LSE

Alphawave Semi Partners with Keysight to Deliver Industry Leading Expertise and Interoperability for a Complete PCIe 6.0 Subsystem Solution

Retrieved on: 
Thursday, December 14, 2023

Alphawave Semi, already on the PCI-SIG 5.0 Integrators list, is accelerating next-generation PCIe 6.0 Compliance Testing through this collaboration.

Key Points: 
  • Alphawave Semi, already on the PCI-SIG 5.0 Integrators list, is accelerating next-generation PCIe 6.0 Compliance Testing through this collaboration.
  • View the full release here: https://www.businesswire.com/news/home/20231214947029/en/
    Alphawave Semi and Keysight Collaboration - PCIe 6.0 64GT/s Interoperability (Graphic: Alphawave Semi)
    Alphawave Semi’s leading-edge silicon implementation of the new PCIe 6.0 64 GT/s Flow Control Unit (FLIT)-based protocol enables higher data rates for hyperscale and data infrastructure applications.
  • Keysight and Alphawave Semi achieved another milestone by successfully establishing a CXL 2.0 link setting the stage for future cache coherency in the datacenter.
  • The Alphawave Semi PCIe subsystem is an extremely power-efficient, low-latency, and highly reliable interface IP, having been built off the industry’s most successful PAM4 SerDes IP.

AM Best Revises Issuer Credit Rating Outlook to Stable for Lancashire Holdings Limited and Its Subsidiaries; Affirms Credit Ratings

Retrieved on: 
Wednesday, December 13, 2023

Additionally, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb+” (Good) of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE].

Key Points: 
  • Additionally, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb+” (Good) of the parent company, Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE].
  • The Credit Ratings (ratings) reflect Lancashire’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

KBRA Assigns Rating to Alpha International Life Assurance Company (Guernsey) Ltd.

Retrieved on: 
Tuesday, December 12, 2023

KBRA assigns a BBB- Insurance Financial Strength Rating (IFSR) to Alpha International Life Assurance Company (Guernsey) Ltd. (AILAC).

Key Points: 
  • KBRA assigns a BBB- Insurance Financial Strength Rating (IFSR) to Alpha International Life Assurance Company (Guernsey) Ltd. (AILAC).
  • Through its insurance holding company, Alpha Group (Bermuda) Ltd., the company was acquired in 2022 by Alpha Growth plc (ALGW: LSE) to further support the group’s insurance linked asset management business.
  • The rating reflects AILAC’s fee-based business model with minimal balance sheet risk, experienced management team and adequate ERM framework.
  • Execution above the business plan submitted to KBRA and establishment of distribution channels could result in a positive rating action.

Eutelsat OneWeb signs multi-million dollar exclusive distribution agreement with Rawafed Libya to deliver connectivity services across Libya.

Retrieved on: 
Wednesday, December 13, 2023

Eutelsat Group (Paris:ETL) (LSE:ETL), the world’s first GEO-LEO satellite operator, has today announced the signing of an exclusive distribution partnership agreement between Eutelsat OneWeb, its connectivity business unit and Rawafed Libya for Telecommunications & Technology (RLTT), the Libyan telecoms operator, for the delivery of high-speed, low latency connectivity across Libya.

Key Points: 
  • Eutelsat Group (Paris:ETL) (LSE:ETL), the world’s first GEO-LEO satellite operator, has today announced the signing of an exclusive distribution partnership agreement between Eutelsat OneWeb, its connectivity business unit and Rawafed Libya for Telecommunications & Technology (RLTT), the Libyan telecoms operator, for the delivery of high-speed, low latency connectivity across Libya.
  • RLTT is expanding its relationship with Eutelsat Group to include a hybrid bundle of both enhanced GEO and LEO services, in this new landmark agreement.
  • Eutelsat OneWeb will provide exclusive access to its Low Earth Orbit (LEO) powered connectivity constellation, delivering full connectivity over Libya from early 2024.
  • The multi-million-dollar, multi-year contract further cements the existing long-standing relationship between Eutelsat Group and RLTT.

Lifezone Metals Announces Joint Venture with Glencore to Recycle Platinum, Palladium and Rhodium in the USA

Retrieved on: 
Wednesday, December 13, 2023

Lifezone Metals Limited (NYSE: LZM) is a modern metals company that creates value across the battery metals supply chain from resource to metals production and recycling.

Key Points: 
  • Lifezone Metals Limited (NYSE: LZM) is a modern metals company that creates value across the battery metals supply chain from resource to metals production and recycling.
  • Lifezone Metals’ Chief Executive Officer Chris Showalter is pleased to announce the signing of a term sheet with a subsidiary of Glencore plc (LSE: GLEN) for a platinum, palladium and rhodium (collectively platinum group metals or “PGMs”) recycling project utilizing Lifezone Metals’ hydrometallurgical technology (“Hydromet”) to be based in the USA.
  • Lifezone Metals has commenced a confirmatory program of pilot test work at Lifezone Metals’ laboratories in Perth, Australia.
  • Following successful completion of Phase 1, Lifezone Metals and Glencore will jointly fund the initial capital expenditures required to construct a commercial-scale PGM recycling facility.

Ferguson Share Repurchase Program - Weekly Report - Replacement

Retrieved on: 
Friday, December 8, 2023

The issuer advises that the following replaces the Ferguson plc Ferguson Share Repurchase Program - Weekly Report announcement released at 6:45 a.m. ET/11:45 a.m. GMT December 6, 2023.

Key Points: 
  • The issuer advises that the following replaces the Ferguson plc Ferguson Share Repurchase Program - Weekly Report announcement released at 6:45 a.m. ET/11:45 a.m. GMT December 6, 2023.
  • This is necessitated by an administrative error in the regulatory announcement which incorrectly referenced the period of the purchases as June 19, 2023 up to and including June 23, 2023.
  • This announcement now contains the period of the purchases as November 27, 2023, up to and including December 1, 2023.
  • Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces that it purchased a total of 41,908 of its ordinary shares in the period from November 27, 2023, up to and including December 1, 2023, in connection with its $3.0 billion share repurchase program.

PureTech Presents Data from Phase 1 Trial of LYT-200 Targeting Galectin-9 in Solid Tumors at the ESMO Immuno-Oncology Congress 2023

Retrieved on: 
Thursday, December 7, 2023

LYT-200 is an anti-galectin-9 antibody being evaluated as a monotherapy and in combination with tislelizumab, an anti-PD-1 antibody developed by BeiGene, in metastatic solid tumors, including urothelial and head and neck cancers.

Key Points: 
  • LYT-200 is an anti-galectin-9 antibody being evaluated as a monotherapy and in combination with tislelizumab, an anti-PD-1 antibody developed by BeiGene, in metastatic solid tumors, including urothelial and head and neck cancers.
  • LYT-200 is also in development for the treatment of hematological malignancies, such as acute myeloid leukemia.
  • The monotherapy arm of the trial has been completed, and the clinically relevant dose was selected for the Phase 2 portion of the trial.
  • The poster titled “Phase 1/2 Trial of Galectin-9 Antibody LYT-200 +/- Tislelizumab” will be presented today at The ESMO Immuno-Oncology Congress 2023, which is taking place in Geneva, Switzerland.

Spirent and Anritsu Deliver Comprehensive Automotive Test Solutions

Retrieved on: 
Wednesday, December 6, 2023

Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced a strategic partnership with Anritsu to enable the automotive industry to more efficiently meet the unique testing requirements presented by cellular vehicle-to-everything (C-V2X) and autonomous driving technologies.

Key Points: 
  • Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced a strategic partnership with Anritsu to enable the automotive industry to more efficiently meet the unique testing requirements presented by cellular vehicle-to-everything (C-V2X) and autonomous driving technologies.
  • The collaboration establishes a complete C-V2X and automotive 5G testing portfolio with a unified framework that delivers unparalleled versatility and adaptability to verify designs incorporating autonomous driving technologies.
  • “Embarking on this journey with Anritsu, we aim to drive new standards in the world of automotive and connected vehicle testing by offering customers a single source for the most powerful arsenal of test solutions to help them tackle the challenges of the rapidly evolving autonomous driving world,” said Aniket Khosla, VP of Cloud and IP Product Management at Spirent.
  • The Spirent C-V2X solution supports:
    Conformance, functional and performance testing for C-V2X on a single hardware platform.

Leading Financial Services Organization Selects Spirent for Test Lab Automation and Modernization

Retrieved on: 
Wednesday, November 29, 2023

Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced it has signed an agreement with a leading financial services organization to modernize and automate its global network of test laboratories.

Key Points: 
  • Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced it has signed an agreement with a leading financial services organization to modernize and automate its global network of test laboratories.
  • With Spirent’s test automation solution and services, this time is reduced to a matter of hours, with productivity gains expected to exceed upwards of 75%.
  • Spirent recently added to its Velocity Automation Portfolio with the acquisition of the Test Lab Automation business of NETSCOUT SYSTEMS, Inc., adding physical layer switching capabilities, critical to configuration and connectivity in automated labs.
  • By fully automating a test lab with Spirent solutions, organizations can test devices, applications, and services faster and around the clock in a continuous integration/continuous delivery/continuous testing (CI/CD/CT) model from anywhere in the world.

PureTech Founded Entity Karuna Therapeutics Announces U.S. Food and Drug Administration Accepts New Drug Application for KarXT for the Treatment of Schizophrenia

Retrieved on: 
Wednesday, November 29, 2023

The application has been granted a Prescription Drug User Fee Act (PDUFA) date of September 26, 2024.

Key Points: 
  • The application has been granted a Prescription Drug User Fee Act (PDUFA) date of September 26, 2024.
  • The NDA submission is supported by efficacy and long-term safety data from the EMERGENT program, the clinical program evaluating KarXT as a treatment for schizophrenia.
  • PureTech is a founder of Karuna and co-inventor of the KarXT program.
  • If approved, KarXT will be the third therapeutic candidate to be taken from inception at PureTech to FDA regulatory approval.