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Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture
Globenewswire· 2026-01-02 12:00
Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments HOUSTON and LONDON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint venture with a subsidiary of Cactus, Inc., in which Baker Hughes has contributed its surface pressure control (SPC) product line. Cactus, a global manufacturer and service provider of pressu ...
Juno markets 官网:平台Kraken完成融资后,估值已达86.5亿美元
Sou Hu Cai Jing· 2025-12-30 02:32
澳大利亚能源巨头Origin Energy Ltd.表示,其深度布局的清洁能源转型软件平台Kraken Technologies Ltd.,在完成首轮股权融资后估值已攀升至86.5亿美元。 根据Origin发布的官方声明,Kraken将通过本轮融资从新老股东处募集10亿美元股权资本,这笔资金将 专项用于2026年年中从Octopus正式分拆的各项筹备工作。受这一积极信号影响,公司股价在声明发布 当日盘中一度冲高1%。 Octopus后续补充的信息显示,富达国际、Durable Capital Partners以及安大略省教师养老金计划委员会 旗下机构也加入了新股东阵营,多元化的资本注入不仅夯实了Kraken的资金储备,更有望为其带来全球 范围内的资源对接与业务拓展机会。 Kraken通过向多家能源供应商授权技术,其操作系统已覆盖全球超7000万个账户,核心功能聚焦于家庭 电力供需平衡,在可再生能源占比持续提升的背景下,能源供应商可借助该平台设计更具竞争力的用户 方案,同时通过市场化激励手段调节用电需求,有效缓解电网波动压力。 Octopus方面明确表示,分拆后Kraken将建立独立的治理架构,成为完全自主运营 ...
Baker Hughes Announces Dates for Fourth-quarter and Full-year 2025 Earnings Release and Webcast
Globenewswire· 2025-12-29 12:00
HOUSTON and LONDON, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the fourth quarter and full year ending Dec. 31, 2025, via press release at 5 p.m. Eastern Time (4 p.m. Central Time) on Sunday, Jan. 25, 2025. A webcast to discuss the results will be held Monday, Jan. 26, at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on ...
QS Energy Positions AOT 3.0 for Full‑Pipeline, Global Deployment
Accessnewswire· 2025-12-23 14:00
ShareholderBacked Investments Drive Commercial Readiness, Temple Partnership, and HighImpact Economics for Customers TOMBALL, TX / ACCESS Newswire / December 23, 2025 / QS Energy, Inc. (OTC:QSEP) today provides an update on the status of its AOT 3.0 commercialization, manufacturing readiness, and Temple University partnership as the Company advances toward fullpipeline deployment under its previously announced 400unit framework. Building a PipelinebyPipeline Commercial Program Throughout 2025, QS Energy has ...
ConnectM Announces Proposed Reverse Stock Split to Support Planned Uplisting to a National Exchange
Globenewswire· 2025-12-22 15:59
Core Viewpoint - ConnectM Technology Solutions, Inc. is seeking stockholder approval for a reverse stock split in the range of 1-for-5 to 1-for-50 to align with its plans for uplisting to a U.S. national securities exchange, aiming to enhance corporate visibility and shareholder value [1][2]. Group 1: Reverse Stock Split Details - The proposed reverse stock split will be within a range of 1-for-5 to 1-for-50, with the exact ratio to be determined by the Board [1][2]. - The reverse split is intended to support the company's strategy and application for uplisting, which is expected to increase liquidity and awareness in the financial community [2][4]. - The previous stockholder approval for a narrower reverse split range of 1-for-5 to 1-for-8 was not implemented, and the Board is now seeking broader authority [2][3]. Group 2: Effects of the Reverse Split - If approved, the reverse split will not change the overall value of the stock; the market price per share will increase proportionately with the reduction in the number of shares [5]. - Each stockholder's number of shares will be reduced proportionately based on the final split ratio, with fractional shares rounded up to the nearest whole share [5]. - The reverse split will not alter the par value of the common stock or the rights of stockholders, and it will be subject to regulatory review [3][5]. Group 3: Strategic Intent - The uplisting process and reverse split are viewed as tools to align the capital markets profile with the scale of the business, making ConnectM accessible to a broader base of long-term, high-quality investors [4]. - The company is focused on strengthening its balance sheet, simplifying its capital structure, and building a differentiated energy and AI platform through its subsidiaries [2][4]. Group 4: Company Overview - ConnectM Technology Solutions, Inc. operates in the modern energy economy, providing AI-powered electrification, distributed energy, last-mile delivery, and industrial IoT solutions globally [7].
Baker Hughes to Supply Liquefaction Equipment for Commonwealth LNG Export Project
Globenewswire· 2025-12-22 13:05
Core Insights - Baker Hughes has received a Full Notice To Proceed from Technip Energies for supplying liquefaction equipment for Commonwealth LNG's export facility in Louisiana, which has a capacity of 9.5 million tonnes per annum (MTPA) [1][2] Group 1: Project Details - The award includes six refrigerant turbo compressors that utilize LM9000 aeroderivative gas turbines paired with centrifugal compressors, showcasing Baker Hughes' advanced LNG technologies [2] - The Commonwealth LNG project is part of Caturus' strategy to develop a leading independent integrated natural gas company, emphasizing its significance in the global LNG market [3] Group 2: Technology and Efficiency - The LM9000 gas turbine is noted for its high efficiency, exceeding 44% under ISO conditions, and is recognized as the most efficient in its power class (70+ MW range) [3] - The project scope includes commissioning services, capital spares, extended warranty, and a full string test, which will enhance maintenance and service intervals [3] Group 3: Strategic Collaboration - The collaboration between Baker Hughes, Technip Energies, and Commonwealth LNG is highlighted as a key factor in advancing the project towards its final investment decision [3] - Baker Hughes' commitment to sustainable energy development is reinforced through this award, which aims to meet the growing global demand for reliable and lower-carbon LNG [3]
城记 | “零碳园区”规模化元年 走进朗新看“AI+能源”前沿
Xin Hua Cai Jing· 2025-12-19 08:53
Core Viewpoint - The integration of digital economy and "dual carbon" strategy is reshaping the global energy system, with technological innovation in energy companies being a key measure of industry competitiveness [1] Group 1: Technological Innovation - Longxin Technology Group has made continuous breakthroughs in integrating AI and energy scenarios, becoming a significant force in driving energy transition [1] - The company has developed the "Longxin Jiugong AI Energy Model," which combines "time series prediction" and "AI agents" to address core industry challenges such as power load forecasting and risk management [2][3] - The model has achieved over 75% accuracy in price difference prediction and over 97% accuracy in load forecasting in actual applications within power spot markets [3] Group 2: Industry Implementation - Longxin Technology has created a scalable business model by coupling AI model technology with actual industry needs, exemplified by the Wuxi Zero Carbon Industrial Park [4] - The park has been recognized as a benchmark for zero-carbon technology parks in Jiangsu Province and has achieved carbon neutrality certification for two consecutive years [4] - The transition to zero-carbon parks is expected to generate over one trillion yuan in investment demand as the country moves towards low-carbon transformation [4] Group 3: Electricity Market Development - The electricity market is rapidly developing, with 28 provinces now participating in the spot market, a significant increase from 8 provinces last year [5] - Longxin Technology has obtained electricity sales qualifications in all 28 provinces, with a projected 300% growth in trading volume by the end of the year [5] - The company has also established a service platform targeting small and medium-sized enterprises, which have not yet entered the electricity market, indicating a vast market potential [5] Group 4: Public Services and Digitalization - Longxin Technology has pioneered internet payment services for public utilities, connecting over 7,000 utility institutions and serving hundreds of millions of households [6] - The "Xindian Tu" platform has created a smart charging network covering 440 cities and over 2.7 million registered users, becoming a leading charging service platform [6][7] - The company emphasizes collaboration with major players in the energy sector to enhance the digitalization of energy assets and expand its service offerings [7][8] Group 5: Global Reach and Future Outlook - Longxin Technology's influence extends to 15 countries and regions, serving over 80 million users globally, promoting Chinese energy digitalization technology along the Belt and Road [8] - The company aims to drive the energy system towards a cleaner, smarter, more efficient, and inclusive direction through technological innovation and alignment with industry and societal needs [8]
Critical Infrastructure Technologies Executes a Confidentiality Agreement with Aegis Critical Energy Defence Corp.
Thenewswire· 2025-12-17 13:05
Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Non-Disclosure Agreement (NDA) with Aegis Critical Energy Defence Corp. to explore collaboration opportunities in secure energy and digital platforms [1][2][3] Group 1: Agreement Details - The NDA allows both companies to exchange confidential information and assess potential collaboration in areas such as secure energy, digital platforms, and critical infrastructure applications [2][3] - The agreement does not commit either party to a transaction but facilitates structured discussions while protecting proprietary information [3] Group 2: Company Profiles - Aegis Critical Energy Defence Corp. specializes in advanced battery energy storage systems for various applications, including defence and critical infrastructure [5] - CiTech focuses on developing autonomous, high-capacity mobile communications technology, targeting sectors like mining, defence, and emergency services with its product, the Nexus 16 [7] Group 3: Strategic Importance - The collaboration aims to align the capabilities of both organizations in secure energy and digital domains, which is crucial for regulated and critical infrastructure environments [4] - Aegis emphasizes its commitment to delivering secure energy systems through partnerships with Indigenous communities and global technology leaders [5][6]
Forbes Highlights NextNRG's Technology as a Capable Solution to the Food System's Growing Energy Challenge
Globenewswire· 2025-12-16 14:00
Core Insights - NextNRG, Inc. is highlighted in Forbes for addressing the overlooked risks in the global food system related to the energy burden of cold storage and temperature-controlled operations [1][2] - The article emphasizes the convergence of energy volatility, grid reliability concerns, and sustainability pressures, which challenge the resilience of the food supply chain [1][2] Industry Overview - The food infrastructure is increasingly exposed to demand charges, unpredictable power costs, and operational risks from outages, impacting inventory integrity, food safety, and the economics of perishable goods [2] - NextNRG is positioned to provide facility-level solutions that integrate on-site generation, advanced energy storage, and intelligent energy management to stabilize costs and protect critical assets [2] Company Positioning - CEO Michael D. Farkas states that reliable power is essential for cold storage and temperature-controlled facilities, which face rising energy costs and pressure to maintain resilience [3] - NextNRG's technology aims to reduce exposure to energy volatility, enhance reliability, and support long-term sustainability goals [3] - The company is experiencing increased demand for integrated systems that combine generation, storage, and AI-driven controls from various customers, including cold storage operators and distribution hubs [3] Technological Solutions - NextNRG's platform is designed for high-demand, mission-critical facilities, delivering measurable outcomes such as lower electricity costs, reduced peak demand exposure, enhanced outage resilience, and decreased reliance on carbon-intensive backup generators [3] - The company integrates AI and machine learning into utility infrastructure, battery storage, and renewable energy to create a unified platform for modern energy management [5][6]
PainReform Confirms the Ability of Its LayerBio Drop-Less Sustained-Release Ocular Platform to Accommodate Multiple Drug Entities
Globenewswire· 2025-12-10 13:30
Core Insights - PainReform Ltd. has completed an R&D assessment of LayerBio's drop-less, sustained-release ocular drug-delivery platform, confirming its potential to reduce or eliminate reliance on medicated eye drops for cataract patients [1][4] - The platform has successfully incorporated corticosteroids and NSAIDs, indicating its technical feasibility for multi-drug delivery [2] - The OcuRing, a pre-fabricated device, allows for sustained-release drug delivery during cataract surgery, improving patient comfort and compliance, particularly among elderly patients [3] Company Overview - PainReform Ltd. focuses on reformulating established therapeutics and developing AI-driven energy optimization technologies through its DeepSolar platform, reflecting a strategic commitment to healthcare and sustainable energy [5] - The company's pharmaceutical programs utilize a proprietary extended-release drug-delivery system aimed at providing prolonged post-surgical pain relief while minimizing the need for repeated dosing and reducing reliance on opioids [5]