McDermott Christens State-of-the-Art Amazon Vessel

As part of McDermott’s global deepwater subsea strategy, the vessel has undergone a sophisticated conversion. The upgraded specifications enable highly automated operations, the production of hex joints from single or double joints using an onboard multi-joint facility and a pipe hold capacity of 10,000 metric tons. Its increased level of automation also enables a significant… Continue reading McDermott Christens State-of-the-Art Amazon Vessel

Dana Awarded $2.7 Million Grant to Develop e-Powertrain for OX Delivers

MAUMEE, Ohio, June 17, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its operation in Birmingham, United Kingdom, has been awarded a $2.7 million (£2 million) grant to develop an e-Powertrain for OX Delivers — the world’s first flat-pack utility vehicle destined for emerging markets in Africa. The OX Delivers truck has been engineered… Continue reading Dana Awarded $2.7 Million Grant to Develop e-Powertrain for OX Delivers

Sonobuoy Market Size to Reach USD 178.29 Million Globally by 2024 at 7 % CAGR | Technavio

NEW YORK, June 17, 2022 /PRNewswire/ — Technavio categorizes the sonobuoy market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the sonobuoy market during the forecast period. The sonobuoy market size… Continue reading Sonobuoy Market Size to Reach USD 178.29 Million Globally by 2024 at 7 % CAGR | Technavio

Global Space and Aerospace Battery Market and Technology Research Report 2022

DUBLIN, June 17, 2022 /PRNewswire/ — The “Batteries for Space and Aerospace – Market and Technology Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. Global Space and Aerospace Battery markets will reach US$10.11 billion through 2030 from US$4.09 billion in 2022. And the energy requirement for space and aerospace applications will rise to 28.09… Continue reading Global Space and Aerospace Battery Market and Technology Research Report 2022

Global Electric Truck Battery Markets Report 2021-2025 Featuring Major Suppliers – CATL, BYD, LG Chem, Samsung, and SK Innovation

DUBLIN, June 17, 2022 /PRNewswire/ — The “Global Electric Truck Battery Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. Technological evolution, improving economics, and policy changes are poised to drive the electric truck battery market. The market opportunity for electric truck batteries is estimated to be more than $80 billion by 2030. Battery is the… Continue reading Global Electric Truck Battery Markets Report 2021-2025 Featuring Major Suppliers – CATL, BYD, LG Chem, Samsung, and SK Innovation

JDDJ and JD.com’s Shop Now launch 618 Grand Promotion on-demand consumption guide, revealing fun trends

On-demand consumption of soup ingredients up 187% yoy while gift boxes of tea leaves grew 369% year-on-year in Guangzhou. Hotpot ingredients sales saw surge of 86% yoy in Changsha. Children’s Day boosted on-demand toy sales with 260% growth. SHANGHAI, June 17, 2022 /PRNewswire/ — JDDJ, China’s leading on-demand retail platform operated by Dada Group (NASDAQ: DADA),… Continue reading JDDJ and JD.com’s Shop Now launch 618 Grand Promotion on-demand consumption guide, revealing fun trends

OTSL Announces State-of-Art Millimeter-Wave Radar Simulator Product for Autonomous Driving

– Super Parallel Optimization Improves Simulation Performance over 10 Times – NAGOYA, Japan, June 17, 2022 /PRNewswire/ — OTSL Inc., a short-distance wireless system and embedded system developer and distributor, has announced a new 3D real-time millimeter-wave radar simulator for autonomous driving (*1), AMMWR2 (Advanced Millimeter Wave Radar Simulator 2). Since introducing AMMWR to market… Continue reading OTSL Announces State-of-Art Millimeter-Wave Radar Simulator Product for Autonomous Driving

Volvo Energy invests in Connected Energy for second life battery business

GÖTEBORG, Sweden, June 17, 2022 /PRNewswire/ — Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo Group’s battery business and sustainability opportunities.  In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approx. SEK 50… Continue reading Volvo Energy invests in Connected Energy for second life battery business

Health and Wellness Market Size to Reach USD 1.29 Trillion Globally by 2025 at 6.29% CAGR | Technavio

NEW YORK, June 17, 2022 /PRNewswire/ — The health and wellness market size is expected to grow by USD 1.39 trillion from 2020 to 2025 at a CAGR of 6.29% as per the latest market report by Technavio. The growing influence of thermal and mineral springs and spas is a major trend supporting the health and wellness… Continue reading Health and Wellness Market Size to Reach USD 1.29 Trillion Globally by 2025 at 6.29% CAGR | Technavio