EDA

Smartkem Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

MANCHESTER, England, March 28, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK ), the developer of a new class of semiconductor polymer transistors that have the capability of powering the next generation of displays, today provides a business update and reports financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • MANCHESTER, England, March 28, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK ), the developer of a new class of semiconductor polymer transistors that have the capability of powering the next generation of displays, today provides a business update and reports financial results for the fourth quarter and full year ended December 31, 2023.
  • Cash and cash equivalents as of December 31, 2023, were $8.8 million compared to $4.2 million as of December 31, 2022.
  • Operating expenses as of December 31, 2023, were $10.8 million compared to $10.9 million as of December 31, 2022.
  • "2023 was an important year for Smartkem as we sought additional funding via a private placement for net proceeds of $12.4 million.

Qlik Selects Solace PubSub+ as Event Streaming Foundation for their Real-Time Data Integration and Analytics Offering

Retrieved on: 
Wednesday, March 27, 2024

As Qlik's Cloud service has experienced a significant year-over-year growth, Qlik needed to optimize its event platform with a low latency solution.

Key Points: 
  • As Qlik's Cloud service has experienced a significant year-over-year growth, Qlik needed to optimize its event platform with a low latency solution.
  • That's why when it came time to revisit our solution's data distribution framework, we chose Solace and their PubSub+ platform," said Mike Potter, CTO, Qlik.
  • We are proud they have selected PubSub+ Platform to serve as such an important element of their innovative real-time data integration and analytics offering," said Bill Jackes, SVP Americas, Solace.
  • Qlik is actively rolling out Solace to their commercial and FedRAMP clients and will continue to expand their deployment throughout 2024.

Qlik Selects Solace PubSub+ as Event Streaming Foundation for their Real-Time Data Integration and Analytics Offering

Retrieved on: 
Wednesday, March 27, 2024

As Qlik's Cloud service has experienced a significant year-over-year growth, Qlik needed to optimize its event platform with a low latency solution.

Key Points: 
  • As Qlik's Cloud service has experienced a significant year-over-year growth, Qlik needed to optimize its event platform with a low latency solution.
  • That's why when it came time to revisit our solution's data distribution framework, we chose Solace and their PubSub+ platform," said Mike Potter, CTO, Qlik.
  • We are proud they have selected PubSub+ Platform to serve as such an important element of their innovative real-time data integration and analytics offering," said Bill Jackes, SVP Americas, Solace.
  • Qlik is actively rolling out Solace to their commercial and FedRAMP clients and will continue to expand their deployment throughout 2024.

Synopsys Announces New AI-Driven EDA, IP and Systems Design Solutions At SNUG Silicon Valley

Retrieved on: 
Wednesday, March 20, 2024

SUNNYVALE, Calif., March 20, 2024 /PRNewswire/ -- Today Synopsys, Inc. (Nasdaq: SNPS) kicked off its annual flagship Synopsys User Group (SNUG) conference in Silicon Valley at the Santa Clara Convention Center with a keynote presentation by Synopsys president and CEO Sassine Ghazi. Ghazi discussed the unprecedented innovation opportunities and challenges that technology R&D teams face in this era of pervasive intelligence. He also announced new EDA and IP solutions aimed at maximizing the capabilities of the global technology engineering teams, from silicon to systems, that Synopsys serves.

Key Points: 
  • (Nasdaq: SNPS ) kicked off its annual flagship Synopsys User Group (SNUG) conference in Silicon Valley at the Santa Clara Convention Center with a keynote presentation by Synopsys president and CEO Sassine Ghazi.
  • He also announced new EDA and IP solutions aimed at maximizing the capabilities of the global technology engineering teams, from silicon to systems, that Synopsys serves.
  • The company plans to discuss its growing design IP business during this afternoon's investor meeting, which is co-located with SNUG Silicon Valley.
  • Happening March 20 and 21 in Santa Clara, Calif., SNUG Silicon Valley gathers the global Synopsys design community to discuss technology advancements, challenges, strategic collaborations, and business opportunities.

MIT Sloan Executive Education Expands Portfolio of Entrepreneurial Offerings with New Course, "Entrepreneurship Development Accelerator"

Retrieved on: 
Wednesday, March 20, 2024

CAMBRIDGE, Mass., March 20, 2024 /PRNewswire-PRWeb/ -- MIT Sloan Executive Education today announced the expansion of its entrepreneurial offerings with the Entrepreneurship Development Accelerator (EDA). Building on the success of its flagship Entrepreneurship Development Program (EDP), which has created a community of more than 2,000 entrepreneurs, EDA provides a unique opportunity for intrapreneurs and entrepreneurs to roll up their sleeves and advance the progress of their own venture. Participants will immerse themselves in lectures, team activities, and simulations alongside the top MIT startups from delta v, MIT Sloan's premier venture accelerator.

Key Points: 
  • CAMBRIDGE, Mass., March 20, 2024 /PRNewswire-PRWeb/ -- MIT Sloan Executive Education today announced the expansion of its entrepreneurial offerings with the Entrepreneurship Development Accelerator (EDA).
  • Participants will immerse themselves in lectures, team activities, and simulations alongside the top MIT startups from delta v , MIT Sloan's premier venture accelerator.
  • "We're at this inflection point, and what you're going to find here at MIT is a full stack experience.
  • Upon successful completion of the course, participants will earn a certificate of course completion from MIT Sloan School of Management.

Synopsys Showcases EDA Performance and Next-Gen Capabilities with NVIDIA Accelerated Computing, Generative AI and Omniverse

Retrieved on: 
Monday, March 18, 2024

SUNNYVALE, Calif., March 18, 2024 /PRNewswire/ -- Building on more than three decades of collaboration, Synopsys, Inc. (Nasdaq: SNPS) today announced it is working with NVIDIA to substantially accelerate chip design and advance automotive prototyping using the power of AI and accelerated computing. The announcement was made at the NVIDIA GTC global AI conference.

Key Points: 
  • Synopsys Fusion Compiler™: Enables accelerated hybrid CPU/GPU performance scaling across digital placement, providing massive parallelization for compute-intensive exploration and optimization.
  • "Synopsys' EDA suite, together with NVIDIA's accelerated computing architecture, demonstrates the gains that can be achieved for these exceptionally demanding industrial workloads."
  • Synopsys will utilize the NVIDIA AI Enterprise software platform, which includes NVIDIA NeMo™ framework, and NVIDIA NIM inference and NeMo Retriever microservices deployment containers.
  • Synopsys customers will be able to deploy Synopsys.ai Copilot on air-gapped on-prem environments, leveraging the accelerated computing performance of NVIDIA DGX systems .

Smartkem Announces Technology Collaboration Agreement with the Industrial Technology Research Institute (ITRI) in Taiwan

Retrieved on: 
Monday, March 18, 2024

MANCHESTER, England, March 18, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK), the developer of a disruptive type of organic transistor that has the potential to drive a new generation of displays, today announced that it has entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on ITRI's equipment. This collaboration is part of Smartkem's commercialization strategy to allow global display manufacturers access to foundry services using Smartkem's technology.

Key Points: 
  • Strategic agreement will accelerate ability to manufacture commercially ready products using Smartkem OTFT technology.
  • MANCHESTER, England, March 18, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK ), the developer of a disruptive type of organic transistor that has the potential to drive a new generation of displays, today announced that it has entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on ITRI's equipment.
  • This collaboration is part of Smartkem's commercialization strategy to allow global display manufacturers access to foundry services using Smartkem's technology.
  • This multi-year technology collaboration agreement is part of Smartkem's commercialization strategy to enable customers to prototype products on ITRI's line using Smartkem's OTFT technology before transferring to their own lines or subcontracting to a third party.

Smartkem Announces Technology Collaboration Agreement with the Industrial Technology Research Institute (ITRI) in Taiwan

Retrieved on: 
Monday, March 18, 2024

MANCHESTER, England, March 18, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK), the developer of a disruptive type of organic transistor that has the potential to drive a new generation of displays, today announced that it has entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on ITRI's equipment. This collaboration is part of Smartkem's commercialization strategy to allow global display manufacturers access to foundry services using Smartkem's technology.

Key Points: 
  • Strategic agreement will accelerate ability to manufacture commercially ready products using Smartkem OTFT technology.
  • MANCHESTER, England, March 18, 2024 /PRNewswire/ -- Smartkem (OTCQB: SMTK ), the developer of a disruptive type of organic transistor that has the potential to drive a new generation of displays, today announced that it has entered into a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on ITRI's equipment.
  • This collaboration is part of Smartkem's commercialization strategy to allow global display manufacturers access to foundry services using Smartkem's technology.
  • This multi-year technology collaboration agreement is part of Smartkem's commercialization strategy to enable customers to prototype products on ITRI's line using Smartkem's OTFT technology before transferring to their own lines or subcontracting to a third party.

Cross-Laminated Timber Industry to Gain New Manufacturing Facility in Oregon's Mid-Willamette Valley

Retrieved on: 
Friday, March 15, 2024

PORTLAND, Ore., March 15, 2024 /PRNewswire/ -- Timberlab Inc. (Timberlab), a subsidiary of Swinerton Incorporated (Swinerton) and leading national provider of holistic mass timber systems, unveils its plans to construct and operate a state-of-the-art cross-laminated timber (CLT) manufacturing facility in Oregon's mid-Willamette region. This strategic initiative represents a significant milestone in the firm's mission to accelerate the mainstream adoption of mass timber construction across the United States, providing a low-carbon and renewable material for the construction industry.

Key Points: 
  • Mass timber construction growth sparks supply chain expansion: Timberlab and Swinerton respond by adding manufacturing capabilities to its portfolio.
  • "Timberlab's objective has been to remove pinch points in the mass timber industry so that timber structures are affordable and widely usable in the U.S. construction market," states Timberlab President Chris Evans.
  • Building this state-of-the-art manufacturing facility near these resources will drive innovation and position Timberlab, Swinerton, and the State of Oregon as catalysts in mass timber construction.
  • As mass timber construction continued to grow across the U.S. in 2023, Timberlab expanded its operations by opening an East Coast mass timber fabrication facility in Greenville, SC.

Micromine Promotes the Release of Micromine Origin Grade Copilot with Professional Flight Simulator at PDAC Booth #601

Retrieved on: 
Thursday, February 29, 2024

PDAC Attendees Can Book a Flight Simulator Ticket Online and Compete to Win a Real-Life Aerial Tour of Toronto

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - February 29, 2024) - Micromine, the world leader in next-generation technology for mining, has released its newest feature within Micromine Origin software, Micromine Origin Grade Copilot .
  • Emphasizing the copilot concept, the company will host a fun state-of-the-art flight simulator at their PDAC booth (#601), March 3-6.
  • Micromine Origin Grade Copilot harnesses the power of neural network modeling to autonomously create robust models and estimates.
  • PDAC attendees are encouraged to visit Micromine at Booth #601 to see the revolutionary Micromine Origin Grade Copilot in action for themselves.