USN | Jotup

United States Government to Reinstate Section 301 Import Tariffs on Artificial Graphite from China

Retrieved on:

Venerdì, Maggio 31, 2024

ASX, Investment, USTR, Government, NVX, RET, Admiral, USN

Employing this trade tool will help to level an otherwise disparate playing field and support our efforts to localize the production of battery-grade graphite.”

Key Points:

Employing this trade tool will help to level an otherwise disparate playing field and support our efforts to localize the production of battery-grade graphite.”
Artificial graphite is the predominant anode material used today in lithium-ion batteries.
This decision by the US government is critical for building a local supply chain that has been dominated by China for decades.
NOVONIX’s artificial graphite production processes focus on large-scale and sustainable production to advance the North American battery supply chain, with its Riverside operations on track to be the first large-scale battery-grade artificial graphite facility in North America.
The North American Graphite Association (NAGA), of which NOVONIX is a member, has been actively engaged in support of this decision and commented in a recent press release.3
This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NOVONIX Completes Independent Engineering Assessment of Riverside Facility

Retrieved on:

Mercoledì, Maggio 29, 2024

ASX, Projection, Hatch Ltd, Economics, Graphite, DOE, Inflation, Government, Engineering, MESC, NVX, Depreciation, RET, Admiral, USN, Renewable energy

BRISBANE, Australia, May 30, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, has announced that an independent assessment of the Company's Riverside production facility in Chattanooga, Tennessee has been completed by Hatch Ltd, a global engineering and consulting firm.

Key Points:

BRISBANE, Australia, May 30, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, has announced that an independent assessment of the Company's Riverside production facility in Chattanooga, Tennessee has been completed by Hatch Ltd, a global engineering and consulting firm.
With the independent engineering review completed, NOVONIX remains on track for its initial 3,000 tonnes per annum (tpa) of commercial production capacity at the Riverside facility by the end of 2024 with all primary production equipment in place or ordered.
NOVONIX will continue to provide updates regarding production milestones at its Riverside facility.
Dr. Chris Burns, CEO of NOVONIX, remarked, "The completion of the independent engineering review provides us with a high degree of confidence as we advance our overarching plans towards production and deliveries from Riverside.

NOVONIX CFO Nick Liveris to Transition to Non-Executive Director

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Mercoledì, Maggio 22, 2024

ASX, CFO, NVX, Growth, RET, Admiral, USN, Knowledge, Management

BRISBANE, Australia, May 22, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that Chief Financial Officer ("CFO"), Nick Liveris, will retire from his executive role and transition to a non-executive role on NOVONIX’s Board of Directors, effective on the appointment of a new CFO. The Company has begun the process of recruiting a new CFO who will work closely with Mr. Liveris to ensure a successful transition of the role.

Key Points:

The Company has begun the process of recruiting a new CFO who will work closely with Mr. Liveris to ensure a successful transition of the role.
Mr. Liveris has decided to retire from the executive role at NOVONIX to work full time with the Liveris Family Office, through which he will continue to support NOVONIX.
Mr. Liveris becoming a Non-Executive Director will allow NOVONIX to retain his experience and knowledge of the Company to support its continued growth.
Dr. Chris Burns, CEO of NOVONIX, said, “On behalf of the entire NOVONIX team, I want to thank Nick for his years of service for the company.

NOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon Graphite

Retrieved on:

Giovedì, Maggio 16, 2024

Lithium, ASX, Corella, Australian Securities Exchange, LEL, NVX, Mount, RET, Admiral, USN

BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX: LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”).

Key Points:

BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX: LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”).
As previously announced, NOVONIX has agreed to divest MD South Tenements Pty Ltd, its wholly owned subsidiary that holds the Mount Dromedary natural graphite exploration interests, to Axon Graphite Limited, a subsidiary of LEL.
LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement.
As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend to list on the Australian Securities Exchange (“ASX”).

PowerCo SE and NOVONIX Enter into a Testing and Development Agreement

Retrieved on:

Martedì, Maggio 14, 2024

ASX, TDA, Volkswagen Group, Energy, Powerco, NVX, Advanced Energy, RET, Admiral, USN, Volkswagen, Development, Renewable energy

BRISBANE, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, and PowerCo SE (“PowerCo”), a Volkswagen Group-owned battery cell company, have announced the signing of a non-exclusive Testing and Development Agreement (“TDA”).

Key Points:

BRISBANE, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, and PowerCo SE (“PowerCo”), a Volkswagen Group-owned battery cell company, have announced the signing of a non-exclusive Testing and Development Agreement (“TDA”).
The work to be conducted under the TDA will include NOVONIX developing, testing, and analyzing synthetic graphite anode materials tailored to meet PowerCo’s requirements and upon successful completion of certain development work under the TDA, NOVONIX and PowerCo may enter into a supply agreement for developed products with details to be determined at that time.
Established by Volkswagen in 2022, PowerCo is committed to leading global battery cell production.
NOVONIX plans to further expand capacity to a total of 150,000 tonnes per annum of production capacity in North America.

Ross Buchmueller appointed to the USAA Board of Directors

Retrieved on:

Mercoledì, Maggio 15, 2024

Other Professional Services, Insurance, Defense, Military, Finance, Banking, Professional Services, Veterans, Air force, Marketing, USAA, Chubb, USN, PURE Insurance, Multimedia, Family, PURE, Management

USAA announced today that Ross Buchmueller has been appointed to serve on the USAA Board of Directors.

Key Points:

USAA announced today that Ross Buchmueller has been appointed to serve on the USAA Board of Directors.
View the full release here: https://www.businesswire.com/news/home/20240515638161/en/
New USAA board member Ross Buchmueller.
(Photo: Business Wire)
Appointed by the USAA Board of Directors, Buchmueller has more than 35 years of experience in the insurance industry, which includes founding PURE Insurance, a specialty firm focused on protecting high-value assets.
Prior to founding PURE, Buchmueller led AIG’s private client group, building it into one of the company’s fastest growing divisions.

Admiral Harry B. Harris, USN (Ret) Joins Beacon Global Strategies as Senior Advisor

Retrieved on:

Mercoledì, Maggio 8, 2024

WASHINGTON, May 8, 2024 /PRNewswire/ -- Beacon Global Strategies (BGS), a leading strategic advisory firm focusing on global public policy, government procurement, and geopolitical risk analysis, today announced it will be expanding its Indo-Pacific Practice with the addition of Admiral Harry B. Harris, USN (Ret), as Senior Advisor.

Key Points:

WASHINGTON, May 8, 2024 /PRNewswire/ -- Beacon Global Strategies (BGS), a leading strategic advisory firm focusing on global public policy, government procurement, and geopolitical risk analysis, today announced it will be expanding its Indo-Pacific Practice with the addition of Admiral Harry B. Harris, USN (Ret), as Senior Advisor.
Admiral Harris served as Commander, U.S. Pacific Fleet, from 2013 to 2015 and then as Commander, U.S. Pacific Command, until his retirement from the Navy in 2018.
Admiral Harris participated in Operations Attain Document, Earnest Will, Desert Shield/Desert Storm, Enduring Freedom, Iraqi Freedom, Willing Spirit, and Odyssey Dawn.
Naval Academy, Admiral Harris holds master's degrees from Harvard's Kennedy School of Government and Georgetown's School of Foreign Service.

Bcore Announces Strategic Acquisition of 2 Twelve Solutions to Enhance its User-Centric Innovation Commitment

Retrieved on:

Giovedì, Maggio 2, 2024

Blank Rome, RET, Intelligence, USN, Intelligence community, Culture, Acquisition, Service, Defense, 3D printing

Further, they have fostered a culture of intellectually curious visionaries whose ethos will enhance our people-first culture, advancing our client's objectives and strengthening national security through innovation, collaboration, and impactful solutions."

Key Points:

Further, they have fostered a culture of intellectually curious visionaries whose ethos will enhance our people-first culture, advancing our client's objectives and strengthening national security through innovation, collaboration, and impactful solutions."
It aligns our pioneering digital transformation capabilities with Bcore's extensive technical mission support," stated Lloyd Osafo, founder of 2 Twelve Solutions.
With this strategic acquisition, Bcore reiterates its commitment to maintaining its position at the forefront of national security solutions.
NextFed led commercial due diligence, and Blank Rome served as legal counsel to Bcore.

One Stop Systems CEO and Chairman Issue Letter to Shareholders

Retrieved on:

Lunedì, Aprile 15, 2024

Robert brings over 35 years of defense and commercial experience to OSS and has quickly built a strong sales platform and culture.

Key Points:

Robert brings over 35 years of defense and commercial experience to OSS and has quickly built a strong sales platform and culture.
As the tenure of our sales team grows, we are focused on converting our strong pipeline into orders throughout 2024 and beyond.
I am pleased with the support, leadership, and guidance they have already brought to the Board and the OSS team.
We also would like to thank our shareholders and customers for their continued support as we continue to bring innovative solutions to market.

AFCEA Announces Winners of New Intelligence Community Award

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Venerdì, Aprile 12, 2024

Sponsored by AFCEA International 's Intelligence Committee , the award was created specifically to address the need for—and recognize the value of—innovation in intelligence.

Key Points:

Sponsored by AFCEA International 's Intelligence Committee , the award was created specifically to address the need for—and recognize the value of—innovation in intelligence.
Winners were recognized at the annual AFCEA International Spring Intelligence Symposium last month.
He briefed the results to Congress, senior leaders in the intelligence community and senior military leaders, including the Chief of Staff of the Air Force.
“This unique award shines a light on the ever-impressive achievements of our S&TI workforce and how they tirelessly work to maintain a competitive advantage,” said Lewis Shepherd, the AFCEA Intelligence committee chair.