ARPA

Addus HomeCare Announces Third Quarter 2023 Financial Results

Retrieved on: 
måndag, oktober 30, 2023

Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2023.
  • Net Income of $15.4 Million, or $0.95 per Diluted Share
    Net service revenues were $270.7 million for the third quarter of 2023, a 12.6% increase compared with $240.5 million for the third quarter of 2022.
  • Adjusted EBITDA increased 20.0% to $30.9 million for the third quarter of 2023 from $25.7 million for the third quarter of 2022.
  • Adjusted net income was $18.8 million for the third quarter of 2023 compared with $15.2 million for the prior-year period, while adjusted net income per diluted share was $1.15 compared with $0.94 for the third quarter of 2022.

Local nonprofits to help more Michiganders make ends meet through MI Nonprofit Relief Fund

Retrieved on: 
torsdag, november 2, 2023

LANSING, Mich., Nov. 2, 2023 /PRNewswire/ -- The Michigan Nonprofit Association (MNA) has announced the list of 1,373 nonprofit award winners of the MI Nonprofit Relief Fund, a vital lifeline for Michigan's charitable organizations grappling with the adverse impacts of the COVID-19 pandemic. The fund, announced in February of 2023 and totaling $35 million, is dedicated to assisting small charitable nonprofit organizations that have been tirelessly serving their communities in these challenging times.

Key Points: 
  • "The Michigan Nonprofit Relief Fund will support nearly 1,400 nonprofits across the state so they can continue to provide their critical services.
  • Michigan-based nonprofits applied to the MI Nonprofit Relief Fund in the spring of 2023.
  • The MI Nonprofit Relief Fund is awarding one-time grant funds ranging from $5,000 to $25,000 to nonprofits in areas most affected by COVID-19, especially those underserved and underrepresented populations.
  • For more information about the MI Nonprofit Relief Fund, including details about all grantees, visit www.mnaonline.org/policy/nonprofit-relief-fund .

EverGlade Consulting Funding Alert: Advanced Research Projects Agency (ARPA-H) Solicits Proposals for Resilient Extended Automatic Cell Therapies (REACT) Program

Retrieved on: 
onsdag, november 1, 2023

CHARLESTON, S.C., Nov. 1, 2023 /PRNewswire/ -- The Advanced Research Projects Agency for-Health (ARPA-H) is actively seeking innovative proposals through the Resilient Extended Automatic Cell Therapies (REACT) program, employing a Master Announcement Instruction (MAI) strategy for proposal submissions. This strategy enables proposers to tailor their submissions according to the scale of their planned projects, categorized into small (BIT/BYTE), medium (KILO/MEGA), and large (GIG/TERA) scales. The REACT program specifically targets the large-scale GIG Module category, aiming to revolutionize therapeutic development and affordability, and enhance patient self-management. The program addresses the issue of ineffective therapeutics, often resulting not from medical unsoundness, but from patient barriers such as limited access and high costs, leading to compromised treatment adherence and poor health outcomes.

Key Points: 
  • By Laura Powell, Managing Consultant and Eric Jia-Sobota, Founder
    CHARLESTON, S.C., Nov. 1, 2023 /PRNewswire/ -- The Advanced Research Projects Agency for-Health (ARPA-H) is actively seeking innovative proposals through the Resilient Extended Automatic Cell Therapies (REACT) program, employing a Master Announcement Instruction (MAI) strategy for proposal submissions.
  • The REACT program specifically targets the large-scale GIG Module category, aiming to revolutionize therapeutic development and affordability, and enhance patient self-management.
  • Living Pharmacy track proposals must address TAs 1-4, and Living Sentinel track proposals must address TAs 1-3 and 5.
  • For additional information about EverGlade Consulting, visit: https://www.EverGlade.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/everglade-consulting-funding-al...

Inlyte Energy Raises $8M to Develop Grid Batteries Made of Iron and Salt

Retrieved on: 
torsdag, oktober 26, 2023

Although solar and wind are now more economical energy sources than fossil fuels, the challenge of affordable energy storage remains a hurdle.

Key Points: 
  • Although solar and wind are now more economical energy sources than fossil fuels, the challenge of affordable energy storage remains a hurdle.
  • An electrical grid powered by intermittent renewables like wind and solar requires massive investments in energy storage technologies.
  • Iron and salt batteries, unlike lithium-ion batteries, can also operate in extreme heat or cold, making them well suited for locations with increasingly high temperatures.
  • Inlyte's iron and salt batteries also have another significant advantage over other batteries: they are incredibly safe, with no risk of fire.

Verizon reports strong 3Q results momentum, raises free cash flow guidance

Retrieved on: 
tisdag, oktober 24, 2023

Total broadband net additions of 434,000, representing the fourth consecutive quarter that Verizon reported more than 400,000 broadband net additions.

Key Points: 
  • Total broadband net additions of 434,000, representing the fourth consecutive quarter that Verizon reported more than 400,000 broadband net additions.
  • NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported third-quarter results today and raised its free cash flow guidance for the year.
  • "We continued to make steady progress in the third quarter with a clear focus on growing wireless service revenue, delivering healthy consolidated adjusted EBITDA and increasing free cash flow," said Verizon Chairman and CEO Hans Vestberg.
  • Free cash flow1 above $18 billion, a $1 billion increase from the previously issued guidance.

U.S. Department of Energy Signs Cooperative Agreement to Further Develop X-energy’s Microreactor for Commercial Applications

Retrieved on: 
onsdag, oktober 25, 2023

The agreement, awarded through the DOE’s Office of Nuclear Energy, supports X-energy’s continuing work on architecture and key technologies for the preliminary design of the Company’s transportable nuclear power plant.

Key Points: 
  • The agreement, awarded through the DOE’s Office of Nuclear Energy, supports X-energy’s continuing work on architecture and key technologies for the preliminary design of the Company’s transportable nuclear power plant.
  • The X-energy microreactor is expected to produce three to five megawatts of electricity at a commercially competitive price.
  • The DOD recently expanded its agreement with X-energy to develop a cost-effective design for a transportable advanced nuclear microreactor prototype for use in remote military locations or other strategic missions.
  • Funding from the DOE’s ARPA-E program helped develop operational innovations – such as automation, robotics, remote and central maintenance, and diagnostic monitoring – in the Xe-100 nuclear power plant design.

Building Blocks Grant Program Announces 2023 Award Recipients

Retrieved on: 
tisdag, oktober 17, 2023

BRUNSWICK, Md., Oct. 17, 2023 /PRNewswire-PRWeb/ -- The City of Brunswick and Brunswick Main Street are thrilled to announce the winners of this year's Brunswick Building Blocks Grant funding, the City's latest proactive effort to promote small business entrepreneurship and kickstart economic revitalization in this historic railroad town.

Key Points: 
  • - Julie Martorana, Brunswick City Administrator
    The Building Blocks Grant Program began in 2022 using federal American Rescue Plan Act (ARPA) funds to focus on addressing the health, welfare, and safety of downtown buildings.
  • Building on this success, this year's Building Blocks Grants Program was funded with $100,000 given to Brunswick Main Street from the City of Brunswick's budget along with $200,000 from the State of Maryland in the form of a DGS Grant (Supplemental Budget No.
  • In 2023, the program was expanded to make all businesses within the City limits with less than fifteen employees and only one location eligible.
  • The following projects have been chosen to receive 2023 Building Blocks awards:
    Foundation reinforcement and exterior wall stabilization.

ARPA-H Awards $3.5 Million Contract to BelleTorus Corp. (Belle.ai) to Expand Pediatric Healthcare Access Using Artificial Intelligence

Retrieved on: 
onsdag, oktober 11, 2023

CAMBRIDGE, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- BelleTorus Corporation (Belle.ai) today announced that the Advanced Research Projects Agency for Health (ARPA-H) has awarded Belle.ai and its partner Urban Health Plan (UHP) a $3.5 million contract to improve pediatric healthcare access using artificial intelligence (AI).

Key Points: 
  • CAMBRIDGE, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- BelleTorus Corporation (Belle.ai) today announced that the Advanced Research Projects Agency for Health (ARPA-H) has awarded Belle.ai and its partner Urban Health Plan (UHP) a $3.5 million contract to improve pediatric healthcare access using artificial intelligence (AI).
  • Under the project, Belle.ai and UHP will develop an AI solution designed to enable healthcare providers to remotely examine children with skin, ear, and throat conditions.
  • They account for about 30 million visits to the pediatrician each year.
  • “Prompted by the recent pandemic, telehealth has emerged as a critical tool in healthcare delivery, providing remote access to healthcare services for children and their families.

California Biomanufacturing Center Awarded ARPA Grant to Train Biotechnology Workforce

Retrieved on: 
tisdag, oktober 10, 2023

The City Council of Vacaville identified the California Biomanufacturing Center’s Rapid Alternative Medtech Pathway (RAMP) as an economic recovery priority for the funding through APRA.

Key Points: 
  • The City Council of Vacaville identified the California Biomanufacturing Center’s Rapid Alternative Medtech Pathway (RAMP) as an economic recovery priority for the funding through APRA.
  • There are not enough trained people to fill available biotech jobs,” said Matt Gardner, board president of the California Biomanufacturing Center.
  • The program will also serve new workers entering the workforce as a pathway out of poverty to underserved communities.
  • “By allocating ARPA funds to retraining displaced workers and people entering the workforce, we have the opportunity to not only ensure the health of the industry, and that the broad community benefits from its success.”

Newlab’s Inaugural New Climate Futures Event Convened More than 1,000 Attendees to Advance Real-World Outcomes for Local and Global Climate Goals

Retrieved on: 
torsdag, oktober 5, 2023

Newlab , a platform for deep tech startups, recently hosted its inaugural Climate Week event, New Climate Futures , at its Brooklyn Navy Yard flagship location.

Key Points: 
  • Newlab , a platform for deep tech startups, recently hosted its inaugural Climate Week event, New Climate Futures , at its Brooklyn Navy Yard flagship location.
  • By convening startups, industry leaders, corporate entities, and policymakers, Newlab facilitated connections and critical knowledge sharing for building and scaling climate solutions.
  • Attendees from organizations like Breakthrough Energy Ventures, The Nature Conservancy, The U.S. Department of Energy, Amazon, Mitsubishi Heavy Industries and more were present to push solutions forward.
  • Newlab will be hosting New Climate Futures again in 2024 during Climate Week.