QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN), EVT Collaborate to Enhance EV Performance, Scale to Other Energy Applications

 Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a partnership with Global EV Technology, Inc. and EV Technologies, LLC. (collectively “EVT”) to form Mullen Advanced Energy Operations, LLC. (“MAEO”) with initial development for improving energy management technology in electric vehicles for greater range and vehicle performance and scaling to other energy applications. Mullen owns 51% of the newly formed entity and will consolidate the results of its operations in Mullen Automotive. Under the agreement, Global EV Technology will contribute its technology and existing contracts to MAEO, and Mullen will provide capital, execution and commercialization to grow the business. Both companies will be contributing and collaborating on known verified technology for improving existing vehicle performance and extending battery range. As this technology has immediate and key implications for electric vehicles, MAEO’s initial development will focus on improving Mullen’s lineup of commercial and consumer EVs. Lawrence Hardge, a successful life-long inventor with a storied career of over 30 years, is the founder and chief scientific officer of Global EV Technology. “Lawrence is a talented inventor, and we are excited to begin working with him on improving electric vehicle performance,” said David Michery, CEO and chairman of Mullen Automotive. “We are always looking for forward-thinking and ground-breaking technology opportunities and are pleased to partner with Global and EV Technologies.”

To view the full news release, visit https://ibn.fm/xw33w

About Mullen Automotive Inc.

Mullen is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in two company owned United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. The Mullen FIVE, the company’s first electric crossover, is slated for delivery in 2024 and features an award-winning design and its patented PERSONA technology that utilizes facial recognition to personalize the driving experience for every individual. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of all of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

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QualityStocksNewsBreaks – RYVYL Inc. (NASDAQ: RVYL) Releases Financial Report for Q4, FY 2022

 RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, is reporting record full-year revenues in its just-released financial report, which covers the fourth quarter and full year for the period ending Dec. 31, 2022. Highlights of the report included 33% growth in full-year revenue, which totaled $32.9 million on processing volume of $3.6 billion, an 83% increase from $1.95 billion processed in 2021; record Q4 revenue of $11.1 million, a 56% increase over Q4 2021; and FX and international payments business reporting more than $1 billion in business volume during 2022. In addition, corporate highlights for the company included the launch of its coyni v2 platform; expanded services in American Samoa to 256 merchants, representing more than one-half of the overall merchant market; and the signing of six global financial institutions for its Banking-as-a-Service (“BAAS”) solution, which is projected to process more than $100 million monthly month when fully ramped up. “We are proud of the meaningful strides we accomplished during 2022 towards achieving our long-term objective of becoming a disruptive force in the digital payments market,” said RYVYL CEO Fredi Nisan in the press release. “Our fiscal year 2022 was highlighted by continued top line growth leading to record revenue of $32.9 million on record annual processing volume of $3.6 billion.

The levers that drove our growth in 2022 were our merchant acquiring business and geographic expansion following the completion of our acquisition of Transact Europe, with our international transaction volume exceeding $1 billion during the year. . . . With a growing pipeline in our domestic and international acquiring businesses, market share capture in American Samoa, recent breakthrough sign ups with our banking-as-a-service solution, and plans to spin-off coyni to unlock its potential, we are well positioned for strong growth and expansion of our presence in the digital payments landscape. In 2023, we expect to see our transaction volume increase to $6 billion resulting in revenue of $60 million and a positive adjusted EBITDA of $4 million.”

To view the full press release, visit https://ibn.fm/cmGOf

About RYVYL

RYVYL was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business and peer-to-peer payment transactions around the globe. By leveraging unique blockchain security and USD-pegged stablecoin technology with near real-time attestation, RYVYL is reinventing the future of financial transactions using its coyni(R) stablecoin platform as a transactional foundation. Since its founding as GreenBox POS in 2017, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants and consumers around the globe. For more information about the company, please visit www.GreenBoxPOS.com.

NOTE TO INVESTORS: The latest news and updates relating to RVYL are available in the company’s newsroom at https://ibn.fm/RVYL

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Reports FY 2022 Financial Statements, Corporate Update

 BiondVax Pharmaceuticals (NASDAQ: BVXV), a biotech company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, published its full-year financial results for the year ended December 31, 2022; the report also included key business updates. Highlights of the report include the signing of definitive agreements with the Max Planck Society (“MPG”) and the University Medical Center Göttingen, Germany (“UMG”) designed to enable BiondVax to build a pipeline of “bio-better” nanosized VHH antibodies (NanoAbs); notice that the unique physicochemical characteristics of NanoAbs being generated by BiondVax’s scientific partners show several competitive attributes, including greater binding affinity, neutralization at lower drug concentrations, stability at high temperatures, and convenient routes of administration and formulation advantages; and an option for an exclusive worldwide license agreement at pre-agreed financial terms for additional NanoAbs discovered and characterized under the BiondVax-MPG-UMG agreement.

In addition, the company is looking at starting a phase 1/2a clinical trial while continuing to monitor the ongoing evolution of the COVID-19 virus and variants of concern (“VoCs”). “BiondVax’s recent achievements leave me very optimistic about BiondVax’s growth potential and ability to deliver value to our stakeholders,” said BiondVax CEO Amir Reichman in the press release. “This past winter we published exciting data from the proof-of-concept in vivo trial of an inhaled NanoAb therapy. Looking forward, I’m excited to exercise our option to obtain an exclusive license at pre-agreed financial terms to anti-IL-17 NanoAbs targeting safe, effective and convenient treatment of psoriatic lesions; scale up in-house NanoAb manufacturing; and conduct an in vitro proof-of-concept study and potentially also a preclinical trial of the IL-17 NanoAb as a therapy for psoriasis. The BiondVax team, in collaboration with our scientific partners from MPI-NAT and UMG, has worked exceedingly hard to develop best in class capabilities in NanoAb technology-based drug development.”

To view the full press release, visit https://ibn.fm/blcPk

About BiondVax Pharmaceuticals Ltd.

BiondVax Pharmaceuticals is a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases. Since its inception, the company has executed eight clinical trials including a seven-country, 12,400-participant, phase 3 trial of its prior vaccine candidate; the company has also built a state-of-the-art manufacturing facility for biopharmaceutical products. With highly experienced pharmaceutical industry leadership, BiondVax is aiming to develop a pipeline of diversified and commercially viable products and platforms beginning with an innovative nanosized antibody (“NanoAb”) pipeline. For more information about the company, please visit www.BiondVax.com

NOTE TO INVESTORS: The latest news and updates relating to BVXV are available in the company’s newsroom at https://ibn.fm/BVXV

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Cepton, Inc. (NASDAQ: CPTN) Continues to Forge Innovative Partnerships to Expand Lidar Applications Across Sectors and Geographies

 

• As a lidar developer engaged with all Top 10 global automotive OEMs, Cepton is established in the automotive space; but as a technology that allows examination of natural and manmade environments with accuracy and precision, lidar can offer much more
• In addition to its work with leading automotive OEMs, Cepton has been also committed to forging partnerships beyond the automotive sector to improve infrastructure efficiency and safety around the world
• Cepton’s low-cost, high-resolution perception devices that enable scanning of environments have been deployed in projects around the world to transform spaces into smart infrastructure

Often coined as one of the most useful and versatile technologies of our time, lidar use cases go beyond merely enabling driver assistance functions in vehicles – although this is the application the technology is widely known for. As an optical technology that uses infrared light to measure distances, localize objects, or create maps of various areas with accuracy and precision, it can be used in practically any industry, from autonomous driving and logistics to robotics, construction, security, and agriculture, enhancing safety and productivity across a variety of end markets. As a provider of smart 3D-sensing lidar solutions, Cepton (NASDAQ: CPTN) has been collaborating with a number of global partners over the years to bring unique and accurate 3D imaging capabilities of this powerful technology beyond automotive applications to transform spaces into intelligent infrastructure.

Some of the collaborative projects include high-fidelity mapping and smart analytics on the fly for applications such as 3D modeling for building information modeling, historical site mapping, terrain modeling, volumetric mining calculations, power line inspection and forestry mapping (https://ibn.fm/EySVz). Another notable partnership includes security applications in surveillance and facility management, a project where Cepton’s smart lidar was deployed seamlessly with the client’s other sensors to provide a complete image of the monitored space, enabling high-resolution visual capture of the environment and activities within it (https://ibn.fm/tv0WO). In South Africa, Cepton teamed up with partners to enable smart transportation infrastructure in Cape Town by developing vehicle detection solutions deployed across the city (https://ibn.fm/HZAWv).

Vehicle and road safety is at the forefront of modern automotive design, and here, Cepton seeks to take it up a notch again. Instead of just giving drivers an accurate picture of the surrounding environment, Cepton aims to push the current limits to provide an extended field of view for drivers and communicate additional information about road conditions and unseen hazards in real time. Joining forces with its partners committed to building the future of transportation, the company co-developed a system that – true to its name, Periscope – was able to “look around the corner” and warn the driver about five seconds before a pedestrian became visible, providing more time for drivers to react to potentially hazardous situations (https://ibn.fm/ocu4n).

Cepton has also been busy forging partnerships with other leading players across multiple regions – from North America to Europe, Africa and more. For example, Ford has been partnering with Cepton practically since the company’s inception in 2016, both for R&D collaboration and small-scale deployments, where Cepton’s lidars were used in some of Ford’s smart city projects (https://ibn.fm/DBLKE). In the UK, Cepton was part of an innovative project that aimed to help build safer, greener and smarter cities by transforming buses into mobile road inspection tools by equipping them with the tech to create a detailed map of the urban environment (https://ibn.fm/yS80w). Cepton’s most recent partnership lies within America’s tolling infrastructure, as the company scored a contract with one of the largest U.S. tolling system operators. Using Cepton’s Sora lidars, systems are beginning to roll out with high 3D imagery for all vehicles at top speeds in order to provide profiling for traffic congestion and toll leakage (https://ibn.fm/Oxmdd).

The current and future growth in lidar remains exciting, as this technology has the potential to disrupt many traditional industries, leading to higher productivity, safety, and convenience for all end consumers. As lidar deployment continues to advance rapidly, innovators like Cepton will keep forging onwards with new, disruptive applications.

For more information, visit the company’s website at www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.comw
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Working to Be ‘Premier, Responsible’ Supplier in Burgeoning EV Battery Sector

 

• EV sales in worldwide and nationwide forecast for “strong acceleration”
• U.S. EV market projected to reach more than $61B this year with an annual growth rate of 22.79% through 2027
• Battery Mineral’s mission is the discovery, acquisition and development of battery metals

In what a U.S. Bureau of Labor Statistics (“BLS”) article is calling “one of the fastest-growing manufacturing industries in the economy” (https://ibn.fm/Pfv6a), the electrical equipment and manufacturing industry is largely driven by growth in the electric vehicle (“EV”) sector. A growing player in that space, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is positioning itself to benefit from what some experts project to be double-digit CAGR through 2027 (https://ibn.fm/3tdMt).

“Although forecasts for the rate of EV adoption over the next decade vary widely given rapid changes in both government policies and the auto manufacturing industry in recent years, many forecasts expect a strong acceleration in EV adoption,” reports the BLS article. “S&P Global Mobility forecasts electric vehicle sales in the United States could reach 40% of total passenger car sales by 2030, and more optimistic projections foresee electric vehicle sales surpassing 50 percent by 2030.”

The article, titled “Charging into the Future, the Transition to Electric Vehicles,” notes that “employment in the electrical equipment and component manufacturing industry, which includes the production of electric vehicle batteries and battery chargers, is projected to increase 17% over the 2021−31 decade, making it one of the fastest-growing manufacturing industries in the economy.”

Statista projects revenue in the U.S. EV market to reach more than $61 billion this year alone, with an annual growth rate of 22.79%, resulting in a projected market volume of $139.10 billion by 2027. The leading provider of market and consumer data goes on to report that U.S. EV market unit sales are expected to reach 2.13 million vehicles that same year. Globally, Goldman Sachs Research projects that EVs will make up about half of new-car sales by 2035 (https://ibn.fm/8gmbx).

All of this bodes well for Battery Minerals, a company working to provide shareholders with exposure to the global megatrend of electrification while focusing on growth through cash flow, exploration and acquisitions in favorable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition and development of battery metals (namely cobalt, lithium, graphite, and copper) in North America, South America and South Korea, and the company is committed to becoming a premier, responsible supplier of battery minerals to the electrification marketplace.

BMR is currently working to resume operations of the Punitaqui Mining Complex, a past copper-gold producer in the Coquimbo region of Chile. The company is also the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario, Canada, and continues to pursue a focused program to build on the recently announced, 1-million-pound-plus high-grade cobalt resource at McAra. In addition, Battery Mineral owns 100% of ESI Energy Services Inc., a profitable mainline pipeline and renewable energy equipment rental and sales company with operations in Alberta, Canada, and Arizona.

For more information, visit the company’s website at www.BMRCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to BTRMF are available in the company’s newsroom at https://ibn.fm/BTRMF

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.comw
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php