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Study by Fincantieri Unveils 40% Faster Welding and 60% Energy Savings With Dynamic Beam Lasers

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Innovative Collaboration Aims to Revolutionize Thick Section Welding in Shipbuilding

JERUSALEM, Sept. 26, 2024 /PRNewswire-PRWeb/ — Fincantieri S.p.A., a global leader in high-value ship construction, in collaboration with Castellini Officine Meccaniche S.p.A., a leader in the production of welding systems, announces the results of an extensive study utilizing Civan Lasers’ 28 kW Dynamic Beam Laser (DBL). This groundbreaking investigation reveals the tremendous potential of DBL technology to revolutionize welding processes for thick steel sections.

Remarkable Early Results of the Collaboration

40% Increase in Welding Speed: The introduction of DBL technology drastically accelerates the welding process, allowing Fincantieri to complete projects more efficiently.Reduction of Distortion and Heat-Affected Zone (HAZ): Pure laser welding transfers significantly less heat into the workpiece, minimizing distortion and substantially reducing the size of the HAZ, which leads to better mechanical properties.100% Increase in Weldable Thickness: DBLs can weld steel sections more than twice as thick as those handled by current methods, expanding possibilities for ship design and construction.60% Energy Reduction: DBL technology offers significant energy savings, reducing costs and supporting Fincantieri’s sustainability objectives.90% Reduction in Filler Material Usage: The need for costly filler materials has been nearly eliminated, drastically reducing production costs.Minimized Use of Protective Gases: The requirement for protective gases, a major cost factor in traditional welding, has been reduced to a minimum.

This research exemplifies how Civan’s DBLs can be seamlessly integrated into Fincantieri’s production processes, setting a new standard for welding thick steel sections and making shipbuilding faster, more efficient, and environmentally sustainable.

Dynamic Beam Lasers: A Breakthrough in Welding Technology for Thick Sections
DBL technology is revolutionizing the field of welding, offering solutions to some of the most challenging welding problems and unlocking new opportunities for industries. One of the most promising applications of DBL technology is in the welding of thick sections, where traditional methods fall short. Currently, the most advanced approach for thick section welding in shipyards is hybrid welding, which combines laser and MIG/MAG technologies. However, even this method faces significant limitations.

Dynamic Beam Lasers vs. Hybrid Welding: A Game-Changer for Thick Section Welding
While hybrid welding processes provide improvements over traditional arc welding, they still come with a range of challenges. These include high heat input, which can cause material distortion; reliance on consumables such as filler rods and protective gases; and the need for complex joint preparation through beveling.

Key Advantages of Dynamic Beam Lasers Over Hybrid Welding

1. Minimal Heat Input, Reduced Distortion, and Better Mechanical Properties
DBL technology introduces far less heat into the welding process compared to hybrid methods, resulting in significantly reduced distortion. This minimizes the need for large fixturing and mitigates the risk of misalignment, simplifying the process. Additionally, the smaller HAZ ensures superior mechanical properties in the welded material, enhancing the overall quality of the weld.

2. Higher Penetration Depth in a Single Pass
DBLs offer greater penetration depth, allowing thick materials to be welded in a single pass. In hybrid welding, a single-pass weld typically needs to be followed by multiple MIG or MAG passes to achieve the desired thickness. With DBL technology, it’s possible to reach up to 30 mm in a single pass, making it an ideal solution for welding thick steel plates, particularly in the shipbuilding industry.

3. No Preheating Required, Faster Process, and Lower Power Consumption
DBL technology reduces the need for preheating, which is often necessary in hybrid welding to ensure proper hardness when welding thick sections. By reducing this step, DBL technology speeds up the process and reduces energy consumption, making it both cost-effective and energy efficient.

About Civan Lasers
Civan Lasers is a global leader in laser welding solutions, specializing in the welding of thick sections. With a commitment to innovation and excellence, Civan Lasers delivers advanced laser systems that meet the evolving needs of industries worldwide.

Media Contact

Ami Spira, Civan Lasers, +972 2 651-3339, Ami.spira@civanlasers.com, https://www.civanlasers.com/

John Lewis, TECH B2B Marketing, 800-796-3081, john@techb2b.com, https://techb2b.com/

View original content to download multimedia:https://www.prweb.com/releases/study-by-fincantieri-unveils-40-faster-welding-and-60-energy-savings-with-dynamic-beam-lasers-302260232.html

SOURCE Civan Lasers

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Greenlane Renewables Announces Management and Board of Director Changes

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~Appointment of Stephanie Mason as CFO completes planned succession~

VANCOUVER, BC, Nov. 15, 2024 /CNW/ – Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN) (FSE: 52G) today announces the appointment of Stephanie Mason as Chief Financial Officer (“CFO”), effective January 13, 2025.

Ms. Mason brings over 15 years of experience to her new role as Greenlane’s CFO. Ms. Mason has been with Greenlane for over 4 years, most recently as Director of Finance following a promotion from Corporate Controller. Prior to working at Greenlane, Ms. Mason gained experience at other TSX-listed renewable energy companies managing teams responsible for financial reporting, regulatory compliance and other finance activities. Ms. Mason developed her strong accounting foundation at PricewaterhouseCoopers where she obtained her CPA, CA designation.

“We are excited to welcome Stephanie into the role of CFO,” said Brad Douville, CEO of Greenlane Renewables. “Stephanie brings a depth of expertise in finance, reporting, and operations and provides continuity in leadership at Greenlane. Transitioning overall financial leadership from Monty Balderston to Stephanie starting at the beginning of 2025 completes a planned succession as we continue to advance our strategic goals in the RNG space. During his tenure as CFO over the last couple of years, Monty has provided solid leadership of the finance function at Greenlane and played a pivotal role on the senior management team. I want to thank Monty for all of his contributions.”

“I am honored to become Greenlane’s CFO. This is an organization recognized for its commitment to sustainability and innovation,” stated Ms. Mason. “I look forward to contributing to the company’s financial reporting strength and supporting its growth objectives.”

Mr. Balderston will remain as CFO until voluntarily resigning effective January 13, 2025. Mr. Balderston will support the transition to Ms. Mason upon her appointment, following which he will leave the Company on January 24, 2025.

Further to the management update announced on August 23, 2024, Ian Kane will be completing his transitional role as President and will leave the Company on November 22, 2024 when he will step down from Greenlane’s Board of Directors. The Company wishes to thank Mr. Kane for all of his efforts in helping drive Greenlane’s business plan.

About Greenlane Renewables

Greenlane is driving change: accelerating the energy transition to a net-zero emissions economy. We are cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation. As a pioneer and leading specialist in biogas upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years. The systems we provide transform biogas generated from organic waste into high-value grid-ready renewable natural gas (“RNG”). Our systems produce clean, low-carbon and carbon-negative RNG from organic waste sources including agriculture (such as dairy and hog manure), water resource recovery facilities, food waste, landfills, and sugar mills. Greenlane is the only biogas upgrading company offering and actively deploying the three main upgrading technologies: waterwash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. Greenlane has delivered over 145 biogas upgrading systems into 19 countries, including some of the largest RNG production facilities in the world, and over 160 biogas desulfurization units. For further information, please visit www.greenlanerenewables.com.

SOURCE Greenlane Renewables Inc.

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Eastside Distilling, Inc. Announces Private Placement Offering

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Eastside Distilling, Bridgetown Spirits Corp., a consumer-focused beverage company that builds craft inspired experiential brands and Beeline Financial Holdings, Inc. (“Beeline”), a digital mortgage technology and lending company, announces the completion of a private placement offering (the “Offering”) with accredited investors, resulting in gross proceeds of $1,615,000.

PORTLAND, Ore. and PROVIDENCE, R.I. , Nov. 15, 2024 /PRNewswire-PRWeb/ — Eastside Distilling, Inc. (NASDAQ: EAST) (“Eastside” or the “Company”), a holding company for Bridgetown Spirits Corp., a consumer-focused beverage company that builds craft inspired experiential brands and for Beeline Financial Holdings, Inc. (“Beeline”), a digital mortgage technology and lending company, announces the completion of a private placement offering (the “Offering”) with accredited investors, resulting in gross proceeds of $1,615,000. Under the terms of a Securities Purchase Agreement, the Company sold $1,938,000 in original issue discount Senior Secured Notes (the “Notes”) and Pre-Funded Warrants to purchase 363,602 shares of Common Stock (the “Warrants”).

Joseph Gunnar & Co., LLC acted as the exclusive placement agent in connection with the Offering.

For an overview of the terms of the securities and transactions involved in the Offering, and copies of the forms of transaction documents entered into in connection therewith, please refer to the Company’s Current Report on Form 8-K filed on November 15, 2024 with the Securities and Exchange Commission. The Company plans to utilize the net proceeds for working capital and general corporate expenses, among other uses.

About Eastside Distilling

Eastside Distilling, Inc. (Nasdaq: EAST) is a producer of award-winning craft spirits, including whiskey, vodka, and rum. Founded in Portland, Oregon, Eastside is committed to quality, innovation, and sustainability, delivering exceptional products that reflect the spirit of the Pacific Northwest.

About Beeline Financial Holdings, Inc.

The Company recently closed on a merger with Beeline Financial Holdings, Inc. Beeline is a technology-driven mortgage lender offering a fully digital, AI-enhanced, platform that simplifies and accelerates the home financing process for homeowners and property investors. Based in Providence, RI, Beeline is dedicated to transforming the mortgage industry through innovative technology and customer-centric solutions.

Media Contact

Nick Luzza, BEELINE MORTGAGE , LLC Refinance, 1 4014184461 4014184461, nick@makeabeeline.com, https://www.eastsidedistilling.com/ 

View original content:https://www.prweb.com/releases/eastside-distilling-inc-announces-private-placement-offering-302306634.html

SOURCE BEELINE MORTGAGE , LLC Refinance

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The game-changer: New partnership between real estate tech innovator and luxury brokerage investor just gave agents at select firms valuable advantages and ease

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DALLAS, Nov. 15, 2024 /PRNewswire/ — The parent company of Briggs Freeman Sotheby’s International Realty, the leading luxury brokerage in Dallas, Fort Worth and all of North Texas, announces its groundbreaking partnership with Rechat, real estate’s only AI-powered Experience Management Platform for agents.          

Peerage Realty Partners, the world’s largest strategic investor in Sotheby’s International Realty affiliates, and Dallas-based Rechat have just advanced the real estate industry in a significant leap, through state-of-the-art technology. With the partnership, Rechat is now offering its advanced suite of tools and services to all Peerage Realty Partners brokerages — 206 offices across the U.S. and Canada — equipping its advisors with valuable advancements in real estate technology.          

Rechat was built to solve a universal and persistent problem faced by agents: the need to toggle between disparate platforms to manage the various aspects of their business. Briggs Freeman Sotheby’s International Realty has been working with Rechat almost since its beginning, as a first client, test case and collaborator. Now, years of innovation later, Rechat includes a marketing center, people center and deals center, allowing advisors to work within one integrated ecosystem to streamline tasks, automate listing marketing, create high-quality collateral, track transactions and more.          

Says Rechat CEO Shayan Hamidi: “We are dedicated to equipping agents with all of the tools they need — in one single tab or one single app — to excel in today’s competitive market.”          

Peerage Realty Partners is a leading residential real estate services firm, serving luxury markets across North America. Its brokerage partners include top Sotheby’s International Realty affiliates and other renowned independent firms. It has more than 6,100 advisors across 206 offices in the U.S. and Canada, to whose brokerages it provides strategic input, technology, marketing, operational expertise and much more. Its primary goal is to continually enhance the client, advisor and brokerage experiences through every phase of a transaction and beyond. Peerage Realty is projected to transact about $34.8 billion in sales in 2024 through its partner firms. Peerage Realty Partners, based in Toronto, Canada, has the unique benefit of being a privately owned enterprise, committed to long-term partnerships and investments.  

Says Gavin Swartzman, CEO of Peerage Realty Partners: “We are delighted to partner with Rechat to enhance our technological capabilities and provide our advisors with industry-leading tools. This collaboration aligns seamlessly with our ongoing commitment to leveraging innovation to better serve our clients and propel growth across our network.”    

To learn more, visit briggsfreeman.com, rechat.com and peeragerealty.com.

Peerage Realty Partners — the parent company of Dallas-based Briggs Freeman Sotheby’s International Realty and the world’s largest strategic investor in Sotheby’s International Realty affiliates — and Dallas-based Rechat, the creator of real estate’s only AI-powered Experience Management Platform for agents, have just advanced the real estate industry via state-of-the-art technology. With the partnership, Rechat is now offering its advanced suite of tools and services to all Peerage Realty Partners brokerages — 206 offices across the U.S. and Canada — equipping its advisors with valuable advancements in real estate tech. Rechat has eliminated the need for agents to toggle between disparate platforms to manage the various aspects of their business. After years of collaboration with Briggs Freeman Sotheby’s International Realty, Rechat now includes a marketing center, people center and deals center, allowing advisors to streamline tasks, automate listing marketing, create collateral, track transactions and more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-game-changer-new-partnership-between-real-estate-tech-innovator-and-luxury-brokerage-investor-just-gave-agents-at-select-firms-valuable-advantages-and-ease-302306550.html

SOURCE Briggs Freeman Sotheby’s International Realty

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