National Baptist Convention, USA, Inc.

GITAI Passes All NASA Safety Reviews for ISS External Demonstration, Ready for Launch

Retrieved on: 
Friday, September 29, 2023
LEO, ISAM, Spacecraft, GEO, NASA, National Baptist Convention, USA, Inc., ISS, Communications satellite

TORRANCE, Calif., Sept. 29, 2023 /PRNewswire/ -- GITAI USA Inc. and GITAI Japan Inc. (GITAI), the world's leading space robotics startup, successfully completed all NASA safety reviews required for the ISS external demonstration.

Key Points: 
  • TORRANCE, Calif., Sept. 29, 2023 /PRNewswire/ -- GITAI USA Inc. and GITAI Japan Inc. (GITAI), the world's leading space robotics startup, successfully completed all NASA safety reviews required for the ISS external demonstration.
  • Furthermore, GITAI handed over the GITAI robotic flight model to NASA in August 2023 and is now ready for launch.
  • The GITAI robotic flight model is scheduled to journey to the ISS for its deployment in early 2024.
  • Please note that the launch date and choice of launch vehicle remain subject to NASA's coordination.

Immersion Cooling Market to grow by USD 529.56 million from 2022 to 2027, Market driven by a growing emphasis on reduction in power consumption by data centers - Technavio

Retrieved on: 
Thursday, September 14, 2023
Software as a service, Health, ISO, Research, National Baptist Convention, USA, Inc., USD, Government, Liquid cooling, Certification, Analysis, Data, Delta Electronics, Immersion, Growth, OPEX, R, BFSI, Geography, Transformer, Retail, Newtonian

The growing emphasis on reduction in power consumption by data centers is a key factor driving market growth.

Key Points: 
  • The growing emphasis on reduction in power consumption by data centers is a key factor driving market growth.
  • The growing concern about increasing power consumption in data centers using air-cooled technology has led to a significant increase in cold water immersion solutions for data centers.
  • In addition, the immersion cooling system reduces power consumption in the data center by more than 85% compared to a traditional air cooling system.
  • The increase in the construction of data centers is the key factor driving the global data center liquid immersion cooling market growth.

Electric Vehicle Charger Market to grow by 68,483.18 thousand units from 2022 to 2027 | Government incentives and subsidies for EV charging infrastructure developments drive the market - Technavio

Retrieved on: 
Tuesday, September 5, 2023
ABB, BorgWarner, EVBox, EV, Freedom, Electric vehicle, Tesla, Inc., National Baptist Convention, USA, Inc., AC, Government, EVS, Siemens, Speed, Growth, Commercial, EVgo, Air pollution, Geography, Fireworks, Electric battery

Government incentives and subsidies for EV charging infrastructure developments notably drive the growth of the market.

Key Points: 
  • Government incentives and subsidies for EV charging infrastructure developments notably drive the growth of the market.
  • The prospect of alluring incentives for both EV chargers and EV purchases is poised to stimulate the expansion of EV charger installations.
  • The electric vehicle (EV) charger market share growth by the residential segment will be significant during the forecast period.
  • The residential segment of the global EV charger market accounted for the highest volume and attracted many new entrants in the market.

James H. Cole Legacy Foundation names Executive Director

Retrieved on: 
Wednesday, August 23, 2023
Dorinda, Executive, Liberty Legacy Foundation Award, Funeral, Account executive, Calendar, The gospel, Television, Truth Initiative, Corner Ballpark, Sale, The Word Network, School, Advocacy Campaign Team for Mining, National Baptist Convention, USA, Inc., Family, Church, VIP, Management, Cole

DETROIT, Aug. 23, 2023 /PRNewswire-PRWeb/ -- The James H. Cole Legacy Foundation has appointed Nicole Black as its new Executive Director. Black brings to her new role a wealth of experience from a distinguished career in media and philanthropy.

Key Points: 
  • The James H. Cole Legacy Foundation has appointed Nicole Black as its new Executive Director.
  • DETROIT, Aug. 23, 2023 /PRNewswire-PRWeb/ -- The James H. Cole Legacy Foundation has appointed Nicole Black as its new Executive Director.
  • "Nicole has fostered many amazing relationships between the media, small businesses, local organizations, and the community at large which makes her a perfect fit for the Executive Director role at the Foundation," said Antonio Green, Director of James H. Cole Home for Funerals and President of the James H. Cole Legacy Foundation.
  • During their year-long centennial celebration, the family of the James H. Cole Home for Funerals founded the James H. Cole Legacy Foundation.

White Oak ABL and White Oak Commercial Finance Provide $287.5 Million Credit Facility to Majestic Steel USA, Distributor and Provider of Flat-Rolled Steel Products

Retrieved on: 
Tuesday, July 11, 2023
Professional Services, Manufacturing, Finance, Asset Management, Banking, Steel, Eclipse, Oak, Senior, White oak, Line of credit, Lead, Majestic, National Baptist Convention, USA, Inc., White, Bookrunner, Bank

White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) have closed a new $287.5 million 3-year Senior Secured Credit Facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service provider of flat-rolled steel products with operations throughout the United States (“Majestic Steel” and “the Company”), acting as Sole Arranger and Bookrunner.

Key Points: 
  • White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) have closed a new $287.5 million 3-year Senior Secured Credit Facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service provider of flat-rolled steel products with operations throughout the United States (“Majestic Steel” and “the Company”), acting as Sole Arranger and Bookrunner.
  • The credit facility consists of a $212.5 million asset based revolving line of credit and term loan funded by White Oak Commercial Finance, White Oak ABL and Eclipse Business Capital and a $75 million term loan funded by Stonebriar Commercial Finance.
  • Majestic Steel is now well positioned to continue its growth plan and ramp up operations at our new facility in Blytheville,” said Todd Leebow, CEO of Majestic Steel.
  • “White Oak acted as a highly supportive and flexible counterparty, and we would welcome the opportunity to work with them in the future.”

GITAI USA Has Successfully Completed Significant Countermeasures for the Lunar Environment

Retrieved on: 
Wednesday, July 5, 2023
Arm, Robotics, Temperature, Glass, National Baptist Convention, USA, Inc., DL, Dust, Paraffin wax

TORRANCE, Calif., July 5, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), a leading space robotics startup, is pleased to announce the successful completion of lunar environment testing for the major components of the in-house developed lunar Inch-worm type robotic arm.

Key Points: 
  • TORRANCE, Calif., July 5, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), a leading space robotics startup, is pleased to announce the successful completion of lunar environment testing for the major components of the in-house developed lunar Inch-worm type robotic arm.
  • GITAI has implemented seven essential lunar environment measures for the main components of the lunar Inch-worm type robotic arm, as outlined below:
    GITAI has developed a wireless charging interface for the tool changer as a countermeasure to lunar regolith.
  • GITAI has successfully developed a coated glass solution that effectively repels regolith simulant, ensuring unhindered functionality and recognition capabilities without contamination.
  • To enable autonomous control during lunar sampling missions, GITAI has thoroughly verified the object recognition function for individual stones, ensuring its reliable operation.

HSBC Leads $125 Million Refinancing Deal for Design Group

Retrieved on: 
Friday, June 23, 2023
Banking, Professional Services, Finance, SM Life Design Group, HSBC, HSBC Bank, Public sector banks in India, FDIC, National Baptist Convention, USA, Inc., Commercial bank, HSBC Bank USA, IG, Retail, Private banking, National Association, NatWest, Security (finance), Bank

HSBC Group has announced that it led a $125 million refinancing deal for IG Design Group plc (Design Group), one of the world's leading designers, innovators and manufacturers of gift packaging, celebrations, craft and creative play, stationery, gifting, and related product categories.

Key Points: 
  • HSBC Group has announced that it led a $125 million refinancing deal for IG Design Group plc (Design Group), one of the world's leading designers, innovators and manufacturers of gift packaging, celebrations, craft and creative play, stationery, gifting, and related product categories.
  • The deal was spearheaded by HSBC USA, structured by HSBC USA’s Asset Based Lending team, and supported by HSBC UK, with the bank providing a total of $75 million in funding.
  • The new asset-based revolving credit facility will allow Design Group to support its working capital requirements throughout the year and meet customer demand around peak seasonal gifting times.
  • “This deal represents an important milestone in our journey to first restore our pre-Covid performance, and then grow beyond,” said Design Group CEO Paul Bal.

SERAMOUNT ANNOUNCES THE 2023 BEST COMPANIES FOR MULTICULTURAL WOMEN

Retrieved on: 
Tuesday, June 13, 2023
Advertising, Telecommunications, EAB, Horizon Blue Cross Blue Shield of New Jersey, SM1, Woman, Bristol Myers Squibb, Mentorship, Multiculturalism, Organization, Internet, National Baptist Convention, USA, Inc., KPMG LLP, DEI, Verizon Communications, Johnson & Johnson, Profit & Loss, KPMG, Mental health, Accenture, Ernst & Young, Clothing, Management, Jet fuel, New York Life Insurance Company

Washington, DC, June 13, 2023 (GLOBE NEWSWIRE) -- Seramount, part of EAB, revealed the 2023 Best Companies for Multicultural Women today.

Key Points: 
  • Washington, DC, June 13, 2023 (GLOBE NEWSWIRE) -- Seramount, part of EAB, revealed the 2023 Best Companies for Multicultural Women today.
  • This honor recognizes the Top 80 companies that create and use best practices in hiring, retaining, and promoting multicultural women in the United States.
  • Since 2003, Seramount’s Best Companies for Multicultural Women has tracked corporations’ progress in creating cultures that encourage multicultural women to join and rise through the ranks.
  • “Corporations continue to make progress in recruiting, retaining, and promoting multicultural women,” said Subha V. Barry, President of Seramount.

Historic Organization, R.H. Boyd, Invites Community to Second Annual Legacy Ball with headliner Kenny Lattimore and the Upcoming Vision Conference

Retrieved on: 
Friday, June 9, 2023
Intersection, Volunteering, Tamayouz Excellence Award for Architecture, Season, Boyd, Table, Social justice, HBCU, Four Seasons Hotels and Resorts, British Machine Vision Conference, Multimedia, Social media, Northern Seminary, Service award, Student, Tennessee State University, National Baptist Convention, USA, Inc., Seminary, Social, Conference, Terry Fox Humanitarian Award, Nightclub, Tourism, Sankofa

The Vision Conference is a hybrid, transformative event designed to empower educators, pastors, leaders, and volunteers involved in Christian education ministries.

Key Points: 
  • The Vision Conference is a hybrid, transformative event designed to empower educators, pastors, leaders, and volunteers involved in Christian education ministries.
  • The conference offers a range of workshops, interactive sessions, keynote speeches, and fellowship opportunities to enhance teaching methodologies, deepen biblical understanding, and cultivate spiritual growth.
  • In-person conference proceedings include a dynamic Faith Leaders Luncheon, a Pre-Father's Day Prayer Breakfast, and the National Museum of African American Music Block Party in Downtown Nashville.
  • Following the conclusion of the Vision Conference, all are invited to attend the second annual Legacy Ball at the Four Seasons Hotel in downtown Nashville for an evening filled live music, community engagement, and distinguished honorees on Saturday, June 17.

Shell USA Inc. and NSTA Announce 2023 Shell Urban Science Educator Development Award Winners

Retrieved on: 
Monday, May 15, 2023
Other Education, Science, Other Science, Primary, Secondary, Education, Shell, National Science Teaching Association, Hightower High School, National Baptist Convention, USA, Inc., Science education, NSTA, Instruction, STEM, Conference, Nursing, Tutoring

Shell USA Inc. and the National Science Teaching Association today announced the recipients of the annual Shell Urban Science Educator Development Award.

Key Points: 
  • Shell USA Inc. and the National Science Teaching Association today announced the recipients of the annual Shell Urban Science Educator Development Award.
  • The awardees (listed below) were formally recognized for their achievement during an award ceremony at the NSTA National Conference on Science Education in Atlanta.
  • “Our investment in their development will increase the talent pipeline and their opportunity to participate in science leadership initiatives.
  • Additionally, their participation strengthening recruitment and retention of technical and innovative talent from underrepresented groups that will help solve the unique problems of today’s world and its future.”
    “The work our Shell Urban Science Educator Development Award winners are doing in the classroom is extraordinary,” said NSTA President Elizabeth Mulkerrin, Ed.D.