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First German GHG trade initiated on Argus Open Markets platform

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The trade underlines the growing importance of greenhouse gas quota reductions in decarbonisation

HAMBURG, Germany, Aug. 24, 2026 /PRNewswire/ — The first transaction in German greenhouse gas (THG) quota reductions has been initiated on the Argus Open Markets (AOM®) platform, marking a significant step forward in the evolution of Germany’s THG quota market towards greater transparency, price discovery and trading efficiency.

Global energy and commodity price reporting agency Argus operates AOM platforms across a range of markets, enabling participants to post bids and offers, discover counterparties and initiate transactions within a transparent and auditable framework.

The THG quota market allows market participants to buy and sell in the transfer of greenhouse gas reductions from quota generators and poolers to obligated fuel suppliers who need to meet annual greenhouse gas reduction targets.

Until now, the THG quota market has been an over-the-counter market characterised by bilateral negotiations, limited liquidity and relatively low transparency. As a result, market participants have often faced challenges in understanding where market value lies and in identifying trading opportunities. AOM trading has the potential to change that.

The market is growing in importance as Germany pursues increasingly ambitious transport decarbonisation targets. The country’s implementation of the EU’s latest Renewable Energy Directive (RED III) will increase compliance requirements and is likely to reinforce the role of THG quota reductions in achieving greenhouse gas reduction objectives.

Argus Media chairman and chief executive Adrian Binks said: “Argus plays a key role in improving transparency in the market through its reporting, market intelligence and price assessments. The first THG quota trade initiated on AOM® represents a further step in that process, providing participants with a platform that combines price discovery, market transparency and electronic trade initiation for a product which has traditionally traded through less transparent bilateral channels.”

Argus contact information

London: Seana Lanigan
+44 20 7780 4200
Email Seana

Houston: Elizabeth Frye
+1 713 968 0000
Email Elizabeth

Singapore: Tomoko Hashimoto
+65 6496 9960
Email Tomoko

About Argus Media

Argus is the leading independent provider of market intelligence to the global energy and commodity markets. We offer essential price assessments, news, analytics, consulting services, data science tools and industry conferences to illuminate complex and opaque commodity markets.

Headquartered in London with over 1,500 staff, Argus is an independent media organisation with 32 offices in the world’s principal commodity trading hubs.

Companies, trading firms and governments in 160 countries around the world trust Argus data to make decisions, analyse situations, manage risk, facilitate trading and for long-term planning. Argus prices are used as trusted benchmarks around the world for pricing transportation, commodities and energy.

Founded in 1970, Argus remains a privately held UK-registered company owned by employee shareholders and global growth equity firm General Atlantic.

Trademark notices

ARGUS, the Argus Logo, ARGUS MEDIA and ILLUMINATING THE MARKETS, Argus publication titles and index names are trademarks of Argus Media Limited. Visit Trademarks for more information.

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SOURCE Argus Media

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Camel Group’s 12V Sodium-Ion Battery Selected for European OEM Pre-Development Project

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WUHAN, China, Aug. 24, 2026 /PRNewswire/ — Camel Group Co., Ltd. (Shanghai Stock Exchange: 601311.SH) announced that its 12V sodium-ion battery business has been selected for a pre-development project with a major European automotive manufacturer, bringing the company’s sodium-ion battery technology into the OEM’s technology development and validation process for next-generation low-voltage applications.

The project builds on Camel Group’s engineering development of cylindrical sodium-ion battery samples and its small-batch production capabilities for sodium-ion battery products. It follows the adoption of Camel Group’s 12V lithium-ion batteries by major European automakers and represents another step in the company’s overseas R&D collaboration in next-generation low-voltage battery technology.

Sodium-ion batteries are attracting increasing attention in automotive applications as manufacturers explore alternative technologies for evolving vehicle electrical architectures. Their resource availability, low-temperature performance and cycle-life potential make sodium-ion technology a potential option for automotive low-voltage battery systems, particularly amid evolving battery regulations and decarbonization requirements.

Camel Group has more than four decades of experience in low-voltage batteries, with a product portfolio spanning conventional lead-acid, EFB, AGM, 12V lithium-ion and 12V sodium-ion batteries. In sodium-ion technology, the company has completed the engineering development of cylindrical battery samples and established small-batch production capabilities.

Camel Group is also the lead proposing organization for the international standard proposal 12 V Sodium-ion Batteries for Automotive Start-Stop Applications. The proposal was unanimously approved by IEC/TC21 and has formally entered the international standardization process.

The European OEM project provides an opportunity for further validation of Camel Group’s sodium-ion battery technology and product adaptability under European automotive requirements.

Camel Group will continue to advance sodium-ion battery technology and deepen collaborative R&D with automotive manufacturers in China and overseas markets, developing low-voltage battery solutions focused on safety, adaptability and stable performance under diverse operating conditions.

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Galileo Robotics Unveils Galileo X at WRC 2026, Breaking Conventional Form Factors with Its “Embodied Ground Mobility System”

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BEIJING, Aug. 24, 2026 /PRNewswire/ — At the 2026 World Robot Conference (WRC 2026), Galileo, a leading Chinese embodied-intelligence robotics company, unveiled the groundbreaking, next-generation Galileo X, its new “Embodied Ground Mobility System”. The launch marks a major breakthrough in product form and technology, redefining the paradigm for next-generation ground robots.

Galileo X is a next-generation general-purpose ground mobility platform designed for diverse future operational needs. Its disruptive capabilities are powered by Galileo’s proprietary Unified Embodied Ground Mobility System.

Built on an integrated hardware architecture and unified control framework, the system bridges the previously fragmented hardware architectures, kinematic models and control algorithms of wheeled, vehicle-based and legged platforms. It enables end-to-end coordination across mechanics, actuation, perception and control, creating highly differentiated technological advantages.

Powered by such advanced core technologies, Galileo X breaks the conventional boundaries between AGVs, off-road vehicles and quadruped robots. It combines the high-precision indoor transport of wheeled AGVs, vehicle-level long-range off-road mobility, and the complex-terrain traversal capabilities of legged robots—all highly integrated within a single platform.

Galileo X has significant deployment advantages in a diverse range of high-value scenarios, including heavy-duty off-road handling, warehouse logistics and directional transfer, mobile chassis for humanoid robots, inspection, perception, and mobile operation platforms. It enables integrated intelligent operations across diverse environments, reducing the complexity of multi-device coordination and whole-life-cycle maintenance costs while streamlining hardware deployment.

As a leading company in embodied intelligence, Galileo has established a comprehensive technology system covering robot platforms, core components, motion control and systems engineering, with full-stack in-house development of its core components and underlying technologies.

The launch of Galileo X marks the establishment of Galileo’s proprietary technology foundation for all-terrain mobile robotics, further strengthening its leadership in multimodal ground mobility solutions.

Going forward, Galileo will build an open ecosystem around Galileo X by opening up core hardware and software interfaces and working with algorithm developers, application service providers and industry partners to develop solutions integrating hardware, algorithms and industry applications. The company will also continue to strengthen its overseas channel network and accelerate commercialization in global markets, helping drive the ground mobile robotics industry into a new era of ubiquitous intelligence.

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SOURCE Galileo

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The National carrier of the Hashemite Kingdom of Jordan, Royal Jordanian Airlines Selects Ramco Systems to Power Its Next Phase of Growth

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Ramco Aviation Software to strengthen operational efficiency and fleet reliability as Royal Jordanian Airlines scales its business

AMMAN, Jordan and DUBAI, UAE, Aug. 24, 2026 /PRNewswire/ — Enterprise aviation software provider Ramco Systems FZ – LLC, a subsidiary of Ramco Systems Limited (BSE: 532370) (NSE: RAMCOSYS), announced that Royal Jordanian Airlines, the National carrier of the Hashemite Kingdom of Jordan, has selected Ramco’s next-generation Aviation Software to support its next phase of growth, following a comprehensive evaluation of global aviation software solutions.

With modules for Engineering and CAMO, Maintenance – Line, Hangar and Shop, Supply Chain Management, Safety, Quality and Compliance and MRO and Part Sales, Ramco Aviation Software provides Royal Jordanian with a single, unified digital platform that will enhance operational efficiency and ensure control and compliance through centralized technical documentation and audit-ready reporting. Ramco will also provide its digital enablers including digital task cards, mobility and dashboards, tailored to Royal Jordanian’s operations that will enhance agility through real-time visibility and enable paperless operations. Ramco Aviation Software will integrate seamlessly with Royal Jordanian’s existing IT landscape, ensuring a seamless flow of data across all functions.

Samer Majali, Vice Chairman/ CEO of Royal Jordanian Airlines, said, “Digital transformation is a key pillar of Royal Jordanian’s growth strategy. As we continue modernizing our fleet and expanding our network, we are equally committed to investing in advanced technologies that enhance operational performance, improve efficiency, and support the highest standards of safety. Our partnership with Ramco reflects that commitment and reinforces the digital capabilities needed to support our future growth.”

Sandesh Bilagi, Chief Executive Officer, Ramco Systems, said, “Being chosen by Royal Jordanian Airlines is a testament to the trust we have earned serving the aviation industry and our deep understanding of what airlines need to operate reliably at scale. As Royal Jordanian continues to grow, our platform will help simplify maintenance and engineering operations, while our investments in next generation technologies such as AI and agentic automation will help their teams achieve greater operational resilience.”

Ramco Aviation Software is trusted by 24,000+ users to manage 4,000+ aircraft globally. With 90+ Aviation organizations onboard, Ramco is the solution of choice for top Airlines, 3rd party MROs, large Heli-Operators, leading Defense organizations, and major Urban Air Mobility companies around the world. Available on cloud, Ramco Aviation Suite provides accessibility with ‘Anywhere Apps’, significantly accelerating organizational efficiency and agility. Ramco is changing the paradigm of enterprise software with Artificial Intelligence based solutions, intelligent voice enabled user experience, and advanced features such as digital task cards, offline maintenance capability, conversational chatbots, HUBs and cognitive solutions.

About Royal Jordanian Airlines:

Royal Jordanian Airlines, Jordan’s national carrier, was founded in 1963 and is headquartered in Amman. Operating a modern fleet that includes Boeing 787-8 and 787-9 Dreamliners, Airbus A320neo Family, and Embraer E2 aircrafts, the airline connects Jordan and the Levant to the world. From its hub at Queen Alia International Airport, Royal Jordanian serves more than 55 destinations across the Middle East, Europe, Asia, and North America, with access to nearly 900 destinations worldwide through its oneworld alliance. Committed to innovation, sustainability, and a seamless passenger experience, Royal Jordanian continues to expand and modernize its fleet to meet the evolving needs of travelers.

About Ramco Systems:

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has maintained a consistent track record of serving 800+ customers globally with two million+ users and delivering tangible business value in Global Payroll, Aviation, Aerospace & Defense, and ERP. Ramco’s key differentiator is its innovative product development approach through its revolutionary enterprise application assembly and delivery platform. On the innovation front, Ramco is leveraging cutting-edge technologies around Artificial Intelligence, Machine Learning, RPA, and Blockchain, amongst others, to help organizations embrace digital transformation.

For more information, please visit https://www.ramco.com/products/aviation-software/
Follow Ramco on LinkedIn and stay tuned to https://www.ramco.com/blog

For further information, please contact: contact@ramco.com

For Royal Jordanian media inquiries, please contact: media@rj.com 

 

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SOURCE Ramco Systems

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