Tag: Growth

Advanced in Tech & Business

Macquarie Capital invests in Earth Resources Technology, providing capital to drive growth

  • Earth Resources Technology (ERT) provides scientific, engineering, environmental and technology services and solutions for US Federal Government agencies

  • Macquarie Capital’s investment will support ERT in expanding its client base and seeking opportunities to drive growth

NEW YORK, May 21, 2024–(BUSINESS WIRE)–Macquarie Capital today announced it has invested in Earth Resources Technology (ERT), a data systems and technology company that provides US Federal Government agencies with scientific, engineering, environmental and information technology services and solutions.

Founded in 1993 and headquartered in Laurel, Maryland, ERT is a trusted partner to US Federal agencies, including the National Oceanic and Atmospheric Administration (NOAA), the National Aeronautics and Space Administration (NASA), and the US Space Force (USSF). ERT’s solutions solve critical challenges – from predicting extreme weather and climate to tracking airborne and ocean pollutants – that impact lives, property, ecosystems and economies.

Macquarie Capital made the investment through its Growth


Analysis on Federal Business Innovation and Growth Support to Clean Technology, 2016 to 2020


The authors would like to thank Syeda Batool and Sarah Feng at the Data Science, Research and Development Unit at the Treasury Board of Canada Secretariat, as well as Kerem Soyak at the Clean Growth Hub at Innovation, Science and Economic Development Canada, for their collaboration and feedback throughout the study.


This analysis provides a first-ever snapshot of the businesses performing clean technology activities that have been funded by the federal government through Business Innovation and Growth Support (BIGS) programs. In 2020, the BIGS database covered a total of 123 programs delivered by 18 federal departments, of which 15 were clean technology programs. Over the past five years, the BIGS database covered a total of 172 programs delivered by 19 departments. As well, BIGS programs have provided support to an average of 23,276 enterprises per year, while an average of 918 enterprises were supported by clean technology programs.


Snowflake eyes growth in Canada, expands Toronto engineering hub

Much of the new technology unveiled by American data cloud company Snowflake at its annual convention this year, billed as the “world’s largest data, apps and AI event,” is powered by its Toronto engineering hub.

At this year’s Snowflake Summit that is taking place June 26-29 in Las Vegas, Snowflake announced innovations that would enable developers to build apps and work with generative AI in the data cloud, with the Snowflake Native App Framework. 

“Engineers working in Toronto have built the Snowflake Native Apps, which is now powering the whole Large Language Model and generative AI revolution,” said Qaiser Habib, director of engineering at Snowflake Canada. “So anything required to build an application, publish it to the marketplace for others to install it, use it and even to make money out of it, that’s all built right here in Toronto.”

Traditionally, someone building an AI-based application would need to build


Akorn Technological know-how announces refreshing mango business enterprise growth in Africa

Following the prosperous introduction of their Akorn Natural™ coatings for mango and avocado in South The united states, Akorn Technologies announces the enlargement of their enterprise in Africa.

With funding from the U.S. Countrywide Science Basis, Akorn Engineering has designed extremely modern edible coatings for contemporary generate that integrate 100% purely natural plant proteins, lipids and crucial oils to accomplish functionalities never ever prior to doable. By controlling moisture reduction, respiration amount and color improvement, Akorn Natural™ coatings retain the good quality of really perishable fruits and vegetables through extended chilly storage and ocean transport. This improved functionality is excellent for really perishable, globally made crops — like apples, pears, mangos, avocados and stone fruits. Akorn coatings lessen output losses, allow far more time for the product or service to be introduced to retail and make sure a top-quality consumer working experience.

Ever more, contemporary total deliver is processed into


Spirax-Sarco Engineering’s (LON:SPX) earnings growth amount lags the 14% CAGR delivered to shareholders

Spirax-Sarco Engineering plc (LON:SPX) shareholders could possibly be anxious just after viewing the share price drop 20% in the past quarter. But that isn’t going to adjust the reality that the returns more than the very last 5 many years have been pleasing. After all, the share selling price is up a market-beating 80% in that time.

When this previous 7 days has detracted from the firm’s 5-yr return, let us search at the new traits of the underlying company and see if the gains have been in alignment.

See our newest assessment for Spirax-Sarco Engineering

When marketplaces are a impressive pricing system, share price ranges replicate investor sentiment, not just fundamental enterprise overall performance. Just one flawed but realistic way to assess how sentiment all around a corporation has transformed is to examine the earnings for every share (EPS) with the share selling price.

Around fifty percent


CalAmp Appoints Fleet Know-how and Business enterprise Growth

IRVINE, Calif., May perhaps 23, 2022 (World NEWSWIRE) — CalAmp (Nasdaq: CAMP), a linked intelligence company aiding individuals and corporations boost operational functionality with a details-pushed remedies ecosystem, currently declared the appointment of Brennen Carson as its chief revenue officer (CRO). As CRO, Carson will support accelerate CalAmp’s penetration into the transportation and logistics market and drive sustainable profits streams.

Carson delivers around 15 a long time of knowledge in enterprise program-as-a-provider (SaaS) gross sales, directing cross-practical compact-to-medium-sized small business, mid-current market and business teams to drive major-line income. Most lately, Carson served as senior vice president of gross sales for driver-performance business Idelic, the place he was responsible for productively scaling the enterprise, creating helpful income shipping styles, and foremost and growing a higher-performing product sales crew. Less than his sales management, Idelic’s mid-marketplace earnings and pipeline worth enhanced by a triple-digit percentage.

Prior to Idelic, Carson served as