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Good News for Guildford company Petards

10 October 2016

PETARDS GROUP PLC (“Petards” or the “Group”)

Contract Win

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Great Western Railway with Petards eyeTrain systems.

The new contract, which is worth approximately £6 million, is for the design, development, supply and installation of eyeTrain systems to be fitted to Class 165 and 166 Diesel Multiple Units (“DMU”) trains. The developed systems add substantial new software driven functionality to Petards’ existing eyeTrain solutions. Engineering development is already underway and will make a contribution to 2016 revenues. This is expected to be completed by the third quarter of 2017 when deliveries of the integrated systems will commence with scheduled completion by the end of 2018.

Commenting, Petards Chairman Raschid Abdullah said;

“We are delighted that Petards has been selected by Great Western Railway to work with them on this exciting project which further enhances our position in the rail industry and significantly strengthens the Group’s present order book for delivery in 2017 and 2018.”

Petards Group Press Release 10th October 2016

Fuel Cell Market

Global Fuel Cell Market size was more than 180,010 units for 2015 and is predicted to register more than 24.1% of CAGR by end of 2024. Government support to create hydrogen power stations is predicted to drive the demand for fuel cell technology. Rise in vehicle production by automakers has favorably influenced the industry and acquired focus of international bodies on fuel cell electric vehicles. Further, strict rules promoting zero emission automobiles along with growing public transport is projected to favorably affect global industry growth during forecast timeline.
Fuel cells are preferred over traditional sources of energy due to low carbon emissions and less noise. Normal fuel cell items produce less sound while functioning as compared to traditional sources of energy. Further, stationary fuel cell systems require less space as compared to other sources of clean energy and this have driven the growth of stationary fuel cell market globally. Growing demand for portable power source is predicted to drive industry demand during forecast timeline.

Read full market research report “Fuel Cell Market Size By Application (Stationary, Portable, Transport), By Product (PEMFC, DMFC, SOFC), Industry Analysis Report, Regional Outlook (U.S, Canada, Germany, UK, Japan, South Korea, South Africa, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, please click on the link below:

Fuel Cell Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2016 – 2024: Global Market Insights, Inc.

Product Insights

Global industry is segmented into various products like direct methanol fuel cell , solid oxide fuel cell and proton exchange membrane fuel cell. Direct methanol fuel cell segment is predicted to register more than 4.1% of CAGR. These cells find their use in portable power source where energy density and power are more vital than efficacy.

Solid oxide fuel cell (SOFC) segment is predicted to touch $3.1 billion mark by end of 2024. High level of efficacy, low carbon emissions, elasticity, stability and comparative less price which is predicted to boost the demand for this fuel cell type.

Proton exchange membrane fuel cell produced revenue of more than $2.1 billion for 2015. This product is extensively used in stationary and transportation applications. In addition to this , it also provides high electric efficacy and substantial power to area proportion & is easily accessible across various watts making it a preferable choice in transportation application.

Application Insights

The industry is segmented into various applications like stationary application, portable application and transportation application. Stationary application contributed $2 billion for 2015 and it dominates the application segment due to its environment friendly features and efficacy. It is mainly used as backup power station in hotel, residence, school, commercial building and hospital.

Portable application segment is predicted to register more than 7.1% of CAGR during forecast timeline. Growing demand for portable charger as power source for consumer electronic items like camera, laptop, cell phone, smart phone and iphone are predicted to promote portable fuel cell market trends.

Transportation application segment is predicted to contribute $1.31 billion in terms of revenue by end of 2024 registering a CAGR of more than 22.11% during forecast period. Increase in research & development activities by firms along with growing government support to integrate effective technology in automobiles like truck, car and bus are predicted to promote global fuel cell market outlook in this segment.

Regional Insights

Global industry is segmented into key geographical regions like North America, , Europe, APAC, MEA and Latin America. North American industry produced revenue of more than $891 million for 2015. U.S. contributed maximum revenue to the North America fuel cell market. Regional industry demand is mainly promoted by constant monetary support from DOE (Department of Energy). Further, favorable government policy promoting renewable power to regulate carbon emissions is the key factor stimulating industry growth in the region.

European industry is predicted to register moderate CAGR of more than 3.51%. Commercialization of fuel cell electric vehicles along with huge consumer base in region is predicted to promote industry growth during forecast timeline. Drifting highlight towards hydrogen as transportation fuel in countries like Norway and Denmark can supplement the growth of the industry in Europe.

APAC fuel call market share is predicted to grow up to $14.1 billion by end of 2024 registering CAGR of more than 24.1% during forecast timeframe. Strict government norms along with increasing use of hydrogen as fuel in vehicles can positively contribute towards regional industry expansion.

Competitive Insights

Key industry players profiled in the report include Nedstack Fuel Cell Technology, AFC Energy PLC, Aisin Seiki Company Limited, Arcola Energy, Horizon Fuel Cell Technologies, Hydrogenics Corporation, Panasonic Corporation, Ballard Power Systems Incorporation, Bloom Energy, Plug Power, UTC Power, SFC Energy AG, Toshiba, Ceres Power Holding, Nuvera Fuel Cells, Arcola Energy and HES Energy Solutions.

Key industry players are using key business strategies like mergers & acquisitions to reduce competition and increase their geographical presence.

Press Release by Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services.https://www.gminsights.com/industry-analysis/small-hydropower-market

A New Boost To Cyber Security – Truly Random Numbers

It may not have made the evening news, but computer scientists all over the world are raising their glasses to celebrate a new breakthrough in cyber security. Computer science professor David Zuckerman has developed a way of creating truly random number sequences. In simple terms his method works by taking 2 weakly random sequences of numbers and turns them into a single sequence of numbers that are truly random. In the world of encryption and cybersecurity, this breakthrough could be the start of a whole new level of defence against cyber-attacks.

What Is A Random Number?

By definition, a random number is ‘a number generated by process, whose outcome is unpredictable and which cannot be subsequently reproduced’. At the moment there are 2 main ways of generating random numbers, both of which require a computer programme. In the first method a computer will select numbers from a pre-generated list of strings, which can be discovered with some clever hacking. The second involves using complex algorithms to automatically create a long series of numbers. The problem with these methods is that they both fall short of the ‘true randomness’ mark. Algorithms and pre-generated strings will eventually repeat sequences of numbers, making it easier to decipher, and because computers will follow their programming blindly it is difficult to change this. Zuckerman’s sequence is revolutionary because it starts with sequences of random numbers that are generated weakly, for example stock market prices sampled over time. These numbers in themselves are highly predictable, so won’t be any use for secure encryption. But by sequencing them together in his own way, Zuckerman has managed to create a way of generating truly random numbers that never repeat and aren’t tied to a pattern or computer generation.

Why are Random Numbers Important?

Random number generation is one of the fundamental pillars of encryption, the process that helps us to conceal messages and prevent people from accessing our confidential information. Without encryption we could not send highly sensitive or confidential information without it being available to read to everyone along the way, including criminals and hackers. One of the most common forms of encryption used today is the RSA algorithm. This method requires the factoring of large integers from 2 prime numbers to produce 3 mathematically linked keys, one public and one private. Both of these keys are needed in order to decrypt the message. The private key is always kept secret, and needs to be generated from a source of random numbers to keep the message safe and secure. The problem is that these algorithms can repeat themselves, making it easier for hackers to predict the patterns and decrypt the key. Zuckerman’s new method uses 2 sequences that are only weakly random that is not computationally demanding in order to discover a number that is almost perfectly random. This method is light years ahead of the current means of generating random numbers and could completely change the landscape of secure encryption.

While the breakthrough may have originated in Texas, the effect it will have on the UK market is staggering. Since this article on GoodUKNews was written about the need to keep the UK safe from cyber-attacks, 90% of UK organisations are still reporting security breaches, with online banking fraud increasing by 48% in a single year, and the cyber-attack rate on businesses rising by a staggering 114%. These increased attacks have had a huge impact on the UK business market and have created a need for more secure encryption protocols. If you want to read more about the effect cyber-attack have on UK companies, this whitepaper by Oxford Economics makes a great read. For more information about cyber security and how encryption could protect your business, just click here.

Article provided by Rose-Marie Littleford – Leapfrog Internet Marketing