Venti raises $29M to design autonomous vehicles for industrial and logistics hubs

We are still likely many years away from wide-scale deployment, let alone adoption, of fully autonomous vehicles on our streets, but in the meantime, autonomous vehicle companies focusing on closed-campus environments continue to raise funding and make headway in building self-driving on a smaller scale. In the latest, a startup called Venti Technologies has raised… Continue reading Venti raises $29M to design autonomous vehicles for industrial and logistics hubs

Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 28, 2023 /PRNewswire/ — The global Logistics Automation Market size is projected to grow from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period, according to a new report by MarketsandMarkets™. The logistics industry is benefiting from advances in… Continue reading Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

Alps Alpine and Tata Elxsi announce a strategic long-term agreement for growing vehicle software development sectors

To specialize in advanced technologies for Connected, Autonomous, Shared, and Electric (C.A.S.E) TOKYO and THIRUVANANTHAPURAM, India, March 28, 2023 /PRNewswire/ — Tata Elxsi, a global leader in design and technology services, has been chosen by Alps Alpine, the leading Japanese manufacturer of electrical components and in-vehicle information systems, to establish a Global Engineering Center (GEC)… Continue reading Alps Alpine and Tata Elxsi announce a strategic long-term agreement for growing vehicle software development sectors

Armis Achieves U.S. Department of Defense Impact Level 4 Authorization

WASHINGTON, March 27, 2023 /PRNewswire/ — Armis, the leading asset visibility and security company, today announced that it has achieved U.S. DoD Defense Information Systems Agency (DISA) authorization to operate (ATO) at Impact Level 4 (IL4). This authorization signifies that Armis has met the DoD’s strict requirements for the government’s sensitive Controlled Unclassified Information (CUI).… Continue reading Armis Achieves U.S. Department of Defense Impact Level 4 Authorization

Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 28, 2023 /PRNewswire/ — The global Logistics Automation Market size is projected to grow from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period, according to a new report by MarketsandMarkets™. The logistics industry is benefiting from advances in… Continue reading Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 28, 2023 /PRNewswire/ — The global Logistics Automation Market size is projected to grow from USD 32.7 billion in 2023 to USD 51.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period, according to a new report by MarketsandMarkets™. The logistics industry is benefiting from advances in… Continue reading Logistics Automation Market worth $51.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

LG Corp, UOB Venture Management back self-driving startup Venti’s $28.8m fundingVenti has been developing its self-driving for vehicles for the last t…

Self-driving startup Venti Technologies said on Tuesday it has raised $28.8 million in Series A funding to speed up the growth of its autonomous vehicle (AV) business for customers in the logistics and supply chain industry. Investors in the funding round included LG Technology Ventures, the venture capital arm of LG Corp unit LG Group,… Continue reading LG Corp, UOB Venture Management back self-driving startup Venti’s $28.8m fundingVenti has been developing its self-driving for vehicles for the last t…

Perforce’s Automotive Software Development Survey Reveals Software Has Become Central to Automotive Development Amid Tough Market Challenges

Survey of 400 automotive development professionals finds fulfilling every ISO 26262 requirement to be the top safety concern; security and the global economy were also top of mind. MINNEAPOLIS, March 28, 2023 /PRNewswire/ — Perforce Software, a provider of solutions for enterprise teams requiring productivity and visibility at scale within the SDLC, released the results… Continue reading Perforce’s Automotive Software Development Survey Reveals Software Has Become Central to Automotive Development Amid Tough Market Challenges

Valeo is the leading French patent applicant at the European Patent Office

Valeo is the number one French patent filer at the European Patent Office with 588 patent applications filed in 2022. The Group is ranked 31st in the ranking of global applicants at the European Patent Office. The 10 places gained in this year’s ranking illustrate the acceleration of innovation within the Group in order to respond to… Continue reading Valeo is the leading French patent applicant at the European Patent Office

May Mobility and Stantec partner to deliver turnkey AV microtransit solutions

The collaboration will leverage Stantec’s community relationships and May Mobility’s autonomous vehicle fleet for optimized microtransit deployments ANN ARBOR, Mich., March 28, 2023 /PRNewswire/ — May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, and  Stantec, a global leader in sustainable design and engineering, announced today a partnership to create innovative… Continue reading May Mobility and Stantec partner to deliver turnkey AV microtransit solutions