ADT Acquires Origin AI to Power AI Sensing and Ambient Intelligence for the Home
Globenewswire· 2026-02-24 13:15
Core Insights - ADT Inc. has acquired Origin Wireless, Inc. to enhance its smart home solutions with AI-driven sensing technology [1][6] - The integration of Origin AI's platform is expected to improve home safety and create new use cases by providing better understanding of motion and occupancy without the need for cameras or wearables [2][4] Acquisition Details - The acquisition cost was $170 million in cash, subject to customary adjustments [6] - Origin Wireless brings over 200 global patents, which will support future security and smart home capabilities [3] Technology Impact - Origin AI's technology will reduce false alarms and improve coordination with first responders by providing real-time understanding of presence and activity within homes [4] - The technology also enables smarter automation and personalization, with applications in comfort settings and health solutions [4] Strategic Vision - ADT aims to transform traditional security measures into a proactive system that understands context and recognizes risks, enhancing customer privacy [3][6] - The company plans to commercialize new offerings incorporating Origin's technology by 2027 [6] Future Outlook - ADT will discuss the acquisition and its broader strategy during its earnings call on March 2, 2026 [7]
Warner Bros. Discovery Confirms Receipt of Revised Proposal from Paramount Skydance
Prnewswire· 2026-02-24 13:15
company's plans, objectives, expectations and intentions, statements about the tender offer and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the management of WBD and Netflix and are subject to significant risks and uncertainties outside of our control.Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: (1) the completion of the proposed ...
Beam Global and HEVO Inc. Launch Market-Ready Autonomous Charging Platform for Autonomous Vehicles
Globenewswire· 2026-02-24 13:10
Core Insights - Beam Global and HEVO Inc. have launched an integrated autonomous wireless charging system for electric vehicles, utilizing Beam's solar-powered EV ARC™ infrastructure and HEVO's Rezonant™ wireless charging technology, aimed at the autonomous vehicle sector and commercial electric vehicle fleets [1][2][3] Group 1: Technology and Product Offering - The integrated solution combines HEVO's wireless charging hardware and software with Beam's off-grid EV ARC™ systems, enabling automated charging without the need for human intervention [2][5] - The system is designed for rapid deployment and is already generating interest from various sectors, including AV operators and government agencies in the U.S. and UAE [1][3][6] - Key features include hands-free charging, compatibility with any AV or EV, and significant cost reductions by avoiding construction and utility connections [10] Group 2: Market Context and Growth Potential - The U.S. policy environment is becoming more favorable for AV deployment, with support from the Trump administration for streamlined permitting and reduced regulatory barriers [4] - The UAE's AV market is projected to reach approximately $2.7 billion by 2030, with a compound annual growth rate of 19.2% from 2025 to 2030, indicating strong demand for scalable AV charging solutions [4] Group 3: Strategic Collaboration and Future Plans - Beam Global and HEVO are advancing commercial rollouts and will conduct joint demonstrations to showcase the capabilities of their integrated platform [3][6] - The collaboration aligns with both companies' global growth strategies and aims to enhance the adoption of autonomous mobility solutions [5][6]
Safe Pro to Demonstrate Integrated AI Capabilities on General Dynamics Mission Systems’ GeoSuite at U.S. Army TiC 2.0 Event at Fort Hood, Texas
Globenewswire· 2026-02-24 13:07
Army Transformation in Contact (TiC) 2.0 is a $1 Billion Initiative that Seeks to Rapidly Field and Test Advanced Technologies for SoldiersAVENTURA, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Safe Pro Group Inc. (Nasdaq: SPAI) (Safe Pro or the Company), a developer of artificial intelligence (AI)-enabled defense, security, and situational awareness solutions, today announced that it will be demonstrating its AI-powered Navigation, Observation & Detection Engine (NODE) threat detection capability integrated int ...
Nexalin Announces Pivotal HALO™ Clarity Trial to Support Planned De Novo FDA Submission Targeting Multi-Billion-Dollar Insomnia Market
Globenewswire· 2026-02-24 13:07
150-Patient, Triple-Blinded, Sham-Controlled Study Designed to be Executed in Collaboration with Lindus Health to Support Future FDA Submission for Drug-Free Insomnia Treatment Builds on Prior Peer-Reviewed Clinical Data and International Regulatory Approvals HOUSTON, TX, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), the leader in Deep Intracranial Frequency Stimulation (DIFS™) of the brain, today announced continued advancement toward its planned piv ...
Candel Therapeutics to Present at TD Cowen’s 46th Annual Health Care Conference in Boston
Globenewswire· 2026-02-24 13:05
NEEDHAM, Mass., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Candel Therapeutics, Inc. (Candel or the Company) (Nasdaq: CADL), a clinical-stage biopharmaceutical company focused on developing multimodal biological immunotherapies to help patients fight cancer, today announced that Paul Peter Tak, M.D., Ph.D., FMedSci, Candel’s President and Chief Executive Officer, will present at TD Cowen’s 46th Annual Health Care Conference, being held on March 2-4, 2026 in Boston, MA. Presentation Details: Date: Tuesday, March 3, ...
MaxCyte unveils ExPERT DTx™, a 96-well electroporation platform to accelerate discovery
Globenewswire· 2026-02-24 13:05
ROCKVILLE, Md., Feb. 24, 2026 (GLOBE NEWSWIRE) -- MaxCyte, Inc., (NASDAQ: MXCT), a leading, cell-engineering focused company providing enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics, today announced the launch of ExPERT DTx™, a new high throughput transfection platform for research and drug discovery applications. This modular, 96-well electroporation system enables labs to transfect primary cells and cell lines with minimal ce ...
NAPC Defense Announces Contract Awards of $38 Million
Globenewswire· 2026-02-24 13:05
CLEARWATER, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- NAPC Defense, Inc. (OTCID: BLIS) (“NAPC Defense” or “the Company”), a U.S. licensed defense manufacturer with exclusive rights to produce and distribute the CornerShot USA system, announced today that it has received $38,166,873.04 in new and recently finalized U.S. government task orders through its strategic partner Obera LLC (“Obera”) under existing U.S. Department of Defense and Department of State contract vehicles, with performance extending into the ...
24/7 Market News- “Somewhere in Michigan”: National Geographic Spotlights Kraig Biocraft Laboratories Science Powering Recombinant Spider Silk Production
Globenewswire· 2026-02-24 13:05
Core Insights - Kraig Biocraft Laboratories (OTCQB: KBLB) is featured on the cover of the March issue of National Geographic, highlighting a significant scientific breakthrough in the production of spider silk, a material known for its exceptional strength and toughness [1][8]. Company Overview - Kraig Biocraft Laboratories is a biotechnology company focused on developing and commercializing spider silk-based fiber technologies, utilizing genetically engineered silkworms to produce high-performance, cost-effective, and scalable spider silk materials for various applications [10]. Scientific Breakthrough - The article titled "Unlocking Nature's Miracle" discusses the global effort to manufacture spider silk, emphasizing the transition of spider silk from a laboratory curiosity to a scalable biomaterial [1][3]. - Spider silk's extraordinary properties are attributed to specialized proteins called spidroins, which form fibers with unmatched tensile strength, elasticity, and toughness [4]. Production Method - The company has developed genetically engineered silkworm strains that can produce recombinant spider silk proteins, leveraging the silkworm's natural spinning system to create a viable production method [5][6]. - This production method is positioned alongside other international efforts, including fermentation-driven systems, providing a comprehensive overview of the advancements in the field [6]. Market Relevance - The March issue of National Geographic serves as a significant resource for readers interested in advanced materials, synthetic biology, and sustainable fibers, marking a growing mainstream interest in the field of recombinant biomaterials [7][8].
Catalyst Pharmaceuticals to Participate in the Barclays 28th Annual Global Healthcare Conference
Globenewswire· 2026-02-24 13:03
CORAL GABLES, Fla., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Catalyst Pharmaceuticals, Inc. ("Catalyst" or "Company") (Nasdaq: CPRX), a commercial-stage biopharmaceutical company focused on in-licensing, developing, and commercializing novel medicines for patients living with rare and difficult-to-treat diseases, today announced that Rich Daly, President and CEO of Catalyst, along with other members of Catalyst's management team, will participate in the upcoming Barclays 28th Annual Global Healthcare Conference on ...