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…
Lunar Dawn Team Awarded NASA Lunar Terrain Vehicle Contract
NASA has awarded a Lunar Terrain Vehicle Services (LTVS) contract to the Lunar Dawn team, led by Lunar Outpost as the prime contractor along with its principal partner Lockheed Martin and teammates General Motors (GM), The Goodyear Tire & Rubber Company, and MDA Space. The diverse team combines proven robotic and human space exploration heritage, cutting edge technology and automotive industry strengths to create a true off-road vehicle for living and working on the Moon’s surface.
In Agritech news this week…
Seso Closes $26M Series B to Build Critical Software for American FarmersSeso, a workforce management platform for agriculture, announced the close of a $26M Series B led by BOND with participation from Index Ventures, NFX, SV Angel, and other prominent investors. Several Seso customers also participated in the round. The vertical SaaS company will use the funding to expand its platform, including adding an AI-enabled payroll solution, a banking and remittance solution for farm workers, and a comprehensive HR platform purpose-built for agribusiness employers.
In Automotive news this week…
Argus Cyber Security Opens New Automotive Penetration Testing Lab in North America
Argus Cyber Security, a world leader in automotive cyber security, announced the opening of its new penetration testing lab in Detroit, Michigan. This innovative test center enables Argus to meet the growing demand from North American OEMs and Tier 1 suppliers for local cyber security penetration testing services.
In BFSI news this week…
Prophix Unveils Prophix One | One Version of the Truth, One Central Point of Entry, One Platform to Streamline Next-Gen Finance
Prophix, a leading innovator in financial performance management, debuts Prophix One, a Financial Performance Platform. Addressing the most critical and rapidly evolving challenges today’s finance leaders face, Prophix One will provide growth organizations with access to next-generation finance capabilities that streamline processes, enhance decision-making, and drive business growth, all from a single point of entry and authentication. Prophix One represents a significant step forward for the complete office of the chief financial officer (CFO) – from accounting to finance – by leveraging an ultra-adaptable, collaborative toolset to navigate complexity and control financial outcomes accurately and precisely.
In Biotech this week…
Nimble Therapeutics Expands its Drug Discovery Capabilities to Advance Pipeline to the Clinic
Nimble Therapeutics announced the opening of a second R&D site in Philadelphia, PA. The new site, located in B+Labs, a hub for scientific innovation in University City Philadelphia, will focus on progressing Nimble’s growing pipeline of orally-delivered peptide therapeutics into clinical development. The Philadelphia site will synergize with activities at Nimble’s main R&D site in Madison, WI, which is focused on leveraging its proprietary platform to optimize oral peptide therapeutics at unprecedented scale and speed.
In Defence Technology news this week…
True Anomaly Appoints Former Palantir Leader as First Chief Revenue Officer
True Anomaly, Inc., the technology company developing advanced hardware and software systems to ensure the sustainable security of space, announced the appointment of Christina Cook as the company’s first-ever Chief Revenue Officer (CRO). In this role, Cook will lead True Anomaly’s go-to-market strategy, including business development, sales, and partnerships to maximize growth and long-term success.
In Energy, Power and Sustainability news this week…
Benchmark Gensuite Unveils First-to-Market Generative AI Capabilities for EHS & Sustainability Management
Benchmark Gensuite, the leader in EHS (Environmental, Health, and Safety) and Sustainability management solutions, announced “Genny AI,” a groundbreaking series of proprietary Generative AI capabilities now available through its core platform that enable transformative gains in efficiency for frontline workers and EHS practitioners.
By integrating Generative AI (GenAI) across its platform, Benchmark Gensuite is the first technology provider to bring GenAI into the EHS and sustainability data management market.
In Food & Beverage this week…
PAR Punchh® Partners with Attentive on SMS Marketing Capabilities for Restaurant Loyalty Programs
ParTech, Inc., a global restaurant technology company and provider of unified commerce solutions for enterprise restaurants, announced a new partnership between PAR Punchh®, PAR Technology’s industry-leading loyalty and offer solution, and Attentive, the AI marketing platform specializing in SMS marketing for leading brands. This integration will expand PAR Punchh’s capabilities to help restaurants turn anonymous guests into loyalty members, grow their loyalty membership and send engaging visuals and content with personalized offers to spark actions via SMS messaging.
In Healthcare this week…
Reverba Completes Acquisition of Six Degrees Worldwide to Unite Science and the Patient Voice to Advance Healthcare
Reverba, renowned for its innovative patient engagement solutions for biopharmaceutical companies, announced the acquisition of Six Degrees Worldwide Inc., a leader in medical communications within the same industry. The acquisition is poised to help Reverba and its clients continue to bridge the gap between science and real-life patient experiences.
In Information Technology this week…
Corporater unveils Business Process Management for enhanced GRC and Performance Management (GPRC)
Corporater, a global leader in software solutions for Governance, Risk, and Compliance (GRC) along with Performance Management (jointly addressed as GPRC), is proud to announce the launch of a new Business Process Management Engine. This powerful addition, introduced first in the Nordic market, is now available in its second version globally.
In Logistics and Supply Chain this week…
Echo Global Logistics Announces Winners of 2023 LTL Carrier of the Year Award
Echo Global Logistics, Inc., a leading provider of technology-enabled transportation and supply chain management services, has announced the winners of its annual LTL Carrier of the Year Award for 2023. Since 2008, Echo has been recognizing a few carriers based on shipment growth, revenue growth, on time performance, communication, invoice accuracy, claims, customer service, responsiveness, website effectiveness and functionality, IT cooperation/integration and overall quality. Winners are honored in three categories: National, Regional, and Platinum.
In Materials this week…
Lightwave Logic Secures New Patent for Diamondoid Non-linear Optical Chromophore Patent to Improves Material Robustness
Lightwave Logic, Inc., a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power in a small form factor, announced the issuance of patent 11,921,401 by the United States Patent and Trademark Office (USPTO) – entitled ‘Nonlinear Optical Chromophores Having a Diamondoid Group Attached Thereto, Methods of Preparing the Same, and Uses Thereof’ issued on March 5, 2024, which has been shown to significantly improve the overall stability and performance of the company’s EO chromophores.
In Retail this week…
Uniqlo’s partnership with Wunderkind drives revenue to new heights
Brands are constantly seeking innovative strategies to enhance their online presence and drive revenue growth. UNIQLO, a renowned Japanese casual wear designer and retailer, found itself at a crossroads, grappling with the challenges of effectively identifying site traffic and engaging customers through personalized marketing efforts.
In Semiconductor & Electronics this week…
Macronix OctaFlash Provides High-Performance Memory for New STMicroelectronics STM32H7R/S MCU Platform
Macronix International Co., Ltd., a leading integrated device manufacturer in the non-volatile memory (NVM) market and an ST Authorized Partner, announced that STMicroelectronics (ST) is using Macronix OctaFlash™ memory for the new STM32H7R/S high-performance microcontroller (MCU) platforms. Macronix’s MX25UW1G45G high-performance memory is embedded into selected STM32H7R/S Discovery Kits and Evaluation Boards, enabling the high-end products to feature a graphical-user experience that simulates 3D-like GUIs and animations, for industrial, smart home, and medical applications.
Article of the Week
How Technology in Logistics is Driving Transformative Change?
Logistics
In demanding industries where extreme heat, high pressure, intense wear, and corrosion are daily challenges, safeguarding materials is essential. That’s where refractories play a vital role. These exceptional materials act as a protective barrier, ensuring equipment and structures maintain strength and reliability even in the toughest conditions. Let’s delve deeper into their unique properties.