QC

NGen Unveils $86.7 Million in New Advanced Manufacturing Projects at N3 Summit

Retrieved on: 
Thursday, February 8, 2024
32X, The Honourable, Ecosystem, Investment, Health, QC, Native Image Generator, Research, Renewable energy

TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- NGen has announced over $32.3 million in Global Innovation Cluster funding for 15 new advanced manufacturing projects.

Key Points: 
  • TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- NGen has announced over $32.3 million in Global Innovation Cluster funding for 15 new advanced manufacturing projects.
  • With industry contributions of $54.4 million, the 15 projects are valued at a total of $86.7 million.
  • The announcement was made during NGen’s inaugural N 3 Summit , a new showcase and strategy event to promote Canadian leadership in advanced manufacturing.
  • NGen is excited to build on our successes with another round of advanced manufacturing projects,” said Jayson Myers, CEO, NGen.

Candor Secures Series B Funding, Led by Rice Park Capital

Retrieved on: 
Monday, February 5, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Construction & Property, Urban Planning, Building Systems, Bank of America, Growth, Knowledge, JPMorgan Chase, CFO, Central Waqf Council, QC, Fifth Third Bank, Bank, Loan

The funding was led by Minneapolis-based Rice Park Capital Management, with the support of Arthur Ventures, Assurant Ventures and the management team; as well as participation from several other industry leaders.

Key Points: 
  • The funding was led by Minneapolis-based Rice Park Capital Management, with the support of Arthur Ventures, Assurant Ventures and the management team; as well as participation from several other industry leaders.
  • “We’re very excited to have joined the Rice Park family of companies,” said Mark Hinshaw, Candor’s newly appointed Chief Executive Officer.
  • “Rice Park brings unique synergies to Candor that extends far beyond its investment.
  • “We are excited to be an investor in Candor, to have led this Series B round, and to provide an active role on the board,” stated Chris Bixby, Managing Director of Strategic Equity Investing at Rice Park Capital.

Danone Canada's Silk® launches innovative plant-based yogurt made with Canadian pea protein

Retrieved on: 
Monday, February 5, 2024
Yogurt, Vitamin D, Regular category, Research, QC, Category, Calcium

Silk®'s new range of Greek-style, plant-based yogurt introduces Canadians to a new protein option fortified with 12 grams of Canadian pea protein per serving

Key Points: 
  • Silk®'s new range of Greek-style, plant-based yogurt introduces Canadians to a new protein option fortified with 12 grams of Canadian pea protein per serving
    TORONTO and BOUCHERVILLE, QC, Feb. 5, 2024 /CNW/ - Danone Canada's Silk® continues to forge a plant-based revolution with the launch of its new protein plant-based yogurt featuring Canadian pea protein.
  • Silk® also introduces an improved recipe, new flavours and sizes for its current range of coconut plant-based yogurts.
  • With this launch, we are proud to announce our use of Canadian pea protein to create a great tasting, high in protein product that supports local sourcing and production".
  • This new product line will be made entirely with Canadian pea protein.

Nanoxplore expands capacity in Quebec plant to accommodate higher customer volumes and announces the nomination of Pierre-Yves Terrisse, Vice-President corporate development

Retrieved on: 
Tuesday, January 30, 2024
Business administration, OTCQX, Calendar, Corporate development, QC, TSX, SMC, Corporation, Pharmaceutical industry

This capacity expansion, which is part of its 5-year strategic plan and related to the SMC lightweighting initiative, begins immediately.

Key Points: 
  • This capacity expansion, which is part of its 5-year strategic plan and related to the SMC lightweighting initiative, begins immediately.
  • Moreover, a significant part of the capacity expansion costs will be assumed by the customer.
  • His network of institutional investors, sell-side financial community, combined with his expertise, will reinforce the Corporation's profile and strength.
  • NanoXplore is a leader in graphene production, and I see solid organic and inorganic growth opportunities ahead for the company.”

ORCA Computing Leaps Forward in Quantum Computing Race with Acquisition

Retrieved on: 
Tuesday, January 30, 2024
Data Management, Semiconductor, Technology, Nanotechnology, Software, Internet, Hardware, Growth, Senior, Absorption, Government, DARPA, Intellectual property, QC, Computing, HPC, Acquisition, Quantum computing, Doctor of Philosophy, Energy, Microscope

ORCA Computing , a leading quantum computing company, has announced the acquisition of the Austin, Texas-based Integrated Photonics Division of GXC.

Key Points: 
  • ORCA Computing , a leading quantum computing company, has announced the acquisition of the Austin, Texas-based Integrated Photonics Division of GXC.
  • In connection with the acquisition, ORCA Computing acquired photonics-related assets of GXC, including intellectual property and existing technology.
  • “ORCA Computing is positioning itself to face the challenges of effectively scaling quantum computing systems and leveraging low-loss integrated photonics smartly within their modular architectures.
  • "This strategic acquisition validates our choice of ORCA Computing, and we look forward to our collaboration as they evolve their forward-looking roadmap.”

Beckman Coulter Unveils DxC 500 AU Chemistry Analyzer, Expanding Portfolio with Proven Six Sigma Performance

Retrieved on: 
Tuesday, January 30, 2024
Senior, Sigma, CLIA, QC, Beckman Coulter, Chemistry, Small Business Saturday, DXC, Medical device

DUBAI, UAE, Jan. 29, 2024 /PRNewswire/ -- Beckman Coulter Diagnostics, a clinical diagnostics leader, will unveil its new DxC 500 AU Chemistry Analyzer, an automated clinical chemistry analyzer, at Medlab Middle East in Dubai, taking place February 5-8, 2024. The DxC 500 AU Chemistry Analyzer is one of several recent Beckman Coulter solutions designed to address the complete needs of healthcare systems that are looking to complement central hub laboratories by advancing the technology and capabilities of satellite and independent hospital laboratories.

Key Points: 
  • DUBAI, UAE, Jan. 29, 2024 /PRNewswire/ -- Beckman Coulter Diagnostics, a clinical diagnostics leader, will unveil its new DxC 500 AU Chemistry Analyzer, an automated clinical chemistry analyzer, at Medlab Middle East in Dubai, taking place February 5-8, 2024.
  • The new DxC 500 AU Chemistry Analyzer advances capabilities of spoked labs with a broad menu of high-quality assays that deliver consistent, commutable results across Beckman Coulter's AU clinical chemistry systems, positively impacting clinical decision-making and patient outcomes."
  • The DxC 500 AU Chemistry Analyzer features advanced automation technology, onboard guided workflows, and standardized reagents for use across healthcare networks.
  • The DxC 500 AU Chemistry Analyzer is for in vitro diagnostic use only.

Converge Provides Q4-2023 Cash Flow Update

Retrieved on: 
Monday, January 29, 2024
TSX, Converge, QC, CTS

TORONTO and GATINEAU, QC, Jan. 29, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS), today announced that it expects cash from operations for its fourth quarter, ended December 31, 2023 ("Q4-2023") to be stronger than it had previously indicated.

Key Points: 
  • TORONTO and GATINEAU, QC, Jan. 29, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS), today announced that it expects cash from operations for its fourth quarter, ended December 31, 2023 ("Q4-2023") to be stronger than it had previously indicated.
  • During the fourth quarter, the combined effect of strategically managing working capital and most notably, inventory, contributed meaningfully to cash from operating activities.
  • As a result, the Company now expects to report:
    Cash from operating activities in Q4-2023 of $109.0 million to $116.0 million.
  • This compares with $30.4 million in Q4-2022;
    Cash from operating activities for fiscal 2023 of $224.0 million to $231.0 million.

Converge Provides Q4-2023 Cash Flow Update

Retrieved on: 
Monday, January 29, 2024
TSX, Converge, QC, CTS

TORONTO and GATINEAU, QC, Jan. 29, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS), today announced that it expects cash from operations for its fourth quarter, ended December 31, 2023 ("Q4-2023") to be stronger than it had previously indicated.  

Key Points: 
  • TORONTO and GATINEAU, QC, Jan. 29, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS), today announced that it expects cash from operations for its fourth quarter, ended December 31, 2023 ("Q4-2023") to be stronger than it had previously indicated.
  • During the fourth quarter, the combined effect of strategically managing working capital and most notably, inventory, contributed meaningfully to cash from operating activities.
  • As a result, the Company now expects to report:
    Cash from operating activities in Q4-2023 of $109.0 million to $116.0 million.
  • This compares with $30.4 million in Q4-2022;
    Cash from operating activities for fiscal 2023 of $224.0 million to $231.0 million.

ProSearch Advances eDiscovery with Generative AI for Review and Enhancements in Privacy Detection & Management

Retrieved on: 
Thursday, January 25, 2024
Synthetic media, Privacy, LADS, Warner Bros. Discovery EMEA, Suggestion, Deep learning, Intelligence, AI, QC, Organization, PXI, Creativity, Data science, DSAR, Data, Medical device

Both initiatives were developed by the ProSearch Linguistics, Analytics, and Data Science (LADS) team in collaboration with clients.

Key Points: 
  • Both initiatives were developed by the ProSearch Linguistics, Analytics, and Data Science (LADS) team in collaboration with clients.
  • Generative AI was harnessed to enhance efficiency, accuracy, and overall effectiveness in managing large volumes of data in review.
  • Categorization: AI allows review teams to explore data by category or topic, supporting review boundary identification or probing responsiveness, issuing codes, or identifying hot documents.
  • “The LADS team is on fire with practical applications of generative AI,” says Gina Taranto, director of applied sciences at ProSearch.

Bruker Announces Agreement to Acquire Chemspeed

Retrieved on: 
Thursday, January 25, 2024
Health, Technology, Software, Research, Science, Pharmaceutical, Biotechnology, FLEX, Food, Data management, Multimedia, Corporation, QC, Workflow, Cosmetics, Acquisition, Laboratory, Robotics, Automation, BRKR, Fine chemical

Bruker Corporation (Nasdaq: BRKR) today announced a definitive agreement for the acquisition of Chemspeed Technologies AG , a Swiss provider of vendor-agnostic automated laboratory R&D and QC workflow solutions.

Key Points: 
  • Bruker Corporation (Nasdaq: BRKR) today announced a definitive agreement for the acquisition of Chemspeed Technologies AG , a Swiss provider of vendor-agnostic automated laboratory R&D and QC workflow solutions.
  • Chemspeed is focused on modular automation and robotics solutions for chemical research, pharma drug formulation, materials research for cleantech and consumer applications.
  • Chemspeed automation is used every day in top R&D and QC laboratories globally, setting standards in lab automation.
  • Their commitment to excellence is reflected in the wide range of Chemspeed automation, and their dedication to customer service.”