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X @The Economist
The Economist· 2025-07-05 07:40
Building these businesses may be easier than ever. But maintaining one is hard. For celebrity brands, the toughest test will be the test of time https://t.co/ZmK1Y03RFp ...
Hermes Building Services Makes the Case for Maintenance as a Strategic Business Investment
GlobeNewswire News Room· 2025-07-01 16:02
Photo Courtesy of Hermes Building Services MCLEAN, Va., July 01, 2025 (GLOBE NEWSWIRE) -- Hermes Building Services, a leading provider of comprehensive commercial property maintenance solutions, is emphasizing the strategic importance of proactive maintenance in safeguarding and enhancing the value of real estate assets. The company asserts that regular, data-driven maintenance is not merely an operational necessity but a critical investment in a property's longevity and performance. "In the current econom ...
Odysight.AI (Nasdaq: ODYS) Added to the Russell Microcap® Index
GlobeNewswire· 2025-07-01 12:30
Omer, Israel, July 01, 2025 (GLOBE NEWSWIRE) -- Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), was added to the Russell MicrocapIndex, effective after the U.S. market opened on June 30 as part of the 2025 Russell indexes reconstitution. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30, ranking them by total market capitalization. Membership in the Russell ...
Private Water Well Warning Signs: Ben Pearson of Pearson Drilling Company Shares Inspection Tips in HelloNation
GlobeNewswire News Room· 2025-06-26 20:06
LAKE CITY, Mich., June 26, 2025 (GLOBE NEWSWIRE) -- What are the early signs that your water well may need inspection? Ben Pearson of Pearson Drilling Company outlines the key indicators in a recent HelloNation article, emphasizing the importance of monitoring water quality, system performance, and well components to maintain safe, reliable access to groundwater. Pearson explains that changes in water clarity, taste, or pressure are often the first signs of trouble. Cloudy or discolored water may indicate s ...
PG&E Power Line And Fire Mitigation Efforts Planned In San Rafael
San Rafael, CA Patch· 2025-06-17 13:44
SAN RAFAEL, CA — The City announced there would be work happening on trees Monday to Friday in San Rafael.According to John Ball, of Core Tree Care, they have been contracted by PG&E. Ball said they would be doing routine power line and fire mitigation work. He added that he does not expect any road closures to occur as a result of the work. ...
ODYSIGHT.AI is strengthening its European Presence to Accelerate Industry 4.0: received Initial Order from Leading EU Player for AI-Driven industrial predictive health monitoring solutions"
Globenewswire· 2025-06-16 12:30
OMER, Israel, June 16, 2025 (GLOBE NEWSWIRE) -- Odysight.AI Inc. (Nasdaq: ODYS), a pioneering developer of AI systems for Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM), is pleased to announce the receipt of an initial order for its Predictive Health Monitoring (PHM) system, designed to monitor the condition of belts and cables used in cranes and elevators across key industrial sectors. Powered by advanced artificial intelligence (AI), this solution is expected to transform infrastructure ...
AerSale (ASLE) 2025 Conference Transcript
2025-06-12 16:15
AirSale Conference Call Summary Company Overview - **Company**: AirSale - **Industry**: Aircraft asset management and maintenance, repair, and overhaul (MRO) Key Business Segments - **Asset Management**: Focuses on servicing large commercial aircraft, specifically Boeing and Airbus platforms. The company acquires midlife equipment (10-12 years old) and manages it through leasing, selling, or breaking down into components for their used serviceable material (USM) business [3][4] - **Tech Operations**: Includes MRO facilities and engineered solutions to improve aircraft operations, with three on-airport and three off-airport MROs in the U.S. [4] Financial Outlook - **2024 Expectations**: AirSale anticipates exceeding 2024 results due to a strong inventory position and growth in leasing, particularly in engine leasing [11][12] - **Revenue Growth**: The company expects revenue to ramp up from new expansion projects and increased capacity utilization in MRO facilities [13][14] Market Conditions - **Tariff Impact**: AirSale has managed to mitigate tariff impacts through strategies like using bonded warehouses and passing costs to customers. Currently, there is no significant impact from tariffs or supply chain issues [7][8] - **Used Serviceable Material (USM)**: Demand for USM has increased, especially post-COVID, as operators seek cost-effective alternatives to OEM parts [63][64] Asset Management Strategy - **Acquisition and Monetization**: The company employs proprietary models to assess asset value and determine the best monetization strategy, targeting a 25% internal rate of return [22][54] - **Market Dynamics**: The market for used aircraft and engines remains tight, with operators hesitant to retire assets until new OEM production stabilizes [19][24] MRO Capacity and Demand - **MRO Demand**: There is strong demand for MRO services, particularly from ultra-low-cost carriers and cargo operators. AirSale is expanding its MRO capabilities to meet this demand [39][42] - **Labor and Parts Availability**: While there are challenges in sourcing parts and labor, improvements have been noted, particularly in airframe repairs [43][44] Capital Deployment - **Share Buybacks**: AirSale has conducted stock buybacks to alleviate stock pressure and believes its shares are undervalued [46][47] - **M&A Strategy**: The company is cautious about M&A, preferring organic growth but remains open to opportunities that align with its business model [48][49] Competitive Advantage - **Multidimensional Extraction Process**: AirSale's ability to extract value from assets through leasing, selling, or parting out gives it a competitive edge in the market [50][52] Future Opportunities - **Freighter Conversion Market**: Demand for converted freighter aircraft is increasing, with AirSale actively marketing six converted 757s [69][70] - **Military Market**: Although currently a small part of the business, there are opportunities to grow in the military sector, particularly in MRO services [72][74] Conclusion - AirSale is well-positioned for growth in 2024, with strong inventory management, expanding MRO capabilities, and a strategic approach to capital deployment. The company is navigating market challenges effectively while exploring new opportunities in both commercial and military sectors.
Odysight.ai to Participate in the 15th Annual ROTH London Conference on June 25 and 26
GlobeNewswire News Room· 2025-06-12 12:30
Omer, Israel, June 12, 2025 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (Nasdaq: ODYS), a leading provider of visual based predictive maintenance (PdM) and condition-based monitoring (CBM) solutions, today announced it will participate in the 15th Annual ROTH London Conference taking place June 25–26, 2025, in London, U.K. Einav Brenner, Chief Financial Officer, will be available for one-on-one investor meetings on site both days. To schedule a meeting, please contact your ROTH representative. About the ROTH Londo ...
Fractyl Health and Bariendo Sign Letter of Intent to Prepare for Potential Offering of Revita® Across its Bariatric and Metabolic Endoscopy Centers Nationwide
Globenewswire· 2025-06-04 11:00
Collaboration is designed to implement a highly scalable clinical pathway for Revita in post GLP-1 weight maintenance, pending FDA approval, potentially benefiting millions of eligible patients Rising interest from patients and payers for an off-ramp from GLP-1 drugs is fueling significant demand for endoscopic alternatives designed to restore health rather than manage disease BURLINGTON, Mass. and SAN FRANCISCO, June 04, 2025 (GLOBE NEWSWIRE) -- Fractyl Health, Inc. (Nasdaq: GUTS) (the Company or Fractyl), ...
Fluke Reliability and Treon Partner to Elevate Industrial Asset Performance with AI Diagnostics and IoT Sensors
Globenewswire· 2025-06-03 08:00
Core Insights - Fluke Reliability and Treon have formed a strategic partnership aimed at enhancing predictive maintenance and industrial asset performance through the integration of their technologies [1][2] - The collaboration combines Treon's wireless sensor technology with Fluke Reliability's AI diagnostics and predictive maintenance software, enabling customers to detect equipment failures before they occur and optimize maintenance schedules [1][2] Company Overview - Fluke Reliability, part of Fluke Corporation, provides tools, software, and AI-powered insights to help reliability and maintenance teams optimize asset performance, shifting from reactive to predictive maintenance [3] - Treon is a technology company focused on improving productivity and operational visibility through data-driven automation, with its platform Treon Connect enhancing operational efficiency across industries [4] Partnership Details - The integration of Treon Connect with Fluke Reliability's eMaint condition monitoring platform aims to create a seamless connection between screening, diagnostics, and predictive maintenance activities [2][5] - This partnership is expected to deliver a holistic reliability solution, maximizing asset performance and enabling operational excellence at scale [2][5] Benefits to Customers - Customers will benefit from a scalable solution that provides deeper insights into asset performance, improving decision-making and operational efficiency [2] - The partnership is designed to boost predictive maintenance performance through AI-driven insights, enhancing uptime and asset health [5]