NX Germany opens Dresden branch to boost logistics
The state of Saxony, where Dresden is located, is known as one of Europe’s leading hubs for the semiconductor and other advanced technology industries, and it has attracted numerous global companies from these sectors.
ACME Solar commissions 155 MW BESS projects in India
Located in Rajasthan, these BESS are connected with existing operational Inter-State Transmission System and will run on merchant basis, generating additional revenue stream through price differential between peak and non-peak demand hours.
GALT announces strategic investment from Godspeed Capital
Headquartered in San Diego, GALT Aerospace is a provider of C3 solutions with core capabilities across airborne networking, multi-domain communications, radio/waveform integration, rapid prototyping, and systems engineering.
Volvo Group and Daimler Truck seek to bring Toyota into cellcentric
The Volvo Group, Daimler Truck and Toyota Motor Corporation are planning to jointly operate the fuel cell joint venture cellcentric. The move was outlined in a press release from AB Volvo dated March 31.
Memory market rebounds, but AI demand reshapes recovery
The semiconductor market has been sending mixed signals for some time now. Headline numbers suggest a return to growth, and in some segments even a strong rebound. At the same time, when looking more closely at how this growth is distributed, it becomes increasingly difficult to describe it as broad-based or evenly shared across the industry.
Kioxia to invest in Nanya Technology, secure long-term DRAM supply
Kioxia Corporation will subscribe to a third-party share allotment by Nanya Technology Corporation and enter into a long-term DRAM supply agreement with the company.
Intel to repurchase Fab 34 JV stake for $14.2 billion
US semiconductor manufacturer Intel has reached a definitive agreement with Apollo Global Management to repurchase the 49% equity interest it does not own in the joint venture tied to its Fab 34 semiconductor facility in Ireland. The transaction is valued at USD 14.2 billion.
India’s Bellatrix Aerospace raises $20M in pre-Series B
The Bengaluru-based company said the funds would be used to expand manufacturing capacity to meet rising demand from satellite constellations in India and abroad.
PowerBank advances 3.1 MW BESS project on closed landfill
Following receipt of the final construction approval and financing, the company intends to commence the construction of the project. Once completed, the project in Buffalo, New York, will be operated as a community solar project.
Lumentum expands with new US manufacturing facility
Optical and photonic solutions provider Lumentum plans to establish a new US manufacturing facility in Greensboro, North Carolina.
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