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Volatus Aerospace Appoints CTO to Accelerate Sovereign Autonomy and Defence Capabilities
Globenewswire· 2026-02-23 11:30
Core Insights - Volatus Aerospace Inc. has appointed Krish Srinivasan as Chief Technology Officer (CTO), enhancing its Executive Leadership Team and aligning with Canada's Defence Industrial Strategy [1][2] Group 1: Leadership and Strategy - The appointment of Mr. Srinivasan strengthens Volatus' engineering and autonomy leadership, focusing on sovereign production, autonomous systems, and supply chain resilience [2] - Mr. Srinivasan has over a decade of experience in autonomous unmanned systems and will oversee Volatus' unified engineering organization across Canada, the United States, and the United Kingdom [2][4] Group 2: Engineering and Development - Volatus is adopting a vertically integrated approach to develop scalable, Canadian-controlled aerospace capabilities for both civil and defence applications [3] - The company is initiating plans for manufacturing, assembly, and integration activities in Mirabel, Quebec, to support national defence priorities and maintain interoperability with allied standards [4] Group 3: Company Overview - Volatus Aerospace provides integrated dual-use aerial solutions for commercial and defence applications, serving industries such as oil and gas, utilities, healthcare, and public safety [5] - The company's mission is to enhance operational efficiency, safety, and resilience through scalable aerial technologies [5]
Freshpet, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-02-23 11:30
Core Insights - Freshpet, Inc. reported significant growth in net sales, surpassing $1 billion for the first time, with a focus on enhancing retail visibility and e-commerce momentum [4][18]. Financial Highlights - Fourth Quarter 2025 - Net sales increased by 8.6% to $285.2 million compared to $262.7 million in the prior year [5]. - Gross profit was $123.5 million, representing a gross margin of 43.3%, up from 42.5% in the prior year [6]. - Adjusted Gross Profit reached $138.1 million, or 48.4% of net sales, compared to 48.1% in the prior year [6]. - SG&A expenses decreased to $79.0 million, or 27.7% of net sales, down from 35.1% in the prior year [7]. - Net income for the quarter was $33.8 million, compared to $18.1 million in the prior year [9]. - Adjusted EBITDA was $61.2 million, an increase from $52.6 million in the prior year [10]. Financial Highlights - Full Year 2025 - Full year net sales increased by 13.0% to $1,102.0 million from $975.2 million in the prior year [11]. - Gross profit for the year was $449.6 million, with a gross margin of 40.8%, slightly up from 40.6% in the prior year [12]. - Adjusted Gross Profit was $515.2 million, or 46.7% of net sales, compared to 46.5% in the prior year [12]. - SG&A expenses for the year were $374.0 million, or 33.9% of net sales, down from 36.7% in the prior year [13]. - Net income for the year was $139.1 million, significantly up from $46.9 million in the prior year, aided by a $68.4 million income tax benefit [14]. - Adjusted EBITDA for the year was $195.7 million, compared to $161.8 million in the prior year [15]. Balance Sheet and Cash Flow - As of December 31, 2025, the company had cash and cash equivalents of $278.0 million and total debt of $397.3 million [16]. - Cash from operations for the year was $160.6 million, an increase of $6.3 million compared to the prior year [16]. Outlook for 2026 - The company expects net sales growth in the range of 7% to 10% compared to 2025 [18]. - Adjusted EBITDA is projected to be between $205 million and $215 million, with positive free cash flow anticipated [18].
Anteris to Present at Healthcare Investor Conferences TD Cowen and Barclays
Globenewswire· 2026-02-23 11:30
Core Viewpoint - Anteris Technologies Global Corp. is actively participating in two major healthcare conferences, showcasing its commitment to advancing medical devices for heart function restoration [1][4]. Group 1: Conference Details - Anteris will present at the TD Cowen 46th Annual Healthcare Conference on March 2, 2026, featuring a fireside chat with analyst Joshua Jennings [2]. - The Barclays 28th Annual Healthcare Conference will take place on March 10, 2026, with a fireside chat led by analyst Matt Miksic [3]. - Both conferences will include 1x1 meetings and will be accessible via webcasts, which will be archived for up to 90 days [2][3]. Group 2: Company Overview - Anteris Technologies is a global structural heart company focused on designing and commercializing innovative medical devices [4]. - The company is headquartered in Australia and has a significant operational presence in Minneapolis, USA, emphasizing a science-driven approach [4]. - Anteris' lead product, the DurAVR Transcatheter Heart Valve, is designed to treat aortic stenosis and is the first biomimetic valve, aiming to replicate normal aortic blood flow [5].
Comstock Metals Receives DTSC Recycling Approval for California Facility; Strengthening National Recycling Network and Major Market Reach
Globenewswire· 2026-02-23 11:15
Core Viewpoint - Comstock Inc. has opened a new facility in California for recycling end-of-life solar panels, receiving certification from the Department of Toxic Substances Control, positioning itself as a leader in environmentally responsible solar panel recycling in North America [1][2][3] Group 1: Facility and Certification - The new facility in Kings County, CA, is the only certified, zero-landfill solar recycling solution in North America, allowing California companies to recycle end-of-life photovoltaic (PV) modules [1] - The facility has been approved by California's DTSC and is now on a select list of companies authorized to treat PV modules, providing a local solution for recycling [1][2] Group 2: Market Demand and Services - As more solar panels reach the end of their useful life, there is a growing demand for compliant and environmentally responsible recycling solutions in California, Arizona, and Nevada [3] - The facility is designed to serve major utilities, developers, engineering and construction firms, installers, decommissioning contractors, and asset owners, offering a reliable option for managing environmental liabilities [3] Group 3: Strategic Positioning and Future Plans - The California facility enhances Comstock Metals' southwestern recycling network, optimizing logistics to support California's high demand for solar panel recycling [2] - The company is also preparing plans for a second integrated facility in Nevada, with final site selection expected soon, indicating ongoing expansion efforts [4]
Anmodning om ophør af suspension af alle afdelinger i Investeringsforeningen Nordea Invest
Globenewswire· 2026-02-23 11:03
Core Viewpoint - The request for the lifting of the suspension of all departments in Nordea Invest is initiated by Nordea Fund Management, a branch of Nordea Funds Oy, Finland [1] Group 1 - The request is formally communicated by Rasmus Eske Bruun, the branch manager of Nordea Fund Management [1]
Allstate Canada says water damage claims from external flooding nearly doubled in 2025
Globenewswire· 2026-02-23 11:02
Core Insights - Allstate Canada reported a significant increase in water-related home insurance claims for 2025, highlighting a gap between risk awareness and preventive measures taken by homeowners [1][2]. Claims Data - Home insurance claims due to external water sources nearly doubled, increasing by 94% in 2025 compared to 2024, with water damage accounting for 24% of all home insurance claims in 2025 [2]. - From 2021 to 2025, water damage represented over 40% of all home insurance claims, with external water sources responsible for nearly one-third (31%) of all water-related claims during this period [2]. Risk Awareness and Prevention - A Léger survey indicated that while many Canadians recognize the risk of flooding, there is a lack of action to mitigate it, with 53% of respondents not planning to take any preventive measures for flooding this spring [3][5]. - Among those planning preventive actions, the most common step is clearing gutters and drains (26%), while only 17% intend to hire professionals for assistance, suggesting a potential underestimation of necessary preventive measures [5]. Recommendations for Homeowners - Allstate Canada encourages homeowners and renters to take proactive steps to reduce flooding risks, such as cleaning gutters, testing sump pumps, and communicating early with landlords about potential issues [4][6]. - Homeowners are advised to review their insurance policies to understand coverage for water damage and identify any gaps in optional coverage [6]. Survey Methodology - The Léger poll was conducted among 1,527 Canadians aged 18 and over, assessing their concerns about flooding and awareness of flood-related insurance coverage [5][7].
Brunswick Corporation Earns Top 5 Gold Honors at CES 2026 BOSS Awards
Globenewswire· 2026-02-23 11:00
Core Insights - Brunswick Corporation has been awarded a Gold BOSS Award, ranking fourth among the top experiential exhibits at CES 2026, highlighting its leadership in marine technology [1] - The awards recognize exhibitors who create immersive, narrative-driven brand environments that enhance technology demonstrations into memorable experiences [2] Company Achievements - Brunswick's exhibit featured innovative elements such as on-water immersion, interactive simulators, and expansive video storytelling, effectively showcasing the company's marine innovations and advanced technologies [2] - The CEO of Brunswick expressed pride in the recognition, emphasizing the company's commitment to advancing marine technology and engaging audiences through compelling storytelling [3] Product Innovations - At CES 2026, Brunswick unveiled several cutting-edge products, including the Sea Ray SLX 360 with Mercury Marine engines and Simrad displays, and the Fliteboard RACE model, showcasing synergies across its business lines [3] Company Overview - Brunswick Corporation is a leader in marine recreation, offering technology-driven solutions informed by consumer insights, and operates over 60 industry-leading brands [4] - The company has approximately 15,000 employees across 26 countries and has been recognized as one of America's Most Trusted Companies by Forbes Magazine [4]
KBR Awarded Transformational Oil Development Project in Iraq
Globenewswire· 2026-02-23 11:00
HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has been awarded a major contract by Basra Oil Company (BOC) to provide Integrated Field Management Services (IFMS) for the gigantic Majnoon Oil Field. Located in southern Iraq, Majnoon is one of the world’s largest oil fields, with estimated reserves of over 38 billion barrels. Under the IFMS contract, KBR will provide comprehensive upstream engineering, project and operations management, and maintenance services to enhance ...
TOMI Environmental Solutions Receives Biocidal Product Approvals in Great Britain and Northern Ireland
Globenewswire· 2026-02-23 10:30
Core Viewpoint - TOMI Environmental Solutions, Inc. has received official authorization for its Binary Ionization Technology (BIT) solution and SteraMist iHP brand of disinfection equipment from the Health and Safety Executive (HSE) in Great Britain, marking a significant step for the company's expansion in the UK market [1][2]. Group 1: Product Approval and Market Expansion - The BIT solution is now approved as a biocidal product for use in Great Britain, including England, Scotland, and Wales, under Regulation 528/2012 GB, and also received separate approval for Northern Ireland under Regulation (EU) No. 528/2012 [1][2]. - This approval allows for the BIT solution to be used in room fogging and handheld direct spray applications as a microbial disinfectant across various sectors such as healthcare, industrial, commercial, hospitality, and institutional settings [2][3]. Group 2: Efficacy and Applications - The BIT solution has established efficacy claims in Great Britain, demonstrating effectiveness against bacteria, yeast, and viruses with specific contact times ranging from 5 to 15 minutes depending on the application method [4]. - SteraMist products utilize a low percentage of Hydrogen Peroxide to create a germ-killing aerosol, suitable for a wide range of applications including hospitals, schools, and military facilities [4][5]. Group 3: Company Background and Commitment - TOMI Environmental Solutions, Inc. is a global leader in decontamination and infection prevention, focusing on indoor surface disinfection through its BIT platform, which was developed under a defense grant in collaboration with DARPA [5][6]. - The company emphasizes its commitment to providing innovative solutions that meet rigorous compliance, safety, and efficacy standards, with optimism for further approvals in the European Union [3][5].
Enigmatig继纽交所美国板块上市后发布2025财年业绩报告,总收入增长12.2%,毛利率达68.8%
Globenewswire· 2026-02-23 10:08
新加坡, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG)(以下简称"Enigmatig"或"公司"),今日公布了截至2025年9月30日止财年的经审计财务报告。总收入同比增长12.2%,毛利率提升至68.8%,公司在纽约证券交易所美国板块(NYSE American)上市后整体财务结构更为稳健。公司还宣布,已向美国证券交易委员会(SEC)提交截至2025年9月30日止财年的Form 20-F年度报告。作为全球性商业赋能者,Enigmatig专注于帮助企业实现跨境发展。 2025 财年财务业绩亮点 ●2025财年企业服务总收入450万美元,相较于2024财年的400万美元企业服务总收入,同比增长12.2%。●2025财年销售成本为140万美元,较2024财年的130万美元有所提升。●2025财年整体毛利同比增长14.9%至310 万美元,较2024财年的270 万美元有所提升。●2025财年经营利润为50万美元,2024财年经营利润为100万美元。●2025财年净利润为60万美元,2024财年净利润为80万美元。 ...