Latest news with #Prague-based
Yahoo
20-05-2025
- Business
- Yahoo
EU to give Radio Free Europe 5.5 million euros after Trump funding freeze
BRUSSELS (Reuters) -The European Union will donate 5.5 million euros ($6.2 million) to support Radio Free Europe following a freeze on U.S. federal grants to the media outlet by the Trump administration, EU foreign policy chief Kaja Kallas said on Tuesday. WHY IT MATTERS The financial pledge comes after Trump ordered the termination of grants in March as part of sweeping efforts to downsize the U.S. government. Critics said the move could devastate a rare source of reliable news in authoritarian countries. A U.S. District Court judge placed a temporary pause on the termination order but a federal appeals court this month blocked the ruling. QUOTES "In a time of growing unfiltered content, independent journalism is more important than ever," Kallas told reporters after a meeting of EU foreign ministers in Brussels. "This will support the vital work of Radio Free Europe," she said, describing the move as "short-term emergency funding" to provide a "safety net" for independent journalism. Radio Free Europe was not immediately available for comment. CONTEXT Radio Free Europe/Radio Liberty was set up during the Cold War to reach people in communist-run states. The Prague-based outlet still broadcasts to countries in Eastern Europe, including Russia and Ukraine. The Czech Republic, as the media outlet's host country, has been pushing for Europe to find funds to keep it going. "Our aim is to keep the mission, and the mission is providing free and fair information to societies in Russia, Belarus, Iran,' Czech Foreign Minister Jan Lipavsky told Reuters after the ministers' meeting. Sweden said earlier this month it would donate 20 million crowns ($2.07 million) to Radio Free Europe/Radio Liberty, saying the U.S. decision meant people in many countries risked losing access to free media. ($1 = 0.8868 euros) ($1 = 9.6523 Swedish crowns)
Hindustan Times
20-05-2025
- Business
- Hindustan Times
EU to give Radio Free Europe 5.5 million euros after Trump funding freeze
BRUSSELS, - The European Union will donate 5.5 million euros to support Radio Free Europe following a freeze on U.S. federal grants to the media outlet by the Trump administration, EU foreign policy chief Kaja Kallas said on Tuesday. WHY IT MATTERS The financial pledge comes after Trump ordered the termination of grants in March as part of sweeping efforts to downsize the U.S. government. Critics said the move could devastate a rare source of reliable news in authoritarian countries. A U.S. District Court judge placed a temporary pause on the termination order but a federal appeals court this month blocked the ruling. QUOTES "In a time of growing unfiltered content, independent journalism is more important than ever," Kallas told reporters after a meeting of EU foreign ministers in Brussels. "This will support the vital work of Radio Free Europe," she said, describing the move as "short-term emergency funding" to provide a "safety net" for independent journalism. Radio Free Europe was not immediately available for comment. CONTEXT Radio Free Europe/Radio Liberty was set up during the Cold War to reach people in communist-run states. The Prague-based outlet still broadcasts to countries in Eastern Europe, including Russia and Ukraine. The Czech Republic, as the media outlet's host country, has been pushing for Europe to find funds to keep it going. "Our aim is to keep the mission, and the mission is providing free and fair information to societies in Russia, Belarus, Iran,' Czech Foreign Minister Jan Lipavsky told Reuters after the ministers' meeting. Sweden said earlier this month it would donate 20 million crowns to Radio Free Europe/Radio Liberty, saying the U.S. decision meant people in many countries risked losing access to free media.
The Sun
15-05-2025
- Business
- The Sun
Molex Collaborates with Prusa Research to Scale Rapid Growth Trajectory for 3D-Printing Pioneer
• Robust yet simple connectivity solutions leveraged in widely popular 3D printers used by home hobbyists, students, small businesses and large industrial companies • More than one million components populated on Prusa printers last year, using up to 16 types of Molex CLIK-Mate connectors for flexible, flawless performance • More than 20 printer designs rely on Molex to ensure seamless connectivity while streamlining printer-kit assemblies, as well as machine modifications and upgrades LISLE, IL - Media OutReach Newswire - 15 May 2025 - Molex, a global electronics leader and connectivity innovator, is growing right along with Prusa Research, a rising star in the fast-paced world of 3D printing with more than 1,000 employees on three continents supporting a diverse and devoted base of customers worldwide. The Prague-based company strives to offer seamless experiences and unmatched flexibility for a variety of printing needs. Guided by a steadfast commitment to community, sustainability, as well as open-source hardware and software principles, Prusa offers its printers fully assembled or as Do It Yourself (DIY) printer kits. Equally important is the ability for customers to unlock new capabilities over time through hardware and software modifications, add-ons and upgrades. 'Prusa Research needed connectivity systems with the right balance of functionality and simplicity without compromising quality,' said Brian Hauge, SVP and president, Consumer and Commercial Solutions, Molex. 'With support from Arrow Electronics, we provide a full portfolio of connectors that are robust yet easy to use. Molex also stays in lockstep with Arrow and Prusa engineers to align emerging printer designs with new innovative connector solutions to ease new product introductions and upgrades.' Rapid Growth Trajectory Prusa's unwavering customer focus, passion for community and strong technology partnerships are cornerstones for driving a sustained rate of incredible growth. The company processed more than 300,000 orders for printers, filaments, resins and accessories last year while opening a U.S. subsidiary called Printed Solid, in Newark, Del., to further expand global reach by manufacturing printers and filaments in the United States. 'In 2024, Prusa grew 25% year over year, and we are excited for this year, which will be even bigger,' said Josef Prusa, CEO of Prusa Research. 'We populated over one million parts using Molex CLIK-Mate connectors last year and they all have performed very well. We now have more than 20 printer designs, and they all use Molex connectors. Looking ahead, we will continue to work with Arrow and Molex to drive our further expansion in Europe while building out manufacturing capabilities in the U.S.' To drive sustained growth, Prusa deployed Molex CLIK-Mate wire-to-board connectors, which align well with the company's high standards for performance and straightforward operation. Ideal for devices that require connectors to carry more signal lines in less space, these wire-to-board connectors feature a unique tuning-fork terminal design that provides low-insertion force while maintaining secure contacts. Prusa particularly appreciates the audible 'click' sound that offers immediate confirmation of secure contact, as well as easy automatic board placement and simplified set-up for at-home customers. Not only do CLIK-Mate connectors prevent DIY users from inserting them in the wrong orientation, but they also enable Prusa engineers to streamline production by speeding surface mount technology (SMT) line assembly. Compact, high-performance Molex Micro-Fit Connectors, which blend power and flexibility without impacting space or reliability, also are deployed by Prusa. In addition, Molex ultra-microcoaxial RF connectors are used to link Bluetooth and Wi-Fi connectors, along with other Molex solutions for supporting high-speed data and RF microwave technology. Up to 16 types of CLIK-Mate connectors currently help Prusa streamline printer production. Molex connectors are featured across Prusa's printer line, including the new CORE One printer, which hit the market this past January. Other connectivity solutions, such as Molex's Easy-On FFC/FPC Connectors, as well as custom connectivity solutions, are being explored to enhance support for existing and new printers.
Associated Press
13-05-2025
- Business
- Associated Press
Molex Collaborates with Prusa Research to Scale Rapid Growth Trajectory for 3D-Printing Pioneer
LISLE, Ill., May 13, 2025 /PRNewswire/ -- Molex, a global electronics leader and connectivity innovator, is growing right along with Prusa Research, a rising star in the fast-paced world of 3D printing with more than 1,000 employees on three continents supporting a diverse and devoted base of customers worldwide. The Prague-based company strives to offer seamless experiences and unmatched flexibility for a variety of printing needs. Guided by a steadfast commitment to community, sustainability, as well as open-source hardware and software principles, Prusa offers its printers fully assembled or as Do It Yourself (DIY) printer kits. Equally important is the ability for customers to unlock new capabilities over time through hardware and software modifications, add-ons and upgrades. 'Prusa Research needed connectivity systems with the right balance of functionality and simplicity without compromising quality,' said Brian Hauge, SVP and president, Consumer and Commercial Solutions, Molex. 'With support from Arrow Electronics, we provide a full portfolio of connectors that are robust yet easy to use. Molex also stays in lockstep with Arrow and Prusa engineers to align emerging printer designs with new innovative connector solutions to ease new product introductions and upgrades.' Rapid Growth Trajectory Prusa's unwavering customer focus, passion for community and strong technology partnerships are cornerstones for driving a sustained rate of incredible growth. The company processed more than 300,000 orders for printers, filaments, resins and accessories last year while opening a U.S. subsidiary called Printed Solid, in Newark, Del., to further expand global reach by manufacturing printers and filaments in the United States. 'In 2024, Prusa grew 25% year over year, and we are excited for this year, which will be even bigger,' said Josef Prusa, CEO of Prusa Research. 'We populated over one million parts using Molex CLIK-Mate connectors last year and they all have performed very well. We now have more than 20 printer designs, and they all use Molex connectors. Looking ahead, we will continue to work with Arrow and Molex to drive our further expansion in Europe while building out manufacturing capabilities in the U.S.' To drive sustained growth, Prusa deployed Molex CLIK-Mate wire-to-board connectors, which align well with the company's high standards for performance and straightforward operation. Ideal for devices that require connectors to carry more signal lines in less space, these wire-to-board connectors feature a unique tuning-fork terminal design that provides low-insertion force while maintaining secure contacts. Prusa particularly appreciates the audible 'click' sound that offers immediate confirmation of secure contact, as well as easy automatic board placement and simplified set-up for at-home customers. Not only do CLIK-Mate connectors prevent DIY users from inserting them in the wrong orientation, but they also enable Prusa engineers to streamline production by speeding surface mount technology (SMT) line assembly. Compact, high-performance Molex Micro-Fit Connectors, which blend power and flexibility without impacting space or reliability, also are deployed by Prusa. In addition, Molex ultra-microcoaxial RF connectors are used to link Bluetooth and Wi-Fi connectors, along with other Molex solutions for supporting high-speed data and RF microwave technology. Up to 16 types of CLIK-Mate connectors currently help Prusa streamline printer production. Molex connectors are featured across Prusa's printer line, including the new CORE One printer, which hit the market this past January. Other connectivity solutions, such as Molex's Easy-On FFC/FPC Connectors, as well as custom connectivity solutions, are being explored to enhance support for existing and new printers. Supporting Resources About Molex Molex is a global electronics leader committed to making the world a better, more-connected place. With a presence in more than 38 countries, Molex enables transformative technology innovation in the consumer device, aerospace and defense, data center, cloud, telecommunications, transportation, industrial automation and healthcare industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit View original content to download multimedia: SOURCE Molex Incorporated
The Citizen
08-05-2025
- Business
- The Citizen
Sweden throws Radio Free Europe $2 million lifeline after US withdrawal
The Prague-based radio station was founded by the United States during the Cold War to counter Soviet propaganda. Sweden's government said Thursday that it was pledging $2 million to Radio Free Europe/Radio Liberty after US President Donald Trump's administration froze funding to the broadcaster. 'After the United States withdrew its support for Radio Free Europe, people in many countries risk a lack of access to free media,' said a government statement. It would be donating 20 million kronor ($2 million) in 2025 to the Prague-based station, the statement added. Trump's funding freeze Founded by the United States during the Cold War to counter Soviet propaganda, RFE/RL had an annual budget of $142 million in 2024. US President Donald Trump in March froze US funding to the broadcaster of $77 million to slash government spending, a decision which has been appealed in US court. ALSO READ: Harvard defies Trump as $2.2bn funding frozen 'Free and independent media essential' RFE/RL reaches almost 50 million people in countries including Belarus, China, Iran or Russia, seeking to counter the official propaganda in those countries. Employing 1 700 staff and broadcasting in 27 languages to 23 countries, it has remained operational, the Czech government also having stepped in to keep it afloat. 'Free and independent media are essential for vibrant and prosperous democracies but not something we can take for granted,' Sweden's EU Minister Jessica Rosencrantz said in a statement. 'Radio Free Europe/Radio Liberty has long been a key player in providing fact-based information where it is most needed,' she added. NOW READ: Trump tariff threat could cripple African film and TV industry
