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Saturday HI
rain last night
78 this AM
Woburn, Massachusetts--(Newsfile Corp. - September 6, 2024) - SinglePoint Inc (CBOE: SING) ("SinglePoint" or "the Company") subsidiary Boston Solar, a proud partner of the Boston Red Sox and a leading provider of solar energy solutions, is proud to announce that it has secured a contract with Nashoba Valley Winery to install a state-of-the-art 123kW rooftop solar system. This strategic collaboration underscores Boston Solar's commitment to supporting local businesses in their transition to clean energy solutions.
The new solar system, designed to produce an estimated 145,275 kWh in its first year, will significantly impact Nashoba Valley Winery's sustainability efforts. The energy generated will cover 51% of the Winery's total electricity consumption, dramatically reducing its reliance on non-renewable energy sources and decreasing its carbon footprint. This installation is expected to contribute to the Winery's long-term environmental and economic goals.
However, accredited investors may be able to purchase Helion Energy stock in secondary markets before the company goes public.
SLINGERLANDS, N.Y., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has been awarded $10 million by the U.S. Department of Energy (DOE) to demonstrate next generation hydrogen refueling infrastructure for medium and heavy-duty vehicles at scale. Plug’s project, HYPER-Fuel (“the project”), is a liquid-to-gaseous dispensing and cryogenic dispensing hydrogen refueling station architecture.
This funding is part of the DOE’s $62 million investment in 20 projects across 15 states aimed at accelerating the deployment of next-generation clean hydrogen technologies. These initiatives will advance key aspects of hydrogen fueling infrastructure, demonstrate hydrogen-powered container-handling equipment for port operations, and enhance processes critical to the efficient, timely, and equitable implementation of hydrogen technologies.
In partnership with Washington State University (WSU), the University of Maryland at College Park, and the National Renewable Energy Laboratory (NREL), Plug will develop a high-flow, direct-fill hydrogen fueling station. The dispensing station, based on Plug’s GenFuel technology, will offer fueling rates exceeding 8 kg/min, a daily capacity of >2 tonnes, and options for both 350 and 700 bar pressurized hydrogen, including forward looking subcooled liquid and cryo-compressed hydrogen dispensing. The project aims to address the growing hydrogen infrastructure needs for on-road heavy-duty vehicles.
"We’re grateful for the Department of Energy's support, which underscores Plug’s leadership in the hydrogen sector," said Plug CEO Andy Marsh. "With over 250 high-performance refueling stations under our belt—more than any other company globally—our proven expertise positions us uniquely to lead this important commercial demonstration project."
Ra’anana, Israel, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced the approval of its U.S. patent for a cutting-edge AI-based railway obstacle detection system by the United States Patent and Trademark Office in August. This milestone reflects Rail Vision’s unwavering commitment to advancing railway safety through revolutionary technology, poised to reshape the industry.
The newly patented system combines advanced electro-optical imaging with artificial intelligence, offering innovative protection against obstacles on and off rail tracks. Through advanced AI algorithms, including deep learning and convolutional neural networks, the system provides real-time analysis of the railway path, detecting potential hazards with unprecedented accuracy. This technology significantly enhances awareness for train drivers and operators alike, aiming to preserve business continuity by dramatically reducing collisions and improving safety for freight and passengers.
“Receiving this patent validates the innovative strength of our technology and marks a significant step forward in our mission to revolutionize railway safety,” said Shahar Hania, CEO of Rail Vision. “Our AI-powered system is designed to detect obstacles and deliver real-time actionable insights that help prevent accidents before they happen. We believe that this is more than just a safety measure; it's a transformative leap for the railway industry."
Key Features of the Patent include:
Advanced Electro-Optical Imaging: Utilizes single spectrum or multispectral imaging to capture comprehensive visuals of the train’s pathway and its surroundings.
AI-Driven Image Processing: Incorporates deep learning through convolutional neural networks to precisely determine the railway path and detect potential obstacles along and near the path.
Enhanced Safety Measures: Aims to dramatically reduce collision risks, thereby increasing the safety of rail operations.
morning mick & BDEZ & glenn19
44 THIS AM
(Nasdaq: RR), (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, today announced the pricing of an upsized public offering of an aggregate of 15,555,557 shares of its Class B common stock (or Class B common stock equivalents in lieu thereof), warrants to purchase up to 15,555,557 shares of Class B common stock (the “Warrants”), at a combined public offering price of $1.35 per share (or per Class B common stock equivalent in lieu thereof) and accompanying Warrant. The Warrants will have an exercise price of $1.35 per share, will be exercisable immediately upon issuance and will expire on the five year anniversary of the initial issuance date. The closing of the offering is expected to occur on or about September 3, 2024, subject to the satisfaction of customary closing conditions.
MAXN ~ In a letter addressed to the Company's shareholders, Maxeon's Chief Executive Officer Bill Mulligan noted as follows:
Maxeon's financial performance was largely consistent with our guidance for the second quarter, but the Company continues to face significant market headwinds and uncertainties due to intense competitive pressures, subdued distributed generation (DG) market demand, project delays and order cancellations affecting our large-scale business, and an unpredictable policy environment. In addition to these broader challenges, we recently experienced Customs and Border Protection's (CBP) first-ever detentions of our modules being imported into the U.S. from our factories in Mexico to assess compliance with the Uyghur Forced Labor Prevention Act (UFLPA). It is our understanding that these detentions are routine, however, they have effectively stopped all of our shipments into the U.S., a market that accounted for over 60% of our second quarter revenue, and are causing intense pressure on the Company's revenue realization and cash flow. We have no visibility into the CBP's process or timing, and we are therefore uncertain as to when we will be able to recommence deliveries into our largest end-market.
GFAI ~ an integrated security, AI and Robot-as-a-Service (RaaS) provider, today announced that management will participate in the H.C. Wainwright 26th Annual Global Investment Conference being held September 9th – 11th, 2024 at the Lotte New York Palace Hotel in New York City.