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Garmin releases report highlighting cycling trends from around the world

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Data from Garmin users worldwide shows a rise in cycling activities—both inside and outdoors

OLATHE, Kan., July 10, 2024 /PRNewswire/ — Garmin (NYSE: GRMN) released a report today highlighting how cyclists around the world are logging miles and the positive health benefits they’re seeing as a result. Whether riding inside or outdoors, data from the Garmin Connect community shows that cycling activities are on the rise—and they don’t appear to be slowing down anytime soon.

Here are some key takeaways from the past year:

Cycling activities increased 7% while indoor cycling activities rose 12%.Women cyclists took the top spot as the fastest-growing cycling demographic in the Garmin community with a 9% increase in cycling activities.Garmin users who ride at least 70 miles per week average normalized power of more than 180 watts.Cyclists in the United Arab Emirates log the fastest rides, averaging 16 miles per hour.Cyclists in Denmark record the most powerful rides with an average normalized power output of 196 watts.Riders in Italy spend the most time on their bikes, with each ride lasting just over two hours. They also ride the furthest, with an average distance of 29 miles.

Click here to read the entire report.

Professional athlete approved

Garmin sponsors some of the world’s top athletes, including professional cyclists and cycling teams. Here’s what some of them have to say about how Garmin’s latest cycling products help them crush the competition:

“As a professional off-road cyclist, 90% of my training is done on the bike and is power-based training. I use the Garmin Rally™ XC200 pedals for my power meter. I tested a lot of power meter options a few years ago and found that the Rally pedals are the most consistent to themselves and also seem to be the most accurate when compared with a calibrated smart trainer. Training or racing in general would really not be possible for me without my Edge® 1040 Solar. In so many ways this computer is like my training partner. A lot of off-road racing now requires self-navigation, so the map screen and ability to load a course with turn-by-turn directions are crucial for my success. Lastly, the Varia™ radar tail light is a game-changing training tool whenever I am on roads that are shared with cars. It’s extremely helpful during efforts to help me stay aware of my surroundings. I often pull over as far to the right as possible when I see a car passing on the screen.” –Hannah Shell, professional off-road cyclist and Garmin-sponsored athlete

“I love riding outdoors and on a range of different bikes – the road bike, TT bike, gravel bike; I even get the mountain bike out once in a while. A couple of things are stable across all those bikes though. My Edge 1040 Solar head unit and my Varia radar. In the summer I love the long days on the road bike or the gravel bike and the solar panel on the Edge 1040 Solar makes sure I have plenty of energy to keep going as long as I want. In the winter, however, it can be challenging at times up in Scandinavia as the winters can be dark and cold. In those times, the Varia radar makes an even bigger impact on my ability to get my rides done while bringing awareness to my surroundings. It makes me aware of the cars around me, and the light helps make them aware of me.” –Kasper Asgreen, Soudal Quick Step cyclist and Garmin-sponsored athlete

“I call the Garmin system the computer of my sporting life. I see the Edge 840 Solar and Forerunner® 955 Solar as tools that I need for my ‘work’ as a top athlete. The Edge is where all my training sessions are going through and are fully tracked. In combination with the Forerunner, other physical data such as the number of hours I sleep, is also monitored. That gives me enormous added value to properly monitor my work as a top athlete.” –Mischa Bredewold, Team SD Worx-Protime cyclist and Garmin-sponsored athlete

Get ready for your next ride

Whether enjoying a casual cruise around town or preparing for that next big race, Garmin cycling products are ready for any ride.

Discover new routes with the Edge lineup of GPS cycling computers – including the Edge Explore 2, Edge 540, Edge 840, Edge 1040 and Edge 1050. These cycling computers combine superior navigation, performance tracking, cycling awareness and smart connectivity to help cyclists enjoy their ride and improve every day.See and be seen with the Varia lineup of rearview radars – including the Varia RTL515, Varia RCT715 and Varia eRTL615 – that warn of vehicles approaching from behind and feature a tail light that brightens and flashes to alert drivers of a cyclist ahead. Varia RCT715 even includes a built-in camera that continuously captures sharp, clear video during any ride.Whether riding on the streets or the trails, the Varia UT800 smart headlight works alone or pairs with an Edge device to help provide light in even the darkest riding conditions. It can even adjust its own brightness based on ambient light conditions when paired with a compatible Edge cycling computer.The Rally Series power meter pedals provide reliable power data and advanced cycling dynamics. Compatible with SHIMANO SPD-SL, SHIMANO SPD or LOOK KEO cleats, they install like any other pedal, making it easy to swap them between bikes.When it’s time to take training indoors, Tacx® trainers like the NEO 3M smart trainer and NEO Bike Plus all-in-one smart bike provide accurate data measurements (within 1%) and include unique features like road feel, dynamic inertia and descent simulation to make training feel more lifelike.Premium multisport smartwatches like the Forerunner 965 and fēnix® 7 Pro easily pair with Garmin’s lineup of cycling products to track power, advanced cycling dynamics and functional threshold power (FTP) while also monitoring health insights 24/7, like recovery time, sleep, stress and more.

Check out our website to learn more about Garmin’s suite of cycling products

Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroom, email our media team, connect with @garmincycling on social, or follow our blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Edge, Tacx, Forerunner and fēnix are registered trademarks and Rally and Varia are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2023, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Media Contacts:
Stephanie Schultz and Natalie Miller
913-397-8200
media.relations@garmin.com

 

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SOURCE Garmin International, Inc.

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RED Digital Announces Z-Mount Versions of the V-RAPTOR [X] and KOMODO [X]; Price, Preorder and More Info at B&H

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Video News: RED Digital Cinema is bringing the Nikon Z-Mount to their V-RAPTOR [X] and KOMODO [X] cinema cameras, alongside Z-to-PL adapters with drop-in ND filters.

NEW YORK, Feb. 13, 2025 /PRNewswire/ — B&H is pleased to announce new iteration of RED’s popular V-RAPTOR [X] and KOMODO [X] cinema cameras, now with locking Nikon Z-mounts. Releasing alongside these models are new Z-to-PL mount adapters, some with electronic ND filters, as well as conversion kits for shooters who want to add a Z-mount to existing V-RAPTOR [X] or KOMODO bodies.

RED DIGITAL CINEMA KOMODO-X Z Mount 6K Digital Cinema Camera (Nikon Z)
https://www.bhphotovideo.com/c/product/1878415-REG/red_digital_cinema_710_0420_komodo_x_nikon_z.html  

KOMODO-X Z Mount 6K Digital Cinema Camera:19.9MP Super 35 Global Shutter CMOSReinforced, Locking Nikon Z Lens MountAdjustable AF, Smooth Iris ControlCompact KOMODO Line DesignUp to 6K80p & 4K120p Video12G-SDI, USB-C, 5-Pin Audio Ports6K Streaming via RED Connect LicenseWireless Control, File Offload via Wi-FiIntegrated 2.9″ TouchscreenIncludes AC Adapter

The V-RAPTOR [X] 8K VV pairs a global shutter with a full-frame VistaVision-sized sensor. The camera originally came with a locking RF-mount, but will now be available with a locking Z-mount. This new version can be purchased by itself, in a Production Pack with Gold Mount or V-Mount batteries, or in a Starter Pack with a 7″ touchscreen and V-Mount batteries. Alternatively, you can purchase a Z-Mount Conversion Kit for existing V-RAPTOR [X] bodies, or a Z-Mount Upgrade Kit if you have older V-RAPTOR iterations like the V-RAPTOR 8K S35 or 6K S35.

RED DIGITAL CINEMA V-RAPTOR [X] 8K VV Camera (Nikon Z)
https://www.bhphotovideo.com/c/product/1878414-REG/red_digital_cinema_710_0419_v_raptor_x_z_mount.html 

V-RAPTOR [X] 8K VV Camera:Global Shutter Full-Frame VV SensorReinforced, Locking Nikon Z Lens MountAdjustable AF, Smooth Iris ControlGlobal Vision with Extended HighlightsPhantom Track for Ghost Frame, RemappingSupports up to 8K120, 800 MB/s Video17+ Stops of Dynamic RangeRight-Side Assistant’s User InterfaceREDCODE Raw HQ, MQ, LQ | ProRes OptionsDSMC3 Design, USB-C & Dual 12G-SDI Ports

The KOMODO-X 6K sports a global shutter as well, alongside a Super 35-sized sensor and a compact body. Like the V-RAPTOR [X], the KOMODO-X originally shipped with a locking RF-mount, but will now be available in a new Z-mount variation. The Z-mount body is available by itself, in a Production Pack with Gold Mount or V-Mount batteries, or in a Power Zoom Pack with the versatile Nikon NIKKOR Z 28-135mm f/4 PZ lens. This full-frame power zoom lens is custom-built for video work. There is also a Z-Mount Conversion Kit available for existing KOMODO-X owners.

Complementing these new cameras are four Z-to-PL adapters that support Cookie /i lens communication and record triggering. These V-RAPTOR [X] and KOMODO-X adapters are available in standard configurations or with a dial-in 2-7 stop electronic neutral density filter. You can adjust the ND by ¼, 1/3, or full stop increments via integrated buttons on the adapter or through existing RED control protocols on monitors and apps.

Learn More about the newest RED Z Mount Cinema Cameras                   
https://www.bhphotovideo.com/explora/video/news/red-announces-z-mount-versions-of-the-v-raptor-x-and-komodo-x

Red Digital Cinema
https://www.bhphotovideo.com/c/browse/red/ci/36678/N/3509699958 

Red V- Raptor X Cameras                                                 
https://www.bhphotovideo.com/c/browse/raptor-x-cameras/ci/59049 

RED KOMODO Cameras
https://www.bhphotovideo.com/c/browse/red-komodo-cameras/ci/59048 

RED V-RAPTOR Cameras
https://www.bhphotovideo.com/c/browse/red-dsmc3-cameras/ci/53954 

Tripods – Camera Tripods
https://www.bhphotovideo.com/c/browse/Tripods-Support/ci/8159/N/4075788743

Camera Bags
https://www.bhphotovideo.com/c/browse/Bags-Cases-Carrying-Equipment/ci/167/N/4075788798

More Categories

USB C Headphones
https://www.bhphotovideo.com/c/buy/usb-c-headphones/ci/59912

Curved Gaming Monitors
https://www.bhphotovideo.com/c/buy/curved-gaming-monitors/ci/59914

External Hard Drives
https://www.bhphotovideo.com/c/browse/external-drives/ci/30538

4K Monitors
https://www.bhphotovideo.com/c/buy/4k-monitors/ci/59915

About B&H Photo Video

As the world’s largest source of photography, video, and audio equipment, as well as computers, drones, and home and portable entertainment, B&H is known worldwide for its attentive, knowledgeable sales force and excellent customer service, including fast, reliable shipping. B&H has been satisfying customers worldwide for more than 50 years. 

Visitors to the website can access a variety of educational videos and enlightening articles. The B&H YouTube Channel has an unmatched wealth of educational content. Our entertaining and informative videos feature product overviews from our in-house specialists. You can view the B&H Event Space presentations from many of the world’s foremost experts and interviews with some of technology’s most dynamic personalities. Tap into this exciting resource by subscribing to the B&H YouTube Channel here. In addition to videos, the B&H Explora blog presents new product announcements, gear reviews, helpful guides, and tech news written by product experts and industry professionals, as well as our award-winning podcasts.

When you’re in Manhattan, take a tour of the B&H Photo SuperStore, located at 420 Ninth Avenue. The techno-carousel spins all year round at the counters and kiosks at B&H. With hundreds of products on display, the B&H Photo SuperStore is the place to test-drive and compare all the latest gear.

The B&H Payboo Credit Card offers the industry’s best instant savings and special financing, subject to credit approval. Visit B&H’s Payboo Page to learn more and apply.

Contact Information
Geoffrey Ngai

B&H Photo Video

212-615-8820
https://www.bhphotovideo.com/ 

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SOURCE B&H Photo

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ION partners with Avalara to tackle tax compliance risks in energy trading

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LONDON, Feb. 13, 2025 /PRNewswire/ — ION Commodities, a global leader in energy and commodity management solutions, announces its strategic partnership with Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes. As a technology partner in Avalara’s Partner Program, ION Commodities’ solutions will standardize integration with Avalara’s AvaTax for Energy tax engine solution to address the complexities of tax compliance in energy trading and logistics.

Tax compliance in energy markets requires navigating complex and dynamic tax rates and rules across multiple jurisdictions. This partnership between ION and Avalara will reduce the risk of incorrect or delayed tax calculations, thus helping firms to avoid financial penalties, audit risks, and increasing operational efficiency. 

The forthcoming integration will offer energy companies an automated, more accurate, and scalable tax compliance solution, enabling real-time tax calculation, reducing reliance on manual processes, and minimizing errors. Customers will also benefit from streamlined operations, enhanced decision-making, and reduced administrative overhead, allowing greater focus on core trading and operational objectives.

The combination of Avalara’s industry-standard expertise in compliance automation and ION Commodities’ industry-leading commodity management platforms will deliver an end-to-end solution for trading, risk, logistics, and tax management tailored to the evolving needs of the energy sector.

“Tax compliance is one of the most onerous factors impacting energy and commodities enterprises, and their ability to scale and operate efficiently,” said Steve Lacoff, Vice President and General Manager at Avalara. “Our partnership with ION gives mutual customers in these sectors a greatly simplified path to compliance automation, with reduced compliance risk, and greater operational efficiency.”

“Collaborating with Avalara aligns with our mission to deliver comprehensive, integrated solutions for the energy and commodities industry,” said Sunil Biswas, Chief Executive Officer at ION Corporates. “This partnership enhances our offering with advanced tax compliance capabilities, empowering our community to navigate the complexities of tax regulations with confidence.”

About ION
ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About ION Commodities
ION Commodities delivers data-driven energy and commodities trading and risk management solutions across the supply chain. Our scalable ETRM and CTRM solutions equip clients with real-time risk analytics and reporting, minimize supply chain risks, automate critical business processes, and make faster, more informed decisions. We provide full support and transparency for procurement, supply, and trading to a global community of over 1,200 clients. For more information, visit https://iongroup.com/commodities/

About Avalara
Avalara makes tax compliance faster, easier, and more accurate, reliable, and valuable for 41,000+ business and government customers in over 75 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit avalara.com to improve your compliance journey. https://www.avalara.com/us/en/index.html

All product and company names herein may be trademarks of their registered owners.

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SOURCE ION

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Newronika Closes €13.6 Million Series B Financing to Accelerate Development of Adaptive DBS Platform

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MILAN, Feb. 13, 2025 /PRNewswire/ — Newronika, a global leader in advanced deep brain stimulation, is pleased to announce the successful closing of its €13.6 million Series B funding round. The financing was led by a new investor, Fondazione ENEA Tech e Biomedical, with additional participation from existing investors Indaco Venture Partners SGR, Innogest SGR, Wille Finance, TNBT Capital, and F3F.

This significant influx of capital will empower Newronika to expand the clinical validation and commercialization of its proprietary adaptive DBS system, its innovative platform designed to deliver precision therapy aimed to improve symptom relief and reduce side effects for Parkinson’s disease patients. The funds will also facilitate the advancement of product pipelines, recruiting top-tier talent, and establishing strategic collaborations that further strengthen the company’s position at the intersection of medical device engineering and neuroscience.

Newronika’s continued momentum – evidenced by recent The Michael J. Fox Foundation grant and IDE approval, and now a substantial funding round – underscores the company’s central mission: to champion a paradigm shift in neuromodulation. Adaptive DBS represents the future of personalized brain stimulation, and Newronika remains dedicated to leading that evolution.

“We are thrilled with the strong support from both new and existing investors,” said Dr. Lorenzo Rossi, Co-Founder and CEO of Newronika. “This Series B round validates our commitment to transform the way deep brain stimulation is delivered. We aim to seamlessly integrate real-time neural data and machine learning into our DBS systems to create truly personalized therapies that surpass the capabilities of existing devices on the market.”

“With Newronika and its adaptive DBS platform, we see extraordinary potential to revolutionize the treatment of movement disorders on a global scale,” said Maria Cristina Porta, ENEA Tech e Biomedical General Manager. “Their innovative approach, capable of real-time, personalized neuromodulation, perfectly aligns with our vision of supporting disruptive medical technologies. We are excited to partner with Newronika to deliver next-generation DBS solutions to patients in need. Investing in technologies like this means caring for people’s health while creating value and driving innovation within our Country’s ecosystem.”

Davide Turco, CEO of Indaco said: “Indaco is proud to continue supporting Newronika, also through its Indaco Venture I – Lombardia Parallel Fund, in the upcoming clinical and commercial phases. We strongly believe that Newronika’s adaptive DBS system will improve the quality of life for many Parkinson’s patients.”

“This successful Series B financing round further solidifies Newronika’s strategic vision and commitment to pushing the boundaries of DBS technology to benefit patients” said Claudio Giuliano, Chairman of Newronika.

About the Investors

ENEA Tech e Biomedical is an Italian foundation supporting high-impact projects in biotechnology, medical devices, and life sciences, focusing on transformative solutions for global healthcare challenges. (https://www.fondazioneneatechbiomedical.it)

Indaco Venture Partners SGR is one of Italy’s largest venture capital firms, investing equally through its Indaco Ventures I fund and Indaco Venture I – Lombardia Parallel Fund to support cutting-edge innovations in healthcare and technology. Indaco Venture I – Lombardia Parallel Fund is an investment fund managed by Indaco Venture SGR S.p.A., selected through a public procedure by Regione Lombardia as part of the regional initiative Lombardia Venture, a fund of funds financed by ERDF PR 21-27 (Action 1.3.2) and managed by Finlombarda, which aims to support access to risk capital by Lombardy companies and to attract risk capital investment in companies through a partnership approach with private investors. Indaco Venture I – Lombardia Parallel Fund systematically co-invests with the Indaco Venture I Fund in companies operating in the region with high potential for technological innovation. (www.indacosgr.com)

Innogest SGR is a venture capital firm specializing in med-tech and digital health, leveraging its extensive experience to foster innovative healthcare startups. (https://www.innogestcapital.com)

Wille Finance is a Swiss-based multi-family office committed to impactful investments in healthcare, technology, and other transformative sectors. (https://www.willefinance.com)

TNBT Capital is a Paris-based investor focused on pioneering technologies in neuromodulation and neurotechnology. (https://www.tnbtcapital.com)

F3F is an Italian venture capital firm investing in innovative med-tech companies that are redefining patient care.

About Newronika

Newronika is transforming deep brain stimulation (DBS) through its adaptive platform that uses real-time patient data to optimize therapy. Headquartered in Milan, Italy, the company is committed to advancing neuromodulation beyond conventional limitations. With ongoing research collaborations, a CE Mark for its technology, and now an Investigational Device Exemption from the FDA, Newronika stands at the forefront of next-generation therapeutic innovation for neurological disorders.

For more information, visit www.newronika.com or follow us on LinkedIn.

Logo – https://mma.prnewswire.com/media/2612569/5150136/Newronika_Logo.jpg

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