Magellan

$205 Million Investment Accelerates Construction of the Giant Magellan Telescope

Retrieved on: 
Tuesday, August 2, 2022
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PASADENA, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope, the most powerful telescope ever engineered using the worlds largest mirrors, today announced it has secured a $205 million investment from its international consortium to accelerate construction.

Key Points: 
  • PASADENA, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope, the most powerful telescope ever engineered using the worlds largest mirrors, today announced it has secured a $205 million investment from its international consortium to accelerate construction.
  • We are honored to receive this investment in our future, said Dr. Robert Shelton, President of Giant Magellan Telescope.
  • The funding comes after the National Academy of Sciences Astro2020 Decadal Survey evaluated the Giant Magellan Telescope as a core partner of the United States Extremely Large Telescope Program.
  • This latest $205 million investment round positions the Giant Magellan Telescope to be one of the first in a new generation of extremely large telescopes to be constructed.

Giant Magellan Telescope Awards IDOM Final Design of its Telescope Enclosure

Retrieved on: 
Tuesday, March 8, 2022
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PASADENA, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope today announced they have awarded IDOM, a renowned engineering and architecture firm based in Spain, a contract to complete the telescope enclosure design by 2024.

Key Points: 
  • PASADENA, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- The Giant Magellan Telescope today announced they have awarded IDOM, a renowned engineering and architecture firm based in Spain, a contract to complete the telescope enclosure design by 2024.
  • The Giant Magellan Telescopes 65-meter-tall enclosure must overcome two key challenges in protecting its giant mirrors extreme earthquakes and weather.
  • IDOM will design the Giant Magellan Telescopes enclosure to be as sustainable as possible, using the latest technologies and environmental design practices.
  • The Giant Magellan Telescope is the work of an international consortium of leading universities and research institutions representing five countries.

US Extremely Large Telescope Program Ranked As Top Astro2020 Initiative

Retrieved on: 
Friday, November 5, 2021
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The report ranked the US Extremely Large Telescope Program (US-ELTP) as the top frontier project for ground-based observatories, recommending federal support for the final construction stages of the Giant Magellan Telescope.

Key Points: 
  • The report ranked the US Extremely Large Telescope Program (US-ELTP) as the top frontier project for ground-based observatories, recommending federal support for the final construction stages of the Giant Magellan Telescope.
  • The recommendation detailed that building an extremely large telescope is absolutely essential if the United States is to maintain a position as a leader in ground-based astronomy.
  • After all, we designed the Giant Magellan Telescope to discover the unknown, and its the unimaginable discoveries that could change humanity forever.
  • The Giant Magellan Telescope was evaluated in Astro2020 as a core partner of the US-ELTP.

Mightier and Magellan Health Launch NIMH-Funded Research to Improve Outcomes in Children's Mental Health through the Use of Video Games

Retrieved on: 
Monday, February 8, 2021
Articles, Health, Magellan, Mental health, Healthcare quality

In 2020, Magellan and Mightier collaborated on a pilot program to measure the success of using Mightier to support treatment ofchildren with Autism.

Key Points: 
  • In 2020, Magellan and Mightier collaborated on a pilot program to measure the success of using Mightier to support treatment ofchildren with Autism.
  • Magellan expects to recruit 200 members of commercial health plans with a wide variety of mental health conditions.
  • This study's goal is to validate that digital tools like Mightier can improve health outcomes, lower the cost of care and increase access to mental healthcare" said Matthew Miller, senior vice president, behavioral health, Magellan Healthcare.
  • About Magellan Healthcare: Magellan Healthcare, Inc. , the healthcare business unit of Magellan Health, Inc., offers solutions for complex conditions in the areas of behavioral health and medical specialty treatment.

Magellan Advances Development Work at Center Star Gold Mine in Idaho

Retrieved on: 
Wednesday, December 16, 2020
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WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.

Key Points: 
  • WALLACE, Idaho, Dec. 16, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Magellan Gold Corporation ( OTCQB: MAGE )(Magellan or the Company), a US focused precious metals exploration and development company, today announced that the Company is now beginning work to clean out and stabilize the main drift after successfully reopening the main portal and emergency access portal at the Center Star Gold Mine (Center Star) near Elk City, Idaho.
  • It has been 35 years since exploration or development work was last conducted in the Center Star Mine.
  • Located near the Elk City mining district of Idaho, Center Star hosts high-grade gold mineralization that was discovered in the early 1900s, with periodic historic production and development work done under different ownership through the 1980s.
  • Since acquiring the Center Star project in July 2020, Magellan acquired additional unpatented mining claims adding 320 acres of land to increase its holding to 620 acres of claims along the Center Star gold trend.

Magellan Gold Announces Hiring of Capital Markets Focused President

Retrieved on: 
Tuesday, November 10, 2020
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For the past 15 years he has focused on assisting growth opportunities with accessing capital through the US equity markets.

Key Points: 
  • For the past 15 years he has focused on assisting growth opportunities with accessing capital through the US equity markets.
  • The addition of Mr. Luckman provides Magellan the leadership it needs to achieve success in the capital markets.
  • Mr. Lavigne will be focused on our planned mining operations, and Mr. Luckmans focus will be the capital markets, said Mr. John Power, Director & CFO of Magellan.
  • Magellan Gold Corporation ( OTCQB: MAGE ) is focused on the exploration and development of precious metals in North America.

Magellan Midstream Reports Third-Quarter 2020 Financial Results

Retrieved on: 
Friday, October 30, 2020
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TULSA, Okla., Oct. 30, 2020 /PRNewswire/ --Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $211.6 million for third quarter 2020 compared to $273.0 million for third quarter 2019.

Key Points: 
  • TULSA, Okla., Oct. 30, 2020 /PRNewswire/ --Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $211.6 million for third quarter 2020 compared to $273.0 million for third quarter 2019.
  • As previously announced, Magellan intends to maintain its quarterly cash distribution at the current level for the remainder of 2020.
  • Continuing its historical approach, Magellan plans to provide guidance specific to 2021 early next year in conjunction with reporting year-end 2020 financial results.
  • Management will discuss third-quarter 2020 financial results and outlook for the remainder of the year during a conference call at 1:00 p.m. Eastern today.

Aggressor Adventures Secures Two Travel Weekly Silver Magellan Awards

Retrieved on: 
Friday, October 30, 2020
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As announced today by Travel Weekly , Aggressor Adventures has been awarded two silver 2020 Magellan Awards.

Key Points: 
  • As announced today by Travel Weekly , Aggressor Adventures has been awarded two silver 2020 Magellan Awards.
  • The Magellan Awards are judged and overseen by a panel of top travel professionals representing prominent travel brands and most accomplished leaders from the industry.
  • In determining winners, entries do not compete with one another; instead they are judged against a standard of excellence based on the extensive experience of Travel Weekly.
  • When traveling with Aggressor, our focus and dedication to exceptional service is second to none, said Aggressor CEO Wayne Brown.

Kaden Health Announces Strategic Investment by Magellan Health

Retrieved on: 
Thursday, October 29, 2020
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NEW YORK, Oct. 29, 2020 /PRNewswire-PRWeb/ -- Kaden Health, Inc. (Kaden) announced today that Magellan Health, Inc. (NASDAQ: MGLN) has made a strategic minority equity investment in the New York-based digital behavioral health company.

Key Points: 
  • NEW YORK, Oct. 29, 2020 /PRNewswire-PRWeb/ -- Kaden Health, Inc. (Kaden) announced today that Magellan Health, Inc. (NASDAQ: MGLN) has made a strategic minority equity investment in the New York-based digital behavioral health company.
  • "We are pleased and excited to collaborate with Magellan as Kaden continues to develop and implement advanced technologies and clinical programs supporting those in need of behavioral health support and treatment for substance use disorders," said Dave Henderson, co-founder and CEO of Kaden.
  • "As a leading independent payer services company, Magellan Health is driving innovation into the behavioral health market through the acceleration of digital capabilities that will enhance the patient experience across the care continuum," said Kenneth Fasola, Chief Executive Officer of Magellan Health.
  • Kaden Health is a portfolio company of Leverage Health Solutions, which has been engaged since 2018.

Magellan Health Reschedules Third Quarter 2020 Earnings Conference Call

Retrieved on: 
Thursday, October 29, 2020
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The conference call will also be available via webcast at Magellan's investor relations page at MagellanHealth.com .

Key Points: 
  • The conference call will also be available via webcast at Magellan's investor relations page at MagellanHealth.com .
  • A telephonic replay will be available shortly after the conclusion of the call through November 29, 2020.
  • About Magellan Health: Magellan Health, Inc. , a Fortune 500 company, is a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare.
  • Magellan supports innovative ways of accessing better health through technology, while remaining focused on the critical personal relationships that are necessary to achieve a healthy, vibrant life.