Tag: years

MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, major industry players and young engineers combined their expertise to accelerate the sector's energy transition. This year again, HSH Prince Albert II of Monaco, President of the Yacht Club de Monaco, was keen to meet the students, stopping at paddock to discover the latest advances and following the races up close from the pontoon. “This edition was quite unique. The event itself was quite unique because it is impossible to find so many young engineers working for the sustainability of the yachting industry at the same place at the same time. Monaco is still the place where we can be in advance and for that reason we are Capital of Advanced Yachting”, said Bernard d'Alessandri, YCM General Secretary. “We are very proud to host and to work with young generations and it is beautiful to see people from everywhere in the world heading to the same direction”, he added.

Planned submission of IND application in 2025; Phase 1 clinical trial to follow if IND application approved

TORONTO, July 07, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks today announces its intention to complete a non-brokered public offering of 5,000,000 units of the Corporation (the "Units") at a price of US$5.00 per Unit (the "Issue Price") for aggregate gross proceeds to the Corporation of US$25 million (the "Offering"). Each Unit will be comprised of one common share of the Corporation (each, a "Common Share") and one common share purchase warrant of the Corporation (each, a "Warrant"), with each Warrant being exercisable to acquire one Common Share at a price of C$8.16 for a period of five years from the date of issuance.