ThursdayDec 21, 2023 4:37 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Delivery of 38 Class 3s to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the delivery of 38 additional Class 3 vehicles to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $2.5 million. Randy Marion has committed to 1,000 Class 3 vehicles for a total of $63 million, with the majority of the vehicles to be delivered in calendar year 2024. As previously reported, Class 3 production at Mullen’s Tunica, Mississippi, facility is planned for 150 vehicles for 2023, with total capacity for Class 3 planned at 3,000 vehicles annually per shift. “The Mullen THREE product…

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WednesdayDec 20, 2023 3:18 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) CEO Discusses Traditional, Digital Finance in Exclusive Benzinga Interview

Diamond Lake Minerals (OTC: DLMI), a leading multistrategy operating company specializing in the development and support of digital assets and SEC-registered security tokens, was featured in a recent exclusive Benzinga interview. During the interview, Diamond Lake Minerals CEO Brian Esposito talked with host Michael Murry about the company, which specializes in the development and support of digital assets and SEC-registered security tokens. During the interview, Esposito discussed how Diamond Lake Minerals is bridging traditional finance with a digital future. Esposito noted that DLMI is focused on building strong companies with sustainable earnings. “Bu more importantly and what’s making us pretty…

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WednesdayDec 20, 2023 2:20 pm

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) ‘Just Scratching the Surface of What Is Possible’ in Big Data

FingerMotion (NASDAQ: FNGR), a mobile services and data company, today provided an update on its big data subsidiary branded Sapientus. Among the highlights, the company reported on the positive positioning of big data models and Sapientus’ expectations to engage more partners for commercial applications and expanded use cases. With proprietary analytic models collaboratively tested and validated with empirical insurance data, the past year has been transformative to Sapientus. Studies have demonstrated a high degree of accuracy in their predictive value in tracking substandard cases, which is pivotal in the enhancement of the overall insurance underwriting experience. Extending beyond insurance, the…

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WednesdayDec 20, 2023 1:59 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Milestone’ Certification for Class 1 EV Cargo Van, EV Now Fully Compliant for Sale Throughout US

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has reached an EV commercial milestone: its Mullen One, a class 1 EV cargo van, received certification from the California Air Resources Board (“CARB”) as a zero-emission vehicle in the state of California. This certification means that Mullen ONE can be sold in CARB-compliant states, including California, Connecticut, Colorado, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Vermont and the District of Columbia. Combined with an earlier certification of conformity received last month from the Environmental Protection Agency (“EPA”), the Mullen ONE is in full compliance…

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WednesdayDec 20, 2023 12:33 pm

TechMediaBreaks – AQUAE Unveiled at COP28; Brings Together Groundbreaking Blockchain, AI Platform and SDGs

AQUAE, a revolutionary ecosystem utilizing blockchain and artificial intelligence technologies, was launched at this year’s United Nations Climate Change Conference (“COP28”) event, which was held Nov. 30–Dec 12, 2023 in Dubai. The launch event, titled “Biodiversity Harmony in Action: AQUAE's Holistic Approach to Preservation, Sustainable Finance, and Collective Consciousness,” included a panel discussion and was organized by the Art of Living Foundation. Introducing an innovative ecosystem that not only advances sustainable development goals (“SDGs”), AQUAE is designed to be a key player in preserving biodiversity through the creation of bankable, insured digital sustainable-based assets of biodiversity credits. The platform features…

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TuesdayDec 19, 2023 3:39 pm

TechMediaBreaks – Why Vision Marine Technologies Inc. (NASDAQ: VMAR) Is ‘One to Watch’

Vision Marine Technologies Inc. (NASDAQ: VMAR) is a global leader and innovator within the performance electric recreational boating industry. “The company is engaged in designing and manufacturing electric outboard powertrain systems and related technology… Vision Marine manufactures hand-crafted, highly durable, low maintenance, environmentally friendly electric recreational powerboats. The company’s business segments include the sale and rental of electric boats, with the majority of its revenue attributable to electric boat sales. The designs and technology applied to Vision Marine’s boats result in enhanced performance, higher speeds and longer range. Put simply, Vision Marine boats offer a smoother ride than a traditional…

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TuesdayDec 19, 2023 1:43 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Effect 1-for-100 Reverse Stock Split, CEO Releases Letter to Shareholders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, announced that it will effect a 1-for-100 reverse stock split of its common stock, par value $0.001 per share. According to the announcement, the stock split will be effective Dec. 21, 2023, at 12:01 a.m. ET. The company’s common stock will continue to trade on the NASDAQ exchange under the existing symbol — MULN — and will begin trading on a split-adjusted basis when the market opens on Dec. 21, 2023. A proposal to authorize the reverse stock split was approved by company stockholders at a Special Meeting of Stockholders; Mullen Automotive’s…

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TuesdayDec 19, 2023 1:34 pm

TechMediaBreaks – IBN Announces Cutting-Edge Upgrades to Deliver Unparalleled Digital Engagement

IBN, a multifaceted financial news and publishing company, today announced its server upgrade on the Google Cloud Platform. The move continues IBN’s commitment to technological innovation and digital engagement solutions that deliver significant results for IBN client-partners. The company is migrating from current servers to the new C3D machines due to their reliability and more powerful and consistent security and performance capabilities. IBN has assessed that the C3D machine’s response time is anywhere from 20%-50% faster than the average response time of the current architecture. C3D speed is enhanced by unlimited IO throughput, newer CPUs with higher clock speeds and…

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TuesdayDec 19, 2023 1:03 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave's quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.”…

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MondayDec 18, 2023 2:38 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) COO Featured in Most Recent Proactive Video Interview Focused on Cost-Efficiency, Strategic Partnerships

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton chief commercial officer Mitch Hourtienne is the featured guest on the latest video interview from Proactive. During the segment, Hourtienne and Proactive host Steve Darling talked about the evolution of LiDAR technology, including the fact that in the past decade-plus, the cost of LiDAR has decreased, making the technology more widely accessible. During his comments, Hourtienne explained Cepton’s commitment to cost efficiency, noting the company’s use of a low-cost base material and strategic supplier partnerships. Hourtienne also mentioned that the company opted to…

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