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Lucid Adds Hands-Free Drive Assist and Hands-Free Lane Change Assist as Next Step in ADAS / AD Roadmap
Prnewswire· 2025-07-15 13:00
Core Insights - Lucid Group, Inc. announced a significant update to its DreamDrive® Pro suite, introducing Hands-Free Drive Assist and Hands-Free Lane Change Assist for its electric vehicles [1][2][3] - The updates will be available as an over-the-air (OTA) update for Lucid Air owners on July 30, 2025, and for Lucid Gravity owners later in the year [1][2][4] Company Developments - The enhancement to DreamDrive Pro represents a key advancement in Lucid's technology roadmap, with substantial investments in ADAS and autonomous driving capabilities [3][5] - The DreamDrive Pro system features a comprehensive suite of 32 sensors, including LiDAR, radar, and cameras, and is designed to provide intuitive hands-free driving experiences on compatible highways [4][5] Future Outlook - Lucid's Vice President of ADAS and AD emphasized the potential of their software-defined vehicles and the ongoing commitment to deliver more functionalities through regular OTA updates [5] - The company is focused on advancing EV technology and aims to maintain its position as a leader in the electric vehicle market [6]
Energy Plug Technologies Corp. - Q2 2025 Corporate Update
Newsfile· 2025-07-15 13:00
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) ("Energy Plug", "PLUG", or the "Company"), in partnership with Indigenous-owned Malahat Battery Technologies, continues its focus on delivering Canadian-designed, secure energy systems. With 2025 marking a pivotal year, the Company is targeting domestic and export markets with systems primarily built from Canadian components. Management Commentary: "In Q1 2025, we made signifi ...
Damon CEO Showcases Asset-Light Strategy, HyperSport Development, and Revolutionary Damon™ I/O Platform in WebBikeWorld Feature Article
Prnewswire· 2025-07-15 13:00
VANCOUVER, BC, July 15, 2025 /PRNewswire/ - Damon Inc. (OTCID: DMNID) ("Damon" or the "Company"), a designer and developer of electric motorcycles and other personal mobility products that seek to empower the personal mobility sector through innovation, has been featured in an exclusive WebBikeWorld article, offering investors and enthusiasts a closer look at the company's strategic direction, innovative technologies, and market positioning in the rapidly evolving electric mobility sector. The article provi ...
上海又一半导体巨头将“倒下”?
是说芯语· 2025-07-15 01:43
Core Viewpoint - Deepin Semiconductor, a leading MEMS gyroscope semiconductor company in China, is undergoing restructuring due to financial difficulties and management changes, including the departure of its founder, Zou Bo [1][2]. Development History - Founded in August 2008, Deepin Semiconductor is headquartered in Shaoxing, Zhejiang Province, and specializes in MEMS sensor technology, producing gyroscopes, accelerometers, and magnetic sensors for various applications [2]. - The company has established a comprehensive business system and has made significant contributions to the semiconductor field in China, being the first to develop commercial MEMS gyroscopes for consumer and automotive applications [2]. Automotive Sector - Deepin Semiconductor's six-axis IMU products serve as "invisible navigators" for smart vehicles, enhancing positioning accuracy and safety [3]. - The new generation of six-axis IMU products is expected to support advanced autonomous driving systems, aligning with the trend of automotive intelligence and automation [3]. - Despite its innovations, Deepin Semiconductor primarily occupies the mid-to-low-end market, resulting in lower profit margins and vulnerability to market fluctuations [3]. Industry Contribution - The company has trained a significant number of MEMS professionals who are now contributing to the domestic MEMS industry, highlighting its impact on the sector [4]. - There is a growing demand for MEMS sensors in emerging markets such as humanoid robots and autonomous driving, indicating potential opportunities for Deepin Semiconductor post-restructuring [4].
Local Texas leaders face accountability questions after deadly flooding
NBC News· 2025-07-15 01:30
Relentless rain pouring over an already saturated central Texas. The region already devastated, hit with another round of dangerous flash floods over the weekend. Yeah, we're not going nowhere. We're stuck.Prompting dozens of emergency high water rescues like this one in Lancasters County. This river reaching over 33 feet in just a few hours. Thankfully, no more deaths reported despite the powerful currents.The rain still expected to continue into the evening, keeping the entire Hill Country on edge. The re ...
Trump, NATO Strike Ukraine Weapons Deal: What’s Next for the War? | WSJ
Geopolitical Landscape & Strategic Shifts - Russia is intensifying its offensive in Ukraine, despite calls for peace, indicating a determination to achieve its objectives [1][2] - Russia aims to undermine Western support for Ukraine by demonstrating its resolve and the perceived futility of Western assistance [3][4] - The conflict's next months are critical due to Ukraine's shortages in weapons and manpower, giving Russia the initiative [2] - Russia is attempting to break Ukrainian resistance through intensified drone attacks and battlefield advances [3][7] Military & Tactical Developments - Russia has massed 50,000 troops in the Sunumi region, part of a broader effort to stretch Ukrainian defenses across an 800-mile front line [7][9] - Ukraine is facing critical shortages of infantry and artillery shells, impacting its ability to match Russia's firepower [10][14] - Ukraine is increasing domestic drone production, aiming for at least 4 million drones annually, to offset artillery shortages and strike strategically [13][14] - Ukraine is employing long-range drones to target military equipment and production facilities inside Russia, achieving strategic and psychological gains [11][12] International Involvement & Potential Resolutions - A potential deal involves the US sending weapons, including Patriot air defense systems funded by NATO countries, to Ukraine [6] - Economic threats, such as severe tariffs, are being considered as leverage to push for a peace deal within 50 days [7] - Russia is potentially bolstering its troop numbers with 15,000 North Korean soldiers already deployed and further reinforcements expected [11]
Branded Legacy Inc. Announces Leadership Transition and Pending Merger with Innovative Addiction Therapeutics Company Projecting $40 Million in First-Year Revenue
Globenewswire· 2025-07-14 17:56
Core Viewpoint - Branded Legacy Inc. is undergoing significant leadership changes and pursuing a strategic merger to enhance its position in the growing addiction therapeutics sector [1][2][3]. Company Changes - The entire existing management team, including David Oswald and Philip White, has resigned, and Jeffery Robison has been appointed as Interim CEO [2][3]. - Robison is leading negotiations for a major merger with an innovative addiction therapeutics company, with a Letter of Intent submitted and expected to be executed soon [3]. Merger Details - The merger is projected to close within two weeks, pending final agreements and regulatory approvals [3]. - The target company has developed advanced technology for addiction treatment, focusing on naloxone, which is a leading product for opioid overdose reversal [4][5]. Innovative Technology - The target company is revolutionizing intranasal drug delivery with a patented all-in-one naloxone device that simplifies administration and reduces costs [5]. - Their platform allows for nasal administration of compounds that traditional devices cannot deliver, expanding treatment options and improving logistics for cold chain-dependent medications [6][7]. Management Expertise - The incoming management team includes experts with extensive backgrounds in health research, clinical trials, data science, and pharmaceutical sciences [8]. - This team aims to enhance treatment delivery efficiency and accessibility, aligning with Branded Legacy's growth vision [9]. Market Potential - The global addiction treatment market was valued at approximately $9 billion in 2023 and is projected to reach over $16.7 billion by 2033, growing at a CAGR of around 6.6% [10]. - The global naloxone market was valued at approximately $1.07 billion in 2023 and is expected to reach $2.48 billion by 2032, driven by rising opioid addiction rates and advancements in treatment technologies [10]. Financial Projections - The combined entity from the merger projects revenue of $40 million in its first year, driven by innovative technologies and market expansions [9][11].
Synopsys Receives All Necessary Approvals for Proposed Acquisition of Ansys
Prnewswire· 2025-07-14 13:00
SUNNYVALE, Calif., July 14, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has received approval from all necessary authorities to proceed with the acquisition of ANSYS, Inc. (Nasdaq: ANSS). The parties expect to close the transaction on or about Thursday, July 17, 2025, subject to the satisfaction or waiver of the remaining customary closing conditions. Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) Synopsys announced its intention to acquire Ansys i ...
X @The Wall Street Journal
President Trump said Sunday the U.S. will send Patriot air-defense systems to Ukraine that will be paid for by the European Union, and he again criticized Russian President Vladimir Putin https://t.co/W05R1XTZFr ...
Rackla Metals reports drilling has commenced at BiTe and provides initial core observations
Thenewswire· 2025-07-14 11:00
Vancouver, British Columbia – July 14th, 2025 – Rackla Metals Inc. (TSX-V: RAK) is pleased to announce that drilling and has commenced at the BiTe zone on the Grad property NWT. The Grad property was staked in July of 2024, and immediate prospecting defined strong gold mineralization at the base of the south facing cliff.  Further sampling in August identified significant sheeted veining hosted in the intrusive and that combined with the gold, bismuth and tellurium geochemistry made it clear that we had di ...