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Kratos Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

SAN DIEGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its third quarter 2023 financial results, including Revenues of $274.6 million, Operating Income of $12.2 million, Net Loss of $1.6 million, Adjusted EBITDA of $27.7 million and a consolidated book to bill ratio of 1.0 to 1.0.

Key Points: 
  • Adjusted earnings per share (EPS) was $0.12 for the third quarter of 2023, compared to $0.08 for the third quarter of 2022.
  • Third quarter 2023 Revenues of $274.6 million increased $46.0 million, reflecting 20.1 percent organic growth, from third quarter 2022 Revenues of $228.6 million.
  • Third quarter 2023 Cash Flow Used from Operations was $0.1 million, reflecting the working capital requirements associated with the 6.9 percent sequential revenue growth of $17.7 million from the second quarter of 2023.
  • Consolidated Days Sales Outstanding continued to improve from 120 in the second quarter of 2023 to 117 days in the third quarter of 2023.

Large Format Printer Market worth $10.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 24, 2023

Together, these elements synergistically promote the growing adoption of UV-cured ink within the printing and graphic arts industry.

Key Points: 
  • Together, these elements synergistically promote the growing adoption of UV-cured ink within the printing and graphic arts industry.
  • In 2022, the ink-based technology segment dominated the large format printer market, and this prevailing trend is expected to continue in the forecast period.
  • The Asia Pacific (APAC) region is held for substantial growth in the large format printer industry due to several key factors.
  • As a result, the large format printer industry in Asia Pacific is expected to exhibit the highest growth rate during the forecast period.

Large Format Printer Market worth $10.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 24, 2023

Together, these elements synergistically promote the growing adoption of UV-cured ink within the printing and graphic arts industry.

Key Points: 
  • Together, these elements synergistically promote the growing adoption of UV-cured ink within the printing and graphic arts industry.
  • In 2022, the ink-based technology segment dominated the large format printer market, and this prevailing trend is expected to continue in the forecast period.
  • The Asia Pacific (APAC) region is held for substantial growth in the large format printer industry due to several key factors.
  • As a result, the large format printer industry in Asia Pacific is expected to exhibit the highest growth rate during the forecast period.

RFID Market worth $40.9 billion by 2032 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 17, 2023

The Logistics & Supply Chain application is expected to hold the largest market share of the RFID tags market during the forecast period.

Key Points: 
  • The Logistics & Supply Chain application is expected to hold the largest market share of the RFID tags market during the forecast period.
  • RFID tags have proven invaluable to government authorities for asset monitoring and ensuring the legal flow of products.
  • The Label Form Factor segment of RFID Tags is expected to hold the highest market share of the RFID tags market during the forecast period.
  • The Asia Pacific RFID market is projected to have the highest market share during the forecast period.

RFID Market worth $40.9 billion by 2032 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 17, 2023

The Logistics & Supply Chain application is expected to hold the largest market share of the RFID tags market during the forecast period.

Key Points: 
  • The Logistics & Supply Chain application is expected to hold the largest market share of the RFID tags market during the forecast period.
  • RFID tags have proven invaluable to government authorities for asset monitoring and ensuring the legal flow of products.
  • The Label Form Factor segment of RFID Tags is expected to hold the highest market share of the RFID tags market during the forecast period.
  • The Asia Pacific RFID market is projected to have the highest market share during the forecast period.

COMMUNICATIONS & POWER INDUSTRIES TO SUPPORT PERATON IN PROVIDING GATEWAY ANTENNAS FOR NASA LEGS PROGRAM

Retrieved on: 
Tuesday, October 10, 2023

PALO ALTO, Calif., Oct. 10, 2023 /PRNewswire/ -- The Antenna Technologies division of Communications & Power Industries (CPI) has received a subcontract valued at more than $30 million to provide earth station antennas for the NASA Space Communications and Navigation (SCaN) program's Lunar Exploration Ground Sites (LEGS) project. The subcontract was awarded to CPI by Peraton, a national security company, as part of its multiyear Space Exploration Network Services and Evolution (SENSE) contract from NASA for telemetry, tracking and command (TT&C) services for near-Earth missions.

Key Points: 
  • CPI will provide three 20-meter diameter gateway antenna systems, operating in X-band and Ka-band for the three LEGS sites, equally spaced around the planet to enable near-continuous direct-to-Earth communications and navigation services.
  • The LEGS antennas will ease coverage demands on SCaN's Deep Space Network, or DSN.
  • These communications services are critical to NASA's Artemis exploration program and other lunar and cis-lunar missions, as they keep Artemis astronauts on the Moon connected with their support teams on Earth.
  • The antennas are compliant with the requirements of planned lunar relay satellite constellations and NASA's LEGS program.

WILLOW AND SUANFARMA ANNOUNCE COLLABORATION ON DEVELOPMENT OF LARGE VOLUME ANTI-INFECTIVE API THROUGH PRECISION FERMENTATION

Retrieved on: 
Tuesday, October 3, 2023

SUNNYVALE, Calif., Oct. 3, 2023 /PRNewswire/ - Willow Biosciences Inc., ("Willow") (TSX: WLLW) (OTCQB: CANSF) and SUANFARMA today jointly announced execution of a collaboration agreement for a cell line productivity optimization development program for manufacturing a large volume anti-infective Active Pharmaceutical Ingredient ("API") through precision fermentation.

Key Points: 
  • SUNNYVALE, Calif., Oct. 3, 2023 /PRNewswire/ - Willow Biosciences Inc., ("Willow") (TSX: WLLW) (OTCQB: CANSF) and SUANFARMA today jointly announced execution of a collaboration agreement for a cell line productivity optimization development program for manufacturing a large volume anti-infective Active Pharmaceutical Ingredient ("API") through precision fermentation.
  • Through the partnership, SUANFARMA will have access to Willow's proprietary strain optimization technologies to develop a more cost-effective production process.
  • SUANFARMA has engaged Willow to apply its strain engineering technology platform to enable more cost-effective commercial production of the API at SUANFARMA's manufacturing site.
  • SUANFARMA CDMO offers a comprehensive approach to Technology Transfer, aiming to reduce risks and enhance success within their global project management strategy.

WILLOW AND SUANFARMA ANNOUNCE COLLABORATION ON DEVELOPMENT OF LARGE VOLUME ANTI-INFECTIVE API THROUGH PRECISION FERMENTATION

Retrieved on: 
Tuesday, October 3, 2023

SUNNYVALE, Calif., Oct. 3, 2023 /PRNewswire/ -- Willow Biosciences Inc., ("Willow") (TSX: WLLW) (OTCQB: CANSF) and SUANFARMA today jointly announced execution of a collaboration agreement for a cell line productivity optimization development program for manufacturing a large volume anti-infective Active Pharmaceutical Ingredient ("API") through precision fermentation.

Key Points: 
  • SUNNYVALE, Calif., Oct. 3, 2023 /PRNewswire/ -- Willow Biosciences Inc., ("Willow") (TSX: WLLW) (OTCQB: CANSF) and SUANFARMA today jointly announced execution of a collaboration agreement for a cell line productivity optimization development program for manufacturing a large volume anti-infective Active Pharmaceutical Ingredient ("API") through precision fermentation.
  • Through the partnership, SUANFARMA will have access to Willow's proprietary strain optimization technologies to develop a more cost-effective production process.
  • SUANFARMA has engaged Willow to apply its strain engineering technology platform to enable more cost-effective commercial production of the API at SUANFARMA's manufacturing site.
  • SUANFARMA CDMO offers a comprehensive approach to Technology Transfer, aiming to reduce risks and enhance success within their global project management strategy.

European trading firms set to expand derivatives trading in APAC

Retrieved on: 
Tuesday, September 26, 2023

LONDON, Sept. 26, 2023 /PRNewswire/ -- European proprietary trading firms and hedge funds are set to expand trading across the Asia-Pacific (APAC) region as opportunities and volumes grow, a new study by Acuiti and Trading Technologies has found.

Key Points: 
  • LONDON, Sept. 26, 2023 /PRNewswire/ -- European proprietary trading firms and hedge funds are set to expand trading across the Asia-Pacific (APAC) region as opportunities and volumes grow, a new study by Acuiti and Trading Technologies has found.
  • European Attitudes to Trading in APAC, which was commissioned by Trading Technologies ahead of its inaugural TT ® Connect : Asia Insight event taking place tomorrow in London, was based on a survey of senior executives at 53 European based proprietary trading firms and hedge funds.
  • Of those surveyed, 59% traded derivatives on markets in APAC with a further 11% set to start doing so.
  • Another major challenge for proprietary trading firms was gaining access to regional derivatives markets via their preferred clearing firm.

Trading Technologies' TT® platform named Derivatives Trading System of the Year at 2023 FOW Asia Capital Markets Awards

Retrieved on: 
Thursday, September 21, 2023

CHICAGO and SINGAPORE, Sept. 21, 2023 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has just won the FOW Asia Capital Markets Award for Derivatives Trading System of the Year for its TT platform.

Key Points: 
  • CHICAGO and SINGAPORE, Sept. 21, 2023 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has just won the FOW Asia Capital Markets Award for Derivatives Trading System of the Year for its TT platform.
  • The FOW Asia Capital Markets Awards recognize the best and brightest innovations in the Asian derivatives industry.
  • TT CEO Keith Todd said: "We're thrilled that the judges recognized TT as Derivatives Trading System of the Year in Asia.
  • As our derivatives offering continues to expand and we extend the platform into fixed income, FX and equities, our presence in Asia will only grow."