Nauticus Robotics’ Aquanaut electric subsea robot system. If the Russian invasion of Ukraine has taught us anything it’s that war isn’t now so much a matter of slugging it out hand to hand on the battlefield and firing big lumps of metal at each other, although sadly that still happens, but increasingly about making far greater use of remote controlled and autonomous or semi autonomous weaponry. It’s also not just about using drones as observation platforms, target spotting or dropping a mortar bomb into an unsuspecting Russian tank’s hatch but the intelligent use of data gathering and observation. Here in Scotland we independence supporters often talk about what the shape and size of the Scottish armed forces might be and what opportunities it might present for Scottish industry. A few decades ago myself and a couple of colleagues working on Remotely Operated Vehicle (ROV) design put forward the idea of a simple, cheap, one shot, battery powered mine demolition vehicle controlled initially by a fibre optic link. But, we also toyed with the idea of making it semi autonomous. The idea being to use acoustic telemetry to guide it close to the target then allow its internal sensors (short […]

Click here to view original web page at www.energyvoice.com

Source: Shutterstock Flowserve Corporation ( NYSE:FLS ), might not be a large cap stock, but it received a lot of attention from a substantial price increase on the NYSE over the last few months. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. But what if there is still an opportunity to buy? Let’s take a look at Flowserve’s outlook and value based on the most recent financial data to see if the opportunity still exists. What Is Flowserve Worth? Flowserve appears to be overvalued by 20% at the moment, based on my discounted cash flow valuation. The stock is currently priced at US$33.77 on the market compared to my intrinsic value of $28.11. This means that the buying opportunity has probably disappeared for now. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since Flowserve’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a […]

Click here to view original web page at simplywall.st

Source: Shutterstock Today we will run through one way of estimating the intrinsic value of Shenandoah Telecommunications Company ( NASDAQ:SHEN ) by taking the forecast future cash flows of the company and discounting them back to today’s value. Our analysis will employ the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model . The Calculation We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second ‘steady growth’ period. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren’t available we extrapolate the previous free cash flow (FCF) from the last […]

Click here to view original web page at simplywall.st

Employers that maintain overfunded pension plans and are looking for ways to fund retiree health and/or group term life should take a fresh look at Section 420 of the Internal Revenue Code ("Section 420"), as amended by a provision tucked away near the end of the massive package of retirement plan changes in SECURE 2.0. Originally set to expire at the end of 2025, the SECURE 2.0 provision extends Section 420 through the end of 2032 and relaxes one of the key requirements to use surplus pension assets to pay retiree health and life insurance benefits for newly created de minimis transfers. We highlight this new option below. Background Section 420 permits a transfer of assets in an overfunded pension plan to a separate health benefits "401(h) account" or an applicable life insurance account, that is part of that plan, to provide the retiree health and/or group term life insurance benefits reasonably estimated to be incurred over a "transfer period" selected by the plan sponsor. The "transfer period" (1) can be limited to the taxable year of the transfer for plans with surplus assets that exceed 125% of the plan’s Code Section 430 funding target and target normal cost […]

Click here to view original web page at www.mondaq.com

Over 80 prominent Japanese buyers including and trading companies and retail chains/stores are in India to source their requirement from the 112 odd Indian exhibitors displaying their goods at the Upnext India 2023. Representative Image The decline in exports of apparel items from China to Japan provides a huge opportunity for Indian companies to push their shipments in Tokyo, AEPC said on Friday. To tap this opportunity, Apparel Export Promotion Council (AEPC) has organised a two-day buyer-seller meet for international players at its Apparel House in Gurugram . Over 80 prominent Japanese buyers including and trading companies and retail chains/stores are in India to source their requirement from the 112 odd Indian exhibitors displaying their goods at the Upnext India 2023, it added. AEPC Chairman Naren Goenka said: "We hold a strong business opportunity in Japan, reflected by the fact that China, which has been a dominant garment supplier to Japan, has witnessed a decline in the past 5 years giving significant advantage to India". Garment fraternity in both the countries have geared up to increase this trade taking advantage of duty-free access for Indian ready-made garments post Indo-Japan free trade pact, he said. The Indian garment industry is […]

Click here to view original web page at economictimes.indiatimes.com

Garden State Legislators, Franchisees and Franchisors Came Together to Brainstorm Ways to Leverage FIFA’s Quadrennial Event The International Franchise Association’s (IFA) Open for Opportunity Roadshow came to the Garden State this week, marking its 10th official stop around the country. Officially launched at IFA’s Annual Convention last year, Open for Opportunity was created to help people better understand franchising and its value to communities. “Franchisees are small-business owners, each with their own story. They are not a brand name,” said Jeff Hanscom, vice president of state and local government at IFA. “Our goal is to reshape the narrative about the franchise industry.” World Cup 2026 Host City The New Jersey Roadshow kicked off Thursday morning with a lively roundtable discussion at the New Jersey Restaurant & Hospitality Association in Trenton. The topic centered around the 2026 World Cup and the possibilities it presents to franchise business owners. The final match will be at MetLife Stadium in Rutherford, N.J. The meeting allowed franchisors and franchisees to talk with local legislators and share their struggles and stories. The World Cup presents “an opportunity of great reward and risk for franchise owners,” said moderator Mark Bonamo, a New Jersey resident and editor […]

Click here to view original web page at www.franchisewire.com

NaSPUoN-OGPM2030 UNOOSA The United Nations Office for Outer Space Affairs (UNOOSA) and Avio S.p.A. (Avio) have selected a consortium led by the University of Nairobi in Kenya, joined by the University of Arizona from the United States of America and the non-profit organization Space Trust as the first awardee of the ‘Accessing space with Vega C’ programme. The selected team will launch a CubeSat at no cost on board the Vega C rocket. The CubeSat will be used to demonstrate technologies, such as an inflatable antenna. It will build on NaSPUoN (Nanosatellite Platform for the University of Nairobi), a test bed to integrate satellite technologies, designed and developed by students from the University of Nairobi under a grant provided by Kenya Space Agency. The “Accessing space with Vega C” programme is delivered under the Access to Space for All initiative, specifically its Satellite Development Track. The track is dedicated to building capacity for designing, developing, operating, and utilizing satellites with a focus on developing countries. Acting Director of UNOOSA Niklas Hedman said: “We are thrilled that the Access to Space for All initiative keeps delivering unique programmes for the benefit of the UN Member States. Kenya has been strategically […]

Click here to view original web page at spaceref.com

Nothing is more overwhelming to college students than pondering their future after four years of immense fun and unforgettable memories. For many, the word ‘job’ comes to mind. And while the trials and tribulations of pursuing work experience in any type of field are undoubtedly real, employees at the Center for Career Advancement at Bucknell say they are here to assist students’ needs and worries. One exciting project the CCA regularly holds is a Job & Internship Fair, this past one being held on Feb. 7 in Gerhard Fieldhouse. Alison Ordonez, the Director of Employer Relations & Engagement for the CCA, played an integral role in the planning process of the fair—a process that she said took time, effort and a lot of due diligence. “Career fair planning is an entire office wide effort, even more so a campus wide effort,” Ordonez said. The CCA worked very closely with campus partners such as Events Management, Dining Services, Facilities, Print, Publication & Mail (PPM), Athletics and Public Safety, in addition to the three colleges to ensure this event could run smoothly. The planning of the Job & Internship Fair took place nearly nine months ago, as “we take into consideration […]

Click here to view original web page at bucknellian.net

On Thursday, Chaffee County Youth Alliance (CCYA), a community-based prevention program promoting positive youth development, announced its sixth annual mini-grant application for community organizations working with youth across Chaffee County. CCYA plans to distribute a total of $7,500, ranging from $1,000-$2,500 per grant award to support projects and programs focused on positive youth development (PYD) in Chaffee County. Grant applications are now open and may be requested by email by contacting Dibby Olson at dolson@chaffeecounty.org , or accessing the application form at bit.ly/CCYAMinigrant2023 . Grant parameters: Application deadline: 5:00 p.m. MST March 31, 2023 Decision date by committee: April 6, 2023 Award notifications: April 8, 2023 Award expenditure deadline: June 30, 2023 Projects must demonstrate that they are created, designed, and led by youth in Chaffee County End-of-project report required If the grant application is for an existing program, the proposed project/program must demonstrate a component authentically created and led by youth. Organizations that received mini-grants previously can be considered again as long as the proposed project/program meets grant requirements. Grant awards will be equally considered between Buena Vista and Salida. Positive Youth Development is: “an intentional, prosocial approach that engages youth… in a manner that is productive and […]

Click here to view original web page at arkvalleyvoice.com

© Reuters Analysts positive on NVIDIA’s (NVDA) ChatGPY, AI opportunity With the buzz of ChatGPT and other AI chatbots, analysts have speculated that it could benefit Nvidia (NASDAQ: NVDA ), and while Morgan Stanley analysts agree, they said in a research note that several reports have incorrectly characterized the direct opportunity for the company "in particular the revenue from Chat GPT inference." Nvidia shares are down more than 5% so far on Friday. "We think that GPT 5 is currently being trained on 25k GPUs – $225 mm or so of NVIDIA hardware – and the inference costs are likely much lower than some of the numbers we have seen," wrote the analysts. " Further, reducing inference costs will be critical in resolving the ‘cost of search’ debate from cloud titans." The analysts have an Equal-Weight rating and a $175 price target on Nvidia. However, they did state that deep learning for natural language was part of the firm’s Nvidia upgrade in 2018 "as deep learning activity was growing beyond vision applications into large language transformers." Elsewhere, Jefferies analysts raised the firm’s price target on Nvidia to 275 $225, maintaining a Buy rating on the stock. The analysts state […]

Click here to view original web page at www.investing.com