Author: News Direct

–News Direct–

By James Blacker, Benzinga

The world is on the cusp of a new era of more sustainable and efficient transportation with the advent of electric Vertical Take-Off and Landing (eVTOL) aircraft. These potentially revolutionary vehicles are designed to take off and land vertically, making them ideal for congested urban environments and remote areas where runway space is limited. They have a long list of use cases, from faster medical service to global crisis relief.

The global advanced air mobility market, estimated at $8.15 billion in 2022, is projected to expand at a compound annual growth rate of 24.6% from 2023 to 2035, driven by advancements in electrical propulsion systems and demand for faster, more efficient transportation.

New Horizon Aircraft: A Differentiated eVTOL Product

Among the companies developing eVTOL technology is New Horizon Aircraft Ltd. (NASDAQ: HOVR). Its prototype, the Cavorite X7, is a hybrid electric eVTOL that features a patented wing system allowing it to convert to a conventional airplane configuration after taking off vertically.

The company claims it can, therefore, go faster, farther, and carry more useful load than other eVTOL aircraft, such as those developed by Lilium (NASDAQ: LILM), Archer Aviation (NYSE: ACHR), Joby Aviation (NYSE: JOBY), and EHang Holdings (NASDAQ: EH).

The Cavorite X7 also differs from its competitors in that it uses a hybrid electric main power system allowing it to recharge its battery array in flight and after landing.

Technical Milestones

In a recent press release, Horizon announced a number of promising technical updates on the development of its prototype, notably including the validation of its patent-pending yaw control system. This system is a crucial component of Horizons patented HOVR Wing tech, enabling the Cavorite X7 to remain stable even in strong crosswinds. It offers a smoother and more comfortable ride for passengers while improving control for pilots.

Another significant announcement is the start of production and testing of the aircrafts core vertical lifting fan technology. This milestone was reached thanks to the completion of the detailed design and aerodynamic analysis.

The scale prototype of the Cavorite X7 is currently undergoing a rigorous flight-testing program, with important transition flight tests on schedule to be completed by mid-summer where the aircraft will complete the transition from hover to full wing-borne flight something few companies in this space have achieved. Horizon stated that the aircraft is demonstrating stability and control as expected.

Over the past several months, Horizon has made incredible progress. I am continually amazed with the technical aptitude of our team as it clears one engineering hurdle after another. The transition flight testing program has taken significant strides forward, with the aircraft demonstrating impressive stability and control all the way from hover to approaching transition speed, said Horizon Chairman and CEO Brandon Robinson.

Horizons unique hybrid eVTOL architecture sets it apart from its all-electric competitors, making the company one to keep an eye on in this space.

Learn more about the company here.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

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Benzinga

COMTEX_453161529/2655/2024-05-31T08:32:41

–News Direct–

BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share the company's financial and operational results for the first quarter of 2024. The company reported significant revenue growth in Q1 2024, with revenues increasing by 147% to $5.34 million, compared to $2.2 million in the same period of the previous financial year. This also represents an 18% increase from the preceding Q4 2023. Previous guidance for Q1 2024 was $5.2-5.3 million. This impressive performance was driven by continued strong sales of VINIA, which fueled revenue growth in the Products division.

Sobel highlighted that gross margins in Q1 2024 improved to 56%, compared to 37% in the same period of the prior financial year. In the U.S., total subscribers increased by 122%, while marketing and sales expenditures rose by only 39% compared to the same period in the previous year. This indicates a highly efficient growth strategy that has maximized subscriber acquisition without a proportional increase in spending.

Management has set optimistic expectations for Q2 2024, projecting revenues in the range of $5.7 to $6.0 million. The company also anticipates reaching EBITDA break-even in the second half of 2024. This financial milestone is expected to be supported by the launch of a new Contract Development and Manufacturing Organization (CDMO) business unit. This unit has already signed two significant contracts: one to develop patentable, plant-based molecules for a Nasdaq-listed pharmaceutical company, and another for a leader in the nutrition and ingredients industry.

Furthermore, BioHarvest Sciences is on track to uplist to the Nasdaq exchange in the second half of 2024. This strategic move is expected to enhance the company's visibility and attract a broader base of investors, providing further growth opportunities.

Sobel expressed confidence in the company's direction and highlighted the importance of the new CDMO unit in diversifying BioHarvest Sciences' revenue streams. The development of plant-based molecules aligns with the company's commitment to innovation and sustainability, positioning it at the forefront of the biotech industry.

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Proactive North America

+1 604-688-8158

NA-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/bioharvest-sciences-reports-robust-q1-2024-financial-growth-and-strategic-expansion-plans-690540132

BioHarvest Sciences Inc

COMTEX_453161271/2655/2024-05-31T08:24:42

–News Direct–

By Kyle Anthony, Benzinga

Bitcoins recent surge in value, a topic that has caught the attention of both investors and casual observers, might have left some wondering if they missed out on a golden opportunity. In truth, the cyclicality of Bitcoins price will likely always leave room for individuals to enter at a reasonable price point and benefit from the appreciation that occurs. Below, we expound on the market dynamics that influence Bitcoins price and recent developments that catalyzed the price surge.

Factors Influencing Bitcoins Price

Though Bitcoin is a digital currency, the economic fundamentals of supply and demand still influence its pricing. Given that the underlying protocol/coding for Bitcoin limits its supply to 21 million coins, fluctuations in demand can lead to price volatility. Additionally, factors such as investor interest, adoption rates and macroeconomic conditions affect demand, while mining difficulty adjustments affect the rate of new supply entering the market.

A seminal factor influencing Bitcoins price is Bitcoin Halving, which occurs every four years; the last one occurred on April 19th, 2024. In simple terms, Bitcoin Halving reduces the rate at which new coins are created. Thus, it is self-induced scarcity written into Bitcoins code. The rationale for these quadrennial halving events is to reduce the supply of Bitcoin entering circulation, thus allowing existing coins to keep their value (i.e., avoid inflation).

Finally, the mass adoption and securitization of Bitcoin are also influential pricing factors. After rejecting them for almost a decade, the U.S. Securities and Exchange Commission recently approved spot Bitcoin ETFs, which resulted in several financial companies like BlackRock (NYSE: BLK) launching these solutions. Outside of the U.S., markets such as Hong Kong are launching Bitcoin ETFs with great fervor, as there is growing investor demand for these asset types. The securitization of Bitcoin and the usage of these instruments by retail and institutional investors is a growing factor influencing Bitcoins price.

Bitcoins Cyclicality

The Bitcoin market cycle refers to the recurring pattern of price behavior in the Bitcoin market, characterized by alternating periods of appreciation and depreciation. During these periods, there are various phases that investors and individuals should take note of, as they can be a gauge as to where the Bitcoin price is heading.

Phase 1: Accumulation

This occurs when prices are low but small signs of growth appear. During this phase, buyers will accumulate cheaper Bitcoin, representing the point of maximal financial opportunity. Typically, there is bearish sentiment in the market, so volume is low, and prices fluctuate in a tight range near the bottom.

Phase 2: Continuation

Phase 2 occurs as the price continues moving towards an all-time high. A halving event has historically occurred here, coinciding with shrinking exchange reserves as buyers hoover up supply to capture rising prices in anticipation of new all-time highs.

Phase 3: Parabolic

When the price eclipses the previous all-time high, price action will start to move exponentially to the upside pushing the price to a new all-time high, which has exceeded the previous landmark by a significant factor. This phase is extremely volatile, with rapid price increases followed by large corrections.

Sell volume builds as some investors lock in healthy profits, even as many market participants continue buying, believing the bull market has more room to run. As a result, price volatility is low, given that buy and sell volumes begin to balance against a backdrop of overconfidence.

Phase 4: Correction

Following the Parabolic phase, the market may see a major correction to the downside. Previous bear market periods have resulted in approximately 80% drawdowns from the top and negative price action for approximately a year.

Historical Bitcoin Events

Over the years, various market events have influenced Bitcoins price. Over the recent decade, the following events have had a material impact on Bitcoins price:

Silk Road shutdown (2013): In October 2013, the FBI seized the Silk Road, an online marketplace notorious for facilitating illegal Bitcoin transactions. The closure of Silk Road removed a significant source of demand for Bitcoin, leading to a short-term price decline amid regulatory uncertainty and negative media coverage.

Bitcoin's first bull run (2013): In late 2013, Bitcoin experienced its first major price rally, soaring to an all-time high of over $1,000 per coin from just $11 per coin in August 2011. This surge in price was fueled by growing mainstream awareness, media attention, speculative trading activity and favorable regulatory developments in some jurisdictions.

China bans Bitcoin exchanges (2017): In September 2017, China announced a ban on crypto exchanges and initial coin offerings (ICOs), triggering a significant sell-off in the market. China's regulatory crackdown and concerns over ICO scams and market manipulation contributed to a decline in Bitcoin's price.

Bitcoin's bull run and institutional adoption (2020-2021): Bitcoin experienced a remarkable bull run starting in late 2020 and continuing into 2021, reaching new all-time highs above $60,000 per coin. This rally was driven by a confluence of factors, including increasing institutional adoption with several fintech giants coming on board, corporate treasury investments and growing mainstream acceptance of Bitcoin as a store of value and hedge against inflation.

Tesla's (NASDAQ: TSLA) Bitcoin investment (2021): In February 2021, Tesla announced that it had purchased $1.5 billion worth of Bitcoin and would accept the cryptocurrency as payment for its products. This endorsement from one of the world's most prominent companies further bolstered Bitcoin's legitimacy as an institutional-grade asset, leading to a surge in price.

Bitcoin ETF Launch (2024): In 2024, the long-anticipated launch of spot Bitcoin Exchange-Traded Funds (ETFs) marked a milestone in mainstream cryptocurrency adoption. Following regulatory approvals and growing investor demand for accessible Bitcoin investment vehicles, several financial institutions introduced Bitcoin ETFs, allowing investors to gain exposure to digital assets through traditional brokerage accounts. The introduction of Bitcoin ETFs provided retail and institutional investors with a convenient and regulated means to invest in Bitcoin, further legitimizing its status as an asset class.

Keeping An Eye On The Future Of Bitcoin

While the recent run-up in Bitcoins price may have left many individuals pondering whether they missed a golden opportunity, they can take solace in knowing that such an opportunity may arise again in the future.

For individuals who want to remain abreast of the latest Bitcoin and cryptocurrency developments, Caleb & Brown, the worlds leading cryptocurrency brokerage, offers the latest information about what's happening within the cryptocurrency landscape.

Visit their website here to learn more and stay prepared to capitalize on opportunities.

Featured photo by Andr Franois McKenzie on Unsplash.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

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Benzinga

COMTEX_453161270/2655/2024-05-31T08:24:40

–News Direct–

The industry of vertical farming is currently experiencing an unparalleled upswing, propelled by the mounting call for sustainable farming methods and the imperative to tackle issues related to food security. North America stands at the forefront of this growth, commanding close to 40% of the global market share. With a compound annual growth rate of 25.5% forecasted for the rest of the decade, the vertical farming market in North America presents significant opportunities for companies to thrive and innovate within this rapidly expanding sector.

One company well-positioned to seize the opportunities presented by this surge is Nature's Miracle (NASDAQ: NMHI). With its focus on vertical farming technology and infrastructure, Nature's Miracle is actively involved in shaping the trajectory of this rapidly growing industry.

Market Debut

On March 11, 2024, Nature's Miracle (NASDAQ: NMHI) completed a significant business combination with Lakeshore Acquisition II Corp., a special purpose acquisition company (SPAC). This merger marked the beginning of a new chapter for Nature's Miracle, with its securities starting to trade under the ticker symbol NMHI on the Nasdaq Global Market the following day. This event was celebrated with a ceremonial closing bell ringing at the Nasdaq Stock Market studio in Times Square, signifying the company's entry into the public market and the commencement of its new corporate identity.

James Li, Chairman and Chief Executive Officer of NMHI, commented on this milestone, stating, The successful closing of our business combination with Lakeshore marks a significant achievement for Natures Miracle. This new beginning on the Nasdaq Global Market under the NMHI ticker symbol is a testament to our commitment to growth and innovation in the vertical farming industry.

Partnerships

Nature's Miracle has distinguished itself through its advanced vertical farming technology. The company offers a variety of products, including grow lights, hydroponic systems, and modular container farms branded as "MiracleTainer." These products are designed to optimize environmental conditions and increase production yields, making them highly appealing to indoor growers across North America.

On March 20, 2024, Nature's Miracle announced a Memorandum of Understanding (MOU) with Future Tech Inc. (FTC), an Ohio-based financial technology, data systems, and energy integrator company with access to 100 MW of electricity in Ohio. This partnership aims to integrate vertical farming facilities with AI computing data centers. James Li highlighted the significance of this collaboration: A deal with FTC allows our company to partner with AI Computing Data Center providers to co-locate vertical farming facilities in places where there is favorable electricity supply. We should also be able to tap into the indoor growing markets in Ohio, Illinois, and Michigan.

Nature's Miracle's Venture into Bitcoin Mining

NMHI announced its participation in the bitcoin industry's annual BITMAIN World Digital Mining Summit (WDMS) 2024, scheduled for June 1618, 2024, at the Fontainebleau Las Vegas. James Li, Chairman and Chief Executive Officer of Nature's Miracle, will be a keynote speaker at the WDMS on June 18, 2024, exploring the topic of "Co-location bitcoin mining with vertical farming: capturing the residual heat and carbon emission". In running parallel vertical farms and digital mining operations, Nature's Miracle aims to benefit significantly from the excess heat and CO2 emissions generated by these digital mining and data centers.

Efinity Brand Smart Dehumidifier

Nature's Miracle Holdings Inc. (NASDAQ: NMHI) continues to innovate in the vertical farming industry. One notable development is the recent announcement of its Efinity brand smart dehumidifier. This product further solidifies Nature's Miracle's position as a leader in providing advanced technology and solutions for indoor agriculture This product marks Nature's Miracle as one of only three companies in the U.S. to offer a dehumidifier specifically designed for the indoor growing market.

The efinity dehumidifier is available in two models: the 345-pint-per-day SJD-07EG and the 506-pint-per-day SJD-10EG. Both models adhere to the stringent R-32 environmentally friendly standards, which reduce the use of hydrofluorocarbons (HFCs) and lower the global warming potential (GWP). These features make the efinity dehumidifier a critical addition to Nature's Miracle's product lineup, complementing its existing efinity LED lighting business and creating cross-sell opportunities.

James Li emphasized the importance of the efinity dehumidifier in enhancing the company's revenue and market position: The addition of the efinity dehumidifier will enhance both our topline growth and margin expansion. In addition, Natures Miracle can offer a full range of indoor growing products, including the industry-leading efinity grow light, MiracleTainer container farm system, efinity dehumidifier, and growing mediums including Dutch coco and Dutch wool. With indoor farming continuing on its upward trajectory, Natures Miracle will continue to enhance its position as a one-stop shopping provider of technology, products, and solutions for the industry.

The global dehumidifier market is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030, presenting a substantial opportunity for NMHI to capitalize on its new product offering. The company anticipates that the efinity dehumidifier will generate over $20 million in annual revenue, tapping into the $500 million industrial dehumidifier market in the U.S.

Future Prospects

NMHIs strategic approach and innovative technology position it well for continued growth. The companys portfolio, which includes grow lights, hydroponic systems, and modular container farms, is designed to meet the diverse needs of the indoor growing industry. The company's recent MOU with Future Tech Inc. and the launch of the efinity dehumidifier underscore its commitment to expanding its market presence and product offerings.

Furthermore, NMHI has been proactive in exploring new opportunities and partnerships. On April 25, 2024, the company announced the successful manufacturing and shipment of its first two customized container farms in its proprietary "MiracleTainer" series to Growterra, LLC, an Ohio-based vertical farming company. These modular indoor farming containers are equipped to monitor and optimize environmental conditions such as temperature, humidity, and nutrient levels to increase production yields over traditional farming methods.

Nature's Miracle Holding Inc. (NASDAQ: NMHI) has shown remarkable growth and innovation in the vertical farming industry. From its business combination with Lakeshore Acquisition II Corp. to the launch of its efinity brand smart dehumidifier, the company continues to lead the way in providing advanced technology and solutions for indoor agriculture. With a strong management team and a robust product portfolio, Nature's Miracle is well-positioned to enhance its market share and drive the future of indoor farming.

Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of content related to NMHI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.

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Mark McKelvie

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View source version on newsdirect.com: https://newsdirect.com/news/natures-miracle-nasdaq-nmhi-innovating-vertical-farming-for-sustainable-agriculture-635257981

RazorPitch NMHI

COMTEX_453157037/2655/2024-05-31T06:00:16

–News Direct–

As climate change exacerbates drought conditions globally, the urgency to address water scarcity grows. Innovative solutions are imperative to ensure consistent access to clean water. Cadiz, Inc. (NASDAQ: CDZI) sets itself up as a pioneering force in water solutions. Established in 1983, Cadiz is dedicated to providing access to clean, reliable, and affordable water through a comprehensive range of solutions encompassing water supply, storage, pipelines, and treatment technologies.

Cadiz is a totally different company compared to the Cadiz of 20 years ago. Through acquisitions and the deployment of cutting-edge innovations, Cadiz is positioning itself as a leader in addressing the multifaceted challenges posed by climate change to water access and could be a smart stock to keep an eye on.

With a robust portfolio comprising 45,000 acres of land in California, 2.5 million acre-feet of water supply, and 220 miles of pipeline assets, Cadiz, Inc. (NASDAQ: CDZI) is well-positioned to address the evolving needs of the water treatment systems market.

Cadiz's Vision and Leadership

At the beginning of this year, the company announced Susan Kennedy's transition from Executive Chair of the Board to CEO. This leadership transition signals Cadiz's focus on scaling up development and operational capabilities to meet the evolving needs of the water treatment market. Kennedy's appointment, along with Scott Slater's continued advisory role, reflects Cadiz's dedication to strong leadership and operational excellence.

Further exemplifying the CDZI approach is its collaboration with Fenner Gap Mutual Water Company and the Victor Valley Wastewater Reclamation Authority. This partnership aims to develop integrated water infrastructure in San Bernardino County's Mojave Basin region, leveraging recycled water from wastewater treatment plants and pipeline facilities to enhance water supply efficiency and groundwater quality. By fostering innovative partnerships, Cadiz is driving sustainable water management practices and contributing to the resilience of local communities.

Securing Investments and Financial Stability

On March 15, 2024, CDZI secured a financing agreement totaling $41.2 million with Heerema International Group Services BV, extending its debt maturity to 2027. This agreement provides Cadiz with additional liquidity to accelerate the development of water supply, pipeline, filtration, and storage assets, positioning the company for sustained growth and value creation in the water solutions market.

Furthermore, the accomplishment of a financing transaction by Heerema International Group Services SA on April 25, 2024, by Cadiz Inc. strengthened the company's position and supplied liquidity to support the development of water supply projects in Southern California.

Partnering for Impact

CDZIs recent partnership with Solstra Communities California underscores its commitment to driving sustainable development and addressing California's urgent housing needs. Through this agreement, CDZI will deliver water from the Cadiz Water Supply and Storage Project to support the development of sustainable housing units, contributing to the creation of vibrant, resilient communities. By partnering with Solstra, Cadiz is demonstrating its commitment to leveraging water resources to drive positive social and environmental impacts.

Cascade Groundwater Alliance Treatment Project

In a significant development last month, Cadiz's subsidiary, ATEC Water Systems, won a $5.2 million contract to supply water treatment filtration systems for the Cascade Groundwater Alliance treatment project in Gresham, Oregon. This project underscores ATEC's rapid growth and expertise in addressing groundwater contamination. The contract involves manufacturing 140 filters to remove manganese from local groundwater, with delivery expected over the next 12 months.

Cadiz, Inc. Update Following B. Riley Securities 24th Annual Institutional Investor Conference

On May 30, Cadiz, Inc. (NASDAQ: CDZI) shared insights following its participation in the B. Riley Securities 24th Annual Institutional Investor Conference. In her address, Chairman and CEO Susan Kennedy discussed the company's strategic direction and highlighted key milestones.

Firm Contracts for Water Supply

A pivotal achievement for Cadiz this year has been securing firm contracts for water supply. These agreements encompass partnerships with two investor-owned utilities, one public water system, and one housing developer, collectively representing over 16,000 acre-feet per year or 65% of the capacity of the Northern Pipeline. Kennedy emphasized, "Having firm contracts in place for water supply is key to project financing, which will enable the company to finalize development and move into the construction stage."

Groundwater Storage Project

Regarding the groundwater storage project, Kennedy explained, "Water banking at Cadiz would be offered to the market the same way leasing an apartment unit in an apartment complex would work. Agencies with water supply to store during wet years would lease space in our aquifer and pay wheeling rates to use our pipelines to move water in and out of storage during dry years." The estimated cumulative total gross payments for water storage over the 50-year life of their permit is approximately $1.5 billion.

Project Financing and Development

Addressing the funding strategy, Kennedy outlined plans to pursue financing structures that move project development and capital costs off the balance sheet. She elaborated on the potential formation of a Master Limited Partnership (MLP), stating, "Our objective is to pursue financing structures that allow us to move project development and capital costs off balance sheet and reduce debt and interest costs on the Company's financial statements."

Long-Term Vision

In terms of the company's long-term vision, Kennedy expressed her aspiration for Cadiz to operate the largest water trading bank in the Southwestern United States. Kennedy underscored Cadiz's commitment to leading the repurposing of fossil fuel pipelines for water conveyance and serving as a model for improving global water access.

Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Awareness Consulting to assist in the production and distribution of content related to CDZI. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content.

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Mark McKelvie

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View source version on newsdirect.com: https://newsdirect.com/news/cadiz-inc-nasdaq-cdzi-water-solutions-for-a-sustainable-future-581454034

CDZI

COMTEX_453154348/2655/2024-05-31T05:04:07

–News Direct–

Cure Alzheimers Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimers disease, has announced the recipients of the inaugural Jeffrey L. Morby Prize. Senior author David M. Holtzman, M.D., and first author Xiaoying Chen, Ph.D., both of Washington University School of Medicine in St. Louis, were selected by their peers for their paper Microglia-Mediated T Cell Infiltration Drives Neurodegeneration in Tauopathy, published in Nature in March 2023.

The Morby Prize is named in honor of the late Co-Founder of Cure Alzheimers Fund, Jeffrey L. Morby, who inspired the nonprofits mission 20 years ago to fund research as a path to ending Alzheimers disease. Mr. Morby passed away in September 2023.

Established this year, the Morby prize will be awarded annually to the senior and first authors of a recent scientific publication that transforms the fundamental understanding of Alzheimers disease and opens new paths to translate scientific results into effective ways to prevent, diagnose or treat the disease. This years award included $200,000 for the senior authors lab for Alzheimers disease-related research.

Recognizing researchers for a paper selected by peer scientists for breakthrough thinking and benefit to the Alzheimers community befits Jeffs wonderful legacy of empowering scientists to achieve rigorous and innovative science, said Meg Smith, CEO of Cure Alzheimers Fund. The many extraordinary CureAlz-funded projects that resulted in published papers in 2022 and 2023 made the competition for this award fierce, and the endorsement of this paper by their peers speaks to the importance of the work of Drs. Holtzman and Chen and their co-authors. Their compelling data challenge the old paradigm that the adaptive immune system has little role in neurodegenerative disease, and by doing so opens new avenues to explore for effective intervention in Alzheimers disease.

Added Dr. Holtzman: Both Xiaoying Chen and I and our many outstanding co-authors are very honored to receive recognition for the work in our recently published paper. There remain many unanswered questions about the exact role of the adaptive immune response in the pathogenesis of Alzheimers disease. I think this work along with work from others in the field is pushing us to understand how important adaptive immunity is in Alzheimers disease and other tauopathies, as well as whether targeting it will ultimately be therapeutically beneficial to people.

About The Holtzman Lab

David M. Holtzman, Ph.D. is a neurologist and neuroscientist who has focused much of his efforts over the past 30 years on trying to better understand mechanisms underlying neurodegeneration, particularly as they are relevant to Alzheimers disease (AD). Xiaoying Chen, Ph.D., was a postdoc research associate in the Holtzman Lab and is first author of the winning paper. The Holtzman Lab at Washington University School of Medicine in St. Louis has published extensively on the neurobiology of apoE as it relates to the innate immune system and how apoE and other factors such as neuronal activity and sleep influence A and tau metabolism, their accumulation, and their effects in the brain. For more information, visit HoltzmanLab.Wustl.edu.

About Cure Alzheimer's Fund

Cure Alzheimers Fund is a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimers disease. Since its founding in 2004, Cure Alzheimers Fund has provided 848 grants to more than 300 of the worlds leading researchers and contributed $202 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimers disease. Cure Alzheimers Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees and a core group of other donors direct their donations to CureAlz overhead expenses so that 100% of general donations go to our research program. For more information, visit CureAlz.org. To learn about the impact of Alzheimers on women and women working toward a cure, visit WomenandAlzheimers.org.

Contact Details

Barbara Chambers

+1 978-417-9890

BChambers@CureAlz.org

Company Website

https://curealz.org

View source version on newsdirect.com: https://newsdirect.com/news/cure-alzheimers-fund-presents-the-jeffrey-l-morby-prize-for-exceptional-research-130226209

Alzheimers Disease Research Foundation

COMTEX_453104858/2655/2024-05-30T06:04:54

–News Direct–

Digital Lifestyle Expert Mario Armstrong and InTheNews.TV teamed up with a few brands to help with gift ideas for Dads and Grads! Including: for innovators, the HP OMEN Transcend 14 Gaming Laptop with the HyperX Cloud III Wireless Gaming Headset; the HP All-In Plan for easy printing; the PayPal App to earn rewards on gift purchases; and the LEGO Technic McLaren Formula 1 race car for the creative dad or grad. Visit IntheNews.tv.

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News Media Group

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Company Website

https://newsmg.com/

View original content to download multimedia: https://newsdirect.com/news/dads-and-grads-gift-ideas-219667652

News Media Group, Inc.

COMTEX_453126043/2655/2024-05-30T15:10:18

–News Direct–

Safety is critical in the fleet industry, and NAFA Fleet Management Association (NAFA), the vehicle fleet industrys largest membership association, is dedicated to advancing safety standards across the board. In support of this commitment, NAFA is hosting its second annual Fleet Safety Symposium, "Enhancing Fleet Safety: An Interactive Fleet Safety Event," from June 24-26 at Oakton Community College in Chicago, IL.

The Fleet Safety Symposium is a cornerstone of NAFAs commitment to promoting safety in fleet management. This event is designed to provide our members with practical strategies and tools to implement effective safety practices within their operations, said Bill Schankel, CAE, CEO of NAFA. We look forward to seeing the collaborative efforts of our participants as they work together to enhance safety standards across the industry.

Building on last years success, this years symposium introduces new, cutting-edge content aimed at addressing the evolving challenges in fleet operations. Participants will engage in interactive sessions focused on enhancing safety awareness, mitigating risks and fostering a culture of safety excellence.

Jerry Curl, Chief Operating Officer at G&D Trucking Inc./Hoffman Transportation LLC, will help lead the symposium, guiding attendees through the event and driving insightful discussions.

Fleet Safety Symposium Highlights and Key Features:

• Interactive Sessions: Engage in dynamic discussions designed to enhance safety awareness and mitigate risks.

• Trip Up the Expert Session: Challenge industry experts to uncover blind spots and develop innovative solutions to safety challenges.

• Expert-Led Discussions: Participate in thought-provoking conversations and real-world case studies.

• Hands-On Activities and Group Exercises: Experience practical training that fosters a proactive approach to safety management.

• Focus Areas:

  • Safety Planning

  • Safety Culture

  • Safety Tools and Technologies

  • Safety Policy Implementation

This event will provide attendees with the tools, strategies and insights needed to drive positive change within their fleet operations, ensuring the safety and well-being of drivers, vehicles and communities.

For more information and to register, please visit https://www.nafa.org/events/fleetsafetysymposium/

NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFAs members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFAs members control assets and services well above $122 billion each year.For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X.

Contact Details

Keaveny Hewitt

+1 919-622-5276

khewitt@onwrdupwrd.com

Company Website

https://www.nafa.org/

View source version on newsdirect.com: https://newsdirect.com/news/nafas-second-annual-fleet-safety-symposium-uniting-fleet-professionals-for-safer-roads-466961927

NAFA Fleet Management Association

COMTEX_453125419/2655/2024-05-30T14:54:15

–News Direct–

Cerro De Pasco Resources CEO Guy Goulet joined Steve Darling from Proactive to share significant news about the companys progress. Cerro De Pasco Resources has been granted a long-awaited Land Easement via Supreme Resolution, which provides access to the surface areas corresponding to its wholly owned El Metalurgista Concession and Quiulacocha Tailings Project. This easement marks a major milestone for the company as it allows for the commencement of a comprehensive exploration drilling campaign.

Goulet explained that the Supreme Resolution resolves a longstanding deadlock with the state-owned Activos Mineros SAC, enforcing Cerro De Pasco Resources' legitimate rights as the holder of the El Metalurgista Concession. This resolution enables the company to explore and eventually exploit the QT Project. The Government's decision, following concerted action led by the Ministry of Energy and Mines and a rigorous approval process, signifies the start of full-scale project operations in Cerro de Pasco. Land easements of this nature have only been granted a few times in Peru's history, underscoring the importance and rarity of this achievement.

The company has demonstrated full compliance with all requirements to gain access to the El Metalurgista area and is set to begin drilling during the forthcoming Andean dry season, starting in June. Cerro De Pasco Resources plans to complete a 40-hole drilling program, initiating the first phase of the QT Project in the coming months, coinciding with the dry season in the Peruvian Andes.

This extensive drilling program will include geophysical studies, laboratory testing, mineralogy testing, resource estimation, and economic assessment. The objective is to compile a comprehensive 43-101 resource report, providing detailed insights into the project's potential.

Goulet emphasized that this land easement is a crucial step forward for Cerro De Pasco Resources. It not only facilitates immediate exploration activities but also sets the stage for long-term project development. The company is committed to leveraging this opportunity to fully explore the QT Project, which holds significant promise for future mining operations.

Contact Details

Proactive North America

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/cerro-de-pasco-resources-granted-land-easement-for-major-exploration-campaign-371310269

Cerro de Pasco Resources Inc

COMTEX_453125248/2655/2024-05-30T14:46:16

–News Direct–

Latrobe Magnesium Ltd (ASX: LMG) chief operating officer Ronan Gillen sits down with Jonathan Jackson in the Proactive studio to discuss the firm commitments received to raise A$12 million from new and existing institutional and professional investors via an institutional placement, alongside a proposed fully underwritten, non-renounceable entitlement offer to raise A$6 million. Funds will be utilised for the final structural works and commissioning of the Demonstration Plant, final engineering for steady-state production of 1,000 tonnes per annum magnesium metal and ongoing R&D in partnership with CSIRO. The offer received strong support from LMGs directors and management, who subscribed for A$650,000 of shares. Gillen expressed satisfaction with the support, noting the demand from both domestic and international markets. He highlighted the significance of LMG being the first to produce magnesium from brown coal fly ash and the positive macroeconomic outlook for magnesium. The raised funds will support the Demonstration Plant in producing magnesium metal and saleable by-products, showcasing the commercial viability of their full flowsheet. LMG is also advancing plans for a 10,000 tonnes per annum Commercial Plant, with a bankable feasibility study set to begin shortly and inform a Final Investment Decision by the end of the year. The placement offers an opportunity to diversify the shareholder register ahead of significant company growth.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/latrobe-magnesium-raises-18-million-for-demonstration-plant-and-future-expansion-956194893

LATROBE MAGNESIUM LIMITED

COMTEX_453125066/2655/2024-05-30T14:38:12