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15 sites in the frame to become home to the UK’s prototype fusion energy plant

CLAIRE SMITH | May 15, 2021 | 30 views

The UK Atomic Energy Authority (UKAEA) has revealed the long list of sites under consideration for development of the UK’s prototype fusion energy plant.An open call for sites to host the Spherical Tokomak for Energy Production (Step) facility was opened last year and compliance check of those nominated has led to publication of the long list.

According to the UKAEA, moving fusion from research and development to design and delivery is an important part of the UK’s ambition to be a world leader in sustainable, low-carbon energy. Fusion has the potential to provide an abundant source of low-carbon energy by copying the processes that power the sun and stars. UKAEA has said that this new technology will play an important role alongside established renewable technologies such as wind and solar.Step programme director Paul Methven said: “STEP is about building on the amazing science done over decades in fusion and translating that into a real prototype power plant that paves the way for this fantastic new energy source.

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Caboma

Caboma provides cutting-edge digital solutions to forward thinking cies seeking competitive advantage through mass customization. We are a software company and our team is mostly composed of software developers and mechanical engineers. Our main product is a digital platform called SpecifX that allows to instantly customize a 3D model from a scan.

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What is Environmental Engineering?

Article | June 16, 2021

Environmental regulations are tightening, resource extraction sites are nearing the end of their useful lives and must be cleaned up, and the list goes on. Environmental engineers are needed to take advantage of these career opportunities in order to ensure that human impact on the environment is sustainable. But exactly what is environmental engineering? What is Environmental Engineering? Environmental engineering entails both the protection of people from the environment and the protection of the environment from people. Environmental engineers, for example, help to protect people's health from the effects of pollution by designing pollution mitigation systems. When an environmental engineer, on the other hand, designs a system that treats waste to ensure that any spills into groundwater are less toxic, they are protecting the environment from the negative effects of humans. Environmental engineers rely on knowledge from a variety of disciplines, including chemistry, geology, physics, biology, soil science, and others, to complete their work; it is a highly interdisciplinary field. In which industries can environmental engineers work? Environmental engineers work in a wide range of industries and for a wide range of companies due to the wide range of tasks they perform. In this section, we will look at some of the most common areas in which they work. Oil, mining, and forestry are all resource industries that have a significant environmental impact. Companies in these industries frequently hire environmental engineers to minimize the impact these industries have on the environment in order to comply with government environmental regulations. For example, in the mining industry, an environmental engineer may be hired to treat mine waste to make it less toxic. Many environmental engineers go on to work for government agencies, assisting in the verification of companies' compliance with environmental regulations and, in some cases, developing environmental regulations themselves. Public infrastructure projects, such as dams and bridges, are another area where environmental engineers are needed. They are required to ensure that the environmental impact of these projects is kept to a minimum. Environmental engineers are responsible for safeguarding the environment against human impact as well as safeguarding humans against any serious negative effects caused by the environment. They can work in the resource industry, government, education, research, environmental clean-up companies, and engineering consulting firms. Environmental engineers are more needed than ever as stricter environmental regulations take effect around the world and there is a greater need to clean up anything that has a significant impact on the environment.

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CONSTRUCTION

Midyear Deals in Engineering 2022

Article | May 5, 2021

Recent M&A activity has slowed slightly in 2022, owing primarily to economic and geopolitical uncertainty. In the short term, deal activity is expected to remain stable. This continued investment is expected to be driven by capital availability, private equity (PE) investors, and strategic balance sheet strength. Despite a drop in deal volume in the last quarter, deal activity remained consistent with pre-pandemic levels. Volumes in the four quarters ending in the first quarter of 2022 exceeded pre-pandemic levels by 18%. Deal values fell in the last two quarters due to fewer megadeals (deals worth at least $1 billion), as companies became warier of complications arising from government approvals. With the exception of construction machinery, North American activity drove deal volume growth over the last four quarters across all engineering and construction (E & C) subsectors. This region saw a shift toward local, strategic investor transactions, emphasising the impact of global economic headwinds. Prospects for Engineering Transactions Despite headwinds from slowing economic activity, rising interest rates, and cost pressure from rising material costs, increased competition for labor, and ongoing supply chain issues, the outlook for E & C sector deal activity remains positive, driven by the continued availability of capital and bolstered by the Infrastructure Investment and Jobs Act. The recent improvement in the performance of the residential market is expected to continue, owing to historically low interest rates, a housing gap caused by underbuilding over the last decade, the millennial generation entering prime home-buying age, and housing inventory near all-time lows. The non-residential market is expected to expand, but the outlook varies by sector. Transportation, manufacturing, and education are expected to benefit from infrastructure spending, while construction spending on offices and hotels is expected to decline, owing to continued remote working and business travel trends post-pandemic. “E&C deal activity is expected to remain stable due to the Infrastructure Investment and Jobs Act, private equity and corporate dry powder, realignment of end market exposure and acquisition of new technologies to support operations, despite the impact of inflation, supply chain disruption, labor shortages, and the war in Ukraine.” - Danny Bitar, US Engineering and Construction Deals Leader in the United States

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CONSTRUCTION

Industrial Robots Popular for Engineering

Article | July 14, 2022

The report "Global Industrial Robot Market: Analysis by Industry, by Type, by Region, Size and Trends with Impact of COVID-19 and Forecast Up to 2026" valued the global industrial robot market at $33.90 billion in 2021 and projected it to $61.09 billion by 2026. Because of increased productivity and efficiency, lower manufacturing costs, and lower overall product purchase prices. Industry 4.0 has accelerated the development of collaborative robots and artificial intelligence (AI)-enabled robots, allowing industries to streamline processes, increase productivity, and reduce errors. Sectors are investing in robotic systems as the next generation of industrial robots becomes cheaper, autonomous, more mobile, cooperative, and adaptable. During the forecast period of 2022 to 2026, the industrial robot market is expected to grow at a CAGR of 12.50%. The Dynamics of the global industrial robot market Growth Drivers: Automation boosts productivity, raises quality, and decreases errors. Rising automation demand has increased the adoption of robots in various industries, and rising automation demand is a major market driver. The growing electronics industry, rapid installation of industrial robots, high wages, and the growing role of AI in robotics are all expected to drive growth in the industrial robot market. Challenges: The purchase and installation of robots requires significant capital investment, and the benefits provided may take many years to outweigh the initial cost. The high initial investment required for industrial robot-assisted production automation may act as a barrier to the market's growth. Other market challenges include safety concerns and privacy concerns. Trends: The development of collaborative robots, or co-bots, is a growing trend in robotics. Cobots are designed to collaborate with humans and are increasingly being used in industrial applications. Cobots use safety-rated sensors, which allow laborers to work in the same area without being harmed. Other trends that are expected to drive the growth of the engineering industry with the help of robot market during the forecasted period include the use of micro-electromechanical systems (MEMS), the rise of the cloud robotics market, next-generation tech accessories, and job opportunities in industrial robotic advancements.

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MARKET,ENGINEERING TECH

Top Software Engineering Trends That Will Prevail in 2022

Article | July 11, 2022

With the emergence of new technologies and a greater emphasis on customer centricity, businesses are rapidly shifting to intelligent software engineering services to drive innovation across products and services and provide real-life, superior user experiences. Future-ready organizations use next-generation software engineering services wisely to align development requirements with business objectives, accelerate the software lifecycle (from pre-maturity to completion), and optimize software performance. Innovative software engineering solutions can help organizations launch dependable, scalable, and high-quality apps faster, revamp their business models, and build strong and secure IT infrastructures - all while capitalizing on new growth opportunities. Modernization: Customer Centric Apps According to Gartner, by 2022, more than 75% of global organizations will be running containerized applications in production. A container is the entire run-time environment bundled into a single package, including applications, system libraries, configuration files, settings, and other binaries. Containers enable faster development, testing, deployment, and re-engineering of apps across multiple environments, including local laptops, on-premise data centers, and cloud platforms. A Power Up: A Creative Future with Generative AI A new disruptive technology, generative AI, enables organizations to create artifacts that previously required human expertise, allowing for breakthrough innovation in the fields of content, visual arts, design, and other creative activities. In the near future, the technology is expected to revolutionize the field of software engineering. No Code Law: Democratization of Software No code-low code application development platforms will continue to gain traction in organizations. These platforms enable citizen developers – non-technical business users in organizations – to create compelling apps in a more efficient and convenient manner. Rise in Event-Driven Architecture When an event is detected, it is routed through event channels from event producer to event consumer. This allows the services to be decoupled, allowing them to be acted on, scaled, and deployed in a seamless and independent manner. Intelligent software engineering services can be used to launch new products and services in new industries and fields. At Innover, we provide premier software engineering services that assist clients in developing proven, custom applications that customers want, reinventing their core capabilities, and delivering cutting-edge industrial solutions with speed and precision.

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CONSTRUCTION

3 Ways Design Will Change Post-COVID

Article | June 16, 2021

Environmental regulations are tightening, resource extraction sites are nearing the end of their useful lives and must be cleaned up, and the list goes on. Environmental engineers are needed to take advantage of these career opportunities in order to ensure that human impact on the environment is sustainable. But exactly what is environmental engineering? What is Environmental Engineering? Environmental engineering entails both the protection of people from the environment and the protection of the environment from people. Environmental engineers, for example, help to protect people's health from the effects of pollution by designing pollution mitigation systems. When an environmental engineer, on the other hand, designs a system that treats waste to ensure that any spills into groundwater are less toxic, they are protecting the environment from the negative effects of humans. Environmental engineers rely on knowledge from a variety of disciplines, including chemistry, geology, physics, biology, soil science, and others, to complete their work; it is a highly interdisciplinary field. In which industries can environmental engineers work? Environmental engineers work in a wide range of industries and for a wide range of companies due to the wide range of tasks they perform. In this section, we will look at some of the most common areas in which they work. Oil, mining, and forestry are all resource industries that have a significant environmental impact. Companies in these industries frequently hire environmental engineers to minimize the impact these industries have on the environment in order to comply with government environmental regulations. For example, in the mining industry, an environmental engineer may be hired to treat mine waste to make it less toxic. Many environmental engineers go on to work for government agencies, assisting in the verification of companies' compliance with environmental regulations and, in some cases, developing environmental regulations themselves. Public infrastructure projects, such as dams and bridges, are another area where environmental engineers are needed. They are required to ensure that the environmental impact of these projects is kept to a minimum. Environmental engineers are responsible for safeguarding the environment against human impact as well as safeguarding humans against any serious negative effects caused by the environment. They can work in the resource industry, government, education, research, environmental clean-up companies, and engineering consulting firms. Environmental engineers are more needed than ever as stricter environmental regulations take effect around the world and there is a greater need to clean up anything that has a significant impact on the environment.

Read More
CONSTRUCTION

The Risks, Barriers and Opportunities of BIM

Article | May 5, 2021

Recent M&A activity has slowed slightly in 2022, owing primarily to economic and geopolitical uncertainty. In the short term, deal activity is expected to remain stable. This continued investment is expected to be driven by capital availability, private equity (PE) investors, and strategic balance sheet strength. Despite a drop in deal volume in the last quarter, deal activity remained consistent with pre-pandemic levels. Volumes in the four quarters ending in the first quarter of 2022 exceeded pre-pandemic levels by 18%. Deal values fell in the last two quarters due to fewer megadeals (deals worth at least $1 billion), as companies became warier of complications arising from government approvals. With the exception of construction machinery, North American activity drove deal volume growth over the last four quarters across all engineering and construction (E & C) subsectors. This region saw a shift toward local, strategic investor transactions, emphasising the impact of global economic headwinds. Prospects for Engineering Transactions Despite headwinds from slowing economic activity, rising interest rates, and cost pressure from rising material costs, increased competition for labor, and ongoing supply chain issues, the outlook for E & C sector deal activity remains positive, driven by the continued availability of capital and bolstered by the Infrastructure Investment and Jobs Act. The recent improvement in the performance of the residential market is expected to continue, owing to historically low interest rates, a housing gap caused by underbuilding over the last decade, the millennial generation entering prime home-buying age, and housing inventory near all-time lows. The non-residential market is expected to expand, but the outlook varies by sector. Transportation, manufacturing, and education are expected to benefit from infrastructure spending, while construction spending on offices and hotels is expected to decline, owing to continued remote working and business travel trends post-pandemic. “E&C deal activity is expected to remain stable due to the Infrastructure Investment and Jobs Act, private equity and corporate dry powder, realignment of end market exposure and acquisition of new technologies to support operations, despite the impact of inflation, supply chain disruption, labor shortages, and the war in Ukraine.” - Danny Bitar, US Engineering and Construction Deals Leader in the United States

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CONSTRUCTION

Zero-Energy Buildings: An Engineering Solution for Ecosystem

Article | July 14, 2022

The report "Global Industrial Robot Market: Analysis by Industry, by Type, by Region, Size and Trends with Impact of COVID-19 and Forecast Up to 2026" valued the global industrial robot market at $33.90 billion in 2021 and projected it to $61.09 billion by 2026. Because of increased productivity and efficiency, lower manufacturing costs, and lower overall product purchase prices. Industry 4.0 has accelerated the development of collaborative robots and artificial intelligence (AI)-enabled robots, allowing industries to streamline processes, increase productivity, and reduce errors. Sectors are investing in robotic systems as the next generation of industrial robots becomes cheaper, autonomous, more mobile, cooperative, and adaptable. During the forecast period of 2022 to 2026, the industrial robot market is expected to grow at a CAGR of 12.50%. The Dynamics of the global industrial robot market Growth Drivers: Automation boosts productivity, raises quality, and decreases errors. Rising automation demand has increased the adoption of robots in various industries, and rising automation demand is a major market driver. The growing electronics industry, rapid installation of industrial robots, high wages, and the growing role of AI in robotics are all expected to drive growth in the industrial robot market. Challenges: The purchase and installation of robots requires significant capital investment, and the benefits provided may take many years to outweigh the initial cost. The high initial investment required for industrial robot-assisted production automation may act as a barrier to the market's growth. Other market challenges include safety concerns and privacy concerns. Trends: The development of collaborative robots, or co-bots, is a growing trend in robotics. Cobots are designed to collaborate with humans and are increasingly being used in industrial applications. Cobots use safety-rated sensors, which allow laborers to work in the same area without being harmed. Other trends that are expected to drive the growth of the engineering industry with the help of robot market during the forecasted period include the use of micro-electromechanical systems (MEMS), the rise of the cloud robotics market, next-generation tech accessories, and job opportunities in industrial robotic advancements.

Read More
MARKET,ENGINEERING TECH

Top Software Engineering Trends That Will Prevail in 2022

Article | July 11, 2022

With the emergence of new technologies and a greater emphasis on customer centricity, businesses are rapidly shifting to intelligent software engineering services to drive innovation across products and services and provide real-life, superior user experiences. Future-ready organizations use next-generation software engineering services wisely to align development requirements with business objectives, accelerate the software lifecycle (from pre-maturity to completion), and optimize software performance. Innovative software engineering solutions can help organizations launch dependable, scalable, and high-quality apps faster, revamp their business models, and build strong and secure IT infrastructures - all while capitalizing on new growth opportunities. Modernization: Customer Centric Apps According to Gartner, by 2022, more than 75% of global organizations will be running containerized applications in production. A container is the entire run-time environment bundled into a single package, including applications, system libraries, configuration files, settings, and other binaries. Containers enable faster development, testing, deployment, and re-engineering of apps across multiple environments, including local laptops, on-premise data centers, and cloud platforms. A Power Up: A Creative Future with Generative AI A new disruptive technology, generative AI, enables organizations to create artifacts that previously required human expertise, allowing for breakthrough innovation in the fields of content, visual arts, design, and other creative activities. In the near future, the technology is expected to revolutionize the field of software engineering. No Code Law: Democratization of Software No code-low code application development platforms will continue to gain traction in organizations. These platforms enable citizen developers – non-technical business users in organizations – to create compelling apps in a more efficient and convenient manner. Rise in Event-Driven Architecture When an event is detected, it is routed through event channels from event producer to event consumer. This allows the services to be decoupled, allowing them to be acted on, scaled, and deployed in a seamless and independent manner. Intelligent software engineering services can be used to launch new products and services in new industries and fields. At Innover, we provide premier software engineering services that assist clients in developing proven, custom applications that customers want, reinventing their core capabilities, and delivering cutting-edge industrial solutions with speed and precision.

Read More
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Spotlight

Caboma

Caboma provides cutting-edge digital solutions to forward thinking cies seeking competitive advantage through mass customization. We are a software company and our team is mostly composed of software developers and mechanical engineers. Our main product is a digital platform called SpecifX that allows to instantly customize a 3D model from a scan.

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Black Buffalo 3D Announces Strategic Partnership with Presidio Advisors for 3D Construction Printing in the Middle East

Black Buffalo 3D Corporation | August 04, 2022

Black Buffalo 3D Corporation has announced a strategic partnership agreement with Presidio, granting Presidio Advisors distribution rights for Black Buffalo 3D's NEXCON 3D construction printers, structural inks and related equipment in the Middle East. This partnership strengthens the ability of Black Buffalo 3D to address growing global demand for its large-scale 3D construction equipment and materials. Black Buffalo 3D continues to establish itself as a leader in construction technology and materials science. Over the past few years, the company has developed large scale modular 3D construction printers and the world's first structural concrete "ink" designed to meet requirements for ICC-ES AC-509 testing. Black Buffalo 3D continues to innovate its equipment and materials to increase 3D printing adoption in the construction industry. The company's NEXCON printers are being sold currently, and partnerships such as this will accelerate adoption of this new technology globally. Presidio is focused on innovation in the real estate and construction sector, including leveraging technology, robotics and blockchain to modernize and scale the industry. Presidio supports rapid, lower cost construction and sustainable development. Their initial regional focus will be on the Saudi, Turkey, North Africa, UAE, and Egyptian markets. "Presidio brings with it a wealth of expertise in sales, distribution, and promotion of new technology in the Middle East. This agreement will allow us to better serve companies looking to move into 3D construction with local representation and support as we grow Black Buffalo 3D's global footprint." -Michael Woods, CEO/COO of Black Buffalo 3D. Presidio's Chief of Innovation Jourdan Younis states, The Middle East has a huge demand for efficient, low-cost sustainable housing development. Presidio's 15+ years of expertise in innovative sustainable construction and technical design in the region make Presidio and Black Buffalo ideal partners to further the global expansion of the company. We will meet this demand head-on with the rapid scaling and deployment of 3D construction printers and technology. About Black Buffalo 3D Corporation: Black Buffalo 3D Corporation is the PA based subsidiary of Big Sun Holdings Group, Inc.—with locations in Pennsylvania, New Jersey, and New York. Black Buffalo 3D is poised to revolutionize construction and become the leading global provider of 3D construction printers (3DCP) from one to 3 stories, proprietary construction "ink" (Planitop 3D) and 3D print construction consulting services. NEXCON printers are now available for rent, lease, financing, and purchase globally. Print smart and sustainable infrastructure on-demand with Black Buffalo 3D NEXCON printers. About Presidio Advisors DWC, LLC: Presidio' Advisors' Venture Capital and Advisory teams give us the opportunity to work with people who mirror our commitment to transforming the Built Environment. Presidio is a leader in using and investing in companies that utilize Artificial Intelligence (AI), Machine Learning, and robotics to help revolutionize the way we think about buildings and sustainability. We do this by consulting for and partnering with highly promising companies that are changing their industries in the EMEA region. Presidio specializes in the CleanTech, PropTech and renewable energy sectors, and has a wealth of experience in supporting early-stage existing businesses and in facilitating the growth of pioneering projects.

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Colliers acquires leading Australian engineering services firm

Colliers | August 08, 2022

Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and integrate into Colliers’ existing Australian operations. Terms of the transaction were not disclosed. Founded in 2016, with more than 100 professionals operating from five offices in Australia, PEAKURBAN specializes in shaping communities with a focus on planning, due diligence, and engineering and design services for residential and mixed-use developments, civil infrastructure, water and wastewater, and industrial sectors. “Building on our continued success in the U.S., PEAKURBAN represents the first international acquisition for our Colliers Engineering & Design business, Our differentiated approach continues to attract best-in-class firms who value our unique partnership model and long-term growth horizon, and who wish to thrive within our decentralised model and enterprising culture.” -Elias Mulamoottil, Co-Chief Investment Officer of Colliers. The expansion of Colliers Engineering & Design into Australia will complement our existing Project Management and Strategic Advisory capability and enhance our service offerings to unlock opportunities and accelerate growth for our clients and people, said John Kenny, CEO Colliers Asia Pacific. PEAKURBAN’s values and culture align strongly with ours and we are delighted to welcome these talented professionals to our organisation. "Joining one of the most respected professional services organizations globally is an important step for us, Our reputation for developing commercially smart and practical engineering and planning solutions, combined with Colliers’ deep infrastructure, enterprising culture and impressive performance over many years, will help create the best outcomes for our clients and people.” -Brent Thomas, Co-Founder and Managing Director of PEAKURBAN. About Colliers: Colliers is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $77 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.

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Saulsbury Industries Expands, Opening an Engineering and Operations Hub in Houston, Texas

Saulsbury Industries | August 05, 2022

Saulsbury Industries, a full-service engineering, procurement, and construction (EPC) company, recently opened an engineering and operations hub in Houston, Texas. This location will support multiple Saulsbury business lines, including oil and gas, tanks/terminals, hydrocarbon processing, refining, renewables, and chemicals. Saulsbury, with over 55 years of experience, is a trusted provider of full EPC and construction-only solutions, as well as service offerings for stand-alone E&I and field services work. "We are very excited to be opening our Houston office, This decision reflects our commitment to both the city and the broader Gulf Coast region. Our Houston office will enhance our ability to reach new clients as well as employees as Saulsbury continues to expand our engineering and operations across a broad spectrum of industries." -Chat York, Saulsbury's President and Chief Executive Officer. Saulsbury will also offer supporting services for front-end engineering, AFE estimating and scoping support, as well as general maintenance and facility upgrade services. The company will use this location to expand its repeat-business model with clients through hands-on leadership, successful project results, and an industry-leading safety program. "This is the next step in our build-out plan for the Gulf Coast region, Our client base has significantly expanded in the area, and we are looking forward to continued growth as we expand the Saulsbury footprint. Houston has long been a tremendous recruiting ground, with a deep base of skilled engineers, technical experts, and experienced construction talent. Saulsbury is looking forward to establishing an even stronger presence in the Houston area, working with our clients to execute projects safely and at the highest level." -Jimmy Matthews, Saulsbury's Chief Operating Officer. About Saulsbury Industries: Saulsbury Industries is a full-service engineering, procurement, fabrication, and construction company that specializes in building the infrastructure necessary to fuel the future. Saulsbury serves its clients in heavy industrial and renewables markets by designing and building safe, well executed, capital-efficient projects nationwide. Headquartered in Odessa, Texas, the company's national office footprint includes Houston, Port Arthur, Henderson, Abilene, Pecos, and Corpus Christi, TX; Carlsbad, NM; Tulsa, OK; and Bismarck, ND.

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Black Buffalo 3D Announces Strategic Partnership with Presidio Advisors for 3D Construction Printing in the Middle East

Black Buffalo 3D Corporation | August 04, 2022

Black Buffalo 3D Corporation has announced a strategic partnership agreement with Presidio, granting Presidio Advisors distribution rights for Black Buffalo 3D's NEXCON 3D construction printers, structural inks and related equipment in the Middle East. This partnership strengthens the ability of Black Buffalo 3D to address growing global demand for its large-scale 3D construction equipment and materials. Black Buffalo 3D continues to establish itself as a leader in construction technology and materials science. Over the past few years, the company has developed large scale modular 3D construction printers and the world's first structural concrete "ink" designed to meet requirements for ICC-ES AC-509 testing. Black Buffalo 3D continues to innovate its equipment and materials to increase 3D printing adoption in the construction industry. The company's NEXCON printers are being sold currently, and partnerships such as this will accelerate adoption of this new technology globally. Presidio is focused on innovation in the real estate and construction sector, including leveraging technology, robotics and blockchain to modernize and scale the industry. Presidio supports rapid, lower cost construction and sustainable development. Their initial regional focus will be on the Saudi, Turkey, North Africa, UAE, and Egyptian markets. "Presidio brings with it a wealth of expertise in sales, distribution, and promotion of new technology in the Middle East. This agreement will allow us to better serve companies looking to move into 3D construction with local representation and support as we grow Black Buffalo 3D's global footprint." -Michael Woods, CEO/COO of Black Buffalo 3D. Presidio's Chief of Innovation Jourdan Younis states, The Middle East has a huge demand for efficient, low-cost sustainable housing development. Presidio's 15+ years of expertise in innovative sustainable construction and technical design in the region make Presidio and Black Buffalo ideal partners to further the global expansion of the company. We will meet this demand head-on with the rapid scaling and deployment of 3D construction printers and technology. About Black Buffalo 3D Corporation: Black Buffalo 3D Corporation is the PA based subsidiary of Big Sun Holdings Group, Inc.—with locations in Pennsylvania, New Jersey, and New York. Black Buffalo 3D is poised to revolutionize construction and become the leading global provider of 3D construction printers (3DCP) from one to 3 stories, proprietary construction "ink" (Planitop 3D) and 3D print construction consulting services. NEXCON printers are now available for rent, lease, financing, and purchase globally. Print smart and sustainable infrastructure on-demand with Black Buffalo 3D NEXCON printers. About Presidio Advisors DWC, LLC: Presidio' Advisors' Venture Capital and Advisory teams give us the opportunity to work with people who mirror our commitment to transforming the Built Environment. Presidio is a leader in using and investing in companies that utilize Artificial Intelligence (AI), Machine Learning, and robotics to help revolutionize the way we think about buildings and sustainability. We do this by consulting for and partnering with highly promising companies that are changing their industries in the EMEA region. Presidio specializes in the CleanTech, PropTech and renewable energy sectors, and has a wealth of experience in supporting early-stage existing businesses and in facilitating the growth of pioneering projects.

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Colliers acquires leading Australian engineering services firm

Colliers | August 08, 2022

Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and integrate into Colliers’ existing Australian operations. Terms of the transaction were not disclosed. Founded in 2016, with more than 100 professionals operating from five offices in Australia, PEAKURBAN specializes in shaping communities with a focus on planning, due diligence, and engineering and design services for residential and mixed-use developments, civil infrastructure, water and wastewater, and industrial sectors. “Building on our continued success in the U.S., PEAKURBAN represents the first international acquisition for our Colliers Engineering & Design business, Our differentiated approach continues to attract best-in-class firms who value our unique partnership model and long-term growth horizon, and who wish to thrive within our decentralised model and enterprising culture.” -Elias Mulamoottil, Co-Chief Investment Officer of Colliers. The expansion of Colliers Engineering & Design into Australia will complement our existing Project Management and Strategic Advisory capability and enhance our service offerings to unlock opportunities and accelerate growth for our clients and people, said John Kenny, CEO Colliers Asia Pacific. PEAKURBAN’s values and culture align strongly with ours and we are delighted to welcome these talented professionals to our organisation. "Joining one of the most respected professional services organizations globally is an important step for us, Our reputation for developing commercially smart and practical engineering and planning solutions, combined with Colliers’ deep infrastructure, enterprising culture and impressive performance over many years, will help create the best outcomes for our clients and people.” -Brent Thomas, Co-Founder and Managing Director of PEAKURBAN. About Colliers: Colliers is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $77 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.

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Saulsbury Industries Expands, Opening an Engineering and Operations Hub in Houston, Texas

Saulsbury Industries | August 05, 2022

Saulsbury Industries, a full-service engineering, procurement, and construction (EPC) company, recently opened an engineering and operations hub in Houston, Texas. This location will support multiple Saulsbury business lines, including oil and gas, tanks/terminals, hydrocarbon processing, refining, renewables, and chemicals. Saulsbury, with over 55 years of experience, is a trusted provider of full EPC and construction-only solutions, as well as service offerings for stand-alone E&I and field services work. "We are very excited to be opening our Houston office, This decision reflects our commitment to both the city and the broader Gulf Coast region. Our Houston office will enhance our ability to reach new clients as well as employees as Saulsbury continues to expand our engineering and operations across a broad spectrum of industries." -Chat York, Saulsbury's President and Chief Executive Officer. Saulsbury will also offer supporting services for front-end engineering, AFE estimating and scoping support, as well as general maintenance and facility upgrade services. The company will use this location to expand its repeat-business model with clients through hands-on leadership, successful project results, and an industry-leading safety program. "This is the next step in our build-out plan for the Gulf Coast region, Our client base has significantly expanded in the area, and we are looking forward to continued growth as we expand the Saulsbury footprint. Houston has long been a tremendous recruiting ground, with a deep base of skilled engineers, technical experts, and experienced construction talent. Saulsbury is looking forward to establishing an even stronger presence in the Houston area, working with our clients to execute projects safely and at the highest level." -Jimmy Matthews, Saulsbury's Chief Operating Officer. About Saulsbury Industries: Saulsbury Industries is a full-service engineering, procurement, fabrication, and construction company that specializes in building the infrastructure necessary to fuel the future. Saulsbury serves its clients in heavy industrial and renewables markets by designing and building safe, well executed, capital-efficient projects nationwide. Headquartered in Odessa, Texas, the company's national office footprint includes Houston, Port Arthur, Henderson, Abilene, Pecos, and Corpus Christi, TX; Carlsbad, NM; Tulsa, OK; and Bismarck, ND.

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