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Daily Archives: July 7, 2022
Pritzker Private Capital Adds Technology and Automation Expertise to its Operations Group – Yahoo Finance
Posted: July 7, 2022 at 9:08 am
New Hires Provide Digital Transformation and Automation Resources to Accelerate Growth and Innovation Across the PPC Family of Companies
CHICAGO, July 07, 2022--(BUSINESS WIRE)--Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced the addition of two functional experts to its Operations Group, which supports growth initiatives across the PPC family of companies. Anish Sharan, Head of Digital Transformation, will support the adoption of digital capabilities, including artificial intelligence and robotic process automation, to enhance customer experience and deepen data utilization. Tim Giulianelli, Vice President of Automation, will support the evaluation and implementation of technology and automation systems across manufacturing and production facilities. Mr. Sharan and Mr. Giulianelli each bring deep, specialized experience that is especially relevant for PPCs businesses in todays environment.
Along with other members of PPCs Operations Group, Mr. Sharan and Mr. Giulianelli will work closely alongside company teams and PPC professionals to support sustained growth, innovation and operating excellence across PPCs family of companies. The hires represent PPCs continued development and expansion of its Operations Group, as the firm offers customized resources and value-creation expertise in areas that resonate with the needs of its companies.
"We have strong conviction that enhancing our capabilities to support the growth of our companies will enhance our reputation as an excellent partner for management teams," said David Gau, Head of PPCs Operations Group. "Anish and Tim bring deep experience in digital and automation, which we have identified as key areas of opportunity for our companies. Their expertise is an exciting complement to talent already in our Operations Group, and I look forward to collaborating with them as we help our companies build sustained value."
"Companies in every sector can leverage a digital transformation strategy to improve the customer experience and modernize data capabilities," said Mr. Sharan. "PPC demonstrates a clear understanding of how digital capabilities and data analytics can help businesses grow in todays economy, and I am delighted to join the team."
Mr. Sharan joins from the Chicago Mercantile Exchange, where he was Director of Transformation and Execution, responsible for driving digitization, technology modernization and enterprise transformation initiatives. He previously held senior digital operations, e-commerce and technology-focused roles at The Nielsen Company, Leo Burnett Worldwide and Motorola.
"Im excited to join the talented team at PPC, with its commitment to operational excellence and track record of forming quality partnerships with owners and management teams," said Mr. Giulianelli. "I look forward to helping propel automation capabilities across the PPC family of companies."
Mr. Giulianelli joins from Jabil Packaging Solutions, where he was Senior Global Automation Engineer overseeing the companys automation and manufacturing engineering team in executing multi-million-dollar automation and robotics programs. He previously held various manufacturing and automation engineering roles at API Technologies and Erie Plastics.
About Pritzker Private CapitalPritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005238/en/
Contacts
Abernathy MacGregorDan Scorpio / Kyla MacLennan(312) 640-3111 / (646) 939-3062dps@abmac.com / kam@abmac.com
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Women in Technology Announces 2022 – 2023 Board of Directors – Yahoo Finance
Posted: at 9:08 am
FALLS CHURCH, Va., July 07, 2022--(BUSINESS WIRE)--Women in Technology (WIT), the premier organization contributing to the success of professional women in the Washington, D.C. area technology community, today announced its 2022 - 2023 Board of Directors.
Leading the organization as this years President is Amber Hart, Founder and Co-Owner of The Pulse of GovCon. Prior to assuming the Presidential role, Amber Hart served as a Board Member of WIT and George Mason Universitys Center for Government Contracting (CGC) Advisory Board in the School of Business.
"Despite national conversations about gender diversity in technology, women are still underrepresented, underpaid and often discriminated against in the industry. These women make such significant impacts in their roles for their companies, for the lives of others, and for those who will walk after them. We are excited to bring focus to their work and recognize them for their achievements," said Hart.
Women in Technologys Leadership is comprised of dedicated team of female professionals committed to empowering women to be architects of change in the technology industry.
Women in Technology Board of Directors for 2022 - 2023
President: Amber Hart, The Pulse of GovCon
Immediate Past President: Cristine Gollayan, SONY
President-Elect: Julie Murphy, Sage Communications
Board Member, Secretary: Emily Brash, Curate Partners
Board Member, Treasurer: Nancy Popovich, The Popovich Financial Group
Board Member, General Counsel: Kathryn Harris, RLG, plc
Board Member, Sponsorship Chair: Jennifer Sokalski, Signature Consultants
Board Member at Large, Special Events: Carrie Drake, Maxar Technologies
Board Member at Large, Executive Development: Leslie Bauer
Board Member, Communications Chair: Aneta Zawila-Jordan, yorCMO
Board Member, Membership Chair: Maureen Cannon, Amazon Web Services
Board Member, Programs Chair: Melanie Condron, Accenture Federal Services
Board Member at Large, Emerging Leaders: Kathi Hanrahan
Board Member at Large, Special Interest Groups: Lisa Shea Mundt, The Pulse of GovCon
Board Member at Large, Volunteer Engagement: Suehaila Nabulsi, Capital One
Story continues
About Women in TechnologyWomen in Technology (WIT) is a not-for-profit organization with the mission of advancing women in technology from the classroom to the boardroom. With more than 1,000 members in the Washington, D.C. area, WIT fulfills its vision by providing leadership development, technology education, networking, and mentoring opportunities for women at all levels of their careers and for girls interested in STEM. For more information, please visit: womenintechnology.org or connect with us via Facebook, LinkedIn or Twitter @WITWomen.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005120/en/
Contacts
MediaJulie Murphy703-584-5634
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The Latin of Software Code Is Thriving – The New York Times
Posted: at 9:08 am
Caitlin Mooney is 24 years old and infatuated with technology that dates to the age of Sputnik.
Mooney, a recent New Jersey Institute of Technology graduate in computer science, is a fan of technologies that were hot a half-century ago, including computer mainframes and software called COBOL that powers them. That stuff wont win any cool points in Silicon Valley, but it is essential technology at big banks, insurance companies, government agencies and other large institutions.
During Mooneys job hunt, potential employers saw her expertise and wanted to talk about more senior positions than she was seeking. They would get really excited, Mooney told me. Shes now trying to decide between multiple job offers.
The resilience of decades-old computing technologies and the people who specialize in them shows that new technologies are often built on lots of old tech.
When you deposit money using your banks iPhone app, behind the scenes it probably involves computers that are the progeny of those used in the Apollo moon missions. (Also, half-century-old computer code is baked into the iPhone software.)
Its often seen as a problem or a punchline that so much musty technology is still around. But its not necessarily an issue.
If it aint broke, dont fix it, joked Ellora Praharaj, director of reliability engineering at Stack Overflow, an online forum popular with tech workers. Students out of school these days dont necessarily want to work in uncool older languages. But the reality of the world is this is what powers many of our existing systems.
Praharaj said she learned COBOL in college in the mid-2000s and hated it. But until about five years ago, she was regularly using a 1950s computer programming technology called Fortran in a former job in the financial services industry. The old stuff is everywhere.
Latin is dead, but old computer programming languages like COBOL live on.
The typical salary for a COBOL programmer jumped 44 percent in the past year to nearly $76,000, according to a pay survey from Stack Overflow. The self-reported compensation is below that for people who use trendy software languages like Rust at $87,000, but it was the largest dollar increase in the survey.
(For the data fans among us: Stack Overflow said the survey had a significant sample size but wasnt necessarily representative.)
All of this also shows that computer nerds are subject to basic supply and demand dynamics. There arent a bunch of people like Mooney who want to work on mainframes and COBOL; the continued need for their skills gives them power. A job hunter wanting real-world COBOL experience wrote recently on the tech bulletin board Hacker News, COBOL devs are a specialized niche these days and they get paid accordingly.
Of course, it would be hard to find anyone who believes Boomer technologies are the next big thing. Most university computer science programs dont focus on mainframes, COBOL or Fortran.
Year Up, an organization that trains young adults for jobs in technology fields, told me that it discontinued training in COBOL. Potential employers asked Year Up to focus its curriculum on newer and more widely used software programming languages such as Java and Python.
Some people with years of experience in older tech say they worry theyve boxed themselves out of jobs with more potential.
But computer science specialists told me that while they wouldnt recommend young people devote themselves entirely to old technologies, they can be a useful foundation. Inevitably, todays hot coding fads will be replaced by something new. The important skill is to learn how to keep learning, said Jukay Hsu, chief executive of Pursuit, a tech work force training venture.
Mooney became curious about computer programming while taking business courses at a community college. She said she started doing her accounting homework in Python for fun. When she took a course taught by a professor who specialized in COBOL, Mooney found that she liked it. She also felt welcomed by a community of computer mainframe die-hards who were eager to help a young novice.
It was really, really great for building up my confidence and skill set, Mooney said.
The irony is that the designers of COBOL never expected the software to last this long. As my colleague Steve Lohr wrote in an obituary for Jean Sammet, a designer of COBOL, the softwares pioneers expected it to be a useful stopgap until something better came along.
That was about 40 years before Mooney was born. The old stuff will probably be around after the next 40 years.
How war bedeviled Russias coolest company: At Yandex the Russian equivalent of Google mixed with Amazon, Spotify and Uber employees and executives are divided over how to manage Russias demands to scrub the internet of the truth about the war in Ukraine, my colleague Neil MacFarquhar reported.
An overhyped technology finds its groove: 3-D printers that spit out layers of material to form objects were once imagined as technology for our homes. Steve Lohr wrote that 3-D printing may be most promising for mass manufacturing products such as a complex part needed for cooling computer processors.
In related news from Kevin Rooses 2021 Good Tech Awards: Using 3-D printing to address the housing crisis.
Nobody knows how to watch movies anymore. What just happened? I got distracted by a TikTok notification. Wired mulled over what we gain and lose from watching movies at home or on our phones. (A subscription may be required.)
In southwestern Australia, a western spiny-tailed gecko is rooming with a possum family in a nest box. Scientists were surprised theyre all getting along nicely.
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California approves $5 million to fund diversity in science and technology education – University of California, Santa Cruz
Posted: at 9:08 am
The State of California has approved $5 million in funding for the Cal-Bridge program, which provides a pathway for underrepresented students in California Community Colleges and the California State University (CSU) system to pursue advanced PhD degrees through the University of California system and join the California science and technology workforce, including as public university faculty.
The Cal-Bridge program, launched in 2014, is a statewide partnership between 9 UC, 23 CSU, and 116 community colleges across California supporting CSU students majoring in physics, computer science, and mathematics to matriculate into PhD programs across the state and nation. The new California state budget allocation will enable Cal-Bridge to expand the subject areas covered and extend its impact, supporting Cal-Bridge scholars all the way from their CSU undergraduate studies through their UC PhDs.
The new state funding will provide more young Californians from historically underrepresented communities with the opportunity to pursue a doctorate degree and access the support needed to successfully complete the degree and thrive in their chosen professions, said Lori Kletzer, Campus Provost and Executive Vice Chancellor at UC Santa Cruz.
Bruce Schumm, a professor of physics at UC Santa Cruz who co-leads the Northern California Cal-Bridge program, said plans for the expansion include developing a comprehensive program of support and professional development through the years of graduate study. This generous funding from the state will allow us to complete a unique, end-to-end pathway that can support students from our diverse community college and CSU campuses from the earliest steps of their college education through their entrance into careers in academia and industry, he said.
The expanded program will build a pathway for thousands of California students from diverse backgrounds to achieve the expertise needed to fill university faculty and technology leadership positions in California and beyond.
Diversifying the professoriate will lead to a growth in gender, racial, and ethnic representation in the technology workforce more broadly by increasing the number of students from historically underrepresented groups completing degrees in STEM fields because they see faculty that look like them, said Cal-Bridge Executive Director Alexander Rudolph, professor of physics and astronomy at Cal Poly Pomona. As countries around the world are increasing their investment in science and technology, making sure our nation uses all of the available talent in developing our expertise and capabilities in these fields is an issue of economic and national security.
Im so proud to have secured $5 million in the California State budget for the Cal-Bridge program to diversify the States science and technology workforce, said Assemblywoman Cottie Petrie-Norris (D-Irvine), who was the chief sponsor of the effort to win funding for the initiative in the state budget. Breaking down barriers to entry into STEM fields for historically underrepresented groups and diversifying Californias public university professoriate will help California continue to thrive as a world-class hub for innovation.
UCSC graduate student Rene Padilla is a Cal-Bridge scholar who credits the program with clearing his pathway to a Ph.D. Padilla started his education at Modesto Junior College, going on to receive his B.S. degree in physics from Stanislaus State in 2019.
Making the transition from a community college to a CSU campus was challenging, said Padilla. However, doing the transition from a CSU to a PhD was even harder and more complex. Nevertheless, the Cal-Bridge community gave me the necessary tools to successfully make the transition and move forward towards my dream school. Now, after several years, I am a candidate for a PhD in physics at UC Santa Cruz. I never imagined that I could make it that far, but having the support from a program like Cal-Bridge made a big difference in my life. I am sure that increasing the resources of the Cal-Bridge program will increase the chances of students like me to get into high-level education programs.
Phil Ting (D-San Francisco), Chair of the Assembly Budget Committee and Nancy Skinner (D-East Bay), Chair of the Senate Budget Committee together helped shepherd the appropriation into the state budget and are both excited to support the Cal-Bridge Initiative. Ting commented, Cal-Bridge is a uniquely Californian treasure, ensuring fair and equal access to all the opportunities offered by our states outstanding higher education system. Cal-Bridge opens doors for all in our state to the most exciting and well-paid careers in science and technology, regardless of where they start their education. Im excited to support Cal-Bridge, to see it funded in this years budget and look forward to watching it grow to benefit thousands of Californians over the coming years.
Skinner added, California has made progress in diversifying our public colleges and universities, but there is still much work to do. Black and Latinx students, in particular, remain underrepresented at our CSU and UC campuses. The Cal-Bridge program is essential to closing this racial gap, which is why Im proud the Legislature and Governor have agreed to fund it in this years state budget. Cal-Bridge not only is effective at attracting underrepresented students to STEM fields, but also in ensuring that our cohort of future college professors in physics, computer science, and mathematics is diverse as well.
For more information, visit http://www.calbridge.org.
About Cal-Bridge: The Cal-Bridge program has the mission to create a comprehensive, end-to-end pathway for undergraduates from the diverse student population of the CSU system through graduate school to a PhD, postdoctoral fellowship, and ultimately membership in the professoriate and science and technology workforce. Students in the program are referred to as Cal-Bridge scholars.
The program is a partnership between 9 University of California (UC), all 23 California State University (CSU), and the 116 community college campuses in California, thus fulfilling the promise of cross-segmental cooperation envisioned in the California Master Plan for Higher Education. Scholars are recruited from CSU and community college campuses across the state, with the help of local faculty and/or staff liaisons at each campus. Community college students transfer to a participating CSU to join the program.
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How the technology behind ‘Fortnite’ is being used to design IRL buildings – Fast Company
Posted: at 9:08 am
The video game Fortnite Creative has gathered a global audience of millions with a simple proposition: The game enables players to build virtual spacesand easily experience them with others. Its the digital, multiplayer version of a sandbox, or the equivalent of a pile of Lego bricks that anyone around the world can come stack.
Its all fun and games. But its also the kind of accessible building and design tool that has relevance beyond playtime. Increasingly, the technology behind Fortnite and other video games is being adapted for use in the very real world of architecture, urban planning, and development.
[Photo: Courtesy Lumen]Ken Pimentel, the architecture industry manager at Epic Games, is focused on bringing the companys video game visualization enginesthe entry-level Twinmotion and the advanced Unreal Engineinto the world of architecture. These tools are used to turn digital models and drawings into 3D virtual spaces that can be augmented and adjusted in real time.
Like the video games theyre typically used to power, Twinmotion and Unreal Engine can make an architectural model into an easily navigable 3D environment that people can access, often with little more than a web browser. Adding elements of video game play to architectural design means people can even adjust designs and see what those changes look like in real time.
For designers, the tools make it possible to create highly visual representations of projects very quickly. The technology greatly increases what Pimentel calls a design teams what-ifs per hour.
The more what-ifs you can explore in the same amount of time is going to make you more creative and more efficient, says Pimentel, who previously worked for the architecture software company Autodesk. You can make real-time decisions, and you need the visual detail to support that decision-making.
[Photo: Courtesy Digital Urban]Its a useful way for architects to develop their designs, both in conjunction with clients as well as with the public. In the United Kingdom, a project is underway to build and modernize dozens of rail stations across Britain. To engage the public in guiding these designs, the U.K. Design Council is using Twinmotion technology to power an online and in-person interactive design process that allows users to manipulate 3D models of a prototype train station, adding features and changing layouts.
In contrast to more traditional public participation processes that involve gathering feedback and ideas and then waiting for the designers to try them out, this method lets members of the public configure designs and see how they change to accommodate different conditions immediately. The process is being used to guide final designs.
Another project using technology from Epic Games is the renovation of the Canadian Parliament complex in Ottawa. Led by the architecture firm HOK, the decade-long rehabilitation project is using the real-time visualization tools in Unreal Engine to create a kind of video game version of the project showing exactly whats being done at any moment.
Intended more for internal use by the design and contractor teams, the digital version uses 3D models to create a detailed digital twin of the project, with high-resolution graphics showing structural details and interior finishes. Integrating scans of the construction site and internet-of-things sensors within the building, the digital model made in Unreal Engine offers a nearly live view of the project.
It shows a realistic representation of whats actually happening in some of these rooms, says David Weir McCall, architecture marketing manager at Epic Games. It allows for an honest conversation around the space and how its being developed.
[Photo: Courtesy Centrus]These projects are just the start, according to Pimentel, who expects this kind of real-time modeling and visualization to be used more widely in the architecture industry in the coming years. Commercial licenses for Twinmotion start at $499, and individual licenses for Unreal Engine are $1,500.
Pimentel says Epic Games recently worked with the American Institute of Architects to introduce the technology to about 60 different architecture firms, showing the real-time design and feedback these game-centric tools make possible. He expected maybe 10 of the firms to express interest in integrating the tools into their practice. About 40 did.
The fact that so many more people are familiar with these kinds of visualizations in the context of video games could be changing expectations when it comes to presenting architectural designs. Pimentel saysapplying the immersive nature of video games to architectural projects is a natural pivot. We deliver experience, he says. Thats something uniquely possible with real-time tools.
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How the technology behind 'Fortnite' is being used to design IRL buildings - Fast Company
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Californias chronic technology woes will be probed – CalMatters
Posted: at 9:08 am
In summary
Californias state government has a sorry record on using information technology to make agencies more efficient, and a new audit aims to find out why.
Last months primary election was the latest test for a state computer system that is supposed to provide timely and complete data on campaign contributions, lobbying expenditures and other financial aspects of the political process.
Cal-Access, as its known, struggled to do what it was supposed to do, which surprises exactly no one who tries to use the system.
Its not a new problem. The shortcomings of the 23-year-old political reporting system have been known for years. The former secretary of state, Alex Padilla, once described Cal-Access as a Frankensteins monster of code that is in need of a complete rebuild and sponsored 2016 legislation to create a replacement.
Then-Gov. Jerry Brown, himself a former secretary of state, agreed that the system needed an overhaul and signed the legislation. A successor system was supposed to be ready within a few years, but it wasnt.
Last year, Padilla was appointed to the U.S. Senate. Shirley Weber, a Democratic assemblywoman from San Diego, was named as his successor and she more or less scrapped what Padilla had done on the Cal-Access Replacement System or CARS, as its called.
To ensure that the CARS project can fully meet its statutory obligations, the scheduled June 30, 2021, rollout of the project will be postponed, Weber said. Moving forward, the secretary of states office will assess the projects state of readiness so that on the date it goes live it will meet the expectations of the public, stakeholders and the regulated community.
Its another example of a syndrome that has plagued state government for years. While Californias Silicon Valley and other technology hubs may be global leaders in the development of information technology, its state government has been chronically incapable of implementing IT systems that work as promised.
One of the most spectacular IT failures was a meltdown in the Employment Development Departments handling of claims for unemployment insurance benefits from hundreds of thousands of California workers who lost their jobs due to pandemic-related shutdowns, compounded by approving billions of dollars in payments to fraudsters.
The long list of IT systems that that have failed, incurred huge cost overruns and/or were delayed for years is, or at least should be, especially embarrassing to Gov. Gavin Newsom. In 2013, he published a book, Citizenville: How to Take the Town Square Digital and Reinvent Government, predicting that technology would transform American democracy and end political gridlock.
Californias sorry record of IT failure raises the obvious question of why? Is it bureaucratic sclerosis? Is it an inability to define missions precisely enough for software engineers to design solutions? Do vendors overpromise results to pad their bills?
The state auditors office has identified managerial shortcomings in many specific projects, such as one dubbed FI$Cal, supposedly a comprehensive integration of financial data. However, theres never been an analysis of what obviously is a systemic procurement failure until now.
Last week, the Legislatures audit committee directed the auditors office to examine the entire IT procurement system, beginning with the Department of Technology, which was created several years back to solve the chronic problem.
State Assembly, District 74 (Costa Mesa)
Expand for more about this legislator
State Assembly, District 74 (Costa Mesa)
Time in office
2018present
Background
Small Business Owner
How she voted 2019-2020
Liberal Conservative
District 74 Demographics
Race/Ethnicity
Latino 17%
White 59%
Asian 19%
Black 1%
Multi-race 3%
Voter Registration
Dem 35%
GOP 35%
No party 25%
Other 4%
Campaign Contributions
Asm. Cottie Petrie-Norris has taken at least $2 million from the Party sector since she was elected to the legislature. That represents 34% of her total campaign contributions.
The audit was requested by Assemblywoman Cottie Petrie-Norris, an Irvine Democrat who chairs the Assembly Accountability and Administrative Review Committee.
The pandemic showed us the disastrous results of state IT systems that are overloaded, antiquated, and not ready for the task ahead, Petrie-Norris said. This audit request is a critically needed look at the technology systems Californians should be able to easily rely on every day to interact with their government and obtain vital services.
A long-overdue look.
CalMatters is a nonprofit newsroom and your tax-deductible donations help us keep bringing you and every Californian essential, nonpartisan information.
I read and support CalMatters to get beyond the PR spin, to see how California governments are serving or failing their goals.
Featured CalMatters Member
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The Greatest Gene Editing Technology on the Planet? – Genetic Engineering & Biotechnology News
Posted: at 9:08 am
Sponsored content brought to you by
Cas-CLOVER significantly reduces off-target risk with a paired gRNA, deactivated Cas fusion protein (dCas), and dimeric Clo051 nuclease. A proven technology for cell line development (CLD) and bioprocessing, agriculture, and synthetic biotechnology, Cas-CLOVER also features high efficiency in target cells and organisms coupled with simple and flexible design and technology licensing (Figure 1).
One common question is, Without Cas9, how do we design the guides? says David Norman, senior scientist at Demeetra. Some have struggled with other alternatives to Cas9 where less is known about guide design. Cas-CLOVER seamlessly works with your favorite design platforms and gRNA manufacturers.
Cas-CLOVERs flexible spacer between the two gRNAs required for Clo051dimerization enables target accessibility. In cells, yeast and plants, high activity between 12 and 32 base spacers is common. Ive never seen a sequence we couldnt target. Our guidance is to start with spacers of 1530 bases, Norman says. (See Figure 2 and Figure 3).
The end result is beneficially distinct from CRISPR-Cas9, because its a completely different nuclease. While Cas9 typically results in smaller blunt-end deletions, Clo051 yields larger deletions with four-base overhangs, Norman continues. Large deletions are easier to identify, cutting down workflow processes. Researchers have also observed higher knock-in efficiency with Cas-CLOVER using homology-directed repair (HDR) and non-homologous end joining (NHEJ).
Gene editing can improve biotherapeutics; the manufacturing of viral vectors; cultured meats and proteins; and even agriculture. However, economic barriers and FTO confusion have slowed commercial use. We want Cas-CLOVER applied for maximum ROI for our partners, says Jack Crawford, CEO at Demeetra. For established companies with large pipelines, an ideal license structure is much different than for CDMOs working on a cash-flow basis or start-ups looking to get to the next value inflection. Demeetra has established a flexible license framework for all situations. If Cas-CLOVER can help, we want to do the deal now and on mutually beneficial terms for licensees and, ultimately, society, Crawford adds.
Cas-CLOVER in plants is a growing success in both dicots and monocots. One such project is with Leena Tripathi at the International Institute of Tropical Agriculture (IITA), Kenya. Tripathi group and Demeetra collaborated to test Cas-CLOVER in banana plants. Delivering the Cas-CLOVER reagents to banana cell suspension and targeting the PDS gene resulted in the PDS knockout. This revealed the expected albino phenotype, and sequencing later confirmed large deletions associated with Cas-CLOVER (Figure 4).
We are very excited to improve the banana varieties preferred by farmers in Africa for disease-resistant bananas using Cas-CLOVER, Tripathi says. The gene edited banana with no foreign gene integration will not be regulated as a GMO in Kenya. The disease-resistant varieties will enhance banana production and increase the incomes of smallholder farmers in East Africa, where the banana is one of the major staple foods.
Engineering for disease resistance and delayed browning are next on the list. Traits for varieties that are sold locally in Africa will not be royalty bearing, while varieties that are exported such as Cavendish will be licensed by Demeetra. We have set up a robust process with Leenas group and are open to partnering with banana export companies, while providing unhindered value to African food security. Crawford says.
Unlike most traditional agricultural companies, Demeetra does not plan on providing seed or managing acreage. Instead, Cas-CLOVER is licensed for research that can convert to flexible commercial access. Clients can edit their target crop in-house or can use any CRO, including Demeetra, or academic group to create the edits they desire, Crawford says. Since we do not ourselves have an interest in any crop, other than for manufacturing cannabinoid drug candidates, we can be very creative with our license structureand the client owns all the IP created with the technology.
Imagine nearly 100% targeted editing with under 1% off-target risk. That is precisely what we are aiming for with our new Clo051 variants, says Corey Brizzee, strain engineering scientist at Demeetra. Through robust yeast gene editing and protein engineering capabilities, Demeetra has discovered hyperactive Clo051 mutants that reach 99% targeted editing as well as 10 times less cellular toxicity compared to Cas9 in yeast (Figure 1).
New hyperactive variants which Demeetra refers to as CLOVERx are expected to apply to all projects but will be especially important for organisms that require more resources such as plants and agricultural animals. Our licenses have always included future technology improvements; this is another benefit of partnering with Demeetra, Crawford concludes. These improvements to the platform are similar to updates to operating softwareimproving performance on a complimentary basis.
Visit us at http://www.demeetra.comto learn more about our technology, schedule time with one of our experts, or shop for reagents.
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SINTX Technologies Acquires Technology Assessment and Transfer, Inc. – Business Wire
Posted: at 9:08 am
SALT LAKE CITY--(BUSINESS WIRE)--SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (SINTX or the Company), an original equipment manufacturer of advanced ceramics, announced the acquisition of Technology Assessment and Transfer, Inc. (TA&T; https://www.techassess.com/), significantly increasing SINTXs capabilities in the aerospace, defense, and biomedical markets.
We are excited to acquire TA&T and take another step towards diversifying and strengthening SINTX, said Dr. Sonny Bal, President and CEO of SINTX. TA&T will expand our use of advanced manufacturing technologies and introduce new ceramic material platforms to the SINTX portfolio. We expect the acquisition to bring immediate revenue to SINTX via TA&Ts well-established relationships with commercial partners and the U.S. government.
TA&T, based in Maryland, is a nearly 40-year-old advanced ceramics business that specializes in developing and commercializing a broad array of innovative materials for defense, biomedical, and industrial applications. The companys technologies and products include 3D printing of ceramic medical devices and heat exchangers, chemical vapor infiltration and deposition of complex fiber-reinforced ceramic-matrix composites, and hot pressing of transparent armor and other technical ceramics. TA&T has a long track record of successfully winning research contracts and grants from the U.S. government and commercializing its innovative technologies.
As an example of TA&Ts innovation, ceramic heater bodies developed, designed, and manufactured by TA&T are a part of the Sample Analysis on Mars (SAM) instrument suite on board the Curiosity Rover (https://mars.nasa.gov/msl/home/). These oven heater bodies were manufactured by TA&T using Ceramic Stereolithography, a form of 3D printing and additive manufacturing, and can withstand the extreme temperatures of more than 1,500F that are required to heat soil samples on Mars in hopes of detecting signs of life. TA&T was selected by NASA to make these parts because of the prohibitive cost of traditional manufacturing techniques.
Technology Assessment and Transfer is excited about the opportunity that the SINTX acquisition provides for product growth in commercial, aerospace, and medical applications, said Dr. Larry Fehrenbacher, Co-Founder and President of TA&T. The blend of federally-funded innovative technologies and SINTXs business acumen is a compelling synergistic formula for future success.
Dr. Mark Patterson, who worked with TA&T previously, and is currently Principal Scientist at Kratos SRE, commented that In my view, the acquisition of TA&T by SINTX represents a significant opportunity to leverage complementary cultures and capabilities in the areas of advanced ceramics and innovation. TA&T has a long history of developing unique processes and ceramic materials for space, defense and commercial markets, and the company was an early developer of additively manufactured ceramic components for new ceramic markets. SINTX has complementary capabilities in biomedical devices and ceramic armor, with access to capital markets and organizational skills that will greatly help to mature and transition these technologies. I am excited to see what will come from this promising synergy, and hope that we will get to experience more ceramic products transitioned to end users.
Ascendiant Capital Markets LLC served as the sole M&A Advisor on the transaction.
About SINTX Technologies, Inc.SINTX Technologies is an OEM ceramics company that develops and commercializes advanced ceramics for medical and non-medical applications. The core strength of SINTX Technologies is the manufacturing, research, and development of ceramics for external partners. The Company presently manufactures silicon nitride powders and components in its FDA registered, ISO 13485:2016 certified, and ASD9100D certified manufacturing facility.
For more information on SINTX Technologies or its advanced ceramics material platforms, please visit http://www.sintx.com.
About Technology Assessment and Transfer, Inc.Technology Assessment and Transfer, Inc. (TA&T) is a high technology small business that specializes in development of advanced, materials-oriented technologies for aerospace, defense, bio-medical and industrial applications. TA&T uses government research grants to support advanced technology research and development innovations and commercialize via limited production, technology licensing and cooperative partnerships. TA&T provides a host of services that includes 3D printing, PVD-CVD coatings, material processing-CMCs, CIP, PS, HP, HIP and material characterization for powders and finished parts-TGA/DSC, PSD. SA, Dilatometry, UV-VIS and FTIR transmission, haze and clarity.
Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) including, but not limited to, statements regarding SINTXs ability to achieve revenues through its operation of TA&T, to expand its use of advanced manufacturing technologies, and, to introduce new ceramic material platforms to the SINTX portfolio. Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ from current expectations. Risks and uncertainties that may cause such differences include, among other things: integration of the businesses of each of SINTX and TA&T, SINTXs products may not prove to be as effective as other products currently being commercialized or to be commercialized in the future by competitors; risks inherent in manufacturing and scaling up to commercial quantities while maintaining quality controls; volatility in the price of SINTXs common stock; the uncertainties inherent in new product development, including the cost and time required to commercialize such product(s); market acceptance of our products once commercialized; SINTXs ability to raise funding and other competitive developments. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect managements current estimates, projections, expectations, and beliefs. There can be no assurance that any of the anticipated results will occur on a timely basis or at all due to certain risks and uncertainties, a discussion of which can be found in SINTXs Risk Factors disclosure in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) on March 25, 2022, and in SINTXs other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report.
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Insights on the Connected Car Global Market to 2027 – by Technology, Connectivity Solutions, Service, End Market and Region – ResearchAndMarkets.com -…
Posted: at 9:08 am
DUBLIN--(BUSINESS WIRE)--The "Connected Car Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global connected car market reached a value of US$ 62.83 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 156.6 Billion by 2027, exhibiting a CAGR of 16.44% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Connected cars refer to vehicles that are equipped with internet connectivity and advanced communication technologies to facilitate the exchange of information via numerous communication channels. They are designed to offer improved vehicle performance, enhanced convenience to the users, and efficient interaction of the transport system with its surroundings to prevent road accidents and notify prompts regarding parking space availability.
They also provide real-time traffic alerts to the driver and alarm emergency services in case of an unfortunate circumstance. Along with this, these alerts and signals further aid in enhancing the overall traffic performance and road safety management while ensuring optimal driving comfort. The growing dependency on uninterrupted connectivity to access navigation services is providing a thrust to the market growth.
The market is primarily driven by the increasing demand for in-car safety solutions. In line with this, the widespread integration of connected cars with advanced driver-assistance systems (ADAS) for mapping road obstacles and anti-lock braking systems (ABS) to enable safe braking is expected to create a positive outlook for the market.
Moreover, the advent of 5G connectivity and the rising utilization of artificial intelligence (AI) and machine-to-machine (M2M) interconnectivity between multiple cars are favorably impacting the market. In line with this, continual developments in the manufacturing of advanced suspension systems are also providing an impetus to the market.
The market is further driven by the escalating popularity of luxury cars among individuals with high disposable income levels and the emergence of autonomous driving trends. Some of the other factors contributing to the market growth include rapid digitization across the automotive sector and extensive research and development (R&D) activities conducted by key players.
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Connected Car Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
7 Market Breakup by Connectivity Solutions
8 Market Breakup by Service
9 Market Breakup by End Market
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/9oasuz
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ANGELALIGN TECHNOLOGY INC. Wins Several Awards on Institutional Investor Magazine’s "2022 All-Asia Executive Team" – GlobeNewswire
Posted: at 9:08 am
Shanghai, China, July 06, 2022 (GLOBE NEWSWIRE) -- On June 23rd, ANGELALIGN TECHNOLOGY INC. was awarded the Most Honored Company in Institutional Investors poll of 2022 All-Asia Executive Team. Ranked second overall in the category of Health Care & Pharmaceuticals, the company was at the second place in other four individual awards, namely Best CEO, Best IR Professional, IR Program, and ESG.
This year, a total of 1,612 listed companies across 18 sectors were nominated in the Institutional Investor 2022 All-Asia Executive Team Poll. Though it was the first time that ANGELALIGN TECHNOLOGY INC. was rated in the poll since its listing on the Hong Kong Stock Exchange in June 2021, the company received various awards from the Institutional Investor, which highlights the capital market's high recognition on ANGELALIGN TECHNOLOGY INC. in corporate governance and investor relations etc.
ANGELALIGN TECHNOLOGY INC. is a leading clear aligner treatment solution provider in China. Since established, the Company has been immersing itself in digital orthodontics by focusing on the needs of dental professionals and clinical scenarios. It has been developing industry-leading and proprietary technological capabilities in five disciplinary fields, including clinical stomatology, biomechanics, material science, computer science and intelligent manufacturing technology. With the help of continuously refined products and technological services, the company has been empowering doctors comprehensively. In face of an array of challenges from COVID-19 and weak consumption etc over the past year, ANGELALIGN TECHNOLOGY INC. maintained an agile forecasting on the market and quickly enforced coping strategies to seize opportunities at its best while devoted to long-term business growth. The Company achieved approximately 183,200 case shipments, served around 25,000 dental professionals throughout the year, gaining high-quality growth and breakthroughs, and further consolidating its leading position in Chinas clear aligner market. According to the report by China Insights Consultancy, measured by the delivered case shipments in 2021, ANGELALIGN TECHNOLOGY INC. harvested a highest market share of 41.1% in Chinas clear aligner industry.
ANGELALIGN TECHNOLOGY INC. Wins Several Awards on Institutional Investor Magazine's "2022 All-Asia Executive Team"
Institutional Investor is one of the most influential financial magazines for global investment institutions and has enjoyed high credibility since its publication for more than 50 years. The magazine carries out management team survey for listed companies all over the world annually. Only certified financial professionals own the rights to vote, making the ranking of Institutional Investor one of the most authoritative rankings in the capital market, and its ranking results become a global investment trendsetter, recognized by buy-side investors and sell-side institutions.
This year, a total of 4,854 buy-side professionals and 670 sell-side analysts participated in this survey. Among them, the number of voters increased by 35% compared to 2021, reaching a record high, with an estimated $2 trillion in Asia (ex-Japan) equities. The nominated listed companies were rated on several core areas as below:
1. Services & Communications
Business & Market Knowledge
Accessibility of Senior Execs
IR Team Authority & Credibility
Responsiveness
Roadshows/Conferences/Meetings
Earnings Calls
2. Financial Disclosure
Timing to Market (Timeliness)
Consistency
Granularity
3. CEO
Communication
Credibility
Leadership
4. CFO
Capital Allocation
Communication
Financial Stewardship
5. IR Professional
Overall performance
ANGELALIGN TECHNOLOGY INC. has been committed to helping doctors achieve stable, easy, fast, and accurate diagnosis and treatment through products and technological services driven by digital technologies, and bringing people healthy, straightened teeth and brighter smiles. ANGELALIGN TECHNOLOGY INC. specialized in digital dentistry, is keen to work with doctors to generate cutting-edge innovations based on doctors clinical feedback and patients needs. Furthermore, with continuous efforts in innovation and evolution, the company relies on its interdisciplinary R&D capabilities - it has built reliable technological and data platforms to provide more targeted and reliable solutions for complex malocclusion cases. At the same time, ANGELALIGN TECHNOLOGY INC. effectively implements international standard-based corporate governance, and has a hard-working, farsighted, and experienced management team.
As the "First Stock of Orthodontics in China", ANGELALIGN TECHNOLOGY INC. boasts a management team that keeps taking a proactive and holistic attitude, firmly adheres to the principle of "Customer first and upholds the mission of "Use technology to create brighter smiles to influence the world". Under the two-wheel drive of medical science as the essence and technological innovation as the focus, the Company will give full play to its core advantages to stimulate the upstream and downstream of the industrial chain and break the existing technological barriers, in the meantime, committed to remaining as the pioneer in the field of digital orthodontics in China and promoting the growth, transformation and sustainable development of China's digital orthodontic ecosystem.
Company: ANGELALIGN TECHNOLOGY INC.
Email: investor@angelalign.com
Website: http://www.angelalign.com
Tel: (86) 21-56561919
City: Shanghai
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