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Israeli 'Cannabis Sticks' Maker Reports Financial Results For 2023 Following Reverse Takeover - Vimarsana News

Israeli 'Cannabis Sticks' Maker Reports Financial Results For 2023 Following Reverse Takeover

Israeli technology and cannabinoid company StickIt Technologies announced on Monday its financial results for the year ended Dec. 31, 2023. Revenue for the fiscal 2023 amounted to CA$203 000 ($149,300), compared to CA$564 000, in the prior year. The company called 2023 a "notable year" following the "completion of a reverse takeover on Oct. 23, 2023, positioning StickIt for accelerated growth and market expansion." Simultaneously the company completed a financing of CA$441,000, consisting of 1,024,628 subscription receipts for CA$0.4304 each, which were conv...

Siemens Energy, Alfa Laval Invest in Malta Inc's Storage System - Vimarsana News

Siemens Energy, Alfa Laval Invest in Malta Inc's Storage System

The new capital will be used to accelerate deployment of Malta Inc's storage systems globally.

Malta Closes Funding to Deploy Its Long-Duration Energy Storage System - Vimarsana News

Malta Closes Funding to Deploy Its Long-Duration Energy Storage System

Siemens Energy Ventures, Alfa Laval and existing shareholders help Malta accelerate the global transition to a secure and decarbonized energy future. Malta Inc., a leader in long-duration energy storage, today

AES gets green light for molten salt energy storage project in Chile - Vimarsana News

AES gets green light for molten salt energy storage project in Chile

AES Andes has been given the regulatory green light to proceed with a 560MW molten salt based energy storage project in Chile.

Long-duration storage ready to decarbonise industry - Vimarsana News

Long-duration storage ready to decarbonise industry

Long-duration energy storage with renewable energy could reduce the emissions from industrial energy use by almost two-thirds.