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Bybit Launchpad Onboards Xterio, Opening up Opportunities in Blockchain Gaming for Users

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DUBAI, UAE, Dec. 31, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the next major Launchpad project, Xterio token (XTER), with 7,500,000 XTER in rewards for early subscribers. Bybit users now have the opportunity to delve into the GameFi economy and earn rewards through two stages: by subscribing to the token on Bybit Launchpad by Jan. 7, and by completing simple tasks to unlock additional prize pools following XTER’s Spot listing on Jan. 8.

Xterio is an AI-powered blockchain gaming platform built on the Layer 2 OP Superchain ecosystem. Xterio’s innovative approach to combining gaming and rewards has attracted high-caliber investors and developers. The project has raised over $80 million in funding and boasts strong backing from Binance Labs, Makers Fund, DST Global, and over 70 partners.

XTER Subscription – How to Participate:

During the subscription period, users have two options to share in the 7,500,000 XTER rewards:

Subscribing to Buy XTER with MNT for a chance to win from the total pool of 3,750,000 XTER (with an individual cap of 7,500 XTER).Joining the lottery with USDT to win XTER allocation from another 3,750,000 XTER prize pool (with an individual cap of 4 lottery tickets per users).

To participate, eligible users must maintain a daily average balance of 50 MNT or 100 USDT during the Snapshot Period from Jan. 3 to 7, 2025. The required amount must be committed during the Subscription Period from 3:30 AM UTC to 8:50 AM UTC on Jan. 8, and tokens will be allocated by 9:59 AM UTC on the same day.

XTER Spot Listing – More Rewards Head

From Jan. 7 to 22, 2025, Bybit users can also unlock two additional XTER prize pools by completing simple tasks:

Users may register for the XTER Token Splash and complete deposit and trading tasks for a chance to earn from a 300,000 XTER prize pool; andThe XTER Puzzle Hunt allows participants to collect puzzle pieces to unlock another 300,000 XTER prize pool.

Xterio on Bybit Web3: A Rising Star in Blockchain Gaming

Xterio also provides a robust and vibrant ecosystem through its strategic partnerships. Recently featured on Bybit Web3’s GameFi SNZ, Xterio ranked 4th among a formidable list of contenders, where its supporters shared a 38,000 XTER prize pool on Bybit.

By subscribing to and trading the native XTER token, Bybit users have the chance to get ahead in the rapidly growing blockchain gaming sector.

“We are excited to bring Xterio to Bybit Launchpad, offering our users a unique opportunity to get in early on the future of blockchain and AI gaming,” said Emily Bao, Head of Web3 and Spot at Bybit.

Bybit Launchpad offers a transparent platform allowing users to participate in high-potential blockchain projects at attractive prices in the early stages. Curated by blockchain experts, Launchpad projects often gain strong community support before landing on Bybit Spot, where users benefit from the platform’s robust infrastructure, safe trading environment, and deep liquidity.

For a detailed timeline on Bybit Launchpad and Bybit Spot, (terms and conditions apply), users may find out more from the announcement – Xterio (XTER) on Bybit Launchpad 3.0: Now Live, and visit Bybit Launchpad.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Harbin Electric Celebrates Milestone with Fabrication of the World’s Largest Impulse Runner

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HARBIN, China, Jan. 3, 2025 /PRNewswire/ — On December 30, Harbin Electric Corporation (“Harbin Electric”), a global leader in power generation technology, achieved a significant milestone in hydropower technology with the successful welding and manufacturing of the world’s largest single-capacity and largest-sized impulse turbine runner. The engineering feat led to the launch of the globe’s first 500 MW single-capacity impulse hydroelectric generator set at the Zhala Hydropower Station. The achievement marks a major breakthrough in China’s research and development of high-head, large-capacity impulse hydropower units, positioning the country at the forefront of global innovation in this field.

The hydraulic turbine runner functions as the “heart” of the hydroelectric generator unit at the Zhala Hydropower Station, a critical component of Electricity Transmission of China’s Xizang project. It supplies the essential power for the unit to achieve a rated output of 500 megawatts. Under the direction of the project’s owner China Datang Corporation, Harbin Electric Machinery Company (“Machinery Company”) has independently developed the state-of-the-art impulse runner, boasting energy conversion efficiency that meets world-class standards. The runner is constructed with a forge-welded structure that includes one hub forging and 21 bucket forgings, resulting in a post-welding weight of 90.8 tons.

An impulse turbine is a type of hydraulic equipment that utilizes a pressure pipe to channel water flow onto an impulse runner for energy conversion. At the Zhala Hydropower Station, with a design head of 671 meters indicating a significant vertical drop and high pressure, the runner functions as a crucial load-bearing and flow-through component that directly impacts the efficiency of the hydropower unit. Throughout its operation, the runner withstands high-frequency dynamic pressures, which are critical to the unit’s stability and safety. Consequently, the welding and manufacturing requirements for the component are particularly stringent.

As the world’s largest single-capacity impulse turbine runner, this component’s hub forging boasts a diameter of 4.7 meters and a thickness of 1 meter, setting a world record for the largest martensitic stainless steel forging. The runner has a maximum outer diameter of 6.23 meters and a width of 1.34 meters, making it the largest impulse runner in the world. The manufacturing technologies for welding and processing, given the material, shape, and size, are at the forefront of their respective fields. Exploring these techniques involves numerous risk factors and uncertainties, presenting exceptionally high requirements and significant challenges in both welding and manufacturing.

To overcome the welding challenges associated with the manufacturing of the runner, the Machinery Company launched a technical initiative, employing digital simulation technology to investigate die forging techniques for large buckets. The company chose the highly efficient forging and welding manufacturing process due to its exceptional performance. Through 3D metrology and simulation calculations, the assembly and welding process was optimized by identifying the most effective welding parameters. The hub and buckets, crafted from martensitic stainless steel forgings, were joined using high-strength, resilient welds, significantly enhancing the runner’s impact toughness and fatigue resistance.

The Machinery Company formed a specialized runner welding technology team for the Zhala Hydropower Station to address the tough welding requirements of martensitic stainless steel and the intricate, curved structure of the ultra-thick bucket runner. The team performed detailed analysis and research on key welding manufacturing technologies, focusing on welding materials and processes, bucket positioning, welding station setup, welding distortion management and weld quality assurance. Through the process, the team developed a comprehensive suite of welding technology solutions, providing essential technical support for the efficient and high-quality fabrication of the 500 MW impulse runner.

By establishing the Zhala runner welding fabrication team, the Machinery Company deployed highly skilled and experienced welders and craftsmen to handle the welding tasks. At the same time, the company implemented lean management initiatives to ensure quality, maintain progress, and enhance efficiency. The cold work sub-factory, tasked with welding operations, played a crucial role in integrating production with technology. To enhance quality and efficiency, the sub-factory conducted extensive research and discussions on technological approaches and carried out multiple simulations, ensuring the seamless progression of the production process.

Despite the confined operating spaces between the buckets, members of the welding fabrication team effectively addressed several challenges, including high temperatures, the complexities of backhand welding, and the demanding task of cleaning between layers. They employed tungsten inert gas (TIG) welding for deep joints and metal active gas (MAG) welding for other positions, ensuring comprehensive, multi-layer quality control throughout the runner welding manufacturing process. After 107 days and a total of 1,712 hours of dedicated effort, the Machinery Company successfully navigated the challenges of welding the runner for the Zhala Hydropower Station, achieving a manufacturing milestone with the successful creation of the world’s first 500 MW impulse turbine runner.

Through the welding fabrication of the 500 MW runner, the Machinery Company effectively addressed the complex challenge of welding large, thick, low-carbon martensitic stainless steel forgings. The company successfully overcame the challenges of welding complex, curved, ultra-thick buckets, and mastered the critical technologies for manufacturing processes that reinforce surfaces with ultra-high bonding strength. The achievement marks a significant breakthrough in China’s manufacturing technology for electric power equipment. It also represents a key milestone for the Machinery Company in its quest to advance technological innovation, aligning with China’s strategy to accelerate the construction of hydropower facilities in Southwest China. In addition, this accomplishment sets a new benchmark in the sustainable development of the country’s energy equipment manufacturing industry.

The Zhala Hydropower Station, located in Zogong County, Chamdo within the Xizang Autonomous Region, serves as the focal point of the Southeast Xizang Clean Energy Integration Hub and is acknowledged as the world’s most challenging impulse hydropower project currently under construction. It features two 500 MW impulse hydropower units, which are the largest of their kind in terms of single capacity, power output, and technological sophistication. Recognized by the China National Energy Administration as a pioneering project in the country’s energy sector, the Zhala Hydropower Station distinguishes itself as China’s exclusive demonstration project for the development and application of the 500 MW high-head, large-capacity impulse hydropower unit.

The Machinery Company is a leader in China in the research and development of impulse hydropower units. Through decades of technological innovation, the company has perfected a unique design and manufacturing process for these units. Harbin Electric has developed and produced 67 impulse hydropower units for 30 power stations worldwide, including the Dongchuan Hydropower Project in China, the Minas plant in Ecuador, the San Gabá facility in Peru, and the Suki Kinari project in Pakistan. Through its involvement in these projects, the firm has gained expertise in advanced technologies for impulse hydropower units while accumulating extensive practical engineering experience in hydraulic development, model testing, structural design, as well as in the processing, manufacturing, transportation, installation and commissioning of key components.

 

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SOURCE Harbin Electric Corporation

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P&R Measurement Showcases AI-Empowered Solutions at CES 2025, Transforming the Future of Flexible Manufacturing

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P&R Measurement is set to unveil AI-empowered precision solutions and interactive innovations at CES 2025, showcasing its vision to empower global innovators and drive the future of intelligent manufacturing.

LAS VEGAS, Jan. 3, 2025 /PRNewswire/ — P&R Measurement, a leader in precision measurement and control solutions, is set to make a groundbreaking announcement at CES 2025, taking place from January 7 to 10 in Las Vegas. As the world’s largest consumer electronics event, CES 2025 (Consumer Electronics Show®) will focus on the theme “Dive In,” exploring how the synergy between humanity and next-generation technologies can address global challenges and shape the future.

With its deep expertise in the measurement and control industry, P&R Measurement is poised to unveil its enhanced brand vision: “Empowering everyone to be an innovator.” At CES, the company will showcase its latest advancements in automated solutions, featuring the new AOB (Automated Operation Business) and AEB (Automated Engineering Business) series. These innovative measurement and control solutions, powered by revolutionary technologies, represent the company’s leap forward in precision engineering. As part of its AI & AI Agent Strategy, P&R Measurement’s presentation at CES will not only highlight the company’s exceptional achievements but also introduce its AI-empowered solutions to a global audience. By unveiling a range of advanced products driven by AI technology, the company will highlight new possibilities and open exciting pathways for the future of industrial advancement.

Building on its brand vision of “Empowering everyone to be an innovator”, P&R Measurement continues to drive the integration of cutting-edge AI with sophisticated testing, measurement, and control technology, delivering solutions that span both industrial and everyday applications. Through its commitment to the GD3 (Global Distributed Design and Delivery) Strategy, the company is revolutionizing the business model by leveraging global resources, bridging the gap between consumers and manufacturing endpoints through flexible manufacturing solutions, accelerating the transformation of intelligent manufacturing.

2025 marks a pivotal moment in P&R Measurement’s global brand evolution. The company is positioned to empower innovators across the globe, uniting efforts to build a more advanced and sustainable future. With industrial AI at the heart of its strategy, P&R Measurement is redefining the standards of precision engineering, driving continuous progress of the brand and setting new benchmarks for intelligence, efficiency, and performance within the engineering measurement and control industry.

At CES 2025, P&R Measurement will debut a series of exhibits that align with the latest industry trends, pushing the boundaries of technological innovation. A central feature of the company’s showcase will be PRIME – its AI Agent architecture. PRIME will demonstrate how natural language can seamlessly convert into engineering language, streamlining the design and operation of industrial equipments. Additionally, the company will unveil AI + Industrial Controller/Instrument/Actuator, which enable intuitive communication between natural language and engineering equipment, empowering users to become innovators. 

The company will also introduce a range of pioneering innovations, including:

Flexible manufacturing solutions powered by A2TPSensory testing technology built on the A2S LabDigital intelligence concepts designed with Smart Lab, pushing the envelope of industrial automation

These technologies will offer enhanced value for customers and unlock vast new opportunities for development, while advancing the future of intelligent manufacturing.

In addition to its industrial-focused innovations, P&R Measurement will also present interactive products designed to engage and entertain, breaking traditional boundaries of user interaction. Featured exhibits include:

Roborista: An AI Coffee application combining machine learning, robotics, and precision measurement and control solution, allowing users to enjoy barista-level hand-drip coffee with a simple conversation.PingPong: An interactive experience that combines machine learning, robotics, and measurement and control technologies to simulate real table tennis gameplay. The system allows users to control a variety of lifelike postures and movements, mirroring the authentic positions and actions of players in a real game.

Throughout the exhibition, P&R Measurement will communicate with global ecosystem partners, further cementing its leadership role in industrial measurement and control technologies. Together, the company will lay the foundation for a new industry ecosystem, empowering innovation and transformation on a global scale.

Visit P&R Measurement at CES 2025, January 7–10, 2025, to experience these industry-leading innovations firsthand.

Booth Location: LVCC, South Hall 3, Upper Level, #41068

For more information, visit the P&R Measurement website at
https://prmeasure.com/ 

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SOURCE P&R Measurement

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Year-opening Triumph: Arctech Lands a 1.5GW Solar Project Order in the UAE

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ABU DHABI, UAE, Jan. 3, 2025 /PRNewswire/ — Arctech, the world’s leading solar tracking and racking solutions provider, announced that it signed a 1.5GW order of its 1P single-axis solar tracking system SkyLine II with PowerChina for a solar project in Al Ajban, UAE, marking a great start for the company in the Middle East market in 2025.

As a key initiative under “UAE Energy Strategy 2050”, which aims to provide the country with zero-emission clean energy, this 1.5GW Al Ajban Solar PV plant will become one of the largest single-site solar plants worldwide once completed.

Upon completion, this plant is projected to generate green electricity capable of fulfilling the electricity demands of approximately 160,000 households. It is expected to reduce Abu Dhabi’s annual carbon emissions by 2.4 million tons each year, thereby significantly advancing green development and facilitating energy transition in the Middle East.

Since establishing its local operations in 2017, Arctech has expanded to include a service center, an R&D center, two local offices and a manufacturing base in the Middle East. Among which, Arctech’s Jeddah Phase II manufacturing base is currently under construction and will officially enter operation in 2025. Combined with its global supply chain, this expansion will enable Arctech to achieve a local delivery capacity of 15GW.

Up to now, Arctech has established a complete full life cycle service network in the Middle East market, including technical support, supply chain delivery, after-sales service, local operation and maintenance capabilities, and brand marketing strategies. Looking ahead, Arctech is well-positioned to further contribute to UAE’s “Energy Strategy 2050” through its enhanced localization initiatives and comprehensive white-glove services.

About Arctech

Arctech (SSE-STAR:688408) is the world-leading supplier of intelligent solar trackers, fixed-tilt structures, PV cleaning robots and energy storage solutions. Empowered by over 530 patents, Arctech products have been applied in utility-scale and commercial solar PV projects since 2009. It was listed among the top 4 tracker suppliers by IHS Markit and Wood Mackenzie from 2017 to 2020. The company went public on China’s Nasdaq-style STAR market in 2020. As of June 2024, Arctech has supplied over 76 GW of tracking and racking systems to nearly 1,800 PV plants in 40 countries. For more information, please visit https://www.arctechsolar.us/. Follow us on Linkedin, Twitter, Facebook and YouTube.

SOURCE Arctech

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