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Liberty Defense Technologies Joins NVIDIA Connect Program to Accelerate AI-Powered Threat Detection Innovations
Prnewswire· 2025-12-08 13:00
About Liberty Defense Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technolo ...
Cloudastructure Wins 2025 MHN Excellence Award for Technology
Globenewswire· 2025-12-05 14:20
Core Insights - Cloudastructure has been awarded the 2025 MHN Excellence Award in Technology for its innovative AI-powered security solutions tailored for the multifamily housing sector [1][2][3] Company Overview - Cloudastructure, Inc. is a leader in AI-driven video surveillance, security analytics, and remote monitoring, headquartered in Palo Alto, California [4] - The company's platform features a scalable cloud-based architecture that integrates cloud video surveillance with proprietary AI/ML analytics and remote guarding solutions [4] Industry Impact - The MHN Excellence Awards recognize companies that leverage advanced technology to tackle challenges in multifamily housing, enhancing operations, design, marketing, and resident experience [2] - Cloudastructure's approach focuses on proactive security measures, including real-time analytics and remote monitoring, which aim to prevent incidents and improve resident satisfaction [2][3] Performance Metrics - The platform boasts a 98% deterrence rate, indicating its effectiveness in preventing security incidents before they escalate [3] - Cloudastructure claims that its solutions can achieve up to a 75% lower Total Cost of Ownership compared to traditional security systems [4]
Gorilla Technology Honoured with 2025 Nobel Sustainability Trust Nomination for Leadership in Implementation
Newsfile· 2025-12-05 14:00
Core Insights - Gorilla Technology Group Inc. has been nominated for the 2025 Nobel Sustainability Trust "Sustainability Award" in the category of "Leadership in Implementation" [1][2] - The nomination highlights the company's contributions to sustainable smart city transformation and long-term environmental innovation [2][3] Company Overview - Gorilla Technology Group Inc. is a global solution provider specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [4] - The company offers a wide range of solutions across various sectors, including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [4] Commitment to Sustainability - The company emphasizes its commitment to responsible innovation and the protection of natural ecosystems, exemplified by its involvement in the O.N.E. Amazon Impact Fund, which aims to turn biome conservation into a market-driven investment opportunity [3][4] - The nomination serves as a motivation for the company to continue advancing sustainability-driven technology [4] Technological Expertise - Gorilla Technology Group focuses on revolutionizing urban operations, enhancing security, and improving resilience through AI-driven products [5] - The company specializes in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [5]
Latest Market Update: Remarkable Price Movements Among Tech and Biotech Firms
Financial Modeling Prep· 2025-12-05 00:00
Core Insights - Several companies have shown significant price movements, attracting investor attention, including Aclarion, Inc., Aeva Technologies, Polyrizon Ltd., SMX, and Synchronoss Technologies [1] Company Summaries - **Aclarion, Inc. (NASDAQ:ACONW)**: The stock price surged to $0.11, reflecting a 184.97% increase, driven by a trading volume of 369,174, focusing on healthcare technology solutions for degenerative pain biomarkers [2][7] - **Polyrizon Ltd. (NASDAQ:PLRZ)**: The stock price rose to $13.95, marking a 96.76% gain, with a trading volume of 23,290,576, attributed to its innovative nasal sprays aimed at blocking viruses and allergens, and a pivotal manufacturing milestone [3][7] - **SMX (Security Matters) Public Limited Company (NASDAQ:SMX)**: The stock price increased to $102.45, a 75.16% rise, with a trading volume of 3,851,727, reflecting market confidence in its proprietary marker system and blockchain technology for brand protection [4][7] - **Synchronoss Technologies, Inc. (NASDAQ:SNCR)**: The stock price climbed to $8.71, a 64.34% increase, with a trading volume of 1,740,890, following a definitive acquisition agreement by Lumine Group for approximately $116.4 million, enhancing its portfolio in communications and media software [5][7] Market Environment - The recent price movements indicate a dynamic market environment where technological advancements and innovative solutions are crucial in driving investor interest and stock performance [6]
Gorilla Announces Delivery of CVR Payment Notice
Newsfile· 2025-12-04 22:45
Core Points - Gorilla Technology Group Inc. announced that holders of Class A contingent value rights (CVRs) will receive a distribution of ordinary shares, subject to the terms outlined in the Contingent Value Rights Agreement [1] - On November 18, 2025, 587,747 Earnout Shares were forfeited by Company Shareholders, which translates to 0.130382275 Ordinary Shares per Qualifying CVR Holder [2] - To become a Qualifying CVR Holder, a holder must submit a Valid Notice containing specific information; otherwise, the notice will be deemed invalid [3][4] Company Overview - Gorilla Technology Group Inc. is headquartered in London, UK, and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [5] - The company offers a variety of solutions across sectors such as Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [5] - Gorilla focuses on enhancing urban operations, security, and resilience through AI-driven products, including intelligent video surveillance and advanced cybersecurity technologies [6]
ScanTech AI Systems Inc. Initiates Appeal Process with Nasdaq; Automatic Stay Provided
Globenewswire· 2025-12-04 13:00
Atlanta, GA, Dec. 04, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced that following the previously disclosed timely Nasdaq Hearings Panel (the “Panel”) review request, a hearing before the Panel has been scheduled for January 22, 2026, to appeal the previously disclosed Nasdaq Listing Qualification Staff (“Staff”) determination regarding delisting. In connection with ...
Evolv: Prepared To Jump Back In As Conditions Improve (Rating Upgrade)
Seeking Alpha· 2025-12-04 03:44
Core Insights - Evolv Technologies Holdings, Inc. is a 12-year-old security technology company that specializes in AI-powered screening and analytics solutions, having started selling its products and services in 2019 [1] Company Overview - Evolv Technologies focuses on providing advanced security solutions that leverage artificial intelligence for screening and analytics [1]
Xtract One Announces Fiscal 2026 First Quarter Results
Globenewswire· 2025-12-03 22:52
Core Insights - Xtract One Technologies Inc. reported a record backlog of over $53 million, indicating strong revenue growth potential for fiscal 2026 and beyond [3] - The company successfully ramped up the commercial deployment of its Xtract One Gateway, with new bookings totaling $5.1 million from seven customers in the first quarter [3] - A public offering raised gross proceeds of over $11.5 million, enhancing the company's capacity to meet customer demand and invest in business development [3] Financial Performance - Consolidated revenue for the first quarter ended October 31, 2025, was $4.6 million, up from $3.6 million in the same period last year, driven by the initial commercial deployments of Xtract One Gateway [4][6] - Gross profit was $2.7 million, with a gross profit margin of 58%, compared to $2.3 million and a margin of 64% in the prior-year period, due to higher initial production and installation costs [4][6] - Comprehensive loss for the quarter was $3.0 million, slightly higher than the $2.7 million loss in the same period last year, primarily due to unrealized foreign currency translation adjustments [5][6] Operational Highlights - The total contract value of new bookings reached $8.4 million for the quarter, compared to $4.2 million in the prior-year period [6] - Contractual backlog at the end of the first quarter was $14.1 million, a slight increase from $14.0 million in the previous year, excluding an additional $39.1 million in agreements pending installation [6] - The company is working with its manufacturing partner to increase production capacity to meet current and forecasted demand for Xtract One Gateway by the end of the second quarter of fiscal 2026 [3] Cash Flow and Financial Position - Cash and cash equivalents increased to $9.1 million as of October 31, 2025, from $8.2 million at the end of the previous quarter [17][18] - The company reported cash used in operating activities of $1.2 million for the quarter, an improvement compared to $1.95 million in the same period last year [18] - Total assets as of October 31, 2025, were $23.7 million, up from $23.4 million at the end of July 2025 [17]
ScanTech AI Systems Inc. Announces Receipt of Staff Delisting Determination from Nasdaq
Globenewswire· 2025-12-02 22:15
Atlanta, GA, Dec. 02, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced that on November 26, 2025 (the “Notice”), the Nasdaq Listing Qualifications Department (“Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that its securities are subject to delisting from the Nasdaq Global Market. As previously disclosed, on May 27, 2025, Staff notified the Com ...
ScanTech AI Systems Announces Restated Q1 and Reviewed Q2 2025 Financial Statements Under New Auditor — Key Step in Nasdaq Re-Compliance Program
Globenewswire· 2025-11-28 13:00
Atlanta, GA, Nov. 28, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced that it has filed restated financial statements for the quarter ended March 31, 2025 (Q1 2025) and reviewed financial statements for the quarter ended June 30, 2025 (Q2 2025) with the U.S. Securities and Exchange Commission (SEC). The filings were completed under the oversight of the Company’s new i ...