Tata Elxsi awarded global services deal from Aesculap AG for medical device engineering

Tata Elxsi | October 28, 2020

Tata Elxsi, a global design and technology services company, announces the opening of a Global Engineering Center (GEC) with Aesculap AG, a subsidiary of B. Braun, one of the world´s leading manufacturers of medical devices and pharmaceutical products and services.  Tata Elxsi has been selected as the global engineering services partner by Aesculap. The GEC is part of a strategic multi-year engagement in the field of engineering services. The GEC serves as a platform of talent and expertise for product design & engineering, regulatory support and clinical evaluation services. This center will be essential to accelerate innovation, drive the transformation and growth for Aesculap's medical business.

Spotlight

“This investment is a key component of ABEC’s broader strategy to deliver integrated process solutions on a global basis. The Fermoy facility will increase our capacity and allow us to better support our growing customer base in Ireland and Europe. We sincerely appreciate the support of the IDA as we establish our unique capabilities in Ireland.”


Other News
CONSTRUCTION

Leading Provider of Construction Systems Chooses Piedmont’s Atlanta Galleria for New Corporate Headquarters

Piedmont Office Realty Trust | March 28, 2022

Piedmont Office Realty Trust, Inc. an owner of Class A office properties located primarily in the Sunbelt, today announced that it has signed a 50,000 square-foot lease through 2034 with a leading provider of construction systems. The company will move its global headquarters to 600 Galleria Parkway, one of five buildings owned by Piedmont and known as the Atlanta Galleria Office Park. “We are thrilled that Atlanta Galleria has been selected for a new worldwide headquarters location, Galleria’s vibrant environment, along with its unmatched, recently modernized onsite amenity set, and superior accessibility make it the ideal location for innovative companies that are looking to recruit and retain valuable talent in today’s competitive workplace.” Alex Valente, Piedmont’s local Executive Vice President Conveniently and uniquely connected to Truist Park and The Battery by a pedestrian bridge, the Atlanta Galleria Office Park’s 2.1 million square feet include five office buildings and three development sites surrounding a 6-acre, centrally located park, all with skyline views and with prominent visibility and direct access to major thoroughfares, I-75 and I-285. The Galleria also includes amenities such as a large, updated, on-site fitness facility, restaurants, and access to the Renaissance Waverly Hotel & Convention Center, as well as expansive outdoor collaboration space. Building 600 offers prominent signage opportunities facing I-75 and I-285. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody’s (Baa2). Piedmont is a 2021 ENERGY STAR Partner of the Year.

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ENGINEERING TECH

Japan's Largest Construction Company, Obayashi, Selects Innoviz's LiDAR for its New Proprietary Automatic Tower Crane System

Obayashi Corporation | December 18, 2021

Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance solid-state LiDAR sensors, and Obayashi Corporation (TYO: 1802), a major Japanese construction company, announced Obayashi's development of an automated tower crane system that utilizes Innoviz's LiDAR sensors. Obayashi's automated tower crane system is part of its recently announced autonomous solutions for excavation equipment, construction of concrete dams and backhoe loaders.Obayashi began using Innoviz's LiDAR on their sites in 2018 and is currently in the process of developing a full-scale system for building sites throughout Japan. Obayashi's recognition software extracts the data generated by Innoviz's LiDAR to measure the exact distance from objects and identify people and equipment in construction areas. Obayashi's system uses the data to send a series of step-by-step warnings to the crane operator, which enhances safety and enables a more streamlined and efficient process. Using Innoviz's LiDAR together with Obayashi's proprietary software has resulted in substantial savings related to the manual operation of the crane. Obayashi's engineering team said: Obayashi has been testing Innoviz's products for three years now, and we have great confidence in the company's solutions. We are very satisfied with Innoviz's LiDAR performance, reliability, and durability. "We were thrilled to see the result of Obayashi's use of our LiDAR. This is a cutting-edge solution and a true testimony that our LiDAR can be used in a significant number of use cases. We believe we will see more partnerships like this come to fruition. Additionally, we're grateful to our distributor and partner, Macnica, for connecting us with Obayashi's innovative team." -Omer Keilaf, Co-founder and CEO of Innoviz Technologies Innoviz is represented in Japan by Macnica, the country's largest distribution company. About Obayashi Corporation Obayashi Corporation was established in 1892 and is one of the five super general contractors in Japan. Its main business is construction, including regional development, urban development, resource and energy development, and environmental development, as well as civil engineering, including research, surveying, planning, devising, design, and supervision. The company has approximately 15,000 employees and 21 offices in 14 countries. The company has a high level of technology backed by history and tradition, and actively introduces new technologies. For more information on Obayashi's autonomous solutions, please click here.www.obayashi.co.jp About Macnica, Inc. Since its establishment in 1972, Macnica has been providing leading-edge semiconductors, electronic devices, networking and cyber security products with added technological value. In recent years, Macnica has been developing new businesses in the fields of AI/IoT, automated driving, and robotics, based on its traditional strengths of global sourcing of cutting-edge technologies and technology planning. The company is headquartered in Yokohama, Japan, and conducts global business based on 85 offices in 23 countries around the world. For more information, please visit Macnica's website at www.macnica.com. About Innoviz Technologies Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been elected both by an internationally-recognized premium car brand for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit www.innoviz.tech.

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DESIGN

Patented DatavaultⓇ Technology Enables Metaverse Art Gallery And Mints Featured Artists NFTs At Inaugural World Art Forum In Egypt

Saphira & Ventura | January 17, 2022

Data Vault Holdings Inc., leading the way in tokenomics and metaverse data visualization, valuation, and monetization, announced it has developed a metaverse art gallery in collaboration with the inaugural international art event World Art Forum, hosted by the National Museum of Egyptian Civilization. The patented DatavaultⓇ platform mints NFTs of participating artists in support of the United Nations' Sustainable Development Goals (SDGs) through art in Egypt and the world. The gallery proves the resourcefulness of NFTs–in its transformation of data objects through the metaverse–to create new digital assets from existing works. It will also showcase ADIO's data packet technology to create custom call-to-actions within the NFT art itself. The World Art Forum will take place in Cairo, Egypt at the National Museum of Egyptian Civilization from January 15-19, 2022. "We couldn't have envisioned just a few years ago the heights that NFTs would reach in their potential to not only improve the financial stability of artists, but also to address the social ills in the world. Sustainability and our collective carbon footprint are issues that the metaverse have helped to address. Through NFT art, DatavaultⓇ can effortlessly repurpose art to reduce, reuse, and recycle materials via our patented technology. What this exhibit's attendees, artists, owners, and collectors will witness is the emerging capability of NFT art to provide sustainable alternatives for creators, and the NFT market overall," -Nathaniel Bradley, co-founder and CEO of Data Vault Holdings. The World Art Forum, open to the public, will feature more than 150 pieces and sculptures from 27 countries. Art will be represented by more than 20 local, regional, and international galleries. The event will showcase NFTs minted by DatavaultⓇ from cultural centers in Africa, Europe, Asia, the United States, and the Middle East. Datavault's novel technology will mint NFTs of distinguished artists in painting, ceramics, sculpture, and visual arts. Artists include: Heidi Fosli (Norway), Abinoro Akporode Collins (Nigeria), Giorio Piccaia (Italy), Jorg Van Daele (Belgium), Larissa Noury (France), Wissam Fahmy (Egypt), and Ahmed Nawar (Egypt). The works will be featured alongside more than 1,000 anticipated visitors over the course of the five-day event, which will also include guest panelists across the fields of government, the arts, and global development. Datavault's metaverse gallery will provide a successful proof-of-concept for the utility of NFTs as a sustainable, revenue-generating art form for artists, collectors, and owners. DatavaultⓇ adds another layer to the Data Revolution through its support of the UN's Sustainable Development Goals (SDGs) in conjunction with the United Nations Representative Office In Egypt. Datavault's metaverse gallery will help to specifically promote SDG #17, which focuses on building partnerships among artists, development partners, and organizations to integrate art with the fundamental social issues of today–issues such as equality, women's empowerment, and cultural dialogue. Additionally, Datavault's patented platform offers a securitized digital item that provides continual royalties and residual income. DatavaultⓇ will also further authenticate the minted NFTs through the use of ADIO's proprietary data packet technology. Previously, DatavaultⓇ laid the groundwork for the multidisciplinary World Art Forum collaboration through the platform's inaugural metaverse gallery last month at the global art fair Art Basel Miami Beach, hosted December 2-5. DatavaultⓇ demonstrated its patented crypto technology creating NFTs from original works of featured artists from around the world, as digital art for purchase. Also last month, DatavaultⓇ completed the full metaverse exhibition "NFTs: Timeless and Ancient Art Exhibition", in collaboration with the New York art gallery Saphira & Ventura from December 28-30. This exhibit provided an accessible means for experiencing new and existing monetization capabilities within the emerging NFT space, through the minting of NFTs from participating artists' works as well as ancient masterpieces. Moreover, Saphira & Ventura will participate in this year's World Art Forum as one of more than 20 featured art galleries. Starting January 15, in collaboration with the World Art Forum, DatavaultⓇ will leverage the potential within the metaverse and use art as a universal language to promote artistic expression, financial viability, and sustainable development. DatavaultⓇ has only begun to tap into the limitless possibility of NFTs across mediums and locations. About the World Art Forum The World Art Forum aims to use art to connect global regions, artists, and galleries; establish partnerships among them; and facilitate integration between art and societal issues. The event features artists from around the world who share the goal of raising awareness about global issues and establishing a more sustainable future. This year's inaugural event will be under the auspices of the Egyptian government in partnership with the United Nations Representative Office in Egypt. Learn more about the World Art Forum here. About Data Vault Holdings Inc. Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of branded data-backed cryptocurrencies. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange™ (IDE). The company is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly-owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. here. About Datavault Inc. Datavault Inc. holds a patented, cloud-based technology that transforms the way in which businesses value and trade data. The Datavault Inc. team has transferred decades of experience in enterprise solutions, blockchain technology, and digital security to help clients transact data objects in real time. Datavault Inc. holds the Information Data Exchange™ (IDE), a first-of-its-kind exchange that enables registered buyers and sellers to trade data objects for cash or other monetary assets, including cryptocurrencies. Learn more about Datavault Inc. here. About ADIO LLC ADIO LLC has developed a breakthrough ad-driven monetization platform that enhances user experience through high-frequency audio advertising. ADIO uses its patented pioneering data pocket technology to integrate into an audio file for a more robust user experience. Learn more about ADIO LLC here. About Saphira & Ventura Saphira & Ventura Art Design Architecture, is a global talent management network focused on art, design and architecture as well as alternative forms of expression such as NFTs, working with artists and cultural creators from various countries. Saphira & Ventura Art Design Architecture challenges the traditional perception of the meaning of art, fashion, design, and customs, seeing through the lens of inclusion, purpose, and positive self-expression. In this spirit, the Saphira & Ventura group is bringing new technologies to seek, develop and validate its scalable business model, improve transactions through the use of blockchain technology, and enhance the user experience. Learn more about Saphira & Ventura here.

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ENGINEERING TECH

Rio Grande Pacific Corporation Announces Engineering and Construction Teams for Uinta Basin Railway Project

RGPC | May 16, 2022

Rio Grande Pacific Corporation through its Rio Grande Pacific Group portfolio company Basin Railway Constructors, LLC (“BRC”) announced today it has selected the engineering and construction firms for the final engineering and construction of the Uinta Basin Railway, the 85-mile-long common-carrier railway that will provide the first-ever common-carrier railway service to northeastern Utah’s Uinta Basin region. Construction and operation of the Uinta Basin Railway project was authorized by the U.S. Surface Transportation Board on December 15, 2021. The railway will serve mineral, energy, agricultural, construction, and manufacturing industries in the Uinta Basin. The railway project was initiated by the Seven County Infrastructure Coalition, a political subdivision of the State of Utah, in 2018. The Ute Indian Tribe of the Uintah and Ouray Reservation is an equity partner in the railway. Engineering and Construction firms that were selected are: AECOM will deliver final design of the railway exclusive of it tunnels. AECOM is the No. 1 engineering firm worldwide (in terms of revenue) per Engineering News-Record (ENR). Skanska-WW Clyde Joint Venture will deliver construction of the railway exclusive of its tunnels. Skanska is the No. 5 construction firm worldwide per ENR. WW Clyde is the largest locally owned heavy civil contractor in the state of Utah and has constructed a substantial portion of Utah’s major transportation infrastructure since 1926. Obayashi Corporation will deliver final design and construction of the railway’s tunnels. Obayashi is the No. 15 construction firm worldwide per ENR and is globally recognized for tunneling expertise. RGPC Chairman and Chief Executive Officer Richard Bertel stated, “We are pleased to award engineering and construction of the Uinta Basin Railway project to AECOM, Skanska-Clyde, and Obayashi. Numerous qualified and technically proficient engineering and construction firms, including most of the major firms in the U.S., pursued the Uinta Basin Railway project, and provided to us high-quality and creative responses. AECOM, Skanska-Clyde, and Obayashi provided the best fit to our project objectives of the firms we interviewed.” “WW Clyde since 1926 has been known as a premier heavy civil contractor in Utah and the Intermountain West. We’re thrilled to be chosen for the largest new railroad construction project in the U.S. since the 1970s. We’re excited to be a part of creating new jobs and economic opportunities for rural Utah.” WW Clyde Area Manager Garrett McMullin A key selection criterion for RGPC was the commitment of AECOM, Skanska-Clyde, and Obayashi to a tribal and local hiring preference, and to include within their teams to the greatest degree practical the construction and engineering firms located within the Uinta Basin and the counties of the Seven County Infrastructure Coalition. About Rio Grande Pacific Corporation Rio Grande Pacific Corporation (RGPC) is a privately held, Fort Worth, Texas-based holding company for regional freight railroads. Through its various subsidiaries, RGPC provides a comprehensive suite of services to the railway industry, including railway development, engineering, and project management, passenger railway operations and maintenance, railway track maintenance equipment remanufacturing, railway dispatching services, industrial switching. RGPC portfolio companies provide services to Class I, regional and short line railroads, passenger transit agencies, and rail-served industries across the United States. Our properties serve many Fortune 500 firms and move a diverse mixture of commodities in the agricultural, chemical, lumber, mineral, energy, and recycling industries. These initiatives offer diversification across the industry spectrum through synergistic businesses and relationships. RGPC provides international railway consulting service for clients worldwide, including on five continents to date, and evaluates major greenfield railway projects for its clients as well as our own portfolio. During the 36 years since our founding, we have focused on building a business known for its proactive approach to engaging communities; strong, strategic partnerships with our customers and our communities; efficient, safe train handling operations and transportation solutions; and excellent customer service. Internally, our company focuses on attracting strong team players who bring innovative, creative thinking and a willingness to go the extra mile to the table. This entrepreneurial and often non-conformist style translates into a growth plan that is strong, yet stable. As a result, Rio Grande Pacific continues to evolve to meet the demands of a dynamic railroad industry.

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Spotlight

“This investment is a key component of ABEC’s broader strategy to deliver integrated process solutions on a global basis. The Fermoy facility will increase our capacity and allow us to better support our growing customer base in Ireland and Europe. We sincerely appreciate the support of the IDA as we establish our unique capabilities in Ireland.”

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