GTI | Jotup

Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in Nevada

Retrieved on:

Monday, April 8, 2024

Aiden, EV, Entrepreneurship, Original equipment manufacturer, Recycling, EVS, Agriculture, GTI, Carbon, Graphite, Ecosystem, Lithium

KUALA LUMPUR, Malaysia, April 08, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it plans to build a commercial artificial graphite production facility in Nevada. This plant is expected to be a first-of-its-kind in the United States.

Key Points:

This level of production is expected to be able to support the production of enough batteries to power more 100,000 electric vehicles (EVs) per year.
This eliminates a conversion step in Graphjet’s production process, which would enable its Nevada facility to produce graphite more quickly.
Graphjet is aiming to commission and begin production at the new facility in 2026.
“We are laser focused on getting our commercial production online as quickly as possible and are in discussions with several players to secure offtake agreements for our planned Nevada facility.

The GEO Group Announces Five-Year Contract to Provide Air Operations Support Services for U.S. Immigration and Customs Enforcement

Retrieved on:

Tuesday, March 12, 2024

Law Enforcement, Emergency Services, Public Policy, Government, Defense, Other Policy Issues, Other Defense, Contracts, Federation, GTI, Aviation, Transport, GEO Group, ICE, CSI Aviation, GEO

The GEO Group (NYSE: GEO) (“GEO”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. (“GTI”) has been awarded a five-year contract, inclusive of option periods, to provide air operations support services on behalf of U.S. Immigration and Customs Enforcement (“ICE”), as a subcontractor to CSI Aviation, Inc. (“CSI Aviation”) which has been selected by ICE as the prime contractor.

Key Points:

The GEO Group (NYSE: GEO) (“GEO”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. (“GTI”) has been awarded a five-year contract, inclusive of option periods, to provide air operations support services on behalf of U.S. Immigration and Customs Enforcement (“ICE”), as a subcontractor to CSI Aviation, Inc. (“CSI Aviation”) which has been selected by ICE as the prime contractor.
CSI Aviation is a veteran-owned aviation services company, founded in 1979, with a long-standing record as a leading provider of aviation support services to the U.S. federal government.
GTI first began providing air operations support services to ICE as a subcontractor to CSI Aviation, under a nine-month emergency contract starting in July of 2023.
The award of this new five-year contract to provide air operations support services on behalf of ICE is a testament to GTI’s service delivery and safety record since its founding in 2007.

ERWO Holding AG and Hoftex Group AG appoint Manuela Spörl to succeed Klaus Steger as CEO effective March 2024

Retrieved on:

Wednesday, March 13, 2024

CFO, Acquisition, International Wool Textile Organisation, Accounting, Research, Education, Plant, Treasury, EUR, AG, Family, Tax, Stiebel Eltron, Corporation, GTI, Environment, Management

Schwaig, Nuremberg/Hof, Germany, February 28, 2024 – ERWO Holding AG (“ERWO Holding”), holding company of Südwolle Group, a leading manufacturer of worsted yarns, and Hoftex Group AG (“Hoftex Group“), a group of medium-sized companies in the textile industry, today announced the appointment of Manuela Spörl (51) as new CEO effective March 1, 2024.

Key Points:

Schwaig, Nuremberg/Hof, Germany, February 28, 2024 – ERWO Holding AG (“ERWO Holding”), holding company of Südwolle Group, a leading manufacturer of worsted yarns, and Hoftex Group AG (“Hoftex Group“), a group of medium-sized companies in the textile industry, today announced the appointment of Manuela Spörl (51) as new CEO effective March 1, 2024.
In the future, the Management Board of ERWO Holding and Hoftex Group will consist of two people: Manuela Spörl and Daniel Köster.
Manuela Spörl has a degree in business administration and has been working for Hoftex Group since 2000.
Manuela Spörl, future CEO of ERWO Holding and the Hoftex Group, said: “Klaus Steger has had a lasting positive impact on our entire group of companies, both internally and externally.

Huawei's Chen Haiyong: Intelligence Boosts Innovation, Collaboration Wins the Future

Retrieved on:

Thursday, March 7, 2024

Cloud, Intelligence, Internet, CS, MWC, Growth, Future, China Mobile, IMS, MCF, Communication, UHD, Huawei, Speech, GTI, Multi, Mobile phone

BARCELONA, Spain, March 7, 2024 /PRNewswire/ -- The 2nd New Calling Industry Development Forum at MWC 2024, hosted by GTI and China Mobile and co-hosted by Huawei, saw Chen Haiyong, President of CS&IMS Domain, Huawei Cloud Core Network Product Line, deliver a keynote speech entitled "Intelligence Boosts Innovation, Collaboration Wins the Future".

Key Points:

BARCELONA, Spain, March 7, 2024 /PRNewswire/ -- The 2nd New Calling Industry Development Forum at MWC 2024, hosted by GTI and China Mobile and co-hosted by Huawei, saw Chen Haiyong, President of CS&IMS Domain, Huawei Cloud Core Network Product Line, deliver a keynote speech entitled "Intelligence Boosts Innovation, Collaboration Wins the Future".
Intelligence empowers more innovative services and better experiences for New Calling.
Chen believes that this technological evolution will pave the way for success in the voice industry.
The growth of the New Calling industry requires collective efforts from operators, chip and terminal vendors, and standards and industry organizations.

Fuel Cell UAV Market to Reach $5.38 Billion, Globally, by 2032 at 13.4% CAGR: Allied Market Research

Retrieved on:

Wednesday, March 6, 2024

WILMINGTON, Del., March 6, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Fuel Cell UAV Market by Product Type (Hydrogen Fuel Cell, Solid Oxide Fuel Cell, and Proton Exchange Membrane Fuel Cell), End Use (Passenger UAV, Cargo UAV, and Others), Type (Fixed Wing, Rotary Wing, and Hybrid), Weight (Less Than 50 Kg and More Than 50 Kg), and Application (Military & Defense, Civil & Commercial, Logistics & Transportation, Construction & Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032".

Key Points:

The Russia-Ukraine conflict has had significant implications for the global fuel cell UAV industry .
Overall, the Russia-Ukraine war introduces various challenges and risks for the fuel cell UAV industry, including supply chain disruptions, geopolitical concerns, and market uncertainties.
Depending on product type, the hydrogen fuel cell segment held the highest market share in 2022, accounting for more than half of the global fuel cell UAV market revenue and is estimated to maintain its leadership status throughout the forecast period.
In March 2021, Boeing subsidiary Insitu unveiled ScanEagle3, an all-electric UAV utilizing a hydrogen-fueled proton exchange membrane (PEM) fuel cell.

Fuel Cell UAV Market to Reach $5.38 Billion, Globally, by 2032 at 13.4% CAGR: Allied Market Research

Retrieved on:

Wednesday, March 6, 2024

WILMINGTON, Del., March 6, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Fuel Cell UAV Market by Product Type (Hydrogen Fuel Cell, Solid Oxide Fuel Cell, and Proton Exchange Membrane Fuel Cell), End Use (Passenger UAV, Cargo UAV, and Others), Type (Fixed Wing, Rotary Wing, and Hybrid), Weight (Less Than 50 Kg and More Than 50 Kg), and Application (Military & Defense, Civil & Commercial, Logistics & Transportation, Construction & Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032".

Key Points:

The Russia-Ukraine conflict has had significant implications for the global fuel cell UAV industry .
Overall, the Russia-Ukraine war introduces various challenges and risks for the fuel cell UAV industry, including supply chain disruptions, geopolitical concerns, and market uncertainties.
Depending on product type, the hydrogen fuel cell segment held the highest market share in 2022, accounting for more than half of the global fuel cell UAV market revenue and is estimated to maintain its leadership status throughout the forecast period.
In March 2021, Boeing subsidiary Insitu unveiled ScanEagle3, an all-electric UAV utilizing a hydrogen-fueled proton exchange membrane (PEM) fuel cell.

According to Institute for Economics & Peace, Terrorism gets worse as global conflicts drive risk of new wave

Retrieved on:

Thursday, February 29, 2024

JNIM, Violence, MENA, Hamas, Al-Qaeda, Suicide, Death, Injury, Hostage, Terrorism, Peace, Record, Fatality, Risk, Crime, Data, Homicide, Islam, Conflict, Map, Hezbollah, Global Peace Index, Economics, IEP, Unemployment, GTI, Al-Shabab

Over 90% of terrorist attacks and 98% of terrorism deaths in 2023 occurred in conflict zones, underscoring the strong link between conflict and terrorism.

Key Points:

Over 90% of terrorist attacks and 98% of terrorism deaths in 2023 occurred in conflict zones, underscoring the strong link between conflict and terrorism.
The Global Terrorism Index 2024 (GTI) highlights that terrorism remains a serious global threat, with total deaths from terrorism increasing by 22% to 8,352 in 2023, now at their highest since 2017.
The GTI is produced by the leading international think tank the Institute for Economics & Peace (IEP) and has been published annually for the last eleven years.
The report ranks 163 countries (99.7 % of the world's population) according to the impact of terrorism.

According to Institute for Economics & Peace, Terrorism gets worse as global conflicts drive risk of new wave

Retrieved on:

Thursday, February 29, 2024

Over 90% of terrorist attacks and 98% of terrorism deaths in 2023 occurred in conflict zones, underscoring the strong link between conflict and terrorism.

Key Points:

Over 90% of terrorist attacks and 98% of terrorism deaths in 2023 occurred in conflict zones, underscoring the strong link between conflict and terrorism.
The Global Terrorism Index 2024 (GTI) highlights that terrorism remains a serious global threat, with total deaths from terrorism increasing by 22% to 8,352 in 2023, now at their highest since 2017.
The GTI is produced by the leading international think tank the Institute for Economics & Peace (IEP) and has been published annually for the last eleven years.
The report ranks 163 countries (99.7 % of the world's population) according to the impact of terrorism.

Aether Fuels and GTI Energy Announce Partnership and Exclusive Licensing Deal to Accelerate Commercialization of Sustainable Fuels for Aviation and Ocean Shipping

Retrieved on:

Monday, February 5, 2024

Partnership, Research, Carbon, Chemistry, Investment, GTI, Aviation, GTL, Renewable energy

CHICAGO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Aether Fuels (Aether) and GTI Energy today announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.

Key Points:

CHICAGO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Aether Fuels (Aether) and GTI Energy today announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.
GTI Energy is a non-profit technology development organization that creates innovative solutions for low carbon, low-cost energy systems.
The Research and Development (R&D) partnership began in 2022 between Aether and GTI Energy seeking to build on a gas-to-liquid (“GTL”) technology program initiated by GTI Energy in 2016.
The licensing agreement gives Aether exclusive global rights to certain key GTI Energy GTL technologies for producing sustainable liquid hydrocarbons.

Holcim US Partners with Ohio State and GTI Energy to Bring Cost-Effective Carbon Capture Technology to Scale

Retrieved on:

Thursday, January 18, 2024

Alternative Energy, Energy, Other Energy, Utilities, Carbon, CO2, GTI, Research, Industrialisation, CCUS, Ohio State University, Plant, Renewable energy

Unique partners The Ohio State University, GTI Energy and Holcim US are joining forces to design, build and test a cost-effective membrane carbon capture technology, funded in part by the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) with cost share contributions from Holcim.

Key Points:

Unique partners The Ohio State University, GTI Energy and Holcim US are joining forces to design, build and test a cost-effective membrane carbon capture technology, funded in part by the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) with cost share contributions from Holcim.
Groundbreaking membrane technology from Ohio State will be employed in the project, targeting the capture of 95-99 percent of CO2 from cement kiln gas with a purity exceeding 95 percent and lower energy demand.
“We are excited to demonstrate Ohio State’s highly selective membrane technology for carbon dioxide capture from a cement plant,” said Yang Han, Ohio State College of Engineering research scientist.
The Ohio State membrane technology stands out as a promising solution to reduce energy consumption and costs in the carbon capture process.