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NOTS Solar Lamps to Invest USD 70 million in Solar Home Systems Manufacturing and Retailing in Rwanda

9 Jul

NOTS Solar Lamps – an impact enterprise – and the Government of Rwanda has announced a landmark deal that will accelerate the provision of electricity to the lowest income families in the country. NOTS will invest USD 70m over five years in a manufacturing facility for Solar Home Systems (SHS) – the first in Africa – a microloan credit scheme and marketing infrastructure and programs. SHS are recognized by the United Nations and World Bank as an essential technology in the effort to provide rural families with electricity, ending energy poverty and enhancing life opportunities. In another first the factory will build the ‘Mutimax’ SHS to a price point of USD 56 – roughly half that of current SHS – affordable for even the lowest income families. In return, the Government of Rwanda will purchase 100,000 units valued at USD 5.6m. (more…)

ACT Genomics Opens Third Laboratory in Asia at Hong Kong Science Park

9 Jul

ACT Genomics Holdings Co., Ltd (“ACT Genomics” or the “Group”), a leading cancer precision treatment solution provider, has opened its third Next Generation Sequencing (“NGS”) laboratory in Asia at the Hong Kong Science Park, an innovation and technology centre spearheaded by the Hong Kong Science and Technology Parks Corporation. The opening ceremony was officiated by Ms Annie CHOI, Commissioner for Innovation and Technology; Mr Albert WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation (“HKSTP”); together with Dr Hua Chien CHEN, Chief Executive Officer, Dr Shu Jen CHEN, Chief Scientific Officer, and Mr Victor CHAN, Chief Financial Officer of ACT Genomics. (more…)

CNIM Designs and Validates the Rotation System That Will Enable the StratobusTM Airship to Operate Autonomously for up to One Year

8 Jul

Stratobus TM is an 85,000 cu. m airship designed to operate at an altitude of 20 km, in the lower layer of the stratosphere. Equipped with four electric motors powered by solar panels during the day and batteries at night, the vehicle is fully autonomous from an energy perspective and is able to remain on station for a full year. Under ideal conditions, it can carry a 250 – 450 kg payload. Stationed just above air traffic and considerably closer to earth than a satellite, Stratobus TM is designed to perform civilian and defense missions in areas such as telecommunications, surveillance, observation and navigation. (more…)

TV Panel Prices Plunge in June, with No Signs of Stopping in July, Says TrendForce

8 Jul

According to WitsView, a division of TrendForce, although the US-China trade dispute reached a ceasefire after the Trump-Xi meeting at G20, TV brands have been engaging in preemptive stocking in 2Q due to fears of a 25% tariff to be placed into effect in 3Q as well as Samsung Display’s (SDC) original decision to shut down their Gen 8.5 L8-1-1 plant. This caused TV panel prices to plunge in June to an unforeseeable extent. (more…)

Alipay Unveils RMB 1 Billion Initiative to Support Women’s Football in China

8 Jul

Alipay, the world’s leading payment and lifestyle platform, has announced an unprecedented initiative to support the long-term development of women’s football in China, committing RMB 1 billion over the next decade on a wide array of areas to make the sport more sustainable and accessible to girls and women across the nation. (more…)

Xtensifi Named APN Standard Partner with Amazon Web Services, Preferred Cloud Computing Provider

5 Jul

Xtensifi, a digital consulting firm that enables financial institutions to create and execute their mobile and online strategies, announced it has become an AWS Partner Network (APN) Standard Partner with Amazon Web Services (AWS), a cloud computing service provider. (more…)

Wondery Completes $10M Series B Round to Finance Global Expansion; Appoints Media Executive Declan Moore

5 Jul

Wondery, the largest independent podcast publisher in the world, has announced the completion of a $10 million Series B financing round led by new investor Waverley Capital. Series A investors Lerer Hippeau, Greycroft, BDMI, Advancit and Water Tower Ventures, as well as Powerhouse Ventures, also joined the round. (more…)

The Future of Mobile Surveillance Technology

5 Jul

Imagine that tens of thousands of people have converged on the city center to celebrate New Year’s Eve, resulting in congestion of the local wireless network causing poor mobile signal reception. How will the frontline police officers who are responsible for keeping public order and safety communicate with one another and report back to their respective precincts? (more…)

A Virtual AI Analyst for Security Evaluation

5 Jul

“Many people are interested in my personal story, but what I want is to get people interested in what CyCraft is doing,” said Jeremy Chiu, co-founder of CyCraft. In fact, Chiu has made a name for himself in the cybersecurity industry. Nicknamed Birdman, he was once hailed as a cybersecurity programming genius. With business acumen, he had established several companies before founding CyCraft. In 2005 and 2011, Chiu set up two cybersecurity companies respectively, providing products and security services for the most challenging IT security problems. (more…)

Phunware Offers Phun Utility Token Globally

4 Jul

Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced that Phun utility tokens are now available for purchase in international markets. (more…)