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LOBO Secures Over US $5 Million in Orders at the 138th Canton Fair
Globenewswire· 2025-10-22 12:30
Core Insights - LOBO Technologies Ltd. secured over US $5 million in confirmed orders during the 138th Canton Fair, marking a 40% increase compared to the previous year [1] - The company aims for revenue growth exceeding 30% in both 2025 and 2026, supported by a 40% increase in order value from the 2025 spring and autumn Canton Fairs compared to 2024 [3] Customer Feedback - A managing director from a Kenya-based company praised LOBO's cargo utility e-bike for its excellent performance on African roads and commended the after-sales engineering team for their customer-first approach [3] Canton Fair Advantage - The Canton Fair serves as a global platform for LOBO, allowing engagement with hundreds of distributors and facilitating international market expansion through customized distribution packages [4] Looking Ahead - LOBO is committed to continuous innovation and product development, focusing on sustainable electric mobility solutions in collaboration with distributors and partners worldwide [5] Order Highlights - The company welcomed approximately 300 buyers from over 40 countries, with a notable increase in visitors from South America and Europe [7] - LOBO signed more than 50 purchase orders totaling over US $5 million, with the largest single order valued at approximately US $150,000 from Ecuador [7] - A long-term U.S. distribution agreement was renewed, and the first American orders for LOBO's new extended-range electric golf and sightseeing carts were received, marking a reopening of a key market [7] About LOBO - LOBO is a certified high-tech manufacturer specializing in eco-friendly electric vehicles and smart products, including e-bicycles, electric motorcycles, and solar-powered vehicles [9]
Unisys Innovation Program Announces the Winners of Its 16th Annual Competition
Prnewswire· 2025-06-05 16:24
Core Insights - The Unisys Innovation Program (UIP) recognized three teams for their innovative projects aimed at sustainable electric mobility, tumor diagnostics accuracy, and remote neurological monitoring [1][6]. Group 1: Unisys Innovation Program Overview - The UIP, established in 2009, connects engineering students with industry experts to develop technology-centric solutions [7]. - This year's program attracted over 890 project submissions from 12,760 registrants across eight themes addressing various business and technical challenges [2]. Group 2: Winning Projects - First place was awarded to RV College of Engineering for their project "Quantum Neural Network for Brain Tumor MRI Classification via Quantum Machine Learning," achieving over 98% accuracy in tumor diagnostics from lower-field (1.5T) scans, enabling cost-effective MRI analysis [3]. - Second place also went to RV College of Engineering for their project "Electronic Differential for Electric Vehicles," which integrates AI for real-time wheel speed control, enhancing traction, stability, and energy efficiency in electric vehicles [4]. - Third place was awarded to Ramaiah Institute of Technology for their "Earbud-Based Electroencephalogram (EEG) Monitoring System," a discreet wearable device for continuous brain monitoring using AI-based seizure detection [5]. Group 3: Leadership Insights - Unisys leadership emphasized the program's role in fostering creativity and technical excellence among India's engineering students, highlighting the importance of nurturing young talent [6][7].