Gander raises $1.1 million to build search and rescue robots
Current rescue protocols depend on human reaction time, visual searches and manual deployment of rescue swimmers, a process measured in minutes or hours when every second counts. Gander Robotics’ Autonomous Rescue Swimmer (ARS) is designed to change that equation.
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German startup Peak Quantum raises €2.2 million
This brings the company’s total funding to more than EUR 5 million. The funds will be used to further develop the technology and to establish a European pilot production facility for superconducting quantum processors.
Eurofins to divest electronics testing unit for €575 million
Eurofins Scientific SE has signed an agreement to sell its Electrical & Electronic Testing business, MET Labs, to UL Solutions Inc. for an enterprise value of EUR 575 million on a cash- and debt-free basis.
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Indian supply chain firm Val-Met secures $21 million
Val-Met Engineering is focused on aerospace, defence and space-grade raw materials. It plans to utilise the funding to boost its sourcing network, expand inventory capabilities, and enhance technological and processing infrastructure.
Hitachi Rail announces agreement to acquire Clever Devices
Clever Devices’ portfolio of onboard and centralized data solutions will complement Hitachi Rail’s HMAX Mobility suite. HMAX Mobility is Hitachi Rail’s digital asset management platform that optimizes the performance of railways around the world.
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Japan approves extra $4 billion for chipmaker Rapidus
Established in 2022, Rapidus has secured funding from both the public and private sectors. It is aiming to mass-produce cutting-edge chips using 2-nanometer technology by 2027.
Agile closes acquisition of thyssenkrupp Automation Engineering
thyssenkrupp Automation Engineering will continue as Krause Automation as part of Agile Robots. The acquisition combines Agile’s AI-powered automation solutions with the engineering and implementation expertise of Krause Automation.
Monarch raises $55M to advance quantum photonics
The funding will accelerate production of the US company’s Quantum Light Engines, photonic control systems for quantum computing, sensing and networking, while supporting scale-up, supply chain expansion and global partnerships.
SiFive raises $400M to accelerate RISC-V data center solutions
This financing will enable the California-based semiconductor company to accelerate the development of its next generation data center solutions and expand its global engineering teams to meet the needs of agentic AI workloads.
IQM to deploy 54-qubit quantum computer at Poland’s Galaxy
The system, which will be installed at Galaxy Systemy Informatyczne’s headquarters in Zielona Góra later this year, will enable Galaxy to execute quantum algorithms across various application areas.
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