DUBAI, United Arab Emirates, May 29, 2025 (GLOBE NEWSWIRE) -- Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced it will participate in a fireside chat at Maxim Group’s 2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow, to be held from June 3-5, 2025. Virtual Conference Fireside ChatDate & Time: Tuesday, June 3, 2025, 9:30 a.m. ETSpeakers: Fareed Aljawhari, Founder & CEO and Dzmi ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Viewpoint - Cyngn Inc. has received a notice of allowance for its 23rd U.S. patent related to its autonomous vehicle solutions, specifically a modular sensor system designed for industrial applications [1][2][4]. Patent Details - The newly allowed patent focuses on a modular sensor system that can be integrated with existing industrial machines with minimal modifications, enhancing adaptability across various machine geometries and operational constraints [3]. - This patent adds to Cyngn's growing intellectual property portfolio, which now includes a total of 22 granted patents, reflecting the company's commitment to research and development in autonomous vehicle technology [4]. Company Positioning - Cyngn's CEO emphasized that the expanding patent portfolio reinforces the company's position as a technology leader in the autonomous vehicle sector, highlighting the importance of innovation and intellectual property protection for long-term differentiation [4]. - The company has been actively securing patents in key areas such as perception, navigation, and mapping, which are critical for advancing its DriveMod solution [4]. DriveMod Technology - Cyngn's DriveMod technology allows customers to implement self-driving capabilities in their operations without incurring high upfront costs or needing extensive infrastructure changes [9]. - The DriveMod Tugger can haul up to 12,000 lbs and aims for a payback period of less than two years, while the DriveMod Forklift is designed for handling non-standard pallets and is currently available to select customers [10]. Industry Context - Cyngn targets significant challenges faced by industrial organizations, such as labor shortages and safety incidents, by providing innovative autonomous vehicle solutions [8].

Shares of WeRide (WRD 17.84%) flew higher on Tuesday. The company's stock spiked 18.2% as of market close. The jump comes as the S&P 500 rose 2%, and the Nasdaq Composite rose 2.4%.The autonomous driving company's stock jumped after it announced its expansion into Saudi Arabia.WeRide in Saudi ArabiaThe Chinese company announced today that it will launch operations in Saudi Arabia in partnership with Uber, where its robotaxis can be hailed. The company has already begun testing its vehicles in the country, a ...

Company Overview - U Power Limited is a provider of comprehensive electric vehicle (EV) battery-swapping solutions, aiming to become a smart energy grid solutions provider [6] - The company utilizes its proprietary modular battery-swapping technology, UOTTA™, to manufacture and sell various models of battery-swapping stations for EVs [6] Recent Achievements - U Power has received the Beyond Impact Award at the 5th BEYOND International Technology Innovation Expo for its advanced battery-swapping ecosystem, recognizing its contributions to the environment, society, economy, and technology [3][4] - The BEYOND Expo is Asia's largest technology gathering, featuring over 800 companies across various sectors [2] Strategic Developments - Following the successful launch of battery-swapping solutions in mainland China and Thailand, U Power plans to debut its first battery-swapping station in Hong Kong in June 2025, which will be the first full-service taxi-focused station in the region [5] - The company is pursuing a two-fold strategy of expanding its geographic footprint through joint ventures while also investing in comprehensive solutions for EV manufacturers and drivers [5] Vision and Future Plans - U Power aims to transform EVs into dynamic assets for smart energy grids by investing in next-generation technologies and building intelligent ecosystems that integrate AI-driven solutions [7]

AZOUR, Israel, May 27, 2025 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), a global leader in vehicle telematics, today announced a new service agreement with Stellantis in South America. The contract covers multiple countries in the region and is set for a multi-year period, with the potential for expansion to additional markets and extended service periods. Eyal Sheratzky, co-CEO of Ituran, commented, "We are excited to enter this strategic partnership with Stellantis, bringing our advan ...

目前，文远知行无人扫路机Robosweeper S1已在利雅得第二医疗集群旗下的法赫德国王医疗城开展作 业，这是沙特乃至中东地区首个商业化运营的无人驾驶环卫项目。 5月16日，文远知行宣布在阿联酋首都阿布扎比开启纯无人Robotaxi测试，打造中东地区第一支纯无人 Robotaxi车队。同时，文远知行Robotaxi在阿布扎比的服务范围进一步扩大，新增玛丽亚岛和瑞姆岛等 阿布扎比出行高需求区域。 5月初，文远知行与Uber共同宣布扩大战略合作，计划未来五年将新增15座国际城市，部署Robotaxi服 务，包括欧洲、中东等国际市场。双方于2024年12月在阿布扎比落地Robotaxi自动驾驶出行服务，这是 美国和中国之外规模最大的商业运营Robotaxi车队。2025年4月，文远知行和Uber的合作拓展至迪拜， 打开中东第二城。 （文章来源：广州日报） 5月27日，文远知行公布沙特阿拉伯市场拓展战略。记者了解到，文远知行已在利雅得、埃尔奥拉等沙 特重点城市，测试并部署Robotaxi、Robobus、Robosweeper等自动驾驶产品，为后续在沙特全域范围内 的规模商业化运营奠定基础。 文远知行方面表示，在沙 ...

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were RMB 26.1 million, a decrease compared to Q1 2024 and Q4 2024, primarily driven by decreased sales volume of EH216 series products [31][32] - Gross profit was RMB 16.3 million in Q1, with a gross margin improvement to 62.4% compared to 61.9% in the same period of 2024 and 60.7% in Q4 2024, indicating strong marketing competitiveness and pricing power [32] - Adjusted net loss was RMB 31.1 million in Q1, reflecting a decline in deliveries, but the company expects financial performance to improve as deliveries recover [34][36] Business Line Data and Key Metrics Changes - In Q1 2025, the company delivered 11 units of the EH216S, with the low delivery volume attributed to seasonal slowdown, internal budgeting processes of clients, and deferred orders due to the upcoming OC certification [14][15] - The company is expanding its Yunfu production base, which has doubled in size and will support an annual production capacity of up to 1,000 units once fully operational [16] Market Data and Key Metrics Changes - Following the issuance of operating certificates (OCs), consumer inquiries and order volumes have significantly increased, with expectations for a strong rebound in Q2 [18][19] - Major orders from provinces such as Jilin, Jiangxi, Guizhou, Hainan, Anhui, and Guangdong are expected to convert into deliveries starting in Q2 [19] Company Strategy and Development Direction - The company aims to evolve from manufacturing autonomous aerial vehicles into a comprehensive urban air mobility platform operator, providing a one-stop solution covering aircraft hardware, software, operational services, and standard systems [6] - The company is focused on a phased approach to commercialization, starting with low-risk scenarios like sightseeing flights before expanding into more complex urban air mobility services [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth momentum over the next few quarters, maintaining the annual revenue guidance of RMB 900 million for 2025 [36][39] - The company is committed to safety and is implementing enhanced standards to ensure safe and compliant flight operations as it transitions to commercial operations [19][20] Other Important Information - The company has over 700 issued and pending patent assets worldwide, with nearly half of its team dedicated to R&D, positioning it as a global leader in autonomous flight systems [12] - The company is actively expanding its business into logistics and emergency rescue applications, with specialized UAVs already developed for these use cases [25][26] Q&A Session Summary Question: Outlook on significant growth in sales and deliveries - Management noted that Q1 performance declined due to seasonal impacts and deferred orders, but improvements in Q2 delivery volumes and sales are expected, with large orders converting into contracts [38] Question: Timeline for EH216 owners to obtain OC certificates - Management indicated that the issuance of OCs clarifies regulatory standards, which should reduce application timelines for future operators [41] Question: Competition and staying competitive - Management highlighted that urban air mobility and intercity air transport serve different markets, with the EH216S offering a compact footprint and lower costs compared to competitors [45][46] Question: Updates on production capacity and SG&A expenses - Management confirmed that the Yunfu facility's production capacity will increase to 1,000 units by the end of the year, and they will maintain stringent control on SG&A expense growth [81][83]

在产业转型方面，长治锚定科技前沿赛道。一方面，积极对接长三角、京津冀等创新高地，引进新材料、电子信息、新能源汽车等战略性新兴产业；另一 方面，超前布局量子科技、生物制造、具身智能等未来产业，同时推动传统钢铁、焦化产业向智能化、绿色化转型。值得关注的是，长治高新区将加快建 设"一谷三园"及绿电产业园，以"绿电直供"模式为企业降本增效，探索绿色低碳发展新路径。 为提升科技成果转化效能，方案提出加强科技孵化平台建设，鼓励企业组建创新联合体，加大基础研究投入，力争产出一批原创性科技成果。在招商引资 环节，通过绘制产业图谱，精准对接产业链技术瓶颈，联合科研机构、链主企业开展"一链一图谱"论证，确保引入项目契合科技发展趋势。 在配套设施建设上，长治将新建100万平方米标准厂房，推进分布式光伏应用，为科技企业提供空间与绿色能源保障。同时，深化"预审批"改革，下放省 级58项、市级1377项、县级549项赋权事项，优化"企业投资项目开工一件事"审批流程，降低企业制度性交易成本。 在科技驱动产业变革的浪潮下，长治市日前重磅发布《长治市开发区高质量发展2025年行动方案》，以1200亿元总投资、600个新签约项目为支撑，聚焦 科 ...

Today’s market is highly reactive to headlines, and understandably so. With major developments emerging almost weekly, it’s no surprise investors stay glued to their newswires as the S&P 500 swings in all directions. However useful this may be, the awareness part, there is also a caveat to connecting unrelated themes to one another. This is the case for a major stock in the technology sector, which might be a massive opportunity. Alphabet TodayGOOGLAlphabet$168.47 -2.40 (-1.40%) 52-Week Range$140.53▼$207.0 ...