Saratoga Investment Corp. announced a 13.4% increase in assets under management (AUM) to $1.109 billion and a 9.1% annual return on equity (ROE) for fiscal year 2026, outperforming the BDC industry average of 4.3%. The company saw net originations of $101.1 million in Q4 2026, supporting new and follow-on investments, while maintaining low non-accruals at 0.2% of fair value. Despite a slight decline in net asset value per share due to dividends and market conditions, Saratoga declared a strong dividend yield of 12.6% for fiscal 2027’s first quarter. The company remains focused on disciplined underwriting and portfolio growth amid a volatile economic environment.
California Resources Corporation has completed the first CO₂ injection at Carbon TerraVault I, California's first operational carbon capture and storage (CCS) project located in Kern County. This milestone marks a significant step toward California's...
REalloys Inc. has committed $20.6 million to upgrade the Saskatchewan Research Council's rare earth processing facility, increasing production capacity for critical rare earth metals like Neodymium-Praseodymium, Dysprosium, and Terbium. These upgrade...
Baker Hughes has extended and expanded its contract with Petrobras to provide integrated well construction solutions in Brazil's Santos Basin. The company will deploy advanced technologies like the AutoTrak rotary steerable system and Dynamus drill b...
Cartesian Therapeutics secured up to $150 million in non-dilutive financing from K2 HealthVentures, with an initial $50 million tranche extending its cash runway into 2028. This funding supports the advancement of multiple clinical trials for its CAR...
Rocket Lab's stock surged following strong Q1 2026 results, with revenue up 63.5% year-over-year to $200.3 million and a record backlog of $2.2 billion. The company also secured a $90 million contract from the U.S. Space Force to design and manufactu...
