24 C
Vientiane
Wednesday, April 30, 2025
spot_img
Home Blog Page 298

FELDSPAR TAKES MAJOR STEP TOWARDS CREATING WORLD’S FASTEST AND SMARTEST RUNNING TRACK

  • Feldspar successfully completes the first functional prototype of its sensor-enabled, high-performance track, marking a historic leap in sports flooring technology.
  • Early testing with some of the UK’s fastest young athletes shows Feldspar’s track to be 20% more efficient*, making it significantly faster than the Paris Olympic track.
  • For the first time, the prototype will capture real-time performance metrics cost-effectively, including stride length, foot placement, and direct force measurement from athlete footsteps, making live and scalable data collection possible.

LONDON, March 28, 2025 /PRNewswire/ — Feldspar Limited [“Feldspar”], the UK-based technology company, today announced the successful completion of early-stage testing of the first functional prototype of a sensor-enabled, high-performance running track. This cutting-edge innovation, powered by AI and real-time data analytics, is set to redefine track technology, providing both physical advantages for athletes and data-driven insights for coaches, broadcasters, and fans.

 

Feldspar takes a major step towards creating the world’s fastest and smartest running track

The prototype’s patent-pending technologies** convert directional force from a vertical to a horizontal momentum, and allow athletes to achieve more bounce and propel forward when their feet hit the track. The track will offer them approximately 20% more energy return, compared to traditional track surfaces, including the Paris Olympic track, and it is anticipated to be approximately 20% faster, subject to athlete ability and external conditions.

In elite athletics, where even a 2-4% gain can make a visible and measurable difference in performance, this breakthrough has the potential to represent a major performance advantage.

Feldspar’s innovative energy conversion technology helps athletes run faster while using less power. At the same time, they experience reduced impact on their body, enabling them to focus on technique rather than raw power. Further, the technology also contributes to lowering their fatigue and minimising injury risk, ultimately supporting longer, more sustainable seasons.

Early tests with some of the UK’s most promising young athletes have demonstrated clear benefits: increased speed, improved propulsion and reduced fatigue. These gains translate into more efficient movement, longer and more intensive training sessions, and better endurance during high-intensity sprints.

For the first time, the Feldspar prototype will capture real-time performance metrics cost-effectively, including stride length, foot placement, and direct force measurement from athlete footsteps, making live and scalable data collection possible.

Integrated seamlessly into a cloud-based analytics system, the track delivers instant feedback loops to athletes and coaches, optimising strategies from injury foresight and prevention to maximising training efficiency. By democratising these world-class insights, Feldspar is making them accessible to everyone – not just elite athletes – and providing an entirely new layer of engagement for fans and broadcasters at live sports events.

Unlike traditional tracks, Feldspar’s modular design enables a faster and more cost-effective deployment, giving sports event organisers a dynamic, portable solution that can be installed in different locations with greater efficiency than ever before. 

Following the successful completion of its prototype, Feldspar is now accelerating development to bring this groundbreaking sports flooring technology to market. The company is actively engaging with industry partners, governing bodies, sports federations and clubs, to explore commercial applications of its product. 

Alvina Chen, Founder and CEO of Feldspar said, “Testing the smart track and receiving such positive feedback from some of the UK’s most talented young athletes has been incredible. Over the past two years, we have tirelessly refined our prototypes – working through more than 40 iterations –  to develop a functional prototype that has finally hit the mark. At Feldspar our mission is to power athlete performance from the ground up. This innovation is a true game-changer in sports flooring technology, which we believe will spark a revolution in athletics, sports entertainment, and beyond.”

Darren Campbell, MBE, Global Track Strategy Director said, “This milestone proves that Feldspar’s technology can revolutionise how athletes train and compete. With real-time performance insights captured directly from the track surface, we are not just enhancing speed and efficiency – we are also transforming how sports are consumed and experienced by athletes and fans.”

*Feldspar’s proprietary data shows that the track provides approximately 20% more energy return meaning the track is approximately 20% more efficient and faster than the Paris Olympic track, subject to athlete ability and external conditions..  

**The patent pending technologies include a combination of unique cantilever design and angled energy return mechanisms that act like springs, as well as multilayered structures made of various materials that allow more resistance.

About Feldspar

Feldspar is a UK-based technology company dedicated to transforming sports with the world’s first integrated smart flooring system. Engineered to enhance athlete performance and elevate fan engagement at global sports events, this innovative solution combines cutting-edge flooring and sensor technology into a modular, high-performance running track, setting a new industry standard. For more information, visit www.feldsparsport.com

Feldspar is building the world's fastest and smartest high performance running track
Feldspar is building the world’s fastest and smartest high performance running track

 

Feldspar's first functional prototype is a historic leap in sports flooring technology
Feldspar’s first functional prototype is a historic leap in sports flooring technology

 

Hisense Launches New ULED MiniLED U7 Series TV, Taking the Gaming and Sports Experience to New Heights

QINGDAO, China, March 28, 2025 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, today launched its new ULED MiniLED U7 Series TV. Designed especially for gamers and sports enthusiasts, its MiniLED PRO technology delivers brighter, clearer images with enhanced detail compared to standard LEDs, offering the truest darkness and stellar brightness. With the U7 Series TV, Hisense — the No. 1 maker of 100-inch+ TVs globally — continues to drive innovation that improves how people live, connect, and enjoy the moments that matter most.

Hisense U7 Series TV
Hisense U7 Series TV

Step into the excitement with the U7 Series TV, as every frame comes to life with outstanding contrast and brightness. The new U7 series offers higher peak brightness and more local dimming zones than its predecessor for even greater HDR impact. The precise backlight control ensures every detail is visible, no matter dark or bright. Powered by Hisense’s advanced Hi-View AI Engine PRO, which has a 1.6X faster CPU, 2.2X faster GPU, and 1.5X faster NPU compared with last year, the U7 Series TV excels in scene recognition and optimizes every frame with AI-driven enhancements, transforming ordinary visuals into extraordinary ones. The Hisense U7 Series TVs feature an Anti-Reflection Screen that ensures incredible brightness and stunning picture clarity, so you see the details, not the glare and can enjoy your content no matter how sunny your room gets.

The 165Hz Game Mode Ultra elevates your gaming and sports experience, ensuring you stay ahead with style. The Auto Low Latency Mode, AMD Freesync Premium Pro and four HDMI 2.1 ports take your gaming to the next level, seamlessly handling even the most intense action, eliminating input lag and frame tearing for a smoother experience.

Not only will your gaming feel exceptional, it will also sound fantastic. The 2.1.2 Multi-Channel Surround, Dolby Atmos and AI Sound provide an immersive audio experience, capturing everything from the quietest whispers to the most explosive scenes. Its exclusive “Tuned by Devialet®” certification redefines immersive audio by integrating the “hear sound come alive” philosophy. Owners of these models, whether existing or new, can unlock this transformative audio upgrade through an upcoming complimentary software update.

For a cinematic experience, the U7 Series incorporates IMAX Enhanced, Dolby Vision, and Filmmaker Mode to deliver stunning 4K visuals, allowing you to enjoy films and shows as their creators intended. Quantum Dot Color and Pantone Validated Color create incredibly realistic images, every frame is rich, vibrant, and true-to-life.

Hisense is the first official partner of the FIFA Club World Cup 2025™, and the U7 Series TV will be among the company’s key products for this highly anticipated tournament. Whether you are experiencing the action on the football pitch, gaming intensely, or relaxing, you’ll enjoy an elevated experience with the Hisense U7 Series.

The Hisense U7 Series TV is set to launch April 15th in USA and May 15th in Europe. It comes in six sizes: 55, 65, 75, 85, 100, and 116 inches to seamlessly fit into your home, no matter your needs. (*Availability of size options may vary by region.)

About Hisense
Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense has ranked No. 2 globally in total TV shipments from 2022 to 2024, and No. 1 in 100”+ TVs segment from 2023 to 2024. The company has rapidly expanded to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

 

DIVE INTO THE UNSEEN: ADEX OCEAN FESTIVAL 2025 UNLOCKS THE SECRETS OF CEPHALOPODS & MARINE MAGIC

Asia’s Ultimate Ocean Experience Promises Thrills, Innovation, and a Chance to Shape the Future of Our Seas

SINGAPORE, March 28, 2025 /PRNewswire/ — Imagine a world where octopuses solve puzzles, cuttlefish hypnotize prey, and squids vanish in clouds of ink. This April, the ADEX Ocean Festival Singapore 2025 turns imagination into reality, inviting adventurers, conservationists, and curious minds to plunge into the mysterious realm of cephalopods—the ocean’s most intelligent, shape-shifting marvels. From April 4–6, 2025, the Suntec Singapore Convention & Exhibition Centre (Hall 403-406) transforms into a portal for underwater discovery, blending heart-pounding action, cutting-edge tech, and urgent conservation calls. Will you answer the ocean’s cry?

WHY ADEX 2025 IS YOUR TICKET TO THE EXTRAORDINARY

  1. Become a Cephalopod Detective
    Exclusive Reveal: Witness live footage of giant Pacific octopuses solving mazes and flamboyant cuttlefish changing colors in real-time. Compete in the Voice of the Ocean Competition—judged by National Geographic legends David Doubilet and Jennifer Hayes—where your photos or films of marine behavior could win $10,000 and global acclaim.
  2. Swim with Mermaids, Battle in the Dive Tank
    First in Asia: Cheer for teams battling in underwater rugby or watch artists paint live beneath the surface. Vote for the ADEX Most Voted Mermaid of the Year—where glittering tails and ocean advocacy collide.
  3. Free Scuba Dives & Gear That Defies Limits
    No Experience Needed: Dive into the Beginner’s Pool with PADI pros. Geek out over AI-powered dive masks and bioluminescent wetsuits in the Tech Demo Zone.
  4. Save the Ocean—While Winning Big
    Grab Deals, Win Trips: Snatch 50% off dive packages to the Philippines’ Tubbataha Reef or enter hourly draws for free Maldives liveaboard trips.
  5. Learn from the Ocean’s Greatest Minds
    Meet the Heroes: Ask Prof. Simon Mitchell how to survive deep-sea emergencies. Hear Erin Quigley reveal how octopuses “talk” through skin patterns.

DIVE INTO THE UNSEEN: ADEX OCEAN FESTIVAL 2025 UNLOCKS THE SECRETS OF CEPHALOPODS & MARINE MAGIC
DIVE INTO THE UNSEEN: ADEX OCEAN FESTIVAL 2025 UNLOCKS THE SECRETS OF CEPHALOPODS & MARINE MAGIC

“THIS ISN’T JUST A FESTIVAL—IT’S A REVOLUTION.”
John Thet, CEO of ADEX

EVENT DETAILS

  • When: April 4–6, 2025 | 10 AM7 PM
  • Where: Suntec Singapore Convention & Exhibition Centre, Hall 2
  • Tickets: From $10 (Kids under 12 FREE). Includes all-access pass to stages, demos, and exhibitions.

10,000+ ocean lovers are already going.
Will YOU miss the dive event of the decade?

-> CLAIM YOUR TICKET NOW 

ADEX 2025 Sponsors & Partners

The event is proudly supported by Tourism Promotions Board Philippines (Official Country Partner), Malaysia Tourism Promotion Board (Dive Destination Partner), DAN World (Official Dive Safety Partner), PADI (Official Bag Sponsor), SEACAM (Official Dive Underwater Housing Partner), KAYASUBA (Official Mermaid Tail Partner), and Mermaid Federation International (Dive Tank Sponsor), among others.

LAST CHANCE TO JOIN THE BLUE MOVEMENT
“The ocean isn’t just dying—it’s fighting. Come learn how to fight with it.”
Chloe Harvey, Marine Conservationist & ADEX Judge

MEDIA CONTACT:

Kimberly Niu | Event and Marketing Manager, Asian Geographic Magazine / Asia Dive Expo (ADEX)
E: kimberly@asiangeo.com | T: +65 813 54120

Mihiri S. Korala | PR Manager, Asia Dive Expo (ADEX)
E: mihiri@uw360.asia | T: +94 777 706 009

Follow the frenzy: #ADEX2025 #CephalopodQuest #DiveOrMissOut

Hong Kong Pharma Digital Technology Holdings Limited Reports Financial Results for the Six Months Ended September 30, 2024

HONG KONG, March 28, 2025 /PRNewswire/ — Hong Kong Pharma Digital Technology Holdings Limited (NASDAQ: HKPD) (“HKPD” or the “Company”), a leading provider of over the counter (“OTC”) pharmaceutical cross-border e-commerce supply chain services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2024.

Financial Highlights for the Six Months Ended September 30, 2024:

  • Net Revenues: The Company reported net revenues of $11,091,189, an increase of 58.9% compared to $7,009,209 for the same period in 2023.
  • Revenue Breakdown:

Six Months ended
September 30,
2024

Six Months ended
September 30,
2023

Supply chain services

$

6,329,678

$

4,646,951

Procurement and distribution

4,759,301

2,346,931

Consignment sales and other revenue

2,210

15,327

Total Revenue

$

11,091,189

$

7,009,209

 

                Supply Chain Services: $6,329,678, up 36.3% from $4,646,951 for the same period in 2023.
                Procurement and Distribution: $4,759,301, a 102.7% increase from $2,346,931 for the same period in 2023.
                Consignment Sales and Other Revenue: $2,210, down from $15,327 for the same period in 2023.

  • Gross Profit: The gross profit for the period was $1,905,603, a 42.6% increase from $1,335,988 for the same period in 2023.

Total Expenses

  • Total Expenses: Increased to $10,066,706 for the six months ended September 30, 2024, up from $6,667,999 for the same period last year.

 

Six Months ended
September 30,
2024

Six Months ended
September 30,
2023

Changes in inventories of merchandised goods

$

4,513,873

$

2,171,361

Storage cost

530,012

463,412

Transportation cost

2,619,599

1,046,455

Consumption of packing material

514,714

515,594

Depreciation and amortization

30,153

31,727

Labor cost

1,318,041

1,589,164

Outsourcing expenses

328,755

202,169

Others

211,559

648,117

Total cost of sales, selling, general and administrative expenses

$

10,066,706

$

6,667,999

 

Net Income

  • Net Income: The Company achieved a net income of $828,559, a 232.6% increase compared to $249,037 in the same period last year.

Management Commentary

Lap Sun Wong, Chief Executive Officer of HKPD, stated, “The Company has delivered a strong performance for the six months ended September 30, 2024, demonstrating our ability to grow in a competitive and evolving market. The significant increase in net revenues reflects the effectiveness of our strategic initiatives to enhance our supply chain and procurement services. Despite the rise in expenses due to increased marketing efforts and workforce expansion, our net income reflects our focus on profitability and operational efficiency.”

Man Bun Kwok, Chief Financial Officer, added, “While we are pleased with our financial progress, we remain mindful of the importance of maintaining a disciplined cost structure as we scale operations. Our investment in marketing aims to capture additional market share in the OTC pharmaceutical supply chain sector, and we believe these efforts will continue to drive growth in the coming periods.”

About Hong Kong Pharma Digital Technology Holdings Limited

Hong Kong Pharma Digital Technology Holdings Limited offers two main categories of services: (i) OTC pharmaceutical cross-border e-commerce supply chain services through its Hong Kong subsidiary, Joint Cross Border Logistics Company Limited (“Joint Cross Border”), and (ii) OTC pharmaceutical cross-border procurement and distribution through its Hong Kong subsidiary, V-Alliance Technology Supplies Limited.

Through its engagement with OTC pharmaceutical suppliers, logistics companies, and merchants on Chinese e-commerce platforms, Joint Cross Border provides a convenient one-stop solution for Mainland Chinese customers seeking access to OTC pharmaceutical products outside Mainland China.

Joint Cross Border’s comprehensive service offerings include pre-consultation, product information review, procuring overseas OTC pharmaceutical products, enlisting products with the Hong Kong Department of Health, obtaining import and export permits, storing products, packaging, and arranging logistics and end-to-end delivery services for customers.

For more information, please visit the Company’s website: www.9zt.hk.

Forward-Looking Statements

All forward-looking statements, expressed or implied, in this release are based only on information currently available to us and speak only as of the date on which they are made. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this release. Except as otherwise required by applicable law, we disclaim any duty to publicly update any forward-looking statement to reflect events or circumstances after the date of this release. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in our filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

Hong Kong Pharma Digital Technology Holdings Limited
Media Contact: pr@9zt.hk
Investor Relations: ir@9zt.hk
Telephone: +852 2618-9289

 

HONG KONG PHARMA DIGITAL TECHNOLOGY HOLDINGS LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME  
(Expressed in U.S. dollar, except for the number of shares)

 

For the Six Months Ended

September 30,

Note

2024

unaudited

2023

unaudited

Revenues

7

$

11,091,189

$

7,009,209

Cost of revenues

8

(9,185,586)

(5,673,221)

Gross profit

1,905,603

1,335,988

Other income

9

804

427

Operating expenses:

Selling, general and administrative expenses

8

(881,120)

(994,778)

Other gains/(losses), net

10

1,751

(32,817)

Total operating expenses

(879,369)

(1,027,595)

Operating profit

1,027,038

308,820

Financial income

11

1,078

156

Finance costs

11

(49,254)

(34,812)

Finance costs, net

(48,176)

(34,656)

Profit before income taxes

978,862

274,164

Income tax expense

12

(150,303)

(25,127)

Net profit for the year

13

828,559

249,037

Less: profit attributable to non-controlling interests

Profit attributable to owners of the Company

828,559

249,037

Other comprehensive income

Foreign currency translation adjustments

20,032

227

Comprehensive income attributable to the Company’s shareholders

$

848,591

$

249,264

Earnings per share

Basic and diluted *

15

$

0.083

$

0.036

Weighted average number of shares outstanding

Basic and diluted *

10,000,000

6,843,000

 

HONG KONG PHARMA DIGITAL TECHNOLOGY HOLDINGS LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(Expressed in U.S. dollar, except for the number of shares)

 

September

March 31,

Note

30, 2024

unaudited

2024

audited

         ASSETS

NON-CURRENT ASSETS:

      Property and equipment, net

16

119,407

103,242

      Intangible assets, net

17

89,299

31,825

      Right of use assets, net

25

1,073,857

730,451

TOTAL NON-CURRENT ASSETS

1,282,563

865,518

CURRENT ASSETS:

     Deferred IPO costs

21

2,161,496

1,260,075

     Inventories

18

555,522

933,299

     Trade receivables, net

19

4,880,309

3,698,757

     Other receivables and prepayments

19

902,406

1,262,351

     Amount due from related parties

23

14,755

19,971

     Restricted cash

401

7,682

     Cash and cash equivalents

20

364,990

619,575

TOTAL CURRENT ASSETS

8,879,879

7,801,710

TOTAL ASSETS

$

10,162,442

$

8,667,228

        LIABILITIES AND EQUITY

NON-CURRENT LIABILITIES:

     Lease liabilities non-current portion

25

200,759

117,836

     Longterm bank loan non-current portion

24

1,005,610

1,119,276

TOTAL NON-CURRENT LIABILITIES

1,206,369

1,237,112

CURRENT LIABILITIES:

     Trade and other payables

22

1,801,047

$

1,416,182

     Tax payable

12

345,742

218,831

     Contract liabilities

7

74,877

191,066

     Due to related parties

23

239,802

500,677

     Lease liabilities – current portion

25

910,714

634,504

     Current portion of long-term bank loan

24

231,641

180,493

     Short-term bank loan

24

34,704

TOTAL CURRENT LIABILITIES

3,603,823

3,176,457

TOTAL LIABILITIES

4,810,192

4,413,569

COMMITMENTS AND CONTINGENCIES

EQUITY:

Ordinary shares, 50,000,000 shares authorized, consisting of 49,501,000 Class A ordinary shares of $0.001 par value per share and 499,000 Class B ordinary shares of $0.001 par value per share *

Class A ordinary shares, 9,501,000 and 6,843,000 shares issued and outstanding at September 30, 2024 and March 31, 2024, respectively *

26

9,501

9,501

Class B Ordinary shares, 499,000 and nil shares issued and outstanding at September 30, 2024 and March 31, 2024, respectively *

499

499

Additional paid in capital

26

3,017,409

3,017,409

Subscription receivable

26

(50,000)

(300,000)

Retained earnings

27

2,359,667

1,531,108

Accumulated other comprehensive (loss) income

27

15,174

(4,858)

TOTAL SHAREHOLDERS’ EQUITY

5,352,250

4,253,659

TOTAL LIABILITIES AND EQUITY

$

10,162,442

$

8,667,228

 

 

 

WePlay × Peach Cat White Valentine’s Day Collaboration: “Cuteness Overload”!

SEOUL, South Korea, March 28, 2025 /PRNewswire/ — Recently, the globally renowned social entertainment app WePlay officially announced a strategic collaboration with the internationally beloved whimsical IP Peach Cat (Mochi Mochi Momonyang) to launch a special White Valentine’s Day event. This partnership breaks down the boundaries between dimensions, centering on “social + whimsical charm” to create an immersive interactive experience for Gen Z users, conveying the youthful cultural ethos of “Play with Attitude, Meet Your Tribe”.

Photo from the Event
Photo from the Event

As a social platform deeply adored by Gen Z users, WePlay App remains committed to bringing joy and connection to young people worldwide, guided by its mission to unite people through games and lead global trends in online social entertainment. The collaboration partner, Peach Cat, is a top-tier IP celebrated for its heartwarming, pastel-pink aesthetic and the empowering spirit of “Being yourself is cool”, captivating over 10 million fans across global social networks. This partnership not only represents a deep fusion of brand cultures but also aims to deliver a “full-force explosion of cuteness” in social entertainment experiences.

For this collaboration, WePlay has launched Peach Cat-themed PLAYSHOWs and stickers. Users can unlock limited-edition PLAYSHOWs through gifting events, transforming into the adorable Peach Cat for a uniquely sweet White Valentine’s Day.

A WePlay App marketing executive stated, “Partnering with Peach Cat is a key step in exploring the ‘IP + social’ model. We aim to use whimsical culture as a bridge to empower young people to express their individuality and forge genuine emotional connections. Moving forward, We plan to expand collaborations with top global IPs, fostering cross-cultural brand synergies to build a social ecosystem tailored to youth preferences.”

WePlay is not just a next-gen global social entertainment platform integrating games, entertainment, and diverse features—it also serves as Gen Z’s digital “third space”, dedicated to delivering vibrant online experiences. By reinventing stranger connections through gaming and sustaining its position as a “social entertainment super app” via global operations and continuous content innovation, WePlay lives by its vision: “Unite people through play and lead the global wave of online social entertainment.”

This spring, break boundaries with WePlay App and Peach Cat! Dive into the whimsical world of the WePlay x Peach Cat collaboration and craft your own unforgettable White Valentine’s Day—right now!

From Fields to the Future: DJI Agriculture Achieves 50-Fold Sales Growth After 7 Years in Thailand

A Booming Market Is Revolutionizing Thai’s Agricultural Landscape

SHENZHEN, China, March 28, 2025 /PRNewswire/ — 2025 marks DJI Agriculture’s seventh year of in-depth development in Thailand. Since entering the Thai market in 2019, over 10,000 certified drone operators have been trained, while sales for DJI Agriculture drones increased 50-fold sales by the end of 2024. Transitioning from initial pilot projects for drones to full-chain intelligent agricultural solutions, DJI has empowered Thai agriculture through technological innovation, propelling agricultural modernization into a new era. In March 2025, DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in the Northeast region, where the new innovative method of farming is growing. DJI aimed at accelerating the adoption of precision farming equipment and elevating operators’ technical expertise.

DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in Thai
DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in Thai

“The agriculture drone market in Thailand is booming. With the adoption rates for spray drones rising, we see the immense transformative potential for local agricultural modernization through the latest drone technologies,” said Mr. Changfu Deng, the Thailand Market Sales Manager from DJI Agriculture.  ” We are glad to collaborate with our trusted local partner Kubota in launching the pioneering Thailand Agricultural Drone Pilot Competition this Spring. We believe this will lead the local public to better understand this intelligent new realm, encouraging more pilots to engage in this futuristic industry.”

DJI Agriculture’s integrated design requires no assembly with more convenient usage. Advanced transmission system, intelligent obstacle avoidance, intelligent spraying and spreading systems, and RTK centimeter-level positioning, DJI drones are best able to meet the specific demands of precision farming.

As the first drone company that sells integrated agriculture drones in the Thailand market, DJI Agriculture has established a complete pre-sales and after-sales network locally, covering 67 Changwat, including all the key agricultural areas in Thailand. In addition to selling and demonstrating products, the sales network also has pre-sales training and after-sales service. With this established ecosystem, DJI Agriculture is able to provide on-site service to Thai customers within 24 hours to address any after-sales issues efficiently.

As a major agricultural country in Southeast Asia, Thailand has faced problems such as scattered farmland and higher labor costs. The rapid rise of agricultural drones has provided an effective solution to these challenges. DJI Agriculture has developed features that are suitable for local application scenarios such as rice planting and fruit tree spraying and can achieve precise prevention as well as pests and disease control through prescription maps.

  • During the rice planting season, farmers can use drones for full range of tasks, including weeding, sowing rice seed, pest and disease control, and fertilization. This efficient drone operation method saves labor costs and significantly improves efficiency.
  • In addition, fruit tree planting has gradually become a new field of drone application. A single drone can operate about 8,000 rai annually and has great potential to improve agricultural production efficiency and reduce resource waste. For example, drones have reduced the spraying time for durian orchards from 4 days to 1-2 days, enhancing precision and cutting chemical use by 20%-30%, which is crucial during the summer aphid outbreak. In citrus planting, drone spraying operations can also improve the quality and appearance of fruits. As a result, the purchase price of fruits for some farmers has increased by 20%.

With the ongoing advancements in drone technology and the rising market demand, drones are set to play an increasingly vital role in Thailand’s agriculture industry, contributing significantly to its modernization.

The Future of Energy Storage: How String PCS & Active Balancing Define Project Values

DALLAS, March 28, 2025 /PRNewswire/ — The U.S. energy storage market reached a major milestone in 2024, with CAISO surpassing 13GW of grid-scale storage. Other regions, including ERCOT, are expanding rapidly, while the Midwest and Southeast present new deployment opportunities. According to the American Clean Power Association (ACP), ERCOT’s clean power demand is expected to nearly double by 2030 due to population growth, extreme weather, and rising industrial energy needs. Energy storage is crucial to meeting these demands, providing a scalable and reliable solution for grid stability.

Speaking at the 2025 Energy Storage Summit USA, Steven Chan, CLOU North America GM, emphasized battery storage’s critical role in managing Texas’s anticipated peak demand surge. Held in Dallas on March 26-27, the summit brought together nearly 1,000 industry leaders, including CLOU Overseas GM Songyu He, and CLOU’s expert team.

Steven stressed that success in energy storage extends beyond technology—it requires strong financing, operations, and optimization to align with evolving grid needs and investor expectations. He highlighted two key technologies poised to transform the industry: String PCS and Active Balancing.

Traditional storage systems rely on passive balancing, which causes voltage imbalances within battery packs, leading to frequent maintenance and downtime. Engineers typically spend hours manually balancing packs, incurring significant costs—up to $192K to $3.84M over 20 years. CLOU’s Active Balancing technology solves this by maintaining cell voltage deviations below 5mV, ensuring better performance while reducing balancing time. Compared to passive methods, it offers: 4% capacity increase, 2.13% longer lifespan, lower maintenance costs and system downtime.

CLOU’s TX10 project in Texas was the first in the industry to deploy a full-scale cell-to-rack active balancing system. As a result, all nine sites ranked in ERCOT’s Top 30 for market revenue in 2023, generating $196K/MW annually (Modo Energy).

Steven also outlined the advantages of String PCS over Centralized PCS. In a 5MWh system, a centralized PCS failure causes a total system outage. However, with String PCS, only the affected unit (~0.417MWh) is lost—just 1/12th of the total capacity. In a 100MWh project, String PCS improves availability by 4.8%, significantly boosting reliability.

CLOU, as part of Midea Industrial Tech, is expanding globally. Songyu He highlighted CLOU’s flexible solutions through software and system integration partnerships. With cutting-edge technology and a forward-looking approach, CLOU is driving the next wave of energy storage innovation.

CLOU on Energy Storage USA Summit
CLOU on Energy Storage USA Summit

 

Network-source collaboration to promote green development: State Grid Wuzhong Power Supply accelerates the construction of new energy systems

WUZHONG, China, March 28, 2025 /PRNewswire/ — Based on its strategic positioning as “a key hub in the Ningxia power grid and an important delivery terminal for new energy,” State Grid Wuzhong Power Supply Company is committed to advancing the construction of a new power system through innovative measures such as government-enterprise cooperation and network-source coordination. By the end of February, the installed capacity of new energy in the Wuzhong area reached 13.2916 million kilowatts, accounting for 63.59% of the total installed power supply capacity in the region, marking a significant breakthrough in new energy development.

As the transition period between the conclusion of the “14th Five-Year Plan” and the commencement of the “15th Five-Year Plan” approaches, the company aims to optimize the new energy service system by strictly adhering to the timeframes outlined in the “Grid Fair Supervision Measures.” It has established expedited channels for grid connection applications and ensures that all preliminary project work complies with legal and regulatory requirements through proactive provision of access parameters and parallel audit design reports. In terms of power grid construction, the company coordinates the development of multi-level grids ranging from 35 kV to 750 kV. Leveraging the seven under-construction 750-kV substations in Xingtang and Weizhou, it plans to construct ten 330-kV transmission and transformation projects in Shuofang and Lide, while simultaneously promoting main transformer substation expansions to build a multi-level network for new energy consumption.

To address the investment pressures faced by new energy enterprises, the company innovatively implemented a buyback mechanism for grid connection projects. By comprehensively sorting out asset ownership and establishing project list ledgers, pre-buyback agreements have been reached with several power generation enterprises. Standardized processes for due diligence and asset evaluation ensure that asset disposal remains lawful and compliant. Currently, the buyback work for grid connection projects is being carried out in an orderly manner, effectively activating enterprise funds.

In the next phase, State Grid Wuzhong Power Supply Company will focus on enhancing the support capabilities of the power grid, accelerating the expansion of new energy consumption channels, deepening the application of new technologies such as grid-based energy storage, and continuously improving the safe operation level of the power grid. This will provide robust support for the healthy and orderly development of new energy in the Wuzhong region.