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7xm bd SOLON, Ohio , Dec. 3, 2024 /PRNewswire/ -- Eagle Electronics, a new leader in high-tech electronics and cellular module production, is proud to announce it has raised $14mm, led by the O.H.I.O. Fund with participation from Asymmetric Capital Partners, to establish cutting-edge manufacturing technology and operations in Solon, Ohio , in partnership with CO-AX Technology. This strategic initiative marks a significant milestone in the company's commitment to onshoring the advanced high-tech supply chain to the United States . "This is a major moment for Eagle and our vision of onshoring and securing America's critical technologies," said TJ Dembinski, Co-Founder & CEO of Eagle Electronics. "Our goal is to set a new standard for electronics manufacturing in the U.S., combining the most advanced automated manufacturing and testing technology with rigorous hardware and software cyber-security testing throughout the supply chain. This offering will allow Eagle to onshore critical knowledge and essential technologies, all while continuing to cement the United States' leadership in the chip industry." Eagle Electronics' new facility aims to be the most advanced electronics manufacturing plant in the United States , leveraging cutting-edge surface-mount technology manufacturing equipment. The Solon , Ohio manufacturing operation is also expected to create numerous jobs in Ohio , further establishing the state as a key player in the U.S. semiconductor industry. Ohio's Lieutenant Governor, Jon Husted , added, "Eagle is further proof that Ohio is becoming one of the world's leading semiconductor manufacturing hubs. With the addition of Eagle, we're bringing more jobs in this sector to Northeast Ohio , reinforcing our commitment to the 'Made in Ohio ' strategy." Eagle is already seeing demand for American-made cellular modules and has signed up several customers. Boston -based Cherish has contracted with Eagle to advance its goal of sourcing components for its health and safety monitoring products manufactured in the communities where its customers live. Sumit Nagpal , Cherish's Founder & CEO, said, "Our customers trust us to invite our products into their homes to monitor the health and safety of loved ones. Our work with Eagle helps deepen this trust with, in this case, cellular modules manufactured in the U.S.A. This is good for us, our customers, and the communities we serve." "Our partnership with Cherish Health demonstrates the market's confidence in our ability to deliver high-quality, state-of-the-art cellular modules," added Mark Kvamme , Eagle's Co-Founder & Chairman. "We look forward to expanding our customer base as we ramp production and continue to innovate in the cellular module and electronics manufacturing spaces." To achieve this goal, Eagle's first onshoring partner is Quectel, a global IoT solutions provider. Norbert Muhrer , Quectel's President and CSO, commented on the Eagle relationship, "Some customers need access to cellular modules that are made in the United States . We are excited to partner with Eagle Electronics to be able to offer customers the option to procure U.S.-made and cyber-secure modules and we're thrilled to be part of bringing production jobs back to the U.S." Eagle is also partnering with Finite State, a leader in software supply chain security, to produce, compile, and audit all firmware for Eagle devices domestically. Former Head of the CIA Directorate of Science & Technology and Eagle Board Member, Dawn Meyerriecks , says of this arrangement, "Eagle's domestic production, coupled with the company's partnership with Finite State, will go a long way in assuaging security concerns that are inherent with any connected technology. We believe our approach will be the most secure offering in the market." About Eagle Electronics Eagle Electronics is an electronics manufacturing company dedicated to onshoring the manufacturing of critical technologies in the United States . By focusing on state-of-the-art manufacturing and strategic partnerships, Eagle Electronics is committed to building a geopolitically resilient and secure technology supply chain. View original content to download multimedia: https://www.prnewswire.com/news-releases/eagle-electronics-announces-formation-of-state-of-the-art-electronics-manufacturing-facility-14mm-of-funding-and-customer-commitments-302321711.html SOURCE Eagle Electronics

Thunder vs. Grizzlies Injury Report Today – December 29 Published 4:33 pm Saturday, December 28, 2024 By Data Skrive The Memphis Grizzlies’ (22-10) injury report has four players listed as they ready for a Sunday, December 29 matchup with the Oklahoma City Thunder (24-5, six injured players) at Paycom Center, with a start time of 7:00 PM ET. Watch the NBA, other live sports and more on Fubo. What is Fubo? Fubo is a streaming service that gives you access to your favorite live sports and shows on demand. Use our link to sign up. Last time out, the Thunder won on Thursday 120-114 against the Pacers. In the win, Shai Gilgeous-Alexander paced the Thunder with 45 points. The Grizzlies are coming off of a 132-124 victory against the Pelicans in their most recent outing on Friday. Jaren Jackson Jr. recorded 33 points, five rebounds and three assists for the Grizzlies. Oklahoma City Thunder Injury Report Today Sign up for NBA League Pass to get live and on-demand access to NBA games. Memphis Grizzlies Injury Report Today Get tickets for any NBA game this season at StubHub. Thunder vs. Grizzlies Game Info Catch NBA action all season long on Fubo. Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER .

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Serve Robotics Inc. (NASDAQ:SERV) CEO Sells $123,750.00 in StockRunning back Jace Clarizio flipped his commitment from his local team, Michigan State, to Alabama. The decision, announced by Clarizio on social media Tuesday, comes after the East Lansing (Mich.) High standout visited head coach Kalen DeBoer's Crimson Tide on Nov. 16. "Great program," Clarizio told On3. "Playing on the biggest level. ... All the people and coaches I met and interacted with were all great people. The atmosphere was crazy." The 5-foot-11, 195-pounder is ranked as the No. 33 running back by On3 and tabbed No. 35 in their industry ranking. In May, he had verbally committed to the Spartans, where his father, Craig Johnson, was a running back and defensive back who was a member of the 1987 Rose Bowl-winning squad under coach George Perles. --Field Level Media

The World Health Organization’s director-general said airstrikes on Yemen’s main airport occurred as he was about to board a flight in the Houthi rebel-held capital of Sanaa. The Israeli military said it attacked infrastructure used by the Houthis at the international airport as well as power stations and ports. One of the U.N. plane’s crew was wounded, said Tedros Adhanom Ghebreyesus in a post on X, but he and his WHO colleagues were safe. He said the strikes hit the airport's air traffic control tower, departure lounge and runway. Israel's strikes on Thursday follow several days of Houthi launches setting off sirens in Israel, and last week, Israeli jets bombed Sanaa and Hodeida, killing nine people. The Houthis have also been targeting shipping in the Red Sea corridor, calling it solidarity with Palestinians in Gaza. Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count. The Hamas-led militant attack on Israel in October 2023 resulted in the deaths of about 1,200 people. Around 100 hostages are still being held in Gaza , although only two-thirds are believed to still be alive. Here’s the latest: UNITED NATIONS — The head of the U.N. health agency says he and his team were about to board a flight in Yemen’s rebel-held capital Sanaa when the airport came under aerial bombardment. The Israeli military said it attacked infrastructure used by the Houthis at the airport as well as power stations and ports in Houthi-controlled areas. “The air traffic control tower, the departure lounge — just a few meters (yards) from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said in a post on X. He said one of the U.N. plane’s crew was injured but he and his WHO colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave.” Tedros said the U.N. team was in Yemen to negotiate the release of U.N. staff detained by the Houthis and to assess the health and humanitarian situation in the country, which faces one of the largest humanitarian crises in the world. JERUSALEM — Houthi rebels in Yemen said Israeli airstrikes on Thursday targeted the rebel-held capital of Sanaa and the port city of Hodeida, following several days of Houthi launches that set off air-raid sirens in Israel. The Israeli military said it attacked infrastructure used by the Houthis at the international airport in Sanaa and ports at Hodeida, Al-Salif and Ras Qantib along with power stations. Israeli Prime Minister Benjamin Netanyahu said in a speech on Wednesday that “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned.” The Iran-backed Houthis’ media outlet reported the strikes in a Telegram post, but gave no immediate details. The U.S. military also has targeted the Houthis in Yemen in recent days. The United Nations has noted that the ports are important entryways for humanitarian aid. Over the weekend, 16 people were wounded when a Houthi missile hit a playground in Tel Aviv . Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor, calling it solidarity with Palestinians in Gaza. QAMISHLI, Syria — Thousands of people in northeastern Syria attended a funeral Thursday for six fighters from a Kurdish-led, U.S.-backed force who were killed in ongoing clashes with Turkish-backed militias. The Turkish-backed groups are launching attacks to take the Arab cities west of the Euphrates River that are under the control of the Kurdish group . The Turkish-supported groups helped overthrow Bashar al-Assad’s rule of Syria, and have since kept pushing eastward against the Kurdish groups. “We thought that Syria today has entered a new stage after the fall and escape of Assad. We thought that we got rid of all of this, but this attack on us changed everything and those who came in are taking orders from Turkey,” said Nihayet Hassan, the uncle of a killed fighter. The fighters were killed during attacks on Tishreen Dam near the strategic city of Manbij in recent days. The bodies were returned to the city of Qamishli in northeastern Syria where the U.S.-backed group, known as the Syrian Democratic Forces, has a strong presence. Ankara sees the SDF as an affiliate of its sworn enemy, the Kurdistan Workers’ Party, which Turkey classifies as a terrorist organization. Turkish-backed armed groups backed by Turkish jets have for years attacked positions where the SDF are present across northern Syria, in a bid to create a buffer zone free from the group along the Turkish border. “It is obvious that Turkey’s issue is with the Kurds. It is not about an organization, or the PKK, no, their target are the Kurds,” said Ahmad Ammo, a Qamishli resident who attended the funeral. The U.S. has about 2,000 soldiers in eastern Syria to help fight the Islamic State group and protect critical oil fields there. BEIRUT — The Lebanese military said Thursday that Israeli troops encroached on areas of southern Lebanon, violating a ceasefire agreement that ended the war between Israel and the Hezbollah group. The U.S.-brokered ceasefire that went into effect a month ago called for Hezbollah militants and Israeli troops to leave southern Lebanon over a 60-day period as Lebanese army soldiers gradually deploy in the country south of the Litani River. The Israeli military did not immediately comment on the reported incident. Meanwhile, Lebanon’s state-run National News Agency said Israeli bulldozers are setting up dirt barricades that would close off the road between Wadi Slouqi and Wadi Hujeir. Lebanon’s military said it brought reinforcements into the areas entered by Israeli troops. NNA said the United Nations peacekeeping mission in Lebanon, known as UNIFIL, sent a patrol unit to an area near the southern town of Qantara where Israeli forces are present. UNIFIL in a statement expressed its “concern at continuing destruction by the IDF (Israeli military) in residential areas, agricultural land, and road networks in south Lebanon.” Lebanese army chief Gen. Joseph Aoun traveled to Saudi Arabia earlier Thursday as part of ongoing efforts by the cash-strapped military to find financial support to deploy in larger numbers. The Lebanese military and government have complained about Israeli strikes and overflights in the country to a new monitoring committee headed by the U.S. that also includes France. DEIR AL-BALAH, Gaza Strip — An Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight, the Health Ministry said Thursday. The Israeli army said it had targeted a group of militants. The strike hit a car outside the Al-Awda Hospital in the built-up Nuseirat refugee camp in the central part of the territory. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group. The military said it targeted a group of fighters from Islamic Jihad, a militant group allied with Hamas, whose Oct. 7, 2023, attack into southern Israel ignited the war. Associated Press video showed the incinerated shell of a van, with press markings still visible on the back doors. The Committee to Protect Journalists says over 130 Palestinian reporters have been killed since the start of the war. Israel has not allowed foreign reporters to enter Gaza except on military embeds. This post has been corrected to show that the name of the local news outlet is Al-Quds Today, not the Quds News Network. BEIJING — China has pledged two more shipments of humanitarian aid to Gaza, in an indication of support for the Palestinian Authority, state media reported Thursday. The agreement was overseen in Cairo by Chinese Ambassador to Egypt Liao Liqiang and Palestinian Ambassador to Egypt Diab al-Louh. “To ease the humanitarian conditions in the Gaza Strip, the Chinese government has continued to provide assistance to Palestine,” Liao was quoted as saying. The types and quantities of aid to be delivered via Egypt were not given, but China has previously shipped food and medicine to Gaza. China has longstanding ties with the Palestinian Authority but has also sought to strengthen economic and political relations with Israel. Al-Louh “voiced appreciation for China’s consistent and firm support for the just cause of the Palestinian people and for raising this issue on international occasions," state media said. UNITED NATIONS — The U.N. Security Council will hold an emergency meeting on Monday at Israel’s request to discuss recent attacks by Yemen’s Houthi rebels. Israel’s U.N. Mission said Wednesday the meeting will take place at 10 a.m. Monday. Israeli U.N. Ambassador Danny Danon said he expects the council will condemn the Houthi attacks. He urged the council “to enforce international law and hold Iran, the Houthis’ patron, accountable.” Alluding to Israeli retaliation for the attacks, Danon said ”It seems that the Houthis have not yet understood what happens to those who try to harm the state of Israel.”As Tarrant County lawmakers prepare to kick off the Texas legislative session Jan. 14, Fort Worth Report journalists are exploring the policies set to be reshaped in Austin. Click here for more legislative coverage. Steve Montgomery, president and CEO of the Fort Worth Chamber of Commerce, admits it was tempting to step in and take a more active role during the next legislative session. The veteran government affairs consultant knows the terrain well, having spent many years knocking on the doors of state senators and representatives under the watchful eye of the Goddess of Liberty statue. “It was tempting, but we’ve hired a great person , Delayne Hyatt, who has joined us as vice president for government affairs,” said Montgomery. Hyatt will spearhead the chamber’s advocacy efforts. Originally from Tarrant County, Hyatt comes to the chamber after several years in legislative director roles in Washington, D.C., where she worked with Texas congressmen Nathaniel Moran, R-Tyler, and Kevin Brady, R-The Woodlands. Brady, as the former chairman of the House Ways and Means Committee, played a pivotal role in shaping U.S. tax policy, which provided Hyatt with valuable experience in business community strategy and engagement, according to the chamber. “It’s an honor to be back in Fort Worth, advocating for the business community that makes this city thrive,” Hyatt said in a statement. “Businesses have pressing priorities, and tracking government action isn’t always at the top of the list. But it’s crucial for our members to have a voice early in the process to address policies that could negatively affect them — and to champion those that create positive change. I’m here to ensure FWC members are part of the conversation from the start.” Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. Montgomery said the chamber’s primary focus is to deal with any issues that have a direct connection to businesses. “Those are issues where it might typically be appropriate for the Fort Worth Chamber to take a position, though we may not always choose to do so,” Montgomery said. Typically, those issues will be core to businesses’ bottom line, such as taxes and regulations of major significance, he said. Another area of likely engagement for the chamber would be issues that create an environment for businesses to thrive and contribute to regional growth and opportunity. These issues include public and higher education, workforce development and transportation and infrastructure, Montgomery said. The chamber will also keep a watch on social issues with indirect impact on business. “These issues attract considerable public attention, but they seldom have a clearly identifiable connection to business or economic development,” he said. The chamber will also support efforts by the Legislature to increase healthcare coverage, access and quality, Montgomery said. “We support the ability of Texas businesses to determine appropriate healthcare coverage and access for their employees,” he said. At the moment, Montgomery said, he hasn’t seen any legislation or issues that the organization is raising a flag about, but he knows there will be concerns at some point. “We’ll oppose any proposals that we believe would directly harm our members, undermine our economic competitiveness or damage the state’s reputation as business friendly,” Montgomery said. The Fort Worth Report’s Texas legislative coverage is supported by Kelly Hart . At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Bob Francis, Fort Worth Report December 26, 2024New Delhi: The number of new subscribers to the Employees' Provident Fund (EPF) scheme was at its lowest at 0.75 million in October in 2024-25, according to a report released by the Ministry of Statistics and Programme Implementation (MoSPI) on Thursday. New subscribers to Employees State Insurance Corporation (ESIC) was the lowest at 1.29 million in the current financial year except for April. On the other hand, new subscribers to the National Pension Scheme (NPS) increased by 12% to 64,977 in October from 58,018 in the month before. However, the additions were lower than at the beginning of the financial year. ET Year-end Special Reads Corporate Kalesh: Top family disputes of India Inc in 2024 The world of business lost these eminent people in 2024 Fast, faster, fastest: How 2024 put more speed into your shopping From April and October, the number of new NPS and EPF subscribers declined by 41.3% and 23.2%, respectively. Meanwhile, ESIC recorded a 5.3% increase in new registrations. A gender-wise analysis shows that while the number of new male NPS subscribers increased by 20.1% in October compared to September, female NPS subscriptions fell by 5.8% in the same period. For EPF and ESIC, the decline in new subscriptions was higher among men than women. The number of new male EPF subscribers decreased by 26.1% in October from the month before, compared to 18.4% decline for females in the same period. Similarly, male ESIC subscriptions declined by 15.4%, while female subscriptions fell by 10.3%. -Our Bureau Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. 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The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )After starting 2-0 in its inaugural Atlantic Coast Conference schedule, SMU looks to make the month even more special on Sunday, hosting Longwood in Dallas, Texas. The Mustangs seek a seven-game win streak in their final nonconference test before welcoming No. 4 Duke to Dallas on Jan. 4. In recent victories over Alabama State, Virginia, LSU, and Boston College, SMU (10-2) averaged 85.3 points per game, allowed just 66.0 ppg, and climbed to No. 30 in the NET rankings. "We're a different team right now than we were earlier in the season," SMU head coach Andy Enfield said at the beginning of December, his words ringing even truer as the season progresses. "They'd never been under pressure together until recently, so they're starting to learn and figure things out." Longwood (11-3) enters its third consecutive road game, having won five of its last six overall. That includes a major 82-67 win at North Carolina Central on Dec. 20. It was only the sixth nonconference home loss for NCC since 2016, and Longwood head coach Griff Aldrich saw it as a result of his team's growing cohesiveness. "We got great contributions from so many players," Aldrich said. "We have been working to play more and more connected, and this team has really taken positive steps this week." The Mustangs' Matt Cross is among the biggest threats to Longwood's defense, which allows just 66.6 points per game. A 6-foot-7 forward, Cross had 36 points over SMU's last two wins, including a 16-point, 16-rebound double-double against LSU. What Cross does with the ball in his hands is impressive -- he is averaging 13.5 ppg in December -- but it is also what he does off the ball that increases his value. "He's extremely tough," Enfield said after Cross' performance against LSU. "His wall up in transition, where (Corey) Chest came down, was going to dunk the ball, and he stood there and took the contact. ...That's a big-time basketball play." Longwood is paced by Michael Christmas, a veteran forward in his fourth year in the program. A hard-nosed wing who can score at all three levels, Christmas is Longwood's only returner who started at least 30 games on last year's NCAA Tournament team. He is averaging a team-high 11.9 points per game. "(He) loves this university, loves this town and community," Aldrich said of Christmas. "He opted to come back here to really invest in the program." --Field Level Media

Chris Dods joined First Hawaiian bank in 2007 in the Card Services Division where he oversaw credit and debit card product development, operations, and compliance. Over time, his responsibilities grew to include marketing, corporate communications, digital banking, and all consumer products. In 2021 he was promoted to Vice Chairman and Chief Operating Officer and given oversight of Enterprise Technology Management, Enterprise Operations Services, Data and Analytics, and Strategy and Transformation. “Chris has been a key member of our management team and has made significant contributions to FHB during his time at the bank,” said Bob Harrison, Chairman, President, and CEO.“Under his leadership, we have made great strides in modernizing the bank and creating a user-friendly, highly functional digital experience for both our consumer and business customers. We would like to thank Chris for his contributions and wish him well in his future endeavors.” “My career here will always be a source of pride, and my love for the people and the organization can never be overstated,” said First Hawaiian, Inc. COO Chris Dods.“It has been a privilege to work at such a fine and storied institution as First Hawaiian Bank.” First Hawaiian, Inc. First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858 under the name Bishop & Company, is Hawaii's largest financial institution with branch locations throughout Hawaii, Guam, and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company's website, . A photo accompanying this announcement is available at MENAFN26122024004107003653ID1109033385 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.LiveWire Group (NYSE:LVWR) Stock Price Down 5.5% – Here’s Why

( MENAFN - Robotics & automation News) Interview: Ambi Robotics founder sees 'huge opportunities' in new markets December 28, 2024 by David Edwards The founding of Ambi Robotics is somewhat obscured by the mist of history, but it started with some abandoned robots in a basement and the co-founders meeting at University of California Berkeley in 2018. Within about a year, the five founders made a breakthrough in simulation-to-reality transfer learning systems for robotics, calling it Sim2Real AI, which, in turn, led to the establishment of Ambidextrous Laboratories Inc, and a year later to the commercialization of the technology in the form of the AmbiSort parcel sorting system. The lightning quick pace of development led to huge interest from investors, who poured in $21 million into the startup by 2021, and another $32 million the following year. Now, three years on, Ambi Robotics can look back on numerous multimillion-dollar commercial installations and look forward to many more diverse deployments in the years ahead. In this interview, we speak to Jeff Mahler (main image), one of the founders of Ambi Robotics and its chief technology offer, and ask him about himself, his company and the future of robotics. Robotics & Automation News: Let's start by telling readers about yourself and your job at Ambi Robotics. Jeff Mahler : I'm Jeff Mahler, co-founder and chief technology officer of Ambi Robotics. I lead the engineering and product teams at Ambi, executing our technology strategy to develop highly dexterous AI-powered robotic systems that help people handle more in commercial logistics operations. I earned my Ph.D. from UC Berkeley, where my research focused on AI for robotic grasping. It was in Professor Ken Goldberg's AUTOlab where I met Stephen McKinley, David Gealy and Matt Matl, and we began combining our complementary skills to later become the co-founders of Ambi Robotics. My experiences in both industry and academia, including co-launching UC Berkeley's course on robotic manipulation and publishing award-nominated research on robotics and AI, have given me a strong foundation to develop advanced technologies and lead the creation of transformative robotic systems at Ambi Robotics. R&AN: And let's also introduce the company, Ambi Robotics, to readers. What are the main services and products and what is its position in the market. JM : Ambi Robotics is an AI and robotics company developing advanced solutions that scale ecommerce operations to meet demand while empowering humans to handle more. Our flagship solution, AmbiSort A-Series, uses robotic arms combined with advanced gantry technology to automate the sorting of mixed parcels into destination containers. It's modular and configurable, supporting customer demand for both bin-fed and conveyor-fed operations for high-efficiency parcel sorting. All of our robots run on our proprietary operating system, AmbiOS, which uses simulation-to-reality (Sim2Real) AI to train the robots 10,000 times faster in virtual simulations and then transfer those learnings to the real world, enabling the robots to handle any bag, box, envelope or unpackaged item with high speed and accuracy. With continuous learning capabilities, our technology's performance improves and evolves over time. Ambi Robotics is leading the way for AI-powered automation to solve operational challenges for shippers, positioning us at the forefront of innovation in the booming e-commerce shipping and logistics space. R&AN: What are the key problems that Ambi Robotics solves? When Ambi Robotics is asked to do a job, does it take over from human-centred systems or does it generally improve on a previously implemented technological system? Maybe give us a use case or two. JM : We're tackling some big challenges in ecommerce and supply chain, especially with the increasing demand for faster and more accurate parcel sorting. The AmbiSort A-Series system automates the sorting of mixed parcels from deep bins or automated conveyor induction into destination sacks, a traditionally manual and time-consuming process prone to errors, injuries and bottlenecks. By bringing in our AI-powered robotic systems, warehouses can boost throughput, accuracy and cut costs-all without needing to completely overhaul their existing process. Powered by Sim2Real AI, solutions from Ambi Robotics are ready to go from day one and add immediate value and cost savings. For example, during a partnership with a global shipping and mailing company, we deployed our AmbiSort products into their existing middle-mile operations to help automate and speed up parcel sortation. During our time together, we sorted 87 million packages and trained over 400 of their parcel handlers for higher-value, certified robot operator roles. With this move, their employees were able to focus on more complex and higher-value work while cutting operational costs. R&AN: What are the current challenges in parcel sortation? And how do you see the future playing out in terms of parcel sortation technologies? JM : Many warehouses run into problems with labor shortages combined with rising parcel volumes, especially around the peak holiday season, and inefficiencies in their traditional technology that may cause delays and errors. They also often struggle to scale operations to meet growing ecommerce demand while keeping costs manageable. For example, rising transportation costs are an ongoing challenge to meeting customer desires for lower shipping rates. Looking ahead, we see advanced robotics and automation taking on a larger role within warehouses, leveraging AI to create highly repeatable, efficient, scalable and flexible systems that can integrate with human workers and existing infrastructure to handle diverse parcel profiles efficiently. In addition, intelligent automation can create a fountain of data on every item handled in order to empower operations management to make smarter decisions on how to boost productivity. R&AN: At the moment, most of the end effectors on robots tend to be suction devices of some kind. Is there an alternative to this? Do you use any soft end effectors or human-like hands to deal with specific kinds of items? Is this diversification something that is relevant for you? JM : We primarily use suction-based end effectors because they are highly reliable and effective for handling a variety of parcel types, especially ones with non-porous, flat surfaces like cardboard. Our robots have multiple suction cups of different sizes and flexibility, so they can choose the best“fingertip” for whatever they're handling. While suction cups work great for a lot of items, we know there are objects, like irregularly shaped or delicate ones, that might need a different touch. To address this, we're looking into other types of end effectors, like parallel grippers, to extend the range of items our robots can handle. This flexibility is key as we keep improving our robots to handle an even wider range of objects efficiently and accurately. R&AN: What is the overall market potential for a company like yours? How big could it become, given the growth in e-commerce and so on, and considering the competition you are already up against? JM : The market potential is huge, especially with the massive growth in ecommerce. In 2022 there were over 150 billion packages shipped worldwide, and each one of those packages was touched by a human hand about 10 times. That means that there are over 1 trillion package“touches” occurring each year, and this number is growing rapidly. As more people shop online, the demand for fast, efficient and scalable fulfillment solutions is only going to keep rising. With robots like ours that can handle parcel sortation and even adapt to different types of packages, we're in a strong position to meet that demand. Our competitive edge is the ability to handle a wide variety of objects with precision and speed, thanks to our AI-driven system, and our ability to easily integrate with whatever warehouse layout is needed. As automation becomes a bigger part of the supply chain, we see a ton of room to grow and capture a significant share of the market. We're working alongside global leading logistics companies and continuing to evolve our technology to meet their needs as they grow. R&AN: While you currently specialise in parcel sortation, was that always what you had in mind? And could you diversify into new markets in the future. If so, which markets? JM : Ambi Robotics is all about real-world impact, and parcel sortation was where we saw the biggest opportunity to apply our technology due to the massive market opportunity. That being said, we've always had the vision to make our robots more versatile, and as we grow we can definitely see ourselves branching out into other markets. There are huge opportunities to provide robots that automate repetitive motions in other industries with high-volume material handling such as ecommerce order fulfillment, retail distribution, manufacturing and even recycling. MENAFN28122024005532012229ID1109037657 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Cenovus Energy Inc. ( TSE:CVE – Get Free Report ) (NYSE:CVE) Senior Officer Jeffery George Lawson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were acquired at an average cost of C$21.17 per share, with a total value of C$105,832.00. Jeffery George Lawson also recently made the following trade(s): Cenovus Energy Trading Down 0.1 % Shares of CVE stock opened at C$21.08 on Friday. Cenovus Energy Inc. has a 52-week low of C$19.82 and a 52-week high of C$29.96. The business’s fifty day moving average is C$22.09 and its 200 day moving average is C$24.17. The company has a debt-to-equity ratio of 33.34, a quick ratio of 1.00 and a current ratio of 1.66. The company has a market capitalization of C$39.21 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 0.09 and a beta of 2.63. Cenovus Energy Announces Dividend Analysts Set New Price Targets Several equities research analysts recently weighed in on the company. BMO Capital Markets decreased their price objective on Cenovus Energy from C$28.00 to C$25.00 in a report on Friday, December 13th. Jefferies Financial Group reduced their target price on shares of Cenovus Energy from C$33.00 to C$32.00 and set a “buy” rating for the company in a research note on Friday, December 20th. TD Securities cut their price objective on shares of Cenovus Energy from C$31.00 to C$29.00 and set a “buy” rating for the company in a report on Friday, December 13th. Raymond James boosted their target price on shares of Cenovus Energy from C$32.00 to C$33.00 in a report on Friday, December 13th. Finally, National Bankshares cut their price target on Cenovus Energy from C$31.00 to C$29.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$31.20. View Our Latest Report on CVE Cenovus Energy Company Profile ( Get Free Report ) Cenovus Energy Inc, together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments. See Also Receive News & Ratings for Cenovus Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cenovus Energy and related companies with MarketBeat.com's FREE daily email newsletter .

The World Health Organization’s director-general said airstrikes on Yemen’s main airport occurred as he was about to board a flight in the Houthi rebel-held capital of Sanaa. The Israeli military said it attacked infrastructure used by the Houthis at the international airport as well as power stations and ports. One of the U.N. plane’s crew was wounded, said Tedros Adhanom Ghebreyesus in a post on X, but he and his WHO colleagues were safe. He said the strikes hit the airport's air traffic control tower, departure lounge and runway. Israel's strikes on Thursday follow several days of Houthi launches setting off sirens in Israel, and last week, Israeli jets bombed Sanaa and Hodeida, killing nine people. The Houthis have also been targeting shipping in the Red Sea corridor, calling it solidarity with Palestinians in Gaza. Israel's bombardment and ground invasion in Gaza has killed over 45,000 Palestinians, more than half of them women and children, according to Gaza’s Health Ministry, which does not distinguish between fighters and civilians in its count. The Hamas-led militant attack on Israel in October 2023 resulted in the deaths of about 1,200 people. Around 100 hostages are still being held in Gaza , although only two-thirds are believed to still be alive. Here’s the latest: UNITED NATIONS — The head of the U.N. health agency says he and his team were about to board a flight in Yemen’s rebel-held capital Sanaa when the airport came under aerial bombardment. The Israeli military said it attacked infrastructure used by the Houthis at the airport as well as power stations and ports in Houthi-controlled areas. “The air traffic control tower, the departure lounge — just a few meters (yards) from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said in a post on X. He said one of the U.N. plane’s crew was injured but he and his WHO colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave.” Tedros said the U.N. team was in Yemen to negotiate the release of U.N. staff detained by the Houthis and to assess the health and humanitarian situation in the country, which faces one of the largest humanitarian crises in the world. JERUSALEM — Houthi rebels in Yemen said Israeli airstrikes on Thursday targeted the rebel-held capital of Sanaa and the port city of Hodeida, following several days of Houthi launches that set off air-raid sirens in Israel. The Israeli military said it attacked infrastructure used by the Houthis at the international airport in Sanaa and ports at Hodeida, Al-Salif and Ras Qantib along with power stations. Israeli Prime Minister Benjamin Netanyahu said in a speech on Wednesday that “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned.” The Iran-backed Houthis’ media outlet reported the strikes in a Telegram post, but gave no immediate details. The U.S. military also has targeted the Houthis in Yemen in recent days. The United Nations has noted that the ports are important entryways for humanitarian aid. Over the weekend, 16 people were wounded when a Houthi missile hit a playground in Tel Aviv . Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor, calling it solidarity with Palestinians in Gaza. QAMISHLI, Syria — Thousands of people in northeastern Syria attended a funeral Thursday for six fighters from a Kurdish-led, U.S.-backed force who were killed in ongoing clashes with Turkish-backed militias. The Turkish-backed groups are launching attacks to take the Arab cities west of the Euphrates River that are under the control of the Kurdish group . The Turkish-supported groups helped overthrow Bashar al-Assad’s rule of Syria, and have since kept pushing eastward against the Kurdish groups. “We thought that Syria today has entered a new stage after the fall and escape of Assad. We thought that we got rid of all of this, but this attack on us changed everything and those who came in are taking orders from Turkey,” said Nihayet Hassan, the uncle of a killed fighter. The fighters were killed during attacks on Tishreen Dam near the strategic city of Manbij in recent days. The bodies were returned to the city of Qamishli in northeastern Syria where the U.S.-backed group, known as the Syrian Democratic Forces, has a strong presence. Ankara sees the SDF as an affiliate of its sworn enemy, the Kurdistan Workers’ Party, which Turkey classifies as a terrorist organization. Turkish-backed armed groups backed by Turkish jets have for years attacked positions where the SDF are present across northern Syria, in a bid to create a buffer zone free from the group along the Turkish border. “It is obvious that Turkey’s issue is with the Kurds. It is not about an organization, or the PKK, no, their target are the Kurds,” said Ahmad Ammo, a Qamishli resident who attended the funeral. The U.S. has about 2,000 soldiers in eastern Syria to help fight the Islamic State group and protect critical oil fields there. BEIRUT — The Lebanese military said Thursday that Israeli troops encroached on areas of southern Lebanon, violating a ceasefire agreement that ended the war between Israel and the Hezbollah group. The U.S.-brokered ceasefire that went into effect a month ago called for Hezbollah militants and Israeli troops to leave southern Lebanon over a 60-day period as Lebanese army soldiers gradually deploy in the country south of the Litani River. The Israeli military did not immediately comment on the reported incident. Meanwhile, Lebanon’s state-run National News Agency said Israeli bulldozers are setting up dirt barricades that would close off the road between Wadi Slouqi and Wadi Hujeir. Lebanon’s military said it brought reinforcements into the areas entered by Israeli troops. NNA said the United Nations peacekeeping mission in Lebanon, known as UNIFIL, sent a patrol unit to an area near the southern town of Qantara where Israeli forces are present. UNIFIL in a statement expressed its “concern at continuing destruction by the IDF (Israeli military) in residential areas, agricultural land, and road networks in south Lebanon.” Lebanese army chief Gen. Joseph Aoun traveled to Saudi Arabia earlier Thursday as part of ongoing efforts by the cash-strapped military to find financial support to deploy in larger numbers. The Lebanese military and government have complained about Israeli strikes and overflights in the country to a new monitoring committee headed by the U.S. that also includes France. DEIR AL-BALAH, Gaza Strip — An Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight, the Health Ministry said Thursday. The Israeli army said it had targeted a group of militants. The strike hit a car outside the Al-Awda Hospital in the built-up Nuseirat refugee camp in the central part of the territory. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group. The military said it targeted a group of fighters from Islamic Jihad, a militant group allied with Hamas, whose Oct. 7, 2023, attack into southern Israel ignited the war. Associated Press video showed the incinerated shell of a van, with press markings still visible on the back doors. The Committee to Protect Journalists says over 130 Palestinian reporters have been killed since the start of the war. Israel has not allowed foreign reporters to enter Gaza except on military embeds. This post has been corrected to show that the name of the local news outlet is Al-Quds Today, not the Quds News Network. BEIJING — China has pledged two more shipments of humanitarian aid to Gaza, in an indication of support for the Palestinian Authority, state media reported Thursday. The agreement was overseen in Cairo by Chinese Ambassador to Egypt Liao Liqiang and Palestinian Ambassador to Egypt Diab al-Louh. “To ease the humanitarian conditions in the Gaza Strip, the Chinese government has continued to provide assistance to Palestine,” Liao was quoted as saying. The types and quantities of aid to be delivered via Egypt were not given, but China has previously shipped food and medicine to Gaza. China has longstanding ties with the Palestinian Authority but has also sought to strengthen economic and political relations with Israel. Al-Louh “voiced appreciation for China’s consistent and firm support for the just cause of the Palestinian people and for raising this issue on international occasions," state media said. UNITED NATIONS — The U.N. Security Council will hold an emergency meeting on Monday at Israel’s request to discuss recent attacks by Yemen’s Houthi rebels. Israel’s U.N. Mission said Wednesday the meeting will take place at 10 a.m. Monday. Israeli U.N. Ambassador Danny Danon said he expects the council will condemn the Houthi attacks. He urged the council “to enforce international law and hold Iran, the Houthis’ patron, accountable.” Alluding to Israeli retaliation for the attacks, Danon said ”It seems that the Houthis have not yet understood what happens to those who try to harm the state of Israel.”

JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen on Thursday targeted the Houthi rebel-held capital of Sanaa and multiple ports, while the World Health Organization's director-general said the bombardment occurred nearby as he prepared to board a flight in Sanaa, with a crew member injured. “The air traffic control tower, the departure lounge — just a few meters from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said on the social media platform X. He added that he and U.N. colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave,” he said, without mentioning the source of the bombardment. The Israeli strikes followed several days of Houthi launches setting off sirens in Israel. The Israeli military said it attacked infrastructure used by the Houthis at the international airport in Sanaa and ports in the cities of Hodeida, Al-Salif and Ras Qantib, along with power stations, asserting they were used to smuggle in Iranian weapons and for the entry of senior Iranian officials. Israel's military didn't immediately respond to questions about Tedros' post but issued a statement saying it had "capabilities to strike very far from Israel’s territory — precisely, powerfully, and repetitively.” The strikes came a day after Israeli Prime Minister Benjamin Netanyahu said that “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned" as his military has battled those more powerful proxies of Iran. The Iran-backed Houthis' media outlet confirmed the strikes in a Telegram post but gave no immediate details. The U.S. military also has targeted the Houthis in Yemen in recent days. The United Nations has noted that the targeted ports are important entryways for humanitarian aid for Yemen, the poorest Arab nation that plunged into a civil war in 2014 . Over the weekend, 16 people were wounded when a Houthi missile hit a playground in the Israeli city of Tel Aviv . Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor, calling it solidarity with Palestinians in Gaza. The U.N. Security Council has scheduled an emergency meeting Monday in response to an Israeli request that the council condemn the Houthi attacks and Iran for supplying weapons to the rebels. Meanwhile, an Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight , the territory's Health Ministry said. The Israeli military said that all were militants posing as reporters. The strike hit a car outside Al-Awda Hospital in the built-up Nuseirat refugee camp in central Gaza. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group. Islamic Jihad is a smaller and more extreme ally of Hamas and took part in the Oct. 7, 2023 attack in southern Israel, which ignited the war. The Israeli military identified four of the men as combat propagandists and said that intelligence, including a list of Islamic Jihad operatives found by soldiers in Gaza, had confirmed that all five were affiliated with the group. Hamas, Islamic Jihad and other Palestinian militant groups operate political, media and charitable operations in addition to their armed wings. Associated Press footage showed the incinerated shell of a van, with press markings visible on the back doors. Sobbing young men attended the funeral outside the hospital. The bodies were wrapped in shrouds, with blue press vests draped over them. The Committee to Protect Journalists says more than 130 Palestinian reporters have been killed since the start of the war. Israel hasn't allowed foreign reporters to enter Gaza except on military embeds. Israel has banned the pan-Arab Al Jazeera network and accused six of its Gaza reporters of being militants . The Qatar-based broadcaster denies the allegations and accuses Israel of trying to silence its war coverage, which has focused heavily on civilian casualties from Israeli military operations. Separately, Israel's military said that a 35-year-old reserve soldier was killed during fighting in central Gaza early Thursday. A total of 389 soldiers have been killed in Gaza since the start of the ground operation more than a year ago. The war began when Hamas-led militants stormed across the border in an attack on nearby army bases and farming communities. They killed around 1,200 people, mostly civilians, and abducted around 250. About 100 hostages are still inside Gaza, at least a third believed to be dead. Israel's air and ground offensive has killed more than 45,000 Palestinians, according to the Health Ministry. It says more than half the fatalities have been women and children, but doesn't say how many of the dead were fighters. Israel says it has killed more than 17,000 militants, without providing evidence. The offensive has caused widespread destruction and driven around 90% of the population of 2.3 million from their homes. Hundreds of thousands are packed into squalid tent camps along the coast, with little protection from the cold, wet winter. Also Thursday, people mourned eight Palestinians killed by Israeli military operations in and around the city of Tulkarem in the occupied West Bank on Tuesday, according to the Palestinian Health Ministry. The Israeli military said that it opened fire after militants attacked soldiers, and it was aware of uninvolved civilians who were harmed in the raid. Shurafa reported from Deir al-Balah, Gaza Strip. A previous version of this story was corrected to show that the name of the local news outlet is Al-Quds Today, not the Quds News Network. Follow AP’s war coverage at https://apnews.com/hub/israel-hamas-war

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