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John Deere Reveals New Autonomous Machines & Technology at CES 2025

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Autonomy will support Deere customers across agriculture, construction, and commercial landscaping 

MOLINE, Ill., Jan. 6, 2025 /PRNewswire/ — John Deere revealed several new autonomous machines during a press conference at CES 2025 to support customers in agriculture, construction, and commercial landscaping. Building on Deere’s autonomous technology first revealed at CES 2022, the company’s second-generation autonomy kit combines advanced computer vision, AI, and cameras to help the machines navigate their environments.

While each of these industries experiences their own set of challenges, a commonality across all is skilled labor availability.

Agriculture: the American Farm Bureau Federation also estimates there are roughly 2.4 million farm jobs that need to be filled annually.Construction: Eighty-eight percent of contractors struggle to find skilled labor.Commercial Landscaping: 86% of landscaping business owners can’t find labor to fill open positions.

“Our agriculture, construction, and commercial landscaping customers all have work that must get done at certain times of the day and year, yet there is not enough available and skilled labor to do the work,” said Jahmy Hindman, Chief Technology Officer at John Deere. “Autonomy can help address this challenge. That’s why we’re extending our technology stack to enable more machines to operate safely and autonomously in unique and complex environments. This will not only benefit our customers, but all of us who rely on them to provide the food, fuel, fiber, infrastructure, and landscaping care that we depend on every day.”

Autonomy Expanding to More Machines:

Autonomous 9RX Tractor for Large-Scale Agriculture: Tillage is one of the busiest times of the year for farmers. With the second-generation autonomy kit, featuring 16 individual cameras arranged in pods to enable a 360-degree view of the field, farmers can step away from the machine and focus their time on other important jobs. The advanced autonomy kit also calculates depth more accurately at larger distances, allowing the tractor to pull more equipment and drive faster.Autonomous 5ML Orchard Tractor for Air Blast Spraying: Protecting crops through air blast spraying is a challenging and repetitive job. Featuring the latest autonomy kit with added Lidar sensors to address the dense canopies found in orchards, the initial machine will be offered with a diesel engine. A battery electric tractor of comparable size and capacity to existing diesel 5M/ML models on the market today will follow. 460 P-Tier Autonomous Articulated Dump Truck (ADT) for Quarry Operations: Quarries supply the essential raw materials vital for building roads, buildings, and infrastructure, and it’s a complex process to mine, process, and transport materials. Using the second-generation kit, the ADT will handle the repetitive tasks of transporting material around the quarry to facilitate different steps in the cycle.Autonomous Battery Electric Mower for Commercial Landscaping: Commercial landscaping is a highly competitive industry and having the staff to support different bids is essential. The autonomous commercial mower leverages the same camera technology as other Deere autonomous machines, but on a reduced scale since the machine has a smaller footprint. With two cameras on the front, left, right, and rear, 360-degree coverage is achieved, and staff can focus on other aspects of the job.

Select machines will be autonomy ready from the factory and the second-generation perception system will be available as a retrofit kit for certain existing machines, providing customers with multiple paths to adoption based on where they are in their technology journey.

The machines are managed via John Deere Operations Center Mobile, the company’s cloud-based platform. By swiping left to right to start, the machine can be started once placed in the appropriate spot. Through the app, users also have access to live video, images, data and metrics, and the ability to adjust various factors like speed. In the event of any job quality anomalies or machine health issues, users will be notified remotely so they can make necessary adjustments.

Ways to Connect with John Deere at CES 2025 
The fully autonomous machines will be on display from January 7-10, 2025 at John Deere’s CES booth #5016, located in West Hall at the Las Vegas Convention Center. The booth will also showcase cutting edge technologies customers across industries are taking advantage of, like connectivity, AI, renewable fuels, and electrification.

John Deere will also participate in three panel discussions on Wednesday, January 8:

At 9 a.m., Deanna Kovar, President for the Worldwide Agriculture & Turf Division at John Deere will speak on a panel titled, “Tech Without Borders: The Benefits of Tech for all Communities.” The discussion will take place in the Las Vegas Convention Center’s North Hall, Level 2, N258.At 1 p.m., Sarah Schinckel, Director of Emerging Technologies in the Intelligent Solutions Group (ISG) at John Deere will speak on a panel titled, “AI or Die? Why Farms Must Embrace the AI Revolution to Survive.” The discussion will take place in the Las Vegas Convention Center’s West Hall, Level 2, W218.At 3 p.m., Gaurav Bansal, VP of Engineering at Blue River Technology (a John Deere company) will speak on a panel titled, “Robot Farm 2050: A Look at Robotics & The Future of Farming.” The discussion will take place in the Las Vegas Convention Center’s West Hall, Level 2, W218.

About Deere & Company 
Deere & Company (NYSE: DE) is a global leader in the delivery of agricultural, turf, construction, and forestry equipment. We help our customers push the boundaries of what’s possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world’s increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.

For more information on Deere & Company, visit us at www.deere.com/en/news/.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release relate to future events, expectations, and trends which constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 and involve factors that are subject to change, assumptions, risks, and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties could affect all lines of the company’s operations generally while others could more heavily affect a particular line of business.

Forward-looking statements are based on currently available information and current assumptions, expectations, and projections about future events and should not be relied upon. Except as required by law, the company expressly disclaims any obligation to update or revise its forward-looking statements. Many factors, risks, and uncertainties could cause actual results to differ materially from these forward-looking statements. Among these factors are risks related to:

changes in and compliance with U.S., foreign and international laws, regulations, and policies relating to data privacy, environmental (including climate change and engine emissions), autonomy, and farming policies;the ability to execute business strategies, including the company’s Smart Industrial Operating Model, Leap Ambitions, and mergers and acquisitions;the ability to understand and meet customers’ changing expectations and demand for John Deere products and solutions;the ability to integrate new technology, including automation and machine learning, and deliver precision technology and solutions to customers;changes to governmental communications channels (radio frequency technology);the company’s equipment fails to perform as expected, which could result in warranty claims, post-sales repairs or recalls, product liability litigation, and regulatory investigations;security breaches, cybersecurity attacks, technology failures, and other disruptions to John Deere information technology infrastructure and products;loss of or challenges to intellectual property rights;legislation introduced or enacted that could affect the company’s business model and intellectual property, such as right to repair legislation;

Further information concerning the company and its businesses, including factors that could materially affect the financial results, is included in the company’s filings with the SEC (including, but not limited to, the factors discussed in Item 1A. “Risk Factors” of the company’s most recent Annual Report on Form 10K). There also may be other factors that the company cannot anticipate or that are not described herein because the company does not currently perceive them to be material.

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SOURCE John Deere Company

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TOTAL PLAY ANNOUNCES DEBT EXCHANGE OFFER FOR UP TO US$870 MILLION

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—The offer contemplates the exchange of up to US$600 million of Existing Notes and the subscription of up to an additional US$270 million in cash—

 —At the time of launch, holders of more than 50% of the Existing Notes have signed Transaction Support Agreements—

MEXICO CITY, Jan. 7, 2025 /PRNewswire/ — Total Play Telecomunicaciones, S.A.P.I. de C.V. (“Total Play”), Mexico’s leading telecommunications company, which offers internet access, pay TV and telephony services, through one of the largest 100% fiber optic networks in the country, announced today, under the coordination of the investment banks Barclays and Jefferies, the launch of an exchange offer to holders of the US$600 million senior notes due 2028 with an interest rate of 6.375% (the “Existing Notes”) to be exchanged for new Senior Secured Notes due 2032 and with an interest rate of 11.125% (the “New Notes”). 

The exchange offer of the New Notes announced today, considers making the exchange at par, has an amortization schedule with quarterly principal payments between 2029 and 2032, and offers an annual interest rate of 11.125%. The issuance contemplates guarantee of both cash flow and fiber optics network.

The exchange considers that all holders of the Existing Notes, together, must subscribe US$270 million in additional cash1.

At the time of launch, holders of more than 50% of the Existing Notes—Cerberus Capital Management, L.P., Afore Azteca, Aviva Investors Global Services, LTD (UK) and Amundi Asset Management U.S. Inc., among others—have signed Transaction Support Agreements and commit to subscribe their respective pro rata additional share of the new notes as outlined in the exchange offer.  The company’s improved financial prospects, increased free cash flow generation and important market share were cited as reasons for recent credit rating upgrades granted by Moody’s and Fitch.  The exchange will further improve Total Play’s liquidity profile and extend its debt maturities.

With this operation, the company demonstrates its flexibility and financial discipline that have generated operational efficiency and exceptional results, which give it the ability to access sophisticated long-term financial markets.

The company believes that, together with its increasing cash flow generation, the exchange results in a business plan – for the short and medium terms – that is fully funded for Total Play. In this context, the company’s management will focus on driving value creation through its operations with increased efficiency, and on generating solid financial results, for the benefit of all its investors.

The New Notes will be listed and registered on the Singapore Exchange (SGX). The terms and conditions of the exchange offer are available in the Exchange Offer and Consent Solicitation Memorandum dated January 7, 2025.

About Total Play

Total Play is a leading Triple Play provider in Mexico that, thanks to the widest direct-to-home fiber optic network in the country, offers entertainment and technologically advanced services with the highest quality and speed in the market. For the latest news and updates about Total Play, visit: www.totalplay.com.mx. Total Play is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic, fast-growing, and technologically advanced companies focused on creating economic value through market innovation and goods and services that improve standards of living; social value to improve community well-being; and environmental value by reducing the negative impact of its business activities. Created by Mexican entrepreneur Ricardo B. Salinas (www.ricardosalinas.com), Grupo Salinas operates as a management development and decision forum for the top leaders of member companies. Each of the Grupo Salinas companies operates independently, with its own management, board of directors, and shareholders. Grupo Salinas has no equity holdings. The group of companies shares a common vision, values, and strategies for achieving rapid growth, superior results, and world-class performance.

Except for historical information, the matters discussed in this press release are concepts about the future that involve risks and uncertainty that may cause actual results to differ materially from those projected. Other risks that may affect Total Play and its subsidiaries are presented in documents sent to the securities authorities.

The New Notes have not been, and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any State of the United States or other jurisdiction, and the New Notes may not be offered or sold within the United States or to, or for the account of benefit of, U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933, as amended, and applicable laws of other jurisdictions.

 Investor Relations:

 

Bruno Rangel

Rolando Villarreal

+ 52 (55) 1720 9167

+ 52 (55) 1720 9167

jrangelk@totalplay.com.mx

rvillarreal@totalplay.com.mx

 

Press Relations:

 

Luciano Pascoe

Tel. +52 (55) 1720 1313 ext. 36553

lpascoe@gruposalinas.com.mx

1 Assuming 100% participation of the holders of the Existing Notes.

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SOURCE Total Play Telecomunicaciones, S.A.P.I. de C.V.

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CAS Holdings Welcomes Patrick McDermott as Chief Revenue Officer and President

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CAS Holdings, Inc. has appointed Patrick McDermott as Chief Revenue Officer and President. With extensive experience from B&R Industrial Automation, he will drive strategic growth and enhance revenue initiatives. McDermott aims to deliver innovative automation solutions while strengthening industry partnerships, supporting the company’s commitment to sustainable growth.

FRANKLIN, Mass., Jan. 7, 2025 /PRNewswire/ — CAS Holdings, Inc., a leader in providing complete automation solutions, is excited to announce the appointment of Patrick McDermott as Chief Revenue Officer and President. With a strong background in the automation industry, McDermott is poised to drive strategic growth and enhance the organization’s revenue-generating initiatives.

Patrick joins CAS Holdings from B&R Industrial Automation, where he served for 18 years and as President of the Americas Region for the past 6 years. His leadership there has been marked by significant achievements in sales and operational strategies. Prior to his tenure at B&R, Patrick held engineering leadership positions with both an OEM machine builder and another industrial automation supplier.

“We are thrilled to welcome Pat to the CAS team,” said Carol Flack, Interim CEO of CAS.  “This strategic appointment underscores our commitment to driving sustainable growth and enhancing revenue across all business segments. With Pat’s leadership and deep industry experience, we are confident in our ability to unlock new opportunities, optimize our sales strategies, and maximize value for our clients and shareholders alike.”

In his new role, McDermott will oversee all revenue generation efforts and collaborate with the team to strengthen partnerships with industry leaders. His strategic vision will guide CAS Holdings in delivering innovative solutions that meet the evolving needs of its customers.

“I am honored to join CAS Holdings at such an exciting time,” said McDermott. “I look forward to working with the talented team here to drive growth through automation solutions and help our customers differentiate through innovation.”

Patrick holds a B.S. and M.S. from the University of Illinois at Urbana-Champaign, specializing in digital control systems.

For more information about CAS Holdings and its services, please visit https://www.casholdings.us/.

About Complete Automation Solutions Holdings

About CAS Holdings, Inc.
Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Claudia Chery
508.838.1347
https://i-automation.com/

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SOURCE CAS Holdings, Inc.

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RICTOR Unveils the World’s First Amphibious Passenger Flying Motorcycle, Equipped with Automatic Route Planning and Takeoff/Landing System

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LAS VEGAS, Jan. 7, 2025 /PRNewswire/ — In recent years, the rapid advancement of technology and the growing demand for diversified travel options have brought eVTOL technology into the spotlight of the mobility sector. Amidst this innovation wave, RICTOR has emerged as a formidable player with robust innovation capabilities and a visionary approach to comprehensive air, land, and sea mobility solutions.

RICTOR, as an international brand incubated by KUICKWHEEL, focuses on the smart mobility field and is committed to providing users with more convenient, efficient, and eco-friendly mobility solutions. At the 2025 CES in Las Vegas, RICTOR showcased its all-terrain mobility products, and the launch of the Skyrider X1 flying motorcycle attracted widespread attention from global audiences, becoming the star exhibit of the show.

Skyrider X1: Redefining “Future Mobility”

The Skyrider X1, RICTOR’s latest breakthrough in the eVTOL field, elevates the concept of “future mobility” to unprecedented heights. RICTOR envisions a near future where personal flight is no longer an unreachable dream but an accessible reality.

This flying motorcycle represents a revolutionary leap in passenger aviation. Designed as an amphibious vehicle, it seamlessly combines land and air functionality, offering users the ultimate freedom in driving experiences. Its multi-functional personal vehicle design features:

4-axis, 8-propeller system for enhanced stability.Carbon fiber composite and aviation-grade aluminum materials for unmatched durability and performance.A maximum flight speed of 100 km/h and a flight duration of up to 40 minutes.A 50 kW onboard DC charging station, ensuring worry-free journeys.

Smart Technology for a Seamless Experience

The Skyrider X1 excels in intelligence, featuring:

Automatic route planning to identify optimal flight paths based on set destinations.Real-time weather and environmental adaptability, automatically adjusting altitude, speed, and direction for efficient and safe travel.Automated take-off and landing functions, simplifying the flight process by allowing pilots to set destinations while the vehicle handles the rest.Manual control options for pilots who prefer hands-on operation, including joystick functionality, catering to diverse user preferences.

Safety as a Priority

Safety is paramount in the Skyrider X1’s design. It includes:

Triple-redundant flight control systems, ensuring safe operation even if an engine fails.BMS battery safety protection and an integrated emergency parachute for comprehensive safety assurance.

Accessibility and Affordability

Compared to existing low-altitude flying products, the Skyrider X1 stands out with its lightweight build, enhanced flexibility, and competitive pricing. By balancing high performance with affordability, RICTOR brings the joy of flying within reach for more users.

A Visionary Future

RICTOR is paving the way for a future where flying becomes part of everyday life, empowering individuals to reach new heights and horizons. With the Skyrider X1 as a testament to its innovation, RICTOR continues to rewrite the narrative of smart mobility, proving that the sky is no longer the limit.

RICTOR: Soaring Beyond Horizons, Transforming the Future.

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SOURCE RICTOR

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