LPI | Jotup

Viasat Receives Over $80M in Development Awards for Multi-Function AESAs Across Warfighting Domains

Retrieved on:

Monday, August 7, 2023

Uttam AESA Radar, VSAT, Viasat, AESA, Viasat (American company), LPI, Active electronically scanned array

AESA, a type of phased array antenna that offers greater flexibility and resilience to support military platforms, is often employed when multiple beams, low probability of intercept (LPI) and jamming resistance are required.

Key Points:

AESA, a type of phased array antenna that offers greater flexibility and resilience to support military platforms, is often employed when multiple beams, low probability of intercept (LPI) and jamming resistance are required.
Viasat is leveraging commercial AESA phased array antenna technology and products to meet these demanding defense requirements.
"Viasat has an impressive legacy of solving the most difficult microwave and millimeter wave problems for our warfighters," said Dr. Jeanne Atwell, general manager for Viasat Arizona Operations.
"These awards will advance the state-of-the-art of multi-function AESAs and these developments promise to improve the performance of a myriad of sensor, satellite communications, and line of sight communication systems operating in the most demanding of conditions across multiple domains."

GATX Corporation Reports 2023 Second-Quarter Results

Retrieved on:

Tuesday, July 25, 2023

Rail, Air, Transport, Other Transport, Maintenance, GATX, GRE, Weakness, LPI, Tax Adjustment Act of 1966, ACP Rail International, Growth, NYSE, Portfolio management, Intermodal freight transport, Airline, Cryptocurrency

GATX Corporation (NYSE: GATX) today reported 2023 second-quarter net income of $63.3 million, or $1.74 per diluted share, compared to net income of $2.6 million, or $0.07 per diluted share, in the second quarter of 2022.

Key Points:

GATX Corporation (NYSE: GATX) today reported 2023 second-quarter net income of $63.3 million, or $1.74 per diluted share, compared to net income of $2.6 million, or $0.07 per diluted share, in the second quarter of 2022.
The 2023 second-quarter results include a net positive impact of $0.2 million, or $0.01 per diluted share, from Tax Adjustments and Other Items.
At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward.
GATX Corporation will host a teleconference to discuss 2023 second-quarter results.

Liberty Energy Inc. Announces Second Quarter 2023 Financial and Operational Results

Retrieved on:

Wednesday, July 19, 2023

Liberty Energy Inc., (NYSE: LBRT; “Liberty” or the “Company”) announced today second quarter 2023 financial and operational results.

Key Points:

Liberty Energy Inc., (NYSE: LBRT; “Liberty” or the “Company”) announced today second quarter 2023 financial and operational results.
For the second quarter of 2023, revenue grew to $1.2 billion, an increase of 27% from $943 million in the second quarter of 2022 and a decrease of 5% from $1.3 billion in the first quarter of 2023.
Net income1 (after taxes) totaled $153 million for the second quarter of 2023 compared to net income1 of $105 million in the second quarter of 2022 and net income1 of$163 million in the first quarter of 2023.
Fully diluted earnings per share was $0.87 for the second quarter of 2023 compared to fully diluted earnings per share of $0.55 for the second quarter of 2022 and fully diluted earnings per share of $0.90 for the first quarter of 2023.

Maricunga Lithium Brine Project Status

Retrieved on:

Monday, July 17, 2023

Lithium, Speech, AEST, ASX, NLP, LPI, AFR, National Television Council (Chile), Policy, Appendix, Maricunga Gold Mine

SYDNEY, Australia, July 17, 2023 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) has become aware of recent media speculation pertaining to the status of its Maricunga Project tenements and the Company’s market disclosure.

Key Points:

SYDNEY, Australia, July 17, 2023 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) has become aware of recent media speculation pertaining to the status of its Maricunga Project tenements and the Company’s market disclosure.
This initial speech outlined the Policy in relation to the Atacama Salar and the two producing lithium brine companies.
A subsequent speech was given by President Boric on Friday, 21 April 2023 (Chilean time), discussed the other Chilean lithium brine projects, including the Company’s’ project on the Maricunga salar.
On Monday 24 April 2023, the Company, aware of its ASX Continuous Disclosure obligations, provided a comprehensive analysis of the Policy and the effect on its Maricunga project.

France Data Center Market to Reach Investment of $4.06 Billion by 2028, Get Insights on 129 Existing Data Centers and 12 Upcoming Facilities across France - Arizton

Retrieved on:

Thursday, July 13, 2023

APL, Mercury, Shell Development Emeryville, DETAIL (professional journal), EYP, LPI, Sound suppression system, Physical security, WTA Tier IV tournaments, Construction, Pharmaceutical industry, Renewable energy

The France data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.

Key Points:

The France data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
Key Questions Answered in the Report:
How big is the France data center market?
How many existing and upcoming data center facilities exist in France?

France Data Center Market to Reach Investment of $4.06 Billion by 2028, Get Insights on 129 Existing Data Centers and 12 Upcoming Facilities across France - Arizton

Retrieved on:

Thursday, July 13, 2023

The France data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.

Key Points:

The France data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
Key Questions Answered in the Report:
How big is the France data center market?
How many existing and upcoming data center facilities exist in France?

GATX Corporation Announces Modification to Its Lease Price Index (LPI) Calculation

Retrieved on:

Thursday, July 6, 2023

Rail, Air, Transport, Other Transport, GATX, NYSE, Multimedia, Table, LPI, Lease

GATX Corporation (NYSE:GATX) today announced a modified methodology for its Lease Price Index (LPI) calculation.

Key Points:

GATX Corporation (NYSE:GATX) today announced a modified methodology for its Lease Price Index (LPI) calculation.
The average renewal lease rate change is reported as the percentage change between the average renewal lease rate and the average expiring lease rate.
The average renewal lease term is reported in months and reflects the average renewal lease term in the LPI.
The modified methodology aims to more consistently reflect actual trends in renewal lease rates and renewal lease terms across GATX’s North American non-boxcar fleet.

A$30 Million Cash Sale Agreed for Western Lithium Ltd

Retrieved on:

Monday, June 19, 2023

Lithium, WLI, IPO, Albemarle Corporation, ASX, LPI, Sale, AUD, Risk, Completion, Maricunga Gold Mine, Rare-earth element, Bank

The sale agreement is an all cash-for-shares transaction amounting to AUD$30,000,000 (thirty million Australian dollars), subject to a customary price adjustment to reflect WLI's liabilities as at completion.

Key Points:

The sale agreement is an all cash-for-shares transaction amounting to AUD$30,000,000 (thirty million Australian dollars), subject to a customary price adjustment to reflect WLI's liabilities as at completion.
Lithium Power International’s Chief Executive Officer, Cristobal Garcia-Huidobro, commented:
“This agreement with Albemarle provides LPI with immediate value for our Western Lithium subsidiary company.
Despite the significant progress we had made towards an IPO of Western Lithium in the past months, this asset realisation will provide a significant uplift to the pre-money valuation of our Western Australia asset portfolio.
Authorised for release by the Board of Directors of Lithium Power International Limited.

Lightning Caused $952 Million in U.S. Insurance Claims in 2022

Retrieved on:

Thursday, June 15, 2023

Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, Lightning, Safety, Radiological Protection Institute of Ireland, Life, Insurance Information Institute, Tornado, LPI, Life insurance, Property insurance

More than $950 million in lightning-caused U.S. homeowners insurance claims were paid out in 2022 to 62,000-plus policyholders, with $125 million of the total attributable to California alone, according to the Insurance Information Institute (Triple-I).

Key Points:

More than $950 million in lightning-caused U.S. homeowners insurance claims were paid out in 2022 to 62,000-plus policyholders, with $125 million of the total attributable to California alone, according to the Insurance Information Institute (Triple-I).
Based on national insurance claims data compiled to coincide with Lightning Safety Awareness Week (June 18-24), the Triple-I found:
The total value of lightning-caused U.S. homeowners insurance claims was down more than 27 percent in 2022 ($952 million) from 2021 ($1.3 billion)
The number of lightning-caused U.S. homeowners insurance claims slightly increased by 2.2 percent between 2021 and 2022 from 60,851 to 62,189, with numbers from the top ten claims states contributing to about half of the total.
“Lightning Safety Awareness Week highlights the dangers lightning poses to life and property and how insurers and policyholders are reducing these risks.”
Florida—the state with the most thunderstorms—saw the greatest number of lightning claims in the U.S. in 2022, with 5,504.
Damage caused by lightning, such as fire, is covered by standard homeowners insurance policies.

LG Energy Solution and Hyundai Motor Group to Establish Battery Cell Manufacturing Joint Venture in the U.S.

Retrieved on:

Friday, May 26, 2023

The signing ceremony took place in LGES's headquarters in Seoul on May 26 with the attendance of Youngsoo Kwon, CEO of LG Energy Solution and Jaehoon Chang, President and CEO of Hyundai Motor Company.

Key Points:

The signing ceremony took place in LGES's headquarters in Seoul on May 26 with the attendance of Youngsoo Kwon, CEO of LG Energy Solution and Jaehoon Chang, President and CEO of Hyundai Motor Company.
LGES and Hyundai Motor Group will each hold a 50 percent stake in the JV, which will involve the investment of over USD 4.3 billion (KRW 5.7 trillion).
"Hyundai Motor Group is focusing on its electrification efforts to secure a leadership position in the global auto industry.
LGES and Hyundai Motor Group aim to further strengthen the ties going forward with the EV battery cooperation.