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Fuel Management Systems Global Market is Projected to Reach $892.7 Million by 2030: Growing Popularity of Energy Audits in the Transportation Industry Magnifies the Importance of Fuel Management

DUBLIN, June 20, 2023 /PRNewswire/ — The “Fuel Management Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Fuel Management Systems estimated at US$587.3 Million in the year 2022, is projected to reach a revised size of US$892.7 Million by 2030, growing at a CAGR of 5.4% over the… Continue reading Fuel Management Systems Global Market is Projected to Reach $892.7 Million by 2030: Growing Popularity of Energy Audits in the Transportation Industry Magnifies the Importance of Fuel Management

Saudi Arabia’s strategic plans to safeguard food security for pilgrims

MECCA, Saudi Arabia, June 19, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims

Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

Major aerospace supplier will scale its rate-enabling manufacturing processes for Advanced Air Mobility industry PARIS, June 19, 2023 /PRNewswire/ — Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements… Continue reading Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

Elbit Systems Appoints New Independent Director

HAIFA, Israel, June 20, 2023 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that pursuant to Article 23(d) of its Articles of Association, the Company’s board of directors resolved to appoint Mr. Ehud (Udi) Adam as a member of the board, effective as of June 25, 2023, and until… Continue reading Elbit Systems Appoints New Independent Director

US pension fund CalSTRS shortlists 19 candidates for China stock portfolio

The California State Teachers’ Retirement System (CalSTRS), the second-largest U.S. pension fund, said on Tuesday it had shortlisted 19 fund managers for its China stock portfolio. “We have identified 19 managers for our China public equity pool. Placement in this pool does not guarantee a manager will receive an allocation,” the firm said a statement… Continue reading US pension fund CalSTRS shortlists 19 candidates for China stock portfolio

Eddie Wu to succeed Daniel Zhang as Alibaba Group CEO in major executive reshuffle

Alibaba Group on Tuesday said Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer in the Chinese e-commerce giant’s biggest executive reshuffle since its restructuring. Zhang will shift to focus on cloud intelligence, Alibaba said. Zhang has since December been concurrently serving as group CEO and… Continue reading Eddie Wu to succeed Daniel Zhang as Alibaba Group CEO in major executive reshuffle

Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Initial technology integration includes a T-50… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

RED 6 SIGNS STRATEGIC AGREEMENT WITH RAF AND NSSIF FOR AUGMENTED REALITY TECHNOLOGY

U.K.’s Royal Air Force and National Security Strategic Investment Fund look to U.S. based Company Red 6 to Advance Airborne Synthetic Training Ecosystem ORLANDO, Fla., June 20, 2023 /PRNewswire/ — Red 6, a revolutionary Augmented Reality (AR) technology firm at the forefront of synthetic air combat training and augmented reality applications, is proud to announce… Continue reading RED 6 SIGNS STRATEGIC AGREEMENT WITH RAF AND NSSIF FOR AUGMENTED REALITY TECHNOLOGY

Eviation Announces Order from Aerolease for up to 50 Alice All-Electric Commuter Aircraft

Eviation signs letter of intent with Aerolease, a U.S.-based leasing company focused on sustainable aviation Under the deal announced at the 2023 Paris Air Show, Aerolease orders up to 50 Alice electric aircraft Orders for Alice now valued over US$ 4 billion PARIS, June 20, 2023 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft,… Continue reading Eviation Announces Order from Aerolease for up to 50 Alice All-Electric Commuter Aircraft