Eve Systems

Global Power Monitoring Market Size/Share Projected to Reach USD 6.93 Billion By 2032, at 5.7% CAGR Increase: Polaris Market Research

Retrieved on: 
Monday, September 11, 2023

This electricity demand fuels a requirement for effective power monitoring systems to ensure effective electricity distribution and use.

Key Points: 
  • This electricity demand fuels a requirement for effective power monitoring systems to ensure effective electricity distribution and use.
  • This is because IoT creates an interconnected network that provides power monitoring capabilities, enabling the monitoring of electrical appliances and sensor data.
  • Implementation of power monitoring solutions is an important aspect of smart grid initiatives, fueling the regional power monitoring market growth.
  • Market segment analysis by types, applications, and regions
    Polaris Market Research has segmented the power monitoring market report based on component, end user and region:

Motus GI Receives Approval from the Israeli Ministry of Health to Initiate Commercial Sales of its Pure-Vu® EVS System

Retrieved on: 
Thursday, August 10, 2023

“We are pleased to secure regulatory clearance for the Pure-Vu EVS System in Israel, which is considered an advanced medical system globally and one of the largest markets in this region.

Key Points: 
  • “We are pleased to secure regulatory clearance for the Pure-Vu EVS System in Israel, which is considered an advanced medical system globally and one of the largest markets in this region.
  • Leading healthcare systems in a number of regions in the U.S. and the Veterans Health Administration (VHA) are currently utilizing the Pure-Vu EVS System.
  • The Pure-Vu System EVS integrates with standard and slim colonoscopes, to improve visualization during colonoscopy while preserving established procedural workflow and techniques.
  • The Pure-Vu EVS is already cleared by the U.S. Food and Drug Administration (FDA) to help facilitate the cleansing of a poorly prepared gastrointestinal tract during colonoscopy.

Power Management System Market worth $7.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 20, 2023

Based on module, the Power Management System Market has been split into Power Monitoring & Control, Load Shedding & Management, Energy Cost Accounting, Switching & Safety Management, Power Simulator, Generator Controls, Data Historian, and Others.

Key Points: 
  • Based on module, the Power Management System Market has been split into Power Monitoring & Control, Load Shedding & Management, Energy Cost Accounting, Switching & Safety Management, Power Simulator, Generator Controls, Data Historian, and Others.
  • Based on Type, the Power Management System Market has been split into hardware, software, and services.
  • The Power Management System (PMS) market offers a wide range of services aimed at providing efficient, reliable, and sustainable management of electrical power in various sectors and applications.
  • Asia Pacific is expected to be the second largest Power Management System Market during the forecast period.

Power Management System Market worth $7.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 20, 2023

Based on module, the Power Management System Market has been split into Power Monitoring & Control, Load Shedding & Management, Energy Cost Accounting, Switching & Safety Management, Power Simulator, Generator Controls, Data Historian, and Others.

Key Points: 
  • Based on module, the Power Management System Market has been split into Power Monitoring & Control, Load Shedding & Management, Energy Cost Accounting, Switching & Safety Management, Power Simulator, Generator Controls, Data Historian, and Others.
  • Based on Type, the Power Management System Market has been split into hardware, software, and services.
  • The Power Management System (PMS) market offers a wide range of services aimed at providing efficient, reliable, and sustainable management of electrical power in various sectors and applications.
  • Asia Pacific is expected to be the second largest Power Management System Market during the forecast period.

ABB Ltd: Q2 2023 results

Retrieved on: 
Thursday, July 20, 2023

For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q2 2023 Financial Information.

Key Points: 
  • For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q2 2023 Financial Information.
  • As a result, we expect to record a non-operational book gain estimated at approximately $50 million in Income from operations in the third quarter of 2023.
  • ABB (ABBN: SIX Swiss Ex) is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future.
  • Building on more than 130 years of excellence, ABB’s ~105,000 employees are committed to driving innovations that accelerate industrial transformation.

CenTrak Appoints Andrew Robinson as CEO

Retrieved on: 
Monday, April 3, 2023

NEWTOWN, Pa., April 3, 2023 /PRNewswire/ -- CenTrak announces the appointment of Andrew Robinson as President and Chief Executive Officer (CEO). Beginning April 3, Robinson will spearhead CenTrak's continued development and expansion of real-time location solutions (RTLS) to improve healthcare business operations and transform patient care.

Key Points: 
  • NEWTOWN, Pa., April 3, 2023 /PRNewswire/ -- CenTrak announces the appointment of Andrew Robinson as President and Chief Executive Officer (CEO).
  • Beginning April 3, Robinson will spearhead CenTrak's continued development and expansion of real-time location solutions (RTLS) to improve healthcare business operations and transform patient care.
  • Throughout his career, Robinson has led teams who combine hardware and software to deliver innovative IoT solutions.
  • "With a background in engineering and a passion for leading collaboration to develop innovative solutions, Andrew Robinson is uniquely suited to continue CenTrak's trajectory forward," says Bill Stoval, Divisional Chief Executive, Healthcare Sector of Halma.

New Partnership – Sono Motors to Produce Sion Solar Electric Vehicle at Valmet Automotive

Retrieved on: 
Tuesday, April 5, 2022

Sono Motors and Valmet Automotive Announce the Signing of a Term Sheet Concerning the Production of the Sion Solar Electric Vehicle (SEV) At Valmet Automotives Production Line in Uusikaupunki, Finland.

Key Points: 
  • Sono Motors and Valmet Automotive Announce the Signing of a Term Sheet Concerning the Production of the Sion Solar Electric Vehicle (SEV) At Valmet Automotives Production Line in Uusikaupunki, Finland.
  • Sono Motors Munich Headquarters Continues to Be the Sole Development Hub for Sono Solar Technology.
  • MUNICH, Germany and UUSIKAUPUNKI, Finland, April 05, 2022 (GLOBE NEWSWIRE) -- Sono Motors (subsidiary to Sono Group N.V., NASDAQ: SEV) and Valmet Automotive today announced the signing of a binding term sheet, specifying all substantial parameters regarding the collaboration and the production of the Sion solar electric vehicle (SEV).
  • Sono Motors is developing the worlds first solar electric vehicle (SEV) for the masses, the Sion.

Motus GI Reports Fourth Quarter and Full Year 2021 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, March 29, 2022

Financial Results for the Quarter and Year Ended December 31, 2021

Key Points: 
  • Financial Results for the Quarter and Year Ended December 31, 2021
    The Company reported revenue of $99,000 for the fourth quarter 2021, compared to $36,000 for the same period last year.
  • The Company believes this financial measure provides consistent and additional means of evaluating period-over-period operating performance.
  • The Company reported $22.6 million in cash and cash equivalents as of December 31, 2021.
  • This balance included the fully funded $12.0 million credit facility with Kreos Capital, which was put in place during the third quarter.

Global Smart Lighting and Control Systems Market to Reach $78.8 Billion by 2026

Retrieved on: 
Friday, March 11, 2022

SAN FRANCISCO, March 11, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 11, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Lighting and Control Systems - Global Market Trajectory & Analytics" .
  • The demand for smart lighting systems is also benefiting from government efforts to promote smart city projects, which focus on adoption of energy efficient and connected, or IoT based lighting systems.
  • Amid the COVID-19 crisis, the global market for Smart Lighting and Control Systems estimated at US$40.5 Billion in the year 2022, is projected to reach a revised size of US$78.8 Billion by 2026, growing at a CAGR of 14.7% over the analysis period.
  • The U.S. Market is Estimated at $9.8 Billion in 2022, While China is Forecast to Reach $11.8 Billion by 2026
    The Smart Lighting and Control Systems market in the U.S. is estimated at US$9.8 Billion in the year 2022.

Motus GI Receives FDA Clearance to Market the Pure-Vu® EVS System

Retrieved on: 
Monday, February 14, 2022

FORT LAUDERDALE, Fla., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Motus GI Holdings, Inc., (NASDAQ: MOTS) ("Motus GI" or the "Company"), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, today announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (“FDA”) for the Pure-Vu® EVS System. The new Pure-Vu EVS System is intended to improve speed of set-up, enhance navigation capabilities in tortuous anatomy, build upon the excellent cleansing capabilities of the Pure-Vu system and enable physicians to rapidly overcome the challenges of poorly prepared colons during a colonoscopy.

Key Points: 
  • My experience with the Pure-Vu Gen2 system has allowed me to treat and diagnose patients who otherwise would have been delayed.
  • Pure-Vu EVS is much easier to use, and will be more physician and technician friendly.
  • We believe our Pure-Vu EVS system now offers physicians the right tool to help address challenging colonoscopy procedures.
  • This FDA clearance of Pure-Vu EVS is expected to allow a greater number of physicians and hospitals to bring this important technology to their patients, commented Tim Moran, Chief Executive Officer.