Foresight, KONEC and GINT Collaborate on Prototype Development for Autonomous Tractors Toward Mass Production
Globenewswire· 2025-08-11 12:53
Core Insights - Foresight Autonomous Holdings Ltd. has signed a three-way agreement with KONEC Ltd. and GINT Ltd. to develop an autonomous control system for tractors, leveraging Foresight's 3D perception technology [1][2] - The collaboration aims to generate up to $35 million in revenue by 2030, with initial sales expected as early as 2026 [2][3] - The first phase will focus on developing a prototype of Foresight's ScaleCam system integrated with GINT's autonomous tractor kit "Pluva Auto," followed by validation and mass production [3][4] Company Overview - Foresight Autonomous Holdings Ltd. specializes in advanced 3D perception systems and cellular-based applications, with subsidiaries focused on various automotive and safety technologies [7][8] - KONEC Ltd. is a leading Tier-One automotive supplier known for manufacturing parts for eco-friendly vehicles and has major clients including Tesla, Hyundai, and Kia [5] - GINT Ltd. develops technologies for enhancing efficiency in transportation and production equipment, offering South Korea's top-selling autonomous driving tractor kit [6]
Havila Kystruten AS: Trading Update for July 2025
Globenewswire· 2025-08-11 12:38
Core Insights - The company reported a significant increase in occupancy and revenue metrics for July, indicating strong operational performance and positive market trends [2] Booking Position - As of now, 66% of the 2025 capacity is booked, which corresponds to approximately 88% of the full-year targeted cabin nights [2] - For 2026, 27% of the capacity is already booked, with ACR exceeding the same time last year by more than 10% [2] Revenue Growth - Occupancy in July reached 82%, marking a 4% increase compared to the previous year [2] - Average Cabin Revenue (ACR) saw an approximate 15% increase compared to July 2024 [2] - Total ticket revenue grew by over 30% year-over-year, with ticket revenue for shorter voyages increasing by more than 40% [2] - ACR is currently more than 20% above the same time last year for the full year [2] - Forward bookings are expected to support continued revenue growth and EBITDA margin expansion into 2026 [2]
Fold Launches Bitcoin Gift Card on Giftcards.com, Expanding Bitcoin Access Across the Nation's Largest Online Gift Card Marketplace
Globenewswire· 2025-08-11 12:30
PHOENIX, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals and businesses to earn, save, and spend bitcoin through everyday financial tools, today announced that the Fold Bitcoin Gift Card™ is now available on Giftcards.com, the largest digital gift card retailer in the U.S. and a key platform within Blackhawk Network’s (BHN’s) expansive payments ecosystem. This launch gives Fold access to one of ...
Fluent, Inc. to Attend 45th Annual Canaccord Genuity Growth Conference
Globenewswire· 2025-08-11 12:30
Company Overview - Fluent, Inc. is a leader in commerce media, connecting top-tier brands with highly engaged consumers through exclusive ad inventory and robust first-party data [3] - The company utilizes proprietary machine learning to unlock additional revenue streams for partners and empower advertisers to acquire valuable customers at scale [3] - Founded in 2010, Fluent specializes in performance marketing to drive monetization and increase engagement throughout the customer journey [3] Upcoming Event - Don Patrick, the CEO of Fluent, will attend the 45th Annual Canaccord Genuity Growth Conference on August 13, 2025, at the InterContinental Boston [1] - Mr. Patrick will participate in a fireside chat at 12:00pm ET and will be available for one-on-one meetings throughout the day [1] Webcast Information - A live webcast of the fireside chat will be available at a specified link, with a replay accessible after the event [2]
Veru Announces Selection of Novel Modified Release Oral Enobosarm Formulation for Chronic Weight Loss Management Following Pharmacokinetic Clinical Study
Globenewswire· 2025-08-11 12:30
Core Insights - Veru Inc. has selected a novel modified release oral formulation of enobosarm for chronic weight loss management after confirming pharmacokinetic endpoints in a clinical study [1][2] - The new formulation aims to improve the pharmacokinetic profile of enobosarm, including reduced maximum plasma concentration and delayed time to maximum plasma concentration [2][3] - The formulation is protected by a robust patent estate, with existing patents extending through 2037 and new applications potentially extending to 2046 [3] Company Overview - Veru Inc. is a late clinical stage biopharmaceutical company focused on innovative medicines for cardiometabolic and inflammatory diseases, with enobosarm and sabizabulin as key drug candidates [4] - Enobosarm is a selective androgen receptor modulator being developed to enhance fat loss while preserving lean mass, particularly in older patients [4][5] Clinical Development - The Phase 2b QUALITY clinical study showed positive results for enobosarm in augmenting fat loss and preventing muscle loss in older patients receiving semaglutide [5][6] - The maintenance extension study confirmed that enobosarm significantly reduced body weight regain and preserved lean mass after discontinuation of semaglutide [6][7] - The company has been granted an FDA meeting to discuss its Phase 3 program for enobosarm [8] Collaboration and Technology - The novel formulation was developed in collaboration with Laxxon Medical, utilizing proprietary SPID-Technology for advanced oral delivery profiles [3][4] - Laxxon Medical is recognized for its innovative drug delivery systems and holds a significant patent portfolio, enhancing the commercialization potential of the new formulation [9][10][12]
General Timothy Ray, USAF (ret) Joins Critical Metals Corp’s Advisory Board
Globenewswire· 2025-08-11 12:30
Core Insights - Critical Metals Corp has formed a new Advisory Board, including General Tim Ray, to support its strategic development in critical minerals projects [1][2] - The company is advancing the Tanbreez project in southern Greenland, which is positioned to enhance North America's and Europe's security by reducing reliance on China for rare earth elements [2][4] - General Ray brings extensive military experience and strategic insights to the company, focusing on transatlantic defense cooperation [3][4] Company Overview - Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals essential for electrification and next-generation technologies [4][6] - The flagship Tanbreez project is one of the world's largest rare earth deposits, located in southern Greenland, with year-round shipping access via deep water fjords [4][6] - Another significant asset is the Wolfsberg Lithium Project in Austria, which is the first fully permitted mine in Europe and is expected to be a major producer of lithium products for the European market [5][6] Strategic Positioning - The company aims to become a reliable and sustainable supplier of critical minerals for defense applications and the clean energy transition [6] - The strategic location of the Tanbreez asset is expected to meet NATO and U.S. needs, enhancing the company's role in the broader security enterprise [4]
SEALSQ Unveils SEALQuantum.com Innovation Lab Progress, Expanding into AI to Anticipate the Convergence with Quantum and Cybersecurity
Globenewswire· 2025-08-11 12:30
Geneva, Switzerland, Aug. 11, 2025 (GLOBE NEWSWIRE) -- With a total $30 Million investment capacity, SEALSQ shares strategic updates on ColibriTD and IC’Alps SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a leading provider of Semiconductors, PKI, and Post-Quantum technology hardware and software products, today unveiled the progress of its SEALQuantum.com Lab, a next-generation research and development hub focused on the convergence of quantum computing, and cybersecurity now Expanding into artificia ...
TRUNNANO High Purity Chromium Oxide Powder: Injecting New Momentum Into High-end Manufacturing
Globenewswire· 2025-08-11 12:30
Core Insights - TRUNNANO has launched High-Purity Chromium Oxide Powder (Cr₂O₃), which offers superior thermal stability, corrosion resistance, and catalytic performance for various applications [1][7] - The development of this product represents a significant advancement in nanotechnology, overcoming challenges related to purity and stability [3][4] Product Development - Achieving >99.9% purity with minimal particle agglomeration was a key challenge, addressed through a proprietary gas-phase synthesis process [4] - The final product maintains exceptional performance in high-temperature and corrosive environments, making it suitable for aerospace, semiconductor, and advanced coating industries [4] Technical Specifications - The High-Purity Chromium Oxide Powder has a molecular formula of Cr₂O₃ and meets stringent purity standards, with Fe₂O₃, SiO₂, and moisture levels all ≤0.2% [5] - The product's bulk density ranges from 0.6-0.8 g/cm³, with a D50 particle size of 0.5-1 µm [5][6] Company Vision - CEO Roger Luo emphasized the transformative potential of the new product, positioning it as a catalyst for next-generation industrial advancements [7] - TRUNNANO is committed to pushing the boundaries of material science, aiming to enhance the efficiency and lifespan of industrial components [7] Company Background - TRUNNANO is a high-tech enterprise based in Luoyang, China, focusing on the research, development, and production of nanomaterials and specialty chemicals [9] - The company boasts a strong R&D team with multiple PhDs and senior engineers, dedicated to providing high-quality chemical solutions [9]
Amaze Forms Strategic Partnership with Parler Cloud Technologies, the Parent Company of Pulse, and Announces $6 Million Above-Market Investment by Parler
Globenewswire· 2025-08-11 12:30
Core Insights - Amaze Holdings, Inc. has announced a strategic partnership with Parler Cloud Technologies to integrate its e-commerce platform into Parler's social media ecosystem, enhancing creator monetization opportunities [1][2] - Parler is making a significant investment in Amaze, purchasing one million shares at $6 per share and acquiring warrants for an additional one million shares at $7.50 per share, totaling a potential investment of $13.5 million [3][4] Company Overview - Amaze is positioned as a leader in creator-powered commerce, providing tools for product creation and advanced e-commerce solutions, enabling creators to sell products and generate income [5] - Parler Cloud Technologies specializes in next-generation cloud infrastructure, offering services such as private cloud hosting and blockchain-powered digital ecosystems [6] Strategic Partnership Details - The partnership will allow creators to sell products directly through Parler's platforms, including PlayTV and Parler.com, aligning with the trend of integrating social media and e-commerce [2][4] - The integration is expected to be completed by the end of the year, with Amaze serving as Parler's primary e-commerce partner [4]
Callinex to Change Name to Visionary Copper and Gold Mines Inc.
Globenewswire· 2025-08-11 12:30
Company Overview - Callinex Mines Inc. plans to change its name to "Visionary Copper and Gold Mines Inc." to better reflect its commitment to sustainable mining and value creation through the discovery and development of copper and gold mines in Canada [1][2] - The new stock symbol is anticipated to be "VCG," with the name change expected to occur in early September 2025 [3] Shareholder Information - Existing shareholders will not need to exchange their share certificates, and the name change will not affect the company's share structure or shareholder rights [4] Mineral Resource Highlights - The company has a portfolio that includes the Point Leamington Deposit, which has an Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [5] - The Inferred Mineral Resource at Point Leamington is 13.7 million tonnes grading 2.24 g/t AuEq, totaling 986,500 ounces AuEq [5] - The Rainbow deposit at the Pine Bay Project has an Indicated Mineral Resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [5] - The Nash Creek Project has a pre-tax IRR of 34.1% and an NPV8% of $230 million at a zinc price of $1.25 [5]