SAVI

Abu Dhabi is building partnerships to attract investments, tackle global food shortages and water scarcity

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星期六, 六月 15, 2024

AGWA is projected to attract USD 34.8 billion (AED 128 billion) in investments, create more than 60,000 new jobs, and contribute USD 24.5 billion (AED 90 billion) in incremental GDP to Abu Dhabi's economy by 2045.

Key Points: 
  • AGWA is projected to attract USD 34.8 billion (AED 128 billion) in investments, create more than 60,000 new jobs, and contribute USD 24.5 billion (AED 90 billion) in incremental GDP to Abu Dhabi's economy by 2045.
  • Led by the ADDED and ADIO, AGWA is set to become a global hub for novel food and ingredients, as well as technologies to increase access to and the utilisation of water resources.
  • The innovative cluster is designed to support suppliers and exporters alike, serving as a platform to maximise commercial opportunities.
  • It aims to help meet increasing global demand, alleviate pressures on agricultural systems, address shifting dietary patterns, capitalise on technological advancements, and support global food security to ensure a reliable and resilient supply chain.

Abu Dhabi is building partnerships to attract investments, tackle global food shortages and water scarcity

Retrieved on: 
星期六, 六月 15, 2024

AGWA is projected to attract USD 34.8 billion (AED 128 billion) in investments, create more than 60,000 new jobs, and contribute USD 24.5 billion (AED 90 billion) in incremental GDP to Abu Dhabi's economy by 2045.

Key Points: 
  • AGWA is projected to attract USD 34.8 billion (AED 128 billion) in investments, create more than 60,000 new jobs, and contribute USD 24.5 billion (AED 90 billion) in incremental GDP to Abu Dhabi's economy by 2045.
  • Led by the ADDED and ADIO, AGWA is set to become a global hub for novel food and ingredients, as well as technologies to increase access to and the utilisation of water resources.
  • The innovative cluster is designed to support suppliers and exporters alike, serving as a platform to maximise commercial opportunities.
  • It aims to help meet increasing global demand, alleviate pressures on agricultural systems, address shifting dietary patterns, capitalise on technological advancements, and support global food security to ensure a reliable and resilient supply chain.

Faraday Future Announces Fiscal Fourth Quarter and Full Year 2023 Financial Results

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星期二, 五月 28, 2024

Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its fourth quarter and full year ended December 31, 2023.
  • This reflects that the Company only began delivering vehicles in the third quarter 2023.
  • Loss from operations was $286 million for 2023, as compared to a loss from operations of $437 million for 2022.
  • Faraday Future management will host a webcast today, May 28, 2024, at 8:00pm Eastern time (5:00pm Pacific time).

REGENT Advances the Future of Coastal Transportation in Abu Dhabi

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星期四, 四月 25, 2024

North Kingstown, RI, April 25, 2024 (GLOBE NEWSWIRE) -- REGENT Craft, the manufacturer of all-electric seagliders, announced today two new collaborations in Abu Dhabi to advance sustainable maritime transportation.

Key Points: 
  • North Kingstown, RI, April 25, 2024 (GLOBE NEWSWIRE) -- REGENT Craft, the manufacturer of all-electric seagliders, announced today two new collaborations in Abu Dhabi to advance sustainable maritime transportation.
  • The company signed MOUs with Abu Dhabi Investment Office (ADIO) and the Department of Municipalities and Transportation (DOT) today at DriftX, an international showcase of advanced and sustainable urban mobility held in Abu Dhabi.
  • REGENT and ADIO together announced a collaboration to support REGENT’s seaglider development and manufacturing capabilities at Abu Dhabi’s Smart and Autonomous Vehicle Industry (SAVI) cluster.
  • Badr Al-Olama, Director General of Abu Dhabi Investment Office (ADIO), said: “Abu Dhabi is deploying innovation at scale through its pioneering Smart and Autonomous Vehicle Industry cluster and we’re proud to welcome REGENT to Abu Dhabi to shape the future of coastal transportation.

Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem

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星期四, 四月 25, 2024

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establish and scale air taxi services in Abu Dhabi and beyond.

Key Points: 
  • Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a multilateral Memorandum of Understanding (MoU) with the Department of Municipalities and Transport - Abu Dhabi (DMT), the Abu Dhabi Department of Economic Development (DED) and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) that lays the groundwork for Joby to establish and scale air taxi services in Abu Dhabi and beyond.
  • View the full release here: https://www.businesswire.com/news/home/20240425195449/en/
    departments to establish an electric air taxi ecosystem in the UAE.
  • The agreement also unlocks the potential for inter-emirate air taxi services, for example between Abu Dhabi and Dubai.
  • We’re looking forward to delivering a fantastic experience for our future customers in Abu Dhabi and we’re excited to be unlocking the potential for zero-emissions flight between Abu Dhabi and Dubai.

Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE

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星期四, 四月 25, 2024

This agreement covers multi-hundred-million dollar investments to accelerate Archer’s planned commercial air taxi operations in the UAE, slated to launch as soon as next year, including in-country manufacturing, operations and training across the region.

Key Points: 
  • This agreement covers multi-hundred-million dollar investments to accelerate Archer’s planned commercial air taxi operations in the UAE, slated to launch as soon as next year, including in-country manufacturing, operations and training across the region.
  • This comprehensive agreement positions Abu Dhabi as one of the world’s leaders in promoting urban air mobility, with plans to commence air taxi operations with Archer’s Midnight aircraft as soon as next year.
  • The agreement underscores Abu Dhabi’s strong commitment to Archer and conviction to become a global hub for urban air mobility.
  • Under this agreement, ADIO will support the development of vertiports, in collaboration with Archer and other air taxi operators, in critical locations throughout Abu Dhabi, enhancing the urban air mobility infrastructure necessary for Archer to scale operations.

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

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星期五, 三月 15, 2024

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

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星期一, 三月 11, 2024

Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.

Key Points: 
  • Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the UAE, has been selected as their vertiport infrastructure partner for critical locations in Dubai and Abu Dhabi.
  • This collaboration marks a significant step towards launching Archer's Midnight flying car with Falcon Aviation in the UAE and across the MENA region as soon as 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240311456137/en/
    Archer and Falcon Aviation will jointly develop a vertiport network in Dubai and Abu Dhabi, enabling flights between the two cities with Archer’s Midnight flying car while establishing a key operational development for Archer’s plans to launch across the Emirates in both cities as soon as 2025.
  • Today’s announcement reinforces the memorandum of understanding (MOU) signed last year, where Falcon Aviation agreed to operate scores of Archer’s Midnight flying cars.

LG PARTNERS WITH ATOMIC GOLF TO PROVIDE HUNDREDS OF DIGITAL DISPLAYS AT LAS VEGAS' NEWEST GOLF ATTRACTION

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星期三, 三月 13, 2024

LAS VEGAS, March 13, 2024 /PRNewswire/ -- Global innovator LG Business Solutions today announced a partnership with Atomic Golf, a brand new Las Vegas attraction set to open on March 22, 2024, to outfit every step of the customer journey with digital experiences and messaging from the parking lot to the tee line.

Key Points: 
  • "From the moment guests arrive at Atomic Golf, they will be surrounded by vibrant LG digital displays showing live sports events, messaging, wayfinding, promotions, welcome messages for groups and real-time game information in every hitting bay," said Brian Birckbichler, SVP of Golf Entertainment at Atomic Golf.
  • The project utilizes LG's webOS™ operating system to manage the digital signage network, with SAVI Controls software delivering content to the LCD displays over a single MoIP cable.
  • Atomic Golf has the flexibility to show broadcast programs, in-house content and marketing messages on any display at any time, including creating frames, tickers and more.
  • The property utilizes a variety of indoor and outdoor LG DVLED products with pixel pitches ranging from 10mm to the .7mm LG MAGNIT display.

Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024

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星期一, 二月 26, 2024

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from Matthias Aydt, Global CEO of FF, to share an updated master plan 1.1 for the growth of Faraday Future in 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240225201526/en/
    Faraday Future Announces Updated Master Plan 1.1 to Strategically Position Itself for Growth in 2024.
  • 10,000 capacity - future potential annual production capacity at FF's self-operated manufacturing facility in Hanford, California with $200+ million invested.
  • Phase Two of the Company's Three-Phase Delivery Plan for the Company’s FF 91 2.0 Futurist Alliance launched in the third quarter 2023.