Energy and Environmental Initiatives
SolarBank (NASDAQ: SUUN) announced plans to develop a 7 MW DC ground-mount solar power project in Lancaster County, Pennsylvania, part of a larger 24.8 MW DC initiative. TOYO Co. (NASDAQ: TOYO) plans to establish a 2 GW solar cell manufacturing facility in Hawassa, Ethiopia, to leverage Ethiopia's green power and diversify its supply chain. Read More
Willdan Group, Inc. (NASDAQ: WLDN) has been awarded a four-year contract by the City of Seattle to implement its Seattle City Light Energy Design Assistance Program. This initiative will promote energy-efficient design in new buildings, partnering with local women- and minority-owned businesses, using its NEO® software. Read More
Belpointe PREP, (NYSE American: OZ), a publicly traded qualified opportunity fund, has provided an initial assessment of Hurricane Milton's impact on its properties. The company reported no significant damage to Aster & Links in Sarasota and Viv in St. Petersburg, Florida. Read More
Defense, Aerospace, and Contracts
AeroVironment (NASDAQ: AVAV) secured an additional $743 million contract ceiling for Switchblade® loitering munition systems from the U.S. Army. This includes a $54.9 million delivery order for production, with completion expected by June 2026. The contract supports the U.S. Army and allies such as Lithuania and Sweden. Read More
Leonardo DRS (NASDAQ: DRS) demonstrated its new Counter Unmanned Aircraft System, enhancing capabilities against UAV threats. Read More
BigBear.ai (NYSE: BBAI) has been awarded a five-year, $165.15 million contract by the U.S. Army for Global Force Information Management. This project is set to enhance the Army's data-centric force management efforts. Read More
Mergers and Acquisitions
SpartanNash (Nasdaq: SPTN) has announced the acquisition of Fresh Encounter Inc. (FEI), a 49-store supermarket chain operating in Ohio, Indiana, and Kentucky. This acquisition expands SpartanNash's retail footprint by 33%. Read More
Bit Digital, Inc. (Nasdaq: BTBT) has acquired Enovum Data Centers for CAD $62.8 million (USD $46MM), vertically integrating its HPC operations. The acquisition includes a fully operational 4MW Tier 3 datacenter in Montreal and a 288 MW development pipeline. Read More
WhiteHawk Energy has reiterated its proposal to acquire PHX Minerals for $4.00 per share in an all-cash transaction, representing a notable 19% premium over recent averages. Read More
Healthcare and Pharmaceuticals
PTC Therapeutics announced that the FDA has set a target regulatory action date of July 29, 2025, for the review of the New Drug Application (NDA) for sepiapterin. The NDA was submitted for the treatment of phenylketonuria (PKU) in pediatric and adult patients, covering all age groups and disease subtypes. Additionally, the results of the Phase 3 APHENITY trial were published in The Lancet. Read More
Helius Medical Technologies (Nasdaq:HSDT) announced updates on CMS reimbursement determinations for its Portable Neuromodulation Stimulator (PoNS®) device, planning to challenge a set reimbursement rate, aiming for better access for MS patients with gait deficits. Read More
Biofrontera Inc. (Nasdaq: BFRI) has announced the database lock for its Phase 3 study ALA-BCC-CT013, evaluating Ameluz®-Photodynamic Therapy (PDT) for treating superficial Basal Cell Carcinoma (sBCC). Read More
Sight Sciences (NASDAQ: SGHT) announced the publication of a new study demonstrating the efficacy of TearCare treatment for dry eye disease (DED) in Clinical Ophthalmology. Read More
Eli Lilly reported strong outcomes for its Crohn's disease treatment in a Phase 3 study. Jasper Therapeutics presented positive data on briquilimab for urticaria. Exelixis and Merck (NASDAQ: EXEL) announced a collaboration on investigational treatments for head and neck cancer and RCC. Read More
Corporate and Financial Developments
Phillips 66 (NYSE: PSX) has announced it will sell its 49% interest in Coop Mineraloel AG (CMA) to its Swiss partner, supporting strategic priorities with proceeds of approximately $1.24 billion. The transaction is part of commitments to over $3 billion in divestitures. Read More
Coty, a leading global beauty company, announced preliminary Q1 results, highlighting 4-5% LFL sales growth and reiterated its FY25 EBITDA outlook of +9-11% YoY growth. Read More
Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) renewed its media partnership with New to The Street, including broadcast and outdoor advertising, showcasing leadership in antibiotics innovation. Read More
Forum Energy Technologies (NYSE: FET) announced a private offering of $100 million in 5-year senior secured bonds, intending to use proceeds and cash to redeem notes due 2025 and repay related borrowings. The offering targets non-U.S. investors under Regulation S. Read More
Medical Properties Trust released findings of an independent investigation into short-seller allegations, revealing no evidence of improper practices or management misconduct. The Board supports management, emphasizing recent settlement agreements. Read More
Elliott Investment Management, with an 11% interest in Southwest Airlines (NYSE: LUV), has called for a special shareholder meeting to propose board changes, pushing for governance enhancements. Read More
Tevogen Bio's CEO reaffirms commitment to shareholder transparency following recent $1 billion-plus revenue potential announcement, emphasizing growth and an extensive biotech pipeline. Read More
Technology and Innovation
WiMi Hologram Cloud Inc. (NASDAQ: WIMI) has announced a machine learning-based blockchain hybrid consensus algorithm, enhancing security and efficiency in the blockchain ecosystem. Read More
Adobe (NASDAQ: ADBE) introduced a global initiative to help 30 million next-generation learners develop AI literacy by 2030. Read More
Gorilla Technology (NASDAQ: GRRR) launched the Gorilla Intelligent Network Director to enhance network productivity and security. Read More
nLIGHT (NASDAQ: LASR) announced its global launch of laser technologies for cutting and process monitoring to meet advanced demands in industrial and aerospace markets. Read More
UL Solutions Inc. (NYSE: ULS) launched the AI Model Transparency Benchmark, promoting responsible AI development by assessing AI model transparency. Read More
AWS ecosystem expansion in Asia-Pacific drives digital transformation, highlighting a surge in demand for cloud solutions across industries and increasing interest in AWS partnerships. Read More
