TinyGemsBreaks Archive - Page 46 of 100

MondayApr 24, 2023 11:20 am

TinyGemsBreaks – Mullen Automotive Inc.’s (NASDAQ: MULN) MAEO to Execute $680K Contract with the District of Columbia

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced that its majority owned subsidiary, Mullen Advanced Energy Operations (“MAEO”), will today begin execution of a $680,000 contract that was previously awarded by the District of Columbia, Washington, D.C., to EV Technologies, LLC. The contract covers the purchase and installation of Energy Management Module (“EMM”) units on Chevrolet Bolts within the D.C. city government’s vehicle fleet. “The D.C. city project is the first of many that we have planned for the new EMM technology,” said David Michery, CEO and chairman of Mullen Automotive. “Municipal city fleets are a…

FridayApr 21, 2023 1:46 pm

TinyGemsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Advancing Potentially Pivotal Berubicin Trial

CNS Pharmaceuticals (NASDAQ: CNSP) recently reported the enrollment of the first patient in Switzerland as a participant in its ongoing potentially pivotal global trial evaluating Berubicin for the treatment of glioblastoma multiforme (“GBM”). “CNS Pharmaceutical’s adaptive, multicenter, open-label, randomized controlled study targets adult patients with recurrent GBM after failure of standard first-line therapy. In addition, the study will also enroll patients who have received additional treatments as part of the first-line therapy in recognition of the complexity of new agents introduced as a component of this therapy. The study will compare Berubicin, a novel anthracycline and the first anthracycline to…

FridayApr 21, 2023 12:45 pm

TinyGemsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Differentiated with Focus on Tech-Driven Solutions, Outstanding Customer Service

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) recently acknowledged an endorsement by leading investment and research firm Chardan Capital Research that included a buy rating for the company at a price target of $2.00. “We are pleased to be able to share the results of Chardan’s independent analysis of our company’s growth and potential. Our focus on technology-driven solutions and outstanding customer service has allowed us to differentiate ourselves in the market, and we will continue to build on that success,” a recent article quotes Fr8Tech CEO Javier Selgas as saying. “Fr8Tech has built a suite of technology-based solutions to help automate…

FridayApr 21, 2023 9:40 am

TinyGemsBreaks – Aditxt Inc. (NASDAQ: ADTX) Registered Direct Offering Expected to Total $1.9M

Aditxt (NASDAQ: ADTX), an innovation company developing and commercializing technologies with a focus on monitoring and modulating the immune system, has entered into a definitive agreement. The company announced a registered direct offering totaling $1.9 million; the agreement is with a single healthcare-focused institutional investor and includes the purchase and sale of 1,585,350 shares of common stock (or common stock equivalents in lieu thereof) at a purchase price of $1.22 per share (or common stock equivalents in lieu thereof). According to the announcement, a concurrent private placement calls for the company to also issue unregistered warrants to purchase up to 3,170,700…

ThursdayApr 20, 2023 2:31 pm

TinyGemsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Reports on Test Results for Acquired Tech Showing Major Energy Advancement

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released test results from technology acquired through a recent joint venture. According to the announcement, previous vehicle test results, which were performed by Element Materials Technology, show that Energy Management module (“EMM”) technology resulted in range increase of 60%–70% along with an increase in efficiency of any current EV battery. In addition to the testing conducted by Element Materials, the EMM technology was tested by Mullen Automotive engineers on Mullen’s class 1 EV cargo van with results indicating a more than 75% increase in range for vehicle’s 42-kWh lithium-ion…

ThursdayApr 20, 2023 10:46 am

TinyGemsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expanding Portfolio with Four New Patents

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that it has received notifications of four new patents either awarded or allowed. In Japan, the company secured a new patent under its Patent Family #3: Stable Ready-to-Drink Beverage Compositions Comprising Lipophilic Active Agents. This is Lexaria’s fifth awarded patent in Japan, providing strength to its growing Japanese patent portfolio. In Australia, Lexaria has received a new patent under its Patent Family #18: Compositions and Methods for Enhanced Delivery of Antiviral Agents. This is Lexaria’s 10th patent in Australia and its second in this patent family.…

ThursdayApr 20, 2023 10:19 am

TinyGemsBreaks – Aditxt Inc. (NASDAQ: ADTX) Inks Asset Purchase Agreement for 50% Ownership of Global Response Aid

Aditxt (NASDAQ: ADTX), a global innovation company focused on therapeutics and technologies that monitor and modulate the immune system, has signed an asset purchase agreement with Cellvera Ltd. According to the announcement, the agreement gives Aditxt a 50% ownership in G Response Aid FZE; the remaining 50% ownership belongs to global logistics leader Agility Inc. Calling the agreement a “significant step” for the company, Aditxt officials noted that the agreement allows the company to partner with Agility to address a growing global market need for effective antivirals. Specifics of the transaction include the consideration of (A) $24.5 million, comprised of: (i)…

WednesdayApr 19, 2023 2:27 pm

TinyGemsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces 12% Reduction in Backlog; Ships ASRs and Blue Light Emergency Systems

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has shipped multiple Autonomous Security Robots (“ASRs”) around the country in the past month; the company has also shipped numerous blue light emergency communication systems. Consequently, the company is reporting a reduction in backlog of more than 12%. According to the company, the ASRs were shipped to California, Florida, New York, Washington state and Washington, DC. The robot shipments represented an estimated $258K in annualized revenue. The blue light emergency shipments represented approximately $417K in revenue. Knightscope also reported that the Westland Real Estate…

WednesdayApr 19, 2023 11:52 am

TinyGemsBreaks – Cepton Inc. (NASDAQ: CPTN) Expands Proprietary Chipset for Automotive Lidar with Release of Komodo

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the release of Komodo, its proprietary lidar point cloud processor ASIC (Application-Specific Integrated Circuit) chip. A highly integrated custom SoC, developed by Cepton in California, Komodo is designed to maximize the technical advantages of Cepton’s patented lidar architecture to significantly improve point cloud quality while replacing several merchant silicon devices to dramatically reduce cost. Supported by the company’s deep experience in industrializing automotive lidar for volume production through its flagship ADAS lidar series production program, Komodo successfully achieved production-ready status and is expected to begin…

TuesdayApr 18, 2023 12:08 pm

TinyGemsBreaks – Mullen Automotive Inc. (NASDAQ: MULN), EVT Collaborate to Enhance EV Performance, Scale to Other Energy Applications

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a partnership with Global EV Technology, Inc. and EV Technologies, LLC. (collectively “EVT”) to form Mullen Advanced Energy Operations, LLC. (“MAEO”) with initial development for improving energy management technology in electric vehicles for greater range and vehicle performance and scaling to other energy applications. Mullen owns 51% of the newly formed entity and will consolidate the results of its operations in Mullen Automotive. Under the agreement, Global EV Technology will contribute its technology and existing contracts to MAEO, and Mullen will provide capital, execution and commercialization to grow…

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