Automotive industry

Aehr Test Systems Announces Completion of $25 Million ATM Offering

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Thursday, October 7, 2021
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FREMONT, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it successfully completed its previously announced $25 million at-the-market (ATM) offering.

Key Points: 
  • FREMONT, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced that it successfully completed its previously announced $25 million at-the-market (ATM) offering.
  • The gross proceeds to the Company were$25.0 million before commission fees and offering expenses.The estimated net proceeds to the Company after commission, fees, and estimated offering expenses were$24.0 million.
  • Gayn Erickson, President and CEO ofAehr Test Systems, commented, We are pleased to have successfully completed this offering which netted $24 million in cash with minimum dilution to our shareholders.
  • Headquartered in Fremont, California, Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has installed over 2,500 systems worldwide.

Satellite Communication Market size worth $ 131.68 Billion, Globally, by 2028 at 9.10% CAGR: Verified Market Research®

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Wednesday, October 6, 2021
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VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market.

Key Points: 
  • VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market.
  • VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
  • Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers.
  • Verified Market Research provides advanced analytical research solutions while offering information enriched research studies.

Kearney Launches Digital Model Factory

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Wednesday, October 6, 2021
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CHICAGO, Oct. 6, 2021 /PRNewswire/ --Global consulting firm Kearney and strategic partner LIFT Manufacturing Institute today officially launched the Digital Model Factory, a hands-on facility where industrial companies can explore how to best apply Industry 4.0 technologies in their operations.

Key Points: 
  • CHICAGO, Oct. 6, 2021 /PRNewswire/ --Global consulting firm Kearney and strategic partner LIFT Manufacturing Institute today officially launched the Digital Model Factory, a hands-on facility where industrial companies can explore how to best apply Industry 4.0 technologies in their operations.
  • The new Digital Model Factory ( DMF ) is located in LIFT's 100,000 square foot facility in Corktown, Michigan a technology hub for the automotive, aerospace, and industrial sectors.
  • "Together, Kearney and LIFT will help companies across the United States take the critical next step toward making digital manufacturing a reality on their factory floors," said Doug Mehl , Kearney Partner and the firm's Global Lead for Industry 4.0 Strategy.
  • "Kearney's DMF moves beyond envisioning Industry 4.0 to experiencing what it actually means to implement this remarkable range of emerging technologies," noted Azaz Faruki, a Kearney Principal who directs daily operations at the new Digital Model Factory.

Shawmut Corporation’s Protex™ N95 Particulate Respirator to be Featured in NSC Safety Congress and Expo’s New Product Showcase

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Wednesday, October 6, 2021
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The National Safety Councils Safety Congress & Expo, the worlds largest annual event for safety leaders, marks the first national trade show for Shawmuts N95 respirator.

Key Points: 
  • The National Safety Councils Safety Congress & Expo, the worlds largest annual event for safety leaders, marks the first national trade show for Shawmuts N95 respirator.
  • Shawmuts N95 particulate respirator is designed with crucial feedback from essential and industrial workers, addressing their need for a comfortable mask they can wear all day that fits and seals properly.
  • We designed our N95 respirator to not only deliver the highest levels of protection, but also the highest levels of comfort.
  • To vote for Shawmuts Protex N95 Particulate Respirator click here .

Modis positioned as Leader on both US IT Staffing and US Staffing PEAK Matrix® reports from Everest Group

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Wednesday, October 6, 2021
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JACKSONVILLE, Fla., Oct. 6, 2021 /PRNewswire/ -- Modis, a global leader in the converging worlds of IT and engineering, was recently named a Leader on Everest Group's US IT Contingent Workforce (Staffing) Provider Peak Matrix Assessment 2021 and Everest Group's US Contingent Workforce (Staffing) Provider PEAK Matrix Assessment 2021 .

Key Points: 
  • JACKSONVILLE, Fla., Oct. 6, 2021 /PRNewswire/ -- Modis, a global leader in the converging worlds of IT and engineering, was recently named a Leader on Everest Group's US IT Contingent Workforce (Staffing) Provider Peak Matrix Assessment 2021 and Everest Group's US Contingent Workforce (Staffing) Provider PEAK Matrix Assessment 2021 .
  • Everest Group's PEAK Matrix Assessment provides an objective, data-driven, and comparative assessment of both US contingent staffing and US IT contingent staffing providers based on their market success and delivery capabilities.
  • "The company has made astute investments in its technology and in developing industry-leading learning and upskilling services for associates.
  • As a result of these aspects, Modis has emerged as a Leader in Everest Group's US IT Contingent Workforce (Staffing) Provider PEAK Matrix Assessment 2021."

Aehr Test Systems to Present at LD Micro Main Event Conference on October 12 and Discuss Expanding Silicon Carbide Test Market Opportunity for Electric Vehicles and Electrification Infrastructure

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Wednesday, October 6, 2021
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Chris Lahiji, Founder of LD Micro, stated, Aehr Test is a perfect example of what we look for when it comes to our presenting companies, managerial discipline, diligence, and disruptive technology.

Key Points: 
  • Chris Lahiji, Founder of LD Micro, stated, Aehr Test is a perfect example of what we look for when it comes to our presenting companies, managerial discipline, diligence, and disruptive technology.
  • The 2021 LD Micro Main Event will be held from Tuesday, October 12th to Thursday, October 14th.
  • Headquartered in Fremont, California, Aehr Test Systems is a worldwide provider of test systems for burning-in and testing logic, optical and memory integrated circuits and has installed over 2,500 systems worldwide.
  • For more information, please visit Aehr Test Systems website at www.aehr.com .

Greater Than shortlisted for 2021 Informa Tech Automotive Award - Automotive AI Product/Service of the Year

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Wednesday, October 6, 2021
Automotive industry, Artificial intelligence, Technology, Medical device

STOCKHOLM, Oct. 6, 2021 /PRNewswire/ -- Greater Than is thrilled that to have been shortlisted for the 2021 Informa Tech Automotive Award in the category Automotive AI Product/Service of the Year. The category recognizes an outstanding artificial intelligence technology product or service that has been utilized (directly or indirectly) by consumers automotive market between January 1, 2020, and December 31, 2020

Key Points: 
  • STOCKHOLM, Oct. 6, 2021 /PRNewswire/ -- Greater Than is thrilled that to have been shortlisted for the 2021 Informa Tech Automotive Award in the category Automotive AI Product/Service of the Year.
  • says Sten Forseke, founder of Greater Than
    At Automotive Tech Week, we love to take the opportunity to celebrate industry success.
  • That's why we host our annual Informa Tech Automotive Awards (formerly known as TU-Automotive Awards)!
  • Join the biggest companies for the Informa Tech Automotive Awards party on November 16, 2021!

Worldwide Vinyl Methyl Silicone Industry to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com

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Wednesday, October 6, 2021
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Factors such as the growing demand for Vinyl Methyl Silicone in the Automotive industry attributed to its high wear and tear strength, high flexibility, and high durability have made Vinyl Methyl Silicone a preferred choice in the industry to manufacture automotive components gaskets, seals, tubing, etc.

Key Points: 
  • Factors such as the growing demand for Vinyl Methyl Silicone in the Automotive industry attributed to its high wear and tear strength, high flexibility, and high durability have made Vinyl Methyl Silicone a preferred choice in the industry to manufacture automotive components gaskets, seals, tubing, etc.
  • The demand for Vinyl Methyl Silicone in the medical industry for wound dressing and surgical implants has been on the surge due to its excellent biocompatibility.
  • However, the fluctuations in the prices of raw materials for Vinyl Methyl Silicone manufacturing are expected to hamper Vinyl Methyl Silicone market growth in the forecasted years.
  • The Automotive Industry is a prime consumer of Vinyl Methyl Silicone globally and is expected to drive the future market.

Current Energy and Renewables Signs New Multi-Year Energy Supply Agreement with Mitsubishi Subsidiary

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Wednesday, October 6, 2021
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BETM is a wholly owned subsidiary of Diamond Generating Corporation (DGC), a wholly owned subsidiary of Mitsubishi Corporation (MC) that manages MC's power business in the Americas.

Key Points: 
  • BETM is a wholly owned subsidiary of Diamond Generating Corporation (DGC), a wholly owned subsidiary of Mitsubishi Corporation (MC) that manages MC's power business in the Americas.
  • The synergy we encountered with BETM and their entrepreneurial culture made this the perfect fit for the team at Current Energy and Renewables.
  • Current Energy and Renewables' new relationship with BETM creates long term stability and the ability to enter new markets and wholesale energy procurement relationships.
  • The Current Energy and Renewables team boasts over 40 years of experience in the international energy industry and is focused on streamlining all components of energy supply.

Global $5+ Billion Laser Marking Machine Markets to 2028

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Tuesday, October 5, 2021
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The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0%.

Key Points: 
  • The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0%.
  • Governments are implementing regulations for permanent marking on products for identification and traceability purposes across defense as well as healthcare industry.
  • Such stringent government norms across economies are expected to spur the demand for laser marking machines and systems over the forecast period.
  • Laser burns are often observed on operators working on CO2 laser engraving and marking machines.