LEED Silver certification is Seven Tower Bridge's fifth best-in-class sustainability and wellness certification, demonstrating the office tower’s leadership in promoting tenant health and wellness
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Today, leading global private markets firm, Partners Group, acting on behalf of its clients, and co-developers American Real Estate Partners (AREP) and Oliver Tyrone Pulver Corporation (OTP) announced that their Philadelphia-area Seven Tower Bridge property has earned LEED® Silver certification for sustainability, the property’s fifth sustainability and wellness certification to date. The project is also WiredScore Gold, and Fitwel 2-star certified, WELL Health & Safety rated, UL Healthy Building verified, and houses leading companies such as Hamilton Lane (NASDAQ: HLNE) and Lutron Electronics.
The one-of-a-kind suburban office building is the first Philadelphia-area property to earn these certifications. Designed by Skidmore Owings & Merrill (SOM), Seven Tower Bridge includes pandemic-response design features such as abundant indoor/outdoor workspaces and first-class amenities to transform the way people experience the office environment. The 260,000 square foot property, located in an extraordinary Schuylkill riverfront location, provides everything employees need to work comfortably and perform at their best.
"As a responsible investor committed to achieving positive stakeholder impact, ESG is firmly embedded within our value creation plans. The fact that Seven Tower Bridge has now earned five sustainability and wellness certifications is a testament to our approach," said Jessica Wichser, Co-Head Real Estate Asset Management at Partners Group. "With sustainability at its core, as well as state-of-the-art building systems and extensive amenities, Seven Tower Bridge is a benchmark for the modern workplace."
“Our latest certification reinforces what we already know: that Seven Tower Bridge’s unique design and focus on sustainability will not only help protect the health of our environment but also the well-being of everyone who steps foot in the door,” said Doug Fleit, CEO of AREP. “We know that healthy buildings boost employee productivity. From the very beginning, the design, development, and execution of Seven Tower Bridge have had one core focus: providing a value-rich workplace where people feel their best.”
Seven Tower Bridge achieved LEED Silver certification for implementing practical and measurable strategies and solutions in areas including sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality.
“We are proud of the tremendous amount of work that the Seven Tower Bridge team has done to earn certifications that confirm our commitment to sustainability and wellness,” said Donald Pulver, President of OTP. “Best practices in design, systems, operation, and management deliver a workplace that meets or exceeds leading companies' ESG and employee health priorities. It's an environment where people are healthy, productive, and proud to come to work.”
Seven Tower Bridge is the first Philadelphia-area property to earn the following five best-in-class certifications, reinforcing its commitment to ensuring people can return to an office where their overall well-being and connectivity are a top priority:
● LEED Silver: LEED (Leadership in Energy and Environmental Design) is the most widely used green building rating system globally, providing a framework for healthy, highly efficient, and cost-saving green buildings. Developed by the U.S. Green Building Council (USGBC), LEED certification is a globally recognized symbol of sustainability achievement and leadership.
● Fitwel 2-star Rating: the world’s leading certification system committed to building health for all. Supported by 5,600+ academic research studies, Fitwel provides a rigorous certification program for workplaces that strengthen the health and well-being of occupants.
● WELL Health-Safety Rating: best practices for workplace safety. The WELL Health-Safety seal communicates to everyone entering a space that evidence-based measures and best practices for safety have been adopted and third-party verified.
● UL Verified Healthy Building Mark: This certification requires best practices to maximize indoor air quality (IAQ) through ventilation, filtration and hygiene and delivers clean, healthy water for consumption.
● Wiredscore Gold: confirms that Seven Tower Bridge provides tenants seamless access to fiber connectivity and the choice of internet service providers to support diverse connections.
ABOUT PARTNERS GROUP
Partners Group is a leading global private markets firm. Since 1996, the firm has invested over USD 170 billion in private equity, private real estate, private debt, and private infrastructure on behalf of its clients globally. Partners Group seeks to generate strong returns through capitalizing on thematic growth trends and transforming attractive businesses and assets into market leaders. The firm is a committed, responsible investor and aims to create sustainable returns with a lasting, positive impact on all its stakeholders. With USD 127 billion in assets under management as of 31 December 2021, Partners Group provides an innovative range of bespoke client solutions to institutional investors, sovereign wealth funds, family offices, and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information, please visit www.partnersgroup.com or follow us on LinkedIn or Twitter.
ABOUT AMERICAN REAL ESTATE PARTNERS
Headquartered in the Greater Washington metropolitan area, AREP is an institutional fund manager and operating partner focused on office, data center, and mixed-use residential development and repositioning throughout the East Coast.
Since the company’s founding in 2003, AREP has deployed over $5.1B across targeted geographies, acquired more than 20M SQFT of class-A real estate, and currently oversees over 10M SQFT of assets. AREP's vertically integrated real estate platform provides best-in-class expertise in all ownership disciplines, from property management and building operations to investment strategy, market research, and acquisitions. By leveraging this expertise, AREP remains at the leading edge of real estate innovation, maximizing investment and building performance to provide real value. For more, please visit AREP's Newsroom or follow us on LinkedIn.
ABOUT OLIVER TYRONE PULVER CORPORATION
Oliver Tyrone Pulver Corporation (OTP), headquartered in Conshohocken, Pennsylvania, is a privately held commercial real estate development firm with a 50-year history of developing over 15 million square feet of premier office space in the cities and suburbs of Philadelphia, Pittsburgh, Cleveland, and Chicago. By selecting only the most desirable locations and developing the highest quality buildings, it has established a strong track record of successful projects providing highly desirable office space for tenants and high returns for partners. For more information, visit otpcorp.com.
Media:
Lisa Throckmorton
REQ for AREP
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Elizabeth Castleman
Oliver Tyrone Pulver Corp.
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TACOMA, Wash.--(BUSINESS WIRE)--The Green Transportation Summit & Expo (GTSE) is excited to announce that Battle Motors, an innovator in clean energy and electric vehicle (EV) space, will sponsor its 11th annual show. The Green Transportation Summit & Expo (GTSE) is the West Coast’s premier fleet modernization and sustainable transportation event. GTSE offers attendees an inside look at the latest in fleet technologies and innovation and provides informative sessions featuring a who is who of national and regional transportation leaders.
Battle Motors, a leader in the development of electric vehicle (EV) technology and in the vocational truck industry, produces work-ready diesel, compressed natural gas (CNG), and now fully electric chassis designed and manufactured in America. Battle Motors’ durable, dependable trucks are built to excel in a multitude of applications including refuse, recycling, construction, utility, and now middle-mile and last-mile delivery. Built upon the seventy-five-year legacy of Crane Carrier Company, the newly rebranded Battle Motors is leading the way in the electrification of the vocational and delivery truck markets.
GTSE is excited to have Battle Motors as a partner, as 2022 will focus more than ever on clean vehicle technology and taking advantage of funding opportunities at the local, state, and national levels. Battle Motors is a top solution for customers to invest in and discover their EV trucks and there has never been a better time to reduce vehicle carbon footprint as the conference will highlight the collaborations and pathways that are key for reducing carbon emissions to Zero!
Battle Motors is delivering their Battle Ready Class 8 severe-duty electric truck to refuse companies across the country. All Battle Ready Electric trucks include free advanced software and safety features. Battle Motors’ electric trucks are available for front, rear and automated side loader applications within the refuse and recycling space and are available in standard and crew cab configurations.
About Battle Motors
Battle Motors, a leader in the development of electric vehicle (EV) technology and in the vocational truck industry, produces work-ready diesel, compressed natural gas (CNG), and now fully electric chassis designed and manufactured in America. Battle Motors acquired commercial vehicle Original Equipment Manufacturer (OEM), Crane Carrier Company, LLC (CCC) in 2021. CCC has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio. For more information, please visit battlemotors.com and follow us @BattleMotors on Instagram and Twitter.
About GTSE
From August 16 to 18th 2022 at the Greater Tacoma Convention Center, fleets from across the country, national and regional transportation leaders, plus technology providers in the electrification, hydrogen and alternative fuel industries will flock to a GTSE sponsored by Battle Motors. GTSE boasts an intimate conference networking experience, numerous education opportunities, a tangible look at what clean energy looks and feels like with a Performance ride-and-drive event, and much more. For more information, please visit https://www.gtsummitexpo.com/
www.battlemotors.com
@BattleMotors
#GTSE22
For Battle Motors press inquiries contact:
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Battle Motors - Communications
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GREENVILLE, S.C.--(BUSINESS WIRE)--Current™ (formerly GE Current, a Daintree company) will unveil several new products along with new branding at the 2022 LightFair International Trade Show June 19-23. Attendees are invited to see the latest intelligent solutions for indoor, outdoor and commercial lighting control needs in booth 2543 in the Las Vegas Convention Center’s West hall.
“Our new enterprise brand represents the most expansive, versatile portfolio of lighting and controls products available,” says Manish Bhandari, president and CEO, Current. “We are proud to announce our latest technical innovations at LightFair that deliver even more benefits to accelerate the adoption of commercial and architectural LED lighting and building connectivity solutions.”
Current’s LightFair 2022 experience is set to include:
With over 35 tried and trusted product brands under its stewardship, Current is a house of brands for lighting professionals who want to accomplish more.
Also visit lightfair.com to learn about the latest lighting trends and innovations.
About Current
At Current, we are Always On and working to improve lives with the industry’s most expansive portfolio of sustainable advanced lighting and intelligent controls that reliably meet our customers’ needs. Learn more at CurrentLighting.com
Jim Benson, Vice President Enterprise Marketing & Communications
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(216) 534-4155
Visit our Media Room for brand assets
DUBLIN--(BUSINESS WIRE)--The "Europe Oilfield Services Market - Growth, Trends, COVID-19 Impact, And Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The Europe oilfield services market is expected to grow at a CAGR of more than 5% during the forecast period of 2022-2027
The COVID-19 pandemic affected the market severely. The pandemic led to a decline in demand for crude oil and natural gas, resulting in a crash of oil and gas prices. This crash made the upstream activities economically unfeasible. The market is expected to recover once the price strengthens.
In terms of growth of the market, factors such as the development of oil and gas reserves in the region, along with advanced technologies, tools, and equipments are expected to drive the market during the forecast period. However, a shift towards renewable energy sources along with high volatility of crude oil prices are expected to hinder the market growth.
Key Highlights
Offshore Segment to Witness Significant Growth
Norway to Witness Significant Growth
Competitive Landscape
The European oilfield services market is moderately consolidated. The report contains analysis of mergers and acquisitions, joint ventures, collaborations, and agreements & strategies adopted by leading players
Some of the major players involved in the market are
For more information about this report visit https://www.researchandmarkets.com/r/p8oaqm
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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MADISON, Wis.--(BUSINESS WIRE)--Infinity Turbine LLC, is introducing the Gas Leverage Turbine (GLT).
Considered a hybrid between Brayton Cycle and Organic Rankine Cycle, the gas leverage turbine produces phase changes dynamics for continuous battery material production and flow energy storage.
Using first principles, the GLT has a variety of applications which include:
Infinity Turbine LLC offers a visionary future for clean and renewable fuels by providing complimentary technologies which leverage together for greater efficiency.
Company Website: https://infinityturbine.com
G. Giese | CEO | Infinity Turbine LLC | This email address is being protected from spambots. You need JavaScript enabled to view it.
DUBLIN--(BUSINESS WIRE)--The "Europe Bunker Fuel Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The bunker fuel market in Europe is expected to register a CAGR of more than 7% during the forecast period, 2022-2027
Some of the major companies include Gazprom Neft PJSC, BP PLC, Shell PLC, TotalEnergies SE, and AP Moeller Maersk AS
The outbreak of COVID-19 has significantly affected the consumption of bunker fuel. The closure of international and domestic trade movements to curb the spread of the virus reduced the demand for bunker fuel in 2020.
The increasing preference for LNG-based vessels and growing LNG trade are significant factors driving the demand for bunker fuels in Europe during the forecast period. With increasing maritime export and import in countries like Germany and the United Kingdom, considerable growth is anticipated in the coming years.
However, increasing trade tensions between countries such as the United States, China, Russia, etc., are expected to restrain the market during the forecast period.
Key Highlights
Very Low Sulfur Fuel Oil (VLSFO) to Witness Significant Growth
Germany to Dominate the Market
Competitive Landscape
Company Profiles
Ship Owners
For more information about this report visit https://www.researchandmarkets.com/r/1woxm6
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ITASCA, Ill.--(BUSINESS WIRE)--#SEKOLogistics--SEKO Logistics today confirmed two new appointments to their international leadership team to steer the growth of value-added global forwarding services and build SEKO’s value proposition in Australia and globally.
Steen Christensen joins SEKO in the new role of Chief Operating Officer – International, while, in Sydney, Paul Good takes over as Managing Director, Australia.
“Growing companies need great people to scale at velocity and with Steen and Paul, I am confident we have two very accomplished and talented forwarding and logistics professionals who will challenge us to grow better and faster. Steen’s role is a new position for us and one that reflects the expansion of our International Freight Management operations and network. It also recognizes the growth potential we see in the years ahead as we continue to transform and deliver exemplary growth in our Global Forwarding Business Segment while staying true to our commitment of being 'small enough to care, big enough to scale,'” said James Gagne, SEKO’s President & CEO.
“Paul joins us as we embark on the next stage of SEKO’s growth in Australia to lead our air, ocean and ecommerce logistics divisions to further enhance our value proposition to clients. We see strong growth opportunities for SEKO in Australia and Paul’s solid and impactful track record brings the business and client leadership focus needed for this next stage in our transformation,” he added.
Texas-based Christensen has enjoyed a 30-year executive career in the freight and logistics sector through senior posts with GEODIS and DHL. He most recently spent four years as Hellmann Worldwide’s President & CEO for the U.S. and Canada. Born in Denmark, Steen is a ‘global citizen’ whose career has included living and working in the Middle East, Africa, Asia and Europe, as well as North America.
As a member of SEKO’s Global Executive Leadership Team, he is responsible for SEKO’s Air and Ocean Product on a global level, focused on driving strategy, growth, carrier relationships, network enablement, and performance management. Steen will also lead, and be responsible for, key aspects of SEKO’s network forwarding acquisition strategy, and the continued evolution and development of the company’s global network of agents.
Paul Good is a career forwarder and logistics professional who, over 25 years, has held country management roles in Asia Pacific, responsible for regional operations and transformation leadership. He has previously worked for Kuehne + Nagel in Indonesia, for Agility in multiple countries including Indonesia, India, the Philippines and Australia, and ABX (Australia). Prior to joining SEKO, Paul served as a Board Member of Speedmark Australia.
About SEKO Logistics
Built on nearly 50 years of logistics expertise, SEKO Logistics is the no-nonsense global end-to-end logistics partner – from shipper to consumer. SEKO delivers client-first service, expert reliability and tech-driven shipping solutions that turn customers’ supply chains into a competitive advantage. With over 150 offices in more than 40 countries, SEKO helps you move at the speed of commerce. Learn more at www.sekologistics.com.
Brian Bourke, Chief Growth Officer, SEKO Logistics
T: +1 630 919 4966
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Jamie Roche, JRPR
T: +44 (0) 1753 900902
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DUBLIN--(BUSINESS WIRE)--The "Energy and Power Electric Capacitor Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
An electric capacitor, in the field of electricity and power, is used to store electric energy. It is a two-terminal passive component of electronics. An electric capacitor can also be called a condenser.
The effect of a capacitor is denoted by its capacitance. When there are two electrical conductors in a circuit, there is some capacitance generated in the circuit, but to provide an effective result of capacitance in a circuit, an electric capacitor is used. The electric capacitor market is expected to rise due to the increased functionality, coherence, and complexity of electronic devices, as well as the rising demand for smart components from emerging economies.
The market for energy and power electric capacitors in the automobile industry is predicted to rise as the development of electric vehicles grows. The advent of next-generation automotive electronics to support enhanced driver assistance systems, as well as rising customer demand for mobility and connection, is expected to help to propel the industry forward. Furthermore, the development of new applications such as renewable energy systems, electronic controls for industrial machinery and engines, hybrid transportation concepts, and personal computing devices is expected to propel the demand for energy and power electric capacitors even higher.
Growth Drivers
The electric capacitor is expected to dominate the market because of its higher capacitance value. To design a circuit, electric capacitors play an important part because they offer small size, high capacitance, and low cost compared to other types of capacitors. The electric capacitor industry is expected to see the rise as a result of its extended service life and low cost. In the market, there is a plentiful supply of raw materials, as well as diverse construction and connection kinds and a highly automated manufacturing process predicted to give a boost to the energy and power electric capacitor market in the foreseen period.
Electric capacitors are used in a wide range of applications like in automotive, the internal combustion engine types that are expected to dominate the market, and capacitor vendors offer a wide range of automotive devices for ease, safety, and engine control unit applications. Despite the fact that capacitive sensors have been used in a range of applications for decades, such as production quality assurance, weather, locations, acceleration, and fluid level, capacitive sensing is now a pervasive feature in electric capacitors used in consumer electronics devices.
Energy and Power Electric Capacitor Market Types
The energy and power electric capacitor market is divided into film, ceramic and electrolytic according to the material used to make the capacitor. With the development in technologies, capacitors these days have become a necessity for the manufacturing of most electronic devices. With the growing demand for wearable and consumer electronics, it is expected that the film-based capacitor demand will also boost in the industrial sector, raising the market for energy and power electric capacitors in the foreseen period.
The surge in demand for supercapacitors in automotive applications is expected to be a significant driver increasing the market's growth. Supercapacitors are suitable for automotive applications because of their long shelf life, high power density, and fast charging capability. In addition, the market is predicted to develop due to the rising demand for renewable energy systems and favourable government regulations.
Restraints
The energy and power electric capacitor market is expected to see some major restraints owing to the capacitor value tolerances, equivalent series resistance capacity, and a limited life period. Once power has been disconnected from a circuit, electric capacitors may retain a charge that might generate a harmful or fatal jolt or damage associated devices. When capacitors are exposed to voltages or currents that exceed their tolerances, or when they reach their usual end of life, they can eventually fail, which is also expected to cause a restrain in the growth of the energy and power electric capacitor market.
Market Segmentation:
By Type
By Polarization
By Industry Verticals
By Voltage
By Geography
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/hu4sk4
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Integra also expands its portfolio of 100 V RF GaN products with 7 new models for high reliability applications
EL SEGUNDO, Calif.--(BUSINESS WIRE)--#teledynee2vhirel--Integra, a leading provider of innovative RF and Microwave Power solutions that help make a safer and more connected world, today announced it has begun production shipments to US and European customers of its groundbreaking 100 V RF GaN technology. Tom Kole, Integra’s Vice President of Sales and Marketing, said, “In collaboration with our customers, our system engineers have helped design new radar architectures that take full advantage of the benefits of our third generation 100 V RF GaN technology. It’s exciting to see Integra’s 100 V RF GaN products move into production with customers as it signifies another industry first.”
Integra also announced expansion of their 100 V RF GaN product portfolio with the introduction of 7 new products for avionics, directed energy, electronic warfare, radar, and scientific market segments with power levels up to 5 kW in a single transistor. These products incorporate Integra’s 100 V RF GaN technology optimized to deliver the highest power and efficiency in a single transistor while maintaining reliable operating junction temperatures. Combined with Integra’s thermally enhanced patents and transistor design expertise, these products offer reliable operation with a MTTF of 10 million hours. Suja Ramnath, Integra’s President and CEO, said, “Integra has spent a decade innovating, maturing and commercializing our groundbreaking 100 V RF GaN technology. Building upon our 25-year heritage of semiconductor innovation, this 3rd generation 100 V RF GaN continues to extend our technical and market leadership.”
Additionally, Integra’s partner Teledyne e2v HiRel is offering high reliability options for all of Integra's 100 V RF GaN power devices and pallets targeted at the defense market. Brad Little, Vice President and General Manager of Teledyne e2v HiRel, said, “Our space customers can benefit from Integra’s 100 V RF GaN products combined with Teledyne’s expertise and long heritage providing space RF components. These innovative products offer space payload engineers state-of-the-art power devices for insertion into their applications.”
New 100V RF GaN parts introduced:
Part Number |
Description |
Market |
IGW4000 |
100 V, Ultra-Wideband Multi Chip Module |
Electronic Warfare |
IGN1012S2500 |
100 V, 2.5kW L-Band Transistor |
Directed Energy |
IGN1030S3100 |
75 V, 3.1 kW L-Band Transistor |
Avionics |
IGN1030S3600 |
100 V, 3.6 kW L-Band Transistor |
Avionics |
IGN1313S3600 |
100 V, 3.6 kW 1.3 GHz Transistor |
Scientific |
IGN1214M3200 |
75 V, 3.2 kW 1.2-1.4 GHz, L-Band Transistor |
Radar |
IGN2729M1500 |
100 V, 1.5 kW 2.7-2.9 GHz, S-Band Transistor |
Radar |
ABOUT TELEDYNE E2V HIREL ELECTRONICS
Teledyne e2v HiRel innovations lead developments in space, transportation, defense, and industrial markets. Teledyne e2v’s unique approach involves listening to the market and to the application challenges of customers and partnering with our customers to provide innovative standard, semi-custom or fully custom solutions, bringing increased value to their systems. Teledyne e2v HiRel Electronics is part of the Teledyne Defense Electronics Group. www.tdehirel.com
ABOUT INTEGRA TECHNOLOGIES, INC.
Founded in 1997, Integra is a leading innovator of RF and Microwave high power semiconductor and pallet solutions for mission-critical applications, including state-of-the-art radar, electronic warfare, and advanced communications systems. www.integratech.com.
Sharon Fletcher
Teledyne Defense Electronics
+1 323-241-1623
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DUBLIN--(BUSINESS WIRE)--The "Global Fracking Fluids and Chemicals Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering.
The global fracking fluids and chemicals market is expected to grow rapidly, owing to a shift in drilling wells from vertical to horizontal drilling, an increase in research and development initiatives for manufacturing environmentally friendly fluids and chemicals and expanding demand for power and fuels.
Fracking fluid is a chemical combination used in drilling operations to increase the number of hydrocarbons that may be extracted. The fluid protects the well against deterioration. Among other things, it lubricates the extraction process and avoids blockages and bacterial growth.
After oil and gas resource drilling is done, hydraulic fracturing fluid and chemicals are used. The conventional or non-conventional composition of oil and gas well fracturing involves adding fluid and chemicals to stimulate the oil and gas well. Hydraulic fracturing has allowed older oil and gas fields with high production rates to produce oil and gas more effectively. Hydraulic fracturing can also be employed to recover oil and gas from geological compositions that were previously impossible to reach. Fracking fluid and chemicals also help maintain stability by reducing pressure loss caused by friction.
Growth Drivers
The rising consumption of natural gas is predicted to be a major driver of growth in the worldwide fracking fluid and chemicals industry. Chemicals for fracking are blended with various additives based on the needs of the fracturing operation. As the drilling operation progresses, additives such as enzymes and oxidizers are inserted to allow fluid backflow. By weakening the gelling effect, oxidizers and enzymes reduce the viscosity of the fracturing fluid. Natural gas is commonly used in residential and commercial locations, primarily for heating.
However, natural gas is also used as a raw material in the industrial sector, for example, by fertilizer producers. The electrical industry is anticipated to be the primary user of natural gas. Natural gas is predicted to supply the world's growing electricity demand while emitting less CO2 than coal. Over the projected period, the market is likely to be driven by an increase in the usage of unconventional gas and oil resources such as shale and CBM.
Restraints
The global market is expected to be hampered by strong opposition because of the detrimental effects of hydraulic fracturing on the environment. Climate change, air pollution, increased earthquake risk, increased water usage, and water contamination are expected to be just a few of the market's main challenges.
The fracking fluid used has many harmful effects on the environment, due to which the usage of fracking fluid and chemicals is expected to impact the growth of the market. Hydraulic fracturing has been subject to stringent laws in several countries. This issue is also predicted to pose some challenges to market expansion.
COVID-19 Impact
The global Coronavirus (COVID-19) epidemic has impacted every aspect of life. Several changes in market conditions have resulted as an outcome of this. The COVID-19 epidemic prompted the imposition of strict lockdown laws, the shutdown of many activities, and travel restrictions in many countries, causing a halt in the import and export of fracking chemicals and fluids.
Market Segmentation:
By Fluid Type
By Well Type
By Application
By Geography
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/2gvcwn.
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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New product provides the Space RF engineering and design community with an off-the-shelf high frequency RF switch for the most challenging high-reliability space applications.
MILPITAS, Calif.--(BUSINESS WIRE)--#teledynee2vhirel--Teledyne e2v HiRel announces the availability of a rad-tolerant 30 GHz, Single Pole Double Throw (SPDT) reflective RF switch, model TDSW030A2T, that is ideal for use in demanding high reliability, space and defense applications and is now available with qualified material off-the-shelf. This new RF switch, developed on 0.15 μm InGaAs pHEMT technology, will be available as die and is qualified per MIL-PRF-38534 Class K equivalency for space applications.
The TDSW030A2T leverages monolithic microwave integrated circuit (MMIC) design techniques that deliver superior performance in the Ku and Ka microwave and millimeter-wave bands. The switch delivers low insertion loss, high isolation, fast switching times, and high linearity across a wide frequency band from dc to 30 GHz and attains an input power 1 dB compression of 25 dBm (typical). Class K equivalent element evaluation is performed per wafer.
“While switching is one of the core microwave building blocks, there has been a lack of choice for designers working on high-reliability applications,” said Mont Taylor, Vice President and Business Development Manager at Teledyne e2v HiRel. “Joining our successful release of a 20 GHz switch last fall, this new product is the first 30 GHz switch qualified as TID radiation tolerant to 100 krad (Si) on the market.”
For more information on all of Teledyne e2v HiRel’s space offerings, review our portfolio of semiconductors, converters and processors, and related services here on the Teledyne Defense Electronics website.
Devices are available for ordering and shipment today, from Teledyne e2v HiRel or an authorized distributor, in commercial versions and with the option of Class H equivalent screening. They are shipped from our DoD Trusted Facility in Milpitas, California.
ABOUT TELEDYNE e2v HIREL ELECTRONICS
Teledyne HiRel’s innovations lead developments in space, transportation, defense, and industrial markets. HiRel’s unique approach involves listening to the market and application challenges of customers and partnering with them to provide innovative standard, semi-custom or fully custom solutions, bringing increased value to their systems. For more information, visit http://www.tdehirel.com
ABOUT TELEDYNE DEFENSE ELECTRONICS
Serving Defense, Space and Commercial sectors worldwide, Teledyne Defense Electronics offers a comprehensive portfolio of highly engineered solutions that meet your most demanding requirements in the harshest environments. Manufacturing both custom and off-the-shelf product offerings, our diverse product lines meet emerging needs for key applications for avionics, energetics, electronic warfare, missiles, radar, satcom, space, and test and measurement. www.teledynedefelec.com.
Sharon Fletcher
Teledyne Defense Electronics
+1 323-241-1623 This email address is being protected from spambots. You need JavaScript enabled to view it.
FedEx makes a strategic investment in FourKites, which FourKites will leverage to develop FourKites X to help transform global supply chains with volumes of data insights from both companies’ networks
AMSTERDAM--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) and supply chain visibility company FourKites today announced a strategic alliance that will provide businesses with new, more robust real-time visibility capabilities to help solve their most pervasive supply chain challenges, become more efficient, and unlock new growth opportunities. Events like the COVID-19 pandemic, ongoing geopolitical issues, port congestion, and other global disruptions have revealed the complexities in keeping interconnected supply chains around the world up and running. FedEx and FourKites are collaborating to make supply chains smarter by bringing comprehensive and highly granular visibility into multi-modal and multi-carrier operations with the deep network and rich insights of their combined networks.
FourKites’ real-time visibility platform has integrated intelligence at every point of the supply chain, and currently supports 2.5 million shipments a day, connecting the supply chains of 50% of Fortune 500 companies. Through this collaboration, FourKites will be using its machine learning and artificial intelligence capabilities with data insights from the FedEx network – which reaches more than 220 countries and territories, linking more than 99 percent of the world’s GDP, through more than 16.5 million shipments daily – to create a new end-to-end supply chain intelligence platform called FourKites X. FourKites X will provide tools and insights to help large shippers and logistics providers mitigate the impacts of sustained challenges via a suite of offerings ranging from dynamic planning and pre-shipment, to enhanced visibility and proactive alerts, to supply chain optimisation insights.
To support this alliance and the launch of FourKites X, FedEx has made a strategic investment in FourKites.
“This is an exciting collaboration between two industry leaders and innovators coming together to unlock new opportunities for our customers,” said Sriram Krishnasamy, CEO, FedEx Dataworks. “If the last two years have taught us anything, it’s that companies need to work together in order to work smarter and faster. Our collaboration with FourKites creates a data ecosystem that will deliver a new level of predictability and visibility to help businesses build smarter supply chains in today’s unpredictable and complex business environment.”
“We are excited to announce this groundbreaking platform and strategic collaboration with FedEx,” said Mathew Elenjickal, FourKites Founder & CEO. “Our organisations share an unwavering commitment to customer success through strategic innovation. Together, we are working to pave the future of global supply chains, built on a foundation of data and machine learning to deliver new value to those global supply chains.”
FourKites X – A Complete Picture of Global Supply Chain Operations
FedEx Dataworks, a business unit in FedEx focused on making supply chains smarter through a powerful data science approach and machine learning capabilities, will support FourKites’ development of the new platform, FourKites X, that will help give customers deeper actionable insights, more accurate ETAs, and more intelligent supply chains to reduce supply chain volatility, and improve top-line growth.
The platform is being designed to help large shippers and logistics providers identify areas of opportunity, such as:
“When it comes to supply chain data, more is always better," said Steve Banker, Vice President, Supply Chain Services, at ARC Advisory Group. “The collaboration between FourKites and FedEx is exceptional in both the volume of data that it will aggregate, and in the degree to which it could improve predicted times of arrival, planning and more. FourKites X can be a big step forward for this market."
Customers of FourKites X will be able to integrate the platform with existing systems, and they will be able to receive new capabilities in a modular way with support from data engineers, data scientists and user experience experts. The FourKites X solution will include pre-built applications and an intuitive dashboard, which will allow customers to unlock things like pre-shipment weather advisories and supply chain insights.
To learn more about FourKites X, click here.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its nearly 550,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About FourKites®
Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching more than 200 countries, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,000 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit www.fourkites.com.
Scott Johnston
European PR Director, FourKites
+31 62 147 8442
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DUBLIN--(BUSINESS WIRE)--The "Global Green Ammonia Market: Focus on End-Use Sectors, Production Technologies, and Region - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
The global green ammonia market is projected to reach $18.28 billion in terms of revenue by 2031, at a CAGR of 23.24%
The demand for green ammonia is anticipated to grow with increasingly stringent carbon emission regulations and zero-carbon energy goals.
Also, there is increasing cognizance that ensures energy security from low-carbon intermittent sources, which requires long-term sustainable energy storage and the identification of suitable carriers.
Moreover, continuously decreasing the cost of hydrogen production through electrolysis is another factor to spur the demand for green ammonia during the forecast period (2024-2031). However, the higher installation cost for the integrated infrastructure of green ammonia is anticipated to hinder market growth in the upcoming future.
Market Lifecycle Stage
The green ammonia market is still in the development phase. Increased research and development activities are underway to develop green ammonia, which is expected to increase due to rising public concern and government regulations related to carbon emissions and the protection of environmental health.
Moreover, green ammonia has the potential to make a significant impact by decreasing global dependence on fossil fuels and contributing to the reduction of greenhouse gas emissions.
Industrial Impact
With an increased worldwide focus on achieving net-zero carbon emissions, the shift to green, eco-friendly, sustainable technologies brings significant sales and financing opportunities. This shift was prominently experienced in regions such as North America, Europe, and some Asian countries.
Furthermore, green ammonia has a low to moderate impact on the fertilizer and transportation fuel industry; however, in the upcoming future, with increased production of green ammonia, the impact is anticipated to increase.
Impact of COVID-19
Since green ammonia is not very commercialized, the impact of COVID-19 on the global market has been negligible. Moreover, the rise in the trend of sustainability is expected to positively affect the growth of the market in the next 10 years, as green ammonia is produced using sustainable technologies. Also, the consumption of green ammonia is expected to increase post-COVID-19 pandemic as the planned projects come online.
In the global green ammonia market, Europe and North America are anticipated to gain traction in terms of green ammonia production owing to the R&D advancements and supporting government regulations in the regions.
How Can This Report Add Value to An Organization?
The product segment helps the reader understand the different technologies involved in green ammonia production, including alkaline water electrolysis (AWE), proton exchange membrane (PEM), and solid oxide electrolysis (SOE).
Moreover, the study provides the reader with a detailed understanding of the different green ammonia by end-use sectors (power generation and energy storage, agriculture, transportation, industrial feedstock, and others). Green ammonia is fuel for the future and has a high potential to grow in the future.
Growth/Marketing Strategy: The global green ammonia market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint ventures. The favored strategy for the companies has been business expansion and partnership to strengthen their position in the green ammonia market.
For instance, in October 2021, Scatec ASA, a leading renewable power producer, entered into a partnership agreement with Fertiglobe to jointly produce a 50-100 MW green hydrogen site, which would be further used as a feedstock for green ammonia production.
Recent Developments in Global Green Ammonia Market
Key Market Players and Competition Synopsis
Key Topics Covered:
1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Green Ammonia for Energy Storage
1.1.1.2 Green Ammonia as a Sustainable Future Fuel
1.1.2 Supply Chain Analysis
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Programs by Research Institutions and Universities
1.1.4 Impact of COVID-19 on the Green Ammonia Market
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increased Consumer Awareness and Preference Toward Sustainable Products
1.2.1.2 Increased Investment in Green Ammonia Production
1.2.1.3 Stringent Rules and Regulations Related to Carbon Emissions
1.2.2 Business Challenges
1.2.2.1 High Production Cost
1.2.2.2 Limited Commercialization of Green Ammonia
1.2.3 Business Strategies
1.2.3.1 Product Developments
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships and Joint Ventures
1.2.4.3 Collaborations and Alliances
1.2.5 Business Opportunities
1.2.5.1 Green Ammonia as a Transportation Fuel
1.2.5.2 Increased Adoption of Energy-Efficient Technologies
1.3 Start-Up Landscape
1.3.1 Key Start-Ups in the Ecosystem
1.4 Green Ammonia Planned Projects
1.4.1 Key Green Ammonia Planned Projects
2 Application
2.1 Global Green Ammonia Market (Applications and Specifications)
2.1.1 Global Green Ammonia Market (by End-Use Sectors)
2.1.1.1 Power Generation and Energy Storage
2.1.1.2 Transportation
2.1.1.3 Agriculture
2.1.1.4 Industrial Feedstock
2.1.1.5 Others
2.2 Demand Analysis of Green Ammonia Market (by End-Use Sectors), Value and Volume Data
3 Products
3.1 Global Green Ammonia Market (Products and Specifications)
3.1.1 Global Green Ammonia Market (by Production Technologies)
3.1.1.1 Alkaline Water Electrolysis (AWE)
3.1.1.2 Proton Exchange Membrane (PEM)
3.1.1.3 Solid Oxide Electrolysis (SOE)
3.2 Demand Analysis of Green Ammonia Market (by Production Technologies), Value and Volume Data
3.2.1 Comparison of Production Efficiency between the Technologies
3.3 Product Benchmarking: Growth Rate - Market Share Matrix, 2024
3.4 Patent Analysis
3.4.1 Patent Analysis (by Status)
3.5 Pricing Analysis
4 Regions
5 Markets - Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking (2025)
5.1.1 Competitive Position Matrix (2025)
5.1.2 Product Matrix for Key Companies
5.1.3 Market Share Analysis of Key Companies (2026)
5.2 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hqxwkw
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Donation will Help Students Facing Economic Challenges in Houston’s Northern Suburbs
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy (NYSE:EE) (“Excelerate”), announced a donation of $30,000 to The Woodlands Family YMCA (“YMCA"), which the company has supported since 2007.
This year’s donation includes new support for the YMCA’s Mobile Makerspace, a traveling technology laboratory designed to bring the ideas of computer coding, robotics, programming, mechanics, circuitry, and creative fabrication to children who can benefit from these programs throughout Montgomery County, Texas. Excelerate will continue to participate in the YMCA’s annual outreach programs, including Operation Backpack, Dragon Boat Team Challenge, and Angel Tree.
“For over 135 years the YMCA of Greater Houston has focused on empowering young people, improving health and well-being, and inspiring action in and across communities,” says Christopher Butsch, YMCA District Executive Director. “Keeping this in mind, we are incredibly humbled by the support of great partners that help us to fulfill our mission. Excelerate Energy’s donation will ensure that our community has access to the opportunities and resources necessary to learn, grow, and thrive.”
Excelerate is committed to supporting nonprofit organizations whose work aligns with one or more of the company’s corporate social responsibility (“CSR”) focus areas of health, education, and climate.
“We are proud to partner with the YMCA in their effort to educate and empower today’s youth to solve tomorrow’s problems. The Woodlands is home to our corporate headquarters, and we strive to be good neighbors wherever we operate,” said Steven Kobos, President and CEO of Excelerate Energy.
“Our core values of Stewardship, Accountability, Improvement, and Leadership (SAIL) guide us in all that we do,” added Amy Thompson, Executive Vice President and Chief Human Resources Officer. “We encourage our employees to strengthen the health and prosperity of the communities where they live and work.”
To learn more about Excelerate Energy and our global CSR efforts, visit excelerateenergy.com.
About Excelerate Energy
Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Founded in 2003 by George B. Kaiser, Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. Excelerate offers a full range of flexible regasification services from FSRU to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Ho Chi Minh City, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.
About the YMCA of Greater Houston
Founded in 1886, today the Y remains committed to the health of more than half a million people grow and thrive through programs and services at our locations across Greater Houston. Strengthening community is our cause. Together, we connect active, engaged Greater Houston Area residents to build a better us.
Investors
Craig Hicks
Excelerate Energy
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Media
Leslie Hiltabrand
Excelerate Energy
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Ground-breaking Ceremony Launches Construction of Svante’s new global headquarters, featuring speeches from Canadian Politicians
BURNABY, British Columbia--(BUSINESS WIRE)--#ccs--Canadian carbon capture and removal technology provider, Svante, hosted its ground-breaking ceremony this week in Burnaby, BC to launch the construction of its new world headquarters that it’s calling “The Centre of Excellence for Carbon Capture & Removal.” Provincial and Federal government officials attended and spoke at the event, including the Honourable Harjit Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada, The Honourable Bruce Ralston, BC’s Minister of Energy, Mines and Low Carbon Innovation, and The Honourable Ravi Kahlon, BC’s Minister of Jobs, Economic Recovery and Innovation. The Mayor of Burnaby, His Worship, Mike Hurley, also made a speech about the impact that Svante will have on the city as well as across the Canada and globe.
“We make investments in companies like Svante because our government believes in a green future. We know it’s possible to get to net zero. We know it is possible to get to net zero while creating jobs. We know it is possible to get to net zero while also growing our economy… Together we can show the world that Svante, British Columbia, and Canada have what it takes to be leaders in carbon capture,” said Minister Sajjan, referring to last summer’s announcement from Ottawa that the Canadian Government would provide $25 million in funding for Svante’s carbon capture technology.
Brett Henkel, Svante’s Co-founder, and VP of Strategic Accounts & Government Affairs started the company in his garage in 2007. “Here, we’ll employ over 200 British Columbians and many more around the globe. We’ll be able to scale up our commercial manufacturing facilities to deliver filter modules that can capture millions of tonnes of carbon dioxide every year, both from the atmosphere and from industrial flue gas. I’m thrilled at the opportunity we have in front of us today... to make a real, global impact... To take action on climate change.”
Minister Kahlon commented on the importance of companies like Svante in helping the province achieve its economic and environmental goals, “This is a big day for Svante. It’s a big day for Burnaby. But it’s also a big day for British Columbia. Svante’s new Centre of Excellence for Carbon Capture and Removal is an outstanding example of innovation here in British Columbia. It’s also an outstanding example of the vision that we share: for building a clean and inclusive economy that works for all British Columbians.”
The Centre of Excellence for Carbon Capture and Removal will be Canada’s first-of-a-kind commercial-scale carbon capture and removal manufacturing facility, where Svante’s patented filter modules will be produced for the capture of carbon dioxide emissions from the atmosphere and from industrial flue gas.
To learn more about Svante, visit www.svanteinc.com
About Svante:
Svante is a carbon management solutions provider that offers companies in heavy-emitting industries a commercially viable way to capture and remove carbon emissions. The carbon we capture is then concentrated to >95% purity, which can be safely transported and stored underground or used for further industrial use in a closed loop.
Media Alert:
https://svanteinc.com/2022/06/07/media-alert/
Colleen Nitta
Director of Marketing & Communications
Svante
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604-970-2813
DALLAS--(BUSINESS WIRE)--Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its quarter ended March 31, 2022. The Company posted revenue of $927 thousand and net income of $725 thousand. These results compare to revenue of $422 thousand and net income of $154 thousand for the same quarter in 2021. The Company’s improvement in revenue and profitability resulted primarily from increased demand and prices for oil.
Amen also announced that the Company’s Board of Directors has approved the payment of a quarterly dividend of $10.00 per share. The dividend will be paid to shareholders of record on June 30 with a payment date of July 7.
Finally, Amen reiterated that its Board has approved a plan whereby the Company will no longer hedge the revenue stream associated with its oil and gas royalties. “Shareholders of Amen need to understand that they hold an un-hedged long oil and gas position and should pursue their own hedging strategy if they are uncomfortable with that risk,” said Kris Oliver, Amen’s Chief Financial Officer.
The Company’s 2022 first quarter report is available for viewing or download from the company’s web site – www.amenproperties.com.
About Amen Properties:
Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests.
Cautionary Statement:
This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words "expect," "project," "may," "might," potential," and similar terms. AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen's control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Press and Investor Relations Contact:
Kris Oliver
(972) 999-0494
BELOIT, Wis.--(BUSINESS WIRE)--#FMD--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized an agreement with The Ideal Electric Company (IDEAL), an American manufacturer of high-power, specialty electric motors, generators, and related equipment, to serve as IDEAL’s exclusive naval field service provider. FMD will provide maintenance and global field services for IDEAL’s motors and generators that are already installed or will be installed on naval ships worldwide.
“Fairbanks Morse Defense is constantly seeking new opportunities to expand the range of turnkey services that we can offer our marine defense customers and teaming up with The Ideal Electric Company to service their motors and generators while we’re already on board servicing our engines and other equipment makes this a great value add for the Navy,” said Jamie McMullin, President of FMD Services.
The agreement reinforces FMD’s ability to build, maintain, and service naval power and propulsion systems worldwide through six strategically located domestic centers and resources deployed globally.
“Fairbanks Morse Defense’s extensive field service network and focus on supporting naval customers coupled with The Ideal Electric Company’s legacy of rotating electric expertise and American-made product range is a perfect match for us. We are excited to leverage this in-place capability and provide unparalleled support to our customers when and where they need it,” said Nic Phillips, Vice President of IDEAL. “We see this as a great fit with two American manufacturers coming together, strengthening the domestic defense industrial base, and we feel confident that our customers will be well-served by FMD.”
For more than 100 years, FMD has provided products and services to the Navy. Today, the defense contractor powers more than 80% of the Navy’s ships with medium-speed applications. Similarly, Ideal Electric, a 119-year-old company, has installed generators that are connected to FMD’s backup power engines on many Navy ship classes.
In recent years, FMD has expanded its array of best-in-class marine technologies, OEM parts and turnkey services through expansion and the acquisitions of companies that include Federal Equipment Company (FEC), Hunt Valve, Maxim Watermakers, Research Tool & Die (RT&D), Ward Leonard, and Welin Lambie.
About Fairbanks Morse Defense (FMD)
Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For more than 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.
To learn more, visit www.FairbanksMorseDefense.com.
About The Ideal Electric Company
Founded in 1903, The Ideal Electric Company of Mansfield, Ohio, is a globally established, pioneering American manufacturer of electric motors and generators, converters, condensers, switchgear and control systems for all applications—including industrial, oil, gas and petrochemical, water and infrastructure, pulp and paper, air handling, marine, mining, power generation, and renewable energy. The company is headquartered in Houston, Texas and has more than 400,000 square feet of vertically integrated manufacturing for machines up to 50,000 horsepower.
For more information, visit www.theidealelectric.com.
Fairbanks Morse Media Contact:
Mercom Communications
Michelle Hargis
Tel: 512-215-4452
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Ideal Electric Media Contact:
Morgan Frederick
Marketing & Communications Associate
Tel: +1 (419) 520-3302
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LOS ANGELES--(BUSINESS WIRE)--Romeo Power, Inc. (“Romeo Power” or the “Company”) (NYSE: RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, is requesting that shareholders vote on the proposals contained within its Proxy filing prior to the Annual Meeting of Stockholders.
The Annual Meeting of Stockholders was originally scheduled for June 14, 2022, but was adjourned until June 30, 2022 to allow stockholders additional time to vote. Romeo Power is encouraging participation from all investors, big and small, in the voting process. Each shareholder’s participation helps the Company avoid costly additional adjournments and solicitations. Participation also ensures that your voice is heard on critical matters.
“We remain steadfast in our commitment to driving continuous growth for Romeo Power and its shareholders. This includes initiatives such as the relocation to our new Cypress facility to add more efficient manufacturing capacity and laboratory space, as well as the increased opportunity for expansion into new markets where our vehicle electrification capabilities are highly valued. Each of these initiatives have the ability to both grow and create value for Romeo Power and its shareholders. As we continue progressing our Company alongside the electrification of the broader market, we require your support on Proposal 6 to support both our future initiatives and current operations,” stated Susan Brennan, chief executive officer.
The items of which stockholders are being asked to vote on can be found in Romeo’s Proxy filing, available online under the SEC Filings section of the Company’s website at https://investors.romeopower.com/financials/sec-filings/default.aspx as well as in the Securities and Exchange Commission’s (SEC) EDGAR website at www.SEC.gov under the ticker symbol RMO. A majority of the votes received have been cast in favor of all proposals. However, while the approval rate for Proposal 6 was approximately 84% at the original Annual Meeting of Shareholders, there was not a sufficient quantity of individual votes cast necessary to approve Proposal 6, despite the significantly high approval rate. Romeo Power would like to emphasize the importance of Proposal 6 for the Company to continue to access necessary capital to fund its ongoing operations and pursue the key objectives to grow our business and drive value for shareholders.
In order for your vote to be represented, the Company must receive your voting instructions. For your convenience, please use any of the following methods to submit your vote:
If possible, please use either of the first two options to ensure your vote is captured in time for the meeting. Even if it is past the indicated deadline, the Company asks you to please submit your vote.
If you have any questions, please call Okapi Partners, Romeo Power’s proxy solicitor, toll-free at 1-877-274-8654. Representatives are available Monday - Friday 9:00 am to 9:00 pm (ET) and Saturday, 10:00 am to 5:00 pm (ET). The Romeo Power team would like to thank shareholders for their time, participation, and continued support.
About Romeo Power, Inc.
Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications. The Company’s suite of advanced battery electric products, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. To keep up with everything Romeo Power, please follow the Company on social media @romeopowerinc or visit www.romeopower.com.
Forward Looking Statements
Certain statements in this press release may constitute “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “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, including, without limitation, express or implied statements concerning Romeo Power’s ability to develop or sell new products, or to pursue customers in new product or geographic markets, Romeo Power’s expectations regarding its future financial performance, the demand for safe, effective, affordable and sustainable EV products, Romeo Power’s ability to produce and deliver such products on a commercial scale, and Romeo Power’s expectations that its customers will adhere to contracted purchase commitments on the currently expected timeframe 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 Romeo Power’s management’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: Romeo Power’s ability to execute on its plans to develop and market new products and the timing of these development programs; Romeo Power’s ability to increase the scale and capacity of its manufacturing processes; Romeo Power’s estimates of the size of the markets for its products; the rate and degree of market acceptance of Romeo Power’s products; the success of other competing technologies that may become available; Romeo Power’s ability to identify and integrate acquisitions; Romeo Power’s potential need for and ability to secure additional capital; the performance of Romeo Power’s products and customers; potential litigation involving Romeo Power; demand for battery cells and supply shortages; the potential effects of COVID-19; and general economic and market conditions impacting demand for Romeo Power’s products. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Company’s filings with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from those implied by our forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Romeo Power 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.
Source: Romeo Power Inc.
For Investors:
Joe Caminiti or Ashley Gruenberg
Alpha IR Group
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312-445-2870
The Award-Winning Sharrow Propeller Now Available Via Yamaha’s Extensive Worldwide Network
DETROIT--(BUSINESS WIRE)--Sharrow Marine announced today a new supply agreement between Sharrow Marine and Yamaha Marine Precision Propellers (YPPI). The terms of the agreement allow Sharrow Marine to manufacture its award-winning propellers in YPPI’s state-of-the-art facility and foundry in Greenfield, Ind. Yamaha will also be offering Sharrow Propellers through its boat builder and dealer distribution channels.
Yamaha will offer the Sharrow Propeller™ as a new option to more than 100 of the world’s leading boat builders and its network of more than 2000 dealers. The Sharrow propellers will have unique SKU numbers for Yamaha dealers to easily order for their customers.
“Yamaha has world-wide respect for the quality and dependability of its products. We’re proud to have the opportunity to manufacture our high-tech propellers in Yamaha’s new, state-of-the-art casting facility in Indiana,” said Greg Sharrow, CEO of Sharrow Marine. “We’re also excited to have access to the Yamaha distribution network, which will dramatically accelerate our efforts to deliver the Sharrow Propeller™ to boaters across the world.
Increasing demand for the Sharrow Propeller™ is rooted in the fact that the design offers a host of performance improvements including higher speed per RPM, better handling, reduced vibration, a stronger propeller structure, and is up to 30 percent more efficient than the industry-leading conventional propeller designs.
“Sharrow Marine’s choice of YPPI as a manufacturing and distribution partner underscores Yamaha’s leadership position in the casting industry,” said Jonathon Burns, General Manager, Yamaha US Marine Planning and Development. “Through YPPI and our new relationship with Sharrow Marine, Yamaha can offer boat builders, dealers and customers an even greater number of options when it comes to maximizing boat performance through propeller selection.”
The Sharrow Propeller™ has garnered widespread attention for its design that offers some of the largest improvements in fuel efficiency and performance that the boating industry has ever seen. Sharrow Marine won the coveted NMMA® Innovation Awards at the 2020 Miami International Boat Show.
YPPI, a division of the Yamaha U.S. Marine Business Unit, designs and builds stainless steel propellers for distribution around the globe for Yamaha Outboards. YPPI and Yamaha work together to design propellers to fit the thousands of different boat applications in the market. In total, YPPI manufacturers over 300 different propellers.
Sharrow Engineering, LLC, is a nautical and aeronautical engineering company dedicated to the research and development of revolutionary high-performance propulsion technologies for the maritime and aeronautical industries. Sharrow Engineering is the parent company for Sharrow Marine, LLC, and Sharrow Commercial Marine, LLC. Company offices are headquartered in Detroit, MI. Sharrow Engineering, LLC, has assembled a team of the world’s top aeronautical, nautical, aerospace, and mechanical engineers to assist with the company’s core mission to reinvent the methodologies and technologies used for propulsion in the 21st century.
Yamaha’s U.S. Marine Business Unit, based in Kennesaw, Ga., is responsible for the sales, marketing, and distribution of Yamaha Marine products in the U.S. including Yamaha Outboards, Yamaha WaveRunners®, Yamaha Boats, G3 Boats and Skeeter Boats. Supporting 2,400 dealers and boat builders nationwide, Yamaha is the industry leader in reliability, performance, technology and customer service.
To learn more about Sharrow Engineering and its innovative products, go to www.sharrowmarine.com
Media Contact: Matt Friedman 248-762-1430 This email address is being protected from spambots. You need JavaScript enabled to view it.
TORONTO--(BUSINESS WIRE)--Li-Cycle Holdings Corp. (“Li-Cycle” or the “Company”) (NYSE: LICY), announced today that it will host investor meetings during a non-deal roadshow with Citi on Tuesday, June 21, 2022, and at the BMO 2022 Chemicals & Packaging Summit on Wednesday, June 22, 2022.
An investor presentation related to these meetings will be made available on the Investor Relations section of the Company’s website at https://investors.li-cycle.com.
About Li-Cycle Holdings Corp.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.
Investor Relations
Nahla A. Azmy
Sheldon D’souza
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Press
Kunal Phalpher
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