Saietta Group’s vision is to play a leading role in cleaning up the air in large cities around the globe. In a recent interview, CEO of the group, Wicher Kist discusses how the company is accelerating electrification transitions globally with its EV powertrain solutions.
The technology-focused investment company Pires Investments (PIRI) has acknowledged a statement made by London-listed venture capital fund Sure Ventures regarding its portfolio. As reported in yesterday’s statement, during 1Q22, SVV's NAV per share increased from €1.33 to €1.47 which, in turn, has driven Sure Venture’s NAV per share to a price of 128.9p, representing an 8.9% uplift compared to its NAV per share at 31 December 2021 of 118.3p.
The cryptocurrency mining firm Argo Blockchain (ARB) said it has continued to deliver a strong performance from its existing fleet throughout the first quarter ended 31 March 2022. Argo Blockchain generated $19.5m - compared with £14.9m in 2020 - of revenue in the 4Q, a 9% increase over the same period in 2021. This increase was primarily driven by Argo's growth in hash rate throughout 2021 and partially offset by lower Bitcoin prices in 1Q22.
Polarean Imaging (POLX) said it built momentum in its strategy to advance its Xenon MRI lung imaging technology towards commercialisation during the year to 31 December 2021. Polarean has established a user fee goal date of 30 September 2022 as it focuses its efforts on building our commercial organisation to support a successful launch upon FDA approval.
hVIVO, a subsidiary of the contract research organisation Open Orphan (ORPH), said it has signed a £7.3m influenza human challenge study contract with a leading biotechnology firm to test its antiviral product using its own hVIVO Influenza Human Challenge Study Model.