Siemens acquires key businesses of Italy’s MERMEC Group
The transaction will strengthen Siemens’ global rail portfolio, with a particular focus on diagnostics and measurement technologies, while further expanding its signaling activities, industrial footprint, and market access in Italy.
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Posco Holdings signs $765 million deal for stake in lithium mines
Posco Holdings will establish a new intermediate holding company with Australian company Mineral Resources and acquire a 30% stake in it. Posco Holdings has secured the right to be supplied with 30% of the lithium concentrate produced by the JV.
India, EU launch €15.2M initiative to boost battery recycling
The call, jointly funded by the EU’s Horizon Europe program and India’s Ministry of Heavy Industries, will support the development of recycling technologies, including high-efficiency material recovery, safe and digitalised collection systems, and pilot-scale demonstration of innovative processes.
Intuitive Machines to acquire Goonhilly Earth Station and COMSAT
The acquisition, which will include the Goonhilly Lunar and Deep Space Communications, Commercial Satcom, and Defense and Security divisions, significantly expands global ground station resources and capacity on Intuitive Machines’ integrated space-to-ground network.
Locus Robotics acquires Nexera, advancing mobile manipulation
The integration of Nexera’s NeuraGrasp end-effector technology into the Locus Robotics physical AI platform expands the company’s autonomous mobile manipulation capabilities and broadens what Locus Array can handle across end-to-end fulfillment workflows.
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Analog Devices to buy Empower Semiconductor for $1.5 billion
Empower’s silicon capacitors are already in production, and IVR programs are advancing in close collaboration with leading hyperscalers and AI silicon providers — capabilities ADI will accelerate through its scale, manufacturing and customer reach.
UK firm Quantum Motion raises $160 million in Series C
The financing positions Quantum Motion to deliver utility-scale and commercially viable quantum computers that fit inside existing standard data centres and racks.
Singapore’s AP Technologies acquires Irish firm Blueacre
The acquisition establishes AP Technologies’ first European operation in Ireland’s medtech corridor, and extends its catheter platform into the laser-processed metallic components used in next-generation minimally invasive devices.
GE Aerospace to invest $10 million in Pune facility
This latest investment builds on the USD 42 million announced over the last two years, bringing GE Aerospace’s total investment in the Pune (India) facility to more than USD 52 million over three years.
Fortec Power secures defence contract worth $4.4 million
The contract covers the supply of performance- and safety-critical power supply solutions for a demanding industrial defence application. Deliveries are expected to take place mainly in the 2026/2027 and 2027/2028 financial years.
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