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…
Intuitive Machines and SpaceX Complete Successful IM-1 Test Campaign
Intuitive Machines, Inc., a leading space exploration, infrastructure, and services company, and SpaceX have analyzed the data from the lunar lander fueling tests for the IM-1 mission and determined the testing campaign is complete. Liftoff of the IM-1 mission is targeted for a multi-day launch window that opens at 12:57 a.m. Eastern Standard Time on February 14, 2024, from Launch Complex 39A at NASA’s Kennedy Space Center in Florida.
In Agritech news this week…
Agtonomy Expands On-Farm Pilot Program to Drive Adoption of Agricultural Autonomy
Agtonomy, a leading software and services company specializing in advanced autonomous and AI solutions for agriculture, announced the 2024 expansion of their paid pilot program, putting growers in the driver’s seat of next-generation, on-farm robotic automation.
In Automotive news this week…
Plus unveiled the Open Platform for Autonomy (OPA), an innovative open and modular software platform powered by the latest AI models. OPA supports all levels of autonomy, adapts to specific customer needs and is optimized for cost-to-performance ratio. OPA is a unique approach in the autonomous vehicle industry for enabling autonomous driving capabilities on customizable configurations across different sensors, processors, vehicle platforms and powertrains.
In BFSI news this week…
Triumph Financial Appoints Michelle Holmes to Chief Marketing Officer
Triumph Financial, Inc., a financial holding company focused on payments, factoring and banking, announced the appointment of Michelle Holmes as executive vice president, chief marketing officer. In her position, Michelle will oversee corporate marketing and communication to elevate and drive growth for Triumph Financial and across its three brands: TriumphPay, Triumph, and TBK Bank. She will report directly to Ed Schreyer, chief operating officer of Triumph Financial.
In Biotechnology news this week…
Lineage Cell Therapeutics, Inc., a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, announced the clearance, by the U.S. Food and Drug Administration (FDA), of its Investigational New Drug amendment (INDa) for OPC1, an investigational allogeneic oligodendrocyte progenitor cell transplant for the treatment of spinal cord injury (SCI).
In Chemicals this week…
Celanese Corporation, a global specialty materials and chemical company, announced it has been approved by the U.S. Department of Energy (DOE)’s Office of Fossil Energy and Carbon Management as a Utilization Procurement Grants (UPGrants) vendor. Celanese is now the only producer offering low-carbon acetic acid under the ECO-CC product name, which positions the company to help municipalities meet the growing demand for more sustainable and circular solutions.
In Defence Technology news this week…
BAE Systems will provide advanced electromagnetic warfare (EW) mission systems for aircraft 7-10 in the U.S. Air Force’s growing fleet of EA-37B aircraft. The next-generation Baseline 4 mission systems will deliver powerful, long-range electromagnetic attack capabilities to disrupt and suppress the enemy’s use of the electromagnetic spectrum for communications, navigation, and air defense.
In Energy, Power and Sustainability news this week…
24M announced the latest addition to its disruptive battery technology portfolio Eternalyte, a transformative new electrolyte developed specifically for lithium-metal batteries. The proprietary, liquid electrolyte formula will enable significant improvements in the cycle life and rate capability of lithium-metal batteries for electric vehicle, energy storage and consumer applications.
In Food & Beverage this week…
Mercatus Unveils The Future of Personalized Grocery Marketing with The All-New AisleOne
Mercatus, a leading provider of grocery eCommerce solutions, announced the launch of the all-new AisleOne. This intelligent targeting and enhanced personalization solution leverages the customer engagement technology from parent company Relationshop to provide regional grocers and independents with a competitive advantage over national chains, mass merchants, and discounters.
In Healthcare this week…
CymaBay Therapeutics, Inc., a biopharmaceutical company focused on innovative therapies for patients with liver and other chronic diseases, announced that the U.S. Food and Drug Administration (FDA) accepted its New Drug Application (NDA) for seladelpar, an investigational treatment for the management of primary biliary cholangitis (PBC) including pruritus in adults without cirrhosis or with compensated cirrhosis (Child Pugh A) who are inadequate responders or intolerant to ursodeoxycholic acid.
In Information Technology this week…
Alloy.ai Partners with WM Barr to Transform Its Sales Capabilities and Retail Relationships
Alloy.ai, the omnichannel revenue intelligence platform for consumer goods brands, announced that WM Barr, maker of leading products for the home improvement and automotive repair industries, has selected Alloy.ai to enhance its ability to identify new sales opportunities, respond more quickly to changes in demand and strengthen key retail partnerships.
In Internet Of Things this week…
Digi International Inc., a leading global provider of Internet of Things (IoT) connectivity products and services, announces the market launch of Digi IX40, a 5G edge computing industrial IoT cellular router solution. Digi IX40 is purpose-built for Industry 4.0 use cases such as advanced robotics, predictive maintenance, asset monitoring, industrial automation and smart manufacturing. Fully integrated with Digi Remote Manager, this solution’s capabilities improve security and scalability while ensuring speed, reliability and efficiency.
In Logistics and Supply Chain this week…
CoEnterprise, an enterprise software and services company that solves data challenges in real-time, announced that Syncrofy is now equipped with the highly anticipated single sign-on (SSO) feature. The latest addition will bolster security, simplify password management, and streamline access control.
In Materials this week…
Mitra Future Technologies, Inc., a leading innovator in IRA-compliant production of lithium-ion battery materials, announced they have successfully synthesized multi-ton Lithium Iron Phosphate (LFP) samples that meet industry-leading electric vehicle (EV) specifications. LFP, known for its safety, long cycle life, and environmental friendliness, is poised to disrupt the battery landscape by increasingly becoming the cathode chemistry of choice in the fastest-growing electric vehicle (EV) and energy storage segments (ESS).
In Medical Devices this week…
Exactech Partners with Statera Medical to Co-Develop World’s First Smart Reverse Shoulder Implant
Exactech, a developer and producer of innovative implants, instrumentation, and smart technologies for joint replacement surgery, announced a new exclusive partnership with medical device developer Statera Medical to design the world’s first smart reverse shoulder implant. Exactech and Statera conducted their project kick-off meeting in January 2024, and will work together over the next few years to co-develop this new implant.
In MarTech this week…
Marchex Spotlight for Automotive Named “Product of the Year” by Business Intelligence Group
Marchex, the award-winning AI-powered conversation intelligence company that helps businesses turn strategic insights into the actions that drive their most valued sales outcomes, announced that Marchex Spotlight for Automotive has been named “Product of the Year” as part of the Business Intelligence Group’s 2023 BIG Awards for Business.
In Retail this week…
Panasonic Consumer Electronics Company announced its partnership with luxury fashion label MONSE to create a limited-edition travel bag for the Panasonic nanoe Travel Hair Dryer (EH-NA2C-W). Around the World in 80 Fabrics, a non-profit organization dedicated to education around nature-friendly fabrics being produced around the globe, also will collaborate on the project.
In Semiconductor & Electronics this week…
Avnet and indie Semiconductor Enter Global Distribution Agreement
indie Semiconductor, Inc., an Autotech solutions innovator, and Avnet, a global technology distributor, have executed a distribution agreement to accelerate global availability of indie’s innovative semiconductor product portfolio, leveraging Avnet’s extensive market reach, support, and fulfillment capabilities.
In Smart Lighting this week…
Jasco and Jubilee by Johnson Development Corp. Announce One-of-a-Kind Partnership
Lighting and connected home leader, Jasco, announces a unique partnership at Jubilee, a new Johnson Development Corp. community. The collaboration uses JascoPro Series™ lighting solutions to establish the first single-family residence community in the nation with circadian lighting standard in all homes. Johnson Development’s Jubilee community is also the first exclusive partnership for Jasco in Texas.
Article of the Week
Nanomaterials: A Beginner’s Guide to Understanding the World of Nanotechnology
In a world grappling with the limitations of traditional materials, the emergence of nanomaterials has sparked a new wave of hope and innovation. The need for materials with enhanced properties, exceptional strength, and unparalleled versatility across various industries has been a persistent challenge. This blog aims to explore the transformative potential of nanomaterials, shedding light on their myriad applications, benefits, and recent advancements in the medical field.