ABS

Autoliv to launch its first motorcycle airbag in 2025

Retrieved on: 
Friday, June 2, 2023
Urbanization, Anti-lock braking system, Research, Organization, ABS, SSE, Risk, NCAP, Crash, ASR, NYSE, Safety, Motorcycle, Road, Instrumentation, Transport, Autoliv

The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025.

Key Points: 
  • The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025.
  • The bag-on-bike airbag can significantly reduce the risk of serious injury for powered two-wheeler riders in frontal crashes.
  • "Autoliv is committed to our vision of Saving More Lives and to providing world class life-saving solutions for mobility and society.
  • The Autoliv bag-on-bike airbag system will include an airbag and an optional in-house-developed electronic crash sensor to complete the system," said Jordi Lombarte, Chief Technical Officer, Autoliv.

Autoliv to launch its first motorcycle airbag in 2025

Retrieved on: 
Friday, June 2, 2023
Urbanization, Anti-lock braking system, Research, Organization, ABS, SSE, Risk, NCAP, Crash, ASR, NYSE, Safety, Motorcycle, Road, Instrumentation, Transport, Autoliv

The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025.

Key Points: 
  • The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025.
  • The bag-on-bike airbag can significantly reduce the risk of serious injury for powered two-wheeler riders in frontal crashes.
  • "Autoliv is committed to our vision of Saving More Lives and to providing world class life-saving solutions for mobility and society.
  • The Autoliv bag-on-bike airbag system will include an airbag and an optional in-house-developed electronic crash sensor to complete the system," said Jordi Lombarte, Chief Technical Officer, Autoliv.

Chimera Declares Second Quarter 2023 Preferred Stock Dividends

Retrieved on: 
Thursday, June 1, 2023
Construction & Property, Professional Services, REIT, Finance, Lender option borrower option, Classification, Coronavirus, Disclosure, Forest Law Enforcement and Governance Program, RMBS, Investment Company Act of 1940, Materiality, Risk, ABS, Trust, Investment, Annual report, Sumathi Best Television Current Reporting Award, Security (finance), Holding company, COVID-19, Chimera

The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.

Key Points: 
  • The Board of Directors of Chimera announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its second quarter cash dividend of $0.484375 per share of 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its second quarter cash dividend of $0.50 per share of 8% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.

KBRA Releases Research – European Auto ABS: Accelerating Towards Green

Retrieved on: 
Wednesday, May 31, 2023
Professional Services, Automotive, Insurance, Finance, Banking, Fleet Management, KBRA, BEV, Disclosure, ESG, ABS, OEM, Bev, CO2, Carbon

The market achieved its first green auto ABS deal in February 2023 with a transaction that exclusively contained hybrid- and electric-powered vehicle backed loans sold to investors.

Key Points: 
  • The market achieved its first green auto ABS deal in February 2023 with a transaction that exclusively contained hybrid- and electric-powered vehicle backed loans sold to investors.
  • However, on further examination of recent European auto ABS transactions, there appears that a steady greening progression was already underway.
  • In this report, KBRA examines the increased use of alternative energy (which includes hybrid and BEVs) vehicles in securitisation transactions.
  • A green discount does not exist in European auto ABS as there currently appears to be no significant differentiation in pricing between those containing greener and those with fully traditional powered auto collateral.

Videojet Introduces Two New Non-CMR Inks for Food and Beverage Packaging

Retrieved on: 
Wednesday, May 31, 2023
Technology, Other Retail, Chemicals, Plastics, Other Technology, Specialty, Manufacturing, Food, Beverage, Hardware, Retail, Consumer Electronics, Social responsibility, Carcinogen, Aluminium, Printing, Refrigeration, PET, Vegetable, MEK, Ink, Fruit, ABS, Mutagen, Freezing, CIJ, Pasteurization, Meat, Glass, Safety, 3D printing, Danaher Corporation

As more local regulations and manufacturers restrict ink formulations for printing codes on food and beverage packaging , Videojet is offering these two new inks that are free of CMRs (carcinogens, mutagens and reproductive toxins).

Key Points: 
  • As more local regulations and manufacturers restrict ink formulations for printing codes on food and beverage packaging , Videojet is offering these two new inks that are free of CMRs (carcinogens, mutagens and reproductive toxins).
  • Ideal for high-speed food canning applications where retort evidence is desired, non-MEK (methyl ethyl ketone) V4278 ink is engineered for printing on food cans prior to the retort process with current Videojet continuous inkjet (CIJ) printers.
  • This process uses steam to cook cans at high temperatures to preserve vegetables, fruit, soup, sauce, baby food, meat, fish, ready-to-eat meals and pet food.
  • Both inks are engineered to run in qualified Videojet CIJ printers , like the Videojet 1880 , to print high-quality text, codes, dates, logos and bar codes in continuous production environments.

ABS Wavesight and Ascenz Marorka Collaborate to Digitalize Saudi Arabia’s Oil & Gas Sector

Retrieved on: 
Wednesday, May 31, 2023
Maritime, Energy, Transport, Oil, Gas, NS, Learning, Heart, Software as a service, Digital, ABS, GTT, Shipbuilding, Management

The collaboration will combine ABS Wavesight’s Nautical Systems ™ with Ascenz Marorka’s Smart Electronic Fuel Monitoring System (EFMS) to help businesses in these sectors gain comprehensive insight into every aspect of their operations.

Key Points: 
  • The collaboration will combine ABS Wavesight’s Nautical Systems ™ with Ascenz Marorka’s Smart Electronic Fuel Monitoring System (EFMS) to help businesses in these sectors gain comprehensive insight into every aspect of their operations.
  • “At ABS Wavesight, we are firm believers that the future of maritime will be built on collaboration: across sectors and between industry leaders,” said Paul Sells, Chief Executive Officer at ABS Wavesight.
  • ABS Wavesight’s Nautical Systems will enable best-in-class voyage optimization and management tools, supported by NS eLogs ™, the company’s powerful digital logbook solution.
  • Ascenz Marorka’s on- and off-board Smart EFMS —approved by global oil majors—will round out the combined offering with accurate, comprehensive and insightful fuel consumption and performance monitoring.

Nextpoint Law Group Launches Legal Services Practice at the Pivotal Intersection of Law, Data and Technology

Retrieved on: 
Tuesday, May 30, 2023
Professional services, ABS, Madhava, Data collection, Hansot, Partner (business rank), Lawyer, Private law, Consultant, Pharmaceutical industry, Sales, Construction, Practice of law

CHICAGO, May 30, 2023 /PRNewswire-PRWeb/ -- Nextpoint understands the value of pairing advanced software solutions with top-tier legal services. It's what we've learned over the past 20 years as a leading provider of cloud-based legal technology. Today, we're excited to announce Nextpoint is expanding its service offerings with Nextpoint Law Group, an Arizona ABS law firm offering data-driven solutions for litigation.

Key Points: 
  • Nextpoint launches Arizona-based Nextpoint Law Group, an ABS law firm specializing in data-driven legal services with a keen understanding of how law, data and technology intersect.
  • Today, we're excited to announce Nextpoint is expanding its service offerings with Nextpoint Law Group , an Arizona ABS law firm offering data-driven solutions for litigation.
  • "Nextpoint Law Group is building on this foundation to provide tech-enabled legal services to law firms and corporate legal departments of all sizes.
  • "Nextpoint Law Group gives our legal department and law firm customers an elastic, on-demand option to support their efforts," said Andrew Greene, Managing Partner of Nextpoint Law Group.

American Battery Solutions, Inc. Demonstrates 9540A Module-level Compliance for TeraStor™ SuperCell Assembly

Retrieved on: 
Thursday, May 25, 2023
Architecture, American Battery Technology Company, ESS, Intertek, ABS, Supercell, Cell, FRA, Safety, Electric battery, Engineering

This represents a critical milestone in demonstrating the unparalleled inherent safety of the TeraStor™ system architecture.

Key Points: 
  • This represents a critical milestone in demonstrating the unparalleled inherent safety of the TeraStor™ system architecture.
  • The rigorous testing process was executed on a set of five SuperCells containing 90 individual cells in ABS ESS’ robust proprietary configuration.
  • The way this architecture prevents cell-to-cell propagation is an industry-first,” said Greg Tremelling, ABS ESS Vice President of Engineering.
  • For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit https://www.americanbatterysolutions.com/ess/ess-home.

New record set: Porsche Financial Services, Inc. places $1.04 billion ABS issuance in the USA

Retrieved on: 
Thursday, May 25, 2023
IPO, SEC Rule 144A, Asset-backed security, PFS, ABS, Bank of America, Investment, Bank, Wells Fargo, Environment, J. P. Morgan, Financial services, Security (finance), Porsche

Atlanta, May 25, 2023 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc., headquartered in Atlanta, Georgia, has issued Asset Backed Securities (ABS) in the USA with a principal amount of $1.04 billion.

Key Points: 
  • Atlanta, May 25, 2023 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc., headquartered in Atlanta, Georgia, has issued Asset Backed Securities (ABS) in the USA with a principal amount of $1.04 billion.
  • Porsche Financial Services is an indirect, wholly owned subsidiary of German luxury car maker Dr. Ing.
  • Porsche Financial Services, Inc. (PFS) has issued ABS offerings since 2011 in the USA.
  • “To break our own record in such a competitive market is a pleasing result”, Tobias Hausladen, Treasurer & Chief Financial Officer, Porsche Financial Services, Inc., explained.

American Battery Solutions, Inc. Confirms Exceptional Reliability of TeraStor™ BESS System with Third-party Analysis

Retrieved on: 
Wednesday, May 24, 2023
SRA, Reliant, Iconectiv, ABS, American Battery Technology Company, Architecture, Electric battery

BOSTON, May 24, 2023 (GLOBE NEWSWIRE) -- American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the extraordinary outcomes of a reliability analysis performed by Reliant Labs (Reliant) in Sunnyvale, CA.

Key Points: 
  • BOSTON, May 24, 2023 (GLOBE NEWSWIRE) -- American Battery Solutions, Inc.’s Energy Storage Solutions division (ABS ESS), manufacturer of the ultra-high-density TeraStor™ lithium-ion battery energy storage platform, today announced the extraordinary outcomes of a reliability analysis performed by Reliant Labs (Reliant) in Sunnyvale, CA.
  • The comprehensive elective evaluation of the TeraStor™ architecture demonstrates the company’s commitment to delivering large-scale energy storage solutions that outpace the industry in value.
  • “A system reliability analysis (SRA) evaluates and quantifies the fault-tolerant architecture, redundancy for critical system components, efficient fault detection and recovery mechanisms,” said Reliant President Chase Wurz.
  • For more information on American Battery Solutions’ Energy Storage Division and the 7.2 MWh (600MWh/acre) TeraStor™, please visit https://www.americanbatterysolutions.com/ess/ess-home.