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Qatar tribune QNA Doha The Center for Empowerment and Care of the Elderly (Ehsan), an affiliate of the Ministry of Social Development and Family’s (MSDF) Qatar Social Work Foundation, has launched the eighth Scientific Research and Innovation Competition. The competition is held in collaboration with the Ministry of Education and Higher Education (MoEHE), Qatar Research, Development and Innovation (QRDI) Council and Afaaq Qatar. Held under the theme of optimising the quality of life for elderly people, the event is broadly devoted to middle and high school students in both public and private schools. Acting Director of the Planning and Development Office at Ehsan, Al Anoud Mohammed Al Marri, said the competition is a superb platform dedicated to raising the students’ awareness of the issues facing the elderly people, identifying their needs and honing the students’ skills vis-a-vis scientific research, as well as spurring creativity in exploring innovative solutions. Ehsan is committed to annually holding this contest in recognition of the importance of scientific research in addressing some social manifestations related to elderly people, in addition to refining the students’ talents in scientific research and reviewing the suggestions laid out by students in their research, Al Marri highlighted. Al Marri pointed out that the contest is governed by an array of standards foremost of which is that the participating research should essentially serve the elderly people and creatively explore innovative solutions for them. She added that an Ehsan professional team was formed to oversee the participating research and provide students with guidance and information accordingly. For her part, Haya Mohammed Al Kaabi, a scientific research consultant at the MoEHE, highlighted that the competition is part of collaboration between MoEHE, MSDF and Ehsan, adding that the Curriculum and Learning Resources Department has invited public and private middle and high schools to participate in this edition. This competition primarily aims to encourage schools to engage in social issues associated with elderly people, with the participating research covering innovative solutions for them in finding effective tools that serve this kind of segment, Al Kaabi underlined. The seventh edition witnessed record turnout with the participation of 138 students from 37 public schools, presenting 46 research papers vis-à-vis elderly people in a special exhibition at Lusail University. Copy 25/12/2024 10Skiers in Tahoe will soon reach the slopes faster, as Candela and FlyTahoe announce the introduction of the first U.S.-based Candela P-12, a groundbreaking foiling electric ferry, on Lake Tahoe. The world’s first electric, hydrofoiling ferry will reduce travel times for Tahoe locals and visitors, providing a much-needed north-south connection across the lake, while also helping to cut emissions. The Candela P-12 is the fastest electric vessel in the world with the longest range and significantly lower operational costs than diesel-powered vessels. This marks the introduction of electric hydrofoiling passenger ships in the U.S., a crucial step towards decarbonizing maritime transport on American waterways. With Lake Tahoe attracting over 15 million outdoor enthusiasts year-round, road congestion has become an ever-increasing problem. Travellers often find themselves stuck in long car lines, especially in winter, due to road closures caused by heavy snowfalls. However, local company FlyTahoe and the tech company Candela are set to solve this by introducing a revolutionary zero-emission vessel that will make its U.S. debut: the world’s first flying electric ferry, the Candela P-12, which recently launched on Stockholm’s waterways. FlyTahoe will feature a 30-minute cross-lake service, cutting the travel time in half compared to the daily 20,000 car trips along the same route. The P-12 is the world’s first electric hydrofoil ferry, hailed as a “game changer” for waterborne transport by combining long range with high speed and a revolution in energy efficiency. This 30-seat vessel, designed to accommodate both skis and bikes, uses hydrofoil technology—computer-guided underwater wings—to fly above the water’s surface at high speeds, unaffected by waves and winds. The wings lift the hull above the water, significantly reducing drag and cutting energy consumption by a staggering 80% compared to conventional vessels. This is what allows the P-12 to be fully propelled by renewable electricity instead of fossil fuels, while providing a smooth ride above the waves even at high speeds. Passengers prone to seasickness need not worry. The high-tech vessel’s computer Flight Controller uses sensors and software to balance the craft above the waves and amidst the winds, adjusting the foil’s angle of attack 100 times per second to provide a silent and smooth ride. “It basically works like a jet fighter, which is constantly balanced using ailerons. The principle of the P-12 is the same, except our wings fly in water instead of air,” says Gustav Hasselskog, CEO and Founder of Swedish tech company Candela. The P-12’s cruising speed of 25 knots (~30 mph) —the fastest for any electric vessel—is crucial for commuters looking to cut travel times. The FlyTahoe ferry will connect the northern and southern parts of the lake in under 30 minutes, while driving around the lake often takes over two hours in the winter. FlyTahoe will create a vital link to the 14 world-class ski resorts encircling the lake, making it an ideal option for tourists and locals alike. “It’s ironic that while millions, myself included, drive around Lake Tahoe to admire its beauty, the road sediment we generate contributes to the largest threat to the lake’s famous cobalt blue clarity. Our service will provide a faster transport than cars or buses, while keeping Tahoe blue,” says Ryan Meinzer, Founder & CEO of FlyTahoe. Since Lake Tahoe, the second deepest lake in the US, never freezes over, the ferry can operate year-round. This added mobility convenience will enhance business and improve the lives of both locals and tourists, providing a versatile zero-emission solution to reduce traffic during both summer and winter seasons. A detailed analysis by the Tahoe Transportation District already recognized ferries as the best solution to reduce traffic congestion along Lake Tahoe’s north-south route, citing lower costs per user and faster travel times than cars and buses. However, that analysis, conducted before the advent of the P-12 technology, did not account for the electric ferry’s ability to reduce energy usage by 80% compared to traditional ferries—a factor that Meinzer says significantly bolsters the unit economics and overall business case. “This fusion of flight and electric technologies not only unveils a powerful new business opportunity with nearly 10x operational efficiency but also offers an unmatched customer experience of comfort and safety. Plus, we’ll not just be moving people faster; we’ll be boosting socio-economic mobility by connecting the north and south of the lake,” Meinzer adds. “We’re proud to partner with FlyTahoe to bring this revolutionary technology to the U.S. for the very first time. This will not only ensure more efficient commuting around Lake Tahoe and unlock business possibilities for waterfront communities, but it’s also a big step toward unlocking the potential of U.S. waterways for zero-emission transport,” says Gustav Hasselskog, of Candela. Source: Candelaplay jili178

Broadridge Announces First-of-its-Kind AI-Powered Algorithm Insights ServiceThanksgiving dinner in Kansas doesn’t need to be rehash of November election rifts

NEW YORK , Dec. 9, 2024 /PRNewswire/ -- To transform the landscape of algorithmic trading, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of an innovative AI-powered algorithm insights service for NYFIX. Driven by real-time liquidity mapping, the service is designed to empower asset managers, hedge funds, and other buy-side firms to achieve unprecedented accuracy, seamless workflow integration, and proven cost-efficiency. "Algo traders will now have a quantitative, data-driven service to power critical trading decisions," said George Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. "By harnessing the power of AI and historical insights, we're giving our clients the tools they need to navigate complex markets with greater precision and confidence. This innovative solution not only optimizes trading strategies, but also reduces costs, making it an invaluable asset for the buy-side." This is the first and only solution of its kind, using advanced AI to leverage public and private data to understand the liquidity landscape, particularly potential dark fill location. This approach identifies the ideal algorithmic execution for any given order, reducing outliers to improve overall trading costs. Traders benefit from real-time alerts and in-trade analysis, allowing for in-flight adjustments to stay aligned with their objectives, ensuring optimal strategy selection throughout the trading process. The NYFIX service was developed based on decades of proven research from Jeff Alexander and Linda Giordano , whose pioneering work at Babelfish Analytics established the standard for understanding routing dynamics, analyzing venue liquidity, and optimizing algorithm selection. This collaboration brings together unique and proprietary trader-focused insights with the trusted and transformational technological capabilities and extensive distribution capacity of Broadridge, creating a powerful service to enhance the trader's ability to improve performance. Available to NYFIX Order Routing customers in the U.S. equities market, the solution's framework is built to expand rapidly across other asset classes and regions, with future plans to extend access to clients on other Order Routing Networks. About Broadridge Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries. For more information about us, please visit www.broadridge.com . Broadridge Contacts: Investors: Edings Thibault Head of Investor Relations, Broadridge broadridgeir@broadridge.com Media: Gregg Rosenberg Global Head of Corporate Communications Gregg.Rosenberg@broadridge.com View original content to download multimedia: https://www.prnewswire.com/news-releases/broadridge-announces-first-of-its-kind-ai-powered-algorithm-insights-service-302326596.html SOURCE Broadridge Financial Solutions, Inc.

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