On March 2018, U.S. based consumer goods company Graco; a part of Newell Brands launched a new Graco Uno2Duo stroller for the growing families in order to create an accommodation for a second child. These strollers can carry one child and has extended 5-inches to add room for a standing platform or a second seat that allows another toddler to ride. The product has three or five point harness that adjusts with the child and a canopy shaped shade that protects the child for the sun.
In June 2018, Medivators (Cantel Medical Company) installed the state’s first Advantage Plus Pass-Thru automated endoscope reprocessor in Hennepin Healthcare sterile processing department and specialty center. ADVANTAGE PLUS Pass-Thru AER got FDA clearance in April 2018. Company expanded its product portfolio in the U.S for higher infection control along with enhanced workflow optimization.
According to the latest stats published by Motorola Solutions, Inc., the company registered stronger than expected second quarter profits on the back of continual demand for its land mobile radio products and inorganic growth through acquisitions in Americas, Europe, Middle East, and Africa. In July 2017, Motorola Solutions, Inc. along with four other manufacturers including Harris Corporation, EF Johnson, Relm Communications, and Icom America received a US$ 495 Mn contract to provide the U.S. army with Land Mobile Radio P25 subscriber unit radios, accessories, and ancillary services.
In August 2018, as a part of strategic development in North America region, Lagardère Travel Retail announced the signing of an agreement for the acquisition of 100% of Hojeij Branded Foods (HBF).This acquisition will be combined with Paradies Lagardère, the organization’s North American division. Combining the activities of Lagardère Travel Retail and Hojeij Branded Foods would create a US$ 1.1 Bn player, the third largest player in the North American Travel Retail and Foodservice industry.
On March 2018, Cobham plc. successfully launched the Sea Tel 9711 Triband maritime antenna system. The global communication company Viasat Inc. influences exclusive technology and competences of newly launched antenna system. Sea Tel 9711 Triband maritime antenna is among the world’s first and solitary 2.4m maritime stabilized antenna. Such advanced technology is capable of delivering variety of network band such as Ku band, C band and Ka band among others to enhance speed and quality of internet connectivity for commercial as well as government & defense maritime segments.
On 2nd July 2018, Ocugen launched Phase III trials for its OCU300 nanoemulsion intended for treatment against the symptoms of ocular graft versus host disease (oGVHD). Ocugen is a Malvern, Pennsylvania based company and possess a nanoemulsion formulation of brimonidine tartrate (OCU300) in its pipeline. The Company has also claimed that its first oGVHD ( therapy entering in Phase III clinical trial and its ophthalmic comorbidity impacts 60% of people who have an allogeneic bone marrow transplant.
In Aug 2018, Kodiak Emergency Vehicles (specializes in sales and service for ambulances and emergency equipment) joined Technimount System to expand its distribution network in the U.S. In March 2018 Technimount System has been granted an agreement by one of Canada’s major emergency medical service supplier that would see the supply of their compact Stretcher Safety Arms and medical devices for their 400 ambulances, representing to an agreement of around US$ 1 Mn.
During the Annual General Meeting 2018, Reliance Jio Infocomm Limited, an Indian mobile network operator, introduced its much awaited JioGigaFiber FTTH broadband service in India. The telecom operator made its first commercial debut in 2016. It has achieved nearly 215 Mn subscribers in its operation of 22 months, being the first operator to offer unlimited data at cheap prices while making local calls free across the country. Reliance Jio will install a FTTH service, bringing fiber optic cable line to the local home connection with minimum loss of speed during transmission from the exchange.
Komatsu Ltd, one of the leading construction equipment manufacturers, developed partnership with Chinese commercial drone manufacturer DJI to supply 1,000 drones. All these 1,000 drones use machine vision software developed by U.S. startup Skycatch. DJI also announced that order of 1,000 drones is its biggest single shipment for UAVs. This drones are semiautonomous DJI’s unmanned aerial vehicles (UAVs) that use machine vision technology to monitor and survey construction sites.
Overcoming a severe downturn in terms of sales and market value, farm tractors are all set to make a comeback with a bang. From mid-2017, farm tractors have shown a positive outlook towards the growth and are thoroughly encouraged by growing demand for agricultural products. Trend of mechanized farming coupled with government invigoration across developing agricultural economies across the globe is playing significant role in rejuvenating the global farm tractors market.
