Core Viewpoint - Reeflex Solutions Inc. has successfully completed its Qualifying Transaction, marking a significant milestone for the company as it transitions to a public entity and aims to enhance its capabilities and resources [3][5]. Group 1: Qualifying Transaction Details - The Qualifying Transaction involved the acquisition of all issued and outstanding shares of Coil Solutions Inc. for a total consideration of $5.8 million, subject to post-closing adjustments [5]. - Reeflex changed its name from "Bigstack Opportunities I Inc." to "Reeflex Solutions Inc." as part of the transaction [3]. - Following the transaction, Reeflex completed a non-brokered private placement of 4,139,500 subscription receipts at $0.20 each, raising gross proceeds of $827,900 [5]. Group 2: Share Structure and Management - As of the completion of the Qualifying Transaction, there are 46,401,500 Reeflex Shares outstanding, with 36,239,500 shares (approximately 78.10%) held by former shareholders of Coil Solutions [6]. - Stock options for 3,050,000 Reeflex Shares were issued to the board and management following the transaction [6]. - The management team includes John Babic as President and CEO, along with other directors and officers [4][5]. Group 3: Trading and Regulatory Information - Trading of Reeflex Shares was halted and is expected to resume under the new ticker symbol "RFX" on the TSXV [2]. - The new CUSIP number for Reeflex Shares is 75846K105, and the new ISIN is CA75846K1057 [2]. Group 4: Auditor Change - Clearhouse LLP has resigned as the auditor of Reeflex, with MNP LLP appointed as the new auditor [11].

RESTON, Va., May 22, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced it will participate in the following June investor conferences: Stifel 2025 Cross Sector 1x1 Conference, held June 3-4 in Boston, MA15th Annual ROTH London Conference, held June 24-26 in London, UK About Bowman Consulting Group Ltd.Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure, technolog ...

Matrix Service Company (MTRX) Conference Call Summary Company Overview - **Company Name**: Matrix Service Company (MTRX) - **Industry**: Engineering and construction services for the oil and gas, utility, and industrial markets - **Key Executives Present**: CEO John Hewitt, CFO Kevin Cavanaugh, Director of Investor Relations Kelly Smythe - **Core Values**: Emphasis on safety and operational excellence [1][4] Financial Highlights - **Recent Performance**: - Q3 fiscal 2025 revenue increased by 21% to $200 million compared to $166 million in Q3 fiscal 2024 [17] - Gross margin improved to 6.4% from 3.4% year-over-year [17] - Net loss reduced to $3.4 million ($0.12 per share) from $14.6 million ($0.53 per share) in the previous year [18] - Adjusted EBITDA reached breakeven compared to a loss of $10 million in the prior year [18] - **Revenue Guidance**: Projected revenue for fiscal 2025 is between $770 million and $800 million, up from $728 million in fiscal 2024 [8] Backlog and Growth Opportunities - **Backlog**: - Current backlog stands at $1.4 billion, with project awards of $301 million in Q3, resulting in a book-to-bill ratio of 1.5 [13] - Backlog has doubled since fiscal 2022, with a significant portion attributed to storage and terminal solutions [13][14] - **Opportunity Pipeline**: - A robust $7 billion pipeline of project opportunities, with many expected to be bid and awarded in the next 12 to 18 months [15] - Approximately 90% of revenue comes from recurring customers, providing long-term visibility for growth [15] Market Position and Strategy - **Market Focus**: - Specializes in complex infrastructure projects, particularly in LNG, ammonia, and renewable fuels [9][24] - Positioned to capitalize on multiyear spending cycles in energy and industrial markets [5][12] - **Competitive Environment**: - Favorable conditions for larger projects with fewer competitors capable of handling specialty vessel work [28] - Shift from crude-related storage to specialty vessel-related storage has been noted [24] Financial Management and Capital Allocation - **Balance Sheet Strength**: - Zero debt with available liquidity of $247 million [19] - Focus on managing working capital effectively, with net cash provided by operating activities of $31.2 million in Q3 [19] - **Capital Allocation Strategy**: - Emphasis on returning to profitability and considering strategic acquisitions or stock buybacks in the future [34] Long-term Goals and Margin Expectations - **Margin Targets**: - Long-term gross margin targets remain in the range of 10% to 12% [21] - Weighted average margin of current backlog is above 10%, supporting long-term margin expectations [26][27] - **Revenue Growth**: - Anticipated revenue growth to continue, with a target of reaching $250 million per quarter to leverage construction overhead effectively [29][30] Conclusion - **Outlook**: - Matrix Service Company is well-positioned for growth with a strong backlog, disciplined capital allocation, and a focus on high-margin projects [20][21] - **Market Confidence**: - Executives express confidence in the company's ability to achieve long-term targets and navigate the evolving market landscape [41]

Group 1: AECOM's Partnership and Project Involvement - AECOM has partnered with the Saudi Ministry of Sport to provide site supervision consultancy at King Fahd Sport City in Riyadh, supporting the transformation of the stadium for the AFC Asian Cup 2027 and the 2034 FIFA World Cup [1][2][3] - The project aligns with Saudi Arabia's Vision 2030, aiming to use sports to boost the economy and enhance community well-being [2][3] - AECOM will leverage its global experience from major sports events to meet FIFA standards and support the stadium's upgrades [3][4] Group 2: AECOM's Experience and Capabilities - AECOM Hunt will act as a key consulting partner, bringing expertise from managing over 140 stadiums, including notable venues like Intuit Dome and SoFi Stadium [5] - The partnership reflects AECOM's focus on delivering significant infrastructure projects, utilizing experience from past global sports events [4] Group 3: Financial Performance and Backlog - AECOM has reported a total backlog of $24.27 billion at the end of the second quarter of fiscal 2025, an increase from $23.74 billion in the prior year, with a 54.9% contracted backlog growth [6][7] - The company achieved an 80% win rate on major enterprise pursuits in the fiscal second quarter, maintaining an overall win rate of over 50% [7] - AECOM's net service revenues grew by 4% on an adjusted basis in the second quarter of fiscal 2025, indicating solid organic growth [10]

Core Insights - NV5 is strategically expanding into the South Korean data center market by acquiring SA Bricks, enhancing its capabilities in commissioning and energy marshalling for data center infrastructure [1][2] - The South Korean data center market is experiencing robust growth due to investments from both local and international technology companies, driven by increasing demand for cloud computing and AI [2] - NV5's data center business now operates in 15 countries, reflecting its global reach and commitment to high-growth regions [2] Company Overview - NV5 Global, Inc. is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions, specializing in engineering design, asset management, and geospatial data analytics [4] - The company operates from over 100 offices worldwide, indicating a strong operational presence [4] Leadership Statements - Ben Heraud, CEO of NV5, emphasized the strong demand for data center design and commissioning services, particularly in hyperscale data centers, and highlighted the importance of the South Korean market for future growth [3] - Gary Hui, COO of NV5 Data Center Division, noted that the expansion into South Korea is a response to requests from U.S. technology clients, positioning NV5 to support their investments in hyperscale data centers [3]

智通财经5月21日电，美国麻省理工学院与哈佛大学博德研究所刘如谦团队联合哥伦比亚大学科学家， 成功研发出新型基因编辑工具evoCAST。这款工具能像编程般精准地将完整基因或多个基因嵌入人类基 因组特定位置，为遗传疾病治疗带来突破性进展。相关成果发表于最新一期《科学》杂志。 新型基因编辑工具精准嵌入完整基因 ...

Jacobs Solutions Inc. (J) has collaborated with NVIDIA Corporation (NVDA) to advance data centers for NVIDIA Omniverse Blueprint for AI factory digital twins, through NVIDIA's Omniverse Blueprint.The NVIDIA Omniverse Blueprint for AI factory digital twins is a blueprint that helps to improve the design, simulation, deployment and operations of AI factories.Jacobs & NVIDIA’s PartnershipThis strategic collaboration will make life easier for engineering teams as they will be able to design, simulate and optimi ...

Terms of availability of preparatory documents for the combined general meeting of shareholders on June 11, 2025 Saint-Rémy-lès-Chevreuse – May 20, 2025. GTT (Gaztransport et Technigaz) informs its shareholders that the combined (ordinary and extraordinary) general meeting of shareholders will be held on Wednesday June 11, 2025 at 3:00 pm. The notice of meeting, including the agenda and the draft resolutions as well as the conditions and modalities of participation and voting at this meeting, was published ...

Core Insights - Horizon Aircraft is an advanced aerospace engineering company developing one of the world's first hybrid eVTOL aircraft, the Cavorite X7, which aims to combine the operational characteristics of traditional aircraft with enhanced speed, range, and utility [3]. Group 1: Company Overview - Horizon Aircraft is publicly traded on NASDAQ under the ticker HOVR and focuses on innovative aerospace solutions [3]. - The company prioritizes safety, performance, and utility in its aircraft designs, intending to meet the needs of regional operators, emergency service providers, and military customers [3]. Group 2: Upcoming Events - Management will present at the Jefferies eVTOL/AAM Summit on May 28, 2025, and will be available for one-on-one meetings during the conference [1]. - A live presentation webcast will be available for investors at 10 am ET on the same day, with a replay accessible for 30 days afterward [2].

Core Insights - Bowman Consulting Group Ltd. has been awarded a $1.3 million contract for the design and development of ATEC Parkway, a two-mile roadway in Aurora, Colorado, which is part of the larger Aurora Highlands community development [1][2] - The company is managing over $500 million in infrastructure projects in The Aurora Highlands, indicating a strong presence in the Denver metro area [2] - The ATEC Parkway project is the District's first infrastructure initiative, which is expected to facilitate future developments and enhance connectivity within the region [3] Company Overview - Bowman Consulting Group is a national engineering services firm headquartered in Reston, Virginia, with over 2,300 employees across more than 100 locations in the United States [4] - The firm specializes in providing infrastructure, technology, and project management solutions to various regulated end markets [4] - Bowman trades on the Nasdaq under the symbol BWMN, indicating its status as a publicly listed company [4]