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 Space Names Retired NASA Astronaut, Tim Kopra as Chief Executive Officer of Nanoracks. Voyager Space (Voyager), a global leader in space exploration, and its operating company Nanoracks, announced the appointment of Tim Kopra as Chief Executive Officer of Nanoracks. Kopra, a retired NASA astronaut and former president of OneWeb Technologies, will oversee Nanoracks’ continued growth as a global leader in providing commercial space services, including the development of Starlab, the companies’ proposed commercial space station.
In Agritech News this week…
Coleman Agriculture Expands Willamette Valley’s Pinot Noir Wine Production High-Yield Grape Crops. Coleman Agriculture will expand its crop portfolio in 2023 to include pinot noir grapes as part of its continued mission to cultivate the future of Oregon’s agriculture industry. Willamette Valley pinot noir brands are fast gaining global recognition. Demand for the region’s luxury labels has created interest among a new market of more conservative wine aficionados seeking to enjoy the varietal at a price point of $20-$30 per bottle.
Coleman Agriculture is dedicating 30 acres of its farm to planting the grape vines with an expected total of 26,000 vines and five-year full maturity yield of 4.5 tons per acre. Based on their innovative study and work in hop terroir, Coleman Agriculture’s team analyzed their growing footprint to determine the best location to plant the vines. The plot is vigorous and fertile, ideal for growing high yields of grapes.
In Automotive News this week…
Ram Truck Brand and Chris Stapleton Celebrate Long-standing Partnership with One-Of-A-Kind Ram “Traveller” Truck. The Ram Truck brand and Chris Stapleton have collaborated once again to create a one-of-a-kind Ram “Traveller” truck designed specifically by the eight-time Grammy-winning artist in collaboration with the Ram Truck design team.
Built on the platform of the 2500 Heavy Duty, creation of the Ram “Traveller” truck honors the deep-rooted collaborations between Ram and Stapleton which includes the 2016 Ram Nation concert and instrument donation for students at Stapleton’s former high school in Paintsville, KY, the multi-year campaign anchored by Stapleton’s custom rendition of “I’m a Ram,” and the Country Music Hall of Fame and Museum’s current exhibit, Chris Stapleton: Since 1978, presented by Ram Trucks.
In BFSI sector news this week…
Pavlo Sidelov, SDK.finance Co-Founder and CTO, accepted into Forbes Technology Council. Pavlo Sidelov, Co-Founder and CTO at SDK.finance, a core payment technology vendor company that develops a fintech platform for building banking and payment products, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.
Pavlo Sidelov was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honours.
In Biotechnology news this week…
Libtayo in Combination with Chemotherapy Approved by the FDA as First-line Treatment. Regeneron Pharmaceuticals, Inc. announced that the U.S. Food and Drug Administration (FDA) has approved the PD-1 inhibitor Libtayo (cemiplimab-rwlc) in combination with platinum-based chemotherapy for the first-line treatment of adult patients with advanced non-small cell lung cancer (NSCLC) with no EGFR, ALK or ROS1 aberrations. Patients must either have metastatic or locally advanced tumors that are not candidates for surgical resection or definitive chemoradiation. Patients may be treated with this combination irrespective of PD-L1 expression or histology.
In Chemicals sector news this week…
China Launches First 10-million-ton CCUS Project to Probe into Decarbonization Solutions. China Petroleum & Chemical Corporation has signed a non-binding MoU with Shell, China Baowu and BASF to launch the first 10-million-ton carbon capture, utilization and storage (CCUS) project in East China. The open-source project will support industries in the region to decarbonize their operations and establish low-carbon supply chains, leading China’s CCUS development and achieving the region’s “dual carbon” goals.
CCUS, the carbon reduction process of capturing and making effective use of CO2 from industrial-sourced emissions, is a technology that has the potential to significantly reduce emissions on a large scale and be a key component on the path to achieve carbon neutrality.
In Energy & Power news this week…
FTC’s Novel Clamping Solution for First Solar Modules Enables Rapid Installation. FTC Solar, Inc., a leading provider of solar tracker systems, software, and engineering services, developed a novel clamping solution that enables rapid installation of First Solar Series 6 and Series 6 Plus modules.
To support First Solar’s unique thin-film module technology, FTC developed a new product variant of its novel Voyager mounting solution. The variant uses FTC’s patented Slide and Glide methodology and First Solar’s SpeedSlot mounting feature. The result is a reliable, robust, labor-efficient module installation system that utilizes no traditional hardware. Instead, a mechanical fastener is used to secure and ground the First Solar module frame to the Voyager system’s module rail, enabling the rapid install times our customers have come to expect from FTC – the leader in tracker constructability.
In Food & Beverage news this week…
Novo Nordisk Foundation Announces Support for New Open Collaborative Platform. A new collaborative platform, Plant2Food, aims to accelerate the development of plant-based foods. Researchers and companies are invited to collaborate in exploring complex challenges within plant and food science and sharing new knowledge across sectors – without taking out patents based on the results. The Novo Nordisk Foundation is supporting the platform with up to €27 million over the next five years.
It is necessary to convert a big part of our food production to plant-based foods if we want to make the most appropriate use of our agricultural land as well as being able to feed a growing world population.
In Healthcare news this week…
PathGroup and uMETHOD Health Partner to Personalize Care for Mild Cognitive Impairment. uMETHOD Health, a health technology company specializing in precision medicine for complex diseases, announces a partnership with PathGroup, one of largest independent laboratories in the United States. uMETHOD’s AI-based care planning solution, RestoreU, pairs comprehensive testing from PathGroup with actionable treatment recommendations, aimed at lowering patient’s risk of developing Alzheimer’s and disease progression in its early stages.
RestoreU interprets data from a patient’s bio-specimens collected by PathGroup, as well as patient demographics, lifestyle, and medical history provided by the patient’s doctors.
In IT news this week…
Speed 3D’s New E-commerce Platform Applies AR Technology to Online Retailing. As the first and only official business partner of the Meta Spark AR Network in Taiwan, Speed3D continues to work for new breakthroughs in smart AR technology. To provide a better immersive experience, Speed3D will be launching its new e-commerce platform called METAR Commerce next year. This revolutionary platform will benefit both retailers and the online shopping community.
Prior to establishing Speed3D, Marvin Chiu, the founder and CEO of Speed3D, accumulated over 26 years of hands-on experience in the technology industry and served in high managerial positions at leading software companies including Trend Micro and CyberLink.
Article of the Week
Has Drone Technology Become Effective and Indispensable Technology in Multiple Industries?
Drones have quickly developed into a technological marvel that is deployed in a wide range of applications. What began as hot air balloons used for military surveillance has developed into an incredible technological achievement that is used for the benefit of mankind. Today, drones are employed all over the world for a variety of purposes, including disease prevention, delivery services, insurance, mapping, and wildlife conservation.
The special capabilities of drones and their capacity to carry goods or gather information securely in difficult places open up a completely new range of applications for drone technology.