Independent Testing Confirms Enovix AI-1™ Battery as Industry’s Highest Energy Density Smartphone Battery
Globenewswire· 2025-08-27 12:30
Core Insights - Enovix Corporation has announced that its AI-1 smartphone battery has been confirmed as the highest energy density cell ever reported for a smartphone, according to Polaris Battery Labs [1][2] - The AI-1 platform combines advanced materials and automated manufacturing to achieve significant improvements in energy density and charging speed, targeting high-volume consumer applications [2] - The AI-1 smartphone battery has an average volumetric energy density of approximately 919 Wh/L, which is among the highest for smartphone batteries, and supports fast charging at 3C rates [6] Company Overview - Enovix is a leader in lithium-ion battery technology, focusing on silicon-anode batteries designed for various applications, including consumer electronics and electric vehicles [3] - The company is headquartered in Silicon Valley and has facilities in India, South Korea, and Malaysia [4] - Enovix holds a strong portfolio of patents related to its battery design and manufacturing processes [3] Market Position - With the AI-1 battery, Enovix is positioned to capture a share of the multi-billion-dollar smartphone battery market, offering higher energy density, faster charging, and improved cycle life [2] - The advancements in battery technology enable longer-lasting devices and support the next generation of AI-powered consumer experiences [2]
Orion to Present at Singular Research’s Emerging Growth & Value Alpha Leaders Conference
Globenewswire· 2025-08-27 12:29
Core Points - Orion Energy Systems, Inc. will participate in Singular Research's Emerging Growth & Value Alpha Leaders Conference on September 10, 2025 [1][2] - CEO Sally Washlow will present the company and hold one-on-one investor meetings during the event [2] Company Overview - Orion specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services [3] - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3] - Orion is committed to helping customers achieve business and environmental goals while reducing carbon footprints and enhancing performance [3][4]
SOUEAST Drives into Fashion: Exclusive Auto Sponsor of Dubai Fashion Week 2025-2026
Globenewswire· 2025-08-27 12:25
DUBAI, United Arab Emirates, Aug. 27, 2025 (GLOBE NEWSWIRE) -- SOUEAST has officially announced a significant partnership as the exclusive automotive partner of Dubai Fashion Week 2025-2026, with its debut appearance at the Spring/Summer Show this September. This marks Dubai Fashion Week’s first-ever collaboration with a Chinese automotive brand, positioning SOUEAST as the second automotive partner in the event’s history, following Maserati. (Official Automobile Partner of Dubai Fashion Week: SOUEAST) Rank ...
Critical One Closes CDN$3 Million Private Placement
Globenewswire· 2025-08-27 12:25
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that, further to the press release issued on August 18, 2025, the Company has closed its oversubscribed, non-brokered financing and issued 5,001,999 units (the “Units”) at a price of CDN$0.60 per Unit for aggregate gross proceeds of ...
C3is Inc. announces the date for the release of the second quarter and six months 2025 financial and operating results
Globenewswire· 2025-08-27 12:20
Company Announcement - C3is Inc. will release its second quarter financial results for the period ended June 30, 2025, before the market opens in New York on September 2, 2025 [1] - A conference call will be hosted by the company's management on September 2, 2025, at 10:00 am ET to present the results and discuss the company's operations and outlook [1] Webcast Information - There will be a live and archived webcast of the conference call available on the C3is Inc. website [2] - Participants are advised to register approximately 10 minutes prior to the start of the webcast, which will be in listen-only mode [2] Company Overview - C3is Inc. is a ship-owning company that provides seaborne transportation services to dry bulk and tanker charterers, including major national and private industrial users, commodity producers, and traders [3] - As of the end of Q2 2025, the company owned three Handysize dry bulk carriers and one Aframax oil tanker, with a total capacity of 213,464 deadweight tons (dwt) [3] - C3is Inc.'s shares are listed on the Nasdaq Capital Market under the symbol "CISS" [3]
New Horizon Aircraft to Participate in Upcoming Conferences
Globenewswire· 2025-08-27 12:15
Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company developing one of the world's first hybrid electric Vertical Take-Off and Landing (VTOL) aircraft, the Cavorite X7 eVTOL [5]. Upcoming Events - Horizon Aircraft management will participate in the Gabelli Aerospace & Defense Symposium on September 4, 2025, in New York City, including a fireside chat and 1x1 investor meetings [1]. - On the same day, management will also attend the Deutsche Bank Aviation Forum for 1x1 investor meetings [2]. - From September 8-10, 2025, management will participate in the H.C. Wainwright Global Investment Conference in New York City, focusing on 1x1 investor meetings [3]. - Horizon Aircraft will be present at the Rare Earth Mines, Magnets and Motors 2025 event on September 23-24 in Toronto, where management will participate in a panel discussion and showcase a large-scale prototype [4]. Product Development - The Cavorite X7 eVTOL is designed to fly most missions like a normal aircraft while offering industry-leading speed, range, and operational utility, with a focus on safety and performance [5].
24/7 Market News: LIXTE Showcases LB-100 at First Global Conference on Oncogenic Signaling Activation as Cancer Therapy
Globenewswire· 2025-08-27 12:15
Core Insights - The article highlights a landmark meeting co-sponsored by LIXTE Biotechnology Holdings, focusing on the activation of oncogenic signaling as a novel cancer treatment strategy [1][2] - LIXTE's lead compound, LB-100, was presented as a first-in-class PP2A inhibitor that activates oncogenic signaling, leading to cancer cell toxicity [2][4] Group 1: Conference Highlights - The conference introduced a paradigm shift in cancer therapy, advocating for the activation of oncogenic pathways rather than solely inhibiting them [3] - LB-100 exemplifies this approach by inhibiting PP2A, which removes a cellular "off switch," resulting in uncontrolled signaling that drives cancer cells to self-destruction [4] - Presentations at the conference reinforced the recognition of PP2A inhibition as a new therapeutic frontier, supporting LB-100's role as a platform therapy [5] Group 2: Company Positioning - By co-sponsoring the meeting, LIXTE positioned itself as a global thought leader in innovative cancer therapies, demonstrating its commitment to advancing cancer research [6] - LIXTE is focused on developing therapies targeting the PP2A pathway, with LB-100 showing strong preclinical results and early-stage clinical tolerability [7] - The company is currently advancing a proof-of-concept trial in Ovarian Clear Cell Carcinoma, indicating its active role in clinical development [7]
Sompo to Acquire Aspen for $3.5 Billion
Businesswire· 2025-08-27 12:15
Core Viewpoint - Sompo Holdings is acquiring 100% of Aspen Insurance Holdings for $37.50 per share in cash, totaling approximately $3.5 billion, which enhances Sompo's portfolio and strengthens its position in specialty insurance and reinsurance markets [2][11]. Group 1: Transaction Overview - The merger agreement involves the redemption of all outstanding Class A ordinary shares of Aspen for cash and their delisting from NYSE, while preference shares will remain outstanding [1][12]. - The transaction is expected to close in the first half of 2026, pending regulatory approvals and customary closing conditions [13]. Group 2: Strategic Benefits - The acquisition diversifies Sompo's portfolio geographically, particularly in high-growth international markets, and enhances its underwriting expertise in core specialty insurance and reinsurance lines [1][5]. - Aspen's expertise in various global reinsurance lines and its top-tier Lloyd's syndicate will provide Sompo access to complex risks and untapped markets [6]. Group 3: Financial Impact - The transaction is anticipated to be immediately accretive to Sompo's return on equity (ROE) post-closing, contributing significantly to the group's financial profile [10]. - Aspen's recent financial performance includes a combined ratio of 87.9% and an operating return on average equity of 19.4% for the twelve months ended December 31, 2024 [10]. Group 4: Premium and Valuation - The acquisition price of $37.50 per share represents a 35.6% premium to Aspen's unaffected share price of $27.66 as of August 19, 2025 [11]. - This premium reflects the quality and potential of Aspen's business as recognized by Sompo [4]. Group 5: Leadership and Integration - Sompo Group CEO Mikio Okumura emphasized the transaction as part of their strategy to enhance resilience and promote collaboration within the group [3]. - James Shea, CEO of Sompo P&C, highlighted that strategic acquisitions are key to building a robust global platform, and Aspen represents a timely opportunity in the market cycle [4].
Azitra, Inc. Announces First Patient Dosed in Phase 1/2 Trial for ATR-04 Program Targeting Oncology Patients with EGFRi-Associated Rash
Prnewswire· 2025-08-27 12:10
BRANFORD, Conn., Aug. 27, 2025 /PRNewswire/ -- Azitra, Inc. ("Azitra") (NYSE American: AZTR), a clinical stage biopharmaceutical company focused on developing innovative therapies for precision dermatology, today announced the dosing of the first patient in its Phase 1/2 clinical trial of ATR04-484, a topically applied live biotherapeutic product candidate designed to treat EGFR inhibitor ("EGFRi")-associated rash. Azitra has received Fast Track designation from the FDA for EGFRi associated rash, which impa ...
Cellectar Biosciences to Present Data in Oral Session and Panel Discussions at the American Association for Cancer Research Special Conference on Discovery and Innovation in Pediatric Cancer
Globenewswire· 2025-08-27 12:05
Core Insights - Cellectar Biosciences, Inc. announced the acceptance of an abstract for oral presentation at the AACR Special Conference on Pediatric Cancer, focusing on interim data from the CLOVER-2 Phase 1b study of iopofosine I 131 in pediatric high-grade glioma patients [1][2] Group 1: Presentation Details - The oral presentation titled "Precision Radiotherapy for Incurable Brain Tumors: Phase 1b Dose & Regimen Optimization Study of Iopofosine I 131 in Inoperable Relapsed or Refractory Pediatric High-Grade Glioma, Interim Data Assessment" is scheduled for September 26, 2025, at 2:50 pm Eastern time [3] - Jarrod Longcor, the chief operating officer of Cellectar, will present the findings during the plenary session [3] Group 2: Background on Pediatric High-Grade Gliomas - Pediatric high-grade gliomas are aggressive tumors affecting the brain and central nervous system, with poor median progression-free survival (PFS) of approximately 2.25 months and overall survival (OS) of about 5.6 months for relapsed cases [4] Group 3: CLOVER-2 Trial Overview - The ongoing Phase 1b trial of iopofosine I 131 includes children, adolescents, and young adults with relapsed or refractory pediatric high-grade gliomas across multiple sites in the U.S. and Canada [5] - The study evaluates the safety and tolerability of two dosing cohorts, with one cohort receiving 20 mCi/m² and the other 10 mCi/m², both separated by 14 days [5] - The trial aims to determine therapeutic activity defined by PFS and OS, as well as antitumor activity through tumor volume reduction [5] Group 4: Company Overview - Cellectar Biosciences is a late-stage clinical biopharmaceutical company focused on developing proprietary drugs for cancer treatment, utilizing its Phospholipid Drug Conjugate™ (PDC) delivery platform [6] - The company's product pipeline includes iopofosine I 131, CLR 121225, and CLR 121125, targeting various solid tumors with significant unmet needs [7][8] - Iopofosine I 131 has received multiple designations from the FDA, including six Orphan Drug and four Rare Pediatric Drug designations [9]