Day: June 28, 2023

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Pacific Green Completes Transaction to Sell Its 99MW Richborough Energy Park Battery Development for £74 Million (US$93 Million)

DOVER, DE / ACCESSWIRE / June 28, 2023 / Pacific Green Technologies, Inc. (“Pacific Green”), (OTCQB:PGTK) announces that it has completed the sale of 100% of the shares in Pacific Green Battery Energy Parks 1 Limited (“PGBEP1”) to Sosteneo Fund 1 HoldCo S.à.r.l, an energy transition focused fund for £74 million (US$93 million).

PGBEP1 is the holding company for 100% subsidiary, Richborough Energy Park Limited, Pacific Green’s 99MW battery energy storage system (“BESS”) at Richborough Energy Park (“REP”) which begins operations later this summer.

Scott Poulter, Pacific Green’s CEO, commented: “The sale of Richborough Energy Park creates the platform for Pacific Green to now scale its Battery Park division internationally. This is a very exciting time for the business and we are proud to be part of the drive to net-zero.”

Pacific Green were advised by JLL Energy and Infrastructure and Gowling WLG.

About Pacific Green Technologies, Inc.:

Pacific Green is focused on addressing the world’s need for cleaner and more sustainable energy. The Company offers Battery Energy Storage Systems and Concentrated Solar Power (CSP) to complement its marine environmental technologies and emissions control divisions. Pacific Green has offices in the USA, Canada, United Kingdom, Australia, Saudi Arabia and China.

For more information, visit Pacific Green’s website:
www.pacificgreentechnologies.com

About Sosteneo Energy Transition Fund:

Sosteneo Energy Transition Fund is a Luxembourg Sca Sicav-Raif collective investment vehicle managed by Generali Investments Luxembourg S.A.

Generali Investments Luxembourg S.A, is a Luxembourg based Management Company that sets up and operates a wide range of investment fund structures on behalf of Generali Group asset management companies and third-party clients.

Notice Regarding Forward-Looking Statements:

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the continued development of Richborough Energy Park, any potential business developments and future interest in the Company’s battery, solar and emissions control technologies.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the continuation of the development of Richborough Energy Park, general economic and political conditions, and the ongoing impact of the COVID-19 pandemic. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all the information set forth herein and should also refer to the risk factors disclosure outlined in the Company’s annual report on Form 10-K for the most recent fiscal year, the Company’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

Scott Poulter, Chairman & CEO
Pacific Green Technologies, Inc.
T: +1 (302) 601-4659

SOURCE: Pacific Green Technologies, Inc.

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Mattermost Introduces “OpenOps” to Speed Responsible Evaluation of Generative AI Applied to Workflows

Ian Tien, CEO of Mattermost, Inc.

Ian Tien, CEO of Mattermost, Inc., announces “OpenOps” platform for Controlling IP and Avoiding Lock-In as Operational Workflows become AI-Accelerated

Open source AI-enhanced chat collaboration sandbox accelerates evaluation of generative AI models and usage policies in real world workflows while maintaining full data control

PALO ALTO, Calif., June 28, 2023 (GLOBE NEWSWIRE) — At the 2023 Collision Conference, Mattermost, Inc., the secure collaboration platform for technical teams, announced the launch of “OpenOps”, an open-source approach to accelerating the responsible evaluation of AI-enhanced workflows and usage policies while maintaining data control and avoiding vendor lock-in.

OpenOps emerges at the intersection of the race to leverage AI for competitive advantage and the urgent need to run trustworthy operations, including the development of usage and oversight policies and ensuring regulatory and contractually-obligated data controls.

It aims to help clear key bottlenecks between these critical concerns by enabling developers and organizations to self-host a “sandbox” environment with full data control to responsibly evaluate the benefits and risks of different AI models and usage policies on real-world, multi-user chat collaboration workflows.

The system can be used to evaluate self-hosted LLMs listed on Hugging Face, including Falcon LLM and GPT4All, when usage is optimized for data control, as well as hyperscaled, vendor-hosted models from the Azure AI platform, OpenAI ChatGPT and Anthropic Claude when usage is optimized for performance.

The first release of the OpenOps platform enables evaluation of a range of AI-augmented use cases including:

Automated Question and Answer: During collaborative and individual work users can ask questions to generative AI models, either self-hosted or vendor-hosted, to learn about different subject matters the model supports.

Mattermost OpenOps

Mattermost announces “OpenOps” framework to speed responsible evaluation of generative AI applications to real world workflows.

Discussion Summarization: AI-generated summaries can be created from self-hosted, chat-based discussions to accelerate information flows and decision-making while reducing the time and cost required for organizations to stay up-to-date.

Contextual Interrogation: Users can ask follow-up questions to thread summaries generated by AI bots to learn more about the underlying information without going into the raw data. For example, a discussion summary from an AI bot about a certain individual making a series of requests about troubleshooting issues could be interrogated via the AI bot for more context on why the individual made the requests and how they intended to use the information.

Sentiment Analysis: AI bots can analyze the sentiment of messages, which can be used to recommend and deliver emoji reactions on those messages on a user’s behalf. For example, after detecting a celebratory sentiment an AI bot may add a “fire” emoji reaction indicating excitement.

Reinforcement Learning from Human Feedback (RLHF) Collection: To help evaluate and train AI models, the system can collect feedback from users on responses from different prompts and models by recording the “thumbs up/thumbs down” signals end users select. The data can be used in future to both fine tune existing models, as well as providing input for evaluating alternate models on past user prompts.

This open source, self-hosted framework offers a “Customer-Controlled Operations and AI Architecture,” providing an operational hub for coordination and automation with AI bots connected to interchangeable, self-hosted Generative AI and LLM backends from services like Hugging Face that can scale up to private cloud and data center architectures, as well as scale down to run on a developer’s laptop for research and exploration. At the same time, it can also connect to hyperscaled, vendor-hosted models from the Azure AI platform as well as OpenAI.

“Every organization is in a race to define how AI accelerates their competitive advantage,” says Mattermost CEO, Ian Tien, “We created OpenOps to help organizations responsibly unlock their potential with the ability to evaluate a broad range of usage policies and AI models in their ability to accelerate in-house workflows in concert.”

The OpenOps framework recommends a four phase approach to developing AI-augmentations:

1 – Self-Hosted Sandbox – Have technical teams set up a self-hosted “sandbox” environment as a safe space with data control and auditability to explore and demonstrate Generative AI technologies. The OpenOps sandbox can include just web-based multi-user chat collaboration, or be extended to include desktop and mobile applications, integrations from different in-house tools to simulate a production environment, as well as integration with other collaboration environments, such as specific Microsoft Teams channels.

2 – Data Control Framework – Technical teams conduct an initial evaluation of different AI models on in-house use cases, and setting a starting point for usage policies covering data control issues with different models based on whether models are self-hosted or vendor-hosted, and in vendor-hosted models based on different data handling assurances. For example, data control policies could range from completely blocking vendor-hosted AIs, to blocking the suspected use of sensitive data such as credit card numbers or private keys, or custom policies that can be encoded into the environment.

3 – Trust, Safety and Compliance Framework – Trust, safety and compliance teams are invited into the sandbox environment to observe and interact with initial AI-enhanced use cases and work with technical teams to develop usage and oversight policies in addition to data control. For example, setting guidelines on whether AI can be used to help managers write performance evaluations for their teams, or whether researching techniques for developing malicious software can be researched using AI.

4 – Pilot and Production – Once a baseline for usage policies and initial AI-enhancements are available, a group of pilot users can be added to the sandbox environment to assess the benefits of the augmentations. Technical teams can iterate on adding workflow augmentations using different AI models while Trust, Safety and Compliance teams can monitor usage with full auditability and iterate on usage policies and their implementations. As the pilot system matures, the full set of enhancements can be deployed to production environments that can run on a production-ized version of the OpenOps framework.

The OpenOps framework includes the following capabilities:

Self-Hosted Operational Hub: OpenOps allows for self-hosted operational workflows on a real-time messaging platform across web, mobile and desktop from the Mattermost open-source project. Integrations with in-house systems and popular developer tools to help enrich AI backends with critical, contextual data. Workflow automation accelerates response times while reducing error rates and risk.

AI Bots with Interchangeable AI Backends: OpenOps enables AI bots to be integrated into operations while connected to an interchangeable array of AI platforms. For maximum data control, work with self-hosted, open-source LLM models including GPT4All and Falcon LLM from services like Hugging Face. For maximum performance, tap into third-party AI frameworking including OpenAI ChatGPT, the Azure AI Platform and Anthropic Claude.

Full Data Control: OpenOps enables organizations to self-host, control, and monitor all data, IP, and network traffic using their existing security and compliance infrastructure. This allows organizations to develop a rich corpus of real-world training data for future AI backend evaluation and fine-tuning.

Free and Open Source: Available under the MIT and Apache 2 licenses, OpenOps is a free, open-source system, enabling enterprises to easily deploy and run the complete architecture.

Scalability: OpenOps offers the flexibility to deploy on private clouds, data centers, or even a standard laptop. The system also removes the need for specialized hardware such as GPUs, broadening the number of developers who can explore self-hosted AI models.

The OpenOps framework is currently experimental and can be downloaded from openops.mattermost.com.

About Mattermost

Mattermost provides a secure, extensible hub for technical and operational teams that need to meet nation-state-level security and trust requirements. We serve technology, public sector, and national defense industries with customers ranging from tech giants to the U.S. Department of Defense to governmental agencies around the world.

Our self-hosted and cloud offerings provide a robust platform for technical communication across web, desktop and mobile supporting operational workflow, incident collaboration, integration with Dev/Sec/Ops and in-house toolchains and connecting with a broad range of unified communications platforms.

We run on an open source platform vetted and deployed by the world’s most secure and mission critical organizations, that is co-built with over 4,000 open source project contributors who’ve provided over 30,000 code improvements towards our shared product vision, which is translated into 20 languages.

To learn more, visit www.mattermost.com.

Mattermost and the Mattermost logo are registered trademarks of Mattermost, Inc. All other trademarks are the property of their respective owners.

Media Contact:

Amy Nicol
Press Relations
Mattermost, Inc.

+1 (650) 667-8512
media@mattermost.com

Images:

Title: Ian Tien, CEO of Mattermost, Inc.

Caption: Ian Tien, CEO of Mattermost, Inc., announces “OpenOps” platform for Controlling IP and Avoiding Lock-In as Operational Workflows become AI-Accelerated

Full image: https://www.dropbox.com/s/kn3eyxyd6eevsab/iantien_4000×2667.jpg?dl=0

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d8db2abf-8b1b-4ed6-9f51-952fc8b97597

https://www.globenewswire.com/NewsRoom/AttachmentNg/a4e2598d-4245-4ee9-91ff-895cf0afa68b

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WilsonHCG named a Leader and a Star Performer in Everest Group’s 2023 Global RPO Services PEAK Matrix® Assessment

Everest Group RPO Services PEAK Matrix® Assessment 2023 – Global

Everest Group RPO Services PEAK Matrix® Assessment 2023 – Global

TAMPA, Fla., June 28, 2023 (GLOBE NEWSWIRE) — WilsonHCG has been named a Leader and a Star Performer once again in Everest Group’s annual Global Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment.

The PEAK Matrix® analyzes the changing dynamics of the RPO landscape, providing an objective, data-driven comparative assessment of more than 45 RPO providers based on their overall capability across different global services markets.

“We’re honored to be named a Leader and a Star Performer yet again. Our people go above and beyond every day to help our clients’ businesses get better — their dedication to excellence is critical in today’s rapidly evolving talent landscape,” said John Wilson, CEO at WilsonHCG. “We’re also proud of our position as a Major Contender in APAC, as this is a region that we’ve continued to expand in over the past 12 months.”

Commenting on WilsonHCG’s global status as a Leader and a Star Performance, Arkadev Basak, Partner, Everest Group, said: “Along with its deep expertise in sourcing niche high-skilled roles, WilsonHCG stands out due to its global footprint and analytical offerings. Its acquisition of Claro and Tracking Talent has fortified its service offerings and helped position WilsonHCG as a Leader and a Star performer on Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2023 – Global.”

WilsonHCG’s strong track record for hiring high-skill white collar candidates and its doubling down on the healthcare and life sciences (HLS) space was commended by Everest Group, as was its significant delivery capability in North America and strong presence in EMEA.

Other highlights of the assessment include:

  • How WilsonHCG’s network of global delivery centers support multiple buyer industries.
  • The company’s vast web of partnerships with technology vendors.
  • Its acquisition of Claro to provide a market-leading offering for talent market intelligence.

WilsonHCG was also named a Leader and a Star Performer in North America, a Major Contender and a Star Performer in EMEA and a Major Contender in APAC.

Basak continued: “WilsonHCG is a key player in North America due to its strong delivery capabilities and ability to hire niche white collar roles particularly in high-tech, healthcare and life sciences. Its string of organic and inorganic investments to increase market penetration, improve technological capabilities and advisory offerings has helped in its positioning as a Leader and a Star Performer on Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2023 – North America.”

To learn more about the PEAK Matrix® please visit the Everest Group website.

About WilsonHCG

WilsonHCG is an award-winning, global leader in total talent solutions. Operating as a strategic partner, it helps some of the world’s most admired brands build comprehensive talent functions. With a global presence spanning more than 65 countries and six continents, WilsonHCG provides a full suite of configurable talent services including recruitment process outsourcing (RPO), executive search, contingent talent solutions and technology advisory.

TALENT. ™ It’s more than a solution; it’s who we are.

www.wilsonhcg.com

Media contact
Kirsty Hewitt
+44 7889901517
kirsty.hewitt@wilsonhcg.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4e63ef5e-761d-4037-b8b5-adce40d52acd

GlobeNewswire Distribution ID 8866171

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ATP Electronics Launches Industrial 176-Layer PCIe® Gen 4 x4 M.2, U.2 SSDs Offering Excellent R/W Performance, 7.68 TB Highest Capacity

Fastest PCIe Generation Doubles Gen 3 Data Rate, Cuts Latency, Offers Excellent R/W Performance

ATP_Gen 4 M.2 2280 NVMe

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

TAIPEI, Taiwan, June 28, 2023 (GLOBE NEWSWIRE) — ATP Electronics, the global leader in specialized storage and memory solutions, introduces its latest high-speed N600 Series M.2 2280 and U.2 solid state drives (SSDs) sporting the 4th generation PCIe® interface and supporting the NVMe™ protocol. The new ATP PCIe Gen 4 SSDs’ 16 GT/s data rate is double that of the previous generation, translating to a bandwidth of 2 GB/s for every PCIe lane.

ATP_Gen 4 M.2 2280 NVMe

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

Using x4 lanes, these SSDs have a maximum bandwidth of 8 GB/s, meeting the growing need for high-speed data transfer in today’s demanding applications and making them suitable for both read/write-intensive, mission-critical industrial applications such as networking/server, 5G, data logging, surveillance, and imaging, with performance on par, if not better, than mainstream PCIe Gen 4 consumer SSDs in the market.

ATP-Gen4-U.2-NVMe_N601Sc

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

176-Layer NAND Flash, Onboard DRAM Offer Exceptional QoS,
Lower Cost per GB with Prime 512 Gbit Die Package

The N600 Series is built on innovative 176-layer 3D NAND flash and uses prime 512 Gbit die package to deliver not only performance improvements over the 64-layer technology, but also price improvements resulting in lower cost per GB.

The M.2 2280 SSDs are available in capacities from 240 GB up to 3.84 TB, while the U.2 SSDs are available from 960 GB to 7.68 TB for more cost-effective options for diverse storage requirements.

ATP_M.2-NVMe_2021_Fin-Type

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

With an outstanding Quality of Service (QoS) rating compared with the previous generation, the N600 Series offers optimal consistency and predictability with higher read/write performance, high IOPS, low write amplification index (WAI), and low latency, thanks to its onboard DRAM. The onboard DRAM delivers higher sustained performance over long periods of operation compared with DRAM-less solutions.

Future-Ready, Long-Term Supply Support

Maximizing SSD lifespan, as well as the availability of replacement units long after similar consumer-grade counterparts have stopped production, is important for business to get the most out of their investments. This is why ATP Electronics is committed to longevity support.

ATP-Gen4-U.2-NVMe_N651Si_7.68TB

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

“We are thrilled to introduce this new product line based on 176-layer triple level cell (TLC) NAND flash. While there are newer iterations of NAND being released in 2XX+layers , these will focus on 1 Tbit and larger density sizes. The 176-layer 3D TLC NAND in 512 Gbit density remains the sweet spot die density for many embedded and specialty applications given their ongoing need for mid and lower SSD device densities.

“Besides a competitive price position, this generation will offer latency improvements and reliability improvements at all temperature ranges. Perhaps even more important to our customer base, this generation will offer product longevity for the foreseeable future. We can work in confidence with our customer base often needing product longevity planning 5 plus years,” said Jeff Hsieh, ATP Electronics President and Chief Executive Officer.

Gen-4-x4-M.2_U.2-SSDs

ATP Electronics Launches Industrial 176-Layer PCIe Gen 4 x4 M.2 U.2 SSDs Offering Excellent RW Performance 7.68 TB Highest Capacity

Reliable and Secure Operation
The N600 Series offers a host of reliability, security, and data integrity features, such as:

  • End-to-end data protection, TRIM function support, and LDPC error correction
  • Anti-sulfur resistors repel the damaging effects of sulfur contamination, guaranteeing continued dependable operation even in environments with high sulfur content
  • Hardware-based AES 256-bit encryption and optional TCG Opal 2.0/ IEEE 1667 security for self-encrypting drive (SED)
  • N600Sc Series offers reliable operation in varying temperature shifts with C-Temp (0℃ to 70℃) rating. I-Temp operable (-40℃ to 85℃) N600Si Series will be available for later release.
  • Thermal throttling intelligently adjusts the workload per operating unit time. Throttling stages are pre-configured, allowing the controller to effectively manage heat generation to keep the SSD cool. This ensures stable sustained performance and prevents the heat from damaging the device. Heatsink options are available by project and according to customer request.
  • Power loss protection (PLP) Mechanism. The N600 Series U.2 and upcoming I-Temp rated M.2 2280 SSDs feature hardware-based PLP. Onboard capacitors hold up power long enough to ensure that the last read/write/erase command is completed, and data is stored safely in the non-volatile flash memory. The microcontroller unit (MCU)-based design allows the PLP array to perform intelligently in various temperatures, power glitches, and charge states to protect both device and data. C-Temp rated M.2 2280 SSDs, on the other hand, feature a firmware-based PLP, which effectively protects data that had been written to the device prior to power loss.

Mission-Critical Applications: We Build With You
Depending on project support and customer request, ATP can provide hardware/firmware customization, thermal solutions customization, and engineering joint validation and collaboration.

To ensure design reliability for mission-critical applications, ATP performs extensive testing, comprehensive design/product characterization and specifications validation, and customized testing in mass production (MP) stage, such as burn-in, power cycling, specific testing scripts, and more.

Product Highlights

PCIe® Gen 4 NVMe M.2 2280 PCIe® Gen 4 NVMe U.2
Capacities 240 GB to 3.84 TB 960 GB to 7.68 TB
Operating Temp C-Temp (0°C to 70°C): N600Sc
I-Temp (-40°C to 85°C): N600Si (upcoming)
Thermal Management for Optimal Heat Dissipation •  Nickel-coated copper heat spreader
•  4 mm or 8 mm fin-type heatsink design		 15 mm fin-type heatsink design
Security AES 256-bit encryption
TCG Opal 2.0
Data Integrity End-to-End data path protection
Performance (Read/Write up to) 6,450/6,050 MB/s 6,000/5,500 MB/s
Others Hot-swappable

*By Project Support

For more information on ATP’s N600 Series PCIe Gen 4 x4 M.2 SSDs, visit:
https://www.atpinc.com/products/industrial-gen4-nvme-M.2-ssd
For more information on ATP’s N600 Series PCIe Gen 4 x4 U.2 SSDs, visit:
https://www.atpinc.com/products/industrial-gen4-U.2-ssd

Media Contact on the Press Release: Kelly Lin (Kellylin@tw.atpinc.com)
Follow ATP Electronics on LinkedIn: https://www.linkedin.com/company/atp-electronics

About ATP
ATP Electronics (“ATP”) has dedicated 30 years of manufacturing excellence as the premier provider of memory and NAND flash storage products for rigorous embedded/industrial/automotive applications. As the “Global Leader in Specialized Storage and Memory Solutions,” ATP is known for its expertise in thermal and high-endurance solutions. ATP is committed to delivering add-on value, differentiation and best TCO for customers. A true manufacturer, ATP manages every stage of the manufacturing process to ensure quality and product longevity. ATP upholds the highest standards of corporate social responsibility by ensuring sustainable value for workers, the environment, and business throughout the global supply chain. For more information on ATP Electronics, please visit www.atpinc.com or contact us at info@atpinc.com.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/56be0635-5027-442b-b9e7-c64c43e353d7

https://www.globenewswire.com/NewsRoom/AttachmentNg/3f0e3129-6f53-4366-b5bc-fd0cdc86f5a1

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Schneider Electric honored with iF DESIGN AWARD and Red Dot Design Award with Miluz E switch series

  • Schneider Electric wins iF DESIGN award in the discipline of “product of building technology”, outperforming 11,000 rival entries from 56 countries
  • Schneider Electric wins the globally recognized Red Dot Design Award for outstanding achievements in product design

 CAIRO, EGYPT – Media OutReach – 28 June 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, won this year’s iF DESIGN AWARD and Red Dot Design Award, the world-renowned design prizes with its Miluz E switch series in the discipline of a product in building technology and outstanding achievements in product design, respectively. These prestigious design awards recognize and honor Schneider Electric products for the remarkable, creative design concept and functionality and their role in empowering our community to make the most of our energy and resources for a climate-positive environment.Each year, the world’s oldest independent design organization, Hannover-based iF

 

 

International Forum Design GmbH organizes the iF DESIGN AWARD. Miluz E series of switch products won over the 133-member jury, made up of independent experts worldwide, with its modular and adaptable design. The competition was intense: almost 11,000 entries were submitted from 56 countries in hopes of receiving the seal of quality.

The Red Dot Design Award is one of the largest design competitions worldwide. The Red Dot Label has become established internationally as one of the most sought-after marks of quality for good design. Schneider Electric’s Miluz E design stood out amongst a keen competition of various designs.

“Quality and dependability are hallmarks of Schneider Electric’s products and solutions. However, design is the distinguishing feature that improves our customers’ experiences. We are honored to win these awards with the Miluz E series of switches. They serve as a rewarding recognition of how our teams innovate new ways to design everyday objects,” shared Denis Marant, Senior Vice President, Home and Distribution Division – International Hub, Schneider Electric, “These awards will certainly encourage our teams to thrive and innovate to accelerate efficiency through design further with creativity.”

The Miluz E switches have a modular design and are made from high-quality materials to reach a long-life cycle. The individual modules can easily be changed in the future without replacing the entire product. More information about the Miluz E series can be found in the “ALL Winners” section on www.ifdesign.com.

About the iF DESIGN AWARD

Since 1954, the iF DESIGN AWARD has been recognized as an arbiter of quality for excellent design. The iF Design brand is renowned worldwide for outstanding design services, and the iF DESIGN AWARD is one of the most important design prizes in the world. It honors design achievements in all disciplines: product, packaging, communication and service design, architecture and interior architecture as well as professional concept, user experience (UX) and user interface (UI). All award-winning entries are featured on www.ifdesign.com.

About the RedDot Design Award

“In search of good design” – the Red Dot Design Award is one of the world’s largest design competitions. The Red Dot Label has become established internationally as one of the most sought-after marks of quality for good design. In order to appraise the diversity in this field in a professional manner, the Red Dot Design Award breaks down into three disciplines. Competitions for each of these disciplines are held once every year.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Media Contact:

Frances Hui

fhui@madbox.com.hk

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LeddarTech Releases Production Samples of the LeddarVision Front-Entry (LVF-E) Comprehensive Low-Level Fusion and Perception Software Featuring the TI TDA4VM-Q1 Processor for L2/L2+ ADAS Applications

LeddarTech’s LVF-E’s “B” sample featuring an embedded ECU introduces an unprecedented industry-first solution that brings high performance and reliability of low-level fusion to the entry-level ADAS market

QUEBEC, June 28, 2023 (GLOBE NEWSWIRE) — LeddarTech®, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, is pleased to announce that “B” samples of its LeddarVision™ entry-level ADAS L2/L2+ highway assist and 5-star NCAP 2025/GSR 2022 low-level fusion and perception software stack optimized for the TDA4VM-Q1 (8 TOPS) processor from Texas Instruments are now available.

The LeddarVision Front-Entry (LVF-E) product, formally released in late 2022, was designed for customers seeking to develop entry-level ADAS safety and highway assistance L2/L2+ applications. Introducing the “B” samples brings exciting advancements to LVF-E powered by a Texas Instruments (TI) TDA4VM-Q1 processor. By leveraging these “B” samples, LVF-E delivers substantial cost and performance benefits for low-level fusion, paving the way for accelerated L2/L2+ systems adoption. In addition, this breakthrough effectively reduces the sensor and processor requirements, making it more accessible and efficient for widespread implementation. The LeddarVision Front-Entry solution also marks the first design where TI’s highly integrated and cost-efficient TDA4x processor family has been featured in a low-level fusion solution.

Benefits

  • Higher Performance:
    • Doubles the effective range of the sensors, allowing high-performing ADAS targeting 5-star NCAP 2025 and GSR 2022 standards with lower sensor and system costs.
  • Lower Costs:
    • Reduced hardware requirements: An industry-first being enabled with a single 1 to 2-megapixel 120-degree front camera and two short-range front corner radars in a 1V2R configuration.
    • Efficient implementation on the TDA4VM-Q1 platform achieves one of the lowest system costs for L2/L2+ entry-level ADAS without sacrificing system performance.

Visit LeddarTech’s LVF-E product page for more information and to request a demo.

“OEMs and Tier 1s strive to enhance the affordability of ADAS. LeddarTech achieves this by reducing the sensor count and costs, simplifying systems and lowering processor costs while delivering high-performance low-level fusion (LLF) and perception in an auto-grade ECU. Demonstrating the compatibility of low-level fusion with TI’s TDA4VM-Q1 processor is a powerful market statement. The availability of ‘B’ samples of our LVF-E software stack showcases a cost-effective perception solution using LLF, marking a significant milestone for LeddarTech’s technology on the popular TDA4x family of processors,” stated Charles Boulanger, CEO of LeddarTech.

About LeddarTech

A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal, Toronto and Tel Aviv, Israel, LeddarTech develops and provides comprehensive perception software solutions that enable the deployment of ADAS and autonomous driving (AD) applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 150 patents granted or applied for that enhance ADAS and AD capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc. Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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