FREMONT, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK), a global leader in sensor technology and printed electronics solutions, has announced the appointment of Darren Whittaker as the European Business Development Director. This newly created position is aimed at supporting Interlink's organic growth strategy across Europe. Whittaker will play a crucial role in implementing the company's strategic growth plan and will help expand its presence throughout the region. Wh ...

Core Viewpoint - Micromem Technologies Inc. is proceeding with a non-brokered private placement to raise up to CAD $330,000 for working capital and debt settlement, with each unit priced at CAD $0.05 and including a warrant exercisable at CAD $0.06 for one year [1] Group 1: Private Placement Details - The private placement will consist of common share units priced at CAD $0.05 per unit, with a total offering of up to CAD $330,000, subject to a 50% discretionary increase [1] - Each unit includes one common share and one warrant, which can be exercised at CAD $0.06 per share for a period of one year [1] - The proceeds from the private placement will be used for working capital and debt settlement, and all securities issued will be subject to a four-month hold period [1] Group 2: Stock Options Grant - The company has granted 5,900,000 options to purchase common shares, which are immediately vested and exercisable for five years at an exercise price of CAD $0.05 per share [2] - These options are granted to directors, officers, and employees as a replacement for options that expired in November 2025 [2] - The grant of options is subject to compliance with Canadian Securities Exchange requirements [2] Group 3: Company Overview - Micromem Technologies Inc. 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, and information technology [4]

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]

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]

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].

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].

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]

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].