FridayMay 19, 2023 3:07 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In addition, the company noted that research published in “Nature” shows the computational advantage of its quantum computer, proving quantum dynamics speedup over classical on a set of complex problems. The company has also signed several…

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FridayMay 19, 2023 2:12 pm

TechMediaBreaks – SideChannel Inc. (SDCH) Developing Enclave to Respond to Evolving Cybersecurity Dynamics

SideChannel (OTCQB: SDCH), a cybersecurity services and technology provider, has centered its mission on informing small-to-mid-sized SMB companies about the importance of securing their networks against malicious attacks. “SideChannel’s flagship service is the provision of virtual chief information security officers (‘vCISOs’) on a contract basis to companies that need help with cybersecurity but are unable to hire a full-time CISO… SideChannel’s vCISOs can work directly with companies’ executive boards, inserted into the administrative operation as a virtual member of the team. In addition to the vCISO service, SideChannel offers a micorsegmentation security product named Enclave that clients can either use…

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FridayMay 19, 2023 12:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Fr8App Recognized for Use of Advanced Markers from Google Maps Platform

Freight Technologies (NASDAQ: FRGT), a leading technology company developing innovative solutions powered by AI and machine learning to optimize and automate the supply chain process, has been spotlighted as an example of early adoption of leading-edge technology. The company, which provides its Fr8App platform for B2B cross-border shipping, Fr8now for LTL shipping services and Fr8Fleet for dedicated capacity to enterprise companies in the USMCA region, was specifically cited for its implementation of advanced markers from Google Maps Platform on it exclusive Fr8App platform to improve the user experience. The recognition came following Google's annual developer conference in a Google Maps Platform blog…

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ThursdayMay 18, 2023 10:41 am

TechMediaBreaks – RYVYL Inc. (NASDAQ: RVYL) Plans to Report on Q1 2023 Earnings Next Week

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has announced that it will release its first-quarter financial results on Monday, May 22, 2023. The company will also host an earnings webinar on that same day, beginning at 4:30 p.m. During the webinar, key executives will discuss the earnings results and answer questions. Those interested in accessing that event may dial 1-855-327-6837 in the United States or 1-631-891-4304 internationally. A recording of the call will also be available. Those interested in listening to that can dial 1-844-512-2921 within…

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WednesdayMay 17, 2023 12:45 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Signs New Contract with Texas Semiconductor Company

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has received a new contract for three K5 ASRs from a semiconductor company in Texas. The new contract is the latest in a series of contracts Knightscope has announced as the company works to provide key services to protect vital industries. According to the announcement, the semiconductor market reportedly totaled $600 billion in sales in 2021 and is projected to reach $1 trillion within this decade. “Semiconductors are the heart of contemporary electronics, enabling technologies that are essential to U.S. economic growth, national…

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WednesdayMay 17, 2023 11:47 am

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Reports on $4M Registered Direct Offering

CISO Global Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider, has entered into definitive agreements with key investors. According to the announcement, the agreements are for the purchase and sale of 20 million shares of the company’s common stock, sold at a purchase price of $0.20 per share in a registered direct offering. The company anticipates the offering, will total approximately $4 million, will close on or about May 19, 2023, and will be subject to customary closing conditions. CISO expects to use funds from the offering for general corporate purposes, including potentially working capital,…

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WednesdayMay 17, 2023 11:24 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN), NRTC Commence Class 3 Assembly Line Installation and Integration

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that vehicle production will begin in July 2023 at Mullen’s Manufacturing Center in Tunica, Mississippi. According to the announcement, Mullen’s manufacturing group is collaborating with NRTC Automation (“NRTC”) out of Birmingham, Alabama, for Class 3 assembly line installation and integration, including all robotics and automation systems for vehicle production. NRTC will support Mullen’s Class 3 operation through launch and provide ongoing support of the production as Mullen ramps up to meet the full market demand from its commercial customers. “It’s gratifying to see our Class 3 vehicle production…

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TuesdayMay 16, 2023 2:38 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Provides Transcript and Video of Yesterday’s Q1 Town Hall Update

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, today released the transcript and video of its First Quarter Town Hall Update that occurred at 1 p.m. PT on May 15, 2023. In the update, the company’s CEO William Santana Li reviewed financial highlights from Knightscope’s recently filed quarterly report on Form 10-Q for the first quarter 2023, as well as shared current events that may be of interest to stockholders and potential investors. “First, I am pleased to report that for the 1st quarter of 2023, we recorded approximately $2.9M in revenue…

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TuesdayMay 16, 2023 1:52 pm

TechMediaBreaks – Data443 Risk Mitigation Inc. (ATDS) Reports on Q1 2023 Financial Results, Notes Triple-Digit Increase in Revenue and Gross Profit

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” is reporting on its results for the quarter ended March 31, 2023. Financial highlights of the report include 125% increased revenue year over year, 184% increased gross profit year over year and a 60% decreased net loss year over year. Business highlights for the year include a 98% customer renewal rate, the VB100 certification of Data443(R) Antivirus Protection Manager(TM), and the company’s Ransomware Recovery Manager being named Best of Inexpensive Protection and Best for Kiosks in PCMag’s The Best Ransomware Protection for 2023.…

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TuesdayMay 16, 2023 1:13 pm

TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Announces Board Appointment of CFO Deb Smith, Creation of vCISO LLC

CISO Global Inc. (NASDAQ: CISO), a Scottsdale, Arizona-based industry leader as a managed cybersecurity and compliance provider, has named Chief Financial Officer Deb Smith to its board of directors. Smith has served as the CFO and secretary since 2021. “Deb has overseen and managed the complex financial aspects of successfully acquiring and integrating 17 companies on a global basis,” said David Jemmett, CEO and founder of CISO Global. “She is a trusted member of our executive team and brings tremendous leadership and perspective to our board.” In addition, CISO Global announced that it has formed vCISO LLC to own and…

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