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Share this article Share this article DUBLIN and MEMPHIS, Tenn., May 7, 2021 /PRNewswire/ -- (NYSE: LOKB) Navitas Semiconductor ("the Company" or "Navitas"), the industry leader in GaN Power ICs, today announced that it has entered into a definitive agreement to combine with Live Oak Acquisition Corp. II ("Live Oak II"), a publicly-traded special purpose acquisition company. The transaction, which values the combined entity at a pro forma equity value of $1.4 billion, will result in Navitas becoming a publicly traded company on a national exchange under a new ticker symbol. Gallium Nitride...

The natural gas storage report from the EIA for the week ending April 23rd indicated that the amount of natural gas held in underground storage in the US rose by 15 billion cubic feet to 1,898 billion cubic feet by the end of the week, which left our gas supplies 302 billion cubic feet, or 13.7% below the 2,200 billion cubic feet that were in storage on April 23rd of last year, and 40 billion cubic feet, or 2.1% below the five-year average of 1,938 billion cubic feet of natural gas that have been in storage as of the 23rd of April in recent years....the 15 billion cubic feet that were added t...

Thunder90 Obama will seek these 4 elements in a gun bill 1. An expanded HR 45, gun owner licensing. All gun owners will have to have these licenses, even owners of facilimie weapons (AKA Airsoft and BB). Licenses will only be granted if the records of the applicant are clean (This includes misdemeanors from decades ago). Licenses will have high renewal fees ($100-300/yr). Licensees will be required to hold $1 million in liability insurance. Possession of otherwise permitted weapons (See #3) without license is a felony. 2. Ammunition accountability... All ammo will be required to be micros...

Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S. A Manna Aero drone delivers a parcel during a flight demonstration in Dublin, Ireland. Photographer: Paulo Nunes dos Santos/Bloomberg The Series A round was led by venture capital firm Draper Esprit and drew participation from Team Europe as well as existing investors Dynamo Ventures, Atlantic Bridge and Elkstone, the Irish company said in a statement on Thursday. The startup — which designs, builds and op...

Manna, a Dublin, Ireland-based food delivery startup which uses drones, raised $25M in Series A funding. The round was led by Draper Esprit, with participation from Team Europe,  DST Global, and existing investors Dynamo Ventures, Atlantic Bridge, and Elkstone. The company intends to use the funds to expand operations and its business reach, continue to scale its fleet of drones and to begin supporting critical medical deliveries. Led by Bobby Healy, CEO & founder, Manna designs, builds and operates unmanned aerial vehicles (UAVs) which perform high-speed deliveries of takeaway food, grocer...