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…
Chandrayaan-3, Isro’s third lunar mission, successfully launched into orbit
Chandrayaan 3 is an ISRO (Indian Space Research Organization) mission with the primary objective of putting a lander and rover in the highlands near the south pole of the Moon in the August 2023 timeframe and demonstrating end-to-end landing and roving capabilities.
In Agritech news this week…
Green Plains Announces Technology Collaboration
Green Plains Inc. announced a technology collaboration with Equilon Enterprises LLC (Shell). This collaboration allows for Green Plains Inc. via Fluid Quip Technologies’ precision separation and processing technology (MSC™) to be used with Shell Fiber Conversion Technology (SFCT).
In Automotive news this week…
Karma Automotive has formed a new partnership with Pratt Miller Engineering, the brand behind one of the most successful sports car teams in American racing history. The collaboration aims to define a race-inspired performance signature to current and future Karma production vehicles.
In Biotechnology news this week…
Illumina Inc., a global leader in DNA sequencing and array-based technologies, announced the launch of the latest version of DRAGEN™ software for analysis of next-generation sequencing data. DRAGEN 4.2 expands award-winning accuracy combined with its renowned flexibility and scalability to enable efficient workflows and extract meaningful insights from genomic data.
In Chemicals news this week…
Airgas Strategically Adds Argon Storage Capacity to Reinforce U.S. Supply Chain Network
Airgas, an Air Liquide company and a leading U.S. supplier of industrial, medical and specialty gases, safety and welding products, has installed two strategically located argon storage nodes to further strengthen the argon supply chain for its customers, who use argon in automotive and aeronautical, electronic, manufacturing and metal fabrication applications.
In Defence Technology news this week…
Vuzix Corporation, a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce the receipt of an OEM purchase order for engineering services and waveguide and display engine products from a US-based company that is a leading provider of sophisticated digital imaging products for aerospace and defense, and instrumentation solutions across multiple commercial and industrial systems.
In Energy, Power and Sustainability news this week…
ClearSign Technologies Corporation, an emerging leader in industrial combustion and sensing technologies that improve energy, operational efficiency and safety while dramatically reducing emissions, announced that the Company’s collaboration partner, Narion has been awarded a $250,000 phase one SBIR (small business innovation research) grant from the Department of Energy (DOE) to develop a technology utilizing ClearSign’s sensor, which will allow Narion to enable the efficient and complete combustion of flared waste gas.
In Food & Beverage news this week…
Olo Inc., a leading open SaaS platform for restaurants that enables hospitality at every guest touchpoint, announced the launch of ten product enhancements across its three product suites: Order, Pay, and Engage. One of the new enhancements marks the first availability of card-present payment processing through Olo Pay, now available when guests order in-store via a kiosk in partnership with Bite, a leading provider of self-service kiosks for quick-service restaurants. Additional kiosk applications are expected to be deployed in the near future in collaboration with other providers.
In Healthcare this week…
eClinicalWorks, the largest ambulatory cloud EHR, announced that Primary Care Joliet, a private healthcare organization at the forefront of value-based medicine, enhanced its patient experience with eClinicalWorks EHR and healow patient engagement solutions.
In Information Technology this week…
Swift Group Announces Acquisition of OPS Consulting
The Swift Group, LLC (Swift) announced its acquisition of OPS Consulting (OPS), an innovative solutions provider with advanced technologies in data analytics, high performance computing, and threat mitigation. OPS provides highly specialized mission critical technology services and solutions which support the U.S. Intelligence Community (IC) and Department of Defense (DoD).
In Internet Of Things (IOT) this week…
Cadence Design Systems, Inc. announced the delivery of the Cadence Joules RTL Design Studio, a new solution that provides users with actionable intelligence to accelerate the register transfer level (RTL) design and implementation process. Front-end designers can access digital design analysis and debugging capabilities from a single, unified cockpit, enabling fully optimized RTL design prior to implementation handoff. With this solution, users will also be able to leverage generative AI for RTL design exploration and big data analytics with Cadence’s leading AI portfolio.
In Logistics and Supply Chain this week…
Sendle Launches New Digital Partner Program with Big Discounts and No Restrictive Contracts
Sendle, the most affordable delivery service built for small business, launched its new Digital Partner Program (DPP) to help shipping platforms and ecommerce companies diversify carriers, increase net revenue, and save time. Featuring an easy integration, Sendle’s DPP provides partners with simple and reliable access to Sendle’s expansive national network and offers big discounts for every Sendle label printed based on scale. With no restrictive contracts, shipping platforms and ecommerce companies can now join Sendle’s DPP to offer their small business customers a more affordable option for reliable, national package delivery services that are 100% carbon-neutral.
In Materials this week…
Lygos, Inc., announced the launch of Soltellus™, a line of multi-functional, water-soluble polymers for home care, agronomy, and water treatment. Soltellus provides proven performance in target applications and is a nontoxic and biodegradable alternative to persistent polyacrylate and polycarboxylate polymers.
In Medical Devices this week…
KPM Analytics is pleased to announce the rollout of KPMLink, an intuitive cloud-based software designed specifically for the remote management of its SpectraStar XT series Near-Infrared (NIR) analyzers. The software allows for streamlined configuration of product settings, efficient management of calibrations, and synchronization of these factors across instruments globally.
In Retail this week…
Milliken & Company welcomes new president of floor coverings
Milliken & Company is a diversified global manufacturer with a product portfolio spanning textiles, specialty chemicals, floor coverings and healthcare innovations . The company announced the appointment of Patrick Keese as executive vice president and president of Milliken’s floor covering business. Effective July 25, Keese will lead Milliken’s international floor covering business, which spans four continents and has 290 product lines.
In Semiconductor this week…
Fairview Microwave Releases New Line of AC-Powered Low-Noise Amplifiers
Fairview Microwave, an Infinite Electronics brand and a leading provider of on-demand RF, microwave and millimeter-wave components, has launched a new series of AC-powered low-noise amplifiers designed for enhanced broadband performance.
In Smart Lighting this week…
Metalenz, the world leader in metasurface optics, and leading Chinese 3D sensing system supplier Dilusense, announced that they have partnered to bring the unrivaled performance and small form factor of Metalenz meta-optics to the next generation of Smartlocks and Payment Kiosks to enable ultra-secure facial recognition.
Article of the Week
What is a Digital Vault and How Can it Help Businesses?
Data breaches are becoming increasingly frequent. Hackers are becoming more adept at figuring out how to obtain private data, including credit card numbers, social security numbers, and even health information. The good news is that employing a digital vault can help you and your company stay safe from these dangers.