TOKYO, Sept 19, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has renewed CO2MPACT™ series, which has been commercialized for decarbonization of a wide range of industries. The new model adopts a mass-produced full-module concept based on standard design as a middle size of CO2MPACT™. By maximizing the module ratio, it is possible to improve the efficiency of on-site fieldwork and shorten the construction period, which occupies a large volume of conventional plants delivery time.The new model, "CO2MPACT™ Full-Module," will be able to propose the optimum capacity of captured CO2 according to the flue gas from customer's facility in the range of 1 to 200 tons/day. In addition, more than 90% of the equipment is modularized into the container size or prefabricated in a workshop. As a result, the work volume at construction site will be greatly reduced, especially the on-site welding work, by 95%. CO2MPACT™ Full-Module inherits its development concepts such as "easiness," "lightness," "moving fast," and "simple,". Going forward, MHI Group will further strengthen the customer support package, encompassing everything from initial planning to after-sales servicing, through the lineup with "CO2MPACT™ Mobile," which has already been delivered for demonstration tests in various industrial fields.MHI Group will also exhibit at CCUS WORLD, the first large-scale carbon dioxide capture, utilization and storage (CCUS) exhibition in Japan, to be held from Wednesday, October 2 to Friday, October 4, at Makuhari Messe, Chiba, and introduce the concept of the CO2MPACT™ series and CCUS value chain, one of the Group's future growth areas, by using digital materials. In the exhibition, on Wednesday, October 2, Tatsuto Nagayasu, Senior Vice President (CCUS) of GX (Green Transformation) Solutions, will give a keynote speech on "CCUS Growth Strategy of Mitsubishi Heavy Industries Medium-Term Business Plan."MHI Group has formally declared its intent to achieve carbon neutrality by 2040, and the Company is now working strategically to decarbonize both the energy demand and supply sides. A core element of the Company's "Energy Transition," which targets decarbonization on the energy supply side, is the development of a CCUS value chain integrating diverse sources of carbon emissions with modes for carbon storage and utilization. Going forward, MHI Group will continue to proactively promote its CCUS business worldwide, applying its proprietary CO2 capture technologies, contributing as a solutions provider to reducing greenhouse gas emissions on a global scale, and developing further solutions that contribute to environmental protection.About MHI Group's CO2 capture technologiesMHI Group has been developing the KM CDR Process™ (Kansai Mitsubishi Carbon Dioxide Recovery Process) and the Advanced KM CDR Process™ in collaboration with the Kansai Electric Power Co., Inc. since 1990. As of September 2024, the Company has delivered 18 plants adopting these processes. The Advanced KM CDR Process™ adopts the KS-21™ solvent, which incorporates technological improvements over the amine-based KS-1™ and offers superior regeneration efficiency and lower deterioration than the KS-1™, and it has been verified to provide excellent energy saving performance, reduce operation costs, and result in low amine emissions.For further information on MHI Group's CO2 capture plants: www.mhi.com/products/engineering/co2plants.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 19, 2024 - (JCN Newswire via SeaPRwire.com) - Hitachi Industrial Products, Ltd. ("Hitachi Industrial Products") has commercialized the world's first(1) copper die-cast(2) rotor(3) for railway traction motors as light weight of rotor. By adding weight-reduction technology to the high-efficiency technologies that Hitachi Industrial Products already possesses, we will contribute to further energy savings and reduced environmental impact of railway vehicle operation.Internal structure of traction motor with copper die-cast rotorTo further reduce the weight of rotors, a component of traction motors, Hitachi Industrial Products has developed a copper die-cast rotor for railway traction motors.The copper die-cast rotor is manufactured by die-casting copper, a conductor, and is approximately 15 kg lighter in weight than conventional rotors in which copper bars and end rings(4) are brazed together ("copper bar type"). Going forward, this new rotor will be applied to railway projects.(1) According to our research (using copper die-cast rotors in traction motors for railway vehicles)(2) Die casting: A casting method in which molten metal is poured into a mold, and shaped under pressure.(3) Rotor: A rotating part that constitutes a traction motor. Here, this refers to a squirrel-cage rotor.(4) End ring: A ring material that electrically connects and shorts both ends of the rotor conductor copper bars. Copper or brass is applied.Development BackgroundHitachi Industrial Products' conventional lineup of traction motor rotors consists of two types: the copper bar type, which is constructed by inserting a rod-shaped copper bar into a slot in the iron core, and the aluminum die-casting type, which is manufactured by die-casting an aluminum conductor.In order to contribute to the realization of a carbon-neutral society, we are promoting the improvement of the efficiency of traction motors.For our highly efficient products, we use copper bar type rotor conductors made of copper material, which has lower losses than aluminum.To achieve both efficiency and weight reduction, we considered adopting the copper die-casting, and could reduce the number of parts by simplifying the structure while maintaining the efficiency achieved by using copper material. However, because the melting point of copper (approximately 1086°C) is higher than that of aluminum (approximately 660°C), the temperature of the molten copper becomes very high, making it extremely difficult to cast with good quality. In addition, because the rotor is intended for traction motors for railway, die-casting into larger rotors is necessary, which was an issue.By applying the aluminum die-casting technology it has cultivated to copper, repeatedly prototyping and verifying copper die-cast rotors over several years, Hitachi Industrial Products established suitable design and verification methods for railway vehicle traction motors, developed and commercialized high-quality copper die-cast rotors.Exhibitionat "InnoTrans 2024, the International Railway Technology Trade Fair"The copper die-cast rotor will be exhibited at the International Railway Technology Trade Fair - InnoTrans 2024, which will be held in Berlin, Germany from Tuesday, September 24th to Friday, September 27th, 2024. For more information, please visit the Hitachi Industrial Products website: "Exhibiting at the International Railway Technology Trade Fair - InnoTrans 2024" (https://www.hitachi-ip.com/news/20240904.html)About Hitachi Industrial Products, Ltd.Hitachi Industrial Products contributes to improving social, environmental values of our customers throughout the product business in Connective Industries sector in Hitachi that digitally connects products in a wide range of fields such as industrial distribution, water infrastructure, healthcare, home appliances, air conditioning systems, measurement, analysis systems, and building systems. For details, please visit the Hitachi Industrial Products Ltd. website (www.hitachi-ip.com/) Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sept 19, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701), a leading global IT and network transformation services provider, has been recognized as a Juniper Partner of the Year for 2023 in the category of Worldwide SP Partner (Top SP Alliance & SP Channel) by Juniper Networks, a leader in secure, AI-Native Networks. Each year, Juniper recognizes partners based on their ability to drive innovative, AI-Native business solutions, providing exceptional customer and user experiences, while achieving their financial goals. As a result of sustained business expansion globally, NEC has proudly earned this distinguished award for the fifth year in a row.NEC was recognized in the category of Worldwide SP Partner for its global ability to lead customer success by modernizing transport, data center and enterprise networks through its system integration of Juniper’s AI-Native technologies. The integration is offered by NEC Global Transport Network Centers of Excellence (CoE) in collaboration with Juniper from the R&D phase, including product validation in NEC's multi-vendor laboratory, to offer advanced services such as network optimization.As a leading global partner of Juniper, NEC has embraced the growing capabilities of AI-Native networks and is expanding its focus to include AI/Automation across all network domains. This strategic shift aims to accelerate the optimization of the total cost of ownership (TCO) of networks while enhancing the network experience for the customer. By leading network transformation on a global scale, NEC and Juniper are committed to creating exceptional digital user experiences in the era of AI.Juniper’s 2023 Partner of the Year Awards are part of the new windowJuniper Partner Advantage Program (JPA). The program not only recognizes partners for their outstanding performance in delivering digital transformation to customers, but also helps partners build, sustain, and grow their Juniper Practice with the right support and tools to leverage the next generation of networking solutions."NEC has been a reliable and valued partner of Juniper for many years, consistently delivering exceptional service to customers. This award honors NEC's dedication to innovation using Juniper’s AI-Native Networking solutions. We are excited to continue pushing the boundaries of innovation even further together through AI optimization," said Gordon Mackintosh, Senior Vice President, Juniper Partner Organization & Commercial Sales at Juniper Networks"NEC is delighted to receive this prestigious award as a top Worldwide Partner for the fifth consecutive year. As a global partner, we actively develop joint solution strategies and continuously enhance our expertise in Juniper’s solutions. We are fully committed to providing our customers with the unparalleled service experience that is enabled by AI-Native Networking," said Masayuki Kayahara, General Manager, Service Provider Solutions Department, NEC CorporationAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

Kawasaki and Tokyo, Sep 19, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited (1) (Fujitsu) and Stellar Science Foundation (SS-F), a General Incorporated Association (2) have entered into a partnership focused on discovering and supporting the next generation of scientific researchers and fostering the creation of cutting-edge research topics. Through this partnership, Fujitsu will contribute funds to SS-F to support the creation of a unique scientific research ecosystem that promotes collaboration and interaction among researchers. Additionally, the partnership will support the development of young researchers by facilitating exchange between the SS-F researcher community, already engaged in innovative discoveries and inventions, and Fujitsu's researchers, engineers, and business unit. This initiative will further drive joint technological research and innovation.Figure 1: Striving to foster collaborative research and innovation through the co-creation of an ecosystem that transcends organizational and domain boundaries.Since its establishment in 2019 SS-F has been actively working to build an ecosystem based on the "People-Centric" philosophy, aiming to foster connections and exchange between individual researchers across corporate, organizational, and disciplinary boundaries, continuously generating new research focuses and discoveries.Fujitsu, a global leader in advanced technological fields such as quantum computing and AI, operates Fujitsu Research, home to numerous researchers. In addition to supporting the development of Japanese researchers, Fujitsu has been promoting innovation and addressing societal challenges through interdisciplinary collaborations, including industry-academia partnerships such as the Fujitsu Small Research Lab (3).Through this partnership, Fujitsu and SS-F aim to strengthen support for young researchers in Japan and contribute to the advancement of Japan's scientific and technological capabilities.The first collaborative venture, a retreat and networking event for the SS-F researcher community took place on August 22nd and 23rd, with researchers from Fujitsu Research participating. During the discussions and workshops at the retreat, there was an active exchange of ideas between Fujitsu and SS-F community researchers, generating new insights necessary for the societal implementation of research and innovation.This new partnership will continue to contribute to the creation of next-generation innovations through collaborative events and programs that leverage the strengths of both organizations.Partnership OverviewFujitsu's Contribution to the SS-F Fund and Support for SS-F Operations- Fujitsu will make financial contributions to the SS-F Fund. This fund will be used for building the scientific research ecosystem established by SS-F.- Fujitsu will enthusiastically support SS-F's activities as a major contributor.Planning and Implementation of Collaborative Projects- Research collaboration between the SS-F researcher community, known for its innovative discoveries and inventions, and researchers at Fujitsu Research.- Joint hosting of events for young researchers and students to learn cutting-edge research activities.- Joint hosting of events to promote cross-disciplinary exchanges among researchers and business professionals from various fields, aiming for new collaborations and joint research.- Development of a joint mentorship program between Fujitsu and SS-F to support the research and careers of young researchers.Comment from Dr. Takanori Takebe, Representative Director, SS-FWe are truly honored to announce our partnership with Fujitsu. Under our "People-Centric," philosophy where connections are born from people, and spread by people, we have been dedicated to creating an environment where individual researchers can collaborate beyond organizational and disciplinary boundaries to generate new discoveries, inventions, and innovations.With the support of Fujitsu, which possesses world-leading research and development capabilities, we are confident that this partnership will foster even greater interactions among diverse talents and lead to the emergence of new seeds of innovative. Through this partnership, we aim to accelerate the discovery and growth of the next generation of researchers, and collaboratively pave the way for disruptive inventions that transcend borders and fields.We look forward to realizing our People-Centric philosophy through upcoming collaborative projects and generating pioneering examples that will have a significant global impact.Comment from Hidenori Furuta, Non-Executive Chairman, Fujitsu LimitedWe are very pleased to announce our collaboration with SS-F. We strongly support SS-F's activities and vision, which aim to address Japan's challenge of declining scientific capabilities by powerfully supporting outstanding young researchers in making discoveries that go beyond individual imagination and generating insights that surpass collective intelligence through collaboration. We believe in the power of science and are committed to tackling significant global advancements alongside SS-F.We also view the development of new research themes and business ventures beyond the extension of our existing businesses as critically important. We hope that this collaboration will lead to solutions for societal challenges and become a cluster that fosters the creation of new business.[1] Fujitsu Limited :Headquarters: Nakahara-ku, Kawasaki City, Kanagawa Prefecture, JapanRepresentative Director and CEO: Takahito Tokitahttps://www.fujitsu.com/global/[2] STELLAR SCIENCE FOUNDATION :Headquarters: Chuo-ku, Tokyo, JapanFounder/ Representative Director: Takanori Takebehttps://ss-f.org/en/homepage-en/[3] Fujitsu Small Research Lab :An initiative where Fujitsu researchers are stationed or reside long-term within universities to accelerate collaborative research, discover new research themes, develop talent, and build long-term relationships with universities.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About the Stellar Science Foundation (SS-F)SS-F is a Japan-based organization aimed at building a system that promotes the sustainable generation of disruptive discoveries and inventions by focusing on the power of people in science. SS-F seeks to revitalize Japan's scientific research, promoting freedom in research activities of scientists to enable them to create discoveries and inventions that will change the world and contribute to human society. Find out more: https://ss-f.org/en/homepage-en/.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesFigure 1: Striving to foster collaborative research and innovation through the co-creation of an ecosystem that transcends organizational and domain boundaries. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sep 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group; Kawasaki Kisen Kaisha, Ltd. ("K" LINE); Mitsui O.S.K. Lines, Ltd. (MOL); Nihon Shipyard Co., Ltd., a joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation; Nippon Yusen Kabushiki Kaisha (NYK Line); Mitsui & Co., Ltd.; and Mitsubishi Corporation have jointly acquired Approval in Principle (AiP)(1) from the American Bureau of Shipping (ABS) and Nippon Kaiji Kyokai (ClassNK) for two types of low-pressure type liquefied CO2 (LCO2) carriers under their joint development. A presentation ceremony took place on September 17 at the George R. Brown Convention Center, the venue of Gastech 2024, a major international conference on global energy and environmental issues, including natural gas, liquefied natural gas (LNG), and hydrogen, held in Houston, Texas.Demand for LCO2 carriers is expected to grow in tandem with various CCS (Carbon dioxide Capture and Storage) projects involving the transportation of CO2 captured in Japan to storage sites located oversea. Recently, Mitsubishi Shipbuilding, Nihon Shipyard, Mitsui & Co. and Mitsubishi Corporation have collaborated to achieve standardization of LCO2 carriers suited for use by multiple projects, and to establish a supply chain in order to build and supply LCO2 carriers consistently within Japan, which would contribute towards the realization and improvement of economic efficiency of CCS value chains. These initiatives have led to the acquisitions of two AiPs in collaboration with three major Japanese shipping companies: "K" LINE, MOL and NYK Line.The two LCO2 carriers that received AiP certifications are low-pressure type 50,000m3-class and 23,000m3-class vessels developed for long-distance ocean voyages. The AiP certifications assume the use of appropriate cargo tank material as a replacement for the nickel steel previously considered. Additionally, post welding heat treatment (PWHT)(3), one of critical issues in establishing the cargo tank manufacturing, may be omitted by the Engineering Critical Assessment (ECA)(4) approach is included.MHI Group is pursuing strategic measures to strengthen its business for the energy transition. Mitsubishi Shipbuilding, for its role in this initiative, efforts to contribute to the advance of the maritime industry in Japan and around the world by utilizing its shipbuilding-based marine engineering technologies in addition to conventional shipbuilding. Mitsubishi Shipbuilding will actively promote the development of LCO2 carriers and establishment of CCS value chain through collaboration with various domestic/overseas companies.(1) Approval in Principle (AiP) indicates that the certification body has reviewed the basic design and approved it as satisfying the technical requirements and safety criteria. The assessment was conducted in accordance with the IGC Code(2) and the American Bureau of Shipping (ABS) and Nippon Kaiji Kyokai (ClassNK) classification rules applicable to vessels transporting liquefied gas in bulk.(2) IGC Code (The International Code for the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk) is an international regulation stipulating conditions to ensure the safety of vessels that transport liquefied gases (LCO2, LNG, etc.) in bulk.(3) In post welding heat treatment (PWHT), structural materials are reheated to a set temperature after welding and held at that temperature for a specified amount of time. This process aims to lower residual stresses generated during welding and improve the quality of welding joints. PWHT is generally performed by placing structural products into a dedicated furnace. When the products are of large size, furnace size may cause bottlenecks in the manufacturing process.(4) Engineering Critical Assessment (ECA) is a method for evaluating the safety of welded structural components. Using micro initial defects in the welding joints and the estimated stress history together with characteristics of the material, the ECA confirms that no major quality issues will occur during the product's service life.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sep 18, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI)'s proprietary carbon capture technology, the KM CDR Process(TM), has been deployed to remove approximately 25,000 tonnes of CO2 annually at Europe's first fully operational post-combustion carbon capture plant, which is part of the Ravenna Carbon Capture and Storage project launched by Eni and Snam near Ravenna, Italy.Carbon capture plant for Ravenna CCS (photo courtesy of Eni S.P.A)The technology was implemented at Eni's Casalborsetti natural gas treatment plant through NEXTCHEM, MAIRE's subsidiary for the energy transition, who acted as a technology integrator, while MAIRE's subsidiary KT (Integrated E&C Solutions) completed the full Engineering, Procurement and Construction works on site. MHI provided the Process Design Package (PDP) and is licensing its technology.The capture process is being used to treat low-CO2 flue gas from a natural gas turbine that drives a turbo compressor. The facility is reducing CO2 emissions by 90%, rising to peaks of 96%. Considering the CO2 concentration levels of less than 3% and the low level of atmospheric pressure in the exhaust, this is a remarkable achievement for the world's first industrial-scale project with such high levels of carbon capture efficiency - one that could be replicated with other industrial processes producing low-CO2 flue gas.As well as being a significant development in the decarbonization of industry, this also represents a major milestone for "Ravenna CCS", the first project for the capture, transport and permanent storage of CO2 in Italy, developed for exclusively environmental purposes by Eni and Snam. The captured CO2 is subsequently transported through reconverted gas pipelines and then injected and stored at a depth of about 3,000 meters in Eni's Porto Corsini Mare Ovest depleted offshore gas field. Over the coming years, with Phase 2, the further industrial-scale development of the Ravenna CCS project will enable the storage of up to 4 million tonnes of CO2 per year by 2030.Tatsuto Nagayasu, MHI's Senior Vice President (CCUS) of GX (Green Transformation) Solutions, commented: "What MHI's carbon capture technology has achieved through this project marks a significant milestone and paves the way for further carbon emission reductions across the industry in the future. It also supports the ambitious CCUS goals set by Italy and Europe. The successful deployment of our advanced CO2 capture technology at Europe's first fully operational post-combustion carbon capture plant for CO2 storage demonstrates the versatility and effectiveness of our technology. Through innovations and partnerships like these we are strengthening MHI's position as a global leader in carbon capture solutions and driving the global energy transition forward."MHI Group has formally declared its intent to achieve carbon neutrality by 2040, and the Company is now working strategically to decarbonize both the energy demand and supply sides. A core element of the Company's transition strategy is the development of a CCUS value chain integrating diverse sources of carbon emissions with modes for carbon storage and utilization. Going forward, MHI Group will continue to proactively promote its CCUS business worldwide, applying its proprietary CO2 capture technologies, contributing as a solutions provider to reducing greenhouse gas emissions on a global scale, and developing further solutions that contribute to environmental protection.About MHI Group's CO2 capture technologiesMHI Group has been developing the KM CDR Process(TM) (Kansai Mitsubishi Carbon Dioxide Recovery Process) and the Advanced KM CDR Process(TM) in collaboration with the Kansai Electric Power Co., Inc. since 1990. As of September 2024, the Company has delivered 18 plants adopting these processes. The Advanced KM CDR Process(TM) adopts the KS-21(TM) solvent, which incorporates technological improvements over the amine-based KS-1(TM) and offers superior regeneration efficiency and lower deterioration than the KS-1(TM), and it has been verified to provide excellent energy saving performance, reduce operation costs, and result in low amine emissions.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.Carbon capture plant for Ravenna CCS (photo courtesy of Eni S.P.A) Copyright 2024 JCN Newswire via SeaPRwire.com.

Paris / Tokyo, Sep 18, 2024 - (JCN Newswire via SeaPRwire.com) - Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), and Mitsubishi Heavy Industries Ltd. ("MHI"), the leading global industrial group and the launch services provider, announce the signature of a new agreement for multiple launches. Under the terms of the agreement, MHI will provide multiple launches by its H3 launch vehicle from 2027.This is the first agreement between Eutelsat and MHI, and today's announcement cements the growing partnership between both companies.Eutelsat has consistently worked with leading launch providers to deliver its fleet into orbit and this latest agreement brings additional diversity and additional opportunities to launch Eutelsat's satellites in the coming years.MHI Launch Services enjoys an extremely high success rate of over 98%, utilising its H-IIA and H-IIB launch vehicles, and has executed more than 50 successful consecutive launches since 2005, delivered on-time and to the customer satisfaction. Today, MHI's technologies and know-how of development and operation of launch vehicles have ensured successful launches of H3, Japan's new launch vehicle. The H3 Launch Vehicle builds on the legacy of the highly reliable H-IIA & H-IIB and is designed to deliver enhanced customer-service and address an even greater range of launch requirements. The third launch of H3 was successfully completed on July 1, 2024.Arlen Kassighian, Chief Engineering Officer of Eutelsat Group, said: "We are delighted to inaugurate our relationship with MHI with this multi-launch agreement. Access to Space is critical for operators like Eutelsat, and we are excited to add MHI to our portfolio of launches, knowing that we can rely on its outstanding track record and technology to deliver our satellites into orbit."Iwao Igarashi, Vice President and Senior General Manager of Space Systems at MHI, said: "MHI deeply appreciates the honor of entering into the first launch agreement with Eutelsat, the global leading satellite operator, and being selected as their launch partner to deploy their satellites. MHI is committed to delivering highly reliable and transparent launch services for its customers, that build market trust through the accumulation of successful launches. We look forward to developing a long-lasting and mutually beneficial partnership with Eutelsat."About Eutelsat GroupEutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 Geostationary satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group's unique suite of in-orbit assets enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,700 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL). Find out more at: www.eutelsat.comAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO, Sep 18, 2024 - (JCN Newswire via SeaPRwire.com) - NEC Orchestrating Future Fund (NOFF), an ecosystem-based corporate venture capital (CVC) fund, has made an investment in Sakana AI, a Japan-based company that gathers technical talent from around the world to conduct research and development of generative AI.While the use of AI is essential to improve the competitiveness of companies, the development of large-scale AI models requires an enormous amount of time and cost to learn data.Sakana AI was founded in Tokyo in 2023 by David Ha, who has led research on complex and autonomous systems at Google Brain's Japan division, Llion Jones, one of the authors of the paper "Attention Is All You Need," which helped to trigger the current boom in generative AI, and Ren Ito, who took the lead on the global expansion of Mercari, Japan's first unicorn start-up. The company creates innovative AI development methods by combining multiple different AI models, resulting in the low cost creation of large-scale models that feature new functions.NEC aims to be a social value creator that solves various social issues through cutting-edge technologies. AI is a key technology for achieving these goals, which makes it essential to ensure that AI models are developed efficiently and safely for a wide range of industries.Sakana AI's technology has the potential to quickly lead to solutions to unique and complex challenges in a variety of fields, including space and government. Therefore, with this investment, NEC Corporation (NEC; TSE: 6701) has initiated discussions with Sakana AI for business collaboration using generative AI."The NEC Orchestrating Future Fund invests in startups that are pioneering new markets with cutting-edge technologies and innovative business models," said Motoo Nishihara, Corporate Executive Vice President and Chief Technology Officer (CTO) of NEC Corporation. "Sakana AI is a company that can greatly expand the potential of AI applications, which is in line with NEC's vision of AI that is smoothly integrated throughout society. Together with Sakana AI, we will accelerate our efforts to create new social value.""We will accelerate both our R&D and business development collaboration in partnership with NEC," said David Ha, Co-Founder and CEO of Sakana AI. "Through our partnership with NEC, we will do our utmost to provide solutions to the challenges that Japanese industries and society face."About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2024 JCN Newswire via SeaPRwire.com.

KAWASAKI, Japan, Sep 18, 2024 - (JCN Newswire via SeaPRwire.com) - IHI Corporation, Fujitsu Limited, and Mizuho Bank, Ltd. today announced that as of September 16, 2024, the three companies have entered into a memorandum of understanding regarding a joint business venture to provide the J-Credit (1) Creation Total Support Service. This service will optimize the J-Credit creation process in J-Credit scheme and support rapid monetization for J-Credit creators.The J-Credit Creation Total Support ServiceCurrently, in order for companies and organizations to create J-Credits, various procedures are necessary across each of the phases, from project registration to J-Credit creation, and the significant time and effort required is an issue. In addition, there is an inherent risk that a buyer won't be found after the credits are created, and that monetization will be delayed.In order to tackle these issues, and increase J-Credit creation ahead of expected rising demand, this joint enterprise will combine the Mizuho Bank network with the MRV Support System (2), which digitizes the process of creating environmental value (i.e., measurement, reporting, and verification) and was developed by IHI and Fujitsu, to offer a total support service for J-Credit creators. In addition, in the first quarter of fiscal 2025, the effort aims to start providing J-Credits creation support for activities to reduce emissions through the introduction of photovoltaic power generation facilities to replace grid electricity.The J-Credit Creation Total Support Service combines Fujitsu's blockchain and automation technology with IHI's knowledge regarding J-Credit creation and data collection engineering know-how to enable highly reliable data management and storage and reduce burden through automation of application procedures required for J-Credit creation. Moreover, through the J-Credit priority purchase program-which utilizes Mizuho Bank's customer network, the three companies provide a one-stop service.IHI leverages its engineering and IoT capabilities to collect operational data on customer facilities, calculate CO2 reductions, and support the creation of environmental value including through the creation of J-Credits. By utilizing the environmental value management platform (3) and promoting further digitalization of the creation process, IHI will work to create a system that can create credible environmental value efficiently and further contribute to the realization of a decarbonized society.Under the Fujitsu Uvance business model, which focuses on resolving societal issues, Fujitsu's platform for the management of ESG, that supports the realization of corporate ESG management by visualizing, measuring, and optimizing CO2 reductions, uses AI to analyze ESG data, including data on CO2 emission reductions collected at the time of J-Credit creation and provides simulations needed for sophisticated management decision-making as well as recommendations. Through these measures, Fujitsu supports to acceleration of its customers sustainability transformation (SX.)Mizuho Bank aims to facilitate decarbonization for its customers and society as a whole by playing an intermediary role for the emerging carbon credit market in its capacity as a financial institution. As the only financial institution designated as a "Best Market Maker" in the Tokyo Stock Exchange's carbon credit market, Mizuho Bank is working to promote the liquidity and progress of the J-Credit market, and make contributions to both the environment and the economy.Through this collaboration, the three companies seek to expand the J-Credit Creation market, accelerate decarbonization management and contribute to the creation of a sustainable society.(1) J-Credit :Credits certified by the Japanese government for the amount of greenhouse gas emissions reduction or absorption.(2) MRV Support System :A system that uses blockchain to improve the efficiency of operations such as monitoring, reporting, and verification of J-Credits. In FY2023 IHI and Fujitsu participated in a PoC related to digitization of credit certification utilizing the Ministry of the Environment's "J-Credit Easy Generation" platform (now called the "MRV Support System") and demonstrated the easy application for companies and other creators of environmental value through CO2 reduction activities. In FY 2024, the two companies were among those selected by the Ministry of the Economy to promote the digitization of MRV systems for J-Credit.(3) The environmental value management platform :A digital platform for accumulating and commercializing data inside and outside the IHI Group as environmental value.About IHIIHI is a preeminent Japanese integrated heavy industry group that originated with the establishment of the nation's first modern shipyard in 1853. It leveraged its shipbuilding technology to expand into onshore machinery, bridge, plant, aero-engine, and other manufacturing fields. IHI has provided an array of solutions in recent years. These are principally in the Resource, Energy and Environment; Social Infrastructure and Offshore Facilities; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense business segments. In power generation, the Company manufactures boilers and gas turbines for thermal power plants. It is developing technology for ammonia firing and is constructing carbon-free fuel ammonia supply chain to help decarbonize the economy.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About MizuhoMizuho Bank is a wholly-owned subsidiary of Mizuho Financial Group, Inc., one of the largest, full-service financial institutions in the world, with approximately 60,000 employees in 35 countries/regions outside of Japan, nearly 150 years of banking experience, and assets of almost USD 2 trillion. Mizuho Bank has one of the largest customer bases in Japan, and a global network of financial and business centers. At Mizuho, we will draw on our expertise as a financial services group to proactively provide financing support, including sustainable finance and environmental finance, as well as advice and solutions to strengthen and shift businesses towards decarbonization.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesThe J-Credit Creation Total Support Service Copyright 2024 JCN Newswire via SeaPRwire.com.

TOKYO & BAKU, Sept 17, 2024 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Azer Turk Bank OJSC, Azerbaijan state-owned bank with state participation in authorized capital, are delighted to announce the launch of JCB merchant acquiring operations across the Republic of Azerbaijan, allowing cardholders to make payments seamlessly across Azer Turk Bank’s extensive ATM and POS terminal network.Mr. Namid Abdulov, Director of Azer Turk Bank’s Processing Center, expressed his optimism about the future collaboration, emphasizing the positive impact it will have on the business landscape. “We look forward to exploring the opportunities that the JCB payment system brings, fostering a harmonious partnership that benefits everyone involved.”This collaboration holds great promise for Azer Turk Bank’s valued clients and partners. Mr. Abdulov believes that embracing the privileges, campaigns, and discounts offered by JCB’s payment system will not only enrich the customer experience, but also pave the way for mutually beneficial partnerships with our commercial and service partners.Mr. Obaid Bawany, General Manager of JCB International Co., Ltd. Dubai Representative Office, commented: “We are very pleased to be partnering with Azer Turk Bank, one of the largest and fastest- growing banks in Azerbaijan with stable and high business reputation. The number of tourists visiting Azerbaijan is growing rapidly as the republic has a rich ancient history and unique cuisine. The start of JCB Cards acceptance through Azer Turk Bank network will definitely provide more convenience for JCB cardmembers both in terms of points-of-sale and cash withdrawal”.JCB is the only international payment brand originated in Japan, one of the major international payment brands. With a rich history spanning over 60 years, JCB has over 158 million cardholders across various countries and territories while JCB Cards are accepted at about 49 million associated merchants.About Azer Turk BankAzer-Turk Bank is an Azerbaijani state-owned bank that provides retail and commercial banking services. It is an open joint stock company established in 1995, based on a license issued by the Central Bank of the Republic of Azerbaijan. For more detailed information about the bank's products and services, feel free to visit our website at https://atb.az or check out our official corporate pages on social networks. Alternatively, you can reach us through WhatsApp at (055) 7770 945 or contact our Call Center at the number 945.ContactsAzer Turk BankRauf AgayevPress SecretaryTel: +994 12 404 14 45Email: rauf.a@atb.azAbout JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ ContactsJCBKosuke OchiaiCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2024 JCN Newswire via SeaPRwire.com.