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Ocean Power Technologies Accelerates UAE Growth Strategy Through Expanded Partnership with Unique Group
Globenewswire· 2025-08-26 12:15
Core Insights - Ocean Power Technologies, Inc. (OPT) has entered into a Master Services Agreement (MSA) with Unique Group to enhance collaboration on unmanned surface vehicle (USV) projects in the UAE [1][2] - The MSA aims to accelerate WAM-V deployments and convert interest into revenue while scaling recurring lease income without significant overhead [2][4] - Unique Group will lease one OPT WAM-V 22 USV immediately, with plans for revenue sharing and joint fleet expansion [3][4] Group 1 - The MSA formalizes and expands the strategic collaboration originally announced in July 2024, positioning Unique Group as OPT's execution partner for non-defense WAM-V USV projects in the UAE [2] - The agreement includes plans for OPT to establish a dedicated Maintenance, Repair, and Overhaul (MRO) hub in the UAE to support regional operations [3] - The partnership reflects mutual confidence in advancing maritime autonomy and aims to reduce operational risks, carbon emissions, and costs [4] Group 2 - Ocean Power Technologies provides intelligent maritime solutions for various sectors, including defense, oil and gas, and offshore wind [6] - The company's offerings include AI-integrated systems and clean energy solutions, such as the PowerBuoy® platforms and WAM-V® autonomous surface vessels [6] - The headquarters is located in Monroe Township, New Jersey, with an additional office in Richmond, California [6]
TRESU Investment Holding A/S – Announcement of Q2 2025 Interim Report
Globenewswire· 2025-08-26 12:13
Core Points - TRESU Investment Holding A/S has announced the publication of its Q2 2025 Interim Report and financial results presentation [1][2] - The financial results call is scheduled for September 5, 2025, at 10 am CET, hosted by CEO/CFO Stephan Plenz [2] - A recording of the results call will be available for four hours on the TRESU IR website [2] Company Information - The Interim Report will be presented by CEO/CFO Stephan Plenz, followed by a Q&A session [2] - Interested participants must register for the investor call by emailing the Financial Manager, Finn Holm, by September 4, 2025, at 9 am CET [2] - For further inquiries, contact CEO Stephan Plenz directly via phone [2]
Clearside Biomedical Announces Multiple Presentations on Suprachoroidal Delivery to be Featured at the 25th EURETINA Congress
Globenewswire· 2025-08-26 12:05
Core Insights - Clearside Biomedical is showcasing its SCS Microinjector platform and CLS-AX program at the 25th EURETINA Congress, highlighting its potential for treating multiple retinal diseases [1][3] Group 1: SCS Microinjector Platform - The SCS delivery platform is designed for targeted treatment of retinal diseases such as wet AMD, diabetic retinopathy, and ocular cancer [2] - The SCS Microinjector allows for the delivery of various drug candidates into the suprachoroidal space, aiming to improve efficacy and reduce toxic effects on non-diseased cells [8][9] Group 2: CLS-AX Program - CLS-AX is a proprietary suspension of axitinib for suprachoroidal injection, which may offer advantages over existing retinal therapies by achieving pan-VEGF blockade [6][7] - The program includes a Phase 3 trial for wet AMD and a streamlined Phase 2 trial for non-proliferative diabetic retinopathy [3] Group 3: Upcoming Presentations - Dr. Sobha Sivaprasad will present Phase 2b results from the ODYSSEY trial and updates on the Phase 3 program for neovascular age-related macular degeneration [4] - Victor Chong will discuss the evolution of suprachoroidal drug delivery and participate in a panel at the Ophthalmology Futures Retina Forum [5]
Adagene to Participate in Two Investor Conferences in September
Globenewswire· 2025-08-26 12:05
Company Overview - Adagene Inc. is a clinical-stage biotechnology company focused on developing novel antibody-based cancer immunotherapies, utilizing computational biology and artificial intelligence to address unmet patient needs [3][4] - The company has established strategic collaborations with global partners to leverage its SAFEbody precision masking technology [3] Technology and Pipeline - Adagene's proprietary Dynamic Precision Library (DPL) platform includes NEObody™, SAFEbody, and POWERbody™ technologies, which are designed to enhance the safety and efficacy of antibody therapeutics [4] - The SAFEbody technology specifically targets the tumor microenvironment, allowing for tumor-specific antibody targeting while minimizing toxicity to healthy tissues [4] Clinical Programs - The lead clinical program, ADG126 (muzastotug), is a masked anti-CTLA-4 SAFEbody currently in phase 1b/2 clinical studies, focusing on Metastatic Microsatellite-stable (MSS) Colorectal Cancer in combination with anti-PD-1 therapy [5] - The SAFEbody platform is validated for use across various antibody-based therapeutic modalities, including Fc empowered antibodies and antibody-drug conjugates [5] Investor Engagement - Adagene's Chief Strategy Officer will participate in one-on-one investor meetings and a fireside chat at two upcoming investor conferences in New York in September [1][2] - Webcasts of the presentations will be available on the company's website for at least 30 days [2]
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].
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]