MondaySep 25, 2023 10:17 am

TechMediaBreaks – Near Intelligence Inc. (NASDAQ: NIR) Announces Seasoned Industry Veterans as New Board Members

Near Intelligence (NASDAQ: NIR), a data intelligence platform that curates one of the world’s largest sources of intelligence on people and places, has appointed two new members to its board of directors. According to the announcement, Richard J. Salute, a former director of Capital Markets and SEC Practice at J.H. Cohn and CohnReznick LLP, and Sherman Edmiston III, a managing member of HI CapM Advisors Ltd., have joined Near Intelligence’s board of directors, effective Sept. 19, 2023; a CPA, Salute will also serve as chair of the board audit committee. With more than 39 years of audit, accounting and tax experience,…

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MondaySep 25, 2023 9:19 am

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) K5 Security Robot Deployed in NYPD Pilot Program

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced that the city of New York and the New York Police Department (“NYPD”) launched the Knightscope K5 security robot service. The move was announced at a press conference with the support of the Metropolitan Transportation Authority (“MTA”). The first two weeks will be spent on training, configuration and setup protocols for the autonomous robot to navigate followed by patrol activities between the hours of 12:00 a.m. and 6:00 a.m. at the Times Square Subway Station. “Today we are launching a pilot program…

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FridaySep 22, 2023 11:07 am

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) CCO Talks Industrializing Lidar with Automotive Programs, Company’s Reverse Stock Split Takes Effect

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton’s new chief commercial officer Mitch Hourtienne was a guest during a recent Proactive Investors interview. During the interview, Hourtienne, who has been serving as Cepton senior vice president, and Proactive Investors host Steve Darling discussed his 20-year-plus journey to Cepton as well as his new responsibilities. Hourtienne has worked at several companies, including Sensata, Freescale Semiconductor, Infineon Technologies and Siemens VDO Automotive. Hourtienne explained that at Cepton, he has been involved in securing the company's flagship ADAS lidar series production contract with General…

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ThursdaySep 21, 2023 2:23 pm

TechMediaBreaks – Electronic Servitor Publication Network Inc. (XESP) Providing Tested Avenues for Elevating Customer Experiences

Electronic Servitor Publication Network (OTC: XESP) is a digital engagement company and a market disruptor offering cutting-edge data analysis and intelligent technology to help enterprises reach their target markets. “Through its managed service, which offers digital activation and engagement solutions, the company looks to provide superior intelligent interaction management, dynamic content provisioning, and a logic-driven workflow, all tested avenues for elevating customer experiences and response. XESP is focused on the use of evolving technologies to increase customer reach and spur organizational growth. The company’s proprietary technology, the Digital Engagement Engine(TM), is an example of its focus on solutions that directly…

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ThursdaySep 21, 2023 11:57 am

TechMediaBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) Cargo Vans Purchased by NYPA on Heels of Successful EV Pilot

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the New York Power Authority (“NYPA”) has purchased the company’s campus delivery cargo vans after successful completion of an EV pilot program at NYPA’s 16-turbine hydroelectric facility in northern New York. According to the update, the 60-day EV cargo van pilot began on July  6, 2023, and concluded in early September 2023. As a result, NYPA will purchase the initial pilot vehicles for fleet operations at its St. Lawrence-Franklin D. Roosevelt Power Project and is assessing additional NYPA locations for Mullen’s full lineup of commercial EVs. “It’s…

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ThursdaySep 21, 2023 10:33 am

TechMediaBreaks – Near Intelligence Inc. (NASDAQ: NIR) Bringing High-Quality Real Estate Analytics to Leading CRE Companies

Near Intelligence (NASDAQ: NIR) is a global data intelligence platform that curates one of the world’s largest sources of intelligence on people and places. The company today announced its positioning as a trusted partner of leading global commercial real estate (“CRE”) companies seeking high-quality real estate analytics on any location, building or site. Representing a combined annual revenue of nearly $87 billion and over $200 billion in assets under management, the world’s leading CRE companies rely on Near to drive data-driven business decisions and enhance strategies as the industry adapts to rapidly evolving consumer trends. “Near’s data insights allow me…

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WednesdaySep 20, 2023 12:38 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces 100th Landing of Its Robot Show

Knightscope (NASDAQ: KSCP) is a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems. The company has announced its 100th Robot Roadshow landing that will take place on Oct. 3, 2023, at Rich Township High School in Richton Park, Illinois. The announcement reads, “Knightscope’s Robot Roadshow (‘Roadshow’) was developed and launched during the pandemic, which brought all tradeshows and related gatherings to a grinding halt and hurled marketing executives into survival mode. The Roadshow was built specifically to enable Knightscope’s client development team to remotely demonstrate its technologies without risking exposure. It has since proven to…

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TuesdaySep 19, 2023 1:38 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Upward Revision of Price Target from Ascendiant Capital Markets

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, was spotlighted in a recent Ascendiant Capital Markets LLC research and analysis report. In the report, Ascendiant maintained a buy rating and revised its price target upward to $3.75 per share from $3.50 per share. “We are maintaining our BUY rating but raising our 12-month price target to $3.75 from $3.50, based on a NPV analysis, representing significant upside from the current share price,” the Ascendiant report stated. “We believe this valuation appropriately balances out the company’s high risks with its high growth…

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TuesdaySep 19, 2023 1:07 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives IRS Approval as ‘Qualified Manufacturer,’ Qualifies for Federal EV Tax Credit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received approval from the IRS for its “qualified manufacturer” designation. The designation means the company qualifies for commercial EV federal tax credits of up to $7,500 per qualified vehicle with gross vehicle weight ratings (“GVWRs”) of under 14,000 pounds. According to the announcement, both the Mullen ONE, a class 1 EV Cargo Van, and the Mullen THREE, a class 3 EV Cab Chassis Truck, meet the qualifications and are approved for the tax credits. The announcement also noted that, according to IRS regulation, vehicles with gross vehicle weight ratings of more…

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TuesdaySep 19, 2023 10:29 am

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) Board Approves 1-for-10 Reverse Stock Split, Names Chief Commercial Officer

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced a 1-for-10 reverse stock split of its common stock; the move was approved by Cepton’s board of directors. According to the announcement, the split will be effective on Sept. 21, 2023, at 5 p.m. ET, with the common stock beginning to trade on a split-adjusted basis on Sept. 22, 2023, when the NASDAQ exchange opens. The announcement noted that stockholders approved the proposal to authorize the board to affect a reverse split at a ratio ranging from 1-for-5 to 1-for-20 during a Sept. 7 special meeting. The…

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