BERKELEY, Calif, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Profusa, Inc. (“Profusa” or the “Company”) (NASDAQ: PFSA), a commercial stage digital health company pioneering the next generation of technology platform enabling the continuous monitoring of an individual’s biochemistry, provides a strategy overview and business update from Chairman and CEO, Ben Hwang, Ph.D. in the following Letter to Shareholders: To our valued shareholders, In the last two months, Profusa has achieved significant milestones, including s ...

Core Insights - The FAA's proposed rules for normalizing Beyond Visual Line of Sight (BVLOS) operations are expected to significantly enhance the deployment of drone applications across various sectors, particularly benefiting Safe Pro Group Inc. and its AI technology [1][5]. Company Overview - Safe Pro Group Inc. is a leader in AI-powered defense and security solutions, focusing on enhancing situational awareness and critical information access for customers in defense, humanitarian aid, law enforcement, and commercial markets [4][9]. - The company operates a fleet of advanced drone platforms for both routine operations and disaster response, positioning itself as a key player in climate resilience and emergency management [6]. Industry Impact - The normalization of BVLOS operations is projected to unlock transformative drone applications in sectors such as agriculture, energy, public safety, emergency response, infrastructure inspection, and logistics [3][5]. - The drone services market was valued at approximately $8.66 billion in 2025 and is anticipated to grow at a CAGR of 14.3%, reaching around $32.96 billion by 2035 [3]. Technological Advancements - Safe Pro's patented AI-powered computer vision technology is capable of rapidly analyzing drone imagery to detect small objects, with proven applications in identifying landmines and unexploded ordnance [7]. - The company’s Safe Pro Object Threat Detection (SPOTD) technology has been battle-tested in Ukraine, analyzing over 1.66 million drone images and identifying more than 28,000 threats across a significant area [7]. Future Prospects - The proposed FAA rules aim to provide greater operational flexibility for drone operators and manufacturers, which is expected to drive rapid growth in the drone services sector and support the development of new AI-powered drone services [5][6].

Core Insights - Catalyst Pharmaceuticals announced that the National Comprehensive Cancer Network (NCCN) Clinical Practice Guidelines for Small Cell Lung Cancer (SCLC) now include new recommendations regarding Lambert Eaton myasthenic syndrome (LEMS) and the use of amifampridine (FIRDAPSE) [1][2] Group 1: NCCN Guidelines Update - The updated NCCN guidelines for SCLC now specify symptoms of LEMS, including proximal muscle weakness and autonomic dysfunction, and recommend diagnosis through neurological evaluation and testing for PQ- and N-type VGCC antibodies [2] - Amifampridine is recommended as a treatment option in consultation with neurology under the principles of supportive care [2] Group 2: LEMS and SCLC Connection - Approximately 50% of LEMS cases are associated with an underlying malignancy, most commonly SCLC, with literature indicating that LEMS is observed in 3% of SCLC patients [3] - An internal healthcare database analysis suggests that potentially 90% of LEMS patients with SCLC remain undiagnosed, which may lead to untreated symptoms during SCLC treatment [3] Group 3: Importance of Early Diagnosis - Early diagnosis of LEMS in SCLC is critical for improving patient outcomes, as effective treatment of LEMS symptoms can enhance the overall management of SCLC [4] - Accurate identification through VGCC antibody testing and comprehensive neurological evaluation is emphasized as essential for patient care [4] Group 4: Company Overview - Catalyst Pharmaceuticals is focused on improving the lives of patients with rare diseases and has a proven track record in bringing life-changing treatments to market [5] - The company prioritizes accessibility and support services to ensure patients receive necessary care, maintaining a strong U.S. presence while exploring global expansion opportunities [5] - Catalyst was recognized on the Forbes 2025 list as one of America's Most Successful Mid-Cap Companies and on the 2024 Deloitte Technology Fast 500™ list as one of North America's Fastest-Growing Companies [5]

Core Insights - Conduent Incorporated reported its Q2 2025 financial results, highlighting progress in Adjusted EBITDA and Adjusted EBITDA margin, with revenue slightly higher sequentially despite an overall year-over-year decline [2][3][4] Financial Performance - Q2 2025 revenue was $754 million, down 8.9% from $828 million in Q2 2024, while Adjusted Revenue decreased by 2.6% to $754 million from $774 million [3][4] - GAAP Net Loss for Q2 2025 was $(40) million compared to a profit of $216 million in Q2 2024, with Adjusted EBITDA increasing by 54.2% to $37 million from $24 million [3][4] - Adjusted EBITDA Margin improved to 4.9%, up 180 basis points from 3.1% in the prior year [3][4] - Cash Flow from Operating Activities improved to $(15) million from $(41) million, and Adjusted Free Cash Flow improved to $(30) million from $(55) million [3][4] Business Developments - New business signings increased year-over-year and sequentially, with an Annual Contract Value (ACV) of $150 million [5][6] - The company is focusing on technology investments and client relationships, particularly in the Transportation segment, which is showing accelerated performance [3][5] - Conduent's liquidity position remains strong, with a $550 million revolving credit facility largely undrawn [5] Strategic Changes - The company is undergoing portfolio rationalization efforts expected to positively impact margins and cash flow, with new leadership bringing industry experience [3][5] - Harsha Agadi has been appointed as the new Chairman of the Board, indicating a strategic pivot towards growth [3][5] Outlook - For FY 2025, Conduent projects Adjusted Revenue between $3.1 billion and $3.2 billion, with an Adjusted EBITDA margin target of 5.0% to 5.5% [8]

Core Points - Abaxx Technologies Inc. will host an investor update call on August 11, 2025, to discuss recent technology pilot initiatives and operational milestones [1][2][3] - The call aims to provide insights into how these initiatives align with Abaxx's commercial strategy and progress in key business areas [2][3] Company Overview - Abaxx Technologies is a financial software and market infrastructure company, and it is the majority shareholder of Abaxx Singapore Pte Ltd., which owns the Abaxx Commodity Exchange and Clearinghouse [1][4] - The company focuses on developing financial technologies that enhance communication, trade, and transaction security [4] Market Infrastructure - Abaxx Exchange provides critical market infrastructure for the transition to a low-carbon economy through centrally-cleared, physically-deliverable futures contracts in various commodities, including LNG, carbon, battery materials, and precious metals [5] - Abaxx Spot modernizes physical gold trading with a physically-backed gold pool in Singapore, enabling secure electronic transactions and efficient OTC transfers [6] Strategic Goals - The company aims to create smarter markets by leveraging better tools, benchmarks, and technology to address significant societal challenges, including the energy transition [3][5]

This marks the first step for ZOOZ to become the first Nasdaq and TASE dual-listed company to adopt Bitcoin as a treasury asset TEL AVIV, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) (“ZOOZ” or the “Company”) today announced the closing of the initial private placement transaction (the “Initial Private Placement”) in the amount of $5 million (prior to deducting offering expenses) as part of a larger $180 million (in the aggregate) private placement with accredited instit ...

Core Insights - Pure Harvest Corporate Group, Inc. has eliminated all remaining debt from its balance sheet, marking a significant milestone in the company's transformation [1][2] - The company is now positioned to accelerate its long-term vision with a renewed focus on growth initiatives and strategic investments aimed at creating lasting value for shareholders [2][3] Financial Restructuring - Following a comprehensive effort to restructure liabilities, Pure Harvest is now debt-free, which enhances its financial foundation and flexibility [2] - The management team has executed a disciplined plan to clean up the capital structure and retire legacy obligations, allowing the company to move forward with confidence [3] Strategic Growth Initiatives - Pure Harvest's management is actively identifying and evaluating strategic acquisition opportunities in high-potential sectors, focusing on scalable operations and proven leadership [3] - The company aims to build a future-forward platform capable of executing its vision and delivering long-term value [4] Company Overview - Pure Harvest Corporate Group, Inc. is a diversified holding company dedicated to strategic acquisitions and innovative solutions across various sectors [4] - The company focuses on identifying and acquiring businesses with high-growth potential, emphasizing sustainable operations and scalable business models [4]

Core Viewpoint - FLUENT Corp. announces the resignation of CEO Robert Beasley, effective August 8, 2025, as part of a mutual decision to facilitate a leadership change for the company's strategic priorities [1][2]. Company Overview - FLUENT is a national cannabis consumer packaged goods company and retailer, committed to operational excellence in cultivation, production, distribution, and retail experience [3]. - The company operates in Florida, New York, Pennsylvania, and Texas, employing over 700 staff across 8 cultivation and manufacturing facilities and 42 active retail locations [3]. - FLUENT produces a diverse portfolio of cannabis products under brands such as MOODS, Knack, Wandr, Bag-O, and Hyer Kind [3]. Leadership Transition - William Smith, Executive Chair of the Board, expressed gratitude for Robert Beasley's leadership and contributions, emphasizing the company's readiness for future growth [2]. - David Vautrin, former Chief Commercial Officer, will serve as Interim Chief Executive Officer starting August 8, 2025, while the search for a permanent CEO begins [2].

Core Insights - IREN Limited reported record monthly revenue of $86 million and hardware profits of $66 million in July 2025, driven by strong Bitcoin mining economics and demand for AI Cloud services [7][5][11] Bitcoin Mining Performance - Average operating hashrate increased to 45.4 EH/s in July from 41.1 EH/s in June [4] - Total Bitcoin mined rose to 728 BTC in July, up from 620 BTC in June [4] - Revenue per Bitcoin mined increased to $114,891 from $105,730 [4] - Net electricity cost per Bitcoin mined was $27,976, compared to $26,259 in June [4] - Total revenue from Bitcoin mining reached $83.6 million, up from $65.5 million in June [4] - Hardware profit from Bitcoin mining was $63.3 million with a profit margin of 76%, slightly up from 75% in June [4] AI Cloud Services - Revenue from AI Cloud services was $2.3 million, a slight increase from $2.2 million in June [6] - Hardware profit for AI Cloud services was $2.3 million with a consistent profit margin of 98% [6] - The company expanded its AI Cloud capabilities with the addition of 2,400 NVIDIA B200/B300 GPUs and completed the initial shipment of B200 GPUs [5][11] Infrastructure and Growth Initiatives - The 50MW Horizon 1 liquid-cooled AI data center is on track for completion in Q4 2025 [5] - Mackenzie fiber upgrade has been completed, enhancing network redundancy and supporting AI Cloud growth [5][11] - Civil and electrical works for the 1,400MW Sweetwater 1 project are ongoing [5] Management Commentary - Management highlighted the adaptability of their infrastructure to run ASICs and GPUs side-by-side, capturing market opportunities [8] - The company is experiencing accelerating interest in newly procured Blackwell GPUs, with significant contracts already in place [8][11]

Company Overview - Stack Capital Group Inc. reported its financial results for the quarter ended June 30, 2025, with all amounts in Canadian Dollars [1] - The Company aims to invest in growth-to-late-stage private businesses, providing shareholders with exposure to a diversified private investment portfolio [7] Financial Performance - As of June 30, 2025, the Book Value of the Company was $157.6 million, and the Book Value per Share was $14.34, an increase from $12.06 as of March 31, 2025 [3][5] - The Company marked up its investment in CoreWeave by US$25.7 million, reflecting a closing price of US$163.06 [5] - An additional US$3 million was invested in SpaceX during Q2-2025, with SpaceX's valuation increasing from US$350 billion to US$400 billion post-quarter [5] Investment Portfolio - The breakdown of Book Value per Share as of June 30, 2025, includes significant investments in various companies: - CoreWeave, Inc. (AI hyper-scaler): $4.25 - SpaceX: $2.47 - Locus Robotics, Inc. (autonomous robots): $1.26 - Canva, Inc. (graphic design): $1.23 - Omio, Inc. (travel & leisure): $1.05 - Hopper, Inc. (travel & leisure): $1.03 - Newfront Insurance, Inc. (insurance & benefits): $1.02 - Prove Identity, Inc. (cyber-security): $0.98 - Bolt Financial, Inc. (e-commerce): $0.48 - Shield AI, Inc. (military defense): $0.39 - Varo Money, Inc. (neo-banking): $0.13 - Cash: $0.50 - Net other assets: $(0.45) [4] Market Environment - The CEO of Stack Capital noted a robust IPO environment and strong momentum in private markets, particularly among disruptive companies in AI, LLMs, and robotics [3] - The Company remains focused on backing category-leading businesses that can deliver long-term value for shareholders [3]