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SITA ACQUIRES CCM TO BRING TO LIFE THE AIRPORTS OF THE FUTURE BY INTEGRATING TRAVEL TECH WITH HIGH-END DESIGN

This move strengthens SITA’s offering, integrating processes, tech and design under one end-to-end solution to better advise customers and deliver smarter, more efficient and better airports with smoother passenger experiences.

GENEVA, March 31, 2025 /PRNewswire/ — As airports invest heavily in automation, biometrics, security, self-service and personalized commercial services, terminal layouts must evolve alongside these innovations. The traditional model involving rows of check-in counters, static security areas, and inefficient passenger flows no longer makes sense. Instead, airports need seamless integration, where smart technology and intelligent design work together to reduce congestion and make the most out of every square meter.

SITA ACQUIRES CCM TO BRING TO LIFE THE AIRPORTS OF THE FUTURE BY INTEGRATING TRAVEL TECH WITH HIGH-END DESIGN
SITA ACQUIRES CCM TO BRING TO LIFE THE AIRPORTS OF THE FUTURE BY INTEGRATING TRAVEL TECH WITH HIGH-END DESIGN

With this in mind, SITA, the global leader in air transport technology, today announced the closure of the acquisition of CCM, headquartered in Milan, Italy, a world-renowned expert and leader in the design, production, and creation of airport interiors. This strategic move aims to redefine how airports function by seamlessly blending technology and interior design to create future-ready spaces.

CCM is synonymous with world famous high-quality Italian design in the airport space. It works with leading architects and designers to create efficient, functional, memorable, and stylish traveler experiences.

“This isn’t just about expanding airports,” said David Lavorel, CEO at SITA. “It’s about reimagining them. With CCM’s deep design and execution expertise, we’re transforming airports to maximize their existing footprint, optimize passenger flow, and create smarter, more flexible and valuable airport terminal environments that evolve with the changing needs of the industry.”

As the leader in passenger processing technology, SITA is at the forefront of managing airport space more efficiently. The industry’s transformation demands a new approach to space management, where traditional check-in counters are replaced with innovative designs that reflect modern travel habits.

“Building efficient, tech-enabled environments is crucial for the future of travel. Airports are not just transit points; they mark a moment in a journey, no matter the destination. By integrating our expertise, we bring to life the airports of the future – architecture that is built on tech solutions and driven by efficiency to improve the overall travel experience for passengers and the operations of airport staff,” said David Lavorel.

The acquisition of CCM adds valuable design and customer advisory elements to SITA’s existing technology, reinforcing its commitment to leading the future of air travel.

Sergio Colella, President, Europe at SITA, added:The market needs a fundamental shift— where technology and design work together to make airports smarter in using their space for more capacity and with flexibility to support the next generation of travel. That’s why we’re bringing CCM into the SITA family. By combining our technology and experience in airport operations with their deep understanding of design and space optimization, we are bringing to the market a unique ‘technology by design’ capability and end-to-end integration from design to operations, all in harmony since the conception of the idea.”

For 35 years under the management of the Marinoni family, CCM has worked on more than 300 airports worldwide, designing and delivering terminal spaces that balance efficiency, flexibility, and passenger experience. Now, with SITA’s expertise in passenger processing, baggage handling, and AI-driven airport operations, this acquisition will help airport customers integrate technology and design as a single go-to solution, something that was not available up to now.

According to the SITA 2024 Air Transport IT Insights report, 63% of airports are prioritizing self-service, biometrics, mobile apps, and IT spending has surged to $8.9 billion as airports focus on automation, AI, and digitalization. But these investments will only deliver their full impact if airports are physically designed to support them. Technology alone won’t fix congestion. It needs smarter layouts, frictionless movement, and an infrastructure that evolves with it.

Monica Oberti has been appointed interim CEO of CCM, bringing decades of extensive expertise in reshaping and repurposing spaces at large scale globally within CCM. Ms Oberti is a member of the founding Marinoni family.

“For too long, airports have had to choose between efficiency and passenger experience. Now, they don’t have to. By joining forces with SITA, we can finally bring together the best of both worlds – smart technology, intelligent design, and quality production. Together, we’re not just improving airports, we’re reshaping them for the future,” said Monica Oberti, Interim CEO of CCM.

SITA and CCM are moving fast to integrate their expertise, ensuring that existing customers experience no disruption in service, while opening up new opportunities to optimize their airport environments. The aviation industry is evolving at an unprecedented pace, and airports need solutions that don’t just help them catch up but allow them to get ahead.

 

Gartner® Names DXC Technology a Leader in the 2025 Magic Quadrant™ for Outsourced Digital Workplace Services

DXC recognized as a leader for third consecutive year, serving more than 700 customers across 68 countries 

ASHBURN, Va., March 31, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced it has been recognized by Gartner as a Leader in the Magic Quadrant for Outsourced Digital Workplace Services. The evaluation was based on specific criteria that analyzed 18 companies for overall Completeness of Vision and Ability to Execute.

DXC’s Modern Workplace Services include Modern Device Management, Support Services, Intelligent Collaboration and Asset Management, all of which are underpinned by an AI-driven Experience Platform. These solutions drive more than 15 hours of monthly productivity gains per user, reduce mean time to resolve issues by 50% and solve 50% of device issues before employee impact. DXC protects millions of devices and virtual desktops for over 700 customers around the world.  

“The best workplace is wherever people do their best work and DXC helps make that happen. Through our Modern Workplace offerings, we modernize how millions connect, create and achieve while optimizing productivity and delivering positive experiences,” said Chris Drumgoole, President, Global Infrastructure Services at DXC. “We believe being recognized by Gartner underscores our commitment to innovative workplace services that are AI-driven, seamless and improve operational efficiency and enhance resiliency.”

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of technology providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. According to Gartner, Leaders deliver their service solutions skillfully, have a clear vision of the direction of the service market, and are actively building and improving their competencies to sustain their leadership positions.

View a complimentary copy of the Magic Quadrant report to learn more about DXC’s strengths and cautions, among other provider offerings.

For more information on DXC’s Modern Workplace Services, visit https://dxc.com/us/en/offerings/modern-workplace  

Gartner Disclaimer

Gartner, Magic Quadrant for Outsourced Digital Workplace Services, Karl Rosander, Matt Baldino, Biswajit Maity, Andrea Lanzavecchia, Katja Ruud, and Sieber, 28 March 2025.

Gartner is a registered trademark and service mark and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

Angelena Abate
Media Relations
+1-646-234-8060
angelena.abate@dxc.com  

Roger Sachs
Investor Relations
+1-201 259-0801
roger.sachs@dxc.com 

Ash Creek Renewables Expands Global Reach with Exclusive Camelina Seed Licenses & “Forks and Fuels” Initiative

GREAT FALLS, Mont., March 31, 2025 /PRNewswire/ — Ash Creek Renewables (“Ash Creek” or the “Company”), a platform dedicated to developing renewable fuel feedstock solutions and a portfolio company of Tailwater Capital LLC (“Tailwater”), today announced it has secured exclusive licensing rights from Montana State University for a new high-performance Camelina seed variety. Camelina is a low-carbon crop that grows with minimal inputs, supports soil health, and provides farmers with an additional revenue stream while integrating into existing agricultural systems. It is increasingly sought after as feedstock for sustainable aviation fuel (SAF) and biomass-based diesel, offering a scalable solution to meet the growing demand for renewable fuels. This breakthrough marks a significant step forward in Ash Creek’s “Forks and Fuels” initiative, which advances the use of Camelina as a scalable, low-carbon feedstock for renewable fuels and biodegradable materials.

With the new seed license, Ash Creek is expanding its Montana-based growing operations in 2025 following its success in 2024. The company has also expanded internationally, launching Camelina planting efforts in Argentina with its partner Elementa Foods while exploring additional low-carbon feedstock opportunities.

“This license is a game-changer for Ash Creek,” said John Cusick, CEO of Ash Creek. “It enables us to scale production while driving innovation in sustainable agriculture and the circular economy.”

Ash Creek is also expanding its Camelina processing operations and establishing an office in Montana through a strategic collaboration with Ag Processing Solutions, Inc.  This facility will support increased production of Camelina meal and oil, accelerating Ash Creek’s ability to deliver high-quality feedstock for biofuels and sustainable bioplastics.

As part of its biodegradable solutions initiative, Ash Creek has developed proprietary formulations to convert Camelina meal into bioplastics, offering industries, such as aviation, cruise lines, and food service, an affordable and eco-friendly alternative to traditional single-use plastics.    

“Airlines are highly focused on common sense sustainability, and Ash Creek provides scalable solutions for airlines’ fuel and plasticware challenges,” said Cusick.

Ash Creek’s “Forks and Fuels” initiative embodies its broader vision for sustainability, demonstrating how a single crop, Camelina, can power multiple industries.

  • Camelina oil is a scalable, low-carbon-intensity feedstock for renewable fuel and sustainable aviation fuel (SAF), reinforcing the aviation sector’s efforts to reduce emissions.
  • Camelina meal is transformed into compostable bioplastics, reducing single-use plastic waste and creating a closed-loop system that benefits both industry and the environment.

With these advancements, Ash Creek is reshaping the future of renewable feedstocks, reinforcing its commitment to scalability, innovation, and sustainability across agriculture, energy, and industrial materials.

About Ash Creek Renewables

Ash Creek Renewables is a platform dedicated to developing renewable fuel feedstock solutions to meet the demands of the growing renewable fuels market. The company serves North American renewable diesel and sustainable aviation fuel producers through its feedstock marketing, distribution, pretreatment and logistics operations. For more information, please visit www.ashcreekrenewables.com.

About Tailwater Capital

Dallas-based Tailwater Capital is an energy and environmental infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $4.9 billion in committed capital since inception, and the team has executed more than 235 transactions representing over $26 billion in value. For more information, please visit www.tailwatercapital.com.

Contact
Jill McMillan
Managing Director, Communications & Public Affairs
Phone: 214-489-7047
Email: jmcmillan@tailwatercapital.com

John Schaufele
Managing Director, Investor Relations & Fundraising
Phone: 214-489-7043
Email: jschaufele@tailwatercapital.com

Forward-Looking Statements
Includes non-Tailwater controlled capital pursuant to the Tailwater-led management buyout processes for which Tailwater provides management-related services.

 

Eoptolink Demonstrates 1.6T LRO Modules at OFC 2025

SAN FRANCISCO, March 31, 2025 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, is demonstrating its 1.6T LRO transceiver operating at 212Gb/s per lambda during OFC 2025.

Linear Receive Optics (LRO) are optical transceivers that use retimers at the transmit side and linear receivers on the receive side. Other names for the same approach are Transmit Retimed Optics (TRO) or Retimed Transmit Linear Receive (RTLR) optics.

By removing the DSP in the receive path, the power consumption of the optical transceiver is reduced by about 30%. The thermal design of the host system is significantly simplified, and the overall system power requirements are reduced.

“LRO is a middle way between Linear Pluggable Optics (LPO) and fully retimed optics”, explains Dirk Lutz, Distinguished Engineer, Eoptolink Technology Inc., Ltd. “The TP2 and TP3 compliance on the optical side together with reduced power consumption is very attractive to system vendors and end customers. Additional benefits are faster qualification and testing processes as well as increased interoperability with legacy optics.”

We will be showing live demonstrations of a 1.6T, 800G, LPO, LRO and MCF optical transceiver solutions, at the Eoptolink booth #2943 at OFC 2025, San Francisco, CA and welcome to visit us.

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502) is a leading innovator and provider of advanced optical transceiver solutions for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI/ML Cluster, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

USA:           3191 Laurelview Court, Fremont, CA 94538
Thailand:     390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110
China(HQ):  No.510 Wulian Avenue, Chengdu 610200
E-mail:         sales@eoptolink.com 

Eoptolink Unveils Industry-First 800G Optical Transceiver for Multicore Fiber at OFC 2025

SAN FRANCISCO, March 31, 2025 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, is demonstrating industry’s first 800G optical transceiver supporting Multicore Fiber (MCF) at OFC 2025.

The exponential growth of AI workloads is driving an unprecedented demand for bandwidth within data centers necessitates deploying vast amounts of fiber optics cables, creating significant operational challenges such as increased complexity in cable management, higher installation and maintenance costs. Multicore fiber (MCF) refers to an optical fiber that contains multiple light guiding cores within a single strand of optical fiber. Thus, reducing the total fiber count and saving the installation space.

Unlike existing solutions that require external single-core-to-multicore converters, Eoptolink’s innovative 800G transceiver connects directly to MCF. Thus, significantly eases MCF deployment in the datacenter.

“Eoptolink continues to lead the way in optical transceiver innovation, delivering solutions that tackle key industry challenges,”, explains Supriyo Dey, VP of Business Development, Eoptolink Technology Inc., Ltd. “We sincerely thank Sumitomo Electric for providing MCF and related connectivity, which have enabled us to develop this groundbreaking transceiver.

We will be showing live demonstrations of a 1.6T, 800G, LPO, LRO and MCF optical transceiver solutions, at Eoptolink’s booth #2943 at OFC 2025, San Francisco, CA. We welcome you to visit us.

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502) is a leading innovator and provider of advanced optical transceiver solutions for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

USA: 3191 Laurelview Court, Fremont, CA 94538
Thailand: 390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110
China(HQ): No.510 Wulian Avenue, Chengdu 610200
E-mail: sales@eoptolink.com

JarnisTech’s Chongqing Smart Factory Goes Live: AOI Technology Boosts PCB Inspection Efficiency by 600%

SHENZHEN, China, March 31, 2025 /PRNewswire/ — Against the industrial backdrop of surging demand for 5G-A and AI servers, high-end PCB manufacturer JarnisTech announced the official put into production of its Chongqing smart factory. The factory redefines the standard for intelligent manufacturing of high-precision electronic components through an advanced AOI in-line scanning system that increases board quality inspection efficiency to six times that of traditional manual inspection.

JarnisTech's Smart Factory
JarnisTech’s Smart Factory

The smart automated factory is equipped with 25-micron resolution 2D camera systems capable of analyzing 1,800 boards hourly per unit – each requiring only one operator. The proprietary AOI technology examines 2,000+ detection points per board within 0.2 seconds, enabling 99.98% yield rates for complex 72-layer backplanes and slashing average delivery cycles to 72 hours.

“Where traditional PCB plants struggle with labor-intensive quality checks, our closed-loop automation ensures military-grade precision at commercial production speeds,” said Xu, Production Director at JarnisTech. The facility’s 18 international certifications including IPC Class 3 and IATF16949 have secured its position in multiple Fortune 500 tech vendors’ approved supplier lists.

The factory’s dedicated R&D center is accelerating innovation in specialty circuit boards, including cutting-edge products like 100Gbps transmission backplanes and aerospace-grade circuits capable of withstanding 300°C extremes. Its fully-equipped laboratory features advanced testing instruments including ROHS analyzers, enabling 90% of inspection items to be completed within four hours – providing rapid verification support for emerging applications such as medical stretchable flexible circuits.

With 68% fewer personnel than conventional PCB factories, the 300-employee plant delivers $214 million annual output while maintaining 48-hour rush order capabilities.

“This isn’t just scaling production, but reengineering value chains,” emphasized JarnisTech’s CTO. “We transform PCB procurement from cost centers into technical differentiators – clients report 12-15% margin improvements through our engineered solutions.”

About JarnisTech
JarnisTech is a leading high-end specialty PCB manufacturer in China, specializing in high multilayer PCBs, high frequency/high speed PCBs such as Rogers RO4835™, Isola I-Tera® MT40, Taconic RF-35A2™, and others. With precision capabilities such as 22-layer HDI and ±5% impedance control, the company provides complete PCB solutions for high-end electronics industries such as automotive radar, 5G base station AAU, aerospace and medical electronics.

Contact for the press
Cyndi Xiong
Marketing manager
JarnisTech
Phone: +86 135 3094 7255
Email: sales@jarnistech.com 

Learn more at www.jarnistech.com

 

Luye Pharma’s Rivastigmine Twice Weekly Transdermal Patch Approved for Marketing in Japan for the Treatment of Alzheimer’s Dementia

TOKYO, March 31, 2025 /PRNewswire/ — Luye Pharma Group today announced that marketing approval for its innovative formulation Rivastigmine Twice Weekly Transdermal Patch has been granted by the Japanese Ministry of Health, Labour and Welfare as a new drug, indicated for suppression of progression of dementia symptoms in mild to moderate Alzheimer’s disease. The product is to be marketed as Rivaluen® LA Patch 25.92mg/51.84mg. It is the first extended-release Rivastigmine transdermal formulation approved for marketing in the country.

Developed by Luye Pharma on its proprietary platform for transdermal patches, Rivaluen® LA Patch 25.92mg/51.84mg employs an innovative drug delivery system to release the active ingredient, rivastigmine, transdermally twice a week. This approval is based on the positive results of a Phase Ⅲ clinical trial conducted in Japan for patients with Alzheimer’s type dementia which met the primary efficacy endpoint.

Alzheimer’s disease is a neurodegenerative disease that causes a progressive decline in memory and other aspects of cognition. It is the most common type of dementia, accounting for 50%-75% of all cases[1]. According to statistics, there are over 55 million people living with dementia worldwide[2], and that number is over 5 million in Japan. The lifetime risk of dementia in the Japanese elderly population is over 50%, and more than half of all dementia cases are caused by Alzheimer’s disease[3].

One of the early symptoms of Alzheimer’s type dementia is said to be a decline in the ability to manage medication, and the choice of orally disintegrating tablets or patches has been suggested as a way to improve adherence[4]. Rivastigmine Twice Weekly Transdermal Patch requires a lower application frequency than the once-daily Rivastigmine patches generally available on the market, thereby enabling improved medication adherence among patients. Due to its transdermal route of administration, Rivastigmine Twice Weekly Transdermal Patch is convenient for patients who have difficulty swallowing, and may have the potential to lower the incidence of gastrointestinal adverse reactions such as nausea and vomiting when compared with the oral form of the drug.

To expedite the availability of this innovative treatment for Japanese patients, Luye Pharma entered into an agreement with Towa Pharmaceutical Co., Ltd. (Towa) in December 2020, granting the latter an exclusive license for the development and commercialization of Rivastigmine Twice Weekly Transdermal Patch in Japan. Established in 1951, Towa is a prominent pharmaceutical company in Japan with multiple products in the central nervous system therapeutic area in addition to strong commercial capabilities and a robust operational system in the local market. Luye Pharma looks forward to maintaining close collaboration with Towa to deliver high-quality, innovative drugs as well as services and technologies to those in need.

In addition to Japan, Rivastigmine Twice Weekly Transdermal Patch has been approved for marketing in multiple European countries and China. Furthermore, Luye Pharma is also registering the product with local partners in selected countries of Southeast Asia and Latin America.

Product Overview of the Rivastigmine Twice Weekly Transdermal Patch for the Japanese Market

Product name

RIVALUEN® LA Patch 25.92 mg

RIVALUEN® LA Patch 51.84 mg

Nonproprietary name

Rivastigmine

Indication or efficacy

Suppression of progression of dementia symptoms in mild to moderate Alzheimer’s disease

Dosage and administration

In general, for adults, administer 25.92 mg of Rivastigmine as a starting dose. Increase to 51.84 mg as a maintenance dose four weeks later in principle.

Apply the patch to normal healthy skin on the back, upper arm, or chest. In principle, apply a patch for four days at start and replace the patch every three or four days (twice weekly).

About Luye Pharma Group

Luye Pharma Group is an international pharmaceutical company dedicated to the R&D, manufacturing and sale of innovative medications. The company has established R&D centers in China, the U.S. and Europe, with a robust pipeline of over 20 drug candidates in China and more than 10 drug candidates in other international markets. Luye Pharma maintains high-level international standards in novel drug delivery technologies including microspheres, liposomes, and transdermal drug delivery systems. The company has achieved multiple innovations in new chemical entities and antibodies, and is also actively making strategic developments in the fields of cell therapies and gene therapies.

Luye Pharma is developing a global supply chain of 8 manufacturing sites built up around the world, with GMP quality management and control systems established in line with international standards. With more than 30 products covering the central nervous system, oncology, cardiovascular, metabolism and other therapeutic areas, business is conducted in over 80 countries and regions around the world, including the largest pharmaceutical markets — China, the U.S., Europe and Japan, as well as in fast growing emerging markets.

[1] https://www.alzint.org/about/dementia-facts-figures/types-of-dementia/alzheimers-disease/. accessed on March 27, 2025.

[2] https://www.who.int/news-room/fact-sheets/detail/dementia. accessed on March 27, 2025.

[3] T. Iwatsubo, Y. Niimi, H. Akiyama. Alzheimer’s Disease Research in Japan: A Short History, Current Status and Future Perspectives toward Prevention. J Prev Alz Dis 2021;4(8):462-464.

[4] “Guidelines for Medical Treatment and Its Safety in the Elderly 2015,” compiled by the Japan Geriatrics Society and the Research Group on the Japan Agency for Medical Research and Development (AMED) Fund and Research on the Safety of Drug Therapy for the Elderly

NYSE Content advisory: Pre-market update + NYSE Texas opens for business with DJT as its first listing

NEW YORK, March 31, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Pre-market update + NYSE Texas opens for business with DJT as its first listing

Kristen Scholer delivers the pre-market update on March 31st

  • It’s the final trading day of the first quarter with President Donald Trump’s reciprocal tariffs due Wednesday, April 2. 
  • NYSE Texas opens for business as the first securities exchange to be incorporated in the Lone Star State. “This new offering will allow companies to capitalize on the pro-business dynamics in Texas,” NYSE President Lynn Martin said.
  • Trump Media and Technology Group is set to become the first company to trade on NYSE Texas in a dual listing for the firm with ticker symbol DJT.

Click here to learn more about NYSE Texas

Video – https://mma.prnasia.com/media2/2654069/NYSE_March_31_Market_Update.mp4