LATVIA

Lithuanian Biotech Pioneer 'Nando' Embarks on Global Expansion With New Management Team and Innovative Production Line

Retrieved on: 
Tuesday, May 7, 2024

KAUNAS, LITHUANIA, May 7, 2024 - (ACN Newswire) - In a strategic enhancement of its management team, "Nando" welcomes four seasoned professionals, each bringing a wealth of experience from reputable organizations.

Key Points: 
  • KAUNAS, LITHUANIA, May 7, 2024 - (ACN Newswire) - In a strategic enhancement of its management team, "Nando" welcomes four seasoned professionals, each bringing a wealth of experience from reputable organizations.
  • This investment boosts production volume, enhances productivity, and ensures competitive pricing to meet the escalating market demand.
  • Justinas Taruska, CEO of "Nando", stated, "Our main goal is to feature a highly automated biotechnological production line.
  • The new production line is renowned for its unique microorganism purification technology, a rarity in the entire Baltic region.

Lisata Therapeutics Reports First Quarter 2024 Financial Results and Provides Business Update

Retrieved on: 
Thursday, May 9, 2024

BASKING RIDGE, N. J., May 09, 2024 (GLOBE NEWSWIRE) -- Lisata Therapeutics, Inc. (Nasdaq: LSTA) (“Lisata” or the “Company”), a clinical-stage pharmaceutical company developing innovative therapies for the treatment of advanced solid tumors and other serious diseases, provided a business update and reported financial results for the three months ended March 31, 2024.

Key Points: 
  • “2024, a pivotal year for Lisata, is off to a very strong start,” stated David J. Mazzo, Ph.D., President and Chief Executive Officer of Lisata.
  • The trial is actively enrolling with enrollment completion expected by the end of the third quarter of 2024.
  • As of March 31, 2024, Lisata had cash, cash equivalents, and marketable securities of approximately $43.3 million.
  • Lisata will hold a live conference call today, May 9, 2024, at 4:30 p.m. Eastern Time to discuss financial results, provide a business update and answer questions.

Announcing 500 Global in Eurasia Based in Georgia, Sixth Batch of the 500 Global Accelerator Program in Georgia Kicks Off

Retrieved on: 
Monday, May 6, 2024

500 Global , one of the world’s most active venture capital firms1, in partnership with Georgia’s Innovation and Technology Agency (GITA) and Bank of Georgia, announced 500 Global in Eurasia based in Georgia, a strategy to find, select and accelerate startups with the highest potential across the Eurasia region through the 500 Global Accelerator Program in Georgia (“the Program”).

Key Points: 
  • 500 Global , one of the world’s most active venture capital firms1, in partnership with Georgia’s Innovation and Technology Agency (GITA) and Bank of Georgia, announced 500 Global in Eurasia based in Georgia, a strategy to find, select and accelerate startups with the highest potential across the Eurasia region through the 500 Global Accelerator Program in Georgia (“the Program”).
  • GITA and Bank of Georgia will continue to play pivotal parts in the Program’s success as foundational partners of 500 Global’s regional efforts.
  • “500 Georgia was the inception of 500 Global in Eurasia.
  • Starting in 2022, as part of a four-year-long partnership agreement between 500 Global, Georgia’s Innovation and Technology Agency and Bank of Georgia, the 500 Global in Eurasia team has and will continue to run an accelerator program in Tbilisi, Georgia twice a year.

KBR Awarded $771M in LOGCAP Contract Options to Provide Logistics and Life Support Services to U.S. Army EUCOM and NORTHCOM

Retrieved on: 
Monday, April 29, 2024

HOUSTON, April 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) under the Logistics Civil Augmentation Program (LOGCAP) V contract.

Key Points: 
  • HOUSTON, April 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) under the Logistics Civil Augmentation Program (LOGCAP) V contract.
  • Under the terms of the contract, KBR will continue to provide life support, equipment readiness, training and supply chain solutions to the U.S. Army.
  • In addition, KBR provides LOGCAP support to the National Training Center at Fort Irwin, California, and supports military exercises across NORTHCOM and EUCOM.
  • In Europe, KBR currently supports LOGCAP operations in Bulgaria, Germany, Italy, Kosovo, Latvia, Lithuania, Poland, Romania and Turkey.

EQS-News: Hawesko Group defies challenging market conditions: Sales and profitability remain at a high level in 2023

Retrieved on: 
Friday, May 3, 2024

Hawesko Group defies challenging market conditions: Sales and profitability remain at a high level in 2023

Key Points: 
  • Hawesko Group defies challenging market conditions: Sales and profitability remain at a high level in 2023
    The issuer is solely responsible for the content of this announcement.
  • Hawesko Group defies challenging market conditions: Sales and profitability remain at a high level in 2023
    Hawesko Group holds its own in a challenging environment with falling consumer spending and a declining wine market: sales are almost on a par with the previous year.
  • Thorsten Hermelink, CEO of the Hawesko Group, commented as follows: "In the 2023 financial year, we succeeded in continuing our development of recent years at a high level, despite a very tricky economic environment.
  • The persistently challenging market conditions already led to systematic cost reductions in all segments of the Hawesko Group at the start of 2023.

AgEagle Aerial Systems eBee VISION Drones Impress at Global Government and Military Events

Retrieved on: 
Thursday, April 18, 2024

WICHITA, Kan., April 18, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, today announces the Company’s recent eBee VISION UAS showcase events conducted in collaboration with various trusted partners across the globe.

Key Points: 
  • The Company showcased the eBee VISION UAS for the following government and military entities.
  • European and Brazilian Military Forces: Various events and meetings held in Europe and Brazil composed of representatives from military forces in Switzerland, Estonia, Latvia, Lithuania, Slovenia, Slovakia, Poland, Malta, Germania, Turkey and Brazil.
  • Events of this nature help AgEagle further solidify its competitive differentiation and value proposition while shaping new relationships with potential customers and strategic counterparts.
  • As we continue to grow our sales pipeline, we remain committed to building revenue growth and long-term shareholder value.”

Latvia Construction Industry Report 2024-2028: Latest News and Developments, Project Analytics, Market Data, Risk Profile - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 1, 2024

The "Latvia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latvia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
  • Furthermore, a fall in export activity and a global economic slowdown amid the ongoing geopolitical tension are likely to deteriorate the performance of the construction industry in the short term.
  • To support this target, Latvia is focusing on increasing the capacity of renewable energy across the country.
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Latvia, featuring details of key growth drivers.

Innoviz Reaches a Key Milestone with Successful Winter Test of InnovizTwo LiDAR and AI-Powered Perception Software, Showcasing Significant Progress and New Opportunities

Retrieved on: 
Thursday, April 18, 2024

TEL AVIV, Israel, April 18, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, announced today the successful completion of a winter test for its InnovizTwo LiDAR and Perception Software, a key engineering and R&D achievement.

Key Points: 
  • IInnoviz uses winter tests to measure and scrutinize the Company's products for thousands of kilometers.
  • The data and insights accumulated are used to improve Innoviz's proprietary AI-backed software and hardware solutions.
  • Ahead of the drive, Innoviz received TÜV SÜD Certification Mark for Roof Racks, establishing an essential industry benchmark, approving the LiDAR roof setup to operate on roads.
  • The number of LiDAR scanners to be sold in 2035 is likely to be more than double according to IHS.

President of Poland Andrzej Duda to visit Canada

Retrieved on: 
Monday, April 15, 2024

OTTAWA, ON, April 15, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced that the President of Poland, Andrzej Duda, will visit Canada from April 18 to 23, 2024.

Key Points: 
  • OTTAWA, ON, April 15, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced that the President of Poland, Andrzej Duda, will visit Canada from April 18 to 23, 2024.
  • President Duda's visit to Canada will be an opportunity to deepen bilateral ties and make life better for people on both sides of the Atlantic.
  • I look forward to welcoming President Duda to Canada and deepening the partnership between our two countries.
  • This will be President Duda's second visit to Canada, and the first visit by a Polish Head of State to Western Canada.

Press release - Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Retrieved on: 
Thursday, April 25, 2024

Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Key Points: 
  • Parliament celebrates the 20th anniversary of the EU’s biggest enlargement
    On Wednesday morning, MEPs, EU and member state representatives, and young people born 20 years ago, marked the entry into the EU of ten countries in May 2004.
  • EP President Roberta Metsola, Commission President Ursula von der Leyen, former EP President Pat Cox, and former Commission President Romano Prodi participated in a formal sitting of Parliament to mark the 20th anniversary of the 2004 EU enlargement.
  • Addressing the ceremony, European Parliament President Roberta Metsola said:
    ”In these past two decades, Europe has been met with unprecedented challenges.
  • The transformative effect of EU enlargement on the lives of generations of Europeans is without any doubt.