KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Letara Ltd., a startup out of Hokkaido University that develops engines for artificial satellites. The engines being developed by Letara will enable satellites to move to a desired orbit after launch. With fuel technology using plastics and oxidizers, these engines provide both safety and propulsion,… Continue reading Toyoda Gosei Invests in Letara Ltd., a Startup Developing Engines for Artificial Satellites
Author: BusinessWire Online News
Accelera by Cummins Awarded $75 Million for Zero-Emissions Manufacturing from Department of Energy
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that the company has been awarded $75 million to convert approximately 360,000 sq. ft. of existing manufacturing space at its Columbus (Indiana) Engine Plant (CEP) for zero-emissions components and electric powertrain systems. The $75 million grant is the largest federal grant ever awarded solely to Cummins and… Continue reading Accelera by Cummins Awarded $75 Million for Zero-Emissions Manufacturing from Department of Energy
Cummins Demonstrates How its Business and Sustainability Strategies Are Aligned, Effective in 2023-24 Sustainability Progress Report
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) has published its latest annual Sustainability Progress Report, announcing key advancements in the company’s efforts to fulfill its mission of making people’s lives better by powering a more prosperous world. “This report clearly illustrates how our business and environmental strategies are intentionally and intricately aligned – how we are… Continue reading Cummins Demonstrates How its Business and Sustainability Strategies Are Aligned, Effective in 2023-24 Sustainability Progress Report
Cummins Inc. Increases Quarterly Common Stock Dividend
COLUMBUS, Ind.–(BUSINESS WIRE)–The Board of Directors of Cummins Inc. (NYSE: CMI) today approved an increase in the company’s quarterly common stock cash dividend of approximately 8.3% from 1.68 dollars per share to 1.82 dollars per share. The dividend is payable on September 5, 2024, to shareholders of record on August 23, 2024. Cummins has increased… Continue reading Cummins Inc. Increases Quarterly Common Stock Dividend
Toyoda Gosei Invests in Synspective Inc., a Startup That Develops and Operates Small Artificial Satellites
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) has invested1 in Synspective Inc., a startup that develops and operates small SAR satellites2 and provides solutions based on satellite data analysis. Synspective was established based on development results for technology to make smaller SAR satellites in the Japanese Cabinet Office’s innovative research and development program (ImPACT).3 Its… Continue reading Toyoda Gosei Invests in Synspective Inc., a Startup That Develops and Operates Small Artificial Satellites
Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO
COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.–(BUSINESS WIRE)–Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”] and PACCAR [NASDAQ: PCAR] have completed the formation of their joint venture, now known as Amplify Cell Technologies, to… Continue reading Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO
Cummins-Meritor Regional Brake Training Events Return in 2024
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins-Meritor®, a leading provider of integrated drivetrain solutions, today announced the return of their live, in-person aftermarket parts training sessions, open to technicians nationwide. The 2024 Regional Training program focuses on maintenance and repair of heavy-duty commercial vehicle brakes, including both cam and air disc brake systems. From June through November, training events… Continue reading Cummins-Meritor Regional Brake Training Events Return in 2024
Tony Satterthwaite Retiring After Distinguished Career at Cummins
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) announced today that Senior Vice President Tony Satterthwaite will retire, effective September 2024, after 36 years in leadership positions with the company. “Tony’s more-than three decades of visionary leadership with Cummins have produced a lasting impact on our company and our people, helping lay the strong foundation that supports… Continue reading Tony Satterthwaite Retiring After Distinguished Career at Cummins
Valmet Automotive presents the Energy Pack battery system concept with high energy density
Offering a unique combination of performance, ease of integration and durability, Energy Pack is designed to power trucks and buses as well as off-highway equipment in agriculture, forestry, construction, and mining. The battery system uses the latest generation of durable and safe NMC cells, and it is based on a Cell-to-Pack approach for high energy… Continue reading Valmet Automotive presents the Energy Pack battery system concept with high energy density
Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles
COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], has launched the next generation of several of its cutting-edge decarbonizing technologies that are shaping the future of clean transportation. New versions of its hydrogen fuel cell engines, a high efficiency eAxle, and its next-generation batteries are among the new products… Continue reading Accelera Launches Next-Gen Hydrogen and Electric Solutions for Commercial Vehicles