Advanced Technology Development Center

Cathay Financial Holdings Announces Its Digital Users Surpass 8.6 Million, Making Customers the Biggest Winners of Digital Transformation

Retrieved on: 
Thursday, October 5, 2023

TAIPEI, Oct. 5, 2023 /PRNewswire/ -- As technology reshapes financial institutions worldwide, companies with strong technological capabilities are positioned to take the lead. Underscoring this important role technology is playing, Cathay Financial Holdings (Cathay FHC) recently held its Annual Conference on Technology on September 20, centering on the theme of "Integrating Technology for an Inclusive New Intelligence." Attracting over 2,000 participants both online and offline, this year's Conference focused on the "ABCDEs" of major technologies and trends — AI, Blockchain, Cloud, Data, and Ecosystems.

Key Points: 
  • He also mentioned that digital transformation is an "endurance race with constantly changing goals and no finish line."
  • Having begun its major push for digital transformation eight years ago with the Digital Data and Technology Development Center (DDT), Cathay FHC has been empowering the digital, data, and technology sectors for some time.
  • As a result of these efforts, the total digital users across all businesses under the Cathay Group now exceed 8.6 million.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/cathay-financial-holdings-annou...
    SOURCE Cathay Financial Holdings Co., Ltd.

Lucid Scientific Secures $7 Million Series A Financing Led by IAG Capital Partners

Retrieved on: 
Tuesday, September 26, 2023

Lucid Scientific, a life science instruments company that manufactures Resipher, announced the completion of a $7 million Series A financing led by IAG Capital Partners.

Key Points: 
  • Lucid Scientific, a life science instruments company that manufactures Resipher, announced the completion of a $7 million Series A financing led by IAG Capital Partners.
  • Additional participants include Lucid’s original investor base, the Georgia Research Alliance’s Venture Fund, and Dynamk Capital, bringing Lucid’s total funding to date to approximately $13 million.
  • Headquartered in Atlanta, GA at the Advanced Technology Development Center (ATDC), Lucid is supported by public and private sources including IAG Capital Partners, Dynamk Capital and the GRA Venture Fund.
  • lucidsci.com
    IAG Capital Partners is based in Charleston, South Carolina and partners with innovative leaders to build companies that will change the world.

TURBINE MAKES HISTORY AS FIRST COLUMBUS, GA COMPANY INDUCTED INTO ATDC

Retrieved on: 
Tuesday, August 22, 2023

Turbine's inclusion in ATDC marks a significant stride for them and accentuates Columbus's growing startup ecosystem.

Key Points: 
  • Turbine's inclusion in ATDC marks a significant stride for them and accentuates Columbus's growing startup ecosystem.
  • Emilie Schario, who founded Turbine in 2022, envisioned it as the streamlined ERP solution for firms handling physical inventories.
  • "Joining ATDC is both an honor and a pivotal milestone for Turbine.
  • Alex Rhodeen, the Supply Chain catalyst at ATDC, remarks, "Turbine exemplifies the innovation and potential of Georgia startups.

Armada Hoffler Finalizes the $215 Million Acquisition of The Interlock in Atlanta’s West Midtown

Retrieved on: 
Monday, May 22, 2023

VIRGINIA BEACH, Va., May 22, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) completed the previously announced $215 million addition to its greater Atlanta portfolio by closing the purchase of a Class A commercial mixed use development at The Interlock in West Midtown.

Key Points: 
  • VIRGINIA BEACH, Va., May 22, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) completed the previously announced $215 million addition to its greater Atlanta portfolio by closing the purchase of a Class A commercial mixed use development at The Interlock in West Midtown.
  • “We are thrilled to complete this transaction, which is immediately accretive, reinforcing our core focus on prime mixed-use real estate,” said Louis Haddad, President and CEO of Armada Hoffler.
  • Georgia Advanced Technology Ventures, a cooperative non-profit organization of Georgia Tech, further enhances The Interlock with its 50,000-square-foot anchor tenancy.
  • The Interlock is home to the Institute’s Encore operation, which is an extension of their Advanced Technology Development Center (ATDC).

Bullen Ultrasonics Investing in Ohio-based R&D Facility Expansion

Retrieved on: 
Monday, January 9, 2023

EATON, Ohio, Jan. 9, 2023 /PRNewswire/ -- Bullen Ultrasonics announced plans to expand its Technology Development Center (TDC) in Eaton to support critical industry sector growth in semiconductor manufacturing, aerospace composites, and micro-electromechanical systems (MEMS). With the support of JobsOhio, the state's private economic development corporation, and the City of Eaton, Bullen will invest more than $14 million to expand the TDC and in new technologies advancing R&D efforts.

Key Points: 
  • "Bullen Ultrasonics has a history of making bold advancements to have a positive impact on our community and the industries we serve.
  • We value the importance of investing into our employees, our technologies, and our facilities in order to support our customers," Bullen President Tim Beatty said.
  • Founded in 1971, Eaton-based Bullen Ultrasonics is a family-owned and operated ultrasonic machining company that grew from humble beginnings into a machining powerhouse and globally recognized industry leader.
  • "The City of Eaton is very excited about Bullen Ultrasonics' latest announcement," said Bradley Collins, City Manager for City of Eaton.

Qualytics Raises $2.5M to Help Enterprises Improve Data Quality

Retrieved on: 
Thursday, December 22, 2022

Our novel approach applies ML-generated record-level data quality rules to identify anomalies as close to the source as possible and enables our customers to proactively address their data quality."

Key Points: 
  • Our novel approach applies ML-generated record-level data quality rules to identify anomalies as close to the source as possible and enables our customers to proactively address their data quality."
  • The Qualytics team has built an amazing product to help data teams and subject matter experts manage and collaborate on data quality at scale.
  • Data quality is a consistently growing problem for enterprises of all shapes and sizes, and Qualytics' ML-first approach to managing rules and workflows associated with quality of data within the ever-growing complexity of the enterprise data ecosystem is already showing great impact with early customers".
  • Qualytics provides a scalable solution for the entire data quality lifecycle, enabling Subject Matter Experts and Data Engineers to collaborate on data quality at scale through advanced automation and intelligent workflows.

Everspin Explores Domestic Trusted Manufacturing Expansion

Retrieved on: 
Monday, November 21, 2022

Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location.

Key Points: 
  • Everspin plans to work with the local research community to enhance domestic research for MRAM technology development, creating a Technology Development Center at the proposed Indiana-based location.
  • Everspin is in a unique position to leverage its significant MRAM patent portfolio; 15 year history of manufacturing MRAM domestically and 10 year history of manufacturing MRAM as a BEOL foundry service for commercial and DoD applications.
  • Expanding the capacity of MRAM manufacturing domestically is of strategic benefit for Everspin and its commercial and US Government partners.
  • When funding is fully secured, Everspin will kick off the activities to move this exciting project forward, says Sanjeev Aggarwal, Everspin President & CEO.

Zonar Named a Top Company for Women to Work for in Transportation

Retrieved on: 
Monday, November 14, 2022

"We're honored to be recognized as a Top Company for Women to Work for in Transportation and continue our close partnership with the Women in Trucking Association," said Jill Snyder, director of safety and compliance at Zonar. "Receiving this award for the second year in a row validates what Zonar strives for every day: valuing every member of our team by creating an environment for growth and development--particularly by providing balance for our female team members in a traditionally male-dominated field."

Key Points: 
  • Zonar prioritizes commitment to the recruitment, success, and career longevity of women in the trucking industry
    SEATTLE, Nov. 14, 2022 /PRNewswire-PRWeb/ -- Zonar, the leader in smart mobility solutions, today announced it has been named a Top Company for Women to Work for in Transportation by the Women in Trucking Association .
  • The annual WIT award honors companies that attract and retain women in the trucking industry, and which demonstrate a commitment to continually improving work environments.
  • "We're honored to be recognized as a Top Company for Women to Work for in Transportation and continue our close partnership with the Women in Trucking Association," said Jill Snyder, director of safety and compliance at Zonar.
  • Founded in 2001, Zonar has pioneered smart fleet management solutions throughout vocational, pupil, mass transit and commercial trucking industries.

Zonar Announces Truckers Against Trafficking App Integration for In-Cab Tablets

Retrieved on: 
Monday, November 14, 2022

SEATTLE , Nov. 14, 2022  /PRNewswire-PRWeb/ -- Zonar, the leader in smart mobility solutions, today announced a Truckers Against Trafficking (TAT) app will be available for free download on all Samsung in-cab tablets before the end of the year. The free app, developed by TAT, will help truckers identify and quickly report instances of labor and sex trafficking observed while on their routes.

Key Points: 
  • SEATTLE, Nov. 14, 2022 /PRNewswire-PRWeb/ -- Zonar , the leader in smart mobility solutions, today announced a Truckers Against Trafficking (TAT) app will be available for free download on all Samsung in-cab tablets before the end of the year.
  • The free app, developed by TAT, will help truckers identify and quickly report instances of labor and sex trafficking observed while on their routes.
  • Still, a lack of identification and reporting resources for human trafficking issues has historically underrepresented the size and scale of the issue.
  • To learn more about the partnership between Truckers Against Trafficking and Zonar and the TAT app, visit Zonar's website .

Engage Celebrates 5 Years Investing In Innovation and Entrepreneurship

Retrieved on: 
Monday, October 17, 2022

ATLANTA, Oct. 17, 2022 /PRNewswire/ -- Engage, the first-of-its-kind collaborative innovation program and venture fund, celebrates five years of connecting startups with leading corporations in the Southeast.

Key Points: 
  • ATLANTA, Oct. 17, 2022 /PRNewswire/ -- Engage, the first-of-its-kind collaborative innovation program and venture fund, celebrates five years of connecting startups with leading corporations in the Southeast.
  • "Through working together with a diverse group of Engage startup founders, we have all benefited from shared innovation, insights into new technology and invaluable learning opportunities.
  • To date, Engage has mentored and invested in 10 startup cohorts, signing 116 customer contracts between startups and corporate partners.
  • Engage is designed to promote innovation through a network of connections between startups, corporations, university researchers, and the venture community.