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Hyliion Holdings Reports First-Quarter 2024 Financial Results

Retrieved on:

Dienstag, April 30, 2024

Technology, Trucking, Other Energy, Transport, Nuclear, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Hardware, BETA, Sale, Investment, Alpha, Hydrogen, Hand, Partnership, Electricity, Biomass, Wind, EV, Mobility, Share repurchase, Letter, Growth, 3D printing

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results.

Key Points:

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results.
Hyliion is initially developing a locally-deployable 200kW generating system which it intends to deliver to initial deployment customers in late 2024.
Hyliion expects to achieve commercialization of the KARNO generator with the capital on hand.
The company also projects gross margins to be approximately break-even or slightly negative and cash spending to grow modestly compared to 2024.

Cadence Reports First Quarter 2024 Financial Results

Retrieved on:

Montag, April 22, 2024

Electronic Design Automation, Semiconductor, Technology, Software, Artificial Intelligence, Hardware, BETA, Dynamic duo, AI, LLM, CDNS, Webcast, Cadence Design Systems, Silicon, Acquisition, Digital twin, GAAP

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the first quarter of 2024.

Key Points:

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the first quarter of 2024.
“Q1 was a strong start to the year for Cadence as we delivered solid Q1 results,” said Anirudh Devgan, president and chief executive officer.
“I am pleased that we delivered record Q1 bookings and achieved record Q1 backlog of approximately $6.0 billion.”
Commentary on the first quarter of 2024 financial results by John Wall, senior vice president and chief financial officer, is available at www.cadence.com/cadence/investor_relations .
An archive of the webcast will be available starting April 22, 2024 at 5 p.m. (Pacific) and ending June 14, 2024 at 5 p.m. (Pacific).

Zentist Launches Cavi AR, an RCM Software for Dental Insurance AR & Claims Management

Retrieved on:

Montag, April 15, 2024

Software, Practice Management, Internet, Payments, Health, Technology, Health Insurance, Dental, BETA, Revenue cycle management, Insurance, Partnership, Eras, Automation, RCM, Associate, Multimedia

Zentist, the leading cloud-based insurance Revenue Cycle Management (RCM) software for the U.S. dental groups, proudly announces the introduction of Cavi AR, an additional innovative solution that is part of their product suite, Remit AI.

Key Points:

Zentist, the leading cloud-based insurance Revenue Cycle Management (RCM) software for the U.S. dental groups, proudly announces the introduction of Cavi AR, an additional innovative solution that is part of their product suite, Remit AI.
View the full release here: https://www.businesswire.com/news/home/20240415308489/en/
Cavi AR - Dental A/R Management Solution (Graphic: Business Wire)
Cavi AR revolutionizes the dental accounts receivable management of outstanding claims from start to finish for DSOs.
With a single dashboard for outstanding claims management, Cavi AR ensures that every claim is tracked and managed accurately until it is processed.
Also, before the availability of Cavi AR, dental groups historically relied on more than one RCM software vendor to address different challenges within the insurance revenue cycle.

INTRODUCING BYOMA BODY

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Mittwoch, März 13, 2024

PHA, TIME, Face, Cell, Hyperpigmentation, Science, Microbiota, Complex, Inflammation, NMF, Dermis, Red, Skin, Ceramide, Love, BLUE, Irritation, BETA, Sphingolipid, Cholesterol, Dicarboxylic acid, Gland, Itch, Cosmetics

NEW YORK, March 13, 2024 /PRNewswire/ -- BYOMA BODY is here to disrupt and democratize the bodycare category in the same way we revolutionized skincare – bringing best-in-class barrier care and skin-compatible science below the neck. This is accessible, affordable, and approachable barrier care for the rest of you – targeted, clinically efficacious, sensorial formulas for your best body.

Key Points:

BYOMA Body is here to change that.
Skin does not have a uniform composition, so we are more likely to experience different issues on our body than on our faces.
BYOMA has carefully studied the science of skin – breaking down the barrier from the lipid layer to the microbiome.
This is a breakthrough in skin science that delivers the same level of care to your body as you show your face.

Cadence to Acquire BETA CAE, Expanding into Structural Analysis

Retrieved on:

Dienstag, März 5, 2024

The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.

Key Points:

The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.
Over the past few years, Cadence has expanded its system analysis portfolio to build out a comprehensive multiphysics platform including electromagnetics (EM), electrothermal (ET) and computational fluid dynamics (CFD) solutions, and with BETA CAE, Cadence will enter structural analysis, the largest system analysis segment.
Additionally, BETA CAE’s EPILYSIS and FATIQ solvers enable customers to efficiently solve structural analysis and optimization problems.
BETA CAE has annual revenue of about $90 million, and Cadence expects BETA CAE to contribute approximately $40 million to 2024 revenue.

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on:

Dienstag, Februar 13, 2024

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its fourth-quarter and full-year 2023 financial results.

Key Points:

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its fourth-quarter and full-year 2023 financial results.
To lead these efforts, Hyliion recently hired former Cummins powergen executive, Govi Ramasamy, as Chief Commercial Officer.
Hyliion also announced today that Detmar Logistics has executed a non-binding letter of intent for a KARNO generator and to be part of Hyliion’s early adopter program.
Hyliion hosted a Technology Fireside Chat in December 2023 during which Thomas Healy and Josh Mook, Chief Technology Officer, explained the capabilities and advantages of the generator.

1606 Corp. Launches 2nd Major Marketing Campaign With ISO Partner Cannasite

Retrieved on:

Dienstag, Februar 6, 2024

Partnership, Corp, CBD, CBDW, Growth, ISO, BETA, Marketing, Sales

SEATTLE, Feb. 6, 2024 /PRNewswire/ -- 1606 Corp. (Stock Symbol: CBDW), a frontrunner in the development of AI-driven merchandising chatbots for online brands, is excited to announce the launch of an innovative marketing campaign in collaboration with its latest ISO partner, Cannasite.

Key Points:

SEATTLE, Feb. 6, 2024 /PRNewswire/ -- 1606 Corp. (Stock Symbol: CBDW), a frontrunner in the development of AI-driven merchandising chatbots for online brands, is excited to announce the launch of an innovative marketing campaign in collaboration with its latest ISO partner, Cannasite.
Following the remarkable success of our December marketing initiative with Cool Blue Distribution, targeting CBD merchants, we enter this new campaign with high expectations and enthusiasm.
The previous campaign not only demonstrated the robust demand for ChatCBDW but also underscored the effectiveness of our marketing strategies in promoting AI chatbot solutions.
This latest marketing campaign is a step forward in our ongoing effort to facilitate seamless, AI-enhanced interactions between online retailers and their clientele.

Audience Town Announces an Additional Funding Round Led by Existing Investors to Accelerate Growth of Consumer Analytics Platform & Marketing Attribution for Real Estate Brands and Technology Partners

Retrieved on:

Dienstag, Januar 30, 2024

Commercial Building & Real Estate, Software, Construction & Property, Data Management, Urban Planning, Technology, Other Construction & Property, Residential Building & Real Estate, Partnership, Growth, Audience, Housing, Marketing, Town, Partner, BETA, Sale, Software as a service, ROI

Audience Town , the consumer intelligence platform that has advanced data analytics and insights for the real estate industry, today announced an additional round of funding led by existing lead investors Wasatch Equity Partners .

Key Points:

Audience Town , the consumer intelligence platform that has advanced data analytics and insights for the real estate industry, today announced an additional round of funding led by existing lead investors Wasatch Equity Partners .
The funding will be used to accelerate Audience Town’s upgraded analytics platform and allow partnership with leading real estate platforms across technology, listings, and data.
The funding will advance the development of Audience Town’s new and rapidly growing community-based analytics platform, now in closed BETA, which will officially launch for general availability in February 2024.
The new community analytics platform includes the groundbreaking attribution solution, which revolutionizes the way real estate marketing teams credit sales to each lead & marketing channel.

Hyliion Begins Printing Production-Intent Design Components of the KARNO™ Generator

Retrieved on:

Mittwoch, Januar 24, 2024

Alternative Energy, Energy, Automotive, Trucking, Automotive Manufacturing, General Automotive, Transport, Manufacturing, Multimedia, Rise, Distributed power, Conference, BETA, 3D printing

Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, today announced that it has begun printing parts for its production-intent design of the KARNO generator (BETA).

Key Points:

Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, today announced that it has begun printing parts for its production-intent design of the KARNO generator (BETA).
View the full release here: https://www.businesswire.com/news/home/20240124934250/en/
The KARNO generator leverages additive manufacturing for production of many of its components including all critical heat exchangers and thermodynamics systems.
This innovative manufacturing process not only enhances the precision and quality of these components but also contributes to the overall improved efficiency of the generator.
“We are thrilled to begin printing the production-intent design of the KARNO generator which showcases another major step on our path to deploying this technology with customers,” said Thomas Healy, Founder and CEO of Hyliion.

VIVOTEK Launches VORTEX Connect, Empowering Enterprise Cloud Transition

Retrieved on:

Dienstag, Januar 23, 2024

Cloud, Power over Ethernet, Privacy, IP, AES, TLS, Confidentiality, Power, TLS 1.2, BETA, Video game

Now featuring the latest addition – VORTEX Connect, this new feature is integrated into VIVOTEK's latest generation Network Video Recorders (NVRs), allowing users to seamlessly connect to NVRs and simultaneously utilize VORTEX cloud services in an intuitive manner.

Key Points:

Now featuring the latest addition – VORTEX Connect, this new feature is integrated into VIVOTEK's latest generation Network Video Recorders (NVRs), allowing users to seamlessly connect to NVRs and simultaneously utilize VORTEX cloud services in an intuitive manner.
Users can upgrade to the cloud without replacing existing network cameras, meeting security needs anytime, anywhere, and on any device.
With features such as high-resolution imaging, advanced AI analysis, and seamless remote management, VORTEX facilitates enterprises in swiftly transitioning to operational cloud solutions, while also expanding rapidly in the North American market.
To seize market opportunities, VIVOTEK is gearing up to launch VORTEX Connect PRO in the future, significantly increasing the device connection limit.