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…
L3Harris Completes Imager Integration for NOAA’s Advanced Environmental Satellite
The fourth Advanced Baseline Imager (ABI) built by L3Harris Technologies has been successfully integrated into NOAA’s Geostationary Operational Environmental Satellite-U (GOES-U), completing the series of advanced weather sensors for the GOES program, slated to launch in 2024.
Ball Aerospace Supports Critical Design Review of NASA’s SPHEREx Mission
Ball Aerospace supported completion of critical design review (CDR) for NASA’s Spectro-Photometer for the History of the Universe, Epoch of Reionization and Ices Explorer (SPHEREx) mission.
In Agritech News this week…
Avocados From Mexico (AFM) and the Mexican Hass Avocado Importers Association (MHAIA) applaud the hard work and collaboration that has allowed the Mexican avocado export program to restart with inspections and avocado exports to the United States to resume.
AGCO Agriculture Foundation Launches New Grant Application
The AGCO Agriculture Foundation (AAF), announced the launch of its new grant application cycle on the theme of “Climate Action Within the Context of Agriculture” for non-profit organizations with grant proposals between $20,000 – $300,000 USD and located anywhere across the globe.
In Automotive News this week…
Marelli Supplies the Inverter for the New BMW CE 04 Electric Scooter
Marelli decided to contribute with the inverter – a core component of the electric engine – to the new BMW CE 04 electric scooter, which is recognised as one of the most advanced e-vehicles in its category.
The U.S. Postal Service announced it has completed its obligations under the National Environmental Policy Act (NEPA) process, which evaluated the potential environmental impacts of the Postal Service’s Next Generation Vehicle Delivery (NGDV) program
In news from the Banking, Finance, Securities and Insurance sector this week…
CryptGain Customers Can Now Deposit and Withdraw Funds with More Leading E-wallets
CryptGain, a world-renowned online broker, has recently changed the rules of the game by announcing that it is adding more options for payments and reimbursements.
CIBC Innovation Banking Provides Financing Solutions to Graphite Ventures
CIBC Innovation Banking announced that it has provided financing solutions, including a capital call line of credit, to Graphite Ventures (Graphite), a $100-million fund focused on seed-stage investments and extensions, through to the rights for Series A rounds.
In Energy and Power Sector News this week…
LG to Exit Global Solar Panel Business
LG Electronics Inc. is exiting the global solar panel business. The decision was approved on 22nd February by the LG board of directors in South Korea, following a comprehensive review of the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business.
Schneider Electric Appoints Olivier Blum as Executive Vice-President Energy Management
Schneider Electric has appointed Olivier Blum as the new Executive Vice-President of its Energy Management Business, effective April 1, 2022.
In Chemicals News this week…
Missouri Selected For Nation’s Premier Waste-to-Renewable Chemicals Facility
Circular SynTech, LLC (CST) is expanding into New Madrid, Missouri. The company broke ground on a new, one-of-a-kind facility that will convert municipal solid waste and construction and demolition debris into valuable renewable chemicals.
Arkema Strengthens Its Portfolio of Engineering Adhesives With the Acquisition of PMP in China
Arkema is expanding its offer of engineering adhesives with the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), specialized in hot-melt adhesives for the consumer electronics market.
In IT news this week…
Quality Mortgage Services is Merging to Become QC Verify, LLC
Quality Mortgage Services (QMS) are merging with QC Verify, LLC. Having evolved from a recognized industry due diligence file examiner to a sophisticated quality control and audit technology solutions company, QMS is excited to merge their industry expertise into the innovative QC Verify framework.
Benu and AWS Work to Deliver Cloud-Native Networks for Service Providers
Benu Networks announced it is working with Amazon Web Services (AWS) to allow communication service providers (CSPs) to deploy Benu Networks’ cloud-native Broadband Network Gateway (BNG) and Secure Access Service Edge (SASE) solutions on AWS.