Flux

Flux Power Host Fourth Quarter and Full Fiscal Year 2022 Results Conference Call on Thursday, September 22, 2022 at 4:30 p.m. Eastern Time

Retrieved on: 
Thursday, September 8, 2022

Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets.

Key Points: 
  • Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets.
  • This release contains projections and other "forward-looking statements" relating to Flux Powers business, that are often identified using "believes," "expects" or similar expressions.
  • Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc.
  • Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

Flux Power Announces Record New Purchase Orders of $64 Million in Fiscal Year 2022

Retrieved on: 
Tuesday, September 6, 2022

While not an exact measure, we estimate that purchase orders indicate future revenue potential from new customers in fiscal year 2022 was 26% of revenue, with the remaining 74% from repeat customers.

Key Points: 
  • While not an exact measure, we estimate that purchase orders indicate future revenue potential from new customers in fiscal year 2022 was 26% of revenue, with the remaining 74% from repeat customers.
  • Our strategy reflects a relationship, not transactional, business with our customers that provides ongoing new purchase needs and service requirements.
  • Ron Dutt, Flux Power Chief Executive Officer, commented, We believe new purchase orders in our fiscal year 2022 are a strong indicator of our potential to reach $70 million in annual revenue run rate in the near term.
  • Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

VMware Tanzu® Supercharges Portfolio to Help Customers Build, Run, and Manage Cloud-Native Apps

Retrieved on: 
Tuesday, August 30, 2022

Whether our customers are starting from the data center with existing apps or new apps built in the cloud, VMware Tanzu meets them where they are so they can get their apps to production faster.

Key Points: 
  • Whether our customers are starting from the data center with existing apps or new apps built in the cloud, VMware Tanzu meets them where they are so they can get their apps to production faster.
  • At VMware Explore 2022, VMware is announcing updates to key components in Tanzu for Kubernetes Operations - VMware Tanzu Mission Control, VMware Aria Operations for Apps (formerly VMware Tanzu Observability by Wavefront), and VMware Tanzu Kubernetes Grid - to simplify Kubernetes delivery, management, and reliability.
  • Integration with VMware Aria Automation: Tanzu Mission Control is now integrated with VMware Aria Automation, formerly known as VMware vRealize Automation Cloud , to help customers consolidate their Infrastructure as a Service (IaaS) and Kubernetes platform operations.
  • VMware, Tanzu, Explore, vSphere, VMware Aria, vRealize, and VMware Anywhere Workspace are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions.

Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding

Retrieved on: 
Wednesday, July 20, 2022

Founded in 2021, Bluejay Finance aims to build an avenue for investors to have more stablecoin solutions centered around currencies other than USD in the DeFi space.

Key Points: 
  • Founded in 2021, Bluejay Finance aims to build an avenue for investors to have more stablecoin solutions centered around currencies other than USD in the DeFi space.
  • In doing so, this will allow investors to have a more inclusive, locally-familiar medium of exchange that limits foreign exchange risk and exchange fees.
  • Therefore, Bluejay remains focused on building products and partnerships that will enable these sustainable use cases of stablecoins and bring in the next billion users into DeFi, says Sherry Jiang, founder of Bluejay Finance.
  • Bluejay is positioned to address this need, which will only continue to grow as DeFi matures.

GitOps Becomes Standard Operating Model for Hyperscale Enterprise Automation as Weaveworks Doubles Revenue

Retrieved on: 
Wednesday, July 20, 2022

“Enterprises want to embrace hybrid and multi-cloud strategies involving a mix of legacy applications and databases -- not just greenfield -- and to explore new tools like serverless application platforms. GitOps as a methodology is the gold standard to accomplish this, delivering manageability, reliability and security. The next step is to apply GitOps best practices beyond Kubernetes. I predict GitOps will become the standard operating model for hyperscale enterprise automation across the full technology stack,” concluded Richardson.

Key Points: 
  • Weaveworks , the GitOps company, today announced it has doubled its enterprise revenue in less than a year.
  • With GitOps, we are now able to simplify and automate the complexity of disruptive tools including Kubernetes.
  • GitOps as a methodology is the gold standard to accomplish this, delivering manageability, reliability and security.
  • I predict GitOps will become the standard operating model for hyperscale enterprise automation across the full technology stack, concluded Richardson.

Solder Materials Market worth $4.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, July 15, 2022

Rising demand of consumer electronics is key growth driver in solder materials market.

Key Points: 
  • Rising demand of consumer electronics is key growth driver in solder materials market.
  • View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/solder-materials-market...
    Lead-free segment to dominate the solder materials market in terms of value during the forecast period.
  • Based on end-use industry, the solder materials market is segmented into consumer electronics, automotive, industrial, building, and others.
  • The study includes an in-depth competitive analysis of these key players in the solder materials market, with their company profiles, and key market strategies.

Solder Materials Market worth $4.9 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, July 15, 2022

Rising demand of consumer electronics is key growth driver in solder materials market.

Key Points: 
  • Rising demand of consumer electronics is key growth driver in solder materials market.
  • View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/solder-materials-market...
    Lead-free segment to dominate the solder materials market in terms of value during the forecast period.
  • Based on end-use industry, the solder materials market is segmented into consumer electronics, automotive, industrial, building, and others.
  • The study includes an in-depth competitive analysis of these key players in the solder materials market, with their company profiles, and key market strategies.

Flux Power to Host Investor Tours at its Lithium-Ion Battery Pack Manufacturing Facility in Vista, California on Tuesday, August 2, 2022

Retrieved on: 
Thursday, July 7, 2022

Immediately following the presentation and Q&A session, attendees will have the opportunity to tour the facility and join senior management for lunch.

Key Points: 
  • Immediately following the presentation and Q&A session, attendees will have the opportunity to tour the facility and join senior management for lunch.
  • C48 Battery Pack : In response to recent improvements in technology and engineering design, Flux Power has developed the C48 for AGVs and AMRs.
  • This design was improved to make the battery easier to service as well as lower the total cost of ownership for customers.
  • Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners.

Web 3.0 Stocks: Spearheading Internet Evolution

Retrieved on: 
Wednesday, June 22, 2022

PALM BEACH, Fla., June 22, 2022 /PRNewswire/ -- The next crucial stage in the evolution of the world wide web is the emergence of web 3.0. This is an exciting development for tech users around the globe, as well as the companies that are working hard to be at the forefront of this new frontier. This article discusses web 3.0 with reference to Meta Platforms (NASDAQ: FB), Twitter (NYSE: TWTR), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD) and WonderFi Technologies (OTCPK: WONDF).

Key Points: 
  • PALM BEACH, Fla., June 22, 2022 /PRNewswire/ -- The next crucial stage in the evolution of the world wide web is the emergence of web 3.0.
  • With this in mind, it's no wonder some onlookers are getting so excited about web 3.0 businesses.
  • These DeFi apps, or dapps for short, could play a huge part in the emergence of web 3.0.
  • Fellow chipmaker Advanced Micro Devices (NASDAQ: AMD) is also looking to keep up with the latest developments in web evolution.

Web 3.0 Stocks: Spearheading Internet Evolution

Retrieved on: 
Wednesday, June 22, 2022

PALM BEACH, Fla., June 22, 2022 /PRNewswire/ -- The next crucial stage in the evolution of the world wide web is the emergence of web 3.0. This is an exciting development for tech users around the globe, as well as the companies that are working hard to be at the forefront of this new frontier. This article discusses web 3.0 with reference to Meta Platforms (NASDAQ: FB), Twitter (NYSE: TWTR), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD) and WonderFi Technologies (OTCPK: WONDF).

Key Points: 
  • PALM BEACH, Fla., June 22, 2022 /PRNewswire/ -- The next crucial stage in the evolution of the world wide web is the emergence of web 3.0.
  • With this in mind, it's no wonder some onlookers are getting so excited about web 3.0 businesses.
  • These DeFi apps, or dapps for short, could play a huge part in the emergence of web 3.0.
  • Fellow chipmaker Advanced Micro Devices (NASDAQ: AMD) is also looking to keep up with the latest developments in web evolution.