Category: Industry
Boeing Faces Extended Production Delays Following Strike
Boeing is warning that it will take several weeks to fully resume production of its passenger aircraft after the conclusion…
Volkswagen Partners with Rivian in $5.8B EV Technology Deal
Volkswagen Group has announced a $5.8 billion strategic partnership with Rivian to integrate cutting-edge electric vehicle…
Applied Materials Appoints Florent Ducrot to Lead European Operations Amid Growing Semiconductor Demand
Applied Materials has appointed Florent Ducrot as the new Head of European Operations to lead growth in…
Boeing Secures $35 Billion Amid Labor Strike and Production Delays
Boeing has secured up to $35 billion in funding to stabilize its financial position as it deals with labor disruptions…
Umicore Delays Ontario Battery Materials Plant and Implements Workforce Adjustments
Umicore has delayed the construction of its battery materials plant in Loyalist, Ontario, as part of a…
Westinghouse and Hyundai to Develop AP1000 Reactors at Bulgaria’s Kozloduy Nuclear Plant
Westinghouse Electric Company and Hyundai Engineering & Construction have signed an engineering services contract to develop two…
Dongfang Electric Launches World’s Largest Offshore Wind Turbine
China’s Dongfang Electric Corporation (DEC) has unveiled the world’s most powerful offshore wind turbine, a 26MW giant that…
nLIGHT Launches AFX-2000 Laser to Revolutionize Metal Additive Manufacturing Speed
nLIGHT has unveiled the Corona AFX-2000 laser, designed to significantly enhance productivity in metal additive manufacturing…
Ursa Major Partners with America Makes for Copper Additive Manufacturing in Hypersonic Flight
Ursa Major has secured a $5 million contract with America Makes to further develop and qualify its copper…
Freeform Secures $14M Investment from NVIDIA NVentures and AE Ventures to Enhance AI-Driven Metal 3D Printing
Freeform has raised $14 million in new funding from NVIDIA’s NVentures and AE Ventures, aiming to expand its AI-powered…
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