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Annual Defense Revenues Break Half a Trillion Dollars as Market Expands

Retrieved on:

Monday, August 9, 2021

As a matter of fact, Defense News estimates that the top 100 defense companies raked in a combined $551 billion in 2020 representing a 5% increase compared to the prior year.

Key Points:

As a matter of fact, Defense News estimates that the top 100 defense companies raked in a combined $551 billion in 2020 representing a 5% increase compared to the prior year.
In addition to this, Liberty has been hitting major corporate milestones including signing a major deal with the US Department of Homeland Security (DHS).
One emerging theme in the defense industry that appears to be a key driver of growth is collaboration.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Annual Defense Revenues Break Half a Trillion Dollars as Market Expands

Retrieved on:

Monday, August 9, 2021

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Although the effects of the coronavirus pandemic were far reaching, the security defense industry proved to be resilient enough to weather this storm. As a matter of fact, Defense News estimates that the top 100 defense companies raked in a combined $551 billion in 2020 representing a 5% increase compared to the prior year. Going forward, it appears that this trend is likely to continue as illustrated by President Biden's $715 billion defense budget proposal, a $10 billion increase from the previous allocation as he shifts focus from the Middle East to emerging threats from China. For companies like Liberty Defense Holdings Ltd (TSXV: SCAN) (OTCQB: LDDFF), Evolv Technologies Holdings Inc (NASDAQ: EVLV), ShotSpotter (NASDAQ: SSTI), OSI Systems, Inc. (NASDAQ: OSIS) and Honeywell International Inc (NASDAQ: HON) this signals a promising opportunity which if well capitalized on could further strengthen these companies' position in the industry.

Key Points:

As a matter of fact, Defense News estimates that the top 100 defense companies raked in a combined $551 billion in 2020 representing a 5% increase compared to the prior year.
In addition to this, Liberty has been hitting major corporate milestones including signing a major deal with the US Department of Homeland Security (DHS).
One emerging theme in the defense industry that appears to be a key driver of growth is collaboration.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Brookfield Infrastructure Extends Offer to Purchase Inter Pipeline Ltd. – Revised Offer Open Until August 20th at 5 p.m. (Mountain Time)

Retrieved on:

Friday, August 6, 2021

Brookfield Infrastructure has received strong support from Inter Pipeline Ltd. (IPL) shareholders to date and reminds IPL shareholders to tender their shares in support of the Offer.

Key Points:

Brookfield Infrastructure has received strong support from Inter Pipeline Ltd. (IPL) shareholders to date and reminds IPL shareholders to tender their shares in support of the Offer.
As we approach this condition, we have decided to extend the Offer to give IPL shareholders additional time to complete their elections.
Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation.
Brookfield Infrastructure Partners is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over US$625 billion of assets under management.

Stable Road Reminds Stockholders to Vote in Favor of Business Combination with Momentus

Retrieved on:

Friday, August 6, 2021

Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (Stable Road or the Company) reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination Proposal) with Momentus Inc. (Momentus).

Key Points:

Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACU, and SRACW) (Stable Road or the Company) reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination Proposal) with Momentus Inc. (Momentus).
To protect the health of Stable Road stockholders and the community, the Special Meeting will be virtually conducted via live audio webcast.
If the Business Combination Proposal and related proposals are not approved, Stable Road will be unable to consummate the proposed business combination with Momentus and, in accordance with Stable Roads charter, Stable Road will be required to dissolve and liquidate the trust account by returning the then-remaining funds in such account to stockholders.
Stable Road, Momentus and certain of their respective directors, executive officers and other members of management and employees may be deemed participants in the solicitation of proxies of Stable Roads stockholders in connection with the Proposed Transaction.

Superconductor Reminds Stockholders To Vote For The Proposed Merger With Clearday

Retrieved on:

Friday, August 6, 2021

Headquartered inAustin, TX,Superconductor Technologies Inc.'s common stock is listed on the OTC QB market under the ticker symbol SCON.

Key Points:

Headquartered inAustin, TX,Superconductor Technologies Inc.'s common stock is listed on the OTC QB market under the ticker symbol SCON.
In connection with the proposed transaction between STI and Clearday, the parties have filed relevant materials with theSEC, including a STI registration statement on Form S-4 that contains a combined proxy statement/prospectus/consent solicitation statement.
STI and its directors and executive officers, and Clearday, and its directors and executive officers, may be deemed to be participants in the solicitation of proxies from the stockholders of STI in connection with the proposed merger.
However, while STI and Clearday may elect to update these forward-looking statements at some point in the future, STI and Clearday specifically disclaim any obligation to do so.

Vivid Seats to Participate in Canaccord Genuity’s 41st Annual Growth Conference

Retrieved on:

Thursday, August 5, 2021

CHICAGO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (Vivid Seats or the Company), a leading marketplace that utilizes its powerful technology platform to connect millions of fans with thousands of ticket sellers across hundreds of thousands of events each year, today announced that the Company will participate in Canaccord Genuitys 41st Annual Growth Conference.

Key Points:

CHICAGO, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (Vivid Seats or the Company), a leading marketplace that utilizes its powerful technology platform to connect millions of fans with thousands of ticket sellers across hundreds of thousands of events each year, today announced that the Company will participate in Canaccord Genuitys 41st Annual Growth Conference.
Vivid Seats recently announced it expects to become a publicly traded company via a merger with Horizon Acquisition Corporation (NYSE:HZAC), a special purpose acquisition company.
Vivid Seats provides a marketplace for tickets to live sports, concerts and theater events along with a technology platform and services that support the ticketing ecosystem.
Neither Vivid Seats nor Horizon gives any assurance that either Vivid Seats or Horizon will achieve its expectations.

Green Cryptocurrency Systems Lessens Energy Demands Of Proof Of Work Systems

Retrieved on:

Thursday, August 5, 2021

PALM BEACH, Fla., Aug. 5, 2021 /PRNewswire/ -- Cryptocurrency… Mining… Blockchain Technology… Even though these terms have been added to the global dictionary in the last several years not many really have a grasp on what they are, and how they do what they do... or how much energy they use! Cryptocurrency is an encrypted decentralized digital currency. Mining is the process of confirming cryptocurrency transactions and adding them to the public ledger (blockchain). The Blockchain is a distributed, cryptographically signed public ledger that stores transaction data across multiple computers(nodes). To add a transaction to the ledger, the "miner" must solve a complex computational problem. Blockchain Miners are the backbone of the cryptocurrency network and going green has never been more essential. The use of blockchain technology is growing at a rapid rate, leading to soaring energy consumption. Blockchain technology is secured and maintained by a vast network of globally distributed computers (Miners) to solve increasingly-complex computational problems. The processing of these transactions requires extensive power consumption. An article on NBCNews's site addressing these issues added: "And so, any cryptocurrency built on a proof of work protocol is going to be plagued by, as Musk put it, "insane" energy demands as it scales larger. The Cambridge Center for Alternativve Finance, a part of the Cambridge Judge Business School, found that bitcoin uses about 110 terawatt-hours per year, which is similar to what Malaysia and Sweden use. The better way is called proof of stake. And for some cryptocurrencies, it's already in use." Active Companies in the markets today include The OLB Group, Inc. (NASDAQ: OLB), Riot Blockchain, Inc. (NASDAQ: RIOT), Marathon Digital Holdings, Inc. (NASDAQ: MARA), Canaan Inc. (NASDAQ: CAN), NVIDIA Corporation (NASDAQ: NVDA).

Key Points:

An article on NBCNews's site addressing these issues added: "And so, any cryptocurrency built on a proof of work protocol is going to be plagued by, as Musk put it, "insane" energy demands as it scales larger.
Because the basis of proof of stake doesn't require any extra energy to prove trustworthiness, it is much more energy efficient.
Unlike in proof of work, where specialized computing equipment like high-end graphics cards are needed, the proof of stake protocol can be run off of a laptop.
Researchers like Ryan believe that the result is that energy consumption for proof of stake is 99.99 percent lower than proof of work.

Green Cryptocurrency Systems Lessens Energy Demands Of Proof Of Work Systems

Retrieved on:

Thursday, August 5, 2021

PALM BEACH, Fla., Aug. 5, 2021 /PRNewswire/ -- Cryptocurrency… Mining… Blockchain Technology… Even though these terms have been added to the global dictionary in the last several years not many really have a grasp on what they are, and how they do what they do... or how much energy they use! Cryptocurrency is an encrypted decentralized digital currency. Mining is the process of confirming cryptocurrency transactions and adding them to the public ledger (blockchain). The Blockchain is a distributed, cryptographically signed public ledger that stores transaction data across multiple computers(nodes). To add a transaction to the ledger, the "miner" must solve a complex computational problem. Blockchain Miners are the backbone of the cryptocurrency network and going green has never been more essential. The use of blockchain technology is growing at a rapid rate, leading to soaring energy consumption. Blockchain technology is secured and maintained by a vast network of globally distributed computers (Miners) to solve increasingly-complex computational problems. The processing of these transactions requires extensive power consumption. An article on NBCNews's site addressing these issues added: "And so, any cryptocurrency built on a proof of work protocol is going to be plagued by, as Musk put it, "insane" energy demands as it scales larger. The Cambridge Center for Alternativve Finance, a part of the Cambridge Judge Business School, found that bitcoin uses about 110 terawatt-hours per year, which is similar to what Malaysia and Sweden use. The better way is called proof of stake. And for some cryptocurrencies, it's already in use." Active Companies in the markets today include The OLB Group, Inc. (NASDAQ: OLB), Riot Blockchain, Inc. (NASDAQ: RIOT), Marathon Digital Holdings, Inc. (NASDAQ: MARA), Canaan Inc. (NASDAQ: CAN), NVIDIA Corporation (NASDAQ: NVDA).

Key Points:

An article on NBCNews's site addressing these issues added: "And so, any cryptocurrency built on a proof of work protocol is going to be plagued by, as Musk put it, "insane" energy demands as it scales larger.
Because the basis of proof of stake doesn't require any extra energy to prove trustworthiness, it is much more energy efficient.
Unlike in proof of work, where specialized computing equipment like high-end graphics cards are needed, the proof of stake protocol can be run off of a laptop.
Researchers like Ryan believe that the result is that energy consumption for proof of stake is 99.99 percent lower than proof of work.

Cannabis Companies Prepare for Explosive Growth Following Federal US Legalization

Retrieved on:

Thursday, August 5, 2021

As both state and federal governments move closer to legalizing cannabis, companies within this sector are also laying the groundwork and pursuing initiatives to gather a market share within the cannabis industry.

Key Points:

As both state and federal governments move closer to legalizing cannabis, companies within this sector are also laying the groundwork and pursuing initiatives to gather a market share within the cannabis industry.
The company also expects to take delivery orders from other companies later in the year after thoroughly testing its systems.
The company also anticipates that the continued state-to-state cannabis legalization will expand its market for the Affinity System.
This transaction sets Sundial as one of Canada's largest vertically integrated cannabis companies and gives the company a strategic entry into the cannabis retail sector.

Cannabis Companies Prepare for Explosive Growth Following Federal US Legalization

Retrieved on:

Thursday, August 5, 2021

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- At least 18 states in America have legalized recreational marijuana and 37 have legalized different forms of medical marijuana thanks to the growing push for legalization at the state and federal levels. If passed, the Marijuana Opportunity Reinvestment and Expungement (MORE) Act would remove marijuana from the Controlled Substances Act where it is listed as a Schedule I drug. As both state and federal governments move closer to legalizing cannabis, companies within this sector are also laying the groundwork and pursuing initiatives to gather a market share within the cannabis industry. Sixth Wave Innovations Inc. (OTCQB:SIXWF) (CSE:SIXW), Neptune Wellness Solutions (NASDAQ:NEPT) (TSX:NEPT), Canopy Growth Corp (NASDAQ:CGC) (TSX:WEED), Sundial Growers Inc. (NASDAQ:SNDL), and GrowGeneration Corp (NASDAQ:GRWG) are among the companies capitalizing on the growing push for legalization and the increased demand for cannabis products.

Key Points:

As both state and federal governments move closer to legalizing cannabis, companies within this sector are also laying the groundwork and pursuing initiatives to gather a market share within the cannabis industry.
The company also expects to take delivery orders from other companies later in the year after thoroughly testing its systems.
The company also anticipates that the continued state-to-state cannabis legalization will expand its market for the Affinity System.
This transaction sets Sundial as one of Canada's largest vertically integrated cannabis companies and gives the company a strategic entry into the cannabis retail sector.