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14-year-old Combines Origami and Physics to Engineer Foldable Structures for Disaster Relief Shelters; Wins $25,000 Top Award at Thermo Fisher Scientific Junior Innovators Challenge
Globenewswire· 2025-10-29 02:17
Core Insights - The Thermo Fisher Scientific Junior Innovators Challenge (Thermo Fisher JIC) is a prominent STEM competition for middle school students, with a focus on inspiring young talent in science, technology, engineering, and mathematics [1][3][9] Group 1: Competition Overview - The competition reached 60,000 middle school students across the U.S., with 30 finalists selected from nearly 2,000 applicants from 48 states and territories [3] - The top prize, the $25,000 Thermo Fisher Scientific ASCEND Award, was awarded to Miles Wu for his innovative research on origami-inspired engineering [1][2] - The finalists collectively received over $100,000 in awards during the ceremony [3] Group 2: Research Highlights - Miles Wu's project involved testing 54 variations of the Miura-ori fold, demonstrating that designs with smaller panels and steeper angles could support over 9,000 times their own weight, with potential applications in disaster relief [2] - Other notable projects included Akhil Nagori's development of glasses that translate text to speech for visually impaired students, and Peter Fernández Dulay's examination of AI biases in science [5][6] Group 3: Awards and Recognition - In addition to the top prizes, first-place winners in each STEM category received $3,500, while second-place winners received $2,500 to support STEM summer camp experiences [11] - The Team Award recognized a group for their collaborative problem-solving skills, with each member receiving a $200 gift card for science supplies [12] Group 4: Organizational Commitment - Thermo Fisher Scientific's sponsorship of the Junior Innovators Challenge reflects its commitment to broadening access to STEM education, with significant investments in school-based programs and employee volunteer efforts [9][10] - The Society for Science, which organizes the competition, aims to promote understanding and appreciation of science, ensuring opportunities for students to pursue STEM careers [14][15]
Thermo Fisher Scientific Inc. (NYSE:TMO) Surpasses Earnings and Revenue Estimates
Financial Modeling Prep· 2025-10-22 16:00
Core Insights - Thermo Fisher Scientific Inc. reported strong financial results for the third quarter, with earnings per share (EPS) of $5.79, exceeding the estimated $5.50 [1][5] - The company's revenue reached approximately $11.12 billion, surpassing the forecasted $10.91 billion, reflecting a 5% increase [2][5] - The adjusted EPS grew by 10%, indicating improved profitability while maintaining a consistent GAAP diluted EPS of $4.27 from the previous year [2] Financial Metrics - The company has a price-to-earnings (P/E) ratio of about 32.04, indicating investor willingness to pay for earnings [3] - The price-to-sales ratio is approximately 4.88, and the enterprise value to sales ratio stands at 5.59 [3] - The enterprise value to operating cash flow ratio is around 31.85, providing insight into the company's valuation [3] Financial Stability - Thermo Fisher's earnings yield is 3.12%, reflecting earnings generated from each dollar invested in its stock [4] - The company maintains a moderate debt-to-equity ratio of 0.70, indicating a balanced level of debt relative to equity [4] - A current ratio of 1.93 demonstrates a strong ability to cover short-term liabilities with short-term assets, showcasing financial stability [4][5]