DFM

Fictiv Launches Nearshoring Solution for Production Injection Molding

Retrieved on: 
Tuesday, April 9, 2024
Access, Risk, PPAP, SAN, DFM, Nearshore, Research, Original equipment manufacturer, Renewable energy

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Fictiv, a global manufacturing company, today announced a new hybrid injection molding solution for original equipment manufacturers (OEMs) who need the best possible tooling craftsmanship for reliable nearshore production. Through Fictiv's global manufacturing network, OEMs can seamlessly order high-quality, production-grade tools manufactured in China in as fast as 4 weeks and then transferred to Mexico. This service provides the best total cost of ownership for molding in Mexico, including expert tool packaging and transfer to Mexico from China, bringing together the best of all worlds. 

Key Points: 
  • SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Fictiv , a global manufacturing company, today announced a new hybrid injection molding solution for original equipment manufacturers (OEMs) who need the best possible tooling craftsmanship for reliable nearshore production.
  • According to research , 51% of manufacturing leaders reported in 2023 a desire to increase nearshoring as part of their global supply chain strategy.
  • "We are seeing strong demand for shorter supply chains that mitigate the risk of disruption for critical production programs," said Ernesto Chacon, General Manager of Fictiv Mexico.
  • Fictiv's new injection molding solution offers the following features and services:
    Production-grade steel tools are produced overseas as fast as 4 weeks.

Dubai Electricity and Water Authority PJSC Shareholders Approve Payment of AED 3.1 Billion in Dividends

Retrieved on: 
Friday, March 29, 2024
HVAC, Energy, Utilities, Manufacturing, Electricity, Growth, History, IPO, MD, DFM, Tourism, Water, Emirate, AED, Multimedia, Member

View the full release here: https://www.businesswire.com/news/home/20240329162756/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240329162756/en/
    Dubai Electricity and Water Authority PJSC shareholders approve payment of AED 3.1 billion in dividends (Photo: AETOSWire)
    The meeting, chaired by HE Matar Humaid Al Tayer, Chairman of the Board of Directors of DEWA, was attended by HE Saeed Mohammed Al Tayer, MD & CEO of DEWA and Members of the Board of Directors of DEWA as well as 85.9% of the shareholders.
  • The assembly was held on Thursday (28th March 2024) at the Kempinski Boulevard Hotel in Dubai as well as virtually.
  • DEWA plays a crucial role in ensuring that Dubai’s infrastructure keeps pace with the increasing demand for energy and water.
  • In 2023, DEWA’s annual revenue exceeded AED 29 billion, operating profit was over AED 8.7 billion and EBITDA was over AED 14.7 billion, all figures reflecting the highest in its history,” said HE Saeed Al Tayer.

PATEO, a Leading Enterprise in Automotive Intelligence Industry, Secures Another Equity Financing of Approximately 1.5 Billion Yuan

Retrieved on: 
Tuesday, March 26, 2024
STEC, Dongfeng Motor Corporation, Attention, China Construction Bank, ICBC, Intelligence, Xiaomi, CCP, Capital, YRD, CCB, DFM, Trust, FAW Group, Industrial, FAW, Intellectual property, Yangtze Delta, Automotive industry, Multimedia, Commercial bank, Renewable energy

According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.

Key Points: 
  • According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.
  • While completing this equity financing, PATEO also signed a 19 billion yuan credit agreement with seven top state-owned banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB).
  • In the second half of electric vehicle race, intelligence is the core for automakers to create product differentiation, hence the accelerated iteration of automotive product architecture and form.
  • As an intelligence supplier with self-owned core technologies, PATEO has entered a period of leapfrog growth from 1 to 10 with the development of the industry.

m'Chel Haircare Partners with Fictiv to Launch Commercial Product in One Year

Retrieved on: 
Wednesday, February 21, 2024
SAN, Small business, 3D, DFM, Business, Partnership, Weaving

SAN FRANCISCO, Feb. 21, 2024 /PRNewswire/ -- Fictiv, a global manufacturing company, today announced its partnership with m'Chel Haircare to seamlessly bring m'Chel's signature Day After Brush™ from prototype to commercial launch.

Key Points: 
  • From prototype to a fully-integrated commercial product, Fictiv's digital manufacturing capabilities were key to bringing the small business' innovative dry brush to market.
  • SAN FRANCISCO, Feb. 21, 2024 /PRNewswire/ -- Fictiv , a global manufacturing company, today announced its partnership with m'Chel Haircare to seamlessly bring m'Chel's signature Day After Brush™ from prototype to commercial launch.
  • After years of searching for a manufacturer willing to tackle the complex prototyping, injection molding, and commercial production of her one-of-a-kind dry shampoo product, Michelle Kim, founder of m'Chel, discovered Fictiv.
  • "Fictiv explained their capabilities and showed me my options, including how to make my product more cost-effective."

Byrna Technologies Reports Fiscal Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024
Social media, Television, SHOT Show, AOV, Marketing, Growth, Sale, Radio, Eye, Advertising, DFM, Provincial police, Creativity, FY, Amazon, Argentines, Gateway Group, Stock, DTC, Pressure, Partnership, Video game

ANDOVER, Mass., Feb. 14, 2024 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal fourth quarter ("Q4 2023") and full year ("FY 2023") ended November 30, 2023.

Key Points: 
  • ANDOVER, Mass., Feb. 14, 2024 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal fourth quarter ("Q4 2023") and full year ("FY 2023") ended November 30, 2023.
  • Results compare the 2023 fiscal fourth quarter ended November 30, 2023 to the 2022 fiscal fourth quarter ended November 30, 2022 unless otherwise indicated.
  • Net revenue for Q4 2023 was $15.6 million, compared to $16.0 million in the fiscal fourth quarter of 2022 ("Q4 2022").
  • Results compare the 2023 fiscal year ended November 30, 2023 to the 2022 fiscal year ended November 30, 2022 unless otherwise indicated.

GBT Intellectual Properties Portfolio Update

Retrieved on: 
Thursday, January 18, 2024
Silicon, LOS, Phi, Design, Photonics, Architecture, Physics, Research, IP, EDA, IC, Photon, Programmable interrupt controller, Algorithm, OTC, MP, 3D, PIC, ICS, United States patent law, DFM, Patent, Light, Data analysis, GBT, Printed circuit board

Tokenize granted patent for predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent

Key Points: 
  • Tokenize granted patent for predictive technology for designing and manufacturing three-dimensional, multi-planar semiconductors patent
    Tokenize granted patent for Photonic-based, 3D, multi-planar design architecture and manufacturing technologies for integrated circuits
    LOS ANGELES, Jan. 18, 2024 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK: GTCH ) ("GBT” or the “Company”), through its 50% subsidiary, GBT Tokenize Corp (“Tokenize”), is pleased to provide an update on its intellectual properties porfolio:
    Tokenize has filed a continuation patent for its microchip reliability verification and auto-correction technology, which has been assigned an internal name: Epsilon.
  • The continuation patent aims to broaden the technology's Artificial Technology (AI) capabilities to detect and auto-correct more complex reliability violations.
  • This will allow IC designers to analyze and fix circuits early during the design phase, with higher efficiency and in real time.
  • There is no guarantee that the Company or Tokenize will be successful in researching, developing or implementing the above systems.

Vescent Brings Optical Clocks to the Market with DFM

Retrieved on: 
Tuesday, January 23, 2024
Engineering, Defense, Technology, Manufacturing, Nanotechnology, Other Defense, Hardware, RADAR, RF, JILA, GPS, Multimedia, Caesium, Education minister, University, NIST, PTTI, Hydrogen, Conference, Rubidium, DFM, Video game

Vescent is the exclusive Distributor for the DFM Stabiλaser 1542ε in the US and Canada.

Key Points: 
  • Vescent is the exclusive Distributor for the DFM Stabiλaser 1542ε in the US and Canada.
  • The solution exists in next-generation clocks, so-called "optical clocks," that have shown unprecedented timing performance in laboratory environments.
  • Until now, optical clocks, which reference a quantum transition at optical, rather than RF, frequencies, have been confined to custom-built laboratories.
  • The combination of commercially available optical frequency combs from Vescent and the Stabiλaser from DFM present, for the first time, manufacture-ready optical clock solutions.

Odys Aviation and Aramex Announce Partnership to Develop Cargo Operations in the United Arab Emirates and Oman

Retrieved on: 
Tuesday, January 9, 2024
Environment, Technology, Air, Transport, Drones, Aerospace, Sustainability, Alternative Energy, Manufacturing, Energy, Aircraft, Entrepreneurship, Nextgen, Aviation, PACE, COP28, Multimedia, Partnership, Innovation, Carbon, GCC, Movement, FDI, Express, CONOPS, DFM, Concept, British Overseas Territories, Airline

Aramex intends to support pilot training and a test flight program which will demonstrate the movement of cargo between its regional locations.

Key Points: 
  • Aramex intends to support pilot training and a test flight program which will demonstrate the movement of cargo between its regional locations.
  • The teams will further work jointly to tailor Concept of Operations (CONOPS) that will develop Odys Aviation’s aircraft to serve specific local environments.
  • We look forward to partnering with Odys Aviation and deploying long range VTOL crafts, which shall drive us further towards our sustainability and Innovation targets."
  • Odys Aviation plans to launch a full-scale prototype in 2024, with a view to making the aircraft available to enter Aramex’s cargo fleet by early 2028.

CFOs Respond to the Call for Greater Private Sector Investment in Climate Action at COP28

Retrieved on: 
Tuesday, December 5, 2023
Paris Agreement, Forward, COP28, SDG, United Nations Global Compact, DFM, Partnership, Agriculture, CFOS, Ernst & Young, Sustainable development, GISD, Private sector, Climate change, Investment, UN, Sustainable Development Goals, United Nations, Renewable energy

Dubai, United Arab Emirates, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Today, during the SDG Investment Forum at COP28, the UN Global Compact CFO Coalition for the SDGs demonstrated the importance of corporate investments and financing for climate action, effectively heeding increasingly louder calls for greater private sector investment.

Key Points: 
  • Dubai, United Arab Emirates, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Today, during the SDG Investment Forum at COP28, the UN Global Compact CFO Coalition for the SDGs demonstrated the importance of corporate investments and financing for climate action, effectively heeding increasingly louder calls for greater private sector investment.
  • Corporations are expected to be the largest direct investors in climate change mitigation, accounting for roughly one-third of the total investment needed between now and 2050, which some estimate could amount to US$ 275 trillion.
  • Private climate financing must play a pivotal role as emerging markets and developing economies seek to curb greenhouse gas emissions and contain climate change while coping with its effects.
  • The Forward Faster initiative aims to mobilize private sector action where it can collectively make the biggest, fastest impact by 2030, focusing on gender equality, climate action, living wage, water resilience and finance and investments.

Crusoe Announces Data Center Expansion with atNorth in Iceland

Retrieved on: 
Thursday, December 14, 2023
Data Management, Other Energy, Technology, Alternative Energy, Energy, Software, Cloud, GPU, Climate, DFM, Multimedia, Wind, Machine learning, Partnership, DRO, Renewable energy

Crusoe Energy Systems LLC (“Crusoe”) announced today a new collaboration with atNorth, a leading Nordic data center services company, to colocate Crusoe Cloud GPUs in atNorth’s ICE02 data center in Iceland.

Key Points: 
  • Crusoe Energy Systems LLC (“Crusoe”) announced today a new collaboration with atNorth, a leading Nordic data center services company, to colocate Crusoe Cloud GPUs in atNorth’s ICE02 data center in Iceland.
  • View the full release here: https://www.businesswire.com/news/home/20231214486980/en/
    “I’m thrilled that our quest to unlock sources of low-carbon energy has led us to Iceland,” said Cully Cavness, Crusoe’s Co-Founder and President.
  • “AI and machine learning are driving the demand for data centers to grow at a record rate,” said Chris Dolan, Crusoe’s Chief Data Center Officer.
  • Crusoe recently announced a significant expansion of its Cloud business with newly online capacity and additional financing earmarked for further GPU purchases.