Thomas Edison

Edison celebrates 140 years and plans to invest €10 billion in ecological transition by 2030

Retrieved on: 
Thursday, October 5, 2023

Approximately €5 billion will be allocated to renewables, €1 billion to flexibility systems, €2.5 billion to energy services for decarbonising consumption, and €1-2 billion to gas sector activities and expanding the customer portfolio.

Key Points: 
  • Approximately €5 billion will be allocated to renewables, €1 billion to flexibility systems, €2.5 billion to energy services for decarbonising consumption, and €1-2 billion to gas sector activities and expanding the customer portfolio.
  • Edison’s plan aims to double EBITDA by 2030, reaching a range of €2 to €2.2 billion compared to €1.1 billion achieved in 2022.
  • That’s why Edison continues to invest in innovation to create new Italian and European value chains in the ecological transition.”
    The company is also betting on new technologies.
  • In particular, Edison aims to launch two 340 MW nuclear power plants with SMR technology between 2030 and 2040, leveraging the technological expertise of shareholder EDF.”

FDA Awards HistoSonics Clearance of its First-of-a-Kind Edison® Histotripsy System

Retrieved on: 
Monday, October 9, 2023

Marketing authorization makes Edison the first and only histotripsy platform available in the Unites States.

Key Points: 
  • Marketing authorization makes Edison the first and only histotripsy platform available in the Unites States.
  • View the full release here: https://www.businesswire.com/news/home/20231009669222/en/
    HistoSonics Edison Histotripsy System (Photo: Business Wire)
    FDA authorization was based, in part, on data from the #HOPE4LIVER Trials in 13 trial sites across the US and Europe.
  • HistoSonics' Edison System uses proprietary technology and advanced imaging to deliver personalized, non-invasive histotripsy treatments with precision and control.
  • The Edison System is indicated for the non-invasive destruction of liver tumors, including unresectable liver tumors, using a non-thermal, mechanical process of focused ultrasound.

Edison issues update on Witan Investment Trust (WTAN): Set to benefit from growth and structural change.

Retrieved on: 
Tuesday, October 3, 2023

Edison issues update on Witan Investment Trust (WTAN): Set to benefit from growth and structural change.

Key Points: 
  • Edison issues update on Witan Investment Trust (WTAN): Set to benefit from growth and structural change.
  • Edison issues update on Witan Investment Trust (WTAN): Set to benefit from growth and structural change.
  • Witan Investment Trust (WTAN) employs a multi-manager approach to invest in global equities, including varied and interesting areas such as climate change mitigation, private equity and the life sciences.
  • Sectors with exposure to renewable energy will receive further support from structural changes arising from the transition to net zero carbon emissions.

PrideStaff Edison Office Launches New Accounting and Finance Staffing Division

Retrieved on: 
Monday, October 2, 2023

FRESNO, Calif., Oct. 2, 2023 /PRNewswire-PRWeb/ -- With growing interest in qualified finance professionals and 126,500 jobs expected to open each year in the accounting sector by 2032, PrideStaff, a nationally franchised staffing organization, is pleased to announce that their Edison office has added a PrideStaff Financial division to their existing PrideStaff and G.A. Rogers & Associates operations.

Key Points: 
  • PrideStaff, a nationally franchised staffing organization, is pleased to announce that their Edison office has added a PrideStaff Financial division to their existing PrideStaff and G.A.
  • FRESNO, Calif., Oct. 2, 2023 /PRNewswire-PRWeb/ -- With growing interest in qualified finance professionals and 126,500 jobs expected to open each year in the accounting sector by 2032, PrideStaff, a nationally franchised staffing organization , is pleased to announce that their Edison office has added a PrideStaff Financial division to their existing PrideStaff and G.A.
  • Building on the tremendous success of PrideStaff, PrideStaff Financial Edison will specialize in accounting and financial staffing, offering expanded services for local companies seeking accounting, bookkeeping, and finance specialists.
  • PrideStaff Financial was developed to meet the specific staffing needs and challenges associated with accounting and finance, from accounts payable and receivable staffing to executive recruiting.

Edison Investment Research Limited: DFR Gold (DFR): Initiation - Past work heralds a cascade of future riches

Retrieved on: 
Monday, September 25, 2023

DFR Gold is a Canadian-listed, West African gold explorer and developer.

Key Points: 
  • DFR Gold is a Canadian-listed, West African gold explorer and developer.
  • From drilling either already completed or under way, Edison estimates that DFR could almost double its maiden resource in the short term.
  • The current resource base at Cascades and recent exploration success on the licence represents a significant value opportunity for investors, with the remaining portfolio offering further upside.
  • At its current share price of C$0.07 and a foreign exchange rate of C$1.3433/US$, DFR had an end-H123 enterprise value of US$25.53 per attributable resource ounce.

EQS-News: Edison issues update on Baker Steel Resources Trust (BSRT): Futura Resources financing is a major milestone.

Retrieved on: 
Monday, September 25, 2023

Edison issues update on Baker Steel Resources Trust (BSRT): Futura Resources financing is a major milestone.

Key Points: 
  • Edison issues update on Baker Steel Resources Trust (BSRT): Futura Resources financing is a major milestone.
  • Edison issues update on Baker Steel Resources Trust (BSRT): Futura Resources financing is a major milestone.
  • Baker Steel Resources Trust (BSRT) announced that Futura Resources (its second-largest holding, making up 25.3% of end-August 2023 NAV) closed a c A$26.2m funding round (A$21.2m convertible note and A$5m in-kind commitments from contractors and suppliers).
  • We see it as a major milestone and possibly also a considerable trigger for BSRT’s year-end NAV uplift.

Edison Partners Announces $25M Growth Investment in Take Command

Retrieved on: 
Tuesday, September 19, 2023

Growth equity investment firm Edison Partners today announced leading a $25M growth investment in Dallas-based Take Command, an end-to-end individual healthcare benefits platform for small and mid-market employers.

Key Points: 
  • Growth equity investment firm Edison Partners today announced leading a $25M growth investment in Dallas-based Take Command, an end-to-end individual healthcare benefits platform for small and mid-market employers.
  • Take Command will use the funds to expand sales and marketing, build out its customer-experience driven technology platform, innovate new marketplace offerings and grow transformative partnerships.
  • In the $1.6 trillion group health insurance market, traditional group plans are limiting for employees and costly for employers.
  • Since its inception in 1986, Edison has invested in more than 260 companies, 40 of which have been in the healthcare technology industry.

The Grid Must Grow Quickly to Achieve California’s Net-Zero Goal by 2045

Retrieved on: 
Tuesday, September 19, 2023

Unprecedented innovation across planning, policy and technology is required to achieve California’s net-zero goal by 2045, according to a new paper by Edison International.

Key Points: 
  • Unprecedented innovation across planning, policy and technology is required to achieve California’s net-zero goal by 2045, according to a new paper by Edison International.
  • View the full release here: https://www.businesswire.com/news/home/20230918152843/en/
    Countdown to 2045: Realizing California’s Pathway to Net Zero is an update of Edison International’s seminal 2019 paper Pathway 2045.
  • The paper provides an overview of the planning, policy and technology required to achieve California’s net-zero goal by 2045.
  • Through a detailed analysis into grid reliability, Edison International foresees that the state will need an unprecedented pace of clean energy infrastructure buildout.

Take Command Announces $25M Growth Investment, Led by Edison Partners, as More Employers Seek Affordable Health Insurance Benefit Options

Retrieved on: 
Tuesday, September 19, 2023

DALLAS, Sept. 19, 2023 /PRNewswire/ -- Take Command, a Dallas-based SaaS platform and leader in the rapidly growing employer sponsored, personalized health benefits space, announced it secured $25 million in growth stage financing led by growth equity investor Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures.

Key Points: 
  • Take Command is the first and largest company in the U.S. to offer an end-to-end individual coverage health reimbursement arrangements, or ICHRAs, administrative platform and access to an individual health marketplace.
  • ICHRAs are a new alternative to traditional group health insurance.
  • Historically, employees have had to enroll in coverage from prescribed, one-size-fits-all insurance plans, paying for benefits they may not need.
  • Take Command will deploy the investment to further build out an infrastructure that pioneered and continues to shape the future of health benefits.

J. Allen Dove Joins Edison Interactive as Chief Technology Officer

Retrieved on: 
Thursday, September 7, 2023

DENVER, Sept. 7, 2023 /PRNewswire/ -- Edison Interactive, a leading innovator in creating custom screen experiences using its SaaS platform Launchpad, is thrilled to announce the appointment of J. Allen Dove as its new Chief Technology Officer (CTO).

Key Points: 
  • DENVER, Sept. 7, 2023 /PRNewswire/ -- Edison Interactive, a leading innovator in creating custom screen experiences using its SaaS platform Launchpad, is thrilled to announce the appointment of J. Allen Dove as its new Chief Technology Officer (CTO).
  • With over two decades of experience in the technology industry, Allen Dove brings a wealth of expertise to his new role at Edison Interactive.
  • "We are delighted to welcome Allen as our new Chief Technology Officer," said Jeremy Ostermiller, CEO of Edison Interactive.
  • Before joining Edison Interactive, Allen served as Chief Technology Officer at Magnite, where he led all product and engineering for Magnite's enterprise SSP and ad serving platform.