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…
Vertical Aerospace and Babcock International Partner to Explore New Variants for the VX4
Vertical Aerospace, a global aerospace and technology company that is pioneering zero emissions aviation, announces a partnership with Babcock International, the aerospace, defence and security company to explore new applications for its VX4 eVTOL aircraft.
Parker Aerospace Announces Agreement with the U.S. Air Force and the Defense Logistics Agency
Parker Aerospace, a business segment of Parker Hannifin Corporation, the global leader in motion and control technologies, announced an agreement with the Defense Logistics Agency and the U.S. Air Force for a five-year performance-based logistics (PBL) contract covering hydraulic equipment across five key Air Force platforms.
In Agritech News this week…
Sorghum Announced as Newest Addition to USDA Food Buying Guide
In a major step forward for the sorghum industry, school foodservice providers and American schoolchildren, the United States Department of Agriculture (USDA) recently added sorghum, a nutrient-rich, high-protein, gluten-free ancient whole grain, to its Food Buying Guide for Child Nutrition Programs.
U.S. Farm Nonprofit Expands Food Bank Program into East Texas
The national nonprofit Family Agriculture Resource Management Services (F.A.R.M.S.), has developed a new partnership with the East Texas Food Bank (ETFB). F.A.R.M.S. is a charitable organization that offers legal and technical services to aging farmers while reducing hunger in the farmers community through the 30000Acres™ food bank program.
In Automotive News this week…
ATC Launches Plā Series Toy Haulers
ATC, an industry-leading manufacturer of aluminum RVs and trailers, announced the launch of its 2023 toy hauler models: the Plā 500 Series and Plā ™ 700 Series. In production now, the new additions to ATC’s RV lineup are loaded with advanced technology and new design details that enhance the comfort and usability for owners.
Hypertruck Innovation Council Member Ruan Places Hypertruck ERX Order
Hyliion Holdings Corp., a leader in electrified powertrain solutions for Class 8 semi-trucks, announced that leading transportation management provider Ruan has ordered 10 units backed by deposits to secure Hypertruck ERX production slots.
In news from the Banking, Finance, Securities and Insurance sector this week…
Clair and Criterion Join Forces to Offer On-Demand Pay to Hundreds of Mid-Market Businesses
Clair, a New York based mission driven digital banking platform, announced a partnership with Criterion to offer free on-demand pay through Clair to the HCM software firm’s clients and employees.
BitOoda Expands into Proof of Stake with Hire of Recognized PoS Expert
BitOoda, a pioneering Digital Asset investment Bank, announced the hiring of Vivek Raman, a leading Proof of Stake (PoS) expert. With this expansion, BitOoda plans to launch a number of financial solutions focused on PoS and ETH, including a series of new research reports, structured products, and trading strategies.
In Energy and Power Sector News this week…
LIFTE H2 and Burckhardt Compression Announce their Collaboration for Hydrogen Projects
The hydrogen infrastructure development company LIFTE H2, head quartered in the US with a German subsidiary, and compressor manufacturer Burckhardt Compression, head quartered in Switzerland, have signed a Memorandum of Understanding (MOU) to develop a joint offering of Hydrogen solutions to the market.
Excelerate Energy Signs Gas Sales MOU with Bulgaria’s Overgas
Excelerate Energy, Inc. and Bulgaria’s Overgas Inc. AD announced that the two Parties signed a Memorandum of Understanding (“MOU”), in Sofia, Bulgaria on July 14, 2022 relating to the sale of regasified liquefied natural gas (“LNG”) downstream of Excelerate’s planned Vlora LNG terminal in Albania.
In IT news this week…
Tailwind Launches Expanded Email Marketing Capabilities in Continued Evolution
Tailwind, a leading small business marketing software platform, has now made email marketing integrated with social content generation and scheduling accessible on all new Tailwind subscription plans, including the free plan. The move marks an important step towards Tailwind’s vision of offering an end-to-end marketing automation experience for small business owners.
FPT Software and SCSK Join Hands to Launch a Comprehensive AUTOSAR Solution
Vietnam’s leading Digital Transformation services provider FPT Software and Japanese IT company SCSK entered a global sales business partnership. The two companies will collaborate to roll out Monozukuri Adaptive AUTOSAR or MaaZ, a comprehensive solution stack for AUTOSAR, to top Original Equipment Manufacturers (OEMs) and suppliers in the automotive industry.