Tag Archives: ARO

PR Newswire

China Beidou System is Ushering in a Golden Decade

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WUHAN, China, Sept. 25, 2020 — A news report by haiwainet.cn:

On 23 September, Wuhan, which has successfully fought COVID-19, hosted the China Beidou System (BDS) Applications Conference. Present at the conference were 700 experts, officials and entrepreneurs, as well as company representatives from BDStar Navigation, Amap, Allystar, Unistrong and Wuhan Exsun. Delegates agreed that China’s BDS PNT(Positioning, Navigation and Timing) industry has just started and is ushering in a golden decade of rapid growth.

Zhou Xianwang, mayor of Wuhan, said that Wuhan, an important city for BDS construction and industrial development in China, is accelerating Beidou industry innovation, application promotion and enterprise development with first-class talents and services, and striving to make Wuhan a new highland for Beidou industry innovation and development.

Yu Xiancheng, president of the GNSS and LBS Association of China, said the Beidou industry in China has reached about $58.8 billion and the industrial ecology has taken shape. China’s Beidou is the first-class Beidou and the world’s Beidou as well. The application and space-time services of Beidou technology will become more popular in China and the world, ushering in a golden decade of development opportunities.

It’s reported that China is the third country in the world to have PNT independently. At present, BDS basic products have been exported to more than 120 countries and regions, and Beidou-based land ownership confirmation, precision agriculture, digital construction and smart ports, etc. have been successfully applied in ASEAN, South Asia, Eastern Europe, West Asia and Africa. (Shi Hua)

PR Newswire

Get SAT And SeaLandAire Delivering BLOS Capable ADARO Unmanned Surface Service Vessel To US Navy

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ADARO Project Using Inmarsat L-Band Network

JACKSON, Mich. and MCLEAN, Va., Sept. 16, 2020 — SeaLandAire Technologies, Inc., an engineering services small business with a core focus on developing small unmanned vehicles and sensor systems to collect data from difficult environments, and Get SAT, an innovator in small, lightweight satellite communication terminals for airborne, ground, and maritime applications, today announced that the U.S. Navy has selected Get SAT’s micronized, lightweight Ultra-Blade L-Band ESA (Electronically Steerable Array Antenna) for beyond line of sight (BLOS) C2 and ISR (Intelligence, Surveillance and Reconnaissance) exfiltration on SeaLandAire’s ADARO an Unmanned Surface Vehicle (USV).

The marriage of SeaLandAire’s ADARO, Get SAT’s micronized Ultra Blade L Band ESA, and INMARSAT Governments high capacity L Band service provides the Department of Defense with a low cost, highly mobile USV capable of supporting the most demanding at sea missions, including Full Motion Video backhaul. Reducing risk to force and risk to mission by removing the USV operator from the area of operation, the BLOS ADARO will make a significant impact to mission planning and approvals in high risk environments.

The ADARO is a rugged, man-portable, X-class unmanned surface vehicle designed around a modular payload capability. Its series-hybrid energy system provides quiet electric-only operation, even at top speeds, while the heavy fuel range extender significantly lengthens mission life. The platform is designed with a modular architecture to facilitate field servicing and repair. The flexible payload architecture allows extremely rapid integration of new payloads. Both software and hardware are designed for ease of use; ADARO can be set up and deployed within minutes.

Ultra-Blade is the market’s first complete all-planes ESA antenna with no moving parts whose streamlined physical characteristics, such as super low-profile, and technical achievements change the nature of mobile broadband satcom. With more than 90% antenna efficiency and the unprecedented capability to independently track any L-band satellite, Ultra Blade’s exceptional high throughput works for maritime, aviation and ground applications.

SeaLandAire President David Sparks stated, "The ADARO project is an important stride towards the future of USV surveillance operations. Our SeaLandAire team and partners are providing a solution that can be utilized to combat the fast-occurring challenges of the changing maritime and coastal domains."

According to Jason Stephens, Get SAT VP Sales North America, "The integration of Ultra Blade’s satcom with the autonomous capabilities of ADARO provides an immediate positive impact to the warfighter.  Anytime technology reduces the potential risk to personnel, Get SAT will be at the forefront of creating smart, micronized communication solutions.  We are very happy with our partnership with SeaLandAire and will continue to work to provide new technologies to solve hard challenges."

About Get SAT:

A privately held company located in Rehovot, Israel, Get SAT Communications provides portable and extremely efficient antenna and terminals that offer high-data-rate communications for ground, air, and maritime applications. Get SAT provides services for government and military use, enterprises, first responders, non-governmental organizations (NGOs) and humanitarian groups. For more information, visit www.getsat.com.

Get SAT CONTACT:
Ayala Pinhasi
+972-76-5300-700
+1-571-501-5150
info@getsat.com

About SeaLandAire Technologies, Inc.

A privately held small business located in Jackson, MI, SeaLandAire is an engineering services company that designs, develops, and builds products tailored to helping our customers collect information in any environment, focusing on small unmanned vehicles and sensor systems.

For more information, visit www.sealandaire.com

SeaLandAire CONTACT:
Jenna Jarvis
517-784-8340
JJarvis@sealandaire.com 
Info@sealandaire.com 

 

PR Newswire

Elbit Systems UK Demonstrates Hermes 900 Maritime Search and Rescue Flights for the Maritime and Coastguard Agency

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Hermes 900 was able to fly in unsegregated and uncontrolled airspace in full alignment with the UK Civil Aviation Authority

LONDON, Sept. 11, 2020 — Elbit Systems’ Hermes 900 Unmanned Aerial System (UAS) recently successfully completed a series of flight demonstrations for the Maritime and Coastguard Agency (MCA). The demonstration were run by the MCA and were designed to test the capabilities of using a UAS to enhance Search and Rescue (SaR) capabilities and the use of long-range unmanned capabilities in civilian airspace.

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Taking place off the West Coast of Wales over the first two weeks of September, the Hermes 900 was able to fly advanced Beyond Line of Sight (BLOS) missions into unsegregated and uncontrolled airspace, in full alignment with the UK Civil Aviation Authority (CAA). The success of these trials is a significant step forward in enhancing the capabilities of the MCA as they seek to improve the efficiency and effectiveness of its search and rescue operations while reducing the risk to MCA personnel in the field. Elbit Systems UK is closely collaborating with the UK Civil Aviation Authority, supported by additional UK companies, including Inzpire and Aviation Systems Group.

Watch the video: https://youtu.be/cHz4c6B6jKc

In the recent demonstration, the Hermes 900 equipped with search and rescue specific radar, an Automatic Identification System (AIS), EO/IR payload, an Emergency Position-Indicating Radio Beacon (EPIRB) and full satellite communications, was deployed on a range of missions that simulated shore-line rescues, water rescues in dangerous air space and long-distance ship rescues which crossed international air space lines.

With a wingspan of 15m, the 1.2 ton, Hermes 900 is already deployed with more than a dozen advanced customers around the globe providing search, rescue and reconnaissance capabilities. The Company offers extended life-saving capabilities with its recently launched Hermes 900 Maritime Patrol configuration with inflated life-rafts for detection, identification and saving the lives of survivors at sea. It was revealed that this configuration was delivered to an undisclosed customer in South-East Asia.

Martin Fausset, CEO of Elbit Systems UK commented: "We are pleased to have had the opportunity to showcase our enhanced search and rescue capabilities to the MCA this week. The Hermes 900 is perfectly equipped to deal with the needs of the Maritime and Coastguard Agency and we are proud to be able to support them as they continue with their vital, life-saving work."

Director of HM Coastguard Claire Hughes said: "We continue to do all we can to use existing technology as well as look to the future in our ongoing work of saving lives at sea. Remotely piloted aircraft continue to be a big part of that work both to potentially save lives in search and rescue and protect our beautiful coastlines from the worst effects of pollution."

About Elbit Systems UK

Elbit Systems UK Ltd (ESUK) holds four wholly-owned subsidiaries as well as two joint ventures. In total, over 500 personnel are employed by the Elbit Systems UK companies, in high tech roles in the defence, aerospace and rail sectors. The two joint ventures were formed in order to deliver the Watchkeeper programme for the British Army and to supply and support three fleets of aircraft within the UK MOD Military Flying Training System (UKMFTS) programme.

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land, and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, YouTube and LinkedIn Channels.

Video – https://youtu.be/cHz4c6B6jKc

Contact:

Victoria Mackarness
CMS Strategic
Victoria.Mackarness@cmstrategic.com
+44 (0)7852 128075

Dana Tal-Noyman
Manager International Corporate Communications
Tel: +972-77-2948809
Cell: +972-54-9998809
dana.tal@elbitsystems.com

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PR Newswire

Frost & Sullivan Explores Business Opportunities for IT Providers in the US Department of Defense

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Webinar will showcase recent DoD program funding and contract activity for IT hardware, software, networks, and services

SANTA CLARA, California, Sept. 8, 2020 — Like most enterprises and government entities, information technology (IT) is vital for the US Department of Defense (DoD), specifically for its communications, situational awareness, and combat systems. As it continues standardization and quality improvement efforts, the DoD is currently searching for input from large established IT firms and innovative start-ups to save costs, speed up integration, and improve capabilities. To help IT providers understand the available opportunities in the defense sector, the Aerospace & Defense team at Frost & Sullivan will showcase the recent DoD program funding and contract activity for IT hardware, software, networks, and services.

Frost & Sullivan
Frost & Sullivan

Join Defense Industry Analyst Brad Curran for a Growth Opportunity briefing, "Top Growth Opportunities for IT Providers in the US Department of Defense," on September 17 at 11 a.m. EST. The briefing will provide a framework of the IT products and services sought by the DoD, identify the leading influencers and market participants, and outline practical go-to-market strategies.

For more information and to register for the webinar, please visit: http://frost.ly/4g8

Critical insights for the audience to understand include:

  • Obstacles to overcome, such as size, weight, and power (SWaP), and algorithms for cybersecurity.
  • The DoD’s digital modernization strategy.
  • How commercial technology insertions, while speeding development, also increase competition and lower market participants’ margins.
  • How both traditional defense companies and commercial IT firms can help the DoD meet operational goals and enable an Internet of Battlefield Things.

The event will also be recorded and available on-demand at http://frost.ly/1ti. 

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Press Contact: 

Jaylon Brinkley
Frost & Sullivan 
+1 (210) 247 2481
jaylon.brinkley@frost.com

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PR Newswire

DJI Drives The Future Of Commercial Drones At AirWorks 2020

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New Sensors And Systems Enable Drone Solutions For The Coronavirus Era

SHENZHEN, China, Aug. 26, 2020 — DJI, the world’s leader in civilian drones and aerial imaging technology, today revealed new sensor systems and data integrations for its professional drone platforms at the fifth annual AirWorks conference, as the global coronavirus pandemic spurs massive adoption of drone technology for tasks that must now be performed remotely.

In online AirWorks sessions, industry-leading DJI customers and partners including Shell, Southern Manatee Fire & Rescue and FLIR Systems illustrated how drone technology has enabled people and businesses to be more resilient during the COVID-19 era, helping them follow new requirements for social and physical distancing while addressing the growing need for critical services like contactless inspections that drones provide.

"COVID-19 has challenged drone innovators around the world to rapidly develop and scale new ways of working, and DJI is proud to showcase some of the best ideas demonstrating how the drone industry has responded to the pandemic and how we can chart a course to even more beneficial drone uses," said Christina Zhang, Senior Director of Corporate Strategy and Communication at DJI. "This year’s virtual conference format for AirWorks allows more drone industry partners to attend sessions, exchange ideas, hear from experts and find new inspiration for how drone technology is changing everything about work."

DJI executives detailed their vison for the future of DJI’s technology and how the commercial drone ecosystem can benefit from new technical achievements. DJI drones will become optimized for integration into leading geospatial information systems (GIS) and gain new sensors that enable the creation of precise digital twin assets that precisely represent the real world. Additionally, DJI’s drone software and developer tools are becoming more robust to support advanced flight operations and industry-specific applications. Included in these key improvements are new partnerships and product features:

  • Drone-based LiDAR Sensors – DJI has been investing directly in lidar technology through its open innovation program that incubated Livox Technology Company. Livox’s new 498 grams lightweight Avia lidar sensor is compact, capable and able to be attached directly to the DJI Matrice 200 and Matrice 300 series drones to enable highly accurate 3D aerial mapping. It features long-distance detection range up to 460 meters, high-density point clouds and supports up to three returns. By bringing this affordable and scalable lidar solution to the skies, use cases will extend well beyond the architecture, engineering, and construction (AEC) industry and open new ways for public safety professionals, utility inspectors, and more to digitize their operations with the power of drone and lidar technology.
  • GIS System Integration – As the leading provider of survey-grade drone hardware, DJI announced today that we have partnered with ESRI, the global leader in location intelligence, to provide advanced enterprise solutions to our shared user-base. Through a direct integration between DJI hardware and ESRI’s Site Scan for ArcGIS, we will be advancing joint-developments of highly integrated solutions for the AEC, urban planning, public safety, and energy industries.
  • New Mission Management Platform – DJI’s FlightHub software will evolve from a fleet and pilot management tool into a comprehensive mission management platform centered around flight operations. With the new system, drones will deliver live data on top of an enhanced reality model for better coordination between field operators and command centers.
  • New Developer Tools – With 20,000 active developers and more than 1,000 published apps compatible with DJI drones, DJI announced improvements to its software development kit (SDK) tools that will enable third-party developers to create industry-specific applications, providing more access to DJI’s resources, and exploring and testing new cooperation methods. DJI’s new UX SDK changes the way developers and enterprises interact with DJI’s software and gives them more control over their DJI drone fleet – enabling them to meet stringent security requirements and ship unique, integrated software that meets the most demanding enterprise requirements.

Throughout the conference, leading DJI partners and customers will highlight their unique approaches to integrating and innovating drone technology to help organizations save time and money and improve worker safety.

  • FLIR Systems introduced the FLIR Vue® TZ20, the industry’s first dual-thermal payload for small UAS platforms. Developed on DJI’s Payload SDK, the Vue TZ20 is compatible with the DJI Matrice 200 and Matrice 300 series drones and features a wide 95-degree, and narrow 18-degree field of view FLIR Boson® sensor, allowing drone pilots to better maintain full situational awareness while keeping focused on their objective.
  • Shell Deer Park has become a DJI Solution Development Partner and showcased how DJI drones are used at the Shell Deer Park Manufacturing Complex for mission critical inspections of flare stacks, external floating roof tanks, and response to emergency operations.
  • Southern Manatee Fire & Rescue demonstrated its leadership in the fire service community to keep emergency responders safe during hazardous materials incident response using DJI’s Matrice 300 drone technology.

About AirWorks

AirWorks is the premier venue for exchanging ideas, learning about the latest developments in commercial drone technology, and steering the future development of the industry. It draws attendees from a diverse set of backgrounds who are using drones every day within the agriculture, construction, energy, infrastructure and public safety industries for engaging presentations, workshops, training sessions and networking opportunities. In addition to industry-specific sessions, attendees will hear from prominent leaders in the drone industry during lively panel discussions dedicated to current and future industry trends and drone regulations. The complete AirWorks agenda and more information about the conference can be found at www.djiairworks.us.

For additional information, please contact:
pr@dji.com

About DJI

DJI, the world’s leader in civilian drones and aerial imaging technology, was founded and is run by people with a passion for remote-controlled helicopters and experts in flight-control technology and camera stabilization. The company is dedicated to making aerial photography and filmmaking equipment and platforms more accessible, reliable and easier to use for creators and innovators around the world. DJI’s global operations currently span across the Americas, Europe and Asia, and its revolutionary products and solutions have been chosen by customers in over 100 countries for applications in filmmaking, construction, inspection, emergency response, agriculture, conservation and other industries.

For more information, visit our:

Website: www.dji.com 
Online Store: store.dji.com/ 
Facebook: www.facebook.com/DJI 
Instagram: www.instagram.com/DJIGlobal 
Twitter: www.twitter.com/DJIGlobal 
LinkedIn: www.linkedin.com/company/dji 
Subscribe to our YouTube Channel: www.youtube.com/DJI

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PR Newswire

Australian Army Pushes Metal 3D Printing to Extremes in Latest Field Trial

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DARWIN, Australia, Aug. 21, 2020 — Building on the success of its world-first field trial in June this year, a "WarpSPEE3D" 3D metal printer has again deployed and been put through its paces by the Australian Army during a two-week field exercise in the extreme heat and humidity of the Northern Territory.

WarpSPEE3D is the world’s first large-format metal 3D printer to use patented cold spray technology that enables significantly faster and more cost-effective metal part production than traditional manufacturing. Developed by SPEE3D, Australian award-winning manufacturer of metal additive manufacturing technology, the printer is capable of printing large metal parts up to 40kg at a record-breaking speed of 100grams per minute.

The printer arrived in Darwin in early June and forms the backbone of the Army’s developing 3D printing capability.

Having received a number of upgrades and modifications in the two months since its first deployment, the WarpSPEE3D print cell deployed, as part of 1 CSSB’s larger Brigade Support Group, to various field locations in temperatures up to 38 degrees Celsius and 80% humidity, whilst printing and machining genuine military metal parts.

SPEE3D printers make metal parts the fastest way possible, leveraging metal cold spray technology to produce industrial quality metal parts in just minutes, rather than days or weeks. This process harnesses the power of kinetic energy, rather than relying on high-power lasers and expensive gasses, allowing 3D metal printing in the field, at affordable costs.

The Australian Army announced a $1.5 million investment in a pilot of SPEE3D technology in February 2020 with a 12-month trial designed to test the feasibility of deploying 3D metal printers both on-base and in the field. SPEE3D partnered with the Advanced Manufacturing Alliance (AMA) and Charles Darwin University (CDU) to deliver the program with soldiers from the Australian Army’s 1st Brigade training in 3D printing at CDU since February.

The program aims to significantly increase unique parts available to the Army compared to what the regular supply chain can provide.

SPEE3D CEO Byron Kennedy said, "This second field deployment proves our technology is a genuine solution for expeditionary metal 3D printing. This two-week trial demonstrates the WarpSPEE3D is a robust workhorse that is capable of printing real parts and solving real problems in the field. It also proves that soldiers can take control of the whole workflow of creating the spare parts they need, from design to printing and post-processing, right here where they need them."

About SPEE3D

SPEE3D, based in Darwin and Melbourne, Australia, is an innovative supplier of metal-based additive manufacturing technology. SPEE3D focuses on the development, assembly, and distribution of machines and integrated system solutions based on the patented supersonic 3D deposition (SP3D) technology. The products enable significantly faster, lower-cost, and more scalable production than traditional metal printing techniques for copper and aluminium.

Media Contact:
Byron Kennedy
SPEE3D
Telephone: +61 410 656 936
Byron.kennedy@spee3d.com
www.spee3d.com
Australia

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Tactical 3D printing by the Australian Army
Australian Army Lance Corporal Sean Barton, from the 1st Combat Service Support Battalion, prepares the WarpSPEE3D printer for part assembly during Exercise Buffalo Run at Mount Bundey Training Area, NT.

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PR Newswire

HEISHA Launches Its Latest Advanced Drone-in-the-Box Hardware Platform – D.NEST

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SHENZHEN, China, Aug. 20, 2020 — HEISHA, a drone charging solution and unattended drone system provider, has launched a new drone-in-the-box hardware platform, D.NEST on Aug. 20 with a limited-time promotion to celebrate the launch. The first 200 Users who buy a standard D.NEST will get a Mavic 2 Zoom or 1,126 USD off their purchase. 

HEISHA's D.NEST, a truly automatic drone-in-the-box hardware platform, which is compatible with DJI drones, open-source project drones and vertical take-off and landing (VTOL) aircraft. HEISHA has inventory at present and is capable of mass production for standard products.
HEISHA’s D.NEST, a truly automatic drone-in-the-box hardware platform, which is compatible with DJI drones, open-source project drones and vertical take-off and landing (VTOL) aircraft. HEISHA has inventory at present and is capable of mass production for standard products.

Based on HEISHA’s Third Generation Charging Pad C500, centering protection from IR upgraded and polished through 3 generations, D.NEST is a reliable and stable automatic drone charging solution. Equipped with T3 separated monitoring pile, built-in AI computer, remote control base and local router, D.NEST is easy to maintain and redevelop. Additionally, the hardware platform can be a data center and control center for different robots.

HEISHA operates an open-source interface API and SDK, making it highly compatible. Designed for use with the DJI Mavic and Phantom series, D.NEST can also be customized for use with the M200. M210, M300, M600, open-source UAVs and VTOL fixed-wing.

Equipped with the 5-in-1 PCB control K100 and industrial level materials, HEISHA also provides a useful, stable and cost-effective drone charging platform.

Unattended technology is slowly helping to improve our lives, but the high cost and maintenance of automated systems are preventing further adoption. Aiming to provide easy access to air data, HEISHA launched the world’s first omni-compatible, cost-effective drone interface. We aim to create a future where everyone can have a bird’s eye view from their cellphone. 

About HEISHA

A technology-driven company, HEISHA, focuses on creating products with real value to daily life through advancing science and technology. Owning a manufacturing facility of more than 1,700 square meters and advanced test and processing equipment, HEISHA provides cost and time-saving solutions for more developers and is open to OEM and business partnerships. 

For more information contact: info@heishatech.com

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PR Newswire

Dymax Asia Pacific Pte Ltd Receives the Singapore SME 1000 & SME 1000 Award and Winner of D&B Business Eminence Award

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TORRINGTON, Conn., Aug. 14, 2020 — Dymax Corporation, leading manufacturer of rapid light-curing materials and equipment, is pleased to announce that its Singapore subsidiary, Dymax Asia Pacific Pte Ltd., has received the Singapore 1000 & Singapore SME 1000 award in its annual ranking of best companies in 2020. And it has been awarded one of the winners of the Dun & Bradstreet Business Eminence Award.

Dymax Asia Pacific Pte Ltd. SME Certificate
Dymax Asia Pacific Pte Ltd. SME Certificate

The Singapore 1000 Family of Rankings (Singapore 1000 & Singapore SME 1000) is the prestigious guide that ranks the nation’s top companies annually. For over 30 years, they have been profiling the success of businesses based on financial indicators such as revenue, net profit, return on equity, and overseas revenue. Taking into consideration all companies and requiring no paid nominations, the Singapore 1000 analyzes over 70,000 audited financials each year to arrive at the top 1,000 corporations and SMEs in Singapore. The rankings are shared publicly and distributed to government sectors, embassies, trade organizations, banks, universities, and libraries.

Nominees of the D&B Business Eminence Award receive this distinguished recognition for their achievements as an entrepreneurial business that has contributed to Singapore’s business landscape over the past several years. The assessment of candidates and selection process is based on Dun & Bradstreet’s proprietary financial model that recognizes top performing businesses and helps raise their international profile. The D&B D-U-N-S Registered Seal resonates with customers, suppliers, and business partners.

Dun & Bradstreet has the world’s largest commercial database, with over 240 million company records derived from 30,000 data sources. Some of the largest, most successful technology and service companies in the world embed Dun & Bradstreet data within their offerings. 

Dymax Asia Pacific Pte Ltd. joined in the ranks of this prestigious group being recognized for their abilities and contributions. The company looks forward to an exciting journey as it continually strives to achieve business excellence around the world.

About Dymax Corporation

Dymax Corporation develops innovative rapid and light-curable materials, dispense equipment, and UV/LED light-curing systems. The company’s adhesives, coatings, and equipment are perfectly matched to work seamlessly with each other, providing design engineers with tools to dramatically improve manufacturing efficiencies. Major markets include aerospace and defense; medical device; and consumer and automotive electronics.

For additional information on Dymax, visit www.dymax.com or contact us at info@dymax.com or +65-67522887.

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Baidu App Announces Launch of Naming Selection Campaign for China’s First Mars Rover

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Baidu App is the host for the rover’s name selection process, as well as for innovative multimedia content about the Tianwen-1 Mars mission

BEIJING, July 24, 2020 — Baidu App, the flagship mobile platform of Baidu Inc. (NASDAQ: BIDU), today kicked off the official naming selection process for China’s first Mars rover, which was launched into space yesterday from Wenchang, Hainan province, as part of the Tianwen-1 Mars exploration mission. As the exclusive partner for the rover’s naming campaign, Baidu App will leverage its expansive user base to allow netizens to contribute to the selection of the rover’s name and view interactive content about the mission.

Baidu has the largest information and knowledge-centered mobile ecosystem in China, said Foyu Yuan, Corporate Vice President of Baidu, which will allow Baidu to attract netizens at home and abroad to participate in the naming of China’s first Mars rover. She added that Baidu will use this campaign to tell stories about space exploration from multiple angles.

Baidu App is hosting the naming selection process for the rover on a designated Smart Mini Program. The campaign was launched today at a press conference held in Wenchang with the Lunar Exploration and Space Program Center of the China National Space Administration (CNSA), and was attended by the center’s deputy director Tongjie Liu. Including a lander, rover, and orbiter, Tianwen-1 is China’s first solo exploration mission to Mars and represents a historic moment both for China’s space program and humanity’s understanding of Mars. Tianwen means “Questions to Heaven” and comes from a poem by Yuan Qu, one of the greatest poets of ancient China who lived from around 340 to 278 BCE.

In the first stage of the naming campaign, users are invited to submit their ideas before the deadline on August 12. Users can search “Mars rover” or “Mars rover naming selection” on Baidu App to enter the submission page. Industry experts and the public will then narrow down the top ideas. With 500 million monthly active users (MAUs), Baidu App’s Smart Mini Programs are a core pillar of the company’s mobile strategy, as they connect users to a wide range of information and services through native app-like experiences.

In a video to mark the start of the naming campaign, astronauts Zhigang Zhai, Yang Liu, and Yaping Wang paid tribute to China’s first mission to Mars. In addition, notable figures including Chinese martial artist Jackie Chan, Chinese pianist Lang Lang, and Baidu’s Executive Vice President Dou Shen all provided name ideas for the Mars rover. Xiaodu, Baidu’s conversational AI assistant, even submitted an AI-generated idea, “Zhuque” (Vermillion Bird), a Chinese mythical bird.

In addition to serving as the exclusive partner for the naming process of the Mars rover, Baidu App will offer a range of interactive content and activities about the Tianwen-1 mission to promote scientific knowledge about space exploration. For example, users can search “Mars rover” and view a 3D structure of the vehicle. Baidu App will also host an “AI Mars office” and “Mars post office” so users can virtually experience the environment on Mars. These efforts aim to encourage more netizens to learn about the historic Mars mission. According to Baidu search data, requests for information about the Tianwen-1 mission increased 1,560% within the hour of its successful launch.

The new partnership builds on existing cooperation between Baidu App and CNSA’s Lunar Exploration and Space Program Center. Recently, Baidu App worked with the Mars mission to host a livestream program where scientists shared authoritative knowledge about outer space. Leveraging its AI expertise, strengths as a knowledge platform, and more than 230 million daily active users (DAUs), Baidu App is proud to be an exclusive partner of China’s first Mars mission to inform netizens about this historic moment in China’s space exploration.

About Baidu

Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. The Company’s mission is to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol “BIDU”. Currently, ten ADSs represent one Class A ordinary share.

PR Newswire

Cyient reports PAT at INR 814 Mn for the First Quarter FY 21; growth of 8.0% QoQ

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HYDERABAD, India, July 17, 2020 — Cyient (Estd: 1991, NSE: CYIENT), a global engineering and technology solutions company, today reported its consolidated financial results for the First quarter (Q1) of FY 2021 ending June 30, 2020.

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Financial Highlights

–      Consolidated revenue at $130.6 Mn (INR 9,917 Mn); degrowth of 12.5% QoQ (in $ terms) and de-growth of 16.6% YoY (in $ terms) and degrowth of 7.6% QoQ (in INR terms) and de-growth of 8.9% YoY (in INR terms)

–      Services revenue at $112.2 Mn; de-growth of 15.2% QoQ (-14.3% in CC) and de-growth of 18.6% YoY

–      DLM revenue at $18.4 Mn; growth of 8.5% QoQ, and de-growth of 1.4% YoY

–      Free cash flow to EBITDA conversion at 138.1%

–      EBIT margin for services at 6.7%, down 283 bps QoQ

–      EBIT margin for DLM at -4.6%, down 410 bps QoQ

–      Profit After Tax at INR 814 Mn for the quarter; growth of 8.0% QoQ

Business Highlights

  • Update on deal wins – Hitachi Rail:
    • Signed an agreement with Hitachi Rail to deliver project engineering services and accelerate the evolution of its signalling technology
    • Cyient will develop and operate a Central Delivery Centre for Hitachi Rail in India, and a Regional Centre in the US
    • Will be responsible for delivering engineering services for Hitachi’s global signalling projects that use proprietary interlocking platforms
  • Update on collaboration with Microsoft
    • Cyient loT Edge Gateway 5400, the flagship product in the company’s family of loT gateways, is Microsoft Azure Certified for loT
    • Cyient’s loT Edge Gateway 5400 provides diverse connectivity and communication protocol options, advanced data processing, and edge analytics capabilities for remote asset monitoring and predictive maintenance solutions
  • Diversifying our customer base
    • We have added 25 new customers in Q1 FY21
  • Commissioning of the Hyderabad factory
    • The new DLM factory in Hyderabad has been commissioned. This is one of the most advanced electronics manufacturing facilities in India, underpinned by the latest technologies in factory automation, Industry 4.0 and supply chain management
    • Strategic advantage to be located in a manufacturing hub in terms of proximity to probable customers, managing supply chains and co-ordination with the design teams

Message from the Management 
Commenting on the results, Mr. Krishna Bodanapu, Managing Director and Chief Executive Officer, said "Q1 FY21 results were better than our expectations, where we recorded a revenue of $130.6 Mn which was lower by 11.6% QoQ and 15.1% YoY in constant currency.  Services business was lower by 14.3 % QoQ in constant currency. The DLM business grew by 8.5% QoQ. We expect traction from top clients to return post Q2. The EBIT margin is lower by 328bps QoQ mainly due to lower business volume which was somewhat offset by lower SG&A spend. We generated Free Cash Flow of INR 2,163 Mn which was higher by 101% QoQ.

This quarter we had some significant wins in both new business and existing clients. This will help us strengthen our revenue outlook in the coming quarters. This quarter we also made significant investments in strengthening our business through strategic partnerships and alliances. We partnered with Microsoft for industry 4.0 offerings. The partnership will allow us take IoT solutions faster to market with hardware and software that has been pre-tested and verified to work with Microsoft Azure IoT services. We also signed a partnership with Fore Optics for joint Go to Market on taking asset tracking offering to the market. As part of this partnership Fore Optics brings in its IP in supply chain analytics and Cyient its IP in asset tracking IoT. We further strengthened the management team with the addition of Felice Gray-Kemp as the Global General Counsel and Meenu Bagla as the Chief Marketing Officer. The new DLM factory in Hyderabad has been commissioned and I am happy to say that this is one of the most advanced electronics manufacturing facilities in India, underpinned by the latest technologies in factory automation, Industry 4.0 and supply chain management.

Our Outlook for Q2 is positive and we expect growth to return in all industries except Aerospace, which will de-grow further in Q2. For the year, we expect a de-growth in revenue in double digits. We will also reiterate that H2 margin will be back to the steady state margin of H1 of last year. This will continue to be underpinned by strong free cash flow generation and prudent Capex spend."

Commenting on the results, Mr. Ajay Aggarwal, President & CFO, said, "The revenue for Q1FY21 stood at $130.6 Mn (INR 9,917 Mn) with EBIT of INR 511 Mn and PAT of INR 814 Mn. Our rigor on cash collections, close engagement with customers and initiatives on cash conservation has yielded results with FCF generation of INR 2,163 Mn and FCF to EBITDA conversion of 138.1%.

With significant efforts spent on efficiencies and cost optimisation in the last financial year, our focus on cost reduction and profit improvement continued in Q1 and well set to show results in the coming quarters. We are positive on realising benefits of our sustained initiatives on collections, working capital cycles, payables and discretionary cost control in FY21. 

In the current turbulent times, it is very difficult to predict future with a reasonable certainty. We are cognizant of the dynamic situation we are in, and are working with extreme agility in making decisions and taking corrective actions to manage business scenarios with special focus on cash and costs.

We remain strongly focused on growth, improvement in operating efficiencies and cash generation and thus maximizing the value for our shareholders."

Business performance and outlook

Aerospace & Defense
Aerospace & Defence business unit witnessed a decline of 15.6% QoQ and 21.5% YoY. The services business from commercial aviation clients witnessed significant challenges across geographies. The defence business remained resilient and we expect the traction to continue through the year. The manufacturing business grew driven by new wins and stable defence accounts.

We expect to witness decline in Q2 driven by poor market demand for passenger travel. We are actively engaged with key clients to strengthen our relationship and retain our market share. We expect manufacturing business to witness strong growth through Q2. The digital offerings are seeing momentum in this vertical. We expect the demand to be driven by digital, defence and DLM in the near term.

Communications
Communications business unit witnessed a decline of 10.8% QoQ and growth of 0.6% YoY. The services business witnessed increased demand in key clients driven by demand for increased network bandwidth both from consumer & enterprise segments. Also, 5G rollouts across various geographies are gaining traction. However, closure on major programs, field access and new client acquisition remained a challenge.

We expect strong growth in Q2 driven by growth in key clients. 5G rollouts, wireless and fiber rollout, digital technologies will continue to drive growth through next few quarters.

Transportation
Transportation business unit witnessed a decline of 10.9% QoQ and 23.9% YoY, primarily driven by change in revenue complexion and lower momentum in one of our key clients. 

Our outlook for Q2 continues to remain positive driven by growth in key client accounts and new wins in mobility business. We expect momentum in signaling business to return through the quarter.

E&U
Energy and Utilities business unit witnessed a decline of 19.4% QoQ and 30.0% YoY driven by temporary stoppage in field work for the Utilities business and decline in demand for the manufacturing business.

We expect strong growth in Q2 driven by growth across services. We expect traction in Energy segment to return post Q2

Medtech and Healthcare
Medical technology and Healthcare business unit witnessed a growth of 18.2% QoQ and 32.7% YoY driven by growth in key client in the services business and manufacturing business.

Our outlook for Q2 stands positive driven by growth in key client in the manufacturing business. We expect growth in Covid related equipment’s like IVD and hospital equipment’s to drive growth through the quarter.

SIA (Semiconductor, Semiconductor, IoT and Analytics)
Semiconductor, IoT and Analytics business unit witnessed a growth of 15.6% QoQ and decline of 18.7% YoY. The growth was driven by growth in key clients in semiconductor as well as embedded automotive services. We also completed ASIC IC shipments for a high precision GPS chip leveraging our new test infrastructure in Europe. Asides this, our facilities in Leuven (Belgium) and Duisburg (Germany) will be fully equipped to perform test development for high volume production for complex analog mixed signal ASICs through the year.

We expect growth through Q2 driven by ramp up in new turnkey ASIC projects and IC shipments.

DLM (Design Led manufacturing)
Design Led manufacturing business unit witnessed a growth of 8.4% QoQ and decline of 1.4% YoY driven by growth across Aerospace and Medical segments. Our strong focus on inventory reduction through the quarter resulted in increased cash flow for the business.

We expect strong growth through Q2 driven by key clients in Aerospace & Defence and Medical segment. We will continue to focus on better inventory management and operational excellence to improve our cash position.

About Cyient
Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, domain knowledge, and technical expertise to solve complex business problems.

Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient.

Media Relations
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Vishal Thapa
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Disclaimer

This document contains certain forward-looking statements on our future prospects. Although Cyient believes that expectations contained in these statements are reasonable, their nature involves a number of risks and uncertainties that may lead to different results. These forward-looking statements represent only the current expectations and beliefs, and the company provides no assurance that such expectations will prove correct.

All the references to Cyient’s financial results in this update pertain to the company’s consolidated operations comprising wholly-owned and Step-down subsidiaries Cyient Europe Limited; Cyient Inc.; Cyient GmbH; Cyient Australia Pty Ltd; Cyient Singapore Private Limited; Cyient KK; Cyient Israel India Limited; Cyient Insights Private Limited; Cyient Canada Inc.; Cyient Defense Services Inc.; Certon Software Inc.; Certon Instruments Inc.; B&F Design Inc.; New Technology Precision Machining Co. Inc.; Cyient Insights LLC; Cyient Benelux BV; Cyient Schweiz GmbH; Cyient SRO; AnSem NV; AnSem B.V.; Cyient AB; partly owned subsidiaries Cyient Solutions and Systems Private Limited; Cyient DLM Private Limited; joint venture Infotech HAL Ltd (HAL JV) & associate company Infotech Aerospace Services Inc. (IASI) until 8th December 2017.

The income statement and cash flow provided is in the internal MIS format. MIS format is different from the income statement published as part of the financial results, which is as per the statutory requirement.

 

 

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