Altilium secures $1.3M to advance circular EV battery supply chain
The funding will fast-track the development of a functioning prototype designed specifically for safe, sustainable and cost-efficient collection and transportation of large volumes of end-of-life EV batteries, supporting the development of a circular economy for EV batteries in the UK.
GovSat orders defence telecom satellite from Thales Alenia Space
Operating in X, Ka and UHF frequency bands, the satellite will provide secure and jam-resistant telecommunications services for the Luxembourg defence as well as for its partners. The satellite will be built on Thales Alenia Space’s Spacebus 4000B2 platform.
Asylon secures $24 million to enhance automated security
This new capital will power Asylon’s next phase of growth—accelerating product innovation, scaling deployments, and expanding its position as the go-to provider of robotic security services across commercial and government sectors.
Schneider Electric to take full ownership of India unit for €5.5 billion
Schneider Electric will acquire the remaining 35% of Schneider Electric India Private Limited (SEIPL) from Temasek for an all-cash consideration of €5.5 billion. This transaction represents the next step in Schneider’s strategic investment focus on India.
Teramount raises $50M to advance optical connectivity solutions for AI
Israeli company Teramount’s TeraVerse solution is a detachable, serviceable connector that links optical fibers coming from outside the rack to the silicon photonics chips inside Co-Packaged Optics (CPO) systems.
SES AI acquires ESS provider UZ Energy for $25 million
SES AI Corporation is a US-based developer and manufacturer of AI-enhanced Li-Metal and Li-ion batteries. Headquartered in China, UZ Energy specializes in designing and manufacturing energy storage systems (ESS) products for commercial and industrial applications.
KISTI begins construction of South Korea’s 6th national supercomputer
Korea Institute of Science and Technology Information (KISTI) has signed a USD 275 million contract with HPE for construction of the supercomputer, which will support R&D in high-precision scientific and engineering simulations as well as large-scale AI.
Musashi’s new India hub to focus on energy storage, e-mobility
Musashi will conduct research and development and prototyping activities in the Bengaluru centre, with a focus on developing next-generation energy storage systems and accelerating localisation in e-mobility technologies.
US firm Nextracker launches new AI and robotics business
The launch of Nextracker’s new AI and robotics business initiative is anchored by the appointment of its first chief AI and robotics officer and a series of strategic technology acquisitions.
EIF invests €30 million to boost quantum tech, deep physics
The European Investment Fund (EIF) has announced an investment in Quantonation II, a French early-stage venture capital fund dedicated to deep physics and quantum technologies.
Augmentus raises $11M to advance robotic surface finishing, welding
The funds will be used to accelerate regional deployment of its fully autonomous robotic surface finishing and welding systems, fulfill demand from marquee manufacturing customers, and advance R&D into hyper-adaptive, AI-driven robotic systems built for the factory floor.
Tata Power signs 120 MWh BESS agreement with NHPC
The project will help address peak power demand, enhance grid flexibility and enable seamless integration of renewable energy in the southern Indian state of Kerala.
Semiconductors get magnetic boost with new method from UCLA researchers
The investigators demonstrated the ability to produce semiconductor materials containing up to 50% magnetic atoms, whereas current methods are often limited to a concentration of magnetic atoms no greater than 5%.
Denmark buys four MQ-9B SkyGuardians from GA-ASI
The platform provides pole-to-pole satellite control and de-icing capabilities to enable missions in the harsh conditions of the Arctic in support of Denmark and its NATO Allies.
Safran finalises acquisition of Collins flight controls business
The acquired business employs approximately 4,000 people across eight main facilities in Europe (UK, Italy and France) and Asia, and has activities in Poland, USA and India.
India’s TCS to cut 12,000 jobs as it seeks to become ‘future-ready’
As of June 2025, TCS had over 610,000 employees worldwide. The latest job cuts, amounting to about 2% of its workforce, will affect mid-level and senior executives.
Bonsai Robotics acquires farm-ng to enhance autonomous farming
The integration of Bonsai’s high-performance autonomous AI technology with farm-ng’s customizable robotic platform allows for an offering of AI-first machines that can transform crop management.
European defence tech startup Helsing raises €600 million
Helsing sells software that uses AI tech to analyze large amounts of sensor and weapons system data. It also makes its own line of military drones. The investment was led by Prima Materia, the venture capital firm co-founded by Spotify CEO Daniel Ek.
Report: Nvidia orders 300,000 H20 chips from TSMC due to China demand
The Trump administration recently allowed Nvidia to resume sales of H20 GPUs to China, reversing an effective ban that aimed to keep advanced AI chips from reaching China. The new orders with TMSC would add to the existing inventory of 600,000 to 700,000 H20 chips, Reuters reports.
Lyten secures over $200 million to support its acquisition strategy
Lyten intends to accelerate its acquisition strategy and expansion plans in the US and Europe with the additional capital. Lyten has also acquired the rights to Northvolt’s energy storage products, Voltpack Mobile Systems (VMS), Voltrack and future BESS products currently in development.
Faria secures financing for 49.9 MW battery project in Greece
The 28 million euro project is being implemented under the National Recovery and Resilience Plan “Greece 2.0” with funding from the European Union – NextGenerationEU.
Diraq secures $330K to explore quantum applications in energy networks
The funding was awarded through the Australian government’s Department of Industry, Science and Resources’ Critical Technologies Challenge Program. The project’s aim is to ascertain the feasibility of using quantum computers to improve the optimization of increasingly complex energy networks.
Remora secures €14M to advance AI innovation in fish welfare
Over the past 12 months, Norway’s Remora Robotics has achieved a major commercial breakthrough, with installations at several of the world’s leading aquaculture companies.
xLight raises $40 million to build powerful chip-making laser
This funding further enables Silicon Valley startup xLight to develop the world’s most powerful EUV free electron lasers (FEL), which has the potential to revolutionize advanced semiconductor manufacturing and unlock other critical economic and national security applications.
Tesla signs $16.5 billion chip contract with Samsung Electronics
The Samsung-Tesla deal comes at a sensitive time as South Korea is trying to reach a trade deal with the US after the Trump administration’s stated intention of imposing 25% tariffs.
$20M semiconductor research facility coming to Stony Brook University
As a result of the partnership, onsemi will invest USD 8 million to support the center’s operations, while Stony Brook University will invest USD 10 million in renovations and equipment. Empire State Development will support the new facility through a capital grant of up to USD 2 million.
Indian semiconductor startup Netrasemi raises $12 million in series A
Netrasemi is developing two Edge-AI chips: the A2000, an AI video analytics chip; and the R1000, a microcontroller for smart IoT sensors — both currently in the tapeout stage.
Anglia moves to 4-day week to support staff well-being
The move supports the best and most innovative working practices that employers are implementing across industry, and is part of Anglia’s ESG strategy.
Bedrock Robotics emerges from stealth with $80 million in funding
By integrating with existing construction machines and workflows, the Bedrock Operator powers machines with expert capabilities, empowering builders with the ability to work around the clock, accelerate project schedules, increase profitability and safety, and track progress on jobs.
STMicro to buy part of NXP’s sensor business for up to $950 million
The MEMS sensors portfolio to be acquired by ST primarily targets automotive safety sensors, both passive (airbags) and active (vehicle dynamics), as well as monitoring sensors (TPMS1, engine management, convenience, and security).
Eaton to acquire Texas-based Resilient Power Systems
Resilient’s line of ultra-compact EV charging depots connect directly to the existing distribution grid allowing clients to deploy EV fleet and public charging stations quickly and efficiently. Its highly differentiated technology has additional application potential for data centers.
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