NIB

EQS-News: IBU-tec Advances Development in Sodium-Ion Battery Research Making Further Progress

Retrieved on: 
Wednesday, March 13, 2024
Electrode, Seawater, Copper, NMO, Research, Lithium, Fraunhofer Society, Aluminium, Growth, BYD, German, Education, Cell, LFP, Wind, System, Safety, CATL, NIB, AG, NEP, Sodium, Environment, Electric battery

Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.

Key Points: 
  • Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.
  • IBU-tec has already successfully completed the development and production of phase-pure cathode active material made of sodium manganese layer oxide.
  • In the next step of the research project, IBU-tec is testing the cycle stability of the cathode in full cells and further optimizing it.
  • Ulrich Weitz, Managing Director of IBUvolt battery materials: "With the further development of innovative battery materials, we are securing the future viability of IBU-tec.

Spirent Report: 5G Standalone and Private Networks Ready to be Unleashed

Retrieved on: 
Tuesday, February 20, 2024
Security, Technology, Mobile, Wireless, 5G, Networks, Internet, Spirent, Insight, SPT, AI, ROI, OSS, Semiconductor intellectual property core, Growth, Heel, Redcap, 3GPP, NIB, DevOps, Automation, Acceleration, XR, LEO, Communication

The “5G 2024: Market Drivers, Insights & Considerations” report provides insights from across the 5G ecosystem on the status of 5G, revealing trends, geographical differences and future potential.

Key Points: 
  • The “5G 2024: Market Drivers, Insights & Considerations” report provides insights from across the 5G ecosystem on the status of 5G, revealing trends, geographical differences and future potential.
  • “5G Standalone (SA) network deployments were delayed last year, in part due to the technical challenges of deploying and integrating new, cloud-native 5G Core technologies,” said Spirent’s Head of Market Strategy, Steve Douglas.
  • Private 5G – More than 1,200 private LTE/5G networks have been commercially deployed over the last few years as pending SA deployments, lifecycle automation and security focused network slices could lead to more than 40,000 rollouts by 2027.
  • 5G Advanced – As 5G Standalone (SA) upgrades accelerate, users will finally get a feel for what true 5G can offer.

MVB Financial Corp. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
Banking, Other Professional Services, Professional Services, Finance, Growth, Sale, Compact disc, Risk, Safety, GAAP, Fintech, NIB, MVB, Risk-weighted asset, Insurance, Bank

MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2023, with reported net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share for the three months ended December 31, 2023.

Key Points: 
  • MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the fourth quarter and year ended December 31, 2023, with reported net income of $7.9 million, or $0.62 basic and $0.61 diluted earnings per share for the three months ended December 31, 2023.
  • The tax-equivalent yield on loans was 7.2% for the fourth quarter of 2023, compared to 7.0% for the third quarter of 2023 and 6.1% for the fourth quarter of 2022.
  • The cost of funds was 2.44% for the fourth quarter of 2023, consistent with the third quarter of 2023 and up 144 basis points compared to the fourth quarter of 2022.
  • Noninterest income totaled $4.4 million for the fourth quarter of 2023, a decrease of $1.4 million, or 23.4%, from the third quarter of 2023 and an increase of $1.0 million, or 29.2%, from the fourth quarter of 2022.

AmpliTech Group’s AGTGSS Division Unveils New 5G High-Speed Network In A Box (NIB)

Retrieved on: 
Thursday, February 1, 2024
Box, NIB, Originality, OEM, Original equipment manufacturer, Proof of concept, MWC, MIMO, CAT, Organization, Massive

This single box is essentially a “plug-n-play” solution for P5G and local carriers and is another innovative product from its AGTGSS (AmpliTech Group True G Speed Services) Division.

Key Points: 
  • This single box is essentially a “plug-n-play” solution for P5G and local carriers and is another innovative product from its AGTGSS (AmpliTech Group True G Speed Services) Division.
  • A 5G NIB offers several benefits to customers, including rapid deployment, flexibility, cost-effectiveness, localized high-speed connectivity, enhanced security, and interoperability.
  • AmpliTech Group's AGTGSS division stands at the forefront of cutting-edge telecommunications technology as a distinguished Original Equipment Manufacturer (OEM) specializing in 5G solutions.
  • With a relentless commitment to innovation, AmpliTech has established itself as a trailblazer in the rapidly evolving landscape of fifth-generation wireless technology.

KBRA Comments on Global Credit Union's Announced Agreement to Acquire First Financial Northwest Bank

Retrieved on: 
Tuesday, January 23, 2024
Banking, Professional Services, Finance, NCUA, KBRA, BBB, First, Acquisition, NIB, Bank

KBRA comments on Global Credit Union's ("Global") announced agreement to acquire First Financial Northwest Bank, a wholly-owned subsidiary of First Financial Northwest, Inc. (NASDAQ: FFNW).

Key Points: 
  • KBRA comments on Global Credit Union's ("Global") announced agreement to acquire First Financial Northwest Bank, a wholly-owned subsidiary of First Financial Northwest, Inc. (NASDAQ: FFNW).
  • On January 11, 2024, Anchorage, Alaska-based Global Credit Union (KBRA Senior Unsecured Debt: BBB / Negative Outlook) announced that it has entered into a definitive agreement in which Global will acquire Renton, Washington-based First Financial Northwest Bank, a wholly-owned subsidiary of First Financial Northwest, Inc.
  • The acquisition is structured as a purchase and assumption agreement with Global purchasing substantially all assets and assuming substantially all liabilities of First Financial Northwest Bank that includes an estimated interest rate mark to market of ~$69 million.
  • Moreover, we view the proposed transaction as neutral to Global's credit ratings over the near-term.

Ericsson signs funding agreements with the European Investment Bank

Retrieved on: 
Friday, January 26, 2024
Research, Green, CFO, Wireless, Investment, Nordic Investment Bank, EUR, EIB, Carbon, BofA Securities, NIB, European Investment Bank, Real estate

STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.

Key Points: 
  • STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.
  • The signing of the funding agreements with the European Investment Bank provides Ericsson with increased flexibility to drive critical research and development into making our own products more competitive and energy efficient.
  • In December 2023, Ericsson signed a 7-year EUR 100 million green funding agreement with the Nordic Investment Bank (NIB).
  • On November 23, 2023, Ericsson announced the successful placement of a green Euro-denominated 500 million 4.5-year bond .

Ericsson signs funding agreements with the European Investment Bank

Retrieved on: 
Friday, January 26, 2024
Research, Green, CFO, Wireless, Investment, Nordic Investment Bank, EUR, EIB, Carbon, BofA Securities, NIB, European Investment Bank, Real estate

STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.

Key Points: 
  • STOCKHOLM, Jan. 26, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was disbursed in December 2023.
  • The signing of the funding agreements with the European Investment Bank provides Ericsson with increased flexibility to drive critical research and development into making our own products more competitive and energy efficient.
  • In December 2023, Ericsson signed a 7-year EUR 100 million green funding agreement with the Nordic Investment Bank (NIB).
  • On November 23, 2023, Ericsson announced the successful placement of a green Euro-denominated 500 million 4.5-year bond .

Global Public Safety LTE & 5G Market Analysis Report: Annual Investments in Public Safety LTE/5G Infrastructure and Devices Reached $4.3 Billion in 2023 - Forecasts to 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 15, 2024
Technology, 5G, Telecommunications, NTN, UHD, Microsoft Excel, ESN, MVNO, System, Growth, D2D, LMR, VIRVE, Plague, Priority, LTE, IOPS, Prevalence, RRF, Prose, QOS, Investment, Original equipment manufacturer, QPP, Ericsson, HPUE, UE, RAN, 3GPP, Ecosystem, MCX, Robotics, Public security, Government, NIB, Mobile phone

The "The Public Safety LTE & 5G Market: 2023 - 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Public Safety LTE & 5G Market: 2023 - 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.
  • Annual investments in public safety LTE/5G infrastructure and devices reached $4.3 Billion in 2023, driven by both new projects and the expansion of existing dedicated, hybrid government-commercial and secure MVNO/MOCN networks.
  • The ProSe (Proximity Services) chipset ecosystem failed to materialize in the LTE era due to limited support from chipmakers and terminal OEMs.
  • How can public safety stakeholders leverage excess spectrum capacity to ensure the economic viability of purpose-built LTE and 5G NR infrastructure?

Global Public Safety LTE & 5G Market Analysis Report 2023-2030 - Expanding Ecosystem of Public Safety-Grade LTE/5G Devices Drives Market Growth

Retrieved on: 
Monday, January 15, 2024
NTN, UHD, Microsoft Excel, ESN, MVNO, System, Growth, D2D, LMR, VIRVE, Plague, Priority, LTE, IOPS, Prevalence, RRF, Prose, QOS, Investment, Original equipment manufacturer, QPP, Ericsson, HPUE, UE, RAN, 3GPP, Ecosystem, MCX, Robotics, Public security, Government, NIB, Mobile phone

DUBLIN, Jan. 15, 2024 /PRNewswire/ -- The "The Public Safety LTE & 5G Market: 2023 - 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 15, 2024 /PRNewswire/ -- The "The Public Safety LTE & 5G Market: 2023 - 2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.
  • The ProSe (Proximity Services) chipset ecosystem failed to materialize in the LTE era due to limited support from chipmakers and terminal OEMs.
  • How can public safety stakeholders leverage excess spectrum capacity to ensure the economic viability of purpose-built LTE and 5G NR infrastructure?
  • When will FirstNet, Safe-Net, ESN, RRF, SIRDEE, VIRVE 2.0 and other nationwide public safety broadband networks replace existing digital LMR systems?

MVB Financial Corp. Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Banking, Professional Services, Finance, Insurance, Sale, Government, CRE, GAAP, Acquisition, NIB, Growth, Risk management, Risk, First Franklin Financial Corp., FHLB, Risk-weighted asset, MVB, Investment, Capital, Security (finance), Real estate, Bank, Rare-earth element, Pharmaceutical industry, Video game, Cryptocurrency

MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the third quarter of 2023, with reported net income of $3.9 million, or $0.30 basic and $0.29 diluted earnings per share.

Key Points: 
  • MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. ("MVB Bank"), today announced financial results for the third quarter of 2023, with reported net income of $3.9 million, or $0.30 basic and $0.29 diluted earnings per share.
  • The tax-equivalent yield on loans was 7.0% for the third quarter of 2023, compared to 6.7% for the second quarter of 2023 and 5.3% for the third quarter of 2022.
  • The cost of funds was 2.43% for the third quarter of 2023, up from 2.26% for the second quarter of 2023 and 0.59% for the third quarter of 2022.
  • The Company issued a quarterly cash dividend of $0.17 per share for the third quarter of 2023, consistent with the second quarter of 2023 and the third quarter of 2022.