STOCKHOLM: The world’s first electric hydrofoil ferry has begun operations, carrying passengers from the Stockholm suburb of Tappström to the city centre of Sweden’s capital.
Nova is the first of Candela’s new P-12 models to enter service. Its computer-controlled hydrofoil wings lift the hull above water, reducing energy consumption by 80 per cent compared to conventional vessels by cutting water friction.
Candela Chief Executive, Gustav Hasselskog said conventional ships haven’t evolved much in 100 years and are among the least energy-efficient transport modes.
“The challenge with conventional fast vessels is that they consume enormous amounts of energy at high speeds ploughing through the water. This makes electrification difficult, as their range is limited even with large batteries,” Mr Hasselskog said.
“Candela P-12’s hydrofoil technology is the key to address these challenges.”
He said Nova flies above the water rather than pushing through it like conventional vessels, so it creates minimal wake. As a result, the ferry is allowed to travel at high speeds within the city limits.
“Thanks to its hydrofoil technology, Nova is not only the fastest electric ferry in operation in the world but also the fastest in Stockholm’s public transport fleet, cruising at 25 knots — outpacing the diesel-powered V-class ferries that previously held the speed record,” Mr Hasselskog said.
“Nova also requires no costly dock infrastructure, charging instead at a regular car fast charger at the City Hall terminus”.
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Metakosmos upgrades its Kosmosuit
SYDNEY: Space technology company, Metakosmos has announced the Kernel360 — spacesuit telemetry software which is integrated into its Kosmosuit platform.
The development provides real-time data analytics, supporting critical missions in extreme environments.
Metakosmos has designed the Kernel360 to provide real-time performance diagnostics, enabling astronauts and operators to collect, analyse and act on crucial data during training sessions and live missions.
Chief Executive, Kiriti Rambhatla said the software went beyond traditional telemetry systems by incorporating predictive analytics.
“It helps anticipate suit-maintenance needs and optimises mission logistics. It adapts to various mission environments as a modular system, making it essential for space travel and operations in terrestrial, underwater, and atmospheric conditions,” Mr Rambhatla said.
“With the Kernel360, we are making space more accessible and cost-effective, while delivering advanced solutions to enhance safety and mission success."
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SPEE3D makes ground-breaking US sale
MELBOURNE: Metal additive manufacturing company, SPEE3D has announced the purchase of its WarpSPEE3D printer by Austal USA Advanced Technologies.
This purchase is especially significant as ship manufacturer, Austal USA is a leader in cutting-edge technology for defence and maritime applications and is spearheading the effort to revolutionise the United States Navy's supply chain through additive manufacturing.
Director of Advanced Technologies at Austal USA, Scott Kasen said utilising the SPEE3D system would provide additional capability for manufacturing traditionally cast parts.
Chief Executive of SPEE3D, Byron Kennedy said his company had worked successfully with the US Navy in the past and understood the unique challenges it faces with the need for manufacturing capabilities that were fast, reliable, and easily deployable.
“Our partnership with Austal USA furthers this commitment to meet the ever-changing manufacturing needs of maritime forces," Mr Kennedy said.
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Christie’s expands Australian presence
PERTH: Christie’s International Real Estate has partnered with a multinational agent team led by Shelley Scorer to launch its presence in Western Australia and South Australia.
The launches come amidst a surge of international homebuyers and investors seeking the two regions’ affordable luxury, natural beauty and quality of lifestyle.
As an affiliate of Christie’s International Real Estate, the new brokerage will offer its clients access to world-class marketing and a global network spanning nearly 50 countries and territories.
Regional Managing Director of Christie’s International Real Estate, Helena Moyas de Forton said the dual launch gave the company a presence on both coasts, joining existing affiliates in Sydney and Victoria.
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XPENG on the move into two listings
SHANGHAI: Chinese high technology car company, XPENG has secured places on both the Fortune Tech 50 and Fortune China 500 lists.
Fortune Tech 50 is an inaugural list by Fortune China that spotlights Chinese tech companies making a global impact.
XPENG was one of only two automotive companies to make the list, thanks to its pioneering AI-defined mobility technology, autonomous driving breakthroughs, and industry-leading AI model applications.
Fortune China praised XPENG for its edge in smart driving technology.
"XPENG is a formidable competitor in the sector as the race for dominance in autonomous driving intensifies,” it said.
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Qsic names head for Asia-Pacific sales
MELBOURNE: AI-powered in-store audio retail media platform, Qsic has appointed Brad Montgomery as its sales lead for their Asia-Pacific region.
Qsic powers in-store audio retail media networks for thousands of retailers and brands across the globe and is seeing increased demand as retailers look to expand retail media into the in-store experience.
Earlier this year, Qsic reported 220 per cent year-over-year growth, putting the company on track for its strongest result to date.
Mr Montgomery adds more than 15 years of industry experience in audio and out-of-home advertising to bolster Qsic’s sales team in the region.
An occasional round-up of international business stories