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TomTom unveils next generation Automotive Navigation Application
Globenewswire· 2025-09-08 05:30
TomTom unveils next generation Automotive Navigation Application TomTom unveils next generation AutomotiveNavigation Application MUNICH, Germany, Sept. 08, 2025 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today announced the launch of its new Automotive Navigation Application, a ready-to-use solution built on TomTom Orbis Maps with an intuitive User Interface layer added on top of TomTom’s enhanced Navigation SDK. The seamless integration of these components sets the applicati ...
Alstom S.A: Alstom awarded a €538m contract in Wellington, New Zealand for 18 Adessia Stream B battery trains and 35 years of maintenance
Globenewswire· 2025-09-08 05:30
Core Points - Alstom has secured a €538 million (NZD$1,065 million) contract from the Greater Wellington Regional Council for the design, manufacture, and supply of 18 battery-electric multiple unit (BEMU) trains, marking the first BEMU commuter trains in New Zealand [1][9] - The new trains will replace diesel locomotives set for retirement in 2028 and 2029, enabling emission-free operations on non-electrified segments of the Wellington rail network [2][9] - Alstom will establish a maintenance facility in Masterton, equipped with advanced technologies for fleet maintenance and battery servicing [2][9] Company Commitment - Alstom emphasizes its commitment to sustainable mobility and green technologies, with this contract representing a significant step in advancing zero-emission rail technology in the Asia-Pacific region [4][10] - The trains, named 'Tūhono', will feature cultural elements relevant to New Zealand, designed in collaboration with a Māori design agency to ensure community resonance [6][5] Train Specifications - The Tūhono trains will accommodate up to 475 passengers and operate at speeds of up to 120 kph, based on Alstom's proven Adessia commuter trains platform [5][8] - The trains will include amenities for passengers, such as wheelchair access, bike storage, and onboard facilities like toilets and vending machines [5][6] Technological Advancements - Alstom will introduce state-of-the-art maintenance technologies, including HealthHub condition-based maintenance and a connected driver advisory system, to enhance operational efficiency [7][8] - The trains will utilize intelligent train control systems, allowing for emission-free operation through critical network corridors [7][8] Market Position - Alstom has sold 60 BEMU trains since 2020, indicating a growing momentum in battery-electric multiple unit technology [8][10] - The company generated sales of €18.5 billion for the fiscal year ending March 31, 2025, showcasing its strong market presence [10]
Sword Group: New Public Sector Contracts in Switzerland: CHF50m+
Globenewswire· 2025-09-08 05:30
Historically established in French-speaking Switzerland, Sword Switzerland is now strengthening its collaborations with the public sector, both in French and German-speaking regions. In French-speaking Switzerland, Sword has been supporting major institutions for over 20 years, including the State of Geneva, the State of Vaud, and the Cities of Lausanne and Geneva. Building on this relationship of trust, Sword has recently signed new four-year contracts with public authorities in Vaud, amounting to more tha ...
Disclosure of the Number of Shares Forming the Capital and of the Total Number of Voting Rights as of 31 August 2025
Globenewswire· 2025-09-08 05:30
Group 1 - The company has a total share capital of €1,457,166,892.50 [1] - As of August 31, 2025, the total number of shares is 582,866,757 [2] - The theoretical number of voting rights is equal to the total number of shares, which is 582,866,757 [2] Group 2 - The number of voting rights excluding treasury stock is 558,551,422 [2] - This information is available on the company's website under the finance and investor section [2]
Kitron ASA - Initiation of share buyback program
Globenewswire· 2025-09-08 05:30
Core Viewpoint - Kitron ASA has announced a share buyback program to acquire up to 16,000 shares for a total maximum amount of NOK 900,000, aimed at providing remuneration to board members for the upcoming period from May 2025 to April 2026 [1][2]. Group 1: Share Buyback Program Details - The buyback program will be executed in accordance with the EC Commission Delegated Regulation (EU) No. 2016/1052, which allows exemptions from market manipulation for share programs [2]. - The company has engaged Norne Securities AS to facilitate the share buybacks, which will be conducted under the authorization granted by the annual general meeting on 24 April 2025 [3]. - Up to 19,891,716 shares may be purchased at a minimum price of NOK 1 and a maximum of the prevailing market price, not exceeding NOK 100 per share [3]. Group 2: Execution and Market Conditions - All acquisitions will take place on Euronext Oslo Børs, and the execution of repurchases will depend on market conditions [4]. - The buyback program may be discontinued at any time, and the company reserves the right to terminate the program before reaching the specified threshold [4]. - As of the announcement date, Kitron does not hold any of its own shares [4]. Group 3: Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company, serving sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [5]. - The company operates in multiple countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, employing approximately 2,400 people [5]. - Kitron reported revenues of EUR 647 million in 2024 [5].
Sampo plc’s share buybacks 5 September 2025
Globenewswire· 2025-09-08 05:30
Core Viewpoint - Sampo plc has initiated a share buyback program with a maximum limit of EUR 200 million, which commenced on 7 August 2025, following authorization from its Annual General Meeting on 23 April 2025 [1][2]. Group 1: Share Buyback Details - On 5 September 2025, Sampo plc acquired a total of 330,961 A shares at a daily weighted average price of EUR 9.73 [1]. - The buyback transactions were conducted across multiple markets, including AQEU, CEUX, TQEX, and XHEL, with varying volumes and prices [1]. - The total number of shares owned by Sampo plc after the buybacks is 7,228,092, representing 0.27% of the total shares outstanding [2]. Group 2: Regulatory Compliance - The share buyback program is in compliance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [1]. - The program aims to enhance shareholder value and is part of the company's strategic financial management [1].
KingSpec’s New Smart Manufacturing Center Boosts SSD Production Capacity
Globenewswire· 2025-09-08 05:10
Core Insights - KingSpec has launched an upgraded smart manufacturing center in Shenzhen, China, covering 5,000 square meters, significantly enhancing production capacity and technological capabilities [1] - The new facility aims to produce over 8 million storage units annually, with a testing capacity exceeding 10 million units [1][6] Manufacturing Enhancements - The upgrade includes two fully automated SMT lines and a dust-free cleanroom with high-precision Yamaha placement machines, ensuring consistent quality in storage device manufacturing [2] - Proprietary testing equipment has been developed, such as the ZS101 system, which can test 600 SATA SSDs or 480 NVMe PCIe SSDs simultaneously, improving testing speed by 75% compared to traditional methods [2] - The ZS1000-80 system supports extreme environment testing from -45°C to 90°C for industrial and aerospace-grade SSDs, while the compact ZS101 mini_V1 reduces space usage by 75% [2] Digital Management Systems - The center integrates PLM, ERP, and MES systems for real-time production monitoring, efficient data analysis, and full traceability [4] - A custom-built visualization platform allows for instant tracking of order status and alerts for production issues [4] Competitive Positioning - KingSpec has over 20 years of hardware R&D experience, providing end-to-end design and customization for various storage solutions [5] - The center is certified under ISO9001, recognized as a National High-Tech Enterprise, and holds AEO certification, which supports its global expansion efforts [5] Market Context - The investment in smart manufacturing comes in response to the growing demand for storage solutions in data centers and IoT, setting a new benchmark for quality and efficiency in China's storage industry [6]
Vopak Terquimsa divested terminal in Barcelona
Globenewswire· 2025-09-08 05:00
Core Insights - Vopak Terquimsa has divested its Barcelona terminal to Tradebe Port Services, which primarily stores petroleum products, chemicals, and vegetable oils [1][2] - The Barcelona terminal is considered less strategically attractive for Vopak, which retains a 50% stake in the Tarragona terminal located in an industrial cluster [2] - Vopak will report an exceptional gain in Q3 2025 from this divestment, but the impact on its 2025 outlook is deemed not material [2] Company Overview - Royal Vopak provides storage and infrastructure solutions for essential products, including liquids and gases for energy, chemicals for manufacturing, and edible oils [3] - The company has been a leader in transformative changes for over 400 years, focusing on safety, reliability, and efficiency [3] - Vopak is actively supporting the energy transition by developing infrastructure solutions for hydrogen, ammonia, CO₂, battery energy storage systems, and low-carbon fuels [3]
Corbion reports the progress of its € 10 million share buyback program 1 September – 5 September 2025
Globenewswire· 2025-09-08 05:00
Core Points - Corbion has initiated a €10 million share buyback program announced on 1 September 2025 [1] - As of 5 September 2025, a total of 83,962 shares have been repurchased at an average price of €17.3463, totaling €1,456,431.48 [1] - The total amount spent on repurchased shares represents 14.56% of the overall share buyback program [1] Weekly Update - Corbion publishes a weekly overview every Monday detailing the progress of the share buyback program on its website [2] - This overview includes information on the daily amount of repurchased shares and individual share purchase transactions [2]
Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Unseen Interior and Product Highlights of the FX Super One to Be Unveiled on 919 Futurist Day & Shareholders’ Day
Globenewswire· 2025-09-08 02:57
Core Insights - Faraday Future is preparing for the 919 Futurist Day & Stockholders' Community Day on September 19, 2025, to celebrate the one-year anniversary of the FX Strategy and engage with stockholders [2][8] - The event will showcase the FX Super One's interior and product highlights, along with updates on its homologation in the U.S. and launch plans for the Middle East [3][4] - The company is focusing on its Crypto Flywheel strategy, which includes the C10 Treasury and aims to maximize value creation for stockholders through a dual-engine growth system [4][9] Company Updates - The FX Super One has been actively showcased in key states, including participation in the Luxury Transportation Exchange event in Las Vegas, generating strong interest from industry partners [5][6] - Under the 10b5-1 share purchase plan, the Co-CEO has invested approximately $180,000 in FFAI common stock, demonstrating confidence in the company's long-term strategy [7] - A Special Meeting of Stockholders will be held on September 19 to seek approval for key proposals, including increasing shares for the equity incentive plan to attract and retain talent [8] Crypto Strategy - The C10 Treasury has expanded with a new allocation of $2 million in crypto coins, maintaining an investment strategy of 80% passive index and 20% active management [9] - Staking of C10 crypto coins has begun, expected to enhance yield, mitigate risk, and support ecosystem participation [10] - The company is committed to its strategic investments in cryptocurrencies, focusing on LINK and BNB as core assets [9][10]