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TECO Wins Major Hyperscale Data Center MEP Projects in Malaysia
Prnewswire· 2025-07-18 13:00
TAIPEI, July 18, 2025 /PRNewswire/ -- TECO Electric & Machinery Co., Ltd. (TWSE: 1504) has announced a major milestone following its March acquisition of Malaysian MEP engineering company NCL Energy. The company has secured significant data center projects in Selangor and Johor Bahru, marking its entry into the hyperscale data center sector. With a combined capacity of 178 MW, these two contracts have a total value exceeding MYR 170 million (approximately TWD 1.17 billion).Chairman Morris Li emphasized that ...
Kraig Biocraft Laboratories Nears Strategic Three-Year Government Collaboration to Expand Recombinant Spider Silk Production
Globenewswire· 2025-07-18 11:05
ANN ARBOR, Mich., July 18, 2025 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("Company" or "Kraig Labs"), a world leader in spider silk technology*, announces that it is finalizing a significant three-year collaborative agreement with a key government agency in Southeast Asia to expand the scale and security of its recombinant spider silk manufacturing platform. This landmark agreement, expected to be signed before the end of July, marks the culmination of years of relationship-buildi ...
KBR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of KBR, Inc. Investors
GlobeNewswire News Room· 2025-07-17 23:50
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against KBR, Inc. regarding possible violations of federal securities laws and unlawful business practices following a significant stock price drop due to the termination of a key contract [2][3]. Group 1: Company Overview - KBR, Inc. is a publicly traded company listed on the NYSE under the ticker symbol KBR [2]. - The company was involved in a joint venture, HomeSafe Alliance, which had its role in the Global Household Goods Contract terminated by U.S. Transportation Command [3]. Group 2: Stock Performance - Following the announcement of the contract termination, KBR's stock price decreased by $3.85 per share, representing a decline of 7.29%, closing at $48.93 per share on June 20, 2025 [3]. Group 3: Legal Investigation - Bragar Eagel & Squire, P.C. is encouraging KBR stockholders who suffered losses to contact them to discuss their legal rights and potential claims [1][4]. - The law firm is specifically looking into whether KBR has engaged in unlawful business practices that may have affected stockholder interests [2].
M-tron Industries, Inc. (MPTI) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-07-17 23:16
M-tron Industries, Inc. (MPTI) closed at $41.13 in the latest trading session, marking a +1.23% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.54%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 0.74%. The company's stock has climbed by 1.37% in the past month, falling short of the Construction sector's gain of 4.35% and the S&P 500's gain of 4.2%.The upcoming earnings release of M-tron Industries, Inc. will be of great interest to investors. ...
STN vs. UMAC: Which Infrastructure Innovator Has More Upside?
ZACKS· 2025-07-17 18:06
Key Takeaways UMAC's 1Q25 revenues jumped 59% Y/Y, supported by drone demand and U.S.-based manufacturing. STN's Q1 net revenues rose 13.3% Y/Y, with organic growth across the U.S., Canada and international markets. STN trades at 5.96X P/B vs. UMAC's 19.21X, offering a far cheaper valuation despite robust performance.Both Unusual Machines (UMAC) and Stantec (STN) are engineering-focused companies innovating within the infrastructure and industrial tech space. Unusual Machines is a drone company manufactur ...
Synopsys Completes Acquisition of Ansys
Prnewswire· 2025-07-17 13:01
Creating the Leader in Engineering Solutions from Silicon to Systems Synopsys expects to deliver the first set of integrated capabilities in the first half of 2026 that fuse multiphysics across the full EDA stack, including for multi-die advanced packaging. The combined roadmap also includes integrated solutions to advance testing and virtualization of complex, intelligent systems for automotive and other industries. This combination bolsters Synopsys' strong financial position with projected margin expansi ...
Parsons Wins ACEC New York Diamond Award for Brooklyn Bridge Rehabilitation Project
Globenewswire· 2025-07-17 10:25
CHANTILLY, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) is proud to announce that its leadership as prime design consultant on the Brooklyn Bridge Rehabilitation Project has been honored with the prestigious Diamond Award in the Structural Systems category from the American Council of Engineering Companies (ACEC) of New York (NY). This award represents the highest recognition given by ACEC NY and celebrates projects that demonstrate innovation, technical excellence, and benefit to ...
ESCO Technologies Announces Third Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-16 20:15
Core Viewpoint - ESCO Technologies Inc. is set to report its third quarter financial results on August 7, 2025, followed by a conference call to discuss the results and related commentary [1]. Company Overview - ESCO Technologies is a global provider of highly engineered products and solutions, serving diverse end-markets including aviation, Navy, space, and industrial sectors [3]. - The company manufactures filtration and fluid control products, advanced composites, and power management solutions [3]. - ESCO is recognized as an industry leader in designing and manufacturing RF test and measurement products and systems, along with providing diagnostic instruments, software, and services to industrial power users and the electric utility and renewable energy industries [3]. - The company is headquartered in St. Louis, Missouri, and has offices and manufacturing facilities worldwide [3].
Stantec's Backlog Surge Points to Revenue Acceleration Ahead
ZACKS· 2025-07-16 17:55
Key Takeaways STN's backlog rose in the U.S., Canada and Global segments, supporting strong near-term revenue visibility. U.S. backlog climbed 12.6% to $4.8B, fueled by expected 2025 water projects and easing policy uncertainty. Global growth drivers include the UK's AMP8, AU/NZ water frameworks and Germany's $500B infrastructure fund.Stantec (STN) is positioning itself for a strong growth trajectory, with rising backlog figures serving as the clearest signal yet. Across all three geographic segments — U. ...
KBR Awarded FEED Contract for KEPPT's Fertilizer Facility in Iraq
Globenewswire· 2025-07-16 10:00
HOUSTON, July 16, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it has been awarded a front-end engineering design (FEED) contract for the development of an ammonia and urea production plant by KAR Electrical Power Production Trading FZE (KEPPT) in Basra, Iraq. Under the terms of the contract, KBR will provide FEED for the 2,300 metric tons per day (MTPD) ammonia production facility and a 3,850 MTPD urea production unit. The FEED will be executed utilizing KBR’s proprietary ammonia technolog ...