PPE

QT Imaging Holdings Announces Completion of Business Combination with GigCapital5

Retrieved on: 
Monday, March 4, 2024

QT Imaging Holdings, Inc. a medical device company engaged in the research, development, and commercialization of innovative body imaging systems using low frequency sound waves, and GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA, GIAFW), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced the completion of their previously announced business combination (the “Business Combination”).

Key Points: 
  • QT Imaging Holdings, Inc. a medical device company engaged in the research, development, and commercialization of innovative body imaging systems using low frequency sound waves, and GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA, GIAFW), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced the completion of their previously announced business combination (the “Business Combination”).
  • The Business Combination was approved at the Annual Meeting of GigCapital5’s stockholders on February 20, 2024.
  • Upon completion of the Business Combination, the combined company changed its name to QT Imaging Holdings, Inc. (“QT Imaging”).
  • The QT Imaging Breast Acoustic CT™ Scanner, with its already granted FDA clearance as adjunct to mammography, sets a new standard in breast imaging excellence.

Europe Disposable Gloves Market Set to Expand with a 7.71% CAGR by 2029 Due to Increased PPE Production and Advanced Material Development - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The "Europe Disposable Gloves Market - Industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Disposable Gloves Market - Industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The latest industry analysis reveals a significant surge in the European disposable gloves market, anticipated to grow at a compound annual growth rate (CAGR) of 7.71% from 2023 to 2029.
  • With an increased focus on self-sufficiency, particularly underscored by the COVID-19 pandemic, Europe has seen a marked rise in domestic PPE production.
  • Moreover, the adoption of clean room environments across European industries necessitates high-quality disposable gloves, thereby escalating demand.

GigCapital5, Inc. Announces Closing Date for Business Combination With QT Imaging

Retrieved on: 
Thursday, February 29, 2024

GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced that the completion of their previously announced business combination (the “Business Combination”) with QT Imaging, Inc. (“QT Imaging”), a technology company engaged in an innovative automated breast imaging system producing high-resolution transmission ultrasound images, will take place on March 4, 2024.

Key Points: 
  • GigCapital5, Inc. (“GigCapital5”; Nasdaq: GIA), a Private-to-Public Equity (PPE)™ entity also known as special purpose acquisition company (“SPAC”), today announced that the completion of their previously announced business combination (the “Business Combination”) with QT Imaging, Inc. (“QT Imaging”), a technology company engaged in an innovative automated breast imaging system producing high-resolution transmission ultrasound images, will take place on March 4, 2024.
  • Upon completion of the Business Combination, the combined company will change its name to QT Imaging Holdings, Inc. (“QT Imaging Holdings”).
  • QT Imaging is a medical device company engaged in the research, development and commercialization of innovative body imaging systems using low energy sound.
  • Brown Rudnick LLP is serving as legal counsel and BPM LLP is serving as auditor to QT Imaging.

The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Operating results in the fourth quarter of 2023 included $74 million of charges, primarily related to a $68 million non-cash impairment of goodwill in its Varis business unit.

Key Points: 
  • Operating results in the fourth quarter of 2023 included $74 million of charges, primarily related to a $68 million non-cash impairment of goodwill in its Varis business unit.
  • Adjusted results for the fourth quarter of 2023 exclude charges and credits totaling $74 million as described above and the associated tax impacts.
  • Fourth quarter of 2023 adjusted EBITDA was $73 million compared to $89 million in the prior year period.
  • Adjusted Free Cash Flow(3) was $43 million in the fourth quarter of 2023, compared to $147 million in the prior year period.

Global Soldier Systems Strategic Research Report 2024: Here's How Armies Worldwide Are Looking to Better Protect Their Combat Troops - ResearchAndMarkets.com

Retrieved on: 
Monday, February 26, 2024

The "Soldier Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Soldier Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Soldier systems are advanced equipment and technologies designed to enhance the capabilities and protection of military personnel in modern warfare scenarios.
  • By equipping them with state-of-the-art gear and technology, soldier systems aim to optimize their performance and increase their operational effectiveness.
  • There are various types of soldier systems, including personal protective equipment (PPE), communication systems, weapon systems, navigation and targeting systems, and medical and survival equipment.

Polly Announces API Integration with Byte LOS

Retrieved on: 
Thursday, February 22, 2024

Polly , the leading provider of innovative mortgage capital markets technology, today announced its API integration with Byte Software , a robust, multi-channel loan origination software (LOS) provider.

Key Points: 
  • Polly , the leading provider of innovative mortgage capital markets technology, today announced its API integration with Byte Software , a robust, multi-channel loan origination software (LOS) provider.
  • The highly anticipated integration enables mutual customers to launch Polly's cloud‑native, high‑performance Product and Pricing Engine (PPE) from directly within the Byte LOS platform, taking full advantage of the seamless data stream between both platforms.
  • The end-user benefits of integrating Polly's advanced mortgage pricing engine with Byte's LOS are clear, including:
    Strategic flexibility: With this API integration, lenders can leverage custom fields and multi-functional action sets tailored to their specific business needs.
  • The team has worked with us every step of the way to ensure the Byte API integration was tailored to the needs of mortgage lenders like us.

alwaysAI Brings Groundbreaking Vision AI Solutions to the Mining Industry

Retrieved on: 
Monday, March 4, 2024

alwaysAI Smart Mining solutions combine our revolutionary computer vision platform, including a new, comprehensive analytics dashboard, with the invaluable experience of our talented team of world-class engineers to deliver practical AI to mines.

Key Points: 
  • alwaysAI Smart Mining solutions combine our revolutionary computer vision platform, including a new, comprehensive analytics dashboard, with the invaluable experience of our talented team of world-class engineers to deliver practical AI to mines.
  • alwaysAI, a leader in Vision AI, announces solutions to transform the mine-to-market value chain.
  • alwaysAI is partnering with leading industrial groups, companies, and mining experts to bring the magic of Vision AI to operators quickly and effectively.
  • We are delighted to work with companies like alwaysAI and their Vision AI solutions to improve mining."

Road to 6G: IDTechEx Investigates Emerging Low-Loss Materials

Retrieved on: 
Monday, March 4, 2024

This includes R&D for low-loss materials, which IDTechEx extensively explores in its report, " Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts ".

Key Points: 
  • This includes R&D for low-loss materials, which IDTechEx extensively explores in its report, " Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts ".
  • As such, some researchers are approaching the challenge of 6G low-loss materials from the starting point of current commercially used low-loss materials.
  • Organic materials such as polyimide (PI) and poly p-(phenyl ether) (PPE) are being developed into build-up materials for substrates.
  • The IDTechEx report, "Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts", explores the technology developments and market trends driving the growth of the low-loss materials market for next-generation telecommunications.

Road to 6G: IDTechEx Investigates Emerging Low-Loss Materials

Retrieved on: 
Monday, March 4, 2024

This includes R&D for low-loss materials, which IDTechEx extensively explores in its report, " Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts ".

Key Points: 
  • This includes R&D for low-loss materials, which IDTechEx extensively explores in its report, " Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts ".
  • As such, some researchers are approaching the challenge of 6G low-loss materials from the starting point of current commercially used low-loss materials.
  • Organic materials such as polyimide (PI) and poly p-(phenyl ether) (PPE) are being developed into build-up materials for substrates.
  • The IDTechEx report, "Low-Loss Materials for 5G and 6G 2024-2034: Markets, Trends, Forecasts", explores the technology developments and market trends driving the growth of the low-loss materials market for next-generation telecommunications.

iHealth Labs Named Tech Innovation Company of the Year by the Sunnyvale Chamber of Commerce

Retrieved on: 
Friday, March 1, 2024

SUNNYVALE, Calif., March 1, 2024 /PRNewswire/ -- iHealth Labs, Inc. (iHealth®), a leading provider of digital health solutions, announced today that it has been named the 2024 Tech Innovation Company of the Year by the Sunnyvale Chamber of Commerce. The Celebrate Sunnyvale Awards, previously named The Murphy Awards after City of Sunnyvale founder Martin Murphy Jr., recognizes the contributions of local businesses, individuals, and organizations to the Sunnyvale community.

Key Points: 
  • Company recognized for its innovative, cloud-connected digital health solutions
    SUNNYVALE, Calif., March 1, 2024 /PRNewswire/ -- iHealth Labs, Inc. (iHealth®), a leading provider of digital health solutions, announced today that it has been named the 2024 Tech Innovation Company of the Year by the Sunnyvale Chamber of Commerce.
  • The Celebrate Sunnyvale Awards, previously named The Murphy Awards after City of Sunnyvale founder Martin Murphy Jr., recognizes the contributions of local businesses, individuals, and organizations to the Sunnyvale community.
  • "During the pandemic, businesses, nonprofits, and residents of Sunnyvale relied heavily on iHealth Labs' COVID tests to keep employees and families safe and protect the health of the community," shared Sunnyvale Chamber of Commerce Board Member Marie Bernard.
  • "The Chamber of Commerce's recognition of iHealth Labs as Sunnyvale's Technology and Innovation Company of the Year is a testament to the company's commitment to enabling people to lead healthier lives.