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…
On Space Exploration Day, the California Science Center began Go for Stack, the complex process of moving and lifting each space shuttle component into place for Endeavour’s upcoming, awe-inspiring, 20-story vertical display.
In Agritech news this week…
EarthDaily Agro, a division of geospatial analytics company EarthDaily Analytics, has been selected by leading renewable fuel developer Global Clean Energy Holdings, Inc. and its subsidiary Sustainable Oils, Inc. to support their work to increase the adoption of camelina in the renewable fuels marketplace through their Climate-Smart Camelina Project.
In Automotive news this week…
Laser Photonics Highlights Drivetrain Cleaning Capabilities of its CleanTech Laser System
Laser Photonics Corporation, a leading global industrial developer of CleanTech laser systems for laser cleaning and other material applications, highlights key applications for its laser cleaning systems.
In BFSI news this week…
The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow Service, is now live. Banks and credit unions of all sizes can sign up and use this tool to instantly transfer money for their customers, any time of the day, on any day of the year.
In Biotechnology news this week…
VitalConnect Secures over $30 Million in Oversubscribed Series F Financing
VitalConnect, Inc., a leader in remote and in-hospital wearable biosensor technology, announced closing on an oversubscribed Series F financing in excess of $30 million. The financing round was led by Revelation Partners with significant participation from the company’s existing investors, including Pacific General Ventures and EW Healthcare Partners.
In Chemicals news this week…
MATHESON Signs Oxygen Supply Contract for 1PointFive’s DAC Plant
Nippon Sanso Holdings Corporation hereby announces that Matheson Tri-Gas, Inc., NSHD’s U.S. operating company entered into a gas supply agreement with 1PointFive to provide oxygen for the carbon capture, utilization and sequestration company’s first Direct Air Capture (DAC) plant in Texas.
In Defence Technology news this week…
Sidus Space, Inc., a Space and Defense-as-a-Service satellite company focused on mission-critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support, was awarded a new subcontract to produce hardware in support of Parsons Corporation’s Launch Manifest Systems Integration (LMSI) contract. Under the terms of the agreement, Sidus Space will fabricate a master harness assembly and test cables for Parsons.
In Energy, Power and Sustainability news this week…
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Fortescue Future Industries (FFI), a global green energy and metals company committed to leading the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale, announced FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project.
In Food & Beverage news this week…
Phenomenex Inc., a global leader in the research and manufacture of advanced separation science technologies, announced the Luna Polar Pesticide HPLC Column, which features a proprietary phase that efficiently separates cationic and anionic pesticides from non-derived food, feed, air, and water samples, along with rapid conditioning and robust ion analysis pesticides.
In Healthcare this week…
Veradigm Announces New and Expanded Provider Partnerships
One of Veradigm’s largest Veradigm EHR clients, State of Franklin Healthcare Associates (SOFHA), a physician-owned and led primary care and multi-specialty healthcare system in upper East Tennessee and Southwest Virginia, expanded its agreement with Veradigm to include Veradigm Revenue Cycle Services.
In Information Technology this week…
Anviz presents IntelliSight, a cloud-based distributed video surveillance solution
Anviz, a leading provider of converged and professional intelligent security solutions, recently announced the launch of IntelliSight , its latest video surveillance offering that harnesses the power of distributed cloud and 4G technology to create an all-in-one security solution that offers unmatched versatility, security and data analysis capabilities. Now, the user can enjoy one year of free cloud storage.
In MarTech this week…
Pactum AI Launches SAP Integration to Solve “Tail Spend”
Pactum AI, the pioneer of autonomous negotiations, has announced that its integration with SAP is now available on the SAP Store, the online marketplace for SAP and partner offerings. This addition brings cutting-edge AI chatbot negotiations to the SAP procurement world, enabling organizations to optimize purchasing negotiations and unlock significant cost savings.
In Internet Of Things (IOT) this week…
PCTEL Announces its Edge™ Sensor Platform, the Next Step in the Evolution of Wireless Connectivity
PCTEL, Inc., a leading global provider of wireless technology solutions, announced its new Edge Sensor platform. The Edge Sensor is an integrated, ruggedized, flexible antenna plus sensor solution focused on reliable and improved edge connectivity and sensing for harsh Industrial IoT applications such as smart utilities, agriculture, mining, and industrial process automation.
In Logistics and Supply Chain this week…
Lineage and Bay Grove Appoint Billy Sarracino CEO of Turvo
Turvo Inc., provider of the world’s leading collaboration application designed specifically for the supply chain, announces that parent company, Lineage Logistics LLC and Bay Grove, appoint Billy Sarracino Chief Executive Officer of Turvo. Sarracino will be transitioning from his role as Chief Financial Officer (CFO), where he has served since 2019. Former Chairman and CEO, Scott Lang, will continue to serve as Advisor to Turvo.
In Materials this week…
Maddox Industrial Transformer opens new Ohio location
Maddox Industrial Transformer, one of the largest providers of electrical transformers in the United States, has opened a new 45,000-square-foot production facility in Batavia, Ohio.
In Medical Devices this week…
Willowwood Launches Fiberglass Meta® Shock X
Building on the success of META Shock X, WillowWood launches the Fiberglass META Shock X. The revolutionary META feet combine responsive energy return with balance, stability, and impact protection. All META feet feature the industry’s first unibody platform, free of hardware for a minimal and lightweight, but durable design.
In Retail this week…
Centric Software Wins 4 Just Style Excellence Awards 2023
Centric Software, the Product Lifecycle Management (PLM) market leader, has received four accolades in the Just Style Excellence Awards 2023. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, footwear, sporting goods, furniture, home décor, consumer electronics, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals.
In Semiconductor & Electronics this week…
Paul Sura to lead Technology and Manufacturing Operations at SkyWater
SkyWater Technology, the trusted technology realization partner, announced Paul Sura has joined the company as executive vice president to lead its Technology and Manufacturing Operations (TMO) team. Sura’s new role at SkyWater encompasses all elements necessary to execute the operational fundamentals of the company.
Article of the Week
Contract Lifecycle Management: Your Secret Weapon for Goal-Oriented Contracts
Every organization has a whole bunch of stuff happening behind the scenes, like tons of documents, processes, and agreements. How you handle all this operational stuff isn’t just about what you like personally. It’s like the engine that keeps your organization chugging along and making progress.