Powerco

QuantumScape Appoints Dr. Siva Sivaram as CEO to Lead Next Phase of Growth

Retrieved on: 
Wednesday, February 14, 2024

Co-founder and CEO Jagdeep Singh will continue to serve as Chairman of the Board of Directors.

Key Points: 
  • Co-founder and CEO Jagdeep Singh will continue to serve as Chairman of the Board of Directors.
  • Dr. Sivaram, a semiconductor and data storage industry veteran, joined QuantumScape as President in September 2023.
  • Over the last year, the company achieved several important milestones that set the foundation for future growth.
  • “We thank Jagdeep for his tremendous leadership from the founding of QuantumScape through all the industry-leading achievements during his tenure as the CEO.

EQS-News: IBU-tec launches IBUvolt 402, a new European LFP battery product with a CO2 footprint approximately 40% lower than market average and provides updates on advances in the battery sector

Retrieved on: 
Tuesday, January 30, 2024

There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.

Key Points: 
  • There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.
  • IBUvolt 402 is a European LFP material with a CO2 footprint that is approximately 40% lower than the market average, currently dominated by Chinese suppliers.
  • IBUvolt 402 is an excellent addition to the existing LFP battery materials IBUvolt 400 and IBUvolt 200.
  • Many customers have already expressed interest in a low CO2 footprint European LFP battery material to IBU-tec, even before its launch.

Actility Raises $17.3 Million to Lead Low-Power IoT Market Surge and Drive Sector Consolidation

Retrieved on: 
Thursday, December 7, 2023

AI cannot operate without data, and our technology anchors AI to the real world across numerous industries," affirms Olivier HERSENT, founder and CEO of Actility.

Key Points: 
  • AI cannot operate without data, and our technology anchors AI to the real world across numerous industries," affirms Olivier HERSENT, founder and CEO of Actility.
  • This funding comes amid a strong market recovery for IoT and a strategic expansion of the company to serve the enterprise market.
  • Actility sets the pace in the LPWAN market, connecting upwards of 4 million devices and overseeing ThingPark-operated LPWAN networks with in excess of 40,000 base stations.
  • By making IoT ubiquitous, Actility aims to digitize industries globally, fostering efficiency, safety, and environmental stewardship for our planet's future.

EQS-News: IBU-tec advanced materials AG: Over 300 attendees at CAR Battery Day with CATL and IBU-tec in Weimar

Retrieved on: 
Thursday, September 28, 2023

IBU-tec and CATL, as special partners, warmly received high-profile guests during factory tours, providing an exclusive glimpse into battery production

Key Points: 
  • IBU-tec and CATL, as special partners, warmly received high-profile guests during factory tours, providing an exclusive glimpse into battery production
    Weimar, 28 September 2023 – IBU-tec advanced materials AG (“IBU-tec”, ISIN: DE000A0XYHT5) showcased their innovative LFP battery material to over 300 distinguished battery industry experts at the CAR Battery Day in Weimar.
  • IBU-tec showcased its extensive expertise in the development and production of LFP battery materials to a global audience.
  • As a special partner alongside CATL, IBU-tec offered valuable insights into the LFP manufacturing process at its headquarters in Weimar.
  • Jörg Leinenbach, CEO of IBU-tec: “The CAR Battery Day was a success and afforded us the chance to demonstrate our expertise in battery materials to international experts.

LoRaWAN® Live! Tokyo Event to Showcase How LoRaWAN is Solving Challenges in the Buildings, Retail, Cities, Industry, Manufacturing, Agriculture, and Utilities Markets in Asia

Retrieved on: 
Monday, August 21, 2023

Fremont, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- The LoRa Alliance®, the global association of companies backing the open LoRaWAN® standard for the internet of things (IoT) low-power wide-area networks (LPWANs), today announced the program for the upcoming LoRaWAN Live! Tokyo. The event will focus on sharing LoRaWAN solutions for critical global challenges, including food supply, manufacturing automation, safe work environments, sustainability, resource conservation, and business optimization. Additionally, leading LoRaWAN experts will address technical topics including the value of certification and becoming a LoRaWAN Accredited Professional, regulatory compliance and RF regulations, and how to develop end-to-end solutions.

Key Points: 
  • The event will focus on sharing LoRaWAN solutions for critical global challenges, including food supply, manufacturing automation, safe work environments, sustainability, resource conservation, and business optimization.
  • “We’re bringing a strong, solutions-based program to Tokyo this October to help drive LoRaWAN business and support the global LoRaWAN community as it works to solve some of the planet’s most pressing challenges.
  • I also want to personally thank the LoRa Alliance member companies who are sponsoring the event, Browan Communications , Kiwi Technology , MultiTech , RAKwireless , Semtech , STMicroelectronics , and Yokogawa .”
    LoRaWAN Live!
  • The event features a dynamic program that will address how LoRaWAN is transforming the buildings, retail, cities, industry, manufacturing, agriculture, and utilities markets in Asia and around the world.

Royal Gold Announces Commitment to Acquire Gold/Platinum/Palladium and Copper/Nickel Royalties on Producing Serrote and Santa Rita Mines in Brazil

Retrieved on: 
Monday, June 12, 2023

The royalty interests consist of a gold royalty on the Serrote mine, a gold, platinum and palladium royalty on the Santa Rita mine, and a copper and nickel royalty on both the Serrote and Santa Rita mines (collectively, the “Royalties”).

Key Points: 
  • The royalty interests consist of a gold royalty on the Serrote mine, a gold, platinum and palladium royalty on the Santa Rita mine, and a copper and nickel royalty on both the Serrote and Santa Rita mines (collectively, the “Royalties”).
  • “I am pleased to announce this proposed acquisition of royalties on two attractive producing mines,” commented Bill Heissenbuttel, President and CEO of Royal Gold.
  • At the Santa Rita mine, an underground expansion project could provide a 27-year extension to the mine life.
  • The royalties will be effective as of May 1, 2023, and revenue to Royal Gold will be accrued from that date.

Government EV investment necessary to secure jobs and prosperous future

Retrieved on: 
Friday, April 21, 2023

TORONTO, April 21, 2023 /CNW/ - Government investment in the clean economy, including electric vehicle production, is necessary to secure good paying jobs and a prosperous future for Canada's auto sector says Unifor.

Key Points: 
  • TORONTO, April 21, 2023 /CNW/ - Government investment in the clean economy, including electric vehicle production, is necessary to secure good paying jobs and a prosperous future for Canada's auto sector says Unifor.
  • "The federal government's latest investment shows that Canada is willing to put money and vision into a bold industrial strategy.
  • Securing the VW battery plant is a historic win but it's vital that workers share in this investment with good paying union jobs."
  • The Ontario government has committed $500 million in direct incentives to the company in addition to funds to support local infrastructure.

President of Germany Frank-Walter Steinmeier to visit Canada

Retrieved on: 
Thursday, April 20, 2023

OTTAWA, ON, April 20, 2023 /CNW/ - The Prime Minister, Justin Trudeau, today announced that the President of Germany, Frank-Walter Steinmeier, will visit Canada from April 23 to 26, 2023.

Key Points: 
  • OTTAWA, ON, April 20, 2023 /CNW/ - The Prime Minister, Justin Trudeau, today announced that the President of Germany, Frank-Walter Steinmeier, will visit Canada from April 23 to 26, 2023.
  • During their visit, the President and Mrs. Büdenbender will visit Ottawa, Ontario, Vancouver, British Columbia, and Yellowknife and Tuktoyaktuk, Northwest Territories.
  • This visit will build on the progress made during last year's visit from Chancellor of Germany, Olaf Scholz, to strengthen the close relationship between Canada and Germany in areas including our support for Ukraine and advancing clean energy.
  • The visit of President Steinmeier follows the visits of the Prime Minister Trudeau and Chancellor Scholz to Germany and Canada respectively in 2022.

Minister Wilkinson Marks Progress in Supplying Germany With Clean, Reliable Energy

Retrieved on: 
Thursday, March 30, 2023

The Honourable Jonathan Wilkinson, Minister of Natural Resources, brought this message to the Berlin Energy Transition Dialogue (BETD) this week in Berlin, Germany.

Key Points: 
  • The Honourable Jonathan Wilkinson, Minister of Natural Resources, brought this message to the Berlin Energy Transition Dialogue (BETD) this week in Berlin, Germany.
  • Minister Wilkinson was joined by a Canadian trade mission featuring more than 15 Canadian companies, organizations, Indigenous communities and representatives seeking to pursue commercial opportunities in clean energy.
  • During the three-day mission, Minister Wilkinson pursued three objectives in pursuit of this generational economic opportunity for Canada.
  • In November 2022, Minister Wilkinson announced up to $800 million in project funding to advance Canada's clean fuels sector.

QMC Supports Canada-U.S. Critical Minerals Supply Chain

Retrieved on: 
Thursday, March 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - QMC Quantum Minerals Corp., (TSXV: QMC) (FSE: 3LQ) (OTC Pink: QMCQF) ("QMC" or "the Company") is encouraged by the recently announced 2023 Canadian Federal Budget ("Federal Budget") and its endorsement of investment in the green economy.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 30, 2023) - QMC Quantum Minerals Corp., (TSXV: QMC) (FSE: 3LQ) (OTC Pink: QMCQF) ("QMC" or "the Company") is encouraged by the recently announced 2023 Canadian Federal Budget ("Federal Budget") and its endorsement of investment in the green economy.
  • The Federal Budget builds on last week's meeting between Canadian Prime Minister Justin Trudeau and United States President Joe Biden, reaffirming that Canada and the United States will work together to create a strong, environmentally responsible, and resilient North American critical mineral supply chain.
  • Through the Canadian Critical Minerals Infrastructure Fund, CAD $1.5 billion will be made available to support clean energy and transportation infrastructure projects necessary to accelerate critical minerals production.
  • Our Irgon Lithium Mine project will be an important part of Canada's critical mineral supply chain."