Phase Four Announces AFWERX Tactical Funding Increase (TACFI) Award

Phase Four to develop critical technology for propellant-agnostic electric propulsion. HAWTHORNE, Calif., July 10, 2023 /PRNewswire/ — Phase Four announces it has been selected by AFWERX for a Tactical Funding Increase (TACFI) contract in the amount of $4.26M focused on developing a Propellant Decomposition Chamber for propellant-agnostic electric propulsion to address the most pressing challenges in… Continue reading Phase Four Announces AFWERX Tactical Funding Increase (TACFI) Award

Echo Global Logistics Voted #1 3PL in Inbound Logistics’ Top 10 3PL Excellence Awards for Seventh Year in a Row

Echo has maintained or improved its rank within the top 10 for 13 years running  CHICAGO, July 10, 2023 /PRNewswire/ — Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services, has been voted the #1 third-party logistics provider (3PL) by Inbound Logistics’ 2023 Top 10 3PL Excellence Awards… Continue reading Echo Global Logistics Voted #1 3PL in Inbound Logistics’ Top 10 3PL Excellence Awards for Seventh Year in a Row

Cold storage solutions provider Qianhai Yueshi bags $85m ahead of IPO

Yue Shi SCF, which offers AI-powered solutions for the management of cold storage supply chains, has secured 620 million yuan ($85.8 million) in a Series B financing round led by COFCO Capital (HK), an investment arm of the Chinese food manufacturer COFCO Group. Local investors including Shenzhen High-Tech Investment Group, QF Capital, VenturesLab, Goldport Capital,… Continue reading Cold storage solutions provider Qianhai Yueshi bags $85m ahead of IPO

Indian real estate PE investments continue to slide amid soaring interest rates

Private equity investments in India’s real estate sector dipped 5% in the April-June quarter, reflecting a widespread industry slump resulting from the ongoing high-interest rate environment and global uncertainties. According to real estate consultant ANAROCK, the sector recorded private equity investments worth $1.9 billion in Q1 2023, a tad lower than $2 billion in the year-ago… Continue reading Indian real estate PE investments continue to slide amid soaring interest rates

MUCAR: A New Force of Game-changer in the Automotive Diagnostic Industry

ONTARIO, Calif, July 7, 2023 /PRNewswire/ — MUCAR is a new brand in the automotive diagnostic industry, with a focus on providing high-quality and affordable diagnostic tools for individual car owner users. Recently, with a lively UI interface design, quick operation guide, and years of experience, MUCAR’s products are breaking the traditional pricing model and… Continue reading MUCAR: A New Force of Game-changer in the Automotive Diagnostic Industry

Jiangsu province explores green, low-carbon production, lifestyles

BEIJING, July 7, 2023 /PRNewswire/ — A report from People’s Daily: Jiangsu province in east China has made ceaseless efforts to foster green production and promote green lifestyles over recent years, integrating a green philosophy into everything from architectures to transportation, and to production. By the Yangtze River in the Jiangbei New Area of Nanjing, capital… Continue reading Jiangsu province explores green, low-carbon production, lifestyles

Second Front Systems’ Game Warden Platform Selected by AFWERX Prime

WASHINGTON, July 10, 2023 /PRNewswire/ — AFWERX Prime, has awarded a contract to Second Front Systems® for their Game Warden® platform to support the development, integration, and deployment of software solutions for autonomous and disconnected operations. AFWERX Prime will work to accelerate the U.S. Air Force’s capabilities across autonomous systems in areas such as communications,… Continue reading Second Front Systems’ Game Warden Platform Selected by AFWERX Prime

Global Flying Cars Market Set to Reach USD 17.84 Bn By 2030 | Dataintelo

PUNE, India, July 10, 2023 /PRNewswire/ — According to a market study published by Dataintelo, titled, “Global Flying Cars Market By Type, By Application, By Components, By System, By Technology, By End User, and Region: Size, Share, Trends and Opportunity Analysis, 2022-2030,” the market size was USD 1.9 Bn in 2020 and is anticipated to… Continue reading Global Flying Cars Market Set to Reach USD 17.84 Bn By 2030 | Dataintelo

Legrand Launches Level 2 EV Charger for the Home

Designed for safety, charging speed and efficiency, the Plug-In Level 2 Charger provides an easy, compact option for EV owners looking to charge quickly at home – indoors or out. WEST HARTFORD, Conn., July 10, 2023 /PRNewswire/ — Legrand®, a longstanding leader in the innovation and manufacture of electrical wiring devices, has announced the launch of their… Continue reading Legrand Launches Level 2 EV Charger for the Home

Arrive Raises Another $1.3 Million to Support Distribution of Its Smart Mailboxes Designed for Autonomous Delivery

INDIANAPOLIS, July 10, 2023 /PRNewswire/ — Arrive, the smart mailbox company formerly known as Dronedek, today announced that it raised more than $1.3 million from 428 investors, most of them new to the Indianapolis-based innovator. The funding round closed Friday, July 7. It’s the second time Arrive has eclipsed $1 million in crowdfunding efforts. The company… Continue reading Arrive Raises Another $1.3 Million to Support Distribution of Its Smart Mailboxes Designed for Autonomous Delivery