HCI Equity Partners Announces Investment in Curtis Metal Finishing Group by Primat Group

STERLING HEIGHTS, Mich., May 23, 2023 /PRNewswire/ — HCI Equity Partners, a leading lower middle-market private equity firm, today announced Primat Group (“Primat”) has made a controlling investment in its portfolio company Curtis Metal Finishing Group (“Curtis” or the “Company”).  Curtis, based in Sterling Heights, Michigan, is a provider of engineered protective coating, pre-treatment, heat… Continue reading HCI Equity Partners Announces Investment in Curtis Metal Finishing Group by Primat Group

Evolution Space Participates in First Commercial Launch from U.S. Territorial Waters

STENNIS SPACE CENTER, Miss., May 23, 2023 /PRNewswire/ — Evolution Space, a Mojave, Calif-based solid propulsion and launch provider, announced today their involvement as the propulsion provider for the first ever commercial rocket launch from U.S. territorial waters, conducted by The Spaceport Company. The offshore launch was completed on May 22nd, 2023, in the Gulf… Continue reading Evolution Space Participates in First Commercial Launch from U.S. Territorial Waters

Continental Integrates Imagery’s Autonomous Driving Technology to Support Automated Parking for Mass Market Passenger Cars

Solution automates parking spot exploration Once a suitable parking spot has been identified by the system the vehicle will park autonomously, using Continental’s and Imagery’s technology Function designed for use in both covered parking garages and uncovered parking lots Integration complements the new industry concept of the “Software Defined Vehicle” (SD) in which specialty applications… Continue reading Continental Integrates Imagery’s Autonomous Driving Technology to Support Automated Parking for Mass Market Passenger Cars

Iridium Adds to Constellation Resilience with Launch of Spare Satellites

MCLEAN, Va., May 20, 2023 /PRNewswire/ — Iridium Communications Inc. (NASDAQ: IRDM) announced today a key milestone in its long-term constellation resilience and redundancy planning, with the successful launch and deployment of five spare satellites.  This launch brings the total number of spare Iridium® satellites on orbit to 14.  In total, 81 next-generation Iridium satellites… Continue reading Iridium Adds to Constellation Resilience with Launch of Spare Satellites

Savory and Partners: Investors have a last chance to secure Portugal’s Golden Visa before July 1st

DUBAI, UAE, May 20, 2023 /PRNewswire/ — Earlier this year, Portugal’s Prime Minister, António Costa, announced new measures regarding Portugal’s golden visa, keeping submissions of applications open until July 1st, 2023.  Since its launch in 2012, over 10,000 investors (and over 17,000 of their family members) have obtained Portuguese residency through the golden visa, making it… Continue reading Savory and Partners: Investors have a last chance to secure Portugal’s Golden Visa before July 1st

Global Space Carbon Fiber Composite Market to Reach $1.67 Billion by 2033 – Exclusive DeepTech M-A-P™ Analysis by BIS Research

The study projects the market to grow at an influential CAGR of 14.10% between 2023-2033 FREMONT, Calif., May 19, 2023 /PRNewswire/ — BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Space Carbon Fiber Composite Market – A Global and Regional Analysis. According to this study, the global… Continue reading Global Space Carbon Fiber Composite Market to Reach $1.67 Billion by 2033 – Exclusive DeepTech M-A-P™ Analysis by BIS Research

Autoliv and NIO to develop safety technology for future electric vehicles

SHANGHAI, May 19, 2023 /PRNewswire/ — Autoliv China, a subsidiary of the worldwide leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), and NIO Inc., a leading electric vehicle company based in China, have signed a strategic cooperation framework agreement. The collaboration includes several new safety technologies for electric vehicles with an overarching… Continue reading Autoliv and NIO to develop safety technology for future electric vehicles

Electric Bus Market worth $678.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, May 23, 2023 /PRNewswire/ — Electric Bus Market is projected to grow at a CAGR of 41.7% during the forecast period, from an estimated market size of USD 58.9 billion in 2023 to USD 678.3 billion by 2030, according to a new report by MarketsandMarkets™. Rising GHG emissions and the increasing need for sustainable mobility… Continue reading Electric Bus Market worth $678.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

Averna Expands Global Footprint into Germany with the Acquisition of ProNES

ProNES brings specialized battery test and quality expertise to Averna. MONTREAL, May 23, 2023 /PRNewswire/ — Averna, the leading global Test & Quality Solutions provider, announced today they have acquired the German company ProNES Automation GmbH. ProNES has been helping manufacturers efficiently produce better products for over 20 years. In this time, they have developed… Continue reading Averna Expands Global Footprint into Germany with the Acquisition of ProNES

Euro 7’s direct costs 4 to 10 times higher than EU estimates: new study

The Euro 7 proposal on pollutant emissions would lead to direct cost increases that are 4 to 10 times higher than those cited by the European Commission, according to a new study. The proposed Euro 7 regulation will increase the manufacturing costs of cars, vans, trucks, and buses. A study by Frontier Economics, ‘Regulatory costs of… Continue reading Euro 7’s direct costs 4 to 10 times higher than EU estimates: new study