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New DIFI Working Group to Tackle Interoperability Challenges Threatening Flat-Panel Antennas’ Future

Retrieved on: 
Tuesday, February 27, 2024

PISCATAWAY, N.J., Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Digital Intermediate Frequency Interoperability Consortium (DIFI) has established a new working group to focus on a fast-emerging challenge to advancements in ground segment technology.

Key Points: 
  • PISCATAWAY, N.J., Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Digital Intermediate Frequency Interoperability Consortium (DIFI) has established a new working group to focus on a fast-emerging challenge to advancements in ground segment technology.
  • Supporting these flexible antenna systems will drive demand for digital-based ground systems for signal routing and processing.
  • “It’s the Wild West out there as far as flat-panel technology is concerned,” said DIFI Chairman Stuart Daughtridge.
  • Jeremy Turpin of ALL.SPACE, a prominent innovator in ESAs, has agreed to chair a new working group, ESA Specifications, to develop the standards.

Third Pole Therapeutics Announces Successful Completion of Feasibility Study with eNOfit™ Portable Inhaled Nitric Oxide Delivery System

Retrieved on: 
Tuesday, February 27, 2024

This study evaluated eNOfit™, a miniaturized, portable inhaled nitric oxide (iNO) generator and delivery system for the ambulatory treatment of patients suffering from pulmonary hypertension (PH) associated with Interstitial Lung Disease (ILD).

Key Points: 
  • This study evaluated eNOfit™, a miniaturized, portable inhaled nitric oxide (iNO) generator and delivery system for the ambulatory treatment of patients suffering from pulmonary hypertension (PH) associated with Interstitial Lung Disease (ILD).
  • “The successful completion of our EFS which validated the safe and practical use of our eNOfit™ system, enables us to confidently move into larger randomized placebo-controlled safety and efficacy studies.
  • Importantly, this value creating milestone will trigger the final funding of Third Pole’s Series B investment round.” said Bill Athenson, CEO of Third Pole.
  • Inhaled nitric oxide relaxes smooth muscle within the pulmonary vasculature, increasing the diameter of pulmonary arteries and decreasing their resistance to blood flow.

CVR Energy Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Dividend of 50 Cents Per Share

Retrieved on: 
Tuesday, February 20, 2024

Declared quarterly cash dividend of 50 cents for the fourth quarter 2023, bringing the cumulative cash dividends declared for 2023 to $4.50 per share.

Key Points: 
  • Declared quarterly cash dividend of 50 cents for the fourth quarter 2023, bringing the cumulative cash dividends declared for 2023 to $4.50 per share.
  • Fourth quarter 2023 EBITDA was $204 million, compared to fourth quarter 2022 EBITDA of $313 million.
  • Adjusted EBITDA for the fourth quarter of 2023 was $170 million, compared to adjusted EBITDA of $388 million in the fourth quarter of 2022.
  • CVR Energy announced a fourth quarter 2023 cash dividend of 50 cents per share.

CVR Partners Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Distribution of $1.68

Retrieved on: 
Tuesday, February 20, 2024

Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.

Key Points: 
  • Declared a fourth quarter 2023 cash distribution of $1.68 per common unit, bringing the cumulative cash distributions declared for 2023 to $17.80 per common unit.
  • EBITDA was $38 million for the fourth quarter of 2023, compared to EBITDA of $122 million for the fourth quarter of 2022.
  • CVR Partners announced that the Board declared a fourth quarter 2023 cash distribution of $1.68 per common unit, which will be paid on March 11, 2024, to common unitholders of record as of March 4, 2024.
  • CVR Partners previously announced that it will host its fourth quarter and full-year 2023 Earnings Conference Call on Wednesday, February 21, at 11 a.m. Eastern.

IntelGenx Launches Preferred Share Regulation A Offering

Retrieved on: 
Tuesday, February 20, 2024

SAINT LAURENT, Quebec, Feb. 20, 2024 (GLOBE NEWSWIRE) -- IntelGenx Corp. (TSX:IGX) (OTCQB:IGXT) (the "Company" or "IntelGenx") today announced the launch of a Regulation A offering of up to 2,000,000 shares of Series A Convertible Cumulative Preferred Stock (“Series A Preferred Stock”), par value $0.00001 per share, at an offering price of $10.00 per share (the “Offering”), for a maximum Offering amount of $20,000,000.

Key Points: 
  • SAINT LAURENT, Quebec, Feb. 20, 2024 (GLOBE NEWSWIRE) -- IntelGenx Corp. (TSX:IGX) (OTCQB:IGXT) (the "Company" or "IntelGenx") today announced the launch of a Regulation A offering of up to 2,000,000 shares of Series A Convertible Cumulative Preferred Stock (“Series A Preferred Stock”), par value $0.00001 per share, at an offering price of $10.00 per share (the “Offering”), for a maximum Offering amount of $20,000,000.
  • Holders of the Series A Preferred Stock will be entitled to receive cumulative dividends in the amount of $0.20 per share each quarter, or 8% per year.
  • An Offering Statement on Form 1-A, as amended (the “Offering Statement”), relating to these securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and has been qualified.
  • A copy of the Preliminary Offering Circular that forms a part of the Offering Statement is available on the Company’s EDGAR profile at www.sec.gov/edgar .

FANHUA Announces Supplementary Agreement to Strategic Framework Agreement with White Group and Board Changes

Retrieved on: 
Tuesday, February 20, 2024

GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announces the signing of the first supplementary agreement with Singapore White Group Pte.

Key Points: 
  • GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- FANHUA Inc. (“FANHUA” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announces the signing of the first supplementary agreement with Singapore White Group Pte.
  • Ltd. (“White Group”) to the framework strategic agreement previously disclosed on February 2, 2024.
  • White Group and its partnerships will invest up to US$500 million in FANHUA.
  • Mr. Peh Chin Hua, Chairman of FANHUA said, “I am glad to join FANHUA as the Chairman of the Board.

New ScyllaDB Release Achieves 50% Higher Throughput, 33% Lower Latency

Retrieved on: 
Tuesday, February 20, 2024

SUNNYVALE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ScyllaDB, the database for predictable performance at scale, today announced its latest release, ScyllaDB Enterprise 2024.1.0.

Key Points: 
  • SUNNYVALE, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) -- ScyllaDB, the database for predictable performance at scale, today announced its latest release, ScyllaDB Enterprise 2024.1.0.
  • The new release introduces significant performance improvements: up to 50% higher throughput, 35% greater efficiency, and 33% lower latency than the previous enterprise release.
  • In benchmarks, ScyllaDB 2024.1 achieved more than 1.5X higher throughput compared to 2023.1.
  • Additionally, tests achieved 33% lower latency (both mean and P99), even with the higher throughput.

CN and CPKC Push Toward Work Stoppage, Neglect Serious Negotiation Efforts, Say Teamsters

Retrieved on: 
Monday, February 19, 2024

CN and CPKC are currently in negotiations with the Teamsters to renew three collective agreements affecting approximately 9300 workers at both companies.

Key Points: 
  • CN and CPKC are currently in negotiations with the Teamsters to renew three collective agreements affecting approximately 9300 workers at both companies.
  • “CN and CPKC aim to eliminate all safety-critical rest provisions from our collective agreements.
  • We want to reach a negotiated settlement, but their demands are non-starters for the Teamsters.
  • At CPKC, the Teamsters represent close to 3200 conductors, locomotive engineers, and yard workers under a single contract.

At MWC, InterDigital to Showcase Innovation Empowering Connected Experiences ‘At Work, At Rest, and At Play’

Retrieved on: 
Monday, February 19, 2024

“InterDigital innovation creates value through the tools we create and through the experiences they enable,” said Rajesh Pankaj, EVP and CTO at InterDigital.

Key Points: 
  • “InterDigital innovation creates value through the tools we create and through the experiences they enable,” said Rajesh Pankaj, EVP and CTO at InterDigital.
  • InterDigital is a long-time contributor to MPEG Immersive Standards, including Scene Description, V3C codecs alongside partner Philips, and newer haptics codecs to enable seamless, immersive experiences.
  • Elsewhere at MWC, InterDigital will lead stage presentations and showcase at partner booths to further amplify the impact of our research and innovation.
  • At the Keysight booth located at Hall 5 Stand 5E12, InterDigital and Keysight will together showcase a 144 GHz testbed utilizing an AI-enabled air interface.

CARBIOS rallies players to promote textile circularity sector in the presence of M. Bruno Le Maire, Minister of Economy, Finance and Industrial and Digital Sovereignty

Retrieved on: 
Monday, February 19, 2024

In the presence of industry players, local representatives, partners, and investors, through his visit, the Minister showed his support for CARBIOS and the creation of a textile recycling industry.

Key Points: 
  • In the presence of industry players, local representatives, partners, and investors, through his visit, the Minister showed his support for CARBIOS and the creation of a textile recycling industry.
  • The construction of France's first enzymatic PET biorecycling plant by CARBIOS marks a major step towards a circular economy for plastic and textiles.
  • CARBIOS has developed a technology for recycling PET by enzymatic depolymerization that can be applied to polyester textiles.
  • The industrial demonstrator co-financed by the EIB, with its own patented textile preparation line inaugurated in October 2023 , will incorporate prepared textile waste into the CARBIOS process for large-scale recycling.