Machine

Machinery industry can seize up to 50% productivity boost from 'factory of the future' innovations led by AI - Bain & Co report

Retrieved on: 
Wednesday, April 3, 2024

They may be exploring how to incorporate digital tools or Industry 4.0 and sustainability measures.

Key Points: 
  • They may be exploring how to incorporate digital tools or Industry 4.0 and sustainability measures.
  • But they still do so in separate organizational silos," said Michael Staebe , head of Bain & Company's global Machinery, Paper and Metals sector, based in Munich.
  • "To truly become successful factories of the future and reap productivity gains, machinery companies need to address three critical challenges.
  • Firstly, they should integrate the new Industry 4.0 technologies with their existing operational excellence approach and standards.

Cloudforce Co-Hosts Largest Collegiate Hackathon on the East Coast, UMD's Bitcamp 2024

Retrieved on: 
Wednesday, April 3, 2024

This distinguished event, renowned for being the largest collegiate hackathon on the East Coast with over 1,500 registered hackers this year, invites students from various backgrounds, disciplines, and educational institutions to engage in a weekend of creativity, coding, and collaboration.

Key Points: 
  • This distinguished event, renowned for being the largest collegiate hackathon on the East Coast with over 1,500 registered hackers this year, invites students from various backgrounds, disciplines, and educational institutions to engage in a weekend of creativity, coding, and collaboration.
  • Bitcamp creates a unique platform where students can push the boundaries of innovation over an immersive 36-hour period.
  • This year, Cloudforce, in collaboration with strategic partner Microsoft, is set to deliver multiple talks and workshops on the transformative power of artificial intelligence.
  • "With Cloudforce and Microsoft's support, we're set to offer an unprecedented experience that will undoubtedly leave a lasting impression on all participants."

Leading healthcare fund manager RA Capital launches biotech ETFs

Retrieved on: 
Monday, April 1, 2024

The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).

Key Points: 
  • The first ETF that RA Capital will begin trading today is RABB (RA Best Biotech ETF).
  • This fund is composed of what RA Capital has termed "core" development-stage biotech companies held by at least one biotech specialist peer fund.
  • "What's long been missing from the menu of biotech ETFs is a fund constructed strictly based on borrowed conviction," said Peter Kolchinsky, a virologist and Managing Partner of the firm.
  • For those who think that specialists have it wrong, RA Capital is also launching the RA Peripheral Portfolio, which will trade under the symbol RAPP.

Finite State Raises $20 Million Growth Round to Secure Critical Infrastructure and Software Supply Chains

Retrieved on: 
Friday, March 22, 2024

COLUMBUS, Ohio, March 22, 2024 /PRNewswire-PRWeb/ -- Finite State, the leader in comprehensive software risk management for the connected world, today announced that it raised a $20 million growth round led by Energy Impact Partners (EIP). This investment underscores Finite State's pivotal role in addressing critical cybersecurity challenges faced by organizations worldwide and its commitment to advancing innovative solutions for securing connected devices and critical infrastructure.

Key Points: 
  • Amid escalating threats, Finite State's platform offers visibility and risk management capabilities to proactively identify vulnerabilities in software supply chains, safeguarding critical systems.
  • COLUMBUS, Ohio, March 22, 2024 /PRNewswire-PRWeb/ -- Finite State, the leader in comprehensive software risk management for the connected world, today announced that it raised a $20 million growth round led by Energy Impact Partners (EIP).
  • Finite State's robust growth trajectory comes amid escalating cyber threats and regulatory pressures driving organizations to prioritize software supply chain security.
  • As Finite State embarks on its next phase of growth, the company remains steadfast in its mission to empower organizations to secure their software supply chains and protect critical infrastructure from evolving cyber threats.

Mine Recognized with 2024 Artificial Intelligence Award from Business Intelligence Group

Retrieved on: 
Wednesday, March 20, 2024

BOSTON and TEL AVIV, Israel, March 20, 2024 /PRNewswire/ -- Mine, a pioneering company disrupting the data privacy market, today announced that the Business Intelligence Group has recognized the MineOS platform as a winner in the 2024 Artificial Intelligence Excellence Awards in the Machine Learning category. This prestigious recognition serves as a testament to MineOS's tremendous growth in its mission to innovate and streamline data privacy and governance for the modern enterprise.

Key Points: 
  • BOSTON and TEL AVIV, Israel, March 20, 2024 /PRNewswire/ -- Mine , a pioneering company disrupting the data privacy market, today announced that the Business Intelligence Group has recognized the MineOS platform as a winner in the 2024 Artificial Intelligence Excellence Awards in the Machine Learning category.
  • This prestigious recognition serves as a testament to MineOS's tremendous growth in its mission to innovate and streamline data privacy and governance for the modern enterprise.
  • "To be recognized by the Business Intelligence Group for all the work we've put into building our next-generation AI and ML technology to innovate and push data privacy forward is an incredible achievement," said Gal Ringel, CEO and Co-Founder of Mine.
  • "We are truly honored to recognize Mine with this prestigious award," stated Maria Jimenez, Chief Nominations Officer for the Business Intelligence Group.

FinThrive Announces Expanded Portfolio Focused on Predictive and Preventative Revenue Cycle Management

Retrieved on: 
Monday, March 11, 2024

ORLANDO, Fla., March 11, 2024 /PRNewswire/ -- FinThrive, Inc., a healthcare revenue cycle management software-as-a-service (SaaS) provider advancing the healthcare economy, announces it is deepening investment across its platform to provide healthcare financial leaders with predictive and preventative revenue cycle management solutions to address the root cause of revenue loss.

Key Points: 
  • ORLANDO, Fla., March 11, 2024 /PRNewswire/ -- FinThrive, Inc. , a healthcare revenue cycle management software-as-a-service (SaaS) provider advancing the healthcare economy, announces it is deepening investment across its platform to provide healthcare financial leaders with predictive and preventative revenue cycle management solutions to address the root cause of revenue loss.
  • FinThrive's intelligent Revenue Management (RM) Platform is built to predict and prevent revenue losses.
  • The expanded FinThrive Analyze offering is designed to break down data silos to give a holistic view into all revenue processes, enabling more predictive and proactive revenue management while expanding its plans to bring end-to-end intelligence to its RCM Platform Technology.
  • FinThrive Analyze is transforming the way healthcare teams can visualize and use revenue data with the industry's first, true enterprise-grade data lake built for revenue teams.

Intuitive Machines Announces Date for Fourth Quarter and Full-Year 2023 Financial Results Conference Call  

Retrieved on: 
Tuesday, March 5, 2024

HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the fourth quarter and full-year of 2023 on Thursday, March 21, 2024, before the market opens.

Key Points: 
  • HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the fourth quarter and full-year of 2023 on Thursday, March 21, 2024, before the market opens.
  • Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results.
  • Participants may access the call at 1-877-451-6152, international callers may use 1-201-389-0879, and request to join the Intuitive Machines earnings call.
  • A webcast replay will be available through the same webcast link or on the investors portion of the Intuitive Machines website at https://investors.intuitivemachines.com/ .

Intuitive Machines Historic IM-1 Mission Success: American Ingenuity Never Gives Up

Retrieved on: 
Thursday, February 29, 2024

Intuitive Machines CEO Steve Altemus said, “Spaceflight’s unique challenges are conquered on Earth but mastered in space.

Key Points: 
  • Intuitive Machines CEO Steve Altemus said, “Spaceflight’s unique challenges are conquered on Earth but mastered in space.
  • Our now proven robust lunar program, a national asset, feeds directly into our second and third missions.
  • Mr. Altemus continued, “Before this mission, we had an absolute sense of humility and relied on our technical excellence and years of experience to triumph and persevere throughout all the challenges we faced during the mission.
  • Following our unequivocal success, I am emboldened for the future of the U.S. and international lunar economy and Intuitive Machines' future as we believe we can win, execute, and pioneer the future of the cislunar market.”

Supreme Court Hears Oral Argument in NCLA’s Cargill Case Against ATF’s Unilateral Bump Stock Ban

Retrieved on: 
Wednesday, February 28, 2024

ATF issued its interpretive Final Rule in 2018 defining semi-automatic firearms equipped with bump stocks as “machineguns,” which federal law prohibits.

Key Points: 
  • ATF issued its interpretive Final Rule in 2018 defining semi-automatic firearms equipped with bump stocks as “machineguns,” which federal law prohibits.
  • The rule required Mr. Cargill and every other bump-stock owner nationwide to either destroy or turn in their legally purchased devices.
  • This case tasks the Supreme Court with resolving these conflicting opinions.
  • A bump stock does not alter the trigger on a semi-automatic weapon, so a bump stock does not turn a semi-automatic weapon into a machine gun.”

NASA, Intuitive Machines to Discuss Moon Mission, Science Successes

Retrieved on: 
Tuesday, February 27, 2024

HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced that the Company will participate in a news conference with NASA at the Johnson Space Center in Houston on February 28, 2024 at 2:00 pm ET to discuss the Company’s historic lunar mission.

Key Points: 
  • HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, today announced that the Company will participate in a news conference with NASA at the Johnson Space Center in Houston on February 28, 2024 at 2:00 pm ET to discuss the Company’s historic lunar mission.
  • The IM-1 Mission to the Moon is the Company’s first of three missions with NASA carrying six of the agency’s science instruments to the South Pole region of the Moon as part of NASA’s Commercial Lunar Payload Services (CLPS) initiative, and Artemis campaign.
  • Participants in the news conference include:
    Steve Altemus, Chief Executive Officer and co-founder, Intuitive Machines
    Tim Crain, Chief Technology Officer and co-founder, Intuitive Machines