TC

EHang Secures Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Pilotless eVTOL Aircraft

Retrieved on: 
Sunday, April 7, 2024
Element, Type certificate, CAAC, Certification, PC, Conference, Documentation, Airworthiness certificate, TC, Urban Air Mobility, UAV, AC, Safety, Standard Athletic Club, Aircraft, Medical device

Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations.

Key Points: 
  • Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations.
  • The PC is a critical certificate issued by the national aviation authority, the CAAC, to the aircraft manufacturer.
  • Securing this certificate indicates that EHang has established a mass production quality management system that meets the CAAC’s airworthiness regulatory requirements, and the Company has been authorized for continued mass production.
  • The mass production quality management system for the EH216-S encompasses raw materials, supplier management, production organization, production quality control, aircraft pre-delivery test, after-sales repair and maintenance, etc.

Salarius Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Friday, March 22, 2024
Research, Topotecan, TC, LSD1, Survival, Bone marrow, Progression-free survival, DCR, Patient, Acquisition, Deuterium, NHL, IND, Myelodysplastic syndrome, Non-Hodgkin lymphoma, Clinical trial, Azacitidine, Chronic myelomonocytic leukemia, Probability, Cyclophosphamide, FDA, MD Anderson Cancer Center, Ewing sarcoma, Consultant, Food, Pharmaceutical industry

HOUSTON, March 22, 2024 (GLOBE NEWSWIRE) -- Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company using protein inhibition and protein degradation to develop cancer therapies for patients in need of new treatment options, today reported financial results for the three and 12 months ended December 31, 2023 and provided a business update.

Key Points: 
  • Cash and cash equivalents were $5.9 million as of December 31, 2023, compared with $12.1 million as of December 31, 2022.
  • In August 2023 Salarius announced a comprehensive review of strategic alternatives focused on maximizing shareholder value.
  • Research and development expenses were $0.06 million for the fourth quarter of 2023, compared with $4.7 million for the fourth quarter of 2022, reflecting the above-mentioned cost-savings plan.
  • Net cash used for operating activities during the fourth quarter of 2023 was $1.5 million, compared with $4.7 million during the same quarter in 2022, reflecting the above-mentioned cost-savings plan.

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Friday, March 15, 2024
PIN, Transport, Unmanned aerial vehicle, Investment, Aircraft, Telefónica, Telecommunications, Marketing, Research, CAAC, Certification, Partnership, Cluster, Bureau, Smart, SAVI, City, AC, UAM, Quarter, Economic development, AS9100, TC, Tourism, Telephone, UAV, Acquisition, Yoy, Sport, Counties of China, Television, PC, Growth, Urban Air Mobility, Operating cost, Local government, Life, Atmosphere, EIH, GAC Group, Government, European, Total, Video game

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

TC Energy enters agreement to sell Prince Rupert Gas Transmission entities to Nisga’a Nation and Western LNG

Retrieved on: 
Thursday, March 14, 2024
Letter, Growth, TC, Partnership, Procurement, TRP, Sale, TC Energy, TSX, WCSB, Natural gas

CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into a binding letter agreement with Nisga’a Nation and Western LNG (the Buyers) regarding the purchase and sale of all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership (collectively, PRGT). PRGT is a wholly owned subsidiary of TC Energy and the developer of a natural gas pipeline project in British Columbia and potential delivery corridor that would further unlock Canada as a secure, affordable and sustainable source of LNG.

Key Points: 
  • CALGARY, Alberta, March 14, 2024 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced today that it has entered into a binding letter agreement with Nisga’a Nation and Western LNG (the Buyers) regarding the purchase and sale of all outstanding shares in Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership (collectively, PRGT).
  • PRGT is a wholly owned subsidiary of TC Energy and the developer of a natural gas pipeline project in British Columbia and potential delivery corridor that would further unlock Canada as a secure, affordable and sustainable source of LNG.
  • This transaction demonstrates TC Energy’s resolve toward delivering its 2024 strategic priorities while facilitating the development of critical energy infrastructure.
  • This is an important agreement that will see Indigenous co-ownership and development of an integrated LNG project.

Navigator Gas Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, March 13, 2024
Amon, Element, The Company, TC, Enterprise Products, Crédit Agricole, Terminal, Policy, Sale, Line of credit, Transport, Dividend, Return, Module (mathematics), Carbon, Adjustment, Credit, Zoom, Depreciation, Term loan, Ammonia, Navigator Gas, Navigator

Utilization across the fleet decreased from 93.4% in the third quarter of 2023 to 91.3% in the fourth quarter of 2023.

Key Points: 
  • Utilization across the fleet decreased from 93.4% in the third quarter of 2023 to 91.3% in the fourth quarter of 2023.
  • The Ethylene Export Terminal throughput during the fourth quarter of 2023 was 208,495 metric tons, compared to 262,835 metric tons during the fourth quarter of 2022.
  • Of the expected total of $130 million, $35.0 million has been contributed as of December 31, 2023, $17.0 million of which was contributed during the fourth quarter of 2023.
  • E.D.T., the Company’s management team will host a Zoom conference call and slide presentation to discuss the financial results for the fourth quarter of 2023.

2024 APEGA Summit Award Recipients Announced

Retrieved on: 
Wednesday, March 13, 2024
University, First Nations, Environment, Sanitation, Motivation, Face, TC, Earth science, APEGA, Woman, Schulich, Trust, Education, Research, Summit Awards, Memorial University of Newfoundland, Faculty, Student, Housing, Breast cancer, Drinking water, Management

Edmonton, March 13, 2024 (GLOBE NEWSWIRE) -- The Association of Professional Engineers and Geoscientists of Alberta (APEGA) has announced the recipients of this year’s Summit Awards.

Key Points: 
  • Edmonton, March 13, 2024 (GLOBE NEWSWIRE) -- The Association of Professional Engineers and Geoscientists of Alberta (APEGA) has announced the recipients of this year’s Summit Awards.
  • The annual Summit Awards Gala will take place on Thursday, April 25, in Edmonton and returns to a fully in-person event this year.
  • More information about the gala, as well as biographies and photos of recipients are available online at apega.ca/summit-awards/gala.
  • Congratulations to the 2024 APEGA Summit Award recipients:
    Dr. William (Bill) Rosehart, P.Eng., from Calgary, is receiving the Centennial Leadership Award for his work as a professional engineer, professor, and dean of the University of Calgary’s Schulich School of Engineering (Schulich).

Samsung Demonstrates New CXL Capabilities and Introduces New Memory Module for Scalable, Composable Disaggregated Infrastructure at Memcon 2024

Retrieved on: 
Tuesday, March 26, 2024
Data Management, Semiconductor, Consumer Electronics, Technology, Software, Artificial Intelligence, Hardware, Corporation, HBM, TC, Memory, Broadcom Inc., CMM, DRAM, Red Hat, Memorandum, Red, Peaberry, AI, Samsung Electronics, CXL, Supermicro, TCO, VMware, FPGA, Samsung, Ecosystem, Persistent memory, TB, Compute Express Link, Multimedia, CPU, IMDB, AIC, Computer data storage

View the full release here: https://www.businesswire.com/news/home/20240326037385/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240326037385/en/
    Jin-Hyeok Choi, Corporate Executive Vice President, Device Solutions Research America – Memory at Samsung Electronics, unveiled the industry's first CXL Memory Module Hybrid for Persistent Memory (CMM-H PM) during his keynote presentation at Memcon 2024.
  • Samsung also partnered with Supermicro , a global leader in Plug and Play Rack-Scale IT solutions, to demonstrate the industry’s first Rack-Level memory solution for highly scalable and composable disaggregated infrastructure.
  • On stage, Samsung and VMware by Broadcom also introduced project Peaberry, the world’s first FPGA (Field Programmable Gate Arrays)-based tiered memory solution for hypervisors called CXL Memory Module Hybrid for Tiered Memory (CMM-H TM) .
  • To learn more about Samsung Semiconductor’s advanced memory technologies and solutions, please visit: https://semiconductor.samsung.com/us/

TCBP Increasing Treatment Capacity with Expanded Manufacturing Process

Retrieved on: 
Tuesday, April 2, 2024
PLC, Patient, TCB, Holding, Doctor of Philosophy, Senior, Cancer, TC, Commercialization, Process

This undertaking, which will utilize its current infrastructure, will provide a cost reduction of 85% per patient treatment.

Key Points: 
  • This undertaking, which will utilize its current infrastructure, will provide a cost reduction of 85% per patient treatment.
  • The Company expects to implement the improved manufacture process into its current facility in the next 24 months.
  • "These new initiatives will allow us to increase capacity while simultaneously reducing the cost of our per patient treatment once optimized," said Dr. Lauren Bor, Ph.D., Process Development and Commercialization, Senior Manager.
  • Additionally, I believe that these developments will lay the groundwork for commercialization plan and increasing TC BioPharm's manufacturing footprint."

Tecumseh Unveils Enhanced Portfolio to Comply with Lower GWP Standards at CMPX 2024

Retrieved on: 
Thursday, March 14, 2024
UL, HG, Tecumseh Products, ANN, Argus, ALX, Kigali Amendment, TC, College of Engineering (KNUST), FH, ASHRAE, Hydrofluorocarbon, Refrigeration, R-32, ARGUS, VS, RG, AJ2, AE2

ANN ARBOR, Mich. , March 14, 2024 /PRNewswire-PRWeb/ -- Tecumseh Products Company, a pioneering force in compressor and refrigeration systems, is set to present its diverse product range geared towards addressing the ongoing global industry requirements for a more sustainable future at the CMPX Expo 2024. In alignment with the Kigali Amendment, which calls for a gradual reduction in the use of HFCs globally, Tecumseh will showcase reliable R-290 reciprocating compressors and A2L classified solutions tailored for commercial refrigeration and some specific heat pump applications. Additionally, the company will introduce expanded Argus condensing units designed to meet heightened demands for Walk-In Cooler and Freezer applications.

Key Points: 
  • Additionally, the company will introduce expanded Argus condensing units designed to meet heightened demands for Walk-In Cooler and Freezer applications.
  • Tecumseh proudly introduces two standout rotary compressor offerings, the RG and HG compressors, now compatible with R-454B, with an anticipated expansion of R-32 models in late 2024.
  • In the commercial refrigeration sector, Tecumseh is gearing up its system offerings to function with R-454C and R-455A for compressors exceeding 15cc displacement.
  • Following the updated UL standards in late 2023, R-290 refrigeration equipment will now be permitted a higher charge limit beyond 150g.

EQS-News: Befesa delivered €182m adjusted EBITDA despite a persistently challenging year 2023

Retrieved on: 
Wednesday, March 13, 2024
EV, Zinc, LTIR, Growth, ESG, LME, Hazardous waste, Steel Dust, Health, Safety, Steel, AGM, Policy, Electricity, EPS, EAF, TC, Beauty salon

The recycled volumes of aluminium salt slags increased by 12% to 361 kt in 2023, with an average capacity utilisation of around 77%.

Key Points: 
  • The recycled volumes of aluminium salt slags increased by 12% to 361 kt in 2023, with an average capacity utilisation of around 77%.
  • On base metal prices, zinc LME prices were persistently low compared to the prior year and averaged €2,450 per tonne in 2023 (-26% yoy).
  • Further information on ESG at Befesa during 2023 will be provided in the Befesa ESG Report 2023, which will be published in June 2024.
  • Despite the current market challenges, Befesa recognises a significant growth opportunity in China and maintains a positive midterm outlook.