Poseidon raises $60 million to build unmanned cargo aircraft
The funds will be used to bring Poseidon’s initial full-scale aircraft through its flight-test campaign, establish and scale the company’s first production line, expand its engineering and operations teams, and continue delivering to commercial logistics and defense customers.
Mitsubishi Electric invests in quantum computing startup OptQC
Through this investment, Mitsubishi Electric expects to gain early insights into the company’s optical quantum computer hardware development technologies, related components, customers and market trends.
Siemens partners with Battery-NY to advance battery production
Battery-NY has adopted Siemens automation across much of its principal production-equipment landscape and is using the Siemens Battery Automation Framework as a standardization reference.
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DOES THE QUALITY CONTROL SYSTEM ALWAYS REQUIRE A SMART CAMERA?
Automatic quality control was once associated with costly smart cameras and elaborate vision systems. Today, the development of artificial intelligence and compact embedded platforms means that many AI Vision Inspection applications can be implemented much more simply. How does modern quality control using AI work and where is it best to start your own project?
Alps Electric EMS achieves ISO 13485 certification
The certification supports Alps Electric EMS' manufacture of medical devices and reflects the company's commitment to robust quality systems, full traceability, documentation and risk management, the company said.
Thales, India’s KSSL sign agreement for 70-mm rocket systems
Thales will leverage its partnership with India and contribute its expertise in 70-mm rockets and launchers developed in Belgium, while KSSL will utilise its local manufacturing and testing facilities to support production and integration of components from Thales’ supply chain.
Tavoron acquires Power Motion to expand automation capabilities
By incorporating Power Motion’s product offering, systems integration capabilities, and technical experience, Tavoron further enhances its ability to serve OEMs, manufacturers, and industrial facilities seeking modernized, efficient production systems.
Mareike Haass – Europe's top 100 EMS companies unveiled
Analytics firm in4ma is publishing its first dedicated ranking of Europe's 100 largest EMS companies, built on a new database with figures going back to 2020. Around 85% of all data was sourced directly from national company registers and from the companies themselves. The ranking will be presented at Evertiq Expo Gothenburg on September 17 by Dr. Mareike Haass.
Fortaegis raises $50M to accelerate deployment of secure compute
The investment will enable the Dutch company to scale production and commercial deployment of its FPGA products across the United States, Europe, Singapore and Japan and to advance the ASIC roadmap, while growing its engineering and commercial capacity.
Report: Kioxia considering $10 billion US listing in 2027
The Tokyo-based memory-storage maker has been speaking with lenders such as Bank of America, Goldman Sachs Group and JPMorgan Chase on an offering that could take place in 2027, Bloomberg reports.
LS Electric signs $34M supply contract with Bloom Energy in US
Under this contract, the South Korean company will supply a full set of key distribution systems for the power infrastructure construction project of a hyperscale data center being developed in Wyoming by Bloom Energy for a local energy infrastructure firm.
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