BGC (SET:BGC) Begins Trading on the Stock Exchange of Thailand
 
JCN Newswire
Oct 19, 2018
Category:

- Highlighting Potential as Thailand's Largest Packaging Manufacturers
- Ready to be the Leader in ASEAN

BANGKOK - (ACN Newswire) - BG Container Glass PCL (BGC) floats its shares today on the Securities Exchange of Thailand for its first trading session (18 Oct). The company's vision is to be the leading manufacturer and distributor of glass containers and quality packaging products in ASEAN while preparing to expand its market in Thailand and abroad. Its vision is backed by its new factory in Ratchaburi, which will be ready to begin commercial operations in November and is expected to increase production by 400 tons per day, raising the total production to 3,495 tons per day.

Mr. Silparat Watthanakasetr, Managing Director of BGC, said, "As Thailand's major producer, distributor, exporter and importer of glass containers, we are confident that investors will respond positively to this initial public offering (IPO). BGC has the vision to become the leading manufacturer and distributor of quality glass containers and packaging in ASEAN. It plans to expand sales throughout Thailand and exports to ASEAN countries such as Laos, Myanmar, and Vietnam as well as countries in other regions such as Switzerland, Spain and Australia."

Currently, BGC is the producer and distributor of glass packaging products with the largest production capacity in Thailand. Its new glass container plant and furnace in Ratchaburi will begin commercial operations in November 2018, which will increase production by 400 tons per day, boosting the total production to 3,495 tons per day. The new glass furnace has been designed to operate effectively at full capacity, and an online quality control system has been installed. Moreover, the new plant in Ratchaburi will be able to accommodate an additional furnace in the future in response to increasing consumer demands.

Meanwhile, the company's performance during the first six months (January-June 2018) has yielded a net profit of 270.1 million baht, an increase of 122 percent over the same period last year with a net profit of 121.7 million baht. This is due to a decline in production costs after completing the company's closed down Rayong production plant.

"BGC aims to be the leader in the production and distribution of high-quality glass packaging products across the ASEAN region. The new Ratchaburi facility will help fulfill the company's strategic operations in the future because the plant is situated at a strategic location as well as having a flexible production process that will allow the company to expand its client base and serve new markets," said Mr. Silparat.

Mr. Pongsak Phrukpaisal, deputy managing director of Kasikorn Securities Pcl., as financial advisor and lead underwriter of the company, says BGC is a company with a strong business foundation and has good potential for growth. As the manufacturer and distributor of glass packaging products with the largest production capacity in Thailand, BGC is in an advantageous position as it is able to keep the production cost per unit at a competitive level. Furthermore, the company has plants in several provinces, which enhances capital management, logistics and access to raw materials.

"BGC's glass packaging materials are widely used and such usage is expected to be increasing as we go forward because their products are environmentally friendly and 100% recyclable. As well, the glass packaging industry has only a few major producers and this is a business that requires high investment capital which poses obstacles to new entrants," Mr Pongsak says.

Distributed for BG Container Glass PCL
by MT Multimedia Co., Ltd.
(Fah) Ornanong Pattaravejkul
Tel: +66 2612 2081 ext. 129 or +66 8 6801 8888
E-mail: ornanong.p@mtmultimedia.com

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Company JCN Newswire
Contact Tiara Liu
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AppsFlyer Surpasses $100 Million in Annual Recurring Revenue
 
JCN Newswire
Oct 17, 2018
Category:

Leading Attribution Company Reaches New Milestones Amid Evolving Mobile Marketing Landscape

(ACN Newswire) - AppsFlyer, the global leader in mobile attribution and marketing analytics, announced today that it surpassed $100 million in Annual Recurring Revenue (ARR) in the third quarter of 2018, growing at 100% every 12 months. Driving the company's revenue growth are the 85,000 apps whose marketers use AppsFlyer's products and services, propelling the company to over 70% market share worldwide.

"As a customer-obsessed company, our mission is to empower clients to achieve their goals by building best-in-class technology and products," said Oren Kaniel, CEO and co-founder of AppsFlyer. "We are excited to offer a product that is the primary working tool for mobile marketers. As more businesses continue recognizing that an attribution platform is a mission-critical tool, I'm humbled that more top brands, agencies and developers than ever trust AppsFlyer to help them make better marketing decisions, protect their ad spend from fraud, and fuel their own data-driven marketing innovations."

The company's revenue figures follow a string of recent plaudits for the company and considerable growth across key benchmarks. In the past year, AppsFlyer has continued to form partnerships with many prominent brands, including eBay, NBCUniversal, Adidas, Hyundai, Coca Cola, Times Internet, Grab and ByteDance. AppsFlyer's technology is now found on nearly 7 billion mobile devices, up from 4.5 billion devices at the same time last year. During Q3 2018, AppsFlyer's media spend measured increased to $17 billion annually, an 89 percent jump from $9 billion last year. At the same time, AppsFlyer's continued innovation of anti-fraud solutions resulted in significantly higher savings for marketing departments using AppsFlyer's technology - blocking an estimated $6.5 million a day of ad fraud.

"Thanks to our extensive investment in the AppsFlyer product and service, I'm proud that 70% of the market selected AppsFlyer," said Kaniel. "We like to believe that our superior reliability, pace of innovation, service -- and the AppsFlyer experience as a whole played a major role in the selection process. There are no shortcuts here. Hard work leads to consistent results, which manifests in achieving this milestone. Measurement is a crucial component of any budgetary decision, and companies are taking the time to select the best product that suits their needs. Inaccurate data and fraud cause companies to face serious challenges with their media spend -- costing them millions of dollars without necessarily being aware of the damage it's causing until it's too late. Our scale and market share allow us to provide unique offerings -- such as unparalleled attribution accuracy and fraud prevention -- by leveraging the trillion-plus mobile events we measure every month.".

Goldman Sachs identified Kaniel as one of the "100 Most Intriguing Entrepreneurs" of 2018, and AppsFlyer was named the Hottest Marketing Technology Startup of 2018 at the Europas. The number of employees at the company has doubled from 230 last year to 465, in 15 offices around the world.

About AppsFlyer

AppsFlyer's technology is found on 98 percent of the world's smartphones, making it the global leader in mobile attribution and marketing analytics. Data-driven marketers rely on AppsFlyer for independent measurement solutions and innovative tools to grow and protect their mobile business. AppsFlyer's platform processes billions of mobile actions every day, empowering app marketers and developers to maximize the return on their marketing investments. AppsFlyer's NativeTrack(TM) Attribution, Marketing Analytics Data, OneLink's Deep linking capabilities and the Active Fraud Suite featuring DeviceRank have made AppsFlyer's platform the go-to resource for the most successful mobile apps in the world. With Facebook, Google, Twitter, Pinterest, Snap Inc., Tencent and 4,000+ other integrated partners, and clients including HBO, Playtika, Waze, Alibaba, Kayak, Activision and 12,000+ leading brands worldwide, AppsFlyer has 15 global offices to support marketers everywhere. To learn more, visit www.appsflyer.com.

Media Contact:
Jill Burkes
jill@headline.media
+1 917 722 5054

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SolarEdge to Acquire Kokam, a Provider of Li-ion Cells, Batteries, and Energy Storage Solutions
 
Oct 12, 2018
Category:

FREMONT, Calif. & SEOUL, Korea--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ:SEDG), a global leader in smart energy technology, announced today that it has entered into definitive agreements to acquire a major stake in Kokam Co., Ltd. Headquartered in South Korea, Kokam is a provider of Lithium-ion battery cells, batteries and energy storage solutions.

Founded in 1989, Kokam has been manufacturing Lithium-ion cells and providing reliable, safe, high-performance battery solutions for the past twenty-nine years. Kokam provides battery solutions for a wide-variety of industries, including ESS (energy storage systems), UPS, electric vehicles (EV), aerospace, marine and more.

“The acquisition of Kokam will enable us to grow our offering, adding already proven battery storage to our product portfolio,” said Guy Sella, CEO, Chairman and Founder of SolarEdge. “Our technological innovation combined with Kokam’s world-class team and renowned battery storage solutions, will enable seamless integration with our current solutions, taking us a further step toward making solar installations smarter and more beneficial.”

The acquisition of approximately 75% of outstanding equity shares of Kokam reflects an aggregate investment of approximately $88 million, including related transaction expenses. The transaction is subject to customary closing conditions and is expected to close in the coming weeks. Over time, the Company intends to purchase the remaining outstanding equity shares of Kokam that are currently listed on the Korean over the counter exchange through open-market purchases and otherwise, eventually resulting in Kokam becoming a wholly-owned subsidiary of SolarEdge.

About SolarEdge Technologies

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, UPS, and grid services solutions. SolarEdge is online at solaredge.com

About Kokam Co., Ltd.

With a globally acknowledged and proprietary manufacturing technology, Kokam Co., Ltd has provides a wide range of lithium ion battery solutions to customers in over 50 countries and many different industries, including the Electric Vehicle (EV), Energy Storage System (ESS), aerospace, marine, and industrial markets. With over 60 battery-related patents and a total of 708-megawatt hours of field performance, Kokam is a proven leader in providing innovative battery solutions. For more information, please visit www.kokam.com.

Contacts
Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, +1 510-498-3263
Chief Financial Officer
investors@solaredge.com
or
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 617-542-6180
investors@solaredge.com

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EDOM Establishes New Branch Office in South Korea
 
Oct 12, 2018
Category:

TAIPEI, Taiwan--(BUSINESS WIRE)--EDOM Technology (TSE: 3048), Asia’s best distribution and solutions provider, announces the opening of new branch office in Gangnam, South Korea to better support the needs of OEMs and ODMs in Asia. South Korea is a major electronics center where many of the world’s most recognized brands design and manufacture their consumer and industrial products. These same companies also have manufacturing facilities outside of Korea and require the type of Asia-wide distribution support services that EDOM is ideally suited to provide. With a comprehensive technology vendor portfolio and solution-based support capabilities, EDOM provides near one-stop-shopping across many industries and markets including communications, Internet of Things (IoT), data center markets, robotics, medical/industrial, and automotive. With a comprehensive understanding of its customer’s needs today and a drive to secure business in emerging technologies and applications, EDOM will provide excellent services to the Korean ODMs and OEMs looking for their next distribution partner. EDOM has helped many companies expand and scale their business to meet their growing demand.

"EDOM has always been focused on bringing the best service and solutions to our customers. As the world continues to globalize, electronics distributors must be able to coordinate and deliver resources across the region. Opening a new branch in Gangnam, South Korea is a natural extension of our long-term strategy.” said Gilbert Kwak, Branch General Manager at EDOM Korea. "This new branch will enable new opportunities, and build stronger connections among our vendors, customers and partners."

ABOUT EDOM TECHNOLOGY:

More than Distribution, EDOM is Your Best Solutions Partner

Founded in July 1996 and headquartered in Taipei, EDOM Technology is Asia’s best distribution and solutions provider. With subsidiaries in China, Singapore, Thailand, Vietnam, India, Malaysia and now South Korea, EDOM provides best-in-class distribution and solutions-based services to vendors, ODMs and OEMs around Asia and the world. EDOM has years of experience serving established markets and anticipating the requirements for leading edge products and applications, including portable and wearable devices, wireline and wireless communications, IoT, automotive, robotics, medical, industrial control, computers and many other applications. With deep technical experience in opto-electronics, digital, analog and mixed-signal applications, and excellent logistics and operation, EDOM bridges the gap between vendors, customers and partners to provide a full range of services and solutions. For more information: www.edom.com.tw.

Contacts
Serene Huang
EDOM TECHNOLOGY
TEL: +886(2)2657-8811 ext. 5403
EMAIL: IR@edom.com.tw

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Neural Technologies releases the Optimus Ecosystem, a leap forward in digital transformation
 
Oct 09, 2018
Category:

SINGAPORE. 9 October 2018 --( ASIA TODAY )-- Neural Technologies today announces the launch of the Optimus Ecosystem, an integrated compilation of solutions spread across the areas of Revenue Management, Digital Integration and Advanced Automation & Analytics that is able to address effectively the challenges associated with digitizing business processes across the enterprise. Optimus Ecosystem is the answer to a successful digital transformation journey.

The Optimus Ecosystem is powered by Optimus – an all-in-one highly configurable Event Data Lake Platform with built-in end-to-end dynamic orchestration. Optimus ultimately delivers on the promise of the enterprise’s digital transformation strategic goals by eliminating the risks of digitizing end-to-end business processes combined with an overall lower investment.

David Toms, CEO at Neural Technologies commented: “Optimus represents a way of effectively replacing numerous separate product investments that require to be integrated with one single pre-integrated product.

“With Optimus we have removed some of the biggest challenges that contribute to digital transformation failures by reducing the risk and time-to-market with a lower overall investment.

“The challenge of combining often complex aspects of Digital Integration, Advanced Automation & Analytics and Revenue Management, as well as effectively tracking these, remains tough for many enterprises. Optimus, by combining and pre-integrating these components, answers this challenge, allowing our customers to save time and money.

“Under one investment, Optimus combines myriad elements of the business and makes sure they work together.”

Offering exceptionally high levels of scalability which allows the enterprises to digitize and integrate increasing data volumes, Optimus also has built in big data capability and powers its own Event Data Lake, which has the capability to manage and store infinitely scalable volumes of Event Data, whilst effectively collecting and distributing Event Data in any acquired or distributed format or protocol.

VP of Engineering at Neural Technologies, Bernd Niedergesäß, said: “We are confident that Optimus is the perfect choice to support all of your Big Data Analytics (BDA) requirements. This is evident from our choice of cost-effective technology for our Event Data Lake (EDL) and our more than 25 years of expertise in dealing with large amounts of Event Data from Communication Service Providers. We have selected Apache Kudu as our preferred data storage technology for our Analytics Data Model (ADM), which offers more than 60 use-cases and 800+ KPIs in a predefined TMF SID compliant model."

Neural Technologies will be showcasing the Optimus Ecosystem and the capabilities of Optimus at Big Data World, taking place in Singapore on October 10. Neural Technologies can be found at stand Q20.

For more information about Neural Technologies, visit www.neuralt.com or email info@neuralt.com

ENDS

About Neural Technologies
Neural Technologies brings Accord and Insight to an open digital world. Optimus, from Neural Technologies, can assist the enterprise in successfully digitising its various business processes in the areas of Revenue Management, Digital Integration, Advanced Automation & Analytics. Ultimately assisting enterprises in successfully completing their digital transformation journey and thereby propelling us all towards an open digital world. Neural Technologies has a global presence with customers in 45 countries worldwide. Founded in 1990, the company has built an international reputation for providing quality solutions to increase the bottom-line for its customers around the globe.

Press contact
Mike Shields
Proactive PR
+44 (0) 1636 704888
mike.shields@proactive-pr.com

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Sydney Water Chooses Veolia Hydrotech™ Drumfilter Technology
 
Oct 07, 2018
Category:

Sydney, October 5, 2018 --( ASIA TODAY )-- Veolia Water Technologies Australia is pleased to announce the award of a contract for the design, supply, and commissioning of 20 Hydrotech™ Drumfilters for mechanical primary treatment at two of Sydney Water’s treatment plants — St Mary’s Water Recycling Plant and Quakers Hill Water Recycling Plant — in New South Wales. The upgrade is part of Sydney Water’s Lower South Creek Treatment Program.

With a move towards energy recovery and energy efficiency in wastewater plant design around the world, the first step of primary separation has become very important for two reasons — a higher TSS removal in the primary step reduces the load on the secondary treatment process (reducing power requirements and operating costs) and increased amounts of primary sludge entering the downstream sludge treatment or biogas recovery stages (such as digestion and/or thermal hydrolysis) will increase energy recovery.

This project continues the excellent experience Veolia has gained over the last 10 years in utilising Hydrotech™ Drumfilters for primary separation. The small footprint technology allows excellent TSS removal (up to 80% for this project depending on influent wastewater quality) combined with the ability to cope with highly fluctuating flows in terms of both quality and capacity. The high-quality stainless steel Hydrotech™ Filters combined with innovative robust PE filter panels guarantees an efficient, low maintenance, robust, and flexible primary separation step.

Sydney Water is Australia’s largest water and wastewater service provider. Every day, they supply water, wastewater, recycled water, and some stormwater services to more than five million people in Sydney, the Illawarra and the Blue Mountains regions.

###

About Veolia

Veolia group is the global leader in optimized resource management. With nearly 169,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2017, the Veolia group supplied 96 million people with drinking water and 62 million people with wastewater service, produced nearly 55 million megawatt hours of energy and converted 47 million metric tons of waste into new materials and energy. Veolia Environment (listed on Paris Euronext: VIE) recorded consolidated revenue of €25.12 billion in 2017. www.veolia.com

For media enquiries on Veolia, please contact:

Ms Gena Ang
Senior Account Executive
Red Bug Communications
+65 6222 7376
gena@redbugpr.com

Ms Lainee Wong
Marketing & Communications Director – Asia Pacific
Veolia Water Technologies
+603 2264 1818
lainee.wong@veolia.com

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AM Alpha Enters Portugal with Office Acquisition
 
Oct 04, 2018
Category:

• Latest acquisition for AM alpha’s real estate investment fund for institutional and private investors
• Successful investment in Lisbon’s CBD
• Southern Europe remains in the focus for further acquisitions

Munich, 04th October 2018 --( ASIA TODAY )-- AM alpha, a Munich based Real Estate Family Office servicing private and institutional clients, is pleased to announce that it has successfully completed the acquisition of an office building in the CBD of Lisbon, Portugal.

The building is situated in the heart of the city center of Lisbon halfway down Rua Castilho and just behind the main Marquês de Pombal Square. This prestigious area belongs to the prime CBD office market (known as Zone 1) and enjoys a good mix of office space, some of the city’s best hotels, restaurants, high street retail and luxury residential use. Rua Castilho is immediately parallel to Avenida da Liberdade, the capital’s main high street pitch which houses most of the luxury brands present in Portugal.

The property, also known as Edificio Mapfre, was built in the nineties and has since been the Portuguese headquarters of the Spanish insurance group Mapfre. It comprises approx. 3,500 sq. m of office area over nine floors and features a large garden terrace as well as approx. 70 parking units in its 2-storey underground car park. AM alpha purchased the property with a very short WALT and will subsequently seek to reposition the asset.
The acquisition is AM alpha’s first in Portugal and is in line with its strategy to acquire core and value-add properties located in the main European cities. AM alpha will continue to seek investments with repositioning opportunities all over Europe and Asia Pacific. Martin Lemke, Managing Director at AM alpha commented: "Our recent successful investment in Portugal illustrates AM alpha’s ability to execute quickly if opportunities emerge. We are very happy with this transaction that perfectly fits our strategy to identify investment opportunities with the potential of delivering enhanced returns for our investors. Within Europe, the Iberian region will continue to be a main focus for us and we will actively seek value-oriented investments across all sectors.”

AM alpha was advised by RPE and RRP Advogados. The seller was advised by JLL.

AM alpha is a Munich based privately owned real estate family office that focuses on global investments in prime real estate on its own account and on behalf of family offices, private clients and endowments in Europe and Asia. Its Asian operations are headquartered in Singapore, with offices in the gateway cities in the Asia Pacific region. AM alpha has also received all necessary licenses from German regulator BaFin acting as a German regulated capital management company (Kapitalverwaltungsgesellschaft – KVG) and Alternative Investment Fund Manager (AIFM). The real estate firm is currently managing a substantial Asia Pacific and European portfolio.

- End -

ISSUED BY AM alpha Kapitalverwaltungsgesellschaft mbH

AM alpha Kapitalverwaltungsgesellschaft mbH
Sendlinger Strasse 7 | 80331 Munich | Germany
Tel: (+49) 89 550 6989 89, Fax: (+49) 89 550 6989 99
Martin Lemke, m.lemke@am-alpha.com

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Hyperloop Transportation Technologies Reveals Full-Scale Passenger Capsule
 
Oct 02, 2018
Category:

The world’s first full-scale passenger Hyperloop capsule, built in Spain by Airtificial, gets ready to head to Toulouse R&D facility for optimization

Playa Vista, Calif. (October 2, 2018) --( ASIA TODAY )-- Hyperloop Transportation Technologies (HyperloopTT, HTT) provided a first look of their full-scale passenger Hyperloop capsule today at an unveiling ceremony in Puerto de Santa Maria, Spain. The event was also held to commemorate the five-year anniversary of the founding of HyperloopTT and showcased the company’s progress since it was established as the first Hyperloop company in the world.

The capsule, “Quintero One” is constructed almost completely out of HyperloopTT’s VibraniumTM, a specially made dual-layer smart composite material. It was built at the Southern Spain aerospace facilities of HyperloopTT’s partner Airtificial, a new company formed by the merger of composite expert Carbures and engineering company Inypsa that manufactures for many leading companies including Airbus and Boeing. The design for the capsule was created in collaboration with world renowned transport design consultancy PriestmanGoode and won the Gold award at the 2017 London Design Awards

“Quintero One” Hyperloop Passenger Capsule Specifications:

Length: 32 meters (105 feet)
Inner cabin length: 15 meters (50 feet)
Weight: 5,000 kilograms (5 tons)
Other components include:
• 21,000 skilled engineering hours
• 5,000 skilled assembly hours
• 82 carbon fiber panels
• 72 sensors
• 75,000 rivets
• 7,200 square meters of fiber (1.8 acres)

The capsule will be delivered to HyperloopTT’s research and development center in Toulouse, France for additional assembly and integration into the system, before it is used on one of the first commercial tracks.

“Working together with engineers from HyperloopTT, we are proud to be pushing the envelope of smart materials in transportation and manufacturing,” said Airtificial Co-Founder and Chairman, Rafael Contreras. “Today we have unveiled a new type of transportation vessel built with an industry high percentage of composite, which makes the Hyperloop capsule perhaps the safest transportation vehicle in the world.”

“The creation of this capsule represents over a year long journey of the best expertise in design, engineering, and the development of cutting edge materials,” said Dirk Ahlborn HyperloopTT co-founder and CEO. “In just five years we have solved and improved upon all of the technology needed for Hyperloop with our new levitation system, vacuum pumps, batteries, and smart composites. This capsule will be a part of one of the most efficient transportation systems ever made.”

“In 2019, this capsule will be fully optimized and ready for passengers,” said Bibop Gresta, chairman and co-founder of HyperloopTT. “Since we have taken major steps in solving government regulations with our safety certification guidelines and insurance frameworks, we are now closer than ever to bringing Hyperloop to the world.”

Recently, HyperloopTT became the world’s first company to be able to offer an insured commercial system. In collaboration with Munich Re, the world’s largest reinsurance company along with global certification and inspection company TÜV SÜD, governments and partners, HyperloopTT is creating the first regulatory guidelines and creating the necessary legal framework for Hyperloop systems around the world.

About HyperloopTT
Hyperloop Transportation Technologies (HyperloopTT) is an innovative transportation and technology company focused on realizing the Hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. Through the use of unique, patented technology and an advanced business model of lean collaboration, open innovation and integrated partnership, HyperloopTT is creating and licensing technologies.

Founded in 2013, HyperloopTT is a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in Los Angeles, CA, HyperloopTT has offices in Abu Dhabi and Dubai, UAE; Bratislava, Slovakia; Toulouse, France; Contagem, Brazil; and Barcelona, Spain. HyperloopTT has signed agreements in the United States, UAE, Brazil, France, India, China, Korea, Indonesia, Slovakia, Czech Republic, and Ukraine.

HyperloopTT is led by co-founders Dirk Ahlborn (CEO) and Bibop G. Gresta (Chairman) and a senior management team of experienced entrepreneurs and professionals. For more information or media inquiries, contact press@hyperloop.global or visit http://hyperloop.global/.

About Airtificial
Airtificial is a new Spanish technological company specialized in applying artificial intelligence, through collaborative robotics and sensorial structures, and specialized engineering within the civil works, aerospace and automotive industries. With a 4.0 Industry DNA and a great growth potential, the company has a proven know-how and operates globally. For more information about the new company please visit: http://www.carbures.com/

About PriestmanGoode
PriestmanGoode is the world's leading transport design consultancy. Based in London and China, the studio works on a vast range of projects across rail and aviation, developing designs for high speed trains, metros, airlines and commercial spacecraft all over the world.

PriestmanGoode's work is centred around the user and about creating exceptional travel journeys for millions of passengers every year. www.priestmangoode.com

# # #

Ben Cooke
Director of Media Relations

+1(310) 720-1214
press@hyperloop.global
Los Angeles
hyperloop.global

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Singapore’s HES Unveils Plans for Regional Hydrogen-Electric Passenger Aircraft
 
Oct 02, 2018
Category:

SINGAPORE & PARIS--(BUSINESS WIRE)--After 12 years developing hydrogen propulsion systems for small unmanned aircraft, HES Energy Systems is today unveiling its plans for Element One, the world’s first regional hydrogen-electric passenger aircraft.

One century after the start of commercial aviation, HES is joining forces with a variety of partners to pioneer a new form of aerial mobility: quiet and zero carbon, personalized, on-demand, decentralized and economically inclusive of rural communities.

Designed as a zero-emissions aircraft, Element One merges HES’ ultra-light hydrogen fuel cell technologies with a distributed electric aircraft propulsion design. With virtually no change to its current drone-scale systems, HES’ distributed system allows for modularity and increased safety through multiple system redundancies.

Element One is designed to fly 4 passengers for 500 km to 5000 km depending on whether hydrogen is stored in gaseous or liquid form. This performance is several orders of magnitude better than any battery-electric aircraft attempt so far, opening new aerial routes between smaller towns and rural areas using an existing and dense network of small-scale airports and aerodromes.

Originally from Singapore, HES has been working with a number of fast-moving start-ups and SMEs in France over the past year and exploring various locations to execute its Element One vision, including Aerospace Valley, the global aviation R&D hub located in Toulouse. Its parent company H3 Dynamics has been a symbol of intensifying technological cooperation between the two countries as part of the 2018 Year of Innovation.

The promise of hydrogen-electric power could shape the future of aviation. “It’s now possible to break past the endurance limits of battery-electric flight using HES’ ultra-light hydrogen energy storage in a distributed propulsion arrangement,” says Taras Wankewycz, founder of HES. “Element One’s design paves the way for renewable hydrogen as a long-range fuel for electric aviation.”

Refueling Element One will take no more than 10 minutes using an automated nacelle swap system that applies AGVs and automated warehouse operations such as those used by Amazon and Alibaba.

Last week, HES announced its plans to begin associating on-site hydrogen generation with fuel cell powered unmanned aircraft across a network of hydrogen-ready airports, in preparation for larger-scale electric aircraft such as Element One. HES is now in discussion with industrial-scale hydrogen producers to explore energy-efficient refueling systems using renewable solar or wind energy produced locally.

In an effort to explore new business models that help position Element One into new travel segments, HES has aligned its zero-carbon aviation roadmap with Wingly, a French startup that offers flight sharing services for decentralized and regional air travel: “We analyzed the millions of destination searches made by the community of 200,000 pilots and passengers on our platform and confirm there is a tremendous need for inter-regional transport between secondary cities,” says Emeric de Waziers, CEO of Wingly. “By combining autonomous emission free aircraft such as Element One, digital community-based platforms like Wingly and the existing high density network of airfields, we can change the paradigm. France alone offers a network of more than 450 airfields but only 10% of these are connected by regular airlines. We will simply connect the remaining 90%.”

Targeting a first flying prototype before 2025, HES is in the process of building a technical and commercial consortium involving both the aviation and hydrogen eco-systems.

About HES Energy Systems (Singapore)

HES Energy Systems specializes in building high performance hydrogen fuel cell systems to extend the flying range of autonomous aerial vehicles. With a presence in Singapore since 2009, HES has grown to become a global leader in developing ultra-light fuel cells and hydrogen energy storage systems. Hired by tier-one UAV manufacturers and leading aerospace institutes around the world for over 12 years, HES has developed a variety of hydrogen storage approaches to continuously push the limits of on-board, off-grid or portable energy. HES’ parent company H3 Dynamics Holdings is backed by Japan’s SPARX representing Toyota Mirai Creation Fund, ACA Partners, and Capital Management Group.

Contacts
HES Energy Systems Pte. Ltd.
Bertrand Gauthier
Office: (+33) 6 63 00 50 64
Bertrand@hes.sg

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Watts Partners with Planet Water to Bring Clean Water to Those in Need in Cambodia
 
Oct 02, 2018
Category:

On October 1-2, Five Watts Employees will Build Two “AquaTowers” at schools in Siem Reap, Cambodia as part of Planet Water’s Project 1000 initiative

NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) – a leading global manufacturer of plumbing, heating, and water quality products and solutions – will fund and help install two water filtration systems to provide clean drinking water for children and families in need in Siem Reap Province, Cambodia.

Through its partnership with Planet Water Foundation, a U.S.-based non-profit organization that works to bring clean water access to the world’s most disadvantaged communities, five Watts employees will build “AquaTowers” as part of Planet Water’s “Project 1000” initiative. The AquaTowers remove harmful particles, bacteria and viruses, providing 1,000 people with 10,000 liters of clean water per unit daily.

“We are proud to once again join forces with Planet Water to bolster the clean drinking water supply in Cambodia,” said Robert J. Pagano, Jr., CEO and President of Watts. “It’s also very exciting to participate in Project 1000, which will mark 1 million people served globally by Planet Water and its partners.”

Watts employees based in China, Korea, and New Zealand will help install AquaTowers at the Chan Hea Primary School and Sakada Primary School, which are located in Cambodia’s Svay Leu District.

Planet Water recently announced its Project 1000 initiative as it counts down to building its 1,000th AquaTower since its inception in 2009. The 1,000th AquaTower will be built in early October in Siem Reap Province, Cambodia, the region where Planet Water deployed its very first projects.

Watts first joined forces with Planet Water in 2016. Since that time, the organizations have brought clean water to 11,000 people in Cambodia, China, Colombia, India, Indonesia, the Philippines, and Puerto Rico.

About Watts Water Technologies
Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for residential, commercial, and industrial applications. The company employs 4,800 people in more than 50 offices across 24 countries. For more information, visit www.wattswater.com.

About Planet Water Foundation
Planet Water Foundation is a non-profit organization focused on bringing clean water to the world’s most impoverished communities through the installation of community-based water filtration systems (AquaTowers) and the deployment of hygiene education programs. Planet Water Foundation projects are focused on children, schools, and rural/peri-urban communities across Asia and Latin America. Since 2009, Planet Water has deployed 1,000 projects that provide clean water access to one million people across 14 countries through strategic partnerships with organizations such as Xylem, JP Morgan, Coca-Cola, Columbia Sportswear, Expedia, Starbucks, and Watts Water Technologies, among others. For more information, visit us at www.planet-water.org.

Contacts
Watts Water Technologies
Andy Ravens, 978-689-6136
andrew.ravens@wattswater.com

- ASIA TODAY News Global Distribution http://www.AsiaToday.com