NRE

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - Introduction of Large AI Models into Vehicles has Become a Main Trend

Retrieved on: 
Thursday, February 15, 2024
Cloud, Google Cloud, ETAS, SkyOS, Socs, AI, Research, Fusion, Partnership, Supply chain, IAA, Original equipment manufacturer, NRE, NIO, ChatGPT, Conference, OS, Human, GPT, Software as a service, Mercedes-Benz, Qualcomm, EEA, Apple, Vector, IP, Li Auto, Volkswagen, Mind, Microsoft, Artificial intelligence, CARIAD, Travel, Software

DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 15, 2024 /PRNewswire/ -- The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • In terms of business forms, software providers are now engaged in custom software development and design, technical services, software licensing/authorization and system integration.
  • The introduction of large AI models into vehicles has become a main trend this year.
  • Moreover as the application of large AI models in vehicles speeds up, suppliers also create the foundation model pre-integrated supply mode.

China Automotive Software Business Models and Suppliers' Layout Research Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024
Software, Technology, Automotive Manufacturing, Manufacturing, Name, Socs, Research, Supply chain, Original equipment manufacturer, NRE, NIO, ChatGPT, Mercedes-Benz, Ecosystem, Li Auto, IP, Intellectual property, Chery

The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Software Business Models and Suppliers' Layout Research Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • A newly published research report delves into the intricate landscape of automotive software business models and supplier strategies, highlighting the significant developments and tactical shifts occurring within this fast-evolving sector.
  • The industry report serves as a vital touchstone for stakeholders in the automotive arena, providing comprehensive insights into current practices and forward-looking trends shaping the automotive software business.
  • Adaptive business models positioned for future profitability, as the focus shifts from vehicle sales to application software and service enhancements.

Cognata Demonstrates Advanced Automated Parking Assist HIL Solution at CES 2024

Retrieved on: 
Thursday, January 4, 2024
RADAR, Architecture, Electronic control unit, APA, HIL, Hydrocodone/ibuprofen, AMD, NRE, LIDAR, ADAS, ECU, LVCC, CES, Safety, Automotive industry, Environment, Video game

REHOVOT, Israel, Jan. 4, 2024 /PRNewswire/ -- Cognata LTD proudly announced it will demonstrate its hardware automated parking assistance (APA) technology concept and architecture at CES 2024. SimCloud, Cognata's cutting-edge high-precision AI simulation platform, incorporates omnidirectional fisheye camera capabilities in its system which overlaps four different cameras for complete coverage and increased safety. The demonstration at CES will include Xylon logiRECORDER Automotive HIL Video Logger which is powered by a reference architecture built around AMD Zynq Ultrascale+ MPSoCs.

Key Points: 
  • REHOVOT, Israel, Jan. 4, 2024 /PRNewswire/ -- Cognata LTD proudly announced it will demonstrate its hardware automated parking assistance (APA) technology concept and architecture at CES 2024.
  • The demonstration at CES will include Xylon logiRECORDER Automotive HIL Video Logger which is powered by a reference architecture built around AMD Zynq Ultrascale+ MPSoCs.
  • Cognata's Real-Time Multi-Sensor simulation solution offers a sophisticated platform for testing advanced driver assistance systems (ADAS) and autonomous vehicles (AV).
  • AMD's automated parking assistance technology uses a combination of sensors and cameras to detect the surrounding environment and calculate the best parking path.

Pertamina NRE presents Indonesia's EV ecosystem at COP28

Retrieved on: 
Wednesday, December 6, 2023
Biophysical environment, Domestic, COP28, Policy, Infrastructure, Conference, Ecosystem, Carbon, Sustainable Development Goals, Natural Resources, Recycling, Transport, Government, Motorcycle, City, HSBC, EVS, ESG, NRE, Commerce, Private sector, Social, Bloomberg L.P., Mining, Metal, Nickel, Investment, Renewable energy

Dannif Danusaputro, President Director of Pertamina New Renewable Energy (NRE), a subsidiary of the state-owned oil and gas company, conveyed their commitment to developing the EV ecosystem.

Key Points: 
  • Dannif Danusaputro, President Director of Pertamina New Renewable Energy (NRE), a subsidiary of the state-owned oil and gas company, conveyed their commitment to developing the EV ecosystem.
  • In November 2023, Pertamina NRE partnered with PT VKTR Mobility Technology Tbk to initiate sustainable mobility solutions.
  • Infrastructure and connectivity will facilitate supply chain distribution, accelerating the realization of the EV ecosystem.
  • Pertamina NRE's support for the EV ecosystem aligns with President Joko Widodo's directive to expedite public transportation electrification, as stipulated in Presidential Regulation No.

POET Technologies Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023
Sale, CIOE, Research, Engineering, POET, SPX, Bank statement, Form, Exercise, Die (integrated circuit), Artificial intelligence, Depreciation, NRE, Laser, TMX Group, YST, Light, Selective laser sintering, PTK, SEDAR, JV, ATM, Growth, Capital Group Companies, Programmable interrupt controller, Loss, AI, Average cost, News, Security (finance), Rare-earth element

TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited consolidated financial results for the third quarter ended September 30, 2023.
  • On November 6, 2023, the Company provided a financial update that included preliminary, unaudited financial data in advance of this press release.
  • The Company’s share of loss is approximately 78.4% of the loss of SPX in the third quarter of 2023, 86.3% in the third quarter of 2022 and 80.7% in the second quarter of 2023.
  • Cash flow from operating activities in the third quarter of 2023 was ($4.1) million, compared to ($2.5) million in the third quarter of 2022 and ($4.0) million in the second quarter of 2023.

Joby, ANA Holdings Partner with Nomura Real Estate Development for Vertiports in Japan

Retrieved on: 
Friday, December 8, 2023
Other Transport, Environment, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Air, Transport, Sustainability, Green Technology, Ministry, Aviation, ANA, Japan Civil Aviation Bureau, NYSE, Future Air Navigation System, Joby Aviation, HD, JCAB, Multimedia, NRE, Joby, Tokyo Bay, Conference, Federal Aviation Administration, Dallas CBD Vertiport, Tokyo Metropolitan Government, Certification, Noise, Airline

Joby Aviation, Inc. (NYSE:JOBY), a company developing an all-electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has partnered with ANA Holdings Inc. (“ANA HD”) and Nomura Real Estate Development Co. Ltd. (“NRE”), one of Japan’s largest real estate developers, on the development of take-off and landing infrastructure, known as vertiports, to support the commercialization of its electric air taxi service across Japan.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing an all-electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has partnered with ANA Holdings Inc. (“ANA HD”) and Nomura Real Estate Development Co. Ltd. (“NRE”), one of Japan’s largest real estate developers, on the development of take-off and landing infrastructure, known as vertiports, to support the commercialization of its electric air taxi service across Japan.
  • The partners will primarily focus on locations in the metropolitan areas such as Tokyo, expanding over time to include numerous urban areas across greater Japan.
  • Joby and ANA HD, Japan’s largest airline group holding company, first partnered in 2022 to bring electric air taxi services to Japan.
  • NRE, one of the largest real estate developers in Japan, joins Joby and ANA HD as they seek to develop air taxi services in Japan.

Innoviz Reports Third-Quarter 2023 Results, Delivering Strong Sequential and Year-Over-Year Revenue Growth

Retrieved on: 
Wednesday, November 8, 2023
Volkswagen Group, Velodyne Lidar, COGS, Electronics, RFQ, BMW Group Plant Dingolfing, TEL, Shuttle, Certification, Lidar, MRM, Level 3, SOP, Consumer Electronics Show, Tier 1, ASIC, CES, BMW, NRE, Automotive industry, Cryptocurrency, Video game

TEL AVIV, Israel, Nov. 8, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the third quarter ended September 30, 2023 and reiterated 2023 commercial and financial targets.

Key Points: 
  • The change highlights the flexibility of the platform and is expected to increase the total revenue content per vehicle available to Innoviz.
  • The 138% quarter-over-quarter increase in revenues was driven by strong growth in InnovizTwo unit sales, which increased 102% sequentially, coupled with incremental NRE revenue.
  • Operating expenses in Q3 2023 were $27.8 million, a decrease of 11% compared to operating expenses of $31.3 million in Q3 2022.
  • Operating expenses for Q3 2023 included $5.0 million of share-based compensation compared to $4.9 million of share-based compensation in Q3 2022.

POET Provides Financial Update

Retrieved on: 
Monday, November 6, 2023
Bank statement, ChatGPT, Growth, AI, Sale, News, Acquisition, NRE, POET

The Company’s financial closing procedures with respect to the estimated financial information provided in this press release are not yet complete, and as a result, the Company's final results may vary materially from the preliminary results included in this press release.

Key Points: 
  • The Company’s financial closing procedures with respect to the estimated financial information provided in this press release are not yet complete, and as a result, the Company's final results may vary materially from the preliminary results included in this press release.
  • The Company undertakes no obligation to update or supplement the information provided in this press release until the Company releases its financial statements for the three months ended September 30, 2023.
  • This preliminary financial information should not be viewed as a substitute for full financial statements prepared in accordance with IFRS and is not necessarily indicative of the results to be achieved for any future periods.
  • This preliminary financial information could be impacted by the effects of financial closing procedures, final adjustments, and other developments.

Everspin Reports Unaudited Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023
Technology, Semiconductor, Engineering, Other Technology, Automotive Manufacturing, Manufacturing, Hardware, IOT (Internet of Things), Data Management, FRAM, Instability, Security (finance), SRAM, Temperature, Tax, EBITDA, GAAP, Bank statement, NVSRAM, Toggle, Risk, COVID-19, Radiation, STT-MRAM, Depreciation, BBSRAM, NOR, Annual report, NRE, Cryptocurrency, Video game, MRAM, Everspin Technologies

Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced preliminary unaudited financial results for the third quarter ended September 30, 2023.
  • Gross margin was 60.2%, compared to 58.4% in the second quarter of 2023 and 58.8% in the third quarter of 2022.
  • GAAP operating expenses were $7.9 million 2023, compared to $7.6 million in the second quarter of 2023 and $7.1 million in the third quarter of 2022.
  • Everspin encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.

Vuzix Continues to Receive Follow-on and New Design Orders from Multiple Tier-1 Aerospace and Defense Firms

Retrieved on: 
Monday, October 16, 2023
NRE, Smartglasses, HUD, HMD, Augmented reality, AR, OEM, FOV, HD, Vuzix

The Company expects to receive additional NRE (non-recurring engineering) orders for subsequent phases from some of these contractors.

Key Points: 
  • The Company expects to receive additional NRE (non-recurring engineering) orders for subsequent phases from some of these contractors.
  • Once final customer-accepted product designs have been achieved, they could ultimately lead to production program orders.
  • The customized HMD waveguide and HD display engine development program with this customer continues to move toward production.
  • "We are working closely with many of the world's leading aerospace and defense firms on projects that could ultimately provide significant deployment and thus revenue opportunities for Vuzix," said Paul Travers, President and CEO of Vuzix.