Cetec ERP expands into larger office in Austin to boost growth
The new location, situated within a prominent Austin business complex, provides ample room for current operations and offers flexible space for future expansion as the company continues to scale.
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Siemens completes acquisition of ebm-papst’s industrial drive tech business
Integrating the new portfolio into the existing automation portfolio and leveraging Siemens' global sales network will open up new markets and significant business potential in the field of intelligent, battery-powered drive and robot solutions.
Green Aero bags $1.6M to advance development of next-gen engines
Indian deep tech startup Green Aero plans to commercialise its first small-category engine within the next 12 months, and lay the groundwork for its larger engine platform.
Nvidia CEO Huang meets Trump ahead of China visit
Though the agenda of the meeting was not immediately clear, Nvidia has been impacted by the export controls implemented by the Trump administration on its cutting-edge AI chips.
US startup Varda raises $187 million to make drugs in space
Due to the lack of gravity, materials such as the active pharmaceutical ingredients in medicines crystallize differently than they would on Earth, creating novel drug formulations that would otherwise be impossible.
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ROHM releases level 3 SPICE models with enhanced simulation speed
ROHM’s earlier Level 1 SPICE models for SiC MOSFETs addressed this need by precisely replicating key device characteristics. However, challenges such as simulation convergence issues and prolonged computation times revealed the need for further refinement.
Boeing wins $2.8B contract to enhance US strategic SATCOM capabilities
The ESS space vehicles will provide increased capacity, flexibility, reliability and resilience compared to the strategic communications satellites currently on orbit. Since 2020, Boeing has been executing technical maturation and risk reduction under a rapid prototyping contract for the US Space Force.
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Kepler wins $4 million defence contract to build satellite swarm
Indian space-tech startup Kepler Aerospace will receive government funding and access to launch infrastructure. The autonomous satellite swarm is being designed for the Defence Space Agency with an expected launch in 2027.
Delta to construct new regional headquarters in the Netherlands
Located in the Park 20|20 business campus, the state-of-the-art 9300-sqm facility in Hoofddorp is expected to be completed by the end of 2026 and will house over 350 employees in R&D, business development, management and more.
Daimler Truck to cut 5,000 jobs in Germany by 2030
The German vehicle manufacturer said the cuts are part of an efficiency drive to reduce recurring annual costs by over €1 billion by 2030. Daimler has about 35,500 employees in Germany.
Coco raises $80M to expand autonomous delivery, AI platform
The Los Angeles-based startup, which builds last-mile delivery robots, has already completed over 500,000 zero-emission deliveries across major US cities like Los Angeles, Chicago and Miami, as well as in Helsinki, its first European market.
GlobalFoundries to acquire MIPS to accelerate AI and compute capabilities
This strategic acquisition will expand GF’s portfolio of customizable IP offerings, allowing it to further differentiate its process technologies with IP and software capabilities.
Arrow launches Engineering Solutions Center in Bangalore
The newly established India ESC is designed to help innovators and technology manufacturers adopt advanced technologies such as edge computing, energy management, automation and e-mobility.
Arago raises $26M to slash AI energy consumption with new photonic chip
The heart of Arago's processor, codenamed “JEF,” is a proprietary photonic technology: instead of transistors, it uses lasers to process data with photons. The chip is designed to deliver 10× lower energy consumption than today’s leading GPUs at equivalent performance and cost.
Green’s new pump drive enhances efficiency in data center cooling
With the in-house development of a central infrastructure element for energy-efficient cooling, Green’s COO, Andrea Luigi Campomilla, is setting another milestone and driving forward the targeted optimization of the overall system.
Lockheed Martin delivers SPY-7 radar antennas to Japan
With advanced detection and tracking capabilities, SPY-7 effectively counters complex threats, enabling simultaneous engagement of multiple targets and delivering a robust 21st century security capability that enhances the effectiveness of naval forces in an increasingly uncertain and dynamic environment.
Singapore launches innovation hub for gallium nitride semiconductors
The centre brings advanced GaN manufacturing capabilities to Singapore, positioning local innovators to compete in high-growth global markets such as advanced 5G and 6G communication systems, radars and satellite communications.
e-STORAGE’s SolBank 3.0 passes Large-Scale Fire Testing
During the test, e-STORAGE’s SolBank 3.0 energy storage system showed no fire propagation to target units and successfully passed the LSFT, confirming the robustness of SolBank 3.0’s passive fire containment design.
Sthyr raises $1 million to advance zinc-air battery innovation
Indian startup Sthyr Energy is developing a mechanically rechargeable zinc-air battery system tailored for long-duration energy storage applications, including seasonal power supply and clean alternatives to traditional peaker plants.
Avnet announces Gilles Beltran as new President
Gilles Beltran joined Avnet Silica in 2002, bringing more than two decades of company-specific experience and know-how to this new role, including four years as President of Avnet Silica.
Toshiba develops tech to reduce losses in SiC trench MOSFETs, SiC SBDs
These advances are expected to greatly improve the reliability and efficiency of devices used in power conversion applications, such as electric vehicles and renewable energy systems.
BMW recalls over 70,000 EVs in US for power loss risk
According to the National Highway Transportation Safety Administration (NHTSA), the “electric drive motor software may shut down the high-voltage system, causing a loss of drive power."
US startup Impulse raises $300 million to enhance in-space mobility
With over 30 signed contracts and growing interest from every sector, Impulse will use the funding to scale and execute a backlog of missions that require faster, more flexible, and more cost-effective in-space mobility.
Incap Electronics UK achieves JOSCAR Zero accreditation
The accreditation builds on Incap UK’s existing membership in the JOSCAR (Joint Supply Chain Accreditation Register) community and aligns with growing ESG and carbon reporting expectations across the defence and aerospace sectors.
Kaga Toshiba and Himeji Semiconductor introduce off-site PPA model
Toshiba Devices & Storage Group is promoting measures to advance the achievement of carbon neutrality. It aims to achieve net-zero greenhouse gas emissions from all its manufacturing sites by fiscal year 2030.
Warp raises $10M to enhance AI-powered freight network with robotics
The new capital will fund the rapid expansion of Warp’s AI systems and the launch of its first fully robotic cross-dock, a flagship facility that automates the entire freight lifecycle from inbound receiving and dimensioning to smart sortation and outbound dispatch.
Synopsys confirms lifting of export restrictions to China
US design software company Synopsys has confirmed that the US Department of Commerce has rescinded recent export restrictions related to its business in China.
SkyWater Technology completes acquisition of Fab 25
By adding approximately 400,000 wafer starts per year in capacity, Fab 25 brings meaningful scale to SkyWater’s exclusively US-based, pure-play foundry operation and enables SkyWater to enhance its advanced technology services (ATS) offering by incorporating the site’s current capabilities.
Kalmar launches next-generation lithium-ion battery technology
Building on the success of its previous Li-ion solution, Kalmar’s Gen 2 battery technology has been developed to meet the growing demands of customers seeking safer, more efficient and more sustainable cargo-handling solutions.
Indian startup Maieutic raises $4.15 million in seed funding
Maieutic’s platform addresses a traditionally slow and manual domain of semiconductor design by applying generative AI to automate early-stage development, detect bugs and optimize design trade-offs.
Microsoft to lay off 9,000 workers in latest rounds of cuts
The tech giant said several divisions would be impacted without giving specifics. This is the fourth round of lay-offs this year. In May, Microsoft said it would slash 6,000 jobs.
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