Technology

Global Times: Experience peaceful development and win-win cooperation at Airshow China

Published

3 weeks ago

November 6, 2024

BEIJING, Nov. 5, 2024 /PRNewswire/ — The fifteenth China International Aviation and Aerospace Exhibition, also known as Airshow China, will be held in Zhuhai, South China’s Guangdong Province, from November 12 to 17. The Chinese Air Force revealed at a press conference on Tuesday that new equipment, including the J-35A medium-sized stealth fighter, the HQ-19 surface-to-air missile weapon system, and a new attack reconnaissance unmanned aerial vehicle will make their debut at the airshow. Although the event has not yet begun, the information disclosed in advance has sparked heated discussions. In particular, the preview of some “pillars of the country” will be unveiled one after another, making military fans at home and abroad full of expectations and every patriot proud.

As one of the world’s top five airshows, Airshow China has become an important platform for showcasing international aviation and aerospace advanced technology and high-end equipment, as well as promoting exchanges and cooperation.

This year’s Airshow China has attracted more than 1,000 exhibitors from 47 countries and regions, including Russia, France and the US. It features many world-renowned aviation enterprises, including Airbus, Honeywell, Embraer and Thales. International aviation and aerospace companies have great confidence in the Chinese market, so they are willing to bring their most advanced and high-end products to China to showcase themselves and facilitate cooperation through this equal and open platform of mutual benefit.

Airshow China has continued to grow in scale and quality, progressing hand in hand with the expansion of China’s high-end manufacturing industry, mutually promoting each other’s advancement. The aviation industry, hailed as the “flower of modern industry,” is a critical marker of a nation’s technological, economic, and defense capabilities as well as its level of industrialization, reflecting its comprehensive ability in high-end manufacturing.

Over several decades, China’s aviation and aerospace equipment has achieved leapfrog development, securing tangible accomplishments. Today, we possess advanced active defense equipment and highly acclaimed aerospace technology. Breakthroughs have been made with civil aircraft, such as the C919, ARJ21 and the AG600 “Kunlong,” while drone technology is leading the world. This showcases China’s steady and balanced progress in independent innovation across “land, sea, air, space, electronics, and cyberspace,” witnessing the journey from a fledgling to an advanced aviation industry, as well as the entire industrial system, and garnering repeated admiration.

Thus, Airshow China has also embodied the sincere patriotic enthusiasm of the Chinese public, rooted in a peace-oriented spirit. From the first Airshow China to its current status as one of the world’s top five air shows over the nearly three decades, China’s contribution to global peace and stability has become increasingly prominent. China’s strong defense capabilities have demonstrated remarkable performance in international rescue operations and anti-piracy efforts. China’s advanced civil aviation and aerospace technology has benefited many people in developing countries through various levels of cooperation. The progress in China’s aviation and aerospace industry not only equips the country to safeguard its sovereignty, security, and development interests but also empowers it to make greater contributions to regional stability and world peace.

In addition to cutting-edge equipment such as the J-35A and HQ-19, this airshow will also feature a newly established demonstration area for drones and unmanned boats. The lunar samples collected from the far side of the moon during the Chang’e 6 mission will also be showcased at this year’s airshow. These elements indicate that China’s technology is already at the forefront of the world in certain fields. As China makes significant progress in high-end manufacturing and enters the world’s top tier in multiple technological domains, cooperation with China represents opportunities and mutual benefits. The Chinese people are diligently and steadily working to do their own things well, bringing shared prosperity to the world.

At the previous Airshow China, the amount of cooperation agreements signed on the first day reached 250 billion yuan, with over 350 aircraft transactions. This year, people are generally more optimistic, as evidenced by the surge in the number of exhibitors, the emergence of high-end equipment, and the rising enthusiasm among the public.

With the implementation of a number of major projects and initiatives, China will adopt a more proactive and open stance toward advancing international cooperation and exchanges in the aviation and aerospace field. Therefore, what people see at Airshow China are not only “pillars of the country,” but also China’s confidence and openness in high-tech fields, as well as a vision of peaceful development and win-win cooperation.

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SOURCE Global Times

Technology

NASA, USAID Invite Media to Launch of New SERVIR Central America Hub

Published

23 minutes ago

November 27, 2024

HUNTSVILLE, Ala., Nov. 27, 2024 /PRNewswire/ — NASA and the U.S. Agency for International Development (USAID) invite media to the official launch celebration of the new SERVIR Central America regional hub, located in Costa Rica, on Tuesday, Dec. 3, at 11 a.m. EST. The event will be hosted by NASA SERVIR Program Manager Daniel Irwin, U.S. Ambassador to El Salvador William H. Duncan, and a representative from El Salvador’s Ministry of Environment and Natural Resources (MARN).

Central America is the latest addition to SERVIR’s global network, a NASA and USAID initiative that has been operating in Asia, Africa, and Latin America since 2005.

Implemented by the Tropical Agricultural Research and Higher Education Center (CATIE), SERVIR Central America will strengthen climate resilience, sustainable resource management, and biodiversity conservation through satellite data and geospatial technology. The SERVIR Central America hub will support evidence-based decision-making at local, national, and regional levels, strengthening the resilience of more than 40 million people in one of the world’s most climate-vulnerable regions.

The event will be in Spanish with English translation available.

For press access and location details, please RSVP to Belarminda Quijano at belarminda@bqcomunicaciones.com by Monday, Dec. 2. NASA’s media accreditation policy is online. The event will be livestreamed.

For more information on SERVIR, visit:

https://www.nasa.gov/servir/

View original content to download multimedia:https://www.prnewswire.com/news-releases/nasa-usaid-invite-media-to-launch-of-new-servir-central-america-hub-302317604.html

SOURCE NASA

Technology

NOVASPARKS FEEDHANDLERS NOW OPTIMIZED FOR TSE’S ARROWHEAD 4.0

Published

23 minutes ago

November 27, 2024

The Leading FPGA-powered market data company announces a successful migration to Arrowhead 4.0, demonstrating its strength with FPGA-powered feed handlers.

NEW YORK and LONDON and PARIS and TOKYO, Nov. 27, 2024 /PRNewswire/ — NovaSparks, the leading field programmable gate array (FPGA) market data company, today announced the successful introduction of its FPGA feed handlers to support the new Arrowhead 4.0 feed on Tokyo Stock Exchange’s (TSE), one of the most strategic and competitive markets in the Asia-Pacific (APAC) region. NovaSparks continues to enhance its coverage in APAC markets by reducing the latencies of its feed handlers on multiple APAC exchanges, and by developing market-specific features such as Itayose for TSE—a Japanese auction method used to set prices and facilitate the reopening of trading floors. This achievement underscores NovaSparks’ ability to support advanced market technology and its ongoing commitment to the APAC financial sector.

The Arrowhead 4.0 migration, a significant move by TSE, shifts from Market by Level (MBL) to Market by Order (MBO), providing traders with unparalleled market data granularity. Unlike MBL, where quotes are aggregated, MBO publishes each individual buy and sell order, offering traders a detailed view of market activity. This transition allows market participants to leverage deeper insights and execute more strategic trading decisions.

“Increasing the transparency and granularity of market data has been pivotal for enhancing trading strategies and market resilience,” said Luc Burgun, CEO of NovaSparks. “With the shift from Market by Level to Market by Order, traders now have a deeper view of individual orders, enabling optimized order placement and advanced algorithmic trading. Our FPGA solutions were instrumental in processing the surge in data volume seamlessly, reinforcing market stability and performance. This transition exemplifies our commitment to equipping financial institutions with the technology needed to stay competitive and compliant during high frequency trading.”

“Arrowhead 4.0 was a very important market data feed for our company, and using NovaSparks enabled us to significantly reduce the complexity of switching to the MBO format. We achieved our goal of not losing any packet while providing consistent auction prices since the first days of trading,” said one of NovaTick’s customers who successfully moved his brokerage trading infrastructure to TSE Arrowhead 4.0.

The Power of FPGA Technology

The MBO format significantly increases data volume—an estimated additional 3 000+ messages per second—and demands that feed handlers build comprehensive order books, a task not required under MBL. While software-based solutions may need up to three times more memory and double the computing power to process this influx, FPGA technology excels in handling such high data loads efficiently, maintaining high-performance with the speed and determinism that only FPGAs can bring.

About NovaSparks

NovaSparks is the leader in FPGA-based high performance and ultra-low latency trading solutions for financial markets. NovaTick™, its flagship Ticker Plant product, supports 75 feeds across the major Equities, Futures and Options trading venues in North America, Europe and Asia. It is packaged in scalable ‘easy-to-deploy’ appliances or in ‘tightly coupled’ PCIe cards. NovaSparks scalable and deterministic feed handlers deliver normalized market data, including order book building and multi-feed consolidation with sub microsecond processing latency, even during market peaks period. Deterministic performance is extended to the whole trading cycle, whether the trading algorithms are implemented in software or in hardware. NovaTick™ also includes advanced built-in functions to support and optimize the use of wireless infrastructures.

The company is headquartered in Paris (France), New York City (USA) and has offices in London (UK), Nantes (France), Athens (Greece) and Bangkok (Thailand).

View original content to download multimedia:https://www.prnewswire.com/news-releases/novasparks-feedhandlers-now-optimized-for-tses-arrowhead-4-0–302317606.html

SOURCE NovaSparks

Technology

Netlight announces new rotation in CEO duo

Published

24 minutes ago

November 27, 2024

STOCKHOLM, Nov. 27, 2024 /PRNewswire/ — Netlight, a leading digital consulting firm, announces a rotation in the CEO duo. Felix Sprick will step out from his role to continue as a Partner amongst Partners while Anders Thall will be stepping into the position alongside the current co-CEO Katri Junna.

Netlight introduced its innovative CEO duo model in 2021, featuring two equal leaders sharing the role. This model challenges the traditional CEO structure, offering richer perspectives, a broader leadership skill set, greater international exposure and an equal sparring partner for those in the role.

The rotation principle is a fundamental feature of Netlight’s CEO duo model. Netlight’s Board of Directors, in collaboration with the Partner group, selects every few years a new co-CEO from Partner group maintaining alignment with Netlight’s vision and values to drive long-term success.

The newly appointed co-CEO Anders Thall is a Partner and consultant, based in Netlight’s office in Stockholm. Thall has a track record of strategic advisory and he has been working with defining and expanding Netlight’s service offering globally.

Alongside the rotation in the CEO duo, Netlight strengthens the executive group by appointing Djavad Hedayati, Partner based in Munich, to be part of the group. The executive group is responsible for Netlight’s global business operations and governance.

This will take effect from 1st of January 2025.

“I am excited and honored to step into the role of co-CEO. Netlight’s commitment to innovation, collaboration, and diversity aligns closely with my own values. I look forward to working alongside Katri Junna to build on the company’s success,” says Anders Thall, the new co-CEO.

“At Netlight, we thrive on continuous renewal, which allows us to adapt, innovate, and stay competitive in a changing world – and our co-CEO model is in line with that. I am thrilled to welcome Anders Thall to the role, I believe our strengths complement each other in serving Netlight going forward,” says Katri Junna the current co-CEO.

Erik Fröberg, Chairman of the Board, adds: “Netlight has successfully navigated a challenging market environment, and I want to extend my gratitude to Felix Sprick for his valuable contributions. We are pleased to welcome Anders Thall as the new co-CEO. We are confident that the combined leadership of Katri Junna and Anders Thall will enable Netlight to thrive and excel in the ever-evolving digital landscape. I am also very pleased that Djavad will be part of the executive group where he will assume increased responsibility.”

From the departing co-CEO Felix Sprick: “Serving as co-CEO of Netlight has been an incredible journey and an honour. I deeply believe in the strength of our rotation model, which enables leaders to step into and out of the role seamlessly and without prestige. This approach not only provides Anders Thall the opportunity to grow and thrive as he takes on the role, but also allows me to refocus on driving Netlight forward from a partner perspective.”

About Netlight

Netlight is an international digital consulting firm, helping leading companies to succeed in the digital landscape, from advice to implementation. Our service contains the collective intelligence of 2000 consultants offering a comprehensive range of digital services, from strategy to technology. We support industries that are facing new challenges and opportunities based on new technology, to make better business. Netlight has been awarded several times for profitable growth and management, as a top employer, and for our engagement in Diversity, Equity, and Inclusion. Located in Stockholm, Oslo, Helsinki, Copenhagen, Munich, Hamburg, Berlin, Frankfurt, Zurich, Cologne, Amsterdam and Toronto. Co-creating the future today, since 1999. www.netlight.com