Report: Tesla signs $4.3 billion battery deal with LGES
Elon Musk’s company has been looking to reduce reliance on Chinese imports due to US tariffs. The lithium iron phosphate (LFP) batteries will be supplied from LGES’s factory in Michigan.
Semiconductors get magnetic boost with new method from UCLA researchers
The investigators demonstrated the ability to produce semiconductor materials containing up to 50% magnetic atoms, whereas current methods are often limited to a concentration of magnetic atoms no greater than 5%.
Denmark buys four MQ-9B SkyGuardians from GA-ASI
The platform provides pole-to-pole satellite control and de-icing capabilities to enable missions in the harsh conditions of the Arctic in support of Denmark and its NATO Allies.
Safran finalises acquisition of Collins flight controls business
The acquired business employs approximately 4,000 people across eight main facilities in Europe (UK, Italy and France) and Asia, and has activities in Poland, USA and India.
Bonsai Robotics acquires farm-ng to enhance autonomous farming
The integration of Bonsai’s high-performance autonomous AI technology with farm-ng’s customizable robotic platform allows for an offering of AI-first machines that can transform crop management.
Report: Nvidia orders 300,000 H20 chips from TSMC due to China demand
The Trump administration recently allowed Nvidia to resume sales of H20 GPUs to China, reversing an effective ban that aimed to keep advanced AI chips from reaching China. The new orders with TMSC would add to the existing inventory of 600,000 to 700,000 H20 chips, Reuters reports.
Lyten secures over $200 million to support its acquisition strategy
Lyten intends to accelerate its acquisition strategy and expansion plans in the US and Europe with the additional capital. Lyten has also acquired the rights to Northvolt’s energy storage products, Voltpack Mobile Systems (VMS), Voltrack and future BESS products currently in development.
Hadrian raises $260 million to build AI-powered factories in US
The new factory in Arizona is expected to create 350 local jobs. With its “Factories-as-a-Service” model, Hadrian can rapidly scale production across key Department of Defense (DOD) areas such as munitions, shipbuilding and other high-priority programs.
xLight raises $40 million to build powerful chip-making laser
This funding further enables Silicon Valley startup xLight to develop the world’s most powerful EUV free electron lasers (FEL), which has the potential to revolutionize advanced semiconductor manufacturing and unlock other critical economic and national security applications.
Godrej’s aerospace unit signs manufacturing deal with Pratt & Whitney
The agreement will significantly expand Indian group Godrej’s offerings in aircraft engine applications, both in terms of technology and production volumes.
Tesla signs $16.5 billion chip contract with Samsung Electronics
The Samsung-Tesla deal comes at a sensitive time as South Korea is trying to reach a trade deal with the US after the Trump administration’s stated intention of imposing 25% tariffs.
$20M semiconductor research facility coming to Stony Brook University
As a result of the partnership, onsemi will invest USD 8 million to support the center’s operations, while Stony Brook University will invest USD 10 million in renovations and equipment. Empire State Development will support the new facility through a capital grant of up to USD 2 million.
Energy Dome signs CO2 battery technology agreement with Google
The selection of Italian company Energy Dome’s proven and market-ready CO2 battery technology reflects its ability to be deployed at the scale, speed and affordability required on a global basis.
ACIA signs TrueChoice engine service agreement with GE Aerospace
TrueChoice services incorporate an array of GE Aerospace capabilities and customizations across an engine’s lifecycle. All TrueChoice offerings are underpinned by GE Aerospace data, advanced analytics and experience to help reduce maintenance burden and service disruptions.
Bedrock Robotics emerges from stealth with $80 million in funding
By integrating with existing construction machines and workflows, the Bedrock Operator powers machines with expert capabilities, empowering builders with the ability to work around the clock, accelerate project schedules, increase profitability and safety, and track progress on jobs.
Eaton to acquire Texas-based Resilient Power Systems
Resilient’s line of ultra-compact EV charging depots connect directly to the existing distribution grid allowing clients to deploy EV fleet and public charging stations quickly and efficiently. Its highly differentiated technology has additional application potential for data centers.
BQP raises $5M after deal for quantum-accelerated digital twin platform
The raise follows a strategic collaboration with the Air Force Research Laboratory Aerospace Systems Directorate (AFRL/RQ) under a Cooperative Research and Development Agreement (CRADA) to accelerate mission-critical modeling and simulation capabilities with quantum computing.
SK Hynix reports record jump in profit as demand for AI chips soars
SK Hynix reported a bigger-than-expected 68% jump in operating income in the June quarter. The South Korean chipmaker, a key supplier to AI giant Nvidia, said new model launches by customers would drive high-end AI chip demand growth, and that it was on track to double HBM chip sales for the full year.
Broadcom ships Ethernet switch Tomahawk Ultra for HPC and AI scale-up
With ultra-low latency switching and adaptable optimized Ethernet headers, Tomahawk Ultra provides predictable, high-efficiency performance for large-scale simulations, scientific computing and synchronized AI model training and inference.
Zimmer Biomet acquires robotics firm Monogram for $177 million
Monogram’s semi- and fully autonomous robotic technologies are expected to add new and differentiated capabilities to expand Zimmer’s flagship ROSA Robotics platform and broad suite of navigation and enabling technologies.
INL to lead advancements in US semiconductor manufacturing
Idaho National Laboratory (INL) has been chosen to serve as the chief digital officer for the Semiconductor Manufacturing and Advanced Research with Twins USA Institute (SMART USA).
Octillion to supply Li-ion battery packs for Vision’s electric boats
Under the terms of the agreement, Octillion Power Systems will manufacture Vision-branded battery packs for their E-Motion 180E electric outboard system, exclusively for US market distribution.
Richtech signs $4M sales agreement to expand in Asia robotics market
The agreement includes the purchase, service and software licensing of products from three of Richtech Robotics’s key product lines: ADAM, Scorpion and Titan.
CCC signs MoU to bring Canadian space tech and expertise to Cyprus
This MoU marks a strategic bilateral partnership that will promote collaboration between Canada and Cyprus in the growing space technology and Earth observation sectors.
GM partners with Redwood Materials to boost energy storage in US
In June, Redwood Materials launched Redwood Energy, a new business that deploys both used EV packs and new modules into fast, low-cost energy-storage systems built to meet surging power demand from AI data centers and other applications.
KISTI secures funding for National Quantum Center of Excellence
Korea Institute of Science and Technology Information (KISTI) has identified US company IonQ as the primary quantum technology provider for the project, alongside South Korean cloud service and infrastructure provider Megazone Cloud.
Intuitive Machines, Space Forge team up to advance in-space chipmaking
By uniting Space Forge’s cutting-edge microgravity-enabled semiconductor production with Intuitive Machines’ reentry technology, this partnership hopes to accelerate the development of high-purity, US-manufactured semiconductor substrates.
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.
Air Liquide invests $50M to build gas plant for chipmaking in US
The French company is set to design, build and operate a new advanced production facility at the site of one of the world’s leading semiconductor manufacturers in southeastern United States.
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.
Load more news
