Welcome to our dedicated page for Worthington Steel news (Ticker: ws), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.
Worthington Steel (WS) delivers precision-engineered steel solutions for automotive, construction, and industrial sectors through advanced processing of carbon flat-rolled steel and laser-welded products. This news hub provides investors with essential updates on operational developments, strategic initiatives, and market positioning.
Access curated press releases and analysis covering earnings announcements, facility expansions, and technological innovations. Our repository simplifies tracking of WS's progress in electrical steel laminations and global manufacturing operations while maintaining compliance with financial disclosure standards.
Discover timely updates on quality control advancements, international market entries, and partnership agreements. Bookmark this page for streamlined access to WS's evolving role in steel processing technology and industrial supply chains.
Nuburu has secured a Phase II contract from AFWERX to develop a blue laser-based 3D printing solution, enhancing military capabilities. The project aims to demonstrate a revolutionary 3D printer that achieves up to 100 times faster build speeds, improved accuracy, and matches full metal density with minimal post-processing. This innovation could significantly expedite the production of critical aircraft components, reducing downtime. Nuburu is leveraging its existing expertise in metal welding to expand into the aerospace and automotive markets, focusing on high throughput and cost-effective manufacturing.
Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) announced its participation in the Inaugural Gilmartin Group Emerging Growth Company Showcase, scheduled for August 31, 2022, at 11:30 am ET. The virtual event aims to highlight emerging growth companies. Vicarious Surgical focuses on enhancing surgical efficiency and patient outcomes through advanced robotic technology. A live webcast will be available through a provided link, with an archived version accessible on their investor website following the event.
Sky Harbour Group Corporation (SKYH, SKYH WS) announced its Q2 2022 financial results and ongoing developments in aviation infrastructure. The company secured a new ground lease at Addison Airport, Texas, and advanced construction projects at Nashville and Miami airports. A significant transaction reduced cash ground lease payments by an estimated $30 million. The company continues to accelerate its expansion plans, affirming its commitment to establishing a nationwide network of Home-Basing Solutions for business aircraft.
Volta reported a remarkable second quarter in 2022, with a 121% year-over-year revenue increase to $15.3 million. Media revenue also soared by 73% year-over-year to $11.2 million. The company added a record 372 charging stalls, achieving a total of 2,920 stalls, marking a 48% year-over-year growth. Volta announced partnerships with Kroger and major brands like Michelin and Lyft, enhancing its advertising capabilities. However, the company reported a net loss of $37.4 million, indicating a need for improved profitability.
Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) announced its Q2 2022 financial results, revealing a significant increase in operating expenses to $19.1 million, up from $6.6 million in Q2 2021. Adjusted net loss rose to $19.1 million, or $0.16 per share, compared to a loss of $6.6 million or $0.08 per share in the previous year. The company is advancing its Beta 2 system and partnering with UH Ventures and HCA Healthcare for surgical innovations. Cash burn rate for the quarter was $15.7 million. A conference call will be held today at 4:30 p.m. ET.
Energy Vault Holdings, Inc. (NYSE: NRGV, NRGV WS) has completed the redemption of all outstanding public warrants. This involved the redemption of 9,583,333 public warrants, where 682,948 were exercised for cash at $11.50 each, and 8,602,400 were exercised on a cashless basis for 2,172,854 shares of common stock. Approximately 96.7% of public warrants were exercised before the redemption. Following this, no public warrants remain, and trading was suspended on the NYSE. The company's private placement warrants remain outstanding.
Next.e.GO Mobile SE and Athena Consumer Acquisition Corp. have announced a definitive business combination, leading to e.GO's public listing on the New York Stock Exchange under the ticker EGOX. The transaction is expected to yield gross proceeds of approximately
Vicarious Surgical Inc. (NYSE: RBOT, RBOT WS) has announced its participation in the Canaccord Genuity 42nd Annual Growth Conference set for Wednesday, August 10 at 9:30 a.m. ET. A live webcast of the presentation will be available on the company’s website, with an archive for later viewing. Founded in 2014 and headquartered in Waltham, Massachusetts, Vicarious Surgical is pioneering robotic technology aimed at enhancing surgical efficiency and patient outcomes while reducing healthcare costs.
Vicarious Surgical Inc. (NYSE: RBOT) will report its second quarter 2022 financial results on August 8, 2022, after market close. A conference call, open to investors, will begin at 4:30 p.m. Eastern Time. The company, founded in 2014, focuses on developing advanced robotics for minimally invasive surgery, aiming to enhance efficiency and reduce healthcare costs. Vicarious Surgical is backed by notable investors, including Bill Gates and Vinod Khosla, and is headquartered in Waltham, Massachusetts.
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