VSE

EQS-News: Marinomed Biotech AG evaluates strategic options for Carragelose portfolio

Retrieved on: 
Wednesday, December 20, 2023
Patient, Intellectual property, CSO, CFO, VSE, Q&A, MDR, EIB, CET, Growth, Security (finance)

Korneuburg, Austria, 18 December 2023 – Marinomed Biotech AG (VSE:MARI) considers strategic options for its Carragelose business and has mandated an external advisor.

Key Points: 
  • Korneuburg, Austria, 18 December 2023 – Marinomed Biotech AG (VSE:MARI) considers strategic options for its Carragelose business and has mandated an external advisor.
  • A structured process was initiated, in which Marinomed and the advisor will start engaging with potential partners.
  • This initiative meets an attractive market environment for those assets that comply with the new EU medical device regulation (MDR).
  • Carragelose is a unique, patent-protected, broadly active virus-blocking compound and is currently used in a marketed product portfolio for the prophylaxis and treatment of viral respiratory infections.

VSE NET Upgrades Customer-Experience Capabilities With Hansen

Retrieved on: 
Tuesday, November 14, 2023
Telecommunications, Software, Networks, Internet, Payments, Data Management, Technology, Mobile, Wireless, ASX, VSE, ERP, IPTV, CSP, HSN, Communication, Cryptocurrency, Mobile phone

Under the terms of this agreement, VSE NET will upgrade to the latest version of Hansen CCB .

Key Points: 
  • Under the terms of this agreement, VSE NET will upgrade to the latest version of Hansen CCB .
  • As a result of this upgrade, VSE NET will experience the best that Hansen CCB has to offer, receiving enhanced customer care, billing and product-management capabilities, as well as improved accounting and provisioning processes.
  • A part of the Hansen Suite for Communications, Technology & Media , Hansen CCB provides flexible rating, billing and customer care for CSPs.
  • Marc Kahabka, Chief Executive Officer at VSE NET, commented: “Going back to 2001, our relationship with Hansen is one that now spans over two decades.

VSE Aviation Awarded $750 Million in New Distribution Agreements

Retrieved on: 
Monday, November 13, 2023
Other Transport, Trucking, Maritime, Air, Engineering, Transport, Automotive Manufacturing, Aerospace, Manufacturing, Logistics, Supply Chain Management, Foot, Aviation, Pratt & Whitney, MRO, Acquisition, Investment, Honeywell, EMEAI, Pratt & Whitney Canada, VSE, Honeywell JetWave, VSEC, OEM, Partnership, Atmosphere, Aircraft, VSE Corporation, Original equipment manufacturer, Center of excellence, Airline

VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for air and land transportation assets for commercial and government markets, announced today that its VSE Aviation segment has been awarded 6 new distribution agreements with several manufacturers for a combined value of approximately $750 million over the term of these agreements.

Key Points: 
  • VSE Corporation (NASDAQ: VSEC, "VSE", or the "Company"), a leading provider of aftermarket distribution and maintenance, repair and overhaul ("MRO") services for air and land transportation assets for commercial and government markets, announced today that its VSE Aviation segment has been awarded 6 new distribution agreements with several manufacturers for a combined value of approximately $750 million over the term of these agreements.
  • VSE Aviation also announced today plans to open a 45,000 square foot distribution facility in Hamburg, Germany.
  • This investment positions VSE Aviation to expand the global coverage and support for its commercial and business and general aviation distribution aftermarket product lines, including the tire, tube, and battery product lines associated with the Desser Aerospace acquisition.
  • This agreement represents an expansion of the previously awarded distribution agreement covering fuselage-mounted antenna systems, which was awarded to VSE Aviation in October 2022.

Valence Surface Technologies Appoints Edward Dolanski to its Board of Directors

Retrieved on: 
Tuesday, December 5, 2023
Aircraft, Raytheon Technologies, Hawker Beechcraft, Organization, AGC Aerospace & Defense, Fortune 500, Government, Industrial, Hawker, Information technology, VSE, MD Helicopters, Aerospace, Customer support, VST, Risk management, Management, Airline, Defense, Boeing, Avial (band)

EL SEGUNDO, Calif., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.

Key Points: 
  • Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.
  • EL SEGUNDO, Calif., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Valence Surface Technologies (VST), a leading provider of aerospace & defense surface treatments, is proud to announce the appointment of Edward (Ed) Dolanski to its Board of Directors.
  • Mr. Dolanski is a seasoned leader with a proven track record of success in the aerospace & defense industry.
  • He has an extensive background in aerospace & defense operations, business development, and corporate strategy and is widely recognized for his contributions to the industry.

EQS-News: Marinomed Biotech AG resumes Nice & Green Convertible Notes Funding Program with reduced volume

Retrieved on: 
Tuesday, October 17, 2023
Nice, Convertible, MDR, Environment, Medical device regulation, VSE, CFO, Negotiation, Security (finance)

Korneuburg, Austria, October 17, 2023 – Marinomed Biotech AG (VSE:MARI) has taken steps to further increase the flexibility of its corporate financing.

Key Points: 
  • Korneuburg, Austria, October 17, 2023 – Marinomed Biotech AG (VSE:MARI) has taken steps to further increase the flexibility of its corporate financing.
  • Marinomed has agreed on an adjustment of the Convertible Notes Funding Program running since October 2021 (initial maturity September 2023) and its extension until October 2024 with the Swiss investment company Nice & Green S.A.
  • So far, 50% of the original program volume of €5.4 million in convertible bonds have been issued and converted into ordinary shares of Marinomed.
  • Pascal Schmidt, CFO of Marinomed, comments: “I am pleased that the cooperation with Nice & Green remains constructive and flexible.

VSE Announces License Agreement with Honeywell and Increases 2023 Aviation Segment Guidance

Retrieved on: 
Wednesday, October 4, 2023
Other Transport, Other Manufacturing, Trucking, Air, Transport, Aerospace, Manufacturing, Machinery, Logistics, Supply Chain Management, Maintenance, Pratt & Whitney, Honeywell, Partnership, Atmosphere, Aviation, Fleet, VSE Corporation, History, Rolls-Royce, PT-6, EBITDA, Engineering, VSE, Growth, WC, VSEC, OEM, Adjustment, MRO, Airline

Under the terms of the agreement, VSE Aviation acquired certain contracts, equipment, and inventory from Honeywell and will utilize the acquired assets and the license to exclusively manufacture, manage aftermarket distribution, and repair more than 340 unique Honeywell fuel control systems.

Key Points: 
  • Under the terms of the agreement, VSE Aviation acquired certain contracts, equipment, and inventory from Honeywell and will utilize the acquired assets and the license to exclusively manufacture, manage aftermarket distribution, and repair more than 340 unique Honeywell fuel control systems.
  • VSE Aviation will support three in-production engine platforms manufactured by Rolls Royce and Pratt & Whitney Canada (P&WC), including P&WC PT-6 engine variants.
  • “VSE Aviation has a long history of supporting Honeywell fuel control systems and subcomponents as both a distributor and MRO service provider.
  • “We are incredibly excited to secure this licensing agreement with Honeywell because it enables VSE to help extend the life of several marquee engine platforms,” stated Ben Thomas, President of VSE Aviation.

Massachusetts Council on Gaming and Health Wins the 2023 American Gambling Awards Responsible Gaming Award

Retrieved on: 
Thursday, September 28, 2023
Casino, Gaming, Entertainment, Online, GAMB, Gambling, Acquisition, VSE, Massachusetts Governor's Council, Health

In collaboration with the Massachusetts Gaming Commission, the MACGH created and operates a Voluntary Self-Exclusion program (VSE) -- the first of its kind in North America. Such programs limit or block access to gambling services for individuals who have volunteered to be excluded and have proven to be very effective at reducing gambling related harm. The MACGH conducted an online advertising campaign to raise awareness about their VSE program. This proactive outreach, combined with multilingual support in over 18 languages, shows clear leadership from MACGH.

Key Points: 
  • The American Gambling Awards is pleased to announce the Massachusetts Council on Gaming and Health (MACGH) has won the 2023 “Responsible Gaming Award.” The American Gambling Awards is produced by Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Group”), a leading provider of player acquisition services for the regulated global online gambling industry.
  • In collaboration with the Massachusetts Gaming Commission, the MACGH created and operates a Voluntary Self-Exclusion program (VSE) -- the first of its kind in North America.
  • "This recognition from the American Gambling Awards and Gambling.com Group motivates us to continue developing innovative, responsible gaming initiatives," said MACGH Chief Executive Officer Marlene Warner.
  • For more information about the American Gambling Awards, including a full list of winners, please visit the awards website: www.gambling.com/us/awards .

VSE Corporation Announces Mutual Agreement to Terminate the Sale of the VSE Federal and Defense Segment to Bernhard Capital Partners

Retrieved on: 
Wednesday, September 27, 2023
Other Defense, Contracts, Automotive Manufacturing, Aerospace, Manufacturing, Government Technology, Defense, Trucking, Rail, Maritime, Fleet Management, Air, Transport, Automotive, Logistics, Supply Chain Management, Engineering, Maintenance, Atmosphere, Aviation, VSE Corporation, Federal, BCP, Sale, Federal Civil Defense Authority, VSE, VSEC, MRO, Airline

The parties mutually agreed to terminate the agreement.

Key Points: 
  • The parties mutually agreed to terminate the agreement.
  • No party will be required to pay any termination fee as a result of the mutual decision to terminate the agreement, and the parties will each bear their respective costs and expenses.
  • The VSE Federal and Defense segment will remain in discontinued operations as the assets are held for sale.
  • We look forward to sharing new business updates and our third quarter results in the coming weeks," Mr. Cuomo concluded.

VSE Corporation Announces 2023 Investor Day Event in New York City

Retrieved on: 
Tuesday, September 19, 2023
Automotive Manufacturing, Aerospace, Trucking, Government Technology, Fleet Management, Manufacturing, Rail, Defense, Air, Aftermarket, Transport, Automotive, Other Defense, Contracts, Logistics, Supply Chain Management, Other Manufacturing, Other Automotive, Engineering, Webcast, Maintenance, VSEC, VSE Corporation, Nasdaq MarketSite, Q&A, Atmosphere, MRO, VSE, Cryptocurrency

VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air and land transportation assets, announced today that it will host its 2023 investor conference at the Nasdaq MarketSite in New York City on Tuesday, November 14, 2023, at 9:00 am ET.

Key Points: 
  • VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air and land transportation assets, announced today that it will host its 2023 investor conference at the Nasdaq MarketSite in New York City on Tuesday, November 14, 2023, at 9:00 am ET.
  • The event will feature presentations and a Q&A session with the VSE leadership team.
  • After registering, participants will receive a confirmation email with the meeting details.
  • For more information about this event, please contact VSE’s Investor Relations at [email protected] .

VSE Corporation Announces September 2023 Investor Conference Schedule

Retrieved on: 
Tuesday, September 5, 2023
Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, Maintenance, VSEC, VSE Corporation, VSE, Conference, MRO, Atmosphere, Cryptocurrency

John Cuomo, President and CEO of VSE Corporation and Steve Griffin, Chief Financial Officer of VSE Corporation, are scheduled to participate in a fireside chat at 4:00 PM Eastern Time.

Key Points: 
  • John Cuomo, President and CEO of VSE Corporation and Steve Griffin, Chief Financial Officer of VSE Corporation, are scheduled to participate in a fireside chat at 4:00 PM Eastern Time.
  • John Cuomo, President and CEO of VSE Corporation and Steve Griffin, Chief Financial Officer of VSE Corporation, are scheduled to host a breakout session at 10:55 AM Pacific Time.
  • Steve Griffin, Chief Financial Officer of VSE Corporation, is scheduled to present at 3:00 PM Eastern Time.
  • For more information about these events or to schedule a one-on-one meeting with VSE’s senior management, please contact VSE’s Investor Relations at [email protected] .