Mitsubishi Electric

Haiqu raises $4 million in pre-seed funding to boost adoption of near-term quantum computing

Retrieved on: 
Tuesday, June 6, 2023

"We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible," said Richard Givhan, co-founder and CEO at Haiqu.

Key Points: 
  • "We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible," said Richard Givhan, co-founder and CEO at Haiqu.
  • "We firmly believe that the future of quantum computing will fundamentally change the way we are able to solve meaningful problems.
  • "Haiqu caught our attention with their optimization software that boosts quantum hardware to solve practical industry problems.
  • Given the scarcity of quantum talent, this provides the startup access to some of the world's leading talent pools in quantum and software engineering.

Haiqu raises $4 million in pre-seed funding to boost adoption of near-term quantum computing

Retrieved on: 
Tuesday, June 6, 2023

"We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible," said Richard Givhan, co-founder and CEO at Haiqu.

Key Points: 
  • "We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible," said Richard Givhan, co-founder and CEO at Haiqu.
  • "We firmly believe that the future of quantum computing will fundamentally change the way we are able to solve meaningful problems.
  • "Haiqu caught our attention with their optimization software that boosts quantum hardware to solve practical industry problems.
  • Given the scarcity of quantum talent, this provides the startup access to some of the world's leading talent pools in quantum and software engineering.

ICONICS, Inc. to Wholly Acquire ICONICS UK, Ltd.

Retrieved on: 
Friday, June 2, 2023

Mitsubishi Electric Corporation (TOKYO:6503) announced today that its wholly owned subsidiary ICONICS, Inc. has formally agreed to wholly acquire ICONICS UK, Ltd., which sells supervisory control and data acquisition (SCADA) software and develops related cloud applications.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO:6503) announced today that its wholly owned subsidiary ICONICS, Inc. has formally agreed to wholly acquire ICONICS UK, Ltd., which sells supervisory control and data acquisition (SCADA) software and develops related cloud applications.
  • Mitsubishi Electric wholly acquired ICONICS, Inc. in 2019 to strengthen its global software-development capabilities.
  • ICONICS UK, the distributor of ICONICS products in the UK, has its own cloud application development and SaaS business.
  • Mitsubishi Electric and ICONICS plan to leverage ICONICS UK's technology and know-how to establish a Circular Digital-Engineering business model for factory-automation solutions that optimize factory equipment and systems.

Mitsubishi Electric Develops SBD-embedded SiC-MOSFET with New Structure for Power Modules

Retrieved on: 
Thursday, June 1, 2023

as well as make them more energy efficient, and contribute to carbon neutrality through the increased adoption of DC power transmission.

Key Points: 
  • as well as make them more energy efficient, and contribute to carbon neutrality through the increased adoption of DC power transmission.
  • SiC power semiconductors are attracting attention with their capacity to significantly reduce power loss.
  • Mitsubishi Electric, which commercialized SiC power modules equipped with SiC-MOSFETs and SiC-SBDs in 2010, has adopted SiC power semiconductors for a variety of inverter systems, including air conditioners and railways.
  • It is expected to be widely used in large industrial equipment such as railways and electric power systems.

Mitsubishi Electric Chooses IPfolio from Clarivate

Retrieved on: 
Thursday, June 1, 2023

LONDON, June 1, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform the world, announced today that Mitsubishi Electric Corporation has chosen IPfolio™ from Clarivate to optimize management of its intellectual property (IP) operations. With the implementation of this solution, Mitsubishi Electric has been able to reform its IP operations by improving IP work quality and efficiency, achieving seamless communication and enhancing IP strategic activities.

Key Points: 
  • LONDON, June 1, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform the world, announced today that Mitsubishi Electric Corporation has chosen IPfolio™ from Clarivate to optimize management of its intellectual property (IP) operations.
  • With the implementation of this solution, Mitsubishi Electric has been able to reform its IP operations by improving IP work quality and efficiency, achieving seamless communication and enhancing IP strategic activities.
  • Gordon Samson, President, Intellectual Property, Clarivate, said, "We are very pleased to help Mitsubishi Electric drive innovation while effectively managing and protecting its critical IP assets.
  • The implementation at Mitsubishi Electric is another great outcome from our mission to advance the success of people and organizations."

Mitsubishi Electric Chooses IPfolio from Clarivate

Retrieved on: 
Thursday, June 1, 2023

LONDON, June 1, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform the world, announced today that Mitsubishi Electric Corporation has chosen IPfolio™ from Clarivate to optimize management of its intellectual property (IP) operations. With the implementation of this solution, Mitsubishi Electric has been able to reform its IP operations by improving IP work quality and efficiency, achieving seamless communication and enhancing IP strategic activities.

Key Points: 
  • LONDON, June 1, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform the world, announced today that Mitsubishi Electric Corporation has chosen IPfolio™ from Clarivate to optimize management of its intellectual property (IP) operations.
  • With the implementation of this solution, Mitsubishi Electric has been able to reform its IP operations by improving IP work quality and efficiency, achieving seamless communication and enhancing IP strategic activities.
  • Gordon Samson, President, Intellectual Property, Clarivate, said, "We are very pleased to help Mitsubishi Electric drive innovation while effectively managing and protecting its critical IP assets.
  • The implementation at Mitsubishi Electric is another great outcome from our mission to advance the success of people and organizations."

Demand-response Demonstration Experiment with Heat Pumps Begins under EU "REACT" Project

Retrieved on: 
Wednesday, May 31, 2023

The project, which is co-funded by the European Union Horizon 2020 programme, will use heat pump systems deployed at the Aran Islands in Ireland, and San Pietro Island in Italy.

Key Points: 
  • The project, which is co-funded by the European Union Horizon 2020 programme, will use heat pump systems deployed at the Aran Islands in Ireland, and San Pietro Island in Italy.
  • Remote islands face geographical and structural challenges due to their high dependence on fossil fuels and energy supplies from the mainland.
  • The REACT islands are expected to make maximum use of renewable energy to achieve an increased level of energy independence.
  • REACT is an Innovation Action project involving 22 partners including companies and academic institutions from 11 EU countries.

Mitsubishi Electric and Mitsubishi Heavy Industries Definitively Agree to Integrate Their Power-generator Systems Businesses

Retrieved on: 
Monday, May 29, 2023

Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that they have reached a definitive agreement to integrate their power-generator systems businesses under a joint venture.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that they have reached a definitive agreement to integrate their power-generator systems businesses under a joint venture.
  • As previously announced , the two firms agreed in principle last December 26 on a plan to transfer their respective businesses focused on power-generator systems to a proposed joint-venture company, which Mitsubishi Electric and Mitsubishi Heavy Industries will both be the shareholder, effective April 1, 2024.
  • Today, the two companies have signed definitive agreements specifying the terms and conditions of integrating their power-generator systems businesses, the details of which are outlined below.
  • In the midst of such market changes, Mitsubishi Electric and Mitsubishi Heavy Industries have agreed to integrate related businesses, technologies and assets to enhance market competitiveness.

Programmable Logic Controller (PLC) Market Size to Grow by USD 3,289.73 million from 2022 to 2027, The demand for PLCs in renewable power generation to boost the growth - Technavio

Retrieved on: 
Friday, May 26, 2023

The demand for PLCs in renewable power generation to drive market growth during the forecast period.

Key Points: 
  • The demand for PLCs in renewable power generation to drive market growth during the forecast period.
  • As a result of the improvements in power generation technology and regulatory support for renewable energy projects, both solar and wind power have seen rapid growth.
  • Therefore, these factors will be a major challenge for the growth of the global programmable logic controller market during the forecast period.
  • The increasing demand for compact automation solutions is one of the key factors driving the global programmable logic controller (PLC) market growth in Asia-Pacific.

Coherent and Mitsubishi Electric Enter Into a Collaboration to Scale Manufacturing of SiC Power Electronics on a 200 mm Technology Platform

Retrieved on: 
Friday, May 26, 2023

The high efficiency of SiC power devices is expected to be a significant contributor to global decarbonization and the green transformation.

Key Points: 
  • The high efficiency of SiC power devices is expected to be a significant contributor to global decarbonization and the green transformation.
  • Under the MOU, Coherent will develop a supply of 200 mm n-type 4H SiC substrates for Mitsubishi Electric’s future SiC power devices manufactured at the new facility.
  • Over the years, Mitsubishi Electric has led the SiC power module markets for high-speed trains, high-voltage industrial applications, and home appliances.
  • Through the rapidly growing demand for SiC power devices, Coherent and Mitsubishi Electric will accelerate their contribution to sustainable energy consumption and the decarbonization of society.