FSO

Altera awarded contracts with Eni for the Baleine Field

Retrieved on: 
Tuesday, October 3, 2023

WESTHILL, United Kingdom, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Altera Infrastructure has been awarded contracts for redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Côte d'Ivoire.

Key Points: 
  • WESTHILL, United Kingdom, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Altera Infrastructure has been awarded contracts for redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Côte d'Ivoire.
  • The vessels are set for deployment on the Baleine field with a 15-year firm contract.
  • The vessels, Voyageur Spirit and Nordic Brasilia, are currently undergoing life extension work and field specific modifications at Drydocks World in Dubai.
  • Voyageur Spirit is a cylindrical shaped FPSO, that previously operated on the Huntington field in the North Sea until 2020.

Mobile Base Station Wireless Backhaul Market Set for Robust Growth With 2.5 Million E-Band Link Installations Forecasted by 2027

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- In the 5G era, the demand for data is reaching new highs. Annual data traffic from the top 30 countries monitored by ABI Research is forecast to grow from almost 1,100 exabytes in 2022 to over 4,000 exabytes in 2027 (at a CAGR of 30%), with 5G making up ~60% of total data traffic in 2027. With the higher data throughputs and lower latencies required by 5G networks, backhaul or transport solutions must also adapt to meet the increased requirements needed by 5G technology. While fiber-optic remains a preferred choice for 5G backhaul, wireless backhaul technology is still seen as a key component in many 5G networks due to its lower deployment costs and ability to be deployed in areas where fiber deployment is difficult, as well as its capacity to handle 5G backhaul requirements. Additionally, wireless backhaul deployments can also be used to complement fiber backhaul deployments by providing increased resiliency. According to global technology intelligence firm ABI Research, the total number of cellular base stations (including both macro and small cells) using wireless backhaul links will increase from 6.3 million in 2022 to 7.6 million in 2027 (at a Compound Annual Growth Rate (CAGR) of 4%), with E-band growing rapidly from almost 400,000 links in 2022 to 2.5 million links in 2027 (at a CAGR of 44%).

Key Points: 
  • With the higher data throughputs and lower latencies required by 5G networks, backhaul or transport solutions must also adapt to meet the increased requirements needed by 5G technology.
  • Additionally, wireless backhaul deployments can also be used to complement fiber backhaul deployments by providing increased resiliency.
  • "With the improving capabilities of various wireless backhaul technologies, there is strong growth potential for wireless backhaul industry.
  • Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

Mobile Base Station Wireless Backhaul Market Set for Robust Growth With 2.5 Million E-Band Link Installations Forecasted by 2027

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- In the 5G era, the demand for data is reaching new highs. Annual data traffic from the top 30 countries monitored by ABI Research is forecast to grow from almost 1,100 exabytes in 2022 to over 4,000 exabytes in 2027 (at a CAGR of 30%), with 5G making up ~60% of total data traffic in 2027. With the higher data throughputs and lower latencies required by 5G networks, backhaul or transport solutions must also adapt to meet the increased requirements needed by 5G technology. While fiber-optic remains a preferred choice for 5G backhaul, wireless backhaul technology is still seen as a key component in many 5G networks due to its lower deployment costs and ability to be deployed in areas where fiber deployment is difficult, as well as its capacity to handle 5G backhaul requirements. Additionally, wireless backhaul deployments can also be used to complement fiber backhaul deployments by providing increased resiliency. According to global technology intelligence firm ABI Research, the total number of cellular base stations (including both macro and small cells) using wireless backhaul links will increase from 6.3 million in 2022 to 7.6 million in 2027 (at a Compound Annual Growth Rate (CAGR) of 4%), with E-band growing rapidly from almost 400,000 links in 2022 to 2.5 million links in 2027 (at a CAGR of 44%).

Key Points: 
  • With the higher data throughputs and lower latencies required by 5G networks, backhaul or transport solutions must also adapt to meet the increased requirements needed by 5G technology.
  • Additionally, wireless backhaul deployments can also be used to complement fiber backhaul deployments by providing increased resiliency.
  • "With the improving capabilities of various wireless backhaul technologies, there is strong growth potential for wireless backhaul industry.
  • Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

Faraday Future Secures New Funding to Support FF 91 2.0 Futurist Alliance Phase 2 Delivery, Announces Developer Co-Creation Strategy, and Recruits Developer Co-Creation Participants

Retrieved on: 
Monday, August 7, 2023

This new round of funding will support the Company’s phase 2 delivery and sales and service preparation of its Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance.

Key Points: 
  • This new round of funding will support the Company’s phase 2 delivery and sales and service preparation of its Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance.
  • The Company plans to initiate the delivery process this week and hold the FF 91 2.0 Futurist Alliance delivery ceremony next week.
  • The acceleration-to-weight ratio of the FF 91 2.0 Futurist Alliance is only 0.78, which is twice as efficient as Ferrari’s 1.59.
  • The FF 91 2.0 Futurist Alliance boasts an impressive range-to-weight ratio of 136, delivering the undisputed best-in-class performance, surpassing its competitors by a large margin.

CloudFabrix Launches and Demonstrates Observability Data Modernization and Composable Dashboard Services on Cisco's Full-Stack Observability Platform at Cisco Live 23

Retrieved on: 
Wednesday, June 7, 2023

LAS VEGAS, June 7, 2023 /PRNewswire/ -- Today at Cisco Live, Cisco's annual IT and communications conference, CloudFabrix, the inventor of Robotic Data Automation Fabric (RDAF) and the "Data-centric AIOps" leader announced the launch of Observability Data Modernization (ODM) and Composable Dashboards services for Cisco's Full-Stack Observability (FSO) Platform.

Key Points: 
  • CloudFabrix is one of the first few design partners to showcase the extensibility of the platform, with its patent-pending Robotic Data Automation Fabric (RDAF).
  • CloudFabrix will demonstrate Data Modernization, for vSphere Observability at Cisco Live 2023 (4-8 June).
  • ODMS leverages low code bots, to extract, transform, enrich, map, and ingest data in the Cisco FSO Platform entity models.
  • "CloudFabrix is an important partner when it comes to Cisco's FSO Platform," said Carlos Pereira, Fellow and Chief Architect, Cisco.

Cisco Launches Full-Stack Observability Platform

Retrieved on: 
Tuesday, June 6, 2023

LAS VEGAS, June 6, 2023 /PRNewswire/ -- CISCO LIVE -- Cisco (NASDAQ: CSCO) announced the launch of a new Full-Stack Observability Platform—a vendor-agnostic solution that harnesses the power of the company's full portfolio. It delivers contextual, correlated, and predictive insights that allow customers to resolve issues more quickly and optimize experiences, while also minimizing business risk.

Key Points: 
  • Ecosystem of Partners Enable New, Extensible Observability Use Cases to Unify and Secure Digital Experiences
    New vendor-agnostic Cisco Full-Stack Observability (FSO) Platform brings data together from multiple domains at scale.
  • Powerful new platform delivers unparalleled insights, optimizing experiences and minimizing business risk for customers
    LAS VEGAS, June 6, 2023 /PRNewswire/ -- CISCO LIVE -- Cisco (NASDAQ: CSCO) announced the launch of a new Full-Stack Observability Platform—a vendor-agnostic solution that harnesses the power of the company's full portfolio.
  • The Cisco FSO Platform is also designed as a unified, extensible platform, allowing developers to build their own observability solutions, empowering an ecosystem of customers and partners.
  • Cloud Native Application Observability is the premier solution delivered on Cisco FSO Platform.

Anova Financial Networks Conducts Successful Test of 25Gbps Wireless Platform

Retrieved on: 
Wednesday, May 17, 2023

CHICAGO, May 17, 2023 /PRNewswire/ -- Anova Financial Networks, an international carrier and market data provider, announces today that it has successfully tested a capacity upgrade to 25Gbps over its proprietary Celeras LTS platform. 

Key Points: 
  • Competitive financial wireless networks currently are capped at 7Gbps, making Anova's new system 3.5 times more capable of transmitting the world's real-time financial information.
  • "At Anova, R&D is paramount and we pride ourselves on pushing boundaries to bring cutting-edge solutions and products to the marketplace," said Mike Persico, Founder and CEO of Anova Financial Networks.
  • Kieran Athy, CTO of Anova Financial Networks explains "The development and engineering team has continued to evolve their knowledge and impress with this 25Gbps FSO field-deployed trial.
  • For more information about Anova Financial Networks, please call 516-567-6383, email [email protected] , or visit www.anovanetworks.com .

VAALCO Energy, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Wednesday, May 10, 2023

HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the first quarter of 2023.

Key Points: 
  • HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the first quarter of 2023.
  • The first quarter of 2023 is the first full quarter of reporting as a combined company.
  • After completing the Arta77 HC well in January 2023, VAALCO drilled five vertical development wells in the first quarter.
  • VAALCO drilled and completed two wells in the first quarter of 2023, consisting of a 1.5-mile lateral and a 3-mile lateral, which were also required for land retention purposes.

365 Retail Markets Expands Product Offering in UK with Kafoodle Acquisition

Retrieved on: 
Wednesday, April 19, 2023

365 Retail Markets today announced the acquisition of Kafoodle, a UK-based food technology company.

Key Points: 
  • 365 Retail Markets today announced the acquisition of Kafoodle, a UK-based food technology company.
  • The acquisition also expands 365 Retail Markets' reach in the United Kingdom and European markets, where Kafoodle has established a strong presence.
  • 365 Retail Markets looks forward to working with the Kafoodle team to continue to innovate and improve the foodservice industry.
  • The Kafoodle team will continue to operate out of their UK headquarters and will work closely with 365 Retail Markets' global team to ensure a seamless integration.

365 Retail Markets Expands Product Offering in UK with Kafoodle Acquisition

Retrieved on: 
Wednesday, April 19, 2023

TROY, Mich., April 19, 2023 /PRNewswire/ -- 365 Retail Markets, the global leader in unattended retail technology, today announced its acquisition of Kafoodle, a UK based food technology company that specializes in menu and kitchen management, nutritional data, and allergy compliance.

Key Points: 
  • TROY, Mich., April 19, 2023 /PRNewswire/ -- 365 Retail Markets, the global leader in unattended retail technology, today announced its acquisition of Kafoodle, a UK based food technology company that specializes in menu and kitchen management, nutritional data, and allergy compliance.
  • The acquisition also expands 365 Retail Markets' reach in the United Kingdom and European markets, where Kafoodle has established a strong presence.
  • 365 Retail Markets looks forward to working with the Kafoodle team to continue to innovate and improve the foodservice industry.
  • The Kafoodle team will continue to operate out of their UK headquarters and will work closely with 365 Retail Markets' global team to ensure a seamless integration.