GLASGOW, Scotland--(BUSINESS WIRE)--Dec 18, 2024--
Neuranics, a global leader in magnetic sensing solutions, is proud to present its CES 2025 Innovation Awards Honoree, the groundbreaking Magnetomyography (MMG) Magnetic Sensor, at the world’s largest consumer electronics show. From January 7–10, 2025, Neuranics will showcase its cutting-edge magnetic sensing solutions at Booth 62046 in Eureka Park, Las Vegas, demonstrating their potential to revolutionise wearables and extended reality (XR) technologies.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241218054294/en/
Recognised in the prestigious XR Technologies & Accessories category, the MMG Magnetic Sensor exemplifies the future of magnetic sensing. Leveraging advanced Tunneling Magnetoresistance (TMR) technology, this ultra-sensitive sensor detects picoTesla-level magnetic signals from muscle activity. Such groundbreaking sensitivity enables transformative applications, including real-time gesture recognition, wearable health monitoring, and seamless human-machine interaction.
What to Expect at Booth 62046
Neuranics invites you to experience its revolutionary magnetic sensing solutions through:
Arrange a Meeting
Reach out to schedule a meeting during CES 2025 by emailing info@neuranics.com. Connect with the team to explore opportunities to advance wearables and XR technologies together.
Additionally, CEO Noel McKenna will participate in the panel discussion, "Quantum is Now: Unprecedented Improvement in Precision and Sensitivity," on January 9, 2025, at 11:00 AM (LVCC West Hall, W218). This session will explore how quantum advancements, like Neuranics' magnetic sensing solutions, are transforming sensing technology and pushing the boundaries of what’s possible.
About Neuranics
Neuranics, based in Scotland, is a pioneering company at the forefront of magnetic sensing solutions, redefining human-machine interaction. By integrating ultra-sensitive TMR technology with custom circuit design and advanced hardware and software, Neuranics develops transformative solutions for wearable health monitoring and XR applications.
Discover more about Neuranics pioneering solutions in the new corporate video: Watch Now.
Neuranics is keen to connect with innovators and leaders in wearable tech and XR. Visit Booth 62046, Eureka Park at CES 2025 to explore the future of magnetic sensing solutions.
Award-winning MMG Sensor: Precision for wearables and XR (Graphic: Business Wire)
NEW YORK (AP) — U.S. stock indexes are drifting as Wall Street waits for an announcement from the Federal Reserve that could guide its direction into next year. The S&P 500 slipped 0.1% Wednesday. The Dow Jones Industrial Average edged up 40 points, and the Nasdaq composite fell 0.1%. Jabil helped lead the market after reporting stronger profit and revenue for the latest quarter than analysts expected. General Mills dropped after cutting its profit forecast for the year. Trading is likely to remain relatively quiet until the afternoon, when the hope is the Fed will offer clues about how much it will cut interest rates next year.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
HONG KONG (AP) — European markets opened higher after a mixed trading session in Asia ahead of the Federal Reserve's final rate decision of this year.
The futures for the S&P 500 and the Dow Jones Industrial Average were 0.2% higher.
France’s CAC 40 rose 0.1% in early trading to 7,373.03, while Germany’s DAX added 0.2% to 20,285.04. Britain’s FTSE 100 was up 0.2% to 8,211.66 after official data showed inflation in November climbed to 2.6%, rising for a second straight month.
The Bank of England is expected to keep its key rate unchanged when it meets on Thursday, as is the Bank of Japan, which wraps up a policy meeting on Friday.
Japan’s benchmark Nikkei 225 dropped 0.7% to 39,081.71 after the government reported that exports rose 3.8% in November year-on-year. Meanwhile, imports fell by 3.8%, according to data from the Ministry of Finance.
Nissan Motor Corp.’s shares jumped 23.7% after it said it was in talks on closer collaboration with Honda Motor Co., though no decision had been made on a possible merger. The latter’s shares lost 3%.
Nissan, Honda and Nissan alliance member Mitsubishi Motors Corp. agreed in August to share components for electric vehicles like batteries and to jointly research software for autonomous driving to adapt better to dramatic changes in the auto industry.
In Hong Kong, the Hang Seng added 0.8% to 19,864.55 and the Shanghai Composite index gained 0.6% to 3,382.21.
In South Korea, the Kospi jumped 1.1% to 2,484.43. Australia’s S&P/ASX 200 edged 0.1% lower to 8,309.40.
On Tuesday, the S&P 500 slipped 0.4% and the Dow dropped 0.6%. The Nasdaq composite retreated 0.3% from its record set the day before.
The S&P 500 is on track for one of its best years since the millennium, up nearly 27%, because the U.S. economy has remained remarkably resilient, hopes are high that President-elect Donald Trump’s policies will boost growth but not inflation too badly and the Federal Reserve has begun to make things easier by cutting interest rates from a two-decade high.
The Fed is widely expected to announce the third cut of the year to its main interest rate on Wednesday, and officials are also scheduled to unveil projections about where they see rates heading in upcoming years.
Expectations for coming cuts have been on the downswing, though, as inflation looks like it could stubbornly stick above the Fed’s 2% target after slowing sharply from its peak above 9%.
A report on Tuesday showed sales at U.S. retailers strengthened by more last month than economists expected. That could be an indication of an economy that doesn’t need much more help from easier interest rates. While lower rates can goose the economy, they can also give inflation more fuel.
Bitcoin set a record above $108,000 on Tuesday before pulling back, according to CoinDesk.com. It’s catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies.
Late Wednesday it was trading at $104,304.
In other dealings early Wednesday, U.S. benchmark crude oil rose 54 cents to $70.19 per barrel. Brent crude, the international standard, added 53 cents to $73.72 per barrel.
The U.S. dollar rose to 153.71 Japanese yen from 153.50 yen.
The euro rose to $1.0493 from $1.0491.
People walk on Wall Street in New York's Financial District on Wednesday, Dec. 18, 2024. (AP Photo/Peter Morgan, File)
A scooter passes the New York Stock Exchange in New York's Financial District on Tuesday, Dec. 17, 2024. (AP Photo/Peter Morgan)
A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 18, 2024. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 18, 2024. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 18, 2024. (AP Photo/Ahn Young-joon)