According to Zacks Investment Research, Rewalk reported revenue of $1.2 million for a a loss of $3.9 million for Q4, 2021. It also reported $6 million of revenue for the year with a loss of $12.7 million, or 27 cents per share. See https://www.zacks.com/ap/RWLK for details.
ColorChip LTD forms a global group to address the Metaverse and WEB 3.0 needs for higher speed connectivity and AR/VR applications
InMode (INMD) , selling at just over $51/share, announced 2021 earnings of $1.92 per share
According to the Houston Chronicle, InMode expect to earn in the range of $2.06 to $2.11 per share this year.
nVidia to expand R&D in Israel
The No Camels website reported on nVidia’s plans to establish a new design and engineering group that would lead the development of next-generation Nvidia CPUs for the next technology revolutions in AI, robotics, autonomous vehicles, and virtual world simulations from Nvidia’s new platform, Omniverse,.
EU Innovation Council Awarded €10M in Grants and Equity Investment to Cardiac Success
The €2.5 million grant and additional €7.5 million in equity investment will support the accelerated clinical development of the “V-sling” system under development. The “V-sling” is a transcatheter ventricular repair device designed to provide a new approach to the treatment of heart failure patients.
Butterfly Medical Receives CE Approval for its Next Generation Medical Device to Noninvasively Treat BPH Patients
BPH is a condition where the prostate enlarges and is highly prevalent in men, 50+ years old. Its symptoms often include problems urinating, urgency to urinate, getting-up during the night, as well as sexual dysfunction all having a significant negative impact on quality of life.
$1B sale of Lumenis global surgical business to Boston Scientific completed
According to the Boston Globe, the acquisition is projected to generate about $200 million in revenue this year.
Rapid Medical Announces Closing of $50m Series D Financing
According to the announcement in Business Wire, the proceeds will be used to expand commercial operations in US and Europe, create additional clinical evidence supporting the superiority of the company’s products, and advance the product development pipeline utilizing company’s proprietary braiding technology platform.
Saguna Networks acquired by COMSovereign (COMS)
StreetInsider.com recently reported that the acquisition is valued at $13.1 million consists exclusively of shares of restricted common stock.
K2View Releases Market’s First Operational Data Fabric to Deliver a Trusted, Holistic, and Real-Time View of Customer and Business Data
According to Noel Yuhanna, VP and principal analyst at Forrester, “Data fabric helps enterprises ingest, transform, curate and prepare data to deliver new and emerging real-time insights and analytics across disparate data sources.”