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…
A pair of robotic arms, a project to construct artificial retinas in space, and a new method of producing improved optical fibers are among more than 20 payloads sponsored by the International Space Station (ISS) National Laboratory launching on Northrop Grumman’s 20th Commercial Resupply Services mission (NG-20).
In Agritech news this week…
Mouser Electronics, Inc., the New Product Introduction leader empowering innovation, and Analog Devices, Inc., a global semiconductor leader, are working together to donate to Engineers Without Borders USA. A portion of all the proceeds will go to help fund research and development projects to benefit America’s small farmers.
In Automotive news this week…
Arrow Electronics Expands Centre of Excellence in Egypt for Next-gen Automotive Capabilities
Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with connected, autonomous and electrification technologies in the automotive industry. The complexities associated with adopting such emerging technologies, including lack of in-house engineering talent with new age skills, stringent cybersecurity compliances and intricate high-voltage designs, pose challenges for innovators.
In BFSI news this week…
Corporate Technologies Acquires NuMSP Expanding Its National Reach
Corporate Technologies, a leading national managed service provider (MSP) offering IT and cybersecurity solutions, has acquired NuMSP, another national MSP that offers IT solutions for small and mid-sized businesses (SMB). The acquisition expands Corporate Technologies’ national presence to 16 markets in eleven states.
In Biotechnology news this week…
Synthekine Inc., an engineered cytokine therapeutics company, announced a worldwide collaboration with Sanofi to develop and commercialize IL-10 receptor agonists for the treatment of inflammatory diseases. The collaboration will focus on advancing Synthekine’s multiple approaches to optimizing IL-10, with the goal of developing selective agonists that expand therapeutic index.
In Chemicals this week…
Syngenta and Enko Accelerate the Discovery of Innovative Crop Protection Solutions
Syngenta Crop Protection, a global leader in agricultural innovation, and crop health company Enko announced the discovery of novel chemistry to control fungal disease in crops, using a platform that reduces the time required for R&D discovery.
In Defence Technology news this week…
RTX EPACS F-35 power and thermal management system demonstrates 80 kW cooling capacity
RTX, announced its Collins Aerospace business has demonstrated 80 kilowatts of cooling capacity across a range of operating conditions for its Enhanced Power and Cooling System (EPACS). Targeted as a replacement to the current F-35 power and thermal management system (PTMS), EPACS is positioned to support F-35 modernization and future upgrades that will help warfighters meet their urgent mission requirements.
In Energy, Power and Sustainability news this week…
CalPortland Decarbonization Research Project Selected for U.S. Department of Energy Award
CalPortland is pleased to announce that it has been selected to receive $4 million in funding for a decarbonization project that will mineralize CO2 from cement manufactured in recycled concrete and paste to manufacture low-carbon cementitious materials.The U.S. Department of Energy Industrial Efficiency and Decarbonization Office recently announced $171 million for 49 projects that will reduce industrial greenhouse gas (GHG) emissions and move the nation closer to a net-zero economy.
In Food & Beverage this week…
Nature’s Fynd, a food company making delicious meat and dairy alternatives with Fy™, a nutritional fungi protein, has created the world’s first dairy-free, fungi-based yogurt. Dairy-Free Fy Yogurt is a category first and the company is launching their new-to-the-world product at Whole Foods Market stores nationwide.
In Healthcare this week…
PatientPoint Becomes First Point-of-Care Publisher to Earn Media Rating Council Accreditation
PatientPoint, announced that it has received Media Rating Council accreditation for its Digital Campaign Report (DCR) that provides sponsors with accredited monthly proof-of-performance and key campaign metrics for their campaign investments in the nation’s largest digital point-of-care network. PatientPoint is the first Point-of-Care publisher to receive accreditation for its reported metrics by the media industry’s foremost independent measurement authority.
In Information Technology this week…
Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling, and digital technology, is pleased to announce the appointment of Sujan Turlapaty as its new Chief Digital and Information Officer (CDIO). Leveraging over 20 years of progressive cross-functional experience as a seasoned technology executive, Sujan brings invaluable expertise to craft and execute digital strategies aimed at fostering growth and driving innovation.
In Internet Of Things (IOT) this week…
Keysight Introduces High-Bandwidth Oscilloscope Probes
Keysight Technologies, Inc. introduces the InfiniiMax 4 Series high-bandwidth oscilloscope probes, expanding its portfolio of high-frequency probes to cover bandwidths up to 52 GHz. As the industry’s only solution with a high-impedance probe head operating at more than 50 GHz, the InfiniiMax 4 series provides digital designers with a turn-key probing solution for high-speed digital, semiconductor, and wafer applications.
In MarTech this week…
Ben Beckley Joins RevHealth As CEO
RevHealth, a full-service independent pharmaceutical marketing and communications agency, announced that Ben Beckley has joined the agency as chief executive officer. The addition of the former global president of Evoke Mind + Matter signals a strong trajectory for the agency. In his most recent role, Beckley shepherded the combined rare disease and communications agency (formerly Ashfield Health) through a successful global merger and expanded its capabilities in omnichannel, patient experience and data by launching the proprietary technology, Gravity.ai. He has also held growth-focused leadership roles at Havas Health & You and PRECISIONeffect.
In Logistics and Supply Chain this week…
Cyngn Granted 19th U.S. Patent for its AI-Powered Autonomous Vehicle Technologies
Cyngn Inc., a developer of AI-powered autonomous driving solutions for industrial applications, announced the issuance of a new patent, US-11,851,074-B2, for the Company’s autonomous vehicle (AV) and driving solutions. This new patent of System and Methods of Large-Scale Autonomous Driving Validation provides expanded safety features in identifying problems arising from AV driving operations and generating a notification message regarding the problem.
In Materials this week…
LyondellBasell & MSI Technology, LLC Collaborate on Innovative Consumer Packaging
LyondellBasell and MSI Technology, LLC announced they have entered into an agreement for MSI Technology to serve the LyondellBasell Polybutene-1 (PB-1) resin line into consumer packaging applications for North America. MSI Technology is also the sales representative for the LyondellBasell Plexar product line.
In Medical Devices this week…
Paragon 28, Inc., is pleased to announce the launch of the Mister Tendon System which allows surgeons to perform a distal cut of the flexor hallucis longus or flexor digitorum longus (“FDL”) tendon through a minimally invasive incision, harvesting a working length of tendon suitable for tendon transfer procedures. Use of this instrumentation through a minimally invasive approach, is designed to allow for better healing and quicker recovery time in flatfoot reconstruction.
In Retail this week…
Entertainment Earth® Announces Appointment of Billy Lagor to CEO
Entertainment Earth, a leading online retailer and wholesaler of pop-culture toys and collectibles, has appointed Billy Lagor as Chief Executive Officer. Mr. Lagor succeeds Aaron Labowitz, who co-founded Entertainment Earth in 1996 alongside his brother Jason, former President of Entertainment Earth. Both Aaron and Jason Labowitz will remain on the Board of Directors along with former Chief Technology Officer Aaron Lipman and investment partners Equity Group Investments (EGI) and IVEST Consumer Partners (IVEST).
In Semiconductor & Electronics this week…
Astera Labs, the global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, announced the sampling of its Aries PCIe® and CXL® Smart Cable Modules™ (SCM) which provide robust and long reach copper cabling connectivity for GPUs, CPUs, and memory in disaggregated cloud and AI infrastructure.
In Smart Lighting this week…
Vivint Smart Lighting Awarded 2024 “Connected Home Product of the Year” by IoT Breakthrough Awards
Vivint Smart Home, a leading smart home brand in the United States, announced that Vivint Smart Lighting has been awarded “Connected Home Product of the Year” in the 8th annual IoT Breakthrough Awards program. The program is conducted by IoT Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global IoT market.
Article of the Week
Everything You Need to Know About Composite Materials in 2024
Composite materials (composition material or composite) are composed of two or more constituent materials having distinctly different physical or chemical properties that come together to form a material with unique qualities not found in any of the constituent materials alone. From Mesopotamian wood bonding to contemporary aerospace applications, composites embody a rich history of craftsmanship and technological evolution.