Electronics & Engineering

MultiSensor AI Announces First Quarter 2025 Results

May 13, 2025 4:05 PM

MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) (the "Company" or "MSAI"), a pioneer in condition-based monitoring and predictive maintenance enabling Industry 4.0, announced results for the first quarter ended March 31, 2025. Trip Flavin, Interim CEO, commented: "We anticipated a challenging year over year comparable due to the significant order of hardware from our largest customer in Q1 2024. However, we are thrilled to announce the receipt of...

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Bulletin from Annual General Meeting in Smart Eye Aktiebolag (publ)

May 13, 2025 12:15 PM

Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) - The following resolutions were passed at the Annual General Meeting (the "AGM") of Smart Eye Aktiebolag (publ) ("Smart Eye" or the "Company") held today on 13 May 2025 in Gothenburg, Sweden. Adoption of Income Statement and Balance Sheet for the Financial Year 2024 and Discharge from Liability The AGM adopted the income statements and balance sheets for the Company and the Group for 2024. The...

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Paragon Technologies Reports First Quarter 2025 Results

May 13, 2025 9:00 AM

Paragon Technologies, Inc. (OTC PINK:PGNT), a diversified holding company, today announced its financial results for the first quarter ended March 31, 2025. For the first quarter of the year, Paragon's revenues increased by roughly 10% to $34.6 million with increased revenue at both SI and SEDC. Net income declined by approximately $0.7 million from the prior year's first quarter primarily due to legal expenditures of approximately $1.1 million...

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Optex Systems Holdings, Inc. Announces Financial Highlights for the Three and Six Months Ended March 30, 2025

May 13, 2025 8:00 AM

Optex Systems Holdings, Inc. (NASDAQ:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial results for the three and six months ended March 30, 2025. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "We are proud to announce a record-breaking quarter for revenue, reflecting our unwavering commitment to excellence, reliability, and...

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Smart Eye Interim Report Q1 January-March 2025

May 13, 2025 1:20 AM

Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) - Cost savings and license revenues improve profitability January - March 2025 Net sales amounted to SEK 90.1 (86.1) million, an increase of 5% compared to the corresponding period the previous year. Adjusted organic growth amounts to 7%, driven by Automotive which amounts to +27%. Gross profit amounted to SEK 79.9 (77.3) million and gross margin decreased to 89% (90%) due to a change in sales of the...

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VIGO Photonics Enters Strategic Framework Agreement With PCO S.A. for Advanced Infrared Detector Development

May 12, 2025 9:00 AM

VIGO Photonics Inc., a global leader in mid-infrared detection technologies, today announced the signing of a strategic framework agreement with PCO S.A., a premier Polish manufacturer of optoelectronic systems for military applications. The agreement, valued at nearly PLN 200 million, marks a significant step forward in the development and delivery of next-generation cooled infrared detector arrays. Under the terms of the partnership, VIGO...

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Mynaric to Receive Early Partial Disbursement of Restructuring Loans Due to Delays in StaRUG Proceedings

May 9, 2025 6:15 PM

Mynaric AG (OTC PINK:MYNAY)(MOYFF) (ISIN: US62857X1019) (FRA:M0YN) (ISIN: DE000A31C305) (the "Company") announces the early disbursement of up to USD 10.5 million from the already agreed USD 25 million restructuring facility by its existing lenders due to delays in StaRUG proceedings. On February 7, 2025, the Company had announced, among other things, that it resolved on commencing restructuring proceedings in accordance with the German...

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sandman.com, Inc. Acquires Connomac Division of the French Corporation

May 8, 2025 1:25 PM

sandman.com, Inc. announced today the acquisition of the Connomac division of The French Corporation. The financial terms of the transaction were not disclosed. sandman.com, Inc. is a U.S.-based electronics manufacturing company specializing in custom cable assemblies, wiring harnesses, specialty handsets, and communications equipment located in the Chicago suburbs. "Connomac has a great reputation for manufacturing high-quality, ruggedized...

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Securitas Technology Named Installer of the Year at 2025 SAMMY Awards by Security Sales & Integration Magazine

May 6, 2025 3:00 PM

Securitas Technology, the world's second-largest commercial electronic security company, has been named Installer of the Year at the 2025 SAMMY Awards, presented by Security Sales & Integration (SSI) magazine. This prestigious award honors the top company in the electronic security industry - celebrating exceptional performance across strategy, execution, client satisfaction, innovation, and operational excellence. Now in its 30th year, the...

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Strymon Announces New Cloudburst Ambient Reverb Plugin

May 6, 2025 10:00 AM

Strymon Engineering (www.strymon.net), the Los Angeles-based manufacturer of premium guitar, plugin and Eurorack products, today announced the release of the Cloudburst ambient reverb plugin. A direct code port of their award-winning hardware pedal of the same name, the Cloudburst plugin offers a vast library of reverb sounds and orchestral-inspired synth pads, all easily controlled by a simple and elegant user interface. Initially based around...

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Soundpressurelabs.com to Host Groundbreaking Immersive Expo and Artists of Freedom Awards on the Queen Mary in Long Beach, California

May 6, 2025 9:00 AM

Soundpressurelabs.com is proud to announce its upcoming event on May 31, 2025, aboard the historic Queen Mary in Long Beach, California. The event will feature the Immersive Expo, showcasing the latest advancements in immersive audio technology, and the Artists of Freedom awards, celebrating outstanding contributions to the arts. Legendary performers Marcia Griffiths and Jeff Young will take the stage, delivering electrifying performances in...

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SCI Engineered Materials, Inc. Reports 2025 First Quarter Results

May 2, 2025 8:30 AM

SCI Engineered Materials, Inc. ("SCI" or "Company") (OTCQB:SCIA), today reported financial results for the three months ended March 31, 2025. Jeremy Young, President and Chief Executive Officer, commented "We continued to adapt to fast-changing market conditions throughout the first three months of 2025. Our initiatives included actively managing costs and operating expenses, maintaining greater contact with client companies, adding new...

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Optex Systems Announces Second Quarter Earnings Call

May 1, 2025 4:00 PM

Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today that it plans to report its financial performance for the second quarter of fiscal 2025 on Tuesday, May 13th, 2025. In addition, the Company announced that it will hold an investor conference call on May 13th, 2025 at 5:00 pm ET. Investors interested in...

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BEACN Announces Financial Results for Year Ended December 31, 2024

April 30, 2025 1:55 PM

BEACN Wizardry & Magic Inc. (TSX-V:BECN) ("BEACN" or the "Company") is pleased to announce that its annual financial statements and accompanying MD&A for the fiscal year ended December 31, 2024 (the "Annual Financial Documents") have been filed. For the year ended December 31, 2024, the Company achieved sales revenue of $3,466,706 (2023 - $2,933,180), gross profit of $1,376,066 (40%) (2023 - gross profit of $1,079,875 (37%)) and incurred a net...

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Smart Eye Announces New Design Win for Its Hardware and Software Driver Monitoring System from a European Luxury Sports Car Manufacturer

April 30, 2025 10:15 AM

Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) - Smart Eye has been selected by an existing customer to deliver its AIS product, which combines hardware and software in a Driver Monitoring System (DMS), to an additional car model. The estimated revenue from the order is SEK 50 million, based on projected product life cycle estimates. Smart Eye, the leading developer of DMS technology for the automotive industry, has received a new order for its...

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QNX Research Reveals 77% of Global Technology Leaders Trusting of Robotics in the Workplace

April 30, 2025 7:56 AM

QNX, a division of BlackBerry Limited (NYSE:BB)(TSX:BB) today unveiled new research on the growing positive attitudes global technology decision-makers have towards the adoption - and trust of - robotics within the workplace. Rise of the Robots and Trust Trends The survey of 1,000 executives from across the healthcare, manufacturing, automotive, and heavy machinery industries revealed that the majority (71%) are currently using robotics in their...

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Local Electrician Ardit Islamaj Featured in Exclusive Online Interview Highlighting His Journey and Craft

April 24, 2025 3:15 PM

Ardit Islamaj, a licensed electrician known for his hands-on skill and dedication to his community, has been featured in an exclusive online spotlight article that dives into his personal journey, professional training, and perspective on the growing importance of skilled trades. The feature captures Ardit's authentic voice and humble insight into life as a modern electrician, offering readers a grounded look at what it really means to work in...

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TCL Introduces the TCL T6C-UK Fire TV Series with QLED 4K, HDR PRO, and Freely

April 23, 2025 7:30 AM

TCL, the leading consumer electronics brand and the world's second-largest TV brand as well as an official sponsor of the Olympic Games, is proud to announce the launch of its highly anticipated T6C-UK TV series. The new range offers screen sizes from 43" to 85", ensuring there is a perfect option for every home. Featuring QLED technology, 4K resolution, and an intuitive Fire TV experience, the T6C-UK series offers exceptional picture quality,...

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Sigray Unveils the Apex-Hybrid: A Breakthrough 3D X-Ray System for Failure Analysis (FA) and Electronics Reverse Engineering

April 21, 2025 12:00 PM

Sigray, Inc., a pioneer in X-ray microscopy, proudly announces the launch of the Apex-Hybrid-a cutting-edge system developed to transform failure analysis (FA) workflows in semiconductor and electronics laboratories. With interchangeable laminography and tomography modes and outstanding 100nm pixel resolution (350nm spatial resolution), the Apex-Hybrid delivers high-resolution imaging for both large packages and PCBs, as well as smaller,...

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Qannati Marks Historic Milestone with First Watchmaking Initiative in Bahrain and the GCC

April 17, 2025 4:45 AM

Following recent acclaim from The New York Times, which highlighted its pioneering watchmaking course and exclusive Lab Edition collection, Qannati Objet d'Art proudly marks a historic milestone, establishing the first-ever watchmaking initiative not only in Bahrain but also across the Gulf Cooperation Council (GCC) region. The New York Times feature celebrated founder Mahmood Qannati's innovative initiative at Bahrain Polytechnic, home to...

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