Waabi secures $1 billion to advance Physical AI Platform
The funding will fuel the continued advancement of Waabi’s Physical AI Platform, further accelerate the Canadian company’s commercial progress in autonomous trucking, and support its expansion into robotaxis.
Metlen expands green energy footprint in UK, Ireland, Italy
In the UK, Metlen secured a new EPC contract with Elgin for the 24.5 MW Maesmawr solar park. In Ireland, Metlen signed a new EPC contract for a solar project in County Louth. In Italy, it signed a 7-year physical Tolling Agreement for a 25MW BESS in Apulia region.
BAE-linked teams win contracts for Link 16 radios and Typhoon AESA radar
BAE Systems-linked teams have been awarded two defence electronics contracts covering tactical radio systems and fighter radar production, according to information published on the companies’ official channels. The awards include a U.S. Navy contract for Link 16-enabled MIDS JTRS radio terminals and a UK Ministry of Defence order for ECRS Mk2 AESA radars for the Royal Air Force’s Eurofighter Typhoon fleet.
NASA launches Athena — its most powerful supercomputer
Housed in the Modular Supercomputing Facility at NASA’s Ames Research Center in California, Athena delivers more computing power than any other NASA system, surpassing the capabilities of its predecessors, Aitken and Pleiades, in power and efficiency.
Aegis completes acquisition of simulation software provider Simio
Aegis Software has completed the acquisition of Simio, a provider of digital twin simulation and advanced planning and scheduling (APS) software. The transaction brings together manufacturing execution and operations software with simulation-based planning and scenario modelling capabilities.
Samara raises $10M to accelerate spacecraft production
The funding will allow the US company to scale operations within its new 11,200-square-foot production facility, adding staff and equipment to increase manufacturing capacity and shorten delivery timelines for future missions.
terralayr announces €192 million equity raise
The funding will enable terralayr to further grow its grid-scale battery storage portfolio in Germany, while scaling the company’s LAYR flexibility-as-a-service platform.
SkyFi raises $12.7M to advance access to satellite imagery
The funds will accelerate product development and enhance SkyFi’s technology, including its platform’s user interface and analytical tools. The US company also plans to forge new partnerships with satellite operators to expand its data offerings and AI-enabled capabilities.
L-Charge raises $10M to fund new deployments and scale
The investment will support rapid growth in installations in the rideshare, last mile delivery, fleet segments and the expansion of US company L-Charge’s service and sales teams.
Aquila invests €5M in AI-based automation warehouse solution
A key element of the solution is the integration of AI-based vision systems, which identify products directly from images, without relying on labels or manual scanning, based on shape, color and visual characteristics.
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