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…
Elbit Systems Awarded $69 Million Contract to Provide EW Systems to a Country in Asia-Pacific
Elbit Systems Ltd. announced that it was awarded a $69 million contract to supply Electronic Warfare (EW) capabilities to a country in Asia-Pacific. The contract will be delivered over a period of three years.
Cirium Partners With 3Victors to Offer the Most Dynamic Travel Demand Forecasting
Cirium, the aviation analytics company, and travel data analytics firm, 3Victors announced a reseller partnership to enable Cirium to bring together flight schedules and passenger traffic data with online search data to interpret, understand and forecast passenger demand for airports and DMOs.
In Agritech News this week…
Above Food Appoints David Friedberg to Innovation Advisory Council
Above Food Corp. (Above Food), a first-of-its-kind, vertically integrated, plant-based food company, announced the appointment of David Friedberg to the company’s Innovation Advisory Council.
Suburban Propane Partners, L.P., a nationwide distributor of propane, renewable propane and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, announced an agreement to construct, own and operate a new biodigester system with Adirondack Farms in Clinton County, New York for the production of renewable natural gas (“RNG”).
In Automotive News this week…
Toyota and Woven Planet Have Developed a New Portable Hydrogen Cartridge Prototype
TOYOTA MOTOR CORPORATION and its subsidiary, Woven Planet Holdings, Inc. (“Woven Planet”), have developed a working prototype of its portable hydrogen cartridge.
2023 Toyota RAV4 Hybrid Goes Off-Roading with New Woodland Edition
Toyota is taking the RAV4 Hybrid to a whole new level of adventure with the new 2023 Woodland Edition. Equipped with everything needed for an outdoor excursion, the RAV4 Hybrid Woodland Edition is the first hybrid off-road special edition SUV for the brand.
In news from the Banking, Finance, Securities and Insurance sector this week…
Tastytrade Management Evolves to Drive Next Stage of Growth
IG Group, a leading, global fintech at the forefront of online trading, announced an evolution of management at tastytrade. Since tastytrade became part of IG Group in June 2021, the Company’s focus has been on integration which has gone very well, with successful cross pollination and synergies created across the business including tech and marketing.
iCapital Secures Three Patents for Innovations in Alternative Investing Technology
Franklin Templeton has partnered with iCapital, a leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries through customized fund distribution and servicing solutions.
In Energy and Power Sector News this week…
Texas Pacific Land Corporation together with Milestone Carbon, LLC announced that a Letter of Intent (“LOI”) has been executed between TPL and Milestone Carbon to evaluate geological and geophysical characteristics of certain acreage owned by TPL for the purposes of sequestering captured CO2.
Caterpillar to Launch Demonstration Project Using Hydrogen-Fueled Combined Heat and Power System
Caterpillar Inc. announced a three-year project with Minnesota-based District Energy St. Paul to demonstrate a hydrogen-fueled combined heat and power (CHP) system.
In IT news this week…
DarkOwl Announces Release of Ransomware API
DarkOwl announced the release of Ransomware API, the latest in their suite of darknet products. By enabling users to monitor darknet ransomware sites for their strategic assets – including first and third party vendors – organizations have the most accurate information available as to whether an entity has been extorted or compromised in a ransomware attack.
Jonah Group’s HIVE hybrid workplace management platform has been successfully deployed at CAA Club Group and Echelon Insurance as a part of their back-to-office plan.