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Calterah Day 2024: Targeting 10 Billion Global Millimeter-Wave Radar Market, Calterah Aspires to Reach New Heights in Chip Technologies

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SHANGHAI, July 5, 2024 /PRNewswire/ — At Calterah Day 2024 on June 6 in Shanghai, Calterah revealed its 2-chip cascading imaging radar solution using Andes SoCs, two 6T6R mm-wave radar SoC series—Kunlun-USRR and Lancang USRR, along with an innovative package technology—ROP®. Calterah also invited experts in the mm-wave tech field and ecosystem partners to explore how mm-wave radar can leverage cutting-edge technologies to address swiftly changing demands for radar.

Surmounting “Andes” and Defining New Paradigm for R&D of Imaging Radar

At the event, Calterah unveiled a 2-chip cascading imaging radar solution using Andes SoCs, indicating the chip named after the largest mountain range in South America—Andes, will enter mass production soon.

Based on the 22 nm CMOS process, the Andes SoC integrates an RF module with industry-leading performances and boasts the unique architecture of a quad-core CPU with a DSP and a proprietary Radar Signal Processor (RSP), which offers ultra-strong computing power for exceptional and flexible signal processing.

Owing to the Flex-Cascading® function of Andes, Calterah redefines the R&D paradigm of imaging radar. By cascading two Andes SoCs through Chip-to-Chip interfaces, customers can readily realize an imaging radar system, which scales up chip resources, simplifies the hardware architecture, optimizes the BOM, and allows software reuse.

Calterah 2-Chip Cascading Imaging Radar Solution supports up to 64 MIMO channels, provides a 320-meter maximum detection range with a 1.5° azimuth separation, a 3° elevation separation, and outputs 2048 point targets per frame. Calterah also demonstrated the field test results of the imaging radar solution, which highlighted its highly competitive detection capabilities in maximum detection range, separation of strong and weak targets in complex traffic scenarios, hidden target detection, and detection at intersections, on highways, etc. Calterah announced this solution would be brought to market very soon this June.

Scaling “Kunlun” and Pushing Frontiers of Vehicle Perception

Calterah Kunlun automotive mm-wave radar SoC platform came into being to primarily meet the differentiated requirements on radar put by emerging applications, such as automatic obstacle avoidance doors, passenger monitoring, and child presence detection, including lower power consumption, smaller size, and better angular and spatial resolution.

Calterah unveiled the 77 GHz Kunlun-USRR and 60 GHz Lancang-USRR SoC series, both developed on the Kunlun platform. USRR stands for Universal Short Range Radar, meaning these multi-channel SoCs are optimized and tailored to the needs of universal emerging radar applications.

Calterah Kunlun-USRR and Lancang-USRR SoCs have 6T6R, offering stronger angular performance. Each integrates a flexible and powerful RSP allowing customized signal processing flows. Different power modes ensure the ultra-low power consumption of short-range radar. Moreover, the antenna-in-package (AiP) version achieves a remarkably small package size of 13 mm × 16 mm, facilitating radar installation for emerging applications and expanding vehicle perception from ADAS to the interior and exterior of vehicles.

Samples of Calterah’s Kunlun-USRR and Lancang-USRR SoCs are expected to be available in Q4, 2024.

ROP®—Optimal Chip Solution for Waveguide Antenna Systems

Calterah also revealed a cutting-edge mm-wave package technology—Radiator on Package (ROP®), which employs radiators to transmit signals to a waveguide antenna system and thus greatly reduces antenna feedline loss and improves channel isolation, better meeting the radar requirements of longer detection ranges and wider FOVs. Calterah ROP® package technology will be applied in the Alps-Pro and Andes SoC series.

As of Q1 in 2024, Calterah’s accumulative chip shipments have exceeded 8 million units, and counting. For 2024, Calterah expects to ship over 6 million chips. This significant growth will breathe new life into the global mm-wave radar chip market.

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SOURCE Calterah

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Hexagon Interim Report 1 January – 31 March 2026

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April 23, 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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6 minutes ago

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April 23, 2026

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dragonpass-empowers-financial-institutions-with-end-to-end-loyalty-solutions-at-money2020-asia-302751442.html

SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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April 23, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

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View original content:https://www.prnewswire.com/in/news-releases/sbi-life-insurance-registers-new-business-premium-of-42-551-crores-for-the-year-ended-on-31st-march-2026–302751447.html

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