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
Tag: Strategy
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
Successful Global Acquisition: Global New Material International & CQV
HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV
QUANTRON reports successful first seven months with international expansion as part of its globalization strategy
Quantron AG reports cumulative order intake of 20 million Euro for the first seven months of the year Order backlog and customer approved funding requests cumulatively exceed 100 million Euro QUANTRON expands with the foundation of Quantron Italy S.r.l. and now has partners and affiliate offices in eight countries in Europe, Middle East, India & USA QUANTRON and… Continue reading QUANTRON reports successful first seven months with international expansion as part of its globalization strategy
Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia
GUANGZHOU, China, Aug. 24, 2023 /PRNewswire/ — GAC MOTOR is firing on all cylinders in the Middle East, rapidly expanding their product matrix in the region with a double release of award-winning models in Saudi Arabia. On August 16 at the Crowne Plaza RDC Riyadh, an invitational launch party celebrated the Saudi Arabia release of… Continue reading EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia
US Joint All Domain Command and Control (JADC2) Market worth $8.6 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 23, 2023 /PRNewswire/ — The US JADC2 Market is estimated to be USD 1.2 billion in 2023 and is projected to reach USD 8.6 billion by 2030, at a CAGR of 31.7 % during the forecast period according to a new report by MarketsandMarkets™. The Joint All Domain Command and Control (JADC2) market… Continue reading US Joint All Domain Command and Control (JADC2) Market worth $8.6 billion by 2030 – Exclusive Report by MarketsandMarkets™
SMEV appoints R K Misra as new president for 2023-24
Misra, a serial entrepreneur, founded and exited Tenet Technologies (Sold to Hughes) and Traveljini.com (sold to ICICI Ventures). New Delhi: The Society of Manufacturers of Electric Vehicles (SMEV), the apex body of the Indian Electric Vehicle industry, has appointed R K Misra, co-founder of Yulu Bikes, and director at Magna Yuma, a battery-as-a-service platform established… Continue reading SMEV appoints R K Misra as new president for 2023-24
EV companies seek to hire senior executives from legacy auto firms
Data from executive search firm Native on talent migration of senior professionals in the last 12-24 months show that about 45% of the senior moves into the EV space are from large automobile companies. Electric Vehicles (EV) and associated companies are going all out to attract senior executives from legacy automobile firms as significant talent… Continue reading EV companies seek to hire senior executives from legacy auto firms
Continental launches its first 5G network equipped plant in Europe
Continental plans to integrate more than 1,000 devices and sensors into the network at its plant in Brandýs. Covering an area of 5,000 square meters, eight network access points provide the signal for the private 5G network. Technology Company Continental has launched its first private 5G network among its European manufacturing sites at its display… Continue reading Continental launches its first 5G network equipped plant in Europe