Latest news with #HMIF
Yahoo
19-05-2025
- Business
- Yahoo
AV's Tomahawk Awarded $5.1M Contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO
ARLINGTON, Va., May 19, 2025--(BUSINESS WIRE)--Tomahawk GCS, an AeroVironment ("AV") product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV's Tomahawk's Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations. The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. "We're proud to continue pushing the boundaries of what's possible in multi-domain operations and delivering proven technology to the warfighter." ABOUT AEROVIRONMENT, INC. AeroVironment ("AV") (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: 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. View source version on Contacts MEDIA CONTACT René BardorfAeroVironment+1.703.418.2828pr@ Sign in to access your portfolio
Business Wire
19-05-2025
- Business
- Business Wire
AV's Tomahawk Awarded $5.1M Contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO
ARLINGTON, Va.--(BUSINESS WIRE)--Tomahawk GCS, an AeroVironment ('AV') product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection process, AV's Tomahawk's Grip TA5 was selected as the Dismounted Common Controller (DCC) to significantly enhance human-machine teaming for battlefield operations. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. Share The HMIF initiative, led by the U.S. Army RCCTO, is accelerating the integration of autonomous and robotic systems into formations to enhance situational awareness, lethality, and survivability. With its modular architecture and multi-platform compatibility, the Grip TA5 provides operators command-and-control of multiple robotic assets in real-time, enhancing mission adaptability and response speed. "This award is a huge milestone, not just for AV, but for the future of human-machine teaming on the battlefield," said Jason Hendrix, AV's vice president and general manager of Small Uncrewed Aircraft Systems. 'We're proud to continue pushing the boundaries of what's possible in multi-domain operations and delivering proven technology to the warfighter.' ABOUT AEROVIRONMENT, INC. AeroVironment ('AV') (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today's warfighter and tomorrow's conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: 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.
Hans India
13-05-2025
- Automotive
- Hans India
Progress for Humanity: Hyundai Motor India Foundation expands ‘Hyundai IONIQ Forest' Agroforestry initiative empowering 115 Chenchu tribal families in Andhra Pradesh
Highlights: Phase 1 has transformed the lives of 115 Chenchu families in Nandyal district by shifting them from subsistence to sustainable farming Phase 2 aims to enhance green cover across 350 acres in 20 villages over the next three years Farmers to receive support with fencing, saplings, manure and training in modern farming techniques Community-based Organizations (CBOs) to be established and strengthened through leadership training Initiatives to raise awareness of government programmes for holistic community development Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL) has empowered 115 Chenchu tribal families in Nandyal district by transitioning them from subsistence farming to sustainable agroforestry through its Hyundai IONIQ Forest initiative. Launched in October 2022, the initiative has enhanced livelihoods of Chenchu families spread across the villages of Chenchu Lakshmi Gudem, Narapureddy Kunta, Bairlooty and Nagalooty in Nandyal district by integrating sustainable agroforestry, land and water management and capacity building interventions. Under Phase 1, a total of 250 acres of land has been developed for long-term income generation through horticulture plantations, supported by assured irrigation infrastructure such as bore wells and drip irrigation systems. This has improved water efficiency, soil fertility and sustained agricultural practices, reducing dependency on forest resources and promoting environmental sustainability. Diversified agroforestry practices including intercropping have enhanced household incomes, generating ₹ 24.56 lakh across four villages during the last two years. Additionally, the project leveraged ₹ 75.53 lakhs from various state government departments including Department of Horticulture, Integrated Tribal Development Agency [ITDA] and schemes like Mahatma Gandhi National Rural Employment Guarantee Scheme [MGNREGS], further strengthening food security and self-reliance within these communities. The second phase of its Agroforestry initiative – Hyundai IONIQ Forest was launched today to extend environment and sustainable livelihood support to tribal and marginalised families across 20 villages in Nandyal and Kurnool districts. At the ceremony, Assistant Project Director, Integrated Tribal Development Agency (ITDA), Divisional Horticulture Officer, ITDA and HMIF officials unveiled the project name board and handed over saplings to the beneficiaries. Vice President and Regional Director – South, BAIF NGO was also present during the occasion. In this second phase, HMIF will support the beneficiaries with land levelling, pit digging, saplings supply, fencing, exposure visits and training in sustainable farming techniques such as intercropping and crop management. Additionally, farmers will receive organic manure, mechanized tilling and ploughing support. With a total funding of ₹5.3 Crore, the project will help cultivate 600 acres of land owned by 290 farmers cumulatively, making them self-reliant. Commenting on the launch of the second phase of Agroforestry 'Hyundai IONIQ Forest' project Gopalakrishnan C S, Trustee, Hyundai Motor India Foundation said, 'Hyundai IONIQ Forest is a testament to our commitment to sustainability and community empowerment. By integrating agroforestry with livelihood support, we aim to support tribal and marginalised families achieve self-reliance. Through such initiatives, we continue to drive sustainable progress and meaningful change, reinforcing Hyundai's global vision of 'Progress for Humanity'.' In 2011, HMIF rolled out a similar project in Tamil Nadu where 500 acres of barren land was revived and restored by planting 18 species of more than 2 lakh trees across 5 districts in Tamil Nadu. This initiative has improved the livelihood of 346 farmers and sequestering 17833 tonnes of carbon to date. Additionally, Hyundai Motor India Foundation has spearheaded a host of green initiatives; reviving 12.5 acres of barren land in Irrungattukottai SIPCOT in Tamil Nadu and providing livelihood to 15 tribal families, restoration of approx. 20 acres of park in Gurugram, donating plants to farmers and the community regularly, and restoring waterbodies of 5.86 acres where tree plantation is an integral component. Know more: Corporate Social Responsibility | Hyundai Motor India Limited
The Hindu
12-05-2025
- Automotive
- The Hindu
Hyundai initiative helps Chenchus take up sustainable agroforestry
A total of 115 Chenchu tribal families in Nandyal district have been transformed from subsistence farming to sustainable agroforestry by the Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL), through its Hyundai IONIQ Forest initiative. Launched in October 2022, the Phase I of the initiative has enhanced livelihoods of Chenchu families spread across the villages of Chenchu Lakshmi Gudem, Narapureddy Kunta, Bairlooty and Nagalooty in Nandyal district by integrating sustainable agroforestry, land and water management and capacity building interventions, HMIF officials said. Under Phase 1, a total of 250 acres of land has been developed for long-term income generation through horticulture plantations, supported by assured irrigation infrastructure such as bore wells and drip irrigation systems. This has improved water efficiency, soil fertility and sustained agricultural practices, reducing dependency on forest resources and promoting environmental sustainability. Diversified agroforestry practices, including intercropping, have enhanced household incomes, generating ₹24.56 lakh across four villages during the last two years. Additionally, the project leveraged ₹75.53 lakhs from various State government departments, including horticulture, Integrated Tribal Development Agency [ITDA] and schemes like Mahatma Gandhi National Rural Employment Guarantee Scheme [MGNREGS], further strengthening food security and self-reliance within these communities. The second phase of its Agroforestry initiative — Hyunddai IONIQ Forest — was launched on Sunday (May 11) to extend environment and sustainable livelihood support to tribal and marginalised families across 20 villages in Nandyal and Kurnool districts. At the ceremony, Assistant Project Director ITDA ITDA's Divisional Horticulture Officer K Chandana and HMIF officials unveiled the project name board and handed over saplings to the beneficiaries. Vice president and regional director (South) of BAIF B. Shivarudrappa was also present during the occasion. In this second phase, HMIF will support the beneficiaries with land levelling, pit digging, saplings supply, fencing, exposure visits and training in sustainable farming techniques such as intercropping and crop management. Additionally, farmers will receive organic manure, mechanised tilling and ploughing support. With a total funding of ₹5.3 crore, the project will help cultivate 600 acres of land owned by 290 farmers cumulatively, making them self-reliant. Commenting on the launch of the second phase of Agroforestry 'Hyundai IONIQ Forest' project, trustee of the HMIF Gopalakrishnan C. S. said: 'Hyundai IONIQ Forest is a testament to our commitment to sustainability and community empowerment. By integrating agroforestry with livelihood support, we aim to support tribal and marginalised families achieve self-reliance. Through such initiatives, we continue to drive sustainable progress and meaningful change, reinforcing Hyundai's global vision of 'Progress for Humanity'.'
Hans India
06-05-2025
- Automotive
- Hans India
Hyundai Motor India Celebrates 29 Glorious Years in India with 12.7 Million Units Sold Since Inception
Hyundai India, 29th Foundation Day, Manufacturing Excellence, Exports Milestone, CSR Initiatives, Future Mobility Hyundai Motor India Limited (HMIL) celebrated its 29th foundation day today. Established on May 06, 1996, HMIL has successfully emerged as one of India's most trusted automotive brands. As HMIL enters the 30th year of its journey in India, it will continue its unwavering dedication to excellence, innovation and customer centricity. Commenting on the occasion, Unsoo Kim, Managing Director, Hyundai Motor India Limited, said, 'Envisioning India at the heart of global manufacturing and commerce, Hyundai began its journey with the country 29 years ago with a vision of mutual progress. Today, we take immense pride in how far we have come - not just providing smart mobility solutions, but a future that reflects innovation, sustainability and a deep connection with our customers. Guided by our global vision of 'Progress for Humanity,' HMIL will continue to drive transformation in products and services, while contributing meaningfully to the society.' Hyundai began its India journey with the groundbreaking of its state-of-the-art manufacturing facility in Sriperumbudur, Tamil Nadu. Since then, this facility has advanced from strength to strength, emerging as the hub of manufacturing excellence. Operations at the manufacturing facility began in September 1998 with the commissioning of Hyundai's first integrated car manufacturing plant outside of the Republic of Korea. From SANTRO, to CRETA, to IONIQ 5, to IPO - Hyundai Motor India's growth story is intertwined with the journey of India. HMIL is today a household brand, committed to the development of this nation. To meet growing demand and position itself as a manufacturing hub, HMIL aims to achieve cumulative annual production capacity of 1 million units by operationalizing its state-of-the-art Talegaon manufacturing facility. HMIL as a regional hub of Hyundai Motor Company Over 3.7 million vehicles exported, reinforcing 'Make in India, Made for the World'. Key export milestones: 0.5 Mn in 2008 1 Mn in 2010 2 Mn in 2014 3 Mn in 2020 3.7 Mn in 2025 Largest passenger car exporter since inception, with shipments to over 150 countries. HMIL continues to stand among the top three global contributors to Hyundai Motor Company's sales, accounting for 18.5% of its global volumes in CY 2024. This plant is also a benchmark in green manufacturing and smart factory practices. Sowing #SeedsofGood Through Hyundai Motor India Foundation (HMIF), the company has invested INR 400 crore over the last five years, positively impacting over 2 million lives annually through diverse community initiatives. With its CSR initiatives under the core pillars of Earth, Mobility, and Hope, HMIF has championed change for good. Promoting such community-driven economic initiatives, HMIF helped generate income benefits worth over INR 40 crore, empowering local communities to achieve self-reliance. As HMIL steps into its 30th year in India, the company remains future-focused delivering advanced mobility solutions and enriching customer experiences, driving collective progress for the nation and its people.
