Los Angeles, CA., March 31, 2023 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), a drone solutions and systems developer, announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be US$8.0 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The... Read more
AUSTIN, Texas, March 30, 2023 (GLOBE NEWSWIRE) -- Volcon Inc. (NASDAQ: VLCN) (“Volcon” or the “Company”), the first all-electric, off-road powersports company, announced today it has launched the new Grunt EVO and the Runt LT. The EVO is the latest edition of the Company’s original all electric off-road motorcycle using Volcon’s Exo-Arch frame and fat-tired design, now affectionately called the Grunt Founders... Read more
REDMOND, OR / ACCESSWIRE / March 30, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, reported results for the three- and 12-months ended December 31, 2022. All comparisons are to the same year-ago period unless otherwise noted. Financial Highlights Revenue increased 8% in the fourth quarter to a record $1.45 million, with full year revenue up 59% to a... Read more
Exro generated revenue of $2.2 million for the twelve months that ended December 31, 2022. Successfully completed phase one of the integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar Corporation. Exro Vehicle Systems Inc., a services arm to provide vehicle integration solutions for automakers pursuing electrification, successfully completed, and delivered... Read more
"Our focus in 2022 was on early adopters and commercialization, leading to 3 commercial agreements with industry leaders. We intend to continue this trend going forward in 2023 and start realizing our advanced technology to revenues" Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), today reported financial results for the fourth... Read more
51 personal watercrafts produced during the fourth quarter, resulting in 133 vehicles produced during the full year 2022 Recorded $1.4 million revenue in the fourth quarter of 2022 and $3.2 million during the full year 2022 Taiga's Nomad™ snowmobile and Orca™ personal watercraft were both included in the prestigious TIME's Best Inventions of 2022 and Taiga's Orca personal watercraft was awarded... Read more
Company achieves consecutive revenue growth from the sale of EV and Charging Solutions for the third year in a row NEW YORK, March 30, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its Full Year 2022 operating results for the period ended December 31, 2022. "Last year was... Read more
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - Plymouth Rock Technologies Inc. (CSE: PRT) (OTCQB: PLRTF) (FSE: 4XA) (WKN# A2N8RH) ("Plymouth Rock", "PRT", or the "Company"), a leader in developing unmanned technologies, today announced it has completed its previously announced non-brokered private placement by the issuance of 33,680,000 units (the "Units") at a price of $0.05 per Unit for... Read more
New Directors Bring Decades of Proven Experience, Bolstering Bird Leadership MIAMI / Mar 30, 2023 / Business Wire / Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that Philip Ryan, Chairman of Swiss Re America Holding Corp, and Philip Evershed, Managing Partner at PointNorth Capital, have joined the Bird Board of Directors. Mr. Ryan and Mr. Evershed each... Read more
Preparations underway for dynamic load bench demonstration of Hillcrest SiC traction inverter at Systematec GmbH's facility in Germany Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for electrical systems, is preparing for dynamic load bench demonstrations of the Hillcrest SiC... Read more
AUSTIN, Texas / Mar 29, 2023 / Business Wire / Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that the company has achieved ISO 14001:2015 certification for its Environmental Management System at its Cedar Park, TX facility. The international ISO 14001:2015 Environmental Management standard provides an environmental management... Read more
Los Angeles, CA., March 29, 2023 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), a drone solutions and systems developer, today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately US$8.0 million, before deducting underwriting discounts and other estimated expenses payable by... Read more
Warmer weather brings new city launches and expanded programs for the company MIAMI / Mar 28, 2023 / Business Wire / Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that with the return of warm weather, scooters are hitting the roads in dozens of cities across the globe, including new programs around Europe, the U.S. and Canada. These new and expanded... Read more
Full year revenue up 21% y/y and Annual Active Platform Users (“AAPUs”) up 15% y/y Combined Pro Forma Full Year Revenue of Helbiz and Wheels Labs Inc. Would Have Amounted to $21.2 Million Intensifying Focus on Operating Profitably in Near Term Extensive Rationalization of Corporate Structure and Expense Base Regained Nasdaq compliance with the Market Value of Listed Securities requirement NEW YORK / Mar 28,... Read more
Draganfly’s production capacity is coming on-line, enabling the Company to meet the growing demand and drive expected high growth for 2023/24. Los Angeles, CA., March 27, 2023 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its fourth quarter and fiscal 2022... Read more
FORT PIERCE, FL / ACCESSWIRE / March 27, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza," the "Company"), a developer of electric sport boats aimed at promoting sustainable recreational boating, today reported operational highlights and financial results for the year ended December 31, 2022. "Since 2022, Forza has completed the design, development and begun water testing on three electric boats: the FX1 dual console,... Read more
Former Amazon and Microsoft Executive David Risher to Become CEO Co-Founders Logan Green and John Zimmer to Serve as Chair and Vice Chair of Lyft Board, Sean Aggarwal to Serve as Lead Independent Director SAN FRANCISCO / Mar 27, 2023 / Business Wire / Lyft, Inc. (Nasdaq: LYFT) today announced that the company’s co-founders, Logan Green (chief executive officer) and John Zimmer (president) have decided to... Read more
The two companies previously announced a long-term supply agreement for cylindrical cells manufactured at a LG Energy Solution U.S. facility The Manufacturing Complex is expected to include dedicated battery cell capacity for Proterra-manufactured, USMCA-compliant commercial EV battery systems BURLINGAME, Calif., March 24, 2023 (GLOBE NEWSWIRE) -- Proterra Inc (NASDAQ: PTRA), a leading innovator in... Read more
Demonstration testing of Hillcrest's 250 kW, 800 V SiC traction inverter prototype with global tier 1 automotive supplier and Hercules Electric Mobility Inc. is accelerating. Hillcrest is also working closely with five other automotive OEM's and tier 1 suppliers on the delivery of key demonstration milestones in the coming months. The company's technical team continues to make progress on grid compatible... Read more
The first-of-its-kind collaboration accelerates push to a greener and more sustainable future and is focused on accelerating the adoption of sustainable mobility in last mile deliveries in Singapore. SINGAPORE, March 23, 2023 /PRNewswire/ -- Gogoro Inc. and Cycle & Carriage Singapore (C&C) announced a partnership with leading food delivery platform foodpanda in a battery swapping pilot that will support... Read more
New Ontario Markets Cement Bird’s Leadership in Canada TORONTO / Mar 23, 2023 / Business Wire / Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it will be expanding across the Greater Toronto Area this Spring. Bird will be the exclusive operator of shared e-scooters in the City of Hamilton beginning April 3rd, 2023, and will operate shared... Read more
$41 million in revenue with 27% gross margins in 2022 Secured company record $70 million in bookings in 2022 Shipped new REV7 sensors with double the range to 29 customers in the fourth quarter 2022 Completed merger of equals with Velodyne in February 2023 to strengthen financial position SAN FRANCISCO / Mar 23, 2023 / Business Wire / Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider... Read more
DENVER / Mar 23, 2023 / 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 quarter and full year ended December 31, 2022. Business Highlights Completed strategic transformation into pure play owner and operator of residential rooftop solar... Read more
MONACO, March 23, 2023 (GLOBE NEWSWIRE) -- Eneti Inc. (NYSE:NETI) (the “Company”) announced today that Scorpio Holdings Limited (“SHL”), a related party, has purchased 1,000,000 common shares of the Company at an average price of $8.90 per share from the Marubeni Corporation via a private placement. The Company had issued the shares to Marubeni Corporation as part of the acquisition price paid by the Company to... Read more
REDMOND, WA / ACCESSWIRE / March 22, 2023 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions, today announced the launch of its MOSAIK validation suite which enables automotive OEM and Tier 1 customers to validate their ADAS and autonomous vehicle platforms in the most advanced way. Following prior engagements with OEMs like... Read more
In Discussion with 3 Contractors for RFQ in 2 Weeks & Will Select Best Contractor Based on Critical Procurement Factors Additional Material Evaluation with Further-Enhanced Silicon Anodes with 3 US-Based Battery Cell Manufacturers Including a Solid-State Battery Developer Engaged with Working Partners to Carry Forward Collaborative Ventures in Domestic and International Markets Final Stages of Securing... Read more
Selected by top-10 global OEM for vehicle development Progressing on a growing number of vehicle programs to advanced / RFQ stage Completed core development of LiDAR on chip perception platform for industrial automation MOUNTAIN VIEW, Calif. / Mar 22, 2023 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today announced its fourth quarter and full year 2022... Read more
Additional financing expected in the coming weeks Bolsters Bird’s outlook for positive free cash flow and adjusted EBITDA for full year 2023 Bird Global, Inc. (NYSE:BRDS, “Bird”), a leader in environmentally friendly electric transportation, today announced that it has secured additional funding, bringing the total new capital to almost $33 million this year. The investment demonstrates continued confidence in... Read more
Fourth Quarter Revenues of RMB 612.3 million, down 37.9% year over year Fourth Quarter Net Loss of RMB 37.1 million, compared to net income of RMB 47.6 million in the same period of last year Full Year Revenues of RMB 3,168.6 million, down 14.5% year over year Full Year Net loss of RMB 49.5 million, compared to net income of RMB 225.8 million in 2021 BEIJING, March 20, 2023 (GLOBE NEWSWIRE) -- Niu... Read more
MONTREAL, March 17, 2023 /CNW/ - Taiga Motors Corporation ("Taiga" or the "Company") (TSX: TAIG), a leading electric off-road vehicle manufacturer, announced today that, following a robust process to identify financing options and secure sufficient capital to fund the ongoing ramp-up of its business operations, the Company has entered into definitive subscription agreements for a private placement of $40.15 million... Read more
Smart infrastructure project awards increased nearly 95% over 2021 Ouster, Inc. (NYSE: OUST)(“Ouster” or “the Company”), a leading provider of high-performance lidar sensors, announced that overall demand for smart infrastructure programs in 2022 totaled over 3,500 OS sensors spanning the intelligent transportation systems, crowd analytics, and security submarkets. Ouster was selected for over 210 smart... Read more
NEW YORK, March 16, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that the company has been selected by Fenton Mobility Products as its partner to build five hydrogen-powered, zero-emission transit vans for the Rochester-Genesee Regional Transportation Authority (RGRTA). "Fenton... Read more
TuSimple trucks have recorded more than 10 million cumulative miles through testing, research and freight delivery This latest milestone is one of many industry firsts for the autonomous driving technology company TuSimple has recorded only one at-fault incident in its 10 million miles, which is below the average yearly accidents for a traditional truck fleet according to a 2022 Fleet Safety Study SAN DIEGO,... Read more
The activation of the expanded production facility will enable Draganfly to start to meet the growing demand for its product while better serving growing global customer base. Burnaby, BC., March 16, 2023 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce the... Read more
Quarterly Net revenues were RMB409.2 million (US$59.3 million)1, an increase of 56.6% year-over-year Quarterly LiDAR shipments were 47,5152 units, an increase of 739.2% year-over-year Full Year 2022 Net revenues were RMB1,202.7 million (US$174.4 million), an increase of 66.9% year-over-year Full Year 2022 LiDAR shipments were 80,462 units, an increase of 467.5% year-over-year SHANGHAI, China, March 16, 2023... Read more
NEW YORK, March 15, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that its subsidiary Energica Motor Company, maker of the world's best high-performance electric motorcycle, has entered into two separate partnerships with the French tech consulting firm Phenix Air Corp and Pure Flight to develop... Read more
FORT PIERCE, FL / ACCESSWIRE / March 15, 2023 / Forza X1, Inc. (Nasdaq:FRZA) ("Forza," the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today announced that is successfully sea trialed an all-new 22-foot electric-powered monohull this past Thursday. The Company went on to announce that the 22-foot monohull has been added to its... Read more
AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today announced its results for the fourth quarter and full year ended December 31, 2022. “In 2022, we made great strides in strengthening our platform and product portfolio to drive long-term growth,” said Matthew Fisch, Chief Executive Officer of AEye. “We are in the process of developing a strategic plan and timeline that... Read more
SAN DIEGO, March 15, 2023 /PRNewswire/ -- TuSimple Holdings Inc. (Nasdaq: TSP) ("TuSimple" or the "Company"), a global autonomous driving technology company, today announced the appointment of J. Tyler McGaughey and Zhen Tao to its Board of Directors as independent directors. Mr. McGaughey will be responsible for overseeing the Company's compliance with federal government legal and regulatory requirements. Mr.... Read more
Fieldin to deploy over 100 autonomy kits on tractors and other farm machinery in 2023 Autonomous farming equipment market expected to reach $95 billion by 2027 Ouster, Inc. (NYSE: OUST), a leading provider of high-performance lidar sensors, and Fieldin, a leading AgTech company with a smart farming platform and autonomous technology, announced the largest... Read more
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