Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace News this week…
Ericsson and National Science Foundation’s AERPAW Collaborate on 5G Drone Research. In order to advance the use of 5G for drone operations in support of smart agriculture, Ericsson and the Aerial Experimentation and Research Platform for Advanced Wireless (AERPAW), financed by the National Science Foundation and a group of industrial partners, have established a partnership.
The Platforms for Advanced Wireless Research (PAWR) team’s AERPAW team used a modified drone equipped with a linked camera and on-board computing power to watch a pasture of cattle and gather data on grazing habits as part of a demonstration at North Carolina State University. A 5G link made possible by an Ericsson base station and Ericsson Cloud Packet Core network was used to broadcast video from the far area.
In Agritech News this week…
Thrive Agritech Launches 840W Pinnacle HP LED Grow Light. The new 840W Pinnacle HP LED grow light has been released onto the market, according to Thrive Agritech, Inc., a technological business and pioneer in LED horticulture lighting.
The 600W Pinnacle light from Thrive Agritech, which has been deployed by top multi-state operators across North America, served as the foundation for the 840W Pinnacle HP light. The 840W Pinnacle HP light’s main advantage is that it produces even higher intensities on the canopy while using fewer lights. Cannabis producers indoors can easily attain 1,500–2,000 PPFD, while farmers in greenhouses can accomplish their supplemental lighting objectives with fewer lights and less shadowing.
In Automotive News this week…
VOLTERRA Motors Announces Upcoming Fully Electric Powersports Vehicle Line-Up. ATVs, junior dirt bikes, and crossover vehicles will all be part of the 2023 product lineup from US-based all-electric powersports vehicle manufacturer VOLTERRA Motors.
The goal of VOLTERRA, a recent spinoff from UM Motorcycles, is to restore the joy of riding by replacing existing noisy, polluting gasoline cars with powerful, responsive electric powertrains that outperform internal combustion engine vehicles in torque, acceleration, and overall performance. In terms of ride quality and technology, VOLTERRA will provide consumers with vehicles that outperform their gasoline-powered equivalents without compromising on range and convenience. The VAT Sport and Utility Youth ATVs, the VTF youth dirt bike series, and the VUT crossover vehicle are all part of this new range and VOLTERRA’s debut, and they are scheduled to be on sale in 2023 and 2024, respectively.
In BFSI sector news this week…
Deluxe Partners with U.K. Department for International Trade on Fintech Mission to Promote Collaboration and Innovation. In collaboration with the Department for International Trade (DIT), a department of the UK government, Deluxe, a Trusted Payments and Business Technology business, welcomed a delegation of 10 British Fintech companies last week. The alliance aims to develop relations between Atlanta and the U.K. as major regional and international Fintech markets and to foster transatlantic collaboration and innovation in financial and commercial services.
In Biotechnology news this week…
AnBogen Therapeutics Receives Approval from U.S. FDA for Phase Ib/II Protocol Amendment for ABT-101. ABT-101, an orally administered, irreversible, mutant selective tyrosine kinase inhibitor targeting oncogenic mutations of HER2 Exon20 insertion expressed in non-small cell lung cancer, has received FDA approval for its phase Ib/II trial, according to AnBogen Therapeutics, a clinical-stage biotech company that develops precision oncology therapies to improve the lives of patients (NSCLC).
In Chemicals sector news this week…
IMCD Japan extends its footprint in industrial applications with the acquisition of Kuni Chemical. Leading distributor of specialty chemicals and components IMCD N.V stated that IMCD Japan had purchased all of Kuni Chemical Co., Ltd.’s (referred to as “Kuni Chemical”) shares. Kuni Chemical has specialised in industrial applications since its founding in 1997, including coatings, construction, automotive, and packaging materials. The Osaka-based business had 28 employees in 2021 and generated sales of about JPY 2,500 million (about EUR 18 million).
In Energy & Power news this week…
Kress reinvents professional outdoor power equipment with revolutionary battery innovation. With the launch of the first truly game-changing innovation in battery-powered equipment in the industry, Kress is driving the switch away from gas-powered commercial lawn equipment for professional operations. Commercial landscape contractors and facilities managers in the industrial channel have been forced to accept high-emission, gas-powered equipment as the only affordable option that gives them the performance and runtime necessary to finish a full day’s worth of work, despite a growing awareness of environmental issues.
Due to the high cost of replacing dead battery packs after only a few months of daily recharging, the need for several battery packs, the inconvenience of overnight charging, and the difficulty of purchasing new battery packs, battery-powered technology has simply not been a practical solution.
In Food & Beverage news this week…
Food Forest Abundance Announces New Way to Grow Food for Entire Communities. With operations in 35 states and 12 countries, Food Forest Abundance recently unveiled the launch of their new Freedom Farm Academies. This occurs as the UN issues an urgent, global food crisis alert. It’s a very significant problem, said World Food Program Executive Director David Beasley in an August 22 interview with PBS. And the world is currently experiencing an unparalleled food crisis.
In Healthcare news this week…
Replica Analytics publishes comprehensive Cardinal Methodology for measuring and managing identity disclosure risks of datasets. Replica Analytics, an Aetion firm, has just released a new book that offers a comprehensive and modern risk assessment technique for precisely evaluating and successfully managing the risks connected with exchanging health data for secondary reasons.
Organizations must use data to innovate and advance healthcare, but doing so while protecting privacy and abiding by data protection rules can be difficult. A recent book called The Cardinal Methodology for Evaluating Identity Disclosure Risk for Non-Public Data puts together a number of rigorously investigated, tried-and-true techniques for calculating the identifiability of clinical trial and real-world data.
In IT news this week…
UrVenue Accelerates PMS Connectivity with Hapi Integrations Platform. UrVenue, a distinctive non-room inventory booking engine and operations platform for hotels, has announced an integration with Hapi, the hospitality industry’s leading platform for quick and economical connectivity between technological systems. By writing to a single Hapi API, UrVenue is able to push and pull data from the main property management systems in the sector.
As more consumers look to book all parts of their travel experience online, hotel operators are introducing creative ways to sell assets beyond the room. Leveraging Hapi’s ability to connect UrVenue’s PXMS with PMS systems, hotels will have unified booking and itinerary building capabilities.