Welcome to our dedicated news page for Beamr Imaging Ltd. Ordinary Share (Ticker: BMR), a resource for investors and traders seeking the latest updates and insights on Beamr Imaging Ltd. Ordinary Share.
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Beamr demonstrated real-time video streaming capabilities at NAB Show 2024 to overcome 5G bottlenecks. The CEO highlighted the potential of Beamr's technology to enable efficient video processing at scale in real-time streaming and over 5G, with a track record of reducing video file size and bitrate by up to 50%.
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End-of-Day
3.04%
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Beamr (BMR) reported a transformative Q1 2024 with the launch of Beamr Cloud SaaS solution, raising $13.8 million, and partnerships with industry leaders like NVIDIA. The company plans to expand its video cloud services, integrate AI workflows, and enhance offerings for new emerging markets. Financially, Beamr saw an 18% revenue increase compared to Q1 2023, with $19M in cash and cash equivalents as of March 31, 2024.
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-8.9%
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Beamr Imaging (NASDAQ: BMR) plans to showcase real-time video optimization with NVIDIA Holoscan at NAB Show 2024 in Las Vegas. The demonstration aims to address the increasing demand for high-quality video streaming across various industries by reducing file size without compromising quality. Beamr's perceptual optimization technology, backed by 53 patents, will be utilized to support ultra-high-definition video streaming using NVIDIA Holoscan for Media.
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20.97%
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Beamr Imaging (NASDAQ: BMR) releases a case study showcasing how its video optimization technology accelerates machine learning training by using smaller files without compromising quality. The study demonstrates that training AI networks with Beamr's technology produces results comparable to using original, larger files, addressing critical pain points in video AI technology.
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-2.31%
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Beamr Imaging (NASDAQ: BMR) will showcase accelerated video AI workflows at NVIDIA GTC, aiming to integrate AI workflows into its Beamr Cloud SaaS solution. The company plans to offer solutions to overcome challenges in training massive video AI models, focusing on enhancing video pre-training, training, and inference capabilities. Beamr's recent technical paper demonstrated a 40% downsizing of video files without affecting training and inference results, leading to significant cost savings. Beamr Cloud, powered by NVIDIA technology, targets markets like AI, user-generated content, and autonomous cars.
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0.87%
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Beamr (Nasdaq: BMR) issues annual Letter to Shareholders outlining achievements in 2023, financial results, plans for 2024, and recent developments like the launch of Beamr Cloud. The company raised $13.8 million in an underwritten offering in February 2024 to expand its video cloud services. Beamr plans to invest in research and development, sales and marketing, and cloud operating costs to expand its reach in emerging markets. Financially, Beamr saw a 2% increase in revenue to $2.9 million in 2023, with a net loss of $0.7 million for the year. Q4 2023 showed strong revenues, with $1.5 million compared to $1.6 million in Q4 2022.
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-15.69%
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Beamr Imaging Ltd. (NASDAQ: BMR) introduces Beamr Cloud Video Software as a Service in a webinar by CEO Sharon Carmel. The service aims to optimize video processing, addressing the growing demand for video content across various platforms. Beamr Cloud offers cost-effective solutions, automated workflows, and attractive pricing, potentially revolutionizing the video processing landscape.
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-8.62%
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Beamr Imaging Ltd. (Nasdaq: BMR) successfully closed a public offering of 1,971,300 ordinary shares, generating approximately $13.8 million in gross proceeds. The underwriter's option to purchase additional shares was fully exercised, and ThinkEquity served as the sole book-running manager. The net proceeds will be allocated towards research and development, sales and marketing, cloud operating costs, and general corporate purposes.
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35.7%
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Beamr Imaging Ltd. (Nasdaq: BMR) announces a public offering of 1,714,200 ordinary shares at $7.00 per share, aiming to raise approximately $12 million for research, development, and operational expenses. The offering is expected to close on February 15, 2024, with ThinkEquity as the book-running manager.
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41.31%
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Beamr Imaging Ltd. (BMR) collaborates with NVIDIA to present a solution for automated video modernization at the ACM Mile-High-Video 2024 conference. The joint research aims to ease the transition to the efficient AV1 video format, addressing challenges in video quality and cost. Beamr's Content-Adaptive-Bitrate technology, supported by NVIDIA's hardware, offers a seamless conversion process while maintaining quality. The company is set to launch a new video cloud service on Amazon's AWS, enhancing video processing accessibility and affordability.
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Rhea-AI Sentiment
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371.56%
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Beamr Imaging Ltd. Ordinary Share
Nasdaq:BMR
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BMR Stock Data
90.33M
5.11M
53.94%
7.31%
4.14%
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United States of America
23 Menachem Begin Rd