Vietjet Air expands contract with RTX’s Collins Aerospace
Under the expanded contract, FlightSense, a full-lifecycle support program powered by Collins’ Ascentia analytics platform, will deliver guaranteed component availability, reduced downtime and cost predictability.
India’s Larsen & Toubro wins EPC orders worth over $1 billion
In Saudi Arabia, the Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has won Engineering, Procurement and Construction (EPC) orders in the 380 kV transmission and substation segments.
GlobalFoundries to operate two Japan-funded fabs in New York
GlobalFoundries has been selected to operate two new fabs at its site in Malta, New York, financed by Japan through up to USD 21 billion under the US-Japan trade agreement. In a separate agreement, the US government will also take an equity stake of around 4% in the company.
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Comrod acquires TransOpto to add optical links to its defence portfolio
Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication that is harder to detect.
Bosch sets up €100 million fund for German deep-tech startups
Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.
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Poland seeks to seize opportunities in Europe’s semiconductor sector
Poland’s semiconductor market could grow from USD 5.1 billion in 2025 to USD 23.7 billion by 2035. A report by Bank Gospodarstwa Krajowego (BGK), Poland’s state development bank, also identifies opportunities for the domestic sector not in building chip fabrication plants, but in developing integrated circuit design, power electronics, photonics, and semiconductor assembly and testing technologies. The outlook for an industry that is becoming increasingly important to European manufacturing will also be discussed at Evertiq Expo in Warsaw, scheduled for 22 October at PGE Narodowy Stadium.
Kontron moves VPX board production to Huntsville
Kontron has started US production of its rugged VX307H computing board at subsidiary Nextek in Huntsville, Alabama. At the same time, the product moves from build-to-order to build-to-stock, to shorten delivery times for US defence customers.
Hyundai Motor Group plans $15.5 billion investment in India
The seven-year investment spans manufacturing expansion, R&D infrastructure development, local supplier cultivation for parts localization and future technology innovation.
Edge, Hanwha strengthen cooperation on integrated air defence
The two companies signed a Term Sheet outlining the direction of cooperation related to the UAE’s integrated air defence requirements, including the South Korean L-SAM system, additional M-SAM capabilities, and the Chunmoo MRLS.
Jabil and Adani plan 50:50 joint venture for AI hardware in India
Jabil and Adani Enterprises have signed a non-binding memorandum of understanding to form a joint venture that would manufacture AI racks, servers and data centre equipment in India. The companies are aiming for a manufacturing capacity of several gigawatts.
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Evertiq is looking for a Sales Specialist in Poland
We are looking for a Sales Specialist who enjoys talking to people, building relationships and opening new doors. You don't need years of experience in B2B sales – what matters to us is that you are proactive, comfortable reaching out to new people and don't give up easily. You will work with companies across the electronics industry, helping them promote their business through advertising on Evertiq and participation in our industry events, while gradually building your own customer portfolio. We are looking for someone who wants to grow with us, learn the industry and actively contribute to Evertiq's development.
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