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…
Schaeffler and Spire Global Partner to Build European Space Infrastructure
Schaeffler, a leading international industrial and automotive supply company, and Spire Global, a leading service provider in space technology, signed a historic strategic cooperation agreement.
In Automotive news this week…
Stellantis and Qualcomm Expand Strategic Alliance to Power Next-Gen Vehicles via Digital Chassis Driver Assistance
Stellantis N.V. and Qualcomm Technologies, Inc. have signed a significant expansion in their technology partnership. The partnership would incorporate Qualcomm’s Snapdragon® Digital Chassis system-on-chips.
In BFSI news this week…
Veriten Announces $105 Million Initial Close of Fund II to Accelerate Scalable Technology Solutions in Energy, Power and Industrial Applications
Veriten, a research, strategy and investment firm, announced the initial close of its second flagship energy venture fund with over $105 million in capital.
In Biotechnology news this week…
Volta Labs launches automated library preparation solution for the Oxford Nanopore Ligation Sequencing Kit V14
Volta Labs, maker of the Callisto™ Sample Prep System, announced the availability of its DNA Library Preparation Application for the Oxford Nanopore Technologies.
In Defense Technology news this week…
Parker to Acquire CIRCOR’s Commercial and Defense Aerospace Business
Parker Hannifin Corporation entered into a definitive agreement to purchase the Commercial and Defense Aerospace business of CIRCOR International, Inc. for $2.55 billion in cash.
In Energy, Power & Sustainability news this week…
Infineon Joins NVIDIA MGX AI Factory Ecosystem to Revolutionize 800 VDC Power Architecture for AI Server Racks
Infineon Technologies AG, a world leader in power systems and Internet of Things (IoT) semiconductors, revealed that it has become a part of the NVIDIA MGX™ AI Factory network.
In Healthcare news this week…
CareCloud Acquires Empower Healthcare & Compliance Partners to Expand AI-Driven Healthcare Compliance
CareCloud, a provider of AI-powered healthcare technology and revenue cycle management solutions, has acquired Empower Healthcare & Compliance Partners, LLC.
In Information Technology news this week….
Aimotion and Google Cloud Collaborate to Scale AI-Driven Automotive Marketing
Aimotion-an AI company specializing in automotive marketing and customer acquisition for high-ticket, long-decision-cycle industries-shared its latest collaboration outcomes with Google Cloud.
In Logistics and Supply Chain news this week…
Geotab Joins Freight Fraud Prevention Hub to Enhance Supply Chain Security
Geotab Inc., which provides services for connected operations, video telematics, and AI-enabled fleet insights, has partnered with the Freight Fraud Prevention Hub (FFPH).
In Materials news this week…
MotorOne Signs Exclusive Partnership with Leading Korean Dash Cam Manufacturer FINEDIGITAL
MotorOne has entered into an exclusive partnership with FINEDIGITAL, one of Korea’s leading dash cam manufacturers.
In Medical Device news this week…
DOSIsoft Launches DOSIsoft Theranostics, a Dedicated Entity to Accelerate Software Innovation for Personalized Nuclear Medicine and Theranostics
DOSIsoft, a leading provider of dosimetry software for radiation oncology and nuclear medicine, announced the launch of DOSIsoft Theranostics.
In Retail news this week…
Hanshow and Sklavenitis Partner to Deploy Nationwide Digital Shelf Infrastructure
Hanshow, a prominent global pioneer in digital retail solutions, announced a massive commercial collaboration with Hellenic Hypermarkets Sklavenitis S.A.
In Semiconductors and Electronics news this week…
Cadence and Samsung Foundry Form Alliance for AI Infrastructure and Physical AI
Cadence Design Systems, Inc., and Samsung Foundry is introducing a fully-certified and sign-off ready EDA and SDA platform designed for its second-generation 2nm technology and sophisticated 3D-IC packaging.
Article of the Week…
How Does the Electric Vehicle Battery Recycling Process Support the Future of Sustainable Mobility?
Every ton of recovered lithium kind of eases the pressure on brand new mining projects, in practice. Every recycled battery, also lowers the dependence on fresh extraction especially in regions that are politically touchy or environmentally fragile. That’s why the electric vehicle battery recycling process is, slowly but surely becoming part of national industrial policy talks, not only sustainability reports and such.
