Q.ANT raises €62M to advance computing with photonic processing
German photonic deep tech scale-up Q.ANT has brought to maturity the world’s first commercial photonic processor for real-world AI and HPC workloads — executing complex AI operations much faster while saving significant amounts of energy.
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Hitachi to deliver 765 kV transformers to Power Grid Corporation of India
Higher voltage transmission, such as 765 kV, enables efficient bulk transfer of power over long distances, significantly reducing losses and lowering operating costs, making electricity more affordable for consumers.
Sivers Semiconductors reports 38% increase in Q2 revenue
Adjusted EBITDA improved by 32% YoY and 45% YTD while wireless BU revenues grew by 71% YoY, the Swedish company announced.
Blink acquires Zemetric to expand EV charging solutions
Zemetric simplifies charging with market-leading hardware, software and service solutions that are designed and built to be interoperable and highly reliable to scale electrification.
Hanza boosts LYNX program through acquisition of defense manufacturer
Headquartered in Finland, Milectria is a contract manufacturer of electrical systems for military vehicles, weapon systems and other products for demanding environments.
China puts export restrictions on 8 key EV battery technologies
Any overseas transfer of these technologies through trade, investment or technological cooperation will henceforth require a prior license from the Chinese government.
Synopsys completes $35 billion acquisition of Ansys
The deal was 18 months in the making. United with Ansys, Synopsys can now deliver holistic system design solutions for customers in industries spanning semiconductors, high-tech, automotive, aerospace, industrial, and more.
Nexceris sells Li-ion Tamer battery monitoring solution to Honeywell
Building on its existing partnership with Honeywell, the sale also highlights Nexceris’ strategy to commercialize technology in packaged products that are ultimately licensed or acquired by industrial partners.
Glen Instone appointed CEO of Husqvarna Group
Glen joined the company in 2002 and has been a part of Group Management since 2018. Apart from his current position as President of the Husqvarna Forest and Garden Division, he was earlier Group CFO and has held various positions within the Forest and Garden Division.
Stellantis discontinues hydrogen fuel cell technology development program
As the hydrogen market is showing no development prospect at mid-term, Stellantis has decided to discontinue its hydrogen fuel cell technology development program. Series production of hydrogen-powered Pro One vans in Hordain, France, and Gliwice, Poland, ends.
Indian robotics startup Unibose raises $640K to scale up operations
Unibose enables industries to access life-saving automation in sectors such as oil and gas, chemicals, fertilisers and heavy industries. The latest capital infusion follows the USD 290,000 raised by the Chennai-based startup earlier.
Oracle to invest $2 billion in AI and cloud infrastructure in Germany
The investment will expand Oracle Cloud Infrastructure’s (OCI) footprint in Germany and will include a significant expansion of AI infrastructure capacity in the Oracle Cloud Frankfurt Region.
Lockheed Martin advances maritime surveillance with AI-powered tech
By leveraging AI-powered Synthetic Aperture Radar(SAR) target recognition, warfighters will be able to quickly differentiate a combatant vs. civilian vessel without the need for manual analysis.
IonQ completes acquisition of US space tech company Capella
IonQ will begin developing a space-based quantum key distribution (QKD) network by integrating Capella’s satellite infrastructure with its quantum technology. Once complete, this QKD network will enable secure communications that prevents encryption keys from being intercepted or copied without detection.
ZenaTech creates quantum computing prototype to advance AI drone solutions
The Canadian company envisions commercial applications ranging from highly efficient precision agriculture to predictive energy infrastructure inspections, along with weather forecasting and defense applications.
Report: Broadcom scraps $1 billion chip investment in Spain
The investment had been announced by Broadcom in 2023. Sources told Europa Press that talks with Spain’s government had broken down but the report did not give any reason for the collapse in negotiations.
Astroscale wins $7M UK contract to enhance space situational awareness
Astroscale UK is working in partnership with subcontractor Open Cosmos, who will design and build two near identical mini satellites, that Astroscale will operate for the mission.
EUV Accelerator opens at Albany NanoTech Complex in New York
The EUV Accelerator enables researchers from Natcast, NSTC Member organizations, and NY CREATES to work collaboratively to conduct research and development activities essential to driving faster commercialization of advanced semiconductor technology.
Mycronic reports 35% increase in net sales in Q2 2025
Despite sales growth, order intake fell to SEK 1.3 billion from SEK 2 billion. In the second quarter, order intake saw a decline of 37%. EBIT amounted to SEK 568 million and the EBIT margin was 27%.
Materion completes acquisition to expand semiconductor footprint in Asia
This strategic investment expands Materion’s global footprint with a facility in Asia to better support and service global Tier I semiconductor customers and strengthens Materion’s position as a leading supplier of deposition materials.
Malaysia imposes trade permits for AI chips of US origin
Individuals or companies have to notify authorities at least 30 days in advance for exporting, transhipping or bringing in transit items not listed on Malaysia’s strategic items list.
BayWa r.e. completes sale of its largest BESS in Europe to Vopak
The project has been developed to its current state (Ready-to-Build) by GroenLeven and will be connected to the high-voltage transmission grid of TenneT. Vopak will continue the development and aims to construct a utility scale li-ion BESS.
SHENMAO enhances semiconductor capabilities with acquisition of PMTC
PMTC is recognized for its high-reliability solder alloys that offer excellent ductility, thermal fatigue resistance and drop performance. The company brings in-house alloy development, application expertise and a strong R&D foundation, positioning SHENMAO to accelerate innovation in semiconductor solder materials.
Cetec ERP expands into larger office in Austin to boost growth
The new location, situated within a prominent Austin business complex, provides ample room for current operations and offers flexible space for future expansion as the company continues to scale.
Siemens completes acquisition of ebm-papst’s industrial drive tech business
Integrating the new portfolio into the existing automation portfolio and leveraging Siemens' global sales network will open up new markets and significant business potential in the field of intelligent, battery-powered drive and robot solutions.
Green Aero bags $1.6M to advance development of next-gen engines
Indian deep tech startup Green Aero plans to commercialise its first small-category engine within the next 12 months, and lay the groundwork for its larger engine platform.
Nvidia CEO Huang meets Trump ahead of China visit
Though the agenda of the meeting was not immediately clear, Nvidia has been impacted by the export controls implemented by the Trump administration on its cutting-edge AI chips.
US startup Varda raises $187 million to make drugs in space
Due to the lack of gravity, materials such as the active pharmaceutical ingredients in medicines crystallize differently than they would on Earth, creating novel drug formulations that would otherwise be impossible.
ROHM releases level 3 SPICE models with enhanced simulation speed
ROHM’s earlier Level 1 SPICE models for SiC MOSFETs addressed this need by precisely replicating key device characteristics. However, challenges such as simulation convergence issues and prolonged computation times revealed the need for further refinement.
Boeing wins $2.8B contract to enhance US strategic SATCOM capabilities
The ESS space vehicles will provide increased capacity, flexibility, reliability and resilience compared to the strategic communications satellites currently on orbit. Since 2020, Boeing has been executing technical maturation and risk reduction under a rapid prototyping contract for the US Space Force.
Kepler wins $4 million defence contract to build satellite swarm
Indian space-tech startup Kepler Aerospace will receive government funding and access to launch infrastructure. The autonomous satellite swarm is being designed for the Defence Space Agency with an expected launch in 2027.
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