Category: Advanced Technology

Bloomberg.comUS Chips: Biden's Plans to Block China's Access Will BackfireCurbing Beijing's access to cutting-edge technology will cause … may eventually push Beijing to develop its own advanced technology..2 hours ago

Bloomberg.comUS Chips: Biden’s Plans to Block China’s Access Will BackfireCurbing Beijing’s access to cutting-edge technology will cause … may
eventually push Beijing to develop its own advanced technology..2 hours ago
link

Read More ...

Colorado considers using AI to spot wildfire smoke

In an effort to prevent the spread of destructive wildfires, Colorado lawmakers are considering investing in artificial intelligence technology to monitor video footage and warn firefighters when smoke is detected.

The Colorado Senate Committee on Agriculture and Natural Resources unanimously passed a $2 million bill Thursday that would establish one or more remote camera technology pilot programs that “may include the use of artificial intelligence technologies.”

The bill advanced to the Colorado Senate Appropriations Committee for further consideration.

If approved, a pilot program would install 40 camera stations and six mobile stations that could be moved to monitor active fires. The results of the pilot would be used to evaluate whether the technology should be implemented more widely across the state.

The pilot would be run by the state’s Center of Excellence for Advanced Technology Aerial Firefighting. The Center of Excellence is a research and development group within the Colorado Division of Fire Prevention and Control, which was created by state legislators in 2014 to monitor the efficacy of aerial firefighting methods.

At the state Senate hearing Thursday, the center’s director, Ben Miller, expressed interest in the technology but said it would not immediately reach full efficacy.

“The more you train the model, the better and better it gets,” Miller said.

Western states including California, Nevada and Oregon are already using AI to monitor live footage from networks of cameras in forests and mountains for signs of smoke. Sonoma County in California, for example, contracted the South Korean AI company Alchera, Inc. in 2021 to monitor its existing network of cameras, many of which are mounted to cell towers.

Some mountainous Colorado counties have also begun investing in similar technology. Boulder County issued a contract last September for three wildfire cameras.

link

Read More ...

South China Morning PostEU joins US in ‘depriving China of the most advanced chips’, official says“We cannot allow China to access the most advanced technologies. … exports of high-end semiconductors and chip-making technology to China..3 hours ago

South China Morning PostEU joins US in ‘depriving China of the most advanced chips’, official says“We cannot allow China to access the most advanced technologies. …
exports of high-end semiconductors and chip-making technology to China..3 hours ago
link

Read More ...

Fenghua Advanced Technology Expects Up to 71% Fall in 2022 Profit


MT Newswires 2023

All news about GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.

Sales 2022 3 924 M
578 M
578 M
Net income 2022 509 M
75,1 M
75,1 M
Net cash 2022 133 M
19,6 M
19,6 M
P/E ratio 2022 38,8x
Yield 2022
Capitalization 20 363 M
3 002 M
3 002 M
EV / Sales 2022 5,16x
EV / Sales 2023 3,65x
Nbr of Employees 8 684
Free-Float 66,6%

Chart GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.



Duration :


Period :




Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. Technical Analysis Chart | MarketScreener

Technical analysis trends GUANGDONG FENGHUA ADVANCED TECHNOLOGY (HOLDING) CO., LTD.

Short Term Mid-Term Long Term
Trends Bullish Neutral Bearish

Income Statement Evolution

Sell

Buy

Mean consensus BUY
Number of Analysts 3
Last Close Price 17,60 CNY
Average target price 16,35 CNY
Spread / Average Target -7,10%


link

Read More ...

Rajesh Exports update on its foray into advanced technology energy solutions business




Rajesh Exports announced the signing of a tripartite agreement with the Ministry of Heavy Industries (Govt. of India), Department of Industries and Commerce (Govt. of Karnataka) and ACC Energy Storage (100% subsidiary of the company) paving the way of the company’s foray into advanced technology energy solutions business.

Rajesh Exports has been selected by the Govt. of India as one among the three successful participants in the Rs. 18,100 crore PLI Scheme for production of advanced chemistry cells.

As per the requirement of the PLI Scheme Rajesh Exports has incorporated a 100% subsidiary in the name of ACC Energy Storage, for execution of the project for manufacture of advanced chemistry lithium ion cells for manufacture of lithium ion batteries.

The tripartite agreement has been executed wherein the Ministry of Heavy Industries, Govt. of India has assured of all the required support for setting up of 5 GWhr giga factory. The Department of Industries and Commerce, Government of Karnataka has also assured all the required support and tailor made incentive package for setting up the Giga factory and ACC Energy Storage has undertaken to execute the project within the required time limit.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!


link

Read More ...

Saudi Aramco’s Venture Arm Backs Japanese Drone Tech Startup

(Bloomberg) — Saudi Aramco’s early-stage investment fund is backing a Japanese startup that develops software for drones, as the world’s biggest oil company pursues new technologies.

State-backed Saudi Arabian Oil Co.’s Wa’ed Ventures said it will invest $14 million in Tokyo-based Terra Drone Corp., which designs software to help drones inspect and monitor pipes, tanks and other confined spaces. It’s the $200 million fund’s first investment in East Asia.

Wa’ed Ventures targets technologies it believes could bring new business to Saudi Arabia, which seeks to diversify revenue sources beyond oil. The fund is betting that Terra Drone will localize technological development in Saudi Arabia and help achieve Crown Prince Mohammed Bin Salman’s ambition to make the country a local hub for advanced technologies. 

With a portfolio of more than 50 companies, Wa’ed Ventures is part of a national push to step up tech investments. Aramco owns another investment arm called Aramco Ventures, which manages bigger funds including the $1 billion Prosperity7 fund. The kingdom’s Public Investment Fund recently increased its stake in gaming giant Nintendo Co., while making a sizable investment in South Korea’s Kakao Entertainment Corp. 

The Japanese startup plans to use the money to set up an office in Saudi Arabia and help drones conduct inspections of Saudi Aramco’s oil and gas plants and tanks, said Terra Drone Director Teppei Seki. The company wants to hire 100 people there in two to three years, he said. Founded in 2016 as an affiliate of electric motorcycle maker Terra Motors Corp., the company now has offices in the Netherlands, Belgium and Indonesia. 

“We are extremely keen to expand our business to the Middle East,” Seki said in an interview. “This investment places us on the map as one of the world’s top drone companies, something we needed to launch us

Read More ...

UAVOS unveils advanced landing gear technology with new leaf spring system

Today UAVOS Inc., a leading manufacturer of unmanned aerial vehicles (UAVs), announced the successful testing of a cutting-edge landing gear leaf spring system as part of its Medium Altitude Long Endurance (MALE) unmanned aircraft program. The leaf spring system is made of aircraft prepreg carbon using a high-temperature molding procedure, which makes it 50% stronger, thinner and lighter than the most commonly used steel. This system offers a significant reduction in aerodynamic drag and in fuel consumption of aircraft while notably increasing flight performance. The advanced main landing gear leaf spring system is designed to support aircraft weight up to 1200 kg. Systems running through the leaf-spring are hydraulic tubing, axles to connect the wheels, and brake system components. Spring leg weight is 19kg.

Rigorous ground-based proof tests conducted by UAVOS’ team confirmed that the leaf spring system will be able to withstand all the aircraft stresses and strains associated with takeoff, flight and landing as well as soften the blows that occur when the unmanned aircraft lands or runs over the uneven surface of the runway.

“We are continually seeking ways to improve our unmanned platforms, making them more relevant for our customers’ emerging needs,” said Aliaksei Stratsilatau, CEO of UAVOS. “We’ve designed new heavy-weight landing gear, which greatly extends our MALE UAS endurance while further increasing their operational flexibility.”

UAVOS’ MALE UAS program aims to design, develop and launch advanced aircraft, thus contributing to growing the unmanned systems industry. Data collected from the test will inform UAVOS’ developments of future medium altitude long endurance unmanned aircraft capabilities.

For more information visit https://www.uavos.com/

link

Read More ...

Advanced technology battery start-up Log9 Material on

Advanced technology battery start-up Log9 Material on Monday said it has raised USD 40 million (nearly Rs 325 crore) in Series B funding led by Amara Raja Batteries Ltd and Petronas Ventures.

The round was also participated by other investors, including Incred Financial Services, Unity Small Finance Bank, Oxyzo Financial Services and Western Capital Advisors.

”The recent round of investments will allow us to grow our battery manufacturing capabilities to a 2 GWH capacity by the end of 2024,” Log9 Material Founder and CEO Akshay Singhal said in a statement.

He further said it will also help the company to commission its first fully integrated Lithium Ion Cell production line.

”Furthermore, over Rs 100 crore will be invested towards advancements in cell and battery technology stacks,” Singhal added.

Log9 said it also plans to invest a part of the raised funds into ”budding start-ups and organisations that are solving challenges related to charging infrastructure, technology ancillaries and companies fighting climate change at large”.

On the company’s investment, Amara Raja Batteries Executive Director Vikramaditya Gourineni said, ”Log9’s progress in the field is significant in meeting India’s growing aspirations in the energy and mobility space. Battery manufacturing is the most critical part of the value chain that needs to be localised, and batteries designed in India for India will pave the way.” Petronas Ventures Head Arni Laily said, ”Log9’s approach to the future of energy continues to excite us and strongly aligns with the investment priorities of PETRONAS Ventures. This partnership will further enhance PETRONAS’ expansion in the new energy and green mobility sectors.” Log9 is also backed by CBC Japan, Grip Invest Advisors Private Ltd., Cornerstone Venture Partners, LO Funds, Oxy Capital and other leading angel investors.

(This story has not been edited by

Read More ...

The InformationHow Microsoft's Stumbles Led to Its OpenAI AllianceEarlier this month Nadella and Chief Technology Officer Kevin Scott, … was a director at the Defense Advanced Research Projects Agency and….11 hours ago

The InformationHow Microsoft’s Stumbles Led to Its OpenAI AllianceEarlier this month Nadella and Chief Technology Officer Kevin Scott, …
was a director at the Defense Advanced Research Projects Agency and….11 hours ago
link

Read More ...

5 Tips to Start Your Business the Right Way

You’ve probably been dreaming of starting your own business. What’s stopping you? Maybe you don’t know where to start, or maybe you’re afraid of failure. Whatever the case may be, don’t let fear hold you back. There are plenty of ways to start a business the right way, and we’ll show you how. By following these tips, you can be on your way to establishing a successful business.

  1. Ensure Your Business Idea Is Viable

The first step to starting a successful business is to make sure your idea is viable. To do this, you’ll need to do some market research to ensure there’s a demand for your product or service. You may have an idea, but if there’s no market for it, your business will fail. For instance, there’s no point in starting a business that sells snowboards in a place that never sees snow. There would be very little demand for it.

  1. Create a Business Plan

Once you’ve determined that your business idea is viable, the next step is to create a business plan. This plan outlines your goals and objectives, strategies, and steps to achieving them. It’s important to have a business plan in place as it will give you a roadmap to follow and help keep you on track. Without it, you may be more likely to veer off course or make impulsive decisions that could hurt your business. Sit down and take the time to create a detailed business plan.

  1. Choose the Right Business Structure

The next step is to choose the right business structure. This is important as it will determine things like how you’re taxed, your liability, and more. There are several different business structures to choose from, so it’s important to do some research and figure out which one is right … Read More ...