Meritor, Inc., (MTOR), a Michigan-based commercial vehicle OEM and aftermarket solution provider, has recently announced receiving a grant of 15.9 million euros from the Advanced Propulsion Center’s Core Competition Program, for escalating the production of 17Xe e-powertrain structure for heavy-duty buses and t
Hiber BV, a European satellite and communications startup, has recently announced raising approximately 26 million euros in EU and private investment, in a bid to boost its IoT satellite network. The funding comes from the European Innovation Council Fund (EIC Fund), which boasts of a 278 million euros Innovation Fun
French multinational integrated oil and gas entity- Total SE is collaborating with Iraq to work on the development of four associated gas and solar power projects, in order to reduce the dependence on Iranian energy imports required to generate power.
According to a statement by t
Fortinet, one of the global leaders in broad, integrated and automated cybersecurity solutions, has recently announced its plans of investing USD 75 million in a subsidiary of Foxconn Interconnect Technology, Linksys.
The investment follows the former company’s aim of establ
The automakers jointly aim at reducing carbon emission levels and help resolve Japan’s ongoing shortage of drivers
Japanese automobile giants- Toyota, Hino, and Isuzu have reportedly announced a partnership in commercial vehicles and work together in hydroge
India’s national space agency, Indian Space Research Organization (ISRO) has made it to the headlines recently for demonstrating free-space quantum communication over a distance of 300 meters for the very first time. Reportedly, the government agency is claimed to make use of Quantum Key Distribution (QKD) tech
Spearheading its vision of expanding its business reach, LenderClose, a real estate & home equity lending tech platform, has announced attaining new capital worth $10 million in a Series B funding round. The platform has prior collated huge demand for its technology & innovative solutions, inciting it to onbo
South Korean automaker, a subsidiary of Hyundai Motor Corp., Hyundai Mobis has reportedly announced collaborating with British audio pioneer- Meridian Audio, to provide premium quality sound to the global automaker.
Reports have it that Hyundai Mobis along with Meridian have co-de
The investment will help Group14 meet the rising demand for its flagship offering and support electrification of the automobile sector
Washington-based Li-ion battery technology maker, Group14 Technologies has reportedly bagged funds worth USD 17 million from SK m