New generation of parachute technology combines a completely new design, swappable parachute capsules and triple sensor redundancy to redefine drone safety TEL AVIV, Israel, April 15, 2025 (GLOBE NEWSWIRE) -- ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, today announced the launch of its latest drone safety innovation – the SafeAir M4, its next-generation autonomous parac ...

Core Insights - Motorola Solutions, Inc. (MSI) has partnered with Collin College Law Enforcement Academy to integrate its V700 body cameras into the training program for recruits, enhancing their preparedness for real-world policing challenges [1][5] Group 1: Product Features and Benefits - The V700 body-worn cameras provide live video streaming and real-time GPS location reporting, integrating seamlessly with in-car cameras to capture incidents from multiple angles [3] - The Record-After-The-Fact feature allows retrieval of crucial footage even if recording was not initiated at the time of an incident, offering valuable insights for training adjustments [4] - The solution facilitates wireless video uploads to VideoManager EL, enabling officers to send important footage back to headquarters while still in the field [4] Group 2: Market Position and Growth Potential - Motorola is a leading provider of mission-critical communication products, with a steady revenue stream from the body-worn camera market, which enhances police transparency and accountability [6] - The company experienced strong demand for video security products in Q4 2024 and is well-positioned for continued growth due to its diversified portfolio and innovative solutions [7] - The advanced features of the V700 camera improve real-time communication and decision-making processes, which are expected to bolster Motorola's future prospects in public safety solutions [7] Group 3: Stock Performance - MSI's stock has increased by 14.2% over the past year, while the industry has seen a growth of 30.8%, indicating a need for improved performance relative to peers [8]

Wall Street is bracing for a bad start to the week, with investors fearing a repeat of the 1987 Black Monday that could make last week’s losses look too mild in comparison. Experts have warned of more bloodbath if President Donald Trump doesn’t take immediate action on his sweeping tariffs announced last week.This came as the Asian markets tanked on Monday morning (Sunday night U.S. time), with Japan’s Nikkei tanking 8%, while Singapore and Hong Kong were down 8.5% and 10%, respectively. Investors are curre ...

Core Insights - Arqit Quantum Inc. expects to report preliminary revenue for the first half of fiscal year 2025 between $18,000 and $67,000, with cash and cash equivalents of approximately $24.7 million as of March 31, 2025 [1][3] Financial Performance - The revenue generation from a multi-year enterprise license contract in the EMEA region was delayed due to end customer issues, impacting revenue for the first half of fiscal year 2025 [2] - The contract is expected to yield seven figures in annual recurring revenue once revenue generation commences [2] Legal Matters - A motion to dismiss a class action lawsuit against Arqit was denied on March 28, 2025, but the court's decision does not reflect on the merits of the case [4] Future Reporting - The company plans to report complete financial results for the first half of fiscal year 2025 in May 2025, followed by a conference call [5] Company Overview - Arqit Quantum Inc. specializes in quantum-safe encryption, providing a unique encryption software service that secures communications against current and future encryption attacks, including those from quantum computers [6] - The company has received multiple awards for its innovative technology and is ISO 27001 Standard certified [6]

Financial Data and Key Metrics Changes - Revenue for 2024 was flat compared to 2023, at $38.23 million versus $38.32 million [35] - Profits for 2024 were $3.04 million or $0.24 per share, compared to $2.78 million or $0.22 per share in 2023 [35] - Operating cash flow for 2024 was $7.08 million or $0.57 per share, up from $4.60 million or $0.37 per share in 2023 [36] Business Line Data and Key Metrics Changes - The NanoChem division (NCS) represents approximately 70% of total revenue, focusing on biodegradable polymers and agricultural products [5][6] - The ENP division focuses on sales into greenhouse, turf, and golf markets, with mild growth expected to continue in 2025 [14][15] - The food division is projected to grow in 2025, depending on the production timeline of new products [20] Market Data and Key Metrics Changes - Agricultural products in the US are selling reasonably well, but crop prices are not increasing at the rate of inflation [18] - Tariffs on raw materials imported from China have negatively impacted costs, cash flow, and profits [21] - The company is developing a new facility in Panama to mitigate tariff impacts and improve operational efficiency for international sales [24][25] Company Strategy and Development Direction - The company is focusing on expanding its food-grade product line and has secured a significant food-grade contract, requiring new equipment and clean room installations [9][10] - A new production facility in Panama is expected to begin operations in Q3 2025, which will reduce tariff exposure and improve shipping logistics [24][26] - The company is exploring entry into the drug compounding industry, with plans to secure sales before further investments [31][32] Management's Comments on Operating Environment and Future Outlook - Management anticipates a return to growth in 2025, particularly in the second half of the year [34] - The company is optimistic about its positioning to grow despite uncertainties related to the new administration [34] - Management highlighted challenges in finalizing new orders, including the need for equipment installation and customer satisfaction with pricing [48] Other Important Information - The company has substantial cash on hand and does not anticipate needing equity financing for upcoming capital expenditures [10] - The company has hired a consulting group to assist in obtaining export rebates for tariffs, which have been difficult to recover [22] Q&A Session Summary Question: What is the deal with Panama and tariffs? - The tariffs in Panama are much lower than those in the US, allowing for reduced friction in operations [43] Question: Expected gross margins on new food business contracts? - Margins are uncertain but expected to be in the same range as historical margins [44][45] Question: What are the challenges in finalizing orders? - Challenges include building new clean rooms, installing equipment, and proving scalability to customers [48] Question: Is the new product a proprietary development? - The new product is proprietary to the customer, and the company is adapting its operations to manufacture it [52][54] Question: What sets the company apart in securing this business? - The company has demonstrated high-quality operations and a willingness to invest in changes to earn the business [56][57]

Financial Data and Key Metrics Changes - The company reported a record gross profit of nearly $77 million for the year, an increase of 86% from 2023 [4] - Net attributable profit was just under $19 million, compared to a loss of $4 million in the previous year, reflecting stronger operating cash flow of nearly $42 million compared to just less than $15 million in the previous year [4][5] - The average realized gold price in Q4 was just over $2,600, compared to just under $1,900 in the comparable quarter of the previous year [20] Business Line Data and Key Metrics Changes - Production at Blanket was within guidance, ending the year with 76,656 ounces, a 1.6% improvement compared to 2023 [24] - Production costs at Blanket remained broadly the same at about $19 million, with gross profit increasing to $20 million compared to $11 million in the previous quarter [36] - Bilboes continued to incur losses but is now on care and maintenance, with minimal impact on overall performance [52] Market Data and Key Metrics Changes - The company experienced a significant increase in revenue due to higher gold prices, contributing to the substantial increase in gross profit [20] - The local currency, the ZiG, stabilized in Q4, leading to reduced foreign exchange losses compared to earlier in the year [46] Company Strategy and Development Direction - The company plans to extend the timeline for the feasibility study for Bilboes to optimize project economics and explore new development options [6][62] - There is a focus on maintaining stable production at Blanket and investigating near-term growth opportunities across the portfolio, including Blanket, Bilboes, and Motapa [78] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the stability of the ZiG and improvements in cash generation, indicating a positive outlook for Q1 2025 [142] - The company is focused on reducing costs, particularly in labor and electricity, to improve overall profitability [41][130] Other Important Information - The company declared a dividend of $0.14 for the quarter, totaling $0.56 for the year [7][21] - Significant changes to the Board and management have occurred, contributing to improved operational performance [8] Q&A Session Summary Question: What is the status of the solar power project, the sale of that asset? - The company expects to provide an update sometime this week [85] Question: What is the reliability of production targets from the mine? - The target is to pull out 800,000 tonnes from the shaft, which is considered stable [86][87] Question: What is the timeline for developing a reliable reserve at Motapa? - The company will take as long as necessary to ensure the best project outcome, considering the potential integration of Motapa into the feasibility study [88][90] Question: Will the tailings dam strategy change based on concentrate sales? - Yes, if permanent permission to export concentrate is granted, it could affect the tailings facility setup [93][94] Question: Is the bank debt down to about $2 million? - The company has more cash than debt, but the strategy is to maintain debt in-country and cash out of the country [102] Question: What is the effective tax rate for the company? - The effective tax rate remains high due to structural inefficiencies, with a commercial tax rate in Zimbabwe around 24% [105][107] Question: Are there plans for more retirement expenses in 2025? - Future retirement expenses will be minimal compared to 2024, as the policy will only affect a few individuals each year [118] Question: What are the greatest cost risks for 2025? - The most unpredictable cost risk is electricity, particularly if the grid collapses [130]

Shares of Moderna and Novavax dropped more than 11% and 6%, respectively, in early trading. Meanwhile, the SPDR S&P Biotech ETF slid nearly 5%. Shares of Pfizer , which has broader businesses to insulate it from damage to its vaccine portfolio, lost about 2%. The departure of Peter Marks, the Food and Drug Administration's top vaccine regulator, has raised fresh fears about whether the Trump administration will quickly approve and promote critical shots. In his position, Marks oversaw the introduction of Co ...

New First Alert Smart Smoke & CO Alarm compatible with Google Home ecosystem and designed for seamless integration with Nest Protect Smart Smoke & CO AlarmSCOTTSDALE, Ariz., March 28, 2025  /PRNewswire/ -- First Alert, America's most trusted fire-safety brand* owned by Resideo (NYSE: REZI), and Google Home, a technology leader in the smart home, today announced a new life-safety collaboration. The new First Alert® Smart Smoke & Carbon Monoxide (CO) Alarm is compatible with the Nest Protect Smart Smoke & CO ...

Industry Insights - The international gold market has shown significant strength, with COMEX gold futures prices surpassing $3,040 per ounce and London spot gold prices reaching $3,030 per ounce, both setting new historical records [1] - Global central banks have purchased over 1,000 tons of gold for three consecutive years, indicating a strong demand for gold as a safe-haven asset [1] - Analysts from Macquarie Group predict an average gold price of $3,150 per ounce in Q3 2025, with Goldman Sachs forecasting a year-end price of $3,100 [2] Company Performance - Blue Hat's 1-ton gold holdings could appreciate to approximately $103 million if gold prices exceed $3,200 per ounce, representing a gain of over $40 million from the initial investment [3] - The CEO of Blue Hat emphasized that gold has proven to be a strong value-preserving asset amid global economic uncertainties, contributing to the company's financial stability and future business expansion [3] - Blue Hat is transitioning from a provider of communication services and AR interactive entertainment to becoming a leading intelligent commodity trader, leveraging its technological expertise [4]

Industry Insights - The international gold market has shown significant strength, with COMEX gold futures prices surpassing $3,040 per ounce and London spot gold prices reaching $3,030 per ounce, both setting new historical records [1] - Global central banks have purchased over 1,000 tons of gold for three consecutive years, indicating a strong demand for gold as a safe-haven asset [1] - China's central bank's gold reserves have increased for three consecutive quarters, now totaling 73.45 million ounces, further emphasizing the demand for safe-haven assets [1] Price Predictions - Analysts from Macquarie Group predict that the average gold price in Q3 2025 may reach $3,150 per ounce, with potential peaks of $3,500, while Goldman Sachs anticipates a year-end price of $3,100 [2] - CITIC Futures suggests that a potential interest rate cut by the Federal Reserve could lead to a significant premium on gold due to market conditions [2] Company Performance - If gold prices exceed $3,200 per ounce, Blue Hat's 1-ton gold holdings could appreciate to approximately $103 million, representing a gain of over $40 million from the initial investment [3] - The CEO of Blue Hat highlighted that gold has proven to be a strong asset for value preservation and appreciation amid global economic uncertainties, providing a solid foundation for the company's strategic plans in the precious metals sector [3] Company Overview - Blue Hat, previously focused on communication services and AR interactive entertainment, is now expanding into commodity trading, aiming to become a leading intelligent commodity trader globally [4]