Siemens Aktiengesellschaft (SIEGY) announced that it inked a deal to acquire Trayer Engineering, a mediumvoltage secondary distribution switchgear specialist based in the United States. This move aligns with SIEGY's strategy of expanding its grid modernization product offering. Siemens & Trayer's Strategic Integration Trayer was founded in 1962 as a family business and currently employs 130 people. The company specializes in submersible distribution switchgear, vital for areas prone to flooding or extreme w ...

Brightline hopes to begin operating high-speed trains between Las Vegas and Los Angeles by 2028. Brightline West, Siemens Siemens plans to add a U.S. rail manufacturing facility in central New York to make bullet trains for Brightline West's railway connecting Las Vegas to Los Angeles, calling it the country's first such factory dedicated to producing high-speed trains. The company said today it's investing $60 million in the Horseheads, New York plant which is expected to employ about 300 people when it op ...

Arlington, VA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- In a significant milestone for the community solar industry, Summit Ridge Energy, the nation's leading commercial solar company, and Siemens, have announced an agreement for the company's first order of domestic content inverters. Siemens, a longstanding partner of Summit Ridge, plans to domestically manufacture 1000 inverters, with scheduled deliveries to Summit Ridge projects across Illinois and Virginia starting in Q1 of 2025. This order, totaling approxi ...

Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Airport Notification Systems - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Airport Notification Systems was estimated at US$1.7 Billion in 2023 and is projected to reach US$2.5 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts. What Technologies Power Airport Notification Systems? The backbo ...

Chicago, Aug. 23, 2024 (GLOBE NEWSWIRE) -- At a CAGR of 7.4%, the Parking Management Market is expected to expand from USD 5.6 billion in 2024 to USD 8.1 billion by 2029, according to a new report by MarketsandMarkets™. The increasing population density in urban areas necessitates the provision of adequate parking facilities. This commenced with the growing number of people who shifted their residences from rural to urban areas, thus increasing demand for adequate parking space since the number of vehicles ...

| --- | --- | |--------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | Profitable growth in third quarter – outlook confirmed Roland Busch, CEO Siemens AG Ralf P. Thomas, CFO Siemens AG | | | Unrestricted \| © Siemens 2024 \| Investor Relations \| Q3 Analyst Call \| 2024-08-08 | | Notes and forward-looking statements This document contains statements related to our future business and financial performance and future events ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Siemens CEO Roland Busch said the German group was 'benefiting from the boom in artificial intelligence' German industrial giant Siemens said Thursday its quarterly profits jumped sharply, driven by demand for production software as well as the "boom" in artificial intelligence and customers upgrading power grids. Net profit was ...

Siemens Aktiengesellschaft (OTCPK:SIEGY) Q3 2024 Earnings Conference Call August 8, 2024 3:00 AM ET Company Participants Tobias Atzler - IR Roland Busch - CEO Ralf Thomas - CFO Conference Call Participants Andrew Wilson - JP Morgan James Moore - Redburn Atlantic Andre Kukhnin - UBS Gael de-Bray - Deutsche Bank Max Yates - Morgan Stanley Phil Buller - Berenberg Alexander Virgo - Bank of America Operator Good morning, ladies and gentlemen, and welcome to Siemens 2024 Third Quarter Conference Call. As a remind ...

15 November 2023, Bavaria, Munich: Flags with the word "Siemens" in front of the company's headquarters. Siemens publishes figures for fiscal year 2022/23. Photo: Karl-Josef Hildenbrand/dpa (Photo by Karl-Josef Hildenbrand/picture alliance via Getty Images) German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook. Industrial profit came in at 3 billion euros ($3.3 billion) in the quarter to the end of June, 11% higher t ...

Looking forward, the role of AI in healthcare is set to expand, promising substantial improvements in patient care through more accurate diagnostics, personalized treatments, and by ultimately enhancing the overall efficiency of healthcare services. Agfa Healthcare Corporation Aidoc AliveCor, Inc. Caption Health Elevance Health, Inc. HeartFlow Intelegain Technologies Siemens Healthineers AG VisualDx | --- | --- | |---------------------------------------|--------------| | | | | Report Attribute | Details | | ...