Alva secures €16 million to scale electric motor technology
The financing supports the Norwegian deep-tech company’s expanding manufacturing capacity, development of its product portfolio and international growth as demand accelerates for compact, high-performance electric motors.
Garuda, Micron Instruments to co-develop defence drones
The two Indian companies will leverage their combined expertise in advanced manufacturing, defence engineering and innovation to build next-gen indigenous defence solutions, including loitering munitions, payload-enabled UAVs and advanced unmanned systems.
Avangrid to build 41 MW battery storage facility in Oregon
Shutler Energy Storage will be located near two existing Avangrid facilities, and a third under construction one. The project will function as a large power bank, capable of discharging 41 MW for two hours.
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Connector Technology at the Core of Ground Vehicle Modernization
Ground combat vehicles are rapidly evolving from fixed-function platforms into modular, software-defined systems. This shift demands interconnect solutions that support continuous upgrades without requiring redesigns of wiring infrastructure. Scalable, high-reliability connectors, particularly those based on MIL-DTL-38999, are central to enabling this transformation.
Boeing wins $2 billion contract for communications satellites
The US Space Force contract award for Mobile User Objective System Service Life Extension (MUOS SLE) includes two narrowband communications satellites that prioritize reliable voice and essential data.
1Finity signs MOU with Accton for manufacturing collaboration
Through this collaboration, the Fujitsu Group aims to enhance its global customer offerings by combining 1Finity’s expertise in developing, manufacturing, and selling optical transmission and wireless base station equipment with Accton’s advanced network technologies.
Gremsy partners with FPT to boost UAV, robotics adoption in Japan
As Gremsy’s global Strategic Partner and Certified Distributor, FPT will leverage its Japan market presence, regional delivery network and clientele to support Gremsy’s expansion in Japan and broader global distribution strategy.
Quantum Systems raises $1.2 billion to advance uncrewed systems
The round co-led by Blackstone, Noteus, Airbus and Advent supports Quantum Systems’ industrial scale-up as a leading deep-tech prime for interoperable, multi-domain autonomous capabilities in Europe.
Micron and General Motors sign long-term memory supply agreement
Micron Technology and General Motors have signed a Strategic Customer Agreement to secure a long-term, reliable supply of memory and storage products for GM's vehicle production. The agreement covers LPDRAM, NOR and UFS NAND products, according to a press release from Micron.
Air Liquide invests over $170M to back SK hynix’s US fab
Air Liquide will deliver large volumes of nitrogen, oxygen, argon, hydrogen and other industrial gases to SK hynix’s new cutting-edge advanced chips packaging facility.
Sicona gets $45M grant to open battery materials production facility
The ARENA grant will be delivered under the Australian government’s Battery Breakthrough Initiative, which supports the growth of domestic battery manufacturing capability and strengthens Australia’s position in the global battery supply chain.
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