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Mobileye Reveals New Wins for Key Tech Platforms with Large Global Automaker

Retrieved on:

Monday, January 8, 2024

Software, EV, Electric Vehicles, Automotive, Artificial Intelligence, Technology, General Automotive, Performance & Special Interest, Mobile, Wireless, ADAS, Policy, Radar, Safety, Supervision, Amnon Shashua, REM, Multimedia

Mobileye (Nasdaq: MBLY) announced today that it has been awarded a series of production design wins by a major Western automaker.

Key Points:

Mobileye (Nasdaq: MBLY) announced today that it has been awarded a series of production design wins by a major Western automaker.
Under these design wins, multiple global brands are expected to implement new automated driving solutions using Mobileye’s three key platforms – Mobileye SuperVision™, Mobileye Chauffeur™ and Mobileye Drive™ – for 17 internal combustion and electric vehicle models, which are set to begin rolling out in 2026.
View the full release here: https://www.businesswire.com/news/home/20240108326257/en/
Mobileye Reveals New Wins for Key Tech Platforms with Large Global Automaker (Photo: Mobileye)
The extensive set of awards includes Mobileye's unique and innovative software tool that will ensure each brand can maintain the utmost level of customization and personalization in their driving experiences.
Powered by the Mobileye Drive platform, this program is designed to produce purpose-built vehicles utilized in robotaxi and mobility-as-a-service operations.

Mobileye Releases Preliminary FY2023 Financial Results and Initial 2024 Outlook

Retrieved on:

Thursday, January 4, 2024

As supply chain concerns have eased, we expect that our customers will use the vast majority of this excess inventory in the first quarter of the year.

Key Points:

As supply chain concerns have eased, we expect that our customers will use the vast majority of this excess inventory in the first quarter of the year.
As a result, we expect that first quarter 2024 revenue will be significantly below first quarter 2023 revenues and that we will see revenue normalized during the remainder of 2024.
We currently expect Q1 revenue to be down approximately 50%, as compared to the $458 million revenue generated in the first quarter of 2023.
We expect Q1 2024 Operating Loss to be in the range of $257 to $242 million.

Valneva Shareholders Approve EGM Resolutions Including the Transition to a Board of Directors

Retrieved on:

Wednesday, December 20, 2023

MSD, Sanofi Pasteur, Trust, EGM, Euronext Paris, Saint-Herblain, Executive Committee, Annual general meeting, Supervision, General counsel, Management, Supervisory board, VLA

These included the immediate transition from the Company’s two-tier governance model to a one-tier model led by a Board of Directors.

Key Points:

These included the immediate transition from the Company’s two-tier governance model to a one-tier model led by a Board of Directors.
During a constitutional post-EGM meeting, Valneva’s former Supervisory Board member Anne-Marie Graffin was elected as Chair of the Company’s new Board of Directors.
Ms. Graffin is Vice Chair of Nanobiotix’s Supervisory Board, member of the Sartorius Stedim Biotech Board of Directors and member of Vetoquinol S.A Board of Directors.
Anne-Marie Graffin, Chair of Valneva´s Board of Directors, commented, “I would like to thank all departing Supervisory Board members for their contributions and the newly elected Board of Directors members for their trust.

ASML Supervisory Board intends to appoint Christophe Fouquet as President and Chief Executive Officer

Retrieved on:

Thursday, November 30, 2023

Christophe Fouquet, Partnership, DUV, Acquisition, ASML Holding, Christophe, Heart, Human, Collaboration, Supervision, Engineering, Annual, Supervisory board, EUV, ASML, Management

ASML’s Co-Presidents Peter Wennink and Martin van den Brink to retire on April 24, 2024

Key Points:

ASML’s Co-Presidents Peter Wennink and Martin van den Brink to retire on April 24, 2024
VELDHOVEN, the Netherlands, November 30, 2023 – The Supervisory Board of ASML Holding NV (ASML) announces that it intends to appoint Christophe Fouquet, currently ASML’s Chief Business Officer and member of the Board of Management, as the company’s next President and Chief Executive Officer.
On the same date, ASML’s Co-Presidents Peter Wennink and Martin van den Brink will retire from ASML upon completion of their current appointment terms.
Nils Andersen, Chairman of the Supervisory Board, said: “The Supervisory Board, together with the management team, has gone through a comprehensive succession planning process.
Christophe has been with ASML for 15 years, with a major focus on ASML technology, products and customers.

EQS-News: Aurubis achieves good full-year result of € 349 million despite extraordinary effects caused by criminal activities

Retrieved on:

Thursday, December 21, 2023

After the record result in fiscal year 2021/22, the deviations were mainly attributable to the financial impact of the criminal activities directed against Aurubis.

Key Points:

After the record result in fiscal year 2021/22, the deviations were mainly attributable to the financial impact of the criminal activities directed against Aurubis.
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“We can be pleased with the result of the past fiscal year, considering that it is the third-best result in company history – especially in light of the damages caused by the criminal activities directed against Aurubis.
Good operating performance coupled with high market demand for our products are clear proof of Aurubis’ potential.
The financial impact on the result deriving from the criminal activities directed against Aurubis was significant as well.

Valneva Announces the Availability of Documentation for its Extraordinary General Meeting including Planned Changes to its Future Board of Directors

Retrieved on:

Wednesday, November 15, 2023

VLA, Annual general meeting, Lyme disease, EGM, Euronext Paris, Supervisory board, Saint-Herblain, Chikungunya, Radisson Blu Hotel Hamburg, Bulletin, CET, Documentation, Supervision, Management, Valneva SE

As part of the proposed changes, three current Supervisory Board members will not join the future Board of Directors, Ms. Johanna Pattenier, Ms. Sharon Tetlow and Mr. Frederic Grimaud, current Chairman of the Supervisory Board.

Key Points:

As part of the proposed changes, three current Supervisory Board members will not join the future Board of Directors, Ms. Johanna Pattenier, Ms. Sharon Tetlow and Mr. Frederic Grimaud, current Chairman of the Supervisory Board.
I wish Valneva every success in the future,” said Frederic Grimaud, Valneva’s Chairman of the Board and Groupe Grimaud’s President and Chief Executive Officer.
The future Board of Directors is expected to elect a new chairperson during its constitutional post EGM meeting.
The Company also intends to propose additional, complementary Board of Directors members to its shareholders at its Annual General Meeting in June 2024.

VIA optronics Provides Further Update to Recent Management Communications

Retrieved on:

Friday, December 1, 2023

Hardware, Audio, Video, Consumer Electronics, Technology, Software, Supervisory board, VIA, NYSE, Supervision, AG, Property management, Management

On 17 November 2023, VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”) reported that Jürgen Eichner had been temporarily suspended by the Supervisory Board from his position as a member of the management board.

Key Points:

On 17 November 2023, VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”) reported that Jürgen Eichner had been temporarily suspended by the Supervisory Board from his position as a member of the management board.
Following discussions with Jürgen Eichner, the Supervisory Board today decided to withdraw the suspension.
On his own initiative, Mr. Eichner has offered to take a paid extraordinary vacation until 31 December 2023.
It is important for Mr. Eichner to avoid any impression that he may want to influence the investigation.

VIA optronics Provides Corporate and Management Updates

Retrieved on:

Friday, November 17, 2023

The extent of the potential violations, and any response by the Company or others, remains uncertain.

Key Points:

The extent of the potential violations, and any response by the Company or others, remains uncertain.
Chief Executive Officer Roland Chochoiek commented, “Our leadership is committed to completing a thorough review of the compliance incidents and our internal controls.
Mr. Wagner will assist with the completion of the internal review and filing of the Company’s audited financial statements.
Company management has proactively engaged with the New York Stock Exchange (NYSE) and has been granted an extended trading period by the exchange through May 16, 2024.

Polestar 4 To Integrate Luminar LiDAR with Mobileye Chauffeur

Retrieved on:

Thursday, November 9, 2023

Vehicle Technology, Other Automotive, Autonomous Driving, Vehicles, General Automotive, Automotive, Safety, Multimedia, Laser, Map, Intelligence, Partnership, Lidar, Supervision, Environment, Polestar, Mobileye, Luminar

View the full release here: https://www.businesswire.com/news/home/20231109405837/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20231109405837/en/
Announced in August , Polestar 4 is planned to be the first production car to feature Mobileye Chauffeur, now with Luminar LiDAR, which builds upon the full-surround camera-based SuperVision platform available in Polestar 4 from launch.
With Mobileye Chauffeur, Polestar 4 is set to feature three Mobileye EyeQ6 processors, a front-facing LiDAR from Luminar, and Mobileye’s front-facing imaging radar to provide the extra layer of sensing and artificial intelligence needed to enable eyes-off, hands-off driving.
Building on the existing relationship between Luminar and Mobileye, the integration of Luminar LiDAR into Polestar 4 also expands the partnership between Luminar and Polestar which was announced in January 2023 .
Thomas Ingenlath, Polestar CEO, says: “Polestar 4 comes with the highly advanced Mobileye SuperVision ADAS from the start, and we look forward to expanding that with Mobileye Chauffeur in the future.

Power Generation 5.13% Higher -- Risen Energy Released Empirical Data of HJT Hyper-ion Modules

Retrieved on:

Monday, November 13, 2023

Carbon, Supervision, Topcon, LCOE, CPVT, PERC, Multimedia, Organization, HJT, Carbon footprint, Philosophy, Renewable energy, Mobile phone

Risen Energy compared the power generation of HJT Hyper-ion modules relative to PERC modules and TOPCon modules through simulations in over 20 countries and regions around the world with typical climatic environments, as shown in Figure 1.

Key Points:

Risen Energy compared the power generation of HJT Hyper-ion modules relative to PERC modules and TOPCon modules through simulations in over 20 countries and regions around the world with typical climatic environments, as shown in Figure 1.
The simulation results indicate that HJT modules consistently exhibit a significant increase in power generation compared to TOPCon and PERC modules across various regions.
In addition to the simulation, to further explore the real-world power generation performance of HJT Hyper-ion products, Risen Energy collaborated with various organizations and clients to conduct empirical power generation tests in some regions worldwide.
Although it has been only two months since grid connection, a calculation based on the collected power generation data indicates that HJT Hyper-ion modules have 5.13% higher power generation per watt compared to PERC modules.