OTC:MIELY

Mitsubishi Electric Building Solutions to Supply Elevators and Escalators for New Capital Relocation Project in Indonesia

Retrieved on: 
Monday, February 26, 2024
Tokyo City, TKDN, Growth, Government, Java, GDP, Mitsubishi Group, Certification, Policy, Kingdom, Research, Renewable energy

TOKYO, Feb 26, 2024 - (JCN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that PT.

Key Points: 
  • TOKYO, Feb 26, 2024 - (JCN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that PT.
  • Mitsubishi Jaya Elevator and Escalator (MJEE), which is engaged in sales, manufacturing, installation, and maintenance of elevators and escalators in Indonesia, has secured a major order to supply a total of 55 units, comprising 33 elevators and 22 escalators, for the Indonesia New Capital Relocation Project (Phase 1).
  • The government has set a target date of 2045 for the complete relocation to the new capital.
  • MJEE began selling elevators and escalators in Indonesia in 1996, and has since established itself as a market leader in the country.

Mitsubishi Electric Selects BlackBerry to Power its New In-Vehicle System

Retrieved on: 
Tuesday, September 26, 2023
BlackBerry Limited, Engineering, Corporate development, Original equipment manufacturer, Privacy, IVY, BlackBerry, OMS, Corporation, TSX, Blackberry, Mitsubishi Electric, Health, SVP, Somnolence, Mitsubishi Electric United States, BB, Cognitive load, NYSE, Safety, DMS, Satellite navigation device, Mobile phone, Online shopping

TOKYO and WATERLOO, ON, Sept. 26, 2023 /PRNewswire/ -- Mitsubishi Electric (TOKYO: 6503) and BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Mitsubishi Electric's new automotive in-cabin system, Mitsubishi Electric FLEXConnect™, will be powered by BlackBerry IVY®, an edge-to-cloud vehicle data platform. The collaboration will help advance road safety by leveraging an array of sensor data to anticipate safety risks, reduce driver distractions, highlight potential driving hazards, and enable new consumer experiences.

Key Points: 
  • TOKYO and WATERLOO, ON, Sept. 26, 2023 /PRNewswire/ -- Mitsubishi Electric (TOKYO: 6503) and BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Mitsubishi Electric's new automotive in-cabin system, Mitsubishi Electric FLEXConnect™, will be powered by BlackBerry IVY®, an edge-to-cloud vehicle data platform.
  • "We are delighted that Mitsubishi Electric has selected BlackBerry to power its new in-vehicle system," said Vito Giallorenzo, SVP General Manager of IVY and Head of Corporate Development at Blackberry.
  • "By leveraging BlackBerry IVY as a key component of its FLEXConnect™ platform, Mitsubishi Electric raises the bar for in-cabin experiences and helps improve road safety.
  • The Mitsubishi Electric FLEXConnect™ platform core is its driver monitoring system (DMS) and occupant monitoring system (OMS).

Mitsubishi Electric's Swedish Subsidiary Signs Share Transfer Agreement to Wholly Acquire Norwegian Elevator Distributor UNIHEIS

Retrieved on: 
Friday, April 28, 2023
Mitsubishi Electric, Maintenance, Ageing, Acquisition, Mitsubishi Electric United States, Renewable energy

TOKYO, Apr 28, 2023 - (JCN Newswire) - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Motum AB, a Sweden-based wholly-owned subsidiary of Mitsubishi Electric, formally agreed on April 27 to wholly acquire Norway-based UNIHEIS AS, which operates an elevator business mainly in Norway as a distributor of Mitsubishi Electric products.

Key Points: 
  • TOKYO, Apr 28, 2023 - (JCN Newswire) - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Motum AB, a Sweden-based wholly-owned subsidiary of Mitsubishi Electric, formally agreed on April 27 to wholly acquire Norway-based UNIHEIS AS, which operates an elevator business mainly in Norway as a distributor of Mitsubishi Electric products.
  • Mitsubishi Electric and Mitsubishi Electric Building Solutions Corporation (MEBS), which is responsible for Mitsubishi Electric's building systems business, aim to expand their business in the European market, where the demand for maintenance and renewal of elevators and escalators is expected to increase.
  • Mitsubishi Electric identified the building systems business as one of its key growth areas in its medium-term growth plan through 2025.
  • Mitsubishi Electric and MEBS will expand their business with Motum by gaining and making optimal use of UNIHEIS's assets and expertise in installation, sales and maintenance of Mitsubishi Electric elevators.

Mitsubishi Electric and Astroscale to Develop and Produce Satellite Buses

Retrieved on: 
Monday, February 27, 2023
Mitsubishi Electric, Safety, Spacecraft, Astroscale

TOKYO, Feb. 26, 2023 /PRNewswire/ -- Mitsubishi Electric Corporation, a leading defense and space company, and Astroscale Holdings Inc., the market leader in satellite servicing and long-term sustainability across all orbits, announced today that Mitsubishi Electric has invested U.S. $25 million in Astroscale's Series G funding round.

Key Points: 
  • TOKYO, Feb. 26, 2023 /PRNewswire/ -- Mitsubishi Electric Corporation, a leading defense and space company, and Astroscale Holdings Inc., the market leader in satellite servicing and long-term sustainability across all orbits, announced today that Mitsubishi Electric has invested U.S. $25 million in Astroscale's Series G funding round.
  • Separate from the investment, the companies have agreed to collaborate in the joint development and manufacturing of sustainably designed satellite buses for Japanese national security constellations.
  • The satellite buses will be equipped with an Astroscale docking plate, similar to a car tow hook, with a standardized interface.
  • We are proud to partner with Mitsubishi Electric to assure that our orbital environment remains safe, secure and sustainable, and that more objects operating in space are designed for future servicing and removal."