Original equipment manufacturer

Syntec Optics (Nasdaq: OPTX) Announces Executive Changes to Support Growth Plan

Retrieved on: 
Monday, April 15, 2024
University, Original equipment manufacturer, Harvard Business School, Engineering, Iowa State University, Indiana University, Robotics, MBA, Management

ROCHESTER, NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and defense and aerospace OEMs, announced today executive-level changes.

Key Points: 
  • ROCHESTER, NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical optics to scientific and technical instruments and defense and aerospace OEMs, announced today executive-level changes.
  • These changes will support its manufacturing excellence for organic growth and build upon its strategic initiatives for future inorganic growth.
  • Mr. Joe Mohr has been appointed Chief Manufacturing Officer, responsible for Syntec Optics sales, business development and revenue growth, and customer manufacturing excellence.
  • The executive change allows Mr. Mohr to focus on manufacturing excellence and customer support, while Mr. Kapoor will focus on other strategic initiatives.

Arqit founders to buy shares

Retrieved on: 
Monday, April 15, 2024
Original equipment manufacturer, Form 6-K, Purchasing, Security (finance)

The purchase price per share is $0.725, which was the closing price of Arqit’s ordinary shares as reported by Nasdaq on 28 March 2024.

Key Points: 
  • The purchase price per share is $0.725, which was the closing price of Arqit’s ordinary shares as reported by Nasdaq on 28 March 2024.
  • This represents an initial purchase under a Purchase Agreement between D2BW Limited and Arqit whereby D2BW Limited would purchase up to an aggregate of 7,586,206 shares at a purchase price per share of $0.725.
  • Additional purchases are conditioned upon D2BW Limited receiving additional proceeds under a loan facility secured by a portion of its shares of Arqit.
  • Including shares held directly by David Williams and David Bestwick and through their foundation, D2BW Limited, David Williams and David Bestwick now together beneficially own 50,792,220, or 30.5%, of Arqit’s total outstanding ordinary shares.

Syntec Optics (Nasdaq: OPTX) Secures Order to Develop New Disposable Optics for Digital Health Treatment

Retrieved on: 
Friday, April 12, 2024
Patient, Original equipment manufacturer, Medical imaging

After nearly three years of concept proposals, Syntec Optics secured the order and plans to install a fully automated advanced production line for this new product.

Key Points: 
  • After nearly three years of concept proposals, Syntec Optics secured the order and plans to install a fully automated advanced production line for this new product.
  • "We are excited to develop and provide the next-generation disposable optics for biomedical camera functionalities that push the boundaries on accuracy," said Louie Salinas, Program Manager at Syntec Optics.
  • Syntec has the automated equipment for intricate replicative manufacturing, a vertically integrated thin-film coating facility, and over twenty years of expertise to be selected to supply mission-critical optics."
  • "Innovative high-performance camera systems with multi-angled, wider field of view and increased imaging detail require highly accurate disposable optics," said Sara Hart, Director of Sales at Syntec Optics.

INVZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, April 12, 2024
Aptiv, News, FY, Complaint, Original equipment manufacturer, Volkswagen, Court, BMW, Perception, Person, Cryptocurrency

Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.

Key Points: 
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Innoviz you have until May 14, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Keyloop completes the acquisition of Automotive Transformation Group (ATG)

Retrieved on: 
Thursday, May 2, 2024
Technology, Vehicle Technology, Automotive, General Automotive, Other Automotive, Software, Data Management, Retail, Online Retail, Fleet Management, Momentum, Acquisition, Multimedia, King & Spalding, Senior, Houlihan Lokey, ATG, Original equipment manufacturer

Keyloop, a global automotive technology company, has today announced the completion of the acquisition of ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.

Key Points: 
  • Keyloop, a global automotive technology company, has today announced the completion of the acquisition of ATG, an innovative provider of automotive technology focused on omnichannel retail solutions.
  • This follows the announcement of entering into a definitive agreement on 10th April 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240502903241/en/
    Keyloop completes the acquisition of Automotive Transformation Group (ATG) (Graphic: Business Wire)
    The acquisition is a significant step in accelerating the delivery of Keyloop’s Experience-First blueprint across the lifetime of vehicle ownership, supporting automotive retailers and OEMs in their delivery of exceptional customer experiences.
  • Keyloop is being advised by King & Spalding and Paul Hastings LLP.

Chemours Discontinues U.S. Sales of Legacy Freon™ Refrigerants 404A and 507

Retrieved on: 
Thursday, May 2, 2024
Sustainability, Environment, Other Manufacturing, Engineering, Chemicals, Plastics, Logistics, Supply Chain Management, Transport, Manufacturing, EPA, GWP, Research, HFC, Original equipment manufacturer, Climate, Chemistry, CC, Renewable energy

Chemours—the inventors of Freon™ and Opteon™ refrigerant portfolios —will discontinue U.S. sales of these select Freon™ products as of May 2, 2024, in support of regulatory phasedown requirements.

Key Points: 
  • Chemours—the inventors of Freon™ and Opteon™ refrigerant portfolios —will discontinue U.S. sales of these select Freon™ products as of May 2, 2024, in support of regulatory phasedown requirements.
  • AIM Act outlines an ambitious phasedown program that demands a significant reduction in HFC sales and consumption with a targeted 40% phase down by 2024.
  • Chemours will continue investing in research and development to drive the innovation of next-generation refrigerants and other sustainable solutions.
  • That is, to drive the market toward more sustainable chemistry by limiting the sales of legacy high global warming potential HFC materials.

Skyworks Reports Q2 FY24 Results

Retrieved on: 
Tuesday, April 30, 2024
Telecommunications, Hardware, Engineering, Consumer Electronics, Technology, IOT (Internet of Things), Semiconductor, Manufacturing, Use, Skyworks Solutions, EDT, Internet of things, AI, Traction, SWKS, Original equipment manufacturer, Oppo, CV2X, GAAP, Growth, Samsung, Mobile phone

Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed-signal semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 29, 2024.

Key Points: 
  • Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog and mixed-signal semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 29, 2024.
  • “Skyworks delivered solid results and strong cash generation in a challenging macroeconomic environment,” said Liam K. Griffin, chairman, chief executive officer and president of Skyworks.
  • Skyworks will host a conference call with analysts to discuss its second quarter fiscal 2024 results and business outlook on April 30, 2024, at 4:30 p.m. EDT.
  • Playback of the conference call will be available on Skyworks’ website at www.skyworksinc.com/investors beginning at 9 p.m. EDT on April 30, 2024.

Legacy MEDSearch Named to the Forbes America’s Best Executive Recruiting and Professional Search Firms 2024 List

Retrieved on: 
Tuesday, April 30, 2024
Professional Services, Medical Devices, Health, Health Technology, Other Health, Human Resources, Medtech, Travel, Original equipment manufacturer, Creative industries

Legacy MEDSearch, founded in 2005, today announced that it was named in two categories of the Forbes list of America’s Best Recruiting and Professional Search Firms 2024, presented by Forbes and Statista, Inc.

Key Points: 
  • Legacy MEDSearch, founded in 2005, today announced that it was named in two categories of the Forbes list of America’s Best Recruiting and Professional Search Firms 2024, presented by Forbes and Statista, Inc.
  • The list cited Legacy MEDSearch, a globally recognized medtech and medical device talent advisory firm that sources top talent for industry leaders, for its excellence in the Executive Recruiting and Professional Recruiting categories.
  • The ranking is based on an independent survey of more than 36,800 external recruiters and 16,000 hiring managers, and candidates.
  • “For the sixth year in a row, Forbes has recognized Legacy MEDSearch for our ability to source every critical leadership role, with our deep expertise in medical devices and a network of more than 500,000 professional profiles,” said Legacy MEDSearch founder and CEO Paula Rutledge.

Bollinger Motors Automates Warranty Operations With Syncron

Retrieved on: 
Tuesday, April 30, 2024
Cloud, Original equipment manufacturer, Automation, Bollinger Motors, OEM, Warranty, Growth, CSX, AI, Marketing

CHICAGO, April 30, 2024 /PRNewswire/ -- Syncron, a leading provider of AI-based aftermarket and OEM after-sales software, today announced that Syncron Warranty has been selected by Bollinger Motors, an American electric commercial truck manufacturer based in Oak Park, Michigan. 

Key Points: 
  • CHICAGO, April 30, 2024 /PRNewswire/ -- Syncron, a leading provider of AI-based aftermarket and OEM after-sales software, today announced that Syncron Warranty has been selected by Bollinger Motors, an American electric commercial truck manufacturer based in Oak Park, Michigan.
  • Bollinger Motors, which will launch the innovative, all-electric Bollinger B4 in the second half of 2024, identified the need for an end-to-end warranty lifecycle partner with deep automotive expertise to help streamline operations while offering industry-leading standards of customer experience.
  • Bollinger Motors also noted trust in the Syncron brand, the Syncron reputation for innovative, robust and flexible OEM solutions and the team's collaborative approach as factors in its decision.
  • With Syncron Warranty, Syncron customers have seen up to a 23% reduction in total warranty spend, a 30% reduction in claims processing time and a 58% increase in supplier recovery.

Bollinger Motors Automates Warranty Operations With Syncron

Retrieved on: 
Tuesday, April 30, 2024
Cloud, Original equipment manufacturer, Automation, Bollinger Motors, OEM, Warranty, Growth, CSX, AI, Marketing

CHICAGO, April 30, 2024 /PRNewswire/ -- Syncron, a leading provider of AI-based aftermarket and OEM after-sales software, today announced that Syncron Warranty has been selected by Bollinger Motors, an American electric commercial truck manufacturer based in Oak Park, Michigan. 

Key Points: 
  • CHICAGO, April 30, 2024 /PRNewswire/ -- Syncron, a leading provider of AI-based aftermarket and OEM after-sales software, today announced that Syncron Warranty has been selected by Bollinger Motors, an American electric commercial truck manufacturer based in Oak Park, Michigan.
  • Bollinger Motors, which will launch the innovative, all-electric Bollinger B4 in the second half of 2024, identified the need for an end-to-end warranty lifecycle partner with deep automotive expertise to help streamline operations while offering industry-leading standards of customer experience.
  • Bollinger Motors also noted trust in the Syncron brand, the Syncron reputation for innovative, robust and flexible OEM solutions and the team's collaborative approach as factors in its decision.
  • With Syncron Warranty, Syncron customers have seen up to a 23% reduction in total warranty spend, a 30% reduction in claims processing time and a 58% increase in supplier recovery.