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…
Capella Space to Launch Two Acadia Satellites with SpaceX
Capella Space Corp., an American space tech pioneer with data and satellite solutions for government and commercial use, and a leader in the Earth observation industry, announced that two Acadia satellites, Acadia-4 and Acadia-5, will launch with SpaceX in 2024.
In Automotive news this week…
The automotive technology company Veoneer announced that it has entered into an agreement with an investment fund managed by American Industrial Partners (“AIP”), for the acquisition of Veoneer’s Restraint Control Systems business from SSW Partners LP (“SSW”).
In BFSI news this week…’
Streamlining Payment Processing in Appraisal Management with Connexions
Connexions, a leading appraisal management software provider in the United States, announced its payment processing, streamlining appraisal management. Payment processing is a critical aspect of operations and involves navigating a variety of challenges, such as managing extensive administrative tasks, ensuring streamlined workflows, and maintaining transparent and efficient financial transactions.
In Biotechnology news this week…
Immunitas Therapeutics, a clinical stage precision immunotherapy company committed to discovering and developing novel, differentiated therapeutics for patients with cancer, announced the appointment of James Wooldridge, M.D., as Chief Medical Officer (CMO).
In Defence Technology news this week…
MSA Safety awarded $35 Million Breathing Apparatus Contract with U.S. Air Force
MSA Safety, Inc. announced it was awarded a $35 million contract with the U.S. Air Force to provide its air base fire brigades with new respiratory protective equipment. The contract covers the supply of MSA’s G1 Self-Contained Breathing Apparatus (SCBA) model along with related facepieces, chemical warfare component (CWC) masks, and supplied-air respirator (SAR) kits, which enable the SCBA to be used as a longer-duration airline device.
In Energy, Power and Sustainability news this week…
ABB Applauded by Frost & Sullivan for its Market-Leading Position in Emissions Monitoring
Recently, Frost & Sullivan assessed the emission monitoring systems market, and based on its findings, recognizes ABB with the 2023 Global Company of the Year Award in the emission monitoring systems industry. ABB is a global technology leader that optimizes performance by integrating automation and digitalization into its extensive product portfolio to secure a more sustainable and resource-efficient future.
In Healthcare this week…
Caresyntax Announces Strategic Collaboration with AAICO to expand AI-based solutions in healthcare
Caresyntax has entered into a strategic collaboration with The Applied AI Company, a leading AI technology company, to distribute novel software and artificial intelligence solutions throughout the UAE, USA, and Europe. With this strategic engagement, the companies will combine their healthcare datasets and delivery resources to offer bundled software and services solutions to healthcare companies and insurance companies in these markets.
In Information Technology this week…
In Internet Of Things (IOT) this week…
Mouser Electronics Unveils Technical Resource Site for Engineering Smart Home Devices
Mouser Electronics, Inc., the New Product Introduction leader™ empowering innovation, explores how to seamlessly connect, control, and automate all our home devices with its all-encompassing Smart Home resource center. Mouser makes it easy and accessible to navigate complex networks including Matter, Thread, and Wi-Fi 6, helping electronic design engineers keep up with the latest trends. Smart home systems that were once siloed can be designed to work together.
In Logistics and Supply Chain this week…
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterprise network, has released its fourth-quarter product update for 2023. As ongoing complexities disrupt the balance of supply and demand and the movement of goods, e2open’s latest technology release provides companies with the deeper level of visibility needed to anticipate challenges before they happen, and the ability to proactively respond with timely execution.
In Retail this week…
Syrup Secures $17.5M to Help Retailers Accurately Predict and Meet Consumer Demand with AI
Syrup, which provides AI-powered planning, buying, and inventory optimization for omnichannel commerce, announced its Series A fundraise. The $17.5M round is led by Accel Partners with participation from existing investors Gradient Ventures and 1984 Ventures.
In Semiconductor & Electronics this week…
Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, has delivered two optical PAM4 digital signal processors (optical DSPs) to enable cloud operators to serve the exploding demand for AI, accelerated computing and cloud services by optimizing the performance, bandwidth and efficiency of the optical links connecting data infrastructure.
InFOOD & BEVERAGE this week…
McDonald’s Corporation and Google, announced plans for a new multi-year, global partnership to connect Google Cloud technology across thousands of its restaurants worldwide. This partnership is a significant step for McDonald’s in advancing its restaurant technology platform to become the most sophisticated and productive in the industry. McDonald’s plans to leverage a wide range of Google Cloud’s hardware, data, and AI technologies to implement innovation faster and create even better experiences for its customers, restaurant teams, and employees.
In MEDICAL DEVICES this week…
Biocare Medical, a leader in immunohistochemistry (IHC) and in situ hybridization (ISH) diagnostics, is proud to introduce the intelliPATH+ Advanced Staining Instrument. This state-of-the-art upgrade solidifies Biocare Medical’s dedication to superior automated IHC staining processes and marks a significant expansion of its advanced, automated staining portfolio, which includes the acclaimed ONCORE Pro and ARC Decloaking Chamber.
Article of the Week
A Beginner’s Guide to Ballistic Missile Defense Technologies
In a world where security is paramount, ballistic missile defense is emerging as a shield against potential airborne threats. Imagine it as the ultimate guardian, equipped with sophisticated systems and cutting-edge technologies, working tirelessly to detect, track, and intercept incoming ballistic missiles. Let’s dive in and learn everything about it.Ballistic missile defense refers to the use of systems and technologies designed to detect, track, and intercept incoming ballistic missiles to protect a given area or target.