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.
Tata Power signs 120 MWh BESS agreement with NHPC
The project will help address peak power demand, enhance grid flexibility and enable seamless integration of renewable energy in the southern Indian state of Kerala.
Sharp teams up with Mitsubishi, NICT, TECHLAB to advance LEO satcom
By enabling deployment on mobility platforms such as drones and vehicles, applications of Low Earth Orbit (LEO) satellite communication (satcom) will be significantly expanded, ensuring communication lines in mountainous areas and disaster zones.
SUNOTEC, Sungrow sign 2.4 GWh battery storage agreement
This agreement marks the first BESS project in Bulgaria with Sungrow BESS. For SUNOTEC, the collaboration underlines the company’s long-term strategy to accelerate the integration of flexible and smart energy systems into its solar infrastructure portfolio.
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.
India’s TCS to cut 12,000 jobs as it seeks to become ‘future-ready’
As of June 2025, TCS had over 610,000 employees worldwide. The latest job cuts, amounting to about 2% of its workforce, will affect mid-level and senior executives.
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.
DPIIT partners with Ather to advance India’s clean mobility sector
The collaboration between the Department for Promotion of Industry and Internal Trade (DPIIT) and Indian EV firm Ather Energy will focus on mentorship for deep-tech startups, infrastructure support for startups in the EV value chain, and joint innovation programs.
Diraq secures $330K to explore quantum applications in energy networks
The funding was awarded through the Australian government’s Department of Industry, Science and Resources’ Critical Technologies Challenge Program. The project’s aim is to ascertain the feasibility of using quantum computers to improve the optimization of increasingly complex energy networks.
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.
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.
Indian semiconductor startup Netrasemi raises $12 million in series A
Netrasemi is developing two Edge-AI chips: the A2000, an AI video analytics chip; and the R1000, a microcontroller for smart IoT sensors — both currently in the tapeout stage.
MASSIMO launches next-gen MileMax Li-ion batteries for e-rickshaws
These lithium batteries are engineered for superior performance and tailored to meet the evolving needs of the Indian electric mobility sector.
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.
CaoCao teams up with Geespace to enhance robotaxi safety
Both Chinese companies plan to explore the application of global satellite communication and high-precision positioning technologies for managing and operating robotaxi fleets.
India’s Macsen Labs ‘achieves breakthrough in sodium-ion battery chemistry’
The company has successfully carried out an R&D-scale synthesis of its high-performance Prussian White, a next-generation cathode material for sodium-ion batteries.
Air Liquide starts molybdenum plant in Korea to support next-gen chips
Molybdenum is emerging as a promising replacement for the traditional chip manufacturing material tungsten. This new manufacturing facility will supply leading semiconductor customers with Air Liquide’s advanced materials offering Subleem.
Hyundai’s IONIQ 9 Seed Ball Drone Station to support forest restoration
The newly developed IONIQ 9 Seed Ball Drone Station is a specially designed vehicle based on Hyundai Motor’s flagship electric SUV, IONIQ 9, in collaboration with Guru E&T, a startup specializing in reforestation solutions and technologies.
Everta launches DC chargers, eyes 15% of Indian market
Indian EV charger manufacturer Everta's Bengaluru facility will produce high-performance DC chargers, from 60 kW to 320 kW, for electric cars, electric trucks and electric buses.
Anritsu introduces advanced 5G device test solution to boost communications
The 1024QAM modulation for downlink offers approximately 25% improvement in data throughput compared to the current 256QAM standard for the same frequency bandwidth.
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.
LG aims to expand HVAC business to $15 billion in sales by 2030
In 2025, LG Electronics expects to more than triple orders for its data center cooling solutions compared to the previous year, marking it as a key growth engine. LG is also actively pursuing strategic acquisitions to reinforce its HVAC expertise and broaden its portfolio.
Indian spacetech startup Omspace Rocket raises $3 million
The company plans to use the fresh capital to finalise and begin test launches of the Infinity One prototype, expand its R&D team, and boost its manufacturing infrastructure and ground systems.
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.
HD Hyundai Infracore secures 4th contract for K2 tank engines
The DV27K engine, independently developed, delivers an output of 1,500 horsepower, rivaling the capabilities of main battle tank engines from some of the world’s leading defense industries. This powerful engine allows the 56-ton K2 tank to reach speeds of up to 70 km/h.
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.
Hangcha, Manitou form lithium battery JV in France
The venture is an important step in Hangcha’s new energy strategy to accelerate its global expansion while directly supporting Manitou’s “LIFT” strategic roadmap for expanding its electric product portfolio.
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.
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