Medigus Ltd., a medical device company, develops, produces, and markets minimally invasive endo-surgical tools with direct visualization technology in the United States, the United Kingdom, Europe, Asia, and internationally. It offers Medigus Ultrasonic Surgical Endostapler, an endoscopy system, which is used for the treatment of gastroesophageal reflux disease. The company also develops biological gels to protect patients against biological threats and reduce the intrusion of allergens and viruses through the upper airways and eye cavities. In addition, it develops, markets, and distributes software for internet users; develops and commercializes online and offline event planning software, as well as ticketing solutions; and operates online stores for the sale of various consumer products on the Amazon online marketplace. The company was incorporated in 1999 and is headquartered in Omer, Israel.
IPO Year:
Exchange: NASDAQ
Website: medigus.com
Tel Aviv, Israel, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS) ("Medigus"), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle ("EV") and charging solutions, announced today that ScoutCam Inc. (OTCQB:SCTC) ("ScoutCam", owned 27.02% by Medigus), a leading provider of visualization and AI based solutions to the Condition Based Monitoring (CBM) and the Predictive Maintenance (PdM) markets, announced the appointment of Yehu Ofer as chief executive officer, effective immediately. Mr. Ofer, a former Israeli Air Force (IAF) pilot and commander, as well as a leading professional in the aviation and aerospace industries,
OMER, Israel, March 08, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, announced today that ScoutCam Inc (OTCQB:SCTC), Medigus’ subsidiary and a leading developer and manufacturer of customized micro visual solutions and supplementary technologies, appointed Mr. Yovav Sameah as ScoutCam’s new Chief Executive Officer. Mr. Sameah will replace Dr. Yaron Silberman, who will step down to pursue new opportunities. Mr. Sameah is a senior level executive with extensive hands-on experience in management, business leadership and strategy. He most recently served as CEO of Frontline PCB So
Gainers Jaguar Health (NASDAQ:JAGX) shares rose 25.3% to $0.11 during Tuesday's after-market session. The company's market cap stands at $31.1 million. aTyr Pharma (NASDAQ:LIFE) shares rose 10.45% to $1.9. The company's market cap stands at $128.7 million. Corvus Pharma (NASDAQ:CRVS) shares increased by 7.36% to $1.75. The market value of their outstanding shares is at $85.8 million. ImmuCell (NASDAQ:ICCC) shares increased by 7.27% to $5.6. The market value of their outstanding shares is at $43.4 million. Avenue Therapeutics (NASDAQ:ATXI) shares moved upwards by 6.46% to $0.16. The company's market cap stands at $6.9 million. Xilio Therapeutics (NASDAQ:XLO) shares increased by 5.34% to
The rebranding includes a new name and an update to the Company's corporate logo, as well as a new website.
Following completion of initial production, Revoltz sets up for delivery in accordance with its distribution agreement (the "Agreement"), aiming to sell 150 vehicles in the first year of the AgreementTel Aviv, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle ("EV") and charging solutions, announced today that Revoltz Ltd, its EV joint venture, 19.9% owned by its subsidiary Fuel Doctor Holdings, Inc. (67.15%), completed its first production batch of 50 units of its micro-mobility electric vehicle, ‘PORTO'.The completion of production is a significant step in
Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, today announced that Charging Robotics Ltd. ("Charging Robotics"), a subsidiary of Fuel Doctor Holdings, Inc., ("FDOC") a Delaware corporation listed on the OTC Market (67.15% owned by Medigus), announced today it has successfully completed an important milestone towards the installation of its wireless charging system in automatic car parks as part of its pilot program with an automatic car park provider in Israel.This milestone included a successful experiment for transferring high voltage (up to 450 V) electricity in a wirel
Medigus Ltd. (NASDAQ:MDGS) initiated a wireless EV charging pilot through its subsidiary, Charging Robotics Ltd., operating under Fuel Doctor Holdings, Inc. (OTC:FDOC), to address the need of automated parking systems. This initiative has been supported by funding from the Israel Innovation Authority, aligning with the surging need for efficient EV solutions—an area Medigus has ventured into through its subsidiary, Charging Robotics. Pioneering wireless charging, Charging Robotics specializes in adaptive solutions for the evolving EV infrastructure. Their wireless charging systems, tailored for automated parking setups, ensure seamless integration and high efficiency, resolving the abse
Jeffs' Brands will hold a 70% interest in a new company to be incorporated that will develop laser- based charging solutions for drones and unmanned aircraftsJeffs' Brands owned 34.87% by Medigus According to the LOI, Sky Growth will establish and transfer all of its rights in the technology to a new Israeli company that will develop, manufacture and market the technology ("NewCo"). Following an investment of $2.5 million by Jeffs' Brands, it will hold a 70% equity interest in NewCo. The LOI also includes certain milestone conditions that if achieved by NewCo, will grant the founders, for no additional consideration, additional equity interests in NewCo.
Gainers Telesis Bio (NASDAQ:TBIO) shares moved upwards by 32.5% to $0.53 during Friday's pre-market session. The company's market cap stands at $15.8 million. Femasys (NASDAQ:FEMY) shares increased by 14.9% to $1.05. The company's market cap stands at $22.7 million. Medigus (NASDAQ:MDGS) stock rose 10.99% to $3.13. The company's market cap stands at $5.3 million. TC BioPharm (Holdings) (NASDAQ:TCBP) stock rose 10.0% to $0.55. The company's market cap stands at $5.1 million. Assembly Biosciences (NASDAQ:ASMB) stock moved upwards by 9.99% to $0.71. The company's market cap stands at $46.7 million. PaxMedica (NASDAQ:PXMD) shares moved upwards by 9.8% to $1.12. The market value of their ou
The pilot project in cooperation with Parkomot Ltd., an Israeli APS market leader, is another step towards our vision of wireless chargingTel Aviv, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that Charging Robotics Ltd., an innovator in wireless charging solutions and a subsidiary of Fuel Doctor Holdings, Inc., ("FDOC") a Delaware corporation listed on the OTC Market (66.84% owned by Medigus), received approval for funding from the Israeli Innovation Authority for a pilot project that includes installing and demo
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Metagramm Software Ltd. has developed an advanced grammar engine, which serves as the core of its online writing solution and a fully integrated writing solution for Windows desktop Tel Aviv, Israel, April 13, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today it has acquired 19.9% of Metagramm Software Ltd. ("Metagramm"), an innovative AI, machine learning (ML) communication and grammar assistant software. In return, Medigus paid Metagramm $250,000 in Medigus' common shares. Metagramm is one of the first comp
TEL AVIV, Israel, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS) ("Medigus"), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, today reported financial results for the six months ended June 30, 2022. Key Highlights Generated record revenues of $34.95 million in the first half of 2022, compared to $2.39 million revenues in the first half of 2021Gross profit reached a record $6.19 million in the first half of 2022, up from a gross profit of $0.6 million in the first half of 2021Cash and cash equivalents as of June 30, 2022 were $22.1 millionShareholders' equity improved to $53.19 million
Tel Aviv, Israel, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that the Company filed a motion with the Tel Aviv District Court Economic Department for approval of a dividend distribution up to of $1.6 million. The Company's motion, if approved as requested, would permit the Company to distribute a dividend to the holders of the Company's American Depositary Shares in proportion to their respective holdings. A separate announcement would be made if the Company's board of directors were to declare such a dividend.
Tel Aviv, Israel, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that its affiliate Gix Internet (38.01% on a fully diluted bases) (TASE: GIX), a global marketing technology (MarTech) solutions company for online performance-based-marketing, announced that Gix Internet's subsidiary, Gix Media completed the acquisition of 70% of Cortex Group, an innovative media-tech company that has developed expertise in turning original content into a profit center through user traffic acquisition. The acquisition was based on
Revenues for the first half of 2021 increased by ~3,178% with first ever net profit of approximately $8 million OMER, Israel, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today its financial results for the first six months ended June 30, 2021. Revenues for the six-month period ended June 30, 2021, reached a record high, and totaled $2,393,000, an increase of $2,320,000 compared to $73,000 in the six-month period ended June 30, 2020Net income for the period reached a record of $7,927,000 compared to a net loss of $3,599
OMER, Israel, July 07, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced that it exercised all of its rights to convert Linkury Ltd. shares to Gix Internet Ltd. shares (TASE: GIX) and was issued 3,954,980 additional ordinary shares of Gix such that following the conversion, Medigus holds approximately 36.7% on a fully diluted basis of Gix outstanding capital. In March 2021, Gix's board of directors has resolved to establish a committee of the board of directors to identify new opportunities and activities to merge with Gix, focusing on technology and other sectors that are
OMER, Israel, May 17, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced its financial results for the year ended December 31, 2020 and reported that the Company's annual report on Form 20-F, containing audited consolidated financial statements for the year ended December 31, 2020 was filed with the Securities and Exchange Commission on May 14, 2020. For the year ended December 31, 2020, the Company reported revenues from products and services of approx. $531 thousands, an increase of approx. 95% compared to approx. $273 thousands for the year ended December 31, 2019. Our r
Gix Internet will consolidate its ad-tech operations under its subsidiary Linkury Ltd. OMER, Israel, March 31, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced that Gix Internet (24.99%) (TASE: GIX), a global marketing technology (MarTech) solutions company for online performance-based-marketing, announced several business updates. Gix Internet’s board of directors has resolved to establish a committee of the board of directors to identify new opportunities and activities to merge with Gix, focusing on technology and other sectors, that are not necessarily in the
TEL AVIV, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo" or the "Company"), a technology-based company engaged in advanced innovative technologies, announced today that ParaZero Technologies Ltd. (NASDAQ:PRZO) ( "ParaZero"), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft (18.68% owned by Xylo), initiated a partnership with a leading Tier 1 defense OEM company to adapt and integrate its advanced drone safety system for operational military and medical mission use. ParaZero received an initial order as part of a wider collaboration that aims to enhance the efficiency and safety of
TEL AVIV, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo" or the "Company"), a technology-based company engaged in advanced innovative technologies, announced today that Revoltz Ltd ("Revoltz"), which is 19.9% held by Charging Robotics, Inc. (OTC:CHEV) ("Charging Robotics"), a Delaware corporation quoted on the OTC Market (67% owned by Xylo), has developed a new, three-wheel, electric cargo bike tailored for the European and UK markets. Building on the success of Revoltz's PORTO micro-EV, this new bike is designed to offer enhanced stability, increased payload capacity, and high-caliber safety features, making it fit for urban transportation and comme
Tel Aviv, Israel, July 30, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo" and the "Company"), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle ("EV") and charging solutions, announced today that it plans a ratio change which will result in a reverse split of the Company's American Depositary Receipt, or ADR, program on the basis of one (1) new ADS for every 2.666666 old ADSs held. As a result, the number of ordinary shares of the Company represented by each American Depositary Share, or ADS, will be changed from fifteen (15) ordinary shares to forty (40) ordinary shares. The effective date anticipated f
TEL AVIV, Israel, July 23, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo", and the "Company"), a technology-based company engaged in advanced innovative technologies, announced today that Charging Robotics, Inc. (OTC:CHEV) ("Charging Robotics"), an innovator of wireless charging solutions held 67% by Xylo, received its first commercial order for the deployment of its wireless charging system designed for automatic parking facilities. This order comes from Parking Design Ltd. ("Parking Design"), a leading innovator in developing and designing parking solutions. This collaboration, announced on June 27, 2024, marks important progress in the evolution of automated parki
TEL AVIV, Israel, June 27, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo"), a technology-based company engaged in advanced innovative technologies, announces today that Charging Robotics Inc. (OTC:CHEV) ("Charging Robotics"), an innovator of wireless charging solutions held 67% by Xylo, received its first commercial order for the deployment of its wireless charging system designed for automatic parking facilities. This order comes from Parking Design Ltd. ("Parking Design"), a leading innovator in developing and designing state-of-the-art parking solutions. This collaboration marks an important progress in the evolution of automated parking and electric vehicle (EV)
TEL AVIV, Israel, June 06, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo"), a technology-based company engaged in advanced innovative technologies, announced today that Gix Internet Ltd. ("Gix") (45.75% owned by Xylo) (TASE: GIX), signed a non-binding memorandum of understanding (MOU) with the shareholders of a robotics company specializing in artificial intelligence (AI) autonomous robotics solutions, mainly for logistics distributions in certain medical centers ("Robotics Company"). Pursuant to the MOU, subject to the negotiation and execution of a definitive agreement, Gix will execute a share exchange transaction with Robotics Company. Subject and upon c
The new product offers unique capabilities of custom personalized text writing, different from common AI writing tools. TEL AVIV, Israel, May 28, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo"), a technology-based company engaged in advanced innovative technologies, announced today that Metagramm Software Ltd. ("Metagramm") (19.99% owned by Xylo), successfully completed development of Bubbl, an advanced writing tool utilizing Machine Learning, Natural Language Processing (NLP), Artificial Intelligence (AI) and Deep Learning technologies. Bubbl offers an innovative document writing and rewriting solution that enables content creation with per
TEL AVIV, Israel, May 21, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo" or the "Company"), a technology-based company engaged in advanced innovative technologies, announces today it signed a letter of intent ("LOI") for the strategic acquisition of a leading German company specializing in developing artificial intelligence ("AI") predictive maintenance and condition monitoring technologies as well as other AI tools and technologies for various industries (the "Target Company"). This potential acquisition could mark the expansion of Xylo's portfolio to advanced AI technologies that are being integrated in various market segments and industries. The Target Comp
TEL AVIV, Israel, May 15, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo"), a technology-based company engaged in advanced innovative technologies, announces today that Charging Robotics, Inc. (OTC:FDOCD) ("Charging Robotics"), an innovator of wireless charging solutions held 67% by Xylo, as part of its collaboration with Make My Day Ltd. ("Make My Day"), a market leader in the field of electric vehicle (EV) fleet management for minimizing EV battery consumption, reached the final stages of development of their software for EV charging management in automatic car parks. The charging management system uses machine learning and artificial intelligence (AI) algori
TEL AVIV, Israel, April 22, 2024 (GLOBE NEWSWIRE) -- Xylo Technologies Ltd. (NASDAQ:XYLO) ("Xylo", or the "Company"), formerly known as Medigus Ltd., a technology-based company engaged in advanced innovative technologies, announced the filing of its 2023 Annual Report on Form 20-F with the Securities and Exchange Commission. Xylo's 2023 Annual Report on Form 20-F includes audited financial statements for the year ended December 31, 2023. The report can be accessed on the company's investor relations website and on the SEC's website at www.sec.gov. About Xylo Based in Israel, Xylo Technologies Ltd. (NASDAQ:XYLO) is a technologies company that focuses on inn