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Navitas, Cyient Semiconductors Enter into a Strategic Partnership to Accelerate GaN Adoption in India’s AI, Mobility, Industrial, and Energy Markets 
Globenewswire· 2025-12-08 13:30
Navitas, Cyient Semiconductors Enter into a Strategic Partnership to Accelerate GaN Adoption in India’s AI, Mobility, Industrial, and Energy Markets The partnership seeks to build a robust local supply chain and manufacturing ecosystem in support of the Indian Government’s “Make in India” initiative. In addition, through this partnership Navitas and Cyient Semiconductor aims to deploy IC technology in accelerating solution development for high voltage and high-power markets. TORRANCE, Calif. and HYDERA ...
American Rebel Holdings, Inc. (NASDAQ: AREB) Announces Additional Expansion of Pennsylvania Distribution Footprint for American Rebel Light Beer with Banko Beverage Company
Globenewswire· 2025-12-08 13:30
Core Insights - American Rebel Holdings, Inc. has announced a strategic distribution partnership with Banko Beverage Company to expand the distribution of American Rebel Light Beer in Pennsylvania [1][6][17] - The partnership with Banko Beverage marks the fourth top-tier distributor in Pennsylvania and the seventh new wholesaler added in a short period, indicating rapid growth in distribution [2][5] - The company aims to leverage its distribution-first strategy to achieve full national coverage by 2026, emphasizing aggressive market penetration and partnerships with respected distributors [4][6][17] Company Overview - American Rebel Holdings, Inc. is positioned as "America's Patriotic Brand" and has expanded into the $110 billion domestic premium beer market with American Rebel Light Beer [6][16] - The beer is marketed as a premium domestic light lager with approximately 100 calories, 3.2g of carbohydrates, and 4.3% ABV per 12 oz serving, crafted without common additives found in mass-produced beers [14][15] - The company has secured distribution in 17 states and continues to grow its network through partnerships with family-owned wholesalers [15] Distributor Profile - Banko Beverage Company, founded in 1933, is a family-owned wholesaler recognized for its excellence and community involvement, servicing over 1,000 establishments across 10 counties in the Greater Lehigh Valley [7][8][13] - The company has a strong portfolio, representing iconic brands such as Miller, Yuengling, Heineken, and Guinness, and has received the MillerCoors President's Award for outstanding distributor performance [13][22] - Banko's modern facilities and logistical capabilities support efficient distribution, enhancing American Rebel Light Beer’s market presence in Pennsylvania [8][22] Market Strategy - The company’s distribution-first strategy is gaining momentum, with significant leads generated from the 2025 NBWA Convention, resulting in rapid conversion to signed partnerships [4][5] - American Rebel is focused on executing its strategy to dominate the Pennsylvania market, with a clear intent to expand aggressively into other states [6][17] - The brand's patriotic positioning aligns with community values, enhancing its appeal and marketability [22]
CytoDyn to Showcase PD-L1 Upregulation and Improved Survival in Metastatic Triple Negative Breast Cancer at the San Antonio Breast Cancer Symposium
Globenewswire· 2025-12-08 13:30
Leronlimab treatment is associated with upregulation of PD-L1 in circulating tumor cells and cancer-associated macrophage-like cells Remarkably longer survival was observed in patients treated with leronlimab in combination with or followed by an immune checkpoint inhibitor VANCOUVER, Washington, Dec. 08, 2025 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTCQB: CYDY) ("CytoDyn" or the "Company"), a clinical-stage oncology company advancing leronlimab, a first-in-class humanized monoclonal antibody targeting the CCR5 r ...
Virco Reports Loss of $1.3 Million in Third Quarter as Cyclical Decline Begins to Slow
Globenewswire· 2025-12-08 13:30
Revenue through Nine Months Down 27.0% to $173.5 MillionNet Income through Nine Months is $9.6 MillionKey Balance Sheet Metrics Continue to Improve as Current Ratio Reaches 3.98Backlog Pulls Nearly Even on YOY Basis as Order Rates Begin to StabilizeBoard Declares Quarterly Cash Dividend of $0.025 per Share, Payable January 9, 2026 to Shareholders of Record as of December 19, 2025 TORRANCE, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), a leading manufacturer and supplier of ...
Moleculin Announces New Annamycin Collaboration in Brain Tumors
Globenewswire· 2025-12-08 13:21
Investigator-Initiated Preclinical studies at CIC biomaGUNE aimed at combatting Glioblastoma Multiforme Research will evaluate effects of intra-arterial delivery of Annamycin HOUSTON, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (“Moleculin” or the “Company”), a late-stage pharmaceutical company with a broad portfolio of drug candidates targeting hard-to-treat cancers and viral infections, today announced it has entered into a research and material transfer agreement with CIC ...
Dundee Corporation Announces Sale of New Found Gold Corp. Units for Up to C$159.1 Million
Globenewswire· 2025-12-08 13:21
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce that it has entered into an agreement with BMO Capital Markets Inc. and SCP Resource Finance LP (together, the “Dealers”) to sell 24,480,000 units (the “Units”) at a price of C$4.00 per Unit to ...
American Rare Earths Appoints Mark Wall as Chief Executive Officer to Lead Next Phase of U.S. Growth
Globenewswire· 2025-12-08 13:17
Core Viewpoint - American Rare Earths has appointed Mark Wall as the new CEO, effective January 5, 2026, to lead the company in its transition from an explorer to a U.S. producer of rare earth elements [1][2]. Company Developments - Mark Wall brings over 30 years of global mining experience, including senior leadership roles in major mining companies, which aligns with the company's goals [2]. - The company has achieved significant milestones, including an upgraded mineral resource estimate for the Cowboy State Mine and advancements in impurity removal processes [3]. - American Rare Earths is advancing a pre-feasibility study and planning a demonstration plant to validate its processing flowsheet [4][5]. Strategic Focus - Under Wall's leadership, the company will focus on completing the Halleck Creek prefeasibility study, advancing the demonstration plant, and leveraging relationships for non-dilutive funding opportunities [5][6]. - The company is also preparing for a potential U.S. listing to broaden its investor base and reflect its U.S. project footprint [5][6]. Project Significance - The Halleck Creek project is positioned to reduce U.S. reliance on rare earth imports, particularly from China, and is essential for national defense and economic security [9]. - The project benefits from cost-efficient open-pit mining methods and streamlined permitting processes in Wyoming, enhancing its potential for securing America's critical mineral independence [8][9].
ASUS Republic of Gamers Announces CES 2026 ROG — Dare to Innovate Virtual Launch Event
Globenewswire· 2025-12-08 13:15
Core Insights - ASUS Republic of Gamers (ROG) is set to unveil new gaming innovations at the CES 2026 virtual launch event on January 5, 2026 [3] - The event commemorates ROG's 20th anniversary, highlighting two decades of innovation and community-driven progress in gaming technology [4] - The upcoming product lineup includes next-level gaming systems, revolutionary cooling solutions, and high-clarity displays, featuring world-first technologies [5] Company Overview - ROG is an ASUS sub-brand established in 2006, dedicated to creating high-performance gaming hardware and software [8] - The brand is known for its innovative products, including motherboards, graphics cards, laptops, desktops, and gaming peripherals, and has a strong presence in international gaming events [8] Event Details - The CES 2026 ROG event will be streamed globally on YouTube, allowing gamers and enthusiasts to witness the future of gaming [6] - A hands-on demonstration of ROG products will be available at the ASUS & ROG CES 2026 Media Showroom in Las Vegas from January 5 to January 8, 2026 [5][6]
Treasure Global Updates 2026 Revenue Outlook: Targeting 1,500% Growth Through Fintech and Digital Asset Expansion
Globenewswire· 2025-12-08 13:15
Core Insights - Treasure Global Inc. has updated its full-year 2026 revenue target to approximately USD 3 million, reflecting a projected revenue increase of over 1,500% for the remainder of 2026 compared to Q1 2026 revenues of USD 182,527, driven by the adoption of its fintech and digital asset ecosystem [1][2][9] Revenue Growth Drivers - The updated revenue target is a significant increase from the previous target of approximately USD 1 million announced on December 1, 2025, due to a strengthened capital plan and increased visibility into the commercialization of the OXI wallet and other initiatives [2] - The OXI wallet is set for a market launch in the first half of 2026, expected to manage up to USD 10 billion in user-held digital assets in its first year, generating revenue from various fee-based services [4] - Treasure Global has secured an exclusive partnership to manage 200 million UNIRWA tokens, which could represent up to USD 100 million in underlying assets, contributing to revenue through management and transaction fees [5] - The proposed acquisition of a 51% equity interest in Quarters Elite, managing approximately USD 150 million in client assets, is expected to enhance distribution channels and support recurring revenue streams [6][7] Strategic Initiatives - The combination of the OXI wallet, UNIRWA token initiative, and Quarters Elite acquisition aims to create a connected fintech and digital asset ecosystem, driving revenue growth and diversifying the company's income base [7] - Management emphasizes the scalability and earnings potential of the evolving ecosystem, with a focus on disciplined execution and sustainable growth [8][9] Operational Enhancements - A recent 1-for-20 reverse stock split has been completed to strengthen the per-share price and align with Nasdaq listing requirements, part of ongoing efforts to optimize capital structure [3] - The company is committed to operational efficiency and strategic expansion across fintech and e-commerce verticals to achieve its updated revenue targets [9]
Syntec (Nasdaq: OPTX) Receives a New $1.9 Million Space Optics Order for Delivery in Next 3 Months; Building upon $2.6 Million Shipments in 2025
Globenewswire· 2025-12-08 13:15
Core Viewpoint - Syntec Optics Holdings, Inc. has secured a new order worth approximately $1.9 million for Low Earth Orbit (LEO) satellite optics, indicating strong demand and operational execution in the space optics sector [1][2][4]. Company Performance - From January to November 2025, Syntec Optics shipped over $2.6 million in space optics, showcasing its transition from development to large-scale production [2][4]. - The company has experienced a compounding trend in order volume for its space optics, with projections to nearly triple deliveries in 2026 if the current rate is sustained [3][4]. Market Demand - The demand for LEO satellite optics is increasing at an accelerated pace, driven by customer needs to scale their satellite constellations [4]. - Goldman Sachs estimates that the satellite market could grow from $15 billion to $108 billion by 2035, while Morgan Stanley forecasts the global space economy will reach $1 trillion by 2040 [5]. Strategic Positioning - Syntec Optics has established itself as a critical partner in the space economy, providing lightweight, high-precision optics essential for satellite communications and earth observation [4]. - The company's vertically integrated manufacturing platform has enabled it to maintain high yields while increasing production volume, which is crucial for securing repeat orders from industry leaders [4].