Radio frequency

AI in MRI Scans Offers Growth Avenues in MRI Scanners and Accessories Industry - Grand View Research, Inc.

Retrieved on: 
Monday, April 10, 2023

Industry leaders have furthered their investments in MRI coils following the surge in the aging population and soaring cases of chronic diseases.

Key Points: 
  • Industry leaders have furthered their investments in MRI coils following the surge in the aging population and soaring cases of chronic diseases.
  • Additionally, in January 2023, NYU Langone Health cited its study inferring that AI can reconstruct missing data from rapid MRI scans.
  • These research activities have solidified the penetration of AI in MRI scans, propelling North America's position in the global market.
  • The investment will remain pivotal in the growth of indigenous MRI technology to offer the next-gen and cost-effective option.

LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation '5G-V2X Cellular Module'

Retrieved on: 
Thursday, April 6, 2023

"Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value"

Key Points: 
  • "Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value"
    From the development of this new product supporting the ultra-high speed 5G vehicle communication, LG Innotek is now able to accelerate the target on the self-driving car components market.
  • This is the reason why '5G-V2X Cellular Module' considered to be an essential element for safety in autonomous driving.
  • LG Innotek sophisticated the temperature control algorithm to minimize the high frequency 5G signal loss due to direct sunlight and heat.
  • By strengthening the compatibility of the product, LG Innotek secured more favorable position in attracting customers for the self-driving vehicle components.

LG Innotek preoccupying the autonomous driving vehicle components market with 2nd generation '5G-V2X Cellular Module'

Retrieved on: 
Thursday, April 6, 2023

"Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value"

Key Points: 
  • "Will continue to introduce innovative components for the autonomous driving vehicles, to create differentiated customer value"
    From the development of this new product supporting the ultra-high speed 5G vehicle communication, LG Innotek is now able to accelerate the target on the self-driving car components market.
  • This is the reason why '5G-V2X Cellular Module' considered to be an essential element for safety in autonomous driving.
  • LG Innotek sophisticated the temperature control algorithm to minimize the high frequency 5G signal loss due to direct sunlight and heat.
  • By strengthening the compatibility of the product, LG Innotek secured more favorable position in attracting customers for the self-driving vehicle components.

Aehr Reports Record Quarterly Bookings Driven by Demand for Wafer Level Test and Burn-in of Semiconductors for Electric Vehicles

Retrieved on: 
Thursday, March 30, 2023

Bookings were $33.3 million, the highest quarterly bookings in the Company’s history.

Key Points: 
  • Bookings were $33.3 million, the highest quarterly bookings in the Company’s history.
  • We finished the quarter with record bookings for a single quarter of $33.3 million and a strong backlog of $31.6 million.
  • Total bookings for the fiscal year to date including over $9 million in bookings received in March is $72.5 million.
  • Aehr also continues to expect bookings to grow faster than revenues in fiscal 2023 as the ramp in demand for silicon carbide in electric vehicles increases exponentially throughout the decade.

CNH Industrial to acquire Hemisphere GNSS

Retrieved on: 
Thursday, March 30, 2023

CNH Industrial announces that it has entered into an agreement to purchase Hemisphere GNSS (Hemisphere), a global leader in high-performance satellite positioning technology, currently owned by Unistrong, a company incorporated in the People’s Republic of China.

Key Points: 
  • CNH Industrial announces that it has entered into an agreement to purchase Hemisphere GNSS (Hemisphere), a global leader in high-performance satellite positioning technology, currently owned by Unistrong, a company incorporated in the People’s Republic of China.
  • “This move enhances our automation and autonomy tech stack and broadens our talent pool,” said Marc Kermisch, Chief Digital & Information Officer at CNH Industrial.
  • “Our team is excited to combine resources and talent with CNH Industrial.
  • This enables us to further enhance our technology and product development in core GNSS, agriculture, construction, marine and machine control markets, and to directly integrate our technology with CNH Industrial’s world class equipment,” said Farlin Halsey, President and CEO at Hemisphere GNSS.

Gresham Worldwide Fourth Quarter 2022 Bookings Exceed $8 Million

Retrieved on: 
Tuesday, March 28, 2023

SCOTTSDALE, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- Giga-tronics, Inc. d/b/a Gresham Worldwide (OTCQB: GIGA) (“Gresham”), a provider of purpose-built electronic technology solutions for defense and other mission critical applications, today announced its global new business bookings exceeded $8 million for the most recent quarter ending December 31, 2022.

Key Points: 
  • For the fiscal year ended 2022, Gresham had a backlog of approximately $30 million, up from $25 million for the prior fiscal year, providing a pathway for stable growth.
  • The recent share exchange between Giga-tronics and Gresham Worldwide expanded both Gresham’s customer base and portfolio of solutions.
  • Power Electronics & Displays: New business bookings for power electronics and display solutions at Gresham's operating companies exceeded $2.783 million for Q4 2022.
  • RF Solutions: Gresham RF Solutions business units generated over $2.265 million in bookings for new orders in Q4 2022.

Tempo Automation Announces Definitive Agreement to Acquire Optimum Design Associates Extending Its Accelerated Manufacturing Platform to Electronic Design Services

Retrieved on: 
Monday, March 27, 2023

SAN FRANCISCO, March 27, 2023 (GLOBE NEWSWIRE) -- Tempo Automation Holdings, Inc. (NASDAQ: TMPO, “Tempo Automation” or “Tempo”), a leading software-accelerated electronics manufacturer, announced today that it has entered into a definitive agreement to acquire Optimum Design Associates, Inc. and Optimum Design Associates Pty.

Key Points: 
  • SAN FRANCISCO, March 27, 2023 (GLOBE NEWSWIRE) -- Tempo Automation Holdings, Inc. (NASDAQ: TMPO, “Tempo Automation” or “Tempo”), a leading software-accelerated electronics manufacturer, announced today that it has entered into a definitive agreement to acquire Optimum Design Associates, Inc. and Optimum Design Associates Pty.
  • Ltd. (collectively “Optimum” or “Optimum Design Associates”), a fast-growing electronic design services company with offices in the United States and Australia that has delivered over 10,000 printed circuit board (PCB) designs to blue-chip customers.
  • Tempo believes that the opportunities to cross-sell design and manufacturing services will be natural synergies for the combined company.
  • Tempo recently added powerful new tools to its Accelerated Electronics Manufacturing Platform, enabling its customers to hedge against electronics components market volatility.

Wireless Mesh Network Global Market Report 2023: Security System Integrators Presents Opportunities for Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 14, 2023

The global wireless mesh network market size is expected to reach USD 15.95 billion by 2030, registering a CAGR of 8.6% from 2023 to 2030.

Key Points: 
  • The global wireless mesh network market size is expected to reach USD 15.95 billion by 2030, registering a CAGR of 8.6% from 2023 to 2030.
  • The increasing adoption of wireless communication mediums and the usage of IoT and Artificial Intelligence (AI) have been major factors driving the global market growth.
  • In addition, the growing opportunities in the oil & gas industries and the development of smart cities & infrastructure have led to increased adoption of Wireless Mesh Networks (WMN).
  • North America dominated the global industry in 2022 and will remain dominant during the forecast period due to tremendous growth in WMN technology in the U.S. and Canada
    Chapter 3 Wireless Mesh Network Market Variables, Trends & Scope
    Chapter 4 Wireless Mesh Network: Radio Frequency Outlook
    4.1 Wireless Mesh Network Market Share by Radio Frequency, 2021 & 2030

Jemtec signs 5 Year Agreement with Government of Saskatchewan

Retrieved on: 
Thursday, March 2, 2023

Jemtec will provide CPPS with a Central Monitoring System (CMS) system needed to support the program in combination with cellular Radio Frequency (RF) monitoring in addition to non-cellular RF as well as GPS (Global Positioning System) units.

Key Points: 
  • Jemtec will provide CPPS with a Central Monitoring System (CMS) system needed to support the program in combination with cellular Radio Frequency (RF) monitoring in addition to non-cellular RF as well as GPS (Global Positioning System) units.
  • This solution will provide CPPS with a modern, highly configurable, secure, flexible and expandable solution capable of supporting both the current and future business needs of the organization through improved functionality and technology.
  • This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions.
  • Such forward - looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company.

Baicells Announces Quanta Program to Build its Own System Level Chips

Retrieved on: 
Wednesday, March 1, 2023

PLANO, Texas, March 1, 2023 /PRNewswire/ -- Baicells Technologies, a global provider of LTE and 5G network solutions, has announced its Quanta program to build its own system level chips in house to accelerate its go to market. The Quanta system on a chip program will offer several critical benefits like lower product cost, lower power requirements, and smaller physical footprint, that can be realized by Baicells customers going forward.

Key Points: 
  • PLANO, Texas, March 1, 2023 /PRNewswire/ -- Baicells Technologies, a global provider of LTE and 5G network solutions, has announced its Quanta program to build its own system level chips in house to accelerate its go to market.
  • The Quanta system on a chip program will offer several critical benefits like lower product cost, lower power requirements, and smaller physical footprint, that can be realized by Baicells customers going forward.
  • The program will deliver its first products, the Quanta BCR200 and Quanta BCTR100, in Q2 2023.
  • The Quanta BCR200 is a low cost and low power RRU (Remote Radio Unit) system level on a chip.