Kopin Corporation, a prominent developer of optical and electronic systems, is gearing up to present its latest advancements in miniaturised optics at a special event in New York from 16 to 18 July. The showcase, dubbed Vision System Demo Days, will focus on Kopin’s cutting-edge solutions for the medical, research, and military sectors.
Among the highlights is...
Canadian Solar Inc., through its subsidiary Recurrent Energy, has achieved a significant milestone by securing its first major solar power supply contract in the European market with GKN Automotive in Spain. This marks a pivotal expansion for Canadian Solar as it taps into the growing European renewable energy sector.
The contract encompasses a 10-year...
Tesla Inc. has received approval for its Model Y vehicles manufactured in Shanghai to be included in the new vehicle procurement batches for official use by government and public organisations in Jiangsu Province, China. This marked a significant development for Tesla, indicating strong support from the Chinese government. It comes after assurances that Tesla's...
Interdigital Inc., a prominent holder of telecom patents, has recently entered into a licensing agreement with Google . This partnership has positively influenced IDCC’s stock prices and underscores the high demand for Interdigital’s patented technologies.
Under the terms of the agreement, Google will integrate Interdigital’s technologies across various devices...
NVIDIA Corp. is poised to enter a burgeoning market as SpaceX prepares to launch a satellite equipped with NVIDIA's graphics processing unit. This venture into space computing marks a significant step for NVIDIA, potentially opening up expansive new opportunities within an industry that sees growing demand each year.
The satellite, a collaborative effort...
Eli Lilly & Co.'s new Alzheimer's disease drug, Kisunla, has received approval from the US Food and Drug Administration (FDA), marking a significant advancement in treating the disease. This approval positions Kisunla as the second drug available that can slow the progression of Alzheimer's, a condition affecting around 6 million Americans.
Kisunla's journey to...
Conduent Incorporated (NASDAQ: CNDT), a developer of business software solutions, has successfully launched a contactless payment system for Venice’s public transport network. This development places Conduent at the forefront of the expanding market for contactless payment solutions, particularly in high-traffic tourist locations.
The newly implemented system,...
Dynatrace Inc., a leading provider of enterprise IT infrastructure monitoring and performance tools, has been named the first partner of the AWS Application Migration Service partner program. This partnership is part of a significant Amazon initiative designed to streamline the process for customers looking to transition their applications to the cloud. As a...
Boeing Co. has restarted wide-body aircraft deliveries to China after a brief suspension due to inspections by Chinese regulators, marking a significant development for the US aircraft manufacturer. The resumption of deliveries is particularly crucial as Boeing has faced ongoing disruptions since 2019, primarily due to the fallout from two crashes involving the...
Nokia Corp ADR is poised to significantly enhance its capabilities in the optical equipment sector with the 2.3 billion USD acquisition of Infinera Corp. This strategic move aims to double Nokia's capacity to produce data centres integrated with artificial intelligence, positioning the company to compete more effectively with industry giants like Huawei and...
Kopin Corporation has been awarded a significant contract to develop a key component for the US Army’s new man-portable air defence system (MANPADS), known as the Next Generation-Short Range Interceptor (NGSRI). Kopin will be the principal developer for the optical unit of the sighting system, a crucial element of this advanced defence technology.
This contract...
Volkswagen AG is set to invest 5 billion USD in Rivian Automotive Inc., marking a strategic move to solidify its position in the electric vehicle (EV) market. This investment aims to optimise Volkswagen’s business processes and production efficiency by leveraging Rivian’s expertise in electric vehicle technology.
Despite being regarded as the future of the...
Agilysys Inc., a software solutions provider for the hospitality and resort industry, will showcase its artificial intelligence (AI) developments at HITEC, which will be held this week in the US. This is expected to capture the attention of potential customers and investors alike. Agilysys will showcase its AI solution, Guestsense.ai, alongside new point-of-sale...
Honeywell International Inc. has announced its acquisition of the defence electronics business of CAES for 1.9 billion USD, a strategic move aimed at securing a foothold in the rapidly growing sector of military space equipment. This acquisition excludes the division of CAES that handles satellite ground terminals but includes critical electromagnetic protection...
Mobile games and software company AppLovin Corp. has received a positive recommendation from global financial services company Macquarie. Analysts believe now may be a good time to buy AppLovin shares amid adverse investor reactions.
This was due to Apple's presentation of its AdAttributionKit program for advertising analytics. While it complies with the...
This week, Oracle Inc. introduced an important artificial intelligence (AI) innovation aimed at the most popular AI field: corporate software development. Oracle expects this product to drive profitable sales, distinguishing it from most mass-market AI services.
The introduction of the new solution, Oracle APEX AI Assistant, is set to revolutionise the way...
Software development company Guidewire Software, Inc. announced a partnership with the large American insurance company Columbia Insurance, which operates in dozens of US states. As a result, Guidewire remains one of the leading insurance software providers, able to attract valuable customers.
Under this partnership, Columbia Insurance will leverage Guidewire's...
This week, the laser systems and semiconductor technology company Coherent Inc. marked a significant milestone in laser transceiver production at its Malaysia plant. The company is one of the world's largest manufacturers of critical parts for fibre optic networks. Sales of Coherent solutions may surge amid the large-scale construction of new data centres for...
