MAG

Verizon-ADOT and MAG pilot program wins transportation award in emerging technology category

Retrieved on: 
Wednesday, April 3, 2024

PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Verizon Public Sector today announced that its pilot program with the Arizona Department of Transportation (ADOT) and the Maricopa Association of Governments has won a Transportation Systems Management and Operations (TSMO) Award in the Emerging Trends and Technologies category.

Key Points: 
  • PHOENIX, April 03, 2024 (GLOBE NEWSWIRE) -- Verizon Public Sector today announced that its pilot program with the Arizona Department of Transportation (ADOT) and the Maricopa Association of Governments has won a Transportation Systems Management and Operations (TSMO) Award in the Emerging Trends and Technologies category.
  • The pilot program tested a new vehicle-to-everything (V2X) technology in Maricopa County, Arizona.
  • “The award is a testament to the viability of this technology.”
    The pilot program, a partnership between Verizon Public Sector, ADOT and the Maricopa Association of Governments (MAG), tested the potential of utilizing V2X capabilities to deliver time-sensitive safety information between vehicles on Arizona’s interstate and state highway systems.
  • For more information on the pilot program, which ran from December 2021 to May 2022, visit our site .

McGovern Auto Group Opens the Largest Dealer-Owned Collision Center in the USA! Raising the Bar for Auto Body Repair

Retrieved on: 
Tuesday, April 9, 2024

SHREWSBURY, Mass., April 9, 2024 /PRNewswire/ -- McGovern Auto Group (MAG), the leading automotive retailer in the Northeast, today announced the grand opening of the MAG Collision Center, McGovern's new flagship body shop that promises to reshape collision repair services across Massachusetts and beyond. Located at 420 Boston Turnpike in Shrewsbury, the state-of-the-art, 75,000 square foot facility cements McGovern's position as the foremost automotive group in the region while delivering customers access to unrivaled auto body repair and paint services.

Key Points: 
  • As the single largest auto body shop in the Northeast and the biggest dealer - owned collision center nationwide, the MAG Collision Center represents a multimillion-dollar investment in McGovern's depth in auto repair in the Northeast.
  • Beyond resources, McGovern has furnished the facility with next-generation equipment, materials, and processes to truly optimize and modernize collision services.
  • "Today is an important milestone, not just for McGovern auto , but also for every driver needing collision repairs or a fresh paint job," said Matt McGovern, CEO of McGovern Auto Group.
  • The MAG Collision Center will also be home to McGovern's transport and vehicle mobility division, McGovern Transport, housing its fleet of 14 trucks.

MAG Silver Provides Notice of Updated Juanicipio Technical Report

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Monday, March 25, 2024

VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that it will release results from its updated Juanicipio Technical Report (the “Report”) on Wednesday, March 27, 2024.

Key Points: 
  • VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that it will release results from its updated Juanicipio Technical Report (the “Report”) on Wednesday, March 27, 2024.
  • A conference call will be held to discuss the results of the Report on Wednesday, March 27, 2024 at 8:15 a.m. Eastern Time.

MAG Silver Reports Preliminary 2024 Juanicipio Guidance

Retrieved on: 
Tuesday, March 5, 2024

VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, “MAG Silver”, or the “Company”) reports preliminary 2024 guidance for the high-grade Juanicipio Mine jointly owned by Fresnillo plc (“Fresnillo”) (56%) and MAG (44%).

Key Points: 
  • VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, “MAG Silver”, or the “Company”) reports preliminary 2024 guidance for the high-grade Juanicipio Mine jointly owned by Fresnillo plc (“Fresnillo”) (56%) and MAG (44%).
  • Robust silver head grade: As reported by Fresnillo, the project operator, silver head grade at Juanicipio is expected to range between 380 grams per tonne (g/t) and 420 g/t for 2024, translating to significant silver production potential.
  • Technical report on track: MAG remains on schedule to publish its updated technical report by the end of Q1 2024, providing more definitive guidance and solidifying our outlook for the Juanicipio Mine
    “Following a very successful start-up and ramp-up phase in 2023, the Juanicipio Mine is now operating at steady-state with robust silver grades and operations beginning to benefit from increasing efficiencies,” said George Paspalas, President and CEO of MAG.
  • “With the release of our updated technical report on the horizon, we're eager to paint an even clearer picture of the exciting future ahead for Juanicipio and MAG Silver.”

FLEX LOGIX JOINS INTEL FOUNDRY USMAG ALLIANCE

Retrieved on: 
Tuesday, March 5, 2024

MOUNTAIN VIEW, Calif., March 5, 2024 /PRNewswire/ -- Flex Logix® Technologies, Inc., the leading supplier of embedded FPGA (eFPGA) IP and reconfigurable DSP/AI solutions, announced today that it has joined the Intel Foundry USMAG Alliance in support of US Defense Industrial Base and Government customers. Being a member of the USMAG Alliance assures our USMAG (Military/Aerospace/Government) customers have access to state-of-the-art IP on Intel Foundry's latest generation technology enabling successful designs for mission critical programs for years to come. Flex Logix is already a member of Intel Foundry Accelerator IP alliance with access to the latest Intel Foundry technology for our IPs.

Key Points: 
  • Flex Logix is already a member of Intel Foundry Accelerator IP alliance with access to the latest Intel Foundry technology for our IPs.
  • "As part of our IDM 2.0 strategy, Intel Foundry is collaborating with leading IP companies like Flex Logix to create a robust chip design ecosystem for our mutual customers and deliver leading-edge silicon performance for the most demanding applications," said Suk Lee, Vice President, Ecosystem Technology Office, Intel Foundry.
  • "I am pleased that Flex Logix is now a member of Intel Foundry Accelerator USMAG alliance, which will enable our Military Aerospace and Government (MAG) customers to get access to their industry-leading portfolio of IPs and software for reconfigurable chips with competitive DSP/AI performance leveraging the secure on-shore manufacturing enabled by Intel Foundry."
  • "By joining the Intel Foundry USMAG Alliance we are working with Intel Foundry in collaboration to ensure domestic customers creating our nation's critical military, aerospace and government applications can achieve their required security, design and manufacturing objectives using our IP and Software."

MAG WELCOMES MAIN CONTRACTORS TO BID FOR THE CONSTRUCTION OF KETURAH RESERVE

Retrieved on: 
Thursday, February 29, 2024

DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- MAG, one of the leading real estate developers in the UAE, has invited contractors to bid for the construction contract of Keturah Reserve, luxury residential development in Meydan, which offers transformational living through the design of space.

Key Points: 
  • DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- MAG, one of the leading real estate developers in the UAE, has invited contractors to bid for the construction contract of Keturah Reserve, luxury residential development in Meydan, which offers transformational living through the design of space.
  • The construction value of the project is valued at AED 2.8 billion.
  • Keturah Reserve will feature 93 townhouses, 90 villas, 533 units across six apartment block buildings.
  • In his comments, Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, said: "We look forward to appointing a main contractor for Keturah Reserve, a project that embodies the highest standards of luxury experiences coupled with the regional-first Bio Living.

MAG WELCOMES MAIN CONTRACTORS TO BID FOR THE CONSTRUCTION OF KETURAH RESERVE

Retrieved on: 
Thursday, February 29, 2024

DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- MAG, one of the leading real estate developers in the UAE, has invited contractors to bid for the construction contract of Keturah Reserve, luxury residential development in Meydan, which offers transformational living through the design of space.

Key Points: 
  • DUBAI, UAE, Feb. 29, 2024 /PRNewswire/ -- MAG, one of the leading real estate developers in the UAE, has invited contractors to bid for the construction contract of Keturah Reserve, luxury residential development in Meydan, which offers transformational living through the design of space.
  • The construction value of the project is valued at AED 2.8 billion.
  • Keturah Reserve will feature 93 townhouses, 90 villas, 533 units across six apartment block buildings.
  • In his comments, Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, said: "We look forward to appointing a main contractor for Keturah Reserve, a project that embodies the highest standards of luxury experiences coupled with the regional-first Bio Living.

MAG EXPANDS INTERNATIONALLY, ANNOUNCES NEW KETURAH PROJECT IN SWITZERLAND

Retrieved on: 
Tuesday, January 30, 2024

Valued at AED 781 million (CHF 185 million), the project will embody the Bio Living concept that incorporates nature into the built environment to improve its occupants' physical, mental and emotional health.

Key Points: 
  • Valued at AED 781 million (CHF 185 million), the project will embody the Bio Living concept that incorporates nature into the built environment to improve its occupants' physical, mental and emotional health.
  • Apartments at the project are designed to blend function and beauty and create exceptional liveable spaces.
  • In his comments, Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, said: "We are pleased to take the Keturah brand internationally to Switzerland with the launch of a new project in partnership with A++ Group.
  • The new Keturah project follows the successful launch of 'The Ritz-Carlton Residences, Dubai, Creekside', part of the Keturah Resort, Keturah Reserve and the soon-to-be-launched Keturah Downtown developments, all in Dubai.

MAG Announces Fourth Quarter and 2023 Production From Juanicipio

Retrieved on: 
Wednesday, January 24, 2024

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the fourth quarter (“Q4”) and year ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports production from Juanicipio (56% / 44% Fresnillo plc (“Fresnillo”) and MAG, respectively) for the fourth quarter (“Q4”) and year ended December 31, 2023.
  • Robust production: Juanicipio produced 4.5 million silver ounces and 10,591 gold ounces in Q4.
  • Processing growth: Juanicipio processed a total of 1,268,756 tonnes of mineralized material in 2023, exceeding expectations and achieving guidance of reaching nameplate during Q3 2023.
  • The average silver head grade for the quarter was 467 g/t, marginally below the previous quarter as mining sequenced through lower grade.

T-Mobile selects Nokia to improve scalability and efficiency for 5G High Speed Internet service

Retrieved on: 
Tuesday, January 23, 2024

T-Mobile will deploy Nokia solution to enhance capacity, scalability and speed of delivery

Key Points: 
  • T-Mobile will deploy Nokia solution to enhance capacity, scalability and speed of delivery
    Espoo, Finland – Nokia today announced its collaboration with T-Mobile to launch a dedicated gateway solution that supports LTE, 5G NSA, and 5G SA technologies for the service provider’s nationwide, fixed-wireless High-Speed Internet (HSI) traffic.
  • Nokia will deploy its Multi-Access Gateway (MAG) solution which will allow T-Mobile to improve service scalability, and time to market.
  • The Nokia platform can incrementally scale the bandwidth for HSI traffic to multiple Terabits-per-second, while providing significant power and space efficiency.
  • Our MAG solution, which uses our advanced FP5 IP routing silicon, will help T-Mobile to effectively enhance service capacity, scalability, and speed to market.”