TinyGemsBreaks Archive - Page 69 of 122

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…

TuesdayApr 18, 2023 11:58 am

TinyGemsBreaks – RYVYL Inc. (NASDAQ: RVYL) Releases Financial Report for Q4, FY 2022

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, is reporting record full-year revenues in its just-released financial report, which covers the fourth quarter and full year for the period ending Dec. 31, 2022. Highlights of the report included 33% growth in full-year revenue, which totaled $32.9 million on processing volume of $3.6 billion, an 83% increase from $1.95 billion processed in 2021; record Q4 revenue of $11.1 million, a 56% increase over Q4 2021; and FX and international payments business reporting more than $1 billion…

MondayApr 17, 2023 12:31 pm

TinyGemsBreaks – Aditxt Inc. (NASDAQ: ADTX) Releases Shareholder Update on Major Programs, M&A Plans

Aditxt (NASDAQ: ADTX), an innovation company developing and commercializing technologies with a focus on monitoring and modulating the immune system, has released a shareholder update outlining its three innovation programs and strategic M&A initiatives. The update notes that subsidiary Pearsanta submitted a bid to acquire substantially all assets of Lucira Health Inc., including Lucira Connect and FDA-approved at-home combination COVID-19 and flu tests. The company was chosen as a backup bidder. Despite an objection filed by Aditxt noting issues related to fairness and good faith, Pearsanta remains the backup bidder. Earlier this month, Aditxt formed a wholly owned subsidiary, Adivir Inc.,…

MondayApr 17, 2023 12:02 pm

TinyGemsBreaks – RYVYL Inc. (NASDAQ: RVYL) Plans to Release Q4, FY 2022 Financial Report Later Today

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, announced that it will release financial information later today. The financial report will for the fourth quarter and full year 2022. In addition, the company noted that it has scheduled an earnings call, which will begin at 4:30 p.m. ET today. During the call, company management will discuss the earnings report. Those interested in attending the call can dial 1-877-407-4018 in the United States or 1-201-689-8471 internationally. The call will also be available as a webcast. In addition, a…

FridayApr 14, 2023 12:52 pm

TinyGemsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Demonstrates Positive Results in First Diabetes Study

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, is increasing the bioavailability of and improving the way that active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery with its patented DehydraTECH(TM). “Most recently, a company announcement indicates that a just-completed DIAB-A22-1 diabetes study has produced at least three positive outcomes, including weight loss in obese diabetic-conditioned animals and improved triglyceride and cholesterol levels. The animals tested in the study showed these dramatic changes in as few as three days when dosed with DehydraTECH-processed cannabidiol (‘CBD’), aligned with other study work pointing to…

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