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Global Magneto Resistive RAM (MRAM) Market to Reach $17.5 Billion by 2030

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New York, May 25, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Magneto Resistive RAM (MRAM) Industry” – https://www.reportlinker.com/p05820699/?utm_source=GNW
Enterprise Storage, one of the segments analyzed in the report, is projected to record a 39.3% CAGR and reach US$6.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consumer Electronics segment is readjusted to a revised 35.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $537.5 Million, While China is Forecast to Grow at 45.2% CAGR

The Magneto Resistive RAM (MRAM) market in the U.S. is estimated at US$537.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 45.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.5% and 30.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 34% CAGR.

Select Competitors (Total 25 Featured)
– IBM Corporation
– Honeywell International, Inc.
– Infineon Technologies AG
– Canon, Inc.
– Applied Materials, Inc.
– imec international
– Everspin Technologies Inc.
– Canon ANELVA Corporation
– Avalanche Technology
– Crocus Nanoelectronics
– Cobham Advanced Electronic Solutions, Inc.
– HFC Semiconductor Coporation
– Inston, Inc.
– Fraunhofer Institute for Photonic Microsystems IPMS Center Nanoelectronic Technologies (CNT)
– Industrial Technology Research Institute (ITRI)

Read the full report: https://www.reportlinker.com/p05820699/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
An Introduction to Magneto Resistive RAM (MRAM)
Operation of MRAM
Structure and Fabrication of MRAM
Critical Characteristics of MRAM
Types of MRAM
Pandemic Impact and Global Economic Update
From Pandemic to War & Inflation: ?Gloomy Outlook for 2023
Despite Signs of Easing Inflationary Conditions?
Here?s How Inflationary Pressures Affect the Economy
Russia-Ukraine War, the Primary Culprit Responsible for the
Hardships
Although Past Peak in 2023, Efforts to Solve the Inflation
Puzzle Should Continue
Here?s What?s Causing Inflationary Pressures in the Global Market
Shaken by the War, Global Oil Prices Spiral and Feed
Inflationary Pressures, Guiding the World Towards a Cost of
Living Crisis: Global Average Annual Brent Crude Oil Price
(In US$ Per Barrel) for Years 2017 through 2024
War-Induced Commodity Price Increases & Broad Based Price
Pressures Mark the Return of Global Inflation to the Highest
Level Seen Since 1996: Global Inflation Rates (In %) for the
Years 2019 Through 2024
Although Facing a Lower Recession Risk, Global Economic Growth
in 2023 to Slowdown Amid War, Inflation, Elevated Interest
Rates & Marginal Easing of Inflation: World Economic Growth
Projections (Real GDP, Annual % Change) for the Years 2020
Through 2024
Recession Triggered by Uncontrolled Inflation or Unemployment,
Which is the Greater Evil? Inflation Battling Policy Measures
to Slowdown Post Pandemic Recovery in Unemployment Rates:
Global Number of Unemployed People (In Million) for Years
2019 Through 2024
How the IT Industry Has Been Impacted by the Pandemic?
Global Information Technology Market Growth Outlook (In %) For
Years 2019 Through 2025
Semiconductor Industry Experiences Disruptions
Evolving Capabilities Present MRAM as a Promising Memory
Technology of the Future
Enterprise Storage: The Leading Application Market
Developed Economies Lead, Developing Economies Poised for High
Growth
Competition
Magneto Resistive RAM (MRAM) – Global Key Competitors
Percentage Market Share in 2023 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2023 (E)
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Emergence of Next Generation Memory Technologies to Support
Growth of MRAM Market
Global Non-Volatile Memory Market Size (in US$ Billion) for the
Years 2022, 2024, 2026 and 2028
MRAM Memory: From Storage to Data Processing
MRAM Set to Emerge as Persistent Memory for Numerous Applications
Low-Power Consumption Benefit of MRAM
MRAM: Looming Memory Technology Bonanza with Vibrant Options &
Applications
STT-MRAM: Promising Alternative to SRAM Cache Memory
SOT-MRAM: Combining Speed, Reliability & Energy Efficiency
VCMA-MRAM: Reducing Energy Consumption
VG-SOT: A Power-Packed Performance
Analog In-Memory Computing with SOT-MRAM
MRAM Moves into Embedded Space
Increasing Competitiveness of Embedded MRAM (eMRAM) with Other
Memory Technologies: Price in $/Gb by Memory Type for the
Years 2018, 2022, and 2026
eMRAM Holds an Edge Over Other Memory Technologies: Comparing
Power, Performance, Area, and Availability of SRAM, eMRAM,
eFLASH, PCM, RRAM, and FeFET
eMRAM Innovations Enabling Low Power SoCs for Advanced Process
Nodes
The Many Benefits of eMRAM
How Embedded MRAMs Can Play a Key Role in Designing of Future
Advanced-Node SoCs
Second Generation STT-MRAM to Grab Growing Share of MRAM Market
STT-MRAM Finally Comes to Market Replacing Embedded NOR Flash
STT-RAM to Emerge as a Potential Leading Memory Type in the
Embedded Emerging NVM Market
Emerging Non-Volatile Memory (NVM) Market: Percentage Breakdown
of Revenues in Standalone and Embedded Memory Segments by
RRAM, STT-MRAM and PCM
Monitoring Critical Process Steps for STT-MRAM Integration in
Advanced CMOS Technologies
Challenges Confronting Fabrication and Testing of STT-RAM
Potential for MRAM to Replace SRAM and DRAM
Spin-Orbit Torque (SOT)-MRAM – The Latest Generation MRAM
Growing Memory Requirements of Data Centers to Propel MRAM Market
Data Centers Continue to Gain Importance, Presenting
Opportunities for MRAM Market
Global Data Centers Market (in US$ Billion) for the Years 2020,
2022, 2024 and 2026
Data Center IP Traffic Growth: Global Data Center IP Traffic in
Zettabytes for the Years 2016, 2018, 2020 & 2022
Power, Cost, and Time Saving Advantages of STT-MRAM to Drive
Adoption in Hyperscale Data Centers
Number of Hyperscale Data Centers Worldwide (in Units) for the
Period 2015-2021
Rising Computing Needs of Consumer Electronic Devices:
Opportunity for MRAM Market
Global Electrical & Electronics Equipment Market Growth Outlook
(In %) For Years 2019 Through 2025
IoT Trends to Propel Demand for MRAM
Embedded MRAM Emerges as a Promising Technology for IoT
Devices, Artificial Intelligence and Machine Learning
MRAM Opportunity in IoT Space: Global M2M/IoT Connections (In
Billion) for Years 2019, 2021 and 2023
Rapidly Growing AI/ML Market Presents Growth Opportunities for
MRAM Adoption: Global Deep Learning Chipset Market Revenues in
US$ Billion for the Years 2019, 2022, and 2025
Growing Need for Energy-Efficient Storage Solutions Gives
Impetus to MRAM Market
Installed Base of Data Storage Capacity (in Zettabytes) for
2019, 2020, and 2024
MRAM Emerges as a Possible Option for Post-Flash Solid-State
Storage
MRAM Evolves as the Next Stage for Solid State Storage
Toggle MRAM Preps for 5G Revolution
Edge Computing to Drive Demand for MRAM
Quad MTJ with STT-MRAM Technology to Enable Advanced Edge
Devices for Emerging Applications
MRAM Improving Edge Computing Efficiency
Rising Use of MRAM in Automotive Industry
MRAM Emerges as a Memory Solution for Intelligent and Connected
Automobiles
Need for Radiation-Hardened ICs Hold Potential for MRAM in
Satellites and Spacecrafts
High-Capacity, Fast & High-Endurance MRAM to Shift Boundaries
of Space Applications
Why MRAM is a Promising Bet for Space Applications?
High Resistance to Radiation Makes STT-MRAM Perfect for Space
Applications
Avalanche Technology Develops New High Density Space-grade
MRAMs in Partnership with Protec GmbH for the European Space
Community
Advancements in MRAM Augurs Well for the Market
Samsung’s MRAM-Based-in-Memory Computing
Energy Efficient MRAM Developed by a South Korean Research Team
Tohoku University Research Team Develops High Speed SOT Magneto
Resistive RAM
Researchers at NTHU Manipulates MRAM by Working with the
Electron Spin
IBM Developing STT-MRAM Technology
Research Focus on Using Antiferromagnets for MRAM Catches Pace
Advances in Spin-Transfer-Torque MRAM
Focus on Domain-Wall Devices
Select Startups Set to Scale up Computer Memory with Promising
MRAM Solutions
EU Companies: Potential Game Changers in the Global Memory
Business with their MRAM Inventions and Pilot Lines?
ReRAM Exudes Potential to Emerges as Next Wave of Memory
Technology
Testing Becomes Important for a Good MRAM Memory
Challenges Confronting Making and Testing of STT-MRAM

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Magneto Resistive RAM (MRAM) Market Analysis of
Annual Sales in US$ Thousand for Years 2022 through 2030

Table 2: World Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets – Independent Analysis of Annual Revenues in US$
Thousand for Years 2022 through 2030 and % CAGR

Table 3: World 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Geographic Region – Percentage Breakdown of Value
Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World Markets for Years 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for
Enterprise Storage by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 5: World 8-Year Perspective for Enterprise Storage by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 6: World Recent Past, Current & Future Analysis for
Consumer Electronics by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 7: World 8-Year Perspective for Consumer Electronics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 8: World Recent Past, Current & Future Analysis for
Robotics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 9: World 8-Year Perspective for Robotics by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2023 & 2030

Table 10: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 11: World 8-Year Perspective for Automotive by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2023 & 2030

Table 12: World Recent Past, Current & Future Analysis for
Aerospace & Defense by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 13: World 8-Year Perspective for Aerospace & Defense by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 14: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 15: World 8-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

III. MARKET ANALYSIS

UNITED STATES
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United States for 2023
(E)
Table 16: USA Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 17: USA 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

CANADA
Table 18: Canada Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 19: Canada 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

JAPAN
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Japan for 2023 (E)
Table 20: Japan Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 21: Japan 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

CHINA
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in China for 2023 (E)
Table 22: China Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 23: China 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

EUROPE
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Europe for 2023 (E)
Table 24: Europe Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Geographic Region – France,
Germany, Italy, UK and Rest of Europe Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 25: Europe 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Geographic Region – Percentage Breakdown of Value
Revenues for France, Germany, Italy, UK and Rest of Europe
Markets for Years 2023 & 2030

Table 26: Europe Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 27: Europe 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

FRANCE
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in France for 2023 (E)
Table 28: France Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 29: France 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

GERMANY
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Germany for 2023 (E)
Table 30: Germany Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 31: Germany 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

ITALY
Table 32: Italy Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 33: Italy 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

UNITED KINGDOM
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United Kingdom for 2023
(E)
Table 34: UK Recent Past, Current & Future Analysis for Magneto
Resistive RAM (MRAM) by Application – Enterprise Storage,
Consumer Electronics, Robotics, Automotive, Aerospace & Defense
and Other Applications – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2022 through 2030 and %
CAGR

Table 35: UK 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

REST OF EUROPE
Table 36: Rest of Europe Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 37: Rest of Europe 8-Year Perspective for Magneto
Resistive RAM (MRAM) by Application – Percentage Breakdown of
Value Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

ASIA-PACIFIC
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Asia-Pacific for 2023 (E)
Table 38: Asia-Pacific Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 39: Asia-Pacific 8-Year Perspective for Magneto Resistive
RAM (MRAM) by Application – Percentage Breakdown of Value
Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

REST OF WORLD
Table 40: Rest of World Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 41: Rest of World 8-Year Perspective for Magneto
Resistive RAM (MRAM) by Application – Percentage Breakdown of
Value Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

IV. COMPETITION
Read the full report: https://www.reportlinker.com/p05820699/?utm_source=GNW

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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

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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 

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

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

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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.
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