Wildfire

EQS-News: Hannover Re beats full-year earnings target and raises dividend

Retrieved on: 
Wednesday, April 10, 2024

This is comprised of an ordinary dividend of EUR 6.00 (EUR 5.00) per share and a special dividend of EUR 1.20 (EUR 1.00) per share.

Key Points: 
  • This is comprised of an ordinary dividend of EUR 6.00 (EUR 5.00) per share and a special dividend of EUR 1.20 (EUR 1.00) per share.
  • We were able to beat our earnings target and significantly increase the dividend.
  • At the same time, we further strengthened Hannover Re's resilience," said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re.
  • The ordinary dividend will be supplemented by a special dividend provided the capitalisation exceeds the capital required for future growth and the profit target is achieved.

Wawanesa Insurance Announces Wildfire Prevention Grant Recipients

Retrieved on: 
Tuesday, April 9, 2024

WINNIPEG, Manitoba, April 09, 2024 (GLOBE NEWSWIRE) -- The Wawanesa Mutual Insurance Company (Wawanesa) today announced the 12 recipients of their second annual Community Wildfire Prevention Grants, which were developed in partnership with FireSmartTM Canada and the Institute for Catastrophic Loss Reduction (ICLR).

Key Points: 
  • WINNIPEG, Manitoba, April 09, 2024 (GLOBE NEWSWIRE) -- The Wawanesa Mutual Insurance Company (Wawanesa) today announced the 12 recipients of their second annual Community Wildfire Prevention Grants, which were developed in partnership with FireSmartTM Canada and the Institute for Catastrophic Loss Reduction (ICLR).
  • “Supporting community wildfire prevention helps build a safer, more sustainable future for us all,” said Anna McCrindell, Wawanesa’s SVP & Chief Operating Officer, East.
  • The grants will go toward a range of wildfire prevention activities, such as creating wildfire buffer zones around homes, home assessments with sprinkler kit incentives, public education, community wildfire protection plans, and more.
  • Wawanesa’s Community Wildfire Prevention Grants Program reinforces the key message that more wildfires don’t have to translate into more loss of communities.

Maui Land & Pineapple Company Reports Fiscal 2023 Results

Retrieved on: 
Thursday, March 28, 2024

“After more than a century in operation and a multi-year focus on financial stabilization, Maui Land and Pineapple Company entered 2024 debt-free, with a new leadership team and a renewed vision guiding the company’s next chapter,” said CEO Race Randle.

Key Points: 
  • “After more than a century in operation and a multi-year focus on financial stabilization, Maui Land and Pineapple Company entered 2024 debt-free, with a new leadership team and a renewed vision guiding the company’s next chapter,” said CEO Race Randle.
  • Land sale revenue of $1,626,000 in 2023 includes recognition of a land contribution to our first development joint venture in many years, on 31 acres in Hali‘imaile.
  • The Company presents Adjusted EBITDA to provide information that may assist investors in understanding its financial results.
  • More information about Maui Land & Pineapple Company’s fiscal year 2023 operating results are available in the Form 10-K filed with the Securities and Exchange Commission and posted at mauiland.com.

Investigation Alert Acadia Healthcare, Virtu Financial, Baxter International, and Hawaiian Electric: Johnson Fistel, LLP Encourages Investors to Submit Their Information Below

Retrieved on: 
Thursday, March 28, 2024

Johnson Fistel, LLP is investigating potential claims on behalf of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) ("Acadia") against certain of its officers and directors.

Key Points: 
  • Johnson Fistel, LLP is investigating potential claims on behalf of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) ("Acadia") against certain of its officers and directors.
  • If you have continuously owned Virtu Financial, Inc, shares since before March 1, 2019, submit your information below:
    Recently a class action lawsuit was filed against the company.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Baxter International, Inc. (NYSE: BAX).
  • Johnson Fistel, LLP is investigating potential claims on behalf of Hawaiian Electric Industries, Inc. against certain of its officers and directors.

Global Optical Satellite Industry Research 2024 Featuring Key manufacturers - Airbus, Israel Aerospace Industries, Thales Group, and Maxar Technologies - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.

Key Points: 
  • Optical satellites, a class of satellites utilized for Earth observation, employ visible and near-infrared light to capture images of the Earth's surface.
  • Optical satellites offer the capability to capture detailed images with high spatial resolution, enabling precise analysis and decision-making.
  • The increasing institutional space budget positively impacts the optical satellite market by fostering innovation, research, and development of advanced satellite technologies.
  • The key manufacturers in the global optical satellite market are:

THE TREBEK INITIATIVE ANNOUNCES RECIPIENTS OF 2024 RESEARCH AND STORYTELLING AWARDS

Retrieved on: 
Tuesday, April 9, 2024

Nine researchers, and explorers receive prestigious grants to fund research and storytelling projects that help preserve the natural and cultural wonders of Canada.

Key Points: 
  • Nine researchers, and explorers receive prestigious grants to fund research and storytelling projects that help preserve the natural and cultural wonders of Canada.
  • OTTAWA, ON, April 9, 2024 /CNW/ - The Trebek Initiative is pleased to unveil the recipients of its highly anticipated 2024 research awards, given to nine exceptional individuals selected for their outstanding dedication to advance knowledge and storytelling about Canada's natural and cultural heritage.
  • The grants totalling $710,000, are now recognized as the most prestigious research and storytelling  awards in the country, for Canadians who are doing exceptional research in one of five areas of study: human history and culture, human innovation, land, wildlife and water.
  • Each year, the Trebek Initiative provides grants to support emerging explorers committed to storytelling and exploration.

From Miles Above, Satellite Data Helps Spot Hazardous Trees and Reduce Wildfire Risk

Retrieved on: 
Monday, April 8, 2024

OAKLAND, Calif., April 8, 2024 /PRNewswire/ -- Preventing ignitions that can cause catastrophic wildfires requires focus, vigilance and the integration of ever-evolving technology. And as Pacific Gas and Electric Company (PG&E) continues to make progress – including what the Company has calculated to be a 72% reduction of ignitions in high fire-risk areas in 2023 compared to the three-year average – satellite technology plays an increasing role.

Key Points: 
  • One example is PG&E's partnership with Planet Labs PBC (NYSE: PL), a San Francisco-based provider of daily data and insights about Earth.
  • PG&E leverages Planet's satellite-derived data on vegetation including canopy height, cover and proximity to electric-system infrastructure to prioritize the mitigation of vegetation associated risks.
  • Since 2019, PG&E has used data from Salo Sciences, acquired by Planet in 2023, as a feeder data set into its wildfire risk models.
  • "Planet's satellite data and artificial intelligence supports broad area management to help reduce the risk of wildfires.

CCC, Greece sign contract for DHC-515 firefighting aircraft

Retrieved on: 
Monday, March 25, 2024

Through CCC’s contract, DHC will supply Greece with seven (7) DHC-515 aircraft, as well as spare parts, training, and support.

Key Points: 
  • Through CCC’s contract, DHC will supply Greece with seven (7) DHC-515 aircraft, as well as spare parts, training, and support.
  • The contract is the result of ongoing cooperation between CCC, DHC, the European Union’s Civil Protection Mechanism (rescEU) and its Member States to supply the EU with Canadian-made firefighting aircraft.
  • Building on the foundation of the iconic Canadair CL-215 and CL-415 aircraft, the DHC-515 FIREFIGHTER™ is a new purpose-built aerial firefighting aircraft.
  • It matches the other aircraft in the De Havilland fleet in terms of lifespan, ruggedness, and Canadian aerospace engineering quality.

CCC, Croatia sign contract for DHC-515 firefighting aircraft

Retrieved on: 
Monday, March 25, 2024

Through CCC’s G2G contract, DHC will provide the DHC-515 aircraft to Croatia, along with spare parts, training, and maintenance support.

Key Points: 
  • Through CCC’s G2G contract, DHC will provide the DHC-515 aircraft to Croatia, along with spare parts, training, and maintenance support.
  • Building on the foundation of the iconic Canadair CL-215 and CL-415 aircraft, the DHC-515 FIREFIGHTER™ is a new purpose-built aerial firefighting aircraft.
  • Currently, Croatia currently operates six CL-415 aircraft and will increase its aerial firefighting program by one-third with the acquisition of these two new DHC-515 aircraft.
  • I congratulate Croatia to sign into reality the first planes of what will form a new generation of European firefighting aerial capacity.

Dryad Networks Announces Initial Closing of €5.6 Million in Convertible Financing

Retrieved on: 
Wednesday, March 20, 2024

BERLIN, March 20, 2024 (GLOBE NEWSWIRE) -- Dryad Networks GmbH, a pioneer in ultra-early wildfire detection technology, today announced the successful initial closing of €5.6 million in a convertible financing round, with a total round size of up to €10 million.

Key Points: 
  • BERLIN, March 20, 2024 (GLOBE NEWSWIRE) -- Dryad Networks GmbH, a pioneer in ultra-early wildfire detection technology, today announced the successful initial closing of €5.6 million in a convertible financing round, with a total round size of up to €10 million.
  • The convertible financing round saw participation from both existing and new investors, underscoring the confidence and support in Dryad Networks' innovative technology and its potential to revolutionize wildfire detection and prevention efforts worldwide.
  • Dryad Networks' proprietary solution combines solar-powered infrastructure with state-of-the-art AI-enabled gas sensors strategically placed in forested areas.
  • Commenting on the successful financing round, Carsten Brinkschulte, CEO of Dryad Networks stated: "We are thrilled to announce the initial closing of €5.6 million in convertible financing, with the support of both existing and new investors.