Backed by Clearlake Capital, Unifrax’s new nano-structured alumina catalyst support technology offers a greener catalytic conversion option for ESG-focused vehicle manufacturers

BUFFALO, N.Y.-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Unifrax, the leading manufacturer of high-performance specialty materials, today introduced a new, nano-structured alumina catalyst support technology for the transportation market – Eco-lytic™ by Unifrax. Housed within a vehicle’s catalytic converter, the Eco-lytic catalyst support fiber is designed to replace the existing catalytic converter or add to existing systems in order to enhance emission reduction, consume fewer precious metals and raw materials, and drive lower energy usage through vehicle weight reduction. The solution is designed to help prolong a cleaner engine life and enable vehicle manufacturers to meet increasingly stringent environmental, social, and governanc ... Read more »

Following rapid, profitable growth, the investment values Gupshup at $1.4 billion, validating its leadership position in Conversational Messaging

SAN FRANCISCO-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Gupshup, the leader in conversational messaging, today announced it has raised $100 million in funding from Tiger Global Management, propelling the company’s valuation to $1.4 billion. This funding will be followed by a second close with significant additional funds raised from more investors, to be announced later. This latest round follows years of profitable growth, product innovation, and customer adoption that saw Gupshup emerge as the global leader in conversational messaging. Gupshup’s API enables over 100,000 developers and businesses to build messaging and conversational experiences delivering over 6 billion messages per month across 30+ messaging channels. Gupshup will use this investment to rapidly scale product and go-to-market init ... Read more »

 Andrei Claudiu Cosma Highlights Essential Role of Lidar Simulations in Development and Validation of ADAS and AVs

SAN JOSE, Calif.-Thursday 8 April 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Simulations have an important role in developing and testing advanced driver assistance systems (ADAS) and autonomous vehicle (AV) capabilities. Andrei Claudiu Cosma, PhD, Autonomous Solutions Manager at Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW), will discuss how developers can use lidar simulation to replicate real-world driving scenarios to validate the safety and reliability of ADAS and AV solutions during NVIDIA’s annual GPU Technology Conference, GTC 2021.

The session, called “Lidar-Centric Machine Learning – A Simulator Driven Approach to Model Training, Testing and Validation,” takes place on April 10, 2021 at 10:00 a.m. PDT. Register for free to attend the session at https://gtc21.event.nvidia.com/.

Attendees of the ... Read more »