A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Inc (), a provider of vehicles to the rideshare and delivery gig economy sector, announced its fourth quarter and full-year 2020 financial results on Tuesday, including revenue that grew year-over-year despite coronavirus (COVID-19) impairments. The company posted revenue of $2.2 million for the quarter ended December 31 and $7.6 million for 2020 as a whole, the latter being a company record. The figures represented gains of 29% and 10% year-over-year, respectively. said it rented the highest number of vehicles in its history and recently deployed 40 electric vehicles in its fleet. The Los Angeles-based firm also jumped into the last-mile logistics space, adding high-roof cargo vans for delivery.
Micro Systems Inc () () announced Tuesday that it has signed an amended and restated license agreement with AerialX Drone Solutions Inc for counter-drone technology. In October 2019, had signed a non-exclusive worldwide license with AerialX and has now gained exclusive rights to the technology for US and Canadian militaries. The company said the product, which is based on the licensed technology marketed under the name GreyGhost, is an autonomous soldier-portable micro drone missile system that defends against small hostile drones including swarms using high-speed kinetic impact.
Midwest Energy Emissions Corp (), known by its trade name , reported fourth-quarter and full-year 2020 financial results on Tuesday which showed it is monetizing its strong patent portfolio by inking agreements with major US coal-fired power producers. ME2C has more than 62 patents in North America, Europe and Asia and has taken legal action against energy companies that have tried to appropriate ME2C’s patented sorbent. The company said it has entered into agreements with “four major power producers and defendants named in initial litigation relating to ME2C patents.” Four of the utility defendants, which included Vistra Corp and American Electric Power, have entered into license agreements with ME2C and have since been removed from the lawsuit.
() () (FRA:4021) has announced its first commercial feasibility in Israel with cannabis producer Pharmocann Global Inc to assess its CO2 Delivery Solutions technology. In a statement Tuesday, the Toronto-based company said that the commercial feasibility will be conducted in part of Pharmocann’s greenhouse for a term of at least six months. CO2 Delivery Solutions dissolves and saturates carbon dioxide gas into water, creating a bubble-less, aqueous CO2 solution that results in a combination of larger plants and shorter crop grow time.
() has announced that a top-rated leading hospital system has purchased the company’s PURE EP systems for multiple campuses in its national network. “We are pleased to expand our commercial installations across this most important healthcare system in multiple states.” commented…
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