HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Today Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW)) ("Intuitive Machines") and Nokia (NYSE:NOK, Euronext: NOKIA)) announced the successful final integration of Nokia's Lunar Surface Communication System ("LSCS") into the IM-2 mission lander, named Athena. Athena and the LSCS will voyage to the lunar south pole region in the upcoming IM-2 mission, where Nokia and Intuitive Machines intend to deploy the first cellular network on the Moon. After months of testing and validation with Nokia Bell Labs, Intuitive Machines engineers installed the LSCS "network in a box" to one of Athena's upper carbon-composite panels. Multiple precautions were take

SAN JOSE, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ:INFN) today released financial results for its third quarter ended September 28, 2024. GAAP revenue for the quarter was $354.4 million compared to $342.7 million in the second quarter of 2024 and $392.4 million in the third quarter of 2023. GAAP gross margin for the quarter was 39.8% compared to 39.6% in the second quarter of 2024 and 40.3% in the third quarter of 2023. GAAP operating margin for the quarter was (3.1)% compared to (8.7)% in the second quarter of 2024 and 2.0% in the third quarter of 2023. GAAP net loss for the quarter was $(14.3) million, or $(0.06) per diluted share, compared to net loss of

CHARLOTTE, N.C., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), and Berry Global Group, Inc. (NYSE:BERY) today announce additional director designees for the board of directors for the combined company. The new directors will be appointed and will begin serving as directors effective upon the closing of the proposed merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films ("HHNF") business with Glatfelter. As previously disclosed, upon closing of the transaction, the combined company will be renamed Magnera Corporation ("Magnera"). The Magnera board of directors ("Magnera Board") will consist of nine directors, with five directors designated by Be

Nokia CorporationInside Information 27 June 2024 at 23:50 EEST Inside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap Creates a highly scaled and truly global optical business with increased in-house technology capabilities and vertical integration.Strengthens Nokia's optical position, specifically in North America.Accelerates Nokia's customer diversification strategy, expanding webscale presence.Targeted net comparable operating profit synergies of EUR 200 million by 2027*.Expected to be accretive to Nokia's comparable operating profit and EPS in year 1 and to deliver over 10% comparable EPS accretion in 2027*.Offer split a

Wipro Limited (NYSE:WIT, BSE: 507685, NSE: WIPRO))), a leading technology services and consulting company, today announced a joint private wireless solution with Nokia (NYSE:NOK), to help enterprises scale their digital transformation. This joint solution will provide enterprises with a more secure 5G private wireless network solution integrated with their operation infrastructure. The solution will bring greater reliability, mobility, connectivity speed, real-time access to business insights, and the ability to process high volumes of data with low latency. Through a dedicated wireless network, enterprises will be able to create an integrated private environment they can control to bette

News summary  Nokia adopts Dell Technologies as its preferred infrastructure partner for Nokia AirFrame servers, helping transition customers to Dell PowerEdge servers with Dell global services and supportDell adopts Nokia as its preferred private wireless partner for enterprise edge use cases, providing businesses with seamless integration and supportThe companies continue joint research and development efforts and platform and application testing in the Dell Open Telecom Ecosystem LabROUND ROCK, Texas and ESPOO, Finland, Feb. 15, 2024 /PRNewswire/ --  Full story  Dell Techno

The Wireless Innovation Forum (WInnForum) membership is building on the successes of the past year and looking ahead to FY2024 in building its Operations plan, which includes goals of its four committees for the next 12 months. Over the past year, the WInnForum renamed two of its committees to more accurately reflect their missions: the Advanced Technologies Committee, which is the project incubator of the Forum, is now the Wireless Innovation Committee and the Spectrum Sharing Committee (SSC), which created the standards for the CBRS Band, is now the CBRS Committee. The 6 GHz Committee and Software Defined Systems (SDS) Committee retain their current names. The newly renamed Wireless Inn

Technology and Business Leader Rahul Mewawalla appointed as Mawson Chief Executive Officer and President Leadership Appointment along with Stronger Focus on U.S. Operations and Continued Expansion Highlights Company Growth Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, is pleased to announce that Rahul Mewawalla has been appointed as Chief Executive Officer and President of the Company. Mr. Rahul Mewawalla is a technology and business leader who brings extensive strategic and operational expertise across Fortune 500 and growth companies, having held senior executive and operating roles including as CEO, President, and Exe

Moelis & Company (NYSE:MC), a leading global independent investment bank, today announced the appointment of Elizabeth Crain to Vice Chair and the promotion of Kate Pilcher Ciafone to Chief Operating Officer (COO), both effective October 1, 2023. Elizabeth Crain is a Founding Partner at Moelis & Company where she has led the Firm's global strategy and operations as COO since 2007. Elizabeth has been an integral member of the Firm's leadership team since its inception driving the Firm's growth and expansion of its advisory capabilities. She has been in the investment banking and private equity industries for almost 35 years as a banker, principal and operating executive. In her new role as

Three-year agreement extends plans to co-innovate and accelerate deployment of flexible, reliable, and secure LTE and 5G private wireless connectivity services and Industry 4.0 solutions Kyndryl elevates its strategic investment in Nokia achieving the highest tier Nokia Digital Automation Cloud (DAC) accreditation status, increasing expert resources and skilled practitioners ready to support customers across the globe. Kyndryl and Nokia will launch a partner innovation lab in Raleigh, North Carolina, to bring advanced wireless connectivity and edge computing, integrated with a multi-factor zero trust model, converging IT and OT for enterprises Kyndryl (NYSE:KD), the world's largest IT in

Technology and Business Leader Rahul Mewawalla appointed as Mawson Chief Executive Officer and President Leadership Appointment along with Stronger Focus on U.S. Operations and Continued Expansion Highlights Company Growth Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, is pleased to announce that Rahul Mewawalla has been appointed as Chief Executive Officer and President of the Company. Mr. Rahul Mewawalla is a technology and business leader who brings extensive strategic and operational expertise across Fortune 500 and growth companies, having held senior executive and operating roles including as CEO, President, and Exe

Moelis & Company (NYSE:MC), a leading global independent investment bank, today announced the appointment of Elizabeth Crain to Vice Chair and the promotion of Kate Pilcher Ciafone to Chief Operating Officer (COO), both effective October 1, 2023. Elizabeth Crain is a Founding Partner at Moelis & Company where she has led the Firm's global strategy and operations as COO since 2007. Elizabeth has been an integral member of the Firm's leadership team since its inception driving the Firm's growth and expansion of its advisory capabilities. She has been in the investment banking and private equity industries for almost 35 years as a banker, principal and operating executive. In her new role as

Appointment of Mr. Rahul Mewawalla as a Member of the Mawson Board and Committees Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure provider, announced today the appointment of Mr. Rahul Mewawalla as a Member of the Board of Directors, and a member of the Compensation, Audit and Nomination and Governance Committees. The Audit Committee will also subsequently consist of the required number of independent directors under NASDAQ Rules. Mr. Mewawalla is a digital, business, product and technology leader. He has public company board expertise across various roles including as Chairman of the Board, Audit Committee Chairman, Compensation Commit