AES

Lennox Reports Record Third Quarter Results and Raises 2023 Guidance

Retrieved on: 
Thursday, October 26, 2023

DALLAS, Oct. 26, 2023 /PRNewswire/ -- Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, today reported record third quarter revenue of $1.37 billion. Operating income was $187 million for the third quarter, including a $63M non-cash impairment related to the planned European divestiture. Operating margin was 13.7% and GAAP diluted earnings per share was $3.65.

Key Points: 
  • Operating income was $187 million for the third quarter, including a $63M non-cash impairment related to the planned European divestiture.
  • "The record results Lennox achieved this quarter are a testament to our consistent leadership performance, the dedication and teamwork of our employees, and the focus on our transformational self-help initiatives," said Chief Executive Officer, Alok Maskara.
  • Unit sales volumes through independent distribution channels declined mid-teens, primarily due to continued industry destocking, which decelerated during the quarter.
  • A conference call to discuss the company's third quarter results and 2023 full year outlook will be held this morning at 8:30 a.m. Central Time.

Blink Charging and AES Launch New Charging Station at Texaco Juan Pablo, El Salvador

Retrieved on: 
Wednesday, October 25, 2023

Miami Beach, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, announced today the installation of a Blink charging station at a Texaco Juan Pablo gas station in San Salvador as part of the Company’s agreement with AES to strengthen the expansion of its public access charging network for EVs throughout the country.

Key Points: 
  • AES El Salvador announced nine additional Blink Charging stations to be installed by the end of 2023.
  • “We are excited to support AES in their effort to provide EV drivers in El Salvador with accessible and easy charging,” said Patricia Baires, LATAM Business Development Manager for Blink Charging.
  • “One of the challenges of implementing EV charging infrastructure in El Salvador is the strategic installation of charging ports along routes to support EV drivers.
  • The chargers will be connected to the Blink Network platform, allowing drivers to locate networked charging stations through the Blink Charging Mobile App.

Titan Mining Announces Significant Graphite Discovery at Empire State Mines in Upstate New York, USA

Retrieved on: 
Monday, October 23, 2023

These properties make graphite suitable for both industrial (refractories, foundries, lubricants) and energy (batteries, fuel cells, and nuclear reactors) applications.

Key Points: 
  • These properties make graphite suitable for both industrial (refractories, foundries, lubricants) and energy (batteries, fuel cells, and nuclear reactors) applications.
  • The mineralization intercepted by Titan is dominated by crystalline flakes of graphite and may be suitable for use in battery production.
  • Currently there are no domestic sources for natural flake graphite in the United States, while China produces in excess of 60% of the world’s graphite supply.
  • The United States Department of Energy projects that demand for graphite will exceed production by 79% in 2025.

Unveiling the Integration: Sphere and Safe Software's Spatial Collaboration Tool with Key Enterprise Applications at Augmented Enterprise Summit 2023

Retrieved on: 
Monday, October 23, 2023

Their joint effort will be showcased at the Augmented Enterprise Summit (AES) in Houston, on October 25th, 2023 at Safe Software's booth, from 10:35 AM - 11:35 AM CST.

Key Points: 
  • Their joint effort will be showcased at the Augmented Enterprise Summit (AES) in Houston, on October 25th, 2023 at Safe Software's booth, from 10:35 AM - 11:35 AM CST.
  • This partnership shows the power of Sphere's device agnostic augmented reality platform and Safe Software's FME data integration platform.
  • At the heart of this collaboration is the ability to make augmented reality technology accessible and scalable within an enterprise setting.
  • Safe Software's FME data integration platform serves as a conduit for various data sources, enhancing the immersive experience for Sphere users.

Lennox Acquires AES to Expand Commercial HVAC Services

Retrieved on: 
Wednesday, October 25, 2023

Across North America, AES provides installations services, adapter curbs, and reclaim services.

Key Points: 
  • Across North America, AES provides installations services, adapter curbs, and reclaim services.
  • AES will become part of the Lennox Commercial Business Segment and enable the delivery of "front-to-back" life-cycle integrated services to AES and Lennox customers.
  • "AES represents a strong strategic and cultural fit for the Lennox Commercial segment and is consistent with our growth strategy," Lennox EVP and President of the Commercial Heating and Cooling Business Joe Nassab stated.
  • AES President Jason Benton will join the Lennox Commercial business segment in a leadership role and will continue to lead the AES business and team of approximately 280 associates.

HTC to Showcase VIVERSE for Business at Augmented Enterprise Summit 2023

Retrieved on: 
Tuesday, October 24, 2023

SEATTLE, Oct. 24, 2023 /PRNewswire/ -- HTC is thrilled to announce its participation in the upcoming Augmented Enterprise Summit 2023 (AES) taking place in Houston, Texas, from October 24 to 26.

Key Points: 
  • SEATTLE, Oct. 24, 2023 /PRNewswire/ -- HTC is thrilled to announce its participation in the upcoming Augmented Enterprise Summit 2023 (AES) taking place in Houston, Texas, from October 24 to 26.
  • During the event, HTC will give exclusive, hands-on demos of its virtual workspace solution, VIVERSE for Business.
  • At AES, attendees will have the opportunity to immerse themselves in VIVERSE for Business by wearing HTC's VIVE XR Elite headset.
  • Earlier this month, VIVERSE for Business was showcased in Paris, highlighting its innovative approach to collaborative business environments.

At AES 2023, Taqtile Previews Spatial Computing Work-Instruction Platform on HTC VIVE XR Elite

Retrieved on: 
Monday, October 23, 2023

The company’s spatial-computing platform will be demonstrated in HTC VIVE booth 35, showcasing the utility and benefits of Manifest when combined with the high-resolution, color passthrough video capabilities of the VIVE XR Elite headset.

Key Points: 
  • The company’s spatial-computing platform will be demonstrated in HTC VIVE booth 35, showcasing the utility and benefits of Manifest when combined with the high-resolution, color passthrough video capabilities of the VIVE XR Elite headset.
  • Taqtile will utilize the passthrough video capabilities of the VIVE XR Elite, enabling users to view Augmented Reality (AR) enabled content while working with real-world equipment.
  • “The HTC VIVE XR Elite includes some great innovations our customers will appreciate, such as the compact size and swappable battery,” stated John Tomizuka, CTO of Taqtile, the leader in spatial computing technologies and AR-based work-instruction solutions.
  • “Taqtile’s advanced Manifest AR platform is uniquely positioned to take full advantage of the capabilities of our XR Elite headset,” said Dan O’Brien, GM of Americas at HTC VIVE.

Vuzix to Showcase 5G AR Solutions for Connected Workers on Verizon's 5G Network at AES 2023

Retrieved on: 
Monday, October 23, 2023

ROCHESTER, N.Y., Oct. 23, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI ), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, will showcase solutions for connected workers using Vuzix AR smart glasses on the Verizon 5G Network at Augmented Enterprise Summit (AES) during Oct 24-26 in Houston, TX.

Key Points: 
  • ROCHESTER, N.Y., Oct. 23, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI ), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, will showcase solutions for connected workers using Vuzix AR smart glasses on the Verizon 5G Network at Augmented Enterprise Summit (AES) during Oct 24-26 in Houston, TX.
  • Enterprise customers are quickly realizing the advantages of empowering the next generation of workers with AR smart glasses.
  • The showcase at AES 2023 will offer attendees the chance to preview an experimental neckband form factor.
  • Attendees of AES can see demos of these solutions and meet with Vuzix and Verizon in booth #20 at the Westin Galleria in Houston, TX on Oct 24-26, 2023.

Private Internet Access' worldwide network gets bigger and better with new server locations

Retrieved on: 
Thursday, October 19, 2023

DENVER, Oct. 19, 2023 /PRNewswire/ -- Private Internet Access (PIA), a leading virtual private network (VPN) provider, is proud to announce a substantial expansion to its global server network - increasing the number of countries in their network from 84 to 91.

Key Points: 
  • DENVER, Oct. 19, 2023 /PRNewswire/ -- Private Internet Access (PIA), a leading virtual private network (VPN) provider, is proud to announce a substantial expansion to its global server network - increasing the number of countries in their network from 84 to 91.
  • In response to growing user demand for secure and private internet connections worldwide, PIA is now taking their server network to the next level - with new server locations for regions currently underserved by other VPN providers.
  • Incorporating these new server locations across South America and Asia aligns with PIA's mission to ensure a free and open internet for all users.
  • "We are thrilled to be expanding our server network to include these exciting new locations," stated Himmat Bains, Head of Product at Private Internet Access.

HyVelocity Selected by U.S. Department of Energy to Develop Gulf Coast Hydrogen Hub

Retrieved on: 
Friday, October 13, 2023

Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.

Key Points: 
  • Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.
  • HyVelocity is an industry-led hydrogen hub that includes seven core industry partners – AES Corporation, Air Liquide, Chevron, ExxonMobil, Mitsubishi Power Americas, Ørsted, and Sempra Infrastructure.
  • With more than 1,000 miles of dedicated hydrogen pipelines, 48 hydrogen production plants and dozens of hydrogen end-use applications, the Gulf Coast is already the heart of hydrogen infrastructure and use in the United States.
  • HyVelocity will build on the region’s diverse array of energy resources, including hydrogen production facilities and pipelines, renewable energy, a large base of industrial energy consumers, and a skilled workforce.