Technology

EliTe Solar Commissions High-Efficiency Solar Cell Production Facility in Indonesia

Published

1 year ago

December 6, 2024

BATAM, Indonesia, Dec. 6, 2024 /PRNewswire/ — On December 4, 2024, EliTe Solar successfully commissioned its high-efficiency solar cell production facility in Indonesia. This achievement represents a significant step in EliTe Solar’s global expansion and underscores the company’s commitment to optimizing Indonesia’s energy landscape, promoting clean energy adoption, and driving economic and social development in the region.

From Vision to Reality:

The commissioning of this facility marks a major milestone in EliTe Solar’s global green and low-carbon strategy. It was achieved through meticulous planning, effective collaboration with the Indonesian government and partners, and the dedication of EliTe Solar’s skilled production team.

The project’s timeline showcases the company’s efficient project management:

May 2024: Site selection finalized after thorough evaluation.June 2024: Equipment preparations began, marking the start of implementation.July 2024: Civil construction commenced, laying a solid foundation for success.September 2024: Specialized teams ensured precise installation of infrastructure and production equipment.October 2024: Process equipment installation began, signaling the final phase.December 2024: The facility was fully operational, demonstrating EliTe Solar’s signature “EliTe Speed” execution model.

Strengthening Global Competitiveness and Local Impact:

As the global photovoltaic (PV) market continues its rapid growth, EliTe Solar’s Indonesia facility strengthens the company’s strategic global footprint. With Indonesia’s vast solar potential—estimated at 3,294 GW—the new facility not only positions EliTe Solar to meet the growing demand but also supports the local economic development.

Key benefits include:

Job Creation: Generating significant employment opportunities and boosting local income levels.Economic Growth: Attracting upstream and downstream enterprises to create an industrial cluster.Sustainability Leadership: Fostering a green, efficient production environment aligned with global carbon reduction goals.

Expanding Global Reach: Upcoming Egypt Facility

EliTe Solar’s commitment to global energy transformation continues with a major investment in Egypt. On December 16, the Company will break ground on a new facility in the TEDA Suez Economic and Trade Cooperation Zone. This $150 million project, covering 78,000 square meters, will be constructed in two phases and aims to drive renewable energy growth in the Middle East.

A Vision for the Future:

The globalization of the PV industry is accelerating, and EliTe Solar is at the forefront of this transformation. The commissioning of the Indonesia facility enhances the Company’s global competitiveness and demonstrates its dedication to advancing the energy transition. With strategic investments in Indonesia, Egypt, and beyond, EliTe Solar is building a robust global supply chain to serve diverse markets.

Looking ahead, EliTe Solar will continue to pursue sustainable development, promote industrial innovation, and create a green, efficient production ecosystem—contributing to the growth of the global renewable energy industry.

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SOURCE EliTe Solar

Technology

IGCS International Announces Strategic Equity Investment by Lacks Enterprises

Published

25 seconds ago

April 22, 2026

DALLAS, April 22, 2026 /PRNewswire/ — IGCS International, a CVE-certified SDVOSB and leading provider of mission support and MRO supplies to the U.S. Department of Defense and federal agencies, today announced that Lacks Enterprises has acquired an equity stake in the company.

The strategic investment combines IGCS’s expertise in government supply chain, logistics, and MRO solutions with Lacks Enterprises’ advanced manufacturing capabilities, including electroplating, injection molding, composites, and testing for aerospace and defense.

“IGCS has built a strong track record supporting the Department of Defense… Partnering with Lacks Enterprises allows us to integrate cutting-edge manufacturing innovation into our offerings,” said Russ Spears, President of IGCS International.

Media Contact: Russ Spears, 214-733-7278, russ@igcsintl.com

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SOURCE IGCS International

Technology

Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026

Published

27 seconds ago

April 22, 2026

GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it will release financial results for the first quarter of 2026 after market close on Wednesday, May 13, 2026.

Management will host a conference call to discuss financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on May 13, 2026. Those interested in listening to the conference call may do so by dialing (877) 407-8216 for domestic callers or (412) 902-1015 for international callers and providing access code 13759613. A live and archived webcast of the event will be available in the “Investor Relations” section of the Shoulder Innovations website at https://ir.shoulderinnovations.com/.

About Shoulder Innovations
Shoulder Innovations is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations’ ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Shoulder Innovations’ ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.

Contact
Brian Johnston or Sam Bentzinger
Gilmartin Group LLC
ir@shoulderinnovations.com

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SOURCE Shoulder Innovations

Technology

Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

Published

29 seconds ago

April 22, 2026

MADISON, Wis., April 22, 2026 /PRNewswire/ — Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2026, ended March 31, 2026, during a conference call hosted by company management at 1:30 p.m. PT/4:30 p.m. ET on May 6, 2026.

The conference call dial-in numbers are 1-833-316-0563 (USA) or 1-412-317-5747 (international). In addition, a dial-up replay of the conference call will be available approximately one hour after the call’s conclusion for one week. The replay number is 1-855-669-9658 (USA) or 1-412-317-0088 (international), conference ID: 4178502.

A live webcast of the call will also be available from the Investor Relations section of the company’s website at investors.accuray.com. A webcast replay can be accessed on the website and will remain available until Accuray announces its results for the fourth quarter of fiscal 2026.

About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

Investor and Media Contact
Steve Monroe
VP, Financial Planning & Analysis, Accuray
Investor.relations@accuray.com

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SOURCE Accuray Incorporated