Warp raises $10M to enhance AI-powered freight network with robotics
The new capital will fund the rapid expansion of Warp’s AI systems and the launch of its first fully robotic cross-dock, a flagship facility that automates the entire freight lifecycle from inbound receiving and dimensioning to smart sortation and outbound dispatch.
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Synopsys confirms lifting of export restrictions to China
US design software company Synopsys has confirmed that the US Department of Commerce has rescinded recent export restrictions related to its business in China.
SkyWater Technology completes acquisition of Fab 25
By adding approximately 400,000 wafer starts per year in capacity, Fab 25 brings meaningful scale to SkyWater’s exclusively US-based, pure-play foundry operation and enables SkyWater to enhance its advanced technology services (ATS) offering by incorporating the site’s current capabilities.
Electrovaya receives additional $6.3 million order with major company
The batteries will be used by a leading Fortune 100 e-commerce company in the United States for powering material handling electric vehicles in multiple distribution centers.
Microsoft to lay off 9,000 workers in latest rounds of cuts
The tech giant said several divisions would be impacted without giving specifics. This is the fourth round of lay-offs this year. In May, Microsoft said it would slash 6,000 jobs.
Parker Hannifin acquires Curtis Instruments for $1 billion
Curtis designs and manufactures motor speed controllers, instrumentation, power conversion and input devices that complement Parker’s strength in electric vehicle motors, hydraulic and electrification technologies.
Axiom partners with India’s Skyroot to advance space exploration
This collaboration further reinforces the growing cooperation between Axiom Space and the Indian space sector. Axiom Mission 4 (Ax-4), which launched June 25, marks India’s return to human spaceflight and the nation’s first mission on board the International Space Station.
Report: Is Intel’s CEO exploring major shift in chip manufacturing business?
According to this new plan, outside customers would be offered a newer generation of technology, which is expected to be more competitive against Taiwan’s TSMC in Intel’s attempt to woo customers like Apple or Nvidia, the Reuters report said.
Navitas partners with Powerchip for 200mm GaN production in Taiwan
Navitas Semiconductor has announced plans to start 200mm GaN-on-silicon production in collaboration with Powerchip Semiconductor Manufacturing Corporation (PSMC), marking a new phase in the company's supply chain and technology strategy.
Moog enhances space actuation and avionics manufacturing capabilities
This customer-focused expansion at Moog headquarters in East Aurora addresses the growing need for innovative precision actuation and avionics systems to control and steer launchers, making a difference for critical national security missions and delivering satellites and human crews to space.
TT Electronics achieves ISO 13485 certification at Mexicali facility
TT Electronics has announced that its EMS facility in Mexicali, Mexico, has been certified to the ISO 13485:2016 standard — an internationally recognised quality management system for medical device manufacturing.
Claus Aasholm: “The semiconductor cycle is broken”
During Evertiq Expo Malmö 2025, Claus Aasholm, founder of Semiconductor Business Intelligence, offered a sobering reassessment of the global semiconductor market. In his keynote and follow-up interview, Aasholm argued that the industry’s historical four-year cycle has broken down – replaced by a fragmented, profit-driven upswing felt by only a select few.
Volektra partners with Jendamark to boost magnet-free electric motor tech
This collaboration designates Jendamark as the partner for industrializing and deploying production lines based on Volektra’s patented Virtual Magnet Motor (VMM) platform.
Siemens completes acquisition of Boston firm Dotmatics
Dotmatics will form part of Siemens’ Digital Industries Software business, marking a significant expansion of Siemens’ industry-leading Product Lifecycle Management (PLM) portfolio into the rapidly growing and complementary Life Sciences market.
Struggling US chipmaker Wolfspeed files for bankruptcy
Upon emergence from the process, it expects to have reduced its overall debt by about 70%, representing a reduction of USD 4.6 billion and a reduction of its annual total cash interest payments by approximately 60%.
Oracle, AMD partner to enhance performance for AI and agentic workloads
Oracle will offer zettascale AI clusters accelerated by the latest AMD Instinct processors with up to 131,072 MI355X GPUs to enable customers to build, train, and inference AI at scale.
Lyten acquires Northvolt's Polish manufacturing operation
Lyten, a US-based manufacturer of lithium-sulfur batteries, will acquire Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square metre battery energy storage systems (BESS) manufacturing and R&D facility.
GE Aerospace, Kratos expand small engine portfolio
The new teaming agreement expands on an earlier MOU and provides the framework for the two companies to develop, manufacture, test, and field the GEK800 Engine, as well as collaborate on other low-cost expendable turbofan engines.
Meter raises $170 million in Series C funding
Meter delivers reliable, secure and scalable internet, Wi-Fi, and cellular connectivity for the enterprise. The company built networking infrastructure from the ground up: enterprise hardware, firmware, software, deployment operations and support
Comau partners with Intecells to boost battery electrode manufacturing
Comau will work with Intecells, which has patented an innovative cold plasma application, to develop a cost-effective technology path for customers looking to integrate the new technology within existing cell manufacturing lines.
Muon Space secures $90 million to expand satellite production
Muon has also acquired propulsion startup Starlight Engines, which further extends Muon’s vertically integrated Halo platform by bringing in-house propulsion capabilities into its end-to-end satellite technology stack.
Toyota Tsusho, LG Energy establish battery reclamation JV in US
Going forward, Green Metals Battery Innovations (GMBI) plans to build a facility with an objective to achieve annual processing capacity of up to 13,500 tons of scrap, equivalent to more than 40,000 automotive battery units.
Georgia Tech, Stryten install lead BESS for advanced research
The installation aims to create a living-learning lab on campus that supports research and real-world applications of medium-duration energy storage solutions. Lead BESS was selected due to its cost-effectiveness, high discharge rates and recyclability.
Caspia collaboration to boost security verification in Siemens’ Questa One
Fueled by AI technology, the hardware root of trust has now become vulnerable to attack, making it critical to harden SoC designs against such sophisticated attacks. The collaboration responds directly to this threat by adding Caspia’s industry leading GenAI security technology to the Questa One smart verification solution.
Sierra Space opens new solar array facility in Colorado
Sierra Space has inaugurated a new manufacturing facility in Colorado to ramp up production of its SMT solar power systems, including components for national defense applications.
Advanced chip capacity to surge 69% by 2028 on AI demand
The global semiconductor industry is expected to significantly expand its advanced manufacturing capacity through 2028, driven by accelerating demand for artificial intelligence applications, according to SEMI’s latest 300mm Fab Outlook report.
Micron reports record 3Q revenue, projects continued growth in Q4
Micron Technology reported record revenue of USD 9.30 billion for the third quarter of its fiscal 2025, marking a significant sequential and year-over-year increase as demand for AI-related memory solutions continues to accelerate.
Poet inks manufacturing deal with NationGate Solutions in Malaysia
Canadian Poet Technologies has signed a Master Agreement, Module Purchase Agreement and a Deed of Consignment with NationGate Solutions, to manufacture optical engine assemblies for Poet in Penang, Malaysia.
Blue Whale teams up with UNIGRID to deploy urban BESS solutions
Urban areas lack open spaces for large containerized battery systems. Blue Whale Energy is addressing this with a novel strategy: installing compact, modular battery packs directly beneath solar panels.
Xanadu opens advanced photonic packaging facility in Ontario
Canadian quantum computing company Xanadu has opened a CAD 10 million advanced photonic packaging facility at its headquarters in Toronto. The new site, described as the first of its kind in Canada, aims to strengthen the country’s domestic quantum supply chain and manufacturing capabilities.
Renesas expects significant loss following Wolfspeed restructuring deal
As previously reported by Evertiq, Wolfspeed has entered into a restructuring agreement with key creditors aimed at reducing its debt load and cash interest expenses. Renesas Electronics is among the parties that have signed the Restructuring Support Agreement, a move expected to result in a substantial financial loss for the Japanese semiconductor company.
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