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…
Volocopter Raises USD 170 million in First Signing of Series E Financing Round
Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion.
L&T Technology Services (LTTS) selected as Global Preferred Engineering Supplier by Airbus Group
L&T Technology Services Limited announced that it has been recognized as a Global Preferred Engineering Supplier for European multi-national aerospace major Airbus, under its EMES3 (Engineering, Manufacturing Engineering and Services Strategic Suppliers) program and has been awarded with a multi-year contract.
In Agritech News this week…
AUM LifeTech, Inc. announced a collaboration with Colorado State University (CSU) on a DARPA-funded project using AUM LifeTech’s self-deliverable RNA Silencing FANA Antisense Oligonucleotides (FANA ASO) technology. The award in the amount of US$ 496,965 will be used to develop non-GMO, non-viral RNA-targeting products for advances in agriculture management and improve disease and insect resistance.
Farmer Direct Organic (FDO), the leading North American manufacturer of nutrient-dense, organic pantry staples announced it is now the leading global supplier of Regenerative Organic Certified™(ROC) grains.
In Automotive News this week…
Utility Trailer Manufacturing Co., the industry’s largest manufacturer of refrigerated trailers and a leading manufacturer of dry freight vans, flatbeds, and Tautliner® curtain sided trailers, announced Phillips Connect as its exclusive partner for trailer telematics with the launch of Utility Connect™
Ford Pro™ is aiming to create a smooth transition for commercial customers into an electric future by providing a one-stop shop for fleet operations and investing in key areas of the business. The latest is the launch of six new home and depot chargers to its end-to-end portfolio of charging solutions.
In news from the Banking, Finance, Securities and Insurance sector this week…
Nissan’s e-4ORCE technology delivers bowl of ramen perfectly
Nissan recently released a video of the Nissan e-4ORCE Ramen Counter project that demonstrates how the company’s latest vehicle control technology can provide a comfortable ride in e-4ORCE-equipped vehicles—and for bowls of noodles.
Vance & Hines Launches New VO2 Falcon 90-Degree Air Intake
Vance & Hines introduced the newest addition to its expanding lineup of air intake products with the announcement of the VO2 Falcon, a 90-degree, high performance intake system with fitments for most late-model Harley-Davidson models.
In Energy and Power Sector News this week…
Air Products to Build Green Liquid Hydrogen Production Facility in Arizona
Air Products , a world leader in the supply, distribution, and dispensing of hydrogen, announced that it will build, own and operate a 10 metric ton per day facility to produce green liquid hydrogen in Casa Grande, Arizona.
Midwestern retailer Meijer announced today its involvement in a utility-scale solar project that will make significant strides toward its recently announced carbon reduction goal
In Chemicals News this week…
Suburban Propane Partners, L.P. Announces Deal to Acquire 25% Equity Stake in Independence Hydrogen
Suburban Propane Partners, L.P. announced it purchased a 25% equity stake in Independence Hydrogen, Inc., a veteran-owned and operated supplier of gaseous hydrogen solutions, for $30.0 million.
o9 Solutions Drives Digital Supply Chain Transformation at Berger Paints
o9 Solutions, a leading enterprise AI-powered platform provider for integrated business planning and decision-making, announced the go-live of its Supply Chain Management Solution for Berger Paints India Limited, one of the largest paint companies in the world.
In IT news this week…
2600Hz Launches Next-Gen End User Application with Built-In Webphone to Enable Work From Anywhere
2600Hz, a leading provider of unified business communications and the award-winning KAZOO platform, unveiled comm.land—a next-gen end user application with a built-in webphone that is designed to empower end user success and the flexibility to work from anywhere with ease.
Trellix and Gotara Announce Partnership to Close Cybersecurity Talent Gap
Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), announced a partnership with Gotara, a global career growth platform for women in STEM+.