Acorn Growth Companies Completes Exit of Black Sage Technologies

OKLAHOMA CITY, Feb. 14, 2023 /PRNewswire/ — Acorn Growth Companies (“Acorn”), a private equity firm exclusively investing in aerospace, defense, intelligence, and space, today announced the sale of Black Sage Technologies, a leading provider of counter-unmanned aerial systems (C-UAS) and technologies, to Highlander Partners. Continue Reading AcornGrowth_Black_Sage Black Sage Technologies has established itself as a leader… Continue reading Acorn Growth Companies Completes Exit of Black Sage Technologies

Acorn Growth Companies Completes Exit of Black Sage Technologies

OKLAHOMA CITY, Feb. 14, 2023 /PRNewswire/ — Acorn Growth Companies (“Acorn”), a private equity firm exclusively investing in aerospace, defense, intelligence, and space, today announced the sale of Black Sage Technologies, a leading provider of counter-unmanned aerial systems (C-UAS) and technologies, to Highlander Partners. Continue Reading AcornGrowth_Black_Sage Black Sage Technologies has established itself as a leader… Continue reading Acorn Growth Companies Completes Exit of Black Sage Technologies

Hyundai Introduces Free Anti-Theft Software Upgrade, Beginning With More Than 1 Million Elantras, Sonatas and Venues

Free Upgrade Secures Vehicle in Response to Popularized Theft Method FOUNTAIN VALLEY, Calif., Feb. 14, 2023 /PRNewswire/ — In response to increasing thefts targeting its vehicles without push-button ignitions and immobilizing anti-theft devices in the United States, Hyundai is introducing a free anti-theft software upgrade to prevent the vehicles from starting during a method of… Continue reading Hyundai Introduces Free Anti-Theft Software Upgrade, Beginning With More Than 1 Million Elantras, Sonatas and Venues

Biden to nominate official to head U.S. auto safety agency

NHTSA is reviewing whether Tesla vehicles adequately ensure drivers are paying attention. By David Shepardson The White House said on Monday that President Joe Biden plans to nominate the acting head of the National Highway Traffic Safety Administration (NHTSA) to serve in the top job. Ann Carlson, the agency’s chief counsel, was named acting head… Continue reading Biden to nominate official to head U.S. auto safety agency

Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO

Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy, and consolidation. The Shanghai- and California- based company, which makes the sensing technology critical to autonomous driving and increasingly advanced driver assistant systems, raised $190 million from its public offering on Nasdaq.… Continue reading Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO

Twitter delays API changes again, this time ‘by a few more days’

The company had originally planned to cut off free access on February 9th. Twitter is once again delaying the rollout of its paid API. In a tweet spotted by AppleInsider, the company said Tuesday it needs more time to complete work on the redesign. “As part of our efforts to create an optimal experience for… Continue reading Twitter delays API changes again, this time ‘by a few more days’

GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023

Preliminary figures show consolidated revenue of around EUR 2.2 billion and operating EBIT between around EUR 35 million and EUR 36 million  EBIT impacted by impairment losses on property, plant and equipment and intangible assets of around EUR 74 million Outlook for 2023: Stable revenue development with doubling of operating EBIT expected   Ursensollen, February… Continue reading GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023

Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s 4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase. CTT, the newest tactical wheeled vehicle program, will begin replacing the… Continue reading Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

Aerospace Nanotechnology Global Market to 2030: Sector to Reach $8.1 Million by 2030 at a CAGR of 4.6%

DUBLIN, Feb. 13, 2023 /PRNewswire/ — The “Aerospace Nanotechnology – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. The global market for Aerospace Nanotechnology estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$8.1 Billion by 2030, growing at a CAGR of 4.6% over the… Continue reading Aerospace Nanotechnology Global Market to 2030: Sector to Reach $8.1 Million by 2030 at a CAGR of 4.6%

Hyundai’s Czech plant workers get 11.7% pay hike amid inflation bump

The Czech auto industry makes up a quarter of the country’s industrial production and employs 180,000 directly, and up to half a million indirectly. Workers at Hyundai Motor Co‘s Czech manufacturing plant will get an 11.7% pay raise on average from April, the company said on Monday. In the export-oriented Czech economy, the car sector… Continue reading Hyundai’s Czech plant workers get 11.7% pay hike amid inflation bump