 tons of CO2 over their lifespan. DLMI’s partnership with Evertreen addresses deforestation, supports habitat protection and advances sustainable development goals established by the United Nations. In addition, the company will continue to plant trees every month, with the objective of planting millions of trees over the next decade. The company opted to plant mangroves…

WednesdayJan 03, 2024 12:44 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reaches Class 3 Delivery Target for 2023 Calendar Year

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting that it reached its Class 3 target for the calendar year 2023. According to the announcement, the company built 154 Class 3 vehicles and delivered 141 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) for a total invoiced amount of $9,196,021; the company noted that the remaining 13 vehicles are being utilized for engineering and marketing purposes. Production of the Mullen Three takes place in the company’s Tunica, Mississippi-based commercial vehicle facility; the Mullen ONE, Class 1 EV cargo van and Class 3 EV cab chassis…

TuesdayJan 02, 2024 2:12 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Leveraging Momentum Based on ‘Successful Execution of Growth Strategy’

SuperCom Ltd. (NASDAQ: SPCB), a leading global provider of traditional and digital identity solutions, recently reported positive financial and operating results for the third quarter of the 2023 financial year (“Q3 2023”). “Revenue for Q3 2023 stood at $6.8 million, up from $6.3 million in Q3 2022. Gross profit saw an 89% year-over-year (‘YOY’) growth to $4.0 million from $2.1 million in 2022, while operating income improved by 200% to $0.8 million, up from a $0.8 million operating loss the previous year. For the nine months ending Sept. 30, 2023, SuperCom’s revenue grew by 67%, with gross profit seeing a…

TuesdayJan 02, 2024 1:23 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Additional Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its delivery of 50 additional Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”), invoicing RMA for $1,681,750. To date, Mullen has delivered 100 Class 1 cargo vans for a total invoiced amount of $3,363,500 and is on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024. “We ended 2023 with an emphasis on delivering Class 1 and Class 3 vehicles and are now ramping up production to meet the commitments we have for the 2024 demands of…

TuesdayJan 02, 2024 12:40 pm

TechMediaBreaks — SenesTech Inc. (NASDAQ: SNES) Announces Expansion of Distribution Agreement in UAE

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, is expanding its distribution agreement with Pesterminators Pvt Ltd. According to the announcement, the agreement will now include the deployment of Evolve(TM) and will also extend the territory covered through the agreement into the United Arab Emirates (“UAE”) market through TCS Global for General Trading LLC, a subsidiary of Pesterminators. The announcement noted that strict measures have been implemented by the UAE regarding the use of harmful chemicals, with regulations prohibiting the importing, handling and trading of pesticides without permission, as well as limitations on the use of poisons…

FridayDec 29, 2023 3:24 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

ThursdayDec 28, 2023 12:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

ThursdayDec 28, 2023 12:03 pm

TechMediaBreaks — Electronic Servitor Publication Network Inc. (XESP) Completes Pointward Inc. Merger, Adds to ‘Formidable’ Portfolio

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel-activation and customer-engagement assets. The company announced that the merger includes Pointward’s intellectual property, which consists of proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. According to the announcement, the company plans to leverage Pointward’s IP portfolio to enhance its managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets.…

TechMediaWire provides insights and opportunities in tech.

Contact us: (512) 354-7000

TechMediaBreaks