( MENAFN - EIN Presswire) Athletic Footwear Global market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /EINPresswire / -- The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! The athletic footwear market has exhibited robust growth in recent years . It has grown from $81.43 billion in 2023 to an expected $85.8 billion in 2024, marking a compound annual growth rate CAGR of 5.4%. What prompted this significant growth? The growth in the historic period can be attributed to an increase in global sporting events, accelerating urbanization, active lifestyles, brand loyalty, and vibrant sneaker culture. Additionally, heightened health and fitness awareness and the casualization of workwear also played significant roles in driving this growth. Explore the Athletic Footwear Global Market Report 2024 for a comprehensive overview of the market sphere: Looking forward, the athletic footwear market size is poised for strong growth in the next few years, with projections indicating that it will grow to $107.27 billion in 2028. This expansion signifies a CAGR of 5.7%. What will fuel this anticipated growth? Notably, the upcoming growth in the forecast period can be attributed to factors such as sustainable and eco-friendly footwear initiatives, expansion in emerging markets, sports tourism and events, and a fusion of performance and lifestyle footwear. Increasing inclusivity and diversity in athletic footwear brands are other critical growth drivers to note. Furthermore, major trends expected in the forecast period encompass the integration of technology, customization and personalization, collaborations and limited edition releases, digital retail and direct-to-consumer DTC channels, retro and vintage styles, fitness apps, and the advent of wearables. The rising popularity of sports tournaments is also expected to fuel this accelerated growth of the athletic footwear market. Sports tournaments are competitions where numerous players compete against each other in a specific format to determine the overall winner. With an increasing number of individuals participating in local or regional tournaments, the demand for athletic footwear is expected to rise, further propelling the growth of the market. For instance, in May 2023, according to the England and Wales Cricket Board, the governing body of cricket, around 2.6 million individuals engaged in cricket during 2022, with approximately 1.4 million players being under the age of 16. This surge in cricket participation among the younger demographic was supported by the ECB's national initiatives All Stars Cricket and Dynamos Cricket. These initiatives attracted over 100,000 participants for the second consecutive year in 2022, contributing to cricket's increasing popularity among newcomers. Delve deeper into the data driving the growth of the athletic footwear market: Major companies operating in the athletic footwear market also significantly influence market trends and dynamics. These include Nike Inc., Adidas AG, Lining, VF Corporation, Puma SE, ANTA Sports Products Limited, Skechers USA Inc., Under Armour, New Balance Athletics Inc., Lotto Sport, Li-Ning Company Limited, ASICS Corporation, ASICSTIGER, Deckers Brands, Columbia Sportswear Company, Fila, Fila Korea Ltd., Mizuno Corporation, On AG, Brooks Running Company, ECCO Sko A/S, Lanvin, K-Swiss Inc., Diadora Sport S.p.A., UMBRO, Umbro, Keen Inc., Saucony, Warrior, Salomon, Tecnica Group S.p.A., La Sportiva, Vivobarefoot, Helly Hansen, Topo Athletic, and Hummel International Sport & Leisure A/S. Moreover, the use of recycled material in shoe manufacturing is a key trend gaining popularity in the athletic footwear market. Companies operating in this sphere are focusing on utilizing recycled materials in shoes to reduce their carbon footprint and meet specific sustainable goals. The athletic footwear market, as covered in this report, is segmented by product type, end-user, and distribution channel: 1 By Product Type include Running Shoes, Sports Shoes, Trekking/Hiking Shoes, and other types. 2 By End User, the segmentation includes Men, Women, and Kids. 3 By Distribution Channel include Hypermarkets/Supermarkets, Specialty Stores, Brand Outlets, and Online Channels. On the geographical front, North America was the largest region in the athletic footwear market in 2023. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Browse Through More Similar Reports By The Business Research Company: Medical Footwear Global Market Report 2024 Vegan Footwear Global Market Report 2024 Diabetic Footwear Global Market Report 2024 About The Business Research Company Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game. Contact us at: The Business Research Company: ]( Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... 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Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the YearWhile mega-cap tech stocks have led the to record highs, the market now hovers at valuations some consider to be extremely over-priced. That might be a pointless worry, a ProShares Advisors strategist said. "It comes down to the following surprise: there is a lot less leverage in the stock market than there was just 20 years ago," Simeon Hyman told on Friday. In a published last week, the global investment strategist acknowledged that stocks were expensive. Typically, a stock's trailing multiple would trade between 18x to 20x amid current Treasury yield levels — instead, the ratio hovers at around 25X. Other indicators further highlight that market valuations have . Despite these conditions, Hyman outlined that low market debt levels can diminish risks associated with an elevated P/E multiple. Compared to 20 years ago, the S&P 500 net debt/EBITDA has fallen from 5x to 1x. The note also found that today's equities are raking in high returns from assets, and not from debt-fueled growth. This indicates underlying profitability, Hyman said. "The significant decline in leverage of the S&P 500 and the robustness of today's profitability (due in part to the technology sector) suggests that at least some of the exuberance that drove expanding multiples may, in fact, be rational," Hyman wrote. Still, overstretched market conditions have increasingly unsettled investors this year, catching the attention of Wall Street heavy-hitters such as David Einhorn. In October, the billionaire hedge fund manager warned that traders were fueling the . That's not to say the market is in a bubble, he wrote, and analysts largely agree that investors should stay exposed to the US market. However, calls for a correction have amplified this month, especially if the top "Magnificent Seven" tech stocks . Given the heavy concentration in these mega-cap names, a 2025 earnings miss could "turn the market," Matt Powers, managing partner at Powers Advisory Group, told . Therefore, investors should emphasize diversification next year, even if tech growth remains strong. Even without a correction, traders may need to brace for weaker returns if Mag 7 momentum Generally, Wall Street institutions expect the S&P 500 to keep climbing, with an . Read the original article on
Stock market today: Wall Street slips as technology stocks drag on the market NEW YORK (AP) — Stocks slipped as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.6% Friday and the the Dow Jones Industrial Average lost 475 points, or 1.1%. The Nasdaq composite is down 2%. Technology stocks were the biggest drag on the market. The S&P 500 is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. An online debate over foreign workers in tech shows tensions in Trump's political coalition WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in the president-elect’s political movement into public display. The argument previews fissures and contradictory views his coalition could bring to the White House. The rift laid bare tensions between the newest flank of Trump’s movement — that is, wealthy members of the tech world who want more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says WASHINGTON (AP) — A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, a deputy national security adviser, said Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose.( MENAFN - GlobeNewsWire - Nasdaq) Proposed Acquisition strengthens Pharming's late-stage pipeline with a potential first-in-disease asset Abliva's lead product KL1333 is currently in a pivotal clinical trial, with a positive interim analysis achieved, in mitochondrial DNA-driven primary mitochondrial diseases Total transaction value of approximately US$66.1 million No external funding required to fund acquisition and KL1333 development costs Pharming to host a conference call on Monday, December 16, 2024 at 14:00 CET (8:00 am EST) Leiden, the Netherlands, December 15, 2024: Pharming Group N.V. (“Pharming” or“the Company”) (EURONEXT Amsterdam: PHARM/Nasdaq: PHAR) today announced a recommended public cash offer to the shareholders of Abliva AB (“Abliva”) to acquire all issued and outstanding shares of Abliva. Pharming, through its wholly-owned subsidiary Pharming Technologies B.V., offers the shareholders SEK 0.45 in cash per share in Abliva. The transaction is valued at approximately US$66.1 million. Abliva is a biotechnology company, based in Lund, Sweden, focused on developing medicines for the treatment of mitochondrial disease. Abliva's lead product, KL1333, a regulator of the essential co-enzymes NAD+ and NADH, is in a pivotal clinical study (FALCON) in adult patients with genetically confirmed primary mitochondrial disease (PMD) with mitochondrial DNA (mtDNA) mutations who experience consistent, debilitating fatigue and muscle weakness (myopathy), and reduced life expectancy. Over 30,000 patients diagnosed with mtDNA mitochondrial disease would be potentially addressable by KL1333 in the U.S., EU4 (France, Germany, Italy, Spain) and the UK. KL1333 has shown positive clinical effects in a proof-of-concept Phase 1b study, and a pre-planned interim analysis of the ongoing pivotal FALCON trial demonstrated promising differences over placebo in both alternate primary efficacy endpoints. KL1333 has received Fast Track designation in the U.S. and Orphan Drug Designation for the treatment of PMD in the U.S. and EU. Sijmen de Vries, Chief Executive Officer of Pharming, said: “Abliva has made exciting progress developing KL1333, a potential first-in-disease treatment undergoing a pivotal clinical trial that offers new hope to patients with rare mtDNA mitochondrial disease who experience debilitating fatigue and muscle weakness. With over 30,000 addressable patients in the U.S., EU4 and UK, we are excited about the potential of this asset, which achieved a positive interim analysis in the registration trial in July 2024. We believe KL1333 has blockbuster potential in the U.S. alone and can significantly change Pharming's future growth trajectory. We will fund this acquisition using existing cash, and anticipate covering costs to complete the pivotal trial with positive cash flows from our existing business. The acquisition of Abliva would further strengthen our clinical pipeline with the addition of a therapy, with U.S. launch expected in 2028, aligning with our vision to become a leading global rare disease company. We are pleased that Abliva's independent Board of Directors and major shareholders recognize the expertise and value Pharming brings to the development and eventual commercialization of KL1333, and unanimously support this transaction. We look forward to welcoming the Abliva team with their strong expertise in mitochondrial research and drug development and to combining with our resources, capabilities and commercial infrastructure to bring this groundbreaking and important medicine to patients and their healthcare providers.” Transaction highlights Today at 19:45 CET, Pharming announced a recommended cash offer to the shareholders of Abliva AB. Hereby Pharming, through a wholly owned subsidiary, has offered SEK 0.45 in cash for each outstanding share of Abliva (the ''Offer''). The total value of the Offer based on all outstanding 1,611,884,536 shares in Abliva amounts to approximately SEK 725,348,041, or approximately US$66.1 million. The Board of Directors of Abliva unanimously recommends the shareholders of Abliva to accept the Offer. The Board of Directors of Abliva has obtained a fairness opinion from PwC, according to which, based on the assumptions and reservations stated in the opinion, the Offer is fair to Abliva's shareholders from a financial perspective. Pharming has obtained acceptance undertakings from the three largest shareholders, accounting for 49.82% of Abliva's outstanding shares. The Offer is subject to customary regulatory approvals, and Pharming expects to obtain such approvals prior to the end of the acceptance period. Pharming Group N.V. has cash on hand to finance the Offer in full. The acceptance period in the offer is expected to commence on or around January 16, 2025 and to expire on or around February 7, 2025. For information in relation to the Offer, please refer to An offer document will be made public by Pharming shortly before the commencement of the acceptance period. Van Lanschot Kempen N.V. is sole financial advisor and NautaDutilh N.V. and Mannheimer Swartling Advokatbyrå are legal advisors to Pharming in connection with the Offer. Invitation to conference call Pharming to host a conference call on Monday, December 16, 2024, at 14:00 CET (8:00 am EST). The conference call presentation is available on the pharming.com website from 14:00 CET on December 16, 2024 A transcript will be made available on the website in the days following the call. To participate in the conference call, please register in advance using the link below. Once registered, dial-in information and a unique PIN will be provided, allowing access to the call. Conference call dial-in details: Please note, the Company will only take questions from dial-in attendees. Webcast Link: For further public information, contact: Pharming Group, Leiden, the Netherlands Michael Levitan, VP Investor Relations & Corporate Communications T: +1 (908) 705 1696 E: ... FTI Consulting, London, UK Victoria Foster Mitchell/Alex Shaw/Amy Byrne T: +44 203 727 1000 LifeSpring Life Sciences Communication, Amsterdam, the Netherlands Leon Melens T: +31 6 53 81 64 27 E: ... Abliva investors Leo Wei T: +46 (0)709 910 081 E: ... About KL1333 KL1333 has been designed to treat chronic fatigue and myopathy (muscle weakness) in genetically confirmed adult patients with primary mitochondrial disease. Diagnoses can include MELAS-MIDD and KSS-CPEO spectrum disorders as well as MERRF syndrome. The drug candidate is intended for long-term oral treatment. KL1333 has the ability to restore the ratio of NAD+ and NADH, and thus leads to the formation of new mitochondria and improved energy levels. In a cohort of mitochondrial disease patients in a Phase 1a/b study, the patients who received KL1333 showed both improvements in symptoms of fatigue as well as functional improvements. KL1333 is currently being evaluated in a global, potentially registrational, Phase 2 study (the FALCON study) and has received orphan drug designation in both the USA and Europe as well as Fast Track designation in the USA. About the FALCON Study FALCON is a Phase 2, global, randomized, placebo-controlled, potentially registrational study evaluating the safety and efficacy of KL1333 in adult patients with primary mitochondrial disease who experience consistent, debilitating fatigue and myopathy (muscle weakness), the most common and impairing symptoms. A total of 180 patients with mitochondrial DNA mutations who meet the eligibility criteria are randomized 3:2 to receive KL1333 (50mg-100mg) or placebo twice daily for 48 weeks. The two alternative primary endpoints assess consistent fatigue (using the PROMIS® Fatigue Mitochondrial Disease Short Form) and myopathy (using the 30 second Sit-to-Stand test), only one of which must be positive to file for marketing approval. An interim analysis evaluating 24-week data from the first wave of patients confirmed the strong safety profile of KL1333, and both primary endpoints passed futility, meaning that both have the potential to demonstrate benefit in the final analysis of the study. About Abliva AB Abliva discovers and develops medicines for the treatment of mitochondrial disease. This rare and often very severe disease occurs when the cell's energy provider, the mitochondria, do not function properly. The company has prioritized two projects. KL1333, a powerful regulator of the essential co-enzymes NAD+ and NADH, has entered late-stage development. NV354, an energy replacement therapy, has completed preclinical development. Abliva, based in Lund, Sweden, is listed on Nasdaq Stockholm, Sweden (ticker: ABLI). For more information, please visit About Pharming Group N.V. Pharming Group N.V. (EURONEXT Amsterdam: PHARM/Nasdaq: PHAR) is a global biopharmaceutical company dedicated to transforming the lives of patients with rare, debilitating, and life-threatening diseases. Pharming is commercializing and developing an innovative portfolio of protein replacement therapies and precision medicines, including small molecules and biologics. Pharming is headquartered in Leiden, the Netherlands, and has employees around the globe who serve patients in over 30 markets in North America, Europe, the Middle East, Africa, and Asia-Pacific. For more information, visit and find us on LinkedIn . Forward-Looking Statements This press release may contain forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in these statements. These forward-looking statements are identified by their use of terms and phrases such as“aim”,“ambition”, ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'', ''intend'', ''may'',“milestones”, ''objectives'', ''outlook'', ''plan'', ''probably'', ''project'', ''risks'',“schedule”, 'seek'', 'should'', ''target'', ''will'' and similar terms and phrases. Examples of forward-looking statements may include statements with respect to timing and progress of Pharming's preclinical studies and clinical trials of its product candidates, Pharming's clinical and commercial prospects, and Pharming's expectations regarding its projected working capital requirements and cash resources, which statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to the scope, progress and expansion of Pharming's clinical trials and ramifications for the cost thereof; and clinical, scientific, regulatory, commercial, competitive and technical developments. In light of these risks and uncertainties, and other risks and uncertainties that are described in Pharming's 2023 Annual Report and the Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission, the events and circumstances discussed in such forward-looking statements may not occur, and Pharming's actual results could differ materially and adversely from those anticipated or implied thereby. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Any forward-looking statements speak only as of the date of this press release and are based on information available to Pharming as of the date of this release. Pharming does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. Inside Information This press release relates to the disclosure of information that qualifies, or may have qualified, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Attachment MENAFN15122024004107003653ID1108994994 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
December 17, 2024 This article has been reviewed according to Science X's editorial process and policies . Editors have highlightedthe following attributes while ensuring the content's credibility: fact-checked peer-reviewed publication trusted source proofread by Optica Researchers have developed a new hyperspectral Raman imaging lidar system that can remotely detect and identify various types of plastics. This technology could help address the critical issue of plastic pollution in the ocean by providing better tools for monitoring and analysis. "Plastic pollution poses a serious threat to marine ecosystems and human livelihoods, affecting industries like fisheries, tourism and shipping," said research team leader Toshihiro Somekawa from the Institute for Laser Technology in Japan. "To manage and protect the marine environment, it's essential to assess the size, concentration and distribution of plastic debris, but traditional lab-based methods are often time-consuming, labor-intensive and expensive." In the journal Optics Letters , the researchers describe their new system , which is compact and optimized for low energy consumption, making it suitable for use aboard a drone. They show that the system can identify plastics that are 6 meters away with a relatively wide field of view of 1 mm x 150 mm. "A drone equipped with our lidar sensor could be used to assess marine plastic debris on land or in the sea, paving the way for more targeted cleanup and prevention efforts," said Somekawa. "The system could also be used for other monitoring applications, such as detecting hazardous gas leaks." Achieving remote detection The researchers previously demonstrated a monitoring system based on a flash Raman lidar technique in which bandpass filters were matched to each measurement target for detection in a successive manner. This technique, however, isn't practical for detecting marine plastics because switching the filters would hinder instantaneous 3D ranging and detection. Other research groups have explored using hyperspectral Raman imaging to monitor plastic pollution . This technique combines Raman spectroscopy with imaging to capture spatially resolved chemical information across a sample, producing detailed maps of molecular composition and structure. However, conventional hyperspectral Raman imaging can only detect targets that are close to the instrument. For remote detection, the researchers combined lidar for distance measurement with hyperspectral Raman spectroscopy. They did this by building a prototype system that included a pulsed 532- nm green laser for lidar measurements and a 2D imaging spectrometer equipped with a gated intensified CCD (ICCD). The Raman signal backscattered from a distant target was detected as a vertical line, and the hyperspectral information contained in each point recorded horizontally. Using an ICCD camera that can be gated on a nanosecond time scale was essential for achieving the Raman lidar measurement with fine range resolutions. Range-resolved Raman imaging "We designed our system to acquire images and spectroscopic measurements simultaneously," said Somekawa. "Since the Raman spectrum is unique for each plastic type, the imaging information can be used to understand the spatial distribution and type of plastic debris and hyperspectral information can be obtained from targets at any distance due to the pulsed laser enabling range-resolved measurements." The researchers tested their prototype system on a plastic sample consisting of a polyethylene sheet in the upper position and a polypropylene sheet in the lower position. From 6 meters away, the system was able to acquire the characteristic spectra of each plastic and produce images showing the vertical distribution of the plastics. The researchers say that the imaging pixel size of 0.29 millimeters with the ICCD camera at the stand-off distance of 6 meters implies that small plastic debris could be measured and analyzed using the hyperspectral Raman imaging lidar system . Next, the researchers plan to use their system to monitor microplastics that are floating or submerged in water. This should be feasible since laser light around 532 nm transmits effectively through water, enabling better detection in aquatic environments. More information: Toshihiro Somekawa et al, Remote detection and identification of plastics with hyperspectral Raman imaging lidar, Optics Letters (2024). DOI: 10.1364/OL.544096 Journal information: Optics Letters Provided by OpticaCanada Unveils Bold Border Security Plan Amid U.S. Relations Pressure
Montenegro’s Minister of Justice, Bojan Božović on Friday authorized the extradition of Terraform Labs co-founder Do Kwon to the United States, concluding months of legal wrangling over competing extradition requests from the U.S. and South Korea . What Happened: The ruling follows a decision earlier this week by Montenegro's Constitutional Court, which denied Kwon's appeal against a September Supreme Court decision. That decision nullified his transfer to South Korea and delegated the final extradition decision to the justice minister. In its announcement, the Ministry of Justice stated that it had reviewed all relevant factors, including the gravity of the alleged offenses, the location where the crimes were committed and the sequence of extradition requests. Other considerations included Kwon's nationality and the potential for subsequent extradition to another country. Kwon is a central figure in the 2022 collapse of the algorithmic stablecoin TerraUSD USTC/USD and its sister cryptocurrency Luna LUNC/USD , which caused billions of dollars in losses to investors globally. The incident led to a coordinated international manhunt involving South Korean authorities, U.S. prosecutors and Interpol. The crypto executive was arrested in Montenegro in March 2023 for attempting to travel with forged documents. Also Read: Crypto Industry Anticipates Policy Overhaul Under Trump Administration Why It Matters: Since his release from prison earlier this year, Kwon has faced an extradition stalemate as courts weighed requests from the U.S. and South Korea. The High Court in Montenegro initially ruled in February 2024 to extradite Kwon to the U.S. to face charges related to the Terra-Luna collapse. However, that decision was reversed in March, favoring extradition to South Korea instead. Months of legal appeals and inconsistent rulings followed, further delaying the process. Kwon's legal team had pushed for extradition to his home country of South Korea, where financial criminals typically face maximum sentences ranging from 30 to 40 years. In contrast, the U.S. legal system allows for consecutive sentencing, potentially resulting in significantly longer prison terms. The extradition saga has also sparked political controversies in Montenegro. Former Justice Minister Andrej Milovic accused Prime Minister Milojko Spajić of influencing the extradition process in favor of South Korea due to alleged financial connections with Kwon. Read Next: Bitcoin, Ethereum ETFs Break 4-Day Outflow Streak, Net $592 Inflows On Thursday Image: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Dallas (3-7) at Washington (7-4) Sunday, 1 p.m. EST, Fox BetMGM NFL Odds: Commanders by 10 1/2 Against the spread: Cowboys 2-8; Commanders 7-4 Series record: Dallas leads 78-48-2. Last meeting: The Cowboys clinched the NFC East title last season by beating the Commanders 38-10 at Washington on Jan. 7. Last week: Cowboys lost to the Texans 34-10 on Monday; Commanders lost to the Eagles 26-18 on Thursday, Nov. 14. Cowboys offense: overall (20), rush (31), pass (T-7), scoring (T-24) Cowboys defense: overall (27), rush (31), pass (19), scoring (31) Commanders offense: overall (6), rush (6), pass (15), scoring (4) Commanders defense: overall (18), rush (30), pass (5), scoring (T-14) Turnover differential: Cowboys minus-11; Commanders plus-5 Star pass rusher Micah Parsons has six of his 43 1/2 career sacks against Washington, more than any opponent. But Jayden Daniels is the biggest threat Parsons has faced at QB with this opponent. There’s no question the Dallas pass rush suffered in the four games Parsons missed with a sprained ankle and has been substantially better in the two games since the two-time All-Pro’s return. Parsons making life difficult for Daniels might be the only way for the Cowboys to stay close. Rookie CB Mike Sainristil held his own against A.J. Brown despite being at a sizeable height disadvantage. With trade deadline pickup Marshon sidelined again with a hamstring injury, Sainristil could be counted on to do more of the same against CeeDee Lamb, who is still productive no matter who the Cowboys quarterback is. Commanders rushing offense vs. Cowboys rushing defense. Dallas allowed Houston RB Joe Mixon to pick up 109 yards and three TDs and the ground and has struggled against the run all season. Brian Robinson Jr. returned last week after missing the previous two games with a hamstring injury, and Austin Ekeler and Jeremy McNichols provide some depth for Washington. Cowboys: Perennial All-Pro RG Zack Martin and promising young LG Tyler Smith sustained ankle injuries on the same drive in the fourth quarter for the Cowboys against the Texans. Martin, who is also battling a shoulder issue, is doubtful, and Smith is questionable while also dealing with a knee injury. ... Rookie LT Tyler Guyton re-injured a shoulder trying to run with a fumble after QB Cooper Rush had the ball knocked out of his hand on a throw. He is expected to play. ... TE Jake Ferguson was ruled out after sustaining a concussion in the first quarter against the Texans. ... CB Jourdan Lewis (neck) and RB Hunter Luepke (calf) missed the Houston game but are listed as available this week. ... Dallas might get some reinforcements in WR Brandin Cooks (knee), rookie DE Marshawn Kneeland (knee), CB DaRon Bland (foot) and T Chuma Edoga (toe). Cooks last played in Week 4 and Kneeland in Week 5. They are questionable along with Edoga, who hasn't played all season. Bland also hasn't played this year after having surgery for a stress fracture late in the preseason, but it appears he will make his season debut after setting an NFL record in 2023 with five interception returns for touchdowns. ... DB Markquese Bell, a key special teams player, is set for season-ending surgery after injuring a shoulder covering a kickoff against the Texans. Commanders: Lattimore was on the field Wednesday but didn't take part in practice all week. He will miss a third consecutive game since being acquired at the deadline from New Orleans. ... K Austin Seibert appears to be trending toward returning from the right hip injury that sidelined him the past two games. The Cowboys have won five of the past six meetings. Washington's only victory in that span was in the 2022 season finale when Dallas had nothing to play for once it was clear Philadelphia would finish first in the NFC East. ... The Cowboys are 16-4 against NFC East opponents since 2021 and haven’t lost consecutive division games since 2020, when they finished 6-10. Dallas lost to Philadelphia two weeks ago and plays the New York Giants on Thanksgiving Day. ... This is Commanders coach Dan Quinn's first game against the Cowboys since spending the past three seasons as their defensive coordinator. ... Washington with a win would have its best start through 12 games since 1996 and first 3-1 division record since 2012. The Cowboys are on a five-game losing streak, their longest since a seven-game skid in 2015. Mike McCarthy has matched the longest losing streak of his coaching career. He lost five in a row in 2008, late in the third of his 12-plus seasons in Green Bay. McCarthy is on an expiring contract and the possibility of returning to the Cowboys diminishes with each loss. ... Dallas is 3-2 on the road. ... Rush has lost three consecutive starts as an injury replacement for Dak Prescott after winning his first five. He is 0-2 this season with a touchdown, an interception and three fumbles lost. Prescott had season-ending surgery on his torn hamstring last week. ... Lamb needs 81 yards receiving to become the fastest Dallas wideout to reach 6,000 yards. ... WR KaVontae Turpin had a career-long touchdown catch of 64 yards against the Texans. It’s the only TD at home for Dallas since Week 3. ... K Brandon Aubrey has 10 field goals of at least 50 yards this season. That’s one behind Houston’s Ka’imi Fairbairn, who has already tied Daniel Carlson’s single-season NFL record from 2022. ... Daniels has thrown for 10 TDs and three INTs, including one of each against the Eagles. He has four rushing TDs but none since Week 4. He's 18 yards away from being the first rookie QB since Kyler Murray in 2019 to run for 500. ... Robinson's seven TD runs through eight games match his first two professional seasons combined. ... Ekeler had a season-high eight catches for 89 yards at Philadelphia. ... WR Terry McLaurin had just one catch on two targets last week. ... Zach Ertz's 428 yards receiving are his most in a season since 2021. He's 35 away from moving into the top 10 among tight ends in league history. ... LB Bobby Wagner is nine tackles away from joining London Fletcher as the only players with 100-plus tackles in 13 consecutive seasons since 2000. ... LB Frankie Luvu sacked Jalen Hurts twice to tie a career high with seven. McLaurin will almost certainly be targeted more often than last week, especially after he, Daniels and the offense got a full week of practice. Washington's top receiver could be in for a big game. AP NFL: https://apnews.com/hub/nflCommercial Vehicle Axles Market Industry Dynamics and Contributions by Korea Flange, CNHTC, MAN, PRESS KOGYO, Dongfeng DANA, AxleTech International, AAM, RABA 12-15-2024 02:51 PM CET | Health & Medicine Press release from: STATS N DATA Commercial Vehicle Axles Market Market Overview and Recent Developments The Commercial Vehicle Axles Market is an essential segment of the automotive industry, catering to the needs of various commercial vehicles, including buses and trucks. As the backbone of transportation infrastructure, the market plays a pivotal role in ensuring safe and efficient mobility of goods and passengers. The scope of this market extends beyond basic functionality; it encompasses advanced applications driven by technology and sustainability. Recent developments in the Commercial Vehicle Axles Market have been significant. Innovations in axle design and manufacturing processes have enhanced vehicle performance, durability, and safety. Key factors driving growth include the increasing demand for commercial vehicles, which is fueled by the expansion of e-commerce and logistics industries. Additionally, strategic collaborations among leading manufacturers are leading to the development of next-generation axles that integrate smarter technologies for improved efficiency. The market is also witnessing a shift toward sustainability, with manufacturers focusing on producing lightweight and fuel-efficient axles. This trend is further supported by government regulations aimed at reducing emissions and promoting environmentally friendly transportation solutions. Overall, the Commercial Vehicle Axles Market is evolving rapidly, responding to the challenges and opportunities presented by technological advancements and changing consumer demands. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=25461 Key Growth Drivers and Trends Several critical factors are influencing the demand within the Commercial Vehicle Axles Market today. Sustainability has emerged as a major driver, with customers increasingly favoring eco-friendly products. As businesses strive to reduce their carbon footprints, manufacturers are innovating to offer products that meet these environmental standards. The digitization of the automotive sector is another trend reshaping the market. The integration of AI and IoT technologies is enabling real-time monitoring and predictive maintenance, enhancing the overall performance of vehicles. Consumer awareness regarding the benefits of advanced axles, such as fuel efficiency and improved load-carrying capacity, is also rising. This awareness is prompting fleet operators to invest in high-quality axle systems that promise better returns on investment. Moreover, trends such as product customization are gaining traction, allowing customers to tailor axles according to specific operational requirements. The market is also experiencing advancements in manufacturing technologies, such as 3D printing and advanced metallurgy, which are enabling the production of lighter and stronger axle components. These innovations not only enhance vehicle performance but also contribute to longer service intervals and reduced maintenance costs, driving further demand for commercial vehicle axles. Market Segmentation The Commercial Vehicle Axles Market can be segmented into various categories to provide a clearer picture of its dynamics: • Segment by Type - Front Axles: These axles are critical for steering and load distribution in vehicles. Recent innovations focus on enhancing durability and performance. - Rear Beam Axles: Known for their robust construction, rear beam axles are essential for handling heavy loads, particularly in trucks. • Segment by Application - Bus: Axles designed for buses prioritize passenger safety and comfort, featuring advanced suspension systems. - Heavy and Mid Duty Truck: This segment demands axles capable of withstanding high stress and load capacities. - Light Duty Truck: Lightweight axles are used to improve fuel efficiency in lighter commercial vehicles. - Others: This includes various specialized vehicles that require unique axle configurations. Understanding the segmentation of the market allows manufacturers and stakeholders to tailor their strategies to meet specific needs and seize emerging opportunities effectively. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=25461 Competitive Landscape The Commercial Vehicle Axles Market is characterized by a diverse competitive landscape. Leading companies play a crucial role in shaping trends and driving innovation: • Korea Flange: Known for its high-quality forged axles, Korea Flange focuses on product innovation to cater to the evolving needs of the market. • CNHTC: This manufacturer is expanding its presence in the global market through strategic partnerships and technological advancements in axle design. • MAN: A key player in the commercial vehicle sector, MAN is committed to sustainability, producing axles that enhance fuel efficiency. • PRESS KOGYO: Specializing in light and heavy-duty axles, PRESS KOGYO is recognized for its reliability and performance. • Dongfeng DANA: A joint venture that leverages the strengths of both companies to offer cutting-edge axle solutions. • AxleTech International: Known for its advanced engineering solutions, AxleTech is focused on developing high-performance axle systems. • AAM: AAM is at the forefront of axle innovation, integrating technologies that improve overall vehicle dynamics. • RABA: This company offers a wide range of axle solutions tailored for various commercial vehicles. • SAF-HOLLAND: A global leader in axle and suspension solutions, SAF-HOLLAND is known for its commitment to quality and engineering excellence. • Guangxi Fangsheng: This manufacturer specializes in producing heavy-duty axles for trucks and buses, focusing on durability and performance. • DANA: A well-established name in the industry, DANA is known for its innovative axle technologies that enhance vehicle efficiency. • FAW Heavy: FAW Heavy is expanding its product range to include advanced axle systems for heavy-duty applications. • IJT Technology Holdings: This company is investing in research and development to create innovative axle solutions for the commercial vehicle sector. • Meritor: Meritor focuses on delivering value through high-quality axle products and customer service. • Zoomlion: Engaged in producing axles for a variety of vehicles, Zoomlion emphasizes technological advancements in its offerings. • Qingte Group: This manufacturer is expanding its portfolio to include smart axle solutions that meet modern transportation demands. • Shaanxi HanDe: Known for its strong presence in the heavy-duty segment, Shaanxi HanDe is investing in R&D to enhance its product line. • SG Automotive Group: SG Automotive is committed to producing environmentally friendly axle solutions. • BPW Group: BPW focuses on innovative axle technologies and sustainable manufacturing practices. • ZF: A global leader in driveline and chassis technology, ZF is known for its advanced axle systems that enhance vehicle performance. These companies are continuously investing in product innovations, market expansions, and partnerships to maintain their competitive edge in the Commercial Vehicle Axles Market. Opportunities and Challenges As the Commercial Vehicle Axles Market evolves, numerous opportunities and challenges arise. Untapped regions present significant growth potential, particularly in developing markets where the demand for commercial vehicles is on the rise. Additionally, changing consumer preferences toward more sustainable and efficient transportation options are prompting manufacturers to innovate and expand their product offerings. However, the market also faces challenges. Regulatory constraints related to emissions and safety standards can pose hurdles for manufacturers. Operational inefficiencies, often stemming from outdated practices, can hinder growth and profitability. Furthermore, talent shortages in the engineering and manufacturing sectors can impact innovation and production capabilities. To navigate these challenges, companies must adopt agile strategies that focus on compliance, operational excellence, and workforce development. Investing in employee training and embracing digital transformation can enhance productivity and foster innovation, allowing companies to stay ahead in a competitive landscape. Technological Advancements Technological advancements are significantly impacting the Commercial Vehicle Axles Market. The integration of AI and machine learning is revolutionizing the way axles are designed and manufactured. These technologies enable predictive analytics, helping manufacturers anticipate failures and optimize maintenance schedules. IoT-driven systems allow for real-time monitoring of axle performance, enhancing safety and reliability. Virtual tools are streamlining the design process, enabling more efficient and customized solutions for consumers. Moreover, advancements in materials science are leading to the development of lighter yet stronger axle components, contributing to improved fuel efficiency and vehicle performance. Innovations in manufacturing techniques, such as additive manufacturing, are also reshaping the industry. These methods allow for greater design flexibility and reduced production times, enabling companies to respond swiftly to market demands. Research Methodology and Insights At STATS N DATA, a comprehensive research methodology is employed to deliver accurate insights into the Commercial Vehicle Axles Market. This approach includes both top-down and bottom-up methodologies, ensuring a holistic view of market dynamics. Primary research involves direct engagement with industry experts, key stakeholders, and market participants to gather firsthand information. Secondary research encompasses a thorough analysis of existing data, reports, and publications to validate findings. Triangulation of data points is employed to ensure the accuracy and reliability of insights, providing stakeholders with actionable information to make informed decisions. By leveraging this robust research framework, STATS N DATA positions itself as a trusted authority in the Commercial Vehicle Axles Market, equipping businesses with the knowledge needed to thrive in a rapidly changing environment. In conclusion, the Commercial Vehicle Axles Market is poised for substantial growth, driven by technological advancements, sustainability trends, and evolving consumer preferences. As manufacturers navigate opportunities and challenges, staying ahead of market dynamics will be crucial for success. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=25461 Access the full report analysis here: https://www.statsndata.org/report/commercial-vehicle-axles-market-25461 Related Reports: Device Management for Massive IoT Market https://www.statsndata.org/report/device-management-for-massive-iot-market-75244 Contract Effervescent Tablets Manufacturing Market https://www.statsndata.org/report/contract-effervescent-tablets-manufacturing-market-45192 Management of Municipal Solid Waste Market https://www.statsndata.org/report/management-of-municipal-solid-waste-market-52404 Advanced Planning and Scheduling (APS) Solution Market https://www.statsndata.org/report/advanced-planning-and-scheduling-aps-solution-market-51791 Medical Equipment Long-term Rental Service Market https://www.statsndata.org/report/medical-equipment-long-term-rental-service-market-39212 John Jones Sales & Marketing Head | Stats N Data Phone: +1 (315) 642-4324 Email: sales@statsndata.org Website: www.statsndata.org STATS N DATA is a trusted provider of industry intelligence and market research, delivering actionable insights to businesses across diverse sectors. We specialize in helping organizations navigate complex markets with advanced analytics, detailed market segmentation, and strategic guidance. Our expertise spans industries including technology, healthcare, telecommunications, energy, food & beverages, and more. Committed to accuracy and innovation, we provide tailored reports that empower clients to make informed decisions, identify emerging opportunities, and achieve sustainable growth. Our team of skilled analysts leverages cutting-edge methodologies to ensure every report addresses the unique challenges of our clients. At STATS N DATA, we transform data into knowledge and insights into success. Partner with us to gain a competitive edge in today's fast-paced business environment. For more information, visit https://www.statsndata.org or contact us today at sales@statsndata.org This release was published on openPR.
ISLAMABAD, (UrduPoint / Pakistan Point News - 15th Dec, 2024) COMSATS University (CUI), in collaboration with The for Just Deliberation on Solar Geoengineering (DSG), a US-based non-profit organization, successfully hosted a pivotal stakeholder engagement meeting to discuss the development and implications of a prototype Solar Radiation Modification (SRM) Impacts Dashboard for Malaria in South at the district level. It was funded by the Harvard University Center for International Development’s Global Empowerment Meeting (GEM) Incubation Fund, the brought together 46 climate and health researchers, and health policy experts and practitioners across to explore SRM’s potential role in addressing climate-driven health challenges in one of the ’s most vulnerable regions, said a press release. The meeting featured a robust program of presentations, interactive discussion and feedback on a prototype dashboard that highlights district level data on future climate change, SRM and malaria. The facilitated thematic breakout sessions to continue bridging gaps in the climate-health nexus. The inclusion of SRM technologies into this nexus is adding a level of urgency to the climate action needed on public health, especially in the context of vector-borne diseases. Breakout sessions encouraged stakeholders to thematic perspectives, offering valuable insights into refining the SRM-Malaria Dashboard to better serve health policy frameworks. Prof. Dr. Athar Hussain, Principal Investigator (PI) of several SRM research projects at CUI, emphasized the importance of collaborative research and interdisciplinary approaches in addressing climate change’s public health implications, particularly the changing dynamics of vector-borne diseases like malaria. Mr. Hassaan Sipra, Director of Global Engagement at The for Just Deliberation on Solar Geoengineering (DSG) and a key contributor to the SRM research initiatives at CUI, discussed the global dimensions of SRM research and its ethical implications. Dr. Abdul Waheed, Policy Analyst, addressed the socio-political complexities of SRM. "In the context of addressing climate-driven health challenges in South , it is important to understand the social and political factors that shape public acceptance or rejection of SRM within the health sector, and the ethical implications these technologies. By investing in research and tools today, we can help ensure that SRM strategies are developed and implemented in a way that aligns with ethical standards, addresses societal concerns, and supports effective governance frameworks in , and provides a model of Global South outputs in this field." In addition to the prototype dashboard, CUI is also leading two initiatives assessing projected changes to climate variables, climate and health policies, and the evolving role of malaria control in emerging climate dynamics and public health sector of and South . Funded by The Degrees Initiative, a UK-based charity focused on increasing SRM research among Global South institutions, these works’ initial findings suggest that SRM technologies could have both beneficial and adverse effects on malaria transmission in the region. These insights will be critical for shaping future SRM research and policy development, ensuring that health systems are prepared for various potential outcomes, such as integration into public health strategies to mitigate climate-driven disease outbreaks in vulnerable communities. CUI continues to work on SRM research, to strengthen Global South perspectives on these technologies. These issues require more resources, more dialogue, and more constructive actions. Activities such as this one is the crux of stakeholder engagement that can pave the way towards building public trust in the processes around decision making on SRM, while empowering Global South people and policy makers to address it within their local vulnerabilities and contexts.
Silver medal-winning Olympic table tennis player Miwa Harimoto recently had her skills tested by a robot called FORPHEUS at a semiconductor event in Tokyo. Developed by the Omron Corporation, this state-of-the-art robot stole the show at the Semicon Japan exhibition held at Tokyo Big Sight on December 13. FORPHEUS is the 9th generation of its kind and has steadily improved over the years, so much so that Harimoto struggled to keep pace with the robot during a rally. According to Omron, the robot’s name combines “For” and the name for the Greek hero and symbol of human creativity, “Orpheus.” Harimoto, by all accounts, was surprised and impressed by FORPHEUS’ table tennis abilities . “I was truly surprised,” she said after the match. “It made no errors and played [stably], so I thought the technology was incredible. I was made to work somewhat hard because I began to feel that I had to return all the shots,” she added. FORPHEUS the table-tennis robot FORPHEUS uses three cameras and a set of sensors set in a rig over the table. This setup enables the robot to detect and track the position of the ball and opponent in real-time. Using this data, the robot’s “brain” can then calculate the likely trajectory of the ball and move its paddle to intercept. The robot also integrates generative artificial intelligence (AI) to allow it to converse with its opponent. If you want to watch the match for yourself, we’ve embedded the video below. However, please note the video is Japanese. By all accounts, Omron’s improvements to the robot have proved very successful for a robot intended to act as a tutor, not an Olympian challenger. From the demonstration in Tokyo, the robot even complimented its opponent by saying, “It appears that you are an experienced table tennis player.” The competition between the robot and Harimoto began at a slow pace, but the game’s speed was gradually ramped up to push both competitors to their limits. For the most part, FORPHEUS was more than a match for Harimoto; it did struggle to return smash shots from the Olympian. Getting better with each generation The company behind FORPHEUS is better known for its health-related products, such as thermometers and weight scales. However, it also offers a line of industrial machinery designed to help automate production lines. To this end, and to act as a marketing trick, Omron began the development of FORPHEUS in 2012 and debuted in China (the spiritual home of table tennis). Since then, several teams have been working behind the scenes to improve the robot incrementally. This has led to a new generation of it released every year or two. The latest version was improved to allow it to return underspin shots. Harimoto also advised that letting off shots with greater spin would allow Forpheus to become an even stronger player. In the future, Omron will undoubtedly take her suggestions to heart to further refine and improve future interactions of FORPHEUS. Perhaps, just perhaps, they’ll even be able to fix its apparent inability to deal with strong returns from human players.
Share Tweet Share Share Email Solar energy is rapidly becoming a cornerstone of sustainable development worldwide. As a renewable energy source, it offers an effective solution to the challenges posed by conventional energy systems, such as rising electricity costs, climate change, and resource depletion. Many countries are witnessing a surge in solar energy adoption due to escalating electricity prices and growing energy demands. In fact, developing countries like Pakistan now rank among the top solar markets globally , driven by its need for affordable and sustainable power solutions. This article explores the wide-ranging benefits of switching to solar energy, from environmental and financial advantages to societal impacts and technological advancements. Understanding Solar Energy Learn about the fundamental technologies behind solar energy and how they harness the sun’s power for diverse applications. What is Solar Energy? Solar energy refers to the power derived from the sun’s rays, harnessed through various technologies such as photovoltaic (PV) panels and solar thermal systems. It is a renewable, abundant, and sustainable energy source that can meet diverse energy needs. The primary types of solar systems include: Photovoltaic (PV) Systems : Convert sunlight directly into electricity using PV cells. Solar Thermal Systems : Capture heat for applications like water heating and space heating. Concentrated Solar Power (CSP) : Use mirrors or lenses to concentrate sunlight for electricity generation. How Solar Energy Works Solar panels absorb sunlight and convert it into direct current (DC) electricity through the photovoltaic effect. An inverter then converts this DC electricity into alternating current (AC) for household or industrial use. Advanced systems integrate batteries and monitoring tools for enhanced reliability and efficiency. Environmental Benefits of Solar Energy Discover how solar energy reduces greenhouse gas emissions, conserves resources, and improves air and water quality. 1. Reduction in Greenhouse Gas Emissions Switching to solar energy significantly reduces carbon dioxide (CO2) emissions, a leading cause of climate change. Unlike fossil fuels, solar energy produces no harmful byproducts, making it a clean and eco-friendly alternative. For countries like Pakistan and India, adopting solar energy can help meet global climate goals while addressing local pollution challenges. 2. Conservation of Natural Resources Solar energy reduces dependence on finite resources such as coal, oil, and gas, which are not only depleting but also cause environmental degradation. Transitioning to solar energy conserves these resources for future generations. 3. Improved Air and Water Quality By eliminating air and water pollutants associated with traditional power generation, solar energy contributes to healthier ecosystems and public health. This is particularly important for regions experiencing severe air quality issues due to industrial emissions and fossil fuel usage. Financial Benefits of Solar Energy Understand how solar energy saves money on electricity bills, benefits from government incentives, and increases property values. 1. Lower Energy Bills Solar energy provides an opportunity for households and businesses to generate their own power, reducing reliance on expensive utility electricity. Over the lifespan of a solar system, users can save significantly on energy costs. 2. Government Incentives and Tax Benefits Governments worldwide offer various incentives to promote solar adoption. These include tax credits, subsidies, and net metering programs that allow users to sell excess energy back to the grid. Such incentives make solar systems more affordable for individuals and businesses. 3. Increased Property Value Homes and commercial properties equipped with solar panels often command higher resale values. Studies show that properties with solar installations are more attractive to buyers due to their potential for long-term energy savings. Energy Independence and Reliability Find out how solar systems provide freedom from the grid, ensuring consistent power even during outages. 1. Reduced Dependence on the Grid With solar energy, users are less affected by fluctuations in electricity prices and power outages. This independence is particularly beneficial in regions with unreliable grid infrastructure. 2. Backup Power with Solar Batteries Pairing solar systems with battery storage ensures an uninterrupted power supply, even during grid outages or at night. Solar batteries are particularly valuable during natural disasters or emergencies when grid reliability is compromised. Societal Benefits of Solar Energy Explore how solar energy creates jobs, empowers communities, and promotes energy equity worldwide. Job Creation in the Solar Industry The solar energy sector is a significant source of employment, offering jobs in manufacturing, installation, and maintenance. As solar adoption grows worldwide, it contributes to local economic development by creating sustainable job opportunities. Empowering Communities Solar energy brings electricity to underserved areas, improving living standards and enabling essential services like education and healthcare. Solar-powered community initiatives can transform lives in remote regions. Promoting Energy Equity Programs like community solar make renewable energy accessible to low-income households, fostering energy equity and inclusivity. Technological Advancements in Solar Energy Learn about innovations in solar panel efficiency, smart systems, and battery storage that are shaping the future of solar energy. Innovations in Solar Panel Efficiency Research into high-efficiency PV cells, including bifacial and perovskite panels, is improving the performance of solar systems. These advancements ensure better energy output, even in low-light conditions. Smart Solar Systems The integration of Internet of Things (IoT) technology allows for real-time monitoring and management of solar systems. Smart inverters and grid-connected systems further optimize energy use and distribution. Battery Storage Advancements Improvements in lithium-ion and solid-state battery technologies have enhanced energy storage capabilities, enabling more efficient solar energy usage during peak demand. Challenges and Misconceptions About Solar Energy Address common concerns about solar energy, including upfront costs, efficiency, and space requirements, with practical solutions. 1. Initial Installation Costs While solar systems require a significant upfront investment, financing options like loans, leasing, and power purchase agreements (PPAs) make them more accessible. Over time, the savings on energy bills often outweigh the initial costs. 2. Efficiency and Weather Dependence A common misconception is that solar energy doesn’t work on cloudy days. Modern solar panels are highly efficient and can generate electricity even under diffused sunlight. Battery storage further addresses concerns about night-time energy use. 3. Land Use and Aesthetic Concerns Innovative solutions like rooftop solar and building-integrated photovoltaics (BIPV) minimize land use and integrate seamlessly with architectural designs, addressing aesthetic concerns. Measuring the Impact of Solar Energy Adoption Examine the tangible benefits of solar energy through metrics like energy savings, environmental impact, and community transformation. Energy Savings Over Time Case studies from worldwide demonstrate how solar adoption leads to significant savings. Tools like solar ROI calculators help users understand the long-term financial benefits. Environmental Impact Metrics Switching to solar energy can drastically reduce CO2 emissions. In developing countries, where electricity costs are rising, solar adoption is a key strategy for achieving national and global environmental goals. Community Transformation Solar energy projects have brought electricity to rural communities, enabling better education, healthcare, and economic opportunities. These transformations illustrate the profound societal benefits of solar adoption. Conclusion Switching to solar energy offers unparalleled benefits, from reducing environmental impact to achieving energy independence and financial savings. By investing in solar energy, individuals, businesses, and governments can contribute to a cleaner, more equitable, and economically resilient future. Solar energy isn’t just a solution for today, it’s an investment in tomorrow. Related Items: Benefits of Switching , Solar Energy Share Tweet Share Share Email Recommended for you Optimizing Solar Energy with Predictive Analytics and AI How Tech Giants Are Leading the Way in Solar Energy Adoption The Benefits of Switching to Hydrogen Fittings in Industrial Applications Comments
Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp. in Japan and better position the combined company to face competitive challenges around the world. The two carmakers have been holding preliminary talks about a combination, the people said Tuesday, asking not to be identified because discussions are private. One option being considered is the creation of a new holding company under which the combined businesses would operate, one of the people said. The transaction could also be expanded to include Mitsubishi Motors Corp., the person said. Discussions are early stage and may not lead to an agreement, the people said. While Honda and Nissan stopped short of confirming the merger talks, both automakers issued statements that reiterated their previous pledges for further future cooperation. “We will inform our stakeholders of any updates at an appropriate time,” Honda said in its statement. Such a deal would effectively consolidate the Japanese auto industry into two main camps: One controlled by Honda, Nissan and Mitsubishi and another consisting of Toyota group companies. It would also provide them with more resources to compete with larger peers globally after downsizing long-held partnerships with other carmakers. Nissan has loosened ties with France’s Renault SA and Honda has backed away from General Motors Co. The move toward a merger would follow a decision by the two companies earlier this year to work together on electric vehicle batteries and software. At that time, Honda Chief Executive Officer Toshihiro Mibe floated the possibility of a capital tie-up with Nissan. The two Japanese carmakers plan to sign a memorandum of understanding to discuss shared equity stakes in a new holding company, the Nikkei reported earlier in the day. The merger would help the manufacturers compete against rivals in electric vehicles such as Tesla Inc. and Chinese automakers, it said. American depositary receipts of Honda and Nissan shares climbed on the report. Nissan ADRs rose 12% and Honda’s gained 0.9% in late New York trading. In some ways, it could be seen as a defensive merger among Japan’s weaker players. Honda, Nissan and Mitsubishi combined sold about 4 million vehicles globally in the first six months of the year, well shy of the 5.2 million that Toyota sold on its own. Combining forces would allow the two companies to fend off Toyota, the world’s largest automaker, at home and abroad. Toyota has taken stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. Honda’s valuation stood at 6.8 trillion yen ($44.4 billion) as of the close of trading in Tokyo on Tuesday, well above Nissan’s 1.3 trillion yen market capitalization. But even their combined value is dwarfed by Toyota’s 42.2 trillion yen. Honda has long struggled to keep up with bigger capitalized rivals when it comes to investments in new technologies. It recently has shifted gears to boost hybrid gas-electric vehicles even as it spends billions of dollars on all-electric production. At the same time, Honda’s arms-length partnership with GM has been weakened, most recently earlier this month when their self-driving car partnership ended. GM has strengthened its ties with South Korea’s Hyundai Motor Co. Nissan is in need of a partner to put it back on a stronger financial footing as it steps up restructuring efforts to cope with stalled revenue growth and lower profits. It faces pressure from an activist shareholder and a daunting debt load that has led to speculation in credit markets about its investment grade rating. The Yokohama-based company has partially unwound its complex 25-year strategic partnership with Renault, a fixation of former Chair Carlos Ghosn. Rivalries and mutual suspicion mounted over the years and came to a head when Ghosn openly contemplated a merger, contributing to his downfall. The former chairman and CEO, who has filed a suit against his former company for ousting him in 2018, warned of a “disguised takeover” of Nissan by Honda in an August interview with Automotive News. The merger talks come after the Financial Times said last month that Nissan was looking for an anchor investor to replace part of Renault’s equity holding and that it hadn’t ruled out having Honda buy some of its shares.Once cold and lonely, ‘snow management’ at Tahoe resorts goes high-tech with lasers
Pesto Sauces Market size to increase by USD 936.2 Million between 2023 to 2028, Market Segmentation by End-user, Packaging, Geography , TechnavioCONWAY, Ark. (AP) — Elias Cato scored 23 points as Central Arkansas beat UNC Asheville 92-83 in double overtime on Sunday. Jordan Morris made two free throws with one second left for UNC Asheville (2-3) to force overtime tied at 71. Fletcher Abee's 3-pointer with 33 seconds left in the first overtime tied the game at 79 and led to the second extra period. Michael Evbagharu's layup gave Central Arkansas (2-4) the lead in the second OT and Cato followed with a 3-pointer as the Bears outscored the Bulldogs 21-12 to pull out the victory. Cato added nine rebounds for the Bears. Layne Taylor totaled 19 points, seven assists, six rebounds and five steals. Brayden Fagbemi pitched in with 19 points, seven assists and five steals. The Bulldogs (2-3) were led by Fletcher Abee, who recorded 27 points. UNC Asheville also got 17 points from Josh Banks. Toyaz Solomon finished with 15 points, 15 rebounds and three blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
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