SkyWater Technology Reports Third Quarter 2023 Results
Record Revenues and Continued Year-over-Year Increase in Gross Margin BLOOMINGTON, Minn.–(BUSINESS WIRE)–SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended October 1, 2023. Financial Highlights for Q3 2023: Revenue increased 37% year-over-year to a record $71.6 million. Gross margin increased to 19.8% on […]
Polestar presents strengthened business plan and funding update
GOTHENBURG, Sweden–(BUSINESS WIRE)–Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today presents a strengthened business plan which targets an accelerated margin improvement and a reduction of the Company’s total funding need to the point of cash flow break-even in 2025. In light of a fast-changing operating environment, Polestar has introduced […]
Aeva Reports Third Quarter 2023 Results
Production Win with May Mobility as Exclusive Supplier of Long-Range LiDAR Nikon Awarded Production Program for High Precision Industrial Inspection Products Appointment of Dr. Stefan Sommer, Former CEO of ZF and Board Member at Volkswagen Group, to Aeva’s Board of Directors $145M Capital Raise in Combined Private Placement and Preferred Facility from Existing Long-term Stockholders […]
Lemonade Surpasses 2 Million Active Customers
Notable customer count milestone is coupled with significant increase in premium per customer, demonstrable scalability, and clear progress toward profitability NEW YORK–(BUSINESS WIRE)–Lemonade (NYSE: LMND) (the “Company”), the digital insurance company powered by AI and social impact, today announced the welcoming of its two millionth customer. The pace to achieve the second million customers was […]
CVD Equipment Corporation to Announce Third Quarter 2023 Financial Results on November 14, 2023
CENTRAL ISLIP, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ: The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day. To participate in the live conference call, please dial toll free (877) 407-2991 or international (201) 389-0925. A telephone replay will be available for 7 days. To access the replay, […]
Complaint Filed Against ElectraMeccanica in Connection With Termination of Arrangement
MESA, Ariz.–(BUSINESS WIRE)–ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”), a designer and assembler of electric vehicles, today announced that Tevva Motors Limited (“Tevva”) filed a complaint (the “Complaint”) in the United States District Court for the District of Arizona on November 3, 2023 against ElectraMeccanica, 1432952 B.C. Ltd. (“Holdco”), 1432957 B.C. Ltd. (“Parentco”) and Susan E. […]
Leads Near Me and Musician Will Turpin of Collective Soul Debut Original ‘High Gear’ Song and Video as Nod to Auto Repair Shops
ATLANTA–(BUSINESS WIRE)–As Leads Near Me® gets ready to kick off its first High Gear Auto Repair Marketing Conference from Nov. 29 through Dec. 1, 2023, in Atlanta, it has released a new song and video called “High Gear.” Produced as an ode to auto repair shop owners and employees across the country, the song and […]
Whillet Collaborates with Visa to Introduce Carment: A Next-Level Instant Payment Platform for the U.S. Used Car Market
PALO ALTO, Calif.–(BUSINESS WIRE)– Visa Direct provides a single point of access to billions of endpoints, helping transform global money movement by facilitating the delivery of funds to eligible cards, bank accounts and wallets around the world. Whillet’s Carment Instant Payment Platform uses Visa Direct’s real-time[1] payment capabilities and is designed to help make used […]
Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products
CLEVELAND–(BUSINESS WIRE)–Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $1,000 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled […]
ComEd, HIRE360 Celebrate First Graduating Class of New EV Pre-Apprenticeship Program
17 participants of new Take Charge: Pre-Apprenticeship Program take next steps toward trades careers supporting Illinois’ fast-growing EV sector CHICAGO–(BUSINESS WIRE)–ComEd and HIRE360 today joined members of the community to recognize the first class of graduates of the Take Charge: Pre-Apprenticeship program, a first-of-its-kind program to prepare local residents for careers supporting the fast-growing electric […]
