Bridge

Parliamentary Secretary to the Minister of Transport announces improvements to Canada's supply chain by alleviating key corridor bottlenecks

Retrieved on: 
Wednesday, December 20, 2023

Today, on behalf of the Minister of Transport, Pablo Rodriguez, Vance Badawey, Parliamentary Secretary to the Minister of Transport and Member of Parliament for Niagara Centre, announced an investment of over $12 million through the National Trade Corridors Fund.

Key Points: 
  • Today, on behalf of the Minister of Transport, Pablo Rodriguez, Vance Badawey, Parliamentary Secretary to the Minister of Transport and Member of Parliament for Niagara Centre, announced an investment of over $12 million through the National Trade Corridors Fund.
  • The six projects that received funding will improve Canadian supply chain efficiency by alleviating bottlenecks in key corridors.
  • "Our trade relationship with the U.S. is vital to strengthening our international trade performance and the prosperity of our middle class.
  • Through the National Trade Corridors Fund, Transport Canada is supporting improvements to Canada's roads, rail, air, and marine shipping routes to foster domestic and international trade.

RDI® Elevation™ Rail from Barrette Outdoor Living® Selected as 2023 Product Innovation Award (PIA) Winner

Retrieved on: 
Tuesday, December 19, 2023

CLEVELAND, Dec. 19, 2023 /PRNewswire/ -- Barrette Outdoor Living®, a division of Oldcastle APG®, announced that RDI® Elevation™ Rail has been selected a 2023 Product Innovation Award (PIA) winner by Architectural Products.

Key Points: 
  • CLEVELAND, Dec. 19, 2023 /PRNewswire/ -- Barrette Outdoor Living®, a division of Oldcastle APG®, announced that RDI® Elevation™ Rail has been selected a 2023 Product Innovation Award (PIA) winner by Architectural Products.
  • RDI Elevation Rail — an innovative horizontal cable railing system that installs 38% faster than leading competition* — was selected from a record-breaking number of submissions.
  • "We are thrilled to be chosen as a PIA Award winner," said Patrick Ianni, Vice President, Customer Operations and Product Development, Barrette Outdoor Living.
  • "Their insights are such a critical piece of what makes the Product Innovation Awards unique and informative for our readers."

Ethernet and IP Testing Software for LANs and WANs

Retrieved on: 
Thursday, November 16, 2023

This cost-effective real-time testing solution is designed for Local Area Networks (LANs) and Wide Area Networks (WANs).

Key Points: 
  • This cost-effective real-time testing solution is designed for Local Area Networks (LANs) and Wide Area Networks (WANs).
  • GL’s PacketCheck™ is a versatile, user-friendly PC-based Ethernet and IP software program designed for testing and verifying LANs and WANs.
  • “PacketCheck™ offers extensive Ethernet testing, covering all protocol layers, from basic Ethernet frames to stacked VLAN, MPLS, and IP packets with UDP data.
  • It uses the PC’s Network Interface Card (NIC) to send and receive Ethernet and IP packets on LANs and WANs,” said Vijay Kulkarni, CEO of GL Communications.

Navitas Highlights Leading-Edge, Next-gen Industrial Power at Munich Power Semiconductor User Forum 2023

Retrieved on: 
Thursday, November 16, 2023

TORRANCE, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) , the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced its participation in the Power Semiconductor User Forum , organized by WEKA Fachmedien on November 22nd -23rd, 2023.

Key Points: 
  • TORRANCE, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS) , the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced its participation in the Power Semiconductor User Forum , organized by WEKA Fachmedien on November 22nd -23rd, 2023.
  • Alfred Hesener, Senior Director of Industrial and Consumer Applications will explore “Reliability and Cost-of-Ownership Optimization in Industrial Power Supplies,” on November 23rd at 1:45 p.m. CET.
  • Navitas’ GaNFast power ICs integrate GaN power and drive with control, sensing, and protection to enable faster charging, higher power density, greater energy savings and system cost reduction.
  • “For industrial power designers, the WEKA forum highlights leading-edge, reliable technology for drives, pumps, chargers and power conversion, using GaN and SiC,” said Mr. Hesener.

Hesai Group Reports Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, November 13, 2023

SHANGHAI, China, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended September 30, 2023.

Key Points: 
  • In the third quarter, our net revenues increased by 33.5% year-over-year, reaching another record high of RMB445.6 million (US$61.1 million).
  • We achieved this growth against the high comparable third quarter last year, which benefited from the bounce-back after the Shanghai Covid lockdowns in the second quarter of 2022.
  • On April 11, 2023, Ouster filed a complaint with the ITC alleging that Hesai infringed on its lidar IP and seeking to enjoin the import of Hesai lidars into the U.S.
    On June 22, 2023, Hesai filed a motion to terminate the ITC Action.
  • Hesai lidars are not sold to the military and use in military applications is expressly forbidden in Hesai contracts.

Operata Launches AI-powered CX Observability Copilots Fueled by a Trillion Contact Center Data Points

Retrieved on: 
Monday, November 27, 2023

Tenor AI is fueled by Operata’s fast-growing trove of data, built on more than 270 million customer interactions, 650 million agent minutes, and 1 trillion data points.

Key Points: 
  • Tenor AI is fueled by Operata’s fast-growing trove of data, built on more than 270 million customer interactions, 650 million agent minutes, and 1 trillion data points.
  • A natural language CX Copilot to interact with CX Observability data and surface unique data correlations.
  • Operata surfaces insights and delivers guidance for improving CX by drawing correlations across historically siloed technical, operations, and experience data.
  • Open-ended natural language interaction fueled by Large Language Models (LLMs) and harmonized Operata data to answer specific, detailed, and complex questions about contact center performance.

Unity Further Supports Creators Across the Game Development Cycle With New AI Features, A First Look at Unity 6, and The Debut of Unity Cloud

Retrieved on: 
Thursday, November 16, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Earlier this year, Unity announced the launch of AI-powered platforms Unity Muse and Unity Sentis in closed beta.
  • While Unity Muse helps improve developers’ workflows, Unity Sentis enables developers to bring complex AI data models into the Unity Runtime to help solve complicated tasks and create new functionality in a game using AI models.
  • Now in open beta, Unity Sentis will be launched in general availability with Unity 6 in 2024.
  • “We are here to help developers build amazing games and find success,” says Marc Whitten, President Create, Unity.

BNSF Railway Announces Three New Certified Sites

Retrieved on: 
Wednesday, November 15, 2023

Today, BNSF Railway Company awarded three new locations for its Certified Sites designation.

Key Points: 
  • Today, BNSF Railway Company awarded three new locations for its Certified Sites designation.
  • The newly designated sites, located in Fort Madison, Iowa, Glenwood, Iowa, and De Soto, Kansas, feature acreage ready for industrial development.
  • The Certified Sites program is a strategic approach that addresses the increasing demand for customer site locations by developing various types of facilities across BNSF’s network.
  • An industry expert reviews BNSF Certified Sites to ensure accurate, reliable data.

PreAct Mojave Flash LiDAR to be Distributed Globally by Arrow Electronics

Retrieved on: 
Tuesday, November 14, 2023

PreAct Technologies (PreAct), an Oregon-based developer of near-field flash LiDAR technology, today announced that its Mojave flash LiDAR sensor will be available through Arrow Electronics, a global provider of technology products, services, and solutions.

Key Points: 
  • PreAct Technologies (PreAct), an Oregon-based developer of near-field flash LiDAR technology, today announced that its Mojave flash LiDAR sensor will be available through Arrow Electronics, a global provider of technology products, services, and solutions.
  • Mojave is the only flash LiDAR designed to meet the stringent needs of sensors in robotics, agriculture and other industrial applications.
  • Mojave is currently available for pre-order through Brevan Electronics, and will also be available through DigiKey and Amazon.
  • For Mojave LiDAR specs, or to place a pre-order, visit www.preact-tech.com/mojave .

NUBURU Announces $5.5 Million Bridge Financing

Retrieved on: 
Tuesday, November 14, 2023

NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has entered into a secured bridge loan agreement (the “Bridge Loan” or “Bridge Financing”) with existing investors and a new institutional investor.

Key Points: 
  • NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has entered into a secured bridge loan agreement (the “Bridge Loan” or “Bridge Financing”) with existing investors and a new institutional investor.
  • The Bridge Financing with a principal amount of $5.5 million is intended to finance the Company until it secures long-term credit financing, which is anticipated in the near term.
  • Brian Knaley, CEO of NUBURU, commented: “I want to thank our existing and newly participating investors for their trust and commitment.
  • Northland Capital Markets acted as sole placement agent on the institutional investor portion of the Bridge Financing.