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Drive Innovation in Electric and Autonomous Vehicles with Omnex's Comprehensive EV-AV Services & Software

Retrieved on: 
Tuesday, August 22, 2023

ANN ARBOR, Mich., Aug. 22, 2023 /PRNewswire-PRWeb/ -- Omnex, a global leader in training, software, consulting, and implementation services, is delighted to announce its extensive range of services tailored specifically for the Electric and Autonomous Vehicle (EV-AV) industry. Omnex remains committed to equipping organizations with the necessary knowledge and expertise to foster innovation and thrive in this ever-evolving automotive sector.

Key Points: 
  • Omnex offers a wide array of Electric and Autonomous Vehicle (EV-AV) services that address the unique challenges and opportunities in the Automotive market.
  • ANN ARBOR, Mich., Aug. 22, 2023 /PRNewswire-PRWeb/ -- Omnex, a global leader in training, software, consulting, and implementation services, is delighted to announce its extensive range of services tailored specifically for the Electric and Autonomous Vehicle (EV-AV) industry.
  • Omnex remains committed to equipping organizations with the necessary knowledge and expertise to foster innovation and thrive in this ever-evolving automotive sector.
  • "At Omnex, we are committed to driving innovation in the Electric and Autonomous Vehicle industry through our wide range of services and software," said Chad Kymal, CTO & Founder, Omnex Inc.
    Omnex offers a wide array of EV-AV services that address the unique challenges and opportunities in the market.

Cyngn Reaches Milestone of 10 Granted Patents for Pioneering AI-Powered Autonomous Vehicle Technologies for Industrial Vehicles

Retrieved on: 
Wednesday, August 16, 2023

"We are pleased to share that the USPTO recently granted us four additional patents, highlighting our novel software-centric methods for developing flexible applied autonomy, which is critical for the rapid deployment of industrial vehicle applications," said Lior Tal, Chief Executive Officer of Cyngn.

Key Points: 
  • "We are pleased to share that the USPTO recently granted us four additional patents, highlighting our novel software-centric methods for developing flexible applied autonomy, which is critical for the rapid deployment of industrial vehicle applications," said Lior Tal, Chief Executive Officer of Cyngn.
  • "Patent protection is an important consideration as we build a foundation of differentiated technology that aims to deliver unique competitive advantages to our customers through their adoption of DriveMod-enabled autonomous vehicles ."
  • In July, the Company announced a partnership with Motrec to launch a fleet of AI-Powered Autonomous Tuggers .
  • Cyngn's patent family is comprised of the following granted patents:

Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars

Retrieved on: 
Monday, August 14, 2023

SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.

Key Points: 
  • SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.
  • This enabled the possibility of producing high-resolution radars at one-third the size of the previously used 24GHz radars with similar angular resolution.
  • This makes Altos V1 radar the world's first production-ready non-FPGA-based, 4-chip cascaded (12TX, 16RX) 4D imaging radar, offering great advantages in cost, reliability and mass-producibility.
  • Altos Radar's new high-performance 4D millimeter-wave RADAR caters to the demands of a 4D imaging radar market that Yole's 2022 Automotive Radar Report estimated will double YoY by 2027 to $8 billion.

Technological Innovations and Government Initiatives Boost Smart Grid Sensor Adoption 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 8, 2023

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Smart Grid Sensor Market.

Key Points: 
  • The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Smart Grid Sensor Market.
  • The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic.
  • Based on Solution, the market is studied across Advance Metering Infrastructure (AMI), Billing &Customer Information System, Grid Asset Management, Smart Grid Communication, Smart Grid Distribution Management, and Substation Automation.
  • The FPNV Positioning Matrix is essential for assessing the Global Smart Grid Sensor Market.

XPENG Announces Management Change

Retrieved on: 
Wednesday, August 2, 2023

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that Dr. Xinzhou Wu, Vice President of Autonomous Driving, has tendered his resignation to the Company for personal and family reasons.

Key Points: 
  • XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that Dr. Xinzhou Wu, Vice President of Autonomous Driving, has tendered his resignation to the Company for personal and family reasons.
  • Dr. Liyun Li, Senior Director of XPENG's autonomous driving team, will assume Dr. Wu's responsibility.
  • Dr. Li has been leader of the XNGP project team and prepared for the transition for a long period.
  • I will continue to personally lead our autonomous driving team and strengthen our leadership in Smart EV technologies,” Mr.

New 3D Shop and Major 'Los Angeles' Production Update

Retrieved on: 
Monday, July 24, 2023

USTER, Switzerland, July 24, 2023 /PRNewswire/ -- vrbn studios has just announced its brand new online shop featuring the latest generation of high-quality 3D content.

Key Points: 
  • USTER, Switzerland, July 24, 2023 /PRNewswire/ -- vrbn studios has just announced its brand new online shop featuring the latest generation of high-quality 3D content.
  • The shop features countless full-PBR, urban 3D assets and richly detailed 3D buildings (most of them also with three material variants) of different architectural typologies.
  • Upcoming are according offline rendering variants for tools like SideFX Houdini or Blender, in combination with renderers such as RenderMan or Karma.
  • There is a growing need for consistent 3D content that is optimized for use in hybrid production pipelines, where real-time graphics are working hand in hand with offline rendering."

ADAS and Autonomous Sensor Maintenance Equipment Industry Set to Register a Massive CAGR of 49.68% to Reach $152.6 Million by 2032

Retrieved on: 
Tuesday, July 18, 2023

Fluids and air jet sensor maintenance equipment are increasingly being seen as the most feasible sensor maintenance equipment among other product types by automotive OEMs and autonomous vehicle-based businesses.

Key Points: 
  • Fluids and air jet sensor maintenance equipment are increasingly being seen as the most feasible sensor maintenance equipment among other product types by automotive OEMs and autonomous vehicle-based businesses.
  • The global ADAS and autonomous sensor maintenance equipment market is expected to witness significant growth in the coming years, with major contributions from North America, China, and Europe regional markets.
  • In terms of revenue generation, the North America market is one of the key regions in the global ADAS and autonomous sensor maintenance equipment market.
  • Thus, it can be said that the growing demand for autonomous driving is driving the growth of the global ADAS and autonomous sensor maintenance equipment market.

Senior Computer Vision Leader and Mapping Expert Luc Vincent Joins Hayden AI as its Chief Product & Technology Officer

Retrieved on: 
Tuesday, July 11, 2023

Hayden AI today announced that Luc Vincent, a former AI leader at Meta, has joined the company as its Chief Product & Technology Officer.

Key Points: 
  • Hayden AI today announced that Luc Vincent, a former AI leader at Meta, has joined the company as its Chief Product & Technology Officer.
  • “We are absolutely thrilled to have Luc on our team,” Chris Carson, CEO and co-founder of Hayden AI, said.
  • Prior to joining Hayden AI, Vincent was VP of Engineering & Product Group Lead at Meta, where he led one of the company's AI Innovation Centers.
  • in Computer Science from University of Paris XI; and a PhD in Computer Vision from MINES ParisTech.

Building Energy Management Systems (BEMS) Global Strategic Business Report 2023: BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems - ResearchAndMarkets.com

Retrieved on: 
Friday, July 7, 2023

World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021

Key Points: 
  • World Economic Growth Projections (Real GDP, annual % Change) for 2019, 2020 & 2021
    Despite COVID-19 Crisis Curtailing Growth in the Short-Term, Long-Term Prospects Remain Optimistic for the World BEMS Industry
    Worldwide Energy Efficiency Solutions Market by End-Use Sector (2020E): Percentage Breakdown of Value Sales for Buildings, Industry, Transport, and Others
    Riding High on Inherent Advantages, BEMS to Leap in Right Direction
    Projected Global Demand for Primary Energy (Mtoe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
    World Building Energy Management Systems (BEMS) Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Europe, USA, Canada, and Japan
    Opportunities Exist for Synergies among BEMS, BACS, BMS Vendors
    BEMS Vendors, System Integrators Join Hands with ESCOs, Software Providers to Deliver EEM Systems
    Regulatory Pressure to Curb Energy Wastage and Carbon Emissions: A Major Growth Driver
    Global Smart Grid Capital Expenditure (CAPEX) by Application (2013-2020): Percentage Share Breakdown of CAPEX for AMI/Smart Meters, Communications Infrastructure, Distribution Automation, Information Technology Systems, Substation Automation, and Others
    Global Smart Meter Annual Spending (In US$ Billion) for the Years 2021, 2023 & 2025
    Emergence of IoT and Cloud Infrastructure: A Potential Game Changer for BEMS Market

Global Infrared Imaging Technology Strategic Business Report 2023: Rising Significance of IR Technology in Industrial Imaging Applications

Retrieved on: 
Thursday, July 6, 2023

Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP

Key Points: 
  • Pandemic Crisis Weakens Economic Environment, Triggering Negative Tide in GDP
    World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
    Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
    With Defense Budgets Coming Under Intense Pressure, IR Imaging Market Witnesses Challenging Times
    Reprioritizing of Budgets Impacts Defense Spending, Affecting IR Imaging Market
    Number of Terrorist Incidents and Terrorism-related Deaths Worldwide: 2011-2018
    Soldier Modernization Initiatives Fuel Demand for Advanced IR Imaging Systems: Global Soldier Modernization Market Size (in US$ Billion) for 2018, 2021, 2024 & 2027
    Global Projected Penetration Rate (%) of Autonomous Vehicles for the Years 2021, 2023 and 2025
    As Aviation Industry Looks to Resume Normal Operations, Demand for IR Imaging Systems Poised to Grow
    Emerging Infrared Imaging Technology Applications: An Overview
    High Cost of Infrared Cameras: A Key Market Restraint