Invaio Sciences Announces Formation of World-Class Scientific Advisory Board

CAMBRIDGE, Mass., Feb. 3, 2021 /PRNewswire/ — Invaio Sciences, Inc., a Flagship Pioneering company focused on unlocking the potential of the planet’s interdependent natural systems to solve pressing agriculture, nutrition and environmental challenges, announces today the appointment of new academic leaders as members to its Scientific Advisory Board (SAB).  

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CAMBRIDGE, Mass., Feb. 3, 2021 /PRNewswire/ — Invaio Sciences, Inc., a Flagship Pioneering company focused on unlocking the potential of the planet’s interdependent natural systems to solve pressing agriculture, nutrition and environmental challenges, announces today the appointment of new academic leaders as members to its Scientific Advisory Board (SAB).  

«We are delighted to announce a distinguished group of star scholars of the systems of nature, who are joining our Scientific Advisory Board,» says Gerardo Ramos, Invaio’s Chief Scientific Officer. «Invaio is tackling unsolved problems in agriculture with novel targeted approaches that deliver natural biological active molecules and solutions in balance with natural systems. When digitized at the macro- and micro-levels using advanced artificial intelligence and machine learning technologies, we are just at the cliff of vast breakthrough. The contribution of Invaio’s new SAB members offers our team and the agricultural sector new insights in how best to push the envelope with biological discovery.»

Backgrounds of Scientific Advisory Board Members

Steve Jacobsen, PhD is a Professor of Molecular Cell and Developmental Biology and Biological Chemistry at UCLA, and a Howard Hughes Medical Institute Investigator. Dr. Jacobsen was elected to the National Academy of Sciences in 2011. His lab develops groundbreaking genetic and genomic techniques to study epigenetic gene silencing in plants. Dr. Jacobsen chairs Invaio’s Scientific Advisory board and has been instrumental in building a world-class SAB. He has already brought remarkable and impactful scientific insights to Invaio’s Research and Development program and has participated in identifying and recruiting some of the top talent in Invaio’s R&D team. Dr. Jacobsen is also the scientific co-founder of Inari Agriculture, a Flagship Pioneering Company.

Randy Schekman, PhD is a Professor in the Department of Molecular and Cell Biology, at University of California, Berkeley, and a Howard Hughes Medical Institute investigator. Dr. Schekman was awarded the Nobel Prize in Medicine or Physiology in 2013 for contributions to understanding vesicle trafficking. He joined the Invaio SAB to develop insights and experimental approaches to developing and harnessing vesicles to deliver biological molecules to plants to enhance plant health or control pathogens.

Roger Innes, PhD is a Distinguished Professor of Biology at Indiana University. The Innes lab works on understanding the molecular and cellular basis of disease resistance in plants and has been examining endomembrane trafficking in plant cells in the context of active defense responses. Dr. Innes joined the SAB of Invaio to help the company utilize these natural defense mechanisms which help to discover new modes of protection against insect and fungal pests.

Rodolphe Barrangou, PhD is a Distinguished Professor at NC State University. Dr. Barrangou has been elected to the National Academy of Sciences, National Academy of Engineering, National Academy of Inventors and American Academy of Microbiology. He has experience with various start-up companies in the commercialization of innovative technologies, including Inari Agriculture, a Flagship Pioneering Company. He will bring his experience in the interplay between phages and their hosts, to enable the exploitation of bacterial viruses by Invaio to modulate Ag microbiomes.

Yi Tang, PhD is a Professor of Chemical and Biomolecular Engineering, Chemistry and Biochemistry at UCLA. His lab explores natural product biosynthesis and biocatalysts ultimately identifying novel natural products. Dr. Tang brings to the Invaio SAB expertise in the discovery of small molecules which have the potential to become innovative and groundbreaking products when combined with Invaio’s biological delivery technology platforms.

Allison Hansen, PhD is an Associate Professor Department of Entomology at the University of California Riverside. The Hansen lab is interested in ecological and evolutionary genomics of insect-microbe interactions. Dr. Hansen has been active in advising Invaio R&D in the understanding interactions between insects, insect microbiome and host plants, to develop strategies for mitigating impacts of insect-transmitted diseases.

Bruno Basso, PhD is the Foundation Professor Earth and Environmental Sciences at Michigan State University. His research focuses sustainability of agricultural systems, digital agriculture, carbon, water and nutrients fluxes across agricultural landscapes under current and future climates. Dr. Basso is the scientific co-founder of the Flagship Pioneering company, CIBO Technologies.

These new appointments will help the company navigate a deeper understanding of natural systems for the betterment of food production and stability of the planet. 

About Invaio Sciences:
Invaio Sciences is a multi-platform technology company that unlocks the potential of the planet’s interdependent systems to address pressing agricultural, nutritional, and environmental challenges. Founded by Flagship Pioneering in 2018, Invaio leverages discoveries from diverse fields including human therapeutics, agriculture, environmental science, and advanced manufacturing. The company’s deep understanding of the physiology of insects, plants and trees, together with its novel integrated solutions approach, promises to refine agricultural practices and reduce the need for pesticides globally. Invaio Sciences is dedicated to developing solutions that are mindful of beneficial insects, bad for pests, and safer for us all.  For more information, please visit www.invaio.com

 

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SOURCE Invaio Sciences

Pontoon Boat Market Size, Impacted by COVID-19, to Reach US$ 2.5 Billion in 2025, Says Stratview Research

DETROIT, Feb. 3, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Pontoon Boat Market by Application Type (Family-Fun pontoon, Fishing Pontoon, Cruising Pontoon, Watersports Pontoon, and Others), by Tube Type (Two-Tube Pontoon and Three-Tube Pontoon),…

DETROIT, Feb. 3, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Pontoon Boat Market by Application Type (Family-Fun pontoon, Fishing Pontoon, Cruising Pontoon, Watersports Pontoon, and Others), by Tube Type (Two-Tube Pontoon and Three-Tube Pontoon), by End-Use Type (Private and Commercial), by Size Type (<20 Feet, 20-24 Feet, and >24 Feet), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Size, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020-2025.

Stratview Research

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s pontoon boat market realities and future market possibilities for the forecast period of 2020 to 2025. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for pontoon boat at the global, regional, as well as country level. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as formulate growth strategies.

Pontoon Boat Market: Highlights from the Report

Pontoon boats are flat-deck boats containing two or more floating hulls or tubes typically powered by an outboard engine. They generally have either square or rectangular shapes, which make them less suitable for choppy or rough water; however, they are widely preferred in lakes where they are used for varied functions, such as entertainment, fishing, and lounging. These boats have large deck space, which adds more seating space, luxury, comfort, extra storage space, and additional room for various activities as per users’ interest.

The pontoon boats market has grown tremendously in the past few years. It was among the first in the boating industry to rebound from the downturn in sales caused by the Great Recession (2008). As per our pre-COVID-19 estimates, Stratview Research forecasts indicated that the demand for pontoon boats could hit many untouched landmarks over the next five years, reaching close US$ 3.5-billion-sales figure by 2025. The market was likely to exhibit impressive growth in 2020, compensating the marginal decline faced in 2019.

However, the COVID-19 outbreak has devastated the growth trajectory of the entire boating industry, ruining the tireless efforts of one decade of industry stakeholders. Pontoon boats could not prevent themselves from those tendencies and are estimated to experience a hefty decline of -25.5% on a YoY basis in 2020, crushing the market to below the year 2015-value.

It is also estimated that the pontoon boats market is likely to mark the fastest rebound among all boat types in the post-pandemic scenario. The market will find some solace with some driving factors including expected growth in the HNWI population, increasing boating participants, increasing share of pontoon boats in the outboard boats, versatile usage of pontoon boats, advancements in the boat engine technology, and higher affordability of pontoon boats. As a result of that, the pontoon boats market is estimated to reach an estimated US$ 2.5 billion in 2025, offering good opportunities for the market participants in the long-term scenario.

Click Here and Run Through the TOC of the Report: https://www.stratviewresearch.com/toc/387/Pontoon-Boat-Market.html  

Based on the application type family-fun application is likely to remain the dominant segment of the market by 2025. It is expected to be driven by the USA, where there are more boat partying and holiday culture with a high preference of pontoon boats for the same. Fishing is another key application of pontoon boat which also covers a significant share of the total market.

Based on the tube type, two-tube pontoons are expected to remain the dominant tube type segment, whereas three-tube pontoons are expected to be the faster-growing segment during the forecast period, owing to their larger capacity, space, and efficiency coupled with the trend of larger and high-performance boats.

In terms of boat size, the 20-25-feet pontoon boat segment is likely to remain the most dominant size type in the market in years to come. Most of the applications fall under the size range and its excellent affordability has led to the huge dominance across major application verticals.

Enquire Here for a Free Sample of the Detailed Report: https://www.stratviewresearch.com/Request-Sample/387/Pontoon-Boat-Market.html    

In terms of regions, North America is projected to remain the largest market for the pontoon boats during the forecast period. The USA is the world’s largest market for both pontoon boats as well as recreational boats. The country is marked by the presence of many small- to big-sized players serving the market. However, Asia-Pacific is likely to be the fastest-healing region in the market in a post-pandemic scenario.  Australia, New Zealand, and China are key countries in the region, generating a considerable market demand.

Pontoon boats have been gaining share in the outboard boats market, and their attractiveness has led to the entry of boating players in the market. After the recession, the sales of pontoon boats were so high that even the established industry players in fiberglass boats also began to enter the pontoon boats market:

Key players in the pontoon boats market are Avalon Pontoon Boats, Brunswick Corporation, Forest River Inc., MasterCraft Boat Company, LLC, Polaris Inc. (Boat Holdings, LLC.), Smoker Craft, Inc., Triton Industries Inc. (Manitou Pontoon Boats), and White River Marine Group. Development of high-performance pontoon boats, expansion of distribution network, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors

This report studies the global pontoon boat market and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the four ways in which the market is segmented:

Pontoon Boat Market Size, Share & Forecast by Application Type:

  • Family-Fun Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Fishing Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Cruising Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Watersports Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Tube Type:

  • Two-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Three-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by End-Use Type:

  • Private (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Size Type:

  • <20 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • 20-24 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • >24 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Region:

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, Switzerland, The UK, Spain, and RoE)
  • Asia-Pacific (Country Analysis: Australia, New Zealand, China, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

Stratview Research has several high value market reports in the marine and sporting goods industry. Please refer to the following link to browse through our reports:

https://www.stratviewresearch.com/market-reports/Consumer-Goods.html 

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

For enquiries, please contact:

Stratview Research
E-mail: sales@stratviewresearch.com 
Direct: +1-313-307-4176

Logo: https://mma.prnewswire.com/media/660595/Stratview_Research_Logo.jpg

Pontoon Boat Market Size, Impacted by COVID-19, to Reach US$ 2.5 Billion in 2025, Says Stratview Research

DETROIT, Feb. 3, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Pontoon Boat Market by Application Type (Family-Fun pontoon, Fishing Pontoon, Cruising Pontoon, Watersports Pontoon, and Others), by Tube Type (Two-Tube Pontoon and Three-Tube Pontoon),…

DETROIT, Feb. 3, 2021 /PRNewswire/ — Stratview Research announces the launch of a new research report on Pontoon Boat Market by Application Type (Family-Fun pontoon, Fishing Pontoon, Cruising Pontoon, Watersports Pontoon, and Others), by Tube Type (Two-Tube Pontoon and Three-Tube Pontoon), by End-Use Type (Private and Commercial), by Size Type (<20 Feet, 20-24 Feet, and >24 Feet), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Size, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020-2025.

Stratview Research

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s pontoon boat market realities and future market possibilities for the forecast period of 2020 to 2025. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for pontoon boat at the global, regional, as well as country level. Also, the report provides the possible loss that the industry will register by comparing pre-COVID and post-COVID scenarios. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as formulate growth strategies.

Pontoon Boat Market: Highlights from the Report

Pontoon boats are flat-deck boats containing two or more floating hulls or tubes typically powered by an outboard engine. They generally have either square or rectangular shapes, which make them less suitable for choppy or rough water; however, they are widely preferred in lakes where they are used for varied functions, such as entertainment, fishing, and lounging. These boats have large deck space, which adds more seating space, luxury, comfort, extra storage space, and additional room for various activities as per users’ interest.

The pontoon boats market has grown tremendously in the past few years. It was among the first in the boating industry to rebound from the downturn in sales caused by the Great Recession (2008). As per our pre-COVID-19 estimates, Stratview Research forecasts indicated that the demand for pontoon boats could hit many untouched landmarks over the next five years, reaching close US$ 3.5-billion-sales figure by 2025. The market was likely to exhibit impressive growth in 2020, compensating the marginal decline faced in 2019.

However, the COVID-19 outbreak has devastated the growth trajectory of the entire boating industry, ruining the tireless efforts of one decade of industry stakeholders. Pontoon boats could not prevent themselves from those tendencies and are estimated to experience a hefty decline of -25.5% on a YoY basis in 2020, crushing the market to below the year 2015-value.

It is also estimated that the pontoon boats market is likely to mark the fastest rebound among all boat types in the post-pandemic scenario. The market will find some solace with some driving factors including expected growth in the HNWI population, increasing boating participants, increasing share of pontoon boats in the outboard boats, versatile usage of pontoon boats, advancements in the boat engine technology, and higher affordability of pontoon boats. As a result of that, the pontoon boats market is estimated to reach an estimated US$ 2.5 billion in 2025, offering good opportunities for the market participants in the long-term scenario.

Click Here and Run Through the TOC of the Report: https://www.stratviewresearch.com/toc/387/Pontoon-Boat-Market.html  

Based on the application type family-fun application is likely to remain the dominant segment of the market by 2025. It is expected to be driven by the USA, where there are more boat partying and holiday culture with a high preference of pontoon boats for the same. Fishing is another key application of pontoon boat which also covers a significant share of the total market.

Based on the tube type, two-tube pontoons are expected to remain the dominant tube type segment, whereas three-tube pontoons are expected to be the faster-growing segment during the forecast period, owing to their larger capacity, space, and efficiency coupled with the trend of larger and high-performance boats.

In terms of boat size, the 20-25-feet pontoon boat segment is likely to remain the most dominant size type in the market in years to come. Most of the applications fall under the size range and its excellent affordability has led to the huge dominance across major application verticals.

Enquire Here for a Free Sample of the Detailed Report: https://www.stratviewresearch.com/Request-Sample/387/Pontoon-Boat-Market.html    

In terms of regions, North America is projected to remain the largest market for the pontoon boats during the forecast period. The USA is the world’s largest market for both pontoon boats as well as recreational boats. The country is marked by the presence of many small- to big-sized players serving the market. However, Asia-Pacific is likely to be the fastest-healing region in the market in a post-pandemic scenario.  Australia, New Zealand, and China are key countries in the region, generating a considerable market demand.

Pontoon boats have been gaining share in the outboard boats market, and their attractiveness has led to the entry of boating players in the market. After the recession, the sales of pontoon boats were so high that even the established industry players in fiberglass boats also began to enter the pontoon boats market:

Key players in the pontoon boats market are Avalon Pontoon Boats, Brunswick Corporation, Forest River Inc., MasterCraft Boat Company, LLC, Polaris Inc. (Boat Holdings, LLC.), Smoker Craft, Inc., Triton Industries Inc. (Manitou Pontoon Boats), and White River Marine Group. Development of high-performance pontoon boats, expansion of distribution network, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors

This report studies the global pontoon boat market and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the four ways in which the market is segmented:

Pontoon Boat Market Size, Share & Forecast by Application Type:

  • Family-Fun Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Fishing Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Cruising Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Watersports Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Tube Type:

  • Two-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Three-Tube Pontoon (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by End-Use Type:

  • Private (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Size Type:

  • <20 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • 20-24 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
  • >24 Feet Pontoon Boats (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Pontoon Boat Market Size, Share & Forecast by Region:

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, Switzerland, The UK, Spain, and RoE)
  • Asia-Pacific (Country Analysis: Australia, New Zealand, China, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Latin America, The Middle East, and Others)

Stratview Research has several high value market reports in the marine and sporting goods industry. Please refer to the following link to browse through our reports:

https://www.stratviewresearch.com/market-reports/Consumer-Goods.html 

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

For enquiries, please contact:

Stratview Research
E-mail: sales@stratviewresearch.com 
Direct: +1-313-307-4176

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SOURCE Stratview Research

CleanSpark Announces Multi-Unit Switchgear Order for Commercial Microgrids

SALT LAKE CITY, Feb. 3, 2021 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (the «Company»), a diversified software and services company today announced that it has received a new purchase order from a Houston, Texas-based microgrid developer. CleanSpark has provided its ATS (automatic transfer switch) solutions to the developer and its customers for several years.

SALT LAKE CITY, Feb. 3, 2021 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (the «Company»), a diversified software and services company today announced that it has received a new purchase order from a Houston, Texas-based microgrid developer. CleanSpark has provided its ATS (automatic transfer switch) solutions to the developer and its customers for several years.

World’s Largest Retailer to Deploy CleanSpark’s Microgrid Switchgear.

The Company’s switchgear units will be deployed alongside energy generation assets to provide resilient power and cost savings. The end-use customer is the world’s largest retail chain, operating more than 11,500 locations worldwide. CleanSpark’s ATS paired with other microgrid assets will help keep stores operational during utility outages.

This purchase order is expected to result in more than $1,500,000 of additional revenue for the Company. 

Zach Bradford, CleanSpark’s President and Chief Executive Officer stated, «We are excited to continue to provide switchgear to support custom microgrid solutions for critical back-up power.  With the increasing frequency of grid disruptions, natural disasters and scheduled power-outages, the number of businesses relying on microgrids continues to rise. We anticipate additional switchgear orders from this customer and other partners, both as a result of the aforementioned events, as well as ‘green’ initiatives supported by the new administration that should pave the way for increased microgrid development.»

Bradford concluded, «We believe the combination of our patented energy solutions together with our Bitcoin mining division, make us a true ‘dual-threat’ as we continue our rapid growth across all of our divisions. This order is a result of our focus on ‘best-in-class’ solutions, whether they result from hardware, software, residential or commercial initiatives. CleanSpark’s unique approach to energy solutions are expected to continue to drive strong demand throughout our partnership networks. Recent announcements discussing our platform upgrades and additional distribution of our GridFabric software solutions are examples of this increased demand for our products and services.»

Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at info@cleanspark.com or visiting the Company’s website at www.cleanspark.com.

Investors are encouraged to contact the Company at ir@cleanspark.com, or visiting the Company’s website at https://ir.cleanspark.com/

About CleanSpark:

CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software and controls technology solutions to solve modern energy challenges.  We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions.  Our offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, and software consulting services. 

Through its wholly owned subsidiary ATL Data Centers LLC, CleanSpark owns and operates a data center that provides customers with traditional on-site and cloud-based data center services. The Company also owns and operates a fleet of Bitcoin miners producing over 200 PH/s in mining capacity. Capacity is expected to increase to over 300 PH/s in mining capacity in early 2021. CleanSpark plans to apply its energy technologies to these divisions with a goal of mining bitcoins at the lowest energy prices in the United States. For more information, visit https://ATL-DATA.com

Forward-Looking Statements:

CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful deployment of energy solutions for retail applications or other sectors, the fitness of our energy hardware, software and ither solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for our software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading «Risk Factors» in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Contact – Investor Relations:
CleanSpark, Inc.
Investor Relations
(801)-244-4405

 

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SOURCE CleanSpark, Inc.

CBAK Energy Announces Production Capacity Expansion in Anticipation of Increasing Client Orders

DALIAN, China, Feb. 3, 2021 /PRNewswire/ — CBAK Energy Technology, Inc. (NASDAQ: CBAT) («CBAK Energy», or the «Company»), a leading lithium-ion battery manufacturer and electric energy solution provider, today provided additional details for its plans previously disclosed in its 8-K filing to expand its production capacity in Nanjing and Dalian in anticipation of increasing client orders.

For its <span…

DALIAN, China, Feb. 3, 2021 /PRNewswire/ — CBAK Energy Technology, Inc. (NASDAQ: CBAT) («CBAK Energy», or the «Company»), a leading lithium-ion battery manufacturer and electric energy solution provider, today provided additional details for its plans previously disclosed in its 8-K filing to expand its production capacity in Nanjing and Dalian in anticipation of increasing client orders.

For its Nanjing manufacturing plants, the Company plans to attain a total capacity of 8 GWh per year to produce lithium batteries for the light electric vehicle («LEV»), electric vehicle, and energy storage industries. The Company expects to achieve such capacity expansion through two phases of construction: Phase I is to be completed by the end of 2022 to reach an annual production capacity of 2 GWh. Phase II is to be completed by the end of 2023 to reach the remaining 6 GWh of the planned annual production capacity expansion.

As of February 3, 2021, the Company is on track with its Phase I construction and also designing its Phase II construction. As part of its Phase I construction, the Company plans to invest RMB70 million to develop a production line with annual capacity of 0.7 GWh for its new model 32140 batteries, which is expected to be put in operation in the second half of 2021 to produce 50,000 model 32140 batteries per day. The Company may adjust its capacity expansion timeline to stay in sync with market conditions and client demands.

In addition to its capacity expansion in Nanjing, the Company also expects to invest RMB50 million in its manufacturing plants in Dalian to add one more production line with an annual capacity of 0.4 GWh to produce additional 100,000 model 26650 batteries per day. At the same time, the Company continues to renovate its existing facilities, upgrade its equipment, add new equipment, improve its product functionality, and enhance the raw materials and components used for production.

Mr. Yunfei Li, Chief Executive Officer of CBAK Energy, commented, «As the market demand for cylindrical lithium iron phosphate batteries rises rapidly to keep up with the development of light electric vehicles, electric vehicles, and energy storage, we are experiencing an influx of client orders. In anticipation of continuously rising market demand, we are investing aggressively in our production capacity expansion and existing facilities renovation. Looking ahead, we remain committed to optimizing our resource allocation, capitalizing on new market opportunities, and generating lasting value for our shareholders.»

About CBAK Energy

CBAK Energy Technology, Inc. is a leading high-tech enterprise engaged in the development, manufacturing, and sales of new energy high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian and Nanjing, as well as a large-scale R&D and production base in Dalian.

For more information, please visit www.cbak.com.cn.

Safe Harbor Statement

This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All «forward-looking statements» relating to the business of CBAK Energy Technology, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as «believes», «expects» or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ materially. These factors include but are not limited to: the ability of the Company to meet its contract or agreement obligations; the uncertain market for the Company’s lithium battery cells; business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage; and risks related to CBAK Energy’s business and risks related to operating in China. Please refer to CBAK Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as other SEC reports that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. CBAK Energy’s actual results could differ materially from those contained in the forward-looking statements. CBAK Energy undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release unless expressly requested by applicable law.

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SOURCE CBAK Energy Technology, Inc.

Advances In Technology & Decreasing Costs Leading to Increased Use Of Unmanned Aerial Vehicles for Delivering Medical Products

Financialnewsmedia.com News Commentary

PALM BEACH, Fla., Feb. 3, 2021 /PRNewswire/ — Advances in technology and decreasing costs have led to an increased use of unmanned aerial vehicles (UAVs) by the military and civilian sectors. The use of UAVs in commerce is restricted by US Federal Aviation Administration (FAA) regulations, but the FAA is drafting new regulations that are expected to expand commercial applications. Currently, the transportation of medical goods in times of…

Financialnewsmedia.com News Commentary

PALM BEACH, Fla., Feb. 3, 2021 /PRNewswire/ — Advances in technology and decreasing costs have led to an increased use of unmanned aerial vehicles (UAVs) by the military and civilian sectors. The use of UAVs in commerce is restricted by US Federal Aviation Administration (FAA) regulations, but the FAA is drafting new regulations that are expected to expand commercial applications. Currently, the transportation of medical goods in times of critical need is limited to wheeled motor vehicles and manned aircraft, options that can be costly and slow. There is a growing demand for the use of UAVs to deliver medical products and devices, including blood derivatives and pharmaceuticals, to hospitals, mass casualty scenes, and offshore vessels in times of critical demand. A recent report from ResearchAndMarkets projected that the global medical supply delivery service market size is expected to reach USD 96.6 billion by 2027, expanding at a CAGR of 6.5% over the forecast period. The increasing need for quick and secure transportation of supplies, devices, samples and specimens for testing and reducing logistics costs are some of the major factors driving the market.  Active stocks in the markets this week include Amazon.com, Inc.  (NASDAQ: AMZN), Plymouth Rock Technologies Inc. (OTCQB: PLRTF) (CSE: PRT), Johnson & Johnson (NYSE: JNJ), Novavax, Inc. (NASDAQ: NVAX), AgEagle Aerial Systems Inc. (NYSE: UAVS).

The ResearchAndMarkets report continued: «Based on the application, the medical supplies segment accounted for the largest revenue share in 2019 owing to the increasing need for faster delivery of medicines required at the time of natural calamities and emergencies. On the other hand, the emergency services segment is expected to exhibit the fastest growth during the forecast period owing to the increasing demand for ambulance drones to deliver various drugs and devices in emergencies… The rising demand for courier services to transport lab specimens, paperwork, prescription medications, lab work, infusion medicine, and equipment are driving the market growth. On the other hand, drones delivery segment is anticipated to be the fastest-growing segment, owing to the rising adoption of drones to transport blood and blood components during emergencies and disease outbreaks.»

Plymouth Rock Technologies Inc. (CSE: PRT.CNQ) (OTCQB: PLRTF)  BREAKING NEWSPLYMOUTH ROCK TECHNOLOGIES ANNOUNCES IMMINENT COMPLETION OF MEDIMOD FOR EMERGENCY BIOLOGICAL AND VACCINE TRANSPORT –  Plymouth Rock Technologies («Plymouth Rock», «PRT», or the «Company»), a leader in developing threat detection and unmanned technologies, is pleased to announce the latest addition to its PRT X1 and XV UAV (Unmanned Aerial Vehicle) payload systems.

MediMod is an active insulated refrigerated storage module that will have multiple medical uses and advantages, including assisting with the immediate need for rapid deployment of COVID-19 vaccine transportation to remote sites or between medical facilities as part of multiple national campaigns for mass vaccination.

The transportation module will be dual-use and can be set for warm or cool state for the transportation of blood, human transplant organs and various vaccines across cities and remote destinations.

Whilst some vaccines must be stored at extreme temperatures and others less so, all must be in a state of refrigeration. In the case of vaccines and in particular inoculation for COVID-19, the US Center for Disease Control (CDC) regulations stipulate that storage unit temperatures must be monitored regularly and checked and recorded at the beginning of each workday to determine if any momentary removals have occurred since the last temperature check.

The PRT system differs significantly from the ‘cool-box’ approach. The PRT X1 MediMod has the benefit of using an integrated active cooling and heating system within a detachable module that is also thermally insulated. This will allow for 1,200 doses to be transported within the MediMod via the PRT X1 multirotor drone and 6,000 doses on the PRT XV fixed wing VTOL system.

«This isn’t a reactionary product to the COVID-19 outbreak. Our engineers and scientists were devising this module to address the need for blood and organ transport for the future phases of the UK National Health Service (NHS) Medical Air Corridor as part of ‘Project XCelerate'», stated Carl Cagliarini, Co-Founder and Chief Strategy Officer of PRT. We have already proved out the PRT X1 being used in emergency situations to deliver an Automated External Defibrillator (AED) system on the PRT X1 to remote and inaccessible locations. The MediMod, having an immediate use to assist in the deployment of vaccines, is an additional capability that adds a greater value proposition of its original intent of rapid biological transport. The module will attach to both X1 and XV unmanned platforms» concluded Cagliarini.

«This medical transport capability is not simply a matter of delivery to remote places, the daily reports of tens of thousands of vaccines spoiled because of logistics delays is a real issue» stated Dana Wheeler, Co-Founder and CEO of PRT. «Using MediMod ensures that vaccine efficacy remains intact beyond the simple delivery flight time. We believe that this capability will help tremendously here in the United States, South America and even more so in the developing world where the refrigeration issue over a 30–50-minute flight will make a real difference. We will of course be submitting updates of this capability to our contacts in Government, United Nations and the World Health Organization (WHO)» concluded Wheeler.    Read this and more news for PRT at:  https://www.plyrotech.com/news/ 


Other recent developments in the tech industry include:

Amazon.com, Inc.  (NASDAQ: AMZN) recently announced its first-ever purchase of eleven Boeing 767-300 aircraft, expanding its fleet to continue to serve customers. The purchases include seven aircraft from Delta and four aircraft from WestJet, which will join the network by 2022. Amazon Air’s fleet expansion comes at a time when customers are relying on fast, free shipping more than ever.

«Our goal is to continue delivering for customers across the U.S. in the way that they expect from Amazon, and purchasing our own aircraft is a natural next step toward that goal,» said Sarah Rhoads, Vice President of Amazon Global Air. «Having a mix of both leased and owned aircraft in our growing fleet allows us to better manage our operations, which in turn helps us to keep pace in meeting our customer promises.»

Amazon Air plays a central role in delivering for customers by transporting items across longer distances in shorter timeframes. The four aircraft purchased from WestJet in March are currently undergoing passenger to cargo conversion and will join Amazon Air’s network in 2021, and the seven aircraft from Delta will enter Amazon’s air cargo network in 2022. These fleet additions will ensure added capacity in Amazon Air’s network for years to come. The company will continue to rely on third-party carriers to operate these new aircraft.

Novavax, Inc. (NASDAQ: NVAX), a biotechnology company developing next-generation vaccines for serious infectious diseases, recently announced memorandum of understanding with the Canadian government to produce NVX-CoV2373, the Company’s protein-based vaccine candidate against COVID-19 in Canada.

«Since the beginning of the pandemic, our top priority has been the health and safety of all Canadians,» said Prime Minister Justin Trudeau. «Today, we are investing in our biomanufacturing capacity so that we have the made-in-Canada vaccines and treatments we need to protect Canadians, now and in the future, and recover from the impacts of COVID-19.»

«The Canadian government has been diligent in partnering with Novavax to ensure broad access of our COVID-19 vaccine candidate to the citizens of Canada,» said Stanley C. Erck, President and Chief Executive Officer of Novavax. «Establishing a manufacturing foothold in Canada will be an important step forward in our quest to deliver an urgently needed safe and effective vaccine.»

Johnson & Johnson (NYSE: JNJ) recently announced topline efficacy and safety data from the Phase 3 ENSEMBLE clinical trial, demonstrating that the investigational single-dose COVID-19 vaccine in development at its Janssen Pharmaceutical Companies met all primary and key secondary endpoints. The topline safety and efficacy data are based on 43,783 participants accruing 468 symptomatic cases of COVID-19.

The Phase 3 ENSEMBLE study is designed to evaluate the efficacy and safety of the Janssen COVID-19 vaccine candidate in protecting moderate to severe COVID-19, with co-primary endpoints of 14 days and 28 days following vaccination. Among all participants from different geographies and including those infected with an emerging viral variant, Janssen’s COVID-19 vaccine candidate was 66% effective overall in preventing moderate to severe COVID-19, 28 days after vaccination. The onset of protection was observed as early as day 14. The level of protection against moderate to severe COVID-19 infection was 72% in the United States, 66% in Latin America and 57% in South Africa, 28 days post-vaccination.

AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading drone systems and solutions provider, recently announced the Company has agreed to acquire MicaSense, Inc from Parrot (Euronext Paris: PARRO), Europe’s leading drone group, in a combined cash and stock transaction valued at $23 million.

Based in Seattle, Washington, MicaSense has been at the forefront of advanced drone sensor development since its founding in 2014, having formed integration partnerships with several leading fixed wing and multicopter drone manufacturers, including DraganFly™, senseFly™, Quantum-Systems and Wingtra, among others. MicaSense’s patented, high precision thermal and multispectral sensors serve the aerial mapping and analytics needs of the agriculture market, and are well positioned to address applications in advanced inspection in the energy and insurance sectors and autonomous flight safety for package delivery, among other solutions. MicaSense’s high performance proprietary products, including Altum™, RedEdge-MX™, RedEdge-MX Blue™ and Atlas Flight™, have global distribution in 70 countries.

DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated forty five hundred dollars for news coverage of the current press releases issued by Plymouth Rock Technologies Inc. by a non affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. «Forward-looking statements» describe future expectations, plans, results, or strategies and are generally preceded by words such as «may», «future», «plan» or «planned», «will» or «should», «expected,» «anticipates», «draft», «eventually» or «projected». You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact email: editor@financialnewsmedia.com  – +1(561)325-8757 

 

 

 

Advances In Technology & Decreasing Costs Leading to Increased Use Of Unmanned Aerial Vehicles for Delivering Medical Products

PALM BEACH, Fla., Feb. 3, 2021 /PRNewswire/ — Advances in technology and decreasing costs have led to an increased use of unmanned aerial vehicles (UAVs) by the military and civilian sectors. The use of UAVs in commerce is restricted by US Federal Aviation Administration (FAA) regulations, but the FAA is drafting new regulations that are expected to expand commercial applications. Currently, the transportation of medical goods in times of critical need is limited to wheeled motor vehicles and manned…

PALM BEACH, Fla., Feb. 3, 2021 /PRNewswire/ — Advances in technology and decreasing costs have led to an increased use of unmanned aerial vehicles (UAVs) by the military and civilian sectors. The use of UAVs in commerce is restricted by US Federal Aviation Administration (FAA) regulations, but the FAA is drafting new regulations that are expected to expand commercial applications. Currently, the transportation of medical goods in times of critical need is limited to wheeled motor vehicles and manned aircraft, options that can be costly and slow. There is a growing demand for the use of UAVs to deliver medical products and devices, including blood derivatives and pharmaceuticals, to hospitals, mass casualty scenes, and offshore vessels in times of critical demand. A recent report from ResearchAndMarkets projected that the global medical supply delivery service market size is expected to reach USD 96.6 billion by 2027, expanding at a CAGR of 6.5% over the forecast period. The increasing need for quick and secure transportation of supplies, devices, samples and specimens for testing and reducing logistics costs are some of the major factors driving the market.  Active stocks in the markets this week include Amazon.com, Inc.  (NASDAQ: AMZN), Plymouth Rock Technologies Inc. (OTCQB: PLRTF) (CSE: PRT), Johnson & Johnson (NYSE: JNJ), Novavax, Inc. (NASDAQ: NVAX), AgEagle Aerial Systems Inc. (NYSE: UAVS).

The ResearchAndMarkets report continued: «Based on the application, the medical supplies segment accounted for the largest revenue share in 2019 owing to the increasing need for faster delivery of medicines required at the time of natural calamities and emergencies. On the other hand, the emergency services segment is expected to exhibit the fastest growth during the forecast period owing to the increasing demand for ambulance drones to deliver various drugs and devices in emergencies… The rising demand for courier services to transport lab specimens, paperwork, prescription medications, lab work, infusion medicine, and equipment are driving the market growth. On the other hand, drones delivery segment is anticipated to be the fastest-growing segment, owing to the rising adoption of drones to transport blood and blood components during emergencies and disease outbreaks.»

Plymouth Rock Technologies Inc. (CSE: PRT.CNQ) (OTCQB: PLRTF)  BREAKING NEWSPLYMOUTH ROCK TECHNOLOGIES ANNOUNCES IMMINENT COMPLETION OF MEDIMOD FOR EMERGENCY BIOLOGICAL AND VACCINE TRANSPORT –  Plymouth Rock Technologies («Plymouth Rock», «PRT», or the «Company»), a leader in developing threat detection and unmanned technologies, is pleased to announce the latest addition to its PRT X1 and XV UAV (Unmanned Aerial Vehicle) payload systems.

MediMod is an active insulated refrigerated storage module that will have multiple medical uses and advantages, including assisting with the immediate need for rapid deployment of COVID-19 vaccine transportation to remote sites or between medical facilities as part of multiple national campaigns for mass vaccination.

The transportation module will be dual-use and can be set for warm or cool state for the transportation of blood, human transplant organs and various vaccines across cities and remote destinations.

Whilst some vaccines must be stored at extreme temperatures and others less so, all must be in a state of refrigeration. In the case of vaccines and in particular inoculation for COVID-19, the US Center for Disease Control (CDC) regulations stipulate that storage unit temperatures must be monitored regularly and checked and recorded at the beginning of each workday to determine if any momentary removals have occurred since the last temperature check.

The PRT system differs significantly from the ‘cool-box’ approach. The PRT X1 MediMod has the benefit of using an integrated active cooling and heating system within a detachable module that is also thermally insulated. This will allow for 1,200 doses to be transported within the MediMod via the PRT X1 multirotor drone and 6,000 doses on the PRT XV fixed wing VTOL system.

«This isn’t a reactionary product to the COVID-19 outbreak. Our engineers and scientists were devising this module to address the need for blood and organ transport for the future phases of the UK National Health Service (NHS) Medical Air Corridor as part of ‘Project XCelerate'», stated Carl Cagliarini, Co-Founder and Chief Strategy Officer of PRT. We have already proved out the PRT X1 being used in emergency situations to deliver an Automated External Defibrillator (AED) system on the PRT X1 to remote and inaccessible locations. The MediMod, having an immediate use to assist in the deployment of vaccines, is an additional capability that adds a greater value proposition of its original intent of rapid biological transport. The module will attach to both X1 and XV unmanned platforms» concluded Cagliarini.

«This medical transport capability is not simply a matter of delivery to remote places, the daily reports of tens of thousands of vaccines spoiled because of logistics delays is a real issue» stated Dana Wheeler, Co-Founder and CEO of PRT. «Using MediMod ensures that vaccine efficacy remains intact beyond the simple delivery flight time. We believe that this capability will help tremendously here in the United States, South America and even more so in the developing world where the refrigeration issue over a 30–50-minute flight will make a real difference. We will of course be submitting updates of this capability to our contacts in Government, United Nations and the World Health Organization (WHO)» concluded Wheeler.    Read this and more news for PRT at:  https://www.plyrotech.com/news/ 


Other recent developments in the tech industry include:

Amazon.com, Inc.  (NASDAQ: AMZN) recently announced its first-ever purchase of eleven Boeing 767-300 aircraft, expanding its fleet to continue to serve customers. The purchases include seven aircraft from Delta and four aircraft from WestJet, which will join the network by 2022. Amazon Air’s fleet expansion comes at a time when customers are relying on fast, free shipping more than ever.

«Our goal is to continue delivering for customers across the U.S. in the way that they expect from Amazon, and purchasing our own aircraft is a natural next step toward that goal,» said Sarah Rhoads, Vice President of Amazon Global Air. «Having a mix of both leased and owned aircraft in our growing fleet allows us to better manage our operations, which in turn helps us to keep pace in meeting our customer promises.»

Amazon Air plays a central role in delivering for customers by transporting items across longer distances in shorter timeframes. The four aircraft purchased from WestJet in March are currently undergoing passenger to cargo conversion and will join Amazon Air’s network in 2021, and the seven aircraft from Delta will enter Amazon’s air cargo network in 2022. These fleet additions will ensure added capacity in Amazon Air’s network for years to come. The company will continue to rely on third-party carriers to operate these new aircraft.

Novavax, Inc. (NASDAQ: NVAX), a biotechnology company developing next-generation vaccines for serious infectious diseases, recently announced memorandum of understanding with the Canadian government to produce NVX-CoV2373, the Company’s protein-based vaccine candidate against COVID-19 in Canada.

«Since the beginning of the pandemic, our top priority has been the health and safety of all Canadians,» said Prime Minister Justin Trudeau. «Today, we are investing in our biomanufacturing capacity so that we have the made-in-Canada vaccines and treatments we need to protect Canadians, now and in the future, and recover from the impacts of COVID-19.»

«The Canadian government has been diligent in partnering with Novavax to ensure broad access of our COVID-19 vaccine candidate to the citizens of Canada,» said Stanley C. Erck, President and Chief Executive Officer of Novavax. «Establishing a manufacturing foothold in Canada will be an important step forward in our quest to deliver an urgently needed safe and effective vaccine.»

Johnson & Johnson (NYSE: JNJ) recently announced topline efficacy and safety data from the Phase 3 ENSEMBLE clinical trial, demonstrating that the investigational single-dose COVID-19 vaccine in development at its Janssen Pharmaceutical Companies met all primary and key secondary endpoints. The topline safety and efficacy data are based on 43,783 participants accruing 468 symptomatic cases of COVID-19.

The Phase 3 ENSEMBLE study is designed to evaluate the efficacy and safety of the Janssen COVID-19 vaccine candidate in protecting moderate to severe COVID-19, with co-primary endpoints of 14 days and 28 days following vaccination. Among all participants from different geographies and including those infected with an emerging viral variant, Janssen’s COVID-19 vaccine candidate was 66% effective overall in preventing moderate to severe COVID-19, 28 days after vaccination. The onset of protection was observed as early as day 14. The level of protection against moderate to severe COVID-19 infection was 72% in the United States, 66% in Latin America and 57% in South Africa, 28 days post-vaccination.

AgEagle Aerial Systems Inc. (NYSE American: UAVS), an industry leading drone systems and solutions provider, recently announced the Company has agreed to acquire MicaSense, Inc from Parrot (Euronext Paris: PARRO), Europe’s leading drone group, in a combined cash and stock transaction valued at $23 million.

Based in Seattle, Washington, MicaSense has been at the forefront of advanced drone sensor development since its founding in 2014, having formed integration partnerships with several leading fixed wing and multicopter drone manufacturers, including DraganFly™, senseFly™, Quantum-Systems and Wingtra, among others. MicaSense’s patented, high precision thermal and multispectral sensors serve the aerial mapping and analytics needs of the agriculture market, and are well positioned to address applications in advanced inspection in the energy and insurance sectors and autonomous flight safety for package delivery, among other solutions. MicaSense’s high performance proprietary products, including Altum™, RedEdge-MX™, RedEdge-MX Blue™ and Atlas Flight™, have global distribution in 70 countries.

DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated forty five hundred dollars for news coverage of the current press releases issued by Plymouth Rock Technologies Inc. by a non affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. «Forward-looking statements» describe future expectations, plans, results, or strategies and are generally preceded by words such as «may», «future», «plan» or «planned», «will» or «should», «expected,» «anticipates», «draft», «eventually» or «projected». You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact email: editor@financialnewsmedia.com  – +1(561)325-8757 

 

 

 

Cision View original content:http://www.prnewswire.com/news-releases/advances-in-technology–decreasing-costs-leading-to-increased-use-of-unmanned-aerial-vehicles-for-delivering-medical-products-301220737.html

SOURCE Financialnewsmedia.com

Tektronix launches industry’s first IEEE 802.3ch multi-gigabit Ethernet compliance test solution

BEAVERTON, Ore., Feb. 3, 2021 /PRNewswire/ — Tektronix, Inc. today announced the launch of its TekExpress  Multi-Gigabit Automotive Ethernet Compliance Test Solution as the first-in-market solution to meet the requirements of complex automotive designs. As newer automotive technologies such as autonomous…

BEAVERTON, Ore., Feb. 3, 2021 /PRNewswire/ — Tektronix, Inc. today announced the launch of its TekExpress  Multi-Gigabit Automotive Ethernet Compliance Test Solution as the first-in-market solution to meet the requirements of complex automotive designs. As newer automotive technologies such as autonomous driving, 5G and connected car solutions develop, the paths carrying the vast amount of data necessary to support those technologies must be tested to ensure reliable transfers between a vehicle’s electronic sub-systems. As an automated compliance test application, the Tektronix TekExpress Multi-Gigabit Automotive Ethernet Compliance Test Solution allows for quick, accurate and reliable validation and debugging for multi-gigabit Ethernet chipsets and electronic control units (ECUs) to meet Physical Media Attachment (PMA) transmitter measurement requirements for up to 10 Gb/s. The fully automated compliance test solution is fitting with the current version of the IEEE 802.3ch MultiGBASE-T1 specification.

«The Tektronix TekExpress Multi-Gigabit Automotive Ethernet Compliance Test Solution fulfills the need for reliable, easy-to-use and rapid multi-gigabit automotive Ethernet compliance and test support,» shares Raajit Lall, General Manager of Market Solutions. «Multi-gigabit Ethernet uses PAM4 modulation to achieve high data rates and reliability, pushing the boundaries of signal integrity and requiring higher performance measurements for compliance, debugging and validation. Debug tools like DPOJET and PAM4 Analysis also allow for quick identification of the root cause of a failure, saving time and effort.» Lall adds, «Tektronix continues to actively participate in the Open Alliance, using our engineering expertise to drive the development of in-vehicle network test specifications and methodologies to ensure reliable, cost-effective testing.»

This new Tektronix offering is part of its family of industry-leading automated compliance solutions for automotive Ethernet, working seamlessly with Tektronix oscilloscopes. And, because this new application uses the TekExpress automation framework, engineers do not have to learn a new software interface. This new application enhances Tektronix’s existing in-vehicle network solution offering of 10BASE-T1S, 100-BASE-T1 and 1000BASE-T1 compliance testing applications for automotive Ethernet standards.

The Tektronix IEEE 802.3ch Multi-Gigabit Ethernet automated compliance application is now available globally for 10G/5G/2.5GBASE-T1 automotive Ethernet Physical Media Attachment (PMA) transmitter compliance testing on DPO70000 SX/DX Series oscilloscopes. Product pricing begins at $14,500 USD. For more information, visit tek.com/automotive/automotive-ethernet.

About Tektronix

Tektronix, Inc., headquartered in Beaverton, Oregon, delivers innovative, precise and easy-to-operate test, measurement and monitoring solutions that solve problems, unlock insights and drive discovery globally. Tektronix has been at the forefront of the digital age for over 70 years. More information on our products and solutions is available at Tek.com.

Follow us on LinkedInFacebookTwitterYouTube and Instagram, and  to stay connected. Learn more from our engineers on the Tektronix blog and read our latest announcements in our Newsroom.

Tektronix is a registered trademark of Tektronix, Inc. All other trade names referenced are the service marks, trademarks or registered trademarks of their respective companies.

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SOURCE Tektronix, Inc.

Heartland region poised for industrial resurgence as firms consider returning from abroad

BENTONVILLE, Ark., Feb. 3, 2021 /PRNewswire/ — Today, Heartland Forward published new research, «Reshoring America: Can the Heartland Lead the Way?,» which finds the U.S. poised for an industrial comeback led by the Heartland and fueled by reshoring, the return of manufacturing centers to the U.S. from abroad. The…

BENTONVILLE, Ark., Feb. 3, 2021 /PRNewswire/ — Today, Heartland Forward published new research, «Reshoring America: Can the Heartland Lead the Way?,» which finds the U.S. poised for an industrial comeback led by the Heartland and fueled by reshoring, the return of manufacturing centers to the U.S. from abroad. The report notes growing bipartisan support for policies that bring foreign businesses home, as the Biden administration works to promote domestic manufacturing and Congress has grappled with the country’s dependence upon Chinese-made personal protective equipment (PPE) during the pandemic. Moreover, 70 percent of firms say they will likely reshore in the coming years, according to a 2020 survey. For the U.S. to reclaim its manufacturing prowess, the authors call on policymakers to embrace a holistic reshoring strategy.

U.S. Set for Manufacturing Resurgence

«Firms are starting to recognize the growing costs and dwindling benefits of offshoring,» said Ross DeVol, president and CEO of Heartland Forward. «The U.S.—especially the Heartland—is still a great place to do business.»

«Decades after the U.S. lost its position as the world leader in manufacturing, the country could make a comeback, if lawmakers from both parties work together to shift the focus of our trade and industrial policies toward reshoring,» said Joel Kotkin, senior fellow of Heartland Forward and principal author of the report.

While PPE shortages in the early stages of the pandemic brought attention to the dire need to bring medical manufacturing capacity home, the report stresses that reshoring is a long-term priority. The authors survey the economic evidence and find that firms increasingly need secure supply chains, easier access to key markets and a more talented, educated workforce. Heartland states offer these advantages and more, consistently ranking among the most business friendly in the nation. Six of the top 11 engineering schools are based in the Heartland, and the region offers ready access to raw materials, lower costs of doing business and shorter supply chains.

«Over the past decade, we’ve seen the rate of job creation due to reshoring accelerate dramatically,» said David Shideler, chief economist at Heartland Forward and a co-author of the report. «Still, there must be a bipartisan effort to sustain this progress, and it must go beyond narrow measures like tariffs or bans. Investments in physical infrastructure and education, loans, grants and tax incentives for investors would all go a long way toward promoting reshoring.»

Heartland Forward notes that, before the onset of the pandemic, the annual rate of job creation due to reshoring accelerated from 6,000 in 2010, to over 400,000 in 2019. The full report, including more on this trend, can be found here.

About Heartland Forward:

Heartland Forward’s mission is to improve economic performance in the center of the United States by advocating for fact-based solutions to foster job creation, knowledge-based and inclusive growth and improved health outcomes. We conduct independent, data-driven research to facilitate action-oriented discussion and impactful policy recommendations.

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SOURCE Heartland Forward

2021 Housing Market Shaping Up to be Even Hotter than 2020

SEATTLE, Feb. 3, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year, according to a new report from Redfin (<a target="_blank"…

SEATTLE, Feb. 3, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

In the week ending January 24, home-sale prices soared 18% and pending sales grew 28% from the same period last year. Fifty-five percent of homes that went under contract that week found a buyer in 14 days or less—the largest share to sell that quickly in at least nine years (Redfin data on this measure goes back through 2012).

«The main thing going on is scarcity of homes for sale. There’s nothing there, so people want it even more,» said Seattle Redfin real estate agent Scott Petrich. «Potential homebuyers who don’t have a good amount of savings are having a very hard time getting a house right now because the lack of supply is driving up prices, while low mortgage rates increase demand.»

Both the number of homes for sale—down 36% from a year ago during the week ending January 24—and the rate that new homes are being listed for sale—down 13%—are falling from last year’s already-low levels. The average home spent just 34 days on the market before selling—20 days less than the same time a year ago and also a record low for this time of year as far back as our data for this measure goes.

«There will continue to be a lack of new listings in early 2021,» said Redfin chief economist Daryl Fairweather. «But rock-bottom mortgage rates will have buyers eager to purchase the few listings that do hit the market. So I expect bidding wars, fast sales and double-digit price growth to continue. We are at a point in the pandemic where would-be sellers are expecting to be vaccinated in the next 6 months, so they may be waiting for that before selling. Once many more people are vaccinated for the coronavirus and more homeowners start to feel comfortable listing their homes for sale, the current deadlock of housing supply should start to loosen. Mortgage rates could inch up at the same time, which could bring a slight chill to the scorching-hot seller’s market.»

Homebuying demand, which typically slows through the winter, is 60% above where it was last year. This is according to the Redfin Homebuyer Demand Index, which measures requests to Redfin agents for homebuying services such as home tours and making offers to purchase a home.

«I don’t see the market slowing down at all in the next few months,» said Phoenix Redfin real estate agent Van Welborn. «People are confident in the market and people are buying homes. And it seems like nothing is holding them back: There was absolutely no slowdown for the holidays, the election didn’t affect anything, and the attack on the Capitol didn’t register on the housing market at all.»

While the hot market is largely only benefitting the few people who are selling their homes this winter, there are many people who simply couldn’t have afforded to buy a home within a short commute to work who are taking advantage of the flexibility of remote work and moving to where they can afford home prices and more space.

«It used to be that homebuyers who were priced out of the closer-in suburbs would look farther out for a home they could afford and compete for,» said Petrich. «Thanks to remote work, there has been a huge shift in homebuying demand to the farther-out, less expensive suburbs. It was very competitive before, but it has become much more intense now that people need more space.»

To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/2021-housing-market-forecast/

About Redfin

Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we are the #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin