Blume Global and Resilinc Partner to add risk management solution to end-to-end logistics orchestration platform

PLEASANTON, Calif., June 8, 2022 /PRNewswire/ — Blume Global, a multimodal supply chain orchestration platform that unites end-to-end visibility, supplier management and logistics execution, has partnered with Resilinc, the world’s leading supply chain risk-monitoring, mapping and resiliency solution, to provide Blume Global customers with best-in-class risk management solutions. Both the Blume Global and Resillinc teams… Continue reading Blume Global and Resilinc Partner to add risk management solution to end-to-end logistics orchestration platform

Kodiak Robotics SensorPods Simplify Autonomous Truck Maintenance and Increase Truck Utilization by Eliminating the Need for Specialized Technicians

Servicing and maintaining most autonomous truck sensor systems requires significant time and specialized training, which complicates repairs since long-haul trucks can travel thousands of miles per trip and may need service in remote locations. This deployment environment makes it crucial that hardware be easily serviceable and maintainable in order to create a viable path toward… Continue reading Kodiak Robotics SensorPods Simplify Autonomous Truck Maintenance and Increase Truck Utilization by Eliminating the Need for Specialized Technicians

Ahoy! Launches Recreational Boating Insurance – By Boaters, For Boaters

 Available directly and via agents the company leverages proactive, risk-reducing technology to offer recreational boaters innovative insurance policies designed for the modern boater across the US NEW YORK, June 8, 2022 /PRNewswire/ — Ahoy!®, the new digital insurance MGA for recreational boating, today launched its unique technology-driven insurance product for the boating industry. Built by boaters… Continue reading Ahoy! Launches Recreational Boating Insurance – By Boaters, For Boaters

Teleo Secures $12 Million Series A to Turn Construction and Mining Equipment into Semi-Autonomous Robots

PALO ALTO, Calif., June 8, 2022 /PRNewswire/ — Teleo is a construction robotics company that retrofits construction and mining heavy equipment to turn them into semi-autonomous robots. Today, they announced they have raised $12M in Series A funding led by UP.Partners. F-Prime Capital and K9 Ventures also joined the round, as did Trucks Venture Capital, who… Continue reading Teleo Secures $12 Million Series A to Turn Construction and Mining Equipment into Semi-Autonomous Robots

Phase Four and Impulse Space to Collaborate on Multi-Mode Propulsion

“Multi-mode propulsion systems are compelling because they allow a space vehicle to have two vastly different thrust and efficiency operating points, but leverage a single propellant supply, saving mass and cost,” said Phase Four CEO, Beau Jarvis. “We are excited to work with the Impulse Space team to bring this novel propulsion capability to market… Continue reading Phase Four and Impulse Space to Collaborate on Multi-Mode Propulsion

Netradyne Named to Forbes AI 50 List of Top Artificial Intelligence Companies of 2022

Netradyne Uses AI To Help Fleets Reduce Driver Incidents, Protect Against False Claims, and Create Safer Roads SAN DIEGO, June 8, 2022 /PRNewswire/ — Netradyne, an industry leader in artificial intelligence (AI) and edge computing focusing on driver and fleet safety, has been named on this year’s Forbes AI 50 list 2022 for North America. Produced… Continue reading Netradyne Named to Forbes AI 50 List of Top Artificial Intelligence Companies of 2022

CIT Increases Maritime Financing to $57 Million for Crowley

NEW YORK, June 8, 2022 /PRNewswire/ — CIT, a division of First Citizens Bank, today announced that its Maritime Finance business has recently increased its financing of Crowley, a leading global shipping and logistics company, to a total of $57 million as part of a larger credit facility. This financing applies to multiple  Crowley vessels.  … Continue reading CIT Increases Maritime Financing to $57 Million for Crowley

Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow to Create a Leader in Advanced Air Mobility

The acquisition places Electra’s order book at almost 800 planes, beyond break-even for commercial development.  Tweet this Both Electra and Airflow have been building blown-lift, ultra-short takeoff and landing aircraft to serve new air mobility markets that favor the operating flexibility of a helicopter, yet require the superior range and economics of a fixed-wing aircraft.… Continue reading Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow to Create a Leader in Advanced Air Mobility

On the 30th Anniversary of World Oceans Day, SeaWorld Announces Commitment to Support UN Sustainable Development Goal 14 ‘Life Below Water’ with Nearly 60 Years of Taking Action to Protect Marine Animals and their Habitats

SeaWorld will continue to act on UN SDG 14 to conserve and sustainably use the ocean, seas, and marine resources  SeaWorld has developed and supported various aquaculture programs that reintroduce healthy and abundant fish populations necessary to sustain sea life Restoring coral reef systems has been and remains a priority for SeaWorld in Florida and worldwide… Continue reading On the 30th Anniversary of World Oceans Day, SeaWorld Announces Commitment to Support UN Sustainable Development Goal 14 ‘Life Below Water’ with Nearly 60 Years of Taking Action to Protect Marine Animals and their Habitats

Budget Saudi contracts reach SAR 250 million, retained earnings hit SAR 723 million in Q1 2022

RIYADH, Saudi Arabia, June 8, 2022 /PRNewswire/ — United International Transportation (UNITRANS) Group’s flagship brand Budget Saudi has announced Q1 2022 results. The 44-year-old company reported a net profit after Zakat and tax of SAR 60.3M in Q1 2022, compared to SAR 48.3M in the year-earlier period, and retained earnings amounted to about SAR 723M in Q1… Continue reading Budget Saudi contracts reach SAR 250 million, retained earnings hit SAR 723 million in Q1 2022