Daily Archives: 4, June 2024

Bechtle Unveils Unified Identity with Merger of Belgian Entities

(IN BRIEF) Bechtle Group has consolidated its Belgian entities, including Bechtle Group BE Public and Bechtle direct NV, into a unified company, Bechtle NV, effective June 1, 2024, signaling a strategic move to enhance its position as a leading IT … Read the full press release

AIXTRON Invests in Italian Manufacturing Site, Eyes Market Growth in Europe

(IN BRIEF) AIXTRON, a semiconductor manufacturing solutions provider, has expanded its European presence by acquiring a production site near Turin, Italy, situated in the Piedmont region. This strategic move aims to bolster AIXTRON’s manufacturing capabilities and prepare for anticipated market … Read the full press release

Utilitas Wind and Latvenergo AS Partner with Vestas for Major Baltic Wind Project

(IN BRIEF) Vestas secures a 124 MW wind energy project order in Telsiai, Lithuania, from Utilitas Wind and Latvenergo AS, marking a significant advancement in the Baltic region’s renewable energy capacity. The order includes 20 V162-6.2 MW wind turbines, with … Read the full press release

Japanese Consortium Invests USD$100m in Airbus Subsidiary AALTO to Propel HAPS Commercialization

(IN BRIEF) In a strategic move set to redefine connectivity and earth observation services in Japan and across Asia, a consortium of leading Japanese businesses and banks, spearheaded by NTT DOCOMO, Inc. and Space Compass Corporation, commits a substantial USD$100 … Read the full press release

Airbus Unveils Wingman Concept, Redefining Manned-Unmanned Teaming in Military Aviation

(IN BRIEF) Airbus introduces its pioneering Wingman concept at the International Aerospace Exhibition ILA in Berlin, showcasing a revolutionary unmanned fighter-type drone designed to operate alongside manned combat aircraft like the Eurofighter. The Wingman, guided by pilots from manned aircraft, … Read the full press release

Fortum Embarks on a New Chapter: Integrating Hydropower Maintenance Team for Enhanced Efficiency and Community Focus

(IN BRIEF) Fortum marks a significant milestone today as it integrates 250 employees into its hydropower operations and maintenance team across Sweden and Finland. A decade ago, Fortum outsourced these functions but revisited the decision in 2023, opting to bring … Read the full press release

Utility Revolution: EDF Transitions Five Million Meter Points with Accenture-Kraken Alliance

(IN BRIEF) Accenture and Kraken Technologies have joined forces to assist EDF’s UK retail business in transitioning over five million meter points onto Kraken’s platform, enhancing energy management capabilities. This collaboration, leveraging advanced analytics and AI, aims to streamline operations … Read the full press release

PT Len Industri and Thales Collaborate to Propel Indonesia’s Defense Industry Forward

(IN BRIEF) PT Len Industri (Persero) and Thales sealed a momentous agreement on May 30, 2024, launching a Joint Venture (JV) aimed at elevating Indonesia’s defense capabilities. Witnessed by key officials including Mr. Kartika Wirjoatmodjo and Pascale Sourisse, the JV … Read the full press release