JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece

Autoliv Announces Results of 2023 Annual Stockholders Meeting

STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting

ZKW and REHAU Automotive enter into cooperation to develop intelligent vehicle fronts

Close cooperation to integrate lighting systems into vehicle attachments. WIESELBURG, Austria, May 15, 2023 /PRNewswire/ — Automotive lighting system specialist ZKW and REHAU Automotive, plastics specialist and automotive supplier, have decided to jointly drive forward the integration of modern lighting systems in vehicle fronts. In the future, “intelligent vehicle fronts” and possible series products are… Continue reading ZKW and REHAU Automotive enter into cooperation to develop intelligent vehicle fronts

Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat

Student-concepted vessel explores the ocean as new habitable space amidst climate change and rising sea levels HÖHENWEG, Switzerland, May 15, 2023 /PRNewswire/ — Pioneering Swiss boarding school Institut auf dem Rosenberg (Rosenberg) today unveiled its groundbreaking design for ‘Blue Nomad,’ a self-sufficient solar floating habitat. Blue Nomad was conceived by students in collaboration with SAGA Space… Continue reading Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat

Alstom awards INR 1.5 cr grant to 10 startups for developing green mobility solutions

NSRCEL x ALSTOM New Delhi: As a part of its Sustainability Incubation Program, Alstom India on Monday awarded a grant of INR 1.5 crore to 10 startups that developed solutions in the areas of clean energy, shared mobility and multi modal solutions. Accelerated by NSRCEL-IIMB (NS Raghavan Centre for Entrepreneurial Learning), the selected startups will… Continue reading Alstom awards INR 1.5 cr grant to 10 startups for developing green mobility solutions

Ashok Leyland’s CIO sees GPT revolutionising the automotive sector

Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland’s CIO sees GPT revolutionising the automotive sector

@BMW: Process heat – powered by electricity: CO2 reduction through power-to-heat technology.002714

Dingolfing. For the first time, chassis and drive component production in Plant 02.10 at the BMW Group site in Dingolfing is operating an electrically heated ring hearth furnace. Compared with its conventional gas-powered equivalent, the latest electric furnace currently saves some 300 tonnes of CO2 a year. “The new furnace has a planned service life… Continue reading @BMW: Process heat – powered by electricity: CO2 reduction through power-to-heat technology.002714

Freedom Motors Announces its 5-Stroke Rotapower® engine

DIXON, Calif., May 15, 2023 /PRNewswire/ — Freedom Motors (FM) is excited to announce the breakthrough development of its 5-Stroke Rotapower® engine that was achieved by compounding its successful 4-stroke version. Compounding involves using exhaust energy to supercharge the intake charge while concurrently extracting mechanical energy directly from the exhaust through a fifth stroke (second… Continue reading Freedom Motors Announces its 5-Stroke Rotapower® engine

Summit Agricultural Group Announces the Creation of Summit Next Gen to Develop the World’s Largest Ethanol to Jet Sustainable Aviation Fuel Facility

The facility, to be located in the U.S. Gulf Coast region, will utilize Honeywell’s leading Ethanol to Jet (ETJ) process technology to transform low-carbon ethanol into sustainable aviation fuel (SAF) The innovative project will produce over 250 million gallons of sustainable aviation fuel per year and is expected to be operational in 2025 ALDEN, Iowa… Continue reading Summit Agricultural Group Announces the Creation of Summit Next Gen to Develop the World’s Largest Ethanol to Jet Sustainable Aviation Fuel Facility

TRIUMPH AWARDED MULTI YEAR CONTRACT FROM ITP AERO

RADNOR, Pa., May 15, 2023 /PRNewswire/ — Triumph Group, Inc. (TRIUMPH) (NYSE: TGI) today announced that its Product Support business in Grand Prairie, Texas has been awarded a multi-year contract with ITP Aero, a tier one engine Original Equipment Manufacturer (OEM), to provide Maintenance, Repair and Overhaul (MRO) support on accessory components including propeller gearboxes, hydromechanical… Continue reading TRIUMPH AWARDED MULTI YEAR CONTRACT FROM ITP AERO