GomSpace Q1 2023 Report and Status Update

STOCKHOLM, May 26, 2023 /PRNewswire/ — GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability FIRST QUARTER OF 2023 Order intake was T.SEK 33,454 (41,497) Net revenues of T.SEK 78,150 are in line with Q1 2022 (78,365) Gross margin this quarter is positive 12%, compared to negative 26% for… Continue reading GomSpace Q1 2023 Report and Status Update

XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup

XUZHOU, China, May 26, 2023 /PRNewswire/ — On May 16, 2023, XCMG (SHE: 000425), the world’s top three construction machinery manufacturers, inaugurated its 5th International Customer Festival with a captivating opening ceremony held at its production facility for excavating machines. The event includes visits to XCMG excavator machinery’s exhibition hall and intelligent production lines, interactive… Continue reading XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup

LG INSTAVIEW FRIDGE TO LIFT THE ‘MOODUP’ AT VIVID SYDNEY 2023

LG to Unveil Its Unique, Color-changing Refrigerator in Australia in Partnership With the Country’s Largest Festival of Creativity, Innovation and Light SEOUL, South Korea, May 26, 2023 /PRNewswire/ — LG Electronics (LG) announces ‘MoodUP™, by LG,’ an exciting, multifaceted activation set to take place during Vivid Sydney 2023. Featuring the biggest light show in Australia,… Continue reading LG INSTAVIEW FRIDGE TO LIFT THE ‘MOODUP’ AT VIVID SYDNEY 2023

Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development

MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ — Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an autonomous trucking software company, today announced that the companies have entered into a definitive merger agreement. Under the agreement, Applied will acquire Embark in an all-cash transaction with an… Continue reading Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development

Costa Rica promotes diversification and high-quality food at the PLMA trade show in Europe

ÁMSTERDAM, May 25, 2023 /PRNewswire/ — In addition to being recognized as a tourist destination and for its commitment to sustainability and democracy, Costa Rica also enjoys an international position for the quality and diversity of its export products. It is precisely these characteristics that this Central American country promoted with the help of the… Continue reading Costa Rica promotes diversification and high-quality food at the PLMA trade show in Europe

Autopilot System Market Set to Surge with 6.14% CAGR by 2029: Urbanization, Infrastructure Investments, and Technological Advancements

The growing need for automation in the aviation sector is a primary driver of the global market for autopilot systems. PUNE, India, May 25, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Autopilot… Continue reading Autopilot System Market Set to Surge with 6.14% CAGR by 2029: Urbanization, Infrastructure Investments, and Technological Advancements

Scania reshapes its bus and coach business

SÖDERTÄLJE, Sweden., May 30, 2023 /PRNewswire/ — To provide customers with competitive and sustainable mobility solutions and secure profitable growth in a changing market environment, Scania reshapes its bus and coach business. As a result of the new direction, which entails a more focused product portfolio and roadmap ahead, a decision is taken to cease body… Continue reading Scania reshapes its bus and coach business

Magnus Jarlegren named the next President of Autoliv Europe

STOCKHOLM, May 30, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, has appointed Magnus Jarlegren, currently Executive Vice President, Operations, as the next President Autoliv Europe effective June 1, 2023. Magnus Jarlegren succeeds Frithjof Oldorff who will leave Autoliv to pursue new opportunities. Magnus Jarlegren brings extensive… Continue reading Magnus Jarlegren named the next President of Autoliv Europe

Magnus Jarlegren named the next President of Autoliv Europe

STOCKHOLM, May 30, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, has appointed Magnus Jarlegren, currently Executive Vice President, Operations, as the next President Autoliv Europe effective June 1, 2023. Magnus Jarlegren succeeds Frithjof Oldorff who will leave Autoliv to pursue new opportunities. Magnus Jarlegren brings extensive… Continue reading Magnus Jarlegren named the next President of Autoliv Europe

Tata Elxsi wins three e4M India Design Excellence Awards

Honoured with 1 Gold award for Best Design for Automotive and Transport and 2 Bronze for Best Design for Retail Space Designing and Best Design for Print & Published Media categories. BANGALORE, India, May 30, 2023 /PRNewswire/ — Tata Elxsi, a global design company that blends technology, creativity, and engineering, has been honoured with three… Continue reading Tata Elxsi wins three e4M India Design Excellence Awards