Traceability

ReposiTrak Increases Net Income and Earnings Per Share 17% on 8% Revenue Growth in Fiscal 2024 Second Quarter

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星期三, 二月 14, 2024

Recurring revenue increased 8%, net of the planned elimination of high-touch, low-opportunity revenue, to $5.13 million from $4.74 million, representing approximately 99% of total revenue.

Key Points: 
  • Recurring revenue increased 8%, net of the planned elimination of high-touch, low-opportunity revenue, to $5.13 million from $4.74 million, representing approximately 99% of total revenue.
  • During the quarter, the Company repurchased 22,012 common shares at an average price of $8.79 per share for a total of $193,492.
  • Net income to common shareholders was $1.30 million, or $0.07 per diluted share, compared to $1.12 million, or $0.06 per diluted share.
  • Net income to common shareholders was $2.54 million, or $0.14 per basic share and diluted share, compared to $2.26 million, or $0.12 per basic and diluted share.

The EU's 5 Million Digital Product Passports in 2027 Will Transform EV Battery Industry by Enabling Supply Chain Traceability

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星期二, 二月 6, 2024

LONDON, Feb. 6, 2024 /PRNewswire/ -- Amid a growing demand for sustainable choices, businesses and consumers face challenges in making informed decisions due to data gaps in supply chains. The Digital Product Passport (DPP), pioneered by the European Union, aims to simplify this task. Between 2026 and 2027, DPPs will be first implemented in the greatest environmental impact product group, batteries & vehicles. According to global technology intelligence firm ABI Research, in 2027, over 5 million BEVs will be sold with a Battery Digital Passport in Western Europe, where global manufacturers will have to start creating battery Life-Cycle Assessments (LCAs) by 2025. LCAs provide the critical information needed to generate Battery Passports.

Key Points: 
  • The Digital Product Passport (DPP), pioneered by the European Union, aims to simplify this task.
  • Between 2026 and 2027, DPPs will be first implemented in the greatest environmental impact product group, batteries & vehicles.
  • "The Digital Product Passport will be a game-changer promoting traceability, material and energy efficiency, and repair-based business models," says Rithika Thomas, Sustainable Technologies Industry Analyst at ABI Research.
  • These findings are from ABI Research's Digital Product Passports: Tech-Driven Sustainability and Traceability for EV Batteries, Construction Materials and Pilot Use Cases .

The EU's 5 Million Digital Product Passports in 2027 Will Transform EV Battery Industry by Enabling Supply Chain Traceability

Retrieved on: 
星期二, 二月 6, 2024

LONDON, Feb. 6, 2024 /PRNewswire/ -- Amid a growing demand for sustainable choices, businesses and consumers face challenges in making informed decisions due to data gaps in supply chains. The Digital Product Passport (DPP), pioneered by the European Union, aims to simplify this task. Between 2026 and 2027, DPPs will be first implemented in the greatest environmental impact product group, batteries & vehicles. According to global technology intelligence firm ABI Research, in 2027, over 5 million BEVs will be sold with a Battery Digital Passport in Western Europe, where global manufacturers will have to start creating battery Life-Cycle Assessments (LCAs) by 2025. LCAs provide the critical information needed to generate Battery Passports.

Key Points: 
  • The Digital Product Passport (DPP), pioneered by the European Union, aims to simplify this task.
  • Between 2026 and 2027, DPPs will be first implemented in the greatest environmental impact product group, batteries & vehicles.
  • "The Digital Product Passport will be a game-changer promoting traceability, material and energy efficiency, and repair-based business models," says Rithika Thomas, Sustainable Technologies Industry Analyst at ABI Research.
  • These findings are from ABI Research's Digital Product Passports: Tech-Driven Sustainability and Traceability for EV Batteries, Construction Materials and Pilot Use Cases .

Ispire Technology Inc. Announces Opening of New ISO- and GMP-Certified Malaysia Manufacturing Facility

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星期一, 二月 5, 2024

LOS ANGELES, Feb. 5, 2024 /PRNewswire/ -- Ispire Technology Inc. ("Ispire" or the "Company") (NASDAQ: ISPR), a leader in the development and commercialization of vaping technology and precision dosing, announced the opening of its new ISO- and GMP-certified 31,000 sq. ft. manufacturing facility in Malaysia, which is poised to help expedite market entry for businesses seeking to enhance their cannabis and nicotine product lines.

Key Points: 
  • ft. manufacturing facility in Malaysia, which is poised to help expedite market entry for businesses seeking to enhance their cannabis and nicotine product lines.
  • Located in Senai, Ispire's facility recently secured certifications including: ISO9001:2015 Quality Management System; ISO14001:2015 Environmental Management System; and ISO13485:2016 Quality Management System Medical Device.
  • "The inauguration of our ISO- and GMP-certified vapor device facility in Malaysia marks a significant milestone in our Company's journey," said Ispire Technology Co-Chief Executive Officer Michael Wang .
  • This facility adheres to established standards and reflects the dedication of our team in establishing a manufacturing facility that sets the worldwide industry standard for vaporized products."

Coherent Introduces ExactWeld 410 Laser Welding System for Medical Device Manufacturing

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星期四, 二月 1, 2024

PITTSBURGH, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in industrial lasers for precision manufacturing, today introduced the ExactWeld 410 laser welding system for medical device manufacturing.

Key Points: 
  • PITTSBURGH, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in industrial lasers for precision manufacturing, today introduced the ExactWeld 410 laser welding system for medical device manufacturing.
  • Medical devices are increasingly relied on to improve patient quality of life and longevity, driving the rapidly growing demand for high-quality and high-reliability precision welding in medical device manufacturing.
  • The ExactWeld 410 from Coherent is a new system that excels at the most demanding requirements for precision welding of medical devices.
  • Besides precision welding, Coherent offers the medical manufacturing industry a full range of laser systems for cutting and marking with its StarCut Tube , ExactCut , and ExactMark systems.

Solidsoft Reply Spearheads Ground-breaking Migration of Finland’s National Medicines Verification System

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星期四, 二月 1, 2024

Solidsoft Reply , a Reply Group company specialising in creating Microsoft Azure cloud-based enterprise solutions, has successfully migrated Finland's National Medicines Verification System to its National Blueprint solution.

Key Points: 
  • Solidsoft Reply , a Reply Group company specialising in creating Microsoft Azure cloud-based enterprise solutions, has successfully migrated Finland's National Medicines Verification System to its National Blueprint solution.
  • National Blueprint Solution is Solidsoft Reply's Own National Verification System - A system built on Microsoft Azure cloud technology to verify medicines in accordance to the EU Falsified Medicines Directive (FMD) .
  • This notable accomplishment marks a pioneering step for the European Medicines Verification System (EMVS).
  • David Eccles, Partner at Solidsoft Reply, remarked, “This successful migration is not just a remarkable achievement but also a testament to our engineering expertise and collaborative ethos at Solidsoft Reply.

TrusTrace Completes (U.S.) $24 Million Growth Investment Led by Circularity Capital to Drive Global Expansion

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星期四, 一月 18, 2024

STOCKHOLM, Jan. 18, 2024 /PRNewswire/ -- TrusTrace , a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital , a specialist investor in businesses that enable the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital .

Key Points: 
  • STOCKHOLM, Jan. 18, 2024 /PRNewswire/ -- TrusTrace , a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital , a specialist investor in businesses that enable the circular economy, with participation from existing investors Industrifonden and Fairpoint Capital .
  • The completion of this growth investment is further evidence that businesses see traceability as critical to achieving their sustainability goals.
  • Notable TrusTrace customers include adidas, Brooks Running, Tapestry, Asics, Primark and many more of the world's largest apparel, footwear and luxury brands.
  • With more than a billion products now tracked through the platform, TrusTrace has established itself as a business-critical solution for supply chain traceability.

IFT’s Global Food Traceability Center Launches Enterprise Traceability Education Suite to Boost Organizational Traceability Awareness

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星期二, 一月 9, 2024

IFT’s Global Food Traceability Center has launched an Enterprise Traceability Education Suite, which empowers organizations to train their employees on key traceability concepts, prepare for incoming regulations, and take steps to reduce the impact of recalls.

Key Points: 
  • IFT’s Global Food Traceability Center has launched an Enterprise Traceability Education Suite, which empowers organizations to train their employees on key traceability concepts, prepare for incoming regulations, and take steps to reduce the impact of recalls.
  • From a basic awareness of food traceability principles to detailed guides on how to design, implement, evaluate, and enhance an organization’s traceability system, the self-paced courses are thoughtfully designed to educate professionals across all levels and business areas.
  • The Enterprise Traceability Education Suite will help organizations create a traceability plan and get its staff aligned on traceability best practices moving forward,” said IFT Chief Science and Technology Officer Bryan Hitchcock.
  • Part of the Institute of Food Technologists , the Global Food Traceability Center develops resources, tools, and training and offers customizable services to help industry, regulators, and NGOs implement end-to-end, event-based, interoperable traceability.

Verofax is among the Top UAE Future100 to Positively Impact the Nation's Future Economy!

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星期四, 十二月 14, 2023

This recognition underscores Verofax's pivotal role in contributing positively to the UAE's economy and enhancing its preparedness for the future.

Key Points: 
  • This recognition underscores Verofax's pivotal role in contributing positively to the UAE's economy and enhancing its preparedness for the future.
  • The prestigious unveiling of the Future100 took place at the Award Ceremony hosted at the Museum of the Future, symbolizing a momentous occasion in recognizing and celebrating innovation.
  • Future100 has recognized Verofax for its innovative technology in decarbonizing industries and boosting the competitiveness of the country's Industrial sectors.
  • With Verofax emission verification and commodity passporting, exporters have a great opportunity to trail a path towards export growth."

Verofax is selected by PwC Middle East among Top Future50 climatech start-up

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星期三, 十一月 22, 2023

PwC Middle East revealed the 50 pioneering start-ups in the Middle East at Net Zero Future50' launch event highlighting the groundbreaking technologies and achievements in climate management and carbon emissions reporting, in addition to opportunities and challenges in growing and scaling climate tech businesses.

Key Points: 
  • PwC Middle East revealed the 50 pioneering start-ups in the Middle East at Net Zero Future50' launch event highlighting the groundbreaking technologies and achievements in climate management and carbon emissions reporting, in addition to opportunities and challenges in growing and scaling climate tech businesses.
  • Dr Yahya Anouti, Partner at Strategy& and Sustainability Leader at PwC Middle East, said: "Climate tech innovation in the Middle East is being driven by some of the most dynamic entrepreneurs in our region, championing new technologies to accelerate the path to net zero.
  • The PwC Net Zero Future50 - Middle
    East report identifies leading organisations in this space, and discusses the challenges they face in their ambition to grow and scale.
  • Patricia Keating, Scale Lead at PwC Middle East, mentioned "In our analyses of the Middle East climate technology landscape, we see the founders of climate tech companies driving innovation that's helping to reduce emissions and accelerate decarbonisation.