PIC

Burcon Receives Co-Investment from Protein Industries Canada to Scale-Up and Commercialize Hempseed and Sunflower Seed Protein

Retrieved on: 
Tuesday, March 12, 2024

In collaboration with HPS Food & Ingredients and Puratos Canada, Burcon will lead the commercialization efforts for its new-to-the-world high purity hempseed and sunflower seed protein ingredients.

Key Points: 
  • In collaboration with HPS Food & Ingredients and Puratos Canada, Burcon will lead the commercialization efforts for its new-to-the-world high purity hempseed and sunflower seed protein ingredients.
  • Burcon’s first-of-its-kind high purity hempseed and sunflower seed proteins can help solve these formulation challenges opening access to a multi-billion-dollar addressable market opportunity.
  • Increasing ingredient manufacturing can help diversify our agriculture sector and increase our productivity, creating new economic growth for Canada," Protein Industries Canada CEO Bill Greuel said.
  • "Together, Burcon, HPS and Puratos are developing a line of ingredients, food and beverage products that will do this, while also bringing new, diverse protein options to market."

IonQ Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced financial results for the quarter and full year ended December 31, 2023.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced financial results for the quarter and full year ended December 31, 2023.
  • “IonQ had a landmark year in 2023, meeting and exceeding our financial expectations, and accomplishing our technical goals early,” said Peter Chapman, President and CEO of IonQ.
  • IonQ achieved $6.7 million in new bookings for the fourth quarter and $65.1 million for the full year, above the high end of the full year financial outlook range.
  • IonQ will host a conference call today at 4:30 p.m. Eastern time to review the Company’s financial results for the fourth quarter and full year ended December 31, 2023 and to provide a business update.

Genus plc Reports Interim Results for the Six Months Ended 31 December 2023

Retrieved on: 
Thursday, February 22, 2024

Exceptional restructuring costs of £2.9m recognised through the FY24 H1 condensed income statement.

Key Points: 
  • Exceptional restructuring costs of £2.9m recognised through the FY24 H1 condensed income statement.
  • These APMs should be considered in addition to, and not as a substitute for or as superior to statutory measures.
  • Constant currency percentage movements are calculated by restating the results for the six months ended 31 December 2023 at the average exchange rates applied to adjusted operating profit for the year ended 30 June 2023.
  • Please see Note 1 on the notes to the condensed set of Financial Statements changes of reportable segments

Allegiant Partners with Berry Aviation to Enhance the Airline's Pilot Recruitment Pipeline

Retrieved on: 
Tuesday, February 20, 2024

"We see tremendous value in our pilot pathway programs and are excited to expand with Berry Aviation," said company President Gregory C. Anderson.

Key Points: 
  • "We see tremendous value in our pilot pathway programs and are excited to expand with Berry Aviation," said company President Gregory C. Anderson.
  • The partnership will help Allegiant enhance its pilot recruitment pipeline by creating a reliable pathway for experienced pilots to integrate seamlessly into the company's workforce.
  • "Allegiant is a very unique 121 that offers pilots a very unique career," said Stanley Finch, Berry Aviation's president.
  • Allegiant will provide programming and resources to support pilot development including training, mentorship opportunities and participation in Allegiant events.

Disposal of interests in Acacia Estates and Bora Africa to the group’s development subsidiary, Gateway Real Estate Africa

Retrieved on: 
Tuesday, January 30, 2024

Another part of the Grit 2.0 strategy is to organise the Group's real estate assets into logical sector groupings.

Key Points: 
  • Another part of the Grit 2.0 strategy is to organise the Group's real estate assets into logical sector groupings.
  • Bora Africa has a pipeline of predominantly development opportunities, which GSL does not currently have the capital to develop.
  • of the enlarged issued share capital in Bora Africa (the "Bora Subscription") for an aggregate subscription price of US$9,999 (the "Bora Subscription Price").
  • Following the Bora Investment, Bora Africa will use the proceeds to repay the GSL/Bora Loan in full.

GBT Intellectual Properties Portfolio Update

Retrieved on: 
Thursday, January 18, 2024

Tokenize granted patent for predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent

Key Points: 
  • Tokenize granted patent for predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent
    Tokenize granted patent for Photonic-based, 3D, multi-planar design architecture and manufacturing technologies for integrated circuits
    LOS ANGELES, Jan. 18, 2024 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK: GTCH ) ("GBT” or the “Company”), through its 50% subsidiary, GBT Tokenize Corp (“Tokenize”), is pleased to provide an update on its intellectual properties porfolio:
    Tokenize has filed a continuation patent for its microchip reliability verification and auto-correction technology, which has been assigned an internal name: Epsilon.
  • The continuation patent aims to broaden the technology's Artificial Technology (AI) capabilities to detect and auto-correct more complex reliability violations.
  • This will allow IC designers to analyze and fix circuits early during the design phase, with higher efficiency and in real time.
  • There is no guarantee that the Company or Tokenize will be successful in researching, developing or implementing the above systems.

Optical Transport Network Equipment Market size to increase by USD 5.54 billion during 2023-2028, Growing mobile data traffic to drive the growth - Technavio

Retrieved on: 
Wednesday, January 10, 2024

The Optical Transport Network Equipment Market is driven by the escalating mobile data traffic, emphasizing the necessity for robust infrastructure.

Key Points: 
  • The Optical Transport Network Equipment Market is driven by the escalating mobile data traffic, emphasizing the necessity for robust infrastructure.
  • The prevailing trend in the Optical Transport Network Equipment Market involves the fusion of AI and machine learning (ML) into optical transport network equipment, revolutionizing operations.
  • The divergence in Optical Transport Network (OTN) standards impacts Cloud-Optimized Optical Transport Network Systems and Optical Channel Networks (OCN).
  • This disparity affects Optical Transport Network Routers, Optical Transport Network Switches, and Optical Transport Network Gateways, impeding seamless integration with Optical Network Management Software and Network Management Systems (NMS).

PIC Group Renewed as Halifax County Biomass Plant Operator

Retrieved on: 
Wednesday, January 3, 2024

NOVEC Energy Production Halifax County Biomass, a South Boston Energy company, has renewed the Operation and Maintenance Agreement (O&M Agreement) with PIC Group for the Halifax County 49.9MW biomass power station through 2026.

Key Points: 
  • NOVEC Energy Production Halifax County Biomass, a South Boston Energy company, has renewed the Operation and Maintenance Agreement (O&M Agreement) with PIC Group for the Halifax County 49.9MW biomass power station through 2026.
  • Under the terms of the O&M Agreement, PIC Group will be fully responsible for day-to-day operation and maintenance services of the biomass power station, located in Halifax County, Virginia that uses wood waste as a feedstock to provide enough renewable energy to power the equivalent of 16,000 households.
  • “We are proud to be partnered with PIC Group.”
    “At PIC Group, we strive to assure the high-level performance of each power plant we manage,” said Frank Avery, President, and CEO at PIC Group.
  • “The renewal of our service agreement with NOVEC Energy Production Halifax County Biomass is evidence of our ongoing success.”
    Founded in 1988, PIC Group, Inc. is dedicated to delivering value by providing global energy services to facilities across four continents – North America, South America, Asia, and Africa.

Infinera Awarded California Competes Grant to Increase Domestic Production of Next-generation Semiconductors

Retrieved on: 
Tuesday, November 21, 2023

SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz).

Key Points: 
  • SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz).
  • This is a first step to expand and modernize Infinera’s U.S.-based domestic production of next-generation semiconductors and continue to support innovation and economic development in the United States in future years.
  • Fostering the domestic production of these critical and emerging technologies helps increase America’s economic and national security in semiconductor innovation, manufacturing, and supply chain resilience.
  • “We are grateful and honored to receive this grant award, which represents an important step in helping to boost America’s domestic production of semiconductor technologies,” said David Heard, Chief Executive Officer, Infinera.

Rockley Photonics Begins Sampling Bioptx™ Biosensing Band and Platform

Retrieved on: 
Tuesday, December 5, 2023

Rockley Photonics has announced the sampling of the complete Bioptx™ Biosensing Band and Platform to strategic customers and partners.

Key Points: 
  • Rockley Photonics has announced the sampling of the complete Bioptx™ Biosensing Band and Platform to strategic customers and partners.
  • View the full release here: https://www.businesswire.com/news/home/20231205543971/en/
    Rockley Photonics Bioptx™ Biosensing Band (Photo: Business Wire)
    The Bioptx™ Biosensing Band incorporates Rockley’s breakthrough short-wave infrared (SWIR) biosensing technology based on their proprietary photonic integrated circuit (PIC) chipset.
  • Combined with the recently released Rockley Developer API, the platform creates a seamless solution for real-time monitoring of vital physiologic parameters.
  • By creating a spectroscopy-based technique to indicate hydration status, Rockley Photonics is developing an innovative new capability to improve people’s health and wellbeing.”
    Dr. Andrew Rickman, CEO and Chairman, spoke regarding this significant product milestone.