ALD

Archer achieves qubit material functionality at room temperature in air

Retrieved on: 
Tuesday, June 20, 2023

SYDNEY, Australia, June 19, 2023 (GLOBE NEWSWIRE) -- Archer Materials Limited (“Archer”, the “Company”, “ASX: AXE”), a semiconductor company that advances the quantum computing and medical diagnostics industries, has achieved a significant development milestone in the functionality of its cutting-edge qubit material.

Key Points: 
  • Archer Materials has engineered its qubit material to mimic a high vacuum environment, preserving quantum functionality at room temperature in air.
  • The preservation of quantum coherence in Archer’s qubit material at room temperature in air demonstrates a significant advantage over qubit proposals that are difficult to integrate onboard modern day devices.
  • The Archer team has now for the first time preserved the qubit materials’ quantum coherence times and properties1 at room temperature in air while maintaining the intrinsic metallic-like character of the qubit material2.
  • “Archer has now demonstrated its qubit materials’ quantum coherence times observed at room temperature can be achieved under normal conditions, in air.

Poxel Announces its Participation at Patient Association Conferences in Adrenoleukodystrophy

Retrieved on: 
Thursday, June 15, 2023

Poxel remains committed to discover, develop, and commercialize innovative therapies for patients suffering from serious chronic and rare diseases with underlying metabolic pathophysiology, starting with ALD.

Key Points: 
  • Poxel remains committed to discover, develop, and commercialize innovative therapies for patients suffering from serious chronic and rare diseases with underlying metabolic pathophysiology, starting with ALD.
  • PXL770 and PXL065 have demonstrated preclinically their efficacy in adrenomyeloneuropathy (AMN) and cerebral ALD (c-ALD) in mouse and human models1.
  • In line with his mission to bring therapeutic options to treat ALD, Poxel recently supported the Alex Leukodystrophy Charity during their Community Weekend, which took place from April 28th to May 1st in Birmingham, England.
  • This event brings together leukodystrophy sufferers and their families, alongside doctors, researchers and scientists from around the world to discuss leukodystrophies.

Poxel Reports Cash and Revenue for the First Quarter 2023 and Provides Corporate Update

Retrieved on: 
Wednesday, May 17, 2023

POXEL SA (Euronext: POXEL - FR0012432516), a clinical stage biopharmaceutical company developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis (NASH) and rare metabolic disorders, today provided a corporate update and announced its cash position and revenue for the first quarter ended March 31, 2023.

Key Points: 
  • POXEL SA (Euronext: POXEL - FR0012432516), a clinical stage biopharmaceutical company developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis (NASH) and rare metabolic disorders, today provided a corporate update and announced its cash position and revenue for the first quarter ended March 31, 2023.
  • Thomas Kuhn, Chief Executive Officer of Poxel, stated: “This quarter we successfully restructured our debt obligations and increased our financial flexibility with a new equity-linked financing with IRIS.
  • For the Sumitomo FY 2023, as a conservative assumption in line with Sumitomo’s forecast, Poxel expects to receive 8% royalties on TWYMEEG net sales.
  • As of March 31, 2023, cash and cash equivalents were EUR 10.6 million (USD 11.6 million), as compared to EUR 13.1 million (USD 14.0 million) as of December 31, 2022.

Society for Information Display Unveils 2023 Display Industry Award Winners

Retrieved on: 
Monday, May 15, 2023

CAMPBELL, Calif., May 15, 2023 /PRNewswire/ -- The Society for Information Display (SID) is pleased to announce the winners of its 29th Annual Display Industry Awards. The 2023 Display Industry Award (DIA) recipients reflect the ever-evolving display and imaging product landscape and represent a wide range of technological advancements with products designed to make devices that are more sustainable, economical, and engaging while providing users with a more dynamic visual experience. The honorees will be recognized and receive their awards in conjunction with SID's annual Display Week, being held in Los Angeles, California, May 21-26, 2023. Now in its 60th year, SID's annual International Symposium, Seminar and Exhibition (known as "Display Week") is the premier event for the global electronic display and visual information technology industries.

Key Points: 
  • CAMPBELL, Calif., May 15, 2023 /PRNewswire/ -- The Society for Information Display (SID) is pleased to announce the winners of its 29th Annual Display Industry Awards.
  • "The 2023 Display Industry Award winners reflect the very best the display industry has to offer," says Stephen Atwood, acting chair of the DIA Committee .
  • A more comprehensive description of the award winners is included in the Display Week 2023 Show Issue of Information Display magazine or at www.informationdisplay.org .
  • To be considered for a 2023 Display Industry Award, a product had to be available for purchase during the 2022 calendar year.

ALD: Trading update on Q1 2023 results

Retrieved on: 
Friday, May 12, 2023

ALD recorded a sharp increase in financial results in Q1 2023, driven by high margin growth and continued high Used car sales results.

Key Points: 
  • ALD recorded a sharp increase in financial results in Q1 2023, driven by high margin growth and continued high Used car sales results.
  • Leasing contract margin reached EUR 366.6 million in Q1 2023, vs. EUR 171.4 million in Q1 2022, up 80.7% excluding non-operating items.
  • UCS result per unit [14] came in at EUR 2,535 in Q1 2023 vs. EUR 3,101 in Q1 2022.
  • ALD’s Net Income (Group Share) reached EUR 315.5 million in Q1 2023, up 22.4% from EUR 257.7 million in Q1 2022.

Unveiling the Future of Vaping: Highlights from the FRESOR Launch Event

Retrieved on: 
Friday, May 5, 2023

ALD hosted a highly anticipated online brand launch event on YouTube to announce its original technology brand, FRESOR.

Key Points: 
  • ALD hosted a highly anticipated online brand launch event on YouTube to announce its original technology brand, FRESOR.
  • The FRESOR team unveiled 2 major technology platforms: FRESOR NOVA and FRESOR MAX, which represent cutting-edge advancements in the vaping industry.
  • The FRESOR brand launch event was a huge success and filled with excitement as the ALD team walked attendees through the origins, features and benefits of FRESOR.
  • Visitors to the FRESOR booth (C90) can experience the latest vaping firsthand and learn further about what FRESOR has in store.

Forge Nano Partners with Aleon Renewable Metals for Battery Recycling and Supply of Materials for EV Batteries

Retrieved on: 
Tuesday, May 2, 2023

DENVER, May 2, 2023 /PRNewswire/ -- Forge Nano, a global leader in surface engineering and precision nano-coating technology, and Aleon Renewable Metals (ARM), an integrated lithium-ion battery recycler, announced a partnership today for battery recycling and supply of battery materials.

Key Points: 
  • DENVER, May 2, 2023 /PRNewswire/ -- Forge Nano, a global leader in surface engineering and precision nano-coating technology, and Aleon Renewable Metals (ARM), an integrated lithium-ion battery recycler, announced a partnership today for battery recycling and supply of battery materials.
  • Aleon Renewable Metals will recycle Forge Nano's battery scrap at its industry-leading battery recycling facilities in Texas and Oklahoma utilizing Forge Nano's technology to manufacture cathode active materials (CAM) from the battery grade materials produced by ARM.
  • Batteries made with Atomic Armor are optimized to be longer-lasting and safer than current batteries on the market.
  • Aleon Renewable Metals leverages our proprietary recycling technologies to support the global transition to circular supply chains and cleaner energy.

Global Thin-Film Encapsulation (TFE) Market Report 2022: Growing Use of Thin-Film Barriers in Flexible and Organic Electronic Devices Bolsters Sector

Retrieved on: 
Friday, April 21, 2023

The growth of the thin-film encapsulation (TFE) market can be attributed to growing use of thin-film barriers in flexible and organic electronic devices and rising trend of TFE using inkjet printing technology.

Key Points: 
  • The growth of the thin-film encapsulation (TFE) market can be attributed to growing use of thin-film barriers in flexible and organic electronic devices and rising trend of TFE using inkjet printing technology.
  • The consumer electronics segment is expected to continue to account for the largest size of the TFE market during the forecast period.
  • The growth of OLED displays in the consumer vertical is expected to drive the TFE market growth.
  • The rising demand for OLEDs by the automotive and advertising markets will contribute significantly to the growth of the TFE market in the region.

Stellantis Strengthens and Streamlines European Financing and Leasing Services with Two New Simplified Organizations

Retrieved on: 
Tuesday, April 4, 2023

Banque PSA Finance is now renamed Stellantis Financial Services and will have a single financing entity per country covering all Stellantis brands, in partnership with BNP Paribas Personal Finance and Santander Consumer Finance.

Key Points: 
  • Banque PSA Finance is now renamed Stellantis Financial Services and will have a single financing entity per country covering all Stellantis brands, in partnership with BNP Paribas Personal Finance and Santander Consumer Finance.
  • Stellantis also announces the creation of a multi-brand operational leasing company, Leasys, which is a 50/50 joint venture with Crédit Agricole Consumer Finance following the consolidation of Leasys and Free2move Lease.
  • Its objective is to become the European leasing leader with the target of reaching a fleet of one million vehicles by 2026.
  • “Today marks the birth of Stellantis Financial Services, a major player in European automotive financing, and of the new consolidated Leasys,” said Philippe de Rovira, Stellantis Chief Affiliates Officer.

Moving iMage Technologies Awarded Contract for New Flix Brewhouse Dine-In Cinema in Mansfield, Texas

Retrieved on: 
Thursday, April 6, 2023

Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it received an award from Flix Brewhouse for a nine-screen luxury dine-in theater in Mansfield, Texas.

Key Points: 
  • Moving iMage Technologies (NYSE American: MITQ) ("MiT"), a leading cinema technology company, today announced it received an award from Flix Brewhouse for a nine-screen luxury dine-in theater in Mansfield, Texas.
  • "We are grateful for the opportunity to work with Flix on the Mansfield location," said Jerry Van de Rydt, senior vice president FF&E Sales.
  • Flix CEO Chance Robertson commented: “We are beyond thrilled to at last bring our unique brand of dining and entertainment to life in Mansfield.
  • The movies are back in force in 2023 and our team is thrilled to bring our tenth dine-in cinema brewpub nationally and fifth in Texas.