Magna

Sacramento Region Innovation Awards selects Blaize as the 2022 Hardware & Electronics Innovator

Retrieved on: 
Friday, November 4, 2022

The Sacramento Region Innovation Awards recognized Blaize, the AI computing innovator revolutionizing Edge and automotive compute solutions, as the winner of the 2022 Hardware & Electronics Innovator of the Year for the Blaize Pathfinder P1600 Embedded System on Module (SoM).

Key Points: 
  • The Sacramento Region Innovation Awards recognized Blaize, the AI computing innovator revolutionizing Edge and automotive compute solutions, as the winner of the 2022 Hardware & Electronics Innovator of the Year for the Blaize Pathfinder P1600 Embedded System on Module (SoM).
  • On behalf of Blaize, were honored to receive the 2022 Sacramento Region Innovation Award in the Hardware & Electronics category, said Dinakar Munagala, Co-founder and CEO of Blaize.
  • The honor was presented at the Innovation Awards program on November 1 at The Sofia Theatre in Downtown Sacramento, California.
  • The Sacramento Region Innovation Awards program, founded in 2016, recognizes the areas vibrant innovation community from startups to established companies and their breakthrough creations.

Fisker Inc. Announces Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 2, 2022

Fisker Inc. will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today, November 2, 2022.

Key Points: 
  • Fisker Inc. will host a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) today, November 2, 2022.
  • These non-GAAP financial measures differ from their directly comparable GAAP financial measures due to adjustments made to exclude stock-based compensation expense.
  • Fisker believes that presenting these non-GAAP financial measures provides useful supplemental information to investors about Fisker in understanding and evaluating its operating results, enhancing the overall understanding of its past performance and future prospects, and allowing for greater transparency with respect to key financial metrics used by its management in financial and operational-decision making.
  • Therefore, both GAAP financial measures of Fiskers financial performance and the respective non-GAAP measures should be considered together.

2022 Global Automotive Blind Spot Detection Solutions Report: Growing Need for Vehicle and Passenger Safety is Making the Installation of Advanced Safety Systems a Necessity in Most Vehicles - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 25, 2022

However, in recent years the growing need for vehicle and passenger safety is making the installation of advanced safety systems a necessity in most vehicles.

Key Points: 
  • However, in recent years the growing need for vehicle and passenger safety is making the installation of advanced safety systems a necessity in most vehicles.
  • The growing stringency of government regulations pertaining to passenger and vehicle safety is also giving a significant boost to this market.
  • Continental, Denso, Robert Bosch, Delphi Automotive, and Autoliv are the leading players in global automotive blind spot detection solutions market.
  • To estimate and project the global market for Automotive Blind Spot Detection Solutions market on different segments.

Lucid Promotes Faisal Sultan to Vice President, Managing Director of Lucid Middle East as it Opens its First Studio in Riyadh, Saudi Arabia

Retrieved on: 
Monday, October 24, 2022

"As we open Lucid's first retail studio here in Riyadh, I am delighted to announce that Faisal Sultan has been promoted to Vice President and Managing Director of Lucid Middle East," said Peter Rawlinson, Lucid's CEO and CTO.

Key Points: 
  • "As we open Lucid's first retail studio here in Riyadh, I am delighted to announce that Faisal Sultan has been promoted to Vice President and Managing Director of Lucid Middle East," said Peter Rawlinson, Lucid's CEO and CTO.
  • This requires deep knowledge of the area along with business acumen, and we are very fortunate to have Faisal leading our team here in the Middle East."
  • Prior to joining Lucid, Faisal served as Senior Director, Automotive for Industrial Clusters in Saudi Arabia's Ministry of Energy, Industry and Mineral Resources.
  • Customer deliveries of Lucid Air, which is produced at Lucid's factory in Casa Grande, Arizona, are currently underway to U.S. customers.

Lucid Promotes Faisal Sultan to Vice President, Managing Director of Lucid Middle East as it Opens its First Studio in Riyadh, Saudi Arabia

Retrieved on: 
Monday, October 24, 2022

"As we open Lucid's first retail studio here in Riyadh, I am delighted to announce that Faisal Sultan has been promoted to Vice President and Managing Director of Lucid Middle East," said Peter Rawlinson, Lucid's CEO and CTO.

Key Points: 
  • "As we open Lucid's first retail studio here in Riyadh, I am delighted to announce that Faisal Sultan has been promoted to Vice President and Managing Director of Lucid Middle East," said Peter Rawlinson, Lucid's CEO and CTO.
  • This requires deep knowledge of the area along with business acumen, and we are very fortunate to have Faisal leading our team here in the Middle East."
  • Prior to joining Lucid, Faisal served as Senior Director, Automotive for Industrial Clusters in Saudi Arabia's Ministry of Energy, Industry and Mineral Resources.
  • Customer deliveries of Lucid Air, which is produced at Lucid's factory in Casa Grande, Arizona, are currently underway to U.S. customers.

Harris Williams Advises Magna Legal Services on its Pending Sale to Odyssey Investment Partners, LLC

Retrieved on: 
Thursday, October 20, 2022

Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Magna Legal Services (Magna), a portfolio company of CIVC Partners, L.P. (CIVC), on its pending sale to Odyssey Investment Partners, LLC (Odyssey).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Magna Legal Services (Magna), a portfolio company of CIVC Partners, L.P. (CIVC), on its pending sale to Odyssey Investment Partners, LLC (Odyssey).
  • It has been a pleasure to partner with the Magna team on this transaction, said Derek Lewis, a managing director at Harris Williams.
  • The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Fisker Announces Timing of Third Quarter 2022 Results and Webcast

Retrieved on: 
Monday, October 17, 2022

Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions today announced that it will report its third quarter 2022 financial results after market close on Wednesday, November 2, 2022.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (Fisker) passionate creator of the worlds most sustainable electric vehicles and advanced mobility solutions today announced that it will report its third quarter 2022 financial results after market close on Wednesday, November 2, 2022.
  • The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fiskers Investor Relations website: https://investors.fiskerinc.com /.
  • In addition, Fisker will once again provide shareholders the ability to submit and upvote questions to management through a shareholder Q&A platform.
  • Fisker remains on target to start production of the all-electric Fisker Ocean in November 2022.

InStride Named to Fortune's 2022 Change the World List

Retrieved on: 
Monday, October 10, 2022

InStride, the premier provider of strategically designed workforce education programs, today announced that it has earned a place on the 2022 Fortune Change the World list.

Key Points: 
  • InStride, the premier provider of strategically designed workforce education programs, today announced that it has earned a place on the 2022 Fortune Change the World list.
  • This years list recognizes 54 companies globally for innovative business strategies that positively impact the world.
  • InStride enables forward-thinking leaders to create Strategic Enterprise EducationTM programs that deliver business and social impact.
  • Fortune magazines Change the World list celebrates companies and leaders that have made an important social or environmental impact through their profit-making strategy and operations this year.

The Battery Show North America Makes a Strong Return to Novi with Nearly 15,000 Attendees and 72 Hours of Education

Retrieved on: 
Thursday, October 6, 2022

Organized by Informa Markets Engineering, the event celebrated their biggest show in 12 years with over 775+ exhibiting companies in the advanced battery and automotive industries.

Key Points: 
  • Organized by Informa Markets Engineering, the event celebrated their biggest show in 12 years with over 775+ exhibiting companies in the advanced battery and automotive industries.
  • This year's 14,838 attendees represented highly sought-after companies, including CATL, Ford, GM, Honda, LG, Mercedes, Panasonic, Rockwell, Samsung, Stellantis, Tesla, and Toyota, among others.
  • These attendees were able to access 72+ hours of education with more than 150 speakers taking the stage at the show.
  • The need for peer connection and educational insight was at an all-time high this year, said Shamara Ray, Group Event Director, Informa Markets- organizers of The Battery Show.

Blockchain Founders Fund Receives Backing from Octava

Retrieved on: 
Thursday, October 6, 2022

SINGAPORE, Oct. 6, 2022 /PRNewswire/ --Blockchain Founders Fund (BFF), a venture capital fund that focuses on early-stage Web3 startups globally has received funding from Octava Digital Assets, the digital asset team of the Singapore-based family office Octava which invests across the spectrum from seed to publicly traded cryptocurrencies.

Key Points: 
  • SINGAPORE, Oct. 6, 2022 /PRNewswire/ -- Blockchain Founders Fund (BFF) , a venture capital fund that focuses on early-stage Web3 startups globally has received funding from Octava Digital Assets, the digital asset team of the Singapore-based family office Octava which invests across the spectrum from seed to publicly traded cryptocurrencies.
  • Tobias Bauer , Principal of Blockchain Founders Fund commented on the investment, "We are incredibly excited to bring Octava on-board as an LP.
  • Blockchain Founders Fund (BFF) is a Singapore based early-stage Venture Capital Fund which invests in top-tier Blockchain startups globally.
  • BFF has scaled many of the leading Blockchain startups and is always looking to connect with exceptional founders across the Web3 and Blockchain ecosystems.