Gujral

Energy Transition is Slowing, New Global Study Confirms

Retrieved on: 
Thursday, March 7, 2024

BOSTON, March 7, 2024 /PRNewswire/ -- In 2023, energy companies prioritized oil and gas over new energy areas more than they did in recent years, indicating that the drive for energy transition away from fossil fuels is easing up, according to a global study and survey from L.E.K. Consulting, the global strategy consultancy.

Key Points: 
  • Energy Sector Investment in Emerging Energy Technologies Shifts as Oil & Gas Industry Refocuses on Core and Decarbonizing Oilfield; Solar and Wind Continue to Grow
    BOSTON, March 7, 2024 /PRNewswire/ -- In 2023, energy companies prioritized oil and gas over new energy areas more than they did in recent years, indicating that the drive for energy transition away from fossil fuels is easing up, according to a global study and survey from L.E.K.
  • Global Energy Study includes qualitative insights from about 40 roundtable discussions as well as quantitative survey data involving about 300 senior executives in multiple sectors of the energy industry, including oil and gas, utilities, renewables and strategic investors.
  • "The approach to energy transition investment in the energy industry is moving from aspiration to moderation," said study coauthor Franco Ciulla, Managing Director at L.E.K.
  • "While many energy companies are shifting their current priorities when it comes to energy transition, it certainly isn't ending.

Washington Research Foundation Awards Additional $1M to Fred Hutchinson Cancer Center Supporting Innovative Technology Commercialization Research in Life Sciences

Retrieved on: 
Tuesday, December 20, 2022

SEATTLE, Dec.20, 2022 /PRNewswire-PRWeb/ -- Last year, Washington Research Foundation (WRF) and Fred Hutchinson Cancer Center (Fred Hutch) launched a new collaborative funding program to advance technologies that can have a significant impact on improving the health of communities. Since then, WRF has awarded two cycles of $750,000 in funding that have supported 11 technology commercialization projects at Fred Hutch with grants between $50,000 and $250,000. Today, WRF announces an additional $1 million to Fred Hutch to continue support for the program.

Key Points: 
  • Since then, WRF has awarded two cycles of $750,000 in funding that have supported 11 technology commercialization projects at Fred Hutch with grants between $50,000 and $250,000.
  • Today, WRF announces an additional $1 million to Fred Hutch to continue support for the program.
  • "The additional funding from WRF allows us to continue operating the program and supporting researchers who are on the frontlines of innovative science."
  • Washington Research Foundation (WRF) supports research and scholarship in Washington state, with a focus on life sciences and enabling technologies.

Tech Industry Heavyweight Joins SiFive - Manoj Gujral Tapped As SVP & GM of Silicon Business Unit

Retrieved on: 
Friday, December 6, 2019

SAN MATEO, Calif., Dec. 6, 2019 /PRNewswire/ --SiFive, Inc., the leading provider of commercial RISC-V processor IP and silicon solutions, today announced that Manoj Gujral has joined the company as senior vice president and co-general manager of the SiFive silicon business unit.

Key Points: 
  • SAN MATEO, Calif., Dec. 6, 2019 /PRNewswire/ --SiFive, Inc., the leading provider of commercial RISC-V processor IP and silicon solutions, today announced that Manoj Gujral has joined the company as senior vice president and co-general manager of the SiFive silicon business unit.
  • "SiFive is positioned to take full advantage of the switch from off-the-shelf products to domain-specific SoCs designed in partnership with leading IP providers," said Gujral.
  • Gujral brings more than 25 years of experience in system architecture and business unit management in developing revenue streams based on disruptive new products.
  • Gujral has held several general manager positions at leading tech companies including NVIDIA, Cavium, Cypress Semiconductor, and several innovative startups.