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 Announces Artemis Concept Awards for Nuclear Power on Moon
NASA and the U.S. Department of Energy (DOE) are working together to advance space nuclear technologies. The agencies have selected three design concept proposals for a fission surface power system design that could be ready to launch by the end of the decade for a demonstration on the Moon. This technology would benefit future exploration under the Artemis umbrella.
Orolia Introduces New mRO-50 Ruggedized, a Robust Low SWaP-C Mini-Rubidium Oscillator
Orolia, the world leader in resilient positioning, navigation and timing (PNT) solutions and space-based atomic clocks, has introduced an upgraded edition of its low SWaP-C miniaturized rubidium oscillator product line, the mRO-50 Ruggedized, to meet the latest military and aerospace requirements where time stability and power consumption are critical.
In Agritech News this week…
FMC Corporation Unveils New Plant Health Business Brand Identity, ‘Biologicals by FMC
FMC Corporation, a leading global agricultural sciences company, has launched a new brand identity for its Plant Health business to reflect the company’s continuing growth and expansion of its biologicals platform.
Blue Diamond Growers Applauds President Biden’s Nominees to USDA and USTR
Blue Diamond Growers, the world’s leading almond marketer and processor, applauds President Biden’s nominations of the Undersecretary for Trade and Foreign Agricultural Affairs at the United States Department of Agriculture and of Chief Agriculture Negotiator at the Office of the United States Trade Representative.
In Automotive News this week…
Pony.ai Autonomous Driving Controller Built on NVIDIA DRIVE Orin, Set for Mass Production
Pony.ai, a leading global autonomous driving technology company, announced that its Autonomous Driving Controller (ADC), powered by the NVIDIA DRIVE Hyperion compute architecture (DRIVE Orin), has been sampled to customers with plans to mass produce the ADC starting in Q4 2022.
Amadis Unveils OLA Payment Processing Standard
Amadis, a global payment software editor, announced OLA (Open Level 2 API), a standard that enables standardized interface between EMV Level 2 stack and EMV Level 3 payment applications, independent of device, Operating System or geography.
In news from the Banking, Finance, Securities and Insurance sector this week…
Trive-backed Vitesse Systems acquires Custom Microwave, Inc.
Trive Capital announced that it has acquired Custom Microwave, Inc. (CMi), which will join the Vitesse Systems platform. Vitesse Systems was launched in 2018 following the acquisition of California Brazing. The platform is focused on mission critical assemblies that enable the advancement of communication, radar and electronic warfare systems.
Cosmian, the French deeptech specialized in cryptography and advanced encryption technologies, announced a €4.2 million fundraising. This new round is made with 115K, the new innovation fund of La Banque Postale dedicated to FinTech, AssurTech and Cybersecurity start-ups, as well as Elaia Partners, one of the main European investment funds specialized in deeptech.
In Energy and Power Sector News this week…
Schneider Electric Receives UL Verified Healthy Building Mark for Indoor Air at Dallas Site
Schneider Electric, the global leader in the digital transformation of energy management and automation, is proud to announce that its Dallas site has achieved the UL Verified Healthy Building Mark for Indoor Air, demonstrating that the company’s indoor spaces have been evaluated by a third-party service provider to help ensure a healthy environment for the site’s occupants.
Green Transportation Summit & Expo Announces Battle Motors as the Presenting Sponsor
The Green Transportation Summit & Expo is excited to announce that Battle Motors, an innovator in clean energy and electric vehicle (EV) space, will sponsor its 11th annual show.
In IT news this week…
MotorK Enters Into Exclusive Negotiations for the Acquisition of Webmobil24
MotorK Plc, a leading European SaaS provider for the automotive retail industry, announces it has entered into exclusive negotiations to acquire WebMobil24 (“the Company”), a German software provider of stock management solutions and e-commerce platforms to automotive dealers and OEMs.
Embedded World, Hall 4 Stand 325 — Green Hills Software, the worldwide leader in embedded safety and security, announced important updates to its µ-velOSity™ real-time operating system (RTOS) for the growing use of new microcontrollers in vehicle electronics.