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Peraso’s (NASDAQ: PRSO) Edge: The Digital Backbone of Robotaxi Fleets — Plus Tech Gamechangers TMDE, SMXT, JCSE, ASST More Inside Getting your Trinity Audio player ready... This is where Peraso Technologies’ (NASDAQ: PRSO) enters the picture. Peraso specializes in 60 GHz mmWave wireless modules designed for ultra-high-speed, low-latency data transfer. In robotaxi environments, Peraso’s technology enables multi-gigabit wireless offload, allowing vehicles to upload an entire day’s worth of data in minutes rather than hours. Key advantages include: As robotaxi fleets […]

#PRSO Peraso’s (NASDAQ: PRSO) Edge: The Digital Backbone of Robotaxi Fleets — Plus Tech Gamechangers #TMDE, #SMXT, #JCSE, #ASST More Inside
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TMD Energy Limited Reports Its Financial Results for the Six Months Transition Period Ended June 30, 2025 TMD Energy Limited (NYSE AMERICAN: TMDE) reported financial results for the six-month transition period ended June 30, 2025, showing significant challenges. The company recorded revenue of $276.3 million, down 22.7% year-over-year, with bunkering volumes declining 11.2% to 514,025 metric tons.Key financial metrics include a gross profit of $4.0 million with a margin of 1.4% (down from 1.6% in 6M2024), and a net loss of $4.5 million compared to a net income of $1.1 million in the previous period. The loss was primarily attributed to foreign exchange losses of $1.5 million and increased interest expenses of $2.8 million.Strategic initiatives include achieving ISCC EU certification for biofuel supply, expanding into oil waste collection, and forming a partnership with Double Corporate for sustainable fuel markets.

#TMDE TMD Energy Limited Reports Its Financial Results for the Six Months Transition Period Ended June 30, 2025

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TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration TMD Energy Limited (NYSE: TMDE) has signed a Memorandum of Agreement with Double Corporate Sdn Bhd to explore strategic collaboration in bioenergy markets across EU and Asia. The agreement includes a one-year exclusivity period for negotiations and marks TMDE's strategic expansion into sustainable fuel sectors. Double Corporate, an ISCC-EU certified Malaysian bioenergy company, specializes in converting waste into sustainable fuels using proprietary technology, particularly focusing on sustainable aviation fuel (SAF) and sustainable marine fuel (SMF). The partnership aims to leverage Double Corporate's decade-long expertise in producing high-yield, low-emission biofuels while complementing TMDE's existing integrated bunkering and ship management services.

#TMDE TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioenergy Collaboration

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TMD Energy Limited Reports 2024 Full-Year Results TMD Energy Limited (NYSE: TMDE) reported its FY2024 financial results with notable growth in several key metrics. The company's revenue increased 8.8% to $688.6 million, up from $633.1 million in FY2023, primarily driven by its Bunkering Services Segment. Gross profit surged 32.7% to $16.0 million, with gross margin improving to 2.3%. Income from operations saw a substantial increase of over 130% to $6.0 million, while net income remained stable at $1.9 million. The Bunkering Services Segment, contributing over 99% of revenue, experienced a 6.0% increase in oil cargo bunkered volume due to customer base expansion. However, the company faced increased interest expenses of $4.6 million, up from $2.2 million in FY2023, due to higher trade financing utilization.

#TMDE TMD Energy Limited Reports 2024 Full-Year Results

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