SEOUL, South Korea, April 23, 2025 /PRNewswire/ -- Nota AI, a leading AI optimization technology company, has signed a contract with Dubai's Road and Transport Authority (RTA) in the UAE to provide a generative AI-based Intelligent Transportation System (ITS) solution. The official signing took place at the 'AI Assembly' event held in Dubai on April 22.
Nota AI's ITS solution is a core product of Nota Vision Agent (NVA), a cutting-edge traffic management solution powered by Vision-Language Models (VLM). It runs directly on NVIDIA data center and edge GPUs and leverages the NVIDIA AI Blueprint for Video Search and Summarization (VSS) to process and summarize huge volumes of video data from traffic cameras. Leveraging real-time analysis capabilities, Nota AI's platform effectively identifies hazards within complex road environments and the visual AI agents immediately alerts operations teams, which can greatly accelerate on-site response times. Additionally, the automated generation of analytical reports markedly improves administrative efficiency—factors highlighted by Nota AI as decisive in securing this recent contract.
Nota AI will present the project's results at GITEX 2025, the largest technology exhibition in the Middle East, aiming to actively pursue further smart city initiatives throughout the region.
Following its successful Series C funding round last year, Nota AI has secured cumulative investments totaling $42.6 million USD. With a robust 136% revenue growth in 2024 and anticipated growth of 67% in 2025, the company has built a solid financial foundation ahead of its upcoming IPO. Significantly, Nota AI became the first AI optimization company to achieve a double-A rating in the KOSDAQ technology-based IPO evaluation in December 2024.
"This agreement with Dubai RTA marks an important milestone that clearly demonstrates Nota AI's global technological competitiveness," stated Myungsu Chae, CEO of Nota AI. "We look forward to successfully completing our IPO and spearheading AI-driven innovations across smart cities and diverse industries throughout the Middle East and beyond."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Nota AI Signs Generative AI Solution Contract with Dubai RTA, Accelerating Middle East Expansion
MUNICH, May 9, 2025 /PRNewswire/ -- At Intersolar Europe 2025, Pylontech (SHSE:688063), a global leader in energy storage sector, unveiled its next-generation liquid-cooled systems tailored for the rapidly growing commercial and industrial (C&I) energy storage market in Europe.
As a pioneer and leader in residential energy storage, Pylontech has built a strong global brand presence, supported by its vertically integrated R&D and manufacturing capabilities—from core cell technology to complete system integration. In response to the growing demand from the commercial and industrial (C&I) sector, Pylontech has significantly expanded its product portfolio in recent years. At this year's event, the company unveiled the liquid-cooled L2200 OMNI and L3300 BAT—safe, reliable, and high-performance energy storage solutions tailored to meet the evolving needs of the market.
The L2200 OMNI is an all-in-one containerized system that integrates PCS, transformer, EMS, and fire protection—offering a plug-and-play solution with simplified deployment and minimized commissioning time. The system features comprehensive safety mechanisms and supports a 1C rate, delivering robust performance. The L3300 BAT is a battery-only system, providing flexibility for diverse applications. Both solutions are engineered for high safety, fast deployment, and strong performance with high C rate. They are certified to major international standards including IEC, VDE, and UN38.3 and more, underscoring Pylontech's commitment to global compliance and market readiness.
In parallel, Pylontech released a joint white paper with TÜV Rheinland titled "High Environmental Adaptability for Commercial and Industrial Liquid-Cooling Battery Energy Storage Systems." The paper addresses the need for stable system performance in environments subject to temperature fluctuations, humidity changes, vibrations, and spatial constraints, etc. and offers insights and practices for tackling these challenges.
"Over the past decade, we have been proud to play an active role in the energy storage industry and witnessed its significant role in shaping the future of energy," said Geoffrey Song, Vice President of Pylontech. "In Europe, the demand from the commercial and industrial sectors is rapidly increasing. We are dedicated to providing the solutions our customers need, remaining a reliable partner and collaborating with industry peers to build a more sustainable future."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Take the Tide and Forge Ahead: Pylontech Unveils New C&I Energy Storage Solutions at Intersolar 2025
