MECCA, Saudi Arabia, June 19, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims
Tag: Strategy
Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly
Major aerospace supplier will scale its rate-enabling manufacturing processes for Advanced Air Mobility industry PARIS, June 19, 2023 /PRNewswire/ — Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements… Continue reading Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly
BorgWarner to acquire Eldor Corporation’s electric hybrid systems business unit
Updated On Jun 19, 2023 at 09:28 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Headquartered in Italy, Eldor’s EHS segment includes on-board chargers (OBCs), DC/DC converters, and integrated high voltage boxes, all of which are expected to complement BorgWarner’s existing product portfolio. Auburn Hills, Michigan (USA) / India: BorgWarner Inc.… Continue reading BorgWarner to acquire Eldor Corporation’s electric hybrid systems business unit
Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films
Clermont-Ferrand, June 19, 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films Creating a leader in high-tech engineered fabrics and films, increasing by c. 20% the revenue of Michelin’s High-Tech Materials businesses. An important step to develop Michelin beyond mobility… Continue reading Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films
Michelin announces the acquisition of Flex Composite Group
Michelin announces the acquisition of Flex Composite Group Creating a leader in high-tech engineered fabrics and films, increasing by c. 20% the revenue of Michelin’s High-Tech Materials businesses. An important step to develop Michelin beyond mobility and position it as a key player in polymer composite solutions, in line with Michelin in Motion 2030 strategy.… Continue reading Michelin announces the acquisition of Flex Composite Group
@Groupe PSA: PR Stellantis, Archer Move Partnership from ‘Concept Phase’ to ‘Execution Phase’005860
Rendering of world’s first high-volume eVTOL aircraft manufacturing facility located in Covington, Georgia “The Stellantis and Archer teams are moving full speed ahead in execution mode to ensure we meet our goal of bringing scalable manufacturing of Archer’s aircraft online in mid-2024,” said Stellantis CEO Carlos Tavares. “We believe this unique partnership is setting the… Continue reading @Groupe PSA: PR Stellantis, Archer Move Partnership from ‘Concept Phase’ to ‘Execution Phase’005860
Global Miniaturized Satellite Market Anticipated to Garner $15,958.6 Million, Growing at a 17.1% CAGR in the 2022-2031 Timeframe [260-Pages] | Commended by Research Dive
The global miniaturized satellite market is expected to grow primarily due to the increase in the need for high-resolution imaging services worldwide. Satellite communication sub-segment is expected to flourish immensely. The market in the North America region is predicted to grow at a high CAGR by 2031 NEW YORK, June 15, 2023 /PRNewswire/ — Global Miniaturized… Continue reading Global Miniaturized Satellite Market Anticipated to Garner $15,958.6 Million, Growing at a 17.1% CAGR in the 2022-2031 Timeframe [260-Pages] | Commended by Research Dive
Global Bearings Market Analysis Report 2023-2028: Growing Demand Across Multiple Industries / Digitalization & Smart Technologies Embedded in Bearings Gaining Momentum
DUBLIN, June 19, 2023 /PRNewswire/ — The “Global Bearings Market: Analysis By Type, By Application, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering. The global bearings market in 2022 was valued at US$114.21 billion and is expected to reach US$165.10 billion by 2028.… Continue reading Global Bearings Market Analysis Report 2023-2028: Growing Demand Across Multiple Industries / Digitalization & Smart Technologies Embedded in Bearings Gaining Momentum
Kongsberg Automotive enters a non-binding agreement to acquire 20% of Chassis Autonomy
Zurich, June 19, 2023: Kongsberg Automotive AS (KA) has entered into a non-binding agreement with Chassis Autonomy SBA AB, to acquire a 20% equity stake in the company combined with call options to acquire up to 100% of the shares (proposed transaction). Chassis Autonomy specializes in software design and hardware development in steer-by-wire and brake-by-wire… Continue reading Kongsberg Automotive enters a non-binding agreement to acquire 20% of Chassis Autonomy
Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films
Clermont-Ferrand, June 19, 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films Creating a leader in high-tech engineered fabrics and films, increasing by c. 20% the revenue of Michelin’s High-Tech Materials businesses. An important step to develop Michelin beyond mobility… Continue reading Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films