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Month: August 2023

Exor becomes a long-term investor in Philips supporting the company’s strategy

A Philips Azurion Image-Guided Therapy system in usePhilips CT scanner operated by doctor and tech support in the control roomA nurse reassuring a child and mother before the MRI exam by means of Pediatric CoachingA nurse using EPIQ Elite Ultrasound systemMother and kid brushing with the new Sonicare for Kids PetsAugust 14, 2023 Joint announcement from Philips and Exor Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of Philips’ leadership, strategy and value creation potential and provides for...

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TGS Secures Funding for a Series of Multi-client Programs in Southeast Asia

OSLO, Norway (14 August 2023) – TGS, a leading global provider of energy data and intelligence, announces that it has secured funding for a series of multi-client projects in Southeast Asia, which are anticipated to commence in late Q4 2023. The program covers six months of new 2D and 3D seismic data acquisition, over 6,600 kilometers of legacy 2D seismic data reprocessing and 300,000 square kilometers of 2D-cubed processing, tied together by a Facies Map Browser (FMB) product that enables fast-track exploration of a regional hotspot. These projects complement TGS’ existing library across India, Bangladesh, Indonesia, Malaysia, and Timor-Leste, encompassing 18,450 kilometers of 2D data, 70,237 square kilometers of 3D data, and 1,940,030 square kilometers of 2D-cubed data. Kristian Johansen, CEO at TGS, commented: “This program demonstrates...

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EPH European Property Holdings PLC Suggests Amendments to the Terms of its Listed Bonds

14th August 2023, Nicosia, Cyprus I Ad hoc announcement pursuant to Art. 53 LR EPH European Property Holdings PLC (the “Company” or “EPH”) has decided to suggest to the holders of the Company’s bonds with ISIN CH1177844367 and ISIN CH1177348278 and with a total nominal value of EUR 244,350,000 to amend certain terms of these bonds:Replacement of the current interest rate of 2.00 % p.a. with an interest rate of 4.50% p.a.; and A term prolongation of 5 years of the Bonds until 30 September 2028The bondholders are requested to consent or reject the suggested amendments until 8th September 2023. Subject to having received consents by all bondholders the amendments to the Terms of the Bonds shall become effective on 1st October 2023.EPH EUROPEAN PROPERTY HOLDINGS PLC is an investment company listed on SIX Swiss Exchange and holds a...

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Harju Elekter won Eesti Energia tender

AS Harju Elekter, a subsidiary of AS Harju Elekter Group, won the tender of Eesti Energia AS for the supply of prefabricated substations, distribution points, and equipment. Contracts are concluded after the dispute period has passed. Framework agreements with a total value of 115 million euros will be concluded with Elektrilevi OÜ for 36 months, with the option to extend by 24 months. Under the agreements, goods will be supplied to other companies within the Eesti Energia Group, as well as to contract partners of Elektrilevi OÜ and Enefit Connect OÜ. Eesti Energia is an international energy company that provides people with beneficial and convenient energy solutions, while continuously producing energy in a more environmentally friendly manner. Eesti Energia’s domestic market extends from Finland to Poland. Elektrilevi is the largest...

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Air Ambulance Services Market to Worth USD 9.83 Bn by 2030 | Fortune Business Insights™

The global Air Ambulance Services Market covered major segments By Aircraft Type (Fixed Wing and Rotary Wing), By Service Operator (Hospital-based, Independent, and Government), By Application (Inter-Facility, Rescue Helicopter Service, Organ Transplant Logistics, Infectious Disease Service, Neonatal and Pediatric Transport, and Others), and Region. Pune, India, Aug. 14, 2023 (GLOBE NEWSWIRE) — The global air ambulance services market size was USD 5.84 billion in 2022 and is estimated to surge from USD 6.45 billion in 2023 to USD 9.83 billion by 2030, exhibiting a CAGR of 6.2% over the study period. The rise is driven by the increasing product deployment in the event of medical emergencies such as strokes, respiratory diseases, pregnancy complications, heart attacks, end-of-life cases, traumatic injuries, and others. Fortune Business...

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Optical Satellite Communication Market to Worth USD 5.12 Bn by 2030 | Fortune Business Insights™

The global Optical Satellite Communication Market covered major segments By Laser Type (YAG Laser, Silex Laser, CO2 Laser, Others), By Application (Telecommunication, Tracking & Monitoring, Surveillance & Security, Space Exploration, Earth Observation, and Others), By Component (Transmitter, Receiver, Antenna, Modular, and Others), and Region. Pune, India, Aug. 14, 2023 (GLOBE NEWSWIRE) — The global optical satellite communication market size was valued at USD 1.51 billion in 2022 and is projected to grow from USD 1.77 billion in 2023 to USD 5.12 billion by 2030, exhibiting a CAGR of 16.4% during the forecast period. Data relay satellites prominently use optical communication, which drives the market growth. For remote sensing, earth observation, and other data, countries such as China, Japan, Russia, and the U.S., have...

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LiDAR Market to Worth USD 7.94 Billion by 2030 | With Striking 19.3% CAGR

The key companies covered in LiDAR market are FARO Technologies, Inc. (U.S.), Hexagon AB (Sweden), Innoviz Technologies Ltd. (Israel), LeddarTech Inc. (Canada), Leica Geosystems (Switzerland), Ouster Inc. (U.S.), Sick AG (Germany), Teledyne Technologies (U.S.), Trimble Inc. (U.S.), Valeo S.A. (France), and more players profiled. Pune, India, Aug. 14, 2023 (GLOBE NEWSWIRE) — The global LiDAR market size was valued at USD 1.90 billion in 2022 and is anticipated to expand from USD 2.31 billion in 2023 to USD 7.94 billion by 2030, exhibiting a CAGR of 19.3% during the estimated period. The growth is due to the increasing demand for automated cars for gathering accurate data. The technology is extensively deployed in surveying, mapping, and infrastructure planning. Fortune Business Insights™ provides this information in its research...

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North America Vegetable Oils Market to Surpass 13.65 Billion by 2030 Drives Due to Growing Awareness of Sustainability

SkyQuest projects that the North America vegetable oils market will attain a value of USD 13.65 billion by 2030, with a CAGR of 6.7% over the forecast period (2023-2030). Vegetable oils or vegetable fats are extracted from various plant sources, including seeds, nuts, cereal grains, or fruits in the North America vegetable oils market. These oils are crucial in the food industry, extensively used for cooking and baking. They not only provide flavor and richness to food products but also contribute to improving their texture and mouthfeel. Westford, USA, Aug. 13, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, consumers are actively seeking healthier and more sustainable alternatives to animal-derived products such as butter and lard with a surge in health concerns and a growing awareness of sustainability. This shift in consumer...

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Hexagon Purus signs long-term agreement with a major North American OEM for complete vehicle integration of battery electric heavy-duty vocational vehicles

(Oslo, 14 August 2023) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has signed a long-term agreement with a major North American OEM to provide complete vehicle integration of battery electric vocational trucks in North America. The scope of this agreement is for complete vehicle integration of battery electric vocational trucks with Hexagon Purus’ proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and vehicle-level software. These vocational trucks will be compliant with, amongst other, the Advanced Clean Truck regulation in California, which requires all truck manufacturers and distributors to have an incrementally higher zero-emission vehicle content when selling in California from 2024 and onwards. The contract will run from 2024 and...

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Verizon makes progress on Maui network restoration

Temporary network equipment arrives to help with service; free charging and bottled water available to customers of any carrier at Verizon’s Pu`unene store in Kahului For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Verizon service has been restored along Hwy-37 in Ulupalakua and Keokea and to the Upcountry Temporary network assets are being deployed to shore up service in some areas until permanent repairs can be completed Verizon is providing free device charging and bottled water to customers of any provider at the Verizon store located at the Puunene shopping center in KahuluiHONOLULU, Aug. 12, 2023 (GLOBE NEWSWIRE) — While crews are gaining...

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