Technology and AI Expansions
Lockheed Martin is integrating IBM's Granite large language models (LLMs) into its AI Factory tools to enhance defense and aerospace capabilities. This collaboration aims to accelerate deployment times and empower its workforce. Read More
Pray.com has partnered with Palantir Technologies to enhance its content translation abilities, showcasing Palantir's AI Platform versatility. Read More
Quantum announced a new parallel file system client for their Myriad all-flash file system with NVIDIA GPUDirect Storage, designed for AI/ML, HPC visualization, and video rendering applications. Read More
Cineverse launched Matchpoint Reel Visuals AI, an AI rights management service, offering a non-exclusive revenue-sharing model for content monetization. Read More
EQTY Lab, in partnership with Intel and NVIDIA, has launched Verifiable Compute, a solution for AI governance and auditing, providing certificates of authenticity for AI operations. Read More
WISeKey is developing its next-generation Quantum RootKey, to be launched in 2025, to protect digital identities against quantum computing threats. Read More
Maris-Tech completed its Uranus-Drones technology, securing its first large order for unmanned aircraft system video payloads. Read More
Brightcove has enhanced its platform capabilities through strategic partnerships with MarTech solutions, like Acquia's Digital Asset Management system, aiming to streamline video content management and distribution. Read More
Industrial and Transportation Advances
Veeco Instruments Inc. announced PlayNitride's qualification of its Lumina® MOCVD system and orders for MicroLED production. Read More
Mullen Automotive announced EV shipments totaling $5.5 million in sales while managing the company's burn rate. Read More
Saia Inc. has partnered with Tesla to introduce two Tesla Semi trucks to its fleet, highlighting efficiency and sustainability in logistics to celebrate its 100th anniversary. Read More
Toyota received $4.5 million in federal funding to develop a circular domestic supply chain for electric vehicle batteries, introducing robotic disassembly processes. Read More
Canoo (GOEV) announced the furlough of 82 employees and the temporary closure of its Oklahoma factories while working to secure necessary capital for continuing operations. Read More
Healthcare and Biotechnology Innovations
Practix Precision Medicines received Rare Pediatric Disease Designation for relutrigine in Dravet syndrome treatment, showing promising clinical results. Read More
Sarepta Therapeutics completed enrollment in the EMERGENE Phase 3 study for SRP-9003 in Limb-Girdle Muscular Dystrophy. Read More
Channel Therapeutics revealed promising preclinical trials for a NaV1.7 inhibitor, offering new hope in post-surgery pain management. Read More
Jaguar Health initiated a Phase 2 study for crofelemer in Microvillus Inclusion Disease, a promising development in intra-oral drug delivery for this rare condition. Read More
Trinity Biotech received early approval from WHO to transfer HIV test manufacturing to a cost-effective offshore location, aiming to improve margins. Read More
Iridex announced a five-year study demonstrating the long-term effectiveness of its MicroPulse TLT for glaucoma, reducing intraocular pressure significantly. Read More
Savara Inc. has initiated a rolling BLA submission to the FDA for MOLBREEVI, aiming to treat a rare lung disease, with expected completion by Q1 2025. Read More
Atea Pharmaceuticals (NASDAQ: AVIR) is facing pressure from a Concerned Shareholder Group owning approximately 3% of outstanding shares to appoint a new, shareholder-oriented Lead Independent Director. Read More
Energy and Environmental Initiatives
American Battery Technology Company received a $144 million DOE grant for its second battery recycling facility, poised to elevate North America's battery-grade mineral output. Read More
NOVONIX (NASDAQ: NVX) has joined other American Active Anode Material Producers in filing a trade case with the U.S. Department of Commerce against China's unfair graphite pricing practices. Read More
Technip Energies and LMNZTech were awarded $200 million from the DOE for developing sustainable CO2 recycling technology, advancing ethylene production. Read More
Lightbridge expressed its support for an MOU between the NRC and DOE to advance development of nuclear fuels, which supports the progress of their Lightbridge Fuel™. Read More
Consumer and Lifestyle Trends
Life Time released its fitness app for free, promoting healthier lifestyle choices. Read More
OutKick, a FOX sports platform, reported impressive growth with increased unique visitors and social media engagement. Read More
Silverstein Properties, in collaboration with ALLE, introduced resident keys via Apple Wallet, enhancing resident access with SwiftConnect's platform. Read More
Significant Financial Results and Strategic Moves
Omnicom Media Group is projected to lead global media groups in 2024 with substantial growth due to significant client wins and high retention rates. Read More
General Mills reported a slight Q2 sales increase but adjusted its full-year outlook, with strength in retail segments. Additionally, General Mills has completed the acquisition of Whitebridge Pet Brands' North American premium Cat feeding and Pet treating business from NXMH for $1.45 billion. Read More
Sonoco Products Company (NYSE: SON) has announced an agreement to sell its Thermoformed and Flexibles Packaging (TFP) business to TOPPAN Holdings Inc. for approximately $1.8 billion, aiming to streamline its portfolio. Read More
Toro Company announced record annual net sales and robust fiscal 2024 results, underpinned by strategic partnerships. Read More
Enerpac Tool Group reported a 21% increase in GAAP EPS for Q1 FY2025, despite a sluggish industrial environment, maintaining fiscal 2025 guidance. Read More
Lennar reported Q4 2024 results with new orders and deliveries both declining. The company maintains a strong financial position and provided robust 2025 guidance. Read More
Snow Lake Energy has announced its intention to conduct a best efforts public offering of common shares and pre-funded warrants, focusing on general corporate purposes. Read More
Corporate Governance and Transactions
Mueller Water Products (NYSE: MWA) has announced changes to its Board of Directors as part of its refreshment plan, proposing new nominations at the Annual Meeting of Stockholders. Read More
Applied Optoelectronics (NASDAQ: AAOI) has announced a private exchange offer for its 2026 Notes and a concurrent registered direct offering of common stock. Read More
Viasat (NASDAQ: VSAT) has completed the sale of its Energy Services System Integration business to MAG Capital Partners, aligning with its strategy to enhance its financial position. Read More
Independent Bank Corp. (NASDAQ: INDB) and Enterprise Bancorp (NASDAQ: EBTC) have announced a merger agreement to consolidate their businesses, creating a significant banking entity in their regions. Read More
Resource Discovery and Mining Developments
Silvercorp Metals (TSX/NYSE: SVM) reported significant drill results from its ongoing diamond drilling program at the LMW underground mine in China's Ying Mining District, including notable gold and copper intercepts. Read More
