Generator

Evogene Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

REHOVOT, Israel, March 7, 2024 /PRNewswire/ -- Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading computational biology company targeting to revolutionize life-science-based product discovery and development utilizing cutting edge computational biology technologies, across multiple market segments, today announced its financial results for the fourth quarter and full-year period ending December 31, 2023.

Key Points: 
  • Collaboration with Colors Farm and Ben Gurion University: Evogene partnered to pioneer crustacean gene editing technology aimed at enhancing crustacean traits.
  • EU Grant for Ag-Seed Division: Evogene secured a €1.2 million EU grant to develop oil-seed crops with enhanced CO2 assimilation and drought tolerance.
  • In the fourth quarter of 2023, general and administrative expenses were approximately $1.2 million, down from about $1.7 million in the same period the previous year.
  • This increase in net loss during the fourth quarter of 2023 is primarily attributed to other income received in 2022, as mentioned above.

Casterra Announces New Agreements with Seed Producers in Brazil and Africa to Meet Growing Demand for its Elite Castor Seed Varieties

Retrieved on: 
Tuesday, March 5, 2024

REHOVOT, Israel, March 5, 2024 /PRNewswire/ -- Casterra Ag Ltd., an integrated solutions company for growing castor seeds for bio-based industries, such as biofuels, biopolymers, and a subsidiary of Evogen Ltd. (Nasdaq: EVGN) (TASE: EVGN), is taking significant steps to strengthen its castor production capabilities. The company recently signed strategic agreements with existing and new seed producers in Brazil and Africa to increase its production capabilities of high-yielding, high-oil castor seeds.

Key Points: 
  • The company recently signed strategic agreements with existing and new seed producers in Brazil and Africa to increase its production capabilities of high-yielding, high-oil castor seeds.
  • Expanding the number of seed producers in various geographies with whom the company currently works is expected to lower production risks.
  • Casterra's high-yield castor seed varieties, developed with Evogene's GeneRator AI tech-engine, are rigorously tested to meet industry standards.
  • Casterra intends to continue to seek additional seed producers to engage with in 2024, to support ongoing seed production."

REC Solar appoints Robb Jetty as CEO

Retrieved on: 
Monday, March 4, 2024

SAN LUIS OBISPO, Calif., March 4, 2024 /PRNewswire/ -- REC Solar , a nationwide developer of on-site and community solar and storage projects, today announced it has appointed Robb Jetty as CEO.

Key Points: 
  • SAN LUIS OBISPO, Calif., March 4, 2024 /PRNewswire/ -- REC Solar , a nationwide developer of on-site and community solar and storage projects, today announced it has appointed Robb Jetty as CEO.
  • Jetty's executive leadership in renewable energy will support REC Solar's commitment to growing its on-site solar, community solar and energy storage portfolio.
  • "Robb is an accomplished and respected leader in the industry, and we are thrilled to welcome him to REC Solar.
  • Jetty joins REC Solar at a pivotal time, as the company focuses on expanding its presence in the U.S. commercial solar generation market and developing community solar opportunities nationwide.

Central Japan Startup Ecosystem Holds Symposium on "Homeland of Mobility 5.0 - Leading Society to the Next Generation"

Retrieved on: 
Friday, March 1, 2024

The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."

Key Points: 
  • The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."
  • The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
  • Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem.
  • Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector.

Central Japan Startup Ecosystem Holds Symposium on "Homeland of Mobility 5.0 - Leading Society to the Next Generation"

Retrieved on: 
Friday, March 1, 2024

The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."

Key Points: 
  • The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."
  • The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
  • Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem.
  • Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector.

BAE Systems selected to develop ground system prototype for U.S. Space Force missile warning system

Retrieved on: 
Wednesday, February 28, 2024

BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project.

Key Points: 
  • BROOMFIELD, Colo., Feb. 28, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been selected by the Space Systems Command (SSC) Space Enterprise Consortium (SpEC) to provide a prototype ground system for the U.S. Space Force's SSC Future Operationally Resilient Ground Evolution Command and Control (FORGE C2) project.
  • The goal of the FORGE C2 effort is to evolve the current ground architecture, leveraging newer technologies and architecture approaches.
  • BAE Systems will integrate proven capabilities into a prototype ground system that will allow the Space Force to provide command and control capabilities for Next-Generation Overhead Persistent Infrared (OPIR) GEO (NGG) and Next-Generation OPIR Polar (NGP) systems as well as enabling the transition of the legacy Space Based Infrared System (SBIRS) assets.
  • "The Space Force's ability to accurately and efficiently detect and track missile launches is of the utmost importance to our nation's ability to defend against these growing threats to national security," said Don Speranzini, vice president and general manager of Ground Systems & Services for BAE Systems Space & Mission Systems.

EVOTEK Ranks No. 161 on Inc. Magazine's List of the Pacific Region's Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

SOLANA BEACH, Calif., Feb. 27, 2024 /PRNewswire/ -- Inc. magazine today revealed that EVOTEK is No. 161 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy's most dynamic segment–its independent small businesses.  

Key Points: 
  • Companies on the 2024 Inc. 5000 Regionals: Pacific list had an average growth rate of 162.77 percent.
  • 161 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy's most dynamic segment–its independent small businesses.
  • The companies on this list show a remarkable rate of growth across all industries in the Pacific region.

Accelerating Energy Transition for Greener ICT | Huawei Global Digital Power Forum Held Successfully

Retrieved on: 
Tuesday, February 27, 2024

BARCELONA, Spain, Feb. 27, 2024 /PRNewswire/ -- Huawei Global Digital Power Forum, under the theme of "Accelerating Energy Transition for Greener ICT", was held during MWC Barcelona 2024.

Key Points: 
  • BARCELONA, Spain, Feb. 27, 2024 /PRNewswire/ -- Huawei Global Digital Power Forum, under the theme of "Accelerating Energy Transition for Greener ICT", was held during MWC Barcelona 2024.
  • Leading operators, industry leaders, and industry experts from around the world attended the event to share cutting-edge views, latest insights, and successful practices of the global energy industry, accelerating the energy transition for greener ICT.
  • For energy producers, Huawei strives to advance the energy transition for greener operators by facilitating green energy production through PV deployment.
  • Huawei will continue to invest in innovation, integrate digital and power electronics technologies, and join hands with global partners to accelerate the energy transition for greener ICT, building a better, greener future.

Global Next-Generation Smart Grid Solutions Market was valued at $ 11.6 Billion in 2023 and is projected to grow at a CAGR of 22.4% through 2030

Retrieved on: 
Monday, February 26, 2024

The next-generation smart grid solutions market is experiencing significant growth and innovation as utilities worldwide seek to modernize and enhance the efficiency of their power distribution systems.

Key Points: 
  • The next-generation smart grid solutions market is experiencing significant growth and innovation as utilities worldwide seek to modernize and enhance the efficiency of their power distribution systems.
  • This market is characterized by the integration of advanced technologies such as smart meters, grid automation, communication networks, and artificial intelligence.
  • Major players in the market, including General Electric (GE), Siemens, ABB, and Schneider Electric, are at the forefront of providing comprehensive smart grid solutions.
  • These trends collectively underscore the broad and transformative impact of smart grid technologies across diverse end-user segments.

Global Next-Generation Smart Grid Solutions Market was valued at $ 11.6 Billion in 2023 and is projected to grow at a CAGR of 22.4% through 2030

Retrieved on: 
Monday, February 26, 2024

The next-generation smart grid solutions market is experiencing significant growth and innovation as utilities worldwide seek to modernize and enhance the efficiency of their power distribution systems.

Key Points: 
  • The next-generation smart grid solutions market is experiencing significant growth and innovation as utilities worldwide seek to modernize and enhance the efficiency of their power distribution systems.
  • This market is characterized by the integration of advanced technologies such as smart meters, grid automation, communication networks, and artificial intelligence.
  • Major players in the market, including General Electric (GE), Siemens, ABB, and Schneider Electric, are at the forefront of providing comprehensive smart grid solutions.
  • These trends collectively underscore the broad and transformative impact of smart grid technologies across diverse end-user segments.