Artificial Intelligence

Global Smart Weapons Market to Reach US$159.8 Billion by the Year 2027

Published

3 years ago

July 12, 2021

New York, July 12, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Smart Weapons Industry” – https://www.reportlinker.com/p05689850/?utm_source=GNW
9 Billion in the year 2020, is projected to reach a revised size of US$159.8 Billion by 2027, growing at a CAGR of 10.8% over the analysis period 2020-2027.Air-to-Ground Missiles, one of the segments analyzed in the report, is projected to grow at a 11.1% CAGR to reach US$40.3 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Surface-to-Air Missiles segment is readjusted to a revised 11.3% CAGR for the next 7-year period. This segment currently accounts for a 18.2% share of the global Smart Weapons market.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 10.4% CAGR for the Period of 2020-2027

The Smart Weapons market in the U.S. is estimated at US$23 Billion in the year 2020. The country currently accounts for a 29.49% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$28 Billion in the year 2027 trailing a CAGR of 10.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.5% and 9.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR while Rest of European market (as defined in the study) will reach US$28 Billion by the year 2027.

Directed Energy Weapons Segment Corners a 17.4% Share in 2020

In the global Directed Energy Weapons segment, USA, Canada, Japan, China and Europe will drive the 12.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$10.9 Billion in the year 2020 will reach a projected size of US$24.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$18.8 Billion by the year 2027.

Select Competitors (Total 49 Featured)

Axon Enterprise
BAE Systems PLC
Denel SOC Ltd.
General Dynamics Corporation
Israel Aerospace Industries Ltd.
Kongsberg Gruppen ASA
Leonardo SpA
Lockheed Martin Corporation
MBDA France
Nexter Group
NORINCO
Northrop Grumman Corporation
QinetiQ Group PLC
Rafael Advanced Defense Systems Ltd.
Raytheon Company
Rheinmetall AG
Roketsan AS
Safran Electronics & Defense
Textron Inc.
Thales Group
The Boeing Company

Read the full report: https://www.reportlinker.com/p05689850/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
An Introduction to Smart Weapons
Missiles
Directed-Energy Weapons
Smart Bombs
Sensor Fuzed Weapons
Precision Artillery Munitions
Other Types of Smart Weapons
Smart Weapons: Augmenting National Defense with Intelligent,
Accurate, and Digital Technologies
Recent Market Activity
Ushering a New Era of AI-Driven Self-aware Systems, Smart
Weapons Seek to Widen Role in Modern Warfare
Changing Realities of Modern Warfare: A Brief Overview
Market Dynamics
Technical Superiority over Conventional Weaponry Widens Scope &
Span of Smart Weapons
Robust Demand Projected for Smart Weapons over the Coming Years
Developed Regions Remain Primary Revenue Contributors
EXHIBIT 1: Developed Regions Account for 2/3rd Share of World
Smart Weapons Market: Percentage Breakdown of Sales for
Developed and Developing Regions (2019 & 2025)
North America Makes Major Contribution to Smart Weapons Market
Fast Paced Growth Forecasts in Asia-Pacific & Other Developing
Regions
EXHIBIT 2: Global Market for Smart Weapons – Geographic Regions
Ranked by % CAGR (Sales) for 2018-2025
Munitions Type and Infrared Technology: Key Segments of Smart
Weapons Market
Prevailing Economic Scenario Favors Market Expansion
EXHIBIT 3: Global Economic Outlook: Real GDP Growth Rates (%)
by Region/Country for the Years 2018 through 2021

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Changing Face of Warfare Ignites Global Demand for Smart Weapons
Rising R&D Spending and Adoption of Smart Weapons to Drive Market
Smart Weapons Present High-Precision Options for Modern Warfare
Laser Guided Bombs (LGBs)
Satellite-Guided Weapons
Surging Defense & Military Expenditures Worldwide: Cornerstone
for Present & Future Growth
The US & Europe Steer Global Military Spending
EXHIBIT 4: Ever-Present Threat to Public Liberty & the
Resulting Increase in Defense Spending for Peace as well as
War to Indirectly Spur Growth in Demand for Smart Weapons:
Global Military Spending (in US$ Billion) for the Years 2014
through 2018
EXHIBIT 5: Top Countries with Military Spending in USD Billion:
2019
Escalating Global Arms Race Provides the Perfect Platform for
Market Expansion
Artificial Intelligence and Emerging Technologies to Shape the
Future of Smart Weaponry
AI for Smart Weapons
Growing Significance of AI
Fully-Autonomous Smart Weapons on Battlefield
Successful Deployments of Smart Bombs Drive Robust Demand
Precision Guided Munitions Offer Lucrative Growth Opportunities
Demand for Airborne and Surface-to-Air Missile Systems Gain
Momentum
Imaging Infrared Technology Finds Favor in IR Missile Guidance
Satellite Guidance Emerge as the Preferred Medium of Land
Attack Cruise Missile Guidance
Directed Energy Weapons (DEW) Set to Transform Electronic Warfare
Sensor Fuzed Weapons to Substitute Unguided Cluster Bombs,
Bodes Well for Market Adoption
Sensor Fuzed Weapons: From Undiscriminating Weapons to Highly
Discriminating and Effective Systems
Smart Gun & Personalized Gun Technologies Offering Higher
Accuracy and Safety to Become Mainstream
Directed Energy Weapons to Witness Growth in Demand
Technological Innovations & Advancements Maintain Robust Momentum
Resolving Prevailing Challenges: Critical for Future Success
Leveraging Existing Designs and Using Low-Cost Materials: An
Apt Solution to the High Cost Concern
Military Cooperation: A Double-Edged Sword?

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Smart Weapons by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 2: World 7-Year Perspective for Smart Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027

Table 3: World Current & Future Analysis for Air-to-Ground
Missiles by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR

Table 4: World 7-Year Perspective for Air-to-Ground Missiles by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 5: World Current & Future Analysis for Surface-to-Air
Missiles by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR

Table 6: World 7-Year Perspective for Surface-to-Air Missiles
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 7: World Current & Future Analysis for Directed Energy
Weapons by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR

Table 8: World 7-Year Perspective for Directed Energy Weapons
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 9: World Current & Future Analysis for Smart Bombs by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 10: World 7-Year Perspective for Smart Bombs by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 11: World Current & Future Analysis for Sensor Fused
Weapons by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR

Table 12: World 7-Year Perspective for Sensor Fused Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 13: World Current & Future Analysis for Precision
Artillery Munitions by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Billion for Years
2020 through 2027 and % CAGR

Table 14: World 7-Year Perspective for Precision Artillery
Munitions by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2020 & 2027

Table 15: World Current & Future Analysis for Other Types by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 16: World 7-Year Perspective for Other Types by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 17: World Current & Future Analysis for Infrared by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 18: World 7-Year Perspective for Infrared by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 19: World Current & Future Analysis for Laser by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 20: World 7-Year Perspective for Laser by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 21: World Current & Future Analysis for Radar by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 22: World 7-Year Perspective for Radar by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 23: World Current & Future Analysis for GPS by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Billion for Years 2020 through 2027 and % CAGR

Table 24: World 7-Year Perspective for GPS by Geographic Region –
Percentage Breakdown of Value Sales for USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World for Years 2020 &
2027

Table 25: World Current & Future Analysis for Other
Technologies by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Billion for Years 2020 through
2027 and % CAGR

Table 26: World 7-Year Perspective for Other Technologies by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 27: World Current & Future Analysis for Land by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 28: World 7-Year Perspective for Land by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

Table 29: World Current & Future Analysis for Air by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Sales in
US$ Billion for Years 2020 through 2027 and % CAGR

Table 30: World 7-Year Perspective for Air by Geographic Region –
Percentage Breakdown of Value Sales for USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World for Years 2020 &
2027

Table 31: World Current & Future Analysis for Naval by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Billion for Years 2020 through 2027 and
% CAGR

Table 32: World 7-Year Perspective for Naval by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Table 33: USA Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 34: USA 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 35: USA Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 36: USA 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 37: USA Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 38: USA 7-Year Perspective for Smart Weapons by Platform –
Percentage Breakdown of Value Sales for Land, Air and Naval
for the Years 2020 & 2027

CANADA
Table 39: Canada Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 40: Canada 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 41: Canada Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 42: Canada 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 43: Canada Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 44: Canada 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

JAPAN
Table 45: Japan Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 46: Japan 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 47: Japan Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 48: Japan 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 49: Japan Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 50: Japan 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

CHINA
Table 51: China Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 52: China 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 53: China Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 54: China 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 55: China Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 56: China 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

EUROPE
Table 57: Europe Current & Future Analysis for Smart Weapons by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Sales in US$
Billion for Years 2020 through 2027 and % CAGR

Table 58: Europe 7-Year Perspective for Smart Weapons by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027

Table 59: Europe Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 60: Europe 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 61: Europe Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 62: Europe 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 63: Europe Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 64: Europe 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

FRANCE
Table 65: France Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 66: France 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 67: France Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 68: France 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 69: France Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 70: France 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

GERMANY
Table 71: Germany Current & Future Analysis for Smart Weapons
by Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 72: Germany 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027

Table 73: Germany Current & Future Analysis for Smart Weapons
by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR

Table 74: Germany 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 75: Germany Current & Future Analysis for Smart Weapons
by Platform – Land, Air and Naval – Independent Analysis of
Annual Sales in US$ Billion for the Years 2020 through 2027 and
% CAGR

Table 76: Germany 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

ITALY
Table 77: Italy Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 78: Italy 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 79: Italy Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 80: Italy 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 81: Italy Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 82: Italy 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

UNITED KINGDOM
Table 83: UK Current & Future Analysis for Smart Weapons by
Type – Air-to-Ground Missiles, Surface-to-Air Missiles,
Directed Energy Weapons, Smart Bombs, Sensor Fused Weapons,
Precision Artillery Munitions and Other Types – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 84: UK 7-Year Perspective for Smart Weapons by Type –
Percentage Breakdown of Value Sales for Air-to-Ground Missiles,
Surface-to-Air Missiles, Directed Energy Weapons, Smart Bombs,
Sensor Fused Weapons, Precision Artillery Munitions and Other
Types for the Years 2020 & 2027

Table 85: UK Current & Future Analysis for Smart Weapons by
Technology – Infrared, Laser, Radar, GPS and Other Technologies –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 86: UK 7-Year Perspective for Smart Weapons by Technology –
Percentage Breakdown of Value Sales for Infrared, Laser,
Radar, GPS and Other Technologies for the Years 2020 & 2027

Table 87: UK Current & Future Analysis for Smart Weapons by
Platform – Land, Air and Naval – Independent Analysis of Annual
Sales in US$ Billion for the Years 2020 through 2027 and % CAGR

Table 88: UK 7-Year Perspective for Smart Weapons by Platform –
Percentage Breakdown of Value Sales for Land, Air and Naval for
the Years 2020 & 2027

REST OF EUROPE
Table 89: Rest of Europe Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 90: Rest of Europe 7-Year Perspective for Smart Weapons
by Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027

Table 91: Rest of Europe Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR

Table 92: Rest of Europe 7-Year Perspective for Smart Weapons
by Technology – Percentage Breakdown of Value Sales for
Infrared, Laser, Radar, GPS and Other Technologies for the
Years 2020 & 2027

Table 93: Rest of Europe Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 94: Rest of Europe 7-Year Perspective for Smart Weapons
by Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

ASIA-PACIFIC
Table 95: Asia-Pacific Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 96: Asia-Pacific 7-Year Perspective for Smart Weapons by
Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027

Table 97: Asia-Pacific Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR

Table 98: Asia-Pacific 7-Year Perspective for Smart Weapons by
Technology – Percentage Breakdown of Value Sales for Infrared,
Laser, Radar, GPS and Other Technologies for the Years 2020 &
2027

Table 99: Asia-Pacific Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 100: Asia-Pacific 7-Year Perspective for Smart Weapons by
Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

REST OF WORLD
Table 101: Rest of World Current & Future Analysis for Smart
Weapons by Type – Air-to-Ground Missiles, Surface-to-Air
Missiles, Directed Energy Weapons, Smart Bombs, Sensor Fused
Weapons, Precision Artillery Munitions and Other Types –
Independent Analysis of Annual Sales in US$ Billion for the
Years 2020 through 2027 and % CAGR

Table 102: Rest of World 7-Year Perspective for Smart Weapons
by Type – Percentage Breakdown of Value Sales for Air-to-Ground
Missiles, Surface-to-Air Missiles, Directed Energy Weapons,
Smart Bombs, Sensor Fused Weapons, Precision Artillery
Munitions and Other Types for the Years 2020 & 2027

Table 103: Rest of World Current & Future Analysis for Smart
Weapons by Technology – Infrared, Laser, Radar, GPS and Other
Technologies – Independent Analysis of Annual Sales in US$
Billion for the Years 2020 through 2027 and % CAGR

Table 104: Rest of World 7-Year Perspective for Smart Weapons
by Technology – Percentage Breakdown of Value Sales for
Infrared, Laser, Radar, GPS and Other Technologies for the
Years 2020 & 2027

Table 105: Rest of World Current & Future Analysis for Smart
Weapons by Platform – Land, Air and Naval – Independent
Analysis of Annual Sales in US$ Billion for the Years 2020
through 2027 and % CAGR

Table 106: Rest of World 7-Year Perspective for Smart Weapons
by Platform – Percentage Breakdown of Value Sales for Land, Air
and Naval for the Years 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 49
Read the full report: https://www.reportlinker.com/p05689850/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Artificial Intelligence

More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024

Published

2 days ago

May 17, 2024

CISION (PR Newswire)

more-than-$9-million-awarded-to-high-school-scientists-and-engineers-at-the-regeneron-international-science-and-engineering-fair-2024

Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.

The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
“Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases.
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
Photo – https://mma.prnewswire.com/media/2416174/Regeneron_ISEF_2024_Winners_Photo.jpg
Logo – https://mma.prnewswire.com/media/2416197/Society_for_Science_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/more-than-9-million-awarded-to-high-school-scientists-and-engineers-at-the-regeneron-international-science-and-engineering-fair-2024-302149316.html

Artificial Intelligence

J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit

Published

2 days ago

May 17, 2024

CISION (PR Newswire)

In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.

In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation.
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.”
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.

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Artificial Intelligence

Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

Published

2 days ago

May 17, 2024

CISION (PR Newswire)

congregating-in-the-lion-city-for-a-win-win-future-of-intelligent-computing-at-the-global-data-center-facility-summit-2024

SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
Photo – https://mma.prnewswire.com/media/2415818/Global_Data_Center_Facility_Summit_2024.jpg

View original content:https://www.prnewswire.co.uk/news-releases/congregating-in-the-lion-city-for-a-win-win-future-of-intelligent-computing-at-the-global-data-center-facility-summit-2024-302148973.html