Zurich, August 8, 2023: Kongsberg Automotive ASA (“Kongsberg Automotive”) has published its results for the second quarter 2023. The results show an underlying solid revenue growth of 17.5% at constant currency. Loss of profitable business in China and one-time effects impacted profitability negatively. All the financial information in this press release refers to the continuing… Continue reading Kongsberg Automotive reports strong underlying revenue growth of 17.5% in Q2, profits hit by lower revenues from the Chinese car market and one-time effects
Tag: Strategy
CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
LONDON, Aug. 7, 2023 /PRNewswire/ — CentralNic Group plc (“CentralNic”, the “Group” or the “Company”) CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress… Continue reading CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
LONDON, Aug. 7, 2023 /PRNewswire/ — RateGain Travel Technologies Limited (NSE: RATEGAIN), a global provider of AI-powered SaaS solutions for the hospitality and travel industry, today announced its financial results for Q1 FY24 ending on June 30, 2023, reporting robust revenue growth and improving profitability as the companies continue to build on a record year last… Continue reading RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks
CHANGSHA, China, Aug. 6, 2023 /PRNewswire/ — SANY Engineering Vehicles Business Division, (“SANY Engineering Vehicles”) a department of SANY Group (“SANY”) focusing on the production of new energy vehicles, has unveiled its entire range of new products, injecting fresh energy into the new energy dump truck sector. The upgraded models aim to provide more intelligent… Continue reading SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks
California-based Birdstop Raises Funding to Expand Network of BVLOS Drones Across America and Protect Critical Infrastructure
Top FAA approvals to fly drones BVLOS without Visual Observers using Low Altitude Airspace Intelligence System New R&D Facility Set To Open in Alabama SAN FRANCISCO, Aug. 8, 2023 /PRNewswire/ — Remote sensing company Birdstop, Inc. raised $2.3M in funding to expand its constellation of BVLOS (Beyond Visual Line of Sight) drones across the nation’s… Continue reading California-based Birdstop Raises Funding to Expand Network of BVLOS Drones Across America and Protect Critical Infrastructure
Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
The Project Provides Residents on Yas and Saadiyat Islands with 8 Robotaxis and 4 Minibuses, Serving Over 5,000 Registered Users and Fulfilling 17,000 Orders ABU DHABI, UAE, Aug. 8, 2023 /PRNewswire/ — In line with the vision of the wise leadership to make Abu Dhabi’s cities smarter and more sustainable, the Integrated Transport Centre (ITC) of the Abu… Continue reading Abu Dhabi’s Department of Municipalities and Transport Accelerates Smart Transport Project, Paving the Way for a Sustainable and Eco-Friendly Future
TransDigm Group Reports Fiscal 2023 Third Quarter Results
CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results
Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
DUBAI, UAE, Aug. 8, 2023 /PRNewswire/ — Beond, the world’s first premium leisure airline, is pleased to announce the successful completion of over US$17M Seed Round from a group of esteemed investors. The round was oversubscribed, reflecting the strong confidence and belief in Beond’s vision and potential. Participants included family offices, angel investors, and strategic… Continue reading Beond Holding Successfully Closes Over US$17M Seed Round to Establish World’s First Premium Leisure Airline
America’s Critical Infrastructure and Shift to Clean Energy a Matter of National Security?
How Local Inverter-Based Resource Development Has Become More Critical Than Ever. MIAMI, Aug. 8, 2023 /PRNewswire/ — At the heart of America’s rapid transition toward renewable energy lie two unassuming heroes: High Power Converters and Inverters – and one U.S.-based expert in the field, AmePower, has been a driving force behind this technology. These critical… Continue reading America’s Critical Infrastructure and Shift to Clean Energy a Matter of National Security?
Hyundai and Kia target sales of 873,000 units in India in CY2023
In what is a reflection of India’s growing stature in the global scheme of things for the Hyundai Motor Group, Hyundai Motor Group Executive Chairman Euisun Chung visited India on August 7-8 to review the Korean automaker’s strategy which lays the foundation for its future growth in the Indian market. India, which is one of… Continue reading Hyundai and Kia target sales of 873,000 units in India in CY2023