Non-recurring engineering

Alchip Technologies Sets 2023 Financial Records

Retrieved on: 
Friday, March 8, 2024
Artificial intelligence, Luxembourg Stock Exchange, Record, Alchip, NRE, Non-recurring engineering, Application-specific integrated circuit, ASIC, FY, Video game

Taipei, Taiwan, March 08, 2024 (GLOBE NEWSWIRE) -- Alchip Technologies 2023 financial performance set records for the sixth straight year.

Key Points: 
  • Taipei, Taiwan, March 08, 2024 (GLOBE NEWSWIRE) -- Alchip Technologies 2023 financial performance set records for the sixth straight year.
  • FY 2023 net income reached $106.6 million a 73.3% increase over FY 2022 net income of $61.5 million.
  • At the same time, Alchip reported its fourth quarter 2023 financial results.
  • Fourth quarter 2023 revenue was $291.1 million, a 96.3% year-on-year increase over fourth quarter 2022 revenue of $148.3 million.

Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Wednesday, March 6, 2024
Engineering, OEM, Investment, Marketing, BYD, NRE, Lidar, Non-recurring engineering, Advertising, EAS, G&A, Video game

Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.

Key Points: 
  • Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.
  • Total costs and expenses in the fourth quarter were $5.4 million, down from $6.0 million in the fourth quarter of 2022.
  • Net loss for the fourth quarter was $(5.4) million compared to $(5.5) million in the corresponding quarter of 2022.
  • Fourth quarter 2023 net loss per share was $(0.12), based on basic and diluted weighted average shares outstanding of approximately 46.0 million in the quarter.

Resale Industry Leader Recurate Appoints Yoram Givon as VP of Engineering

Retrieved on: 
Thursday, April 20, 2023
Cloud, Non-recurring engineering, Software as a service, Yoram, Android, IOS, Visa, Hadassah Academic College, Business administration, Friction, SKU, Institute of Business Administration and Management, Master, Giv'on HaHadasha, Computer science, Video game, Management, Online shopping, Science, Engineering, Western Governors University

NEW YORK, April 20, 2023 /PRNewswire/ -- ResaleOS and leading circular economy tech company Recurate announces the appointment of Yoram Givon as VP of Engineering.

Key Points: 
  • NEW YORK, April 20, 2023 /PRNewswire/ -- ResaleOS and leading circular economy tech company Recurate announces the appointment of Yoram Givon as VP of Engineering.
  • Givon has over 20 years of experience in managing engineering teams at Fortune 500 companies across the US and Europe including Visa, Vrbo and more.
  • "Recurate has done an impeccable job since its founding in 2020 to break into the industry and become a leader in circular economy and resale technology," Yoram Givon said.
  • "He and the engineering team he's built already have transformative ideas -- and will bring innovations to the resale industry with tremendous speed."

Scientific Systems Company, Inc (SSCI) Conducts First Publicized Demonstrations of Dockerized Space Mission Software on Orbiting Satellite

Retrieved on: 
Wednesday, September 7, 2022
POET, Software, Raytheon Technologies, United States Department of Defense, View, OS, NDSA, National Space Development Agency of Japan, Collection, CMA, NRE, Multimedia, API, SDA, SSCI, Non-recurring engineering, MSCT, Running, Satellite navigation device, Docker, Docker (software)

Pushing this capability on-orbit provides a major toolchain improvement for the deployment of space-based edge-processing apps, which are central to SSCI's AI-enabled mission management software.

Key Points: 
  • Pushing this capability on-orbit provides a major toolchain improvement for the deployment of space-based edge-processing apps, which are central to SSCI's AI-enabled mission management software.
  • This is the first publicized instance of Docker containers deployed to and running on an orbiting satellite.
  • SSCI demos the first publicized instance of Docker containers deployed to and running on an orbiting satellite.
  • Transition to a Docker environment on-orbit is an enabling step in performing demonstrations of on-orbit 3rd-party fusion software apps in the National Defense Space Architecture (NDSA).

Vuzix Receives Follow-On Order from US Defense Contractor to Further Develop Customized Waveguide-based Optics Engine

Retrieved on: 
Friday, October 16, 2020
Human–computer interaction, Mixed reality, Multimodal interaction, Display technology, Video hardware, Vuzix, Augmented reality, Non-recurring engineering, Optical head-mounted display

This order represents the second phase of this development effort, which was first announced in March 2020.

Key Points: 
  • This order represents the second phase of this development effort, which was first announced in March 2020.
  • Phase 2 will generate additional non-recurring engineering (NRE) revenue in the lower six figure range for Vuzix over the coming months.
  • "We are very pleased with the progress we continue to make with this major US defense contractor as we pursue a production opportunity with them," said Paul Travers, President and CEO of Vuzix.
  • Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets.