Daily Archives: September 23, 2020

AGF Management Limited Reports Third Quarter 2020 Financial Results

TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) —

  • Closed Smith & Williamson merger.
  • Reported adjusted diluted EPS of $0.19 for the third quarter of 2020.
  • Announces intention to launch a substantial issuer bid.
  • Private alternative AUM increased 14% to $2.8 billion. Establishes new advisory committee for its alternatives business.

AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the third quarter ended August 31, 2020.

AGF reported total assets under management (AUM) of $37.0 billion compared to $37.4 billion in the same period in 2019. Average daily mutual fund AUM remained flat at $18.9 billion compared to the same period in 2019. Ending mutual fund AUM was $19.2 billion. AUM related to AGF’s private alternatives increased 14% to $2.8 billion compared to $2.4 billion in the same period of 2019.

Equity markets performed strongly in the third quarter with many regions recovering losses experienced during the market downturn in spite of high levels of volatility from the continued impacts of the COVID-19 pandemic.

In this uncertain environment AGF’s mutual funds held up well against the industry, reporting net redemptions of $22.0 million compared to net redemptions of $103.0 million in Q3 2019. Excluding net flows from institutional clients invested in mutual funds, net redemptions were $4.0 million for the quarter compared to $103.0 million in the comparative period of 2019.

“In the current environment we have been able to maintain our business trajectory in the retail space and close the Smith & Williamson merger providing us the ability to redeploy capital in a number of ways to ensure our resources remain focused against our stated strategic goals while delivering continued value to our shareholders,” said Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, AGF. “We will be taking a three-pronged balanced approach to use our capital to return value to our shareholders through funding share buybacks, paying down our debt, and seeding continued areas of growth, including private alternatives.”

The Board has authorized AGF to use up to $40 million of the cash received as a result of the merger between Tilney and Smith & Williamson in order to return capital to its shareholders through a substantial issuer bid made to all holders of AGF’s Class B non-voting shares (the “Offer”). The Offer may be at a premium to the then-current market price of the Company’s Class B non-voting shares. Holders of the Company’s Class A voting shares and insiders of AGF are not expected to participate in the Offer. Subject to market and other conditions, AGF anticipates that the terms of the Offer will be finalized later this month, with the Offer expected to be completed by the end of November 2020.

Focused on driving growth in its key strategic pillars, AGF has established a new advisory committee for its alternatives business, the AGF Alternatives Advisory Committee (Committee), comprised of individuals who have made a significant impact in an investment and/or leadership role in organizations noteworthy for their success in the alternatives sector. The Committee will provide strategic insight and advice to the Executive Management Team of AGF. Ron Mock, former President and CEO at the Ontario Teachers’ Pension Plan, and Michael Latimer, former President and CEO of OMERS, have joined the newly established Committee.

“Now more than ever we have seen the value of alternatives as we navigate these uncertain times reaffirming this space as integral to AGF’s growth strategy, delivering value for our shareholders while providing our clients access to the uncorrelated asset classes they are seeking,” added McCreadie. “To have these two tenured industry leaders with substantial knowledge and experience at the table with us will be invaluable as we look to grow our alternatives capabilities and partnerships, including our recently announced expansion with SAF Group.”

Business Highlights:

  • On September 1, the merger between Tilney and Smith & Williamson to create one of the U.K.’s leading integrated wealth management and professional services groups closed. As a result, AGF received total cash of £177 million (C$296 million), excluding tax and one-time expenses and subject to closing adjustments.
  • AGF has entered into a definitive option agreement with the SAF Group which grants AGF the right to acquire an indirect controlling interest in the management fee partnerships of select SAF Group (SAF) funds exercisable at any time in a 12 month period, in addition to any new private credit fund AGF and SAF bring to market together. Additionally, AGF announced that the General Partners will commit $15 million in capital to a new private credit fund the firms expect to bring to market together later this year.
  • AGF and WaveFront Global Asset Management Corporation announced on September 21st the launch of AGFWave Asset Management Inc. (AGFWave), a new joint venture for providing asset management services and products in China and South Korea.
  • AGF reinforced its commitment to furthering responsible and sustainable investing practices across the organization with new dedicated investment management hires and a new industry membership focused on enhancing sustainability research.
  • AGF is a signatory to the United Nations supported Principles for Responsible Investment (PRI) as a sustaining member of the Responsible Investment Association. In *PRI’s 2020 Assessment Report, AGF maintained its overall “Strategy and Governance” score of ‘A+’, and its overall score of ‘A’ under “Listed Equity – Incorporation”. In 2020, AGF also improved to an overall score of ‘A’ for “Listed Equity – Active Ownership” and “Fixed Income – Corporate Non-Financial”. Overall, AGF either maintained or exceeded the median score in all six modules.
  • AGF filed prospectuses with the Canadian securities regulators for the launch of two ETFs (AGF Global Sustainable Growth Equity ETF and AGF Global Opportunities Bond ETF) and two mutual funds (AGFiQ Global Balanced ETF Portfolio Fund and AGFiQ Global Income ETF Portfolio Fund) to offer clients choice and expand its distribution reach through a variety of investment vehicles.

“During the quarter and throughout the pandemic we have been focused on delivering for our clients and strengthening relationships with our partners,” said Judy Goldring, President and Head of Global Distribution, AGF. “This will keep us top of mind over the long-term and has led to strong results, increased engagement and a growing interest in many of our top performing global and liquid alternatives strategies.”

For further information on AGF’s pandemic response plan statement visit AGF.com.

Financial Highlights:

  • Income for the three months ended August 31, 2020 was $138.7 million, compared to $107.4 million in the prior year and $89.0 million recorded in the three months ended May 31, 2020.
  • Income in the quarter includes $41.3 million in dividend income related to Smith & Williamson, comprised of an interim dividend of $8.8 million received in June and a special distribution of $32.5 million received September 2, 2020.
  • Adjusted EBITDA before commissions for the three months ended August 31, 2020 was $30.1 million compared to $30.2 million in the three months ended August 31, 2019 and $21.2 million in the three months ended May 31, 2020.
  • For the three months ended August 31, 2020, AGF reported adjusted net income of $14.8 million ($0.19 per diluted share) compared to adjusted net income of $14.6 million ($0.18 per diluted share) in the corresponding period in 2019 and net income of $5.3 million ($0.07 per diluted share) in the three months ended May 31, 2020.
  • Upon final close of the S&WHL transaction, the Company received total cash of £177 million (C$296 million), excluding tax and one-time expenses and subject to closing adjustments. On September 9, 2020, AGF received cash proceeds of £148.8 million (C$250.4 million), resulting in a gain on the sale, after tax and one-time expenses, of approximately $96 million. With the transaction now complete, AGF possesses no financial interest in the merged group.
  • On September 14, 2020, AGF used a portion of the proceeds from the sale of Smith & Williamson to pay down its credit facility in full.
(from continuing operations) Three months ended Nine months ended
  August 31,   May 31,   August 31,   August 31,   August 31,
(in millions of dollars, except per share data)   2020   2020   2019   2020   2019
Income
Management, advisory, administration fees
and deferred sales charges $ 94.9 $ 88.8 $ 97.3 $ 283.2 $ 290.9
Share of profit of joint ventures 0.6 0.6 0.1 1.3 0.2
Share of profit of associate (S&WHL)  –  – 5.8  – 16.8
Dividend income, net of currency
hedge (S&WHL) 41.3  –  – 45.8  –
Fair value adjustments and other income (loss) 1.9 (0.4) 4.2 4.3 14.3
Total Income 138.7 89.0 107.4 334.6 322.2
Selling, general and administrative 46.1 40.2 47.3 131.6 143.9
EBITDA before commissions1 62.6 21.2 29.0 114.1 71.2
Adjusted EBITDA before commissions1 30.1 21.2 30.2 81.6 89.1
Net income 47.3 5.3 14.4 63.5 25.7
Adjusted net income1 14.8 5.3 14.6 31.0 37.4
Diluted earnings per share 0.60 0.07 0.18 0.80 0.32
Adjusted diluted earnings per share1 0.19 0.07 0.18 0.39 0.47
Free cash flow1 15.5 6.1 9.7 36.1 34.4
Dividends per share 0.08 0.08 0.08 0.24 0.24
Long-term debt 194.3 199.9 158.9 194.3 158.9
(end of period) Three months ended
  August 31,   May 31,   February 29,   November 30,   August 31,
(in millions of dollars)   2020   2020   2020   2019   2019
Mutual fund assets under management (AUM)2 $ 19,232 $ 18,259 $ 18,492 $ 19,346 $ 18,839
Institutional, sub-advisory and ETF accounts AUM 9,252 9,591 10,313 10,755 10,391
Private client AUM 5,773 5,624 5,905 6,100 5,778
Private alternatives AUM3 2,755 2,862 2,716 2,580 2,413
Total AUM, including private alternatives AUM 37,012 36,336 37,426 38,781 37,421
Net mutual fund redemptions2 (22) (93) (344) (181) (103)
Average daily mutual fund AUM2 18,879 17,386 19,462 19,015 18,915
1 EBITDA before commissions (earnings before interest, taxes, depreciation, amortization and deferred selling commissions), adjusted EBITDA before commissions, adjusted net income, adjusted diluted earnings per share and Free Cash Flow are not standardized measures prescribed by IFRS. The Company utilizes non-IFRS measures to assess our overall performance and facilitate a comparison of quarterly and full-year results from period to period. They allow us to assess our investment management business without the impact of non-operational items. These non-IFRS measures may not be comparable with similar measures presented by other companies. These non-IFRS measures and reconciliations to IFRS, where necessary, are included in the Management’s Discussion and Analysis available at www.agf.com.
2 Mutual fund AUM includes retail AUM, pooled fund AUM and institutional client AUM invested in customized series offered within mutual funds.
3 Represents fee-earning committed and/or invested capital from AGF and external investors held through joint ventures. AGF’s portion of this commitment is $207.4 million, of which $146.1 million has been funded as at August 31, 2020.

For further information and detailed financial statements for the third quarter ended August 31, 2020, including Management’s Discussion and Analysis, which contains discussions of non-IFRS measures, please refer to AGF’s website at www.agf.com under ‘About AGF’ and ‘Investor Relations’ and at www.sedar.com.

Conference Call

AGF will host a conference call to review its earnings results today at 11 a.m. ET.

The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/dfgu2kmg. Alternatively, the call can be accessed toll-free in North America by dialing 1 (800) 708-4540 (Passcode #: 49913104).

A complete archive of this discussion along with supporting materials will be available at the same webcast address within 24 hours of the end of the conference call.

This press release is for informational purposes only and does not constitute an offer to buy or a solicitation of an offer to sell AGF’s Class B non-voting shares. The substantial issuer bid referred to in this press release has not yet commenced. The solicitation and offer to buy the Class B non-voting shares will only be made pursuant to a separate issuer bid circular, which will contain full details of the substantial issuer bid and will be filed with the securities regulatory authorities and mailed to AGF’s shareholders.

*The PRI works with its international network of signatories to put the six Principles for Responsible Investment into practice. Its goals are to understand the investment implications of environmental, social and governance issues and to support signatories in integrating these issues into investment and ownership decisions. The Assessment Report is designed to provide feedback to the signatories to support them in their ongoing learning and development in this regard. More information about PRI and its assessment reports can be found on the following website: https://www.unpri.org/reporting. To view AGF’s PRI signatory page, please click here.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.

AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With $37 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

AGF Management Limited shareholders, analysts and media, please contact:

Adrian Basaraba
Senior Vice-President and Chief Financial Officer
416-865-4203, InvestorRelations@agf.com

Baoqin Guo
Vice-President, Finance
416-865-4228, InvestorRelations@agf.com

Caution Regarding Forward-Looking Statements

This press release includes forward-looking statements about the Company, including its business operations, strategy and expected financial performance and condition and its intention to launch a substantial issuer bid. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as ‘expects,’ ‘estimates,’ ‘anticipates,’ ‘intends,’ ‘plans,’ ‘believes’ or negative versions thereof and similar expressions, or future or conditional verbs such as ‘may,’ ‘will,’ ‘should,’ ‘would’ and ‘could.’ In addition, any statement that may be made concerning future financial performance (including income, revenues, earnings or growth rates), ongoing business strategies or prospects, fund performance, and possible future action on our part, is also a forward-looking statement. Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations, business prospects, business performance and opportunities. While we consider these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about our operations, economic factors and the financial services industry generally. They are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied by forward-looking statements made by us due to, but not limited to, important risk factors such as level of assets under our management, volume of sales and redemptions of our investment products, performance of our investment funds and of our investment managers and advisors, client-driven asset allocation decisions, pipeline, competitive fee levels for investment management products and administration, and competitive dealer compensation levels and cost efficiency in our investment management operations, as well as general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, taxation, changes in government regulations, unexpected judicial or regulatory proceedings, technological changes, cybersecurity, the possible effects of war or terrorist activities, outbreaks of disease or illness that affect local, national or international economies (such as COVID-19), natural disasters and disruptions to public infrastructure, such as transportation, communications, power or water supply or other catastrophic events, and our ability to complete strategic transactions and integrate acquisitions, and attract and retain key personnel. We caution that the foregoing list is not exhaustive. The reader is cautioned to consider these and other factors carefully and not place undue reliance on forward-looking statements. Other than specifically required by applicable laws, we are under no obligation (and expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise. For a more complete discussion of the risk factors that may impact actual results, please refer to the ‘Risk Factors and Management of Risk’ section of the 2019 Annual MD&A.

Tampa General Hospital announces strategic partnership with Philips to innovate and improve patient experience

September 23, 2020

The seven-year agreement between the two organizations will upgrade technology throughout the hospital and improve efficiency

Amsterdam, the Netherlands and Tampa, Florida, U.S. – Tampa General Hospital (TGH) and Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced they are creating a long-term strategic partnership designed to keep Tampa General Hospital at the forefront of technological innovation.

Tampa General, one of the largest hospitals in the U.S., will have early and ongoing access to the latest Philips innovations during the seven-year arrangement. This will allow the hospital to continue delivering world-class care while lowering costs.

“We are humbled by the heroic work the TGH team is doing during the pandemic and their dedication to constantly improving care across the board, even in these difficult times,” said Vitor Rocha, Chief Philips North America, member of the Executive Committee Royal Philips. “The relationship between TGH and Philips builds on a shared drive for innovation in healthcare – to deliver on the Quadruple Aim, break down the barriers between hospital and home and improve people’s lives. For us, the partnership is more than transactional. It means taking the time to truly understand their patients’ needs and suggest solutions that can address their workflow and service line needs today, while planning for tomorrow.”

Under the terms of this strategic partnership, Philips will provide the hospital with millions of dollars’ worth of new solutions such as new software packages, healthcare informatics, unique workflow solutions and high-level consulting.

As a result, Tampa General will replace all bedside patient and vital sign monitors throughout the 1,006-bed hospital and upgrade key imaging equipment in the catheterization laboratories and interventional radiology rooms.

Philips also plans to deliver a standardized platform, providing doctors and clinicians with a better overall view of the patient to help make the best decisions when it comes to diagnosis and providing world-class care.

“This partnership allows us to stay on the leading edge of technology for many years to come, in a cost-effective way,” said TGH President and CEO John Couris. “Philips not only provides new solutions, but also serves as a valuable partner by helping us improve our workflows and optimization. Tampa General’s vision is to become the safest and most innovative academic health system in America, and long-term commitments like this one will help us achieve that vision.”

The transformational partnership shows Tampa General is investing in long-term innovation. Together, Philips and Tampa General have already invested more than 1,000 hours on technology replacement planning and performed over 400 clinical staff interviews to understand how to better improve the patient and staff experience.

Philips is also working on a technology replacement plan which includes implementing cloud-based technologies such as Philips PerformanceBridge. This technology gives users a view to all their diagnostic equipment and ensures that TGH gets the latest in medical innovation in a cost-effective, timely way.

A key benefit for Tampa General is that Philips solutions are built to integrate with the hospital’s existing technologies for a seamless experience for clinicians and patients.

For further information, please contact:

Joost Maltha
Philips Global Press Office
Tel.: +31 6 10 55 81 16
E-mail: joost.maltha@philips.com

Jennifer McVan                                                                                                                   

Tampa General Hospital

Director of Marketing and Communications                               
Tel.: +1 813 373-9505                                                             
E-mail: jmcvan@tgh.org                                                             

Silvie Casanova
Philips North America
Tel.: +1 781 879-0692

E-mail: silvie.casanova@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2019 sales of EUR 19.5 billion and employs approximately 81,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

About Tampa General Hospital

Tampa General Hospital, a 1006-bed non-profit academic medical center, delivers world-class care as the region’s only center for Level l trauma and comprehensive burn care. It is one of the nation’s busiest adult solid organ transplant centers and is the primary teaching hospital for the USF Health Morsani College of Medicine. With five medical helicopters, Tampa General Hospital transports critically injured or ill patients from 23 surrounding counties to receive the advanced care they need. Tampa General houses a nationally accredited comprehensive stroke center and its 32-bed Neuroscience Intensive Care Unit is the largest on the West Coast of FloridaIt also is home to the Jennifer Leigh Muma 82-bed Level IV neonatal intensive care unit, and a nationally accredited rehabilitation center. Tampa General Hospital’s footprint includes 17 Tampa General Medical Group Primary Care offices, TGH Family Care Center Kennedy, TGH Brandon Healthplex, TGH Virtual Health and 18 outpatient Radiology Centers. Tampa Bay residents also receive world-class care from the TGH Urgent Care powered by Fast Track network of clinics, and they can even receive home visits in select areas through TGH Urgent Care at Home, powered by Fast Track.  As one of the largest hospitals in Florida, Tampa General Hospital is first in the state to partner with GE Healthcare and open a clinical command center that uses artificial intelligence and predictive analytics to improve and better coordinate patient care at a lower cost.  For more information, go to www.tgh.org.

Attachments

VistaJet Announces New Market-Leading Sustainable Biofuel Partnership, Updates on Success of Its Current Sustainability Pledge and Calls for Further Action From Private Aviation Industry

VistaJet

VistaJet Sustainable Aviation Fuel

•  Introducing new partnership with SkyNRG, pioneer and global leader in sustainable aviation fuel

•  Success of its current sustainability plan, which has seen 80% of Members join plan to reduce carbon footprint

•  Technology-led optimization, reducing fuel consumption by an average of 8% per flight since January 2020

LONDON, Sept. 23, 2020 (GLOBE NEWSWIRE) — VistaJet, the first and only global business aviation company, today announces the progress it has made on its Sustainability in Aviation pledge, launched in January 2020, to rapidly and meaningfully reduce its carbon footprint, and to explore all routes to higher levels of sustainability. The company is also announcing a market-leading partnership with SkyNRG, pioneer and global leader for sustainable aviation fuel (SAF).

The SAF industry has made advancements since its inception, yet the availability of sustainable fuels for jet airplanes is still limited due to financial, technical, and regulatory reasons. With air travel centered around hubs and the 20 busiest airports in the world handling nearly one-fifth of all air passenger traffic, this should make it easier for the new energy source to be fully adopted by operators*. However, a decade after their introduction, there are only a few hubs globally where sustainable biojet fuel is available and it still only accounts for less than 0.1% of total aviation fuel consumption.

As a fundamental step to further increase sustainability, VistaJet has signed a new partnership with SkyNRG, offering all VistaJet customers around the world access to sustainable aviation fuel. This will promote substantial reductions in aviation carbon emissions, and increase stable demand and availability around the world. Partnering with SkyNRG will offer VistaJet customers the most sustainable, cost-effective and scalable solution to decarbonize their flights, while helping to grow adoption across the entire industry.

As a core component of the Sustainability in Aviation program, VistaJet undertook a greenhouse gas (GHG) emissions audit with South Pole, an award-winning project developer and global provider of climate action solutions. To coincide with Climate Week NYC, VistaJet provides its first progress update on its eight pillars of sustainability, and key findings are as follows:

  1. VistaJet’s Carbon Offset Program — Since introducing the Sustainability in Aviation pledge, 80% of VistaJet Members have opted in to compensate for their fuel use-related emissions by investing in certified carbon credits around the world. This meaningful step has allowed VistaJet, with the help of South Pole, to already offset almost 100,000 tons of CO2 (tCO2)** on behalf of its customers — equivalent to over 21,600 passenger vehicles driven for one year or over 12.7 billion smartphones charged***. Additionally, through the EU ETS, emissions of all flights between European countries will be offset by April 2021, which between January to August 2020 totals 21,500 tCO2.
  2. Sustainable Aviation Fuel — The VistaJet brand’s main emission source is aviation fuel, representing 89% of the total GHG emissions and comprising emissions from the production, processing, delivery and combustion of aviation fuel. While offsetting indirectly reduces carbon footprint, using a fuel with a lower carbon intensity would significantly and directly reduce the industry’s emissions — in its neat form the use of SAF can reduce carbon emissions by up to 85% compared to conventional jet fuel. VistaJet’s innovative new plan will secure SAF availability for its customers globally — sourced and delivered by SkyNRG from World Energy’s refinery — supporting fast adoption of this crucially important energy solution.
  3. Most Technologically Advanced Aircraft — VistaJet’s shared fleet model means less aircraft being produced and enables higher utilization of each existing jet. VistaJet’s global infrastructure also allows for a reduction in repositioning flights. Additionally, the company’s young fleet benefits from the latest technology for the most efficient flying and secures better fuel burn than older aircraft. Its new Global 7500 fleet is the most technologically advanced aircraft available today. The aircraft was manufactured with design for the environment in mind, including its new GE Passport engines that produce less noise and fuel consumption of approximately 2.5 litres per functional unit — and even lower for some longer-range missions. Its high-speed transonic wing cuts down on drag, further reducing fuel burn and emissions.
  4. Fuel Consumption Reduction Technology — VistaJet Ltd launched a comprehensive program to automate flight optimization and global fleet management. Through investment in AI and machine-learning technology, the company is working on predictive route algorithms to minimize ferry flights and reduce fuel consumption. To date, using the FLIGHTKEYS 5D flight management system, the company has been able optimize route, level and speed to reduce fuel consumption by 8% per flight. The heightened system automation allows VistaJet dispatchers to increase efficiency in flight re-planning, while 3D optimization in congested airspace minimized the possibility of slot issues and delays.
  5. Fuel Efficient Booking System — Booking with at least one week’s notice helps to further improve fleet management, reducing unnecessary fuel burn. For VistaJet Members, the early booking program can mean a discount on their rates and is available as an option for new contracts. Customers who are more flexible on departure city airport selection have already helped to reduce movement around London airports by 20% in 2019, cutting several tons of CO2.
  6. Partnering with Leaders in Sustainability — VistaJet partners with carbon neutral companies wherever possible and has implemented new requirements for all purchasing partners, including sustainability accreditation for third parties across all departments in the business. Additionally, over 100 onboard stock vendors have been contacted to introduce more sustainable products.
  7. Sustainable In-Flight Products — VistaJet has removed over 90% of single-use items across its fleet and replaced items on board with sustainable alternatives. Examples of these include packaging products using starch that fully biodegrades in one year, replacing plastic toothbrushes with those made of bamboo, sourcing low-impact detergents and cleaning products, and switching to beauty products packaged in glass. This is in addition to serving meals on porcelain and crystalware, available onboard for many years.
  8. Moving to Renewable Electricity On-the-Ground — The extensive company audit enabled VistaJet to identify the carbon footprint of its operations and offices worldwide in order to define further GHG reduction opportunities and priorities. Electricity consumption represents 24% of the total emissions for VistaJet offices specifically. To decrease these levels, VistaJet has adopted electricity supplied from renewable sources for two of its largest offices and is assessing solutions for the others. Further schemes such as cycle to work and flexible location working are being rolled out to decrease employee emissions.

Next Steps for the Industry: VistaJet’s Call to Action

Although private aviation plays a relatively limited role in the global landscape of carbon emissions, producing around 0.04%**** of all human-induced CO2 emissions, demand for mobility is increasing, despite a decline in passenger demand this year due to the COVID-19 pandemic.

While the aviation industry has started discussing on multiple fronts with regulators, leaders in aviation cannot wait and must lead the way by investing in all available, robust solutions to drive the transition to zero carbon. VistaJet has dedicated itself to reducing its environmental footprint and affect positive change through innovation. Thomas Flohr, Founder and Chairman of VistaJet, said “VistaJet is committed to making aviation better. Today, this means changing the way we operate, to benefit not only our customers, but the whole global community. In this spirit, I hope our private aviation partners and peers will do the same, working collaboratively to bring change faster, as this is the only way for the fragmented industry to take full responsibility for the long-term health of the planet. In addition to adhering to market-based measures and improving existing infrastructure, enhancing operational procedures and developing new technological innovations is crucial. We are positive about the future, and we believe together we can transform business aviation for the long-term good.”

Information
Jennifer Farquhar | VistaJet | press@vistajet.com

Notes for Editors
For more information on VistaJet’s sustainability promise, its priority to reduce its carbon footprint meaningfully and fast, and to download the Sustainability in Aviation whitepaper, visit vistajet.com/sustainability.

* https://www.weforum.org/agenda/2019/08/carbon-neutral-flying/
** Between 1 January 2020 and 30 June 2020
*** https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator
**** The global aviation industry produces around 2% of the world’s total human-induced CO2 emissions. Private aviation’s current share of the aviation industry’s global carbon footprint is 2% — so 0.04% of the total emissions.

About VistaJet
VistaJet is the first and only global business aviation company. On its fleet of over 70 silver and red business jets, VistaJet has flown corporations, governments and private clients to 187 countries, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet’s signature Program membership offers customers a bespoke subscription of flight hours on its fleet of mid and long-range jets, to fly them anytime, anywhere.

VistaJet is part of Vista Global Holding — the world’s first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light solutions to cover all key aspects of business aviation. More VistaJet information and news at vistajet.com

VistaJet Limited is a European air carrier that operates 9H registered aircraft under its Maltese Air Operator Certificate No. MT-17 and is incorporated in Malta under Company Number C 55231. VistaJet and its subsidiaries are not U.S. direct carriers. VistaJet-owned and U.S. registered aircraft are operated by properly licensed U.S. air carriers, including XOJET Aviation LLC.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/54939574-b614-46db-89c2-c7e033d7c6a5

LeddarTech’s 180-Degree Solid-State LiDAR Sensor, the Leddar Pixell, Receives the Outstanding & Innovative Product Award by the Shenzhen Automotive Electronics Industry Association

QUEBEC CITY, Sept. 23, 2020 (GLOBE NEWSWIRE) — LeddarTech®, a leader in Level 1 to Level 5 ADAS and AD sensing technology, is pleased to announce the honor of being presented the Outstanding & Innovative Product Award for the Leddar™ Pixell by Shenzhen’s Automotive Electronics Industry Association (SZAEIA) at an awards ceremony on September 10, 2020 in Shenzhen, China.

The Outstanding & Innovative Product Award is focused on products impacting China’s automotive industry. Over the years the award has garnered a reputation of trust in the Chinese automotive industry due to its stringent assessment process and world-class expert judging panels. Award recipients are widely recognized and respected by the international automotive industry. The awards cover a wide range of companies who support China’s automotive industry, including large and medium-sized automobile companies, vehicle manufacturers, Tier 1-2 suppliers, universities, and scientific research institutions.

Having made significant contributions to promoting automotive technologies and innovative activities, these awards have tremendous influence and significant standing not only with China’s automobile industry but the international scientific community as well. Founded in 2010, Shenzhen’s Automotive Electronics Industry Association (AEIA) is a not-for-profit organization consisting of auto electronics and related parts enterprises in Shenzhen currently consisting of over 500 members across China.

The Leddar Pixell is the most robust solid-state LiDAR on the market. This sensor provides a 180-degree horizontal field of view (FoV) and can provide 360-degree coverage of a vehicle when four modules are used. The Leddar Pixell offers best-in-class shock and vibration resistance meeting ISO 16750-3 requirements and compliant to the SAE J1455 standard for heavy dust intrusion, positioning the Leddar Pixell for use in the industrial vehicle markets requiring robustness and durability. Also, the Leddar Pixell is IP67 certified and provides an MTBF of more than 148,000 hours, which is equivalent to ten times that of scanning solutions.

The Leddar Pixell is ideal for shuttles, robotaxis, ADVs, and other off-road vehicles used in construction, agriculture, and mining applications.

“LeddarTech is very honored to receive the Outstanding & Innovative Product Award for the Leddar Pixell by Shenzhen’s Automotive Electronics Industry Association (SZAEIA),” commented Dr. David Cheskis, Vice-President of Product Management at LeddarTech. “The Leddar Pixell was first recognized with an award at CES 2020, and this award from such a prestigious organization as the SZAEIA is significant.” Dr. Cheskis continued, “LeddarTech is committed to developing products and solutions that enable greater safety while accelerating ADAS and AD. The Leddar Pixell, which is being deployed globally, is an example of our innovative and pioneering product strategy.”

About LeddarTech

LeddarTech is a leader in environmental sensing solutions for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments with its LeddarVision™ sensor-fusion and perception platform. LeddarTech delivers a cost-effective, scalable, and versatile LiDAR development solution to Tier 1-2 automotive system integrators that enables them to develop automotive-grade solid-state LiDARs based on the foundation of the LeddarEngine™. LeddarTech has 14 generations of solid-state LiDARs based on the LeddarEngine platform operating 24/7 in harsh environments. This platform is actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities from Level 1-5.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Corporate Marketing and Communications, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Moore Nanotechnology เปิดศูนย์พัฒนากระบวนการในเมืองคองคอร์ด รัฐนอร์ท แคโรไลนา

SWANZEY, N.H., Sept. 23, 2020 (GLOBE NEWSWIRE) — Moore Nanotechnology Systems (“Nanotech”) ซัพพลายเออร์ชั้นนำของโลกด้านระบบเครื่องจักรที่มีความแม่นยำสูง ประกาศเปิดตัวศูนย์พัฒนากระบวนการผลิตเครื่องจักรที่มีความแม่นยำสูง (UPM) ในเมืองคองคอร์ด รัฐนอร์ท แคโรไลนาอย่างยิ่งใหญ่

Nanotech พบว่ามีการเติบโตอย่างมากทั่วโลกตามความต้องการของระบบออพติคัลที่มีประสิทธิภาพสูงยังคงเพิ่มขึ้นอย่างต่อเนื่อง โรงงานขนาด 3500 ตารางฟุตนี้จะใช้ความก้าวหน้าทางเทคโนโลยีใหม่ล่าสุดของ Nanotech รวมถึงอุปกรณ์การกลึงเพชรรุ่นใหม่ เครื่องมือวัดและวิเคราะห์ที่ทันสมัย และกิจกรรมการพัฒนากระบวนการฮาร์ดแวร์

Nanotech ได้ตัดสินใจอย่างมีจุดมุ่งหมายที่จะให้สถานที่แห่งนี้อยู่ใกล้กับมหาวิทยาลัย UNC Charlotte เพื่อสร้างความสัมพันธ์ร่วมกันให้มากขึ้นกับ Matt Davies ในการวิจัยการกลึงเพชรและ Chris Evans ที่มีมาตรวิทยาที่แม่นยำ Mark Boomgarden ประธานและ CEO ของ Nanotech ได้แสดงความเห็นไว้ว่า “ในช่วงสองปีที่ผ่านมา เราได้ค้นหาวิธีการใหม่ๆ ในการมีส่วนร่วมในตลาดและสถาบันการศึกษาอย่างจริงจังและมีกลยุทธ์ ซึ่งการแก้ปัญหาที่ซับซ้อนและนำแบรนด์ของเราไปสู่ลูกค้าในปัจจุบันและอนาคต” Mr. Boomgarden กล่าวต่อว่า “การทำงานอย่างใกล้ชิดกับมหาวิทยาลัยในสหรัฐอเมริกาอย่าง UNC Charlotte ซึ่งมีความเชี่ยวชาญทั้งในด้านารตัดเฉือนและมาตรวิทยาที่มีความแม่นยำสูง มอบโอกาสที่ดีสำหรับ Nanotech ในการทำงานร่วมกันและพัฒนาการนำเสนอผลิตภัณฑ์และเทคโนโลยีของเรา ซึ่งเป็นเพียงอีกก้าวหนึ่งที่ Nanotech กำลังดำเนินการเพื่อแบ่งปันความมุ่งมั่นของเราที่มีต่ออุตสาหกรรมนี้”

ศูนย์มาตรวิทยาที่แม่นยำ (Center for Precision Metrology) ของ UNC Charlotte ได้รับการยอมรับจากทั่วโลก และด้วยผลงานที่นำโดย Matt Davies ความเชี่ยวชาญด้านการกลึงเพชรของพวกเขาได้รับการจัดอันดับให้อยู่ในอันดับที่ดีที่สุดในประเทศ

Paul Vermette รองประธานฝ่ายวิศวกรรมของ Nanotech กล่าวว่า “Nanotech ยังคงขยายและลงทุนในแผนงานผลิตภัณฑ์และเทคโนโลยีของเรา และศูนย์พัฒนากระบวนการนี้จะเป็นตัวขับเคลื่อนสำคัญในการแก้ปัญหาอุตสาหกรรมที่ซับซ้อนที่สุด” Mr. Vermette ได้กล่าวต่อ “การมุ่งเน้นและการลงทุนของ Nanotech ในการพัฒนาเทคโนโลยีฮาร์ดแวร์และซอฟต์แวร์คือสิ่งที่ทำให้เราแตกต่างจากคู่แข่ง การมีศูนย์พัฒนากระบวนการนี้ใกล้กับมหาวิทยาลัยจะช่วยให้เราสามารถพัฒนาและสาธิตอุปกรณ์และซอฟต์แวร์ NanoCAM4® ชั้นนำของตลาดได้ดีขึ้นในแบบเรียลไทม์”

Rick Tankersley รองอธิการบดีฝ่ายวิจัยและพัฒนาเศรษฐกิจที่ UNC Charlotte ได้กล่าวเสริมว่า “เรารู้สึกตื่นเต้นมากกับการตัดสินใจของ Moore Nanotechnology ในการเปิดศูนย์พัฒนากระบวนการใกล้กับมหาวิทยาลัย UNC Charlotte มหาวิทยาลัยมีทั้งความถนัดทางเทคนิคและทุนทรัพยากรมนุษย์ในการทำงานร่วมกันในระดับสูงและขยายกิจกรรมการวิจัยเกี่ยวกับแผนกลยุทธ์ของ Nanotech เราหวังเป็นอย่างยิ่งว่าจะได้ให้การสนับสนุนและขยายความสัมพันธ์ของเรา”

Matt Davies อดีตผู้อำนวยการศูนย์ทัศนศาสตร์อิสระ ซึ่งปัจจุบันดำรงตำแหน่งศาสตราจารย์ด้านวิศวกรรมเครื่องกลและวิทยาศาสตร์วิศวกรรมที่ UNC Charlotte ได้ให้ความเห็นไว้ว่า “จากการวิจัยและประสบการณ์ในการผลิตเลนส์รูปแบบอิสระ Nanotech เป็นผู้นำระดับโลกในการออกแบบ การพัฒนา และการติดตั้งอุปกรณ์กลึงเพชร การมีศูนย์พัฒนากระบวนการอยู่ใกล้กับมหาวิทยาลัยจะทำให้การทำงานร่วมกันในอนาคตง่ายขึ้นมาก ผมหวังว่าจะได้ทำงานร่วมกับทีมของ Nanotech”

Moore Nanotechnology Systems (Nanotech) ก่อตั้งขึ้นใน Keene, NH ในปี 1997 เป็นบริษัทในเครือของ Moore Tool Company Nanotech คือผู้นำระดับโลกในด้านการออกแบบ การพัฒนา และการผลิตเครื่องมือเครื่องจักรที่มีความแม่นยำสูงและกระบวนการที่เกี่ยวข้อง (การกลึงเพชรแบบจุดเดียว การกัดระดับไมโคร การขัดระดับไมโคร และการหล่อแบบด้วยแผ่นกระจก) สำหรับการผลิตส่วนประกอบออพติคัลขั้นสูงในภาคส่วนอุปกรณ์อิเล็กทรอนิกส์สำหรับผู้บริโภค อวกาศ การป้องกัน การบินและอวกาศ การให้แสงสว่าง การแพทย์ และยานยนต์ Moore Tool ก่อตั้งขึ้นในปี 1924 และตั้งอยู่ที่ Bridgeport, Connecticut มีประวัติอันยาวนานในตลาดเครื่องมือเครื่องจักรที่มีความแม่นยำสูง ในปัจจุบัน Moore Tool ให้บริการสายการผลิต CNC Jig Grinder ประสิทธิภาพสูง พร้อมบริการการผลิตที่มีความแม่นยำซึ่งได้รับการรับรองทั้ง ISO 9001:2015 และ AS9100D Moore Nanotechnology และ Moore Tool นั้นถูกรวมเข้าด้วยกันภายใต้กลุ่ม PMT

Moore Nanotechnology Systems: www.nanotechsys.com
Moore Tool, Inc: www.mooretool.com

สำหรับรายละเอียดเพิ่มเติม โปรดติดต่อ:

Moore Nanotechnology Systems
Scott Gerhart
รองประธานฝ่ายขายและการตลาด
โทร +1 603 352 3030
gerhart@nanotechsys.com

Moore Nanotechnology Systems
Paul Vermette
รองประธานฝ่ายวิศวกรรม
โทร +1 603 352 3030
vermette@nanotechsys.com

Beyond Limits Raises $133M Series C Investment to Drive Global Expansion of AI Technology

LOS ANGELES, Sept. 22, 2020 (GLOBE NEWSWIRE) — Beyond Limits, an industrial and enterprise-grade AI technology company built for the most demanding sectors, including energy, utilities and healthcare, today announced a milestone Series C funding round with $113 million closed and another approximately $20 million committed. This round is led by Group 42, a prominent AI and cloud computing company, and bp ventures, an existing two-time investor and customer of the company.

“Today we are seeing unprecedented, world-wide demand for systems that go beyond the limitations of conventional AI,” said AJ Abdallat, CEO and Founder of Beyond Limits. “Our cognitive software has the ability to understand situations and place problems in real-world contexts as well as to learn over time. We’re excited to help more customers by applying our unique and powerful AI approach to solve some of the toughest problems facing industries and the world today.”

Beyond Limits’ Cognitive AI applies human-like reasoning to solve problems, much like how humans form conclusions using inference and logic. This unique approach combines encoded human knowledge with available data sources, allowing systems to adapt and continue to operate in situations where data may be in short supply or missing altogether. As a result, Beyond Limits’ customers are able to elevate operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result.

“bp ventures was established to identify and invest in high-potential, game-changing technology companies that can help us reimagine our global energy system,” said Morag Watson, Senior Vice President, Digital Science and Engineering at bp. “With this additional investment, we believe that Beyond Limits’ Cognitive AI could help create a more intelligent and sustainable future for the energy sector and indeed across industry as a whole.”

“We look forward to working together and exploring the many capabilities of this advanced technology,” said Martin Edelman, General Counsel, Group 42. “We believe Beyond Limits’ unique AI will bring new levels of efficiency to high-impact sectors and help drive future economic growth.”

The $133M funding will be used to expand Beyond Limits’ business both in the United States and abroad, including the launch of Beyond Limits Asia, with regional headquarters in Singapore and operations in Hong Kong, Taipei and Tokyo and further expansion across Europe, the Middle East, Africa and Asia. Beyond Limits Asia will drive investments for joint ventures and strategic partnerships in Asia to expand Beyond Limits’ AI in new verticals including financial services, led by the Hong Kong office, and advanced manufacturing, led the Taiwan office. The funding will also accelerate Beyond Limits’ Cognitive AI application development and SaaS product portfolio and fuel the Beyond Labs R&D program.

About Beyond Limits
Beyond Limits is an industrial and enterprise-grade artificial intelligence company built for the most demanding sectors including energy, utilities, and healthcare. Founded in 2014, Beyond Limits leverages a significant investment portfolio of advanced technology developed at Caltech’s Jet Propulsion Laboratory for NASA space missions.

Beyond traditional artificial intelligence, Beyond Limits’ unique Cognitive AI technology combines numeric techniques like machine learning with knowledge-based reasoning to produce actionable intelligence.

Customers implement Beyond Limits AI to drastically boost operational insights, improve operating conditions, enhance performance at every level, and ultimately increase profits as a result. The company was recently honored by CB Insights on their 2020 List of Top AI 100 most innovative artificial intelligence startups and by Frost & Sullivan for their North American Technology Innovation Award.

For more information, please visit www.beyond.ai.

About bp ventures
bp ventures was set up more than 10 years ago to identify and invest in private, high growth, game-changing technology companies, accelerating innovation across the entire energy spectrum. Since then, BP has invested almost $700 million in technology companies across more than 31 active investments with more than 250 co-investors.

Venturing plays a key role in BP’s strategy to tackle the dual challenge of meeting the world’s need for more energy, while at the same time reducing carbon emissions.

bp ventures focuses on connecting and growing new energy business, focused on our core upstream, downstream and alternative energy businesses. In addition, it makes strategic equity investments in advanced mobility, low carbon and digital.

For more information visit: bp.com/ventures

About Group 42
Group 42 (G42) is a leading Artificial Intelligence and Cloud Computing company dedicated to the development and implementation of holistic and scalable technology solutions. https://g42.ai

Contact Information:
Ed Cruz
LEWIS for Beyond Limits
619-308-5245
beyondlimitspr@teamlewis.com

Leddar Pixell เซ็นเซอร์ LiDAR โซลิดสเตต 180 องศาของ LeddarTech ได้รับรางวัลผลิตภัณฑ์ที่โดดเด่นและเป็นนวัตกรรมโดย Shenzhen Automotive Electronics Industry Association

ควิเบก ซิตี้, Sept. 23, 2020 (GLOBE NEWSWIRE) — LeddarTech® ผู้นำด้านเทคโนโลยีการตรวจจับ ADAS และ AD ระดับ 1 ถึงระดับ 5 ยินดีที่จะประกาศรางวัลผลิตภัณฑ์ที่โดดเด่นและเป็นนวัตกรรมสำหรับ Leddar Pixell โดย Shenzhen’s Automotive Electronics Industry Association (SZAEIA) ในงานประกาศรางวัลเมื่อวันที่ 10 กันยายน 2020 ในเซินเจิ้น ประเทศจีน

รางวัลผลิตภัณฑ์ที่โดดเด่นและเป็นนวัตกรรมมุ่งเน้นไปที่ผลิตภัณฑ์ที่มีผลกระทบต่ออุตสาหกรรมยานยนต์ของจีน ตลอดหลายปีที่ผ่านมารางวัลนี้ได้รับชื่อเสียงจากความไว้วางใจในอุตสาหกรรมยานยนต์ของจีนจากกระบวนการประเมินที่เข้มงวดและผ่านการตัดสินจากผู้เชี่ยวชาญระดับโลก ผู้รับรางวัลได้รับการยอมรับอย่างกว้างขวางและได้รับการยอมรับจากอุตสาหกรรมยานยนต์ระดับนานาชาติ รางวัลนี้ครอบคลุมบริษัทต่างๆ มากมายที่สนับสนุนอุตสาหกรรมยานยนต์ของจีน รวมถึงบริษัทรถยนต์ขนาดใหญ่และขนาดกลาง, ผู้ผลิตยานยนต์, ซัพพลายเออร์ระดับ Tier 1-2, มหาวิทยาลัย และสถาบันวิจัยทางวิทยาศาสตร์

รางวัลนี้ได้รับการสนับสนุนอย่างมากในการส่งเสริมเทคโนโลยียานยนต์และกิจกรรมนวัตกรรมต่างๆ ซึ่งมีอิทธิพลอย่างมหาศาลและโดดเด่นไม่เพียงแต่กับอุตสาหกรรมรถยนต์ของจีนเท่านั้น แต่ยังรวมถึงชุมชนวิทยาศาสตร์ระหว่างประเทศอีกด้วย Shenzhen’s Automotive Electronics Industry Association (AEIA) ก่อตั้งขึ้นในปี 2010 เป็นองค์กรที่ไม่แสวงหาผลกำไรซึ่งประกอบด้วยบริษัทอิเล็กทรอนิกส์และชิ้นส่วนอะไหล่ที่เกี่ยวข้องในเซินเจิ้น ซึ่งปัจจุบันมีสมาชิกกว่า 500 รายทั่วประเทศจีน

Leddar Pixell คือ LiDAR แบบโซลิดสเตตที่มีประสิทธิภาพที่สุดในตลาด เซ็นเซอร์นี้จะให้มุมมองภาพ (FoV) ในแนวนอน 180 องศาและเมื่อใช้ทั้งสี่โมดูลจะสามารถครอบคลุมยานพาหนะได้ 360 องศา Leddar Pixell มอบการต้านทานแรงกระแทกและการสั่นสะเทือนที่ดีที่สุดในระดับเดียวกันตามข้อกำหนด ISO 16750-3 และเป็นไปตามมาตรฐาน SAE J1455 สำหรับการป้องกันฝุ่นปริมาณมาก ทำให้ Leddar Pixell เหมาะสำหรับการใช้งานในตลาดรถยนต์อุตสาหกรรมที่ต้องการความแข็งแกร่งและทนทาน นอกจากนี้ Leddar Pixell ยังได้รับการรับรอง IP67 และมอบ MTBF มากกว่า 148,000 ชั่วโมง ซึ่งเทียบเท่ากับโซลูชันการสแกนถึงสิบเท่า

Leddar Pixell เหมาะอย่างยิ่งสำหรับรถรับส่ง, แท็กซี่ไร้คนขับ, ADV และยานพาหนะใช้งานนอกถนนอื่นๆ ที่ใช้ในการก่อสร้าง เกษตรกรรม และการทำเหมือง

“LeddarTech เป็นเกียรติอย่างยิ่งที่ได้รับรางวัลผลิตภัณฑ์ที่โดดเด่นและเป็นนวัตกรรมสำหรับ Leddar Pixell โดย Shenzhen’s Automotive Electronics Industry Association (SZAEIA)” Dr. David Cheskis รองประธานฝ่ายการจัดการผลิตภัณฑ์ที่ LeddarTech กล่าว “Leddar Pixell ได้รับการยอมรับเป็นครั้งแรกด้วยรางวัลที่งาน CES 2020 และได้รับรางวัลนี้จากองค์กรอันทรงเกียรติอย่าง SZAEIA ซึ่งมีความสำคัญอย่างยิ่ง” Dr. Cheskis กล่าวต่อว่า “LeddarTech มุ่งมั่นที่จะพัฒนาผลิตภัณฑ์และโซลูชันที่ช่วยเพิ่มความปลอดภัยพร้อมกับเร่งความเร็วให้กับ ADAS และ AD Leddar Pixell ซึ่งกำลังถูกนำมาใช้ทั่วโลกเป็นตัวอย่างของกลยุทธ์ผลิตภัณฑ์ที่สร้างสรรค์และบุกเบิกของเรา”

เกี่ยวกับ LeddarTech

LeddarTech เป็นผู้นำในด้านโซลูชันการตรวจจับสภาพแวดล้อมสำหรับยานยนต์อัตโนมัติและระบบช่วยเหลือผู้ขับขี่ขั้นสูง LeddarTech ก่อตั้งในปี 2007 โดยได้พัฒนาเป็นบริษัทการตรวจจับสภาพแวดล้อมแบบครบวงจรโดยให้ลูกค้าสามารถแก้ไขปัญหาการตรวจจับและการรับรู้ที่สำคัญได้ทั่วทั้งห่วงโซ่คุณค่าของตลาดยานยนต์และการเคลื่อนที่ด้วยแพลตฟอร์มการรวมข้อมูลเซ็นเซอร์และการรับรู้ของ LeddarVision™ LeddarTech มอบโซลูชันการพัฒนา LiDAR ที่มีความยืดหยุ่น ปรับขนาดได้ และหลากหลายให้กับผู้วางระบบยานยนต์ระดับ Tier 1-2 ที่ช่วยให้พวกเขาสามารถพัฒนา LiDAR แบบโซลิดสเตตระดับยานยนต์บนพื้นฐานของ LeddarEngine™ LeddarTech มี LiDAR แบบโซลิดสเตต 14 รุ่นซึ่งใช้แพลตฟอร์ม LeddarEngine ที่ทำงานทุกวันตลอด 24 ชั่วโมงในสภาพแวดล้อมที่เลวร้าย แพลตฟอร์มนี้ได้รับการปรับใช้ในการใช้งานรถรับส่งขับขี่อัตโนมัติ รถบรรทุก รถโดยสารประจำทาง รถส่งสินค้า เมือง/โรงงานอัจฉริยะ และแท็กซี่ไร้คนขับ บริษัทเป็นผู้รับผิดชอบในการคิดค้นนวัตกรรมใหม่ๆ ในแอปพลิเคชันตรวจจับยานยนต์และการเคลื่อนที่ระยะไกลที่ทันสมัยด้วยเทคโนโลยีที่จดสิทธิบัตรมากกว่า 95 รายการ (จดสิทธิบัตรแล้วหรือรอดำเนินการ) ที่ช่วยเสริมขีดความสามารถ ADAS และการขับขี่แบบอัตโนมัติตั้งแต่ระดับ 1-5

สามารถดูข้อมูลเพิ่มเติมเกี่ยวกับ LeddarTech ได้ที่ www.leddartech.com และบน LinkedInTwitterFacebook และ YouTube

ติดต่อ:
Daniel Aitken รองประธานฝ่ายการตลาดและการสื่อสารองค์กรระดับโลกของ LeddarTech Inc.
โทร: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision และโลโก้ที่เกี่ยวข้องเป็นเครื่องหมายการค้าหรือเครื่องหมายการค้าจดทะเบียนของ LeddarTech Inc. และบริษัทในเครือ แบรนด์ ชื่อผลิตภัณฑ์ และเครื่องหมายต่างๆ ทั้งหมดเป็นหรืออาจเป็นเครื่องหมายการค้าที่ใช้เพื่อระบุถึงผลิตภัณฑ์หรือบริการต่างๆ ของเจ้าของที่เกี่ยวข้อง