To Accelerate the “Infrastructure IoT” Opportunity, for Living Digital Twins!
EXTON, Pa.-Friday 30 April 2021 [ AETOS Wire ]
(BUSINESS WIRE) -- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure. sensemetrics and Vista Data Vision will expand the scope of the Bentley iTwin platform to add intrinsic IoT capabilities for infrastructure digital twins to incorporate real-time sensor data. By virtue of the resulting “infrastructure IoT” standardization, the full IoT ecosystem will finally be seamlessly accessible for IT/OT/ET integration, through infrastructure digital twins, to advance asset performance and to mitigate environmental risks.
Geotechnical engineering firms, land surveyors, and civil and structural engineering firms, and asset owner-operators in mining, transportation, and utilities apply sensemetrics and Vista Data Vision offerings for geological, geotechnical, structural, and environmental monitoring including in heavy civil construction, mines, tunnels, dams, and for water resources. sensemetrics and Vista Data Vision support interfaces to hundreds of different sensor devices and related data types, including robotic total stations, inclinometers, piezometers, strain gauges, crack meters, tilt meters, extensometers, anemometers, and for vibration data, pressure cells, temperature, solar insolation, precipitation, water quality, and air quality.
sensemetrics and Vista Data Vision are particularly complementary to Seequent, a global leader in 3D modeling software for geosciences, which Bentley recently announced its agreement to acquire, subject to regulatory approvals in New Zealand and the United States. Augmenting Seequent’s Leapfrog models with continuous monitoring of real-time sensor data, instead of waiting for updates from intermittent borehole or drillhole investigations, can advance 3D subsurface digital twins to function as 4D “living” digital twins—enabling unprecedented improvements in environmental safety and resilience.
sensemetrics
Founded in 2014 in San Diego, California, sensemetrics has continually advanced its vision to democratize IoT, and to extend its benefits across infrastructure assets, through its native cloud connectivity and edge controls platform – and its successful propagation, across device vendors, of farsighted sensor-agnostic standards. The sensemetrics platform is used extensively for real-time safety and risk monitoring in infrastructure, mining, and construction activities including to measure and visualize civil structural movement, for condition assessment, and to help detect and prevent damage.
sensemetrics’ modular design provides a flexible platform for developers to build their own applications to meet specific infrastructure IoT needs. In particular, sensemetrics’ Sensor Integration Builder uniquely enables asset owners, engineers, and risk managers to choose their own sensors – with assurance that they can be seamlessly integrated into digital twin solutions within a matter of minutes. Finally, sensemetrics’ Thread and Strand connectivity devices can optionally accelerate “plug and play” deployments for wireless sensor devices, even for “off-grid” infrastructure locations.
Vista Data Vision
Based in Reykjavik, Iceland, Vista Data Vision is a second-generation family business spun out of Vista Engineering, which pioneered remote, real-time monitoring of power, traffic, and sanitation systems. In 1991, Vista Data Vision started developing software for analyzing and managing project data, to be used in solving real-world engineering problems that required real-time or near real-time observations, and that could be configured by nontechnical users, with no software engineering required and no vendor lock-in.
Vista Data Vision is a stalwart of instrumentation projects, with unmatched experience gained over the last 30 years in bespoke applications for some of the most critical engineering use cases. Its solutions have been used in more than 2,000 projects in more than 70 countries, collecting millions of data points daily from hundreds of thousands of sensors.
Infrastructure IoT
By scalably and securely incorporating real-time sensor data, Vista Data Vision and sensemetrics increase the value of infrastructure engineering and geotechnical data to empower proactive risk management, safety, and predictive maintenance applications. Previously, traditional sensor data capture systems required specialists to implement and maintain, and were typically complex, rigid, and costly. Vista Data Vision and sensemetrics have made widespread infrastructure IoT deployments feasible by providing simple and reliable means to connect, store, and stream sensor data from a wide range of sensor devices for continuous and automated condition monitoring. The maturity and experience of Vista Data Vision in established engineering use cases to improve asset and environmental outcomes, along with their software’s configurability and ease of use, will now be complemented by the cloud-native device connectivity standardization, and platform scalability, of sensemetrics.
These capabilities will be closely integrated with the Bentley iTwin platform to enable iTwin partners and users to easily develop and deploy their own applications for seamless incorporation of data streams from hundreds of sensor types. Through the iTwin platform’s intrinsic span of technical integration, infrastructure IoT applications can now gain the benefits of the broader IoT ecosystem including data analytics and visualization through Microsoft’s Azure IoT, Siemens’ MindSphere, and/or NVIDIA’s Omniverse. The extension of the iTwin platform for infrastructure IoT substantially increases the lifecycle ROI, and the contribution to environmental resilience “handprints,” for 4D infrastructure digital twins.
The combination presents engineering firms with new “evergreen” opportunities to extend their value through continuous monitoring services and to curate, during the operations and maintenance lifecycle, the infrastructure asset digital twins which they create for capital project delivery. Examples of infrastructure IoT digital twin use cases include:
environmental groundwater monitoring to improve the water quality of catchment areas, rivers, wetlands, and groundwater systems to assure a safe level of flood protection;
dam condition monitoring for groundwater and slope stability during and after construction;
near real-time rainfall and weather monitoring to minimize adverse environmental impacts during construction;
air quality and meteorological monitoring;
instrumentation and monitoring services during the repair of the truss chord on a bridge; and
monitoring cracks in a cliff to assure safety for ongoing work at the site.
Bentley Systems CTO Keith Bentley said, “It is exciting to now be able to close the adoption gap between critical infrastructure and IoT technologies by integrating these acquisitions through our iTwin platform to enable living digital twins. We are very pleased to welcome our new colleagues who (from Vista Data Vision) originated and have proven the potential of infrastructure IoT, and who (from sensemetrics) have propagated the standardized cloud platform to now institutionalize it. They have all led the way, and the learning curve, towards this ultimate convergence of ET, OT, and IT, advancing infrastructure engineering and the environment for everyone.”
“We are thrilled to join the Bentley family and look forward to expanding the scope and reach of infrastructure instrumentation projects throughout the world,” said Thorarinn Andresson, CEO of Vista Data Vision. “Combining the capabilities of Vista Data Vision with sensemetrics, through the Bentley iTwin platform, will greatly accelerate our collective users’ benefits from infrastructure digital twins.”
“Combining our technology strengths with Vista Data Vision, and within Bentley Systems as the infrastructure engineering software company, brings closer our goal to effortlessly connect decision makers with condition monitoring data and insights that are critical to the safe and efficient operation of their assets,” said Cory Baldwin, CEO of sensemetrics. “The synergies enabled by extending infrastructure digital twins through infrastructure IoT are compelling, and we are excited to play a pivotal role in this advancement.”
Together, sensemetrics and Vista Data Vision will add approximately 40 colleagues to Bentley Systems. Their combined annualized revenues and profitability are not material to, and are not expected to meaningfully impact, the BSY financial outlook for 2021.
Image 1: sensemetrics
Caption: sensemetrics connectivity and cloud management solutions for distributed sensor networks.
Image 2: Vista Data Vision
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries. www.bentley.com
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding: the planned acquisitions of sensemetrics and Seequent, the integration and further development of the technology and products owned and offered by sensemetrics, Vista Data Vision, and Seequent, and the products, services and business relationships of each such company.
Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements are based on Bentley Systems management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future events and are not statements of fact, actual results may differ materially from those projected. Factors that could cause actual results to differ materially include the following: Bentley’s ability to successfully integrate or operate the acquired businesses; changes in Bentley’s and the acquired businesses’ customer base and the industries in which such customers operate, as well as such customers’ adoption of new and changing technologies; the competitive environment in which Bentley and the acquired businesses operate; competitive responses to the acquisitions; the unanticipated impact of accounting for acquisitions; and the ability to satisfy the conditions to the completion of the acquisition of sensemetrics on the anticipated schedule, or at all.
Further information on factors which may cause actual results to differ materially from current expectations include, but are not limited, those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and the Company’s subsequent filings with the SEC.
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, ProjectWise, and Vista Data Vision are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. sensemetrics is a registered trademark of sensemetrics, Inc. All other brands and product names are trademarks of their respective owners.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210429006193/en/
Contacts
Press Contact:
Christine Byrne
+1 203 805 0432
Christine.Byrne@bentley.com
Follow us on Twitter:
@BentleySystems
Permalink : https://www.aetoswire.com/news/bentley-systems-announces-acquisitions-ofnbspsensemetricsnbspandnbspvista-data-vision-leaders-respectively-in-software-for-infrastructure-instrumentation-and-sensor-management/en
Saturday, May 1, 2021
Bentley Systems Announces Acquisitions of sensemetrics and Vista Data Vision, Leaders Respectively in Software for Infrastructure Instrumentation and Sensor Management
Jamaica Attracts Diverse Jobs in the Outsourcing Sector
KINGSTON, Jamaica-Saturday 1 May 2021 [ AETOS Wire ]
(BUSINESS WIRE)-- Global outsourcing powerhouse, ibex, is increasing the diversity of jobs within Jamaica’s global digital services industry through an expansion of its current workforce of two thousand employees. The company provides customer support in sectors that include retail, finance, healthcare, and telecommunications, and it now offers a broad spectrum of business services from its Jamaican service centres.
With a client list heavily concentrated in the US, Europe, and Asia, ibex identified Jamaica as the perfect place for rapid expansion due to the island’s location and high-quality talent.
“ibex has experienced incredible growth in Jamaica - in the last three years we’ve grown 397%,” Country Director Jaime Vergara revealed. “We have gone from ranking as the 17th outsourcing company on the island for number of employees to number one, and ibex has been recognized for not only our growth, but for our performance, by organisations like Frost & Sullivan, a leading industry analyst group, and as Nexus Nearshore BPO of the Year in 2019 by Nearshore Americas.”
The high-calibre staff ibex has attracted has cleared the way for it to bring more business to Jamaica’s outsourcing industry and it now offers Knowledge Process Outsourcing (KPO) services from the island’s service centres. KPO is the outsourcing of information-related business activities such as accounting outsourcing, human resources (HR) outsourcing, digital marketing and management consultancy. Legal, medical and other healthcare analyses are additional examples of KPO.
As the world further relies on BPO and KPO during the COVID-19 pandemic, it is predicted that more business services will be digitised during and after the crisis. This and other factors will increase the demand for outsourcing, creating the environment for ibex to safely execute its growth plans both in Jamaica, and globally.
“We plan on prolonging our unprecedented growth and we hope to reach 10,000 employees in Jamaica over the next few years,” Vergara disclosed.
With the specialised skills needed for KPO, Vergara said Jamaica was the perfect location for ibex to offer these services. “Jamaica offers a talented and educated labour pool which is what has made us attractive to our clients, particularly in the financial services sector,” he said. “Through programs like the GSSP (Global Services Sector Project), the employees we hire are on a career path and are looking for companies to join where they can be successful. They are eager to work with their customers in their specialised area.”
Vergara also expressed appreciation for private and public sector partnerships including entities such as the Office of the Prime Minister, the Jamaica Special Economic Zone Authority (JSEZA) and the Jamaica Promotions Corporation (JAMPRO) among others.
JAMPRO, for example, has supported ibex as an investment facilitation partner, beginning with the launch of the first service centre in Portmore. The company now has five service centres across Jamaica.
ibex believes that its advancement into KPO has led to increased customer confidence, displaying the company’s adaptation to the needs of today’s clients. The company looks forward to more expansion in Jamaica.
ABOUT JAMPRO
The Jamaica Promotions Corporation (JAMPRO)’s mission is to drive economic development through growth in investment and export. JAMPRO is an Agency of the Ministry of Industry, Investment, and Commerce.
For more information on JAMPRO, please visit https://dobusinessjamaica.com/.
Follow us on:
View source version on businesswire.com: https://www.businesswire.com/news/home/20210430005093/en/
Contacts
Integrated Marketing Communications
Tamica Parchment
tparchment@jamprocorp.com
Tele: 876-978-7755
Permalink : https://www.aetoswire.com/news/jamaica-attracts-diverse-jobs-in-the-outsourcing-sector/en
Eagle Eye Networks Continues Global Expansion, Announces Record Q1 Revenue
Company Accelerates Global Expansion and Artificial Intelligence Investment for its Cloud Video Surveillance Platform
AUSTIN, Texas-Friday 30 April 2021 [ AETOS Wire ]
(BUSINESS WIRE) -- Eagle Eye Networks, the global leader in cloud video surveillance, today announced record Q1 2021 revenue growth, and greater than 85 percent year-over-year revenue growth in 2020. The company’s growth is fueling an expanded presence around the world, a new manufacturing facility near its Austin headquarters, as well as a near doubling of its team to meet the growing demand for true cloud video surveillance. Eagle Eye is leveraging artificial intelligence (AI) on its true cloud platform to improve safety, security, operations, and customer service for businesses around the world.
“We have passed the tipping point in the video surveillance industry's adoption of cloud video, as businesses of all types and sizes have realized the advantages of a true cloud solution,” said Dean Drako, Founder and CEO of Eagle Eye Networks. “Resellers, business owners, and IT professionals understand Eagle Eye Networks smart cloud video surveillance, with appropriate privacy and cybersecurity protections, is making businesses more efficient and effective, and communities much safer.”
In addition to record revenue and growth in 2020 and Q1 2021, the company announced funding from venture capital firm Accel in Q4 2020, spurring additional investment in people, products, and the technology needed to transform the video surveillance industry.
Highlights include:
Secured a record number of new customers
Earned nearly 100 percent customer retention
Achieved customer support ratings higher than 95 percent
Onboarded a record number of resellers to the Eagle Eye Networks Reseller Partner Program
Expanded to a new manufacturing facility in the U.S.
Achieved integration with more than 10,000 camera makes and models
Delivered more choice to customers by adding more than two dozen AI technology integrations to our open platform and increasing platform partners by 50 percent year-over-year
Hired developers, engineers, customer service, and sales and marketing professionals across the globe
ABOUT EAGLE EYE NETWORKS
Founded in 2012, Eagle Eye Networks, Inc., is number one in cloud video surveillance worldwide, addressing the needs of businesses, alarm companies, security integrators, cities, and individuals. Eagle Eye’s 100 percent cloud managed solutions provide cloud and on-premise recording, bank-level security and encryption, and broad analog and digital camera support – all accessed via the web or mobile applications. Businesses of all sizes and types utilize Eagle Eye solutions for operational optimization and security. All Eagle Eye products benefit from Eagle Eye’s developer friendly RESTful API platform and Big Data Video Framework ™, which allow for indexing, search, retrieval, and analysis of live and archived video. Eagle Eye’s open Video API has been widely adopted for integration in alarm monitoring, third party analytics, security dashboards, and point of sale system integrations.
Eagle Eye sells its products through authorized global resellers and installation partners. Headquartered in Austin, Texas, USA, Eagle Eye has offices in Europe and Asia-Pacific. For more information, please visit www.een.com or call +1-512-473-0500 (US), +31 (0) 20 26 10 460 (EMEA) or +81-3-6868-5527 (JP).
View source version on businesswire.com: https://www.businesswire.com/news/home/20210429005397/en/
Contacts
GLOBAL HQ
Martha Entwistle
mentwistle@een.com
+1-512-473-0500
PIERPOINT ON BEHALF OF EAGLE EYE NETWORKS
Christine Rashman
crashman@piercom.com
+1-281-433-5067
Permalink : https://www.aetoswire.com/news/eagle-eye-networks-continues-global-expansion-announces-record-q1-revenue/en
VFMCRP announces positive results of phase-III clinical trial of Velphoro® in China
• Met primary efficacy endpoint of non-inferiority versus sevelamer carbonate
• Velphoro® effective in lowering and maintaining serum phosphorus level
• Safety profile of Velphoro® confirmed
• Submission to the Chinese Center for Drug Evaluation (CDE) anticipated for the end of 2021
ST. GALLEN, Switzerland-Friday 30 April 2021 [ AETOS Wire ]
(BUSINESS WIRE) -- Regulatory News:
Vifor Fresenius Medical Care Renal Pharma (VFMCRP) today announced positive results from a phase-III study in China (PA-CL-CHINA-01), evaluating the efficacy of Velphoro® (PA21) compared to sevelamer carbonate in lowering and maintaining serum phosphorus in adult Chinese patients with chronic kidney disease (CKD) on dialysis after 12 weeks of treatment. The study met its primary endpoint demonstrating non-inferiority versus sevelamer carbonate in the change from baseline in serum phosphorus levels at week 12.
Dr. Klaus Henning Jensen, Chief Medical Officer of Vifor Pharma Group commented, “We are delighted by the positive results from the PA-CL-CHINA-01 study, which confirm previous data generated in the US and Europe, and reinforce the potential of Velphoro® as an important new treatment option for dialysis patients with hyperphosphatemia in China where there is a high prevalence of CKD1. This is another important step in our geographic expansion and will further strengthen the position of Velphoro® as a global leader in the calcium-free phosphate binder market2.”
Importantly, patients who received Velphoro® experienced additional benefits compared to those in the sevelamer control group: Serum phosphorus levels in patients treated with Velphoro® declined faster than in the sevelamer group and the average number of tablets taken daily (3.23) was significantly lower than with sevelamer carbonate (6.31). Safety results were consistent with the known safety profile of Velphoro® with no new safety signal observed in Chinese CKD patients with hyperphosphataemia.
VFMCRP intends to submit the Chinese New Drug Application to the National Medical Products Administration’s CDE at the end of 2021.
About the PA-CL-CHINA-01 study
This phase-III study was designed to demonstrate non-inferiority of the change from baseline at week 12 in serum phosphorus between PA21 (Velphoro®) and sevelamer carbonate, and support market expansion of Velphoro® to China. PA-CL-CHINA-01 was an open-label, active-controlled, parallel group, multicenter study with a total of 286 patients randomized: 142 in the Velphoro® arm and 144 in the sevelamer arm. No major protocol deviation related to COVID-19 were reported and no patients were excluded from the Per Protocol Set (PPS) due to COVID-19.
About Velphoro®
Velphoro® is a non-calcium, iron-based, chewable phosphate binder approved for the control of phosphate levels in the blood of adults with CKD on dialysis. Velphoro® has been launched in over 30 countries, with more than 100,000 patients estimated to use the drug on a yearly basis. In 2020, Velphoro® became a global leader by value in the calcium-free phosphate binder market2.
References:
1 Zhang et al. Lancet. 2012 Mar 3;379(9818):815-22; Guo et al. Int J Environ Res Public Health 2016; 13: E770; Guo et al. Curr Cardiol Rev. 2013 May; 9(2): 112–122.
2 Monthly IQVIA MIDAS panel, INSIGHT Health & DN, GERS, DLI, Farminform | 03.2020.
Vifor Pharma Group is a global pharmaceuticals company. It aims to become the global leader in iron deficiency, nephrology and cardio-renal therapies. The company is a partner of choice for pharmaceuticals and innovative patient-focused solutions. Vifor Pharma Group strives to help patients around the world with severe and chronic diseases lead better, healthier lives. The company develops, manufactures and markets pharmaceutical products for precision patient care. Vifor Pharma Group holds a leading position in all its core business activities and consists of the following companies: Vifor Pharma and Vifor Fresenius Medical Care Renal Pharma (a joint company with Fresenius Medical Care). Vifor Pharma Group is headquartered in Switzerland, and listed on the Swiss Stock Exchange (SIX Swiss Exchange, VIFN, ISIN: CH0364749348).
For more information, please visit viforpharma.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210429005950/en/
Contacts
Media Relations
Nathalie Ponnier
Global Head Corporate Communications
+41 79 957 96 73
media@viforpharma.com
Investor Relations
Julien Vignot
Head of Investor Relations
+41 58 851 66 90
investors@viforpharma.com
Permalink : https://www.aetoswire.com/news/vfmcrp-announces-positive-results-of-phase-iii-clinical-trial-of-velphororegnbspin-china/en
Faraday Future Selects Velodyne as Exclusive Lidar Supplier for Flagship FF 91 Luxury Electric Vehicle
Utilizing Velodyne Sensors, Faraday Future Will Bring Advanced Safety and ADAS to FF 91
SAN JOSE, Calif.-Friday 30 April 2021 [ AETOS Wire ]
(BUSINESS WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced it has been selected by Faraday Future (FF) as the exclusive supplier of lidar for Faraday’s flagship FF 91 all-electric vehicle (EV). Velodyne’s solid state Velarray H800 lidar sensors will power the FF 91’s autonomous driving system that aims to deliver a comprehensive suite of highway, urban and parking autonomy features.
The ultimate-intelligent, tech-luxury FF 91 will deliver a unique electric mobility experience which combines extreme technology, ultimate user-experience and a holistic ecosystem. FF 91 is planned to be launched within 12 months of the closing of the recently announced merger with Property Solutions Acquisition Corp. (PSAC) (NASDAQ: PSAC), a special purpose acquisition company (SPAC).
“Velodyne is a well-known industry leader in performance, reliability and price in lidar solutions,” said Carsten Breitfeld, CEO, Faraday Future. “We are embracing the latest technologies – including Velodyne’s Velarray H800 – to develop driver assistance features that help us deliver new levels of safety, driver comfort and convenience. The sensor supports safe navigation and collision avoidance, incorporated in the current vehicle architecture in a way that allows the FF 91 to maintain its future-forward design.”
“Velodyne and Faraday Future are both committed to redefining the mobility experience through greater vehicle autonomy and safety,” said Anand Gopalan, CEO, Velodyne Lidar. “Velodyne and Faraday Future tech teams have maintained great synergy for many years. Our close relationship led Velodyne to become a direct supplier to Faraday Future and help them bring their next-generation mobility vision to reality on roadways worldwide.”
Velarray H800 is a solid state lidar sensor architected for automotive grade performance and built using Velodyne’s breakthrough proprietary micro-lidar array architecture (MLA). The sensor’s compact, embeddable form factor allows for the sensor to be seamlessly situated behind the vehicle’s windshield for streamlined, flawless integration. With combined long-range perception and a broad field of view, the Velarray H800 is designed for safe navigation and collision avoidance in ADAS and autonomous mobility applications.
About Velodyne Lidar
Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors. Velodyne is the first public pure-play lidar company and is known worldwide for its broad portfolio of breakthrough lidar technologies. Velodyne’s revolutionary sensor and software solutions provide flexibility, quality and performance to meet the needs of a wide range of industries, including autonomous vehicles, advanced driver assistance systems (ADAS), robotics, unmanned aerial vehicles (UAV), smart cities and security. Through continuous innovation, Velodyne strives to transform lives and communities by advancing safer mobility for all.
Follow Velodyne Lidar:
https://velodynelidar.com/
https://twitter.com/VelodyneLidar
https://www.facebook.com/VelodyneLidar
https://www.instagram.com/velodynelidar/
https://www.linkedin.com/company/velodyne-lidar/
About Faraday Future
Established in May 2014, Faraday Future (FF) is a global shared intelligent mobility ecosystem company, headquartered in Los Angeles, California. FF's vision is to create a shared intelligent mobility ecosystem that empowers everyone to move, connect, breathe, and live freely. FF aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet and new usership models. With the FF 91, FF has envisioned a vehicle that redefines transportation, mobility, and connectivity, creating a true “third Internet living space,” complementing users’ home and smartphone Internet experience.
Follow Faraday Future:
https://www.ff.com/
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
https://www.linkedin.com/company/faradayfuture
Forward Looking Statements
This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 including, without limitation, all statements other than historical fact and include, without limitation, statements regarding Velodyne’s target markets, new products, development efforts, competition. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," “can,” "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Velodyne's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the uncertain impact of the COVID-19 pandemic on Velodyne's and its customers' businesses; Velodyne's ability to manage growth; Velodyne's ability to execute its business plan; uncertainties related to the ability of Velodyne's customers to commercialize their products and the ultimate market acceptance of these products; uncertainties regarding government regulation and adoption of lidar; the rate and degree of market acceptance of Velodyne's products; the success of other competing lidar and sensor-related products and services that exist or may become available; uncertainties related to Velodyne's current litigation and potential litigation involving Velodyne or the validity or enforceability of Velodyne's intellectual property; and general economic and market conditions impacting demand for Velodyne's products and services. Velodyne undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210429005116/en/
Contacts
Velodyne Investor Relations
InvestorRelations@velodyne.com
Media
Landis Communications Inc.
Sean Dowdall
(415) 286-7121
velodyne@landispr.com
Permalink : https://www.aetoswire.com/news/faraday-future-selects-velodyne-as-exclusive-lidar-supplier-for-flagship-ff-91-luxury-electric-vehicle/en
Walton Announces Another CAD$5.3 Million Distribution to Investors in McConachie Asset Management Corporation
SCOTTSDALE, Ariz-Thursday 29 April 2021 [ AETOS Wire ]
(BUSINESS WIRE)-- Walton, a real estate investment and land asset management company with US$3.39 billion under management, is pleased to announce a distribution to investors on behalf of McConachie Asset Management Corporation of CAD$5,320,686 that will be made on April 30, 2021.
This distribution represents a portion of the annual interest payment due on the McConachie Asset Management Corporation’s restructured bonds, as well as a paydown of the principal amount owed. The distribution will be paid to all bondholders on a pro rata basis. The payment includes interest accrued from December 1, 2020 to February 28, 2021, for an aggregate of CAD$320,686. The total principal prepayment being made on restructured bonds is CAD$5,000,000.
This is the first distribution made in 2021 with an additional distribution expected to be paid to investors later this year. A total of CAD$59,498,693 of principal and interest payments have been made to date to investors in McConachie Asset Management Corporation.
McConachie is a residential development project in Edmonton, AB where Walton is the project manager. Based on an established plan to complete the development of the community, maximize cash proceeds and satisfy other obligations, Walton has completed key tasks in the first quarter of 2021 to continue to move toward completing the project and make its final distributions on behalf of McConachie. The projection based on the current maintenance schedule for infrastructure, such as roads and drainage pipes, will be turned over to the City of Edmonton by the fourth quarter of this year, with possible landscaping projects carrying over to 2022.
About Walton
Walton is a privately owned, leading global real estate investment, land asset management and administration company focusing on strategically located land in major growth corridors for more than 40 years. The company manages and administers US$3.39 billion of real estate assets in North America, on behalf of its investors and business partners. Walton has more than 105,000 acres of land under ownership, management and administration in the United States and Canada. Key entities in the Walton Group of Companies include Walton Global Holdings, Walton International Group and Walton Development and Management. For more information visit walton.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005921/en/
Contacts
Tricia Covert
info@walton.com
Mouser Electronics Unveils 2021 Empowering Innovation Together Program with Debut Podcast on 5G Technology
EE Raymond Yin Explores Fifth Generation of Wireless and What’s Next in 6G
DALLAS & FORT WORTH, Texas-Thursday 29 April 2021 [ AETOS Wire ]
(BUSINESS WIRE)-- Mouser Electronics Inc. today announced the launch of the 2021 series of its award-winning Empowering Innovation Together™ program, with the debut of a new podcast, The Tech Between Us. The new series will delve deeper into technology than ever before, encompassing a timely collection of podcasts, videos, articles, blogs and infographics that center around today’s key tech trends, starting with 5G.
The first episode of The Tech Between Us podcast will spotlight 5G technology and is available on the Mouser website, Alexa, Apple Podcasts, Google Podcasts, iHeartRadio, Pandora and Spotify.
“We are very excited to launch this year’s EIT series, including a new podcast that will enlighten, educate and entertain,” states Glenn Smith, President and CEO of Mouser Electronics, a leading global distributor of the newest semiconductors and electronic components. “In a world where ‘connection’ has a whole new meaning, we are more intertwined than ever, thanks to the innovative minds of technologists, engineers and innovators driving the world forward.”
Each month, the series explores a new tech trend through the various content pieces. In the podcast’s debut episode on 5G, Raymond Yin, Mouser’s Director of Engineering Content, interviews Dr. Matthieu Bloch, Associate Professor in the School of Electrical and Computer Engineering at Georgia Tech University, and discusses the capabilities and impact of fifth-generation wireless technology on communications, robotics, manufacturing and automation.
The 2021 EIT series will also feature four byte-sized videos, Then, Now and Next, as well as articles, blogs, infographics and other content with discussions led by Mouser thought leaders and other experts. Upcoming tech topics following 5G will look closer at power supply, automation and more, and explore new product technologies like sensors, RF and wireless, and power management. The program will highlight various new product developments and uncover the technical developments needed to keep pace with innovation in the marketplace.
The 5G tech trend content is sponsored by Mouser’s valued manufacturer partners Amphenol ICC, Amphenol SV, Analog Devices, Intel®, Microchip Technology, Qorvo and TE Connectivity.
Established in 2015, Mouser’s Empowering Innovation Together program is one of the industry’s most recognized electronic component programs. To learn more, visit https://www.mouser.com/empowering-innovation and follow Mouser on Facebook and Twitter.
About Mouser Electronics
Mouser Electronics, a Berkshire Hathaway company, is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor’s website, mouser.com, is available in multiple languages and currencies and features more than 5 million products from over 1,100 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 630,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit https://www.mouser.com/.
Trademarks
Mouser and Mouser Electronics are registered trademarks of Mouser Electronics, Inc. All other products, logos, and company names mentioned herein may be trademarks of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005899/en/
Contacts
For further information, contact:
Kevin Hess, Mouser Electronics
Senior Vice President of Marketing
+1 (817) 804-3833
Kevin.Hess@mouser.com
For press inquiries, contact:
Kelly DeGarmo, Mouser Electronics
Manager, Corporate Communications and Media Relations
+1 (817) 804-7764
Kelly.DeGarmo@mouser.com
Permalink : https://www.aetoswire.com/news/mouser-electronics-unveils-2021-empowering-innovation-together-program-with-debut-podcast-on-5g-technology/en