Total revenue of $187.5 million Net income of $29.6 million Generated cash flows from operations of $65.1 million Held inaugural investor day at which management highlighted its growth strategy, long-term outlook and increased financial guidance for 2022 MESA, Ariz., Aug. 3, 2022 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology… Continue reading Verra Mobility Announces Second Quarter Financial Results
Tag: Mobility
Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric
DUBLIN, Aug. 3, 2022 /PRNewswire/ — The “Global Automotive Connector Market (By Application, Vehicle Type and Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering. The global automotive connector market recorded a value of US$92.21 billion, growing at a CAGR of 12.70%, for the time period of… Continue reading Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric
Xona Secures Investment from First Spark Ventures and Lockheed Martin to Accelerate LEO GPS Alternative
SAN MATEO, Calif., Aug. 3, 2022 /PRNewswire/ — Xona Space Systems, a pioneer in navigation technologies from Low Earth Orbit (LEO), is excited to announce that they have raised an oversubscribed financing round to accelerate the development of their high-performance commercial satellite navigation network, bringing their total funding to over $25M. Continue Reading Xona raised… Continue reading Xona Secures Investment from First Spark Ventures and Lockheed Martin to Accelerate LEO GPS Alternative
@Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding
Provides $750,000 to support immediate and long-term recovery; Payment relief options extended to affected Toyota and Lexus customers PLANO, Texas (Aug. 3, 2022) – Toyota announced today $750,000 in donations to assist with immediate needs and long-term recovery efforts following catastrophic flooding in Eastern Kentucky. Toyota employees are also rallying to support immediate needs through donation… Continue reading @Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding
BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Prestigious distinction symbolizes the best innovative IT practices to enable company growth TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ — BlueGrace Logistics’ Chief Technology Officer, Azad Ratzki, has been named a 2022 CIO of the Year Honoree awarded to outstanding information technology executives and leaders in Tampa Bay who have excelled at enabling business optimization processes… Continue reading BlueGrace Logistics’ Azad Ratzki Named CIO of the Year Honoree Highlighting Tampa IT Leaders, Top Market for Tech Migration
Toksi, a Revolutionary App That Aims To Digitalize Taxi Services, was Launched
VIENNA, Aug. 3, 2022 /PRNewswire/ — A group of developers with backgrounds in different sectors, such as blockchain, cab companies, business banking services, retail, lifestyle management, etc., has launched a groundbreaking application for ride-sharing, which aims to disrupt the existing business model of taxi services and offer something fundamentally new to the market – the Toksi… Continue reading Toksi, a Revolutionary App That Aims To Digitalize Taxi Services, was Launched
@Ford: Ford is America’s No. 1 Brand in July; EV Sales Outpace Segment, F-Series No. 1 Truck; Ford Brand SUV Sales Post 70 Percent Gain; Lincoln SUVs Set July Record
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford is America’s No. 1 Brand in July; EV Sales Outpace Segment, F-Series No. 1 Truck; Ford Brand SUV Sales Post 70 Percent Gain; Lincoln SUVs Set July Record
Former Sherwin-Williams CEO Christopher Connor retiring from Eaton’s board
Reuters Siemens supervisory board employee reps against further splitting-up Siemens’ new supervisory board is committed to doing away with the portfolio policy of the past, said influential employee representatives on the board, who added that they were opposed to further splitting up the German industrial group. Siemens AG, Siemens Mobility, and the majority stake in… Continue reading Former Sherwin-Williams CEO Christopher Connor retiring from Eaton’s board
BorgWarner Selected to Deliver Battery System for Electric Commercial Vehicle
Solution among highest energy density battery systems available on market Electric vehicle range increased significantly compared to prior development Total cost of ownership minimized for an electrified commercial vehicle (eCV) AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ — BorgWarner’s AKASOL ultra-high energy battery system has been selected by a European manufacturer to power its first… Continue reading BorgWarner Selected to Deliver Battery System for Electric Commercial Vehicle
Nexar to acquire Veniam to leverage vehicles as engines of data
The pairing of technologies opens unlimited possibilities for a new breed of data-rich mobility applications TEL AVIV, Israel, Aug. 3, 2022 /PRNewswire/ — Nexar, a leading AI mobility company, today announced that it has entered into an agreement to acquire Veniam, the leading provider of intelligent networking for the internet of moving things. With this… Continue reading Nexar to acquire Veniam to leverage vehicles as engines of data