Quantum Systems triples valuation, raises €180 million
The new capital will fuel its multi-domain expansion across air, land, and maritime use cases. The German drone maker will accelerate its AI, software, and hardware development across all domains, connected by the multi-domain mission software MOSAIC UXS.
AMD boosts space-grade portfolio, in-orbit processing capability
This new packaging for the Versal AI Core XQRVC1902 adaptive SoC will support missions for up to 15 years, offering a robust foundation for geosynchronous satellites, lunar exploration, and deep-space probes.
Varroc to supply High Voltage electronics to EV OEM customer
Under the agreement, the Indian automotive supplier will deliver comprehensive High Voltage Electronics for a range of high-performance e-powertrain components, including power electronics unit, inverters, onboard chargers, BMS, and DC-DC converters.
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Wait, North Korea has its own smartphone?
Yes, you read that right. North Korea has its own – restricted, of course – smartphones. And DailyNK has gotten its hands on two models.
Sundance announces strategic investment in Orbweaver
Orbweaver’s platform enables manufacturers and distributors to ingest, normalize, and transact on massive volumes of product, pricing, and supplier data in real time, solving an important challenge in the electronics supply chain.
Hong Kong firm Cornerstone Robotics raises $200 million
The proceeds from this round will primarily be used to accelerate commercialisation and drive continued technological innovation by Cornerstone Robotics
Cosmic PV Power wins $66M solar modules supply order
The Indian solar panel manufacturer has made a formal entry into the Independent Power Producer (IPP) market. Until now, Cosmic PV largely catered to mid-sized EPC players and select OEMs, but this order signals a strategic shift into larger utility-scale opportunities.
GE Aerospace to invest $14 million to expand Pune factory
The new investment will strengthen the site’s capabilities through upgraded manufacturing processes and automation, including enhancements that support advanced engine components.
Pasqal invests $52M to boost quantum computing in Korea
The investment by the French company is part of a major strategic expansion in South Korea, marked by a series of partnerships and support from the Seoul Metropolitan Government and the Korean government.
Northland acquires two battery storage projects in Poland
The projects — Mieczysławów (200 MW / 800 MWh) and Kamionka (100 MW / 400 MWh) — each have a four-hour duration and are located in western Poland. Financing and the start of construction are expected in 2026, with an estimated total cost of EUR 200 million.
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