STOCK TITAN

Intertek Group - IKTSY STOCK NEWS

Welcome to our dedicated page for Intertek Group news (Ticker: IKTSY), a resource for investors and traders seeking the latest updates and insights on Intertek Group stock.

Intertek Group UNSP/ADR (symbol: IKTSY) is an industry leader in total quality assurance with a global presence in over 100 countries and 1,000 locations. The company offers expertise in various services 24/7, emphasizing customer-centric culture and industry-winning processes. Intertek recently awarded Midea the world's first HP Cold-resistant certificate for its innovative heat pump product, marking a significant milestone in the collaboration between the two companies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.59%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
none
-
Rhea-AI Summary

Intertek, a leading Total Quality Assurance provider, has been accredited by the International Accreditors for Continuing Education and Training (IACET) to offer continuing education unit (CEU) training courses. Beginning in Q2 2023, the Electrical team will deliver specialized courses for engineers across various industries, helping them earn CEU credits. The inaugural course, 'Custom Panels for Hazardous Locations,' will be led by Zaneer Iqbal in Plano, Texas. Additional courses are planned, focusing on safety certifications and EV charging. This accreditation aligns with Intertek's mission to provide training solutions that support global compliance and certification needs. IACET emphasizes the importance of this accreditation in promoting training values within the compliance industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
Rhea-AI Summary

Intertek has completed the world’s first evaluation of radio equipment for emergency services under the NFPA 1802 Standard. This certification, issued by the Safety Equipment Institute, marks a significant milestone for emergency response communication. The NFPA 1802 standard provides essential performance requirements for radios and microphones used by firefighters and hazmat teams in hazardous environments. The testing ensures that these devices remain functional under extreme conditions. Intertek’s certification enhances the reliability of communication tools critical for emergency operations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
none
-
Rhea-AI Summary

Intertek has awarded UL 9540A certification to Powin LLC for its Stack750™ lithium battery energy storage system, facilitating its entry into the international market. This certification confirms the system's compliance with high fire protection and safety standards. The Stack750™, a modular energy solution, boasts a 20-year performance warranty and enhanced energy density, thermal performance, and reduced installation costs. Powin aims to supply over 10,000 MWh of energy storage systems globally within three years, having already delivered 2,500 MWh across eight countries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
none
-
Rhea-AI Summary

Intertek has entered a multi-year agreement with the OpenSSL Management Committee (OMC) for FIPS 140-2 certification services for OpenSSL software, which is crucial for securing communications in various industries. The agreement allows Intertek Acumen Security to serve as the lab of record for the rebranding of OpenSSL v3.0 until September 2026. This validation is vital for vendors in the U.S. and internationally, particularly in healthcare and finance sectors. Tim Corcoran, Vice President at Intertek, emphasized their expertise in this certification process.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
Rhea-AI Summary

Intertek expands its Transportation Technologies lab in Plymouth, Michigan, enhancing services for electric vehicle (EV) and electric vehicle supply equipment (EVSE) testing. This aligns with President Biden's goal for half of new vehicles in the U.S. to be zero-emissions by 2030. The facility now spans 200,000 square feet, making it one of the largest testing laboratories in North America, featuring advanced testing capabilities such as a 55,000 lbf shaker and 1200V battery cycler. This expansion supports automotive OEMs and Tier Suppliers as consumer demand for EVs surges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
none
-
Rhea-AI Summary

Intertek, a Total Quality Assurance provider, has expanded its 5G assurance, testing, and certification services in East Asia. The company’s Taiwan lab is now an approved PTCRB Associate Test Laboratory for 5G and IoT devices, enhancing its support for manufacturers aiming for North American market approvals. This investment in testing capabilities allows for local pre-testing, quick product launches, and compliance with U.S. network operator requirements. The expansion showcases Intertek's commitment to facilitating the rapid development and deployment of innovative mobile technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
none
-
Rhea-AI Summary

Intertek has been accredited as a third-party testing lab by the Treestand Manufacturer’s Association to promote treestand safety in the hunting industry. Located in Cortland, N.Y., it is one of two designated labs for testing treestands and associated safety equipment. Intertek's selection is attributed to its compliance with ASTM safety standards and its active involvement in developing safety performance standards. This partnership enhances Intertek's reputation as a leader in safety solutions for hunting equipment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
none
Rhea-AI Summary

Intertek has issued its first UL 2900-2-1 certification to NuVasive for its Pulse technology platform, which enhances spine surgeries. This certification assesses the cybersecurity risks of medical devices. The award reflects Intertek’s expertise in UL 2900 standards, supporting clients in mitigating security flaws and regulatory compliance. Tony Walker, Global VP of Connected World, emphasized the importance of this certification in ensuring the safety of connected medical products. With over 30 years in cybersecurity, Intertek continues to broaden its service offerings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
none

FAQ

What is the current stock price of Intertek Group (IKTSY)?

The current stock price of Intertek Group (IKTSY) is $64.55 as of February 28, 2025.

What is the market cap of Intertek Group (IKTSY)?

The market cap of Intertek Group (IKTSY) is approximately 9.8B.

What does Intertek Group UNSP/ADR do?

Intertek is a global leader in total quality assurance services with a focus on customer satisfaction and industry-leading processes.

How many countries does Intertek operate in?

Intertek operates in over 100 countries worldwide.

What recent achievement did Intertek have with Midea?

Intertek awarded Midea the world's first HP Cold-resistant certificate for its innovative heat pump product.

Why is the collaboration between Intertek and Midea significant?

The collaboration highlights the capabilities of both companies in the HVAC and refrigeration equipment sector.

What is the core business of Intertek Group UNSP/ADR?

Intertek's core business is to provide total quality assurance services across various industries.

What sets Intertek apart from other companies in the industry?

Intertek stands out for its customer-centric culture and industry-winning processes.

How does Intertek ensure the quality of its services?

Intertek delivers Total Quality Assurance expertise 24/7 through reliable professional knowledge and worldwide service experience.

What is the significance of the HP Cold-resistant certificate awarded by Intertek?

The certificate emphasizes the superior performance of the heat pump in ultra-low temperatures, targeting cold regions in Europe and North America.

Who is Mr. Klaus Jürgen Herrmann?

Mr. Klaus Jürgen Herrmann is the Chief Certification Manager of Intertek Electrical China and played a key role in the certification project with Midea.

How does Intertek contribute to technological innovation in the HVAC sector?

Intertek collaborates with companies like Midea to drive scientific and technological innovation in HVAC and refrigeration equipment through complementary advantages in technology and resources.
Intertek Group

OTC:IKTSY

IKTSY Rankings

IKTSY Stock Data

9.80B
161.39M
0%
Specialty Business Services
Industrials
Link
United Kingdom
London