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Uber Technologies Inc. stock falls Wednesday, underperforms marketVersarien plc ( LON:VRS – Get Free Report )’s stock price traded up 20.7% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 19,739,918 shares were traded during trading, a decline of 63% from the average session volume of 53,103,016 shares. The stock had previously closed at GBX 0.03 ($0.00). Versarien Price Performance The company has a quick ratio of 1.67, a current ratio of 1.58 and a debt-to-equity ratio of 655.61. The stock’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.06. The firm has a market cap of £768,900.00, a price-to-earnings ratio of -0.83 and a beta of 1.13. Versarien Company Profile ( Get Free Report ) Versarien plc provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Technology Business and Mature Business. It offers Nanene, a few-layer graphene; Polygrene, a graphene enhanced polymer; Hexotene, a few-layer hexagonal boron nitride nano-platelet powder; and graphene-based nanomaterials for energy storage devices, as well as a range of electrically conductive graphene inks for various printing processes, substrates, and applications under the Graphinks name. Recommended Stories Receive News & Ratings for Versarien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Versarien and related companies with MarketBeat.com's FREE daily email newsletter .
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is working to enhance satellite-based services for users, focusing on improving connectivity in areas lacking cellular coverage. Building on its 2022 collaboration with Globalstar, Apple’s latest investment aims to bolster its position in the growing direct-to-device (D2D) satellite communication market. Apple has committed $1.5 billion to satellite communications company Globalstar, which includes a $1.1 billion cash investment and a $400 million allocation for a 20% equity stake in the business. A game-changing partnership in low Earth orbit connectivity This new deal between Apple and Globalstar represents one of the most substantial consumer OEM investments in low Earth orbit (LEO) satellite technology to date. Globalstar, which operates 31 satellites, plans to use Apple’s funds to expand its network. The company has already ordered up to 26 additional satellites to strengthen its LEO constellation, ensuring broader and more reliable coverage. Approximately 85% of Globalstar’s network capacity will remain dedicated to Apple’s services, underscoring the strategic significance of this partnership. With Globalstar, Apple will further position itself as a leader in the D2D satellite communication market - a field that enables standard to connect directly with satellites. The announcement has already had a notable market impact, with Globalstar’s stock rising by 31.4%. The deal could have a significant impact on the connectivity ecosystem, as the largest and most important consumer OEM low Earth orbit (LEO) agreement to date. ViaThe Senior General noted that both capable defence and powerful defence must be fully integrated to enhance military capabilities. Chairman of the State Administration Council Commander-in-Chief of Defence Services Senior General Thadoe Maha Thray Sithu Thadoe Thiri Thudhamma Min Aung Hlaing delivered a speech at the passing out parade of the 26th Intake of Defence Services Technological Academy at the DSTA parade ground in PyinOoLwin yesterday morning. After taking the salute of cadet companies, the Senior General inspected the graduate cadet company. Cadet companies saluted the Senior General with the slow-march past and quick-march past. The Senior General presented the Best Cadet Award to cadet Phyo Ko Ko, an Excellent Award in Training to cadet Than Htaik Aung, and an Excellent Award in Studies to cadet Aung Phyo Khaing. The Senior General delivered a speech. He said: Only when human resources accredited with quality assurance recognized by engineering organizations are continuously turned out will Tatmadaw’s engineering capability benefit the State. Modern wars apply advanced technologies and effectively use electronic warfare and information warfare. Hence, military leaders emphasize advanced technologies more than manpower in current wars. Hence, the role of technology is crucial in adopting defence policies. As such, it is necessary to conduct continuous research on military science and technologies to have good skills in applying these technologies to be efficiently used in their respective sectors. Currently, military science and technological fields emphasize the use of artificial intelligence. Moreover, as current battlefields are in the shape of a digitalized battlefield based on information technology, the officers need to constantly study information technology. The engineering corps of the Tatmadaw take rescue and relief measures by applying engineering technologies, expertise and machinery without delay whenever natural disasters hit any region. As soon as they know information about natural disasters, they must rush to the scenes to quickly take rescue and relief measures without waiting for any orders. Rehabilitation tasks must be carried out with manpower and machinery with utmost efforts to restore the original status of the disaster-affected areas as quickly as possible. A military leader is required to continuously study and innovate, keeping up with the evolving military tactics and advanced technologies to stay competitive internationally. To enhance military capabilities, both capable defence and powerful defence must be fully integrated. To be skilled, it is necessary for individuals to continuously engage in training, while to possess strength, weapons, vehicles, machinery, and equipment must all be made to be powerful and efficient. The Senior General gave guidance to all to continue studies based on their learning experiences of the qualified engineering education system for the improvement of their lives. After taking the salute of the cadet companies, the Senior General left the parade ground. Also present at the ceremony were Daw Kyu Kyu Hla, wife of the Senior General, Chief of the General Staff (Army, Navy and Air) General Thiri Pyanchi Sithu Maung Maung Aye and wife, Commander-in-Chief (Navy) Admiral Zeya Kyaw Htin Htein Win and wife, Commander-in-Chief (Air) General Zeya Kyaw Htin Sithu Tun Aung and wife, senior Tatmadaw officers from the Office of the Commander-in-Chief and their wives, union ministers, the commander of Central Command, the commandant of DSTA, parents and relatives of graduate cadets and guests. At the parlour of the DSTA headquarters, the Senior General met outstanding cadets and their parents and relatives. Speaking on the occasion, the Senior General said that as technology is rapidly developing with changes, it is necessary to continue studies with research to be able to catch up with the development of the world. The cadets have to pay back gratitude to the parents as well as Tatmadaw. They need to control themselves and uplift their capacity to become good leaders on whom families, Tatmadaw and the State can rely. — MNA/TTAJerusalem : Israel’s air defence systems on Wednesday intercepted a missile fired from Yemen, the Israeli military said in a statement. The projectile “was intercepted before crossing into Israeli territory,” the military said.Sirens sounded across central Israel “due to the possibility of falling shrapnel from the interception,” it added. Magen David Adom, Israel’s emergency service, said that it had treated at least nine people who were injured on their way to shelters.For the fifth time in a week, millions of Israelis were sent to shelters as Houthi militants in Yemen launched a missile attack, the Israel Defense Forces said in a post on X. 🚨For the 5th time in a week, millions of Israelis were sent to shelter as Houthi terrorists in Yemen launched a missile attack. pic.twitter.com/nsoJb4saxa Houthi forces have launched sporadic missile and drone attacks on Israel since October last year, citing solidarity with Palestinians in Gaza. Israel has retaliated with several large-scale airstrikes, the most recent of which occurred last Thursday, Xinhua news agency reported. On Tuesday, the Houthi group had said that it had launched a “hypersonic ballistic missile” at Tel Aviv before dawn, an attack that Israel said it had successfully intercepted. “In support of the Palestinian people in Gaza, we launched a hypersonic ballistic missile at Tel Aviv, targeting a military target,” Houthi military spokesperson Yahya Sarea said in a statement aired by Houthi-run al-Masirah TV. He vowed that his group would launch more attacks against Israel and that the US-led airstrikes on his group’s targets in Yemen would not stop them. “We are fully prepared and ready to confront the Israeli-American-British aggression (on Yemen),” he said.Earlier on Tuesday, the Israel Defense Forces (IDF) said that it had intercepted a missile launched by Houthis. The missile, which was aimed at Tel Aviv, triggered air-raid sirens across central and southern Israel, forcing millions of residents to seek shelter just before 2 am local time (0000 GMT). “A projectile launched from Yemen was intercepted prior to crossing into Israeli territory,” the IDF said in a statement, adding that the sirens were activated as a precaution due to the possibility of falling shrapnel from the interception. The missile attack came just a day after Houthis launched a drone strike on Israel, which was also intercepted, according to the IDF.
Push for tech-transfer initiatives to boost economic growth
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