static static syntax in typescript code example

Example 1: typescript static class equivalent

//Example of Typescript static class equivalent
export abstract class Tools {   
  public static truncate(str, length) { 
    var ending = '...'; 
    if (str.length > length) { 
      return str.substring(0, length - ending.length) + ending; 
    } else { 
      return str; 
    } 
  }; 
}

Example 2: react static typescript properties

const PanelComponent: React.FC<Props> = (props) => {
 ...
}

export const Panel = Object.assign(PanelComponent, { PanelFieldset })