PALO ALTO, Calif., March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experience utilizing Hesai's next generation of high-performance automotive lidar products. This agreement builds upon Hesai and Leapmotor's ongoing... Read more
VIENNA, Va. / Mar 18, 2024 / Business Wire / Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has announced a collaboration with NVIDIA to advance AI-driven weather prediction. Through this collaboration, Spire’s Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities will be integrated with NVIDIA Earth-2 Cloud... Read more
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") has successfully completed hydrogen fuel cell-powered vehicle (FCEV) trials with gas distribution network Wales & West Utilities (WWU). WWU is exploring zero emissions vehicle technology to suit its operational requirements and the trials... Read more
Justin, TX, March 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced that the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone (FTZ). The approval marks a significant milestone that will accelerate Canoo’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable a faster... Read more
ANAHEIM, CA and KING OF PRUSSIA, PA / ACCESSWIRE / March 18, 2024 / Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced an Integration Agreement with InductEV, a pioneer in wireless vehicle charging technology. InductEV's solution allows EV fleets to achieve their decarbonization goals with hands-free... Read more
Fourth Quarter Revenues of RMB 478.7 million, down 21.8% year over year Fourth Quarter Net Loss of RMB 130.2 million, compared to net loss of RMB 37.1 million in the same period of last year Full Year Revenues of RMB 2,651.8 million, down 16.3% year over year Full Year Net loss of RMB 271.8 million, compared to net loss of RMB 49.5 million in 2022 BEIJING, March 18, 2024 (GLOBE NEWSWIRE) -- Niu Technologies... Read more
Hughes industry-leading satellite ground platform to power reliable and affordable broadband connectivity across the region GERMANTOWN, Md., March 15, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that Nilesat, a leading satellite operator in the MENA region has purchased a Hughes JUPITER™ System Gateway and will use Hughes JUPITER... Read more
Quarterly Revenues Increased by 260.9% YoY, 97.8% QoQ, Fiscal Year Revenues Increased by 165.0% Maintained Stable and High Gross Margin Achieved Positive Operating Cash Flow in the Fourth Quarter of 2023 Obtained the World’s First Pilotless Passenger-Carrying eVTOL Type Certificate (“TC”) and Standard Airworthiness Certificate (“AC”) for EH216-S from the CAAC Moved Forward eVTOL Sales and Operations... Read more
DALIAN, China, March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter of 2023 Financial Highlights Net revenues from sales of batteries were... Read more
Largest commercial communications satellite ever serving consumers and businesses across the Americas. GERMANTOWN, Md., March 14, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that its JUPITER™ 3 satellite is providing services to subscribers in the United States, Canada, Mexico, Brazil, Peru, Ecuador, Argentina, and Colombia. Launched in... Read more
World-Leading Open RAN 5G Boost Wireless Network Meets Critical FCC Milestone ENGLEWOOD, Colo., March 14, 2024 /PRNewswire/ -- EchoStar Corporation filed a letter with the Federal Communications Commission (FCC) certifying that its nationwide 5G network provides download speeds of 35 Mbps or greater to over 70 percent of the U.S. population. This certification follows the successful completion of a... Read more
Addressing Evolving Needs for Agile, Cost-Effective Geosynchronous Communications Highlights: Enhanced maneuverability enabling precise adjustments within geosynchronous orbit to meet mission demands. Affordable small satellite GEO solutions with shorter lead times compared to traditional options. Designed for potential integration with existing communication constellations. BOCA RATON, Fla., / Mar 14, 2024... Read more
New facility expected to be fully operational in April 2024 Initial stage designed to provide capacity for over 2,000 electric motorcycles per month Ability to increase production capacity to over 50,000 electric motorcycles with additional lines and shifts GRAND CAYMAN, Cayman Islands and COIMBATORE, India, March 14, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the... Read more
HAWTHORNE, Calif. and OTTAWA, March 14, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, and ThinKom Solutions, Inc., a leading designer and manufacturer of high performance satcom antennas, today announced an expanded development partnership to certify ThinKom’s ThinAir Ka2517 antenna for the Telesat Lightspeed Low Earth Orbit (LEO)... Read more
SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), renowned for its leading-edge lithium-ion battery safety and thermal management technologies, today announced in a landmark development it has been awarded a pivotal contract exceeding $865,000 from Nanoracks (now part of Voyager Space’s Exploration Segment). Based in Webster, Texas, Voyager’s... Read more
Major Process Innovation Improves Silicon Anode Yield, Capacity, and Particle Uniformity Achieved Pilot-Scale Capacity Expansion to 4,000 Kilograms Per Year Without Additional Equipment or Process Change Participated in Battery Japan and InterBattery 2024 to Establish Over 100 Relationships with EV and Battery Industry Players Widening Testing Pipeline Partners and Evaluation Scale Towards Larger Battery... Read more
CAPE CANAVERAL, Fla. / Mar 14, 2024 / Business Wire / Sidus Space, Inc. (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company, today announced it received multiple signals from its LizzieSat™ satellite after launch and deployment to low Earth orbit as part of SpaceX’s Transporter-10 Rideshare mission on March 4, 2024 from Space Launch Complex 4 East at Vandenberg... Read more
89% increase in 4Q23 revenues to $42.7 million; 130% increase in full year 2023 revenues to $140.6 million 112% increase in 4Q23 product revenues to $33.4 million; 138% increase in full year product revenues to $109.4 million 40% increase in 4Q23 service revenues to $7.9 million; 111% increase in full year service revenues to $26.4 million 4Q23 gross profit of $10.6 million or 25% of revenues; record full year... Read more
JINHUA, China, March 14, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Highlights Total net revenues increased by 4.9% to $123.6 million, from $117.8 million in 2022. As the primary driver of total revenue, off-road vehicles and associated parts sales... Read more
DENVER / Mar 14, 2024 / Business Wire / Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the fourth quarter and year ended December 31, 2023. Business Highlights Added approximately 25,000 customer contracts in 2023, for nearly 50% year-on-year growth, to reach... Read more
Revenues for full year 2023 increased 51.9% to $243.8 million Net Loss for full year 2023 improved by $103.4 million to $(27.3) million Adjusted EBITDA1 for full year 2023 increased by $26.3 million to $15.3 million Net cash provided by (used in) operating activities for the fourth quarter of 2023 improved by $20.5 million to $15.7 million Book-to-bill2 ratio for the fourth quarter of 2023 was... Read more
NÜRTINGEN, Germany / Mar 14, 2024 / Business Wire / ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is very pleased to announce the appointment of Dr. Andreas Fabritius to its Board of Directors. Dr. Fabritius has served as a Partner at Freshfields Bruckhaus Deringer, a leading global law firm, for the past... Read more
Lilium and Atlantic Aviation announce they have signed an MOU to electrify existing airport infrastructure and support regional air mobility Agreement aims to ensure compatibility of current and future vertiports with Lilium Jet Partnership aims to establish a planned network to support operators of the Lilium Jet MUNICH, Germany, March 13, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ: LILM), developer... Read more
Hughes industry-leading satellite ground platform to power Community Wi-Fi hotspots in 200 villages GERMANTOWN, Md., March 13, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that the Republican Center of Space Communication (RCSC), a subsidiary of the Ministry of Digital Development, has chosen the Hughes JUPITER™ System ground platform... Read more
New RFID-Enabled Charger Delivers Intelligent, Cost-Effective Charging at Multi-Unit Residential and Commercial Properties MOUNTAIN VIEW, Calif. / Mar 13, 2024 / Business Wire / Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging solutions, today announced the start of deliveries of Pulsar Pro North America in the United States. Pulsar Pro is the latest addition to Wallbox's award-winning... Read more
BREA, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces an update on the U.S. Customs and Border Protection (“CBP”) application for Class 1 EV cargo vans. On March 5, 2024, U.S. Customs and Border Protection informed Rapid Response Defense Systems (“RRDS”) counsel that a final... Read more
Early Adopter of Dealership Charging Solutions Continues Support of EV Adoption Vancouver, British Columbia--(Newsfile Corp. - March 13, 2024) - Hypercharge Networks Corp. (Cboe CA: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider, today announced it has signed an agreement with the Trotman Auto Group ("TAG"), an... Read more
SAN FRANCISCO / Mar 13, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced improvements to its Crop Biomass Planetary Variable, including the integration of its daily, global PlanetScope data. Crop Biomass is a cloud-free, analysis-ready data product for monitoring agricultural fields that combines radar and optical signals to help agronomists... Read more
QUEBEC CITY, March 13, 2024 /CNW/ - LeddarTech Holdings Inc. ("LeddarTech") (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is thrilled to announce a collaboration with Arm with a view to delivering the next generation of advanced driver assistance systems... Read more
Gogoro's broadly deployed battery swapping ecosystem together with JEGO's new design, vehicle innovation and aggressive introductory price creates a new market segment in Taiwan. TAIPEI, Taiwan, March 13, 2024 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced that its new JEGO Smartscooter... Read more
MONTREAL, March 13, 2024 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga"), a global leader in the electrification of powersports, is proud to announce that it is now a supplier of electric snowmobiles for Alterra Mountain Company ("Alterra"). Alterra is committed to reducing its carbon footprint and transitioning its snowmobiles to electric to achieve carbon neutrality across its North American mountain... Read more
Knightscope Autonomous Security Robots (ASRs) & Emergency Communications Products to be Integrated with Draganfly Drones for Innovation in Public Safety. Mountain View, California., March 13, 2024 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, and Knightscope, Inc. (NASDAQ:... Read more
Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction"). The Transaction is designed to leverage complementary technologies to strengthen Exro's position in the electric vehicle technology sector, accelerate growth, and create a defined path to profitability, with multi-year commitments from leading commercial vehicle OEMs. Shareholders are... Read more
MAHIA, New Zealand / Mar 12, 2024 / Business Wire / Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today launched its 45th Electron rocket, successfully deploying a fourth synthetic aperture radar satellite to Synspective’s Earth-observation constellation. “Owl Night Long,” a dedicated mission for Synspective, launched from Pad B at Rocket... Read more
Aeva’s High-Resolution FMCW LiDAR Technology Selected for Ability to Detect Overhead Power Lines MOUNTAIN VIEW, Calif. & SEONGNAM CITY, South Korea / Mar 12, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected... Read more
SAN DIEGO, March 12, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that Beam Global has received its first order from the UK Ministry of Defence (MoD) for ten EV ARC™ sustainable electric vehicle charging systems and one ARC Mobility™ trailer to be... Read more
This Marks Lilly’s Second Spaceflight to Use the Pharmaceutical In-Space Laboratory in Four Months JACKSONVILLE, Fla. / Mar 12, 2024 / Business Wire / Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it is partnering with Eli Lilly and Company (Lilly) on a second spaceflight mission using its in-space pharmaceutical manufacturing... Read more
Filings with the ITU and FCC would place its planned commercial satellites under the jurisdiction of the United States MIDLAND, Texas / Mar 12, 2024 / Business Wire / AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that it has updated its constellation filing with... Read more
OSCEOLA, AR / ACCESSWIRE / March 12, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a provider of new zero-emission, purpose-built electric vehicles (the "Company"), today announced that the Company currently has 43 vehicles on order from 19 customers with binding purchase orders and with funding approved by New Jersey's Zero Emission Incentive Program ("NJ ZIP") As noted above, these orders represent... Read more
The collaboration integrates NaaS' capabilities of energy assets addressing and data analytic with CCTEB's construction practices to charging station EPC, PV, battery storage upgrades and energy port upgrades, etc. More convenient charging services and efficient energy assets operation are expected, leveraging NaaS' data analysis competence and broadening its connective charging ecosystem.... Read more
Revenue up 24.5% versus the prior year to $47.5 million in Q4 2023 and up 54.1% in the full year 2023 to $225.2 million Net loss increased $(18.5) million versus the prior year to $(33.9) million in Q4 2023 and increased $(28.8) million in the full year 2023 to $(56.1) million; Adjusted EBITDA increased by $2.7 million versus the prior year to $(5.2) million in Q4 2023 and increased by $10.8 million to... Read more
CINCINNATI, March 12, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the fourth quarter and full year ended December 31, 2023. Management Commentary “Over the past year, we have advanced our product roadmap and navigated... Read more
SHENZHEN, China, March 12, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We have seen... Read more
Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025 On March 8, 2024, Falcon Aviation launched the upgraded Falcon Tours Heliport Terminal at the iconic Atlantis, The Palm,... Read more
ST. CLOUD, Minn., March 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI) and North America’s leading manufacturer of heavy-duty transit buses, today announced that it has been awarded two new contracts from the New York City Transit Authority (NYCT) including firm orders for 429 Xcelsior® buses (671 equivalent units or EUs)... Read more
Along with the new headquarters, Blink is increasing its manufacturing capacity by constructing a state-of-the-art advanced 30,000 square-foot facility. Bowie, MD., March 11, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the Company has... Read more
Ra’anana, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it has received an order for its AI-driven Switch Yard System from a Class 1 freight rail company in the US. The freight rail company, which is one of the largest in North America, will install... Read more
Electrovaya's batteries have been successfully integrated and tested with wireless chargers TORONTO, ON / ACCESSWIRE / March 11, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced that its latest generation of battery systems has been integrated and tested with two leading providers of wireless chargers.... Read more
Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-year Quarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-year Full Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-year Full Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China, March 11, 2024... Read more
TORONTO / Mar 11, 2024 / Business Wire / Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2023. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended December 31 Twelve month period ended December 31 Expressed... Read more
MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results. Year in review Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023. With suppliers of flight-critical components selected for our eVTOL, we defined its final architecture.... Read more
Achieved a positive NTR of 0.75% in February 2024, records fifth consecutive month of Net Take Rate growth. Showcased exceptional business expansion with an 80% increase in charging volume in 2023. BEIJING, March 8, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that the net take rate (NTR)[1]... Read more
R2 Starting Around $45,000, Available to Reserve Today LAGUNA BEACH, Calif. / Mar 07, 2024 / Business Wire / Rivian today unveiled its new midsize platform which underpins R2 and R3 product lines. R2 is Rivian’s all-new midsize SUV delivering a combination of performance, capability and utility in a five-seat package optimized for big adventures and... Read more
IMC showcases zero-emission technology and celebrates their west coast sustainability initiative at state-of-the-art Compton facility PHOENIX, March 7, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly marked a significant milestone as IMC, the largest marine drayage company... Read more
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean technology company revolutionizing power conversion technologies, is redefining the power inverter landscape with its Zero Voltage Switching (ZVS) technology platform. This cutting-edge solution introduces the material elimination of switching losses and the ability to deploy higher switching frequencies without the common... Read more
Viasat selected Rocket Lab to support its NASA CSP program demonstrations of multi-band space-relay capabilities CARLSBAD, Calif., and LONG BEACH, Calif., March 7, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it selected Rocket Lab USA, Inc (Nasdaq: RKLB), a leading launch and space systems company, to support Viasat's hybrid space... Read more
SAN FRANCISCO / Mar 07, 2024 / Business Wire / Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced the release of Field Boundaries, the latest add in their suite of advanced data feeds called Planetary Variables. Field Boundaries will provide critical infrastructure for agriculture solutions, including regional crop monitoring and yield estimation over broad areas,... Read more
NXT 50five, the joint venture between 50five and NXT Mobility as part of the GP Groot initiative, has won the MRA-Electric tender to install and operate public rapid charging stations supplied by ADS-TEC Energy The tender covers the installation, management and operation of rapid charging points at up to 600 locations Most of the MRA-E area faces network congestion, making it ideal for battery-buffered rapid... Read more
SAN DIEGO, March 07, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that the Company has been named as a supplier on the UK’s CCS Spark Dynamic Purchasing System (DPS). CCS is the main purchasing vehicle for UK government entities and supports the public... Read more
NaaS leverages its capabilities in digital technologies and AI innovations to form a global 'charging ecosystem' applied to going-global EVs. A holistic offering of charging services will be integrated to China's EVs, enhancing their charging station accessibility and overall charging experience. TIANJIN, China, March 7, 2024 /PRNewswire/ -- NaaS Technology (NASDAQ: NAAS) ("NaaS" or the... Read more
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