Longevity

GLUCOTRACK ANNOUNCES INCREASED SENSOR LONGEVITY FOR ITS IMPLANTABLE CONTINUOUS BLOOD GLUCOSE MONITOR

Retrieved on: 
Tuesday, April 2, 2024

Rutherford, NJ & Cambridge, UK, April 02, 2024 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK) (“Glucotrack” or the “Company”), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, and The Technology Partnership (“TTP”), today announced the completion of computational modeling for Glucotrack’s implantable Continuous Blood Glucose Monitor (“CBGM”), suggesting sensor longevity beyond three years, a year longer than the Company previously announced.

Key Points: 
  • Glucotrack has engaged TTP for the development of computational modeling, which addresses enzyme longevity for use in long-term implantable electrochemical sensors.
  • This in silico modeling specifically evaluated the expected longevity of the Glucotrack CBGM sensor implementation.
  • The CBGM sensor leverages well-established cardiovascular technology to directly measure blood glucose intravenously, providing more rapid glucose monitoring results without the 15-20-minute lag seen with interstitial glucose sensors.
  • TTP’s knowledge and skills have been instrumental in evaluating and extending the projected longevity of the Glucotrack CBGM sensor.

Trust Stamp Provides a Business Report and Financial Results for the Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 27, 2024

Atlanta, GA, March 27, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for year ended December 31, 2023.

Key Points: 
  • Atlanta, GA, March 27, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company ™ providing AI-powered trust and identity services used globally across multiple sectors, announced financial results and provided a business update for year ended December 31, 2023.
  • Trust Stamp Chief Executive Officer, Gareth N. Genner commented, “I am pleased to report our progress for the year ended December 31, 2023.
  • The relationship with our long-term customers remains very strong and we anticipate continued long-term growth in the revenue derived from those relationships.
  • This resulted in a basic and net loss per share of $1.07 for year ended December 31, 2023 compared to $2.55 for year ended December 31, 2022.

Medigus: Revoltz Initiates on Exclusive Distribution Agreement of $2.7 Million in Revenues and Completes the Production of the First 50 PORTO Micro-Mobility EVs

Retrieved on: 
Wednesday, March 27, 2024

Tel Aviv, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, announced today that Revoltz Ltd, its EV joint venture, 19.9% owned by its subsidiary Fuel Doctor Holdings, Inc. (67.15%), completed its first production batch of 50 units of its micro-mobility electric vehicle, ‘PORTO’.

Key Points: 
  • The completion of production is a significant step in enabling Revoltz to prepare for shipment of units in accordance with the Agreement signed over the past year.
  • During 2023, Revoltz and a premier distributor in Israel (the “Distributor”) entered into the Agreement, worth $2.7 million in revenue, with the goal to steer the advanced PORTO EVs into Israel and adjacent territories.
  • As part of the agreement, the Distributor has already purchased 50 PORTO units for the last-mile delivery market and is committed to purchasing a total of 150 vehicles in the first year of the Agreement.
  • The PORTO uses an advanced tilting advanced leaning suspension mechanism ensures best in class stability even under full load.

Fuel Doctor: Revoltz Initiates on $2.7 Million Exclusive Distribution Agreement with First Batch Production of 50 PORTO Micro-Mobility EVs

Retrieved on: 
Wednesday, March 27, 2024

Tel Aviv, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Fuel Doctor Holdings, Inc. (OTC: FDOC), a Delaware corporation (“Fuel Doctor”), announced today that Revoltz Ltd. (“Revoltz”) which is 19.9% held by Charging Robotics Ltd., Fuel Doctor’s wholly-owned subsidiary (“Charging Robotics” and together with Fuel Doctor, the “Company”), announced the completion of its first production batch of 50 units of its micro-mobility electric vehicle (“EVs”) for the last-mile delivery market, “PORTO,” Revoltz’s flagship model. Completing the production is a significant step in Revoltz’s preparation for its first shipment in accordance with the distribution agreement it signed this past year.

Key Points: 
  • Completing the production is a significant step in Revoltz’s preparation for its first shipment in accordance with the distribution agreement it signed this past year.
  • In 2023, Revoltz entered into an exclusive distribution agreement valued at $2.7 million, with a premier distributor in Israel, dedicated to steering the advanced PORTO EVs into Israel and adjacent markets.
  • As part of the agreement, the distributor initially purchased 50 PORTO units, and has committed to purchasing a total of 150 vehicles in the first year of the agreement term.
  • With this exclusive distribution agreement in place, Revoltz is poised to capture a significant share of this growing market in Israel and surrounding markets.

Clubhouse Media Group, Inc. Reports 2023 Financial Results, Highlighting Increased Revenue and Decreased Expenses

Retrieved on: 
Wednesday, March 27, 2024

LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- Clubhouse Media Group, Inc. (OTC: CMGR) ("Clubhouse Media"), a social media firm, today announced financial results for year-end 2023.

Key Points: 
  • LOS ANGELES, March 27, 2024 (GLOBE NEWSWIRE) -- Clubhouse Media Group, Inc. (OTC: CMGR) ("Clubhouse Media"), a social media firm, today announced financial results for year-end 2023.
  • The company has highlighted some of its financial achievements below.
  • Total net revenue increased 46.82% to $1,495,145, compared to $1,018,342
    Total liabilities decreased 10.42% to $7,992,763, compared to $8,921,990
    “We made some impactful decisions last year which I believe will add to the longevity and financial success of the company” said Scott Hoey, Chief Financial Officer of CMGR.
  • “Moving away from the agency business has allowed us to significantly decrease our expenses and reduce our losses.

RTOERO hosts inaugural Future of Aging Summit in Toronto

Retrieved on: 
Wednesday, March 27, 2024

RTOERO’s inaugural Future of Aging Summit , scheduled for May 15 to 17 at the Marriott Downtown in Toronto, aims to address the critical and timely issues that a rapidly aging world population poses for healthcare, pension systems, and the labor force, focusing on the Canadian perspective within the global context.

Key Points: 
  • RTOERO’s inaugural Future of Aging Summit , scheduled for May 15 to 17 at the Marriott Downtown in Toronto, aims to address the critical and timely issues that a rapidly aging world population poses for healthcare, pension systems, and the labor force, focusing on the Canadian perspective within the global context.
  • “RTOERO is at the forefront of shaping a future where aging is not just a demographic trend but an opportunity for societal growth and innovation,” says Martha Foster, chair of the board at RTOERO.
  • Fourteen globally recognized aging experts from nine countries will tackle the top five themes in aging, with an emphasis on solutions that will benefit Canada's aging population.
  • Ritu Sadana, head of ageing and health with the World Health Organization, will look into the future of aging.

Array Technologies Launches Hail Alert Response

Retrieved on: 
Tuesday, March 26, 2024

ALBUQUERQUE, N.M., March 26, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking, is proud to announce the launch of its patented Hail Alert Response, a groundbreaking set of software features designed to autonomously protect solar assets from hail damage.

Key Points: 
  • ALBUQUERQUE, N.M., March 26, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”), a global leader in utility-scale solar tracking, is proud to announce the launch of its patented Hail Alert Response, a groundbreaking set of software features designed to autonomously protect solar assets from hail damage.
  • The Hail Alert Response system leverages advanced weather prediction algorithms to preemptively stow solar trackers approximately 30 minutes before a predicted hail event.
  • Wide Applicability and Compatibility: Available across the United States, the Hail Alert Response can be integrated with any existing DuraTrack or OmniTrack system.
  • To find out more about Array’s SmarTrack Hail Alert Response, please visit SmarTrack™ Hail Alert Response - Array Technologies (arraytechinc.com)

Powering Up Midwest Farms: Sol Systems, American Farmland Trust Launch Innovative Soil Health Research Initiative

Retrieved on: 
Tuesday, March 26, 2024

Under the terms of a newly signed 3-year Sponsorship Agreement, Sol Systems and AFT will work closely on 'Smart Solar' initiatives, a trademark of AFT.

Key Points: 
  • Under the terms of a newly signed 3-year Sponsorship Agreement, Sol Systems and AFT will work closely on 'Smart Solar' initiatives, a trademark of AFT.
  • These initiatives aim to reduce the environmental impact of solar energy projects while promoting ecosystem-focused land stewardship at their sites.
  • The agreement underscores both organizations' commitment to integrating renewable energy solutions with agricultural and land stewardship practices, focusing on sustainability and conservation.
  • Additionally, a 4-year Research Agreement sets the stage for groundbreaking research into soil health at six solar sites developed and owned by Sol Systems, covering over 2,000 acres of land.

Aqara Expands Thread Product Portfolio with a New Motion Sensor

Retrieved on: 
Tuesday, April 9, 2024

Aqara, a leading provider of smart home solutions, today announced the availability of the Motion and Light Sensor P2, its new generation motion sensor built upon the Thread protocol and the industry-unifying Matter standard.

Key Points: 
  • Aqara, a leading provider of smart home solutions, today announced the availability of the Motion and Light Sensor P2, its new generation motion sensor built upon the Thread protocol and the industry-unifying Matter standard.
  • “The launch of the Motion and Light Sensor P2, which combines our renowned sensor technology with the latest in connectivity protocols and standards, encapsulates our forward-thinking approach and our commitment to delivering smart home solutions that are ready for tomorrow's advancement.”
    The Motion and Light Sensor P2 integrates an ultra-wide angle PIR motion sensor with a standalone illumination sensor, providing precise detection up to 7 meters (ca.
  • Engineered for longevity, the Motion and Light Sensor P2 boasts a robust battery life of up to two years, ensuring dependable operation with minimal maintenance.
  • As part of Aqara’s expanding Thread-enabled product line, the Motion and Light Sensor P2 exemplifies the Company’s dedication to elevating smart home experiences through enhanced interoperability and simplicity.

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Retrieved on: 
Tuesday, April 9, 2024

Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.

Key Points: 
  • Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.
  • View the full release here: https://www.businesswire.com/news/home/20240409037388/en/
    Carrar commercial electric vehicle battery module (Photo: Carrar)
    The round included new investors Salida B.V., OurCrowd, and NextGear, and current investors Gentherm, Next Leap Ventures, Dive Digital, and others.
  • Carrar is transforming e-mobility with battery modules and thermal management systems that dissipate twice the amount of heat of existing solutions, increasing battery lifespan three-fold.
  • Carrar also improves EV safety by preventing the temperature spirals caused by battery exothermic processes, which lead to thermal runaway and battery fire.