Westinghouse Electric Corporation

PSEG Elects Ricardo G. Pérez to Board of Directors

Retrieved on: 
Wednesday, January 24, 2024
RIC, University, Public Service Enterprise Group, Westinghouse Electric Corporation, Nuclear energy, Workforce, TVA, Engineering, Tennessee Valley, Management

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.

Key Points: 
  • NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.
  • Prior to TVA, Pérez served the Westinghouse Electric Company from 1981 to 2013, including as president and chief operating officer from 2010 to 2013.
  • He also has valuable experience in talent development, a workforce priority," PSEG Chair, President and CEO Ralph LaRossa said.
  • Pérez is a member of the University of Florida Nuclear Engineering Advisory Board and an executive member of the Latino Corporate Directors Association.

WATT Fuel Cell Appoints Danielle Ramaley as VP, Sales and Marketing to Lead Commercial Operations and Growth Strategy

Retrieved on: 
Tuesday, January 16, 2024
Engineering, Westinghouse Electric Company, WATT, Westinghouse Electric Corporation, Point Park University, Bloom, Marketing, Drexel University, Westinghouse, Engineering management, Bloom Energy, Management

MOUNT PLEASANT, Pa., Jan. 16, 2024 /PRNewswire/ -- WATT Fuel Cell Corp ("WATT") is pleased to announce the appointment of Danielle Ramaley as vice president, sales and marketing.

Key Points: 
  • MOUNT PLEASANT, Pa., Jan. 16, 2024 /PRNewswire/ -- WATT Fuel Cell Corp ("WATT") is pleased to announce the appointment of Danielle Ramaley as vice president, sales and marketing.
  • In her new role, Ramaley will lead commercial operations and marketing for the organization as it grows its Solid Oxide Fuel Cell (SOFC) systems launch.
  • Ramaley joins WATT with more than 15 years of experience in the energy market with prior roles in business development, marketing, sales, and product management.
  • Most recently, she served in senior director roles at Bloom Energy leading growth marketing, strategy, and utility business development.

Mitsubishi Electric and TXOne Networks to Cooperate in Mutual Expansion of OT Security Businesses

Retrieved on: 
Tuesday, December 12, 2023
Security, IOT (Internet of Things), Technology, Manufacturing, Networks, Other Manufacturing, Internet, Mitsubishi Electric, Safety, Internet of things, SEMI, Multimedia, Marketing, Semiconductor, Westinghouse Electric Corporation, DX, Car, Knowledge, Environment, Information, Online shopping, OT

View the full release here: https://www.businesswire.com/news/home/20231211092566/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231211092566/en/
    Mitsubishi Electric Corporation and TXOne Networks collaboration to create innovative new value in OT security by combining Mitsubishi Electric's assessment, maintenance and operation services as well as control equipment and systems with TXOne's OT security products.
  • The new OT security solutions are expected to improve manufacturing productivity, efficiency and safety as well as security levels throughout the supply chains of various industries.
  • TXOne provides OT security solutions that enable manufacturers to comply with security guidelines, such as the semiconductor sector's SEMI E187* specification.
  • "As cyber threats continue to evolve, TXOne remains committed to fortifying the industrial landscape with pioneering OT security solutions," said Dr. Terence Liu, CEO of TXOne Networks.

Mitsubishi Electric and TXOne Networks to Cooperate in Mutual Expansion of OT Security Businesses

Retrieved on: 
Monday, December 11, 2023
Semiconductor, Security, Consumer Electronics, Technology, Software, Hardware, Mitsubishi Electric, Safety, Internet of things, Multimedia, Marketing, Westinghouse Electric Corporation, DX, Car, Knowledge, Environment, Information, Mobile phone, OT

Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.

Key Points: 
  • Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.
  • View the full release here: https://www.businesswire.com/news/home/20231211025058/en/
    Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.
  • TXOne provides OT security solutions that enable manufacturers to comply with security guidelines, such as the semiconductor sector's SEMI E187* specification.
  • "As cyber threats continue to evolve, TXOne remains committed to fortifying the industrial landscape with pioneering OT security solutions," said Dr. Terence Liu, CEO of TXOne Networks.

Mitsubishi Electric and TXOne Networks to Cooperate in Mutual Expansion of OT Security Businesses

Retrieved on: 
Monday, December 11, 2023
Supply Chain Management, Technology, Manufacturing, IOT (Internet of Things), Security, Other Manufacturing, Retail, Software, Networks, Internet, Hardware, Mitsubishi Electric United States, Safety, Internet of things, Mitsubishi Electric, Marketing, Semiconductor, Westinghouse Electric Corporation, DX, Car, Knowledge, Environment, OT

Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.

Key Points: 
  • Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.
  • OT and industrial control systems in manufacturing sites are often operated in closed environments, with IT and OT systems separated from each other.
  • Mitsubishi Electric offers comprehensive OT security solutions to protect manufacturing sites from cyberattacks.
  • TXOne provides OT security solutions that enable manufacturers to comply with security guidelines, such as the semiconductor sector's SEMI E187 specification.

Mitsubishi Electric Sets Terms & Conditions for Issuing First Green Bonds

Retrieved on: 
Thursday, December 7, 2023
Professional Services, Hardware, Environmental Issues, Sustainability, Technology, Socially Responsible Investing, Other Manufacturing, Environment, Semiconductor, Green Technology, Climate Change, Finance, Manufacturing, Carbon, Sustainable Development Goals, Silicon carbide, Climate change, Mitsubishi Electric, Mitsubishi Group, Atmosphere, Water, Biophysical environment, Westinghouse Electric Corporation, News, Renewable energy

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has set the terms and conditions for issuing its first corporate green bonds in the Japanese market, as initially announced in a news release on November 10.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has set the terms and conditions for issuing its first corporate green bonds in the Japanese market, as initially announced in a news release on November 10.
  • The proceeds from the bonds will be used to construct a silicon-carbide (SiC) power semiconductor plant and upgrade related facilities.
  • Mitsubishi Electric has positioned sustainability as a cornerstone of its overall business, including initiatives to address climate change and other pressing issues facing modern society.
  • In light of the company’s active sustainability initiatives, 41 investors have announced their intention to invest in Mitsubishi Electric’s first green bonds.

Bill Stein Joins Crusoe Board of Advisors

Retrieved on: 
Thursday, November 30, 2023
Technology, Other Energy, Environmental Health, Alternative Energy, Energy, Professional Services, Artificial Intelligence, Environment, Software, Internet, Cryptocurrency, Green Technology, Data Management, Climate Change, Cloud, GPU, Digital Realty, Central Waqf Council, Climate, Istar, GI Partners, PNC Financial Services, PNC, Digital, Cloud computing, Growth, Duquesne Light Company, Westinghouse Electric Corporation

Crusoe Energy Systems LLC (“Crusoe”) announced today that A. William “Bill” Stein, former CEO of Digital Realty Trust, has joined the company’s Board of Advisors.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today that A. William “Bill” Stein, former CEO of Digital Realty Trust, has joined the company’s Board of Advisors.
  • Stein joins Crusoe on the heels of the recent announcement of a significant expansion of its high performance cloud computing business with new capacity and additional financing earmarked for further GPU purchases and data center expansion.
  • “This is a critical moment for Crusoe as they expand their digital infrastructure offerings,” said Stein.
  • Both Dolan and McGrath had previously served as members of Crusoe’s Board of Advisors for multiple years.

OPG and Westinghouse to explore areas for nuclear cooperation

Retrieved on: 
Thursday, November 30, 2023
Nuclear, Alternative Energy, Energy, Utilities, CANDU, Economics, Organization, Multimedia, Westinghouse Electric Company, SMR, Ontario Power Generation, OPG, Growth, Electricity, Westinghouse Electric Corporation, AP1000, MOU, Renewable energy, Uranium mining, Westinghouse

World Nuclear Exhibition – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.

Key Points: 
  • World Nuclear Exhibition – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.
  • View the full release here: https://www.businesswire.com/news/home/20231130222334/en/
    Patrick Fragman, Westinghouse President and CEO (left), with OPG President and CEO Ken Hartwick at the World Nuclear Exhibition in Paris.
  • With a five decades-plus history operating and refurbishing large nuclear stations, OPG is leading the way on new nuclear development to help meet this growing demand.
  • “I’m pleased to see OPG and Westinghouse look for opportunities for collaboration including leveraging the expertise of Ontario’s expert nuclear operators as Westinghouse deploys their reactors around the world, as well as utilizing Ontario's robust nuclear supply chain.”

Mitsubishi Electric and Nexperia to Partner in Joint SiC Power Semiconductors Development

Retrieved on: 
Monday, November 13, 2023
Other Manufacturing, Technology, EV, Electric Vehicles, Semiconductor, Automotive, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Hardware, Shinkansen, MOSFET, Electronics, Electron energy loss spectroscopy, Westinghouse Electric Corporation, Silicon carbide, Silicon, Partnership, Mitsubishi Electric, Nexperia

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will enter into a strategic partnership with Nexperia B.V. to jointly develop silicon carbide (SiC) power semiconductors for the power electronics market.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will enter into a strategic partnership with Nexperia B.V. to jointly develop silicon carbide (SiC) power semiconductors for the power electronics market.
  • Mitsubishi Electric will leverage its wide-bandgap semiconductor technologies to develop and supply SiC MOSFET chips that Nexperia will use to develop SiC discrete devices.
  • The electric vehicle market is expanding worldwide and is helping to drive the exponential growth of SiC power semiconductors, which offer lower energy loss, higher operating temperatures and faster switching speeds than conventional silicon power semiconductors.
  • Mitsubishi Electric has accumulated superior expertise for the development and manufacture of SiC power modules, which are known for their advanced performance and high reliability.

Second Front Systems raises $40 million, led by NEA, to speed delivery of commercial software to global public sector

Retrieved on: 
Tuesday, November 28, 2023
Belcan, Organization, Safety, AFWERX, ODNI, Acceleration, Authority, NEA, United States Intelligence Community, Public sector, Conservation officer, Software, Operate, USG, CISO, Westinghouse Electric Corporation, Government

WILMINGTON, Del., Nov. 28, 2023 /PRNewswire/ -- Second Front Systems™ (2F), a public-benefit software company accelerating the delivery of mission-critical software solutions to the government, today announced their Series B funding round of $40 million. The round was led by NEA with current investors Moore Strategic Ventures and AE Industrial Partners HorizonX also participating, bringing Second Front's total funding to date to $80.1 million.

Key Points: 
  • The round was led by NEA with current investors Moore Strategic Ventures and AE Industrial Partners HorizonX also participating, bringing Second Front's total funding to date to $80.1 million.
  • "This significant investment represents a strong vote of confidence in the Second Front team, our vision for the Game Warden platform, and the value we're delivering for our customers," said Tyler Sweatt, CEO, Second Front Systems.
  • "By removing the complexity from deploying and consuming commercial software across the public sector, we're transforming the relationship between two critical communities while improving national security.
  • Aaron Jacobson will join the Board of Directors at Second Front on NEA's behalf, with Dan Miller serving as an Observer.