Galileo Galilei

EQS-News: OHB prime contractor for development and assembly of the LEO-PNT navigation demonstration satellites

Retrieved on: 
Wednesday, April 10, 2024

The contract between the client ESA (European Space Agency) and GMV was signed this week in Paris.

Key Points: 
  • The contract between the client ESA (European Space Agency) and GMV was signed this week in Paris.
  • OHB is working on this mission as a subcontractor to GMV: OHB’s share of the total contract is valued at around EUR 38 million.
  • OHB is contributing to the LEO-PNT programme the expertise that it gained from the European Galileo navigation satellite programme, for whose 34 FOC (Full Operational Capability) satellites it is the prime contractor.
  • LEO-PNT is an in-orbit demonstration mission, as various parameters are to be tested during this mission.

Cavli Wireless Gears Up to Introduce the 5G RedCap CQM220 Cellular IoT Module Alongside the Flagship CQS290 Android Module at Embedded World 2024

Retrieved on: 
Wednesday, April 3, 2024

SAN JOSE, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- Cavli Wireless , a pioneer in the IoT solutions landscape, is all set to announce its flagship 5G RedCap CQM220 Cellular IoT Module at Embedded World 2024.

Key Points: 
  • SAN JOSE, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- Cavli Wireless , a pioneer in the IoT solutions landscape, is all set to announce its flagship 5G RedCap CQM220 Cellular IoT Module at Embedded World 2024.
  • The event represents the premier stage for global innovators like Cavli Wireless to showcase the innovative CQM220 to the world.
  • The CQM220 is the flagship 5G RedCap cellular IoT module from Cavli Wireless, compatible with 3GPP release 17 standards, specifically designed for advanced IoT and M2M applications.
  • With the unveiling of the CQM220 and the showcase of the CQS290 at Embedded World 2024, Cavli Wireless reaffirms its commitment to delivering cost-effective, uninterrupted, and superior cellular IoT solutions.

Genasys Partners in European Union-Funded Project to Revolutionize Public Warning

Retrieved on: 
Tuesday, March 26, 2024

101082555) that goes beyond smartphone-based alerting by developing a solution that will extend the reception and processing of Galileo Emergency Warning Satellite Service (EWSS) public safety warnings into display panels, indoor warning systems, and acoustic devices.

Key Points: 
  • 101082555) that goes beyond smartphone-based alerting by developing a solution that will extend the reception and processing of Galileo Emergency Warning Satellite Service (EWSS) public safety warnings into display panels, indoor warning systems, and acoustic devices.
  • Genasys’ experience in innovating satellite-connected speaker systems that broadcast audible voice messages with exceptional clarity qualified us to partner in this consortium.
  • Genasys Protect ALERT will be used to conduct an end-to-end Project AWARE demonstration with the Republic of Slovenia Administration for Civil Protection and Disaster Relief, a customer and consortium member.
  • The Republic of Slovenia Administration for Civil Protection and Disaster Relief will host one of the demonstrations planned at the end of the project.

Quectel Broadens RedCap Offering With Commercial Availability of RG255C-GL RedCap 5G Module

Retrieved on: 
Tuesday, April 9, 2024

Embedded World--Quectel Wireless Solutions, a global IoT solutions provider, is delighted to announce the commercial availability of the RG255C-GL 5G RedCap Sub-6 GHz LGA module, delivering comprehensive 5G and 4G coverage across the globe.

Key Points: 
  • Embedded World--Quectel Wireless Solutions, a global IoT solutions provider, is delighted to announce the commercial availability of the RG255C-GL 5G RedCap Sub-6 GHz LGA module, delivering comprehensive 5G and 4G coverage across the globe.
  • View the full release here: https://www.businesswire.com/news/home/20240409408432/en/
    Quectel broadens RedCap offering with commercial availability of RG255C-GL RedCap 5G module (Photo: Business Wire)
    The RG255C-GL, conforming to 3GPP Release 17 standards, features a compact LGA form factor measuring 32.0mm x 29.0mm x 2.4mm.
  • "Having the RG255C-GL 5G RedCap module commercially available offers our customers access to the benefits of 5G without the accompanying expense and power consumption," commented Norbert Muhrer, President and CSO, Quectel Wireless Solutions.
  • Attendees to Embedded World will be able to find out more about the RG255C-GL 5G RedCap module on the Quectel stand at booth number 3-318.

Fintech Market Size Projected To Grow To $882 Billion By 2030 as Advanced Technologies & Services Expand

Retrieved on: 
Tuesday, March 19, 2024

These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.

Key Points: 
  • These services are typically delivered over the cloud, allowing other companies to integrate and use financial technology capabilities without developing these technologies in-house.
  • A report from Fortune Business Insights projected that the fintech market size is projected to grow to USD 882.30 billion by 2030, exhibiting a CAGR of 17% during the forecast period (2023-2030).
  • Fortune Business Insights continued: “Moreover, the economic impact of the pandemic led to an increased demand for lending and credit services.
  • North America is leading the fintech market share globally with market value of USD 89.61 billion in 2022.

Galileo Expands Buy Now Pay Later Solution to Include Post-Purchase Options for Credit and Debit

Retrieved on: 
Tuesday, March 19, 2024

In addition to its Galileo Buy Now, Pay Later (BNPL) pre-purchase offering, the new API-enabled BNPL post-purchase offering is built for banks and fintechs looking to seamlessly deliver their customers a more flexible financing opportunity.

Key Points: 
  • In addition to its Galileo Buy Now, Pay Later (BNPL) pre-purchase offering, the new API-enabled BNPL post-purchase offering is built for banks and fintechs looking to seamlessly deliver their customers a more flexible financing opportunity.
  • It supports repayment options for both existing debit and credit programs within established financial relationships.
  • Financial access: Post-purchase BNPL financing previously exclusive to credit accounts can be extended to debit accounts.
  • Flexible financing: Post-purchase BNPL transforms conventional debit into a dynamic financial tool, offering the flexibility to responsibly and efficiently manage money.

Arcalea Named to Fortune's 2024 Most Innovative Companies

Retrieved on: 
Tuesday, April 2, 2024

CHICAGO, April 2, 2024 /PRNewswire/ -- Arcalea, the global leader in marketing analytics, has been recognized by Fortune as one of "America's Most Innovative Companies" of 2024.

Key Points: 
  • CHICAGO, April 2, 2024 /PRNewswire/ -- Arcalea, the global leader in marketing analytics, has been recognized by Fortune as one of "America's Most Innovative Companies" of 2024.
  • Chosen by Fortune and Statista from a competitive pool of more than 15,000 candidates, only 200 companies achieved the honor.
  • The selection criteria focused on three foundational aspects of innovation: product innovation, process innovation, and the cultivation of an innovation-centric culture.
  • "We are honored by Fortune's recognition as one of America's Most Innovative Companies, a testament not just to our innovative solutions but to the extraordinary people behind them," said Michael Stratta, CEO of Arcalea.

Gogo Galileo Global Broadband Coming to European Operators

Retrieved on: 
Monday, April 1, 2024

BROOMFIELD, Colo. and BREMEN, Germany, April 1, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced it is partnering with Atlas Air Service AG to develop the first European Supplemental Type Certificate (STC) for the Gogo Galileo HDX antenna for the Cessna CitationJet series of light jet aircraft and another STC for the Embraer Phenom 300.

Key Points: 
  • "For many years our customers have been asking for a small and affordable broadband solution for their aircraft.
  • We wanted to be among the first to partner with Gogo to develop these STCs and bring true broadband inflight Wi-Fi for every segment of business aviation."
  • Gogo Galileo will operate on the Eutelsat OneWeb enterprise-grade Low-Earth-Orbit (LEO) satellite network, which is fully deployed.
  • Hear more from Grigore about the opportunity Atlas Air Service sees for Gogo Galileo and the compact HDX antenna for smaller aircraft operating in Europe.

Galileo Expands Collaboration with The Bancorp to Offer Real-Time Payments via The Clearing House

Retrieved on: 
Monday, March 4, 2024

Real-time payments are available any time of day, year-round, ensuring the instant availability of funds even when traditional methods such as ACH and wires are unavailable.

Key Points: 
  • Real-time payments are available any time of day, year-round, ensuring the instant availability of funds even when traditional methods such as ACH and wires are unavailable.
  • Businesses can offer real-time payments to their customers via Galileo and The Bancorp.
  • Enhanced Customer Satisfaction: The speed and convenience of real-time payments significantly enhance the customer experience, eliminating delays in payments.
  • “With this integration between The Bancorp and Galileo, we can offer a swift, efficient way to ensure faster money movement today.”

Cosmology Raises $5M to Simplify Web3 Application Development

Retrieved on: 
Thursday, March 7, 2024

SAN FRANCISCO, March 7, 2024 /PRNewswire/ -- Cosmology, the tech suite that enables developers to build Web3 apps in the Cosmos ecosystem, has closed its $5M seed round, co-led by Galileo and Lemniscap with participation from Dispersion, Hashkey, Tuesday Capital, the Osmosis Foundation, Chorus One, Informal Systems, and angels including Kevin Lin, Zaki Manian, Leland Lee, and Ethan Beard. As an official part of the Interchain Stack, Cosmology empowers over 2,000 developers to build applications like dYdX, Osmosis, and Celestia. This funding allows Cosmology to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge.

Key Points: 
  • This funding allows Cosmology to support the growth of the interchain, and provide tools that make app development accessible without requiring deep technical blockchain knowledge.
  • "Having spent nearly three decades at the intersection of design and technology, I see the potential of Web3 and the need to lower the barriers to development," said Dan Lynch, Founder of Cosmology.
  • Cosmology's tools make the development of Web3 applications dramatically simpler for developers throughout the interchain and have been downloaded over 5 million times .
  • Cosmology is playing a pivotal role in enabling developers to incorporate Web3 elements in their applications, while circumventing the steep Web3 learning curve.