Volvo Cars to consolidate Polestar 3 production in the US
Volvo Cars and Polestar plan to consolidate global production of the Polestar 3 at Volvo Cars' manufacturing plant in Ridgeville, South Carolina, shifting output away from its current dual-production setup that also includes Chengdu, China.
Videoton strengthens US manufacturing footprint through Limtronik integration
Hungarian EMS provider Videoton Group is stepping up international integration efforts following the acquisition of German electronics manufacturer Limtronik GmbH in 2025, with a particular focus on expanding capabilities in the United States.
Icape reports 12% revenue growth in 2025, net result impacted by asset review
French PCB distributor Icape Group has reported consolidated revenue of EUR 200.3 million for the full year 2025, marking a 12% increase YoY. Organic growth, excluding currency effects, reached 5.1%, as exchange rate fluctuations – particularly a weaker US dollar – continued to weigh on performance.
Kongsberg expands operations in Norway
Norwegian defence company Kongsberg is hiring approximately 30 engineers in Fredrikstad, and establishing a presence in the city for the first time.
Cochin Shipyard, HBL advance e-mobility for maritime sector
The collaboration will focus on the development of advanced marine batteries, battery management systems, electric motors, power electronics and charging infrastructure. The JV aims to cater to both Indian and international markets.
TI unveils high-performance isolated power modules
The UCC34141-Q1 and UCC33420 isolated power modules leverage Texas Instruments’s IsoShield technology, a multichip packaging solution that achieves up to three times higher power density than discrete solutions in isolated power designs.
Alliance University, QpiAI establish quantum computing centre
The centre is expected to serve startups, multinational technology companies, academic researchers, and members of the defence and aerospace sectors located in and around Bengaluru.
Swissto12 to build GEO satellite for Space Compass
This agreement represents a milestone for Space Compass’s optical data relay service. For Swissto12, the contract represents further validation of the company’s ability to unlock a wide range of space missions with its small GEO satellite platform.
Shield AI raises $2 billion, acquires Aechelon Technology
Aechelon’s technology is used by the US military and allies to train pilots and test advanced aircraft and autonomous systems before live flight, and supports a range of critical national security platforms.
Indian EV maker Euler Motors raises $47 million
The fresh funding will be used to expand the product line and manufacturing capacity, scale the company’s network across India, and boost the foundation for market share growth in the commercial EV segment.
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