ARPA

Daré Bioscience Reports Full Year 2023 Financial Results and Provides Company Update

Retrieved on: 
Thursday, March 28, 2024

SAN DIEGO, March 28, 2024 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health innovation, today reported financial results for the year ended December 31, 2023 and provided a company update.

Key Points: 
  • In addition, we are excited about the increased attention that women’s health has received more broadly,” said Sabrina Martucci Johnson, President and CEO of Daré Bioscience.
  • In December 2023, Daré announced positive topline results from the Phase 1 study evaluating the pharmacokinetics (PK), safety, and exploratory efficacy of DARE-PDM1.
  • Financial Highlights for the Year Ended December 31, 2023 and 2024 Projections
    Cash and cash equivalents: $10.5 million at December 31, 2023.
  • Daré will host a conference call and live webcast today, March 28, 2024, at 4:30 p.m. Eastern Time to review financial results for the year ended December 31, 2023 and to provide a company update.

Zuora SEI Report: Flexible, Recurring Monetization Models Drive 3.4x Faster Growth Rates Than the S&P 500 Over the Past 12 Years

Retrieved on: 
Tuesday, April 9, 2024

In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.

Key Points: 
  • In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.
  • By aligning and evolving their monetization models with customer demand, they pursued innovative approaches beyond traditional subscriptions, including hybrid and flexible bundling strategies.
  • While growth rates slowed in the SaaS sector, churn is down and consumption-based models are continuing to demonstrate promising revenue growth: The SEI SaaS sector experienced a 10.1% revenue growth rate on average.
  • While the New Media subset experienced a faster revenue growth rate (12%) than Publishing Media (5.6%), Publishing Media grew ARPA year-over-year (YoY), while New Media ARPA growth slowed.

Leafly Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

The increases were largely driven by the roll-out of new rate cards early in Q3 2023 and churn of lower ARPA accounts.

Key Points: 
  • The increases were largely driven by the roll-out of new rate cards early in Q3 2023 and churn of lower ARPA accounts.
  • Leafly bolstered its collections efforts, and strategically focused on removing underperforming and non-paying retailers to build a healthier, more durable customer-base.
  • As a result, the audit opinion in the Company’s 2023 financial statements included in the Company’s 2023 Annual Report on Form 10-K will include a going concern qualification.
  • For more information regarding the non-GAAP financial measures discussed in this communication, please see “Non-GAAP Financial Measures” below.

SecondWave Systems Announces Professor Paul Peter Tak as New Advisory Board Member and Secures $3M Additional Financing to Accelerate Development of Novel Ultrasound-Based Anti-Inflammatory Therapy

Retrieved on: 
Wednesday, March 27, 2024

SecondWave Systems, Inc. , a pioneer in the emerging field of bio-ultrasonic medicine, welcomes Professor Paul Peter Tak as the inaugural member of its newly established advisory board.

Key Points: 
  • SecondWave Systems, Inc. , a pioneer in the emerging field of bio-ultrasonic medicine, welcomes Professor Paul Peter Tak as the inaugural member of its newly established advisory board.
  • This new funding enables further advancement of the MINI technology platform for implementation in a pivotal clinical trial for at-home treatment of RA.
  • “Despite advances in treatment, there is still a significant unmet need for better treatments for chronic inflammatory diseases, like RA”, said Dr. Tak.
  • “One area of unmet need is for therapies that specifically target the cholinergic anti-inflammatory pathway, a natural mechanism in the body that helps control inflammation.

Lumos Breaks Ground in Spartanburg, Initiating Construction in Upstate South Carolina of Its High-Speed, 100% Fiber Optic Network

Retrieved on: 
Wednesday, March 20, 2024

Lumos, a leading 100% Fiber Optic Internet service provider in the Mid-Atlantic, broke ground yesterday in Spartanburg, South Carolina, with the Spartanburg Area Chamber of Commerce, OneSpartanburg.

Key Points: 
  • Lumos, a leading 100% Fiber Optic Internet service provider in the Mid-Atlantic, broke ground yesterday in Spartanburg, South Carolina, with the Spartanburg Area Chamber of Commerce, OneSpartanburg.
  • With this expansion, thousands of homes and small businesses in Upstate S.C. will have access to Lumos' ultra-fast internet.
  • View the full release here: https://www.businesswire.com/news/home/20240320570973/en/
    Lumos broke ground yesterday in Spartanburg, South Carolina, with the Spartanburg Area Chamber of Commerce, OneSpartanburg.
  • Lumos is proactively working to help bridge the digital divide by expanding its 100% Fiber Optic network into unserved and underserved neighborhoods in South Carolina.

ARPA-E Awards Booz Allen $550M Contract to Support Energy Technology Innovation

Retrieved on: 
Tuesday, March 12, 2024

Booz Allen was instrumental in the stand up of ARPA-E in 2009 and has been a key mission partner since Day One.

Key Points: 
  • Booz Allen was instrumental in the stand up of ARPA-E in 2009 and has been a key mission partner since Day One.
  • Leveraging deep mission knowledge, Booz Allen will identify climate and energy challenges that would benefit from emerging technology, then work to build and support an ecosystem to innovate—including developing competitions to fuel innovation, like “Shark Tank”—followed by technical reviews and funding to make true impact.
  • More than 160 Booz Allen employees support the company’s ARPA-E work, bringing a whole-of-organization approach to the portfolio through its engineers, scientists, analysts, and project managers with capabilities including digital/IT transformation, project management, finance, and AI and machine learning (ML).
  • Work on the contract will take place in Washington, DC, at ARPA-E’s headquarters.

ECS Named Prime on $500M ARPA-H IDIQ

Retrieved on: 
Monday, March 11, 2024

ECS , a leader in advanced technology, science, and engineering solutions and an ASGN (NYSE: ASGN) brand, has been named a prime contractor on a five-year, $500M indefinite delivery/indefinite quality (IDIQ) contract from the Department of Health and Human Services (HHS) Advanced Research Projects Agency for Health (ARPA-H) .

Key Points: 
  • ECS , a leader in advanced technology, science, and engineering solutions and an ASGN (NYSE: ASGN) brand, has been named a prime contractor on a five-year, $500M indefinite delivery/indefinite quality (IDIQ) contract from the Department of Health and Human Services (HHS) Advanced Research Projects Agency for Health (ARPA-H) .
  • Under the contract, ECS will support ARPA-H in managing pivotal investments in breakthrough technologies and broadly applicable platforms, capabilities, resources, and solutions.
  • It will also enable ARPA-H to leverage ECS services and solutions across their forward-facing mission offices and support offices.
  • First, we’ve served as a prime contractor with the Defense Advanced Research Projects Agency, which pioneered the federal “ARPA Model” used by ARPA-H today.

ARPA-E Announces Innovation Agreement Outlining Vision for the Future of Electrified Airports at Technology Expo Hosted in San Antonio

Retrieved on: 
Wednesday, April 3, 2024

SAN ANTONIO, April 3, 2024 /PRNewswire/ -- Today, the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E), the City of San Antonio Aviation Department and City Public Service Board (CPS Energy), and the University of Texas at San Antonio (UTSA) signed a Memorandum of Understanding (MOU) outlining collective efforts to develop and promote technologies that include, but are not limited to, sustainable aviation, battery technologies and innovative battery storage solutions, enhanced electric vehicle (EV) charging, and power demand management technologies.

Key Points: 
  • ARPA-E Director Evelyn Wang, San Antonio Mayor Ron Nirenberg, UTSA President Dr. Taylor Eighmy, and CPS Energy Vice President of Customer Value Karma Nilsson were all present for the signing hosted at Stinson Municipal Airport in San Antonio.
  • "We are excited at this opportunity to collaborate and showcase innovative energy technologies that could transform the future of aviation," said ARPA-E Director Evelyn N. Wang.
  • Our hope is that this partnership will lay the groundwork to enable future electrified airports."
  • "This is an important agreement with the potential to shape the aviation industry of the future," said San Antonio Mayor Ron Nirenberg.

Navajo Nation Awards $74 Million to ZenniHome to Fuel Expansion and Provide Sustainable Housing

Retrieved on: 
Tuesday, April 2, 2024

WINDOW ROCK, Ariz., April 2, 2024 /PRNewswire-PRWeb/ -- In a first-of-its-kind partnership, the Navajo Nation has awarded a total of $74 million in grants to ZenniHome, a producer of sustainable, affordable factory-made homes using high-quality materials.

Key Points: 
  • The grants include $50 million from the Navajo Nation's Community Housing and Infrastructure Department to provide a minimum of 250 ZenniHome units to high-need residents across the Navajo Nation.
  • A 2011 Navajo Nation Housing Report found that 90 percent of all Navajo Nation housing were in need of replacement or major repairs.
  • "ZenniHome is committed to addressing the housing crisis within the Navajo Nation head-on," said ZenniHome CEO and Founder Bob Worsley.
  • This first-of-its-kind public-private partnership between the Navajo Nation and ZenniHome underscores a mutual commitment to building a substantial new industry to export from the Navajo Nation.

LabCentral Joins ARPA-H Investor Catalyst Hub Spoke Network

Retrieved on: 
Monday, March 25, 2024

CAMBRIDGE, Mass., March 25, 2024 /PRNewswire/ -- LabCentral, the first-of-its-kind shared laboratory space designed as a launchpad for high-potential biotech startups, today announced that it is now a spoke for the Investor Catalyst Hub, a regional hub of ARPANET-H, a nationwide health innovation network launched by the Advanced Research Projects Agency for Health (ARPA-H). Based in the Greater Boston area and managed by VentureWell, the Investor Catalyst Hub seeks to accelerate the commercialization of groundbreaking and accessible biomedical solutions. It utilizes an innovative hub-and-spoke model designed to reach a wide range of nonprofit organizations and Minority-Serving Institutions, with the ultimate aim of delivering scalable healthcare outcomes for all Americans.

Key Points: 
  • Based in the Greater Boston area and managed by VentureWell , the Investor Catalyst Hub seeks to accelerate the commercialization of groundbreaking and accessible biomedical solutions.
  • "Our spoke network embodies a rich and representative range of perspectives and expertise," said Mark Marino, Vice President of Growth Strategy and Development for VentureWell and Project Director for the Investor Catalyst Hub.
  • As an Investor Catalyst Hub spoke, LabCentral gains access to potential funding and flexible contracting for faster award execution compared to traditional government contracts.
  • The spoke network will continue to grow as The Investor Catalyst Hub expands its efforts, with applications being selected on a rolling basis.