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Hana RFID Introduces The ‘Brava', an Ultra-Compact (42x16) ARC-Certified Inlay equipped with Impinj M830 chip
GlobeNewswire News Room· 2025-08-01 14:53
Core Insights - Hana Technologies, Inc. has launched the Brava, an ultra-compact RFID inlay measuring 42x16 mm, which is now ARC-certified for multiple specifications, making it the smallest inlay qualified under Spec R in the RFID industry [1][4] - The Brava is designed to enhance performance-driven tagging across various item categories, allowing brands and retailers to scale their RFID programs while maintaining footprint, readability, and sustainability [2] - The inlay is powered by the Impinj® M830 chip, offering improved read sensitivity, backscatter efficiency, and faster inventory speed, particularly in high tag density environments [3] Product Features - The Brava integrates seamlessly into existing label conversion workflows and RFID infrastructures, available in dry, wide web, and wet paper-face formats [5] - The design of the Brava minimizes antenna footprint, reducing raw material usage and maximizing sustainability, aligning with Hana RFID's product development values [4] Company Overview - Hana Technologies, Inc. is a global leader in RFID technology solutions, focusing on the development and manufacturing of ARC-certified RFID inlays and tags, founded in 1999 and headquartered in Solon, Ohio [6]
BOS to Release Second Quarter 2025 Results on August 21, 2025
Globenewswire· 2025-06-10 13:00
Company Overview - BOS Better Online Solutions Ltd. is an integrator of supply chain technologies serving the aerospace, defense, industrial, and retail sectors [1][2] - The company operates three specialized divisions: Intelligent Robotics Division, RFID Division, and Supply Chain Division [4] Financial Results Announcement - BOS will release its financial results for the second quarter of 2025 before the market opens on August 21, 2025 [1] - A video conference call will be held on the same day at 8:30 a.m. EDT, followed by a question-and-answer session [2] Technological Integration - The Intelligent Robotics Division automates industrial and logistics inventory processes, enhancing efficiency and precision [4] - The RFID Division focuses on optimizing inventory management with advanced solutions for marking and tracking, providing real-time visibility and control [4] - The Supply Chain Division integrates franchised components directly into customer products, addressing evolving needs for innovative solutions [4]
B.O.S. Better Online Solutions .(BOSC) - 2024 Q4 - Earnings Call Transcript
2025-03-31 14:16
Financial Data and Key Metrics Changes - The company reported revenues of $40 million for year '24, a decrease from the record $44 million in year '23, reflecting a return to normalized purchasing after post-COVID restocking [15] - For year '25, the company projects revenues of $44 million and net income of $2.5 million, indicating a 10% year-over-year increase [16][23] - The backlog increased by 35% to $27 million at the end of year '24, driven by exposure to the booming defense sector [16] Business Line Data and Key Metrics Changes - The supply chain division has doubled its engineering team and tripled the number of manufacturers represented, enhancing market position and growth trajectory [7] - The RFID division is expanding its salesforce to capture the rebound in the Israeli civil market and will add off-the-shelf packing machines for logistics centers [18] - The robotic division is preparing for its first installation of a robotic production line in Europe in the first half of the year [19] Market Data and Key Metrics Changes - The Israeli defense budget rose 73% year-over-year, while Europe's defense budget increased by 16% year-over-year, positively impacting key clients and the company [17] - The company has achieved $4 million in overseas sales in year '24 from its supply chain division, indicating successful international expansion [19] Company Strategy and Development Direction - The growth strategy focuses on strengthening relationships with defense clients and expanding internationally [17] - The company aims to deepen its offerings to defense clients, including the recent addition of cable in line [18] - The company is leveraging its Israeli defense client base to align with their global subcontractors for international growth [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for year '25, citing a strong backlog and growth in the defense sector as key drivers [16][23] - The company is in excellent financial shape with $21 million in equity and zero bank debt, providing flexibility for strategic growth [23][24] - Management highlighted the significant discount at which the company is trading compared to broader market benchmarks, indicating a compelling investment opportunity [20][21] Other Important Information - The company has partnered with a US-based investor relations firm to enhance its presence in the US capital market, resulting in increased trading volume from 4,000 shares to 58,000 shares [21][22] - The company recorded an impairment charge of $1.2 million related to goodwill, which impacted net income for year '24 [32] Q&A Session Summary Question: Guidance on the new robotics line in Europe and its impact from the war in Ukraine - Management clarified that they do not have direct sales in Europe but align with major Israeli clients who export and require local production [28][29] Question: Clarification on tax loss carry forward - Management confirmed approximately $30 million in carry forward tax losses, which could provide up to $6 million in future tax savings, with only $1 million recognized as an asset [31] Question: Impact of new head of procurement on defense contracts - Management expressed confidence that the new hire will help capitalize on opportunities in the defense market and indicated updates will be provided if significant developments occur [35]