MOU

Surf Air Mobility Reports Financial Results for Fourth Quarter and Full Year Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024

Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its fourth quarter and full year results.

Key Points: 
  • Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported its fourth quarter and full year results.
  • Please visit the Surf Air Mobility investor relations website at investors.surfair.com for more information and to listen to the accompanying earnings call at 5:00 pm eastern time.
  • Pro forma revenue of $27.4 million for fourth quarter 2023, compared to $27.7 million for the same period of the prior year.
  • Surf Air Mobility will provide full-year 2024 guidance at its Investor Day to be held on June 7, 2024, at the New York Stock Exchange.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

OriginClear’s Modular Water Systems and Enviromaintenance Partner for Water On Demand Pilot Program

Retrieved on: 
Tuesday, March 26, 2024

(OTC Other: OCLN ), the Clean Water Innovation Hub™, announced the signing of a Memorandum of Understanding (MOU) between Modular Water Systems (MWS) and Enviromaintenance of Georgetown, TX to collaborate on sales of standardized systems in the Greater Central Texas Region, from Waco to San Antonio.

Key Points: 
  • (OTC Other: OCLN ), the Clean Water Innovation Hub™, announced the signing of a Memorandum of Understanding (MOU) between Modular Water Systems (MWS) and Enviromaintenance of Georgetown, TX to collaborate on sales of standardized systems in the Greater Central Texas Region, from Waco to San Antonio.
  • The company plans to recommend Modular Water System’s fully integrated, modular wastewater treatment systems to MHPs, thereby providing mobile home park owners an affordable, reliable and efficient way to treat their wastewater.
  • The company plans to recommend MWS’s fully integrated, modular wastewater treatment systems to MHPs, thereby providing mobile home park owners an affordable, reliable and efficient way to treat their wastewater.
  • MWS, a division of OriginClear subsidiary Water On Demand™, manufactures a series of robust and durable wastewater treatment systems and has commercialized highly-standardized systems for MHPs, incorporating either IFAS (Integrated Film Activated Sludge) or MBR (Membrane Bio Reactor) treatment capabilities.

Amogy and W-Industries Unite Forces to Advance Next-Generation Engineering Solutions

Retrieved on: 
Thursday, March 21, 2024

Amogy , a provider of mature, scalable and efficient ammonia-to-power solutions, announced today the signing of a Memorandum of Understanding (MOU) with W-Industries , a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.

Key Points: 
  • Amogy , a provider of mature, scalable and efficient ammonia-to-power solutions, announced today the signing of a Memorandum of Understanding (MOU) with W-Industries , a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.
  • This technology offers a sustainable, clean energy solution tailored for industries such as maritime shipping and power generation.
  • Together, Amogy and W-Industries will explore opportunities for efficiently scaling the design and fabrication of modularized and containerized variants of Amogy’s products.
  • “Our partnership with Amogy represents a significant step in W-Industries’ history and our drive towards supporting sustainable energy solutions,” says Michael Bain, SVP at W-Industries.

Prodigy Clean Energy and Des Nëdhé Group Exploring Microreactor Transportable Nuclear Power Plants (TNPPs) for Remote Applications

Retrieved on: 
Tuesday, March 19, 2024

Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).

Key Points: 
  • Today, in a major step toward Indigenous Economic Reconciliation, Prodigy Clean Energy and Des Nëdhé Group announce a Memorandum of Understanding to develop opportunities to power remote mines and communities in Canada utilizing Prodigy microreactor Transportable Nuclear Power Plants (TNPPs).
  • View the full release here: https://www.businesswire.com/news/home/20240319500038/en/
    Conceptual illustration of Prodigy’s Microreactor Power Station™ TNPP.
  • Prodigy is collaborating with Westinghouse to develop a TNPP outfitted with the Westinghouse eVinci™ microreactor, that would be suitable for these applications.
  • “Prodigy’s microreactor TNPP offers a near-term solution to transition remote locations off of diesel,” said Mathias Trojer, President and CEO, Prodigy Clean Energy.

Chevron and JX Sign MOU for Collaboration on Development of CCS Value Chain

Retrieved on: 
Tuesday, March 19, 2024

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • (Photo: Business Wire)
    The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO₂ emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.
  • The collaboration will also explore the opportunity to develop suitable transboundary policies and the potential development of CO₂ storage sites in other countries in the Asia Pacific region.
  • JX will contribute to the realization of a carbon-neutral society by leveraging the knowledge we have accumulated through our various CCS/CCUS-related businesses,” Yamada added.

Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

Retrieved on: 
Monday, March 11, 2024

Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.
  • This collaboration marks a significant step towards launching Archer's Midnight flying car with Falcon Aviation in the UAE and across the MENA region as soon as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240311456137/en/
    Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025.
  • Today’s announcement reinforces the memorandum of understanding (MOU) signed last year, where Falcon Aviation agreed to operate scores of Archer’s Midnight flying cars.

ARPA-E Announces Innovation Agreement Outlining Vision for the Future of Electrified Airports at Technology Expo Hosted in San Antonio

Retrieved on: 
Wednesday, April 3, 2024

SAN ANTONIO, April 3, 2024 /PRNewswire/ -- Today, the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E), the City of San Antonio Aviation Department and City Public Service Board (CPS Energy), and the University of Texas at San Antonio (UTSA) signed a Memorandum of Understanding (MOU) outlining collective efforts to develop and promote technologies that include, but are not limited to, sustainable aviation, battery technologies and innovative battery storage solutions, enhanced electric vehicle (EV) charging, and power demand management technologies.

Key Points: 
  • ARPA-E Director Evelyn Wang, San Antonio Mayor Ron Nirenberg, UTSA President Dr. Taylor Eighmy, and CPS Energy Vice President of Customer Value Karma Nilsson were all present for the signing hosted at Stinson Municipal Airport in San Antonio.
  • "We are excited at this opportunity to collaborate and showcase innovative energy technologies that could transform the future of aviation," said ARPA-E Director Evelyn N. Wang.
  • Our hope is that this partnership will lay the groundwork to enable future electrified airports."
  • "This is an important agreement with the potential to shape the aviation industry of the future," said San Antonio Mayor Ron Nirenberg.

Strike Looms at Nuclear Power Plants in Illinois - Constellation Energy Corporation Fair Contract Now for Braidwood, LaSalle & Dresden

Retrieved on: 
Wednesday, April 3, 2024

BRACEVILLE, Ill., April 3, 2024 /PRNewswire-PRWeb/ -- Security officers at nuclear power plants operated by Constellation energy company may go on strike after the union representing them and the company have so far failed to reach an agreement on a new contract. Under federal law, nuclear plants must operate under a costly contingency plan in the run-up to and during a strike, and the union highlights the fact that cost of the contingency plan far exceeds the cumulative cost to the company of the annual wage increases to the security officers during the life of the contract.

Key Points: 
  • The security officers in four of Constellation's fourteen nuclear plants are represented by the National Union of Nuclear Security Officers (NUNSO), a division of United Federation LEOS-PBA.
  • ; Clinton Power Station, in Clinton, IL; and R. E. Gina nuclear Power Plant in Ontario, NY.
  • Security officers at one other Constellation nuclear plant, the Dresden Generating Station in Morris, IL, are represented by SEIU Local 1 in Chicago.
  • The security officers contract in these two plants have a no-strike clause:
    If a nationwide strike is called against Constellation energy company by the Union, LEOS-PBA expects that the other unions would honor its strike line — essentially, shutting down Constellation energy company's nuclear sites nationwide.

transcosmos and Cyclone Robotics Forge Strategic Alliance to Drive Digital Transformation and Business Process Outsourcing

Retrieved on: 
Wednesday, April 3, 2024

TOKYO, April 2, 2024 /PRNewswire-PRWeb/ -- transcosmos a leading provider of business process outsourcing services and Cyclone Robotics International, a trailblazer in cutting-edge robotics technology, are excited to announce a strategic Memorandum of Understanding (MOU). This collaboration marks a significant milestone in fostering innovation and advancing the agenda of digital transformation with leading technologies such as artificial intelligence and hyperautomation.

Key Points: 
  • TOKYO, April 2, 2024 /PRNewswire-PRWeb/ -- transcosmos a leading provider of business process outsourcing services and Cyclone Robotics International, a trailblazer in cutting-edge robotics technology, are excited to announce a strategic Memorandum of Understanding (MOU).
  • Cyclone Robotics and transcosmos believe that by combining their strengths, they can create groundbreaking solutions that address evolving market demands and challenges.
  • The MOU between Cyclone Robotics and transcosmos outlines a strategic alliance aimed at exploring synergies in technology projects throughout the two groups.
  • The MOU between Cyclone Robotics and transcosmos sets the stage for an exciting era of innovation, where the fusion of hyperautomation technology and business process optimization will drive unprecedented advancements.