AVL

Avalon Announces C$63M Strategic Investment by Sibelco to Create a Vertically Integrated Lithium Strategic Partnership in Ontario

Retrieved on: 
Thursday, June 15, 2023

This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.

Key Points: 
  • This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.
  • "This strategic partnership represents a significant step forward in scaling our business towards full vertical integration of our lithium production," said Scott Monteith, Chief Executive of Avalon.
  • "Sibelco's investment is a major vote of confidence in our vision, resources and capabilities by a respected and established international operator—and now partner."
  • "Our partnership with Avalon will focus both on the clean energy growth agenda and the technical glass and ceramics markets in which Sibelco has deep and time-tested expertise" Hilmar Rode, Sibelco Chief Executive Officer, said.

Allion Labs Appointed as Authorized Vendor Test Lab for OpenSync Certification

Retrieved on: 
Wednesday, June 14, 2023

TAIPEI, June 14, 2023 /PRNewswire/ -- Allion Labs, a renowned technology testing and certification company, is proud to announce its new designation as an Authorized Vendor Test Lab (AVL) for OpenSync® certification.

Key Points: 
  • TAIPEI, June 14, 2023 /PRNewswire/ -- Allion Labs, a renowned technology testing and certification company, is proud to announce its new designation as an Authorized Vendor Test Lab (AVL) for OpenSync® certification.
  • As an AVL for OpenSync certification, Allion will provide comprehensive testing services to manufacturers seeking OpenSync certification for their Wi-Fi systems and connected devices.
  • "Allion is thrilled to be appointed as an AVL for OpenSync certification," said Robert Yao, President of Allion-USA."
  • Manufacturers interested in OpenSync certification can now access Allion's specialized testing services to ensure their products meet Plume's stringent requirements for certification.

Allion Labs Appointed as Authorized Vendor Test Lab for OpenSync Certification

Retrieved on: 
Wednesday, June 14, 2023

TAIPEI, June 14, 2023 /PRNewswire/ -- Allion Labs, a renowned technology testing and certification company, is proud to announce its new designation as an Authorized Vendor Test Lab (AVL) for OpenSync® certification.

Key Points: 
  • TAIPEI, June 14, 2023 /PRNewswire/ -- Allion Labs, a renowned technology testing and certification company, is proud to announce its new designation as an Authorized Vendor Test Lab (AVL) for OpenSync® certification.
  • As an AVL for OpenSync certification, Allion will provide comprehensive testing services to manufacturers seeking OpenSync certification for their Wi-Fi systems and connected devices.
  • "Allion is thrilled to be appointed as an AVL for OpenSync certification," said Robert Yao, President of Allion-USA."
  • Manufacturers interested in OpenSync certification can now access Allion's specialized testing services to ensure their products meet Plume's stringent requirements for certification.

Avalon Overhauls Leadership Team to Compete in Global Lithium Race

Retrieved on: 
Monday, June 12, 2023

"These appointments, and others to come, underscore the arrival of Avalon 2.0," Zeeshan Syed, Avalon President, said.

Key Points: 
  • "These appointments, and others to come, underscore the arrival of Avalon 2.0," Zeeshan Syed, Avalon President, said.
  • "The commitment of our new leadership team is clear: reorient the Company towards full vertical integration of the lithium production cycle, and help establish Ontario, and Canada more broadly, as a strategic fulcrum in North America's clean energy transition."
  • Avalon has a new mission we're starting to share with investors and Canada's broader capital markets community," Mr. Monteith said.
  • Mr. Syed added: "Under our new leadership team, Avalon sees and understands what's required to make Ontario and Canada leaders in this critically important space, and to establish Avalon's position within it.

Masimo Announces FDA 510(k) Clearance of Radius VSM™

Retrieved on: 
Monday, June 5, 2023

Masimo (NASDAQ: MASI) today announced that Radius VSM™ , a patient-worn, continuous multi-parameter vital signs monitor, has received FDA 510(k) clearance.

Key Points: 
  • Masimo (NASDAQ: MASI) today announced that Radius VSM™ , a patient-worn, continuous multi-parameter vital signs monitor, has received FDA 510(k) clearance.
  • Designed on a modular platform, Radius VSM allows clinicians to monitor a wide variety of physiological measurements, including Masimo SET® pulse oximetry , noninvasive blood pressure, temperature, respiration rate, and electrocardiography (ECG).
  • By combining the reliability and accuracy of larger bedside monitors with the comfort and freedom of a wearable device, Radius VSM allows ambulation and movement while ensuring patients remain continuously monitored.
  • From a technical perspective, we had no doubt about the reliability of the solution as we have been working with Masimo for many years now.

TECO 2030 and AVL Successfully Complete Feasibility Study on Industrializing Heavy-Duty Truck Systems

Retrieved on: 
Wednesday, May 31, 2023

LYSAKER, Norway, May 31, 2023 (GLOBE NEWSWIRE) -- TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) successfully completes feasibility study for developing and industrializing a one-size-fits-all heavy-duty truck fuel cell system.

Key Points: 
  • LYSAKER, Norway, May 31, 2023 (GLOBE NEWSWIRE) -- TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) successfully completes feasibility study for developing and industrializing a one-size-fits-all heavy-duty truck fuel cell system.
  • TECO MOTIVE: TECO 2030 may utilize existing supply chain and infrastructure at the Narvik production facility to evaluate the industrialization of a heavy-duty fuel cell truck system for retrofitting the existing truck fleet.
  • TECO 2030 will deliver 4 x 100kW fuel cell stacks to the ‘AVL Fuel Cell DemoTruck’ project towards the end of 2023.
  • TECO 2030 Innovation Center: TECO 2030 has much of the necessary supply chain already secured and production facility for industrializing the heavy-duty truck system at the existing facility in Narvik, Norway.

Global Automotive Engineering Services Market Report 2023: Electrification of Vehicles and Increase in Shared Mobility Drives Growth

Retrieved on: 
Monday, May 29, 2023

The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%.

Key Points: 
  • The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%.
  • The automotive engineering services market is dominated by established players such as Capgemini (France), IAV Automotive Engineering (Germany), Tech Mahindra (India), AKKA Technologies (Belgium), and HCL Technologies (India), and others.
  • Less complex and task-based services are outsourced to service providers in the automotive engineering services market.
  • The outsourcing of automotive engineering services can help automotive OEMs by integrating product development with related operations such as engineering and warranty management.

AVL Names Dan and Robin Nicholson as Winners of 11th Annual Gordon Millar Award

Retrieved on: 
Wednesday, May 24, 2023

PLYMOUTH, Mich., May 24, 2023 /PRNewswire/ -- Dan and Robin Nicholson have been named winners of the 11th annual SAE Foundation Gordon Millar Award.

Key Points: 
  • PLYMOUTH, Mich., May 24, 2023 /PRNewswire/ -- Dan and Robin Nicholson have been named winners of the 11th annual SAE Foundation Gordon Millar Award.
  • "Dan and Robin Nicholson have demonstrated their unwavering support for the SAE Foundation and upheld its mission to provide students across the country with equitable and engaging STEM experiences."
  • Further, Dan Nicholson has dedicated his time over the past ten years as an SAE Foundation Committee and Trustee, serving as the Chairperson for six years.
  • We want to thank AVL and we hope to honor the memory of Gordan Millar with our ongoing service."

AVL Growth Partners takes a new path, with a new brand to support it

Retrieved on: 
Thursday, May 18, 2023

BOULDER, Colo., May 18, 2023 /PRNewswire/ -- AVL Growth Partners, a leading fractional finance and operations firm, is pleased to announce the launch of their new brand centered around their mantra of " Mindful Growth ."

Key Points: 
  • BOULDER, Colo., May 18, 2023 /PRNewswire/ -- AVL Growth Partners, a leading fractional finance and operations firm, is pleased to announce the launch of their new brand centered around their mantra of " Mindful Growth ."
  • AVL believes Mindful Growth will foster sustainability and yield more purposeful outcomes for their teams, their clients, and society.
  • "We are thrilled to be launching this new branding initiative, which reflects our commitment to Mindful Growth, helping businesses grow in a mindful and sustainable way," said AVL CEO, Bethany Parker.
  • These new offerings will focus on providing guidance and support to help businesses achieve their growth objectives in a more thoughtful, strategic, and mindful way.

AVL Forges Agreement with NOVONIX to Distribute Cutting-Edge Coulometry Equipment in the U.S.

Retrieved on: 
Thursday, May 4, 2023

PLYMOUTH, Mich., May 4, 2023 /PRNewswire/ -- AVL Test Systems, Inc. is pleased to announce it has finalized a Sales and Service Agreement with NOVONIX Battery Technology Solutions, a subsidiary of NOVONIX Limited (NOVONIX) (ASX: NVX, Nasdaq: NVX). AVL Test Systems, Inc. is now the exclusive distributor of NOVONIX's Ultra-High Precision Coulometry (UHPC) cyclers and associated battery cell testing equipment in the United States market.

Key Points: 
  • PLYMOUTH, Mich., May 4, 2023 /PRNewswire/ -- AVL Test Systems, Inc. is pleased to announce it has finalized a Sales and Service Agreement with NOVONIX Battery Technology Solutions, a subsidiary of NOVONIX Limited (NOVONIX) (ASX: NVX, Nasdaq: NVX).
  • AVL Test Systems, Inc. is now the exclusive distributor of NOVONIX's Ultra-High Precision Coulometry (UHPC) cyclers and associated battery cell testing equipment in the United States market.
  • "We're thrilled to be partnering with AVL to make our UHPC systems even more accessible to our customers in the United States," says Darcy MacDougald, President, NOVONIX Battery Technology Solutions.
  • As a market leader, AVL provides automakers and startups with tailored solutions to address the challenges of electrification development and testing.