Indium

Infinera Awarded California Competes Grant to Increase Domestic Production of Next-generation Semiconductors

Retrieved on: 
Tuesday, November 21, 2023

SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz).

Key Points: 
  • SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz).
  • This is a first step to expand and modernize Infinera’s U.S.-based domestic production of next-generation semiconductors and continue to support innovation and economic development in the United States in future years.
  • Fostering the domestic production of these critical and emerging technologies helps increase America’s economic and national security in semiconductor innovation, manufacturing, and supply chain resilience.
  • “We are grateful and honored to receive this grant award, which represents an important step in helping to boost America’s domestic production of semiconductor technologies,” said David Heard, Chief Executive Officer, Infinera.

Indium Software certified as a Major Contender in the Everest Group PEAK Matrix® 2023 for Quality Engineering Services

Retrieved on: 
Monday, December 18, 2023

Indium Software , a fast-growing digital engineering company, announces its recognition as a Major Contender in the Everest Group PEAK Matrix® 2023 for Next-Generation Quality Engineering (QE) Services.

Key Points: 
  • Indium Software , a fast-growing digital engineering company, announces its recognition as a Major Contender in the Everest Group PEAK Matrix® 2023 for Next-Generation Quality Engineering (QE) Services.
  • With over two decades of deep expertise in Quality Engineering capabilities, Indium has catered to global customers across various industries, delivering enhanced end-user experiences and accelerating time-to-market solutions.
  • The Everest Group PEAK Matrix® 2023 for Next-Generation Quality Engineering Services evaluated Indium Software along with 34 other QE service providers on their key Intellectual Properties (IP) / solutions, domain investments, and case studies.
  • Access the Next-generation Quality Engineering (QE) Services PEAK Matrix® Assessment 2023 report here .

Indium Software Recognized as a Major Contender in the Everest Group PEAK Matrix® 2023 for Data and Analytics (D&A) Services for Mid-market Enterprises.

Retrieved on: 
Wednesday, December 13, 2023

Indium Software , a fast-growing digital engineering company, today announced it has been recognized as a Major Contender in the Everest Group PEAK Matrix® 2023 for Data and Analytics (D&A) Services for mid-market enterprises.

Key Points: 
  • Indium Software , a fast-growing digital engineering company, today announced it has been recognized as a Major Contender in the Everest Group PEAK Matrix® 2023 for Data and Analytics (D&A) Services for mid-market enterprises.
  • The digital engineering company believes this recognition shows its commitment to innovation excellence and deep expertise in delivering D&A services to a diverse range of industries and markets.
  • Commenting on the recognition, Jagannath Bharadwaj, Chief Operating Officer at Indium Software, said, “Investing in Data and Analytics can significantly benefit mid-market enterprises globally, driving growth, efficiency, and long-term success in a competitive business market.
  • In addition, Srinath Nadkarni, Senior Vice President - Data and Analytics at Indium Software, stated, “We deliver unique value through our Communities of Practice internally across Data Analytics, Data Engineering, Advanced Analytics, and we are investing in an exclusive CoP for Gen AI.

NASA Remembers Trailblazing Astronaut, Scientist Mary Cleave

Retrieved on: 
Wednesday, November 29, 2023

WASHINGTON, Nov. 29, 2023 /PRNewswire/ -- Retired NASA astronaut Mary Cleave, a veteran of two NASA spaceflights, died Nov. 27.

Key Points: 
  • WASHINGTON, Nov. 29, 2023 /PRNewswire/ -- Retired NASA astronaut Mary Cleave, a veteran of two NASA spaceflights, died Nov. 27.
  • "I'm sad we've lost trail blazer Dr. Mary Cleave, shuttle astronaut, veteran of two spaceflights, and first woman to lead the Science Mission Directorate as associate administrator," said NASA Associate Administrator Bob Cabana.
  • "Mary was a force of nature with a passion for science, exploration, and caring for our home planet.
  • Cleave's awards included: two NASA Space Flight medals; two NASA Exceptional Service medals; an American Astronautical Society Flight Achievement Award; a NASA Exceptional Achievement Medal; and NASA Engineer of the Year.

Thermal Interface Materials Market to Surpass US$ 5,590.08 Million by 2030 - Coherent Market Insights

Retrieved on: 
Monday, November 20, 2023

The rising demand from computer application along with growing adoption of automation in manufacturing sector is propelling growth of the global thermal interface materials market.

Key Points: 
  • The rising demand from computer application along with growing adoption of automation in manufacturing sector is propelling growth of the global thermal interface materials market.
  • Increasing popularity of GAP-filling TIMs is a major trend in the global thermal interface materials market expected to augment the market growth.
  • Global Thermal Interface Materials Market is expected to surpass US$ 5,590.08 Mn by 2030 and is anticipated to witness a CAGR of 10.98% during the forecast period 2023-2030, owing to expansion of LED market.
  • This product launch is likely to help the company strengthen its portfolio in thermal interface materials market.

Thermal Interface Materials Market to Surpass US$ 5,590.08 Million by 2030 - Coherent Market Insights

Retrieved on: 
Monday, November 20, 2023

The rising demand from computer application along with growing adoption of automation in manufacturing sector is propelling growth of the global thermal interface materials market.

Key Points: 
  • The rising demand from computer application along with growing adoption of automation in manufacturing sector is propelling growth of the global thermal interface materials market.
  • Increasing popularity of GAP-filling TIMs is a major trend in the global thermal interface materials market expected to augment the market growth.
  • Global Thermal Interface Materials Market is expected to surpass US$ 5,590.08 Mn by 2030 and is anticipated to witness a CAGR of 10.98% during the forecast period 2023-2030, owing to expansion of LED market.
  • This product launch is likely to help the company strengthen its portfolio in thermal interface materials market.

Rochelle Salt Market to grow by USD 97.61 million from 2023 to 2028; Beantown Chemical Corp., Danaher Corp., Giovanni Randi Spa, and more among key companies- Technavio

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The rochelle salt market is expected to grow by USD 97.61 million from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The rochelle salt market is expected to grow by USD 97.61 million from 2023 to 2028.
  • The increasing use of electronic devices is notably driving the rochelle salt market.
  • However,  factors such as Fluctuations in the availability and pricing of raw materials may impede market growth.
  • Beantown Chemical Corp - The company offers rochelle salt such as Potassium sodium L tartrate tetrahydrate ACS, 99.0 to 102.0 percent.

Technological Innovations in Next-Generation Image Sensors Discussed by IDTechEx

Retrieved on: 
Wednesday, November 8, 2023

The new IDTechEx report, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets ," explores a diverse range of image sensing technologies capable of resolutions and wavelength detection far beyond what is currently attainable.

Key Points: 
  • The new IDTechEx report, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets ," explores a diverse range of image sensing technologies capable of resolutions and wavelength detection far beyond what is currently attainable.
  • IDTechEx expects that the growing importance of autonomous technologies will lead the emerging image sensor market to over US$739 million by 2034.
  • There are several unique selling points to adopting these types of image sensors, one of which is the broadening of the spectral coverage over the commonly used CMOS RGB sensors.
  • For more details on the emerging image sensor market and the future of autonomous driving, please see the IDTechEx market reports, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets " and " Autonomous Cars, Robotaxis and Sensors 2024-2044 ," respectively.

Technological Innovations in Next-Generation Image Sensors Discussed by IDTechEx

Retrieved on: 
Wednesday, November 8, 2023

The new IDTechEx report, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets ," explores a diverse range of image sensing technologies capable of resolutions and wavelength detection far beyond what is currently attainable.

Key Points: 
  • The new IDTechEx report, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets ," explores a diverse range of image sensing technologies capable of resolutions and wavelength detection far beyond what is currently attainable.
  • IDTechEx expects that the growing importance of autonomous technologies will lead the emerging image sensor market to over US$739 million by 2034.
  • There are several unique selling points to adopting these types of image sensors, one of which is the broadening of the spectral coverage over the commonly used CMOS RGB sensors.
  • For more details on the emerging image sensor market and the future of autonomous driving, please see the IDTechEx market reports, " Emerging Image Sensor Technologies 2024-2034: Applications and Markets " and " Autonomous Cars, Robotaxis and Sensors 2024-2044 ," respectively.

AXT, Inc. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 2, 2023

GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.

Key Points: 
  • GAAP gross margin was 10.7 percent of revenue for the third quarter of 2023, compared with 9.2 percent of revenue for the second quarter of 2023 and 42.0 percent of revenue for the third quarter of 2022.
  • Non-GAAP gross margin was 11.3 percent of revenue for the third quarter of 2023, compared with 9.8 percent of revenue for the second quarter of 2023 and 42.2 percent of revenue for the third quarter of 2022.
  • GAAP operating expenses were $8.6 million for the third quarter of 2023, compared with $8.6 million for the second quarter of 2023 and $10.2 million for the third quarter of 2022.
  • Non-GAAP operating expenses were $7.8 million for the third quarter of 2023, compared with $7.8 million for the second quarter of 2023 and $9.2 million for the third quarter of 2022.