Obayashi Corporation

MWH Begins an Exciting New Chapter, Officially Becoming Part of Obayashi Corporation

Retrieved on: 
Thursday, January 11, 2024

BROOMFIELD, Colo., Jan. 11, 2024 /PRNewswire/ -- MWH, a leading US water infrastructure contractor, has agreed to be acquired by Obayashi Corporation, a global leader in construction and infrastructure development.

Key Points: 
  • BROOMFIELD, Colo., Jan. 11, 2024 /PRNewswire/ -- MWH, a leading US water infrastructure contractor, has agreed to be acquired by Obayashi Corporation, a global leader in construction and infrastructure development.
  • This strategic partnership with Obayashi enables MWH to continue expansion and gain market share in the US water infrastructure and industrial manufacturing markets.
  • MWH has been a driving force in the construction of water and wastewater treatment facilities in the United States for over 30 years.
  • MWH operates through MWH Constructors and its two wholly owned subsidiaries, Slayden Constructors and Methuen Construction.

SafeAI and Obayashi Unveil Electric, Autonomous Construction Haul Truck

Retrieved on: 
Tuesday, December 12, 2023

SANTA CLARA, Calif., Dec. 12, 2023 (GLOBE NEWSWIRE) -- SafeAI , a global leader in autonomous heavy equipment, and Obayashi Corporation , a leading construction company, unveiled a first-of-its-kind retrofit zero-emission, autonomous haul truck.

Key Points: 
  • SANTA CLARA, Calif., Dec. 12, 2023 (GLOBE NEWSWIRE) -- SafeAI , a global leader in autonomous heavy equipment, and Obayashi Corporation , a leading construction company, unveiled a first-of-its-kind retrofit zero-emission, autonomous haul truck.
  • The Caterpillar 725 is the first haul truck retrofitted with autonomous and electrification technology.
  • “I am proud of our latest endeavor of retrofitting a Caterpillar 725, marking the world's first haul truck retrofitted with autonomous and electrification technology.
  • SafeAI and Obayashi have worked together since October 2020 to address common pain points across construction with autonomous solutions.

Southeast Asia Data Center Construction Market Outlook Report 2023-2028: Market is Witnessing Investments by New Players Such as OneAsia, Pure Data Centres, Nautilus, EdgeConneX, and Edge Centres - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 23, 2023

The "Southeast Asia Data Center Construction Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Data Center Construction Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Southeast Asia data center construction market also is witnessing several telecom operators' investments to establish edge data center facilities.
  • The Southeast Asia data center construction market is expected to witness a negative growth rate between 2022-2023, majorly impacted by the decline in investments in the Singapore market after the moratorium.
  • In terms of investments, the market is witnessing data center investments by several new entrants, such as OneAsia Network, Pure Data Centres Group, Nautilus Data Technologies, EdgeConneX, and Edge Centres.

Southeast Asia Data Center Construction Market Outlook Report 2023-2028 - 5G Deployments Will Drive Edge Data Center Investments with Focus on Sustainability in the Region

Retrieved on: 
Thursday, February 9, 2023

The Southeast Asia data center construction market also is witnessing several telecom operators' investments to establish edge data center facilities.

Key Points: 
  • The Southeast Asia data center construction market also is witnessing several telecom operators' investments to establish edge data center facilities.
  • The Southeast Asia data center construction market is expected to witness a negative growth rate between 2022-2023, majorly impacted by the decline in investments in the Singapore market after the moratorium.
  • Singapore has been a major shareholder in the overall investments in the Southeast Asia data center construction market.
  • The Southeast Asia data center construction market has the presence of several global and local construction contractor vendors.

SafeAI Raises $38 Million Series B Funding to Accelerate the Deployment of Autonomous Heavy Equipment

Retrieved on: 
Wednesday, December 14, 2022

With its scalable retrofit approach, SafeAI enables off-road heavy equipment owners to convert—not replace—aftermarket vehicles and fleets with autonomous technology, regardless of manufacturer or vehicle type.

Key Points: 
  • With its scalable retrofit approach, SafeAI enables off-road heavy equipment owners to convert—not replace—aftermarket vehicles and fleets with autonomous technology, regardless of manufacturer or vehicle type.
  • SafeAI is a global autonomous solutions provider for heavy equipment leaders focused on advancing modern industry.
  • SafeAI retrofits heavy equipment for autonomous applications in mining and construction to serve a massive ecosystem of industry players with complex needs.
  • SafeAI enables equipment owners to transform existing machines into self-operating robotic assets with aftermarket hardware, advanced, proprietary autonomous technology and a scalable framework for deployment.

Agya Ventures Closes $32 million Fund to Back Early-Stage Startups Shaping the Future of the Built World and Metaverse

Retrieved on: 
Tuesday, August 16, 2022

NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Agya Ventures, a venture capital firm focused on early-stage real estate and construction technology, announced today the close of its $32 million fund ('Fund I'). The close of Fund I rounds out an impressive phase of initial investing for the firm, backing 19 early-stage real estate tech and construction tech companies in the U.S. in just a year and a half. Now, the fund will continue to make new investments in startups shaping the future of the built world as well as the metaverse, while also pushing for partnerships on a global scale.

Key Points: 
  • Now, the fund will continue to make new investments in startups shaping the future of the built world as well as the metaverse, while also pushing for partnerships on a global scale.
  • Agya Ventures raises $32 mn Fund I to invest in the future of real estate and metaverse.
  • "The last twoyears have brought about massive changes in how we work, travel, and live," said Agya Ventures General Partner Nobu Iguchi.
  • In parallel, the fund will also invest in companies building for the metaverse to make the internet more immersive and experiential.

Global Construction Market Report 2022: Huge Economic Growth in Developing Countries and Low Interest Rates in Number of Developed Countries Driving Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 2, 2022

The "Construction Market by Construction Type, by Sector - Global Opportunity Analysis and Industry Forecast 2022-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction Market by Construction Type, by Sector - Global Opportunity Analysis and Industry Forecast 2022-2030" report has been added to ResearchAndMarkets.com's offering.
  • The demand for construction is increasing due to huge economic growth in developing countries and low interest rates in number of developed countries.
  • Market Segmentations and Scope of the Study:
    The construction market size has been segmented based on construction type, sector, and geography.
  • Asia-Pacific holds the lion share of global construction market and is expected to continue dominating the market during the forecast period.

SafeAI and Obayashi Operate Autonomous Vehicle on a Construction Site in Japan

Retrieved on: 
Thursday, July 21, 2022

In addition to winning buy-in from key stakeholders, the demos mark a critical first step toward securing approval from the government and industry organizations to bring autonomous construction to Japan.

Key Points: 
  • In addition to winning buy-in from key stakeholders, the demos mark a critical first step toward securing approval from the government and industry organizations to bring autonomous construction to Japan.
  • Japanese regulations were not originally designed to support the use of autonomous vehicles for off-road construction.
  • In partnership with Obayashi, and through the joint demonstration of an autonomous construction vehicle in Japan, we are making major strides towards achieving that goal, said Bibhrajit Halder, founder and CEO of SafeAI.
  • SafeAI retrofits heavy equipment for autonomous applications in mining and construction to serve a massive ecosystem of industry players with complex needs.

SafeAI, Siemens and Obayashi Collaborate to Bring Retrofitted Autonomous, Zero Emission Heavy Vehicles to Off-road Industries

Retrieved on: 
Thursday, June 2, 2022

SafeAI and Siemens signed an agreement in May 2021 to jointly work on retrofitting off-road heavy vehicles for autonomy, zero emission and connected applications, due to the increasing convergence of these three megatrends in vehicles.

Key Points: 
  • SafeAI and Siemens signed an agreement in May 2021 to jointly work on retrofitting off-road heavy vehicles for autonomy, zero emission and connected applications, due to the increasing convergence of these three megatrends in vehicles.
  • Earlier this year, a fleet of 300 construction trucksranging from 45 - 65 tons and operated by Obayashi Corporationwas identified to be retrofitted for autonomy and zero emission.
  • Heavy vehicle retrofit for autonomy and zero emission is an innovative yet cost-effective solution that will fast track adoption of sustainable technologies for heavy vehicles.
  • Combined with creative financing models and rigorous focus on safety, there could be as many retrofitted zero emission heavy vehicles as newly built zero emission heavy vehicles by 2030, said Zubin Sarkar, Head of Strategy, Business Development and Marketing at Siemens Commercial Vehicles.

Rio Grande Pacific Corporation Announces Engineering and Construction Teams for Uinta Basin Railway Project

Retrieved on: 
Saturday, May 14, 2022

Rio Grande Pacific Corporation (RGPC or the Company) through its Rio Grande Pacific Group portfolio company Basin Railway Constructors, LLC (BRC) announced today it has selected the engineering and construction firms for the final engineering and construction of the Uinta Basin Railway, the 85-mile-long common-carrier railway that will provide the first-ever common-carrier railway service to northeastern Utahs Uinta Basin region.

Key Points: 
  • Rio Grande Pacific Corporation (RGPC or the Company) through its Rio Grande Pacific Group portfolio company Basin Railway Constructors, LLC (BRC) announced today it has selected the engineering and construction firms for the final engineering and construction of the Uinta Basin Railway, the 85-mile-long common-carrier railway that will provide the first-ever common-carrier railway service to northeastern Utahs Uinta Basin region.
  • (Photo: Business Wire)
    Construction and operation of the Uinta Basin Railway project was authorized by the U.S.
  • The railway will serve mineral, energy, agricultural, construction, and manufacturing industries in the Uinta Basin.
  • Engineering and Construction firms that were selected are:
    AECOM will deliver final design of the railway exclusive of it tunnels.