Latest news with #OIP
Time of India
27-06-2025
- Business
- Time of India
Chaos in Belgium: Pro-Palestine activists sabotage military vehicles destined for Ukraine
Pro-Palestinian activists targeted Belgian defense companies, including OIP in Tournai, causing significant damage to military equipment intended for Ukraine. The activists, numbering around 100, broke into OIP, vandalizing property and delaying crucial deliveries. OIP's CEO stated that the company hasn't supplied Israel with weapons in over 20 years and condemned the actions as vandalism. Tired of too many ads? Remove Ads Protesters came prepared and caused damage OIP's role and reaction to the attack Tired of too many ads? Remove Ads FAQs In Tournai, a city in Belgium, some pro-Palestinian activists broke into a defense company called OIP and damaged military equipment that was supposed to go to Ukraine. They also targeted two Belgian companies — OIP in Tournai and Syensqo in Haren — because they accused these companies of helping Israel's military in Gaza, as per many protests were about Israel, the biggest damage happened in Tournai, where the equipment for Ukraine was seriously damaged. On June 23, around 100 masked activists entered the OIP company grounds. OIP is the Belgian branch of the Israeli weapons company Elbit Systems, according to the report by The New Voice Of CEO of OIP, Freddy Versluys, said the protesters came prepared with angle grinders and hammers. The group started by smashing desks and computers, then they heavily damaged several military of this damage, OIP will now delay the delivery of important equipment to Ukraine by at least one month. The financial damage is nearly 1 million euros, and the company has already filed an official complaint. Versluys also noticed that about 80% of the protesters were women, which can be clearly seen in the video by how they behaved and used the hammers, as stated by The New Voice Of Ukraine mainly works on repairing, maintaining, and upgrading military equipment. Since Russia's invasion of Ukraine, OIP has supplied around 260 armored vehicles to the Ukrainian army. The CEO said that OIP hasn't made any weapons or defense tools for Israel in more than 20 years. He also said the company isn't allowed to send any equipment to Israel. He called the protesters vandals who used the Palestinian cause as an excuse to commit June 20, a group of pro-Palestinian activists entered a Royal Air Force base in the UK. They sprayed red paint on two military planes and said they broke other equipment and made the planes stop working, according to The New Voice of broke into two Belgian defense companies and damaged military equipment, especially at OIP in in Tournai and Syensqo in Haren were the two companies attacked.
Associated Press
14-05-2025
- Business
- Associated Press
Aeluma to Showcase Semiconductor Breakthroughs for AI, Quantum, and Sensing Markets at Leading Industry Conferences
Upcoming Presentations at CS Mantech in May and OIP in June Highlight Aeluma's Scalable Photonic Platforms for High-Performance Computing, Quantum, and Sensing GOLETA, CA / ACCESS Newswire / May 14, 2025 / Aeluma, Inc. (NASDAQ:ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, automotive, AI, defense and aerospace, communication, and quantum computing, announced today it will participate in two key upcoming industry conferences: the 2025 International Conference on Compound Semiconductor Manufacturing Technology (CS Mantech) and the 2025 IEEE Optical Interconnects and Packaging Conference (OIP). At the conferences, Aeluma will present technical advancements in shortwave infrared photodetectors, high-speed optical interconnects, and quantum dot lasers for silicon photonics, core technologies engineered to meet the growing performance and scale requirements of AI infrastructure, quantum, and sensing systems. At CS Mantech, being held May 19-22, 2025 in New Orleans, Louisiana, Aeluma will deliver a talk titled: 'Heterogeneous Integration of Large-Area InGaAs SWIR Photodetectors on 300mm CMOS-Compatible Si Substrates.' This session will spotlight Aeluma's novel approach to wafer-scale manufacturing of high-performance photodetector arrays enabling compact, energy-efficient solutions for mobile and consumer, AR/VR, defense and aerospace, and industrial automation. At the IEEE OIP, being held June 16-18, 2025 in Fort Collins, Colorado, Aeluma will present: For meeting requests at either event, contact: [email protected]. About Aeluma, Inc. Aeluma ( ) develops photonics and optoelectronics for sensing, computing, and communication applications. Aeluma has pioneered a technique to manufacture semiconductor chips using high-performance compound semiconductor materials on large-diameter substrates that are commonly used for mass-market microelectronics. The technology has the potential to enhance performance and scale manufacturing, both of which are critical for emerging applications. Aeluma is developing a streamlined business model from its headquarters in Santa Barbara, California that has a state-of-the-art manufacturing cleanroom. Its transformative semiconductor chip technology may impact a variety of markets including mobile, defense and aerospace, AI, automotive, AR/VR, quantum, and communication. Aeluma differentiates itself with unique semiconductor manufacturing capability, proprietary technology, the ability to perform rapid prototyping, and a broad set of product offerings. Forward-Looking Statements All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company's expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as 'may,' 'will,' 'could,' 'would,' 'should,' 'anticipate,' 'predict,' 'potential,' 'continue,' 'expect,' 'intend,' 'plan,' 'project,' 'believe,' 'estimate,' and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available. Company Aeluma, Inc. (805) 351-2707 [email protected] Investor Contact: Bishop IR Mike Bishop (415) 894-9633 [email protected] SOURCE: Aeluma, Inc. press release
Daily Tribune
24-03-2025
- Business
- Daily Tribune
Alba drives digital transformation with Tamkeen's Open Innovation programme
Aluminium Bahrain (Alba) has advanced its participation in Tamkeen's Open Innovation Programme (OIP) by engaging in a five-day workshop-sprint to explore Industry 4.0 and digital transformation opportunities within the Company. These opportunities will be addressed through innovative solutions by small and medium-sized enterprises (SMEs) within the OIP framework. Facilitated by innovation expert and CEO of Impactique, Sahar Al Baharna, the sessions brought together ten employees from cross-functional teams at Alba, engaging them in structured activities using advanced innovation frameworks. The focus was on identifying technology and business model disruptions in key areas such as big data, sustainability, asset reliability, and clean energy. The workshop-sprint concluded with a pitch day, where two standout digital transformation opportunities were selected by a panel of experts from Alba, Tamkeen, and Brinc MENA. adsas Launched in December 2024, the Open Innovation Programme is backed by Bahrain's Labour Fund (Tamkeen) and managed by Brinc MENA as its Innovation Partner. The initiative connects leading enterprises with innovative Bahraini startups and SMEs to develop cutting-edge solutions for industry needs. As the first company in Bahrain to join the OIP, Alba remains committed to driving Industry 4.0 advancements in its processes while contributing to Bahrain's economy growth.
Trade Arabia
23-03-2025
- Business
- Trade Arabia
Alba drives digital transformation with Tamkeen's Open Innovation Program
Aluminium Bahrain (Alba) has advanced its participation in Tamkeen's Open Innovation Program (OIP) by engaging in a five-day workshop-sprint to explore Industry 4.0 and digital transformation opportunities within the company. These opportunities will be addressed through innovative solutions by small and medium-sized enterprises (SMEs) within the OIP framework. Facilitated by innovation expert and CEO of Impactique, Sahar Al Baharna, the sessions brought together 10 employees from cross-functional teams at Alba, engaging them in structured activities using advanced innovation frameworks. The focus was on identifying technology and business model disruptions in key areas such as big data, sustainability, asset reliability, and clean energy. The workshop-sprint concluded with a pitch day, where two standout digital transformation opportunities were selected by a panel of experts from Alba, Tamkeen, and Brinc MENA. Launched in December 2024, the Open Innovation Program is backed by Bahrain's Labour Fund (Tamkeen) and managed by Brinc MENA as its Innovation Partner. The initiative connects leading enterprises with innovative Bahraini startups and SMEs to develop cutting-edge solutions for industry needs. As the first company in Bahrain to join the OIP, Alba remains committed to driving Industry 4.0 advancements in its processes while contributing to Bahrain's economy growth, the company said. – TradeArabia News Service
Yahoo
21-03-2025
- Business
- Yahoo
Insurity adds OIP Insurtech as system integrator partner
Insurance software provider Insurity has added OIP Insurtech as a system integrator (SI) partner with the aim of strengthening its implementation capabilities and support services for property and casualty (P&C) insurers. The integration is expected to enhance the efficiency of insurers by speeding up the deployment of Insurity's solutions. This partnership leverages OIP Insurtech's expertise in specialty insurance markets and its familiarity with Insurity's suite of products including Sure MGA, ConceptOne, Sure Submission Gateway, Sure Underwriting and ClaimsXPress. The collaboration aims to ensure that insurers' technology investments are effective and contribute to their long-term success, the Insurity release added. This builds on OIP's support to Insurity for the AI-based Insurity Document Intelligence solution, research and development, and professional services. OIP Insurtech CTO Nemanja Jokic said: "Our partnership with Insurity as a SI partner is a direct extension of our long-standing relationship as a trusted product and document intelligence partner. 'With our deep expertise in insurance system integration, a dedicated team of SI professionals with an insurance background and an intimate knowledge of Insurity's products, we are committed to ensuring seamless, high-impact implementations for insurers. This collaboration reinforces our shared goal of delivering best-in-class technology solutions that drive industry efficiency, accuracy and growth." Insurity chief insurance and chief revenue officer Sylvester Mathis stated: 'OIP Insurtech has been a trusted partner across various aspects of our business, and we are excited to welcome them as an official SI partner. Their technical expertise, specialised industry knowledge and history of working with our solutions make them a valuable asset for insurers seeking to streamline implementations and optimise their operations." This announcement follows Insurity's partnership with InsCipher, which helps automate surplus lines tax filing. "Insurity adds OIP Insurtech as system integrator partner " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
