Workflow
Materialise to Transfer RapidFit Business to Its Management Team
Globenewswire· 2026-03-31 06:30
Core Viewpoint - Materialise NV is transferring its RapidFit business to its management team, allowing RapidFit to operate as an independent company, which aligns with Materialise's growth strategy to focus on business lines with the strongest potential [1][2]. Group 1: Transaction Details - The transaction will enable RapidFit to operate independently, providing greater focus and flexibility to make decisions closer to its customers and markets [3]. - The transaction is expected to close on or around April 30, 2026, and will not impact existing customer orders or ongoing projects [5]. Group 2: RapidFit Business Overview - RapidFit specializes in delivering custom 3D-printed jigs, fixtures, and quality control solutions primarily for the automotive and manufacturing industries [4]. - The company leverages advanced additive manufacturing technologies to provide precise and lightweight tooling solutions that enhance production efficiency and support quality assurance processes [4]. Group 3: Materialise Overview - Materialise has over three decades of experience in 3D printing, offering a range of software solutions and services that promote sustainable 3D printing applications across various industries [6]. - The company is headquartered in Belgium and operates one of the largest and most complete 3D printing facilities globally, combining a significant group of software developers in the industry [6].
onsemi Powers Sineng Electric's Advanced Solar and Energy Storage Solutions
Globenewswire· 2026-03-31 06:25
Core Insights - onsemi has secured a design win with Sineng Electric to integrate its latest hybrid power integrated modules (PIMs) into Sineng's next-generation 430 kW liquid-cooled energy storage systems (ESS) and 320 kW solar inverters, enhancing performance in renewable energy applications [3][6]. Group 1: Technology Advancements - The new PIMs utilize onsemi's FS7 insulated-gate bipolar transistor (IGBT) and EliteSiC technology, resulting in a 32% increase in power density and a 0.1% improvement in efficiency compared to previous generations [4][6]. - The modules are designed to reduce power dissipation by up to 8% and switching losses by 10%, contributing to enhanced thermal performance and reliability [5][6]. Group 2: Performance Improvements - Benchmark testing showed that onsemi's FS7-based hybrid PIM achieved a 0.07% efficiency improvement and reduced losses by 225 W in a 320 kW solar inverter configuration [1][6]. - The integration of these modules allows for a 0.75% increase in round-trip efficiency (RTE) and a 5% reduction in auxiliary power consumption, leading to lower operating costs [7]. Group 3: Industry Impact - The collaboration aims to meet the industry's demand for higher power density and efficiency, which are critical for utility-scale operators looking to maximize output while minimizing lifecycle costs [8]. - The advancements in technology enable existing installations to increase output without expanding the physical footprint, thereby improving reliability and reducing lifetime operating costs [8].
Sanoma’s Annual Report 2025 published
Globenewswire· 2026-03-31 06:00
Core Insights - Sanoma Corporation has published its Annual Report for 2025, which includes Financial Statements prepared in accordance with ESEF reporting requirements and audited by PricewaterhouseCoopers [1][2][4] Financial Performance - In 2025, Sanoma's net sales amounted to approximately €1.3 billion, with an adjusted operating profit margin of 14.4% [8] Sustainability and Governance - The Sustainability Statement is prepared in compliance with the European Sustainability Reporting Standards and the EU Taxonomy Regulation, with limited assurance provided by PricewaterhouseCoopers [2] - Sanoma has published a SASB content index aligned with the Sustainability Accounting Standards for relevant sectors, available on their sustainability website [3] - The Remuneration Report for 2025 is presented for advisory adoption at the Annual General Meeting in 2026 [3] Company Overview - Sanoma operates across Europe, employing close to 5,000 professionals, and focuses on innovative learning and media solutions [5][8] - The company emphasizes organic growth in K12 education and aims to accelerate growth through value-creating mergers and acquisitions [7]
Technip Energies Announces Publication Date for First Quarter of 2026 Financial Results and Conference Call
Globenewswire· 2026-03-31 05:30
Core Viewpoint - Technip Energies will release its first quarter 2026 financial results on April 30, 2026, and will host a conference call to discuss these results on the same day [2]. Group 1: Financial Results Announcement - The financial results will be published at 07:30 CEST on April 30, 2026 [2]. - A conference call will take place at 13:00 CEST on the same day to discuss the results [2]. - Participants can join the call using specific telephone numbers provided for France, the UK, and the US, with a conference code of 880901 [2]. Group 2: Company Overview - Technip Energies is a global technology and engineering company with a focus on LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management [3]. - The company generated revenues of €7.2 billion in 2025 and is listed on Euronext Paris [4]. - Technip Energies employs over 18,000 people across 35 countries, emphasizing sustainability and innovation in its operations [4].
TomTom selected by LOCUS to provide high-precision traffic data for location intelligence platform
Globenewswire· 2026-03-31 05:30
Core Insights - TomTom has announced a partnership with LOCUS to integrate its traffic data into the LOCUS platform, enhancing mobility analytics and location intelligence solutions [1][2][4] Company Overview - TomTom specializes in mapping and location technology, providing location data and technology to various sectors including drivers, carmakers, and businesses [5][6] - LOCUS is a leader in location and mobility intelligence, focusing on bridging public infrastructure planning and private investment through analytical data products and predictive models [7] Partnership Details - The integration of TomTom's traffic data with LOCUS' analytical suite aims to support smarter cities and optimized mobility networks across North America [2][3] - This collaboration will provide transportation authorities, city planners, and operators with granular insights necessary for resource optimization [2][3] Benefits of Integration - The partnership is expected to lead to faster decision-making, improved quality of life, reduced spending, and lower emissions [3] - TomTom's high-quality traffic data is deemed essential for enhancing LOCUS' AI-driven location intelligence solutions [4]
Press Release: Sanofi’s Rezurock approved in the EU to treat chronic graft-vs-host disease
Globenewswire· 2026-03-31 05:00
Core Viewpoint - Sanofi's Rezurock (belumosudil) has received conditional marketing authorization in the EU for treating chronic graft-versus-host disease (GVHD) in adults and children aged 12 years and older, addressing a significant unmet medical need for patients with limited treatment options [1][2][4] Group 1: Approval and Indications - The European Commission granted conditional marketing authorization for Rezurock for chronic GVHD in patients aged 12 years and older with a body weight of at least 40 kg [1] - The approval is contingent on the completion of a confirmatory randomized controlled study, following a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use [1][2] - Rezurock is already approved in 20 countries, including the US, UK, and Canada, for patients 12 years and older who have failed at least two prior lines of systemic therapy [4] Group 2: Clinical Evidence and Efficacy - The approval is based on safety and efficacy results from multiple clinical studies, including the ROCKstar phase 2 study, which showed clinically meaningful and durable responses in patients with chronic GVHD after stem cell transplant and at least two prior lines of systemic therapy [2][9] - The ROCKstar study demonstrated a best overall response rate (ORR) of 74% with Rezurock treatment, indicating significant efficacy [9] - Treatment was generally well tolerated, with common adverse reactions including fatigue (46%), diarrhea (35%), and nausea (35%) [9] Group 3: Commitment to Research and Development - Sanofi is committed to assessing the safety and efficacy of Rezurock in other age groups and indications, including ongoing studies for pediatric patients with chronic GVHD from one year old [6] - The company aims to expand the therapeutic applications of Rezurock, including for patients with chronic lung allograft dysfunction, which are currently in clinical studies [6]
BioVersys Strengthens Ansamycin Platform and NTM Research Through Collaboration and License Agreement with Hackensack Meridian Health
Globenewswire· 2026-03-31 05:00
Core Insights - BioVersys AG has entered into an exclusive collaboration and license agreement with Hackensack Meridian Health (HMH) to develop ansamycin drug candidates targeting multi-drug resistant (MDR) bacteria [1][5] - The partnership aims to enhance BioVersys' Ansamycin Chemistry platform and advance the development of new antimicrobial agents for treating non-tuberculous mycobacterial (NTM) diseases [3][5] Company Overview - BioVersys AG is a clinical stage biopharmaceutical company focused on developing novel antibacterial products for serious infections caused by MDR bacteria [11] - The company utilizes two internal technology platforms, TRIC and Ansamycin Chemistry, to create candidates that can overcome resistance mechanisms and address unmet medical needs in antimicrobial treatments [11] Collaboration Details - The collaboration with HMH will involve joint profiling and development of ansamycin candidates, with HMH eligible for upfront payments and royalties on future sales [1] - HMH's Center for Discovery and Innovation (CDI) will contribute advanced lead molecules developed in collaboration with the University of Minnesota, enhancing BioVersys' existing platform [3][5] Market Context - Non-tuberculous mycobacteria (NTM) infections are a significant health issue, particularly affecting individuals with chronic lung conditions such as cystic fibrosis and chronic obstructive pulmonary disease (COPD) [6][7] - The incidence of NTM infections among cystic fibrosis patients has increased from 3.3% to 22.6%, highlighting the growing need for effective treatments [6] Research and Development - The BV500 program, part of the collaboration, focuses on developing advanced lead molecules for NTM infections, with current cure rates for NTM lung disease as low as 30-50% [7] - The partnership emphasizes the importance of collaborative research in addressing antimicrobial resistance (AMR), a major global health threat [7]
Civinity to acquire Vilnius-based property management company Admeo, expanding its residential portfolio
Globenewswire· 2026-03-31 04:57
Core Viewpoint - Civinity has signed a share purchase agreement to acquire 100% of Admeo, a property management company based in Vilnius, as part of its growth strategy in the residential property maintenance sector [1][5]. Group 1: Acquisition Details - Admeo, founded in 2012, specializes in property management and building maintenance services, managing approximately 140 residential and commercial properties in Vilnius, generating nearly EUR 2.7 million in revenue in 2024 [2][3]. - The acquisition is subject to approval from the Lithuanian Competition Council, and Civinity plans to complete the transaction following a positive decision [4]. Group 2: Strategic Importance - The residential property maintenance segment is crucial for Civinity, as it is essential for city residents, and the company views Admeo as a professional team to expand its portfolio [3]. - Civinity aims for up to ten acquisitions by 2026, indicating a strong focus on growth through acquisitions [5][6]. Group 3: Financial Strategy - To finance acquisitions, Civinity has a EUR 50 million bond prospectus approved by the Bank of Lithuania, with the first tranche of EUR 10.35 million successfully placed last year [7]. - The company targets tenfold growth over the next five years, transitioning to a hybrid model that combines traditional services with faster-scaling digital businesses [7]. Group 4: Integration and Employee Development - Post-acquisition, Admeo will be integrated into Civinity's operational processes while maintaining its brand initially to ensure service continuity [9]. - Admeo's employees are expected to retain their positions, benefiting from broader opportunities for professional growth and access to a wider internal network [10][11]. Group 5: Company Overview - Civinity is a group of building maintenance service providers and engineering solution developers across the Baltic States and the UK, comprising around 40 companies and employing over 1,600 people [12]. - In 2024, Civinity reported revenue of EUR 88.5 million, with a pro forma EBITDA of EUR 7.4 million [12].
Fobi Files 2025 Annual and Q1 & Q2 2026 Interim Financial Statements
Globenewswire· 2026-03-31 01:23
Core Insights - The company has filed its annual audited financial statements for the fiscal year ended June 30, 2025, and interim financial statements for the periods ending September 30, 2025, and December 31, 2025 [1][2] - The company is applying to revoke a cease trade order issued by the British Columbia Securities Commission and intends to seek reinstatement of trading on the TSX Venture Exchange [2] - The CEO highlighted that the recent financing closure and filing of reports are crucial for strengthening the company's financial position and resuming trading [3] Company Overview - Fobi AI Inc. is a data and AI technology company focused on enabling digital transformation through real-time data and mobile-wallet engagement [4] - The company serves various sectors, including retail, sports, healthcare, and regulated industries, by translating digital initiatives into measurable business results [4]
AUO Lights Up Touch Taiwan 2026 with Leading Micro LED Innovation
Globenewswire· 2026-03-31 01:06
Core Insights - The article emphasizes the role of display interfaces, particularly Micro LED technology, as a crucial enabler for integrating AI into real-world applications, showcasing AUO's advancements in this area [1][3]. Group 1: Micro LED Technology and Innovations - AUO will present its latest Micro LED innovations at Touch Taiwan 2026, highlighting its readiness for mass production and scalability across various applications [1]. - The "Micro LED Crystal Forest" installation at the event demonstrates AUO's capabilities in producing transparent Micro LED modules, showcasing visual depth and quality consistency [2]. - AUO is accelerating Micro LED mass production, focusing on retail, smart living, and transportation as key application areas, leveraging the technology's unique characteristics [3]. Group 2: Applications in Retail and Smart Living - In retail, AUO's 54-inch Micro LED Signage enhances product visibility and brand messaging, while the 42-inch Multilingual AI Ordering System improves service efficiency [4][15]. - The 64-inch Sports AR Solution and 30-inch Interactive AR Box are designed to enhance consumer engagement and marketing opportunities in lifestyle and entertainment settings [5]. Group 3: Transportation Innovations - AUO's rollable Micro LED display offers flexibility for transportation applications, enabling in-vehicle entertainment and integrated displays for smart spaces [6]. - The 16.1-inch dual-sided Transparent Micro LED display for MRT doors enhances wayfinding and information delivery in transportation environments [7]. Group 4: High-Performance Display Solutions - AUO provides high-refresh-rate display solutions to meet the demands of AI applications, ensuring fluid interaction and high-quality visuals while maintaining low power consumption [8]. - The company has developed the world's first 24-inch FHD 800Hz gaming monitor and other high-resolution displays to cater to the needs of high-speed frame updates [9]. Group 5: AI-Enabled Mobility Solutions - AUO Mobility Solutions integrates visual, computing, and connectivity technologies to enhance AI-enabled cockpit experiences in vehicles [10]. - The DriverAware HUD and Horizon Intelligent Dash focus on intuitive display and interaction for vehicle occupants, while the CrystalSense Console reduces distractions [11]. - The CabConnect Domain Controller supports multi-display integration and AI collaboration, while the SatGlass Antenna enables real-time vehicle connectivity [12].