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Lockheed Martin Declares First Quarter 2025 Dividend

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BETHESDA, Md., Jan. 28, 2025 /PRNewswire/ — The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2025 dividend of $3.30 per share. The dividend is payable on March 28, 2025, to holders of record as of the close of business on March 3, 2025.

About Lockheed Martin
Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com

 

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Asset-Light Model Transforming Mobility Solutions for Customers in India: Zoomcar

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BENGALURU, India, Feb. 24, 2025 /PRNewswire/ — A recent article published by ET Now News, India’s leading English business news website, discussed the evolving transportation landscape in India, and how peer to peer car sharing models are transforming the future of mobility by making self-drive accessible without having to operate a large fleet. The “asset light model”, as they call it, is game-changing for the mobility market in India, enabling sustainable and cost efficient transportation options.

Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (Nasdaq: ZCAR), the Nasdaq-listed leading marketplace for self-drive car sharing, was mentioned in the article which provides a platform for vehicle owners to connect users looking for self-drive rental vehicles, and was compared to Airbnb, which also does not own assets. The article suggests that the “asset-light strategy” deployed by companies like Zoomcar minimizes the need for capital expenditures and positions the company to grow supply organically, while optimizing operational costs and increasing sustainability of growth. 

Read the entire article referenced here: https://www.etnownews.com/auto/the-rise-of-asset-light-mobility-in-india-article-118532251

About Zoomcar:

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.

Forward Looking Statement:

This press release includes statements that are or maybe considered, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Except for statements of historical facts, these forward-looking statements are based on assumptions relating to the Company’s business, revenue, earnings, margins, growth rates and other financial results for future periods and these assumptions entail significant risk and uncertainty including but not limited to risks identified in the Company’s most recent filing on Form 10-K and other SEC filings, all of which are available on the Company’s website. You can identify forward-looking statements with words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates” or the negatives thereof, as well as other variations or comparable terminology related to Company’s strategy, plans, projections or intentions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.

Press Contact:
Press@zoomcar.com 

Investors Contact:
Investors@zoomcar.com 

Logo – https://mma.prnewswire.com/media/2517562/5182911/Zoomcar_Logo.jpg

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SOURCE Zoomcar

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Fahlo, LLC’s Animal Tracking Plush Toy Shines as Plush Toy of the Year Nominee

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NEW YORK, Feb. 24, 2025 /PRNewswire/ — Fahlo, LLC is thrilled to announce that its innovative plush toy, which uniquely integrates animal tracking technology, has been nominated for Plush Toy of the Year by the prestigious Toy Foundation. The winners will be revealed on Friday, February 28 at Cipriani’s in New York City.

Since its inception in 2018, Fahlo has been at the forefront of merging playful technology with wildlife conservation. Each plush toy—and its bracelet counterpart—features a built-in tracking system that lets users follow a real animal in the wild on a 3D map. This nomination not only recognizes the creativity and quality behind Fahlo’s products but also underscores their commitment to inspiring a love for the environment and its residents around the world.

“Our nomination for Plush Toy of the Year is a tremendous honor and a testament to the unique way we’re blending fun with conservation,” said Carter Forbes, Co-Founder of Fahlo, LLC. “We hope our innovative approach sparks curiosity about wildlife and motivates people to actively engage in conservation efforts.”

Co-Founder DJ Gunter added, “Fahlo plush was created on the belief that play can be a catalyst for positive change. Seeing our work celebrated by the Toy Foundation reinforces that our mission to connect people with nature through interactive technology is both innovative and impactful.”

Fahlo’s commitment to the planet goes beyond creating interactive play experiences. The company partners with global conservancies and nonprofits, donating 10% of its net profits to support efforts that protect at-risk species and their habitats. Since 2018, Fahlo has donated over $4 million to conservation initiatives, reaffirming its mission to foster a deep connection between people and the natural world—one tracking experience at a time.

About Fahlo:

Fahlo, LLC partners with conservancies to ignite curiosity for wildlife and excitement for conservation. Through its range of interactive products that track real animals in the wild on a 3D map, Fahlo inspires users to learn about and support the protection of our planet’s most vulnerable species and habitats. For more information, please visit www.myfahlo.com.

Click here for more details about our booth at: https://tfny2025.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=383067

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SOURCE Fahlo

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MediaTek Dimensity 7400 and Dimensity 6400 Makes Improved Gaming, Connectivity and AI Performance More Accessible

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Latest power-efficient chipsets complement full Dimensity portfolio of best-in-class mobile SoCs 

HSINCHU, Feb. 24, 2025 /PRNewswire/ — MediaTek announced a trio of new ultra-efficient chipsets designed to be an integral part of the industry-leading MediaTek Dimensity family, offering exceptional experiences for high-tech and mainstream mobile devices to complement the flagship and premium offerings of the Dimensity 9400 and 8400. The Dimensity 7400 and 7400X are geared to deliver advanced gaming and AI camera technology to consumers, and the Dimensity 6400 provides fantastic performance and enhanced 5G in an accessible package.

Both Dimensity 7400 chipsets integrate an octa-core CPU with 4X Arm Cortex-A78 cores operating up to 2.6GHz and 4X Arm Cortex-A55 cores up to 2.0GHz, plus an Arm Mali-G615 MC2 GPU. Built on TSMC’s 4nm process node, the Dimensity 7400 and 7400X run super efficiently, using between 14% to 36% less power when gaming compared to competitive chipsets. In addition, the SoCs feature MediaTek Advanced Gaming Technology (MAGT) 3.0 support for improved graphics performance, AI optimizations that adjust game settings based on the device’s workload, reduced input lag for quicker response, and advanced power savings so users can enjoy longer gaming sessions.  

“With our Dimensity 7400 and Dimensity 6400 chipsets, MediaTek is proving once again that it has the capability to bring incredible smartphone experience to more affordable price ranges,” said Dr. Yenchi Lee, General Manager of MediaTek’s Wireless Communications Business. “Whether gaming, using the latest AI applications, or taking photos and videos, users can enjoy the significant performance and impressive energy efficiency that they have come to expect from the Dimensity family.”

To boost the performance of AI applications, Dimensity 7400 and Dimensity 7400X integrate MediaTek’s NPU 6.0, with a 15% upgrade in performance over the Dimensity 7300. Offering premium multimedia capabilities with an Imagiq 950 high-end signal processor (ISP), Dimensity 7400 and 7400X support advanced AI camera features for capturing stunning images, even in low lighting. The chips also have Google Ultra HDR support for higher dynamic range, vivid colors, and better contrast for photos and videos. This ensures that photos and videos retain their quality when uploading from a user’s smartphone to social media.

Additional features of the Dimensity 7400 and Dimensity 7400X include:

Support for dual display flip phones (7400X) to give OEMs more design flexibility.5G R16 modem with 3CC carrier aggregation (3CC-CA) that leverages MediaTek’s UltraSave 3.0+ technologies to provide 20% lower power compared to the competition.Tri-band Wi-Fi 6E support for fast and reliable multi-gigabit wireless connectivity.

MediaTek Dimensity 6400

The newest entry in the Dimensity 6000 series of affordable chipsets enhances the latest 5G connectivity features to make them accessible to more people around the world. The Dimensity 6400 utilizes an octa-core CPU with 2X Arm Cortex-A76 cores operating up to 2.5GHz and 6X Arm Cortex-A55 cores up to 2.0GHz, plus an Arm Mali-G57 MC2 GPU. Built on TSMC’s 6nm process node, Dimensity 6400 runs super efficiently, using up to 19% less power when gaming compared to competitive chipsets.

Key features of the chipset include:

MediaTek Bluetooth Wi-Fi HyperCoex Technology which reduces gaming latency by up to 90% for a smoother gaming experience.Release 16 Sub-6 5G Modem supports 2CC-CA for improved connectivity.Up to 33% faster downlink and 18% faster uplink speeds compared to competitors.Enables billion-color displays with real 10-bit images and videos for vivid visuals and supports True Color Accuracy for improved color correction, generating more accurate and lifelike visuals.108MP camera sensors enhanced with MediaTek and Arcsoft’s multi-frame noise reduction (MFNR) and low pass noise reduction (LPNR) for sharper selfies and portraits.

The first smartphones powered by the MediaTek Dimensity 7400 and 7400X will be available in Q1 2025; Dimensity 6400 is currently available. To learn more about MediaTek’s Dimensity portfolio, please visit: https://i.mediatek.com/mediatek-5g.

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About MediaTek Inc.

MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visit www.mediatek.com for more information.

Contact Information: 

Kevin Keating
pr@mediatek.com

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SOURCE MediaTek Inc.

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