(IN BRIEF) Researchers at the University of Twente have developed a groundbreaking design strategy to enhance the efficiency, storage capacity, and durability of capacitors used in critical applications like pacemakers, defibrillators, radar technology, and electric vehicles. Led by Dr. Minh … Read the full press release
(IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, Finland, Industrial, Investment, Management, News, Sweden, Technology
Tagged Electric Equipment R&D, Husqvarna, NIB, Nicolas Audibert, partnership, sustainability, Sweden
(IN BRIEF) LPKF Laser & Electronics SE achieved its Q1 revenue of EUR 25.4 million and adjusted EBIT of EUR -4.3 million, meeting guidance despite challenges in incoming orders due to project delays. The company made strides in key areas, … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Klaus Fiedler, LPKF Laser & Electronics SE
(IN BRIEF) ROHM and STMicroelectronics have announced the expansion of their multi-year agreement for the supply of silicon carbide (SiC) substrate wafers. This deal, valued at a minimum of $230 million, will see larger volumes of SiC substrate wafers being … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged Dr. Robert Eckstein, Geoff West, Germany, partnership, Röhm, Semiconductor Capacity, SiC Substrate Supply, SiCrystal, STMicroelectronics, sustainability
(IN BRIEF) BMT SPARO®, a pioneering air-ground payload transfer device, has secured a pivotal contract with the British Army, signaling a significant advancement in autonomous logistics within the defense sector. This innovative technology allows drones to conduct precise deliveries from … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged BMT, BMT SPARO®, British Army, Dr. Steve Wright, Drone Deliveries, James Campbell, partnership, Phil Metcalfe, sustainability
(IN BRIEF) CNH Industrial N.V. (NYSE:CNHI) has announced the appointment of Gerrit Marx as its new CEO, effective July 1, 2024. Marx will succeed Scott W. Wine, who, after successfully overseeing the delivery of the 2021 Business Plan, has decided … Read the full press release
Posted in Agriculture, Business, Electronics & Machinery, Industrial, Management, News, United Kingdom
Tagged appointment, CEO, CNH Industrial, Gerrit Marx, leadership, Scott W. Wine, Suzanne Heywood
(IN BRIEF) Bang & Olufsen’s commitment to reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway from the Paris Agreement. With aims to achieve Net-Zero across their value … Read the full press release
(IN BRIEF) Siemens and BILT are pioneering a groundbreaking approach to electrician training by optimizing their 3D Intelligent Instructions for Apple Vision Pro. As the demand for skilled electricians rises, effective training becomes crucial. Leveraging BILT on Apple Vision Pro, … Read the full press release
Posted in Artificial Intelligence (AI), Education, Electronics & Machinery, Industrial, Switzerland, Technology
Tagged 3D Intelligent Instructions, Andreas Matthé, Apple Vision Pro, BILT, digitalization, Electrician training 3D Intelligent Instructions, Hannover Messe, Immersive learning, Industry innovation, Nate Henderson, Peter Koerte, Siemens, Siemens Xcelerator Ecosystem, Spatial models, t Siemens Smart Infrastructure, Xcelerator Ecosystem
(IN BRIEF) Dr. Ivano Malavolta, associate professor at Vrije Universiteit Amsterdam, has been awarded the prestigious Dutch Prize for ICT Research 2024 for his groundbreaking work in energy-efficient robotics software. Presented during NWO ICT.OPEN2024 by Professor Ad Ijzerman and Professor … Read the full press release
Posted in Artificial Intelligence (AI), Awards, Business, Electronics & Machinery, Financial, Industrial, Management, Netherlands, News, Science, Technology
Tagged Awards, Dr. Ivano Malavolta, Dutch ICT Research Prize 2024, Energy-Efficient Robotics Software, NWO, Professor Ad Ijzerman, Professor Han La Poutré
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release
Posted in Business, Denmark, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged Centrica Energy, Geoff West, Italy, Kristian Gjerløv-Juel, partnership, renewable energy, STMicroelectronics, sustainability, UK
(IN BRIEF) KUKA, a leader in automation and robotics, achieved record-breaking sales revenues exceeding €4 billion in 2023, alongside a substantial increase in EBIT. CEO Peter Mohnen highlighted the company’s resilience and growth amidst fierce market competition and expanding international … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, KUKA, Peter Mohnen, Reinhold Groß
(IN BRIEF) Royal Philips announces the final agreement on a consent decree for its subsidiary, Philips Respironics, with the US Department of Justice (DOJ) and the US Food and Drug Administration (FDA). The decree primarily focuses on Respironics’ US operations, … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Security & Safety, Technology
Tagged DOJ, FDA, Philips, Philips Respironics, Roy Jakobs, safety, Steve C. de Baca
(IN BRIEF) Henkel and Samsung have joined forces to introduce a groundbreaking laundry solution tailored for the South Korean market. By combining Henkel’s Persil Deep Clean enzyme technology with Samsung’s advanced AI Bubble™ and AI Auto Dispenser technologies, they have … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Energy-Efficient Wash Cycles, Henkel, Laundry, Moohyung Lee, Nuria Ribe, partnership, Samsung, South Korea, sustainability
(IN BRIEF) Johnson Controls, a global leader in smart, healthy, and sustainable buildings, has introduced a new suite of residential products optimized for use with low-GWP refrigerant R-454B, aligning with upcoming regulations for reduced hydrofluorocarbon gases. This launch reflects Johnson … Read the full press release
(IN BRIEF) French medtech company Wandercraft secures €25 million financing from the European Investment Bank (EIB) to advance the development of their groundbreaking Personal Exoskeleton. This innovative device, the first self-balancing exoskeleton designed for daily use by individuals with severe … Read the full press release
Posted in Banks, Business, Economy, Electronics & Machinery, Environment, Financial, France, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Atalante X, EIB, France, Matthieu Masselin, partnership, Personal Exoskeleton Development, rehabilitation, sustainability, Wandercraft
(IN BRIEF) Bang & Olufsen and ADER ERROR have announced a collaborative limited-edition collection titled “The Blueism”, marrying fashion and music through a sleek portable speaker and accessories. ADER ERROR infuses its signature Z-blue color into Bang & Olufsen’s Beosound … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Denmark, Electronics & Machinery, Entertainment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged "The Blueism" Collection, ADER ERROR, Andra Gavrilescu, Bang & Olufsen, Beosound A1, fashion, music, partnership, South Korea, sustainability
(IN BRIEF) STMicroelectronics (NYSE: STM) has announced Panasonic Cycle Technology’s adoption of the STM32F3 microcontroller (MCU) and edge AI development tool, STM32Cube.AI, for their TiMO A e-assisted bike. This collaboration introduces an innovative tire pressure monitoring system (TPMS) using advanced … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged AI Tire Pressure Monitoring System, e-Assisted Bike, Edge AI Solutions, Japan, Marc Dupaquier, Mr. Hiroyuki KAMO, Panasonic, partnership, STMicroelectronics, sustainability, TiMO A
(IN BRIEF) ARBURGadditive will participate in the 20th anniversary of Rapid.Tech in Erfurt from May 14 to 16, 2024, showcasing two innovative exhibits: a large freeformer 750-3X operating on plastic granules and an LiQ 5 for 3D printing liquid silicone … Read the full press release
(IN BRIEF) Jenoptik AG announces impressive financial results for the fiscal year 2023, highlighted by a considerable increase in revenue and profitability. The company’s photonics business, particularly in the semiconductor equipment sector, drove significant organic revenue growth of 8.7 percent … Read the full press release
(IN BRIEF) Husqvarna Group, a leader in robotic lawn care, unveils two new models of Husqvarna Automower® designed specifically for medium-sized gardens. The Automower 310E NERA and 410XE NERA integrate seamlessly with Husqvarna’s EPOS satellite navigation system and introduce the … Read the full press release
(IN BRIEF) A service evaluation conducted by the University of East Anglia unveils a groundbreaking initiative where GPs utilized cameras to photograph skin complaints, sending high-resolution images to dermatologists for review. With over 3,000 patients involved, the innovative service significantly … Read the full press release
(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) Jenoptik, in partnership with a local Ecuadorian company, has been selected by the Ecuadorian National Traffic Commission (CTE) for a comprehensive 12-year project aimed at enhancing road safety throughout Ecuador. The initiative involves the deployment of over 120 … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged Alexis Collazo, cameras, Ecuador, Finbarr O'Carroll, Jenoptik, partnership, Traffic Safety Project
(IN BRIEF) LPKF Laser & Electronics SE disclosed its financial performance for the fiscal year, registering a revenue of EUR 124.3 million and an EBIT of EUR 3.7 million, slightly lower than the previous year’s figures. Despite facing challenges such … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, investment, Klaus Fiedler, LPKF Laser & Electronics SE
(IN BRIEF) Siemens AG announces its acquisition of ebm-papst’s industrial drive technology (IDT) business, which specializes in intelligent, integrated mechatronic systems for various applications, including free-range driverless transport systems. This strategic move, involving around 650 employees, aims to enhance Siemens’ … Read the full press release
(IN BRIEF) NORMA Group, headquartered in Maintal, Germany, has been acknowledged for its exemplary commitment to employee safety by the independent rating agency Sustainalytics. The company’s occupational safety management played a pivotal role in achieving a “Top Industry Rated” status, … Read the full press release
(IN BRIEF) In a significant development, LPKF Laser & Electronics SE has secured another major order in the solar market, reaffirming its longstanding partnership with a prominent international manufacturer. The order entails the supply of high-precision laser systems for structuring … Read the full press release
(IN BRIEF) Menachem (Nachi) Stern is set to join AMOLF on August 1st as the tenure track group leader of the Learning Machines group, which will span across the autonomous matter and information in matter research themes. With a background … Read the full press release
(IN BRIEF) Researchers from Loughborough, Cambridge, Northumbria, and Imperial universities have made a significant breakthrough in organic light-emitting diode (OLED) technology that could revolutionize television and smartphone screens. By simplifying the structure of high-efficiency blue OLEDs, the team aims to … Read the full press release
Posted in Business, Electronics & Machinery, Entertainment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Cambridge, Dr Daniel Congrave, Dr Felix Plasser, Higher Definition Screens, Loughborough University, Northumbria, OLED technology, partnership, Professor Hugo Bronstein, sustainability
(IN BRIEF) Husqvarna Group has once again been acknowledged as a “Global Supplier Engagement Leader” by CDP, underscoring its unwavering commitment to sustainability and environmental stewardship. With a Rating A, the company’s dedication to reducing CO2 emissions throughout its value … Read the full press release
Posted in Awards, Business, Electronics & Machinery, Environment, Industrial, Management, News, Non Profit, Sweden
Tagged Awards, Calle Medin, CDP, Global Supplier Engagement Leadership, Husqvarna Group, sustainability
(IN BRIEF) Infineon Technologies AG introduces the OptiMOS™ 6 200 V MOSFET product family, designed to revolutionize motor drive applications like e-scooters, micro-EVs, and E-forklifts. This new portfolio boasts enhanced technical features compared to its predecessor, including a 42% lower … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Infineon, Motor Drive Applications, OptiMOS™ 6 200 V MOSFETs
(IN BRIEF) EQT Private Equity has announced the sale of its 20% stake in Ottobock, the leading provider of wearable human bionics solutions, to Professor Hans Georg Näder and the Näder Family. Since EQT’s investment in 2017, Ottobock has experienced … Read the full press release
(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release
Posted in Artificial Intelligence (AI), Business, Electronics & Machinery, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology
Tagged ABB, Auburn Hills, John Bubnikovich, leadership, Michigan, partnership, robotics, Sami Atiya, sustainability, US
(IN BRIEF) In a strategic move, Husqvarna Group has announced its acquisition of ETwater, a prominent player in smart irrigation management for commercial markets in North America, from Rivulis Irrigation. ETwater’s integration into Husqvarna’s Gardena Division, specifically within the Orbit … Read the full press release
(IN BRIEF) Effective March 13, 2024, Jeroen Spruyt is appointed as President of Agfa’s Radiology Solutions division and joins the company’s Executive Management Team. With a background in Applied Economics and an MBA from Vlerick Business School, Spruyt brings extensive … Read the full press release
(IN BRIEF) STMicroelectronics, a leading semiconductor manufacturer, introduces the new STM32H7R/S microcontrollers, blending the performance and scalability of microprocessors with the simplicity of microcontrollers. These high-performance devices cater to diverse applications such as smart appliances, industrial automation, and eHealth systems, … Read the full press release
(IN BRIEF) Husqvarna Group, a leading manufacturer of outdoor power products, announces the successful placement of a SEK-denominated green bond worth 1,750 million over a 3-year term. The bond issuance, conducted under the company’s Medium Term Note Program, signifies Husqvarna … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Green Initiatives, Husqvarna Group, investment, sustainability, Terry Burke
(IN BRIEF) ARTE MUSEUM, the renowned digital art venue by d’strict, has made its debut in the Middle East with the opening of ARTE MUSEUM DUBAI at Dubai Mall. Spanning 30,000 square feet, the museum invites visitors to explore ‘ETERNAL … Read the full press release
Posted in Art & Culture, Belgium, Business, Electronics & Machinery, Entertainment, Financial, Government, Industrial, Investment, Management, Media, News, Technology
Tagged 'ETERNAL NATURE', ARTE MUSEUM DUBAI, Barco, Barco projectors, digital art, d’strict, exhibition, Jin Lee, KOREA, partnership, Sean Lee, Ta Loong Gan, Young-gyu Jang
(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
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