DGI

Fuel Tech Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, March 11, 2024

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.
  • Our APC backlog at December 31, 2023 was $7.5 million, up from $5.6 million at September 30, 2023.
  • As expected, revenues at our FUEL CHEM® segment declined year-over-year for both the fourth quarter and full year 2023, with warmer weather across the US impacting unit dispatch; however, segment gross margin was essentially unchanged and at historic levels.
  • Adjusted EBITDA loss was $(0.6) million in Q4 2023 compared to Adjusted EBITDA loss of $(0.3) million in Q4 2022.

Introducing DGI: The Premier Platform for Passive Income in Gaming

Retrieved on: 
Wednesday, February 28, 2024

London, UK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DGI (Decentralized Gaming Income Token) announces its revolutionary approach to passive income within the gaming industry, offering gamers and investors alike an unprecedented opportunity to earn through its innovative platform.

Key Points: 
  • London, UK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DGI (Decentralized Gaming Income Token) announces its revolutionary approach to passive income within the gaming industry, offering gamers and investors alike an unprecedented opportunity to earn through its innovative platform.
  • DGI is proud to unveil its platform, which allows users to stake DGI tokens and earn monthly income from the expansive gaming guild portfolio operated by DGG (Decentralized Gaming Guild).
  • With a focus on rewarding token holders, DGI aims to revolutionize the gaming and cryptocurrency industries by offering a seamless and lucrative way to engage with Web3 gaming.
  • The DGI Token serves as the cornerstone of the DGI ecosystem, providing holders with passive income opportunities through holding, supporting, and staking DGI.

Introducing DGI: The Premier Platform for Passive Income in Gaming

Retrieved on: 
Wednesday, February 28, 2024

London, UK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DGI (Decentralized Gaming Income Token) announces its revolutionary approach to passive income within the gaming industry, offering gamers and investors alike an unprecedented opportunity to earn through its innovative platform.

Key Points: 
  • London, UK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- DGI (Decentralized Gaming Income Token) announces its revolutionary approach to passive income within the gaming industry, offering gamers and investors alike an unprecedented opportunity to earn through its innovative platform.
  • DGI is proud to unveil its platform, which allows users to stake DGI tokens and earn monthly income from the expansive gaming guild portfolio operated by DGG (Decentralized Gaming Guild).
  • With a focus on rewarding token holders, DGI aims to revolutionize the gaming and cryptocurrency industries by offering a seamless and lucrative way to engage with Web3 gaming.
  • The DGI Token serves as the cornerstone of the DGI ecosystem, providing holders with passive income opportunities through holding, supporting, and staking DGI.

Fuel Tech Publishes White Paper on Positive Effects of Its Dissolved Gas Infusion Technology in an Aquaculture Setting

Retrieved on: 
Tuesday, February 6, 2024

Dissolved Gas Infusion (DGI®) Technology for the Royal Caridea Aquaculture Raceway , suggests that the use of DGI® to reliably dose and maintain dissolved oxygen levels can dramatically increase total production compared with traditional aeration methods.

Key Points: 
  • Dissolved Gas Infusion (DGI®) Technology for the Royal Caridea Aquaculture Raceway , suggests that the use of DGI® to reliably dose and maintain dissolved oxygen levels can dramatically increase total production compared with traditional aeration methods.
  • Shrimp farm technology provider Royal Caridea worked closely with Fuel Tech on a trial to determine the effects of growing Pacific whiteleg shrimp (Litopenaeus Vannamei) in a raceway system using the Company’s patented DGI® gas infusion system.
  • In the second growth cycle, Fuel Tech’s DGI® technology was used to provide DO concentrations at 150% of atmospheric saturation.
  • The validation testing white paper showed that DGI delivers greater than 99% transfer of oxygen when applied to a treated body of water.

 Fuel Tech Reports 2023 Third Quarter Financial Results

Retrieved on: 
Tuesday, November 7, 2023

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2023 (“Q3 2023”).

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the third quarter ended September 30, 2023 (“Q3 2023”).
  • “FUEL CHEM operations normalized during Q3 2023 as the unit downtime we experienced in the second quarter of 2023 (“Q2 2023”) caused by temporary maintenance activities and unplanned outages substantially abated.
  • The client reported excellent results from taste tests by local chefs including an absence of trimethylamines (TMA) within the harvest.
  • Adjusted EBITDA was $0.4 million in Q3 2023 compared to Adjusted EBITDA of $0.4 million in Q3 2022.

EQS-News: Vortex Energy Selects Wireline Survey Contractor for Exploration Program at the Robinsons River Salt Project

Retrieved on: 
Tuesday, November 7, 2023

Vancouver, British Columbia — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that it has selected DGI Geoscience Inc. (“DGI”) as the wireline survey contractor for the fully-permitted exploration program at the Company’s flagship property, the Robinsons River Salt Project (the “Property”).

Key Points: 
  • Vancouver, British Columbia — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that it has selected DGI Geoscience Inc. (“DGI”) as the wireline survey contractor for the fully-permitted exploration program at the Company’s flagship property, the Robinsons River Salt Project (the “Property”).
  • DGI was chosen by Vortex’s consultant partner, RESPEC Consulting Inc. (“RESPEC”), following a thorough and competitive analysis and qualification process.
  • Paul Sparkes, Chief Executive Officer, commented, "We are pleased to have selected DGI as our wireline survey contractor as we mobilize the drilling program at the Property.
  • DGI is a leader in wireline surveying and we look forward to receiving the valuable data they will work to provide for the Property.”

Vortex Energy Selects Wireline Survey Contractor for Exploration Program at the Robinsons River Salt Project

Retrieved on: 
Friday, October 27, 2023

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that it has selected DGI Geoscience Inc. (“DGI”) as the wireline survey contractor for the fully-permitted exploration program at the Company’s flagship property, the Robinsons River Salt Project (the “Property”).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that it has selected DGI Geoscience Inc. (“DGI”) as the wireline survey contractor for the fully-permitted exploration program at the Company’s flagship property, the Robinsons River Salt Project (the “Property”).
  • DGI was chosen by Vortex’s consultant partner, RESPEC Consulting Inc. (“RESPEC”), following a thorough and competitive analysis and qualification process.
  • DGI specializes in acquiring cost-effective and accurate in-situ borehole geophysical, televiewer, hydrogeological, and directional survey data.
  • Paul Sparkes, Chief Executive Officer, commented, "We are pleased to have selected DGI as our wireline survey contractor as we mobilize the drilling program at the Property.

Fuel Tech Reports 2023 First Quarter Financial Results

Retrieved on: 
Tuesday, May 9, 2023

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering solutions for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the first quarter ended March 31, 2023.
  • “We generated positive cash from operations, and ended the first quarter with $33.8 million in cash and investments and no long-term debt.
  • Adjusted EBITDA loss was $(0.6) million in Q1 2023 compared to Adjusted EBITDA loss of $(0.9) million in Q1 2022.
  • Management will host a conference call on Wednesday, May 10, 2023 at 10:00 am ET / 9:00 am CT to discuss the results and business activities.

ASTI Says Requisitioners' Call for Board Overhaul Could Disrupt Operations After Recent Financial Turnaround, and Be Counter-Productive to An Exit Offer

Retrieved on: 
Thursday, April 27, 2023

In FY2020, Mr. Soh was ASTI Group's highest-earning employee (excluding the CEO and directors) with an annual remuneration range of S$500,000 to S$599,999.

Key Points: 
  • In FY2020, Mr. Soh was ASTI Group's highest-earning employee (excluding the CEO and directors) with an annual remuneration range of S$500,000 to S$599,999.
  • ASTI is currently in discussions with Thailand-listed Capital Engineering Network Public Company Limited on a potential exit offer.
  • The Proposed Resolutions would also be counter-productive to the Board's efforts to secure an exit offer in the near future" ASTI added.
  • ASTI directors believe Mr. Ng has limited experience managing a listed company and "in navigating the company through the delisting and exit offer processes."

Helius Medical Technologies to Spotlight Expanded Authorizations for its PoNS Device at 2023 American Academy of Neurology Annual Meeting, Booth 1685

Retrieved on: 
Monday, April 17, 2023

Helius’s presence at the conference comes at a time when PoNS is seeking additional indications for neurological conditions that lead to gait and/or balance impairment.

Key Points: 
  • Helius’s presence at the conference comes at a time when PoNS is seeking additional indications for neurological conditions that lead to gait and/or balance impairment.
  • Health Canada authorized PoNS for short-term treatment of balance and gait deficit due to MS, mild-to-moderate traumatic brain injury (mmTBI) and, in the past month, stroke .
  • “This is the right time to exhibit at the AAN conference,” said Helius President and Chief Executive Officer Dane Andreeff.
  • Tyler M, Skinner K, Prabhakaran V, Kaczmarek K, Danilov Y. Translingual neurostimulation for the treatment of chronic symptoms due to mild-to-moderate traumatic brain injury.