Notable 26 March 2024 Newsmakers

DENVER, Colo., Mar 26, 2024 (247marketnews.com)- Today’s notable listings with recent news include KULR Technology Group, Inc. (NYSE:KULR), (NYSE:LMT), Mesoblast Limited (NASDAQ:MESO), Canopy Growth Corporation (NASDAQ:CGC), and Siyata Mobile (NASDAQ:SYTA),

KULR Technology Group, Inc. (NYSE:KULR) reported, this morning, that it received a six-figure contract from Lockheed Martin (NYSE:LMT) to develop phase change material heat sinks, which are pivotal for the thermal regulation of essential electronics within long-range precision missiles.

Ted Krupp, KULR’s VP of Sales and Marketing, stated, “Our partnership with Lockheed Martin validates our drive for excellence and innovation in managing high-stakes thermal challenges. Our work is critical for enhancing the capabilities of precision-guided weaponry.” KULR remains at the forefront of thermal regulation technology, continuously evolving its solutions to support safer, more efficient electronic and battery systems across a variety of applications.

Mesoblast Limited (NASDAQ:MESO) stated that U.S. FDA informed the company that the available clinical data from its Phase 3 MSB-GVHD001 study appears sufficient to support submission of the proposed Biologics License Application (BLA) for remestemcel-L for treatment of pediatric patients with steroid-refractory acute graft versus host disease (SR-aGVHD).

“We thank the agency for their collaborative approach. The responses and guidance from FDA are clear and provide us with a high level of confidence to refile our BLA for remestemcel-L in children with SR-aGVHD,” said Mesoblast CEO Dr. Silviu Itescu.

Canopy Growth Corporation (NASDAQ:CGC) celebrated, last week, the German government’s final approval legalizing cannabis, as well as advancing a clear victory for enhanced medical cannabis access, which will officially be recognized as a non-narcotic in Germany, starting April 1, 2024, enabling adult German consumers to consume cannabis legally and without fear of prosecution.

Siyata Mobile (NASDAQ:SYTA) is an original equipment manufacturer and seller of push-to-talk PTT handsets, vehicle kits, and related accessories, for the Push-to-Talk Over Cellular (PoC) market, like its mission critical PoC (MCPTT) SD7 handsets and accessories.

In addition to its current offerings, Siyata is gearing up to launch its upcoming SD7+ all-in-one handset, which features MCPTT and bodycam video streaming solutions, with stronger signal reception that can help first responders remain connected while in adverse weather conditions, at extended distance from the nearest cell tower, and obscure terrain, including hard-to-reach would be dead spots in basements, elevators, and stairwells, for public safety and private security markets.

A recently uploaded video, titled “Mission Critical Communications for University of California, Davis Fire” features Siyata’s MCPTT and how the Land Mobile Radio (LMR) to Long Term Evolution (LTE) systems evolution is helping the department with its communication needs.

To view the FirstNet (NYSE:T) video, please visit https://www.youtube.com/watch?v=AftgMN3akY4

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