DETROIT – The State of Michigan is teaming up with Ford, Bedrock and Bosch to launch the nation’s first-of-its-kind, real-world test site for emerging parking technology – called the Detroit Smart Parking Lab. The lab opens in September, allowing mobility and smart infrastructure pioneers and real-estate innovators and startups to test parking-related mobility, logistics and
SAN FRANCISCO - Companies across the supply chain are struggling to hire new employees, and it's creating supply chain bottlenecks. "It's impossible to increase capacity if you don't have the labor," Timothy R. Fiore, chair of the Institute for Supply Management's Manufacturing Business Survey Committee, said on a July press call. And this inability to increase
TROY - Algo announced it has received a multi-million dollar investment from Plymouth Growth, an Ann Arbor private equity finance company. This new capital and strategic partnership will allow Algo to deepen its market penetration and increase sales and marketing capabilities. Details were not announced. Algo is a SaaS solution provider used by enterprise businesses,
SAN FRANCISCO - According to the recent Atlas VPN team findings, 51 percent of exploits sold on underground cybercriminal forums are for Microsoft products. The constantly growing number of published vulnerabilities could mean that the impact of cyberattacks will increase as well. The numbers are based on Trend Micro Research about the rise and imminent fall of
SOUTHFIELD - The SME Education Foundation will receive $6 million from the state of Michigan as part of the approved School Aid Fund Budget (PA 48 of 2021) crafted with bipartisan support from the Michigan Legislature. The award will double the number of schools participating in the unique manufacturer and educator partnership-driven SME PRIME initiative, which offers
JACKSONVILLE BEACH - NewSight Reality, Inc. announced the successful demonstration of breakthrough core technology at the heart of its Transparent Optical Module in collaboration with United States Special Operations Command in advancing the development and capabilities of TOM. NSR's TOM display engines will enable the Augmented Reality market to finally meet the objectives of normalized
CANTON – Life Sciences company MMS Holdings Inc. has appointed Kelly J. Hill to Executive Vice President of Global Business Operations and Strategy and Michelle Gayari to Executive Vice President of Global Operational Excellence and Innovation. Hill and Gayari are long-time members of the executive leadership team at MMS, which has remained unchanged for the
KALAMAZOO - The Kalamazoo/Battle Creek International Airport received a $1 million Small Community Air Service Development grant from the U.S. Department of Transportation to be used as a revenue guarantee and marketing to recruit and support new air service to attract an air carrier for new nonstop service to Charlotte, North Carolina. “Our local airports
MUSKEGON - Five groups or individuals have been selected as finalists for the 2021 Lakeshore Innovator of the Year award, presented by Grand Valley State University’s Muskegon Innovation Hub. The award celebrates and recognizes the most innovative ideas on the Lakeshore. The winner will be announced at a ceremony July 29 from 5-7 p.m. at
ANN ARBOR - The last few months have brought about unprecedented challenges for America’s small businesses. Between the need for people to stay home and the general economic downturn, these businesses are having to make difficult decisions about how to move forward. In some cases, relief efforts have provided some help. We wrote an article on
