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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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MiTAC Computing Launches Next-Generation Servers Powered by Intel Xeon 6 with P-core Processors – Unleashing Breakthroughs in AI, Cloud, and Compute-Intensive Workloads

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NEWARK, Calif., Feb. 25, 2025 /PRNewswire/ — MiTAC Computing Technology Corporation, a leading server platform design manufacturer and a subsidiary of MiTAC Holdings Corporation (TSE:3706), today announced the launch of its latest server systems and motherboards powered by the latest Intel Xeon 6 with P-core processors. These industry-leading processors are designed for compute-intensive workloads, providing up to twice the performance for the widest range of workloads including AI and HPC.

Driving Innovation in AI and High-Performance Computing
“For over a decade, MiTAC Computing has collaborated with Intel to push the boundaries of server technology, delivering cutting-edge solutions optimized for AI and high-performance computing (HPC),” said Rick Hwang, President of MiTAC Computing Technology Corporation. “With the integration of the latest Intel Xeon 6 P-core processors our servers now unlock groundbreaking AI acceleration, boost computational efficiency, and scale cloud operations to new heights. These innovations provide our customers with a competitive edge, empowering them to tackle demanding workloads with superior empower our customers with a competitive edge through superior performance and an optimized total cost of ownership.”

“With increased core counts, faster memory, and AI acceleration in every core, Intel Xeon 6 with P-core processors deliver the performance required to address demanding AI challenges from the edge to the data center and cloud,” said Ronak Singhal, Intel Senior Fellow, Xeon Products. “These processors are optimized for high performance per core, providing unmatched performance compared to any other general-purpose CPU for compute-intensive workloads like AI, HPC, and data services.”

Leadership Server Performance with Intel Xeon 6 with P-core Processors
MiTAC’s new servers support Intel Xeon 6700P/ 6500P series processors, offering up to 86 cores and 88 PCIe 5.0 lanes. Designed for mainstream enterprise applications, the 6700P/ 6500P expands to an 8-channel memory architecture and supports up to 64 CXL 2.0 lanes. This modular SoC architecture enables businesses to leverage a shared platform optimized for both performance and efficiency-driven workloads.

MiTAC’s Next-Generation Server Portfolio

AI & HPC Servers
G4520G6: A powerful 4U dual-socket Intel Xeon 6 server optimized for AI and HPC workloads. It supports up to eight GPUs, 8TB of DDR5 RDIMM memory across 32 slots, and extensive expansion with eleven PCIe 5.0 x16 slots and eight hot-swap U.2 drive bays, making it ideal for accelerator-assisted computing applications.General Compute ServersR1520G6: A 1U server system supporting dual Intel Xeon 6 with P-core processor. It features 10 hot-swap, tool-less NVMe U.2 drive bays, delivering high-speed storage performance for real-time data processing, virtualization, and high-frequency trading.R2520G6: A 2U dual-socket Xeon 6 server system designed for in-memory computing, offering up to 8TB of DDR5 memory, five PCIe 5.0 x16 slots, and flexible storage options for U.2 and E1.s SSDs.Storage ServersR2513G6: A 2U single-socket storage server supporting twenty-four 3.5″ SATA drives, two 2.5″ NVMe drives, and eight DDR5 memory slots, integrated with a SAS RAID card for enhanced storage management.Server-Grade MotherboardSC513G6: A single-socket AI server motherboard in a standard CEB form factor, designed for multiple GPU card deployments. It features 8 DDR5 RDIMM slots, 5 PCIe 5.0 x16 slots, 2 NVMe M.2 slots, and with dual 25GbE and one GbE ports onboard.

Empowering Businesses with Scalable, Future-Ready Solutions
The latest MiTAC server platforms, powered by Intel Xeon 6 P-core processors, deliver exceptional performance, quality, and reliability to support a wide range of workloads, from AI to the most demanding cloud environments. As industries increasingly embrace AI, cloud computing, and edge technologies, MiTAC Computing remains committed to providing innovative server solutions aligned with the latest advancements in processor technology. With the Intel Xeon 6 platform unlocking new possibilities, MiTAC is dedicated to delivering cutting-edge systems tailored to the evolving demands of diverse workloads and vertical markets.

About MiTAC Computing Technology Corporation 
MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, highly customizable, and energy-efficient server solutions backed by over 20 years of industry expertise. Specializing in cloud, AI, and edge computing, MiTAC Computing provides tailored platforms for hyperscale data centers, HPC, and AI applications, ensuring optimal performance and scalability.

With a global presence and end-to-end capabilities—from R&D and manufacturing to global on-site support—MiTAC Computing offers flexible, high-quality solutions that meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to meet future challenges.

MiTAC Computing Technology Corporation website: https://www.mitaccomputing.com/

Intel, the Intel logo, and other marks are trademarks of Intel Corporation or its subsidiaries.

 

SOURCE MiTAC Computing Technology Corp.

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Radio Modem Market Surges to USD 1.93 Billion by 2030, Propelled by 7.2% CAGR – Verified Market Reports®

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Verified Market Reports® is pleased to announce the release of its latest in-depth study on the Global Radio Modem Market, offering a strategic analysis of market dynamics, competitive landscape, and emerging opportunities. As industries increasingly adopt wireless communication solutions, this report provides essential insights for key stakeholders looking to capitalize on the growing demand for robust, high-performance radio modems.

LEWES, Del., Feb. 24, 2025 /PRNewswire/ — The Global Radio Modem Market is projected to grow at a CAGR of 7.2% from 2024 to 2030, according to a new report published by  Verified Market Reports®. The report reveals that the market was valued at USD 1.18 Billion in 2023 and is expected to reach USD 1.93 Billion by the end of the forecast period.

The radio modem market is primarily driven by the increasing demand for reliable and secure wireless communication across various industries, such as military, transportation, oil and gas, and remote monitoring. The rise in automation, the need for real-time data transmission, and the expansion of IoT applications further propel the market. Additionally, advancements in technology, such as higher data rates, low power consumption, and enhanced security features, are contributing to the growth of radio modems. However, the market faces challenges such as the high initial cost of equipment and installation, which may limit adoption in smaller enterprises. The complexity of integrating radio modems with existing infrastructure and the potential for regulatory hurdles in certain regions also restrain market growth. Additionally, competition from alternative wireless communication technologies, like Wi-Fi and cellular networks, may pose a threat to the dominance of radio modems in specific applications.     

Download PDF Brochure: https://www.verifiedmarketreports.com/download-sample/?rid=43340 

Browse in-depth TOC on Radio Modem Market

202 – Pages
126 – Tables
37 – Figures

Scope of The Report

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Digi, Campbell Scientific, SATEL, RACOM, RF DataTech, Raveon Technologies, Advantech B+B SmartWorx, Westermo, Warwick Wireless, ATIM, Radiometrix Ltd, ADEUNIS RF   

SEGMENTS COVERED

By Type, By Application, By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

 

Global Radio Modem Market Overview

Market Drivers Fueling Growth in the Radio Modem Market

1. Increasing Demand for Reliable Wireless Communication

One of the primary drivers of growth in the radio modem market is the growing need for reliable and secure wireless communication in sectors such as defense, transportation, and remote monitoring. Radio modems provide long-range communication capabilities, making them ideal for environments where traditional communication networks are unreliable or unavailable. Industries that rely on continuous data transmission, such as oil and gas exploration or smart grid systems, require robust communication solutions, further driving the demand for radio modems. As these industries expand and modernize, the need for high-performance wireless communication systems will continue to boost the market.

2. Advancements in IoT and Automation

The rapid expansion of the Internet of Things (IoT) and automation technologies is significantly fueling the growth of the radio modem market. These technologies rely on seamless, real-time data transmission between devices, and radio modems play a crucial role in ensuring reliable communication, particularly in remote or industrial environments. As IoT applications expand in fields like agriculture, transportation, and manufacturing, the demand for radio modems to enable efficient and secure communication between devices is surging. Additionally, automation systems in sectors like logistics and utilities require dependable communication networks, further increasing the need for high-quality radio modems.

3. Technological Advancements and Improved Features

The continuous advancements in radio modem technology are driving their adoption across various industries. Modern radio modems are now equipped with features such as higher data transfer rates, low power consumption, and enhanced encryption for improved security, making them more appealing for mission-critical applications. These innovations help address the growing demands for faster, more reliable communication networks, especially in areas with limited infrastructure. As businesses look to adopt the latest technologies to improve operational efficiency and data security, the enhanced performance and versatility of radio modems are becoming increasingly attractive, thus fueling market growth.

To Purchase a Comprehensive Report Analysis:

https://www.verifiedmarketreports.com/ask-for-discount/?rid=43340 

Market Restraints Limiting Expansion in the Radio Modem Market

1. High Initial Costs

One of the key restraints limiting the growth of the radio modem market is the high initial cost associated with the purchase and installation of radio modems. These devices, especially those designed for industrial or military applications, can be expensive due to their advanced technology, durability, and specialized features. For smaller enterprises or regions with limited budgets, this high upfront investment can be a significant barrier. Additionally, the cost of setting up infrastructure to support radio modems, including antennas and other supporting systems, can further discourage widespread adoption.

2. Integration Challenges

Integrating radio modems into existing communication infrastructure can be complex and time-consuming. Many businesses face challenges when trying to incorporate radio modems into legacy systems, particularly in industries with older technologies. The need for specialized technical knowledge and the potential for compatibility issues between different equipment types can slow down the adoption process. This complexity in integration can lead to delays and increased costs, ultimately hindering the overall expansion of the radio modem market.

3. Competition from Alternative Wireless Technologies

The radio modem market faces significant competition from other wireless communication technologies, such as Wi-Fi, cellular networks, and satellite communication systems. These alternative technologies are often seen as more cost-effective and easier to deploy in urban environments where radio modems might not offer significant advantages in terms of performance or coverage. As cellular and Wi-Fi networks continue to improve in speed and reliability, some industries may opt for these solutions over radio modems, particularly in applications that don’t require long-range communication. This competition from alternative technologies may limit the market share and growth potential of radio modems.

Geographic Dominance

The global radio modem market is experiencing significant growth, with North America, Europe, and Asia-Pacific leading the charge. North America, particularly the United States, holds a dominant position due to its advanced infrastructure, widespread adoption of IoT technologies, and high demand for secure communication systems in industries like defense, energy, and transportation. Europe is also a key contributor, driven by the increasing implementation of automation and smart technologies across sectors such as manufacturing and utilities.

The Asia-Pacific region, led by countries like China and India, is seeing rapid expansion due to rising industrialization, urbanization, and the growing adoption of IoT solutions. The region’s increasing investments in infrastructure and technological advancements further support the demand for radio modems. Meanwhile, the Middle East and Africa are emerging markets, with significant growth potential driven by new infrastructure projects and the need for secure communication systems in industries like oil and gas. As the global demand for reliable, long-range communication systems rises, the radio modem market is set to expand across both developed and developing regions, with opportunities growing across multiple sectors worldwide.

Radio Modem Market Key Players Shaping the Future

Major players, including Digi, Campbell Scientific, SATEL, RACOM, RF DataTech, Raveon Technologies, Advantech B+B SmartWorx, Westermo, Warwick Wireless, ATIM, Radiometrix Ltd, ADEUNIS RF and more, play a pivotal role in shaping the future of the Radio Modem Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry’s key players.

Radio Modem Market Segment Analysis

Based on the research, Verified Market Reports® has segmented the global Radio Modem Market into Type, Application and Geography.

By Type

License-free frequencyUHFWi-FiVHF

By Application

Government & DefenseTransportationElectronic and ElectricityMining & Oil

Radio Modem Market, By Geography

North AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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About Us

Verified Market Reports® ­stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, Verified Market Reports has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, Verified Market Reports leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

Verified Market Reports’ domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Reports® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights Verified Market Reports’ dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Contact Us
Mr. Edwyne Fernandes
Verified Market Reports®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketreports.com
Web: https://www.verifiedmarketreports.com/

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Procare Solutions Welcomes Joe Gomes as CEO to Drive the Next Phase of Growth

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DENVER, Feb. 24, 2025 /PRNewswire/ — Procare Solutions, a leading provider of child care management software, announced today that Joe Gomes will join Procare Solutions as its new President and CEO.

“We are thrilled to welcome Joe Gomes as the new CEO of Procare Solutions,” said Harold Flynn, Senior Vice President, Group Executive at Roper Technologies. “Joe is a proven leader within the Roper Technologies portfolio, and his passion for driving results, building impactful teams and delivering customer-centric solutions makes him the right leader to take the company into its next phase of growth.”

Gomes brings a 25-year track record of leadership and experience to Procare Solutions. Most recently, Gomes served as President and CEO at PowerPlan, a Roper Technologies business that is a leading provider of financial software for asset-intensive industries. For over six years, he led the company through transformational growth, guiding it in developing solutions that account for over $4 trillion in infrastructure. Previously, Gomes served as President and CEO at IPA, a leading healthcare technology provider and Roper Technologies business. Prior to IPA, Gomes held various leadership positions at MedAssets, WebMD and Eli Lilly & Company. He earned a bachelor’s degree in business administration from Auburn University and a Master of Business Administration from Harvard Business School.

At Procare Solutions, Gomes will take on the critical task of advancing the company’s mission to deliver solutions that support the care, safety and education of children. By leveraging his extensive experience, he will play a vital role in shaping the company’s strategic direction and retaining its position as a market leader in the industry.

“I’ve long admired Procare Solutions for its 30-year history and dedication to empowering child care professionals,” Gomes said. “It’s an exciting time to join the company, and I’m looking forward to exploring the incredible opportunities ahead. Together with the talented Procare team, we will continue delivering industry-leading solutions while finding new ways to serve our customers.”

About Procare Solutions

For over 30 years, Procare Solutions has been dedicated to empowering early childhood educators by providing products and services that enable them to focus on the care, safety and education of children.  We recognize the responsibility that comes with nurturing and educating children, which is why our child care management solutions are designed to automate business processes, help ensure safety and compliance, communicate with families and provide educational resources and training to help teachers and children thrive.

Over 40,000 satisfied customers have chosen Procare Solutions as their trusted partner in providing exceptional care for young minds.              

Procare Solutions is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500 and Fortune 1000. For more information about Procare Solutions and its offerings, please visit ProcareSolutions.com.

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