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Articles from FN Media Group LLC

Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a recent article issued by Fact.MR, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said: “The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.”   Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: PRZONASDAQPRZO, New Horizon Aircraft (NASDAQ: HOVRNASDAQ), Unusual Machines (NYSE: UMACUMAC).
By FN Media Group LLC · Via GlobeNewswire · February 27, 2025
Nasdaq Giants and Rising Innovators Face Critical Earnings Reports This Quarter
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group Market Commentary - Investors Brace for a High-Stakes Earnings Season as Key Players in Tech, EVs, and AI Reveal Their Performance. As earnings season heats up, several companies listed on the Nasdaq exchange are under the microscope. From emerging innovators to established market leaders, each faces unique challenges that will be revealed in their quarterly reports. The stakes are high, with market sentiment, stock prices, and future growth trajectories hanging in the balance. This quarter, Siyata Mobile (NASDAQSYTA), Rivian NASDAQ: RIVNNASDAQRIVN)(NASDAQ: TSLANASDAQTSLA, and Nvidia (NASDAQ: NVDANASDAQ) are at critical junctures that could shift the momentum of their stocks and influence broader market trends.
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
Drones Becoming Smaller, Lighter, More Reliable Allowing Them to Perform Broader Range of Tasks
PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Due to the advancements in software and artificial intelligence, the increasing use of drones is making it easier to control and automate them. They play a crucial role in improving farming techniques. Improving productivity, and are used for environmental monitoring, disaster relief, and search & rescue operations. Drones are becoming smaller, lighter, and more reliable, which allows them to perform a broader range of tasks. Their growing popularity stems from benefits such as improved efficiency, cost-effectiveness, and safety. The increase in precision farming needs, aiming to boost crop productivity, drives market growth. Drone OEMs are investing in R&D for thermal cameras, multispectral sensors, and LiDAR, improving drone efficacy in monitoring fields, creating vegetation maps, and detecting issues such as disease and irrigation irregularities. Thus, it drives the market growth during the forecast period. Agricultural drones, flying at a specific altitude with sensors, provide crucial analytical data for controls crop health, treatment, exploration, field soil analysis, and yield assessments, aiding farmers in making informed decisions and reducing time and costs. According to a report from MarketsAndMarkets “Commercial drones can be provided wireless coverage during emergency cases where each drone serves as an aerial wireless base station when the cellular network goes down. They can also be used to supplement the ground base station to provide better coverage and higher data rates for users. Drones can also assist various terrestrial networks, such as device-to-device and vehicular networks. For instance, due to their mobility and LOS Communications, drones can facilitate rapid formation dissemination among ground device. Furthermore, drones can potentially improve the reliability of wireless links in D2D and vehicle-to-vehicle (V2V) communications while exploiting transmit diversity.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQZENA), Draganfly Inc. NASDAQ: DPRONASDAQDPRO)(NASDAQ: EHNASDAQEH, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), AgEagle Aerial Systems Inc. (NYSE: UAVSUAVS).
By FN Media Group LLC · Via GlobeNewswire · February 27, 2025
As Fentanyl Crisis Escalates, Abuse-Deterrent Formulations to Zero in on the Rising Epidemic of Opiate Abuse
PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Abuse-deterrent transdermal technology can be used to prevent the misuse of drugs with abuse potential, such as fentanyl, by incorporating aversive agents into transdermal patches. Abuse-deterrent opioid formulations (ADFs) are designed to make it more difficult to abuse opioids by making them less attractive or rewarding, or by increasing the difficulty of manipulating them. ADFs can help reduce the risk of adverse effects associated with snorting or injecting opioids, and may also help prevent medication errors. Active companies in the industry include: Nutriband Inc. (NASDAQNTRB), Teva Pharmaceutical Industries Ltd. NYSE: TEVANYSETEVA)(NYSE: LLYNYSELLY, Novartis AG (NYSE: NVSNYSE), Amneal Pharmaceuticals, Inc. (NASDAQ: AMRXAMRX).
By FN Media Group LLC · Via GlobeNewswire · September 24, 2024
Leveraging Artificial Intelligence (AI) for Drone Operations Market Leading to Multi-Billion Dollar Revenue Opportunity
PALM BEACH, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A report from Verified Market Research said that the AI In Drone Market size is projected to reach USD 206.9 Billion by 2031, growing at a CAGR of 32.4% during the forecast period to 2031. The report said: “Developments in Technology: One of the main factors propelling the artificial intelligence (AI) market for drones is the quick development of AI technologies. Drone capabilities are improved by innovations like computer vision, machine learning, and real-time data processing, which enable advanced decision-making and autonomous navigation. These developments make it possible for drones to more effectively carry out difficult jobs like infrastructure inspection, precision farming, and search and rescue missions. Furthermore, a variety of businesses can incorporate drones into their operations as AI software becomes more widely available and reasonably priced, expanding the market. Demand in the industry is driven by the ongoing improvement of AI algorithms, which guarantee that drones can do ever-more-difficult tasks. Industry Acceptance: One of the main factors driving the market is the growing use of drones in a variety of sectors, such as construction, logistics, surveillance, and agriculture. Businesses are increasingly incorporating AI-enabled drones into their operations as they realize the efficiency, cost savings, and safety enhancements these technologies provide. AI drones improve crop monitoring and resource management in agriculture and expedite delivery procedures in logistics. Demand is further fueled by this cross-industry applicability, as businesses look to automation and improved data insights to gain a competitive edge. Drones’ increasing acceptance as vital instruments in contemporary operations propels market expansion and encourages innovation in the AI space. Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Rigetti Computing, Inc. NASDAQ: RGTINASDAQRGTI)(NASDAQ: AVAVNASDAQAVAV, Unusual Machines (NYSE: UMACNYSE), Safe Pro Group Inc. (NASDAQ: SPAISPAI).
By FN Media Group LLC · Via GlobeNewswire · February 20, 2025
Quantum Computing Solutions Big Influence on Commercial & Military Drone Applications Drastically Improving Operations
PALM BEACH, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Recent reports on the quantum computing market all seem to project substantial growth for years to come and will enter into a multitude of uses… including drones. A recent International Conference of Intelligent Computing & Optimization Conference paper, titled “Enhancing Privacy and Security for UAV and IoT Enabled Drones an Intelligent Integration of Blockchain, AI, and Quantum Computing” had this to say, in part: “Unmanned aerial vehicles (UAVs) and drones have seen an upsurge in their usage in various industries due to the advancement of the Internet of Things (IoT). Nevertheless, the extensive use of these technologies has given rise to concerns over privacy, data integrity, and security. This research presents a pioneering approach to tackle these challenges by amalgamating Blockchain technology, artificial intelligence (AI), and quantum computing. By virtue of its decentralized and immutable nature, blockchain can safeguard data integrity for UAVs and drones. A blockchain-based system can store all drone data transfers on distributed ledgers, thus enhancing transparency and reducing the risk of malicious tampering. The use of AI can significantly benefit drone operations and decision-making. AI systems empower drones to dynamically reroute themselves, predict potential security hazards, and adapt to new situations. Furthermore, AI’s real-time data processing can enhance anomaly detection and response times. Quantum computing, although still in its nascent stages, furnishes unparalleled processing capability. Drone data encryption is almost unfeasible to decrypt using conventional computing methods, as per quantum-enhanced security protocols that can be devised owing to quantum physics.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), D-Wave Quantum Inc. NYSE: QBTSNYSEQBTS)(NASDAQ: QUBTNASDAQQUBT, IonQ (NYSE: IONQNYSE), Quantum Corporation (NASDAQ: QMCOQMCO).
By FN Media Group LLC · Via GlobeNewswire · February 20, 2025
Integration of Emerging Technologies for Military Drone Market Presenting a Significant Growth Opportunity
PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The surge in global defense budgets has had a significant impact on the Global Military Drone Market. As political tensions rise worldwide, nations are investing in cutting-edge unmanned aerial systems (UAS) to bolster their defense and security capabilities. Increased defense expenditure has allowed countries like the United States, China, and other NATO members to allocate substantial funds to advanced drone programs, enhancing surveillance, supporting combat missions, and improving autonomous drone features. A recent report from an industry expert said that: “The growing demand for real-time intelligence in dynamic, complex military environments has significantly increased the need for sophisticated drones equipped with advanced surveillance and reconnaissance capabilities. Military drones are now integrated with cutting-edge technologies such as high-resolution cameras, infrared sensors, and other advanced systems that enhance situational awareness for both tactical operations and comprehensive intelligence gathering. For instance, the Northrop Grumman RQ-4 Global Hawk is capable of surveying over 40,000 square miles in a single day, providing extensive monitoring of large areas. This level of surveillance is invaluable for sustained military operations in regions like Ukraine and other conflict zones, where real-time intelligence is crucial for strategic decision-making and operational effectiveness.”   Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment NASDAQ: AVAVNASDAQAVAV)(NASDAQ: KTOSNASDAQKTOS, L3Harris Technologies (NYSE: LHXNYSE), Unusual Machines (NYSE: UMACUMAC).
By FN Media Group LLC · Via GlobeNewswire · February 13, 2025
Military Billion Dollar Drone Market Expecting Substantial Growth Opportunity as Usage Skyrockets
PALM BEACH, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Military Drone Market is expected to see substantial growth in the coming years. A recent report from Straits Research. Said that the global military drone market size was valued at USD 21.81 billion in 2024 and is expected to grow from USD 24.25 billion in 2025 to reach USD 56.69 billion by 2033, growing at a CAGR of 11.20% during the forecast period (2025-2033). The report said: “A military drone, also known as an unmanned aerial vehicle (UAV), is a type of aircraft that operates without a human pilot on board. These drones are equipped with advanced technologies for surveillance, reconnaissance, intelligence gathering, and, in some cases, targeted strikes. Military drones are used extensively in modern warfare for a variety of roles, including combat, surveillance, logistical support, and search-and-rescue missions. The global market is experiencing rapid growth, driven by technological advancements and increasing global demand for enhanced surveillance, intelligence, and reconnaissance capabilities. As nations recognize the strategic advantages of unmanned aerial systems (UAS) in military operations, drones are increasingly deployed in both combat and non-combat roles. This expansion is further supported by rising defense budgets, particularly in regions such as Asia-Pacific, Europe, and the Middle East. Despite the promising growth, there are significant challenges facing the global market, including complex regulatory issues and ethical concerns surrounding the use of autonomous weapons. However, innovations in artificial intelligence (AI), miniaturization, and battery life are expected to open new growth opportunities, enabling more advanced, efficient, and versatile drone capabilities in the near future.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: EHNASDAQEH, Vertical Aerospace (NYSE: EVTLNYSE), The Boeing Company (NYSE: BABA).
By FN Media Group LLC · Via GlobeNewswire · February 13, 2025
Artificial Intelligence (AI) Influence on Healthcare Market Expected to Generate Revenues of $610 Billion By 2034
PALM BEACH, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The growing adoption of the digital technologies in the healthcare sector owing to the growing need for reducing the healthcare costs and offer enhanced quality patient care services to the patients are the prominent factors that are boosting the growth of the global artificial intelligence in healthcare market. The surging prevalence of various chronic diseases and growing elderly population is resulting in the increased pool of patients at hospitals. The large volume of patient health data is generated every day, which is required to be stored and managed effectively. The growing demand for the personalized medicines and the necessity of maintaining digital health records are significantly driving the artificial intelligence in healthcare market. The novel technologies like artificial intelligence and machine learning are now being integrated to the healthcare systems that will allow the health professionals in early identification of the diseases and offer enhanced care services to the patients. Moreover, the data analytics, deep learning technology, natural language processing (NPL), predictive analytics, and content analytics are supporting the healthcare professionals in early diagnosis and care services. A report from Precedence Research said that the global artificial intelligence (AI) in healthcare market size accounted for USD 26.69 billion in 2024 and is predicted to reach around USD 613.81 billion by 2034, growing at a CAGR of 36.83% from 2024 to 2034. North America AI in healthcare market size reached USD 8.67 billion in 2023. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Tempus AI, Inc. (NASDAQTEM), BigBear.ai NYSE: BBAINYSEBBAI)(NASDAQ: TALKNASDAQTALK, SoundHound AI, Inc. (NASDAQ: SOUNNASDAQ).
By FN Media Group LLC · Via GlobeNewswire · February 11, 2025
Drone Manufacturers Scrambling to Keep Up with Growing Demand as Drone Applications Skyrocket
PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drones are being increasingly adopted in a growing number of industries such as military, defense, land surveying, agriculture for crop monitoring, energy for inspecting power lines among others. The versatility of drones to perform various tasks efficiently is driving their adoption. Drones can be used to monitor hostile environments and enemy activity as well as used for strategic and operational reconnaissance. Commercial Drones are remotely piloted, optionally piloted, or fully autonomous aerial vehicles that play a significant role in plenty of sectors. They are commonly termed drones and are mostly known for their wide usage in various functions, such as Surveying & Mapping, Inspection & Monitoring among others. These vehicles are also used for mapping, surveying, and determining the weather conditions of a specific area. According to recent industry reports, the markets are poised to continue substantial growth in years to come. MarketsAndMarkets project that The Commercial Drone market is projected to grow at a CAGR of 11.2% from 2024 to 2030. The report said: “Based on End Use, the Transport, Logistics and Warehousing segment is anticipated to record the highest growth rate during the forecast period By End Use, the Drone market has been segmented into logistics & transportation, agriculture, energy & power, military, construction & mining, media & entertainment, insurance, wildlife & forestry, academics & research. Logistics & Transportation segment is estimated to record the highest CAGR during the forecast period with the significant growth of the global e-commerce sector, postal companies are opting for new methods to modify their traditional delivery business models. Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), ParaZero Technologies Ltd. NASDAQ: PRZONASDAQPRZO)(NASDAQ: AVAVNASDAQAVAV, EHang Holdings Limited (NASDAQ: EHNASDAQ), AgEagle Aerial Systems Inc. (NYSE: UAVSUAVS).
By FN Media Group LLC · Via GlobeNewswire · February 6, 2025
Mixed Martial Arts (MMA) Market is Substantially Growing, Morphing into a Billion Dollar Opportunity
PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The mixed martial arts (MMA) equipment market has been substantially growing over the past several years and is projected to continue in the coming years. The increasing public participation, easy availability of advanced training facilities, and the integration of advanced technologies represent some of the key factors driving the market. A report from IMARC Group projected that the global mixed martial arts equipment market size reached USD 1.39 Billion in 2024 and is looking forward to reach USD 2.13 Billion by 2033, exhibiting a growth rate (CAGR) of 4.64% during 2025-2033. The report said: “Mixed martial arts (MMA) refer to a hybrid combat sport that employs various fighting skills and techniques. It is performed using various equipment to facilitate the training or fight, such as a mouth and groin guard, punching bag, gloves, shorts, shin guards, hand wraps, ankle, elbow, and knee pads, and headgear. Amongst these, hand wraps help protect hands during training and fighting competitively, while the headgear is used for sparring to shield the skull from harsh strikes. At present, leading players operating worldwide are launching MMA equipment in various materials, types, and designs. These players are offering customizations to meet the requirements of the consumers and expanding their product portfolio.” Active Companies in the markets today include Mixed Martial Arts Group Limited (NYSEMMA), Sphere Entertainment Co. NYSE: SPHRNYSESPHR)(NASDAQ: METANASDAQMETA, Live Nation Entertainment, Inc. (NYSE: LYVNYSE), Peloton Interactive, Inc. (NASDAQ: PTONPTON).
By FN Media Group LLC · Via GlobeNewswire · February 6, 2025
Drones Providing Valuable Military Intelligence & Surveillance Solutions as Drone Market Skyrockets with Potential
PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The increasing terrorism around the globe is expected to boost the growth of the military drone market going forward. Terrorism refers to an act of violence that would put others in danger while showing a blatant disdain for the harm IT would do. Governments and military organizations often use military drones in counter-terrorism efforts. Drones can provide valuable intelligence, surveillance, and reconnaissance (ISR) capabilities to monitor and track terrorist activities. The need for real-time data and actionable intelligence in counter-terrorism operations drives the demand for military drones. A recent report said that the military drones market size is expected to see strong growth in the next few years. It will grow to $21.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The report said that: The Global Military Drones Market Trend: Innovative Products Expand The Military Drone Market. Major companies operating in the military drone market are developing new products such as hybrid unmanned aerial systems to meet larger customer bases, more sales, and increase revenue. A hybrid unmanned aerial system (UAS) refers to a type of drone or unmanned aircraft system that combines multiple propulsion systems or energy sources to enable enhanced operational capabilities.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Kratos Defense & Security Solutions, Inc. NASDAQ: KTOSNASDAQKTOS)(NASDAQ: PRZONASDAQPRZO, Lockheed Martin Corporation (NYSE: LMTNYSE), RTX Corporation (NYSE: RTXRTX).
By FN Media Group LLC · Via GlobeNewswire · January 30, 2025
Global Drug Screening Market Is Forecasted to Reach $19.5 Billion By 2029
PALM BEACH, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Due to the expanding consumption of illicit drugs & alcohol across the globe the Drug Screening market is poised to grow substantially in the coming years. Drug abuse and alcohol consumption are growing worldwide. According to the World Drug Report 2023, in 2021, 1 in every 17 people aged 15–64 in the world had used a drug in the past 12 months. The number of users grew from 240 million in 2011 to 296 million in 2021 or 5.8% of the global population aged 15-64. This is a 23% increase, partly due to population growth. Other drugs like Cannabis the second most used drug, with an estimated 219 million users i.e. 4.3% of the global adult population in 2021. In 2021, according to the US Department of Transportation, National Highway Traffic Safety Administration (NHTSA), 13,384 people died in alcohol-impaired driving crashes, i.e. a 14% rise from last year. A report from MarketsAndMarkets projected that: “The global drug screening market, valued at US$7.7 billion in 2023, is forecasted to grow at a robust CAGR of 16.6%, reaching US$9.1 billion in 2024 and an impressive US$19.5 billion by 2029.North America dominates the drug screening market. This market is projected to reach USD 9.3 billion by 2029, at a CAGR of 16.4% during the forecast period. The expanding consumption of illicit drugs & alcohol will advance raise the development of drug screening products & services on the road, thereby driving the overall market growth.”   Active companies in news today include:   Intelligent Bio Solutions Inc. (NASDAQINBS), Cardio Diagnostics Holdings, Inc. NASDAQ: CDIONASDAQCDIO)(NASDAQ: BIAFNASDAQBIAF, Trinity Biotech plc (NASDAQ: TRIBNASDAQ), SOBR Safe, Inc. (NASDAQ: SOBRSOBR).
By FN Media Group LLC · Via GlobeNewswire · January 30, 2025
Military Drones Market Heating Up as Multi-Billion Dollar Industry Realizing Rapidly Increasing Demand
PALM BEACH, Fla. , Jan. 30, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military drone refers to unmanned aerial vehicles that are specifically used for military purposes such as border surveillance, battle damage management, combat operations, communication, delivery, and anti-terrorism weaponry. The main types of military drones are fixed-wing, rotary-wing, and hybrid. A fixed-wing drone is a plane that doesn't have a human pilot on board. Fixed-wing UAVs can be commanded remotely by a human or Autonomously by onboard systems. The different types of drones include MALE, HALE, TUAV, UCAV, SUAV and involve various technologies such as remotely operated, semi-autonomous, autonomous. It is used in Search And Rescue, national defense, military exercises, and others. According to a report from The Business Research Company, the military drones market size has grown strongly in recent years. It will grow from $15.93 billion in 2024 to $17.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing military expenditure, increasing the use of military drones, increasing government funding for military drones and low interest rates. The report said: “The military drones market size is expected to see strong growth in the next few years. The growth in the forecast period can be attributed to an increase in government funds and increasing internal and external security threats. Major trends in the forecast period include strategic mergers and acquisitions, focus on use of 3D printing, use of the internet of things (IoT), focus on implementing autonomous systems and focusing on implementing emerging technologies such as artificial intelligence (AI).” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Northrop Grumman Corporation NYSE: NOCNYSENOC)(NASDAQ: AVAVNASDAQAVAV, The Boeing Company (NYSE: BANYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).
By FN Media Group LLC · Via GlobeNewswire · January 30, 2025
Adoption of Drones-as-a-Service Industry Explodes Along Rising Revenue Opportunities in the Billions
PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone market size continues to expand as the drone services industry evolves, offering a diverse range of services for both remotely controlled and autonomously flown drones. This industry integrates software-controlled flight plans into drones' embedded systems, making it a critical component in sectors like agriculture, insurance, construction, marine, aviation, oil & gas, mining, and infrastructure. The demand for these services, which includes tasks such as search and rescue, package delivery, industrial inspections, imaging, and healthcare supply distribution to remote areas, significantly contributes to the growing drone market size. A study from MarketsAndMarkets said the Global Drone Services Market Size, which was valued at USD 17.0 billion in 2023, is estimated to reach USD 57.8 billion by 2028, growing at a CAGR of 27.7% during the forecast period. The report said: “In terms of market segmentation, drone services are categorized by the type of service provided, including platform services (further divided into flight piloting and operation, data analysis, and data processing), maintenance, repair, and operations (MRO), and simulation and training. The application-based segmentation encompasses inspection and monitoring, mapping and surveying, spraying and seeding, filming and photography, transport and delivery, as well as security, search, and rescue. The industry-based segmentation covers a wide spectrum of sectors, including construction and infrastructure, agriculture, utility, oil & gas, mining, defense and law enforcement, media and entertainment scientific research, insurance, aviation, marine, healthcare and social assistance, and transportation, logistics, and warehousing. These industries rely heavily on drones for functions like inspection, monitoring, and photography, further driving the drone market size.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: EHNASDAQEH, Unusual Machines, Inc. (NYSE: UMACNYSE), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
By FN Media Group LLC · Via GlobeNewswire · January 24, 2025
The Drone Market Size Continues to Rise Steeply Generating Lucrative Revenue Opportunity
PALM BEACH, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone platform services segment dominated the global drone services market share in recent years and is estimated to be the fastest growing through 2032. This is due to the growing use of drones for emergency response and public safety. Drone platform services refer to a range of software and hardware solutions that enable the safe and efficient operation of drones. Drone MRO services comprise maintenance, repair, and overhaul services for items such as wind turbine blades, solar plates, and oil & gas pipelines, especially in hard-to-reach locations. The drone MRO services segment is expected to register significant growth during the forecast period due to increasing demand for low cost and effective inspection services across various sectors. Autonomous drones are UAVs that can operate without human intervention, using advanced software, sensors, and cameras. These drones have been playing an essential role in various industries such as agriculture, construction, mining, and logistics. The introduction of artificial intelligence (AI) software improves the overall performance of unmanned aerial systems, enabling drones to recognize objects, examine information, and provide real-time analytical feedback. A report from Fortune Business Insights said that: “The increase in precision farming needs, aiming to boost crop productivity, drives market growth. Drone OEMs are investing in R&D for thermal cameras, multispectral sensors, and LiDAR, improving drone efficacy in monitoring fields, creating vegetation maps, and detecting issues such as disease and irrigation irregularities. Thus, it drives the market growth during the forecast period.”    Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: PDYNNASDAQPDYN, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Ambarella, Inc. (NASDAQ: AMBAAMBA).
By FN Media Group LLC · Via GlobeNewswire · January 24, 2025
Demand for Advanced Pancreatic Cancer Treatments at All Time High as Promising Options Come into Focus
PALM BEACH, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The demand for effective pancreatic cancer treatments is and has been undeniably high. The growing number of diagnoses, with the aggressive nature of the disease, fuels the market. This demand is further amplified by rising awareness and a focus on personalized medicine, leading to potentially more targeted and effective therapies. Pancreatic cancer remains a formidable foe, with the American Cancer Society estimating over 66,000 new diagnoses and a staggering 51,750 deaths in the US alone for 2024. This translates to 3% of all cancers and a grim 7% of all cancer fatalities, highlighting the urgent need for improved treatment options. The pancreatic cancer treatment market is driven by several factors, including the rising prevalence of obesity, alcohol consumption, and smoking. These lifestyle factors, combined with the growing geriatric population, are expected to fuel market growth. Additionally, personal or family history of pancreatitis and BRCA2 mutation predisposes individuals to pancreatic cancer, further driving demand for effective treatments. A recent report from S&S Insider said that the Pancreatic Cancer Treatment Market size is expected to reach USD 10.53 billion by 2032 and grow at a CAGR of 15.85%. The report continued: “On the supply side, pharmaceutical companies are actively involved in research and development… Moreover, 322 studies were under clinical trial according to clinicaltrail.com in their 3, and 4 phases. Governments also play a crucial role with increased funding for research initiatives and streamlined regulatory processes can accelerate the development and approval of new treatments. Collaborations between public and private entities foster progress, with the shared goal of improving patient outcomes. The overall market for pancreatic cancer treatments is expected to experience significant growth due to the increasing prevalence of the disease and the ongoing search for effective therapies. The development of innovative approaches… offers hope for patients and presents opportunities for pharmaceutical companies and research institutions.” Active biotech and pharma companies in the markets this week include Oncolytics Biotech® Inc. (NASDAQONCY) (TSX: ONC), GSK plc NYSE: GSKNYSEGSK)(NASDAQ: AZNNASDAQAZN, Gilead Sciences, Inc. (NASDAQ: GILDNASDAQ), Bristol Myers Squibb (NYSE: BMYBMY).
By FN Media Group LLC · Via GlobeNewswire · January 22, 2025
Growing Trend of Companies Allocating Portions of Their Treasuries to Bitcoin Mounting as Cryptocurrency Adoption Rises
PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The usage of cryptocurrencies and their sources of mining are both growing exponentially around the globe and are projected to continue in the coming years. According to a report from ResearchAndMarkets, describing the growing crypto outlook said: “The cryptocurrency market is forecasted to grow by USD 39.74 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period.” Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers. One of the major drivers for this market is the rising investment in digital assets.” Another report from Precedence Research that focused on mining said: “The global cryptocurrency mining market size is calculated at USD 2.45 billion in 2024, grew to USD 2.77 billion in 2025 and is predicted to surpass around USD 8.24 billion by 2034, expanding at a CAGR of 12.90% between 2024 and 2034. Bitcoin and numerous other cryptocurrencies service the mining progression to produce a new exchange and validate fresh transactions. Bitcoin operates on a distributed network or decentralized computer network that keeps track of cryptocurrency. New bitcoins are generated or mined when machines on the system authenticate and process the transaction. The transaction is processed by these computer networks, or miners, in return for a Bitcoin reward.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), MicroStrategy® Incorporated NASDAQ: MSTRNASDAQMSTR)(NASDAQ: RUMNASDAQRUM, MARA Holdings, Inc. (NASDAQ: MARANASDAQ), Riot Platforms, Inc. (NASDAQ: RIOTRIOT).
By FN Media Group LLC · Via GlobeNewswire · January 21, 2025
Global Drone Surveying Market is Estimated to Reach $8.06 Billion by End of 2033 as Technological Advancements Hit the Market
PALM BEACH, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone industry as a whole has been on a technological improvement spree for a quite long time. The drone industry has witnessed multiple breakthroughs in its uses and operations. The drone market is flooded with companies providing an abundance of drone-related products and services. Drone surveying services have emerged as one of the most sought-after drone-related services in the past few years. Drone surveying services are being applied in multiple industries such as agriculture, mining, infrastructural development, energy, transportation, etc. and the demand continues to increase and more industries are expected to integrate drones for their operation use. A report from Fact.MR said that the global drone surveying market, which reached a valuation of approximately US$ 1380.4, is further expected to grow at a CAGR of 19.3% through 2033 and achieve a valuation of US$ 8061.5 million by the end of 2033. The drone surveying market, which accounted for 21% of the total drone service market in 2022 is expected to increase its share in the total drone service market by the end of the forecast period. Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: RCATNASDAQRCAT, Draganfly Inc. (NASDAQ: DPRONASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
By FN Media Group LLC · Via GlobeNewswire · January 16, 2025
Land Survey Industry Poised for Drone-Driven Transformation as Market Approaches $12.6 Billion
PALM BEACH, Fla., Jan. 16, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a report from industry insider DroneXl, the land survey equipment market is on track to reach $12.56 billion by 2028, driven by increasing urbanization and the adoption of Drone Technology across various industries. Traditional land surveying methods are giving way to more efficient drone-based solutions that can complete surveys in hours rather than weeks or months according to industry analysis. The transformation is particularly evident in developing nations where smart city initiatives are creating unprecedented demand for precise surveying capabilities. Governments in India, Peru, and China are leading this charge, requiring thorough site surveys before launching ambitious urban development projects. It continued saying: “Drones have emerged as the preferred tool for land surveying, offering superior efficiency and flexibility compared to traditional methods. Modern survey drones combine aerial photography, mapping capabilities, and GNSS technology to capture comprehensive topographic data with unprecedented speed and accuracy. The technology’s appeal lies in its ability to integrate multiple data collection methods: High-resolution aerial photography; LiDAR scanning for precise measurements; GPS positioning for accurate geolocation; and Video capture for detailed site documentation.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), The Boeing Company NYSE: BANYSEBA)(NASDAQ: SPAINASDAQSPAI, EHang Holdings Limited (NASDAQ: EHNASDAQ), Unusual Machines, Inc. (NYSE: UMACUMAC).
By FN Media Group LLC · Via GlobeNewswire · January 16, 2025
Carbon Fiber Market Projected to Grow Significantly as Increasing Demand for Growing Number of Industries Rises
PALM BEACH, Fla., Jan. 14, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global carbon fiber market has been growing substantially in recent years and is poised to continue in the years to come. The carbon fiber market is driven by the material's advantageous properties and strong demand across diverse sectors. One significant driver is the growing need for lightweight and high-strength materials in the automotive and aerospace industries. Carbon fiber is renowned for its high strength-to-weight ratio, which makes it ideal for manufacturing lighter vehicles and aircraft. This results in increased fuel efficiency and reduced emissions, aligning with global efforts to meet sustainability goals and reduce environmental impact. In aerospace, the use of carbon fiber components contributes to reduced fuel consumption and enhanced aircraft performance, making it highly valued for modern aircraft and spacecraft design. A report from Grand View Research said that the global carbon fiber market size was estimated at USD $5.75 billion in 2024 and is projected to grow at a CAGR of 10.9% from 2025 to 2030. It continued: “This growth can be attributed to the rising use of carbon fiber in wind energy applications, driven by the global shift toward renewable energy. As countries aim to reduce their dependence on fossil fuels, the demand for wind turbines is increasing, and carbon fiber's strength and durability make it ideal for turbine blades. Carbon fiber allows for longer and more efficient blades that capture more wind energy, thus improving the efficiency of wind farms.”   Active companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), NuScale Power Corporation NYSE: SMRNYSESMR)(NASDAQ: NNENASDAQNNE, Oklo Inc. (NYSE: OKLONYSE), NVIDIA Corporation (NASDAQ: NVDANVDA).
By FN Media Group LLC · Via GlobeNewswire · January 14, 2025
Global Drones Market Driven by Advancements in Technology and Soaring Demand Across Wide Range of Sectors
PALM BEACH, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to a Research and Markets recent article: “Rapid advancements in drone technology are significantly contributing to the drones market growth. Innovations such as artificial intelligence (AI), machine learning (ML), and improved sensor technology have enhanced the capabilities of drones, enabling them to perform more complex tasks with greater precision and efficiency. The integration of AI and ML, for instance, allows drones to analyze data in real-time, optimize flight paths, and make autonomous decisions. Farmers and agribusinesses are leveraging drone technology for precision farming, monitoring crop health, and optimizing the use of water and fertilizers. By providing real-time data on crop conditions, drones are helping farmers increase productivity while reducing resource wastage, thus driving market demand in the agricultural sector. Furthermore, advancements in battery technology and propulsion systems have improved the endurance and range of drones, allowing them to operate for longer periods and cover greater distances. With the development of more efficient and environmentally friendly drones, market players are focusing on delivering drones with enhanced payload capacities, durability, and flight times.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: PDYNNASDAQPDYN, ParaZero Technologies Ltd. (NASDAQ: PRZONASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
By FN Media Group LLC · Via GlobeNewswire · January 10, 2025
Growing Number of Industries Embracing Commercial Drone Operations as Demand Skyrockets
PALM BEACH, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Numerous industry reports agree that the global drone markets will continue to thrive and exceed present revenues in the coming years. According to a report from Research and Markets, the global drones market size reached a value of USD $38.25 billion in 2023 (and USD $48.62 Billions in 2024). Aided by the increasing adoption of drones across various sectors, including agriculture, defense, logistics, and entertainment, the market is projected to further grow at a CAGR of 22.4% between 2024 and 2032 to reach a value of USD $244.95 billion by 2032. The report said: “One of the major drones market trends is the increasing use of drones in agriculture. Farmers and agribusinesses are leveraging drone technology for precision farming, monitoring crop health, and optimizing the use of water and fertilizers. By providing real-time data on crop conditions, drones are helping farmers increase productivity while reducing resource wastage, thus driving market demand in the agricultural sector. Similarly, the logistics industry is experiencing a revolution with the rise of drone deliveries. Several companies, including major retail giants and e-commerce platforms, are exploring drone technology to facilitate faster and more cost-efficient deliveries, particularly in remote or hard-to-reach areas.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: RCATNASDAQRCAT, EHang Holdings Limited (NASDAQ: EHNASDAQ), Unusual Machines, Inc. (NYSE: UMACUMAC).
By FN Media Group LLC · Via GlobeNewswire · January 10, 2025
Mixed Martial Arts (MMA) Market Quickly Rising in Popularity Fueling Goal to Open the Sport Everywhere
PALM BEACH, Fla., Jan. 08, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The popularity of mixed martial arts (MMA) and other combat sports is rising as people become more conscious of the importance of leading healthy lives. Engaging in mixed martial arts (MMA) provides numerous health advantages, including the development of stronger abdominal muscles, enhanced coordination, and increased body and muscle flexibility. Therefore, growing public awareness of the value of leading healthy lives will promote MMA adoption and rising sales of MMA-related gear, including gloves, protective gear, and training aids. Mixed martial arts (MMA) is a combat sport that incorporates various fighting skills and techniques. To train effectively and compete safely, athletes use various types of equipment, including punching bags, gloves, shorts, shin guards, hand wraps, ankle, elbow, knee pads, and headgear. Each piece of equipment plays a crucial role — hand wraps protect hands during intense training sessions and fights, while headgear shields the skull from heavy blows during sparring. A recent report from Straits Research said that the global mixed martial arts equipment market was valued at USD 1.43 billion in 2023. It is estimated to reach USD 2.15 billion by 2032, growing at a CAGR of 4.65% during the forecast period (2024–2032). Active Companies in the markets today include Mixed Martial Arts Group Limited (NYSEMMA), TKO Group Holdings NYSE: TKONYSETKO)(NYSE: EDRNYSEEDR, Sphere Entertainment Co. (NYSE: SPHRNYSE), Meta Platforms, Inc. (NASDAQ: METAMETA).
By FN Media Group LLC · Via GlobeNewswire · January 8, 2025
Global Mobile Fuel Delivery System Market Size Expected to Reach $8.75 Billion by 2032
PALM BEACH, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A Mobile Fuel Delivery System is a system that enables fuel delivery directly to a vehicle, machine, or equipment wherever they are located. It typically involves a mobile fuel delivery vehicle, such as a tanker truck or trailer, that carries fuel to the customer's location and pumps it directly into their equipment. This system is commonly used by businesses that rely on large fleets of vehicles or equipment, such as construction companies, transportation companies, and agricultural operations. It can also be used by individuals who need fuel delivered to remote or hard-to-reach locations. Therefore, the mobile fuel delivery system market is predicted to expand over the forecast period. Based on product type, petrol, and diesel fuel are the most in demand. On the other hand, truck and generator applications contribute to the highest demand for the mobile fuel delivery system market which is anticipated to expand the market scope in the coming years. A report from Business Research Insights said that the global Mobile Fuel Delivery System Market size was valued at approximately USD 5.06 billion in 2024 and is expected to reach USD 8.75 billion by 2032, growing at a CAGR of about 7.1%. during the forecast period. Active Companies in the markets today include EzFill Holdings, Inc. (NASDAQEZFL), Amazon NASDAQ: AMZNNASDAQAMZN)(NYSE: SHELNYSESHEL, Exxon Mobil Corporation (NYSE: XOMNYSE), DoorDash, Inc. (NASDAQ: DASHDASH).
By FN Media Group LLC · Via GlobeNewswire · January 7, 2025
Global Commercial Drone Usage Surging as Market Size Expected to Reach $93.78 Billion by 2033
PALM BEACH, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A commercial drone is defined as a quadcopter, octocopter, or hexacopter used for commercial purposes rather than personal and recreational use. Commercial drones operate in the same way that personal drones do. They are outfitted with flight control computers and sensors to hover and perform programmed movements. Commercial drones can do more than hover or fly back and forth. They are equipped with high-definition thermal cameras that allow the pilots to see what the drone sees in real-time. Furthermore, some drones can stay in the air for hours and fly hundreds of feet. Drones are deployed for various tasks, including filming and emergency response. Due to their capacity to survey the property, offer ongoing and accurate project alerts, increase safety, and prevent hazardous accidents on construction sites, these devices are also in high demand in the real estate and construction sectors. Drone business use cases have expanded significantly over the past few years. Designing, evaluating, and upgrading solutions for diverse markets is an ongoing task for market participants like drone producers and software providers. A recent report by Straits Research said that the global commercial drone market size was valued at USD 29.91 billion in 2024 and is expected to reach from USD 33.96 billion in 2025 to USD 93.78 billion by 2033, growing at a CAGR of 13.54% during the forecast period (2025–2033). Active Companies in the markets today include ParaZero Technologies Ltd. (NASDAQPRZO), Nukkleus, Inc. NASDAQ: NUKKNASDAQNUKK)(NYSE: KULRNYSEKULR, Silynxcom Ltd. (NYSE: SYNXNYSE), Serve Robotics Inc. (NASDAQ: SERVSERV).
By FN Media Group LLC · Via GlobeNewswire · January 7, 2025
Technological Innovation of Advanced Drone Systems Playing Integral Role in Strengthening Military Defense Operations
PALM BEACH, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global military drone market is an active market around the world. Recent reports show that the growth is predicted to continue to grow through 2030. One report says that the degree of innovation in the market is high. This is driven by continuous advancements in artificial intelligence, sensor technologies, and autonomous systems, which are significantly enhancing the capabilities of military drones. Furthermore, the ongoing development of swarm technologies and counter-drone measures highlights the dynamic and cutting-edge nature of this market, as militaries worldwide invest heavily in R&D to maintain strategic and technological superiority. The level of mergers and acquisitions in the market is high. “This is primarily due to the strategic need for companies to enhance their technological capabilities and expand their product portfolios to remain competitive. Larger defense contractors are actively acquiring innovative startups and specialized firms to gain access to cutting-edge drone technologies, artificial intelligence, and advanced manufacturing processes. The market has a high level of end user concentration. This is because the primary users of military drones are national defense and security agencies, which constitute a relatively small and specialized customer base. These agencies often have significant purchasing power and specific requirements, leading to a concentrated market where a few key customers dominate demand. In addition, the high costs and complex procurement processes associated with military drones further limit the number of end users, reinforcing the high concentration in this market.” Active Companies in the market today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: SPAINASDAQSPAI, Lockheed Martin (NYSE: LMTNYSE), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOSKTOS).
By FN Media Group LLC · Via GlobeNewswire · January 2, 2025
Adoption of Autonomous Drones Rises for Military Operations Fueled by Cutting-Edge Technology
PALM BEACH, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global military drone market is witnessing rapid technological advancements, with significant improvements in drone capabilities such as endurance, payload capacity, and stealth features. Innovations in materials science, battery technology, and miniaturization are enabling drones to fly longer, carry heavier loads, and avoid detection more effectively. A report from Grand View Research predicted that the Global Military Drone Market Size is projected to grow at a CAGR of 13.8% from 2024 to 2030. The report said: “There is a growing trend towards the adoption of autonomous and semi-autonomous drone systems in military operations. Autonomous drones can perform complex missions with minimal human intervention, reducing the risk to personnel and increasing mission success rates. The development of sophisticated algorithms for navigation, target recognition, and obstacle avoidance is driving market growth. Military drones are increasingly being integrated with other defense systems to create a cohesive and interconnected battlefield environment. This integration includes linking drones with ground-based radar systems, manned aircraft, and naval vessels, enabling seamless data sharing and coordinated operations. The concept of network-centric warfare, where various military assets are interconnected through a robust communication network, is driving market growth.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: RCATNASDAQRCAT, Ondas Holdings Inc. (NASDAQ: ONDSNASDAQ), Draganfly Inc. (NASDAQ: DPRODPRO) (CSE: DPRO).
By FN Media Group LLC · Via GlobeNewswire · January 2, 2025
Critical Role of Vibration Mitigation in Safety and Comfort of Helicopter Operations
PALM BEACH, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Helicopters play a critical role in modern transportation, from urban air mobility to emergency medical services and defense missions. However, one of the greatest challenges in rotorcraft design and operation is managing vibrations caused by the powerful mechanics of rotary systems. Mitigating the vibration matters because Helicopters face inherent vibration issues due to the dynamic interaction of rotors, engines, and airframes. Left unchecked, vibrations can lead to: Structural Fatigue and Maintenance Costs: Excessive vibrations accelerate wear and tear on critical components, increasing maintenance needs and reducing operational uptime; Reduced Passenger Comfort: Vibrations compromise the quality of the flight experience, particularly in urban air mobility where passenger satisfaction is critical; Operational Inefficiencies: Vibrations affect avionics performance and fuel efficiency, directly impacting mission success; and Effective vibration mitigation technologies ensure smoother, safer, and more efficient helicopter operations while extending the service life of rotorcraft systems. According to a report from Nova1Advisor said: “The U.S. vibration control system market size is projected to hit around $1.62 Billion by 2033, growing at a CAGR of 6.7% during the forecast period 2024 to 2033. Vibration control systems (VCS) effectively detect and analyze vibrations by utilizing advanced algorithms and precision sensors, providing real-time feedback and control mechanisms to reduce vibration intensity to safe and manageable levels, which if not controlled or managed, can lead to equipment damage, safety hazards, and decreased productivity.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Blade Air Mobility, Inc. NASDAQ: BLDENASDAQBLDE)(NYSE: TXTNYSETXT, Embraer S.A. (NYSE: ERJNYSE), Joby Aviation, Inc. (NYSE: JOBYJOBY).
By FN Media Group LLC · Via GlobeNewswire · December 30, 2024
Achievements and Progress Heading into 2025 for Oncology Treatments and Therapies Fuel an Optimistic Outlook
PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The breast cancer drugs market is experiencing rapid expansion due to the diverse applications of drugs in various breast cancer treatment scenarios. Predominantly utilized before and after surgery, these drugs are pivotal in managing the disease. Significant research efforts are focused on targeted therapies tailored to specific breast cancer types, particularly those characterized by overexpression of human epidermal growth factor receptor 2 (HER2). HER2-positive breast cancers, constituting 15% to 20% of cases, exhibit heightened aggressiveness, necessitating targeted interventions. Targeted drug therapy, including immunotherapy, directly addresses proteins on cancer cells, impeding their growth and proliferation. With HER2-targeted drugs demonstrating efficacy in inhibiting tumor progression, the market witnesses a surge in the development and adoption of such therapies to meet the demand for more effective treatments in combating breast cancer. According to a report from BioSpace, the global breast cancer drugs market size, which was valued at USD 32.93 billion in 2023 is projected to surpass around USD 78.61 billion by 2033, registering a CAGR of 9.09% over the forecast period of 2024 to 2033. North America dominated the market with the largest revenue share of 38.61% in 2023. Active biotech and pharma companies in the markets this week include Oncolytics Biotech® Inc. (NASDAQONCY) (TSX: ONC), GSK plc NYSE: GSKNYSEGSK)(NASDAQ: AZNNASDAQAZN, AbbVie (NYSE: ABBVNYSE), Cardiff Oncology, Inc. (NASDAQ: CRDFCRDF).
By FN Media Group LLC · Via GlobeNewswire · December 26, 2024
Tech Companies Embracing Bitcoin Treasuries as a Strategic Asset as Market Heats up Heading into 2025
PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent article in Bitcoin Magazine addressed the recent tsunami of companies jumping into the current “IT” strategy… Bitcion as a treasury asset. The article said: “MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing (“Fear Of Missing Out”) into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. (One day in November alone ) seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with one new company committing to purchasing $1 million in BTC (the next day). Crazy, right? It has felt like a minimum of one to two new companies a day are adopting bitcoin as a reserve asset — not to mention all the companies getting bitcoin exposure via the ETFs. It’s surreal to witness the FOMO from companies adopting a corporate Bitcoin playbook in real time… Over the course of the next year I’m expecting this corporate Bitcoin adoption to only increase as the price of bitcoin rises and Trump takes office.”   A review of the market shows that leading companies are embracing Bitcoin Treasuries as a Strategic Asset. The adoption of Bitcoin as a corporate treasury asset is gaining momentum among innovative companies across industries. Recognizing the potential of Bitcoin as a store of value and hedge against inflation, businesses like Rumble, MicroStrategy, Marathon Digital Holdings, Hut 8 Mining Corp, KULR Technology Group, Block Inc., and Coinbase are leading the charge in integrating Bitcoin into their financial strategies.   Active tech companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), Hut 8 Corp. NASDAQ: HUTNASDAQHUT)(NASDAQ: MARANASDAQMARA, Rumble Inc. (NASDAQ: RUMNASDAQ), MicroStrategy® Incorporated (NASDAQ: MSTRMSTR).
By FN Media Group LLC · Via GlobeNewswire · December 26, 2024
Quantum Computing Market Infused with Artificial Intelligence Poised for Significant Usage & Growth
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum computing is a revolutionary technology in computer science that utilizes the principles of quantum mechanics to process information. Unlike classical computers that use bits with a value of 0 or 1, quantum computers use qubits, which can exist in multiple states at once, enabling them to solve complex problems much faster. Quantum computing has the potential to revolutionize industries such as finance, healthcare, and materials science. The quantum computing market is expected to grow significantly due to increasing research and development in quantum technology, patent filings, and quantum initiatives from various organizations. A report from Technavio projected that the global quantum computing market size is estimated to grow by USD 17.34 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 26.37% during the forecast period. Increasing expenditure by stakeholders is driving market growth, with a trend towards growth of ai and machine learning. The report said: “The quantum computing market is experiencing significant growth as businesses explore the potential of this revolutionary technology. Quantum computing, based on quantum theory and mechanics, promises to solve complex problems faster than classical computers. Key trends include AI, cloud computing, and partnerships with tech giants like AMD. Patent filings indicate a focus on hardware and software development, with applications in various sectors such as biomedical simulations, optimization, and manufacturing. Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), D-Wave Quantum Inc., NYSE: QBTSNYSEQBTS)(NASDAQ: NVDANASDAQNVDA, Intel Corporation (NASDAQ: INTCNASDAQ), IBM (NYSE: IBMIBM).
By FN Media Group LLC · Via GlobeNewswire · December 18, 2024
Medical Drone Delivery Services Usage Increases as Market Expected to Reach $1.9 Billion by 2032
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - In emergency situations, such as natural disasters, medical drones offer rapid response capabilities, delivering critical supplies like blood, vaccines, and medications to affected areas. During the COVID-19 pandemic, medical drones played a crucial role in delivering vaccines to remote and underserved regions. For instance, in 2021, drones were used to deliver COVID-19 vaccines in parts of Africa and Southeast Asia, showcasing their potential in managing public health crises. These successful implementations and market projections further underscore the significant impact of medical drones on healthcare delivery systems. Medical drone delivery services refer to the use of unmanned aerial vehicles (UAVs), commonly known as drones, to transport medical products, supplies, equipment, and medications to healthcare facilities, remote areas, and individuals in need. These services leverage drone technology to improve the efficiency, speed, and reach of medical deliveries, particularly in challenging or hard-to-reach locations. Medical drones can rapidly deliver life-saving supplies and equipment to emergency situations, such as defibrillators, medications for cardiac arrest, or trauma care kits. Moreover, drones supplement existing EMS infrastructure by providing additional support during peak demand, emergencies, or when ground-based services are limited. According to Global Market Insights the Medical Drone Delivery Services Market size was valued at around USD 245.4 million in 2023 and is expected to grow at a CAGR of 22.3% from 2024 to 2032 where it will reach $1.9 billion. The increasing application of medical drones in the healthcare industry is driving the growth of the market by enhancing accessibility, improving delivery speed and efficiency, providing cost-effective solutions, and benefiting from technological advancements. Active companies in the markets this week include: Draganfly Inc. (NASDAQDPRO) (CSE: DPRO), General Dynamics NYSE: GDNYSEGD)(NASDAQ: RCATNASDAQRCAT, Ondas Holdings Inc. (NASDAQ: ONDSNASDAQ), Unusual Machines, Inc. (NYSE: UMACUMAC).
By FN Media Group LLC · Via GlobeNewswire · December 18, 2024
Quantum Computing Integrated with Artificial Intelligence Disrupting a Growing Number of Industries
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Advancements in quantum hardware and algorithms are making quantum computing increasingly practical. New developments in quantum processors are improving their performance and stability, allowing for more complex calculations. Enhanced quantum algorithms are being designed to solve specific problems more efficiently. These improvements are crucial for integrating quantum computing with AI, as they enable more sophisticated data processing and analysis. As quantum systems become more accessible, their potential applications in AI grow. This integration is expected to lead to breakthroughs in areas such as optimization and predictive modeling. The ongoing progress in both fields is paving the way for innovative solutions and applications. A report from Grand View Research projected that the global quantum AI market was valued at USD 256.0 million in 2023 and is projected to grow at a CAGR of 34.4% from 2024 to 2030. The report said: “The market is growing rapidly, driven by advancements in quantum computing and its potential to solve problems that classical computers struggle with. Quantum computing enhances machine learning algorithms, enabling them to process vast datasets and uncover patterns that were previously unreachable. The combination of AI and quantum technologies is set to transform industries such as finance, healthcare, logistics, and manufacturing by enabling more precise predictions, optimizations, and real-time decision-making capabilities.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), IonQ NYSE: IONQNYSEIONQ)(NASDAQ: SMCINASDAQSMCI, AgEagle Aerial Systems Inc. (NYSE: UAVSNYSE), Quantum Corporation (NASDAQ: QMCOQMCO).
By FN Media Group LLC · Via GlobeNewswire · December 18, 2024
Promising Data for Treating Gastrointestinal Cancer Leading to Hopeful Advancements for Pancreatic & Anal Cancers
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - One of the most common malignancies in the world today is gastric cancer. The incidence rate is influenced by various factors, including the aging of the population, dietary choices, lifestyle changes, and the prevalence of Helicobacter pylori infection. Growth in the market is driven by an increase in demand for diagnostic tools, therapies, and supporting care in tandem with a rise in the number of diagnosed cases. A recent report from MarketsAndMarkets projected that the global gastric cancer market accounted for USD 3.01 billion in 2023 and is expected to reach USD 18.43 billion by 2034 with a CAGR of 17.92% during the forecast period 2024-2034. The report said: “The market will grow due to the rising incidence of gastric cancer, improvements in diagnostic technologies, emerging treatments and therapies, personalized medicine and precision medicine, government funding and initiatives, and technological advancements in surgery and minimally invasive procedures. Growth in the market is driven by an increase in demand for diagnostic tools, therapies, and supporting care in tandem with a rise in the number of diagnosed cases. For instance, in January 2024, Roche revealed encouraging findings from the Phase III RAINBOW research, which assessed the safety and effectiveness of ramucirumab when combined with chemotherapy to treat advanced stomach or gastroesophageal junction (GEJ) cancer.” Active biotech and pharma companies in the markets this week include Oncolytics Biotech® Inc. (NASDAQONCY) (TSX: ONC), Novartis AG NYSE: NVSNYSENVS)(NYSE: PFENYSEPFE, GSK plc (NYSE: GSKNYSE), Bristol Myers Squibb (NYSE: BMYBMY).
By FN Media Group LLC · Via GlobeNewswire · December 18, 2024
Technical Innovation Is at Heart of Global Explosion of Smart Glasses Markets as Demand Jumps
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Smart Glasses Market is experiencing significant growth driven by a convergence of technological advancements and increasing consumer demand for wearable technology. Factors such as enhanced connectivity through the Internet of Things (IoT) and the rise of augmented reality (AR) applications are propelling the market forward. Consumers are increasingly drawn to smart glasses for their potential to enhance everyday experiences, from navigation and communication to gaming and fitness tracking and healthcare. In addition, the rising trend of remote work and virtual collaboration tools has created a greater need for devices that facilitate seamless interaction, further boosting the appeal of smart glasses in both personal and professional contexts. A report from Grand View Research recently projected that the global smart glasses market size was estimated at USD 1.93 billion in 2024 and is expected to grow at a CAGR of 27.3% from 2025 to 2030. The report said: “Governments worldwide recognize the potential of smart glasses in various sectors, prompting initiatives to boost their adoption and sales. Many countries are investing in research and development programs to advance AR and VR technologies, which are integral to the smart glasses ecosystem. Moreover, public-private partnerships are emerging to create pilot projects that demonstrate the practical applications of smart glasses in fields such as healthcare, education, and manufacturing. By providing funding and incentives, governments are encouraging innovation and fostering an environment where businesses can thrive, ultimately leading to increased consumer interest and sales in the market.” Active wearable companies active in the markets include: Xiao-I Corporation (NASDAQAIXI), Sony Group Corporation NYSE: SONYNYSESONY)(NASDAQ: QCOMNASDAQQCOM, Microsoft Corporation (NASDAQ: MSFTNASDAQ), and Alphabet Inc. (NASDAQ: GOOGGOOG).
By FN Media Group LLC · Via GlobeNewswire · December 18, 2024
Global Smart Glasses Market Estimated to Reach $4.129 Billion By 2030, a Big Boon for Tech Companies
PALM BEACH, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Smart Glasses markets are receiving expectations of significant growth potential from industry insiders. A recent report from MarketsAndMarkets projected that the global smart glasses market size is estimated to be USD 878.8 million in 2024 and is projected to reach USD 4,129.3 million by 2030, growing at a CAGR of 29.4% during the forecast period from 2024 to 2030. The report said: “Significant factors contributing to the growth of the smart glasses market include rapid technological developments, increased demand for augmented reality (AR) and mixed reality (MR) smart glasses, and growing adoption in the industrial, healthcare and consumer sectors. Higher resolution displays are being adopted in smart glasses, enabling their use in applications such as AR, wherein enhanced image clarity improves readability and creates a better immersive experience. Advanced sensors such as gesture recognition help users to interact with the device through hand movements, offering an intuitive and hands-free experience. The use of eye-tracking sensors helps analyze eye movements to determine focus, attention, and even emotional responses, helping personalized experiences and applications like gaze-controlled interfaces. Also, increased demand for AR and MR smart glasses due to their ability to offer immersive and interactive experiences enables growth in the market.” Active wearable companies in the markets include: Xiao-I Corporation (NASDAQAIXI), Vuzix® Corporation NASDAQ: VUZINASDAQVUZI)(NASDAQ: METANASDAQMETA, Alphabet Inc. (NASDAQ: GOOGNASDAQ), Wearable Devices Ltd. (NASDAQ: WLDSWLDS).
By FN Media Group LLC · Via GlobeNewswire · December 17, 2024
How Modern Technology and Innovation is Playing a Shifting Paradigm in Space Exploration
PALM BEACH, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The launch of communication satellites into space has become a cornerstone of modern technology, revolutionizing the way individuals, businesses, and governments connect and communicate across the globe. With increasing reliance on digital infrastructure, communication satellites serve as the backbone for seamless data transmission, bridging the gap between remote regions and urban centers to create a more interconnected and efficient world… and the market is expected to continue to grow in the coming years. A report from Allied Market Research projected that the global satellite communication market size is projected to reach $110.7 Billion by 2033, growing at a CAGR of 9.7% from 2024 to 2033. Communication satellites play a critical role in delivering internet access, broadcasting services, and mobile communications to regions where terrestrial networks are impractical or unavailable. From rural areas to developing nations, these satellites ensure that essential connectivity reaches underserved populations, fostering economic development, education, and social inclusion. Satellites provide essential communication networks for industries such as defense, emergency response, and transportation. In times of natural disasters, when traditional infrastructure is often compromised, satellite communication enables first responders and governments to coordinate relief efforts and ensure public safety. The ongoing deployment of communication satellites supports next-generation technologies like 5G, IoT (Internet of Things), and artificial intelligence. Satellites enable real-time data sharing between devices, empowering industries such as autonomous transportation, smart cities, and remote healthcare to function with greater efficiency and precision. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: NOCNYSENOC, Virgin Galactic Holdings, Inc. (NYSE: SPCENYSE), Planet Labs PBC (NYSE: PLPL).
By FN Media Group LLC · Via GlobeNewswire · December 17, 2024
Why Healthcare Providers Are Increasingly Trusting Artificial Intelligence for Detection & Diagnosis
PALM BEACH, Fla., Dec. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - With the advent of Artificial Intelligence (AI), the methods and techniques to diagnose have helped doctors and patients to understand these diseases in a much faster way, leading to the steady employment of AI in multiple diagnoses around the healthcare industry. The field of medical diagnostics is getting revolutionized due to AI. Medical imaging data, including X-rays, MRIs, and ultrasounds are getting analyzed by AI algorithms to help doctors discover and diagnose diseases more accurately and at a much faster rate. This can assist healthcare professionals in making better judgments regarding patient care, leading to increasing AI in diagnostics market size.   A report from Fact.MR projected that revenue from the global Artificial Intelligence in diagnostics market is projected to reach US$ 1.85 billion in 2024 and thereafter increase swiftly at a CAGR of 23.1% to end up at US$ 14.76 billion by 2034.   The report said: “Health issues are rising among people as the world goes through climate change and other environmental factors, people are getting concerned about their health thus leading to more people going to doctors for diagnosis and proper health checkups.   Medical diagnostics is a process through which doctors understand the condition of a patient's body and analyze whether the patient is suffering from any particular harmful disease. The analysis and results of these tests help doctors use the most suitable course of treatment for their patients to fight the diseases, contributing to the overall expansion of the AI in diagnostics market growth.”   Active companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Tempus AI, Inc. (NASDAQTEM), Medtronic plc NYSE: MDTNYSEMDT)(NYSE: SYKNYSESYK, Pegasystems Inc. (NASDAQ: PEGANASDAQ).
By FN Media Group LLC · Via GlobeNewswire · December 17, 2024
Quantum Computing Expected to be a Better Fit for Weather Forecasting as Latest Innovation is Changing the Industry
PALM BEACH, Fla. , Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Most industry insiders believe that Quantum Computing is potentially a better fit for weather forecasting than classical computers. It can perform advanced simulations more efficiently. It can be easily installed at locations around the globe. It can function efficiently when stored at high temperatures. It can store extensive data for better pattern recognition. One source said that Quantum computing is potentially a better fit for weather forecasting than classical computers because it can perform advanced simulations more efficiently, saying that: Quantum computing is a better fit because it has the potential to speedily process vast amounts of weather data and conduct analysis that is too complex for classical computers. The speed of the algorithms can allow the use of real time data to impact the predicting. Despite decades of continuously refining calculating power, directly forecasting the weather is still delicate. Quantum computers made it a bit easy however. The speed of the algorithms in quantum computing can permit the use of real-time data to influence the forecasting, and advanced weather prediction will help all industries, especially transportation, supply chain and logistics, and farming. A report from Astute Analytica added: “The weather forecasting services market is poised for exponential growth, driven by advancements in AI technology, increasing demand for accurate climate data, and expanding applications across agriculture, aviation, and disaster management. Businesses and governments alike are investing heavily, ensuring a robust and lucrative future for this essential industry. The global weather forecasting services market is projected to attain a valuation of US$ 11.6 billion by 2032 up from US$ 4.0 billion in 2023 at a CAGR of 12.6% during the forecast period, 2024–2032.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Quantum Corporation NASDAQ: QMCONASDAQQMCO)(NASDAQ: SMCINASDAQSMCI, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Pure Storage (NYSE: PSTGPSTG).
By FN Media Group LLC · Via GlobeNewswire · December 12, 2024
Quantum-Classical Computing Disrupting Weather Forecasting While Creating a Billion Market
PALM BEACH, Fla., Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Quantum Computing is on the forefront of technological innovation. As the next evolution in computational science, quantum computing leverages the principles of quantum mechanics to perform complex calculations exponentially faster than traditional computers. Quantum-classical computing can process large amounts of data in parallel, making it ideal for modeling complex systems like weather. According to a report from Quantum Zeitgeist, the global weather forecasting market, valued at $2.39 billion in 2022, is expected to grow over 6% annually in the next six years. The report said: “A non-profit research corporation and an international bank are exploring the use of hybrid quantum-classical computing to improve weather forecasting. The researchers are testing a flexible Hybrid Quantum Reservoir Computing (HQRC) algorithm on weather-related problems. The Potential of Quantum-Classical Computing in Weather Forecasting - Weather systems are inherently complex, with numerous variables interacting in nonlinear ways. Traditional computational methods often struggle to accurately capture the intricacies of these systems due to the high computational demands required for predictability. Small errors in models can lead to significant divergences in forecast outcomes. However, quantum-classical computing offers a promising avenue due to its ability to process vast amounts of data in parallel, making it well suited for modelling chaotic systems.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Rigetti Computing NASDAQ: RGTINASDAQRGTI)(NYSE: QBTSNYSEQBTS, IonQ (NYSE: IONQNYSE), Quantum Computing Inc. (NASDAQ: QUBTQUBT).
By FN Media Group LLC · Via GlobeNewswire · December 12, 2024
Artificial Intelligence Substantial Influence on Data Center Industry Redefining Operations
PALM BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Due to the high computational needs of Artificial Intelligence (AI) and media applications, data centers are being increasingly deployed worldwide. These data centers consume a massive amount of power, generating a significant amount of heat, further creating the need for various efficient cooling systems. The data center cooling market is expected to show substantial growth due to the increase in digitization worldwide, which will lead to greater computer performance and require a larger number of integrated small chips. The design of data centers and the need to cool them are mainly influenced by powerful computer hardware for AI workloads. Manufacturers are introducing large silicon chips to optimize the performance of artificial intelligence and high-performance computing workloads. The use of powerful GPUs in artificial intelligence and high-performance computing environments supports the need for data center cooling technologies. A recent report from ReserachAndMarkets projected that the Data Center Cooling Market size is estimated at USD 16.56 billion in 2024, and is expected to reach USD 34.51 billion by 2029, growing at a CAGR of 15.82% during the forecast period (2024-2029). The report said: “The exponential growth of data generated by information technology significantly necessitates efficient data centers, driving demand for advanced cooling solutions. As data centers expand to accommodate increasing workloads and storage demands, the heat generated becomes a significant matter of concern, creating a demand for effective cooling solutions.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), NVIDIA NASDAQ: NVDANASDAQNVDA)(NASDAQ: CORZNASDAQCORZ, CleanSpark Inc. (NASDAQ: CLSKNASDAQ), Coinbase Global, Inc. (NASDAQ: COINCOIN).
By FN Media Group LLC · Via GlobeNewswire · December 10, 2024
Demand For Helium is Becoming an Extremely High-Value Commodity and Billion Dollar Industry
PALM BEACH, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Helium Market may be bigger than the typical investor assumes. Helium gas serves important roles in different industries, including technology, science, medicine, and manufacturing. Helium market is primarily driven by advancements in technology. A report from Allied Market Research states that the global helium market, which was valued at $3.3 billion in 2022, is projected to reach $4.9 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032. Also a recent article from a source devoted as an online source for researching investment opportunities had this to add: “Helium is a critical element that is essential in the production of computer chip manufacturing (everything from your smartphone to your TV to your refrigerator), scientific research, healthcare (medical devices such as MRI machines), communications, space exploration and defense, and includes advancements into AI development. Helium is a very important element/gas. It has an incredibly low boiling point and is non-reactive, making it indispensable in high-tech and medical applications. Since helium has such an extremely low boiling point, close to absolute zero, it is essential in cooling various manufacturing applications.” Active companies in the markets include: New Era Helium Corp. (NASDAQNEHC), Roth CH Acquisition V Co. NASDAQ: ROCLNASDAQROCL)(NASDAQ: CRDONASDAQCRDO, Texas Pacific Land Corporation (NYSE: TPLNYSE).
By FN Media Group LLC · Via GlobeNewswire · December 10, 2024
How the Latest Drone Technology is Reshaping the Construction & Land Surveying Industry
PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Drone technology usage has been and is being utilized in various industries worldwide. In fact, drones are the most popular land surveying equipment that can improve the efficiency and flexibility of field surveys, particularly topographic surveys, through aerial photography and mapping by capturing data via video and GNSS. The rising urbanization and industrialization in developing countries is a key factor fueling the growth of the land survey equipment market. The governments in developing countries such as India, Peru, and China are planning different smart city projects, which would need surveying and inspection activities before the actual construction process. Further, major cities in the US, India, and China are rapidly expanding, and several new infrastructures are being constructed in different parts of these countries. Several plans for the development of smart cities are rolled out, and land survey equipment plays a critical role in surveying development sites in the planning stage. A report from The Insight Partners said that the Land Survey Equipment market is expected to Reach US$ 12.56 Billion by 2028 reach US$ 12,568.4 million by 2031 from US$ 8,068.0 million in 2022, at a CAGR of 7.7% during the forecast period. The governments in developing countries are planning smart city projects that need to be surveyed and inspected thoroughly before beginning the construction process. Therefore, increasing initiatives for smart city development are driving the need for land survey equipment. Active Companies in the markets today include: ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NASDAQ: PRZONASDAQPRZO, Ondas Holdings Inc. (NASDAQ: ONDSNASDAQ), EHang Holdings Limited (NASDAQ: EHEH).
By FN Media Group LLC · Via GlobeNewswire · December 5, 2024
Global Drone Land Surveying Market Forecasted to Reach $8.06 Billion by End Of 2033
PALM BEACH, Fla., Dec. 05, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - While the global drone surveying market is still in the initial phase of the life cycle, the industry is changing at a light speed with continuous technological advancement and expanding service offerings. The drone survey companies are witnessing huge interest from private equity and venture capitalist. Investment firms are investing huge amounts of money in drone survey companies. According to Fact.MR, a market research and competitive intelligence provider, the global drone surveying market size is expected to grow at a CAGR of 19.3% during the forecast period and will achieve a valuation of US$ 8061.5 million by the end of 2033. The report said: “The drone surveying market is going through a technological revolution. Nowadays drones have improved battery life, a better quality of image, and increased speed in comparison to what they used to be 3-5 years back. The drone surveying industry is growing rapidly amid rising demand across different industries such as energy, infrastructure development, mining, agriculture, real estate, and transportation among others. The market is flooded with entrants of new market players across different segments such as drone hardware, software, and services. The industry is receiving huge interest from investment firms, and drone companies are being invested heavily in the last few years. With the growing adoption of drones in different end-use industries, it is expected that the market will continue to witness growing double-digit demand during the forecast period of 2023-2033.” Active Companies in the markets today include: ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: AVAVNASDAQAVAV, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Draganfly Inc. (NASDAQ: DPRODPRO).
By FN Media Group LLC · Via GlobeNewswire · December 5, 2024
Space Battery Technology Market Size Projected to Reach $6.56 Billion by 2032 Playing a Critical Role in Space Exploration
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The space battery market is expanding swiftly as improved batteries meet the high-demand needs of space missions with superior energy density, safety, and lightweight performance. The progress of orbital and space exploration presents a substantial market potential for the space battery industry. The need for dependable energy storage solutions is at an all-time high due to increased exploration missions by governmental organizations like NASA and ESA, as well as ambitious projects by private companies such as SpaceX and Blue Origin. These groups are not just centered on sending satellites into orbit but also taking part in exploring the moon and Mars. As these efforts increase, the demand for space batteries that are both efficient and long-lasting, able to endure harsh conditions in outer space, becomes crucial. According to a recent industry report from Introspective Market Research, the Space Battery Market Size Was Valued at USD 3.66 Billion in 2023, and is Projected to Reach USD 6.56 Billion by 2032. The report said: “The market for space batteries is an exciting and quickly growing sector in the energy storage industry, set to be crucial in upcoming space exploration endeavors. Fueled by a rise in space missions from government agencies and private companies, this market is seeing unparalleled expansion. Space batteries are customized to endure harsh environments, ensuring a consistent, lasting energy supply for spacecraft like satellites, rovers, and space stations. Due to advancements in lithium-ion and solid-state technologies, these batteries now possess greater energy densities and extended service lives, rendering them better equipped to handle the demanding requirements of space exploration.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), FREYR Battery NYSE: FREYNYSEFREY)(NASDAQ: RUNNASDAQRUN, Tesla, Inc. (NASDAQ: TSLANASDAQ), Sidus Space (NASDAQ: SIDUSIDU).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
How Battery Cell Technology is Playing an Extremely Vital Role in Space Exploration
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent report from Introspective Market Research projected that the Space Battery Market Size is predicted to show a 6.56% CAGR through 2032. In the rapidly advancing space industry, the demand for reliable, efficient, and innovative battery cell technology has become paramount. From enabling satellite operations and interplanetary missions to supporting the growing commercial space economy, energy storage solutions are at the heart of modern aerospace advancements. Space Battery Cells play a vital role in Space Missions. Battery cells are indispensable for space exploration due to their ability to store and deliver energy in harsh, unforgiving environments characterized by: Extreme Temperatures: Operating effectively in the vast thermal fluctuations of space; Radiation Exposure: Withstanding the high radiation levels of outer space; and Microgravity: Functioning optimally in weightless conditions. These batteries power a wide range of applications, including: Satellites and Orbital Platforms: Ensuring consistent energy for Earth observation, communication, and scientific data collection; Lunar and Deep Space Missions: Enabling spacecraft, landers, and rovers to operate autonomously in remote environments; and Rocket Propulsion Systems: Supporting reusable and expendable rocket technology. The integration of cutting-edge battery technology is crucial for overcoming the challenges of space exploration. Reliable energy systems ensure mission success, enable groundbreaking scientific discoveries, and support the sustainable growth of the space economy. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Rocket Lab USA, Inc. NASDAQ: RKLBNASDAQRKLB)(NYSE: PLNYSEPL, Intuitive Machines, Inc. (NASDAQ: LUNRNASDAQ), Solid Power, Inc. (NASDAQ: SLDPSLDP).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Global Medical Service Robotics Market Project to Exceed $20 Billion in 2024 with Additional Growth Expected
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Innovations in robotics technology, including artificial intelligence, machine learning, and sensor technology, are enhancing the capabilities of medical robots. These advancements enable more precise surgical procedures, improved rehabilitation processes, and efficient hospital logistics, thus attracting more healthcare facilities to adopt robotic solutions. The market is characterized by a moderate level of merger and acquisition (M&A) activity by the leading players. This is due to several factors, including the desire to expand the business to cater to the growing demand for medical service robots. A report from Grand View Research said that the global medical service robots market size was estimated at USD 20.59 billion in 2024 and is projected to grow at a CAGR of 16.5% from 2025 to 2030. It said: “The growth can be attributed to the introduction of technologically advanced robotic equipment in the healthcare sector and the rise in per capita healthcare spending. Continuous advancements in technology, such as robotic catheter control systems (CCS), data recorders, data analytics, remote navigation, motion sensors, 3D-Imaging, and HD surgical microscopic cameras, are projected to drive industry growth. Furthermore, the introduction of swarm robotics is opening new opportunities for industry. It is a new approach to coordinating multi-robotic systems through swarm intelligence.” Active Tech Companies in the markets today include Jeffs' Brands Ltd (NASDAQJFBR), Serve Robotics Inc. NASDAQ: SERVNASDAQSERV)(NASDAQ: SYMNASDAQSYM, Microbot Medical Inc. (NASDAQ: MBOTNASDAQ), Medtronic plc (NYSE: MDTMDT).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Big Boon for Drone Manufacturers as Drone Usage for Defense and Military Operations Surge
PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military warfare today is shifting from the conventional notion that better firepower provides an edge on the battlefield, to which side has the better intelligence, surveillance, and reconnaissance (ISR) capabilities. This phase of electronic warfare has created a huge demand for the use of Military Drones (UAVs) in the military sector. UAVs do not need a crew on-board for flight, and can be autonomous or remotely-controlled by human personnel from a safe distance. A recent industry report on Military Drones said that: “Aside from ISR, UAVs are also employed for offenses. UAVs as big as a small aircraft have the capacity to carry missiles into the battlefield, while autonomous UAVs, also called drones, which can be the size of a wingspan of a bird, are used for kamikaze warfare. Such capabilities make drones a must-have for any military, allowing for major push-back to the enemy from the safety of the ground stations. For instance, in April 2023, Ukraine announced that it had procured over 300 DJI Mavic 3T UAVs and send on the front lines. The thermal and zoom capabilities of these UAVs make them ideal to gather intelligence on ground zero.” Military Drones added that: “By Product Type: Fixed Wing Segment to Hold Major Share Owing to its Increasing Use for Long Distance Operations - By product type, the market is classified into rotary wing, fixed wing, and hybrid wing.  The fixed wing segment held the highest share of the military drone market in 2023 and is expected to continue its dominance during the projected period. Compared to VTOL UAVs, fixed-wing aircraft are able to carry heavier loads for longer flight times while using less power. This implies they are best suited for missions, including mapping, strategic defense, defense, and surveillance, which require high durability. Various military authorities globally use it to great effect in the defense industry. All these factors drive the segment growth during the projected period.”   Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NYSE: LMTNYSELMT, RTX Corporation (NYSE: RTXNYSE), Red Cat Holdings, Inc. (NASDAQ: RCATRCAT).
By FN Media Group LLC · Via GlobeNewswire · November 22, 2024
Military Drone Market Size Projected to Skyrocket as Demand Jumps on Heels of Global Uncertainty
PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military drone technology has undergone significant advancements in recent years, with key developments in stealth technology, artificial intelligence (AI) and autonomous flight, and swarming technology. Stealth drones are designed to evade enemy radar detection, making them virtually invisible during reconnaissance and combat missions. These drones are constructed with special materials and shapes that reduce their radar cross-section, rendering them difficult to detect even by advanced radar systems. Numerous industry reports are very optimistic on the market’s future. In fact, a report from Fortune Business Insights projected that: “The military drone market size was valued USD 14.14 billion in 2023 and is projected to grow from USD 16.07 billion in 2024 to USD 47.16 billion by 2032, exhibiting a CAGR of 13.15% during the forecast period. North America dominated the military drone market with a market share of 36.1% in 2023. Moreover, the military drone market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 10.71 billion by 2030, driven by an increasing R&D investment by industry players such as Sikorsky, Boeing, among other regional players.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Northrop Grumman Corporation NYSE: NOCNYSENOC)(NASDAQ: SPAINASDAQSPAI, EHang Holdings Limited (NASDAQ: EHNASDAQ), AeroVironment, Inc. (NASDAQ: AVAVAVAV).
By FN Media Group LLC · Via GlobeNewswire · November 22, 2024
How Artificial Intelligence (AI) Influence on Nuclear Energy Industry is Providing Lucrative Opportunity
PALM BEACH, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The partnership between Artificial Intelligence (AI) and nuclear power is a natural evolution in the quest for sustainable technological progress. As companies like NuScale, Nano Nuclear, Oklo, Nvidia, and KULR continue to innovate in nuclear technology, and industry leaders like NVIDIA champion its adoption, the future of AI looks increasingly green and sustainable. Nuclear power not only provides the energy scale and reliability required by AI-driven data centers but also helps address the global need for climate action. With this synergy, the growth of AI can be achieved without compromising the health of our planet. A recent report from InsightAce Analytic projected that AI in Nuclear Energy Market is a growing trend with the potential to impact the industry significantly. AI technologies can enhance safety, improve efficiency, and optimize operations in the nuclear sector. The use of AI in nuclear energy is expected to help improve safety, reduce costs, and extend the lifespan of existing facilities, making nuclear power a more attractive and sustainable energy source. There is rising interest in small modular reactors (SMRs), and AI can be used to optimize their design and operation. However, it remains a vital part of the energy mix in many countries and is undergoing technological advancements, with AI playing an increasing role. Key aspects of the market include Predictive Maintenance, Enhanced Monitoring, Radiation Monitoring, Nuclear Security, Nuclear Fuel Cycle Optimization, Simulation and Training, and Data Analytics. The growth and adoption of AI in the nuclear energy market are dynamic and subject to various external factors, including regulatory changes, technological advancements, and public sentiment. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Amazon.com, Inc. NASDAQ: AMZNNASDAQAMZN)(NASDAQ: GOOGLNASDAQGOOGL, Microsoft Corporation (NASDAQ: MSFTNASDAQ), Oracle Corporation (NYSE: ORCLORCL).
By FN Media Group LLC · Via GlobeNewswire · November 20, 2024
Artificial Intelligence (AI) Reshaping Healthcare Industry with Unimaginable Potential
PALM BEACH, Fla. , Nov. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Healthcare Artificial Intelligence (AI) market exhibits a high degree of innovation, characterized by ongoing advancements in technology. Rapid developments in ML, deep learning, NLP, and computer vision are driving the evolution of AI-powered healthcare solutions. One primary factor driving market growth is the increasing demand in the healthcare sector for enhanced efficiency, accuracy, and better patient outcomes. According to a March 2024 Microsoft-IDC study, 79% of healthcare organizations are presently utilizing AI technology. In addition, the return on investment (ROI) is realized within 14 months, generating USD 3.20 for every USD 1 invested in artificial intelligence (AI). AI technologies hold transformative potential in various areas including medical imaging analysis, predictive analytics, personalized treatment planning, and drug discovery, potentially transforming conventional healthcare practices. A report from Grand View Research said the global AI in healthcare market size, which was estimated at USD 19.27 billion in 2023, is expected to grow at a CAGR of 38.5% from 2024 to 2030. The report said: “Mergers & acquisitions (M&As) play a significant role in shaping the healthcare AI market landscape. Companies [that] engage in M&A activities to expand their AI software and services increase their market reach or acquire specialized technology and expertise. End-users are becoming increasingly aware of the potential benefits of AI in improving patient care, operational efficiency, and healthcare outcomes. Education initiatives and industry events helped raise awareness about the capabilities and applications of AI in healthcare.” A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Teladoc Health, Inc. (NYSETDOC), Tempus AI, Inc. NASDAQ: TEMNASDAQTEM)(NYSE: MDTNYSEMDT, Clover Health Investments, Corp. (NASDAQ: CLOVNASDAQ).
By FN Media Group LLC · Via GlobeNewswire · November 20, 2024
Big Opportunity for EV & Recreational Industries as Global Electric Boat Market Expected to Reach $20.2 Billion By 2032
PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are predicting that the Global Electric Boat market is expected to continue to its substantial growth at a for years to come. A recent report released on November 9, 2024 said that: “The Electric Boat market is expected to grow from USD 7,964.355 million in 2024 to USD 20,217.86 million by 2032, at a compound annual growth rate (CAGR) of 12.35%. As sustainability becomes a top priority for consumers, there is a noticeable shift towards eco-friendly transportation options like electric boats. These vessels cater to those seeking peaceful recreational experiences such as fishing, cruising, and sightseeing, while also appealing to individuals who prioritize environmental impact. Electric boats are also gaining traction among high-end consumers due to their association with luxury, exclusivity, and innovative design, offering a premium, sustainable boating experience. The Electric Boat market is driven by the increasing demand for eco-friendly transportation solutions, advancements in battery technology, and government regulations promoting sustainable maritime practices. The growing focus on reducing carbon emissions and operating costs is accelerating the adoption of electric boats across commercial and recreational sectors. Additionally, the rise in consumer awareness regarding environmental issues and the shift towards renewable energy sources further fuel market growth. Key trends include the development of more efficient and longer-lasting batteries, expanding electric boat infrastructure, and the introduction of innovative designs to improve performance and affordability.”   Active companies in the markets this week include: Vision Marine Technologies Inc. (NASDAQVMAR), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NYSE: WGONYSEWGO, Brunswick Corporation (NYSE: BCNYSE), MasterCraft Boat Holdings, Inc. (NASDAQ: MCFTMCFT).
By FN Media Group LLC · Via GlobeNewswire · November 18, 2024
Global Mortgage Lender Market Expected to Grow to $1.8 Trillion In 2028
PALM BEACH, Fla. , Nov. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Mortgage Lender Market is expected to grow at a substantial rate for years to come. A mortgage lender refers to a financial institution or company that provides loans for purchasing or refinancing real estate properties. A mortgage lender allows individuals or businesses to borrow funds to acquire residential or commercial properties. The main type of mortgage lenders is residential and commercial estate. Residential refers to properties or locations that are primarily utilized for housing or living. The various providers are banks, credit unions, and mortgage brokers, with various mortgage rates, including fixed-rate and adjustable-rate, and various repayment periods, including short-term and long-term. These are used in various applications such as new houses and second-hand houses. A report from The Business Research Company said that: "The mortgage lender market size has grown rapidly in recent years. It grew from $1024.5 billion in 2023 to $1158.58 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to increased interest rates, increased costs of living, increased per capita income, population growth, credit market tightening." Active fintech/lending companies in the markets this week include: Pineapple Financial Inc. (NYSE American: PAPL), NerdWallet, Inc. (NASDAQNRDS), LendingClub Corporation NYSE: LCNYSELC)(NASDAQ: TREENASDAQTREE.
By FN Media Group LLC · Via GlobeNewswire · November 14, 2024
End-Use Applications Rising for Uranium as Market Expected to Reach $1.81 Billion in 2028
PALM BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The uranium ore market is expected to continue substantial growth over the next several years. A report from the Business Research Company said: “The uranium ore market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. It continued: “The uranium ore market size is expected to see strongly grown in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to government policies and incentives, focus on carbon emission reduction, geopolitical stability, exploration and discovery of new uranium deposits, public perception and social acceptance. Major trends in the forecast period include advancements in nuclear technology, development of in-situ recovery (ISR) technology, focus on uranium enrichment technologies, increased scrutiny on environmental and social impact, and diversification of uranium end-use applications. The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.”   Active mining/energy companies in the markets this week include: Mustang Energy Corp. (OTCQB: MECPF) (CSE: MEC), Denison Mines Corp. (NYSE American: DNN) (TSX: DML), Uranium Energy Corp (NYSE American: UEC), ATHA Energy Corp. (OTCQB: SASKF) (CSE: SASK), Centrus Energy Corp. (NYSE American: LEU).
By FN Media Group LLC · Via GlobeNewswire · November 13, 2024
Global Gold Mining Markets Are Likely to Reach $274 Billion By 2032 as Mining Operations Ramp Up
PALM BEACH, Fla. , Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The increasing demand for gold across various sectors, including jewelry, technology, and investment, significantly drives the gold mining market. In the jewelry industry, gold's aesthetic appeal and cultural significance, particularly in countries such as India and China, fuel its demand. Additionally, gold's excellent conductivity and resistance to corrosion make it indispensable in the electronics industry for manufacturing components such as connectors and circuit boards. Furthermore, economic uncertainties often boost gold's status as a haven asset, prompting investors to increase their holdings in gold, thereby driving up its demand and, consequently, mining activities. A report from DataIntello said the global gold mining market size was USD 208.9 Billion in 2023 and is likely to reach USD 274.2 Billion by 2032, expanding at a CAGR of 3.50% during 2024–2032. The market growth is attributed to the impact of automation and robotics in mining operations. The report said: “Automation and robotics have transformed mining operations, making them safer, more efficient, and less labor-intensive. In gold mining, automated drilling systems operate continuously, reducing the need for human intervention and enhancing productivity. Robotic equipment is being used for tasks that are dangerous for humans, such as deep underground operations or in environments that are hazardous due to unstable mine structures or the presence of toxic gases. These technologies improve safety and decrease variability in performance, leading to predictable and optimized outcomes. Furthermore, automation enables real-time data collection and monitoring of mining activities, which assists in precise resource management and operational planning.” Active mining companies in the markets this week include: South Pacific Metals Corp. (OTCQB: SPMEF) (TSX-V: SPMC), K92 Mining Inc. (OTCQX: KNTNF) (TSX: KNT), Newmont Corporation (NYSENEM) (TSX: NGT), Founders Metals Inc. (OTCQX: FDMIF) (TSX-V: FDR), SNOWLINE GOLD CORP (OTCQB: SNWGF) (TSX-V: SGD).
By FN Media Group LLC · Via GlobeNewswire · November 13, 2024
Why Social Media Platforms Have Become a Powerful Space for Content & Advertising Opportunities
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Social media platforms have evolved into powerful ecosystems where users, businesses, and influencers converge, making it an unparalleled space for marketing, advertising, and content creation. As of 2024, we’ve witnessed seismic shifts in the way social media generates revenue, primarily through advertising, influencer partnerships, and direct sales. According to Medium.com, said: “Platforms like TikTok, YouTube Shorts, and Instagram Reels have proven that short-form video content is here to stay. The question now is how to monetize this type of content effectively. Advertisers and social media companies have already begun testing various formats, including: Sponsored short videos: Brands collaborating with influencers to create quick, engaging sponsored content; Programmatic ads: Inserting programmatic ads between short-form videos, similar to how traditional TV commercials work; and Revenue-sharing models: Offering creators a cut of the ad revenue generated by their short-form content. By (the end of) 2025, these models are likely to become more sophisticated, with AI helping brands deliver highly targeted ads within short-form videos. Moreover, we may see a broader adoption of “native shopping” within these videos, allowing users to shop directly from the content they’re viewing.” Active companies in the markets this week include: Thumzup Media Corporation (NASDAQTZUP), Meta Platforms, Inc. NASDAQ: METANASDAQMETA)(NYSE: RDDTNYSERDDT, IZEA Worldwide, Inc. (NASDAQ: IZEANASDAQ), The Trade Desk, Inc. (NASDAQ: TTDTTD).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
Global Artificial Intelligence (AI) Influence on Healthcare Market Expected to Reach $148 Billion By 2029
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to experts tracking the artificial intelligence (AI) infrastructure market, the growth of the AI in Healthcare industry is driven by the growing need for improvised healthcare services due to the imbalance between the healthcare workforce and patients, improving computing power, and declining hardware cost. A report from MarketsAndMarkets said that the AI in Healthcare industry is projected to grow from USD 20.9 billion in 2024 and is estimated to reach USD 148.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 48.1% from 2024 to 2029. AI plays a pivotal role across diverse healthcare applications, necessitating the implementation of sophisticated algorithms for tasks ranging from patient data analysis to drug discovery. Its applications span patient care, risk analysis, lifestyle management, precision medicine, medical imaging, and more. Successful AI deployment hinges on comprehensive services such as deployment, integration, and ongoing support and maintenance. Machine learning revolutionizes computing by training systems to learn from data without explicit programming. Instead of predefined instructions, machine learning relies on algorithms to discern patterns and relationships in data, enhancing accuracy and performance with increased exposure to information. Key attributes include data-driven processes, adaptability to new data, and the absence of explicit programming. In healthcare, machine learning intersects with AI, offering transformative applications. It aids in medical diagnosis and imaging by detecting diseases in early stages through image analysis and predicting risks based on electronic health records. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), C3 AI (NYSEAI), NVIDIA Corporation NASDAQ: NVDANASDAQNVDA)(NYSE: PLTRNYSEPLTR, SoundHound AI, Inc. (NASDAQ: SOUNNASDAQ).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
As Applications & Uses Expand the Global Silica Market Size Expected to Reach $96 Billion By 2031
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global silica market has witnessed significant growth in recent years due to its wide range of applications across various industries. Silica, also known as silicon dioxide, is a naturally occurring compound found in abundance in the Earth's crust. It is available in different forms, such as quartz, sand, and silica gel, and is valued for its properties like high strength, hardness, and resistance to heat and chemicals. One of the major drivers for the global silica market is the increasing demand from the construction industry. Silica is a key ingredient in the production of concrete, where it is used as a filler and reinforcement material. A report from SKYQUEST projected that the Global Silica Market size, which was valued at USD 41.20 billion in 2022, is poised to grow from USD 45.28 billion in 2023 to 96.36 USD billion by 2031, growing at a CAGR of 9.9% during the forecast period (2024-2031). The report said: “The growing construction activities, particularly in emerging economies, have boosted the demand for silica. Additionally, the rising trend of using silica in green and sustainable construction practices has further propelled its market growth. Furthermore, the healthcare and personal care industries are emerging as significant consumers of silica. Silica is widely used in pharmaceuticals, cosmetics, and personal care products due to its absorbent and abrasive properties. It finds applications in toothpaste, skincare products, and dietary supplements. The increasing awareness regarding personal hygiene and wellness has led to a rise in the demand for silica in these sectors.” Active companies in the markets this week include: SILICON METALS CORP. (CSE:SI), Homerun Resources Inc. (OTCQB: HMRFF) (TSX-V: HMR), Quebec Innovative Materials Corp. (OTCPK: QIMCF) (CSE: QIMC), HP Inc. (NYSEHPQ), Argyle Resources Corp. (OTCQB: ARLYF) (CSE: ARGL).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
U.S. Commercial Drone Market Size Estimated to Reach a Value of $ 31 Billion By End of 2034
PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.”   Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: DPRONASDAQDPRO, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Safe Pro Group Inc. (NASDAQ: SPAISPAI).
By FN Media Group LLC · Via GlobeNewswire · October 31, 2024
Significant Technology Upgrades Fueling Strong Growth Opportunities for U.S. Commercial Drone Market
PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Kratos Defense & Security Solutions, Inc. NASDAQ: KTOSNASDAQKTOS)(NYSE: UAVSNYSEUAVS, EHang Holdings Limited (NASDAQ: EHNASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
By FN Media Group LLC · Via GlobeNewswire · October 31, 2024
Global Carbon Dioxide Removal (CDR) Market Valuation Expected to Reach $2.11 Billion by 2032
PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global Carbon Dioxide Removal (CDR) Market has been growing in the past years and is expected to continue at a substantial pace for years to come. Growing awareness and concern about the impacts of climate change are driving governments, businesses, and individuals to seek effective solutions for mitigating carbon dioxide emissions. The CDR market benefits from this heightened awareness and the urgent need for sustainable practices. A report from Custom Marketing Insights said that the global Carbon Dioxide Removal (CDR) Market size is expected to record a CAGR of 14.8% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 610.9 Million. By 2032, the valuation is anticipated to reach USD 2,115.5 Million.   The report said: “Stringent Regulatory Policies and Targets: Governments around the world are implementing and enhancing regulatory frameworks aimed at reducing greenhouse gas emissions. The imposition of carbon reduction targets and the integration of carbon pricing mechanisms create a favorable environment for the growth of the CDR market, as industries seek ways to comply with these regulations.   Advancements in CDR Technologies: Ongoing research and development efforts are leading to technological advancements in carbon removal methods. Improved efficiency, scalability, and cost-effectiveness of CDR technologies contribute to their wider adoption and growth in the market.   Increasing Corporate Sustainability Initiatives: Many companies are adopting sustainability goals and committing to achieving net-zero emissions. As part of their corporate social responsibility (CSR) initiatives, businesses are investing in CDR technologies to offset their carbon footprint, contributing to the overall growth of the market.”   Active carbon companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), SLB (NYSESLB), DevvStream Holdings Inc. (OTCQB: DSTRF) (NEO: DESG), Base Carbon Inc. (OTCQX: BCBNF) (NEO: BCBN), LanzaTech Global, Inc. NASDAQ: LNZANASDAQLNZA)
By FN Media Group LLC · Via GlobeNewswire · October 29, 2024
Drones Driven by A.I. Are Taking Over Major Industries Including Agriculture, Construction, Military & More
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Artificial intelligence (AI) and drones are a formidable combo that has the potential to transform a variety of industries. When coupled, they build intelligent and autonomous airborne systems capable of completing complicated tasks in a variety of conditions. Because of this, the combination of artificial intelligence and drone technology offers new aerial technological developments for various industries, including agriculture, construction, energy, and security, as well as a solution to many aerial imagery demands. Factors such as technological advancements, growing need for automation and efficiency, and the increasing adoption of drones in the Logistics and Delivery, Agriculture and Precision Farming, Disaster Management and Search & Rescue, Environmental Monitoring and Industrial sectors are boosting the adoption of AI solutions in the UAV landscape. A report from Knowledge Sourcing Intelligence projected that the Artificial Intelligence in drone market size is projected to show steady growth during the forecast period (2024-2029). The report said: "Booming drone adoption in the sector boosts AI in drone market growth. Drones driven by AI are taking over major sectors such as agriculture, serving as industrious field workers. They minimize human effort while monitoring crop health, accurately locating pests, and applying irrigation to maximize production and optimize resource use. The movement known as "precision agriculture" is revolutionizing the way of raising food. According to the January 2022 Press Release Bureau, the government is extending financial support under the "Sub-Mission on Agriculture Mechanization" to encourage the use of drones in agriculture. The Agriculture Ministry will give agricultural institutions grants of up to Rs. 10 lakhs so the farmers can buy drones. When it comes to drone demonstrations on farmer fields Farmer's Producers Organizations (FPOs) can receive funds for up to 75% of the total cost of the drone. The initiatives and factors supporting agriculture enhance the drone market." Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Palantir Technologies Inc. NYSE: PLTRNYSEPLTR)(NASDAQ: QCOMNASDAQQCOM, AgEagle Aerial Systems Inc. (NYSE: UAVSNYSE), Draganfly Inc. (NASDAQ: DPRODPRO).
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
Billion Dollar Commercial Drone Market Poised for Continued Growth, Driven by A.I. Technological Advances
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone market is experiencing significant growth due to increasing demand from various industries such as construction, agriculture, security, military applications and so much more. Drones offer benefits like cost savings, improved efficiency, and enhanced safety for businesses. Market size is projected to reach USD12.3 billion by 2025, driven by technological advancements and regulatory approvals. AI is driving market transformation… The global commercial drones market size is estimated to grow by USD $126.87 billion from 2024-2028, according to a report from Technavio. The market is estimated to grow at a CAGR of 57.74% during the forecast period. Rising applications of drones is driving market growth, with a trend towards new developments and launches of commercial drones. The report continued: “The commercial drones market is experiencing significant growth due to the continuous introduction of new drones, components, and software solutions by vendors. Companies across various industries are integrating drones into their operations for managing assets, monitoring sites, inspecting facilities, and capturing real-time data… featuring advanced autonomous flight technology and Artificial Intelligence, ensuring safe and stable flight in challenging environments. Such innovations increase the availability of advanced drone products and software solutions, fueling the adoption of commercial drones in the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), C3 AI NYSE: AINYSEAI)(NASDAQ: NVDANASDAQNVDA, SoundHound AI, Inc. (NASDAQ: SOUNNASDAQ), AeroVironment (NASDAQ: AVAVAVAV).
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
Global Cloud Storage Market Expected to Reach $234 Billion By 2028 as Tech Stocks Chase Big Opportunities in Big Data
PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The cloud storage market is witnessing significant growth due to the expanding realms of IoT and big data. Cloud storage services offer an agile, flexible, and scalable model for data storage on the Internet, managed and operated by service providers. This model provides enterprises with advantages such as rapid deployment, scalability, reduced CAPEX, and uninterrupted business continuity. A report from MarketsAndMarkets projected that the global Cloud Storage Market size is expected to grow to USD $234.9 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The report said: “The rising investments by governments and investors in tailored Cloud Storage solutions offerings along with the increasing need for flexible, scalable, efficient storage and disaster recovery, backup solutions and services, are expected to drive the market growth. The demand across enterprises worldwide for Cloud Storage solutions in a shift to cloud-based technologies from on premises is expected to drive the market growth. Surge in demand to provide remote work force with omnipresent access to data and files has been a key driving factor to foster market adoption largely.” Active tech companies in the markets this week include: Scope Carbon Corp. (OTCQB: SCPCF) (CSE: SCPE), Oracle Corporation (NYSEORCL), Snowflake NYSE: SNOWNYSESNOW)(NASDAQ: NVDANASDAQNVDA, Advanced Micro Devices, Inc. (NASDAQ: AMDNASDAQ).
By FN Media Group LLC · Via GlobeNewswire · October 23, 2024
Commercial Drone Industry Has Expanded Significantly as Billion Dollar Market is Awarding Lucrative Opportunities for Manufacturers
PALM BEACH, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The business use cases of commercial drones have expanded significantly over the past few years and the commercial drone market is growing to interior uses in warehouses/facilities in additions to all of the well know exterior used. They are also being increasingly adopted in the construction and real estate sectors due to their ability to survey the property, offer constant and exact project alerts, increase safety, and prevent harmful accidents on construction sites. Moreover, their conventional applications, such as monitoring, surveillance, and security, have instigated the product demand for search and rescue operations, identifying unstable roofs in dangerous and inaccessible positions, tracking out elevated infrastructure that might have damaged electrical cables, etc. A recent report issued by Grand View Research, discussed the segments on the market, saying: “Product Insights: The rotary blade segment held the largest revenue share of over 78.9% in 2024. The demand for rotary blade drones is anticipated to surge for inspection activities owing to its ability to hover and execute agile maneuvering while maintaining a visual on a particular target for prolonged periods. These drones are often seen as a suitable alternative for various business applications such as surveillance, filmmaking, photography, and monitoring. In addition, they are easier to control than hybrid and fixed-wing counterparts. The hybrid segment is expected to attain a CAGR of over 18% over the forecast period owing to the advantages associated with these commercial drones. These drones enhance their efficiency and power by integrating the capabilities of batteries and fuel. Moreover, these drones can fly for long periods with heavier payloads, even in severe weather conditions. Tech giants like Facebook and Amazon use hybrid drones to transport packages effectively and quickly while enabling internet access in remote locations.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Red Cat Holdings, Inc. NASDAQ: RCATNASDAQRCAT)(NYSE: JOBYNYSEJOBY, EHang Holdings Limited (NASDAQ: EHNASDAQ), AeroVironment, Inc. (NASDAQ: AVAVAVAV).
By FN Media Group LLC · Via GlobeNewswire · October 17, 2024
Global Commercial Drone Market Size Estimated at $30 Billion as Technological Advancements are Booming
PALM BEACH, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts and investors see continued growth in the global commercial drone market size. The market growth is attributed to the increasing enterprise application of drones across various industry verticals. Several drone manufacturers are continually testing, inventing, and upgrading solutions for diverse markets used for various applications, including filming and emergency response. Besides, the integration of modern technologies in commercial drones to deliver enhanced solutions is opening new growth opportunities for the commercial drone market. According to a report from Grand View Research said that the global commercial drone market size, which was estimated at USD 30.02 billion in 2024 is expected to grow at a CAGR of 10.6% from 2025 to 2030. The report said: “Technological advances allow companies to design and construct measurement and annotation tools for estimating area, volume, and distance. As a result, organizations are constantly adopting Artificial Intelligence (AI) and Machine Learning (ML) solutions to retrieve accurate findings from large volumes of data. Integration of these modern technologies provides the industry with ample opportunities as they facilitate real-time, data-driven decision-making through high-speed data capture, processing, and transfer. AI-powered drones also allow users to interact and observe footage captured by other drones in real-time and track their flight paths.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AgEagle Aerial Systems Inc. NYSE: UAVSNYSEUAVS)(NYSE: RTXNYSERTX, Draganfly Inc. (NASDAQ: DPRONASDAQ), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOSKTOS).
By FN Media Group LLC · Via GlobeNewswire · October 17, 2024
Why Some Experts are Predicting Gold will Trade in Range of $2,800/oz to $3,200/oz in 2025
PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Gold, often referred to as the "safe-haven asset," has been a cornerstone of global finance for centuries. Its value has historically been influenced by a myriad of factors, including economic indicators, geopolitical events, and market sentiment. According to expert analysts in a report by Skilling.com, the gold price prediction for 2024 is expected to be positive, with prices potentially reaching $2,500 per ounce. This is driven by the Federal Reserve's monetary policy, interest rates, and global demand for safe-haven assets. Some experts predict that gold will trade in the range of $2,800-$3,200 in 2025, reflecting expectations of a Federal Reserve rate cut. The report said: “In the long term, the gold price prediction is influenced by factors such as inflation, central bank policies, and global economic trends. Analysts predict that the price of gold could reach $6,800 an ounce by 2040, estimating a rate of return of 7.2% per year. The increasing demand for gold as a safe-haven asset and the potential for a global recession are also driving factors behind the positive gold price prediction. Gold prices have been on a steady rise since 2023, with many analysts predicting a continued upward trend in 2024. According to J.P. Morgan Research, gold prices are expected to climb to $2,500/oz by the end of 2024, driven by factors such as U.S. fiscal deficit concerns, central bank reserve diversification into gold, inflationary hedging, and a fraying geopolitical landscape. This prediction is in line with other analysts' predictions, with some predicting even higher prices, such as AG Thorson's target of $3,000.” Active mining companies in the markets this week include RUA GOLD Inc. (OTCQB: NZAUF) (TSX-V: RUA), Newmont Corporation (NYSENEM) (TSX: NGT), OceanaGold Corporation (OTCQX: OCANF) (TSX: OGC), New Found Gold Corp. NYSE: NFGCNYSENFGC)
By FN Media Group LLC · Via GlobeNewswire · October 15, 2024
Global Cybersecurity Becoming Increasingly Vital as Market Revenues are Now Part of a Multi-Billion Dollar Industry Opportunity
PALM BEACH, Fla., Oct. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global cyber security market size, which was estimated at USD 222.66 Billion in 2023 is projected to grow at a compound annual growth rate (CAGR) of 12.3% through 2030 according to a report from Grand View Research. The report said: “A growing number of cyber-attacks owing to the proliferation of e-commerce platforms, emergence of smart devices, and deployment of cloud are some key factors propelling market growth. Moreover, increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate cyber-attack risk, supporting the cyber security market growth. With cyber environment emerging as a highly integrated system, need for an adaptive, multi-layered, and self-learning security system has become imperative. In addition, factors such as emergence of mobile-networked devices, prevalence of electronic communications, growth of social media, and an increasing reliance on Big Data have created a need for defense cybersecurity system to be updated with the changing cyber threat scenario. Governments have increased their spending on cybersecurity solutions to protect devices and confidential data from cyberattacks, supporting market growth.”   Active Companies in the industry includes: Plurilock Security Inc. (OTCQB: PLCKF) (TSX-V: PLUR), BlackBerry Limited (NYSEBB), Palo Alto Networks NASDAQ: PANWNASDAQPANW)(NASDAQ: ZSNASDAQZS, Palantir Technologies Inc. (NYSE: PLTRNYSE).
By FN Media Group LLC · Via GlobeNewswire · October 11, 2024
How Artificial Intelligence Influence on Drone Technology is Playing Pivotal Role in Shaping Future of Various Industries
PALM BEACH, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Artificial Intelligence (AI) in Drone Technology Market is projected by industry experts to continue to substantially increase in the next several years. They say that enhanced autonomy and intelligence will drive market growth. A recent report from market.us said: “The integration of AI into drone technology will significantly drive the growth of the AI in Drone Technology market. One of the primary factors is the enhanced autonomy that AI brings to drones.” The report said: “AI algorithms enable drones to perform complex tasks independently, such as navigating through challenging environments and avoiding obstacles without human intervention. This capability is crucial in sectors like agriculture, where AI-powered drones can monitor crop monitoring and optimize resource use, leading to higher yields and reduced waste. Moreover, AI improves the intelligence of drones, allowing them to analyze data in real time and make instant decisions. This is particularly beneficial in emergency services, where drones equipped with AI can conduct search and rescue operations efficiently by covering large areas quickly and identifying individuals in need of help through advanced imaging techniques.” It continued: “Additionally, AI’s role in data collection and processing is transformative. Drones can gather vast amounts of data and, using AI, analyze it to provide actionable insights. For example, in infrastructure inspection, AI-powered drones can detect faults such as cracks or corrosion in real time, helping to prevent costly repairs and ensuring safety. Drones equipped with AI can collect and analyze vast amounts of data, providing actionable insights in real time. This trend is particularly valuable in industries like construction, mining, and environmental monitoring, where timely data is critical for decision-making.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Safe Pro Group Inc. NASDAQ: SPAINASDAQSPAI)(NASDAQ: KTOSNASDAQKTOS, Workhorse Group Inc. (NASDAQ: WKHSNASDAQ), Ondas Holdings Inc. (NASDAQ: ONDSONDS).
By FN Media Group LLC · Via GlobeNewswire · October 2, 2024
Global Artificial Intelligence (AI) Drone Technology Market Size Expected to Reach $206 Billion by 2033
PALM BEACH, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The AI in Drone Technology involves the integration of artificial intelligence with drone technology to enhance the capabilities of drones in various applications, such as military and defense, agriculture, logistics, government, industrial sectors and construction. In fact, a recent report (August 2024) from market.us said that the Global AI in Drone Technology Market size is expected to be worth around USD 206.9 Billion by 2033, from USD 12.5 Billion in 2023, growing at a CAGR of 32.4% during the forecast period from 2024 to 2033. The report said: “The AI in Drone Technology Market focuses on the integration of artificial intelligence into drone operations. AI enhances drone capabilities in areas such as navigation, data collection, and autonomous decision-making. This market is growing rapidly as industries recognize the potential of drones to improve efficiency and reduce costs. Key applications of AI in this market include precision agriculture, aerial surveillance, and delivery services. AI-driven drones can analyze vast amounts of data in real-time, enabling more accurate decision-making and faster response times. Industries such as agriculture, logistics, and defense are major adopters.”   Active AI/Drone Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), AeroVironment, Inc. NASDAQ: AVAVNASDAQAVAV)(NASDAQ: DPRONASDAQDPRO, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), AgEagle Aerial Systems Inc. (NYSE: UAVSUAVS).
By FN Media Group LLC · Via GlobeNewswire · October 2, 2024
On the Heels of Inflation, Why Experts Expect Gold Prices Will Climb to Record Highs in 2025
PALM BEACH, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Gold prices are forecast to climb to record highs in the coming year. The price of gold has soared to new heights this year and is positioned to climb into early 2025, rising to new record highs, according to Goldman Sachs Research. The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. Goldman Sachs Research forecasts the price will reach $2,700 by early next year, buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks. The metal could get an additional boost if the US imposes new financial sanctions or if concerns mount about the US debt burden. They see that Gold prices are forecast to climb to record high. Goldman Sachs says that: “Gold is our strategists’ preferred near-term long (the commodity they most expect to go up in the short term), and it’s also their preferred hedge against geopolitical and financial risks. In this softer cyclical environment, gold stands out as the commodity where we have the highest confidence in near-term upside,” Goldman Sachs Research strategists Samantha Dart and Lina Thomas write. Active Mining Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Equinox Gold Corp. (NYSE American: EQX), Kinross Gold Corporation (NYSEKGC), Barrick Gold Corporation NYSE: GOLDNYSEGOLD)(NYSE: IAGNYSEIAG.
By FN Media Group LLC · Via GlobeNewswire · September 25, 2024
Global Carbon Dioxide Removal Market Size Expected to Reach $2.54 Billion By 2033 as Climate Change Concerns Grow
PALM BEACH, Fla., Sept. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The carbon dioxide removal market has grown rapidly with the developments in the chemical domain. This industry mainly deals with providing solutions for removing C02 from the environment using natural and artificial methods. The C02 removal strategy is mostly integrated into many climate policies, as CO2 is an important element of climate change. CDR includes several methods that are mainly used on land or in aquatic systems. Land-based methods consist of afforestation, reforestation, and other agricultural practices. The water-based methods include ocean alkalinity enhancement, ocean fertilization, wetland restoration, and some blue carbon approaches. There are several products that are used in the CDR process that mainly include Biochar, Direct Air Capture (DAC), Enhanced/Carbon Mineralization, Ocean Alkalinization, BECCS, Microalgae, and some others. The CDR mainly finds applications in the technology and finance sectors. This industry is expected to grow exponentially with the growth in chemical industries. A report from Precedence Research said: “The global carbon dioxide removal market size was USD 638.73 million in 2023, calculated at USD $733.52 million in 2024 and is expected to reach around USD $2,548.29 million by 2033. The market is expanding at a solid CAGR of 14.84% over the forecast period 2024 to 2033. The rising awareness of reducing CO2 emissions across the world is driving the growth of the carbon dioxide removal market.” Active companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), Occidental Petroleum Corporation (NYSEOXY), Arq, Inc. NASDAQ: ARQNASDAQARQ)(NASDAQ: GEVONASDAQGEVO, Bloom Energy Corporation (NYSE: BENYSE).
By FN Media Group LLC · Via GlobeNewswire · September 24, 2024
How Critical Demand for Metastatic Breast Cancer Therapies is Producing a Multi-Billion Dollar Opportunity for Biotechs
PALM BEACH, Fla., Sept. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Breast cancer is an illness in which the breast cells get uncontrollably large. The type of breast cancer depends on which cells in the breast become cancerous. Cancer cells removed during the biopsy are examined to check the presence of progesterone or estrogen receptor proteins. The hormones, i.e. estrogen and progesterone, encourage cancer growth when they bind to these receptors. If these receptors are present, cancers are classified as hormone receptor-positive or hormone receptor-negative (proteins). Breast cancer develops due to reasons, such as BRCA gene mutation and PIK3CA gene mutation etc. Ducts and lobules are the major components of a breast, and everything is held together by the connective tissue which surrounds it. Breast cancer develops where the ducts or lobules are located, and it can spread to other body parts via blood and lymph arteries. Breast cancer is metastasized when it spreads to other body regions. Advanced breast cancer is another word for metastatic breast cancer. Advanced breast cancer is defined in medical terms as breast cancer that has gone beyond the breast to other essential organs in the body, such as the bones, lungs, liver, or brain, to mention a few. Metastatic breast cancer usually develops months or years after a person has finished treatment for an early or locally advanced variety of breast cancer, such as stage I, II, or III. As a result, metastatic breast cancer is also known as distant recurrence. A report from Strategic Market Research predicted that the global metastatic breast cancer treatment market is expected to expand at a CAGR of 10.4% to reach $41.74 billion by 2030 during the period 2021-2030. The report said: “The most commonly prescribed treatments for metastatic breast cancer are chemotherapy and radiation therapy. Both of these treatments help to slow tumor growth. On the other hand, hormone therapy is the most successful treatment since it helps to limit the growth of cancer cells. The metastatic breast cancer treatment market trends like the introduction of more advanced technologies and rising demand for metastatic breast cancer therapies are some of the primary drivers driving the global market's growth.”   Active biotech and pharma companies in the markets this week include Oncolytics Biotech® Inc. (NASDAQONCY) (TSX: ONC), Novartis AG NYSE: NVSNYSENVS)(NYSE: MRKNYSEMRK, Pfizer Inc. (NYSE: PFENYSE), Galmed Pharmaceuticals Ltd. (NASDAQ: GLMDGLMD).
By FN Media Group LLC · Via GlobeNewswire · September 20, 2024
Global Renewable Energy Market Expected to Reach $2.44 Trillion By 2032 as Government Initiatives & Policies Are Driving Forces
PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Over the past decade, the international market for sustainable energy has exploded in growth. Ten years ago, renewable energy sources like solar and wind were emerging technologies, often seen as niche. Today they dominate the energy landscape, with dramatic cost reductions and efficiency improvements making them competitive with and often cheaper than fossil fuels. Technological innovations such as more efficient photovoltaic cells, advanced wind turbine designs, and energy storage solutions like lithium-ion batteries have propelled this evolution. Energy storage has seen breakthroughs that address the intermittency issues of renewables, making it more feasible to rely on them as primary energy sources. Policy frameworks have also shifted. Governments worldwide have implemented more aggressive targets for reducing carbon emissions, incentivizing renewable energy adoption, and investing in green infrastructure. The Paris Agreement, along with various national and regional commitments, has created a supportive environment for sustainable energy solutions. With this revolutionary shift to sustainable energy technology, corporate and consumer demand for greener options has also surged, pushing industries to adopt more sustainable technology. The market is now characterized by a diverse array of solutions, including green hydrogen, electric vehicles, and smart grids, reflecting a broader commitment to a sustainable energy future. According to a report from Straits Research: “The global renewable energy market size was valued at USD 1085.0 Billion in 2023. It is estimated to reach USD 2449.6 Billion by 2032, growing at a CAGR of 9.47% during the forecast period (2024–2032). Rising energy demand, renewable energy in power generation and favorable government initiatives are the key drivers for the growth of the global market.” Active companies in the markets this week include: VivoPower International PLC (NASDAQVVPR), Tesla, Inc. NASDAQ: TSLANASDAQTSLA)(NASDAQ: PLUGNASDAQPLUG, NIO Inc. (NYSE: NIONYSE), ChargePoint Holdings, Inc. (NYSE: CHPTCHPT).
By FN Media Group LLC · Via GlobeNewswire · September 17, 2024