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Stock market holiday: Are BSE, NSE open or closed today for Christmas 2024?
CHATHAM, N.J. (AP) — That buzzing coming out of New Jersey? It’s unclear if it’s drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Cropping up on local news and social media sites around Thanksgiving, the saga of the drones reported over New Jersey has reached incredible heights. This week seems to have begun a new, higher-profile chapter: Lawmakers are demanding (but so far not getting) explanations from federal and state authorities about what’s behind them. Gov. Phil Murphy wrote to President Joe Biden asking for answers. New Jersey’s new senator, Andy Kim, spent Thursday night on a drone hunt in rural northern New Jersey, and posted about it on X. But perhaps the most fantastic development is the dizzying proliferation of conspiracies — none of which has been confirmed or suggested by federal and state officials who say they’re looking into what’s happening. It has become shorthand to refer to the flying machines as drones, but there are questions about whether what people are seeing are unmanned aircraft or something else. Some theorize the drones came from an Iranian mothership. Others think they are the Secret Service making sure President-elect Donald Trump’s Bedminster property is secure. Others worry about China. The deep state. And on. RELATED COVERAGE New Jersey governor wants more federal resources for probe into drone sightings US senator says mysterious drones spotted in New Jersey should be ‘shot down, if necessary’ Mysterious drones reported flying over New Jersey. What we know In the face of uncertainty, people have done what they do in 2024: Create a social media group. The Facebook page, New Jersey Mystery Drones — let’s solve it , has nearly 44,000 members, up from 39,000 late Thursday. People are posting their photo and video sightings, and the online commenters take it from there. One video shows a whitish light flying in a darkened sky, and one commenter concludes it’s otherworldly. “Straight up orbs,” the person says. Others weigh in to say it’s a plane or maybe a satellite. Another group called for hunting the drones literally, shooting them down like turkeys. (Do not shoot at anything in the sky, experts warn.) Trisha Bushey, 48, of Lebanon Township, New Jersey, lives near Round Valley Reservoir where there have been numerous sightings. She said she first posted photos online last month wondering what the objects were and became convinced they were drones when she saw how they moved and when her son showed her on a flight tracking site that no planes were around. Now she’s glued to the Mystery Drones page, she said. “I find myself — instead of Christmas shopping or cleaning my house — checking it,” she said. She doesn’t buy what the governor said, that the drones aren’t a risk to public safety. Murphy told Biden on Friday that residents need answers. The federal Homeland Security Department and FBI also said in a joint statement they have no evidence that the sightings pose “a national security or public safety threat or have a foreign nexus.” “How can you say it’s not posing a threat if you don’t know what it is?” she said. “I think that’s why so many people are uneasy.” Then there’s the notion that people could misunderstand what they’re seeing. William Austin is the president of Warren County Community College, which has a drone technology degree program, and is coincidentally located in one of the sighting hotspots. Austin says he has looked at videos of purported drones and that airplanes are being misidentified as drones. He cited an optical effect called parallax, which is the apparent shift of an object when viewed from different perspectives. Austin encouraged people to download flight and drone tracker apps so they can better understand what they’re looking at. Nonetheless, people continue to come up with their own theories. “It represents the United States of America in 2024,” Austin said. “We’ve lost trust in our institutions, and we need it.” Federal officials echo Austin’s view that many of the sightings are piloted aircraft such as planes and helicopters being mistaken for drones, according to lawmakers and Murphy. That’s not really convincing for many, though, who are homing in on the sightings beyond just New Jersey and the East Coast, where others have reported seeing the objects. For Seph Divine, 34, another member of the drone hunting group who lives in Eugene, Oregon, it feels as if it’s up to citizen sleuths to solve the mystery. He said he tries to be a voice of reason, encouraging people to fact check their information, while also asking probing questions. “My main goal is I don’t want people to be caught up in the hysteria and I also want people to not just ignore it at the same time,” he said. “Whether or not it’s foreign military or some secret access program or something otherworldly, whatever it is, all I’m saying is it’s alarming that this is happening so suddenly and so consistently for hours at a time,” he added. ___ Golden reported form Seattle.
Deep-pocketed investors have adopted a bullish approach towards BigBear.ai Hldgs BBAI , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BBAI usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 32 extraordinary options activities for BigBear.ai Hldgs. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 46% leaning bullish and 46% bearish. Among these notable options, 3 are puts, totaling $75,075, and 29 are calls, amounting to $2,330,271. Predicted Price Range Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $1.0 to $7.0 for BigBear.ai Hldgs over the last 3 months. Insights into Volume & Open Interest Looking at the volume and open interest is an insightful way to conduct due diligence on a stock. This data can help you track the liquidity and interest for BigBear.ai Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of BigBear.ai Hldgs's whale activity within a strike price range from $1.0 to $7.0 in the last 30 days. BigBear.ai Hldgs Option Activity Analysis: Last 30 Days Biggest Options Spotted: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume BBAI CALL SWEEP BEARISH 01/15/27 $2.4 $2.3 $2.3 $3.50 $219.6K 9.6K 6.6K BBAI CALL TRADE BULLISH 01/15/27 $2.9 $2.6 $2.9 $2.00 $209.6K 1.6K 2.7K BBAI CALL SWEEP BEARISH 01/15/27 $2.8 $2.5 $2.5 $3.50 $141.0K 9.6K 8.3K BBAI CALL SWEEP BEARISH 01/15/27 $2.85 $2.8 $2.8 $2.00 $140.0K 1.6K 836 BBAI CALL SWEEP BEARISH 01/15/27 $2.55 $2.4 $2.4 $3.50 $131.0K 9.6K 633 About BigBear.ai Hldgs BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment and Analytics segment. Following our analysis of the options activities associated with BigBear.ai Hldgs, we pivot to a closer look at the company's own performance. Current Position of BigBear.ai Hldgs Trading volume stands at 93,999,331, with BBAI's price up by 21.59%, positioned at $4.54. RSI indicators show the stock to be may be overbought. Earnings announcement expected in 70 days. Unusual Options Activity Detected: Smart Money on the Move Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access . Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest BigBear.ai Hldgs options trades with real-time alerts from Benzinga Pro . © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Vandalism was found in the cheerleaders' area at Cartersville High School, including graffiti and racial slurs. Local authorities are investigating, and photos of the damage, including ruined uniforms, were shared on social media, according to FOX 5 Atlanta . Graffiti, including sexual images and a racial slur written in red marker, was found on a refrigerator in the cheerleaders' room. Mustard and coffee creamer were also used to damage the cheerleading outfits. Andre Weaver, Assistant Superintendent of Cartersville City Schools, expressed his shock, stating that "in his four years with the district, nothing like this had ever occurred." School officials worked quickly with the Cartersville Police Department, and within a day, a suspect—a juvenile not enrolled at Cartersville High—was arrested, as stated by 11Alive . After the arrest, parents expressed concerns about how long it took for the school to contact them. "It's just the point of how long it took for it to get for the parents to get contact," one mother told FOX 5 Atlanta . A meeting was held for school officials and parents to discuss the issues, but many are still asking what steps the school will take to prevent something like this from happening again. Investigations are ongoing to find out how the suspect got into the school. Details about the charges against the suspect have not been released.
ANNAPOLIS, Md. — Army football turned down an offer to join the American Athletic Conference several years ago, deciding that operating as an independent made more sense for the program. Given a second opportunity to become a football-only member of the American last year, amidst the changing landscape of college football with super conferences making scheduling very difficult for an independent and because the AAC offered a pathway to the expanded College Football Playoff, the West Point leadership did an about face and accepted. Army (11-1) introduced itself to the American Athletic Conference in impressive fashion by going unbeaten, steamrolling nine league opponents by an average score of 35-13. Quarterback Bryson Daily and company put a nice bow on their debut season by blowing out Tulane, 35-14, in the conference championship game. Coach Jeff Monken gave his troops 24 hours to celebrate then told them to refocus for the most important game of the season. “Obviously that was a big game Friday night and a great victory for our team. Winning a championship is certainly a source of pride for our program. But there is no bigger game in the world than this next one,” Monken said. “It’s been a good season. It doesn’t become a great season unless we win this game Saturday, which really is the measure of success for a service academy.” Monken looks back at 2021 when his Army team that had lost just three games was beaten by a Navy club that finished 4-8. “This rivalry is at the forefront of our focus for 365 days a year and this game is almost like a season of its own,” he said. “That’s the reality about the magnitude of this game. Even after 11 wins and a conference championship, this game is more important than any of that.” Army has 11 wins for only the second time in program history and can reach 13 by beating Navy, then Marshall in the Independence Bowl. The Black Knights are defined by a powerful rushing attack featuring Daily and fullback Kanye Udoh that leads the nation with 314.4 yards per game. Daily has run for 1,480 yards and 29 touchdowns, while Udoh has contributed 1,064 yards and 10 scores. The Black Knights do most of their damage between the tackles behind an offensive line consisting of five first or second team All-American Athletic Conference picks. “I can’t say enough about those guys. I knew coming in it was going to be a very special unit and they’ve been incredible all season,” Daily said of the Army offensive line. “They’re tough, they’re rugged and they’re aggressive.” Rules changes that eliminated cut blocking anywhere outside the tackle box have forced option offenses to reinvent themselves. Last season, Monken scrapped Army’s traditional triple-option in favor of putting the quarterback in shotgun formation and utilizing zone blocking schemes. After ranking 115th nationally in total offense, Monken reinstalled Cody Worley as offensive coordinator and reverted back to power option football. “Last year, we probably went too far away from what we had traditionally done. We just had to do a reset and find what fits our personnel and personality,” Monken said. “There’s elements of both worlds; some of what we did last season was a good investment. We’ve been able to use a number of things we did a year ago in our schemes this season.” Army does still operate out of shotgun and employ zone blocking at times, but the schemes as a whole fit the straight-ahead running style of Daly and Udoh. “This senior class had a lot of banked reps running this old-school, under-center triple-option offense. Running a whole new offense last season meant some adjustments,” Daily said. “I think having those reps in the gun last season has helped and complimented what we’re doing now.” Army boasts a highly efficient offense that does a remarkable job of staying on schedule and routinely setting up third-short situations. The Black Knights rank fifth nationally in fewest penalties and second in tackles for loss allowed (2.8 per game). No opponent traditionally defends Army better than Navy, which is intimately familiar with the option. The Midshipmen are giving up 159.8 yards per game on the ground. “This will be the biggest test for our offense. It always is because Navy makes it really challenging to execute with how well they know what we do,” Monken said. “Navy has a really good defense with a lot of talented players that are well coached. To be able to block them and execute offensively is going to be very difficult.” While the Army offense gets a lot of credit for the team’s success, the defense has held up its end of the bargain. Inside linebackers Andon Thomas (team-high 88 tackles) and Kalib Fortner (66 tackles, team-high 8 1/2 for loss) along with safety Max DiDomenico (52) lead a unit that ranks 11th nationally in rushing defense with just 104 yards per game allowed. This marks the first time Army’s defense will go against Navy’s new Wing-T offense installed by first-year coordinator Drew Cronic. Count Monken among the admirers of the attack that incorporates triple-option, run-pass option and pro-style elements. “Drew has steadily developed this offense and it’s very unique and different — a real break from what traditionally has been done at the academies,” Monken said. “You watch the film and guys are running wide-open on pass plays and ballcarriers are running untouched through huge holes. They’ve done a great job of spreading teams out, using misdirection, hiding guys and spreading the ball sideline to sideline, vertically as well. It’s just great play design.” This will be the 11th Army-Navy Game for Monken as head coach at Army and 17th overall since he spent six seasons as an assistant at Navy under Paul Johnson. He still gets goose bumps whenever he walks into the NFL stadium that is sold out and electric in terms of atmosphere. “This game is played on a worldwide stage and millions of people will be watching on TV. It’s a view into the U.S. Military Academy and our Corps of Cadets,” Monken said. We represent all the men and women that serve in the United States Army and that is a great sense of responsibility and obligation.” Monken said the Army-Navy Game is always a slugfest and that it’s like watching both sides take turns hitting each other with a sledgehammer. “This game is an absolute brawl from start to finish. The intensity displayed on every single play is indescribable,” he said. “I’m anticipating this will be another one that is blow-for-blow and at the end one team will be left standing.” 125th Army-Navy Game Saturday, 3 p.m. at Northwest Stadium, Landover TV: CBS Line: Army by 6 1/2 (c)2024 The Capital (Annapolis, Md.) Visit The Capital (Annapolis, Md.) at www.hometownannapolis.com Distributed by Tribune Content Agency, LLC.Twist Bioscience Co. ( NASDAQ:TWST – Get Free Report ) CEO Emily M. Leproust sold 1,654 shares of the company’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $44.90, for a total transaction of $74,264.60. Following the completion of the sale, the chief executive officer now directly owns 673,064 shares in the company, valued at $30,220,573.60. This trade represents a 0.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Twist Bioscience Stock Down 2.1 % TWST opened at $48.17 on Friday. The firm’s fifty day simple moving average is $45.58 and its two-hundred day simple moving average is $46.74. Twist Bioscience Co. has a 52-week low of $27.41 and a 52-week high of $60.90. The company has a market cap of $2.86 billion, a price-to-earnings ratio of -13.38 and a beta of 1.82. Wall Street Analysts Forecast Growth Several equities research analysts have weighed in on TWST shares. Scotiabank increased their price target on Twist Bioscience from $50.00 to $54.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, November 19th. Barclays dropped their target price on Twist Bioscience from $55.00 to $52.00 and set an “overweight” rating on the stock in a report on Tuesday, November 19th. TD Cowen reissued a “buy” rating and issued a $58.00 price target on shares of Twist Bioscience in a report on Tuesday, November 26th. Evercore ISI raised their price objective on shares of Twist Bioscience from $52.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 1st. Finally, Leerink Partners boosted their target price on shares of Twist Bioscience from $45.00 to $48.00 and gave the company a “market perform” rating in a research note on Thursday, October 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $51.90. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in shares of Twist Bioscience by 67.5% during the third quarter. Principal Financial Group Inc. now owns 205,864 shares of the company’s stock valued at $9,301,000 after acquiring an additional 82,953 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in Twist Bioscience in the 3rd quarter valued at $3,302,000. Beaird Harris Wealth Management LLC purchased a new position in Twist Bioscience in the 3rd quarter valued at $95,000. Franklin Resources Inc. boosted its stake in Twist Bioscience by 3.4% during the 3rd quarter. Franklin Resources Inc. now owns 252,064 shares of the company’s stock worth $11,756,000 after purchasing an additional 8,308 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Twist Bioscience during the third quarter worth $34,000. Twist Bioscience Company Profile ( Get Free Report ) Twist Bioscience Corporation engages in the manufacture and sale of synthetic DNA-based products. The company offers synthetic genes and gene fragments used in product development for therapeutics, diagnostics, chemicals/materials, food/agriculture, data storage, and various applications within academic research by biotech, pharma, industrial chemical, and agricultural companies, as well as academic labs; Oligo pools used in targeted NGS, CRISPR gene editing, mutagenesis experiments, DNA origami, DNA computing, data storage in DNA, and other applications; and immunoglobulin G proteins for customers focused on the pursuit of drug discovery and development. See Also Receive News & Ratings for Twist Bioscience Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twist Bioscience and related companies with MarketBeat.com's FREE daily email newsletter .Vance takes on a more visible transition role, working to boost Trump’s most contentious picks
5 candidates for the Bears head coach job, including a 73-year-old Pete Carroll
Rana Sana expects PTI to present demands by Jan 2Sterling dropped versus the dollar and rose against the euro on Monday, with political troubles in France and the so-called Trump trade back in focus. The euro fell on Monday on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit. Meanwhile, the greenback rose as President-elect Donald Trump marked a shift from his prior advocacy of a weaker dollar by demanding that BRICS member countries not create or support another currency that could replace the dollar. “High rates and relatively low exposure to the risk of Trump tariffs mean that the pound’s path of least resistance is probably up from here,” said Enrique Diaz-Alvarez, chief financial risk officer at Ebury. Sterling was down 0.22% to $1.2708 after increasing 1.64% last week in its biggest weekly rise since mid-August. Ebury’s Diaz-Alvarez flagged that last week’s rebound restored sterling to the top of the 2024 rankings, reclaiming the title from the dollar, although just barely. On Friday, the Bank of England warned that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers. However, money markets kept pricing just 75 bps of BoE rate cuts by the end of 2025, while discounting an ECB depo rate below 1.7% from the current 3.25% The pound rose 0.35% versus the euro to 82.75 pence not far from its 2-1/2-year high. It hit 82.58 pence per euro around mid-November, its highest level since April 2022. Markets also await the Bank of England Decision Maker Panel on Dec. 5, which could provide some clues about the inflation outlook and the Bank of England monetary easing path. Citi forecast some modest upside risks to price expectations and wage growth to be steady at 4.1% before moderating further in the months ahead. “We see the risks as broadly balanced here (in terms of wage growth),” Citi said in a research note. “The crystallization of a higher national living wage could put some upside pressure here.” Source: Reuters (Reporting by Stefano Rebaudo Editing by Gareth Jones)Tired of thinking about what gifts to get everyone this year? Artificial intelligence chatbots might help, but don’t expect them to do all the work or always give you the right answers. Anyone scouring the internet for Cyber Monday deals is likely going to encounter more conversational iterations of the chatbots that some retailers and e-commerce sites have built to provide shoppers with enhanced customer service. Some companies have integrated models infused with newer generative AI technologies, allowing shoppers to seek advice by asking naturally phrased questions like “What’s the best wireless speaker?” Retailers hope consumers use these chatbots, which are typically called shopping assistants — as virtual companions that help them discover or compare products. Prior chatbots were mostly used for task-oriented functions such as helping customers track down online orders or return ones that didn’t meet expectations. Amazon , the king of online retail, has said its customers have been questioning Rufus — the generative AI- powered shopping assistant it launched this year — for information such as whether a specific coffee maker is easy to clean, or what recommendations it has for a lawn game for a child’s birthday party. And Rufus, which is available for holiday shoppers in the U.S. and some other countries, is not the only shopping assistant out there. A select number of Walmart shoppers will have access this year to a similar chatbot the nation’s largest retailer is testing in a few product categories, including toys and electronics. Perplexity AI added something new to the AI chat-shopping world last month by rolling out a feature on its AI-powered search engine that enables users to ask a question like “What’s the best women’s leather boots?” and then receive specific product results that the San Francisco-based company says are not sponsored. “It has been adopted at pretty incredible scale,” Mike Mallazzo, an analyst and writer at retail research media company Future Commerce, said. Retailers with websites and e-commerce companies started paying more attention to chatbots when use of ChatGPT , an artificial intelligence text chatbot made by the company OpenAI, went mainstream in late 2022, sparking public and business interest in the generative AI technology that powers the tool. Victoria’s Secret, IKEA, Instacart and the Canadian retailer Ssense are among other companies experimenting with chatbots, some of which use technology from OpenAI . Even before the improved chatbots, online retailers were creating product recommendations based on a customer’s prior purchases or search history. Amazon was at the forefront of having recommendations on its platform, so Rufus’ ability to provide some is not particularly groundbreaking. But Rajiv Mehta, the vice president of search and conversational shopping at Amazon, said the company is able to offer more helpful recommendations now by programming Rufus to ask clarifying or follow-up questions. Customers are also using Rufus to look for deals, some of which are personalized, Mehta said. To be sure, chatbots are prone to hallucinations, so Rufus and most of the tools like it can get things wrong . Juozas Kaziukenas, founder of e-commerce intelligence firm Marketplace Pulse, wrote in a November blog post that his firm tested Rufus by requesting gaming TV recommendations. The chatbot’s response included products that were not TVs. When asked for the least expensive options, Rufus came back with suggestions that weren’t the cheapest, Kaziukenas said. An Associated Press reporter recently asked Rufus to give some gift recommendations for a brother. The chatbot quickly spit out a few ideas for “thoughtful gifts,” ranging from a T-shirt and a keychain with charms to a bolder suggestion: a multifunctional knife engraved with the phrase “BEST BROTHER EVER.” After a 5-minute written conversation, Rufus offered more tailored suggestions — a few Barcelona soccer jerseys sold by third-party sellers. But it wasn’t able to say which seller offered the lowest price. When asked during another search for a price comparison on a popular skin serum, Rufus showed the product’s pre-discounted price instead of its present one. “Rufus is constantly learning,” Amazon’s Mehta said during an interview. Shop AI, a chatbot that Canadian e-commerce company Shopify launched last year, can also help shoppers discover new products by asking its own questions, such as soliciting details about an intended gift recipient or features the buyer wants to avoid. Shop AI has trouble, however, recommending specific products or identifying the lowest-priced item in a product category. The limitations show the technology is still in its infancy and has a long way to go before it becomes as useful as the retail industry — and many shoppers — wish it could be. To truly transform the shopping experience, shopping assistants will “need to be deeply personalized” and be able — on their own — to remember a customer’s order history, product preferences and purchasing habits, consulting giant McKinsey & Company said in an August report. Amazon has noted that Rufus’ answers are based on information contained in product listings, community Q&As and customer reviews, which would include the fake reviews that are used to boost or diminish sales for products on its marketplace. The large language model that powers the chatbot was also trained on the company’s entire catalog and some public information on the web, Trishul Chilimbi, an Amazon vice president who oversees AI research, wrote in the electrical engineering magazine IEEE Spectrum in October. But its unclear how Amazon and other companies are weighting different training components — such as reviews — in their recommendations, or how exactly the shopping assistants come up with them, according to Nicole Greene, an analyst at management consulting firm Gartner. Perplexity AI’s new shopping feature allows users to enter search queries such as “best phone case” and to receive answers derived from various sources, including Amazon and other retailers, such as Best Buy. Perplexity also invited retailers to share data about their products and said those that do would have an increased chance of having their items recommended to shoppers. But Perplexity CEO Aravind Srinivas, suggested in a recent interview with Fortune magazine that he didn’t know how the new shopping feature recommended products to customers. But in an interview with the AP, Chief Business Officer Dmitry Shevelenko pushed back on that characterization, saying Srinivas’ comment “was probably taken out of context.” The context, he said, is that with generative AI technology “You can’t know in advance exactly what the output will be just based off of knowing what the inputs” are from the training materials. Shevelenko said retailers and brands need to know they can’t have their products recommended in Perplexity’s search engine because they’re “jamming key words” into their websites or using different techniques to show up better on search results “The way you show up in an answer is by having a better product and better features,” he said.
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Nimbus and Toshiba Announce Joint Development of Next-Generation Pure Hydrogen Fuel Cell Stack Aiming to realize a versatile fuel cell stack applicable to buses, trucks, and stationary uses GROTON, Conn., Nov. 20, 2024 /PRNewswire-PRWeb/ — and have signed a joint development agreement for a next-generation pure hydrogen fuel cell stack applicable to various large mobility applications, such as buses and trucks, as well as stationary uses. Under this agreement, Nimbus will combine its patented “four-fluid stack technology” with Toshiba’s long-established to jointly develop the pure hydrogen fuel cell stack. Nimbus possesses technology for fuel cells aimed at large mobility applications like buses and trucks. Its “four-fluid stack technology” is an innovative approach that combines porous and metal separators to supply four fluids: hydrogen, air, pure water, and antifreeze, enabling stable and efficient operation at high output. Toshiba has extensive experience in manufacturing fuel cells and possesses commercialization and mass production technology using porous separators. Through this joint development, both companies aim to create a pure hydrogen fuel cell stack with high power density, reliability, durability, and cost-effectiveness, suitable for various applications, including large mobility and stationary fuel cell systems, which are expected to grow in the market. Nimbus and Toshiba will contribute to the expansion of the hydrogen value chain and the development of a decarbonized society through this strategic partnership. President and Co-Founder of Nimbus, stated, “We are excited to accelerate product commercialization in collaboration with Toshiba, a pioneer in fuel cell development, with a proven track record in the stationary market.” , Vice President of the Energy Aggregation Division at Toshiba, commented, “Our partnership with Nimbus aligns with our mission, and we will focus on the early commercialization of competitive fuel cell stacks applicable to various uses.” the latest news shaping the hydrogen market at Nimbus and Toshiba Announce Joint Development of Next-Generation Pure Hydrogen Fuel Cell Stack, SFC Energy AG renews framework contract with Fuel Cell Systems Ltd worth EUR 5.5 million for 2025 Brunnthal/Munich, Germany, November 21, 2024 – SFC Energy AG (“SFC”, F3C:DE, ISIN: DE0007568578), a leading provider of... Department of Energy Issues Call for Hydrogen Fuel Cell Commercialization Partners to Support the Launch of L’Innovator 2.0 The U.S. Department of Energy (DOE), in partnership with Los Alamos National Laboratory (LANL)... Ricardo’s hydrogen fuel cell module celebrates key milestone to successfully generating power Initially developed to generate high energy output with zero-emissions for the maritime sector as part of the Sustainable...