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WEC Energy Group announces hydrogen power pilot program

Retrieved on: 
Tuesday, January 25, 2022

MILWAUKEE, Jan. 25, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that it is leading a pilot project to test hydrogen as a fuel source for power generation.

Key Points: 
  • MILWAUKEE, Jan. 25, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that it is leading a pilot project to test hydrogen as a fuel source for power generation.
  • During the pilot project, hydrogen and natural gas will be mixed up to a 25/75 percent blend to power one of the generating units that serves customers of Upper Michigan Energy Resources, a WEC Energy Group subsidiary.
  • We look forward to working with WEC Energy Group and other energy stakeholders throughout the clean energy transition."
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.

Spectra7 Announces Preliminary Fourth Quarter 2021 Revenue and Record Order Backlog Entering 2022

Retrieved on: 
Monday, January 24, 2022

SAN JOSE, Calif., Jan. 24, 2022 /PRNewswire/ -- (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced preliminary selected and unaudited financial results and a business update for the three month period ended December 31, 2021, and its initial outlook for fiscal 2022. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

Key Points: 
  • Preliminary fourth quarter revenue of $2.6 million, up approximately 600% year-over-year1
    Total order backlog of approximately $9 million entering 2022, with Q1 order demand starting at $6 million
    Full-year 2022 unconstrained product demand is expected to exceed $20 million, with revenue realization within the year potentially constrained by supply availability 3
    "We had a very strong close to fiscal 2021 with hyperscale product sales driving fourth quarter revenue to a record high since our pivot into the data center market," said Raouf Halim, Chief Executive Officer.
  • "Our visibility into 2022 has improved significantly as we start the new year with total order backlog of more than $9 million.
  • "3
    The Company expects to report revenue of approximately $2.6 million for the fourth quarter of 2021, compared with $1.6 million in the third quarter of 2021 and $0.4 million in the fourth quarter of 2020.
  • Gross margin2 as a percentage of revenue in the fourth quarter is forecasted to be approximately 59% compared with 57% in the third quarter of 2021 and 51% in the fourth quarter of 2020.

AudioCodes Appoints Chief Strategy Officer

Retrieved on: 
Monday, January 24, 2022

LOD, Israel, Jan. 24, 2022 /PRNewswire/ --AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and services to increase productivity in the digital workplace, today announced the appointment of Mr. Dmitry Netis as Chief Strategy Officer effective immediately.

Key Points: 
  • LOD, Israel, Jan. 24, 2022 /PRNewswire/ --AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and services to increase productivity in the digital workplace, today announced the appointment of Mr. Dmitry Netis as Chief Strategy Officer effective immediately.
  • "AudioCodes is fortunate to have someone of Dmitry's caliber with a vast global network of connections and Wall Street investment banking and analytical research experience joining our team, and I am looking forward to being able to tap into his vision and creativity," said Mr. Shabtai Adlersberg, President and Chief Executive Officer at AudioCodes.
  • Follow AudioCodes' social media channels:
    AudioCodes invites you to join our online community and follow us on: AudioCodes Voice Blog , LinkedIn , Twitter , Facebook , and YouTube .
  • AudioCodes, AC, HD VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What's Inside Matters, OSN, SmartTAP, User Management Pack, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, VocaNom, AudioCodes One Voice, AudioCodes Meeting Insights, AudioCodes Room Experience and CloudBond are trademarks or registered trademarks of AudioCodes Limited.

TScan Therapeutics Announces FDA Clearance of Investigational New Drug Application for TSC-100 for the Treatment of Hematologic Malignancies

Retrieved on: 
Monday, January 24, 2022

WALTHAM, Mass., Jan. 24, 2022 (GLOBE NEWSWIRE) -- TScan Therapeutics, Inc. (Nasdaq: TCRX), a biopharmaceutical company focused on the development of T-cell receptor (TCR) engineered T cell therapies (TCR-T) for the treatment of patients with cancer, today announced that the U.S. Food and Drug Administration (FDA) has cleared its investigational new drug (IND) application to evaluate TSC-100 for the treatment of patients with hematologic malignancies who are undergoing allogeneic hematopoietic cell transplantation (HCT). The target of TSC-100 is the minor histocompatibility antigen HA-1, which is a lineage-specific antigen found on blood cells. The Company will now submit the clinical protocol to Institutional Review Boards (IRB) for the initial study sites and expects to begin dosing patients in the first half of 2022.

Key Points: 
  • The target of TSC-100 is the minor histocompatibility antigen HA-1, which is a lineage-specific antigen found on blood cells.
  • TSC-101 is targeted to the lineage-specific blood cell antigen HA-2, which is a novel target for cell therapy.
  • We will be opening the TSC-101 arm upon FDA clearance of the TSC-101 IND.
  • Any forward-looking statement included in this press release speaks only as of the date on which it was made.

Canoe Mining Ventures Announces Private Placement Financing

Retrieved on: 
Friday, January 21, 2022

Toronto, Ontario--(Newsfile Corp. - January 21, 2022) - Canoe Mining Ventures Corp. (TSXV: CLV) ( the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of CDN$500,000 through the issuance of 6,250,000 units in the capital of the Company (the "Units") at a price of $0.08 per Unit (the "Offering").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 21, 2022) - Canoe Mining Ventures Corp. (TSXV: CLV) ( the "Company") is pleased to announce a non-brokered private placement financing for gross proceeds of CDN$500,000 through the issuance of 6,250,000 units in the capital of the Company (the "Units") at a price of $0.08 per Unit (the "Offering").
  • Gross proceeds raised from the Offering will be used for working capital and general corporate purposes.
  • Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange.
  • The reader is cautioned not to place undue reliance on and the Company relies on litigation protection for forward-looking statements.

Consolidated Water Wins Two Major Contracts: One to Design an Advanced Water Reuse Facility in Arizona, Another to Provide Manufacturing and Installation Services for a 20 MGD Groundwater Treatment Facility in Florida

Retrieved on: 
Friday, January 21, 2022

The new contract involves the design of a WRF in the city of Goodyear, Arizona for Liberty Utilities .

Key Points: 
  • The new contract involves the design of a WRF in the city of Goodyear, Arizona for Liberty Utilities .
  • PERC Water has been a part of Libertys efforts to build this new treatment facility since 2018.
  • In 2017, PERC Water and Overaa Construction completed the expansion of Libertys Palm Valley Water Reclamation Facility also located in Goodyear.
  • Consolidated Water Co. Ltd. develops and operates advanced water supply and treatment plants and water distribution systems.

RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Retrieved on: 
Friday, January 21, 2022

RLJ Lodging Trust (the Company) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2021, after the markets close on February 23, 2022.

Key Points: 
  • RLJ Lodging Trust (the Company) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2021, after the markets close on February 23, 2022.
  • The Company will also host a conference call on February 24, 2022, at 10:00 a.m. (Eastern Time).
  • The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trusts fourth quarter earnings conference call.
  • RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.

Sierra Bancorp Declares Quarterly Cash Dividend

Retrieved on: 
Friday, January 21, 2022

Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.

Key Points: 
  • Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share.
  • Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter.
  • The dividend noted in todays announcement marks the Companys 92nd consecutive quarterly cash dividend.
  • Sierra Bancorp is the holding company for Bank of the Sierra ( www.bankofthesierra.com ), which is in its 45th year of operations and is the largest independent bank headquartered in the South San Joaquin Valley.

Rupert Resources Reports Results for 3 and 9 Months Ending November 30, 2021

Retrieved on: 
Friday, January 21, 2022

Mineral Resources do not include Mineral Reserves and do not have demonstrated economic viability.

Key Points: 
  • Mineral Resources do not include Mineral Reserves and do not have demonstrated economic viability.
  • There is no certainty that any part of the Mineral Resources will be converted to Mineral Reserves.
  • During the nine months ended November 30, 2021, the Company spent $16,513,835 (9 months ended November 30, 2020 $10,540,853) on its exploration projects.
  • Rupert Resources is a gold exploration and development company listed on the TSX Venture Exchange under the symbol RUP.

Velodyne Lidar Named Finalist for 2022 SXSW Innovation Awards

Retrieved on: 
Thursday, January 20, 2022

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution was selected as a finalist for the 24th annual SXSW Innovation Awards taking place March 14 during the South by Southwest (SXSW) Conference and Festivals.

Key Points: 
  • Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced its Intelligent Infrastructure Solution was selected as a finalist for the 24th annual SXSW Innovation Awards taking place March 14 during the South by Southwest (SXSW) Conference and Festivals.
  • View the full release here: https://www.businesswire.com/news/home/20220120005876/en/
    Velodyne Lidar announced its Intelligent Infrastructure Solution was named a finalist for the 24th annual SXSW Innovation Awards at the South by Southwest (SXSW) Conference and Festivals.
  • (Photo Credit: Velodyne Lidar)
    Velodynes Intelligent Infrastructure Solution is a finalist in the Smart Cities, Transportation & Delivery Awards category.
  • The SXSW award recognition demonstrates the innovation our Intelligent Infrastructure Solution delivers in transforming infrastructure to make communities smarter and safer today, said Sally Frykman, Chief Marketing Officer, Velodyne Lidar.