NRE

BioHarvest Sciences Signs First Contracts with Two Industrial Customers to Develop Complex Molecules via Its Newly Launched Botanical Synthesis CDMO Business Unit

Retrieved on: 
Monday, February 26, 2024

The new business unit allows pharmaceutical, cosmeceutical, nutraceutical and nutrition industry leaders the opportunity to partner with BioHarvest to utilize its Botanical Synthesis Process technology through a typical CDMO contracting model.

Key Points: 
  • The new business unit allows pharmaceutical, cosmeceutical, nutraceutical and nutrition industry leaders the opportunity to partner with BioHarvest to utilize its Botanical Synthesis Process technology through a typical CDMO contracting model.
  • This proprietary process technology enables the development and manufacturing of patentable plant based small molecules, complex molecules, and unique compositions which include both small and complex molecules.
  • As a result of these advantages, the Company has decided to call these unique plant-derived complex molecules BIOLOGICS+.
  • The CDMO business offers the Botanical Synthesis process technology in 3 major steps to its customers.

Alchip Technologies Sets 2023 Financial Records

Retrieved on: 
Friday, March 8, 2024

Taipei, Taiwan, March 08, 2024 (GLOBE NEWSWIRE) -- Alchip Technologies 2023 financial performance set records for the sixth straight year.

Key Points: 
  • Taipei, Taiwan, March 08, 2024 (GLOBE NEWSWIRE) -- Alchip Technologies 2023 financial performance set records for the sixth straight year.
  • FY 2023 net income reached $106.6 million a 73.3% increase over FY 2022 net income of $61.5 million.
  • At the same time, Alchip reported its fourth quarter 2023 financial results.
  • Fourth quarter 2023 revenue was $291.1 million, a 96.3% year-on-year increase over fourth quarter 2022 revenue of $148.3 million.

Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Wednesday, March 6, 2024

Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.

Key Points: 
  • Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.
  • Total costs and expenses in the fourth quarter were $5.4 million, down from $6.0 million in the fourth quarter of 2022.
  • Net loss for the fourth quarter was $(5.4) million compared to $(5.5) million in the corresponding quarter of 2022.
  • Fourth quarter 2023 net loss per share was $(0.12), based on basic and diluted weighted average shares outstanding of approximately 46.0 million in the quarter.

Innoviz Reports Fourth Quarter and Full Year 2023 Results, Exceeding Revenue Guidance

Retrieved on: 
Wednesday, February 28, 2024

"I am pleased with our strong finish to 2023, delivering revenues that were above the high end of both our quarterly and annual guidance range," said Innoviz CEO, Omer Keilaf.

Key Points: 
  • "I am pleased with our strong finish to 2023, delivering revenues that were above the high end of both our quarterly and annual guidance range," said Innoviz CEO, Omer Keilaf.
  • Innoviz views Mobileye as a strong partner and hopes to find additional opportunities to work with them on new platforms.
  • The Company is establishing initial targets for Q1 2024 and FY 2024:
    After initially guiding 2023 revenue targets too cautiously, Innoviz is shifting to quarterly revenue targets.
  • Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.

Nelnet Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

The AGM operating segment reported net interest income of $35.6 million during the fourth quarter of 2023, compared with $58.5 million for the same period a year ago.

Key Points: 
  • The AGM operating segment reported net interest income of $35.6 million during the fourth quarter of 2023, compared with $58.5 million for the same period a year ago.
  • The average balance of loans outstanding decreased from $14.8 billion for the fourth quarter of 2022 to $12.5 billion for the same period in 2023.
  • AGM recognized a provision for loan losses in the fourth quarter of 2023 of $8.3 million ($6.3 million after tax), compared with $27.4 million ($20.8 million after tax) in the fourth quarter of 2022.
  • The company acquired $196.4 million in loans in the fourth quarter of 2023, compared with $926.3 million for the same period in 2022.

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - Introduction of Large AI Models into Vehicles has Become a Main Trend

Retrieved on: 
Thursday, February 15, 2024

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • In terms of business forms, software providers are now engaged in custom software development and design, technical services, software licensing/authorization and system integration.
  • The introduction of large AI models into vehicles has become a main trend this year.
  • Moreover as the application of large AI models in vehicles speeds up, suppliers also create the foundation model pre-integrated supply mode.

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024

The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • A newly published research report delves into the intricate landscape of automotive software business models and supplier strategies, highlighting the significant developments and tactical shifts occurring within this fast-evolving sector.
  • The industry report serves as a vital touchstone for stakeholders in the automotive arena, providing comprehensive insights into current practices and forward-looking trends shaping the automotive software business.
  • Adaptive business models positioned for future profitability, as the focus shifts from vehicle sales to application software and service enhancements.

Cognata Demonstrates Advanced Automated Parking Assist HIL Solution at CES 2024

Retrieved on: 
Thursday, January 4, 2024

REHOVOT, Israel, Jan. 4, 2024 /PRNewswire/ -- Cognata LTD proudly announced it will demonstrate its hardware automated parking assistance (APA) technology concept and architecture at CES 2024. SimCloud, Cognata's cutting-edge high-precision AI simulation platform, incorporates omnidirectional fisheye camera capabilities in its system which overlaps four different cameras for complete coverage and increased safety. The demonstration at CES will include Xylon logiRECORDER Automotive HIL Video Logger which is powered by a reference architecture built around AMD Zynq Ultrascale+ MPSoCs.

Key Points: 
  • REHOVOT, Israel, Jan. 4, 2024 /PRNewswire/ -- Cognata LTD proudly announced it will demonstrate its hardware automated parking assistance (APA) technology concept and architecture at CES 2024.
  • The demonstration at CES will include Xylon logiRECORDER Automotive HIL Video Logger which is powered by a reference architecture built around AMD Zynq Ultrascale+ MPSoCs.
  • Cognata's Real-Time Multi-Sensor simulation solution offers a sophisticated platform for testing advanced driver assistance systems (ADAS) and autonomous vehicles (AV).
  • AMD's automated parking assistance technology uses a combination of sensors and cameras to detect the surrounding environment and calculate the best parking path.

Pertamina NRE presents Indonesia's EV ecosystem at COP28

Retrieved on: 
Wednesday, December 6, 2023

Dannif Danusaputro, President Director of Pertamina New Renewable Energy (NRE), a subsidiary of the state-owned oil and gas company, conveyed their commitment to developing the EV ecosystem.

Key Points: 
  • Dannif Danusaputro, President Director of Pertamina New Renewable Energy (NRE), a subsidiary of the state-owned oil and gas company, conveyed their commitment to developing the EV ecosystem.
  • In November 2023, Pertamina NRE partnered with PT VKTR Mobility Technology Tbk to initiate sustainable mobility solutions.
  • Infrastructure and connectivity will facilitate supply chain distribution, accelerating the realization of the EV ecosystem.
  • Pertamina NRE's support for the EV ecosystem aligns with President Joko Widodo's directive to expedite public transportation electrification, as stipulated in Presidential Regulation No.

POET Technologies Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.
  • On November 6, 2023, the Company provided a financial update that included preliminary, unaudited financial data in advance of this press release.
  • The Company’s share of loss is approximately 78.4% of the loss of SPX in the third quarter of 2023, 86.3% in the third quarter of 2022 and 80.7% in the second quarter of 2023.
  • Cash flow from operating activities in the third quarter of 2023 was ($4.1) million, compared to ($2.5) million in the third quarter of 2022 and ($4.0) million in the second quarter of 2023.