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Sowei 2025-01-13
No. 2 Georgia is resting its national championship hopes on backup quarterback Gunner Stockton following Carson Beck's season-ending elbow surgery on Monday. Coach Kirby Smart said Monday that Georgia is preparing Stockton to start in the Sugar Bowl on Jan. 1 in the College Football Playoff quarterfinal against No. 3 Notre Dame. Stockton took over when Beck suffered a right elbow injury in the the first half in the Bulldogs’ 22-19 overtime win over Texas in the Southeastern Conference championship game on Dec. 7 in Atlanta. Georgia announced later Monday that Beck had season-ending surgery to repair his ulnar collateral ligament in the right elbow. The procedure was performed by Dr. Neal ElAttrache in Los Angeles on Monday. Beck is expected to begin throwing next spring. Georgia's first-round bye in the playoffs has given Stockton, a sophomore, more time to prepare for his new starting role. Smart said the experience with the first-team is the primary benefit in “several practices” since the SEC championship game. “He got lots of reps prior to these practices, but he’s getting much more now,” Smart said. “I do think ... when you get ready for an opponent like Notre Dame, you need time and we have time.” The Fighting Irish advanced by beating Indiana 27-17 in the first round on Friday night. Smart said Stockton and Georgia can focus on Notre Dame. “But I think the biggest thing is just competition at practice,” Smart said. “You know, the situations we put him in. All those things allow him to get better as a quarterback.” Notre Dame coach Marcus Freeman said Stockton will require adjustments by his defense. “You evaluate, obviously, what they’ve done all season and you have a separate tape of what Stockton has done,” Freeman said Monday. “I think we have 80-something plays of him. He can run their offense. He does things a little bit differently. He can extend plays with his legs, he’s a good athlete. The thing I probably noticed most about him, he’s an ultra-competitive individual.” Georgia announced on Dec. 9 that Beck and his family were considering treatment options for his elbow. Beck suffered the injury to his throwing arm in the first half of the SEC championship game and made a dramatic return to the field for the handoff on the game-winning play in overtime. Stockton had to leave the field for one play after having his helmet knocked off. Even though he was able to take the snap and hand off to Trevor Etienne for the running back’s decisive 4-yard touchdown run, Beck was unable to raise his right arm. Stockton’s job may get a little easier with Notre Dame defensive tackle Rylie Mills out. Freeman announced Monday that Mills will miss the rest of the season with a right knee injury he suffered against Indiana. Mills had 37 tackles and 7 1/2 sacks this season and anchored the interior line while All-American Howard Cross II missed the final three regular season games with a high ankle sprain. Cross returned against Indiana. It’s yet another blow to a defense that had already lost preseason All-America cornerback Benjamin Morrison and its top two rush ends with season-ending injuries. “You can’t replace Rylie Mills,” Freeman said. “Yes, the production, but the leadership, a captain, very similar to the things I said about Benjamin when he was out. You feel awful for him as a person, a guy that came back to improve his draft stock. You’ve got to replace what he did for our defense in different ways.” Stockton completed 12 of 16 passes for 71 yards with one interception against Texas. Smart downplayed the suggestion Stockton could give the Bulldogs more options as a running quarterback. “I think we are who we are in regards to that,” Smart said. “I mean, we played an entire season, offensively. You know, Gunner’s a good athlete. I think Carson is a good athlete. So it’s one of those deals that I don’t know how much that changes things.” Beck, a fifth-year senior, is 24-3 as a starter. He started all 26 games for the Bulldogs in 2023 and 2024. He passed for 3,941 yards with 24 touchdowns and only six interceptions in 2023 but had more difficulties with turnovers this season. Beck passed for 28 touchdowns with 12 interceptions this season and completed 7 of 13 passes for 56 yards before his injury in the SEC championship game. AP Sports Writer Mike Marot contributed to this report. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballesports dubai

Marriott International Inc. stock rises Friday, still underperforms marketD2L Inc. Announces Third Quarter 2025 Financial ResultsNEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global e-bike market size is estimated to grow by USD 16.48 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.95% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Battery Type 1.1 SLA batteries 1.2 Li-ion batteries Propulsion 2.1 Pedal assist 2.2 Throttle assist Geography 3.1 APAC 3.2 Europe 3.3 North America 3.4 South America 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: SLA batteries, also known as sealed lead-acid (SLA) batteries or gel cells, are a common choice for electric bikes (e-bikes) due to their affordability and ease of maintenance. These batteries have a coagulated sulfuric acid electrolyte and are partially sealed, with vents to release gases formed during overcharging. SLA batteries are heavier and larger than lithium-ion batteries, impacting the overall weight and handling of the e-bike. They also have a lower energy density and capacity compared to lithium-ion batteries. Despite these functional disadvantages, SLA batteries remain popular due to their low cost and wide availability. However, they contain 70% lead, which can negatively impact the environment during manufacturing, usage, recycling, and disposal. The SLA batteries segment is expected to maintain its leading position in the global e-bike market due to their affordability and accessibility. Analyst Review The e-bike market is experiencing significant growth as more people seek eco-friendly solutions for commuting and transportation. Fuel prices and environmental concerns are driving the demand for electric bicycles, which offer a cost-effective and sustainable alternative to cars and motorcycles. Governments around the world are investing in bicycle highway lanes and incentives to encourage the use of e-bikes, reducing traffic congestion and noise pollution. E-bikes come in various types and modes, including cargo bikes, mountain bikes, and commuting models. Their benefits include the ability to tackle hills and long distances with ease, thanks to powerful motors and lithium-ion batteries. Consumers appreciate the lack of need for a driver's license or insurance, as well as the low weight and ease of use. Despite the advancements in e-bike technology, there are challenges, such as regulations, overstocks, and the occasional lack of infrastructure. However, the market continues to evolve, with new models and components, such as throttle controls, being introduced regularly to meet the needs of riders. Overall, e-bikes offer a versatile and efficient transportation solution for people looking to reduce their carbon footprint and save money on fuel costs. Market Overview The E-Bike Market is experiencing significant growth as more people seek eco-friendly solutions for transportation due to rising fuel prices and government regulations aimed at reducing CO2 emissions and air pollution. The popularity of e-bikes is on the rise, especially among young adults, males, and cyclist organizations, as they offer a convenient and cost-effective alternative to cars for commuting and recreational activities like mountain biking, off-road sports, and adventure. However, the market faces challenges such as a lack of infrastructure, including bike lanes, and regulatory hurdles in various countries. The E-Bike Market Ecosystem consists of raw material suppliers, component manufacturers, e-bike manufacturers, and end users. The market offers various types of e-bikes, including Class-II and Class-III e-Bikes, mopeds, and cargo e-bikes, powered by hub motor drives or mid-drive motors and lithium-ion batteries. The market is also witnessing advancements in technologies, such as connected e-bikes, and new modes of transportation, such as e-bike sharing services. Governments worldwide are offering incentives to promote the adoption of e-bikes and e-scooters to reduce congestion and carbon footprints. Despite these advantages, challenges such as the lack of standardization, safety concerns, and competition from traditional modes of transportation, such as motorcycles, persist. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. Despite the challenges, the E-Bike Market is poised for growth, driven by the need for sustainable transportation solutions, government regulations, and consumer demand. The market is expected to witness significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features, which will make e-bikes more accessible, affordable, and convenient for consumers. In conclusion, the E-Bike Market is an exciting and dynamic space, driven by the need for sustainable transportation solutions, consumer demand, and government regulations. The market offers a range of e-bike types, from city/urban e-bikes to cargo e-bikes, and is witnessing significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features. Despite the challenges, the market is expected to continue growing, driven by the benefits of e-bikes, such as cost savings, health benefits, and environmental sustainability. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/e-bike-market-size-to-increase-by-usd-16-48-billion-between-2023-to-2028--market-segmentation-by-battery-type-propulsion-geography---technavio-302331242.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ARLINGTON, Va., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months and full fiscal year ended September 30, 2024. Fiscal Year 2024 Financial Highlights Record revenue for fiscal year 2024 of approximately $2.7 billion and revenue for the fourth quarter of approximately $1.2 billion, representing an increase of approximately 22% from fiscal year 2023 and an increase of approximately 82% from the same quarter last year, respectively. GAAP gross profit margin improved to approximately 12.6% and 12.8% for fiscal year 2024 and the fourth quarter, respectively, compared to approximately 6.4% and 11.3% for fiscal year 2023 and the same quarter last year, respectively, reflecting the Company's continued focus on ongoing profit improvement strategies. Net income of approximately $30.4 million and $67.7 million for fiscal year 2024 and the fourth quarter, respectively, improved from a net loss of approximately $104.8 million and net income of approximately $4.8 million, for fiscal year 2023 and the same quarter last year, respectively. Adjusted EBITDA 1 of approximately $78.1 million and $86.9 million for fiscal year 2024 and the fourth quarter, respectively, improved from approximately negative $61.4 million and $19.8 million for fiscal year 2023 and the same quarter last year, respectively. Quarterly order intake of approximately $1.2 billion, compared to approximately $737 million for the same quarter last year. Backlog 2 increased to approximately $4.5 billion as of September 30, 2024, compared to approximately $2.9 billion as of September 30, 2023. Financial Position Total Cash 3 of approximately $518.7 million as of September 30, 2024, representing an increase of approximately $56.0 million from September 30, 2023. Net cash provided by operating activities was approximately $79.7 million, compared to approximately negative $111.9 million for fiscal year 2023. Free cash flow 1 was approximately $71.6 million, compared to approximately negative $114.9 million for fiscal year 2023. Fiscal Year 2025 Outlook The Company is initiating fiscal year 2025 guidance as follows: Revenue of approximately $3.6 billion to $4.4 billion with a midpoint of $4.0 billion. Presently, approximately 65% of the midpoint of the Company's revenue guidance is covered by the Company's current backlog, in line with our fiscal 2024 revenue coverage at the same time period last year. Adjusted EBITDA 4 of approximately $160 million to $200 million with a midpoint of $180 million. Annual recurring revenue ("ARR") of about $145 million by the end of fiscal year 2025. The foregoing Fiscal Year 2025 Outlook statements represent management's current best estimate as of the date of this release. Actual results may differ materially depending on a number of factors. Investors are urged to read the Cautionary Note Regarding Forward-Looking Statements included in this release. Management does not assume any obligation to update these estimates. "Our record financial results for 2024 are a testament to our team's dedication, operational efficiency, and commitment to delivering value to our stakeholders as we achieved our highest ever revenue and profitability, marking a significant milestone in the Company's growth trajectory. Furthermore, we had our second consecutive quarter of signing more than $1 billion of new orders, which brought our backlog to $4.5 billion, underscoring the market's strong confidence in our energy storage solutions," said Julian Nebreda, the Company’s President and Chief Executive Officer. "As we look forward, we see unprecedented demand for battery energy storage solutions across the world, driven principally by the U.S. market. We believe we are well positioned to continue capturing this market with our best-in-class domestic content offering which utilizes U.S. manufactured battery cells." "We are pleased with our strong fiscal year-end performance, achieving record revenue growth, robust margin expansion and free cash flow. We also generated positive net income for the first time," said Ahmed Pasha, Chief Financial Officer. "With backlog and development pipeline at record levels, we enter fiscal 2025 poised for sustained profitable growth." Share Count The shares of the Company’s common stock as of September 30, 2024 are presented below: Conference Call Information The Company will conduct a teleconference starting at 8:30 a.m. EST on Tuesday, November 26, 2024, to discuss the fourth quarter and full fiscal year 2024 financial results. To participate, analysts are required to register by clicking Fluence Energy Inc. Q4 Earnings Call Registration Link . Once registered, analysts will be issued a unique PIN number and dial-in number. Analysts are encouraged to register at least 15 minutes before the scheduled start time. General audience participants, and non-analysts are encouraged to join the teleconference in a listen-only mode at: Fluence Energy Inc. Q4 Listen Only - Webcast , or on http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Supplemental materials that may be referenced during the teleconference will be available at: http://fluenceenergy.com, by selecting Investors, News & Events, and Events & Presentations. A replay of the conference call will be available after 1:00 p.m. EST on Tuesday, November 26, 2024. The replay will be available on the Company’s website at http://fluenceenergy.com by selecting Investors, News & Events, and Events & Presentations. Non-GAAP Financial Measures We present our operating results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). We believe certain financial measures, such as Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Profit Margin, and Free Cash Flow, which are non-GAAP measures, provide users of our financial statements with supplemental information that may be useful in evaluating our operating performance. We believe that such non-GAAP measures, when read in conjunction with our operating results presented under GAAP, can be used to better assess our performance from period to period and relative to performance of other companies in our industry, without regard to financing methods, historical cost basis or capital structure. Such non-GAAP measures should be considered as a supplement to, and not as a substitute for, financial measures prepared in accordance with GAAP. These measures have limitations as analytical tools, including that other companies, including companies in our industry, may calculate these measures differently, reducing their usefulness as comparative measures. Adjusted EBITDA is calculated from the consolidated statements of operations using net income (loss) adjusted for (i) interest income, net, (ii) income taxes, (iii) depreciation and amortization, (iv) stock-based compensation, and (v) other non-recurring income or expenses. Adjusted EBITDA also includes amounts impacting net income related to estimated payments due to related parties pursuant to the Tax Receivable Agreement, dated October 27, 2021, by and among Fluence Energy, Inc., Fluence Energy, LLC, Siemens Industry, Inc. and AES Grid Stability, LLC (the “Tax Receivable Agreement”). Adjusted Gross Profit is calculated using gross profit, adjusted to exclude (i) stock-based compensation expenses, (ii) amortization, and (iii) other non-recurring income or expenses. Adjusted Gross Profit Margin is calculated using Adjusted Gross Profit divided by total revenue. Free Cash Flow is calculated from the consolidated statements of cash flows and is defined as net cash provided by (used in) operating activities, less purchase of property and equipment made in the period. We expect our Free Cash Flow to fluctuate in future periods as we invest in our business to support our plans for growth. Limitations on the use of Free Cash Flow include (i) it should not be inferred that the entire Free Cash Flow amount is available for discretionary expenditures (for example, cash is still required to satisfy other working capital needs, including short-term investment policy, restricted cash, and intangible assets); (ii) Free Cash Flow has limitations as an analytical tool, and it should not be considered in isolation or as a substitute for analysis of other GAAP financial measures, such as net cash provided by operating activities; and (iii) this metric does not reflect our future contractual commitments. Please refer to the reconciliations of the non-GAAP financial measures to their most directly comparable GAAP financial measures included in this press release and the accompanying tables contained at the end of this release. The Company is not able to provide a quantitative reconciliation of full fiscal year 2025 Adjusted EBITDA to GAAP Net Income (Loss) on a forward-looking basis within this press release because of the uncertainty around certain items that may impact Adjusted EBITDA, including stock compensation and restructuring expenses, that are not within our control or cannot be reasonably predicted without unreasonable effort. About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on LinkedIn or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release and statements that are made on our earnings call that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements set forth above under “Fiscal Year 2025 Outlook,” and other statements regarding the Company's future financial and operational performance, future market and industry growth and related opportunities for the Company, anticipated Company growth and business strategy, including future incremental working capital and capital opportunities, liquidity and access to capital and cash flows, demand for electricity and impact to energy storage, demand for the Company's energy storage solutions, services, and digital applications offerings, our positioning to capture market share with domestic content offering and future offerings, expected impact and benefits from the Inflation Reduction Act of 2022 and U.S. Treasury domestic content guidelines on us and on our customers, anticipated timeline of U.S. battery module production and timing of our domestic content offering, expectations relating to our contracting manufacturing capacity, potential impact to tariffs, related policies, and regulations from the change in political administration, new products and solutions and product innovation, relationships with new and existing customers and suppliers, expectations relating to backlog, pipeline, and contracted backlog, future revenue recognition, future results of operations, future capital expenditures and debt service obligations, and projected costs, beliefs, assumptions, prospects, plans and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” "commits", “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the global trade environment; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers’ ability to finance energy storage systems and demand for our energy storage solutions; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; barriers arising from current electric utility industry policies and regulations and any subsequent changes; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a “controlled company” within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC’s ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and other factors set forth under Item 1A.“Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, to be filed with the Securities and Exchange Commission (“SEC”), and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. Accounts payable with related parties of $2.5 million and Accruals with related parties of $3.7 million as of September 30, 2023, were reclassified from Deferred revenue and payables with related parties to Accounts payable and Accruals and provisions, respectively, on the consolidated balance sheet. The reclassification had no impact on the total current liabilities for any period presented. Corresponding reclassifications were also reflected on the consolidated statement of cash flows for the fiscal year ended September 30, 2023 and 2022. The reclassifications had no impact on cash provided by (used in) operations for the period presented. Provision on loss contracts, net of $6.1 million and $30.0 million for the fiscal years ended September 30, 2023 and 2022, respectively, was reclassified to current accruals and provisions on the consolidated statement of cash flows. The reclassification had no impact on cash provided by (used in) operations for the period presented. The following tables present our key operating metrics for the fiscal years ended September 30, 2024 and 2023. The tables below present the metrics in either Gigawatts (GW) or Gigawatt hours (GWh). Our key operating metrics focus on project milestones to measure our performance and designate each project as either “deployed”, “assets under management”, “contracted backlog”, or “pipeline”. The following table presents our order intake for the three months and fiscal years ended September 30, 2024 and 2023. The table is presented in Gigawatts (GW): Deployed Deployed represents cumulative energy storage products and solutions that have achieved substantial completion and are not decommissioned. Deployed is monitored by management to measure our performance towards achieving project milestones. Assets Under Management Assets under management for service contracts represents our long-term service contracts with customers associated with our completed energy storage system products and solutions. We start providing maintenance, monitoring, or other operational services after the storage product projects are completed. In some cases, services may be commenced for energy storage solutions prior to achievement of substantial completion. This is not limited to energy storage solutions delivered by Fluence. Assets under management for digital software represents contracts signed and active (post go live). Assets under management serves as an indicator of expected revenue from our customers and assists management in forecasting our expected financial performance. Contracted Backlog For our energy storage products and solutions contracts, contracted backlog includes signed customer orders or contracts under execution prior to when substantial completion is achieved. For service contracts, contracted backlog includes signed service agreements associated with our storage product projects that have not been completed and the associated service has not started. For digital applications contracts, contracted backlog includes signed agreements where the associated subscription has not started. We cannot guarantee that our contracted backlog will result in actual revenue in the originally anticipated period or at all. Contracted backlog may not generate margins equal to our historical operating results. We have only recently begun to track our contracted backlog on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our contracted backlog fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Contracted/Order Intake Contracted, which we use interchangeably with “order intake”, represents new energy storage product and solutions contracts, new service contracts and new digital contracts signed during each period presented. We define “Contracted” as a firm and binding purchase order, letter of award, change order or other signed contract (in each case an “Order”) from the customer that is received and accepted by Fluence. Our order intake is intended to convey the dollar amount and gigawatts (operating measure) contracted in the period presented. We believe that order intake provides useful information to investors and management because the order intake provides visibility into future revenue and enables evaluation of the effectiveness of the Company’s sales activity and the attractiveness of its offerings in the market. Pipeline Pipeline represents our uncontracted, potential revenue from energy storage products and solutions, service, and digital software contracts, which have a reasonable likelihood of contract execution within 24 months. Pipeline is an internal management metric that we construct from market information reported by our global sales force. Pipeline is monitored by management to understand the anticipated growth of our Company and our estimated future revenue related to customer contracts for our battery-based energy storage products and solutions, services and digital software. We cannot guarantee that our pipeline will result in actual revenue in the originally anticipated period or at all. Pipeline may not generate margins equal to our historical operating results. We have only recently begun to track our pipeline on a consistent basis as performance measures, and as a result, we do not have significant experience in determining the level of realization that we will achieve on these contracts. Our customers may experience project delays or cancel orders as a result of external market factors and economic or other factors beyond our control. If our pipeline fails to result in revenue as anticipated or in a timely manner, we could experience a reduction in revenue, profitability, and liquidity. Annual Recurring Revenue (ARR) ARR represents the net annualized contracted value including software subscriptions including initial trial, licensing, long term service agreements, and extended warranty agreements as of the reporting period. ARR excludes one-time fees, revenue share or other revenue that is non-recurring and variable. The Company believes ARR is an important operating metric as it provides visibility to future revenue. It is important to management to increase this visibility as we continue to expand. ARR is not a forecast of future revenue and should be viewed independently of revenue and deferred revenue as ARR is an operating metric and is not intended to replace these items. The following tables present our non-GAAP measures for the periods indicated. ____________________________ 1 Non-GAAP Financial Metric. See the section below titled “Non-GAAP Financial Measures” for more information regarding the Company's use of non-GAAP financial measures, as well as a reconciliation to the most directly comparable financials measure stated in accordance with GAAP. 2 Backlog represents the unrecognized revenue value of our contractual commitments, which include deferred revenue and amounts that will be billed and recognized as revenue in future periods. The Company’s backlog may vary significantly each reporting period based on the timing of major new contractual commitments and the backlog may fluctuate with currency movements. In addition, under certain circumstances, the Company’s customers have the right to terminate contracts or defer the timing of its services and their payments to the Company. 3 Total cash includes Cash and cash equivalents + Restricted Cash + Short term investments.Stocks to Watch: Gap, Intuit, Matthews International

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IRVINE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Oncocyte Corp. (NASDAQ: OCX), a diagnostics technology company, today announced the publication of favorable data regarding its DetermaCNITM assay. In a paper recently published in the journal Acta Neuropathologica Communications, DetermaCNI showed promise as a liquid biopsy method for diagnosing and profiling central nervous system tumors by measuring somatic copy number aberrations (SCNAs) in cerebrospinal fluid. For context, copy number instability (CNI) is a scientifically well-known hallmark of cancer. DetermaCNITM is a patented approach to measuring CNI for the diagnosis and monitoring of cancer. Nearly 300,000 patients in the U.S. each year face primary brain tumors or brain metastasis 1 . The current standard of care for the confirmation and classification of brain tumors often involves high-risk, highly invasive biopsy of brain tissue. Thus, a liquid biopsy method for diagnosing brain tumors could offer significant benefits over currently available methods, representing a potential $300 million U.S. market opportunity. Among the study authors were Oncocyte Chief Science Officer Ekke Schuetz and Senior R&D Director Julia Beck. "This was a proof of principle study to assess whether copy number instability could be measured in the cerebrospinal fluid of patients with brain cancer. The findings suggest that a significant number of the nearly 300,000 patients diagnosed with brain tumors every year in the U.S. could benefit from DetermaCNI,” Dr. Schuetz said. "We congratulate the research team in Frankfurt on the publication of this study in an area of high unmet need.” As noted in the paper, the gold standard for precise diagnostic classification of brain tumors requires a biopsy, with risks including limited sensitivity and failing to measure the diverse potential regions of the tumor. SCNAs were observed in the cerebrospinal fluid of ten out of the 12 patients with confirmed central nervous system cancers. SCNAs were not observed in any of the 11 patients with benign or unclear central nervous system lesions. The detection of SCNAs is highly specific for tumor-derived cell-free DNA (cfDNA). Overall, this new study demonstrates DetermaCNI's potential for providing a molecularly informed diagnosis of central nervous system cancers, mapping tumor heterogeneity, tracking tumor evolution, and surveilling tumor patients through a liquid biopsy of cerebrospinal fluid. Oncocyte believes this study validates the future clinical potential for DetermaCNI, as well as the direction of the company's research and development pipeline, which is designed to drive sustained rapid growth over the next decade. Oncocyte's mission is to democratize access to molecular diagnostic testing to improve patient outcomes. The company is investing in developing products to serve the separate verticals of organ transplant testing and oncology. Oncocyte is presently commercializing its transplant product line, which includes the VitaGraftTM and GraftAssureTM tests. It expects to commercialize its oncology assays over the next two years. _______________ 1 "Brain Metastases.” MD Anderson Cancer Center , www.mdanderson.org/cancer-types/brain-metastases.html. And "Brain Tumor Facts.” National Brain Tumor Society , 20 Feb. 2024, braintumor.org/brain-tumors/about-brain-tumors/brain-tumor-facts/. About Oncocyte Oncocyte is a diagnostics technology company. The Company's tests are designed to help provide clarity and confidence to physicians and their patients. VitaGraftTM is a clinical blood-based dd-cfDNA solid organ transplantation monitoring test. GraftAssureTM is a research use only (RUO) blood-based solid dd-cfDNA organ transplantation monitoring test kit for decentralized use. DetermaIOTM is a gene expression test that assesses the tumor microenvironment to predict response to immunotherapies. DetermaCNITM is a blood-based monitoring tool for monitoring therapeutic efficacy in cancer patients. For more information about Oncocyte, please visit https://oncocyte.com/ . For more information about our products, please visit the following web pages: VitaGraft KidneyTM - https://oncocyte.com/vitagraft-kidney/ VitaGraft Liver TM - https://oncocyte.com/vitagraft-liver/ GraftAssureTM - https://oncocyte.com/graftassure/ DetermaIOTM - https://oncocyte.com/determa-io/ DetermaCNITM - https://oncocyte.com/determa-cni/ VitaGraftTM, GraftAssureTM, DetermaIOTM, and DetermaCNITM are trademarks of Oncocyte Corporation. CONTACT: Jeff Ramson PCG Advisory (646) 863-6893 [email protected] Forward-Looking Statements Any statements that are not historical fact (including, but not limited to statements that contain words such as "will,” "believes,” "plans,” "anticipates,” "expects,” "estimates,” "may,” and similar expressions) are forward-looking statements. These statements include those pertaining to, among other things, the belief that the new study validates the future clinical potential for DetermaCNI, as well as the direction of the company's research and development pipeline, the expectation that Oncocyte will commercialize its oncology assays over the next two years, and other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management. Forward-looking statements involve risks and uncertainties, including, without limitation, risks inherent in the development and/or commercialization of diagnostic tests or products, uncertainty in the results of clinical trials or regulatory approvals, the capacity of Oncocyte's third-party supplied blood sample analytic system to provide consistent and precise analytic results on a commercial scale, potential interruptions to supply chains, the need and ability to obtain future capital, maintenance of intellectual property rights in all applicable jurisdictions, obligations to third parties with respect to licensed or acquired technology and products, the need to obtain third party reimbursement for patients' use of any diagnostic tests Oncocyte or its subsidiaries commercialize in applicable jurisdictions, and risks inherent in strategic transactions such as the potential failure to realize anticipated benefits, legal, regulatory or political changes in the applicable jurisdictions, accounting and quality controls, potential greater than estimated allocations of resources to develop and commercialize technologies, or potential failure to maintain any laboratory accreditation or certification. Actual results may differ materially from the results anticipated in these forward-looking statements and accordingly such statements should be evaluated together with the many uncertainties that affect the business of Oncocyte, particularly those mentioned in the "Risk Factors” and other cautionary statements found in Oncocyte's Securities and Exchange Commission (SEC) filings, which are available from the SEC's website. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Oncocyte undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.UNITY TOWNSHIP, Pa. — The team looking for a missing Pennsylvania woman believed to have fallen into a sinkhole has determined that an abandoned coal mine is too unstable for people to safely search underground, authorities said Wednesday while still expressing hope Elizabeth Pollard will be found alive. Rescue workers continue to search for Elizabeth Pollard, who is believed to have disappeared in a sinkhole while looking for her cat, Wednesday in Marguerite, Pa. Emergency crews and others have been trying to find Pollard, 64, for two days. Her relatives reported her missing early Tuesday and her vehicle with her unharmed 5-year-old granddaughter inside was found about two hours later, near what is thought to be a freshly opened sinkhole above the long closed, crumbling mine. Authorities said in a noon update that the roof of the mine collapsed in several places and is not stable. The sinkhole is in the village of Marguerite, about 40 miles east of Pittsburgh. “We did get, you know, where we wanted, where we thought that she was at. We’ve been to that spot," said Pleasant Unity Fire Chief John Bacha, the incident's operations officer. “What happened at that point, I don’t know, maybe the slurry of mud pushed her one direction. There were several different seams of that mine, shafts that all came together where this happened at.” Trooper Cliff Greenfield said crews were still actively searching for Pollard. “We are hopeful that she’s found alive,” Greenfield said. Searchers were using electronic devices and cameras as surface digging continued with the use of heavy equipment, Bacha said. Search dogs may also be used. Rescue workers search through the night in a sinkhole for Elizabeth Pollard, who disappeared while looking for her cat, Tuesday in Marguerite, Pa. On Wednesday afternoon, machinery was removing material from the area around the hole while police and other government vehicles blocked a clear view of the scene. Sinkholes occur in the area because of subsidence from coal mining activity. Rescuers had been using water to break down and remove clay and dirt from the mine, which has been closed since the 1950s, but that increased the risk “for potential other mine subsidence to take place," Pennsylvania State Police spokesperson Trooper Steve Limani said. Crews lowered a pole camera with a sensitive listening device into the hole, but it detected nothing. Another camera lowered into the hole showed what could be a shoe about 30 feet below the surface, Limani said. Searchers have also deployed drones and thermal imaging equipment, to no avail. Marguerite Fire Chief Scot Graham, the incident commander, said access to the immediate area surrounding the hole was being tightly controlled and monitored, with rescuers attached by harness. The top of a sinkhole is seen Tuesday in the village of Marguerite, Pa., where rescuers searched for a woman who disappeared. “We cannot judge as to what’s going on underneath us. Again, you had a small hole on top but as soon as you stuck a camera down through to look, you had this big void,” Graham said. “And it was all different depths. The process is long, is tedious. We have to make sure that we are keeping safety in the forefront as well as the rescue effort.” Bacha said they were “hoping that there’s a void that she could still be in.” Pollard's family called police at about 1 a.m. Tuesday to say she had not been seen since going out at about 5 p.m. Monday to search for Pepper, her cat. The temperature dropped well below freezing that night. Her son, Axel Hayes, said Pollard is a happy woman who likes going out to have fun. She and her husband adopted Hayes and his twin brother when they were infants. Hayes called Pollard “a great person overall, a great mother” who “never really did anybody wrong.” He said at one point Pollard had about 10 cats. “Every cat that she’s ever come in contact with, she has a close bond with them,” Hayes said. His mother worked for many years at Walmart but recently was not employed, he said. “I’m just hoping right now that she’s still with us and she’s able to come back to us,” he said. Police said they found Pollard's car parked behind Monday's Union Restaurant in Marguerite, about 20 feet from the sinkhole. Hunters and restaurant workers in the area said they had not noticed the manhole-size opening in the hours before Pollard disappeared, leading rescuers to speculate that the sinkhole was new. “It almost feels like it opened up with her standing on top of it,” Limani said. Searchers accessed the mine late Tuesday afternoon and dug a separate entrance out of concern that the ground around the sinkhole opening was not stable. “Let’s be honest, we need to get a little bit lucky, right?” Limani said Wednesday. “We need a little bit of luck on our side. We need a little bit of God’s good blessing on our side.” Pollard lives in a small neighborhood across the street from where her car and granddaughter were located, Limani said. The young girl “nodded off in the car and woke up. Grandma never came back," Limani said. The child stayed in the car until two troopers rescued her. It's not clear what happened to Pepper. In an era of rapid technological advancement and environmental change, American agriculture is undergoing a revolution that reaches far beyond the farm gate. From the food on consumer plates to the economic health of rural communities, the transformation of U.S. farming practices is reshaping the nation's landscape in ways both visible and hidden. LandTrust explores how these changes impact everyone, whether they live in the heartland or the heart of the city. The image of the small family farm, while still a reality for many, is increasingly giving way to larger, more technologically advanced operations. According to the USDA, the number of farms in the U.S. has fallen from 6.8 million in 1935 to about 2 million today, with the average farm size growing from 155 acres to 444 acres. This shift has profound implications for rural communities and the food system as a whole. Despite these changes, diversity in farming practices is on the rise. A landmark study published in Science , involving data from over 2,000 farms across 11 countries, found that diversifying farmland simultaneously delivers environmental and social benefits. This challenges the longstanding idea that practices boosting biodiversity must come at a cost to yields and food security. The adoption of precision agriculture technologies is transforming how farmers manage their land and resources. GPS-guided tractors, drone surveillance, and AI-powered crop management systems are becoming commonplace on many farms. These technologies allow farmers to apply water, fertilizers, and pesticides with pinpoint accuracy, reducing waste and environmental impact while improving yields. However, the digital divide remains a challenge. More than 22% of rural communities lack reliable broadband internet access, hindering the widespread implementation of AI and other advanced technologies in agriculture. While technology offers new opportunities, farmers are also facing significant economic challenges. The USDA's 2024 farm income forecast projects a 4.4% decline in net farm income from 2023, following a sharp 19.5% drop from 2022 to 2023. This financial pressure is compounded by rising production costs and market volatility. Climate variability adds another layer of complexity. Extreme weather events, changing precipitation patterns, and shifting growing seasons are forcing farmers to adapt quickly. These factors could reduce agricultural productivity by up to 25% over the coming decades without significant adaptation measures. But adapting requires additional financial resources, further straining farm profitability. In the face of these challenges, many farmers are turning to diversification as a strategy for resilience and profitability. The Science study mentioned earlier found that farms integrating several diversification methods supported more biodiversity while seeing simultaneous increases in human well-being and food security. Agritourism is one popular diversification strategy. In 2022, 28,600 U.S. farms reported agritourism income, averaging gross revenue of $44,000 from these activities. Activities like farm tours, pick-your-own operations, and seasonal festivals not only provide additional income but also foster a deeper connection between consumers and agriculture. The changing face of agriculture is directly impacting consumers. The rise of farm-to-table and local food movements reflects a growing interest in where our food comes from and how it's produced. If every U.S. household spent just $10 per week on locally grown food, it would generate billions of dollars for local economies. However, the larger challenges in agriculture can also lead to price fluctuations at the grocery store. The USDA's Economic Research Service projects that food-at-home prices will increase between 1.2% and 2.2% in 2024. Looking ahead, several innovations are poised to reshape agriculture: The transformation of American agriculture affects everyone, from the food we eat to the health of our environment and rural communities. Consumers have the power to support sustainable and diverse farming practices through our purchasing decisions. As citizens, they can advocate for policies that support farmers in adopting innovative and sustainable practices. The challenges facing agriculture are complex, but they also present opportunities for innovation and positive change. By understanding and engaging with these issues, everyone can play a part in shaping a more resilient, sustainable, and equitable food system for the future. This story was produced by LandTrust and reviewed and distributed by Stacker. Get local news delivered to your inbox!

Qatar tribune Tribune News Network Doha Doha Bank announced its role as the Official Bank Sponsor for the 13th Doha Marathon by Ooredoo, set for January 17, 2025. The partnership highlights Doha Bank’s continued commitment to initiatives that drive wellness, social responsibility, and meaningful community impact throughout Qatar. The Doha Marathon by Ooredoo has become a landmark event in Qatar, bringing together participants from all walks of life for a celebration of health, fitness, and community spirit. With a range of race categories available, including the 1km, 5km, 10km, half marathon, and full marathon, the event caters to participants of all ages and fitness levels, fostering inclusivity and promoting a healthy, active lifestyle. Commenting on the sponsorship, Yousef Abdulla A M Al-Meer, Head - Strategy, Marketing & ESG at Doha Bank, said: “Our partnership with the Doha Marathon by Ooredoo exemplifies Doha Bank’s deep commitment to fostering community wellness, resilience, and positive change. This marathon represents the power of unity, and as the Official Bank Sponsor, we are proud to support an event that empowers individuals and strengthens bonds across Qatar. Through initiatives like this, Doha Bank continues to drive impact beyond banking, reinforcing our role as a partner in Qatar’s journey towards a healthier, more sustainable future.” Sabah Rabiah Al-Kuwari, Director Public Relations, CSR & Sponsorship at Ooredoo Qatar, added, “We are proud to partner with Doha Bank as our Golden Sponsor, a collaboration that reflects our shared vision to inspire and support Qatar’s community in leading healthier, more active lifestyles.” The 2025 edition of the marathon is expected to draw even greater participation than last year, which saw a record-breaking number of over 13,000 runners from 124 countries. Through this sponsorship, Doha Bank reaffirms its dedication to CSR efforts that empower and uplift the community, aligning with the bank’s commitment to social responsibility, sustainable development, and Qatar National Vision 2030. Copy 05/12/2024 10

Were involved in grenade attack PILIBHIT/CHANDIGARH, Dec 23: Three suspected Khalistani terrorists allegedly involved in the grenade attack in Gurdaspur were killed in an encounter with police in Pilibhit early today, with Punjab’s Director General of Police Gaurav Yadav terming it as a major breakthrough against a Pakistan-sponsored terror module. The success comes after three blasts which took place in different districts of Punjab this month. The gunfight between members of the Khalistan Zindabad Force (KZF) and a joint team of Uttar Pradesh Police and Punjab Police took place in Puranpur area of Pilibhit after three module members opened fire at the police party. DGP Yadav said the three have been identified as Varinder Singh alias Ravi (23), Gurvinder Singh (25) and Jashanpreet Singh alias Partap Singh (18). They are residents of Kalanaur police station and are accused of hurling a hand grenade at the Bakshiwala police post in Kalanaur in Punjab’s Gurdaspur district on December 18, a Punjab police statement said on Monday. No one was injured in the Bakshiwala incident. Terrorist organisation KZF had later used social media platform to claim the responsibility for this act of terror. Amitabh Yash, Additional Director General (Law and Order), Uttar Pradesh Police said the trio was involved in the grenade attack on a police checkpoint in Gurdaspur. “The three sustained serious injuries in the encounter and were immediately rushed to CHC Puranpur for treatment,” he said. The ADG said that the three suspects later succumbed to their injuries. Two AK-47 rifles, two Glock pistols and a huge cache of ammunition were seized from them, he said. In a major breakthrough against Pakistan ISI-sponsored KZF terror module, a joint operation of Punjab Police and Uttar Pradesh Police led to an encounter with three module members involved in grenade attack at Police establishment in Gurdaspur, said DGP Yadav. According to a Punjab police statement, the DGP said preliminary investigation has revealed that this terror module is controlled by Pak-based Ranjeet Singh Nita, the chief of KZF, and operated by Greece-based Jaswinder Singh Mannu, a native of village Agwan village in Kalanaur. Accused Varinder alias Ravi, who was leading the module, also belongs to Agwan village. He was being further controlled and masterminded by UK-based Jagjeet Singh and was using assumed identity of Fateh Singh Baghi to also claim the responsibility of the grenade attack, the DGP said, according to the statement. In a post on X, DGP Yadav said, “This module is controlled by Ranjeet Singh Nita... It is further controlled by Jagjeet Singh, based in the #UK and serving in the #British Army. Jagjeet Singh used the identity of Fateh Singh Baggi.” Investigations are underway to expose all the connections and members of the module and more recoveries and arrests are likely, he said. Sharing operation details, Punjab’s Deputy Inspector General of Police (DIG) Border Range Satinder Singh said following reliable inputs about suspects having fled to UP and taking shelter somewhere there at Pilibhit, the Gurdaspur Police immediately informed the Pilibhit police and also moved police teams from Gurdaspur to Pilibhit to launch a joint operation. Police teams had successfully traced the accused persons who, when confronted, opened fire at the police teams, prompting the police parties to retaliate, Satinder Singh said. During the exchange of fire, the three accused persons sustained bullet injuries and were immediately taken to CHC Puranpur for urgent medical treatment, he added. Senior Superintendent of Police (SSP), Gurdaspur, Harish Dayama said further investigations are going on to expose all connections and members of this terror module and more arrests and recoveries likely in coming days. A case FIR dated December 19 was already registered under sections 109 and 324 (4) of the Bharatiya Nyaya Sanhita (BNS) and section 4 (5) of the Explosive Act at Police Station at Kalanaur. Sections 13, 16, 17, 18-B, 20, 35 and 40 of the Unlawful Activities (Prevention) Act have now been added in the FIR, the police statement said. Referring to the grenade attack, Congress MP Sukhjinder Randhawa said, “Till today, police were not accepting that there was an attack. They claimed that a tyre had exploded.” He alleged a “big conspiracy” is underway to destabilise Punjab and the state is being harmed. Industries are leaving, people don’t want to work here, youngsters are leaving as they are afraid, he told PTI Videos. The Punjab Government and the BJP-led Central Government are hand in glove with each other, and the two are working towards the same goal — how to finish Punjab, the MP alleged. “Today drones and RDX are coming into Punjab from Pakistan. The IEDs that are planted, where are they coming from? Punjab Police has laid down arms before criminals. I have written to the Union Home Minister and I also request the Chief Minister of Punjab to protect the people of Punjab,” he said. Randhawa said MPs from Punjab have also sought time from Union Home Minister Amit Shah on many occasions for a meeting but he “did not deem it important to hear us out”. “Punjab is a border state and Pakistan is fighting a proxy war with India through Punjab,” he said, adding that he told Shah in Parliament that he needed to discuss an issue related to national security with him. “He (Shah) told me that we would meet later in the day but I was never allotted time for the meeting,” Randhawa claimed. The blast outside the Bakshiwala police chowki was the second such incident in Punjab last week and the third this month. A blast had occurred at Islamabad police station in Amritsar on December 17. However, no one was injured in the incident. The Islamabad police station incident had taken place a fortnight after a hand grenade was lobbed at a police post in Nawanshahr. Some people attacked Asron police post in the Kathgarn police station in Nawanshahr by hurling a hand grenade in its premises on December 2. (PTI)

No. 2 Georgia is resting its national championship hopes on backup quarterback Gunner Stockton following Carson Beck's season-ending elbow surgery on Monday. Coach Kirby Smart said Monday that Georgia is preparing Stockton to start in the Sugar Bowl on Jan. 1 in the College Football Playoff quarterfinal against No. 3 Notre Dame. Stockton took over when Beck suffered a right elbow injury in the the first half in the Bulldogs’ 22-19 overtime win over Texas in the Southeastern Conference championship game on Dec. 7 in Atlanta. Georgia announced later Monday that Beck had season-ending surgery to repair his ulnar collateral ligament in the right elbow. The procedure was performed by Dr. Neal ElAttrache in Los Angeles on Monday. Beck is expected to begin throwing next spring. Georgia's first-round bye in the playoffs has given Stockton, a sophomore, more time to prepare for his new starting role. Smart said the experience with the first-team is the primary benefit in “several practices” since the SEC championship game. “He got lots of reps prior to these practices, but he’s getting much more now,” Smart said. “I do think ... when you get ready for an opponent like Notre Dame, you need time and we have time.” The Fighting Irish advanced by beating Indiana 27-17 in the first round on Friday night. Smart said Stockton and Georgia can focus on Notre Dame. “But I think the biggest thing is just competition at practice,” Smart said. “You know, the situations we put him in. All those things allow him to get better as a quarterback.” Notre Dame coach Marcus Freeman said Stockton will require adjustments by his defense. “You evaluate, obviously, what they’ve done all season and you have a separate tape of what Stockton has done,” Freeman said Monday. “I think we have 80-something plays of him. He can run their offense. He does things a little bit differently. He can extend plays with his legs, he’s a good athlete. The thing I probably noticed most about him, he’s an ultra-competitive individual.” Georgia announced on Dec. 9 that Beck and his family were considering treatment options for his elbow. Beck suffered the injury to his throwing arm in the first half of the SEC championship game and made a dramatic return to the field for the handoff on the game-winning play in overtime. Stockton had to leave the field for one play after having his helmet knocked off. Even though he was able to take the snap and hand off to Trevor Etienne for the running back’s decisive 4-yard touchdown run, Beck was unable to raise his right arm. Stockton’s job may get a little easier with Notre Dame defensive tackle Rylie Mills out. Freeman announced Monday that Mills will miss the rest of the season with a right knee injury he suffered against Indiana. Mills had 37 tackles and 7 1/2 sacks this season and anchored the interior line while All-American Howard Cross II missed the final three regular season games with a high ankle sprain. Cross returned against Indiana. It’s yet another blow to a defense that had already lost preseason All-America cornerback Benjamin Morrison and its top two rush ends with season-ending injuries. “You can’t replace Rylie Mills,” Freeman said. “Yes, the production, but the leadership, a captain, very similar to the things I said about Benjamin when he was out. You feel awful for him as a person, a guy that came back to improve his draft stock. You’ve got to replace what he did for our defense in different ways.” Stockton completed 12 of 16 passes for 71 yards with one interception against Texas. Smart downplayed the suggestion Stockton could give the Bulldogs more options as a running quarterback. “I think we are who we are in regards to that,” Smart said. “I mean, we played an entire season, offensively. You know, Gunner’s a good athlete. I think Carson is a good athlete. So it’s one of those deals that I don’t know how much that changes things.” Beck, a fifth-year senior, is 24-3 as a starter. He started all 26 games for the Bulldogs in 2023 and 2024. He passed for 3,941 yards with 24 touchdowns and only six interceptions in 2023 but had more difficulties with turnovers this season. Beck passed for 28 touchdowns with 12 interceptions this season and completed 7 of 13 passes for 56 yards before his injury in the SEC championship game. AP Sports Writer Mike Marot contributed to this report. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballNEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global e-bike market size is estimated to grow by USD 16.48 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.95% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Battery Type 1.1 SLA batteries 1.2 Li-ion batteries Propulsion 2.1 Pedal assist 2.2 Throttle assist Geography 3.1 APAC 3.2 Europe 3.3 North America 3.4 South America 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: SLA batteries, also known as sealed lead-acid (SLA) batteries or gel cells, are a common choice for electric bikes (e-bikes) due to their affordability and ease of maintenance. These batteries have a coagulated sulfuric acid electrolyte and are partially sealed, with vents to release gases formed during overcharging. SLA batteries are heavier and larger than lithium-ion batteries, impacting the overall weight and handling of the e-bike. They also have a lower energy density and capacity compared to lithium-ion batteries. Despite these functional disadvantages, SLA batteries remain popular due to their low cost and wide availability. However, they contain 70% lead, which can negatively impact the environment during manufacturing, usage, recycling, and disposal. The SLA batteries segment is expected to maintain its leading position in the global e-bike market due to their affordability and accessibility. Analyst Review The e-bike market is experiencing significant growth as more people seek eco-friendly solutions for commuting and transportation. Fuel prices and environmental concerns are driving the demand for electric bicycles, which offer a cost-effective and sustainable alternative to cars and motorcycles. Governments around the world are investing in bicycle highway lanes and incentives to encourage the use of e-bikes, reducing traffic congestion and noise pollution. E-bikes come in various types and modes, including cargo bikes, mountain bikes, and commuting models. Their benefits include the ability to tackle hills and long distances with ease, thanks to powerful motors and lithium-ion batteries. Consumers appreciate the lack of need for a driver's license or insurance, as well as the low weight and ease of use. Despite the advancements in e-bike technology, there are challenges, such as regulations, overstocks, and the occasional lack of infrastructure. However, the market continues to evolve, with new models and components, such as throttle controls, being introduced regularly to meet the needs of riders. Overall, e-bikes offer a versatile and efficient transportation solution for people looking to reduce their carbon footprint and save money on fuel costs. Market Overview The E-Bike Market is experiencing significant growth as more people seek eco-friendly solutions for transportation due to rising fuel prices and government regulations aimed at reducing CO2 emissions and air pollution. The popularity of e-bikes is on the rise, especially among young adults, males, and cyclist organizations, as they offer a convenient and cost-effective alternative to cars for commuting and recreational activities like mountain biking, off-road sports, and adventure. However, the market faces challenges such as a lack of infrastructure, including bike lanes, and regulatory hurdles in various countries. The E-Bike Market Ecosystem consists of raw material suppliers, component manufacturers, e-bike manufacturers, and end users. The market offers various types of e-bikes, including Class-II and Class-III e-Bikes, mopeds, and cargo e-bikes, powered by hub motor drives or mid-drive motors and lithium-ion batteries. The market is also witnessing advancements in technologies, such as connected e-bikes, and new modes of transportation, such as e-bike sharing services. Governments worldwide are offering incentives to promote the adoption of e-bikes and e-scooters to reduce congestion and carbon footprints. Despite these advantages, challenges such as the lack of standardization, safety concerns, and competition from traditional modes of transportation, such as motorcycles, persist. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. The E-Bike Market is expected to continue growing, driven by increasing consumer awareness of the health benefits, maintenance advantages, and environmental friendliness of e-bikes. The market is expected to face competition from traditional bicycles and motorcycles, as well as new entrants, such as electric scooters and mopeds. The market is also witnessing a shift towards more advanced features, such as throttle control, better build quality, and performance pricing incentives. Despite the challenges, the E-Bike Market is poised for growth, driven by the need for sustainable transportation solutions, government regulations, and consumer demand. The market is expected to witness significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features, which will make e-bikes more accessible, affordable, and convenient for consumers. In conclusion, the E-Bike Market is an exciting and dynamic space, driven by the need for sustainable transportation solutions, consumer demand, and government regulations. The market offers a range of e-bike types, from city/urban e-bikes to cargo e-bikes, and is witnessing significant advancements in technologies, such as motor drive technologies, battery technologies, and connectivity features. Despite the challenges, the market is expected to continue growing, driven by the benefits of e-bikes, such as cost savings, health benefits, and environmental sustainability. To understand more about this market- Download a FREE Sample Report in minutes! 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/e-bike-market-size-to-increase-by-usd-16-48-billion-between-2023-to-2028--market-segmentation-by-battery-type-propulsion-geography---technavio-302331242.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Unranked Creighton knocks off No. 1 Kansas behind Pop Isaacs' season-high 27 pointsOnline Therapy Services Market , 42% of Growth to Originate from North America, TechnavioA $204 million grant will help rebuild the sinking Delta-Mendota Canal, improving its water delivery efficiency and capacity. The money from the U.S. Bureau of Reclamation to the San Luis & Delta-Mendota Water Authority will fund the canal fix after decades of over-pumping the aquifer caused the ground to sink. A part of the Central Valley Project, the 117-mile canal brings water south to irrigate land in much of western Fresno County. “This investment will accelerate our mutual efforts to restore the capacity of the Delta-Mendota Canal, ensuring reliable water delivery to communities that produce our nation’s food and technological innovation and the wildlife and wildlife enthusiasts that rely on the Pacific Flyway,” said Federico Barajas, executive director of the San Luis & Delta-Mendota Water Authority. Related Story: Infrastructure Investments and Jobs Act Grant The grant is from President Joe Biden’s Infrastructure Investments and Jobs Act, which set aside $8.3 billion for water infrastructure projects nationally. In November, Reclamation and the water authority to not only fortify the B.F. Sisk Dam but raise it, increasing its capacity.None

Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering ProgramTORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets 1 of $53.6 billion as at November 30, 2024. ($ billions) 2024 2024 Month-Over-Month 2023 Year-Over-Year (before AGF Capital Partners AUM and fee-earning assets 1 ) ($ billions) 2024 2024 2023 ($ billions) 2024 2024 2023 About AGF Management Limited Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm's collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations. Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $54 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B. AGF Management Limited shareholders, analysts and media, please contact: Ken Tsang Chief Financial Officer 416-865-4338, [email protected]

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Fundraising through qualified institutional placements (QIPs) reached an all-time high in 2024, surpassing the Rs 1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations. Indian companies have raised Rs 1,21,321 crore through QIPs till November, according to data compiled by Prime Database. This represents a more than two-fold increase compared to the Rs 52,350 crore mobilised in the previous calendar year. The sharp increase showed market resilience has been a key factor driving this growth as companies will continue to garner capital through Qualified Institutional Placements (QIPs), analysts said. According to the data, 82 companies have tapped capital markets with QIP issues till November this year, compared with just 35 that raised Rs 38,220 crore during the same period last year. QIP is one of the quickest products to raise funds from institutional investors. It is designed for listed firms and investment trusts, which allow them to mobilise funds quickly from institutional investors without the need to submit any pre-issue filings to market regulators. Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. 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They were followed by Adani Energy Solutions and Varun Beverages , which raised Rs 8,373 crore and Rs 7,500 crore, respectively. Other significant QIP transactions during CY24 include Samvardhana Motherson International at Rs 6,438 crore and Godrej Properties at Rs 6,000 crore and KEI Industries at Rs 2,000 crore. In addition, state-owned lender Punjab National Bank , JSW Energy , Prestige Estates Projects , were also among companies that raised capital through the QIP route to bolster their financial reserves. As per Prime Database, financial services company JM Financial emerged as the top lead manager for the QIP transactions, as it handled 16 issues. "In 2024, promoters have taken advantage of strong market conditions, leveraging higher valuations and upward trends in the secondary market to raise funds. Our performance reflects our superior distribution capabilities and our ability to handle complex transactions and achieve results for our clients," JM Financial Ltd Managing Director Chirag Negandhi told PTI. Echoing similar sentiments, Pranjal Srivastava, Partner-Investment Banking, Centrum Capital , said, "CY 2024 has been a landmark year for all forms of public market fundraise, be it IPO, QIPs, or blocks. Listed companies raised record levels of funds through QIPs to meet their funding requirements". Strong secondary markets, high level of domestic liquidity and overall positive sentiments provided the right backdrop for companies raising funds and ensured all QIPs were well-received in terms of subscription, Srivastava said. This year's resurgence highlighted the growing influence of domestic investors and retail participation in capital markets. "The record-breaking fund mobilisation by companies through QIP is the direct consequence of a booming stock market. Experience tells us that a booming secondary market leads to a booming IPO and QIP market," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services , said. The QIP made a dramatic comeback in CY23, after fundraise through this route dipped in 2022, lowest in eight years, when Rs 11,743.29 crore was raised through 14 issues amid volatility in the stock market, high valuations among other factors. This year, the QIP rally underlines the robust inflow from retail and domestic investors segments. Since the Indian stock market has been resilient during the last four years and there is enough institutional demand for good issues despite high valuations, promoters are making hay while the sun shines, Vijayakumar added. With Torrent Power, Bharat Forge, Senco Gold, and Sammaan Capital's QIP fundraise worth more than Rs 8,000 crore in December, analysts expect India Inc to go up further by the end of the calendar year, cementing 2024 as a milestone year for QIPs in India. 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