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Rivian Releases Q3 Production Figures and Sets Date for Third Quarter 2023 Results

IRVINE, Calif.–(BUSINESS WIRE)–Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production totals for the quarter ending September 30, 2023. The company produced 16,304 vehicles at its manufacturing facility in Normal, Illinois and delivered 15,564 vehicles during the same period. These figures remain in line with the company’s expectations, and it believes it is on track to […]

October 3, 2023

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Continental Automotive Honors GlobalLogic with Supplier of the Year Award

Company recognized in the Software Engineering Services Category SANTA CLARA, Calif.–(BUSINESS WIRE)–GlobalLogic Inc., a Hitachi Group Company, announced that it earned the Outstanding Supplier of the Year 2022 award in the category of Software Engineering Services by Continental Automotive. The achievement is a testament to GlobalLogic’s capability in the automotive industry, and reflects the strong […]

October 3, 2023

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ESAB Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

NORTH BETHESDA, Md.–(BUSINESS WIRE)– ESAB’s financial results press release and supplemental information referenced on the call, if any, for the third quarter 2023 will be available under the “Investors” section of ESAB’s website prior to the conference call. A link to a replay of the call will also be available on the ESAB Corporation website […]

October 3, 2023

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Continental Celebrates First Anniversary of its Autonomous Mobility Manufacturing Plant in Texas

The first-ever Automotive greenfield manufacturing location for Continental’s Autonomous Mobility Business Area produces Advanced Driver Assistance Systems (ADAS) technologies Since opening, the plant has shipped more than 3.5 million units and hired approximately 400 employees The manufacturing facility is strategically located, putting Continental in the center of autonomous testing NEW BRAUNFELS, Texas–(BUSINESS WIRE)–Continental celebrated the […]

October 1, 2023

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indie Semiconductor Extends Warrant Exchange Offer and Consent Solicitation

ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (NASDAQ: INDI) (“indie” or the “Company”), an Autotech solutions innovator, today announced that it has extended its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of Class A common stock of the Company, par value […]

October 1, 2023

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Fisker Raises Additional Growth Capital From Existing Investor; Funding Is $150 Million, With an Additional $550 Million Available

LOS ANGELES–(BUSINESS WIRE)– The Notes are being sold pursuant to a previously announced Securities Purchase Agreement, dated July 10, 2023 (the “Original Purchase Agreement”), by and between the Company and the Investor, as amended by Amendment No. 1 to the Securities Purchase Agreement, dated September 29, 2023 (the “Purchase Agreement Amendment” and, together with the […]

October 1, 2023

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Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Holley committed to using strong free cash flow to continue deleveraging the balance sheet BOWLING GREEN, Ky.–(BUSINESS WIRE)–Holley Inc. (NYSE: HLLY), the leading consumer platform for automotive performance enthusiasts, today announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to […]

October 1, 2023

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Bowman Enters into Definitive Purchase Agreement with Petrochemical Industry Experts Excellence Engineering, LLC

RESTON, Va.–(BUSINESS WIRE)–Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it had entered into a definitive purchase agreement to acquire Tulsa, Oklahoma based Excellence Engineering, LLC (“EEI”), a leading full-service provider of engineering, procurement, project management, and automation services to clients operating in and supporting the petrochemical, hydrogen, industrial and electric […]

October 1, 2023

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Faraday Future Announces its Outline for October FF 91 2.0 Deliveries as Part of its Ongoing ‘Delivery Co-Creation Day’ Plan and Provides Business Update

Company reaffirms commitment to reaching additional growth milestones in the future. October is expected to continue the monthly trend of increasing month-over-month deliveries. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today provided a business update via a live investor […]

September 30, 2023

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Boston Company Wins 2023 Cade Prize for Innovation

GAINESVILLE, Fla.–(BUSINESS WIRE)–CranioSense, a Boston-based company, is the overall winner of the 2023 Cade Prize for Innovation. The company’s invention quickly and non-invasively measures pressure in the brain, often an early indicator of traumatic brain injuries (TBI). Currently, only 2% of people with suspected TBI are tested, because current tests are invasive and risky. If […]

September 30, 2023

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