JUNIPER RESEARCH: EV CHARGING TO GENERATE $300 BILLION GLOBALLY BY 2027, AS SIEMENS RANKED MARKET LEADER

BASINGSTOKE, England, Feb 21 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has found revenue from EV (Electric Vehicle) charging will exceed $300 billion globally by 2027; up from $66 billion in 2023. The report, EV Charging: Key Opportunities, Regional Analysis & Market Forecasts 2023-2027, found fragmentation in charging networks is restricting EV adoption.

Chargers are overwhelmingly located in urban areas; leading to widespread range anxiety among potential drivers. This is coupled with the difficulty of accessing charging points via different apps and cards, as well as lack of standards for charging vehicles at the same rate. As such, EV charging networks must simplify access and work with local authorities to roll out chargers to a wider range of locations, or the EV market will struggle to accelerate.

For more insights, download our free whitepaper: Why EV Charging Infrastructure Is Surging

Siemens Tops Juniper Research Competitor Leaderboard

The research assessed leading EV charging vendors and evaluated them on a number of criteria, including depth and breadth of offerings, innovation and future prospects; providing extensive analysis of the competitive landscape in this dynamic market.

The Competitor Leaderboard ranked the three leading vendors as follows:

  1. Siemens
  2. ChargePoint
  3. ABB

Research author Jordan Rookes explained further: “Siemens demonstratesan intricate knowledge of the market; targeting currently underserved segments, particularly public transport and fleets. Competing vendors mustdiversify their portfolio away from just home and public chargers, and start targeting alternative high-growth market segments to maximise their market share.”

Charging Vendors Must Leverage Loyalty to Differentiate

The research also predicts by 2027, the total number of plug-in vehicles will surpass 137 million globally; up from 49 million in 2023. As this adoption grows, charging vendors must differentiate their services in a highly fragmented market. As such, it is important for EV charging vendors to target consumers as early as possible to build brand loyalty. Accordingly, vendors must develop strategic partnerships with automotive manufacturers, offering benefits such as discounted rates to encourage owners of certain EV brands to use their charging stations; helping EV charging vendors remain competitive.

Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.

EV Charging market research: https://www.juniperresearch.com/researchstore/sustainability-technology-iot/ev-charging-market-research-report

Download the whitepaper: https://www.juniperresearch.com/whitepapers/why-ev-charging-infrastructure-is-surging

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20230220005219/en/

Contact

Sam Smith, Press Relations
T: +44(0)1256 830002
E: sam.smith@juniperresearch.com

Source : Juniper Research

ASENSUS AND KARL STORZ TO MARKET THE INTELLIGENT SURGICAL UNIT AND CO-DEVELOP NEW VISION AND INSTRUMENT PLATFORMS

The Companies intend to collaborate on developing next-generation instrumentation and KARL STORZ intends to sell Asensus’ Intelligent Surgical Unit (ISU) as a standalone device

RESEARCH TRIANGLE PARK, N.C., Feb 17 (Bernama-GLOBE NEWSWIRE) — Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient to pioneer a new era of Performance-Guided Surgery™, today announced that the Company has entered into a Memorandum of Understanding (“MoU”) with KARL STORZ VentureONE Pte. Ltd. (“KARL STORZ”), a wholly owned subsidiary of KARL STORZ SE & Co. KG, a global leader in the medical technologies industry, especially in the area of endoscopes, medical instruments, and devices that offers state-of-the-art technology for minimally invasive procedures in virtually all surgical specialties. As a solution-oriented and innovative partner, the independent family-owned company is in close collaboration with surgeons and health care partners around the globe to enable them to perform at their very best every day to improve patients’ lives.

The definitive agreements to be developed under the MoU will include the following components:

o  KARL STORZ intends to market and sell Asensus’ Intelligent Surgical Unit™ (ISU™) as a standalone device together with their IMAGE1 S™ Imaging system and OR1™ integration solution.

o  The companies intend to work together on the integration of the ISU into KARL STORZ’s laparoscopic vision systems

o  The companies intend to jointly collaborate on developing next-generation instrumentation to be used with Asensus and KARL STORZ surgical platforms

The detailed terms are currently being negotiated, and definitive agreements will be finalized within 90 days.

“We are thrilled to announce this MoU with KARL STORZ, a leader in the field of advanced surgical visualization and instrumentation,” said Anthony Fernando, Asensus Surgical President and CEO. “By leveraging their extensive commercial network, their leading visualization systems and longtime instrumentation expertise, we can bring the tremendous value of augmented intelligence offered by the ISU to operating rooms around the world. Beyond the benefits of their commercial scale, the co-development of new instruments will combine two unique R&D teams at the forefront of their fields to ultimately deliver best in class instruments to surgeons.”

Stephan Abele, Managing Director of KARL STORZ VentureONE, highlights, “As a company, the focus of KARL STORZ has always been advancing the way minimally invasive procedures are performed. This partnership with Asensus is a natural fit as we share a vision for what digital surgery, and especially laparoscopy, could be in the future. We are very excited to bring the novel capabilities of the ISU to our customers, and look forward to working in tandem to bring innovative, patient-centric solutions to the market.”

About KARL STORZ SE & Co. KG

The medical technology company KARL STORZ SE & Co. KG was founded in 1945 in Tuttlingen, Germany, and is an international leader in the world of endoscopy. Now in its third generation, the family-owned company employs 8,300 people in 40 countries worldwide. The company portfolio includes more than 15,000 products for human and veterinary medicine. KARL STORZ SE & Co. KG stands for visionary design, precision craftsmanship and clinical effectiveness. Sales for the fiscal year 2021 amounted to 1.97 billion euros. Production sites are located in Germany, the USA, Switzerland and Estonia. Please find more information at: www.karlstorz.com

KARL STORZ VentureONE Pte. Ltd. is a fully owned subsidiary of KARL STORZ SE & Co. KG headquartered in Singapore with a business focus on robotic solutions, artificial intelligence, and virtual reality.

About Asensus Surgical, Inc.

Asensus Surgical, Inc. is digitizing the interface between the surgeon and patient to pioneer a new era of Performance-Guided Surgery by unlocking clinical intelligence for surgeons to enable consistently superior outcomes and a new standard of surgery. This builds upon the foundation of Digital Laparoscopy with the Senhance Surgical System powered by the Intelligent Surgical Unit (ISU) to increase surgeon control and reduce surgical variability. With the addition of machine vision, augmented intelligence, and deep learning capabilities throughout the surgical experience, we intend to holistically address the current clinical, cognitive and economic shortcomings that drive surgical outcomes and value-based healthcare. Learn more about Performance-Guided Surgery and Digital Laparoscopy with the Senhance Surgical System here: www.senhance.com. Now available for sale in the US, EU, Japan, Russia, and select other countries. For a complete list of indications for use, visit: www.senhance.com/indications. For more information, visit www.asensus.com.

Forward-Looking Statements

This press release includes statements relating to the MOU with KARL STORZ VentureONE. These statements and other statements regarding our future plans and goals constitute “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations and include whether the companies will be able to negotiate and finalize definitive agreements and whether the collaboration will be successful. For a discussion of the risks and uncertainties associated with the Company’s business, please review our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 28, 2022 and our other filings we make with the SEC. You are cautioned not to place undue reliance on these forward looking statements, which are based on our expectations as of the date of this press release and speak only as of the origination date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

INVESTOR CONTACT:

Mark Klausner or Mike Vallie,
443-213-0499
invest@asensus.com

MEDIA CONTACT | ASENSUS:

Isabella Rodriguez,
708-833-1572
CG Life
Email: irodriguez@cglife.com

MEDIA CONTACT | KARL STORZ:

Anja Ebert
KARL STORZ SE & Co. KG
Email: press@karlstorz.com

SOURCE : Asensus Surgical, Inc.

STEAM-ROLLING TO EXCELLENCE: MARY KAY EMPOWERS NEXT GENERATION WOMEN LEADERS

KUALA LUMPUR, Feb 14 (Bernama) — Mary Kay Inc, a global advocate for women’s empowerment and education, recently hosted a group of 25 young women for an educational, inspirational exploration of Women in science, technology, engineering, arts and mathematics (STEAM), in conjunction with International Day of Women and Girls in Science on Feb 11.

The group which attended the STEAM-themed summit was from Dallas Independent School District’s Young Women’s Preparatory Network (YWPN)/Irma Lerma Rangel Young Women’s Leadership School.

Its Chief Innovation Officer, Product and Science, Dr Lucy Gildea said Mary Kay was committed to empowering and inspiring the next generation of women to pursue their passions—because the future is STEAM.

“Women are underrepresented in the STEAM workforce, but we can narrow that gap by providing critical early learning opportunities and exposure for young women to seek out and explore STEAM careers of interest,” she said in a statement.

The high school-aged students spent the day at Mary Kay’s Richard R. Rogers Manufacturing/Research and Development (R&D) Center (R3) in Lewisville, Texas, United States, where they toured the state-of-the-art facility and learned about the different aspects of STEAM-related manufacturing processes in a complex, global beauty company.

Following the tour, students heard from a panel of female experts in their respective STEAM fields which consisted of experts in fields such as Upstream Innovation, Product Formulation, Information Technology, Product Research, Portfolio & Strategy Planning and Process Development.

YWPN is a non-profit agency that partners with public school districts across the state of Texas to operate the largest network of all-girl, public, college preparatory schools in the nation, in which the schools are located in struggling urban neighbourhoods and have a proven track record of academic achievement, high school graduate and college acceptance rates.

Mary Kay celebrates and encourages young women who are taking charge of their futures through leadership, innovation and determination to excel in STEAM fields.

By offering continued support to young women in STEAM fields, the company is continuing Mary Kay’s mission, which is to improve the lives of women everywhere.

— BERNAMA

LIAOCHENG CITY HAVING ESTABLISHED FRIENDLY AND COOPERATIVE RELATIONS WITH PORT VILA, THE CAPITAL OF VANUATU

LIAOCHENG, China, Feb. 13, 2023 /Xinhua-AsiaNet/–

Recently, Liaocheng City and Port Vila, the capital of the Republic of Vanuatu, held a signing ceremony for friendly cooperative relations with each other.
 
Li Minggang, Ambassador Extraordinary and Plenipotentiary of China to the Republic of Vanuatu, Chen Baiwei, Deputy Director of the Foreign Affairs Office of Shandong Provincial People’s Government, Steve Kiel, Mayor of Port Vila, Vanuatu, and Zhang Baishun, Deputy Secretary of the Liaocheng City Party Committee and Mayor, attended the online signing ceremony and delivered speeches respectively. Wang Gang, vice mayor of Liaocheng, presided over the signing ceremony.
 
At the ceremony, a promotional video of Liaocheng City was played, and Zhang Baishun and Steve Kiel signed the “City Agreement on Establishing Friendly and Cooperative Relations”, according to the Information Office of the People’s Government of Liaocheng.
 
Liaocheng City is located in the west of Shandong Province, China, with a total area of 8,628 square kilometers and a population of 6.5 million, with a long history, long water transportation, convenient transportation and complete industry, known as “Jiangbei Water City, Canal Ancient Capital” and “Venice of the East”, with many national city business cards such as national historical and cultural city, China’s excellent tourist city, national health city and so on. The Republic of Vanuatu is located in the west of South Pacific Ocean, and is a Melanesian archipelago. As the capital, Port Vila is the “charming capital” of the South Pacific, with convenient transportation and rich tourism and fishery resources.
 
The participants unanimously agreed that Liaocheng City and Port Vila City have obvious complementary advantages, great cooperation potential and bright prospects, and hoped that the two cities will take this signing as an opportunity to plan to establish a more all-round sister-city relationship and push the cooperation between the two places to a new height.
 
Source: Information Office of the People’s Government of Liaocheng

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MARY KAY SUPPORTS INNOVATIONS FOR MARINE MANAGERS TO PROTECT OCEANS

KUALA LUMPUR, Feb 9 (Bernama) — The Fifth International Marine Protected Area Congress (IMPAC5) which runs from Feb 3-9 in Vancouver, Canada, brings together ocean conservation managers and practitioners, global experts and high-level officials, to take a stand of protecting the oceans.

“Mary Kay is delighted to support The Nature Conservancy (TNC), in collaboration with the United Nations Environment Programme (UNEP) and other experts from around the world, in an effort to protect our world’s most precious assets: oceans.

“These organisations are on the frontlines of the fight to preserve our waterways, and we are hopeful that with our funding support, they will have the tools and resources needed to ensure our oceans are healthy for generations to come,” said Mary Kay Chief Operating Officer, Deborah Gibbins in a statement.

IMPAC5 is known as the preeminent conference for the exchange of knowledge within the global community of marine conservation managers, practitioners and decision makers.

It provides the opportunity to highlight the latest science and share experiences, and best practices to strengthen the conservation of marine biodiversity, and protect the natural and cultural heritage of the ocean.

A symposium at IMPAC5 titled “Innovations in Improving Marine Protected Areas (MPAs)” provided an exclusive preview of a new online platform for the planning and management of MPAs, guiding MPA planners and practitioners via practical approaches to addressing key challenges.

This symposium brought together voices from all sides of marine conservation, emphasising the importance of knowledge sharing to improve ocean management amongst stakeholders at every level.

Meanwhile, TNC Global Reefs Lead, Dr Lizzie McLeod said: “Harnessing lessons learned and best practices globally to achieve these ambitious targets in ocean management is a conservation priority including the co-creation of solutions with key partners.”

Marine managers are better able to tackle major threats facing marine ecosystems worldwide by leveraging scientific innovation and new technologies, and global best practices.

— BERNAMA