Zelestra, EDP sign solar + BESS hybrid PPA in Spain
August 15, 2025
This agreement will allow Zelestra to build a project consisting of 170 MWdc of solar capacity and 400 MWh of battery storage in Extremadura, Spain.
Ad
TXR, iRAYPLE partner to advance robot automation technology
August 15, 2025
TXR Robotics will combine its robot control (FMS) and SLAM-based autonomous driving technology with iRAYPLE’s high-precision machine vision to implement ‘intelligent robot automation solutions’ optimized for industrial sites through technical cooperation and localization.
Nozomi, Schneider deliver security sensor embedded in RTUs
August 15, 2025
With Nozomi Arc Embedded in Schneider SCADAPack 47xi Smart remote terminal units (RTUs), security and operations teams gain previously unavailable visibility at the control device layer of their industrial automation equipment and field assets.
PTC, Kineco to co-develop aerospace components and structures
August 15, 2025
The collaboration between the two Indian companies brings together PTC’s expertise in high-integrity castings and materials like titanium and superalloys and Kineco’s capabilities in lightweight composite structures for aerospace and defence applications.
Exail to supply navigation systems for naval UUVs to US firm
August 15, 2025
Offering precise navigation capabilities, the Phins Compact Inertial Navigation System (INS) ensures reliable performance in demanding environments and remains resilient to external signal disruptions.
Eutelsat, Tata’s Nelco to offer LEO connectivity across India
August 14, 2025
Under the agreement, OneWeb India Communications, Eutelsat’s local operating entity, will partner with Nelco to deliver secure, low-latency Low Earth Orbit (LEO) connectivity for customers on land, at sea, and in the air.
Leadership change at Koh Young Europe
August 13, 2025
Koh Young Europe (KYE) has announced a leadership change as Harald Eppinger steps down from his role as General Manager, a position he has held for 16 years.
Precoplat and MicroCirtec Merge
August 12, 2025
Precoplat Präzisions-Leiterplatten-Technik GmbH and MicroCirtec Micro Circuit Technology GmbH have officially merged as of August 1, 2025.
Artifex Interior Systems to acquire IAC Slovakia
August 12, 2025
Artifex Interior Systems is the British subsidiary of India’s Tata AutoComp. This acquisition enhances Artifex’s existing offerings, marks the beginning of its European expansion, and supports its ambitious growth plans to become the valued partner of choice.
FuriosaAI closes $125M round to scale production of AI inference chip
August 11, 2025
The new funding will be used to accelerate mass production of Furiosa’s RNGD chip to support global enterprise customers and lay the groundwork for development of Furiosa’s next-generation chip.
China’s Sungrow deploys 60MWh BESS in Finland
August 11, 2025
The BESS project is located less than 100 km south of the Arctic Circle and is made up of 26 Sungrow PowerTitan battery containers. With a power output of 30MW and a storage capacity of 60MWh, this installation will play a vital role in stabilizing the local grid.
QuamCore raises $26M to build 1-million-qubit quantum computer in single cryostat
August 11, 2025
QuamCore has developed a fully designed and simulated architecture capable of scaling to 1 million qubits — in a single cryostat. This milestone fundamentally changes the economics of quantum computing by eliminating the need for massive multi-cryostat infrastructure.
Jeh raises $11M to advance next-gen aerospace manufacturing
August 11, 2025
Jeh Aerospace, a startup with operations in the US and India, is building precision manufacturing powered by software-defined manufacturing. It leverages friend-shoring to combine access to the US market with India’s talent pool.
Zapi expands electric drive charging with acquisition of Stercom
August 08, 2025
This expansion in capabilities reinforces Italy-based Zapi Group’s expertise in electric drive and industrial automation solutions that will accelerate innovation and deliver more comprehensive solutions to the market.
Cyient enters into strategic channel agreement with GlobalFoundries
August 08, 2025
As a channel partner, India’s Cyient Semiconductors will provide companies with fabrication access, technical consultation, design enablement, assembly, testing, and other value-added services to accelerate innovation and reduce time-to-market.
Firefly wins $177M NASA contract for mission to Moon’s South Pole
August 08, 2025
The mission will utilize Firefly’s Elytra orbital vehicle and Blue Ghost lunar lander to enable payload operations that include evaluating the Moon’s south pole resources, such as hydrogen and water, and studying the radiation and thermal environment.
Ventec breaks ground on new Thai factory – mass production scheduled for 2026
August 07, 2025
Ventec International Group has officially broken ground on a new manufacturing facility in the Hi-Tech Industrial Park in Ayutthaya, Thailand. Covering approximately 35,000 square meters, the plant is strategically located about an hour from both Bangkok Airport and the port.
Tata AutoComp, Ichikoh form JV to acquire Valeo’s lighting business
August 06, 2025
Tata and Ichikoh are in talks to finalise an agreement to acquire Valeo Lighting Systems (VLS), a business unit of Valeo India Private Limited.
Rebeca Obregon: Turning Farnell around by reclaiming the power of people and partnerships
August 05, 2025
In a recent conversation with Evertiq, Rebeca Obregon, President of Farnell, reflected on her first year in the role, Farnell’s strategic evolution, and the role of culture, technology, and resilience in shaping the future of electronics distribution.
Exception PCB returns to British ownership
August 05, 2025
Wright Industries has acquired Exception PCB Ltd, bringing the PCB manufacturer back into UK ownership. The company will operate as part of the Connexion Technologies group, which is owned by Wright Industries.
Cicor completes acquisition of Spanish company MADES
August 04, 2025
MADES employs around 100 people and generated sales of approximately EUR 29 million in the 2024 financial year. The company focuses on electronics solutions for the A&D market, which accounts for the majority of its revenue.
Swift secures $50M to enhance adoption of accurate satellite positioning
August 04, 2025
Traditional Global Navigation Satellite Systems (GNSS), such as GPS, provide positioning with an accuracy range of 3 to 10 meters. Swift’s Skylark Precise Positioning Service is a cloud-based service that corrects errors in GNSS signals, improving accuracy by 100x—to centimeter level.
Nauticus signs Master Services Agreement with Advanced Ocean Systems
August 04, 2025
The agreement is structured around an ongoing, multi-year commitment that is expected to see the two organizations collaborate on a range of projects designed to accelerate the integration of subsea robotics and autonomous systems, delivering new efficiencies to offshore industry operations.
India’s Amber Group acquires ‘controlling stake’ in Unitronics
August 04, 2025
Amber Group's subsidiary ILJIN Electronics India has entered into a definitive agreement to acquire approximately 40.24% of the issued and outstanding share capital of Unitronics.
Trump’s new tariffs trigger confusion across the globe
August 01, 2025
Economists estimate the overall tariff rate on US imports at around 15% compared to the roughly 2% at the start of the year. This makes it the highest level since the 1930s. However, in a hint that Trump was open to further negotiations, the White House said that the new measures will take effect in a week.
Rigaku launches XTRAIA XD-3300 mass production for chip market
August 01, 2025
XTRAIA XD-3300 is capable of performing of direct, non-destructive diffraction measurements of superlattice structures with the highest resolution on microscopic pads on wafers.
Altilium secures $1.3M to advance circular EV battery supply chain
August 01, 2025
The funding will fast-track the development of a functioning prototype designed specifically for safe, sustainable and cost-efficient collection and transportation of large volumes of end-of-life EV batteries, supporting the development of a circular economy for EV batteries in the UK.
Asylon secures $24 million to enhance automated security
August 01, 2025
This new capital will power Asylon’s next phase of growth—accelerating product innovation, scaling deployments, and expanding its position as the go-to provider of robotic security services across commercial and government sectors.
Schneider Electric to take full ownership of India unit for €5.5 billion
July 31, 2025
Schneider Electric will acquire the remaining 35% of Schneider Electric India Private Limited (SEIPL) from Temasek for an all-cash consideration of €5.5 billion. This transaction represents the next step in Schneider’s strategic investment focus on India.
Teramount raises $50M to advance optical connectivity solutions for AI
July 31, 2025
Israeli company Teramount’s TeraVerse solution is a detachable, serviceable connector that links optical fibers coming from outside the rack to the silicon photonics chips inside Co-Packaged Optics (CPO) systems.
European components distribution slowdown continues in 2nd quarter
July 31, 2025
Semiconductor distribution sales in Europe experienced a significant decline of 14%, amounting to €2.20 billion. Among the major countries, Austria faced again the steepest drop with a decrease of almost 37%, followed by France with a reduction of 20%.
Load more news