Gixel raises €5M to advance AI and AR wearable tech
August 18, 2025
German startup Gixel’s optical engine delivers smartphone-level image quality in a form factor small enough for normal-looking glasses—without the compromises of waveguides. Designed for all-day wear, Gixel’s tech is more power-efficient, scalable and future-proof.
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Oxford Ionics delivers quantum computer to the NQCC
August 18, 2025
QUARTET, a full-stack, trapped-ion quantum computer that leverages Oxford Ionics’ proprietary Electronic Qubit Control technology, has now been installed in the National Quantum Computing Centre’s (NQCC) quantum data centre at its Harwell campus.
GRIDSERVE raises $135 million to advance EV charging in UK
August 18, 2025
Alongside existing equity and debt facilities, the capital, committed by TPG, Infracapital and Mitsubishi, will support GRIDSERVE in capitalising on long-term opportunities as it continues to accelerate the rollout of high power charging infrastructure across the UK’s busiest roads.
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.
GF expands partnership with Apple
August 14, 2025
GlobalFoundries has entered into an agreement with Apple for a deeper collaboration aiming to advance semiconductor technologies and strengthen US manufacturing.
Magnachip CEO steps down as company weighs potential sale
August 14, 2025
Magnachip Semiconductor's CEO YJ Kim will step down from his role and the company's board of directors, effective immediately, as the board considers “all strategic alternatives,” including a potential sale. Board Chairman Camillo Martino has been appointed interim CEO.
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.
Report: GM to import EV batteries from China’s CATL
August 08, 2025
The arrangement is a stopgap for the Detroit automaker in the next two years as it works to manufacture its own low-cost lithium iron phosphate (LFP) batteries, the Reuters report says.
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.
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.
onsemi to set up research centre for wide bandgap materials
August 07, 2025
onsemi plans to invest USD 8 million with Stony Brook University to establish a wide band gap research centre that will advance innovation in power semiconductors and foster the next generation of professionals in this field.
LS ELECTRIC, GE Vernova sign MOU to localize converter equipment
August 06, 2025
Having already achieved localization of HVDC conversion transformers (CTR), LS ELECTRIC plans to embed GE Vernova’s advanced technology in converter valves to complete the localization of voltage-source conversion facilities.
Farnell strengthens partnership with Toshiba
August 05, 2025
Farnell has strengthened its long-standing partnership with Toshiba by introducing a range of new Toshiba products now available through Farnell Japan.
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.
Indian drone startup Zuppa raises $1.5M in bridge round
August 05, 2025
The company’s offerings include EDGE and NavGati, two System On Modules (SOMs) that power various applications, from IoT and connected mobility to drones and 5th Generation defence systems.
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.
Isuzu’s first battery-electric pickup D-MAX EV adopts eAxle
August 04, 2025
The newly installed product combines the newly developed eAxle front and rear with a full-time 4WD system, contributing to both the tough basic performance required for pickup trucks and the linear acceleration and low noise and vibration characteristic of BEVs.
Peak Energy delivers grid-scale, sodium-ion BESS in US
August 01, 2025
With a design that eliminates all moving parts, including active cooling and ventilation components, Peak Energy’s NFPP grid storage battery architecture eliminates the most common failure modes in typical battery storage systems, increasing reliability and reducing operating and maintenance costs.
LS Electric partners with Naver on AI-based power, data center solutions
August 01, 2025
The two South Korean companies plan to introduce AI agents by integrating Naver’s AI models into LS Electric’s power equipment diagnostic solution, enhancing customer convenience by enabling unskilled personnel to easily manage power equipment.
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.
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%.
US firm Nextracker launches new AI and robotics business
July 31, 2025
The launch of Nextracker’s new AI and robotics business initiative is anchored by the appointment of its first chief AI and robotics officer and a series of strategic technology acquisitions.
Tata Power signs 120 MWh BESS agreement with NHPC
July 30, 2025
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.
Semiconductors get magnetic boost with new method from UCLA researchers
July 30, 2025
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%.
SUNOTEC, Sungrow sign 2.4 GWh battery storage agreement
July 30, 2025
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.
Hadrian raises $260 million to build AI-powered factories in US
July 29, 2025
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.
Godrej’s aerospace unit signs manufacturing deal with Pratt & Whitney
July 28, 2025
The agreement will significantly expand Indian group Godrej’s offerings in aircraft engine applications, both in terms of technology and production volumes.
$20M semiconductor research facility coming to Stony Brook University
July 28, 2025
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.
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