GM

Terminus Group Inaugurates International Headquarters in UAE

Retrieved on: 
Thursday, March 7, 2024

Abdulla Al Saleh, the Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy, Victor AI, Founder and CEO of Terminus Group, Dr. Ling Shao, President of Terminus International and Chief Scientist of Terminus Group, and representatives from ecological cooperators attended the opening ceremony.

Key Points: 
  • Abdulla Al Saleh, the Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy, Victor AI, Founder and CEO of Terminus Group, Dr. Ling Shao, President of Terminus International and Chief Scientist of Terminus Group, and representatives from ecological cooperators attended the opening ceremony.
  • Victor AI, Founder and CEO of Terminus Group (R3), Dr. Ling Shao, President of Terminus International and Chief Scientist of Terminus Group (L3), Kevin Shi, CFO of Terminus Group (R2), Eric Wan, VP of Alibaba Cloud Intelligence International, GM of Alibaba Cloud Middle East and Africa Region (L2), Pouya Parsafar, CEO of Enterprise Systems (L1), and Wang Yizhou, MD of China Mobile International Middle East & Africa region (R1) jointly kicked off the inauguration of Terminus International Headquarters
    H.E.
  • We expect the continued success of Terminus Group, one of the world's leading technology companies, and hope Terminus International Headquarters will continue to support and deeply engage in the green and digital future cities development in UAE.
  • Victor AI, Founder and CEO of Terminus Group, is in Terminus International Headquarters

Sonim Set to Seize Market Opportunity Amidst Bullitt Exit

Retrieved on: 
Wednesday, February 21, 2024

Sonim presents immediate solution to fill Bullitt void at MWC Barcelona with superior solutions, by appointment only

Key Points: 
  • Chuck Becher, Chief Commercial Officer at Sonim, says: "For nearly two decades, Sonim has been a trusted name in the rugged phone sector, offering solutions that outperform standard consumer phones.
  • Simon Rayne, SVP and GM of EMEA and APAC at Sonim, adds: "Sonim already has a footprint in Europe, and this expansion comes at an opportune time.
  • Sonim's European presence and staffing enable the company to provide prompt solutions to former Bullitt partners, operators, and customers.
  • Schedule a meeting with the Sonim team at the Mobile World Congress in Barcelona, Feb 26-29, in Hall 3, PMR 3B23Ex.

Grow Credit Announces Capital One Alumni, Former Green Dot and FastPay GM, Secil Baysal as Board Member

Retrieved on: 
Monday, February 19, 2024

Santa Monica, California--(Newsfile Corp. - February 19, 2024) - Grow Credit , the financial inclusion platform behind the Grow API and its innovative payment, retention, and turndown product suites, announces the arrival of Capital One Alumni, former Green Dot, and FastPay General Manager("GM") Secil Baysal as Board Member.

Key Points: 
  • Santa Monica, California--(Newsfile Corp. - February 19, 2024) - Grow Credit , the financial inclusion platform behind the Grow API and its innovative payment, retention, and turndown product suites, announces the arrival of Capital One Alumni, former Green Dot, and FastPay General Manager("GM") Secil Baysal as Board Member.
  • Joe Bayen, Founder and CEO at Grow Credit, states, "Our Grow API business is growing at a spectacular pace, and we needed to add more B2B expertise to our leadership team.
  • Secil Baysal added, "I've focused a major part of my career leading firms with a financial inclusion focus.
  • I am excited to join the board and contribute to the team's success by leveraging my industry background and expertise."

Progress Recognized by Gartner® in the 2024 Magic Quadrant™ for Digital Experience Platforms for Third Consecutive Year

Retrieved on: 
Monday, March 11, 2024

Progress was one of 14 vendors evaluated in the report, which analyzed the company’s overall “Completeness of Vision and Ability to Execute” on its digital experience platform (DXP).

Key Points: 
  • Progress was one of 14 vendors evaluated in the report, which analyzed the company’s overall “Completeness of Vision and Ability to Execute” on its digital experience platform (DXP).
  • Progress’ Digital Experience (DX) portfolio gives organizations the power to rapidly build and deliver expansive digital experiences, across websites, portals and applications of all types, to help drive customer acquisition, retention and competitive success.
  • Most recently, it was named as a Leader in G2’s Winter 2024 Grid Report® for Digital Experience Platforms (DXP).
  • Progress was also recognized as a 2023 Gartner Peer Insights Customers’ Choice for DXP2, based on ratings from end-users.

Navitas Semiconductor to Participate in Upcoming Investor Conferences

Retrieved on: 
Tuesday, March 5, 2024

TORRANCE, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor , the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in the following upcoming investor conferences and calls:

Key Points: 
  • TORRANCE, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor , the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in the following upcoming investor conferences and calls:
    March 5th, Palace Hotel in San Francisco, CA.
  • March 6th, 5pm Pacific / March 7th, 9am Taipei / Hong Kong
    Group call with Gene Sheridan, CEO, and Janet Chou, CFO.
  • March 6th, 7pm Pacific / March 7th, 11am Beijing / Hong Kong
    Group call with Janet Chou, CFO and Charles Zha, VP and GM Navitas China.
  • March 7th, 6pm Pacific / March 8th, 10am Beijing / Hong Kong
    Group call with Janet Chou, CFO, and Stephen Oliver, VP Corporate Marketing & Investor Relations.

General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’

Retrieved on: 
Tuesday, March 5, 2024

The platform, called SDVerse, aims to revolutionize the automotive software sourcing and procurement process by providing a matchmaking platform for buyers and sellers of embedded automotive software.

Key Points: 
  • The platform, called SDVerse, aims to revolutionize the automotive software sourcing and procurement process by providing a matchmaking platform for buyers and sellers of embedded automotive software.
  • Unlike the traditional captive software development approach, SDVerse focuses on connecting automotive software buyers and sellers through a transparent and efficient digital platform.
  • SDVerse is currently in development and expected to feature hundreds of automotive software products, and participants from across the automotive value chain are invited to join.
  • “The market for automotive software is expected to nearly double this decade, potentially outpacing the growth of software development talent pools,” said Harmeet Chauhan, Global Head Wipro Engineering Edge, Wipro Limited.

U.S. Navy Selects Mercury to Deliver Electronic Warfare Combat Training Subsystems

Retrieved on: 
Friday, March 1, 2024

These subsystems build on more than 25 years of test and training technology from the Mercury Processing Platform to bring the most advanced, near-peer jamming and electronic warfare capabilities to U.S. pilot training organizations.

Key Points: 
  • These subsystems build on more than 25 years of test and training technology from the Mercury Processing Platform to bring the most advanced, near-peer jamming and electronic warfare capabilities to U.S. pilot training organizations.
  • The most effective way to prepare pilots and aircrews for real-world combat environments is through training scenarios that represent near-peer threat capabilities to the greatest possible extent.
  • Mercury has provided radar jamming capabilities to the Navy’s Airborne Threat Simulation Organization (ATSO) since 1987 and has delivered more than 600 systems over the past decade.
  • The new contract also includes ongoing engineering services to continually update the system’s threat library to stay ahead of adversarial capabilities.

Digital Twin Consortium Welcomes Implexus Lab as Member

Retrieved on: 
Wednesday, February 28, 2024

BOSTON, MA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Digital Twin Consortium ® (DTC) today announced that Implexus Lab has joined the consortium.

Key Points: 
  • BOSTON, MA, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Digital Twin Consortium ® (DTC) today announced that Implexus Lab has joined the consortium.
  • As a startup creating digital twin solutions for international government facilities, laboratories, and research centers, Implexus joined the DTC for knowledge sharing and to learn from other members of the consortium.
  • “We welcome Implexus to the DTC,” said Dan Isaacs, GM & CTO, DTC.
  • “Implexus is excited to be a part of the broader global community developing the digital twin sector.”

Myriad Genetics Reports Strong Fourth Quarter and Full-Year 2023 Financial Results; Fourth Quarter Revenue of $197 Million and Full-Year Revenue of $753 Million Each Grew 11% Year-Over-Year; Delivered GAAP EPS of $(0.36) and Adjusted EPS of $0.04 in the F

Retrieved on: 
Tuesday, February 27, 2024

SALT LAKE CITY, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced financial results for its fourth quarter and full-year ended December 31, 2023 and provided its outlook on business performance for its first quarter and full-year 2024.

Key Points: 
  • GAAP operating expenses in the fourth quarter of 2023 were $166.4 million, decreasing $9.7 million year-over-year.
  • Adjusted operating expenses in the fourth quarter of 2023 decreased $8.6 million year-over-year to $130.0 million, reflecting incremental cost control measures during the fourth quarter 2023.
  • GAAP operating loss in the fourth quarter of 2023 was $31.4 million, improving $20.8 million year-over-year; adjusted operating income in the fourth quarter of 2023 was $5.7 million, improving $19.6 million year-over-year from adjusted operating loss of $13.9 million in the fourth quarter of 2022.
  • Fourth quarter 2023 GAAP cash flow from operations was $(55) million; adjusted cash flow from operations in the fourth quarter of 2023 was $14 million, an increase of $10 million year-over-year.

Extending the Driving Range without Increasing EV Weight? Yes, Solidion Technology, Inc. Provides Solutions

Retrieved on: 
Tuesday, February 27, 2024

Although graphite has been the preferred anode material during the past 30 years, silicon oxide (SiOx) and silicon (Si) are two evolving anode materials capable of improving the energy density of EV batteries and extending the EV range by 20-40%.

Key Points: 
  • Although graphite has been the preferred anode material during the past 30 years, silicon oxide (SiOx) and silicon (Si) are two evolving anode materials capable of improving the energy density of EV batteries and extending the EV range by 20-40%.
  • Solidion has overcome this technical obstacle and has established a Dayton, Ohio-based facility for manufacturing silicon oxide (SiOx) and silicon (Si).
  • The Solidion team is ready to expand the production capacity for these two types of high-capacity anode materials.
  • Industry-leading EV OEMs have concluded that silicon and silicon oxide anodes are required to drive EV battery technology to lower cost and provide higher energy density, significantly extending the EV driving range.