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Zevia Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Retail, Supermarket, Food, Beverage, RSU, Marketing, Growth, Loss, Retirement, PBC, IPO, GAAP, Webcast, Acceleration, Stock, Video game

Gross profit decreased 1.7% to $15.4 million in the fourth quarter of 2023 compared to $15.7 million in the fourth quarter of 2022, and gross profit margin of 40.7% was down 3.6 percentage points compared to the fourth quarter of 2022.

Key Points: 
  • Gross profit decreased 1.7% to $15.4 million in the fourth quarter of 2023 compared to $15.7 million in the fourth quarter of 2022, and gross profit margin of 40.7% was down 3.6 percentage points compared to the fourth quarter of 2022.
  • Equity-based compensation, a non-cash expense, was $1.7 million in the fourth quarter of 2023, compared to $3.1 million in the fourth quarter of 2022.
  • Net loss for the fourth quarter of 2023 was $9.2 million, compared to net loss of $6.2 million in the fourth quarter of 2022.
  • Adjusted EBITDA loss was $6.8 million in the fourth quarter of 2023, compared to an Adjusted EBITDA loss of $2.9 million in the fourth quarter of 2022.

Kawasaki Robotics partners with Olis Robotics to offer remote monitoring and control of its industrial robots

Retrieved on: 
Thursday, February 22, 2024
Other Manufacturing, Textiles, Technology, Packaging, Engineering, Automotive Manufacturing, Robotics, Aerospace, Logistics, Supply Chain Management, Manufacturing, Mobile, Wireless, Retail, Security, Machinery, Transport, Artificial Intelligence, Software, Networks, Hardware, Multimedia, Cell, Kawasaki Heavy Industries, Olís, Kawasaki, Automation, Stock, Partnership, Computer data storage

Olis Robotics , a leader in the remote error recovery for industrial robots, announces a new partnership with Kawasaki Robotics Inc. , a leading supplier of industrial robots and automation systems, to offer their customers the ability to restart production faster, reduce troubleshooting and downtime costs by up to 90%, and gain access to expert support quickly.

Key Points: 
  • Olis Robotics , a leader in the remote error recovery for industrial robots, announces a new partnership with Kawasaki Robotics Inc. , a leading supplier of industrial robots and automation systems, to offer their customers the ability to restart production faster, reduce troubleshooting and downtime costs by up to 90%, and gain access to expert support quickly.
  • View the full release here: https://www.businesswire.com/news/home/20240222231100/en/
    The Olis remote monitoring and error recovery solution is available with all Kawasaki robot models starting Q2, 2024.
  • (Photo: Business Wire)
    Olis users connect directly to their robots through an on-premises device via a secure connection, avoiding the risks and complexities associated with cloud-based systems.
  • To ensure physical safety, Olis is designed to always obey the robot controller’s safety restrictions.

MALK Organics Raises Capital, Announces New Products, and Expands Retail Distribution

Retrieved on: 
Wednesday, March 6, 2024
Kroger, Marketing, Food court, Whole Foods Market, Heel, Benvolio, Publix, King Soopers, Rotor, Stock, Renewable energy

AUSTIN, Texas, March 6, 2024 /PRNewswire/ -- Leading alternative milk brand, MALK Organics announced today that it has closed an internal investment round led by existing investors Benvolio Group and Rotor Capital. Along with the funding, they have also announced significant distribution expansion and the launch of three new SKUs – Cashew MALK, Shelf Stable Unsweetened Almond MALK, and Shelf Stable Original Oat MALK, with more exciting launches later this year.

Key Points: 
  • Along with the funding, they have also announced significant distribution expansion and the launch of three new SKUs – Cashew MALK, Shelf Stable Unsweetened Almond MALK, and Shelf Stable Original Oat MALK, with more exciting launches later this year.
  • In the past year, MALK was the #1 fastest growing plant-based milk across all markets and more than doubled its distribution.
  • MALK will utilize this capital infusion to expand their retail presence, increase marketing efforts, and support new product innovation.
  • Suggested retail price for Cashew MALK is $6.99
    Shelf Stable MALK (Unsweetened Almond & Original Oat) is fashioned with the same dedication to purity and simplicity as refrigerated MALK products and is also made with just three wholesome ingredients.

GLOBAL CLEAN ENERGY, INC. CONTINUES CORPORATE UPDATES

Retrieved on: 
Tuesday, March 5, 2024
OTC, Stock, Security (finance), Growth, Construction, Carbon

HOUSTON, March 5, 2024 /PRNewswire/ -- Global Clean Energy, Inc. (OTC PINK: GCEI), is now positioned to have operational management and supervision of the projects Global Clean is bringing on board.

Key Points: 
  • HOUSTON, March 5, 2024 /PRNewswire/ -- Global Clean Energy, Inc. (OTC PINK: GCEI), is now positioned to have operational management and supervision of the projects Global Clean is bringing on board.
  • Global Clean Energy Inc. is in the process of preparing to file an S-1 with the Securities and Exchange Commission.
  • We plan to bring these technologies to GCEI to create a clean, environmentally conscious, but economically profitable business."
  • Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Daily Harvest Makes its Costco Debut as Company Continues U.S. Retail Expansion

Retrieved on: 
Tuesday, March 5, 2024
Kroger, Copper, Fry, Pacific Northwest, Smoothie, Smith, Family, Egg as food, Rotation, Food, Potassium, Seed, QFC, Vegetable, Snack, San Francisco Bay Area, New Seasons Market, Harvest, Meal, Stock, DTC, Grocery store

Consumers have enjoyed the equivalent of nearly two Olympic-sized swimming pools full of it since it launched via Daily Harvest's direct-to-consumer business.

Key Points: 
  • Consumers have enjoyed the equivalent of nearly two Olympic-sized swimming pools full of it since it launched via Daily Harvest's direct-to-consumer business.
  • "We're excited to bring Daily Harvest to Costco for the first time and hope Costco members find value and nourishment in our Strawberry + Peach four-pack," said Daily Harvest Chief Sales Officer Annie Streit.
  • Daily Harvest's debut at Costco is another major milestone in the company's retail expansion, which began last year with the availability of multiple SKUs at over 1,000 Kroger Family of Companies stores, including Kroger, Dillons, Fry's, Fred Meyer, QFC, Ralphs, Smith's and Harris Teeter.
  • The company's expansion into retail will continue this year as various Daily Harvest items, from Smoothies and fruit-and-veg packed Pops to Harvest Bowls and Pasta, arrive in-stores coast-to-coast.

Beauty's Growing $142+ Million Club: American shoppers across all races and ethnicities are buying more beauty and wellness products created and sold by Black founders

Retrieved on: 
Tuesday, March 5, 2024
Commercial, Social media, SKU, Stock, TechCrunch, Investopedia, Multimedia, Beauty

LOS ANGELES, March 5, 2024 /PRNewswire/ -- Last year, Americans of all races and ethnicities purchased more than $142 million in new beauty and wellness products created by a community of Black entrepreneurs and sold by national retailers, according to the 2024 Economic Advancement Report by BrainTrust Founders Studio.1

Key Points: 
  • We are celebrating this commercial and cultural leadership by our members, most of whom are Black women!"
  • Commercial leadership: $142.6 million in collective sales reported by 209 members of BrainTrust Founders Studio, up 42.5% from last year, when 116 members reported $100+ million in sales.
  • Ally leadership: As venture funding to Black founders hit a three-year low, allies emerged to partner with underrepresented funders and founders, including many retailers.
  • BrainTrust Founders Studio , the largest membership-based platform for Black founders of beauty and wellness companies, is led by Founder/CEO Kendra Bracken-Ferguson and Co-founder/Chief Investment Officer Lisa Stone .

GLOBAL CLEAN ENERGY, INC. CONTINUES EXPANDING MANAGEMENT TEAM

Retrieved on: 
Thursday, February 29, 2024
Cornell University, CFO, Acquisition, Principal, Barings Bank, SVP, OTC, Culture, Martha Plimpton, Carbon, Stock, CLO, Engineering, Associate, Psychology, Gibson Dunn, Security (finance), DeBevoise, Cornell Law School, Environment

HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global Clean Energy, Inc. (OTC PINK: GCEI), a developer of green technology projects is expanding its management team by partnering with an affiliate of C2 Industrial Group to build, develop and manage sustainable clean energy projects in various forms while reducing negative carbon emissions or footprints.

Key Points: 
  • HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global Clean Energy, Inc. (OTC PINK: GCEI), a developer of green technology projects is expanding its management team by partnering with an affiliate of C2 Industrial Group to build, develop and manage sustainable clean energy projects in various forms while reducing negative carbon emissions or footprints.
  • The current management team includes George Azimov, President and Chris Boll, Chief Revenue Officer and Director.
  • The team from GCEI are committed to delivering superior products and services that exceed customers expectations, fostering a culture of innovation, and contributing positively to the communities it serves.
  • Global Clean Energy Inc. will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Climate Solutions Prize: More than $1.3 million awarded to Israeli Climate tech startups

Retrieved on: 
Wednesday, February 28, 2024
Temasek Foundation, Innovation, EV, Amazon Web Services, Building, TRL, Research, Multinational corporation, TEL, Partnership, Data compression, COP28, Hydrogen, Primary energy, Carbon, Nanotechnology, Climate change, Stock, CSP, Content as a service, Non-governmental organization, Ecosystem, Spore, Disruption, Plastic, Filo, E.ON, Biodegradable waste, Green Deal, Renewable energy

TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- $1.3 million dollars were awarded to Israeli climate tech startups today as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivizes climate innovation to address the global climate crisis. The startup track was led by Startup Nation Central together with Climate Solutions Prize Organization.

Key Points: 
  • TEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- $1.3 million dollars were awarded to Israeli climate tech startups today as part of the startup track of the Climate Solutions Prize (CSP), an initiative that incentivizes climate innovation to address the global climate crisis.
  • It aims to be a catalyst for climate tech innovation in both breakthrough research and the startup ecosystem.
  • The 2023 Israeli Climate Tech Landscape Map details leading companies with solutions addressing the climate crisis.
  • The Breakthrough Research Prize track was awarded in January to three Israeli research teams to propel their work on promising solutions to the climate crisis.

UniDoc and HP Inc. Enter OEM Agreement

Retrieved on: 
Wednesday, February 28, 2024
Social media, Agreement, OEM, EHealth, OTC, FRA, Language, Good, Original equipment manufacturer, UDOC, HP, HP Inc., Stock, Video game

VANCOUVER, BC, Feb. 28, 2024 /PRNewswire/ - UniDoc Health Corp. (CSE: UDOC) (FRA: L7T) (OTC: UDOCF) ("UniDoc," or the "Company"), an innovator in the eHealth sector, is pleased to announce that it has entered into an Original Equipment Manufacturer (OEM) agreement (the "Agreement") with HP Inc. ("HP") which permits the integration of HP products into its development and manufacturing process for the UniDoc H3 Health Cube and "Virtual Care Solutions Model" (VCSM) with HP designated SKUs for resale via the HP global sales and partner force.

Key Points: 
  • VANCOUVER, BC, Feb. 28, 2024 /PRNewswire/ - UniDoc Health Corp. (CSE: UDOC) (FRA: L7T) (OTC: UDOCF) ("UniDoc," or the "Company"), an innovator in the eHealth sector, is pleased to announce that it has entered into an Original Equipment Manufacturer (OEM) agreement (the "Agreement") with HP Inc. ("HP") which permits the integration of HP products into its development and manufacturing process for the UniDoc H3 Health Cube and "Virtual Care Solutions Model" (VCSM) with HP designated SKUs for resale via the HP global sales and partner force.
  • The Agreement builds on the previously announced UniDoc/HP marketing agreement, and positions UniDoc to offer sales of customizable telehealth cubes, enclosures, equipment, and related services including software integrated with HP computing hardware.
  • The specific terms of the agreement are confidential per mutual agreement.
  • UniDoc-Integrated HP products will be made available to UniDoc, and UniDoc will partner in the development and bundling of shared product imagery, language, technical information, and support services to be shared across sales channels including social media, events, and promotions.

Being Frenshe Introduces Palo Santo Sage As The Newest Scent In Its Wellness Collection

Retrieved on: 
Tuesday, February 27, 2024
Cloud, Collection, Maesa, Senior, Body, LOS, Eucalyptus, Nature, Mindfulness, Life, Feedback, Target, Citrus, Vanilla, Stock, Beauty, Perfume

LOS ANGELES, Feb. 27, 2024 /PRNewswire/ -- Being Frenshe, an accessible wellness line by Ashley Tisdale, will introduce a new scent to their self-care focused collection, Present & Grounded: Palo Santo Sage. This will be the brand's first new scent range added to the collection since launch in 2022.

Key Points: 
  • LOS ANGELES, Feb. 27, 2024 /PRNewswire/ -- Being Frenshe, an accessible wellness line by Ashley Tisdale, will introduce a new scent to their self-care focused collection, Present & Grounded: Palo Santo Sage.
  • The scent of Palo Santo Sage promotes connection by transporting you to the feeling of being rooted in nature and at peace.
  • "After the success of the Being Frenshe launch in 2022, we are thrilled to be expanding the scent range with Palo Santo Sage.
  • The new Palo Santo Sage collection features 7 new SKUs, ranging in price from $10.99 to $29.99.