DarkPulse, Inc | March 09, 2022
DarkPulse, Inc. a technology company focused on laser sensing systems based on its patented BOTDA dark-pulse sensor technology which provides a data stream of critical metrics for assessing the health and security of infrastructure, today announced it has signed a Joint Venture Agreement with Cairo based Egyptian Electrical & Mechanical Works Co. The agreement in sum and substance describes the creation of a jointly owned Egyptian corporation with revenue split between the two partner organizations as well as an exclusive right for DarkPulse’s BOTDA systems to be utilized in projects throughout Egypt. The agreement also brings additional capabilities to DarkPulse including infrastructure project management, engineering and installation capabilities for Middle East and North Africa.
EEMW Founder & CEO, Dr. Ehab Eldemeri, one of the leading researchers and developers of fiber optic solutions in Egypt, North Africa, and the Middle East, understands the opportunities to create and deliver a new generation of fiber optic based solutions that can help improve the lives of Egyptians and people around the world. Together, both companies believe a new generation of fiber sensors will change the design, concept and implementation methods of future cities. Mr. O’Leary and Dr. Eldemeri believe this joint venture will be the first step towards opening the gates to Africa & the Middle East, since Egypt is the leading technology focused country in the region.
DarkPulse & EEMW plan to deliver solutions in real estate development, infrastructure, utility management, and building information management systems coupled with new innovations based on distributed sensing fiber systems. Plans include building a research and development unit to help understand future demands and market trends of the region.
“The Middle East is leading the world in the creation of smart cities. Egypt is particularly of interest with their New Cairo smart city project and an additional 16 smart cities slated to be built. These major projects rival cities such as Dubai and the planned NEOM project. Our core business is the monitoring and detection of structural anomalies in Critical Infrastructure /Key Resources. The agreement with EEMW brings DarkPulse more than 23 years of experience in engineering and building infrastructure projects while allowing DarkPulse and EEMW to perform sales and installations of our dark-pulse BOTDA systems into the Middle East and North Africa market accelerating the Company’s global market presence.”
Dennis O’Leary, Chairman and CEO of DarkPulse
“Selecting Egypt is the right decision for our companies as the future expansion in the region includes hi-technology fiber optics deployments with some of the largest multinational companies in the world currently operating there. The DarkPulse vision extends and covers overseas countries to excel as a global company providing technology focused offerings including manufacturing, sales, installation, operation, and maintenance,” said Dr. Eldemeri. “From this goal perspective, Mr. O’Leary and I, after working on a study to select the best added value regions, which includes stable, growing and high potential to build and renovate infrastructure, will help achieve a vision focused on digitalization and artificial intelligence concepts, and build data centers to support fast-growth in multiple sectors .”
The Company continues to explore additional potential opportunities in strategic locations worldwide with the goal of accelerating the adoption of its DarkPulse Technology Products and expand its global market position.
About DarkPulse, Inc.
DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Company’s technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company's fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company’s ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.
About Egyptian Electrical & Mechanical Works Co
EEMW Co. provides project management, engineering and construction supervision on refinery, liquefied natural gas, petroleum & chemical pipeline – submarine and above ground, energy and civil infrastructure projects such as ports, industrial cities and plants. It Provides Operations and maintenance activities for its client like Etisalat, British Petroleum, Bechtel, Siemens, Enal Power. The company also specializes in control system technology for Oil & Gas Industry and is pioneer in some major technologies and solutions.
Imperial Dade | May 19, 2022
Imperial Dade, a leading distributor of food service packaging and janitorial supplies, announced the acquisition of North Alabama Chemical. The transaction represents the 50th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed.
Headquartered in Decatur, AL with two additional locations in Florence, AL and Huntsville, AL, NAC is a full-service provider of janitorial supplies, services and solutions owned and operated by Peter Farrell. The Company has built a strong reputation for its knowledgeable sales force, wide breadth of products, and high touch customer service. Now in partnership with Imperial Dade’s market leading platform, NAC’s customers can expect the same exceptional customized service coupled with an even greater offering of products and solutions.
"NAC is a leading distributor in northern Alabama and has an excellent commitment to its customers, which makes it a great addition to the Imperial Dade platform," said Robert Tillis. “I am excited to partner with Peter and the NAC team to further grow our presence in northern Alabama in this next chapter of growth. This acquisition reinforces our focus to strengthen our presence in key growth markets to ensure our customers receive the highest quality service," said Jason Tillis.
"Imperial Dade is a market leader with a strong culture and differentiated service quality, and we are excited to join their family. Under the leadership of Bob and Jason, we believe this partnership will strengthen our customer and supplier relationships,"
Peter Farrell, Owner of North Alabama Chemical
About Imperial Dade
Founded in 1935, Imperial Dade serves more than 90,000 customers across North America. Since Chairman Robert Tillis and CEO Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the food service packaging and janitorial supplies industry.
LG Chem | May 16, 2022
LG Chem announced that it has developed a new plastic product for battery application that is capable of preventing the spread of flame in batteries, delivering the longest fire-resistance performance in the world.
LG Chem’s flame-retardant engineering plastic product is able to prevent the spread of flames, thanks to the company’s proprietary technology and manufacturing methods. The new advanced flame barrier product created by LG Chem is a highly functional engineering plastic product made from various composites including polyphenylene oxide and polyamide (PA) resin.
“We are proud to present this new product, a significant milestone for us after more than 10 years of dedicated research to deliver innovation for our customers. LG Chem continues to lead the rapidly evolving e-Mobility market, and we will continue to lead innovations through consistent R&D and investments in manufacturing based on our world-class chemical compounding technology.”
Steven Kim, Senior Vice President of Engineering Materials Division at LG Chem
When used in battery components, the new product is resistant to flames for a longer period of time due to its superior properties. It also features excellent dimensional stability and maintains its shape under changing temperature conditions. During LG Chem’s testing, the product was able to prevent the spread of flames caused by thermal propagation for over ten minutes at 1,000°C, 10 times longer than general plastics.
Thermal runaway is the leading cause of EV battery fires, where various stressors can cause heat to build up within a battery cell. When a battery cell exceeds its temperature threshold, fire can occur due to a short circuit triggered by factors such as overcharging and over-discharging. The resulting fire is difficult to extinguish as lithium reacts violently with water. Application of LG Chem’s new engineering plastic product to battery components would benefit drivers and passengers, giving them more time to evacuate a vehicle in case of a damaged and overheating battery.
Commercial production of the new product is on target to begin in 2023 aligned with customers’ demands and schedules. The company is currently in the process of obtaining patents in Korea, the United States and selected European markets.
About LG Chem
LG Chem is a leading global chemical company with a diversified business portfolio in the key areas of petrochemicals, advanced materials, and life sciences. The company manufactures a wide range of products from high value-added petrochemicals to renewable plastics, specializing in cutting-edge electronic and battery materials, as well as drugs and vaccines to deliver differentiated solutions for its customers. LG Chem is committed to reaching carbon-neutral growth by 2030 and net-zero emissions by 2050 by managing the impacts of climate change and making positive contributions to society through renewable energy and responsible supply chains. Headquartered in Seoul, Korea, LG Chem has multiple operation sites worldwide and generated KRW 42.7 trillion in sales in 2021.
CAS | March 22, 2022
CAS, a division of the American Chemical Society, recently completed a major project with The National Institute of Industrial Property of Brazil to implement an enhanced examination workflow solution for chemistry patent applications using a unique blend of technology, artificial intelligence, data, and expertise. The new solution reduced application examination times by up to 50%, helping the office achieve their goal of clearing 80% of their multi-year application backlog.
"Overcoming delays in the patent cycle has a significant, positive impact on innovation and economic growth in Brazil. Quickly granting patent rights accelerates investment, because applicants are confident their products will not be copied, which is the inventor's greatest fear. A structured, predictable and strong IP ecosystem helps ensure investment,"
Gabriel Di Blasi, Founding Partner, Di Blasi, Parente & Associates, of Rio de Janeiro
Brazil's rapid growth caused patent application volume to outpace the patent office's examination capacity. The new, optimized examination workflow uses CAS's AI technology and eliminates a significant number of examiner search steps, allowing the office to better keep pace with projected application volumes.
"The challenges faced by INPI Brazil reflect the unprecedented demands on patent offices around the world. As the largest economy in Latin America, the imperative to improve patent pendency was clear," said CAS President Manuel Guzman. "We are proud of the meaningful impact our work with INPI has already achieved and believe this solution provides an excellent starting point to help other patent offices optimize resources and ensure sustainable growth."
CAS worked with INPI Brazil to tailor a solution to their unique needs. By employing multiple AI algorithms trained with patent office data and the scientist-curated CAS Content Collection™, the approach meaningfully increased examiner productivity. INPI Brazil reported that the CAS solution significantly reduced examiner search times for 77% of national applications processed, and that 29% of national applications processed required little or no additional search.
"Our solution is designed to transform the prior art search process. Chemistry patent applications are very complex, requiring searches of both text and chemical structures within patent and non-patent publications. This is a unique capability of the CAS-designed solution," said CAS Chief Product Officer Tim Wahlberg.