GOTHENBURG, Sweden--(BUSINESS WIRE)--Nov 20, 2024--
Frontgrade Gaisler has launched its latest radiation-hardened microcontroller, the GR716B. Building on the success of the GR716A, this latest innovation is a step forward in the development of energy-efficient and adaptable microcontrollers for space applications. As missions grow in complexity and ambition, the industry sees a growing need for technologies that not only deliver dependable performance over long durations, but also have the capabilities to manage a multitude of tasks.
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The GR716B is an all-in-one solution for supervision, monitoring, and control in satellite applications. Designed with versatility in mind, the new microcontroller adapts effortlessly to a wide range of space systems due to its comprehensive set of standard interfaces, architectural features, and integrated analogue functions.
Sandi Habinc, General Manager at Frontgrade Gaisler, remarked, "With the GR716B, we are excited to offer a solution that reflects the growing ambitions of the space industry. The GR716B engineering models are now being made available to alpha customers for integration into new missions."
The GR716B combines proven technology with innovations that address the space industry’s most pressing challenges such as the need for low power consumption and efficient use of onboard resources. Frontgrade Gaisler also plans to bring the GR716B System-in-Package (SiP) solution to market, which combines the new microcontroller with non-volatile memory, thereby simplifying system design.
The development of the GR716B was made possible through support from the European Space Agency’s (ESA) Core Competitiveness programme, part of the Advanced Research in Telecommunications Systems programme and within ESA’s Connectivity and Secure Communications directorate, and Swedish National Space Agency (SNSA), representing a continued commitment to advancing space-grade technologies.
Domenico Mignolo, ESA Acting Head of Technology and Products Division, said, “We are glad to support Frontgrade Gaisler through our Core Competitiveness programme. By supporting the development of versatile space-grade microcontrollers, ESA aims to bring innovation in satellite communications in order to strengthen industrial competitiveness.”
For more information, visit www.gaisler.com/gr716b.
About Frontgrade Gaisler
Frontgrade Gaisler is a leading provider of radiation-hardened microprocessors and IP cores for critical applications, particularly in the space industry. The company’s processors are known for their reliability, fault tolerance, and radiation tolerance, making them ideal for any space mission or other high-reliability application.
About ESA’s ARTES Core Competitiveness programme
The European Space Agency (ESA) is Europe's gateway to space, coordinating the financial and intellectual resources of its Member States to conduct space programmes and activities. The Core Competitiveness programme line of ESA's Advanced Research in Telecommunications Systems (ARTES) provides funding and multi-disciplinary expertise to enhance competitiveness in satellite communications. It supports specific activities carried out by SMEs, large industrial consortia and research organisations aimed at developing innovative products and services that strengthen Europe and Canada's position as global leaders in the satcom market. Through its two components, ARTES Advanced Technology and ARTES Competitiveness and Growth, this programme enables organisations to transform promising concepts into market-ready solutions, covering the entire development cycle.
Learn more at https://connectivity.esa.int/core-competitiveness.
Frontgrade's rad-hard GR716B microcontroller is an all-in-one solution for supervision, monitoring, and control in satellite applications. (Graphic: Business Wire)
NEW YORK (AP) — U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts.
The behavior changes observed so far are subtle, such as altered routines for buying gasoline and fewer visits to clothing and furniture stores. They also are uneven across the population. During recent earnings calls with analysts, executives from American mainstays like Walmart, McDonald's and Dollar General cited overall shopper resilience as well as noticeable cutbacks by lower-income customers.
But the new signs of strain cited by major retailers as generous income tax refunds helped shore up their sales make some economists and analysts think they will see a wider retrenchment when the refunds are gone and consumers face the cumulative impact of more expensive gas and higher prices for food, clothing, insurance and other goods and services.
Trevor Chapman, a communications executive in West Hills, California, said that instead of going to a local independent gas station, he and his wife now plan their fuel stops around Costco stores with filling stations. The couple also is doing more online food shopping to avoid impulse buys, he said.
“Gas is a kind of catalyst,” Chapman said. “It trickles down into the entire budget. We’re trying to keep everything as normal as possible. But it’s starting to feel like it’s adding up more and more.”
Well before the U.S. and Israel launched the war, many consumers already were being more choosy with their discretionary purchases, fatigued by several years of stubborn inflation and tariffs on imported goods imposed last year.
The U.S. Commerce Department reported last week that higher prices, not more purchases, accounted for most of the growth in Americans' spending in April, when a key inflation gauge reached the highest level since October 2023.
Members-only warehouse stores like Costco, Walmart's Sam's Club and BJ's Wholesale Club have seen more traffic at their fuel pumps since the war began in late February, according to the companies. Fuel typically costs less at the wholesale clubs.
But many drivers are not filling their tanks up, Walmart Chief Financial Officer John David Rainey told analysts late last month. For the first time since 2022, Walmart customers and Sam’s Club members are buying an average of less than 10 gallons per trip, he said.
“That’s an indication of stress,” Rainey said.
Costco members also are making changes. They are visiting store gas stations more frequently to “top up in between what would have normally been a gap between getting the tank to empty because of the concern about what might the gas price be tomorrow,” Chief Financial Officer Gary Millerchip said in late May.
Meanwhile, the gas price surge has hurt convenience stores, where 80% of all fuel is sold in the U.S., according to Jeff Lenard, a vice president at the National Association of Convenience Stores.
A sales analysis by the trade group found that the number of pump transactions at the properties of 130 convenience store companies fell by nearly 10% across March and April compared to the same two months last year. The number of sales inside the companies' stores dropped by 10.4%, according to the analysis.
“When you lose gallons to the big box, you also lose in-store sales," Lenard said.
Higher gas prices did not stop many Americans from dining out in the first two months of the war with Iran. Tax refunds helped, the National Restaurant Association said. Customer traffic at U.S. restaurants in April was unchanged from the same month last year, although a 2.6% increase in restaurant spending resulted largely from higher menu prices, according to market research firm Circana.
But cracks are starting to form as budget-conscious U.S. residents shoulder the combined weight of paying more for gas and other consumer goods on top of increasing costs in other areas from inflation past and present.
The price of gas won't help bring customers with household incomes of $45,000 or less back to U.S. fast-food restaurants, McDonald’s Chairman and CEO Chris Kempczinski said last month. People in that income group began scaling back their fast-food purchases after the period of inflation that accompanied the end of the COVID-19 pandemic, and the trend picked up speed last year.
U.S.-based restaurant consulting firm Revenue Management Solutions analyzed 14.6 billion restaurant transactions from the last four years and found that as gasoline gets more expensive, restaurant visits gradually decline, according to Chief Research Officer Sebastián Fernandez. The analysis indicated the impact doubles when gas hits the $4 mark, which it did as a nationwide average on March 31.
Consumers also are making concessions when they shop for groceries, according to Stew Leonard, president of an eight-store supermarket chain his father founded, Stew Leonard's. He's noticed customers buying meat in bulk to freeze and being less tempted to buy the products showcased during live food demonstrations or offered for sampling.
“It's telling me that people are sticking more to their shopping list,” Leonard said.
Dollar General CEO Todd Vasos also cited $4 a gallon gas as a tipping point that had more consumers with household incomes above $100,000 frequenting the discount chain. Vasos told analysts Tuesday that many of Dollar General's core shoppers, who have mid-to-low incomes and live in rural areas, were paring back their food spending.
Sophie Tolsdorf, 29, of La Grange, Kentucky, said she is one of the consumers stocking up on meat when the price is reasonable. She also switched to buying whole fruit instead pre-cut fruit in containers and cut back on the rawhide bones for her dog that cost $40 a pack.
“He might have noticed,” Tolsdorf said. "He's definitely a little bit bored during the workday now.”
Before the war, retailers had spent multiple earnings seasons highlighting consumer caution and selectivity as factors that could weigh on sales of nonessential products. Shoppers appear to have curbed their discretionary spending even more as the cost of buying gas went up, said Marshal Cohen, chief retail advisor at Circana.
Between April 25 and May 23, U.S. retailers sold 6% fewer non-grocery products than they did during the comparable four-week period of 2025, Cohen said. Housewares, clothing, footwear and sports equipment had the biggest declines, anywhere from 5% to 7%. Circana reported that toys and beauty items remained bright spots, registering at least an 8% increase in the number of units sold.
Location intelligence company Placer.ai, which tracks people's movements based on cellphone usage, saw visits to the gas stations of BJ’s, Costco and Sam’s Club stores start to accelerate in early March, aligning with a sharp rise in fuel prices, according to R.J. Hottovy, the company's head of analytical research.
By early May, Placer.ai's data showed four consecutive weeks of reduced foot traffic at clothing, electronics and home furnishing stores, and more trips to grocery stores and dollar stores.
“Consumers are prioritizing value-oriented retailers like warehouse clubs, superstores, and off-price chains," Hottovy said.
AP Food Writer Dee-Ann Durbin in Detroit contributed to the report.
FILE - "Buy one Get one" sign is displayed on a product at a grocery store in Schaumburg, Ill., Thursday, May 14, 2026. (AP Photo/Nam Y. Huh, File)
FILE - A customer prepares to pump diesel fuel at this Madison, Miss., Sam's Club, Tuesday, May 24, 2022. (AP Photo/Rogelio V. Solis, File)
A sticker of President Donald J. Trump points to the electronically-posted prices for a gallon of regular or regular plus gasoline available at a Conoco station Saturday, May 30, 2026, in Denver. (AP Photo/David Zalubowski)
A motorist fills up the tank of a vehicle at a Conoco gasoline station Saturday, May 30, 2026, in Denver. (AP Photo/David Zalubowski)
