News Hub | News Direct

Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
Article thumbnail News Release

Ocean Power Technologies secure key deal for WAM-V Unmanned surface vehicles

Ocean Power Technologies Inc

Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to share exciting news about the company's success. Ocean Power Technologies has received multiple orders for fully integrated WAM-V Unmanned Surface Vehicles, totaling over $1.25 million. This significant achievement underscores the growing demand for OPT's advanced marine technologies and their applications in various fields such as maritime surveillance, environmental monitoring, and ocean data collection. The WAM-V USV represents the cutting edge of maritime innovation, offering superior performance in diverse ocean conditions. Its versatility and reliability make it an ideal choice for a wide range of marine applications, from data collection to security surveillance and environmental monitoring. Stratmann highlighted that the recent commercial orders have come from clients in Latin America, demonstrating the broad capabilities and applications of the WAM-V USVs. OPT's commitment to delivering customizable and scalable solutions has positioned the company as a preferred partner in the industry. Overall, this success reflects Ocean Power Technologies' dedication to providing innovative solutions that meet the evolving needs of the marine industry, and it marks an exciting milestone in the company's journey towards continued growth and impact in the field of marine technology. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

February 28, 2024 05:30 AM Eastern Standard Time

Video
Article thumbnail News Release

ASTRO America joins Government of Guam and US Navy for Announcement of ‘Project Plan’ for 3D Printing Center on Guam

ASTRO America

The Applied Science & Technology Research Organization of America ( ASTRO America ) joined Governor Lourdes A. Leon Guerrero of Guam and U.S. Navy Rear Admiral Scott Pappano, Program Executive Officer, Strategic Submarines (PEO SSBN) at a joint meeting last week, where they announced a project plan for building an additive manufacturing (AM) technology and workforce education center on Guam. This project is the culmination of efforts, spearheaded by the Governor over two years ago, to bring industrial additive manufacturing (or 3D Printing) to the island in order to diversify and expand Guam’s economy. She and her administration commissioned a study by ASTRO America, a manufacturing policy think-tank, to evaluate the feasibility of bringing such technology to Guam. A strong advocate for modernizing submarine production and addressing material readiness challenges through advanced technology, Rear Adm. Pappano and his team became natural partners, especially as they implement and scale innovative solutions to modernize America’s submarine industrial base. The new center is envisioned to serve a dual mission of: 1) Advancing national security by giving the submarine industrial base abilities to print components on-demand at the point-of-need. 2) Supporting economic development in Guam, forming a workforce skilled in key science, technology, engineering, and mathematics (STEM) careers, while also building out a new industry sector on-island, capable of delivering complex ship components. “Our announcement marks an historic inflection point for both the Government of Guam and the United States Submarine Industrial Base,” said ASTRO America President Neal Orringer (former Department of Defense Director of Manufacturing). “Working together, we will build an innovative and resilient technology base. Not only will we train a new generation of advanced manufacturing engineers, and operators but we will ensure the Navy’s access to critical capabilities for prototyping, producing, and validating key parts, components, and materials through advanced manufacturing and 3D printing capability.” The project plan discussed by Governor Leon Guerrero and Rear Adm. Pappano involves three key phases to develop and sustain submarine industrial base capabilities in the Indo-Pacific. PHASE 0: Structure and Business Plan. This phase, announced earlier this year, includes designing an advanced manufacturing technology and education center on Guam, with plans to procure, position, and operate industrial equipment on the island. A satellite campus at the University of Guam will be comprised of several partners that are mainland U.S.-based universities with leading industrial manufacturing higher education programs. This concept will include strategies for the campus’ long-term training, operation, and sustainment. Additionally, details for building capabilities on-site for part-production and test/evaluation will be developed, in concert with leading submarine industrial base and government officials to ensure supply can meet demand in Guam. PHASE 1: Staging and Transition. Based on the plans and concepts established in Phase 0, while the Government of Guam is constructing a permanent facility, the team will procure equipment and position technology appropriately within shipping container modules to establish initial capability, and determine optimal factory equipment and large-scale testing configuration for qualification of advanced shipbuilding tools and components. The campus will be operational, enrolling students with appropriate support staff and technology integration. Additionally, use-cases will demonstrate effectiveness of the team’s short- and long-term approach to part prototyping and validation. PHASE 2: Deployment and Operational Launch. In the next stage, modules with 3D production and advanced inspection equipment will be positioned and transitioned for implementation on Guam. Coursework will be underway for students in Guam for on-island credentialed higher education, as well as prototyping and testing/evaluation of naval ship production parts to support the submarine supply chain. Each of these phases will be carried out in close coordination with and direction from another leading defense nonprofit organization, BlueForge Alliance (BFA), which serves as project integrator for the submarine industrial base’s broad-based initiatives across every region of the United States. At the meeting, Governor Leon Guerrero and Rear Adm. Pappano affirmed their joint commitment to this project plan, including support from the Guam Economic Development Authority and University of Guam in establishing a facility and investments by BFA on behalf of the Navy to advance common goals, including enabling the future tri-lateral AUKUS partnership. The project’s success will be measured by the team’s efforts to catalyze growth of a specialized advanced manufacturing workforce, as well as necessary capabilities to produce parts that will meet growing national security needs for the submarine industrial base. “I am pleased to join Rear Admiral Pappano in developing this project plan, informed by the input of public and private entities across the island of Guam,” said Governor Leon Guerrero. “This plan will create new job opportunities for Guam while contributing to America’s national security interests. It’s a win-win.” “The Navy is excited to be working with the Government of Guam and the great team at ASTRO on this vital mission to further the national imperative for advanced manufacturing capability and the workforce to execute those requirements in a strategic location that directly benefits our ships and submarines,” said Rear Adm. Pappano. ASTRO will continue to manage this effort, with support from both the U.S. Navy and the Government of Guam. The project is expected to be informed by Phase I of the feasibility study completed for the Guam Economic Development Authority last year, as well as the second report being completed with the Guam Bureau of Statistics and Plans. That forthcoming report is focused on developing an implementation plan to establish an ecosystem tailored to distinct advanced manufacturing and AM requirements, as well as the unique economic and geo-political conditions on Guam. Both agencies will play roles in the new project that advances both economic and security needs through AM development on the island. For more information on this project, click here. The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@astroa.org Company Website https://www.astroa.org

February 27, 2024 12:42 PM Eastern Standard Time

Image
Article thumbnail News Release

S&U PLC navigates economic and regulatory challenges, eyes future growth

S & U PLC

S&U PLC chairman Anthony Coombs delved into the company's trading statement for the 12 months ended 31 January 2024 in an interview with Proactive's Stephen Gunnion. Despite a challenging year due to a number of headwinds facing the sector, the motor and property finance group remained resilient, with improving prospects. Coombs attributed the past year's to the cost of living increase and heightened regulatory activities by the Financial Conduct Authority, aimed at protecting customers under economic pressure. This regulatory environment created headwinds for S&U, slightly impacting its results. Consequently, pre-tax profits are expected to be 10 to 15% below analysts' consensus. However, Coombs said the flow of new business into both of S&U's sectors—motor and property finance—is robust, with the company facing challenges in collections due to regulatory scrutiny. S&U's diverse business model, including its Advantage motor finance and Aspen bridging loan business, has helped it navigate pressures. Aspen, in particular, saw cumulative repayments increase by more than 50%, benefiting from high demand in the SME sector for development and refurbishment loans—a demand not fully met by traditional banks. This diversification is expected to aid in the company's recovery, especially as economic conditions improve. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 22, 2024 10:46 AM Eastern Standard Time

Video
Article thumbnail News Release

NAFA Announces 2024 Board of Directors

NAFA Fleet Management Association

NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, proudly announces its new 2024 Board of Directors, led by Mike Camnetar, CAFM, Fleet Services Manager for General Mills Inc. NAFA’s Board of Directors comprises professionals from many sectors and enterprises, including technology firms, urban municipalities, foodservice enterprises, healthcare entities and more. “As we dive into the heart of our bylaws and strategic plan this year, it's clear that we're charting a course towards a stronger, more cohesive NAFA,” said Mike Camnetar, CAFM, NAFA Board President. “By embracing inclusivity in our governance and refining our strategic focus, we're not only enhancing the association's vitality but also fostering a more vibrant community for our members. This year's Board of Directors, with its diverse expertise and unwavering commitment, stands ready to spearhead this transformative journey, ensuring that every decision made reflects our dedication to advancing NAFA's mission and serving the needs of our esteemed members.” The following individuals serving on NAFA’s 13-member 2024 Board of Directors: President: Mike Camnetar, CAFM Fleet Services Manager for General Mills Inc. Senior Vice President: Maria Neve Vice President - eFMC Services for Inspiration Mobility Vice President: Kevin Fisher, CAFM Fleet Professional Secretary/Treasurer: Beth Cooley, CAFM Director for the Commonwealth of Virginia Office of Fleet Management Immediate Past President: Raymond Brisby, CAFM Manager of EMS Fleet Operations for Alberta Health Services Sara Burnam, CAFM, Member Director of Fleet Management for Palm Beach County, FL Fleet Management Al Curtis, Member Fleet Director for Cobb County, GA Fleet Management David Hayward, CAFM, Member Global Fleet Manager for ABM Industries Amy McAdams, CAFM, Member Fleet Manager for Climate Pros William McCarty, Member Chief Operating Officer for Illinois Central Management Services Bob Mossing, Member Manager of Fleet Support and Operations for The Davey Tree Expert Company Alexis Reece, CAFM, Member Fleet Analyst for Ferguson Enterprises Steven Saltzgiver, CAFS, Member Director of Strategic Innovation for RTA Fleet Management Software NAFA is pleased to welcome these expert fleet professionals and skilled individuals to the 2024 Board of Directors. Their dedication to the fleet and mobility world inspires innovation, creates progress and truly keeps the industry moving. For more information on NAFA, visit: https://www.nafa.org/ NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes; and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and Twitter. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/

February 21, 2024 02:00 PM Eastern Standard Time

Article thumbnail News Release

Stifel North Atlantic and ASTRO America Announce a First-of-its-Kind Private Equity Fund Under New DOD-SBA Initiative

ASTRO America

Small Business Administrator Isabel Guzman and National Economic Council Director Lael Brainard announced at a White House event last Wednesday that the partnership between Stifel North Atlantic (NYSE: SF) and ASTRO America is the first recipient of a “Green Light” to raise private capital for an SBIC Critical Technologies (“SBICCT”) fund. Officially called the AM Forward Critical Technologies SBIC, the Fund is actively fundraising and moving forward with the final SBA licensing process. The SBA-DoD SBICCT initiative is the first program under a historic SBA-DoD collaboration, launched by Secretary of Defense Lloyd Austin and SBA Administrator Guzman in December 2022. By pairing private capital with SBA administered leverage, the initiative will support private sector investment in US national security-vital component-level technologies and production processes. The structure will achieve the important mission of bolstering U.S. national security and the Defense Industrial Base without reliance on deficit funding, while supporting American small businesses. “This new Fund is important to both our national security and American competitiveness,” said ASTRO co-founder and President, Neal Orringer. “Not only will it provide essential financial support to small and medium-sized manufacturers, but it will help modernize key supply chains, helping accelerate adoption of technologies such as metal 3D printing that are increasingly important to America’s defense and aerospace industries.” He continued, “We are grateful for the DoD and SBA’s leadership in developing innovative approaches for catalyzing the injection of private capital into critical defense supply chains, at no cost to the taxpayer.” ASTRO America leads the White House’s AM Forward initiative, which includes a compact between the Administration and seven iconic American lead system integrators. The AM Forward member companies identified access to capital as a key barrier to eliminating bottlenecks, modernizing and increasing resiliency within their supply chains, particularly in metal castings and forgings. In early 2023, ASTRO selected Stifel North Atlantic as the financial partner to manage the SBIC Fund based on Stifel’s rich history of support for small and middle market companies and extensive experience managing SBIC Funds. ASTRO will lead the Fund’s Technical Advisory Board. “We are deeply committed to both our unique partnership in the SBICCT fund as well as with the SBA more broadly,” shared Victor Nesi, Stifel Financial Co-President. “The SBA has made remarkable progress in developing innovative ways to reach out, support and nurture the small business ecosystem that is so foundational to our organization. We are also grateful for the thought leadership provided to this project by key AM Forward member Lockheed Martin (NYSE: LMT).” Mike Nitka, Managing Director at Stifel North Atlantic offered, “This fund is a rare opportunity to mix purpose and passion. We are advancing the adoption of mission-ready production technology for the US aerospace and defense supply chain while supporting the journey of emerging US small businesses. Through this revolutionary partnership with the SBA, DoD, ASTRO America, and our anchor investors, we have the opportunity to create jobs and build US manufacturing capacity. I applaud all involved as this is a truly unique non-partisan approach to solving for a universal American need – national security.” During the event, in addition to key Biden-Harris Administration officials from the White House, SBA and DoD, Stifel and ASTRO executives also met with leading investors from the financial industry and executives from major aerospace and defense companies. With committed strategic and financial investors, Stifel North Atlantic and ASTRO expect to complete the final phase of the SBICCT licensing process and execute a first closing on the Fund in the coming months. After the initial closing, the Fund will begin actively investing in small business manufacturers to help strengthen the U.S. aerospace and defense supply chains. The White House readout of the event can be read here and the SBA overview of the event can be read here. More information on the SBA-DoD SBICCT initiative can be found here. The Applied Science and Technology Research Organization of America (ASTRO America) is a 501(c)(3) not-for-profit, non-partisan Research Institute and Think Tank. It was established in 2018 to advance the public interest through manufacturing technology and policy. Led by manufacturing professionals with broad public and private sector experience, ASTRO America supports collaborations by government agencies and companies to address supply chain challenges in highly regulated industries, including aerospace and defense. Find out more: https://www.astroa.org/ Established in 1890, with headquarters in St. Louis, Missouri, Stifel is a full-service financial services firm with a distinguished history of providing securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, institutions, corporations, and municipalities. Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@astroa.org Company Website https://www.astroa.org

February 21, 2024 07:00 AM Eastern Standard Time

Article thumbnail News Release

FuelRod Installs Swappable Charger Kiosks at Union Station in DC

Fuel Rod

FuelRod, a leading provider of portable power solutions, today announced the installation of their innovative swappable charger kiosks at Union Station in Washington, DC. FuelRod’s patented two-way exchange mobile charging program will help to keep travelers connected as they pass through the station, and act as the latest addition to their growing network of kiosks both within DC and Nationwide. FuelRod’s installation at Washington Union Station—their second within an Amtrak-serving hub, following a 2023 installation at Los Angeles Union Station—will provide city residents and long-distance travelers alike with portable, environmentally friendly power within the railway station. Visitors will now be able to purchase a FuelRod charging kit or swap an empty charger for a fresh, fully charged replacement at the kiosks to be installed. Washington Union Station is the latest FuelRod location to join an already established network throughout the nation’s capital city. Examples of existing stations in DC include the Walter E Washington Convention Center, Entertainment and Sports Arena, Washington Dulles International Airport, Baltimore/Washington International Thurgood Marshall Airport (BWI), and Six Flags America. “We are extremely proud of the expansion of our FuelRod mobile charging program into Union Station, Washington DC. We have a strong commitment to the traveling public and are focused on continued growth in transportation hubs across the United States,” said COO Joe Yeagley regarding this newest deployment in the nation’s capital. “Staying connected in today’s fast-paced world is more essential than ever, and people on the go should have convenient access to mobile charging regardless of where they happen to be.” The company’s presence in Washington, in turn, is part of a nationwide effort by FuelRod toward a network that people can rely on to stay powered and connected wherever they go. About FuelRod FuelRod is a California-based portable power solutions company and developer of the FuelRod kit—the first reusable, portable charging system that allows you to charge your mobile device on the go, and then recharge or swap for a fresh one. With a growing network of kiosks nationwide, FuelRod can keep your devices powered virtually anywhere you go. Learn more at www.fuel-rod.com. Contact Details Claudio Frescas +1 423-914-9647 claudio@fuel-rod.com Company Website https://www.fuel-rod.com/

February 20, 2024 09:00 AM Eastern Standard Time

Article thumbnail News Release

Seeing Machines highlights strong cash position; says it's on track to achieve revenue targets

Seeing Machines Ltd

Seeing Machines Ltd CEO Paul McGlone joined Proactive's Stephen Gunnion with a comprehensive update on the company’s performance for the first half of 2024. McGlone highlighted a strong financial position with over US$22 million in cash, alongside receivables and inventory totaling an additional US$31 million, positioning the company well for future profitability and breakeven. He emphasised the absence of a need for additional funding, thanks to a projected increase in high-margin software royalties from the automotive sector, which are expected to significantly boost cash flow. McGlone also shared optimism about achieving consensus revenue targets, noting a historical trend of stronger performance in the second half of the financial year. Despite a dip in automotive volumes in the recent quarter, McGlone pointed to the early stages of royalty growth and external economic factors as reasons for variability, maintaining confidence in long-term growth targets. Looking ahead, McGlone anticipates an uptick in cars featuring Seeing Machines’ technology, driven by increasing market demand for semi-autonomous driving features and regulatory requirements. The company’s focus on high-margin royalty revenues within the automotive business is expected to underpin growth and profitability, with significant revenue projections for financial year 2026 based on already secured business. Additionally, Seeing Machines is making strides in the aftermarket sector, with a promising product launch at the Geotab Connect event in Las Vegas. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

February 14, 2024 02:39 AM Eastern Standard Time

Video
Article thumbnail News Release

Sail Into The Season of Love and Friendship with Norwegian Cruise Line

YourUpdateTV

Travel Expert and Editor-in-Chief of Cruise Critic, Colleen McDaniel, teamed up with Norwegian Cruise Line on a nationwide satellite media tour to discuss top cruise destinations, tips for planning, and much more. A video accompanying this announcement is available at: https://youtu.be/uPu9vc9Oo8c Love is in the air, and this February it's all about reconnecting with those we cherish most. Whether you are celebrating Valentine’s Day with your romantic partner, or Galentine’s Day, the celebration of female friendships founded by the legendary, but fictional Leslie Knope from Parks and Recreation, with the heroines in your life, February is a reminder of the extraordinary connections with friends, family and partners. There’s no better way to reconnect with the important people in your life than by disconnecting from the whirlwind of daily responsibilities and embarking on a new journey together. Cruises provide the perfect setting for couples seeking a romantic escape, where they can indulge in exquisite restaurants, multiple bars and lounges, relaxing spa treatments, and adult-only areas for the ultimate dreamy getaway. Couples looking to splurge on their vacation can stay in The Haven by Norwegian®, NCL’s ship-within-a-ship luxury, keycard access only complex with a private restaurant, bar, lounge, 24-hour butler, and concierge service. The Haven offers couples a truly private experience when they want to be alone, as well as easy access to all of the excitement and attractions of the rest of the ship. And for those looking to celebrate their friendships – cruises are a great way to nurture those cherished connections and maximize the time spent with those most important. Finally, cruising is an easy way to explore popular destinations like Europe and Hawaii. NCL offers a great variety of immersive European itineraries visiting multiple countries in one voyage with few sea days and an average of 10.5 hours in port that allows for guests to bond and indulge in culturally rich destinations. In 2024, NCL will have 10 ships in the region, including the newest ships, Norwegian Prima and Norwegian Viva, offering couples and groups of girlfriends an array of itineraries sailing through the Mediterranean, Northern Europe and Greek Isles. NCL is also the only cruise line to offer exclusive seven-day inter-island Hawaii cruises —one of the most sought-after voyages featuring nearly 100 hours of port time. The award-winning sailing visits the idyllic islands of Oahu, The Big Island; as well as two overnight stays in Maui and Kauai making it the perfect way to honeymoon with your partner or the most photo-worthy trip with your girls. Visit ncl.com to learn more about available itineraries and the best deals to start planning your ultimate vacation at sea. About Colleen McDaniel Colleen McDaniel is Editor-in-Chief of Cruise Critic, the world’s largest online cruise resource. She considers cruising to be a true passion, having traveled the world by water – from Alaska, the Caribbean and Hawaii, to Europe’s rivers, Antarctica and Africa – on ships of all shapes and sizes. She’s regularly quoted as a cruise expert in media outlets across the country, including outlets like The Associated Press, Good Morning America, CNN, FOX Business, CNBC, The New York Times, Travel + Leisure and Skift. Cruise Critic is the world’s largest cruise reviews and information site, offering a comprehensive resource for cruise travelers -- from first-time cruisers to avid cruise enthusiasts. The site features more than 50M+ opinions, reviews & photos and hosts the world's largest online cruise community. Cruise Critic is a subsidiary of TripAdvisor, Inc. About Norwegian Cruise Line As the innovator in global cruise travel, Norwegian Cruise Line has been breaking the boundaries of traditional cruising for 57 years. Most notably, the cruise line revolutionized the industry by offering guests the freedom and flexibility to design their ideal vacation on their preferred schedule with no assigned dining and entertainment times and no formal dress codes. Today, its fleet of 19 contemporary ships sail to 450 of the world's most desirable destinations, including Great Stirrup Cay, the company's private island in the Bahamas and its resort destination Harvest Caye in Belize. Norwegian Cruise Line not only provides superior guest service from land to sea, but also offers a wide variety of award-winning entertainment and dining options as well as a range of accommodations across the fleet, including solo-traveler staterooms, club balcony suites, and The Haven by Norwegian®, the company's ship-within-a-ship concept. For additional information or to book a cruise, contact a travel professional, call 888-NCL-CRUISE (625-2784) or visit www.ncl.com. For the latest news and exclusive content, visit the NCL Newsroom and follow Norwegian Cruise Line on Facebook, Instagram, Tik Tok and YouTube @NorwegianCruiseLine; and Twitter @CruiseNorwegian. Norwegian Cruise Line is a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH). To learn more, visit www.nclhltd.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 12, 2024 12:39 PM Eastern Standard Time

Video
Article thumbnail News Release

ECD Automotive Design financial guidance for 2024 calls for 50% increase in revenue

ECD Automotive Design Inc.

ECD Automotive Design CEO Scott Wallace joined Steve Darling from Proactive to share news that the company is gearing up for an exciting year ahead in 2024 as the first publicly-traded "restomod" company. ECD is a creator of restored luxury vehicles that combines classic English beauty with modern performance. ECD anticipates a strong financial performance for 2024 with revenue projected to be $33 million, an impressive increase of over 50% compared to anticipated 2023 revenue of $22 million, and gross margins expected to be 35%in 2022 to 38% in 2024. One notable achievement is that ECD's core Defender North production line is already completely sold out for 2024. This, combined with the introduction of the Jaguar E-Type and an undisclosed new model on the South production line, means that ECD has already secured binding orders of over 80% of its total 2024 production capacity. To accommodate this increasing demand, ECD plans to add another manufacturing line to its Rover Dome facility in Kissimmee, Florida. This expansion aligns with its commitment to sustainable growth and positions the company for long-term success. ECD's growth plans also include consolidating the ecosystem that surrounds the luxury auto client. This is a $15 billion industry that is highly fragmented. In addition to these exciting developments, ECD has unveiled Project QE, a Defender 110 that blends modern amenities with classic British heritage. This vehicle boasts a LT1 V8 engine with 450 horsepower. With its classic grill, bumper, and 6-point roll cage, Project QE pays homage to its English roots while offering a comfortable and powerful driving experience. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 08, 2024 09:47 AM Eastern Standard Time

Video
1 ... 34567 ... 118