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LeddarTech Announces the Release of LeddarVision Front-View Fusion and Perception Software Products Designed for Automotive Level 2/2+ ADAS Applications

QUEBEC CITY, Dec. 07, 2022 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in providing the most flexible, robust and accurate ADAS and AD software technology, is pleased to announce the launch of the LeddarVision™ Front-View-E (LVF-E) and LeddarVision™ Front-View-H (LVF-H), two distinct comprehensive low-level fusion and perception software stacks that optimally combine sensor modalities for Level 2/2+ ADAS applications achieving a 5* NCAP 2025/GSR 2022 rating.

LeddarTech addresses the challenges Tier 1-2 suppliers and OEMs struggle with when developing Level 2/2+ ADAS applications, such as solving safety issues and finding scalable fusion and perception software that offers high performance at a low cost. The LeddarVision Front-View (LVF) family of automotive software products, developed by LeddarTech, addresses these challenges.

LVF-E (LeddarVision Front-Entry): Created for customers seeking to develop entry-level ADAS safety and highway assistance L2/L2+ applications, LVF-E is a comprehensive front-view fusion and perception stack for entry-level ADAS L2/L2+ highway assist and 5-star NCAP 2025/GSR 2022. LeddarTech’s low-level fusion (LLF) technology pushes the performance envelope, doubling the effective range of the sensors and enabling for the first time a solution with only a single 1.2-megapixel 120-degree front camera and two short-range front corner radars in a 1V2R configuration. Low-cost sensing, together with efficient implementation on the TDA4L platform, achieves the lowest system cost for L2/L2+ entry-level ADAS. B-sample is planned for Q2 2023, targeting vehicle SOP in 2025/6.

LVF-H (LeddarVision Front-High): The premium companion fusion and perception stack in the front-view product family. With sensor configuration extended to 1V5R based on a single 3-megapixel 120-degree camera, single front medium-range radar and four short-range corner radars, the stack extends the perception support to highway assist applications, including 160 km/h adaptive cruise control, 200-meter range and semi-automated lane change. It also enhances the NCAP 2025 support for overtaking/ reverse/dooring scenarios. Furthermore, with efficient implementation on the TDA4L platform and a single Hailo-8 deep-learning accelerator, low-cost sensing achieves economic front-view L2/L2+ premium ADAS. B-sample is planned for Q3 2023, targeting vehicle SOP in 2026.

The LeddarVision Front-View (LVF) family of products is designed to meet the needs of their customers:

High-Performance and Cost-Effective

  • LeddarVision’s low-level fusion (LLF) technology pushes the performance envelope, doubling the effective range of the sensors.
  • The products’ lowest-cost sensing feature and efficient implementation on the TDA4L platform achieve the lowest system costs.
  • Superior accuracy in object separation and longitudinal position measurement on highways enable higher-performing adaptive cruise control implementation.

Safety

  • LVF products address 5* NCAP 2025/GSR 2022 safety applications.
  • Include a built-in redundancy feature to accommodate sensor failures, degradations and conflicts.
  • Provide an increased safety feature due to superior accuracy in object separation and longitudinal position measurement.

Flexible and Scalable

  • A comprehensive front-view fusion and perception stack that supports entry-level to premium ADAS highway assist Level 2/2+ applications.

Interested customers can contact LeddarTech for “A” samples of the LVF-E and LVF-H products.

“I am excited to announce our newest sensor fusion and perception products to support entry-level to premium ADAS highway assist Level 2/2+ applications,” stated Mr. Charles Boulanger, CEO of LeddarTech. “The market’s need for a high-performance sensor fusion and perception product while also being cost-effective, flexible and scalable and has never been greater, and our LVF family of products addresses that need,” Mr. Boulanger continued. “Our mission at LeddarTech is to improve safety and the quality of life by enabling ADAS and AD applications, and this is accomplished with the release of these two products that achieve 5* NCAP 2025/GSR 2022 ratings.” Mr. Boulanger concluded: “I look forward to announcing additional products in 2023 that will continue to meet the needs of the industry and improve the quality of people’s lives.”

LeddarTech’s LeddarVision LVF-E and LVF-H software products will be highlighted at CES 2023, January 5-8 in Las Vegas, within LeddarTech’s booth # 5475, LVCC West Hall.

About LeddarTech

LeddarTech, a global software company founded in 2007, develops and provides comprehensive perception solutions that enable the deployment of ADAS and autonomous driving applications. LeddarTech’s automotive-grade software applies AI and computer vision algorithms to generate highly accurate 3D models of the environment, allowing for better decision making and safer navigation. This high-performance, scalable, cost-effective technology is leveraged by OEMs and Tier 1-2 suppliers for the efficient implementation of automotive and off-road vehicle solutions.

LeddarTech is responsible for several remote-sensing innovations, with over 140 patents granted or applied for that enhance ADAS and AD capabilities. Reliable perception is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to become the most widely adopted sensor fusion and perception software solution.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications and Investor Relations, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232 daniel.aitken@leddartech.com

Investor relations contact and website: InvestorRelations@leddartech.com
https://investors.leddartech.com/

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, LeddarEcho, VAYADrive, VayaVision, XLRator and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

GlobeNewswire Distribution ID 8708692

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Zoltek celebrates the founder’s 80th birthday

Leading the carbon fiber industry on a global scale

St. Louis, Missouri, USA, Dec. 06, 2022 (GLOBE NEWSWIRE) — Zoltek Corporation, the largest global manufacturer of industrial grade carbon fiber, has recently celebrated the 80th birthday of its founder, Zsolt Rumy.

Born in December 1942 in Budapest, Hungary, Mr. Rumy was a carbon fiber industry pioneer that ultimately changed the carbon fiber world.  He created the first industrial-grade carbon fiber made to compete against other common building materials, and created Zoltek Corporation to drive the commercialization of carbon fibers.

Mr. Rumy fled Soviet communism after the Hungarian Revolution in 1956, and arrived in the US as a 14-year old war refugee through the International Red Cross and Catholic Charities.   He later graduated with a chemical engineering degree from the University of Minnesota, accepted a position with Monsanto Company and moved to St. Louis, Missouri in 1966. After several years of corporate sales and engineering jobs in the chemicals industry, he started his own distribution business in 1975.   After years of selling carbon and graphite products, he plunged into carbon fiber manufacturing in 1988 with the acquisition of Stackpole Fibers in Lowell, Massachusetts.

His vision of a low-cost carbon fiber began on a pilot line in St. Louis, MO, and later became realized after acquiring an acrylic fiber factory, Magyar Viscosa, back in his native Hungary.  He led a team of engineers that were able to convert this acrylic fiber factory to the world’s first low-cost carbon fiber factory.  Zoltek repeated this feat by acquiring a second acrylic fiber factory in Mexico, and the rest is history.

In 2014, Zoltek was acquired by Toray Industries of Japan, who at the time was the world’s largest aerospace carbon fiber producer.  With the support of the Toray Group, Zoltek has now grown to the largest carbon fiber manufacturer in the world, with more than 30,000 MT of annual capacity.

“Zsolt is a true pioneer who lived the American dream.  He built a company and changed the carbon fiber industry forever.  We are all honored to be part of his journey and grateful for his leadership and friendship”, EVP of Sales & Marketing Dave Purcell. “Now it’s our job to carry his vision forward and bring our low-cost carbon fiber to new applications around the world,” he added.

“The Will To Do, The Soul Dare” is an autobiography that details Zsolt’s extraordinary life experiences and his visionary spirit and courage that revolutionized the carbon fiber industry.  Zsolt’s book is available in major book stores and Amazon.  You may also request a free copy of Zsolt’s book (while supplies last) by sending your request to jschmidt@twinspringsinv.com.

Zsolt Rumy and Dave Purcell are current board members of Zoltek Corporation.

About Zoltek: Zoltek Corporation is the most trusted manufacturer of cost-efficient and customer-centric industrial grade carbon fiber used for automotive parts, wind turbine blades, thermoplastic compounding, marine infrastructure, and many more. In 2014, Zoltek joined the Toray Group (Japan) which has advanced the company’s technology and strengthened the technical and financial resources and positioned the company for further growth as the most reliable global leader of carbon fiber.

For more information, you may visit www.zoltek.com or follow us on any of our social media channels including www.linkedin.com/company/zoltek/ and https://www.facebook.com/ZoltekCorp. For more information about Toray Group, you may visit www.toray.com 

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Jen Olson

Zoltek

GlobeNewswire Distribution ID 8709508

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Calgon Carbon Reactivation Study Shows Removal and Destruction of PFAS

Peer-reviewed journal article details Calgon Carbon study findings

Pittsburgh, PA, Dec. 06, 2022 (GLOBE NEWSWIRE) — A new study by Calgon Carbon Corporation (“Calgon Carbon”), a wholly owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) (“Kuraray”), has provided a definitive response to a persistent question about the fate of PFAS during reactivation of activated carbon. Reactivation is a high temperature thermal process that is commonly used by municipalities and industrial users to recycle their used activated carbon and destroy contaminants it has removed.

“The single-biggest conclusion from the study is that PFAS compounds are effectively removed from spent carbon through the reactivation process, as well as showing greater than 99.99% destruction of PFAS through our furnace and abatement system,” explained Rebecca DiStefano, Senior Applications Engineer at Calgon Carbon.

Remediation-The Journal of Environmental Cleanup Costs, Technologies, & Techniques, featured the findings of Calgon Carbon’s study in a peer-reviewed article published in the autumn issue of the esteemed quarterly journal that focuses on the practical applications of remediation techniques and technologies.

“The data detailed in our article effectively demonstrated the removal of PFAS compounds from granular activated carbon (GAC) and greater than 99.99% destruction of PFAS compounds through the furnace and off-gas abatement system,” said DiStefano, the lead author of the Remediation article.

The study’s findings come at a time of growing concern and increased focus about the impact of PFAS, often referred to as “forever chemicals” because of their inability to break down over time in the environment.

“This is research that no one else in the industry has published.,” DiStefano said. “We don’t want to have these unknowns stay out there and linger in people’s minds. We wanted to answer these questions and move the industry forward and continue promoting GAC as the best available treatment (BAT) technology for removing PFAS.”

Calgon Carbon’s FILTRASORB® GAC, sourced from bituminous coal, has demonstrated superior PFAS-removal capabilities compared to other carbons for two decades.

GAC is the most widely used and well-established treatment technology for the removal of PFAS contaminants from drinking water and wastewater. Thermally treating GAC at the end of its useful service life – known as spent carbon – is called reactivation, a process that vaporizes and destroys adsorbed contaminants at extremely high temperatures and restores the GAC to a near-virgin state so it can be reused.

In the first stage of Calgon Carbon’s proprietary reactivation process, PFAS-laden GAC is heated in a furnace for several hours at temperatures of up to 1750 degrees Fahrenheit, imparting enough energy to break down PFAS’s carbon-fluoride bonds, the strongest in chemistry.

The off gas from the reactivation furnace then moves into an abatement system, which features a thermal oxidizer/afterburner designed to destroy any organics that were not destroyed in the furnace. From there, it proceeds through a scrubber to neutralize any acid gases, such as hydrogen fluoride, and remove them from the abatement air. Finally, it passes through a baghouse to eliminate particulate matter.

“It’s a combination of our reactivation furnaces and the abatement systems that achieves these very high levels of destruction,” said John Matthis, Global PFAS Team leader at Calgon Carbon. “With other technologies, you may be removing PFAS from the water, but the question is, what do you do with that media once it has PFAS on it? Activated carbon and reactivation are unique because not only are we removing the contaminants from your water, we also are effectively removing them from the carbon – and from the environment as well.”

For its study, Calgon Carbon enlisted the services of an independent, third-party vendor to test air samples for 36 PFAS compounds. Another third-party vendor analyzed well water and treated motive water samples for PFAS, as well as analyzing samples of spent carbon, reactivated carbon, abatement dust, and bicarbonate raw material for extraction and targeted PFAS.

Since creating the first activated carbon products from bituminous coal in the 1940s, Calgon Carbon has been a pioneer in developing high-performing granular activated carbon products for water purification.

Jenalle Brewer, Senior Vice President – Drinking Water, Innovative Carbon Tech & Global Business at Calgon Carbon said, “PFAS is portrayed in the media as a relatively recent problem. However, we’ve been offering treatment solutions for PFAS for more than 20 years. Our FILTRASORB activated carbon products help to ensure that ‘forever chemicals’ are forever no more. It’s a problem people thought they had to live with, but as our study has proven, they really don’t.”

To learn more about Calgon Carbon’s study and the FILTRASORB product, visit NoMorePFAS.com.

About Calgon Carbon
Calgon Carbon, a wholly-owned subsidiary of Kuraray Co., Ltd. (TYO: 3405) (Kuraray), is a global leader in the manufacture and/or distribution of innovative coal-, wood- and coconut-based activated carbon products – in granular, powdered, pelletized and cloth form – to meet the most challenging purification demands of customers throughout the world. Calgon Carbon provides purification solutions for more than 700 distinct applications, including drinking water, wastewater, pollution abatement, and a variety of industrial and commercial manufacturing processes. Headquartered in Pittsburgh, Pennsylvania, Calgon Carbon employs approximately 1640 people and operates 20 manufacturing, reactivation, innovation and equipment fabrication facilities in the U.S., Asia, and in Europe, where Calgon Carbon is known as Chemviron. Calgon Carbon was acquired by Kuraray in March of 2018.  With complementary products and services, the combined organization will continue to focus on providing the highest quality and most innovative activated carbon and filtration media products, equipment, and services to meet

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Amanda Lofty
Calgon Carbon Corporation
724-541-2658
amanda.lofty@kuraray.com

GlobeNewswire Distribution ID 8709420

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Sweegen announces growth capital investments and manufacturing partnership ahead of Food Ingredients Europe 2022

Momentum from global regulatory approvals and customers’ product launches drives strong valuation and investment demand.

Rancho Santa Margarita, Calif., Dec. 05, 2022 (GLOBE NEWSWIRE) — Sweegen announced its strategic investment and partnership snapshot ahead of the FI Europe 2022, where it will exhibit zero sugar solutions in immersive food experiences, displaying consumers’ favorite foods and beverages with zero sugar solutions in Paris, France, Dec. 6-8.

In the wake of the 2022 company developments of major customer launches, a growing global footprint, and regulatory approvals on its sweeteners and stevia technology, Sweegen is attracting major partners and moving forward with additional growth capital raised from current shareholders, Pasaca Capital and Sumitomo Chemical Co. (Sumitomo), reaching the “unicorn” status.

“Our growth is meaningful in the world of sweetener innovation as we are bringing wellness solutions to food and beverage brands and consumers in new global regions where sugar reduction is not only a major health trend and need but also a movement for a wellness lifestyle,” said CEO Steven Chen. “We’re grateful that these shareholders continue to have confidence in our vision to open new markets with our global regulatory plans and explore exciting wellness technologies for food and beverages.”

Largest CPG Companies as Customers

Sweegen’s Signature Bestevia® Reb M was the first new-generation stevia technology to receive approval from the European Food and Safety Authority (EFSA).

This landmark approval in 2021, combined with the approval of the regulatory framework for steviol glycosides by the international food safety authority CODEX in 2022, is opening new markets and creating significant opportunities for Sweegen’s customers to launch new products.

The world’s largest food and beverage producers, including top brands for beverage (non-alcoholic and alcoholic), condiment, dairy, and plant-based products, have entered into commitments, contracts, and purchase orders with Sweegen.

Manufacturing Alliance

With Sumitomo, Sweegen entered into a strategic alliance in which Sumitomo will contribute one of its manufacturing factories in Asia to a joint venture between the two companies.

Sumitomo will assist in quality assurance and quality control at both the Asian facility and Sweegen’s manufacturing site in Europe.

“Our manufacturing alliance with an exceptional partner like Sumitomo gives Sweegen’s customers the added security and benefit of multiple production facilities and is expected to accelerate Sweegen’s market penetration greatly,” said Chen.

New Technologies

In addition to the industry’s widest range of non-GMO better, tasting Signature stevia ingredients, Sweegen is introducing more advanced sugar-reducing products, such as the sweet proteins Ultratia™ brazzein and thaumatin.

Sweegen’s disruptive peptide technology enables industrial-scale production of brazzein for great cost savings to CPG customers. The commercialization of brazzein has already begun, and Sweegen anticipates a first regulatory approval for the product in 2023.

Thaumatin is 100,000 times sweeter than sugar on a molar basis. The high sweetness factor can translate into a strategic, cost-effective sugar reduction solution for brands seeking to get the most out of natural sweeteners. Sweegen has recently announced the successful scale-up production of these high-intensity sweeteners, and the company expects to receive regulatory approval in the near future.

The Market

The global sugar market is currently at $160 billion. Many global food and beverage companies are currently incorporating Sweegen’s products to replace artificial sweeteners, reduce sugar, and launch branded products containing these Sweegen products.

Contacts at FIE

At the FI Europe 2022 trade fair in Paris, Sweegen’s booth will be at Stand #7.1D20, where Sweegen’s management and global food and beverage applications teams will welcome all food and ingredient customers and business partners.

About Sweegen

Sweegen provides sweet-taste solutions for food and beverage manufacturers around the world.

We are on a mission to reduce sugar and artificial sweeteners in the global diet. Partnering with customers, we create delicious zero-sugar products that consumers love. With the best modern sweeteners in our portfolio, such as Bestevia® Rebs B, D, E, I, M, and N, and sweet proteins brazzein and thaumatin, along with our deep knowledge of flavor modulators and texturants, Sweegen delivers market-leading solutions that customers want, and consumers prefer. Well. Into the Future.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. Sweegen’s actual results may differ from the estimates, assumptions, and other illustrative material contained herein, and consequently, a reader should not rely on these forward-looking statements as predictions of future events. These forward-looking statements include, without limitation, illustrative information regarding Sweegen’s bottom-up assumed market potential, assumed hit rate, and the resulting revenue based on these model inputs. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Industry, Market, and Other Data
In this press release, we rely on and refer to information and statistics regarding market participants in the sectors in which Sweegen competes and other data. We obtained this information and statistics from our own internal estimates and third-party sources, including reports by market research firms and company filings. We do not expressly refer to these sources. All of this information involves a number of assumptions and limitations, and the sources of such information cannot guarantee the accuracy or completeness of such information. The industry in which Sweegen operates is subject to a high degree of uncertainty and risk due to a variety of important factors, any of which could cause results to differ materially from those expressed in the estimates made by Sweegen or third parties.

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Ana Arakelian, Head of Public Relations and Communications

Sweegen
+1.949.709.0583

GlobeNewswire Distribution ID 8708571

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Tusk Limited Announces the Market’s Largest Deal

LONDON, Dec. 05, 2022 (GLOBE NEWSWIRE) — Tusk Inc Limited (tusklimited.com), one of the world’s leading manufacturers of solar modules and complete solutions, recently launched new products such as the T.640 Solar Unit, T.150 Solar Panel with Crypto miner (complete), T.640 Solar panel with Crypto Miner, and so on. And these have piqued the interest of industry professionals. The reason is simple. Power consumption for crypto mining can be burdensome. This new technology platform is the result of feedbacks from miners and has been met with development and testing, hence this announcement.

Charging speed, battery life, security guarantees, and user experience have all improved over previous innovations. The T.640 Solar Panel Kit is compatible with a wide range of devices, tools, equipment, home and electronic industries, including cryptocurrency miners and provides security, long backup, and other areas, regarding power supply.

Tusk Inc has tested the efficiency of combining their solar products with cryptocurrency miners over time with their recent transition from polycrystalline to photovoltaic materials, and this has proven to be the most effective. Tusk Inc investors can now mine their coins with ease and maximum profit.

You do not have to worry about electricity, which has been a major issue for miners. There is 5-10 years guarantee on the panels, ensuring that they can be used for a longer period of time while you still make money from mining. This is the combination of good products.

About Tusk
Established in 2012 by team of management experts, and later joined by a team of technology experts, Tusk Inc. is now one of the leading electrical solution providers. They pride themselves also in their ability to manage risk effectively, since they have been in the business of managing risks for over a decade. And through several advancements in technology, they have incorporated less risky ventures into the Risk Management system, one of which is cryptocurrency mining, using photovoltaic materials.

PR Manager
John Walls
john@tusklimited.com
(+44)7451214344

GlobeNewswire Distribution ID 1000770519