Technology

Welcoming the next chapter of American innovation in solar and beyond

Published

2 weeks ago

November 11, 2024

WINDERMERE, Fla., Nov. 11, 2024 /PRNewswire/ — Latorre, A. (2024, November 11). MHMS Group LLC.

Last week signaled a defining chapter in America’s journey, as the new administration calls for a bold focus on economic strength, energy independence, and cutting-edge advancement. Charles D. Carey, CEO and Founder of CIG Companies, stands ready to help lead this charge toward a future powered by American ingenuity and a shared commitment to progress. Through clean energy, CIG envisions an America that not only meets its own energy needs but unites us across party lines, harnessing our resources, talent, and collective resolve for a brighter future.

“As the demand for reliable, U.S.-made energy solutions grows, there has never been a more urgent call to action,” Carey reflects. “With surging needs in AI and manufacturing, America holds a unique opportunity to strengthen its energy infrastructure and build lasting economic value through domestic solar. Together, we can rise to the challenge.”

Texas: Leading Solar Energy Growth

In the heart of America lies Texas, where innovation and energy independence converge. As the state with the largest installed utility solar capacity in the nation, Texas has demonstrated that Utility Solar not only lowers energy costs but also stands as the lowest-cost new energy source available. With a development-to-operation timeline that’s faster than any other large-scale energy source, Utility Solar has proven its scalability and reliability. Established technology since the 1960s, Utility Solar has long been recognized by credit agencies as one of the safest, most stable investments in sustainable energy—a mark of security as we transition to cleaner energy. In Texas, solar power’s cost-efficiency, with a lifespan extending beyond 40 years, provides a stable and green energy source that strengthens local and national energy independence.

Empowering Americans Through Solar Investment

CIG Companies remains dedicated to building a sustainable energy foundation that will last. Its solar manufacturing plant in College Station, Texas, exemplifies this vision. This advanced facility, supported by the latest government incentives, makes high-efficiency solar modules with a 25-year warranty, offering Americans a dependable, cost- effective energy solution. Utility Solar’s compact footprint—requiring only about 10% of Texas land to power 40% of the U.S. grid—ensures minimal impact on land resources while delivering substantial energy. As a U.S.-made product, it embodies the power of American innovation and contributes to national energy independence.

Expanding Horizons with CIG Fund 2

CIG Companies, under the leadership of Charles, is committed not only to clean energy but also to luxury and innovation in real estate and travel. CIG Fund 2, a diversified investment fund focused on returns, safety, and growth, has recently raised substantial capital to support ambitious projects in real estate, luxury travel, and solar manufacturing.

Among these initiatives is the expansion of Magnifica Residences, luxury residential communities being developed across the U.S.’s most exciting markets and select international destinations. These communities combine exclusive amenities like spas, golf courses, and personalized services to create a holistic, high-end lifestyle experience underscored by environmental responsibility. Additionally, the fund supports Magnifica Air, redefining travel by merging the exclusivity of private aviation with the convenience of commercial travel, providing discerning travelers a premium experience like no other.

Looking Forward

As the nation enters this new chapter, Charles D. Carey and CIG Companies will continue to advance projects that bolster American resilience. CIG’s clean energy initiatives represent more than just power; they are a means of securing economic stability and expanding opportunities in communities nationwide. With bipartisan support for tax credits and incentives, CIG is poised to contribute significantly to America’s energy independence. The road ahead is bright. Through projects in energy, real estate, and luxury experiences, CIG Companies is committed to a prosperous, innovative American future—one fueled by ingenuity and dedication to progress for all.

For more information, visit Charles D. Carey or CIG Fund 2.

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SOURCE CIG Companies

Technology

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

Published

24 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/

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SOURCE NASA

Technology

NOVASPARKS FEEDHANDLERS NOW OPTIMIZED FOR TSE’S ARROWHEAD 4.0

Published

24 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).

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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