NRE

Arduino Hardware Now Driving Commercial Innovation in More Than 30,000 Businesses

Retrieved on: 
Friday, September 29, 2023
Technology, Mobile, Wireless, Other Technology, Software, Networks, Hardware, Electronic Design Automation, IOT (Internet of Things), Data Management, Industrial internet of things, Partnership, Allied Motion Technologies, Internet of things, Original equipment manufacturer, Amazon Web Services, UL, Kearney (consulting firm), Yoy, Growth, NRE, AWS, News, DMC, Automation, Sales, Video game, Arduino

Arduino , an open-source hardware pioneer with 32 million active developers worldwide, today announced its hardware is now integrated into more than 30,000 businesses globally.

Key Points: 
  • Arduino , an open-source hardware pioneer with 32 million active developers worldwide, today announced its hardware is now integrated into more than 30,000 businesses globally.
  • These new partners are helping to fuel growth for professional service companies integrating Arduino technology in commercial projects for enterprise clients.
  • The program has proven successful for both Arduino and its partners, particularly in industrial automation, condition monitoring, predictive maintenance, IoT and smart agriculture.
  • “Component distributors also are discovering a growing revenue sector unlocked by industrial automation controls.”
    The 30,000 businesses now using Arduino provide another example of the growing demand for Arduino PRO hardware and software technology in enterprise IIoT applications.

AIIB, PT PLN and PT SMI Collaborate to Support Energy Transition in Indonesia

Retrieved on: 
Friday, September 29, 2023
AIIB, Private sector, Partnership, Electricity, SMI, PT, GHG, Government, PLN, Ministry, Republic, Climate change, Capacity building, Asian Infrastructure Investment Bank, Annual general meeting, NRE, Environment, Renewable energy

Responding the need for renewable energy necessitates support and cooperation in providing adequate resources.

Key Points: 
  • Responding the need for renewable energy necessitates support and cooperation in providing adequate resources.
  • As a result, PLN is going to keep maintaining the relationship with diverse stakeholders with the goal to realize the energy transition from conventional to new, renewable, and sustainable energy.
  • Jin Liqun believes that this collaboration will push Indonesia to become a leader in the region's energy transition from fossil-based to new renewable energy.
  • Furthermore, following the signature of the partnership agreement, AIIB, PLN, and SMI will investigate potential for project preparation, knowledge exchange, capacity building, and technical assistance in the sphere of energy transition.

Alphawave IP Group plc Interim Results for the Six Months Ended 30 June 2023

Retrieved on: 
Monday, September 25, 2023
Technology, Semiconductor, 5G, Telecommunications, Nanotechnology, Networks, Hardware, Electronic Design Automation, Data Management, Optimism, FCCR, Capital market, PCI Express, IP, EBITDA, Report, Acquisition, Webcast, Growth, Silicon, AI, R, NRE, BST, Management, Clothing, Cable television, Beauty salon, Cryptocurrency

In H1 2023 we delivered a good set of results, scaling our business and investing organically to support our pipeline and future revenue growth.

Key Points: 
  • In H1 2023 we delivered a good set of results, scaling our business and investing organically to support our pipeline and future revenue growth.
  • Long-term waiver obtained from lenders covering the period to 30 June 2024
    Cash and cash equivalents of US$122.8m.
  • To register for the webcast:
    After registering, you will receive a confirmation email with information about joining the webcast.
  • The Company's H1 2023 Report is also available to view in the Investor Relations section of the Company’s website ( Results, Reports & Presentations (awaveip.com) ).

Arduino and DMC Announce System Integrator Partnership to Bring Open Technology to Manufacturing Automation and Embedded Applications

Retrieved on: 
Friday, September 15, 2023
Software, Mobile, Wireless, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Apps, Applications, Technology, Semiconductor, Engineering, Manufacturing, Industrial internet of things, Partnership, Senior, Internet of things, Multimedia, Amazon Web Services, Organization, Platinum Partners, Niclas Adler, NRE, OEM, DMC, Automation, Arduino

The partnership unlocks the ability to provide end-to-end commercial solutions, solving advanced automation and product development challenges for enterprise customers deploying Arduino PRO products.

Key Points: 
  • The partnership unlocks the ability to provide end-to-end commercial solutions, solving advanced automation and product development challenges for enterprise customers deploying Arduino PRO products.
  • View the full release here: https://www.businesswire.com/news/home/20230915531839/en/
    DMC joins Arduino’s ecosystem as a Platinum Partner, part of the Arduino System Integrators Partnership Program .
  • The program is designed to fuel growth for professional service companies integrating Arduino technology in commercial projects for enterprise clients.
  • Arduino and DMC will jointly establish a higher standard for what enterprises can anticipate from open technology."

Innoviz Reiterates Value Proposition in Open Letter to Shareholders

Retrieved on: 
Wednesday, August 16, 2023
Radio Beta RFI, Tier 1, Volkswagen Group China, Original equipment manufacturer, MRM, RFQ, Lidar, RFQ beam cooler, Track record, SOP, TEL, BMW, Growth, Entrepreneurship, NRE, Volkswagen Group, OEM, Letter, Flywheel, Management, Auction, Airline

TEL AVIV, Israel, Aug. 16, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today issued an open letter to its shareholders following its recently-completed underwritten public offering of ordinary shares, in which Co-Founder and CEO Omer Keilaf highlights the Company's strong operational execution and recent customer wins.

Key Points: 
  • Innoviz is currently participating in over five active RFQ sourcing processes, all with major automotive OEMs.
  • We believe we are in a once-in-a-lifetime market share capture window for the automotive LiDAR industry.
  • Winner Takes Most Market: At Innoviz, we believe the automotive LiDAR industry is ultimately going to be a winner-takes-most market.
  • When combined, these factors point to a strong backdrop for Innoviz in the programs that we are actively competing on.

POET Technologies Reports Second Quarter 2023 Financial Results

Retrieved on: 
Friday, August 11, 2023
Exercise, POET, TSX Venture Exchange, CXL, OSFP, File, Marketing, Die (integrated circuit), F-3, AGM, Research, EDGAR, Sale, PTK, ATM, Zenith Contract Services, Financial statement, TMX Group, Engineering, Infinity, SEDAR, SPX, Form, Average cost, Special, Depreciation, Growth, Programmable interrupt controller, NRE, News, Capital Group Companies, Cryptocurrency, Security (finance), Beauty salon

TORONTO, Aug. 11, 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 consolidated financial results for the second quarter ended June 30, 2023.

Key Points: 
  • TORONTO, Aug. 11, 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 consolidated financial results for the second quarter ended June 30, 2023.
  • The Company had non-cash finance costs of $11,000 in the second quarter of 2023 compared to non-cash finance costs of $13,000 in the second quarter of 2022 and non-cash finance costs of $11,000 in the first quarter of 2023.
  • The Company’s share of loss was approximately 80.7% of the loss of SPX in the second quarter of 2023, 88.5% in the second quarter of 2022 and 80.7% in the first quarter of 2023.
  • Cash flow from operating activities in the second quarter of 2023 was ($4.0) million, compared to ($3.4) million in the second quarter of 2022 and ($4.4) million in the first quarter of 2023.

REI Mentor Throws Celebration in Honor of Hitting 10K Community Members

Retrieved on: 
Friday, August 11, 2023
REI, NRE, Food, Student, Entrepreneurship, A&E, Education, Television, Nightclub, PHOENIX

PHOENIX, Aug. 11, 2023 /PRNewswire/ -- Pace Morby, co-star of popular A&E television show, 'Triple Digit Flip', and founder of real estate investing course, 'SubTo', celebrates hitting 10,000 members with an exclusive party designed for his community members. This event is scheduled to take place on Friday, August 11th in Phoenix, Arizona. 

Key Points: 
  • REI expert, Pace Morby, hosts an event for community members to celebrate the growing success of his mentorship program.
  • PHOENIX, Aug. 11, 2023 /PRNewswire/ -- Pace Morby, co-star of popular A&E television show, 'Triple Digit Flip', and founder of real estate investing course, 'SubTo', celebrates hitting 10,000 members with an exclusive party designed for his community members.
  • Set in Pace's home state of Arizona, the celebration is scheduled to take place on Friday, August 11th.
  • Members are in for an immersive afternoon planned alongside Pace himself, and fellow enthusiastic SubTo community members.

Cyngn Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023
EDT, Advertising, NRE, Investment, Conference, Marketing, Video game

MENLO PARK, Calif., Aug. 9, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the fiscal second quarter ended June 30, 2023.

Key Points: 
  • Second Quarter ending June 30, 2023:
    Second quarter revenue was $0.6 million compared to no revenues in the second quarter of 2022.
  • Net loss for the second quarter was $6.4 million compared to $4.6 million in the corresponding quarter of 2022.
  • Second quarter 2023 net loss per share was $0.19, based on a weighted average of approximately 33.8 million basic and diluted shares outstanding in the quarter.
  • Conference Call and Webcast Information:
    Cyngn will host a conference call at 1.30 p.m. PDT/4.30 p.m. EDT today (Wednesday, August 9, 2023), during which management will discuss the results of the fiscal second quarter ended June 30, 2023.

Aqua Metals Completes Industry-First Pilot Plant, Advances Commerical-Scale Operations, Strengthens Balance Sheet During Second Quarter of 2023

Retrieved on: 
Wednesday, August 9, 2023
Partnership, Metal, Holocene, Recycling, Sale, Nickel, NRE, Copper, Research, Cobalt, Lithium, Rare-earth element, Mobile phone, Cryptocurrency

The Company is now recovering the full suite of valuable metals, including lithium hydroxide, nickel, cobalt, copper, and manganese dioxide, and scaling pilot operations to full capacity.

Key Points: 
  • The Company is now recovering the full suite of valuable metals, including lithium hydroxide, nickel, cobalt, copper, and manganese dioxide, and scaling pilot operations to full capacity.
  • “Our rapid progression from piloting our technology to commercialization is accelerating,” commented Steve Cotton, President and Chief Executive Officer of Aqua Metals.
  • The Company was not in commercial-scale production during the first half of 2023 and, as a result, generated no revenue during the second quarter.
  • For the second quarter 2023, the Company had an operating loss of $4.9 million, compared to an operating loss of $4 million for the second quarter of 2022.

CEVA, Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, August 9, 2023
Wi-Fi 6, Internet of things, Eastern Time Zone, Hillcrest Labs, CEVA, UWB, Tax, GAAP, NB, IP, SOC, Bluetooth, RAN, Personal computer, Acquisition, Investment, Webcast, NRE, ADAS, AI, Video game, Bank

ROCKVILLE, Md., Aug. 9, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • ROCKVILLE, Md., Aug. 9, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced its financial results for the second quarter ended June 30, 2023.
  • Total revenue for the second quarter of 2023 was $26.2 million, a 21% decrease compared to $33.2 million reported for the second quarter of 2022.
  • Royalty revenue for the second quarter of 2023 was $9.4 million, a decrease of 15% when compared to $11.1 million reported for the second quarter of 2022, but up 17% sequentially.
  • Non-GAAP operating loss for the second quarter of 2023 was $1.1 million, as compared to Non-GAAP operating profit of $4.6 million reported for the second quarter of 2022.