Industry

3 Digitalization Strategies Driving Supply Chain Resiliency Expert cites 3 common supply chain risks and how safeguard against inevitable turbulence and uncertainty With the considerable supply chain disruptions brought on by the pandemic and amid escalating inflation, supply chain resilience is more critical than ever before. The unforeseen pandemic of late has presented a range of challenges that many supply chains were clearly—often admittedly—unprepared for. Labor shortages, shipping cost surges, new patterns of production and consumption have all played a key role in disrupting business logistics, upending markets, industries and whole economies in the process. In its wake are logistics,...

Tom Bailey, Head of ETF Research at HANetf, issuer of the Procure Space UCITS ETF (YODA):   “The growing role of commercial companies in the space economy was shown by the Virgin Orbit launch on 9th January as part of the Start Me Up Mission. The mission will carry satellites from seven customers to space, which will have both commercial and military use. This launch is a great example of the growing commercial opportunities in space and the role of the private sector in this. The world is becoming ever more connected. There is more and more data being transferred....

Nikkiso Clean Energy & Industrial Gases Group Announces their First On-Site FAT Testing at their Marine Facility in Busan, Korea TEMECULA, Calif., 2023 (GLOBE NEWSWIRE) -- Nikkiso Clean Energy & Industrial Gases Group (“Group”), a part of the Nikkiso Co., Ltd (Japan) group of companies, is proud to announce its first on-site FAT testing at their new Marine facility in Busan, Korea. This accomplishment exemplifies their commitment to and support of the growth of the Korean market. Since July 2022, they have been fabricating high-pressure pump skids in the 4,000 square meter facility. With the successful completion of this FAT test...

Why fusion ignition is being hailed as a major breakthrough in fusion – a nuclear physicist explains Published: December 14, 2022 1.03am GMT Author Carolyn Kuranz Associate Professor of Nuclear Engineering, University of Michigan Disclosure statement Carolyn Kuranz receives funding from the National Nuclear Security Administration and Lawrence Livermore National Laboratory. She serves on a review board for Lawrence Livermore National Laboratory. She is a member of the Fusion Energy Science Advisory Committee. American scientists have announced what they have called a major breakthrough in a long-elusive goal of creating energy from nuclear fusion. The U.S. Department of Energy said on...

HII’s Ingalls Shipbuilding Awarded Advanced Planning Contract for Zumwalt-Class Ships PASCAGOULA, Miss., Jan, 2023 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division was awarded a $10.5 million contract today for the modernization period planning of Zumwalt-class guided missile destroyers, USS Zumwalt (DDG 1000) and USS Michael Monsoor (DDG 1001). “Ingalls is honored to have been selected to deliver this new capability with our Navy and industry partners,” Ingalls Shipbuilding President Kari Wilkinson said. “Our shipbuilders stand ready to do what is necessary to enable our fleet in the protection of peace around the world.” HII has invested nearly $1 billion in the infrastructure, facility and toolsets...