With its third design win, Innoviz’s forward-looking order book was updated to $6.6 billion. Footage of InnovizTwo LiDAR performance can be found here. About Innoviz Technologies Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world’s roads. Innoviz’s LiDAR and perception software “see” better than a human driver… Continue reading CARIAD SE Selects Innoviz as Direct LiDAR Supplier for the Segment of Automated Vehicles Within the Volkswagen Brands
Author: PR Newswire Online News
PROENERGY Kicks Off Nearly $30 Million Advanced Manufacturing Initiative
Rare and State-of-the-Art Hybrid 3D Printing Machine Represents First Milestone Toward Fortified Supply Chain and Enhanced Energy Security SEDALIA, Mo., Aug. 2, 2022 /PRNewswire/ — PROENERGY announced today a $28.8-million investment on an advanced manufacturing initiative, starting with the recent acquisition and proven application of a 3D hybrid printing machine. As part of the company’s… Continue reading PROENERGY Kicks Off Nearly $30 Million Advanced Manufacturing Initiative
The Counter Introduces Two New Mac n Cheese Burgers For a Limited Time
Sweet Dreams are Made of Mac n Cheese Burgers SCOTTSDALE, Ariz., Aug. 2, 2022 /PRNewswire/ — The Counter welcomes to their menu two unique Mac n Cheese Burgers, the Mac Stack Burger and the Green Chile Mac n Cheeseburger, both very different in flavors and textures, but equally delicious. To add something sweet to this savory… Continue reading The Counter Introduces Two New Mac n Cheese Burgers For a Limited Time
AMETEK Announces Record Second Quarter Results and Raises 2022 Guidance
BERWYN, Pa., Aug. 2, 2022 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced its financial results for the second quarter ended June 30, 2022. AMETEK’s second quarter 2022 sales were a record $1.51 billion, a 9% increase over the second quarter of 2021, with organic sales growth of 12%. Operating income increased 15% to a record… Continue reading AMETEK Announces Record Second Quarter Results and Raises 2022 Guidance
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2022 RESULTS
Revenue of $1.02 billion, down 2% as reported and up 3% at constant currency, led by 23% growth in Global Gaming Operating income of $228 million; operating income margin of 22% at high end of outlook on substantial increase in Global Gaming profitability and resilience in Global Lottery margin Adjusted EBITDA of $409 million, in… Continue reading INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2022 RESULTS
Leidos to acquire Cobham Aviation Services Australia’s Special Mission business
Transaction will bring airborne surveillance and search and rescue missions to Leidos Australia’s portfolio MELBOURNE, Australia, and RESTON, Va., August 2, 2022 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, announced it has entered into a definitive agreement with Cobham Limited to acquire Cobham Aviation Services Australia’s Special Mission business. The… Continue reading Leidos to acquire Cobham Aviation Services Australia’s Special Mission business
Lear Reports Second Quarter 2022 Results
SOUTHFIELD, Mich., Aug. 2, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2022. Second Quarter 2022 Highlights Sales outperformed global industry production by six percentage points, reflecting growth over market in both Seating and E-Systems Sales increased 7% to $5.1… Continue reading Lear Reports Second Quarter 2022 Results
LION ELECTRIC APPOINTS NEW U.S. MARKETING AND TRUCK SALES EXECUTIVES, DOMINIK BECKMAN AND SYDNEY DUNN
MONTREAL, Aug. 2, 2022 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”) a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced the addition of two executive positions in the U.S., naming Sydney Dunn as Vice President of Truck Sales, U.S. and Dominik Beckman as Vice President… Continue reading LION ELECTRIC APPOINTS NEW U.S. MARKETING AND TRUCK SALES EXECUTIVES, DOMINIK BECKMAN AND SYDNEY DUNN
Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2022 Results
Revenues of $3.6 billion, up 4% year-over-year Net Income of $172 million; Adjusted EBITDA of $366 million Diluted Earnings per Share of $1.24, or $1.59 on a non-GAAP basis Cash Flows from Operations of $40 million; Free Cash Flow of $19 million Net Bookings of $2.2 billion (book-to-bill ratio of 0.6); backlog of $34.7 billion… Continue reading Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2022 Results
Autonomous Train Market worth $12.3 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 2, 2022 /PRNewswire/ — The global Autonomous Train Market is estimated at USD 8.3 billion in 2022 and is projected to grow at a CAGR of 5.1% from 2022 to 2030, to reach USD 12.3 billion by 2030, according to a new report by MarketsandMarkets™. Asia Pacific is projected to lead the Autonomous Train Market… Continue reading Autonomous Train Market worth $12.3 billion by 2030 – Exclusive Report by MarketsandMarkets™