Category: 3. Business

  • Boeing Delivers Next-Generation O3b mPOWER Satellites to SES

    Boeing Delivers Next-Generation O3b mPOWER Satellites to SES

    – Satellite pair to join the first eight satellites in space where they will enhance global coverage and network capacity
    – Equipped with advanced technology that intelligently adapts to user demands, O3b mPOWER satellites offer seamless connectivity across the globe

    EL SEGUNDO, Calif., July 2, 2025 /PRNewswire/ — Boeing [NYSE: BA] has successfully delivered the 9th and 10th O3b mPOWER satellites to content and network provider SES, advancing the company’s effort to provide global connectivity from space. The satellites, which feature Boeing’s fully software-defined payload technology to actively allot power to meet user needs, are en route to Kennedy Space Center, Fla. for a planned launch this summer.

    “The O3b mPOWER spacecraft are the most capable and flexible commercial satellites to ever operate in space,” said Michelle Parker, vice president, Boeing Space Mission Systems. “Many of us have tried to connect from an airplane or cruise ship and found the connection unreliable. Our software-defined payload technology allows SES to deliver high-speed, reliable connectivity, adapting in real-time to user demand. It’s a game changer, and the first eight satellites are showing users just how incredible this technology is.”

    The O3b mPOWER system, SES’s second-generation constellation operating in medium Earth orbit (MEO, approximately 8,000 km from Earths’ surface), is designed to transform industries with terabit-level capacity, low latency, and unmatched service availability. These two spacecraft will join the first eight satellites already on orbit, further enhancing SES’s ability to deliver high-speed, reliable connectivity to its users.

    Boeing teams are working closely with SES to prepare the 9th and 10th satellites for launch this summer, while Boeing team members continue production on an additional three O3b mPOWER satellites to support SES’s launch plans.

    “We’re very pleased to see just how well our first-of-its-kind technology is performing in space, as we continue to iterate and evolve it for other customers and missions,” said Parker.

    The underlying payload technology flying aboard O3b mPOWER is also being hardened for military use aboard the Wideband Global SATCOM (WGS)-11 and WGS-12 satellites Boeing is building for the United States Space Force. Boeing’s proven software-defined technology allows for more secure and reliable connectivity, even in a contested environment.

    A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

    Contact

    Zeyad Maasarani
    Boeing Communications
    +1-562-400-5533
    zeyad.maasarani@boeing.com 

    Boeing Media Relations
    media@boeing.com

    Suzanne Ong
    SES External Communications
    +352 710 725 500
    suzanne.ong@ses.com 

    SOURCE Boeing

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  • Satellite backed by Google, Bezos and Musk to track methane is lost in space – Financial Times

    Satellite backed by Google, Bezos and Musk to track methane is lost in space – Financial Times

    1. Satellite backed by Google, Bezos and Musk to track methane is lost in space  Financial Times
    2. Methane-tracking satellite backed by Bezos lost in space  Dawn
    3. Satellite tracking oil and gas emissions goes dark  E&E News by POLITICO
    4. Bezos-backed $88m methane-tracking satellite lost in space  The Express Tribune
    5. Taxpayer funded satellite likely “irrecoverable” after losing contact with the ground  RNZ

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  • Boeing Company – Boeing Delivers Next-Generation O3b mPOWER Satellites to SES

    Boeing Company – Boeing Delivers Next-Generation O3b mPOWER Satellites to SES

    – Satellite pair to join the first eight satellites in space where they will enhance global coverage and network capacity

    – Equipped with advanced technology that intelligently adapts to user demands, O3b mPOWER satellites offer seamless connectivity across the globe

    EL SEGUNDO, Calif., July 2, 2025 /PRNewswire/ — Boeing [NYSE: BA] has successfully delivered the 9th and 10th O3b mPOWER satellites to content and network provider SES, advancing the company’s effort to provide global connectivity from space. The satellites, which feature Boeing’s fully software-defined payload technology to actively allot power to meet user needs, are en route to Kennedy Space Center, Fla. for a planned launch this summer.

    “The O3b mPOWER spacecraft are the most capable and flexible commercial satellites to ever operate in space,” said Michelle Parker, vice president, Boeing Space Mission Systems. “Many of us have tried to connect from an airplane or cruise ship and found the connection unreliable. Our software-defined payload technology allows SES to deliver high-speed, reliable connectivity, adapting in real-time to user demand. It’s a game changer, and the first eight satellites are showing users just how incredible this technology is.”

    The O3b mPOWER system, SES’s second-generation constellation operating in medium Earth orbit (MEO, approximately 8,000 km from Earths’ surface), is designed to transform industries with terabit-level capacity, low latency, and unmatched service availability. These two spacecraft will join the first eight satellites already on orbit, further enhancing SES’s ability to deliver high-speed, reliable connectivity to its users.

    Boeing teams are working closely with SES to prepare the 9th and 10th satellites for launch this summer, while Boeing team members continue production on an additional three O3b mPOWER satellites to support SES’s launch plans.

    “We’re very pleased to see just how well our first-of-its-kind technology is performing in space, as we continue to iterate and evolve it for other customers and missions,” said Parker.

    The underlying payload technology flying aboard O3b mPOWER is also being hardened for military use aboard the Wideband Global SATCOM (WGS)-11 and WGS-12 satellites Boeing is building for the United States Space Force. Boeing’s proven software-defined technology allows for more secure and reliable connectivity, even in a contested environment.

    A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

    Contact

    Zeyad Maasarani
    Boeing Communications
    +1-562-400-5533
    [email protected] 

    Boeing Media Relations
    [email protected]

    Suzanne Ong
    SES External Communications
    +352 710 725 500
    [email protected] 

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/boeing-delivers-next-generation-o3b-mpower-satellites-to-ses-302496489.html

    SOURCE Boeing

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  • Wabtec Announces Second Quarter 2025 Earnings Release Date

    Wabtec Announces Second Quarter 2025 Earnings Release Date

    Transportation solutions that revolutionize the way the world moves

    At Wabtec, we help our customers overcome their toughest challenges by delivering rail and industrial solutions that improve safety, efficiency and productivity.

    Wabtec Corporation

    30 Isabella Street
    Pittsburgh, PA 15212 – USA
    Phone: 412-825-1000
    Fax: 412-825-1019

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  • Sandvik wins major mining equipment order in Mongolia

    Sandvik has received a major underground mining equipment order from Oyu Tolgoi LLC, to be used at the Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi Desert. The order is valued at approximately SEK 270 million and was booked in the second quarter, 2025.

    The order includes loaders and trucks, and deliveries are expected to begin in October 2025 and continue through November 2026. Oyu Tolgoi, one of the world’s largest known copper-gold deposits, is jointly owned by Rio Tinto and the Government of Mongolia.

    Sandvik loaders and trucks have consistently delivered industry-leading performance for Oyu Tolgoi, and we are very pleased to be able to continue to support safety, productivity and cost efficiency in the mining operations,” says Mats Eriksson, President of business area Mining.

    Stockholm, July 2, 2025
    Sandvik AB

    For further information, contact Louise Tjeder, VP Investor relations, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, phone: +46 (0) 70721 1008

    Sandvik wins major mining equipment order in Mongolia (PDF)

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  • Despite ad bans, young children frequently see junk food promotions on YouTube and YouTube Kids

    Despite ad bans, young children frequently see junk food promotions on YouTube and YouTube Kids

    There’s a new star in your child’s favorite YouTube videos: junk food. 

    Messages promoting candy, sugar-sweetened drinks, fast food, and sweet or salty snacks brands frequently appear during videos viewed by 3- to -8-year-olds on YouTube and YouTube Kids, according to a new paper from researchers at the UConn Rudd Center for Food Policy and Health.  

    This is the first study to measure young (ages 3 to 8) children’s actual exposure to food brands while watching YouTube or YouTube Kids videos of their own choice on their own mobile devices. To mimic their typical video viewing habits, 101 children used their own mobile devices to watch videos on the YouTube platform of their choice, YouTube or YouTube Kids, for 30 minutes in their own homes. 

    The study’s findings, published in the Journal of the Academy of Nutrition and Dietetics, found that 75% of 6- to 8-year-olds and 36% of 3- to 5-year-olds viewed promotions for unhealthy food and beverage brands, averaging 7 such messages during 30 minutes of video watching. Moreover, some 6- to 8-year-olds saw alcohol ads while watching YouTube videos.  

    The majority of food brand appearances (73%) promoted candy, sugar-sweetened drinks, fast food or other restaurants, and sweet or salty snacks. Healthy products (including water, plain milk, 100% juice) made up just 3% of appearances. Food and beverage brands appeared more often when children watched YouTube (60%) compared to YouTube Kids (36%). 

    “More than half of food brands in these videos came from companies that participate in the Children’s Food and Beverage Advertising Initiative, a U.S. food industry self-regulatory program,” says Jennifer Harris, Ph.D., Senior Research Advisor at the Rudd Center. “Despite these companies’ pledges to only advertise healthier choices to children, child-influencers frequently promoted their brands, including candy, sugary drinks and sweet and salty snacks.” 

    Children viewed food brand promotions while watching YouTube videos during video previews (i.e., thumbnails), accounting for 23% of brand appearances, and ads, accounting for 17%. However, more than 60% of food brand appearances were embedded within the video content. Lifestyle videos, primarily influencer videos, contributed 77% of these appearances and most (71%) showed the influencer or another character consuming or preparing to consume the product.

    The FTC has called on companies and social media influencers to discontinue these common stealth marketing practices that blur the line between entertainment and advertising, especially when aimed at young children. 

    “Very young children are being bombarded with unhealthy product promotion on YouTube and YouTube Kids, frequently embedded in their favorite videos as props or part of the storyline, which disguises persuasive intent,” says Frances Fleming-Milici, Ph.D., the study’s lead author and Director of Marketing Initiatives at the Rudd Center. “As children as young as age 3 spend more and more time on these platforms, policies must be enacted to protect them from this stealth marketing of products that harm their health.”  

    Currently, Google, YouTube’s parent company, bans food and beverage advertising on YouTube Kids and during “made-for-kids” videos (a subset of videos designated for children under age 13). However, over one-third of 3- to 8-year-olds who watched YouTube Kids, a channel specifically created for children, viewed food brand appearances embedded in videos and thumbnail images. Moreover, brand appearances in “made-for-kids” videos on the main YouTube platform contributed most of 3- to- 5-year-olds’ total branded food exposures. Therefore, watching YouTube Kids or “made-for-kids” videos does not protect children from exposure to stealth marketing promoting unhealthy food brands.

    In addition, not one video embedded with a food or beverage brand disclosed food company-sponsored content, as required by the U.S. Federal Trade Commission.

     

    To stay connected with the UConn Rudd Center’s work, you can follow them on social media and subscribe to their mailing list. 

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  • FTI Consulting to Release Second Quarter 2025 Results and Host Conference Call

    FTI Consulting to Release Second Quarter 2025 Results and Host Conference Call

    WASHINGTON, July 02, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the second quarter ended June 30, 2025 before the New York market opens on Thursday, July 24, 2025.

    A conference call will be held to discuss these financial results on Thursday, July 24, 2025, at 9:00 a.m. Eastern Time and will be hosted by senior management.

    The conference call will be simulcast live on the Internet and can be accessed by logging onto the Company’s investor relations website. A replay of the webcast will be available on the Company’s investor relations website for 90 days.

    About FTI Consulting
    FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at www.fticonsulting.com.

    FTI Consulting, Inc. 
    555 12th Street NW
    Washington, DC 20004
    +1.202.312.9100

    Investor Contact: Mollie Hawkes+1.617.747.1791
    mollie.hawkes@fticonsulting.com

    Primary Logo


    Source: FTI Consulting, Inc.

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  • Sabadell's CEO says sale of TSB would complicate BBVA's bid for lender – Reuters

    1. Sabadell’s CEO says sale of TSB would complicate BBVA’s bid for lender  Reuters
    2. Santander doubles down on UK presence amid Spain’s banking M&A turmoil  CNBC
    3. Major British bank with five million customers set to be sold to high street rival after days of speculation  The Sun
    4. Banco Sabadell rises after it agrees to sell British unit  TradingView
    5. TSB brand could disappear from high streets in £2.65bn Santander takeover deal  The Independent

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  • Ireland’s renewable transport fuel policy provides some clarity for providers and investors

    Ireland’s renewable transport fuel policy provides some clarity for providers and investors

    Garrett Monaghan and Shani Stallard, energy experts at Pinsent Masons, were commenting after the Irish government published its renewable transport fuel policy 2025-27 (27 pages/1 MB PDF), a strategic plan to cut emissions from petrol and diesel vehicles by increasing the use of renewable fuels across the transport sector. The policy, published by the Department of Transport, is part of Ireland’s efforts to meet its national EU climate targets by 2030.

    The policy includes the renewable transport fuel obligation (RTFO), a legal requirement for fuel suppliers to blend a certain percentage of renewable fuels into their products. Under the new plans, this obligation will increase every year, with aims to ensure a steady rise in the share of renewables in Ireland’s fuel mix.

    The new policy sets out how Ireland will reduce the environmental impact of road, rail, and public transport by blending more biofuels and other renewable alternatives into traditional fossil fuels. It also introduces a series of reforms to accelerate the transition to cleaner transport while supporting the country’s climate action plans and the EU Renewable Energy Directive. 

    While electric vehicles (EVs) are central to Ireland’s long-term climate strategy, the government acknowledges that widespread EV adoption will take time. In the meantime, the government is urging the use of biofuels made from plants, waste, or residues in the vehicles already on the roads.

    Monaghan said: “Using biofuels in our existing vehicles is a quick and cost-effective way to cut emissions right now. It acts as a bridge while cleaner technologies, like electric cars, are being scaled up – meaning we can start lowering transport emissions immediately without waiting for everyone to switch to electric vehicles. That said, we need to always prioritise the importance of a cohesive renewables policy across the lesser developed areas of heat and transport. The government needs to accelerate the publication and delivery of the renewable heat obligation scheme for renewable gas.”

    From 2026, the RTFO will expand to include fuels used in rail transport and will also begin awarding credits for renewable electricity used to charge EVs at public charging points.

    Further, the policy places a strong emphasis on advanced biofuels – those made from waste products or non-food sources – and renewable fuels of non-biological origin, such as green hydrogen and synthetic e-fuels. These ‘next generation’ fuels are seen as essential for decarbonising sectors that are harder to electrify, such as heavy goods vehicles and aviation. By 2027, a growing portion of the RTFO target must be met using these advanced fuels.

    The policy comes with a detailed 19-point action plan, with deadlines between 2025 and 2027 to make sure all goals are achieved. For example, new laws will be passed in the second half of this year to enforce higher blend rates, include rail fuels in the obligation, and give credits for EV charging. There will also be support for industry guidance to improve the quality of fuel application and reduce processing delays as well as quarterly publication of performance data in a bid to ensure transparency and accountability.

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  • Opening Open Innovation Lab at UMC Utrecht

    Opening Open Innovation Lab at UMC Utrecht

    A collaborative ecosystem driving real-world innovation in cancer care

     

    IMAGINE is designed as an open innovation lab, enabling clinicians, mathematicians, AI developers, imaging scientists, engineers, design experts and medtech companies to collaborate on real-world challenges. By working within a hospital environment, the consortium ensures that innovations are informed by real patient needs and can be safely and rapidly translated into practice.

    The IMAGINE consortium unites a comprehensive group of partners from across the healthcare innovation ecosystem:
     

    • Academic and Research Institutions: UMC Utrecht, Antoni van Leeuwenhoek Hospital/Netherlands Cancer Institute, Radboudumc, Catharina Hospital, Eindhoven University of Technology, Utrecht University and its incubator UtrechtInc, and the National Research Institute for Mathematics and Computer Science (CWI).
    • Industry Partners: Philips, Elekta, KALCIO Healthcare, and Tesla Dynamic Coils.
    • Educational Institutions: Fontys University of Applied Sciences, University of Applied Sciences Utrecht, and The Hague University of Applied Sciences.


    Together, these partners are advancing the development, validation, and clinical implementation of image-guided technologies to improve cancer care and future-proof the healthcare system.

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