Atom Computing raises $300M to advance quantum computing
The US-based company plans to accelerate the development and deployment of commercial-scale fault-tolerant quantum computers. Atom Computing recently announced a full demonstration of quantum error correction on its quantum computers.
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Aukera commissions first phase of Gura BESS in Romania
This marks Aukera’s first operational BESS project in Romania and a significant step in the delivery of the Belgian company’s 250 MW/500 MWh Gura project. Phase two representing an additional 100 MW will soon be under construction.
QBit Semiconductor acquires 60% stake in Singapore’s SinChip
This move will complement QBit’s existing high-performance SoC platforms, boosting its ASIC design services capability and amplifying the Taiwanese company’s market layout across Edge AI, HPC, optical communications and automotive sectors.
Nyobolt raises $60 million to power rise of autonomous machines
New funding to advance UK-based company Nyobolt’s aim to deliver instant power for demanding robotics and automation applications and AI data centres.
Principal Mineral acquires Isola, raises $280M for next growth phase
Principal Mineral has acquired Isola Group, a century-old manufacturer of copper-clad laminates and dielectric prepregs, and raised approximately USD 280 million to fund its next phase of growth. The deal closed on June 16, 2026.
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Cicor divests Tunisia facility and launches efficiency programme
Swiss EMS provider Cicor is divesting its Tunisia production facility and launching an integration and productivity programme expected to deliver recurring EBITDA improvements of more than CHF 10 million annually. The programme affects approximately 220 positions, equivalent to 5% of the company's total headcount.
Semiconductor market hits record quarter, driven by memory surge
Semiconductor revenue grew 27% QoQ in Q1 2026 to reach USD 319 billion – the highest quarterly growth Omdia has recorded since it began tracking the market in 2002. It marks the third consecutive quarter of double-digit growth, putting the market on track to surpass USD 700 billion in the first half of 2026.
India’s Ethereal Machines raises $28.5 million in Series B
The fresh funds will be used to expand manufacturing infrastructure, develop India’s first indigenous multi-axis CNC controller, strengthen its software stack, support semiconductor manufacturing initiatives, and accelerate international expansion.
Sungrow, Sunotec commission Enery’s 150 MW BESS in Bulgaria
The Nova Zagora project is part of a broader portfolio of energy storage projects jointly implemented by Sungrow and Sunotec in Bulgaria. Over the next two months, a total of 2.2 GWh of battery storage capacity is scheduled to be brought online.
Firefly wins $75M subcontract to deliver drones to Moon’s south pole
Upon launching, Firefly’s Elytra spacecraft will carry the drones over a 45-day transit to the Moon and enter lunar orbit before deorbiting and performing a braking maneuver to deploy the drones approximately 50 km above the Moon’s south pole.
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