Mercedes

Autonomous Vehicles Will Drive Automotive Sensor Market Growth, Finds IDTechEx Research

Retrieved on: 
Wednesday, October 11, 2023

With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.

Key Points: 
  • With level 2 vehicles only requiring a single forward-facing radar, level 3 clearly creates a big opportunity for the automotive radar market.
  • IDTechEx's report "Automotive Radar 2024-2044: Forecasts, Technologies, Applications" finds that 70% of new vehicles are shipped with a forward-facing radar.
  • This seismic change in radar technology unlocks new performance and new value for this sensor with a long-established presence in the automotive market.
  • The automotive LiDAR market is currently very small, with only a handful of vehicles deploying this futuristic sensor.

Project Bike Tech Hires Jeff Donaldson as Executive Director to Lead Growth

Retrieved on: 
Monday, October 9, 2023

FRISCO, Colo., Oct. 9, 2023 /PRNewswire/ -- After a thorough search and vetting process, Project Bike Tech has hired Jeff Donaldson as its new Executive Director. Mr. Donaldson replaces Mercedes Ross, who held the position for 8 years and is transitioning into a new role in senior leadership with PBT as its National Development and Fundraising Director.

Key Points: 
  • FRISCO, Colo., Oct. 9, 2023 /PRNewswire/ -- After a thorough search and vetting process, Project Bike Tech has hired Jeff Donaldson as its new Executive Director.
  • "Jeff is the perfect person to continue and expand what Project Bike Tech has done since its inception," said Channing Nuss, President of Project Bike Tech's Board of Directors.
  • Mr. Donaldson is a 28-year bicycle industry veteran and uniquely qualified to navigate Project Bike Tech's ongoing growth trajectory.
  • Mercedes Ross oversaw an incredible period of expansion for Project Bike Tech during her years as Executive Director.

Bear Creek Mining Announces $9.5 Million Bought Deal Financing

Retrieved on: 
Thursday, September 28, 2023

VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Bear Creek Mining Corporation (TSXV: BCM) (BVL: BCM) (the “Company”) announces today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on bought deal basis 27,200,000 Units (the “Units”), at a price of $0.35 per Unit for gross proceeds of $9.5 million (the “Offering”). Each unit will be comprised of one common share of the Company (a “Common Share”) and one common share purchase warrant of the Company (“Warrant”). Each Warrant will be exercisable to acquire one common share of the Company (a “Warrant Share”) for a period of 60 months following the closing date of the Offering at an exercise price of $0.42 per Warrant Share, subject to adjustment in certain events.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Bear Creek Mining Corporation (TSXV: BCM) (BVL: BCM) (the “Company”) announces today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on bought deal basis 27,200,000 Units (the “Units”), at a price of $0.35 per Unit for gross proceeds of $9.5 million (the “Offering”).
  • Each unit will be comprised of one common share of the Company (a “Common Share”) and one common share purchase warrant of the Company (“Warrant”).
  • The Over-Allotment Option may be exercised in whole or in part to purchase Common Shares, Warrants or Units as determined by BMO.
  • The offering is expected to close on or about October 5, 2023 and is subject to the Company receiving all necessary regulatory approvals.

Sandstorm Gold Royalties Renews Credit Facility, Amends Mercedes Stream, Provides Corporate and Development Asset Updates

Retrieved on: 
Thursday, September 28, 2023

VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide various corporate and asset updates (all figures in U.S. dollars unless otherwise stated).

Key Points: 
  • VANCOUVER, BC, Sept. 28, 2023 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to provide various corporate and asset updates (all figures in U.S. dollars unless otherwise stated).
  • Sandstorm and its subsidiaries have agreed to amend the existing gold and silver stream agreements with Bear Creek (the "Restructuring Agreement").
  • Sandstorm will pay Bear Creek 25% of the spot price of gold for each gold ounce delivered by Bear Creek for both the Fixed Gold Deliveries and the Variable Gold Stream.
  • For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at [email protected] .

Treasure hunters pose a problem for underwater archaeological heritage

Retrieved on: 
Wednesday, September 27, 2023

Even so, they seem to have the same objective: the gold and silver of the Spanish Empire.

Key Points: 
  • Even so, they seem to have the same objective: the gold and silver of the Spanish Empire.
  • A surprise attack by the English wiped out the fleet, which was about to reach its destination.
  • The company Odyssey was sweeping the bottom of the sea in search of the wreck, even though this was a potentially delicate archaeological site.
  • In the end, they were forced to return everything and pay a large part of the court costs.

Archaeology provides context

    • Archaeological treasure hunters pose a problem not only for underwater archaeological heritage but also for heritage pieces and sites located on land.
    • Because of all this, the context in which archaeological remains appear is absolutely key.

The price of underwater conservation

    • The other big difference is that studying an underwater site is prohibitively expensive.
    • To begin with, highly specialised labour is needed, along with diving licences, underwater equipment, one or more boats, and very expensive excavation equipment that can vacuum up mud or sand from the seabed.
    • In land archaeology, shifts of 8 hours or more in length are normal – something unthinkable in underwater archaeology.
    • And making a profit by doing a good job of underwater archaeology is impossible because of the high costs associated with it.

That ship belongs to us

    • In theory, everything that falls into the jurisdictional waters of a given country or the nearby continental shelf belongs to that country, unless there is an international treaty involved.
    • In other words, if an American ship had sunk more than a hundred years ago in Spanish territorial waters, the remains would still belong to the United States – and vice versa.

Project Bike Tech Hires New Executive Director

Retrieved on: 
Tuesday, September 26, 2023

FRISCO, Colo., Sept. 26, 2023 /PRNewswire/ -- Project Bike Tech has hired Jeff Donaldson as its new Executive Director.

Key Points: 
  • FRISCO, Colo., Sept. 26, 2023 /PRNewswire/ -- Project Bike Tech has hired Jeff Donaldson as its new Executive Director.
  • "I'm very excited to join the team at Project Bike Tech," said new Executive Director of PBT Jeff Donaldson.
  • Mercedes Ross oversaw an incredible period of expansion for Project Bike Tech during her years as Executive Director.
  • "Jeff and I have worked together in the bike industry for over eight years," said Mercedes Ross, former Executive Director for Project Bike Tech.

Mercedes-Benz Teams up With Mastercard to Introduce Native In-Car Payments at the Pump: Pay by Fingerprint Directly in the Car With Mercedes pay+

Retrieved on: 
Monday, September 25, 2023

From now on, they can pay their fuel bill directly from their car using their fingerprint – simply, securely, and conveniently.

Key Points: 
  • From now on, they can pay their fuel bill directly from their car using their fingerprint – simply, securely, and conveniently.
  • Contactless payment via Mercedes me Fuel & Pay and fingerprint sensor is now possible at over 3,600 cooperating gas stations in Germany.
  • Fingerprint payments from the car will be extended soon to other vehicle-related services and to other European markets.
  • For more information from Mercedes-Benz Mobility, please visit: group-media.mercedes-benz.com and www.mercedes-benz-mobility.com/de/media-site/
    Read more: Mercedes pay CEO Nico Kersten discusses the evolution of in-car payments with the Mastercard Newsroom: https://www.mastercard.com/news/perspectives/2023/mercedes-pay-ceo-on-se...

From India To Nasdaq: Roadzen Secures Nasdaq Listing With $683 Million Equity Value

Retrieved on: 
Friday, September 22, 2023

The combined company will operate under the name Roadzen Inc., and its ordinary shares and warrants are expected to commence trading on Nasdaq today.

Key Points: 
  • The combined company will operate under the name Roadzen Inc., and its ordinary shares and warrants are expected to commence trading on Nasdaq today.
  • Built in India with a global vision, Roadzen has achieved a significant milestone by securing a pre-money equity value of $683 million.
  • Roadzen is expected to make its debut on Nasdaq today, with its ordinary shares trading on the Nasdaq Global Market under the symbol "RDZN" and its warrants trading on the Nasdaq Capital Market under the symbol "RDZNW".
  • Steve Carlson, Chairman of Roadzen, added, "Roadzen's Nasdaq listing signifies our commitment to reshaping the auto insurance industry through advanced AI technology.

Intellias Sees Software Shaping Major Changes in the Global Auto Industry

Retrieved on: 
Thursday, September 21, 2023

A growing number of electronic control units (ECUs), sensors and lines of software code also is increasing vehicle-manufacturing complexity and costs.

Key Points: 
  • A growing number of electronic control units (ECUs), sensors and lines of software code also is increasing vehicle-manufacturing complexity and costs.
  • To show how fully functional and efficient HMI ecosystems operate, including integrated hardware, middleware and software layers, Intellias has built one in a suitcase.
  • The Intellias Automotive Portable Kit is powered by industry-grade hardware and has all the features of a modern in-vehicle HMI system.
  • With its portable kit, Intellias is able to exhibit its multiple-layer skills and capabilities for creating cutting-edge digital cockpits for electric vehicles.

The Inner Circle Acknowledges, Elizabeth Weyerman as a Top Pinnacle Professional for her contributions to the field of Law

Retrieved on: 
Monday, September 18, 2023

TRUSSVILLE, Ala., Sept. 18, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Elizabeth Weyerman is acknowledged as a Top Pinnacle Professional for her contributions to the field of Law.

Key Points: 
  • TRUSSVILLE, Ala., Sept. 18, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Elizabeth Weyerman is acknowledged as a Top Pinnacle Professional for her contributions to the field of Law.
  • She has continued to pursue further education by earning various certifications as well as a Doctor of Jurisprudence from Samford University's Cumberland School of Law.
  • Touting more than three years in the field, Ms. Elizabeth Weyerman is an associate attorney with Beasley, Allen, Crow, Methvin, Portis & Miles, P.C., and specializes in toxic tort representation.
  • Excelling at her specialty, she has represented a variety of plaintiffs in Camp Lejeune; personal injury; and water pollution cases.