GPS

ABT and Marian jointly develop the electric sports boat ABT | Marian M 800-R, limited to 20 units and with a power output of up to 450 kW

Retrieved on: 
Tuesday, April 23, 2024
Alcantara, Formula, Spyder, Water, CCS, ABT, Abt Sportsline, Port Hercules, GPS, Electric motor

KEMPTEN, Germany, April 23, 2024 /PRNewswire/ -- In collaboration with the Austrian specialist for electric yachts, ABT Sportsline dares to take the plunge into the water and presents its first electric boat: The luxurious ABT | Marian M 800-R delivers up to 450 kW, reaches a top speed of up to 85 km/h and boasts an elegant design.

Key Points: 
  • The basis for the ABT I Marian M 800-R is the Marian M 800 Spyder from Marian.
  • This provides a long range of 80 kilometers in Cruise Mode and a remarkable top speed of 85 km/h.
  • The ABT | Marian M 800-R is manufactured in a limited edition of 20 units at the Marian shipyard in Austria.
  • Following the premiere, an ABT | Marian "roadshow" is planned at Wolfgangsee, Wörthersee, Starnberger See and Gardasee.

Fusion Transport Addresses Escalating Cargo Theft Concerns in Logistics Industry

Retrieved on: 
Monday, April 22, 2024
Walmart, Identity theft, Risk, Policy, Theft, Insurance, History, CargoNet, Food, Crime, Electronics, Fusion, COVID-19, GPS

RUTHERFORD, N.J., April 22, 2024 /PRNewswire-PRWeb/ -- Millions of dollars worth of cargo, especially from small retail businesses, are not reaching their final destinations in the U.S. due to a sharp rise in organized thefts that began at the outset of the COVID-19 pandemic and continues to rise. The average loss per cargo theft last year represents a 67% increase over the average of $351,556 in 2022, with that volume expected to increase another 35% in 2024. (1) Frank Matarazzo, CEO of Fusion Transport, aims to shed light on the insidious nature of cargo theft rings, targeting unsuspecting shippers and brokers with sophisticated tactics while outlining the proactive measures Fusion Transport is implementing to combat this growing trend. "We must prioritize the security of our supply chains and take proactive measures to safeguard against theft," stated Matarazzo. "By implementing rigorous vetting procedures and leveraging technology to monitor cargo in real-time, we can mitigate the risk of theft and protect businesses from substantial losses."

Key Points: 
  • (1) Frank Matarazzo, CEO of Fusion Transport, aims to shed light on the insidious nature of cargo theft rings, targeting unsuspecting shippers and brokers with sophisticated tactics while outlining the proactive measures Fusion Transport is implementing to combat this growing trend.
  • "Our proactive measures aim to safeguard against the sharp rise in cargo theft, protecting businesses from substantial losses."
  • Fusion Transport remains committed to enhancing security measures and collaborating with industry stakeholders to address the escalating threat of cargo theft.
  • For more information about Fusion Transport and its comprehensive logistics solutions, visit Fusion Transport.

SuperCom Reports 51% Annual Revenue Growth, Non-GAAP EPS of $0.47 and 5-Year-Record EBITDA of $4.8 million for Full Year 2023

Retrieved on: 
Monday, April 22, 2024
Companding, Domestic violence, TEL, Internet of things, Safety, LCA, Interior, Violence, Computer security, Ministry, Tag (metadata), House arrest, Ministry of home affairs, Growth, GPS, Video game

TEL AVIV, Israel , April 22, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2023.

Key Points: 
  • SuperCom received a third order of $3.4 million from Romania's Ministry of Interior, which was delivered in the fourth quarter of 2023.
  • SuperCom won and launched a $3 million contract to deliver Alcohol Monitoring technologies in California through its wholly-owned subsidiary, LCA.
  • "Our expansion efforts globally yielded remarkable results, with annual revenue growth of 51% to a 5-year-record $26.6 million in annual revenues.
  • We also achieved astonishing growth in EBITDA to a 5-year-record level of $4.8 million, reflecting operating leverage and cost optimizations.

Avive Solutions Raises $56.5M in Growth Funding To Build Connected AED Network and Transform Cardiac Arrest Emergency Response in Communities Nationwide

Retrieved on: 
Thursday, April 18, 2024
FDA, SCA, School, Partnership, Cardiac arrest, Growth, RapidSOS, Connect, CPR, IDEA, AED, Map, Service, Wi-Fi, SMS, SAN, GPS, Equity, Ecosystem, International, EMS, Federation, Survival, Shock, Medical device, Medicine, Gold, Organization, City, Internet, Cellular, Federal, University, Bluetooth, Patient, Police

, the developer of the world's most advanced connected automated external defibrillator (AED) - the Avive Connect AEDⓇ - today announced the closing of a $56.5 million growth equity financing.

Key Points: 
  • , the developer of the world's most advanced connected automated external defibrillator (AED) - the Avive Connect AEDⓇ - today announced the closing of a $56.5 million growth equity financing.
  • The Company also announced that Rik Vandevenne, Managing Partner at RC Capital, has joined Avive's Board of Directors.
  • Sudden Cardiac Arrest (SCA) is a massive healthcare challenge in the US, with over 430,000 lives lost each year to this devastating condition.
  • Avive's mission is to improve cardiac arrest survival rates by making AEDs ubiquitous: portable, ready-to-use devices in communities, schools, businesses, and homes.

Helm Operations and Spinergie partnership brings advanced fleet optimization capabilities

Retrieved on: 
Thursday, April 18, 2024
CONNECT, News, Safety, Helm, Partnership, Carbon, Data science, AIS, Organization, GPS, Shipbuilding

AUSTIN, Texas and VICTORIA, BC, April 18, 2024 /PRNewswire/ -- Maritime technology companies Helm Operations and Spinergie have announced a partnership combining the power of their respective fleet management solutions, Helm CONNECT and Smart Fleet Management, to create a fully integrated fleet optimization platform and centralized source of record keeping.

Key Points: 
  • Helm CONNECT and Smart Fleet Management are combined to create a powerful management tool that delivers a centralized analytics platform for maritime operations.
  • AUSTIN, Texas and VICTORIA, BC, April 18, 2024 /PRNewswire/ -- Maritime technology companies Helm Operations and Spinergie have announced a partnership combining the power of their respective fleet management solutions, Helm CONNECT and Smart Fleet Management, to create a fully integrated fleet optimization platform and centralized source of record keeping.
  • The partnership will integrate Helm CONNECT's vessel management system data into Smart Fleet Management, including logbook entries, engine room readings, and other essential sources.
  • Together, Helm Operations and Spinergie set a new standard for fleet optimization, paving the way for a more sustainable and data-driven future for the maritime industry.

Iridium Announces First-Quarter 2024 Results

Retrieved on: 
Thursday, April 18, 2024
Space Development Agency, Total, Investment, Recreation, Internet of things, Commercial, Department of Defence, Operational definition, Depreciation, ARPU, Desch, Iridium Communications, Transport, Human, Capital expenditure, Military personnel, Engineering, Federation, Acquisition, Location, Term loan, Share repurchase, Forestry, Mining, Government, GAAP, Growth, Aviation, Prevalence, GPS, Defense, Video game

MCLEAN, Va., April 18, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook. Net income was $19.7 million, or $0.16 per diluted share, for the first quarter of 2024, as compared to net income of $9.8 million, or $0.08 per diluted share, for the first quarter of 2023. Operational EBITDA ("OEBITDA")(1) for the first quarter was $115.0 million, as compared to $111.9 million for the prior-year period, representing a year-over-year increase of 3%. Net income benefitted from a year-over-year decrease in depreciation expense associated with the extension of the estimated useful lives of the Company's satellites and continued growth in total commercial services revenue.

Key Points: 
  • –        Completes acquisition of Satelles, Inc., its first ever acquisition, on April 1
    MCLEAN, Va., April 18, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium"), a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook.
  • "Continued strong service revenue growth fueled Iridium's business results in the first quarter," said Matt Desch, CEO, Iridium.
  • Iridium paid a dividend of $0.13 per common share on March 28, 2024, resulting in a total payment of $16.1 million to stockholders.
  • The Company reiterated its full-year 2024 outlook:
    Total service revenue growth between 4% and 6% for full-year 2024.

IDTechEx Explores the Potential of Holographic Projections in Automotive Heads-Up Displays

Retrieved on: 
Wednesday, April 17, 2024
FOV, CGH, Safety, Holography, TFT-LCD, Laser, Nausea, GPS, HUD, Research, 3D, Sadi Carnot (statesman), VAC, Eye, OLED, On-board, 2D, CID, Accident, Players, Television

BOSTON, April 17, 2024 /PRNewswire/ -- Automotive heads-up displays (HUDs) are currently being met with great enthusiasm and expectations.

Key Points: 
  • BOSTON, April 17, 2024 /PRNewswire/ -- Automotive heads-up displays (HUDs) are currently being met with great enthusiasm and expectations.
  • This need helps increase road safety, making the automotive industry consider HUDs a viable option to reduce driver distraction.
  • The IDTechEx report, " Automotive Heads-up Displays 2024-2034: Technologies, Players, Opportunities ", provides a comprehensive coverage of this space, from the most renowned 2-dimensional technologies to the more futuristic 3-dimensional imaging techniques that are set to revolutionize the automotive sector.
  • Unlike two-dimensional displays or stereoscopic displays, these 3D technologies project virtual objects with true depth cues.

IDTechEx Explores the Potential of Holographic Projections in Automotive Heads-Up Displays

Retrieved on: 
Wednesday, April 17, 2024
FOV, CGH, Safety, Holography, TFT-LCD, Laser, Nausea, GPS, HUD, Research, 3D, Sadi Carnot (statesman), VAC, Eye, OLED, On-board, 2D, CID, Accident, Players, Television

BOSTON, April 17, 2024 /PRNewswire/ -- Automotive heads-up displays (HUDs) are currently being met with great enthusiasm and expectations.

Key Points: 
  • BOSTON, April 17, 2024 /PRNewswire/ -- Automotive heads-up displays (HUDs) are currently being met with great enthusiasm and expectations.
  • This need helps increase road safety, making the automotive industry consider HUDs a viable option to reduce driver distraction.
  • The IDTechEx report, " Automotive Heads-up Displays 2024-2034: Technologies, Players, Opportunities ", provides a comprehensive coverage of this space, from the most renowned 2-dimensional technologies to the more futuristic 3-dimensional imaging techniques that are set to revolutionize the automotive sector.
  • Unlike two-dimensional displays or stereoscopic displays, these 3D technologies project virtual objects with true depth cues.

Reticulate Micro Named Exclusive Supplier of Himera Tactical Radios in U.S. and with Key Government Users Globally

Retrieved on: 
Tuesday, April 16, 2024
Reticulation, FHSS, LPI, Radio, Commercial, Business development, Human, Knowledge, Environment, Digital transformation, AES 256, COTS, Electronic warfare, Probability, MESH, LPD, GPS, Cryptocurrency

PALM BAY, Fla. and KYIV, Ukraine, April 16, 2024 /PRNewswire/ -- Reticulate Micro, Inc., a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment, and Himera, a Ukrainian defense tech startup, announced today that the firms have entered into an exclusive distribution agreement. Reticulate will serve as the exclusive supplier of Himera's battle-proven Electronic Warfare (EW)-protected tactical communication systems in the U.S. and with key global government customers.

Key Points: 
  • Reticulate will serve as the exclusive supplier of Himera's battle-proven Electronic Warfare (EW)-protected tactical communication systems in the U.S. and with key global government customers.
  • Himera was founded in Ukraine in 2022 after Russian's full-scale invasion of the country.
  • It has evolved quickly to meet the tactical radio needs of frontline soldiers, leapfrogging traditionally long procurement cycles to quickly develop and deploy its mission-critical equipment.
  • Himera has fielded thousands of secure tactical radios to the Ukrainian defense forces, with the number continuing to grow.

Insurance Carriers Advance Mobile Accident Detection and Claims Support Along with Facilitated Access to Mobile Services

Retrieved on: 
Tuesday, April 16, 2024
GEICO, Insurance, Policy, Scorecard, Intelligence, Digital, Traveler, ID, GPS, Mobile phone

WILMINGTON, Del., April 16, 2024 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q1 2024 edition of its semi-annual Mobile Insurance Scorecard. GEICO won first overall for its mobile user experience in Keynova Group's competitive evaluation of the mobile apps and mobile websites of the top 12 U.S. auto and property insurance carriers. In addition, State Farm placed first for its mobile app, and Progressive secured the lead for its mobile web experience.

Key Points: 
  • In addition, State Farm placed first for its mobile app, and Progressive secured the lead for its mobile web experience.
  • "Insurance carriers' efficient and effective claims handling continues to be a central component of policyholder satisfaction and retention."
  • Carriers are also improving the usability of their mobile channels by enabling pre-login app access to key services such as quoting or customer support and by offering quick login to policy services via mobile web.
  • More than 80% of Scorecard carriers have enhanced their mobile claims and/or roadside assistance services in the past six months, helping policyholders gain mobile access to full-featured capabilities as needed.