PALM

Blue Biofuels Makes First Cellulosic Ethanol

Retrieved on: 
Tuesday, March 26, 2024

About Blue Biofuels, Inc.Blue Biofuels is based in Florida and has the goal to produce biofuels through its developed Cellulose-to-Sugar (CTS) technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.

Key Points: 
  • PALM BEACH GARDENS, FL, March 26, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).
  • Blue Biofuels Inc. ("BIOF") continues to make substantial strides in advancing its Cellulose-to-Sugar (CTS) technology towards commercial scale.
  • The company has achieved a significant milestone by successfully producing its first batch of cellulosic ethanol, utilizing the cellulosic sugars created from biomass on its CTS pilot line.
  • BIOF is evaluating prospective locations in Florida capable of accommodating both SAF and cellulosic ethanol production facilities.

Global Electronic Warfare Market Size Expected to Reach $24.76 Billion by 2029

Retrieved on: 
Tuesday, March 26, 2024

The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.

Key Points: 
  • The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others.
  • A report from Mordor Intelligence projected that the Electronic Warfare Market size is estimated at USD 19.30 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).
  • Mordor Intelligence concluded: “Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities.
  • According to Straits Research , the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.

AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities

Retrieved on: 
Tuesday, March 26, 2024

WEST PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.

Key Points: 
  • WEST PALM BEACH, Fla., March 26, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
  • Sunburn intends to use the proceeds from the credit facilities to refinance existing debt, provide working capital, and build additional cultivation and processing facilities and new retail dispensaries in its business plan.
  • “Brady and the Sunburn team are an example of the Cannabis 3.0 lending opportunities that we are excited to finance.
  • AFCG will hold the entire $34.0 million across the two credit facilities, which together consist of a first-lien term loan secured by all assets of Sunburn.

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on: 
Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.  The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets.  Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately."  Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points: 
  • A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
  • The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
  • Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
  • This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.

Global A.I. Healthcare Market Expected to Expand at CAGR of 36.4% From 2024 to 2030

Retrieved on: 
Tuesday, April 9, 2024

PALM BEACH, Fla., April 9, 2024 /PRNewswire/ -- Experts universally see that the AI in the healthcare market will continue to reach new highs throughout this decade. A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.  The report said: "Growing datasets of patient health-related digital information, increasing demand for personalized medicine, and rising need to reduce care expenses are some major drivers of market growth. The rising global geriatric population, changing lifestyles, and increasing prevalence of chronic diseases have contributed to a growth in demand for diagnosing and improved understanding of diseases in their initial stages. Artificial Intelligence (AI) and machine learning (ML) algorithms are being widely adopted and integrated into healthcare systems to accurately predict diseases in their early stage based on historical health datasets.  Furthermore, deep learning technologies, predictive analytics, content analytics, and natural language processing (NLP) tools are enabling care professionals to diagnose patient's underlying health conditions at an earlier stage. The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies. Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak. AI/ML algorithms were utilized in the diagnosis sector wherein these technologically driven modules were trained with datasets of chest CT images, symptoms, pathological findings, and exposure history to diagnose COVID-19-positive patients rapidly and accurately."  Active tech companies in the markets this week include: Avant Technologies, Inc. (OTCQB: AVAI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), CXApp Inc. (NASDAQ: CXAI), Marvell Technology, Inc. (NASDAQ: MRVL).

Key Points: 
  • A report from Grand View Research said that the global AI in healthcare market size was estimated at USD 22.45 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 36.4% from 2024 to 2030.
  • The COVID-19 pandemic positively influenced the demand for AI technologies and unearthed the potential of these advanced technologies.
  • Healthcare systems widely adopted these technologies in the rapid diagnosis and detection of different virus strains and utilized personalized information in improving the management of the outbreak.
  • This potent combination empowers healthcare and life sciences organizations to navigate the complexities of data and system interoperability with unprecedented efficiency.

In the Light of Revelations, You Need to Preserve Your Wealth with Gold Right Now - Choose American Independence Gold

Retrieved on: 
Tuesday, April 9, 2024

American Independence Gold stands at the forefront of financial security and wealth preservation, championing the strategic advantages of Gold IRAs in an epoch marked by economic unpredictability.

Key Points: 
  • American Independence Gold stands at the forefront of financial security and wealth preservation, championing the strategic advantages of Gold IRAs in an epoch marked by economic unpredictability.
  • American Independence Gold extends an invitation to explore how a Gold IRA can serve as the bedrock of one's financial strategy, providing tranquility in the face of today's uncertainties.
  • American Independence Gold invites taking a decisive step towards securing a financial legacy with gold, the perennial symbol of wealth and security.
  • Contact American Independence Gold today to begin the journey towards a secure financial future with gold, the enduring asset that promises not only security but also prosperity in an ever-evolving world.

Kanders & Company Announces Definitive Agreement to Acquire Antenna and Test Equipment Businesses from L3Harris

Retrieved on: 
Friday, April 5, 2024

PALM BEACH, Fla., April 5, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million.

Key Points: 
  • PALM BEACH, Fla., April 5, 2024 /PRNewswire/ -- Kanders & Company, Inc. ("Kanders"), a U.S.-based single-family office, announced today that it has entered into a definitive agreement to acquire and combine certain antenna and test equipment businesses from L3Harris Technologies (NYSE: LHX) for $200 million.
  • The acquisition brings together three separate business units under Kanders' newly formed Fisica, Inc. ("Fisica") platform.
  • "We are excited to announce the agreement to acquire these businesses from L3Harris and partner with existing management to launch a new platform in the defense industry," said Warren B. Kanders, President of Kanders and Chairman and CEO of Fisica.
  • Under the terms of the agreement, Kanders will pay L3Harris $175 million in cash at closing and a $25 million seller note.

AMG Names Thomas M. Wojcik as Chief Operating Officer and Dava E. Ritchea as Chief Financial Officer

Retrieved on: 
Monday, March 25, 2024

WEST PALM BEACH, Fla., March 25, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointments of Thomas M. Wojcik as Chief Operating Officer and Dava E. Ritchea as Chief Financial Officer, effective April 1, 2024.

Key Points: 
  • WEST PALM BEACH, Fla., March 25, 2024 (GLOBE NEWSWIRE) -- AMG, a leading partner to independent investment management firms globally, today announced the appointments of Thomas M. Wojcik as Chief Operating Officer and Dava E. Ritchea as Chief Financial Officer, effective April 1, 2024.
  • Mr. Wojcik will oversee the Company’s capital formation capabilities, and Ms. Ritchea will oversee AMG’s finance, accounting, and capital management functions.
  • Both will report to Jay C. Horgen, President and Chief Executive Officer of AMG.
  • “We are very pleased to appoint an executive of Dava’s caliber and skillset as AMG’s Chief Financial Officer,” said Mr. Horgen.

Global Uranium Mining Output Expected To Rise 11.7% in 2024 Due To Kazakh and Canadian Growth

Retrieved on: 
Thursday, March 21, 2024

A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.

Key Points: 
  • A report in Mining Technology said that the Global uranium production is expected to grow by 11.7% to more than 60.3 megatonnes (Mt) in 2024.
  • Kazakhstan is expected to deliver the highest uranium production growth in 2024, driven by the planned higher output from the country’s largest uranium producer, Kazatomprom .
  • The report added: “Uranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth… and production will be bolstered by the ramp-up of Canada’s McArthur River mine.
  • Mining Technology continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

HotelPlanner Partners with Sneaker Con as Official Accommodation Provider

Retrieved on: 
Thursday, March 21, 2024

The partnership includes a revenue share on member hotel bookings as their Official Accommodation Provider for all upcoming Sneaker Con events.

Key Points: 
  • The partnership includes a revenue share on member hotel bookings as their Official Accommodation Provider for all upcoming Sneaker Con events.
  • Sneaker Con is the world’s largest sneaker convention producing over 30 events annually and attracting over 300,000 attendees in cities such as New York, London, Shanghai, Sydney, Tokyo and Toronto, among others.
  • Founded in 2009, Sneaker Con has established itself as one of the most prominent and influential brands within sneaker and youth culture.
  • We’re enthusiastic about our partnership with Hotel Planner and appreciative of their support and commitment to sneaker culture," says Brad Fried, Co-Owner of Sneaker Con.