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Arctic Semiconductor Unveils SilverWings: The World's Premier Low-Power All-in-One RF Transceiver

Retrieved on: 
Tuesday, March 19, 2024

SAN JOSE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Arctic Semiconductor , a pioneer in low-power, versatile RF, and mixed-signal chipsets, unveiled SilverWings today.

Key Points: 
  • SAN JOSE, Calif., March 19, 2024 (GLOBE NEWSWIRE) -- Arctic Semiconductor , a pioneer in low-power, versatile RF, and mixed-signal chipsets, unveiled SilverWings today.
  • Representing a breakthrough in the industry, SilverWings is the first-ever 4x4 low-power transceiver offering multi-stage up and down conversion from digital to RF and RF to digital, empowering programmable and adaptable system designs.
  • "SilverWings epitomizes our dedication to addressing crucial customer challenges through innovative solutions, leveraging our expertise in both analog and digital design within low-power systems," said Marzieh Veyseh, Chief Product Officer of Arctic Semiconductor.
  • On the receiver end, it features an RF gain stage, facilitating ultra-fast Automatic Gain Control (AGC) to counter interference.

Norsk Hydro: Industry and Norwegian government agree on the CO2 compensation scheme

Retrieved on: 
Friday, March 15, 2024

The Norwegian government, industry associations and trade unions have reached an agreement on the future of the Norwegian CO2 compensation scheme, valid from 2024 until 2030.

Key Points: 
  • The Norwegian government, industry associations and trade unions have reached an agreement on the future of the Norwegian CO2 compensation scheme, valid from 2024 until 2030.
  • “The CO2 compensation scheme is essential for maintaining competitive frame conditions for industries in Norway.
  • The agreement between the Norwegian government, Norsk Industri, Industri Energi & Forbundet for ledelse og teknikk, Fellesforbundet, LO, and NHO is valid from 2024 until 2030.
  • The revised CO2 compensation scheme includes a commitment for the industries to implement emission reduction and energy efficiency measures corresponding to 40 percent of the CO2 compensation paid.

Cloudvirga Adds Advanced Dashboard Feature to its POS Platforms

Retrieved on: 
Tuesday, February 27, 2024

IRVINE, Calif., Feb. 27, 2024 /PRNewswire/ -- Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, announced today it has introduced a new dashboard feature in both the retail and TPO versions of its platform that enables originators, brokers and managers to track activity within their pipelines and prompts necessary actions needed to close more loans and enhance the borrower experience.

Key Points: 
  • For example, if it has moved from processing to underwriting or received a clear to close.
  • Similarly, mortgage brokers on Horizon TPO will see detailed status of their loans within the wholesale lender's operations.
  • The dashboard will also flag activities that originators need to prioritize that day, improving LO efficiency and enabling them to be more proactive with their customer interactions.
  • The dashboard also tracks volume over time, allowing loan officers and lenders to see trends in their closing and funding activity over the course of a month.

SIGMA LITHIUM IS AWARDED BY BNDES A LETTER OF INTENTION FOR DEVELOPMENT BANK DEBT TO FUND CONSTRUCTION OF ITS ENVIRONMENTALLY FULLY LICENSED SECOND GREENTECH INDUSTRIAL LITHIUM PLANT

Retrieved on: 
Monday, February 12, 2024

SÃO PAULO, Feb. 12, 2024 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce that it received a Letter of Intention for a project finance credit line ("Development Bank Credit Line") from the Development Bank of the Brazil (the "BNDES"). The Development Bank Credit Line will be used for the expansion of the Company's world class unique Quintuple Zero Green Lithium Grota do Cirilo project in Vale do Jequitinhonha in Brazil (the "Project").

Key Points: 
  • Sigma Lithium completed the certification process with BNDES, which included the filing of the final FEL3 Capex for Construction and Engineering of the Second Greentech Plant totaling R$ 492,4 million or approximately US$ 100 million
    The Letter of Intention by BNDES outlines its intention to extend the Company development bank debt financing ("Development Bank Debt") to fund the Second Greentech industrial lithium concentrate production plant ("Second Greentech Plant") at Vale do Jequitinhonha in Brazil.
  • The Second Greentech Plant will introduce additional innovations that will further increase the efficiency of its industrial process to beneficiate spodumene ore into Quintuple Zero Green Lithium.
  • Ana Cabral-Gardner, CEO and Co-Chairman said: "We are honored and delighted with the Letter of Intention received today from BNDES.
  • Having BNDES as a creditor represents the support of the government of Brazil to Sigma Lithium's industrial expansion plans at Vale do Jequitinhonha."

Lithium Ionic drills 2.45% Li2O over 9.1m and 1.61% Li2O over 11.9m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, November 15, 2023

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “These latest drill results continue to bolster our efforts to expand and enhance the Bandeira project for our upcoming Feasibility Study.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 1.64% Li2O over 13.5m, 2.18% Li2O over 5.8m and 1.95% Li2O over 5.7m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Monday, November 6, 2023

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • In October 2023, an updated MRE at Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 2.11% Li2O over 9.9m, 1.73% Li2O over 10.4m and 1.68% Li2O over 10.0m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Today's drill results underscore the continued growth potential of Bandeira – a property which represents only approximately 1% of our total land package in this prolific lithium belt.
  • The new mineral resource estimate we reported earlier this month for Bandeira reflects a snapshot in time, based on data up to August 2023.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 1.94% Li2O over 15.0m, 1.91% Li2O over 9.8m and 1.68% Li2O over 9.1m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, September 27, 2023

This region, recently coined “Lithium Valley” by state officials and geologically located within the Eastern Brazil Pegmatite Province, is emerging as a prolific hard rock lithium-producing region.

Key Points: 
  • This region, recently coined “Lithium Valley” by state officials and geologically located within the Eastern Brazil Pegmatite Province, is emerging as a prolific hard rock lithium-producing region.
  • These results form part of a large 50,000-metre drill program underway for H2 2023, with 13 drills currently operating.
  • The Company is rapidly advancing the Bandeira deposit towards a production decision, while it continues to explore and define regional targets.
  • The LAC is an accelerated permitting scenario available to projects whose mine infrastructure covers a small footprint where deforestation is not required.

iQ Credit Union Partners with FirstClose to Support Growth

Retrieved on: 
Wednesday, September 6, 2023

iQ Credit Union serves more than 100,000 members with 16 branches in Southwest Washington and Portland.

Key Points: 
  • iQ Credit Union serves more than 100,000 members with 16 branches in Southwest Washington and Portland.
  • The credit union has used FirstClose Equity as its settlement services order management platform since 2018.
  • "Credit unions, like iQ Credit Union, are looking for better ways to help their members reach their financial goals by tapping the $28 trillion home equity market," said Tedd Smith, Chief Executive Officer at FirstClose.
  • We are pleased to have iQ Credit Union as a client and look forward to helping them capitalize on this growing market."

Inmotive's Ingear Confirmed as World's Most Efficient Two-Speed Transmission for EVs by Major Global OEM

Retrieved on: 
Thursday, July 13, 2023

TORONTO, July 13, 2023 /PRNewswire/ -- Inmotive has received confirmation from a major global OEM that its Ingear™ two-speed EV transmission is the world's most efficient two-speed transmission for electric vehicles – a claim Inmotive has made since the launch of the EV technology based on its own in-house testing.

Key Points: 
  • Simulation s show a two-speed Ingear increases EV range by 7-13% compared to the range of a single speed.
  • Beyond the major OEM, in May 2021 Inmotive reported a Tier One automotive supplier had confirmed the results , as has another Tier One transmission supplier since.
  • "Having a major, global OEM confirm that our Ingear is in fact the world's most efficient two-speed transmission for electric vehicles validates our design and highlights the value we're ready to deliver to the market," said Paul Bottero, CEO, Inmotive.
  • Beyond efficiency validation, Inmotive has successfully completed the initial robustness and durability testing of the Ingear transmission.