Range

Carbon Revolution Announces Record Revenue Results for First Half 2024

Retrieved on: 
Tuesday, April 9, 2024
Carbon, Dark, Wheel, OIC, Negotiation, Range Rover, Z06, Corvette Z06, Range, Ford, OEM, Revolution, Corvette, Fiscal

GEELONG, Australia, April 09, 2024 (GLOBE NEWSWIRE) -- Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced fiscal first half 2024 results for the period ending December 31, 2023 (unaudited). First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year. Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.

Key Points: 
  • First half revenue was up 107% over the same period last year and second quarter revenue was also up 177% year over year.
  • Net loss for the half was US$38.2 million compared to US$19.2 million a year ago with transactions costs comprising US$12.1 million for this half.
  • Carbon Revolution is an early-stage growth company that is reliant on new capital until it reaches profitability and positive free cashflow.
  • “Carbon Revolution reported half year revenue in the fiscal first half of 2024, up 107% year-over-year to US$26.1 million, driven by increased demand from the Corvette Z06 program, and the launches of the Range Rover Sport SV and Ford Mustang Dark Horse programs” said Jake Dingle, CEO of Carbon Revolution.

Range Energy Launches Online Calculator For Commercial Fleets To Understand Annual Savings Potential with Electric Powered Trailers

Retrieved on: 
Tuesday, March 5, 2024
Automotive, Technology, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, General Automotive, Environment, Retail, Other Energy, Other Transport, Utilities, Trucking, Maritime, Alternative Energy, Energy, Transport, Fleet Management, EV, Electric Vehicles, Hardware, OEM, OPEX, Electricity, Range, NOx

Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced the launch of its operational expenditure (OpEx) savings calculator for commercial fleet owners and operators.

Key Points: 
  • Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced the launch of its operational expenditure (OpEx) savings calculator for commercial fleet owners and operators.
  • The first-of-its-kind online calculator captures and analyzes unique data points from fleets, including the price they pay for diesel fuel, baseline fuel efficiency, current electricity costs, and miles driven per year to determine overall maintenance, fuel, and electricity savings from the implementation of electric powered trailers within their existing fleets.
  • Range’s electric powered trailers allow fleets to immediately progress towards their electrification goals as the equipment is compatible with all diesel-powered tractors today as well as future electric semis.
  • “Range’s trailers are a futureproof investment as they’re cost effective and deliver emissions improvements today that will only enhance over time,” said Ali Javidan, CEO and founder, Range Energy.

Range Energy Announces $23.5 Million in New Financing to Accelerate On-Road Decarbonization with Electric Powered Commercial Trailers

Retrieved on: 
Wednesday, February 28, 2024
Technology, Trucking, Other Energy, Transport, Utilities, Automotive Manufacturing, Alternative Energy, Manufacturing, Energy, Hardware, OEM, Multimedia, Investment, General partnership, Skin, Heel, Volkswagen Group, Volkswagen Group of America, Range, Pressure, Renewable energy

Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures , with participation from UP.Partners , R7 , and Yamaha Motor Ventures .

Key Points: 
  • Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures , with participation from UP.Partners , R7 , and Yamaha Motor Ventures .
  • Range will use this fresh capital to accelerate its work on customer pilot programs in parallel with advancing towards full-scale production of its electric powered trailers, which are essential to the decarbonization of commercial fleets under pressure to meet emerging emissions reduction targets.
  • Today’s additional financing brings Range’s total funding to $31.5M inclusive of the company’s $8M seed financing .
  • View the full release here: https://www.businesswire.com/news/home/20240228744525/en/
    Range Energy's electric powered commercial trailer (Photo: Business Wire)
    “Commercial-led innovation is material for achieving the electrification of on-road transportation.

Fisher & Paykel Introduces Series 11 48” Professional Induction Range

Retrieved on: 
Wednesday, February 21, 2024
Family, Retail, Other Consumer, Luxury, Consumer, Home Goods, Dark, Engineering, Beauty, Multimedia, Temperature, Peter Hancock (professor), Product management, Cooking, Food, Series, Fisher & Paykel, Range

Fisher & Paykel , a leader in premium appliances, is pleased to announce the launch of its Series 11 48” Professional Induction Range .

Key Points: 
  • Fisher & Paykel , a leader in premium appliances, is pleased to announce the launch of its Series 11 48” Professional Induction Range .
  • View the full release here: https://www.businesswire.com/news/home/20240221565176/en/
    Fisher & Paykel’s new Series 11 48” Professional Induction Range features an ultra-responsive induction cooktop and two independently operated oven cavities with exceptional energy-efficient performance.
  • While larger ranges typically require higher circuit capacity, The Series 11 48” Professional Induction Range can work with a 50A circuit, meeting US electrical code standards.
  • A stunning showpiece in any kitchen, the Series 11 48” Professional Induction Range exudes craftsmanship in every detail.

Agile Therapeutics Announces Extension Granted by Nasdaq Hearings Panel to Regain Compliance with the Stockholders’ Equity Continued Listing Requirement & Provides Performance Update

Retrieved on: 
Thursday, February 15, 2024
Letter, GAAP, Therapy, Bank statement, Range, Panel

PRINCETON, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Agile Therapeutics, Inc., (Nasdaq: AGRX), a women's healthcare company, today announced it has been granted an extension by Nasdaq to regain compliance with the stockholders’ equity requirement for continued listing and provided performance update for full year 2023.

Key Points: 
  • On February 13, 2024, the Company received a letter from the Hearings Panel (“Panel”) of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it has been granted an additional period, or until March 25, 2024, to regain compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(b)(1) requiring companies listed on the Nasdaq Capital Market to maintain stockholder’s equity of at least $2,500,000.
  • The Company had previously presented its plan to the Panel and is continuing to proceed with initiatives to regain compliance within the extension granted.
  • The Company also announced its preliminary expectations for net revenue and operating expenses for the full year 2023.
  • Management has recommended to the Board of Directors, that the Company not pay performance bonuses for the 2023 fiscal year.

Range Energy Launches Dealer Advisory Council to Support Commercialization of Electric Powered Trailers

Retrieved on: 
Tuesday, February 6, 2024
Automotive Manufacturing, Other Transport, Trucking, Manufacturing, Maritime, Environment, Retail, Transport, State, Local, Supply Chain Management, Hardware, Logistics, Technology, Other Energy, Public Policy, Government, Utilities, Alternative Energy, Energy, Range, Safety, Ecosystem, Empathy, Original equipment manufacturer, Renewable energy

Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced the launch of its Dealer Advisory Council (Dealer Council), which brings together top commercial dealers across multiple OEMs, including Doggett Freightliner , North American Trailer , and Great Dane Atlantic , to accelerate Range’s commercialization objectives.

Key Points: 
  • Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, today announced the launch of its Dealer Advisory Council (Dealer Council), which brings together top commercial dealers across multiple OEMs, including Doggett Freightliner , North American Trailer , and Great Dane Atlantic , to accelerate Range’s commercialization objectives.
  • The initial members of the Dealer Council all have extensive experience in trailer sales and bringing new technologies to the market.
  • “Establishing our Dealer Council is a major milestone for Range as we bring our electric trailers to the commercial trucking market.
  • For more information on Range Energy’s Dealer Council please email: [email protected]

Exchange Traded Concepts Announces Launch of Range ETF Suite

Retrieved on: 
Wednesday, January 24, 2024
ETF, Friends, ESG, Climate change, Range, ETC, Fossil fuel, Financial adviser

NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Exchange Traded Concepts is delighted to introduce the new lineup of Range ETFs: Range Global LNG Ecosystem Index ETF (NYSE: LNGZ), Range Nuclear Renaissance Index ETF (NYSE: NUKZ), Range Global Coal Index ETF (NYSE: COAL), and Range Global Offshore Oil Services Index ETF (NYSE: OFOS).

Key Points: 
  • NEW YORK, Jan. 24, 2024 /PRNewswire/ -- Exchange Traded Concepts is delighted to introduce the new lineup of Range ETFs: Range Global LNG Ecosystem Index ETF (NYSE: LNGZ), Range Nuclear Renaissance Index ETF (NYSE: NUKZ), Range Global Coal Index ETF (NYSE: COAL), and Range Global Offshore Oil Services Index ETF (NYSE: OFOS).
  • The unifying theme of the Range ETFs is the belief that energy will be the driving force of the global markets for the next decade.
  • The new lineup of Range ETFs seeks to provide the purest exposure to these evolving themes.
  • "We are excited to work with our friends at Range Fund Holdings to bring this concept to market," says J. Garrett Stevens, CEO of Exchange Traded Concepts.

Morse Micro and Zetifi Announce Next-Generation Remote-Area Connectivity Solution for Smart IoT Farming at CES 2024

Retrieved on: 
Wednesday, January 10, 2024
Socs, Silicon, Farm, IEEE 802.11ah, Hertz, Internet, Morse Micro, Farmer, HD, Radio, Partnership, Agriculture, Internet of things, Tree, Range, Marketing, IEEE, Mobile phone

"The Internet of Things is revolutionizing farming, and now Wi-Fi HaLow – the first version of Wi-Fi optimized for the IoT -- is helping Zetifi deliver on the promise of smart, connected farming technology," said Dan Winson, CEO and founder of Zetifi. "Our collaboration with Morse Micro is a defining moment in Zetifi's mission to bring digital advancements to modern farming through remote-area connectivity."

Key Points: 
  • Morse Micro's Wi-Fi HaLow technology will take Zetifi's farm-wide Wi-Fi connectivity with the ZetiCell and ZetiRover to a whole new level.
  • "The Internet of Things is revolutionizing farming, and now Wi-Fi HaLow – the first version of Wi-Fi optimized for the IoT -- is helping Zetifi deliver on the promise of smart, connected farming technology," said Dan Winson, CEO and founder of Zetifi.
  • "Our collaboration with Morse Micro is a defining moment in Zetifi's mission to bring digital advancements to modern farming through remote-area connectivity."
  • Morse Micro's Wi-Fi HaLow SoCs provide 10x the range, 100x the coverage area and 1000x the volume of traditional Wi-Fi solutions.

Range Energy’s Trailer Electrification Platform Measures 36.3 Percent Fuel Economy Improvements as Tested by MVT Solutions

Retrieved on: 
Friday, November 17, 2023
Trucking, Other Energy, Logistics, Supply Chain Management, Oil, Gas, Transport, Alternative Energy, Energy, Range, EV, MVT, BEV, Multimedia, GVW, Rail transport

GVW and 60 MPH top speeds across multiple scenarios including stop/go and steady-speed portions.

Key Points: 
  • GVW and 60 MPH top speeds across multiple scenarios including stop/go and steady-speed portions.
  • “Achieving 36.3 percent efficiency improvements proves to the trucking industry how important and overlooked trailers are to enhancing efficiency and lowering emissions for our industry.
  • Whether a fleet wants to reduce fuel usage or increase BEV range, this system provides unique opportunities over a traditional trailer – and by a large amount when considering it achieved 36.3% fuel savings.
  • Our drivers also liked the Range trailer; reporting it pulled easier and felt lighter.

Charles Griffie Appointed as Range Director

Retrieved on: 
Friday, October 20, 2023
Leadership development, Harvard Business School, LP, University of Colorado Denver Business School, NYSE, Midstream, ESG, NGL, MBA, Senior, RRC, Range, University, Anadarko Petroleum, Natural gas, Management, Engineering

FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Charles G. Griffie to its Board of Directors.

Key Points: 
  • FORT WORTH, Texas, Oct. 20, 2023 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Charles G. Griffie to its Board of Directors.
  • Range Chairman, Greg Maxwell, stated, “We are excited to announce the addition of Charles Griffie to the Range board as part of our ongoing refreshment process.
  • Mr. Griffie previously served as the Senior Vice President of Engineering and Operations at Western Midstream Partners, LP.
  • Prior to that, Mr. Griffie had an extensive career with Anadarko Petroleum Corporation where he worked in various roles of responsibility.