(IN BRIEF) Thales has entered into exclusive negotiations to acquire Cobham Aerospace Communications (AeroComms), a leading provider of safety cockpit communication systems, for $1.1 billion. AeroComms operates across multiple countries and is expected to generate approximately $200 million in revenues … Read the full press release
(IN BRIEF) Télécom Paris, in collaboration with Bouygues Telecom and Thales, has launched the Research Chair in Responsibility for Digital Identity (RD-ID). Directed by Valérie Fernandez and Laura Draetta, the chair aims to conduct research and innovation projects that align … Read the full press release
(IN BRIEF) SMART Photonics, a scale-up company and former TU/e spin-off, has successfully raised an additional €100 million in funding from a group of strategic industry players and financial institutions. The funding round includes semiconductor industry leaders ASML, NXP, and … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Europe, funding, Gen Chip Manufacturing, Johan Feenstra, Micky Adriaansens, partnership, Robert-Jan Smits, SMART Photonics, TU/e
(IN BRIEF) The ABB FIA Formula E World Championship is set to take place in Rome this weekend, showcasing the excitement of e-mobility. The circuit, located in the south of the city, is one of the longest tracks on the … Read the full press release
Posted in Automotive, Business, Environment, Industrial, Management, Media, News, Switzerland, Technology
Tagged ABB, e-mobility, Formula E, Karin Lepasoon, Rome, sustainability
(IN BRIEF) Ericsson and MTN have joined forces to deliver affordable and reliable mobile broadband services to remote rural areas in Benin that lack adequate connectivity. As part of the agreement, Ericsson will support MTN Benin’s rural coverage expansion across … Read the full press release
Posted in Business, Industrial, Internet & Online, Management, News, Sweden, Technology, Telecom
Tagged connectivity, Ericsson, Hossam Kandeel, mobile broadband, MTN, partnetship, Rural Benin, Uche OFODILE
(IN BRIEF) MAN Truck & Bus, a prominent logistics integrator, is intensifying its transformation efforts by taking significant strides towards emission-free drives. The company’s focus for commercial vehicles is primarily on battery-electric drives, while MAN Engines, a business unit of … Read the full press release
(IN BRIEF) Maersk, a leading logistics integrator, is introducing an AI-enabled robotic solution in its latest UK warehouse located in East Midlands. Developed by Berkshire Grey, the state-of-the-art Robotic Shuttle Put Wall System will automate and accelerate operations in the … Read the full press release
Posted in Business, Industrial, Management, News, Technology, United Kingdom
Tagged AI-Enabled Robotic Solution, Berkshire Grey, Fergus Whinham, Maersk, warehouse
(IN BRIEF) Hexagon, through its Mining division, has acquired HARD-LINE, a Canadian company specializing in mine automation and remote-control technology. HARD-LINE’s expertise lies in providing remote control solutions and network infrastructure for tele-remote operation of heavy machinery in mines. The … Read the full press release
Posted in Business, Industrial, Metals and Minerals, Sweden, Technology
Tagged automation, HARD-LINE, Hexagon, HxGN Autonomous Mining, HxGN MineProtect, HxGN Underground Mining, mine automation, mine production optimization, mine safety, mining, Nick Hare, remote-control technology, tele-remote technology, Walter Siggelkow
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired HARD-LINE, a fast-growing company specializing in mine automation and remote-control technology. HARD-LINE’s expertise lies in remote control solutions that enable the tele-remote operation of heavy machinery from secure … Read the full press release
Posted in Industrial, Metals and Minerals, Sweden, Technology
Tagged acquisition, autonomous technologies, combining sensor, digital reality solutions, HARD-LINE, heavy machinery, Hexagon AB, HxGN Autonomous Mining, HxGN MineProtect, HxGN Underground Mining, mine automation, mine production optimisation, mining automation, Paolo Guglielmini, remote-control technology, software
(IN BRIEF) ESET, a global cybersecurity leader, has partnered with DeepMind, the renowned Google research laboratory for artificial intelligence, to host the Eastern European Summer School of Machine Learning. The event is currently taking place at the Technical University of … Read the full press release
Posted in Artificial Intelligence (AI), Education, Industrial, Internet & Online, Security & Safety, Slovakia, Technology
Tagged AI Canada, artificial-intelligence, Cybernetics, deep learning, DeepMind, Doina Precup, Eastern European Summer School of Machine Learning, ESET, Google, Jana Košecká, Juraj Malcho, Machine Learning, McGill University in Montreal, medicine, Michal Valko, Peter Richtárik, Razvan Pascanu, robotics, Slovakia, Technical University of Košice, Viorica Patraucean, Yoshua Bengio
(IN BRIEF) Webuild has appointed Gianni De Gennaro as the chairman of Eurolink, the General Contractor responsible for constructing the Sicily-Calabria Bridge in southern Italy. De Gennaro’s selection is based on his extensive experience in both the public and private … Read the full press release
(IN BRIEF) The Association for Financial Markets in Europe (AFME) has welcomed the UK Government’s Mansion House reforms, particularly the optionality provided for paying for investment research. The reforms allow clients to choose how they pay for research, whether bundled … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Law, Management, News, United Kingdom
Tagged Adam Farkas, AFME, European Union, flexibility, Investment Research Payments, Reforms, UK Government
(IN BRIEF) Evonik’s Health Care production site in Ham, France, has achieved carbon neutrality by reducing its direct and indirect greenhouse gas emissions to zero. This milestone aligns with Evonik Health Care’s commitment to becoming carbon neutral in Scope 1 … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Healthcare, Industrial, Infrastructure & Utilities, Management, News
Tagged biogas, carbon neutrality, ENGIE, Evonik, France, green electricity, Health Care Site, sustainable, Thomas Riermeier
(IN BRIEF) MAHLE has secured a series order from DEUTZ, an engine manufacturer, for the development and supply of power cell units for hydrogen engines. These units, consisting of the piston, piston ring pack, and piston pin, will be used … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News
Tagged Arnd Franz, DEUTZ, Dr. Sebastian C. Schulte, hydrogen engines, MAHLE, Power Cell Units, sustainable mobility
(IN BRIEF) Reutlingen University has unveiled the Texoversum, a unique training and innovation center for the textile industry in Europe. The building features a textile-like façade made of carbon fibers wound by robots, resulting in a lightweight yet highly resilient … Read the full press release
(IN BRIEF) GTT, a global leader in the design of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order from Dalian Shipbuilding Industry & Co to design the tanks for two … Read the full press release
Posted in Business, France, Industrial, Management, News, Transportation & Logistics
Tagged Dalian Shipbuilding Industry & Co, GTT, LNG carriers, tank design
(IN BRIEF) UK Research and Innovation (UKRI) has announced £6 million in funding for five new projects aimed at achieving a significant shift towards sustainable plastics. Led by UK universities, these multidisciplinary projects will focus on easier recycling of multilayer … Read the full press release
Posted in Business, Education, Environment, Financial, Industrial, Management, News, Science, Technology, United Kingdom
Tagged Andrew Dove, Chenyu Du, Dr Agnieszka Brandt-Talbot, Dr Daniel Slocombe, funds, innovative projects, Mark Miodownik, Miles Padgett, packaging, plastics, Rebecca Pow, recycling, sustainability, UKRI
(IN BRIEF) ING has announced that it repurchased 1,639,985 shares during the week of July 3-7, 2023, as part of its €1.5 billion share buyback program. The average price per share was €12.45, resulting in a total amount of €20,418,895.26. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, ING
(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release
Posted in Banks, Business, Economy, Finland, Industrial, Management, News, Retail, United Kingdom
Tagged Barclays, economy, Esme Harwood, inflation, Shrinkflation, Will Hobbs
(IN BRIEF) Orange Jordan has launched its 5G services in various areas of Amman and Irbid, extending its 5G journey that began with a pilot in November 2022. The launch was announced by CEO Philippe Mansour during a press conference, … Read the full press release
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