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Hanwha to showcase cutting-edge aerospace solutions at Farnborough Airshow 2024

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Hanwha’s aerospace and defense enterprises will participate in the Farnborough International Airshow 2024, offering a range of advanced solutions from fighter jet engine, avionics to satellites, space launch vehicle. Hanwha Aerospace is set to unveil the prototype of a homegrown aero turbofan engine designed to power next-generation fighter jet and uncrewed aircraft. Hanwha Aerospace to show off an advanced lineup of space technologies such as the KSLV-II launch vehicle, the SpaceEye-T high performance commercial earth observation satellite.Hanwha Systems will present a set of advanced avionics and satellite systems, including low Earth orbit (LEO) satellite communications systems.

SEOUL, South Korea, July 18, 2024 /PRNewswire/ — Hanwha Aerospace will join the 2024 Farnborough International Airshow with a strong presence, offering a range of advanced solutions in the aviation and space domains.

At the biennial event taking place from July 22-26, Hanwha Aerospace will showcase the prototype of a homegrown 15,000lb.-thrust-class turbofan engine on par with GE’s F414. This will be the first unveiling of the Korean aviation engine concept, as the engine is expected to power South Korea’s KF-21 jet fighters in a future tranche and uncrewed combat aircraft as well.

The homegrown engine initiative came after decades of engine manufacturing and production achievements through technical cooperation with global top engine makers. Hanwha Aerospace is the only manufacturer of aero gas turbine engines in South Korea, achieving a major milestone of producing over 10,000 engines in April 2024. 

“Leveraging our decades of accumulated experience and exceptional expertise in aircraft engine manufacturing, we’re fully committed to developing an aero turbofan engine of our own technology,” said Executive Vice President Mr. Kim Won-wook, Head of Advanced Aero Engine Business Unit. “With the successful development of K-21 fighter jets, and growing defense industry capabilities in Korea, we are confident in the success of our endeavor.” 

Hanwha Systems will offer a series of innovative avionics systems technologies, including active electronically scanned array (AESA) radars for different types of combat aircraft.

“This is a key strength of Hanwha,” said Mr. Park Hyuk, Head of Surveillance & Reconnaissance Business Division at Hanwha Systems. “From engines to radars and sensors, Hanwha has a full capability to supply core components and technologies for making sophisticated fighter jets.”

Hanwha’s cutting-edge space technologies will also be shown off at the show, as Hanwha Aerospace is taking the lead of South Korean efforts to advance its space launch capability. The homegrown KSLV-II space launch vehicle will be displayed in a mock-up, along with SpaceEye-T, the world’s highest resolution commercial earth observation satellite. 

Also known as Nuri, the KSLV-II is a three-stage launch vehicle with a payload capacity of a 1.5-ton to Sun-synchronous orbit (SSO). As the systems integrator, Hanwha Aerospace will take charge of KSLV-II’s future launch missions through 2027.  

Built by Satrec-I, a subsidiary of Hanwha Aerospace, SpaceEye-T is capable of identifying the type of vehicle on the road from space, using its super resolution 0.3m imagery capabilities. In addition, Hanwha Systems will showcase its small synthetic aperture radar (SAR) satellite, which has been in orbit since December 2023.

“With our capabilities in all areas required, Hanwha aims to become a total solution provider offering a complete value chain of services from launch services to satellites, and space exploration,” said Executive Vice President Mr. Lee Jun-won of Space Business Group at Hanwha Aerospace.

About Hanwha Aerospace

Founded in 1977, Hanwha Aerospace is a global aerospace and defense company offering a broad portfolio of products and services, ranging from land combat systems, precision munitions to military engine production and MROs.

In the aerospace sector, Hanwha Aerospace stands as the only South Korean company that has an end-to-end capacity for engine designing, manufacturing, and evaluating systems. Based on this capacity, the company has developed over 1,800 indigenous engines for precision-guided missiles and auxiliary power units, along with extensive MRO services on 5,600 military engines for 45 years.

A top-tier partner for the world’s three major aircraft engine companies _ General Electric, Pratt & Whitney, and Rolls-Royce, Hanwha Aerospace has gained an excellent reputation in the international aerospace market for its highest level of production and consistent delivery of sophisticated engine parts. More information is available at www.hanwhaaerospace.com

About Hanwha Systems

Hanwha Systems is the leading company of the Republic of Korea in various business areas ranging from avionics, space to security and safety solutions, and information systems service. Hanwha Systems has Defense Division and ICT Division with the customer value being the top priority. More information is available at https://www.hanwhasystems.com

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SOURCE Hanwha Aerospace

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Rad Power Bikes Expands Its Omnichannel Retail Experience to Include BestBuy.com and Select Best Buy Stores

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Additional physical and digital channels provide Rad Power Bikes customers more ways to interact with the brand and access Rad’s latest ebike models.

SEATTLE, Sept. 25, 2024 /PRNewswire/ — Rad Power Bikes™ today announced its teaming up with Best Buy to increase the brand’s retail presence to include 150 Best Buy stores nationwide and BestBuy.com. After several product launches, this availability enhances the seamless integration of Rad’s retail channels, enriching the customer journey from online to in-store. This expansion of Rad’s omnichannel experience underscores the company’s dedication to creating a world where transportation is not only energy-efficient and accessible but also enjoyable for everyone, no matter where they shop or how they engage with the brand.

Rad Power Bikes Expands Its Omnichannel Retail Experience to Include BestBuy.com and Select Best Buy Stores

As Rad continues to redefine sustainable transportation, the expansion to Best Buy will provide more customers with direct access to Rad’s industry-leading products in physical retail locations and online. Starting today, customers can purchase some of our rider’s favorite Rad products and accessories at BestBuy.com, and next month in 150 Best Buy stores nationwide.

“Rad Power Bikes is strategically positioning itself for sustained growth by focusing on safety, reliability, and customer accessibility,” said Phil Molyneux, CEO of Rad Power Bikes. “Our commitment to strengthening our product offerings and broadening our retail experiences for customers ensures more people can experience the benefits of ebikes. As we continue to innovate and grow beyond our direct-to-consumer roots, we remain dedicated to maintaining the highest standards of safety, quality, and customer satisfaction, which have been key in building our strong reputation with customers and retailers large and small.”

Rad is also expanding its retail partner program and is pleased to announce the appointment of industry veteran George Lee as Director of Sales. This key addition will further strengthen and grow the company’s retail partnerships, enhancing the overall customer experience and accelerating growth.

Rad Power Bikes is also planning exciting Black Friday deals on its versatile ebikes to offer even more customers the opportunity to experience the freedom and convenience of Rad Power Bikes at a great value.

Rad Power Bikes offers test rides and in-store support at its RadRetail locations, ensuring that customers can find the right ebike for their needs, whether commuting, adventuring, delivery, or hauling kids. For more information on how Rad Power Bikes is making ebikes more accessible, and to locate a store near you, visit here.

About Rad Power Bikes
Rad Power Bikes boasts a full lineup of affordable ebikes and accessories that are changing the way people and products ride for good. Founded in 2007, Rad’s team of passionate ebike enthusiasts creates products and service solutions that are purpose-built for everything, whether for commuting, adventuring, delivery, or hauling kids. The ebikes and accessories are all designed in-house at its Seattle headquarters. The company serves riders across the U.S. and Canada, and has nine RadRetail locations, and more than 1,200 retail and service partners across North America.Recognized by TIME, Fast Company, and Inc. as one of the most innovative and influential companies, Rad Power Bikes is on a mission to build a world where transportation is energy-efficient, enjoyable, and accessible to all.

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SOURCE Rad Power Bikes

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Admitad’s new generation promo code solution boosts conversion for affiliates by 40%

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DUBAI, UAE, Sept. 25, 2024 /PRNewswire/ — Admitad, a global leader in partner marketing, launches New Generation Promo codes — a turnkey solution that offers a hassle-free way to attribute sales directly to affiliates through promo codes. Publishers receive full credit for every sale generated, regardless of how or where the transaction occurs. Brands enjoy increased tracking transparency and accuracy, wider reach and boosted sales. The loyalty of publishers to advertisers is also growing due to increased profits at the same traffic volumes.

By assigning a dedicated code to each affiliate, the solution ensures personalised promotions that increase the relevance and impact of marketing campaigns, while for publishers it guarantees no risk of promo code theft or cookie stuffing. Through access to a broader network, including social media influencers and content creators, businesses can expand their reach, diversify traffic sources, and unlock new audience segments.

Solution embraces the CPS model, guaranteeing that businesses only pay for completed sales. This makes marketing spend more predictable, enabling companies to optimise their ROI. Promo codes are automatically withdrawn from publishers failing to generate sales within a specified timeline and are then reallocated to those who consistently deliver results.

Promo code tracking also solves the problem of cross-device order attribution, including tracking on mobile devices and within mobile applications. Admitad’s solution is able to bypass other tracking obstacles as well. It works seamlessly even if ad blockers, privacy settings and other extensions interfere with traditional cookie tracking.

Affiliates using New Generation Promo codes alongside their affiliate links have experienced a significant spike in conversions. Admitad compared the number of actions and growth rate of partners who previously worked only with affiliate links. Calculations showed consistent 30-40% growth in the number of actions and sales after just 3 months of promo code usage.

More conversions translate directly into increased commissions and revenue growth. By offering discounts or special offers, they incentivize consumers to make purchases that might not have otherwise been considered. It also offers publishers a powerful tool to foster deeper customer engagement.

Publishers and brands can access New Generation Promo codes through the Promo code Catalog in the Admitad Store. These codes are recommended to be used alongside the affiliate links, offering a powerful combination that ensures the best possible tracking and maximizes the conversion potential.

Logo – https://mma.prnewswire.com/media/2433196/4750415/Admitad_Logo.jpg

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SOURCE Admitad

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Swan Bitcoin Has Achieved SOC2 Type 1 Compliance

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The independent audit and certification affirms that Swan’s platform, infrastructure, tools, and processes meet industry best practices to protect sensitive client information. 

CALABASAS, Calif., Sept. 25, 2024 /PRNewswire/ — Swan Bitcoin is proud to announce that it has successfully achieved SOC 2 Type 1 compliance, marking a significant milestone in its dedication to ensuring the highest standards of security, availability, and confidentiality for its customers. This certification, awarded by Schellman, a high-ranking IT compliance attestation firm, details the suitability of design and operating effectiveness of controls relevant to security, availability, and confidentiality to protect sensitive data.

“Every day, we handle mission-critical information,” said Yan Pritzker, Swan CTO. “This requires Swan to implement thorough security and risk controls across our whole domain, including network security, systems availability, and data confidentiality. With a SOC2-compliant environment, we are assuring our customers and partners that we can meet their stringent compliance requirements.”

SOC 2 reports are performed in accordance with the Statement on Standards for Attestation Engagements 18 (SSAE 18) attestation standard issued by the American Institute of Certified Public Accountants (AICPA). Achieving SOC 2 Type 1 certification demonstrates that Swan meets industry best practices to assure clients that their data is being handled with the utmost care and protection.

“At Swan, security is a top priority,” said Scott Kisser, Swan CISO. “Achieving SOC 2 compliance underscores our commitment to building trust by adhering to industry-leading security practices. This independent verification is another step in our continued journey to provide the most secure and trusted Bitcoin platform for our clients.”

SOC 2 compliance brings critical benefits such as reduced risk, enhanced client trust, and the confidence that Swan Bitcoin is continuously improving its security posture. The completion of Swan’s SOC 2 Type 1 report is the result of an independent audit conducted to ensure the proper design and effectiveness of a variety of controls. For more information, please visit trust.swanbitcoin.com.

About Swan

Swan is a leading Bitcoin financial services company with more than 130,000 clients. Established in 2019, Swan helps individuals and institutions to understand and invest in Bitcoin. The Swan app simplifies Bitcoin purchases with instant and recurring buys. Swan IRA provides a tax-advantaged solution for saving Bitcoin in retirement accounts. For HNWIs and businesses, Swan Private provides white-glove service for large purchases, treasury solutions, and inheritance planning. With Swan Vault, clients can easily custody their own Bitcoin with peace of mind. Swan Managed Mining provides clients with fully segregated and dedicated mining operations, catering to their unique requirements, opportunities, and strategic advantages. Swan prides itself on exceptional client service, making Bitcoin approachable to all. For more information, please visit swan.com.

View original content:https://www.prnewswire.com/news-releases/swan-bitcoin-has-achieved-soc2-type-1-compliance-302257789.html

SOURCE Swan Bitcoin

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