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…
AAR signs extension and expansion of flight-hour component support agreement with ASL Aviation Holdings DAC
AAR CORP, a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed a multi-year contract extension and expansion for flight-hour component support services with ASL Aviation Holdings DAC (ASL Airlines). The contract extends and expands AAR’s existing component support agreement with ASL Airlines Belgium to include ASL Airlines France, ASL Airlines United Kingdom, and ASL Airlines Ireland.
In Automotive news this week…
Intellias to Unveil New Digital Automotive Cockpit Technology at CES
Intellias will unveil a new digital cockpit with Rightware’s Kanzi One technology to accelerate the development of dynamic, consumer-friendly automotive instrument panels at CES 2024 on January 9-12 in Las Vegas.
IntelliKit, a digital cockpit designed by Intellias, will showcase for CES attendees how the company’s engineers seamlessly integrate hardware and software from partnerships in the automotive sector to speed the development of cockpit systems.
In BFSI news this week…’
Katie Fischer Ascends to Partnership, Amplifying Daversa Partners’ Leadership Team
Daversa Partners, the technology industry’s premier executive search firm that builds the leadership teams for growth and venture-backed companies, announced Katie Fischer as the firm’s newest Partner. With a track record spanning over a decade in executive recruiting, Fischer’s ascent to the senior leadership team marks a significant milestone for the firm.
In Biotechnology news this week…
Lilly Completes Acquisition of POINT Biopharma
Eli Lilly and Company announced the successful completion of its acquisition of POINT Biopharma Global Inc., a radiopharmaceutical company with a pipeline of clinical and preclinical-stage radioligand therapies in development for the treatment of cancer.
In Defence Technology news this week…
Army Applications Laboratory Selects Firehawk Aerospace as a Supplier for the Javelin, Stinger, and GMLR System
Firehawk Aerospace, a market leader in hybrid rocket engine and solid rocket motor (SRM) propulsion, has secured a Small Business Innovation Research (SBIR) Phase III contract from Army Applications Laboratory (AAL). This contract underscores Firehawk’s advancements in rocket propulsion and its unique capability to address critical challenges in conventional SRM supply chains.
In Energy, Power and Sustainability news this week…
Turbo Energy Appoints Mariano Soria as CEO of the Company with Enrique Selva to Remain as a Chairman of the Board
Turbo Energy, S.A, a Valencia-based company specializing in photovoltaic energy storage solutions, announced a transition in the management structure of the Company, resulting from the governance policies of the holding company, Umbrella Solar Investment (USI) a public company on BME Growth market in Spain.
In Healthcare this week…
Adaptive Biotechnologies to Present at the 42nd Annual J.P. Morgan Healthcare Conference
Adaptive Biotechnologies Corporation, a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today announced it will be participating in the upcoming 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, CA.
In Information Technology this week…
Ntiva Expands Midwest Presence With Acquisition of Middleground Technologies
Ntiva, Inc., a leading provider of managed IT, security, and digital transformation services, has announced the acquisition of Middleground Technologies, headquartered in Chicago, Illinois. This strategic acquisition strengthens Ntiva’s presence in the Midwest and adds unique skills and expertise that will benefit both Ntiva and Middleground clients across the U.S.
In Internet Of Things (IOT) this week…
Five leading semiconductor companies incorporate a new company, Quintauris, to advance the RISC-V ecosystem
Leading semiconductor companies Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor ASA, NXP® Semiconductors and Qualcomm Technologies, Inc., have officially founded Quintauris GmbH. The company, based in Munich, Germany, aims to advance the adoption of RISC-V globally by enabling the development of next-generation hardware.
In Logistics and Supply Chain this week…
NRS CORPORATION: Establishment of a New Logistics Site in Arizona, U.S.A.
NRS CORPORATION is pleased to announce the opening of a new comprehensive logistics site in the U.S. state of Arizona, which has grown to become a center for the semiconductor and battery industry. This strategic move aims to meet the strong demand for chemical logistics in the U.S.
In Retail this week…
VERB’s MARKET.live Adds Twenty More Retailers to Its Livestream Social Shopping Platform
Verb Technology Company, Inc., the company behind MARKET.live, the innovative multi-vendor, multi-presenter livestream social shopping platform, announces twenty more dynamic new brands have joined the MARKET.live platform. The recent completion of the Company’s tech integrations with the ecommerce solutions powering thousands of vendors’ existing ecommerce stores are continuing to drive demand from retailers eager to create new and additional distribution channels and affiliate relationships through MARKET.live.
In Semiconductor & Electronics this week…
Diodes Incorporated Announces Promotion of Gary Yu to President
Diodes Incorporated, announced that as part of a multi-year CEO succession plan its board of directors has approved the promotion of Gary Yu to President effective January 2, 2024. Dr. Keh-Shew Lu will continue to serve as Chairman and CEO until at least May 31, 2027, which is consistent with his current employment agreement.
Article of the Week
A Beginner’s Guide to Genomic Sequencing: Everything You Need to Know!
Ever wondered what makes you, well, you? The answer lies within the complex and fascinating world of genomic sequencing. But hold on—what exactly is this technique all about, and why is it such a big deal?
Genomic sequencing, a cutting-edge technique, is unraveling the intricate code that governs our existence. Let’s get into the depths of this amazing technology, unveiling its significance, applications, and the unprecedented insights it offers into the blueprint of life.