Propulsion

Martinrea International Inc. Announces New Software Company, MiNDCAN Inc.

Retrieved on: 
Tuesday, March 5, 2024

MiNDCAN Inc. offers software solutions created by industry professionals who have a direct view of the unique needs within their respective departments.

Key Points: 
  • MiNDCAN Inc. offers software solutions created by industry professionals who have a direct view of the unique needs within their respective departments.
  • Martinrea has developed, implemented and utilizes these applications to help improve company processes.
  • MiNDCAN Profit+™ - A cost optimization platform for idea generation across the organization, visibility on progress and reporting on financial targets.
  • MiNDCAN Sustain+™ - A program to help collect, track and report on environmental sustainability information, in a centralized location.

Martinrea International Inc. Publishes 2023 Sustainability Report

Retrieved on: 
Friday, March 1, 2024

VAUGHAN, Ontario, March 01, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2023 Sustainability Report.

Key Points: 
  • VAUGHAN, Ontario, March 01, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX: MRE), a diversified and global automotive supplier engaged in the design, development, and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, announced the release of its 2023 Sustainability Report.
  • This report showcases Martinrea’s commitment to Environmental, Social, and Governance (ESG) by featuring sustainability achievements over the past year and our strategy for further improvement.
  • “By utilizing our expertise in product development and lightweighting technologies, we are committed to advancing our sustainability initiatives; helping to decrease global carbon emissions and remain ahead of market changes.”
    “Our sustainability and success also comes down to culture, as emphasized in our 2023 Sustainability Report,” said Rob Wildeboer, Executive Chairman.
  • To view or download Martinrea’s 2023 Sustainability Report, visit: www.martinrea.com/sustainability/

GE Aerospace Hosts 2024 Investor Day

Retrieved on: 
Thursday, March 7, 2024

GE Aerospace will broadcast the event live via webcast today starting at 8:00am EST.

Key Points: 
  • GE Aerospace will broadcast the event live via webcast today starting at 8:00am EST.
  • GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., will be joined by the following leaders: Russell Stokes, President and CEO, Commercial Engines and Services; Farah Borges, Vice President, Assembly, Test, Maintenance, Repair and Overhaul; Mohamed Ali, Vice President, Engineering; Amy Gowder, President & CEO, Defense and Systems; Riccardo Procacci, President and CEO, Propulsion and Additive Technologies; Rahul Ghai, SVP & CFO, GE and CFO, GE Aerospace; and Steve Winoker, VP & Chief Investor Relations Officer.
  • GE’s Investor Relations website at www.ge.com/investor as well as GE’s LinkedIn and other social media accounts, contain a significant amount of information about GE, including financial and other information for investors.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

Nissan Enhances Starting Price of 2024 Nissan Ariya to $39,590

Retrieved on: 
Monday, March 4, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240304834355/en/
    The 2024 Nissan Ariya is on sale now with a starting Manufacturer’s Suggested Retail Price (MSRP) from $39,590 with enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers.
  • Ariya Engage, the entry point to the Ariya line-up, has been reduced by $3,600 with other trim levels receiving a reduction of up to $6,000.
  • The Nissan Ariya was also recently awarded the Insurance Institute for Highway Safety's (IIHS) 2024 TOP SAFETY PICK designation.
  • Manufacturer’s Suggested Retail Prices for the 2024 Nissan Ariya:

Federal Aviation Administration approves Universal Technical Institute-Miramar's Airframe and Powerplant Technician program

Retrieved on: 
Thursday, February 15, 2024

PHOENIX and MIRAMAR, Fla., Feb. 15, 2024 /PRNewswire/ -- Universal Technical Institute today announced that the Federal Aviation Administration (FAA) recently approved the Airframe and Powerplant Technician program at its Miramar campus, with classes now underway.  Universal Technical Institute is the transportation, skilled trades and energy education division of UTI, Inc.   

Key Points: 
  • PHOENIX and MIRAMAR, Fla., Feb. 15, 2024 /PRNewswire/ -- Universal Technical Institute today announced that the Federal Aviation Administration (FAA) recently approved the Airframe and Powerplant Technician program at its Miramar campus, with classes now underway.
  • Universal Technical Institute is the transportation, skilled trades and energy education division of UTI, Inc.
    Students in the 18-month Airframe and Powerplant program at Miramar will learn to diagnose, repair and maintain aircraft and power plant components.
  • "The approval of Universal Technical Institute's Airframe and Powerplant Technician program in our city is exciting news for future students and our local aviation industry," said City of Miramar Mayor Wayne Messam.
  • In addition to the aviation program, UTI-Miramar offers 45-week Diesel Technology , 36-week Welding Technology and 51-week Automotive Technology Training programs.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

Global Robo Taxi Market Report 2023-2028 - A $11 Billion Market by 2028, A Solution to Rapid Urbanization and Traffic Congestion Challenges

Retrieved on: 
Thursday, January 18, 2024

The global robo taxi market size reached US$600 Million in 2022 and is forecast to reach US$11 billion by 2028, exhibiting a growth rate (CAGR) of 62.38% during 2022-2028.

Key Points: 
  • The global robo taxi market size reached US$600 Million in 2022 and is forecast to reach US$11 billion by 2028, exhibiting a growth rate (CAGR) of 62.38% during 2022-2028.
  • Additionally, companies like Uber and Lyft are expanding their robo taxi fleets to cover more cities and regions.
  • In line with this, ensuring a seamless and safe customer experience is a priority for robo taxi service providers.
  • This broad appeal drives higher demand for rental robo taxi services, making it the largest segment in the market breakup by service.

Maritime Patrol Aircraft Industry Analysis Report 2023 - Global Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 8, 2024

The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1% from 2023 to 2028

Key Points: 
  • The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1% from 2023 to 2028
    This market study covers the maritime patrol aircraft market across various segments and subsegments.
  • The maritime patrol aircraft market is experiencing growth driven by escalating maritime security concerns.
  • The combat support segment in the maritime patrol aircraft market is being driven by evolving global security dynamics.
  • North America's commitment to upholding maritime dominance and safeguarding crucial trade routes drives the demand for maritime patrol aircraft, establishing the region as a key player in the global maritime patrol aircraft market.

Fred Di Tosto Appointed President of Martinrea International Inc.

Retrieved on: 
Monday, January 8, 2024

TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Fred Di Tosto has been appointed President of the Company.

Key Points: 
  • TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Fred Di Tosto has been appointed President of the Company.
  • “I have worked side by side with Fred since I came here as President and CEO almost ten years ago.
  • Prior to joining Martinrea, Mr. Di Tosto was with KPMG LLP where he served various multinational companies, including Martinrea.
  • Mr. Di Tosto has a Bachelor’s Degree in Mathematics for Commerce from York University and is a Chartered Accountant by designation.