– Geek+ brings its AMR expertise to premium car manufacturer BMW Brilliance Automotive’s vehicle production facility to strengthen digitalization and end-to-end value chain. SHENYANG, China, June 29, 2023 /PRNewswire/ — Geek+, the global leader in AMR technology, and BMW Brilliance Automotive (BBA), one of China’s leading premium automotive manufacturers, announce the automation of a highly advanced… Continue reading Geek+ drives automation of advanced BMW-producing plant in China
Tag: Strategy
Lordstown Motors Files for Bankruptcy
Lordstown has filed motions with the court seeking authority to commence a marketing and sale process under section 363 of the U.S. Bankruptcy Code to realize the full value of its Endurance vehicle and related assets. Photo: Lordstown Motors Lordstown Motors announced it has filed for bankruptcy, as the company will be undergoing a strategic restructuring process to maximize the value… Continue reading Lordstown Motors Files for Bankruptcy
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June 29 (Reuters) – Typeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce’s (CRM.N) global investment arm, bringing the total capital raised to $165 million. The $100 million round also saw participation from Lightspeed Venture… Continue reading Untitled
Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines
DUBLIN, June 29, 2023 /PRNewswire/ — Aviation has been plagued by supply-chain constraints which have affected every part of the industry. In the aftermath of the COVID pandemic, engine manufacturers have faced challenges due to a scarcity of skilled mechanics and component shortages. Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the… Continue reading Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines
Growth for Growth: utu Expansion to Harness Booming Middle East Travel
Travel-tech company raises US$33 Million, Acquires SC Ventures-Incubated CardsPal to Bring More Value to Travellers DUBAI, UAE, June 29, 2023 /PRNewswire/ — utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal, comprising of an acquisition and a funding round, consists… Continue reading Growth for Growth: utu Expansion to Harness Booming Middle East Travel
Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme
Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 28, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme
@VW Group: The TAG Heuer Porsche Formula E Team aims to extend its championship lead in Portland007465
Race Cape Town winner António Félix da Costa returned with a vengeance at the Portland International Raceway and climbed the podium for the third time this season. After travelling to the US state of Oregon as the leader of the drivers’ classification, Pascal Wehrlein made it into the points with eighth place. At the home… Continue reading @VW Group: The TAG Heuer Porsche Formula E Team aims to extend its championship lead in Portland007465
@VW Group: “A sustainable supply chain will secure a better future for us”007464
20/06/2023 Sustainability at Porsche has many facets. In this ‘Perspectives on Sustainability’ interview series, Porsche employees talk about sustainability from the perspective of their respective fields of expertise. Since October, Maike Kelessidis has been responsible for sustainability in the supply chain. In this interview, she talks about what motivates her. You’ve been responsible for sustainability… Continue reading @VW Group: “A sustainable supply chain will secure a better future for us”007464
Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive
The global aircraft micro turbine engine market is expected to grow primarily due to the increasing concept of micro turbine for propulsion. The aftermarket sub-segment is expected to flourish immensely. The market in the Europe region is predicted to grow at a high CAGR by 2031. NEW YORK, June 27, 2023 /PRNewswire/ — Global Aircraft… Continue reading Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive
Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy
LONDON, June 27, 2023 /PRNewswire/ — Matthew Brown, a U.S. based investor in the aviation and renewable energy spaces, has today agreed to advise James Asquith, CEO of Global Airlines, as the airline prepares to launch transatlantic services in spring 2024 and considers further aircraft acquisitions. Brown has advised significant U.S. institutions on clean energy financing.… Continue reading Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy