Equipment

AXA XL's U.S. Mid-Market insurance business rolls out XL Plus, a GL broadening endorsement for mid-size businesses

Retrieved on: 
Monday, February 26, 2024

BOSTON , Feb. 26, 2024 /PRNewswire/ -- AXA XL's U.S. Mid-Market insurance business is extending its general liability coverage for mid-size businesses with its new XL Plus broadening endorsement offering more than two dozen expanded protections.

Key Points: 
  • BOSTON , Feb. 26, 2024 /PRNewswire/ -- AXA XL's U.S. Mid-Market insurance business is extending its general liability coverage for mid-size businesses with its new XL Plus broadening endorsement offering more than two dozen expanded protections.
  • According to Chris Fallon, Head of U.S. Mid-Market Product & Analytics, "Unexpected events –an on-site injury, a contract dispute, a costly lawsuit - impact businesses of all sizes.
  • That's why we are continuously reviewing our coverage to ensure it adequately addresses the constantly evolving risks our mid-size clients are facing.
  • The team currently underwrites private equity and general industry insurance business and is building a dedicated underwriting team to address mid-size construction businesses' insurance needs.

Trinity Capital Inc. Provides $120 Million Equipment Financing to Rocket Lab

Retrieved on: 
Tuesday, February 20, 2024

PHOENIX, Feb. 20, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $120 million in equipment financing to Rocket Lab USA, Inc. (NASDAQ: RKLB) ("Rocket Lab"), a leading provider of space launch services and advanced satellite technology.

Key Points: 
  • PHOENIX, Feb. 20, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $120 million in equipment financing to Rocket Lab USA, Inc. (NASDAQ: RKLB) ("Rocket Lab"), a leading provider of space launch services and advanced satellite technology.
  • Based in Long Beach, California, Rocket Lab is an end-to-end space company that provides launch services, satellite manufacturing, spacecraft components, and on-orbit management solutions.
  • "Rocket Lab is not only delivering reliable launch services but is also driving innovation for satellite component manufacturing and software in the aerospace industry," said Cory Cramer, Director of Equipment Financing at Trinity.
  • The new debt facility from Trinity will be used to fuel Rocket Lab's expansion plans by financing additional manufacturing capacity, testing equipment, and R&D.

Global Satellite Communication (SATCOM) Equipment Business Report 2024: Market to Reach $42.6 Billion by 2030 - LEO Orbit Segment Accelerating Growth

Retrieved on: 
Tuesday, February 20, 2024

DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Satellite Communication (SATCOM) Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Satellite Communication (SATCOM) Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Satellite Communication (SATCOM) Equipment estimated at US$19.7 Billion in the year 2022, is projected to reach a revised size of US$42.6 Billion by 2030, growing at a CAGR of 10.1% over the analysis period 2022-2030.
  • LEO Orbit, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$35.9 Billion by the end of the analysis period.
  • Growth in the Meo / Geo Orbit segment is estimated at 9.8% CAGR for the next 8-year period.

Kohler's Ongoing Commitment to Sustainability in 2024 Unveiled

Retrieved on: 
Tuesday, February 20, 2024

"Our strengthened collaboration with ICA reaffirms our commitment to sustainability and actively participating in the conversation alongside our peers."

Key Points: 
  • "Our strengthened collaboration with ICA reaffirms our commitment to sustainability and actively participating in the conversation alongside our peers."
  • ICA's focus on carbon reduction in digital infrastructure aligns perfectly with Kohler's long-term sustainability goals.
  • "Kohler's unwavering commitment to sustainability and reduction of environmental impacts strategically aligns with the ICA's goals of decarbonizing digital infrastructure," said Miranda G. Gardiner , Executive Director, iMasons Climate Accord.
  • Kohler's commitment to sustainability in product design and company culture is unwavering.

Kohler's Ongoing Commitment to Sustainability in 2024 Unveiled

Retrieved on: 
Tuesday, February 20, 2024

"Our strengthened collaboration with ICA reaffirms our commitment to sustainability and actively participating in the conversation alongside our peers."

Key Points: 
  • "Our strengthened collaboration with ICA reaffirms our commitment to sustainability and actively participating in the conversation alongside our peers."
  • ICA's focus on carbon reduction in digital infrastructure aligns perfectly with Kohler's long-term sustainability goals.
  • "Kohler's unwavering commitment to sustainability and reduction of environmental impacts strategically aligns with the ICA's goals of decarbonizing digital infrastructure," said Miranda G. Gardiner , Executive Director, iMasons Climate Accord.
  • Kohler's commitment to sustainability in product design and company culture is unwavering.

Electrifying the Future: USA EV and EV Charging Market to Surge to $1 Trillion by 2026: Ken Research

Retrieved on: 
Thursday, February 15, 2024

The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.

Key Points: 
  • The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.
  • Ken Research's " USA EV and EV Charging Equipment Market " report predicts a staggering 74.7% CAGR, propelling the market size to a colossal $1 trillion by 2026.
  • Beyond simply offering cleaner transportation options, the US EV and EV charging market plays a crucial role in reducing carbon emissions, combating climate change, and fostering energy independence.
  • The USA EV and EV charging market stands on the precipice of an electrifying transformation, driven by a confluence of environmental concerns, technological advancements, and government support.

Electrifying the Future: USA EV and EV Charging Market to Surge to $1 Trillion by 2026: Ken Research

Retrieved on: 
Thursday, February 15, 2024

The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.

Key Points: 
  • The electric vehicle (EV) revolution is gaining momentum, and the USA EV and EV charging equipment market is poised for an electrifying journey.
  • Ken Research's " USA EV and EV Charging Equipment Market " report predicts a staggering 74.7% CAGR, propelling the market size to a colossal $1 trillion by 2026.
  • Beyond simply offering cleaner transportation options, the US EV and EV charging market plays a crucial role in reducing carbon emissions, combating climate change, and fostering energy independence.
  • The USA EV and EV charging market stands on the precipice of an electrifying transformation, driven by a confluence of environmental concerns, technological advancements, and government support.

YETI Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Thursday, February 15, 2024

YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.

Key Points: 
  • YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.
  • The recall reserves favorably impacted sales by $2.8 million in the fourth quarter of 2023 and unfavorably impacted sales by $38.4 million in the prior year quarter.
  • Sales and adjusted sales for the fourth quarter of 2023 include $6.5 million of sales related to gift card redemptions in connection with recall remedies.
  • The recall reserves favorably impacted gross profit by $4.1 million in the fourth quarter of 2023 and unfavorably impacted gross profit by $97.0 million in the prior year quarter.

Interposer and Fan-out Wafer Level Packaging Market worth $63.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 8, 2024

By Packaging Component & Design, Device, Industry and Region

Key Points: 
  • By Packaging Component & Design, Device, Industry and Region
    Based on packaging component & design Interposer and Fan-out Wafer Level Packaging market for Interposers to hold the highest market share during the forecast period.
  • Interposer and FOWLP market for the 2.5D packaging segment by packaging type to exhibit the highest market share during the forecast period.
  • Interposer and FOWLP market for memory devices to hold high market share during the forecast period.
  • Interposer and FOWLP market for North America region to hold the second largest share during the forecast period.

Interposer and Fan-out Wafer Level Packaging Market worth $63.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 8, 2024

By Packaging Component & Design, Device, Industry and Region

Key Points: 
  • By Packaging Component & Design, Device, Industry and Region
    Based on packaging component & design Interposer and Fan-out Wafer Level Packaging market for Interposers to hold the highest market share during the forecast period.
  • Interposer and FOWLP market for the 2.5D packaging segment by packaging type to exhibit the highest market share during the forecast period.
  • Interposer and FOWLP market for memory devices to hold high market share during the forecast period.
  • Interposer and FOWLP market for North America region to hold the second largest share during the forecast period.