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…
Sierra Space, Honda, and Tec-Masters Collaborate to Pioneer Sustainable Energy Solutions Aboard the ISS
Sierra Space, a leading commercial space and defense technology company, has announced a strategic collaboration with Honda and Tec-Masters to advance clean energy solutions through space-based innovation.
In Automotive news this week…
Infineon to Acquire Marvell Technology’s Automotive Ethernet Business, Advancing Leadership in Software-Defined Vehicles
Infineon Technologies AG has entered into a definitive agreement to acquire Marvell Technology’s Automotive Ethernet business for US$2.5 billion in cash, a move that significantly enhances its position in the fast-evolving market for software-defined vehicles.
In BFSI news this week…
Vaulta and Virgo Announce Strategic Partnership for VirgoPay Cross-Border Payments Solution
Vaulta, a scalable operating system that powers Web3 Banking with fast, low-cost transactions and seamless blockchain connectivity, announced a strategic partnership with VirgoCX Global Holdings (Herein Virgo).
In Biotechnology news this week…
Precision for Medicine Collaborates with SOPHiA GENETICS to Advance Biomarker Discovery and Clinical Trial Innovation Using SOPHiA DDM™
Precision for Medicine, a leading provider of integrated drug development and commercialization solutions, announced a strategic partnership with SOPHiA GENETICS, a global leader in data-driven medicine.
In Defence Technology news this week…
AAR, KIRA establish KALS LLC joint venture, awarded E-6B contract by U.S. Navy
AAR CORP, a leading provider of aviation services to commercial and government operators, has formed a joint venture, KALS LLC, with KIRA Aviation Services under the federal government’s Small Business Administration Mentor-Protégé Program.
In Energy Power Sustainablity news this week…
Mapbox and Kraken Modernize Utility Operations with AI-Powered Logistics
Mapbox, the leading platform for location intelligence, is partnering with Kraken, the world’s only proven, end-to-end operating system for utilities’ digitalization and transformation, to modernize field service operations.
In Food And Beverages news this week…
GrubMarket Acquires Delta Fresh Produce, a Leading Provider of Mexican-Grown Produce to Major U.S. Grocery and Food Service Companies
GrubMarket, the AI-powered technology enabler and digital transformer of the American food supply chain industry, as well as one of the largest private food eCommerce companies globally, announced it has completed the acquisition of Nogales, AZ-based Delta Fresh.
In Logistics and Supply Chain news this week…
Fincantieri and Accenture Launch Fincantieri Ingenium to Drive Digital Transformation Across Maritime and Defense Sectors
Fincantieri, a global leader in advanced shipbuilding, and Accenture, one of the world’s foremost professional services firms, have announced the formation of a new joint venture: Fincantieri Ingenium.
In Materials news this week…
Graco Enhances QUANTM™ EODD Pump Line with Lighter Design
Graco, a global leader in fluid handling solutions, has announced key enhancements to its QUANTM™ Electric Double Diaphragm (EODD) Pump line, reinforcing its commitment to helping industrial facilities modernize and automate operations.
In Retail news this week…
Lightspeed Unveils Seasonality Forecasting To Help Retailers Increase Profit and Reduce Days Out of Stock
Lightspeed Commerce, the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, announced the launch of powerful new retail features in Lightspeed Insights.
In Semiconductors and Electronics news this week…
ROHM Develops Class-Leading* Low ON-Resistance, High-Power MOSFETs for High-Performance Enterprise and AI Servers
ROHM Semiconductor has developed N-channel power MOSFETs featuring industry-leading* low ON-resistance and wide SOA capability. They are designed for power supplies inside high-performance enterprise and AI servers.
Article of the Week
Top 5 Use Cases of Blockchain Connectivity in Supply Chain and Logistics
The global supply chain and logistics sector is a strong network. It connects systems, people, and processes. The industry has faced inefficiencies and poor communication for years. These issues lead to delays, increased costs, and a loss of trust. Blockchain technology steps in. This digital ledger system revolutionizes how goods move from raw materials to consumers. Blockchain connectivity transforms supply chains, enabling secure, clear, and permanent data sharing. This makes supply chains agile, responsible, and future-ready. Blockchain technology is changing the game. Leaders gain valuable insights on its ability to reshape global trade.