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Killexams : CA-Technologies Business mission - BingNews https://killexams.com/pass4sure/exam-detail/CAT-240 Search results Killexams : CA-Technologies Business mission - BingNews https://killexams.com/pass4sure/exam-detail/CAT-240 https://killexams.com/exam_list/CA-Technologies Killexams : HII touts big win for its tech business amid other delays

With a modified corporate name and rebranded technology services business, HII has been at work this year talking about itself as being equally about software and data as it is about shipbuilding.

HII, formerly Hunting Ingalls Industires, had a significant point of success to talk about on that front during its second quarter earnings call with investors Thursday: the win of a potential five-year, $826 million technology integration task order supporting the entire Defense Department.

The task order goes by the full name of Decisive Mission Actions and Technology Services and ties directly to HII's acquisition of Alion Science and Technology in last year's third quarter for $1.65 billion, HII CEO Chris Kastner told analysts.

Alion became a part of what is now the mission technologies segment of HII, formerly known as technical solutions.

"It is a really good indicator that things are hopefully starting to break loose and really validates our strategy for the Alion acquisition," Kastner said. "We are seeing some things break loose, we're going to have to see how that translates into revenue."

HII booked the DMATS order through its position on the governmentwide OASIS professional services contract vehicle. The task order covers technology, development, integration, collaboration, sustainment support, threat analysis and analytics including those of a specialized nature.

DOD service components, component research labs, the Fourth Estate administrative and support agencies, intelligence agencies and combatant commands can acquire support through the order.

The mission technologies business competed against one other bidder for the order that covers one base year and up to four individual option years, according to Federal Procurement Data System records.

Predicting when the next major win will happen for HII is a difficult proposition however. Kastner said that despite the positivity of such a synergy win, continued delays in agencies making awards are "pressuring (the) timing of current year revenues."

But the company is not standing still in positioning for those opportunities to further expand the mission technologies segment.

The business has $8 billion in bids awaiting an agency decision, while another $26 billion is in the stage of qualification and proposal. Nearly $27 billion is in the exploratory phase, or where the company is deciding whether to pursue the business.

It all adds up to a $61 billion pipeline that HII sees as growing "from the time that we picked (Alion) up last year," Chief Financial Officer Tom Stiehle told analysts.

Even with that long-term favorable outlook, HII is adjusting its mission technology revenue forecast downward for this year to the $2.4 billion-to-$2.6 billion range. HII's prior sales guidance was at the top end of $2.6 billion.

"This revision is a function of a slower award in contracting environment than we had initially expected and precipitated by the continuing resolution to start the year," Stiehle said.

Second quarter mission technologies revenue of $600 million was an increase of $363 million over hte prior period because of the Alion acquisition. The company expects the segment this year to hit an 8%-to-8.5% EBITDA margin (earnings before interest, taxes, depreciation and amortization).

On top of the award delays, HII is also managing through the same tight hiring environment that other defense and government technologies have spoken about with investors over the past two weeks of earnings calls.

HII is seeing that crunch in both sides of its business: mission technologies and shipbuilding.

"We do have more seats than we have heads right now," Stiehle said. "The job market is tight, finding people with that type of background and tickets, so there's seats there we have unfilled and that brings in some variability on the sales outcome of the year."

Fri, 05 Aug 2022 15:20:00 -0500 en text/html https://washingtontechnology.com/companies/2022/08/hii-touts-big-win-its-tech-business-amid-award-delays/375443/
Killexams : California Public Employees Retirement System Sells 30,372 Shares of Sensata Technologies Holding plc (NYSE:ST)

California Public Employees Retirement System cut its stake in Sensata Technologies Holding plc (NYSE:STGet Rating) by 9.0% in the 1st quarter, according to the company in its most exact disclosure with the SEC. The institutional investor owned 305,427 shares of the scientific and technical instruments company’s stock after selling 30,372 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Sensata Technologies worth $15,531,000 at the end of the most exact quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pictet Asset Management SA boosted its holdings in Sensata Technologies by 28.3% in the 4th quarter. Pictet Asset Management SA now owns 4,200,158 shares of the scientific and technical instruments company’s stock valued at $259,108,000 after purchasing an additional 926,093 shares during the period. Epoch Investment Partners Inc. bought a new stake in Sensata Technologies in the fourth quarter valued at approximately $35,016,000. Woodline Partners LP boosted its stake in shares of Sensata Technologies by 77.5% during the fourth quarter. Woodline Partners LP now owns 992,260 shares of the scientific and technical instruments company’s stock valued at $61,213,000 after purchasing an additional 433,199 shares during the period. Sumitomo Mitsui Trust Holdings Inc. bought a new stake in Sensata Technologies in the 1st quarter worth $21,400,000. Finally, Select Equity Group L.P. increased its position in shares of Sensata Technologies by 4.3% in the fourth quarter. Select Equity Group L.P. now owns 9,318,027 shares of the scientific and technical instruments company’s stock valued at $574,829,000 after acquiring an additional 386,640 shares during the period. 98.43% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sensata Technologies

In other Sensata Technologies news, SVP Shannon M. Votava sold 1,800 shares of the stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $48.81, for a total value of $87,858.00. Following the completion of the sale, the senior vice president now owns 16,389 shares in the company, valued at approximately $799,947.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Sensata Technologies Stock Up 0.2 %

Shares of NYSE:ST opened at $45.82 on Friday. The company has a current ratio of 3.52, a quick ratio of 2.91 and a debt-to-equity ratio of 1.40. The stock has a fifty day simple moving average of $43.64 and a two-hundred day simple moving average of $49.09. Sensata Technologies Holding plc has a 12-month low of $38.31 and a 12-month high of $65.58. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of 28.82, a PEG ratio of 1.19 and a beta of 1.29.

Sensata Technologies (NYSE:STGet Rating) last announced its quarterly earnings results on Tuesday, July 26th. The scientific and technical instruments company reported $0.83 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.83. Sensata Technologies had a net margin of 6.55% and a return on equity of 17.40%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the business posted $0.95 EPS. Sensata Technologies’s revenue was up 2.8% compared to the same quarter last year. On average, research analysts anticipate that Sensata Technologies Holding plc will post 3.36 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 24th. Shareholders of record on Wednesday, August 10th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, August 9th. This represents a $0.44 dividend on an annualized basis and a yield of 0.96%. Sensata Technologies’s dividend payout ratio is currently 27.67%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ST. Wolfe Research raised Sensata Technologies from a “peer perform” rating to an “outperform” rating and set a $55.00 target price on the stock in a research note on Wednesday, June 22nd. Citigroup dropped their price target on Sensata Technologies from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, July 27th. Truist Financial reduced their price objective on shares of Sensata Technologies from $46.00 to $43.00 and set a “hold” rating on the stock in a research report on Wednesday, July 27th. TheStreet lowered shares of Sensata Technologies from a “b-” rating to a “c” rating in a research note on Friday, May 13th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $58.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday, July 14th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Sensata Technologies has an average rating of “Hold” and an average target price of $57.00.

About Sensata Technologies

(Get Rating)

Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.

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Institutional Ownership by Quarter for Sensata Technologies (NYSE:ST)

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Thu, 04 Aug 2022 23:02:00 -0500 admin en text/html https://www.defenseworld.net/2022/08/05/california-public-employees-retirement-system-sells-30372-shares-of-sensata-technologies-holding-plc-nysest.html
Killexams : SpaceX whizzes past annual launch record with Starlink mission

WASHINGTON, July 22 (Reuters) - Elon Musk's SpaceX on Friday broke its record for the number of rockets launched in a calendar year, topping last year's slate of 31 missions amid a whirlwind campaign to launch its own internet satellites into orbit.

SpaceX's 32nd launch of 2022 using its workhorse Falcon 9 rocket comes as the company races to build a constellation of broadband satellites called Starlink, a largely consumer-based service with hundreds of thousands of internet users.

"Congrats to SpaceX team on record number of launches!" Musk, SpaceX's chief executive, tweeted after the mission, which deployed 46 Starlink satellites to low-Earth orbit.

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The mission took off from the company's California launchsite at the Vandenberg Space Force Base. SpaceX so far has launched nearly 3,000 Starlink satellites to space.

Friday's mission keeps SpaceX on pace to reach its goal of 52 orbital missions by year's end, nearly doubling its annual launch cadence with the reusable Falcon 9 that SpaceX says can be reflown up to 15 times.

A SpaceX Falcon 9 rocket carrying a payload of 53 Starlink satellites lifts off from Launch Complex 39A at the Kennedy Space Center in Cape Canaveral, Florida, U.S. May 18, 2022. REUTERS/Steve Nesius

A majority of those missions have been, and are scheduled to be in-house Starlink missions.

The company, founded by Musk in 2002 to normalize interplanetary travel, has in exact months shifted its focus from manufacturing Falcon 9 rockets to managing a fleet of those already built, investing heavily in infrastructure for refurbishing boosters under speedy timelines.

The company has applied the same strategy to its fleet of reusable Crew Dragons - gumdrop-shaped spacecraft that launch atop the Falcon 9 and ferry humans to orbit and the International Space Station.

SpaceX has launched Starlink satellites to space quicker than its rivals in the satellite internet race, such as satellite operator OneWeb, due in part to Falcon 9's rapid reusability and the edge associated with using in-house rockets.

OneWeb, which is nearing completion of an internet constellation with fewer satellites, has launched its satellites on Russia's Soyuz rocket. The company this year plans to use the Falcon 9 after canceling its Soyuz contract over Russia's invasion of Ukraine.

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Reporting by Joey Roulette, Editing by Rosalba O'Brien

Our Standards: The Thomson Reuters Trust Principles.

Fri, 22 Jul 2022 14:05:00 -0500 Joey Roulette en text/html https://www.reuters.com/lifestyle/science/spacex-whizzes-past-annual-launch-record-with-starlink-mission-2022-07-22/
Killexams : Mainframe Market Size, Shares and Analysis, Trends with Top Most Key Players- BMC Software, Inc., CA Technologies, Compuware Corporation

Covina, United States: Mainframe Market, By Type (Z systems, GS Series, and Others) and Industry Vertical (BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030

Mainframe Market Outlook

  • Market Value 2020: US$ 2364.01 Mn
  • Market Value Estimation 2030: US$ 84 mn
  • CAGR: 4.5%

For mission-critical applications requiring a lot of data processing, huge businesses use Mainframes. In addition to having a tonne of processing and storage capacity, these systems are renowned for being incredibly dependable and secure. The primary factors influencing the growth of the mainframe market are the rising pressure on organisations to manage a greater volume and variety of transactions as a result of the ongoing trend of digitalization and mobility. Since the mainframe hardware and software solutions enable numerous users and applications to access the same data concurrently, they are suitable for increasing the number of transactions and data sets.

Top News relating to Industry, Innovation:

  • In 2021- Wipro Limited, a prominent worldwide information technology, consulting, and business process services firm, is teaming with Amazon Web Services to develop the Legacy Migration and Modernization Lab (AWS). This lab, which is located at Wipro’s AWS Launchpad in Parramatta, Australia, will allow enterprises in Australia and New Zealand (A/NZ) to see firsthand how tools and accelerators may assist optimise mainframe application capabilities for the cloud.
  • In 2021- HCL Technologies (HCL) has announced the opening of its Amazon Web Services (AWS) Business Unit (AWS BU) to assist businesses around the world in accelerating their cloud transformation. AWS technical, solutions, and business teams will support this dedicated business unit within HCL.

Ask For sample Report:

@https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/1201

Key Segmentation of the Mainframe market:          

The Global Mainframe Market size was valued at USD 2364.01 million in 2020 and is expected to grow to USD 3647.84 in 2030 at a compound annual growth rate (CAGR) of 4.5%. The global mainframe market report segments the market on the basis of type, industry vertical, and region.

  • Based on Type, Global Mainframe Market is segmented into Z systems, GS Series, and Others.
  • Based on Industry Vertical, Global Mainframe Market is segmented into BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others.
  • By Region, the Global Mainframe Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The Mainframe Market Report mentions the following promising regions:

  • North America- U.S., Canada
  • Europe- UK, Germany, Spain, France, Italy, Russia, Rest of Europe
  • Asia Pacific- Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
  • Latin America- Brazil, Mexico, Argentina, Rest of Latin America
  • Middle East & Africa- South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Grab Special Discount Requests:

@ https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/1201

Top-tier significant players:

The prominent player operating in the global Mainframe market includes BMC Software, Inc., CA Technologies, Compuware Corporation, Dell EMC, Fujitsu Ltd., HCL Technologies Limited, Hewlett-Packard Enterprise Company, IBM Corporation, NEC Corporation and Unisys Corporation.

Premium Report offers:

  • Assessments of market share for the regional and national segments
  • A description of the business, including its goals, finances, and most exact advancements.
  • In addition to a comprehensive analysis of market share, the report contains data on significant drivers, restraints, and opportunities.
  • The market power of consumers and suppliers is demonstrated via Porter’s five forces study.

About Prophecy Market Insights

Prophecy Market Insights is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

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Tue, 19 Jul 2022 07:09:00 -0500 Newsmantraa en-US text/html https://www.digitaljournal.com/pr/mainframe-market-size-shares-and-analysis-trends-with-top-most-key-players-bmc-software-inc-ca-technologies-compuware-corporation
Killexams : Oakland, CA Property Renews Knightscope (Nasdaq: KSCP) Contract for 4th Year

Public Safety Innovator Proven Effective for Multiple Years

MOUNTAIN VIEW, Calif., August 04, 2022--(BUSINESS WIRE)--Knightscope, Inc. [Nasdaq: KSCP], a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that a client in Oakland, California, signed up for its fourth year utilizing Knightscope’s K5 Autonomous Security Robot (ASR). This client originally deployed in 2019 as a result of consistent vehicle break-ins and was one of the first to collaborate with its local police department to share information in an effort to positively impact the community. During their most exact quarterly business review, the client stated that they were extremely satisfied with the service and are no longer experiencing vehicle break-ins at night. They went on to say that there has also been a reduction in theft since deploying their ASR. Knightscope’s mission is to make the United States the safest country on the planet, and another renewing client puts it one step closer to achieving that mission.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220804005701/en/

Oakland, CA Property Renews Knightscope (Nasdaq: KSCP) Contract for 4th Year (Photo: Business Wire)

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com. Follow Knightscope on Facebook, Twitter, LinkedIn and Instagram.

Forward Looking Statements

This press release may contain "forward-looking statements" about Knightscope’s future expectations, plans, outlook, projections and prospects. Such forward-looking statements can be identified by the use of words such as "should," "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," "proposes" and similar expressions. Although Knightscope believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause genuine results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021. Forward-looking statements speak only as of the date of the document in which they are contained, and Knightscope does not undertake any duty to update any forward-looking statements except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005701/en/

Contacts

Donna Loughlin Michaels, LMGPR, (408) 393-5575

Thu, 04 Aug 2022 01:53:00 -0500 en-US text/html https://www.yahoo.com/now/oakland-ca-property-renews-knightscope-135100447.html
Killexams : Zavda Technologies and Applied Insight Joint Venture Awarded IC Advanced Technology Development Contract

Press release content from Business Wire. The AP news staff was not involved in its creation.

RESTON, Va.--(BUSINESS WIRE)--Aug 3, 2022--

Zavda Technologies, a service-disabled, veteran-owned enterprise IT and cyber company, and Applied Insight, a cloud technology leader, announced today that the companies’ joint venture, Bravo Zulu Intelligence Solutions (BZis), won a very large, multi-year contract to provide advanced technology development to an Intelligence Community (IC) customer. Under the agreement, the joint venture will provide next-generation analytics and data visualization; infrastructure development and modernization; and anomaly detection capabilities using technologies that include machine learning, Agile software development, and automated deployment of modern technology stacks.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220803005391/en/

“We have a longstanding commitment to this customer and the national security mission, and we are delighted to have this opportunity to enhance their capabilities and deliver ever greater value,” said Dr. Stacy Trammell, CEO and president of both BZis and Zavda Technologies.

“It is a privilege to continue serving this critical customer on such a vital effort,” added Larry Denton, vice president of business development at Applied Insight. “We look forward to delivering best-of-class innovative solutions that provide maximum efficiencies and unmatched outcomes.”

About Zavda Technologies

Zavda Technologies, founded in 2006, is a service-disabled veteran, SDB-certified, economically disadvantaged, woman-owned small business. Zavda’s team of professionals provides high-caliber hardware, software and telecommunication solutions to address technology-related issues before they occur. Zavda’s mission is to deliver the best services and solutions to our clientele while continuously performing research and development to stay ahead of the technological curve.

About Applied Insight

Applied Insight works closely with agencies and industry to overcome technical and cultural hurdles to innovation, empowering them with the latest end-to-end cloud infrastructure, big data and cyber capabilities. Our expertise in cross-domain and boundary solutions, network analytics, DevOps and low-to-high development is unique in our industry. We develop and deliver innovative products and applications that are deployed in highly sensitive customer environments and have broad applications for federal missions.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220803005391/en/

CONTACT: Media:

Kristina Messner

kristina@messnermediagroup.com

703-716-3181

KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS OTHER TECHNOLOGY DATA MANAGEMENT

SOURCE: Applied Insight

Copyright Business Wire 2022.

PUB: 08/03/2022 08:03 AM/DISC: 08/03/2022 08:03 AM

http://www.businesswire.com/news/home/20220803005391/en

Wed, 03 Aug 2022 00:03:00 -0500 en text/html https://apnews.com/press-release/business-wire/technology-f253cba53624491ca7acca10ef03163c
Killexams : TAE Technologies Exceeds Fusion Reactor Performance Goals By 250% As Company Closes $250 Million Financing Round, Totaling $1.2 Billion To Date

Following scientific milestones with current fusion reactor, Norman, TAE receives investments from long-term partner Google, as well as Chevron, Sumitomo Corporation of Americas, and others to fund the construction of the company's sixth-generation research reactor that will demonstrate the viability of net energy from TAE's approach

FOOTHILL RANCH, Calif., July 19, 2022 /PRNewswire/ -- After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its state-of-the-art fusion research reactor, Norman, TAE Technologies today announced that it has secured strategic and institutional investments to fund the construction of its next research reactor, Copernicus.

As the world leader in hydrogen-boron fusion research, TAE's non-radioactive approach represents the fastest, most practical, and economically competitive solution to bring abundant carbon-free energy to the grid. TAE's Copernicus reactor, which will be constructed in a 100,000-square-foot facility in Irvine, Calif., is designed to demonstrate the viability of achieving net energy generation with TAE's advanced beam-driven field-reversed configuration (FRC) – the penultimate step on TAE's path to commercialize clean fusion power.

TAE's fifth-generation reactor, Norman, was unveiled in 2017 and was designed to keep plasma stable at 30 million degrees Celsius. After five years of experiments to optimize Norman's capabilities, the machine has proven capable of sustaining stable plasma at more than 75 million degrees Celsius, 250% higher than its original goal.

With a track record of over delivering on milestones and performance capacity, TAE has attracted the support of visionary investors and to date has raised a total of $1.2 billion for its commercial fusion development. In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company's mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security. TAE's safe, non-radioactive approach avoids carbon and particulate emissions, mitigating any impact on the environment or climate change.

Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management are among the company's most exact investors, along with a large U.S. West coast based mutual fund manager and a big U.S. pension fund. Goldman Sachs served as the exclusive financial advisor in connection with the Series G-2 financing round.

"The caliber and interest of our investors validates our significant technical progress and supports our goal to begin commercialization of fusion by the end of this decade," said Michl Binderbauer, CEO of TAE Technologies. "Global electricity demand is growing exponentially, and we have a moral obligation to do our utmost to develop a baseload power solution that is safe, carbon-free, and economically viable."

Sumitomo Corporation of Americas (SCOA) is TAE's first investor from Japan, and will become a partner in deploying commercial power and other fusion-derived technologies to the Asia-Pacific market. SCOA, the largest subsidiary of Sumitomo Corporation, the Tokyo-based Fortune 500 global trading and business investment company, has signed a commercial collaboration agreement to pursue TAE-based technologies in Japan and Asia.

"We look forward to being a partner in bringing TAE's clean energy solutions to the APAC market, which will be paramount to sustaining local economies without impacting our planet," said Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA. "We are pleased to support TAE's groundbreaking fusion technology to create safe, sustainable energy sources across multiple industries and applications."

This investment follows TAE's landmark public-private partnership with Japan's National Institute for Fusion Science (NIFS).

Google continues to be an exceptional computational AI and machine learning partner for TAE. With a collaboration that began in 2014, Google's investment follows the success of the jointly developed Optometrist Algorithm, which deploys Google's machine learning to optimize the operation of TAE's research reactors, substantially advancing the rate of progress and ultimate performance achieved. Programmatic steps that used to take well over a month can now be achieved within one day. In addition, the companies have developed breakthrough capabilities in holistically post-processing and integrating a large set of independent diagnostic measurements to produce high fidelity insights into experimental data at record-breaking scale.

Reimagined Ventures also joined this round as part of its mission to invest in visionaries who are solving some of society's biggest challenges. "Limitless zero-carbon clean energy is no longer a pipe dream – it's a future within reach thanks to TAE Technologies' incredible scientific advancements," said Jack Litowitz, Director of Strategic Investments at Reimagined Ventures. "Few challenges are as complex as replicating the sun's energy generation process. The number of sectors and lives that TAE's industry-leading work could positively impact is immeasurable. We're proud to invest in Michl and his team as we believe they're best positioned to forever alter the energy grid and democratize access to renewable fusion-based power for all."

Chevron invested in TAE through its Technology Ventures unit, dedicated to energy innovation. "TAE - and fusion technology as a whole - has the potential to be a scalable source of no-carbon energy generation and a key enabler of grid stability as renewables become a greater portion of the energy mix," said Jim Gable, Vice President, Innovation and President of Chevron Technology Ventures.

TIFF Investment Management Chief Investment Officer Jay Willoughby stated "Opportunities to back extraordinarily talented teams who can change the world do not come around often. The progress TAE has demonstrated and continues to make on the road to safe, clean, commercial fusion power is unique and something we all need." 

THE TAE DIFFERENCE

What sets TAE apart from other fusion efforts is the company's proprietary advanced beam-driven field-reversed configuration (FRC), a combination of plasma physics and accelerator physics, developed to integrate into the grid with TAE's preferred fuel source, hydrogen-boron, also known as proton-boron or p-B11.

TAE is committed to non-radioactive hydrogen-boron both for its abundance - in excess of 100,000 years supply globally - and because it is the cleanest, safest, most economical terrestrial fuel cycle for fusion, with no geopolitical concerns or proliferation risks. The company has worked toward delivering cost-competitive, environmentally benign hydrogen-boron fusion since its founding in 1998. Now, thanks to its proven money-by-milestone success and steady scientific progress, TAE is on the cusp of achieving that goal. (See www.tae.com/history).

"Through successful training of Norman's state-of-the-art control system, paired with proprietary power management technology and extensive optimization of our machine learning algorithms, we have achieved a scale of control at an unparalleled level of integrated complexity," said Binderbauer. "Our long-standing expertise in fusion, together with seminal advances in design and operational mastery, are paying off handsomely as we progress toward delivering an inexhaustible clean energy source that has the capacity to transform the human experience and sustain future generations."

About TAE Technologies
TAE Technologies
 (pronounced T-A-E) was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company's pioneering work represents the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid. With over 1,800 patents filed globally and over 1,100 granted, $1.2 billion in private capital raised, five generations of National Laboratory-scale devices built and two more in development, and an experienced team of over 400 employees, TAE is now on the cusp of delivering this transformational energy source capable of sustaining the planet for thousands of years.

The company's revolutionary technologies have produced a robust portfolio of commercial innovations in large adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. TAE is based in California, and maintains international offices in the UK and Switzerland. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future.

Photo - https://mma.prnewswire.com/media/1862145/TAE_Technologies_fusion_reactor.jpg

Investor Contact
Jonathan Toretta
jt@tae.com

Media Contact
Tom Green
tom@influenceemobility.com

SOURCE TAE Technologies

Tue, 19 Jul 2022 00:36:00 -0500 en text/html https://www.prnewswire.co.uk/news-releases/tae-technologies-exceeds-fusion-reactor-performance-goals-by-250-as-company-closes-250-million-financing-round-totaling-1-2-billion-to-date-894776383.html
Killexams : Advent Technologies Launches Honey Badger 50™ to Power "On-the-Go" Soldier Systems During Military and Rescue Operations

Fuel Cell Manufacturer Fills First Shipment Order of Advanced Wearable Power System for United States Department of Defense via U.S. Army DEVCOM C5ISR Center

BOSTON, August 04, 2022--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced the launch of Honey Badger 50™ ("HB50"), a compact portable fuel cell system and quiet power supply for use in off-grid field applications, such as military and rescue operations. The launch of Advent’s portable power system coincides with the Company’s fulfillment of its first shipment order from the United States Department of Defense. The order was specifically placed by the U.S. Army DEVCOM C5ISR Center, with funding through the Project Manager Integrated Visual Augmentation System, which works to enhance the situational awareness capabilities of soldiers. This effort is awarded under a General Technical Services’ prime contract under "Next Generation Power Component Systems" to support defense mission requirements.

"While Honey Badger is currently only defense-related, we have developed industrial applications, such as M-ZERØ, based on its core technology. Defense-related projects are always important for developing breakthrough technologies before they become widely available and affordable within the broader market," said Dr. Vasilis Gregoriou, Advent’s Chairman & Chief Executive Officer. "We expect that in the near future, we should see multiple applications for Honey Badger portable power fuel cells in sectors such as robotics, agriculture, drones, emergency operations, and hospitality like leisure and camping. We are proud of the work of our Silicon Valley-based team, and its vision for bringing to market unique fuel cells that can support several sectors and fuel sources."

The HB50 power system can be fueled by biodegradable methanol, allowing near silent generation of up to 50W of continuous power with clean emissions. Designed for covert operations, HB50 can easily power radio and satellite communications gear, remote fixed and mobile surveillance systems, and, laptop computers along with more general battery charging needs.

"Alongside Honey Badger’s rugged physical specification, we wanted the device to be highly versatile when it comes to the fuel sources. Developing HB50 to run on methanol means something as easily accessible as windshield wiper fluid can be used to keep it running – therefore maximizing the product’s adaptability to a multitude of different applications beyond the battlefield," added Dr. Gregoriou.

HB50’s unique design allows it to be used in soldier-worn configurations or operated inside a portable backpack or vehicle while charging batteries and powering soldier systems, while its thermal features allow it to operate within an ambient temperature range of -20C to +55C. Aside from its optimized compatibility with Integrated Visual Augmentation System ("IVAS") and soldier systems like Nett Warrior, Honey Badger can also power devices such as high frequency radios like the model 117G, as well as B-GAN and StarLink terminals. HB50’s durability allows it to be easily deployed in challenging conditions and climates while supporting mission mobility for three to seven days without the need to re-supply.

"We are honored and excited to support the US DoD in its vision for advanced electronics, electrification, and power generation capabilities in the field," said Ian Kaye, Advent’s Senior Vice President of Product Development. "The Honey Badger 50™ is a unique technology that can provide 65% of weight savings versus batteries over a typical 72-hour mission. The weight saving benefits increase further for longer missions. We have also initiated the process to receive approval for the testing of the system by other NATO allies."

Since Honey Badger’s fuel cell technology can run on hydrogen or liquid fuels, the system can operate at a fraction of the weight of traditional military-grade batteries to meet the US DoD’s continuously evolving needs for ‘on-the-go’ electronics needs. As military adoption and use of IVAS equipment continues to evolve, the highly portable lightweight power solutions like Honey Badger will become a mission critical necessity.

For more information about Advent Technologies Holdings, Inc. and the Honey Badger 50™, please visit: https://www.advent.energy/product-honey-badger-50/

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 150 patents issued, pending, and licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions – offering a flexible "Any Fuel. Anywhere." option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "forecast," "goal," "project," and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause genuine results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading "Risk Factors" in Advent’s Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 31, 2022, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005573/en/

Contacts

Elisabeth Maragoula/Michael Trontzos
Advent Technologies Holdings, Inc.
press@advent.energy

Thu, 04 Aug 2022 01:00:00 -0500 en-CA text/html https://ca.finance.yahoo.com/news/advent-technologies-launches-honey-badger-130000128.html
Killexams : PM Consulting tapped to bring new tech to USAID's mission

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Killexams : Enablence Technologies Inc. Responds to US Senate Passing Bill to Boost Semiconductor Production

The MarketWatch News Department was not involved in the creation of this content.

Fremont, California and Ottawa, Ontario, Jul 29, 2022 (Newsfile Corp via COMTEX) -- Fremont, California and Ottawa, Ontario--(Newsfile Corp. - July 29, 2022) -  Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a provider of optical components and subsystems, is pleased to respond to and applaud the US government for passing a long-awaited bill aimed at boosting US semiconductor production in a bid to increase American competitiveness, a bipartisan achievement that will send tens of billions of dollars into American manufacturing and scientific research. The US$52 billion bill passed the House on July 28, 2022 with broad bipartisan support, which will be followed by it going to President Biden to be signed into law.

The CHIPS and Science Act is aimed at increasing domestic semiconductor manufacturing, making the US less reliant on other countries such as China for semiconductors, therefore boosting US national security and technological innovation, while creating jobs.

"We recognize the US government's sense of urgency and leadership in passing this bill to ensure leading edge companies, such as Enablence, that are at the forefront of and critical to the semiconductor sector in a variety of strategic verticals have the appropriate funding and government support in place to maintain leadership and render the US self-sufficient," said Todd Haugen, CEO of Enablence Technologies Inc. "We are seeing demand accelerate for our products in mission critical applications and welcome the opportunity to work with our government representatives to access funding for growth through this bill and creating value for all of our constituents and stakeholders."

About Enablence Technologies Inc.

Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, manufactures and sells optical components, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips. Enablence products serve a global customer base, primarily focused today on data center and other rapidly-growing end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers.

For more information, visit: www.enablence.com.

For more information contact:

T. Paul Rowland, CFO
Enablence Technologies Inc.
paul.rowland@enablence.com

Todd Haugen, CEO
Enablence Technologies Inc.
todd.haugen@enablence.com

Ali Mahdavi, Capital Markets & Investor Relations
am@spinnakercmi.com

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In particular, this news release contains forward-looking statements pertaining to Enablence seeking funding under the terms of the CHIPS and Science Act. By their nature, forward-looking statements require us to make assumptions. Assumptions are based in part on the ability to secure regulatory approval. These statements are based on current expectations that involve several risks and uncertainties which could cause genuine results to differ from those anticipated. These risks include, but are not limited to risks relating to the Company failing to obtain the requisite regulatory (including the TSX Venture Exchange) approvals; the terms as described hereof may be amended following the date hereof; the impact of the evolving COVID-19 pandemic on the Company's business, operations and sales and related adverse effects on the economies and financial markets of countries in which the Company operates;; and the ability of the Company to obtain access to government funding under the CHIPS and Science Act. Although the Company believes that the expectations reflected in the forward looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause genuine results or conditions to differ materially from current expectations. Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR (www.sedar.com) under Enablence's issuer profile. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132310

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Fri, 29 Jul 2022 01:09:00 -0500 en-US text/html https://www.marketwatch.com/press-release/enablence-technologies-inc-responds-to-us-senate-passing-bill-to-boost-semiconductor-production-2022-07-29
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