Voyager Digital Announces Participation in December Investor Events

 


Voyager Digital Announces Participation in December Investor Events

 

NEW YORKNov. 30, 2021 /PRNewswire/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) today announced the Company’s participation in the following investor events in December 2021:

               December 2nd – D.A. Davidson Virtual FinTech Conference

               December 2nd – OTC Small Cap Growth Virtual Conference

               December 7th – Keefe, Bruyette & Woods Innovation in Finance Conference

               December 8th – B Riley Securities’ Crypto Conference

For more information about investor events that Voyager will be participating in, please visit www.investvoyager.com/investorrelations/events.

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG;OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 60 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

SOURCE Voyager Digital (Canada) Ltd.

Lineage Reports Fourth Case of Retinal Tissue Restoration With OpRegen®


Lineage Reports Fourth Case of Retinal Tissue Restoration With OpRegen®

 

  • Four Patients With Dry Age-Related Macular Degeneration Observed to Have Areas of Geographic Atrophy Which Diminished or Remained Unchanged Relative to Baseline for a Period of at Least 12 Months
  • All Four Patients Exhibited Improvements in Visual Acuity at 12 Months
  • Differences in Visual Acuity Between Treated and Untreated Eyes in all Cohort 4 Patients Remained Statistically Significant At 9, 12, and 15 Months

CARLSBAD, Calif.–(BUSINESS WIRE)–Nov. 30, 2021– 

Lineage Cell Therapeutics, Inc.
 (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, announced today that restoration of retinal tissue was observed in a fourth patient enrolled in the Company’s Phase 1/2a clinical study of its lead product candidate, OpRegen. Retinal tissue restoration and improved visual acuity has now been observed in all four better vision patients treated in Cohort 4, where surgeons successfully covered the majority of the area of atrophy with a suspension of OpRegen cells. Outer retinal layer restoration, which was observed using clinical high-resolution Optical Coherence Tomography (OCT), was evidenced by the presence of new areas of retinal pigment epithelium (RPE) monolayer with overlying ellipsoid zone, external limiting membrane, and outer nuclear layer, which were not present at the time of baseline assessment. These new and additive findings continue to support the Company’s view that atrophic AMD is not an irreversible, degenerative condition and that some portion of diseased retinal tissue may be recoverable. OpRegen is an allogeneic RPE cell transplant in development for the treatment of age-related macular degeneration (AMD) with geographic atrophy (GA), or dry (atrophic) AMD.

“After reporting three previous cases of retinal restoration over the course of the last two years, we have been carefully examining the other Cohort 4 patients. We have put significant work into reviewing images from the remaining patient who had the majority of the area of atrophy covered by the OpRegen suspension at the time of surgical implant. I am pleased to report that at the scheduled Month 12 post-operative visit for this patient, although less prominent than the 3 previously reported cases due to a smaller area of atrophy at baseline, there is clear evidence of retinal restoration in some areas, and the total area of atrophy as calculated using square root transformation, or SQRT, is smaller than the size calculated at baseline,” stated Jordi Monés, M.D., Ph.D., Director, Institut de la Màcula and Director, Principal Investigator and Founder, 
Barcelona Macula Foundation. “The finding of a fourth case of restoration further supports our goal of showing that atrophic age-related macular degeneration can be responsive to this type of cell therapy. Dry AMD is a progressive disease and halting or reversing an area of atrophy does not occur spontaneously, which we believe makes the durability and reproducibility of these changes unprecedented within the field. With 12 months of follow-up complete, I am eager to have these cases submitted for peer-reviewed publication.”

“We have treated 24 patients with OpRegen, 12 of which were not legally blind at baseline and represent our intended treatment population. Among these 12 patients, four received thorough coverage of OpRegen cells across the majority of the atrophic area and experienced a cessation or reversal of their areas of atrophy at 12 months and continue to be followed. These patients also experienced increases in their visual acuity in their treated eye. We believe these four patients represent the only examples of an experimental treatment for dry AMD which can reduce an area of atrophy in humans, rather than simply slow its growth,” added  Brian M. Culley, Lineage CEO. “Restoration of retinal tissue using cell therapy represents a paradigm shift compared to conventional approaches, which to date have only shown an unremarkable slowing of progression. In addition to being well tolerated to date, the durability of changes to areas of atrophy and improvements in visual acuity support the continued and rapid clinical development of OpRegen. Alongside our advisors, we currently are preparing for multiple engagements with FDA to discuss aspects of OpRegen’s designation, our manufacturing plans, and the design of a later-stage clinical trial to begin next year. We anticipate the first of these engagements will begin next month and continue in the first quarter of 2022.”

OpRegen Phase 1/2a Interim Clinical Trial Results

  • Retinal restoration, reported in four patients to date, persisted from over 12 months to greater than 3 years following treatment and continues to be followed.
  • Restoration was evidenced by the presence of new areas of RPE monolayer with overlying ellipsoid zone, external limiting membrane, and outer nuclear layer, which were not present at the time of baseline assessment.
    • Reductions, or no progression for at least 1 year, was observed in the total area of GA in all four of these better vision Cohort 4 patients.
  • Overall, using the Early Treatment Diabetic Retinopathy Study (EDTRS) assessment of best corrected visual acuity (BCVA), 7/12 (58%) of each of Cohort 4 patients’ treated eye were at baseline or better at 15 months or last time point, which extends beyond 3 years in some patients. In comparison, at the same time points, 8/12 (67%) were below baseline in those same patients’ fellow untreated eyes.
    • All four retinal restoration patients reported improvements in their visual acuity, which has been maintained for at least 12 months in all four of those patients.
  • Across the study, in patients with previously reported structural improvements in the retina, decreases in drusen density, and a trend toward slower GA progression in treated compared to untreated eyes continue to be present.
  • Evidence of durable engraftment of OpRegen RPE cells has extended to more than 5 years in the earliest treated patients, supporting the potential for OpRegen to be a one-time treatment.

Overall, OpRegen has been well tolerated to date and there have been no new, unexpected ocular or systemic adverse events or serious adverse events that have not been previously reported.

About OpRegen

OpRegen is currently being evaluated in a Phase 1/2a open-label, dose escalation safety and efficacy study of a single injection of human retinal pigment epithelium cells derived from an established pluripotent cell line and transplanted subretinally in patients with advanced dry AMD with GA. The study enrolled 24 patients into 4 cohorts. The first 3 cohorts enrolled only legally blind patients with best corrected visual acuity (BCVA) of 20/200 or worse. The fourth cohort enrolled 12 better vision patients (BCVA from 20/65 to 20/250 with smaller mean areas of GA). Cohort 4 also included patients treated with a new “thaw-and-inject” formulation of OpRegen, which can be shipped directly to sites and used immediately upon thawing, removing the complications and logistics of having to use a dose preparation facility. The primary objective of the study is to evaluate the safety and tolerability of OpRegen as assessed by the incidence and frequency of treatment emergent adverse events. Secondary objectives are to evaluate the preliminary efficacy of OpRegen treatment by assessing the changes in ophthalmological parameters measured by various methods of primary clinical relevance. OpRegen is a registered trademark of 
Cell Cure Neurosciences Ltd., a majority-owned subsidiary of 
Lineage Cell Therapeutics, Inc.

About Age-Related Macular Degeneration

Age-related macular degeneration (AMD) is an eye disease that can blur the sharp, central vision in patients and is the leading cause of vision loss in people over the age of 60. There are two forms of AMD: dry (atrophic) AMD and wet (neovascular) AMD. Dry (atrophic) AMD is the more common of the two forms, accounting for approximately 85-90% of all cases. In atrophic AMD, parts of the macula get thinner with age and accumulations of extracellular material between Bruch’s membrane and the RPE, known as drusen, increase in number and volume, leading to a progressive loss of central vision, typically in both eyes. Global sales of the two leading wet AMD therapies were in excess of 
$10 billion in 2019. Nearly all cases of wet AMD eventually will develop the underlying atrophic AMD if the newly formed blood vessels are treated correctly. There are currently no 
U.S. Food and Drug Administration (FDA), or 
European Medicines Agency, approved treatment options available for patients with atrophic AMD.

About Lineage Cell Therapeutics, Inc.

Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to either replace or support cells that are dysfunctional or absent due to degenerative disease or traumatic injury or administered as a means of helping the body mount an effective immune response to cancer. Lineage’s clinical programs are in markets with billion dollar opportunities and include three allogeneic (“off-the-shelf”) product candidates: (i) OpRegen®, a retinal pigment epithelium transplant therapy in Phase 1/2a development for the treatment of dry age-related macular degeneration, a leading cause of blindness in the developed world; (ii) OPC1, an oligodendrocyte progenitor cell therapy in Phase 1/2a development for the treatment of acute spinal cord injuries; and (iii) VAC2, an allogeneic dendritic cell therapy produced from Lineage’s VAC technology platform for immune-oncology and infectious disease, currently in Phase 1 clinical development for the treatment of non-small cell lung cancer. For more information, please visit www.lineagecell.com or follow the Company on Twitter @LineageCell.

Forward-Looking Statements

Lineage cautions you that all statements, other than statements of historical facts, contained in this press release, are forward-looking statements. Forward-looking statements, in some cases, can be identified by terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “design,” “intend,” “expect,” “could,” “can,” “plan,” “potential,” “predict,” “seek,” “should,” “would,” “contemplate,” “project,” “target,” “tend to,” or the negative version of these words and similar expressions. Such statements include, but are not limited to, statements relating to the potential benefits of treatment with OpRegen in dry AMD patients with GA, the significance of clinical data reported to date from the ongoing Phase 1/2a study of OpRegen, including the findings of retinal tissue restoration, Lineage’s plans to meet with the FDA to discuss OpRegen’s clinical development, the potential utilization of OCT imaging to measure efficacy in a pivotal clinical trial of OpRegen for the treatment of dry AMD with GA, and the potential for Lineage’s investigational allogeneic cell therapies to provide safe and effective treatment for multiple, diverse serious or life threatening conditions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Lineage’s actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by the forward-looking statements in this press release, including the risk that treatment with OpRegen in dry AMD patients with GA may not provide the benefits anticipated, the risk that interim results from clinical trials may not be predictive of future results, including later clinical trial results, and that interim data from clinical trials may change as more patient data become available and are subject to audit and verification procedures, and risks and uncertainties inherent in Lineage’s business and other risks in Lineage’s filings with the 
Securities and Exchange Commission (SEC). Lineage’s forward-looking statements are based upon its current expectations and involve assumptions that may never materialize or may prove to be incorrect. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. Further information regarding these and other risks is included under the heading “Risk Factors” in Lineage’s periodic reports with the 
SEC, including Lineage’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the 
SEC and its other reports, which are available from the SEC’s website. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Lineage undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Lineage Cell Therapeutics, Inc. IR
Ioana C. Hone
(ir@lineagecell.com)
(442) 287-8963

Solebury Trout IR
Mike Biega
(Mbiega@soleburytrout.com)
(617) 221-9660

Russo Partners – Media Relations
Nic Johnson or  David Schull
Nic.johnson@russopartnersllc.com
David.schull@russopartnersllc.com
(212) 845-4242

Source: 
Lineage Cell Therapeutics, Inc.

Kratos Receives Initial Approximate $4 Million in Single Award Funding on New C5ISR Program Award with Total Potential $75 Million Program Value


Kratos Receives Initial Approximate $4 Million in Single Award Funding on New C5ISR Program Award with Total Potential $75 Million Program Value

 

SAN DIEGO
Nov. 30, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received the initial, approximate 
$4 million in funding on a new, single award, Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance & Reconnaissance (C5ISR) program, with a total potential program value of approximately 
$75 million, including production. Kratos C5ISR Business is an industry leader in products, systems and solutions supporting unmanned aerial vehicle, space & satellite communications, missile, radar, missile defense, high power directed energy, CBRNE and other C5ISR platforms and systems for national security programs of 
the United States and its allies. Work under this new program award will be performed at secure Kratos production and manufacturing facilities. Due to customer, competitive, security related and other considerations, no additional information will be provided related to this program.

Tom Mills, President of Kratos C5ISR Division, said, “The recapitalization of strategic weapon systems to address peer threats to 
the United States and its allies is driving strong demand for Kratos products and systems, including as related to unmanned aerial systems, satellite communications and missile and radar systems.  We are honored to have received this award from this critical national security related customer.”

Eric DeMarco, President and CEO of Kratos, said, “Kratos is making the internally funded investments required to address our national security customers’ most important and time sensitive requirements, with rapid development and fielding of systems that are technologically advanced and relevant to today’s environment.  We believe that this new, sole source award is representative of Kratos’ – listen to the customer, make the investment and provide the solution – organic growth approach.” 

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information go to www.KratosDefense.com.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended 
December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the 
SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

QuickChek – November 30, 2021



Harte Hanks to Uplist to the Nasdaq Global Market

Harte Hanks, Inc. today announced that the Company has met the stringent financial, liquidity and corporate governance listing requirements of the Nasdaq Global Market® (“Nasdaq”), and the Company has been approved for listing on the Nasdaq.

Research, News & Market Data on Harte Hanks



Esports Entertainment Group’s ggCircuit Launches New Product: OMEGA

Esports Entertainment Group, Inc. and their ggCircuit brand today announced OMEGA, a new revolutionary product offering for B2B customers.

Research, News & Market Data on Esports Entertainment Group



Flotek Announces Participation in Noble Capital Markets Virtual Road Show Series

Flotek Industries announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for December 1, 2021

Research, News & Market Data on Flotek
Register for the event



Lineage Reports Fourth Case of Retinal Tissue Restoration With OpRegen®

Lineage Cell Therapeutics announced that restoration of retinal tissue was observed in a fourth patient enrolled in the Company’s Phase 1/2a clinical study of its lead product candidate, OpRegen

Research, News & Market Data on Lineage Cell Therapeutics

Watch recent presentation from Lineage Cell Therapeutics



Comtech Telecommunications Corp. Awarded $3.5 Million for Cyber Training

Comtech announced that during its first quarter of fiscal 2022, it was awarded $3.5 million for cyber training

Comtech announced that during its first quarter of fiscal 2022, it was awarded a 5G Contract with a Canadian Tier-One Carrier

Research, News & Market Data on Comtech

Watch recent presentation from Comtech



Kratos Receives Initial Approximate $4 Million in Single Award Funding on New C5ISR Program Award with Total Potential $75 Million Program Value

Kratos Defense & Security Solutions announced that it has received the initial, approximate $4 million in funding on a new, single award, Command, Control, Communication, Computing, Combat System, Intelligence, Surveillance & Reconnaissance (C5ISR) program

Research, News & Market Data on Kratos



Orion Group Holdings, Inc. Announces Contract Awards

Orion announced four contract awards for its Concrete segment totaling approximately $28 million

Orion announced three contract awards for its Marine segment totaling approximately $16 million

Research, News & Market Data on Orion Group Holdings

Watch recent presentation from Orion Group Holdings



Voyager Digital Announces Participation in December Investor Events

Voyager Digital announced the Company’s participation in investor events in December 2021

Research, News & Market Data on Voyager

Watch recent presentation from Voyager

 

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Euroseas (ESEA) – Another Time Charter Enhances Forward Cover

Tuesday, November 30, 2021

Euroseas (ESEA)
Another Time Charter Enhances Forward Cover

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers. As of March 31, 2017, it had a fleet of seven containerships; and six drybulk carriers, including three Panamax drybulk carriers, one Handymax drybulk carrier, one Kamsarmax drybulk carrier, and one Ultramax drybulk carrier. The company was founded in 2005 and is based in Maroussi, Greece.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Another short charter on the Oakland signed before a four year charter starts. Yesterday, two time charters on the Oakland 4,253 TEU intermediate were announced. The first one runs 60-90 days at a TCE rate of $130.0k/day and the second one runs for at least four years (with a three month redelivery window) at a TCE rate of $42.0k/day into 1Q2026. While down from recent highs, the time charters are positive for cash flow visibility.

    No change to our 2021 EBITDA estimate of $53.9 million based on TCE rates of $18.6k/day.  As discussed in recent notes, forward cover is full and the Corfu is repositioning toward China on a short charter prior to dry docking …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

C-Suite Interview with ACCO Brands (ACCO) Chairman & CEO Boris Elisman


Noble Capital Markets Senior Research Analyst Joe Gomes interviews ACCO Brands Chairman & CEO Boris Elisman.

Research, News, and Advanced Market Data on ACCO


View all C-Suite Interviews

About ACCO Brands Corporation

ACCO Brands Corporation (NYSE: ACCO) is one of the world’s largest designers, marketers and manufacturers of branded academic, consumer and business products. Our widely recognized brands include Artline®, AT-A-GLANCE®, Barrilito®, Derwent®, Esselte®, Five Star®, Foroni®, GBC®, Hilroy®, Kensington®, Leitz®, Mead®, PowerA®, Quartet®, Rapid®, Rexel®, Swingline®, Tilibra®, Wilson Jones® and many others. Our products are sold in more than 100 countries around the world. More information about ACCO Brands, the Home of Great Brands Built by Great People, can be found at www.accobrands.com.

Orion Group Holdings, Inc. Announces Contract Awards of Approximately $28 Million

 


Orion Group Holdings, Inc. Announces Contract Awards of Approximately $28 Million

 

HOUSTON–(BUSINESS WIRE)–Nov. 30, 2021– 
Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced four contract awards for its Concrete segment totaling approximately 
$28 million.

The Company was recently awarded three contracts in the 
Dallas area, including a 
$3.8 million contract for a data center expansion, a 
$4.3 million contract for the construction of two cast-in-place retirement residential buildings, and a 
$5.6 million contract for a cold storage facility. All three projects are expected to commence in the first quarter of 2022 and be complete in the fourth quarter of 2022.

The Company also has been awarded a contract valued at 
$5.1 million to construct tilt-wall warehouses in its 
Houston market and a contract valued at 
$9.2 million to build a mixed-use office-retail-residential building. Work on both projects is expected to begin during the first quarter of 2022 and be completed by the first quarter of 2023.

“These awards continue to demonstrate our position as a leader for concrete construction projects in our key 
Texas markets,” said  Mark Stauffer, Orion’s President and Chief Executive Officer.

About Orion Group Holdings

Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental 
United States
Alaska
Canada and the 
Caribbean Basin through its marine segment and its concrete segment. The Company’s marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas. The Company is headquartered in 
Houston, Texas with regional offices throughout its operating areas.

Forward-Looking Statements

The matters discussed in this press release may constitute or include projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, the provisions of which the Company is availing itself. Certain forward-looking statements can be identified by the use of forward-looking terminology, such as ‘believes’, ‘expects’, ‘may’, ‘will’, ‘could’, ‘should’, ‘seeks’, ‘approximately’, ‘intends’, ‘plans’, ‘estimates’, or ‘anticipates’, or the negative thereof or other comparable terminology, or by discussions of strategy, plans, objectives, intentions, estimates, forecasts, outlook, assumptions, or goals. In particular, statements regarding future operations or results, including those set forth in this press release and any other statement, express or implied, concerning future operating results or the future generation of or ability to generate revenues, income, net income, profit, EBITDA, EBITDA margin, or cash flow, including to service debt, and including any estimates, forecasts or assumptions regarding future revenues or revenue growth, are forward-looking statements. Forward looking statements also include estimated project start date, anticipated revenues, and contract options which may or may not be awarded in the future. Forward looking statements involve risks, including those associated with the Company’s fixed price contracts that impacts profits, unforeseen productivity delays that may alter the final profitability of the contract, cancellation of the contract by the customer for unforeseen reasons, delays or decreases in funding by the customer, levels and predictability of government funding or other governmental budgetary constraints and any potential contract options which may or may not be awarded in the future, and are the sole discretion of award by the customer. Past performance is not necessarily an indicator of future results. In light of these and other uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that the Company’s plans, estimates, forecasts, goals, intentions, or objectives will be achieved or realized. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company assumes no obligation to update information contained in this press release whether as a result of new developments or otherwise.

Please refer to the Company’s Annual Report on Form 10-K, filed on 
March 2, 2021, which is available on its website at www.oriongroupholdingsinc.com or at the SEC’s website at www.sec.gov, for additional and more detailed discussion of risk factors that could cause actual results to differ materially from our current expectations, estimates or forecasts.

Orion Group Holdings Inc.
Francis Okoniewski, Vice President Investor Relations
(346) 616-4138
fokoniewski@orn.net
www.oriongroupholdingsinc.com

Source: 
Orion Group Holdings, Inc.

Flotek Announces Participation in Noble Capital Markets Virtual Road Show Series


Flotek Announces Participation in Noble Capital Markets Virtual Road Show Series

 

HOUSTONNov. 29, 2021 /PRNewswire/ — Flotek Industries, Inc. (NYSE: FTK) today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for December 1, 2021.

Join Flotek Industries CEO John W. Gibson, Jr for this exclusive fireside chat moderated by Noble Senior Research Analyst Michael Heim, featuring questions submitted by the audience.

The live broadcast of the virtual road show is scheduled for December 1, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Flotek Industries is available on Channelchek.

About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek’s Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its green chemistry technologies and JP3’s real-time data platforms. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit www.flotekind.com.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. channelchek.vercel.app email: contact@channelchek.vercel.app

SOURCE Flotek Industries, Inc.

There is More than Just a Covid Variant Weighing on Investors


Image Credit: Federal Reserve (Flickr)

What’s Going on With the Weakening of the Markets?

 

The Consumer Confidence report, ramped-up tapering, the Covid-19 Omicron variant, and debt ceiling issues have all combined to send the stock market and metals markets sharply lower. Investors and traders across many markets seem to be stepping back to assess what all the cross-currents could mean.


Consumer Confidence

U.S. consumers are feeling less confident about their situations than they have since the beginning of the year. The Consumer Conference Board released their November report showing that Consumer Confidence fell 2.1 points to 109.5. Primary drivers for the decrease were concerns about employment and income, rising prices, and to a lesser degree, persistent Covid-19.  


Yellen and Powell Testify

Fed Chair Powell and U.S. Treasury Secretary Yellen testified before the Senate today (November 30). They outlined their thoughts and responded to questions. In their testimony and in response to questions, Janet Yellen spoke of the need to raise the debt ceiling. She implored the Senate to raise the amount of debt permitted by the U.S. government. Yellen explained that failure to deal with the debt limit would “eviscerate” the economic recovery. The U.S. is expected to run out of money to pay its bills by mid-December without Congresses permission to borrow above the current ceiling.

The three major stock market indexes were in the red as the head of the U.S. Treasury and Chairman of the Federal Reserve began to testify. The markets then traded off sharply as the Fed made clear its intent to end the pandemic-era stimulus and indicated the possible need to speed up the process. “At this point, the economy is very strong and inflationary pressures are high, it is therefore appropriate in my view to consider wrapping up the taper of our asset purchases … perhaps a few months sooner,” said Fed Chair Jerome Powell.

Secretary Yellen addressed stablecoins, saying, “I believe that stablecoins can lead to some efficiency in the payments system…,” she later included, “but only if they’re adequately regulated.” The major cryptocurrencies began the day up two or three percent and later traded negative as the testimony shed more light on the Treasury’s intentions. Yellen agreed with Powell that the current economic recovery is strong. But she did have a stern warning for lawmakers. She warned that Congress must take action to address the debt limit by Dec. 15 or the country will not be able to pay its bills. A default on its debts would be the United States’ first in its history and could have a devastating effect on the global economy. “I cannot overstate how critical it is that Congress address this issue,” Yellen said. Putting it more bluntly, Yellen implored, “America must pay its bills on time and in full. If we do not, we will eviscerate our current recovery.”

Omicron was the wild card discussed before the Senate. She said the newly discovered variant could threaten the country’s economic recovery. Also on her list of possible threats were supply shortages and inflation risks.

 

Markets Reaction

With the news of the decline in Consumer Confidence, the unknowns surrounding Omicron, a faster tapering schedule, and even confirmation of more regulation coming for digital currency, the markets sold off. By 3 pm all the major stock indexes were down 1.6% or more, the gold price fell $7.70 or 0.43% an ounce level, Bitcoin dropped $515 or 0.89%, and crude, which has been moving on covid fears was down 4.86%.  Interestingly, despite the Fed’s declining bond purchase amounts, U.S. Treasuries rallied on the news that the Fed would be fighting inflation. The 10 Year U.S. Treasury Note rallied on the news, with its yield dropping to 1.44%.

 

Take-Away

The Fed is not likely to use the word “transitory” when discussing current inflation. Powell made it clear he intends to attack it while the economic recovery is strong. Yellen for her part wants to make sure the U.S. dollar doesn’t lose its standing in the world, which she says would happen if the debt ceiling is not raised soon. Consumers were also heard today, and they are not as confident as they have been since last Winter.

The latest variant of Covid-19 is making news and is just now being understood. Much will depend on the global reaction to this new threat.

Paul Hoffman

Managing Editor, Channelchek


Suggested Reading:



Dip Buying in 2021 Has Consistently Paid-Off, is it Different this Time?



Why Less Gradual Tapering from the Fed is Likely





What the Infrastructure Law Does for Investors



How Much is a Trillion?

 

Sources:

https://www.conference-board.org/data/consumerconfidence.cfm

https://www.prnewswire.com/news-releases/consumer-confidence-declined-in-november-301434044.html

https://www.youtube.com/watch?v=JJxqiyKIEW8

 

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Comtech Telecommunications Corp. Awarded $3.5 Million for Cyber Training


Comtech Telecommunications Corp. Awarded $3.5 Million for Cyber Training

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 30, 2021– 
November 30, 2021 — 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded 
$3.5 million for delivery orders under the five-year Indefinite Delivery Indefinite Quantity (“IDIQ”) contract renewal from the Federal Government for the Joint Cyber Analysis Course (“JCAC”) Training solutions. The IDIQ contract, which is valued at 
$125 million, has been funded 
$4.9 million to date.

“Comtech continues to provide cutting-edge cybersecurity training to the 
Department of Defense (“DoD”) warfighters,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “This award further validates our commitment to the 
U.S. government’s cybersecurity mission.”

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.

Orion Group Holdings, Inc. Announces Contract Awards of $16 Million

 


Orion Group Holdings, Inc. Announces Contract Awards of $16 Million

 

HOUSTON–(BUSINESS WIRE)–Nov. 30, 2021– 
Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”) a leading specialty construction company, today announced three contract awards for its Marine segment totaling approximately 
$16 million.

In 
Texas, the Company has been awarded a contract valued at 
$7.1 million by the 
U.S. Army Corps of Engineers for dredging in the Freeport Harbor Channel. Work is expected to begin in the first quarter of 2022 and to be completed in the second quarter of 2022. The Company has also been awarded a contract valued at 
$4.1 million by a local port for a pipeline removal project related to future expansion. Work on this project is expected to commence late in the fourth quarter of 2021 and be completed during the second quarter of 2022.

In 
Florida, the Company has been awarded a contract by a private sector client for the installation of a bulkhead wall for shore protection. This project is valued at 
$5.2 million and will commence in the first quarter of 2022 with the work completed in the second quarter of 2022.

“We’re pleased to announce these project awards, particularly the one in the private sector space,” said  Mark Stauffer, Orion’s President and Chief Executive Officer. “We continue to be disciplined in our bidding approach as we add work to our 2022 backlog.”

About Orion Group Holdings

Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental 
United States
Alaska
Canada and the 
Caribbean Basin through its marine segment and its concrete segment. The Company’s marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas. The Company is headquartered in 
Houston, Texas with regional offices throughout its operating areas.

Forward-Looking Statements

The matters discussed in this press release may constitute or include projections or other forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, the provisions of which the Company is availing itself. Certain forward-looking statements can be identified by the use of forward-looking terminology, such as ‘believes’, ‘expects’, ‘may’, ‘will’, ‘could’, ‘should’, ‘seeks’, ‘approximately’, ‘intends’, ‘plans’, ‘estimates’, or ‘anticipates’, or the negative thereof or other comparable terminology, or by discussions of strategy, plans, objectives, intentions, estimates, forecasts, outlook, assumptions, or goals. In particular, statements regarding future operations or results, including those set forth in this press release and any other statement, express or implied, concerning future operating results or the future generation of or ability to generate revenues, income, net income, profit, EBITDA, EBITDA margin, or cash flow, including to service debt, and including any estimates, forecasts or assumptions regarding future revenues or revenue growth, are forward-looking statements. Forward looking statements also include estimated project start date, anticipated revenues, and contract options which may or may not be awarded in the future. Forward looking statements involve risks, including those associated with the Company’s fixed price contracts that impacts profits, unforeseen productivity delays that may alter the final profitability of the contract, cancellation of the contract by the customer for unforeseen reasons, delays or decreases in funding by the customer, levels and predictability of government funding or other governmental budgetary constraints and any potential contract options which may or may not be awarded in the future, and are the sole discretion of award by the customer. Past performance is not necessarily an indicator of future results. In light of these and other uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that the Company’s plans, estimates, forecasts, goals, intentions, or objectives will be achieved or realized. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company assumes no obligation to update information contained in this press release whether as a result of new developments or otherwise.

Please refer to the Company’s Annual Report on Form 10-K, filed on 
March 2, 2021, which is available on its website at www.oriongroupholdingsinc.com or at the SEC’s website at www.sec.gov, for additional and more detailed discussion of risk factors that could cause actual results to differ materially from our current expectations, estimates or forecasts.

Orion Group Holdings Inc.
Francis Okoniewski, Vice President Investor Relations
(346) 616-4138
fokoniewski@orn.net
www.oriongroupholdingsinc.com

Source: 
Orion Group Holdings, Inc.

Release – Esports Entertainment Group’s ggCircuit Launches New Product: OMEGA

 


Esports Entertainment Group’s ggCircuit Launches New Product: OMEGA

Research, News, and Market Data on eSports Entertainment Group

Hoboken, New Jersey–(Newsfile Corp. – November 30, 2021) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the “Company”) and their ggCircuit brand today announced OMEGA, a new revolutionary product offering for B2B customers.

OMEGA (“Online Multiplayer Esports Gaming Attraction”) is the Company’s latest turnkey solution that enables businesses such as movie theaters, malls and family entertainment centers to add esports and other gaming options as an additional revenue stream. OMEGA uses an arcade model system to deliver a guided user experience, allowing users to seamlessly pay on-screen through a QR code or through the business’ existing POS system.

“OMEGA is a unique ground-breaking opportunity to attract gamers with a very compact and convenient setup that resembles an esports arena,” says Magnus Leppäniemi, President of Esports at Esports Entertainment Group. “We recently showcased OMEGA’s capabilities at the International Association of Amusement Parks and Attractions Conference and the East Coast Gaming Congress in New Jersey and received positive feedback from a wide variety of operators. We were extremely pleased by the reception for OMEGA and our team is excited to officially debut the solution today.”

Gamers will travel on a journey to save mankind from a futuristic control system. Grouped in teams across six or 12 stations, players will be tasked with missions and quests to compete in games such as Valorant and League of Legends. Participants will be rewarded with credits based on their performance that can be used to redeem digital prizes.

“OMEGA is simple and does not require previous esports experience or knowledge to operate. It is a great fit for a variety of businesses,” says Zack Johnson, General Manager of ggCircuit. “The user journey is something new and distinctive that will give gamers an immersive experience, linking a storyline within their favorite games like Fortnite and Apex Legends.”

About Esports Entertainment Group

Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/FIFA teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Media Inquiries
brandon.apter@esportsentertainmentgroup.com

Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com

JCIR
Joseph Jaffoni, James Leahy, Norberto Aja
212-835-8500

gmbl@jcir.com

Comtech Telecommunications Corp. Awarded 5G Contract with Canadian Tier-One Carrier


Comtech Telecommunications Corp. Awarded 5G Contract with Canadian Tier-One Carrier

 

MELVILLE, N.Y.–(BUSINESS WIRE)–Nov. 30, 2021– 
November 30, 2021— 
Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a contract to provide Gateway Mobile Location Center and Location Management Function solutions which enable new positioning technologies for a Canadian tier-one mobile network operator’s 5G network.

“5G is the next generation of telecom infrastructure,” said  Fred Kornberg, Chairman of the Board and Chief Executive Officer of 
Comtech Telecommunications Corp. “Comtech’s 5G innovations will bring more and faster services to this Canadian carrier. We are proud to be at the forefront of this pioneering technology.”

The contract was awarded to Comtech’s Trusted Location group, a leading provider of precise device location, mapping and messaging solutions for public safety, mobile network operators, and enterprise solutions. Sold around the world to mobile network operators, government agencies, and Fortune 100 enterprises, our platforms locate, map, track and message. For more information, visit www.comtechlocation.com.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in 
Melville, New York and with a passion for customer success, 
Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s 
Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such 
Securities and Exchange Commission filings.

Comtech Investor Relations:
631-962-7005
investors@comtech.com

Source: 
Comtech Telecommunications Corp.