LG Electronics opens new smart factory in Brazil
Representing an investment of USD 310 million, the factory is LG’s second home appliance production base in Brazil. The new facility spans 770,000 square meters and has an annual production capacity of approximately 600,000 refrigerators.
Ambi, Pickle deliver integrated physical AI solution for logistics
The deployment combines Pickle Robot’s trailer-unloading robots with Ambi Robotics' AmbiStack multi-purpose stacking solution, enabling a continuous and autonomous flow of packages from inbound trailers through receiving operations.
SK hynix invests $38 billion in chip plants in South Korea
SK hynix’s board has approved about 54.3 trillion won ($38 billion) of investments through 2031, including 35.2 trillion won for the second phase of construction of its chip fabrication plant in Yongin and 19.1 trillion won for its M17 chip plant in Cheongju.
Rheinmetall partners with Space Norway on maritime space surveillance
The cooperation covers satellite communications, sensors and mission systems, as well as their integration into higher-level command and information systems. The objective is to develop future capabilities for customers in Germany and other allied nations.
US firm ChipAgents expands Series A funding to $134 million
The funding will support ChipAgents' next phase of expansion as the company scales customer deployments, grows its engineering and go-to-market teams, and accelerates development of its AI-native semiconductor design platform.
Waaree secures $17 million order for medium voltage skids
The 8.3 MVA MV skid is a plug-and-play, containerised solution developed by Waaree Transpower specifically for BESS applications. The complete solution is integrated within a 20-foot container, enabling efficient transportation, installation and deployment.
BAE Systems, TUALCOM to collaborate on autonomous technologies
The agreement between BAE Systems and TUALCOM establishes a strategic framework for both organisations to investigate opportunities to integrate advanced communications, resilient navigation and electronic warfare technologies into future autonomous platforms.
Heron plans $100M factory for next-gen power electronics in US
Heron Power has selected Morgan Hill, California as the home of its first large-scale factory and expects to add more than 600 jobs in advanced manufacturing, engineering and operations roles in California.
US space tech startup Array Labs raises $21 million
The investment round was anchored by Mitsubishi Electric Corporation. Array Labs and Mitsubishi Electric have also entered into a partnership to develop and bring to market satellite-based maritime and aircraft tracking services for customers in Asia-Pacific.
EMS provider Norautron acquires Jaltek, establishes UK presence
The acquisition marks an important step in the Norwegian company's international growth, establishing a presence in the UK while expanding the Group’s advanced electronics manufacturing capacity and strengthening its technical and design capabilities.
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