Veoneer completes sale of Active Safety business to Magna

STOCKHOLM, June 1, 2023 /PRNewswire/ — The automotive technology company Veoneer announced the completion of the sale of its Active Safety business to Magna, a mobility technology company and one of the largest suppliers in the auto industry. The transaction was first announced on December 20, 2022. “Today is a great day for all stakeholders… Continue reading Veoneer completes sale of Active Safety business to Magna

Tootl Welcomes New Head of Franchise Development to Leadership Team

Franchising Titan Jeff Mathews Joins the Non-Emergency Transportation Brand as the Senior Director of Franchise Development NORTHBROOK, Ill., June 1, 2023 /PRNewswire/ — Tootl Transport, the non-emergency medical transportation company that will be providing the country with reliable wheelchair accessible rides, recently welcomed Jeff Mathews to the team as Senior Director of Franchise Development. Mathews… Continue reading Tootl Welcomes New Head of Franchise Development to Leadership Team

Netstock Announces the Release of its AI-Powered Predictive Planning Suite™

Netstock’s AI-powered solution will empower SMBs to adapt, flex, and accelerate supply chain planning to outpace their competitors. BOSTON, May 31, 2023 /PRNewswire/ — Netstock, a leading supply chain planning solution provider for small and medium-sized businesses, has released its AI-powered Predictive Planning Suite, a purpose-built supply chain planning and inventory management solution. This AI-powered… Continue reading Netstock Announces the Release of its AI-Powered Predictive Planning Suite™

SHASHI HOTEL MOUNTAIN VIEW OFFERS GUEST-FOCUSED HOSPITALITY EXPERIENCE THROUGH HIGH-TECH TOUCHPOINTS, THOUGHTFUL AMENITIES AND MICHELIN STAR DINING

The Silicon Valley Hotel is Primed to Disrupt the Hospitality Experience By Embracing Innovation and Technology MOUNTAIN VIEW, Calif., May 31, 2023 /PRNewswire/ — Opened in 2021, Shashi Hotel is a premier urban resort nestled in the heart of Silicon Valley in Mountain View, California, by Shashi Group. In its ongoing pursuit of creating exceptional customer experiences, Shashi Hotel… Continue reading SHASHI HOTEL MOUNTAIN VIEW OFFERS GUEST-FOCUSED HOSPITALITY EXPERIENCE THROUGH HIGH-TECH TOUCHPOINTS, THOUGHTFUL AMENITIES AND MICHELIN STAR DINING

Lockheed Martin to Feature Kennametal Tools in Machining Guide

Kennametal’s HARVI end mills recognized in the industry for aerospace tooling excellence PITTSBURGH, May 31, 2023 /PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that its HARVI™ solid carbide end mills will be included as a preferred product in Lockheed Martin’s internal machining guide. The resource, produced by Lockheed Martin Aeronautics’ Operations Technology group for… Continue reading Lockheed Martin to Feature Kennametal Tools in Machining Guide

XCMG Machinery Supports Global Infrastructure Projects, Promotes Dynamic and Sustainable Development

KIGONGO, Tanzania and ALEXANDRIA, Egypt, May 31, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) is working on an extensive number of infrastructure projects worldwide, with substantial operations established across eight major regions, while aiding regional economic development with “Advanced and Endurable” products, solutions, and services. Recently, XCMG shipped 3 units of tower cranes for the construction… Continue reading XCMG Machinery Supports Global Infrastructure Projects, Promotes Dynamic and Sustainable Development

Aerostructures Market worth $84.0 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 31, 2023 /PRNewswire/ — The Aerostructures market is estimated to be USD 61.0 billion in 2023 and is projected to reach USD 84.0 billion by 2028, at a CAGR of 6.6% during the forecast period according to a new report by MarketsandMarkets™. Modern structures that are created to satisfy certain operating needs are… Continue reading Aerostructures Market worth $84.0 billion by 2028 – Exclusive Report by MarketsandMarkets™

Successful splashdown of Dragon 2 in the Atlantic Ocean – historic moment for the two Saudi heroes of the space mission

CAPE CANAVERAL, Fla., May 31, 2023 /PRNewswire/ — The Saudi Space Commission (SSC) has announced today the success of mission AX-2 and the landing of the astronauts’ capsule after a pioneering scientific trip to the International Space Station (ISS). This innovative mission contributed to raising the status of Saudi Arabia whilst its success is a… Continue reading Successful splashdown of Dragon 2 in the Atlantic Ocean – historic moment for the two Saudi heroes of the space mission

Majority of UK road users believe new eye-tracking technology to check driver attentiveness could help improve road safety, but public awareness remains low, according to survey

Over two thirds of survey respondents (70%) believe that in-vehicle Driver Monitoring Systems can improve road safety and help reduce accidents caused by distracted or fatigued drivers However, 72% of UK consumers have little to no knowledge of this new technology, which is becoming mandatory for carmakers to install around the world and is present… Continue reading Majority of UK road users believe new eye-tracking technology to check driver attentiveness could help improve road safety, but public awareness remains low, according to survey

Project status update: First phase of offshore installation Dragon 12 completed in Vestmanna, Faroe Islands

GOTHENBURG, Sweden, May 31, 2023 /PRNewswire/ — Minesto, leading ocean energy developer, has today successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point to the offshore installation node. After transit across the… Continue reading Project status update: First phase of offshore installation Dragon 12 completed in Vestmanna, Faroe Islands