AC

Nokia brings scale and efficiency to the metro edge with new portfolio of application-optimized optical network solutions

Retrieved on: 
Tuesday, March 19, 2024

Portfolio additions include 100Gb/s, 400Gb/s and 800Gb/s pluggable coherent modules, a new compact optical transport platform and new cards optimized for metro edge applications.

Key Points: 
  • Portfolio additions include 100Gb/s, 400Gb/s and 800Gb/s pluggable coherent modules, a new compact optical transport platform and new cards optimized for metro edge applications.
  • New portfolio enables network operators to scale capacity with lower power per bit and support faster service speeds to the metro edge.
  • Espoo, Finland - Nokia is announcing a comprehensive set of new optical transport solutions optimized for metro edge deployments for CSP, webscale and Enterprise customers.
  • Now, Nokia is helping network operators scale bandwidth and support faster service speeds, with a range of new solutions all optimized for metro edge applications.

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Friday, March 15, 2024

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

Company Announces Cash Dividend of $0.01 Per Common Share for the First Quarter of 2024

Retrieved on: 
Friday, March 15, 2024

HAUPPAUGE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share.

Key Points: 
  • HAUPPAUGE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per share.
  • The declared dividend is payable to shareholders of record as of March 29, 2024, with a payment date of April 5, 2024.
  • Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected.
  • Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

AC Immune Reports Full Year 2023 Financial Results and Provides a Corporate Update

Retrieved on: 
Thursday, March 14, 2024

Dr. Andrea Pfeifer, CEO of AC Immune SA, commented: “We made significant progress in 2023 advancing our three innovative active immunotherapy programs in Phase 2 clinical trials in Alzheimer’s and Parkinson’s diseases.

Key Points: 
  • Dr. Andrea Pfeifer, CEO of AC Immune SA, commented: “We made significant progress in 2023 advancing our three innovative active immunotherapy programs in Phase 2 clinical trials in Alzheimer’s and Parkinson’s diseases.
  • Six-month Abeta positron emission tomography (PET) imaging results are expected in Q2 2024, and 12-month Abeta-PET data are expected in H2 2024.
  • Comm., 2023) showed that AC Immune’s wholly-owned a-syn-PET tracer ACI-12589 can detect a-syn pathology in multiple system atrophy (MSA) and differentiate MSA from other a-synucleinopathies.
  • PI-2620 was discovered and developed using the Morphomer® platform as part of a research collaboration between AC Immune and Life Molecular Imaging.

Orbit International Electronics Group Reports Bookings for February 2024 in Excess of $2,000,000

Retrieved on: 
Wednesday, March 13, 2024

HAUPPAUGE, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) reported bookings for the month of February 2024 in excess of $2,000,000.

Key Points: 
  • HAUPPAUGE, N.Y., March 13, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group (“OEG”) reported bookings for the month of February 2024 in excess of $2,000,000.
  • Deliveries for the February 2024 orders have already commenced and are expected to continue through the first quarter of 2026.
  • Furthermore, the OEG reported that in March 2024 it also received an order for approximately $1,668,000 for a product used in a military aircraft program.
  • Deliveries for these awards will commence in the fourth quarter of 2024 and continue through the third quarter of 2025.

Unico Introduces Powerful, Flexible and Cost-Effective Cell Formation and Test Channels for EV Testing

Retrieved on: 
Tuesday, March 12, 2024

ORLANDO, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Unico , a leading provider of innovative EV test solutions, today introduced the BAT300 Series at the International Battery Seminar, setting a new standard in cell formation and testing.

Key Points: 
  • ORLANDO, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Unico , a leading provider of innovative EV test solutions, today introduced the BAT300 Series at the International Battery Seminar, setting a new standard in cell formation and testing.
  • Unico's latest offering is a compact, all-in-one solution (480VAC to DC) that minimizes energy consumption while maximizing testing efficiency.
  • Basic cell test requirements such as remote voltage sense, temperature measurement for the cell, calibration, and DC contactor control can be included.
  • This innovative technology is ideally suited for cell formation in gigafactories, as well as for aging and functionality testing in R&D laboratories, and end-of-life (EOL) activities in cell/module manufacturing lines.

Adenia Closes Fifth Flagship Fund Oversubscribed at $470M

Retrieved on: 
Wednesday, April 3, 2024

Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap.

Key Points: 
  • Adenia Partners (“Adenia”), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V (the “Fund”, “AC(V)” or “Fund V”) at its $470 million hard cap.
  • The Fund, which was significantly oversubscribed, attracted commitments from new and existing investors globally.
  • The Fund is sector-agnostic with financial services, agribusiness, renewable energy, consumer goods, telecommunications, healthcare and education, business services, light manufacturing, and specialty distribution as areas of particular focus.
  • As Adenia’s first completely pan-African fund, Fund V will leverage the firm’s extensive on-the-ground presence with seven offices on the continent.

Prevalon Energy Secures Contract with Idaho Power for New Integrated Battery Energy Storage System (BESS)

Retrieved on: 
Friday, March 29, 2024

Prevalon Energy LLC, a Mitsubishi Power Americas company, announces it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement.

Key Points: 
  • Prevalon Energy LLC, a Mitsubishi Power Americas company, announces it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement.
  • View the full release here: https://www.businesswire.com/news/home/20240329763704/en/
    Prevalon and Idaho Power plan to bring critical reliable power needed during peak demand periods to bolster grid resiliency.
  • The company’s “Prevalon Battery Energy Storage Platform,” a complete AC solution including the battery enclosures, inverters, medium voltage transformers and EMS (Energy Management System), will be the cornerstone of the utility’s battery storage project, which will make a significant contribution to Idaho Power’s goal of providing 100% clean energy by 2045.
  • “We place high value on the partnering mindset and are looking forward to working closely with Idaho Power as they incorporate our end-end integrated battery energy storage solution into their long-range plans to ensure a stable and reliable energy grid for their customers.”
    Battery energy storage has emerged as a critical technology in the march toward a cleaner, sustainable energy future.

Toshiba Releases Arm® Cortex®-M4 Microcontrollers for Motor Control

Retrieved on: 
Tuesday, March 26, 2024

Toshiba Electronic Devices & Storage Corporation ("Toshiba") has added eight new products with 512KB/1MB flash memory capacity and four types of packages to the M4K Group of the TXZ+™ Family Advanced Class 32-bit microcontrollers equipped with Cortex®-M4 core with FPU.

Key Points: 
  • Toshiba Electronic Devices & Storage Corporation ("Toshiba") has added eight new products with 512KB/1MB flash memory capacity and four types of packages to the M4K Group of the TXZ+™ Family Advanced Class 32-bit microcontrollers equipped with Cortex®-M4 core with FPU.
  • View the full release here: https://www.businesswire.com/news/home/20240325053408/en/
    Toshiba: TXZ+™ Family Advanced Class Arm® Cortex®-M4 microcontrollers for motor control (Graphic: Business Wire)
    Continuing advances in the functionality of motor applications supporting IoT is increasing demand for large program capacity and firmware over-the-air support.
  • The microcontrollers also offer various interfaces and motor control options, such as advance-programmable motor driver (A-PMD), advanced encoder 32-bit (A-ENC32), advanced vector engine plus (A-VE+) and three units of high-speed, high-resolution 12-bit analog/digital converters.
  • Toshiba is planning to increase capacity of flash memory also for M4M Group with CAN interface.

Beyoncé to be Honored with the iHeartRadio Innovator Award at the 2024 iHeartRadio Music Awards Airing Monday, April 1 on FOX

Retrieved on: 
Thursday, March 21, 2024

iHeartMedia and FOX Entertainment today announced that Beyoncé will be honored with the iHeartRadio Innovator Award at the 2024 iHeartRadio Music Awards.

Key Points: 
  • iHeartMedia and FOX Entertainment today announced that Beyoncé will be honored with the iHeartRadio Innovator Award at the 2024 iHeartRadio Music Awards.
  • ET live / PT tape-delayed) on FOX and will also be heard on iHeartMedia radio stations nationwide and on the iHeartRadio app.
  • “I’m looking forward to hosting the 2024 iHeartRadio Music Awards and sharing the stage with some of the best in music,” said Ludacris.
  • For breaking news and exclusive iHeartRadio Music Awards content, visit iHeartRadio.com/awards or follow the social buzz on Twitter, Facebook and Instagram.