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…
NASA Selects Geology Team for the First Crewed Artemis Lunar Landing
NASA has selected the geology team that will develop the surface science plan for the first crewed lunar landing mission in more than 50 years. NASA’s Artemis III mission will land astronauts, including the first woman to land on the Moon, near the lunar South Pole to advance scientific discovery and pave the way for long-term lunar exploration.
In Agritech news this week…
Bushel® Secures $26 Million to Accelerate Digitization in Agriculture
Bushel, the leading digital platform connecting farmers and agribusinesses, successfully closed an oversubscribed $26 million funding round led by The Banc Funds Company with further support from new and existing investors. In addition to The Banc Funds Company, other investors in this round included 50 South Capital, The Andersons, Inc., Cargill, Germin8, Lewis & Clark AgriFood, The Scoular Company, and Conti Ventures (an investment group within Continental Grain Company).
In Automotive news this week…
Wind River Linux is Selected by ZEEKR for Future EEA Development
Wind River, a global leader in delivering software for mission-critical intelligent systems, announced that Wind River Linux has been selected by global electric mobility technology brand ZEEKR to power its future electronic and electrical architecture for software-defined vehicles.
In BFSI news this week…
Total Expert Introduces the Next Generation of Customer Intelligence
Total Expert, the customer engagement platform purpose-built for modern financial institutions, announced new capabilities that enable users to drive growth and create customers for life in any market. Total Expert’s next-generation Customer Intelligence solution provides financial institutions with the most relevant insights to understand customer needs, deliver personalized messaging, and drive the next best action throughout their financial journey.
In Biotechnology news this week…
CVS Health®, announced that it has launched Cordavis, a wholly owned subsidiary that will work directly with manufacturers to commercialize and/or co-produce biosimilar products (an FDA approved biologic medication that is highly similar to, and has no clinically meaningful differences from, a biologic medicine already approved by the FDA) for the U.S. pharmaceutical market. The Cordavis products will be FDA approved, high quality, and easy for patients to use and will help ensure consistent long-term supply of affordable biosimilars.
In Chemicals news this week…
Univar Solutions Inc., a leading global provider of solutions for specialty chemical and ingredient users, and Climax Molybdenum Company, the world’s largest producer of molybdenum and molybdenum-based chemicals, announced a geographic expansion of the companies’ existing partnership for molybdenum products, including Molysulfide® used in greases and coatings applications.
In Defence Technology news this week…
CAE supports US Army High Accuracy Detection and Exploitation System
CAE announced that CAE Defense & Security has been awarded a contract from Leidos on the Department of Defense’s Sentinel task order for a dedicated Full Flight Simulator (FFS) in the Bombardier Global 6000/6500 configuration at the Dothan Training Center to support the High Accuracy Detection and Exploitation System (HADES).
In Energy, Power and Sustainability news this week…
Avangrid Announces Camino Solar, Its First Photovoltaic Project in California
Avangrid, a leading sustainable energy company and part of the Iberdrola Group, announced that it will build the Camino Solar project (57 MWdc, 44MWac), its first solar project in California, a state in which the company currently operates more than 500 MW through six wind energy facilities.
In Food & Beverage news this week…
Roland Foods, LLC, a purveyor of fine global ingredients for over 85 years and a portfolio company of Vestar Capital Partners, announced that it has acquired ifiGOURMET, a leading importer and master distributor of high-quality products for professional use in the bakery, pastry, confectionery, and ice cream industries. Terms of the transaction were not disclosed.
In Healthcare this week…
Tampa General Hospital Again Named a Top Employer in Florida by Forbes
Tampa General Hospital (TGH) has again been named one of Florida’s leading workplaces in Forbes’ America’s Best-in-State Employers rankings for 2023 making its third successive appearance among the top 25 companies in Florida on the list. The academic health system ranked in the top five companies in the health care and social industry sector and placed 24th overall.
In Information Technology this week…
TCL Revolutionizes Streaming Entertainment Landscape with Launch of TCLtv+
TCL®, one of the world’s best-selling and leading consumer electronics companies, announced the launch of TCLtv+, a new online streaming service that allows its customers in North America access to a wide variety of complimentary entertainment programming. Dedicated to providing viewers with a free and evolving collection of premium content, the initial launch of TCLtv+ includes more than 200 FAST (Free Ad-Supported Streaming Television) channels and 1500+ on-demand movies and TV series from major and independent studios such as Scripps Media, Fremantle, NBC Universal, FilmRise, Banijay, and more.
In MarTech this week…
Sounder Integrates with IRIS.TV, Expanding Its Data Signal Beyond Podcasts to CTV
Sounder, the leader in AI-powered brand safety and contextual intelligence for audio, announced its planned integration with IRIS.TV, the leading content data platform. This marks the first time Sounder’s technology will be used beyond podcast content, expanding the use case to CTV.
In Internet Of Things (IOT) this week…
In a groundbreaking collaboration, ForwardX Robotics, a global leader in vision-based Autonomous Mobile Robot (AMR) technology, has joined forces with POLA ORBIS, a prestigious Japanese beauty and cosmetics company. Responding to the intricate demands of its bustling warehouse, POLA ORBIS sought a dynamic solution to streamline their operational complexities.
In Logistics and Supply Chain this week…
Arauco and Cyngn Select South Carolina Facility to Spearhead Electrification and Automation Rollout
Cyngn Inc., a developer of AI-powered autonomous driving solutions for industrial applications, and Arauco, a global sustainable forestry products, pulp, and engineered wood supplier to the furniture and construction industries, announced the plan to deploy Cyngn’s first DriveMod Forklifts to Arauco’s Bennettsville, South Carolina facility.
In Materials this week…
Re:Build Manufacturing, a leader in the design and manufacture of custom industrial and automation products, advanced materials and technology solutions, announces the launch of the RBM600 Solar CZ System designed for the manufacture of high purity ingots used in the solar photovoltaic materials industry. This state-of-the-art equipment reflects Re:Build’s desire to drive innovation, encourage American production, and provide American-designed and manufactured products that meet the highest standards for safety and performance.
In Retail this week…
Identiv and collectID pave the way for Sport Team Fan engagement
Identiv, Inc., a global leader in digital security and identification for the Internet of Things (IoT), on Wednesday, September 6, along with the Sports tech company collectID is hosting a webinar. The topic is the future of fan engagement through phygital merchandise. Industry-leading experts from Identiv and collectID discuss the importance of phygital merchandise for the sports world. It is a synergistic combination of collectID’s blockchain technology and Identiv’s near-field communication (NFC) tags.
In Semiconductor & Electronics this week…
Sourceability® Expands Global Presence and Appoints New Chief Financial Officer
Sourceability, a global distributor of electronic components and supply chain service provider, announced its latest global expansion plans, signaling steady growth under a newly appointed Chief Financial Officer. Amid volatile fluctuations in supply and demand for electronic components worldwide, the company will open its fourth global distribution warehouse in Budapest, Hungary this summer to shorten supply chains and support manufacturing customers in the European Union (EU) region.
In Smart Lighting this week…
Leviton Heads Outdoors with NEW Decora Smart Wi-Fi
Leviton announced the launch of the Decora Smart Wi-Fi Outdoor Plug-In Switch (part number D215O), the first Matter Outdoor Smart Plug. The new plug-in switch is the latest addition to the My Leviton platform and award-winning Decora Smart Wi-Fi lighting and load control line, bringing smart home control to your patio, yard, garage, porch, and more. The device is ideal for remote ON/OFF switching of string lights, holiday decorations and inflatables, landscape and path lighting, fountain and aquarium pumps, outdoor fans, and other outdoor electronics and small appliances.
Article of the Week
Ultimate Mobile Encryption Guide for 2023: Protect Your Data Now
More companies are employing mobile devices to process, store, and send card data, which makes sense given the growth of mobile devices. But as technology advances, security concerns of all kinds also evolve. Device theft or loss is a frequent problem.