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Stoke Space Announces $100 Million in New Investment

Retrieved on: 
Thursday, October 5, 2023

DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company's total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova.

Key Points: 
  • Investment to Fund Further Development of its Fully Reusable Rocket and New Construction at Launch Complex 14 at Cape Canaveral Space Force Station, Fla.
    DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation.
  • This investment more than doubles the company's total funding, which now sits at $175 million.
  • "This new round of funding is a huge vote of confidence in our team," said Andy Lapsa, CEO and Co-Founder, Stoke Space.
  • Stoke has been granted dedicated use of Launch Complex 14 by the US Space Force for its orbital flights.

Hydrogen Energy Storage Market worth $196.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 29, 2023

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.

Key Points: 
  • Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.
  • Innovations in compression technology are continually improving efficiency and safety, further enhancing the viability of hydrogen energy storage as a clean and versatile energy solution.
  • This report segments the Hydrogen Energy Storage Market based on end user into three segments: Industrial, Commercial, Electric Utilities.
  • The growing emphasis on decarbonizing industries such as transportation, manufacturing, and energy generation has also fueled the demand for hydrogen energy storage solutions.

Hydrogen Energy Storage Market worth $196.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 29, 2023

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.

Key Points: 
  • Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.
  • Innovations in compression technology are continually improving efficiency and safety, further enhancing the viability of hydrogen energy storage as a clean and versatile energy solution.
  • This report segments the Hydrogen Energy Storage Market based on end user into three segments: Industrial, Commercial, Electric Utilities.
  • The growing emphasis on decarbonizing industries such as transportation, manufacturing, and energy generation has also fueled the demand for hydrogen energy storage solutions.

The Industrial Refrigerants Market Size Is Expected To Grow At A Rate Of More Than 7% And Reach A Value Of $34.2 Billion By 2027 - By The Business Research Company

Retrieved on: 
Monday, September 25, 2023

LONDON , Sept. 25, 2023 /PRNewswire/ -- As per The Business Research Company's Refrigerants Global Market Report 2023, the global refrigerants market has experienced significant expansion, reflecting a growing emphasis on sustainability and climate considerations. According to recent market research, the global refrigerants market size exhibited robust growth, surging from $22.93 billion in 2022 to $25.34 billion in 2023, boasting a commendable compound annual growth rate (CAGR) of 10.5%. Furthermore, the refrigerants market is poised to continue its upward trajectory, with expectations of reaching $34.23 billion in 2027, reflecting a CAGR of 7.8%.

Key Points: 
  • According to recent market research, the global refrigerants market size exhibited robust growth, surging from $22.93 billion in 2022 to $25.34 billion in 2023, boasting a commendable compound annual growth rate (CAGR) of 10.5%.
  • Furthermore, the refrigerants market is poised to continue its upward trajectory, with expectations of reaching $34.23 billion in 2027, reflecting a CAGR of 7.8%.
  • Rising Global Temperatures: Escalating global temperatures are driving the need for efficient and effective cooling systems, contributing to the growth of the refrigerants market.
  • Asia-Pacific emerged as the largest region in the refrigerants market , with a market worth $9,425.6 million in 2022.

The Industrial Refrigerants Market Size Is Expected To Grow At A Rate Of More Than 7% And Reach A Value Of $34.2 Billion By 2027 - By The Business Research Company

Retrieved on: 
Monday, September 25, 2023

LONDON, Sept. 25, 2023 /PRNewswire/ -- As per The Business Research Company's Refrigerants Global Market Report 2023, the global refrigerants market has experienced significant expansion, reflecting a growing emphasis on sustainability and climate considerations. According to recent market research, the global refrigerants market size exhibited robust growth, surging from $22.93 billion in 2022 to $25.34 billion in 2023, boasting a commendable compound annual growth rate (CAGR) of 10.5%. Furthermore, the refrigerants market is poised to continue its upward trajectory, with expectations of reaching $34.23 billion in 2027, reflecting a CAGR of 7.8%.

Key Points: 
  • According to recent market research, the global refrigerants market size exhibited robust growth, surging from $22.93 billion in 2022 to $25.34 billion in 2023, boasting a commendable compound annual growth rate (CAGR) of 10.5%.
  • Furthermore, the refrigerants market is poised to continue its upward trajectory, with expectations of reaching $34.23 billion in 2027, reflecting a CAGR of 7.8%.
  • Rising Global Temperatures: Escalating global temperatures are driving the need for efficient and effective cooling systems, contributing to the growth of the refrigerants market.
  • Asia-Pacific emerged as the largest region in the refrigerants market , with a market worth $9,425.6 million in 2022.

Global Hydrogen Market Set for Significant Expansion: Projected Value of $761.3 Billion by 2040 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 11, 2023

The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

Key Points: 
  • The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.
  • The Asia Pacific region is also noteworthy, with a projected revenue of US$ 209,017.9 million by 2027.
  • The report offers insights such as:
    Hydrogen market poised to grow at a CAGR of 7.58% from 2023 to 2040.
  • Questions Answered in the Report:
    What is the projected growth rate of the global Hydrogen market?

Asia Pacific Industrial Gases Market Set for Remarkable Growth from 2024 to 2028 Driven by Surging Hydrogen Demand - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 5, 2023

The Asia Pacific Industrial Gases Market is poised for significant growth in the forecast period from 2024 to 2028, driven by various factors including the escalating demand for hydrogen in multiple applications such as fuel cells, transportation, and industrial processes.

Key Points: 
  • The Asia Pacific Industrial Gases Market is poised for significant growth in the forecast period from 2024 to 2028, driven by various factors including the escalating demand for hydrogen in multiple applications such as fuel cells, transportation, and industrial processes.
  • The Asia Pacific Industrial Gases Market is experiencing rapid expansion, encompassing the production and distribution of gases like oxygen, nitrogen, hydrogen, and carbon dioxide, among others.
  • The region's flourishing manufacturing sector, particularly in countries like China, India, Japan, and South Korea, has been pivotal in propelling the Asia Pacific Industrial Gases Market.
  • Renewable energy sources are also a central driving force behind the growth of the Asia Pacific Industrial Gases Market.

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points: 
  • Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
  • As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
  • This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
  • North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points: 
  • Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
  • As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
  • This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
  • North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

Hyosung Chairman Hyun-Joon Cho Achieves Global Innovation through "Agile Management."

Retrieved on: 
Tuesday, August 29, 2023

Chairman Hyun-Joon Cho: "For the company to survive and thrive, transformation into an agile organization is a must"

Key Points: 
  • Chairman Hyun-Joon Cho: "For the company to survive and thrive, transformation into an agile organization is a must"
    SEOUL, South Korea, Aug. 29, 2023 /PRNewswire/ -- Hyosung Group Chairman Hyun-Joon Cho is making efforts to create an agile organization to adapt to the rapidly evolving global market.
  • Chairman Cho operates under an independent management system, centered around specialized executives for each subsidiary.
  • Chairman Cho is leading the employees toward practicing agile management through the core value system called "Hyosung Way."
  • This system sets four core values - "Excellence," "Innovation," "Responsibility," and "Trust" - as the standards for thinking and behavior that all Hyosung members around the world should embrace to build a global Hyosung.