ELIgnite awarded €5M to boost deep-tech innovation in Europe
ELIgnite, a new Horizon Europe project coordinated by the Extreme Light Infrastructure ERIC (ELI), will streamline access to advanced laser facilities, making it easier for researchers to discover, apply for, and use ELI’s capabilities.
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SCHMID reports order intake of €30.7 million for second quarter
Germany’s SCHMID Group reported revenues of EUR 27.7 million for the second quarter ended June 30, 2026. For the full-year 2026, management maintains the guidance of more than EUR 100 million in revenues.
India approves $13.3 billion for fresh semiconductor push
Companies involved in the manufacturing and R&D of the machines and manufacturing of materials, chemicals and gases that are essential for manufacturing semiconductors will be incentivized.
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Connector Technology at the Core of Ground Vehicle Modernization
Ground combat vehicles are rapidly evolving from fixed-function platforms into modular, software-defined systems. This shift demands interconnect solutions that support continuous upgrades without requiring redesigns of wiring infrastructure. Scalable, high-reliability connectors, particularly those based on MIL-DTL-38999, are central to enabling this transformation.
Venus Aerospace raises $91 million to advance high-thrust RDRE
The round will fund Venus as the Texas-based company scales development and production, moving its RDRE propulsion system from successful flight demonstration toward deployment for a range of near-term defense and space applications.
esmo marks 25 years, expands in Germany, China and Taiwan
Today, the esmo Group employs approximately 285 people and generates annual revenue of around EUR 60 million through its two business divisions: semiconductor test solutions and special-purpose machinery.
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Hanza optimizes its manufacturing cluster in Finland
As part of this review, Hanza has transferred certain operations from its Finnish facilities in Nivala and Sievi to Hanza’s larger and more scalable production facility in Oulainen, Finland.
Agility Robotics to go public through merger with Churchill Capital
Upon closing of the transaction, the combined company is expected to operate as Agility and be listed on a North American exchange. Agility Robotics is now preparing for the commercial launch of Digit v5, its next-generation humanoid robot.
QD raises €91 million to scale next-generation chip inspection
Founded in 2022 as a spin-out of the Technical University of Munich, QuantumDiamonds (QD) will use the funding to deliver lab systems to leading chipmakers and advance wafer-level capabilities for high-throughput fab inspection.
Wolfspeed files patent infringement lawsuit against Navitas
Products accused of infringement encompass major product lines of Navitas, including its GaN-based FETs — such as the GaNFast, GaNSlim, and GaNSafe product families — as well as Navitas's GeneSiC MOSFETs and SiCPAK modules. Navitas has refuted the allegations.
Six Robotics raises €12M to scale autonomy for unmanned systems
Norwegian startup Six Robotics is developing an autonomy platform that enables multiple unmanned systems to operate together, adapting in real time to complex and contested environments.
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