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( MENAFN - ABN Newswire) Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce the execution of a third offtake Heads of Agreement (HOA) between Axsol GmbH (Axsol) and Altech Batteries GmbH. - Strategic Heads of Agreement - Executed with Axsol GmbH (Axsol) - Certified supplier to NATO - Offtake for 10MWh in first year, then rising to 30MWh in subsequent years - Option to increase to 120MWh per subject to availability - For the first five (5) years of production - Exclusive Distribution Agreement for Western Defence Industries - Cooperation for multisystem battery management system (BMS) Axsol is a leading, award-winning provider of integrated renewable energy solutions and is based in Germany. Axsol leverages its expertise in diverse battery technologies and systems, alongside specialised equipment, to seamlessly integrate solar, wind, hydrogen energy and fuel cell solutions. These advanced energy systems ensure safe and reliable energy supply across multiple industries. Altech has entered into an exclusive distribution agreement with Axsol to supply the western defence industry with CERENERGY(R) battery technology. As a certified supplier to NATO and select western allied forces, Axsol's involvement will streamline qualification procedures, enabling early market entry and sales of CERENERGY(R) batteries. These highly robust, durable and non-flammable batteries are ideally suited for defence applications and government agencies. Additionally, Altech will collaborate with Axsol to leverage its expertise and know-how in efficiently managing and integrating various battery technologies with multiple energy supply sources using its advanced energy management system, "AXOS." Future Battery Energy Storage Systems (BESS) are expected to incorporate multiple battery technologies tailored for different applications. As such, smart integration is essential to ensure their efficient, reliable and cost-effective operation. Key Terms of the Agreement - Deliveries are expected to commence in Q1 2027 at the earliest, following the commissioning of Altech's production plant. - Technical specifications and guarantees will align with the provided data sheet. - A confidential price per GridPack has been agreed upon. - Minimum purchase targets are set at: o 10 MWh in 2027; and o 20 MWh in 2028; and o 30 MWh annually from 2029 to 2031. - Subject to availability, maximum purchase targets are: o 30 MWh in 2027; and o 60 MWh in 2028; and o 120 MWh annually from 2029 to 2031. - Axsol is the exclusive distribution partner for Altech CERENERGY(R) batteries to western defence industries. - Altech and Axsol will collaborate on the development of a multisystem battery management system. Management Comment - CEO Iggy Tan "We are delighted to have secured such a competent partner in Axsol, enabling Altech to enter the highly attractive defence-related market segment with our CERENERGY(R) GridPack Battery Energy Storage System. Axsol's strong interest in our technology highlights the unique advantages of Altech's CERENERGY(R) Sodium Chloride Solid State Battery technology and the exceptional unique selling points we bring to the market." Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market. MENAFN17122024000111011020ID1109005184 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
The 10 cities with the most billionaires on Earth - Yahoo! Voices
Unpacking the Relationship Between Market Sentiment and Crypto PricesThe Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Distraught man tried to get police to shoot him, ultimately leading to shots fired in both directions Distraught man tried to get police to shoot him, ultimately leading to shots fired in both directions Youngkin wants to pull Virginia funding from ‘sanctuary cities’ Youngkin wants to pull Virginia funding from ‘sanctuary cities’ Isle of Wight teacher arrested on child porn charges Isle of Wight teacher arrested on child porn charges Woman dies, driver injured in James City County crash Woman dies, driver injured in James City County crash Large drone spotted in Virginia Beach near military installation Large drone spotted in Virginia Beach near military installation Colonial Williamsburg’s Grand Illumination has echoes across the US Colonial Williamsburg's Grand Illumination has echoes across the US Wrong-way driver on I-64 arrested, charged with driving under the influence Wrong-way driver on I-64 arrested, charged with driving under the influence David Teel: Pure genius or desperate folly? UNC welcomes Bill Belichick. David Teel: Pure genius or desperate folly? UNC welcomes Bill Belichick. Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor The Navy’s fighter pilots fly at the extremes. Their brains may suffer. The Navy’s fighter pilots fly at the extremes. Their brains may suffer. Trending Nationally President Joe Biden commutes sentences for two of Chicago area’s most notorious fraudsters Drone sightings reach Pennsylvania; Monroe County officials ask residents to report them to 911 How pythons and other invasive species may have spread farther in Florida due to hurricanes Snowboarder seriously injured in 47-foot fall from chairlift at Keystone Resort ‘Enron CEO’ Connor Gaydos hit in the face with pie in New York City
Danaher had a disappointing 2024. Its path to success next year goes through Wall Street
Bayan al-Hinnawi, who spent years behind bars in Bashar al-Assad's Syria, joined crowds in the heartland of the Druze minority on Friday to celebrate the president's fall, "a dream" come true for the former prisoner. Hundreds of people descended on Sweida's main square, singing and clapping in jubilation, just days after Islamist-led rebels took the capital Damascus, sending Assad fleeing. The Druze-majority city in Syria's south has been a focal point of renewed anti-government demonstrations over the past year and a half. On Friday, residents waved Syria's pre-Assad flag of white, green and black with three stars, and raised olive branches in a sign of peace. Some of them have lost family members during the anti-government uprising that began in 2011 and spiralled into civil war. Others, like Hinnawi, had languished in prison under the Assad family's five-decade rule. "It was a dream," said 77-year-old Hinnawi of Assad's ouster. Decades ago, a few years after Hafez al-Assad seized power -- which he later handed over to his son Bashar -- a 23-year-old Hinnawi was jailed. He was released 17 years later. The grey-haired man said he had "dreamed that one day the regime would fall", but did not believe that he would live to see the day. "It's a wonderful sight. Nobody could have imagined that this could happen", he said. But his joy was incomplete, remembering the many who have died in jail. "I wish that those who died when I was imprisoned in Mazzeh or Saydnaya could see this scene," said Hinnawi. Since Assad's fall, rebel forces and residents have broken into both detention centres, freeing political prisoners and searching for long-missing loved ones. Activists and rights groups say the Assad government tortured and abused inmates at both facilities. "I got out when I was 40, I missed out of my whole life," said Hinnawi, who served in the Syrian army before being jailed. Recalling torture behind bars, he said that "no oppressor in history has done what they did to us." Since Sunday, the ousted government's security forces were nowhere to be seen in Sweida, and the office of Assad's Baath party has been abandoned, as have army checkpoints on the road to Damascus. Local armed men are present, but not the Islamist group Hayat Tahrir al-Sham which spearheaded the rebel offensive against Assad. Siham Zein al-Din, who lost her son in 2014 after he defected from the national army to join rebel fighters, said he had "sacrificed his life... for freedom, for dignity". The family was still searching for Khaldun's remains, said his 60-year-old mother. Like her son, some members of the Druze community took up arms against Assad's forces during the war. The Druze, who also live in Lebanon, Israel and the Israeli-occupied Golan Heights, make up about three percent of Syria's population, around 700,000 people. Beyond defending themselves from attacks in the areas where they live, Syria's Druze largely stayed on the sidelines of the civil war. Many managed to avoid compulsory conscription since 2011. Residents of Sweida have long complained of discrimination and the lack of basic services. Many buildings in the city are constructed from black volcanic stone that can be found in the area, and its roads have fallen into disrepair. Sheikh Marwan Hussein Rizk, a religious leader, said that "Sweida province has been marginalised" for decades, with most of its residents living in poverty. But, surrounded by the joyful protesters, Rizk said better days may be coming. "Today, we look to the future and ask for a helping hand... Our hand is extended to all Syrians." Next to him, resident Hussein Bondok held up a poster of his brother Nasser, a journalist and opposition activist who was last heard from in 2014 when he was arrested. Bondok, 54, said he believes his brother was likely killed under torture in one of Damascus's prisons. Nasser struggled for freedom, Bondok said. "I want to congratulate him now, because the seeds he had planted with his brothers-in-arms has become a tree." lk/ami/itFreiburg survives late onslaught to beat Wolfsburg in Bundesliga thrillerAlyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians
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The RCMP will create a new aerial intelligence task force to provide round-the-clock surveillance of Canada’s border using helicopters, drones and surveillance towers. The move is part of the federal government’s $1.3-billion upgrade to border security and monitoring to appease concerns of U.S. president-elect Donald Trump about the flow of migrants and illegal drugs. Trump has threatened to impose a 25 per cent tariff on all Canadian and Mexican exports to the U.S. as soon as he is inaugurated next month unless both countries move to improve border security. Public Safety Minister Dominic LeBlanc says he has discussed parts of the plan with American officials and that he is optimistic about its reception. Canada will also propose to the United States to create a North American “joint strike force” to target organized crime groups that work across borders. The government also intends to provide new technology, tools and resources to the Canada Border Services Agency to seek out fentanyl using chemical detection, artificial intelligence and canine teams. The union representing rank-and-file Mounties is welcoming the federal plan unveiled in the fall economic update Monday. Money, to be spread over six fiscal years, is earmarked for the RCMP, Public Safety Canada, the Canada Border Services Agency and the cyberspies at the Communications Security Establishment. RCMP members enforce laws between official points of entry and investigate criminal activities related to the border. National Police Federation president Brian Sauvé says members have been protecting the border with limited resources, and the new money will allow them to continue delivering on their mandate. Aaron McCrorie, the border services agency’s vice-president of intelligence and enforcement, said in a recent interview that irregular migration and smuggling of drugs such as fentanyl are common concerns for Canada and the United States. “These aren’t concerns that are unique to the United States. We share those same concerns,” he said. “In that sense, it really speaks to the need for us to work collaboratively.” McCrorie said the Canadian border agency is working closely with U.S. counterparts including Customs and Border Protection, the Drug Enforcement Administration and Homeland Security, as well as with agencies in Britain, Australia and New Zealand. “Criminal enterprises, organized crime, they don’t respect international boundaries. They collaborate, they exploit weaknesses in the system,” McCrorie said. “And so the best way to confront them is to is to collaborate on our side, fill those gaps, support each other’s efforts.” He said Canada’s border agency has two targeting officers embedded with U.S. Customs and Border Protection, and the American agency plans to soon send a targeting officer to Canada.
Trump’s lawyers rebuff DA’s idea for upholding his hush money conviction, calling it ‘absurd’Northern Ontario man sentenced for killing his dogYouTube’s reigning king, MrBeast, just dropped his latest banger, "Beat Ronaldo, Win $1,000,000," and it’s packed with star power. The video features Cristiano Ronaldo, Tom Brady, Olympic sprinter Noah Lyles, MLB slugger Bryce Harper, golf champ Bryson DeChambeau, and even IShowSpeed. But here’s the kicker: Ronaldo and IShowSpeed didn’t actually meet, leaving fans of both creators absolutely crushed. In classic MrBeast style, the stakes are sky-high. Everyday contestants went head-to-head with these sports legends, trying to win up to $100,000 per challenge—or in Ronaldo’s case, a jaw-dropping $1 million. If they lost? The cash went to the athlete’s chosen charity, so either way, it’s a win-win. The video opens with high school quarterback Jake taking on Tom Brady in a wild balloon-popping contest, aiming for precision and speed. Then, MrBeast’s buddy Jonah races Noah Lyles in a brutal 200-meter sprint. Even IShowSpeed jumps into the action, blazing through a 50-meter race against Lyles in a clip that had fans hyped. Next up, social media star Big Justice faced Bryce Harper in a home run derby, while amateur golfer Aaron took a swing at beating Bryson DeChambeau in a one-hole showdown. Each challenge was as intense as it was unpredictable. The grand finale? Cristiano Ronaldo himself went head-to-head with Khalid, a football superfan, in a high-pressure target shootout with $1 million on the line. It was the perfect cap to a video that delivered on drama, laughs, and epic sports moments. While fans loved the action, the missed chance for IShowSpeed and Ronaldo to finally meet has become the ultimate "what if?" moment. Still, with MrBeast bringing together this level of star power, it’s safe to say no one’s leaving disappointed.
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FREIBURG, Germany (AP) — Freiburg survived a late comeback to beat Wolfsburg 3-2 and move into fifth place in the Bundesliga on Friday. The sides started the day equal on points and Wolfsburg had won its last five games in the league and cup. But Lukas Kübler scored an opportunist opener three minutes before the break and added a second with his head six minutes into the second half to put Freiburg in the driving seat. Michael Gregoritsch added the third in the 62nd. Jonas Wind came off the bench to score his third goal in two games and Mattias Svanberg cut the deficit seven minutes from time as Wolfsburg desperately looked for a way into the game. But it was too late, and Freiburg moved above Wolfsburg to fifth place on the table and equal on points with Leipzig, which has a game in hand. The match was an important one for two teams vying for a Champions League place next year. Although Bayern Munich have a six-point advantage over second-placed Eintracht Frankfurt, only eight points separate the next nine clubs. ___ AP soccer: https://apnews.com/hub/soccerMusk's millions for Trump make him biggest US political donorTopone Exchange: 1000x Leverage and Free Trading, All at the Fingertips
(CNN) — When President Donald Trump was searching for a new FBI Director after firing James Comey in 2017, he wanted among other things someone who looked the part of America’s top law enforcement official. Christopher Wray, a 50-year-old Yale-trained lawyer, was at the top of the list thanks to his conservative credentials as a leading partner at one of the nation’s biggest law firms and experience running the criminal division in George W. Bush’s Justice Department. For Trump, who has always placed emphasis on people looking the part for their jobs, Wray’s square-jawed serious demeanor helped seal the deal, people close to the process told CNN at the time. Soon after he became director, however, Trump began grousing that Wray wasn’t doing enough TV, people briefed on the matter said. Trump’s view was that the FBI director should be seen publicly supporting the president, who was in the middle of the Russia investigation into his campaign. Years later, in the spring of 2022, Trump sent Wray a handwritten letter, according to one person familiar with the note, congratulating him on his recent appearance on “60 Minutes” in which Wray discussed Chinese espionage efforts directed at the US. What Trump didn’t know at the time was that the FBI was beginning a criminal investigation, based on a referral from the National Archives, into his decision to hoard classified documents at Mar-a-Lago. The FBI court-authorized search of Mar-a-Lago that August led to a grand jury indictment against Trump — and ended any chance of Wray keeping his job in Trump’s second term. “He invaded my home,” Trump said on NBC’s “Meet the Press” this week, lambasting the director he chose . “He invaded Mar-a-Lago.” As Trump prepares to replace Wray with Kash Patel, a MAGA acolyte who has joined the president-elect in vowing to use the Justice Department to target political adversaries, Wray’s departure marks a clear end to a decadeslong era of independence for the FBI. When he first hired Wray, Trump’s expectations of unbridled fealty, a loyalty standard that Comey has said Trump also asked him to meet, were a sharp departure from the culture of the modern FBI, which has assiduously cultivated its independence since the Watergate scandal and the abuses of the 48-year reign of J. Edgar Hoover. It’s an independence that has irritated almost every president through the years. Compared to Comey, whose frequent media appearances caused some of the bureau’s problems, Wray preferred to keep a lower profile and avoided the press. That was not the type of director Trump was anticipating, according to senior administration officials. That mismatch in expectations helped create a tightrope Wray tried to walk during Trump’s first term, as he limited his direct interactions with Trump while focusing on priorities that were important to the administration. Wray is “an ideal person to run the FBI because he recognizes it’s a non-partisan job and he has the respect of the troops,” said a former Justice Department official who helped push for Wray’s hiring. While Trump and Republicans rail against the so-called weaponization of the bureau, the former official said, “Kash Patel is exactly what Trump says he doesn’t want in an FBI director: someone who is going to weaponize the FBI.” Wray’s tenure under Trump was punctuated by periods of significant tension. Unhappy about the investigation into Russian meddling in the 2016 election, and eventually their failure to support his claims of fraud in the 2020 election, Trump would often lash out at Justice officials, including at times at Wray. At least twice, Wray told aides that he was prepared to resign over Trump’s demands, according to a former US official briefed on the matter. “A couple times, it got to where he said ‘I’m not going to do that,’ and he was persuaded to stay,” the former US official said. A current senior FBI official said that employees are frustrated that some of the attacks against the bureau and Wray were for decisions by their bosses at the Justice Department, which the FBI sometimes disagreed with. Early in the Biden administration, for example, the Justice Department issued a memo suggesting parents protesting at school boards over Covid measures could be investigated if they made threats. The FBI distanced itself from the memo, which never produced any actual investigations. But the damage was done, and Republican lawmakers continue to cite the issue as an example of overreach. The pressures on Wray came into clear view in June 2020, days after riots erupted across the country following the police killing of George Floyd. Wray, along with Vice President Mike Pence and Attorney General Bill Barr, stood in the FBI’s command center in downtown Washington, DC. After riots swelled around the city, a few blocks away a fire was set in the basement of historic St. John’s Church as protesters gathered in Lafayette Square outside the White House. Barr took charge of the law enforcement response and ordered 150 FBI agents into the square to clear protestors that night, according to a person present, despite some agents raising concerns that FBI agents aren’t trained to do crowd control, noting the risk that an agent or a protester could be killed. The decision was made and agents were deployed to patrol the streets of Washington. Wray later apologized to agents, noting that orders weren’t coming from him or even Barr, but from Trump, according to the person present at the command post. Days later Wray spoke at a press conference alongside Barr and for the first time appeared to endorse the idea that Antifa was behind the violence, something Trump had been insistent on despite a lack of evidence to support his claims. “We’re seeing people who are exploiting this situation to pursue violent extremist agendas,” Wray said. “Anarchists like Antifa and other agitators. These individuals have set out to sow discord and upheaval rather than join in the righteous pursuit of equality and justice.” Inside the bureau, some officials were surprised that Wray had come to echo Trump and Barr’s claims about Antifa. But Wray’s words, temporarily at least, served to help bolster Trump’s confidence that Wray and the FBI were doing what he wanted. Months later at a congressional hearing, Wray told lawmakers that Antifa was an ideology, not a group, prompting criticism from Republicans. At the bureau, where Comey was well-liked as director, Wray’s arrival in 2017 was a sharp turn. But it was a welcome one for employees who hoped that a more understated director would lower the political heat on the bureau and refocus attention on its national security and criminal enforcement missions. Visibly uncomfortable in large crowds, Wray has a political gift in smaller gatherings, particularly rank-and-file employees who rarely get face time with the director, current and former FBI officials said. When he spoke to graduating classes of new agents at the FBI academy in Quantico, Virginia, Wray often compared the teamwork aspect of being an FBI agent to being on a rowing team, invoking his own time as a Yale crew team member. For each graduating class, Wray would eat lunch at the cafeteria with six to eight students who were viewed as leaders of their class, a former FBI agent who admires Wray told CNN. Like he did for all his meetings or when he was a trial attorney, Wray was known to prepare before even small gatherings at the academy. “He’s not a guy who works on emotion, he is very tactical, very prepared,” the former agent said. Former senior FBI officials said that while Wray didn’t like to speak publicly in the media, he was good at building relationships with local law enforcement agencies and with private sector companies that the FBI needs for its national security and counter-terrorism efforts. He often insisted to speak directly to current and former employees struggling with bereavement or health issues, notably former FBI employees suffering from post-9-11 illnesses. Every time a police officer was killed on duty anywhere in the US, Wray made calls to their family or police chiefs. “I cannot tell you how many deathbed calls he has made,” the former US official said. After Trump announced his intention last month to replace Wray with Patel, Wray wrestled with how to leave the bureau he had helmed for nearly eight years. He struggled with whether it was better for the FBI and its tradition of independence to stay and be fired, or to leave before Trump’s arrival to save the bureau from further attacks, people close to his thinking said. Ultimately Wray decided to announce his plans to resign to hundreds of FBI employees at the Washington, DC, headquarters, saying he would leave before Trump took office. His speech tacitly acknowledged the political headwinds the FBI will face under the new presidency. Wray also took the time during the speech to highlight the accomplishments by his agents throughout his years there, from thwarting terror plots to stopping cyber-attacks on US infrastructure and hospitals, fentanyl seizures and rescuing children from predators. “An awful lot of people are alive today because of your tireless efforts ,” Way told the audience. “As daunting as all that may sound, I’ve got enormous confidence in you and your ability to continue to meet the threats coming over the horizon.” Under Wray, the FBI stopped numerous foreign hacking operations from countries like China and Russia, alleged Iranian plots to kill current and former government officials, and opened up the largest investigation in FBI history, charging more than 1500 people in connection to the January 6, 2021, US Capitol attack. Still, none of it was enough to save Wray, whose tenure ends the same way as Comey’s – with Trump angry about being investigated by what he sees as his own FBI. 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NEW YORK — After missing last weekend’s loss to the Dolphins, Jets running back Breece Hall could return in Week 15. Hall (knee) is listed as questionable for Sunday’s game against the Jaguars. “He looks good right now,” Jets interim coach Jeff Ulbrich said on Friday afternoon. “So, it looks promising.” Hall injured his knee during the Jets’ Week 11 loss to the Colts. However, Hall played in the team’s next game against the Seahawks following the Jets’ bye week. While Hall could play on Sunday, the Jets will be without returner and running back Kene Nwangwu. After breaking his hand, Nwangwu will be placed on injured reserve and miss the rest of the season. Nwangwu was named the AFC Special Teams Player of the Week after the Jets’ Week 13 loss to the Seahawks. In that game, after being elevated from the practice squad, Nwangwu registered a 99-yard kick-return touchdown and forced a fumble on a separate kickoff return. “He brought such value as a returner,” Ulbrich said about Nwangwu. “To put him out there with a broken hand, that would be counterproductive for him and us as a team. “Unfortunately, it cuts the season short and what a bright light he was and what an amazing future I think he has in this league.” The Jets’ secondary could be limited against the Jaguars. Brandin Echols (shoulder) is doubtful, and D.J. Reed (groin) is questionable. Ulbrich is “hopeful” Reed can play against Jacksonville. “It’s something that’s lingered here and there,” Ulbrich said about Reed’s groin injury. “It got aggravated and it went away and it got aggravated again. “We are hopeful, but we will see how it goes. He has been a guy that, it has been sore on a Friday and been able to play on a Sunday multiple times this year. We will see how that goes.” Sauce Gardner, who missed last week’s game due to a hamstring injury, will play against the Jaguars. If Echols and Reed do not play, rookie Qwan’tez Stiggers will likely receive more playing time opposite Gardner. “I’m excited for him,” Ulbrich said about Stiggers. “If he gets an opportunity to play, I’m excited about what he can do. He has demonstrated great growth this season and he has elite ball skills. “If we gotta roll with Qwan’tez Stiggers, we are excited about that opportunity for him and for us.” ©2024 New York Daily News. Visit nydailynews.com . Distributed by Tribune Content Agency, LLC.