JLG Industries

Global Off-Highway Vehicle Telematics Market Report, 5th Edition: Installed Base of Off-Highway Vehicle Telematics Systems to Reach 14.6 Million Units Worldwide by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 16, 2024
Machinery, Vehicle Technology, Manufacturing, Automotive, SANY, OEM, Volvo Construction Equipment, HD, JLG Industries, Agriculture, Komatsu, Mining, JCB, John Deere, Growth, Hitachi Construction Machinery, Doosan Group, Hyundai, Original equipment manufacturer, Bobcat, CNH Industrial, Caterpillar, Terex, HD Hyundai, XCMG, AGCO, Road

The "Global Off-Highway Vehicle Telematics Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Off-Highway Vehicle Telematics Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.
  • The Global Off-Highway Vehicle Telematics Market is the fifth consecutive report analysing the latest developments on the market for telematics solutions used in the construction, mining, agriculture and forestry sectors.
  • The report forecasts that the global installed base of active off-highway vehicle telematics systems will grow at a CAGR of 13.1 percent from 7.9 million units at the end of 2022 to 14.6 million units by 2027.
  • Comprehensive overview of the off-highway vehicle telematics value chain and key applications.

Appeal Victory Sets Crucial Legal Precedent for Defective Equipment Injuries: Raul Camacho vs. JLG Industries Inc.

Retrieved on: 
Wednesday, August 2, 2023
Limtiaco v. Camacho, JLG Industries, Orange County, JLG, Pain, Superior court, LOS, Motion, Rehabilitation, Risk, Safety, Injury, Judgement, Risk management, Insurance

LOS ANGELES, Aug. 2, 2023 /PRNewswire-PRWeb/ -- The recent victory in the appeal from the judgment and order of the Superior Court of Orange County, presided by Judge Robert J. Moss, is set to have far-reaching implications for individuals injured by defective equipment. In the case of Raul Camacho vs. JLG Industries Inc., the appeal resulted in a reversal of the previous judgment, establishing important legal principles and paving the way for justice and accountability in product liability cases.

Key Points: 
  • In the case of Raul Camacho vs. JLG Industries Inc., the appeal resulted in a reversal of the previous judgment, establishing important legal principles and paving the way for justice and accountability in product liability cases.
  • He further argued that JLG should have marketed an alternative design with a self-closing gate, which would have prevented the accident.
  • First and foremost, it sets a powerful legal precedent that can be referenced in future cases with similar circumstances.
  • This precedent supports victims seeking compensation for injuries caused by defective equipment, encouraging more favorable judgments in similar cases.

Sarcos Technology and Robotics Corporation Announces Fourth Quarter and Full-year 2022 Financial Results

Retrieved on: 
Thursday, March 16, 2023
Robotics, SALT, Research, Acquisition, U.S. Navy Diving Manual, Aviation, Changi, JLG Industries, RE2, ATI Technologies, Changi Airport, XM, Net, STRC, Government, Human, Sarcos, Marketing, Safety, Mobile phone, 3D printing, Video game, Pharmaceutical industry, Bank

SALT LAKE CITY, March 16, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial results for the fourth quarter and full year 2022 ended December 31, 2022.

Key Points: 
  • SALT LAKE CITY, March 16, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems and solutions that redefine human possibilities, today announced financial results for the fourth quarter and full year 2022 ended December 31, 2022.
  • The discussion of the results of operations for the full year 2022 includes the financial results of RE2 for the period after the closing of the acquisition on April 25, 2022.
  • Fourth quarter 2022 total revenue was $6.1 million, compared to $1.0 million during the fourth quarter of 2021.
  • Total operating expenses for the fourth quarter were $101.3 million, an increase from the fourth quarter 2021 operating expenses of $28.6 million.

Sarcos Achieves Final Validation of Outdoor Autonomous Manipulation of Photovoltaic Panels Project for U.S. Department of Energy

Retrieved on: 
Wednesday, March 8, 2023
Software, Mobile, Wireless, Contracts, Hardware, Robotics, Alternative Energy, Energy, Technology, White House, Federal Government, Defense, Engineering, Public Policy, Government, Manufacturing, XM, JLG Industries, ADV, Lifting, Sarcos, AWV, ATI Technologies, SEIA, Workforce, Injury, Solar Energy Industries Association, Risk, Multimedia, Electricity, U.S. Department of Defense Strategy for Operating in Cyberspace, Solar energy, Mortensen, Photovoltaics, Safety, Delivery, 3D printing, Renewable energy, Heavy equipment, Guardian

Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, announced today that it has successfully completed final validation of its Outdoor Autonomous Manipulation of Photovoltaic Panels (O-AMPP) project .

Key Points: 
  • Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems that redefine human possibilities, announced today that it has successfully completed final validation of its Outdoor Autonomous Manipulation of Photovoltaic Panels (O-AMPP) project .
  • During this field trial, Sarcos collaborated with Mortenson , JLG Industries , Array Technologies , and Pratt Miller to achieve this critical project milestone at a Mortenson project site, which validated the Sarcos robotic solar field construction solution.
  • It will also enable solar project developers to scale output and production to the levels needed to achieve the Energy Department’s 2030 and 2050 renewable energy goals.
  • Sarcos collaborated with several leading companies involved in the renewable energy industry to complete this testing, including:
    Mortenson provided critical subject matter expertise and a validation site.

Comet Announces Convergence 2023, the Leading Conference to Explore the New Frontiers of Machine Learning

Retrieved on: 
Thursday, February 2, 2023
Professional Services, Data Management, Data Analytics, Technology, Software, Artificial Intelligence, Internet, Organization, ML, Role, Q&A, LLM, JLG Industries, Convergence, Algorithm, Microsoft, Intel, MLOps, GPT, Machine learning, Multimedia, Wayfair, Carvana, AI, Video game, Medical device, Syngenta, Comet

Comet , provider of the leading MLOps platform for machine learning (ML) teams from startup to enterprise, today announced its second annual Convergence conference.

Key Points: 
  • Comet , provider of the leading MLOps platform for machine learning (ML) teams from startup to enterprise, today announced its second annual Convergence conference.
  • View the full release here: https://www.businesswire.com/news/home/20230202005372/en/
    Comet will bring together more than 2,500 data scientists, machine learning engineers, analysts and managers to explore the new frontiers of machine learning (ML), dissecting trends and discussing the latest advancements.
  • Comet will bring together more than 2,500 data scientists, machine learning engineers, analysts and managers to explore the new frontiers of machine learning (ML), dissecting trends and discussing the latest advancements.
  • “Machine learning techniques are continuously advancing, with more and more companies embracing them across industries,” said Gideon Mendels, CEO and co-founder of Comet.

Insights on the Livestock Insurance Global Market to 2031 - Surge in Number of Diseases in Livestock Animals Drives Growth

Retrieved on: 
Tuesday, January 17, 2023
Animal, Livestock, Cattle, ICICI Lombard, Horse, Hub International, Insurance, Fever, Benchmarking, Porter's five forces analysis, Miniature pig, Death, Government, Major, Poultry, Risk, JLG Industries, AXA SA, Smoke, AXA, FBL Financial Group, Growth, Application, Graupel, Phil, Farmer, Nationwide Mutual Insurance Company, Joint Liability Groups, HDFC, Bancassurance, Market share, Earthquake, Retail, Agriculture

Surge in number of diseases in livestock animals including flu, ringworms, fever and others, has led to rise in purchase of livestock insurance among farmers and livestock owners.

Key Points: 
  • Surge in number of diseases in livestock animals including flu, ringworms, fever and others, has led to rise in purchase of livestock insurance among farmers and livestock owners.
  • However, many small scale farmers in rural areas cannot afford livestock insurance, due to high rate of premiums, which is a major drawback for the livestock insurance market.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the livestock insurance market analysis from 2021 to 2031 to identify the prevailing livestock insurance market opportunities.
  • The report includes the analysis of the regional as well as global livestock insurance market trends, key players, market segments, application areas, and market growth strategies.

Oshkosh Corporation to Acquire Hinowa

Retrieved on: 
Tuesday, November 15, 2022
Other Defense, Machinery, General Automotive, Automotive, Defense, Other Manufacturing, Construction & Property, Other Transport, Engineering, Urban Planning, Transport, Automotive Manufacturing, Manufacturing, Public expenditure, Failure, News, Defense, Weather, Oshkosh Corporation, NYSE, Pandemic, Culture, Corporation, Acquisition, Safety, Security (finance), Foreign Corrupt Practices Act, JLG, Map, JLG Industries, Management, Risk management

We look forward to welcoming the Hinowa team into the Oshkosh family, said John Pfeifer, Oshkosh Corporations president and chief executive officer.

Key Points: 
  • We look forward to welcoming the Hinowa team into the Oshkosh family, said John Pfeifer, Oshkosh Corporations president and chief executive officer.
  • We are excited to expand our long-term relationship with Hinowa, said Frank Nerenhausen, executive vice president Oshkosh Corporation and president, JLG Industries.
  • We are pleased to join Oshkosh Corporation, said Dante Fracca, founder and owner of Hinowa.
  • , All brand names referred to in this news release with the exception of Hinowa are trademarks of Oshkosh Corporation or its subsidiary companies.

The Global Construction Equipment OEM Telematics Market 2022: Installed Units to Reach 9.6 Million by 2026 at a CAGR of 13% - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 9, 2022
Construction & Property, Other Construction & Property, Caterpillar, Hyundai Heavy Industries, Volvo Construction Equipment, Bobcat Company, Hitachi Construction Machinery, OEM, Partnership, John Deere, CE, Liebherr, CNH Industrial, JCB, Company, JLG Industries, Terex, Original equipment manufacturer, SANY, CAGR, Komatsu, Heavy equipment, Locksmithing, Synthetic oil

Berg Insight has found that the global installed base of active construction equipment OEM telematics systems reached 5.2 million units in 2021.

Key Points: 
  • Berg Insight has found that the global installed base of active construction equipment OEM telematics systems reached 5.2 million units in 2021.
  • The European market accounted for around 0.8 million active construction equipment OEM telematics systems at the end of 2021.
  • The Rest of World moreover represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.
  • Are there regional variations on the global market for construction equipment telematics?

Sarcos Technology and Robotics Corporation Announces First Quarter 2022 Financial Results

Retrieved on: 
Wednesday, May 11, 2022
Risk, Engineering, Private Securities Litigation Reform Act, Research, JLG Industries, U.S. Securities and Exchange Commission, JLG, Robotics, Webcast, News, Investment, NASDAQ, Sarcos, Government, Solution, Burn, Judgement, Instinct, Technology, Element, SALT, Partnership, Compliance, Human, Forward-looking statement, Safety, Allgood, XT, STRC, GT, Intelligence, Acquisition, SEC, RE2, Security (finance), CEO, GLOBE, Mobile phone, Video game, Pharmaceutical industry, Risk management

SALT LAKE CITY, May 11, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the development of highly dexterous robotic systems that augment humans to enhance productivity and safety, today announced financial results for the quarter ending March 31, 2022.

Key Points: 
  • SALT LAKE CITY, May 11, 2022 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW), a leader in the development of highly dexterous robotic systems that augment humans to enhance productivity and safety, today announced financial results for the quarter ending March 31, 2022.
  • Total operating expenses for the first quarter were $26.4 million, compared to first quarter 2021 operating expenses of $7.0 million.
  • The discussion in this press release regarding Sarcos results of operation for the three months ended March 31, 2022, does not include the financial results of RE2, as Sarcos had not acquired RE2 as of March 31, 2022.
  • Sarcos will hold a conference call to discuss the first quarter 2022 financial results, along with managements business outlook, at 5:00 p.m.

Sarcos Technology and Robotics Corporation Closes Acquisition of RE2, Inc.

Retrieved on: 
Monday, April 25, 2022
Software, Technology, Mobile, Wireless, Hardware, RE2, CEO, Technology, Government, Adoption, Judgement, Oshkosh Corporation, Robotics, U.S. Securities and Exchange Commission, COVID-19, Security (finance), NASDAQ, Instinct, GT, Aviation, Private Securities Litigation Reform Act, Wilson Sonsini Goodrich & Rosati, STRC, PJT Partners, Contract, Company, Solution, SEC, Forward-looking statement, NYSE, Blank Rome, Intelligence, Professional corporation, Safety, Â, Partnership, Acquisition, Risk, JLG Industries, Exercise, P.C, Risk management, Stifel, Sarcos

Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW) today announced the successful closing of the previously announced acquisition of Pittsburgh-based robotics company RE2, Inc. , a developer of autonomous and teleoperated mobile robotic systems for use in the aviation, construction, defense, energy, and medical industries.

Key Points: 
  • Sarcos Technology and Robotics Corporation (Sarcos) (NASDAQ: STRC and STRCW) today announced the successful closing of the previously announced acquisition of Pittsburgh-based robotics company RE2, Inc. , a developer of autonomous and teleoperated mobile robotic systems for use in the aviation, construction, defense, energy, and medical industries.
  • We are delighted to officially welcome the entire RE2 team to the Sarcos family, said Kiva Allgood, President and CEO, Sarcos.
  • The combination of Sarcos and RE2 brings together two leading robotics companies working to accelerate the implementation of robotics and move the access industry forward.
  • Wilson Sonsini Goodrich & Rosati, Professional Corporation acted as legal counsel and PJT Partners acted as financial advisor to Sarcos.