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…
BAE Systems to Develop Next-Generation Airborne Decoy Countermeasure
BAE Systems has been selected by the U.S. Navy to develop Dual Band Decoy (DBD), one of the most advanced radio frequency (RF) countermeasures in the world. DBD is a cutting-edge RF self-protection jammer that shields fighter jets from enemy attacks. Expanding the capabilities of BAE Systems’ combat-proven AN/ALE-55 Fiber-Optic Towed Decoy, DBD consists of a towed unit connected by fiber-optic cable to electronic warfare equipment onboard the aircraft.
In Automotive news this week…
izmocars Launches ReviewSoda, Leveraging AI to Revolutionize Online Reputation Management for Auto Dealers
izmocars, a leading provider of innovative solutions for the automotive industry, announced the launch of ReviewSoda, a groundbreaking AI-powered review response platform designed specifically for auto dealers. ReviewSoda automates the review management process by sending customized invitations for feedback and responding to Google reviews in real-time. The platform ensures that each response is unique, tailored, and timely, thus eliminating generic and repetitive responses that customers can easily spot and dislike.
In BFSI news this week…
Visa Reinvents the Card, Unveils New Products for Digital Age
InvoiceCloud, a leading solution for digital bill payment services, has received category wins for Customer Service Department of the Year in the 22nd Annual American Business Awards®, and Customer Service Department of the Year – Financial Services – 100 or More Employees in the 18th annual Stevie Awards for Sales & Customer Service.
In Biotech this week…
Integrated DNA Technologies and Molecular Health Ink Commercial Partnership
Genomics solutions provider Integrated DNA Technologies (IDT) and Bio-IT company Molecular Health have entered into a global multi-year agreement, starting in the U.S., to integrate their next generation sequencing (NGS) capabilities. The partnership pairs IDT’s Archer NGS research assay platform with Molecular Health’s variant annotation and reporting software to equip molecular researchers with tertiary analysis for their NGS data, maximizing lab efficiency and streamlining genomics data workflows to accelerate cancer discoveries.
In Defence Technology news this week…
Sigma Defense Secures 1-Year $4.7M Task Order from the U.S. Army for AI Powered Virtual Training Environment
Sigma Defense announced that it has been awarded a 12-month, $4.7M task order to support the Army’s Operator Maintainer Immersive Virtual Reality Environment for Intelligence Training (Project OMNIVORE-IT). The company partnered with Brightline Interactive (BLI) to develop, demonstrate, and deploy a next-generation training ecosystem that utilizes spatial computing and Augmented Intelligence (AI) workflows to create a virtual training environment.
In Energy, Power and Sustainability news this week…
Honeywell Partners With Enel North America To Help Stabilize Power Grids Through Energy Management Automation
Honeywell announced its partnership with Enel North America (“Enel”) to enhance building automation and demand response solutions for commercial and industrial organizations by using automation to control and regulate energy loads to help stabilize the power grid. Together, Enel North America and Honeywell are enabling organizations to seamlessly integrate demand response programs into their facilities while simultaneously maximizing operational efficiency.
In Food & Beverage this week…
Grupo Bimbo and Oobli Partner to Integrate Sweet Proteins in Baked Goods
Oobli, the leading global sweet protein brand and manufacturer known for its healthy sugar alternatives, and Grupo Bimbo, the leading bakery worldwide, have entered into a formal agreement to integrate sweet proteins as a completely new way to sweeten baked goods. This marks the first time Grupo Bimbo will test sweet proteins in a number of baked goods categories core to Bimbo’s brand portfolio.
In Healthcare this week…
Healthcare Pioneers Medically Home Group and Siemens Healthineers Forge a Collaboration to Enhance Capabilities for Providing Advanced Patient Care at Home
Medically Home Group, the leading company in developing and operationalizing decentralized care to the home for patients with serious, complex, or high-risk illness, together with Siemens Healthineers, a leading medical technology company committed to increasing patient access to quality healthcare, are collaborating to expand the growing movement of providing advanced medical care to patients in their homes.
In Information Technology this week…
The Shipyard Completes Acquisition of Fahlgren Mortine, National Public Relations Agency of the Year
The Shipyard, one of Adweek’s Fastest Growing Agencies nationally, has acquired Fahlgren Mortine – one of the top 20 firms in the nation (O’Dwyer’s), and the two-time reigning Mid-Sized Agency of the Year as designated by the Public Relations Society of America. The Shipyard will maintain the Fahlgren Mortine brand, which will now have access to expanded media buying volume, creative firepower and data and analytics resources.
In Logistics and Supply Chain this week…
Geek+ partners with BlueSkye Automation to bring customers complete smart warehouse solutions
Geekplus, the global leader in mobile robot and smart logistics solutions, has partnered with BlueSkye Automation to deploy a fully automated smart warehouse solution powered by the Geekplus suite of Goods-to-Person mobile robots for a Georgia-based 3PL. Future projects include implementations for a large consumer goods producer and an integrated autonomous solution for a leading automotive manufacturer.
In Internet Of Things (IOT) this week…
CITECH Announces MOU with WiSA Technologies to Integrate WiSA E into its HiFi ROSE Line of Media Streamers
WiSA Association, a subsidiary of WiSA Technologies, Inc. and a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, and CITECH Co., Ltd (004920.KS), a leading South Korean-based manufacturer of hi-fi audio products, digital advertising/information kiosks, and telecommunication media products, announced the two companies have entered into a strategic partnership designed to integrate WiSA’s powerful WiSA E software into CITECH’s HiFi ROSE line of media streamers.
In Materials this week…
Eivind Kallevik appointed as Hydro’s new President and CEO
Eivind Kallevik assumed his position as Hydro’s new President and CEO, launching his agenda for accelerating Hydro’s strategy of pioneering the green aluminium transition, powered by renewable energy towards 2030. Hydro is present throughout the full value chain of aluminium production and able to pull levers in every step, from when bauxite is mined until shipments of aluminium solutions leave Hydro’s facilities.
In Retail this week…
Domo Announces New Omnichannel Optimization Solutions For Retailers
Domo announced the availability of a new suite of Domo features and tools in the Shopify app store designed to revolutionize the way retailers run their business. Offering a holistic view of retail operations and customer experiences, underpinned by Domo’s industry-leading AI and automation technologies, the Domo + Shopify app helps retailers boost operations and gain a lasting competitive edge.
In Semiconductor & Electronics this week…
Advantest Unveils New Ultra-High-Current Power Supply for V93000 EXA Scale SoC Test System
Leading semiconductor test equipment supplier Advantest Corporation announced the newest addition to its portfolio of power supplies for the V93000 EXA Scale SoC test platform. The DC Scale XHC32 power supply offers 32 channels with an unprecedented single-instrument total current of up to 640A, enabling the card to efficiently address the rapidly rising power requirements for artificial intelligence (AI) accelerators, high-performance computing (HPC) chips, graphical processing units (GPUs), and other high-current devices like network switches and high-end application processors.
Article of the Week
Cell Therapy: A Comprehensive Guide to Its Types and Benefits
Years ago, if anyone had thought science would progress so much that a single cell from a human’s body would be enough to cure some deadly disease, nobody would have believed it. Fast forward to the 21st century; this is now possible, and it’s called “cell therapy.” Learn how this groundbreaking field of medical research holds immense potential in revolutionizing healthcare.