DARPA

Overland AI Awarded $18.6 Million-ceiling Prototype OT to Develop Autonomous Navigation for U.S. Army’s Robotic Combat Vehicles

Retrieved on: 
Wednesday, April 3, 2024

The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).

Key Points: 
  • The 24-month award calls for Overland AI to join the Ground Vehicle Autonomous Pathways (GVAP) program to develop a prototype autonomy stack for the U.S. Army’s Robotic Combat Vehicle (RCV).
  • Experts from the U.S. Army and DIU selected Overland AI, along with Anduril Industries and Palantir Technologies, to begin prototyping for the Robotic Combat Vehicle’s Software Pathways line of effort.
  • While the other contractors will focus on developing systems integration software, Overland AI will adapt its proven OverDrive solution to prototype autonomous vehicles capable of traversing complex terrain in contested areas without GPS support.
  • Overland AI delivers state-of-the-art robotics and autonomous vehicle solutions for any terrain and any conditions.

TOMI Environmental Solutions Receives Gold Safety Award from Highwire

Retrieved on: 
Wednesday, April 3, 2024

FREDERICK, Md., April 03, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today that the company has received the Gold Safety Award from Highwire.

Key Points: 
  • FREDERICK, Md., April 03, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today that the company has received the Gold Safety Award from Highwire.
  • The award is presented to TOMI in recognition of the Company achieving a score of between 85-94 on the Highwire Safety Assessment.
  • TOMI Environmental Solutions, Inc. has done a remarkable job implementing a strong safety management system resulting in exceptional safety performance and results," says David Tibbetts, CSP, Highwire’s Chief Safety Officer.
  • At TOMI Environmental Solutions, safety is paramount in everything we do.

TOMI Environmental Solutions, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.

Key Points: 
  • FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.
  • Financial Results for the year ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $7,355,000 compared to $8,338,000.
  • Financial Results for the three months ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $1,528,000 compared to $2,812,000.
  • TOMI will hold a conference call to discuss Fourth Quarter and year end 2023 results at 4:30 p.m.

Telesat Reports Results for the Quarter and Twelve Months Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024

We also expect meaningful increases in operating and capital expenditures as we accelerate the development of Telesat Lightspeed.

Key Points: 
  • We also expect meaningful increases in operating and capital expenditures as we accelerate the development of Telesat Lightspeed.
  • For the quarter ended December 31, 2023, Telesat reported consolidated revenue of $166 million, a decrease of 20% ($41 million) compared to the same period in 2022.
  • An amount of $344.9 million (US$259.6 million) was recognized during the three months ended June 30, 2023, and was recorded under other operating gains (losses), net and the payment was received in the three months ended September 30, 2023.
  • ET to discuss its financial results for the three months and one year periods ended December 31, 2023.

TOMI Environmental Solutions, Inc. to Hold Conference Call to Discuss Fourth Quarter 2023 Financial Results on April 1, 2024

Retrieved on: 
Tuesday, March 26, 2024

To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time and reference the participant access code 530125 or request the "TOMI Environmental Solutions fourth quarter earnings call."

Key Points: 
  • To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time and reference the participant access code 530125 or request the "TOMI Environmental Solutions fourth quarter earnings call."
  • To access the live webcast or view the press release, please visit the Investor Relations section of the TOMI website or register at the following link: https://www.webcaster4.com/Webcast/Page/2262/50244 .
  • Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements.
  • As such, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

eFFECTOR Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Monday, March 25, 2024

SOLANA BEACH, Calif. and REDWOOD CITY, Calif., March 25, 2024 (GLOBE NEWSWIRE) -- eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR), a leader in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today reported financial results for the fourth quarter and year ended December 31, 2023, and provided a corporate update.

Key Points: 
  • The primary analysis will reflect 37 PFS events, which provides approximately 80% power to detect a PFS hazard ratio of 0.65 at a p≤0.2.
  • Revenue: Revenue was zero for the quarter ended December 31, 2023, compared to approximately $0.7 million for the same quarter of 2022.
  • Research and Development (R&D) Expenses: R&D expenses were $6.1 million for the quarter ended December 31, 2023, compared to $6.6 million for the same quarter of 2022.
  • The earn-out period expired in August 2023 resulting in a reduction of the corresponding earn-out liability to zero as of December 31, 2023.

CHARM Therapeutics Announces Foundation of Scientific Advisory Board (SAB)

Retrieved on: 
Tuesday, March 19, 2024

LONDON – 19 March 2024 -- CHARM Therapeutics (“CHARM”, “The Company”), a 3D deep-learning research company discovering and developing transformational medicines, today announces the foundation of its Scientific Advisory Board (SAB) to provide expert insight and guidance to the Company on the optimal application of 3D deep learning, protein design and prediction in real world medicine.

Key Points: 
  • LONDON – 19 March 2024 -- CHARM Therapeutics (“CHARM”, “The Company”), a 3D deep-learning research company discovering and developing transformational medicines, today announces the foundation of its Scientific Advisory Board (SAB) to provide expert insight and guidance to the Company on the optimal application of 3D deep learning, protein design and prediction in real world medicine.
  • This pioneering technology enables CHARM to target and develop treatments for previously hard-to-drug targets in cancer and other therapeutic areas.
  • Laksh Aithani, Co-Founder, Chief Executive Officer and Board Member of CHARM Therapeutics, said: “As CHARM advances its 3D deep learning platform in discovery it’s critical to maintain aligned oversight of our priorities and keep abreast of this emerging field.
  • Founding members of CHARM’s SAB:
    David Baker, Ph.D. is a Scientific Co-Founder at CHARM and Chair of the SAB.

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Company’s Ankaa-class architecture.
  • In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Company’s Ankaa™-class chip architecture.
  • ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

Leonardo DRS Recognized with Prestigious Award for Revolutionary Infrared Sensor

Retrieved on: 
Thursday, April 4, 2024

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with the prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor that unlocks the ability for advanced military and scientific capabilities across multiple domains, including space.

Key Points: 
  • Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been recognized with the prestigious 2024 Herschel Award for the development of a groundbreaking cooled infrared sensor that unlocks the ability for advanced military and scientific capabilities across multiple domains, including space.
  • The 2024 award recognized DRS’s work in developing the linear mode HgCdTe Avalanche Photodiodes for single photon counting sensors.
  • The development of the sensor allows passive imaging under low light level conditions in the infrared spectral band.
  • Last year DRS was recognized for its role in the development of advanced infrared detectors used in next-generation infrared sights for ground combat vehicles.

NextFlex Announces 2024 Fellows Awards for Five Outstanding Recipients

Retrieved on: 
Thursday, March 28, 2024

NextFlex®, America's Hybrid Electronics Manufacturing Institute, presented the annual NextFlex Fellow Awards to five deserving individuals in recognition of their exceptional commitment to advanced manufacturing and the additive hybrid electronics member community.

Key Points: 
  • NextFlex®, America's Hybrid Electronics Manufacturing Institute, presented the annual NextFlex Fellow Awards to five deserving individuals in recognition of their exceptional commitment to advanced manufacturing and the additive hybrid electronics member community.
  • A NextFlex Fellow demonstrates leadership and subject matter expertise in support of the NextFlex mission.
  • View the full release here: https://www.businesswire.com/news/home/20240328483614/en/
    Left photo: 2024 Fellows Award recipients are presented with plaques by the NextFlex Co-Executive Directors.
  • These outstanding trailblazers exemplify what’s best about our member community as they help drive the NextFlex mission forward.