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LS Electric partners with Naver on AI-based power, data center solutions

2025-08-01 eIndustry

The two South Korean companies plan to introduce AI agents by integrating Naver’s AI models into LS Electric’s power equipment diagnostic solution, enhancing customer convenience by enabling unski…
» Evertiq

Posted in: Uncategorized

India’s Bharat Forge to set up ring mill for aerospace applications

eIndustry

Bharat Forge has signed contracts with aircraft engine manufacturer Pratt & Whitney Canada for the supply of aerospace components.
» Evertiq

Posted in: Uncategorized

GovSat orders defence telecom satellite from Thales Alenia Space

eIndustry

Operating in X, Ka and UHF frequency bands, the satellite will provide secure and jam-resistant telecommunications services for the Luxembourg defence as well as for its partners. The satellite will b…
» Evertiq

Posted in: Uncategorized

Asylon secures $24 million to enhance automated security

eIndustry

This new capital will power Asylon’s next phase of growth—accelerating product innovation, scaling deployments, and expanding its position as the go-to provider of robotic security services across…
» Evertiq

Posted in: Uncategorized

Teramount raises $50M to advance optical connectivity solutions for AI

2025-07-31 eIndustry

Israeli company Teramount’s TeraVerse solution is a detachable, serviceable connector that links optical fibers coming from outside the rack to the silicon photonics chips inside Co-Packaged Optics …
» Evertiq

Posted in: Uncategorized

Schneider Electric to take full ownership of India unit for €5.5 billion

eIndustry

Schneider Electric will acquire the remaining 35% of Schneider Electric India Private Limited (SEIPL) from Temasek for an all-cash consideration of €5.5 billion. This transaction represents the next…
» Evertiq

Posted in: Uncategorized

European components distribution slowdown continues in 2nd quarter

eIndustry

Semiconductor distribution sales in Europe experienced a significant decline of 14%, amounting to €2.20 billion. Among the major countries, Austria faced again the steepest drop with a decrease of a…
» Evertiq

Posted in: Uncategorized

SES AI acquires ESS provider UZ Energy for $25 million

eIndustry

SES AI Corporation is a US-based developer and manufacturer of AI-enhanced Li-Metal and Li-ion batteries. Headquartered in China, UZ Energy specializes in designing and manufacturing energy storage sy…
» Evertiq

Posted in: Uncategorized

Musashi’s new India hub to focus on energy storage, e-mobility

eIndustry

Musashi will conduct research and development and prototyping activities in the Bengaluru centre, with a focus on developing next-generation energy storage systems and accelerating localisation in e-m…
» Evertiq

Posted in: Uncategorized

KISTI begins construction of South Korea’s 6th national supercomputer

eIndustry

Korea Institute of Science and Technology Information (KISTI) has signed a USD 275 million contract with HPE for construction of the supercomputer, which will support R&D in high-precision scientific …
» Evertiq

Posted in: Uncategorized

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