Automotive industry

Lumotive Expands Lidar Technology Access Program to Include its Patented Light Control Metasurface™ (LCM) Beam Steering Chips and Reference Designs

Retrieved on:

Tuesday, May 10, 2022

SEATTLE, May 10, 2022 (GLOBE NEWSWIRE) -- Lumotive , a leading developer of scalable, all-semiconductor lidar technologies, today announced that its patented Light Control Metasurface (LCM) beam steering chips and associated reference designs are now available to a select number of qualified partners via the companys Technology Access Program (TAP).

Key Points:

SEATTLE, May 10, 2022 (GLOBE NEWSWIRE) -- Lumotive , a leading developer of scalable, all-semiconductor lidar technologies, today announced that its patented Light Control Metasurface (LCM) beam steering chips and associated reference designs are now available to a select number of qualified partners via the companys Technology Access Program (TAP).
Lumotive has developed a key scanning semiconductor technology for 3D real-time LiDAR.
LiDAR for Automotive and Industrial Applications report , Yole Dveloppement, 2021
Lumotives disruptive Light Control Metasurface (LCM) solid-state beam steering chips significantly reduce the complexity, cost and size of lidar systems while improving performance and reliability.
Lumotive is a leader in all-semiconductor lidar systems, developing high-performance solutions for consumer electronics, industrial automation, robotics and automotive applications.

Dimiour, honored with the prestigious Pacesetter Award for the second consecutive year

Retrieved on:

Tuesday, May 10, 2022

ATLANTA, May 10, 2022 /PRNewswire-PRWeb/ -- Dimiour, the fastest growing, Technology Consulting, Digital Transformation, IoT, Application Development and IT services provider, is pleased to announce that The Atlanta Business Chronicle has named them a Pacesetter for the second year in a row.

Key Points:

The Pacesetter Awards by The Atlanta Business Chronicle, celebrate fast-growing, privately held companies throughout Atlanta, Dimiour has been named a Pacesetter for the second year in a row.
The Pacesetter Awards by The Atlanta Business Chronicle, celebrate fast-growing, privately held companies throughout Atlanta that show exceptional improvement in revenue and employee growth over the previous two years.
Awardees were honored at the 27th Annual Pacesetter's Awards Gala on April 28, 2022.
Utilizing technologies like Blockchain, AI, Machine Learning, Public Cloud, IoT, and hyper-automation ensures their clients are ahead of the curve.

Eddy Current Testing Market to Garner $2.3 Bn, Globally, by 2030 at 9.5% CAGR: Allied Market Research

Retrieved on:

Tuesday, May 10, 2022

PORTLAND, Ore. , May 10, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Eddy-current Testing Market by Technique (Conventional Eddy Current Testing, Remote Field Testing, Alternating Current Field Measurement, Eddy Current Array, Others), by Service (Inspection Services, Equipment Rental Services, Calibration Services, Training Services), by Industry Verticals (Manufacturing, Oil and Gas, Automotive, Power Generation, Government Infrastructure and Public Safety, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030". As per the report, the global eddy current testing industry was accounted for $964.45 million in 2020, and is expected to reach $2.3 billion by 2030, growing at a CAGR of 9.5% from 2022 to 2030.

Key Points:

It further offers e-access to all the available industry reports just in a jiffy.
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions."
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting.
Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Eddy Current Testing Market to Garner $2.3 Bn, Globally, by 2030 at 9.5% CAGR: Allied Market Research

Retrieved on:

Tuesday, May 10, 2022

PORTLAND, Ore., May 10, 2022 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Eddy-current Testing Market by Technique (Conventional Eddy Current Testing, Remote Field Testing, Alternating Current Field Measurement, Eddy Current Array, Others), by Service (Inspection Services, Equipment Rental Services, Calibration Services, Training Services), by Industry Verticals (Manufacturing, Oil and Gas, Automotive, Power Generation, Government Infrastructure and Public Safety, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030". As per the report, the global eddy current testing industry was accounted for $964.45 million in 2020, and is expected to reach $2.3 billion by 2030, growing at a CAGR of 9.5% from 2022 to 2030.

Key Points:

It further offers e-access to all the available industry reports just in a jiffy.
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions."
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting.
Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Sonic Automotive Continues to Grow its EchoPark Nationwide Distribution Network with Retail Hub Opening in St. Louis, Missouri

Retrieved on:

Tuesday, May 10, 2022

Sonic Automotive, Inc. (Sonic'' or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in St. Louis, Missouri.

Key Points:

Sonic Automotive, Inc. (Sonic'' or the Company) ( NYSE:SAH ), a Fortune 500 Company and one of the nations largest automotive retailers, today announced the continued expansion of the EchoPark Automotive brand with the opening of its newest Retail Hub in St. Louis, Missouri.
This location follows the recent opening of its new Delivery Center in Columbus, GA and Retail Hub in Raleigh, NC.
*
We are very excited to announce the opening of our first EchoPark location in Missouri, said David Smith, CEO of Sonic Automotive.
Following its 2014 launch, EchoPark has rapidly become one of the pre-owned automotive retail industrys most prominent success stories.

DGAP-News: Mutares SE & Co. KGaA: Successful first quarter of 2022 – High transaction activity and full acquisition pipeline with more than EUR 11 billion revenue volume

Retrieved on:

Tuesday, May 10, 2022

Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.

Key Points:

Both on the level of the company ("Mutares Holding") and in the Group ("Mutares Group") significant growth in revenues was recorded.
At Group level, Mutares generated consolidated revenues of EUR 852.5 million in the first quarter of financial year 2022 (previous year: EUR 493.8 million).
As a result, Group EBITDA amounted to EUR - 14.3 million in the first quarter of 2022 (previous year: EUR + 53.8 million).
In the Automotive & Mobility segment, revenues increased to EUR 234.1 million in the first quarter of 2022 (previous year: EUR 187.0 million).

Contactless Biometrics Market worth $39.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, May 9, 2022

Contactless biometric services deliver biometric onboarding and authentication capabilities, and it eliminates the cost associated with the database, network, and storage components.

Key Points:

Contactless biometric services deliver biometric onboarding and authentication capabilities, and it eliminates the cost associated with the database, network, and storage components.
Professional services are further classified into training and consulting services, feasibility assessment services, analysis, and advisory services.
Managed services are expected to grow at a higher rate as it offers organizations to reduce effort, time, money, and risks.
Moreover, the growing usage of mobile devices and rising demand for robust fraud detection and prevention systems is also helping the market.

Contactless Biometrics Market worth $39.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, May 9, 2022

Contactless biometric services deliver biometric onboarding and authentication capabilities, and it eliminates the cost associated with the database, network, and storage components.

Key Points:

Contactless biometric services deliver biometric onboarding and authentication capabilities, and it eliminates the cost associated with the database, network, and storage components.
Professional services are further classified into training and consulting services, feasibility assessment services, analysis, and advisory services.
Managed services are expected to grow at a higher rate as it offers organizations to reduce effort, time, money, and risks.
Moreover, the growing usage of mobile devices and rising demand for robust fraud detection and prevention systems is also helping the market.

Silicon Motion Showcases Advanced Storage Solutions for Automotive Applications at Automotive Technologies Virtual Conference

Retrieved on:

Monday, May 9, 2022

Silicon Motion's automotive project manager will deliver a webinar titled "Advanced Storage Solutions for Automotive Applications" which will showcase an array of automotive storage solutions to satisfy the evolution of the automotive market.

Key Points:

Silicon Motion's automotive project manager will deliver a webinar titled "Advanced Storage Solutions for Automotive Applications" which will showcase an array of automotive storage solutions to satisfy the evolution of the automotive market.
Silicon Motion provides dependable high-performance automotive-grade storage solutions, including controllers and single-chip solutions for in-vehicle infotainment, navigation, ADAS, DVR, and autonomous driving applications.
Silicon Motion's Ferri line of Automotive-grade single-chip BGA solutions feature high-performance storage access, better power efficiency, and ease of system design.
Silicon Motion representatives will be presenting at the Automotive Technologies Virtual Conference.

NGen Funds New and Innovative End-of-Line Testing System

Retrieved on:

Monday, May 9, 2022

The pilot system will also be able to perform design limit tests as an end-of-line batch testing.

Key Points:

The pilot system will also be able to perform design limit tests as an end-of-line batch testing.
NGens mission is to enable collaboration to build world leading advanced manufacturing capabilities in Canada, said Jayson Myers, CEO, NGen.
To date, NGen has approved 166 projects with 374 industry partners, investing $236 million of Supercluster funds and leveraging $371 million in new R&D investments by industry.
With over 30+ years of experience in the automation market, Armo-Tool will lead the build of the new and innovative end-of-line test system.