Argus

Argus launches first low and zero-carbon nitrogen fertilizer assessments

Retrieved on: 
Thursday, March 21, 2024

LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.
  • The fertilizer industry is addressing the need to decarbonise, and nitrogen fertilizers are responsible for the majority of its direct and indirect emissions.
  • Argus is also publishing new calculated CAN assessments that anticipate the introduction of the EU's Carbon Border Adjustment Mechanism (CBAM) in 2026.
  • Argus Media chairman and chief executive Adrian Binks said: "We have worked with the nitrogen fertilizer industry to identify the markets where it needs increased transparency and clarity.

Next Mission to Space Station Carries Research on Vision Loss Treatments and Earth-Viewing Technology

Retrieved on: 
Wednesday, March 20, 2024

CAPE CANAVERAL, Fla., March 20, 2024 /PRNewswire/ -- The next resupply mission to the International Space Station (ISS) will carry more than 40 payloads sponsored by the ISS National Laboratory®, including in-space production applications projects, technology demonstrations, life science experiments, and student-led inquiries. These investigations, launching on SpaceX's 30th Commercial Resupply Services (CRS) mission, funded by NASA, aim to improve life on Earth through space-based research and foster a sustainable economy in low Earth orbit (LEO).

Key Points: 
  • Results from this research could lead to improved therapeutics to treat an array of conditions.
  • A collaboration between Boeing and CSIRO (an Australian government agency responsible for scientific research) will test the ability of a Multi-Resolution Scanner to create 3D maps of the space station.
  • Once ArgUS is installed, it will host multiple payloads on this mission, including SpaceTV-1, an optical video system designed to livestream high-definition views of Earth and the space station.
  • An investigation from biopharmaceutical company Oculogenex will use the space station to test a novel gene therapy to prevent and possibly even reverse vision loss from age-related macular degeneration (AMD).

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

Retrieved on: 
Thursday, March 14, 2024

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.

AVANTE CORP. ANNOUNCES FINANCIAL RESULTS FOR THE THIRD FISCAL QUARTER ENDED DECEMBER 31, 2023

Retrieved on: 
Tuesday, February 27, 2024

TORONTO-Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its third fiscal quarter ended December 31, 2023 (all amounts in Canadian dollars thousands, unless otherwise indicated).

Key Points: 
  • TORONTO-Ontario, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its third fiscal quarter ended December 31, 2023 (all amounts in Canadian dollars thousands, unless otherwise indicated).
  • Manny Mounouchos, Founder, CEO and Board Chair of Avante, commented, “Third quarter was another exceptional quarter for Avante as we increased revenue by 36% compared to the same quarter last year, and completed the acquisition of NSSG.
  • On September 28, 2023, the Company announced the launch of Avante Argus app, a mobile connectivity app for corporate clients.
  • SUMMARY FINANCIAL RESULTS FOR THE THIRD FISCAL QUARTER ENDED DECEMBER 31, 2023:
    Readers should refer to the Company’s financial statements and MD&A in respect of its third fiscal quarter ended December 31, 2023, for additional risk factors, accounting policies, detailed financial disclosures, reconciliation of non-IFRS financial measures to the most directly comparable IFRS financial measures, related party transactions, contingencies, and reporting of subsequent events since the year ended March 31, 2023.

Argus Research Initiates Equity Research Report Coverage on TH International Limited (NasdaqCM: THCH).

Retrieved on: 
Monday, February 26, 2024

NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on TH International Limited (NasdaqCM: THCH).

Key Points: 
  • NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on TH International Limited (NasdaqCM: THCH).
  • Click Here to view full Argus Equity Research Report.
  • COMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include:
    White Space for Growth: THCH has been expanding in China's Fast Growing Coffee Market since 2019.
  • INVESTMENT THESIS: Click Here to view full Argus Equity Research Report and Investment Thesis.

NGL Energy Partners LP Announces Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

Operating expense per produced barrel processed was $0.25 for the quarter ended December 31, 2023, unchanged when compared to the same quarter in the prior year.

Key Points: 
  • Operating expense per produced barrel processed was $0.25 for the quarter ended December 31, 2023, unchanged when compared to the same quarter in the prior year.
  • Operating income for the Crude Oil Logistics segment decreased $18.1 million for the quarter ended December 31, 2023, compared to the quarter ended December 31, 2022.
  • We define EBITDA as net income (loss) attributable to NGL Energy Partners LP, plus interest expense, income tax expense (benefit), and depreciation and amortization expense.
  • Forward-looking non-GAAP financial measures provided without the most directly comparable U.S. GAAP financial measures may vary materially from the corresponding U.S. GAAP financial measures.

US-Based EV Manufacturer Fisker Selects Argus as a Preferred Cyber Security Partner for Its Ocean SUV Product Line

Retrieved on: 
Wednesday, February 7, 2024

TEL AVIV, Israel, Feb. 7, 2024 /PRNewswire/ -- Argus Cyber Security, a world leader in automotive cyber security, today announced that it has delivered multiple automotive cyber security products and services to Fisker Inc. (Fisker), a pioneering EV manufacturer driven by a mission to create the world's most emotional and sustainable electric vehicles. In particular, the Argus CAN IDPS product has enabled Fisker to achieve type approval certification for its revolutionary Fisker Ocean all-electric SUV product line.

Key Points: 
  • TEL AVIV, Israel, Feb. 7, 2024 /PRNewswire/ -- Argus Cyber Security , a world leader in automotive cyber security, today announced that it has delivered multiple automotive cyber security products and services to Fisker Inc .
  • (Fisker), a pioneering EV manufacturer driven by a mission to create the world's most emotional and sustainable electric vehicles.
  • In particular, the Argus CAN IDPS product has enabled Fisker to achieve type approval certification for its revolutionary Fisker Ocean all-electric SUV product line.
  • Argus is the first automotive-focused security vendor to be certified by Amazon as an authorized security lab for Alexa auto integration

Accrete Recognized in Gartner "Emerging Tech Impact Radar: Conversational Artificial Intelligence" Research Report

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Accrete AI, a leading dual-use enterprise AI software company, today announced that Accrete has been named a Sample Provider in the recently published Gartner report Emerging Tech Impact Radar: Conversational Artificial Intelligence. The report describes DI as: "a practical discipline used to improve decision making by explicitly understanding and engineering how decisions are made and outcomes are evaluated, managed and improved via feedback."

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- Accrete AI , a leading dual-use enterprise AI software company, today announced that Accrete has been named a Sample Provider in the recently published Gartner report Emerging Tech Impact Radar: Conversational Artificial Intelligence .
  • "We're pleased to have been included in the Gartner report in the Decision Intelligence category," said Prashant Bhuyan, Founder & CEO, Accrete AI.
  • Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact.
  • Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Redwire Selected as Strategic Supplier for Blue Origin’s Trailblazing Blue Ring Space Mobility Platform

Retrieved on: 
Monday, January 22, 2024

“Redwire is proud to be a key mission enabler for the innovative Blue Ring platform,” said Redwire Chief Growth Officer Mike Gold.

Key Points: 
  • “Redwire is proud to be a key mission enabler for the innovative Blue Ring platform,” said Redwire Chief Growth Officer Mike Gold.
  • “The breadth of capabilities Redwire is providing for Blue Ring leverages decades of spaceflight heritage and a steadfast commitment to innovation and reliability.”
    The ROSA wings being produced for Blue Ring will power the platform for a variety of missions focused on in-space logistics and delivery in medium-Earth orbit and beyond.
  • ROSA’s high stowed volume efficiency, configuration flexibility, and heritage provide a unique solution for the Blue Ring architecture.
  • Redwire’s reconfigurable LVDU systems have been developed to modulate and distribute power to the Blue Ring mission’s various payloads and spacecraft.

Tecumseh Introduces New A2L, R290, and DC-Powered Refrigeration Technologies at AHR Expo 2024

Retrieved on: 
Tuesday, January 16, 2024

ANN ARBOR, Mich., Jan. 16, 2024 /PRNewswire-PRWeb/ -- Tecumseh Products Company LLC, a global leader and innovator of commercial refrigeration technologies, will showcase its latest compressor and systems offering at McCormick Place (booth #S6720) during the upcoming AHR Expo 2024 in Chicago. Tecumseh's new products are optimized for low-GWP refrigerants in commercial refrigeration, heat pump climate control, and EV & transport refrigeration applications. Some highlights include A2L-ready rotary compressors for heat pumps, 12HP Argus condensing unit with paired CRIOS unit coolers, VDC eCompressors for electronics and mobile transport cooling and refrigeration. The year 2024 marks Tecumseh's 90th year anniversary since it was originally founded in 1934. Tecumseh will kick-off a series of its global anniversary celebrations during AHR Expo.

Key Points: 
  • Tecumseh's new products are optimized for low-GWP refrigerants in commercial refrigeration, heat pump climate control, and EV & transport refrigeration applications.
  • Tecumseh will kick-off a series of its global anniversary celebrations during AHR Expo.
  • At AHR Expo, Tecumseh will display rotary compressors which are optimized for hot water heat pump applications with A2L refrigerants.
  • Tecumseh will launch a series of celebrations in 2024 commencing at the AHR Expo, as they commemorate their historic 90th-year anniversary.