Conduit

Conduit Pharmaceuticals Appoints Dr. Joanne Holland as Chief Scientific Officer

Retrieved on: 
Tuesday, March 19, 2024

SAN DIEGO and LONDON, March 19, 2024 (GLOBE NEWSWIRE) --  Conduit Pharmaceuticals Inc. (Nasdaq: CDT) ("Conduit Pharmaceuticals" or "Conduit" or the “Company”) today announced the appointment of Dr. Joanne Holland as Chief Scientific Officer.

Key Points: 
  • SAN DIEGO and LONDON, March 19, 2024 (GLOBE NEWSWIRE) --  Conduit Pharmaceuticals Inc. (Nasdaq: CDT) ("Conduit Pharmaceuticals" or "Conduit" or the “Company”) today announced the appointment of Dr. Joanne Holland as Chief Scientific Officer.
  • Dr. Holland brings over 20 years of experience to the CSO role at Conduit, having amassed expertise across the entire development spectrum.
  • Dr. Holland earned a PhD in chemistry from the University of Leeds, UK, which was sponsored by Pfizer, Inc., before starting her career at companies including Millennium Pharmaceuticals and Stylacats Limited.
  • “The appointment of Jo as Chief Scientific Officer underscores Conduit’s commitment to optimizing the value of our current intellectual property assets, while concurrently fostering the creation of new intellectual property,” said Dr. David Tapolczay, Chief Executive Officer.

Conduit Power and Sunbridge Energy Services Announce Commercial Operations of Natural Gas Power Generation Facility at Sunbridge’s Compressed Natural Gas Plant in the Permian Basin

Retrieved on: 
Tuesday, April 2, 2024

Conduit Power, LLC (“Conduit”), a portfolio company of Grey Rock Investment Partners (“Grey Rock”), is pleased to announce it has successfully delivered a utility enablement project for Sunbridge Energy Services, LLC (“Sunbridge”) at a plant site in the Permian Basin.

Key Points: 
  • Conduit Power, LLC (“Conduit”), a portfolio company of Grey Rock Investment Partners (“Grey Rock”), is pleased to announce it has successfully delivered a utility enablement project for Sunbridge Energy Services, LLC (“Sunbridge”) at a plant site in the Permian Basin.
  • Conduit is a turnkey provider of resilient, standalone baseload power generation systems for commercial and industrial users.
  • The 5 MW natural gas-powered electricity generation facility was engineered, procured, and constructed by Conduit, and will be managed, optimized, and operated by Conduit over a long-term services agreement with Sunbridge.
  • Conduit’s natural gas-fueled baseload power generation solution – and the services that support its continuous operation – directly contribute to the high performance and uptime of the Sunbridge CNG plant.

Amidst war: A new venture capital fund for dual-use technologies was established in Israel

Retrieved on: 
Wednesday, March 20, 2024

TEL AVIV, Israel, March 20, 2024 /PRNewswire/ -- The newly established fund, named 2i (Dual Impact) Ventures, will focus mainly on investments in start-up companies engaged in the development of technologies for both civilian and defense applications. In addition, the fund will help make civilian technologies accessible to the defense market, which currently enjoys record high budgets. The fund began its activity after an initial closing of funds raised from Israeli, American and European investors, and in conjunction with its initial investment activity, mainly in areas that correlate with its strategic partners, the fund continues to raise capital.

Key Points: 
  • In addition, the fund will help make civilian technologies accessible to the defense market, which currently enjoys record high budgets.
  • The fund signed a strategic partnership agreement with Maf'at (Directorate of Defense Research & Development), the world-renowned R&D arm of the Israeli defense establishment.
  • Another partner who joined the fund is Dror Erez, a serial entrepreneur and formerly co-founder and VP of Technology at Conduit.
  • Market corrections in the field of venture capital, together with increased investments in national security, represent significant opportunity for the fund, which offers unique perspective and value to technology ventures, together with its partners and side by side with other venture capital funds."

Offchain Labs Releases ArbOS 20 Atlas, Significantly Reducing Transaction Costs on Arbitrum

Retrieved on: 
Thursday, March 14, 2024

NEW YORK, March 14, 2024 /PRNewswire/ -- Offchain Labs, the original contributor to Arbitrum, the market-leading Layer 2 (L2) scaling solution on Ethereum, today announced the release of ArbOS 20. Dubbed "Atlas", the operating system update marks a significant leap forward for the Arbitrum ecosystem, introducing Ethereum Dencun support to all Arbitrum chains, paving the way for significantly improved costs and new use cases. In combination with Stylus and EVM+, applications and use cases previously considered impossible to ship on Arbitrum are now within reach – especially those that produce a high number of transactions like Gaming, SocialFi, or DeFi exchanges.

Key Points: 
  • NEW YORK, March 14, 2024 /PRNewswire/ -- Offchain Labs, the original contributor to Arbitrum, the market-leading Layer 2 (L2) scaling solution on Ethereum, today announced the release of ArbOS 20.
  • The most notable impact resulting from ArbOS Atlas will be a significant change in Ethereum L2 transaction costs.
  • It also adds support for EIP-6780, aligning Arbitrum with EVM's security posture and laying the groundwork for future EVM improvements.
  • "ArbOS 20 - 'Atlas' promises numerous functional improvements for transactions running on Arbitrum, especially with regards to pricing and cost economics.

Flash News: OKX Lists Aevo Token on its Spot Market

Retrieved on: 
Tuesday, March 12, 2024

DUBAI, UAE, March 12, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 12, 2024.

Key Points: 
  • DUBAI, UAE, March 12, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 12, 2024.
  • OKX today announced that it will list the Aevo DEX's token, AEVO, on its spot market on March 13 at 10:00 AM (UTC).
  • This addition will enable users to trade AEVO against USDT via the AEVO/USDT spot pair.
  • It operates on the Aevo Layer 2, an Ethereum roll-up based on the OP Stack.

Conduit Pharmaceuticals Announces Opening of Prime Laboratory Space in Europe’s Leading Life Sciences Hub

Retrieved on: 
Monday, March 11, 2024

SAN DIEGO and LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Conduit Pharmaceuticals Inc. (Nasdaq: CDT ) ("Conduit Pharmaceuticals" or "Conduit") today announced the opening of cutting-edge laboratory space in Cambridge, United Kingdom, a global centre for research and development for companies at the forefront of life science innovation.

Key Points: 
  • SAN DIEGO and LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Conduit Pharmaceuticals Inc. (Nasdaq: CDT ) ("Conduit Pharmaceuticals" or "Conduit") today announced the opening of cutting-edge laboratory space in Cambridge, United Kingdom, a global centre for research and development for companies at the forefront of life science innovation.
  • This strategic acquisition marks a pivotal milestone for Conduit, positioning the Company for portfolio expansion, enhanced development capabilities, and growth of a robust intellectual property portfolio.
  • The laboratory space in Cambridge sits within 150 acres and two million square feet of high technology and laboratory buildings, housing nearly 7,000 people at over 130 companies that range from exciting start-ups to some of the world's leading technology and life science businesses.
  • At Conduit’s new laboratory, the scientific team will focus on strengthening and extending the Company’s intellectual property portfolio using solid form technology to maximise out-licensing value.

Conduit Tech Receives Powered by Manual J® Approval from Air Conditioning Contractors of America

Retrieved on: 
Wednesday, March 6, 2024

Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).

Key Points: 
  • Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).
  • Shelby Breger and Marisa Reddy founded Conduit Tech in 2022 to make it easier for all HVAC Pros to quickly and profitably design, sell, and install high-efficiency and comfortable HVAC systems.
  • Conduit’s receipt of the Powered by ACCA Manual J® Approval is the latest milestone enabling Conduit to accelerate its mission to empower thousands of HVAC Pros to install the most efficient and comfortable equipment in millions of homes.
  • We’re pleased that Conduit Tech has put the effort in to earn ACCA approval for their software.”

Netmore and MultiTech Partner Together in Providing New LPWAN Product Offerings that Grow Netmore's Worldwide Connectivity

Retrieved on: 
Thursday, February 22, 2024

MOUNDS VIEW, Minn., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Netmore and MultiTech have implemented a strategic partnership to develop LPWAN networks leveraging Netmore´s expertise in the LoRaWAN® operator business and MultiTech's 50+ years of IoT manufacturing expertise to create IoT LPWAN solutions.

Key Points: 
  • "The Conduit AP 300 Series Access Point is a great choice for Netmore as it provides a secure, reliable, and deep in-building wireless penetration.
  • Netmore can seamlessly connect thousands of sensors wirelessly within smart buildings to meet the demands of their customers everywhere."
  • Netmore proposes global LoRaWAN connectivity through a state-of-the-art LPWAN platform for network management with a 24/7 NOC, designed for large scale IoT rollouts.
  • MultiTech's U.S. and global manufacturing agility works in partnership with Netmore at any volume by delivering pre-configured product or fully customized solutions.

MultiTech Receives 2023 IoT Excellence Award for the Conduit® AP Access Point for LoRa® Excellence in Innovation

Retrieved on: 
Friday, February 16, 2024

MOUNDS VIEW, Minn., Feb. 16, 2024 /PRNewswire-PRWeb/ -- Multi-Tech Systems, Inc, a leading supplier of Internet of Things (IoT) devices and services, announced today that the MultiTech Conduit® AP Access Point for LoRa® Technology Power over Ethernet (PoE) models have received a 2023 IoT Excellence Award presented by TMCnet.com.

Key Points: 
  • Multi-Tech Systems, Inc, a leading supplier of Internet of Things (IoT) devices and services, announced today that the MultiTech Conduit® AP Access Point for LoRa® Technology Power over Ethernet (PoE) models have received a 2023 IoT Excellence Award presented by TMC and Crossfire Media.
  • MOUNDS VIEW, Minn., Feb. 16, 2024 /PRNewswire-PRWeb/ -- Multi-Tech Systems, Inc , a leading supplier of Internet of Things (IoT) devices and services, announced today that the MultiTech Conduit® AP Access Point for LoRa® Technology Power over Ethernet (PoE) models have received a 2023 IoT Excellence Award presented by TMCnet.com.
  • The MultiTech Conduit® AP conveniently provides deep in-building connectivity and improved performance for network operators and enterprises connecting thousands of IoT assets by harnessing the power of the LoRaWAN® protocol.
  • "It is my pleasure to recognize the MultiTech Conduit AP with an IoT Excellence Award for its excellence in innovation," said Carl Ford, Community Developer, IoT Evolution World.

Solar PV Balance of Systems (BOS) Market size to increase by USD 32.33 billion during 2023-2028; Increasing investments in renewable energy to drive the growth - Technavio

Retrieved on: 
Thursday, January 11, 2024

As investments increase, the necessity for these BOS elements intensifies, fostering innovation and growth within the solar energy sector.

Key Points: 
  • As investments increase, the necessity for these BOS elements intensifies, fostering innovation and growth within the solar energy sector.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The crystalline silicon solar PV modules market size is forecast to increase by USD 56.06 billion.
  • The Residential Solar Photovoltaic (PV) Systems Market size is estimated to grow at a CAGR of 5.22% between 2023 and 2027.