Tuesday, December 10, 2024

Read Magazine’s Weekly News Roundup With Exolaunch, Bayer, ROHM, QIAGEN, And More!

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…

Exolaunch to Deploy 22 Satellites on SpaceX Bandwagon-2

Exolaunch, a global leader in launch mission management, integration, and satellite deployment services, is ready for its next major launch: the Bandwagon-2 Rideshare mission with SpaceX. Building upon the success of the inaugural Bandwagon mission earlier this year, Exolaunch will once again integrate and deploy satellites into orbit for a diverse range of international customers. The Bandwagon-2 mission is scheduled to lift off no earlier than December 2024 from Vandenberg Space Force Base in California.

In Agritech news this week…

Bayer and Orbia Netafim Boost Digital Farming Tech Collaboration

Orbia’s Precision Agriculture business Netafim and Bayer announced an expansion of their strategic collaboration, starting with new digital farming solutions for fruit and vegetable growers. By simplifying primary data collection and delivering a system that can generate tailored recommendations from that data, the new solutions aim to help growers maximize crop production and optimize their use of resources, thus minimizing the impact on the environment.

In Automotive news this week…

ROHM and Valeo Co-Develop Next-Gen Power Electronics

ROHM Semiconductor and Valeo, a leading automotive technology company, announced they are collaborating to propose and optimize the next generation of power modules for electric motor inverters using their combined expertise in power electronics management. As a first step, ROHM will provide its 2-in-1 Silicon Carbide (SiC) molded module TRCDRIVE pack™ to Valeo for future powertrain solutions.

In BFSI news this week…

Cardless Secures $30M from Top Fintech VCs

Cardless, a leading fintech innovator known for transformative co-branded credit card solutions, announced a $30 million growth investment round led by Activant Capital, with participation from new and existing investors including Mischief (the fund co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant and Amex Ventures. This brings Cardless’ total equity funding to date to over $90 million. Despite industry challenges like rising interest rates and inflation, Cardless has seen more than 10x revenue growth since the start of 2023.

In Biotech this week…

QIAGEN Unveils New Tools for Customizing Microbial Analysis

QIAGEN announced the launch of two new tools for designing and ordering custom solutions that can be used to support microbial analysis of bacterial, fungal and viral targets.

Eos Energy Enterprises, Inc, a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, announced it has signed a Memorandum of Understanding (MOU) with Wabash, a world-class provider of advanced engineering and operational solutions for the transportation, logistics, and distribution industries. The proposed partnership would accelerate Eos’ ability to deliver large-scale battery energy storage systems (BESS) through Wabash’s manufacturing and supply chain expertise and national distribution network.
In Materials this week…

Radiant Vision Unveils ProMetric I16-G-SC Colorimeter & Spectrometer

Radiant Vision Systems, a leading provider of image-based light and color measurement solutions, announces its new ProMetric® I16-G-SC, a combination of an imaging colorimeter & spectrometer for complete color measurement in one solution.

In Retail this week…

Nuqleous Revolutionizes Retail Analytics with Interactive Edge Acquisition

Nuqleous, a leader in B2B SaaS solutions specializing in retail analytics and space planning optimization, announced the acquisition of Interactive Edge, a leading software platform for retail insights and reporting automation. Interactive Edge has pioneered category management and sales analytics automation for over 25 years, helping CPG companies transform complex data into compelling insights.

Smartkem & AUO Partner for Rollable, Transparent MicroLED Displays

Smartkem, positioned to power the next generation of displays using its disruptive organic thin-film transistors (OTFTs), has partnered with AUO, the largest display manufacturer in Taiwan, to jointly develop the world’s first advanced rollable, transparent microLED display using Smartkem’s technology.

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