Engineering

EQS-News: flatexDEGIRO expands Management Board and specifies financial expectations for 2022

Retrieved on: 
Saturday, December 3, 2022

Against this background flatexDEGIRO expects full year revenues 2022 to amount to approx.

Key Points: 
  • Against this background flatexDEGIRO expects full year revenues 2022 to amount to approx.
  • Furthermore, the supervisory and management board have decided to capitalize flatexDEGIRO Bank AG with additional EUR50million out of own retained funds.
  • Also effective 1 January 2023, Stephan Simmang will join the Management Board of flatexDEGIRO AG as the Groups Chief Technology Officer (CTO).
  • Furthermore, the Supervisory Board has decided that Christiane Strubel, who is heading HR at flatexDEGIRO as a General Representative since 2016, should also be appointed to the Management Board of flatexDEGIRO AG as soon as all regulatory requirements are fulfilled.

Cerium Laboratories Goes “Above and Beyond” for Texas National Guard Employee

Retrieved on: 
Saturday, December 3, 2022

Austin-based Cerium Laboratories was presented with the Above and Beyond Award from the Employer Support of the Guard and Reserve (ESGR) on November 21.

Key Points: 
  • Austin-based Cerium Laboratories was presented with the Above and Beyond Award from the Employer Support of the Guard and Reserve (ESGR) on November 21.
  • ESGR recognized Cerium for their support of Dr. Will Flanagan while away as a Texas Army National Guardsman at Army Airborne School and Operation Lone Star.
  • Cerium went Above and Beyond by maintaining Dr. (First Lieutenant) Flanagans benefits and a portion of his pay while away for his National Guard duties.
  • We owe a great deal of gratitude for the service and sacrifices of the Texas National Guard.

Power Solutions International Announces Extension to $50 Million Shareholder Loan Agreement With Weichai America

Retrieved on: 
Friday, December 2, 2022

Borrowings under the Third Shareholders Loan Agreement will incur interest at the applicable Secured Overnight Financing Rate (SOFR), plus 4.65% per annum.

Key Points: 
  • Borrowings under the Third Shareholders Loan Agreement will incur interest at the applicable Secured Overnight Financing Rate (SOFR), plus 4.65% per annum.
  • Further, if the applicable term SOFR is negative, the interest rate per annum shall be deemed as 4.65% per annum.
  • If the interest rate for any loan under the Third Shareholders Loan Agreement is lower than Weichais borrowing cost, the interest rate for such loan shall be equal to Weichais borrowing cost plus 1%.
  • Power Solutions International, Inc. (PSI) is a leader in the design, engineering and manufacture of a broad range of advanced, emission-certified engines and power systems.

CalAmp Appoints Tech Finance Veteran, Jikun Kim, as SVP and Chief Financial Officer

Retrieved on: 
Friday, December 2, 2022

Mr. Kim will serve as principal financial officer and principal accounting officer.

Key Points: 
  • Mr. Kim will serve as principal financial officer and principal accounting officer.
  • Mr. Kim currently serves as Chief Financial Officer of Momentus, Inc., a Nasdaq-listed space infrastructure company, a position he has held since September 2020.
  • Prior to Momentus, from January 2019 to September 2020, Mr. Kim served as the Chief Financial Officer at Formlabs Inc., a 3D printer company.
  • Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada.

NASA Sets Coverage of Orion's Historic Moon Mission Return, Splashdown

Retrieved on: 
Friday, December 2, 2022

NASA will provide live coverage on NASA Television, the agency's website , and the NASA app .

Key Points: 
  • NASA will provide live coverage on NASA Television, the agency's website , and the NASA app .
  • Return lunar flyby coverage will begin at 9 a.m. EST Monday, Dec. 5.
  • Live coverage as Mission Control, Houston, monitors the spacecraft's entry, descent, and splashdown off the coast of San Diego will begin at 11 a.m. Sunday, Dec. 11.
  • https://sandiegoairandspace.org/ Following the lunar flyby Dec. 5, NASA will host a 5 p.m. news conference at Johnson.

L.B. Foster Company Announces the Appointment of Janet Lee to its Board of Directors and the Retirements of Suzanne B. Rowland and Robert S. Purgason

Retrieved on: 
Friday, December 2, 2022

From 2010 to 2017, Ms. Lee was Vice President, Legal and Intellectual Property for HERE Technologies North America, a privately-held location and mapping company owned by BMW, Audi and Daimler.

Key Points: 
  • From 2010 to 2017, Ms. Lee was Vice President, Legal and Intellectual Property for HERE Technologies North America, a privately-held location and mapping company owned by BMW, Audi and Daimler.
  • Foster Chairman of the Board of Directors, commented on the appointment, The board is excited to have Janet join the company.
  • Foster Company is a global solutions provider of engineered, manufactured products and services that builds and supports infrastructure.
  • The Company cautions readers that various factors could cause the actual results of the Company to differ materially from those indicated by forward-looking statements.

ProfNet Expert Alerts for December 02, 2022

Retrieved on: 
Friday, December 2, 2022

NEW YORK, Dec. 2, 2022 /PRNewswire/ -- Below are experts from the ProfNet network who are available to discuss timely issues in your coverage area.

Key Points: 
  • Dr. Wang can speak about the research as a principal investigator at UMass Chan and the current state of the flu season.
  • "There are so many ways to teach STEM principles across a variety of subjects and across grade levels.
  • Impact severity of the different types of GHGs - how methane is the only viable solution to save humanity.
  • Solutions for today to reduce GHG while we wait for other technology to catch up.

Graco Inc. Appoints Archie C. Black to the Board of Directors

Retrieved on: 
Friday, December 2, 2022

Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Companys Board of Directors, effective February 20, 2023.

Key Points: 
  • Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Companys Board of Directors, effective February 20, 2023.
  • Prior to becoming CEO of SPS Commerce, Mr. Black was its Senior Vice President and Chief Financial Officer.
  • On behalf of our Board of Directors and management team I want to welcome Archie to Graco, said Lee R. Mitau, Gracos Chairman of the Board.
  • Archie brings to our Board unique perspectives on leveraging technology to improve business processes, outcomes and performance.

MERGE Boston Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture and Meet Compliance Requirements

Retrieved on: 
Friday, December 2, 2022

MERGE, a leading provider of Full-Service Marketing, today announced the Boston location has earned Certified status for information security by HITRUST.

Key Points: 
  • MERGE, a leading provider of Full-Service Marketing, today announced the Boston location has earned Certified status for information security by HITRUST.
  • HITRUST Risk-based, 2-year (r2) Certified status demonstrates that the agencys Boston location has met key regulations and industry-defined requirements and is appropriately managing risk.
  • This achievement places MERGE in an elite group of organizations worldwide that have earned this certification.
  • The fact that MERGE has achieved HITRUST Risk-based, 2-year Certification attests to the high quality of their information risk management and compliance program.

Michael Baker International Names Chad Menge, AIA, as Mid-Atlantic Regional Practice Lead - Aviation

Retrieved on: 
Friday, December 2, 2022

PITTSBURGH, Dec. 2, 2022 /PRNewswire/ -- Michael Baker International, a global leader in engineering, planning and consulting services, today announced that Chad Menge, AIA, has joined the firm as Mid-Atlantic Regional Practice Lead – Aviation. In this role, Mr. Menge will be responsible for leading the growth of the firm's Aviation practice within the Mid-Atlantic Region and ensuring that its technical capabilities and processes fulfill client commitments. Michael Baker's Mid-Atlantic Region includes 12 offices throughout Maryland, North Carolina, South Carolina and Virginia.

Key Points: 
  • PITTSBURGH, Dec. 2, 2022 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, today announced that Chad Menge, AIA, has joined the firm as Mid-Atlantic Regional Practice Lead Aviation.
  • Michael Baker's Mid-Atlantic Region includes 12 offices throughout Maryland, North Carolina, South Carolina and Virginia.
  • "At Michael Baker, we partner with airports including the smallest general aviation facilities to the busiest international airports in the world to solve complex infrastructure challenges and ultimately, move people and goods to their destinations swiftly and safely," said John Walsh, P.E., Mid-Atlantic Regional Director at Michael Baker International.
  • "I welcome Chad to our Aviation Practice and look forward to his leadership throughout the Mid-Atlantic region as we take on projects that enhance the passenger experience and upgrade air travel."