Italian Shipbuilder Fincantieri Expects Sales to Double by 2035 on Defense Demand
WSJ· 2026-02-12 12:10
It expects sales to roughly double to $21.37 billion by 2035 as demand for submarines, warships and icebreakers grows, fueled by increasing geopolitical tensions. ...
Rezolve Ai buys fintech firm Reward in $230m deal
Yahoo Finance· 2026-02-12 12:09
Reward's transaction insights and established communication channels will be paired with Rezolve Ai's real- time commerce functions. Both companies have a presence across the UK, Europe, the Middle East, and Asia, and work with global banks and retailers. Rezolve Ai, a provider of AI-based commerce and payments systems, has purchased Reward for $230m to enhance AI-driven banking and commerce. The acquisition will see Reward's customer engagement and commerce media operations combined with Rezolve Ai's conve ...
Amsterdam-based AI firm Nebius to build 240MW data centre near Lille, France
Reuters· 2026-02-12 12:06
Amsterdam-based AI firm Nebius to build 240MW data centre near Lille, France | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 A view shows detail of racks for data servers, GPUs and CPUs inside a Nebius data centre, in Chertsey, Britain, November 6, 2025. REUTERS/Toby Melville[1/2]A view shows detail of racks for data servers, GPUs and CPUs inside a Nebius data centre, in Chertsey, Britain, November 6, 2025. REUTERS/Toby ...
Gilat Receives Over $16 Million Order to Supply SATCOM Systems to a European Ministry of Defense
Globenewswire· 2026-02-12 12:06
Represents Gilat Defense's First Contract with this MoD, Expanding its Presence in support of European Sovereign Defense Programs PETAH TIKVA, Israel, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that Gilat DataPath received an order for over $16 million to supply multiple units of the DKET 3421 transportable terminal to a European Ministry of Defense. Deliveries are ...
Vision Marine Technologies Files Patent Application Covering Structural Integration of High-Voltage Electric Outboard Systems
Prnewswire· 2026-02-12 12:03
Vision Marine Technologies Files Patent Application Covering Structural Integration of High-Voltage Electric Outboard Systems [Accessibility Statement] Skip NavigationMONTREAL, Feb. 12, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), an electric marine technology company specializing in high-voltage marine propulsion, together with its recently acquired retail network, Nautical Ventures, an award-winning Florida-based dealership group, today announced ...
Advanced Drainage Systems Is Doing Great, But That Doesn't Mean Gains Deserve To Flow
Seeking Alpha· 2026-02-12 12:02
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Stablecoin Market 'Ripe For Disruption,' Says Market Commentator, As Tether Rakes In Billions Through Interest On US Treasuries
Yahoo Finance· 2026-02-12 12:01
The Stablecoin market is ripe for disruption: Market commentator The Kobeissi Letter highlighted on Monday the massive scale of Tether (CRYPTO: USDT) in the U.S. treasuries market. Tether's Profit Strategy Via US Treasuries In an X post, Kobeissi Letter said that the "stablecoin market is ripe for disruption," emphasizing how Tether has become the 17th-largest holder of U.S. sovereign debt, totaling roughly $135 billion. This places the company ahead of big economies such as South Korea, Saudi Arabia and Ge ...
Iridium Announces 2025 Results; Issues 2026 Outlook
Prnewswire· 2026-02-12 12:01
Iridium Announces 2025 Results; Issues 2026 Outlook [Accessibility Statement] Skip NavigationMCLEAN, Va., Feb. 12, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium"), a leading provider of global voice, data, and PNT satellite services, today reported financial results for the fourth quarter and full-year 2025 and issued its full-year 2026 guidance.Iridium reported fourth-quarter 2025 total revenue of $212.9 million, which consisted of $158.9 million of service revenue and $54.0 mil ...
ATEX Extends High-Grade Breccia Mineralization by 100 Meters to the North at the B2B Zone
TMX Newsfile· 2026-02-12 12:00
Toronto, Ontario--(Newsfile Corp. - February 12, 2026) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) ("ATEX" or the "Company") is pleased to announce results from ATXD32, the third drill hole completed in the Phase VI program, along with updated and complete results from ATXD26B at the Valeriano Copper-Gold Project ("Valeriano" or the "Project") in the Atacama Region of Chile. Six diamond rigs continue to operate at the Project and have completed 19,800 meters ("m"), representing 80% of the 25,000m Phase ...
Bitdeer Reports Unaudited Financial Results for the Fourth Quarter and Full Year of 2025
Globenewswire· 2026-02-12 12:00
Core Insights - Bitdeer Technologies Group has reported a significant financial turnaround in Q4 2025, achieving a net profit of US$70.5 million compared to a net loss of US$531.9 million in the same quarter of the previous year [5][21][32] - The company is strategically transitioning towards high-performance compute infrastructure and colocation services, anticipating a widening supply/demand imbalance in global AI infrastructure [2][3] - The self-mining operations remain a key component of the business, with a substantial increase in Bitcoin mined and hash rate under management [3][5] Financial Performance - Total revenue for Q4 2025 was US$224.8 million, a significant increase from US$69.0 million in Q4 2024 [5][9] - Cost of revenue rose to US$214.3 million from US$63.9 million, primarily due to higher electricity and depreciation costs [5][14] - Gross profit was US$10.6 million, up from US$5.1 million, with a gross margin of 4.7% compared to 7.4% in the previous year [5][17] Operational Metrics - The total hash rate under management increased to 71.0 EH/s from 21.6 EH/s year-over-year, with self-mining contributing 55.2 EH/s [3][9] - Bitcoin mined through self-mining operations reached 1,673 BTC, a significant increase from 469 BTC in Q4 2024 [5][9] - The number of mining rigs under management grew to 293,000, up from 175,000, with self-owned rigs increasing to 211,000 [3][9] Cash Flow and Balance Sheet - Cash and cash equivalents as of December 31, 2025, were US$149.4 million, down from US$476.3 million a year earlier [5][25] - The company generated net cash from financing activities of US$454.5 million, primarily from convertible senior note issuances [25][34] - Total assets increased to US$2.8 billion from US$1.6 billion year-over-year, reflecting growth in mining rigs and inventories [25][30] Strategic Initiatives - Bitdeer is pursuing a dual-track AI infrastructure strategy, focusing on colocation for large sites while expanding GPU-as-a-service opportunities [2][3] - The company is leveraging its power procurement and infrastructure development capabilities to meet the growing demand for AI compute capacity [2][3] - The operational infrastructure and speed to market are highlighted as competitive advantages in the current market landscape [2][3]