ABU DHABI, United Arab Emirates, May 16, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today announced the launch of fully driverless Robotaxi trial operations in Abu Dhabi – the first deployment of its kind in the Middle East. Starting this quarter, a fleet of WeRide’s Robotaxis will be piloted on public roads without a safety driver, marking a major milestone in... Read more
GARDENA, CA, May 16, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months ended March 31, 2025. Q1 2025 Financial Highlights ● Net sales were $1.7 million, compared to $1.7 million in the same period last year ● Gross profit increased to... Read more
TORONTO, ON / ACCESS Newswire / May 16, 2025 / Aclara Resources Inc. ("Aclara" or "Company") (TSX:ARA) is pleased to announce that, as part of the environmental licensing evaluation process, it has received the second round of technical observations, known in Chile as the "Second ICSARA", from the Environmental Service Assessment Authority (the "SEA") and various other government agencies that reviewed the Penco... Read more
Archer’s Midnight eVTOL Aircraft Will Seek to Integrate Across the LA28 Games through Transporting VIPs, Fans, & Stakeholders, While Electrifying Vertiport Take-off-and-Landing Hubs for Key Venues LOS ANGELES / May 15, 2025 / Business Wire / Today, Archer (NYSE: ACHR) announced that it has been selected as the Official Air Taxi Provider of the LA28 Olympic and Paralympic Games and Team USA. Through this... Read more
N2OFF to take part in financing a 35MW/140MWh planned Battery Energy Storage System project in Poland Neve Yarak, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation for agri- tech, recently announced its entry into the Polish renewable energy market by participating in the... Read more
CALGARY, AB, May 15, 2025 /CNW/ - Exro Technologies Inc. (TSX: EXRO) ("Exro" or the "Company"), a leading technology company specializing in power control solutions for electric vehicles and energy storage, today announced its financial results for the first quarter ended March 31, 2025. Q1 2025 Highlights Revenue of $4.4 million from delivery of 23 electric propulsion units and aftersales... Read more
Revenue Growth of 103% to $6.7 million Reaffirms Full-Year 2025 Revenue Guidance of $27 million to $29 Million Management to Host Conference Call at 4:30 pm ET on Monday, May 19, 2025 FORT LEE, N.J. / May 15, 2025 / Business Wire / Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of distributed energy resources, power... Read more
AUSTIN, Texas and NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) reported financial and operating results for the first quarter 2025 today. Headlines T1 has signed 253 MW 2025 sales agreement with U.S. utility-scale developer. This sales agreement, which is the first new customer commitment the Company has signed as T1 Energy, underscores T1’s... Read more
In Contracting for 50 MWh Energy Base Award with Arizona based Utility Proposal Activity up to ~1.2 GWh and Growing following Energy Base Product Launch Energy Warehouse Startup Completed in the Second Quarter for California Irrigation District systems ESS’ Made in the USA batteries Well Positioned to Navigate Tariff Volatility ESS Global Fleet Nearing 2.5 GWh of Transacted Energy WILSONVILLE, Ore. / May 15,... Read more
AUSTIN, Texas, May 15, 2025 /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, reports results for its first quarter ended March 31, 2025. "We had a strong start to the year as we completed SSCB prototypes related to our first design... Read more
Q1 2025 Revenue Growth of 111% Driven by New Products and Technologies 5th Consecutive Quarter of Robust Revenue Growth Began Shipping e360 Home Energy Storage Solutions REDMOND, Ore., May 15, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage, today reported its financial and operational results for the first... Read more
SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 months Commercial Revenues increased 41%... Read more
Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO / May 15, 2025 / Business Wire / Nuvve Holding Corp. (“Nuvve”, “we”, the “Company”) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local... Read more
MISSISSAUGA, Ontario, May 15, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to report its financial results for the three-month period ended March 31, 2025. “The value proposition offered by our unique water electrolyzers is clear and well supported by over 40,000 hours of data. This has... Read more
Purified material will also be used in Advanced Battery and Specialty Applications to fulfill current and future projects. May 15, 2025 – TheNewswire - Ottawa, ON – Focus Graphite Advanced Materials Inc. (TSX.V: FMS | OTCQB: FCSMF | FSE: FKC) (“Focus” or the “Company”), is proud to announce that its high-purity graphite material, processed and further purified through our strategic... Read more
VANCOUVER, British Columbia / May 15, 2025 / Business Wire / Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it has filed its Quarterly Report on Form 10-Q, which includes the Company’s consolidated interim financial statements (“Financials”) for the three months ended March 31, 2025 (“Q1 2025”), and provided an update on its Thacker Pass lithium project in Humboldt... Read more
First Quarter 2025 Financial Highlights (All comparisons made are against the prior-year period) Net sales were $13.4 million, compared to $12.5 million, up 6.8%. OEM net sales were $8.1 million, compared to $7.3 million, up 10.8%. Gross Margin was 29.4%, compared to 24.4%, up 500 basis points. Net Loss was $(6.8) million, compared to $(10.4) million. Adjusted EBITDA was $(3.6) million, compared to $(5.2)... Read more
TORONTO, ON / ACCESS Newswire / May 15, 2025 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or "the Company") provides a third quarter activities update for nine months ending March 31, 2025 on its mine operations in Madagascar, and progress in the consideration of a larger-scale expansion of the Molo mine and the development of a Battery Anode Facility. The Company's third quarter financials... Read more
Tony Carroll brings over 40 years of experience in U.S.-Africa trade, policy, and investment, advising top institutions and shaping landmark economic development initiatives ReElement's modular, cost-effective, and non-toxic refining technology enables local value creation and rapid deployment near critical mineral resources across Africa FISHERS, IN / ACCESS Newswire / May 15, 2025 / American Resources... Read more
Issuance of the Updated Feasibility Study that reflects advancement in engineering, project design, and updated financial parameters. Active work on the financing stage via presentation of the Updated Feasibility Study to financial stakeholders and on due diligence workstreams to bring the Phase-2 Matawinie Mine and the Bécancour Battery Material Plant to FID. Engineering underway for the Phase-2 Bécancour... Read more
GUANGZHOU, China, May 14, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has introduced eight autonomous Robotaxi pilot operation routes in central Guangzhou, establishing China's first 24-hour autonomous ride-hailing network covering the core areas of a Tier 1 city. This marks a significant step toward the... Read more
Signature Halo LED provides instant charging status visibility Available in both J1772 and NACS formats Built with IP65 and IK08 durability for all-weather installation Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider and network... Read more
QUEBEC CITY, Canada, May 14, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), is pleased to announce the launch of LeddarSim™, a next-generation simulation platform purposely built to reduce the gap between virtual testing and real-world... Read more
The parties will engage in a POC project to improve urban transit safety through precision curb detection system Ness Ziona, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced today the signing of an agreement for proof of concept (POC) project with a global... Read more
SINGAPORE / May 14, 2025 / Business Wire / Karooooo Limited (“Karooooo”) reported record results for the fourth quarter (“Q4 2025”) and full-year FY 2025 ended February 28, 2025. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics. Q4 2025 and FY2025 highlights include: Karooooo delivered record revenue, operating income and EPS for the fourth quarter and full year FY2025 Karooooo FY2025 EPS increased... Read more
Record revenues and gross margins showcase the Company's progress toward achieving full-year targets and long-term goals Accelerating LiDAR shipments to Volkswagen Autonomous Mobility for ID. Buzz AD on the Mobileye Drive™ platform ahead of fleet deployments by MOIA and Uber; Fabrinet partnership to support volume production Expansion of NRE payment plan to approximately $95M underscores customer commitment to... Read more
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), a leading explorer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today provided a corporate update and first quarter results for the period ending March 31, 2025. Q1 2025 Financial Highlights Total liquidity of... Read more
Unified Product Architecture Creates New Global LiDAR Standard with Top OEMs & Streamlines Business Production LiDAR Shipments Up 50% QoQ; Continued OpEx Improvement QoQ ORLANDO, Fla. / May 14, 2025 / Business Wire / Today, Luminar (NASDAQ: LAZR), a leading global automotive technology company, shared an updated strategic plan for its business and reported financial results for the first quarter of 2025.... Read more
QUEBEC CITY, Canada, May 14, 2025 (GLOBE NEWSWIRE) -- LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today provided a corporate update and announced financial results for the second quarter ended March 31, 2025. “We are executing our strategic plan... Read more
Revenue increased 40% y/y to $15.0M with Positive Adjusted EBITDA1 for Eighth Consecutive Quarter Adjusted EBITDA1 of $2.0M or 13% of revenue Net Profit for the quarter of $0.8M and EPS of $0.02 Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / May 14, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a... Read more
RIYADH, Saudi Arabia / May 14, 2025 / Business Wire / Saudi Arabian Mining Company (“Maaden” or the “Company”, 1211 on the Saudi Exchange), one of the world’s fastest growing mining companies, has signed an agreement with MP Materials Corp (“MP Materials”) (NYSE: MP), the American fully integrated rare earth producer, to explore opportunities to establish a fully integrated, end-to-end rare earth supply chain. A... Read more
Electrified Materials recycles lithium ion batteries and rare earth magnet material to create MREC and Battery Black Mass from end-of-life and non-spec products The permit enables Electrified Materials to monetize copper, aluminum and ferrous metals along with critical minerals and rare earth elements at its Noblesville, IN site FISHERS, IN / ACCESS Newswire / May 14, 2025 / American Resources Corporation's... Read more
Ucore Announces: A US$18.4 million funding agreement with the US Department of Defense to launch its RapidSX™ Rare Earth Element Separation Technology toward full-scale operation, including: Expansion of the current $4M US DOD demonstration project Commercial-scale RapidSX™ production module construction and operations System engineering technology transfer from Ucore's Canadian demonstration facility to... Read more
Montreal, Quebec--(Newsfile Corp. - May 14, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) (the "Company" or "Manganese X") is pleased to announce positive preliminary test results from Phase 2 testing of its high-purity, battery-grade manganese material as part of a three-phase supply chain qualification program with U.S. Battery innovator company Charge CCCV (C4V). Martin... Read more
HIGHLIGHTS Reported net income of $4.7 million or $0.04 per share. Strong margins in 1Q25: reflecting profitability and operational efficiency. Cash gross margin of 35%. EBITDA Margin of 21%. Adjusted EBITDA margin of 24%. Achieved on target quarterly production of lithium concentrate in 1Q25: Production volumes of over 68,300t, 26% increase y/y, and Sales volumes of over... Read more
Q1 2025 and Other Highlights Revenues of $28.2 million in Q1 2025 vs. 42.2 million in Q1 2024; Revenues per pound sold1 of $6.04 in Q1 2025 vs. $6.91 in Q1 2024; Lower revenues are a result of continued downward pressure in vanadium prices and lower sales volumes Operating costs of $42.5 million in Q1 2025, 15% below Q1 2024 Adjusted cash operating costs excluding royalties per pound1 of $3.88 in Q1 2025, 27%... Read more
Q1 2025 Results and Subsequent Events Total net assets of $25.5 million as at Q1 2025, including $26.5 million in non-dilutive funding received in Q1 2025 between sale and leaseback and government programs. Sale and leaseback transaction closes and generates net proceeds of $13.7 million, plus a $2.0 million deferred payment via vendor loan receivable. $0.3 million received... Read more
GREENWICH, Conn., May 14, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (“Stardust Power” or the “Company”) (Nasdaq: SDST), an American developer of battery-grade lithium products, today announced its results for the first quarter ended March 31, 2025. First Quarter 2025 Business Updates and Subsequent Events Operational highlights for the first quarter of 2025 include: Confirmed with Oklahoma... Read more
ORLANDO, Fla. / May 14, 2025 / Business Wire / Luminar Technologies, Inc. (Nasdaq: LAZR), a leading global automotive technology company, today announced that the Luminar Board of Directors (the “Board”) has appointed Paul Ricci to the role of CEO effective on or about May 21, 2025. Mr. Ricci previously served as Chairman and CEO of Nuance for nearly two decades. Mr. Ricci’s appointment follows the resignation of... Read more
First Quarter Revenue of $23.5 Million, Achieving the High End of Guidance Range of $21 - $24 Million First Quarter Adjusted EBITDA Loss of $14.4 Million, Within Guidance Range of a Loss of $12 - $15 Million Continued Strong Progress Against Transformation Plan Company Issues Second Quarter 2025 Guidance and Reaffirms Full Year Guidance Surf Air Mobility Inc. (NYSE: SRFM) (the “Company”, “Surf Air Mobility”),... Read more
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