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…
RTX, Raytheon & Ursa Major Complete Successful Flight Test
Raytheon, an RTX business, and Ursa Major announced its advanced long-range solid rocket motor completed a successful missile flight test for the U.S. Army. The companies’ combined experience and expertise in digital engineering was a critical factor in accelerating the design and development of this transformational capability.
In Automotive news this week…
Power Integrations Launches 800V Switcher IC for Automotive Use
Power Integrations, the leader in high-voltage integrated circuits for energy-efficient power conversion, introduced a wide-creepage package option for its InnoSwitch 3-AQ flyback switcher IC for automotive applications. A wide drain-to-source-pin creepage distance of 5.1 mm eliminates the need for conformal coating, making the IC compliant to the IEC60664-1 standard in 800 V vehicles while simplifying manufacturing and increasing system reliability.
In BFSI news this week…
eGrowcery & Forage Partner to Enable EBT SNAP Payments
eGrowcery, developer of the leading retail food industry white-label eCommerce platform, and Forage, the mission-driven SNAP EBT payments company for grocers of all sizes, are partnering to provide supermarket operators with a comprehensive payment solution for digital orders. The companies will collaborate on systems integration and business development.
In Biotech this week…
Roche Revolutionizes Diagnostics with cobas Mass Spec
Roche announced that it has received CE mark approval for its cobas® Mass Spec solution including the cobas i 601 analyser and the first Ionify® reagent pack of four assays for steroid hormones2. The CE mark is the first milestone in the global launch of the cobas Mass Spec solution, using in-house innovation to bring automated, integrated and standardised clinical mass spectrometry testing to routine laboratories worldwide.
In Chemical news this week…
Dow & Innventure Partner on Waste-to-Value Platform
Dow and Innventureopens in a new tab, a technology commercialization platform, announced plans to collaborate to develop and commercialize new waste-to-value technologies. The collaboration aims to enable globally scalable, cost-effective conversion of mixed wastes to petrochemical feedstocks.
In Defence Technology news this week…
BAE Systems Wins $68M U.S. Army CATV Contract
BAE Systems has been awarded $68 million in contracts to produce an additional 44 Cold Weather All-Terrain Vehicles (CATV) for the U.S. Army. The order includes a $48 million add-on to the existing full-rate production contract, awarded in August 2022, and a $20 million award for 2025 funding.
In Energy, Power and Sustainability news this week…
BP & JERA Form Global Offshore Wind Partnership
bp and JERA Co., Inc. have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators. The combination will create a global business, to be called JERA Nex bp, with a balanced mix of operating assets and development projects with total 13GW potential net generating capacity.
In Food and Beverage this week…
PAR Technology Acquires Delaget, Boosting Restaurant Analytics
PAR Technology Corporation, a global foodservice technology company, announced its acquisition of Delaget, LLC, a leading provider of restaurant analytics and business intelligence solutions. The transaction closed on December 31, 2024. Founded in 2001, Delaget serves over 30,000 locations, with 125+ brands among its customers (including 40 of the top 50 North America-based restaurant concepts).
In Healthcare this week…
HCA Healthcare Appoints Wendy Warren as VP & Chief Ethics Officer
HCA Healthcare, Inc, one of the nation’s leading healthcare providers, announced that Wendy Warren, a more than 10-year veteran of HCA Healthcare, has been appointed senior vice president and chief ethics and compliance officer, effective March 3, 2025. Warren succeeds Kathi Whalen, who is retiring after 27 years with the company.
In IoT this week…
Meritech & 1NCE Partner to Simplify Global IoT
Meritech’s monoZ, a leading IoT integration solutions provider, and 1NCE, which has the largest global IoT network in the cloud, have joined forces to simplify IoT deployments on a global scale. As a certified integration partner for 1NCE, one of the fastest growing companies in IoT, monoZ can now offer enterprise and SMB companies a streamlined, efficient and rapidly-scalable IoT deployment process.
In Logistics and Supply Chain this week…
Easyship Integrates with Zoho Inventory for Global Shipping
Easyship, a leading all-in-one shipping platform, announces its new integration with Zoho Inventory, an end-to-end inventory and order management solution from Zoho, a leading global technology company. This powerful collaboration empowers businesses of all sizes to streamline their shipping operations and access cheaper rates and delivery options, with the ability to buy shipping labels directly within Zoho Inventory.
In Retail this week…
George Johnson Joins Advantage Solutions as Workforce Chief
Advantage Solutions Inc, a leading provider of business solutions to consumer goods manufacturers and retailers, announced the appointment of George Johnson as chief workforce operations officer, effective Dec. 31. Johnson will join the company’s executive leadership team and report to CEO Dave Peacock. In the newly created position, Johnson will oversee all aspects of Advantage’s workforce strategy for frontline workers, including talent acquisition, workforce enablement and safety.
In Semiconductor & Electronics this week…
AMD Unveils Versal RF SoCs with Industry-Leading Compute & RF Integration
AMD announced the expansion of the AMD Versal adaptive system-on-chip (SoC) portfolio with the introduction of the Versal RF Series that includes the industry’s highest compute performance in a single-chip device with integrated direct radio frequency (RF)-sampling data converters.
Article of the Week
Freight Analytics: The what, how, and why!
Freight analytics is the basic, strategic process of analyzing data regarding the movement of goods. The data collected is crucial for maintaining supply chain efficiency and reducing costs. This blog focuses on cost optimization, freight routing, performance metrics, and real-time tracking. Understanding these components helps businesses bring about positive changes in their freight operations and improve supply chain management. Here are several ways in which freight analytics enhances supply chain management: