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…
Delta Air Lines Partners with JetZero to Develop Fuel-Efficient Blended-Wing Aircraft
Delta Air Lines is collaborating with California-based startup JetZero to develop a revolutionary blended-wing-body (BWB) aircraft, aiming to enhance fuel efficiency and support sustainability goals.
In Automotive news this week…
Stable Auto and EV Connect Partner to Revolutionize EV Charging with Adaptive Pricing
Stable Auto, a leader in EV charging analytics, has formed a strategic partnership with EV Connect, a provider of smart charging management solutions. This collaboration will integrate Stable Auto’s adaptive pricing technology into EV Connect’s platform, allowing charging station operators to adjust rates dynamically based on real-time conditions. The partnership is expected to enhance pricing transparency, optimize revenue for station owners, and make charging more affordable for EV drivers.
In Agritech news this week…
Farmers Edge Opens Premier Agricultural Lab Services to Agribusinesses and Farmers in the U.S. and Canada
Farmers Edge, a premier agricultural technology provider, is expanding its soil laboratory services to the public, offering agribusinesses, retailers, and farmers access to high-quality, technology-driven soil and plant tissue testing. With state-of-the-art labs in the U.S. and Canada, Farmers Edge Laboratories has conducted over 7 million soil tests for its customers—now, retailers and agricultural professionals can access those same accurate, high-speed, and insight-driven services to maximize their business offerings.
In BFSI news this week…
Cloudsmith Raises $23M Series B to Secure the Future of Software Supply Chains
Cloudsmith, the cloud-native artifact management platform redefining software supply chain security, has raised a $23 million Series B funding round led by TCV, with participation from Insight Partners and existing investors. Cloudsmith is used by enterprises that need control, security, and scalability in their software supply chain, and the company is cementing its position as the modern, developer-friendly, enterprise-scale alternative to legacy artifact management offerings from JFrog and Sonatype.
In Biotech this week…
Gensaic Announces Collaboration with Novo Nordisk to Unlock Next Generation Precision Therapies
Gensaic, Inc., a biotechnology company that combines AI-powered protein design with biological insights to discover ligands for tissue-selective intracellular delivery, announced a license and discovery collaboration with Novo Nordisk, a global healthcare company. This collaboration unites Novo Nordisk’s deep therapeutic knowledge and drug development experience with Gensaic’s novel protein design technology with the aim to discover tissue targeting ligands and develop new therapeutic candidates to treat cardiometabolic disease via undisclosed targets.
In Defence Technology news this week…
Claroty Joins Forces with Parsons and SealingTech to Strengthen Federal Cyber Defense
Claroty, a leader in operational technology (OT) and cyber-physical systems (CPS) security, has formed a strategic alliance with Parsons Corporation and Sealing Technologies, Inc. to enhance the cybersecurity capabilities of federal agencies. The partnership aims to deliver a robust, integrated solution specifically designed to support Cyber Protection Teams (CPTs) in defending critical infrastructure and mission-critical systems from evolving threats.
In Energy, Power and Sustainability news this week…
Ranpak Enhances Sustainable Packaging with Introduction of PaperWrap
Ranpak Holdings Corp, a global leader in sustainable packaging solutions, has expanded its portfolio by introducing PaperWrap, an innovative alternative to traditional plastic stretch film for pallet wrapping.
In Healthcare this week…
CommonWell Health Alliance Launches Healthcare Marketplace To Advance Interoperability
CommonWell Health Alliance announced it is launching the CommonWell Marketplace, a platform designed to connect healthcare providers with innovative solutions that enhance interoperability and improve patient care. The Marketplace will serve as a one-stop shop for leading-edge technologies and services, empowering healthcare organizations to optimize their nationwide health data exchange priorities.
In Logistics and Supply Chain this week…
Swift Navigation Works with STMicroelectronics to Launch End-to-End GNSS Solution for Automotive Autonomy
Swift Navigation, a global company transforming how positioning technology is applied across industries, has worked with STMicroelectronics to provide a comprehensive, end-to-end solution for automotive safety and autonomy. This joint offering combines Swift’s Skylark Precise Positioning Service with ST’s new groundbreaking Teseo VI GNSS chipset, delivering an integrated approach that maximizes performance and cost-efficiency, while reducing time-to-market.
In Medical device this week…
NAMSA Completes Acquisition of WuXi AppTec US Medical Device Testing Business
NAMSA, a leading US based MedTech testing, clinical and regulatory consulting firm, announced that it finalized its acquisition of WuXi AppTec’s US medical device testing operations on February 28.
In Retail this week…
LegitScript Unveils Next-Generation AI-Powered Platform That Transforms Merchant Risk Management
LegitScript, the leader in merchant and product compliance solutions, announced a suite of powerful innovations designed to help payments companies, e-commerce marketplaces, and online platforms detect risk and enable growth with greater accuracy and speed than ever before. These advancements, anchored by LegitScript’s new Xray AI Risk Intelligence platform, reinforce the company’s position as the trusted risk management partner for every stage of merchant growth. In 2024 alone, LegitScript saved its Merchant Monitoring clients from $1.6 billion in potential card network fines.
Article of the Week
What Is AIoT? How AI and IoT Are Powering the Future of Smart Technology
The global supply chain is getting a major upgrade. The push for speed, accuracy, and scalability is behind this transformation. It’s all thanks to autonomous warehouse management, which is the game-changer here. This technology revolution is changing the way businesses handle their products from storage to delivery, fast. According to Statista, in 2020, the U.S. spent an average of US$ 377,000 in warehouse automation.