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Allegro Microsystems sees record revenue in first post-IPO report

Allegro Microsystems sees record revenue in first post-IPO report
Third quarter sales up 20% from a year earlier
February 4, 2021
Allegro Microsystems CEO Ravi Vig, shown here at the celebration of the firm’s initial offering on the Nasdaq in October, sees ‘further confidence in the longevity’ of the Manchester-based company’s current revenue picture.
In its first quarter as a publicly traded company, Allegro MicroSystems reported record revenue, exceeding the company’s expectations.
The Manchester-based maker of integrated sensors and power circuits, reported third-quarter revenue of $164.4 million for the three-month period ending Dec. 25, up 20% from the prior quarter.
The firm attributed half of that growth to the economic rebound of the automotive industry. ....

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TuSimple and Aeva partner to deploy 4D lidar for autonomous trucking

TuSimple and Aeva partner to deploy 4D lidar for autonomous trucking
Aeva, Inc., a developer of FMCW 4D lidar systems (earlier post), is partnering with TuSimple, a global self-driving technology company, to deploy Aeva 4D lidar on TuSimple’s self-driving trucks.
TuSimple is in a global partnership with VW’s TRATON Group to develop an autonomous system for heavy-duty trucks and is co-developing Level 4 self-driving trucks with Navistar, targeting production in 2024. TuSimple and Aeva have been working together using Aeva 4D LiDAR on the roads since 2019.
Aeva 4D LiDAR is the leading Frequency Modulated Continuous Wave (FMCW) technology to enable automated driving for series production. With its unique ability to measure instantaneous velocity for each pixel, long range performance at high resolutions, while being free from lidar or sunlight interference, Aeva’s 4D lidar is built from the ground up at silicon scale for mass market applications. ....

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Onto Innovation Is a Sleeper Stock That Can Rally 85%: Portfolio Manager

Thesis
Onto Innovation
is an underfollowed (lightly covered by six sell-side firms) company that is the product of the October 2019 combination of Nanometrics and Rudolph Technologies. The combination of the two companies vaulted Onto from a third- to a second-tier supplier to the semiconductor manufacturing industry. Nanometrics was known principally for its metrology and software tools and sold exclusively to semi manufacturers. Rudolph Technologies had strong businesses in inspection, metrology, lithography, and process control and yield management software. Rudolph’s business was heavily oriented to advanced packaging customers. While Nanometrics effectively bought Rudolph in a merger-of-equals transaction, Rudolph’s CEO and CFO kept their positions in the combined company, and the lead Nanometrics director succeeded to the same position in the combined company. ....

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World of Tanks Universe Deploys Large-Scale New Year Celebration – Capsule Computers

World of Tanks players on all platforms are being offered tons of free goodies and a bonanza of fun activities, including celebrity missions, a holiday tank auction and more
From Chuck Norris-filled Holiday Ops in World of Tanks PC and Tanksmas celebrations in World of Tanks Console to the Yuletide Express event in World of Tanks Blitz, the Wargaming community has a lot to look forward to this holiday season.
World of Tanks Blitz will be celebrating the festive season in style with the Yuletide Express event which will run from December 18 to January 4. Battle victories will earn player Jingle Bells needed to complete 15 event stages and get rewards including a Tier V Premium medium tank Matilda BP past mid-way and something even more solid (Tier VII premium medium tank T26E3 Eagle 7) to choose from in the end of the journey. Holiday Chests available during the event will yield boosters, vehicles, legendary and rare camos, Premium Account time, credits, gold, and… Sn ....

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