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…
Noble to Begin Aviation FSG 53 Hardware & Abrasives Operations Under a $1.2B
DoD announced that it awarded Noble Supply and Logistics, LLC, a $1.2B, 10-year, fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract with DLA Aviation, Richmond, Virginia, for a category of hardware and abrasives items used in multiple weapon systems.
HawkEye 360’s Fourth and Fifth Satellite Clusters Begin Operation
HawkEye 360 Inc., the world’s leading commercial provider of space-based radio frequency (RF) data and analytics, announced its Clusters 4 and 5 satellites have started operations. The two newest clusters have doubled on orbit capacity to empower customers with actionable global insights.
In Agritech News this week…
How Sweet it Is! Little Leaf Farms Introduces Sweet Baby Butter Leaf Lettuce
Little Leaf Farms, the country’s #1 brand of packaged lettuce sustainably grown through controlled environment agriculture, announces the launch of its newest lettuce variety, Sweet Baby Butter Leaf.
Using High-Quality Seed Treatments Helps Peanut Growers Combat Early Season Disease
Growers can significantly improve their plant stand by using a peanut seed treatment that consistently provides thorough coverage, according to data gathered by Syngenta.
In Automotive News this week…
Hyzon Motors Announces Leadership Transition
Hyzon Motors Inc., a leading global supplier of zero-emission fuel cell electric heavy-duty vehicles, announced the Company’s Board of Directors has appointed Parker Meeks, most recently Hyzon’s Chief Strategy Officer, as President and Interim Chief Executive Officer, effective immediately, replacing Craig Knight who is also departing from his role as a director of the Company.
Polaris RZR Introduces the Thrill of the RZR Pro R
Polaris Off-Road, the leader in off-road vehicle innovation, unleashed a thrilling content series, featuring four of the world’s toughest athletes, including four-time All-Pro wide-receiver Chad “Ochocinco” Johnson, five-time boxing champion Roy Jones Jr., two-time UFC strawweight champion “Thug” Rose Namajunas and veteran UFC fighter Chad “Money” Mendes.
In news from the Banking, Finance, Securities and Insurance sector this week…
AtoB, Announces $155M Series B Fundraise Round
AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s broken financial system, announced it has raised $155 million in Series B funding. The funding is a combination of equity to scale its services over the next 12 months, and debt and CAC financing to provide working capital to small fleet businesses.
D.A. Davidson Acts as Financial Adviser to Leader in CNI for Pilot Situational
D.A. Davidson & Co. announced that it served as financial adviser to Sensor Systems, Inc. on its sale to HEICO Electronic Technologies Group, a division of the HEICO Corporation. Chatsworth, Calif.-based Sensor Systems is one of the world’s leading designers and manufacturers of airborne antennas for commercial and military applications.
In Energy and Power Sector News this week…
Altus Power, Inc. Applauds Signing of Inflation Reduction Act
Altus Power, Inc., the premier independent developer, owner and operator of commercial-scale solar facilities, issued a statement in support of the Inflation Reduction Act, recently signed into law by President Biden.
NRG Energy and Smart Energy Decisions Publish 2022 State of Decarbonization Study
NRG Energy, Inc., in collaboration with Smart Energy Decisions, published new research that shows reputational risk and cost reduction as top motivators for organizations when considering decarbonization solutions.
In IT news this week…
ForgeRock Expands Its Use of AI With the Introduction of Autonomous Access
ForgeRock, a global digital identity leader, introduced ForgeRock Autonomous Access, a new solution that uses artificial intelligence (AI) to prevent identity-based cyber attacks and fraud.
Asterra’s New Satellite Based Polsar Technology Uses AI for Eco-Friendly Exploration
ASTERRA announced a patent filing on advancements in using PolSAR-based technology for lithium exploration that will greatly accelerate the identification of lithium (LI) deposits. The patent was based on extensive field testing for validation.