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…
Rocket Lab Successfully Launches 45th Electron Mission, 4th for Longtime Partner Synspective
Rocket Lab USA, Inc., a global leader in launch services and space systems, launched its 45th Electron rocket, successfully deploying a fourth synthetic aperture radar satellite to Synspective’s Earth-observation constellation. “Owl Night Long,” a dedicated mission for Synspective, launched from Pad B at Rocket Lab’s Launch Complex 1 in New Zealand at 04:03 NZDT March 13, 2024 (15:03 UTC, March 12). The mission delivered a single spacecraft, the StriX-3 satellite, to a 561km Sun Synchronous Orbit, where it joined Synspective’s growing constellation.
In Agritech news this week…
Lavie Bio Ltd., a leading ag-biologicals company that develops microbiome-based, computational-driven bio-stimulant and bio-pesticide novel products and a subsidiary of Evogene Ltd, announced that Ceres Global Ag Corp. (“Ceres”) a global agricultural, energy and industrial products merchandising and supply chain company, has chosen Lavie Bio as a supplier in its sustainability programs with grain producers. Ceres will integrate Lavie Bio’s bio-inoculant, YalosTM, into its regenerative agriculture initiatives across the USA and Canada.
In Automotive news this week…
TIER IV partners with Arm on new automotive technologies
TIER IV, a pioneer in open-source autonomous driving (AD) technology, is excited to be collaborating with Arm, a leader in semiconductor and software design, as a key AD end-application partner. A group of industry leaders, including TIER IV and the Autoware Foundation (AWF), have partnered with Arm to launch new virtual platforms and software solutions based on leading-edge Arm® Automotive Enhanced (AE) technologies. This partnership aims to address the growing need to shorten hardware and software development cycles in the age of software-defined vehicles (SDVs).
In BFSI news this week…
Dash Solutions Appoints New Chief Technology Officer to Drive Innovation and Growth
Dash Solutions, a leading innovator in business payments, announced the appointment of Tan Truong as its Chief Technology Officer. Under his leadership, Truong will drive strategy for Dash Solutions’ technology, engineering and data science/AI organizations positioning the company for future growth and success.’
In Chemicals this week…
908 Devices’ chemical residue identification technology adopted by European agencies
908 Devices Inc, a pioneer of purpose-built handheld and desktop devices for chemical and biochemical analysis, announces the latest in international adoption of the MX908 for trace detection and identification of priority drugs and chemical threats. DrugDetect EU and NATO Support and Procurement Agency (NSPA) have both entered into new contracts to deploy the MX908, a handheld high-pressure mass spectrometry (HPMS) device. The MX908 will be used in a variety of settings, from military applications to correctional facilities.
In Defence Technology news this week…
Sierra Space, a leading commercial space company and emerging defense tech prime building a platform in space to benefit and protect life on Earth, announced the launch of Sierra Space Axelerator™, an innovation-at-speed incubator designed to fast-track the development of revolutionary defense technologies and mission solutions. Axelerator is set to redefine industry standards by delivering cutting-edge products with unprecedented efficiency.
In Energy, Power and Sustainability news this week…
Context Labs and Jonah Energy Partner to Accelerate Verified Carbon Intensity Energy Supply
Context Labs, a leading enterprise data fabric-based climate analytics company, announced a partnership with Jonah Energy to deploy the Decarbonization-as-a-Service (DaaS™) platform across production assets and central delivery points in Wyoming. The partnership represents the next step in Context Labs’ broader effort to leverage its AI-enabled data fabric technology to produce transparent, measurement-based emissions quantification and verification for the natural gas industry.
In Healthcare this week…
Datavant to Provide Patients with Free Digital Access to Their Health Records
Datavant, the leading health data logistics company, announced that it will eliminate industry-standard charges for patients who request their health records from providers that have adopted Datavant’s digital connectivity technology. This decision, which is the first of its kind, represents Datavant’s commitment to ensuring the safe flow of patient information across the healthcare ecosystem, and to utilizing its unparalleled data logistics capabilities to improve patient outcomes.
In Information Technology this week…
PhotoThermal debonding is a zero stress debonding method that uses a highly controlled flash lamp to separate the carrier from the substrate. A key component of the PhotoThermal debonding process is the glass carrier with light absorbing layer (CLAL) that converts light energy from the lamp to thermal energy, enabling a smooth separation. Thanks to the CLAL, additional adhesive release layer coating together with the bond layer is not needed, thereby reducing process steps and the associated complexity and operations cost, saving users up to 30% in cost of ownership compared to traditional laser debonding.
In Internet Of Things this week…
Omnispace and MTN Announce a Collaboration to Develop and Deploy Satellite IoT and 5G NTN Services
Omnispace, the company redefining mobile connectivity for the 21st century, announced a collaboration with MTN, the largest mobile network operator in Africa. MTN provides voice, data, fintech, digital, enterprise, wholesale and API services to over 290 million customers in 19 countries. This partnership will explore the use of S-band for satellite services to expand MTN’s portfolio of wireless service in their markets.
In Logistics and Supply Chain this week…
Janam Unveils Breakthrough All-in-One UHF RFID Reader for Supply Chain Operations
Built to thrive in demanding warehouse, manufacturing and logistics operations, XR2 combines the most advanced RAIN RFID technology with a sleek, intuitive and ergonomic design that sets a new standard for power and performance. Superior sensitivity, long-range RFID reading and lightning-fast processing speeds bring enormous value to inventory management, asset tracking and other line-of-business applications.
In Materials this week…
DuPont Renews Collaboration with Silicon Catalyst as a Strategic Ecosystem Partner
Silicon Catalyst, the world’s only incubator focused exclusively on accelerating semiconductor solutions, announced that DuPont has renewed its engagement as a Strategic Ecosystem Partner. Silicon Catalyst will continue to provide strategic insight for DuPont into startups developing the next generation of electronic technology, materials and devices.
In Medical Devices this week…
Waters Advances Battery Electrode Design and Performance Analysis with New Rheo-IS Accessory
“Battery innovators that are focused on optimizing performance and scale-up require sensitive tools to characterize electrode slurry composition and ensure quality,” said Jianqing Bennett, Senior Vice President of the TA Instruments™ Division at Waters Corporation. “With the Rheo-IS accessory, we now offer uncompromised rheometric sensitivity with a full range of impedance measurements for slurry formulation analysis in one versatile, easy-to-use platform – the Discovery Hybrid Rheometer.”
In MarTech this week…
Yalo Rises High At The Horizon Awards With Multiple Wins
“Yalo is proud to compete in the Horizon Awards for the 6th year,” says Arnold Huffman, CEO of Yalo. “The Horizon Awards is a great litmus test of the quality of our work that we do for our clients. Each year we have improved both in the number of awards and the level of awards we have won, with each win being a testament to our people and their commitment to excellence on behalf of our clients.”
In Retail this week…
Daasity Acquires Red Fox Analytics, Combining Digital and Retail Data Analytics in a Single Platform
Daasity, a data and analytics platform built for omnichannel consumer brands, announced the acquisition of Red Fox Analytics, a leader in data analytics for retail-focused consumer packaged goods brands. The combined digital and retail data analytics platform is the first to enable merchants to view and gather insights from all sales, distribution and marketing data across all channels. Red Fox Analytics founder and CEO Chris Mauzé will remain with Daasity as chief product officer.
In Semiconductor & Electronics this week…
Amida Unveils Specialized Business Unit for advancing Microelectronics Cybersecurity
Amida Technology Solutions, Inc. (Amida), a software services company that solves the most complex challenges in data interoperability, data exchange, data governance, and data security, unveiled today its new Microelectronics Security business division. This new unit, which will be led by Margaret Schmitt, draws on the company’s expertise in semiconductors, cybersecurity, and artificial intelligence. Its purpose is to deliver a full suite of security solutions that spans the entire semiconductor lifecycle, from inception to system-wide deployment, ensuring unparalleled protection at every stage of development.
Article of the Week
What are Robo-Advisors? A Comprehensive Guide
A robo-advisor is a digital financial advisor utilizing artificial intelligence (AI) algorithms to automate the provision of financial advisory services. Commonly offered by brokerage firms like Charles Schwab, Fidelity Investments, and E-Trade, robo-advisors are expert systems tailored for financial activities, particularly investment and portfolio management guidance.According to Statista, the global robo-advisors market is expected to surge, with assets under management reaching an impressive $1,802.00 billion by 2024. Despite being software-based, robo-advisors mimic the functionality of AI-driven physical robots. Investors interact with robo-advisors through smartphone applications or web interfaces.