Sarla Aviation to invest $145M in 500-acre eVTOL facility
Once operational, the giga campus will become India’s first fully integrated ecosystem for eVTOL manufacturing, flight testing, certification, training, and maintenance. The facility will have the capacity to produce up to 1,000 aircraft every year.
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Nokia partners with NestAI; NestAI raises €100 million for physical AI development
Nokia and the European AI lab NestAI have launched a strategic partnership to develop AI-based defence solutions. In connection with the collaboration, Nokia and the Finnish state fund Tesi are investing a total of EUR 100 million in NestAI.
Productware modernises SMT production with Fuji systems
For EMS provider Productware GmbH, outdated placement equipment had become a bottleneck in production. To address this challenge, the company decided to modernise its machinery.
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Kitron to acquire DeltaNordic, expanding Its defence electronics business
Norway’s Kitron has agreed to acquire the Swedish electronics manufacturer DeltaNordic AB, marking a significant expansion of its presence in the defence sector and its footprint in the Swedish market.
India’s Titan Intech to invest $28M in electronics facility
Titan Intech signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to set up an Integrated Display Electronics Manufacturing Facility in the state’s Amaravati Capital Region.
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Kratos relocates Jerusalem Microwave Electronics Division
Kratos Defense & Security Solutions has opened a new facility for its Microwave Electronics Division (MED) in Jerusalem, relocating the division’s operations to a purpose-built site within the Gav Yam Group high-tech complex near the Hebrew University of Jerusalem.
Zollner's Enfidha site achieves ISO 14001 certification
German EMS provider Zollner Elektronik AG has announced that its Enfidha site in Tunisia has achieved initial certification under ISO 14001:2015.
Nissan to trim Kyushu production again as chips run short
Nissan Motor will scale back production at its Kyushu plant for a second consecutive week as supply disruptions connected to Nexperia continue to ripple through its operations, according to a Reuters report.
Cicor revises TT Electronics offer
Swiss EMS provider Cicor Technologies has increased its offer for UK-based TT Electronics Plc, introducing a final all-cash bid of 150 pence per share while retaining a share alternative. The revised proposal has been unanimously supported by the board of TT Electronics.
Kontron Initiates squeeze-out of Katek SE minority shareholders
Kontron Acquisition GmbH, an indirect wholly owned subsidiary of Kontron AG, has announced plans to squeeze out the remaining minority shareholders of KATEK SE, under German stock corporation law.
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