MOU

Conflux Network and RAK DAO Digital Assets Oasis Forge Strategic Partnership, Pioneering a New Era in Blockchain Innovation and Digital Asset Development Across the Middle East

Retrieved on: 
Thursday, February 15, 2024

Ras Al Khaimah, UAE, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Conflux Network, a trailblazer in blockchain innovation, has sealed a momentous agreement with RAK Digital Assets Oasis (RAK DAO), an avant-garde initiative spearheaded by the Government of Ras Al Khaimah, to propel forward the realms of blockchain and digital asset development. This landmark collaboration signifies a significant leap forward for the blockchain industry, particularly within the Middle East region.

Key Points: 
  • This landmark collaboration signifies a significant leap forward for the blockchain industry, particularly within the Middle East region.
  • 2 of 2023 in Ras Al Khaimah, UAE, and Conflux Network, a leading developer of Layer 1 blockchain networks, have inked a strategic Memorandum of Understanding (MOU) aimed at redefining the landscape of blockchain and digital assets.
  • Strategic Support and Development: RAK DAO will extend support to Conflux in establishing a robust presence in the UAE and wider Middle East, while Conflux will tailor blockchain solutions to meet the specific needs of digital and virtual asset companies within RAK DAO.
  • Support and Grants: Conflux will offer support to startups and projects within RAK DAO, develop tailored blockchain solutions, and facilitate the entry of RAK DAO enterprises into Asian markets.

EnerSys Selects Greenville, South Carolina to Advance its Lithium Battery Production in the United States

Retrieved on: 
Wednesday, February 14, 2024

EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced that it has selected Greenville, South Carolina to develop a lithium-ion cell gigafactory to advance battery production in the United States.

Key Points: 
  • EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced that it has selected Greenville, South Carolina to develop a lithium-ion cell gigafactory to advance battery production in the United States.
  • EnerSys has applied for a comprehensive incentive package through South Carolina and Greenville County valued at approximately $200 million, which includes a combination of short-term and long-term incentives.
  • “Congratulations to EnerSys and Greenville County on a partnership that brings new opportunities to South Carolina.
  • “We are pleased that EnerSys chose South Carolina to increase its statewide presence and host such a large operation.

IonQ and South Korea’s Sungkyunkwan University Renew International Quantum Alliance

Retrieved on: 
Tuesday, February 13, 2024

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the renewal of its alliance with South Korea’s Sungkyunkwan University (SKKU) to provide researchers and academics with continued access to IonQ’s trapped-ion quantum systems.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the renewal of its alliance with South Korea’s Sungkyunkwan University (SKKU) to provide researchers and academics with continued access to IonQ’s trapped-ion quantum systems.
  • Accessible through SKKU’s Q Center , users across South Korea have benefited from hands-on training and mentorship provided by IonQ as they engineer and run novel quantum applications.
  • Today’s announcement reflects the two parties’ shared interest in establishing South Korea as an international hub for quantum computing.
  • To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get- ready .

Prenetics Announces MOU for a Strategic Investment and 5-Year Research Collaboration with Metavisionaries to Pioneer R&D on the International Space Station

Retrieved on: 
Friday, February 9, 2024

DUBAI, United Arab Emirates, Feb. 09, 2024 (GLOBE NEWSWIRE) -- UAE Space Agency – Prenetics Global Limited (NASDAQ:PRE), a leading genomics-driven health sciences company, announces the signing of a Memorandum of Understanding (MOU), that paves the way for a strategic investment in Metavisionaries and a pioneering five-year research agreement with them and their partners Space Application Services through their Metaspace Venture. The parties will also establish a Space Innovation Lab within the UAE Space Agency. The inaugural Prenetics research cube is scheduled to on-board the SpaceX to the ISS in Q4 of 2024.

Key Points: 
  • The parties will also establish a Space Innovation Lab within the UAE Space Agency.
  • The inaugural Prenetics research cube is scheduled to on-board the SpaceX to the ISS in Q4 of 2024.
  • Concurrently, Danny Yeung, CEO of Prenetics will join the Board of Directors at Metavisionaries, fortifying its strategic vision.
  • I’m excited to contribute to Prenetics' mission and to translate space research into health innovations on Earth,” said Dr. James L. Green.

Verizon and Vonage announce collaboration to bring advanced 5G network APIs to developers

Retrieved on: 
Thursday, February 8, 2024

The collaboration will build on existing APIs to innovate on next generation, advanced APIs that will drive the global industry forward towards easy, ubiquitous access to cutting-edge network capabilities.

Key Points: 
  • The collaboration will build on existing APIs to innovate on next generation, advanced APIs that will drive the global industry forward towards easy, ubiquitous access to cutting-edge network capabilities.
  • This is essential to unleash the full potential of the 5G network, speed digital transformation within enterprises and create incremental monetization of network assets.
  • Verizon operates the most reliable 5G network with advanced capabilities deployed from the core to the edge.
  • With Ericsson’s network leadership, this platform will be extended to enable developers to build advanced secure, reliable and innovative applications by exposing 5G capabilities as APIs.

Infleqtion Unveils 5-year Quantum Computing Roadmap, Advancing Plans to Commercialize Quantum at Scale

Retrieved on: 
Thursday, February 8, 2024

Taking center stage in the company’s roadmap is Sqorpius, the next phase of Infleqtion’s quantum computing program.

Key Points: 
  • Taking center stage in the company’s roadmap is Sqorpius, the next phase of Infleqtion’s quantum computing program.
  • Coupled with our manufacturing investments, our technology platform uniquely positions us to commercialize quantum at scale.”
    Infleqtion today announced the next phase of its quantum computing program: Sqorpius.
  • Alongside the announcement of Sqorpius, Infleqtion revealed significant milestones in gate fidelity, qubit array scaling, and development of its quantum error-correction system.
  • Infleqtion has been selected to develop and deliver a quantum computing testbed for the National Quantum Computing Centre (NQCC) in the United Kingdom.

Voyager Space and Palantir Join Forces to Advance National Security Capabilities in Commercial Space

Retrieved on: 
Thursday, February 8, 2024

DENVER, Feb. 8, 2024 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, is pleased to announce the signing of a Memorandum of Understanding (MOU) and teaming agreement with Palantir USG, Inc. (Palantir), focused on exploring and enhancing national security capabilities in the commercial space domain.

Key Points: 
  • DENVER, Feb. 8, 2024 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, is pleased to announce the signing of a Memorandum of Understanding (MOU) and teaming agreement with Palantir USG, Inc. (Palantir), focused on exploring and enhancing national security capabilities in the commercial space domain.
  • Palantir provides adaptable software solutions and architectures to ensure the resilience, effectiveness, and availability of U.S. defense and space capabilities.
  • The collaboration between Voyager and Palantir will center around the joint exploration of cutting-edge Artificial Intelligence (AI) and Machine Learning (ML) capabilities, aimed towards technology demonstration missions on the International Space Station and the future Starlab commercial space station.
  • "This strategic collaboration signifies a major milestone in harnessing the combined expertise of Voyager and Palantir to elevate space domain security," said Marshall Smith, CTO of Voyager.

BeyonCa Founder Soh Urges Creation of New Automotive Ecosystem Amid Fragmentation of Supply Chain and AI-driven Transformation

Retrieved on: 
Thursday, February 8, 2024

"However, the disruption of the traditional supply chain caused by deglobalization, accelerated by the COVID-19 pandemic, is a reality we must confront."

Key Points: 
  • "However, the disruption of the traditional supply chain caused by deglobalization, accelerated by the COVID-19 pandemic, is a reality we must confront."
  • "This inevitability heralds the emergence of a new industrial ecosystem characterized by collaborative R&D, co-IP, closed-loop data, and more."
  • He argued that a perfected supply chain is the greatest advantage of China's automotive industry.
  • Going global is no longer just about exporting complete vehicles; more importantly, it involves venturing abroad with supply chain partners to establish an ecosystem in local markets.

Fujitsu and Chunghwa Telecom cooperate on development of All-Photonics Network based on IOWN initiative to break new ground

Retrieved on: 
Wednesday, February 7, 2024

Chunghwa Telecom is the largest telecommunications carrier in Taiwan and is working with other companies globally to address sustainability issues in the network sector.

Key Points: 
  • Chunghwa Telecom is the largest telecommunications carrier in Taiwan and is working with other companies globally to address sustainability issues in the network sector.
  • In March 2020, Chunghwa Telecom and Fujitsu joined the IOWN Global Forum, which aims to realize a network environment with high capacity, low latency, and low power consumption.
  • Fujitsu and Chunghwa Telecom have agreed to collaborate on the introduction of this technology in Taiwan drawing on Fujitsu's expertise in the APN technology.
  • [2]IOWN initiative :An abbreviation for the Innovative Optical and Wireless Network (IOWN) initiative.

Indonesia Compact Construction Equipment Market Assessment & Forecast Report 2023-2029 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 7, 2024

The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The compact excavator accounted for the largest market share of the Indonesia compact construction equipment market in 2022.
  • The increasing government focus on carbon emission reduction in 2021 further supported the demand for electric construction equipment in the Indonesia compact construction equipment market.
  • In 2021, Volvo Construction Equipment launched EC55D compact excavators in the Indonesia compact construction equipment industry for innovative city projects.