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KPM Engineering doubles revenue growth in 2022 with 30 per cent of its GCC projects based in KSA – ZAWYA

Global multidisciplinary engineering company, KPM Engineering (KPM), has announced achieving a record year in 2022 with a 100 per cent increase in revenue growth across the business. KPM secured 6 million square feet of projects in Saudi Arabia, with 30 per cent of all the organisations GCC projects based in the Kingdom last year.

Saudi Arabia will remain a focus in 2023 for KPM, which forecasts projects in the Kingdom will account for 50 per cent of the organisations total GCC projects in 2023. In response to increased demand for KPMs services in Saudi Arabia, the organisation will manage these projects from its first Saudi-based office, which will be fully operational this summer.

According to Saudi Build, Saudi Arabias construction sector grew by 8.8 per cent in 2022, the highest year-on-year increase on record to date, with the countrys GDP totalling USD182.2 billion. Saudi Arabias construction sector is expected to continue growing, with an anticipated annual average growth rate increase of four per cent until 2026, as reported by Global Data. In 2023, KPM will focus on hospitality, residential and mixed-development projects in the Kingdom, working alongside international architecture firms such as DSA Architects International and RMJM, including DoubleTree, a USD151 million international hotel in Jeddah, an integrated residential and retail development in Riyadh, and a 4.5 million square foot mixed-use project in Makkah.

To support the organisations rapid growth, KPM doubled the size of its team of multidisciplinary engineering specialists with 175 employees globally. In addition to opening an office in Saudi Arabia to support the surge in projects in the Kingdom, KPM also plans to increase the size of its international team to 300 employees by the end of 2024 and invest in the employment of local talent in key markets, such as Saudi Arabia.

John Guest, KPMs director, commented on the companys recent growth: The significant growth we have achieved over the last year is evidence of the thriving construction sector across the Middle East. Saudi Arabia is a key focus area for KPM and we aim to continue on our growth trajectory, increasing the number of projects in the Kingdom to make up half of our total global projects. The opening of our office in KSA will be critical to our ongoing success and we look forward to supporting the Kingdom in achieving its Vision 2030 goals. We have had great success across the Middle East and globally, and were confident we will exceed our growth plans for 2023 with all of the notable projects currently in our pipeline.

Kashif Fakih, director at KPM, attributes the companys continued success to its service approach, expert engineers, and long-term value partnerships with international architects and developers, saying: "KPM would not be where it is today without our committed team, increased focus on automation, and concentration on the design and development of intelligent, innovative, and sustainable buildings. As a multidisciplinary global engineering firm, we are proud to have some of the worlds leading talent working with us. Our team is not only highly skilled, but is also passionate about exceeding client expectations and going above and beyond what is required. Working with global architecture firms to aid in delivering projects using advanced yet cost efficient engineering methodologies while not compromising design standards is integral to KPM and the ongoing success of our key stakeholder relationships for the years ahead.

KPM provides engineering solutions for regional and international projects across a diverse range of sectors. Hospitality ranked as the organisations best-performing sector in terms of the number of projects won and revenue growth in 2022. In 2023, KPM will focus on mixed-use development projects and anticipates these projects will fuel the companys continued growth. Once KPMs Saudi-based office is operational, the organisation plans to open additional offices to support international projects, including one in the UK.

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Global investments in engineering and R&D to grow at 10% CAGR despite downturn – ZAWYA

Dubai, United Arab Emirates Businesses global investments in engineering, and on research and development in the engineering (ER&D) sector, are set to rise strongly over the next five years, expanding at a double-digit compound annual growth rate (CAGR) of 10% up to 2026 despite currently uncertain economic conditions, Bain & Companys latest research reveals.

A ramped-up pace of investment by industry in digital engineering and related capabilities, as businesses accelerate spending on digitalization, is central to the strong projected trend in overall investment. Digital investments are set to register a CAGR of 19% from 2022 to 2026 almost double the overall investment growth rate for ER&D spending, Bains survey of more than 500 senior executives globally shows.

Bain & Companys findings, in its latest Global Engineering and R&D report, reveal that majority of the senior executives surveyed plan to increase ER&D spending despite present economic upsets and turbulence. Industries still planning to increase such spending include automotive and mobility, aerospace and defense, medical devices, advanced manufacturing and services, energy and natural resources and telecommunications.

Companies today view ER&D as a strategic capability that will determine their future success and shape new business models. Investments in ER&D not only improve products but also increasingly reinvent or disrupt parts of the business, said Zurich-based partner Daniel Suter.

ER&D is defined as the wide array of activities aimed at developing new products and services and improving existing ones. Digital engineering refers to the discipline of developing new, connected, and digitally enabled products and services using technologies such as artificial intelligence (AI), machine learning, and cloud computing.

As spending soars, leadership teams are redoubling their efforts to achieve a solid return which is made more challenging in a recession.

During past recessions such as the 20082009 global financial crisis, ER&D spending was more resilient than GDP growth, according to Bains research. And between 2014 and 2021, global ER&D spending grew nearly four times faster than GDP. One explanation is that a large body of ER&D work typically spans longer time horizons and thus tends to be less fungible than other types of spending.

The most successful companies use recession years to out-innovate competitors by acquiring companies at lower multiples, poaching critical talent, and investing in intellectual property and R&D said Suter.

Bridging the talent gap in ER&D

Bains report showed that 73% of ER&D companies report talent gaps, and that divide will widen as baby boomers retire more quickly than new graduates fill their shoes, and mid-career engineers transition to non-engineering roles. Globally, the percentage of engineers quitting their jobs at engineering companies has risen to between 16% and 17%, up by nearly 2 percentage points from three years ago.

Based on our analysis, it seems that the shortage of skilled engineers is a challenge that is not only affecting the Middle East. It is a global problem that will have an impact now and over the coming decade. While leading businesses acknowledge that there is a skill set gap leading to a tight talent market, it is of absolute importance to evolve and enhance engineering roles to attract and retain talented employees, commented Karim Shariff, Partner at Bain & Company Middle East.

Using digital ER&D to create value and improve outcomes for customers

Historically, companies have viewed ER&D as a core function to make products better and cheaper. Today, an emerging group of leaders are putting ER&D and new technologies at the center of their businesses to innovate and reinvent business models. They are moving into outcome-based solutions that allow customers to pay based on agreed results, such as machine uptime.

The risk of technology-based disruption adds urgency to the search for new sources of value creation. Companies in ER&D-heavy industries that do not invest and innovate to improve the customer experience may find themselves rapidly sidelined by nimble rivals, said Suter.

Nearly three-quarters of chief technology officers surveyed by Bain said that shortening time to market is a top priority for engineering departments, while 70% say incorporating novel technologies into products and services is a key priority.

Companies transitioning to new business models have incorporated strategies such as investment in technology e.g. a digital twin to catch errors and reduce time to market; expanding the engineering teams scope across product/ solution lifecycle; cross-functional teams that provide access to strategic assets such as technology expertise to all departments; shift from cyclical product development towards continuous technology development; and an ecosystem of partners to fuel innovation and broaden their capabilities.

Top three outsourcing sectors - industrial manufacturing, automotive, medical devices

Signaling a strategic shift, 60% of companies plan to increase ER&D outsourcing over the next three years, according to Bains survey. Historically, large companies have outsourced about 18% of ER&D work by value. That level is far lower than that in the IT services sector, which went through a similar transformation in the 2000s and now outsources 46% of activities.

In addition to accelerating innovation, outsourcing and offshoring also help leadership teams address chronic talent shortages and mounting cost pressure. Over 80% of the senior executives surveyed report talent gaps in areas requiring digital expertise, including data engineering, data analytics, artificial intelligence, cybersecurity, IoT, and connectivity, but also in other crucial areas such as systems engineering. Underscoring that trend, 73% of respondents said industry or technology expertise is the most important factor in selecting an outsourcing partner. That compares with 59% of respondents who cited cost as the No. 1 factor.

Jawad Abdulsamad, Associate Partner at Bain & Company Middle East, said: Bain's survey has shown that ER&D outsourcing is evolving and will continue to boom over the next three years, specifically in the industrial manufacturing, automotive, medical devices, energy, aerospace and defense sectors. Service providers are now being sought out for new capabilities that companies need. The demand for outsourced work was previously for mechanical and core engineering skills, this has changed and executives are now planning to invest heavily in digital engineering capabilities, with a particular focus on areas such as cybersecurity, IoT, cloud, embedded software, data engineering and analytics.

Finally, the types of projects are changing. Historically, large research organizations have mainly outsourced activities like testing, validation, and compliance while keeping core systems and products in-house. Now, the same companies are outsourcing a wider scope of activities, such as the end-to-end design of products or the development of key components such as combustion engines, traditionally a vital capability of automotive OEMs.

Note: Investments in ER&D include expenses for research, product, engineering, content, technology, and software development, product testing, regulatory and clinical trials, and other ER&D related costs. industry.

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Researchers reveal the hidden costs of drinkable water – Berkeley Engineering

Successful water treatment technologies require a deeper understanding of users challenges

May 4, 2023 by Marni Ellery

Drinking water treatment technologies are typically evaluated for contaminant removal efficiency, capital costs and health impacts, but these narrow metrics do not fully capture why more than 2 billion people worldwide lack safe drinking water. To tackle this problem, researchers at UC Berkeley argue for an assessment of the hidden costs of these technologies, including affordability, labor burden, user acceptance of water treatment within households.

In a perspective published in Nature Water, the researchers illustrate how neglecting these factors underestimates the full costs of drinking water treatment technologies and overestimates the potential for treatment options that require substantial behavior change and time to succeed. In other words, people who most need safe drinking water lack access because their day-to-day burdens economic, physical and mental are not factored into the criteria used to assess the feasibility of different water treatment technologies.

There is a tendency among engineers and academics to think that increasing access to safe water can be solved by developing the lowest cost household-level water treatment product possible, said Amy Pickering, professor of civil and environmental engineering and senior author of the paper. However, this approach often trades capital cost for time, often putting that unpaid time burden of using the product on women who are typically responsible for managing drinking water in the household.

According to the researchers, the hidden costs of safe drinking water, like affordability and labor burden, can be better understood when viewed through the lens of users. For example, terms like low cost and user friendly are not well defined and often are used to describe the technology itself, not the user experience. As a result, water treatment methods touted as low cost and easy to use, such as ceramic filters or chlorine tablets, may not translate into affordable, time-efficient solutions for low-income households.

Despite centuries of technological innovation, safe water access remains limited because current methods to improve drinking water quality ignore critical social factors driving user adoption, said Katya Cherukumilli, lead author of the study and a postdoctoral researcher.

In their paper, Cherukumilli, Pickering and co-author Isha Ray, a professor in the Energy and Resources Group, present a set of user-centric evaluation criteria for water service providers, practitioners, governments and other stakeholders to consider when deciding which drinking water treatment technologies to implement, scale up or take to market.

We wanted to change the paradigm for how drinking water treatment technologies are evaluated and selected for large-scale implementation, said Pickering. We hope that our paper will give governments and other organizations the framework they need to discern the true potential of specific drinking water technologies.

In particular, the researchers want to raise awareness of the gendered nature of water procurement within communities, which is rooted in the idea that fetching water and operating a household water treatment system is womens work. They describe how the time and physical demands placed on women is a cost that must be recognized and evaluated if drinking water treatment programs are going to succeed.

The unpaid labor costs borne by women and girls to use water treatment products are often ignored when water treatment products are chosen, said Ray. Acknowledging the time and gender of the primary duty bearer for water treatment along with assessing effective demand, user acceptance, technical performance and potential health impacts will allow for a more holistic assessment of water treatment tech.

Through this paper, the researchers ultimately hope to steer decisionmakers toward solutions that are more convenient and do not require significant changes in behavior. Such solutions are more likely to be successfully adopted and easily scaled.

We hope that our perspective encourages engineers, researchers and implementers to consider the end user experience when designing, evaluating and installing safe water technologies in communities, said Cherukumilli. Our goal is to shift focus and resources from water treatment methods requiring substantial manual labor to promoting investments in scalable solutions that can be integrated into professionalized and high-quality service delivery.

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Spider-like robotic AI arms can be attached to and controlled by … – Interesting Engineering

A Japanese robotics company called Jizai Arms has engineered a system of spider-like robotic limbs consisting of six arms that can be controlled by the user wearing them. These robotic arms can be attached, detached, or even replaced altogether in order to redefine and revolutionize the way humans interact with robots and artificial intelligence (AI).

Half a century since the concept of a cyborg was introduced, Jizai-bodies (digital cyborgs), enabled by the spread of wearable robotics, are the focus of much research in recent times, states the companys website.

Jizai arms is a supernumerary robotic limb system consisting of a wearable base unit with six terminals and detachable robot arms controllable by the wearer. The system was designed to enable social interaction between multiple wearers, such as an exchange of arm(s), and explore possible interactions between digital cyborgs in a cyborg society.

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CocoNuts win Engineering Inspiration Award at robotics world … – Arizona Daily Sun

After a last-minute qualification, the CocoNuts took home the Engineering Inspiration Award at the FIRST Robotics world competition in April.

The CocoNuts, Coconino High Schools robotics team, qualified for regionals with the last announced award at their final regional competition of the season, only two weeks before the world championships.

They won the Impact Award at the Monterey Bay regionals in California, and advanced to the world championships and as one of 85 spots (out of 620 total teams at worlds) to compete for FIRSTs highest award: the worldwide Impact Award.

The CocoNuts pose with their Engineering Inspiration Award with the Houston skyline in the background.

The Impact Award, previously called the Chairmans Award, recognizes the teams that have most impacted their school and community. Three CocoNuts members developed a seven-minute presentation which they brought to last weeks Flagstaff Unified School Districts board meeting for this part of the competition.

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They then had to register for worlds, arrange travel plans and tune up their robot before driving 18 hours to Houston for the competition. The impact team was practicing their presentation and interview skills on the bus ride , said coach Christine Sapio.

In addition to the robot competition, students on the team had two interviews about their robot and their team.

Its an incredibly life-changing experience for those kids, Sapio said of the championships. About half of them have never been to worlds, and you can just tell they were incredibly blown away and energized. They came back with new ideas, because they get to meet those amazing teams and everything. Theyre coming back with amazing ideas and new goals and new things they really want to do.

The team won the Engineering Inspiration Award at worlds this year an award that recognizes teams for advancing respect for engineering and STEM in their respective community. The team leads STEM fairs at Leupp and Killip elementary schools, and have traveled to Monument Valley High School in Kayenta to participate in another STEM fair.

They also mentor local teams and put on the Arizona FIRST Tech Challenge.

These efforts continue all year.

CocoNuts team members react to winning the Engineering Inspiration Award at the FIRST Robotics world competition in April in Houston.

The week after winning the competition, the team had a booth at the Flagstaff STEM Celebration and traveled to the Arizona State Capitol to raise awareness for robotics programs.

Their enthusiasm for what they do its infectious, Sapio said.

Winning the Engineering Inspiration Award means that, for the first time, the CocoNuts are one of 18 teams that automatically qualified for next years world competition.

That doesnt mean the team will be slowing down, Sapio said.

They are already making plans to attend a national advocacy conference in June, and the teams builders and drivers are testing ideas for next years robot.

Their goal for next year, she said, is to make as many wildcards as possible.

In robotics competitions, a wildcard happens when a team that has already qualified for worlds wins a qualifying competition or an award. This then allows a different team to qualify in their place. For example, if the CocoNuts were to win an Impact Award at next years regionals, the team would then create a wildcard team rather than qualifying twice.

Their new goal is to not stop, not rest on that accomplishment or anything, she said. ... To still keep that drive and that passion and continue to grow and continue to become a better team and to really continue building that passion and building that impact so that even though were already qualified that we would still work towards being one of those teams thats worthy of recognition again.

This panorama photograph of the FIRST Robotics world competition in April shows where Coconino High School's team, the CocoNuts, won the Engineering Inspiration Award.

The CocoNuts have so far qualified for worlds every year that theyve competed. This is the first year, however, the team has earned an automatic qualification.

That means more pressure in some ways.

There are a lot of really competitive and excellent teams that dont make it in every year, and so to be able to say we made it every year, its a really rare thing, Sapio said, adding that she was thankful for the community support in Flagstaff. Its a lot of hard work, and its a real testament to the passion and the dedication of these kids, because as weve gone further and further in this program there are more and more teams that are just doing incredible things that deserve recognition.

A recording of the CocoNuts presentation to FUSDs board is available online beginning at about one hour and 45 minutes. More about the CocoNuts, including ways to make a tax credit donation to the team, can be found at fusd1.org.

The CocoNuts pose for a photo immediately after winning the Engineering Inspiration Award at the FIRST Robotics world competition in April in Houston.

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UCLA Engineering 2023 Award Recipient Alumnus of the Year – UCLA Samueli School of Engineering Newsroom

For nearly 40 years, Timothy Frei has exemplified the very best of the UCLA Samueli School of Engineering. He is a veteran technology executive with aerospace and defense industry giant Northrop Grumman. As a Bruin engineer, he has also been an active contributor to his alma mater.

Since 2013, Frei has served as a member of UCLA Samuelis Deans Advisory Council, which evolved into the Deans Corporate Advisory Board (DCAB) in 2016 when he became chair of the board. He has also served on the Deans Executive Board since 2017, and in these two roles, he has led an extraordinary group of high-level executives in meaningful partnerships with the school to groom the next generation of engineers and computer scientists who can meet the growing demand of industry.

As chair of DCAB, Frei has been a key collaborator in spearheading the boards efforts to support the top strategic goals of the school providing critical leadership, facilitating meaningful conversation and guiding the direction of this significant industry-academia partnership toward outcomes with distinct and impactful results. His thoughtful considerations and acute understanding of the issues facing higher education and industry in science, technology, engineering and mathematics have been invaluable to the UCLA Samueli community. Thanks to his efforts, Northrop Grumman has supported many of the schools programs and initiatives, including those launched by Women in Engineering at UCLA, the Center for Excellence in Engineering and Diversity, and the UCLA Samueli Transfer Center.

Frei has had a long and illustrious career with Northrop Grumman. In addition to his current role as sector vice president of Research & Advanced Design at Northrop Grumman Aeronautics Systems, he previously served as sector vice president of Strategy and Business Development at Northrop Grumman Aerospace Systems, and as sector vice president of the firms Global Strategy and Mission Solutions. He also served as vice president and general manager of the Space Systems ISR, Communications Systems and Advanced Systems business units. He held other engineering and leadership positions at Northrop Grumman, with experience spanning more than 25 different air and space programs in 15 mission areas, covering all phases of engineering from concept definitions, to design, production, integration, test, launch and operations.

A double alumnus of UCLA, Frei has earned a bachelors degree in aerospace engineering and a masters degree in mechanical engineering with an emphasis in applied dynamic systems control. In addition, he completed the UCLA Executive Program in 2001 at the Anderson School of Management and is a chartered financial analyst.His wife of 36 years, Lisa, is also a UCLA alumnus.

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10 Best JDM Sports Cars That Showcased Japanese Engineering … – HotCars

When it comes to engineering brilliance and technological marvels for the time, there aren't many who do it better than the Japanese companies. The big Japanese manufacturers have always been right at the leading edge of the curve (or even ahead of it!) when it comes to innovation in cars. Some of those cars managed to achieve that through having unique engine designs, such as the rotary engine. Others were packed full of technology that many other cars didn't adopt until several years later. A rare few actually managed to combine both of these!

The JDMsports cars from this list come from most of the big manufacturers you'd expect. There's also one in there from a manufacturer you absolutely wouldn't expect to have built a sports car! What they all have in common, though, is being known for being showcases of how brilliant Japanese engineering can be.

The Nissan Skyline GT-R is one of the most famous JDM sports cars ever. Perhaps the most iconic out of all the generations is the R34. This car was introduced to the world via the Fast & Furious series of movies, etching itself a place in popular culture. It's also one of the most technologically advanced sports cars of its day. It had an intelligent AWD system that included a limited-slip differential, and it had a multi-function display unit that could show you almost any kind of data about the car that you wanted. The R34 GT-R could even let you record your own lap times, something which wasn't a feature on many out-and-out sports cars until years later!

When people treat the R34 Skyline GT-R like the JDM legend that it is, there's a very good reason for it. It really was a technological marvel for its time. The R34 GT-R being such an incredible sports car is solid proof that Japanese engineering is some of the best in the world.

RELATED: Here's What We Love About The Nissan GTR R34

Mazda has produced many rotary-engined cars over the years. The Cosmo was the first of these, and it set the stage for what was to come. While the rotary engine may have been invented by a German, it was the Japanese who managed to make it a solid enough unit to use in a production car. Other cars had used the rotary engine before and since, but those always ended up as dead ends. These cars would either be hopelessly unreliable, or too expensive to run for most people to stomach. Mazda solved a lot of issues with Dr. Felix Wankel's design and, while it still had quirks and flaws as an engine, it was actually reliable enough to put it in the Cosmo.

The Cosmo isn't packed full of brilliant technology. But, it is a great example of Japanese engineering brilliance. Mazda managed to take such an odd engine design that had been rejected by most of the automotive establishments, and they actually made it work!

The 300ZX is a Nissan that sometimes goes forgotten by the car community in general. It isn't forgotten by those of us who love JDM stuff, though! The 300ZX was another one of those Japanese sports cars that was packed full of as much technology as they could shove into it. One of the big pieces of advanced tech the 300ZX had was four-wheel steering. This allowed the rear wheels to steer a little along with the front wheels, improving the car's handling and stability at higher speeds.

The 300ZX may be a little bit forgotten in the general sports car world, but it is incredibly desirable to JDM enthusiasts. That legendary status in the JDM world is well-earned, as the 300ZX is a great example of Japanese engineering creating something brilliant.

The Mitsubishi 3000GT VR4 gets forgotten a lot, even among those who are proper JDM enthusiasts. But, it really shouldn't be. The range-topper of the 3000GT model lineup was packed full of innovative technology for the time. It had an intelligent AWD system, four-wheel steering, active aerodynamics (via front and rear spoilers that automatically adjusted), and adaptive suspension. Quite a few of these were features that only regularly appeared on road cars 10 or more years after the 3000GT VR4 first appeared!

The 3000GT VR4 is one of the lesser-known cars in the sports car world. Whether that's due to it being a Mitsubishi instead of a more known make like Toyota or Nissan could be up for debate. But, it is a brilliant example of how great and forward-thinking Japanese engineering was during the '90s. It's also a bit of a used car bargain, so it might be a good idea to get one now before the prices shoot up!

The Maxda RX-7 is one of the most iconic JDM sports cars. That's especially the case with the FD generation, thanks to how much it endured in popular culture through the Fast & Furious franchise and Initial D. The RX-7 took Mazda's rotary engine to what many enthusiasts consider its zenith, adding twin-turbochargers to the perennial twin-rotor design Mazda had been using since the first Cosmo. This engine could produce up to 261 hp, which gave the RX-7 plenty of grunt considering it only weighed around 2,932 lbs at most!

The RX-7 isn't a technological marvel like some of its peers. It was supposed to be a fairly simple out-and-out sports car. But, it was powered by one of the ultimate developments of the rotary engine. That alone makes it worthy of being a triumph of Japanese engineering.

There's a good chance that you might not have heard of the Mazda Eunos Cosmo. That's understandable, as it was never sold outside of Japan. But, it's a car people should know more about, because it was a technological marvel for its time. It's one of the few production cars to feature a triple-rotor rotary engine, and it had a very early example of what's now known as an infotainment system. This Car Communication System (as it was called back then) used a CRT touchscreen to control everything from the radio to the climate controls to the built-in GPS.

Unfortunately, the Mazda Eunos Cosmo is getting rarer and rarer. Enthusiasts seem to value its engine much more than anything else, and many of them have been cannibalized so that their triple-rotor power unit can be dropped into other cars as an engine swap. In some ways, that's a huge shame, as the Eunos Cosmo is a brilliantly quirky car that was on the cutting edge of technology for what you could find in a production car back in the '90s. It's a lesser-known example of how great Japanese engineering can be, but one that's still worth highlighting.

RELATED: 10 Reasons Why Gearheads Should Consider The Mazda Eunos Cosmo

The Honda NSX often gets forgotten in the wider world of supercars. But, when it comes to JDM enthusiasts, it's one of the most legendary cars out there. Honda designed the NSX to be a bit different from the typical supercars of the '90s. As a result, it wasn't anything special when it came to performance. But, that performance was much more accessible to the driver than it was in other supercars of the era.

The Honda NSX wasn't the fastest or the most technologically advanced supercar of its day. Its European rivals were more exciting to drive, and other Japanese sports cars had more fancy tech. But, it was a supercar that you could genuinely live with as a daily driver. That makes it a proper engineering triumph, as a properly useable supercar is one of the hardest things to create.

Many of you may not know that Yamaha actually built a sports car. But, they did, and the result was the OX99-11! This car was an attempt to use engineering wisdom from the world of Formula 1 to create an awesome road-legal supercar. It was powered by a 3.5-liter Yamaha-developed V12 that produced 400 hp and revved to an insane 10,000 rpm! This engine was originally designed for the Brabham Formula 1 team. It also shared its carbon fiber chassis with a Formula 1 car! The body and design of the car were inspired by Group C race cars and featured a very unusual canopy door.

Unfortunately, the OX99-11 never went into production. But, the prototypes are still running to this day, and you can very occasionally see them out in the wild at track events! The fact that a car like this exists at all is a testament to how great Japanese engineering can be. It's also a testament to how engineering from the world of motorsport can be used to create something truly special.

The Lexus LFA is perhaps one of the most legendary supercars to have ever come out of Japan. There's a very good reason for this, as it truly was an engineering marvel. Perhaps the most impressive part of the LFA is its incredible V10 engine. This engine was developed by Yamaha, and the exhaust was created by people from Yamaha's music division to make it sound as great as possible. That's something those engineers from the music division definitely achieved, as the LFA is widely regarded to be one of the best-sounding cars ever made!

The Lexus LFA has since passed into legend as one of the greatest supercars ever made. It's really not hard to understand why that's the case. This may very well be one of the greatest automotive creations to ever come out of Japan, and it wouldn't be as amazing as it is without all the brilliant engineering that went into it.

RELATED: How Lexus Created The Ultimate Supercar With The Overengineered LFA

The R390 is perhaps one of the oddest and least well-known cars Nissan has ever made. This car was designed with one purpose in mind, as a homologation special so that Nissan could go racing in the GT1 class of sports car racing. For this, Nissan partnered up with Tom Walkinshaw Racing, a proven winner at anything to do with sports cars. Powered by a 550 hp 3.5 liter twin-turbo V8 and only weighing 3,175 lbs, it had everything to be an absolute performance rocket. That's something it certainly achieved, with one of the racing chassis coming 3rd overall in the 1998 24 Hours of Le Mans. Interestingly, it was also designed by legendary car designer Ian Callum during his time at TWR!

Even though Nissan was technically supposed to put this car into production, it never actually did. They only needed to build one R390 to technically fulfill the regulations. So, that's exactly what they did. They built one car and never built any more of them. That's had the side effect of making the R390 potentially one of the most valuable cars in the world, as it really is one of a kind! It's also yet another great example of Japanese engineering, as the R390 was genuinely fast when it took to the track.

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CPR-Therapeutics’ Announces Dave Gaddy as Their First Chief … – EIN News

CPR Therapeutics Inc. (CPR-T), an early-stage medtech startup company, announced that Dave Gaddy has joined as its first Chief Engineering Officer.

Norman Paradis

Norman Paradis MD, CPR Therapeutics Founder and CEO said We are tremendously excited to have Daves expertise. His background in engineering and biomedical device development are a perfect fit for our technical and regulatory challenges. Our chances of success increase significantly with him as a member of our team.

Asked to share his perspective on CPR Therapeutics Inc. and his new position, Dave Gaddy responded Although I have had the opportunity to develop a number of innovative medical devices at my previous positions, I have always wanted to be part of the initial leadership team at an early-stage company taking on a major problem with a potentially impactful new technology. CPR Therapeutics Inc. gives me just that opportunity and then some.

Dr. Paradis went on: Daves first priority will be our NIH-NSF testbed which we will use to elucidate the optimal pattern of multimodal CPR. And almost immediately, he will start project development for our first clinical device, a cathlab version of our core vest technology for early FDA 510K clearance.

CPR Therapeutics Inc. CPR Therapeutics Inc. is a medical device start-up company developing the first advanced technology automated CPR system that integrates and synchronizes multiple technological innovations into a single system that can be easily applied under emergency conditions. The Company believes that this technology will, for the first time, demonstrate clinically significant improvements in intact survival after sudden death. The largest killer in Western Countries. Info@CPRTherapeutics.com

DISCLAIMER: The information provided pertaining to CPR Therapeutics Inc. ("CPR-T" or the "Company"), its business assets, strategy and operations is for general informational purposes only and is not a formal offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction and its content is not prescribed by securities laws. Information contained in this presentation should not be relied upon as advice to buy or sell or hold such securities or as an offer to sell such securities. This presentation does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. While the information in this presentation is believed to be accurate and reliable, CPR-T and its agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy of such information and CPR-T expressly disclaims any and all liability that may be based on such information or errors or omissions thereof. CPR-T reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof.

Christine CouturierCPR Therapeutics Inc.+1 802-387-2717email us hereVisit us on social media:LinkedIn

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May 08, 2023, 14:18 GMT

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CPR-Therapeutics' Announces Dave Gaddy as Their First Chief ... - EIN News

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Grid Dynamics: Leading the Way in Digital Engineering and IT … – Best Stocks

Grid Dynamics: A Leading Provider of Digital Engineering and IT Services

May 8, 2023 Grid Dynamics Holdings, Inc (NASDAQ:GDYN) is a leading provider of digital engineering and information technology services that help businesses become more agile and innovative. It specializes in delivering complex technical consulting, software design, development, testing, and internet service operations to various industries. The companys deep expertise in emerging technologies such as AI, data science, cloud computing, big data, and DevOps allows it to create cutting-edge digital experiences for its clients.

Despite its impressive services portfolio and solid financial fundamentals, Grid Dynamics had its price target cut by stock analysts at Cantor Fitzgerald from $20.00 to $17.00 in a report released on Friday. However, Cantor Fitzgeralds target price still indicates a potential upside of 80.08% from the companys current price.

On May 4th this year, Grid Dynamics last announced its earnings results reporting $0.08 earnings per share for the quarter; meeting analysts consensus estimates. The firm had revenue of $80.08 million during the quarter compared to analyst estimates of $79.62 million. Grid Dynamics had a negative net margin of 9.41% but still maintained a positive return on equity of 12.44%. During the same period in the prior year, the business earned $0.10 EPS.

Despite the pandemic-induced economic slowdown faced by many companies around the world last year; Grid Dynamics managed to stay resilient through effective adaptation to remote work while continuing to fulfill client requirements to meet demand growth opportunities fully.

In conclusion, Grid Dynamics has demonstrated solid innovation-driven performance guided by quality processes now benchmarked for standard excellence across its numerous projects with Fortune Global 500 firms globally till date; investing heavily in continuous upskilling programs for staff at every level continually staying ahead of emerging industry needs has also positioned it well as a leader in digital engineering and IT service provision.

Grid Dynamics Holdings, Inc. continues to make headlines as it provides digital engineering and information technology services to help organizations become more agile and innovative. Recently, the company has been the subject of multiple reports from leading firms in the investment community. Needham & Company LLC reaffirmed a buy rating with a $20.00 price objective on shares of Grid Dynamics while Citigroup gave a buy rating and also lifted their price target from $18.00 to $19.00 on Friday, February 24th. Despite these positive reports, TheStreet lowered Grid Dynamics rating from a c to a d+ in its own research note on Thursday, April 6th.

The market reacted negatively to TheStreets downgrade as GDYN stock traded down $1.86 during midday trading on Friday, hitting $9.44 per share; however, the company still boasts an average volume of 380,198 shares compared to around 932,988 shares traded on that specific day.

Moreover, Grid Dynamics CEO Leonard Livschitz sold 74,296 shares of the companys stock at an average price of $11.82 for a total transaction amounting to $878,178.72 according to records disclosed by SEC filing available through its website dating March 7th earlier this year.

Despite facing some bumps along the way, Grid Dynamics remains strong as it strives to continuously deliver focused and complex technical consulting services such as software design and development testing along with internet service operations catering to emerging technologies like AI (Artificial Intelligence), data science or cloud computing providing exceptional value in todays digital landscape.

Additionally, several institutional investors and hedge funds have taken interest recently in investing in GDYN with MCF Advisors LLC buying new stakes worth around $31k while UBS Group AG lifting its holdings by acquiring extra shares for around $43k during Q3 last year spurring confidence further towards Grid Dynamics and its ability to make an impact in the world of digital services.

In conclusion, Grid Dynamics is a company to watch as it continues to provide exceptional value with its technical consulting services while demonstrating strong resilience despite facing some recent setbacks in the market. Its expertise in emerging technology like cloud computing, AI, data science aims at delivering innovative and agile digital experiences that help organizations grow and evolve providing real-world solutions for complex problems.

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National association honors PVAMU professor for impact on … – Prairie View A&M University

Mohamed Chouikha, Ph.D.

CHICAGO (May 4, 2023) Each year, the Electrical and Computer Engineering Department Heads Association Awards Committee gathers nominations for individuals who have greatly impacted the organization and the Electrical and Computer Engineering field.

This year, Mohamed Chouikha, Ph.D., executive professor of electrical and computer engineering at Prairie View A&M University, received the 2023 Robert M. Janowiak Outstanding Leadership and Service Award.ECEDHAs Robert M. Janowiak Outstanding Leadership and Service Award honors individuals with a strong record of spearheading efforts to improve ECE and serving as role models for others.

At a personal level, I am very humbled with such an honor. At a professional level, to be the one selected for this prestigious award by my peers from all over the USA and Canada is very rewarding. I am very grateful to be a member of a great institution Prairie View A&M University and thankful for the support of my colleagues, said Chouikha, who recently was awarded over $500,000 from the National Science Foundation for his research.

Dr. Chouikhas career is a testament to the power of commitment to education. For over 30 years, he has worked at Historically Black Colleges and Universities, where he has committed to ensuring that students at Minority Serving Institutions receive a world-class education.

He has been with the Department of Electrical and Computer Engineering in PVAMUs Roy G. Perry College of Engineering since 2018. In addition to the role of executive professor, today, Chouikha serves as chief scientist and executive director of SECURE Cybersecurity Center of Excellence. He continues to focus on enhancing the recruitment and retention of underrepresented minorities in engineering.

As a founding participant and a board member of the Inclusive Engineering Consortium, Chouikha has worked to advance the mission. The overall goal of the IEC is to produce a larger and better-prepared pool of African-American, Hispanic, and Native American ECE graduates.

With the help of Dr. Chouikha, the IEC has 21 ECE departments that serve more than 200 faculty and 5,000 students across the nation.

While presenting the award, John Janowiak, executive director of ECEDHA, remarked, Mohameds commitment to [diversity, equity and inclusion] is significant and recognized by many in the ECE community. He reminds us to focus on the humanity of others in order to create a more inclusive and promising future.

-PVAMU-

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