Releases

42024 items in section

CytoSorbents Reports Real-World Success in Reducing Surgical Bleeding

A new patient-level analysis of 587 cases indicates that using the CytoSorb blood purification device during urgent coronary artery bypass grafting reduces severe bleeding by 37%. Presented at the European Society of Cardiology Congress, these findings bolster the company’s regulatory strategy for U.S. market entry of its DrugSorb-ATR system.

Lauren Knausenberger Named Chief Business Officer at Defense Unicorns

Lauren Knausenberger, the former Chief Information Officer for the Department of the Air Force, has joined Defense Unicorns to lead the firm’s business strategy. Her appointment signals an aggressive push to integrate advanced software and AI capabilities directly into the military’s most critical operational environments.

CME Group Records Second-Highest August Trading Volumes

Investors traded 29.7 million contracts per day on the CME Group marketplace last month, marking the exchange's second-highest August performance on record. This 6% year-over-year growth was driven by a surge in demand for interest rate products and a significant 48% spike in metals trading activity.

Rapafusyn CEO Dr. Sean Hu to Detail Molecular Glue Pipeline in New York

Dr. Sean Hu, President and CEO of Baltimore-based Rapafusyn Pharmaceuticals, will headline the 28th Annual H.C. Wainwright Global Investment Conference in New York. The presentation, scheduled for mid-September, marks a significant public update for the biotech firm as it advances its proprietary platform of non-degrading molecular glue therapeutics.

CodeROI Launches AI Agent to Capture R&D Tax Credits for Machine-Written Code

As artificial intelligence generates an increasing share of corporate software, companies face a widening gap between their rapid development and the rigid documentation required by tax authorities. CodeROI is launching an agent designed to bridge this divide, offering a deterministic system to track AI-driven code for R&D tax credit eligibility.

ChainIT Targets $40 Billion AI Fraud Threat with New Authority Protocol

Generative AI is rapidly evolving from a productivity tool into a sophisticated instrument for financial crime, with U.S. fraud losses projected to hit $40 billion by 2027. Scottsdale-based ChainIT is responding to this surge by launching a new framework designed to verify authorization before any transaction occurs.

SafePaaS Recognized in 2026 Gartner Market Guide for IGA

As autonomous AI agents join human workers in accessing sensitive corporate data, the traditional identity landscape has fractured. Gartner has named SafePaaS a Representative Vendor in its 2026 Market Guide for Identity Governance and Administration, highlighting the shift toward securing non-human entities within complex enterprise digital environments.

GigaStar Launches Secondary Trading Platform for Creator Economy Assets

Investors can now trade digital securities tied to YouTube revenue following the launch of GigaStar Trading. The platform, which operates as an SEC-registered Alternative Trading System, allows users to buy and sell stakes in creator channels, marking a transition from static crowdfunding to an active, regulated secondary market.

Verdera Energy Sells New Mexico Treeline Project to Americas Uranium

Vancouver-based Verdera Energy has finalized an agreement to divest its 100% interest in the Treeline Uranium Project in New Mexico to Americas Uranium Corp. The deal, which includes a mix of cash and staged equity payments, marks a strategic pivot for Verdera as it streamlines its portfolio to prioritize large-scale assets.

IBM Launches AI Fellowship as Classrooms Outpace School Readiness

While 76% of middle school educators report weekly AI use in classrooms, only 20% of K-12 staff have received extensive training to manage the transition. As technology adoption accelerates, a newly launched IBM fellowship aims to bridge the gap between classroom reality and administrative preparedness for school districts.

Jianpu Technology revenue halves as platform restructures

Jianpu Technology Inc. reported a significant contraction in its first-half 2026 financial results, with total revenue plummeting 49.6% to RMB 280.9 million. The Beijing-based fintech firm, which operates the Rong360 platform, attributed the downturn to lower loan application volumes and the ongoing wind-down of its credit card business.

Rural King targets Southeast market with aggressive price-cutting program

Starting September 3, Rural King is rolling out a series of deep discounts across its Southeast locations, offering Rewards members at least 25% off everyday essentials. The retailer, headquartered in Mattoon, Illinois, plans to rotate these curated Hot Deals every 60 days to help rural households combat rising costs.

10 Federal Pivots to Retail with Burlington Shopping Center Purchase

Positioned at the bustling I-40/I-85 interchange in Burlington, North Carolina, the 219,850-square-foot Eric Lane Shopping Center has been acquired by 10 Federal. This move marks a strategic diversification for the firm, signaling its intent to export its proprietary automation technology from self-storage into the broader retail real estate market.

Cardinal Infrastructure Group Secures $40M Walmart Facility Contract

A $40 million contract for full-site civil infrastructure at a Walmart sorting facility in Carnesville, Georgia, has been awarded to A.L. Grading Contractors. The project, spanning 164 acres, marks a strategic expansion for Cardinal Infrastructure Group as it integrates new paving capabilities into its service portfolio.

Peerspace Debuts All-Inclusive Booking for Events and Meetings

Peerspace is stripping the friction from event planning with a new category that bundles venue, catering, and staffing into a single reservation. By eliminating the traditional maze of contact forms and hidden quotes, the platform aims to provide transparent, upfront pricing for corporate meetings, productions, and private celebrations alike.

Eyesafe Debuts High-Transmission Privacy Screens and Universal Cuts at IFA

Privacy filters have long forced a compromise between screen security and display brightness, but a new technology aims to reclaim that lost light. At IFA 2026, Minneapolis-based Eyesafe unveiled a high-transmission privacy film and an on-demand cutting platform designed to simplify inventory for retailers and device manufacturers alike.

Alteogen Inks $3.2 Billion Licensing Deal with Novartis

Novartis has secured rights to deploy Alteogen’s proprietary Hybrozyme™ technology across its drug pipeline, aiming to transition intravenous treatments into subcutaneous formulations. The agreement marks a significant expansion for the South Korean firm, potentially netting them up to $3.22 billion if all development milestones and sales targets are met.

Esco Tool Expands Rental Fleet for On-Site Pipe Maintenance

With maintenance cycles tightening across the energy sector, Holliston-based Esco Tool is now offering its specialized pipe-prep machinery for rent. The initiative provides operators immediate access to MILLHOG I.D. clamping tools and COHOG split-frame machines, aiming to simplify field-level welding preparation for heavy and thin-wall piping alike.

Raziel and Fosun Pharma report Phase 3 success for RZL-012

A 30-percentage-point lead over placebo has cleared the path for a major market entry in China. Raziel Therapeutics and Fosun Pharma confirmed that their Phase 3 trial for the injectable fat-reduction drug RZL-012 met all primary and secondary endpoints, setting the stage for a 2026 regulatory filing.

Laser Research Optics Expands CO2 Beam Delivery Line

Engineers working with 10.6 µm CO2 lasers now have access to a broader range of beam delivery components, as Providence-based Laser Research Optics rolls out a new series of specialized reflectors and couplers designed for power outputs between 25 and 200 watts.

Tusker Expands Cybersecurity Reach with Fortress SRM Acquisition

Chicago-based Tusker has acquired Cleveland’s Fortress SRM, integrating nearly 50 cybersecurity professionals and a 24/7 Security Operations Center into its national network. The deal marks the firm's fifth acquisition since 2017, establishing a critical new hub in the Ohio Valley and deepening its managed security service offerings.

Concrete Superplasticizers Market Projected to Reach $10.54 Billion by 2031

The global market for concrete superplasticizers is set to climb from $7.93 billion in 2026 to $10.54 billion by 2031, according to data from MarketsandMarkets. This growth, projected at a compound annual rate of 5.8%, is largely fueled by the rising demand for high-performance, durable, and sustainable construction materials in urban development.

Fred. Olsen Cruise Lines Adopts Power Knot Biodigesters

Fred. Olsen Cruise Lines has integrated Power Knot’s LFC biodigesters across its fleet to automate organic waste processing. This move signals a shift away from traditional incineration and maceration methods, aligning the UK-based operator with tightening environmental standards while cutting operational costs associated with port disposal fees.

La Caisse buys 24% stake in India’s Altius telecom tower network

La Caisse has finalized a deal to acquire a 24% interest in Altius Telecom Infrastructure Trust, India’s largest independent tower platform, for INR 121 billion. The investment strengthens the Montréal-based fund’s presence in the world’s second-largest telecommunications market, where demand for 5G-ready infrastructure is accelerating rapidly.

Consumer Cellular Launches Connect Care+ for Aging in Place

Consumer Cellular is expanding its SpeakEasy brand with a new connected-care platform, allowing adults 75 and older to share activity and location data with trusted family members. The service integrates directly into existing SpeakEasy devices, aiming to balance individual independence with family oversight without the need for additional monitoring hardware.

QuickLogic Expands eFPGA Capabilities for GlobalFoundries 12LP Process

San Jose-based QuickLogic has upgraded its embedded FPGA (eFPGA) Hard IP for the GlobalFoundries 12LP platform, introducing a design that scales beyond 250,000 look-up tables. The release targets compute-heavy sectors, including aerospace and wireless infrastructure, by integrating advanced signal processing and real-time reliability monitoring features.

Partillion Bioscience Integrates Nanovial Tech into Standard Cytometry

During the 49th Annual Course in Cytometry in La Jolla, California, researchers moved beyond traditional markers by testing Nanovial-based assays on existing commercial cell sorting platforms. The August 16–20 workshop demonstrated how laboratories can perform secretion screening and cell-cell interaction studies without acquiring specialized, high-cost equipment.

Iyuno Refines AI Storytelling Through Human-Inspired Cognitive Layers

Rather than relying on isolated data processing, Iyuno is shifting its CLOE platform toward a multi-agent architecture that mirrors human sensory perception. By linking visual, auditory, and linguistic inputs into a persistent memory, the system aims to decode the subtext and emotional intent often missed by traditional language models.

Aurora Cannabis Rejects Curaleaf Hostile Takeover Bid

Aurora Cannabis is urging its shareholders to reject a hostile takeover bid from Curaleaf Holdings, labeling the offer opportunistic and financially damaging. The Edmonton-based company, which currently holds $149 million in cash and remains debt-free, argues the proposal undervalues its assets and shifts significant corporate risk onto investors.

Transpire Bio Executives Map Out September Investor Roadshow

Executives from Sunrise-based Transpire Bio are set to engage with the financial community this month at two major healthcare forums in New York and Boston. The clinical-stage firm aims to spotlight its proprietary inhalation technology and ongoing development of therapeutics for pulmonary and systemic conditions.