General Motors

Nordson Corporation Elects Annette Clayton to its Board of Directors

Retrieved on: 
Tuesday, February 20, 2024

Nordson Corporation (NASDAQ: NDSN) today announced the election of Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, to its board of directors, effective April 1, 2024.

Key Points: 
  • Nordson Corporation (NASDAQ: NDSN) today announced the election of Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, to its board of directors, effective April 1, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240219537413/en/
    “We are pleased to welcome Annette to the Company’s board of directors,” said Michael J. Merriman, chair of Nordson’s board of directors.
  • In addition, she sits on the National Electrical Manufacturers Association board and chaired it for two consecutive terms (2021-2022), and she is on the board of directors for the National Association of Manufacturers.
  • She will serve on the board’s audit committee immediately upon joining the Board on April 1, 2024.

NPS Completes $17.5M Series B Funding for Software-Defined Radar Led by Cota Capital with Key Strategic Investment from GM Ventures and RTX Ventures

Retrieved on: 
Thursday, March 7, 2024

The round is led by Cota Capital with contributions from GM Ventures , the venture capital arm of General Motors Co. (NYSE: GM), and RTX Ventures , the venture capital arm of RTX (NYSE: RTX).

Key Points: 
  • The round is led by Cota Capital with contributions from GM Ventures , the venture capital arm of General Motors Co. (NYSE: GM), and RTX Ventures , the venture capital arm of RTX (NYSE: RTX).
  • This collaboration marks a transformative step in enhancing roadway safety (benefiting pedestrians, drivers and all other traffic participants) and defense radar systems.
  • NPS will use the investment to further develop and apply its award-winning Atomic Sensing Platform to automotive radar technology.
  • "To protect against tomorrow's threats, RTX Ventures looks to invest in companies working to solve the most complex challenges today and the NPS automotive radar technology does just that."

GM Defense Completes United Arab Emirates Armed Forces Summer Trials

Retrieved on: 
Wednesday, March 6, 2024

WASHINGTON, March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), announced its Infantry Squad Vehicle (ISV) completed the 2023 UAE Armed Forces Summer Trials hosted by the United Arab Emirates (UAE) General Maintenance Corps. Held over several days, Summer Trials evaluates whether vehicles can meet the technical and tactical needs of UAE Armed Forces and other regional countries. The UAE continues its evaluation post-vehicle exercise to officially recognize completion status. The ISV received certification of completion stating the vehicle successfully passed Summer Trials following both phases of evaluation.  

Key Points: 
  • WASHINGTON, March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), announced its Infantry Squad Vehicle (ISV) completed the 2023 UAE Armed Forces Summer Trials hosted by the United Arab Emirates (UAE) General Maintenance Corps.
  • Held over several days, Summer Trials evaluates whether vehicles can meet the technical and tactical needs of UAE Armed Forces and other regional countries.
  • The ISV received certification of completion stating the vehicle successfully passed Summer Trials following both phases of evaluation.
  • For the latest GM Defense news, please visit www.GMDefenseLLC.com and follow GM Defense on LinkedIn .

GM Defense Completes United Arab Emirates Armed Forces Summer Trials

Retrieved on: 
Wednesday, March 6, 2024

WASHINGTON, March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), announced its Infantry Squad Vehicle (ISV) completed the 2023 UAE Armed Forces Summer Trials hosted by the United Arab Emirates (UAE) General Maintenance Corps. Held over several days, Summer Trials evaluates whether vehicles can meet the technical and tactical needs of UAE Armed Forces and other regional countries. The UAE continues its evaluation post-vehicle exercise to officially recognize completion status. The ISV received certification of completion stating the vehicle successfully passed Summer Trials following both phases of evaluation.  

Key Points: 
  • WASHINGTON, March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), announced its Infantry Squad Vehicle (ISV) completed the 2023 UAE Armed Forces Summer Trials hosted by the United Arab Emirates (UAE) General Maintenance Corps.
  • Held over several days, Summer Trials evaluates whether vehicles can meet the technical and tactical needs of UAE Armed Forces and other regional countries.
  • The ISV received certification of completion stating the vehicle successfully passed Summer Trials following both phases of evaluation.
  • For the latest GM Defense news, please visit www.GMDefenseLLC.com and follow GM Defense on LinkedIn .

Innovative Visionary Mark W. Womack Strengthens Bridgewest Perth Pharma Pty Ltd Board, Amplifying NovaCina's Growth Vision

Retrieved on: 
Wednesday, March 6, 2024

MIAMI and PERTH, Australia, March 6, 2024 /PRNewswire/ -- Bridgewest Perth Pharma, a global pharmaceutical supply and manufacturing company, with subsidiaries NovaCina and LumaCina, announced today the appointment of Mark W. Womack as a Director of the Board.

Key Points: 
  • "We are thrilled to have Mark join the Board, as a Director of the Company," said Dr. Masood Tayebi, Co-Founder and Chief Executive Officer of Bridgewest Group.
  • Mark currently serves as CEO of BioCina, a Bridgewest Group funded CDMO providing end-to-end biologics solutions for microbial, pDNA and mRNA modalities globally.
  • As CEO and Managing Director of Stelis Biopharma, Mark ushered efforts to build and qualify a state-of-the-art vaccine facility in record time.
  • I'm inspired by the vision we share and excited about the journey we will travel to realize it," said Mark W. Womack.

Innovative Visionary Mark W. Womack Strengthens Bridgewest Perth Pharma Pty Ltd Board, Amplifying NovaCina's Growth Vision

Retrieved on: 
Tuesday, March 5, 2024

MIAMI and PERTH, Australia, March 5, 2024 /PRNewswire/ -- Bridgewest Perth Pharma, a global pharmaceutical supply and manufacturing company, with subsidiaries NovaCina and LumaCina, announced today the appointment of Mark W. Womack as a Director of the Board.

Key Points: 
  • "We are thrilled to have Mark join the Board, as a Director of the Company," said Dr. Masood Tayebi, Co-Founder and Chief Executive Officer of Bridgewest Group.
  • Mark currently serves as CEO of BioCina, a Bridgewest Group funded CDMO providing end-to-end biologics solutions for microbial, pDNA and mRNA modalities globally.
  • As CEO and Managing Director of Stelis Biopharma, Mark ushered efforts to build and qualify a state-of-the-art vaccine facility in record time.
  • I'm inspired by the vision we share and excited about the journey we will travel to realize it," said Mark W. Womack.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

Retrieved on: 
Monday, March 4, 2024

PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO).

Key Points: 
  • PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand , today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO).
  • Attracting someone of his caliber is a testament to the exciting journey Nikola is on," said President and CEO, Stephen Girsky.
  • "Tom's depth of financial expertise, cultivated over four decades, will play a crucial role as we expand our supply base and profitably scale our business.
  • Scaling the zero-emissions technology at Nikola is something I want to be a part of," said Okray.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.