HOD

Weebit Nano demonstrates performance of its ReRAM under extended automotive conditions

Retrieved on: 
Wednesday, February 21, 2024

The Weebit ReRAM module in SkyWater Technology ’s 130nm CMOS (S130) process has already been fully qualified at temperatures of up to 125 degrees Celsius – the temperature specified for Grade-1 automotive applications.

Key Points: 
  • The Weebit ReRAM module in SkyWater Technology ’s 130nm CMOS (S130) process has already been fully qualified at temperatures of up to 125 degrees Celsius – the temperature specified for Grade-1 automotive applications.
  • Demonstrating the resilience of Weebit ReRAM under these conditions will continue to enhance our position in this domain.
  • Our latest results reaffirm the viability of Weebit ReRAM for use in microcontrollers and other automotive components, as well numerous other applications requiring high-temperature reliability and extended endurance.
  • The Weebit ReRAM IP module is available with full support in SkyWater’s S130 process design kit.

TIGI wins E.ON's energy solutions for buildings and industry challenge - Climate Solutions Prize

Retrieved on: 
Friday, March 1, 2024

HOD HASHARON, Israel, March 1, 2024 /PRNewswire/ -- TIGI (TASE: TIGI), an Israeli developer and provider of renewable heat generation and storage solutions and services has won the prestigious Climate Solutions Prize for its outstanding solution of decarbonization of heat in the category E.ON Energy Solutions for Buildings and Industry Challenge.

Key Points: 
  • HOD HASHARON, Israel, March 1, 2024 /PRNewswire/ -- TIGI (TASE: TIGI), an Israeli developer and provider of renewable heat generation and storage solutions and services has won the prestigious Climate Solutions Prize for its outstanding solution of decarbonization of heat in the category E.ON Energy Solutions for Buildings and Industry Challenge.
  • By winning this notable award, TIGI receives an engagement package with the E.ON team and a grant of ten thousand dollars.
  • The Climate Solutions Prize recognises the most groundbreaking and impactful young startups and growth-stage innovative companies that address environmental pain points of global players.
  • "We are proud and pleased to be kicking off a project with TIGI and E.ON's energy infrastructure solutions business."

Valens Semiconductor Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

HOD HASHARON, Israel, Feb. 28, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Fourth quarter revenues reached $21.9 million, and net income was $2.8 million; Full year 2023 revenues reached $84.2 million with automotive revenues reaching an annual record high
    HOD HASHARON, Israel, Feb. 28, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • "Valens Semiconductor demonstrated both its resilience and innovation in 2023.
  • Fourth quarter 2023 revenues reached $21.9 million, compared to $23.5 million in the fourth quarter of 2022
    - GAAP gross margin was 61.7% for the fourth quarter 2023 (non-GAAP gross margin was 63.1%).
  • Valens Semiconductor will host a conference call today, Wednesday, February 28, 2024, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter and full year 2023 financial results and business outlook.

Allot Announces Fourth Quarter & Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Total revenues for the fourth quarter of 2023 were $24.3 million, a decrease of 26.3% compared to $33.0 million in the fourth quarter of 2022.

Key Points: 
  • Total revenues for the fourth quarter of 2023 were $24.3 million, a decrease of 26.3% compared to $33.0 million in the fourth quarter of 2022.
  • Gross profit on a GAAP basis for the fourth quarter of 2023 was $11.4 million (gross margin of 46.8%), a 47.9% decline compared with $21.9 million (gross margin of 66.3%) in the fourth quarter of 2022.
  • Gross profit on a non-GAAP basis for the fourth quarter of 2023 was $12.6 million (gross margin of 51.7%), a 43.7% decline compared with $22.4 million (gross margin of 67.7%) in the fourth quarter of 2022.
  • The Allot management team will host a conference call to discuss its fourth quarter and full year 2023 earnings results today, February 15, 2024, at 8:30 am ET, 3:30 pm Israel time.

Everyday Driver expands with purchase of Hooked on Driving

Retrieved on: 
Tuesday, February 13, 2024

PARK CITY, Utah, Feb. 13, 2024 /PRNewswire/ -- Long-running car TV show and podcast, Everyday Driver, has purchased Hooked on Driving (HOD), the premiere host of high-performance driving events.

Key Points: 
  • PARK CITY, Utah, Feb. 13, 2024 /PRNewswire/ -- Long-running car TV show and podcast, Everyday Driver, has purchased Hooked on Driving (HOD), the premiere host of high-performance driving events.
  • Hooked on Driving's nationwide track days will continue uninterrupted with more overseas trips and special events planned for the future.
  • Everyday Driver was founded in 2007 in Los Angeles, and was one of the first car shows on YouTube.
  • Today, Everyday Driver releases videos on two YouTube channels as well as their twice weekly podcast, "The Car Debate", one of the biggest podcasts in automotive.

Valens Semiconductor to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

Retrieved on: 
Wednesday, February 7, 2024

HOD HASHARON, Israel, Feb. 7, 2024 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, today announced that it will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 28, 2024.

Key Points: 
  • HOD HASHARON, Israel, Feb. 7, 2024 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, today announced that it will release its fourth quarter and full year 2023 financial results before the market opens on Wednesday, February 28, 2024.
  • Valens Semiconductor Gideon Ben Zvi, Chief Executive Officer, Guy Nathanzon, who has now assumed the role of Chief Financial Officer, and Daphna Golden, VP Investor Relations, will host a conference call on Wednesday, February 28, 2024, at 8:30 a.m. Eastern Time (ET) to discuss the company's fourth quarter and full year 2023 financial results and business outlook.
  • A live webcast of the conference call will be available via the investor relations section of Valens Semiconductor's website at Valens - Financials - Quarterly Results .
  • A replay of the conference call will be available on Valens Semiconductor's website shortly after the call concludes.

Valens Semiconductor Enables Unprecedented, Resilient Surround View Systems for Long Vehicles, with its New VA700R Series, Capable of 40-Meter Multi-Gig Connectivity

Retrieved on: 
Wednesday, January 24, 2024

HOD HASHARON, Israel, Jan. 24, 2024 /PRNewswire/ -- Today, Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, unveiled the VA700R Series, which offers industry leading bandwidth and link distance for long vehicle sensor connectivity. Enabling 4Gbps at distances of up to 40 meters/130 feet, while supplying power and bi-directional control over the cable, the VA700R provides the connectivity infrastructure upon which innovative visibility solutions can be designed for truck drivers.

Key Points: 
  • HOD HASHARON, Israel, Jan. 24, 2024 /PRNewswire/ -- Today, Valens Semiconductor (NYSE: VLN), a leader in high-performance connectivity, unveiled the VA700R Series, which offers industry leading bandwidth and link distance for long vehicle sensor connectivity.
  • Demonstrations of the VA700R are available today, and engineering samples are slated to be released to customers in mid-2024.
  • Valens is uniquely capable of overcoming this challenge, providing the best solution for guaranteeing the performance needed for enhanced ADAS systems in long vehicles.
  • At Automotive World Japan, taking place in Tokyo on January 24-26, Valens will display a demonstration of the VA700R chipset, showing error-free connectivity of 4Gbps over distances of 40 meters/130 feet.

How to Boost Retail Business in 2024: The Benefits of Attending the Digital Retail Africa Conference

Retrieved on: 
Tuesday, January 16, 2024

JOHANNESBURG, Jan. 16, 2024 /PRNewswire/ -- The retail industry is undergoing a massive transformation, driven by the internet, customer expectations, and emerging technologies. Retailers need to adapt and innovate to survive and thrive in this new era of digital retail.

Key Points: 
  • Retailers need to adapt and innovate to survive and thrive in this new era of digital retail.
  • If you are a senior IT executive in a major retail company, or a technology service provider who has solutions for retailers, you don't want to miss Digital Retail Africa 2024 , the ultimate event for retail and technology innovation in Africa.
  • Digital Retail Africa 2024, hosted by IT News Africa , will take place on 31 January 2024 at the Gallagher Convention Centre in Johannesburg.
  • We look forward to seeing you at the Digital Retail Africa Conference 2024, the must-attend event for retail and technology enthusiasts in Africa.

How to Boost Retail Business in 2024: The Benefits of Attending the Digital Retail Africa Conference

Retrieved on: 
Tuesday, January 16, 2024

JOHANNESBURG, Jan. 16, 2024 /PRNewswire/ -- The retail industry is undergoing a massive transformation, driven by the internet, customer expectations, and emerging technologies. Retailers need to adapt and innovate to survive and thrive in this new era of digital retail.

Key Points: 
  • Retailers need to adapt and innovate to survive and thrive in this new era of digital retail.
  • If you are a senior IT executive in a major retail company, or a technology service provider who has solutions for retailers, you don't want to miss Digital Retail Africa 2024 , the ultimate event for retail and technology innovation in Africa.
  • Digital Retail Africa 2024, hosted by IT News Africa , will take place on 31 January 2024 at the Gallagher Convention Centre in Johannesburg.
  • We look forward to seeing you at the Digital Retail Africa Conference 2024, the must-attend event for retail and technology enthusiasts in Africa.

Allot Announces Preliminary FY 2023 Financial Results

Retrieved on: 
Thursday, January 11, 2024

HOD HASHARON, Israel , Jan. 11, 2024 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT), (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced preliminary unaudited financial results for the year ended December 31, 2023.

Key Points: 
  • HOD HASHARON, Israel , Jan. 11, 2024 /PRNewswire/ -- Allot Ltd. (NASDAQ: ALLT), (TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced preliminary unaudited financial results for the year ended December 31, 2023.
  • Allot expects revenues, SECaaS revenues, and Total ARR to be within the guidance range the company provided on November 16, 2023.
  • Allot received a notice from DISH alleging that the software provided to it by Allot failed to meet certain specifications as required in the contract.
  • The Company's expectations as to its results of operation are preliminary and subject to the completion of the Company's financial close process and the completion of its annual audit.