Latest news with #localization
Arab News
4 hours ago
- Automotive
- Arab News
Saudi Arabia inks Turkish defense deals to accelerate localization of land systems
JEDDAH: Saudi Arabian Military Industries has signed technology transfer-focused agreements with three leading Turkish defense firms to accelerate the localization of advanced land systems manufacturing in the Kingdom. The Public Investment Fund-owned group signed the deals with Nurol Makina, FNSS, and Aselsan under the patronage and presence of Khalid bin Hussein Al-Biyari, assistant minister of defense for executive affairs; Ahmed bin Abdulaziz Al-Ohali, governor of the General Authority for Military Industries; and Haluk Gorgun, president of Turkiye's Defense Industries Agency, according to a statement. Driven by Vision 2030 goals, the Kingdom is pursuing defense self-sufficiency to reduce reliance on imports. At the forefront of this transformation is SAMI, established in 2017, with a mandate to localize 50 percent of the country's defense spending by the end of the decade through strategic partnerships and joint ventures with leading global manufacturers. 'The agreements were signed by Mohammed bin Saud Al-Hodaib, executive vice president of SAMI Land. Each of the recently signed agreements varies in scope and purpose, with the ultimate goal of localizing SAMI Land's capabilities.' SAMI said. It added that the first agreement with Nurol Makina focuses on technology transfer and the manufacturing of military vehicles produced by the Turkish company, while the deal with FNSS Defense Systems outlines cooperation on technology transfer and the production of armored combat vehicles and weapon turrets. 'SAMI Land will also leverage its agreement with ASELSAN (Askeri Elektronik Sanayi), for technology transfer to localize the manufacturing of combat turret systems within Saudi Arabia,' the statement said. Technology transfer and manufacturing under these agreements will take place at the SAMI Land Industrial Complex, or SLIC, which is scheduled to begin operations in the fourth quarter of this year and will adhere to the highest international standards for land systems manufacturing. 'It will serve as a center of excellence for the manufacturing of 4x4, 6x6, and 8x8 armored vehicles, in addition to armed turrets.' SAMI said, adding that SLIC operates under Industry 4.0 standards, leveraging artificial intelligence, the Internet of Things, and robotics to carry out advanced unmanned operations managed by intelligent systems, thereby enhancing efficiency and quality without direct human intervention. The statement said that SAMI Land is committed to advancing the company's strategic objectives by supporting the localization of the Kingdom's defense industries through the development of advanced industrial capabilities and the delivery of high-quality products and services across the entire product lifecycle, meeting the needs of its clients. Al-Ohali inaugurated the Saudi pavilion at the International Defense Industry Fair, IDEF 2025, being held at the Istanbul Fair Center from July 22 to 27, as part of SAMI's expanding global presence. During the event, Al-Ohali met with Haluk Gorgun, where they discussed recent developments in the defense industry and explored ways to strengthen bilateral cooperation, reflecting the depth of strategic ties between the two countries and supporting the Kingdom's aspirations for more impactful partnerships in this vital sector. As part of GAMI's efforts to enhance localization, the Saudi pavilion at IDEF 2025 saw Al-Esnad Factory, a leading Saudi private facility specializing in military parts manufacturing, sign three memorandums of understanding with leading Turkish companies, including MDH Makel Group, AKSA Group, and Ayyazilim Co. 'These strategic partnerships reflect GAMI's efforts to enable the sector and transfer and localize technology,' the authority said in a post on X. Last July, SAMI signed MoUs with Turkish firms Baykar, Fergani Space, and Aselsan to localize capabilities in drones, aerospace, and advanced electronics, further strengthening bilateral defense cooperation and enhancing the Kingdom's industrial base.
Yahoo
4 hours ago
- Business
- Yahoo
Ex-DAZN Japan President Takashi Nakamura Joins Dubbing Platform Camb.AI To Launch APAC Office
EXCLUSIVE: Former DAZN Japan President Takashi Nakamura has a new role. He's joined start-up dubbing and localization firm as President of APAC and will oversee a new Tokyo office. which owns an AI-powered multilingual translation tool, has launched in Asia due to the significant growth in the media and entertainment sector in the continent over the past decade. Nakamura experienced much of that, having been sports streamer DAZN's Japan President and Managing Director for seven years between 2015 and 2022. More from Deadline Senators Introduce Bill To Restrict AI Companies' Unauthorized Use Of Copyrighted Works For Training Models Ian Rankin's 'Rebus' Gets S2; DAZN Ligue 1, Serie A Deals; Paradigm Signs Filmmaker & Comedian - Global Briefs SAG-AFTRA Overwhelmingly Approves Video Game Agreement, Marking Official End To Nearly Yearlong Strike speech-to-speech translation tech, which is available in more than 150 languages, will allow Asia-Pacific content creators in Japan, Korea, Indonesia and other major territories to access easy-to-use AI dubbing tools in their content. The real-time voice translation tech preserves the speaker's original tone and intonation while translating the words into multiple languages and accents. It was initially used for live sports broadcasting – an area Nakamura knows well – but has since been employed far more broadly, on the likes of Nayla Al Khaja-directed psychological thriller's Three. has now worked with the likes of the Australian Open, MBC Group, Comcast/NBCUniversal, Eurovision Sport, IMAX, Ligue 1, MLS and NASCAR, and counts Comcast NBCUniversal Sports Tech among its investors, having raised a total of $15.1M to date. Nakamura begins his tenure with a deal in place with ads and marketing giant Dentsu, as it expands its content overseas. That pact begins with a radio show featuring actor Shinnosuke Tachibana talking about Japanese culture, translated into English and Chinese. 'APAC represents a major opportunity and priority for us, with the breadth and depth of its content industry, from sports to entertainment,' said Akshat Prakash, co-founder and CTO of 'We're thrilled to welcome Takashi Nakamura to lead our efforts in the region. 'His expansive industry expertise and pioneering work with DAZN Japan makes him uniquely capable of driving our mission forward, particularly in the area of multilingual real-time translation in sports. His connections and insights are expected to play a significant role in promoting the adoption of technology both domestically and internationally.' 'I am honored to join the team in its mission to globalize content through localization, including real-time translation of sports and live entertainment,' added Nakamura. 'Asian markets have consistently been at the forefront of content creation and tech innovation, making it the perfect place for to expand and grow within the global market.' Best of Deadline Everything We Know About Season 3 Of 'Euphoria' So Far 'Wednesday' Season 2: Everything We Know About The Cast, Premiere Date & More Everything We Know About 'Only Murders In The Building' Season 5 So Far
Yahoo
17-07-2025
- Business
- Yahoo
ReElement Technologies Applauds the Quad Critical Minerals Initiative and Highlights the Power Localized Refining Solutions
Collaboration and localization are essential to building a cost-competitive and diversified supply chain for national and global security ReElement has established partnerships across the Quad nations - Australia, India, and Japan - as well as in Africa, South America, and Europe to deploy its localized refining technology FISHERS, IN / / July 17, 2025 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), along with its holding in ReElement Technologies Corporation ("ReElement"), a leading U.S. innovator in rare earth element (REE) and critical mineral refining, applauds the recent announcement of the Quad Critical Minerals Initiative. The initiative highlights the importance of deep collaboration among partner nations, including Australia, India, Japan, and the United States - of which ReElement has partners that will utilize its high value refining technology locally to compete head-to-head on cost competitive production of high purity and separated rare earth, critical mineral and defense minerals. As previously announced on June 9, 2025, ReElement received a $150 million Letter of Interest of the Export-Import Bank of the United States (EXIM) specifically to support cross-border commercial collaboration. As a recognized member of the Defense Industrial Base, ReElement is uniquely positioned to work both with defense partners and industrial partners across these allied regions. Mark Jensen, CEO and Chairman of ReElement, commented, "Neither the U.S. nor China holds a monopoly on rare earth ore bodies. We identified this challenge early on and committed ourselves to developing a truly global solution. Today, ReElement has signed MOUs and agreements with partners across the Quad countries and beyond - in Africa, South America, and Europe - to bring our technology directly to the source. Localizing refining not only reduces cost and time to production, but also strengthens national and allied security by minimizing global bottlenecks. We look forward to working with our partners to deploy our platform, unlock value, and create resilient, high-quality jobs around the world." ReElement's technology is capable of production ultra-high purity (>99.5% to 99.999%) separated rare earth, critical mineral and defense minerals anywhere in the world. It can process both recycled materials and virgin ores, including legacy tailings. The technology supports recovery and purification of key elements that are crucial to our national security including SEG, SEG+ which possess Samarium - the most commonly used elements in magnets for defense applications. ReElement's technology also economically refines Sb, NdPr, Dy, Tb, Y, Tb, Ge, Ga, Gd, Li, Nb, Ta, Co, Ni, Zr and others - all vital to defense, energy, and high-tech applications. The Advantages of Localization with ReElement's Technology ReElement has developed and commercialized the only existing rare earth and critical mineral refining platform that is scalable, modular, and rapidly deployable anywhere in the world. This approach radically reduces execution timelines, capital costs, and environmental impact. Key Attributes: Modular Scalability: Systems can be right-sized for each project and expanded over time based on partner growth. Environmental Simplicity: The ReElement process is low-impact and was permitted in just one month in Noblesville, Indiana. Minimal Infrastructure: The technology is chemical - and energy-efficient, with closed-loop reuse of chemicals and water. Compact Footprint: Requires only a fraction of the space compared to traditional solvent extraction, lowering buildout costs. Speed to Market: Systems can be deployed in existing facilities and made operational in under 12 months - significantly faster than solvent extraction permitting and construction timelines. ReElement welcomes partnership opportunities with any nation or company seeking to lower costs, increase security, and build resilient supply chains for rare earths, critical minerals, and defense metals. Our "Powered by ReElement" solution can be deployed locally to help allies meet their national security and industrial goals. Contact our team to learn how we can collaborate. About American Resources Corporation (NASDAQ:AREC) American Resources Corporation is a leader in the critical mineral supply chain, developing innovative solutions both upstream and downstream of the refining process. The company and its affiliates focus on the extraction and processing of metallurgical carbon and iron ore, essential ingredients in steelmaking, as well as critical and rare earth minerals for the electrification market and recycled metals. Leveraging its affiliation and former parent status of ReElement Technologies Corporation, a leading provider of high-performance refining capacity for rare earth and critical battery elements, American Resources is investing in and developing efficient upstream and downstream critical mineral operations. These operations include mining interests in conventional and unconventional sources, recycling, and manufacturing. American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. About ReElement Technologies Corporation ReElement Technologies Corporation, a portfolio company of American Resources Corporation (NASDAQ:AREC), is a leading provider of high-performance refining capacity for rare earth and critical battery elements. Its multi-mineral, multi-feedstock platform technology focuses on the refining of recycled material from rare earth permanent magnets and lithium-ion batteries, concentrated ores and brines, as well as coal-based waste streams and byproducts to create a cost effective and environmentally-safe, circular supply chain. ReElement has developed its innovative and scalable "Powered by ReElement" process which collaboratively utilizes its exclusively licensed intellectual property within its partners' material processing flow sheets to more efficiently support the global supply chain's growing demand for magnet and battery-grade products. For more information visit or connect with the Company on Facebook, Twitter, and LinkedIn. Learn more about ReElement Technologies' process and technology here - Video. Special Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved. Investor Contact: JTC Team, LLCJenene Thomas(908) 824 - 0775arec@ Media Inquiries: Marjorie Weisskohl703-587-1532mweisskohl@ Company Contact: Mark LaVerghetta317-855-9926 ext. 0investor@ SOURCE: American Resources Corporation View the original press release on ACCESS Newswire Error 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
South China Morning Post
16-07-2025
- Automotive
- South China Morning Post
Airbus signs fresh deal with Chinese partner amid talk of massive China order
Airbus has signed a new cooperation deal with its Chinese partner that will see the company localise more production of its A321 jet in China, with the announcement coming just a week ahead of a key China-Europe leaders' summit. The European aviation giant will work with its partner AVIC Xi'an Aircraft Industry Group to start fuselage equipping – installing components onto the front and rear parts of an aircraft – for the A321 at its factory in Tianjin under the agreement. The programme is an extension of the companies' similar cooperation on the A320 and sends a positive signal in the run-up to next week's summit in Beijing, where some analysts predict Airbus may sign a 'mega-deal' worth tens of billions of dollars. 'It has expanded the scope of cooperation between both parties in the manufacturing of Airbus single-aisle aircraft, and is also an important measure by Airbus to continuously implement its localisation strategy,' George Xu, CEO of Airbus China, told state media outlet Xinhua News on Tuesday. 'China's supply chain is an indispensable part of the global aviation industry, showing strong resilience and competitiveness,' he said. The front and rear of the first A321 to undergo fuselage equipping in Tianjin were shipped to the factory at the beginning of the month, and Airbus expects the installation of the components to be completed by October. The whole process includes incoming inspection, insulation installation, bracket installation, as well as installation and testing of electrical, electronic, drainage, oxygen, flight control and hydraulic systems, according to an Airbus statement published on Tuesday.
Yahoo
15-07-2025
- Business
- Yahoo
Apple invests $500 million in rare earths mine operator MP Materials
(Reuters) -Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials, as the iPhone maker seeks to localize its mineral supply chain.
