ARPA

Leafly Holdings, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
torsdag, maj 9, 2024

PGP and Benchmark have deep knowledge of the cannabis industry and offer a broad range of financial advisory and capital-raising capabilities.

Key Points: 
  • PGP and Benchmark have deep knowledge of the cannabis industry and offer a broad range of financial advisory and capital-raising capabilities.
  • Today, Leafly is issuing guidance for the second quarter of 2024.
  • For more information regarding the non-GAAP financial measures discussed in this communication, please see “Non-GAAP Financial Measures” below.
  • Leafly will host a conference call and webcast to discuss the results today, Thursday, May 9, 2024 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

BigCommerce Announces First Quarter 2024 Financial Results

Retrieved on: 
torsdag, maj 9, 2024

AUSTIN, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • AUSTIN, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced financial results for its first quarter ended March 31, 2024.
  • “Our first quarter results reflect a good start to the year as our total revenue exceeded $80 million, up 12% year-over-year.
  • Q2 and 2024 Financial Outlook:
    For the second quarter of 2024, we currently expect:
    Total revenue between $79.8 million to $81.8 million, implying a year-over-year growth rate of 6% to 8%.
  • ET) on Thursday, May 9, 2024, to discuss its financial results and business highlights.

Empowering Manufacturers: Kane County, Illinois, and IMEC Celebrate Grant Recipients in Manufacturing Excellence Program

Retrieved on: 
onsdag, maj 8, 2024

Among the recipients, companies like Aeromotive Services Inc and WPA Works LLC are poised to leverage this program to drive meaningful improvements and lead the way for manufacturing excellence in Kane County.

Key Points: 
  • Among the recipients, companies like Aeromotive Services Inc and WPA Works LLC are poised to leverage this program to drive meaningful improvements and lead the way for manufacturing excellence in Kane County.
  • Patryk Barszczuk, Vice President of Business Development at WPA Works LLC, emphasizes the significance of partnering with the Kane County Manufacturing Grant program and IMEC.
  • Barszczuk underscores the grant's importance for Kane County's economy, foreseeing job creation and cost-effective manufacturing solutions.
  • The celebration will continue as the grant recipients convene for peer learning sessions, marking a pivotal moment in fostering collaboration and sharing best practices.

Verizon begins 2024 with strong wireless service revenue growth, solid cash flow and continued momentum in broadband

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måndag, april 22, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth.

Key Points: 
  • 11.1 million total broadband subscribers as of the end of first-quarter 2024, including 3.4 million subscribers on fixed wireless.
  • Fixed wireless revenue for the first-quarter 2024 was $452 million, up $197 million compared to the prior year period.
  • NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth.
  • Consolidated results: Verizon delivers on three key metrics: wireless service revenue, adjusted EBITDA and cash flow
    Total consolidated operating revenue in first-quarter 2024 of $33.0 billion, up 0.2 percent from first-quarter 2023.

Every Cure Deploys BioPhy’s Artificial Intelligence Platform to Accelerate its Mission of Repurposing Drugs for Untreated Diseases

Retrieved on: 
tisdag, april 30, 2024

“At BioPhy, we’re committed to creating a world where pharmaceutical companies won’t be forced to waste billions of dollars as a result of failed clinical trials.

Key Points: 
  • “At BioPhy, we’re committed to creating a world where pharmaceutical companies won’t be forced to waste billions of dollars as a result of failed clinical trials.
  • Every Cure shares that mission, while also unlocking new ways FDA approved drugs can be used to accelerate treatment to patients suffering from untreated diseases,” said Dave Latshaw II, CEO and Co-Founder of BioPhy.
  • This partnership comes on the heels of Every Cure announcing funding from the Advanced Research Projects Agency for Health (ARPA-H).
  • The three-year, $48.3 million contract was unveiled at the White House as a part of a substantial federal investment in drug repurposing.

Natron Energy Achieves First-Ever Commercial-Scale Production of Sodium-Ion Batteries in the U.S.

Retrieved on: 
måndag, april 29, 2024

Natron’s milestone marks the first-ever commercial-scale production of sodium-ion batteries in the U.S.

Key Points: 
  • Natron’s milestone marks the first-ever commercial-scale production of sodium-ion batteries in the U.S.
  • As we now begin to scale production, Natron will strengthen the domestic battery supply chain and create high-quality clean energy jobs in Michigan,” said Colin Wessells, founder and co-CEO, Natron Energy.
  • “The electrification of our economy is dependent on the development and production of new, innovative energy storage solutions.
  • As the world progresses toward a future powered by clean, renewable energy, continued innovation in the energy storage sector remains an absolute necessity,” said Wendell Brooks, co-CEO, Natron Energy.

Wright Electric Announces First Steps of Electric Propulsion Testing

Retrieved on: 
torsdag, april 25, 2024

Wright Electric, a world leader in electric propulsion for large commercial aircraft, today announced the launch of its Wright Electric Aircraft Engine Test Cell (WEAETC).

Key Points: 
  • Wright Electric, a world leader in electric propulsion for large commercial aircraft, today announced the launch of its Wright Electric Aircraft Engine Test Cell (WEAETC).
  • View the full release here: https://www.businesswire.com/news/home/20240424050421/en/
    Wright Electric Announces First Steps of Electric Propulsion Testing (Photo: Business Wire)
    Founded in 2016, Wright’s goal is to decarbonize the aerospace industry.
  • For example, Wright recently tested its industry-leading electric motor to over 1 megawatt and is planning for altitude testing at the NASA Electric Aircraft Testbed (NEAT) .
  • Through rigorous testing and analysis at the WEAETC, Wright aims to validate the thermal and dynamic stability of Wright's Electric Propulsion Unit (EPU), which is notably quieter than conventional engines.

High Temperature Superconductors, Inc. Powers Up: $5M ARPA-E Program Work Begins

Retrieved on: 
tisdag, april 23, 2024

As previously announced , HTSI received a $5 million ARPA-E award, the largest fraction of the award granted under the $10 million fund.

Key Points: 
  • As previously announced , HTSI received a $5 million ARPA-E award, the largest fraction of the award granted under the $10 million fund.
  • In fulfillment of the program, HTSI will develop a new PLD tool that increases production throughput up to five to ten times higher than present-day levels.
  • Simultaneously, HTSI unveils strategic collaborations with Advanced Conductor Technologies (ACT) and Florida State University's MagLab , setting the stage for groundbreaking advancements in superconductor materials.
  • HTSI eagerly anticipates the opportunities these developments will unlock in shaping the future of our industry," said Shelton.

Navajo County and eX² Technology Join Forces to Expand Broadband Capacity

Retrieved on: 
onsdag, april 24, 2024

The network will provide Navajo County with the ability to sustain the broadband capacity to support municipal fiber, telehealth, education, and Fiber to the Premises (FTTP) for homes and businesses.

Key Points: 
  • The network will provide Navajo County with the ability to sustain the broadband capacity to support municipal fiber, telehealth, education, and Fiber to the Premises (FTTP) for homes and businesses.
  • "Recognizing a need for reliable, affordable internet and improved broadband offerings, the County commissioned a Broadband Strategic Plan in early 2021, and we're now excited to be working with eX² Technology to construct a middle-mile fiber optic broadband system," said Navajo County Chairman of the Board Jason E. Whiting.
  • "This open-access, middle-mile backbone will serve as an economic growth engine for Navajo County, enabling access to high-speed internet for the region's underserved communities," said Jay Jorgensen, COO at eX² Technology.
  • Navajo County, located in Northern Arizona, has approximately 108,000 residents and includes portions of the Navajo Nation, the Hopi Indian Reservation and the White Mountain Apache Indian Reservation.

Vegas PBS Partners with the Las Vegas-Clark County Library District to Assist Nevada's Workforce

Retrieved on: 
tisdag, april 23, 2024

LAS VEGAS, April 23, 2024 /PRNewswire/ -- Vegas PBS and The Las Vegas-Clark County Library District have partnered to boost Southern Nevada's workforce through a collaborative effort.

Key Points: 
  • LAS VEGAS, April 23, 2024 /PRNewswire/ -- Vegas PBS and The Las Vegas-Clark County Library District have partnered to boost Southern Nevada's workforce through a collaborative effort.
  • The Library District will provide job training and preparation services combined with the newly launched program, Jobtimize Nevada.
  • "We are excited to join with Vegas PBS in implementing this new technology on the Library District website," said Library District Executive Director Kelvin Watson.
  • This initiative was made possible after Vegas PBS was awarded a grant for workforce development through the American Rescue Plan Act.