News provided by PR Newswire
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boon Secures $20.5M in Funding and Launches AI Workflow Platform to Double Efficiency and Profitability for Commercial Fleets
2024-12-19 22:03:00
boon's AI Agent takes on time-consuming tasks after just a few days mimicking the work SAN FRANCISCO, Dec. 19, 2024 /PRNewswire-PRWeb/ -- Supply chain and logistics are the backbone of our economy but remain one of the most overlooked areas for technological innovation. These operations run on razor-thin margins, are inundated with legacy technology that lacks connectivity, and meanwhile are responsible for the movement of every physical product in our lives. boon AI (boon), the AI-powered workflow platform for commercial fleets, is launching to transform supply chain and logistics by delivering a single system to automate repetitive manual tasks. boon already works with dozens of companies, deploying its AI agent to take on tasks for customers after mimicking manual workflows for just a few days. Its Series A round, led by Marathon and Redpoint Ventures, will accelerate the benefits it brings to customers, ranging from food delivery to powering the teams that ensure holiday gifts arrive on time.
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SIGMA LITHIUM ENVIRONMENTAL LICENSE FOR BARREIRO MINE IS AWARDED WITH UNANIMOUS APPROVAL, ENABLING CONTINUOUS INDUSTRIAL-MINING INTEGRATED OPERATIONS THROUGHOUT THE 16-YEAR TERM OF DEVELOPMENT BANK FINANCING
2024-12-21 00:56:00
SÃO PAULO, Dec. 20, 2024 /PRNewswire/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) ("Sigma Lithium" or the "Company"), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon-neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce the receipt of a Triple Environmental License (Licenca Operacional (LO), Licenca Previa (LP), Licenca Instalacao (LI)) for its Barreiro mine. Barreiro is the second mine site within the Grota do Cirilo property, the Company's 100% owned operation in Brazil, planned for sequential integration to feed the Company's Greentech Industrial Plant in the coming years.
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Law Offices of Jason Turchin Pursues Compensation for Victims of Defective Automotive Airbag Injuries
2024-12-20 21:05:00
FORT LAUDERDALE, Fla., Dec. 20, 2024 /PRNewswire/ -- The Law Offices of Jason Turchin is representing victims injured by defective automotive airbags, including cases where airbags failed to deploy, deployed improperly, or exploded due to faulty components. These defects have led to serious injuries and fatalities across the United States. "Airbags are designed to save lives, but when they malfunction, the results can be catastrophic," said Jason Turchin, Esq. "We work to hold automakers and manufacturers accountable for these dangerous defects."
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The Drive Awards 2024: Announcing the Best Cars, Trucks, and SUVs of the Year
2024-12-20 18:29:00
The annual list recognizes the best cars of 2024 across six categories LOS ANGELES, Dec. 20, 2024 /PRNewswire/ -- The Drive is proud to announce the 2024 winners of its annual awards program. The Drive Awards honor the most exciting and innovative cars that debuted or were significantly updated in the past year. Now in its third year, the awards span six categories: Trucks, EVs, SUVs, Cars Under $40K, Performance Cars, and Cars for Dogs. Led by Editor-in-Chief Kyle Cheromcha, Executive Editor Andrew Collins, and Reviews Editor Chris Tsui, the entire editorial team deliberates over review scores, key features, industry impact, and overall quality to determine which manufacturers and vehicles will be crowned winners. To be eligible, vehicles had to be new or, at the very least, meaningfully updated and driven by somebody on The Drive's staff or roster of contributors sometime in 2024.
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SUBARU ANNOUNCES PRICING ON 2025 SOLTERRA ELECTRIC SUV WITH SIGNIFICANT PRICE REDUCTION
2024-12-20 18:00:00
Starting price at $38,495 MSRP, $6,500 less than 2024 version, with same features2025 Solterra Touring price reduced $7,000 compared to 2024 versionDebut of Solterra Touring Onyx Edition with gloss black wheels, exterior and interior trim accentsStandard Subaru® Symmetrical All-Wheel Drive, best-in-class ground clearance of 8.3 inchesCAMDEN, N.J., Dec. 20, 2024 /PRNewswire/ -- Subaru of America, Inc. announced pricing today on the 2025 Subaru Solterra all-electric SUV. One year after significant upgrades to charging performance, interior enhancements, and driver-assist technologies, the Solterra adds a new trim level and lower starting price for 2025. The 2025 Subaru Solterra will start at $38,495 MSRP -- $6,500 less than the 2024 model -- before applicable federal, state, and local tax credits, and arrive at retailers nationwide early next year.
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X-Bow to Receive Additional Funding for Expansion of DoD Contract for Hypersonic Solid Rocket Motor Development
2024-12-20 17:54:00
The increase is an addition to the $64 million awarded to X-Bow in 2023 to expand production capacity of the solid rocket motor industrial base. LULING, Texas, Dec. 20, 2024 /PRNewswire/ -- X-Bow Systems Inc. (X-Bow), a leading non-traditional producer of advanced solid rocket motors (SRMs) and defense technologies, today announced the expansion of its contract to provide large solid rocket motors (SRM) to the U.S. Navy and the U.S. Army. This increase reinforces X-Bow as a new supplier of SRMs and strengthens the Defense Department supply chain in a critical period for the United States.
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S&P Global Mobility forecasts 89.6M auto sales worldwide in 2025
2024-12-20 15:43:00
As 2025 approaches, S&P Global Mobility forecasts 89.6 million new vehicle sales worldwide next year, reflecting cautious recovery growth. Automotive forecasts have been downgraded across the board, reflecting expected post-election US policy shifts. Resulting impacts to vehicle demand will be significant, especially interest rates, trade flows, sourcing, and BEV adoption rates. SOUTHFIELD, Mich., Dec. 20, 2024 /PRNewswire/ -- Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility.
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BAE Systems awarded $68 million in U.S. Army contracts for additional CATV production
2024-12-20 13:00:00
STERLING HEIGHTS, Mich., Dec. 20, 2024 /PRNewswire/ -- BAE Systems (LON: BA) has been awarded $68 million in contracts to produce an additional 44 Cold Weather All-Terrain Vehicles (CATV) for the U.S. Army. The order includes a $48 million add-on to the existing full-rate production contract, awarded in August 2022, and a $20 million award for 2025 funding. "The CATV provides a dynamic combination of mobility and flexibility, enabling rapid response in all terrains"
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Mitsubishi Motors North America Celebrates Five Years in Tennessee
2024-12-20 12:02:00
FRANKLIN, Tenn., Dec. 20, 2024 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) is proud to celebrate its five-year anniversary in Tennessee this month, marking a significant milestone in the company's growth and success in the U.S. since operations began in 1982. For 37 years, MMNA called Cypress, Calif. its home, before relocating all headquarters operations to the Volunteer State in 2019. Since arriving here, MMNA has made a lasting impact on the local community, creating approximately 180 jobs and contributing strongly to the region's economic development. Along with its approximately 330 dealer partners, Mitsubishi Motors directly or indirectly employs more than 8,000 people across the United States.
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Flow Battery Market worth $1.18 billion by 2030 - Exclusive Report by MarketsandMarkets™
2024-12-20 11:55:00
DELRAY BEACH, Fla., Dec. 20, 2024 /PRNewswire/ -- The global flow battery market will be USD 1.18 billion by 2030 from USD 0.34 billion by 2024, at a CAGR of 23.0% during the forecast period according to a new report by MarketsandMarkets™. The Flow Battery is an energy storage system that has varying applications from utility, telecoms, commercial, industrial and military. It has recently gained widespread use in residential and electric vehicle charging applications because of the technical superiority over the lithium-ion and lead-acid batteries. In conventional batteries, energy is embodied in the electrode material; whereas, in flow batteries, the energy is stored in external tanks containing liquid electrolytes which are circulated through cells to create the electrochemical reaction.