Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSF) has completed the upgrade of its Tucson, Arizona facility for a new scalable and flexible production capacity in the US.
The Zero Emissions Race has successfully arrived in Shanghai, China, after 46 days on the road and 16783 kms of driving across Switzerland, Germany, Belgium, Austria, Hungary, Ukraine, Russia, Kazakhstan and China. Out of the four teams that started the race on August 16th in Geneva, Switzerland with their 100 % electric vehicles, three have made it to Shanghai successfully on time, and according to original schedule. This accomplishment represents a major milestone in the history of electric vehicles. The Zero Race just helped prove the efficiency and reliability of electric mobility, even when driving across continents, in deserts and mountains and through variable road and weather conditions.
The two seat renewable energy vehicle (T.R.E.V.) Trev has arrived in Shanghai, and has therefore completed the first of the three major legs of Zero Race. The team has now driven about 16,000km on the journey since departing Geneva on August 16th.
Olympus is a world-leading manufacturer of innovative testing instruments that are used in industrial and research applications ranging from aerospace, power generation, petrochemical, civil infrastructure and automotive to consumer products.
Olympus NDT (TYO:7733) (PINK:OCPNY) has acquired Innov-X Systems Inc., a leading manufacturer of portable X-ray fluorescence (XRF) analytical instruments based in Woburn, Massachusetts, USA. Innov-X Systems instruments provide real-time, nondestructive material analysis in applications ranging from metal sorting, lead paint detection, and alloy verification to analysis of oil, fluids, and minerals.
The ZERO Race has travelled 28 days and 9500 km since its departure on August 16 in Geneva, Switzerland. This marks the completion of a third of the entire journey of an 80-day journey around the world with 100% electric vehicles. The aim of the race is to show that zero emission vehicles running on renewable energies are technologies for the future that are ready, and reliable already today. With shrinking resources and the impacts of global climate change, the ZERO Race strives to present the solutions for a better and greener future. Four participating teams from Australia, South Korea, Germany and Switzerland are taking part in the challenge during this inaugural event.
Electro Optic Systems Holdings Limited (ASX:EOS) (PINK:EOPSF) has completed a key phase of a major telescope project for the New Mexico Institute for Mining and Technology ("NMT"). The telescope is designated by NMT as the 2.4m Magdalena Ridge Observatory ("MRO") telescope.
