Engr. Mansoor Malik, Convener Pakistan Aerospace Council Hails Launching of Chinese Satellite Navigation System (BDS)

/in

The BeiDou Navigation Satellite System (BDS) is a Chinese satellite navigation system. It consists of two separate satellite constellations. The 35th and the final satellite of BDS-3 was launched into orbit on 23 June 2020. When fully completed, BeiDou will provide an alternative global navigation satellite system to the United States-owned Global Positioning System (GPS), the Russian GLONASS, and the European Galileo systems.  It was said in 2016 that BeiDou-3 will reach millimetre-level accuracy (with post-processing).

In an interview with GNN Television Network, Engr. Mansoor Malik hailed the launch of Chinese Navigation System and hoped that it will release dependence on GPS and GLONASS. Please watch his interview with GNN

How to Know the Right Time to Launch Business

/in

Ideas for start-ups are often clouded in uncertainty during the best of times. In the midst of unprecedented global uncertainty, you might think it’s best to shelve any such plans for the time being.

In reality, it could actually be the best time ever to launch. With the growing demand for new ways to work and sell in light of health concerns and desire for new ways to access in-demand products, your startup idea could be just what’s needed. Here’s how to decide.

Whether your business idea is in demand

Over the course of the last three or four months, it has quickly become clear what type of gaps exist between what’s needed right now and what’s actually available. Quick searches uncover where there are supply chain issues and a lack of domestic manufacturing for much-needed products and for services to expedite those products.

Now’s the time to create the type of change that could help solve such issues. This might not be the only time we face a crisis of this magnitude. The question is whether your business idea fills the right role or not. If it does, then move quickly and find ways to accelerate its launch.

Determine if you can change the idea to meet new demand

If your small business idea isn’t quite ready for primetime just yet, consider whether it meets the new demand with some slight modifications or a pivot. If you are willing to redirect your business vision, it might be well worth putting in the necessary extra research rather than wait for the next good economic cycle to return.

Business owners will need to explore ways to alter their current business plan and evaluate the costs, resources, skills and timing necessary to do so. Evaluate the competition and funding availability to make it possible.

Seek funding to help launch the new business idea

One of the biggest deciding factors will be your ability to obtain funding. If you can make the case that your business model helps to solve a problem and can put people to work, then you might be able to attract investors.

Search for talent to help get the business idea off the ground

Another critical factor is whether you can find the talent willing to join your startup and take a chance on it during such uncertain times. Depending on the financial position of available talent, they may or may not be able to work on an equity basis. Ask potential talent about whether they would consider working for a startup and under what conditions.

Pressing the pause button is an acceptable choice

If you decide that this is not the right time for your startup idea, don’t feel bad about pressing the pause button. These uncertain times will pass and you’ll have another opportunity to launch. This moment to reflect may even give you more time to research, plan and develop your business idea to improve its odds for success down the road.

 

Source

Pakistan’s Automobile Sector Entails Tax Reduction, Says Director Export Mehran Commercial Enterprises

/in

The automobile sector, which is struggling to restore its activities amid the spread of Covid-19, has requested the government to slash taxes in the Finance Bill 2020.

Talking to THE EXPRESS TRIBUNE, Mr. Mashood Ali Khan Director Export Mehran Commercial Enterprises (Member Pakistan Aerospace Council) said, “The decline in the country’s automobile sector began in July last year when the government announced that non-filers of tax return can register only one vehicle against their CNIC.  After that, we were burdened with additional customs duty of 7-11% and federal excise duty of up to 7.5%.”  “At present, 18% sales tax is levied on cars. If the government cuts it down to single digit, it will give a boost to the entire automobile sector and enhance government earnings as well,” he emphasised catalunyafarm.com.

To read the complete story, please visit

https://tribune.com.pk/story/2244154/2-pakistans-automobile-sector-demands-tax-reduction/?amp=1

https://www.pakwheels.com/blog/automobile-sector-tables-this-new-demand-from-govt/

 

Source

To avoid Spread of Corona Virus, Protective Shield between Drivers and Passengers Developed by Mehran Commercial Enterprises

/in

Mehran Commercial Enterprises (MCE), Member Pakistan Aerospace Council developed a protective transparent plastic shield to create a partition in the vehicles between drivers and passengers to avoid spread of Corona Virus.

Talking to news persons, Director Export MCE,  Mr at-casinos.com. Mashood Ali Khan said that this partition was suitable for use in SUVs and SVs.  “The partition is being produced for local market and going to be unveiled in the global market during the current month”, added Mr. Mashood Ali Khan.

 

Government has completely neglected Auto and Manufacturing Industry in the Budget, says Mr. Mashood Ali Khan

/in

Mr. Mashood Ali Khan, Director Exports Mehran Commercial Enterprises (Member Pakistan Aerospace Council) has said that the budget was not promising to the manufacturers.

Talking to Pakistan Observer, Dawn News, Business Recorder, Daily Express, Dunya News and reporters from other media groups, he said that auto industry requested the government to abolish ACD, ASD from imported raw materials, remove FED and minimum turnover tax from 1.5 percent to 0.5 percent and defer CNIC at the time of buying at least for one year. However, no demand has been accepted in this budget that will create more difficulties for the manufacturers to revive the industry guarda ora.

To know his complete point of view, please visit

Govt unable to recognize role of auto industry

 

The most promising SpaceTech startups

/in

Last month, SpaceX successfully launched its Crew Dragon spacecraft, sending two NASA astronauts to the International Space Station, and also sending space nerds around the world into a state of giddy euphoria.

As the first launch of “American astronauts in an American-made rocket, from American soil” in more than nine years, it marked a significant step forward for private investment in space ventures.

According to the space technology venture firm Seraphim, investor activity into space-related startups is up almost 10x in the last 3 years. Dollars invested went from 2.5 billion in 2017 to 5.4 billion in the first quarter of 2020 alone.

Seraphim categorizes potential investment areas into eight main sectors:

Build – Companies building the satellites and drones themselves.

Launch – Companies building and launching rockets. This includes autonomous flight and drone delivery startups.

Data – Companies collecting data from space. For example, Spire Global uses nanosatellites to track maritime, aviation, and weather patterns.

Downlink – Technologies facilitating the transmission and storage of data from space back down to Earth.

Analyze – Companies working to convert that data into insights.

Product – Companies packaging data streams from space and terrestrial sources into APIs for use by other companies.

Beyond Earth – Companies building in-space infrastructure to connect satellites and spaceships to each other. One example is Momentus, which is a sort of space-taxi service, moving satellites from one orbit path to another znajdź więcej informacji.   View Story

 

Source

TORs for Members PAeC Whatsapp Group

/in ,

PAeC Members’ WhatsApp Group (comprising Business Executives, professionals and Intellectuals from PAeC Member and Prospective Member Companies/Institutions), created to discuss and share their experiences/point of view about business opportunities for Pakistani Aerospace and Engineering Industry. This will also help in forging partnership of companies for large projects.

The group members are expected to support and strive for achieving following objectives of Pakistan Aerospace Council as success of the idea will ultimately be the success of players at individual level and that of Pakistan;

  • Improving the image and profile of Pakistan’s High Tech Sector.
  • Influencing the policy debates & procedures of most importance to our industries.
  • Supporting Pakistan’s high value manufacturing and supply chains.
  • Encouraging investments in technology and innovation.
  • Supporting business development opportunities in Global Market.
  • Increasing Member value.
  • Sustainable growth of Private High-tech Sector in Pakistan reseña.

The group members are requested to discuss and share their ideas to promote and achieve PAeC objectives with positivity and hope for success while avoiding political orientation, pessimism & desperation.

 

PAeC

Toyota Tsusho America and TRB Lightweight Structures Form Strategic Alliance in the US

/in

TRB LS and Toyota Tsusho America have entered a joint venture providing high volume composite parts for the North American automotive industry.

The new venture has opened a location near Lexington, Kentucky, US, and will begin delivering composite battery enclosures to a Tier 1 supplier to the truck and bus industry in April. Composite materials are gaining popularity in the automotive industry due to their light weight and superior mechanical properties.

TRB is headquartered in the UK and brings decades of experience manufacturing lightweight solutions for transportation, including rail and aerospace, using both composites and aluminium. The new venture leverages TRB’s automated manufacturing techniques and Toyota Tsusho America’s global supply chain. The factory will utilise proprietary robotics and processing automation to unlock cost-effective composite part production.

“We’re striving to support our customers as they move to electrification,” said Mike Lavender, senior vice-president of Toyota Tsusho America.

“We’re thrilled to collaborate with Toyota Tsusho America to bring our knowledge and innovation to US automakers and their suppliers,” said Richard Holland, managing director of TRB LS.

Source

Scientists Create UV Light-Emitting Drone to Fight COVID-19

/in

The novel approach can reduce the impact of a second wave of COVID-19 by sterilising a wide variety of surfaces.

Irish scientists have developed an innovative autonomous drone that delivers sterilizing UV light from above in order to disinfect public surfaces and reduce the transmission of COVID-19 and other viruses.

The novel method, which harnesses the versatility of drones, was developed by researchers at NUI Galway’s Health Innovation via Engineering (HIVE) lab. Their aim is to provide an added line of defense against a likely second surge of COVID-19 as lockdown regulations are eased worldwide.

The UVC Drone sterilising a hospital room

The researchers developed an unmanned aerial vehicle (UAV) called the UVCDrone, which uses UV light to sterilize surfaces. The same team successfully developed a drone that can send life-saving insulin to remote locations last year.

Led by NUI Galway’s Professor Derek O’Keeffe and Dr. Ted Vaughan with Dr. Kevin Johnson from the University of Limerick, the team came up with a solution that could help to sanitize a wide variety of public places, including hospital wards, restaurants, trains, shopping centers, and airport terminals.

The UVCDrone utilizes UVC (100-280nm) which is a high frequency, short wavelength radiation. This can destroy the genetic material of microorganisms, preventing their capacity to reproduce — therefore sterilizing surfaces.

The light is harmful to humans, so the UVC Drone can easily be programmed to deliver the UVC light on surfaces at night time, or at specific times when spaces will be unoccupied.

The drone uses an AI algorithm to fly autonomously around a space while emitting its light over surrounding surfaces. Once finished, it lands back in its dock for recharging.

 

Source

What to do if having a business slowdown

/in

During a slowdown, entrepreneurs can boost their business and prepare for a positive resurgence when the country recovers from COVID-19 and its economic impact.  Here are some ideas.

Connect

Now is the time to reach out to customers, but without the sales pitch.  Your customers are most likely struggling and stressed over everything from work and income to their kids.

Instead, connect with your customers on a more personal level.  Ask how they are doing.  Find out what they need in terms of advice or resources.  Share what you’re doing as a business to help people in your community.  Consider creating your own online course or a video guide series for your customer base.  Balancing your news with genuine interest about your customers’ welfare will help you get to know each customer on an individual level.

Research

You may now have time to get to all that research you filed away to read before a crisis hit.  Why not conduct market research to grow your business and explore opportunities for expansion?

Start your exploration with industry organizations.  These groups typically produce research reports, studies, and surveys to alert member companies to trends, regulatory issues, challenges, and opportunities.  Check out what your competition is up to and compare strategies.

Develop

When you’re running a business, there’s never enough time to work on your own professional development goals. But with a business slowdown, you can carve out time on your calendar for one or more of the many online courses available on digital learning sites.

Whether it’s a skill you want to learn or improve on, or a more formal goal of finishing or adding a degree, you’ll find lots of resources to help you meet your development goals.  From online sites to universities, courses are available on different subjects of your choice.

There are endless opportunities to transform into a better version of yourself.  Libraries and audiobook sites are now offering free access to a wealth of knowledge for your personal and professional development.

Train

While you work on yourself, ask your employees if there are skills they want to refine or company improvements they want to suggest to take the business to the next level.  You can conduct online training sessions now so that your team will be ready to put that training to work to provide better customer experiences when restrictions are lifted.

If your market research has identified new opportunities, this could be the time to alter your business model.  Though you should make a plan and take a tactical approach, you can launch fairly quickly without a complete model in place.  In doing so, you may find that business picks up.

An unexpected economic downturn may cause irritation, stress, and worry.  But it’s important to develop a different perspective.  Be proactive in assessing how you can transform the negative of a business slowdown into something that will make business better now and well into the future.

 

Source