SVT

Garmin unveils complete avionics modernization program for Cessna Citation CJ2

Retrieved on: 
Tuesday, March 19, 2024

OLATHE, Kan., March 19, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced an upcoming Federal Aviation Administration (FAA) Supplemental Type Certification (STC) for the Cessna Citation CJ2, creating an all-Garmin integrated solution for the popular light jet. As a complete upgrade for the original flight deck, Garmin's industry-leading avionics solutions will fully replace the legacy systems, modernizing the airplane and reducing pilot workload by bringing new capabilities and safety-enhancing technologies. The all-Garmin retrofit will include TXi™ flight displays, GTN™ Xi navigators, GFC™ 600 digital autopilot and several more optional upgrades.

Key Points: 
  • –Carl Wolf, Garmin Vice President of Aviation Sales and Marketing
    Specifically tailored to the CJ2 airframe and operator, the all-Garmin avionics upgrade program transforms the current fragmented avionics architecture to an integrated cockpit experience.
  • PlaneSync automatically downloads avionics database updates2 and leverages high-speed integration amongst the avionics to quickly synchronize updates across the displays.
  • The full retrofit solution in the Cessna Citation CJ2 is expected to be available in Q2 of 2024 through Garmin Authorized Dealer network.
  • Garmin plans to certify a similar avionics upgrade program for the Cessna Citation CJ1.To learn more, visit Garmin.com/CJ2 .

SVT Robotics Enhances SOFTBOT® Platform to Maximize Uptime With Real-Time Monitoring and Alerts

Retrieved on: 
Wednesday, February 28, 2024

NORFOLK, Va., Feb. 28, 2024 (GLOBE NEWSWIRE) -- SVT Robotics™ , a software provider empowering IT teams to seamlessly integrate, monitor, and scale automation, has expanded the SOFTBOT® Platform to include real-time monitoring capabilities.

Key Points: 
  • NORFOLK, Va., Feb. 28, 2024 (GLOBE NEWSWIRE) -- SVT Robotics™ , a software provider empowering IT teams to seamlessly integrate, monitor, and scale automation, has expanded the SOFTBOT® Platform to include real-time monitoring capabilities.
  • The updated SOFTBOT Platform now includes a single dashboard that can maximize uptime across disparate technologies and systems.
  • The tech-agnostic SOFTBOT Platform allows companies to rapidly connect and orchestrate new automation with prebuilt, reusable and self-documenting integrations.
  • “The enhanced SOFTBOT Platform changes the game for our customers, giving them a way to proactively support systems with multi-site monitoring and real-time alerting.”
    For more information about the SOFTBOT Platform, please visit https://www.svtrobotics.com/ .

Contextant Announces Strategic Partnership With SVT Robotics™ for Warehouse Automation Enablement

Retrieved on: 
Wednesday, February 14, 2024

LAKE FOREST, Ill., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Contextant , a systems integration provider of innovative warehouse automation solutions, announced a strategic partnership with SVT Robotics ™, a software provider specializing in empowering IT teams to seamlessly integrate, monitor, and scale automation through its tech-agnostic platform.

Key Points: 
  • LAKE FOREST, Ill., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Contextant , a systems integration provider of innovative warehouse automation solutions, announced a strategic partnership with SVT Robotics ™, a software provider specializing in empowering IT teams to seamlessly integrate, monitor, and scale automation through its tech-agnostic platform.
  • Under the partnership, Contextant will be a reseller of SVT’s SOFTBOT® Platform, enhancing its capabilities to deliver cutting-edge automation integration and multi-agent orchestration solutions to customers across industries.
  • The partnership leverages the strengths of both companies, combining Contextant's material handling and robotics systems integration expertise with SVT Robotics' advanced warehouse automation integration platform.
  • By leveraging the SOFTBOT Platform, Contextant will help customers overcome many of the integration and cost of ownership challenges that hinder companies from moving forward with warehouse automation.

Servotronics, Inc. Names Harrison W. Kelly III as New Chief Operating Officer

Retrieved on: 
Wednesday, January 31, 2024

ELMA, N.Y., Jan. 31, 2024 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that Harrison W. Kelly III has been appointed as its new Chief Operating Officer (COO).

Key Points: 
  • ELMA, N.Y., Jan. 31, 2024 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that Harrison W. Kelly III has been appointed as its new Chief Operating Officer (COO).
  • Dr. Kelly's track record of technical expertise, experience and success underscores the Company's dedication to innovation and excellence in the dynamic aerospace industry.
  • Prior to joining Servotronics, Dr. Kelly served as the President of ProVision, LLC.
  • where he focused on developing quality and regulatory management systems and designing customized operational plans to improve efficiencies and reduce costs.

Netlogistik Partners with SVT Robotics™ to Resell SOFTBOT® Platform

Retrieved on: 
Thursday, January 18, 2024

This partnership enables Netlogistik’s customers using Blue Yonder to easily deploy automation, reduce support costs, and maximize uptime across their facilities.

Key Points: 
  • This partnership enables Netlogistik’s customers using Blue Yonder to easily deploy automation, reduce support costs, and maximize uptime across their facilities.
  • The SOFTBOT Platform also normalizes and aggregates supply chain data from disparate sources enabling companies to easily optimize their operations.
  • "As a Blue Yonder Gold Partner, Netlogistik is well positioned to help operations and IT teams achieve their automation and digital transformation goals."
  • With their experience and proven methodology, Netlogistik helps customers optimize their warehouses by increasing productivity and lowering operational costs.

enVerid Systems to Highlight How Buildings Can Achieve Decarbonization and IAQ with Sorbent Ventilation Technology® at AHR Expo (S9565)

Retrieved on: 
Wednesday, January 17, 2024

Visit S9565 to view products & tools that enable buildings to achieve decarbonization & IAQ goals cost effectively.

Key Points: 
  • Visit S9565 to view products & tools that enable buildings to achieve decarbonization & IAQ goals cost effectively.
  • Updates to ASHRAE Standard 62.1-2022 including Addendum c, which make applying the performance-based IAQ Procedure with air cleaning much easier.
  • At the 2019 AHR Expo, enVerid's flagship HLR air cleaning module received the HVAC industry's top award, the Product of the Year.
  • At the 2024 AHR Expo enVerid will display its three indoor HLR products:
    The HLR 200M – The flagship indoor HLR model that removes CO2, VOCs, and other contaminants from indoor air.

The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem Report 2023-2030: Global Opportunities, Challenges, Strategies & Forecasts - ResearchAndMarkets.com

Retrieved on: 
Monday, January 15, 2024

The "The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem 2023-2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Shared & Unlicensed Spectrum LTE/5G Network Ecosystem 2023-2030: Opportunities, Challenges, Strategies & Forecasts" report from SNS Telecom & IT has been added to ResearchAndMarkets.com's offering.
  • The report estimates that global investments in 5G NR and LTE-based RAN (Radio Access Network) infrastructure operating in shared and unlicensed spectrum will account for more than $1.4 Billion by the end of 2023.
  • The report also provides global and regional forecasts for shared and unlicensed spectrum LTE/5G RAN infrastructure from 2023 to 2030.
  • The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Servotronics Provides Investor Update on Strategic Vision to Maximize Long-Term Shareholder Value and Initial 2024 Outlook

Retrieved on: 
Monday, December 18, 2023

ELMA, N.Y., Dec. 18, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today released a revised investor update highlighting its progress in achieving its long-term strategic vision along with initial 2024 financial outlook.

Key Points: 
  • -- Continued Focus on Core Business to Drive Long-term Profitable Growth; Targets
    ELMA, N.Y., Dec. 18, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today released a revised investor update highlighting its progress in achieving its long-term strategic vision along with initial 2024 financial outlook.
  • As we execute our strategic plan, we anticipate the market will recognize our results, delivering increased shareholder value through higher share prices."
  • With the progress made on the Company's long-term strategic vision, the Leadership Team has offered the following outlook for the fiscal 2024 year:
    Servotronics has provided an updated investor presentation that includes detailed information regarding the strategic plan, business performance and long-term outlook.
  • The presentation is available on the investor relations section of the Company's website: https://www.servotronics.com/investor-relations and has been filed with the SEC.

Servotronics Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

ELMA, N.Y., Nov. 9, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today reported financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • ELMA, N.Y., Nov. 9, 2023 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today reported financial results for the third quarter and nine months ended September 30, 2023.
  • Servotronics achieved significant growth in revenue, gross margin and operating income in the third quarter of 2023.
  • Unless otherwise noted, all financial results are based on the results of continuing operations.
  • Highlights for the third quarter financial results include:
    Revenues were $11.6 million, up 31.3% from $8.8 million in the third quarter of 2022.

Netlogistik Hosts 2023 Innovation Day, Introducing the Latest Supply Chain and Logistics Innovations

Retrieved on: 
Thursday, October 26, 2023

This transformative experience will help businesses learn about the latest supply chain and logistics innovations to embrace within their supply chains, driving efficiencies, growing productivity, and delivering value.

Key Points: 
  • This transformative experience will help businesses learn about the latest supply chain and logistics innovations to embrace within their supply chains, driving efficiencies, growing productivity, and delivering value.
  • “Innovation Day will be a great chance for attendees to be inspired by and network with real-world pioneers in supply chain innovation,” says Jagan Reddy, Managing Partner, Netlogistik.
  • “Our valued clients will share how they have overcome supply chain challenges by partnering with the Netlogistik team of strategic advisors with deep domain expertise and experience.”
    The 2023 Netlogistik Innovation Day Agenda is below.
  • Welcome to Netlogistik’s Innovation Day 2023 – Pioneering Tomorrow’s Supply Chain: Embrace Innovation, Gain Advantage – Jagan Reddy, Managing Partner, Netlogistik.