Critical infrastructure

5E Advanced Materials Closes Second Tranche of Equity Financing

Retrieved on: 
Tuesday, January 30, 2024

HESPERIA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced it has closed its previously announced second tranche of equity financing.

Key Points: 
  • HESPERIA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced it has closed its previously announced second tranche of equity financing.
  • The second closing included $7.75 million in new equity capital from 5ECAP, LLC.
  • The Company previously closed $10 million on January 18th.
  • The capital closed will be deployed to continue initial production of boric acid and lithium carbonate and to complete the final stages of the processing plant.

5E Advanced Materials, Inc. Provides Update Confirming Boric Acid and Lithium at 5E Boron Americas Complex

Retrieved on: 
Wednesday, January 24, 2024

HESPERIA, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that mining operations at the Company’s 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution (“PLS”) and an increasing head grade of the boric acid content.

Key Points: 
  • HESPERIA, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that mining operations at the Company’s 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution (“PLS”) and an increasing head grade of the boric acid content.
  • Boric acid head grade has surpassed 5.0% and is on a steady upward trajectory, which exceeds historical levels.
  • Chris Knight, Vice President of Operations at 5E Advanced Materials, stated, “We are thrilled with our initial results confirming lithium content and a consistently increasing boric acid head grade.
  • As we move forward through the year, we will aim to continue executing against our strategic and operational milestones.”

5E Advanced Materials Closes First Tranche of Equity Financing Following Special Meeting

Retrieved on: 
Friday, January 19, 2024

HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced it has closed its first tranche of equity financing following a favorable vote from the Company’s stockholders at its special meeting held last week.

Key Points: 
  • HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced it has closed its first tranche of equity financing following a favorable vote from the Company’s stockholders at its special meeting held last week.
  • The first closing included $10 million in new equity capital split equally between Ascend Global Investment Fund SPC (“Ascend”) and 5ECAP, LLC (“5ECAP”).
  • This equity capital is expected to provide the necessary resources to advance mining operations and progress towards first production.
  • The second tranche of additional equity financing is expected to close at the end of January.

5E Advanced Materials Selects EPC Contractor Fluor Corporation For Process Engineering Work on FEL-2

Retrieved on: 
Friday, January 19, 2024

HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the selection of Fluor Corporation (“Fluor”) as the Company’s engineering, procurement, and construction (EPC) services provider. The initial scope of Fluor will be to lead FEL-2 which will directly feed into the upgrading of the Company’s current S-K 1300 technical document into a Pre-feasiblity Study (PFS) upon completion.

Key Points: 
  • 5E to leverage Fluor’s experience and expertise to begin engineering process work on commercial Phase 1, advancing its leading boron and lithium project at the 5E Boron Americas Complex
    HESPERIA, Calif., Jan. 19, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the selection of Fluor Corporation (“Fluor”) as the Company’s engineering, procurement, and construction (EPC) services provider.
  • On May 11, 2023, the Company released the results of its S-K 1300 technical document on its 5E Boron Americas Complex located in Fort Cady, California.
  • Highlights of that study include:
    Susan Brennan, CEO of 5E Advanced Materials, stated, “We are thrilled to engage a worldclass EPC firm like Fluor, as their extensive track record will serve to be invaluable to 5E throughout this next phase of execution.
  • Additionally, the work being conducted by Fluor will play an important role in ultimately getting our 5E Boron Americas complex to the planned PFS-level study.

MorganFranklin Consulting Welcomes Veteran Cybersecurity Expert Michael Welch

Retrieved on: 
Tuesday, January 23, 2024

MorganFranklin Consulting , a leading finance, technology, and cybersecurity advisory and management firm that specializes in solving complex transformational challenges for its clients, today announced the return of cybersecurity expert Michael Welch as the Managing Director and Sector Lead for Utilities, Industrial and Critical Infrastructure within the cybersecurity practice.

Key Points: 
  • MorganFranklin Consulting , a leading finance, technology, and cybersecurity advisory and management firm that specializes in solving complex transformational challenges for its clients, today announced the return of cybersecurity expert Michael Welch as the Managing Director and Sector Lead for Utilities, Industrial and Critical Infrastructure within the cybersecurity practice.
  • “We are thrilled to welcome Michael back to the MorganFranklin team and harness his expertise to help provide our clients with premier cybersecurity services,” said Keith Hollender, a partner in MorganFranklin’s cybersecurity practice.
  • “I’m excited to be back at MorganFranklin to provide clients with key industry insight, knowledge and focus that strengthens their cybersecurity postures,” said Michael Welch.
  • Michael received a Master of Business Administration specializing in project management and information security from the Keller School of Business.

SCADA Market to grow by USD 4.25 billion from 2022 to 2027; Increasing adoption in the manufacturing industry to drive the growth - Technavio

Retrieved on: 
Friday, January 19, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The SCADA market is expected to grow by USD 4.25 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The SCADA market is expected to grow by USD 4.25 billion between 2022 and 2027.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Additionally, the availability of cloud-based solutions from various vendors, focusing on SCADA Security, SCADA Network, SCADA Sensors, SCADA Components, SCADA Architecture, and SCADA Applications, contributes to the growth of this segment.
  • The introduction of such products is expected to significantly impact the expansion of the supervisory control and data acquisition (SCADA) market, including SCADA Industry, SCADA Market Trends, SCADA Deployment, SCADA Maintenance, SCADA Vendors, SCADA Solutions, SCADA Analytics, SCADA Protocols, SCADA Communication Infrastructure, and SCADA for Critical Infrastructure, in the foreseeable future.

5E Advanced Materials Announces Stockholder Approval of Proposed Out of Court Restructuring

Retrieved on: 
Saturday, January 13, 2024

HESPERIA, Calif., Jan. 12, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that its stockholders voted to approve each of the three proposals related to the Company’s out of court restructuring at 5E’s special meeting of stockholders (“Special Meeting”) held earlier today.

Key Points: 
  • HESPERIA, Calif., Jan. 12, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that its stockholders voted to approve each of the three proposals related to the Company’s out of court restructuring at 5E’s special meeting of stockholders (“Special Meeting”) held earlier today.
  • Susan Brennan, CEO of 5E Advanced Materials, stated, “We are encouraged by the strong support and confidence our shareholders displayed today with the approval of all three proposals.
  • With the recapitalization plan now approved, it gives us ability to further our vision as the newest domestic producer of boric acid and lithium.
  • We would like to thank our shareholders for this vote of confidence in our organization and look forward to continuing the progress at the 5E Boron Americas Complex.”
    5E expects to consummate the initial closing related to the out of court restructuring transactions on January 17, 2024.

5E Advanced Materials Reminds Stockholders to Vote in the Upcoming Special Meeting

Retrieved on: 
Tuesday, January 9, 2024

If you hold your shares in street name via a broker, bank, or other nominee, you may direct your vote without attending the special meeting by signing, dating, and mailing your voting instruction card.

Key Points: 
  • If you hold your shares in street name via a broker, bank, or other nominee, you may direct your vote without attending the special meeting by signing, dating, and mailing your voting instruction card.
  • For more information, see the proxy materials, including the proxy card or voting instruction card/form, delivered to you in connection with the special meeting of stockholders.
  • In addition, stockholders may obtain free copies of the proxy statement and other relevant materials by directing a request to: 5E Advanced Materials, Inc., 9329 Mariposa Road, Suite 210, Hesperia, CA 92344.
  • Stockholders, potential investors, and other interested persons should read the definitive proxy statement carefully before making any voting or investment decisions.

United States Anti Jamming Market Research Report 2023-2028: Examine the Evolving Threat Landscape and Growing Jamming Capabilities

Retrieved on: 
Friday, January 5, 2024

DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "United States Anti Jamming Market, Competition, Forecast & Opportunities, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "United States Anti Jamming Market, Competition, Forecast & Opportunities, 2018-2028" report has been added to ResearchAndMarkets.com's offering.
  • The United States anti-jamming market is a critical and rapidly evolving sector within the country's defense and communications landscape.
  • Evolving Threat Landscape and Growing Jamming Capabilities:
    The threat of interference and jamming is not limited to traditional state actors but also extends to rogue nations, terrorist organizations, and individuals with access to jamming devices.
  • The Northeast United States leads the market, benefitting from a dense concentration of defense contractors, research institutions, military facilities, and economic significance.

SI Solutions Expands Structural Engineering Expertise and Adds Controls Engineering Division with the Acquisition of SC Solutions, Inc.

Retrieved on: 
Thursday, January 4, 2024

CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- SI Solutions is pleased to announce the purchase of SC Solutions, Inc., a respected provider of innovative engineering solutions for the advanced process controls and structural engineering industries.

Key Points: 
  • CHARLOTTE, N.C., Jan. 4, 2024 /PRNewswire/ -- SI Solutions is pleased to announce the purchase of SC Solutions, Inc., a respected provider of innovative engineering solutions for the advanced process controls and structural engineering industries.
  • SI Solutions , a privately held company, is a leading provider of mission-critical engineering, construction, testing, and maintenance services to the energy, process, and infrastructure markets.
  • SC Solutions, Inc. (SC), based in Sunnyvale, CA, specializes in structural engineering and advanced process controls.
  • SC Solutions' highly respected process controls division will add a new market segment and a third reputable brand under the SI Solutions umbrella, diversifying our service offerings worldwide."