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Day: March 4, 2022

Global Tunnel Boring Machines Market to Gather Momentum; Sirius Minerals Launched the First 1,800 Ton Tunnel Boring Machine in Europe: Fortune Business Insights™

Prominent Players Covered in the Tunnel Boring Machines Market Are Robbins Company, Komatsu, Ishikawajima-Harima, Herrenknecht AG, Qinhuangdao Tianye Tolian Heavy Industry Co. Ltd., Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Hitachi Zosen Corporation, Terratec Ltd. Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The global tunnel boring machines market size is slated to swell considerably as major economies ramp up their spending on infrastructure. Investment in infrastructural development provides indications about a nation’s economic health as these investments are considered vital to create employment opportunities. Emerging economies are intensely formulating policies and plans of action to attract investment in infrastructure projects. For instance, in December 2019, the Finance Minister of India announced...

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Vehicle Tracking Device Market to Witness Huge Growth Opportunities; Aeris Launching Vehicle Tracking IoT platform Will Expand Market: Fortune Business Insights™

Companies Profiled in the Market Are Orbocomm Inc., Calamp Corporation, Concox Wireless Solution Co., Ltd., TomTom International BV, Sierra Wireless Inc., ATrack Technology Inc., Trackimo LLC., Meitrack Group, Geotab Inc., Laird PLC Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The global vehicle tracking device market size is anticipated to expand on account of the increasing use of GPS technology in the logistics sector. This information is published in Fortune Business Insights™, latest upcoming report, titled “Vehicle Tracking Device Market Size, Share & Industry Analysis, By Type (OBD Device, Standalone Tracker, Advance Tracker), By Deployment Vehicle (Commercial Vehicle, Cargo Vehicle, Container Vehicle), By Industry (Metals & Mining, Transportation, Logistics and Construction, Others) and Regional Forecast, 2019-2026.”Request...

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Quantum Computing Market to Grow Exponentially; Increasing Product Applications to Generate Remunerative Market Opportunities: Fortune Business Insights™

Companies Covered in Quantum Computing Market IBM Corporation (New York, U.S.), D-Wave Systems Inc. (Burnaby, Canada), Cambridge Quantum Computing Ltd. (Cambridge, U.K.), Intel Corporation (California, U.S.), Rigetti & Co, Inc. (California, U.S.), Google LLC (California, U.S.), Quantica Computacao (Tamil Nadu, India), Zapata Computing (Massachusetts, U.S.), XANADU (Toronto, Canada), Accenture Plc. (Dublin, Ireland) Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The global Quantum Computing Market size was USD 392.5 million in 2020. The market is expected to grow from USD 486.1 million in 2021 to USD 3,180.9 million in 2028, exhibiting a CAGR of 30.8% during the forecast period. Increasing product applications and incorporating artificial intelligence (AI) and machine learning (ML). Fortune Business Insights™ presents this...

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5G IoT Market to Exhibit Commendable Growth Owing to Increasing Adoption of Industry 4.0, reports Fortune Business Insights™

Companies Profiled in the 5G IoT Market Report: Nokia, BT, Bell Canada, Telefonaktiebolaget LM Ericsson, Juniper Networks, Inc, Qualcomm Technologies, AT&T, Intellectual Property, Huawei Technologies Co., Ltd, Others Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The global 5G IoT market size is anticipated to rise significantly in the forecast duration on account of the increasing demand for IoT connected devices worldwide. IoT services have been widely adopted by all residential, commercial, and industrial sectors in the past few years. An upcoming report by Fortune Business Insights titled, “5G IoT Market Size, Share & Industry Analysis, By Technology (5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture), By Type (Short-Range IoT devices, Wide-Range IoT devices), By Industry (Manufacturing,...

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Mobile Energy Storage System Market to Flourish Rapidly; Global Surge in the Demand For Electricity and Power to Fuel the Market: Says Fortune Business Insights

Leading Manufactures in Mobile Energy Storage System Market are Edison Energy, Greener, RES, LG Chem, Panasonic, NEC Energy Solutions, NRG Energy, Amperex Technology Limited (ATL), Boston-Power, China Aviation Lithium Battery Co. Ltd, Greenchoice, GE Renewable Energy, Aquion Inc., aft, Delta Electronics Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The mobile energy storage system market size is anticipated to grow due to the increasing global power and electricity consumption. Fortune Business InsightsTM has presented this information in its upcoming report titled, “Mobile Energy Storage System Market, 2022-2029”. Furthermore, a mobile energy storage system is a stand-alone unit utilizing renewable energy to offer power backup in high-demand regions. It is modular and can be connected to the power grid. They generate electricity...

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Power Quality Meter Market to Foresee Fast Growth; Increasing Industrial Growth Across the Developed and Developing Regions to Drive Market Growth: Says Fortune Business Insights

Companies Profiled in Power Quality Meter Market are ABB Ltd, Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation, Plc, General Electric Company, Active Power Inc., MTE Corporation, Smith’s Group plc., Toshiba Corporation Pune, India, March 04, 2022 (GLOBE NEWSWIRE) — The power quality meter market size is anticipated to flourish due to the increasing consumption of power. Fortune Business InsightsTM has presented this information in its upcoming report titled, “Power Quality Meter Market, 2022-2029”. A power quality meter is an excellent solution when continuous monitoring of a three-phase system is necessary. Voltage, current, cost of power, authentic and reactive intensity, energy use, power factor, and frequency are all measured with the help of the meter. The ability of electrical equipment to use...

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Alkaline Fuel Cell Signs Definitive Agreements to Acquire AI Renewable’s CHP Business

VANCOUVER, British Columbia, March 04, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a company engaged in the development and production of alkaline fuel cell heat and power systems for residential, industrial and commercial markets worldwide, is pleased to announce that it has entered into definitive agreements to acquire (the “Transaction“) 100% of the Combined Heat and Power (CHP) generation business (the “AI Business“) of AI Renewable 2018-I Limited Partnership, AI Renewable 2020-I Limited Partnership and 2191 Yonge Ltd. (collectively, “AI”). AI uses a clean and renewable single fuel source energy technology that generates both electricity and heat. The stable and efficient energy production results...

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Correction: EV Battery Tech Provides Further Comments on Recent Market Activity

Vancouver, B.C, March 03, 2022 (GLOBE NEWSWIRE) — Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (OTCQB: CRYBF) provides further clarity on recent market activity. Further to the news release dated February 25, 2022, the Company has reached out to its service providers and third-party service providers may have, directly or indirectly, been involved with the creation, distribution, or payment of promotional materials related to the Company. On behalf of the Company, Bryson GoodwinChief Executive Officer About Extreme Vehicle Battery Technologies Corp. Extreme Vehicle Battery Technologies is a blockchain and battery technology company with revolutionary, patented battery management systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing electric vehicle...

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Nokia selected by Indosat Ooredoo Hutchison as prime supplier in multi-year network expansion deal

Press Release Nokia selected by Indosat Ooredoo Hutchison as prime supplier in multi-year network expansion dealNokia’s solution will help Indosat Ooredoo Hutchison expand its 4G coverage while paving the way for the continuation of 5G deployment in the near future 4 March 2022 Espoo, Finland – Nokia today announced that it has been selected by Indosat Ooredoo Hutchison (IOH) as the principal vendor to deploy and expand its 4G and 5G network across Indonesia in a three-year deal. The comprehensive deal, which will see Nokia provide solutions from its latest AirScale portfolio, will cover an area of 1.4 million square kilometers including Sumatra island, Kalimantan island, Central Java and Surabaya city. The project will support Indosat Ooredoo Hutchison’s ambitions to become the most preferred digital telco in the country by...

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DMG Announces Preliminary Q4 2021 Revenue Guidance of $3.5 – $4 Million

VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, has released select preliminary revenue guidance for the three-month period ending Sept. 30, 2021 (fourth quarter). All financial information in this press release is unaudited and reported in Canadian dollars unless otherwise indicated. Driven by receipt of new crypto miners late in Q4, DMG’s mining capacity increased resulting in an expected consolidated revenue for Q4 2021 to be in the range of $3.5 – 4 million, compared with $1.7 million in Q3 2021, an approximately 50-55% increase quarter over quarter. The Company expects to file its audited financial statements and accompanying...

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