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.
European defence tech startup Helsing raises €600 million
Helsing sells software that uses AI tech to analyze large amounts of sensor and weapons system data. It also makes its own line of military drones. The investment was led by Prima Materia, the venture capital firm co-founded by Spotify CEO Daniel Ek.
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.
Faria secures financing for 49.9 MW battery project in Greece
The 28 million euro project is being implemented under the National Recovery and Resilience Plan “Greece 2.0” with funding from the European Union – NextGenerationEU.
Remora secures €14M to advance AI innovation in fish welfare
Over the past 12 months, Norway’s Remora Robotics has achieved a major commercial breakthrough, with installations at several of the world’s leading aquaculture companies.
Airbus awarded Hisdesat contract to build PAZ-2 satellites
The PAZ-2 satellites will significantly improve the image quality and resolution to better than 25 centimetres, while increasing the coverage up to 6.7 million km² per day and satellite. These improvements will strengthen the intelligence and surveillance capabilities of the Spanish Armed Forces.
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.
Anglia moves to 4-day week to support staff well-being
The move supports the best and most innovative working practices that employers are implementing across industry, and is part of Anglia’s ESG strategy.
STMicro to buy part of NXP’s sensor business for up to $950 million
The MEMS sensors portfolio to be acquired by ST primarily targets automotive safety sensors, both passive (airbags) and active (vehicle dynamics), as well as monitoring sensors (TPMS1, engine management, convenience, and security).
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.
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.
Oxford partners with Fortescue to develop industrial batteries
The University of Oxford, in partnership with Fortescue Zero, will lead one of EPSRC's Prosperity Partnerships to develop safer, more reliable, high-performance batteries for industries such as mining, transport and construction.
QuiX secures €15M to deliver universal photonic quantum computer
Dutch company QuiX Quantum’s universal photonic quantum computer leverages the principles of superposition, entanglement and interference to process information in fundamentally different ways from classical computers.
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.
Zollner Elektronik celebrates 60 years of being in business
Today the family-led company, headquartered in Zandt, Germany, is a leading EMS provider. With global presence, a broad spectrum of services and high-level technological expertise, Zollner sees itself as a reliable strategic partner along the entire value-added chain.
Hungarian EMS provider Videoton acquires stake in Limtronik
Through this transaction, the Videoton Group, a privately owned, family-run Hungarian contract manufacturer, establishes a production presence in Germany and the US.
Scatec awarded 846 MW solar PV projects in South Africa
Located in the Free State province, the cluster will comprise three solar power plants, Oslaagte Solar 2 (293 MW), Oslaagte Solar 3 (293 MW), and Leeuwspruit Solar (260 MW). The estimated total project cost for the solar cluster project is USD 735 million.
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.
The world’s most powerful quantum computer is coming to Denmark
EIFO, the export and investment fund of Denmark, and the Novo Nordisk Foundation are investing €80 million in the establishment of the Nordic quantum initiative QuNorth. Microsoft and Atom Computing will bring to QuNorth the world’s most powerful quantum computer, Magne.
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.
Wacker commissions €300M production line for chip-grade polysilicon
By virtue of the new production line, the German chemical company is increasing its production capacity for products that comply with the highest semiconductor-grade standards by more than 50 percent. This expansion in capacity will also create around 150 new jobs.
Q.ANT raises €62M to advance computing with photonic processing
German photonic deep tech scale-up Q.ANT has brought to maturity the world’s first commercial photonic processor for real-world AI and HPC workloads — executing complex AI operations much faster while saving significant amounts of energy.
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.
Sivers Semiconductors reports 38% increase in Q2 revenue
Adjusted EBITDA improved by 32% YoY and 45% YTD while wireless BU revenues grew by 71% YoY, the Swedish company announced.
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.
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.
Hanza boosts LYNX program through acquisition of defense manufacturer
Headquartered in Finland, Milectria is a contract manufacturer of electrical systems for military vehicles, weapon systems and other products for demanding environments.
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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