SHI International Corp

SHI International Acquires Moot, Inc. to Enhance Cybersecurity Offerings

Retrieved on: 
Thursday, March 7, 2024

SHI International , one of the world’s leading technology solutions providers, has acquired Moot Inc. , a cybersecurity firm that provides automated security solutions to help customers optimize the potential value of existing IT assets.

Key Points: 
  • SHI International , one of the world’s leading technology solutions providers, has acquired Moot Inc. , a cybersecurity firm that provides automated security solutions to help customers optimize the potential value of existing IT assets.
  • Moot introduces automation that can significantly reduce security costs by eliminating human error, R&D, implementation, support, and much more.
  • The platform orchestrates security workflows like baselines, privileged security, user management, and device management by optimizing an environment’s existing tools.
  • “Helping customers stay vigilant in securing their environment requires a constant evaluation of new cutting-edge cybersecurity companies and technologies,” said Thai Lee, President and CEO at SHI.

ActivTrak Closes Year Approaching $40M in Annual Recurring Revenue

Retrieved on: 
Wednesday, January 10, 2024

AUSTIN, Texas, Jan. 10, 2024 /PRNewswire/ -- ActivTrak today announced results for 2023, wrapping a year of 40% growth in enterprise-class deployments as COOs and CFOs continue to grapple with the lack of data to inform productivity and returns on workforce investments.

Key Points: 
  • The ActivTrak Productivity Lab also published its second annual State of the Workplace report , one of the most direct and objective studies of productivity based on actual behavioral data.
  • "2024 marks three years of a post-pandemic world, yet most organizations still lack consensus on the impact of hybrid work," said Heidi Farris, CEO of ActivTrak.
  • "Our success this past year validates that the market for workforce analytics continues to mature and expand with ActivTrak leading the way.
  • I'm excited to build on this growth in 2024 as we help companies realize the true value of their workforce investments."

Drilling Tools International Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023

HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp., (“DTI” or the “Company”) (Nasdaq: DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, operating from 20 locations across North America, Europe and the Middle East, today reported its financial and operational results for the third quarter ended September 30, 2023.

Key Points: 
  • HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Drilling Tools International Corp., (“DTI” or the “Company”) (Nasdaq: DTI), a leading oilfield services company that manufactures and provides a differentiated, rental-focused offering of tools for use in horizontal and directional drilling, operating from 20 locations across North America, Europe and the Middle East, today reported its financial and operational results for the third quarter ended September 30, 2023.
  • Product Sales Net Revenue in the third quarter totaled $8.8 million, a decrease of 9.6% compared to the third quarter of 2022.
  • Third quarter 2023 Operating Expenses were $(31.0) million, compared to $(28.5) million in the third quarter of 2022.
  • Third quarter 2023 Adjusted EBITDA was $12.7 million, compared to Adjusted EBITDA of $13.0 million in the prior year quarter.

SHI Joins DTEX Global Partner Program to Meet Increasing Worldwide Demand for Proactive Insider Risk Management Solutions

Retrieved on: 
Thursday, December 14, 2023

DTEX Systems, the global leader in insider risk management, today announced the addition of SHI International Corp. to the DTEX Systems Global Partner Program .

Key Points: 
  • DTEX Systems, the global leader in insider risk management, today announced the addition of SHI International Corp. to the DTEX Systems Global Partner Program .
  • As the newest member of the DTEX partner network, SHI will help customers enhance their insider risk management capabilities and mitigate data loss.
  • SHI helps companies achieve business goals through the use of technologies, including cybersecurity solutions that address people, technology, and processes.
  • “Insider risk continues to be the fastest growing area of cybersecurity today,” said Brian Stoner, Vice President, Worldwide Channel and Alliances, DTEX Systems.

Albany International Declares Dividend

Retrieved on: 
Friday, December 8, 2023

The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.26 per share on the Company’s Class A Common Stock, an increase of 4%, or $0.01 per share, from the prior dividend.

Key Points: 
  • The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.26 per share on the Company’s Class A Common Stock, an increase of 4%, or $0.01 per share, from the prior dividend.
  • The dividend is payable January 8, 2024, to shareholders of record on December 19, 2023.

SAIC Board of Directors Declares Cash Dividend

Retrieved on: 
Friday, December 1, 2023

Science Applications International Corp. (NYSE: SAIC ) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on January 26, 2024 to stockholders of record on January 12, 2024.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on January 26, 2024 to stockholders of record on January 12, 2024.
  • SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.

Ault Alliance Announces that Its Indirect Subsidiary, MTIX, Ltd. Provides Substantial Cost Savings and Environmental Benefits From Using Its Proprietary MLSE Process

Retrieved on: 
Thursday, November 30, 2023

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license with PANGAIA.
  • This innovative approach aims to save water and energy as well as process chemicals efficiently.
  • RDD Textiles is showcasing this fabric along with its other innovations at ISPO 2023 in Munich, Germany this week Booth #C1.327.
  • Phil Mansour, the CEO of MTIX, stated, “We are pleased at the results of the combined efforts of our teams.

SAIC Schedules Third Quarter Fiscal Year 2024 Earnings Conference Call for December 4 at 10 A.M. ET

Retrieved on: 
Monday, November 20, 2023

Science Applications International Corp. (NYSE: SAIC ) is scheduled to issue its third quarter fiscal year 2024 results before market open on Monday, December 4, 2023.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) is scheduled to issue its third quarter fiscal year 2024 results before market open on Monday, December 4, 2023.
  • SAIC executive management will discuss operational and financial results in a conference call beginning at 10:00 a.m. Eastern time, following the issuance of the company’s earnings press release.
  • The conference call will be webcast simultaneously to the public through a link on the Investor Relations section of the SAIC website .
  • Additionally, a supplemental presentation will be available to the public through links on the Investor Relations section of the SAIC website.

Composite Textiles Market is Forecast to Reach US$ 9.5 Billion in 2028, Says Stratview Research

Retrieved on: 
Friday, December 15, 2023

DETROIT, Dec. 15, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the global composite textiles market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Key Points: 
  • Based on textile type - The composite textiles market is segmented into perform, CSM, CFM, woven roving, woven yarn, and multi-axials.
  • The report suggests that Asia-Pacific is expected to remain the largest market for composite textiles during the forecast period.
  • -  Increasing preference for composite textiles in large-sized applications such as boat hulls and wind turbine blades are expected to fuel the demand for composite textiles during the forecast period.
  • For Customization or Any Other Queries, Get in Touch with Our Industry Experts at [email protected]
    Top 5 Companies in the Composite Textiles Market?

Avvenire Electric Vehicles Launches Investment Offering Open to All Investors

Retrieved on: 
Wednesday, December 13, 2023

TORONTO, Dec. 13, 2023 /PRNewswire/ -- Avvenire Electric Vehicles International Corp. is excited to launch its Regulation A (REG A) financing campaign, offering shares at an attractive $1.50 each, complemented by a full warrant at $3.25.

Key Points: 
  • TORONTO, Dec. 13, 2023 /PRNewswire/ -- Avvenire Electric Vehicles International Corp. is excited to launch its Regulation A (REG A) financing campaign, offering shares at an attractive $1.50 each, complemented by a full warrant at $3.25.
  • This global opportunity invites participation in advancing our revolutionary electric mobility solutions, with a minimum investment of $1,000 and exclusive perks for investors.
  • Committed to reshaping the Electric Vehicle (EV) landscape, Avvenire aims to establish itself as a leader in sustainable and cutting-edge transportation.
  • From urban electric cars to flying vehicles, the Avvenire Series will revolutionize transportation, with production starting in 2024.