Author: pr web

Stretching from The Rocks underneath the Sydney Harbour Bridge to one of the city’s most dramatic districts, Walsh Bay, this is a place where history and technology come together under lights

Vivid Sydney

Vivid Sydney

SYDNEY, May 25, 2022 (GLOBE NEWSWIRE) — Tucked into the western edge of Circular Quay and running around the headland into Walsh Bay, this waterfront precinct offers a quieter slice of the Vivid Sydney action. It’s home to some of the most unique works of the whole festival, including an animated projection from our youngest-ever artist and an interactive display that lets visitors walk on water.

VIVID LIGHT

Name: Ephemeral Oceanic
Artists: Atelier Sisu: Zara Pasfield (Australia) / Renzo B. Larriviere (Australia/Peru)
Location: Between Pier 1 and Pier 2/3 Walsh Bay
Interactive | Great for families

Walsh Bay is transformed into a giant bubble bath! Step onto a floating boardwalk that weaves between 150 larger-than-life illuminated spheres. Lit from within, the iridescent orbs change colour throughout the night.

Name: Ninget Universe
Artist: Luca French / Spinifex Group (Australia)
Location: ASN Co Building, Hickson Rd, The Rocks
Great for families | Art & Architecture

Vivid Sydney’s youngest-ever artist, 11-year-old Luca French, created this fantastical realm bursting with myriad creatures, inventions, and planets. Projected onto the ASN Clocktower in The Rocks, it transforms the heritage-listed façade with bold, colourful characters. His imaginary beings celebrate all walks of life and are a metaphor for diversity and integration.

Name: Manta Rain
Artists: Atelier Sisu: Renzo B. Larriviere (Australia/Peru) / Paul Peña Castro (Colombia)
Location: Overseas Passenger Terminal
The Natural World | Great for families | Eco-Conscious

This kinetic light-and-sound sculpture draws inspiration from the instantly recognisable shape of the manta ray and the mystical rainstick. The sculpture moves, mimicking the fins and organic movement of sea creatures. The installation reminds us of the irreplaceable beings that live in the depths of our oceans and the importance of environmental conservation.

Name: Earth Deities
Artist: Ramesh Nithiyendran (Australia)
Location: Hickson Road Reserve
Art & Architecture | Soul of the City

Towering over a Sydney Harbour headland, this contemporary sculpture is part idol, part monster, part hero and speaks to Sydney’s multicultural soul and complex histories. A multi-limbed mythical being, it pulses with a synthesis of dramatic light and sound.

Name: Celestial
Artists: Studio John Fish: Kristian Laemmle-Ruff (Australia) / James Hebblethwaite (South Africa) / Chris Conole (Australia)
Location: Between Pier 4/5 and Pier 6/7 Walsh Bay
The Natural World

This highly polished planetary sphere reflects its surroundings and inspires ideas of unity and interconnectedness. Kinetic motors and an abstract soundtrack add to Celestial’s dynamic movement. The overall effect is mesmerising by day and night and is an experience for young and old to enjoy.

Name: Light Sentinels
Artist: Skunk Control: Nick Athanasiou (Australia)
Location: Walsh Bay Waterfront
The Natural World

The illuminated petals of these giant kinetic flowers create a canopy of colour that spills across the landscape and onto passers-by. Weave amongst them and marvel as the petals mechanically unfurl, revealing a vibrant internal ecosystem.

VIVID MUSIC

ACO Presents Mozart and Britten in a Relaxed Performance

Take a more relaxed approach to classical music at this special performance from Artistic Director Richard Tognetti AO and the Australian Chamber Orchestra. With flexible seating arrangement, adjusted sound and lighting, and quiet spaces to chill out, it’s a new way to experience the wonders of Mozart and Britten.

EAT, DRINK & STAY

• Refuel with contemporary Italian antipasti, pizza, and pasta at Ventuno, set right on the edge of the Walsh Bay wharf. There’s a dedicated Bambini Menu for the kids and plenty of Italian wine and beer for the adults.
• Splash out with an authentic Japanese meal at Bay Nine Omakase, an exclusive 10-seat restaurant that’s part of the new Campbell’s Store development. Or get a table with a showstopping view at Harbourfront Seafood Restaurant, just next door.
• As the name suggests, The Theatre Bar at the End of the Wharf sits at the end of Wharf 4/5 in Walsh Bay, next to Sydney Theatre Company. There are great views of the Sydney Harbour Bridge served up alongside share plates and a mostly Australian wine list.
• For a front-row seat to all the action on Circular Quay, don’t go past the Park Hyatt Sydney. This luxury hotel offers magnificent views of the Sydney Harbour Bridge, Lighting of the Sails on the Sydney Opera House, the buildings around the CBD, and the brightly lit boats and ferries as they crisscross Sydney Harbour.
• Spend the night on one of the wharves at the Pier One Sydney, a hotel housed in a beautifully repurposed heritage building. Choose one of the rooms with a bathtub that looks right out at the Sydney Harbour Bridge.

For more information on Vivid Sydney and to book tickets, go to www.vividsydney.com. Get social using @vividsydney #vividsydney.

MEDIA CONTACT: 
Wayne Mitcham, Āmio Limited
M: +64 21 499 550
E: wayne@amio.nz

About Vivid Sydney 

Vivid Sydney is an annual celebration of creativity, innovation, and technology, which transforms Sydney for 23 days and nights. Staged for its 12th year in 2022, Vivid Sydney fuses mesmerising art displays and 3D light projections with exhilarating live music performances and deep-dive discussions from some of the world’s brightest minds, as well as the Sydney Opera House Lighting of the Sails. Vivid Sydney is owned, managed, and produced by Destination NSW, the NSW Government’s tourism and major events agency.

Related Images

Image 1: Vivid Sydney

Image Credit: Destination NSW

Image 2: Earth Deities

Artist: Ramesh Nithiyendran (Photo Credit: Destination NSW)

Image 3: Ephemeral Oceanic

Artists: Atelier Sisu: Zara Pasfield & Renzo B. Larriviere (Photo Credit: Destination NSW)

This content was issued through the press release distribution service at Newswire.com.

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• Vivid Sydney

Amsterdam, 23 May 2022 – Azerion has published the annual report and audited financial results for the full year 2021 of Azerion Holding B.V. (Annual Report). The Annual Report can be found at azerion.com/investors

Co-CEO Atilla Aytekin said: “Publishing our Annual Report is an important milestone for Azerion, following our listing at Euronext Amsterdam earlier in 2022. We look forward to continuing the engagements with the capital markets on the back of our Annual Report and our first quarter 2022 results announcement, planned for the end of May.”
The Annual Report includes updated financial statements as compared to the preliminary unaudited financial results full year 2021 published on 28 February 2022. The updates to the figures are mainly associated with acquisition accounting, following the completion of the acquisition audits, as well as the accounting treatment of the business combination with European FinTech IPO Company 1 (EFIC1) that was completed on 1 February 2022, tax and the refinancing of the Company’s bonds in 2021.

In the income statement, operating profit was lower by approximately EUR 9.2 million as compared to the preliminary results 2021, while EBITDA increased by some EUR 1.8 million, mainly driven by higher depreciation and amortisation, as well as lower gains from currency translation effects. As a result, the loss after tax for the year was higher by approximately EUR 9.1 million, as compared to the preliminary results 2021.

The balance sheet’s assets increased by approximately EUR 15.8 million, mainly related to the completion of purchase price allocation of acquisitions. In addition, there was a reclassification of EUR 8.8 million associated with share appreciation rights related to acquisitions, from equity to other liabilities.

The cash flow statement was updated with reclassifications totalling some EUR 8.2 million comprising the pay-out of contingent consideration from cash flow from operating activities to cash flow from investing activities and the repayment of borrowings to former owners of acquired companies from cash flow from financing activities to cash flow from investing activities. In addition, there was a reclassification of approximately EUR 10.5 million associated with costs of early settlement of bonds from cash flow from operating activities to cash flow from financing activities.

The annual report and full year results of Azerion Holding B.V. cover the period from 1 January 2021 to 31 December 2021 and therefore relate to a period prior to the completion of the business combination between EFIC1 and Azerion Holding B.V. on 1 February 2022. The annual report and full year results 2021 for Azerion Holding B.V. do therefore not comprise any accounts or results of Azerion Group N.V. for 2021. The 2021 annual report and audited financial results for the full year 2021 of Azerion Group N.V., formerly known as EFIC1, can be found at azerion.com/investors.

Contacts

Investor Relations
ir@azerion.com

Media
press@azerion.com

Disclaimer

This is a joint press release from Azerion Group N.V. and Azerion Holding B.V. This communication may contain information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

The annual reports for the year 2021 for Azerion Holding B.V. and Azerion Group N.V. referenced in this press release may include forward looking statements. All statements other than statements of historical facts may be forward looking statements. Words and expressions such as believes, estimates, plans, projects, anticipates, expects, intends, may, will, should or other similar words or expressions are typically used to identify forward-looking statements. Forward-looking statements are subject to risks, uncertainties and other factors that are difficult to predict and that may cause the actual results of Azerion to differ materially from future results expressed or implied by such forward-looking statements. Any forward-looking statements reflect Azerion’s current views and assumptions based on information currently available to Azerion’s management. Forward looking statements speak only as of the date they are made, and Azerion does not assume any obligation to update such statements, except as required by law.

Committed to driving customer value and growth by combining world-class IT and OT expertise from Hitachi Energy and Hitachi Vantara within expanded Lumada portfolio

Zurich, Switzerland, May 23, 2022 (GLOBE NEWSWIRE) — Hitachi, Ltd. (TSE:6501) today announced the launch of Lumada Inspection Insights, its end-to-end portfolio of digital solutions for the inspection, monitoring, and optimization of critical assets. Pioneered by Hitachi Energy and Hitachi Vantara, Lumada Inspection Insights enables customers to automate asset inspection, support sustainability goals, improve physical security, and reduce risks and impacts related to storms or fires by using powerful artificial intelligence (AI) to analyze photographs and video, including LiDAR, thermal and satellite imagery.

The launch of the new portfolio is fully aligned with Hitachi’s Mid-term Management Plan 2024 announced last month by Keiji Kojima, President & CEO, Hitachi, Ltd. In the Plan, Hitachi has set out its growth strategy and commitment to strengthening its digital and green portfolio, which is centered on the Lumada ecosystem. Central to Hitachi’s commitment to social innovation, the Lumada ecosystem is accelerating the journey towards sustainable society through the data-driven cycle of value co-creation with customers. The company is also focused on growing its IT/OT/Products business through constant portfolio transformation.

The new Lumada Inspection Insights portfolio addresses various root causes of failures and forced shutdowns by deploying AI and machine learning (ML) to analyze a wide spectrum of image types, assets and risks. Predictive analytics assesses the risks to operations or environment, and organizations can streamline remediation before outages occur. Available as a comprehensive solution or standalone, the portfolio’s four core applications are Hitachi Image Based Inspections, Hitachi Intelligent Infrastructure Monitoring, Hitachi Vegetation Manager, and Hitachi Map. These represent the company’s latest advancements in its growing Data Operations (DataOps) and Industrial IoT offerings. More information on each solution is below.

Massimo Danieli, Managing Director of Hitachi Energy’s Grid Automation business, said, “The energy transition is one of the most urgent issues of our times and together with customers, we are co-creating pioneering digital solutions to enable the carbon-neutral future.” He added, “In collaboration with Hitachi Vantara, we are delighted to launch the Lumada Inspection Insights portfolio, which gives industrial organizations the tools they need to get the right information to the right teams when they need it most. The result is improved reliability, safety, and sustainability.”

Frank Antonysamy, Chief Digital Solutions Officer, Hitachi Vantara, said, “Becoming data driven is essential to accelerating digitalization and sustainability. This collaboration across Hitachi creates better outcomes for businesses, broader society and our environment by harnessing data and AI to solve multiple operational and business challenges. Together, we can improve industrial asset reliability, prevent wildfires and accelerate global sustainability efforts.”

Lumada Inspection Insights features comprehensive, microservices-based capabilities that allow visibility of assets and factors such as current state, asset health, and encroachment, in a “single pane of glass” actionable view, from a variety of sources. With these unified insights, organizations can improve safety, reliability, and agility. The use of high-resolution, autonomous, and accurate wide-area surveillance ensures that truck rolls and workforce deployments are optimized, reducing waste and furthering a sustainable approach to operations and maintenance.

Utilities around the world are dealing with unprecedented climate-related challenges. In 2021, global wildfires generated an estimated total of 6,450 megatons of CO₂ equivalent – approximately 148 percent more than the EU’s total fossil fuel emissions in 2020.^*(1) These wildfires and other extreme weather events also take a significant toll on transmission lines and other utility assets, threatening worker safety and grid reliability.

*(1) Source: https://atmosphere.copernicus.eu/wildfires-wreaked-havoc-2021-cams-tracked-their-impact

“Inspection, planning and monitoring are among the most critical tasks utilities undertake to maintain grid reliability and resiliency,” said John Villali, Research Director, IDC Energy Insights. He added, “Lumada Inspection Insights combines a variety of visual asset data types with advanced analytics and AI. This empowers utilities to improve decision making, optimize operations and as a result, achieve their reliability, safety, and sustainability goals.”

Hitachi is exhibiting Lumada Inspection Insights at DISTRIBUTECH INTERNATIONAL 2022, which is held from May 23 at Dallas, Texas, United States.

Editor’s Notes

About the four main solutions comprising Lumada Inspection Insights

1. Hitachi Image Based Inspections (HIBI):

Conventional asset inspection methods, such as climbing tall towers or hanging from helicopters, put technicians at risk. Hitachi Image Based Inspections replaces these dangerous, expensive, and time-consuming approaches by leveraging the industry’s most sophisticated AI and machine learning (ML) capabilities in one fully automated and integrated platform. This solution provides scalable image inferencing and processing to help asset managers classify assets, detect defects and categorize defect severity. It automates defect assessment, instantly preprocessing and analyzing thousands of images. The solution’s highly optimized human-in-the-loop capabilities enable continuous retraining of model-based subject matter expert input for a wide range of asset classes and image quality.

2. Hitachi Intelligent Infrastructure Monitoring:

Utilities and other asset intensive organizations are challenged with the need to ensure that their service territories are safe and the service they provide is reliable. To meet this goal, utilities need to have insights to prevent safety incidents, or respond effectively when they happen. Hitachi Intelligent Infrastructure Monitoring leverages video, a powerful data type that is generally utilized to a fraction of its potential. With it, organizations can gather new data though smart cameras, 3D LiDAR sensors and edge gateways, and integrate with CRM, ERP, and other sources of data as required. Operators can gain granular, continuous 3D intelligence for sensitive areas (such as substations), find correlations, causations and real-time incidents.

3. Hitachi Vegetation Manager:

Hitachi Vegetation Manager is the first of its kind, closed-loop vegetation resource planning solution that leverages artificial intelligence and advanced analytics to improve the accuracy and effectiveness of an organization’s vegetation job activities and planning efforts.

The solution utilizes images from a variety of visual sources, including photo, video, and imagery from industry-leading Maxar satellites. The incorporation of satellite technology allows utilities to cover and survey their entire territory to automatically confirm line clearances and maintain compliance with regulations. Satellite technology also provides organizations with more comprehensive insights at scale, allowing them to reduce cost and emissions by minimizing truck and helicopter trips. By combining the images with climate, ecosystem and cut plan data and machine learning algorithms, Hitachi Vegetation Manager enables instant grid-wide visibility and better insights so that organizations can optimize decision-making.

4. Hitachi Map:

Hitachi Map is designed to be the primary interaction point for users, from field technicians looking for work orders in a specific area to a control center team managing a city-wide outage. It’s a “single pane of glass” from which users can access essential information, make informed decisions, and take immediate action.​ Hitachi Map combines information from numerous applications such as EAM, APM, FSM, ADMS, GIS, and more into a single, interactive and easy-to-use geospatial view. Users have intuitive access to key information at their fingertips without having to navigate multiple systems, interpret contextual variations. This approach eliminates extra and duplicative work and reduces carbon emissions from unnecessary travel to and from a site.

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• Combining the power of the camera with data and AI

Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com

Investigators Report Positive Findings From Feasibility Study of CCM in Heart Failure With Preserved Ejection Fraction at the European Society of Cardiology Heart Failure 2022 Congress

MADRID and MARLTON, N.J., May 23, 2022 (GLOBE NEWSWIRE) — Impulse Dynamics, a global medical device company dedicated to improving the lives of people with heart failure (HF), announced today a late-breaking presentation of results from the CCM-HFpEF Piloty Study, which is the largest clinical trial to date studying the effects of the company’s proprietary CCM® therapy to treat HF with preserved ejection fraction (HFpEF). The results presented — including a substantial 18 point improvement in the Kansas City Cardiomyopathy Questionnaire (KCCQ) quality of life score — indicate that, for patients with heart failure and left ventricular ejection fraction (LVEF) ≥50%, CCM therapy not only offered meaningful improvement in quality of life but also substantially decreased hospitalizations versus the patient’s experience prior to the Optimizer® implant. The results were presented at the European Society of Cardiology’s Heart Failure 2022 Congress.

Patients with HFpEF suffer from debilitating symptoms and have very few therapeutic options. This patient population is a similar size as the one with reduced ejection fraction and has been shown to have similar struggles with quality of life, hospitalizations, and mortality.

Cecilia Linde, MD, Professor and Consultant in Cardiology at the Heart and Vascular Theme of Karolinska University Hospital and the Karolinska Institute in Stockholm, Sweden, who was the co-principal investigator for this investigation, said, “The CCM-HFpEF Pilot Study was conducted to explore the hypothesis that CCM therapy might benefit patients with HFpEF. Our hypothesis was based on evidence of greater benefits in CCM HFrEF studies in those with higher LVEF range and from case reports of HFpEF patients. In our CCM-HFpEF-Pilot Study, we found significant benefits from CCM therapy in patients with preserved LVEF, supporting prior findings. I look forward to following the progress of the recently begun pivotal AIM HIGHer trial to continue this journey further.”

Dr. Ishu Rao, Medical Director for Impulse Dynamics, welcomed these results because they confirm the potential for positive results in the company’s recently initiated AIM HIGHer trial. “We are also excited to announce that enrollment is well underway for this landmark IDE-approved, multicenter, randomized, and blinded pivotal trial designed not only to confirm Dr. Linde’s groundbreaking work presented today but to go further yet by providing the first long term morbidity and mortality results for a modern Optimizer CCM device. While Dr. Linde specifically studied patients with EFs ≥50%, in AIM HIGHer, we are examining the efficacy of CCM therapy in 1,500 patients with EFs between 40% and 60%. This represents a large cohort of patients who currently have minimal treatment options and are clamoring for help. If AIM HIGHer’s results are consistent with Dr. Linde’s findings, we may finally begin to close the significant gap in care that exists for millions of patients afflicted with HF and higher EF.”

HF affects more than 64 million people worldwide and leads to dramatic declines in a patient’s quality of life. Patients are often classified by a measure of cardiac function known as the ejection fraction (EF), which describes the percentage of blood pumped out of the left ventricle with each heartbeat. CCM therapy is currently indicated in Europe for patients that have an EF below 50% and has been proven to reduce hospitalizations. However, HF patients with higher EF have had few therapeutic options thus far to alleviate their symptoms and treat their disease.

The purpose of the AIM HIGHer trial — the largest randomized, sham-controlled, device-based interventional heart failure trial — is to further assess the potential of CCM to improve performance and reduce cardiovascular morbidity and mortality for these patients. CCM therapy for HFpEF has already received the FDA’s breakthrough device designation. The Breakthrough Devices Program is a voluntary program for certain medical devices that provide more effective treatment or diagnosis of life-threatening or irreversibly debilitating diseases or conditions. The goal of the Breakthrough Devices Program is to provide patients and health care providers with timely access to these medical devices by speeding up their development, assessment, and review while preserving the statutory standards consistent with the Agency’s mission to protect and promote public health.

The Optimizer Smart Mini delivers CCM therapy which consists of precisely timed electrical pulses sent to the heart. These signals are designed to improve the heart’s ability to function properly, allowing more oxygen-rich blood to be pushed out through the body.

About Impulse Dynamics

Impulse Dynamics, based in Marlton, NJ, is dedicated to helping healthcare providers enhance the lives of people with heart failure by transforming how the condition is treated. The company has pioneered CCM® therapy, which is delivered by the company’s Optimizer® Smart Mini, an FDA-approved treatment verified to improve the quality of life for certain heart failure patients. CCM therapy is a safe, effective, and minimally invasive treatment option for many heart failure patients who otherwise have few effective options available to them. To learn more, visit www.ImpulseDynamics.com, or follow the company on LinkedIn, Twitter, and Facebook.

Forward-looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘plan,’’ ‘‘anticipate,’’ ‘‘could,’’ ‘‘intend,’’ ‘‘target,’’ ‘‘project,’’ ‘‘contemplate,’’ ‘‘believe,’’ ‘‘estimate,’’ ‘‘predict,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements include, but are not limited to, statements concerning: potential benefits of CCM therapy and the ability for CCM therapy and our products to fill a significant unmet medical need for patients with heart failure; and the short-term and long-term benefits of the Optimizer Smart Mini and CCM therapy in patients with heart failure, as well as to the physicians treating those patients. These forward-looking statements are based on management’s current expectations and involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Other important factors that could cause actual results, performance or achievements to differ materially from those contemplated in this press release include, without limitation: the Company’s future research and development costs, capital requirements and the Company’s needs for additional financing; commercial success and market acceptance of CCM therapy; the Company’s ability to achieve and maintain adequate levels of coverage or reimbursement for Optimizer Smart and Optimizer Smart Mini systems or any future products the Company may seek to commercialize; competitive companies and technologies in the industry; the Company’s ability to expand its indications and develop and commercialize additional products and enhancements to its current products; the Company’s business model and strategic plans for its products, technologies and business, including its implementation thereof; the Company’s ability to expand, manage and maintain its direct sales and marketing organization; the Company’s ability to commercialize or obtain regulatory approvals for CCM therapy and its products, or the effect of delays in commercializing or obtaining regulatory approvals; FDA or other U.S. or foreign regulatory actions affecting us or the healthcare industry generally, including healthcare reform measures in the United States and international markets; the timing or likelihood of regulatory filings and approvals; and the Company’s ability to establish and maintain intellectual property protection for CCM therapy and products or avoid claims of infringement. The Company does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.

Rex Richmond, Director (Media Relations)
Impulse Dynamics
856-642-9933
rrichmond@impulsedynamics.com

Harriss Currie, CFO (Investor Relations)
Impulse Dynamics
856-642-9933
hcurrie@impulsedynamics.com

Ian Segal, Manager (Public Relations)
Impulse Dynamics
856-642-9933
isegal@impulsedynamics.com

BEIJING, May 23, 2022 /PRNewswire/ — RobotPlusPlus, a leader in aerial work robots, today announced its Series B funding round of US$15 million, bringing it to approximately US$35 million in total investment since its founding in 2017. This latest funding was led by Meituan, China’s leading tech and online retail company, and Fosun, a global innovation-driven consumer group.

RobotPlusPlus plans to use the new capital to accelerate its R&D timeline and expand its global presence. New robotic offerings will be released for cargo hold cleaning, tank painting, and facade cleaning, in addition to upgrading current products by integrating more autonomous technologies.

“Our latest round of funding contributes to the positive momentum we have been building over the past year. With a growing market share across our key territories, we look to continue to deliver more transformational results to our current and future clients,” said RobotPlusPlus founder and CEO Hua-yang Xu.

With a mission to “empower humans with robots,” RobotPlusPlus has a portfolio of robotic solutions for crucial industries such as maritime, ship repair, petrochemicals, and power generation. The Company focuses on addressing the need to improve aerial work safety for operators while improving the efficiency of Inspection, Maintenance, and Repair (IMR) solutions and lowering operating costs for asset owners.

This has led RobotPlusPlus to be a market leader in magnetic crawler robots, with hundreds of robots already sold to clients worldwide. With its large team of skilled engineers and operators in place, RobotPlusPlus also provides Robot as a Service(RaaS) services to clients, enabling them not only to offer timely and cost-effective services but also to gain insights into industrial application scenarios.

“While we’ve previously focused on the Chinese market, 2021 has brought us more success outside China. We’re looking forward to making our solutions available to a broader audience and cementing our position as a key player globally,” stated Andy Lu, partner & SVP of RobotPlusPlus.

An example of this ambition is an upcoming office opening in Singapore to expand the Company’s ability to serve the Asian and Middle Eastern markets.

“An aging workforce, rising labor costs, frequent aerial work-related accidents, and the COVID-19 pandemic have had an accelerative effect on the aerial work robotics sector,” commented Pu Xiao, investment manager at Fosun. “RobotPlusPlus’ mission is to empower humans with robots while helping increase operational safety and productivity. We’re excited to support RobotPlusPlus in leveraging AI and RaaS to optimize aerial work environments and enable robotic applications.”

About RobotPlusPlus: 

Headquartered in Beijing, RobotPlusPlus is a technology company that builds aerial work robots. It provides cost-effective and environmentally friendly robotic solutions while guaranteeing a safer workplace.

RobotPlusPlus Press Contact:
Vivien Hao
vivien.hao@robotplusplus.cn

Related links
http://en.robotplusplus.com/

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THE MEETING OF FOREIGN MINISTERS OF THE COUNCIL OF EUROPE WAS HELD IN THE REGGIA DI VENARIA (PALACE OF VENARIA) IN TURIN

The meeting was in the Reggia di Venaria (Palace of Venaria). An architectural and landscape masterpiece of Piedmont, it is among the most visited museums in Italy, after the completion of the 8-year restoration work promoted by the European Union and overseen by the Ministry of Culture and the Piedmont Region.

TURIN, Italy, May 23, 2022 (GLOBE NEWSWIRE) — Città di Torino, Regione Piemonte e Visitpiemonte: Turin and Piedmont continue to play a leading role in major international events, and it is highly symbolic that this region and cradle of cultural heritage was chosen to adopt a Recommendation of the Committee of Ministers to member States on the role of culture, cultural heritage and landscape in helping to address global challenges. On May 19 and 20, the city hosted the meeting of Foreign Ministers from the 46 member states of the Council of Europe. The event was an opportunity to recall the long diplomatic tradition of Turin and Piedmont, which has ascended to a significant international role since the 1800s. Italy’s first capital city, Turin, is a Baroque jewel on the banks of the Po River with a two-thousand-year history. A UNESCO Creative City for Design, with more than 50 museums and symbols of the Made in Italy renown in the world, such as vermouth and the famous Gianduja chocolate, Turin is a metropolis of sparkling vitality, futuristic ingenuity, and culture of international calibre, ranging from music to contemporary art.

The Foreign Ministers of Council of Europe member states visited some historical buildings of Turin: the National Museum of Risorgimento Italiano (the Unification of Italy); the first Chamber of Deputies of the Subalpine Parliament of 1848, where the process of building the Italian state started; the Palazzo Madama which, in itself, sums up the whole history of the city of Turin: once a Roman gate, in the Middle Ages it was transformed into a fortress and then into the castle of the princes of Acaja. Since 1934 the palace has housed the Civic Museum’s collections of ancient art, with more than 60,000 works of painting, sculpture, and decorative arts spanning from the Byzantine period to the nineteenth century.

The meeting was in the Reggia di Venaria (Palace of Venaria). An architectural and landscape masterpiece of Piedmont, it is among the most visited museums in Italy, after the completion of the 8-year restoration work promoted by the European Union and overseen by the Ministry of Culture and the Piedmont Region.

The Reggia is part of the Royal Savoy Residences of Piedmont circuit, a UNESCO World Heritage Site. The palace was designed by the greatest architects of the Baroque era. Today, it offers a vast tour itinerary that includes the enchanting Diana Hall, the solemn Great Gallery, the Chapel of St. Hubert, the immense complex of the Juvarra Stables, temporary exhibition areas, and remarkable contemporary artworks. The palace also opens onto the splendid Royal Gardens, which won the title of ‘Italy’s Most Beautiful Park’ in 2019. For more info on tourism in Piedmont: visitpiemonte.info and turismotorino.org

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d8017221-89ac-44f7-8e94-4644f48f83f6

The CT45x showcases the advantages of TMR sensors to rethink and simplify solutions in the high precision, high current application space

MILPITAS, Calif., May 23, 2022 (GLOBE NEWSWIRE) — Crocus Technology Inc., the leading supplier of disruptive TMR (Tunnel Magneto-Resistance) XtremeSense® sensors, today announced the CT45x family of contactless isolated current sensors to enable high precision and high current measurements in a more simplified solution. Unlike existing solutions, the CT45x allows manufacturers to eliminate costly shields, concentrators or cores. The CT452 and CT453 offers contactless 0.7% accuracy, 1 MHz bandwidth, and better than -50 dB immunity to external magnetic fields without additional mechanical components. This combination of performance and accuracy enables customers to reduce their overall product size and weight which enables them to replace large and costly current sense modules with a small and simple solution.

As current requirements have been increasing so have the challenges of accurately measuring high currents, typically >200 A and often up to 2,000 A. Shunt resistors with isolated amplifiers are broadly used but present an issue with I²R losses and tend to be large and costly. Existing magnetic based solutions like Hall Effect and AMR are less accurate and have high temperature drift. The CT45x products are based on XtremeSense TMR technology that delivers the future with a high signal-to-noise ratio (SNR) contactless approach which can scale with the system requirements, high bandwidth and fast response time, common-model field rejection, combined with high accuracy measurements over temperature.

In addition, many applications now require very accurate current measurements in the milliamp range up to the 1,000 A range or more. Often this type of solution involves multiple current sensors to achieve the desired system performance with many design compromises and complexities. Using Crocus’ XtremeSense TMR current sensors allows for a no-compromise and simple solution using a single CT45x sensor which provides a large dynamic range and a high SNR. For example, the CT45x is able to measure down to 500 mA resolution and up to 1,800 A while maintaining better than 0.7% accuracy.

The CT45x offers groundbreaking noise performance, as low as 0.55 mV_RMS, to enable applications to sense small current levels and small changes or variations in current through a busbar. This performance is almost 10 times better than existing Hall Effect solutions. This results in a SNR (signal-to-noise ratio) as high as 77 dB for the CT45x measurement which allows the system to process higher resolution data with higher accuracy.

“With the introduction of the CT45x family of contactless current sense products, we now have a complete portfolio of products for our customers from small currents to larger currents,” states Zack Deiri, President and CEO of Crocus Technology. “This product based on Crocus’ cutting-edge TMR technology is the most exciting for us as the benefits of our XtremeSense TMR are addressing the needs of higher current applications that can’t be met with existing solutions without compromises. Crocus is excited to be addressing new high current markets such as BMS, Inverters, DC/DC Converter and many others.”

Product features and performance:

CT450 & CT452 (5 V version) & CT453 (3.3 V version)

Isolated Contactless Current Sensor

Capable of measuring currents from 5 mA to >2,000 A

Total output error ±0.7% Full-Scale

300 ns response time, 1 MHz bandwidth

Available in six different configured field ranges

Protection capability with Over Field Detection (OFD)

Integrated Common Mode Field Rejection (CMFR) with >90% immunity (CT452/3)

Uniform magnetic field sensing (CT450)

Targeting applications in EV Chargers, Battery Management Systems (BMS), DC/DC Converters, 48-V system, Bidirectional Charging and AC/DC Inverters.

The CT450 is available in TSSOP-8 package. The CT452/3 are available in TSSOP-16 package For more information, please visit the product webpage:

CT450 https://crocus-technology.com/products/ct450/

CT452 https://crocus-technology.com/products/ct452/

CT453 https://crocus-technology.com/products/ct453/

About Crocus Technology

Crocus Technology develops and manufactures state-of-the-art magnetic sensors based on its patented XtremeSense® TMR sensor technology. Crocus’ disruptive magnetic sensor technology enables the highest sensitivity, the lowest power consumption and smallest size over a wide temperature range. Crocus is headquartered in Milpitas, California. For more information, please visit http://www.crocus-technology.com.

For more information, please contact:

Crocus Technology
Email: info@crocus-technology.com