Here is Read Magazine’s Weekly Roundup of the top news from global markets. In this fast paced world, breaking down information helps readers grasp the nuances that follow the news.
In Aerospace News this week…
United Launch Alliance Successfully Launches Advanced Weather Satellite GOES-T
A United Launch Alliance (ULA) Atlas V rocket carrying the GOES-T spacecraft for the National Oceanic and Atmospheric Administration (NOAA) and NASA lifted off on March 1 at 4:38 p.m. EST from Space Launch Complex-41 at Cape Canaveral Space Force Station.
NASA Promotes Howard Hu to Lead Orion Ahead of First Artemis Mission
NASA has selected Howard Hu as the Orion Program manager where he will be responsible for the design, development, production, and operations of the agency’s Orion. It is poised to make its first un-crewed flight test around the Moon in the coming months.
In Agritech News this week…
Bonnie Plants, the largest grower of vegetable and herb plants for home gardens in the U.S., unveiled a multimillion-dollar expansion and upgrade of greenhouse facilities in Union Springs.
John Deere Acquires Deere-Hitachi Factories, Begins New License and Supply Agreements with Hitachi
John Deere has acquired full ownership of three Deere-Hitachi joint venture factories and has begun new license and supply agreements with Hitachi Construction Machinery. Effective , the two companies have ended their joint venture manufacturing and marketing agreements.
In Automotive News this week…
Hybrid-Fuel Model Legislation Introduced
Legislation sponsored by Assembly members Carol Murphy, Ned Thomson and Annette Chaparro has been introduced allowing for a hybrid fueling model in New Jersey.
Wipro Limited, a leading global information technology, consulting, and business process services company, announced the launch of its “Cloud Car” platform, which will be unveiled during the Engineering the Cloud Car Ecosystem panel at MWC Barcelona.
In news from the Banking, Finance, Securities and Insurance sector this week…
Facepay Announces Facepay Crypto to Bring Cryptocurrency Payments to Auto Shops
Facepay Inc. announced the release of Facepay Crypto, an addition to its pioneering relational payments platform known for freeing business owners from credit card transaction fees and leveraging the security of blockchain technologies.
Wedge Partners with Sila Adding Speed and Security to Smart Debit Card
Wedge, the first smart debit card that lets users pay for everyday purchases with any asset, announced a strategic partnership with Sila Inc., a premier fintech software platform that provides payment infrastructure as a service.
In Energy and Power Sector News this week…
Ultra Safe Nuclear Corporation Sites Pilot Fuel Manufacturing Facility in Oak Ridge, Tenn.
Ultra Safe Nuclear Corporation (USNC) announces the siting of its Pilot Fuel Manufacturing (PFM) operation in Oak Ridge, Tenn. The facility is located on the East Tennessee Technology Park (ETTP), site of Manhattan Project’s K-25 gaseous diffusion plant.
Civitas Closes Bison Acquisition
Civitas Resources, Inc. , a Colorado energy leader and the state’s first carbon neutral oil & gas producer, announced that it has closed its previously announced acquisition of privately held Denver-Julesburg Basin (“DJ Basin”) operator Bison Oil & Gas II, LLC (“Bison”).
In Chemicals News this week…
FMC Corporation Announces Partnership With NSPCA of South Africa
FMC Corporation, an agricultural sciences company, recently announced a three-year partnership with the National Council of Societies for the Prevention of the Cruelty to Animals (NSPCA).
SGX to Develop Price Index for Physical Natural Rubber with HeveaConnect Platform
The Singapore Exchange (SGX) took a strategic stake in HeveaConnect (HC) on 3 March 2021. SGX, as the provider of the global pricing benchmark for natural rubber, aims to strengthen its role as a price discovery center through collaborating with HC.
In IT news this week…
VMware Collaborates with German Universities on Automating Life; VMware’s Path to 6G
VMware, Inc., a leading innovator in enterprise software, unraveled its vision for Automating Life. The vision is underpinned by the fusion of cloud, networking and AI technologies and a belief system structured around equity, sustainability and trust.
BlueCrest Celebrates Launch of New Cloud-based Software Platform, BlueCrest Strata
BlueCrest, the global producer in the high-volume postal and parcel automation market, launches the BlueCrest Strata platform, a cloud-based software offering that delivers solutions on demand.