MLC

Mevion Selected to Equip BayCare’s Proton Therapy Center in Tampa

Retrieved on: 
Freitag, November 3, 2023

Mevion Medical Systems, the leading provider of compact single-room proton therapy systems, is pleased to announce it has been selected by BayCare to equip the St. Joseph’s Hospital Cancer Institute in Tampa with a MEVION S250-FIT Proton Therapy System™*.

Key Points: 
  • Mevion Medical Systems, the leading provider of compact single-room proton therapy systems, is pleased to announce it has been selected by BayCare to equip the St. Joseph’s Hospital Cancer Institute in Tampa with a MEVION S250-FIT Proton Therapy System™*.
  • “BayCare is bringing an advanced proton radiation therapy center to Tampa so patients in our community don’t have to drive to Orlando or beyond to get this level of high-quality care.”
    The MEVION S250-FIT Proton Therapy System is thoughtfully designed to expedite proton therapy project timelines with a compact footprint, reduced construction requirements, and accelerated installation process.
  • “We are dedicated to advancing proton therapy technology and access, and I look forward to making a meaningful difference to patients and families across West Central Florida.”
    *The MEVION S250-FIT Proton Therapy System, FLASH therapy, online adaptive therapy, and ARC therapy are not yet available for clinical use.
  • Dedicated to advancing the design and accessibility of proton therapy worldwide, Mevion pioneered the single-room platform and continues to further the science and application of proton therapy.

Enterprise Flash Storage Market Growth Accelerates at 13.5% CAGR, Fueled by Cloud Adoption and Digitalization

Retrieved on: 
Donnerstag, Oktober 26, 2023

DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Global Enterprise Flash Storage Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 26, 2023 /PRNewswire/ -- The "Global Enterprise Flash Storage Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global enterprise flash storage market is on a robust growth trajectory, with a projected increase of USD 7,971.55 million during 2022-2027, accelerating at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period.
  • Several factors are driving the growth of the enterprise flash storage market, including:
    High-Performance Storage Demand: Increasing demand for high-performance storage solutions is propelling market growth, as organizations seek efficient and agile storage options to handle vast amounts of data.
  • Key players in the enterprise flash storage market, mentioned in the report, include:

Mount Logan Capital Inc. Announces Transaction with Canaccord Genuity G Ventures Corp. will not Proceed

Retrieved on: 
Montag, September 25, 2023

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announces that Canaccord Genuity G Ventures Corp. (“G-Corp”) has announced that the board of directors of G-Corp has determined that they do not believe that G-Corp will receive the regulatory approvals required to extend G-Corp’s permitted timeline to complete the proposed qualifying transaction with Mount Logan, the transaction will not be proceeding and G-Corp intends to wind-up in accordance with its articles and the policies of Cboe Canada, the new business name of the Neo Exchange Inc.

Key Points: 
  • TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announces that Canaccord Genuity G Ventures Corp. (“G-Corp”) has announced that the board of directors of G-Corp has determined that they do not believe that G-Corp will receive the regulatory approvals required to extend G-Corp’s permitted timeline to complete the proposed qualifying transaction with Mount Logan, the transaction will not be proceeding and G-Corp intends to wind-up in accordance with its articles and the policies of Cboe Canada, the new business name of the Neo Exchange Inc.

Deloitte: Manufacturing Industry Expected to be Fundamentally Transformed by Industrial Metaverse

Retrieved on: 
Donnerstag, September 14, 2023

A new report from Deloitte and the Manufacturing Leadership Council (MLC), " Exploring the Industrial Metaverse ," examines the opportunity for manufacturers to leverage next-gen technology by entering the industrial metaverse and its immersive three-dimensional virtual environments to spearhead ongoing transformation and improve operational efficiencies.

Key Points: 
  • A new report from Deloitte and the Manufacturing Leadership Council (MLC), " Exploring the Industrial Metaverse ," examines the opportunity for manufacturers to leverage next-gen technology by entering the industrial metaverse and its immersive three-dimensional virtual environments to spearhead ongoing transformation and improve operational efficiencies.
  • Deloitte survey shows 92 percent of manufacturing companies surveyed are leveraging the industrial metaverse currently.
  • "The manufacturing industry is positioned to springboard into the industrial metaverse.
  • " Exploring the Industrial Metaverse " is based on Deloitte and the MLC's survey of over 350 senior executives in the U.S. manufacturing industry in May 2023.

Press Release: Flavor and sustainability of plant-based food enhanced as Nicoya AB (publ) investment Foodiq OY takes global to local through its production line innovation

Retrieved on: 
Freitag, September 1, 2023

With a focus on consumer well-being, innovation and sustainability, Foodiq's plant-based dairy process promises a brighter and greener future for the global food landscape.

Key Points: 
  • With a focus on consumer well-being, innovation and sustainability, Foodiq's plant-based dairy process promises a brighter and greener future for the global food landscape.
  • By minimizing reliance on the global raw material supply chain, this approach aims to create a more sustainable and resilient food industry.
  • "We are excited to lead the Plant-Based Food 2.0 movement with our innovative Multi-Layer Cooking (MLC) technology," said Robert Savikko, CEO of Foodiq.
  • "By combining sustainability, consumer satisfaction, and versatility, we aim to redefine the food industry, one plant-based product at a time."

Mount Logan Capital Increases Surplus with Issuance of US$12,000,000 Surplus Note

Retrieved on: 
Mittwoch, August 30, 2023

TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) is pleased to announce that its wholly-owned subsidiary, Ability Insurance Company (“Ability”) has increased its surplus capital by raising proceeds of US$12 million through the issuance of a 10% surplus note due December 2032 (the “Surplus Note”).

Key Points: 
  • TORONTO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) is pleased to announce that its wholly-owned subsidiary, Ability Insurance Company (“Ability”) has increased its surplus capital by raising proceeds of US$12 million through the issuance of a 10% surplus note due December 2032 (the “Surplus Note”).
  • “This is an important step for Ability as we drive growth and make progress towards our long-term vision for the Company,” said Annie Elliott, the President of Ability.
  • Ted Goldthorpe, CEO of Mount Logan, added, “This is a key milestone for Mount Logan, as it allows us to continue to grow our insurance asset management business and execute on our business plan.”
    The proceeds from the Surplus Note provide additional surplus funds to Ability and will be used for general working capital purposes.
  • The note pays a 10% coupon quarterly in arrears, and performance is guaranteed by an affiliate of Ability.

Next-Generation Memory Market worth $17.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Montag, August 21, 2023

By technology, the MRAM is projected to hold the largest share of the next-generation memory market during the forecast period.

Key Points: 
  • By technology, the MRAM is projected to hold the largest share of the next-generation memory market during the forecast period.
  • This memory is well commercialized among next-generation non-volatile memory technologies.
  • Healthcare application segment is projected to grow at high CAGR of the next-generation memory market during the forecast period.
  • The Asia Pacific region is expected to hold the largest share of the next-generation memory market during the forecast period.

Next-Generation Memory Market worth $17.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Montag, August 21, 2023

By technology, the MRAM is projected to hold the largest share of the next-generation memory market during the forecast period.

Key Points: 
  • By technology, the MRAM is projected to hold the largest share of the next-generation memory market during the forecast period.
  • This memory is well commercialized among next-generation non-volatile memory technologies.
  • Healthcare application segment is projected to grow at high CAGR of the next-generation memory market during the forecast period.
  • The Asia Pacific region is expected to hold the largest share of the next-generation memory market during the forecast period.

Mount Logan Capital Inc. Obtains Loan of US$5,000,000 to Support Growth of Ability Insurance Company

Retrieved on: 
Dienstag, August 15, 2023

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) is pleased to announce that Lind Bridge L.P. (“Lind Bridge”), a limited partnership of which Mount Logan is the sole limited partner and a wholly-owned subsidiary of Mount Logan is the sole general partner, has issued a term promissory note (the “Note”) for gross proceeds to Lind Bridge of US$5,000,000 (the “Loan Amount”).

Key Points: 
  • TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) is pleased to announce that Lind Bridge L.P. (“Lind Bridge”), a limited partnership of which Mount Logan is the sole limited partner and a wholly-owned subsidiary of Mount Logan is the sole general partner, has issued a term promissory note (the “Note”) for gross proceeds to Lind Bridge of US$5,000,000 (the “Loan Amount”).
  • Pursuant to the Note, Lind Bridge has borrowed the Loan Amount and has agreed to pay interest to the lender on the unpaid principal amount of the Note, including PIK Interest (as defined below) (the “Principal Amount”) at a rate per annum equal to 7.5% before and after demand, maturity, default and/or judgment until the full and final repayment of the Principal Amount.
  • Interest shall be calculated, compounded and paid-in-kind in by being capitalized and added to the outstanding principal balance of the Note quarterly in arrears on the first business day of the first month of each quarter commencing on October 1, 2023 (the “PIK Interest”), and shall be payable on April 1st, 2025 (the “Maturity Date”) together with the outstanding Principal Amount, provided that the amount repaid to the lender in full satisfaction of the obligations of Lind Bridge under the Note shall result in a minimum 4% return on the Loan Amount.
  • Lind Bridge intends to contribute the Loan Amount to its wholly-owned subsidiary, Ability Insurance Company (“Ability”) which amount will be used by Ability to support the reinsurance of additional annuities in order to grow Ability’s assets, and further diversity the business of Ability away from its long-term care business.

Mount Logan Capital Inc. Announces Entry into Business Combination With Canaccord Genuity G Ventures Corp.

Retrieved on: 
Montag, August 14, 2023

Business Combination provides Mount Logan with capital to be utilized across the business to support growth initiatives and scale the business.

Key Points: 
  • Business Combination provides Mount Logan with capital to be utilized across the business to support growth initiatives and scale the business.
  • Subject to completion of the Business Combination, all members of the board of directors of Mount Logan are expected to continue as directors of Mount Logan.
  • Pursuant to the Arrangement Agreement, Mount Logan and G-Corp have agreed to use commercially reasonable efforts to assist G-Corp in completing the Business Combination.
  • Mount Logan and G-Corp also agreed to operate the business to be acquired by Mount Logan in the ordinary course pending completion of the Business Combination.