Daily Archives: 20, November 2025

Nokia Joins Open Compute Project as Platinum Member to Advance Open, Scalable Networking Solutions for the AI Supercycle

(IN BRIEF) Nokia has joined the Open Compute Project as a Platinum member, reinforcing its commitment to advancing open, scalable and AI-optimized networking technologies. As AI workloads continue to stress conventional data center and network designs, Nokia will collaborate with … Read the full press release

Nokia and Tesi Invest in NestAI to Accelerate Development of AI-Driven Capabilities for Unmanned Systems and Critical Infrastructure

(IN BRIEF) Nokia and NestAI have entered into a strategic partnership to develop AI-native defense and critical infrastructure technologies, supported by a combined €100 million investment from Nokia and Tesi. NestAI, one of Europe’s fastest-growing physical AI labs, focuses on … Read the full press release

CapMan Exits DEN Group After Strengthening Its Position as Finland’s Top Single-Family Home Builder and Expanding Its Multi-Brand Portfolio

(IN BRIEF) CapMan Buyout has agreed to sell its stake in DEN Group Oy to Metric Capital Partners, ending a partnership that began in 2011. During CapMan’s ownership, DEN Group strengthened its position as Finland’s leading detached house builder, expanded … Read the full press release

Sika Expands Regional Waterproofing Portfolio Through Acquisition of Gulf Seal to Support Vision 2030 and GCC Mega Projects

(IN BRIEF) Sika has acquired Gulf Seal, a leading Saudi Arabian producer of bituminous waterproofing membranes, strengthening its presence in the fast-growing construction markets of Saudi Arabia and the wider GCC. Gulf Seal brings more than 20 years of regional … Read the full press release

Egis Supports Atlandes in Delivering a High-Capacity, Sustainable Truck Parking Model on the A63 to Reduce Illegal Parking and Improve Driver Safety

(IN BRIEF) Atlandes, supported by Egis, has implemented an innovative truck parking system at the Lugos Est rest area on the A63 motorway, increasing capacity from 72 to 128 spaces without expanding the site. Inspired by German best practices, the … Read the full press release

EQT Foundation Backs UK Startup Milvus Advanced as It Develops High-Performance Nanomaterials to Replace Rare Metals in Energy Technologies

(IN BRIEF) EQT Foundation has invested €200,000 in Milvus Advanced as part of a £5 million Seed round supporting the UK startup’s development of nanomaterials that can replace scarce platinum group metals in clean energy technologies. Milvus’s platform uses abundant … Read the full press release

Capacity-Building Programme Backed by Sweden and Nefco Strengthens Ukraine’s Reconstruction Workforce and Promotes Circular Demolition Practices

(IN BRIEF) Nefco is supporting a Swedish-funded demolition training programme in Finland for five Ukrainians, including three women, to help strengthen Ukraine’s sustainable reconstruction capabilities. Delivered in partnership with Lotus Demolition, the training covers safe and circular demolition practices, safety … Read the full press release

Nefco Provides EUR 5 Million Financing to Help Merus Power Scale Energy Storage and Power Quality Solutions Across Europe

(IN BRIEF) Nefco has signed a EUR 5 million loan agreement with Merus Power to support the Finnish company’s international expansion in electrical energy storage and power quality systems. As Europe increases its reliance on renewable energy, demand for storage … Read the full press release

Metso Expands Thickener Technology Lineup with Launch of Its Largest Split Geared Ring Designed for High-Torque Mining Applications

(IN BRIEF) Metso has launched the SCDH4500, its largest split geared ring model, offering a major improvement in thickener maintenance for mining operations. The new two-piece split design reduces installation time by up to 50%, eliminates the need for large … Read the full press release

AstraZeneca Secures FDA Approval for Koselugo to Treat Adults with NF1 Plexiform Neurofibromas Following Positive Phase III KOMET Results

(IN BRIEF) AstraZeneca’s Alexion division has received FDA approval for Koselugo (selumetinib) to treat adults with NF1 who have symptomatic, inoperable plexiform neurofibromas. The decision is based on strong results from the Phase III KOMET trial, which showed a 20% … Read the full press release

Technology Innovation Institute and Thales Form Strategic Research Alliance to Advance Frontier Technologies and Support the UAE’s Innovation Leadership

(IN BRIEF) The Technology Innovation Institute and Thales have signed a long-term Collaboration Agreement at the Dubai Airshow to advance joint R&D in quantum sensing, autonomous systems, and directed energy technologies. The partnership supports the UAE’s ambition to strengthen sovereign … Read the full press release

Dubai Air Navigation Services, Emirates Airline, and Thales Advance UAE Airspace Efficiency Through New AI-Enabled Research Partnership

(IN BRIEF) Dubai Air Navigation Services, Emirates Airline, and Thales have signed a Collaborative Research Agreement to advance air traffic efficiency at Dubai International Airport by reducing holding patterns through AI-driven solutions. The initiative aims to cut fuel burn, lower … Read the full press release

UAE Strengthens National Cyber Sovereignty with New Thales Collaboration Focused on Advanced Space and Cyber Capabilities

(IN BRIEF) Thales and the UAE Cyber Security Council have entered a long-term strategic partnership to support the UAE’s vision of strengthening National Cyber Sovereignty. Formalized through a Memorandum of Understanding during the Dubai Air Show, the collaboration will establish … Read the full press release

AI-Powered Traffic Data Initiative in Switzerland Moves Forward with AFRY’s Expertise and ASE AG Implementation

(IN BRIEF) AFRY has been selected as a subcontractor to ASE AG for a major initiative in Switzerland aimed at enhancing traffic data analysis through artificial intelligence. Commissioned by the Federal Roads Office (FEDRO), the project forms part of the … Read the full press release