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Lithium Gold Rush Continues as Demand Skyrockets for Electric Vehicles and Renewable Energy

Retrieved on: 
Monday, April 24, 2023

PALM BEACH, Fla., April 24, 2023 /PRNewswire/ -- North America needs to race to find new supplies and production of lithium as automakers ramp up manufacturing of electric vehicles and demand grows for renewable energy options. Lithium is used in electric car batteries because it is lightweight, can store lots of energy and can be repeatedly recharged. Analysts estimate that lithium demand is going to increase tenfold before the end of this decade as big manufacturers such as Tesla, Volkswagen, General Motors and other automakers introduce dozens of electric models. Other ingredients like cobalt are needed to keep the battery stable.  Most of the raw lithium used domestically comes from Latin America or Australia, and most of it is processed and turned into battery cells in China and other Asian countries.  Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said recently, as more people opt for electric vehicles and energy storage systems.  Demand for lithium batteries in the United States is expected to grow more than six times and translate into $55 billion per year by the end of the decade, but still the country is expected to depend on imports for supply, the report added.  Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK), Atlas Lithium Corporation (NASDAQ: ATLX), Allied Copper Corp. (OTCQB: CPRRF) (TSX-V: CPR), Brunswick Exploration Inc. (OTCQB: BRXWF) (TSX-V: BRW).

Key Points: 
  • PALM BEACH, Fla., April 24, 2023 /PRNewswire/ -- North America needs to race to find new supplies and production of lithium as automakers ramp up manufacturing of electric vehicles and demand grows for renewable energy options.
  • Lithium is used in electric car batteries because it is lightweight, can store lots of energy and can be repeatedly recharged.
  • Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said recently, as more people opt for electric vehicles and energy storage systems.
  • The article continued: "Demand for EVs has soared over the past few years, as climate-conscious consumers snap up cars with electric powertrains, amid soaring fuel prices.

New Technology & Software Advancements Drastically Improving Drone Applications for Tactical Surveillance Activities

Retrieved on: 
Wednesday, April 19, 2023

PALM BEACH, Fla., April 19, 2023 /PRNewswire/ -- The drone is a flying robot or aircraft that can be remotely controlled or fly autonomously using software in its integrated system and onboard sensors and GPS. Drones are also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS). Drones have become essential in many industries around the globe and have been shown to be extremely useful in critical situations. In addition, connectivity enhances their versatility and capacity to reach the most remote areas and act as an effective problem-solving aid. Drones play an important role in emergency and rescue work. Due to these increasing applications of emergency drones, market growth is up-surging. Market research provider Fact.MR reports the global emergency drone market is estimated at USD4,885 million in 2023 and is expected to expand at CAGR of 13.1% during the forecast years of 2023-2033. Drones were initially used to obtain accurate data and photographs to aid in decision-making for military and defense applications. However, drones are now used in many different industries and applications because to technical improvement, says the press release.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), Intel Corporation (NASDAQ: INTC).

Key Points: 
  • Drones were initially used to obtain accurate data and photographs to aid in decision-making for military and defense applications.
  • However, drones are now used in many different industries and applications because to technical improvement, says the press release.
  • will add Draganfly's UAV Platform to its wireless surveillance product line, resulting in meaningful enhancements to communication capabilities for emergency personnel.
  • Developers can access the latest state-of-the-art technology available to help them get new applications up and running quickly and cost-efficiently.

New Technology & Software Advancements Drastically Improving Drone Applications for Tactical Surveillance Activities

Retrieved on: 
Wednesday, April 19, 2023

PALM BEACH, Fla., April 19, 2023 /PRNewswire/ -- The drone is a flying robot or aircraft that can be remotely controlled or fly autonomously using software in its integrated system and onboard sensors and GPS. Drones are also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS). Drones have become essential in many industries around the globe and have been shown to be extremely useful in critical situations. In addition, connectivity enhances their versatility and capacity to reach the most remote areas and act as an effective problem-solving aid. Drones play an important role in emergency and rescue work. Due to these increasing applications of emergency drones, market growth is up-surging. Market research provider Fact.MR reports the global emergency drone market is estimated at USD4,885 million in 2023 and is expected to expand at CAGR of 13.1% during the forecast years of 2023-2033. Drones were initially used to obtain accurate data and photographs to aid in decision-making for military and defense applications. However, drones are now used in many different industries and applications because to technical improvement, says the press release.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), NVIDIA Corporation (NASDAQ: NVDA), Intel Corporation (NASDAQ: INTC).

Key Points: 
  • Drones were initially used to obtain accurate data and photographs to aid in decision-making for military and defense applications.
  • However, drones are now used in many different industries and applications because to technical improvement, says the press release.
  • will add Draganfly's UAV Platform to its wireless surveillance product line, resulting in meaningful enhancements to communication capabilities for emergency personnel.
  • Developers can access the latest state-of-the-art technology available to help them get new applications up and running quickly and cost-efficiently.

Lithium Mining Industry Booming Resulting from Strong Demand in Lithium-ION Battery Market

Retrieved on: 
Tuesday, April 18, 2023

/PRNewswire/ -- Dynamic emission standards and changing government policies with respect to electric vehicles are anticipated to provide a positive outlook to the lithium mining industry. Over the next ten years, the worldwide lithium mining industry is expected to grow at a CAGR of 7% through 2031. Globally, operations in the lithium mining business have been scaled back during COVID-19... but following this collapse, the market has fully recovered. A report from Fact.MR said that Lithium Mining Revenues are projected to attain USD 3.1 Billion by 2031; & Battery Manufacturing is anticipated to hold a strong position. The Report said: "There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium;  Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity;  Lithium-ion batteries are increasingly being used for energy storage systems, particularly in renewable energy applications. As the use of renewable energy grows, the demand for lithium is expected to increase as well; and Emerging markets such as China and India are seeing rapid growth in the adoption of electric vehicles and renewable energy, which is driving demand for lithium."  Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Albemarle Corporation (NYSE: ALB), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSX-V: ETL), LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET).

Key Points: 
  • In the February 2, 2023 news release , E3 outlined the details and timeline expected for the field pilot.
  • LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK) recently announced it has signed a Memorandum of Understanding "(MoU") with ZS2 Technologies Inc. ("ZS2").
  • FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Lithium Mining Industry Booming Resulting from Strong Demand in Lithium-ION Battery Market

Retrieved on: 
Tuesday, April 18, 2023

/PRNewswire/ -- Dynamic emission standards and changing government policies with respect to electric vehicles are anticipated to provide a positive outlook to the lithium mining industry. Over the next ten years, the worldwide lithium mining industry is expected to grow at a CAGR of 7% through 2031. Globally, operations in the lithium mining business have been scaled back during COVID-19... but following this collapse, the market has fully recovered. A report from Fact.MR said that Lithium Mining Revenues are projected to attain USD 3.1 Billion by 2031; & Battery Manufacturing is anticipated to hold a strong position. The Report said: "There are several drivers for the lithium mining market, including: The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium;  Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity;  Lithium-ion batteries are increasingly being used for energy storage systems, particularly in renewable energy applications. As the use of renewable energy grows, the demand for lithium is expected to increase as well; and Emerging markets such as China and India are seeing rapid growth in the adoption of electric vehicles and renewable energy, which is driving demand for lithium."  Active mining companies in the markets this week include:  Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Albemarle Corporation (NYSE: ALB), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSX-V: ETL), LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET).

Key Points: 
  • In the February 2, 2023 news release , E3 outlined the details and timeline expected for the field pilot.
  • LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK) recently announced it has signed a Memorandum of Understanding "(MoU") with ZS2 Technologies Inc. ("ZS2").
  • FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

CPSC Urges Flood Victims to Take Steps to Prevent CO Poisoning, Electrocution, Explosion and Fires

Retrieved on: 
Friday, April 14, 2023

Portable generators create a risk of CO poisoning that can kill in minutes.

Key Points: 
  • Portable generators create a risk of CO poisoning that can kill in minutes.
  • Exposed persons may become unconscious before experiencing CO-poisoning symptoms of nausea, dizziness or weakness, and it can lead to death.
  • Opening doors or windows will not provide enough ventilation to prevent the buildup of lethal levels of CO.
  • If you smell or hear gas leaking, leave your home immediately and contact local gas authorities from outside the home.

Global Cybersecurity Market Projected To Reach $500 Billion By 2030 At A CAGR Of 11.6%

Retrieved on: 
Tuesday, April 11, 2023

PALM BEACH, Fla, April 11, 2023 /PRNewswire/ -- The astonishing growth of new technologies and solutions in the cyber security market were spurred by the increased number of data breaches across the globe, rising digitalization, and increased sophisticated cyber intrusions. A report from MarketsAndMarkets projected that the global cyber security market is poised to reach $266.2 billion by 2027, growing at a CAGR of 8.9% from 2022 to 2027. The report said: "Targeted attacks have seen a rise in recent years, infiltrating targets' network infrastructure and maintaining anonymity. Attackers with a specific target in mind mostly attack endpoints, networks, on-premises devices, cloud-based applications, data, and other IT infrastructures. The primary motive behind targeted attacks is to intrude on targeted companies' or organizations' network and steal critical information. As a result of these targeted attacks, business-critical operations in organizations are negatively impacted in terms of business disruptions, intellectual property loss, financial loss, and loss of critical and sensitive customer information. The impact of targeted cyberattacks affects not only targeted organizations but also domestic and global customers.  In today's virtual enterprise network environment, targeted threats are constantly increasing in volume, breadth, and complexity. Due to the diverse nature of threats, it has become a challenge to understand the type of attacks. With the rapidly changing nature of threats and to avoid any loss of sensitive information, it is vital to deploy multi-layered cyber security solutions at the initial stage of security solutions enabling protection against any type of cyberattacks. The evolving nature of threats has become the top security challenge for organizations. Cyber-attacks have significantly increased over the last five years and have become a top security challenge for both large and SMEs."  Active tech companies in the markets this week include:  Trend Innovations Holding Inc. (OTCQB: TREN), Fortinet, Inc. (NASDAQ: FTNT), CrowdStrike (NASDAQ: CRWD), Cloudflare, Inc. (NYSE: NET), Check Point® Software Technologies Ltd. (NASDAQ: CHKP).

Key Points: 
  • A report from MarketsAndMarkets projected that the global cyber security market is poised to reach $266.2 billion by 2027, growing at a CAGR of 8.9% from 2022 to 2027.
  • Another report from Spherical Insights went even further projecting that: "The Global Cybersecurity Market Size To Grow USD $501.6 Billion By 2030 at a CAGR of 11.6%.
  • North America is expected to be the largest contributor to the global cyber security market in terms of market size.
  • Natalija Tunevic, the President, CEO of TREN said, "The Global Cybersecurity Market was valued at $220.51 billion in 2021, and the worldwide cybersecurity market is expected to reach $501.6 billion by 2030.

Global Cybersecurity Market Projected To Reach $500 Billion By 2030 At A CAGR Of 11.6%

Retrieved on: 
Tuesday, April 11, 2023

PALM BEACH, Fla, April 11, 2023 /PRNewswire/ -- The astonishing growth of new technologies and solutions in the cyber security market were spurred by the increased number of data breaches across the globe, rising digitalization, and increased sophisticated cyber intrusions. A report from MarketsAndMarkets projected that the global cyber security market is poised to reach $266.2 billion by 2027, growing at a CAGR of 8.9% from 2022 to 2027. The report said: "Targeted attacks have seen a rise in recent years, infiltrating targets' network infrastructure and maintaining anonymity. Attackers with a specific target in mind mostly attack endpoints, networks, on-premises devices, cloud-based applications, data, and other IT infrastructures. The primary motive behind targeted attacks is to intrude on targeted companies' or organizations' network and steal critical information. As a result of these targeted attacks, business-critical operations in organizations are negatively impacted in terms of business disruptions, intellectual property loss, financial loss, and loss of critical and sensitive customer information. The impact of targeted cyberattacks affects not only targeted organizations but also domestic and global customers.  In today's virtual enterprise network environment, targeted threats are constantly increasing in volume, breadth, and complexity. Due to the diverse nature of threats, it has become a challenge to understand the type of attacks. With the rapidly changing nature of threats and to avoid any loss of sensitive information, it is vital to deploy multi-layered cyber security solutions at the initial stage of security solutions enabling protection against any type of cyberattacks. The evolving nature of threats has become the top security challenge for organizations. Cyber-attacks have significantly increased over the last five years and have become a top security challenge for both large and SMEs."  Active tech companies in the markets this week include:  Trend Innovations Holding Inc. (OTCQB: TREN), Fortinet, Inc. (NASDAQ: FTNT), CrowdStrike (NASDAQ: CRWD), Cloudflare, Inc. (NYSE: NET), Check Point® Software Technologies Ltd. (NASDAQ: CHKP).

Key Points: 
  • A report from MarketsAndMarkets projected that the global cyber security market is poised to reach $266.2 billion by 2027, growing at a CAGR of 8.9% from 2022 to 2027.
  • Another report from Spherical Insights went even further projecting that: "The Global Cybersecurity Market Size To Grow USD $501.6 Billion By 2030 at a CAGR of 11.6%.
  • North America is expected to be the largest contributor to the global cyber security market in terms of market size.
  • Natalija Tunevic, the President, CEO of TREN said, "The Global Cybersecurity Market was valued at $220.51 billion in 2021, and the worldwide cybersecurity market is expected to reach $501.6 billion by 2030.

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on: 
Tuesday, April 11, 2023

Palm Beach, FL, April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points: 
  • A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
  • The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
  • Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
  • Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on: 
Tuesday, April 11, 2023

PALM BEACH, Fla., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points: 
  • A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
  • The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
  • Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
  • Major players in the UAV drone sector are focused on technological advancement to sustain their market position."