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…
Sierra Space and DoE’s Oak Ridge National Laboratory Revolutionizing Thermal Protection
Sierra Space, a leading commercial space company and defense tech prime that is Building a Platform in Space to Benefit Life on Earth®, announced a groundbreaking new technology in collaboration with the U.S. Department of Energy’s Oak Ridge National Laboratory. The breakthrough development enables exterior spacecraft tiles that can withstand the high temperatures of re-entering Earth’s atmosphere over multiple, frequent missions.
In Agritech news this week…
Planet Expands Deal with Abelio
Planet Labs PBC, a leading provider of daily data and insights about Earth, announced that it has signed an expansion with their partner Abelio, a French technology company offering smart farming solutions. Abelio leverages the Planet Insights Platform and the company’s PlanetScope satellite data to enhance their digital agriculture solutions. Through this expansion, Abelio will have access to agricultural data across France – nearly three times the amount of Planet data that it previously integrated into its solutions in 2023.
In Automotive news this week…
Hyundai Motor Company Appoints José Muñoz as CEO
Hyundai Motor Company announced the appointment of José Muñoz as the company’s President and CEO, effective Jan. 1, 2025. Muñoz will lead Hyundai Motor Company’s global business, succeeding current President and CEO Jaehoon Chang, who has been promoted to the Vice Chair of Hyundai Motor Group – Automotive Division.
In BFSI news this week…
Sling Money Launches in U.S., Enabling Instant Global Transfers
Sling Money, the app designed to simplify international payments, announced its official launch in the United States. The app makes instant stablecoin-based peer-to-peer payments accessible to customers of all major banks in the United States. Sling Money users in the United States can instantly send money to anyone in the United States or in 75+ countries where Sling Money supports instant transfers.
Biofidelity Launches Aspyre Lung Reagents for Integrated Biopsy Analysis
Biofidelity, a leader in innovative genomic solutions, announced the launch of Aspyre Lung Reagents (research use only) for liquid biopsy samples. Aspyre Lung identifies established non-small cell lung cancer (NSCLC) biomarkers in both DNA and RNA from tissue and blood in a single straightforward, four-step workflow and runs on existing qPCR platforms, enabling simple integration into laboratories globally.
Ecovyst Launches AlphaCat® Silicas for Biocatalysis
Ecovyst Inc., a leading integrated and innovative global provider of advanced materials, specialty catalysts and services, is proud to announce the launch of its AlphaCat® advanced silica products focused on enabling the advancement of biocatalysis.
In Defence Technology news this week…
ECS & ASGN Partners With NSA Cybersecurity Collaboration Center
ECS, an IT systems integrator focused on data and AI, cybersecurity, and enterprise transformation solutions, and an ASGN brand, has formed a strategic partnership with the National Security Agency’s (NSA) Cybersecurity Collaboration Center (CCC). This partnership will enable ECS to leverage the NSA’s Threat Intelligence Collaboration service to strengthen the security posture of its customers across the U.S. defense industrial base (DIB).
In Energy, Power and Sustainability news this week…
Bloom Energy Secures Gigawatt Fuel Cell Deal with AEP for AI Data Centers
Bloom Energy, the world leader in stationary fuel cell power generation, announced that it has signed a supply agreement with American Electric Power (AEP) for up to 1 gigawatt (GW) of its products, the largest commercial procurement of fuel cells in the world to date. As part of this agreement, AEP has placed an order for 100 megawatts (MW) of fuel cells with further expansion orders expected in 2025.
In Food & Beverage this week…
Campbell Names Daniel L. Poland Chief Transformation Officer
Campbell Soup Company announced the appointment of Daniel L. Poland to the newly created role of Executive Vice President and Chief Enterprise Transformation Officer, effective immediately. Poland will continue to report to President and Chief Executive Officer Mark Clouse and remain a member of Campbell’s Operating Committee.
In Healthcare this week…
Nick Sulaiman Appointed President & COO of Crossroads Treatment Centers
Crossroads Treatment Centers (Crossroads), a leading provider of substance use disorder (SUD) treatment, announced the appointment of Nick Sulaiman, a highly seasoned healthcare executive, as President and Chief Operations Officer, effective November 11. In this role, Sulaiman will lead the operations of Crossroads’ 100+ treatment centers across nine states and oversee key support teams that create the organizational infrastructure necessary to ensure timely and effective treatment for patients.
In Information Technology this week…
Trend Micro & Paris Peace Forum: Advancing Secure AI
Trend Micro Incorporated, a global cybersecurity leader, announced it will partner with Paris Peace Forum to play a pivotal role in guiding global leaders as they establish secure frameworks for AI adoption and implementation. Committed to advancing security for AI and emerging technologies, Trend is dedicated to ensuring AI’s safe and responsible integration across industries worldwide. As a long contributor to global security initiatives, Trend will be part of PPF’s multi-stakeholder ecosystem to advance the dialogue on secure AI.
In IoT this week…
Rocket Lab Sets Next Launch for Kinéis Constellation
Rocket Lab USA, a leading launch provider and space systems company, announced it has scheduled the next Electron launch for Kinéis, a global Internet-of-Things (IoT) connectivity provider. The “Ice AIS Baby” mission is scheduled to launch during a 14-day window that opens on November 23rd NZDT.
C.H. Robinson Launches Next-Gen Logistics Solutions
C.H. Robinson, the global leader in third-party logistics (3PL) and fourth-party logistics (4PL) services, with 35 million shipments and $22 billion in freight managed annually, announced the launch of C.H. Robinson Managed Solutions™, the next generation of logistics management. This innovation will solve a growing gap in the market for shippers wanting seamless access to cutting-edge TMS technology, 3PL managed transportation and 4PL services from one provider, at scale, with unmatched configurability, as supply chains grow increasingly complex.
In Materials this week…
Rigaku Unveils 3D Atomic-Scale Visualization of Amorphous Carbon
The X-ray Laboratory of Rigaku Corporation, a Rigaku Holdings Group company and a global solution partner for X-ray analysis, has developed the Total X-ray Scattering and RMC Modeling Method. TXS-RMC is a powerful technology that clarifies the atomic-scale 3D structure of amorphous carbon1.
In Madical devices this week…
Rexton Launches Rechargeable, Discreet Hearing Aid: Rexton Reach inoX-CIC Li
Expanding on its recently announced Rexton Reach hearing aid platform, hearing aid manufacturer Rexton has launched the Rexton Reach inoX-CIC Li, a rechargeable completely-in-canal (CIC) hearing aid that allows wearers to be fully involved in every conversation, even in challenging listening environments.
In Retail this week…
Swiftly & PDI Partner to Enhance Consumer-Brand Connections on GasBuddy
Swiftly, a leading provider of innovative retail technology and tools, announced a strategic relationship with PDI Technologies, a global leader in the convenience retail and petroleum wholesale ecosystem. Together, Swiftly and PDI are providing brands with the technology to deliver personalized offers and advertisements to consumers through the PDI GasBuddy app and its 6.5+ million monthly users. GasBuddy is the leading fuel savings platform, saving North American drivers and consumers money on gas and other items every day.
In Semiconductor & Electronics this week…
SilTest & yieldWerx Partner to Boost Semiconductor Yield in Europe
SilTest Semiconductors GmbH, a European player in semiconductor product development and testing services, is pleased to announce a strategic partnership with yieldWerx, a global provider of advanced semiconductor yield management software. This partnership combines SilTest’s deep engineering expertise with yieldWerx’s powerful data analytics capabilities to offer semiconductor companies in Europe enhanced solutions for yield optimization and production efficiency.
Article of the Week
Why Green Packaging Matters: A Guide to Sustainable Choices
Imagine getting a package and being hit with a mountain of waste—plastic, foam, boxes galore. It’s a familiar scene, and it’s happening billions of times every year. Enter green packaging, also known as sustainable or eco-friendly packaging, a powerful way to reduce the environmental toll of all that waste. Green packaging designs aim to lower their environmental impact. They use sustainable materials, like recyclable or biodegradable elements, and renewable energy in production.