Tag: data (Page 1 of 5)

Solaris wins new hydrogen bus contracts in Barcelona and Essen

February 2, 2024 / WIL BALDWIN

The CAF Group company has consolidated its leading position in the thriving hydrogen city bus market with two new contracts for the supply of 57 vehicles for a combined value of over 40 million Euros for Barcelona, Spain and Essen, Germany. Solaris’ experience in rolling out hydrogen technology has seen 40 operators in 10 European countries already place their trust in the company, having won orders for in excess of 700 vehicles.

Supported by the ongoing development of the hydrogen vehicle market and the increasing orders for hydrogen fuel cell-powered buses, Solaris has intensified its business activity in this segment over the recent months. In fact, in connection with this technology, last year Solaris made a major investment constructing a new building exclusively to manufacture hydrogen-powered buses.

Solaris’ substantial backlog, which includes supplies to various operators in Austria, Switzerland, Germany, Spain, France, Italy, the Netherlands, Poland, Sweden and Slovakia, illustrates the current relevance of this market. While 99 hydrogen buses were registered in Europe in 2022, pending official data for 2023, at the end of the third quarter of the year a total of 137 new bus registrations had already been made in Europe, representing a 38% increase compared to the 12 months in the previous year. If we add the data for the last 3 months of 2023, the figures would undoubtedly reveal how strongly this sector has grown and how much Solaris has contributed to this situation. Just a few years ago, specifically in 2018, not one single hydrogen bus was registered in Europe.

Eve announces list of eVTOL suppliers

January 29, 2024 / WIL BALDWIN

Melbourne, Florida, January 29, 2024 – Eve Air Mobility (NYSE: EVEX) has named four additional suppliers for its electric vertical takeoff and landing (eVTOL) aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell (NYSE: HON) will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail including the rudder and elevator.

Honeywell will supply guidance and navigation products including magnetometers, GPS-aided attitude & heading reference systems, and inertial reference systems built upon decades of engineering and manufacturing experience. These systems will relay and aid the pilots and other onboard systems to ensure safe and efficient flight. The company will also supply external lighting for the aircraft.

Thales will supply a proven air data solution, comprising sensors and computer, which gather critical data such as airspeed, altitude and environmental conditions. The solution then relays the information to pilots and onboard systems to ensure safe and efficient flight in all weather conditions.

RECARO Aircraft Seating, a global supplier of premium aircraft seats for airlines, OEMs and eVTOL aircraft, was selected to design, certify and produce the four passenger seats and one pilot seat for the aircraft. RECARO is widely recognized for product innovation, award-winning customer service and commitment to reliability, efficiency and sustainable practices.

FACC was selected to lead the development and production of the eVTOL’s horizontal and vertical tail including its rudder, elevator and the aircraft’s aileron. FACC is recognized for its production of lightweight components relying on innovative manufacturing techniques and technology.

These new suppliers are in addition to Garmin (NYSE: GRMN), Liebherr Aerospace and Intergalactic that were announced in October and Nidec Aerospace LLC, a joint venture between Japan’s Nidec Corporation and Brazil’s Embraer SA (B3: EMBR3), BAE Systems PLC (London: BAES) and DUC Hélices Propellers which were announced at the Paris Air Show this past summer.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

European Union implements new customs procedures

January 10, 2024 / WIL BALDWIN

Ocean Network Express (ONE) has notified customers that the European Union (E.U.) has implemented its new customs pre-arrival security and safety program, supported by an extensive advanced cargo information system known as “Import Control System 2 (ICS 2)”. This regulation will replace the current regulation ICS 1.

From June 2024, all goods moved by Maritime transportation which are destined for, or transiting the E.U., Switzerland, Norway, and Northern Ireland will be subject to new entry regulations – ICS2. Economic Operators (EOs) or Shippers will have to declare safety and 2 security data to ICS2, through the Entry Summary Declaration (ENS).

Paving the transition for ONE Customers At ONE, we are in the process of upgrading our systems to capture and process mandatory information, such as the 6-digit HS code, place of receipt and House Bill of Lading data ensuring we can support all our customers with their ENS submissions. Additionally, we are providing extensive training to our Magentians across all regions to equip them with the necessary information to support you, our customer during this transition. Watch out for further updates and announcements on our progress in 2024.

For more information on the upcoming ICS2, click on the link below.

https://taxation-customs.ec.europa.eu/customs-4/customs-security/import-control-system-2-ics2-0_en

Korean Air now using RTX to improve predictive maintenance

November 8, 2023 / WIL BALDWIN

Collins Aerospace Ascentia^® tool to be installed on Korean Air 787 Fleet

Charlotte, North Carolina, November 8, 2023, PRNewswire – Collins Aerospace, an RTX business (NYSE: RTX), announced today that its Ascentia^® Prognostic and Health Management (PHM) solution has been selected by Korean Air Lines Co. (Seoul: 003490) for use on its growing Boeing (NYSE: BA) 787 fleet.

The cloud-based solution uses advanced data analytics and machine learning algorithms to help airlines improve maintenance operations and increase aircraft reliability. Analyzing flight data and maintenance records in real-time allows Ascentia to help predict potential maintenance issues and provide recommendations for corrective actions, improving aircraft availability and reducing unscheduled downtime.

Collins Aerospace’s Ascentia solution is currently in use by several major airlines around the world. Equipping KAL’s Boeing 787 fleet with Ascentia represents a significant milestone as Collins Aerospace expands its presence in the Asia-Pacific region.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Saab Q3 2023 results: Growth momentum in an evolving market

October 27, 2023 / WIL BALDWIN

Saab AB (Stockholm: series B: SAABb)President and CEO Micael Johansson says “The geopolitical tensions are impacting our industry and driving the largest increase in defence investments in the last 30 years, particularly in Europe. In the third quarter, high demand for Saab’s broad defence portfolio continued to result in significant order intake, strong sales growth and improved profitability.”

Key highlights Q3 2023

Order intake amounted to SEK 14,977m (7,772) with strong growth in all order sizes in the quarter.
Sales increased to SEK 11,527m (8,751) with an organic growth of 31%, driven by growth in all business areas.
EBITDA increased 28% and amounted to SEK 1,424m (1,115), corresponding to an EBITDA margin of 12.4% (12.7).
Operating income (EBIT) increased 51% and amounted to SEK 859m (568). The EBIT margin was 7.5% (6.5) with improvements in several business areas in the quarter.
Net income for the period increased to SEK 656m (324) and earnings per share amounted to SEK 4.84 (2.28).
Operational cash flow in the quarter was SEK -2,058m (559) mainly due to timing of customer payments combined with higher investments.
Net liquidity position in the quarter was SEK 1.4 bn (0.4).
Upgraded outlook for organic sales growth 2023: organic sales growth to be between 19-23%, compared to previous outlook of 16-20%.

For more information and explanations of the above key ratios, please see www.saab.com/investors/financials/financial-data.

DHL fulfillment network adds capacity with new warehouse in Euskirchen

October 23, 2023 / WIL BALDWIN

Bonn, Germany, October 23, 2023 – As part of the expansion of the DHL (Deutsche Post AG-Xetra: DHLn) Fulfillment Network (DFN), DHL Supply Chain has now commissioned its fourth dedicated e-commerce warehouse in Germany. The fulfillment warehouse in Euskirchen will store, pick and pack orders from both large as well as small and medium-sized customers before shipping them within Germany, Europe or even to the rest of the world.

All customers benefit from an existing infrastructure that enables the integration of webshops and customer systems as well as connection to a range of parcel service providers. In this way, new companies can quickly and easily be integrated into the network. In addition, DHL provides its customers with a wide range of data and digital tools enabling them to drive their business with minimal effort. This allows inventory to be managed, each order to be monitored and sales trends to be tracked. Furthermore, all DFN fulfillment centers are run by trained DHL employees.

The DFN model was developed in Germany and currently has a global network spanning 30 locations around the world. The new Euskirchen site has a total storage area of over 60,000 square meters and has excellent connections to parcel centers and both Cologne/ Bonn and Duesseldorf Airport. Fluctuations in order numbers and inventory levels can be handled flexibly through specialist technology and dynamic staff deployment.

Rolls-Royce supports mission critical data center power in Japan

October 23, 2023 / WIL BALDWIN

Rolls-Royce Holdings PLC (LSE: RR, ADR: RYCEY) is supplying a total of 31 mtu emergency gensets and a complete mtu EnergetIQ control system for the latest data center of a leading global provider of hyperscale data center solutions. The hyperscale data center, located near Osaka, is one of the largest data centres in Japan, with a designed capacity of 45.9MW. Designed specifically with the scalable capacity requirements of hyperscale and enterprise customers in mind, it gives users the flexibility to grow over the long term. According to Mordor Intelligence, Japan is one of the fastest growing digital content delivery markets in all of Asia, driven by the increasing use of mobile devices and the adoption of cloud technologies.

Rolls-Royce Solutions Japan has already installed and commissioned eight of the 31 container gensets, which are based on 20-cylinder mtu Series 4000 engines. The remaining emergency generators will be added gradually as the data center’s capacity increases. The mtu containers compactly contain the diesel engine with generator, a switchgear – including the mtu EnergetIQ control and monitoring system – and all the necessary connections and supply systems and are installed outside of the building.

The fully redundant mtu EnergetIQ Manager used in Osaka monitors both the incoming grid connections and the status of all generators within the plant. It starts the emergency diesel generators in the event of a grid failure, regulates the supply of electricity to the consumers and ensures that the load is transferred back to the grid and the generators are stopped when the grid is stable again.

Rolls-Royce makes Halunder Jet safer and more efficient thanks to NautIQ

September 20, 2023 / WIL BALDWIN

Ensuring engine reliability at sea

To keep a sea-going vessel like the Halunder Jet running reliably and sustainably, the crew need access to a host of relevant data on its condition. That’s where the Rolls-Royce Holdings PLC (OTC: RYCEY) mtu NautIQ Foresight can help.

In the North Sea, the crew onboard the Halunder Jet – a high-speed catamaran operated by ferry company FRS – is transporting passengers between Hamburg, Cuxhaven and Heligoland harbour in Germany.

With just four hours on Heligoland island to visit the ‘Tall Anna’ sea-stack, watch guillemots and gannets, or engage in some duty-free shopping, visitors want to make the most of every minute secure in the knowledge that they’ll be back on the mainland in time to catch their onward connections.

Uptime and reliability, therefore, are top priorities for the Halunder Jet’s operators, closely followed by cutting fuel consumption – an increasingly important consideration amid rising fuel prices and growing environmental awareness.

Rolls-Royce to complete initial F130 engine testing for B-52J by year end

September 7, 2023 / WIL BALDWIN

Rolls-Royce (OTC: RYCEY) today announced that it is on track to complete initial F130 engine testing for the United States Air Force B-52J Stratofortress by the end of the year. Continued Rapid Twin Pod Tests at NASA Stennis Space Center in Mississippi have accomplished all of Rolls-Royce’s initial goals and allowed for the gathering of unprecedented amounts of data early in the program, further de-risking the integration of the F130 engine onto the B-52J.

In September 2021, Rolls-Royce F130 engines were selected by the Air Force to replace the existing powerplants in the B-52 fleet, with over 600 new engine deliveries expected. The new engines will extend the life of the B-52 aircraft for 30 years and are so durable they are expected to remain on wing for the remainder of the aircraft life.

F130 engines will be manufactured, assembled and tested at Rolls-Royce facilities in Indianapolis, the company’s largest production facility in the U.S. The F130 is derived from the Rolls-Royce BR family of commercial engines, with over 30 million hours of operation and a high reliability rate. It’s a proven, dependable engine with a fuel-efficient design.

Garmin expands xHD3 series with new magnetron dome radars

September 6, 2023 / WIL BALDWIN

Olathe, Kansas, September 6, 2023, PR Newswire – Garmin (NYSE: GRMN), the world’s most innovative and recognized marine electronics manufacturer, today announced the addition of two radars to the magnetron lineup, the GMR^™ xHD3/HD3 dome radar series. These new radars provide high-definition imaging and the latest platform technology to give boaters, sailors and anglers extra peace of mind on the water.

Now available in an 18” or 24” model, the xHD3 dome radar series adds new premium features for maximum clarity and awareness on the water:

Scan Averaging – a first for Garmin magnetron dome radar – to help filter sea clutter and interference, delivering a clearer display.
Target Size optimizes on-screen object shapes at all range scales through pulse expansion and angular processing.
True Echo Trails shows a historical “trail” of boats on the water, removing relative motion influence to help quickly identify moving targets and potential collision threats.
Rotation Speed up to 60 rpm to improve the redraw rate for faster target updates on a multifunction display (MFD).

GPSMAP 923xsv and GMR 18 HD3 Dome Radar Product Renders

Ensuring engine reliability at sea

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