PRADA SPRING/SUMMER 2025 WOMENSWEAR SHOW
HeyGears Introduces the UltraCraft Reflex RS: Precise and Rapid 3D Printing
Wild Badger Power 40V Brushless 18" Electric Lawn Mower Wins a 2024 Pro Tool Innovation Award
China's New Energy Company VREMT Showing Muscle at EVA
CMC Unveils AI Transformation Strategy With New Office Launch And Business Expansion In Japan
Biosyngen Best-in-Class Next-Generation Tumor-Infiltrating Lymphocyte (TIL) Technology Debuts on ESMO 2024 Annual Meeting
Lenzing's VEOCEL™ builds awareness in combating plastic pollution highlighted at UN's SEA of Solutions 2024
YesWelder's Firstess DP200: Redefining Welding for Everyone
Kangpu Completed Bridging Clinical Study of KPG-818 in China
Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising
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The 39th TEI Opportunities to Expand Business Networks and Exports to Global Markets
TANGERANG, Indonesia, Sept. 20, 2024 /PRNewswire/ -- Director General of National Export Development Mardyana Listyowati revealed that exports are one of the pillars supporting the improvement of the national economy. To that end, the Ministry of Trade continues to encourage the growth of national non-oil and gas export performance, one of which is by holding the 39th Trade Expo Indonesia, hosted by Ministry Of Trade and Organize by Debindomulti Adhiswasti and scheduled for October 9-12, 2024. The Ministry of Trade invites domestic exporters to take advantage of this opportunity by participating to expand their business networks and capture the global market. Press Conference TEI 2024 This was conveyed by Mardyana while serving as a speaker at the Press Conference for the Trade Expo Indonesia at the Indonesia Convention Exhibition (ICE) Bumi Serpong Damai (BSD), in Tangerang Regency, Banten, on Tuesday, September 17. Present as other speakers were Heru Prihantoro – Vice President Government Business Head Region IV of Bank Mandiri, Vibiadhi Swasti Pradana – President Director of PT Debindomulti Adhiswasti, and Ratu Rima Novia Rahma – Vice President of Marketing & Communication at Privy. "We invite domestic exporters to take advantage of this opportunity by participating in TEI 2024 to expand their business networks and seize export opportunities in the global market," said Mardyana. Mardyana stated that this year, TEI has adopted the theme "Build Strong Connection with the Best of Indonesia." This theme serves as a link to last year's theme, "Sustainable Trade for Global Economic Resilience." "It is hoped that this year's theme will strengthen trade connections and serve as a swift step to penetrate export markets and enhance Indonesia's export performance," said Mardyana. Furthermore, Mardyana explained that TEI adopts a business-to-business (B2B) concept, allowing Indonesian exporters to meet face-to-face and interact directly with potential buyers from abroad. At TEI 2024, the Ministry of Trade targets transactions amounting to USD 15 billion from 1,000 participants. This annual exhibition will be attended by 5,000 buyers from around the world as well as 30,000 visitors, both domestic and international. This largest exhibition in Indonesia is divided into three product zones: Food, Beverage, and Agricultural Products; Manufactured Products; and Home Living, Fashion, and Services. In addition to the exhibition, the 39th TEI will be enlivened by various activities, including business matching, business counseling, international seminars, live performances, and buyers night. "TEI serves as a platform to promote value-added export products." The organization of the TEI is expected to encourage export penetration to countries that have not been optimally targeted, thereby boosting non-oil and gas export performance amid the challenges of a global economic slowdown," explained Mardyana. Mardyana also revealed that, like the previous year, the 39th TEI is scheduled to be opened by President Joko Widodo. The opening ceremony was also enlivened by the presentation of the Primaniyarta and Primaduta Awards, which are the highest honors given by the Indonesian government to the best- performing exporters and importers. "In addition, this year, the Ministry of Trade is holding the TEI Journalist Award, which is presented to media personnel supporting exports," emphasized Mardyana. Mardyana added that during the 39th TEI event, the Jakarta Muslim Fashion Week (JMFW) 2025 will be held in hall 10. JMFW is one of the government's priority programs to make Indonesia a global center for modest fashion. What's different about this year's event is that TEI is presenting a Halal Products Pavilion in hall 2 under the title "Halal Expo." In addition, to provide a different atmosphere, TEI is organizing an international seminar titled "ASEAN Sustainability Conference" featuring experts from abroad. This seminar addresses themes including "Net Zero Transition; Sustainable Electric Vehicles; Circular Economy; and Global Supply Chains." "To enhance the national economy, concrete steps are needed, one of which is to maintain the performance of non-oil and gas exports. The organization of the TEI is expected to improve export performance through diversification and expansion of export markets, as well as to introduce Indonesia's image as a country that produces value-added products of superior quality," added Mardyana. Meanwhile, Heru stated that Bank Mandiri, as a financial institution, is committed to supporting Indonesia's economic growth. It is important for Bank Mandiri to serve as a means of international trade transactions with the aim of improving the welfare of the community and strengthening Indonesia's position in international banking. Therefore, Bank Mandiri is very enthusiastic and supports various international trade activities, both export and import trade, including TEI 2024. Vibiadhi added that by early September 2024, around 750 business actors have registered as participants. It is hoped that this number can increase to over 1,000 participants. On the other hand, the organizers' preparations have reached over 85 percent and are expected to meet the set target in the next two weeks. Ratu also added that the 39th TEI serves as a collaboration between the Ministry of Trade and Privy for the second time. Privy, which operates in the digital services sector, provides digital signatures for all sellers in Indonesia and international buyers for both online and offline transactions. At TEI 2024, Privy is committed to being an alternative to facilitate registration and transactions, both online and offline.
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Hyundai Motor and Škoda Group to Collaborate on Hydrogen Advancement and Energy Efficient Solutions for Mobility
Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague Both parties to cooperate in establishing a hydrogen economy and realizing a sustainable future mobility ecosystem Škoda Group to explore hydrogen mobility expansion by adopting Hyundai's hydrogen fuel cell systems and technologies SEOUL, South Korea and PRAGUE, Sept. 20, 2024 /PRNewswire/ -- Hyundai Motor Company and Škoda Group have signed a Memorandum of Understanding (MOU) to commence collaboration on establishing a hydrogen mobility ecosystem. Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) to commence collaboration on establishing a hydrogen mobility ecosystem (Source: Korea Chamber of Commerce and Industry) The signing ceremony, which took place at the Korea-Czech Republic Business Summit in Prague, was attended by Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle and Hydrogen Business at Hyundai Motor Company, and Petr Novotný, CEO of Škoda Group. The MOU covers study on adoption of hydrogen fuel cell systems and technologies, study on adoption of energy efficient solutions for mobility projects and products, and exploring hydrogen ecosystem and value chain opportunities beyond mobility. "Our partnership with Škoda Group aims to accelerate hydrogen adoption, which would contribute to the advancement of hydrogen technology and carbon neutrality across global markets, including the Czech Republic," said Executive Vice President Ramírez. "Together with Škoda Group, we strive to lead the rapidly growing hydrogen businesses by creating positive synergies between our fuel cell technology and Škoda Group's mobility products and projects." "We believe that hydrogen, alongside energy-efficient solutions, will play an essential role in transforming mobility for a more sustainable future. Our collaboration with Hyundai Motor Company aims at enabling us to look beyond national borders and explore wider markets where these technologies can have a larger impact. By working together, we can bring innovative, eco-friendly solutions to the global mobility ecosystem, advancing cleaner energy in the areas where it's needed most," said Petr Novotný, CEO of Škoda Group. Both parties share the view that hydrogen will be a key pillar for a sustainable society, starting with mobility. As part of the MOU, the parties will explore the possibility that Hyundai would share its fuel cell system and technology, contributing to the acceleration of eco-friendly mobility across global markets where Škoda Group operates, including the Czech Republic. Hyundai Motor Company and Škoda Group will also conduct feasibility studies for fuel cell system applications for diverse utilization beyond mobility. Leveraging its global expertise and insights in operating various hydrogen applications in both mobility and energy sectors, Hyundai is poised to play a pivotal role in aiding the energy transition. Hyundai Motor Group is committed to building a hydrogen society under its hydrogen value chain business brand HTWO, which encompasses the Group's businesses and affiliates, enabling each stage of the entire hydrogen value chain. Hyundai Motor Manufacturing Czech (HMMC) in Nošovice, established in 2008, has an annual manufacturing capacity of 350,000 vehicles. Considered one of the most modern car manufacturers in Europe, the manufacturing plant was also the largest foreign investment in the Czech Republic. – End –
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Chongqing Hosts Second International Consumer Products Expo 2024
CHONGQING, China , Sept. 20, 2024 /PRNewswire/ -- A news report from iChongqing – Chongqing – The Second Chongqing International Consumer Products Expo 2024 and Meet Sichuan & Chongqing Procurement Fair took place at the Chongqing International Convention & Exhibition Center from September 20 to 22. Spanning 30,000 square meters, the expo hosted participants from 50 countries, 20 provincial regions, and over 10 global brands, featuring thousands of international products. This year's expo included international participants from Canada, Belarus, Japan, Russia, South Korea, Singapore, Afghanistan, Bulgaria, Malaysia, Thailand, and more. It also featured representation from 20 Chinese provinces and over 10 Fortune 500 companies. Consulates from countries such as Australia, Israel, Austria, Nepal, Pakistan, and Chile displayed their unique products, ranging from Belarusian chocolate to Nepalese high mountain tea. Exhibits covered diverse categories, including imported food, health items, wine, and skincare products, catering to varied consumer preferences. Meanwhile, international organizations collaborated to enhance global partnerships at the event, including the Vietnam Trade Promotion Agency, Enterprise Singapore, the Ministry of SMEs and Startups of Korea, the Hong Kong Trade Development Council, and the Chongqing Chamber of Commerce for Import and Export. The expo highlighted the Chengdu-Chongqing economic circle by showcasing a wealth of resources from Sichuan, including Meishan, Luzhou, Dazhou, and Deyang. Numerous local innovative brands were featured, covering categories such as food, clothing, beauty, home furnishings, electronics, sporting goods, and outdoor camping equipment. Additionally, local specialties from various Chinese provinces were showcased, including Ningxia's red wine and wolfberries, Xining's yak meat and highland barley wine, and Hainan's coconut cake. An international consumption center is a key feature of any modern metropolis. In recent years, Chongqing has focused on becoming a top destination for international brands and a global hub for consumer goods. By attracting numerous cross-border e-commerce brands and establishing international commodity distribution centers, the city has significantly enhanced its consumer offerings and increased the globalization of its local market. Over the past three years, Chongqing has nurtured over 2,000 international and domestic brands, revitalizing the consumer landscape. The International Consumer Products Expo provided a valuable opportunity for citizens to explore special products and brands from around the world, meeting diverse consumer needs at competitive prices. This event not only highlights the richness of international offerings but also emphasizes Chongqing's commitment to fostering a vibrant and inclusive consumer marketplace.
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State grid Weifang power supply Company: strong network benefit agriculture, paving rural Zhenxing road
WEIFANG, China, Sept. 20, 2024 /PRNewswire/ -- September 18, into the Weifang Linqu County Yeyuan street Wangshe village grape greenhouses, a string of round drum, water Lingling grapes hung with trellises, crystal clear under the sunlight in the autumn, emitting bursts of attractive fragrance. In the corner of the shed, the power supply service personnel of the State Grid Weifang Power Supply Company are inspecting the distribution facilities to ensure the safety and reliability of the plantation power supply. In recent years, Yeyuan Street has invested 8 million yuan in the construction of a grape science and technology demonstration park, introducing more than 10 new grape varieties such as Moldova and Sunshine Rose for trial planting, and building the characteristic industrial park into a leading and demonstration area for rural revitalization in central Shandong. The solar greenhouse in the demonstration park has advanced technical equipment such as computer monitoring system, automatic control system, internal and external sunshade system, water and fertilizer integrated irrigation system, etc., which has a high demand for power supply quality. "There was a good harvest of grapes, support from all sides, and electricity played a big role." Farmer Liu Xingxi said. In order to serve the development of the grape industry, the Weifang Power Supply Company of the State Grid implements a district and a team, as long as the growers have electricity demand, the service personnel quickly investigate the scene, reduce the electricity procedure, quickly develop the power plan, and connect the fire at the fastest speed. Since 2021, the State Grid Linqu County power supply company has set up 12 kilometers of 10 kV lines for farmers and demonstration parks, and four new 200 kVA transformers. This year, we have helped connect 13 new Wells and 100 acres of new grape canopy to electricity, meeting the electricity demand of the grape industry. National agriculture to see Shandong, Shandong agriculture to see Weifang. As the birthplace of national agricultural industrialization, Weifang agriculture has been in the forefront of the country. In order to serve Weifang's rural revitalization strategy, State Grid Weifang Power Supply Company advanced deployment, lasted 18 months from 2021 to 2022, reformed 2014 villages with weak power grid foundation, built a total of 1,648 kilometers of new lines, added 956 transformers to transform the distribution network, and the average household capacity after transformation reached 3.3 kVA. With a strong grid, sufficient electric energy to illuminate the new picture of rural revitalization. State Grid Weifang Power Supply Company establishes a guarantee service mechanism, implements "fixed, regular, customized" full service for rural revitalization projects, actively integrates into the construction of rural complex and rural tourism complex, and transforms the leading advantage of power supply into the advantage of rural revitalization and development. Linqu County Hongmiaozi village development greenhouses cherry, rich one side of the people; In the southeast village of Changle County, the villagers have developed an e-commerce economy by relying on reliable electricity, and have built the village into a well-known "Taobao village" in the province. With the help of electric power express, the broad masses of people will prosper, become more prosperous, have more confidence in getting rich, and have better prospects for rural revitalization.
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CD (Suzhou) Biopharma Announces FDA Clearance for Phase I Clinical Trial of CD-001
SUZHOU, China, Sept. 20, 2024 /PRNewswire/ -- CD (Suzhou) Biopharma has received clearance from the U.S. Food and Drug Administration (FDA) for its Investigational New Drug (IND) application of CD-001, entering a Phase I first-in-human trial. CD-001, the company's leading clinical candidate, is built on its proprietary Bispecific Fusion Protein (BsFP) platform. This potential therapy, designed to target PD-1 positive CD8+ T cells using an anti-PD-1 antibody and engineered IL-21 mutant, aims to address unmet medical needs in oncology and viral infections. "The FDA's clearance of this IND reinforces our unwavering commitment to advancing groundbreaking immunotherapies." said Dr. Jian Xu, CEO of CD Biopharma. "CD-001 shows promise as a first-in-class and best-in-class treatment, and preclinical studies have demonstrated its effectiveness in various mouse tumor models, with excellent tolerance observed in non-human primates. We are excited to move forward with patient enrollment and expect initial clinical data in the upcoming months." About CD (Suzhou) Biopharma Founded in 2021, CD Biopharma is a rapidly advancing clinical-stage biotech company focused on developing innovative therapies across a broad spectrum of immunotherapy areas, including oncology, viral infections, and autoimmune diseases. The company's proprietary Bispecific Fusion Protein (BsFP) platform and IMmune-Enhanced (IME) cell technology, which enable advanced cell modification, continue to drive breakthrough research and clinical outcomes that transform patient care. CD Biopharma is headquartered in Suzhou, China, with additional research operations in Beijing, China. For more information, visit https://www.cdbiopharma.com/. CONTACT: E-mail: cd@cdbiopharma.com
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The Battery Show Asia 2025: Uniting Global Innovators in Hong Kong
July 15-17, 2025 | AsiaWorld-Expo, Hong Kong HONG KONG, Sept. 20, 2024 /PRNewswire/ -- The Battery Show, organized by Informa Markets, is a globally recognized platform for cutting-edge battery technology, energy storage solutions and electric/hybrid vehicle (EV/HV) innovations. It is expanding its reach with the inaugural The Battery Show Asia 2025, which will take place from July 15-17, 2025, at AsiaWorld-Expo in Hong Kong. This landmark event builds on the long-lasting success of The Battery Show in North America and Europe, highlighting the strategic importance of the Asian in the fast-evolving advanced battery, energy storage and e-mobility sectors. Over three days, The Battery Show Asia 2025 will feature 350+ exhibitors, attract over 15,000 industry professionals, and host 150+ expert speakers. The event will be a pivotal meeting ground for innovators, engineers, manufacturers, and thought leaders from Asia and around the world, offering a unique platform for collaboration, knowledge sharing, and business development in this dynamic industry. Hong Kong, strategically located within the Greater Bay Area (GBA), is an ideal venue for this prestigious event. With its world-class connectivity and business-friendly environment, Hong Kong offers unparalleled access to the vibrant and diverse markets of China and the broader Asia-Pacific region, making it the perfect location for industry professionals looking to expand their global business footprint, either into Asia or from Asia to the rest of world. The Battery Show Asia 2025 will feature a comprehensive exhibition showcasing the latest advancements in battery technology, energy storage solutions, and EV/HV innovations. Complementing the exhibition will be a cutting-edge conference program addressing critical topics such as policy and regulation, advanced technology, hydrogen energy, emerging applications, and investment trends. The show will be co-located with Mobility Tech Asia and Data Center Asia, further enhancing its appeal and reach across interconnected sectors. Attendees will have exclusive opportunities to engage with leading battery and component manufacturers, EV/HV producers, renewable energy experts, and influential decision-makers from across the globe. With a strong international presence, the event promises to foster meaningful connections and strategic partnerships, particularly for those looking to engage with China's rapidly advancing technology sector. A series of exclusive networking events, including VIP receptions, an all-day Open Tech Forum, and the premium TBSA/MTA 2025 Conference, will offer additional opportunities for deep engagement and collaboration. Whether you're showcasing innovations, exploring market insights, or expanding your professional network, The Battery Show Asia 2025 is the essential event to drive your business forward. Contact:For more information or partnership and sales inquiries, please contact:info@thebatteryshow.asia About Informa Markets:Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. Through our comprehensive portfolio of exhibitions, digital content, and services, we enable customers and partners to connect, discover new opportunities, and drive industry progress.
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Central Pattaya is set to ignite the fun once again with the sexiest run of the year, the 'PATTAYA INTERNATIONAL BIKINI BEACH RACE 2024'
CHONBURI, Thailand, Sept. 20, 2024 /PRNewswire/ -- Central Pattaya invites everyone to get ready! Pattaya Beach is about to heat up again with the biggest and sexiest beach run in Thailand, the "PATTAYA INTERNATIONAL BIKINI BEACH RACE 2024." This year, it's back to creating an extraordinary, thrilling spectacle with a 5-kilometer run along the cool seaside breeze, amidst the relaxed atmosphere of Pattaya Beach. Adding to the excitement, the participants'll be running alongside national beauty queens from Miss Grand Thailand 2024 and over 100 sexy KOLs and influencers, who will spice up the event and make Pattaya hotter than ever. Moreover, the event will feature an exhilarating concert by the legendary band, ready to fire up the fun and shake the beach with unforgettable energy. Join the 5-kilometer run in front of Central Pattaya Shopping Centre and experience the ultimate excitement on November 2, 2024! Central Pattaya is set to ignite the fun once again with the sexiest run of the year, the 'PATTAYA INTERNATIONAL BIKINI BEACH RACE 2024' Registration is now open: Thai participants: https://race.thai.run/bikinirun2024 International participants: https://worldsmarathons.com/zh/marathon/pattaya-bikini-run Don't miss out on this legendary event at Central Pattaya Mall – spots are limited! For more updates on Central Pattana, click here: https://www.centralpattana.co.th/th/ #PattayaInternationalBikiniBeachRace2024 #BikiniRun2024 #PattayaBikiniRun #BikiniNightRun #CentralPattaya #PattayaBeach #CentralPattaya
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State Grid Yiyuan County Power Supply Company: Free Door-to-door "Diagnosis" for the Healthy Development of the Cold Storage Industry
ZIBO, China, Sept. 19, 2024 /PRNewswire/ -- "The harvest of Yiyuan golden peaches is at a critical stage, and electricity is vital for their storage and preservation. We sincerely appreciate the skilled staff from the power supply company for checking the electrical safety and resolving our difficulties as their care and support, so they deserve a big thumbs up!" The gratitude was deeply expressed from the manager of a large temperature-controlled fruit storage facility in Dong'an Village, Dongli Town, Yiyuan County on September 13 to the staff from the State Grid Yiyuan County Power Supply Company (managed by State Grid Zibo Power Supply Company) during their visit. It is the peak season for the harvest of golden peaches (two varieties renowned as "Early Golden" and "New Century"), making it a bustling time for cold storage businesses. To ensure a stable and reliable power supply for the enterprise, several staff from the State Grid Yiyuan County Power Supply Company provided door-to-door service to it where they engaged with the manager and electricity management staff, conducting thorough safety inspections of power supply lines, transformers, switches etc., leaving no potential hazards overlooked. They also focused on the analysis and judgement of power loads and voltage quality, advising on load control and equipment safety during periods of concentrated electricity consumption. Safe electricity practices and general troubleshooting methods were expounded with great patience, which enhanced the "immunity" of electrical safety of that enterprise. The State Grid Yiyuan County Power Supply Company has further refined its service engagement mechanism since this autumn by actively visiting over 200 fruit storage enterprises throughout the county with electrical safety inspections and advice. Its staff offered expert guidance on safe and efficient power usage, carrying out electricity tracking services for the fruit sales season. As a qualified "electricity manager", the company will free the enterprises from power supply for autumn production and assist in the revitalization of rural enterprises and the increase of fruit farmers' incomes.
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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks
CHENGDU, China, Sept. 20, 2024 /PRNewswire/ -- Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters. Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry's latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions. The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: - EOLO-13T-5H-XMX OSFP 1.6T DR8, 1x1.6TbE, 500m, MPO-16EOLO-13T-5H-XDX OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12EOLO-13T-02-XMX OSFP 1.6T DR8-2, 1x1.6TbE, 2km, MPO-16EOLO-13T-02-XDX OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12EOLO-16T-02-XXX OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. "We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. "Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work." About Eoptolink Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world. Contact Us China(HQ): No.510 Wulian Avenue, Chengdu 610200 USA: 3191 Laurelview Court, Fremont, CA 94538 Thailand: 390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110 E-mail: sales@eoptolink.com
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Global claims guidance leader EvolutionIQ joins as CALI's inaugural Life Partner
NEW YORK, Sept. 20, 2024 /PRNewswire/ -- US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)'s first Life Partner as part of its corporate partner program. The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts. CALI Life Partners share the industry's mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way. "We are pleased to welcome EvolutionIQ as CALI's inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward," said CALI CEO Christine Cupitt. "We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days." Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work. "We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets," said EvolutionIQ's Co-CEO, Mike Saltzman. "Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner." About EvolutionIQEvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers' compensation markets worldwide. EvolutionIQ's AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers' compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn. About CALIWe support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime. Our members' products and services give people peace of mind when making important decisions and provide a financial safety net during life's biggest challenges. We advocate for national policy settings that expand Australians' access to the life insurance protection that suits them when they need it most. CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year. To view CALI's corporate partners visit www.cali.org.au/about-us/#our-partners For more information, visit www.cali.org.au Media ContactJason KaplerVice President of MarketingEvolutionIQ(917) 740-5608Press@evolutioniq.com Logo - https://mma.prnasia.com/media2/1723642/EvolutionIQ_Logo.jpg?p=medium600Logo - https://mma.prnasia.com/media2/2509100/CALI_logo.jpg?p=medium600
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Arcadium Lithium's 2024 Investor Day Highlights Company's Strategic Vision and Pathway to Significant Growth
PHILADELPHIA and PERTH, Australia, Sept. 20, 2024 /PRNewswire/ -- Underscores unique position as a vertically integrated, diversified global producer of lithium chemicals with low-cost and high-quality assets Details ongoing expansion programs expected to more than double total sales volumes by 2028 across multiple products and regions Outlines path to Adjusted EBITDA1 of $1.3 billion by 2028 supported by strong and flexible balance sheet with peak net leverage of 2.1x1,2 Reaffirms significant expansion potential of one of the largest and most diverse resource bases in the industry Accelerating plan to deliver $125 million of merger-related cost savings roughly two years ahead of initial target Executed Memorandum of Understanding (MoU) with Toyota Tsusho in key step to unlocking further synergies Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium" or the "Company"), a leading global lithium chemicals producer, today provided a number of strategic updates at its inaugural 2024 Investor Day. During the event, the Company reviewed its operating, commercial and growth strategies while reinforcing its commitment to sustainability leadership. The Company also discussed its plans for disciplined volume expansion and provided a long-term financial view. "We have a clear and compelling plan to deliver significant growth over the coming years, leveraging the size and quality of our portfolio of assets and expansion projects," said Arcadium Lithium president and chief executive officer Paul Graves. "Our vertically integrated operating network, broad range of high-performance lithium products, and deep technical know-how allow us to maximize the value of each unit of lithium we deliver to customers. This is complemented by a disciplined commercial strategy that provides greater visibility and profitability throughout market cycles and allows us to confidently invest to meet the growing long-term demand needs of our customers. This plan has the potential to double our sales volumes by 2028 while reaching an expected $1.3 billion in Adjusted EBITDA based on analyst consensus pricing forecasts. I am excited by the opportunities ahead and the highly experienced team we have in place to execute our long-term vision." Multi-Year Volume GrowthArcadium Lithium expects 25% higher combined lithium carbonate and lithium hydroxide volumes in 2024 and 2025 from expansion projects at Fénix and Olaroz that have already been completed, are in operation and have no further capital requirements. Beyond this, the Company continues to develop its world class portfolio of resources and is doing so on a timeline supported by the market and its customers. Arcadium Lithium outlined two waves of expansions across its large, high-quality and low-cost assets in Argentina and Canada. The first wave of four existing projects at various stages of advancement is expected to be fully completed, in stages, by 2028 and more than double sales volumes from today. The second wave of projects are at the development and planning stage and this wave offers the Company the opportunity to increase production capacity beyond 2028 by a further 125,000 metric tons (LCE3) to 295,000 metric tons (LCE3) total. The size and quality of Arcadium Lithium's portfolio of resources means it is not constrained in its ability to continue to grow organically. Earnings Growth Supported by Flexible Balance SheetArcadium Lithium outlined a path to an expected $1.3 billion in Adjusted EBITDA1 by 2028, subject to certain assumptions, with margins continuing to be supported by low-cost positions and multi-year customer agreements. This growth is underpinned by higher volumes from expansion, and by consensus expectations for pricing to move higher than current levels towards prices that are needed to incentivize industry supply growth4. It is supported by a strong balance sheet, with peak net leverage not expected to exceed 2.1x1,2. The Company believes it has attractive internal and external funding alternatives that provide flexibility to promptly adapt to evolving market conditions as needed. Accelerating Cost SavingsSince the January 2024 merger of Allkem and Livent creating Arcadium Lithium, the Company has taken actions to drive cost reductions throughout the organization. The benefits of these actions are already being seen, with post-merger cost savings coming in higher and quicker than initial forecasts. Beyond expected cost savings of up to $80 million in 2024, the Company now expects to deliver close to its initial run-rate savings target of $125 million by the end of 2025, roughly two years ahead of plan. These savings are driven primarily by organizational restructuring, operational and supply chain synergies and a reduction in third-party and other services across the two legacy companies. The Company also believes the total longer-term savings opportunity to be greater than $125 million. Toyota Tsusho Memorandum of UnderstandingArcadium Lithium announced the recent signing of a Memorandum of Understanding (MoU) with its long-time partner Toyota Tsusho Corporation (TTC), a key initial step in providing greater flexibility for Arcadium Lithium to optimize its global integrated operating network and to contribute its production expertise to Naraha. This includes using technical grade lithium carbonate produced at Olaroz to feed the Company's existing downstream lithium hydroxide network, thus allowing more battery grade lithium carbonate produced at Fénix to be sold directly to customers. This is expected to have a positive impact on the Company's earnings and to be achievable as early as 2026. Event Replay InformationA full replay of Arcadium Lithium's Investor Day is available on the Company's Investor Relations website. For further details and access to the webcast replay and presentation materials, visit ir.arcadiumlithium.com. Denotes non-GAAP financial term. Although Arcadium Lithium provides estimates, the Company is not able to do so for the most directly comparable measure calculated and presented in accordance with GAAP. Certain elements of the composition of the GAAP amount are not predictable, making it impractical for the Company to provide an outlook for such GAAP measure or to reconcile corresponding non-GAAP financial measure to such GAAP measure without unreasonable efforts. For the same reason, the Company is unable to address the probable significance of the unavailable information. As a result, no GAAP equivalent outlook is provided for these metrics. Adjusted Net Debt / Adjusted EBITDA. Debt includes amounts outstanding under revolving credit facility, project loan facilities and convertible notes and excludes customer prepayment obligations and affiliate loans. Cash excludes Nemaska Lithium. Lithium Carbonate Equivalents. Based on consensus price expectations using analyst research as of 9/11/2024. Arcadium Lithium Contacts Investors:Daniel Rosen +1 215 299 6208daniel.rosen@arcadiumlithium.com Phoebe Lee +61 413 557 780phoebe.lee@arcadiumlithium.com Media:Karen Vizental +54 9 114 414 4702karen.vizental@arcadiumlithium.com Supplemental Information In this press release, Arcadium Lithium uses the financial measures Adjusted EBITDA and Adjusted Net Debt. These terms are not calculated in accordance with generally accepted accounting principles (GAAP). Definitions of these terms, as well as a reconciliation to the most directly comparable financial measure calculated and presented in accordance with GAAP, are provided on our website: ir.arcadiumlithium.com and elsewhere in this press release or the financial tables that accompany this press release. About Arcadium Lithium Arcadium Lithium is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's lives and accelerate the transition to a clean energy future. We collaborate with our customers to drive innovation and power a more sustainable world in which lithium enables exciting possibilities for renewable energy, electric transportation and modern life. Arcadium Lithium is vertically integrated, with industry-leading capabilities across lithium extraction processes, including hard-rock mining, conventional brine extraction and direct lithium extraction (DLE), and in lithium chemicals manufacturing for high performance applications. We have operations around the world, with facilities and projects in Argentina, Australia, Canada, China, Japan, the United Kingdom and the United States. For more information, please visit us at www.ArcadiumLithium.com. Important Information and Legal Disclaimer:Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for Arcadium Lithium based on currently available information. There are important factors that could cause Arcadium Lithium's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including a failure to reach a binding agreement with TTC pursuant to the MoU, the supply and demand in the market for our products as well as pricing for lithium and high-performance lithium compounds; our ability to realize the anticipated benefits of the integration of the businesses of Livent and Allkem or of any future acquisitions; our ability to acquire or develop additional reserves that are economically viable; the existence, availability and profitability of mineral resources and mineral and ore reserves; the success of our production expansion efforts, research and development efforts and the development of our facilities; our ability to retain existing customers; the competition that we face in our business; the development and adoption of new battery technologies; additional funding or capital that may be required for our operations and expansion plans; political, financial and operational risks that our lithium extraction and production operations, particularly in Argentina, expose us to; physical and other risks that our operations and suppliers are subject to; our ability to satisfy customer qualification processes or customer or government quality standards; global economic conditions, including inflation, fluctuations in the price of energy and certain raw materials; the ability of our joint ventures, affiliated entities and contract manufacturers to operate according to their business plans and to fulfill their obligations; severe weather events and the effects of climate change; extensive and dynamic environmental and other laws and regulations; our ability to obtain and comply with required licenses, permits and other approvals; and other factors described under the caption entitled "Risk Factors" in Arcadium Lithium's 2023 Form 10-K filed with the Securities and Exchange Commission ("SEC") on February 29, 2024, as well as Arcadium Lithium's other SEC filings and public communications. Although Arcadium Lithium believes the expectations reflected in the forward-looking statements are reasonable, Arcadium Lithium cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Arcadium Lithium nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Arcadium Lithium is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations. Logo - https://mma.prnasia.com/media2/2310012/Arcadium_Lithium_Horizontal_Logo.jpg?p=medium600
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Brazilian second crop corn reduces GHG and improves food security, says Nature Sustainability study
A study coordinated by Agroicone in partnership with national and international researchers points out that the second crop corn ethanol production system provides renewable and affordable energy, animal feed, contributes to reducing greenhouse gas emissions, in addition to improving food security. SÃO PAULO, Sept. 20, 2024 /PRNewswire/ -- A study recently published in the renowned journal Nature has revealed the benefits of Brazil's second-crop corn ethanol production system, highlighting its harmony with the Sustainable Development Goals (SDGs). This study was developed by Agroicone in partnership with Angelo Gurgel (Massachusetts Institute of Technology), Joaquim E. A. Seabra and Rosana Galindo (UNICAMP), Lee R. Lynd (Thayer School of Engineering, Dartmouth College). The research aimed to evaluate in a very careful way the socioeconomic and environmental impacts of the energy and food production system that is rapidly expanding in Brazil and drawing attention on a global scale. The production of corn ethanol in Brazil, despite its fast and short history, has already reached 6.3 billion liters in 2024, with an expectation of reaching between 13 and 15 billion liters in 2032 according to the EPE. In addition to the production expansion, there are plans to complement the carbon capture and storage system (BECCS), which may be the first project of its kind in Latin America and the world. The environmental analysis looked at 18 intermediate indicators and three final indicators (Ecosystems, Human Health and Resource Availability). Two other models were used for socioeconomic indicators, with a main focus on the well-being and food security of the poorest families in Brazil and in the world. Finally, the results were also related to the SDGs. Main results The study indicates that the second crop corn ethanol production system provides renewable and affordable energy, with an additional annual production of five billion liters of ethanol and 600 GWh of electricity, in addition to four million tons of inputs for animal feed. In addition, the practice contributes significantly to the reduction of greenhouse gas emissions, estimated at between 9.3 million and 13.2 million tons of CO2, and land-saving effect of 160,000 hectares. The analysis used advanced Life Cycle Assessment (LCA) methods and computable general equilibrium (CGE) models, providing a comprehensive view of the socioeconomic and environmental impacts of the second crop corn ethanol production system in Brazil. The research underlines the importance of integrated assessments that address a full spectrum of impacts, including macroeconomic, food security, human health, ecosystems, and effects on low-income populations. This look was essential to elevate the publication to one of the most respected journals in the area. Thus, the unprecedented study concludes that there is solid evidence on the benefits of this bioenergy production system that combines sustainable agricultural practices and cutting-edge technologies, significantly contributing to the energy transition and sustainable development. For more information, the full article can be accessed in Nature through this link: (https://www.nature.com/articles/s41893-024-01424-5?fromPaywallRec=true) About Agroicone AgroiconeAgroicone is an organization that generates knowledge and solutions to transform Brazilian agriculture in the face of the global challenges of sustainable development. It operates in five strategic areas: i) international trade and global issues; ii) sustainability and territorial intelligence; iii) public policies; iv) business, markets and financing; and v) technologies in agro chains. Agroicone is formed by a multidisciplinary team, with extensive competence in the economic, regulatory/legal, territorial, socio-environmental and communication areas. More information: www.agroicone.com.br
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Experian Research: GenAI and data-driven decisioning are key competitive advantages for global business leaders
LONDON, Sept. 19, 2024 /PRNewswire/ -- Experian's latest research, conducted by Forrester Consulting, delves into the strategies of senior decision-makers in the financial services and telco sectors across EMEA and APAC. The survey of over 1200 C-suite and Director level leaders in Australia, Denmark, Germany, India, Italy, New Zealand, Norway, South Africa, Spain, and the Netherlands reveals how businesses are leveraging Generative AI (Gen AI), consolidating datasets to improve decisioning models, and prioritizing customer experience to navigate challenging economic conditions and technological disruption. The race to harness GenAI is well underway Business leaders identified technological disruption as the third largest external factor impacting their business in the coming two years, putting emphasis on the race toward AI supremacy to improve business efficiencies and reduce costs. Sixty-eight percent of participants believe that competitive advantage in their industry will be dependent on who can make the best use of AI, and nearly three-quarters (73%) of the technology leaders are exploring GenAI use cases with a view to implement them within the next year. Technological disruption is a catalyst for improving customer experience Survey respondents highlighted a centralised cloud-based platform as a notable factor to improve risk strategy. Nearly half (47%) foresee additional credit stress and tightened lending criteria. Many risk leaders (42%) also indicated that the top risk priority is to improve the ability to identify financially vulnerable customers. Integrating data sources, leveraging AI and streamlining data-to-insight-to-action processes to enable lenders to achieve a holistic borrower view, improve customer relations and foster lending practices. Combining datasets into a single cloud-based platform is key to enhancing analytical capability Data and analytics leaders are prioritising a unified platform for siloed datasets to accelerate AI/ML model development and deployment. More than half (55%) of respondents believe current development times are too long, with 48% stating that they are updating their models more frequently due to shifting consumer behaviour. Forrester Infographics "This year's research highlights the growing importance of AI and data analytics for businesses seeking a competitive edge," says Malin Holmberg, CEO, EMEA & APAC, Experian. "While we are still facing broader macroeconomic challenges, the majority of leaders remain optimistic about future growth and increased technology investment." Download the full report here. About Experian Experian is a global data and technology company, powering opportunities for people and businesses around the world. Learn more at experianplc.com. Contact: Yolanda Zondo, Yolanda.zondo@experian.com
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Portal:M Empowers Everyone to Become a Creator: A Groundbreaking Digital Fashion Platform Debuts at London Fashion Week SS25
Phygital exhibition of 3D, digitally generated art and garment designs drew 422 attendees, highlighting how 3D-powered virtual experiences are merging the gaming and fashion worlds. LONDON, Sept. 19, 2024 /PRNewswire/ -- London Fashion Week - Portal:M, the Taiwan-based fashion technology platform, made a significant impact, transforming Protein Studios in Shoreditch into a grocery store-themed wonderland. The virtual fashion exhibition reconceptualized fashion technology, blending the digital and physical worlds to create a truly immersive experience. Portal:M x Virtual Fashion Exhibition -- interactive displays and projectors supported by ViewSonic Supported by Taiwan's leading garment manufacturer Makalot and in collaboration with global technology leader ViewSonic, Portal:M redefined the traditional runway experience. Guests entered a digitally interactive space to engage with fashion elements as if shopping in a grocery store of virtual possibilities. Portal:M's platform democratises fashion design, empowering anyone to become a creator. Like Minecraft, it offers digital tools to bring creative visions to life. Whether it's selecting digitised YKK® zippers from the YKK Trim Creator or choosing from a wide array of fabrics, users can "shop" for design elements within the platform, seamlessly integrating them into their own creations and making high-level fashion design accessible to all. The showcase underscored this capability, with participants invited to curate their own creations using Portal:M's digital tools. "Gamifying" Fashion for a Sustainable Future A report by GEEIQ revealed that by mid-2024, over 700 brands had entered the virtual space, launching 1,200 activations across various gaming platforms, representing a 58% increase from the previous year. "Immersive virtual experiences are the future," said Alan Liu, Co-Founder of Portal:M. "Beyond consumers, designers are collaborating with creators of gaming worlds to explore new ways of expressing creativity." Portal:M leveraged the event's grocery store theme to showcase its role as a comprehensive platform for brands to integrate 3D content and experiences. Liu explained, "The enthusiasm for virtual experiences underscores the urgency of our work. Beyond enhancing customer engagement and protecting privacy, our solutions help brands become more sustainable." The exhibition featured works from renowned artists and emerging talents, including Naya Rea, Ray Chu, PROJECTbyH., AutoNarrative by Eve Lin, and graduates from Shih Chien University. These artworks were brought to life using ViewSonic's ViewBoard interactive screens and high-brightness projectors, showcasing the platform's potential to expand creative possibilities in the fashion industry. To enhance the immersive experience, the event included a curated auditory component by Cloudy Ku, a Taiwan-born DJ known for her unique blend of techno, trance, and experimental sounds. Portal:M: A One-Stop Shop for the Digital Fashion Revolution Portal:M empowers designers with the tools to seamlessly integrate digital innovation into their creative processes. By breaking down barriers and fostering collaboration, Portal:M is leading the way in fashion technology. Highlights of Portal:M's services: Digital garment creation and AR virtual try-ons: Bring your physical designs to life in the digital world and let customers experience them through AR. Interactive displays and Unreal Engine experiences: Create immersive 3D worlds that allow shoppers to connect with the designer's vision on a deeper level. Concept videos and digital storytelling: Craft powerful videos that showcase your brand's story and values, fostering a stronger connection with your audience. Seamless integration of digital and physical elements: Blend digital creations with physical elements for a truly impactful fashion display. Portal:M is dedicated to harnessing digital technology to revolutionise fashion and connect designers with consumers. The platform will continue to explore the digital realm, infusing fashion with creativity and innovation. For further information about the event or collaboration, please email Dianne Chen, diannechen@portalm.io Instagram: https://www.instagram.com/portalm.io/Website: https://portalm.io/#home
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Mediwave Showcases AI and AR Emergency Response Technology at EMS World 2024
LAS VEGAS, Sept. 19, 2024 /PRNewswire/ -- Mediwave, a leader in emergency response solutions for prehospital care, made a significant impact at EMS World 2024, the largest Emergency Medical Services (EMS) convention in the United States, held at the Las Vegas Convention Center. Earlier this year, Mediwave launched the world's first end-to-end emergency response suite powered by Artificial Intelligence (AI) and Augmented Reality (AR), further solidifying its position as an industry pioneer in the U.S. market by introducing its groundbreaking solution at the event through live demonstrations.  Transforming Emergency Medical Services with AI & AR through Mediwave AI and AR-Powered Emergency Response Suite At EMS World 2024, Mediwave unveiled its AI and AR-powered Emergency Response Suite, an integrated solution that consists of three core solution pillars: Intelligent Dispatch: Integrated with Emergency Response Management Systems (ERMS) and Electronic Patient Care Reporting (ePCR), the system optimizes response times through geo-fencing and route optimization, providing the fastest ambulance dispatch rather than merely the nearest. Connected Ambulances: Equipped with 4G/5G and Internet of Medical Things (IoMT), the solution enables remote monitoring and real-time data transmission of vital signs, facilitating rapid triage during patient transport. Intelligent EMT: Features an AI assistant for form-filling and validation for incident reports and patient care reporting, along with AR headsets for hands-free, immersive care. AI-Assisted ePCR Tool: A Game-Changer in EMS A highlight of Mediwave's technology is the AI assistant designed for first responders. Donnie Woodyard, an industry expert with over 30 years of experience as a paramedic and EMS system leader working closely with Mediwave, shared his on-site experience, "In hundreds of live demos of the AI assistant tool conducted at EMS World at the Mediwave booth, the solution consistently demonstrated over 99% accuracy in charting in most cases, completed in just seconds. This is a landmark achievement and the first of its kind, designed to meet the unique demands of EMS. I'm excited to work alongside this remarkable team to help the EMS industry thrive in the age of intelligent technology." Case Study: A Global Benchmark for EMS Technology Adoption Mediwave's innovations have already proven successful in real-world applications. The 1990 Suwa Seriya ambulance service in Sri Lanka, powered by Mediwave's end-to-end emergency response suite, serves as a global benchmark for EMS technology adoption, achieving an impressive national response time of under 12 minutes. Recently cited by the World Bank as one of the most technologically advanced and fastest ambulance services in the world, Suwa Seriya exemplifies the transformative power of Mediwave's solutions on a global scale. Forging Ahead: AI and AR in EMS Suren Pinto, Founder and CEO of Mediwave stated, "The future of EMS is being shaped right now. The overwhelming response at EMS World reaffirmed our mission in the prehospital care arena. As a first mover in the U.S. with our integrated AI and AR emergency response suite, Mediwave is proud to lead the way in delivering smarter, faster, and more effective emergency care solutions." Mediwave's emergency response technology sets a new global standard for prehospital care. By leveraging AI and AR, the company enhances patient outcomes, operational efficiencies through technology integration for heightened situational awareness, and first responder mastery across the EMS sector and beyond. About Mediwave Headquartered in Singapore, Mediwave is a leading-edge digital healthcare solution provider, driving the future of prehospital emergency care with AI, IoMT, and Mixed Reality technologies designed for first responders and EMS agencies. Learn more: www.mediwave.io
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Lacuna Space: Open for Business In Australia
OXFORD, England, Sept. 19, 2024 /PRNewswire/ -- Lacuna Space is revolutionising satellite technology to provide affordable, global Internet of Things (IoT) connectivity for remote devices and equipment. In an era where connectivity is often limited to densely populated areas, a significant challenge remains in extending this reach to less connected, yet crucial regions. Lacuna Space is at the forefront of addressing this challenge by designing a low-power and battery-efficient device that enables users to send data from even the most remote regions, eliminating the need for traditional infrastructure. Photo by Hamish The battery-efficient IoT devices, which can operate for up to five years on a single charge, make Lacuna's system ideal for long-term monitoring in remote areas. Whether tracking environmental changes, managing agricultural systems, or monitoring equipment performance, Lacuna Space's satellite-enabled IoT ensures reliable, long-term data transmission from anywhere. After several years of close collaboration with Australian regulators, during which Lacuna demonstrated their system and showcased its value, Lacuna Space has now secured the necessary licenses and regulatory approval for commercial operations in Australia. As the sixth-largest country in the world by land area, Australia's vast geographical expanse creates significant challenges in ensuring connectivity across all regions. This makes it an ideal environment for satellite IoT solutions. Agriculture is a particularly dominant industry in Australia, accounting for 55% of land use and 74% of the nation's water resources. Lacuna Space's satellite IoT enables remote, low-cost sensors to transmit critical data via its global constellation, offering insights where traditional infrastructure is impractical. In Northern Queensland, a particularly dry and remote region, Lacuna Space is working with a company to manage water levels and drought conditions. Here, efficient water management is crucial to sustain livestock grazing and support local communities during droughts. By eliminating the need for expensive terrestrial infrastructure, Lacuna's satellite IoT can help provide long-term insights to help mitigate the impact of droughts by ensuring more efficient water and resource management. Lacuna Space is uniquely positioned to address connectivity challenges across vast and remote regions such as Australia. The examples in this article highlight just a few of the potential solutions aimed at overcoming obstacles that are prevalent across Australia. Discover how Lacuna Space can help your business in remote regions – connect with us on LinkedIn or reach out today: https://lacuna-space.com/contact/ Contact:Kitty Howiekitty@lacuna-space.com
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2024 World Manufacturing Conference to feature strong international presence with 31 renowned global companies set to participate
HEFEI, China, Sept. 19, 2024 /PRNewswire/ -- The 2024 World Manufacturing Conference will take place from September 20 to 23, 2024, in Hefei, Anhui Province. A total of 31 well-known companies from 11 countries, including France, South Korea, Germany, the United States, Canada, the Netherlands, and Malaysia, will showcase the latest technologies and achievements in fields such as intelligent manufacturing, automotive components, high-end equipment, and precision devices at the event's international exhibition area. In the outdoor exhibition area, Alstom, a leading French company, will display a full-scale model of its straddle-type monorail. The vehicle, approximately 26 meters long and weighing around 30 tons, is part of the urban rail transit system. It can reach speeds of up to 80 kilometers per hour. It has a construction period half that of a metro system and costs only a third of a metro's total expense. Alstom's straddle-type monorail model, courtesy of Alstom. As a global leader in rail transport solutions, Alstom has achieved significant success in recent years in the Chinese market, particularly in Anhui Province. The company has established a joint venture with CRRC in Wuhu, focusing on the research, development, and production of rail transit vehicles. This partnership has not only brought advanced technology and management expertise to Wuhu but has also accelerated the development of the local rail transit industry. Meanwhile, Germany's Kurz Group will showcase a car interior design co-developed with Swarovski. This design integrates artificial crystal elements with sensor technology, presenting a new concept for intelligent and functional automotive interiors. The automotive industry is Anhui's top priority as it strives to build itself into a manufacturing powerhouse. Kurz Group has already established a production base in Hefei, marking its further expansion into the Chinese market. This facility provides Kurz with manufacturing and logistical advantages close to the Chinese market, offering robust local support for its automotive interior and packaging businesses. South Korea's XIRIUS will unveil the world's first intelligent factory management system based on AI, AR, and XR technologies. This system will present new ideas and solutions for the smart transformation of the manufacturing sector. The conference will also feature a series of exhibitions showcasing Korean consumer products. More than 10 renowned Korean companies will participate in the event, and display items such as cosmetics, ginseng, beverages, food, and musical instruments like guitars. The 2024 World Manufacturing Conference will be held in Hefei from September 20 to 23, with France serving as the guest country of honor. For the first time, over 50% of the distinguished guests are expected to be international representatives. During the event, several key activities will take place, including the 2024 The Belt and Road Global Chambers of Commerce and Associations Conference (GCCAC 2024), the Guest Country of Honor event, and a series of international friendship province/state/city activities.
