Featured Stories
Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
FAYETTEVILLE, Georgia, April 22 [Category: BizHealth Care] -- Piedmont posted the following news release:
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Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
Atlanta, Ga. (April 21, 2025) - The genetic cardiac disease hypertrophic cardiomyopathy (HCM) causes the heart muscle to become abnormally thick, which makes it harder for the heart to pump enough blood to meet the body's needs. The Hypertrophic Cardiomyopathy Center at Piedmont is now designated by the Hypertrophic Cardiomyopathy Association (HCMA) as a Center of Excellence (COE) for management of this disease.
... Show Full Article
FAYETTEVILLE, Georgia, April 22 [Category: BizHealth Care] -- Piedmont posted the following news release:
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Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
Atlanta, Ga. (April 21, 2025) - The genetic cardiac disease hypertrophic cardiomyopathy (HCM) causes the heart muscle to become abnormally thick, which makes it harder for the heart to pump enough blood to meet the body's needs. The Hypertrophic Cardiomyopathy Center at Piedmont is now designated by the Hypertrophic Cardiomyopathy Association (HCMA) as a Center of Excellence (COE) for management of this disease.
HCMA Centers of Excellence are recognized for providing comprehensive diagnostic, treatment, education and research programs.
"This is an exciting time for our program, as the HCMA will help us to further ensure that patients and families have access to the best care possible through support, advocacy, and education," said Kenneth Taylor, M.D., director of the Hypertrophic Cardiomyopathy Center.
HCM affects one in every 250 people worldwide, according to the HCMA. However, it can often go undiagnosed because many people with the disease have few, if any, symptoms. However, some people with HCM do experience symptoms such as shortness of breath, dizziness, or chest pain. Patients tend to experience these symptoms during exercise.
Piedmont Heart, a national destination for cardiovascular care, offers complete multidisciplinary evaluation and treatment options for patients and families with HCM through the Hypertrophic Cardiomyopathy Program. Many HCM patients successfully control their symptoms solely with medications. For the small percentage of patients for whom medication is not enough, a range of surgical options is available as well.
"High volume, expert care for HCM is now accessible for all in Georgia thanks to the addition of Piedmont Heart to the HCMA Recognized Center Program," said Lisa Salberg, HCMA CEO and founder. "With new treatments, improved diagnostics, and compassionate care with access points throughout the state, HCM patients and families will be safer and have the opportunity to live their best lives!"
Piedmont is the third site in Georgia to obtain this designation.
To learn more about Piedmont Heart's Hypertrophic Cardiomyopathy Program, go to piedmont.org/HCM.
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Original text here: https://www.piedmont.org/about-piedmont-healthcare/media-room/stories/news-article?story=5424&type=1
Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
FAYETTEVILLE, Georgia, April 22 [Category: BizHealth Care] -- Piedmont issued the following news release:
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Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
Atlanta, Ga. (April 21, 2025) - The genetic cardiac disease hypertrophic cardiomyopathy (HCM) causes the heart muscle to become abnormally thick, which makes it harder for the heart to pump enough blood to meet the body's needs. The Hypertrophic Cardiomyopathy Center at Piedmont is now designated by the Hypertrophic Cardiomyopathy Association (HCMA) as a Center of Excellence (COE) for management of this disease.
... Show Full Article
FAYETTEVILLE, Georgia, April 22 [Category: BizHealth Care] -- Piedmont issued the following news release:
* * *
Piedmont's Hypertrophic Cardiomyopathy Program Named Center of Excellence
Atlanta, Ga. (April 21, 2025) - The genetic cardiac disease hypertrophic cardiomyopathy (HCM) causes the heart muscle to become abnormally thick, which makes it harder for the heart to pump enough blood to meet the body's needs. The Hypertrophic Cardiomyopathy Center at Piedmont is now designated by the Hypertrophic Cardiomyopathy Association (HCMA) as a Center of Excellence (COE) for management of this disease.
HCMA Centers of Excellence are recognized for providing comprehensive diagnostic, treatment, education and research programs.
"This is an exciting time for our program, as the HCMA will help us to further ensure that patients and families have access to the best care possible through support, advocacy, and education," said Kenneth Taylor, M.D., director of the Hypertrophic Cardiomyopathy Center.
HCM affects one in every 250 people worldwide, according to the HCMA. However, it can often go undiagnosed because many people with the disease have few, if any, symptoms. However, some people with HCM do experience symptoms such as shortness of breath, dizziness, or chest pain. Patients tend to experience these symptoms during exercise.
Piedmont Heart, a national destination for cardiovascular care, offers complete multidisciplinary evaluation and treatment options for patients and families with HCM through the Hypertrophic Cardiomyopathy Program. Many HCM patients successfully control their symptoms solely with medications. For the small percentage of patients for whom medication is not enough, a range of surgical options is available as well.
"High volume, expert care for HCM is now accessible for all in Georgia thanks to the addition of Piedmont Heart to the HCMA Recognized Center Program," said Lisa Salberg, HCMA CEO and founder. "With new treatments, improved diagnostics, and compassionate care with access points throughout the state, HCM patients and families will be safer and have the opportunity to live their best lives!"
Piedmont is the third site in Georgia to obtain this designation.
To learn more about Piedmont Heart's Hypertrophic Cardiomyopathy Program, go to piedmont.org/HCM.
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Original text here: https://www.piedmont.org/ContentPage.aspx?nd=17334&story=5424&type=1
Nexalus, Intel Deliver Innovative Cooling Tech as Computing Demand Grows
SANTA CLARA, California, April 22 -- Intel, an industry that says it creates world-changing technology that enables progress and enriches lives, issued the following news:
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Nexalus, Intel Deliver Innovative Cooling Tech as Computing Demand Grows
Smart co-engineering delivers new cooling solutions that capture over 95% of heat from CPUs, paving the path to more sustainable heat sources.
Hidden out of plain sight, small, suitcase-sized boxes perched high on transmission towers are responsible for every cellphone call, video and text, every second, every day.
Crammed inside each box, an
... Show Full Article
SANTA CLARA, California, April 22 -- Intel, an industry that says it creates world-changing technology that enables progress and enriches lives, issued the following news:
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Nexalus, Intel Deliver Innovative Cooling Tech as Computing Demand Grows
Smart co-engineering delivers new cooling solutions that capture over 95% of heat from CPUs, paving the path to more sustainable heat sources.
Hidden out of plain sight, small, suitcase-sized boxes perched high on transmission towers are responsible for every cellphone call, video and text, every second, every day.
Crammed inside each box, anorchestra of Intel-based communications equipment - GPU, CPU, network interface cards and numerous other electronics - must be kept safe from extreme weather (think sub-zero temperatures or scorching desert-like heat) to operate efficiently.
The communications boxes must also meet stringent local regulations. For example, they must be relatively light, weighing in at no more than 22 kilograms (less than 50 pounds), and have to run quietly.
As AI usage grows across numerous devices powering a new AI-centric era, so too does the demand for computing. All that demand takes power to run the central processing units (CPUs), graphics processing units (GPUs) and network cards. And that generates heat - lots of heat. Some 5G-based devices run at up to 81 degrees Celsius under full load.
Left unchecked, that heat will degrade performance, lead to system instability and potentially trigger hazardous fires.
Nexalus has exactly what these customers need.
Taking a Scalpel to a Red-Hot Issue
Headquartered in Cork, Ireland, this scientific and engineering company has collaborated with Intel to develop advanced thermal solutions that optimize efficiency and reduce costs of CPU- and GPU-based edge deployments.
These solutions, featuring smart heat exchangers, cold plates and tiny microjets that quickly pump cooling liquid across the hottest parts of a CPU and GPU, can capture over 95% of computation energy dissipated, repurposing it into hot water that can be redirected elsewhere as sustainable heat sources.
The tech is encased in the suitcase-sized, weather-sealed IP66 box that holds the tech to power modern 5G transmission towers.
This approach - akin to taking a precision-engineered scalpel to a long-standing computing challenge - is a greener, smarter alternative to today's noisy, energy-inefficient cooling methods, like air-cooled ventilation fans.
Nexalus specifically engineered this technology for Intel Xeon processors. It's the result of 2-plus years of research, design and rapid prototyping with Intel engineers around the world.
As Intel developed its CPU roadmap, teams shared blueprints and plans with Nexalus.
That vital information - like the specific location of computing cores that tend to generate the most heat under large workloads - helped the firm speed the development of its proprietary algorithms and optimize its advanced thermal solutions to target specific areas of the chip.
"We helped Nexalus to debug and to test their tech in varying real-world conditions, ensuring the CPU, GPU and memory were stressed to extreme temperatures in order to gauge its impact on performance and power levels," said Uzair Qureshi, system architect in the Edge Compute Group that is part of Intel's Client Computing Group.
Qureshi added that Intel teams spent up to nine months performing intensive tests with a singular goal: ensuring the system would not fail in ruggedized environments and could deliver the intended results without any CPU throttling.
A Multiyear Collaboration
As Intel innovates and unveils new CPU designs for performance-hungry data centers and telecommunications customers, Nexalus remains in lockstep, delivering advanced cooling solutions that ensure high-performance chips operate at peak efficiency in the most rugged environments imaginable.
The joint team also co-engineered these designs:
* Intel Flex Single-Slot GPU Block: A collaborative design that optimizes cooling and performance of GPUs.
* Next-Generation NIC Cooling Solutions: Advancing thermal management solutions for Intel's Ethernet solutions like the Intel Ethernet E810 Controllers and Network Adapters.
* Overclocking Intel(R) Xeon CPUs: With Nexalus' advanced cooling, customers are able to push Intel-based CPUs from 270 watts to 900 watts without any performance issues. This technology is used across industries. In Formula One racing, for example, numerous racing teams use Intel products enabled by Nexalus cooling for finite element analysis (FEA) simulations.
"Intel has spent many years deploying solutions at the network edge that has long been challenged by thermal management, power delivery and environmental factors," explained Dirk Blevins, senior director and senior principal engineer, NEX Platform Solutions Integration, Intel.
Blevins was among the key Intel technologists collaborating with Nexalus in developing advanced cooling solutions for customers seeking smart, energy-efficient alternatives.
"Nexalus' innovative approach is currently being evaluated by major OEMs and carriers, showing promising results that will enhance edge computing capabilities at an accelerated pace."
Toward a Future Where Energy is Reused
"We are partnering with Intel and leading OEMs to bring Nexalus' cutting-edge cooling innovations to the edge and data center markets, helping drive efficiency, sustainability and performance across any industry," explained Dr. Cathal Wilson, co-founder and chief operating officer of Nexalus.
Where others see a huge energy-gulping data center filled with thousands of toasty devices, Wilson sees an untapped opportunity: the potential to redirect that wasted thermal energy into a sustainable heat source - one that could keep homes warm in winter or provide hot showers to neighboring communities.
"At Nexalus, we share Intel's commitment to innovation -- specifically in thermal science and engineering. Together, we're redefining how CPUs and GPUs consume and repurpose energy. We see a future where computing power drives not only performance but also sustainability."
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Original text here: https://newsroom.intel.com/5g-wireless/nexalus-intel-deliver-innovative-cooling-tech-computing-demand-grows
[Category: BizElectronic Products]
Marcus & Millichap Arranges $6.65 Million Sale of Starbucks-Anchored Retail Strip in Chandler, Arizona
ENCINO, California, April 22 -- Marcus and Millichap issued the following news release:
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Marcus & Millichap Arranges $6.65 Million Sale of Starbucks-Anchored Retail Strip in Chandler, Arizona
CHANDLER, Ariz., April 21, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a three-suite retail strip property in Chandler, Arizona for $6.65 million.
"This was a rare opportunity to acquire a newly constructed property fully leased to corporate tenants in
... Show Full Article
ENCINO, California, April 22 -- Marcus and Millichap issued the following news release:
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Marcus & Millichap Arranges $6.65 Million Sale of Starbucks-Anchored Retail Strip in Chandler, Arizona
CHANDLER, Ariz., April 21, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a three-suite retail strip property in Chandler, Arizona for $6.65 million.
"This was a rare opportunity to acquire a newly constructed property fully leased to corporate tenants ina high-income Phoenix suburb," said Chris Lind, senior managing director.
Lind, Mark Ruble and Zack House, investment specialists in Marcus & Millichap's Phoenix office, had the exclusive listing to market the property on behalf of the seller. Sean Lenchner procured the buyer. Both parties are Arizona limited liability companies.
Located at 1990 W. Germann Road, the fully leased property spans 1.65 acres and includes Starbucks, Pacific Dentistry and GoodVets as tenants. Positioned on a high-visibility corner with exposure to more than 39,000 vehicles per day, the asset is an outparcel to The Shops at Pecos Ranch and is supported by strong area demographics, including an average household income of over $140,900 and more than 248,000 residents within a five-mile radius.
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2025/04/04-21-starbucksshops
[Category: BizRealEstate]
Chevron Starts Oil Production From Ballymore Project in Gulf of America
HOUSTON, Texas, April 22 -- Chevron, an energy company, issued the following news release:
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chevron starts oil production from ballymore project in gulf of america
Houston, Texas, April 21, 2025 -- Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company's goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Ballymore is expected
... Show Full Article
HOUSTON, Texas, April 22 -- Chevron, an energy company, issued the following news release:
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chevron starts oil production from ballymore project in gulf of america
Houston, Texas, April 21, 2025 -- Chevron Corporation (NYSE: CVX) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company's goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Ballymore is expectedto produce up to 75,000 gross barrels of oil per day through three wells tied back three miles to the existing Chevron-operated Blind Faith facility.
"Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world," said Brent Gros, vice president, Chevron Gulf of America. "Ballymore, which was completed on time and on budget, brings additional production online without building a new standalone offshore platform. This reduces our development costs and is expected to drive higher returns for shareholders."
Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin. Since midyear 2024, Chevron has started production from its industry-first Anchor project and non-operated Whale project and commenced water injection to boost output at its operated Tahiti and Jack/St. Malo facilities.
Estimated potentially recoverable resources at Ballymore are 150 million barrels of oil equivalent gross over the life of the project. Ballymore is located in the Mississippi Canyon area in around 6,600 feet (2,000 m) of water, about 160 miles (260 km) southeast of New Orleans. The development is Chevron's first in the Norphlet trend of the Gulf.
Chevron subsidiary Chevron U.S.A. Inc. is operator of the Ballymore project with 60 percent working interest. Co-owner TotalEnergies E&P USA, Inc. has 40 percent working interest.
About Chevron
Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com.
Media Contact
Paula Beasley
paula.beasley@chevron.com
281.728.4426
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements relating to Chevron's operations, assets, and strategy that are based on management's current expectations, estimates, and projections about the petroleum, chemicals, and other energy-related industries. Words or phrases such as "anticipates," "expects," "intends," "plans," "targets," "advances," "commits," "drives," "aims," "forecasts," "projects," "believes," "approaches," "seeks," "schedules," "estimates," "positions," "pursues," "progress," "design," "enable," "may," "can," "could," "should," "will," "budgets," "outlook," "trends," "guidance," "focus," "on track," "trajectory," "goals," "objectives," "strategies," "opportunities," "poised," "potential," "ambitions," "future," "aspires" and similar expressions, and variations or negatives of these words, are intended to identify such forward-looking statements, but not all forward-looking statements include such words. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and other factors, many of which are beyond the company's control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company's products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics and epidemics, and any related government policies and actions; disruptions in the company's global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine, the conflict in the Middle East and the global response to these hostilities; changing refining, marketing and chemicals margins; the company's ability to realize anticipated cost savings and efficiencies associated with enterprise structural cost reduction initiatives; actions of competitors or regulators; timing of exploration expenses; changes in projected future cash flows; timing of crude oil liftings; uncertainties about the estimated quantities of crude oil, natural gas liquids and natural gas reserves; the competitiveness of alternate-energy sources or product substitutes; pace and scale of the development of large carbon capture and offset markets; the results of operations and financial condition of the company's suppliers, vendors, partners and equity affiliates; the inability or failure of the company's joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company's operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company's control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures related to greenhouse gas emissions and climate change; the potential liability resulting from pending or future litigation; the risk that regulatory approvals and clearances related to the Hess Corporation (Hess) transaction are not obtained or are not obtained in a timely manner or are obtained subject to conditions that are not anticipated by the company and Hess; potential delays in consummating the Hess transaction, including as a result of the ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement; risks that such ongoing arbitration is not satisfactorily resolved and the potential transaction fails to be consummated; uncertainties as to whether the potential transaction, if consummated, will achieve its anticipated economic benefits, including as a result of risks associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the potential transaction that are not waived or otherwise satisfactorily resolved; the company's ability to integrate Hess' operations in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the potential transaction will not be realized or will not be realized within the expected time period; the company's future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; higher inflation and related impacts; material reductions in corporate liquidity and access to debt markets; changes to the company's capital allocation strategies; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company's ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading "Risk Factors" on pages 20 through 27 of the company's 2024 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.
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Original text here: https://www.chevron.com/newsroom/2025/q2/chevron-starts-oil-production-from-ballymore-project-in-gulf-of-america
[Category: BizEnergy]
Benesch AI Innovations Featured in Cities Today
CHICAGO, Illinois, April 22 -- Benesch, a consulting engineering company, issued the following news on April 21, 2025:
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Benesch AI Innovations Featured in Cities Today
Traditionally, runway inspections have been manual, time-consuming and prone to human error, but the integration of AI and drones offers a more efficient and accurate approach.
In "From Groundwork to AI: Reinventing Runway Inspections" from Cities Today, Benesch's Bret Tremblay discusses how we are collaborating with Bentley to revolutionize runway monitoring and pavement management.
Read the article here.
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Original
... Show Full Article
CHICAGO, Illinois, April 22 -- Benesch, a consulting engineering company, issued the following news on April 21, 2025:
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Benesch AI Innovations Featured in Cities Today
Traditionally, runway inspections have been manual, time-consuming and prone to human error, but the integration of AI and drones offers a more efficient and accurate approach.
In "From Groundwork to AI: Reinventing Runway Inspections" from Cities Today, Benesch's Bret Tremblay discusses how we are collaborating with Bentley to revolutionize runway monitoring and pavement management.
Read the article here.
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Originaltext here: https://www.benesch.com/benesch-ai-innovations-featured-in-cities-today/
[Category: BizConsulting]
AV Secures $46.6M Contract With Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System
MONROVIA, California, April 22 -- AeroVironment issued the following news release:
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AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System
ARLINGTON, Va., April 21, 2025 - AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineering
... Show Full Article
MONROVIA, California, April 22 -- AeroVironment issued the following news release:
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AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System
ARLINGTON, Va., April 21, 2025 - AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 20 air vehicles, engineeringservices, initial sustainment and onsite technical support - ensuring rapid fielding and operational readiness from day one.
JUMP 20 is a vertical take-off and landing (VTOL), fixed-wing UAS with 30 pounds of payload capacity, 13+ hours of endurance and an operational range of 185 km (115 mi). Purpose-built for expeditionary operations, the system can be stored and transported with ease and autonomously launched and recovered without personnel intervention, making it ideal for dynamic on-the-move operations.
The selection follows a rigorous and highly competitive procurement process, where JUMP 20 distinguished itself for its ability to meet the Italian MOD's stringent technical and operational requirements while replacing their existing Shadow UAS fleet with a modern, adaptable solution.
"We are honored to strengthen our partnership with the Italian Ministry of Defence through the delivery of the JUMP 20, a system that enhances their operational capabilities," said Shane Hastings, AV's vice president and general manager of Medium UAS. "This contract builds on our history of supporting NATO allies with world-class uncrewed systems that reflects our unwavering commitment to innovation and mission success reinforcing our reputation as a trusted partner our customers can rely on."
The JUMP 20 delivers advanced intelligence, surveillance, and reconnaissance (ISR) capabilities with multi-payload flexibility and seamless interoperability across current and future systems. Built on a Modular Open Systems Approach (MOSA), the platform enables rapid integration, easy upgrades, and unmatched adaptability to support a wide range of evolving mission demands.
About AeroVironment, Inc. (AV)
AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground systems, sensors, software analytics, and connectivity. Headquartered in Arlington, Virginia, AeroVironment delivers actionable intelligence so our customers can proceed with certainty. For more information, visit www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
AeroVironment
+1.703.418.2828
pr@avinc.com
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Original text here: https://www.avinc.com/resources/press-releases/view/av-secures-46.6m-contract-with-italian-ministry-of-defence-for-combat-proven-jump-20-vtol-aircraft-system
[Category: BizNational Defense]
