Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems.   Continue Reading Lockheed Martin T-50 Initial… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform

‘Hyundai Motor Way’ Sets Course for Accelerated Electrification and Future Mobility Goals at 2023 CEO Investor Day

Hyundai Motor shares mid- to long-term business and financial plans based on ‘Hyundai Motor Way’ strategy Hyundai Motor to boost its annual EV sales goal to 2 million units by 2030 Company to accelerate its transition toward becoming a smart mobility solution provider by investing KRW 109.4 trillion over the next 10 years — KRW 35.8 trillion… Continue reading ‘Hyundai Motor Way’ Sets Course for Accelerated Electrification and Future Mobility Goals at 2023 CEO Investor Day

Australia taps global partners in landmark critical minerals strategy

Supplier of nearly half of the world’s lithium, Australia is a significant producer of rare earths, cobalt, copper, graphite, manganese and other minerals key to the global energy transition. Australia, one of the world’s biggest suppliers of raw minerals, unfurled a landmark strategy on Tuesday that outlines how it will work with investors and international… Continue reading Australia taps global partners in landmark critical minerals strategy

Europe in danger of losing EV battery race – Court of Auditors

The report warned that the European Union may fail to meet climate goals as those efforts rely heavily on the uptake of electric vehicles run on batteries made up of a cocktail of metals ranging from cobalt to nickel and lithium. Europe is in danger of losing the race to become a global battery powerhouse… Continue reading Europe in danger of losing EV battery race – Court of Auditors

Avalon Completes Purchase of Industrial Site in Thunder Bay as Key Next Step in Becoming Ontario’s First Vertically Integrated Lithium Producer

TORONTO, June 19, 2023 /PRNewswire/ – As part of its strategic transformation to become a vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX: AVL) and (OTCQB: AVLNF) (“Avalon” or the “Company”) is pleased to announce the successful acquisition of an industrial… Go to Source

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

E-Space Opens New European Headquarters in Toulouse, France

New Headquarters Coupled with a Newly Unveiled French Board of Directors Strategically Positions E-Space for Long-Term Success in the Trillion Dollar Internet of Things (IoT) Market TOULOUSE, France, June 20, 2023 /PRNewswire/ — After raising USD$90 million since inception, E-Space, the company bridging Earth and space to enable hyper-scaled deployments of IoT solutions and services, today… Continue reading E-Space Opens New European Headquarters in Toulouse, France

Singapore Manufacturing Facility Producing Critical Pratt & Whitney GTF™ Engine Components Achieves Full Operational Capability

PARIS, June 20, 2023 /PRNewswire/ — PARIS AIR SHOW — Pratt & Whitney, an RTX (NYSE: RTX) business, today announced its Singapore manufacturing facility, which produces critical components for Pratt & Whitney’s GTF™ engine family, has achieved full operational capability. Continue Reading Pratt & Whitney’s Singapore manufacturing facility, which produces critical components for Pratt &… Continue reading Singapore Manufacturing Facility Producing Critical Pratt & Whitney GTF™ Engine Components Achieves Full Operational Capability

Exclusive: Tata Motors restructures truck and bus business unit to enhance agility and future-readiness

In a bid to make its truck and bus business more agile and future-ready, Tata Motors, India’s largest commercial vehicle maker, has restructured the organisation creating new lines of business to empower each business line with a sharper focus and greater accountability. The new development comes amidst an intense effort by the company to reduce… Continue reading Exclusive: Tata Motors restructures truck and bus business unit to enhance agility and future-readiness