Latest news with #Mobility
Malay Mail
20-05-2025
- Business
- Malay Mail
Anwar launches Malaysia's first locally built tactical vehicle ‘RIBAT' at Lima '25
LANGKAWI, May 20 — Prime Minister Datuk Seri Anwar Ibrahim today launched 'RIBAT', the first High Mobility Light Tactical Vehicle (HMLTV) designed and fully built by local company Mildef International Technologies Sdn Bhd (MILDEF). The launch was held in conjunction with the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA'25) at the Mahsuri International Exhibition Centre (MIEC). More interestingly, RIBAT was named by the Prime Minister himself, which carries high symbolic value and refers to the spirit of guarding and defending the country based on faith, patriotism and technology. RIBAT refers to the practice of guarding and controlling the border to defend the safety of the people. It symbolises preparedness, courage and the spirit of sacrifice for the sake of the country. At the event, Anwar witnessed the signing of the Memorandum of Understanding (MoU) between MILDEF and major Indonesian defence company PT PINDAD, and the collaboration is set to open up opportunities for exports, technology transfer and system integration between the two regional nations. The Prime Minister also witnessed the inking of the Memorandum of Agreement (MoA) between MILDEF and the Defence Science and Technology Research Institute (STRIDE), which is a prominent research agency under the Ministry of Defence. The MoA is aimed at focusing efforts on the development of two more tactical vehicle platforms that will be fully designed domestically. At the agreement signing, MILDEF was represented by its managing director Datuk Seri Mohd Nizam Kasa; PT PINDAD by Sigit Puji Santosa; and STRIDE by Ministry of Defence secretary-general Datuk Lokman Hakim Ali. Defence Minister Datuk Seri Mohamed Khaled Nordin and Malaysian Armed Forces chief Gen Datuk Mohd Nizam Jaffar also witnessed the signing of the agreement. Meanwhile, MILDEF said in a statement that the launch solidified its position as the country's leading land defence industry, thus making it the first producer of national tactical armoured vehicles to successfully penetrate the regional and international markets. MILDEF added that RIBAT was developed by local engineers with the support of industrial-grade engineering facilities in Seremban and Sepang, in addition to being equipped with a modular ballistic protection system and designed for missions such as patrols, convoys and special operations. Mohd Nizam said the launch of RIBAT not only illustrated the capability of the local industry but is also a manifestation of the success of the government's policy in empowering a self-reliant and high-impact defence ecosystem. 'RIBAT is the result of local innovation, which proves that Malaysia is not only capable of being a user of defence systems but also a creator of strategic technology trusted by both the government and the global community,' he said. Since its establishment in 2005, MILDEF has grown from a group of young engineers to become a key player in the national defence industry with its success in building various assets, such as the high mobility armoured vehicle (HMAV) Tarantula, the Rentaka 4x4 and now the HMLTV RIBAT.
Malay Mail
20-05-2025
- Business
- Malay Mail
Anwar launches Malaysia's first locally built tactical vehicle ‘RIBAT' at Lima'2025
LANGKAWI, May 20 — Prime Minister Datuk Seri Anwar Ibrahim today launched 'RIBAT', the first High Mobility Light Tactical Vehicle (HMLTV) designed and fully built by local company Mildef International Technologies Sdn Bhd (MILDEF). The launch was held in conjunction with the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA'25) at the Mahsuri International Exhibition Centre (MIEC). More interestingly, RIBAT was named by the Prime Minister himself, which carries high symbolic value and refers to the spirit of guarding and defending the country based on faith, patriotism and technology. RIBAT refers to the practice of guarding and controlling the border to defend the safety of the people. It symbolises preparedness, courage and the spirit of sacrifice for the sake of the country. At the event, Anwar witnessed the signing of the Memorandum of Understanding (MoU) between MILDEF and major Indonesian defence company PT PINDAD, and the collaboration is set to open up opportunities for exports, technology transfer and system integration between the two regional nations. The Prime Minister also witnessed the inking of the Memorandum of Agreement (MoA) between MILDEF and the Defence Science and Technology Research Institute (STRIDE), which is a prominent research agency under the Ministry of Defence. The MoA is aimed at focusing efforts on the development of two more tactical vehicle platforms that will be fully designed domestically. At the agreement signing, MILDEF was represented by its managing director Datuk Seri Mohd Nizam Kasa; PT PINDAD by Sigit Puji Santosa; and STRIDE by Ministry of Defence secretary-general Datuk Lokman Hakim Ali. Defence Minister Datuk Seri Mohamed Khaled Nordin and Malaysian Armed Forces chief Gen Datuk Mohd Nizam Jaffar also witnessed the signing of the agreement. Meanwhile, MILDEF said in a statement that the launch solidified its position as the country's leading land defence industry, thus making it the first producer of national tactical armoured vehicles to successfully penetrate the regional and international markets. MILDEF added that RIBAT was developed by local engineers with the support of industrial-grade engineering facilities in Seremban and Sepang, in addition to being equipped with a modular ballistic protection system and designed for missions such as patrols, convoys and special operations. Mohd Nizam said the launch of RIBAT not only illustrated the capability of the local industry but is also a manifestation of the success of the government's policy in empowering a self-reliant and high-impact defence ecosystem. 'RIBAT is the result of local innovation, which proves that Malaysia is not only capable of being a user of defence systems but also a creator of strategic technology trusted by both the government and the global community,' he said. Since its establishment in 2005, MILDEF has grown from a group of young engineers to become a key player in the national defence industry with its success in building various assets, such as the high mobility armoured vehicle (HMAV) Tarantula, the Rentaka 4x4 and now the HMLTV RIBAT.
Yahoo
16-05-2025
- Business
- Yahoo
Siemens AG (SIEGY) Q2 2025 Earnings Call Highlights: Strong Order Growth and Strategic ...
Book-to-Bill Ratio: 1.1, with all businesses at or above 1. Order Backlog: EUR117 billion. Group Orders: EUR21.6 billion, up 9% year-over-year. Revenue Growth: 6% overall, with strong double-digit contributions from Mobility and Smart Infrastructure. Industrial Business Profit: EUR3.2 billion. Operational Profit Margin: 15.3%, excluding wiring accessories gain. Earnings Per Share (EPS) Pre-PPA: EUR3. Free Cash Flow in Industrial Business: EUR2.1 billion. Digital Industries Orders: EUR4.3 billion, with a book-to-bill of 1.0. Smart Infrastructure Revenue Growth: 10%, driven by electrification business up 18%. Mobility Revenue Growth: 12%, fueled by strong rolling stock backlog execution. Siemens Financial Services Gain: Substantial gain from selling the remaining stake in Bengaluru Airport. Free Cash Flow Performance: Materially topped prior year's level in industrial business. Severance Charges: Expected in the range of EUR500 million to EUR600 million for fiscal '25. Group Revenue Growth Guidance: 3% to 7% for fiscal '25. EPS Pre-PPA Guidance: EUR10.40 to EUR11 for fiscal '25. Warning! GuruFocus has detected 4 Warning Sign with LTS:0HDJ. Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Siemens AG (SIEGY) reported a robust top-line performance with a book-to-bill ratio of 1.1, supported by a high-quality order backlog of EUR117 billion. Group orders increased by 9% year-over-year, reaching EUR21.6 billion, driven by strong performances in Mobility and Healthineers. Revenue growth was 6%, with significant contributions from Mobility and Smart Infrastructure, particularly in the electrification business. The company achieved an operational profit margin of 15.3% in its Industrial business, excluding divestment gains, and generated EUR2.1 billion in free cash flow. Siemens AG (SIEGY) confirmed its group outlook for fiscal year 2025, despite rising macroeconomic and geopolitical uncertainties, and continues to focus on innovation and customer-centric growth strategies. Investment sentiment in core industries such as automotive and machine building remains soft, particularly in export-driven markets like Germany. The software business experienced a modest decline due to fewer large orders in the EDA segment, impacting overall revenue growth. Rising tariffs and trade tensions pose risks to further recovery in important customer industries, affecting investment sentiment. Siemens Healthineers faced significant headwinds on profits, with expected impacts of EUR200 million to EUR300 million. The company anticipates material severance charges in the second half of fiscal 2025, which could weigh on profit margins. Q: Can you discuss the trends in the US and China for Digital Industries, particularly in automation and software? Why has software ARR growth slowed from 14% to 12%? A: Ralf Thomas, CFO: The book-to-bill for the automation business is expected to be around 1. Customer behavior shows hesitance due to tariff debates, but structural demand remains strong. In China, the normalization of distributor stocks is complete, and we see growth momentum. The slowdown in ARR growth is partly due to restrictions in the US, particularly in semiconductor manufacturing. Q: Could you elaborate on the new product introductions in China and their impact on orders? A: Roland Busch, CEO: We launched 18 new products, mostly in automation, with excellent customer feedback. These include localized versions of PLCs and drives. While there's no immediate impact on numbers, we expect positive results in the coming quarters. The products offer enhanced functionalities and are tailored to local needs. Q: Regarding severance costs in Digital Industries, how will they affect margins in the second half of the year? A: Ralf Thomas, CFO: We expect mid-double-digit severance costs in Q3, with the bulk in Q4. Despite this, margins are expected to improve due to volume pickup and positive economic equations. The overall impact of severance on DI's annual margin will be around 80 to 90 basis points. Q: Why is there a high-teens decline in EDA software in one quarter, and how will software margins progress? A: Ralf Thomas, CFO: The EDA business is inherently lumpy due to large-scale projects. We expect a strong EDA quarter in Q4. The software margin is expected to improve gradually as we transition to SaaS, but it's too early to provide specific exit profitability numbers. Q: Can you provide more details on the Dotmatics acquisition and your ambitions in drug discovery? A: Roland Busch, CEO: Dotmatics opens a new addressable market of EUR11 billion in life sciences. It complements our existing portfolio and offers synergies in customer access and go-to-market strategies. While the acquisition stands alone, we may pursue additional tuck-ins to enhance our offerings in this space. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
15-05-2025
- Automotive
- Yahoo
XING Mobility Showcases Advanced Immersion-Cooled Energy Storage Cabinet at All-Energy 2025
Ultra-Safe, High-Power System Unlocks New Potential for the UK Energy Storage Market GLASGOW, United Kingdom, May 15, 2025 (GLOBE NEWSWIRE) -- Following a successful debut at EES Europe in Germany, Taiwan-based battery innovator XING Mobility presents its latest immersion-cooled energy storage systems, at All-Energy 2025 in SEC Glasgow, Booth P59. With up to 4 times higher discharge power and industry-leading safety design, the system is positioned to address the UK's growing demand for scalable, high-performance energy storage in both on-grid and off-grid Mobility Showcases Advanced Immersion-Cooled Energy Storage Cabinet at All-Energy 2025 Designed for Power, Engineered for SafetyXING Mobility's new XBE1000 cabinet is equipped with XING Mobility's proprietary IMMERSIO™ immersion cooling battery system, offering flexible energy capacity from 200 to 1000 kWh and supporting both standalone and parallel cabinet configurations. The system's 2P (double-rated) discharge capability delivers up to 4x the power of conventional air-cooled systems—ideal for applications such as renewable energy integration, EV fast-charging, and AI data center backup power. By fully submerging battery cells in a dielectric coolant, IMMERSIO™ technology dramatically improves thermal management and operating stability. Field tests demonstrate the system's thermal runaway suppression, capable of reducing internal temperatures by over 1,000°C in under 15 seconds, mitigating fire and propagation risks while extending battery lifespan by up to XBE1000 XING Mobility's 1MWh immersion-cooled energy storage cabinet Nordic Deployment Proof Points: Mobility and VersatilityAt All-Energy 2025, XING Mobility is also showcasing a real-world deployment: the Hummingbird® high-power mobile charger, developed by Norwegian energy provider Nordic Booster. Powered by XING's immersion-cooled modules, Hummingbird delivers 300kW of mobile fast-charging, providing a compact, resilient solution for remote or temporary energy needs. Compared to traditional LFP batteries limited to 0.5C discharge, IMMERSIO™ offers significantly higher power density and thermal resilience. The company also highlights its 2.4MWh immersion-cooled ESS installed at Taiwan Power Company's offshore Changbin wind farm—the world's first deployment of immersion-cooled batteries in a wind energy application—demonstrating commercial viability and safety in large-scale energy storage. Supporting the UK's Net-Zero MissionAs the UK accelerates its shift toward a net-zero energy future—expanding wind, solar, and hydrogen energy infrastructure—high-performance, safe, and flexible battery systems are becoming critical. Through its participation at All-Energy 2025, XING Mobility aims to deepen partnerships with UK stakeholders and contribute its proven battery innovation to the region's energy XING Mobility:Founded in 2015, XING Mobility is a global leader in immersion cooling battery technology, with a production facility in Taiwan. Over a decade, XING has perfected its immersion cooling system, enabling superior thermal efficiency, unmatched fire safety, and reliable performance in extreme climates. XING's innovations are driving the global transition to electrification, proven across a wide range of applications, including supercar, passenger and commercial vehicles, agricultural and industrial machinery, energy storage systems, and the world's first immersion-cooled ESS for wind farms. XING Mobility continuously drives the global transition to electrification with strategic partner alliances. More at: Media ContactAbby Kuo / press@ Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
11-05-2025
- Business
- The Hindu
New coaching programme opens doors to government jobs for visually impaired students
In a step toward inclusive education and employment, Help the Blind Foundation (HTBF), in collaboration with Veranda Race, has launched a coaching initiative aimed at preparing visually impaired students for government job exams. The first batch of 40 students began their 8-week intensive training on April 30, 2025. The programme is being delivered in a hybrid model — both online and in person — from centres in Chennai and Madurai. A press release said that the programme combines HTBF's extensive experience in empowering visually impaired youth through education and mobility support with Veranda Race's expertise in competitive exam coaching. The initiative primarily targets students from economically disadvantaged families, many of whom relocate to cities to access better education and support networks. The coaching is part of HTBF's broader Education, Mobility, and Employability Training (EMET) programme, which also offers life skills, mobility training, and career readiness support. 'Competitive exams are a major gateway to employment, and this partnership helps remove the barriers that visually impaired students often face,' a spokesperson of HTBF was quoted as saying in the release. By providing tailored coaching and support, the HTBF-Veranda Race collaboration aims to create a more level playing field for visually impaired candidates and promote a more inclusive workforce.
