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Elbit Systems Awarded an Approximately $600 Million Contract to Supply Systems for the Redback IFV Under the Australian Land 400 Phase 3 Project

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HAIFA, Israel, Feb. 26, 2024 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”), announced today, following its announcement from August 16, 2023, that it was awarded a contract worth approximately $600 million to supply systems to Hanwha Defense Australia for the Australian Land 400 Phase 3 Project. This project aims to deliver advanced protection, fighting capabilities and sensors suite to the Redback Infantry Fighting Vehicles (IFV) for the Australian Army. The contract will be performed over a period of five years.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “This milestone reaffirms our commitment to delivering advanced, mission-critical solutions to the Australian Army. Elbit Systems is dedicated to supplying cutting-edge defense technologies that will safeguard troops on the modern battlefield.”

About Elbit Systems

Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.

For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact:

Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Rami Myerson, VP, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com

Dalia Bodinger, VP, Communication & Brand
Tel: 972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others including the duration and scope of the current war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

Logo: https://mma.prnewswire.com/media/2017806/Elbit_Systems_Logo.jpg

 

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SOURCE Elbit Systems Ltd.

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Ganzin Unveils Revolutionary AURORA IIS Eye-Tracking Solution at CES 2025

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Ganzin will announce AURORA IIS solution in CES 2025, which is a new NPU eye-tracking solution, that only composed of one NPU, two eye sensors, and two IR LEDs. The host could receive eye-tracking results from the NPU directly without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.The NPU’s dimension is just 2.3 x 5.6 mm, the eye sensor’s dimension is 1.6 x 1.6 x 2.3mm, and the IR LED’s dimension is 1 x 0.5 x 0.45mm.DPVR, a leading Chinese VR brand, is set to announce its new standalone VR model, the P2 Vision. The device features advanced eye-tracking technology, powered by the Ganzin AURORA IIS solution.P2 Vision is orderable since CES 2025. You are welcome to visit DPVR booth to experience P2 Vision and Ganzin eye tracking performance at LVCC, Central Hall – 15945.

TAIPEI, Dec. 27, 2024 /PRNewswire/ — Ganzin, a pioneer in glint-free wearable eye-tracking technology provider, is proud to announce the launch of its groundbreaking AURORA IIS solution at CES 2025. This cutting-edge system redefines simplicity and performance in eye-tracking, requiring only one compact NPU, two eye sensors, and two IR LEDs to deliver real-time eye-tracking results to the host device without any computational burden. It is an ideal eye-tracking solution for AR and AI smartglasses.

The NPU, with an ultra-compact size of just 2.3 x 5.6 mm, is purpose-built for AI/AR glasses, and VR headsets. The accompanying eye sensors measure a mere 1.6 x 1.6 x 2.3 mm, while the IR LEDs are 1 x 0.5 x 0.45 mm. The entire AURORA IIS solution weighs less than 1 gram and consumes under 100 mW of power, delivering exceptional efficiency for next-generation wearable devices.

In a major collaboration, DPVR, one of China’s most prominent VR brands, will debut its latest standalone VR model, the P2 Vision, at CES 2025. The P2 Vision incorporates Ganzin’s AURORA IIS solution, enabling precise, real-time eye-tracking capabilities that enhance user interaction, gaze-based control, and immersive experiences.

Visitors to CES 2025 are invited to experience the P2 Vision and Ganzin’s innovative eye-tracking technology in action. Live demonstrations will be held at the DPVR booth (LVCC, Central Hall – 15945), where attendees can get a hands-on look at the future of VR interaction. The P2 Vision will also be available for order starting at CES 2025, marking a new era for VR accessibility and functionality.

“The AURORA IIS marks a major breakthrough in eye-tracking technology,” said Dr. Shao-Yi Chien, CEO of Ganzin. “Our ultra-compact, energy-efficient solution is tailored to meet the demands of VR, AR, and wearable device manufacturers. We also offer flexible customization of eye camera placement to integrate with our clients’ industrial design (ID) requirements.”

Ganzin will have a private suite at the Westgate Hotel during CES 2025. To learn more about our AURORA IIS solution or to schedule a private demonstration, please reach out to our contact listed below.

Media Contact: Martin Lin
Business Development Manager
Ganzin Technology Co., Ltd.
Email: martin.lin@gnainz.com.tw 

About Ganzin

Ganzin is a global leader in eye-tracking technology, delivering advanced, compact, and energy-efficient solutions for next-generation wearable and immersive devices. The company’s vision is to make human-machine interaction more intuitive and accessible to everyone, enabling smarter and more responsive user experiences for consumers.

About DPVR

DPVR is a leading virtual reality technology company based in China, renowned for its development of user-friendly, high-performance VR headsets. Committed to bringing immersive experiences to the masses, DPVR continues to push the boundaries of VR technology and innovation.

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SOURCE Ganzin Technology

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Eddid Financial Partners with HKBU for the Third Consecutive Year to Establish 10th Anniversary Scholarship

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HONG KONG, Dec. 27, 2024 /PRNewswire/ — Building on successful collaborations with the School of Oriental and African Studies (“SOAS”) at the University of London, Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, and City University of Hong Kong, Eddid Financial (the “Group”) announces its partnership with Hong Kong Baptist University (“HKBU”). The Group and HKBU have, together, established the “Eddid Financial 10th Anniversary Scholarship” for the 2024/25 academic year to recognize students who excel academically and contribute outstandingly to social service.

Over the past three years, the Group has engaged in various initiatives with HKBU, including the establishment of social service scholarships, fintech research projects, and internship programs. As Edidd Financial approaches its 10th anniversary in 2025, this new scholarship underscores their commitment to deepening collaboration. This “Eddid Financial 10th Anniversary Scholarship” will reward third-year undergraduate students from the business school who demonstrate academic excellence and a dedication to community service, inspiring more students to strive for success while giving back to society.

The Group is deeply committed to nurturing the next generation of talent and looks forward to supporting those who pursue excellence and are passionate about serving the community in the future academic year. Eddid Financial will also maintain close communication and collaboration with HKBU to support its teaching and research efforts, contributing to sustainable development in society.

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating cutting-edge artificial intelligence technologies and other latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and virtual assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.

Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered broker dealer with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States.

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SOURCE Eddid Financial

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JinkoSolar Announces Results of 2024 Annual General Meeting

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SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company’s 2024 annual general meeting held today were duly passed. Specifically, the Company’s shareholders passed the following resolutions approving:

The re-election of Mr. Xianhua Li as a director of the Company;The re-election of Mr. Steven Markscheid as a director of the Company;The ratification of the appointment of Mr. Gang Chu as an independent director of the Company and the re-election of him as an independent director of the Company;The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2024;The authorization of the directors of the Company to determine the remuneration of the auditors of the Company; andThe authorization of each of the directors of the Company be authorized to take any and all action that might be necessary to effect the foregoing resolutions 1 to 5 as such director, in his or her absolute discretion, thinks fit.

 About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had over 10 productions facilities globally, over 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams  in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2024. To find out more, please see: www.jinkosolar.com

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com 

Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com  

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-announces-results-of-2024-annual-general-meeting-302339506.html

SOURCE JinkoSolar Holding Co., Ltd.

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