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Beam Global Announces Record First Quarter 2024 Operating Results

Retrieved on: 
tisdag, maj 21, 2024

SAN DIEGO, May 21, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2024.

Key Points: 
  • SAN DIEGO, May 21, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2024.
  • Our sales pipeline is robust and we are working on the most significant opportunities in our history, particularly through Beam Europe.
  • We are excited about what we’ve done and more excited about what we believe we will accomplish in the future.”
    For the first quarter of 2024, Beam Global reported record first quarter revenues of $14.6 million, a 12% increase over the same period in 2023.
  • Total operating expenses were $4.5 million, or 31% of revenues, for the quarter ended March 31, 2024, compared to $3.8 million, or 30% of revenues, for the same quarter in the prior year.

Calian Reports Record Results for the Second Quarter

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tisdag, maj 14, 2024

OTTAWA, May 14, 2024 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the second quarter ended March 31, 2024.

Key Points: 
  • We sealed the first half of the year with a record quarter,” said Kevin Ford, Calian Chief Executive Officer.
  • This represents the highest quarterly revenue in the Company’s history and the first time surpassing the $200 million mark in a single quarter.
  • Gross margin reached a record 34.8%, representing its 8th consecutive quarter above 30%.
  • “In the second quarter we generated $17.8 million in operating free cash flow1, representing a 69% conversion rate from adjusted EBITDA1,” said Patrick Houston, Calian CFO.

KBR Awarded $100m Operational Support Contract for UK Ministry of Defence

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tisdag, april 30, 2024

HOUSTON, April 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment for the British Army.

Key Points: 
  • HOUSTON, April 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment for the British Army.
  • In addition to provision, operation and maintenance of the vehicles, the unique contract includes training and use of Sponsored Army Reservists to support delivery.
  • Paul Kahn, President, KBR Government Solutions International, said, "KBR is proud to be part of this enduring project, one that allows the UK MOD unique flexibility in providing critical operational support to its troops and allies."
  • KBR is proud of its key role in delivering and supporting UK military capability, working closely with the UK MOD to support, train and provide advanced technology in support of a safer, more secure world.

KBR Announces First Quarter Fiscal 2024 Financial Results

Retrieved on: 
tisdag, april 30, 2024

HOUSTON, April 30, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results.

Key Points: 
  • HOUSTON, April 30, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results.
  • "KBR's extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results," said Stuart Bradie, KBR's President and CEO.
  • "Our team's unwavering commitment to our customers has led to year-over-year increases across all key financial metrics, particularly in Adjusted EBITDA2 and operating cash flow.
  • Bookings during the quarter were well-aligned with our end markets across energy security, national defense, human performance, and sustainability."

Beam Global Europe Conducts Seminar on Utility Scale Energy Storage: Li-ion Batteries and Financial Models

Retrieved on: 
tisdag, mars 26, 2024

The seminar will be attended by government, business and utility leaders from Serbia, Macedonia, Montenegro, Croatia and U.S. embassy officials.

Key Points: 
  • The seminar will be attended by government, business and utility leaders from Serbia, Macedonia, Montenegro, Croatia and U.S. embassy officials.
  • Beam Europe views the expansion of Beam Global’s energy storage business as a significant opportunity.
  • “Our recent UK government contract and order from the British Army demonstrate that we can win material contracts in Europe,” said Desmond Wheatley, Beam Global CEO.
  • “The enthusiasm for today’s seminar further shows that Beam Global’s products are highly relevant in Europe at the moment.

Ukraine war: why many Nato countries are thinking of introducing conscription and the issues that involves

Retrieved on: 
tisdag, april 9, 2024

While hundreds of thousands of British men did, indeed, volunteer to serve in the first flush of jingoistic patriotism in 1914, the manpower well soon began to run dry.

Key Points: 
  • While hundreds of thousands of British men did, indeed, volunteer to serve in the first flush of jingoistic patriotism in 1914, the manpower well soon began to run dry.
  • Despite this, however, some form of conscription does still exist today in most European countries.
  • But as the implications of Russia’s war against Ukraine come to be better understood, introducing or extending conscription is increasingly being discussed in European Nato states.
  • But, over the past few months, political leaders in both countries have been discussing the reintroduction of forms of conscription or national service.
  • In other countries in Europe, there has traditionally been a type of “conscription-lite” in operation.
  • Sweden, which joined Nato in March, had dropped conscription in 2010 but reintroduced it in 2018 as the country prepared to join Nato.
  • Finland, the other Nordic country that has recently joined Nato, could hardly expand its conscription net any further.

Conscription extended in Ukraine

  • The country already has conscription for 18-26 year-olds but only those above 27 were actually asked to serve in combat roles (although many volunteers under 27 did as well).
  • To replace those lost in the war and to maintain the ability to rotate troops in and out of the front lines, Ukraine needs a larger pool of military manpower.
  • But casting the manpower net wider is a toxic issue in Ukraine, and as ever, such conscription is not popular.
  • Accordingly, government spokespersons moved quickly to quash any notions that conscription was on any agenda.


Rod Thornton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

23andMe Launches New Feature Connecting Customers to Historical Individuals from Hundreds and Even Thousands of Years Ago

Retrieved on: 
tisdag, mars 19, 2024

"23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."

Key Points: 
  • "23andMe's Historical Matches is a technical breakthrough in our ability to accurately detect genetic connections between customers and historical individuals."
  • The new Historical Matches feature leverages the same science applied in a more consumer-friendly and approachable way to making these connections.
  • To create this new feature and connect members to Historical Matches, 23andMe identifies segments of DNA that individuals share with the genetic sequences of historical individuals.
  • The feature relies on publicly available data, scientific publications, and the 23andMe relative matching technology to link to these historical individuals.

EasyVista Expands Presence in the UK and NAM With Key Hires

Retrieved on: 
torsdag, november 30, 2023

EasyVista, a leading provider of end-to-end ITSM solutions, has recently brought on several new key hires in the United Kingdom and North America.

Key Points: 
  • EasyVista, a leading provider of end-to-end ITSM solutions, has recently brought on several new key hires in the United Kingdom and North America.
  • These new additions are aimed at further solidifying their sales and engineering teams to achieve growth from €50MM ARR to €100MM ARR by 2026.
  • Each new hire has experience with competitor ITSM companies—positioning EasyVista as an integral player in the ITSM space.
  • Chris Hult, Revenue Operations Director, previously worked at Ivanti, CenturyLink, Hitachi Vantara, and, most recently, RingCentral as the Director of Sales Operations.

Costero Brokers Hires Jonathan Olley as Cyber Divisional Director

Retrieved on: 
tisdag, november 28, 2023

LONDON, Nov. 28, 2023 /PRNewswire/ -- Costero Brokers, Costero Brokers Ltd., a privately held London-based brokerage, is delighted to announce that Jonathan Olley has joined as Cyber Divisional Director effective 27, November 2023.

Key Points: 
  • LONDON, Nov. 28, 2023 /PRNewswire/ -- Costero Brokers, Costero Brokers Ltd., a privately held London-based brokerage, is delighted to announce that Jonathan Olley has joined as Cyber Divisional Director effective 27, November 2023.
  • Jonathan comes to Costero following three and a half years cyber broking at Marsh in London where he was an SVP.
  • "I am absolutely delighted to join the Costero team at a very exciting time for both the business and the wider cyber insurance industry," said Jonathan Olley, Cyber Divisional Director.
  • "Jonathan Olley brings a wealth of knowledge and experience to the table as our new Cyber Divisional Director.

Costero Brokers Hires Jonathan Olley as Cyber Divisional Director

Retrieved on: 
tisdag, november 28, 2023

LONDON, Nov. 28, 2023 /PRNewswire/ -- Costero Brokers, Costero Brokers Ltd., a privately held London-based brokerage, is delighted to announce that Jonathan Olley has joined as Cyber Divisional Director effective 27, November 2023.

Key Points: 
  • LONDON, Nov. 28, 2023 /PRNewswire/ -- Costero Brokers, Costero Brokers Ltd., a privately held London-based brokerage, is delighted to announce that Jonathan Olley has joined as Cyber Divisional Director effective 27, November 2023.
  • Jonathan comes to Costero following three and a half years cyber broking at Marsh in London where he was an SVP.
  • "I am absolutely delighted to join the Costero team at a very exciting time for both the business and the wider cyber insurance industry," said Jonathan Olley, Cyber Divisional Director.
  • "Jonathan Olley brings a wealth of knowledge and experience to the table as our new Cyber Divisional Director.