General Motors

Cyber Defense Group Welcomes Former USC CISO Gus Anagnos as COO to Spearhead Hypergrowth Strategy

Retrieved on: 
Wednesday, March 6, 2024
Software, Networks, Internet, Data Management, Small Business, Professional Services, Technology, Security, CDG, PayPal, General Motors, University, Risk management, MBA, CISO, Organization, SME, USC, California State University, Knowledge

Cyber Defense Group (CDG) , a leader in bespoke cybersecurity solutions for small and medium-sized enterprises (SMEs), today announced the appointment of Gus Anagnos as its new chief operating officer (COO).

Key Points: 
  • Cyber Defense Group (CDG) , a leader in bespoke cybersecurity solutions for small and medium-sized enterprises (SMEs), today announced the appointment of Gus Anagnos as its new chief operating officer (COO).
  • In his new role, Anagnos is tasked with driving CDG’s corporate strategy, optimizing delivery operations, and enhancing account management and customer success.
  • He will lead the charge on strategic decision making, business development, and innovation in cybersecurity service delivery.
  • Gus’ vision for growth aligns perfectly with our goals, and we are thrilled to have him on board.”

Cadence to Acquire BETA CAE, Expanding into Structural Analysis

Retrieved on: 
Tuesday, March 5, 2024
Technology, Engineering, Other Technology, Automotive Manufacturing, Aerospace, Manufacturing, Software, Electronic Design Automation, Artificial Intelligence, CDNS, ANSA, Acquisition, General Motors, International, Name, CAE, CFD, EM, Cadence Design Systems, BETA, Share repurchase, Growth, Electronics, TAM, Stellantis, Car, Lockheed Martin, Volvo

The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.

Key Points: 
  • The addition of BETA CAE’s proven technologies and talent will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis portfolio and enabling entry into the structural analysis segment, unlocking a multi-billion-dollar incremental TAM opportunity.
  • Over the past few years, Cadence has expanded its system analysis portfolio to build out a comprehensive multiphysics platform including electromagnetics (EM), electrothermal (ET) and computational fluid dynamics (CFD) solutions, and with BETA CAE, Cadence will enter structural analysis, the largest system analysis segment.
  • Additionally, BETA CAE’s EPILYSIS and FATIQ solvers enable customers to efficiently solve structural analysis and optimization problems.
  • BETA CAE has annual revenue of about $90 million, and Cadence expects BETA CAE to contribute approximately $40 million to 2024 revenue.

Impact Podcast with John Shegerian Announces March’s All-Star Guest Lineup of Sustainability Innovators

Retrieved on: 
Thursday, February 29, 2024
TV and Radio, Podcast, Technology, Professional Services, General Entertainment, Entertainment, Environmental, Social and Governance (ESG), Other Technology, Environment, Hardware, Sustainability, Clorox, Procter, General Motors, Virginity, Albertsons, T-Mobile, Whole Foods Market, Panasonic, LexisNexis, Gensler, UPS, General Mills, PwC, Salesforce, McKinsey & Company, ITT, Electronics, Johnson & Johnson, HP, Gap Inc., Wells Fargo, The Home Depot, Ford, EBay, ESPN, Procter & Gamble, Colgate-Palmolive, FedEx, Professional corporation, Amazon Music, Google Podcasts, The Hershey Company, ESG, JetBlue, Molson Coors, Hertz, BMW, Webby Awards, Accenture, Verizon Communications, Tractor Supply Company, Adobe, Comerica, Merck, Intel, Best Buy, ERI, Kraft Heinz, Dell, IBM, Visa, Texas Instruments, Entrepreneurship, AT&T, KPMG, Music

Impact Podcast with John Shegerian has announced its roster of guests for March, featuring a who’s who of circularity, ESG, sustainability and corporate responsibility all-stars from many of the world’s leading brands.

Key Points: 
  • Impact Podcast with John Shegerian has announced its roster of guests for March, featuring a who’s who of circularity, ESG, sustainability and corporate responsibility all-stars from many of the world’s leading brands.
  • The Webby Award honored show is hosted by John Shegerian, Co-Founder, Chairman and CEO of ERI , the nation’s leading fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company.
  • Impact Podcast guests are invited to share with listeners first-hand accounts of how they are able to help make the world a better place on a daily basis.
  • “Our Impact Podcast roster of experts features leaders who work every day to help make our world a better place.

NMG Is Gearing up for Its Phase 2 Commercial Operations in Bécancour – Innovative Workforce Training Program Established and Relationships Forged With Contractors and Suppliers

Retrieved on: 
Monday, February 26, 2024
Natural Resources, Batteries, Environment, Technology, Green Technology, Education, Mining, Minerals, Training, Lithium, Saint-Michel-des-Saints, Engineering, NMG, General Motors, Student, Running, Multimedia, NOU, Nemaska Lithium, GM, ESG, Panasonic, TYO, DVS, Ford, Ville, Heart, FID, Workforce, Employment, Pressure, Partnership, Renewable energy

To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.

Key Points: 
  • To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement.
  • View the full release here: https://www.businesswire.com/news/home/20240226491128/en/
    Panasonic Energy and NMG leaders celebrate the new chapter in their collaboration.
  • Launched in 2021, this DVS supports NMG’s training and recruitment efforts for the Phase-1 operations at the Matawinie Mine.
  • The Bécancour Battery Materials Plant is expected to supply the North American market with approximately 43,000 tonnes of active anode material per year.

indie Semiconductor Achieves Record Fourth Quarter and 2023 Results

Retrieved on: 
Thursday, February 22, 2024
Software, Technology, Semiconductor, Toyota, General Motors, Telephone, Original equipment manufacturer, Use, Conference, Vision, BMW, GAAP, Morgan Stanley, Ford, Finance, Radar, Artificial intelligence, Internet, Video game

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end results for the period ended December 31, 2023.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced fourth quarter and year end results for the period ended December 31, 2023.
  • Fourth quarter revenue was up 112 percent from the same period a year ago and 16 percent sequentially to a record $70.1 million, within the Company’s prior guidance range.
  • On a GAAP basis, fourth quarter 2023 operating loss was $20.6 million compared to $29.0 million a year ago.
  • Non-GAAP operating loss for the fourth quarter of 2023 was $2.4 million, versus $15.1 million during the same period last year, reflecting higher revenue, improving gross margin and operating expense leverage.

Nordson Corporation Elects Annette Clayton to its Board of Directors

Retrieved on: 
Tuesday, February 20, 2024
Electronic Design Automation, Packaging, Engineering, Semiconductor, Technology, Manufacturing, Other Technology, General Motors, National Association, Multimedia, NDSN, NXP Semiconductors, Duke Energy, NXPI, Corporation, Management

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
General Motors, SDR, NPS, Radar, GM, RTX, Behrouz, Partner, NHTSA, AEB, Software, Pedestrian

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
International Defence Exhibition, General Motors, International business development, Growth, GM, Defense, Conference, ISV, Infantry Squad Vehicle, GM Defense, Certification

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
International Defence Exhibition, General Motors, International business development, Growth, GM, Defense, Conference, ISV, Infantry Squad Vehicle, GM Defense, Certification

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
Acquisition, PFS, YOY, General Motors, EVP, TGA, Messenger, US FDA, Entrepreneurship, CDMO, History, Organization, Plasmid, CGMP, CBO, Travel

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.