Other Transport

Hafnia Limited – Increase in Quarterly Dividend Payout Ratio

Retrieved on: 
星期二, 四月 9, 2024
Other Transport, Maritime, Other Energy, Transport, Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Logistics, Supply Chain Management, Disclosure, Policy, Security (finance), BW Group, Investment

"The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.

Key Points: 
  • "The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.
  • Hafnia remains committed to delivering strong shareholder value to its shareholders while safeguarding financial stability.
  • This stock exchange announcement was published by Charleston Lim of Hafnia Limited, on 9 April 2024 at 05:30 CEST.
  • Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

Neuron Launches Network APIs to Enable Application-Driven QoE On Demand for the Maritime Industry

Retrieved on: 
星期二, 四月 9, 2024
Satellite, Other Health, Technology, Managed Care, Travel, Other Transport, Artificial Intelligence, Maritime, Transport, Telecommunications, Software, Cruise, Networks, Health, Mobile, Wireless, Communication, LTE, Wi-Fi, Sunday Night Football, Partnership, Stethoscope, AI, IPTV, Video on demand, Data-rate units, SRL Diagnostics, API, Safety, Machine learning, QOS, Mobile phone

Neuron , a QoE management platform for things that move, announced today that it’s making its network APIs available to maritime solution providers and app developers to enable application-driven quality of experience (QoE) on demand.

Key Points: 
  • Neuron , a QoE management platform for things that move, announced today that it’s making its network APIs available to maritime solution providers and app developers to enable application-driven quality of experience (QoE) on demand.
  • Neuron Network APIs Enable Multi-Provider, AI-Powered Connectivity Orchestration
    With Neuron’s network APIs, maritime solution providers and app developers can connect their apps directly to Neuron’s AI-powered network management solution, Neuron Grid, to programmatically request QoE on demand.
  • “Because Neuron enables multi-provider access with AI-powered network management, we are uniquely positioned to facilitate application-driven QoE on demand for the maritime industry.
  • Neuron is committed to working with additional partners to explore new ways to use its network APIs for a diverse range of use cases.

Arcosa, Inc. Announces Completion of Ameron Acquisition

Retrieved on: 
星期二, 四月 9, 2024
Other Transport, Other Manufacturing, Public Transport, Technology, Steel, Engineering, Transport, Telecommunications, Manufacturing, Growth, Weil, Gotshal & Manges, IA Financial Group, Acquisition, Adjustment, GAAP, Lighting, ACA

With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.

Key Points: 
  • With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.
  • For the year ended December 31, 2023, Ameron had revenues of approximately $94 million and Adjusted EBITDA of approximately $20 million.
  • The acquisition was funded with a combination of cash on-hand and $160 million of borrowings from our revolving credit facility.
  • This transaction accelerates the long-term growth profile of our Engineered Structures segment, while underscoring our disciplined acquisition strategy.

Fueltrax Adds Vessel Support and Operational Services Center in Kuala Lumpur

Retrieved on: 
星期二, 四月 9, 2024
Oil, Gas, Data Management, Energy, Satellite, Technology, Audio, Video, Other Transport, Maritime, Transport, Other Technology, Telecommunications, Software, Logistics, Supply Chain Management, Networks, Other Energy, Mobile, Wireless, Combat support, Mission control center, Health, Multimedia, NASA, DeLeon, Environment, Tunnel

Fueltrax , the leader in global Electronic Fuel Management Systems (EFMS) has opened a Vessel Operations Center in Kuala Lumpur, Malaysia.

Key Points: 
  • Fueltrax , the leader in global Electronic Fuel Management Systems (EFMS) has opened a Vessel Operations Center in Kuala Lumpur, Malaysia.
  • View the full release here: https://www.businesswire.com/news/home/20240409369910/en/
    The Fueltrax ops center is modeled after the NASA center.
  • It allows Fueltrax to provide continuous monitoring and support to vessel operators in the Asia-Pacific region.
  • “This new vessel operations center ensures that vessels anywhere in the world can maintain access to top-tier support from highly skilled professional mariners.”

H.I.G. Capital Completes Acquisition of Segers 

Retrieved on: 
星期二, 四月 9, 2024
Aerospace, Manufacturing, Professional Services, Other Transport, Transport, Other Manufacturing, Asset Management, Military, Defense, Engineering, Finance, Growth, Segers, MRO, Honeywell, Acquisition, H.I.G. Capital, Fairhope, Alabama, OEM, Investment, C-130, Safety, Aircraft

"), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation (“Segers” or the “Company”).

Key Points: 
  • "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation (“Segers” or the “Company”).
  • Segers provides essential maintenance, repair, and overhaul (“MRO”) services on mission-critical military platforms.
  • Segers, headquartered in Fairhope, AL, was founded in 1976 and is led by a team of industry veterans with deep MRO experience.
  • Given our reputation for safety and providing the highest quality services, our customers are increasingly turning to Segers to meet their needs.

Cadmus Awarded $27 Million Contract to Launch U.S. Department of Transportation Reconnecting Communities Institute

Retrieved on: 
星期二, 四月 9, 2024
Public Transport, Other Transport, Consulting, Transport, Professional Services, Public Policy, Government, Business, White House, Federal Government, State, Local, Other Professional Services, RCN, DOT, Employment, Learning, Health, Data analysis, Partnership, Education, Associate, Private sector, Engineering, Investment, Center for Neighborhood Technology, RCI, Renewable energy

Cadmus, a leading provider of technical and strategic expertise to governments, energy utilities, and private sector companies worldwide, has been awarded up to $27 million to establish and administer the U.S. Department of Transportation’s (DOT) Reconnecting Communities Institute (RCI).

Key Points: 
  • Cadmus, a leading provider of technical and strategic expertise to governments, energy utilities, and private sector companies worldwide, has been awarded up to $27 million to establish and administer the U.S. Department of Transportation’s (DOT) Reconnecting Communities Institute (RCI).
  • The contract, managed by the Build America Bureau (Bureau), underscores Cadmus' extensive experience in delivering place-based technical assistance and transportation solutions to federal, state, and local government clients.
  • Under this contract, the RCI will serve as the Bureau’s center for learning and capacity building, empowering communities to develop and execute reconnection projects.
  • With the recent contract award, Cadmus and its partners are working to rapidly stand up the RCI, which will fully launch later this year.

TrustPoint Announces AFWERX Phase II Contract Award

Retrieved on: 
星期二, 四月 9, 2024
Telecommunications, Other Defense, General Automotive, Contracts, Hardware, Semiconductor, Government Technology, Security, Technology, Satellite, Military, Professional Services, Logistics, Supply Chain Management, Drones, Mobile, Wireless, Defense, IOT (Internet of Things), Small Business, Homeland Security, Aerospace, Other Transport, Manufacturing, Public Policy, Government, Maritime, Air, Automotive, Transport, Autonomous Driving, Vehicles, Transfer, Unitary state, PNT, SBIR, STTR, Policy, GPS, Small business, Small Business Innovation Research, AFWERX, Air force, Air Force Research Laboratory, DAF, Management

TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).

Key Points: 
  • TrustPoint announces it has been selected by AFWERX for a STTR Phase II in the amount of $1.6M focused on advanced resilient navigation applications to address the most pressing challenges in the Department of the Air Force (DAF).
  • The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating the small business experience through faster proposal to award timelines, changing the pool of potential applicants by expanding opportunities to small business and eliminating bureaucratic overhead by continually implementing process improvement changes in contract execution.
  • "This program marks the next phase of investment by the U.S. Government into TrustPoint's suite of advanced PNT applications, which go well beyond the historic purpose of simply deriving a position from GPS signals," said TrustPoint CEO and Founder, Patrick Shannon.
  • "We are excited by the DoD's support and shared vision for the future of commercial space-based PNT."

Platform Science Raises $125 Million in Growth Capital

Retrieved on: 
星期二, 四月 9, 2024
Hardware, Technology, Apps, Applications, Other Transport, Trucking, Fleet Management, General Automotive, Transport, Aftermarket, Automotive, Software, Logistics, Supply Chain Management, Networks, Vehicle Technology, Mobile, Wireless, MSD, Growth, Original equipment manufacturer, BDT, PACCAR, Daimler Truck North America, Daimler Truck, Testament, Werner Enterprises, GDP, Ecosystem, API

Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.

Key Points: 
  • Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.
  • Platform Science also had strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures, underscoring their commitment to the company’s growth plans.
  • By doing so, we expect innovation to change transportation in the same way smartphones have changed our lives,” said Platform Science co-founder and CEO Jack Kennedy.
  • We look for opportunities that are driving impact at scale, and Platform Science is doing exactly this.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
星期一, 四月 8, 2024
Defense, Government Technology, Public Policy, Government, Logistics, Supply Chain Management, Other Defense, Machinery, Machine Tools, Metalworking & Metallurgy, Other Transport, Other Manufacturing, Steel, Maritime, Engineering, Transport, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Software, Aerospace, Manufacturing, Hardware, Electronic Design Automation, Technology, White House, Federal Government, Retail, CHIPS, National security, CHIPS and Science Act, Acquisition, Naval Supply Systems Command, Ship, Shipbuilding

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.

SiMa.ai, CVEDIA and Inventec Announce Partnership to Bring Smart Transportation Solutions to the Edge

Retrieved on: 
星期一, 四月 8, 2024
Hardware, IOT (Internet of Things), Semiconductor, Data Management, Technology, Audio, Video, Other Transport, 5G, Artificial Intelligence, Transport, Other Technology, Software, Public Transport, Internet, Mobile, Wireless, Independent software vendor, Original equipment manufacturer, Partnership, AI, Wi-Fi, Sis, Originality, Machine learning, Medical device

SiMa.ai , the software centric, embedded edge machine learning system-on-chip company, today announced a joint partnership with CVEDIA and Inventec to build and deploy smart transportation solutions for the embedded edge.

Key Points: 
  • SiMa.ai , the software centric, embedded edge machine learning system-on-chip company, today announced a joint partnership with CVEDIA and Inventec to build and deploy smart transportation solutions for the embedded edge.
  • The companies will deliver a joint solution that combines CVEDIA’s AI-based video analytics solutions with Inventec edge appliances, powered by SiMa.ai’s Machine Learning System on Chip (MLSoC).
  • The partnership enables customers to deploy machine learning applications in less time and at a lower cost.
  • Local municipalities will be able to run AI-based solutions on the SiMa.ai MLSoC that incorporate CVEDIA’s transportation application analytics and computer vision solutions for use cases such as tailgating, vulnerable road user detection, license plate recognition and vehicle classification at the edge.