Arrow

ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024

Retrieved on: 
Giovedì, Maggio 23, 2024
Denison Mines, NexGen, Uranium, MUFG Union Bank, ALX, Derksen, OTC, Amendment, Fission, Triple, Project, Arrow, Uranium mining

On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.

Key Points: 
  • On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.
  • ALX retained a 20% interest in Hook-Carter, and Denison agreed to fund ALX's share of the first $12.0 million of expenditures.
  • "ALX is very pleased to work with Denison to develop new drill targets at Hook-Carter," said Warren Stanyer, CEO and Chairman of ALX.
  • The Amendment creates a pathway to accelerate exploration activity on this highly-prospective project for mutual benefit of the partners following a period of limited activity."

Cloudian AI Data Lake Recognized as Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Distributed File Systems & Object Storage Report

Retrieved on: 
Mercoledì, Maggio 15, 2024
Human voice, API, SAN, Engineering, File system, Data management, Clutch (eggs), Customer, Software, PyTorch, TensorFlow, Arrow

"Ensuring customer success is at the core of everything we do," said Michael Tso, CEO of Cloudian.

Key Points: 
  • "Ensuring customer success is at the core of everything we do," said Michael Tso, CEO of Cloudian.
  • "Our AI data lake platform is not just about delivering superior software; it's about igniting innovation through our robust engineering and support.
  • Gartner defines the Distributed File & Object Systems market as software and hardware appliance products that offer object and distributed file system technologies for unstructured data.
  • 1Gartner, Voice of the Customer for Distributed File Systems and Object Storage, By Peer Contributors, 24 April 2024.

AM Best Revises Outlooks to Negative for Arrow Mutual Liability Insurance Company

Retrieved on: 
Mercoledì, Maggio 15, 2024
Insurance, Professional Services, Credit, News, ERM, ALL, AM Best, Arrow, Risk management

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Arrow Mutual Liability Insurance Company (Arrow) (Chestnut Hill, MA).

Key Points: 
  • AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Arrow Mutual Liability Insurance Company (Arrow) (Chestnut Hill, MA).
  • The revision of the outlooks to negative from stable reflects AM Best’s concern with the Arrow’s downward trend in operating performance over the recent term.
  • The company is implementing mitigating measures and fully reflected the anticipated cost of the disputed claim in its 2023 annual statement.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Mobix Labs, Inc. Announces Second Quarter 2024 Financial Results

Retrieved on: 
Martedì, Maggio 14, 2024
5G, Networks, Other Manufacturing, Hardware, Technology, Semiconductor, Manufacturing, Mobile, Wireless, LMR, Military personnel, Law enforcement, Tomahawk, CMOS, CFO, Firefighter, PerkinElmer, EMI, GE HealthCare, Acquisition, Depreciation, GAAP, Table, Arrow Electronics, Upstate New York, Rage, Electronics, Arrow, Security (finance)

Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity solutions for wired, wireless 5G, military, defense, aerospace, and medical industries, today announced its financial results for the fiscal second quarter ended March 31, 2024.

Key Points: 
  • Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive next-generation connectivity solutions for wired, wireless 5G, military, defense, aerospace, and medical industries, today announced its financial results for the fiscal second quarter ended March 31, 2024.
  • Loss from Operations: GAAP loss from operations for the quarter was $8.56 million, compared to a loss of $17.27 million for the first quarter of 2024.
  • Non-GAAP loss from operations for the quarter was $4.08 million compared to $4.21 million for the first quarter of 2024.
  • Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are provided in the tables herein.

Kratos Reports First Quarter 2024 Financial Results

Retrieved on: 
Martedì, Maggio 7, 2024
National security, SDA, Investment, STS, TT&C, HIMAD, Earnings per share, Software, Radar, Research and development, Robotics, Iron Dome, Public expenditure, IBCS, KGS, Technology company, KUS, EPS, Acquisition, Consolidated, SRM, Adjustment, Revenue, GAAP, SAN, Arrow, Satellite, Defense, Video game

First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth

Key Points: 
  • First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth
    First Quarter 2024 Unmanned Systems Revenues of $59.4 Million Increased 23.8 Percent over First Quarter 2023 Revenues of $48.0 Million, including 21.8 Percent Organic Growth
    First Quarter 2024 and Last Twelve Months Ended March 31, 2024 Consolidated Book to Bill Ratio of 1.1 to 1
    SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its first quarter 2024 financial results, including Revenues of $277.2 million, Operating Income of $7.0 million, Net Income of $1.3 million, Adjusted EBITDA of $26.0 million and a consolidated book to bill ratio of 1.1 to 1.0.
  • Kratos reported first quarter 2024 GAAP Net Income attributable to Kratos of $1.3 million and Earnings Per Share of $0.01 compared to a GAAP Net Loss attributable to Kratos of $7.0 million and a GAAP Net Loss per share of $0.05 for the first quarter of 2023.
  • Adjusted EPS was $0.11 for the first quarter of 2024, compared to $0.06 for the first quarter of 2023.
  • First quarter 2024 Revenues of $277.2 million increased $45.4 million, or 19.6 percent, from first quarter 2023 Revenues of $231.8 million.

Mobix Labs Enters into Global Distribution Agreement with Arrow Electronics

Retrieved on: 
Lunedì, Maggio 6, 2024
Technology, Mobile, Wireless, Contracts, Semiconductor, Telecommunications, Networks, Internet, Hardware, Defense, AS9100, Collection, Arrow Electronics, EMI, Arms Export Control Act, Arrow, Printed circuit board

“We are excited to partner with industry leader Arrow, which has one of the world’s largest distribution platforms and whose deep relationships -- particularly in the defense and aerospace sectors -- will significantly increase our visibility and exposure to a wide range of potential customers,” said Phil Sansone, Vice President of Sales of Mobix Labs. “Our collaboration with FORTUNE 109 distributor Arrow is a testament to our ability to deliver at scale, around the world.”

Key Points: 
  • Mobix Labs, Inc. (Nasdaq: MOBX) (“Mobix Labs” or the “Company”), a fabless semiconductor company developing disruptive connectivity solutions that span from wired to next-generation wireless solutions, including 5G, today announced a global distribution agreement with Arrow Electronics (“Arrow”), a global provider of technology products and services, specializing in electronic components, enterprise computing and intelligent solutions.
  • Under the agreement, Arrow will initially focus on Mobix Labs’ Electromagnetic Interference (EMI) Filtering products, leveraging the strength of Arrow’s presence in the defense and aerospace markets.
  • Mobix Labs recently announced it has begun delivering EMI filtered connector parts that are used in the U.S. Navy’s Tomahawk Cruise Missile and the U.S. Army’s M-1 Abrams Tank program.
  • In addition, Mobix Labs provides guidance system parts for the U.S. Army’s Javelin Missile System.

GradEx 109 – Toronto’s largest free art and design exhibition returns May 1 to 5

Retrieved on: 
Mercoledì, Aprile 24, 2024
V&A Digital Futures, Experimental animation, Risk, Housing, Exhibition, World War II, Animation, BGO, Avro Canada CF-105 Arrow, The Great Hall, McCaul, Moko jumbie, OCAD, ZoomerMedia, Creativity, Advertising, Painting, Arrow, Great hall, Communications satellite

The city’s largest free art and design exhibition opens on Wednesday, May 1 at 6:30 p.m. with a celebration and party in Butterfield Park at 100 McCaul St.

Key Points: 
  • The city’s largest free art and design exhibition opens on Wednesday, May 1 at 6:30 p.m. with a celebration and party in Butterfield Park at 100 McCaul St.
  • This year’s presenting sponsors are Hullmark and BGO, along with sponsor Fitzrovia and media sponsor blogTO.
  • This new art marketplace offers meaningful art for purposeful homes and accelerates OCAD U alum art businesses.
  • Her design includes townhouses, a communal building and a communal garden using energy-efficient and environmentally friendly materials.

Standard Uranium Reports on Recent Exploration Insights at the Sun Dog Project with Option Partner Aero Energy Ltd.

Retrieved on: 
Martedì, Aprile 16, 2024
MWH, Project, UAV, Boron, Unconformity, Gamma, Athabasca Basin, Contract management, Uranium, Element, Nature, History, News, Radioactive decay, Tourmaline, AERO, CPS, TSX, Magnetism, Exercise, Gold, Anomaly, Soil, Mining, Vein, Arrow, Gunnar Mine, Uranium mining

VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to provide a comprehensive summary of exploration insights and historical data gathered at its Sun Dog Uranium Project (“Sun Dog”, or the “Project”), currently under a three-year earn-in option agreement with Aero Energy Ltd. (“Aero”) (TSX-V: AERO).

Key Points: 
  • VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to provide a comprehensive summary of exploration insights and historical data gathered at its Sun Dog Uranium Project (“Sun Dog”, or the “Project”), currently under a three-year earn-in option agreement with Aero Energy Ltd. (“Aero”) (TSX-V: AERO).
  • Jon Bey, CEO of Standard Uranium, commented: “We are thrilled to return to the Sun Dog Project and continue advancing our exploration strategy targeting prospective high-grade uranium targets.
  • Sun Dog Project Overview and Historical Exploration:
    The Project is currently under option (the “Option”) to Aero Energy Ltd. (the “Optionee”) an arms-length company (TSX-V: AERO).
  • Historical data disclosed in this news release relating to sampling results on the Sun Dog Project is historical in nature.

ThinkOn enters into a distribution agreement with Arrow Electronics to empower partner ecosystem

Retrieved on: 
Martedì, Aprile 16, 2024
Cloud, Broadcom Inc., Commvault, Partnership, Arrow Electronics, Catalog, Veeam, VMware, Hitachi, Electronics, FIN Atlantic Film Festival, Arrow, Video game

Arrow aggregates the world’s leading technologies and services to enable its global channel ecosystem.

Key Points: 
  • Arrow aggregates the world’s leading technologies and services to enable its global channel ecosystem.
  • This agreement will empower channel partners to deliver cutting-edge services through ThinkOn’s white-labeling capabilities from renowned vendors such as Hitachi Vantara, Veeam, VMware by Broadcom, and Commvault.
  • Backed by ThinkOn's extensive technology ecosystem and VMware-accredited cloud services, ThinkOn partners can deliver exceptional outcomes with confidence.
  • Together, we are poised to redefine cloud services, drive innovation, and create lasting impact for our partners and their customers.

Arrow Electronics Tapped to Become Sole Global Provider of Broadcom’s CloudHealth From VMware Offering

Retrieved on: 
Mercoledì, Maggio 1, 2024
Engineering, Technology, Other Technology, Manufacturing, Software, Hardware, Cloud, Financial management, Arrow Electronics, VMware, Marketing, ARW, Broadcom Inc., Electronics, Partner, AWS, Organization, Software as a service, Arrow, Video game

Global technology solutions provider Arrow Electronics, Inc. (NYSE: ARW) announced that Broadcom selected it as the sole provider for its CloudHealth from VMware offering.

Key Points: 
  • Global technology solutions provider Arrow Electronics, Inc. (NYSE: ARW) announced that Broadcom selected it as the sole provider for its CloudHealth from VMware offering.
  • “Arrow is pleased to build upon our strategic relationship with Broadcom by becoming the exclusive provider of the CloudHealth offering,” said Eric Nowak, president of global enterprise computing solutions at Arrow.
  • There is no planned service outage to CloudHealth, including to those customers who consume CloudHealth through the AWS marketplace.
  • Partners and customers currently using the CloudHealth offering can find more information here