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
Tag: Strategy
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
BEST Inc. Announces Unaudited Second Quarter 2023 Financial Results
HANGZHOU, China, Aug. 23, 2023 /PRNewswire/ — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia (“SEA”), today announced its unaudited financial results for the second quarter ended June 30, 2023. Johnny Chou, Founder, Chairman and CEO of BEST, commented, “We… Continue reading BEST Inc. Announces Unaudited Second Quarter 2023 Financial Results
Tesla Gigafactory Berlin production has been dipping, report says
A new report claims that Tesla Gigafactory Berlin production has been dipping under the 5,000 units per week that the automaker reported earlier this year. When Tesla launched Model Y production at Giga Berlin, the goal was to ramp things up to 5,000 units per week. The goal was achieved in March 2023, based on… Continue reading Tesla Gigafactory Berlin production has been dipping, report says
GM to shutter IT operation in Arizona, affecting 940 salaried employees
General Motors Co. is shuttering an IT center in Arizona, affecting approximately 940 salaried employees there, the Detroit automaker said Wednesday. GM spokesperson Kevin Kelly said that in evaluating the company’s IT footprint, which includes three other facilities in the United States, the Arizona center was deemed redundant. “As part of GM’s continued transformation, and… Continue reading GM to shutter IT operation in Arizona, affecting 940 salaried employees
@VW Group: Water Power — The Source of Success007684
A mountain river known as the Gutach winds its powerful way through the picturesque town of Hornberg. Around 5,000 people live in this municipality in the central Black Forest region of southern Germany, a popular destination for vacationers. The source of the Gutach is a mere 12-mile hike away. Its turbulent path crosses the factory… Continue reading @VW Group: Water Power — The Source of Success007684
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™
The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs
LONDON, Aug. 23, 2023 /PRNewswire/ — China’s world-leading Electric Vehicle (EV) industry is pushing into Europe. According to a new report from global technology intelligence firm ABI Research, in 2030, 1.2 million Chinese-made Battery Electric Vehicles (BEVs) will be imported by the European Union (EU), making up 12% of the bloc’s BEV sales. Chinese brands… Continue reading The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs
WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China
WIN SOURCE scores historic rise to No. 18 in SourceToday’s Global Top 50 Electronics Distributors List SHANGHAI, Aug. 23, 2023 /PRNewswire/ — On the second day of 2023 Electronica China, WIN SOURCE reached a significant vendor achievement on the 2023 Global Top 50 Electronics Distributors list, earning the number 18 position on the list. Continue… Continue reading WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China