Saturday, January 28, 2023

The News This Week: Read Magazine’s Weekly News Roundup Featuring, Carvana, Gatik, Kellas Midstream, And Technomic

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…

Voyager’s Space Micro Software Defined Radio Supports Success of Missile Defense

Space Micro Inc., powered by Voyager Space, announced the successful performance of its Software Defined Radios (SDRs) on Missile Defense Agency’s (MDA) CubeSat Networked Communications Experiment (CNCE) Block 1. Initially launched in June 2021 and completed in March 2022, CNCE Block 1, which is part of MDA’s Nanosat Testbed Initiative (NTI), used small, low-cost satellites to demonstrate networked radio communications between nanosatellites while in orbit.

Artemis Aerospace Explores the History of the ‘Black Box’

From its invention and throughout its evolution, the ‘black box’ has been crucial for maintaining and improving commercial aircraft safety since the 1950s. Here, component supply specialists Artemis Aerospace explores this essential piece of equipment and how it has developed into the modern technology used by the industry today

In Agritech News this week…

ACTX Helps Farmers Expand into New Profitable Markets

Advanced Container Technologies, Inc, announced that GrowPods can help farmers expand into new markets and grow profitable fruits and vegetables year-round.

Aurora Cannabis Acquires Controlling Interest in Bevo Farms

Aurora Cannabis Inc., the Canadian company defining the future of cannabinoids worldwide, is pleased to announce that a wholly-owned subsidiary of the Company has acquired a controlling interest in Bevo Agtech Inc. (“Bevo”), the sole parent of Bevo Farms Ltd., one of the largest suppliers of propagated vegetables and ornamental plants in North America (the “Bevo Transaction”).

In Automotive News this week…

Carvana Opens Newest Car Vending Machine in Phoenix Area

Carvana , the industry pioneer for buying and selling used cars online, launched its newest Car Vending Machine, located in Glendale, Arizona, a suburb of Phoenix.

Gatik and Cummins Integrate Gatik’s Autonomous Driving Technology

Gatik announced that it will collaborate with Cummins Inc. to facilitate the integration of Gatik’s autonomous driving system with Cummins’ advanced powertrain solution in Gatik’s fleet of medium-duty trucks.

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

Prescott’s Inc. Announces Expansion into Anesthesia Specialty Service

Prescott’s, Inc. (“Prescott’s”), the leading provider of refurbishment, maintenance, repair and service work for surgical microscopes utilized in hospital operating rooms and ambulatory surgery centers and a portfolio company of Atlantic Street Capital (“ASC”), announced today its expansion into the anesthesia specialty service and support sector with the acquisition of Heartland Medical Sales & Service (“Heartland”).

BitOoda Partners with CoreWeave to Deliver High Performance Compute Solutions

BitOoda, a pioneering Digital Asset investment Bank, announced a partnership with CoreWeave, the leading specialized cloud provider of high-performance compute solutions.

In Energy and Power Sector News this week…

Shell and Ohmium Announce Collaboration on Green Hydrogen Energy Solutions

Ohmium International, a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, is collaborating with Shell India* to evaluate hydrogen applications, markets, and project opportunities in India and globally.

Kellas Midstream Installs Project Canary Continuous Emissions Monitoring at Teesside CATS

Kellas Midstream, the BlackRock and GIC backed company responsible for transporting 40 percent of the U.K.’s domestic gas production, announced today that it has deployed continuous emissions monitoring at its Teesside Central Area Transmission System (CATS) terminal in partnership with Project Canary®, a U.S.-based SaaS-focused ESG data analytics firm.

In IT news this week…

AIR: Giving the Victims of Workplace Abuse a Powerful Voice

NorthstarPMO Inc. announced the launch of AIR, a new cloud-based platform allowing organizations to offer an anonymous incident reporting system to its employees. AIR is a SaaS (software-as-a-service) platform that makes anonymous reporting systems accessible to smaller organizations for the first time.

Technomic launches Location Targeting, tracking 1M+ foodservice locations

Technomic released Location Targeting, the newest feature of Ignite Company. Location Targeting captures more than 1 million foodservice locations and allows operators and suppliers to gain a deeper understanding of small chains and independents at the address level.

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