Mobility

NoTraffic Granted US Patent Approval for its V2X Connectivity Technology, Bridging the Gap Between Connected and Non-Connected Vehicles

Retrieved on: 
Wednesday, February 14, 2024
TSP, Bus, Algorithm, MAP, EVP, AI, Radar, TEL, Transport, Patent, Entrepreneurship, Communication, Safety, City, Mobility, USDOT, Satellite navigation device

TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ -- NoTraffic, the developer of the world's leading mobility platform, today announced the issuance of U.S. patent WO2019220353A2 by the United States Patent and Trademark Office (USPTO) for its innovative Vehicle-to-Everything (V2X) technology.

Key Points: 
  • Additionally, they have announced the initial allocation of $40 million to support these efforts as part of the ' Saving Lives with Connectivity: Accelerating V2X Deployment ' initiative.
  • This substantial investment and focused expansion strategy underscores the growing importance of V2X technology in enhancing public safety.
  • With V2X connectivity already embedded into the NoTraffic platform, traffic operators can easily activate various V2X applications with a single click, eliminating the need for separate, dedicated hardware.
  • Current V2X technologies rely on the mass adoption of connected vehicles, and excludes non-connected road users including VRUs.

Intelligent Transportation Systems Global Market Report 2024 - Market Poised to Reach $52.23 Billion by 2028

Retrieved on: 
Tuesday, February 13, 2024
Vix Technology, ITS, Artificial intelligence, Maas, Investment, Transport, Internet of things, Growth, ADAS, MyBus, Data analysis, Safety, Forecasting, Mobility, Intelligent transportation system, Partnership, Renewable energy

DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.
  • The latest market insights reveal that the Intelligent Transportation Systems (ITS) industry is on a robust upward trajectory, with anticipated growth from $35.52 billion in 2024 to $52.23 billion by 2028.
  • The report provides an exhaustive analysis of the global ITS market, including sectorial performance, regional market shares, and projections for future industry developments.
  • The Intelligent Transportation Systems market is advancing at an impressive pace, with technological innovations and strategic industry maneuvers contributing to the market's growth and diversification.

Wandercraft's self-balancing exoskeleton receives second FDA clearance in less than a year, now indicated for rehabilitation in patients with spinal cord injury

Retrieved on: 
Tuesday, February 13, 2024
CVA, Robotics, SCI, Research, Doctor of Philosophy, Ankle, Atalante, Kessler Foundation, FDA, News, Stroke, TIM, Safety, Tetraplegia, Patient, Neurostimulation, Rehabilitation, Mobility, T5, Gait, Medical device

NEW YORK – 13 February 2024 -- Wandercraft, the developer of the world's first self-balancing robotic exoskeleton that enables people with limited mobility to stand up and walk again, announced today that it has received FDA clearance for Atalante X for rehabilitation in individuals with spinal cord injuries (SCI) at levels T5 to L5.

Key Points: 
  • Matthieu Masselin, CEO of Wandercraft, commented, “Today’s FDA clearance for individuals with spinal cord injuries speaks volumes about the amazing possibilities for Atalante X.
  • The unique ankle motion, combined with intelligent self-balancing technology, means that patients can experience the benefits of once-again walking in a rehabilitation setting.
  • “At Kessler, we are committed to researching promising advances in robotics technology that offer innovative approaches to improving functional recovery.
  • Evaluation of safety and performance of the self balancing walking system Atalante in patients with complete motor spinal cord injury.

TELUS reports operational and financial results for fourth quarter 2023; announces 2024 financial targets

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Friday, February 9, 2024
Internet, Agriculture, Health, Final good, Workforce, EPS, Fastest, Tax, Connected Devices, CFO, News, PCMag, Acquisition, Culture, TSX, Telus International, Today, AI, Growth, Investment, Common, LifeWorks, Mobility, Consolidated, Telus Corporation, Reader, TELUS, Public expenditure, Depreciation, Digital, Face, Rationalization, Marketing, Environment, Telus Health, Connected, ISP, Opensignal, Video game

See Fourth Quarter 2023 Operating Highlights within this news release for a discussion on TTech and DLCX results.

Key Points: 
  • See Fourth Quarter 2023 Operating Highlights within this news release for a discussion on TTech and DLCX results.
  • "Today, TI reported its fourth quarter and full-year 2023 results that featured solid revenue growth, notwithstanding a continued challenging operating environment.
  • Furthermore, in 2024, we anticipate improving financial contributions from TELUS International, as well as from TELUS Health and TELUS Agriculture & Consumer Goods," Doug concluded.
  • Digital health transactions in the fourth quarter of 2023 were 157.9 million, up 3.7 per cent over the fourth quarter of 2022.

AECC and GSMA Intelligence Unveil Research on Edge Computing’s ROI Opportunity

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Thursday, February 8, 2024
Software, Networks, Internet, Data Management, Technology, Apps, Applications, IOT (Internet of Things), Mobile, Wireless, Cloud, Mobility as a service, AECC, Pocs, POC, Organization, Toyota, Ecosystem, Mobile network operator, Investment, Monolithic kernel, Mobility, Original equipment manufacturer, Chair, City, Engineering, Internet of things, Maas, GSMA, ROI, HD, Intelligence, Research, Cross

The Automotive Edge Computing Consortium (AECC) today announced the release of groundbreaking edge computing research in collaboration with GSMA Intelligence titled Edge: Coming to a Place Near You .

Key Points: 
  • The Automotive Edge Computing Consortium (AECC) today announced the release of groundbreaking edge computing research in collaboration with GSMA Intelligence titled Edge: Coming to a Place Near You .
  • Along with this research, the AECC also announced the appointment of Dr. Ryokichi Onishi , a Principal Engineer and General Manager at Toyota Motor Corporation, to AECC President and Chair.
  • The research reveals a robust expansion in the demand for edge computing, primarily fueled by enterprises undergoing digital transformation.
  • An impressive 73% of surveyed companies across five industries express their intent to increase edge investments over the next 12 months,” said GSMA Intelligence Head of Research Tim Hatt.

Frost & Sullivan Recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award for Delivering Futuristic and Highly Tailored Automotive Products and Services

Retrieved on: 
Thursday, February 8, 2024
SAN, Trust, Express, EV, Mobility, African, Lubricant, Legislation, Intelligence, Frost, Retail

SAN ANTONIO, Feb. 8, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the automotive quick services industry and, based on its findings, recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award. Petromin is a global leading Saudi Arabian organization that offers innovative, sustainable, and reliable automotive services in over 40 countries.

Key Points: 
  • Petromin Express is revolutionizing the automotive quick services industry through its tailored automotive products and services, pioneering strategies, and sustainable practices with a deeply customer-centric mindset.
  • SAN ANTONIO, Feb. 8, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the automotive quick services industry and, based on its findings, recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award.
  • Petromin is a global leading Saudi Arabian organization that offers innovative, sustainable, and reliable automotive services in over 40 countries.
  • Petromin capitalizes on the tremendous growth opportunities in the automotive quick services industry by leveraging a rich portfolio of services and products.

Frost & Sullivan Recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award for Delivering Futuristic and Highly Tailored Automotive Products and Services

Retrieved on: 
Thursday, February 8, 2024
SAN, Trust, Express, EV, Mobility, African, Lubricant, Legislation, Intelligence, Frost, Retail

SAN ANTONIO, Feb. 8, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the automotive quick services industry and, based on its findings, recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award. Petromin is a global leading Saudi Arabian organization that offers innovative, sustainable, and reliable automotive services in over 40 countries.

Key Points: 
  • Petromin Express is revolutionizing the automotive quick services industry through its tailored automotive products and services, pioneering strategies, and sustainable practices with a deeply customer-centric mindset.
  • SAN ANTONIO, Feb. 8, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the automotive quick services industry and, based on its findings, recognizes Petromin Express with the 2023 Saudi Arabian Competitive Strategy Leadership Award.
  • Petromin is a global leading Saudi Arabian organization that offers innovative, sustainable, and reliable automotive services in over 40 countries.
  • Petromin capitalizes on the tremendous growth opportunities in the automotive quick services industry by leveraging a rich portfolio of services and products.

WEX Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 8, 2024
Technology, Mobile, Wireless, Finance, Banking, Professional Services, Networks, Retail, Data Management, Online Retail, EPS, Table, GAAP, HSA, Element, Mobility, Internet, Uncertainty, Disclosure, EV, NYMEX, Health, Total, Acquisition, Software as a service, Webcast, Conference, Video game

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months and year ended December 31, 2023.

Key Points: 
  • WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months and year ended December 31, 2023.
  • GAAP operating income margin was 23.9% in the fourth quarter of 2023 compared to 25.1% for the prior year comparable period.
  • Adjusted operating income margin was 39.6% in the fourth quarter of 2023 compared to 38.5% for the prior year comparable period.
  • During the fourth quarter of 2023 the Company repurchased 870 thousand shares of its stock for a total cost of approximately $150 million.

Mitsubishi Corporation, KDDI CORPORATION, Lawson, Inc. have entered into the Capital Business Partnership Agreement

Retrieved on: 
Tuesday, February 6, 2024
Partnership, ATM, KDDI, Travel, Projection, Ageing, Environment, COVID 19, Mobility, Digital, Food, Food court, COVID, CO2, Data analysis, PET, Education, Health care, Insurance, Mitsubishi Corporation, Digital technology, PB, Health, Retail

Lawson and KDDI will merge their real touchpoints (Lawson stores: approximately 14,600, au Style/au shop stores: approximately 2,200) to establish large real-store networks in Japan.

Key Points: 
  • Lawson and KDDI will merge their real touchpoints (Lawson stores: approximately 14,600, au Style/au shop stores: approximately 2,200) to establish large real-store networks in Japan.
  • This will enable Lawson to expand its store network and enhance its functionalities, aiming for further improvement in customer convenience.
  • - Developing services for KDDI and Lawson customers to provide good shopping deals, expanding customer visits to Lawson stores.
  • KDDI is expanding into a wide range of business areas including mobile telecommunications as core business, as well as banking, insurance, education, travel, and delivery services.

EQS-News: Knorr-Bremse sells Kiepe Electric to Heramba

Retrieved on: 
Tuesday, February 6, 2024
BOOST, Electronics, KBX, Transport, Mobility, Safety, Knorr-Bremse, Urbanization, Acquisition, Sale, EUR, Motivation, Digitalization

Munich, February 6, 2024 – Knorr-Bremse has sold Kiepe Electric, based in Düsseldorf, to Heramba.

Key Points: 
  • Munich, February 6, 2024 – Knorr-Bremse has sold Kiepe Electric, based in Düsseldorf, to Heramba.
  • Overall, however, only a small amount of synergy could be achieved between Kiepe Electric and the Rail Vehicle Systems division, which is why we made the decision to separate from Kiepe Electric.
  • With the sale of Kiepe Electric, we have now reached another important milestone, and Kiepe Electric will be able to focus clearly on its own strengths and business”.
  • The transaction consists of the acquisition of all Kiepe Electric business activities and all employees by Heramba GmbH, based in Berlin.