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GMG's THERMAL-XR(R) Demonstrates Potential for Electronics Heat Sink Miniaturization and Efficiency
Newsfile· 2024-12-11 13:15
Core Viewpoint - Graphene Manufacturing Group Ltd. (GMG) is advancing the commercialization of its THERMAL-XR® product, which enhances heat sink efficiency in electronics, enabling significant size reduction while maintaining thermal performance [1][7]. Customer Engagement Update - GMG is actively testing THERMAL-XR® with various companies across multiple industries, particularly for use in heat sinks for electronics [2]. Heat Sink Miniaturization - Third-party modeling indicates that applying THERMAL-XR® can reduce heat sink size by up to 39% while maintaining equivalent thermal performance, leading to potential savings in weight and material costs [3][6]. - A heat sink coated with THERMAL-XR® reaches a maximum temperature of 62 degrees Celsius, which is 23% lower than the 80 degrees Celsius maximum of an uncoated heat sink of the same size [3][4]. Market Potential - Global PCB production is projected to reach 530 million square meters annually by 2030, with an expected 5.2 billion units requiring heat sinks for cooling [6]. - If 0.1% of these applications utilize THERMAL-XR®, approximately 26.5 million liters of the coating could be used annually by 2030 [6]. Company Objectives - GMG's critical business objectives include producing graphene, building revenue from energy savings products, developing next-generation batteries, and enhancing supply chain and project execution capabilities [11][13]. Product Overview - THERMAL-XR® is a unique coating system that improves thermal heat transfer on heat exchange surfaces, leveraging the properties of GMG Graphene to enhance efficiency and potentially reduce power consumption [8][9].
Neos S&P 500(R) High Income ETF Harnesses the Power of Options
MarketBeat· 2024-12-11 11:55
Neos S&P 500(R) High Income ETF BATS: SPYI is an interesting play on the S&P 500 benchmarked to the CBOE’s S&P 500 Buy-Write index. The Buy-Write index tracks potential returns from an S&P 500-oriented covered call strategy, which is the SPYI’s primary focus. It is an actively managed fund utilizing proprietary techniques to pinpoint and profit from options activity, including long and short positions. Because the strategy is buy-focused, the fund is also positioned to increase in value in rising markets, a ...
First Patient Treated with Adaptimmune's TECELRA(R) (afamitresgene autoleucel)
Newsfile· 2024-12-02 21:00
First Patient Treated with Adaptimmune's TECELRA(R) (afamitresgene autoleucel)Dosing marks a milestone for first engineered cell therapy approved in the U.S. for a solid tumor cancer, synovial sarcomaDecember 02, 2024 4:00 PM EST | Source: Adaptimmune Therapeutics PLCPhiladelphia, Pennsylvania and Oxford, United Kingdom--(Newsfile Corp. - December 2, 2024) - Adaptimmune Therapeutics plc (NASDAQ: ADAP), a company working to redefine the treatment of solid tumor cancers with cell therapy, today ...
Here's Why Investors Should Retain Ryder Stock Right Now
ZACKS· 2024-11-27 15:40
Ryder’s (R) top line is bolstered by its recent acquisitions of Cardinal and IFS, boosting the company’s performance. The shareholder-friendly approach is encouraging. However, R is grappling with weak liquidity and escalated operating expenses.Factors Favoring RRyder's long-standing commitment to sustainability through initiatives like fleet upgrades, reducing truck idling, and improving route efficiency is commendable. A SmartWay partner since 2006, Ryder has earned the Excellence Award six times, demonst ...
Delivra Health Brands and its Leading Brands Dream Water (R) and LivRelief(TM) Report Financial Results for First Quarter of Fiscal 2025
Newsfile· 2024-11-25 12:10
Delivra Health Brands and its Leading Brands Dream Water (R) and LivRelief(TM) Report Financial Results for First Quarter of Fiscal 2025November 25, 2024 7:10 AM EST | Source: Delivra Health Brands Inc.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) ("Delivra Health" or the "Company"), a consumer packaged goods company in the health and wellness sector, is pleased to announce its financial and operating results for the t ...
GMG Unveils SUPER G(R): A Game-Changing Graphene Solution for the Lithium-Ion Battery Industry
Newsfile· 2024-11-21 13:15
Brisbane, Queensland, Australia--(Newsfile Corp. - November 21, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the launch of SUPER G®, a graphene slurry which can be used to enhance the performance of lithium-ion batteries. This breakthrough product has the potential to reshape the future of energy storage, offering battery manufacturers an innovative solution that optimizes efficiency, power, and longevity.Figure 1To view an enhanced ve ...
GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR(R)
Newsfile· 2024-11-19 13:00
Brisbane, Queensland, Australia--(Newsfile Corp. - November 19, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.SINGAPORE GREEN BUILDING COUNCIL PRODUCT APPROVALThe Singapore Green Building Council has approved THERMAL-XR to be certified as a Singapore Green Building Product (SGBP) under the category of Mechanical - ACMV - Coil Coating. It is the fir ...
Jackpot Digital Orders 100 Additional Jackpot Blitz(R) Units
Newsfile· 2024-11-01 11:01
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (FSE: LVH3) (the "Company" or "Jackpot"), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has placed an order with its manufacturing partner for 100 additional Jackpot Blitz® dealerless electronic poker tables (ETGs). Production of the units will begin immediately.Jackpot CEO, Jake Kalpakian, states "We continue to focus on exp ...
SusGlobal(R) Announces Additional Sales of Carbon Credits and VERRs Generated from Its Belleville Composting Offset Project
Newsfile· 2024-10-29 12:30
● ● . SusGlobal(R) Announces Additional Sales of Carbon Credits and VERRs Generated from Its Belleville Composting Offset Project October 29, 2024 8:30 AM EDT | Source: SusGlobal Energy Corp. Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal" or the "Company"), an environmental, agricultural and industrial biotechnology and renewables company, Leaders in The Circular Economy® today announced that its wholly owned subsidiary SusGlobal Energy Belleville L ...
Ryder Stock Barely Moves Higher Since Q3 Earnings Release
ZACKS· 2024-10-28 18:15
Core Viewpoint - Ryder System, Inc. reported better-than-expected earnings for Q3 2024, leading to a 0.6% increase in share price since the earnings release on October 24, 2024 [1] Financial Performance - Quarterly earnings per share (EPS) were $3.44, exceeding the Zacks Consensus Estimate of $3.39, but down 3.9% year over year due to weaker market conditions in rental and used vehicle sales [2] - Total revenues reached $3.16 billion, falling short of the Zacks Consensus Estimate of $3.36 billion, but improved by 8.3% year over year [3] - Operating revenues of $2.59 million grew by 9% year over year, attributed to recent acquisitions [3] Segmental Results - Fleet Management Solutions generated total revenues of $1.47 billion, down 1% year over year, while operating revenues increased by 1% to $1.28 million due to higher ChoiceLease revenues [4] - Supply-Chain Solutions saw total revenues rise by 10% year over year to $1.31 billion, driven by recent acquisitions [4] - Dedicated Transportation Solutions reported total revenues of $633 million, a 41% increase year over year, with operating revenues up 49% to $486 million, also due to acquisitions [5] Liquidity & Capital Expenditures - Ryder ended Q3 with cash and cash equivalents of $162 million, slightly down from $164 million in the previous quarter, while total debt increased to $7.60 billion from $7.53 billion [6] - The company generated $629 million in net cash from operating activities, with free cash flow at $147 million and capital expenditures of $598 million [6] Outlook - For Q4 2024, Ryder expects adjusted EPS in the range of $3.32-$3.52, with the Zacks Consensus Estimate at $3.69 [7] - The updated guidance for 2024 estimates adjusted EPS between $11.90 and $12.10, with the prior view being $11.90 and $12.40 [7] - Total revenues are anticipated to increase by nearly 7%, down from a prior estimate of 8%, while operating revenues are still forecasted to rise by 8% [8]