FTC Solar Announces 1GW Tracker Agreement with Levona Renewables
Globenewswire· 2025-08-26 12:04
Core Insights - FTC Solar, Inc. has entered into an agreement with Levona Renewables to supply solar trackers and software for one gigawatt of solar projects starting in early 2026 [1][2] - The first project under this agreement, CT Solar One, will be a 140-megawatt facility in Snyder, Texas, with construction expected to begin in early 2026 [2] - The overall site development will include additional projects, CT Solar Two and CT Solar Three, adding approximately 650 megawatts [2] Company Overview - FTC Solar, founded in 2017, specializes in solar tracker systems, technology, software, and engineering services, enhancing energy production by optimizing solar panel orientation [4] - The company offers a robust product lineup, including high-wind and terrain-following trackers, along with performance-enhancing software [3][4] Partnership Dynamics - Levona Renewables has praised FTC Solar for its collaborative approach and expertise, which has added significant value to their development projects [3] - The partnership aims to optimize site layout, energy yield, and construction efficiency, minimizing civil costs [3]
Sysco to Webcast Presentation at: Barclays 18th Annual Global Consumer Staples Conference and Wells Fargo 8th Annual Consumer Conference
Globenewswire· 2025-08-26 12:03
Core Insights - Sysco Corporation will webcast its presentations at two upcoming conferences: Barclays 18th Annual Global Consumer Staples Conference on September 3 at 11:15 a.m. ET and Wells Fargo 8th Annual Consumer Conference on September 16 at 8:00 a.m. PST [1][2] Company Overview - Sysco is the global leader in selling, marketing, and distributing food and related products to customers who prepare meals away from home, including restaurants, healthcare facilities, and educational institutions [3][4] - The company operates 337 distribution centers across 10 countries, employing 75,000 colleagues and serving approximately 730,000 customer locations [3] - Sysco generated sales exceeding $81 billion in fiscal year 2025, which ended on June 28, 2025 [3] Business Model and Offerings - As the largest food-away-from-home distributor, Sysco provides customized supply chain solutions, specialty product offerings, and culinary support to help customers innovate and optimize operations [4] - The company acts as a trusted business partner, offering a portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment, supplies, and innovative culinary solutions [4]
Incannex Reports Positive Results from Phase 2 Clinical Trial of PSX-001 (Psi-GAD) for Generalised Anxiety Disorder
Globenewswire· 2025-08-26 12:00
Psi-GAD delivers statistically significant and clinically meaningful improvements across validated measures of anxiety, mood, disability, and quality of life; results establish PSX-001 as a leading psilocybin-assisted therapy in development globallyMELBOURNE, Australia and NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL) (“Incannex” or the “Company”) is pleased to report positive data from its Phase 2 clinical trial of PSX-001 (formerly Psi-GAD), a psilocybin-assisted psyc ...
Magnite Rolls Out Pause Ads as Streaming Media Owners Embrace Next-Gen Ad Formats
Globenewswire· 2025-08-26 12:00
Core Insights - Magnite has announced the introduction of Pause Ads across major streaming platforms, enhancing its high-impact ad solutions to meet the increasing demand for performance-driven advertising experiences [1][2] - Pause Ads are designed to engage viewers during natural breaks in content, particularly effective in live viewing scenarios, thereby creating a new class of high-value ad inventory without disrupting the viewer experience [2][3] Company Overview - Magnite is the largest independent sell-side advertising company, providing technology for publishers to monetize content across various formats including CTV, online video, display, and audio [4] - The company operates globally with offices in key locations such as New York City, Los Angeles, London, Singapore, and Sydney, facilitating billions of advertising transactions each month [4] Industry Context - The introduction of Pause Ads is expected to unlock significant revenue opportunities for media owners as the connected TV (CTV) ecosystem continues to mature, reflecting a shift towards more effective engagement strategies for streaming audiences [3] - The integration of Pause Ads into programmatic buying is seen as a way to enhance the value for both traditional TV and digital advertisers in a fragmented streaming marketplace [3]
DIRTT Announces Normal Course Issuer Bid for Debentures
Globenewswire· 2025-08-26 12:00
Core Viewpoint - DIRTT Environmental Solutions Ltd. has announced the renewal of its normal course issuer bid (NCIB) for its convertible unsecured subordinated debentures, allowing the company to repurchase a specified amount of its debentures under certain conditions [1][2]. Group 1: NCIB Details - The renewed NCIB will allow DIRTT to acquire up to C$1,656,900 principal amount of January Debentures and C$1,493,500 principal amount of December Debentures, representing 10% of the total public float of each series [2]. - The NCIB for the December Debentures is set to terminate on August 27, 2026, while the NCIB for the January Debentures will terminate on January 31, 2026 [1]. - DIRTT will not purchase more than C$99,092 principal amount of January Debentures or C$350,552 principal amount of December Debentures on any given trading day [2]. Group 2: Previous NCIB Performance - Under the previous 2024 NCIB, DIRTT sought approval to purchase C$1,664,200 principal amount of January Debentures and C$1,558,700 principal amount of December Debentures, having purchased C$73,000 and C$652,000 of each, respectively [3]. Group 3: Repurchase Plans - DIRTT plans to enter into an issuer repurchase plan agreement (IRPA) and an automatic repurchase plan agreement (ARPP) to facilitate purchases under the NCIB [4]. - The ARPP will allow DIRTT to make purchases during regulatory restrictions or blackout periods, with the designated broker determining the timing and amount of such purchases [4]. Group 4: Company Overview - DIRTT is a leader in industrialized construction, providing a system of physical products and digital tools for adaptable interior environments across various sectors including workplace, healthcare, and education [5][6].
GrowGeneration Partners with Arett Sales to Expand Nationwide Distribution of Proprietary Cultivation Brands
Globenewswire· 2025-08-26 12:00
Core Insights - GrowGeneration Corp. has announced a strategic partnership with Arett Sales to expand its distribution network for organic fertilizers and sustainable growing media across the U.S. [1][2] - The collaboration will enhance GrowGeneration's wholesale and B2B strategy, allowing its proprietary brands to reach thousands of new retail locations [1][3] Company Overview - GrowGeneration is the largest specialty hydroponic and organic gardening retailer in the U.S., offering a wide range of products including nutrients, additives, and proprietary brands [4] - The company operates an online superstore and a wholesale business for resellers, as well as a storage solutions business [4] Partnership Details - Arett Sales will distribute GrowGeneration's proprietary product lines through its extensive network serving independent garden centers, hardware stores, and nurseries across 32 states [2][3] - The partnership includes support through merchandising, marketing campaigns, and trade shows, aimed at enhancing retail access and driving growth [3] Market Impact - This partnership is expected to significantly increase GrowGeneration's retail footprint in the lawn and garden sector, providing innovative and sustainable solutions to a broader market [3] - Arett Sales, with over 650,000 square feet of warehousing, will facilitate daily deliveries and store-level service, enhancing distribution efficiency [2][6]
Bitcoin Depot Taps Fintech Executive Alex Holmes for Board of Directors
Globenewswire· 2025-08-26 12:00
Core Insights - Bitcoin Depot has appointed Alex Holmes, a seasoned expert in payments and compliance, to its Board of Directors and Audit Committee, effective August 20, 2025, to guide the company through the evolving crypto landscape [1][2]. Company Overview - Bitcoin Depot, founded in 2016, aims to connect cash users to the digital financial system, allowing for easy conversion of cash to Bitcoin through its kiosks located in 47 states and thousands of retail locations [4]. - The company holds the largest market share in North America with over 9,000 kiosk locations as of June 2025 [4]. Leadership and Expertise - Alex Holmes brings over 25 years of experience in financial services, having previously served as Chairman and CEO of MoneyGram International, where he led significant transformations and compliance initiatives [2]. - Under Holmes' leadership, MoneyGram was recognized as one of the Best Places to Work and underwent a $2 billion acquisition by Madison Dearborn Partners in 2023 [2]. Strategic Vision - Holmes expressed enthusiasm for supporting Bitcoin Depot's mission to enhance accessibility and compliance in the Bitcoin ATM sector, aiming to bring cryptocurrency to a broader audience [3].
AgEagle Aerial Systems Colombian Partner Secures Certification for eBee VISION Training
Globenewswire· 2025-08-26 12:00
Core Insights - Aeronáutica Civil de Colombia (CAA) has certified eCompass S.A. as the first company to provide advanced training for the eBee VISION drone, enhancing its operational capabilities in Colombia [1][2][3] Group 1: Certification and Training - The certification allows eBee VISION operators to receive advanced training in high-level operations, including Beyond Visual Line of Sight (BVLOS) and night flights, which are essential for Intelligence, Surveillance, and Reconnaissance (ISR) missions [2][4] - eCompass S.A. has been AgEagle's exclusive distributor in Colombia since 2020, supplying various drone models to meet the demand for unmanned aerial systems (UAS) [3] Group 2: Drone Capabilities - The eBee VISION drone is recognized for its unmatched ISR capabilities, enabling long-range BVLOS missions and high-precision data collection, which enhances safety and efficiency across diverse applications [4] - The drone has been listed as Blue UAS Cleared, indicating it has been vetted and approved by the U.S. Department of Defense for secure use in sensitive operations [4] Group 3: Company Vision and Impact - AgEagle Aerial Systems Inc. aims to transform industries through advanced UAS technology, with a focus on innovation, security, and efficiency across various sectors in Colombia [3][6]
Jupiter Neurosciences Launches Nugevia™ Website and Opens Pre-Orders for Groundbreaking Longevity Supplements
Globenewswire· 2025-08-26 12:00
Core Insights - Jupiter Neurosciences, Inc. is launching its Nugevia e-commerce platform and three nutraceutical supplements, marking a significant expansion into the longevity market valued at $8 trillion [2][3][4] - The Nugevia product line utilizes the patented JOTROL resveratrol delivery platform, which has shown a nine-fold increase in bioavailability, aiming to bring pharmaceutical-grade science to the consumer health sector [3][11] - The launch is seen as a pivotal moment for the company, establishing a new revenue stream that supports ongoing research and development while enhancing financial flexibility [4][5] Company Strategy - Jupiter Neurosciences is executing a dual-path business model that focuses on both CNS therapeutic programs and the consumer longevity market [3][8] - The introduction of Nugevia is intended to create a capital-efficient growth engine, allowing the company to leverage its clinical research for consumer products [4][5] - The company aims to build a diversified and sustainable business that complements its pharmaceutical pipeline [4] Product Details - The Nugevia product line includes Nugevia GLO for skin vitality, Nugevia PWR for mitochondrial health, and Nugevia MND for cognitive support, all utilizing the JOTROL technology [9][12] - Pre-orders for the products are available on the Nugevia website, with shipping expected to start in Fall 2025 [7] Brand Ambassadors - Annika Sörenstam and Chris Webber have been appointed as the first brand ambassadors for Nugevia, enhancing the brand's visibility and credibility [6]
LKQ Corporation Agrees to Sell its Self Service Segment
Globenewswire· 2025-08-26 12:00
Transaction Advances LKQ Corporation’s Strategic Plan to Simplify Corporate Structure and Focus on Core SegmentsANTIOCH, Tenn., Aug. 26, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ” or the “Company”) today announced it has entered into a definitive agreement to sell its Self Service segment (“Pick Your Part”) to an affiliate of Pacific Avenue Capital Partners, LLC for an enterprise value of $410 million, subject to customary post-closing purchase price adjustments. This proposed transaction ...