Autor: venred

Navistar Collaborates with General Motors And OneH2 To Launch Hydrogen Truck Ecosystem

LISLE, Ill., Jan. 27, 2021 /PRNewswire/ — In collaboration with General Motors and OneH2, Navistar, Inc., a subsidiary of Navistar International Corporation (NYSE: NAV), is introducing a complete solution for customer implementation of a zero-emission long-haul system, which will be initially piloted by J.B. Hunt Transport, Inc., a subsidiary of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT).

…

LISLE, Ill., Jan. 27, 2021 /PRNewswire/ — In collaboration with General Motors and OneH2, Navistar, Inc., a subsidiary of Navistar International Corporation (NYSE: NAV), is introducing a complete solution for customer implementation of a zero-emission long-haul system, which will be initially piloted by J.B. Hunt Transport, Inc., a subsidiary of J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT).

«Hydrogen fuel cells offer great promise for heavy duty trucks in applications requiring a higher density of energy, fast refueling and additional range,» said Persio Lisboa, Navistar president and CEO. «We are excited to provide customers with added flexibility through a new hydrogen truck ecosystem that combines our vehicles with the hydrogen fuel cell technology of General Motors and the modular, mobile and scalable hydrogen production and fueling capabilities of OneH2. And we are very pleased that our valued customer J.B. Hunt has committed to utilize the solution on dedicated routes and to share key learnings.»

Navistar plans to make its first production model International® RH™ Series fuel cell electric vehicle (FCEV) commercially available in model year 2024. Test vehicles are expected to begin the pilot phase under the new, complete solution at the end of 2022. The integrated solution will be competitive with other powertrain offerings with a target range of 500+ miles and a hydrogen fueling time of less than 15 minutes.

The International® RHTM Series FCEV will get its energy from two GM Hydrotec fuel cell power cubes. Each Hydrotec power cube contains 300-plus hydrogen fuel cells along with thermal and power management systems. They are compact and easy to package into many different applications.

The combined propulsion system within the International® RHTM Series FCEV will feature better power density for short-range travel, better short-burst kW output and a per-mile cost expected to be comparable to diesel in certain market segments.

«GM’s vision of a world with zero emissions isn’t limited to passenger vehicles. We believe in EVs for everyone,» said Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain. «We’re thrilled to work with like-minded companies like Navistar and OneH2 to offer a complete solution for progressive carriers that want to eliminate tailpipe emissions with a power solution that can compete with diesel.»

Under its partnership agreement with Navistar, OneH2 will supply its hydrogen fueling solution, which includes hydrogen production, storage, delivery and safety. In addition, Navistar is taking a minority stake in OneH2. Through its affiliates, OneH2 plans to kickstart substantial hydrogen heavy truck refueling infrastructure by incorporating more than 2,000 International® RH™ Series FCEVs into existing truck fleets in the near term.

«We’re excited about the opportunity to partner with Navistar,» said Paul Dawson, OneH2 president and CEO. «We believe strongly that hydrogen fuel is the future of zero- emission renewable energy in the heavy truck market, and are pleased that this agreement will provide additional scope for its application. Under this agreement, we will be able to offer fleets a zero-emission truck with total cost of operation lower than diesel in key segments of the industry.»

These newly announced collaborations with General Motors and OneH2 represent important milestones in Navistar’s phased development of hydrogen fuel cell solutions. These technologies leverage Navistar’s battery electric vehicle platforms and provide the customer with a single-source, fully integrated zero-emission solution that includes vehicles, fueling and service.

«J.B. Hunt is committed to delivering more while using less, and this new fully-integrated solution offers a prime opportunity to do that,» said John Roberts, J.B. Hunt president and CEO. «As we serve our customers and communities, the combination of hydrogen fuel cell technology and refueling capability will enable us to reduce emissions along with energy consumption, fulfilling our environmental sustainability commitment to our customers and the communities we serve. We are excited for the potential of this innovative business model and look forward to sharing our learnings from this pilot program with Navistar and its involved technical and infrastructure partners.»  

For additional information, visit InternationalTrucks.com/HydrogenFuelCell.

About Navistar

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial trucks, proprietary diesel engines, and IC Bus® brand school and commercial buses. An affiliate also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com.

About General Motors

General Motors Company (NYSE: GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries can be found at https://www.gm.com.

About OneH2

OneH2, Inc., headquartered in Longview, North Carolina, is a privately held, vertically integrated hydrogen fuel company. OneH2 is emerging as a leader in providing scalable hydrogen fuel systems coupled with cost effective delivered hydrogen fuel for use in industrial vehicle and truck markets. For more information about OneH2, Inc. visit the Company’s website at www.oneh2.com. 

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

All marks are trademarks of their respective owners.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/navistar-collaborates-with-general-motors-and-oneh2-to-launch-hydrogen-truck-ecosystem-301216246.html

SOURCE Navistar International Corporation

Big Tech Companies Dominate 2021 Brand Pressure Index

NEW YORK, Jan. 27, 2021 /PRNewswire/ — For the first time, tech brands accounted for all five top companies on the third annual Brand Pressure Index released today by strategic…

NEW YORK, Jan. 27, 2021 /PRNewswire/ — For the first time, tech brands accounted for all five top companies on the third annual Brand Pressure Index released today by strategic consulting firm High Lantern Group.

The HLG Brand Pressure Index provides a comprehensive measure of social issues at the forefront of public discourse with the greatest impact on corporate brands, as prioritized by a universe of 3,500 leading activists, influencers and political figures. The analysis spans 6 million tweets in 2020 in association with 350 top social issues and their intersection with 1,000 corporate brands.

Key insights include:

  • Big Tech is the #1 industry facing pressure on social issues. Exposure continues to rise year over year, with tech brands targeted on a host of issues, including antitrust, disinformation, consumer privacy and racial equality.
  • Racial equality is the #1 issue impacting corporate reputation, with a 175% increase in corporate mentions by leading public actors in 2020 over 2019. Climate change dropped from the #1 issue to the #2 issue.
  • COVID drives surge in labor issues. Workplace safety jumped 134% in 2020. Labor issues account for 8 of the top 15 issues associated with the pandemic.
  • Brand pressure continues to rise. Overall issue-related brand exposure against businesses increased 4% in 2019 and 3% again in 2020, cementing public expectations for corporations to lead on social – and increasingly, political – issues in 2021.

«2021 will be Big Tech’s high-water mark in terms of the industry’s exposure to society’s priorities,» said Rob Gluck, Managing Partner of High Lantern Group. «Our research shows how brand strength correlates directly to higher societal expectations. The best companies use this relevance to deepen their engagement, establish leadership and build competitive advantage.»

Read our full analysis here.

High Lantern Group is a strategic consulting firm that specializes in business leadership and reputation in the public arena. The Brand Pressure Index is powered by HLG’s proprietary data analytics engine, which tracks more than 3,500 top issue-shaping activists, opinion leaders and policymakers – and leverages natural language processing to identify the issues most likely to shape public dialogue and corporate reputation. For more information about our firm and services, please visit us at highlanterngroup.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/big-tech-companies-dominate-2021-brand-pressure-index-301215752.html

SOURCE High Lantern Group

U.S. Wages Grew 4.4 Percent in Fourth Quarter 2020 Due to Low Wage Job Loss as COVID-19 Continues to Disrupt Labor Market

ROSELAND, N.J., Jan. 27, 2021 /PRNewswire/ — Wages for U.S. workers grew 4.4 percent over the last year, increasing the average wage level by $1.27 to $30.19 an hour, while employment growth demonstrated a continued downward slide by -7.9 percent according to the ADP Research Institute® <a target="_blank"…

ROSELAND, N.J., Jan. 27, 2021 /PRNewswire/ — Wages for U.S. workers grew 4.4 percent over the last year, increasing the average wage level by $1.27 to $30.19 an hour, while employment growth demonstrated a continued downward slide by -7.9 percent according to the ADP Research Institute® Workforce Vitality Report (WVR) released today. The average wage growth is higher than expected as a result of significant job losses among low wage earners, which increased the average. However, higher income groups experienced flat wage growth compared to lower income groups, as most of the job losses came from low wage jobs.

«The headline wage number masks the turbulence in the job market caused by COVID-19,» said Nela Richardson, chief economist, ADP. «When you look deeper at the data, it shows that the significant job losses we’ve seen in the lower income positions has inflated the overall average wage growth. For that reason, it looks like wages are growing at a healthy clip, when for the majority of workers, wages were either mostly flat or barely growing above inflation at year-end.»

«Additionally, even prior to the pandemic, wages by gender showed disparity among males and females, and that wage inequality widens as they progress in their careers, with males in the lead. For job holders who kept the same job through the 2020 pandemic, female workers made $8 less than male workers in December.»

Employment growth year-over-year continued a downward slide with -7.9 percent due to COVID-19. Leisure and hospitality was the hardest hit industry with a decline in employment growth by nearly 24 percent. Finance industry employment growth fared the best among all industries with a drop of 1 percent. Across industries, the overall wage growth slowed compared to the initial months of the pandemic.  Additionally, job-holders’ wage growth also slowed, likely due to wage freezes or job cuts as a result of the pandemic.

Table 1: Wage and Employment Growth by Industry – December 2020

Industry

Wages

YOY Wage Growth

Yearly Growth

All

Holders

Entrants

Switchers

Employment
Growth

Switching
Rate

-ALL-

$30.19

4.4%

4.0%

7.1%

5.0%

-7.9%

19.0%

Goods

Construction

$30.31

2.9%

3.9%

8.0%

5.4%

-2.9%

12.9%

Manufacturing

$31.47

3.8%

3.8%

6.0%

5.2%

-4.7%

16.4%

Resources and Mining

$40.23

16.0%

2.3%

0.0%

13.9%

-10.2%

7.1%

Services

Information

$42.22

0.6%

3.4%

6.8%

8.9%

-9.8%

17.1%

Finance and Real Estate

$35.57

3.6%

4.2%

13.4%

5.5%

-0.8%

14.6%

Professional and Business Services

$37.99

3.6%

3.3%

7.4%

8.0%

-6.8%

22.1%

Education and Health Services

$28.68

4.1%

3.5%

6.4%

4.2%

-4.6%

18.3%

Leisure and Hospitality

$18.98

4.9%

5.9%

5.0%

-1.3%

-23.8%

20.7%

Trade, Transportation, and Utilities

$25.76

1.5%

4.0%

7.6%

1.7%

-6.3%

22.4%

Although wage growth was strong across all regions, the Northeast suffered the worst employment growth of -10.5 percent. Job holders did best in the West, experiencing a wage growth of 4.3 percent, while job entrants in the Northeast and Midwest fared the best with wage growth of 8.7 percent each. By firm size, workers at the largest firms (1,000+) had the highest wage growth rate at 5.2 percent, while small firms experienced the worst employment growth at -9.7 percent.

Table 2: Wage and Employment Growth by Region and Firm Size – December 2020

Region

Wages

YOY Wage Growth

Yearly Growth

All

Holders

Entrants

Switchers

Employment
Growth

Switching
Rate

-USA-

$30.19

4.4%

4.0%

7.1%

5.0%

-7.9%

19.0%

MIDWEST

$28.16

4.3%

3.9%

8.7%

2.6%

-8.3%

17.8%

NORTHEAST

$34.30

5.8%

4.0%

8.7%

6.7%

-10.5%

20.0%

SOUTH

$27.94

3.5%

3.7%

7.6%

4.6%

-6.1%

19.3%

WEST

$32.52

4.4%

4.3%

5.2%

6.3%

-8.1%

18.9%

Company
Size

-ALL-

$30.19

4.4%

4.0%

7.1%

5.0%

-7.9%

19.0%

49 or less

$27.71

3.7%

4.1%

7.1%

4.8%

-9.7%

13.8%

50 to 499

$30.26

4.1%

3.7%

5.6%

4.9%

-7.9%

20.4%

500 to 999

$30.93

3.0%

4.0%

5.2%

2.0%

-6.8%

18.9%

1000 or more

$31.56

5.2%

4.1%

7.5%

5.7%

-6.8%

21.7%

The difference in hourly wages between the lowest income groups making less than $20K annually and the income group making between $20K–$50K annually is $5.27. That difference in hourly wages increases to $10.37 between the next income group (i.e. those making between $20K–$50K annually and $50K–$75K annually). However, the highest income group ($75K+ annually) earns more than twice that of next lower group ($50K–$75K annually). While wage disparity widens as income levels increase, the higher income groups experienced flat wage growth in the past year compared to lower income groups, as most of the job losses came from low wage jobs. The remaining jobs in the low-income group consequently improved their average hourly wage in relation to last year, resulting in the elevated average wage growth.

Table 3: Wages by Income Group – December 2020

Income Group

<$20K

$20K – $50K

$50K – $75K

$75K+

Hourly Wage

$11.93

$17.20

$27.57

$59.44

Wage Growth

6.2%

1.9%

-0.4%

0.1%

Employment Share

22.6%

37.7%

17.6%

22.2%

Job entrants earn similar wages by gender, with males earning $1.29 per hour more than women. However, the wage gap widens as they progress through their career. In fact, female holders and switchers earn about $7 less per hour than their male counterparts.

Table 4: Wages by Gender – December 2020

Hourly Wages

All

Holders

Switchers

Entrants

Female

$26.45

$29.02

$26.94

$13.29

Male

$33.31

$36.92

$33.66

$14.58

Wage Growth

Female

5.3%

4.4%

5.7%

6.9%

Male

3.7%

3.7%

4.7%

7.3%

About the ADP Workforce Vitality Report
The ADP Workforce Vitality Report (WVR) was developed by the ADP Research Institute. It is an unprecedented, in-depth monthly analysis (published quarterly) of the vitality of the U.S. labor market based on actual data that identifies labor market trends and dynamics across multiple dimensions.  These dimensions include employment growth, job switching, wage growth and hours worked.  In addition to the macro data presented in the report, there are also segment-specific findings by industry, state, gender, age, experience, and pay level.  Established in October 2014, the report methodology was updated in April 2018 utilizing monthly data to include additional data points and deeper insights.  For more information about the report, please visit http://workforcereport.adp.com/. 

Type of Workforce

Holders: Workers who were employed by the same company for the past 12 months.  The wage growth is the rate of change in wages in that time period.

Switchers: Workers who changed employers between consecutive months.  The wage growth is calculated from the 12 month moving average of wage growth.

Entrants: First time workers who are less than 25 years old.  The wage growth is calculated from the 12- month moving average of wages.

To see detailed results from the ADP Workforce Vitality Report for December 2020, including data broken down by region, firm size, industry, gender, and age visit http://workforcereport.adp.com/.  The first quarter 2021 ADP Workforce Vitality Report will be released on Wednesday, April 28, 2021.

About the ADP Research Institute
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

About ADP (NASDAQ-ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential.  HR, Talent, Time Management, Benefits and Payroll.  Informed by data and designed for people.  Learn more at ADP.com.

ADP, the ADP logo, Always Designing for People and ADP Research Institute are registered trademarks of ADP, Inc.   All other marks are the property of their respective owners. 

Copyright © 2021 ADP, Inc.

 

Chart 1: Yearly Wage & Employment Growth – December 2020. Yearly U.S. wage and employment growth according to the ADP Workforce Vitality Report by the ADP Research Institute.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/us-wages-grew-4-4-percent-in-fourth-quarter-2020-due-to-low-wage-job-loss-as-covid-19-continues-to-disrupt-labor-market-301215813.html

SOURCE ADP, Inc.

eHealth Supports Proposal to Re-Open ACA Enrollment For Americans Impacted by COVID-19

SANTA CLARA, Calif., Jan. 27, 2021 /PRNewswire/ — Today eHealth (NASDAQ: EHTH) (eHealth.com)  announced support for a proposal to re-open enrollment under the Affordable Care Act (ACA) for Americans whose lives and health care coverage have been disrupted by COVID-19.  

«We strongly support the Biden…

SANTA CLARA, Calif., Jan. 27, 2021 /PRNewswire/ — Today eHealth (NASDAQ: EHTH) (eHealth.com)  announced support for a proposal to re-open enrollment under the Affordable Care Act (ACA) for Americans whose lives and health care coverage have been disrupted by COVID-19.  

«We strongly support the Biden Administration’s leadership and quick action on ensuring access to health coverage for millions of American’s struggling with the impact of the pandemic,» said eHealth CEO Scott Flanders. «eHealth stands ready to assist in creating awareness of the program and to help consumers understand the coverage options that best support their needs and budget.»

eHealth was an early supporter of the ACA and the public/private sector partnership that continues to help millions of Americans afford and enroll in quality health insurance. The company also encourages expansion of subsidies for more Americans who cannot afford ACA coverage and expansion of Medicare eligibility for those over the age of 60.

About eHealth
eHealth, Inc. (NASDAQ: EHTH) operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, we have connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Our proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 180 health insurance carriers across fifty states and the District of Columbia.

Media inquiries:

Jeff Brown
jeff.brown@ehealth.com

eHealth, Inc. (PRNewsfoto/eHealth, Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ehealth-supports-proposal-to-re-open-aca-enrollment-for-americans-impacted-by-covid-19-301216220.html

SOURCE eHealth, Inc.

Loanpal receives $800+ million in first external investment round

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire/ — Loanpal, America’s number one point-of-sale payment platform for sustainable home solutions, today announced its first external investment round of more than $800 million led…

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire/ — Loanpal, America’s number one point-of-sale payment platform for sustainable home solutions, today announced its first external investment round of more than $800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings and private investors. As part of the transaction, which closed in 2020, Scott Sandell, Managing General Partner at NEA, and Laurence Tosi, Managing Partner of WestCap Group, have joined the company’s board of directors.

«We are solving big world problems with industry-leading technology that makes it easier for everyone to live a more sustainable lifestyle,» said Hayes Barnard, Founder, Chairman and CEO of Loanpal. «Everything on our platform is available as a convenient ‘buy now, pay later’ solution to help homeowners swiftly install smart home upgrades. The mission is to scale an easier deployment of carbon reducing products that benefit the planet, while empowering more Americans to work in mission-driven jobs.»

Loanpal’s proprietary point-of-sale payment platform equips businesses with the fast and frictionless digital tools they need to deploy sustainable home solutions at scale. The technology removes cost barriers for homeowners by providing flexible payment options and creates an efficient channel for financial institutions to deploy their capital in high-performing environmental, social and governance (ESG) assets. Loanpal has provided approximately $5.8 billion of capital for solar and other home efficiency products since 2018, empowering more than 175,000 families to upgrade their homes with modern, sustainable technologies. The platform is accessed by more than 12,000 sales professionals, supporting more than 20,000 clean energy jobs across the United States.

«Loanpal’s commerce platform puts sustainable home solutions within easy reach for homeowners, while creating tens of thousands of jobs and slashing carbon emissions in the process,» said Scott Sandell, Managing General Partner, NEA. «As with any market transformation, the path to sustainability requires a compelling value proposition and Loanpal’s offering squarely hits the mark. It’s one of the best businesses I’ve seen in my career, addressing a critical need for our planet, and I’m thrilled to support this team and its mission.»

«We believe this is just the beginning of a world-changing movement to empower homeowners through access to sustainable energy solutions,» said Laurence Tosi, Founder and Managing Partner, WestCap. «The Loanpal culture and mission reflects a passion for protecting our planet, enabling installers and helping homeowners easily adopt renewable energy technologies.»

About Loanpal
Loanpal is the nation’s number one point-of-sale payment platform for sustainable home solutions. The company is committed to delivering a technology-enabled lending experience that is simple, fast and frictionless, resulting in instant approvals at the point of sale. Loanpal’s technology is being utilized by over 12,000 sales professionals to deploy approximately $5.8 billion of capital for solar and other home efficiency products through its platform since 2018, empowering more than 175,000 families with the flexibility to buy now and pay over time.

Loanpal is a proud partner of GivePower, a 501c3 corporation, whose mission is to build and deploy solar-powered clean water and energy systems to communities in need around the world, currently serving 450,000 people in 19 countries. To learn more about Loanpal, visit, follow and connect with us at loanpal.com, @loanpal, and Linkedin.

About NEA
New Enterprise Associates, Inc. (NEA) is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With nearly $24 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO. The firm’s long track record of successful investing includes more than 230 portfolio company IPOs and more than 390 mergers and acquisitions. www.nea.com.

About WestCap Group
The WestCap Group is a growth equity firm founded by Laurence A. Tosi, who, together with the WestCap team, have founded, capitalized, and operated tech-enabled, asset-light marketplaces for over 20 years. With over $2 billion of assets under management, WestCap has made notable investments in technology businesses such as StubHub, Addepar, Bolt, Hopper, iCapital, Skillz and Sonder. To learn more about WestCap, please visit WestCap.com.

Contact
press@loanpal.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/loanpal-receives-800-million-in-first-external-investment-round-301216260.html

SOURCE Loanpal

VayuAI Among Teams Competing in AFWERX Energy Showcase

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire-PRWeb/ — AFWERX, the catalyst for fostering innovation within the U.S. Air Force, announced VayuAI as one of the 179 participating teams selected from across the globe competing to Reimagining Energy for the DoD.

The AFWERX Challenge is centered around six topics – Fixed and Mobile Energy Generation, Energy Transmission and Distribution, Fixed and Mobile Energy Storage, New Warfighting and Operational Equipment, Data Availability for Improved Planning…

SAN FRANCISCO, Jan. 27, 2021 /PRNewswire-PRWeb/ — AFWERX, the catalyst for fostering innovation within the U.S. Air Force, announced VayuAI as one of the 179 participating teams selected from across the globe competing to Reimagining Energy for the DoD.

The AFWERX Challenge is centered around six topics – Fixed and Mobile Energy Generation, Energy Transmission and Distribution, Fixed and Mobile Energy Storage, New Warfighting and Operational Equipment, Data Availability for Improved Planning and Decision Making, and Energy Culture, Policy, and Education. The proposals selected to advance represent innovative solutions to allow for more effective warfighting and humanitarian missions less reliant on fossil fuels.

Located in San Francisco, VayuAI is competing in the New Warfighting and Operational Equipment alongside a diverse group of teams – originating from the vast regions of North America, Europe, Australia and other allied countries – that represent entrepreneurial startups, small businesses, large enterprises, academic institutions and research labs all vying to Reimagine Energy for the Department of Defense.

«The AFWERX Reimagining Energy for the DoD Challenge is critical to our mission of increasing collaboration between large businesses and entrepreneurs to accelerate solutions for the Air Force,» stated Mark Rowland of AFWERX. «On behalf of AFWERX and the Department of Defense, we congratulate the teams advancing to the next phase. Their contributions are invaluable and have the potential to create game-changing results across the Air Force enterprise.»

The New Warfighting and Operational Equipment Challenge strives to radically reduce our dependence on fossil fuels and create non-fossil fueled vehicles and equipment. The Department of Defense (DoD) consumes large amounts of operational and facility energy to provide a combat-credible force. The DoD is one of the largest single consumers of energy globally, and the Air Force is the largest user of fuel energy in the US Government. The way we generate, transmit, store, and use this enormous amount of energy today is both a paramount combat enabler and a potentially crippling vulnerability.

VayuAI’s cloud-based platform will reduce labor-intensive tasks by enabling drones to autonomously and safely navigate their environment and perform their work. VayuAI enables drones and robotic ground vehicles to maneuver without risk of collision- in all weather, day or night. This breakthrough will allow the Air Force to transfer appropriate manned truck, helicopter, and fixed-wing aircraft missions to smaller and more efficient autonomous vehicles, with significant savings in fuel and manpower.

«VayuAI’s proprietary technology retires the current model of one drone per human operator,» said Jim Kiles, CEO of VayuAI. «This will enable a more scalable and autonomous fleet capable of executing the most challenging missions.»

To learn more about the Reimagining Energy for the DoD Challenges, click here

ABOUT VayuAI
VayuAI’s cloud-based AI enables connected machines to work better together to dramatically enhance outcomes. Solutions are focused on Drones and Wind Energy.

Learn more at vayuai.com.

ABOUT AFWERX
Established in 2017, AFWERX is a product of the U.S. Air Force, directly envisioned by former Secretary of the Air Force Heather Wilson. Her vision of AFWERX — to solve some of the toughest challenges that the Air Force faces through innovation and collaboration amongst our nation’s top subject matter experts. AFWERX serves as a catalyst to unleash new approaches for the warfighter through a growing ecosystem of innovators. AFWERX and the U.S. Air Force are committed to exploring viable solutions and partnerships to further strengthen the Air Force, which could lead to additional prototyping, R&D, and follow-on production contracts.

###
Media Contacts:
Neil Cohen
Neil@vayuai.com

AFWERX Media Contacts:
support@afwerxchallenge.com
Marketing@afwerx.af.mil

Media Contact

Jim Kiles, VayuAI, +1 (415) 317-2956, jim@vayuai.com

Neil Cohen, VayuAI, 415-652-5544, neil@vayuai.com

Twitter

 

SOURCE VayuAI

Angold Outlines New Drill Targets at Iron Butte, Nevada

VANCOUVER, BC, Jan. 27, 2021 /PRNewswire/ – Angold Resources Ltd. (TSXV: AAU) (FRA: 13L1)  («Angold» or the «Company») is pleased to announce that it has completed surface testing, a structural review and an outline of drill targets on the Iron Butte Project, located in the Battle Mountain Trend of northern Nevada. With these new insights the Company has extended new drill targets along the range-front for over 1.3km from the Red Ridge…

VANCOUVER, BC, Jan. 27, 2021 /PRNewswire/ – Angold Resources Ltd. (TSXV: AAU) (FRA: 13L1)  («Angold» or the «Company») is pleased to announce that it has completed surface testing, a structural review and an outline of drill targets on the Iron Butte Project, located in the Battle Mountain Trend of northern Nevada. With these new insights the Company has extended new drill targets along the range-front for over 1.3km from the Red Ridge Zone to the North Zone and toward the Company’s newly staked, 100% owned, Elephant Head claims. The Company is planning to commence drilling in the next few months.

Angold’s CEO, Mr. Adrian Rothwell, stated: «With historically long intercepts and excellent grades, a deep, intact oxide zone, as well as a total 1,544 hectares of prospective ground and new results demonstrating mineralized structures up to ~30m thick, Iron Butte continues to exhibit evidence of a large system. Excellent potential exists to increase the size of the deposit and historic resource with infill, lateral and deeper drilling.»

Figure 1. Claim Map of the Iron Butte (yellow) and Elephant Head Claims (green)

NEW DRILL TARGETS

Geologic mapping at Iron Butte has produced a new structural understanding, resulting in numerous new drill targets.

Newly identified structural intersections at Iron Butte allow targeted expansion of the historic resource on the project. There is excellent potential to expand the size of the historic resource by testing areas beyond the currently defined mineralization and by completing infill holes where drilling was too widely spaced to be classified as a resource.

Three target areas are being evaluated for drilling (Figure 2). First, in the Red Ridge resource area, seven structural intersections project below the extent of drilled mineralization and were not fully tested by the historic drilling. Second, a prominent intersection in the North Zone has not been drilled at depth. And third, the gap between Red Ridge and the North Zone contains six structural intersections that have not been adequately drill tested.

Figure 2. Map of structural intersections to be targeted during drilling. Also shown are grade shells of the historic resources on the project.

DRILL PROGRAM

Angold has developed a 2,500-meter drill program to target these structural intersections for higher grade and increased tonnage, infill between historic drill holes, to verify historic data for future use in resource calculations, and to extend mineralization along strike. This program may be expanded pending favorable initial results. The next step will be permitting a Notice of Intent to Explore with the Bureau of Land Management.

STRUCTURAL MAPPING

The Company has completed an initial program of geologic mapping and rock sampling at Iron Butte. The area overlying the historic resource on the project was mapped, focusing on mineralization, alteration, and particularly structural geology of the large mineralized system. The mapping revealed a series of large overlapping quartz veins up to ~30 meters thick, stretching 1.3 km along strike (Figure 3). Most of these large quartz veins have not been previously mapped. The structures are cored by intense silicification accompanying gold mineralization, are zoned outward to clay alteration, and display textures typical of epithermal gold deposits (Figures 4 and 5). Thirty-seven surface rock samples have been submitted for gold assay and multi-element analyses. Samples will also be subjected to hyperspectral analysis to identify alteration minerals.

The large quartz veins and the surrounding alteration were drilled by previous operators, resulting in the historic resource on the project. However, the new structural understanding presents drill targets that remain untested. In addition to identifying new large quartz veins, the detailed structural mapping revealed previously unidentified structural intersections in the mineralization. It is the intersections of veins that often form fluid pathways in gold deposits, tending to form higher grades and larger volumes of mineralization.

Figure 3. View to the southwest along the Iron Butte mineralized system, showing the series of intersecting large quartz veins and alteration zones.

Figure 4. Banded epithermal quartz vein with bladed calcite, typical of epithermal gold deposits. 

Figure 5. Quartz veining and intense silicification in porphyritic dike host rock. 

HISTORIC HIGHLIGHTED DRILL RESULTS

Gold mineralization has been encountered in drilling over an area of 1.3 x 2.9 km, and surface mineralization and alteration indicate additional untested targets within the Company’s claims.

Highlighted Intercepts from Historic Drilling (1980 to 2009):

Hole

Interval (m)

Grade (g/t Au)

From (m)

To (m)

H31-821

98

0.70

0

98

    includes

21

1.54

29

50

H32-82

70

0.68

0

70

H35-82

29

0.82

8

37

NC22

72

0.68

56

128

NC45

72

0.49

104

175

NC521

55

1.13

17

72

NC561

72

0.41

0

72

    and

49

0.83

104

152

    includes

12

1.70

139

151

CC09-02

34

1.72

61

95

C3 Road cut #3

32

1.42

8

40

1.

Ends in mineralization.

GEOLOGY

Gold-silver mineralization is believed to be controlled by a series of north-south, north-northeast and east-west structures that host silicification and epithermal quartz-pyrite-gold-silver mineralization within Pennsylvanian to Permian siltstones and argillites of the Cedars Sequence and Tertiary felsic volcanic rocks. Mineralization is completely oxidized from surface up to 175 metres depth and continues as sulphides to depths beyond 250 metres. Mineralization is also disseminated between veins, silicified structures and brecciated zones, and can occur as silicified breccia zones at the contact between volcanic and underlying sedimentary rocks. Mineralization is thought to be epithermal in nature with some similarities to sediment hosted Carlin type gold systems with jasperoids and opaline silica present.

Qualified Person
David Smith, CPG, the VP Global Exploration for Angold and a Qualified Person in accordance with National Instrument 43-101, is responsible for supervising the exploration programs at Angold’s projects and has reviewed and approved the technical information contained in this news release.

The Company has also granted 200,000 stock options to a consultant of the Company, in accordance with the provisions of its stock option plan. Each stock option is exercisable at $0.40 per common share for a term of two years and vest immediately.

About Angold
Angold is an exploration and development company targeting large-scale mineral systems in the proven districts of the Maricunga, Nevada and Ontario. Angold owns a 100% interest in the Dorado, Cordillera and South Bay-Uchi projects, and certain claims that append the optioned Iron Butte project.

ON BEHALF OF THE BOARD OF ANGOLD RESOURCES LTD.

«Adrian Rothwell»
Chief Executive Officer

Further information on Angold can be found on the Company’s website at www.angoldresources.com and at www.sedar.com or by contacting the Company by email at investors@angoldresources.com or by telephone at (866) 852 8719.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements: This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance and includes expectations of the resumption of trading of the Company’s common shares on the Exchange. All statements other than statements of historical fact may be forward-looking statements or information. Forward-looking statements and information are often, but not always, identified by the use of words such as «appear», «seek», «anticipate», «plan», «continue», «estimate», «approximate», «expect», «may», «will», «project», «predict», «potential», «targeting», «intend», «could», «might», «should», «believe», «would» and similar expressions. Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements, timelines and information contained in this news release.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/angold-outlines-new-drill-targets-at-iron-butte-nevada-301215865.html

SOURCE Angold Resources Ltd.

PASSPORT Magazine Releases Post-Vaccine 2021 Travel Forecast

NEW YORK, Jan. 27, 2021 /PRNewswire/ — With the arrival and distribution of the coronavirus vaccine, PASSPORT Magazine teamed with IGLTA (International LGBTQ+ Travel Association) to discover traveler’s confidence in the COVID-19 vaccine and assess their travel plans for 2021. 

A survey was sent out to over 94,000 travelers subscribed to PASSPORT Magazine along with IGLTA subscribers and asked when they plan to travel, where they plan to go, how they plan to get there, and…

NEW YORK, Jan. 27, 2021 /PRNewswire/ — With the arrival and distribution of the coronavirus vaccine, PASSPORT Magazine teamed with IGLTA (International LGBTQ+ Travel Association) to discover traveler’s confidence in the COVID-19 vaccine and assess their travel plans for 2021. 

A survey was sent out to over 94,000 travelers subscribed to PASSPORT Magazine along with IGLTA subscribers and asked when they plan to travel, where they plan to go, how they plan to get there, and more. 

Key findings from the survey include: 
~ 79% of travelers plan to get vaccinated before the summer 
~ 58% of travelers plan to make their first trips before the fall of 2021
~ 38% of travelers plan to visit Europe for their next vacation 
~ 52% of travelers plan to visit urban/cultural destinations 

The full results of the study can be found here: 
https://passportmagazine.com/vaccine-survey-results/ 

About PASSPORT Magazine 
For the past 20+ years, PASSPORT Magazine has been an Award-winning source of unbiased travel writing about destinations, hospitality, and other topics pertinent to the LGBTQ traveler and their friends. 

PASSPORT Magazine is a registered trademark of Q Communications, Inc. PASSPORT is published by Q Communications, Inc., 247 West 35th St., 12th Floor, New York, NY 10001. https://passportmagazine.com/ 

About IGLTA 
The International LGBTQ+ Travel Association is the global leader in advancing LGBTQ+ travel. IGLTA’s mission is to provide information and resources for LGBTQ+ travelers and expand LGBTQ+ tourism globally by demonstrating its significant social and economic impact. IGLTA membership includes LGBTQ+ and LGBTQ+ welcoming accommodations, destinations, service providers, travel agents, tour operators, events and travel media in more than 80 countries. https://www.iglta.org/

Media Contact: 
Don Tuthill 
212-594-6520 
290093@email4pr.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/passport-magazine-releases-post-vaccine-2021-travel-forecast-301216175.html

SOURCE PASSPORT Magazine

Molex Unveils Major Sensor Innovations in Automotive Active Noise Cancellation to Improve Safety and Driving Experiences

LISLE, Ill., Jan. 27, 2021 /PRNewswire/ —

LISLE, Ill., Jan. 27, 2021 /PRNewswire/ —

  • First road-noise cancelling product in new sensor family enters production
  • Performance validated for reductions in noise, weight and cost
  • Fewer design cycles and flexible sensor placement simplifies engineering
  • Molex teams with Analog Devices and Silentium to advance automotive ecosystem
Transition to electrified vehicles increases need to reduce road noise, driver fatigue and «highway hypnosis»

Molex, a leading global connectivity and electronics solutions provider, introduced an accelerometer-based Road Noise Cancelling (RNC) sensor, the first product in a new family of automotive Active Noise Cancellation (ANC) sensors. These sensors will play a critical role in combatting unwanted road, wind and HVAC car noise while reducing low-frequency sounds that increase driver fatigue.

Advancements in the electronics industry have enabled ANC technology, more commonly associated with high-end headphones, to transform how car manufacturers address road-based noises. Instead of installing expensive and heavy sound-absorbing materials to insulate car interiors from excessive road noise, ANC sensors are designed to be installed on a car’s chassis for more accurate and efficient results. Devices mounted to wheel wells and car frames, however, must be built to withstand the harshest conditions.

«As the transition to electrified vehicles intensifies, it will become critical to reduce road noise, which today is masked by internal combustion engines,» said Carrieanne Piccard, VP and General Manager, Transportation Solutions Business Unit, Molex. «Our long history in the automotive industry uniquely positions Molex to develop powerful, durable sensor technology that captures and cancels road noises while enabling safe and enjoyable driving experiences.»

According to Molex’s recently commissioned «The Future of Automotive Survey,» nine in 10 new cars in 2030 will be hybrid or fully electric. In fact, respondents ranked electrification, connectivity and sensor technology among the most important innovations. They also cited the need for electronics and software to operate in extreme scenarios as a barrier to innovation.

Superior Performance in Harsh Conditions

Molex’s family of ANC accelerometer and microphone sensors use Analog Devices’ Automotive Audio Bus® (A2B) technology to ensure delivery of high-fidelity audio while significantly reducing cabling complexity, costs and weight. By pairing its sensors with the A2B network, Molex transmits noise signals to the processing unit in less than two milliseconds. The sensors include integral connectors and are daisy chained to simplify integration while providing up to a 30% reduction in cable weight. Derived from Molex’s Mini50 Connector family, these connectors offer up to 50% space savings over traditional USCAR 0.64 connectors.

Moreover, Molex’s sensors are available in different housings, including an IP6K9K enclosure, to ensure greater protection from harsh conditions while enabling placement closest to the road noise. Detecting the sound at its source speeds processing of the noise-canceling signal; A2B technology also allows a higher number of signals per chain to be processed. Unlike other products on the market, Molex sensors are sensitive enough to measure and cancel road noise at slower vehicle speeds, giving designers greater flexibility in sensor placement while simplifying engineering.

«Analog Devices is pleased to collaborate with Molex to bring to market low-latency ANC / RNC sensors based on Analog Devices’ A2B network and MEMs accelerometer technologies,» said Vlad Bulavsky, Senior Director, Automotive Connectivity, Analog Devices, Inc. «We are already seeing early signs that the quality of Molex’s sensors together with A2B/ADXL317’s design simplicity is resonating with our mutual customer base.»

Safer, Optimized Driving Experiences

Molex also has tested and validated the use of its RNC sensor with Silentium’s «Active Acoustics» software, which removes up to 90% of unwanted noises across a broad band of frequencies (from 20Hz to 1kHz) to improve driver and occupant comfort, safety and wellbeing. In particular, the elimination of frequent humming or droning noises coming from roads and tires is critical to decreasing «highway hypnosis» and driver fatigue.

«Working with Molex accelerates our ability to usher in a new era of safer, more enjoyable driving experiences,» said Yoel Naor, CEO of Silentium. «Seamless integration of Molex’s sensors with our software also reduces automotive design cycles and engineering costs.» Silentium’s noise cancelling technology is being adopted by leading automotive suppliers and OEMs. Jaguar and Land Rover announced deployment of Silentium’s technology in October 2020.

More information about Molex’s Active Noise Cancellation Sensors can be found here. 

Molex Automotive: Experience Counts
For nearly 30 years, Molex has played a vital role in the automotive industry, especially in addressing demand for flawless interconnectivity of mobile devices and data services. In that time, the company has supplied more than 95% of engine control and powertrain connectivity solutions for a major automotive OEM. Molex brings its heritage in networking and longstanding reputation for product quality and customer collaboration to meet growing consumer needs across the automotive ecosystem, spanning electrification, Advanced Driver-Assistance Systems (ADAS), automotive high-speed networking, vehicle antenna systems, connected mobility solutions and vehicle-to-everything communications (V2X).

About Molex
Molex makes a connected world possible by enabling technologies that transform the future and improve lives. With a presence in more than 40 countries, Molex offers a complete range of connectivity products, services and solutions for the data communications, medical, industrial, automotive and consumer electronics industries. For more information visit www.molex.com.

Automotive Audio Bus® (A2B) technology is a registered trademark of Analog Devices Inc.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/molex-unveils-major-sensor-innovations-in-automotive-active-noise-cancellation-to-improve-safety-and-driving-experiences-301215874.html

SOURCE Molex Incorporated

CarSeatRecycling Becomes Clek’s Exclusive Child Safety Seat Recycler in The U.S.

FRISCO, Texas, Jan. 27, 2021 /PRNewswire/ — CarSeatRecycling, the nation’s leading child safety seat recycling service provider, proudly announced today that it is

FRISCO, Texas, Jan. 27, 2021 /PRNewswire/ — CarSeatRecycling, the nation’s leading child safety seat recycling service provider, proudly announced today that it is Clek’s exclusive child passenger safety seat recycling service provider in the United States.

More than 10 million child safety seats are sold in the U.S. every year, however, almost 90% of them will end up being landfilled or incinerated because of a lack of affordable and convenient recycling solutions.

The partnership between both companies will make it easier for consumers to recycle their broken or expired car seats, regardless of the seat size or brand, by making the service virtually free. Consumers who purchase a recycling service on carseatrecycling.com will receive a single use coupon of equal value to be redeemed on any item purchased on Clekinc.com.

«We are delighted to partner with Clek, who is such an innovative and forward-looking organization. Very few companies are committed to doing the right thing. Clek not only provides a sustainable end-of-life program for the products they manufacture, they also forge partnerships across the supply chain to ensure that their competitor’s products are safely recycled as well.» said Vanessa Lépice, CarSeatRecycling VP of Marketing.

«For the past 8 years, we have offered our customers a car seat recycling program. The program allowed Clek consumers to return their end-of-life seats back to Canada for disassembly and recycling.» Said  Christopher Lumley, Clek’s Founder and Chief Executive Officer. «This strategic partnership with CarSeatRecycling allows us to further reduce our ecological footprint by providing domestic recycling services in the United States.»

For more information about Clek’s commitment to environmental protection visit https://clekinc.com/recycling , and for more information about how to recycle your old car seat, visit carseatrecycling.com.

About CarSeatRecycling

CarSeatRecycling, an 1GNITE Solutions company, is a national provider of child safety seat recycling services. CarSeatRecycling offers convenient mail-back programs to help consumers  recycle their old car seats nationwide and delivers plug-and-play collection events to retailers, municipalities, and selected manufacturers. To recycle your old car seats, visit carseatrecycling.com.

About Clek

Clek is a Canadian-based manufacturer of award-winning child passenger safety seats that combine safety with ease-of-use and modern style. Born out of the world’s largest, most diversified automotive supplier, Clek offers the superior design, engineering best practices, world-class manufacturing, and craftsmanship found in luxury automotive seating today. Clek produces a series of innovative child passenger safety seat products and accessories. www.clekinc.ca or www.clekinc.com 

Media Contact
Vanessa Lepice
261491@email4pr.com 

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/carseatrecycling-becomes-cleks-exclusive-child-safety-seat-recycler-in-the-us-301216118.html

SOURCE CarSeatRecycling