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3rd Agri-Food Tech Expo Asia Returns in November 2024 to Champion Innovative, Sustainable and Secure Food Systems

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SINGAPORE, July 24, 2024 /PRNewswire/ — Asia’s premier sourcing and networking platform for the region’s agrifood and foodtech industry, Agri-Food Tech Expo Asia (AFTEA), organised by Constellar with international partner DLG (the German Agricultural Society), returns for its 3rd edition from 19 to 21 November 2024 in Singapore at Sands Expo & Convention Centre. Focusing on strengthening the future of food sustainability and security, AFTEA is the only trade exhibition where cutting-edge technologies, innovative food solutions and global investment opportunities converge under one roof.

The impetus to embrace agricultural technology (or agritech) in Asia is ever more critical. Asia expects to more than double its total spending on food from US$4 trillion in 2019 to over US$8 trillion by 2030, driven by limitations in traditional agriculture[1], a rapidly growing middle-class population in Asia and a correspondingly increasing consumer appetite for better quality, fresh and nutritious food options.

Agritech has consequently emerged as an avenue to elevate farming practices to produce higher and better-quality yields more productively. In Southeast Asia, the region alone is already home to more than 270 agrifoodtech start-ups, experiencing significant growth with more than US$3.6 billion invested between 2013 and 2022. The acceleration of agritech adoption[2] in Southeast Asia has also enabled the region’s agrifoodtech ecosystem to grow at a remarkable 54 per cent CAGR, surpassing the 13 per cent CAGR recorded for the global start-up ecosystem between 2019 to 2022. These investment trends reflect the region’s continued commitment towards food technology innovation, with a focus on automation, alternative proteins, controlled environment agriculture, and decarbonisation for more sustainable and efficient food production.

As the cornerstone event of the Singapore International Agri-Food Week (SIAW)[3], AFTEA serves as a premier launch pad for agritech companies to showcase innovative technologies, products and solutions that future-proof the region’s agricultural industries. It also provides a valuable platform for key decision makers – including food manufacturers, processors, policymakers, farmers and growers, and investors – to explore the latest technologies and preview novel and alternative food products designed to sustain and shape the future of food systems.

“In a rapidly evolving landscape where concerns with sustainability and food security, powered by technological advancements are transforming the agrifood sector in Asia, AFTEA serves as a vital platform for dialogue, collaboration and innovation to shape the future of the agrifood industry. I encourage all agribusiness stakeholders to participate in AFTEA 2024, to share and discover groundbreaking innovations in agri and food technology, sustainable and regenerative farming, alternative proteins, aquaculture, and more,” said Mr Chen Yuyuan, Portfolio Director, Constellar.

Key Highlights in 2024

This year, AFTEA will delve into three key aspects of the agritech business – Innovation, Safety and Sustainability – to drive progress and advancement in the region’s agrifood industry.

Innovation: Solutions and latest technologies that can help farmers and food tech companies scale food production, accelerate business transformation, expand distribution channels, and bridge financial support.Safety: Solutions covering aspects of food tracking, traceability, hygienic design, fraud prevention, standards and certification, inspection and detection technologies.Sustainability: Sustainable solutions that transform food production and preserve the environment through energy conservation, resource optimisation, and fresh- and wastewater management.

AFTEA 2024 will feature over 300 exhibitors showcasing cutting-edge advancements and latest innovations in the key exhibit themes[4], including country pavilions from France, Hungary, Israel, Japan, Singapore, Spain, Sweden and The Netherlands, alongside key industry players such as DPR, Dragino, Eurofins, Grain Arianetech, JS Biosciences, Nexton, Priva, SCIEX and Shenzhen FY Lighting. Among these exhibitors are about 100 start-ups, contributing to the largest agrifood and agritech start-up ecosystem in Southeast Asia.

Other highlights include:

Cultivated Meat Pavilion: Supported by the Asia-Pacific Society for Cellular Agriculture (APAC-SCA), the pavilion will return after its successful launch last year to showcase the latest in cultivated meat products. This year, the pavilion will feature Avant Meat, Cell Agritech, DPR Construction Asia Pacific, JS Biosciences, and more. 

Founder’s Hub: A dynamic platform fostering innovation and entrepreneurship within the agribusiness sector, the Founder’s Hub will host a pitching stage for start-up competitions and among the featured events will be a global start-up competition organised in partnership with Innovate 360. The space will also house a start-up pavilion led by Innovate 360 and Impact Circle, where start-ups can network, collaborate, and explore opportunities for growth and investment.

Living Lab Tech Showcase: Sananbio, expert in vertical farming and horticultural lighting pioneering sustainable bio-based solutions for a greener future; Inong Agriculture Co Ltd, a Big Data-powered soil microbe expert offering cash-crop-specific solutions that leverage on customised probiotics to increase crop yield sustainably; and Takamiya, manufacturer of high-performance greenhouses for agriculture, will be showcasing their latest collaborative projects. The showcase includes Sanobio’s intelligent plant cultivating system that integrates LED lighting technology. This system is currently deployed in a new-generation automated plant factory in China’s Fujian Province, capable of achieving a daily industrial production of 1.5 tonnes of vegetables to supply to nearby cities Fuzhou, Xiamen and Quanzhou.

Sandbox: Through a variety of engaging formats including solo presentations, fireside chats, and panel discussions, the Sandbox will enable corporates and industry organisations to showcase and discuss the latest agricultural trends and agritech innovations. Attendees will discover practical solutions for improving crop yield, reduce costs, as well as improve their understanding of agritech solutions.   

To visit AFTEA 2024, register here. For latest event updates, follow AFTEA on LinkedIn and Facebook.

For media enquiries and interview requests, contact the Constellar Communications team at comms@constellar.co.

About Agri-Food Tech Expo Asia

Agri-Food Tech Expo Asia (AFTEA) provides a focused exhibition platform with a “living lab” environment, thematic experiential zones, sandbox and community-based learning for emerging and established industry players in the agrifood industry to launch, showcase and testbed their solutions. Organised by Constellar with international content partner DLG (the German Agricultural Society), AFTEA is a key participating event of the Singapore International Agri-Food Week (SIAW), organised by the Singapore Food Agency (SFA) and Temasek, in partnership with the Singapore Economic Development Board, Enterprise Singapore, Singapore Tourism Board (STB), the Agency for Science, Technology and Research (A*STAR), and event organisers Rethink Events and Constellar. Visit agrifoodtechexpo.com for more information.

2023’s edition attracted over 7,500 attendees from 82 countries and regions, with more than 200 global exhibitors. The event also facilitated over 500 business matches and hosted 110 sharing sessions at the Sandbox and Founder’s Hub, conducted by over 140 industry experts.

About Constellar

Constellar is Asia’s preferred partner for convening businesses, curating ideas and creating opportunities for sustainable business growth and global impact. Based in Singapore with a regional footprint in China and Malaysia, we curate and develop influential trade and consumer events for key industries, connecting global marketplaces in sectors such as fintech, industrial transformation and ESG. We also manage the Singapore EXPO, Singapore’s largest purpose-built venue for Meetings, Incentives, Conventions and Exhibitions (MICE). Our vision is to be a global leader made in Asia, activating impactful networks to enable cross-industry collaboration and innovation through our holistic portfolio of intellectual properties (IP) in the MICE industry. Visit Constellar.co for more information.

[1] These limitations include inadequate farmable land, global warming creating unfavourable growing conditions, labour shortages, risk of soil-borne pests and diseases, amongst others.   

[2] Key observations include the following:

   •  Malaysia implementing its National Food Security Policy Action Plan 2021-2025 and the National Agrofood Policy 2021-2030 to bolster food production with the adoption of modern technologies and economies of scale;

   •  Thailand’s ‘Future Food’ roadmap from 2022-2027 to support innovations such as alternative proteins and 3D food printing;

   •  Philippines attributing about US$480 million for climate-smart agriculture and food systems from 2022 to 2025;

   •  Indonesia’s agritech industry expected to grow at a CAGR of 31% between 2022-2026 with influx of foreign investors and start-ups and Farming as a Service (FaaS) contributing the most to the growth, and

   •  Singapore launching its “30 by 30” Initiative to build up its agrifood industry’s capability and capacity to sustainably produce 30% of their nutritional needs by 2030, significantly enabling an increase in funding in agrifood-tech investments, from US$5.9 million in 2029 to US$169.8 million in 2022.

[3] AFTEA is the leading event of the Singapore International Agri-Food Week (SIAW), which gathers global industry leaders, policymakers, and innovators to build new partnerships and explore opportunities for agrifood technology development and adoption across the region. SIAW’s other constituent events include Asia-Pacific Agri-Food Innovation Summit, the SFA Global Agri-Food Scientific Symposium, and SFA Roundtable on Novel Food Regulations.

[4] The exhibit themes are Alternative Proteins, Aquaculture, Food Safety & Security, Novel Food Technology, Smart Processing & Packaging, Sustainability & Resource Management, Technological Solutions, Urban & Smart Farming.

 

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SOURCE Constellar

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American Solar Energy Society Launches National Solar Tour App for Attendees

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September 28, 2024

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BOULDER, Colo., Sept. 28, 2024 /PRNewswire/ — The American Solar Energy Society (ASES) has launched the brand-new National Solar Tour App, now available for download on both the Apple App Store and Google Play Store. This cutting-edge app is designed to enhance the experience for attendees of the National Solar Tour, providing a streamlined way to explore and engage with solar and other clean energy installations and sustainable technologies across the country.

The National Solar Tour is the largest grassroots solar event in the United States, connecting thousands of people to learn about solar energy and sustainable solutions from those who live and work with it every day. The showcase weekend traditionally takes place the first weekend in October but is held virtually throughout the year. The new app will make attending the tour even more accessible and interactive for clean energy enthusiasts wanting to learn more about solar energy.

Key Features of the National Solar Tour App:

Interactive Map: Easily browse the ASES National Solar Tour map to find examples of the many types of solar energy and other energy-saving technology near you.RSVP to In-Person Tours: Conveniently RSVP to in-person events and plan your tour stops.Seamless Navigation: Effortlessly navigate to tour sites using your favorite maps app.

“This app opens new doors for clean energy supporters to connect with solar innovations firsthand,” says Carly Rixham, Executive Director of the American Solar Energy Society. “It’s designed to create an engaging experience for tour attendees and make the discovery of local solar projects even more accessible and exciting.”

The app is only intended for National Solar Tour attendees. Tour hosts should continue managing their site and event listings through the existing web portal at map.nationalsolartour.org.

Whether you’re a homeowner curious about installing solar panels or a business interested in adopting clean energy solutions, the National Solar Tour App will guide you to events and installations that inspire sustainable action.

Download the App Today:

Apple App Store: Download for iOSGoogle Play Store: Download for Android

For more information, visit nationalsolartour.org and follow us on social media for updates. The main showcase weekend is October 4-6, but tours take place all throughout the year and can be found on the National Solar Tour Map.

About American Solar Energy Society
The American Solar Energy Society (ASES) is a leading nonprofit advocating for sustainable living and 100% renewable energy. Since 1954, ASES has worked to accelerate the transition to a renewable energy economy through education, policy advocacy, and community events, including the annual National Solar Tour, annual National Solar Conference, and Solar Today Magazine.

Contact Information
For media inquiries, please contact:
solartour@ases.org
303-443-3130
Website: https://www.ases.org

 

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DIGITIMES Asia: Qualcomm circles Intel for takeover: biting off more than it can chew?

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September 28, 2024

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TAIPEI, Sept. 28, 2024 /PRNewswire/ — The Wall Street Journal reported that Qualcomm has approached Intel for a potential takeover, a story later verified by CNBC. While the news initially sparked a 3% rally in Intel’s share price, significant doubts remain about the feasibility of such a deal.

According to the news report from the technology-focused media DIGITIMES Asia, a takeover could offer strategic value for Qualcomm, but the complexities of acquiring a company of Intel’s size and stature raise numerous questions. Here are the key challenges Qualcomm would need to overcome to make the deal successful:

Regulatory approval

One of the most significant obstacles is likely to be regulatory scrutiny. Given Intel’s size and market position in the semiconductor industry, antitrust authorities in multiple jurisdictions would carefully evaluate any acquisition. Concerns about market monopolization could lead to regulatory pushback or even prevent the merger altogether.

The semiconductor industry is heavily regulated, and any significant changes to the structure or operations of Intel’s foundry could attract scrutiny from antitrust authorities. Qualcomm would need to ensure that any divestitures or restructuring do not violate competition laws, particularly given Intel’s prominent position in the market.

Some argue that Qualcomm’s takeover bid could survive the competition law review because Intel is facing financial difficulties, and the two companies do not compete in the same market spaces, except for PC CPUs. However, the deal would still need to go through reviews in other countries, including China, whose passive disapproval led to the failure of Intel’s acquisition of Tower Semiconductor.

Intel’s internal resistance

Intel’s management may resist a takeover, particularly if they believe the company can turn its fortunes around independently. Qualcomm’s bid could face significant challenges if Intel’s leadership does not support the acquisition or sees it as strategically disadvantageous.

Market reaction, stakeholder support, and existing industry relationships

The success of a bid often relies on the reactions of shareholders and market stakeholders. If Intel’s shareholders see more value in maintaining independence or if there is skepticism about the strategic fit of Qualcomm acquiring Intel, this could lead to difficulties in securing the necessary support for the acquisition.

Qualcomm may need to navigate Intel’s existing relationships with its customers, partners, and suppliers, especially if those entities are concerned about the implications of a takeover.

For example, Intel’s foundry business may have existing contracts with third-party clients, including the recently announced AWS deal. If Qualcomm decides to scale back or eliminate this segment, it could lead to legal disputes or loss of revenue from already established contracts, impacting Qualcomm’s cash flow.

Financial viability

Qualcomm would need to ensure that it has the financial resources to make a competitive bid for Intel while also addressing any existing debts or liabilities Intel carries. According to Qualcomm’s financial report for the third quarter of its fiscal 2024, the three months to June 23, the company had only US$7.8 billion in cash and cash equivalents at its disposal and just over US$23 billion in total assets.

With Intel’s market value around US$93 billion, a stock-for-stock transaction is most likely for the takeover. However, Qualcomm would have to convince investors and financial institutions of the potential profitability of the acquisition, considering Intel’s financial struggles with its foundry business.

Strategic and operational alignment

The takeover offers Qualcomm numerous benefits, including a vast portfolio of intellectual properties (IPs), a significant market share in the PC chip market, and an accelerated entry into edge AI computing, a promising area for future growth.

However, merging two large organizations with distinct cultures and operational methods always presents significant challenges. Qualcomm would need to develop a comprehensive integration plan to address potential disruptions and ensure a smooth transition.

While Qualcomm’s bid to acquire Intel could theoretically provide a significant advantage in the competitive semiconductor landscape, several formidable challenges stand in the way. The success of the takeover would depend on a favorable regulatory environment, the response of Intel’s management and shareholders, solid financial backing, and a well-defined strategy that highlights the expected benefits of the consolidation.

Given the complexities involved, predicting whether Qualcomm’s bid would succeed is challenging, and it could ultimately require careful negotiation, strategic planning, and a willingness to adapt to the responses of various stakeholders.

Original link: https://www.digitimes.com/news/a20240922VL200.html

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Luvme Hair Celebrates 10th Anniversary with Final Mega Sale

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3 hours ago

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September 28, 2024

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Luvme Hair celebrates its 10th anniversary with a Final Mega Sale, offering customers exclusive discounts of up to $110 off and special gifts. From September 24 to September 29, 2024 (EST), the sale applies to all products, including the brand’s premium wigs and hair extensions. Founder Helena Lee expressed gratitude to the loyal customers who have supported the brand over the past decade, highlighting the sale as a way to give back. For more details and to participate, visit the official Luvme Hair website.

NEW YORK, Sept. 28, 2024 /PRNewswire-PRWeb/ — Luvme Hair, a leading brand in the human hair wigs industry, proudly celebrates its 10th anniversary with a Final Mega Sale, offering exclusive discounts and gifts as part of its anniversary celebration. The event provides new and returning customers the chance to enjoy significant savings across all product categories.

Event Details:

Event Duration: September 24 – September 29, 2024 (EST)

Discounts: Up to $110 off

Discount Codes:

Spend $139, get $20 off with code: 10TH20Spend $179, get $30 off with code: 10TH30Spend $279, get $60 off with code: 10TH60Spend $389, get $110 off with code: 10TH110

Applicable Products: All products sitewide

Event Link: https://shop.luvmehair.com/collections/luvmehair-wig-sale

The Final Mega Sale marks the culmination of Luvme Hair’s 10th-anniversary celebration and offers a unique opportunity for customers to experience premium-quality wigs, extensions, and accessories at reduced prices. The upgraded discount structure allows shoppers to save more as they spend more, making this event the perfect time to invest in high-quality, versatile human hair wigs.

Visit the official Luvme Hair website, apply discount codes at checkout, and enjoy savings of up to $110.

Helena Lee, the founder of Luvme Hair, shared her thoughts on the 10th anniversary: “Celebrating this milestone reflects the loyalty and support that Luvme Hair has received over the past 10 years. The Final Sale is a way to give back to our customers by offering enhanced savings and gifts. We are excited to continue empowering individuals through our wigs and hair extensions and look forward to many more years of innovation.”

About Luvme Hair:

Luvme Hair is a reputable brand in the hair wigs industry, known for its high-quality human hair wigs, glueless wigs, curly wigs, bob wigs, Bundles With Closure and clip in hair extensions that allow individuals to effortlessly switch up their looks. With a focus on innovation, creativity, quality, and customer satisfaction, Luvme Hair has garnered a loyal customer base globally, with over 2 million satisfied customers. For more information about Luvme Hair and its products, please visit their official website at Luvme Hair.

Media Contact

Jian Mei, Luvme Hair, 1 13016070827, tgyxzx808@gmail.com, Luvme Hair

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