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Polar Power (NASDAQ:POLA) expects to report revenues between $4.5 million and $5.0 million for the second quarter of 2024, and a backlog of approximately $5.5 million for the quarter end. Additionally, the company has received approximately $2.9 million in Tax refunds and Employee Retention Credits payments applied for in priorContinue Reading

Trump Media & Technology Group (NASDAQ:DJT) on Wednesday entered into an asset acquisition agreement to acquire substantially all the assets of WorldConnect Technologies (WCT) or its affiliate in an all-stock deal. The deal is intended to power the media firm’s planned content distribution network (CDN) for streaming of linear TV—initiallyContinue Reading

omersukrugoksu/iStock via Getty Images U Power Limited (NASDAQ:UCAR) announced on Wednesday that it had signed a memorandum of understanding with Pattaya AI Terminal to jointly drive the strategic development of green logistics and electric vehicle infrastructure in Thailand. The company expects the joint venture will provide electrified solutions for Thailand’sContinue Reading

Ocean Power Technologies (NYSE:OPTT) on Thursday announced the signing of an Original Equipment Manufacture agreement with Teledyne Marine, a division of Teledyne Technologies (NYSE:TDY), a supplier in the maritime technology inclusive of connectors, instruments, and vehicles. “This strategic partnership aims to enhance OPT’s product offerings and drive innovation within the industryContinue Reading