CLAWS

Coherent Secures $15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors

Retrieved on: 
Mercoledì, Aprile 10, 2024

One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.

Key Points: 
  • One of the key objectives of the CHIPS program is to nurture ecosystems that reduce risk, incentivizing large-scale private investment in production, breakthrough technologies, and workers.
  • As a member of the CLAWS Hub, Coherent will receive $15 million to accelerate the commercialization of next-generation wide- and ultrawide-bandgap semiconductors, namely, silicon carbide and single-crystal diamond, respectively.
  • “Wide- and ultrawide-bandgap semiconductors enable the electrification of transportation, including road vehicles, high-speed trains, and mobile industrial machinery.
  • Single-crystal diamond promises to exceed the performance of silicon carbide and greatly expand the applications universe with quantum computing, quantum encryption, and quantum sensing.

CuriosityStream Announces Fourth Quarter and Full Year 2023 Financial Results and Initiation of Dividend Program

Retrieved on: 
Mercoledì, Marzo 20, 2024

CuriosityStream Inc. (NASDAQ: CURI), a global factual entertainment company, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • CuriosityStream Inc. (NASDAQ: CURI), a global factual entertainment company, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • With the initiation of a cash dividend program, CuriosityStream intends to pay regular quarterly dividends.
  • “Our fourth quarter revenue results met our guidance range while adjusted free cash flow exceeded our guidance range, and we delivered sequential revenue growth in our Direct Business.
  • CuriosityStream expects the following for the first quarter of 2024:
    CuriosityStream will host a Q&A conference call today to discuss the Company’s fourth quarter and full year 2023 results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

BET Launches BET Studios

Retrieved on: 
Mercoledì, Settembre 15, 2021

BET, a unit of ViacomCBS (NASDAQ: VIAC; VIACA), today launched BET Studios, an unprecedented studio venture that offers equity ownership for Black content creators.

Key Points: 
  • BET, a unit of ViacomCBS (NASDAQ: VIAC; VIACA), today launched BET Studios, an unprecedented studio venture that offers equity ownership for Black content creators.
  • Propelled by the infrastructure and financing of BET and ViacomCBS, BET Studios will create premium television series and films for an array of internal buyers, including Paramount+, SHOWTIME, CBS, Nickelodeon, BET+ and BET, in addition to select third-party platforms that seek best-in-class content from both leading and rising Black creatives.
  • As a new venture, BET Studios offers an opportunity to expand the brands legacy of delivering Black stories, said Thomas.
  • BET is the dominant African-American consumer brand with a diverse group of business extensions including BET+, the preeminent streaming service for the Black audience; BET.com, a leading Internet destination for Black entertainment, music, culture, and news; BET HER, a 24-hour entertainment network targeting the African-American Woman; BET Music Networks - BET Jams, BET Soul and BET Gospel; BET Home Entertainment; BET Live, BETs growing festival business; BET Mobile, which provides ringtones, games and video content for wireless devices; and BET International, which operates BET around the globe.