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…
HawkEye 360’s Space-Based RF Data and Analytics Now Available on the Global Data Marketplace
HawkEye 360, a leader in space-based radio frequency (RF) data and analytics, is excited to announce its continued collaboration and investment in the Global Data Marketplace. The Marketplace expands HawkEye 360’s market reach, making its advanced data and analytics products accessible to a broader array of users with critical global missions. The Global Data Marketplace is a dynamic hub that connects government entities, academia, and international allies with commercial data vendors.
In Agritech news this week…
Tesseract Ventures Re-Imagines Precision Agriculture with Advanced Ag Drone Technology
The Tesseract Ag Drone is a cutting-edge tool made in the USA to help farmers manage their crops and data more accurately. Using advanced computer vision and optics, this drone gives farmers detailed, real-time information about their fields. When integrated with the Tesseract Synthesis Software, the drone transforms raw data into actionable insights, enabling farmers to make informed decisions with use of 21st century AI tools and easy to use software interfaces.
In Automotive news this week…
Realtruck Acquires Protex, Adding Proprietary Web-based 3d Product Configuration And Augmented Reality Platform
RealTruck, Inc., the premier global manufacturer and marketer of aftermarket accessories and the leading online destination for truck, Jeep®, Bronco®, and off-road enthusiasts, has acquired Protex, the automotive aftermarket industry’s most innovative web-based 3D product configuration and augmented reality (“AR”) platform.
In BFSI news this week…
SEI announced the appointment of Michael Lane as an Executive Vice President and Head of Asset Management
SEI announced that Michael Lane will join SEI on Sept. 16, 2024 as an Executive Vice President and Head of Asset Management, reporting to CEO Ryan Hicke. In his role as a member of the Executive Management team, Lane will be responsible for the business and growth strategy for the company’s Advisor and Institutional businesses in North America, as well as leading SEI’s investment management teams globally.
In Biotech this week…
Analog Devices and Flagship Pioneering Announce Strategic Partnership to Accelerate the Development of a Fully Digitized Biological World
Analog Devices, Inc., a global semiconductor leader, and Flagship Pioneering, the bioplatform innovation company, announced a strategic alliance to accelerate the development of a fully digitized biological world. This partnership will bridge ADI’s expertise in engineering for analog and digital semiconductors with Flagship Pioneering’s expertise in applied biology to foster the discovery of biological insights, new and enhanced measurements, diagnostics, and novel interventions. The partnership represents the opportunity to create breakthrough solutions for human health and sustainability.
In Chemicals news this week…
Cemvita Achieves Significant Milestone in Bioprocess Productivity Unlocking Cheaper, Faster Industrial Biotech
Cemvita, a climate tech company producing sustainable oil from waste, is announcing a major milestone in its production capabilities. Showcasing the groundbreaking science behind its microbial waste-to-oil process, Cemvita has unlocked new efficient technologies that allow for the production of up to 500 barrels per day of sustainable oil from its first commercial plant—a goal originally projected for 2029.
In Defence Technology news this week…
Teledyne FLIR Defense Unveils Non-ITAR Long Range Airborne Imaging System at Farnborough Air Show
Teledyne FLIR Defense, part of Teledyne Technologies Incorporated, unveiled its UltraFORCE® 380-HDc imaging system at the Farnborough International Air Show. The new long-range airborne surveillance solution is not subject to International Traffic in Arms Regulations (ITAR), easing shipment and freedom of movement to customers outside the United States.
In Energy, Power and Sustainability news this week…
Genpact and Reworld Announce Synergistic Partnership to Drive Sustainability and Efficiency
Genpact, a global professional services and solutions firm delivering outcomes that shape the future, and Reworld, a leading sustainable waste solutions company, announced a strategic partnership. This partnership exemplifies how sustainability and optimization can go hand in hand, leveraging each other’s strengths to achieve shared goals.
In Food & Beverage this week…
Square Joins US Foods CHECK Business Tools Program to Help Restaurants Save Time and Money Through Powerful Technology
Square announced a new collaboration with US Foods, a leading foodservice distributor in the United States. For over a decade, hundreds of thousands of food and beverage businesses have relied on Square to power their operations. As the foodservice industry evolves and competitive pressures increase, this collaboration with US Foods will accelerate restaurants’ ability to adopt Square’s truly differentiated technology designed to help them grow and succeed.
In Healthcare this week…
Modivcare Expands Partnership with BayCare to Enhance Community Health Initiatives
Modivcare Inc, a healthcare services company integrating technology into personalized care experiences, focused on improving health outcomes, announces the expansion of its relationship with BayCare Health System. As a leading community-based health system in West Central Florida, BayCare is committed to meeting the wide-ranging health needs in every community it serves and is leveraging Higi, a Modivcare service, in those efforts.
In Information Technology this week…
CompQsoft Appoints Beth Barnes as Chief Digital Officer
CompQsoft, a leading IT services and digital engineering partner for the Government and Commercial sectors, announced the appointment of Beth Barnes as its Chief Digital Officer.
Beth will spearhead CompQsoft’s digital strategy and provide strategic guidance on leveraging Microsoft’s three cloud platforms—Azure, Microsoft 365, and Dynamics 365—to unlock customer value through digitalization, automation, and innovation.
In Internet Of Things (IOT) this week…
Nozomi Networks Delivers World’s First Security Sensor Embedded in Industrial Control Systems
Nozomi Networks Inc., the leader in OT and IoT security, announced the industry’s first OT and IoT security sensor that runs embedded in Mitsubishi Electric programmable logic controllers (PLCs). With Arc Embedded, security and operations teams gain previously unavailable visibility at the process level of their industrial automation equipment and field assets as well as the ability to analyze and deter process level threats and malicious user activity without impacting current resources or disrupting mission-critical networks
In Logistics and Supply Chain this week…
Cart.com Launches Constellation Warehouse and Transportation Management Systems (WMS and TMS) to Drive Efficiency Across Fulfillment Operations
Cart.com, a leading provider of unified commerce and logistics software and services, announced the launch of Constellation WMS and Constellation TMS, making the company’s proprietary warehouse and transportation management systems available as standalone offerings. These modules join Constellation OMS, Cart.com’s distributed order management system, which is already available as a standalone software-as-a-service offering.
In Materials this week…
Wildcat and Austin Elements Partner to Close the Loop on LFP/LMFP Battery Recycling
Wildcat Discovery Technologies, a leading US cathode producer, and Austin Elements Inc., a leading US critical minerals recycler and sustainable LFP precursors producer, announced the signing of a Memorandum of Understanding (MOU) to collaborate on closing the loop for Lithium (Manganese) Iron Phosphate (L(M)FP) batteries.
In Madical devices this week…
Soterix Medical Announces FDA 510(k) Clearance of MEGA-IOM Intraoperative Neuromonitoring System
Soterix Medical Inc., the global leader in stimulation and synergistic monitoring technologies, announced it has received a 510(k) clearance from the U.S. Food & Drug Administration for its Intraoperative Neurophysiologic Monitoring (IOM) system, MEGA-IOM. The system provides unmatched integrated control of central and peripheral nervous systems to reduce postoperative risk and improve surgical outcomes.
In Retail this week…
Relevant Industrial Launches Innovative E-Commerce Platform, Transforming the B2B Industrial Equipment Purchasing Experience
Relevant Industrial, a leading national distributor of industrial equipment for premier brands such as Honeywell, Parker, and Ingersoll-Rand, is proud to announce the launch of its state-of-the-art e-commerce platform. This new platform is designed to revolutionize the industrial purchasing experience by providing customers with a seamless, efficient, and user-friendly way to procure industrial equipment and custom engineered solutions.
In Semiconductor & Electronics this week…
Intel Names Naga Chandrasekaran to Lead Foundry Manufacturing and Supply Chain
Intel Corporation announced the appointment of Dr. Naga Chandrasekaran as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization. Chandrasekaran joins Intel from Micron, where he served as senior vice president for Technology Development. He will be a member of Intel’s executive leadership team and report to CEO Pat Gelsinger.
Article of the Week
Robotics in Electronics: Benefits, Types, Applications
