Micron reports record 3Q revenue, projects continued growth in Q4
June 26, 2025
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.
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Semiconductor foundry landscape to transform by 2030
June 25, 2025
Market intelligence and analyst firm Yole Group explores the status of the semiconductor foundry in its latest report – digging deep into the geopolitical, economic, and capacity realignments setting the stage for the foundry industry.
Canada’s Photonic to open quantum R&D facility in UK
June 23, 2025
Photonic will establish the UK facility over the next three years, creating over 30 high-paying jobs and investing more than USD 33 million.
Nuvve launches BaaS to help electric cooperatives slash energy costs
June 23, 2025
Nuvve’s BaaS model enables utilities to deploy scalable battery energy storage systems — including at the substation level — without requiring significant upfront capital investment and delivered through 10 to 12-year service agreements.
India’s Oben Electric raises $11.4 million in Series A funding
June 20, 2025
The fresh capital will be deployed to expand the company’s footprints across the country, accelerate product development of its ‘O100’ platform for affordable electric motorcycles, and scale up manufacturing at its Bengaluru facility.
Voltfang raises €15M to boost grid resilience across Europe
June 19, 2025
With this new capital, German cleantech startup Voltfang aims to scale its production capacities and deliver an additional 250 megawatt-hours of sustainable battery storage across Europe by the end of 2026.
Sparc Foundry secures €17.2M public funding for photonic chip plant
June 18, 2025
Sparc Foundry, a Spanish startup focused on photonic semiconductors, has received a EUR 17.2 million capital injection from the Spanish Society for Technological Transformation (SETT). The funding has been approved by the Council of Ministers under the national PERTE Chip initiative and represents 43.9% of the company's capital expansion.
jabil to invest $500M in US AI and cloud manufacturing expansion
June 17, 2025
US-based EMS provider Jabil plans to invest approximately USD 500 million over the coming years to expand its manufacturing capabilities in the Southeast United States. The initiative is aimed at supporting the increasing demand for infrastructure powering cloud computing and artificial intelligence.
Earthrise secures $630 million for Illinois solar project
June 16, 2025
The 270 MWac solar project, Gibson City Solar, within Illinois’ Midcontinent Independent System Operator (MISO) power market, is expected to achieve commercial operations in 2026.
Deep-tech startup Vecmocon raises $18M in Series A funding
June 16, 2025
Indian deep-tech startup Vecmocon Technologies plans to utilize the funds to expand its market presence and focus on advancing capabilities in embedded design, power electronics, IoT and data science.
French space tech startup Look Up secures €50M in funding
June 16, 2025
The participation of European national funds and an institutional EU fund in Look Up’s capital reflects a shared ambition to give the company a European dimension amid an unprecedented geopolitical context.
FlexGen partners with Rosendin to deliver BESS solution for data centers
June 16, 2025
The project will integrate proprietary technology and innovations from both Rosendin and FlexGen, including Rosendin’s BESSUPS design and method patent and FlexGen’s Soft Grid Interconnection and Island Grid Transient Frequency Stabilization patents.
Report: Crusoe to buy $400M worth of AMD chips for AI data centers
June 13, 2025
The 13,000 AMD MI355X chips Crusoe plans to purchase include high-bandwidth memory, making them suitable for running AI applications.
Autonomize AI raises $28M to power next-gen agentic AI for healthcare
June 13, 2025
The funding will be used by the company to rewire healthcare operations with its Agentic AI Orchestration platform, enabling healthcare knowledge workers to focus on delivering better patient care by reducing the administrative burden that drives cost, clinician burnout and fragmented experiences.
Indian defence startup Sanlayan secures 21.5M in Series A funding
June 13, 2025
Based in Bengaluru, Sanlayan focuses on designing and developing advanced electronic systems such as radar, electronic warfare solutions and mission-critical avionics.
Rigetti completes $350 million at-the-market equity offering
June 13, 2025
With this additional funding, Rigetti will have USD 575 million of cash, cash equivalents and available-for-sale investments with no debt, and is well positioned to support commercial scale-up of its superconducting gate-based quantum computers.
SparkCharge raises $30.5 million to expand mobile EV charging
June 09, 2025
SparkCharge will use the funding to accelerate EV adoption by expanding its mobile, off-grid and scalable EV charging services throughout the United States, Mexico and Canada.
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Status with Hanwha Semitech / Cynergy placement solution at GP Electronics after 18 months
The recently increasing trend within the electronics assembly industry has been to return to local manufacturing due to geopolitics, time to market, cost to market and the increasing need for flexibility at the same time as demanding higher volumes. These are well known and widely reported factors, but which specific demands does this place on manufacturers across Europe, the Nordics and Baltics?
Philips to repurchase up to 6 million shares to cover long-term incentive plans
June 05, 2025
The repurchases will be executed through one or more individual forward transactions, to be entered into in the course of the second and third quarter of 2025, in accordance with the Market Abuse Regulation.
Reduce, reuse and recycle at Evertiq Expo: the green electronics shift
May 29, 2025
Sustainability is no longer just a buzzword in the electronics industry — it's fast becoming a core strategy that shapes how companies design, produce, and manage their business to minimise environmental impact. At its core, the solution is something most already know: the three R's — reduce, reuse, recycle. The concept may seem simple, but applying it in the world of electronics manufacturing is far more complex than it appears.
ENGIE teams up with CBRE for 2.4 GW battery storage portfolio in US
May 23, 2025
This transaction is one of ENGIE’s largest operating portfolio partnerships in the US. ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets.
Wolfspeed reportedly preparing for bankruptcy
May 21, 2025
Wolfspeed is said to be preparing a Chapter 11 bankruptcy filing within weeks, according to reports from The Wall Street Journal and Reuters. The move comes after failed restructuring talks and growing financial pressure from falling demand and aggressive Chinese competition.
Quantinuum, Al Rabban launch JV to advance quantum computing in Qatar
May 21, 2025
The JV aims to enable access to Quantinuum’s world-leading quantum technologies in the region, co-develop quantum computing applications tailored to regional needs, and train next generation of quantum computing developers in Qatar and the region.
Semiconductor outlook: typical Q1, but atypical shifts ahead
May 21, 2025
The global semiconductor manufacturing industry entered 2025 with typical seasonal patterns. However, looming tariff threats and evolving supply chain strategies are expected to create atypical seasonality for several industry segments as the year progresses, reports SEMI.
Israeli quantum computing firm Classiq raises $110 million
May 19, 2025
This investment brings Classiq’s total funding to USD 173 million, positioning the company to meet growing demand by significantly scaling its go-to-market, customer success and R&D teams.
Evertiq Expo Malmö – technology, tactics and the ecosystems of tomorrow
May 19, 2025
Once again, the electronics industry gathered at Malmö Arena as Evertiq Expo took place on 15 May. With a total of 556 participants, a strong semiconductor focus on stage, and plenty of discussions around direction and opportunity, this year’s edition proved to be an important one.
Reliance Power to build 500 MW solar project in Bhutan
May 19, 2025
The solar project, to be jointly developed by India’s Reliance Power and DHI, the investment arm of the Bhutanese government, will have a capital outlay of up to USD 235 million.
US nuclear battery maker Zeno Power raises $50 million
May 19, 2025
Zeno has secured over USD 60 million in contracts from the US Department of Defense and NASA to develop nuclear batteries for demanding maritime and space applications, such as seabed infrastructure, highly maneuverable satellites, and lunar landers.
Cognichip secures $33 million to deliver Artificial Chip Intelligence
May 16, 2025
Artificial Chip Intelligence (ACI) fundamentally rethinks 40 years of traditional, serial chip development with a modern, AI-first, conversational design approach, leveraging large-scale, secure, accelerated compute infrastructures.
VFlowTech raises $20.5M, to focus on battery solutions in India
May 16, 2025
The fresh capital will be deployed to scale VFlowTech’s 100 MWh manufacturing plant in India into a full-fledged gigafactory and to enhance the deployment of its vanadium redox flow batteries (VRFB) in India’s renewable energy market.
Quantum Systems raises €160M to boost aerial intelligence solutions
May 13, 2025
German company Quantum Systems’ drones and intelligence systems are currently used by NATO-aligned forces, including those in Germany, Ukraine, Australia, New Zealand and Spain.
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