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Explore the latest Electronics and Engineering market news in our newsroom. From innovations in semiconductor technology and electronic devices to advancements in engineering solutions and industry trends, we deliver comprehensive insights to keep you informed in this cutting-edge sector.

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Smart Eye Announces Largest-Ever Driver Monitoring System (DMS) Deal - Delivering its Software as a Tier 1 Supplier
Electronics & EngineeringRegulatory

Smart Eye Announces Largest-Ever Driver Monitoring System (DMS) Deal - Delivering its Software as a Tier 1 Supplier

December 18, 2023 2:15 AM

GÖTEBORG, SE / ACCESSWIRE / December 18, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) The company will deliver its DMS technology to 46 new car models by a major North American vehicle manufacturer. The estimated revenue of the order is SEK 1.55 billion based on estimated product life cycle projections.Gothenburg, Sweden - December 18, 2023 - Smart Eye, the leading developer of DMS software for the automotive industry, today announced a...

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NuLoupes Receives FDA Approval, Setting a New Standard in Dental and Surgical Visualization
Electronics & EngineeringProduct Announcements

NuLoupes Receives FDA Approval, Setting a New Standard in Dental and Surgical Visualization

December 15, 2023 7:00 AM

NEWPORT BEACH, CA / ACCESSWIRE / December 15, 2023 / NuEyes, a pioneer in the field of augmented reality smart glasses technology, is proud to announce that their groundbreaking augmented reality loupes called "NuLoupes" is now patent-pending and has received FDA approval. This innovative device combines state-of-the-art 3D stereoscopic technology with unparalleled design, offering practitioners in dentistry and medicine an unprecedented level...

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Sparx Holdings Group Nears Completion of Innovative Hub for Sparx(TM) Smart Sprinkler System Prototype
Electronics & EngineeringCompany Update

Sparx Holdings Group Nears Completion of Innovative Hub for Sparx(TM) Smart Sprinkler System Prototype

December 14, 2023 5:30 AM

CRANSTON, RI / ACCESSWIRE / December 14, 2023 / Sparx Holdings Group, Inc. (OTC PINK:SHGI), a leader in innovative fire protection solutions, unveils a groundbreaking advancement in fire protection technology with the imminent completion of its state-of-the-art hub for the Sparx™ Smart Sprinkler System prototype. This innovative system, utilizing patent-pending technology, is designed to interface with traditional sprinklers commonly found in...

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RETRANSMISSION: Paragon Calls Out Ocean Power’s Contract Award Announcements in Response to Paragon’s Campaign as Too Little, Too Late
Electronics & EngineeringCompany Update

RETRANSMISSION: Paragon Calls Out Ocean Power’s Contract Award Announcements in Response to Paragon’s Campaign as Too Little, Too Late

December 13, 2023 2:30 PM

EASTON, PA / ACCESSWIRE / December 13, 2023 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.9% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), calls out OPT's recent contract award press releases in response to Paragon's criticism of the financial mismanagement of OPT as yet another attempt to divert shareholder attention from the degrading...

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Paragon Calls Out Ocean Power’s Contract Award Announcements in Response to Paragon’s Campaign as Too Little, Too Late
Electronics & EngineeringCompany Update

Paragon Calls Out Ocean Power’s Contract Award Announcements in Response to Paragon’s Campaign as Too Little, Too Late

December 13, 2023 11:45 AM

EASTON, PA / ACCESSWIRE / December 13, 2023 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.9% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), calls out OPT's recent contract award press releases in response to Paragon's criticism of the financial mismanagement of OPT as yet another attempt to divert shareholder attention from the degrading...

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Paragon Technologies Reminds Ocean Power Technologies Shareholders to Vote the BLUE Proxy Card for Paragon’s Nominees
Electronics & EngineeringCompany Update

Paragon Technologies Reminds Ocean Power Technologies Shareholders to Vote the BLUE Proxy Card for Paragon’s Nominees

December 8, 2023 3:00 PM

EASTON, PA / ACCESSWIRE / December 8, 2023 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, owning approximately 4.9% of the outstanding shares of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), reminds OPT shareholders to vote the BLUE proxy and disregard any materials from OPT.Unless a complete overhaul of the OPT Board happens NOW, we believe the share price of OPT is headed towards ZERO in...

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Smart Eye Announces 12 New Driver Monitoring System Design Wins with Major Korean Manufacturer
Electronics & EngineeringRegulatory

Smart Eye Announces 12 New Driver Monitoring System Design Wins with Major Korean Manufacturer

December 7, 2023 6:20 AM

GÖTEBORG, SE / ACCESSWIRE / December 07, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye has been selected to deliver its world-leading Driver Monitoring System (DMS) software to an additional twelve car models. The estimated revenue of the order is SEK 150 million based on estimated product life cycle projections.Gothenburg, Sweden - December 7, 2023 - Smart Eye, the leading developer of DMS software for the automotive industry,...

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Paragon Technologies Issues Statement to Shareholders of Ocean Power Technologies Regarding the Shameless Entrenchment Actions of the OPTT Board
Electronics & EngineeringCompany Update

Paragon Technologies Issues Statement to Shareholders of Ocean Power Technologies Regarding the Shameless Entrenchment Actions of the OPTT Board

December 6, 2023 4:29 PM

EASTON, PA / ACCESSWIRE / December 6, 2023 /To the Shareholders of OPTT:Paragon Technologies ("Paragon") (OTC PINK:PGNT), owns approximately 4.9% of the outstanding shares of Ocean Power Technologies (NYSE American:OPTT), ("OPT" or the "Company") making Paragon the single largest holder of OPT based on publicly available information.On November 30, the Delaware Court denied Paragon's request for a preliminary injunction relating to OPT's onerous...

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NuEyes Partners With HTC VIVE to Launch Low Vision Wearable
Electronics & EngineeringProduct Announcements

NuEyes Partners With HTC VIVE to Launch Low Vision Wearable

December 6, 2023 6:00 AM

NEWPORT BEACH, CA / ACCESSWIRE / December 6, 2023 / NuEyes, a pioneer in the field of augmented reality smart glasses technology, is thrilled to announce that it has partnered with HTC VIVE to create the NuEyes e3+, a wearable solution for people with low vision. Powered by the HTC VIVE XR Elite, the e3+ renders an XR space of the real world, offering people with macular degeneration and other forms of low vision the ability to customize their...

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Magneto Movement Completes the Acquisition of Dumore Corporation
Electronics & EngineeringMergers and Acquisitions

Magneto Movement Completes the Acquisition of Dumore Corporation

December 4, 2023 3:00 PM

MAUSTON, WI / ACCESSWIRE / December 4, 2023 / Magneto Movement, Inc., a portfolio company of Ilion Capital Partners, is excited to announce the successful acquisition of Dumore Corporation, a leader in electric motors, motor assemblies, industrial tools, and emergency starter solenoids.Dumore Corporation was established in 1913 by Louis Hamilton and Chester Beach, beginning its tradition of turning creative ideas into high-quality products built...

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Clarification: Smart Eye Announces Nine New Driver Monitoring System Design Wins
Electronics & EngineeringRegulatory

Clarification: Smart Eye Announces Nine New Driver Monitoring System Design Wins

December 1, 2023 8:45 AM

GÖTEBORG, SWEDEN / ACCESSWIRE / December 01, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) has been selected to deliver its world-leading Driver Monitoring System (DMS) software to nine additional car models. The estimated revenue of the order is SEK 150 million based on estimated product life cycle projections.Clarification: The total estimated value for all 20 OEMs from possible additional design wins increases to SEK 4.295...

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Smart Eye Announces Nine New Driver Monitoring System Design Wins
Electronics & EngineeringRegulatory

Smart Eye Announces Nine New Driver Monitoring System Design Wins

December 1, 2023 7:45 AM

GÖTEBORG, SE / ACCESSWIRE / December 01, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye has been selected to deliver its world-leading Driver Monitoring System (DMS) software to nine additional car models. The estimated revenue of the order is SEK 150 million based on estimated product life cycle projections.Smart Eye, the leading developer of DMS software for the automotive industry, will deliver its technology to nine new car...

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Smart Eye AB Changes Certified Adviser to Carnegie Investment Bank AB (publ)
Electronics & EngineeringRegulatory

Smart Eye AB Changes Certified Adviser to Carnegie Investment Bank AB (publ)

November 30, 2023 10:15 AM

GÖTEBORG, SWEDEN / ACCESSWIRE / November 30, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye AB today announces a change of Certified Adviser from Erik Penser Bank AB to Carnegie Investment Bank AB (publ).Smart Eye AB has entered into an agreement with Carnegie Investment Bank AB (publ) regarding the position as Certified Adviser. Carnegie Investment Bank AB (publ) will take over as Certified Adviser on November 30, 2023. Until...

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Smart Eye’s Market-Leading Driver Monitoring Software Included in New Volvo EX90
Electronics & EngineeringCompany Update

Smart Eye’s Market-Leading Driver Monitoring Software Included in New Volvo EX90

November 29, 2023 9:15 AM

GÖTEBORG, SWEDEN and BOSTON, MA / ACCESSWIRE / November 29, 2023 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) provides key technology for Volvo Cars' comprehensive driver understanding system, improving driver safety to avoid road fatalities.Smart Eye, the leading developer of AI-based driver monitoring technology, today announced that its premium Driver Monitoring System (DMS) software is included in the new Volvo EX90, Volvo Cars'...

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BEACN Announces Results for Q3, 2023 and Improvement from B2B Strategy
Electronics & EngineeringEarnings

BEACN Announces Results for Q3, 2023 and Improvement from B2B Strategy

November 24, 2023 1:00 PM

Not for distribution to United States Newswire Services or for dissemination in the United StatesGrowth for the three-month period ended September 30, 2023 over the same period in 2022 achieved with B2B sales strategy and investment in sales & marketing.VICTORIA, BC / ACCESSWIRE / November 24, 2023 / BEACN Wizardry & Magic Inc. (TSXV:BECN) ("BEACN" or the "Company") is pleased to announce that revenue for the three months ended September 30,...

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Aeluma Wins Second Navy Award
Electronics & EngineeringCompany Update

Aeluma Wins Second Navy Award

November 22, 2023 1:00 PM

New Award to Develop High Speed Photodetectors for Defense and Aerospace Applications Leveraging Aeluma's Large-Scale Semiconductor TechnologyAward Invests in Photodetectors for Communication Applications for Defense and Aerospace and Commercial MarketsGOLETA, CA / ACCESSWIRE / November 22, 2023 / Aeluma, Inc. (OTCQB:ALMU), a semiconductor company specializing in scalable, cost-effective technologies for LiDAR (light detection and ranging),...

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Delaware Chancery Court Cites the Disconnect Between Ocean Power Technologies Financial Picture and Its Public Statements
Electronics & EngineeringCompany Update

Delaware Chancery Court Cites the Disconnect Between Ocean Power Technologies Financial Picture and Its Public Statements

November 17, 2023 3:15 PM

EASTON, PA / ACCESSWIRE / November 17, 2023 / Paragon Technologies, Inc. ("Paragon") (OTC PINK:PGNT), a diversified holding company, owns approximately 4.0% of the outstanding shares of Ocean Power Technologies, Inc. ("Company") ("OPT"), which we believe makes Paragon OPT's single largest shareholder.On July 11, 2023, OPT issued a public response to Paragon's publicly disclosed concerns about the Company's degrading financial performance by...

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Paragon Technologies News Release
Electronics & EngineeringEarnings

Paragon Technologies News Release

November 16, 2023 6:05 PM

EASTON, PA / ACCESSWIRE / November 16, 2023 / Paragon Technologies, Inc. (OTC PINK:PGNT), a holding company, announced its results for the three and nine months ended September 30, 2023, on November 16, 2023.Paragon Technologies, Inc.'s Consolidated Statement of Operations for the three and nine months ended September 30, 2023 and 2022 are summarized below. For further detail on our results, shareholders should carefully review our quarterly...

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Atomera Achieves Revenue Milestone Under First Commercial License Agreement
Electronics & EngineeringCompany Update

Atomera Achieves Revenue Milestone Under First Commercial License Agreement

November 14, 2023 4:02 PM

LOS GATOS, CA / ACCESSWIRE / November 14, 2023 / Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and technology licensing company, today announced it has reached a significant revenue milestone under its first license for commercialization of Mears Silicon TechnologyTM (MST®). By completing the transfer of intellectual property, including the MST film recipe, Atomera has enabled this customer to manufacture MST-enabled wafers in...

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FireBoard Beacon Temperature Monitor Opens New Doors With S1G Tech
Electronics & EngineeringProduct Announcements

FireBoard Beacon Temperature Monitor Opens New Doors With S1G Tech

November 14, 2023 2:00 PM

From its Kansas City, Missouri, headquarters, FireBoard Labs announces a new product offering called the Beacon, opening new temperature monitoring possibilities in restaurants, grocery and cold storage. The Beacon uses industry-leading, cloud-connected technology paired with the FireBoard mobile app to provide remote temperature monitoring and logging.KANSAS CITY, MO / ACCESSWIRE / November 14, 2023 / Leading temperature monitoring company...

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