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Ondas (ONDS) Acquires Controlling Interest in Israeli Sensor Company
Yahoo Finance· 2025-11-03 16:15
Core Insights - Ondas Holdings Inc. (NASDAQ:ONDS) has acquired a controlling interest in Insight Intelligent Sensors, marking a significant development for the company [1][3] - Insight Intelligent Sensors specializes in AI-driven electro-optical sensing systems, capable of real-time anomaly detection in complex environments [2] - The acquisition aligns with Ondas's strategy to create a unified defense and security architecture that integrates sensing, autonomy, and communications across various domains [3] Company Overview - Ondas Holdings Inc. operates through three business units: Ondas Autonomous Systems (OAS), Ondas Capital, and Ondas Networks, focusing on autonomous systems and private wireless solutions [5] - The integration of Insight Intelligent Sensors into Ondas's global defense portfolio aims to enhance capabilities in Intelligence, Surveillance, and Reconnaissance (ISR), border security, critical infrastructure, and environmental sustainability [4]
Micromem Technologies Provides Update
Newsfile· 2025-10-27 20:30
Core Insights - Micromem Technologies Inc. is actively progressing on its collaboration with the University of Toronto and the Department of National Defence, focusing on gas and liquid sensing technologies [2][3] - The company plans to submit a revised research proposal to NATO DIANA in 2026 after its initial submission was not advanced [4] - Ongoing discussions with Chevron are part of Micromem's commercial engagement initiatives [4] Company Activities - A meeting with the University of Toronto, NSERC, and DRDC is anticipated before the end of 2025 to review the program's progress and establish plans for 2026 [3] - Micromem continues to keep shareholders informed about developments [5] Company Overview - Micromem Technologies Inc. develops and commercializes advanced sensor solutions using proprietary nanotechnology, targeting industries such as oil & gas, utilities, automotive, healthcare, and government [6]
Micromem Closes Private Placement
Newsfile· 2025-10-10 20:05
Core Viewpoint - Micromem Technologies Inc. has successfully closed a non-brokered private placement, raising approximately C$498,652 through the issuance of 9,066,400 units at a price of C$0.055 per unit, with each unit consisting of one common share and one warrant [1][2]. Group 1: Private Placement Details - The private placement involved the issuance of 9,066,400 common shares and 9,066,400 warrants, with the warrants exercisable at C$0.06 per share for one year [1]. - All securities issued in the private placement are subject to a four-month hold period, and no insiders participated in this offering [1]. - The net proceeds from the private placement will be utilized for working capital [2]. Group 2: Company Overview - Micromem Technologies Inc. is a publicly traded company that focuses on analyzing specific industry sectors to create innovative applications that meet market needs [4]. - The company leverages its expertise in sophisticated sensor applications to develop solutions for various industries, including oil & gas, utilities, automotive, healthcare, government, information technology, and manufacturing [4].
Micromem Announces Proposed Private Placement
Newsfile· 2025-09-30 20:15
Core Viewpoint - Micromem Technologies Inc. is proceeding with a non-brokered private placement to raise up to CAD $400,000 through the sale of common share units priced at CAD $0.055 per unit, with proceeds aimed at working capital and debt settlement [1]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one warrant exercisable at CAD $0.06 per share for one year [1]. - The total amount raised can be increased by 50% at the company's discretion [1]. - All securities issued will be subject to a four-month hold period and are pending final regulatory approvals [1]. Group 2: Company Overview - Micromem Technologies Inc. focuses on creating innovative applications for various industries, including oil & gas, utilities, automotive, healthcare, government, IT, and manufacturing [3]. - The company leverages its expertise in sophisticated sensor applications to address unmet market needs [3]. - Micromem is publicly traded on OTCQB under the symbol MMTIF and on CSE under the symbol MRM, with 607,024,014 shares issued [6].
Interlink Electronics Announces Letter of Intent for Acquisition Transaction
Globenewswire· 2025-09-02 13:00
Core Viewpoint - Interlink Electronics, Inc. has announced a non-binding Letter of Intent for the acquisition of a UK-based privately held company for an all-cash purchase price of up to approximately $1.9 million, which includes a three-year earnout component [1][2] Group 1: Acquisition Details - The acquisition target has over two decades of experience in contract manufacturing and outsourced engineering services, with revenues of approximately $5 million in its last fiscal year, breaking even [1] - The transaction is subject to the execution of a definitive purchase agreement, satisfactory due diligence, and customary closing conditions, with an anticipated closing later this year [1] Group 2: Strategic Implications - The acquisition is expected to be complementary to Interlink's Calman Technology subsidiary and aims to enhance the company's resources and sales efforts [2] - This move reflects the company's commitment to growth through both organic means and acquisitions, while also expanding its presence in the UK and EU markets [2] Group 3: Company Background - Interlink Electronics is a leader in sensor technology and printed electronic solutions, with nearly 40 years of experience serving diverse markets including medical, industrial, automotive, wearables, and IoT [2]
Interlink Electronics to Present at the 2025 Gateway Conference on September 3rd
GlobeNewswire News Room· 2025-08-20 12:30
Core Insights - Interlink Electronics, Inc. is set to present at the 2025 Gateway Conference on September 3-4, 2025, in San Francisco, CA, showcasing its leadership in sensor technology and printed electronic solutions [1][2]. Company Overview - Interlink Electronics has 40 years of experience in delivering critical technologies across various markets, including medical, industrial, automotive, wearables, IoT, and specialty markets [5]. - The company serves a global customer base from its headquarters in Fremont, California, and has additional facilities in Camarillo, California, Shenzhen, China, Irvine, Scotland, and Barnsley, England [6]. Strategic Initiatives - CEO Steven N. Bronson will discuss the company's strategic growth initiatives, emphasizing customer momentum, double-digit revenue growth, margin expansion, and positive net income in Q2 2025 [3]. - Interlink has established growing relationships with Fortune 500 customers and achieved recent wins, including a major integrated sensing design award and grant funding for next-generation air quality monitoring [3]. - The company is focused on scaling its sales organization, advancing product innovation, and executing a disciplined M&A strategy, positioning itself for consistent profitability and accelerated revenue growth in 2026 [3].