AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months ended March 31, 2024.

First Quarter Ended March 31, 2024, Financial Highlights (Compared to the First Quarter of 2023) Revenue increased by 8% to $6.9 million from $6.4 million.Gross Profit increased by 139% to $3.8 million from $1.6 million.Gross Profit margin increased by 123% to 55% from 25%.Operating Income improved by $1.8 million to $0.7 million compared to an Operating Loss of ($1.1) million.Operating Margin improved by 27.2 percentage points to 10.5% from negative margin of (16.7%).Net Income improved by $2.3 million to $0.8 million compared to Net Loss of ($1.5) million.EPS improved by $0.36 to positive $0.04 compared to Negative EPS of ($0.32).Non-GAAP ...

The partnership that was announced earlier this year showcased its product catalog at the 2024 Automate Show last week.DALLAS, May 14, 2024 /PRNewswire/ -- RobotLAB, an award-winning robotics integrator that delivers impactful business innovations and solutions for companies across many industries, has proudly partnered with autonomous vehicle software developer, Cyngn Inc. ("Cyngn"), to expand the availability of its industrial self-driving DriveMod robots to large-scale manufacturers and warehouse businesses. Cyngn selected RobotLAB as a preferred U.S. partner because of its decades-long experience successfully deploying more than 10,000 robots worldwide. Under the agreement, RobotLAB will add Cyngn's autonomous DriveMod Tugger vehicles to its ...

Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, announced today it has sold its non-GMO Resistant Starch (RS) Durum Wheat trait to longtime partner Corteva Agriscience. Under the terms of the agreement, Arcadia will receive $4 million and retain the right to continue using Resistant Starch Durum in its GoodWheat portfolio of wheat products, including pastas and mac & cheese. Corteva will acquire 24 RS Durum patents in 20 countries.