US startup Varda raises $187 million to make drugs in space
July 11, 2025
Due to the lack of gravity, materials such as the active pharmaceutical ingredients in medicines crystallize differently than they would on Earth, creating novel drug formulations that would otherwise be impossible.
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DNV, ACCIONA collaborate on sustainable battery storage solutions
July 10, 2025
In partnership with second-life BESS integrator Beeplanet, ACCIONA has developed a 1 MW prototype stationary storage unit using repurposed batteries. DNV is conducting a comprehensive review of the prototype’s design and overall second-life BESS strategy.
Be.EV inks $27M deal to power up Schroders’s UK retail portfolio
July 10, 2025
The £20 million (USD 27 million) investment will see UK EV charging network Be.EV fully fund the installation and maintenance of state-of-the-art charging solutions at sites managed by five Schroders Capital real estate funds.
Daimler Truck to cut 5,000 jobs in Germany by 2030
July 09, 2025
The German vehicle manufacturer said the cuts are part of an efficiency drive to reduce recurring annual costs by over €1 billion by 2030. Daimler has about 35,500 employees in Germany.
China’s INV New Material launches $750M battery plant in Malaysia
July 09, 2025
The newly launched facility will produce wet-processed and coated lithium-ion separators – an essential component in EV battery manufacturing.
Singapore launches innovation hub for gallium nitride semiconductors
July 08, 2025
The centre brings advanced GaN manufacturing capabilities to Singapore, positioning local innovators to compete in high-growth global markets such as advanced 5G and 6G communication systems, radars and satellite communications.
Toshiba develops tech to reduce losses in SiC trench MOSFETs, SiC SBDs
July 07, 2025
These advances are expected to greatly improve the reliability and efficiency of devices used in power conversion applications, such as electric vehicles and renewable energy systems.
BMW recalls over 70,000 EVs in US for power loss risk
July 07, 2025
According to the National Highway Transportation Safety Administration (NHTSA), the “electric drive motor software may shut down the high-voltage system, causing a loss of drive power."
US startup Impulse raises $300 million to enhance in-space mobility
July 07, 2025
With over 30 signed contracts and growing interest from every sector, Impulse will use the funding to scale and execute a backlog of missions that require faster, more flexible, and more cost-effective in-space mobility.
Kaga Toshiba and Himeji Semiconductor introduce off-site PPA model
July 04, 2025
Toshiba Devices & Storage Group is promoting measures to advance the achievement of carbon neutrality. It aims to achieve net-zero greenhouse gas emissions from all its manufacturing sites by fiscal year 2030.
U Power teams up with Beijing Foton to advance battery swapping
July 04, 2025
U Power will provide technological support to enable incorporation of battery-swapping capabilities on Beijing Foton vehicles, development and testing of battery-swapping stations to serve electric vehicle models, as well as connection of vehicles with its battery-bank ecosystem.
Turntide bags Hitachi order to power first battery trains built in UK
July 04, 2025
Hitachi will place orders worth nearly £10 million (about USD 13.6 million) with Turntide Technologies to continue R&D and supply LFP batteries. This commitment creates valuable backlog and pipeline for Turntide over the coming years and will result in the expansion of their Gateshead facility.
HAL wins bid to make small satellite launch vehicles
July 04, 2025
SSLV, the smallest rocket developed by Indian Space Research Organisation (ISRO), is capable of carrying up to 500 kg payload to low-Earth orbit and can be assembled quickly for commercially launching small and nano satellites.
Kalmar launches next-generation lithium-ion battery technology
July 03, 2025
Building on the success of its previous Li-ion solution, Kalmar’s Gen 2 battery technology has been developed to meet the growing demands of customers seeking safer, more efficient and more sustainable cargo-handling solutions.
Electrovaya receives additional $6.3 million order with major company
July 03, 2025
The batteries will be used by a leading Fortune 100 e-commerce company in the United States for powering material handling electric vehicles in multiple distribution centers.
Parker Hannifin acquires Curtis Instruments for $1 billion
July 03, 2025
Curtis designs and manufactures motor speed controllers, instrumentation, power conversion and input devices that complement Parker’s strength in electric vehicle motors, hydraulic and electrification technologies.
Axiom partners with India’s Skyroot to advance space exploration
July 03, 2025
This collaboration further reinforces the growing cooperation between Axiom Space and the Indian space sector. Axiom Mission 4 (Ax-4), which launched June 25, marks India’s return to human spaceflight and the nation’s first mission on board the International Space Station.
LG acquires Norway’s OSO to strengthen HVAC portfolio
July 02, 2025
This integration will further enhance LG’s ability to deliver complete HVAC solutions, strengthen its competitiveness in Europe and support its broader global expansion strategy.
Mitsubishi Fuso-Hino merger: 4 firms collaborate to boost Japan’s automotive sector
July 02, 2025
The four firms agreed to collaborate based on a shared desire to create the future of commercial vehicles and will work together to address issues involving commercial vehicles, such as carbon neutrality and logistics efficiency.
Moog enhances space actuation and avionics manufacturing capabilities
July 02, 2025
This customer-focused expansion at Moog headquarters in East Aurora addresses the growing need for innovative precision actuation and avionics systems to control and steer launchers, making a difference for critical national security missions and delivering satellites and human crews to space.
Volektra partners with Jendamark to boost magnet-free electric motor tech
July 02, 2025
This collaboration designates Jendamark as the partner for industrializing and deploying production lines based on Volektra’s patented Virtual Magnet Motor (VMM) platform.
Toshiba introduces 2-channel automotive high-speed digital isolators
July 02, 2025
The devices ensure the safety and reliability of the on-board charger (OBC) and battery management system (BMS) used in hybrid electric vehicles (HEVs) and electric vehicles (EVs).
Lyten acquires Northvolt's Polish manufacturing operation
July 01, 2025
Lyten, a US-based manufacturer of lithium-sulfur batteries, will acquire Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square metre battery energy storage systems (BESS) manufacturing and R&D facility.
Schneider Electric to develop manufacturing plant in Tamil Nadu
June 30, 2025
The 500,000 square feet facility will focus on expanding Schneider’s IT Business’ capabilities in the production, sales and trading of BMS, including UPS systems, PDU, cooling solutions and other electronic accessories.
Safran, Saft to co-develop high voltage battery system for aviation
June 27, 2025
Thanks to the combined expertise of Safran and Saft, the system incorporates high performance lithium-ion cells, cutting-edge technologies in thermal runaway containment, system management, and safety-related algorithms, ensuring the highest safety standards.
Sierra Space opens new solar array facility in Colorado
June 26, 2025
Sierra Space has inaugurated a new manufacturing facility in Colorado to ramp up production of its SMT solar power systems, including components for national defense applications.
BatX gets government backing for commercialization of recycling tech
June 25, 2025
Indian startup BatX Energies has developed a proprietary low-temperature, low-pressure hydrometallurgical process that is agnostic to lithium-ion battery chemistries. Its dual-mode black mass recovery tech ensures high separation efficiency and recovery rates of up to 97–99%.
Bharat Forge partners with Turgis Gaillard to make AAROK UAV in India
June 24, 2025
AAROK carries out intelligence, surveillance and reconnaissance missions using high-performance optronic and electromagnetic sensors.
CATL, APM partner to advance energy transition of terminals industry
June 23, 2025
Combining CATL’s advanced energy technologies with APM Terminals’ global terminal network and supply chain expertise, this partnership aims to create industry-leading solutions for battery-electric container handling to reduce greenhouse gas emissions in the industry.
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.
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