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…
BlackSky Wins Space Domain Contract, Enhances Constellation Value with HEO
BlackSky Technology Inc. was awarded a seven-figure data services contract from HEO to bring automated low-latency capabilities to non-Earth imaging (NEI) services for defense, intelligence and commercial use. Under the agreement, the companies will partner to bring BlackSky’s current constellation into HEO’s NEI sensor network. The contract is now moving into its second phase with a focus on automating the entire tasking-to-delivery process, following a successful initial proof of concept phase.
In Agritech news this week…
Corteva & Pairwise Unite to Boost Gene Editing, Enhance Climate-Resilient Agriculture
Corteva, Inc, a global leader in agricultural technology and Pairwise, a technology company pioneering the application of gene editing in food and agriculture, announced a collaboration to accelerate the delivery of advanced gene editing solutions to farmers, ultimately benefitting both the environment and everyday consumers. Gene editing uses a plant’s own DNA to make precise improvements, providing growers with another critical tool to keep pace with the challenges facing food production, including those presented by climate change.
In Automotive news this week…
SimScale Unveils AI-Driven Automotive Design Enhancements
SimScale GmbH announced a suite of enhancements designed to deepen its support of real-time, simulation-driven design for the automotive sector.
SimScale, a fully cloud-native simulation platform, works with leading manufacturers, suppliers, and OEMs to ship better products faster while reducing R&D costs and increasing engineering innovation in a globally competitive landscape.
In BFSI news this week…
Medius Integrates Paymode: New Buyers Access Bottomline Payments Network
Medius, a leading provider of autonomous AP solutions, and Bottomline, a global leader in business payments, announced a strategic partnership that adds Bottomline’s business payments network, Paymode, to the Medius solution.
The Medius platform is a suite of spend management applications that help modernize and accelerate invoicing and payments.
In Biotech this week…
Rigaku Unveils Electron Density Technique for Biological Macromolecules
Rigaku Corporation, a Rigaku Holdings Group company and global partner for X-ray analysis from lab to factory, has developed and is patenting a technology called “Electron Density Topology” (EDT) that can clarify the structural and dynamic characteristics of biomacromolecules in solution, including antibodies, protein complexes, and virus particles.
Polyplastics Launches Biomass LCP for Lower CO2 and Higher Renewables
Polyplastics, a global leader in engineering plastics, announced the launch of LAPEROS® bG-LCP, a sustainable solution based on biomass-derived materials (mass balance approach) that reduces CO2 emissions and improves the renewable content ratio. This introduction expands the company’s DURACIRCLE® initiative, which already includes DURACON® bG-POM.
In Defence Technology news this week…
LevelBlue Launches Managed Threat Detection for U.S. Government
LevelBlue, a leading provider of managed network security services, managed detection and response, strategic consulting, and threat intelligence, announced the availability of LevelBlue Managed Threat Detection and Response (MTDR) for Government. This 24/7 service is designed to protect highly sensitive data or data that is subject to increased, evolving government regulations and requirements.
In Energy, Power and Sustainability news this week…
Technip Energies Names Benjamin Lechuga Chief Strategy & Sustainability Officer
Technip Energies announces the appointment of Benjamin Lechuga as Chief Strategy & Sustainability Officer and member of the Group Executive Committee. In his new role, Benjamin Lechuga will oversee Strategy, M&A and Sustainability agendas.
Benjamin Lechuga brings over 25 years of international experience in M&A, corporate management, consulting, and private equity, having held senior roles up to board level.
In Food & Beverage this week…
Diana & OpsVeda Alliance Boosts AI-Driven Consumer Engagement
Productos Alimenticios DIANA S.A. de C.V., a leader in the production and distribution of food products in Central America, and OpsVeda, a leader in Operations Command Center (OCC) software, have formed an alliance to leverage Artificial Intelligence (AI) and Machine Learning (ML) to enhance their consumer-facing operations in the region. OpsVeda’s OCC will support DIANA in its service development projection for customers in both El Salvador and the rest of Central America. This includes strengthening inventory management, which benefits end consumers by ensuring greater product availability in stores.
In Healthcare this week…
NanoVation & Novo Nordisk Team Up on Genetic Medicines
NanoVation Therapeutics, a platform company developing innovative technologies to overcome the barriers of nucleic acid delivery, announced a multi-year partnership with Novo Nordisk to advance the development of novel genetic medicines targeting cardiometabolic and rare diseases. The partnership combines NanoVation Therapeutics’ proprietary long-circulating lipid nanoparticle (lcLNP™) technology for RNA delivery to cells outside of the liver with Novo Nordisk’s expertise in cardiometabolic and rare disease R&D and clinical translation.
In Information Technology this week…
Averna Unveils Proligent Cloud for Effortless Test Data Analytics
Averna, a leading global test & quality solutions provider, announced the release of Proligent Cloud, the latest addition to its industry-leading Proligent data management software family. Proligent empowers manufacturers with centralized, user-friendly data insights to optimize production line performance and ensure consistent product quality.
In IoT this week…
Somos & Simetric Partner to Boost IoT Connectivity and Identity Solutions
Simetric, Inc., the foremost IoT connectivity and edge device lifecycle management platform, and Somos, Inc., an industry expert in connected asset services, identity management and fraud prevention, are excited to announce their strategic partnership. Enhanced security postures are paramount in the complex world of distributed networking. Simetric’s real time audit and discovery of active devices establishes a workflow that will be enriched by incorporating SomosID for additional device level insights like current firmware and known device vulnerabilities.
Cart.com Appoints Ilias Simpson as President
Cart.com, a leading provider of unified commerce and logistics software and services, announced the appointment of Ilias Simpson as President. Simpson, who previously served as President and CEO at Radial Inc., brings nearly two decades of logistics leadership experience to his new role and will guide the company’s next phase of growth as it expands its omnichannel fulfillment network to support new industries and markets.
In Materials this week…
Caldera Unveils Direct-to-Film Solution for Textile Printing
Caldera, part of Dover announced the launch of its new Direct-to-Film (DTF) solution, designed to provide an intuitive route for effective digital textile printing. The software features an easy-to-use interface to speed up DTF image preparation at the production stage, resulting in high-quality printing without the need for specialized knowledge or expertise.
In Madical devices this week…
GrandPad Welcomes Grace Dolan as Chief Marketing Officer
GrandPad, the leading technology company dedicated to safe, user-friendly devices for seniors, is proud to announce the appointment of Grace Dolan as the company’s new Chief Marketing Officer (CMO). Dolan joins GrandPad with a wealth of marketing leadership experience from major consumer and technology companies and a passion for bringing quality experiences to underserved communities.
In Retail this week…
Carbon6 Launches 1P Deduction Tool for Walmart Suppliers
Carbon6, a global leader in ecommerce software solutions, has announced its 1P Deduction Management solution for Walmart suppliers. The new solution empowers suppliers to efficiently identify and recover deductions stemming from carton shortages and price differences, areas that have long impacted Walmart suppliers’ profitability.
In Semiconductor & Electronics this week…
Cron AI & Lumotive Launch AI-Powered Solid-State LiDAR with Beam Steering Chip
Cron AI, a leader in adaptive 3D edge perception platforms, and Lumotive, a pioneer in programmable optical semiconductors, have announced a groundbreaking partnership. Together, they aim to enable the next generation of 3D sensor technology: a solid-state LiDAR design with integrated deep learning capabilities, utilizing Lumotive’s Light Control Metasurface (LCM™) chip for enhanced 3D sensing.