CHICAGO, Aug. 16, 2023 /PRNewswire/ — The Connected Ship Market is estimated at USD 11.3 billion in 2023 and is projected to reach USD 17.2 billion by 2028, at a CAGR of 7.7 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth can be attributed to the increasing need for… Continue reading Connected Ship Market worth $17.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
Tag: Financial Results
Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing. Substantial investment potential seen in mobility technologies is driven… Continue reading Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Optical Satellite Communication Market worth $1,134 million by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 16, 2023 /PRNewswire/ — The Optical Satellite Communication Market is valued at USD 282 million in 2023 and is projected to reach USD 1,134 million by 2028, at a CAGR of 32.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The optical satellite communication market is a subset of the… Continue reading Optical Satellite Communication Market worth $1,134 million by 2028 – Exclusive Report by MarketsandMarkets™
Automotive Interior Market worth $194.8 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 16, 2023 /PRNewswire/ — Automotive Interior Market, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028, according to a new report by MarketsandMarkets™. The growth of the automotive interior market is influenced by various… Continue reading Automotive Interior Market worth $194.8 billion by 2028 – Exclusive Report by MarketsandMarkets™
Workers who’d had Legionnaires’ disease return to auto plant
Two autoworkers who had been diagnosed with Legionnaires’ disease are back to work at Stellantis’ Warren Truck Assembly Plant, and no legionella bacteria were found in testing of the plant’s water systems, according to a Stellantis spokeswoman. The investigation, however, is ongoing, according to Andrew Cox, Macomb County director of health and community services. It’s… Continue reading Workers who’d had Legionnaires’ disease return to auto plant
ZEELO SECURES $14 MILLION IN SERIES A EXTENSION TO POWER US GROWTH AND NEW PRODUCT DEVELOPMENT
Total equity investment reaches $34 million as Zeelo gears up to serve new US enterprise clients and launch new transportation technology features for bus operators Three new venture capital firms from Europe and North America complete the round which was led by FlatzHoffmann with additional participation from existing firms ETF Partners, InMotion Ventures and angel… Continue reading ZEELO SECURES $14 MILLION IN SERIES A EXTENSION TO POWER US GROWTH AND NEW PRODUCT DEVELOPMENT
Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12 After the quarter, successfully issued $575 million of 8.375%… Continue reading Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Tire Recycling Market to Reach $18.1 Billion, Globally, by 2032 at 3.4% CAGR: Allied Market Research
The growth of the global tire recycling market is driven by the growth in the number of automobiles, initiatives for encouraging tire recycling, and problems associated with the disposal of scrap tires. PORTLAND, Ore., Aug. 14, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Tire Recycling Market by Process (Pyrolysis, Shredding, Refurbishing), by Product… Continue reading Tire Recycling Market to Reach $18.1 Billion, Globally, by 2032 at 3.4% CAGR: Allied Market Research
NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that the Company has reached an agreement to make a strategic investment of US$500 million in China Evergrande New Energy Vehicle Group Ltd. (HKSE:0708), a Chinese… Continue reading NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
Top 10 EV makers Q2 2023: Tesla first, BYD second, but third may surprise you
As automakers battle for market share in the new electric era, a few stand out among the crowd. Namely, Tesla maintained its status as the world’s largest EV maker in Q2, with BYD closing the gap. Meanwhile, the third largest EV maker may surprise you. See who else made the list below. Tesla, BYD battle… Continue reading Top 10 EV makers Q2 2023: Tesla first, BYD second, but third may surprise you