News Archives - Page 77 of 88

WednesdayAug 31, 2022 11:48 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Receives Planned $100M Investment from Long-Term Partner

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has received a nonbinding letter of intent (“LOI”) outlining a planned investment of up to $100 million. Dated Aug. 29, 2022, the LOI is from Koito Manufacturing Co., Ltd., a long-term automotive tier-1 partner and current shareholder; this marks Koito’s third investment in Cepton since 2020. According to the announcement, proceeds from the proposed investment from Koito, which will be in the form of convertible nonvoting preferred stock, will fund Cepton’s next stage of growth as it scales its lidar solutions for mass deployment. The investment is…

TuesdayAug 30, 2022 10:46 am

TinyGemsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Begins Dosing Participants in CYB003 Trial for Treatment of MDD

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced a clinical milestone: the first two participants in its phase 1/2a trial evaluating CYB003 for the treatment of major depressive disorder (“MDD”) have been dosed. According to the announcement, CYB003 is the first-ever novel psilocybin analog to enter clinical development. The company is conducting a randomized, double-blind, placebo-controlled study evaluating people with moderate to severe MDD in which participants will receive two administrations (placebo/active and active/active) with a response assessed at week 3 after first dose and at week 6 after second dose. “To…

FridayAug 26, 2022 11:40 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Announces Participation in Upcoming RBC Capital Markets Global Industrials Conference

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, will be participating in the RBC Capital Markets Global Industrials Conference. The conference is scheduled for Sept. 13–14, 2022, in Las Vegas. Cepton’s chief financial officer Hull Xu will be hosting a breakout session during the two-day event; the session is slated to begin at 9:05 a.m. PT on Sept. 14. In addition, Cepton management will also be hosting investor meetings throughout the conference. To view the full press release, visit https://ibn.fm/6oiii About Cepton Technologies Inc. Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”),…

FridayAug 26, 2022 11:30 am

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Record Revenue for Q2 2022

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for B2B cross-border shipping in the NAFTA region, today announced its revenue for the second quarter of 2022 for the period ended June 30, 2022. Among the highlights, Fr8Tech reported record quarterly revenue of $8.5 million for Q2 2022, up 60% from $5.3 million in Q1 2022 and up 45% from $5.9 million in Q2 2021. “Second quarter 2022 revenue, a record, increased 60% on a sequential quarter basis and 45% on a year-over-year basis,” said Fr8Tech…

ThursdayAug 25, 2022 11:11 am

TinyGemsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) to Participate in Upcoming H.C. Wainwright Global Investment Conference

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be participating in the H.C. Wainwright 24th annual Global Investment Conference; the elite event is slated for Sept. 12–14, 2022. CYBN CEO Doug Drysdale will present in a virtual fireside chat during the conference. The company announced that his presentation will be available starting Sept. 12 at 7 a.m. ET. An archived copy of the presentation will also be available on Cybin’s website following the event. To view the presentation, visit https://ibn.fm/OUzui To view the full press release, visit https://ibn.fm/4zLsz About Cybin Inc. Cybin…

ThursdayAug 25, 2022 10:59 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces New Strategic Collaboration, Rapid Progress on FIVE EV Crossover Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. TRE, an independent tier 1 engineering supplier for several large OEMs worldwide, is highly specialized in chassis development for production and prototype vehicles. In addition, Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (“CAE”) simulation loop. “The engineering work for the FIVE continues to progress in full swing. We’ve made rapid progress thanks…

WednesdayAug 24, 2022 2:45 pm

TinyGemsBreaks – Knightscope Inc. (NASDAQ: KSCP) Enters Strategic Contract with Weatherspoon Enterprises

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, has announced a new contract with Weatherspoon Enterprises Inc., a North Carolina-based integrated security services and solutions provider. Under the agreement, a K5 Autonomous Security Robot (“ASR”) will be used as a reseller demonstration device, and Weatherspoon will actively integrate Knightscope ASRs into its consulting and security services to include the most cutting-edge technologies focused on public safety. “We are thrilled to partner with Knightscope, a key leader responsible for bringing this much needed innovation to the physical security industry,” Weatherspoon’s CEO Charles Witherspoon…

TuesdayAug 23, 2022 11:29 am

TinyGemsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Lidar Tech on Display at IAA Transportation 2022

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has announced that its lidar integration solution for automotive headlamps will be showcased at the upcoming IAA Transportation 2022 Conference. Slated for Sept. 20–25, 2022, the conference is an ideal way for the company to shine a spotlight on its Nova lidar integration solution, which addresses perception blind spots with high precision and superior sensor location. The tech will be displayed in collaboration with ZKW Group GmbH (“ZKW”), a premium lighting systems and electronics specialist. The announcement noted that Cepton’s Nova lidar will be integrated into a heavy-duty…

TuesdayAug 23, 2022 11:02 am

TinyGemsBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of 166.8%. In addition, Tingo’s Q2 2022 gross profit amounted to $164.2 million, an increase of 208.6% versus Q2 2021 gross profit of $53.2 million. “We are again pleased to announce a strong operating performance for the second quarter of 2022, building on a strong first…

MondayAug 22, 2022 11:30 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Upcoming Launch of Fully Functional Demonstrator FIVE EV Crossover Vehicles

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that the first fully functional demonstrator vehicles of the Mullen FIVE EV Crossover will begin arriving this October. Mullen and hofer powertrain have been jointly developing the upcoming vehicles, which will be utilized in Mullen’s upcoming 2022 “Strikingly Different” Test Drive Tour as well as other events planned across the U.S. in 2023. “We are thrilled to launch the first fully functional, demonstrator FIVE EV Crossover vehicles this October,” said David Michery, CEO and chairman of Mullen Automotive. “Mullen and hofer have been working diligently to have these…

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