Demcon acquires electronics company Leap Development
Dutch company Leap Development, which will henceforth be known as Demcon electronics, specializes in RF technology, wireless communication, embedded systems and integrated electronics development.
Indian AI semiconductor startup Agrani Labs raises $8M
The proceeds will be used to scale engineering efforts and advance product development as Agrani Labs works towards building globally competitive AI compute solutions.
Waabi secures $1 billion to advance Physical AI Platform
The funding will fuel the continued advancement of Waabi’s Physical AI Platform, further accelerate the Canadian company’s commercial progress in autonomous trucking, and support its expansion into robotaxis.
Metlen expands green energy footprint in UK, Ireland, Italy
In the UK, Metlen secured a new EPC contract with Elgin for the 24.5 MW Maesmawr solar park. In Ireland, Metlen signed a new EPC contract for a solar project in County Louth. In Italy, it signed a 7-year physical Tolling Agreement for a 25MW BESS in Apulia region.
BAE-linked teams win contracts for Link 16 radios and Typhoon AESA radar
BAE Systems-linked teams have been awarded two defence electronics contracts covering tactical radio systems and fighter radar production, according to information published on the companies’ official channels. The awards include a U.S. Navy contract for Link 16-enabled MIDS JTRS radio terminals and a UK Ministry of Defence order for ECRS Mk2 AESA radars for the Royal Air Force’s Eurofighter Typhoon fleet.
KAUST establishes ‘Quantum Foundry’ to boost quantum ecosystem
By enabling structured, shared access to KAUST (King Abdullah University of Science and Technology) quantum cleanrooms, the Foundry supports device prototyping and process development, allowing industry and academic partners to collaborate on emerging quantum technologies.
Rigetti bags $8.4M quantum computer order from C-DAC
The system, a 108-qubit quantum computer, will be installed on-premises at the Centre for Development of Advanced Computing (C-DAC’s) Bengaluru center and is scheduled to be deployed in the second half of 2026.
Samara raises $10M to accelerate spacecraft production
The funding will allow the US company to scale operations within its new 11,200-square-foot production facility, adding staff and equipment to increase manufacturing capacity and shorten delivery timelines for future missions.
terralayr announces €192 million equity raise
The funding will enable terralayr to further grow its grid-scale battery storage portfolio in Germany, while scaling the company’s LAYR flexibility-as-a-service platform.
SkyFi raises $12.7M to advance access to satellite imagery
The funds will accelerate product development and enhance SkyFi’s technology, including its platform’s user interface and analytical tools. The US company also plans to forge new partnerships with satellite operators to expand its data offerings and AI-enabled capabilities.
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