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Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity. Toyota’s global investment climbs up to $5.6 billion, supporting electrification efforts. LIBERTY, N.C,…
Autonomy Places 23,000 Electric Vehicle Order With Automakers to Expand and Diversify Subscription Fleet. EV subscription fleet order valued at $1.2B. Fleet order placed for 45 electric vehicle models from…
General Dynamics NASSCO Awarded $1.4 Billion to Build U.S. Navy Ships. Contract modifications provide full funding for three ships – ESB 8, T-AO 211, and T-AO 212; and an option…
SkyWater Plans to Build Advanced $1.8B Semiconductor Manufacturing Facility in Partnership with the State of Indiana and Purdue University. Public-private partnership to pursue CHIPS funding critical for national security, advanced…
Engiven, Inc. Becomes World’s First Cryptocurrency Donation Platform to Receive SOC2 Type 1 Compliance Certification. SAN DIEGO, July 20, 2022 – Engiven Inc. announced today that it has achieved SOC…
AEI HorizonX Fund II to expand investments in transformative technologies in future mobility, sustainability, digital enterprise applications, and networks and security. Boeing commits $50 million to anchor new fund, bolstering…
Quantum Source To Actualize a Breakthrough Technology That Will Enable Photonic Quantum Computers That Are 50,000x More Efficient. Three serial entrepreneurs and a leading Professor from the Weizmann Institute of…
Puma 3 AE unmanned aircraft system delivers immediate tactical reconnaissance, surveillance and target acquisition in day or night maritime and land-based operations AeroVironment’s small unmanned aircraft systems comprise the majority…
Defacto Secures €15M Led by Northzone With Headline, and GFC to Become Europe’s Largest API-first B2B Lending Platform. Spiking costs, rising interest rates, and Pandemic-loan repayments threaten the solvency of…
Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-ion Battery Production Plant in United States. Highlights: Joint venture to build an electric-vehicle battery plant in…
BROOKLYN, N.Y., May 23, 2022 – Qunnect, INC., a Quantum Networking company, was awarded two SBIR awards from the US Department of Energy totaling $1.85M. These awards further the development…
Hyundai to invest more than USD 10 billion in US by 2025 as the group targets Innovation and Mobility Leadership. HMG to invest more than USD 10 billion in US…
Hyundai To Establish First Dedicated EV Plant and Battery Manufacturing Facility in the U.S. Highlights: Hyundai Motor Group enters agreement with State of Georgia to build full electric vehicle and…
Twitch Co-Founder Kevin Lin Raises $24 Million Series A for New Web3 Interactive Media Company Metatheory. Raise Led by Andreessen Horowitz with Cryptocurrency Firms Pantera Capital and FTX Ventures. SAN…
Pharrowtech Raises €15 Million in Series A Funding to Develop World’s First Viable Wireless Alternative for Optical Fiber. The investment will accelerate the go-to-market for the company’s cutting-edge gigabit-per-second wireless…
Volkswagen to invest 10 billion euros to electrify Spain. It will represent the single largest industrial investment in Spain’s history. Construction of the first battery Gigafactory in Spain will begin…
Finland: IQM’s Quantum Fabrication Facility Gets a €35 Million Boost From the EIB. The funding will be used to accelerate the development and commercialization of IQM’s quantum processors. Quantum computing…
Saudi Arabia to purchase 100,000 Lucid Air Electric Vehicles. Purchase commitment by the Government of Saudi Arabia by the Ministry of Finance to include award-winning Lucid Air and future Lucid…
Agility Robotics Raises $150M Series B Led by DCVC and Playground Global to Accelerate Blended Human-Robot Workplaces. Company Prepares To Introduce Flagship Robot To Logistics and Warehouse Environments. CORVALLIS, Ore…
15 teams from nine countries take home $1M Milestone awards in next stage of $100M XPRIZE Carbon Removal competition to innovate and scale solutions to fight climate change. LOS ANGELES-…
According to new study from Capgemini, 23% of enterprises around the world are presently working on or planning to deploy quantum technologies, transitioning from scientific research to real-world applications. Paris–…
Kioxia and Western Digital Jointly Invest in New Flash Memory Manufacturing Facility in Yokkaichi Plant. Initial Production to Begin in the Fall of Calendar 2022 TOKYO & SAN JOSE, Calif…
Sony and KIRKBI Invest in Epic Games to Build the Future of Digital Entertainment. Epic Games today announced a $2 billion round of fundraising to help the firm realize its…
PayRetailers Acquires Chile’s Paygol and Colombia’s Pago Digital in Move to Unify $85 Billion LATAM E-Commerce Market. Acquisitions bolster PayRetailers’ position as the leading FinTech payment specialist across Latin America…
Hertz to purchase up to 65,000 electric vehicles from Polestar over five years. ESTERO, FLORIDA, and GOTHENBURG, SWEDEN, April 4, 2022 – Hertz (NYSE: HTZ) and Polestar, a Swedish premium…
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