Bridge

South Korea’s Joowon Industrial Selects Aeva 4D LiDAR for Automated Power Line Inspection Program

Retrieved on: 
Tuesday, March 12, 2024

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected Aeva’s Aeries II 4D LiDAR for its automated power line inspection and analysis system.

Key Points: 
  • Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected Aeva’s Aeries II 4D LiDAR for its automated power line inspection and analysis system.
  • View the full release here: https://www.businesswire.com/news/home/20240312664246/en/
    A vehicle equipped with Joowon TADS and Aeva 4D LiDAR for power line inspection (Graphic: Business Wire)
    Power line inspection and analysis is a crucial yet predominantly manual process for most utilities.
  • TADS empowers electric contracting companies to achieve approximately 80% savings on overhead power line inspection and management.
  • Recently, Joowon's TADS system adopted Aeva’s 4D LiDAR technology to construct a multi-dimensional model of power lines and the surrounding vegetation swiftly and accurately.

Gauntlet Funding Ventures into Florida and Beyond, Offering Unparalleled Hard Money Lending Solutions for Real Estate Deals

Retrieved on: 
Wednesday, March 27, 2024

With a proven track record of facilitating real estate transactions with agility and expertise, Gauntlet Funding aims to bring its innovative lending solutions to investors and developers in new markets.

Key Points: 
  • With a proven track record of facilitating real estate transactions with agility and expertise, Gauntlet Funding aims to bring its innovative lending solutions to investors and developers in new markets.
  • With its entrance into Florida , Gauntlet Funding is poised to revolutionize the lending landscape by offering customized solutions tailored to the unique needs of investors in the region.
  • "Expanding into Florida and beyond represents an exciting milestone for Gauntlet Funding," said Lou Forino, Managing Director at Gauntlet Funding.
  • With its entrance into Florida and plans for further expansion, Gauntlet Funding reaffirms its commitment to empowering investors and developers with the financial resources necessary to thrive in dynamic real estate markets.

China Passenger Car Electronic Control Suspension Industry Research Report 2024: Assembly Volume of Air Suspension Increased 113% y-o-y in 2023,The Magic Carpet Suspension of Independent Brands

Retrieved on: 
Friday, March 15, 2024

DUBLIN, March 15, 2024 /PRNewswire/ -- The "China Passenger Car Electronic Control Suspension Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "China Passenger Car Electronic Control Suspension Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Research on Electronic Control Suspension: The assembly volume of Air Suspension increased by 113% year-on-year in 2023, and the magic carpet suspension of independent brands achieved a breakthrough
    The publisher published 'China Passenger Car Electronic Control Suspension Industry Research Report, 2024', which combs Electronic Control Suspension industry chain and its applications, reflects the current market development situation and forecast future development trend.
  • Electronic Control Suspension can be divided into full active suspension and semi-active suspension according to whether it contains power source.
  • Driven by emerging auto brands, the assembly volume of Air Suspension in 2023 exceeded 600,000 units, a surge of 113.1%.

UPPER DECK DROPS NEW GOLF TRADING CARDS, HIGHLIGHTS SUPERSTARS AND LEGENDS OF THE SPORT

Retrieved on: 
Thursday, March 14, 2024

CARLSBAD, Calif., March 14, 2024 /PRNewswire/ --Upper Deck, the worldwide leader in sports and entertainment collectibles, released Upper Deck Golf, its newest trading card series celebrating golf's greatest athletes. Upper Deck Golf features a wide range of golf's most familiar names, from current and rising superstars like Viktor Hovland, Max Homa, Brooke Henderson and Collin Morikawa, to iconic legends like Tiger Woods. This release is the first of four, along with SP Game-Used Golf, Upper Deck Portfolio Golf, and Fleer Ultra Golf.

Key Points: 
  • Upper Deck launches its flagship golf collection, Upper Deck Golf, for the first time since 2004 featuring Viktor Hovland, Brooke Henderson and Collin Morikawa
    CARLSBAD, Calif., March 14, 2024 /PRNewswire/ --Upper Deck, the worldwide leader in sports and entertainment collectibles, released Upper Deck Golf, its newest trading card series celebrating golf's greatest athletes.
  • Upper Deck Golf features a wide range of golf's most familiar names, from current and rising superstars like Viktor Hovland, Max Homa, Brooke Henderson and Collin Morikawa, to iconic legends like Tiger Woods.
  • This release is the first of four, along with SP Game-Used Golf, Upper Deck Portfolio Golf, and Fleer Ultra Golf.
  • Upper Deck Golf is now available for purchase at Upper Deck Certified Diamond Dealer hobby shops.

Biote Announces Agreement to Resolve Litigation and Repurchase All of Founder’s Shares

Retrieved on: 
Tuesday, February 20, 2024

In connection with this agreement, Biote will repurchase all of the Class A common units of Biote Holdings, LLC (“Holdings Units”), shares of Class V common stock of the Company (“Class V Shares” and together with the Holdings Units, “Paired Interests”) and shares of Class A common stock of the Company (“Class A Shares”) currently beneficially owned by Donovitz.

Key Points: 
  • In connection with this agreement, Biote will repurchase all of the Class A common units of Biote Holdings, LLC (“Holdings Units”), shares of Class V common stock of the Company (“Class V Shares” and together with the Holdings Units, “Paired Interests”) and shares of Class A common stock of the Company (“Class A Shares”) currently beneficially owned by Donovitz.
  • Terry Weber, Biote Chief Executive Officer, commented, “We are pleased to reach this agreement that not only resolves protracted and costly litigation, but also enables us to repurchase a substantial portion of our outstanding shares.
  • Supported by our strong capital position and cash generation, we are well positioned to execute this share repurchase that we believe will be accretive to shareholder value.
  • Biote maintains its existing $20 million share repurchase authorization, which is distinct from the share repurchase agreement with Donovitz.

GiraffeG4 Sentinel Systems Expands Its Coverage Territory

Retrieved on: 
Wednesday, March 6, 2024

The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.

Key Points: 
  • The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.
  • GiraffeG4 Sentinel Systems is currently discussing options with several Fleet Telematics Systems.
  • Frank Nugent, CEO of GiraffeG4 said, "Drivers are going to like the help the Sentinel System gives, it looks out for them."
  • The GiraffeG4 Sentinel System has over 1000 "low clearance" hazards and Parkway entrances in the lower 48 States covered in its database.

Greystone Provides $15.4 Million in Value-Add Bridge Financing for Texas Multifamily Portfolio

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided $15,400,000 in Bridge-to-Agency financing for a five-property multifamily portfolio in Texas.

Key Points: 
  • NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided $15,400,000 in Bridge-to-Agency financing for a five-property multifamily portfolio in Texas.
  • The multifamily portfolio, built between the 1960s and 1970s, consists of three properties located in Sherman, Texas, and two in Denison, Texas.
  • Totaling 189 units, the properties will receive both interior and exterior renovations to improve operations, and then move toward a permanent exit with Agency financing from Greystone.
  • The interest-only bridge financing carries a two-year term with two, six-month extension options.

Seventy-Eight Percent of Retailers Plan to Improve General-Purpose Credit Card Installments Acceptance To Meet Growing Consumer Demand, According to New Report

Retrieved on: 
Wednesday, February 14, 2024

ATLANTA, Feb. 14, 2024 /PRNewswire/ -- General-purpose credit card installment plans are a reliable route to increased sales and improved customer satisfaction, according to new research from Splitit and PYMNTS. The report, Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape finds that 78% of merchants intend to improve, or are currently improving, their ability to accept these payments. Fewer declined transactions and faster processing times are two of the benefits to card-attached installments cited by 48% of the merchants surveyed, while 44% of the acquirers surveyed cite greater transparency in payment processes. While nearly one-third of the merchants surveyed believe that consumers will spend more when using general purpose credit card installments, 76% of merchants expect the consumers' use of card-attached installment plans to increase.

Key Points: 
  • "Although some disconnects between merchants, acquirers, and consumers were found in the report, the future is very bright for card-attached installments.
  • Nearly two-thirds (64%) of consumers earning over $100,000 annually use installment plans, challenging assumptions about credit card use and income.
  • Merchants report that consumers prefer to use general-purpose credit card installment plans for larger ticket items, while using legacy BNPL options for smaller purchases.
  • 57% of merchants report that general-purpose credit card installments were used to purchase home furnishings.

WASHINGTON STATE HAS SIX OF THE NATION'S WORST BOTTLENECKS

Retrieved on: 
Tuesday, February 13, 2024

WASHINGTON, Feb. 13, 2024 /PRNewswire/ -- The American Transportation Research Institute today released its 13th annual list highlighting the most congested bottlenecks for trucks in America, and Washington placed six locations on the list.

Key Points: 
  • WASHINGTON, Feb. 13, 2024 /PRNewswire/ -- The American Transportation Research Institute today released its 13th annual list highlighting the most congested bottlenecks for trucks in America, and Washington placed six locations on the list.
  • "ATRI's annual analysis uses real-word data to clearly show where infrastructure investment will have the greatest payoff."
  • The 2024 Top Truck Bottleneck List measures the level of truck-involved congestion at over 325 locations on the national highway system.
  • "The freight bottlenecks identified in this report provide an actionable blueprint for state and federal transportation officials on where to invest infrastructure funding most cost-effectively.

RDI Technologies Announces the Launch of Iris Edge: Revolutionizing Vibration Analysis

Retrieved on: 
Tuesday, February 13, 2024

KNOXVILLE, Tenn., Feb. 13, 2024 /PRNewswire/ -- RDI Technologies , a pioneer in camera-based advanced vibration analysis solutions, is proud to announce the launch of its latest innovation, Iris Edge™ .

Key Points: 
  • KNOXVILLE, Tenn., Feb. 13, 2024 /PRNewswire/ -- RDI Technologies , a pioneer in camera-based advanced vibration analysis solutions, is proud to announce the launch of its latest innovation, Iris Edge™ .
  • Iris Edge™ is a camera-based vibration analysis tool that collects large-scale data and seamlessly transmits it to your IoT platform.
  • Key Benefits of Iris Edge:
    Easy and flexible deployment through PoE, pan-tilt and autofocus
    "We are excited to bring Iris Edge™ to the market," said Jeff Hay, CEO of RDI Technologies.
  • Iris Edge™ is more than just a vibration analysis tool; it's a testament to RDI Technologies' mission to deliver cutting-edge camera technology to reliability, predictive maintenance, and test and measurement industrial settings.