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…
Rocket Lab Delivers Second Spacecraft for Varda Space
Rocket Lab USA, Inc, a global leader in launch services and space systems, has completed testing and integration of its second Pioneer spacecraft for Varda Space Industries, Inc. (“Varda”), the world’s first in-space pharmaceutical processing and hypersonic Earth re-entry logistics company.
In Agritech news this week…
Quectel Unveils QLM29H Series GNSS Receivers for Precision and Integration
Quectel Wireless Solutions, a global IoT solutions provider, announces the launch of the Quectel QLM29H series of dual-band multi-constellation receivers. Designed for easy integration, the QLM29H combines the LC29H GNSS module with an integrated GNSS patch antenna to simplify RF design. It supports dual-band L1 and L5 signals and provides excellent multipath rejection, especially in challenging environments such as urban canyons where high-precision positioning is critical.
In Automotive news this week…
Altair Partners in £5.8M PIVOT Project for Sustainable Vehicle Manufacturing
Altair, a global leader in computational intelligence, has announced its involvement in the £5.8 million Performance Integrated Vehicle Optimization Technology (PIVOT) project, supported by Innovate UK and the Advanced Propulsion Centre (APC). The project aims to revolutionize vehicle manufacturing by creating lighter, more sustainable components, thanks to Altair’s cutting-edge artificial intelligence (AI) and simulation capabilities.
In BFSI news this week…
Adyen Innovates In-Person Payments with New Products
Adyen, the financial technology platform of choice for leading businesses, announced a major advancement in the in-person payments (IPP) landscape, underscoring its commitment to innovation with industry-defining solutions. This comprehensive update not only improves the payments experience for merchants and customers, but also solidifies Adyen’s position as a leader in payments technology.
In Biotech this week…
BioSkryb Genomics Joins Human Cell Atlas to Enhance Single-Cell Technology
BioSkryb Genomics, a company ushering in the next generation of single-cell technology, announced a partnership with the Human Cell Atlas (HCA), a global consortium that is mapping every cell type in the human body, creating a 3-dimensional Atlas of human cells to transform our understanding of biology and disease.
Bloomage Launches Operational Pilot-Scale Testing Platform for Open Innovation
Bloomage, a global leader specializing in hyaluronic acid and other bioactive substance innovations, has announced the completion of its new pilot-scale testing platform. With the pharmaceutical-grade pilot testing wing now fully operational, this state-of-the-art facility is now fully capable of accelerating the transition from research to large-scale production for both Bloomage and external industry partners, covering the entire biomanufacturing process including fermentation, purification, and refining.
In Defence Technology news this week…
AAR Wins 5-Year P-8A Poseidon Engine Overhaul Contract from U.S. Navy
AAR CORP., a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a five-year indefinite delivery / indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion by the U.S. Navy’s Naval Air Systems Command (NAVAIR) to perform engine depot maintenance and repair for its P-8A Poseidon Aircraft fleet. This new award follows a recently announced award under which AAR will continue to perform P-8A airframe maintenance for the U.S. Navy.
In Energy, Power and Sustainability news this week…
Lithos Carbon’s Enhanced Rock Weathering for Microsoft
Lithos Carbon announced Microsoft as a return carbon removal customer, having signed a new, three-year agreement to permanently remove CO₂ using Enhanced Rock Weathering (ERW). As of December 2023, Lithos Carbon delivered 500 tons of carbon removal for Microsoft, by deploying ultra-fine, organic-grade volcanic basalt rock dust on US farmland.
In Food & Beverage this week…
Mondelēz Partners with Accenture and Publicis to Boost AI Marketing
Mondelēz International announced the launch of a new platform designed to improve its global marketing capabilities while optimizing consumer experiences through expanded use of artificial intelligence (AI) and generative AI (gen AI). Working in collaboration with Accenture (NYSE: ACN) and Publicis Groupe, the company’s new platform will enable faster, more efficient creation of personalized text, images and videos.
In Healthcare this week…
WellSpan First Major Health System to Launch Hippocratic AI’s Healthcare Agent
WellSpan Health, an integrated care delivery system dedicated to clinical and operational innovation, has partnered with Hippocratic AI, the creators of the first patient-facing, safety-driven large language model (LLM) designed for healthcare. Together, they announced today the launch of a pioneering clinical GenAI healthcare agent—a conversational AI-powered service tailored to interact with patients, aiming to improve healthcare access, equity, and outcomes.
In Information Technology this week…
Cloudflare Makes Essential Security Tools Free for All
Cloudflare, Inc, the leading connectivity cloud company, announced it is making several critical security tools available for free, including access to its comprehensive Zero Trust Platform, Cloudflare One. By leveraging the power of these tools, security teams can now efficiently gain visibility into and assess the overall health of their organization without the stress of expensive vendor renewals or shrinking security budgets.
In IoT this week…
Trilliant and Sense Team Up for Enhanced Energy Management
Trilliant, a leading international solutions provider for advanced metering infrastructure (AMI), smart grid, smart cities and IIoT, has announced a North America partnership with Sense, the leader in embedded intelligence that transforms the relationship between people, homes, and the grid, to help utilities more efficiently deploy edge analytics at scale.
TreviPay Boosts Dealer Management with New API Integrations
TreviPay , the most trusted B2B payments and invoicing network, announced enhancements to dealer management systems for commercial equipment dealers in the fleet maintenance space. In addition to the seamless onboarding and integration process, TreviPay’s advanced API technology captures line item details from transactions in real time. The enhancements provide a seamless payment experience for fleet drivers and dealers, eliminating manual, inefficient processes.
In Materials this week…
Materion Names Jason Moore President
Materion Corporation, a global leader in advanced materials solutions, announced the appointment of Jason Moore as President of Precision Optics. In this role, Jason will lead the Precision Optics business segment, which produces customized optical and thin-film coatings and components that enable advances across several megatrend-aligned industries including space and defense, life sciences, industrial, semiconductor and automotive. Moore joined Materion in August and reports directly to Jugal Vijayvargiya, Materion President and Chief Executive Officer.
In Madical devices this week…
Exactech Launches 3D-Printed Tibial Implants for Total Ankle Surgeries
Exactech, a global medical technology leader, announced the successful completion of the first ankle replacement surgeries using its new Vantage® Ankle 3D and 3D+ tibial implants.
James Lachman, MD, of St. Luke’s University Health Network, performed the first ankle procedure last week in Easton, Penn.
In Retail this week…
CommentSold and Seel Team Up for Hassle-Free Shopping
CommentSold, the leading video commerce development platform, announced its partnership with Seel. CommentSold will offer its retailers and customers the ability to shop sustainably and risk-free through Seel’s Worry-Free Purchase offering.
In Semiconductor & Electronics this week…
Alpha and Omega Unveils Ideal Diode Switch with LPS for USB-C Protection
Alpha and Omega Semiconductor Limited, a designer, developer, and global supplier of a broad range of discrete power devices, wide band gap power devices, power management ICs, and modules, announced the release of its AOZ1390DI-01 and AOZ1390DI-02 ideal diode protection switches. The new devices are particularly well-suited for multi-port Type-C PD 3.0 current sinking applications up to 100W, such as high-performance laptops, personal computers, monitors, docking, and other Type-C port applications.
Article of the Week
How Genomics is Shaping the Future of Personalized Medicine
In recent years, the field of medicine has witnessed a transformative shift towards a more individualized approach to healthcare—commonly known as personalized medicine. As advancements in genomics, biotechnology, and data analytics continue to reshape the landscape of healthcare, the future of personalized medicine looks promising.