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…
United Becomes First U.S. Airline to Add Braille to Aircraft Cabin Interiors
United became the first U.S. airline to add Braille to aircraft interiors, helping millions of travelers with visual disabilities more easily navigate the cabin independently. According to the Department of Transportation, about 27 million people with disabilities traveled by air in 2019.
In Agritech news this week…
Intelinair announced a multi-year collaboration agreement with Solvi to further expand its AGMRI platform by providing corn and soybean growers proven and reliable stand counts for the early crop growth stages.
In Automotive news this week…
onsemi, a leader in intelligent power and sensing technologies, and Magna, a mobility technology company and one of the world’s largest automotive suppliers, announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems.
In Biotechnology news this week…
Octave Bioscience Closes $30M Extension to Series B Funding
Octave Bioscience, announced the closing of a $30M extension to its Series B funding round. The round included participation from new strategic investors: Novartis (dRx Capital); Hikma Pharmaceuticals’ venture capital arm, Hikma Ventures; and Intermountain Ventures, as well as participation by all existing investors including The Blue Venture Fund, Echo Health Ventures, Section 32, Northpond Ventures, Deerfield Management, Casdin Capital, and Merck Global Health Innovation Fund.
In Defence Technology news this week…
BAE Systems teams with Parsons Corporation for modernization at Holston Army Ammunition Plant
BAE Systems Ordnance Systems Inc. is teaming with national security and global infrastructure company Parsons Corporation, a leading national security and global infrastructure company, to execute modernization at the Holston Army Ammunition Plant, as BAE Systems pursues the opportunity to be the operating contractor through 2035.
In Energy, Power and Sustainability news this week…
Occidental Selects AWS as Its Preferred Cloud Provider
Amazon Web Services, announced that Occidental, an international energy company and carbon management leader, has selected AWS as its preferred cloud provider to drive its digital transformation. As part of this new multiyear agreement, Occidental will migrate its core production applications and on-premises information technology (IT) infrastructure to AWS to improve operational efficiencies, eliminate upfront capital expenditures, and support the company’s development of systems that will remove carbon dioxide (CO2) from the atmosphere, including large-scale direct air capture (DAC) plants.
In Food & Beverage news this week…
US based Henry Broch Foods (HBF) and UK based JDM Food Group (JDM) announced a merger creating a new parent company, Jardins and Broch.
In Healthcare this week…
eClinicalWorks, the largest ambulatory cloud EHR, announced that UniVida Medical Centers recently transitioned to the intelligent eClinicalWorks Cloud EHR to excel at value-based care and streamline operations.
In Information Technology this week…
Logicalis Launches Managed Digital Fabric Platform
Logicalis US, a leading IT solution and managed services provider, announced the launch of the Managed Digital Fabric Platform, created to give CIOs a real-time view of how their digital ecosystem is performing across key metrics, including service availability, user experience and environmental impact.
In MarTech this week…
Premise’s Market Performance System Connects Market Share To Store-Level Execution
Premise, the global on-demand market insights company, is introducing its most advanced market measurement platform yet.Powered by Premise’s innovative smartphone survey technology and its extensive global Contributor community, Market Performance System (MPS) revolutionizes share of market analysis.
In Internet Of Things (IOT) this week…
Spire Global Launches Space-Powered Weather Visualization Platform
Spire Global, Inc., a global provider of space-based data, analytics and space services, announced the launch of DeepVision, a cutting-edge weather monitoring and alerting solution designed to revolutionize global weather awareness for the energy, supply chain and logistics industries.
In Logistics and Supply Chain this week…
Intelligent power management company Eaton announced a game-changing new approach simplifying electric vehicle (EV) fleet charging by eliminating costly cable runs and major modifications to existing parking and conveyor structures. The overhead EV Charging Busway enables fleets to expand and reconfigure infrastructure with no concrete work required – which is often the biggest cost when deploying EV charging for fleets.
In Materials this week…
Essentium and 3D-Fuel Join Forces to Simplify 3D Printing Filament Sourcing
Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), announced a strategic partnership with 3D-Fuel, a leading functional 3D printing filament manufacturer. The partnership aims to meet the growing demand for innovative materials and simplify the procurement process for customers in the 3D printing industry by enabling them to access a comprehensive range of filaments through a single provider.
In Medical Devices this week…
Mouser Electronics Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, premieres its latest installment of the Empowering Innovation Together (EIT) series unveiling the transformative potential of digital therapeutics. Mouser examines the bridge between technology and medical devices to find how these parts and components can work together to provide a more personalized and accessible means of healthcare.
In Retail this week…
Foodland Launches Retail Media Network in Partnership with CitrusAd
Foodland, Hawaii’s largest and oldest grocery chain, is launching its first-ever retail media network utilizing technology from CitrusAd, a global leader in retail media. The retail media network will combine Foodland’s privacy-protected first-party data and CitrusAd’s relevancy algorithm to match brand compatibility and shopper history with the most suitable audiences.
In Semiconductor & Electronics this week…
Infineon Technologies AG, a global leader in power semiconductors, and SolarEdge Technologies, Inc., a global leader in smart energy technology, announced the signing of a multi-year Capacity Reservation Agreement (CRA).
Article of the Week
The light bulb was the superstar of the 19th century, making lives brighter and our homes happier! Fast-forward to the 21st century, and voila! We have evolved into a world of dazzling designs and mind-boggling technologies that not even traditional bulbs could have imagined! Just when you thought it couldn’t get any better, here comes the cool kid on the block—the smart lights! But what’s the deal with this fancy term? Let’s shed some “smart” light on it, shall we?