Original equipment manufacturer

CTS Engines Secures Approval for CF6-80E1 Engine Test Cell Correlation, Sole Facility in North America Catering to Operators

Retrieved on: 
Monday, April 8, 2024

This milestone achievement underscores CTS Engines' long-term commitment to the CF6 engine line and offers operators another option to fulfill their engine requirements.

Key Points: 
  • This milestone achievement underscores CTS Engines' long-term commitment to the CF6 engine line and offers operators another option to fulfill their engine requirements.
  • View the full release here: https://www.businesswire.com/news/home/20240408369861/en/
    CTS Engines Secures Approval for CF6-80E1 Engine Test Cell Correlation (Photo: Business Wire)
    The CF6-80E1 test cell correlation was approved by the OEM using our state-of-the-art Turbine Control Structure (TCS).
  • With this approval, CTS Engines will stand as the exclusive MRO in North America providing full-scale CF6-80E1 overhaul and testing services for operators."
  • The approval of the test cell correlation for the CF6-80E1 engine reinforces CTS Engines' position as a trusted partner in the aerospace industry for mature turbofan engines.

Quectel to Showcase Latest IoT Solutions at Embedded World 2024

Retrieved on: 
Monday, April 8, 2024

Quectel Wireless Solutions, a global IoT solutions provider, is pleased to be showcasing some its industry leading IoT connectivity solutions and technologies, catering to various industries and applications at Embedded World 2024 in Nürnberg.

Key Points: 
  • Quectel Wireless Solutions, a global IoT solutions provider, is pleased to be showcasing some its industry leading IoT connectivity solutions and technologies, catering to various industries and applications at Embedded World 2024 in Nürnberg.
  • In addition, Zeljko Maric, Product Development Manager at Quectel, will be participating in a panel session centered on IoT Modem Reference Design or IoT SoC Modules Modem for Embedded Designers.
  • "We are excited to participate in Embedded World 2024 and showcase our latest innovations in IoT connectivity," said Norbert Muhrer, President and CSO, Quectel Wireless Solutions.
  • "As a leading provider of IoT modules, Quectel is dedicated to empowering businesses worldwide with reliable, secure and innovative connectivity solutions.

SimScale Announces New AI-Powered Automotive Design Features

Retrieved on: 
Tuesday, April 9, 2024

SimScale GmbH announced today newly released AI-powered real-time automotive design features.

Key Points: 
  • SimScale GmbH announced today newly released AI-powered real-time automotive design features.
  • View the full release here: https://www.businesswire.com/news/home/20240408211861/en/
    Automotive design simulation of aerodynamics in the SimScale cloud-native simulation platform.
  • Automotive companies use SimScale to design and optimize their products using a broad spectrum of analysis capabilities, including mechanical, thermal, CFD, and electromagnetics.
  • SimScale CEO David Heiny will present live at the Learning Lab on Day 2 (Wednesday) at 9:30 a.m. on Real-Time Automotive Design via a Unified Simulation, Data, and Physics AI Solution—A Case Study.

Data I/O Announces Major Milestone with 500th PSV System Sale Ahead of IPC APEX Expo

Retrieved on: 
Monday, April 8, 2024

Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, announced the Company has achieved a major milestone with the sale of the 500th PSV automated programming system.

Key Points: 
  • Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, announced the Company has achieved a major milestone with the sale of the 500th PSV automated programming system.
  • Demonstrations of the PSV family will be available in Data I/O’s booth #3107 at the upcoming IPC APEX Expo in Anaheim, California from April 9th – 11th at the Anaheim Convention Center.
  • The PSV family helps them address these challenges,” said Anthony Ambrose, President and CEO at Data I/O Corporation.
  • Customers attending the IPC APEX Expo in Anaheim, California can visit Data I/O’s booth in booth #3107 to see these live product demonstrations.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
  • Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.

Avid Solutions Marks Significant Growth in Green Hydrogen and Decarbonization, Expands as Rockwell Automation's Dedicated Delivery Partner

Retrieved on: 
Tuesday, April 9, 2024

WINSTON SALEM, N.C., April 9, 2024 /PRNewswire-PRWeb/ -- Avid Solutions, a Gold Rockwell Automation System Integrator Partner specializing in process expertise and digitally-enabled solutions, today announced significant growth in demand for the company's decarbonization and green hydrogen (H2) services. Avid Solutions, having been named the preferred delivery partner for hydrogen solutions by Rockwell Automation, has expanded its team by 35 members in the past year to meet the increasing interest for sustainable energy projects.

Key Points: 
  • Avid Solutions, selected as the preferred delivery partner for hydrogen solutions by Rockwell Automation, has recorded exceptional revenue growth and expanded its team to meet the rising demand for innovative solutions in low-carbon emissions.
  • WINSTON SALEM, N.C., April 9, 2024 /PRNewswire-PRWeb/ -- Avid Solutions , a Gold Rockwell Automation System Integrator Partner specializing in process expertise and digitally-enabled solutions, today announced significant growth in demand for the company's decarbonization and green hydrogen (H2) services.
  • Avid Solutions, having been named the preferred delivery partner for hydrogen solutions by Rockwell Automation, has expanded its team by 35 members in the past year to meet the increasing interest for sustainable energy projects.
  • Avid Solutions was also a nominee for an innovation award at the Rockwell Automation Partner Network Conference, based on their work in the hydrogen sector.

Octane Redefines Powersports Lending with the Release of Dealer Portal 2.0

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, unveiled Dealer Portal 2.0, a significantly upgraded version of its industry-leading dealer platform. Effective immediately, Octane's over 4,000 Powersports and Outdoor Power Equipment (OPE) dealer partners can deliver an even faster, easier financing experience for their customers using Dealer Portal 2.0. Innovative new features include the first-of-its-kind Leads Page, a reimagined Work-the-Deal page, and shorter, smarter credit applications through the company's in-house lender, Roadrunner Financial®, Inc.

Key Points: 
  • Effective immediately, Octane's over 4,000 Powersports and Outdoor Power Equipment (OPE) dealer partners can deliver an even faster, easier financing experience for their customers using Dealer Portal 2.0.
  • "By listening to dealers and building a product that directly addresses their feedback, Dealer Portal 2.0 debuts industry-first functionalities and delivers the best financing experience for customers."
  • Octane's current Powersports and OPE dealer partners can access Dealer Portal 2.0 now.
  • Dealers in the United States who do not currently offer financing through Roadrunner Financial can benefit from Dealer Portal 2.0 by enrolling here .

Verra Mobility Joins Connected Vehicle Systems Alliance (COVESA)

Retrieved on: 
Tuesday, April 9, 2024

MESA, Ariz., April 9, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it has joined the Connected Vehicle Systems Alliance, also known as COVESA. The organization's goal is to develop open standards and innovative technologies for connected vehicle systems and shape the future of connected vehicles and the mobility ecosystem.

Key Points: 
  • MESA, Ariz., April 9, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it has joined the Connected Vehicle Systems Alliance, also known as COVESA.
  • The organization's goal is to develop open standards and innovative technologies for connected vehicle systems and shape the future of connected vehicles and the mobility ecosystem.
  • "Connected vehicle capabilities will transform and enhance the vehicle experience for drivers and are an innovation focus for Verra Mobility and the automotive industry as a whole, including global OEMs, tier one suppliers, and other mobility technology ecosystem companies."
  • "Verra Mobility has emerged as a key player in the connected vehicle space," said Steve Crumb, Executive Director at COVESA.

Perforce's 2024 State of Automotive Software Development Report Reveals Embedded Security Is a Rising Concern as Market Transitions to Electric Vehicles

Retrieved on: 
Tuesday, April 9, 2024

MINNEAPOLIS, April 9, 2024 /PRNewswire/ -- Perforce Software, a provider of solutions for enterprise teams requiring productivity and visibility at scale within the SDLC, released the results of its annual State of Automotive Software Development survey conducted in partnership with Automotive IQ and the Eclipse Foundation. Nearly 600 automotive development professionals across the globe provided responses to current practices and emerging trends within the industry. The 2024 survey was expanded geographically to include more respondents from the Asia-Pacific region, providing a more accurate view of the current state of automotive development worldwide.

Key Points: 
  • The 2024 survey was expanded geographically to include more respondents from the Asia-Pacific region, providing a more accurate view of the current state of automotive development worldwide.
  • The survey found that automotive developers' top three leading development concerns are quality (29%), security (25%), and safety (21%).
  • With electric and connected vehicle segments becoming more established in today's market, software is even more central to automotive development.
  • Interested parties can download the full 2024 State of Automotive Software Development Report by visiting: https://www.perforce.com/resources/sca/2024-state-automotive-software-de... .

Fictiv Launches Nearshoring Solution for Production Injection Molding

Retrieved on: 
Tuesday, April 9, 2024

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Fictiv, a global manufacturing company, today announced a new hybrid injection molding solution for original equipment manufacturers (OEMs) who need the best possible tooling craftsmanship for reliable nearshore production. Through Fictiv's global manufacturing network, OEMs can seamlessly order high-quality, production-grade tools manufactured in China in as fast as 4 weeks and then transferred to Mexico. This service provides the best total cost of ownership for molding in Mexico, including expert tool packaging and transfer to Mexico from China, bringing together the best of all worlds. 

Key Points: 
  • SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Fictiv , a global manufacturing company, today announced a new hybrid injection molding solution for original equipment manufacturers (OEMs) who need the best possible tooling craftsmanship for reliable nearshore production.
  • According to research , 51% of manufacturing leaders reported in 2023 a desire to increase nearshoring as part of their global supply chain strategy.
  • "We are seeing strong demand for shorter supply chains that mitigate the risk of disruption for critical production programs," said Ernesto Chacon, General Manager of Fictiv Mexico.
  • Fictiv's new injection molding solution offers the following features and services:
    Production-grade steel tools are produced overseas as fast as 4 weeks.