Wednesday, July 27, 2022

DGE’s 9th Advancing Women’s Leadership Skills & Opportunities in Pharma & Healthcare

 Aspiring medical professionals, influencers, solution providers, and executives of the pharma, biotech, medical device, and healthcare are invited to attend the 9th Advancing Women’s Leadership Skills & Opportunities In Pharma & Healthcare summit from September 19-21, 2022 in Philadelphia, PA.  

The DGE program focuses on the stories and insights of women executives who have reached the echelon of success after facing numerous challenges and hardships. The achievements of these women will inspire organizations to help close the gender disparity gap in the industry.

The event is hosted by Dynamic Global Events (“DGE”), a Life Science leader in organizing B2B events. The global event company caters to the dynamic informational and networking needs of the Pharmaceutical, Biotechnology, Healthcare, Medical Devices, and allied industries. 

Successful business stories motivate young women professionals who are looking to advance in their career paths. As women are becoming an intrinsic part of healthcare leadership, this DGE Summit serves as a learning opportunity to embrace the role of women leaders in the workplace.

Important topics of discussion:

  • Learn how to define parameters and say no without losing promotional opportunities
  • Advance gender consciousness among men in the workplace
  • Perform the role of a multi-generational leader to build lasting diversity
  • The dearth of women at the top positions– Why do women shy away from senior leadership roles?
  • Learn how to network and create quality connections for better career growth

This DGE event will be attended by top industry leaders, solution providers, executives, venture capitalists who will share insights about their experiences in their individual professional journeys. They will discuss the challenges and hurdles they faced and how they were able to overcome them to reach the top. Aspiring candidates and new businesses can find important guidance and design effective strategies for future expansion.

The DGE event will feature stories that will inspire a new genre of industry heads. The program focuses on educating, inspiring, and shaping women’s careers to bridge the gender disparity in the health/pharma industry.

Recommendations and information on hotel reservations are available, visit: https://nnw.fm/zDtHY 

To learn more, please visit https://nnw.fm/y1OTQ 

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Correlate Infrastructure Partners Inc. (CIPI) Looking to Create Profitable, Scalable Distributed Energy Platforms with Letter of Intent to Acquire Leading Solar and Battery Storage Provider

 

  • Correlate Infrastructure Partners is a portfolio-scale development platform that provides energy optimization and clean energy solutions for North America
  • CIPI recently entered into a letter of intent (“LoI”) to acquire a leading solar, battery storage, and roofing provider
  • Correlate believes the acquisition will create an unmatched platform for community-scale distributed generation, storage, and virtual power plant aggregation
  • Aggregated distributed renewable energy offers a sustainable way to decarbonize electricity production, lower costs, and increase the flexibility, resilience, and reliability of the electricity supply

The extreme heat currently devastating large parts of the United States and Europe, attributed to human-induced climate change, has prompted the White House to announce a series of executive actions on climate to address extreme heat, accelerate clean energy, create jobs, and lower cooling costs (https://nnw.fm/kziDc). (https://ibn.fm/X5yMh). The announcement is the latest in a series of government climate-focused releases published. Last spring, the Administration announced a new target for the U.S. to achieve a 50-52% reduction in greenhouse gas pollution from 2005 levels by 2030 (https://nnw.fm/FcCJO). Hitting this target will require a radical shift in how entire sectors, including the energy sector, operate.

Data from the U.S. Energy Information Administration (“EIA”) show that the country’s electric power sector generated 1.551 billion metric tons of carbon dioxide (“CO2”) in 2021, much of it from fossil fuels such as coal (59%), natural gas (40%), and petroleum (1%) (https://nnw.fm/499u5). The figure, which accounts for roughly 32% of the total U.S. energy-related CO2 emissions, points to the sector’s undeniable contribution to the ongoing climate change phenomenon. And for the country to achieve its reduction targets, something has to give!

The power sector is also plagued with unreliability, which impacts businesses’ bottom lines. According to a 2020 report, 79% of companies that experience weekly outages reported they lose an estimated $50,000 per outage. Furthermore, 45% of firms that experience an outage once a week or more noted that their annual loss to outages stood at between $5.2 million and $104 million (https://nnw.fm/PMHKm). So, a solution that both decarbonizes electricity production and increases the reliability of power supply will be beneficial in many ways, and Correlate Infrastructure Partners (OTCQB: CIPI), a portfolio-scale development and finance platform, appears keen on providing precisely this going by a recently signed nonbinding letter of intent (“LoI”).

Under the terms of the LoI, CIPI is looking to acquire a leading California-headquartered solar, battery storage, and roofing provider focused on selling and constructing solar and roofing services for residential and commercial properties (https://nnw.fm/vj4IR). The potentially accretive acquisition, Correlate believes, will create an unrivaled platform for community-scale distributed generation, storage, and virtual power aggregation, collectively known as distributed energy resources (“DERs”). 

“While Correlate continues to innovate its core platform services for commercial properties, we are actively integrating complementary energy service providers that align with our mission and strengthen our regional execution prowess. We intend to create one of the first profitable and truly scalable distributed energy platforms in all of North America that ensures an optimum customer experience long term,” said Correlate President and CEO Todd Michaels of the potential acquisition.

As an article in Community Solar News writes, aggregated distributed renewable energy is beneficial in several ways. Built around virtual power plants (“VPPs”) that operate as a single power plant and are coordinated using a centralized control system, hence the aggregated tag, such a system helps prevent the excessive buildout of expensive fossil-fuel-powered plants to address peak power demands. This reduces energy costs and pollution. Furthermore, the system is more reliable and resilient because it ensures the power is generated closer to where it is used (https://nnw.fm/WaJjS). 

And with community solar poised to accelerate the transition to VPPs, CIPI’s proposed acquisition is set to create a synergistic and complementary combined company that helps clients looking to be prosumers to set up rooftop solar plants at the community level, extending Correlate’s capabilities even further. In April, for instance, the company was contracted to finance, design, engineer, and install large-scale rooftop solar projects in Illinois and New Jersey. The proposed acquisition is also set to further the company’s goal of becoming a leading clean energy and grid optimization services platform. 

From an operational standpoint, the target acquisition is expected to provide numerous strategic and financial benefits that add to Correlate’s top line and bottom line. A top 10 U.S. solar and storage platform, the target company posted year-over-year revenue growth in its last reporting period. Its unaudited revenues for the year ended December 31, 2021, were $175 million, an increase from $121 million for the year ended December 31, 2020.

Correlate believes the potential acquisition will improve its sales, development, and construction capabilities thanks to the target company’s mature distribution network and integrated solutions delivery. Upon completion, potentially in the second half of the year, the acquisition is poised to offer expanded national leadership in key markets, expertise, integrated digital technologies, a loyal user base, cost efficiencies, and aggregation. 

“In this proposed acquisition, we have a partner that has years of successful execution expertise in multiple jurisdictions, including engineering excellence, distributed generation development, energy assessments, and regulatory compliance vital to our next stage of growth,” commented Correlate CFO Channing Chen. 

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Bhutan and Suriname Are Carbon Neutral, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Expanding RNG to Keep North America on Track

 

  • Most of the world has stated decarbonization goals for the coming decades to protect the Earth
  • EverGen is a leader in renewable natural gas, a viable option today for reach carbon neutrality
  • EverGen has been growing rapidly in 18 months and recently struck a deal to generate enough RNG to power 19,000 homes in Ontario

136 countries, home to about 80 percent of the world’s population, have pledged to achieve carbon neutrality, most by the year 2050 with a few as soon as 2030 and others as far out as 2060. So far, Bhutan and Suriname both self-declared that they have achieved the lofty goal. For countries to stay on target, they need to look at available technologies that are simple alternatives to maneuver away from fossil fuels. In Canada, companies like EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF) are working to develop the sustainable infrastructure that “contributes to carbon-negative energy production and greening the province.”

EverGen specializes in renewable natural gas, or RNG, a sustainable fuel source produced differently than conventional natural gas, without drilling wells. RNG is derived from biogas, which is captured from decomposing organic waste in landfills, food waste, agricultural waste matter and wastewater from treatment facilities. Sometimes called biomethane or biogas, RNG can be processed to pipeline quality as a replacement for fossil-based natural gas.

Research completed by the Canadian Urban Transit Research & Innovation Consortium (“CUTRIC”) was recently published demonstrating the feasibility of RNG as a cleaner and less expensive solution for public transit buses currently using compressed natural gas (“CNG”). Amongst other things, the “Renewable Natural Gas as a Complementary Solution to Decarbonization” report determined, “RNG fuel has the potential of being zero-carbon or even carbon-negative depending on the methods of production because its production can offset both the tailpipe emissions and the emissions of other human activities.”

Headquartered in British Columbia, EverGen has been methodically and quickly expanding its footprint across Canada under the moniker of “Canada’s Renewable Natural Gas Infrastructure Platform.” 

At the end of December 2020, EverGen raised over $30 million and acquired two RNG projects in B.C. to get operations rolling. In 2021, EverGen bought Fraser Valley Biogas Ltd., nailed down offtake agreements for its RNG with FortisBC, a unit of Newfoundland-based Fortis Inc., Canada’s biggest private utility company, completed its initial public offering, partnered with municipalities for additional organic feedstock, and kept growing.

Since then, EverGen acquired a 67% interest in a biogas facility in Alberta and continued its move eastward by inking a deal to buy a 50% interest in a portfolio of RNG development projects in southern Ontario called “Project Radius.” Project Radius is a late-development-stage portfolio of three high-quality, on-farm RNG projects, collectively capable of producing approximately 1.7 million gigajoules per year of RNG.

“The acquisition of Project Radius provides a foothold in Ontario – a new and strategic jurisdiction in which EverGen can continue to participate in the consolidation and growth of the RNG industry in the near-term, as well as benefit from project economics in line with or exceeding those we have seen with our initial projects,” said Chase Edgelow, CEO of EverGen, in a press release on the agreement.

To provide some color as to what type of impact EverGen can deliver just from Project Radius, consider the 20-year offtake agreement between EverGen’s subsidiary Net Zero Waste Abbotsford Inc. In that deal, EverGen previously said that Fortis will buy up to 173,000 gigajoules of RNG annually for injection into its natural gas system. It is estimated that the RNG energy meets the needs of about 1,900 residential homes. When complete, the three Project Radius facilities could meet the needs of approximately 19,000 homes.

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsWire (NNW)
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NetworkNewsWire is part of the InvestorBrandNetwork

Cepton, Inc. (NASDAQ: CPTN) Set to Capitalize on Lidar Sector’s Exponential Growth Trends

 

  • Originally designed to map out the meteorology of early weather, lidar sensor technology has powered/enabled a wide range of innovative applications 
  • The rapid development and adoption of lidar technology is expected to drive the sector to grow to a value of EUR 50 billion per annum
  • Cepton, Inc. has been a key beneficiary of sectoral growth, having earlier been awarded the largest ADAS lidar contract by an automotive OEM in history
  • The company has also pioneered the usage of lidar technology in alternative applications worldwide, recently collaborating with Fibre Based Integrations to revamp Cape Town’s traffic infrastructure using their proprietary technology

In the early hours of April 9, 2022, a SpaceX Dragon capsule carrying four astronauts docked with the International Space Station (“ISS”), ending an orbital mission, which began the previous morning when the capsule was hurtled into space atop a Falcon 9 rocket. Notably and upon final approach to the ISS, the Dragon capsule deployed its lidar-based technology to complete the docking process – a technology which thus far has been primarily associated with the advent of the autonomous vehicle sector. Cepton (NASDAQ: CPTN), a Silicon Valley innovator and pioneer within high-performance MMT(R) lidar solutions, has rapidly emerged as a leader in its field – deploying its unique capabilities across a host of different environments, ranging from traffic systems in Cape Town to smart railways in Europe and security systems in the U.S.

Originally developed by NASA to measure objects in space (https://nnw.fm/SAxRs), lidar technology, an acronym short for “light detection and ranging”, is a sensor technology that sends out laser pulses, then measures the time it takes for them to bounce off an object and return. That data is then used to calculate how far away things are and to create a three-dimensional map of the objects in an area.

Lidar’s ability to map surroundings as well as measure object velocity has led to its rapid adoption as an essential sensor in partially or fully autonomous vehicles; in effect, the laser beams that are reflected back from lidar sensors are used to create a 3D rendering of the environment around a vehicle, including identifying pedestrians, other vehicles, and infrastructure, thereby supporting vehicle autonomy. In addition, lidar doesn’t rely on ambient light, which means it’s able to provide imaging in weather conditions that a camera cannot.

As of January 2022, a survey carried out by Bloomberg revealed that 17 automakers globally had announced a total of 21 lidar-equipped passenger car model launches, either in production or coming soon (https://nnw.fm/Gmgy5). Remarkably, and with over 90 percent of automobiles expected to have some sort of advanced driver assistance systems (“ADAS”) by 2030, one industry source recently forecasted the lidar sector to quadruple between 2025 and 2030, reaching an ultimate global market size of fifty billion euros (per annum). 

Historically, investments into lidar technologies have been focused on the pursuit of full autonomy (Level 4 or 5 where no human drivers are needed) for ride-hailing, trucking, and logistics purposes; however, the technological obstacles in realizing L4/L5 capabilities have driven most major automotive OEMs to deprioritize plans to pursue the manufacture of fully autonomous vehicles. Rather, OEMs have chosen to address L2 and L3 autonomy, with the goal of selling the proposition of comfort, free time, and safety to a larger customer base (https://nnw.fm/Ply4X).

This trend has led the lidar technology sector to pivot towards consumer cars, with Cepton being awarded the largest known ADAS lidar series production supply deal in the industry to date to support General Motors’ new Ultra Cruise hands-free automatic driver assist technology (https://nnw.fm/n6ooC). Cepton will supply General Motors and other automotive clients with its specialized range of small, high-performance lidar sensors that can be embedded inside or in various locations around the vehicle, including behind the windshield (the GM Ultra Cruise placement), inside mirrors, front grille, front and rear bumper, tailgate, headlamp, or on the rooftop, allowing automakers a solution for maintaining vehicle aesthetics while maximizing safety and reliability. Compact lidar sensors can provide 360 degrees of coverage for advanced driver assist systems (“ADAS”) or autonomous driving systems.

However, Cepton’s product range extends far beyond automobiles. In early March 2022, Cepton revealed that it was partnering with Fibre Based Integrations, an established fiber optics systems house, to develop a lidar-based vehicle detection system, aimed at assisting the creation of smart transportation infrastructure within South Africa’s Cape Town. The use of Cepton’s innovative lidar technology will allow the system to provide authorities with analytics designed to improve traffic flow and safety for motorists and pedestrians, alike.

The development of lidar technologies and its broad array of applications bode positively for the sector’s growth prospects going forward. As a pioneer in its field and having been awarded the largest lidar-focused OEM automotive contract in history, Cepton is exceptionally well positioned to capitalize on the industry’s ongoing momentum. 

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Appoints New CFO as Latest Move to Strengthen Operations in Pursuit of Global Food Security

 

  • Global food security has suffered during recent years as the COVID-19 pandemic and international conflicts have challenged existing trade agreements and the infrastructure serving them
  • Interruptions to infant and baby food supply chains have gained particular attention from consumers amid ongoing shortages on store shelves
  • Plant-based foods investment company Eat Well Investment Group Inc. is focused on strengthening food security with natural food products, including high-quality, natural baby food supplies
  • As part of the company’s efforts to shore up its operations, Eat Well recently announced that its vice president of finance, Patrick Dunn, will be promoted to Chief Financial Officer, bringing significant experience in building highly successful agribusinesses 

The complex challenges parents deal with in caring for and feeding their young children came into sharp focus with the outbreak of the COVID-19 pandemic as public gathering restrictions, business staffing, revenue challenges, supply chain interruptions, war and environmental impairment of food production, exacted a toll on consumers with babies and toddlers (https://nnw.fm/IhbpK).

Some positive news emerged this month as a key U.S. baby formula factory announced it was resuming production after interruptions due to sanitization and environmental destruction (https://nnw.fm/rD7HN). Market firm IRI reported formula availability on store shelves dropped to its lowest level so far this year but the federal government continues trying to blunt the shortage by securing repeated flights of formula from overseas (https://nnw.fm/o7Qe6). In addition, Alabama (https://nnw.fm/vWJGF) (https://ibn.fm/yCT28) and Utah (https://nnw.fm/c6hTT) were among states announcing new financial incentives for childcare workers. 

But among young children who have progressed to eating more fibrous and chewable foods, another report raised concerns that have become an issue each year for the U.S. Food and Drug Administration (“FDA”) — the presence of toxic arsenic, cadmium, and lead in many baby foods — particularly cereals and puffed snacks (https://nnw.fm/DLNPP).

A multi-state coalition of attorneys general is asking the FDA and the Department of Agriculture to step up their efforts to eliminate toxic heavy metals from baby food (https://nnw.fm/GMIYh).

Plant-based foods investment company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF)  has made its corporate focus the production of quality, highly affordable, nutritious and delicious foods, including baby foods and snacks. 

“More and more parents and families are looking for healthier, more nutritious and affordable plant-based foods for their babies and toddlers. We are continuing to expand our distribution channels and will drive step changes in 2022 and beyond,” the CEO and founder of Eat Well’s subsidiary Amara Organic Foods, Jessica Sturzenegger, stated earlier this year (https://nnw.fm/poByr). 

Eat Well is strengthening its overall profile, completing the 100 percent acquisition of plant-based food and food-tech creator Sapientia this month (https://nnw.fm/SOlQh). To further strengthen the company’s efforts to improve global food security, Eat Well recently named a new chief financial officer — elevating its vice president of finance, Patrick Dunn, to succeed Nick Demare (https://nnw.fm/ApPjq).

Dunn will also join the board of directors, bringing experience in investing in, building, and scaling plant-based food companies across international jurisdictions. Demare will transition to the company’s corporate secretary. 

According to the company’s news release about the transition, Dunn “is an experienced senior executive with a proven track record of investing in and building highly successful agribusinesses throughout North America, including his role with Verdient Foods Inc., in which he helped conceive, finance, and build one of the largest fractionation facilities in North America.”

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

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NetworkNewsWire (NNW)
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212.418.1217 Office
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NetworkNewsWire is part of the InvestorBrandNetwork