Category: Business Wire

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Aurora Closes Business Combination with Over $1.8 Billion in Gross Proceeds and Cash on Hand

Company to Begin Trading on November 4 on Nasdaq Under Ticker Symbol “AUR” Proceeds raised plus cash on balance sheet are expected to fund Aurora through commercialization milestone and into 2024 Proceeds from the business combination represent the largest-ever autonomous vehicle or robotics company primary raise in a go-public transaction PITTSBURGH–(BUSINESS WIRE)–#aurora–Self-driving technology company Aurora […]

Fisker Inc. Announces Third Quarter 2021 Financial Results

Q3 2021 operating results consistent with expectations and full-year total spending guidance unchanged. Successful Green Convertible Bond offering in August bolstered cash balance to $1.40 billion as of September 30, 2021 compared to $962 million as of June 30, 2021. Secured long-term commitment for over 5 GWh’s of initial annual battery supply from global leader […]

Iteris Reports 18% Revenue Growth Year Over Year for First Half of Fiscal 2022 and Maintains Full Year Revenue Guidance of $134 Million to $142 Million

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal second quarter 2022 ended September 30, 2021. During the first quarter of fiscal 2021, the company completed the sale of its Agriculture and Weather Analytics segment to DTN, LLC. The results of […]

Wejo to Participate in Upcoming Conferences

MANCHESTER, England–(BUSINESS WIRE)–Wejo, a global leader in connected vehicle data, today announced that members of its management team will participate in the following conferences on November 17, 2021: Third Annual Needham Virtual Big Data/Infrastructure Software 1×1 Conference. CEO and Founder Richard Barlow will host investor meetings. Founders Conference. CEO and Founder Richard Barlow will participate […]

SES Unveils World’s First 100 Plus Ah Li-Metal Battery, Announces New Gigafactory at First SES Battery World

107 Ah Li-Metal battery marks a major milestone in demonstrating commercial readiness of Li-Metal battery technology for EV market BOSTON–(BUSINESS WIRE)–#ai–SES (formerly known as SolidEnergy Systems), a global leader in the development and initial production of high-performance hybrid lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced Apollo™, a 107 Ah […]

J.B. Hunt Transport Services, Inc. Announces Participation in the Baird 2021 Global Industrial Conference

LOWELL, Ark.–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Chief Operating Officer and President of Contract Services Nick Hobbs, Chief Financial Officer and EVP of Finance John Kuhlow, and SVP of Intermodal Pricing Stacey Griffin will address the Baird 2021 Global Industrial Conference at 3:45 p.m. eastern time on Tuesday, November 9, 2021. Investors may […]

Enterprise Minnesota to Release Its 13th Annual State of Manufacturing® Survey on November 10, 2021

MINNEAPOLIS–(BUSINESS WIRE)–#Minnesota–Now in its 13th year, the State of Manufacturing® survey provides an unparalleled look at the latest reflections and perspectives among Minnesota’s manufacturing executives in key business areas including growth, workforce, supply chain, economic confidence, and more. Over 400 manufacturing executives were surveyed statewide from across Minnesota, representing a broad mix of manufacturers by […]