The Company has signed a $45 million financing agreement (the “Agreement”) with a U.S. institutional investor, with the full amount received on the same day. For both our stockholders and the Company, this is our lowest-cost from dilution perspective, that is, less potential dilution and most favorable financing transaction in recent years, reflecting its commitment …
Category Archives: BusinessWire
SkyDrive Becomes Japan’s First eVTOL Developer to Earn “Approved Design Organization” (ADO) Certification
— A Major Milestone Toward Type Certification and the Future of Advanced Air Mobility — TOYOTA, Japan–(BUSINESS WIRE)–#FlyingCar–SkyDrive Inc. (“SkyDrive”), a leading eVTOL (*1) aircraft manufacturer based in Japan, is proud to announce that it has officially received Approved Design Organization (ADO) certification from the Japan Civil Aviation Bureau (JCAB), under the Ministry of Land, …
Mitsubishi Electric to Launch Railway Energy Management Solution Proof of Concept for Krakow Tram Network in Poland
Railway data analysis service and energy storage system for optimized electricity usage TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a proof of concept (PoC) project for a railway energy management solution (railway EMS) to be tested on the tram network in Krakow, Poland, beginning in April 2026. The project will …
Petronor and H2SITE Partner to Pioneer High-Purity Hydrogen Production in Refining Through Advanced Membrane Technology
BILBAO, Spain–(BUSINESS WIRE)–H2SITE, a technology company specialised in advanced hydrogen production and separation solutions, has signed a strategic agreement with Petronor, a leading refinery and key industrial player in the energy sector with a clear commitment to achieving net-zero emissions, to deploy its high-efficiency hydrogen separation technology at Petronor’s refinery. The partnership sets the stage …
SymphonyAI Launches Eight AI Applications Purpose-Built for Energy Asset Reliability and Operational Performance
Eight AI applications engineered for asset reliability, operational performance, and emissions obligations PALO ALTO, Calif.–(BUSINESS WIRE)–#AssetReliability—SymphonyAI, a global leader in Vertical AI platforms, today announced eight new industrial AI applications purpose-built for energy operators, marking the most targeted expansion of IRIS Foundry into the energy sector to date. Unlike generic asset management software, these applications …
Invivoscribe Announces the PrepQuant™ System, an Integrated Sample Preparation Platform that Standardizes and Streamlines Pre-Analytical Workflows
SAN DIEGO–(BUSINESS WIRE)–Invivoscribe®, a global leader in precision diagnostics and measurable residual disease (MRD) testing, today announced the launch of the PrepQuant™ System, a novel sample preparation platform that integrates nucleic acid extraction, concentration, and quantification with a single automated instrument. This innovative system is designed to standardize sample preparation and simplify pre-analytical workflows to …
FPT Advances Chugoku Electric Power Group’s Digital Transformation Through Microsoft 365 Deployment
HANOI, Vietnam–(BUSINESS WIRE)–#Energy–FPT has signed a landmark agreement to provide Microsoft 365 (M365) licenses to Chugoku Electric Power Group – one of Japan’s ten largest regional power utilities, ranked sixth by electricity sales. This milestone underscores FPT’s leadership in Japan’s technology sector and its pivotal role in driving innovation and advancing the digital transformation of …
Meiji Seika Pharma’s Nacubactam to Be Featured in 10 Presentations at ESCMID Global 2026 — Including Phase III Integral-2 Results
TOKYO–(BUSINESS WIRE)–Meiji Seika Pharma Co., Ltd. (headquartered in Tokyo; President and Representative Director: Toshiaki Nagasato) today announced that at ESCMID Global 2026, to be held from 17 to 21 April 2026, it will present a total of ten studies on its novel β-lactamase inhibitor nacubactam (development code: OP0595), for which a manufacturing and marketing authorisation …
Hunting PLC (“Hunting” or “the Company” or “the Group”) AGM and Q1 2026 Trading Update
LONDON–(BUSINESS WIRE)–Hunting PLC (LSE: HTG), the precision engineering group, issues the following Trading Update for Q1 2026, ahead of its Annual General Meeting that will take place today at 10:30 a.m. BST in London. Commenting on the Company’s Q1 2026 performance and full-year outlook, Chief Executive Jim Johnson, said: “Hunting has delivered a solid Q1 …
Navan Selected by Opella to Streamline Global Travel and Expense
Self-care company aims to simplify employee T&E experience and targets cost savings with AI-powered platform PALO ALTO, Calif.–(BUSINESS WIRE)–Navan (NASDAQ: NAVN), the global AI-powered business travel and expense management platform, today announced it has been selected by Opella to manage its global travel and expense programme. “Navan provides our teams with an easy-to-use tool that …
Continue reading “Navan Selected by Opella to Streamline Global Travel and Expense”