MIND Technology Announces Sale of Klein Unit

THE WOODLANDS, Texas, Aug. 22, 2023 /PRNewswire/ — MIND Technology, Inc. (“MIND” or the “Company”) (Nasdaq: MIND) announced today that it has sold its Klein Marine Systems (“Klein”) unit for cash consideration of $11.5 million to General Oceans, Inc. (“General Oceans”), a subsidiary of General Oceans AS.  Pursuant to the transaction, MIND has licensed its… Continue reading MIND Technology Announces Sale of Klein Unit

Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ — The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the… Continue reading Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.

Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO

VANCOUVER, BC, Aug. 21, 2023 /PRNewswire/ – Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, announced today that David Johnson, Chief Executive Officer has decided to step down as chief executive officer and will resign from the Board, effective immediately.… Continue reading Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO

Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO

VANCOUVER, BC, Aug. 22, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, announced today that David Johnson, Chief Executive Officer has decided to step down as chief executive officer and will resign from the Board, effective immediately.… Continue reading Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO

Europa Wire: Maersk Charges Ahead: Expanding Electric Fleet to Over 500 Vehicles for Green Logistics Revolution in India000726

Maersk Charges Ahead: Expanding Electric Fleet to Over 500 Vehicles for Green Logistics Revolution in India (IN BRIEF) Maersk, a global shipping and logistics company, is rapidly expanding its electric vehicle (EV) fleet in India, aiming to strengthen the fleet to over 500 vehicles in 26 cities. The company is committed to achieving net-zero emissions… Continue reading Europa Wire: Maersk Charges Ahead: Expanding Electric Fleet to Over 500 Vehicles for Green Logistics Revolution in India000726

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NEW YORK/SAN FRANCISCO, Aug 22 (Reuters) – A scramble among Arm Holdings Ltd’s clients, comprising the world’s biggest technology companies, to snap up shares in its initial public offering (IPO) is testing the semiconductor designer’s adherence to not picking sides in the chip industry. Customers of Arm that have held talks about taking a piece… Continue reading Untitled

AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

LYSAKER, Norway and NEW ORLEANS, Aug. 22, 2023 /PRNewswire/ — AMSC ASA (“AMSC“) and Maritime Partners, LLC today announced that AMSC and Project Merchant Acquisition LLC (the “PM Acquisition“), a newly-formed company owned and controlled by a fund managed by Maritime Partners, LLC, have signed a share purchase agreement (the “SPA“) for PM Acquisition’s purchase… Continue reading AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC“) and Maritime Partners, LLC. (“Maritime Partners“) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition“), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates… Continue reading Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

Thrive Aviation Adds Factory-Delivered Phenom 300E in Partnership with Christopher B. Munday, Munday Aviation LLC

LAS VEGAS, Aug. 22, 2023 /PRNewswire/ — Thrive Aviation proudly announces the addition of a new, factory-delivered Phenom 300E to its charter fleet. The class-leading aircraft, celebrated for its innovative design and outstanding performance, has been incorporated into the fleet under a collaborative management partnership with aircraft owner, Christopher B. Munday, Munday Aviation LLC. Continue… Continue reading Thrive Aviation Adds Factory-Delivered Phenom 300E in Partnership with Christopher B. Munday, Munday Aviation LLC