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…
Viasat Joins Harwell Space Cluster to Support UK Innovation
Viasat Inc., a global leader in satellite communications, announced it has joined the Space Cluster on the Harwell Science and Innovation Campus as it seeks new technology and research partnerships in the UK.
Tcab Tech Successfully Completed Transition Flights With the E20 Evtol 50% Subscale Demonstrator
In 2022 TCab Tech is steadily pushing forward their E20 eVTOL development. During the first quarter of the year, thanks to the hard works of the entire team, they have completed many tilt-rotor transition flights with the E20 50% subscale demonstrator.
In Agritech News this week…
Croptracker releases Harvest Quality Vision Overhead Bin Scanning
After months of developing a brand new solution and thoroughly beta-testing the product for a year, Croptracker is ready to announce the release of their Overhead Bin Scanning system for Harvest Quality Vision (HQV).
Trulieve Opening Medical Marijuana Dispensary in Zephyrhills, Florida
Trulieve Cannabis Corp. , a leading and top-performing cannabis company in the United States, announced the opening of a new medical cannabis dispensary in Zephyrhills, Florida. Located at 6601 Gall Blvd. Suite #1, the doors will open at 9 a.m. on Saturday, April 16, 2022.
In Automotive News this week…
Autonomy Brings EV Subscriptions to Orange County, Boosting California Expansion
Electric vehicle subscription company Autonomy, the cheapest, fastest, and easiest way to get a Tesla Model 3, continues to expand its services in the state of California, adding Orange County as a new market coverage area, the company announced.
Genesis Debuts New Concept Car: Genesis X Speedium Coupe at EV-Focused Event
Genesis premiered the Genesis X Speedium Coupe at Genesis House New York, a cultural space in Manhattan’s Meatpacking District. The concept car incorporates Genesis’ DNA, while looking ahead to the next wave of EVs and highlighting Genesis’ future as a luxury electric vehicle brand.
In news from the Banking, Finance, Securities and Insurance sector this week…
Sila Now Provides Instant Access to ACH Debits on Its Platform Through Instant Settlemen
Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced a new product called Instant Settlement. It provides instant access to ACH debits made to the Sila platform. Customers no longer have to use their own capital to pre-fund the full amount of a transaction or wait days for an ACH debit to clear.
Alkegen Backed by Clearlake Capital, Announces New Aerogel Technology
Alkegen, a leading specialty materials platform creating transformational materials, introduced its latest proprietary technology, AlkeGel™ by Alkegen. AlkeGel is a next generation flexible aerogel material designed for electric vehicle and battery fire protection applications, along with other industrial thermal management uses.
In Energy and Power Sector News this week…
SHINE Technologies, LLC, a next-generation nuclear technology company, announced the appointments of global technology, energy sector and business veterans Holli C. Ladhani and Janet S. Wong to the company’s board of directors.
Pivot Energy is excited to announce the closing of a $190 million financing facility to support a multi-state portfolio of distributed generation solar projects. Silicon Valley Bank (SVB) will lead the debt facilities and Foss & Company (Foss) will make the tax equity investment.
In Chemicals News this week…
Avient Corporation, a leading provider of specialized and sustainable material solutions, announced its first quarter 2022 results. The company delivered first quarter GAAP EPS of $0.91 compared to $0.86 in the prior year quarter.
Through rigorous research, Chemical Insights Research Institute (CIRI) of Underwriters Laboratories has identified that the use of fire barriers in furniture design is an easy and direct way to prevent and delay flaming ignition of upholstered furniture; providing additional time for occupants to evacuate and for first responders to arrive and extinguish the fire, therefore saving lives.
In IT news this week…
Capgemini Launches New Advanced Research Project With the Massachusetts Institute of Technology
Capgemini announced the launch of a new research collaboration project with the Massachusetts Institute of Technology (MIT).
Gupshup Acquires AskSid, the Leading Conversational AI Platform for Ecommerce and Retail Companies
Gupshup, a global leader in conversational engagement, announced the acquisition of AskSid, a leading Conversational AI provider to top ecommerce and retail companies around the world.