Automotive sensors market size to grow by USD 8,339.77 million from 2022 to 2027|Growth driven by electrification and hybridization of vehicles – Technavio

NEW YORK, Aug. 2, 2023 /PRNewswire/ — The automotive sensors market is set to grow by USD 8,339.77 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 6.12% during the forecast period, according to Technavio. The automotive sensors market is fragmented, and the vendors are seeking strong partnerships with automotive,… Continue reading Automotive sensors market size to grow by USD 8,339.77 million from 2022 to 2027|Growth driven by electrification and hybridization of vehicles – Technavio

Cooper Standard Sells Technical Rubber Business to Holcim

NORTHVILLE, Mich., Aug. 2, 2023 /PRNewswire/ — Cooper-Standard Holdings Inc. (NYSE: CPS) today announced it has completed the sale of its Technical Rubber business to Switzerland-based Holcim. Based in Mannheim, Germany, Cooper Standard Technical Rubber (CSTR) offers versatile sheeting, compounding and flooring solutions. The sale was finalized on July 31, 2023. Terms of the sale were… Continue reading Cooper Standard Sells Technical Rubber Business to Holcim

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space DENVER, Aug. 2, 2023 /PRNewswire/ — Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving… Continue reading Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

SOP and expanded relationship with BMW Group combined with additional year-to-date commercial momentum underlines the strength of Innoviz’s LiDAR sensor and software platform TEL AVIV, Israel , Aug. 2, 2023 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided… Continue reading Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space DENVER, Aug. 2, 2023 /PRNewswire/ — Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving… Continue reading Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab

SCI Wins “Overall Analytics Solution of The Year” Award From SupplyTech Breakthrough

Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry TORONTO, Aug. 2, 2023 /PRNewswire/ – SCI, a leading Canadian 3PL provider specializing in e-commerce fulfillment and transportation management, announced today it is the recipient of the “Overall Analytics Solution of The Year” award in the annual SupplyTech Breakthrough Awards. The awards,… Continue reading SCI Wins “Overall Analytics Solution of The Year” Award From SupplyTech Breakthrough