EOTS

Most family business leaders are accelerating succession plans in the face of mounting pressures: KPMG poll

Retrieved on: 
Thursday, November 23, 2023

The findings reflect the views of 285 family business leaders included in the KPMG Private Enterprise™ Business Survey of 700 small- and medium-sized businesses (SMBs).

Key Points: 
  • The findings reflect the views of 285 family business leaders included in the KPMG Private Enterprise™ Business Survey of 700 small- and medium-sized businesses (SMBs).
  • Whether these family business leaders choose to sell to a third-party or pass the torch to the next generation, there are significant business and tax implications to consider at this time."
  • Some leaders support employee ownership as an alternative or complimentary approach to business ownership and succession.
  • "Along with financial factors, inadequate succession and transition strategies are the single biggest factors in the failure of family businesses," Mr. Archambault adds.

Schneider Electric announces updates to core EcoStruxure™ Power platform, improving energy & operational efficiency and system reliability

Retrieved on: 
Wednesday, October 19, 2022

Natasha Nelson, Vice President EcoStruxure Power, Power Systems and Services, Schneider Electricsaid "Our EcoStruxure Power platform is a highly reliable and cybersecure way to improve business continuity and performance by minimizing unplanned downtime.

Key Points: 
  • Natasha Nelson, Vice President EcoStruxure Power, Power Systems and Services, Schneider Electricsaid "Our EcoStruxure Power platform is a highly reliable and cybersecure way to improve business continuity and performance by minimizing unplanned downtime.
  • With Panel Server connectivity to EcoStruxure Resource Advisor, facility managers can help improve their facility's energy efficiency and reduce energy consumption with energy usage analysis and performance tracking.
  • It is certified as part of an energy data management system according to ISO 50001, ISO 50002, and ISO 50006.
  • Components of EcoStruxurePower'sarchitecture also achieve product certifications to IEC62443-4-1/4-2 including EcoStruxure Power Operation software, EcoStruxure Power Automation System, PowerLogic Easergy P5, and PowerLogic Easergy T300.

ShapeBlue, the CloudStack company, has become an Employee Owned Business

Retrieved on: 
Wednesday, September 28, 2022

LONDON, Sept. 28, 2022 /PRNewswire/ -- ShapeBlue, the CloudStack company, today announced that it has become a 100% employee-owned business: owned by all of its employees for the benefit of all of those employees.

Key Points: 
  • LONDON, Sept. 28, 2022 /PRNewswire/ -- ShapeBlue, the CloudStack company, today announced that it has become a 100% employee-owned business: owned by all of its employees for the benefit of all of those employees.
  • The company, with offices in London, Bangalore, Cape Town and Sao Paulo, are the largest independent integrator of CloudStack technologies globally.
  • This guarantees our future as an independent company and allows us to continue to deliver for our customers through our deep involvement in Apache CloudStack."
  • James de le Vingne, Chief Executive of the Employee Ownership Association (EOA), said: "We congratulate ShapeBlue on its transition to employee ownership; securing the ethos, values and culture of the business.

ShapeBlue, the CloudStack company, has become an Employee Owned Business

Retrieved on: 
Wednesday, September 28, 2022

LONDON, Sept. 28, 2022 /PRNewswire/ -- ShapeBlue, the CloudStack company, today announced that it has become a 100% employee-owned business: owned by all of its employees for the benefit of all of those employees.

Key Points: 
  • LONDON, Sept. 28, 2022 /PRNewswire/ -- ShapeBlue, the CloudStack company, today announced that it has become a 100% employee-owned business: owned by all of its employees for the benefit of all of those employees.
  • The company, with offices in London, Bangalore, Cape Town and Sao Paulo, are the largest independent integrator of CloudStack technologies globally.
  • This guarantees our future as an independent company and allows us to continue to deliver for our customers through our deep involvement in Apache CloudStack."
  • James de le Vingne, Chief Executive of the Employee Ownership Association (EOA), said: "We congratulate ShapeBlue on its transition to employee ownership; securing the ethos, values and culture of the business.

Global Electro-Optical Targeting System Market 2021-2028: Rising Investment in R&D and Advanced Technologies to Strengthen Defense Capabilities - ResearchAndMarkets.com

Retrieved on: 
Friday, October 1, 2021

Increasing focus on developing more advanced defense and targeting abilities in aircraft by air forces in various countries is a key factor driving market revenue growth.

Key Points: 
  • Increasing focus on developing more advanced defense and targeting abilities in aircraft by air forces in various countries is a key factor driving market revenue growth.
  • The global electro-optical targeting system market size is expected to reach USD 31.49 Billion in 2028, and register a CAGR of 5.50% during the forecast period.
  • An Electro-Optical Targeting System (EOTS) is employed to track and locate targets in aerial warfare.
  • Some Key Findings From the Report:
    Among the application segments, the Forward-Looking Infrared (FLIR) segment accounted for majority revenue share in the global market in 2020.

New Data Finds Aging Baby Boomers Own Half of Small Businesses in North Carolina; Vast Majority Have No Concrete Exit Plan, Putting Local Jobs and State Revenue at Risk

Retrieved on: 
Monday, August 9, 2021

Developed by Project Equity, the study shows that baby boomers own half of the privately held businesses with employees in North Carolina and the majority of owners have no concrete exit plan, putting local jobs and state revenue at risk.

Key Points: 
  • Developed by Project Equity, the study shows that baby boomers own half of the privately held businesses with employees in North Carolina and the majority of owners have no concrete exit plan, putting local jobs and state revenue at risk.
  • According to the study, business owners nearing retirement age own more than 78,000 businesses in North Carolina and employ approximately 880,000 employees.
  • It provides small business ownership data by county and by industry to illustrate how communities across the state may be affected.
  • The North Carolina Employee Ownership Center (NCEOC) serves as the central hub for employee-owned businesses in North Carolina.

Unlocking the potential of employee ownership in Canada

Retrieved on: 
Monday, April 19, 2021

"It\'s great to see the government recognize that employee ownership could be part of rebuilding a more inclusive, more resilient economy.

Key Points: 
  • "It\'s great to see the government recognize that employee ownership could be part of rebuilding a more inclusive, more resilient economy.
  • Canada does not have a business structure comparable to the employee ownership trust.\nA recent survey by the Canadian Federation of Independent Business (CFIB) suggests significant interest among Canadian business owners in employee ownership.
  • SCP initiated their Employee Ownership Capital project in 2019 to link institutional capital to employee ownership conversions in the United States using the Employee Stock Ownership Plan structure.
  • EOTs are a form of broad-based employee ownership, where all employees are included in ownership.

Lockheed Martin Continues Advanced EOTS Development

Retrieved on: 
Tuesday, September 17, 2019

BETHESDA, Md., Sept. 17, 2019 /PRNewswire/ --Lockheed Martin (NYSE: LMT) has continued development ofits Advanced Electro-Optical Targeting System (EOTS), which offerscrystal clear resolution, unmatched multi-spectral range and significant cost savings for the F-35 Lightning II.

Key Points: 
  • BETHESDA, Md., Sept. 17, 2019 /PRNewswire/ --Lockheed Martin (NYSE: LMT) has continued development ofits Advanced Electro-Optical Targeting System (EOTS), which offerscrystal clear resolution, unmatched multi-spectral range and significant cost savings for the F-35 Lightning II.
  • Advanced EOTS includes a larger aperture and provides pilots with multi-spectral sensing options such as high-resolution Mid-Wave IR, Short-Wave IR and Near IR.
  • Utilizing the same volume and weight, Advanced EOTS is effortless to integrate into the F-35 Lightning II with the "plug and play" feature.
  • Lockheed Martin is prepared to integrate Advanced EOTS on the F-35 should customers require the upgrade as part of F-35 follow on modernization.

Lockheed Martin Delivers 500ᵗʰ Electro-Optical Targeting System for F-35

Retrieved on: 
Monday, June 17, 2019

PARIS, June 17, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) successfully delivered the 500th Electro-Optical Targeting System (EOTS).

Key Points: 
  • PARIS, June 17, 2019 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) successfully delivered the 500th Electro-Optical Targeting System (EOTS).
  • All units have been delivered on time or ahead of schedule to support aircraft production and sustainment requirements.
  • "We are proud to bring superior capabilities to the F-35," said Michael Williamson, vice president of Sensors & Global Sustainment at Lockheed Martin Missiles and Fire Control (MFC).
  • The company also delivered the 4,000th Distributed Aperture System (DAS) Window for the F-35 Lightning II.