TinyGemsBreaks Archive - Page 42 of 128

WednesdayJan 10, 2024 1:45 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ATVM Pre-Application for Domestic Battery Materials Processing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary Mullen Advanced Energy, LLC submitted a pre-application to the U.S. Department of Energy (“DOE”) Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program to support its expansion into domestic battery manufacturing. A $25 billion-dollar direct loan program funded by Congress in fall 2008, ATVM is designed to provide debt capital to the U.S. automotive industry for the purpose of funding projects that help vehicles manufactured in the U.S. meet higher mileage requirements and lessen U.S. dependence on foreign oil. “We are fully committed to transitioning the manufacturing of EVs…

MondayJan 08, 2024 3:18 pm

TinyGemsBreaks – Cepton Inc. (NASDAQ: CPTN) Unveils Ultimate Solution for Automotive Industry – Ultra

Cepton (NASDAQ: CPTN), a Silicon Valley innovator of high-performance lidar solutions, has announced the unveiling of its new flagship automotive lidar, Ultra. The world’s slimmest adaptive, long-range lidar, Ultra is designed based on real OEM requirements for next-generation consumer vehicle ADAS and automated driving capabilities. It boasts Cepton’s latest innovation – MagnoSteer(TM) – enabling an unmatched combination of performance, power efficiency and compactness. “Powered by MagnoSteer, Ultra breaks the performance bottleneck of 905 nm lidars while taking advantage of a mature, mass-market-ready laser technology. With a 300 m detection range at 10% reflectivity, it can detect and locate a dark…

ThursdayJan 04, 2024 2:54 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Invoices $12M-Plus for Class 1, Class 3 EVs in 2023

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on the status of its Class 1 and Class 3 vehicles for 2023. According to the announcement, the company delivered 100 Class 1 and 141 Class 3 vehicles by year end, for a total invoiced amount of $12,559,520. Mullen also anticipates delivering an additional 185 Class 1 vehicles by Jan. 8, 2024. The vehicles were delivered to the Randy Marion Automotive Group as part of a vehicle purchase order calling for 6,000 Class 1 vehicles and 1,000 Class 3 vehicles in total; invoicing for the vehicles will total…

ThursdayJan 04, 2024 2:22 pm

TinyGemsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Shown to Improve Oral Performance of Rybelsus(R)-Branded GLP-1 Drug Semaglutide

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced positive final results from its recently completed human Pilot Study #1 evaluating DehydraTECH(TM) technology for the oral delivery of the glucagon-like peptide-1 (“GLP-1”) drug semaglutide available commercially in the branded product Rybelsus(R). According to the announcement, the study was performed by a prominent university research center comparing a single 7 mg semaglutide dose of a Rybelsus tablet (“control”) to a matching dose from Rybelsus that had been compound formulated in capsule form using DehydraTECH processing technology enhancements (“DehydraTECH GLP-1”). In general, the DehydraTECH processing enabled improvements…

ThursdayJan 04, 2024 9:15 am

TinyGemsBreaks – Diamond Lake Minerals Inc. (DLMI) Partners with Online Tree-Planting Platform to Plant Trees in Kenya

Diamond Lake Minerals (OTC: DLMI), a leading player in the digital asset landscape bridging the gap between traditional finance and decentralized finance, has initiated the planting of 500 mangrove trees in Kenya. DLMI is partnering with Evertreen in this tree-planting initiative; the trees planted are expected to absorb 154 tons of CO2 over their lifespan. DLMI’s partnership with Evertreen addresses deforestation, supports habitat protection and advances sustainable development goals established by the United Nations. In addition, the company will continue to plant trees every month, with the objective of planting millions of trees over the next decade. The company opted to plant mangroves…

WednesdayJan 03, 2024 12:45 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reaches Class 3 Delivery Target for 2023 Calendar Year

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting that it reached its Class 3 target for the calendar year 2023. According to the announcement, the company built 154 Class 3 vehicles and delivered 141 Class 3 vehicles to the Randy Marion Automotive Group (“RMA”) for a total invoiced amount of $9,196,021; the company noted that the remaining 13 vehicles are being utilized for engineering and marketing purposes. Production of the Mullen Three takes place in the company’s Tunica, Mississippi-based commercial vehicle facility; the Mullen ONE, Class 1 EV cargo van and Class 3 EV cab chassis…

TuesdayJan 02, 2024 1:24 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Additional Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its delivery of 50 additional Class 1 EV cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”), invoicing RMA for $1,681,750. To date, Mullen has delivered 100 Class 1 cargo vans for a total invoiced amount of $3,363,500 and is on target to deliver a total of 285 Class 1 vehicles by Jan. 8, 2024. “We ended 2023 with an emphasis on delivering Class 1 and Class 3 vehicles and are now ramping up production to meet the commitments we have for the 2024 demands of…

ThursdayDec 28, 2023 12:45 pm

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

ThursdayDec 28, 2023 11:52 am

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

ThursdayDec 28, 2023 10:21 am

TinyGemsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5…

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