Airport

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Retrieved on: 
Tuesday, April 2, 2024

It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.

Key Points: 
  • It said: “The Hybrid Aircraft Industry is driven by factors such as increasing demand for short haul range connectivity, technological convergence and increasing demand for alternate modes of transportation.
  • Hybrid aircraft offer the advantage of reduced emissions and lower noise levels, making them more environmentally friendly.
  • Hybrid aircraft, particularly those with electric propulsion, produce less noise during takeoff and flight, making them more suitable for operating in noise-sensitive regions.
  • Hybrid aircraft can offer flexible and economically viable solutions for regional air travel, supporting regional connectivity and economic development.

REGENESIS Launches SourceStop®, Completing World’s First Full-Spectrum In Situ PFAS Remediation Suite

Retrieved on: 
Tuesday, April 2, 2024

In recent years, eliminating PFAS exposure risk has become a global priority, prompting new regulations that aim to safeguard public health and the environment.

Key Points: 
  • In recent years, eliminating PFAS exposure risk has become a global priority, prompting new regulations that aim to safeguard public health and the environment.
  • REGENESIS has been treating a wide range of contaminants – including chlorinated solvents, petroleum hydrocarbons, and PFAS – in soil and groundwater for three decades.
  • Pairing these solutions unlocks the world’s first end-to-end, in situ PFAS remediation approach.
  • For more information about how SourceStop effectively addresses PFAS, please visit www.pfastreatment.org or reach out to your regional technical representative.

Actelis Networks Reports Fiscal Full Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024

FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023.

Key Points: 
  • FREMONT, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, hybrid-fiber rapid deployment networking solutions for wide area IoT applications, today reported financial results for the fiscal full year 2023 ended December 31, 2023.
  • Direct margin increase: Gross Margin was 34% for the full year 2023, compared to 47% in the prior year.
  • Substantial improvement in operating expenses: Operating expenses declined by 9% to $9.3 million for the full year 2023.
  • Fiscal Full Year 2023 Financial Highlights:
    Revenues for the year ended December 31, 2023 amounted to $5.6 million, compared to $8.8 million for the year ended December 31, 2022.

GACA: GLOBAL AVIATION LEADERS TO ADDRESS AVIATION CHALLENGES AND OPPORTUNITIES AT 2024 FUTURE AVIATION FORUM IN RIYADH, MAY 20-22

Retrieved on: 
Tuesday, April 9, 2024

FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.

Key Points: 
  • FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.
  • RIYADH, Kingdom of Saudi Arabia, April 9, 2024 /PRNewswire/ -- The Future Aviation Forum (FAF) returns to Riyadh from 20-22 May 2024, bringing together 5,000 experts and aviation leaders from over 100 countries, including ministers, regulators, manufacturers, airlines, and airports.
  • His Excellency the President of GACA, Abdulaziz-Al Duailej, said:
    "The 2024 Future Aviation Forum will once again unite global aviation leaders to solve aviation's biggest challenges, including manufacturing supply chain issues, capacity constraints and the development of human capital across the world.
  • The Forum will also progress the Saudi Aviation Strategy's (SAS) transformation of the Kingdom into the Middle East's leading aviation hub.

GACA: GLOBAL AVIATION LEADERS TO ADDRESS AVIATION CHALLENGES AND OPPORTUNITIES AT 2024 FUTURE AVIATION FORUM IN RIYADH, MAY 20-22

Retrieved on: 
Tuesday, April 9, 2024

FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.

Key Points: 
  • FAF24 will propose a plan to solve aviation's biggest challenge, and feature awards recognizing achievements and innovations in global aviation.
  • RIYADH, Kingdom of Saudi Arabia, April 9, 2024 /PRNewswire/ -- The Future Aviation Forum (FAF) returns to Riyadh from 20-22 May 2024, bringing together 5,000 experts and aviation leaders from over 100 countries, including ministers, regulators, manufacturers, airlines, and airports.
  • His Excellency the President of GACA, Abdulaziz-Al Duailej, said:
    "The 2024 Future Aviation Forum will once again unite global aviation leaders to solve aviation's biggest challenges, including manufacturing supply chain issues, capacity constraints and the development of human capital across the world.
  • The Forum will also progress the Saudi Aviation Strategy's (SAS) transformation of the Kingdom into the Middle East's leading aviation hub.

UK social impact startup Waymap successfully closes funding round led by TELUS for its indoor navigation technology

Retrieved on: 
Tuesday, April 9, 2024

In modern cities, navigation apps play a crucial role; however, they don't work for everyone.

Key Points: 
  • In modern cities, navigation apps play a crucial role; however, they don't work for everyone.
  • Higher accuracy indoor and outdoor navigation also benefits everyone, drastically improving efficiency as commuters move around the built environment.
  • CEO and Founder Dr. Tom Pey, who is also blind, comments, "Waymap has set itself the goal of revolutionising how everyone accesses the world.
  • With the investment from the TELUS Pollinator Fund, the company also plans to continue investing in its leading 'sensor-fusion based' indoor localisation technology.

New Growth in the 5G Millimeter Wave Market

Retrieved on: 
Monday, April 8, 2024

CAMPBELL, Calif., April 8, 2024 /PRNewswire/ -- Mobile Experts released a new report today, highlighting the use cases and product types that are starting to spark new growth in the 5G millimeter-wave telecom market. The past four years have been a difficult time in millimeter-wave technology, but Mobile Experts has been able to identify the bottom-up growth associated with fixed wireless access (FWA), high-density venues (stadiums and airports), private 5G, and transportation applications (metro lines and trains).  

Key Points: 
  • CAMPBELL, Calif., April 8, 2024 /PRNewswire/ -- Mobile Experts released a new report today, highlighting the use cases and product types that are starting to spark new growth in the 5G millimeter-wave telecom market.
  • This has given the analysts a basis for understanding the growth drivers behind millimeter wave networks.
  • "As a result, for the past three years the mm-Wave market has been reset to focus on very specific applications.
  • The use of Open RAN in the mm-wave market is covered, as well as profiles of many companies in the market.

Freddy's Frozen Custard & Steakburgers Opens Second Airport Location

Retrieved on: 
Friday, April 5, 2024

WICHITA, Kan., April 5, 2024 /PRNewswire/ -- Fast-casual restaurant concept Freddy's announced today the opening of its newest location in Gerald R. Ford International Airport (GRR) in Grand Rapids, MI, adding to its existing four restaurants in the market. Owned and operated by leading North American travel retailer Paradies Lagardère, the GRR opening marks Freddy's second airport location, having debuted their first airport unit in Oklahoma City in 2022. In addition to this opening, Freddy's plans to open a location in the Salt Lake City International Airport by year-end and is continuing to identify growth opportunities in non-traditional spaces, including stadiums, college campuses, malls and casinos.

Key Points: 
  • Owned and operated by leading North American travel retailer Paradies Lagardère, the GRR opening marks Freddy's second airport location, having debuted their first airport unit in Oklahoma City in 2022.
  • In addition to this opening, Freddy's plans to open a location in the Salt Lake City International Airport by year-end and is continuing to identify growth opportunities in non-traditional spaces, including stadiums, college campuses, malls and casinos.
  • The GRR opening marks Freddy's second airport location, having debuted their first airport unit in Oklahoma City in 2022
    "At Freddy's, we understand the importance of adaptability and innovation in an ever-evolving landscape.
  • In addition to Freddy's beloved steakburgers and frozen custard, guests of the new Gerald R. Ford International Airport location will have the opportunity to try the brand's breakfast menu, including the Breakfast Steakburger, Breakfast Bowl and Breakfast Burrito, only available in airports and select non-traditional locations.

Astrotech Introduces the “Gold Standard” of Mass Spectrometry into Narcotics Detection Market with its State-of-the-Art Tracer 1000

Retrieved on: 
Monday, March 25, 2024

The TRACER 1000 NTD is a high-performance laboratory instrument capable of rapid detection of trace levels of narcotic compounds in seconds.

Key Points: 
  • The TRACER 1000 NTD is a high-performance laboratory instrument capable of rapid detection of trace levels of narcotic compounds in seconds.
  • Currently, the Company’s Tracer 1000 Explosive Trace Detector (ETD) is now found in multiple locations in 14 countries throughout the world.
  • The Astrotech Mass Spectrometer Technology™ (AMS Technology) drives the breakthrough TRACER 1000, as the first certified ETD to employ mass spectrometry as a trace detection security solution.
  • The TRACER 1000 is the only mass spectrometry-based ETD to have received European Civil Aviation Conference certification for both checkpoint and cargo security.

Today’s Marketplace Addresses Growing 5G Connectivity Demands and Importance of Network Security

Retrieved on: 
Monday, March 25, 2024

In this world of smartphones, smartwatches, autonomous vehicles, smart homes, and even RFID (radio frequency identification) enabled clothing – IoT may have finally arrived.

Key Points: 
  • In this world of smartphones, smartwatches, autonomous vehicles, smart homes, and even RFID (radio frequency identification) enabled clothing – IoT may have finally arrived.
  • However, the digital economy has generated a higher demand for bandwidth and network security than initially predicted.
  • By leveraging cutting-edge 5G, Wi-Fi and security technologies, Boingo enables organizations to stay ahead of the curve, meet connectivity demands and capitalize on opportunities presented in the 5G era.”
    Anthony Hendrickson, Ph.D. addresses the need for students to stay current with evolving technology.
  • These interviews are syndicated across the financial news media landscape targeting investors, journalists, financial professionals, and interested viewers.