Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates… Continue reading Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

Bob Arvin has joined NewRoad as a Strategic Advisor

BENTONVILLE, Ark., Aug. 24, 2023 /PRNewswire/ — NewRoad Capital Partners, a Northwest Arkansas-based growth equity firm that invests in supply chain and logistics, retail, and marketing technology companies, is pleased to announce that Bob Arvin has joined the team as a Strategic Advisor. Bob joins a growing team of NewRoad operating professionals, which includes six operating… Continue reading Bob Arvin has joined NewRoad as a Strategic Advisor

ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

Boom Supersonic Advances Flight Preparations for XB-1

Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1

Successful Global Acquisition: Global New Material International & CQV

HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV

QUANTRON reports successful first seven months with international expansion as part of its globalization strategy

Quantron AG reports cumulative order intake of 20 million Euro for the first seven months of the year Order backlog and customer approved funding requests cumulatively exceed 100 million Euro QUANTRON expands with the foundation of Quantron Italy S.r.l. and now has partners and affiliate offices in eight countries in Europe, Middle East, India & USA QUANTRON and… Continue reading QUANTRON reports successful first seven months with international expansion as part of its globalization strategy

Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia

GUANGZHOU, China, Aug. 24, 2023 /PRNewswire/ — GAC MOTOR is firing on all cylinders in the Middle East, rapidly expanding their product matrix in the region with a double release of award-winning models in Saudi Arabia. On August 16 at the Crowne Plaza RDC Riyadh, an invitational launch party celebrated the Saudi Arabia release of… Continue reading EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia

Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

5 Industrial Product Stocks to Buy on Solid July Data

Total industrial production rebounded in positive territory in July after two months of decline. Overall industrial production rose 1% in the previous month. Both manufacturing and mining output increased 0.5% while the index for utilities climbed 5.4% as very high temperatures raised demand for cooling. Within the manufacturing segment, production of motor vehicles and parts… Continue reading 5 Industrial Product Stocks to Buy on Solid July Data