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.
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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.
SAEL to invest $954 million in solar manufacturing facility in India
The 5 GW-per-year integrated solar cell and module facility in Uttar Pradesh will boost Indian clean energy firm SAEL’s total module manufacturing capacity to 8.5 GW. Construction is set to begin this year.
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%.
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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.
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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.
Ohio awards $310 million to Anduril for defense manufacturing facility
California-based defense contractor Anduril Industries has to create 4,008 new jobs and make at least USD 910.5 million in capital investment in the next 10 years to receive the funds, according to the 30-year economic development agreement.
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.
Delta to construct new regional headquarters in the Netherlands
Located in the Park 20|20 business campus, the state-of-the-art 9300-sqm facility in Hoofddorp is expected to be completed by the end of 2026 and will house over 350 employees in R&D, business development, management and more.
Daimler Truck to cut 5,000 jobs in Germany by 2030
The German vehicle manufacturer said the cuts are part of an efficiency drive to reduce recurring annual costs by over €1 billion by 2030. Daimler has about 35,500 employees in Germany.
Coco raises $80M to expand autonomous delivery, AI platform
The Los Angeles-based startup, which builds last-mile delivery robots, has already completed over 500,000 zero-emission deliveries across major US cities like Los Angeles, Chicago and Miami, as well as in Helsinki, its first European market.
GlobalFoundries to acquire MIPS to accelerate AI and compute capabilities
This strategic acquisition will expand GF’s portfolio of customizable IP offerings, allowing it to further differentiate its process technologies with IP and software capabilities.
Arrow launches Engineering Solutions Center in Bangalore
The newly established India ESC is designed to help innovators and technology manufacturers adopt advanced technologies such as edge computing, energy management, automation and e-mobility.
Jaatinen Guides Manufacturers Through Digital Product Passports
During Evertiq Expo Tampere 2025, Juhana Jaatinen, managing director of RoHS Management, gave a presentation on the EU’s digital product passport and provided the audience with insight into what this means for manufacturers in the industry.
China’s INV New Material launches $750M battery plant in Malaysia
The newly launched facility will produce wet-processed and coated lithium-ion separators – an essential component in EV battery manufacturing.
Cummins launches BESS to support India’s clean energy transition
This state-of-the-art energy storage solution is designed to support India’s clean energy transition and strengthen the reliability of the country’s power infrastructure.
Arago raises $26M to slash AI energy consumption with new photonic chip
The heart of Arago's processor, codenamed “JEF,” is a proprietary photonic technology: instead of transistors, it uses lasers to process data with photons. The chip is designed to deliver 10× lower energy consumption than today’s leading GPUs at equivalent performance and cost.
Green’s new pump drive enhances efficiency in data center cooling
With the in-house development of a central infrastructure element for energy-efficient cooling, Green’s COO, Andrea Luigi Campomilla, is setting another milestone and driving forward the targeted optimization of the overall system.
Lockheed Martin delivers SPY-7 radar antennas to Japan
With advanced detection and tracking capabilities, SPY-7 effectively counters complex threats, enabling simultaneous engagement of multiple targets and delivering a robust 21st century security capability that enhances the effectiveness of naval forces in an increasingly uncertain and dynamic environment.
Singapore launches innovation hub for gallium nitride semiconductors
The centre brings advanced GaN manufacturing capabilities to Singapore, positioning local innovators to compete in high-growth global markets such as advanced 5G and 6G communication systems, radars and satellite communications.
e-STORAGE’s SolBank 3.0 passes Large-Scale Fire Testing
During the test, e-STORAGE’s SolBank 3.0 energy storage system showed no fire propagation to target units and successfully passed the LSFT, confirming the robustness of SolBank 3.0’s passive fire containment design.
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