Area studies

Slone Partners Enhances its Footprint in Private Equity, Healthcare, and Nonprofit Sector Executive Search

Retrieved on: 
Thursday, January 18, 2024

SOUTH RIDING, Va., Jan. 18, 2024 /PRNewswire-PRWeb/ -- Slone Partners, a nationwide executive search firm for life sciences, healthcare, and cybersecurity organizations, is expanding its footprint in the private equity, healthcare, and nonprofit executive search markets with the promotion of two senior leaders.

Key Points: 
  • SOUTH RIDING, Va., Jan. 18, 2024 /PRNewswire-PRWeb/ -- Slone Partners , a nationwide executive search firm for life sciences, healthcare, and cybersecurity organizations, is expanding its footprint in the private equity, healthcare, and nonprofit executive search markets with the promotion of two senior leaders.
  • "I see a tremendous opportunity for Slone Partners to further broaden its scope in the healthcare, nonprofit and social impact, and private equity sectors," said Leslie Loveless, Slone Partners CEO and Managing Partner.
  • The promotions reflect Slone Partners' commitment to deepening its relationships with companies, organizations, and leaders in these important sectors.
  • "I see a tremendous opportunity for Slone Partners to further broaden its scope in the healthcare, nonprofit and social impact, and private equity sectors," said Leslie Loveless , Slone Partners CEO and Managing Partner.

Instil Bio Announces Strategic Update

Retrieved on: 
Tuesday, January 16, 2024

DALLAS, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Instil Bio, Inc. (“Instil” or the “Company”) (NASDAQ: TIL), a clinical-stage biopharmaceutical company focused on developing tumor infiltrating lymphocyte, or TIL, therapies for the treatment of patients with cancer, today announced a strategic update.

Key Points: 
  • DALLAS, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Instil Bio, Inc. (“Instil” or the “Company”) (NASDAQ: TIL), a clinical-stage biopharmaceutical company focused on developing tumor infiltrating lymphocyte, or TIL, therapies for the treatment of patients with cancer, today announced a strategic update.
  • Instil has entered into an agreement with a collaborator that has a successful track record of manufacturing and dosing patients with cell therapies to conduct preclinical manufacturing feasibility studies in the ITIL-306 program.
  • In the event the IIT generates compelling proof-of-concept clinical data in 2024, Instil may explore options for a potential transition of ITIL-306 to a US-based CDMO for manufacturing and clinical development primarily at US clinical trial sites.
  • Instil plans to retain key process development, research, and related personnel to advance early-stage pipeline development of CoStAR™ and other novel TIL technologies, and to support the company’s collaboration.

First Quantum Minerals Announces 2023 Preliminary Production, 2024-2026 Guidance and Balance Sheet Initiatives

Retrieved on: 
Monday, January 15, 2024

Total capital expenditure for the S3 Expansion project remains unchanged at $1.25 billion, with approximately $215 million spent to date.

Key Points: 
  • Total capital expenditure for the S3 Expansion project remains unchanged at $1.25 billion, with approximately $215 million spent to date.
  • The S3 Expansion includes the development and construction of the S3 process plant circuit and mining fleet acquisitions.
  • This reflects a halt in capital spend at Cobre Panama and proactive initiatives to offset capital inflation in the Zambian business.
  • Financing activity: The Company is taking a proactive approach to managing its balance sheet and the refinancing of its near-term debt maturities.

Heliogen and Omanor Forge Collaboration for Solar Energy Expansion in Mexico

Retrieved on: 
Tuesday, January 16, 2024

Heliogen and Omanor are progressing through the first of four phases, which evaluates an existing zoned and permitted piece of land in Sonora, Mexico to host the first project.

Key Points: 
  • Heliogen and Omanor are progressing through the first of four phases, which evaluates an existing zoned and permitted piece of land in Sonora, Mexico to host the first project.
  • Omanor will support Heliogen in preliminary site due diligence and identifying and securing initial commercial energy customers.
  • “Our collaboration with Heliogen is a pivotal step in leveraging Mexico's unique geographical advantages for renewable energy,” said Daniel Suarez, CEO of Omanor.
  • “The synergy between recent renewable energy accelerating federal policies and Heliogen's breakthrough concentrating solar technology promises to transform our rich solar landscapes into powerful, sustainable energy hubs.

L2 Capital Makes Strategic Investment in the Market Leading Franchise Consulting and Digital Marketing Platform

Retrieved on: 
Monday, January 15, 2024

iFranchise is the market leader in franchise consulting and has been ranked as the #1 franchise consulting and development service provider in Entrepreneur magazine’s annual Top Franchise Suppliers rankings for the past five years.

Key Points: 
  • iFranchise is the market leader in franchise consulting and has been ranked as the #1 franchise consulting and development service provider in Entrepreneur magazine’s annual Top Franchise Suppliers rankings for the past five years.
  • iFranchise provides strategic consulting services to emerging and established franchise concepts.
  • TopFire Media is a leading, full-service digital marketing and public relations firm that primarily serves the franchising industry.
  • iFranchise is recognized as the market leader, providing its client with deep, industry specific consulting services that include franchise strategic planning, feasibility studies, operations training and documentation, implementation consulting and coaching, franchise marketing and sales, and best practices audits.

Rigetti Computing Awarded Innovate UK Grant to Develop Quantum Machine Learning Techniques for Financial Data Streams

Retrieved on: 
Thursday, January 11, 2024

LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition.

Key Points: 
  • LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition.
  • The consortium aims to use quantum computing to improve current classical machine learning techniques used by financial institutions to analyze complex data streams.
  • Classical machine learning techniques used to assist and provide insights to these services have limitations as these data streams are, in general, complex.
  • Combining quantum computing with classical machine learning methodology could offer more powerful resources for processing these data streams, given the potential for quantum computers to process some types of information more efficiently than with classical resources alone.

BrainsWay Initiates Clinical Evaluation of Rotational Field “Deep TMS 360°™” Technology

Retrieved on: 
Wednesday, January 10, 2024

The studies both involve BrainsWay’s exclusive, patented “Rotational Field” TMS (or “Deep TMS 360°™”), which employs a method of stimulation that enables activation of a greater number of neurons in the brain.

Key Points: 
  • The studies both involve BrainsWay’s exclusive, patented “Rotational Field” TMS (or “Deep TMS 360°™”), which employs a method of stimulation that enables activation of a greater number of neurons in the brain.
  • With the new Rotational Field system now being evaluated, two orthogonal TMS coils are placed perpendicular to each other and are operated with a time lag in order to induce a circularly rotating electric field.
  • The Company now aims to assess the potential clinical impact of this technology on patients in two newly launched feasibility studies.
  • “We believe that our Rotational Field technology holds significant potential to change the current TMS paradigm.

Renowned UCLA Business School Professor, Olav Sorenson, Tapped to Launch and Chair the Academic Advisory Board for Breakout Learning

Retrieved on: 
Tuesday, January 9, 2024

In addition to recruiting top academics to author the case studies, Sorenson will lead the board’s entrepreneurship practice.

Key Points: 
  • In addition to recruiting top academics to author the case studies, Sorenson will lead the board’s entrepreneurship practice.
  • More than 2,000 students used the platform in the fall of 2023 at top business schools, including the NYU Stern School of Business, the Carroll School of Management at Boston College and the UCLA Anderson School of Management.
  • More than 90% of these students reported that they prefer the Breakout Learning case-study method compared to traditional case studies.
  • To date, authors have been recruited from Yale School of Management, the Wharton School of the University of Pennsylvania, Dartmouth College’s Tuck School of Business and the NYU Stern School of Business.

AITX Inks Bank MSA & Receives a 6 Unit ROSA Expansion Order Through its Subsidiary Robotic Assistance Devices

Retrieved on: 
Tuesday, January 9, 2024

This expansion order follows the successful pilot-to-full deployment trajectory, reflecting the security services industry’s growing confidence in RAD’s technology.

Key Points: 
  • This expansion order follows the successful pilot-to-full deployment trajectory, reflecting the security services industry’s growing confidence in RAD’s technology.
  • Additional details regarding the pilot program can be found in a press release dated May 8, 2023: AITX’s Subsidiary, Robotic Assistance Devices, Receives ROSA Order from Regional Bank Group .
  • "This client expansion represents a significant achievement for RAD," commented Steve Reinharz, who serves as both the CEO of AITX and RAD.
  • AITX, through its subsidiary, Robotic Assistance Devices , Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model.

US Consumer Technology Sales Expected to Resume Growth in 2024, Reports Circana

Retrieved on: 
Tuesday, January 9, 2024

Initial results indicate that 2023 dollar sales will end 10% below the prior year, marking the second year of revenue contraction.

Key Points: 
  • Initial results indicate that 2023 dollar sales will end 10% below the prior year, marking the second year of revenue contraction.
  • “Upgrade cycles for pandemic-driven purchases will ramp up in late 2024 for key large-dollar categories like computers, creating growth opportunity.”
    The computer category will account for almost half of the $1.7 billion consumer technology industry growth expected in 2024.
  • “New products can help to reignite demand and give consumers fresh reasons to spend on consumer technology products.
  • This year, innovations in computing, virtual reality and home automation will contribute to the industry’s recovery,” said Ben Arnold, executive director and consumer technology industry analyst for Circana .