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On the first day of the 2025 Paris Air Show, the UK government announced a £ 250 million investment to support sustainable aerospace programs, with £ 48.5 million earmarked for funding additive manufacturing projects led by Airbus and GKN Aerospace. Among them, £ 10.5 million will be injected into the GKN Integrated System Level Aerospace Structure Assembly (ISLAA) program, with the aim of utilizi...
Recently, in Hanover, Maryland, telecommunications company Ciena reached an agreement with Nubis Communications to acquire it for $270 million. Nubis Communications focuses on high-performance, ultra compact, and low-power optoelectronic interconnect products designed to support artificial intelligence (AI) workloads. This transaction will expand Ciena's product portfolio and enhance its ability t...
Recently, Bitsensing, a leading provider of advanced radar solutions in South Korea, announced the successful completion of Series B financing, with a financing amount of up to $25 million (approximately RMB 181.6 million).This major investment is led by a series of well-known venture capital firms and strategic investors, which not only demonstrates Bitsensing's leading position in the radar tech...
STMicroelectronics (ST), a developer of semiconductor technologies and Metalenz, which creates metasurface optics, have announced a new license agreement.The companies intend to broaden ST’s capability to use Metalenz IP to produce advanced metasurface optics based on ST’s manufacturing platform combining 300mm semiconductor and optics production, test and qualification. (Any) fiancial details of ...
Earlier this month, GeoCue, a liDAR mapping hardware and software provider, announced the launch of three new products for its TrueView 3D imaging system. These new systems combine laser scanning and high-resolution imaging, including the TV625, TV680 and TV680LR. All three systems are NDAA-compliant.All three systems are designed to be used in conjunction with drones, and the company note...