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Kenmode Boosts Production of Metal Stamped Busbars To Meet Growing Demand for Electric Vehicles

ALGONQUIN, Ill., Oct. 21, 2020 /PRNewswire-PRWeb/ — As demand for electric vehicles has exploded in recent years, Kenmode Precision Metal Stamping has been adding new technical capabilities to produce custom busbars to transmit power in all types of electric vehicles, whether hybrid, all-electric, or autonomous (self-driving). Founded in 1960, Kenmode has produced precision metal stamped parts for the automotive and electronics industries for decades. To meet the need for new busbar designs,…

For the automotive and transportation markets, custom metal stamped busbars of different sizes and complexities are required to transmit current from high-powered battery packs to a variety of electrical applications, including the engine itself and such electric-powered features as sunroofs, sensors, communications, windows, remote control, and anti-lock braking systems. Kenmode provides comprehensive services to take new busbar designs from concept to completion, including prototyping and design assistance, tool design, and precision metal stamping, as well as coordinating specialized finishing services to produce the complete busbar assembly.

«At Kenmode, we take pride in helping our customers get their new products to market as quickly and cost effectively as possible. That means we invest in new technology ahead of the curve to meet new requirements for our customers,» says Kurt Moders, president. «This is absolutely critical as the demand for electric vehicles grows exponentially.»

According to Bloomberg NEF market forecasts, electric cars are expected to grow from 2.7% of all global passenger vehicle sales in 2020 to 10% by 2025, rising to 28% in 2030 and 58% in 2040.

For electric vehicles, busbars must be both strong and lightweight, which allows vehicles to extend their range before recharging. The most commonly used materials for automotive metal stamped busbars are conductive alloys such as copper, bronze and aluminum. Due to the complexity of busbar assemblies for electric vehicles, many automotive OEMs and Tier 1 and 2 suppliers choose to start with a prototype busbar. Kenmode’s Tech Center provides rapid prototyping services and fast turnaround on approved designs.

«Every busbar design is different from one battery to the next because of fit and function. We work with our customers’ engineers to find the most economical way to produce the busbars needed,» observes Kurt Meissner, sales manager for key accounts. «One recent project for an electric vehicle required 13 new tool designs for the metal stamped busbars, which were sourced and built quickly by our in-house tool design team to a very successful and on-time launch.»

Kenmode also offers value-added finishing services, whether handled in-house or coordinated with our approved supply base – from complex busbar bending to metal plating, welding, hardware insertion, plastic injection molding, specialty coating for insulators, and cleaning – in order to deliver complete busbar assemblies on time and on budget.

ABOUT KENMODE PRECISION METAL STAMPING
Since its founding in the Chicago suburbs in 1960, Kenmode has built a reputation for strict adherence to uncompromised quality and performance standards in the manufacture of complex, high-precision custom metal stampings and assemblies for the automotive, busbar, electronics, consumer goods, insert molding, and medical device industries worldwide. Today, Kenmode fields one of the largest and most experienced engineering, design, and tool and die teams in the industry and employs the latest technology throughout the metal stamping design and production process. Kenmode handles a wide range of metal stamping materials and component parts, from micro-miniature medical stampings that incorporate precious metals to large automotive stampings made from steel.

SOURCE Kenmode Precision Metal Stamping

TVNET / WRLD1 platform of over 200 Internet TV networks launched by technologist and founder of the worldwide $38 billion RKE -Remote Keyless Entry Vehicle Security industry

SAN FRANCISCO, Oct. 21, 2020 /PRNewswire/ — Nathan Sassover, founder of TVNET INC. announced this month several phases of networks commencing with COVID19TV.com as the first Internet TV network dedicated entirely to the global pandemic and the primary new Network in the WRLD1 Health /Wellness space followed by three other network groups with viewable links below.

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Sassover initiated his technology trajectory in the field of microelectronics originating with his two primary patents which created the leading three decade worldwide consumer technology utilizing wireless programmable PCM [pulse code modulation] on a chip for consumer automotive markets.

This development in turn created the global $38.8 billion RKE- Remote Keyless Entry Vehicle Security industry. Sassover’s 2 patents [View links to the 2 USPTO patents below] are the verified basis and source of the entire worldwide Remote Keyless Entry industry. [See attached Report below.]

Industry projections for the RKE technology by Technavio market research group provides global revenue analysis from 2017 thru 2021 and projects the global security industry to reach $83.57 billion by 2021 with the RKE-Remote Keyless Entry sector created by Sassover’s technology to constitute over 71% of that figure or global revenues of $59.3 billion worldwide by 2021. [See attached Report below.]

Clearly, Remote Keyless Entry is an integral and recurring part of daily life for the majority of the global population that drive any type of motor vehicle.

The RKE technology, based on the two [ 2 ] Sassover utility patents, has been and continues to be standard equipment on every automobile produced globally inclusive of all North American cars as well as every vehicle produced by all auto manufacturers worldwide for over three decades.

Based on its enduring unchallenged global market prominence, the Remote Keyless Entry System has become the 2nd most installed consumer automotive electronic product in history. . . the first being the Car Stereo.

Sassover noted: «At one point many years later it became apparent that global market share for the technology and the RKE industry was secure and so the focus gradually evolved to two areas of enlarging strategic and personal interest: Health Sciences and Digital Media.»

Please view attached link:
WHO’S WHO IN TECHNOLOGY_OCT 1 Final. pdf.
Google doc with Corporate Overview update.

https://drive.google.com/file/d/1qV9l2FpZQg8Gt_IbPFwPZ-gaqHTRh_2t/view

Sassover KVR Patents

Microelectronic keyless remote systems

About TVNET INC.

TVNET has since 2012 evolved its diverse WRLD1 platform, currently at 195 networks on air, in parallel with the enlarging capabilities of its APTVE technology solution.

WRLD1.com is powered by APTVE: Application Programmed Television Engine-a TVNET mobile netcast architecture enabling AI empowered geocentric networks across the 8 regions of the world. WRLD1 WEBrands marketing affiliate evaluates new opportunities and welcomes proposals for strategic partnering, co-ventures and innovative new Internet venues for development of regional / global editorial, marketing and commerce alliances across the entire platform of networks.

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SOURCE TVNET INC.

RV Rental Marketplace Leader RVshare Raises $100+ Million in Growth Capital Led by KKR

AKRON, Ohio and AUSTIN, Texas, Oct. 21, 2020 /PRNewswire/ — RVshare, the world’s first and largest peer-to-peer RV rental marketplace, today announced a $100+ million fundraising round led by global investment firm KKR, with participation by existing investor Tritium Partners. The fundraising will provide capital, as well as access to KKR’s operational resources and global network, to help RVshare build on its leadership position and record 2020 growth with goals to rapidly scale the RV rental industry.

RVshare connects travelers looking to experience RV travel with RV owners interested in turning their RV into a second source of income. Since the company’s founding in 2013, RVshare has successfully built a leading position in the emerging market of RV rentals, amassing more than two million days booked on its platform and over 100,000 RVs ranging from luxury motorhomes to campervans to travel trailers.

«At RVshare, our mission is to expand the definition of travel, providing a unique, seamless experience that will allow travelers to build lifelong memories with loved ones,» RVshare’s CEO Jon Gray said. «I am very proud of our employees and thankful to our customers for helping build RVshare into the market leader it is today – and we are only at the beginning of where our business can go. This financing and the support of KKR’s global platform positions us well to invest in future growth and provide the best experience for our owners and renters.»

«We are thrilled to work together with RVshare to build on the success they have achieved to date as a market leader in an important yet underserved category of travel,» said Jake Heller, Co-head of KKR’s Technology Growth team in the Americas. «Jon and team have proven they can deliver explosive growth with impressive capital efficiency and we look forward to leveraging KKR’s global experience and network in mobility, travel and technology to help unlock new opportunities for RVshare.»

Ben Pederson, Principal with KKR’s Technology Growth team, added: «RVs are the preferred accommodation for the more than 40 million US households that go camping each year. Younger generations of travelers are discovering and embracing domestic travel and RVshare is providing a seamless marketplace experience where RV owners can share their passion for camping and unlock the value of their assets.»

«RVshare has helped provide amazing travel experiences for millions of travelers and has seen sensational growth since its founding,» Managing Director of Tritium Partners Phil Siegel said. «As a result of the pandemic, RVshare has seen an acceleration of growth as consumers have sought out RVs as a way to travel during these challenging times. Tritium is excited to continue investing in this team, business, and a category that is just getting started. Adding the KKR team, with their fantastic set of experiences and resources, will help take RVshare to much greater heights.»

KKR is making its investment through its Next Generation Technology Growth Fund II, a global fund dedicated to growth equity investments in the technology space. KKR has established a strong track record of supporting technology-focused growth companies, having invested over $2.7 billion in related investments since 2014.

GCA Global served as financial advisor to RVshare on the deal.

About RVshare
RVshare is the first and largest peer-to-peer RV rental marketplace. With more than 100,000 vehicles available, RVshare’s diverse inventory ranges from affordable travel trailers to luxury motorhomes and can accommodate any outdoor adventure, whether it’s a weekend of camping or a cross-country tour of national parks. Through RVshare, families and groups can experience a one-of-a-kind trip and create memories that will last a lifetime. In addition to offering a unique travel experience, RVshare provides RV owners in North America the opportunity to turn their RV into a second income. For more information, visit www.rvshare.com. Follow us on Facebook, Instagram, Twitter, and YouTube.

About KKR
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About Tritium Partners
Founded in 2013, Tritium Partners is a private equity firm focused on technology and services companies with exceptional growth potential. Tritium’s founder team, which came together from strategic consulting and boutique banking backgrounds, has exclusively focused on growth investing in their careers. With > $900 million of assets under management, Tritium actively partners with talented founders and executives to build market-leading companies through high-growth initiatives, while maintaining capital efficiency. Tritium’s approach emphasizes creating long-term value through strategic growth initiatives and acquisitions, with a focus on FinTech and financial services, Internet marketplaces, software data and analytics, supply chain and logistics, and tech-enabled business services.

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SOURCE RVshare

De Tomaso Automobili to Embark on a Journey to America, Creating & Inspiring a Modern-Day American Automotive Renaissance

MODENA, Italy, Oct. 21, 2020 /PRNewswire/ — Dear friends,

In these difficult times, we truly hope that…

MODENA, Italy, Oct. 21, 2020 /PRNewswire/ — Dear friends,

In these difficult times, we truly hope that you and your loved ones have been keeping well. Our recent silence has had a purpose. An essential period to focus on one‘s health, safety and family. A moment to reflect on our past, present and the beauty that lies ahead. Although our marketing took a pause, our P72 development programme has continued as planned. We have also been working diligently on something new and quite special. But, perhaps not what you expected.

A Clarion Call

From the P70 to the Pantera, our brand‘s history is defined by boldly shirking convention. Taking our cue and our inspiration from Alejandro de Tomaso himself, we are charting our own course for the future while paving the way for the next generation. Upon the launch of the P72 last year, we promised to tell the untold story of De Tomaso‘s history as well as properly revive the legendary brand in a sustainable manner. For the next chapter of our journey we are embarking on a new mission – Mission AAR.

Today, we are pleased to quell the mystery shrouding our Mission AAR campaign.

Mission AAR is a long-term, multi-stage, strategic initiative to return America‘s automobile industry to its glory days of automotive design and preeminence. And it begins with our first step, which we are proudly taking today.

De Tomaso will move its core operations to the U.S., setting our sights on igniting a new golden era of American automotive design and excellence as well as creating opportunity, cultivating talent and fostering bold collaboration.

«Our automotive endeavors are rooted in history – that of our company and of those who inspire us. We draw inspiration from the ‘golden-era‘ of American Automotive Design in the 1920-60s and our decades-long use of American powertrains. As we seek to shape the next chapter of our iconic brand, we will honor our history. We are doubling down on our inspiration to create the next great European-American icons right here in the U.S. This is true to our legacy and reflects our desire to forge a pathway for the next generation of American automotive greats while also helping strengthen American skills in automotive design and craftsmanship.» – Norman Choi, Chairman – De Tomaso Automobili.

«De Tomaso has always been a unique Italian-Argentine-American automotive brand known for iconic design and bold initiatives while inspiring innovation. Our love of automotive history and of the glory days of American automotive design and provenance is what drives us to take on this effort and make it our mission. Why is it that the majority of luxury, designer goods that Americans and the world strive to own, come from Europe? Why not America? People often talk about the offshoring of American jobs, but no one talks about the offshoring of American dreams and desires, which has led to many Americans aspiring to one day own a European vehicle. Building our P72 in America is the next great step in our history and one we are eager to undertake. We will reignite the romance, beauty, passion and elegance of luxury American automobiles. Our mission is clear – we will carry our legacy forward here in America and by doing so, create opportunity, cultivate talent and inspire collaboration. We believe that if we come together and work toward making a lasting impact on our industry and our world, anything is possible.» – Ryan Berris, CEO/CMO – De Tomaso Automobili.

Our Roots Meet Our Future
De Tomaso – A European-American Brand

De Tomaso‘s history is marked by collaboration with American automobile legends such as Lee Iacocca, Carroll Shelby, Peter Brock and Tom Tjaarda. De Tomaso‘s bold endeavor marks the next chapter of the company‘s journey and sets the foundation for a historic and inspiring revival. De Tomaso will be a «purpose-driven» automotive pioneer acting in a way that retains the company‘s heritage as a daring world-class automotive icon and as a disruptor of the status quo.

Mission AAR’s First Phase is the relocation of De Tomaso‘s core operations to the United States, including the production of its iconic P72 sports car, which pays homage to the company‘s P70 racing car. The iconic P72, first introduced in July 2019 and oversubscribed shortly thereafter, will be hand-built in America. The P72 is a true European-American icon from its provenance, design, engineering, powertrain, supply base and technical partners.

De Tomaso has deep roots in the American automotive landscape, with Ford-derived powertrains at the heart of almost every De Tomaso model since its founding in 1959. Recalling the global race to the top inspired by this era of design and excellence, De Tomaso will once again create automobiles in the U.S. that offer compelling design and quality and seek to lead the world with captivating engineering and technical achievement.

Our Future Initiative
Mission AAR – American Automotive Renaissance

The First Phase
Our Mission AAR initiative is part of a long-term, strategic plan to be unveiled in different phases. In the First Phase, De Tomaso will move its core production, design and corporate facilities to the U.S.

Discussions are already well underway with multiple states to serve as potential locations for our American facilities. A formal announcement about these locations is expected in the next six months. De Tomaso‘s P72 development programme is progressing as planned as part of the homologation process that is expected to lead to the start of production in America during the fourth quarter of 2022. Further details will follow in a subsequent release.

We don‘t come to this decision lightly. Driven by the void we‘ve seen over the past several decades, powered by our passion and what we see as our responsibility, this notion has been under consideration and part of our long-term plan for quite some time. De Tomaso has always been known as a bold European-American brand and this marks the next chapter of our historic journey.

As demonstrated by Mission AAR and our modus operandi, De Tomaso has never – and will never – occupy the status quo. De Tomaso seeks to shake complacency and spark a new pursuit of excellence. Our brand is embarking upon an ambitious, historic journey that we shall share with our beloved owners, enthusiasts and supporters.

Collaboration & Cultivation
De Tomaso seeks to partner with our bold-thinking peers in America as we have for decades. We have long-respected the American greats; the accomplishments of pioneers such as Elon Musk and Tesla have been simply exceptional. In our relentless pursuit of excellence and with our sights set on an American Automotive Renaissance, De Tomaso will seek to collaborate with other major American automotive manufacturers and suppliers to define the superior in automotive excellence, while renewing unparalleled pride in America‘s automotive ingenuity.

As our brand is focused on the high-end, luxury segment and not in competition with American brands, we view our skillset and offerings as complementary. As part of Mission AAR, we will retain focus on our core competencies, which lie in romantic designs with world-class engineering, hand-built by skilled artisans.

Part of Mission AAR will also be to create opportunity for American workers and the next generation of American automotive greats. The company aims to help reduce the skills gap in American automotive design and craftsmanship and design.

Our Lodestar
Our mission is to bring back the romance, passion and elegance of the luxury American automotive industry with our European sophistication and artisan processes. We will instill and inspire innovation and pride in one‘s work, creating timeless art-forms exuding individuality.

About De Tomaso
Founded in 1959 by racer and visionary Alejandro de Tomaso, De Tomaso Automobili is an iconic European-American brand with a rich history, bold reputation and treasured European sophistication and luxury. Often known for its most successful model, the Pantera (1970-1993) and its decades-long partnership with Ford, the company‘s deep roots in the American automotive landscape also include collaborations with automotive legends and visionaries such as Lee Iacocca, Carroll Shelby, Peter Brock and Tom Tjaarda. De Tomaso known also as an M&A specialist whereby in the 1960-1970s it acquired names such as Ghia, Vignale, Innocenti, Moto Guzzi, Benelli and owned Maserati from 1975-1993. In 2014, Ideal Team Ventures (ITV), widely known for its rebirth of Apollo Automobil, acquired the rights to De Tomaso, leading to the company‘s introduction in 2019 of the coveted P72, which pays homage to De Tomaso‘s P70 racing car in a tribute to the brands 60th anniversary. In October 2020, De Tomaso announced Phase 1 of its Mission American Automotive Renaissance (Mission AAR), which includes moving its core operations from Europe to America, where production of the P72 is slated to begin in late 2022. De Tomaso is deeply committed to returning America‘s automotive industry to its ‘golden era‘ of automotive design and to the treasured respect it earned in the 1920s to 1960s, while creating opportunity, cultivating talent and forging a pathway for the next generation of American automotive greats. For more information, please visit https://detomaso-automobili.com

Notes to Editors
A series of creative assets co-created in collaboration with the Automobilist accompanying this release are available to download from the De Tomaso Automobili press site: www.detomaso-automobili.com/press/

Enquiries
Email: media@detomaso-automobili.com

Press
Press site: www.detomaso-automobili.com/press
Website: www.detomaso-automobili.com
Facebook: www.facebook.com/detomaso.official/
Instagram: www.instagram.com/detomaso_official
Twitter: www.twitter.com/_DeTomaso

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SOURCE De Tomaso

Mitsubishi Chemical Advanced Materials is Successful in Carbon Footprint Reduction, While Attaining RC14001:2015® Certification

READING, Pa., Oct. 21, 2020 /PRNewswire-PRWeb/ — Mitsubishi Chemical Advanced Materials Inc., the leading global manufacturer and recycler of high-performance thermoplastic shapes, and engineering solutions provider, is pleased to announce that they’ve taken another positive step forward in achieving their long-term vision in North America, of 100% renewable energy procurement. Most recently, the company’s three Pennsylvania sites located in Reading, Scranton and Delmont, are the first of their locations in North America to make an investment in Renewable Energy Certificates (RECs). As a result, all Pennsylvania locations can now proudly say that 100% of the electricity that they use in manufacturing is from renewable sources, reducing the emissions associated with the generation of that electricity to zero.

Bruce Seidel, North American Director of Manufacturing at Mitsubishi Chemical Advanced Materials, says that «This accomplishment is a fantastic stepping stone for us, as we continue to realize our vision of fully operating through clean energy in North America. Our commitment to our KAITEKI values is what drives us to continue to focus our efforts on energy reduction projects, and this monumental achievement at our Pennsylvania locations is a great testament to all of the hard work that our team has invested into making this a huge success.»

In addition to this announcement, the company is also celebrating another significant milestone. Effective September 1, 2020, five of their North American sites in Reading, Scranton, Delmont, Wytheville, and Fort Wayne, have attained the Responsible Care® RC14001:2015® Certification, which also includes ISO 14001:2015 Certification. Responsible Care® 14001 is the chemical industry’s global initiative, practiced in 52 countries, under which chemical companies work together to continuously improve their health, safety, environmental, and security performance. It combines the elements of the American Chemistry Council (ACC) Responsible Care initiative, with those of ISO 14001, the internationally recognized environmental management system standard.

Mitsubishi Chemical Advanced Materials is the first of several Mitsubishi Chemical America (MCA) companies to be certified. Heidi Freeman, MCA Regional Manager for Product Stewardship and KAITEKI, stated that «This has certainly given all of us a boost of confidence, as multiple other group companies look ahead towards achieving their certification within the next few months.»

About KAITEKI

KAITEKI refers to «the sustainable well-being of people, society and our planet Earth.» It is an original concept of Mitsubishi Chemical Holdings Group that proposes a way forward in the sustainable development of society and the planet, in addition to serving as a guide for solving environmental and social issues.

James Kohler, Corporate Quality Engineer and North American KAITEKI Coordinator at Mitsubishi Chemical Advanced Materials, says that «Our contributions to KAITEKI take shape in many different forms. I am proud of our North American teams for coming together, to realize KAITEKI through our shift towards 100% Renewable Energy Procurement in Pennsylvania, and through our RC14001:2015® and ISO 14001:2015 Certifications. This is only the beginning, and I am very excited to see what we can keep accomplishing and improving in the near, and far future.»

Overall, the company is pleased to see that their long-term visions for success are now coming to fruition, as they continue to focus their attention on vital energy reduction programs, and embodying the strategic pillars that come with their Responsible Care® RC14001:2015® Certification. Looking ahead, as the team continues to make investments in sustainable projects, one thing is for certain – the spirit of KAITEKI is alive and well at Mitsubishi Chemical Advanced Materials.

About Mitsubishi Chemical Advanced Materials

With more than 80 years of experience, 30 branch offices in 20 countries, and a team of technical service experts, engineers, and application development managers, Mitsubishi Chemical Advanced Materials** is the Global, vertically integrated leader for researching, developing, recycling, and manufacturing high-performance materials. Our products make the world a safer place by providing solutions across all industries- food processing and packaging, aerospace and defense, semiconductor, oil and gas, medical and life sciences, renewable energy, construction and heavy equipment, and electronics.

Registered trademarks of Mitsubishi Chemical Advanced Materials include: Acetron®, CleanStat®, Duratron®, Ertalyte®, Ertalene®, Ertalon®, Fluorosint®, Ketron®, Nylatron®, Proteus®, Sanalite®, Semitron®, Techtron®, KyronMAX® and TIVAR®.

**Mitsubishi Chemical Advanced Materials, formerly Quadrant EPP, was officially named on April 1st, 2019.

Learn more at http://www.mcam.com and on LinkedIn at https://www.linkedin.com/company/mcamconnect/

SOURCE Mitsubishi Chemical Advanced Materials Inc.

FSF, International Relief Organizations Partner to Accelerate Drone Use in Humanitarian Missions

BRUSSELS, Oct. 21, 2020 /PRNewswire/ — Flight Safety Foundation announced a collaborative initiative to work with several leading international humanitarian relief organizations to facilitate and promote the safe use of unmanned aircraft systems to support humanitarian operations. The multilateral collaborative effort, with initial participation by the U.N. World Food Programme, the International Committee of the Red Cross, and Medecins Sans Frontieres, was announced today in conjunction with the…

«Unmanned autonomous and semi-autonomous flight operations are increasingly important to humanitarian relief operations around the world because they can be used to transport desperately needed food and medical supplies, to enhance communications and for data gathering, among other missions,» said Foundation President and CEO Dr. Hassan Shahidi.

Unmanned aircraft systems are expected to play a role with global humanitarian organizations responding to the pandemic. «Once a COVID-19 vaccine is developed, this rapidly evolving technology may prove essential for delivering vaccine to vulnerable communities in remote areas,» said Shahidi. «There is no higher calling than savings lives and helping the vulnerable. The Foundation is looking forward to working closely with our partners to answer this call.»

The Foundation and its partners will collaborate to promote the safe application of unmanned systems in humanitarian missions; to provide a global platform for dialogue and information sharing on safety issues that may develop; to facilitate the sharing of best practices; to advance drone training and licensing standards; and to develop protocols for drone integration into the airspace.

The Foundation’s newly formed Autonomous and Remotely Piloted Aviation Systems (ARPAS) Advisory Committee will play a key role in supporting this collaboration.

About Flight Safety Foundation
Flight Safety Foundation is an independent, nonprofit, international organization engaged in research, education, advocacy and communications to improve aviation safety. The Foundation’s mission is to connect, influence and lead global aviation safety.

Media Contact:
Frank Jackman
Vice President, Communications
+1 703.739.6700, ext. 116
jackman@flightsafety.org

View original content:http://www.prnewswire.com/news-releases/fsf-international-relief-organizations-partner-to-accelerate-drone-use-in-humanitarian-missions-301156442.html

SOURCE Flight Safety Foundation

Smarkets: Biden’s lead in prediction markets cut by Trump during record period for political betting

LONDON, Oct. 21, 2020 /PRNewswire/ — Democratic challenger Joe Biden leads Donald Trump going into the final two weeks of the US presidential election race, but Trump has closed the gap, according to data from the Smarkets betting exchange.

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In a betting market with £9.9m ($12.8m) traded already, Biden’s price reflects a 63% chance of victory, with Trump at 37%. On Smarkets, customers trade against each other on the outcome of political events and the odds move accordingly.

While these odds clearly suggest that Trump is up against it, he is closer in the betting than on other forecasting models, such as Nate Silver’s poll aggregator FiveThirtyEight which puts Biden at 88% likely to win.

Biden’s lead on Smarkets reached 42 percentage points (71% vs. 29%) last week but Trump has narrowed the gap recently behind a huge increase in betting volume. October is already Smarkets’ most-traded month ever for political betting with £3.8m of volume (192% increase on previous record).

Smarkets CEO/Founder Jason Trost said: «My fascination with political prediction markets is the reason I started this company, so to see millions being traded on the election is a huge achievement for us.

«It seems that the race is Biden’s to lose, but Trump is by no means out of it and the odds have moved a lot recently. Our real-time markets will be one of the key indicators all the way up to and through election night.»

Smarkets has more betting markets on the election than any other platform, and an Electoral College forecast – based on state-by-state market data – that currently predicts a final result of 316-222 in the Democrats’ favour.

Analysing the individual states in more detail, the key battlegrounds could be in the south, with Florida, Georgia and North Carolina – which carry 60 electoral votes between them – all rated as toss-ups. See the attached graphic for more information.

About Smarkets

Launched in 2010, the Smarkets exchange (smarkets.com) enables peer-to-peer betting and trading, meaning the odds move based on where users place their money – with no built-in house edge.
Smarkets handles billions of pounds in trading volume each year, with market prices providing real-time probabilities and a snapshot of public sentiment.
Please email press@smarkets.com with any queries. You can find our full press kit with company images here.

Photo – https://mma.prnewswire.com/media/1316730/Smarkets_US_Election_Update_Infographic.jpg

press@smarkets.com

Laureti Develops The World’s First Mobility Operating System

LONDON, Oct. 21, 2020 /PRNewswire/ — Laureti, a pioneering mobility technology company, unveils MiRA.OS — a first-of-its kind mobility operating system that delivers a dedicated passenger-centric experience. The central rationale of the operating system: support passenger wellness, productivity and connectivity. This technology manages the passenger experience across multiple vehicles within a network that provides privacy, data security and digital freedom.

»Experts proclaim that the…

»Experts proclaim that the future of mobility is autonomous, digital and fleet-focused. If this is half true then replacing vehicles to be electric isn’t the answer. Autonomous mobility focuses on passengers as much as vehicles. Through MiRA, we envision supporting 50 million users with as few as 50,000 vehicles. That is highly efficient and more sustainable,» says Macus Paleti, CEO of Laureti.

EV and tech companies view commoditising user data to future-proof their profits. Laureti, however, is rooted in the ethics of privacy and digital freedom. Marcus argues «with autonomous mobility and AI, technology accesses more personal and delicate aspects of human life: health data; emotional state; intents and purposes. We elevate data security and privacy to a service offering higher than presently available. We tell users not that the key to their ‘user data’ vault is safe: we are building a system that doesn’t need a door in the first place.»

Laureti has secured its OS platform and completed development architecture. It will showcase the MiRA experience with its electric vehicle, ‘Laureti DionX’, at its initial reveal. »It may take until 2023 for our vehicles to get to the market but we are exploring ways to introduce our technology even earlier. There’s a lot of excitement and expectations of our product. Ideally, we envision a consolidated delivery plan that will reveal our brand experience sooner than later. Most importantly: get the product right rather than shiny prototypes,» said Paleti.

Early support from Tata Motors and Faurecia, gave Laureti its initial concept validation from industry influencers. The technology and business concept has impressed the Elysee Palace to show their support. Laureti Mobility initially aimed to be in the EV movement focused on vehicle development. Now, its ‘passenger first’ approach is reimagining the mobility needs of the future. Through technology and digital mobility solutions, its business offering has leapt from becoming a vehicle seller to becoming a provider of a seamless and sustainable mobility across the globe. In financial terms, Laureti’s competitors’ profits rely on vehicle sale volumes; whereas Laureti, can additionally benefit from helping users to produce the most out of every mile.

Bespoke Wall Box Design And Complimentary Charging For Battista Hypercar Owners

TURIN, Italy, Oct. 21, 2020 /PRNewswire/ — A bespoke wall box designed by Pininfarina SpA and a new public-charging partnership will ensure owners of the Battista pure-electric hypercar are able to enjoy effortless charging at home and on the move.

<img id="prnejpgc07dleft" title="Automobili Pininfarina Battista – Charging" border="0" alt="Automobili Pininfarina Battista – Charging" align="middle"…

The exclusive Residenza home charger – designed with luxury sustainability in mind – will be available to Battista customers and brings an added element of personalisation to the ownership experience. The wall box design is inspired by the pure lines of the Battista, and features a painted cover finished in the same colour the owner has selected for their pure electric, Italian luxury hyper GT.

Working with renowned electric vehicle infrastructure pioneer Green Motion, the Automobili Pininfarina badged 22kW AC wall box (up to 7.2kW in North America) is constructed using recycled and organic materials.

The Residenza will be capable of fully charging the Battista’s 120 kWh Li-ion battery pack in six hours, making it perfect for overnight top-ups and providing the 500 km (310 miles) WLTP expected range, ensuring it is the ultimate everyday hyper GT for all occasions.

For charging on the move, Automobili Pininfarina has announced a partnership with one of the world’s largest electric vehicle charging networks, ChargePoint. The collaboration will provide Battista customers with five years of unlimited public charging at no extra cost to ensure they are fully supported.

Battista owners will have access to most of ChargePoint’s network of approximately 115,000 places to charge across North America and Europe as well as more than 133,000 charging spots through roaming integrations with other charging network providers. Using a 180kW DC-charging system, owners will be able to charge their Battista from 20% to 80% in just 25 minutes.

Automobili Pininfarina Chief Product and Engineering Officer Paolo Dellacha said: «Our clients will love the thrill of Battista’s extreme electrified performance, yet they also need to enjoy living with this advanced technology. For that reason we have ensured there are a comprehensive number of public charging points available to them, made possible through our collaboration with ChargePoint.

«At the same time, a large proportion of the Battista’s charging will be done at home and our exclusive wall box design provides owners with a bespoke solution, finished to their exact taste.»

The Residenza wall box may be activated through a dedicated app, which allows owners to remotely schedule the charging of their Battista and monitor its charging status. The app also enables owners to view the charging history and is integrated with Amazon Alexa or Google Assistant for enhanced convenience.

Access to remote charge points will be just as effortless, with drivers using the Battista keyfob or app to link to chargers in the ChargePoint network. The advanced fob will contain all of the necessary account information using a secure RFID chip, with no additional charging cards required.

For customers in North America, the Residenza wall box features a tethered Type 1 cable (Mode 3) which includes an integrated cable management system which automatically gathers and rolls the lead into the box for added convenience. Owners in Europe will be supplied with a tethered Type 2 cable (coiled cable).

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Bespoke Wall Box Design And Complimentary Charging For Battista Hypercar Owners

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«At the same time, a large proportion of the Battista’s charging will be done at home and our exclusive wall box design provides owners with a bespoke solution, finished to their exact taste.»

Photo – https://mma.prnewswire.com/media/1316780/Automobili_Pininfarina_Charging.jpg
Logo – https://mma.prnewswire.com/media/1316779/Automobili_Pininfarina_Logo.jpg

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SOURCE Automobili Pininfarina