NIU College of Engineering and Engineering Technology

Viridi Expands Global Presence with Launch of MENA Subsidiary

Retrieved on: 
Wednesday, October 25, 2023
Green Technology, Manufacturing, Environment, Batteries, Other Technology, Building Systems, Other Construction & Property, Residential Building & Real Estate, Technology, Commercial Building & Real Estate, Other Energy, Construction & Property, Utilities, Oil, Gas, Alternative Energy, Energy, Other Manufacturing, Engineering, Strategic planning, Architecture, NIU College of Engineering and Engineering Technology, Al-Tunisi, Middle, Safety, Renewable energy, Saudi Aramco, Viridi

Viridi, a developer of innovative battery technology that can be safely installed and operated in nearly any environment or location, is expanding its global presence through the launch of Viridi MENA.

Key Points: 
  • Viridi, a developer of innovative battery technology that can be safely installed and operated in nearly any environment or location, is expanding its global presence through the launch of Viridi MENA.
  • This subsidiary, headquartered in Al Khobar, Saudi Arabia, will work with partners in the region to manufacture and deploy Viridi's unique fail-safe lithium-ion battery energy storage systems throughout the Middle East and North Africa (MENA).
  • Eng.Nabelah Al-Tunisi, a distinguished figure in the regional energy industry who is renowned for her previous role as Chief Engineer at Saudi Aramco, will lead Viridi MENA as company president.
  • According to the Middle East Institute, MENA countries are ambitiously aiming to generate between 15% - 50% of their power from renewable energy sources by 2030.

DataOps.live Celebrates a Breakout FY23 with 400%+ Growth, as Demand for DataOps Products Accelerates and Market Awareness Grows

Retrieved on: 
Thursday, March 2, 2023
Safety, Encore Data Products, Engineer, Development communication, NIU College of Engineering and Engineering Technology, Blog, Gartner, Guy Adams, Dataproducts, DataOps, Environment, Single sign-on, OneWeb, Growth, SSO, Data quality, Online shopping, Video game, Snowflake

The Data Products company has experienced a significant breakthrough in the fiscal year 2022-23, with 400%+ growth, thanks to the rising demand for DataOps products and increased market awareness.

Key Points: 
  • The Data Products company has experienced a significant breakthrough in the fiscal year 2022-23, with 400%+ growth, thanks to the rising demand for DataOps products and increased market awareness.
  • The 2022-23 fiscal year has seen impressive financial and business growth metrics that demonstrate a strong product/market fit, and rapid business growth.
  • In addition to the financial and market growth, DataOps.live has made significant product innovations in usability, security, and orchestration.
  • Also in December 2022, Gartner delivered its very first Market Guide for DataOps Tools , an important recognition of DataOps software as a distinct market in its own right.

Techmer PM and Purdue CMSC to Showcase Digital Twin Software Set to Revolutionize Additive Manufacturing

Retrieved on: 
Wednesday, September 28, 2022
Software, Technology, Chemicals, Plastics, Manufacturing, Software, Workflow, Composite, Purdue University, 3D, Risk, CAMX, PEEK, Thermwood Corporation, Industry, Plastic, Technology, Wind, College, CA, CMSC, NIU College of Engineering and Engineering Technology, Virginia Modeling, Analysis and Simulation Center, Research, Additive, Multimedia, 3D printing, Original equipment manufacturer, Fiorini, Plastics News, Engineering

This 1,400lb part is made from Techmer PMs Electrafil PESU 1810 3DP material and is a vacuum tool for helicopter blades.

Key Points: 
  • This 1,400lb part is made from Techmer PMs Electrafil PESU 1810 3DP material and is a vacuum tool for helicopter blades.
  • The presentation titled Validated Simulation for Large Scale Additive Manufacturing will explore the inherent challenges when 3D printing massive parts.
  • The Composites Manufacturing & Simulation Center (CMSC) is a bridge between the academic and industrial communities, connecting the global composites industry and Indiana manufacturing to Purdue University.
  • Finally, the CMSC is dedicated to training engineers across the entire composites community in composites manufacturing and simulation.

DGAP-News: Mutares SE & Co. KGaA: Mutares increases consolidated revenues by 60% in the first half of the year – Target of at least EUR 4.0 billion consolidated revenues for 2022

Retrieved on: 
Thursday, August 11, 2022
Peer Raben, Allegheny Technologies, ISIN, Investment, Sale, Group, Saskatchewan River Sturgeon Management Board, History, Earnings, Raben Group, EBITDA, COVID-19, EXI, Acquisition, Interest, STS Group, Depreciation, Mobility, Goods, Net income, Technology, Automotive industry, Tax, Good Service Medal, Bronze, Realignment, Solution, NIU College of Engineering and Engineering Technology, Film, Renewable energy, Mutares, EUR

Revenues and dividends from the portfolio result in the so-called "Portfolio Income", which amounts to EUR 32.6 million for the first half of 2022 (H1 2021: EUR 23.0 million).

Key Points: 
  • Revenues and dividends from the portfolio result in the so-called "Portfolio Income", which amounts to EUR 32.6 million for the first half of 2022 (H1 2021: EUR 23.0 million).
  • The Mutares Group generated revenues of EUR 1,754.6 million in the first half of 2022 (H1 2021: EUR 1,093.9 million).
  • Segment EBITDA amounted to EUR -40.3 million in the first half of 2022 (H1 2021: EUR -2.6 million), while Adjusted EBITDA was EUR -36.5 million (H1 2021: EUR 4.7 million).
  • Revenues of the Goods & Services segment amounted to EUR 746.8 million in the first half of 2022 (H1 2021: EUR 327.9 million).

DGAP-News: Mutares SE & Co. KGaA: Successful first quarter of 2022 – High transaction activity and full acquisition pipeline with more than EUR 11 billion revenue volume

Retrieved on: 
Tuesday, May 10, 2022
NIU College of Engineering and Engineering Technology, Semiconductor, Investment, Engineering & Technology, ISH, Singapore Armed Forces Good Service Medal, EXI, EBITDA, STS Group, Goods, Tax, Mutares, EUR, LMS, Depreciation, ISIN, Mobility, Sale, Realignment, Solution, Technology, Growth, Automotive industry, IPO, Acquisition, Security (finance), Film, Bank, Siemens Energy, Group

Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.

Key Points: 
  • Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.
  • At Group level, Mutares generated consolidated revenues of EUR 852.5 million in the first quarter of financial year 2022 (previous year: EUR 493.8 million).
  • As a result, Group EBITDA amounted to EUR - 14.3 million in the first quarter of 2022 (previous year: EUR + 53.8 million).
  • In the Automotive & Mobility segment, revenues increased to EUR 234.1 million in the first quarter of 2022 (previous year: EUR 187.0 million).

Signing LOI with City U - HKATG Moves Forward Against Pandemic

Retrieved on: 
Thursday, March 17, 2022
Constellation, Letter, College, Solution, Technology, IOE, Electrical engineering, Invention, Communication, Higher education in Hong Kong, LOI, City University, Group, Hope, NIU College of Engineering and Engineering Technology, Company, Research, Shenzhen University, State Key Laboratories, Electronics, Engineering, Efficiency, Tutoring, Television, Communications satellite

According to the LOI, HKATG and the College of Engineering of the City University of Hong Kong agreed to conduct cooperative research on aerospace technology.

Key Points: 
  • According to the LOI, HKATG and the College of Engineering of the City University of Hong Kong agreed to conduct cooperative research on aerospace technology.
  • The LOI commenced on the date of the execution and will be effective for 3 years.
  • It is said that HKATG will partner with the State Key Laboratory of Terahertz and Millimeter Waves at the City University of Hong Kong, the laboratory was established in March 2008.
  • It is the first laboratory of its kind in the engineering discipline in Hong Kong.

STANDEX ACQUIRES SENSOR SOLUTIONS

Retrieved on: 
Tuesday, March 1, 2022
Standex International, NIU College of Engineering and Engineering Technology, View, Catalog, Solution, Ownership, Growth, NYSE, Multimedia, Electronics, Company, Hall, Acquisition, Engineering, Instrumentation, Online shopping

SALEM, N.H., March 1, 2022 /PRNewswire/ -- Standex International Corporation (NYSE:SXI)today announced that it has acquired privately-held, Colorado-based Sensor Solutionsfor approximately $9.7million in cash.

Key Points: 
  • SALEM, N.H., March 1, 2022 /PRNewswire/ -- Standex International Corporation (NYSE:SXI)today announced that it has acquired privately-held, Colorado-based Sensor Solutionsfor approximately $9.7million in cash.
  • "We are very pleased to have acquired Sensor Solutions, a great strategic fit which further expands our technical and applications expertise and range of customer solutions in high value, growing sectors such as electric vehicles, industrial automation and medical end markets.
  • Sensor Solutions programmable magnetic Hall and specialty sensors include customized, flexible sensor design solutions that meet the growing market demand for the manufacture of smart technologies," commented President and Chief Executive Officer David Dunbar.
  • Founded in 1993, Sensor Solutions, Inc. designs and manufactures magnetic sensing products with a catalog offering more than 6,000 unique magnetic sensors and accessories.

FANUC America and the Manufacturing Skill Standards Council (MSSC) Agree to Co-market the Stackability of Their Certifications to Meet the Shortage of Skilled Industrial Robotics and Automation Operators

Retrieved on: 
Thursday, November 18, 2021
Great Oaks Career Campuses, Senior, FANUC, Automation, CEO, Data analysis, Advanced Materials, School, Industry, Environment, IIOT, Partnership, Robotics, Corporation, CPT, Student, Assistant professor, Autonomous robot, Augmented reality, Gaps, CNC, Artificial intelligence, Ivy Tech Community College of Indiana, ISO, Industrial, Stackable switch, Organization, Knowledge, NBS, NIU College of Engineering and Engineering Technology, NOCTI, Certification, Multimedia, MSSC, Medical device, Machine shop, Medicine

Both organizations offer their certification assessments through NOCTI/Nocti Business Solutions (NBS), the well-established leader in industry-developed and recognized Certification Assessments.

Key Points: 
  • Both organizations offer their certification assessments through NOCTI/Nocti Business Solutions (NBS), the well-established leader in industry-developed and recognized Certification Assessments.
  • This partnership creates a streamlined approach for schools and industry partners when administering the certifications.
  • FANUC offers industry 4.0 Connected Smart Manufacturing occupational pathways and stackable certifications beginning with the FANUC Certified Robot-Operator (FCR-O1 & FCR-O2) to develop entry- level skills for exciting careers in robotics and automation.
  • The objective is to align students and job seekers on a pathway to become advanced automation operators, technicians, systems integration specialist, or engineers.

DGAP-News: Mutares with high momentum: Record revenues in the first half of 2021 and increased guidance until 2023 with target of at least EUR 5 billion in consolidated revenues

Retrieved on: 
Tuesday, September 7, 2021

At EUR 411.5 million (H1 2020: EUR 41.5 million), Group EBITDA was 891.5% higher than in the previous year.

Key Points: 
  • At EUR 411.5 million (H1 2020: EUR 41.5 million), Group EBITDA was 891.5% higher than in the previous year.
  • In the Automotive & Mobility segment, revenues increased to EUR 353.0 million in the first half of 2021 (H1 2020: EUR 216.4 million).
  • Revenues in the Goods & Services segment climbed to EUR 327.9 million in H1 2021 (H1 2020: EUR 162.5 million).
  • Adjusted EBITDA for the segment was EUR -3.8 million after six months in financial year 2021 (H1 2020: EUR -1.5 million).

Graham Corporation Appoints Daniel J. Thoren as President and Chief Executive Officer

Retrieved on: 
Tuesday, August 10, 2021
Other Defense, Oil, Gas, Chemicals, Plastics, Alternative Energy, Aerospace, Energy, Manufacturing, Nuclear, Defense, Maritime, Transport, Other Manufacturing, Steel, Other Energy, Utilities, Engineering, BNI, CEO, GHM, Engineering, Director, BN, Energy Independence and Security Act of 2007, University of Colorado Denver Business School, U.S. Securities and Exchange Commission, Securities Exchange Act of 1934, NYSE, Leadership, Vacuum, Organization, Corporation, Growth, Time, Acquisition, Mechanical, Culture, Navy, Technology, University, Forward-looking statement, Annual report, Â, Board, Company, Risk, Board of directors, NIU College of Engineering and Engineering Technology, Mechanical engineering, News, Securities Act of 1933, Security (finance), Management

Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the defense, energy and chemical/petrochemical industries, today announced that its Board of Directors has appointed Daniel J. Thoren as its President and Chief Executive Officer, effective September 1, 2021.

Key Points: 
  • Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the defense, energy and chemical/petrochemical industries, today announced that its Board of Directors has appointed Daniel J. Thoren as its President and Chief Executive Officer, effective September 1, 2021.
  • Mr. Thoren currently serves as Grahams President and Chief Operating Officer.
  • Mr. Lines commented, It has been an honor and privilege to serve as the president and chief executive officer of Graham.
  • Dan Thoren became Grahams President and Chief Operating Officer in June 2021.