(IN BRIEF) Safran Electronics & Defense is expanding its U.S. manufacturing capabilities for small satellite propulsion systems to meet growing market demand. The new Colorado facility will produce the EPS®X00 system, with first deliveries in Q1 2026, supporting both American … Read the full press release
(IN BRIEF) VINCI Highways, through Lima Expresa, has launched Peru’s first self-service automated toll booths for digital payments. Following a successful pilot program, 14 additional booths will be deployed, reducing payment times and improving traffic flow at Lima’s toll plazas. … Read the full press release
(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Technology, Transportation & Logistics
Tagged Energy Construction Vessel, Fincantieri, Norway, partnership, Pierroberto Folgiero, sustainability, Vard, Vietnam, Wind Energy Construction AS
(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged Energy Storage Facility, Germany, Guido Grandi, Norma Group, partnership, UK, V-band clamps
(IN BRIEF) Continental is evaluating a spin-off of its Automotive group sector to create two independent companies, aiming to unlock greater value and growth potential. A decision is expected in late 2024, with the spin-off planned for completion by the … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management, News
Tagged appointment, Automotive Group, Continental, leadership, Nikolai Setzer, Prof. Dr.-Ing. Wolfgang Reitzle
(IN BRIEF) The Perspectief financing instrument invites researchers, companies, and civil-society organizations to submit proposals for collaborative research projects focused on technological innovations. Key changes include reduced co-financing requirements and updated key technologies. Deadlines are in October 2024, November 2024, … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged innovations, NWO, Perspectief, technological
(IN BRIEF) A groundbreaking study led by an international team, including SAMS, has mapped plant life across Antarctica, revealing nearly 45 square kilometers of vegetation. This discovery, published in Nature Geoscience, will inform conservation efforts and challenge perceptions of Antarctica … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Antarctica, Charlotte Walshaw, climate change, conservation, Dr. Andrew Gray, Dr. Matthew Davey, Plant Life, Scottish Association for Marine Science, sustainability
(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Chemical Industry, Evonik, INNOVATION, MACBETH Project, Robert Franke
(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, Technology, United Kingdom
Tagged AI, Clodagh Moriarty, Eric Schoch, NCR Voyix, partnership, retail, Sainsbury, shopping, sustainability, technology, USA
(IN BRIEF) Johnson Controls has been named a finalist in the Empire Technology Prize for its innovative heat pump solution, designed to advance low carbon heating in tall buildings. The system uses ultra-low GWP refrigerant and is expected to save … Read the full press release
Posted in Awards, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology
Tagged Awards, Empire Technology Prize, Ian Casper, Innovative Low Carbon Heat Pump Solution, Johnson Controls, Kate Frucher, Katie McGinty, leadership, New York State Energy Research and Development Authority (NYSERDA), Rajesh Dixit, sustainability
(IN BRIEF) Tubulis has been named one of 2024’s “Fierce 15” biotechnology companies by Fierce Biotech. This recognition celebrates Tubulis’ innovative work in ADC development and its commitment to improving cancer treatment outcomes. With significant recent advancements, including a €128 … Read the full press release
(IN BRIEF) Elmos Semiconductor SE has welcomed 10 new apprentices and four dual students at its Dortmund location, bringing the total to 43. The company offers a range of technical and commercial apprenticeship programs, along with dual study options. Elmos … Read the full press release
Posted in Automotive, Business, Education, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged apprenticeship, Dr. Arne Schneider, Dual Students, Elmos Semiconductor SE
(IN BRIEF) Deutsche Beteiligungs AG (DBAG) is acquiring a controlling interest in UNITY AG, a leading consultancy in technology and digital transformation, aiming to leverage UNITY AG’s strong market position and growth potential. The deal, pending regulatory approval, is expected … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Small Business, Technology
Tagged acquisition, Christoph Plass, consulting services, Deutsche Beteiligungs AG (DBAG), digital transformation, investment, Jannick Hunecke, partnership, Tomas Pfänder, UNITY AG
(IN BRIEF) TotalEnergies is selling its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. TPPL, a joint venture with Pak-Arab Refinery Limited (PARCO), operates over 800 service stations and has fuel logistics and lubricants activities in Pakistan. … Read the full press release
(IN BRIEF) ArcelorMittal has completed the acquisition of a 28.4% equity interest in Vallourec from Apollo Global Management for approximately €955 million. Following the acquisition, ArcelorMittal executives will join Vallourec’s board. ArcelorMittal does not plan to launch a tender offer … Read the full press release
(IN BRIEF) The EBRD is lending €20 million to Allego for the construction of 200 EV charging stations in Poland. This investment, supported by the CEF-Transport Alternative Fuels Infrastructure Facility, aims to boost electric mobility in Poland, helping the EU … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Poland, United Kingdom
Tagged Allego, EBRD, EV charging stations, partnership, Poland, sustainability
(IN BRIEF) The EBRD and Proparco are financing two 60 MW solar power plants in Tozeur and Sidi Bouzid, Tunisia, with a €25 million loan. Developed by Scatec and Aeolus (Toyota Tsusho Group), these projects will reduce annual CO2 emissions … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Aeolus, construction, EBRD, Françoise Lombard, Hideharu Toba, Nandita Parshad, partnership, Proparco, Scatec, solar power plants, sustainability, Terje Pilskog, Tunisia
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