29.6 C
Vientiane
Friday, June 20, 2025
spot_img
Home Blog Page 773

Altair Joins the Piedmont Aerospace Cluster

Altair technology to fuel innovation and the future of aerospace

TROY, Mich., Feb. 25, 2025 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, has been selected to join the Piedmont Aerospace Cluster. As a member, Altair will contribute to several of the Cluster’s innovative projects and strategic initiatives.

Altair has been selected to join the Piedmont Aerospace Cluster, fueling innovation and the future of aerospace.
Altair has been selected to join the Piedmont Aerospace Cluster, fueling innovation and the future of aerospace.

In aerospace, supply chains play a crucial role, as optimizing them requires companies with deep knowledge of the processes and methods of a highly regulated, quality-driven industry. As one of the world’s leading providers of technologies for the digitalization of engineering, testing, manufacturing, and maintenance, Altair will benefit the Cluster by providing indispensable tools and expertise for digital engineering and the application of artificial intelligence (AI) for the development, production, and maintenance of aircraft and subsystems.

Altair has deep roots within Piedmont and Turin, where we have had our Italian headquarters for more than 20 years. Throughout that time, we have established close relationships with the world’s leading aerospace companies,” said Pietro Cervellera, senior vice president of aerospace and defense, Altair. “Joining the Cluster is our way of strengthening our bond with the region, its universities, and its businesses within the aerospace ecosystem.”

“We are pleased to welcome Altair to the Cluster, which already includes among its members some of the most innovative aerospace companies in our country,” said Fulvia Quagliotti, president, Piedmont Aerospace Cluster. “Simulation, data analytics, and AI are essential elements for aerospace organizations of all types.”

The Cluster is a nonprofit organization established in 2005 to enhance the competitiveness of Piedmont’s aerospace industry, guaranteeing coordination and long-term vision for public and private investment in technological innovation. The Cluster is one of the founders of the National Aerospace Technology Cluster (CTNA), which federates Italy’s leading aerospace hubs and brings together all the key players in the national aerospace system, including public authorities, universities and research centers, companies, and more. Its mission is to promote innovation, training, and encourage the development and growth of the region’s excellence.

To learn more about Altair’s aerospace solutions, visit https://altair.com/aerospace. To learn more about the Cluster, visit https://www.distrettoaerospazialepiemonte.com/en/about-us/.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Media contacts

Altair Corporate                   

Altair Investor Relations

Bridget Hagan                     

Stephen Palmtag

+1.216.769.2658                   

+1.669.328.9111

corp-newsroom@altair.com         

ir@altair.com

Altair Europe/The Middle East/Africa 

Altair Asia-Pacific

Louise Wilce                                       

Man Wang

+44 (0)7392 437 635

86-21-5016635,,825

emea-newsroom@altair.com               

apac-newsroom@altair.com

 

Plume’s New 5G.11 Offload Helps Communications Service Providers Boost Cellular Coverage and Reduce Costs

PALO ALTO, Calif., Feb. 25, 2025 /PRNewswire/ — Plume, the pioneer in cloud-based platform services focused on enriching subscriber experiences for Communications Service Providers (CSPs), today announced the expansion of its 5G.11 cellular and WiFi convergence services.

Plume’s 5G.11 Offload combines two data connection types (5G/cellular and 802.11/WiFi).  5G.11 Offload is a service for mobile network operators to easily offload their subscribers’ mobile traffic onto existing WiFi networks. They can do this by implementing their service across their own subscriber WiFi networks, deploying gateways across public spaces where they operate, or by signing agreements with other WiFi operators.

“The enhanced 5G.11 Offload transforms how CSPs can leverage their existing WiFi infrastructure,” said Robert Gary, Head of Consumer Products at Plume. “By intelligently managing the handoff between cellular and WiFi networks, we’re helping providers deliver better coverage while significantly reducing their operational costs.”

The service’s key benefits include:

  • Reducing CSP Mobile Virtual Network Operator (MVNO) data usage costs through efficient WiFi offload
  • Expanding indoor mobile coverage without additional cellular infrastructure
  • Optimizing subscriber quality-of-experience with dynamic handoff algorithms
  • Monitoring network performance in real-time with automated alerts
  • Protecting subscriber internet bandwidth through smart-resource allocation

The solution is delivered through Plume’s Consumer Experience Management (CEM) platform and OpenSync-enabled WiFi routers, autonomously switching mobile devices between cellular and WiFi connections based on performance, availability, and reliability metrics.

For CSPs operating as Mobile Virtual Network Operators (MVNOs), the platform offers immediate cost savings by reducing cellular data usage fees. Network operators benefit from lower capital and operating expenses by optimizing their licensed spectrum usage. Observability of mass scale deployment efficacy is monitored through key performance indicators (KPIs) to prioritize CSP network build outs and preemptively improve quality of experience (QoE) for their subscribers.

Plume’s 5G.11 Offload is available for immediate deployment. To learn more or arrange for a demo contact: sales@plume.com.

Read more here.

Media queries: corporatecomms@plume.com

About Plume
Plume is the creator of the world’s first SaaS experience platform for communications service providers (CSPs) and their subscribers, deployed in more than 60 million locations globally. As the only open and hardware-independent, cloud-controlled solution, Plume enables the rapid delivery of new services for smart homes, small businesses and beyond, at massive scale. On the front end, Plume delivers self-optimizing, adaptive WiFi, cybersecurity, access, parental controls and more. CSPs get robust data- and AI-driven back-end applications for unprecedented visibility, insights, support, operations and marketing. Plume leverages OpenSync®, an open-source framework that comes pre-integrated and supported on the leading silicon, CPE and platform SDKs.

Plume, OpenSync, WorkPass, HomePass, Uprise and Haystack are either trademarks or registered trademarks of Plume Design, Inc. Other company and product names are used for informational purposes only and may be trademarks of their respective owners.

Visit us: plume.com.
Follow us: LinkedIn and Instagram.

Euro Tech Holdings Company Limited Reports Contracts Awarded to PACT

HONG KONG, Feb. 25, 2025 /PRNewswire/ — Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that its majority-owned subsidiary, Yixing PACT Environmental Technology Company Ltd. (“PACT”) has recently been awarded two contracts worth approximately US$2.2 million in total. One project is to provide a turnkey industrial water treatment solution for a renowned UK pharmaceutical company to treat industrial wastewater from their inhalation aerosols manufacturing plant in Qingdao, China. The project is expected to be completed by June 2026.

In addition to the wastewater treatment contract, the company has also been awarded a Ballast Water Treatment port reception system contract. The purpose is to treat the ballast water at the port for a Chinese state-owned shipping and logistics company, which owns a harbor port on Hainan Island. This project is expected to be completed by June 2025.

These two contracts cover design, supply, fabrication, installation, and commissioning at the respective sites.

Certain statements in this news release regarding the Company’s expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company’s offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company’s own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the “Risk Factor” discussions in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2023.

SUNHOME to Debut Smart Residential Energy System for Global Markets in Thailand

BANGKOK, Feb. 25, 2025 /PRNewswire/ — SUNHOME, a technology brand in smart residential energy sector, is set to unveil its latest innovations at a global launch event in Thailand on February 27. Under the theme “Bright Tomorrow Starts Today,” the event will introduce SUNHOME’s all-in-one comprehensive home energy system, marking a significant advancement in how households generate and manage energy.

Introducing Smart, Sustainable Energy Systems

As global energy demands rise and environmental concerns intensify, the shift toward renewable energy has become imperative. Smart residential energy systems offer families energy independence, provide long-term economic benefits, and make sustainable living both practical and accessible.

SUNHOME’s advanced, all-in-one residential energy system combines solar energy generation, smart storage, efficient charging, and AI-driven energy management. Tailored for various housing types—including villas, townhouses, and apartments—these systems enable 100% self-consumption of renewable energy, effectively reducing electricity costs and promoting sustainability.

“With our deep expertise in smart energy sector, we are committed to empowering households with technology that enhances energy efficiency while supporting a cleaner planet,” said Winson Jiao, President of SUNHOME Global. “Our global expansion reflects our dedication to meeting the growing demand for intelligent, reliable, and eco-friendly home energy solutions.”

SUNHOME’s ‘Power-Magic Cube’ technology platform features high-efficiency solar power generation and AI-driven optimization, ensuring maximum energy output while adapting to local grids. These technologies contribute to global carbon neutrality efforts, supporting regional sustainability goals and the broader transition toward a cleaner energy future.

By offering a comprehensive service ecosystem—from system design and financing to installation, maintenance, and upgrades—SUNHOME ensures a seamless user experience. Its commitment to customized systems means households worldwide will benefit from energy systems tailored to different climate conditions, grid infrastructures, and policy frameworks.

About SUNHOME

Founded in 2013, SUNHOME is a technology brand in global smart residential energy sector, offering smart residential energy systems integrating photovoltaic, energy storage, EV charger, and energy management.

As a pioneer with over a decade of expertise in home energy field, we focus on full-stack self-developed power plant technology as our core innovation. This enables us to build a comprehensive service system covering solar power generation, smart energy storage, efficient charging, and energy management, empowering households worldwide to seamlessly embrace a green and smart energy lifestyle.

For more information, visit www.sunhomeplant.com or contact:

marketing@sunhome.com

Sungrow and Sun Village Announce Procurement and Sales Agreement for PowerTitan & PowerStack Series Energy Storage Systems in Japan

TOKYO, Feb. 25, 2025 /PRNewswire/ — During Smart Energy Week 2025, Sungrow Japan signed an agreement with Sun Village Co., Ltd., a pioneer in developing non-FIT solar power plants, for the procurement and sales of grid-scale energy storage systems in Tokyo. Under this agreement, Sun Village plans to deploy approximately 500 MWh of Sungrow’s PowerTitan and PowerStack series energy storage systems in battery storage power plants across Japan.

Contract Signing Ceremony between Sungrow and Sun Village
Contract Signing Ceremony between Sungrow and Sun Village

These systems include the container-type PowerTitan and the cabinet-type PowerStack, which offer flexible installation options such as side-by-side or back-to-back configurations. Designed with safety and reliability at the forefront, they feature a comprehensive three-tier overcurrent protection mechanism (at the PACK, RACK, and PCS levels), advanced fire safety measures, and thermal runaway prevention functions. Reinforcing its commitment to safety, last year Sungrow conducted the world’s largest battery energy storage system (BESS) burn test for PowerTitan, demonstrating exceptional resilience and reliability in real-world conditions.

This collaboration aims to accelerate Japan’s energy transition, contribute to the country’s decarbonization goals, and meet customer expectations through rapid deployment. Mr. Chen Tang, Sungrow Japan’s Country Manager, commented: “This year 2025 marks the beginning of Sungrow’s next decade in the Japanese market. We are delighted to cooperate with Sun Village and committed to delivering advanced technology and energy solutions to achieve a sustainable society. Through this project, we are delighted to play a strong role in supporting Japan’s energy transition. Furthermore, this partnership enhances Sungrow’s brand presence in the Japanese market, enabling us to provide innovative solutions to a wider range of customers.”

About Sun Village Co., Ltd.

Since its establishment in 2012, Sun Village Co., Ltd. has prioritized harmony and collaboration with local communities while developing and constructing solar power plants, primarily in the northern Kanto region. The company has also been a pioneer in developing non-FIT solar power plants. As the role of grid-scale energy storage systems gains importance in ensuring stable grid operations and promoting renewable energy adoption, Sun Village is expanding its battery storage development projects across Japan. The company aims to develop and construct 250 sites with a total capacity of 500 MW, further contributing to the proliferation of renewable energy.

For more information about Sun Village Co., Ltd., please visit: https://sunvillage-co-ltd.com/

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world’s most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

Huber Management Launches Dedicated Corporate Bond Research Team for AI and Quantum Computing Innovators

VANCOUVER, BC, Feb. 25, 2025 /PRNewswire/ — Huber Management is pleased to announce the establishment of a specialized corporate bond research team dedicated to analyzing and identifying investment in corporate debt opportunities within the rapidly evolving fields of artificial intelligence (AI) and quantum computing. This new initiative reflects the firm’s commitment to providing clients with deep, data-driven insights into the companies driving technological innovation.

Navigating the intersection of technology and fixed income

The new research team will focus on evaluating corporate bond issuances from leading and emerging technology firms, with a particular emphasis on:

  • AI chipmakers and semiconductor manufacturers
  • Cloud computing and AI infrastructure providers
  • Quantum computing startups and enterprise-scale innovators
  • Software companies leveraging AI for automation and advanced analytics

“As AI and quantum computing investments accelerate, the corporate bond market is set to play an increasingly crucial role in financing these transformative technologies,” said Paul Reynolds, Head of Private Equity at Huber Management. “By establishing a dedicated research team, the plan is to provide our clients with actionable insights into credit risk, yield opportunities, and long-term investment potential in this high-growth sector.”

A research-driven approach to bond market opportunities

With AI development requiring massive capital expenditure and quantum computing firms still in the early stages of commercialization, corporate bond issuance from tech companies is expected to increase significantly in the coming years. The Huber Management Corporate Bond Research Team will assess factors such as:

  • Creditworthiness and financial stability of issuers
  • Market demand for AI and quantum-driven solutions
  • Regulatory and geopolitical risks impacting tech financing
  • Yield potential relative to broader fixed-income markets

Positioning investors for the future

By closely tracking the corporate debt landscape within AI and quantum computing, Huber Management aims to position its clients at the forefront of fixed-income opportunities in breakthrough technology sectors. The research team will publish in-depth reports, provide strategic recommendations, and offer tailored advisory services to institutional and private investors seeking exposure to this dynamic market.

About Huber Management

Huber Management is a Vancouver, Canada and Nassau, Bahamas -based investment and wealth management practice offering a broad range of financial solutions, including portfolio management, retirement planning and wealth advisory services. Regarded for its commitment to personalized service and consistent results, Huber Management helps clients navigate the complexities of the investment landscape to achieve their financial ambitions.

Nicholas Huber
220 – 145 Chadwick Court, North Vancouver, British Columbia, Canada, V7M 3K1
contact.canada@hubermanagementdivisions.com 
+1 778 945 3005

Huber Management
https://www.hubermanagementdivisions.com/index.html

G-P Expands Availability of G-P Gia™; Welcomes Leaders to the Next Era of HR

The smartest AI global HR advisor, G-P Gia, thinks like a lawyer and cuts the cost and time of compliance by up to 95%; reducing the need to outsource legal in 50 countries and 50 U.S. states

BOSTON, Feb. 25, 2025 /PRNewswire/ — G-P (Globalization Partners), recognized as the undisputed leader in global employment by industry analysts, today welcomed HR and business professionals around the world to join the public beta of G-P Gia for free for a limited time.

Bringing together G-P’s more than a decade of global employment experience, the largest team of in-country HR, legal, and compliance experts, and its unmatched proprietary knowledge base with cutting-edge AI innovation, Gia helps companies to efficiently and compliantly navigate the complexities of global employment, reducing reliance on costly consultants.

Only G-P Gia delivers:

  • Unmatched expertise. Gia has learned from more than 750,000 scenarios, empowering HR leaders to solve both day-to-day and complex HR challenges, no matter the company size or location.
  • Accurate answers, fast. Gia thinks like a lawyer, interpreting the underlying meaning of questions and providing context-specific answers without the need to be an AI prompt expert.
  • Employment contracts in 50 countries and 50 U.S. states. Gia is the only global employment AI advisor that can review and draft modifications to contracts for legal compliance across 50 countries and all 50 U.S. states—with unmatched speed, precision and global coverage.
  • AI engineered to minimize hallucinations. Gia is built for unmatched precision. Its patent-pending AI combined with a proprietary RAG model and agentic framework delivers accurate results that are 10x better than the AI industry standard.
  • Trusted up-to-date information. Unlike other AI tools that scrape unreliable Internet sources, Gia is built on G-P’s proprietary knowledge base, over 100,000 legally vetted articles and more than 1,500 government sources.

“G-P Gia represents the next evolution of global employment,” said Pete Tiliakos, Principal Analyst & Strategic Advisor, GxT Advisors. “With organizations of every size seeking to open more talent channels, borderless hiring is an essential agility lever. G-P’s ability to activate its deep differentiated global compliance expertise and insights to augment and empower business leaders in real time is a true organizational agility enabler.”

G-P Gia is the go-to source for global employment, offering unparalleled expertise and compliance advice based on real-world best practices so users can reduce reliance on outside counsel and supercharge compliance efficiency. Whether a user needs guidance on local labor laws, help updating employment contracts, or advice on how to offboard an employee, Gia provides expert global employment and compliance guidance backed by verified, expert reviewed sources.

“Gia was built to bring together the best of human and AI expertise to solve complex HR challenges quickly and compliantly,” said Nat Natarajan, chief product and strategy officer, G-P. “It’s like having an HR expert and legal advisor with you 24/7, enabling you to make better and compliant decisions. Gia is shaping the next era of HR.”

The public beta of Gia follows an early access period where select companies have been using and providing feedback on the product. Gia has already provided context-specific guidance and real world documents and contracts to early access users around the world. They reported that Gia’s responses provided an excellent level of country-specific detail and accuracy, without the wait of connecting with a human expert.

Gia is now available in beta to HR and business professionals around the world. Register to become a beta user here and receive free access to G-P Gia for a limited time.

About G-P
G-P is the recognized leader in global employment, delivering everything companies of all sizes need to manage the full employee lifecycle. G-P offers a robust suite of products, including the smartest AI global HR advisor, G-P Gia, and AI-enabled Employer of Record (EOR) and Contractor products. G-P supports teams in 180+ countries with more than a decade of global employment experience, the largest team of in-country HR, legal, and compliance experts, and its unmatched proprietary knowledge base.

G-P: Global Made Possible
To learn more, please visit: g-p.com or connect with us via LinkedIn, X, Facebook or check out our Blog.

Pudu Robotics Enhances Cleaning Efficiency at Ryugujo Spa Hotel Mikazuki Ryugutei with the Introduction of PUDU SH1

SHENZHEN, China, Feb. 25, 2025 /PRNewswire/ — Pudu Robotics, a global leader in service robotics, is revolutionizing cleanliness standards at Ryugujo Spa Hotel Mikazuki Ryugutei in Japan, a renowned Japanese hot spring resort, with the integration of its advanced smart upright scrubber dryer, the PUDU SH1. Since its launch, the PUDU SH1 has positively impacted over a thousand venues globally, including hotels, restaurants, hospitals, and shopping malls.

PUDU SH1 Enhances Cleaning Efficiency at Ryugujo Spa Hotel
PUDU SH1 Enhances Cleaning Efficiency at Ryugujo Spa Hotel

The introduction of the SH1 has significantly transformed the hotel’s cleaning processes in several key areas:

  • Unified Cleaning Tool for Diverse Scenarios

Traditionally, the hotel used various cleaning tools tailored to specific areas—deck brushes for the restaurant kitchen and mops for the lobby and common spaces. Thanks to the innovative design of the SH1, which ensures complete separation of air, liquids, and debris, cross-contamination is eliminated. This versatility allows the SH1 to be used effectively in both kitchen and lobby environments, leading to enhanced cleaning efficiency.

  • 80% Efficiency Boost: Redefining Resource Allocation

With the introduction of the SH1, tasks that once required two staff members an hour to complete can now be accomplished by a single individual in just 20 minutes, representing an impressive 80% increase in efficiency. This translates to over 600 hours of labor saved annually, allowing employees to focus on higher-value customer service initiatives.

  • Improved Cleaning Quality with Reduced Physical Strain

Inconsistent cleaning results were often a challenge, as different staff members brought varying levels of skill and technique to cleaning tasks. The SH1 standardizes the cleaning process, enabling even less experienced personnel to achieve uniform cleanliness. With a down pressure of 27 kg, a robust brush speed of 350 rpm, and a suction power of 20 kPa, the SH1 effectively removes dirt and grime. Previously stubborn stains that demanded manual scrubbing can now be effortlessly eliminated with the SH1, significantly reducing physical strain on cleaning staff.

The management at Ryugujo Spa Hotel expressed their satisfaction, stating, “The adoption of PUDU SH1 has not only reduced our reliance on manual labor for cleaning but has also elevated our hygiene and safety standards through standardized operations. The time and manpower saved has been redirected to enhancing customer service, refining our reception processes, and adding personalized experience offerings, which further strengthens our hotel’s brand positioning.”

Furthermore, Ryugujo Spa Hotel has previously integrated PUDU CC1 cleaning robot and BellaBot service delivery robot, and the addition of the PUDU SH1 marks another milestone in the hotel’s comprehensive cleaning and delivery solutions. This synergy of robotic technology not only automates and standardizes cleaning operations but also improves the efficiency and accuracy of item deliveries. By combining these advanced technologies, the hotel ensures a more convenient and comfortable guest experience, establishing itself as a benchmark for intelligent, efficient cleaning services.

With the introduction of the PUDU SH1, Ryugujo Spa Hotel Mikazuki Ryugutei is setting a new standard for cleanliness and operational excellence within the hospitality industry.

About Pudu Robotics

Pudu Robotics, a global leader in the service robotics sector, is dedicated to enhancing human productivity and living standards through innovative robot technology. With a focus on R&D, manufacturing, and sales of service robots, Pudu Robotics holds over a thousand authorized patents worldwide, encompassing a wide range of core technologies. The company’s robots have been widely adopted in various industries, including dining, retail, hospitality, healthcare, entertainment, education and manufacturing. To date, Pudu Robotics has successfully shipped over 80,000 units to a variety of markets, with a presence in more than 60 countries and regions worldwide. For more information on business developments and updates, follow PUDU on LinkedIn, Facebook, YouTube, Twitter and Instagram.