MissionIRNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces More than $3M in Orders from European Governments

 SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, is announcing the receipt of orders from European governments. The orders, valued at over $3 million, are expected to be delivered by the end of Q3 2024. “We are pleased to continue our collaboration with European governments through our innovative public safety products and solutions. These additional orders, coming shortly after $5 million new orders received less than two months ago from European governments, underscore the excellence of our technology and the trust our clients place in SuperCom,” said Ordan Trabelsi, President and CEO of SuperCom.

To view the full press release, visit https://ibn.fm/OQ9Ld

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, and electronic monitoring. For more information about the company, visit www.SuperCom.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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www.MissionIR.com
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Editor@MissionIR.com

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D-Wave Quantum Inc. (NYSE: QBTS) Featured in Wall Street Journal Article About Tackling Real-World Optimization Problems with Quantum

 

• The article titled “Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection” showcases how recent technological advances make it possible for businesses and researchers to explore quantum computing for practical use cases
• D-Wave’s quantum computer is well-suited to optimize complex tasks, from managing cargo movement at our nation’s ports to planning promotional tours and even grocery delivery routes
• D-Wave is the only company commercially offering annealing quantum computing

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, recently announced that it has been featured in a Wall Street Journal article on quantum computing, highlighting its technology’s strength in tackling real-world optimization problems. The article, titled “Quantum Computing Gets Real: It Could Even Shorten Your Airport Connection,” showcases how recent technological advances are making it possible for businesses and researchers to explore quantum computing for practical use cases (https://ibn.fm/1kW0J).

D-Wave’s customers have used its quantum computer to optimize complex tasks, from individual business needs such as scheduling grocery delivery drivers or planning promotional tours, to major operations like managing cargo movement at a major port. These tasks are categorized as optimization problems, which involve finding the most efficient solution among countless possibilities. Classical computers struggle with such problems due to the sheer volume of possible solutions. In contrast, quantum computers, with their ability to handle vast amounts of data simultaneously, show great promise in this area.

D-Wave’s Advantage(TM) quantum computer, with more than 5,000 qubits, along with its Leap(TM) real-time quantum cloud service are available in the market today, assisting customers in accelerating the adoption and implementation of quantum and hybrid-quantum applications. D-Wave has already integrated a customer’s commercial application into production, indicating its systems are actively used in their operations. D-Wave is the only company commercially offering annealing quantum computing, which is particularly well-suited for solving optimization problems that are common in commercial enterprises.

Dr. Alan Baratz, CEO of D-Wave, said The Wall Street Journal’s acknowledgment of quantum’s growing relevance and importance reflects the steadily increasing appetite and enthusiasm of D-Wave customers to harness the power of quantum to solve their most computationally complex problems (https://ibn.fm/789D3). “We believe there is no other company right now in the world delivering the same level of commercial-grade, production-ready quantum technology as D-Wave,” he added. “It’s an incredibly important moment for the industry, and this recognition of D-Wave’s leadership is gratifying.”

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

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

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Editor@MissionIR.com

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SuperCom Ltd.’s (NASDAQ: SPCB) Strategic Innovations Drive Record Growth and Public Safety Progress

 

• Hawk Point Media recently interviewed SuperCom President and CEO Ordan Trabelsi to discuss the company’s remarkable 2023 performance and future growth
• SuperCom’s extensive investment in R&D, over $40 million since 2014, further solidifies its position as a sector trailblazer
• SuperCom plans to retain its position and continue providing practical, effective, and scalable monitoring solutions for tracking offenders, benefiting all stakeholders

SuperCom (NASDAQ: SPCB), a global leader in secured solutions for the e-government, IoT, and cybersecurity sectors, offers a comprehensive suite of field-proven RFID and GPS tracking technologies. SuperCom’s services span various industries, including security, public safety, law enforcement, domestic violence prevention, and electronic monitoring of offenders. Exploring SuperCom’s success, Hawk Point Media recently interviewed SuperCom President and CEO Ordan Trabelsi to discuss the company’s remarkable 2023 performance and future growth drivers (https://ibn.fm/CvJ4B).

Despite being under-the-radar among investors, SuperCom is entering its 37th year of business and is highly recognized in the professional world. According to Trabelsi, the company’s focus has always been on innovation and providing top-tier traditional and digital identity monitoring solutions. Trabelsi believes that the company’s world-class solutions portfolio has the potential to reshape the identification, monitoring, and public safety landscape. This potential is reflected in the recent record revenues and EBITDA.

As the company continues to demonstrate consistent performance, market cap valuation could be more in line with the company’s operational success, similar to the period between 2012 and 2014 when the stock price appreciated by over 2,000%.

SuperCom’s 2023 results highlight its impressive operating performance. The company posted 5-year-record revenues of $26.6 million, a 51% increase year-over-year, and an EBITDA of $4.8 million, a 2350% increase year-over-year. Gross profit surged 60% year-over-year to $10.2 million, bolstered by a strong Q4 performance. The company has also started 2024 strongly, securing new contracts in California and Canada, and receiving $5 million in new orders from European governments. This strategy of winning more contracts while streamlining operations and demonstrating improved performance could help close valuation gaps.

Significant project wins have also driven SuperCom’s success. In 2022, the company secured a $33 million project with Romania’s Ministry of Interior, further establishing its reputation for executing large-scale national projects. Additionally, SuperCom launched a $3.6 million national electronic monitoring (“EM”) project in Finland and a $4.25 million contract for adult re-entry services in Northern California. Technological advancements, such as the PureProtect solution for domestic violence monitoring and the all-in-one ankle-bracelet solution PureOne, have been well-received and significantly expand the company’s addressable market, supporting expansion into the U.S. market.

SuperCom’s products and service platforms offer several advantages over competitors. For instance, the battery of the Pure Tag bracelet can last over a year without charging, while competitors’ battery usually requires daily charging. Additionally, the company’s location tracking technology is more accurate and works even underground and within buildings. These products are ergonomic, lightweight, and cost-effective, providing a humane-centered alternative to incarceration and improving rehabilitation outcomes.

The company’s solutions can enhance the protection of vulnerable populations, such as victims of domestic violence, through rapid response mechanisms, secure communication channels, and real-time monitoring. SuperCom’s extensive investment in R&D, over $40 million since 2014, on top of the long track record of success of its R&D teams, has resulted in over 100 patents, solidifying its position as a sector trailblazer. These technological advantages have led to a contract win rate of over 65% in National Government Tenders in Europe. As the company expands its footprint globally, it aims to achieve similar success in new markets like the U.S. and Canada.

Entering Q2, SuperCom remains committed to revolutionizing government sectors through superior technology and solutions. This approach has made the company a leader in offender tracking and monitoring solutions. By staying ahead of technological advancements, SuperCom plans to retain its position and continue providing practical, effective, and scalable monitoring solutions for tracking offenders, benefiting all stakeholders involved.

The company’s strategic innovations, top-notch technology, and focus on public safety have propelled it to record growth and established it as a leader in its field. As it continues to expand globally, SuperCom is well-positioned to further enhance its impact and drive continued success.

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

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

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Editor@MissionIR.com

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MissionIRNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils New Hybrid Quantum Solver Designed to Simplify and Accelerate Successful Quantum Technology Adoption

 D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has unveiled a new hybrid quantum solver for addressing nonlinear problems. The new solver, which is capable of handling production-scale use casesup to two million variables with no linearization required, was launched at D-Wave’s global Qubits 2024 user conference. The company believes that the new solver has the potential to help customers solve complex optimization problems of increased scale, pushing past limits of previously available technologies.

According to the announcement, the solver is part of D-Wave’s expanding set of commercial quantum optimization offerings, which is supporting the company’s strategic go-to-market growth strategy announced earlier this year. The user-friendly solution is designed to solve problems such as optimized workforce scheduling for improved employee experience, enhanced production scheduling to improve customer satisfaction, and efficient and more sustainable logistics routing. The company reports use of its hybrid solver portfolio over the past year has nearly doubled, which the company believes indicates the growing market demand for quantum optimization technology.

“We are confident that this solver will simplify and accelerate customers’ journey to successful quantum technology adoption, helping them more quickly drive return-on-investment and gain a competitive edge,” said D-Wave CEO Dr. Alan Baratz in the press release. “Many organizations are recognizing that their most complex computational problems go well beyond the capabilities of existing solutions. They’re adopting hybrid quantum solutions to find better answers to transform operations faster and improve the bottom line.”

To view the full press release, visit https://ibn.fm/Zxs7b

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations, including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

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

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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MissionIRNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Issues Reminder for Warrant Holders Regarding Expiration Date

 Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has released a reminder for holders of outstanding common share purchase warrants issued on July 8, 2022; the company is reminding holders that the warrants are set to expire at 4 p.m. Vancouver time on July 8, 2024. According to the reminder, 41,338,257 warrants were outstanding as of June 14, 2024. Each whole warrant entitles its holder to purchase one common share of Reunion Gold at an exercise price of C$0.39 per share. “Any warrants not exercised prior to 4 p.m. Vancouver time on July 8, 2024, will expire and become void, and the holder will no longer be able to exercise such voided warrants,” stated the company in the  press release. “To exercise warrants, warrant holders must follow the instructions specified under the indenture and must send the required documentation, including duly completed exercise forms, to the company and to the warrant agent by mail or physical delivery.”

To view the full press release, visit https://ibn.fm/0lkBO

About Reunion Gold Corporation

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America. The company’s flagship project is its 100%-owned Oko West Project located in Guyana. In April 2024, the company announced a proposed business combination with G Mining Ventures Corp. to create a leading intermediate gold producer in the Americas. The annual general and special meeting to approve the transaction will be held on July 9, 2024.For more information about the company, please visit www.ReunionGold.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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MissionIRNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Officials to Present Results from Alzheimer’s Study at AAIC 2024

 Annovis Bio (NYSE: ANVS), a late-stage, drug-platform company developing novel therapies for neurodegenerative diseases such as Alzheimer’s (“AD”) and Parkinson’s disease (“PD”), will be presenting results from its latest Alzheimer’s study at the Alzheimer’s Association International Conference(R) 2024 (“AAIC”). The conference is slated to run from July 28–Aug. 1, 2024, in Philadelphia as well as online. According to the announcement, Annovis Bio senior VP of research & development Dr. Cheng Fang will present an extended 45-minute session at the conference; the presentation is scheduled to begin at 8 a.m. on July 31. He will be joined by Kathleen A. Welsh-Bohmer, PhD, a professor in psychiatry and neurology at Duke University, and Maria L. Maccecchini, PhD, Annovis Bio founder and president. Titled “Data from Phase 2/3 Clinical Study in Mild to Moderate Alzheimer’s Disease,” the presentation will include an overview of significant findings from the company’s recent studies of Buntanetap in patients with mild AD as well an in-depth look at the drug’s efficacy and safety in both APOE4 carriers and noncarriers. A premier global forum for the latest advancements in dementia research, AAIC gathers together scientists from around the world to share their findings, discuss new ideas and foster collaborations. “We look forward to sharing the details of our phase 2/3 results with the scientific community at this prominent conference,” said Annovis Bio senior VP of research & development Dr. Cheng Fang in the press release. “We are also grateful for the 45-minute format, which allows us to present our data comprehensively.”

To view the full press release, visit https://ibn.fm/TaG92

About Annovis Bio Inc.

Annovis Bio is headquartered in Malvern, Pennsylvania, and is dedicated to addressing neurodegeneration in diseases such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”). The company’s innovative approach targets multiple neurotoxic proteins, aiming to restore brain function and improve the quality of life for patients. For more information about the company, visit www.AnnovisBio.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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310.299.1717 Office
Editor@MissionIR.com

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Clene Inc. (NASDAQ: CLNN) CEO and CFO Present Corporate Updates and Future Plans at 72nd Emerging Growth Conference

 

• Clene’s CEO Rob Etherington and CFO Morgan Brown presented highlights and updates on the company’s pipeline – as well as answering questions from the audience
• Clene has conducted several clinical trials to test the efficacy of CNM-Au8(R), focusing on the diseases amyotrophic lateral sclerosis and multiple sclerosis
• CNM-Au8 has shown a favorable safety profile, with over 650 collective years of subject exposure without any major safety signals attributed to CNM-Au8
• Negotiations are underway to extend the cash runway into 2025, including potential licensing deals and the exercise of warrants that could bring in up to $130 million in additional capital for the company

Clene (NASDAQ: CLNN), a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”), recently participated in the 72nd Emerging Growth Conference. EmergingGrowth.com is a leading independent small cap media portal that identifies companies with strong management teams, innovative products, focused strategy and overall potential for long-term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. Clene’s CEO Rob Etherington and CFO Morgan Brown presented highlights and updates on the company’s pipeline – as well as answering questions from the audience.

The Emerging Growth Conference, moderated by award-winning journalist Ana Berry, is considered an effective way for public companies to engage with the investment community. Companies present new products, services, and make other announcements significant to their industry. During the event, Clene’s CEO presented the company’s groundbreaking asset, CNM-Au8, a suspension of gold nanocrystals designed to improve mitochondrial function and reduce oxidative stress. This novel treatment utilizes catalytic activity to enhance neuronal energy utilization, which is critical for maintaining brain function.

Neurodegenerative diseases such as ALS, Parkinson’s, and MS, are among the most challenging medical issues. These conditions involve the progressive degeneration of neurons. In ALS, degeneration of the motor neurons leads to compromised muscular functions, including breathing, swallowing, and motor skills. Despite various treatments, a definitive cure remains elusive. Clene is tackling this challenge with an innovative approach to neuroprotection.

Clene has conducted several clinical trials to test the efficacy of CNM-Au8, focusing on diseases like ALS and MS, and the results have been promising:

• RESCUE-ALS: A Phase 2 study involving 45 subjects showed significant improvements in survival rates and in delaying disease progression.
• HEALEY-ALS Platform Trial: This major study demonstrated a 70-90% risk reduction in death among participants, marking a significant breakthrough in ALS treatment.
• VISIONARY-MS Study: This study focused on MS patients with optic neuritis. Results indicated significant improvements in vision, cognition, and fine and gross motor skills, with continued benefits over time.
• Compassionate Use Program: Over 256 patients have participated in these programs, with many participants showing extended survival and improved quality of life compared to historical controls.

CNM-Au8 has shown a favorable safety profile, with over 650 collective years of subject exposure without any major safety signals. The most common side effects are mild to moderate, primarily gastrointestinal issues, and headaches.

Clene is preparing for a potential accelerated approval from the FDA, based on the promising data from its clinical trials. The company is also exploring partnerships and non-dilutive funding opportunities to support further development and commercialization of CNM-Au8.

According to Brown, as of the first quarter, Clene holds approximately $28 million in cash, with an average burn rate of $7 million per quarter. Negotiations are underway to extend the cash runway into 2025, including potential licensing deals and the exercise of warrants that could bring in up to $130 million in additional capital.

To watch a replay of Clene’s presentation at the Emerging Growth Conference, visit the conference’s YouTube at https://ibn.fm/2FyQG.

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

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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Jump in Solar Energy Adoption Facilitated by Distributed Energy Solutions of Correlate Energy Corp. (CIPI)

 

• The United States is on track this year to match 2023’s record-level installation of nearly 40 gigawatts of solar capacity
• Idaho-based Correlate Energy Corp. is dedicated to the furtherance of renewable energy adoption by the industrial, commercial, and residential market sectors through Correlate’s financial and analytical services
• Electrical utilities make up the primary sector moving the needle on solar adoption, with Florida and Texas the largest state adopters during the past year
• The U.S. two-year moratorium on some manufactured solar panel imports has freed up supply chain bottlenecks and eased costs to continue advancing the trend

Electric utilities have become the engine moving solar energy adoption in the United States, accounting for 11.8 gigawatts of new energy capacity in the first three months of 2024, according to a June 5 report by Reuters (https://ibn.fm/gmeie).

Last year the nation installed a record-level amount of solar capacity — nearly 40 gigawatts, according to the report — and the United States is expected to install about the same amount again this year.

The rising pace of solar adoption highlights the positive sentiments surrounding alternatives to carbon-based fuels as well as the financial programs being used as incentives for further adoption. At the same time, research shows most Americans oppose major changes to the way automobiles are manufactured and buildings are powered — often because they “don’t believe the country is ready” (https://ibn.fm/6VpCd).

Distributed energy solutions company Correlate Energy (OTCQB: CIPI) is working to make renewable power accessible to industrial, commercial and residential customers through localized clean energy solutions and microgrids that are affordable to customers while being potentially profitable as well.

The company recently gained attention for expanding its renewable energy adoption services into the largely untapped market delivering energy alternatives to low-income communities, drawing on resources available under the massive Inflation Reduction Act and through its partnership with Energetic Capital.

“Our mission is to make sure distributed energy is fairly distributed,” Energetic Capital CEO Jeff McAulay stated in a news release last month (https://ibn.fm/HY4Fi).

“We continually see numerous barriers to deploying renewable energy in cities and towns where most people live and work,” Correlate Energy CEO Todd Michaels added. “We’re working with Energetic Capital to change that.”

A two-year moratorium the U.S. placed on solar panels imported from manufacturing sectors with questionable reputations in countries, such as China, eased supply chain bottlenecks and solar panels costs as well, creating more favorable conditions for solar adoption (https://ibn.fm/uec7w).

“Sustainable power generation — solar, wind, and hydroelectric — has become a fairly mature market in the United States, particularly in the utility and residential markets,” Zacks Small Cap Research noted last year (https://ibn.fm/H5sdp). “Government incentives, lower costs for photovoltaic solar panels, and increasing demand for renewable energy solutions have fueled the expansion of solar generating capacity.”

For more information, visit the company’s website at www.Correlate.Energy.

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

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