January 4, 2024 11:27 am
Talos Energy Inc said on Wednesday that it had successfully initiated oil and natural gas production at its Lime Rock and Venice discoveries, located in the US Gulf of Mexico. The Lime Rock and Venice wells, in which Talos owns a 60% working interest, were brought online in late December. The two wells have achieved […]
Read moreJanuary 4, 2024 8:20 am
Laser Photonics Corporation, a global developer of CleanTech laser systems for laser cleaning and other material applications, said on Wednesday that it had received an order from Ontario Power Generation’s nuclear division for its MarkStar Pro laser marking system. Ontario Power Generation is among the largest and most diverse power producers in North America with […]
Read moreJanuary 3, 2024 8:09 am
Biotech royalty aggregator XOMA Corporation said on Tuesday that its Board of Directors had authorized XOMA’s first stock repurchase program, under which the company will be able to buy back up to $50 million of its own common stock through January 2027. Under the repurchase program, XOMA’s management will discretely determine the conditions under which […]
Read moreJanuary 2, 2024 2:33 pm
Kodiak Robotics Inc, an autonomous vehicle company with a focus on trucking and defense, and Ambarella Inc said on Tuesday that Kodiak had selected Ambarella’s CV3-AD685 AI domain control system-on-chip (SoC) as a complete embedded compute solution for its next-gen autonomous vehicles. The SoC will benefit Kodiak’s multi-sensor perception, fusion and path planning-running neural networks, […]
Read moreJanuary 2, 2024 11:21 am
Chinese smart electric vehicle maker XPeng Inc said on Monday that it had delivered 20,115 Smart EVs in December. The figure marked a new record for monthly deliveries and also represented a 78% surge over December 2022. For the entire fourth quarter, XPeng Inc’s total vehicle deliveries rose to 60,158, thus, surpassing the mark of […]
Read moreDecember 30, 2023 12:31 pm
Cleantek Industries Inc said this week it had entered into a new long-term debt financing facilities arrangement. The new long-term facilities include a $7,200,000 term loan with Business Development Bank of Canada and an operating line of up to $2,500,000 with HSBC Canada. The term loan will need to be repaid over a period of […]
Read moreDecember 30, 2023 11:07 am
Newmark Group Inc, a commercial real estate adviser and service provider to institutional investors, global corporations and other owners and occupiers, said that it had arranged the sale of Aon Center, a 62-storey trophy Class A office tower situated in the Financial District in Downtown Los Angeles. The property was sold to Carolwood Equities for […]
Read moreDecember 29, 2023 10:51 am
Navico Group, a division of Brunswick Corporation and a leading supplier of integrated systems and products for the marine and RV segments, announced a multimillion-dollar investment in its Lowell facility to establish two Centers of Excellence in metal fabrication and electrification. The metal fabrication Center of Excellence will be equipped with the newest laser and […]
Read moreDecember 29, 2023 7:07 am
Sterling Infrastructure Inc said on Thursday that it had requested and received an amendment to its 2019 credit agreement, which will extend the maturity of the credit facility by 18 months to April 2026. The size, economics and covenants of the amended credit agreement remained substantially without change. The $425 million credit facility, under the […]
Read moreDecember 28, 2023 11:41 am
Calliditas Therapeutics AB said on Wednesday that it had signed and fully drawn a term loan of EUR 92 million with funds managed by Athyrium Capital Management LP. The company will use the proceeds from the loan to fully repay its existing EUR 68 million loan with Kreos Capital, it said. With the refinancing, Calliditas […]
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