Day: February 23, 2023

WELLESLEY, Mass., Feb. 23, 2023 (GLOBE NEWSWIRE) — Global Advanced Metals (USA) and Croom Medical (Ireland) are collaborating to establish a turnkey tantalum-based additive manufacturing (AM) platform. A laser powder bed fusion GE M2 Series 5 printer has been installed within Croom’s facility, with the printer being fully dedicated to the use of GAM’s tantalum AM powder. With Croom’s years of successful contract manufacturing experience, the tantalum print capability is being offered by Croom as a contract manufacturing solution, bringing the advantages of tantalum to the medical device, aerospace, and related markets.

Global Advanced Metals (GAM), headquartered in Massachusetts, USA, has more than a 70-year history of innovation and manufacturing of high-grade tantalum powders for use in electronics and other applications. GAM has more recently developed a spheriodized tantalum powder, a necessary form for use in “printing” of tantalum parts.

Based in County Limerick, Ireland, Croom Medical (Croom) has operated for more than 35 years providing contract manufacturing services to medical device (and other) OEMs. In recent years, Croom has developed an extensive capability in AM technology in collaboration with a number of academic and state-sponsored institutions and has successfully manufactured more than 20,000 devices by AM technology.

AM has a number of key advantages over traditional subtractive manufacturing processes.  AM intrinsically uses less material than subtractive methods, produces more complex and lightweight part geometries, can be used for rapid prototyping, and manufactured parts can be ultimately printed in close proximity to point of use.

GAM and Croom are initially targeting the contract manufacturing of medical implants and components that would benefit from the enhanced performance offered by tantalum. Multiple papers cite advantages of tantalum-based implants compared to existing implant materials, including improved biocompatibility (reduced clotting), enhanced bone in-growth, tolerable to higher stress, and produces high surface friction promoting implant stability^1,2,3,4,5. These benefits should lower the rate of surgery revisions, thus avoiding patient discomfort and unnecessary added surgery costs. Although use of tantalum in AM applications is relatively new, tantalum has been extensively and successfully used for many years in in-vivo surgical devices such as surgical staples, dental implants, and hip and knee implants. GAM and Croom believe that using AM technology to develop these devices will enable production of complex, porous, strong and lightweight structures.

As part of this collaboration, GAM will provide spherical tantalum powder, produced in its Boyertown, Pennsylvania, plant and derived from ethically and conflict-free-sourced tantalum raw material. The team at Croom will manufacture devices and components for customers using a recently acquired GE M2 printer 100% dedicated to the project and material. In a circular manufacturing cycle, tantalum raw material that cannot be reused in this AM process will be recycled back to GAM’s Pennsylvania facility. GAM’s raw material and tantalum powder expertise, Croom’s decades-long experience manufacturing, finishing and testing devices to medical device standards, and Croom’s proximity and relationship with many of the top device OEMs situated in Ireland, positions this collaboration for long-term success.

Andrew O’Donovan, CEO of Global Advanced Metals, added, “GAM is thrilled to work with such an experienced and trusted company as Croom Medical. In recent years, GAM has worked to enhance the production of ultra-pure spherical tantalum powder for 3D printing. GAM views the intrinsic purity and properties of tantalum as a wonderful fit for next generation implants and Croom is the company with the experience, capability and long-established customer relationships to bring this to market.”

1. Matsuno H, Yokoyama A, Watari F, Motohiro U, Kawasaki T., Biocompatibility and osteogenesis of refractory metal implants, titanium, hafnium, niobium, tantalum and rhenium. Biomaterials. 2001 ;22:1253-1262.

2. Miyazaki T, et.al., Biomaterials. 2002;23:827-32; Balla V, et.al., Acta  Biomater. 2009

3. Hacking SA, Bobyn JD, Toh K, Tanzer M, Krygier JJ. Fibrous tissue ingrowth and attachment to porous tantalum. J Biomed Mater Res. 2000; 52:631-638

4. Hacking S, et.al., J Biomed Mater Res. 2000;52:631-638; Balla, V., et.al., Acta Biomater. 2010 Aug; 6(8): 3349-3359;   Levine BR, Sporer S, Poggie RA, Valle CJD, Jacobs JJ. Experimental and clinical performance of porous tantalum in orthopedic surgery. Biomaterials. 2006; 27:4671-4681.

5. Sungail, C., Abid, A., Metal Powder Report, online 25 March 2019

ABOUT GAM

A leading conflict-free tantalum producer, GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia, where GAM extracts tantalum as a co-product of lithium mining. GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA, and Aizu, Japan, plants for a range of industries, including electronics, aerospace, defense and medical. GAM’s facilities in Japan and the USA were first declared “Conflict Free” in 2010 under the, now called, Responsible Minerals Assurance Program and have maintained conformance to this program every year.

Contact Information:
Gordon Smith
Chief Technology Officer
gsmith@globaladvancedmetals.com

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COPENHAGEN, Denmark and NEW YORK, Feb. 23, 2023 (GLOBE NEWSWIRE) — Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in a blue ammonia project, which will be developed alongside U.S.-based Sustainable Fuels Group (SFG). The financial terms of the transaction are not disclosed.

The project has entered into an agreement with International-Matex Tank Terminals (IMTT), a terminaling and logistics company, to provide ammonia storage and handling services. Located along the Gulf Coast, the project has commenced detailed engineering (FEED) and will initially consist of two phases, each with a production capacity of 4,000 tons per day (~3.0 million tons of annual production from both phases) once operational in 2027.

Blue ammonia is a low-carbon approach to ammonia production which combines traditional ammonia synthesis using natural gas with subsequent carbon capture and storage process. The project will use Topsoe’s industry leading SynCOR technology to produce blue ammonia with the lowest carbon intensity and is expected to reduce CO2e emissions by 90% (Well-To-Gate) compared to traditional ammonia production, thereby abating 5.0 million tons of CO2 per year.

The project will form part of the CI Energy Transition Fund, which closed in August 2022 at the hard cap of EUR 3.0 billion, and like all current CIP Funds, is aligned with the UN Sustainable Development Goals (SDGs) principally through the expected avoidance of greenhouse gas emissions resulting from its investments. The CI Energy Transition Fund focuses on clean hydrogen, and other next generation renewable technologies to facilitate the decarbonization of hard-to-abate sectors such as agriculture and transportation.

Søren Toftgaard, Partner in Copenhagen Infrastructure Partners, says of the acquisition: “We are developing a global portfolio of clean hydrogen and hydrogen-related products, such as clean ammonia. Blue ammonia is considered an important part of a successful energy transition, which can potentially help fill the ammonia shortage in Europe as well as being a steppingstone to the successful implementation of green projects, and we are excited to bring this project to the Gulf Coast region. Further, the agreement provides important diversification to our CI ETF I portfolio and can provide a platform for future hydrogen-related investments in the U.S.”

“IMTT is thrilled to support CIP’s development of this alternative fuels project,” said Chris Partridge, Executive Vice President of IMTT. “Additional clean energy sources, such as blue ammonia, are vital to advancing the global energy transition. We look forward to leveraging our terminaling experience and expertise to assist CIP in delivering this low-carbon fuel to the market.”

About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focuses on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity and storage and Power-to-X.

CIP manages ten funds and has to date (February 2023) raised approximately EUR 19bn for investments in energy and associated infrastructure from more than 140 international institutional investors (February 2023). CIP will accelerate its role in the global energy transition and aim to have EUR 100bn under management in green energy investments in 2030. CIP has approximately 400 employees and 11 offices around the world. For more information visit www.cip.com.

About IMTT
Founded in 1939 and headquartered in New Orleans, Louisiana, IMTT is an industry leader in the handling and storage of bulk liquid products, especially energy transition fuels, feedstocks and petrochemicals, through its ownership and operation of 16 terminals in the East, West, and Gulf Coasts, as well as the Great Lakes region and Canada. IMTT is focused on providing safe and reliable service while delivering innovative solutions for the evolving energy needs of its customers. In addition to expanding its independent liquid terminals business, IMTT is committed to pursuing low carbon intensity growth opportunities and reducing carbon emissions across its existing asset base. For more information about IMTT, visit www.imtt.com.

For further information, please contact:

Simon Augustesen, Chief Communication and Marketing Officer
Phone: +45 30526721, Email: siau@cip.dk

Thomas Kønig, Partner – Investor Relations
Phone: +45 7070 5151, Email: tkon@cip.dk

Elissa Levin, SVP Government Affairs, North America
Phone: +1 347-920-1808, Email: elle@cip.com

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ลอนดอน, Feb. 23, 2023 (GLOBE NEWSWIRE) — บริษัทเช่ารถซุปเปอร์คาร์ชั้นนำแห่งหนึ่งของสหราชอาณาจักร เพิ่งเปิดตัวระบบการชำระเงินด้วยสกุลเงินดิจิทัลสำหรับการเช่ารถซุปเปอร์คาร์ที่น่าทึ่งที่สุดในโลก โดยในปัจจุบัน ลูกค้าสามารถเลือกชำระเงินสำหรับรถซุปเปอร์คาร์ที่มีให้เลือกกว่า 100 คันจากแบรนด์หรูกว่า 28 แบรนด์ได้ด้วยสกุลเงินดิจิทัล Bitcoin หรือ Ethereum รวมทั้งในสกุลเงินปอนด์สเตอร์ลิง หนึ่งในรถที่พร้อมให้บริการที่โชว์รูมในลอนดอน แมนเชสเตอร์และเอดินเบอระ ก็คือรถ Bugatti Chiron ที่สนนราคา 2.4 ล้านปอนด์ โดยมีราคาเช่าอยู่ที่ 200,000 ปอนด์หรือ 220.75 ETH หรือ 11.696 BTC ต่อวัน

Andrew Brown ผู้ก่อตั้งและเจ้าของ Classic Parade กล่าวว่า “ลูกค้าของเราเป็นลูกค้าต่างชาติที่อยากจะสามารถจ่ายเงินเช่ารถซุปเปอร์คาร์ได้โดยไม่ต้องยุ่งวุ่นวายกับอัตราแลกเปลี่ยนและค่าธรรมเนียมการโอนต่างๆ ลูกค้าส่วนมากของเรามีสกุลเงินดิจิทัลจำนวนมากอยู่ในมือ ทางเลือกนี้จึงเหมาะสมมาก เราสามารถทำธุรกรรมได้ทันที และเรายังสามารถรับเงินมัดจำเป็นสกุลเงินดิจิทัลได้อีกด้วย การคืนเงินมัดจำหลังหมดเวลาเช่าก็เป็นเรื่องง่ายเช่นกัน”

การชำระเงินด้วยสกุลเงินดิจิทัลจะส่งคำขอไปยังกระเป๋าเงินที่ปลอดภัยของ Classic Parade และจะดำเนินการตามขั้นตอนที่จำเป็นทั้งหมดเพื่อความปลอดภัยในการโอนเงิน เมื่อได้มีการโอนเงินและทำสัญญาเช่าแล้ว รถซุปเปอร์คาร์จะถูกรับคืนหรือส่งไปยังที่อยู่ของลูกค้าในสหราชอาณาจักร

Andrew Brown กล่าวเพิ่มเติมอีกว่า “เราต้องผ่านการตรวจสอบตัวตนที่จำเป็นในการเช่ารถตามปกติ แต่การดำเนินการทำได้ง่าย และจะง่ายขึ้นอีกมากในการทำธุรกรรมซ้ำในครั้งต่อๆ ไป วิธีนี้ทำให้เราสามารถตรวจสอบ “know your customer” ได้อย่างเหมาะสม” หนึ่งในรถยอดนิยมของ Classic Parade สำหรับการเช่าในช่วงฤดูร้อน คือ Lamborghini Huracan Spyder ซึ่งมีค่าเช่า £1,100 หรือ 1.21 ETH หรือ 0.064 BTC ต่อวัน Andrew Brown กล่าวว่า “เราคาดว่าจะได้รับความสนใจอย่างมากจากนักลงทุนสกุลเงินดิจิทัลในอีกไม่กี่เดือนข้างหน้าในการเช่ารถซุปเปอร์คาร์ที่ยอดเยี่ยมของเรา นักลงทุนส่วนมากมีอายุค่อนข้างน้อยและต้องการแสดงความมั่งคั่งของพวกเขา ดังนั้นความสนใจในรถซุปเปอร์คาร์จึงเป็นจุดแข็งมากสำหรับตลาดนี้”

คุณสามารถชมรถซุปเปอร์คาร์ทั้งหมดพร้อมราคาได้ที่ https://www.classicparade.co.uk

รายละเอียดการติดต่อสื่อ:

James Goble, Classic Parade
+44 (0) 333 355 3595
rent@classicparade.co.uk

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AI-powered logistics planning solutions provider Transmetrics completes a convertible round led by the European Innovation Council (EIC) Fund, Impetus Capital, and existing shareholders ahead of the planned Series A round.

SOFIA, Bulgaria, Feb. 23, 2023 (GLOBE NEWSWIRE) — Transmetrics, a state-of-the-art AI platform developed exclusively for the supply chain industry, today announces the successful closing of a €2.5 million funding round.

The convertible funding was led by the European Innovation Council (EIC) Fund, together with Impetus Capital, following Transmetrics’ selection in the ultra-competitive 2022 EIC Accelerator program. Transmetrics’ existing shareholders and angel investors also joined the round. As a result, the company has raised nearly €7.5 million in equity and grants since launching in 2013.

Transmetrics will use the funds to continue to invest in its unique AI-powered analytics, forecasting, and optimization for logistics through strategic collaborations, commercial growth, and expansion into new markets. Furthermore, the company will devote resources to R&D to ensure they provide logistics companies with planning tools that support efficient and resilient supply chains.

“Transmetrics receives this round at a crucial moment for the industry and the company. The technological impact on logistics is something that moves the industry forward — we see a lot of logistics companies investing in AI and other technologies to make their business more efficient and future-proof. By closing this round, Transmetrics will be at the forefront of this movement, offering state-of-the-art solutions that empower logistics planning and provide tangible value for our clients and the sector as a whole,” said Asparuh Koev, Co-Founder and CEO of Transmetrics.

EIC’s Fund Board member Hermann Hauser added: “We are happy to announce our investment in Transmetrics, a leading provider of AI-powered logistics planning software. EIC’s ambition is to support cutting-edge innovations that transform industries and drive positive impact. Thanks to EIC funding, Transmetrics can develop its technology, expand its customer base, and help drive sustainability and efficiency in logistics.”

Transmetrics is well-known for its successful work with some of the leading logistics companies in the world, such as Kuehne+Nagel, Matson, DPDgroup, Gebrüder Weiss, and more. Transmetrics’ software aims to address extreme inefficiencies in logistics. For example, on average, trucks in the EU drive half-empty, wasting economic resources and creating unnecessary emissions, while logistics is responsible for 30% of the world’s carbon emissions from fuel combustion.

About Transmetrics:
A leading provider of AI solutions for the supply chain industry, Transmetrics optimizes logistics planning by leveraging the power of predictive analytics and ML. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits and reducing the environmental impact of logistics. Its unique approach analyzes, models, and predicts transport flows with very high accuracy. Transmetrics clients experienced an up to 25% reduction in transport costs while increasing their fleet utilization by up to 14% and maintaining high service levels.

About EIC Fund:
The EIC Fund from the European Commission is agnostic: it invests across all technologies and verticals and all EU countries and countries associated with Horizon Europe. It provides the investment component of the EIC Accelerator blended finance.

The EIC Fund aims to fill a critical financing gap, and its primary purpose is to support companies in developing and commercializing disruptive technologies. Bridging with and crowding in market players, they share risk by building an extensive network of capital providers and strategic partners suitable for co-investments and follow-on funding.

The Fund pays particular attention to the empowerment and support of female founders as well as the ambition to reduce the innovation divide among EU countries.

Contact Information:
Alexander Lapshin
Head of Marketing
alex.lapshin@transmetrics.ai

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The second edition of the Safety Perceptions Index finds an increase in harm from severe weather and rising global anxieties associated with the state of employment, economic conditions, and ‘ambiguous risk.’ Uzbekistan leads the Index while Mali falls to last place, primarily driven by internal conflict and terrorism.

LONDON, England, Feb. 23, 2023 (GLOBE NEWSWIRE) — Today marks the launch of the second edition of the Safety Perceptions Index (SPI), a collaboration between Lloyd’s Register Foundation, a global safety charity, and the Institute for Economics & Peace, an international think tank.

Key results

• There was a 5-percentage point increase in the number of people saying they felt less safe in 2021.
• There has been a global rise in ‘ambiguous risk,’ the feeling that people are at risk but are unsure from what.
• Both worry and the experience of harm in relation to food and water improved; however, low-income and conflict-ridden countries have recorded substantial deteriorations.
• In 2021, more people reported experiencing harm from severe weather than in 2019, but levels of worry decreased.
• Anxieties associated with employment and economic conditions rose between 2019 and 2021, likely caused by the economic downturn.
• The country most impacted in the SPI was Mali, which has experienced two recent coups and has been racked by multiple violent conflicts.
• Counterintuitively, the overall SPI score improved following the onset of COVID-19, likely due in part to COVID-related lockdowns and the restriction on movement globally.

The second Safety Perceptions Index report, released today, provides a comprehensive measure of global perceptions of safety. The report is based on two iterations of the Lloyd’s Register Foundation World Risk Poll, the first conducted in 2019 and the second in 2021, and provides commentary, trends, and insights into these two sets of data.

In 2021, the SPI improved globally across two domains – food and water and violent crime – and deteriorated in two – severe weather and mental health. Uzbekistan recorded the best overall score, while Mali recorded the worst overall score. Mali is currently suffering from a violent internal conflict, has high rates of terrorism, and saw its government overthrown in successful coups in both 2020 and 2021.

Sub-Saharan African countries are the most risk-impacted in the world. Many countries in the region are among those with the highest worry rates globally and are represented in the top five most impacted countries for food and water, mental health, and workplace safety.

The only domain in which the average levels of both worry and experience of harm increased was the mental health domain, likely due in part to the proliferation of COVID-19 lockdowns and other disruptions to regular social life. The World Health Organisation estimates that COVID-19 led to a 25% increase in rates of anxiety and depression, with women and young people hit the hardest.

“The Safety Perceptions Index 2023 report digs deeper into the World Risk Poll data to provide us with valuable insights into how perceptions of safety differ across countries, and how the various aspects of risk are connected,” said Sarah Cumbers, Director of Evidence & Insight at Lloyd’s Register Foundation. “The report will be useful in the decades ahead as it will provide insight into the shifts in perception that might be associated with any future pandemics or other global shocks, and how to manage those changes.”

Safety perceptions – the shifting risk landscape

Over half of the countries surveyed recorded substantial deteriorations in feelings of safety compared to five years earlier. In Myanmar, 11% of the population reported feeling less safe in 2019, rising to 59% in 2021. In Vietnam, 37% of the population also reported feeling less safe, an increase of 26 percentage points from 2019. However, many countries improved. In Sweden, the percentage of the population feeling more safe rose from 12% in 2019 to 32% in 2021. Zambia recorded a notable increase, rising from 19% to 37%.

Rise in ‘ambiguous risk’

The 2023 SPI report finds a rise in ‘ambiguous risk.’ This refers to people’s feeling that they are at risk, but are unsure from what. The rise in ambiguous risk can be seen in the responses to the World Risk Poll question on the greatest perceived threat in people’s daily lives. Between 2019 and 2021, the largest changes in response rates were for those saying that no risk existed in their lives, which fell by half, and those saying they did not know what their greatest risk was, which nearly doubled.

COVID-19 and risk

The 2023 SPI highlights the changing dynamics of risk that accompanied the onset of the COVID-19 pandemic. The world is less certain about its future than at any time since the Cold War. The pandemic continues to impact every corner of the globe, inflation is rising, Russia’s war in Ukraine has disrupted international relations, and economic growth has slowed and, in some cases, reversed. As COVID-19 only ranked as the fourth most cited threat to people’s daily safety, these findings suggest that it was the societal experience of the pandemic – more than the virus itself – that most impacted worries and experiences of risk.

Regional & country findings 

• Uzbekistan was the highest-scoring country overall and, on average, the Russia, Eastern Europe and Central Asia region had the best scores globally. This is a noteworthy result, given that countries in the region do not typically rank highly in other measures of security and development.
• The worst-scoring country in the 2023 SPI was Mali, which has experienced two recent coups and has been racked by multiple violent conflicts.
• On average, sub-Saharan Africa was the worst-scoring region in the SPI; all five countries with the worst scores are in the region, with four of them currently suffering from violent conflict.

For more information, visit visionofhumanity.org and https://wrp.lrfoundation.org.uk. 

ENDS

NOTES TO EDITORS

The SPI report is available at: https://www.visionofhumanity.org/wp-content/uploads/2023/02/SPI-2023-1.pdf

The SPI report focuses on the risks with the potential to cause the most disruption and have the most significant impact on the lives of people across the world. It measures two themes: worry about harm and recent experience of serious harm, analysing them across five domains: food and water, violent crime, severe weather, mental health, and workplace safety. These themes and domains are combined into a composite score which reflects perceptions of safety by country and region. The survey was completed prior to the Russian invasion of Ukraine, which has significantly stressed global food supply chains.

About Lloyd’s Register Foundation and the World Risk Poll

Lloyd’s Register Foundation is an independent global safety charity that supports research, innovation, and education to make the world a safer place. Its mission is to use the best evidence and insight, such as the World Risk Poll, to help the global community focus on tackling the world’s most pressing safety and risk challenges. The Lloyd’s Register Foundation World Risk Poll is the first global study of worry about, and harm from, risks to people’s safety.

lrfoundation.org.uk | https://wrp.lrfoundation.org.uk

About the Institute for Economics & Peace 

The Institute for Economics and Peace (IEP) is the world’s leading think tank dedicated to developing metrics to analyse peace and to quantify its economic value. It does this by developing global and national indices, calculating the economic cost of violence, analysing country-level risk, and understanding Positive Peace. The research is used extensively by governments, academic institutions, think tanks, non-governmental organisations and by intergovernmental institutions such as the OECD, The Commonwealth Secretariat, the World Bank, and the United Nations.

Related Links

http://economicsandpeace.org

Contact Information:
Darren Lewis
Global Marketing & Communication Director
dlewis@economicsandpeace.org
+61481302783

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Understanding the impact of risk around the world

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