–News Direct– DB Schenker U.S. Land Transport division, formerly USA Truck, has received the prestigious 2023 Secretary of Defense Employer Support Freedom Award. The honor marks the first-ever Freedom Award for the organization. A contingent of leadership and staff from DB Schenker received the award on behalf of the company in late August at the Pentagon in Washington, D.C. "We are truly honored to be recognized by the Department of Defense with the prestigious Freedom Award," said Joe Jaska, DB Schenker EVP, Land Transport, Region Americas. "We take pride in our programs that help create avenues for veterans and reservists to bring their talents to civilian careers. We are a stronger company because of the skills, capabilities, and unique perspectives they brin...

The global hydro flight system market is making waves with a valuation of US$ 50 million in 2023 and a promising trajectory for the years ahead. This revolutionary technology has captured the attention of thrill-seekers and water sports enthusiasts, propelling its rapid adoption across the globe. Taking Flight Above Water The hydro flight system combines cutting-edge jet-propulsion and watercraft technology, allowing users to soar up to 30 feet above the waters surface. Utilizing board-like structures and water jet boots or hand-controlled nozzles, riders experience an adrenaline-pumping adventure and enhanced maneuverability on the water, making it a sought-after choice for water sports enthusiasts. Market Segment Diversity The market boasts various product types, including diverse hydro ...

The global market for Oral Solid Dosage (OSD) manufacturing is on a trajectory of unprecedented expansion, poised to reach an astounding US$926 billion by the year 2027, reflecting an impressive Compound Annual Growth Rate (CAGR) of 6.5%. This monumental surge is underpinned by a myriad of factors, as outlined in the latest market overview and findings. Market Overview The Oral Solid Dosage Manufacturing market encompasses the production and packaging of pharmaceuticals in solid forms, including tablets, capsules, and powders. These dosage forms are favored for their ease of use, simplicity of administration, and long-term stability. Recent years have witnessed substantial growth in this sector, driven by the escalating demand for generic pharmaceuticals, an aging global population, and in...

The global Huber Needles market is experiencing a robust growth trajectory, with experts predicting an impressive valuation of approximately USD 60 million by 2026. This remarkable journey is driven by a confluence of factors, including the rising prevalence of chronic illnesses and continuous advancements in healthcare infrastructure. Market Overview In the ever-evolving landscape of medical technology, Huber needles have emerged as a pivotal development. These specialized needles, meticulously designed for critical medical applications such as chemotherapy, blood transfusions, and more, have become indispensable tools in the healthcare sector. Their unique design, featuring a septum or silicon membrane, ensures a safe and secure path for drug delivery, making them a crucial component of ...

–News Direct– LINE Hydrogen Founder and Executive Chairman Brendan James speaks to Thomas Warner from Proactive during a trip to London, where he has been holding meetings about the company's work in the zero carbon green hydrogen space. James explains that LINE Hydrogen is focusing on the delivery of zero-carbon green hydrogen fuel as a diesel replacement into the heavy transport and mining industries. He describe LINE as Australia's first fully-licensed and permitted commercial-scale green hydrogen project for diesel replacement, highlighting its flagship project currently under construction in Tasmania and ambitious expansion plans. "We're now working on expanding our projects and operations into the UK and Europe, hence being here this week and visiting...

–News Direct– Oxford Cannabinoid Technologies Holdings PLC (LSE:OCTP, OTCQB:OCTHF) chief executive Clarissa Sowemimo-Coker speaks to Thomas Warner from Proactive London after the pharmaceutical group announced phase 1 clinical trial results for its lead drug candidate OCT461201. Sowemimo-Coker explains that OCT461201 is the most advanced of the company's four programmes. The trial, conducted in collaboration with Simbec-Orion, tested the compound on healthy volunteers, with the final dose administered on September 20th. She says "since then we've been crunching the numbers and just processing those healthy volunteers to make sure we are in good shape and I'm very pleased to report [that we're] absolutely fine, no adverse events and all looking good ...

–News Direct– Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) CEO Callum Sommerton speaks to Thomas Warner from Proactive after the wellness and recreational products company announced it has secured a deal with major UK retailer WHSmith to stock Chill Brands' nicotine-free Chill Zero vape products. The products will be available in 150 of WH Smith's travel stores, including airport and train station locations. These hubs offer high exposure, reaching thousands of daily travellers. Sommerton emphasises that the nicotine-free vape products target individuals aged 18-35, offering a healthier alternative to nicotine products. Despite a 10-12% bump in share price following the announcement, Sommerton acknowledges challenges in the market, including geopolitical issues and conce...

–News Direct– Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Thomas Warner from Proactive after the innovative battery developer announced it will receive 400,000 of a 2.7 million grant from the Automotive Transformation Fund (ATF). The funding is part of a 16-month, 2.7 million collaboration programme that kicked off on 1 October. Ilika is collaborating with Mpac Group (LSE:MPAC) PLC and the UK Battery Industrialisation Centre (UKBIC) for this initiative. Purdy explains that the funding will be used to enhance the production of their large "Goliath" battery. In collaboration with Mpac, Ilika plans to establish an assembly line, increasing their manufacturing capacity from 0.5 to 1.5 Watt hours annually. This move aligns with their strategy to implement a full...

–News Direct– Light Science Technologies Holdings PLC (AIM:LST) (LSTH) CEO Simon Deacon speaks to Thomas Warner from Proactive about some recent developments at the agricultural technology company. Deacon explains that LSTH has been awarded a share of a 2.3 million grant for a project focusing on potato farming. Collaborating with institutions like Bangor University and James Hunt Institution, the initiative aims to adapt the company's existing sensors for nitric oxide sensing, crucial for understanding soil conditions. The sensors will monitor 24/7, providing valuable data on nutrient and fertiliser application, reducing wastage and environmental impact. Deacon portrays it as a lucrative opportunity to expand from controlled into open agriculture. Additionally, the company has ap...

The worldwide automotive data management market is on a trajectory of remarkable growth, projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 20% from 2023 to 2028. In 2022, the markets value already reached a significant milestone at $1.08 billion. This exponential growth is attributed to various factors shaping the automotive industrys data landscape. Driving Factors Adoption of Connected Vehicles Gains Momentum: The automotive industry is witnessing an uptick in the adoption of connected vehicles equipped with sensors that gather data on vehicle performance, surroundings, and driver behavior. These insights enhance vehicle safety, efficiency, and offer personalized services. Growing Need for Real-Time Data Analytics: Real-time data analytics is becoming indispensable in t...