Industrial

VNPT and Casa Systems sign MoU for next generation 5G technologies in Vietnam

Retrieved on: 
Tuesday, May 17, 2022 - 2:15pm

Jerry Guo, Chief Executive Officer at Casa Systems, said: We look forward to working with VNPT and support Vietnams digital transformation journey.

Key Points: 
  • Jerry Guo, Chief Executive Officer at Casa Systems, said: We look forward to working with VNPT and support Vietnams digital transformation journey.
  • VNPT Group is a leading telecommunications and IT service provider in Vietnam, headquartered in Hanoi with nearly 40,000 employees.
  • Casa Systems, Inc. (Nasdaq: CASA) delivers the core-to-customer building blocks tospeed 5G transformation with future-proof solutions and cutting-edge bandwidth for allaccess types.
  • In todays increasingly personalized world, Casa Systems createsdisruptive architectures built specifically to meet the needs of service provider networks.

Industrial Nanotech Inc. Achieves Stellar Financial Performance in the First Quarter of Fiscal 2022

Retrieved on: 
Tuesday, May 17, 2022 - 1:30pm

Despite strong economic headwinds, global nanoscience solutions and research leader Industrial Nanotech, Inc. posted sterling financial results for the first quarter ended March 31, 2022.

Key Points: 
  • Despite strong economic headwinds, global nanoscience solutions and research leader Industrial Nanotech, Inc. posted sterling financial results for the first quarter ended March 31, 2022.
  • Notwithstanding the current economic climate, Industrial Nanotech, Inc. continues to deliver strong financial performance, due in part to its unique business model and products.
  • The company projects total revenues for the second quarter of the 2022 fiscal year to exceed $6 million, representing 100% growth.
  • We are intensely forward-focused on doubling our revenue in the second quarter of fiscal 2022 and repeating that pattern in Q3 and Q4 of 2022.

Frost & Sullivan awards Microsoft with the Platform of the year for its IoT Solutions

Retrieved on: 
Tuesday, May 17, 2022 - 1:00pm

SAN ANTONIO, May 17, 2022 /PRNewswire/ -- Recently, Frost and Sullivan performs research and analysis of the global IoT industry and for 2021 recognizes Microsoft as Global IoT Platform of the Year Award. The company provides integrated IoT solutions using its Microsoft Azure IoT platform to enable enterprises to expand features, add applications, and/or scale their systems during integration. IoT is an ecosystem of devices, systems, solutions, and software that must be integrated seamlessly to transform an enterprise. Microsoft provides customers with an end-to-end portfolio of technologies and services to make IoT deployments successful. The company boasts one of the largest ecosystems of developers and partners that can integrate their systems into Azure IoT and use Azure IoT services to create their own IoT offerings and services to help enterprises manage all their IoT systems from one pane of glass.

Key Points: 
  • SAN ANTONIO, May 17, 2022 /PRNewswire/ -- Recently, Frost and Sullivan performs research and analysis of the global IoT industry and for 2021 recognizes Microsoft as Global IoT Platform of the Year Award.
  • The company provides integrated IoT solutions using its Microsoft Azure IoT platform to enable enterprises to expand features, add applications, and/or scale their systems during integration.
  • IoT is an ecosystem of devices, systems, solutions, and software that must be integrated seamlessly to transform an enterprise.
  • For its strong overall performance, Microsoft earns Frost & Sullivan's 2021 Global Platform of the Year Award in the IoT industry.

Frost & Sullivan awards Microsoft with the Platform of the year for its IoT Solutions

Retrieved on: 
Tuesday, May 17, 2022 - 1:00pm

SAN ANTONIO, May 17, 2022 /PRNewswire/ -- Recently, Frost and Sullivan performs research and analysis of the global IoT industry and for 2021 recognizes Microsoft as Global IoT Platform of the Year Award. The company provides integrated IoT solutions using its Microsoft Azure IoT platform to enable enterprises to expand features, add applications, and/or scale their systems during integration. IoT is an ecosystem of devices, systems, solutions, and software that must be integrated seamlessly to transform an enterprise. Microsoft provides customers with an end-to-end portfolio of technologies and services to make IoT deployments successful. The company boasts one of the largest ecosystems of developers and partners that can integrate their systems into Azure IoT and use Azure IoT services to create their own IoT offerings and services to help enterprises manage all their IoT systems from one pane of glass.

Key Points: 
  • SAN ANTONIO, May 17, 2022 /PRNewswire/ -- Recently, Frost and Sullivan performs research and analysis of the global IoT industry and for 2021 recognizes Microsoft as Global IoT Platform of the Year Award.
  • The company provides integrated IoT solutions using its Microsoft Azure IoT platform to enable enterprises to expand features, add applications, and/or scale their systems during integration.
  • IoT is an ecosystem of devices, systems, solutions, and software that must be integrated seamlessly to transform an enterprise.
  • For its strong overall performance, Microsoft earns Frost & Sullivan's 2021 Global Platform of the Year Award in the IoT industry.

EQS-News: AT&S Austria Technologie & Systemtechnik AG: AT&S makes significant progress in strategy implementation and boosts revenue and earnings to record levels

Retrieved on: 
Tuesday, May 17, 2022 - 7:03am

- Free cash flow from operating activities is positive at 111 million.

Key Points: 
  • - Free cash flow from operating activities is positive at 111 million.
  • As part of the planned investments, there will be an outflow of the contributions and their effects on the key figures will decline again.
  • This value consists of a basic dividend of 0.78 and a special dividend of 0.12 per share.
  • The introduction of the special dividend is due to the positive development of all key economic indicators in the financial year 2021/22.

Nextech AR Solutions Corp. Reports Q1 Results Showing Record Growth in Key 3D Model and AR Business

Retrieved on: 
Monday, May 16, 2022 - 9:30pm

On behalf of the Board of Nextech AR Solutions Corp.

Key Points: 
  • On behalf of the Board of Nextech AR Solutions Corp.
    Nextech AR Solutions is the engine accelerating the growth of the Metaverse.
  • With a full suite of end-to-end AR solutions in 3D Commerce, Education, Events, and Industrial Manufacturing, Nextech AR is in a unique position to meet the needs of the worlds biggest brands and all Metaverse contributors.
  • Nextech funds the development of its AR and Metaverse growth initiatives through its e-Commerce platforms, which currently generate most of its revenue.
  • NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Xerox Awarded $164M Contract by USDA to Streamline Practices, Increase Innovation

Retrieved on: 
Monday, May 16, 2022 - 4:30pm

The U.S. Department of Agriculture (USDA) has awarded Xerox a 10-year, $164M contract for continued Managed Print Services, new Electronic Fax Services (EFS) and additional innovation across its agencies.

Key Points: 
  • The U.S. Department of Agriculture (USDA) has awarded Xerox a 10-year, $164M contract for continued Managed Print Services, new Electronic Fax Services (EFS) and additional innovation across its agencies.
  • The contract includes a total of up to 16,000 Xerox ConnectKey devices, with a large number of new devices across 3,500+ offices supporting over 100,000 employees.
  • About Xerox Holdings Corporation (NASDAQ: XRX)
    For more than 100 years, Xerox has continually redefined the workplace experience.
  • Xerox is a trademark of Xerox in the United States and/or other countries.

Comet Group appoints Dionys van de Ven as President of the Industrial X-Ray Systems division

Retrieved on: 
Monday, May 16, 2022 - 6:01am

Dionys van de Ven will take over as President of the Industrial X-Ray Systems (IXS) division on July 1, 2022 and join the Comet Group Executive Committee.

Key Points: 
  • Dionys van de Ven will take over as President of the Industrial X-Ray Systems (IXS) division on July 1, 2022 and join the Comet Group Executive Committee.
  • Dionys van de Ven brings more than 25 years of professional leadership experience in the capital equipment industry (electronics, medical and inspection technologies) and has served customers in the electronics, aerospace and automotive sectors.
  • He also has extensive knowledge in AI-based x-ray data analytics for process optimization a key area of focus for Comets Industrial X-Ray Systems division.
  • Dionys van de Ven has led Waygate Technologies x-ray business unit (part of Baker Hughes) as the units Business Executive since 2020.

Uniroyal Global Engineered Products, Inc. Reports Financial Results For the First Quarter Ended April 3, 2022

Retrieved on: 
Friday, May 13, 2022 - 9:27pm

SARASOTA, Fla., May 13, 2022 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) today reported financial results for the first quarter of fiscal 2022 ended April 3, 2022.

Key Points: 
  • SARASOTA, Fla., May 13, 2022 (GLOBE NEWSWIRE) -- Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) today reported financial results for the first quarter of fiscal 2022 ended April 3, 2022.
  • The total amount of cost savings will be approximately $731,000 for fiscal 2022 and $244,000 for the first quarter of fiscal 2023.
  • Net sales for the first quarter of fiscal 2022 were $20,070,551 versus $21,896,001 for the first quarter of fiscal 2021, a decline of 8.3%.
  • However, customer production disruptions were less prevalent in the first quarter of 2022 than in the fourth quarter of 2021, a positive trend we hope continues.

Is Austin, Texas About to Lead the US in Blockchain, Crypto and Sustainability? With Mission 6, it Appears So

Retrieved on: 
Friday, May 13, 2022 - 6:28pm

Attendees included members from CBRE, Dell, University of Texas, Guaranty Bank, The Austin Chamber, Austin Technology Council, and DivInc, among other business leaders, sustainability professionals, investors and crypto experts.

Key Points: 
  • Attendees included members from CBRE, Dell, University of Texas, Guaranty Bank, The Austin Chamber, Austin Technology Council, and DivInc, among other business leaders, sustainability professionals, investors and crypto experts.
  • "I was absolutely blown away by the opportunity that Mission 6 brings to Austin, the State of Texas and everyone here tonight.
  • Mission 6 is on track to be the most widely held crypto by corporate America and has a host of exciting initiatives coming soon.
  • Any large companies that have invested in projects that save energy and reduce carbon emissions are encouraged to contact Mission 6.