Dumont

Celyad Oncology reports third quarter 2023 financial results and recent business highlights

Retrieved on: 
Jeudi, novembre 9, 2023

“Celyad Oncology team is resolutely dedicated to harnessing our expertise, extensive know-how, and valuable intellectual property portfolio to address the existing challenges within CAR T-cell therapies.

Key Points: 
  • “Celyad Oncology team is resolutely dedicated to harnessing our expertise, extensive know-how, and valuable intellectual property portfolio to address the existing challenges within CAR T-cell therapies.
  • Celyad Oncology has relocated from September 25, 2023 into a new research facility which fits better its current needs after the strategic shift.
  • The Company remains headquartered at the Axis Parc, Mont-Saint-Guibert, Belgium but with its new business location at Dumont 9.
  • Net cash burn during the third quarter of 2023 amounted to €2.7 million, in line with expectations.

GM Defense and Anduril Announce Teaming Agreement

Retrieved on: 
Mardi, octobre 10, 2023

WASHINGTON, Oct. 10, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), and Anduril Industries, Inc. announced a teaming agreement, establishing a framework to collaborate on defense program capture activities.

Key Points: 
  • WASHINGTON, Oct. 10, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), and Anduril Industries, Inc. announced a teaming agreement, establishing a framework to collaborate on defense program capture activities.
  • In booth 661, hall A, GM Defense will have a four-seat Multi-Mission and Logistics ISV equipped with Anduril loitering munitions.
  • "GM Defense has a strong strategic alignment with Anduril as we are both focused on bringing disruptive new technologies into the defense and government marketplace to deliver innovative solutions for our customers," said Steve duMont, GM Defense president.
  • For the latest GM Defense news, please visit www.GMDefenseLLC.com and follow GM Defense on LinkedIn .

Celyad Oncology Reports First Half 2023 Financial Results and Recent Business Highlights

Retrieved on: 
Lundi, septembre 4, 2023

First Half 2023 and recent corporate highlights:

Key Points: 
  • First Half 2023 and recent corporate highlights:
    Georges Rawadi was appointed Chief Executive Officer of the Company as from April 27, 2023.
  • Georges Rawadi is a seasoned executive with over 20 years of experience in pharma/biotech, as research director, business developer, CEO, and board member.
  • He also has insightful knowledge of both the company and the CAR-T space as he spent four years at Celyad Oncology (2014-2018) as Vice-President Business Development & Intellectual Property (“BD & IP”).
  • Key financial figures for the first half of 2023, compared with the first half of 2022 and full year 2022, are summarized below:

GM Defense Incorporates GM Defense Canada

Retrieved on: 
Jeudi, juin 29, 2023

WASHINGTON, June 29, 2023 /PRNewswire/ -- GM Defense announced that it incorporated GM Defense Canada, in alignment with GM Defense International, which was established in 2022.

Key Points: 
  • WASHINGTON, June 29, 2023 /PRNewswire/ -- GM Defense announced that it incorporated GM Defense Canada, in alignment with GM Defense International, which was established in 2022.
  • As GM Defense expands and pursues additional international programs, the formation of GM Defense Canada will strengthen the business' ability to support efforts to modernize the Canadian Armed Forces.
  • "The new entity strengthens our ability to develop solutions in Canada as we pursue important near term opportunities, such as the Light Utility Vehicle (LUV) and Light Forces Enhancement programs," said Stephen duMont, president of GM Defense.
  • For the latest GM Defense news, please visit www.gmdefensellc.com and follow GM Defense on LinkedIn .

GM Defense to Prototype an Advanced Energy Storage System for the Defense Innovation Unit

Retrieved on: 
Mardi, juin 27, 2023

WASHINGTON, June 27, 2023 /PRNewswire/ -- GM Defense, a subsidiary of General Motors, was selected by the Department of Defense's (DoD) Defense Innovation Unit (DIU) to prototype an energy storage unit.

Key Points: 
  • WASHINGTON, June 27, 2023 /PRNewswire/ -- GM Defense, a subsidiary of General Motors, was selected by the Department of Defense's (DoD) Defense Innovation Unit (DIU) to prototype an energy storage unit.
  • GM Defense's solution will meet the requirements of DIU's Stable Tactical Expeditionary Electric Power (STEEP) program.
  • GM Defense will leverage GM's advanced electric vehicle propulsion architecture, the Ultium Platform, to deliver a scalable and adaptable energy storage unit that supports the tactical energy requirements of the warfighter.
  • GM Defense's STEEP energy storage system will provide intelligent tactical microgrid capabilities that work with hydrogen-powered generators, stationary and mobile battery electric power or existing fuel-powered generators to support efficient power management and distribution.

GM Defense and Black Sage Technologies Sign Teaming Agreement

Retrieved on: 
Mardi, mai 30, 2023

WASHINGTON, May 30, 2023 /PRNewswire/ -- GM Defense and Black Sage Technologies announced a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS) solution for use on GM Defense military vehicles provided to global defense and government customers at Canadian Association of Defence and Security Industries (CANSEC) 2023.

Key Points: 
  • WASHINGTON, May 30, 2023 /PRNewswire/ -- GM Defense and Black Sage Technologies announced a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS) solution for use on GM Defense military vehicles provided to global defense and government customers at Canadian Association of Defence and Security Industries (CANSEC) 2023.
  • "Our teaming agreement with Black Sage helps us offer greater flexibility to warfighters while continuing to develop mobility solutions that perform in diverse environments.
  • This collaboration enables GM Defense and Black Sage to leverage the synergies of our respective companies, extend battlefield capabilities and showcase solutions that can drive mission readiness."
  • "We are excited to partner with GM Defense to advance our On-the-Move C-UAS solution.

GM Defense Names Hendrick Motorsports 2022 Supplier of the Year

Retrieved on: 
Jeudi, avril 13, 2023

WASHINGTON, April 13, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), has awarded Hendrick Motorsports with its 2022 Supplier of the Year distinction.

Key Points: 
  • WASHINGTON, April 13, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), has awarded Hendrick Motorsports with its 2022 Supplier of the Year distinction.
  • The ISV is manufactured in GM Defense's award-winning production facility in Concord, North Carolina, located just minutes from Hendrick Motorsports headquarters.
  • "On behalf of everyone at Hendrick Motorsports, we are honored to represent GM Defense and support a project like the ISV that strengthens our country's military," said Marshall Carlson, president of Hendrick Companies.
  • Hendrick Motorsports was one of many honorees celebrated at GM's recent 31st annual Supplier of the Year event in San Antonio, Texas.

GM Defense President Steve duMont Named to Elite 2023 Wash100 List

Retrieved on: 
Mercredi, avril 12, 2023

WASHINGTON, April 12, 2023 /PRNewswire/ -- GM Defense President Steve duMont was named to the 2023 Executive Mosaic Wash100 list of the best and brightest "executives of consequence" within the government contracting ecosystem.

Key Points: 
  • WASHINGTON, April 12, 2023 /PRNewswire/ -- GM Defense President Steve duMont was named to the 2023 Executive Mosaic Wash100 list of the best and brightest "executives of consequence" within the government contracting ecosystem.
  • "I took on this role two years ago with a vision to deliver advanced commercial technologies to our warfighters at commercial speed and scale," said Steve duMont, GM Defense president.
  • duMont helped lead the business' expansion by launching GM Defense International, a new entity that will extend their reach into strategic global defense and security markets.
  • Wash100 leaders are selected by the leadership of Executive Mosaic, a networking and media company, with input from executives in the government contracting industry.

GM Defense and Tawazun Council Sign Cooperation Agreement

Retrieved on: 
Mardi, février 21, 2023

ABU DHABI, UAE, Feb. 21, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), and the Tawazun Council signed a collaborative Memorandum of Understanding (MOU) today as the first step toward a formal partnership to develop future products in the areas of advanced mobility and power solutions. The MOU was signed at the Tawazun Council Chalet at IDEX 2023 by Shareef Hashim Al Hashmi, CEO of Tawazun Council and Steve duMont, president of GM Defense.

Key Points: 
  • The MOU was signed at the Tawazun Council Chalet at IDEX 2023 by Shareef Hashim Al Hashmi, CEO of Tawazun Council and Steve duMont, president of GM Defense.
  • "Our collaboration with Tawazun Council is an important step in expanding our reach to defense and government customers in the Middle East," said Steve duMont, GM Defense president.
  • The MOU with Tawazun Council is the first partnership for GM Defense in the Middle East and helps the business expand its reach following the 2022 announcement of GM Defense International.
  • For the latest GM Defense news, please visit www.GMDefenseLLC.com and follow GM Defense on LinkedIn .

Dumont Global Names New Partner, Shaunak Misra

Retrieved on: 
Lundi, janvier 30, 2023

New York, New York--(Newsfile Corp. - January 30, 2023) - Generalist long/short hedge fund, Dumont Global has just announced that it has named a new partner, Shaunak Misra.

Key Points: 
  • New York, New York--(Newsfile Corp. - January 30, 2023) - Generalist long/short hedge fund, Dumont Global has just announced that it has named a new partner, Shaunak Misra.
  • As a Partner and Senior Analyst at Dumont, Misra will be leading research into Dumont's "orphaned asset" strategy.
  • Dumont Global was founded as a private investment partnership in 2018 by Chris Yetter and the partners of 3G Capital.
  • Dumont Global is a private investment partnership specializing in orphaned assets, hedge funds, and cannabis.