SPHERE AX partners with Blaize to advance edge AI computing
US firm Blaize and South Korean company SPHERE AX plan to develop a next-generation physical AI solution targeted at the global market by combining Blaize’s AI semiconductor technology, optimized for physical AI, with SPHERE AX’s core software expertise.
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Waaree secures $17 million order for medium voltage skids
The 8.3 MVA MV skid is a plug-and-play, containerised solution developed by Waaree Transpower specifically for BESS applications. The complete solution is integrated within a 20-foot container, enabling efficient transportation, installation and deployment.
BAE Systems, TUALCOM to collaborate on autonomous technologies
The agreement between BAE Systems and TUALCOM establishes a strategic framework for both organisations to investigate opportunities to integrate advanced communications, resilient navigation and electronic warfare technologies into future autonomous platforms.
Heron plans $100M factory for next-gen power electronics in US
Heron Power has selected Morgan Hill, California as the home of its first large-scale factory and expects to add more than 600 jobs in advanced manufacturing, engineering and operations roles in California.
US space tech startup Array Labs raises $21 million
The investment round was anchored by Mitsubishi Electric Corporation. Array Labs and Mitsubishi Electric have also entered into a partnership to develop and bring to market satellite-based maritime and aircraft tracking services for customers in Asia-Pacific.
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Indian electric mobility startup Yulu secures $93 million
The proceeds will be deployed to quadruple Yulu’s active fleet, expand service hubs and deepen strategic enterprise partnerships. The Bengaluru‑based startup also plans to launch an electric scooter targeting e-commerce logistics, bike taxis and parcel delivery.
NXP breaks ground on assembly and test factory in Malaysia
Adding approximately 500,000 square feet of production space, the facility will expand NXP’s current operations in Malaysia, which are dedicated to supporting the assembly and testing of NXP’s broad product portfolio.
Quantinuum, Oracle to advance hybrid quantum compute adoption
With Quantinuum’s Helios on OCI, customers can expect to gain managed, secure access to cloud-hosted quantum computing without having to procure, install, or operate dedicated hardware or specialized facilities.
UK air defence firm Cambridge Aerospace raises $300 million
The round will support Cambridge Aerospace’s continued exponential growth as the company expands manufacturing capabilities to deliver on existing and new contracts, while continuing to invest in the spiral development of existing products and bringing the next generation of capabilities to market.
Tokyo Electron, Nvidia expand collaboration for agentic AI, robotics
Tokyo Electron (TEL) is collaborating with Nvidia, utilizing Nvidia Agent Toolkit including Nvidia NeMo, Nvidia NIM, Nvidia NemoClaw blueprints and the open robot development platform Nvidia Isaac within TEL’s “Epsira” concept for digital transformation (DX) solutions.
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