Business Wire News

15-year contract will provide enough reliable energy to power more than 13,500 Southern California homes while avoiding over 21,000 Metric Tons of Greenhouse Gas emissions each year

LOS ANGELES--(BUSINESS WIRE)--Fervo Energy and Clean Power Alliance (CPA) are pleased to announce the execution of a 33 MW power purchase agreement (PPA) that will provide 24/7 carbon-free geothermal power to CPA, a community-driven, locally operated Southern California electricity provider. The 15-year contract will provide non-weather dependent, clean renewable energy to CPA’s 32 member communities across both Los Angeles and Ventura counties, encompassing more than three million residential and commercial customers.


Geothermal energy is heat within the earth and is a renewable energy source as heat is continuously being produced inside the earth. CPA selected Fervo Energy, a leading developer of next-generation geothermal energy, to increase its carbon-free energy deployment in response to a 2021 State of California mandate requiring load-serving entities to procure 1,000 MW of non-weather-dependent, zero-emission baseload energy. The project will dispatch 33 megawatts of baseload carbon-free geothermal energy from Beaver County, Utah to California's regional grid, with expected operation in the second quarter of 2028. The project will provide enough energy to power 13,559 Southern California homes per year while avoiding 21,005 metric tons of greenhouse gas (GHG) emissions each year. The project is estimated to create 723 new construction jobs and 27 permanent jobs.

“CPA is proud to contract with this new build geothermal resource, which uses cutting-edge technology to complement our existing renewable energy portfolio,” said Natasha Keefer, Clean Power Alliance’s Vice President of Power Supply. “Unlike solar and wind energy which are intermittent, geothermal energy delivers reliable renewable energy around-the-clock to our millions of Southern California customers.”

Fervo Energy brings a variety of innovative technologies to the geothermal power space including horizontal drilling and distributed fiber optic sensing that it uses to deliver more reliable and cost-effective projects. This approach makes geothermal power accessible in far more places than before and dramatically increases its potential as a widespread energy source.

“Fervo is making geothermal energy economic and scalable. This once-niche solution is becoming an increasingly indispensable part of the clean energy transition. Fervo is thrilled to bring this solution to CPA’s millions of Southern California residential and business customers,” said Dawn Owens, Head of Development at Fervo Energy.

About Clean Power Alliance

Founded in 2017, Clean Power Alliance is the locally operated not-for-profit electricity provider for 30 cities across Los Angeles County and Ventura County, as well as the unincorporated areas of both counties. CPA is the fifth largest electricity provider in California and has the most customers receiving 100% renewable energy in the nation. CPA serves approximately three million people via one million customer accounts, providing clean renewable energy at competitive rates. To view CPA’s 2021 Impact Report, click here. For complete information regarding CPA visit www.cleanpoweralliance.org.

About Fervo Energy

Fervo Energy provides 24/7 carbon-free energy through development of next-generation geothermal power. Fervo’s mission is to leverage innovation in geoscience to accelerate the world’s transition to sustainable energy. Geothermal has a major role to play in the future electric grid and Fervo’s key innovations bring a full suite of modern technology to make geothermal cost competitive. Fervo’s innovations include technologies such as advanced computational models, horizontal drilling, and distributed fiber optic sensing that have been developed with partners including Schlumberger, ARPA-E, and the Lawrence Berkeley National Lab. Fervo has an industry-leading development pipeline with projects with multiple partners including Google and East Bay Community Energy. Fervo’s investors and financiers include leading venture capital firms Capricorn and Breakthrough Energy Ventures, industry leaders Helmerich and Payne and BHP, and research support through Activate, ARPA-E, and the Department of Energy Geothermal Technologies Office. For more information, please visit www.fervoenergy.com.


Contacts

Clean Power Alliance
Joseph Cabral
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213-442-8109

Fervo Energy
Sarah Jewett
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CALGARY, Alberta--(BUSINESS WIRE)--#alberta--Inclusive Energy Ltd. (“Inclusive”), a leader in the oil and gas equipment services sector, is pleased to announce the ongoing creation of multiple high impact strategic partnerships over the past few months, which has included the closing of milestone financings with a number of substantial Canadian oil and gas producers. The partnerships with these companies marks additional underwritings for Inclusive in the upstream market and is a continuation and further validation of Inclusive’s proven, successful investment platform.


As a true believer and supporter of the local energy space, the mandate of Inclusive is to invest with experienced executive teams with proven track records of adding value through accretive asset growth. These companies have a deep inventory of drilling opportunities and land holdings in the western provinces, which will be developed with significant capital programs in the coming quarters. Under its partnership arrangements, in addition to providing equity investment in the early stages, Inclusive will be a key provider of oilfield equipment to all of the companies as they deploy capital towards their asset bases.

The financing and partnership transaction with one of these companies, Heartland Oil Corporation, was recently closed. Heartland has a production base of 1,000 BOE/day from its current inventory of high quality, mainly operated assets located in Saskatchewan and Alberta. Under the innovative financing arrangement with Heartland, Inclusive has provided a lending facility in exchange for royalty interests, which are production volume based and only apply during a limited timeframe. The capital provided will be directed towards consolidation of shareholder equity and development of the company’s operated properties, allowing Heartland to accelerate growth and maximize returns by taking advantage of higher commodity prices.

With its ongoing investments in both public and private companies in the upstream sector, Inclusive is continuing to build its portfolio of well-managed companies and establish its market presence as a provider of capital solutions for the junior upstream sector, focused on value creation. Inclusive Energy, and its global financial partners, are actively seeking upstream investment and lending opportunities in energy companies, projects and assets which offer a strong financial return and growth potential with a sustainable ESG commitment.

The funding investments by Inclusive complement its existing oilfield equipment business and the partnerships offer unique synergies and efficiencies for the producing companies to deploy capital and unlock the vast potential of their assets. Bilal Hydrie, President and CEO of Inclusive Energy commented on his Company’s latest partnerships and on the advantages of energy companies working with Inclusive, “We are excited to see further evolution and proof of concept of our innovative partnership model, providing both capital funding and equipment services to companies creates a natural strategic alignment. Inclusive is pioneering a holistic and sustainable partnership approach, targeting producers that want to implement a true growth strategy and recognize the advantages of leveraging their assets. These companies are reaping the rewards of access to capital and Inclusive is here to provide significant private capital funding, unique financing and debt solutions.”

The management team of Inclusive Energy has decades of specialized experience in the financial, banking and energy sectors, focusing on resource development and value creation. Inclusive Energy is part of the Habib Group, a global leader across a wide range of industries ranging from Banking and other financial services to manufacturing of commodities and biofuels.

With a small team of industry experts and immediate capital available, Inclusive can be nimble, provide quick turnaround times and flexible financing arrangements. Michael Kryczka, Vice President, Corporate Development of Inclusive Energy emphasized on the advantages of energy companies aligning with Inclusive, “I encourage oil and gas producers to reach out to Inclusive. With our deep-rooted banking background, we understand the risks and challenges facing producers in an environment where traditional capital sources are scarce. We strongly support the local market and are committed to helping these companies to optimize production and develop their projects to create value for shareholders.”

Mr. Kryczka re-iterated his enthusiasm for investing in the Canadian energy sector and that Inclusive is well-positioned in an opportunity rich market for new partnerships, “Despite uncertainty in the global economy and perceived regulatory and policy risk at home, we believe the underlying market fundamentals are positive. However, capital for junior oil and gas companies continues to be very tight, as banks and traditional lenders turn their backs on the small producers, leaving them financially stranded. Inclusive is accessing its global investor base and is here to fill this niche market and invest in skilled management teams - supporting these companies with innovative local solutions. “

Inclusive Energy offers a broad range of flexible, creative and accretive financing alternatives to assist companies or projects with capital requirements. Inclusive can invest at the corporate level or through direct participation in assets/projects via joint ventures, farmins or royalty arrangements.

Inclusive Energy’s capital investment fund complements its existing oilfield service business, where the company has established itself as an industry leader, focused on delivering the highest standard of customer service, quality, and value to its clients. Inclusive offers flexible payment options to industry on an extensive inventory of equipment including storage tanks, separator vessels, line heaters, rig matts, compressors, pumpjacks and trailers.

For further information about Inclusive Energy and to explore potential investment and partnership opportunities, please contact/we can be reached at Inclusive Energy.


Contacts

Bilal Hydrie, President and CEO
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(403)444-6897
Inclusivenergy.com

Michael Kryczka, Vice President, Corporate Development
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(403)701-2110

OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the third quarter ended September 30, 2022 on Tuesday, November 1, 2022, after the close of the stock market.


LSB’s management will host a conference call on Wednesday, November 2, 2022 at 10:00 am ET / 9:00 am CT to discuss these results. Participating in the call will be President & Chief Executive Officer, Mark Behrman, and Executive Vice President & Chief Financial Officer, Cheryl Maguire. Interested parties may participate in the call by dialing (888) 437-3179 / (862) 298-0702. Please call in 10 minutes before the conference is scheduled to begin and ask for the LSB Industries conference call. To coincide with the conference call, LSB will post a slide presentation at www.lsbindustries.com on the webcast section of the Investor Info tab. Following the prepared remarks, there will be a question and answer session.

To listen to a webcast of the call, please go to LSB’s website at www.lsbindustries.com at least 15 minutes before the conference call to download and install any necessary audio software. If you are unable to listen live, the conference call webcast will be archived on LSB’s website for 90 days.

About LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers primarily throughout the United States. Committed to improving the world by setting goals that will reduce our environmental impact on the planet and improve the quality of life for all of its people, the Company is well positioned to play a key role in the reduction of global carbon emissions through its planned carbon capture and sequestration, and zero carbon ammonia strategies. Additional information about LSB can be found on its website at www.lsbindustries.com.


Contacts

Investor Contacts:
Fred Buonocore, CFA, Vice President of Investor Relations
(405) 510-3550
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Media Contact:
David Kimmel, Director of Communications
(405) 815-4645
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Absolute Ocean Geospatial Platform to be Highlighted in Booth 209

AUSTIN, Texas--(BUSINESS WIRE)--Terradepth, a leading provider of marine data solutions, will demonstrate new seafloor hydrographic and geophysical survey capabilities, along with Absolute Ocean, an easy-to-use cloud-native geospatial ocean data management solution that will soon be available as a commercial service, at the OCEANS 2022 Conference.



“Terradepth is creating innovative solutions to the challenges that have traditionally impeded access to, and collaboration on, vital ocean information,” said Joe Wolfel, CEO of Terradepth.

Terradepth has launched an aggressive marine data collection program of its own. The Austin firm has taken a leadership role in deploying Autonomous Underwater Vehicles configured with multiple marine sensors for seabed site verification, pre-construction surveys, pipeline/cable inspection, dredging/trenching support, habitat mapping, mineral exploration, hazard identification, and unexploded munitions detection.

To make these and other marine data sets more accessible, Terradepth developed the Absolute Ocean solution that provides a means to securely collaborate, manage and deliver ocean data to internal and external stakeholders. Absolute Ocean allows survey companies, marine organizations, and ocean data consumers to interact with all their data sets in one geospatially referenced place for enterprise-wide access and global collaboration.

“Absolute Ocean assists marine organizations in making better decisions through easy access to data sets and visualization functionality,” said Wolfel. “Collaboration between users on different sides of the globe becomes as simple as opening a web browser.”

Terradepth uses Absolute Ocean as the collected data delivery platform for the geophysical and hydrographic survey solutions it provides. In addition, the firm has populated Absolute Ocean with thousands of publicly available data sets, including side-scan sonar, synthetic aperture sonar, magnetometer grids, multibeam bathymetry, LiDAR, and satellite imagery. The solution also serves as a storefront where customers can purchase commercial products, such as satellite-derived bathymetry from TCarta of Denver.

Clients can access these files along with their own proprietary data sets for visualization and geospatial analysis on Absolute Ocean. Access to pre-loaded data sets and advanced functionality – including machine learning-based object detection – will be available through a graduated subscription pricing structure. Subscribing organizations can set permissions to allow access for all or some files across their enterprise and to partners in any location.

Terradepth will demonstrate its complete offering of marine survey solutions and Absolute Ocean in booth 209 at the OCEANS 2022 Conference & Exhibition being held October 17-20, 2022, in Hampton Roads, Virginia, USA.

For more information on Terradepth solutions, please visit www.terradepth.com.

About Terradepth

Terradepth is an ocean data-as-a-service company focused on scaling ocean data collection and dissemination, enabling unprecedented exploration of the underwater environment. This is accomplished by environmentally friendly survey and monitoring operations that collect ocean data at the edge, combined with an immersive, browser-based geospatial portal for ocean data visualization, management and analysis. These capabilities enable better decision-making about the ocean.


Contacts

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  • Leading utilities show how water sector could become one of the fastest to decarbonize using existing technologies at low cost
  • A medium-sized water utility could reduce emissions equal to 150 transatlantic flights per year

WASHINGTON--(BUSINESS WIRE)--#LetsSolveWater--More than 80 water and wastewater utilities worldwide have set net-zero and climate-neutrality targets.1 These utilities are leading the decarbonization of the water sector with strategies that optimize operations while cutting greenhouse gas (GHG) emissions. A new paper from global water technology company Xylem (NYSE: XYL), Net Zero: The Race We All Win, shows how water managers are reducing their emissions and making infrastructure more resilient to climate change.



“We have an opportunity to help the water sector be the fastest to reduce its carbon emission footprint. Utilities, already on the frontlines of the effects of climate change and aging infrastructure, and passionate public servants, are the key,” said Patrick Decker, President and CEO of Xylem. “This paper and action show how leading water utility managers are delivering real progress toward net-zero goals. And these examples show how quickly and affordably they are doing it, while optimizing their overall operations. The technology exists to address these challenges, and the time to make a difference is now.”

Water infrastructure accounts for approximately 2% of global GHG emissions – the same as the global shipping industry. Net Zero: The Race We All Win, which is available to download, highlights pragmatic approaches and proven technologies that can reduce water utility emissions to net zero. The methods used by pace-setting utilities include:

  • Create a smart net zero strategy – realistic, measurable targets towards emissions-reduction goals
  • Optimize energy and resources across a network – cost-neutral strategies to reduce emissions while ensuring process stability
  • Embed net-zero goals in capital planning – net-zero criteria that fold into existing processes and the flow of day-to-day decision-making
  • Move from treatment to resource recovery – from wastewater as a by-product to be managed to a resource

Among the success stories highlighted in the paper is the City of South Bend, Indiana. The city used technology to reduce combined sewer overflow volume by more than 70 percent. This prevented needless construction of new grey infrastructure and eliminated the associated embedded carbon. The city improved system performance and capacity utilization, and delivered environmental gains 10 to 15 years ahead of schedule.

“While the headline figure of our work was that the city has saved approximately $500 million in capital work savings, the impact on our carbon footprint should not be overlooked. By avoiding a large construction project and prolonging the life or our infrastructure through smart technology, we have made a major impact in reducing our carbon footprint,” said Kieran Fahey, Director, Long-Term Control Plan at the Department of Public Works, City of South Bend.

In another example, EWE WASSER GmbH (EWE) in Cuxhaven, one of Germany’s largest wastewater companies, reduced energy use by 30 percent in part of its operations. Its plant has the capacity to treat wastewater for 400,000 people, and the reductions saved 1.1 million kWh annually, enough energy to power 275 homes for one year, while ensuring high water quality.

Xylem executives will be leading decarbonization conversations at WEFTEC 2022 and European Energy Efficiency Day this week, and at the COP27 climate change conference in Egypt next month.

Xylem was named “Net Zero Carbon Champion” at the 2022 Global Water Awards. This award recognized the Company’s work to accelerate the decarbonization of the water sector and its pledge to partner with utilities, businesses, and water managers around the world to help reduce their carbon footprint. It also acknowledged the Company’s commitments in sustainability: in the last two years the Company has already reduced the CO2 footprint of its water customers by over 1 million metric tons.

About Xylem

Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our 17,000 diverse employees delivered revenue of $5.2 billion in 2021. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.

1 https://www.globalwaterintel.com/water-without-carbon


Contacts

Houston Spencer
+1 (914) 240-3046
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The company’s multimodal solutions standout across the industry

GREEN BAY, Wis.--(BUSINESS WIRE)--Schneider (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, has been named a 2022 Top 100 Trucker by Inbound Logistics.


Each year, Inbound Logistics editors select the best transportation providers by carefully evaluating submitted information, conducting personal interviews and online research, and comparing that data to the emerging logistics and trucking challenges their readers face.

Out of over 200 companies considered, Schneider was selected to be a part of the exclusive top 100 ranking due to its diverse operational capabilities and experienced offerings that meet transformational supply chain and logistics needs. The transportation leader is one of the largest carriers in North America, with one of the largest intermodal fleets and growing logistics and dedicated operations.

The Top 100 Trucker list serves as an important tool for the Inbound Logistics audience when conducting market research and identifying sector leaders.

Schneider’s truckload shipping services include dedicated, refrigerated, private fleet conversion, long-haul, short-haul and regional, expedited, cross-border, brokerage and power only. The company also offers less-than-truckload and flatbed services.

To learn more about Schneider’s unique offerings, visit: https://schneider.com/carriers.

About Schneider

Schneider is a premier provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.

With nearly $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

For more information about Schneider, visit Schneider.com or follow the company socially on Facebook, LinkedIn and Twitter: @WeAreSchneider.

Source: Schneider SNDR

About Inbound Logistics

Inbound Logistics is the leading content platform targeted toward business logistics and supply chain managers. Its editorial mission is to help companies of all sizes better manage corporate resources by transforming their companies into demand-driven enterprises. More information is available at www.inboundlogistics.com


Contacts

For additional or story assistance, please contact
Kara Leiterman, Media Relations Manager
M 920-370-7188
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TAIPEI, Taiwan--(BUSINESS WIRE)--#5g--TrendForce details 10 major trends that are expected to take place across various segments in the tech industry, as follows:


Advanced Foundry Processes Reach Transistor Structure Transition Period, Mature Processes Focus on Diversified Specialized Development

Pure foundry processes transitioned from Planar Transistor to the FinFET generation starting from the 16nm node. After the development of the 7nm process and the introduction of EUV lithography technology, FinFET structure encountered physical limits at the 3nm node. Since then, the two leaders in advanced manufacturing processes have diverged. TSMC continues utilizing FinFET structure in mass-produced 3nm products in 2H22, which will be officially released in 1H23, with the scale of mass production increasing quarter by quarter. In 2023, TSMC 3nm products will include PC CPU and smartphone SoC. Samsung began introducing the GAAFET-based MBCFET architecture (Multi-Bridge Channel Field-Effect Transistor) at 3nm and this process will begin mass-production in 2022. Its first-generation product is a cryptocurrency mining chip. In 2023, Samsung will focus on second generation 3nm processes, with a goal of mass-producing smartphone SoCs. Both companies remain focused on high-performance computing and smart phone platforms in the initial stage of 3nm mass production as these products have higher requirements for improving performance, lowering power consumption, and reducing chip area.

For mature processes above 28nm, foundries are focused on diversifying development of special processes and have develop technology platforms including HV (High Voltage), Analog, Mix-signal, eNVM, BCD, and RF from logic processes. These are used to professionally produce peripheral ICs such as power management ICs, driver ICs, microcontrollers (MCU), and RF (Radio Frequency) required in the fields of smart phones, consumer electronics, high-performance computing, automotive, and industrial computing. As 5G communication, high-performance computing, new energy vehicles, and automotive electronics usher in a trend of increased special semiconductor component consumption, it is imperative for these applications to rely on support from diverse specialized processes to achieve the special purposes required in various fields.

Development Trends Focus on Automotive IC Design, Third Generation Semiconductors on the Rise

The global automotive industry is trending towards C-A-S-E, driving strong demand for automotive semiconductors. Automotive semiconductors are essentially divided into two categories: IDM and Fabless. As traditional automotive chip suppliers, IDMs offer a fairly complete selection of various ECUs and have gradually evolved from a traditional distributed architecture to Domain Control Unit (DCU) and Zone Control Unit (ZCU) architectures. Fabless, on the other hand, continue to focus on the field of high-performance computing for vehicles and develop in-vehicle telematics systems and SoCs for self-driving computing. Due to the complexity of automotive functions, the 32-Bit MCU type ECU has become the mainstream specification in the market. In 2023, its penetration rate will exceed 60% with a market value reaching US$7.4 billion and it will develop towards processes below 28nm (inclusive). In addition, self-driving cars require high-performance computing AI SoCs and continue to develop towards advanced processes below 5nm (inclusive) with computing power reaching 1,000 TOPS and, along with MCUs, these products will accelerate the upgrade of the global automotive industry.

With the rapid rise of 800V automotive electric drive systems, high-voltage DC charging piles, and high-efficiency green data centers, SiC and GaN power components have entered a stage of rapid development. TrendForce predicts that from 2022 to 2026, the compound annual growth rate of the SiC and GaN power device market will reach 35% and 61%, respectively. As demand for rapid charging and better dynamic performance in electric vehicles becomes more pressing, additional car companies are expected to introduce SiC technology into main inverters ahead of 2023, among which highly reliable, high performance, and low cost SiC MOSFET is a competitive focal point. GaN has entered a red ocean market for low-power consumer electronics applications and Samsung launched its first 45W GaN fast charger in 2022, again boosting market enthusiasm. As technology and supply chains continue to mature and costs fall, GaN power components are expanding to medium and high-power energy storage, data centers, household micro-inverters, communication base stations, and automobiles. Against the backdrop of the EU’s draconian energy efficiency requirements and China's East-West data center plan, data center power supply and server manufacturers have clearly grasped the importance of GaN technology. GaN power components are expected to be released on a large scale in 2023.

New DRAM Generation Takes Shape, Development of 200+ Layer NAND Flash Accelerates

In terms of DRAM, accompanying the pandemic-accelerated digital transformation of corporations, not only did server shipments focus more on data centers, but also allowed new types of memory modules to coalesce, especially CXL specification based modules. As the number of RDIMM slots in a server system is limited, the use of CXL enables the entire device to avoid this limitation when performing high-speed computing while increasing the amount of DRAM that can be used by the system. In 2023, not only will server CPUs such as Intel Sapphire Rapids and AMD Genoa support CXL 1.0, but DRAM modules will also employ DDR5. Furthermore, in order to run AI and ML (Machine Learning) operations effectively, certain server GPUs will introduce a new generation of HBM3 specifications. Therefore, amid planning by memory manufacturers and numerous xPU providers, a new generation of memory has gradually organized and is expected to gain market share in 2023.

In terms of NAND Flash, the number of stacked layers will accelerate in 2023 and four suppliers are expected to move towards 200+ layer technology. Some manufacturers will even mass-produce PLC (Penta Level Cell), hoping for an opportunity to replace HDD applications on servers in the future as unit growth is further optimized. In terms of SSD transfer interfaces, with the mass production of Intel Sapphire Rapids and AMD Genoa in 2023, enterprise SSDs will be further upgraded to support PCIe 5.0 transfer, increasing transfer rate manifold to 32GT/s to be utilized for high-speed computing needs such as AI/ML and also contributing to the rapid increase in the average capacity of enterprise SSDs.

Automotive MLCC Development Accelerating Due to Rising Assisted Driving Penetration Rate

At present, advanced driver assistance systems (ADAS) are gradually becoming a standard feature on new cars. L1/L2 is the primary configuration level in the market at this stage, utilizing approximately 1,800~2,200 automotive MLCCs. As semiconductor IDM developed ADAS-specific MCUs, Sensor ICs, etc. become increasingly mature, L3-level ADAS systems will become a central upgrade sought by many luxury-manufacturers for their high-end car models starting from 2023, leading MLCC consumption to jump to 3000~3500 units. Among MLCCs, the 0402 size just meets the limited space of a vehicle side monitoring module and has become the main application size specification.

The electric vehicle power core has become one of the main research and development priorities of various car manufacturers in response to consumers' demand for improved battery life, as well as to optimize charging and discharging efficiency and power recovery systems. The inverter, battery management system, and DC power converter are three sub-system making up the soul of the vehicle, utilizing approximately 2,000~2,500 high-capacity (above 10u) and high-temperature (X7S/R) automotive MLCCs. Japanese manufacturer Murata officially mass-produced new high capacitance and high voltage 1206 size automotive products that can reach 22u 16V in early 2022. Companies including TDK, Taiyo Yuden, Samsung, and Yageo are also actively rushing to market.

Carbon Neutrality Accelerates EV Transition, Battery Battle Rages as Reduced Subsidies Resurface Cost Issues

The cost of a variety of raw materials required for automotive manufacturing have risen after the start of the Russian-Ukrainian war. In particular, battery-related material costs have increased dramatically and were quickly passed through to automobile list prices. Coupled with the two-year long shortage of automotive semiconductors, strengthening the toughness, elasticity, and stability of the supply chain has become a top priority for car manufacturers. Automakers hope to shorten the battery supply chain to avoid supply chain dissociations. Countries are actively promoting the localization of battery supply chains due to political considerations. On the one hand, they propose preferential investment conditions and, at the same time, they also require localization of a proportion of vehicle components, as a form of carrot and stick in attracting battery plants to invest worldwide. As a number of countries begin to reduce or cancel car purchase subsidies for electric vehicles, the cost issue has resurfaced. As it is necessary to produce cost-competitive models while taking into account safety and performance, battery development is inevitable and is expected to develop towards unity, diversification, and integration. Unification of battery assembly strengthens battery production management and improves commonality. Using different types of batteries according to vehicle grades diversifies supply risk and reduces cost. Integrating designs through cell-to-pack (CTP), cell-to-chassis (CTC) and other highly consolidated methods improve the modularity of battery and chassis.

On the other hand, driven by the global goal of net zero carbon emissions, demand for power batteries as the heart of electric vehicles has grown rapidly, inciting relevant companies to accelerate capacity expansion. In 2023, global power battery production capacity will exceed the TWh (Terawatt-hour, one million megawatt-hours) threshold and output value will be close to US$120 billion. At present, the rapid expansion of the power battery industry chain is constrained by the expansion cycle of vanguard mineral resources such as lithium, cobalt, and nickel, resulting in the rising cost of power battery manufacturing in recent years. With its cost-effective advantage, the global market share held by lithium iron phosphate batteries is expected to exceed that of ternary batteries in 2023.

Production Capacity and Technology Secured, Chinese Panel Makers Expand Influence in Small-size AMOLED Market

With the gradual expansion of China's flexible AMOLED production capacity, the development of the small-size mobile phone market has gradually increased in influence. Korean panel manufacturers and brands were previously major leading companies in the flagship-oriented folding mobile phone market. However, as domestic Chinese mobile phone brands began to successively launch folding mobile phones, opportunities have appeared for folding AMOLED panels produced by Chinese panel manufacturers. Adopting a strategy of supply chain localization, local Chinese mobile phone brands are expected to gradually expand the use of foldable AMOLED panels sourced from Chinese panel factories. In order to reduce massive flexible AMOLED production capacity, panel makers are aggressively optimizing costs. AMOLED driver IC are expected to be converted to a RAM-less architecture to reduce costs. As flexible AMOLED panel structure is adjusted, the cost and quotations of some flexible AMOLED panel products can be reduced to that of standard Rigid AMOLED panels, with an aim towards mid-range models which account for a greater proportion of the market.

Another mid-size market is notebooks. AMOLED notebooks are expected to account for approximately 1.2% of the overall notebook market in 2022 and approximately 1.7% in 2023. The decisive key to accelerated mid-size market development in terms of AMOLED panels revolves around Apple's future plans for iPad and Macbook series products, as Apple has begun to consider the use of AMOLED panels. Prevailing AMOLED panels remain limited by the size of production lines, currently still in the sixth-generation, which are not very economical in terms of cutting efficiency. In addition, the service life of notebook computers is longer than that of standard mobile phones. Doubts regarding the lifespan of current AMOLED panel structure led to the development of Tandem (two-stack light emitting layer) architecture. Panel makers are expected to continue focusing on the development of mid-size notebook products with their existing production capacity and technology in the next 1-2 years, which will serve as a basis for future larger generational capacity development. At the same time, discussions and planning will be conducted related to 8.5-generation RGB vapor deposition AMOLED production capacity and technology.

Micro LED Diversifies into More Applications, TV and Automotive Displays Drive Mini LED Backlight Penetration

In 2022, total shipments of Mini LED backlight displays will come in at approximately 16.8 million units, an increase of 74% YoY, of which TV applications will account for the greatest investment by brands. There are three main reason. First of all, Mini LED technology is the best solution for improving LCD contrast. Secondly, due to limited OLED production capacity, more than 95% of flat-screen TVs are expected to retain the use of LCD technology in 2023. Mini LED provides the best path for LCD TVs to improve specifications and rejuvenate products. Finally, Chinese manufacturers are actively investing in the upstream, midstream, and downstream of Mini LED products. Through a strategy of pricing by quantity, manufacturers can use a higher cost-efficacy to accelerate Mini LED backlighting penetration in the TV market. Mini LED TV shipments are estimated to reach 4.4 million units in 2023, an annual increase of approximately 13%.

Vehicle displays are another incubation hotbed for Mini LED backlight applications. Compared with consumer displays, automotive displays have higher requirements for brightness, contrast, and reliability. Mini LED backlights’ relevant characteristics help improve driving safety. Stimulated by a dynamic pursuit of more powerful display effects in new energy vehicles (NEV) and a trend towards digital instrumentation, Mini LED backlights will also be prioritized for expanded use in NEVs. In 2023, approximately 300,000 Mini LED automotive displays are estimated to be shipped, an annual increase of approximately 50%.

Smart watch wearables will be the next mass-produced application of Micro LED post-large displays in 2023 with high-priced fitness trackers as a starting point. In the future, design will be centered on Micro LEDs combined with flexible backplanes. In terms of applying microdisplays to transparent AR smart glasses, although very small sized (below 5um) Micro LEDs must first overcome difficult challenges such as full-color solutions and external quantum efficiency of red light chips, there is an opportunity to accelerate the development of Micro LED microdisplays through the solid technical foundation laid out by the LED industry as a whole.

In terms of automotive displays, in order to allow drivers to immerse themselves in a highly intelligent cabin built for interaction with a man-machine interface, the development of in-vehicle displays covers large-scale, curved, and transparent displays, high dynamic contrast, or even a combination of more sensing components to achieve intelligent functions. Micro LED is very suitable for application in a high-end automotive environment. In terms of heads-up display (HUD) applications, a HUD integrates and projects dashboard and navigation system information onto the front windshield, reducing the chances of drivers looking down, for the purpose of driving safety. Micro LEDs with active driving solutions can also be directly displayed on the transparent glass backplane to achieve a HUD function. 2023 is a key period for relevant manufacturers to begin product design and verification, establishing a long-term development foundation for Micro LED automotive smart cockpits and transparent displays.

Looking Forward to 2023, Proportion of 5G Smartphones Expected to Increase to 60%

From the perspective of smartphone evolution, prior focus has been on improving hardware specifications. However, as innovation fell in recent years, smartphone brands are more committed to software algorithms and the promotion of peripheral services such as partnerships with optical giants Zeiss and Leica in the field of video algorithms and providing payment and video streaming services. In addition to highlighting differences between brands, this strategy also represents a win-win in terms of revenue by increasing peripheral services. Looking forward to 2023, the proportion of 5G smartphones is expected to officially top 50%. As display technology advances, the penetration rate of OLED folding mobile phones is estimated to reach 1.1% in 2022. With smartphone brands successively launching new flagship folding devices and driven by improved specifications and more competitive pricing, penetration rate is expected to reach 1.8% in 2023. There is an opportunity to inject a breath of fresh air into a market where inflation has led to sluggish consumer sentiment and drive folding mobile phones into the mainstream.

AR/VR Products Become Cornerstone of Green Production, Accelerate Metaverse Popularization

The Metaverse will prompt branded manufacturers to accelerate investments in AR/VR product development and bring more products to marker in 2023. At the same time, manufacturers will also actively promote various Metaverse application services to drive demand in the AR/VR hardware market through platform services and then use the virtual interactive experience provided by hardware devices to enhance the benefits of Metaverse applications. In the consumer market, manufacturers will focus on application such as virtual communities, games, and live streaming of virtual characters (VTubers) while commercial distance conferencing and distance education can provide more diverse communication and interaction functionality through the Metaverse platform than 2D video. The demand for visual and man-machine interaction will gradually increase after users try these interactive and entertainment applications.

Therefore, the Metaverse will also drive the adoption of new displays and optical components such as Micro OLED, MiniLED, and Pancake lenses. Operation will also develop from the original controller configurations towards image recognition or wearable device applications, leading to the installation of more image sensing and MEMS components to achieve a natural man-machine interface through the analysis of human body data. This effect has prompted many manufacturers to invest in the development of technology and patents related to operational design and analysis algorithms. In addition, AR/VR applications will also play an important role in smart manufacturing, smart transportation, and smart cities, especially considering green industry trends such as energy conservation and carbon reduction. The Metaverse platform’s virtual simulation functionality can reduce waste generated in real-world testing and usage including in product design and inspection, production line management and trial operation, traffic simulation and planning, and virtual tour of urban facilities. Assisted by AI applications and computing performance, virtual simulations will reduce the costs of running corporations and governments, and will also increase the willingness to adopt and accelerate the popularity of the Metaverse.

Large-scale Commercial Use of 5G FWA Adopted Globally in 2023, Accelerates Popularization of Home Broadband

Since 5G FWA can support home and business applications and provides larger bandwidth and lower latency connections, it has become an alternative to fixed broadband connections. At present, 83 operators in more than 45 countries and regions worldwide have launched 3GPP-compliant 5G FWA services. FWA operators need to provide data at the lowest possible total cost of ownership (TCO), while ensuring network connectivity and the future development of the entire broad ecosystem. In 2023, operators around the world have invested in the development of broadband construction. In addition, regulators see wireless as an alternative to wired connections. Operators are also considering expanding the deployment of FWA services, accelerating the provision of broadband Internet services, and improving transmission rates through wireless communication technology. Deploying 5G FWA services involves shorter time-to-market and lower cost. Therefore, service providers can furnish high-speed, low-latency broadband services in a shorter timeframe through integrating 5G technology. In addition, the provision of new spectrum in multiple frequency bands and services that are becoming gradually more affordable to families will become a driving factor for the development of 5G FWA in 2023.

For further details of this press release, please visit:

https://www.trendforce.com/presscenter/news/20221011-11416.html

For additional insights from TrendForce analysts on the latest tech industry news, trends, and forecasts, please visit our blog at https://insider.trendforce.com/

About TrendForce (www.trendforce.com)

TrendForce is a global provider of the latest development, insight, and analysis of the technology industry. Having served businesses for over a decade, the company has built up a strong membership base of 500,000 subscribers. TrendForce has established a reputation as an organization that offers insightful and accurate analysis of the technology industry through five major research departments: Semiconductor Research, Display Research, Optoelectronics Research, Green Energy Research, and ICT Applications Research. Founded in Taipei, Taiwan in 2000, TrendForce has extended its presence in China since 2004 with offices in Shenzhen and Beijing.


Contacts

Ms. Esther Feng
Tel: +886-2-8978-6488 ext. 667
This email address is being protected from spambots. You need JavaScript enabled to view it.

Ms. Pinchun Chou
Tel: +886-2-8978-6488 ext.669
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LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services Inc., one of the largest supply chain solutions providers in North America, today announced it has awarded a total of $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program, the J.B. Hunt Scholarship Program for Families.


Leading this program is one of the many ways J.B. Hunt is working to give back to our communities,” said Brad Hicks, president of highway services and executive vice president of people at J.B. Hunt. “The innovative ideas that will transform the world are with the students of today and we want to ensure they have the opportunity to learn, grow and reach their full potential.”

The application-based scholarship program is available to dependent children or grandchildren of J.B. Hunt employees who currently attend or plan to attend an accredited two or four-year college, trade school or vocational school. Awards are renewable each year for up to four years as long as the recipient maintains a 2.5 GPA and full-time enrollment. The J.B. Hunt Scholarship Program for Families inaugural class represents more than 60 locations throughout the country.

For recipient and Chicago native Alyssa Louise Geonanga, the scholarship will help her pursue a career as a supply chain analyst.

"J.B. Hunt truly values its people and provides them and their families with the necessary resources to succeed,” said Geonanga. “I am deeply honored to have been a recipient of the J.B. Hunt Scholarships for Families. It has allowed me to continue my education, make an impact in my community and has given me the motivation to persevere and the confidence to succeed.”

Northwest Arkansas recipient Sam Lonneman said the scholarship program really speaks to the integrity of the company.

People love to say J.B. Hunt is a people-first company focused on being more than just an employer, but also a foundation and a resource for its employees and their families,” said Lonneman. “Receiving this scholarship is proof that these words aren’t just fluff; this company really is true to their message about doing right by their people.”

The J.B. Hunt Scholarship Program for Families is supported by Scholarship America®, an organization that works to enrich education by assisting individuals, corporations and communities with fundraising and awarding scholarships to students. J.B. Hunt has plans to continue the program in 2023, which is news that employees like Chris Ferguson and his family will eagerly anticipate the assistance.

The gift from J.B. Hunt will allow my son, Hugh, to complete his education and become a pediatric cardiologist, a profession near and dear to his heart, quite literally,” said Ferguson, an analyst for J.B. Hunt. “In the seventh grade, after playing tennis one hot afternoon, Hugh was diagnosed with supraventricular tachycardia, which causes his heart to beat quickly. The funds provided in this scholarship may someday help find a cure for this condition. The Ferguson family wants J.B. Hunt to know that we, as an organization, are not only providing an outstanding delivery and logistics experience but are also changing the lives of employees.”

Through its company giving efforts, J.B. Hunt strives to advance educational opportunities for its employees and communities by supporting initiatives that provide an inclusive educational experience. In addition to the J.B. Hunt Scholarship Program for Families, the company enriches education through its annual Adopt-A-Class program to provide classroom support for schools throughout the country. Through this program, J.B. Hunt drivers nominate their child or grandchild’s classroom, kindergarten through fifth grade, for a chance to receive a gift card donation to assist teachers with purchasing school supplies for their classroom.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 and Fortune 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, last mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.


Contacts

Brittnee Davie
Vice President - Marketing
This email address is being protected from spambots. You need JavaScript enabled to view it.
479.419.3178

Update Provides a Migration Path for Existing FGS 1400 Installations

GREENVILLE, S.C.--(BUSINESS WIRE)--#ICS--aeSolutions, a consulting, engineering, and systems integration company that provides industrial process safety and automation products and services, today announced the release of an update to its FGS 1400 MK II Safety Instrumented Fire & Gas System (FGS) solution. Scalable for large industrial installations, the solution is designed to provide fire and gas protection based on a safety-rated control system. Available as a turnkey solution, the FGS 1400 MK II is pre-engineered, pre-configured, and pre-packaged, and is suitable for a wide variety of applications. The system has been updated to utilize Siemens process automation Simatic ET 200SP HA input/output (I/O) cards in place of existing I/O cards that are on Siemens’ mature product list and are being phased out.



To ensure continuity of operations, the update will provide existing aeSolutions clients with an upgrade path to maintain their existing FGS 1400 MK II products. As the update is rolled out, aeSolutions can supply migration fabrication kits that will enable end users to easily migrate to the ET 200SP HA I/O cards. Moving forward, aeSolutions’ product lines will only offer the new ET 200SP HA I/O cards in the FGS 1400 products.

“When spare parts are no longer available, this important update to the FGS 1400 MK II provides a migration path to future aeSolutions’ product lines that will only offer the new ET 200SP HA I/O cards,” said Warren Johnson, senior project manager at aeSolutions. “Our customers come from a range of sectors and include companies in the oil and gas, chemical, pharmaceutical, agricultural chemical, and hydrogen production industries. Businesses with a need for industrial-grade fire and gas systems look to aeSolutions to offer products that meet and exceed industry standards and expectations. While not all fire and gas systems are required to conform to ISA and IEC safety standards, our customers recognize the benefits of such a high-reliability system even for lower-risk applications. aeSolutions is proud to continue to set the standard by providing our customers with superior, up-to-date products.”

As the premier solution for fire and gas alarm and control, the FGS 1400 MK II can be built on demand and combines required functionality into the latest generation of TÜV-certified safety programmable logic controller (PLC). The FGS 1400 MK II was designed to the same levels of safety availability and reliability as the systems that aeSolutions designs for Safety Instrumented Systems (SIS). By using the latest generation of a safety integration level (SIL) 3 safety-certified PLC as the logic solver, the FGS 1400 MK II provides the same demanding levels of performance required by the International Society of Automation (ISA) and International Electrotechnical Commission (IEC) safety standards for safety-critical applications.

Additionally, the FSG 1400 MK II meets Occupational Safety and Health Administration (OSHA) requirements for fire protection, has Nationally Recognized Testing Laboratory (NRTL) certification for fire and gas, and is Factory Mutual (FM)-approved to be in conformance with the requirements of the National Fire Protection Association (NFPA) 72 and FM 3010 standards for fire alarming and mitigation control. The FGS 1400 MK II has also been FM-approved to be in conformance with FM Approvals’ Combustible Gas Standard 6320, Toxic Gas Detection Standard 6340, and American National Standards Institute (ANSI)/ISA 12.13.01 Performance Requirements for Combustible Gas Detectors standard.

The FGS 1400 MK II has approval for either simplex or redundant processors, a variety of I/O configurations, including remote I/O, and a battery back-up/ charger subsystem. A critical component of the system is an FM-approved secondary power supply system consisting of a charger panel and an associated self-contained battery system. To support system design, aeSolutions has developed an FM-approved battery sizing tool that confirms the battery system design based on the specific requirements of each application.

By using the same hardware/software platform as the Siemens Simatic PCS7 series, the FGS 1400 MK II can be integrated into the entire plant system solution. It offers the advantages of common Human Machine Interfaces (HMIs), spare parts, training, engineering/configuration tools, maintenance, and procedures to produce a dramatic saving in both installed costs as well as lifecycle costs.

For more information about aeSolutions’ FGS products, visit https://www.aesolutions.com/fire-gas-products.

About aeSolutions
In business since 1998, aeSolutions is a consulting, engineering, and systems integration company that provides industrial process safety and automation products and services. They specialize in helping industrial clients achieve their risk management and operational excellence goals through expertise in process safety, combustion control and safeguarding, safety instrumented systems, control system design and integration, alarm management, and related operations and integrity management systems. For more information, visit www.aesolutions.com.


Contacts

Media
Kari Walker for aeSolutions
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BOWLING GREEN, Ohio--(BUSINESS WIRE)--#refrigerantmanagement--A-Gas, a world leader in environmentally responsible refrigerant management announced an expansion of service offerings in Southern California, providing the Riverside and Los Angeles HVACR communities with quick and easy cylinder swaps.

“Southern Californian HVACR contractors already know A-Gas through our Rapid Recovery® service. We’re thrilled to now offer our Rapid Exchange® program in Riverside and Los Angeles, making it easy for HVACR contractors to access clean, vacuumed, in-date cylinders for their businesses,” said Ben Stapleton, Director, Network Operations.

“Californians have always been ahead in adjusting business practices to minimize negative impacts on the environment. Now, with Rapid Exchange, it will be easier for HVACR contractors to recover refrigerant gases, which prevents any harmful venting to the atmosphere,” noted Michael Borchard, Business Development Sales. “This also promotes the circular economy, enabling A-Gas to reclaim and recertify refrigerant gases, and then bring those products back into the market.”

With California’s recently passed SB 1206, the state’s focus on reducing the Global Warming Potential of HFCs in use has made gas recovery and reclamation even more important.

As a modern refrigerant reclaimer, A-Gas is focused on environmental stewardship through the lifecycle management of refrigerant gases and contributing to the circular economy. A-Gas manages the full life cycle of refrigerants for its partners around the world and safely reclaims millions of pounds of material each year.

About A-Gas

A-Gas (U.S.), headquartered in Bowling Green, Ohio, is a trading subsidiary of A-Gas International (headquartered in Bristol, UK) and is the World’s largest refrigerant recovery and reclamation company. The company’s core business offers environmental solutions and lifecycle management services for ozone depleting substances and global warming agents including CFCs, HCFCs, HFCs, and Halons in the HVAC/Refrigeration and Fire Suppression Industries. For more information about A-Gas, please visit www.agas.com/us


Contacts

Jaclyn Schilkey
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419-704-4737

TORONTO--(BUSINESS WIRE)--Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, has been selected by a Cannabis Company to provide an energy efficiency building upgrade with corresponding emission reductions and real-time monitoring. The Cannabis Company operates in Ontario and British Columbia, Canada.


New Customer in the Cannabis Industry

“Across the industrial and commercial building markets there is an urgent need for energy savings and greater energy efficiency both in terms of immediate cost control and also mitigating the rising cost of energy,” says Paul Ghezzi, CEO of Kontrol Technologies. “This is a new customer in the Cannabis sector, and we are pleased to have been selected to deliver an energy savings and operational improvement solution.”

The project will involve an upgrade to the Customers current HVAC (Heating, Ventilation and Cooling) system designed to deliver energy savings, lower energy consumption and real-time monitoring for ongoing optimization. For industry competitive purposes the Customer will not be named.

Energy Efficiency as the First Fuel

“With the increase in electricity and natural gas rates, our customers require energy efficiency solutions which produce cost savings, lower energy bills and optimize building performance,” continues Ghezzi.

According to the IEA (International Energy Agency), energy efficiency is called the “first fuel” in clean energy transitions, as it provides some of the quickest and most cost-effective CO2 mitigation options while lowering energy bills and strengthening energy security. www.iea.org.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

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Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: future retrofit solutions to be offered by Kontrol for its potential customers; the anticipated timing of the initial design, feasibility, implementation, and potential energy savings; installation of and energy savings that the Company’s technology will provide for the Customer; the future success of any of Kontrol’s products; and customer demand relating to energy management.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company; that future Carbon solutions can be conducted as planned; that technology will be as effective as anticipated; that existing relationships and contracts entered into by the Company will continue on the same or similar terms, or at all; that the anticipated timing of implementing the energy saving design for the Customer will go as planned; and that demand will continue for energy management products and for the Company’s products in particular.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.


Contacts

Kontrol Technologies Corp.
Paul Ghezzi
CEO
This email address is being protected from spambots. You need JavaScript enabled to view it.
601 Rowntree Dairy Road, Unit B
Vaughan, ON L4L 5T8
Tel: (905) 766.0400

WICKLIFFE, Ohio--(BUSINESS WIRE)--Eaton Corporation® and The Lubrizol Corporation® have announced a collaboration designed to accelerate development of reliable and sustainable turnkey immersion cooling solutions for data centers, AI, edge and far edge computing applications, today and in the future.


“This partnership will leverage Lubrizol’s market-leading CompuZol™ family of patented thermal management immersion fluids, designed and formulated specifically for data centers and related applications, and Eaton’s leadership in the data center market and comprehensive range of products, services, engineering, and manufacturing solutions,” said Matt Joyce, Vice President, Corporate New Business Development for Lubrizol. “Both of our companies are committed to increasing energy efficiencies and offering sustainable solutions for data centers and digital infrastructure.”

“Eaton is committed to support state-of-the-art physical infrastructure solutions which require the next level of cooling, be it high-performance computing in a data center or remote edge computing sites dealing with a harsh environment. Lubrizol’s thermal management fluids are the perfect solution to address these new challenges and facilitate the deployment of modern IT workloads,” said Hervé Tardy, Vice President, Strategy & Marketing for Eaton CPDI.

Globally, traditional, cloud and hyperscale data centers consume an estimated 150 to 200 terawatt hours of electricity annually, with as much as one-third to one-half going to conventional air-cooling and HVAC systems. With most of the world’s electricity still coming from fossil fuel-based generation sources, the need to reduce energy consumption in data centers is compelling.

Cooling servers by immersing them in specially formulated thermal management fluids in advanced server tanks offers a more sustainable approach and superior cooling, along with greater computing density, energy efficiency, longer server life and deployment flexibility. Immersion cooling also makes greater computing power more accessible in regions of the world where standard air-cooled data centers are challenged due to high ambient temperatures or poor air quality.

Both Lubrizol and Eaton will be exhibitors at the upcoming Open Compute Project Global Summit, October 18-20, 2022, in San Jose, CA.

About The Lubrizol Corporation

The Lubrizol Corporation, a Berkshire Hathaway company, leverages its unmatched science and innovation to solve complex challenges for customers, drive sustainable and measurable results and help millions of people, communities and businesses around the world move cleaner, create smarter and live better every day. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales and technical offices around the world and has approximately 8,600 employees. For more information, visit www.Lubrizol.com.

About Eaton Corporation

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. For more information, visit www.eaton.com.


Contacts

Jen Brawner - This email address is being protected from spambots. You need JavaScript enabled to view it.

~Shawn Berg and Kyle Langbehn~

CLEARWATER, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the appointment of two key leaders as executive officers of MarineMax. The Company’s Board of Directors appointed Shawn Berg and Kyle Langbehn as executive officers, effective October 1, 2022, as the Company continues to execute its strategic growth plan.



Mr. Berg has served as Chief Digital Officer of MarineMax since April 2019, responsible for the Company’s technology, marketing, and digital business operations. Previously, he served as Vice President of Technology after joining MarineMax in 2017. Mr. Berg has over 30 years of experience, including multiple officer-level positions, delivering strategic business growth to companies across the marine, auto, and retail industries. In addition, Mr. Berg has extensive experience in finance, insurance, distribution, servicing, and supply chain operations. He obtained his Bachelor of Business from Polk State and has been a Board Member of the Center for Leadership at Florida International University (FIU) since 2015.

Mr. Langbehn has served as President of Retail Operations of MarineMax since July 2020, responsible for MarineMax’s retail operations. Previously he served as Vice President of Operations beginning in October of 2018. Since joining MarineMax in 2002, Mr. Langbehn has excelled in numerous positions of increasing responsibility, including Sales Consultant, Sales Manager, General Sales Manager, General Manager, and Regional President. He is a graduate of the United States Naval Academy and holds an MBA from George Washington University.

W. Brett McGill, Chief Executive Officer and President of MarineMax stated, “With today’s announcement, we recognize Shawn and Kyle for their contributions to the ongoing strategic growth of our Company, development of their respective teams, and elevating the customer experience through innovative products and services. On behalf of MarineMax, I am confident these accomplished leaders, with a demonstrated passion for our Company and industry, will continue to drive results for our customers, team members, and shareholders. We are excited for MarineMax to continue on our path of global growth—Shawn and Kyle will be instrumental in executing against our strategic long-term objectives.”

About MarineMax
MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts, and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 78 retail dealership locations, some of which include marinas. Collectively, with the IGY acquisition, MarineMax owns or operates 57 marinas worldwide. Through Fraser Yachts and Northrop & Johnson, the Company also is the largest superyacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. Intrepid Powerboats, a MarineMax company, manufactures powerboats and sells through a direct-to-consumer model. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also owns Boatyard, an industry-leading customer experience digital product company. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.

Forward-Looking Statement

Certain statements in this press release may be forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include that Mr. Berg and Mr. Langbehn will continue to drive results for the Company's customers, team members, and shareholders and that Mr. Berg and Mr. Langbehn will be instrumental in executing against the Company's strategic long-term objectives. These statements are based on current expectations, forecasts, risks, uncertainties, and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions, and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, general economic conditions, as well as those within our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for the fiscal year ended September 30, 2021 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.


Contacts

Michael H. McLamb
Chief Financial Officer
727-531-1700
Media:
Katherine Cooper
MarineMax, Inc.

Investors:
Brad Cohen or Dawn Francfort
ICR, LLC
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DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Charging Station Market, By Vehicle Type, By Charger Type, By Application & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.


The Global Electric Vehicle Charging Station Market size was valued at USD 18.1 Billion in 2021, and it is expected to reach a value of USD 120.6 Billion by 2028, at a CAGR of 31.12% over the forecast period (2022 - 2028).

Companies Mentioned

  • ABB
  • BP Chargemaster
  • BYD
  • ChargePoint Inc.
  • Eaton
  • EVBox
  • Schneider Electric.
  • Seimens AG.
  • Shell International BV
  • Tesla Inc.
  • Webasto Group
  • Tata Power
  • Delta Electronics
  • Amara Raja
  • Magenta Group

Electric car charging systems connect the plug-in electric vehicle and electric vehicle to an electrical outlet to charge the vehicle's battery. Furthermore, numerous automakers and electric component manufacturers are collaborating on the development of improved electric car charging systems in order to meet the growing demand for electric vehicles.

Some charging stations have complex capabilities such as smart metering, cellular connectivity, network connectivity, and so on, while others are more basic. The global EV sector is expanding quickly, particularly in the United States and China. Zero-emission transportation is the driving force behind increased EV sales throughout the world. It will increase demand for electric car charging stations. Technological advancements in portable charging stations, smart charging with load management, and automated payment with rapid charging technology will open up new markets for the Electric Vehicle Charging Station Market.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Electric Vehicle Charging Station Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research.

This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The Global Electric Vehicle Charging Station Market is segmented on the basis of Application Type, Vehicle Type, Charger Type, and Region. Based on Application, the market is segmented into Public and Private. Based on the Vehicle, the market is segmented into Passenger and Commercial vehicles. Based on the Charger, the market is segmented into AC Charging and DC Charging. Based on the Region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Drivers

The increased popularity and use of electric vehicles has necessitated the creation of charging infrastructure. Leading EV markets such as China, the United States, and Germany are investing heavily in EV charging infrastructure as well as research and development for faster and more efficient charging techniques.

Significant enterprise expenditures are expected to respond to the growing demand for EVs and have a significant impact on market growth. Tesla, Volkswagen, Ford, Nissan, BMW, and General Motors all have significant R&D resources dedicated to EV research.

Restraints

The EV industry's growth, as well as variations in charger types, has necessitated the standardization of EV charging stations. Some EV charging stations may only work with a certain voltage. Level 1 charging stations, for example, provide a voltage of 120V AC, while level 2 charging stations provide a voltage of 208/240V AC.

DC chargers, on the other hand, enable rapid charging with 480V AC. Many governments must standardize charging infrastructure to create a favourable environment and encourage EV sales.

Market Trends

Governments around the world have implemented a variety of programs and initiatives to encourage buyers to choose EVs over conventional vehicles. APAC, Europe, and the United Kingdom are some of the countries offering various incentives to people looking to purchase an EV, which will increase demand for the Electric Vehicle Charging Station Market in the coming years.

For more information about this report visit https://www.researchandmarkets.com/r/gekza3


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Estimated 3.2 MWs and $3.0 million contract award in Maryland

WILLISTON, Vt.--(BUSINESS WIRE)--iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, announces execution of a contract totaling 3.2 MW and $3.0 million in Maryland establishing a presence in the PJM market.


HIGHLIGHTS:

  • 3.2 MW award establishes iSun’s presence in the PJM market.
  • $3.0 million in new contract highlights iSun’s continued geographic expansion along the East Coast.
  • Advances iSun’s 50-year mission to combat climate change and accelerate the transition to clean energy.

“The PJM market is one of the largest energy markets in the Country,” said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. “We are proud to expand our installation footprint and bring our world class craftsmanship to this critical market. We are also proud to support one of our existing customers as they expand their manufacturer capabilities. We appreciate the trust that our customers place in our ability to design and develop a solution that meets their energy needs now and in the future. For our investors, we continue to execute on our strategic plan to create long-term valuation. As we previously stated, the transition to clean energy is the most important initiative of our generation. We are excited to contribute to the renewable goals of the PJM market.”

About iSun Inc.

Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted service provider to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 600 megawatts of solar systems. The Company currently provides a comprehensive suite of solar services across residential, commercial, industrial & municipal, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.


Contacts

IR Contact:
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Today Emera (TSX: EMA) announced that it will release its Q3 2022 results on Friday, November 11, 2022, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.

Analysts and other interested parties in North America are invited to participate by dialing 1-888-886-7786. International parties are invited to participate by dialing 1-416-764-8658. Participants should dial in at least 10 minutes prior to the start of the call. No pass code is required.


A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com. A replay of the teleconference will be available on the Company’s website two hours after the conclusion of the call.

About Emera Inc.

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $36 billion in assets and 2021 revenues of more than $5.7 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.


Contacts

Emera Inc.

Investor Relations
Dave Bezanson VP, Investor Relations & Pensions
902-474-2126
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Arianne Amirkhalkhali, Manager, Investor Relations
902-425-8130
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Media
902-222-2683
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--On October 11, 2022, the Board of Directors of Emera Inc. (TSX: EMA) declared quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after November 15, 2022 to the applicable shareholders of record at the close of business on November 1, 2022, as follows:


  1. $0.69 per common share;
  2. $0.1364 per Series A First Preferred Share;
  3. $0.2543 per Series B First Preferred Share;
  4. $0.29506 per Series C First Preferred Share;
  5. $0.28125 per Series E First Preferred Share;
  6. $0.26263 per Series F First Preferred Share;
  7. $0.30625 per Series H First Preferred Share;
  8. $0.265625 per Series J First Preferred Share; and
  9. $0.2875 per Series L First Preferred Share.

Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

About Emera

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $36 billion in assets and 2021 revenues of more than $5.7 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedar.com.


Contacts

Emera Inc.
Investor Relations:
Dave Bezanson – Vice President, Investor Relations & Pensions
902-474-2126
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Media:
902-222-2683
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HOUSTON--(BUSINESS WIRE)--MFE Inspection Solutions announces the release of the new MFE Handheld Optical Gas Imaging Camera today that will allow operators to visualize harmful gas leaks in real-time and take immediate action.



The handheld device features a 640 x 512 HOT mid-wave infrared camera core and sources its power from its 70wh rechargeable battery handle. The camera’s handheld functionality allows operators to hone in on targeted areas while also taking advantage of the 640 sensor to survey the whole scene and capture a defined plume from their vantage point at a distance. The camera targets infrared wavelengths absorbed by gasses including methane, propane, and butane, and produces real-time visuals that would otherwise be invisible. By identifying the size, movement, and direction of a gas leak, operators can assess the danger quickly, get facility operators and maintenance staff out of harm’s way, and repair the leak fast.

“We wanted to create a versatile, lightweight, easy to use OGI camera that was capable of identifying plumes at much higher definition and can be easily shared through our Android-based app. The 640 sensor and streamlined user interface allows inspectors to assess a leak in real time, share data with stakeholders and make immediate decisions, limiting product loss, reducing harm to the environment, and protecting lives,” says MFE Inspection Solutions Chief Technology Officer Jason Acerbi.

The MFE Handheld OGI camera is OOOOa (Quad OA) compliant and will ensure air quality and minimize emissions. Its ability to assess and uncover leaks whether small or large improves process safety, increases productivity, reduces product loss, and improves planning for planned or scheduled maintenance repairs.

The MFE OGI camera is crucial for monitoring oil and gas infrastructure such as surveying and drilling production wells, fuel gas lines, LNG terminals, above- and below-ground pipelines, and flare stack monitoring. The camera also provides valuable thermal imagery of equipment and infrastructure such as vent stacks, compressors, generators, engines, valves, flanges, connections, seals, and terminals.

For more information about MFE Inspection Solutions and its product offerings, please visit www.mfe-is.com.

MFE Inspection Solutions is a leading NDT, RVI, Environmental, and UAV solutions provider. MFE Specialists partner with their customers to provide comprehensive support from making the initial appropriate equipment choices to implementation and assessment. MFE offers a large inventory of equipment from top manufacturers including Skydio, Flyability, and Boston Dynamics ensuring their customers have access to the most advanced, innovative technology available. MFE’s offerings expand beyond sales and rentals to include equipment calibrations, repairs, and training. MFE offers Advanced UAV Piloting courses, Infrared Thermography Courses, MFL Inspection, and specialized advanced Elios indoor drone inspection training.

Since its foundation in 2009 in Houston, MFE Inspection Solutions has grown to 13 locations across the United States, Canada, Mexico, Egypt, and United Arab Emirates. For more information about MFE Inspection Solutions, please visit www.mfe-is.com.


Contacts

Sharon Reynolds
Marketing Manager
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BELOIT, Wis.--(BUSINESS WIRE)--#FMD--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has been awarded a purchase order by Huntington Ingalls Industries to build and deliver four main propulsion diesel engines featuring common rail technology to power the U.S. Navy’s newest Landing Platform/Dock (LPD) ship, LPD 32. FMD’s common rail system technology maximizes performance through enhanced fuel efficiency and reduced carbon emissions.


“For many decades, the engineers and entrepreneurs who built Fairbanks Morse Defense have been proving the quality of our engines while improving real-world results,” said FMD CEO George Whittier. “Today, the U.S. fleet and its allies rely on our onboard solutions for global technical support to maximize mission confidence, which is why we remain as committed as ever to designing, developing and delivering the best naval power and propulsion systems on the planet.”

Manufactured in the U.S. and serviced worldwide, FMD’s proven marine technology is engineered for excellence to ensure reliable operation, extended asset lifecycles, and minimal downtime. In addition to delivering its power and propulsion systems, the defense contractor has been selected by the Navy and Military Sealift Command time and again to provide mission-critical marine technology, turnkey services, and OEM parts throughout the vessel.

FMD previously provided engines with common rail technology for LPD 30 and LPD 31.

This year FMD is celebrating its 150th anniversary. For almost 100 years, we have proudly served the U.S. Navy, Military Sealift Command, and the U.S. Coast Guard. Today, an FMD product is now on every single American naval platform as a result of their expanded portfolio of product offerings through acquisitions and organic growth.

About Fairbanks Morse Defense (FMD)

Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For almost 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.

To learn more, visit www.FairbanksMorseDefense.com.


Contacts

Fairbanks Morse Media Contact:
Mercom Communications
Michelle Hargis
Tel: 512-215-4452
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DUBLIN--(BUSINESS WIRE)--The "Geotechnical Engineering & Design Software Market Research Report by Platform (App-based and Web-based), End User, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.


The Global Geotechnical Engineering & Design Software Market size was estimated at USD 934.09 million in 2021, USD 1,032.77 million in 2022, and is projected to grow at a CAGR 11.01% to reach USD 1,748.92 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Geotechnical Engineering & Design Software Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Geotechnical Engineering & Design Software Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Geotechnical Engineering & Design Software Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Geotechnical Engineering & Design Software Market?

4. What is the competitive strategic window for opportunities in the Global Geotechnical Engineering & Design Software Market?

5. What are the technology trends and regulatory frameworks in the Global Geotechnical Engineering & Design Software Market?

6. What is the market share of the leading vendors in the Global Geotechnical Engineering & Design Software Market?

7. What modes and strategic moves are considered suitable for entering the Global Geotechnical Engineering & Design Software Market?

Market Dynamics

Drivers

  • Growing Demand for Geotechnical Engineering in the Civil Engineering
  • Increasing Penetration of Mobile-Enabled Software for Geotechnical Inspection & Testing
  • Growing Popularity of 3D Geotechnical Software

Restraints

  • High Installation and Monitoring Costs of Geotechnical Engineering & Design Software

Opportunities

  • Developments in Geotechnical Engineering & Design Software
  • Growing Smart City Projects and Increasing Construction Projects Worldwide

Challenges

  • Shortage of Skilled Operators for Handling Geotechnical Engineering Software

Companies Mentioned

  • Arup Group Limited
  • Autodesk, Inc.
  • Bentley Systems, Incorporated
  • Canary Systems, Inc.
  • Dataforensics, LLC
  • Daystar Software, Inc.
  • DC-Software Doster & Christmann GmbH
  • Deep Excavation LLC
  • Enercalc, Inc.
  • Ensoft, Inc.
  • Fine spol. s r.o.
  • Geocomp Corporation
  • GeoStructures, Inc.
  • Itasca International Inc.
  • Keller Group PLC
  • Nova Metrix LLC
  • Novo Tech Software Ltd.
  • Prokon Software Consultant (Pty) Ltd.
  • Rocscience, Inc.
  • Sisgeo S.r.l.
  • SoilStructure Software, Inc.
  • Southern IT Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/5l0w


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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