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CP Technologies celebrates grand opening in Prescott

CP Technologies celebrates grand opening in Prescott
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CP Technologies Opens New CP North American Headquarters and Manufacturing Facility in Prescott, Arizona

CP Technologies Opens New CP North American Headquarters and Manufacturing Facility in Prescott, Arizona Delegation including Arizona Governor Ducey and Prescott Mayor Greg Mengarelli Welcomes the CP North American Family of Brands to the State News provided by Share this article Share this article PRESCOTT, Ariz., June 9, 2021 /PRNewswire/ CP Technologies, a designer and manufacturer of standard and custom rugged computer hardware, announced it opened the newly constructed CP North American headquarters at 2620 Deep Well Ranch Road in Prescott, Arizona in a ribbon cutting ceremony held today. The 50,000 square-foot facility is home to the CP North America family of brands including CP Technologies, CP Aeronautics and CP Systems.

Magal Security Systems Ltd Reports First Quarter 2021 Financial Results

Share this article YEHUD, Israel, May 24, 2021 /PRNewswire/   Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three months ended March 31, 2021. Management will hold an investors conference call later today (at 10 am Eastern Time) to discuss the results. FIRST QUARTER 2021 HIGHLIGHTS: Entered into an asset and share purchase agreement for the sale of the Integrated Solutions division to Aeronautics Ltd. for $35 million ( closing expected in June 2021), representing value of $1.51 per share; accordingly, Magal s Integrated Solutions division results are excluded from results from continuing operations. Strong cash position of $25.9 million, or $1.12 per share, as of March 31 st 2021 with no debt.

The Worldwide Hydrogen Aircraft Industry is Expected to Reach $1 4 Billion by 2025

Share this article Share this article ResearchAndMarkets.com s offering. The hydrogen aircraft market is estimated to be USD 143 million in 2020 and is projected to grow from USD 1,411 million in 2025 to USD 7,427 million by 2030, at a CAGR of 28.9% from 2025 to 2030. The aviation industry contributes significantly towards carbon emissions with approximately 2.5% of the global CO2 emissions. Since the massive reduction of air traffic due to COVID-19, industry stakeholders are making efforts in the decarbonization of the aviation industry. This is of concern for governments in the European Union (EU) particularly Germany, UK, and France. Governments of these nations have formulated their own National Hydrogen Strategies with a focus on the decarbonization of transportation and aviation.

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