BUFFALO, N.Y.--(BUSINESS WIRE)--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the renewable energy, conservation, residential and infrastructure markets, announced today the appointment of Betsy Jensen as Chief Human Resources Officer, who succeeds Cherri Syvrud, who served as Senior Vice President of Human Resources and Organizational Development since April 2016. Betsy joins Gibraltar from Danaher Corporation and will report to Chief Executive Officer Bill Bosway.
“Betsy’s record of accomplishment at multi-industrial companies and her deep skill set in all areas of human resources are impressive. We will look to Betsy’s leadership as we advance our plans under our Organization Development strategic pillar, creating an environment for success, developing talent across the organization, accelerating our diversity, equity and inclusion and ESG initiatives, and maintaining a safe environment for our people while executing our operating playbook. We welcome Betsy to Gibraltar,” stated Bill Bosway. “The Board joins me in thanking Cherri for her contributions to our ongoing transformation, and to strengthening our organization over the last five years. We wish Cherri all the best as she enters retirement and starts her next chapter.”
“This is a very exciting time for Gibraltar and all its team members, and I look forward to joining and contributing to this progressive organization as it grows and delivers value for all stakeholders,” stated Betsy Jensen.
Betsy will be responsible for overseeing the development and execution of Gibraltar’s Human Resources and Organizational Development strategies across the corporation, will coordinate with Gibraltar’s IT team to develop and implement enhanced human resource management systems, and liaise with Gibraltar’s Board of Directors, including the Compensation and Human Capital Committee.
At Danaher Corporation, Betsy she served as Vice President, Human Resources and Internal Communications for Hach, a Danaher company. Prior to Danaher, Betsy served as Director, Corporate Human Resources for Illinois Tool Works (ITW) and has held leadership positions at W. W. Grainger, Snap-on, and Abbott Laboratories. Throughout Betsy’s career, she has partnered effectively with her customer groups and businesses to accelerate growth, embrace continuous improvement, provide leadership, and strategy and analytics to drive change and accelerate innovation.
Betsy holds a B.S. in Business Management with a concentration in Human Resources Management from San Jose State University and earned her Lean Certification from The Fisher College of Business, the Ohio State University.
About Gibraltar
Gibraltar Industries is a leading manufacturer and provider of products and services for the renewable energy, conservation, residential, and infrastructure markets. With a three-pillar strategy focused on business systems, portfolio management, and organization and talent development, Gibraltar’s mission is to create compounding and sustainable value with strong leadership positions in higher growth, profitable end markets. Gibraltar serves customers primarily throughout North America. Comprehensive information about Gibraltar can be found on its website at www.gibraltar1.com.
LHA Investor Relations
Jody Burfening/Carolyn Capaccio
(212) 838-3777
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Sunverge’s advanced platform integrated with Panasonic’s EverVolt energy storage system provides customers and utilities with advanced consumer, grid and market services
SAN FRANCISCO--(BUSINESS WIRE)--#DER--Sunverge, the provider of an industry-leading real-time Distributed Energy Resource (DER) control and aggregation platform, today announced that the Sunverge Energy Platform and the Sunverge Infinity intelligent edge controller are now fully integrated with EverVolt, the residential energy storage system (ESS) from leading technologies and solutions developer Panasonic.
Together, Panasonic and Sunverge provide homeowners with newfound control over their self-generation and energy use, while providing advanced orchestration and aggregation VPP capabilities such as real-time flexible load management and grid services to utilities, grid operators and third party aggregators. All of Sunverge’s advanced platform features are now supported and running with the Panasonic EverVolt Energy Storage System.
Through this integration, Sunverge expands its platform footprint, enabling co-optimization and aggregation of consumer services, grid services and ancillary market services. This enables customers to achieve benefits such as bill reduction, maximizing self-consumption, backup power, time-of-use and dynamic pricing, and demand charge management while also providing grid services such as frequency response, frequency regulation, voltage support and demand response. It will also provide system benefits such as local system flexibility and resiliency, carbon reduction to local distribution utilities and enablement of bidding aggregated ancillary services into wholesale markets.
“Together with Panasonic’s EverVolt battery storage system, Sunverge’s advanced DER platform can provide homeowners with greater control over their energy consumption and help them avoid costly time-of-use electricity rates during peak consumption hours,” said Dan Glaser, Senior Sales Engineer at Panasonic. “Sunverge’s integration with EverVolt battery storage creates a flexible energy management system that benefits both homeowners and utilities.”
“The opportunity to deliver advanced dynamic and multiservice VPP capabilities with global energy storage leaders like Panasonic is further validation for the Sunverge real-time DER control and aggregation platform,” said Sunverge CEO Martin Milani. “DERs are a critical component of the distributed and federated smart grid of the future. Intelligent, real-time and adaptive flexibility through dynamic multi-objective optimization of consumer, grid and market services are instrumental to optimizing significant system wide integration of renewables generation and achieving carbon reduction goals while maintaining system reliability, affordability and improving local resiliency.”
If you are an energy industry professional who is interested in learning more about Sunverge’s capabilities, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..
About Sunverge Energy
Sunverge Energy provides the leading open dynamic platform for Multi-service Virtual Power Plants (VPP), a grid-aware and dynamic power source built from the orchestration and aggregation of behind-the-meter DERs (distributed energy resources). The Sunverge multi-service VPP platform is unique in providing dynamic multi-objective optimization of services on both sides of the meter, helping customers with intelligent management of their own renewable energy generation and utilities with greater flexibility in managing their infrastructure investments, reducing generation costs, increasing system reliability, and meeting their renewable energy and carbon reduction goals. Together with the Sunverge Infinity edge controller, the Sunverge VPP platform provides intelligent dynamic near real-time control over decentralized energy resources that is efficient, reliable, and responsive to ISO/RTOs, utilities and their customers. For more information please visit http://www.sunverge.com/
About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is committed to creating a better life and a better world by enabling its business-to-business customers through innovations in Sustainable Energy, Immersive Entertainment, Integrated Supply Chains and Mobility Solutions. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation. One of Interbrand’s Top 100 Best Global Brands of 2020, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region. Learn more about Panasonic’s ideas and innovations at www.na.panasonic.com/us.
Jared Blanton
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(415) 712-1417
Yessica Castillo
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(201) 253-6728
HOUSTON--(BUSINESS WIRE)--Murphy Oil Corporation (the “Company”) (NYSE:MUR) announced today that, subject to market conditions, it intends to offer $550 million of Senior Notes due 2028 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”).
The Company expects to use the net proceeds from the offering, together with cash on hand, borrowings under its revolving credit facility or a combination thereof, to fund the full redemption of its outstanding 4.000% Senior Notes due 2022 and 3.700% Senior Notes due 2022 (together, the “Existing Notes”) and to pay any related premiums, fees and expenses in connection with the foregoing.
BofA Securities, J.P. Morgan and MUFG are acting as physical joint book-running managers for the offering. The offering is being made under an automatic shelf registration statement on Form S-3 (Registration No. 333-227875) filed by the Company with the SEC and only by means of a prospectus supplement and accompanying prospectus. An investor may obtain free copies of the prospectus supplement and accompanying prospectus related to the offering by visiting EDGAR on the SEC website, www.sec.gov, or by contacting:
BofA Securities
NC1-004-03-43
200 North College Street, 3rd Floor,
Charlotte, NC 28255
Attn: Prospectus Department
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Telephone: (800) 294-1322
This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In addition, this news release does not constitute a notice of redemption of the Existing Notes.
ABOUT MURPHY OIL CORPORATION
As an independent oil and natural gas exploration and production company, Murphy Oil Corporation believes in providing energy that empowers people by doing right always, staying with it and thinking beyond possible. It challenges the norm, taps into its strong legacy and uses its foresight and financial discipline to deliver inspired energy solutions. Murphy sees a future where it is an industry leader who is positively impacting lives for the next 100 years and beyond.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified through the inclusion of words such as “aim”, “anticipate”, “believe”, “drive”, “estimate”, “expect”, “expressed confidence”, “forecast”, “future”, “goal”, “guidance”, “intend”, “may”, “objective”, “outlook”, “plan”, “position”, “potential”, “project”, “seek”, “should”, “strategy”, “target”, “will” or variations of such words and other similar expressions. These statements, which express management’s current views concerning future events or results, are subject to inherent risks and uncertainties. Factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement include, but are not limited to: macro conditions in the oil and natural gas industry, including supply/demand levels, actions taken by major oil exporters and the resulting impacts on commodity prices; increased volatility or deterioration in the success rate of our exploration programs or in our ability to maintain production rates and replace reserves; reduced customer demand for our products due to environmental, regulatory, technological or other reasons; adverse foreign exchange movements; political and regulatory instability in the markets where the Company does business; the impact on our operations or market of health pandemics such as COVID-19 and related government responses; other natural hazards impacting our operations or markets; any other deterioration in our business, markets or prospects; any failure to obtain necessary regulatory approvals; any inability to service or refinance our outstanding debt or to access debt markets at acceptable prices; or adverse developments in the US or global capital markets, credit markets or economies in general. For further discussion of factors that could cause one or more of these future events or results not to occur as implied by any forward-looking statement, see “Risk Factors” in our most recent Annual Report on Form 10-K filed with the SEC and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K that the Company files, available from the SEC’s website and from Murphy Oil Corporation’s website at http://ir.murphyoilcorp.com. Murphy Oil Corporation undertakes no duty to publicly update or revise any forward-looking statements.
Investor Contacts:
Kelly Whitley, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9107
Megan Larson, This email address is being protected from spambots. You need JavaScript enabled to view it., 281-675-9470
Infrastructure investor continues to invest in energy transition solutions
HOUSTON--(BUSINESS WIRE)--Arroyo Energy Investors, a Houston-based, independent infrastructure investment firm with a footprint in North and South America, announced their investment in two leading “behind the meter” power solutions companies, Life Cycle Power (“LCP”) and Alliance OGP (“Alliance”). Together, these companies provide a turnkey power and natural gas solution, enabling customers to convert natural gas into a clean, reliable source of electricity independent of the grid. Solutions scale from 1 to 100+ megawatts in an economically and environmentally effective manner.
LCP is a turnkey power solutions company based in Midland, Texas that utilizes mobile gas turbine generators to supply clean, reliable, and cost-effective power to customers in oil and gas, mining and other industrial sectors. LCP’s environmentally friendly solution enables operators to eliminate diesel consumption for power generation and reduce their carbon footprint by utilizing wellhead natural gas that may otherwise be flared. LCP operates more than 150 megawatts of mobile gas turbine generators in the U.S.
Alliance is a leading natural gas treatment and compression company based in Houston, Texas that is focused on helping the oil and gas industry move away from diesel consumption and use natural gas to electrify oil and gas operations. Alliance provides natural gas solutions to some of the largest operators in the oil and gas completions industry.
“We are excited to partner with both companies, which focus on bringing cost-effective and environmentally friendly power solutions to the oil and gas industry,” said Sam Warfield, Principal and Head of U.S. Investments at Arroyo. “The impact of the recent polar vortex event in Texas further highlights the need for more reliable, cost-effective and clean ‘behind the meter’ power generation solutions.”
These investments demonstrate Arroyo’s history of supporting the electrification of the oil and gas industry and its transition toward cleaner emissions.
“The LCP and Alliance offerings provide creative solutions that help customers unlock economic growth potential and create a net positive for our environment,” elaborated Chuck Jordan, an Arroyo Founding Partner. “Life Cycle Power and Alliance are installing solutions that immediately contribute to reduce emissions in the field and cost effectively use existing resources.”
For more information, including multi-media assets, please access our Digital Press Kit and follow on LinkedIn at https://www.linkedin.com/company/arroyo-energy-group.
ABOUT ARROYO
Arroyo Energy Investment Partners LLC is a private equity fund manager focused on infrastructure project investments throughout the Americas. Based in Houston with an office in Santiago, Chile, Arroyo actively manages more than $2 billion in assets. For further information, visit www.arroyoenergygroup.com.
For media inquiries:
Jennifer Petree
Petree Partners LLC
713-269-3776
Kerri Quinn
Arroyo Energy Partners LLC
281-825-5480
IRVINE, Calif. & OAKLAND, Calif.--(BUSINESS WIRE)--Adapture Renewables, Inc. announced today it has completed its acquisition of Rippey Solar, an 81 megawatt (MW) solar project in Cooke County, Texas from Hanwha Q CELLS USA Corp. Construction of the project, located 90 miles north of Dallas, began in April and the project achieved commercial operation in December 2020.
The project highlights Q CELLS’ strength as a vertically-integrated supplier of modules, developer, and engineering, procurement, and construction (EPC) manager. Hanwha Q CELLS USA Corp. had acquired the project mid-development and completed development work earlier last year before breaking ground. The project uses Q CELLS’ high-performance Q.PEAK DUO L-G8.3 and L-G8.2 modules, ideal for commercial and utility applications thanks to a combination of innovative cell technology and cutting-edge cell interconnection for superior yields and low LCOE.
JK (Jaekyu) Lee, Senior Vice President of Hanwha Q CELLS USA Corp. said, “We’re very proud to partner with Adapture Renewables, Inc. to bring this project to completion. The seamless integration between our development, EPC, and module supply teams facilitated a very efficient transaction during a challenging time in the capital markets due to COVID-19.”
Adapture Renewables, Inc. has a direct stake in the project’s success, having financed the project with in-house capital and will own and operate the project for the long-term. With this new acquisition, the company increases its total portfolio of solar energy generating assets to 239 MW DC across the country, including 95 MW DC in Texas.
“We take a deliberate approach to project selection and acquisition, adding only high-quality assets to our growing portfolio,” said Donald Miller, COO at Adapture Renewables, Inc. “The team at Q CELLS delivered a first-class facility with the Rippey project, and we’re looking forward to our new role as long-term neighbors, providing renewable energy to Texas consumers.”
About Adapture Renewables, Inc.
Adapture Renewables, Inc. is a solar project developer (and M&A shop), owner and operator. The company leverages its proven track record, deep domain expertise and comprehensive in-house development, EPC management, legal and project finance services to efficiently and effectively drive solar projects from origination to long-term operation. Backed by KIRKBI, Adapture Renewables, Inc. has the financial footing necessary to take a diligent and thoughtful approach to solar project development and is invested in its projects’ long-term success. The company’s culture of creative problem-solving and shared mission to accelerate the global transition to clean energy contribute to the company’s success deploying, owning and operating solar assets across ten states in the US. Adapture Renewables, Inc. is based in Oakland, CA. For more information about Adapture Renewables, Inc., visit https://adapturerenewables.com/.
About Q CELLS
Q CELLS is a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail. It is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with operations all over the world. Through its growing global business network spanning Europe, North America, Asia, South America, Africa and the Middle East, Q CELLS provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental and residential markets. For more information, visit: http://www.q-cells.com.
Safe-Harbor Statement
This press release contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and Adapture Renewables, Inc. and Q CELLS’ operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Except as required by law, Adapture Renewables, Inc. and Q CELLS does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Adapture Renewables, Inc.
Camille Cater
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Q CELLS USA, Media
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DUBLIN--(BUSINESS WIRE)--The "World - Wood Fuel (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights" report has been added to ResearchAndMarkets.com's offering.
This report has been designed to provide an in-depth survey of the global coniferous wood fuel market. It outlines the latest data sets of quantitative medium-term perspectives, as well as developments in production, trade, consumption and prices. The report also includes a comparative analysis of the leading consuming countries, revealing opportunities opened for producers and exporters across the world. The forecast displays market prospects to 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
Data coverage:
The report will help you:
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, the author combines the accumulated expertise of the analysts and the capabilities of artificial intelligence. The AI-based platform, developed by data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Key Topics Covered:
1. Introduction
Making Data-Driven Decisions To Grow Your Business
1.1 Report Description
1.2 Research Methodology And AI Platform
1.3 Data-Driven Decisions For Your Business
1.4 Glossary And Specific Terms
2. Executive Summary
A Quick Overview Of Market Performance
2.1 Key Findings
2.2 Market Trends
3. Market Overview
Understanding The Current State Of The Market And Its Prospects
3.1 Market Size
3.2 Consumption By Country
3.3 Market Forecast To 2025
4. Most Promising Products
Finding New Products To Diversify Your Business
4.1 Top Products To Diversify Your Business
4.2 Best-Selling Products Worldwide
4.3 Most Consumed Product Worldwide
4.4 Most Traded Product
4.5 Most Profitable Product For Export
5. Most Promising Supplying Countries
Choosing The Best Countries To Establish Your Sustainable Supply Chain
5.1 Top Countries To Source Your Product
5.2 Top Producing Countries
5.3 Top Exporting Countries
5.4 Low-Cost Exporting Countries
6. Most Promising Overseas Markets
Choosing The Best Countries To Boost Your Exports
6.1 Top Overseas Markets For Exporting Your Product
6.2 Top Consuming Markets
6.3 Unsaturated Markets
6.4 Top Importing Markets
6.5 Most Profitable Markets
7. Global Production
The Latest Trends And Insights Into The Industry
7.1 Production Volume And Value
7.2 Production By Country
8. Global Imports
The Largest Importers On The Market And How They Succeed
8.1 Imports From 2007-2017
8.2 Imports By Country
8.3 Import Prices By Country
9. Global Exports
The Largest Exporters On The Market And How They Succeed
9.1 Exports From 2007-2017
9.2 Exports By Country
9.3 Export Prices By Country
10. Profiles Of Major Producers
The Largest Producers On The Market And Their Profiles
11. Country Profiles
The Largest Markets And Their Profiles
For more information about this report visit https://www.researchandmarkets.com/r/kziyd0
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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SUNNYVALE, Calif.--(BUSINESS WIRE)--Ondas Holdings Inc. (NASDAQ: ONDS), a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets (“Ondas” or the “Company”), will release its fourth quarter and full year 2020 financial results before the market opens on Monday, March 8, 2021, with a webcast discussing these results to follow at 8:30 a.m. ET.
Investors may access the live webcast via the “News / Events” page of the Company’s Investor Relations website at https://ir.ondas.com. Following the presentation, a replay of the webcast will be available for 30 days in the same location of the Company’s website.
Conference Call & Audio Webcast Details |
|
Date |
Monday, March 8, 2021 |
Time |
8:30 a.m. ET |
Live Listen Only Webcast |
|
Participant Dial In (toll free) |
1-866-777-2509 |
Participant Dial In (International) |
1-412-317-5413 |
Participant Call Pre-Registration (encouraged) |
|
Pre-registration allows callers to gain immediate access and bypass the live operator. |
|
You can register at any time including during the call. |
|
About Ondas Holdings Inc.
Ondas Holdings Inc., through its wholly owned subsidiary, Ondas Networks Inc., is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. The Company’s standards-based, multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today’s legacy private licensed wireless networks. Ondas Networks’ customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands span a wide range of mission critical applications. These markets require reliable, secure broadband communications over large and diverse geographical areas, many of which are within challenging radio frequency environments. Customers use the Company's FullMAX technology to deploy their own private licensed broadband wireless networks. The Company also offers mission-critical entities the option of a managed network service. Ondas Networks’ FullMAX technology supports IEEE 802.16s, the new worldwide standard for private licensed wide area industrial networks. For additional information, visit www.ondas.com or follow Ondas Networks on Twitter and LinkedIn.
Investors:
Stewart Kantor, CFO
Ondas Holdings Inc.
888.350.9994 Ext. 1009
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Media:
Jeffrey Mathews / Dan Gagnier
Gagnier Communications
646.569.5711
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- Telit Modules Receive FCC Certification for Puloli NB-IoT Networks -
SAN FRANCISCO--(BUSINESS WIRE)--#IoT--Puloli, Inc., an innovative provider of standards-based, private LTE solutions for Critical Infrastructure Industries, and Telit, a global enabler of the Internet of Things (IoT), today announced that Telit’s ME910G1 module is FCC certified with the ME310G1 expected soon for use on Puloli networks supporting NB-IoT services in the Upper 700 MHz A Block frequency band. Puloli designs, builds, and operates end-to-end private IoT networks for key operational systems in electric, water, and oil & gas delivery. Expansion of the NB-IoT ecosystem is a primary enabler for utilities, energy, and other critical infrastructure industries looking to deploy massive IoT solutions supporting both internal operations and local communities.
Telit is an accomplished and trusted partner in the smart energy ecosystem and brings their long-standing experience to utilities and smart energy projects. Telit’s ME310G1 and ME910G1 modules are based on the Qualcomm 9205® LTE modem. Recently Puloli and Qualcomm Technologies Inc. announced support of the Qualcomm 9205 LTE modem for NB-IoT operations. Since then, Puloli has been expanding the types of endpoints that can be brought online to support a diverse set of applications for utilities and other Critical Infrastructure Industries. Telit’s modules come in a small form factor with low power consumption and a rich suite of software value-added services, including an on-board application development environment, out-of-the-box device management solution, and Telit’s eleven-time award winning OneEdge, an innovative module-embedded software system with pre-packaged, secure, easy-to-use deployment and management tools.
“The Qualcomm 9205 LTE modem is ideally suited for critical infrastructure applications with on-chip compute, communication and security capabilities,” said Hari Garlapati, senior director, technology and head of Smart Utilities & Asset Management, Qualcomm Technologies, Inc. “We are pleased to work with Puloli and Telit in enabling reliable and secure private LTE networks based on the Qualcomm 9205 LTE modem for NB-IoT operations.”
“The addition of Telit modules is exciting news for our customers as they now have additional options for endpoints and devices supporting their emerging needs,” said Kethees Ketheesan, CEO of Puloli. “Telit modules are being integrated into an increasing number of OEM products and services providing low-cost, massive IoT capabilities such as next-gen AMI, grid modernization and SCADA augmentation. We expect these verticals will see strong NB-IoT adoption in the near future.”
“Securing FCC certification of our ME310G1 and ME910G1 modules for use on Puloli’s networks provides customers with expanded offerings for private IoT networks,” said Manish Watwani, Chief Marketing and Product Office, Telit. “We’ve been touting this as the year of massive IoT and with a growing number of utilities, smart cities and other infrastructure industries deploying IoT applications and services, we are pleased to be collaborating with Puloli to provide a beneficial solution.”
“Electric utilities and other industrial companies have acquired FCC-licensed Upper 700 MHz A Block frequency covering about one-third of the U.S.,” said Robert Finch, President of Select Spectrum. “These companies appreciate the combination of long range, extended battery life, massive scalability, excellent security and moderate cost that are all driven by 3GPP cellular industry standards.”
About Puloli, Inc.
Puloli is an IoT Network-as-a-Service (NaaS) company providing private IoT network solutions based on LTE/5G IoT standards. Puloli’s customers in Critical Infrastructure Industries such a utilities and Smart Cities value the security, reliability, control, flexibility, and the lower cost of ownership that come with Puloli private IoT networks operating on licensed spectrum. Puloli supports a wide range of frequency bands with the ability to customize channelization schemes and band plans to take advantage of unique and non-traditional spectrum availability. Puloli’s end-to-end system integration makes it a leading turn-key service provider for the private IoT industry. Founded in 2016, Puloli is based in San Francisco, California. For more information, visit Puloli.com or email This email address is being protected from spambots. You need JavaScript enabled to view it..
About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio of wireless connectivity modules, software platforms and global IoT connectivity services, empowering hundreds of millions of connected ‘things’ to date, and trusted by thousands of direct and indirect customers, globally. With over two decades of IoT innovation experience, Telit continues to redefine the boundaries of digital business, by delivering secure, integrated end-to-end IoT solutions for many of the world’s largest brands, including enterprises, OEMs, system integrators and service providers across all industries, enabling them to simplify, connect and manage IoT at any scale.
Qualcomm is a trademark or registered trademark of Qualcomm Incorporated.
Qualcomm 9205 LTE Modem is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.
Bobbi Harris
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919-609-8185
DUBLIN--(BUSINESS WIRE)--The "Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global boat building and repairing market as it emerges from the COVID-19 shut down.
Major companies in the boat building and repairing market include Brunswick Corporation; Riviera; Holyhead Boatyard Ltd; Ancasta International Boat Sales Ltd and Survitec Survival Craft Ltd.
The global boat building and repairing market is expected to grow from $41.09 billion in 2020 to $43.95 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $57.11 billion in 2025 at a CAGR of 7%.
The boat building and repairing market consists of sales of boats and boat building and repairing services and related services by entities (organizations, sole traders and partnerships) that operate shipyards or boatyards. Shipyards and boatyards are fixed facilities with drydocks and fabrication equipment capable of building boats, including dinghies, hovercrafts, motorboats, rowboats, yachts, sailboats and inflatable rubber boats. The boat building and repairing market is segmented into boat building and boat repairing.
North America was the largest region in the global boat building and repairing market, accounting for 37% of the market in 2020. Asia Pacific was the second largest region accounting for 36% of the global boat building and repairing market. Africa was the smallest region in the global boat building and repairing market.
Boat building companies are increasingly using 3d printing technology in the manufacture of boats. 3D printing involves the building of three-dimensional objects using a digital model by laying successive layers of material. 3D printing provides boat manufacturers with advantages such as adjustability, cost reduction and convenience.
Manufacturing companies are focusing on new products especially for fishing and water sports. Many high-end yachts are already using 3D printed parts. For instance, in the USA, the UMaine (University of Maine) team built the largest 3D printed boat using the largest prototype polymer 3D Printer.
Advances in technology are expected to be a continued driver of market growth in the forecast period. The global boat building and repairing industry has experienced many technological advances in the last decade and this trend is expected to intensify.
The new features to expect in boats include autonomous driving, black finishing, wellness features, modern lighting, driver override systems, comprehensive tracking, active health monitoring and reconfigurable body panels. These innovations are expected to drive the boat building and repairing market during the forecast period.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Boat Building and Repairing Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Boat Building and Repairing Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Boat Building and Repairing Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Boat Building and Repairing Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Boat Building and Repairing Market Trends and Strategies
8. Impact of COVID-19 on Boat Building and Repairing
9. Boat Building and Repairing Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market
10. Boat Building and Repairing Market Regional Analysis
10.1. Global Boat Building and Repairing Market, 2020, by Region, Value ($ Billion)
10.2. Global Boat Building and Repairing Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Boat Building and Repairing Market, Growth and Market Share Comparison, by Region
11. Boat Building and Repairing Market Segmentation
11.1. Global Boat Building and Repairing Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Boat Building and Repairing Market Metrics
12.1. Boat Building and Repairing Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Boat Building and Repairing Market Expenditure, 2015-2025, Global
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/1vebmo
ResearchAndMarkets.com
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DALLAS--(BUSINESS WIRE)--#artificialintelligence--Lone Star Analysis, a trusted provider of leading-edge predictive and prescriptive analytics, and guided artificial intelligence solutions, has officially launched Lone Star Analysis Ltd., a U.K.-based subsidiary focused on growing the company’s operations throughout Europe.
“Expansion into the U.K. is an exciting step for Lone Star,” said Steve Roemerman, CEO and chairman, Lone Star Analysis. “We’ve been working to build relationships and have already established a few long-term clients, so we are ready to serve more customers there.”
Lone Star’s current European client roster includes the Norwegian Ministry of Defence (NORMoD) as well as a major defense prime contractor and major offshore operator. As a result of these successful, long-standing relationships, and the desire to expand its global reach, the company decided to take steps toward opening a U.K. branch in 2020. Now officially established, the initial goal is to grow in the defense and energy markets. The new location is primed to address the North Sea offshore market and the needs of the U.K. Ministry of Defence (MoD).
The new firm is led by a former Royal Air Force (RAF) officer, Robin Adlam. Having previously served as a consultant for Lone Star in the company’s quest to serve the U.K. MoD, Robin is well-versed in U.S./U.K. cooperation. In addition to his military background, he has managed expansions in the oil and gas industry, overseeing contracts in the U.K. market. With his long history of work in two of Lone Star’s main industries, he is well positioned to help the new location grow. In his role as managing director, Robin has already been instrumental in helping the company form teaming relationships within the European market.
Lone Star Analysis Ltd. will offer the same services as its parent company, in addition to an array of expanded training offerings.
To learn more about Lone Star Analysis Ltd., visit: https://www.lone-star.com/.
About Lone Star Analysis
Lone Star Analysis is a Dallas-based provider of applied decision intelligence and engineering solutions. We harness predictive and prescriptive analytics, artificial intelligence and inherent knowledge to enhance innovation, create economic strength, and make the world safer. Since 2004, organizations have trusted Lone Star to deliver actionable answers to complex problems in manufacturing, aerospace, defense, energy, logistics, transportation and more.
Media Contact:
Elle Glatz
Mod Op for Lone Star Analysis
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Annual IoT Breakthrough Awards Program Recognizes Standout Internet of Things Companies and Products
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today announced that it has been selected as the winner of the “Public Safety Innovation of the Year” award for the third consecutive year in the annual IoT Breakthrough Awards program. This program is conducted each year by IoT Breakthrough, which is a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet of Things market today.
The 2021 Public Safety Innovation of the Year award recognizes the cutting-edge IoT-based wastewater monitoring solution developed through a collaboration between Miami-Dade County Water & Sewer Department (WASD), Itron, Utility Systems Science & Software (US3) and the Avanti Company. Taking advantage of real-time data from US3’s wastewater flow sensors and Itron’s expertise in delivering outcome-based IoT solutions for critical infrastructure operators, this innovative solution enabled Miami-Dade County Water and Sewer Department to proactively identify I/I, prevent sewer overflows, improve water quality, protect local ecosystems and ensure public safety.
“Itron is not only displaying a high-level of IoT innovation with the developer program and IoT solutions, but this innovative smart city solution is a shining example of real-world IoT deployment yielding results,” said James Johnson, managing director at IoT Breakthrough. “With the Itron wastewater management system, Miami-Dade is improving system reliability and ensuring safety for their 2.7 million residents. We extend our sincere congratulations to Itron for taking home our 'Public Safety Innovation of the Year' award for 2021.”
The mission of the IoT Breakthrough Awards program is to recognize the innovators, leaders and visionaries from around the globe in a range of IoT categories, including Industrial and Enterprise IoT, Smart City technology, Connected Home and Home Automation, Connected Car, and many more. This year’s program attracted more than 3,850 nominations from companies all over the world.
“With Itron’s IIoT solution and robust partner ecosystem, we are bringing innovative solutions to market, such as the wastewater monitoring capabilities at Miami-Dade County Water and Sewer Department, in order to enhance public safety for the communities our technology touches,” said John Marcolini, senior vice president of Networked Solutions at Itron. “We are thrilled that the success of this collaboration, which is improving the utility’s ability to address state and federal regulatory standards while increasing operational efficiency, is being recognized in the 2021 IoT Breakthrough Awards program.”
To mitigate regulatory issues and prevent sanitary sewer overflows, Miami-Dade County Water & Sewer Department (WASD), with the active collaboration of Itron, planned, coordinated, and deployed this solution. In addition to helping the utility comply with local environmental regulations, and mitigate sewer overflows, the solution delivers significant operational efficiencies for the department’s I/I reduction program. This solution automates the reporting process for regulatory compliance, and improve field personnel mobilization, reducing the amount of deployments by 60 percent, avoiding unnecessary deployments and reducing operational costs for the utility.
About Itron
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
About IoT Breakthrough
Part of the Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the IoT Breakthrough Awards program is devoted to honoring excellence in Internet-of-Things technologies, services, companies and products. The IoT Breakthrough Awards program provides a forum for public recognition around the achievements of IoT companies and products in categories including Connected Home and Home Automation, Connected Car, Industrial IoT (IIoT) and Smart City, Consumer IoT and more. For more information visit IoTBreakthrough.com.
Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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New Scienlab Regenerative AC Emulator enhances existing solution for testing EV and EVSE charging standards and interoperability
SANTA ROSA, Calif.--(BUSINESS WIRE)--#EV--Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, has launched the SL1200A Series Scienlab Regenerative 3-Phase AC Emulator. It is a comprehensive one-vendor solution consisting of hardware, software, consulting and support services for electric vehicle (EV) and electric vehicle supply equipment (EVSE) charging applications and grid-edge applications.
Energy infrastructures are changing, and in the automotive industry, the electrification of vehicles is expected to create significant charging demands on the grid, while expanding the opportunity for energy storage through vehicle-to-grid (V2G) power applications. Variable renewable energy (VRE) and distributed energy resources (DERs) in the form of solar, wind and battery storage are the dominant theme in global grid modernization initiatives to help meet increased demand. The evolution and increased complexity of the grid leads to test challenges within EV/EVSE charging and grid-edge applications.
Keysight’s SL1200A series handles 3-phase AC test needs up to 1,200 voltage alternating current (VAC), from 30 kVA to 630 kVA, without the need for a transformer. Two voltage ranges are available. The 600 VAC is ideal for low voltage inverter test, as well as EV and EVSE charging test applications. The 1,200 VAC allows for high voltage ride through (HVRT) testing without the need for a large, complex test setup.
“Keysight’s new SL1200A series extends Keysight’s EV and EVSE charging and grid-edge test portfolio,” said Thomas Goetzl, vice president and general manager of Keysight’s Automotive and Energy Solutions business unit. “Along with the company’s SL1040A and SL1047A Scienlab Charging Discovery System, it provides a complete solution that enables our customers to create real-world charging scenarios with confidence in the ability to meet global standards.”
Keysight’s SL1200A series delivers the following key customer benefits:
About Keysight Technologies
Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight’s dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow’s technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics. Keysight generated revenues of $4.2B in fiscal year 2020. For more information about Keysight Technologies (NYSE: KEYS), visit us at www.keysight.com
Additional information about Keysight Technologies is available in the newsroom at https://www.keysight.com/go/news and on Facebook, LinkedIn, Twitter and YouTube.
KEYSIGHT TECHNOLOGIES CONTACTS:
Geri Lynne LaCombe, Americas/Europe
+1 303 662 4748
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Fusako Dohi, Asia
+81 42 660-2162
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DES PLAINES, Ill.--(BUSINESS WIRE)--#CJLogistics--DSC Logistics, a leading logistics and supply chain management company, today officially announced its rebranding as CJ Logistics and launched its new website, cjlogisticsamerica.com.
CJ Logistics, a major supply chain leader in Asia and a top global logistics services provider, joined with DSC to expand its North American platform which now includes over 80 locations in the United States, Canada and Mexico, including warehouses, transportation, freight forwarding and corporate offices, with a combined warehousing footprint now exceeding 30 million square feet.
DSC was founded in 1960 on Chicago’s South Side as Dry Storage Corporation. Under the leadership of former CEO Ann Drake, the company grew to become DSC Logistics, excelling at strategic partnerships and providing large-scale warehouse operations leadership for highly regulated industries including food, CPG and healthcare. In August 2018, DSC completed the transfer of majority ownership to CJ Logistics, and, in early 2020, completed a full transfer of ownership, announcing that it had combined with other CJ Logistics North American entities under one operating company, CJ Logistics America, with plans to rebrand as CJ Logistics in 2021.
As a newly integrated company with broadened capabilities and a global network, CJ Logistics America, a division of CJ Logistics, is focused on unlocking the potential of customers’ supply chains. Its corporate offices are based in Des Plaines, IL, the longtime site of DSC Logistics’ headquarters, with leader Ed Bowersox serving as CEO of CJ Logistics America. "We are expanding solutions, providing a worldwide network and leading-edge technology,” said Bowersox. “Our focus continues to be on customer value creation and cultivating exceptional talent, and now the possibilities are greater than ever before."
The company’s new website, cjlogisticsamerica.com, reflects the combined talent and capabilities of DSC and CJ Logistics. With emphasis on unity, mobility and speed, the CJ Logistics brand embodies themes of innovation, leadership, trust, customer well-being and commitment to community. “We are now offering fully integrated end-to-end supply chain solutions across the globe, and it’s very exciting,” said Kevin Coleman, Chief Customer Officer of CJ Logistics America. “Serving customers as one united company and brand reflects our passion for continuous improvement and a fully integrated customer experience.”
CJ Logistics and CJ Logistics America
CJ Logistics provides integrated global supply chain services, maximizing customer value through continuous improvement and innovation. With a focus on social responsibility and sustainability through growth with customers and communities, CJ Logistics prioritizes the well-being of the end consumer. CJ Logistics offers an integrated, one-stop SCM service platform with air and sea international freight forwarding, warehousing and transportation contract logistics, asset-based transportation, parcel and express delivery, and supply chain consulting. As a lead logistics partner (LLP), third-party logistics provider (3PL) and supply chain consultant, CJ Logistics helps customers leverage supply chain management as a competitive advantage, reducing total system costs, transforming business processes, improving service and facilitating growth and change. CJ Logistics America, a division of CJ Logistics, is responsible for leading warehousing, transportation and freight forwarding operations across the North America region, specializing in solutions for regulated industries such as food and beverage, consumer packaged goods, healthcare and medical supplies, and tire and automotive. cjlogisticsamerica.com
Jennifer Nix at This email address is being protected from spambots. You need JavaScript enabled to view it. or call (312) 402-0740
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Atwell, LLC is pleased to welcome Andrew DeWitt to its team as a Team Leader in the environmental practice. Based in Atwell’s Southfield, Michigan office, Andrew will be responsible for managing renewable energy project teams, guiding team deliverables, and client relationship management and development across renewable energy markets nationwide. Andrew will play a key role in overseeing Atwell’s environmental programs and initiatives for clients developing and pursuing solar and wind energy assets. In doing so, Andrew will provide strategic advice and risk-management support.
Prior to joining Atwell, DeWitt was a senior project manager at Environmental Resources Management based in west Michigan. He specializes in managing multi-disciplinary teams on large-scale and complex projects for clients across a range of industries, including power and energy, oil and gas, mining, and telecommunications. He has notable success managing major capital projects that required challenging permitting and National Environmental Policy Act (NEPA) compliance, and he has managed NEPA projects under the direction of almost ten different lead federal agencies across the United States and its territories. In addition, Andrew has managed due diligence, brownfield redevelopment, and remediation projects throughout the Midwest. DeWitt holds a bachelor of science degree in Geology (Biology minor) from Grand Valley State University and a Master of Science in Geospatial Sciences in Geology and Geography from Missouri State University.
“Andrew’s permitting experience in the power and renewable energy industry will be put to good use for our clients and staff,” said Atwell Vice President Christopher Rutledge. “His ability to manage large capital projects as well as his ability to navigate the permitting process through federal, state and local regulatory agencies, make him an excellent addition to our team.”
Atwell, LLC is a national consulting, engineering, and construction services firm with technical professionals located across the country. Creating innovative solutions for clients in industries such as power and energy, real estate and land development, and oil and gas, Atwell provides comprehensive turnkey services including land and right-of-way support, planning, landscape architecture, engineering, land surveying, environmental compliance and permitting, and project and program management.
Timothy Augustine, Senior Vice President
ATWELL, LLC
248.447.2005
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GRAND JUNCTION, Colo.--(BUSINESS WIRE)--#SCADA--Iron-IQ kicks off 2021 by offering mid-market oil and gas operators a more sensible way of getting all their equipment, people, and processes connected within the cloud. Now operators don’t have to spend a small fortune in CAPEX or heavy OPEX maintenance costs to have best-in-class SCADA and workflow automation.
“After working in the patch for hundreds of hours, dealing with the hassles and high-cost of on-premise SCADA solutions. Our team knew there had to be a better way,” commented Iron-IQ CEO, Michael Ligrani.
Iron-IQ’s platform pushes the edge of SCADA technology with powerful tools like integrated NodeREDTM automation, advanced Production Forecasting, and intelligent alarms. “We taught it to play nice with others so it’s third party friendly too,” Ligrani said. “Our SCADA system is able to think, enabling people to avoid the pain of trying to get their SCADA system to integrate with other software. Now, it’s right at their fingertips.”
Their advantages aren’t all technological. Having merged with an established production optimization software company, Iron-IQ offer deep domain expertise encoded into their system. With multiple petroleum and automation engineers on staff, they can quickly get your operations online and optimized.
“SCADA systems should be simple to use, customizable, and easy to access by anyone regardless of their company size,” Michael explained, “It shouldn’t matter if you and your son are working a dozen wells or you’ve got a team of 100 guys; everyone deserves a dependable system that transfers directly into their operations. That’s why we started the SCADA revolution with Iron-IQ.”
More and more companies are choosing to join the SCADA revolution. Migration from existing legacy systems is fast and well supported. Iron-IQ provides internal IT and OT support to make transitioning quick and painless.
To join the SCADA revolution, visit https://iron-iq.com/ or contact Iron-IQ directly using the contact information below.
Related Links
https://iron-iq.com/
Josh Spraker
877-664-9355
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MILLBROOK, N.Y.--(BUSINESS WIRE)--Tankfarm, a new kind of propane distribution company, announced today that it has brought on veteran tech investor Edward Mirsepahi as its founding CFO.
“Edward comes to us after an investing career that spans over 25 years on Wall Street and, most recently, as a Silicon Valley-based investment manager who consistently delivered market-beating returns to his investors,’ said Andrew Heaney, Tankfarm co-founder and CEO. ‘Edward’s experience in leading and managing organizations, plus his unique understanding of technology-enabled service businesses like Tankfarm, is going to be a tremendous asset to us, especially as we embark on raising our Series-B.”
Tankfarm invests in software and tank monitors to make deliveries more efficient and profitable for suppliers and more convenient for consumers. The company aims to improve the propane industry’s approach to technology, so it can begin to meet the expectations of today’s propane consumer. The U.S. propane industry is highly fragmented and has been slow to embrace new technology.
“In less than two years, Tankfarm has built a high-powered C-suite with over a hundred years experience in the propane, technology and financial industries, “Heaney explained. “Combined with our amazing and talented product, sales and customer support teams we’re well-positioned to develop the best customer experience in the propane industry.”
Tankfarm builds software and applications that connect propane customers with suppliers in an easy, intuitive, transparent way. The company is laser focused on the residential propane market and delivers a seamless customer experience. The software is free to use, Tankfarm does not charge any hidden nuisance fees, and customer service is a priority. To fulfill deliveries, Tankfarm has partnered with top propane marketers in 30 states and from over 200 locations. Its mobile app communicates with a wireless monitor Tankfarm places on all tanks to help customers know how much propane they have in their tank, how much they’re using and when they’re using it.
Tankfarm is headquartered in Millbrook, New York. For more information, visit: https://tankfarm.io
About Tankfarm
Tankfarm is a propane distribution company that invests in software and tank monitors to make deliveries more efficient and profitable for our suppliers, and to delight our users. Tankfarm’s free software connects residential propane customers with suppliers; offers transparent, upfront pricing; and provides superior customer service. The Tankfarm supplier network spans 30 states and over 200 locations. Our mission is to improve the propane industry’s approach to technology and improve the customer experience.
Tankfarm is a member of the National Propane Gas Association (NPGA), the Propane Gas Association of New England (PGANE), the Maine Energy Marketers Association, the New York Propane Gas Association (NYPGA), the New Jersey Propane Gas Association (NJPGA), the Pennsylvania Propane Gas Association (PAPGA), the Mid-Atlantic Propane Gas Association (MAPGA) the Virginia Propane Gas Association (VPGA), the Rocky Mountain Propane Association(RMPA), the Western Propane Gas Association (WPGA), the Pacific Propane Gas Association (PPGA), and the Texas Propane Gas Association (TPGA).
Andrew Heaney
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Highlights:
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been selected to design an autonomous surface ship concept for the U.S. Defense Advanced Research Projects Agency (DARPA) to demonstrate the reliability and feasibility of an unmanned ship performing lengthy missions.
L3Harris was chosen for phase one of the two-phase No Manning Required Ship (NOMARS) program. The L3Harris design concept will streamline NOMARS’ construction, logistics, operations and maintenance life-cycle. The company teamed with VARD Marine to validate the concept and design of the architecture and hull, mechanical and electrical systems.
The L3Harris design features an advanced operating system that can make decisions and determine actions on its own – without direct human interaction. This concept optimizes autonomous surface ship operations to support the U.S. Navy’s future missions.
“L3Harris continues to pioneer innovative autonomous solutions that offer fully automated and integrated ship control and preventative maintenance systems to the U.S. Navy and its allies,” said Sean Stackley, President, Integrated Mission Systems, L3Harris. “The NOMARS program selection reinforces our commitment to deliver highly reliable and affordable autonomous solutions that transform the way the U.S. Navy conducts its future missions.”
L3Harris is a world leader in Unmanned Surface Vehicle (USV) systems, with over 125 USVs and optionally manned vehicles delivered. The company’s USVs are actively serving U.S and international navies, universities, research institutions and commercial businesses.
About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries. L3Harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about technology capabilities are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Marcella F. Thompson
Integrated Mission Systems
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214-430-8872
Jim Burke
Corporate
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321-727-9131
Wisconsin-based company delivers engines for USS John L. Canley that will reduce operational costs through fuel efficiency, improved performance and lower emissions
BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse, a portfolio company of Arcline Investment Management and a leading provider of solutions that are powering the world forward, recently delivered four FM 6L48/60CR engines to General Dynamics NASSCO in San Diego for Military Sealift Command on the USS John L. Canley (ESB 6). The ship is the sixth in the U.S. Navy’s Military Sealift Command Expeditionary Transfer Dock (ESD)/Expeditionary Sea Base (ESB) program and is designed to serve as a mobile sea base that provides access to critical infrastructure for the deployment of forces and supplies.
“We are proud to once again deliver American-made power and propulsion systems that support critical operations for the U.S. Navy’s global missions,” said George Whittier, Fairbanks Morse CEO. “Our common rail technology solution is one of the most fuel-efficient and reliable maritime power solutions available and will generate significant cost savings for the U.S. Navy over the operational lifetime of the engines.”
The four FM 6L48/60CR engines are rated at 6,480 kW and will deliver a total of 25,920 kW of installed power. The engines utilize common rail technology to deliver high fuel efficiency throughout the ships’ operational conditions. Common rail technology uses a high-pressure header, high-pressure pumps, electronically controlled fuel delivery, electronic governing system and an advanced control system to deliver precise amounts of fuel throughout all engine operations. This results in improved performance, increased fuel efficiency and lower emissions.
ESB class ships are used for a wide range of military operations and may support multiple operational phases. Among these are Air Mine Counter Measures (AMCM), counter-piracy operations, maritime security operations, humanitarian aid and disaster relief missions and U.S. Marine Corps crisis response.
ESB 6 honors Marine Corp Sergeant Major (Retired) John L. Canley, a Medal of Honor Recipient for his actions serving during the Battle of Hue City in Vietnam Jan. 31 – Feb. 6, 1968. The Medal of Honor is our nation’s highest military honor.
General Dynamics NASSCO started construction on ESB 6 in June 2020 and is also contracted to build ESB 7. Fairbanks Morse will begin construction on engines for ESB 7 later this year.
Fairbanks Morse has served the U.S. Navy for more than 70 years, providing high-quality engines for marine propulsion and ship service systems. Today, Fairbanks Morse engines are installed on approximately 80% of U.S. Navy ships with a medium speed application.
About Fairbanks Morse
Fairbanks Morse manufactures and services heavy-duty, medium-speed reciprocating engines under the Fairbanks Morse® and ALCO® brand names, which are used primarily in marine and power generation applications. Fairbanks Morse has been the original equipment manufacturer of its engines for over 125 years and has a large installed base for which it supplies aftermarket parts and services. Fairbanks Morse is the principal supplier of diesel engines to the U.S. Navy, U.S. Coast Guard and the Canadian Coast Guard. One hundred percent of manufacturing is conducted in its U.S.-based facility in Beloit, Wis., while aftermarket parts and services are delivered through its growing network of service centers strategically located around the U.S. and through its affiliates Ward Leonard and Breco International. Fairbanks Morse is a portfolio company of Arcline Investment Management. Learn more about Fairbanks Morse by visiting www.fairbanksmorse.com.
Mercom Communications
Michelle Hargis
1.512.215.4452
www.mercomcapital.com
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DHAHRAN, Saudi Arabia & PALO ALTO, California--(BUSINESS WIRE)--#AI--Aramco Trading Company (ATC) and Maana today announced the launch of Fanar, the first Artificial Intelligence (AI)-driven maritime fleet optimization application on Microsoft Azure purpose-built for the oil and gas industry.
Fanar combines the expertise of ATC and the Maana Q knowledge technology. It unifies maritime fleet optimization, planning, management and shipment scheduling on a single platform. The application:
Fanar has been tested daily by ATC since June 2020.
“Collaboration between Maana and Microsoft helps us, through Fanar, to drive down costs,” said Ibrahim Q. Al Buainain, President and CEO of Aramco Trading Company. “Fanar enables us to optimize all local decisions across our maritime shipping and logistics workflows.”
Based on any given a set of cargoes and fleet of vessels, Fanar can determine how to ship the cargo in a way that minimizes cost, optimizes fleet utilization and maximizes business value. It continuously computes dynamic criteria such as vessel locations and actuals; terminals and ports status and congestion; bunkering locations, costs and quality; vessel cleaning; time and spot chartering costs; weather; risk of piracy, terrorism or war; risk of labor and social unrest resulting in closures; epidemics; shipping routes; canal fees; charter party specifications; Contracts of Affreightment (COA); commodity prices; special considerations; business rules and more.
“Under the hood of Fanar is the digital twin of ATC’s global maritime operations,” said Babur Ozden, founder and CEO of Maana. “It is the largest digital twin in the world on Microsoft Azure for global maritime shipments of oil and gas, holding the history, present state and future simulations of billions of barrels of petroleum products, thousands of voyages and vessels.”
“Maana is a founding technology member of Energy Core, a global Microsoft initiative dedicated to digital transformation in the energy sector, through the power of artificial intelligence and cloud technologies,” said Darryl Willis, Corporate Vice President of Energy at Microsoft. “Fanar is a great example of how Maana and ATC are using Microsoft Azure for supply chain optimization.”
The Fanar application is available to Azure customers. For more information, please contact This email address is being protected from spambots. You need JavaScript enabled to view it.
About Aramco Trading Company
Aramco Trading Company (ATC) is a wholly owned subsidiary of Saudi Aramco and is responsible for handling Saudi Aramco’s domestic and international supplies to worldwide markets. ATC’s mission is to integrate Saudi Aramco’s global Downstream assets to maximize profitability while ensuring Saudi Aramco’s systems are optimized and reliably balanced.
About Maana
Maana organizes human expertise, enterprise knowhow and industrial data into digital knowledge to assist subject matter experts at critical operation affecting the global economy.
Mandi Browning
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RegLynk GRC Integrates Directly Within Organizations Creating Comprehensive and Intuitive Compliance Risk Management
SAN FRANCISCO--(BUSINESS WIRE)--Dividend Finance, a top-five lender to U.S. residential solar and home energy markets, today announced the public launch of RegLynk, its proprietarily- developed Governance, Risk and Compliance (GRC) platform software solution which will now be made available to third-party customers. RegLynk solves the pain points experienced by so many regulated companies in effectively managing and navigating a complex meshwork of policies, processes, regulations, licenses, and contracts relating to their businesses.
Dividend, which was founded in 2013 as the first residential solar lending platform, has always operated with both innovation and regulatory compliance top-of-mind, and the launch of its RegLynk platform offering to third-parties marks the culmination of several years of platform development inspired by these two themes.
Originally conceived as a Compliance Management System (CMS) by Dividend Finance compliance officers for supporting Dividend’s own business needs as a regulated lender, RegLynk has evolved into a first-of-its-kind modularized GRC solution suite that enables any business across any industry to seamlessly manage governance, risk, and compliance functions in an integrated platform experience.
RegLynk addresses the pervasive lack of oversight that exists with business processes in many sectors, and the risks associated with those processes. Process flows and spreadsheets are traditionally siloed, but RegLynk brings these two elements together into an active, living and automated Risk Control Matrix. This comprehensive, integrated methodology minimizes oversight gaps and risk. In addition to financial services customers, RegLynk applies to installers, including Dividend Finance’s extensive contractor network. It provides significant value to these professionals, including vendor management, licensing management, complaint management and a variety of other critical issues.
“We have always taken great pride in our compliance first culture at Dividend,” said Dave Sterlitz, General Counsel and Chief Compliance Officer, Dividend Finance. “Over the years and through countless hours we have developed and refined a Governance, Risk and Compliance solution that not only serves Dividend well, but has also captured the admiration of our bank and depository partners and investors. The market is anticipated to grow to roughly $55 billion by 2025 with a CAGR of nearly 53 percent over that period, and with a change in the regulatory environment we see an opportunity to take our best-in-class GRC to a market that is in great demand and growing.”
“RegLynk is a powerful asset for any organization, and Dividend has demonstrated in its own use-case that RegLynk can be effectively utilized to complement business operational goals,” said Eric White, CEO, Dividend Finance. “Compliance has always been an essential part of our daily lives at Dividend and now we are transforming the GRC landscape by removing the perception of compliance being an intrusive obligation, to instead being a mission critical management capability and business enabler.
RegLynk connects regulatory policies and procedures, and Risk/Control Matrix, to a company’s unique business operations. The solution’s configurable compliance testing tool allows users to establish a fully-integrated testing oversight program that ingests business data – providing real-time insight into compliance performance.
RegLynk also includes a Learning Management System that allows users to tailor training and lessons specific to operational functions, providing relevant compliance training to ensure that staff are educated and kept informed of regulatory requirements. The solution’s Vendor Management System (VMS) includes an efficient and automated vendor onboarding, diligence, risk assessment, contract management and oversight process, fully integrated and connected to RegLynk’s Business Continuity and Information Security modules, enabling comprehensive oversight of vendor risk and business resiliency.
“Compliance management is of the utmost importance to Advanced Financial Company and when we considered compliance management solutions, we wanted a comprehensive tool that could be tailored to our business to ensure our operations were in compliance at all levels of governance, local, state and federal,” said Kyle Kolsky, AFC’s Chief Operations Officer. “RegLynk was the only compliance software we found that could do so. Many of the other tools monitored the compliance department’s activities, not the actual compliance of our operation. Having the ability to create operational flow charts and testing to ensure we’re within our compliance programs is an incredibly powerful oversight tool. We’re thrilled to have the RegLynk GRC as our source of compliance management.”
Critical RegLynk features include:
About Dividend Finance
Dividend Finance, which has originated more than $2 billion in loans, is a national provider of renewable energy and energy-efficient home improvement financing options to property owners. With the launch of RegLynk, the company is proudly entering the RegTech market. Dividend Finance gives its customers the opportunity to obtain clean energy financing through a comprehensive suite of financing options and is excited to now provide the company’s world class approach to compliance risk management to other financial services companies. More broadly, Dividend Finance brings significant value to its installer network, including vendor management, licensing management, complaint management, state disclosure and other critical issues.
Phillip Bergman
Viewstream
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