All posts in "Scottsdale"

Chinese Startup TuSimple Just Raised $55 Million For Self-Driving Trucks In AZ

via fortune.com

TuSimple, a China-based autonomous truck technology startup that is backed by Nvidia(NVDA, -3.53%), has raised $55 million in a Series C funding round led by Composite Capital.

Existing investors Sina (SINA, -2.58%), operator of China’s biggest microblogging site Weibo, and ZP Capital also participated in the round. In August, the company announced $20 million in funding from investors that included Nvidia and Sina. The company is working on a “full-stack solution,” an industry term that means it’s developing and bringing together all of the technological pieces required for autonomous driving. TuSimple is developing a Level 4 system is a designation by the SAE that means the vehicle takes over all of the driving in certain conditions.

The autonomous trucking startup, which was founded in 2015, plans to use the new influx of capital to scale up its testing to two full truck fleets in China and the U.S. The eventual plan is to introduce commercial autonomous trucking services in 2019. The company will start truck fleet testing in 2018, beginning with two routes: 120-mile highway stretch between Tucson and Phoenix in Arizona and another segment in Shanghai.

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Bike Sharing Rolls Into AZ

 

Via azcentral.com

The latest evolution in bike-share programs gained its first Arizona foothold in Scottsdale.

LimeBike launched Tuesday with 150 bikes placed throughout the city and plans to expand in the coming months, LimeBike spokeswoman Mary Caroline Pruitt said.

Unlike the Grid Bike Share program in Phoenix, Tempe and Mesa, LimeBike is a dockless share system that relies on GPS.

 

Via azcentral.com

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SiteLock Fastest Growing Software Companies 3 Years In A Row

 

Via markets.businessinsider.com

SCOTTSDALE, Ariz., Nov. 9, 2017 /PRNewswire/ — SiteLock today announced it was named to the Deloitte Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. The company also garnered recognition as Arizona’s fastest growing software company for the third consecutive year, and earned distinction as the fastest growing company in Arizona overall, boasting a growth rate of 603 percent during a three-year period.

SiteLock President, Neill Feather, credits the company’s continued growth and recognition to a deliberate focus on product innovation and targeted customer acquisition strategy, both driven by exceptional customer service and support. Software innovations include SMART® DataBase, a scanning tool designed to automatically find and remove known malware from WordPress databases, and the SiteLock Risk Assessment, a proprietary predictive model used to determine a website’s likelihood of attack.

“We are honored to be included once again in the Deloitte Technology Fast 500. Earning recognition as the fastest growing software company in Arizona for the third consecutive year is a direct result of our continued focus on addressing a growing need in the market, and delivering superior technology specifically designed to help small and medium sized businesses thrive on the internet,” said Feather. “Our mission is to protect every website on the internet. As cyber threats and breaches continue to dominate headlines, helping website owners become proactive about website security has never been more important.”

 

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Scottsdale’s StandardAero Buys Airbus’ Vector Aerospace

 

Via aerospacemanufacturinganddesign.com

Scottsdale, Arizona-based StandardAero Aviation Holdings Inc. and Airbus SE have finalized StandardAero’s acquisition of Vector Aerospace Holding SAS from Airbus. Negotiations for the acquisition were announced in July 2017. Terms of the deal were not revealed.

Vector – a global aerospace maintenance, repair, and overhaul company for turbine engines, components, fixed- and rotary-wing aircraft – generated revenues of more than $700 million in 2016. It employs approximately 2,200 people in 22 locations across Canada, the United States, the United Kingdom, France, Kenya, South Africa, Australia, and Singapore.

The newly combined company, which will use the StandardAero name, has more than 6,000 employees in 42 locations across five continents, with annual revenues of approximately $3 billion.

 

read more at aerospacemanufacturinganddesign.com

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Arizona Lab Freezes Bodies To Bring Back From The Dead

Via wxyz.com

SCOTTSDALE, AZ – The chance to live forever is science fiction in most conversations, but a lab in Scottsdale, Arizona believes it can freeze your body after death and maybe bring you back years in the future.

ALCOR Life Extension practices the science of cryonics. Big metal containers at ALCOR hold bodies of people who are legally dead, but considered lives on hold by ALCOR cryopreservation.

ALCOR receives bodies shortly after death and begins the process of lowering the body temperature.  All bodily fluids are replaced with cryo-protectant that More describes as biological antifreeze. The cryo-protectant means bodies aren’t actually frozen, which can cause cellular damage. Instead, ALCOR super cools the bodies to -320 degrees Fahrenheit.

ALCOR has 152 bodies “living” in groups of four in stainless steel vats filled with liquid nitrogen. Their most famous client is Ted Williams, the Boston baseball slugger who had his head preserved.

 

 

 

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Indian American Entrepreneur Anita Malik to Run For Congress In Arizona

 

Via theindianpanorama.news

KANSAS (TIP): Indian American Entrepreneur Anita Malik, a Democrat, announced her candidacy to run against Congressman David Schweikert in Arizona’s 6th Congressional District.

Anita’s entrepreneurial projects have often struck a chord nationally. In 2004, she founded East West Magazine, a national publication celebrating the pan Asian-American life. She was featured on FOLIO’s “40 Under 40” list for her ability to eloquently promote and support a multicultural America. Anita was also a regular guest on NPR’s “Tell Me More.”

Anita’s motivations in business changed when she lost her father to cancer in 2003. No success in business matters, he reminded her, if you don’t have your health. Since then, Anita’s energy has been focused on creating healthy, compassionate and balanced workplaces. She hopes to continue this mission with legislation to support affordable childcare options, wellness programs and equal pay.

 

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Arizona Technology Council Launches Smart City Summit

 

Via azbigmedia.com

Arizona Technology Council, in partnership with Sustainability Transition Consulting, will present the inaugural Smart City Summit: Share Your Smarts. The all-day event, featuring a stellar lineup of speakers, will occur Thursday, September 28 from 8 a.m. to 5 p.m. at the DoubleTree Resort by Hilton Paradise Valley – Scottsdale, 5401 N. Scottsdale Road, Scottsdale. Pricing, the agenda and registration can be found here.

“The Smart City Summit is an important event that will bring business, education and government leaders together to discuss the future well-being of our cities,” said Steven G. Zylstra, president and CEO of the Arizona Technology Council. “There is much we can do in Arizona to make our cities cleaner and more sustainable, and to develop infrastructure that lends itself to a connected environment that improves transportation, education, security and communication.”

The Greater Phoenix Economic Council (GPEC) has stated that a major opportunity for the region lies in capitalizing on its legacy sectors that are evolving in emerging technologies, such as the Internet of Things (IoT) and sensors. As a result, GPEC has embarked upon an effort to brand Greater Phoenix as “The Connected Place.”

“Arizona has become a hotbed of testing self-driving autonomous cars, with much of the underlying sensor technology emerged from military and aerospace applications,” said Zylstra. “Innovation is happening in our state faster than you can imagine. Companies here include those in manufacturing, as well as the components, software, and communications systems that power and operate them.”

In line with The Connected Place theme, the Summit goal is to bring Arizona together to share the latest advances in transportation, security and education as they apply to the development of smart cities, smart universities and smart schools. The Summit is open to leaders in corporate, education and government institutions, with the purpose of discussing the progress the state has made in the three core values promoted by the Smart Cities Council: livability, workability and sustainability.

The Summit will feature four separate tracks: network security, IoT, education and transportation. For each topic, a panel of experts will discuss the progress we have made, the challenges we face and the innovations being developed to overcome these challenges.

Speakers for the Summit include Philip Bane, managing director, Smart Cities Council; Sameer Sharma, global GM, Intel; Frank Grimmelmann, president and CEO, Arizona Cyber Threat Response Alliance; Curt Cornum, vice president – chief architect, Insight; Steve Thompson, general manager – Phoenix, Uber; and many more.

For more information on the Arizona Technology Council, visit www.aztechcouncil.org.

Copyright 2017 AZ Big Media. All Rights Reserved.

 

 

 

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TPT Increases Tax-dollar Distribution

 

Via apachejunctionindependent.com

The first year of full implementation of the Arizona Department of Revenue’s transaction privilege tax simplification is seeing increased tax-dollar distribution back to participating cities, including Apache Junction, according to a press release.

TPT is a gross receipts tax levied on businesses by the state of Arizona for the privilege of conducting business in the state. For the first six months of 2017, ADOR distributed more than $1.4 billion to 91 cities.

On Jan, 1, 14 municipalities, including Apache Junction, Chandler, Mesa, Scottsdale and Tempe, joined 77 Arizona cities under the state TPT collection program. For the first half of 2017, the east Valley cities received the following in TPT distribution:

•Apache Junction – more than $6.3 million, a 3.33 percent increase from the same period in 2016. •Chandler – more than $60 million, a 4.68 percent increase compared to the first six months of 2016. •Mesa – more than $82.6 million, a 3.79 percent increase from what the city collected in 2016. •Scottsdale – more than $101.3 million, a 2.59 percent from the same period in 2016. •Tempe – more than $77.2 million, a 6.59 percent increase compared to the first half of 2016.

“The Arizona Department of Revenue is pleased that after years of working with cities to implement this centralized licensing and reporting framework for thousands of Arizona businesses, transaction privilege tax reform is now fully implemented under Gov. (Doug) Ducey’s administration,” Arizona Department of Revenue Director David Briant said in the release. “TPT is a streamlined and efficient program that enables hundreds of thousands of businesses to register, file returns and make TPT payments via a central portal.”

Under ADOR’s full implementation of TPT simplification, the agency is the single point of administration and collection of state and city taxes for all business, including residential rental owners in the state. Businesses do not have to file two or more TPT returns, one with ADOR and another with the city or cities where the taxable activity occurred. The businesses need to only file one return for all taxing jurisdictions. In addition to collecting TPT payments, ADOR oversees all licensing and administering of TPT, saving participating cities hundreds of staff positions, according to the release.

“The Arizona Department of Revenue is focused on enhanced customer service and as part of the TPT program, we have expanded our education and outreach programs with businesses and program cities to ensure TPT is working the way it should,” Mr. Briant said.

The agency recently established a special phone hotline, 602-716-7368, and dedicated e-mail address, residentialrental@azdor.gov, for residential rental property owners required to have TPT licenses.

For more information on TPT and the ADOR, go to https://www.azdor.gov/TransactionPrivilegeTax(TPT).aspx. A reporting guide is at https://www.azdor.gov/TransactionPrivilegeTax(TPT)/ReportingGuide.aspx.

© 2017 Independent Newsmedia Inc. USA. All rights reserved.

 

 

 

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Made in Arizona: This Valley Business Negotiates Car Prices For You

Via 12news.com

SCOTTSDALE, AZ- The day Kirk Lipson’s son wanted to buy a car, he knew what kind of car he wanted to get but when it came to the financing part of it, he was clueless. That’s when Lipson’s idea for a new business came to life.

“My son is like many millennials, incredibly smart but when it came to financing he was completely lost,” said Lipson, president and CEO of MaxCar Pro. “And not only him, many women and busy business people, they don’t have the time, patience, desire or knowledge to negotiate when buying a car.”

The average time spent at a dealership is four hours, according to numbers from Scott Leuthold, owner of Prcevr Agency.

“We’ve conducted research and surveys over the last two months, and what we discovered interviewing people who actually purchased vehicles…really only 5 percent of the people interviewed actually enjoyed the car buying experience,” Leuthold said.

For Lipson the timing was perfect. He launched his business and in the last couple of weeks his plan and investment have started to pick up.

“For a flat fee we negotiate the price, the financing, gas it up and wash it for you,” Lipson said. “You can be at work and by the end of your shift, your new car will be waiting for you outside your workplace.”

He recommends that you do some homework with your bank, such as finding out how much financing you actually qualify, knowing your budget and spending limits is key to the affordability of your vehicle– the rest is up to them.

“Look at the car you can afford, you don’t want to jump into a vehicle that down the road you find out is out of your league,” Lipson said. “We handle it from there, wether it’s a $15,000 or a $150,000 car, we can do the work for you.”

MaxCar Pro is looking at setting the foundation here in the valley. Once Lipson gets the business where he wants and fixes the nicks and dents to the business, the goal is to expand to neighboring states and eventually go national.

“I’m a native. Born and raised here in Phoenix,” Lipson said. “We don’t plan on ever leaving the Valley if we don’t have to.”

Through the first few months MaxCar Pro is operating, 50 percent of all the profits will be donated to Playworks, a local non-profit organization here in our state.

 

 

 

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TPI and Senvion Sign Wind Blade Supply Agreement and Cooperate on RodPack Technology

Via globenewswire.com

SCOTTSDALE, Ariz., Aug. 14, 2017 (GLOBE NEWSWIRE) — TPI Composites, Inc., (TPI) (Nasdaq:TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that it is providing additional details regarding the signing of a new supply agreement that it previously disclosed on August 8, 2017.

TPI has signed a multiyear supply agreement with Senvion S.A. to provide blades from two manufacturing lines for wind markets including Asia, Australia and South America. The blades will be produced at TPI’s facility in Taicang Port, Jiangsu province, China with production planned to commence in Q1 2018.

The blades will be manufactured using proprietary RodPack technology, a highly advanced material system that when used in the main girder, enables optimized blade design as well as faster and higher-quality blade production.  Senvion purchased the RodPack technology in 2015 and has designed it into several blade models.   As part of this agreement, TPI will establish high-volume, high-quality, low-cost supply of RodPack from its operations in China.

“We are pleased to add Senvion as a key customer and that Senvion has chosen TPI as its wind blade outsource and technology partner for the Asian, Australian and South American markets,” said Steve Lockard, President and CEO of TPI Composites.  “TPI will support Senvion’s technology advancements by producing RodPack material in a world-class manner.”

Christian Roth, COO of Senvion added, “We have chosen TPI due to its strong quality track-record, cost competitiveness, global footprint and ability to support Senvion’s drive for technology leadership.”

TPI has produced wind blades in Taicang Port, China since 2007. TPI currently produces wind blades and precision molding and assembly systems in four facilities in China.

About TPI Composites, Inc.

TPI Composites, Inc. is the only independent manufacturer of composite wind blades for the wind energy market with a global footprint. TPI delivers high-quality, cost-effective composite solutions through long term relationships with leading wind turbine manufacturers. TPI is headquartered in Scottsdale, Arizona and operates factories throughout the U.S., China, Mexico, and Turkey.

About Senvion S.A.

Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location – with rated outputs of 2 MW to 6.15 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 4,500 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 6,600 wind turbines around the world. The company’s operational subsidiary Senvion GmbH is based in Hamburg and represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia, Japan, India and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.

 

 

 

 

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