Gilbarco Veeder-Root, a leading provider of fueling and convenience store equipment, has announced a strategic partnership with SK Signet to develop an innovative EV charging system tailored for fuel retailers. The new Konect service is designed to offer a comprehensive electric vehicle...
Polar Semiconductor, based in Bloomington, Minnesota, is making a significant investment of $525 million to double its capacity at its power fab. This move will result in the company shifting towards majority ownership in the US, a strategic decision aimed at strengthening...
SwissDrones, a leading provider of drone helicopters and data analytics solutions, has successfully raised $10 million in Series B funding. The investment round was led by a consortium of prominent investors, including DiamondStream Partners, Chevron Technology Ventures, and Ingleside Investors, along with...
Rutronik System Solutions has introduced a cutting-edge board designed for low power 60GHz radar-based distance measurements and people detection. The Rutronik RAB3 adapter board serves as a valuable tool for testing the functionality of a fully integrated module and exploring the potential...
Recent findings from a report prepared by Boston Consulting Group (BCG) for the US Semiconductor Industry Association reveal promising developments in the efforts to reduce reliance on Asia-based suppliers for chip manufacturing. The report indicates that these policy initiatives are showing positive...
The European Chips Act has paved the way for AMS-Osram to secure a substantial funding application of €588 million (approximately US$630 million) to bolster chip research and development as well as manufacturing endeavors in Austria throughout the remainder of the decade. This...
NASA’s commitment to innovation in materials science has led to a groundbreaking development in the form of a superalloy designed to withstand the extreme conditions of air and spaceflight. This investment is now poised to yield significant commercial benefits, marking a milestone...
Siemens and Sony Corporation have joined forces to unveil an innovative solution that merges Siemens Xcelerator industry software with Sony's cutting-edge XR head-mounted display (HMD), SRH-S1. This groundbreaking device was crafted using Siemens' NX software, a core tool utilized by Sony in...
SiPearl, a European pioneer in high-performance computing (HPC) and artificial intelligence (AI) solutions, has recently announced a strategic collaboration with Samsung Electronics. After conducting an extensive market survey, SiPearl has chosen Samsung's High Bandwidth Memory (HBM) technology for its exceptional speed, energy-efficiency,...
In the realm of medical technology, a groundbreaking development has emerged from TTP in Cambridge. They have successfully created a low-power AI system tailored for implantable medical devices. This innovative AI framework is designed to analyze real-time ECG data and detect potential...