Wednesday, May 8, 2024

The News This Week: Read Magazine’s Weekly News Roundup Featuring, Samsara, First Women’s Bank, Covestro, And Mitsui.

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…

Amazon Signs Contract with United Launch Alliance for 38 Project Kuiper Launches on Vulcan Centaur

United Launch Alliance (ULA) announced that Amazon has selected its next-generation Vulcan rocket for 38 launches supporting deployment for its ambitious Project Kuiper, Amazon’s initiative to increase global broadband access through a constellation of 3,236 advanced satellites in low Earth orbit.

Advanced Cybersecurity Protection Now Part of Satellite Flight Software

RunSafe Security’s advanced cybersecurity protection is now part of Emergent’s Gear satellite flight software production build chain. Emergent’s customers achieve increased cyber resilience, benefiting from RunSafe’s run-time protections embedded in Emergent’s flight software.

In Agritech News this week…

Samsara Launches Integrated Solution with John Deere to Digitize Farming Operations

Samsara Inc. announced a new integration with John Deere to further empower agricultural operations leaders. Samsara and John Deere have expanded upon their existing JDLink integration and are delivering new features that provide greater visibility into support vehicles to optimize farming operations.

Morningstar Farms Advances Sustainability Commitment With New Recycling, Renewable Electricity and Ingredient Sourcing Initiatives

MorningStar Farms® is expanding its current sustainability efforts this year with plans to roll out new recycle-ready packaging for select products, begin sourcing 100 percent Renewable Electricity and utilize a new plant-based soy ingredient from Benson Hill® that will reduce the brand’s impacts on the environment.

In Automotive News this week…

IndyKite, Marelli and Red Hat Join Automotive Grade Linux

Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open source platform for all connected car technologies, announces IndyKite, Marelli and Red Hat as new Bronze members.

MDH Acquisition Corp. and Olive Ventures Holdings, Inc. Mutually Agree to Terminate Business Combination Agreement

MDH Acquisition Corp., and Olive Ventures Holdings, Inc. announced that the companies have mutually agreed to terminate their previously announced agreement and plan of merger, effective immediately.

In news from the Banking, Finance, Securities and Insurance sector this week…

First Women’s Bank announces new partners Microsoft and United Airlines to support the women’s economy

First Women’s Bank (FWB) announced that Microsoft Corp. and United Airlines are the Bank’s newest Mission Partners. The companies join a growing list of FWB Mission Partners that includes Aon, Wendy’s, Comcast Corp., William Blair and the Western Golf Association, as well as other supporters.

Alpian Obtains Finma Banking License and Secures CHF19 Million Series B+ Financing

Alpian SA (“Alpian”), an innovative digital private bank, announced the granting by FINMA of a banking license and a successful CHF19 million Series B+ closing, enabling Alpian to shortly launch to the public in Q3 2022, becoming Switzerland’s first digital private bank.

In Energy and Power Sector News this week…

Mitsui to Invest in ReNew Power’s Round-The-Clock Project

ReNew Power, India’s leading renewable energy company, has finalized a partnership with Mitsui & Co., Ltd. , a leading global general trading and investment firm.

Climate Tech Firm Sweep Raises $73 Million in Series B Funding Led by Coatue

Sweep, the leading carbon management platform for large enterprises, announced it raised $73 million in Series B funding led by Coatue.

In Chemicals News this week…

Covestro and Pharmajet Work to Take the Sting Out of Vaccinations

Covestro, a leading polymer company, is proud to announce its collaboration with PharmaJet, a leading biotech company in needle-free injection technology.

Demetrix and Evonik Sign Supply Agreement for Cannabinoids

Demetrix and German global specialty chemicals company Evonik, announce a supply agreement for cannabinoids to be used in beauty and personal care products. The first product, CBG (cannabigerol) will be entering the market in 2022.

In IT news this week…

Talkdesk Mobile Apps To Aid Contact Centers

Talkdesk introduced new apps for the Talkdesk On The Go suite of intelligent, intuitive mobile solutions: Talkdesk Phone Mobile App and Talkdesk Schedule Mobile App.

TD SYNNEX Achieves AWS Cloud Management Tools Competency

TD SYNNEX announced it has become one of the first distributors to achieve Amazon Web Services (AWS) Cloud Management Tools Competency.

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