Cryogenics

Steam Trap Market worth $4.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 30, 2023

Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.

Key Points: 
  • Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.
  • The mechanical steam trap segment is expected to account for the largest size of the steam trap industry throughout the forecast period.
  • Steam trap market for tracing applications is expected to grow faster during the forecast period.
  • The steam trap market for tracing applications is expected to grow faster during the forecast period.

Steam Trap Market worth $4.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 30, 2023

Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.

Key Points: 
  • Mechanical steam trap segment to hold the largest size of the steam trap market during the forecast period.
  • The mechanical steam trap segment is expected to account for the largest size of the steam trap industry throughout the forecast period.
  • Steam trap market for tracing applications is expected to grow faster during the forecast period.
  • The steam trap market for tracing applications is expected to grow faster during the forecast period.

VTT is developing a purely electrical cooling method that will enable a significant reduction in the size of quantum computers

Retrieved on: 
Wednesday, August 30, 2023

The method has a wide range of application fields: one topical example is quantum technology.

Key Points: 
  • The method has a wide range of application fields: one topical example is quantum technology.
  • Many electronic, photonic and quantum technology components require cryogenics, as they only operate at very low temperatures.
  • For example, a quantum computer built from superconducting circuits has to be cooled near to the absolute zero (-273.15°C).
  • VTT's electronic method can replace and complement existing solutions and thus reduce the size of the refrigerators.

CEO of B Continuity Solutions Wins Two 2023 Business Worldwide Magazine CEO Awards

Retrieved on: 
Tuesday, July 11, 2023

LONDON, July 11, 2023 /PRNewswire/ -- David Balleste, CEO of B Continuity Solutions, has been named 'Industrial Engineering CEO of the Year - Europe' and 'Best CEO in the Cryogenic Equipment Industry' in the 2023 Business Worldwide Magazine CEO Awards.

Key Points: 
  • LONDON, July 11, 2023 /PRNewswire/ -- David Balleste, CEO of B Continuity Solutions, has been named 'Industrial Engineering CEO of the Year - Europe' and 'Best CEO in the Cryogenic Equipment Industry' in the 2023 Business Worldwide Magazine CEO Awards.
  • In today's fast paced world, business continuity management is an integrated discipline which requires a multi-faceted approach to identifying and implementing bespoke scalable solutions.
  • B Continuity Solutions supports clients in maintaining installations, minimising disruption, and continuing "business as usual".
  • B Continuity Solutions is currently working on projects across southern Europe (Spain, Portugal, Italy, and Andorra) but aims to expand its services to other countries in the near future.

CEO of B Continuity Solutions Wins Two 2023 Business Worldwide Magazine CEO Awards

Retrieved on: 
Tuesday, July 11, 2023

LONDON, July 11, 2023 /PRNewswire/ -- David Balleste, CEO of B Continuity Solutions, has been named 'Industrial Engineering CEO of the Year - Europe' and 'Best CEO in the Cryogenic Equipment Industry' in the 2023 Business Worldwide Magazine CEO Awards.

Key Points: 
  • LONDON, July 11, 2023 /PRNewswire/ -- David Balleste, CEO of B Continuity Solutions, has been named 'Industrial Engineering CEO of the Year - Europe' and 'Best CEO in the Cryogenic Equipment Industry' in the 2023 Business Worldwide Magazine CEO Awards.
  • In today's fast paced world, business continuity management is an integrated discipline which requires a multi-faceted approach to identifying and implementing bespoke scalable solutions.
  • B Continuity Solutions supports clients in maintaining installations, minimising disruption, and continuing "business as usual".
  • B Continuity Solutions is currently working on projects across southern Europe (Spain, Portugal, Italy, and Andorra) but aims to expand its services to other countries in the near future.

Chart Industries, Inc. and Crane Company Successfully Test a New Liquid Hydrogen Valve

Retrieved on: 
Wednesday, May 10, 2023

ATLANTA, May 10, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”, NYSE: GTLS) and Crane Company (“Crane”, NYSE:CR) have successfully tested a new cryogenic valve designed and built by Crane for liquid hydrogen applications.

Key Points: 
  • ATLANTA, May 10, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”, NYSE: GTLS) and Crane Company (“Crane”, NYSE:CR) have successfully tested a new cryogenic valve designed and built by Crane for liquid hydrogen applications.
  • Liquid hydrogen is over 100 degrees Fahrenheit colder than liquid nitrogen, and significantly colder than the temperature limit of most cryogenic valves.
  • Notably, CRYOFLO is the first valve Chart has successfully completed a liquid hydrogen endurance test in a high-cycle application.
  • Testing included installing Crane’s valve in a validation system provided by Chart that flowed liquid hydrogen through the valve at varying operating temperatures and pressures.

Success Achieved in "Next-Generation Oilless Cryogenic ORC Turbine Generator" Operation by Liquid Nitrogen

Retrieved on: 
Tuesday, February 28, 2023

The innovative generator adapts the turbine generator featuring a hermetically sealed oilless structure, of the kind used in ORC generation, to cryogenic power generation(1).

Key Points: 
  • The innovative generator adapts the turbine generator featuring a hermetically sealed oilless structure, of the kind used in ORC generation, to cryogenic power generation(1).
  • The testing demonstrated that with use of liquid nitrogen as the cryogenic energy source it is possible to secure a stable refrigerant cycle and the specified regeneration output without freezing-induced clogging, etc.
  • even under conditions more severe than the low temperatures of conventional LNG (liquefied natural gas) cryogenic generation.
  • The new ORC turbine generator, developed in-house applying MHI Group's comprehensive turbine and cryo-temperature technologies, adopts oilless magnetic bearings and a hermetically sealed structure that prevents refrigerant leakage outside the system.

IceCure Receives Notice of Patent Allowance in Japan for a Novel Cryogenic Pump for its Next-Generation Cryoablation Systems

Retrieved on: 
Wednesday, January 18, 2023

(NASDAQ: ICCM) (TASE: ICCM) ("IceCure" or the "Company"), developer of minimally-invasive cryoablation technology, the ProSense® System that destroys tumors by freezing, today announced it has received a Notice of Allowance from the Japan Patent Office (the "JPO") for IceCure's patent application titled "Cryogen Pump".

Key Points: 
  • (NASDAQ: ICCM) (TASE: ICCM) ("IceCure" or the "Company"), developer of minimally-invasive cryoablation technology, the ProSense® System that destroys tumors by freezing, today announced it has received a Notice of Allowance from the Japan Patent Office (the "JPO") for IceCure's patent application titled "Cryogen Pump".
  • Moreover, this pump enables temperature control of the cryoprobe, as well as the use of a wider range of cryoprobes and catheters.
  • "With this Notice of Allowance from the JPO, IceCure continues to build upon its leadership position in cryoablation procedures worldwide.
  • "This additional IP in Japan supports our distribution agreement with Terumo for our cryoablation systems in Japan."

AutoGrid Expands Management Team, Appoints Chief Revenue Officer, Chief Operating Officer and Adds Key Management Roles

Retrieved on: 
Wednesday, December 7, 2022

REDWOOD CITY, Calif., Dec. 7, 2022 /PRNewswire/ -- Industry-leading virtual power plant (VPP) provider AutoGrid Systems Inc., today announced the appointment of the company's first Chief Revenue Officer, Scott McGaraghan; Chief Operating Officer, Rahul Kar; Senior Vice President of Corporate Strategy and Development, Tad Piper; and an expanded management team. McGaraghan leads all of AutoGrid's revenue-intensive functions, including sales, marketing and industry solutions. Kar, an eight-year veteran at the company, will now head up AutoGrid's product, engineering and customer delivery teams. Piper leads overall corporate strategy and new strategic partnerships to accelerate growth at AutoGrid.

Key Points: 
  • Kar, an eight-year veteran at the company, will now head up AutoGrid's product, engineering and customer delivery teams.
  • Piper leads overall corporate strategy and new strategic partnerships to accelerate growth at AutoGrid.
  • As CRO, McGaraghan brings more than 25 years of experience in the cleantech space, and specifically in demand response and VPPs.
  • "Technology innovation is in our DNA at AutoGrid, and I'm excited to take our solutions to the next level," said Kar.