COLUMBIA, Md., Dec. 17, 2025 /PRNewswire/ -- Sealing Technologies (SealingTech), a Parsons Corporation company (NYSE: PSN), and leading defensive cyber operations solution provider, received a contract modification from the Department of War's (DoW) Defense Innovation Unit (DIU) for accreditation, training, testing, and additional procurement of the company's Joint Cyber Hunt Kit (JCHK) prototype. The defensive cyber solution is being developed for the United States Cyber Command, as well as the United Kin ...

Core Insights - Skyharbour Resources Ltd. has finalized a strategic agreement with Denison Mines Corp. for the Russell Lake Uranium Project, which includes joint venture agreements and a significant financial commitment from Denison [1][4][5] Financial Overview - The strategic agreement entails a total project consideration of up to CAD $61.5 million, including an initial cash payment of $10 million and additional cash and share payments of $8 million before year-end [5][7] - Denison will invest up to $43.5 million over seven years to acquire between 20% and 70% ownership in the claims of the Russell Lake Project [5][10] Project Structure - The Russell Lake Project has been divided into four joint ventures: Wheeler North, Getty East, Wheeler River Inlier Claims, and Russell Lake, with Skyharbour retaining varying ownership interests [5][10] - Skyharbour will maintain an 80% ownership interest in the RL claims, which cover over 53,192 hectares, while Denison will hold a 20% interest [15][10] Exploration and Development Plans - Denison has committed to a minimum of $4 million in exploration expenditures over the first two years for Wheeler North and Getty East [5][6] - The geological teams from both companies will collaborate to enhance exploration efforts and unlock value across the joint ventures [5][6] Strategic Importance - The Russell Lake Project is strategically located in the Eastern Athabasca Basin, adjacent to significant uranium mining operations, enhancing its exploration potential [1][14] - The partnership with Denison, a leading uranium mining company with a market capitalization exceeding $3 billion, is expected to accelerate exploration and development at Russell [5][6] Future Outlook - Skyharbour is well-funded with over $11 million in treasury, allowing for continued exploration and operational activities through 2026 [5][6] - The company aims to maximize shareholder value through new mineral discoveries and long-term partnerships in favorable jurisdictions [26]

This contract represents final engineering milestone, as project advances towards beginning of construction. MONTRÉAL, QUEBEC / ACCESS Newswire / December 16, 2025 / Loop Industries, Inc. (Nasdaq:LOOP) ("Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile polyester, today announced that its India joint-venture ELITe ("Ester Loop Infinite Technologies pvt Ltd"), formed in ...

Core Insights - Zimmer Biomet and OneStep have entered into an exclusive collaboration to enhance recovery monitoring in orthopedic surgery through comprehensive mobility data integration [1][2][4]. Company Overview - Zimmer Biomet is a global leader in medical technology, focusing on maximizing mobility and improving health through innovative products and integrated digital solutions [6][7]. - OneStep is an FDA-listed digital care platform that captures gait, balance, and mobility data using smartphones, aimed at improving patient care and monitoring [9]. Collaboration Details - The partnership will integrate OneStep's gait and mobility analytics into Zimmer Biomet's mymobility Care Management Platform, allowing for remote assessment of patients' recovery progress [3][4]. - The mymobility platform provides a comprehensive patient experience, including education, surveys, check-ins, and telehealth applications, all aimed at enhancing recovery monitoring [4]. Technological Integration - OneStep's mobility intelligence is based on the analysis of over one million gait cycles daily, providing a substantial real-world mobility dataset to support clinicians in tailoring rehabilitation programs [4]. - The integration aims to transform gait and mobility into vital signs, empowering both patients and providers with clinically meaningful data [4].

Core Viewpoint - U Power Limited has signed a Letter of Intent with FTT Holding Company to establish a strategic Joint Venture aimed at expanding its operations in Southern Europe, with FTT Holding committing up to $50 million to support this initiative [1][2]. Group 1: Joint Venture and Investment - FTT Holding plans to invest up to $50 million into the Joint Venture, which will support U Power's growth initiatives, including smart EV charging and next-generation energy infrastructures [2]. - U Power has also entered into a Share Subscription Agreement with FTT Holding for a private placement of up to $10 million in Class A ordinary shares, which will be issued at a premium to the current trading price and includes a 39-month lock-up period [3]. Group 2: Company Strategy and Vision - The investment from FTT Holding is seen as a strategic step to strengthen the partnership and enhance combined capabilities, with expectations that it will support key shared programs and facilitate expansion in Europe [4]. - U Power aims to evaluate additional opportunities to enhance shareholder value and build long-term returns for investors [4]. Group 3: Company Overview - U Power is a provider of AI-integrated energy solutions that connect electric vehicles with advanced energy infrastructure, optimizing mobility and grid performance [6]. - The company has evolved from a distributor of battery-swapping stations to a provider of comprehensive AI-driven solutions for energy grids and transportation systems [6][7].

Core Viewpoint - The Rhodes Ridge Joint Venture has approved a feasibility study worth $191 million (A$294 million) to advance the development of the Rhodes Ridge project, which is recognized as one of the best undeveloped iron ore deposits globally [1] Group 1: Project Details - The feasibility study will evaluate the development of an operation with an initial annual production capacity of 40 to 50 million tonnes of iron ore [1] - Rio Tinto's share of the feasibility study costs is $96 million (A$147 million) [1] Group 2: Location and Significance - The Rhodes Ridge project is located in Western Australia's Pilbara region, a significant area for iron ore mining [1]

Core Viewpoint - Zhibao Technology Inc. has launched a joint venture, Zhibao Yingshi, to enhance the development of medical insurance products in China, leveraging the strengths of both Zhibao and Yingshi Health [1][5]. Company Overview - Zhibao Technology Inc. is a leading InsurTech company focused on digital insurance brokerage services in China, having pioneered the first digital insurance brokerage platform in the country in 2020 [8][9]. - Yingshi Health specializes in health insurance management, emphasizing innovative product design and comprehensive risk control management [10]. Joint Venture Details - The joint venture, Zhibao Yingshi, was established in September 2025, with Zhibao holding a 51% equity interest [3]. - The initial revenue for Zhibao Yingshi was recorded in November 2025, primarily from service fees related to mid- and high-end medical policies [2]. Financial Targets - The joint venture has set preliminary monthly revenue targets of RMB 4 million (approximately USD 560,000) for the remainder of 2025 and an annual revenue target of RMB 50 million (approximately USD 7 million) for 2026, with an expected annual growth rate of no less than 10% [4]. Management and Operations - The management team of Zhibao Yingshi will include Mr. Chunhui Ji from Yingshi Health as chairman and general manager, integrating resources from both companies to achieve growth targets [7][8]. - Zhibao will contribute its existing strengths in reinsurance, brokerage, medical networks, and risk management to the joint venture [7].

Core Insights - A joint study has been initiated by American Bureau of Shipping (ABS), ENEOS Corporation, Nippon Yusen Kabushiki Kaisha (NYK Line), and SEACOR Holdings Inc. to develop a methanol bunkering and supply chain network along the U.S. Gulf Coast [1][2] - The objective is to establish the first commercial-scale ship-to-ship methanol bunkering operations in the U.S., aligning with the International Maritime Organization's target of net-zero greenhouse gas emissions by 2050 [2][4] Company Contributions - ENEOS will focus on the procurement and supply of low-carbon methanol, including green methanol produced by C2X through the Beaver Lake Renewable Energy project in Louisiana [3][8] - NYK Line will utilize its experience in LNG bunkering infrastructure to provide technical expertise for methanol bunkering vessels [3][8] - SEACOR will leverage its expertise as a Jones Act qualified owner and operator, contributing to the design, engineering, and construction of the bunkering operations [4][8] - ABS will offer class and regulatory support necessary for establishing methanol bunkering operations in the U.S. [4][8] Industry Context - Low-carbon methanol is gaining traction as a next-generation marine fuel due to its ease of handling and potential to reduce greenhouse gas emissions [2] - The initiative aims to contribute to a carbon-neutral future for the maritime industry, addressing the increasing demand for practical solutions to meet environmental targets [4]

Core Insights - The Joint Corp. has signed an Asset Purchase Agreement to sell 22 corporate-owned or managed clinics for $1.5 million to three buying groups, with operations transitioning to the buyers in mid-December [1][3] - The company has terminated a previous APA for 45 clinics in Southern California, signed on November 2, 2025 [1] Summary of Transactions - Nine clinics will be purchased by an existing franchisee and regional developer with over 13 years of experience at The Joint, who currently owns eight other clinics in North Carolina [5] - Ten clinics in North Carolina will be acquired by a Doctor of Chiropractic and his business partner, who has over three years of operations experience within the system [5] - Three clinics in Georgia and South Carolina will be purchased by a team of two seasoned Doctors of Chiropractic, who are also franchisees at The Joint [5] Company Overview - The Joint Corp. is the largest franchisor of chiropractic care in the U.S., operating over 950 locations and facilitating more than 14 million patient visits annually [7] - The company has been recognized in various industry rankings, including Franchise Times' "Top 400" and "Fast & Serious" lists, and has been named "No. 1 in Chiropractic Services" by Entrepreneur [7] - The Joint's business model focuses on making chiropractic care convenient and affordable, eliminating the need for insurance [7][8]

Core Viewpoint - Surge Battery Metals Inc. has established a joint venture with Evolution Mining Limited to advance the Nevada North Lithium Project, marking a significant step in lithium asset development in the U.S. [10] Group 1: Joint Venture Agreement - Surge Battery Metals USA Inc. and Evolution Mining Limited have entered into a joint venture agreement to develop the Nevada North Lithium Project [1] - The joint venture will be implemented through Nevada North Lithium, LLC, focusing on completing a Preliminary Feasibility Study (PFS) [2] Group 2: Contributions and Ownership - Surge US has contributed all its mining claims and mineral rights for the NNLP, while Evolution has contributed its 75% mineral interest in an 880-acre private land portion and additional mineral rights in over 21,000 acres [3] - Surge US will initially hold a 77% ownership interest in the joint venture, with Evolution holding 23% [5] - Evolution is obligated to fund up to CAD$10,000,000 for the PFS, with an initial CAD$3,000,000 expected by December 5, 2025 [5] Group 3: Governance and Management - The joint venture will be governed by an Operating Committee, consisting of five appointees, with Surge US appointing three and Evolution appointing two [6] - Surge US will act as the general manager of the NNLP as long as it holds more than a 50% ownership interest [7] Group 4: Strategic Importance - The partnership aims to accelerate the development of one of the most promising lithium assets in the U.S., addressing the growing demand for critical battery metals [10] - Surge Battery Metals is positioned as a key player in securing domestic lithium supply through its engagement in the Nevada North Lithium Project [15]