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Johnson Controls increases quarterly dividend
Prnewswire· 2025-09-10 12:45
Core Points - Johnson Controls International plc has approved a quarterly dividend of $0.40 per share, marking a $0.03 increase from the previous dividend [1] - The dividend will be payable on October 17, 2025, to shareholders of record as of September 22, 2025 [1] - Johnson Controls has a long history of consecutive dividend payments since 1887 [1] Company Overview - Johnson Controls is a global leader in smart, healthy, and sustainable buildings, focusing on transforming environments for living, working, learning, and playing [2] - The company has nearly 140 years of innovation and offers a comprehensive digital offering called OpenBlue, which serves various industries including healthcare, schools, and data centers [3] - Johnson Controls provides the largest portfolio of building technology and software solutions, backed by a global team of experts [3]
ParaZero Announces First Half of 2025 Financial Results
Globenewswire· 2025-08-28 20:15
Core Insights - ParaZero Technologies Ltd. reported a sales increase of approximately 27% compared to the same period in 2024, totaling $357,979 for the six months ended June 30, 2025 [1][5][6] - The company is focusing on the rapidly growing counter-drone and defense markets, with a projected market growth from USD 3.10 billion in 2025 to USD 12.24 billion by 2032, reflecting a CAGR of 21.62% [4] Financial and Corporate Updates - Sales increased by 26.6% to $357,979 for the six months ended June 30, 2025, driven by new product sales in the defense sector and original equipment manufacturer integrations [5][6] - The company raised approximately $3.1 million and $2.2 million in gross proceeds from registered direct offerings in February 2025 and August 2025, respectively [6] - Comprehensive and net loss amounted to $2,295,955 for the six months ended June 30, 2025, compared to a net loss of $2,026,094 for the same period in 2024 [9][19] Product and Market Developments - ParaZero secured approvals from DECA under the Israeli Ministry of Defense for the global marketing of its DefendAir counter-UAS system, achieving a 100% interception rate in live field demonstrations [4][6] - The company enhanced its portfolio with successful tests of the DropAir precise airdrop system, which enables rapid autonomous supply delivery in challenging terrains [6] - ParaZero progressed to Phase II with the Israeli Ministry of Defense, focusing on delivering pilot systems for implementation and additional operational testing [6] Cost and Expense Analysis - Cost of sales amounted to $431,888 for the six months ended June 30, 2025, compared to $209,529 for the same period in 2024, primarily due to increased sales volume and product mix [9][18] - Research and development expenses increased to $1,155,436 for the six months ended June 30, 2025, compared to $662,440 for the same period in 2024, driven by higher labor costs [9][18] - General and administrative expenses totaled $1,670,513 for the six months ended June 30, 2025, compared to $1,122,759 for the same period in 2024, mainly due to non-cash expenses related to grants [9][18]
After Achieving 100% Interception Rate in Real-life Demo, ParaZero's DefendAir Advances to Sales Phase
Globenewswire· 2025-07-15 13:09
Core Viewpoint - ParaZero Technologies Ltd. has successfully completed a live demonstration of its DefendAir Personal Net Gun System, achieving 100% interception success against drone threats, and is now moving towards the international sales phase of this counter-UAS solution [1][2][5]. Group 1: Demonstration Details - The demonstration was attended by 25 senior officers and experts from various tactical units and critical infrastructure defense entities, showcasing the system's effectiveness in real-time scenarios [2][4]. - The DefendAir system demonstrated its capability to neutralize fast-approaching multirotor drones, generating strong interest and positive feedback from attendees [4][5]. Group 2: Market Potential and Applications - Following the successful demonstration, ParaZero is targeting defense and security markets globally, engaging with potential customers including Israeli and international security agencies [5][6]. - The DefendAir system is designed for various applications such as military defense, VIP protection, large event security, and critical infrastructure defense [5][6]. Group 3: Product Overview - ParaZero's DefendAir system is a compact, non-lethal counter-drone solution that utilizes a targeted net-launching mechanism for intercepting rogue drones [6]. - The system is designed for portability and rapid response, adding a vital layer of defense in scenarios involving sensitive infrastructure and event security [6].
Johnson Controls Announces Participation in Upcoming Investor Conferences
Prnewswire· 2025-04-28 12:45
Core Viewpoint - Johnson Controls International plc, a leader in smart, healthy, and sustainable buildings, will participate in three upcoming conferences in May 2025 [1]. Company Overview - Johnson Controls focuses on transforming environments for living, working, learning, and playing, aiming to enhance building performance for people, places, and the planet [3]. - The company has a 140-year history of innovation and offers a comprehensive digital solution called OpenBlue, which serves various industries including healthcare, education, data centers, airports, and manufacturing [4]. - Johnson Controls provides the largest portfolio of building technology, software, and service solutions in the industry [4]. Upcoming Conferences - The company will participate in the Oppenheimer 20th Annual Industrial Growth Conference on May 8, 2025, featuring a virtual fireside chat with CFO Marc Vandiepenbeeck [5]. - CFO Marc Vandiepenbeeck will also participate in the BofA Securities Industrials, Transportation & Airlines Key Leaders Conference on May 14, 2025, in New York [5]. - CEO Joakim Weidemanis and CFO Marc Vandiepenbeeck will take part in the Wolfe Research 18th Annual Global Transportation & Industrials Conference on May 21, 2025, in New York [5].