Singapore Cracks Down On "Shoe Box"-Sized Apartments
 
Investvine, A Company of Inside Investor, Ltd.
Oct 18, 2018
Category:

Singapore’s Urban Redevelopment Authority (URA) on October 18 announced an upcoming regulatory change for the city state’s property developers, mandating that the average size of new private flats outside the central area will have to be at least 85 square meters in average of gross floor area, up from previously 70 square meters, a far cry from some shoe box-sized apartments having been built and sold in the past.

The new guidelines, which will come into effect by January 17, 2019, are therefore cutting the number of possible units allowed in a project – something that developers say might increase prices of condos and make it difficult for low-income earners, retirees or singles to afford one. However, the URA argued that the move was made to manage potential strains on local infrastructure and ensure the livability of residential estates.

The authority further announced that nine areas in Singapore – up from presently four – will be subject to an even more stringent minimum average requirement of 100 square meters, namely Marine Parade, Joo Chiat-Mountbatten, Balestier, Telok Kurau-Jalan Eunos, Stevens-Chancery, Pasir Panjang, Kovan-How Sun, Shelford and Loyang.

Real estate agents said that the new limits will reduce the number of units in a development by up to 30 per cent, curbing developers’ ability to prop up profit margins by launching smaller units as the number of shoe box units entering the market will naturally come down in the longer term.

As a result, major property stocks, including City Developments, CapitaLand and Ho Bee Land, fell sharply on the news. Analysts said that developer stocks are likely to remain under pressure and could even “test new trough levels” which could mean a near-term downside of up to ten per cent.

They also estimate there could also be a 20 to 40 per cent drop in land prices with the revised unit size rules, as home buyers are likely to hold back purchases to 2019 to wait and see what impact the regulation will have an condo bidding prices.

 
 
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China ranks third in global online payments, U.S. tops the list
 
China Knowledge Online
Oct 18, 2018
Category:

Oct 18, 2018 (China Knowledge) - Data released by the World Payments Report 2018 showed that in terms of the total number of online payments in the statistical period, the U.S. topped the list with 148.5 billion, with Eurozone coming in second with 74.5 billion and China third with 48 billion online payments.

The report also showed that China's non-cash transactions accounted for the world's second-largest share of the growth. In addition, the report predicts that China's digital payment power, led by Alipay and WeChat, cannot be ignored. By 2021, China's total online payments will surpass the U.S. as the world's largest.

The study is based on data from the world bank, the bank for international settlements and the European central bank's statistical database. Non-cash transactions include checks, debit cards, credit card payments, credit transfers and direct debit transactions. The compound annual growth rate (CAGR) for all digital transactions will be about 13% between 2018 and 2021, rising to USD 876 billion from USD 598 billion in 2018.

China completed 48 billion non-cash transactions in 2016, up 25.8% YoY. China's rate of growth was second only to that of Russia, whose share of non-cash payments rose 36.5% YoY to 17.3 billion. Australia was third with 11.1% growth, at 10.6 billion.

 
 
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Electronics Fair & electronicAsia Attract Nearly 87,000 Buyers
 
Oct 17, 2018
Category:

16 October 2018 - The 38th HKTDC Hong Kong Electronics Fair (Autumn Edition) and the 22nd electronicAsia concluded today, attracting close to 87,000 buyers from 139 countries and regions over a four-day period. Buyer attendance grew from a number of countries and regions including mature markets such as Canada, Italy, Singapore, Taiwan and the UK, and emerging markets such as Brazil, the Chinese mainland, India, Indonesia, Malaysia and Russia. More than 63,500 buyers visited the Autumn Electronics Fair while over 23,400 visitors attended electronicAsia. The Electronics Fair was organised by the Hong Kong Trade Development Council (HKTDC), while electronicAsia was jointly organised by the HKTDC and MMI Asia.

HKTDC Deputy Executive Director Benjamin Chau said: “In the face of global economic uncertainty, Hong Kong companies are pushing to strengthen R&D and develop new technologies in a bid to launch innovative electronic products. At the two fairs, we saw how they are successfully applying advanced technologies such as artificial intelligence (AI) and augmented reality (AR) to a wide range of electronic products, attracting the attention of global buyers. Thematic zones at the fairs, such as the Tech Hall and Hall of Fame, helped to meet the needs of the industry while a series of events at the Autumn Electronics Fair helped to introduce the products and technologies of start-up companies to potential buyers, partners, investors and the media, assisting them to capture new business opportunities.”

The HKTDC commissioned an independent survey during the fair period, interviewing a total of 1,043 exhibitors and buyers on the outlook for the electronics market and new product trends. Some 60% of respondents said the recent Sino-US trade friction has had a negative effect on their export performance. Around 40% of respondents said they expect their company’s overall sales to grow this year – 13 percentage points lower than the proportion that gave the same response in 2017. In terms of markets with growth prospects, survey respondents view Japan as the most promising traditional market (75%), followed by South Korea (73%) and Western Europe (72%), while the Chinese mainland (77%), Middle East (76%) and ASEAN countries (76%) are seen to have the best prospects among emerging markets.

In terms of product trends, the survey reveals that audio-visual products (17%) have the most growth potential in 2019, followed by electronic/electrical accessories (14%) and digital imaging (9%). For AR and virtual reality (VR) devices, almost 80% of respondents are optimistic about the market development in the next two years, while most respondents think that mobile and online games (57%) and audio-visual entertainment devices (45%) have the largest market potential. For robotics applications, 67% of respondents say they are optimistic about market developments in the next two years, with entertainment purposes such as toy robots (40%) having the largest market potential, followed by home applications such as vacuum cleaners (36%) and medical applications such as rehabilitation treatments (24%).

Spotlighting AI and Other Innovations
The Tech Hall at the Electronics Fair featured five thematic zones, including Robotics & Unmanned Tech, Smart Tech, Virtual Reality, 3D Printing and Startup zones. First-time exhibitor Tuya Global showcased its AI solutions for smart home appliances and lighting products, hoping to expand its overseas markets. Morgan Fang, Business Development Manager of Tuya Global, said: “Many buyers want to upgrade their traditional products into smart products. We established connections with new buyers from Europe, North America and Southeast Asia during the fair and are now discussing cooperation plans.”

Taiwanese start-up exhibitor Serafim Technologies showcased a virtual laser projection keyboard that attracted a lot of attention from buyers. GZ Chen, CEO of the company, said they have met with new buyers from Hong Kong, the Chinese mainland, Southeast Asia, Germany, Italy and Russia, and have secured orders for a total of 5,000 sets. He said the business results from the fair were very encouraging.

Under the theme “AI Empowerment – Grow without Limits”, the Symposium on Innovation & Technology featured representatives from the Hong Kong Applied Science and Technology Research Institute (ASTRI), Cisco, Deloitte, IBM, Microsoft, Pfizer and SenseTime. They discussed how AI can empower organisations and affect the employment picture, as well as some of the challenges associated with AI implementation. The symposium attracted more than 1,260 participants.

Buyers Place On-the-spot Orders
Australian buyer Jaka Exstrada took part in the Autumn Electronics Fair for the first time. He identified six potential suppliers of advanced driver-assistance systems and breathalysers through the HKTDC business matching service, and plans to buy a container of products from each supplier after the fair. He has also placed an order with an existing supplier from the Chinese mainland for air quality products worth US$200,000.

At electronicAsia, Malaysian buyer CH Ooi placed an order worth up to US$60,000 for liquid-crystal displays (LCDs) and measurement instruments. He said that talks were also underway with several new suppliers from the Chinese mainland for GPS-related tracking devices, including sensors and cameras, and the potential orders could be valued up to US$200,000.

Media Enquiries
Please contact the HKTDC’s Communication and Public Affairs Department:

Sunny Ng Tel: (852) 2584 4357 Email: sunny.sl.ng@hktdc.org
Joshua Cheng Tel: (852) 2584 4395 Email: joshua.cp.cheng@hktdc.org

 
 
Veolia Wins Contract to Complete Renewal of Water Mains for Goulburn Valley Water in Northern Victoria
 
Oct 16, 2018
Category:

Melbourne, October 16, 2018 --( ASIA TODAY )-- Veolia Water Technologies Australia is proud to announce its latest contract with Goulburn Valley Water in Northern Victoria. Spanning three years, the contract program for the renewal of water mains will be managed by Veolia’s Network Services Division. Having recently delivered two successful water and sewer infrastructure projects for Goulburn Valley Water, Veolia expects to strengthen the partnership between the two organizations with this contract.

“With our rich expertise in trenchless technology and local knowledge, we are able to provide the most suitable solution to address and minimize the concerns of the community and client,” said Ziad Bushnaq, Market Development Manager, Veolia Water Technologies Australia. “These works will assist Goulburn Valley Water in managing the standard of water services delivered to the community, including quality and continuous supply. Through the technology proposed, any impact on the environment will also be reduced for the duration of the project.”

In addition to the renewal of water mains, Veolia will also work together with Goulburn Valley Water on its valve insertion program, which will help to reduce the effects of future water main failures throughout the region.

“Veolia and Goulburn Valley Water have developed a good working relationship on recent water and sewer infrastructure projects, and we look forward to continue growing this relationship by working together on our water main renewal projects over the next three years,” said Tyson Coombes, Project Engineer of Goulburn Valley Water.

For more information, visit www.veoliawatertechnologies.com.au.

###

Notes to the Editor

About Veolia

Veolia group is the global leader in optimized resource management. With nearly 169,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2017, the Veolia group supplied 96 million people with drinking water and 62 million people with wastewater service, produced nearly 55 million megawatt hours of energy and converted 47 million metric tons of waste into new materials and energy. Veolia Environment (listed on Paris Euronext: VIE) recorded consolidated revenue of €25.12 billion in 2017.

For media enquiries on Veolia, please contact:

Ms Gena Ang
Senior Account Executive
Red Bug Communications
+65 6222 7376
gena@redbugpr.com

Ms Lainee Wong
Marketing & Communications Director – Asia Pacific
Veolia Water Technologies
+603 2264 1818
lainee.wong@veolia.com

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2018 TAITRONICS and AIoT Taiwan Open to Reshape the future with New Technologies
 
Oct 12, 2018
Category:

The 2018 Taipei International Electronics Show (TAITRONICS) and Taiwan International AIoT Show (AIoT Taiwan), jointly organized by Taiwan External Trade Development Council (TAITRA) and Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA), see their grand opening on October 9 at Taipei Nangang Exhibition Center, Hall1. Mr. Ming-Hsin Kung, Deputy Minister of Ministry of Economic Affairs (MOEA), Mr. James C. F. Huang, Chairman of TAITRA, Mr. T. C. Gou, Chairman of TEEMA, and Mr. Pankaj Kumar, Additional Secretary of Ministry of Electronics & Information Technology, India, unveiled the themes and highlights of TAITRONICS 2018 and AIoT Taiwan 2018.

The four-day show will highlight the theme “Transforming for an Innovative Future.” In parallel, the inaugural edition of “AIoT Taiwan” will be held, bringing renowned firms including Chunghwa Telecom, Advantech, Lite-On Technology, Delta Electronics, , Mobiletron, Protech Systems, Good Will Instrument, TES Electrical Electronic Tenmars Electronics, ECE, TARO &TYC, and The System Group. These companies come together under one roof and attract more than 350 exhibitors using over 650 booths.

Organizers have joined forces with strategic cooperative partners and dedicated media channels to host a spate of forums and seminars during the exhibition period, conduct deep discussions on such subjects as AIoT development trends, India-Taiwan Electronics Meet, and edge computing. Experts with forward-looking perspectives and high tech content are invited to explore and analyze the positioning of industries within tech development trends, to inspire new-generation innovation capabilities.

TEEMA, TAITRA, and the Asia Pacific Industrial Analysis Association (APIAA) have joined forces again to jointly host the “2nd Innovative Smart Application Competition.” This event aims to expand AIoT technological applications and innovations, encourage exhibitors to organize cross-industry, cross-trade and cross-border competition teams, and create new AI and IoT business opportunities. This year, 12 award-winning products have been selected and will join the dedicated exhibit area “Smart Innovation Application Award Winner's Hall of Fame”, which will allow the interactive situational presentation of 12 AIoT application products and solutions.

The organizers are expecting to attract more than 1,500 international buyers to the show. In order to efficiently assist international buyers search for potential partners with excellent products, TAITRA will organize one-on-one procurement meetings, matching the business opportunities of the supply and demand. At the same time, the largest Taiwan’s national B2B e-commerce portal - Taiwantrade will provide assist businesses everywhere in finding quality suppliers and products from Taiwan.

For more information on TAITRONICS and AIoT Taiwan, its exhibitors, forums and activities, please check out the official website: www.taitronics.tw.

- ASIA TODAY News Global Distribution http://www.AsiaToday.com

 
 
Taiwan Excellence Pop-up Store 2018 makes its debut in Hanoi for the first time
 
Oct 11, 2018
Category:

Hanoi – September 2018 - Being a part of the special event series of the Taiwan Excellence Campaign 2018, Taiwan Excellence Pop-up Store 2018 was officially introduced at AEON MALL Long Bien (27 Co Linh Street, Hanoi). This is the first time the event is held in Vietnam, marking the change from annual exhibitions to a more experimental, interactive and commercial one. Taking place in Hanoi, Taiwan Excellence Pop-up Store 2018 lasts for 3 days, from August 31st to September 2nd, 2018.

In Taiwan Excellence Pop-up Store 2018, not only having the chance to experience technology innovation from Taiwan, but Vietnamese customers in general and people in Hanoi in particular can also directly buy the high-quality products from 17 top brands spanning across five categories namely Information & Communications Technlogy, Smart Living, Transport, Smart Healthcare. These products are all integrated with intelligent technology, providing consumers with a more convenient and comfortable life and are honored by Taiwan Excellence award – an idea of Bureau of Foreign Trade, MOEA and Taiwan External Trade Development Council.

Taiwan Excellence Pop-up Store 2018 witnesses many leading brands such as ASUS, ADATA, Aver, Transcend, Johnson, GreenE, Derma Angel, KYMCO, Long Chen, etc. By entering the stores, customers can easily interact with brand representatives to possess the most updated and unfeigned overview about new trends in an intelligent life in the future

Mr. Cheng Kai Jen, Director, Taiwan Trade Center, Representative Office in Ho Chi Minh City remarks: “Nowadays, intelligent technology is becoming a new trend favored by many customers due to the convenience it brings to life. Thanks to continuous efforts of Taiwan businesses in developing products fitting with the most updated trend, Taiwan today can be proudly considered equal with other superpowers all over the world in the field of technology innovation. We also take responsibility in introducing and giving these products to consumers in Taiwan and also in other markets including Vietnam – a highly potential one that we want to focus on. ”

Also, beside product exhibition activities in Taiwan Excellence Pop-up Store 2018, there are many artistic performance featuring Taiwanese cultural identities. Moreover, Minh Hang – Taiwan Excellence Brand Ambassador will also appear in the event in September 1st with special music performances demonstrating the culture exchange between Vietnam and Taiwan.

Outstanding products appearing in Taiwan Excellence Pop-up Store 2018:

- Asus:

Asus ZenFone 5 Smartphone integrated with Artificial Intelligence (AI) is a really useful companion. Besides such wonderful features as image auto-adjusting, strong and smooth processing and impressive appearance with conveniently small design; Asus ZenFone 5 also possesses amazing functions which assists users with stunning experience beyond what are often expected in a normal smartphone.

- Adata

The couple EMIX H30 headset& SOLOX F30 amplifier expresses spectacular power and comfortable fidelity, equipped with virtual 7.1 surround for spatial, multi-directional audio. Switch between four preset sound modes depending on type of game or media being enjoyed.

- DermaAngel

DermaAngel Acne Care Intensive Gel contains ceramide addition to help anti-acne active ingredients be effectively absorbed by skin and enhance skin health. It also features 2% salicylic acid + 2% sulfur to treat acnes faster and prevent pimples from coming. Moreover, it can soften dead skin cells that caused pimples and improves uneven skin tone.

- Green E:

GreenE Nano Slim Belt with five different size fitting with different part of the body not only helps solving the problem of obesity but also improve the symptoms of menstrual pain, nocturia, poor metabolism/bad blood circulation, constipation, soreness/back pain/foot pain and relief fatigue.

- Johnson

Matrix Treadmill T70XIR is a personal fitness machine with supreme technical features and is also equipped with an HD Screen, turning the work-out process into a the totally relaxing and entertaining one.

- KYMCO

KIMCO Like 125 Motorbike possess amazing functions, elegance look and special Anti-lock Braking System (ABS) from Bosch. Moreover, it is also equipped with Noodoe system – a kind of technology integrated in the electronic clock screen of KYMCO motorbike with the help of an application on smartphone. The system informs drivers about time, driving speed, weather conditions, directions through a compass, notifications from social media or calls and messages;

- Transcend

Transcend StoreJet Cloud 110 provides users with a storage volume of up to 8TB and reliable data confidentiality. It features fast transfer speeds of up to 110 MB/s and centralized data management, allowing for efficient storage and rapid access to all your data even if you're miles away.

--------

About Taiwan Excellence Award

The Taiwan Excellence Award is jointly created by BOFT and TAITRA since 1992, with the aim of cultivating Taiwanese companies. Today, the Award of Taiwan Excellence is the highest accolade for Taiwanese Products. The symbol of Taiwan Excellence embodies Taiwan’s rise to the global ranks of quality manufacturers in terms of innovation, design and manufacturing, and represents the gold standard for Taiwanese products to compete on the global stage.

 
 
Hong Kong plans to build new homes on artificial islands
 
China Knowledge Online
Oct 11, 2018
Category:

Oct 10, 2018 (China Knowledge) - Hong Kong will add artificial islands in a bid to rein in its property market which has seen spectacular gains making the city’s housing the least affordable in the world.

The Hong Kong government will be reclaiming 688 hectares of land off Lantau Island according to a policy address by Chief Executive Carrie Lam. The land will provide between 260,000 to 400,000 homes and can house up 1.1 million people or 15% of Hong Kong’s population. 70% of the new homes will be allocated for subsidized public housing.

The first phase for reclamation works is set to begin in 2025 with people being able to start moving in by 2032.

Apart from this reclamation project, the government also looks to convert deserted rural land in the New Territories to residential use and set up a land sharing pilot programme that turns land held by developers into projects that accommodate both public and private housing.

Under the land reclamation plan, about 34,000 new jobs will also be created in the next two to three decades.

The recent policy address is the second by Hong Kong’s Chief Executive Carrie Lam since she was sworn in. Mrs Lam has placed increased focus on Hong Kong’s housing and land supply issues, indicated that the shortage of land and housing supply has placed a strain on people’s quality of life.

 
 
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Hyperloop Transportation Technologies Reveals Full-Scale Passenger Capsule
 
Oct 02, 2018
Category:

The world’s first full-scale passenger Hyperloop capsule, built in Spain by Airtificial, gets ready to head to Toulouse R&D facility for optimization

Playa Vista, Calif. (October 2, 2018) --( ASIA TODAY )-- Hyperloop Transportation Technologies (HyperloopTT, HTT) provided a first look of their full-scale passenger Hyperloop capsule today at an unveiling ceremony in Puerto de Santa Maria, Spain. The event was also held to commemorate the five-year anniversary of the founding of HyperloopTT and showcased the company’s progress since it was established as the first Hyperloop company in the world.

The capsule, “Quintero One” is constructed almost completely out of HyperloopTT’s VibraniumTM, a specially made dual-layer smart composite material. It was built at the Southern Spain aerospace facilities of HyperloopTT’s partner Airtificial, a new company formed by the merger of composite expert Carbures and engineering company Inypsa that manufactures for many leading companies including Airbus and Boeing. The design for the capsule was created in collaboration with world renowned transport design consultancy PriestmanGoode and won the Gold award at the 2017 London Design Awards

“Quintero One” Hyperloop Passenger Capsule Specifications:

Length: 32 meters (105 feet)
Inner cabin length: 15 meters (50 feet)
Weight: 5,000 kilograms (5 tons)
Other components include:
• 21,000 skilled engineering hours
• 5,000 skilled assembly hours
• 82 carbon fiber panels
• 72 sensors
• 75,000 rivets
• 7,200 square meters of fiber (1.8 acres)

The capsule will be delivered to HyperloopTT’s research and development center in Toulouse, France for additional assembly and integration into the system, before it is used on one of the first commercial tracks.

“Working together with engineers from HyperloopTT, we are proud to be pushing the envelope of smart materials in transportation and manufacturing,” said Airtificial Co-Founder and Chairman, Rafael Contreras. “Today we have unveiled a new type of transportation vessel built with an industry high percentage of composite, which makes the Hyperloop capsule perhaps the safest transportation vehicle in the world.”

“The creation of this capsule represents over a year long journey of the best expertise in design, engineering, and the development of cutting edge materials,” said Dirk Ahlborn HyperloopTT co-founder and CEO. “In just five years we have solved and improved upon all of the technology needed for Hyperloop with our new levitation system, vacuum pumps, batteries, and smart composites. This capsule will be a part of one of the most efficient transportation systems ever made.”

“In 2019, this capsule will be fully optimized and ready for passengers,” said Bibop Gresta, chairman and co-founder of HyperloopTT. “Since we have taken major steps in solving government regulations with our safety certification guidelines and insurance frameworks, we are now closer than ever to bringing Hyperloop to the world.”

Recently, HyperloopTT became the world’s first company to be able to offer an insured commercial system. In collaboration with Munich Re, the world’s largest reinsurance company along with global certification and inspection company TÜV SÜD, governments and partners, HyperloopTT is creating the first regulatory guidelines and creating the necessary legal framework for Hyperloop systems around the world.

About HyperloopTT
Hyperloop Transportation Technologies (HyperloopTT) is an innovative transportation and technology company focused on realizing the Hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. Through the use of unique, patented technology and an advanced business model of lean collaboration, open innovation and integrated partnership, HyperloopTT is creating and licensing technologies.

Founded in 2013, HyperloopTT is a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in Los Angeles, CA, HyperloopTT has offices in Abu Dhabi and Dubai, UAE; Bratislava, Slovakia; Toulouse, France; Contagem, Brazil; and Barcelona, Spain. HyperloopTT has signed agreements in the United States, UAE, Brazil, France, India, China, Korea, Indonesia, Slovakia, Czech Republic, and Ukraine.

HyperloopTT is led by co-founders Dirk Ahlborn (CEO) and Bibop G. Gresta (Chairman) and a senior management team of experienced entrepreneurs and professionals. For more information or media inquiries, contact press@hyperloop.global or visit http://hyperloop.global/.

About Airtificial
Airtificial is a new Spanish technological company specialized in applying artificial intelligence, through collaborative robotics and sensorial structures, and specialized engineering within the civil works, aerospace and automotive industries. With a 4.0 Industry DNA and a great growth potential, the company has a proven know-how and operates globally. For more information about the new company please visit: http://www.carbures.com/

About PriestmanGoode
PriestmanGoode is the world's leading transport design consultancy. Based in London and China, the studio works on a vast range of projects across rail and aviation, developing designs for high speed trains, metros, airlines and commercial spacecraft all over the world.

PriestmanGoode's work is centred around the user and about creating exceptional travel journeys for millions of passengers every year. www.priestmangoode.com

# # #

Ben Cooke
Director of Media Relations

+1(310) 720-1214
press@hyperloop.global
Los Angeles
hyperloop.global

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Singapore’s HES Unveils Plans for Regional Hydrogen-Electric Passenger Aircraft
 
Oct 02, 2018
Category:

SINGAPORE & PARIS--(BUSINESS WIRE)--After 12 years developing hydrogen propulsion systems for small unmanned aircraft, HES Energy Systems is today unveiling its plans for Element One, the world’s first regional hydrogen-electric passenger aircraft.

One century after the start of commercial aviation, HES is joining forces with a variety of partners to pioneer a new form of aerial mobility: quiet and zero carbon, personalized, on-demand, decentralized and economically inclusive of rural communities.

Designed as a zero-emissions aircraft, Element One merges HES’ ultra-light hydrogen fuel cell technologies with a distributed electric aircraft propulsion design. With virtually no change to its current drone-scale systems, HES’ distributed system allows for modularity and increased safety through multiple system redundancies.

Element One is designed to fly 4 passengers for 500 km to 5000 km depending on whether hydrogen is stored in gaseous or liquid form. This performance is several orders of magnitude better than any battery-electric aircraft attempt so far, opening new aerial routes between smaller towns and rural areas using an existing and dense network of small-scale airports and aerodromes.

Originally from Singapore, HES has been working with a number of fast-moving start-ups and SMEs in France over the past year and exploring various locations to execute its Element One vision, including Aerospace Valley, the global aviation R&D hub located in Toulouse. Its parent company H3 Dynamics has been a symbol of intensifying technological cooperation between the two countries as part of the 2018 Year of Innovation.

The promise of hydrogen-electric power could shape the future of aviation. “It’s now possible to break past the endurance limits of battery-electric flight using HES’ ultra-light hydrogen energy storage in a distributed propulsion arrangement,” says Taras Wankewycz, founder of HES. “Element One’s design paves the way for renewable hydrogen as a long-range fuel for electric aviation.”

Refueling Element One will take no more than 10 minutes using an automated nacelle swap system that applies AGVs and automated warehouse operations such as those used by Amazon and Alibaba.

Last week, HES announced its plans to begin associating on-site hydrogen generation with fuel cell powered unmanned aircraft across a network of hydrogen-ready airports, in preparation for larger-scale electric aircraft such as Element One. HES is now in discussion with industrial-scale hydrogen producers to explore energy-efficient refueling systems using renewable solar or wind energy produced locally.

In an effort to explore new business models that help position Element One into new travel segments, HES has aligned its zero-carbon aviation roadmap with Wingly, a French startup that offers flight sharing services for decentralized and regional air travel: “We analyzed the millions of destination searches made by the community of 200,000 pilots and passengers on our platform and confirm there is a tremendous need for inter-regional transport between secondary cities,” says Emeric de Waziers, CEO of Wingly. “By combining autonomous emission free aircraft such as Element One, digital community-based platforms like Wingly and the existing high density network of airfields, we can change the paradigm. France alone offers a network of more than 450 airfields but only 10% of these are connected by regular airlines. We will simply connect the remaining 90%.”

Targeting a first flying prototype before 2025, HES is in the process of building a technical and commercial consortium involving both the aviation and hydrogen eco-systems.

About HES Energy Systems (Singapore)

HES Energy Systems specializes in building high performance hydrogen fuel cell systems to extend the flying range of autonomous aerial vehicles. With a presence in Singapore since 2009, HES has grown to become a global leader in developing ultra-light fuel cells and hydrogen energy storage systems. Hired by tier-one UAV manufacturers and leading aerospace institutes around the world for over 12 years, HES has developed a variety of hydrogen storage approaches to continuously push the limits of on-board, off-grid or portable energy. HES’ parent company H3 Dynamics Holdings is backed by Japan’s SPARX representing Toyota Mirai Creation Fund, ACA Partners, and Capital Management Group.

Contacts
HES Energy Systems Pte. Ltd.
Bertrand Gauthier
Office: (+33) 6 63 00 50 64
Bertrand@hes.sg

- ASIA TODAY News Global Distribution http://www.AsiaToday.com

 
 
Asia: A Hotbed of Innovation
 
Sep 30, 2018
Category:

Asia continues to deliver technological innovations par excellence to the global community. Such is the unprecedented growth of Asian enterprise that more people are moving to cities, effectively expanding one metropolis after another. This has the effect of rapid and widespread urbanization with an estimated 50% + of Asian people now living in cities. No other continent on the planet boasts as many megacities as Asia, at 17 and growing fast. The implications of this urbanization are unprecedented.

For starters, the paradigm shift from rural to urban has spawned a new economic class of people, and its affecting every facet of Asian life. A thriving cultural milieu now embraces Asia, and it is expanding outwards at a rate of knots. This means that Asian enterprise and innovation are deeply entrenched in the psyche of countries across the region. This spans China, Hong Kong, Japan, Singapore, Thailand, Taiwan, India, Philippines and well beyond. The mass migration of people into urban areas brings with it a myriad of opportunities for new concepts, exciting ideas, and cultural growth.

This type of change comes with many challenges. Existing infrastructures are being placed under immense pressure to accommodate ever-growing numbers of people. Power grids, sanitation systems, roads and highways, housing markets, transportation facilities and so forth must grow rapidly to keep pace with these changes. Asian imaginative flair is up to the challenge, with a series of featured innovations designed to foster growth, support massive urbanization, and enhance productivity like never before. The indomitable Asian enterprises – the juggernauts of global commerce – are able to extract the best from their employees, thanks to participative styles of management, innovative idea generation through top-tier open innovation platforms, and greater efficiency across the board. Such is the broad mindedness of Asian enterprise that many exciting new processes, systems, and innovations are now available. In 2016, Kentucky Fried Chicken (KFC) launched its Watt A Box idea. This was a limited-edition concept designed to help users with mobile phone charging. The KFC box doubles as a take-out box and a phone charger replete with USB cable and lithium-ion battery. It was released in Mumbai and Delhi in India, and proved to be a resounding success at the time.

Safety first in Asia

Chinese on-demand taxi company Didi Chuxing has always operated on the cutting edge, much like Uber and Lyft. 2 years ago, this company launched a safety feature known as an SOS button via its app. With so much congestion in Asia, and so much demand for transportation, drivers tend to rush all over the place, endangering their passengers. To prevent such reckless activity, this ride service placed another consumer-friendly feature on the app. The company gets alerted every time a rider feels at risk. Much like its US-based counterpart Uber, Didi Chuxing also allows riders to share their itinerary with friends and family who can then monitor the trip in real time. The security measures came about after a female passenger was murdered by one of the drivers.

Safety is a big issue across Asia, and for good reason. Thailand is home to many reported incidents of violence against women. However, one makeup company – Oriental Princess – is having none of it. It perfected a product known as Lip Rescue. The lipstick dovetails as an alert system when the user blows into it. It emits a 120 dB high pitched sound which can be heard within a radius of 100 m. With an estimated 3 attacks against women every minute, Thailand certainly benefits from this innovation.

Making Space in Densely Populated Cities

Cities like Tokyo, Singapore, Beijing, Mumbai and others face a major problem when it comes to space. People live on top of one another in high-rise apartments, often in pokey apartments. To combat this problem, companies across Japan and beyond have pooled their collective talents to conjure up workable solutions. One such company, Yves Behar in tandem with MIT Media Lab has crafted robotic furniture for micro--sized apartments. Known as Ori, this smart furniture features units that dovetail as bookshelves, beds, tables and the like. They are all fully programmable via an app, and allow for maximum space utilization. Tokyo is not alone in this, other major cities like Singapore have partnered with major multinational enterprises like 3M to create noise cancelling construction materials. These initiatives are but a handful of the many exciting innovations currently underway across Asia.