ITS

Global Autonomous Car in 5G Era Research Study 2023: 5G Era Propels Driverless Cars into the Mainstream by 2040 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024
Vehicle Technology, Mobile, Wireless, Internet, IOT (Internet of Things), General Automotive, Technology, Autonomous Driving, Vehicles, Automotive, 5G, Automotive Manufacturing, Manufacturing, Telecommunications, ITS, Marketing, Injury, Economics, Death, Transport, Advanced driver-assistance system, Intelligent transportation system, Statistics, ADAS, Accident, Internet of things, Synergy, Safety, Organization

The report also emphasizes the importance of 5G mobile networking as a basis for the driverless car ITS revolution.

Key Points: 
  • The report also emphasizes the importance of 5G mobile networking as a basis for the driverless car ITS revolution.
  • Fully developed driverless car needs support of communications systems evolving in the transition to 5G; and these two developments are interrelated - a driverless car becomes a 5G use case.
  • The survey of driverless cars projects currently underway is conducted; as well as the survey of related patents (2018-2023).
  • A driverless car, for simplicity, may be described as a combination of a connected car and ADAS (Advanced Driver Assistance Systems); and other parts.

Innovusion Delivers 200,000 LiDAR Units, Driving the Industry with Unprecedented Growth

Retrieved on: 
Thursday, November 16, 2023
ITS, Lidar, Quality control, TuSimple, ES7, NIO, Growth, Transport, Automation, Renewable energy

Innovusion is a rapidly growing player in the LiDAR space, holding the majority of LiDAR market share in 2022 for passenger cars and light commercial vehicles, according to Yole Intelligence's Global Automotive LiDAR Market and Technology Report 2023.

Key Points: 
  • Innovusion is a rapidly growing player in the LiDAR space, holding the majority of LiDAR market share in 2022 for passenger cars and light commercial vehicles, according to Yole Intelligence's Global Automotive LiDAR Market and Technology Report 2023.
  • The company's production of 200,000 units in 2023 is a significant feat considering the challenges of large-scale mass production of high-performance LiDAR.
  • "We're thrilled to have achieved this milestone of producing 200,000 LiDAR units this year," said Junwei Bao, CEO and co-founder of Innovusion.
  • These collaborations have helped drive Innovusion's growth and pursuit of advanced LiDAR solutions, and the company will continue to develop solutions that meet the unique needs of the industry.

Indonesia's ITS Launches 7 MedTech Devices Based on Various Integrated Technologies

Retrieved on: 
Thursday, November 9, 2023
VR, ITS, Digital, Health, University, Medtech, Research, Hospital, RSUA, Jakarta Convention Center, 3D, Artificial intelligence, Digital 3D, Surgical instrument, Digital technology, Augmented reality, Patient, Virtual reality, Finger

Sepuluh Nopember Institute of Technology (ITS) has developed 7 medical devices based on integrated technologies, contributing significantly to Indonesia's nascent MedTech industry [Image: ITS].

Key Points: 
  • Sepuluh Nopember Institute of Technology (ITS) has developed 7 medical devices based on integrated technologies, contributing significantly to Indonesia's nascent MedTech industry [Image: ITS].
  • The seven devices use integrated 3D design and digital fabrication technology.
  • Through fabrication technology, products can be customized and made based on consumer request.
  • Bambang Pramujati, ITS Deputy Rector, said: The launch of these medtech devices is proof of ITS' commitment to developing technology in the health sector.

Actelis Receives Order For Networking Of Traffic Management and Safety IoT Applications In The City of Everett, Washington

Retrieved on: 
Wednesday, December 6, 2023
Copper, ITS, Power, Partnership, Transport, City, EMS, Internet of things, IP, Weather, IEEE 802.1AE, Safety, Serial, ASNS

Actelis continues its success with trusted ITS channel partner, Western Systems , who works with the city’s traffic engineering department on traffic device deployments.

Key Points: 
  • Actelis continues its success with trusted ITS channel partner, Western Systems , who works with the city’s traffic engineering department on traffic device deployments.
  • Everett, the seventh largest city in Washington State, has an ambitious Transportation Modernization Program covering a host of planned improvements, many of which focus on transportation safety and smart traffic enhancements.
  • Actelis’ integrated hybrid fiber-copper networking platform helps Everett and cities around the world to advance their traffic management and safety initiatives by enabling and extending secure, fiber-grade connectivity at traffic intersections with deployment in just hours.
  • Actelis’ ML684D , a part of the company’s MetaLight product family, are weather hardened, multi-gigabit network switches that transport critical traffic related information to the city traffic operations center.

EtherWAN Enters a Strategic Distribution Partnership with AZCO Supply, Inc.

Retrieved on: 
Thursday, November 30, 2023
ITS, Critical infrastructure, Partnership, Intelligent transportation system

By combining both organizations’ historic focus and success within the transportation sector, both companies aim to bring unparalleled value to end users within the region.

Key Points: 
  • By combining both organizations’ historic focus and success within the transportation sector, both companies aim to bring unparalleled value to end users within the region.
  • EtherWAN is confident that their partnership with AZCO Supply’s newly formed Intelligent Transportation Systems group will provide their customers with outstanding quality and exceptional customer service.
  • “AZCO Supply is the perfect partner for EtherWAN, since our go-to-market strategies work hand-in-hand,” says Paul Langworthy, US Sales Manager of Critical Infrastructure at EtherWAN.
  • “AZCO is excited to partner with EtherWAN, as they add a valuable layer to our growing ITS offerings,” says Joe Hoferer, VP of the Traffic Division at AZCO.

Inside information: Citycon Oyj successfully completes directed share issue in exchange for repurchasing certain of its hybrid bonds for EUR 6.4 million

Retrieved on: 
Wednesday, December 20, 2023
ITS, Finnish Trade Register, Share (finance), Health, NOT, ANY, Transaction, S&P Global Ratings, Citycon, Heart, Annual, EUR, PEOPLE, Standard, Security (finance)

HELSINKI, Dec. 20, 2023 /PRNewswire/ -- The Board of Directors of Citycon Oyj ("Citycon" or the "Company") has decided, by virtue of the authorization granted by the Annual General Meeting of the Company on 21 March 2023, to issue up to 1,210,866 new shares in the Company (the "Shares") to certain institutional hybrid bond holders in the Company (the "Investors") in deviation of the pre-emptive subscription rights of the shareholders (the "Share Issue") in exchange for the Company repurchasing certain of its outstanding subordinated fixed to reset rate 5.25 year non-call undated green capital securities, issued on 22 November 2019 (ISIN XS2079413527, the "2024 Hybrid Bonds") from the Investors in an approximate aggregate principal amount of EUR 7.6 million (the bond repurchases and the Share Issue together, the "Transaction"). Pursuant to the Transaction, the subscription price for the Shares payable by the Investors to the Company is set off against the repurchase price for the 2024 Hybrid Bonds payable by the Company to the Investors.

Key Points: 
  • The Board of Directors has approved the terms and conditions of the Share Issue and the subscription made in accordance with the terms and conditions of the Share Issue.
  • A total of 1,210,866 Shares were subscribed for in the Share Issue.
  • The subscription price was EUR 5.30 per Share, and the aggregate subscription price for all Shares was approximately EUR 6.4 million.
  • The closing price of the Company's share in Nasdaq Helsinki on 19 December 2023 was EUR 5.26.

ITS Logistics November Port Rail Ramp Index: Supply Chain Industry Urged to Closely Monitor Trade Route Disruptions at the Suez and Panama Canal

Retrieved on: 
Monday, November 13, 2023
Holiday, Suez Canal, Intermodal transport, Ship, Panama Canal, Logistics, Risk, Convoy, Index, ITS, Water, Panama Canal Authority, News, Transport, Safety, Rail freight transport, Pacific Ocean

This month, for the first time in the index's history, all modes across all regions are at normal operations.

Key Points: 
  • This month, for the first time in the index's history, all modes across all regions are at normal operations.
  • “Geopolitical unrest in the Middle East also has the potential to affect vessel flow through the Suez Canal.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Northern Trust Appointed to Provide Integrated Trading Solutions to Waverton Investment Management

Retrieved on: 
Thursday, December 14, 2023
Technology, Personal Finance, Finance, Fintech, Banking, Professional Services, Digital Cash Management, Digital Assets, Software, Asset Management, World Integrated Trade Solution, Annual report, Risk, Waverton Investment Management, Organic, Trust, ITS, NTRS, Growth, Integration, Cryptocurrency, Financial services, Security (finance), Northern Trust, Waverton

Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.
  • Northern Trust is supporting the trading of equities, derivatives and fixed income assets as Waverton’s sole provider of trading services.
  • Northern Trust continually innovates and invests in technology in support of its clients, delivering a differentiated approach to trading that includes ITS, offered through Institutional Brokerage.
  • Both are part of Northern Trust Capital Markets, which also provides foreign exchange, securities lending and transition management services.

inTEST Continues Executing on Five-Point Strategy to Expand Geographically - Establishes Southeast Asia Center of Excellence in Malaysia

Retrieved on: 
Wednesday, December 6, 2023
Other Defense, Contracts, General Automotive, Technology, Automotive, Defense, Semiconductor, Other Manufacturing, Automotive Manufacturing, Aerospace, Manufacturing, Telecommunications, NYSE, Engineering, Videology, ITS, Growth, Center of excellence

Nick Grant, President and CEO, commented, “A key element of our 5-Point Strategy for growth is geographic expansion.

Key Points: 
  • Nick Grant, President and CEO, commented, “A key element of our 5-Point Strategy for growth is geographic expansion.
  • We are most successful at winning new customers through hands-on demonstration of our products and showcasing our engineering capabilities.
  • It will serve as the main location in the region for customer product demonstrations, customer service and applications training.
  • Currently, Asia–Pacific represents approximately 35% of revenue for the Company primarily from customers based in the U.S.

Spirent and Anritsu Deliver Comprehensive Automotive Test Solutions

Retrieved on: 
Wednesday, December 6, 2023
Mobile, Wireless, Hardware, Electronic Design Automation, General Automotive, Technology, Automotive, Autonomous Driving, Vehicles, Security, 5G, Satellite, Automotive Manufacturing, Telecommunications, Manufacturing, Cloud, KPI-driven code analysis, Communication, LSE, Spirent, ITS, Partnership, ADAS, SPT, OTA, Intelligent transportation system, 3GPP, Medical device, Anritsu

Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced a strategic partnership with Anritsu to enable the automotive industry to more efficiently meet the unique testing requirements presented by cellular vehicle-to-everything (C-V2X) and autonomous driving technologies.

Key Points: 
  • Spirent Communications plc (LSE:SPT), the leading provider of test and assurance solutions for next-generation devices and networks, today announced a strategic partnership with Anritsu to enable the automotive industry to more efficiently meet the unique testing requirements presented by cellular vehicle-to-everything (C-V2X) and autonomous driving technologies.
  • The collaboration establishes a complete C-V2X and automotive 5G testing portfolio with a unified framework that delivers unparalleled versatility and adaptability to verify designs incorporating autonomous driving technologies.
  • “Embarking on this journey with Anritsu, we aim to drive new standards in the world of automotive and connected vehicle testing by offering customers a single source for the most powerful arsenal of test solutions to help them tackle the challenges of the rapidly evolving autonomous driving world,” said Aniket Khosla, VP of Cloud and IP Product Management at Spirent.
  • The Spirent C-V2X solution supports:
    Conformance, functional and performance testing for C-V2X on a single hardware platform.