German satellite manufacturer Reflex Aerospace has raised 50 million euros in what it calls Europe’s largest NewSpace Series A round. The funding will accelerate development of optical, radar, and signals intelligence satellites for European military needs. The company aims to demonstrate these capa
Al Gharbia Pipe Company has been certified as an Industry 4.0 Digital Leader by the UAE’s Ministry of Industry and Advanced Technology. The recognition comes after rigorous assessment of the company’s digital transformation initiatives and manufacturing technology adoption.
Chinese electric vehicles have flooded Brazil’s streets, with brands like BYD and Great Wall Motor dominating the market. The rapid expansion comes as Chinese automakers face pressure at home and seek new frontiers abroad.
The European Union is injecting €2.9 billion into 61 net-zero technology projects through its Innovation Fund. This massive funding round aims to fast-track Europe’s transition to climate neutrality and reinforce its competitive edge in clean technology. The selected projects span 19 sectors across
Foxconn Technology Group Chairman Young Liu is pushing for closer electric vehicle collaboration between Taiwan and Japan. Speaking at the Nikkei Forum in Tokyo, he revealed Foxconn’s manufacturing diversification strategy has reduced China’s share of its output from nearly 100% to about 65% today.
US automakers are finding unexpected advantages in the Trump administration’s trade policies. New rebate schemes and relaxed EV mandates are helping Ford, GM, and Stellantis navigate tariff challenges while boosting their gas-powered truck businesses.
IBM has begun notifying thousands of employees they’ll be laid off, with some divisions facing 50% cuts. The company’s infrastructure group saw revenue growth but appears to be restructuring for profitability. Current job openings heavily favor India over the US.
MACOM has locked down an exclusive license to manufacture products using HRL Laboratories’ proprietary 40nm T3L gallium nitride-on-silicon carbide process. The technology was developed through multiple defense programs including DARPA’s DREaM initiative. This deal represents a major shift of advance
Apple is making a major strategic shift with its first true budget MacBook. The device aims to capture Windows 10 refugees and compete directly with Chromebooks in the education market.
U.S. Steel has detailed its $11 billion investment strategy through 2028 under new owner Nippon Steel. The plan includes modernizing century-old facilities and aims to create over 100,000 jobs nationwide while focusing on lower-emission steel production.
