Information Technology Management Reform Act of 1996

EnerSys Wins 50 Unit Order for its Fast Charge and Storage System

Retrieved on: 
Wednesday, November 8, 2023

The system, known as a Level 3 charger, provides over 150kW of power per pedestal with four pedestals per system.

Key Points: 
  • The system, known as a Level 3 charger, provides over 150kW of power per pedestal with four pedestals per system.
  • EnerSys is delivering the only system combining energy management with 1.2MWh of energy storage capacity and dynamic DC fast charging with parallel charging capabilities from a single pedestal.
  • “EnerSys’s energy management system combined with fast charge and storage technology is an example of our industry-leading innovation and our ability to deliver differentiated solutions which solve critical energy management challenges.
  • This order includes all components of EnerSys’s innovative end-to-end solution, consisting of a battery energy storage system, a power conversion system, dynamic DC fast charging pedestals, and software.

Canadian DB pension plans navigated Q2 2023 with steady returns, reveals RBC Investor Services analysis

Retrieved on: 
Monday, July 31, 2023

TORONTO, July 31, 2023 /CNW/ - RBC Investor Services (RBCIS) has unveiled its comprehensive analysis of the performance of Canadian DB pension plans within the All Plan Universe for the second quarter of 2023.

Key Points: 
  • TORONTO, July 31, 2023 /CNW/ - RBC Investor Services (RBCIS) has unveiled its comprehensive analysis of the performance of Canadian DB pension plans within the All Plan Universe for the second quarter of 2023.
  • According to the study, the plans demonstrated a modestly positive quarterly return of 0.8% overall and were ahead by 4.8% over the first half of 2023.
  • During the quarter, foreign equities emerged as the top performing asset class in the peer universe, boasting a median return of 2.9%.
  • Marijana Jovanovic, head of Product Transformation at RBCIS, commented: "The analysis underscores the intricacies of the Canadian pension landscape during Q2 2023, prompting investors to remain vigilant in navigating the uncertain waters that lie ahead.

Owlet Announces Fourth Quarter and Fiscal Year 2022 Results

Retrieved on: 
Wednesday, March 15, 2023

Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2022
    Revenues for the fourth quarter of 2022 were approximately $12 million.
  • Adjusted EBITDA loss was approximately $15.2 million in fourth quarter 2022, compared to $31.3 million for the fourth quarter of 2021.
  • Net loss per share was $0.17 for the fourth quarter of 2022, compared to $0.22 for the fourth quarter of 2021.

EnerSys Releases First Task Force on Climate Related Financial Disclosure (TCFD) Report, Advancing Its Commitment to Climate Action

Retrieved on: 
Wednesday, December 14, 2022

“The TCFD report is yet another example of how EnerSys prioritizes sustainability in all aspects of our business,” said President & CEO David M. Shaffer .

Key Points: 
  • “The TCFD report is yet another example of how EnerSys prioritizes sustainability in all aspects of our business,” said President & CEO David M. Shaffer .
  • Strategy – We are constantly evaluating physical and transition risks posed by climate change and how they could impact our business, operations and supply chain.
  • Risk Management - Our Risk Management Program is designed to identify risks across EnerSys with input from each business unit and function.
  • For a list of other factors which could affect EnerSys’ results, including earnings estimates, see EnerSys’ filings with the Securities and Exchange Commission, including “Item 7.

EnerSys Welcomes Tamara Morytko to its Board Of Directors

Retrieved on: 
Wednesday, December 7, 2022

READING, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has appointed Tamara Morytko, as a Class II director, effective immediately.

Key Points: 
  • READING, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has appointed Tamara Morytko, as a Class II director, effective immediately.
  • Ms. Morytko has also previously served as a member of the Board of Directors of Pioneer Energy Services from 2019 to 2020.
  • In addition, since 2019, Ms. Morytko has served on the Board of Directors of The Crosby Group, a KKR portfolio company.
  • Ms. Morytko’s appointment enhances the depth of the Board and continues our refreshment and succession planning initiatives at the Board level,” said Arthur T. Katsaros, Independent Non-Executive Chair of the Board of EnerSys.

Intevac Announces $12 Million Order for HDD Technology Upgrades

Retrieved on: 
Wednesday, October 26, 2022

Intevac, Inc. (Nasdaq:IVAC, Intevac or the Company), a leading supplier of thin-film processing systems, today announced the receipt of a $12 million order for hard disk drive (HDD) technology upgrades.

Key Points: 
  • Intevac, Inc. (Nasdaq:IVAC, Intevac or the Company), a leading supplier of thin-film processing systems, today announced the receipt of a $12 million order for hard disk drive (HDD) technology upgrades.
  • Scheduled to be installed in 2023, these upgrades will provide enhanced capabilities for its 200 Lean installed base.
  • This order is a reflection of our close partnership with our HDD customers as we work together to enable achievement of their media technology roadmaps, said Nigel Hunton, president and chief executive officer.
  • We are pleased to be chosen as the premier technology provider for the next generation of HDD media.

Owlet Reports Preliminary Third Quarter 2022 Net Revenue Results

Retrieved on: 
Wednesday, October 19, 2022

Owlet, Inc. (NYSE: OWLT, Owlet or the Company) today reports preliminary unaudited net revenue results for the fiscal quarter ended September 30, 2022.

Key Points: 
  • Owlet, Inc. (NYSE: OWLT, Owlet or the Company) today reports preliminary unaudited net revenue results for the fiscal quarter ended September 30, 2022.
  • The preliminary unaudited net revenue results for the fiscal quarter ended September 30, 2022 have been prepared by, and are the responsibility of, management of the Company.
  • As a result, preliminary unaudited net revenue may differ materially from the amounts that will be reflected in the Companys condensed consolidated financial statements for the third fiscal quarter of 2022.
  • This release contains certain statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the Reform Act), including the Companys preliminary unaudited net revenue results for the third fiscal quarter of 2022.

John Dickinson to Join Intevac as Vice President of Operations

Retrieved on: 
Monday, August 15, 2022

Intevac, Inc. (Nasdaq:IVAC, Intevac or the Company), a leading supplier of thin-film processing systems, today announced that John Dickinson will join the Company as vice president of operations, effective September 1st, 2022.

Key Points: 
  • Intevac, Inc. (Nasdaq:IVAC, Intevac or the Company), a leading supplier of thin-film processing systems, today announced that John Dickinson will join the Company as vice president of operations, effective September 1st, 2022.
  • Prior to Ferrotec, Mr. Dickinson spent nine years at Applied Materials, where he served as applications engineering director, distinguished member of the technical staff.
  • Prior to Applied Materials, Mr. Dickinson spent 17 years in various management and engineering roles at BOC Edwards, a global vacuum technology company.
  • Intevac has a long history of materials science and process engineering leadership and, with several years of expected growth ahead, it is an exciting time to join the Company, said John Dickinson, Intevacs incoming vice president of operations.

EnerSys Sets Climate Neutrality Goals

Retrieved on: 
Monday, August 8, 2022

As a manufacturer of energy storage products EnerSys enables the more widespread use of renewable electricity and the transition away from nonrenewable fuel.

Key Points: 
  • As a manufacturer of energy storage products EnerSys enables the more widespread use of renewable electricity and the transition away from nonrenewable fuel.
  • I believe EnerSys is a better company because of our sustainability initiatives.
  • Although EnerSys does not make forward-looking statements unless it believes it has a reasonable basis for doing so, EnerSys cannot guarantee their accuracy.
  • For a list of other factors which could affect EnerSys results, including earnings estimates, see EnerSys filings with the Securities and Exchange Commission, including Item 7.

Intevac Announces $11 Million Order for 200 Lean Systems

Retrieved on: 
Monday, May 2, 2022

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of an $11 million order for 200 Lean systems.

Key Points: 
  • Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of an $11 million order for 200 Lean systems.
  • We are pleased to announce our fourth significant HDD order within the last six months, said Nigel Hunton, Intevacs president and chief executive officer.
  • In November of last year, we announced a $10 million order that represented the very beginning of the media capacity addition plans for the industry.
  • Last month, we announced a $54 million system order, which was followed up by todays order announcement for an additional $11 million in systems.