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…
Solidarity Transport Hub: Poland to Build a New Hub Airport
Poland’s planned new hub is what NATO needs in terms of military mobility and what the European Union has in mind when discussing military mobility, General Ben Hodges, former commander of US ground forces in Europe, stated for Polish Press Agency.
Crew-2 Astronauts to Discuss Recent Mission at Space Center Houston
Four astronauts who launched on NASA’s SpaceX Crew-2 mission, the second commercial crew rotation to the International Space Station, will gave interviews at 4:30 p.m. CDT Monday, May 16, at Space Center Houston.
In Agritech News this week…
AFYREN , a greentech company that manufactures biobased ingredients using fermentation technology and a circular business model, unveiled its plan to market high quality solutions that will help customers in the industries it serves meet their sustainability goals.
Flora Growth Appoints Cannabis Regulatory Veteran Holly Bell as Vice President of Regulatory Affairs
Flora Growth Corp., a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced the appointment of regulatory veteran Holly Bell as Vice President of Regulatory Affairs.
In Automotive News this week…
Infinitum Electric, creator of the sustainable, breakthrough air-core motor, announced $80 million in Series D funding to scale motor production to meet increasing demand.
Samsara and Whip Around Partner to Reduce Fleet Emissions and Improve Fuel Efficiency
Samsara is the pioneer of the Connected Operations Cloud, which enables businesses to harness IoT (Internet of Things) data from vehicles, equipment, and warehouses to develop actionable insights and improve operations.
In news from the Banking, Finance, Securities and Insurance sector this week…
Liquidibee Secures up to 50mm Credit facility
Liquidibee, one of the fastest growing U.S. specialty finance companies serving small- and medium-sized businesses “SMBs”, announces the close of a multi-draw funding credit facility. The credit line will provide Liquidibee a same-day capital provider with borrowing capacity up to $50 million to expand on its current business operations and further strengthen Liquidibee’s ability to provide immediate funding for SMBs throughout the US.
TCP Software Announces On-Demand Pay Partnership with Clair
TCP Software, a leading provider of workforce management and time and labor solutions, unveiled a new partnership with Clair, a leading on-demand pay app and social impact fintech.
In Energy and Power Sector News this week…
UGI Commits Funding for Largest Renewable Natural Gas Project to Date
UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation announced an agreement with MBL Bioenergy to fully fund the first set of renewable natural gas (“RNG”) projects currently under development in South Dakota.
Spearmint Energy Launches to Efficiently Enable the Clean Energy Revolution
Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, announced the launch of its business.
In Chemicals News this week…
Egyptian Prime Minister and Minister of Environment Embrace Okeanos Innovative Made From Stone
In the presence of Egyptian Prime Minister Dr. Mostafa Madbouly, Egypt’s Minister of the Environment, Dr. Yasmine Fouad, signed a memorandum of understanding (MoU), committing to cooperation between the Egyptian government and sustainable innovation company, Okeanos Egypt.
Ideal Chemi Plast of India Commences Construction of New Coating Resins Production Facility
DIC Corporation announced that its wholly owned subsidiary Ideal Chemi Plast Private Limited, based in the state of Maharashtra, India, has commenced construction of a new coating resins production facility in the state’s Supa industrial area.
In IT news this week…
Data Intensity, LLC announced its deepened commitment to accelerate and transform Oracle-powered workloads to Oracle Cloud Infrastructure (OCI) combining a strategic partnership with its own migration and lifecycle management portfolio of expert technical and functional support services.
Why the Space-as-a-Service Business Models are Taking the Space Sector by Storm
The ‘Space-as-a-service’, ‘Satellite-as-a-service’ and ‘Space Data as a Service’ are the newest business models of Space Industry, according to a recent report from International Defense, Security & Technology Inc (IDST).