Industry News
September 2024
Prashant Gulati, CEO of SDVerse
SDVerse, a B2B marketplace for buyers and sellers of automotive software, today announced the first-ever automotive software marketplace is now live and open to the automotive industry for use. Designed to meet the evolving needs of the automotive industry, SDVerse includes onboard and offboard software, tools, an
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Date:
09/30/2024
Mercury To Provide Upgraded Processing Power for Refueling System on U.S. Air Force’s KC-46A Tanker Fleet
Mercury Systems, Inc., a technology company that delivers mission-critical processing power to the edge, announced today that it signed a contract with Boeing to deliver FPGA processor boards that will support an upgraded refueling system on the U.S. Air Force’s KC-46A tanker aircraft fleet.
Mercury’s SCFE3920 boards are an in
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Date:
09/30/2024
IDTechEx Explores the Growing Demand for Off-Grid EV Charging
With the rapidly growing global electric vehicle (EV) market comes great demand for new charging infrastructure, including conductive charging, battery swapping, and wireless charging. Off-grid charging solutions can be implemented where grid expansion and accessibility can’t quite keep up with this growing de
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Date:
09/27/2024
Photo: Steam generator tubing (SGT)
Alleima has decided to expand its steam generator tubing (SGT) facilities in Sandviken, Sweden. The ambition of the investment is to meet the growing global demand in the Nuclear segment. The factory will be fully open during 2027 and create approximately 90 additional employments.
The expansion, whi
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Date:
09/27/2024
Canatu CEO Juha Kokkonen
Canatu Drives Strong Momentum by Delivering Its First S-100 Reactor to Global Semiconductor Customer
Canatu, a deep technology company creating advanced carbon nanotubes (Canatu CNTs), related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries, announces a significant milestone with the delivery of its first S-100 reactor for a major global semiconductor cu
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Date:
09/27/2024
Doug Buresh, President and CEO of KYMEA
Technology group Wärtsilä will supply the engineering and equipment for a new power plant project to be installed in Madisonville, Kentucky, USA. The order has been placed by Kentucky Municipal Energy Agency (KYMEA) and was booked by Wärtsilä in Q3, 2024. When commissioned, the plant will provide the grid ba
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Date:
09/27/2024
Michael Walsh, CEO at Green Cubes Technology
Green Cubes Technology (Green Cubes), the leader in producing Lithium-ion (Li-ion) power systems that facilitate the transition from lead-acid batteries and Internal Combustion Engine (ICE) power to green Li-ion battery power, is proud to announce the launch of its Lithium SAFEFlex PLUS batteries based on UL
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Date:
09/27/2024
Brattle White Paper Analyzes the Pros and Cons of Utility Ownership of New Energy Renewables in New York State
In a new white paper prepared for Con Edison, experts from The Brattle Group explore the role a utility ownership model could play in accelerating New York's renewable energy development and discuss the potential impacts on electric customers. The authors find that supplementing the private ownership model cur
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Date:
09/24/2024
The Neumonda Rhinoe Testboard consists of 6 individual tiles with an FBGA and a Raspberry Pi on one side and up to 32 sockets or alternatively 4 memory module slots for DRAMs on the other side.
Qualification and testing of semiconductor components is one of the most expensive and complicated parts in the manufacturing process of memory ICs. Due to the size, complexity and costs of the equipment, only few companies can afford to implement test capabilities. And those who do, need to test high volumes to
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Date:
09/23/2024
Oil and Gas Industry Slows Energy Transition as Focus Shifts Back to Fossil Fuels, says GlobalData
The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit. This will likely continue in 2024, bu
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Date:
09/23/2024
Global Li-ion Battery Storage Annual Installations by Chemistry Split (%). Source: IDTechEx
Li-ion batteries remain the dominant electrochemical energy storage technology in the global market. As written in their new market report, IDTechEx estimates that in 2023 alone, 92.3 GWh of Li-ion BESS (battery energy storage system) was deployed globally across market sectors, including grid-scale, commercial an
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Date:
09/23/2024
Klas Gustafsson, Bluepurpose Portfolio Manager
As the world grapples with climate change and the need for sustainable energy solutions, thermal energy represents a beacon of hope. Demonstrating the viability and effectiveness of this green technology for impact-driven green investment firms like BluePurpose, a sustainable impact investment company ow
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Date:
09/19/2024
Illustration of some battery components in which PFAS substances may be used. Source: IDTechEx
Sustainability is a growing concern for OEMs of both consumer-facing and industry-facing products. Incumbent energy storage solutions have come under fire due to unsustainable extraction, manufacturing, and disposal. IDTechEx has seen increasing interest in sustainable alternatives to traditional lithium-ion an
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Date:
09/19/2024
Nuvera Fuel Cells Delivers First Hydrogen-Powered Mobile Generator for Customer Site Demonstration
Nuvera Fuel Cells, LLC, an established leader in the development of high-performance, zero-emission fuel cell products, will demonstrate its first operational HydroCharge™ unit, a hydrogen-powered AC Genset and DC fast charger for on-site power and EV charging. The prototype unit, developed in collaboration wi
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Date:
09/19/2024
Digital-holographic 3D measurement technology: The Fraunhofer Institute for Physical Measurement Techniques IPM has developed a version of the HoloAMS optical 3D measurement stand for the automated execution of customer-specific measurement tasks in production control
In contrast to photography, in which the spatial distribution of light intensity is stored, holography also uses the recording of phase information. The prerequisite for this is a coherent light source – typically one or more lasers. If the surface of a component is illuminated with laser light, the shape of
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Date:
09/19/2024
Advanced Energy Opens Design and Service Center in the Greater Boston Area
Advanced Energy – a global leader in highly engineered, precision power conversion, measurement and control solutions – has announced the opening of a new design and service center in Wilmington, MA. The state-of-the art facility will focus on the development of advanced power technologies for semiconductor, in
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Date:
09/19/2024
Omdia Reports Record Semiconductor Revenue in 2Q24, Despite Market Weakness
Omdia reports that total semiconductor revenue reached a record high of $162.1 billion in 2Q24 , marking a 6.7% quarterly growth . This figure surpasses the previous record set in 4Q21 by approximately $500m. The record growth was largely driven by NVIDIA, the industry’s top revenue generator, wh
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Date:
09/18/2024
Augmenta co–founder and CEO, Francesco Iorio
Augmenta, the leading AI platform for the built environment, announced a partnership with ENG, a global leader in Building Information Modeling (BIM), to provide automated electrical design modeling solutions for the construction industry. The collaboration represents a significant leap forward offering un
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Date:
09/18/2024
Todd Oelerich, Director of Sales and Business Development at Quantic Evans
Richardson Electronics, Ltd. announced a global distribution agreement with Quantic® Electronics ("Quantic"), a portfolio company of Arcline Investment Management. This strategic partnership encompasses Quantic's premier US-based capacitor businesses: Quantic™ Evans, Quantic™ Eulex, Quantic™ Pak
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Date:
09/17/2024
Brian Melka, Rehlko chief executive officer
Kohler Energy officially rebranded under its new corporate name Rehlko (pronounced REL-co), marking a major milestone in the company’s 100 -plus-year history delivering innovative, resilient energy solutions that provide independence, agility, and security to mission-critical infrastructure, facilities and re
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Date:
09/17/2024
Marotta Controls Celebrates U.S. Navy Commissioning of 23rd Virginia-class Submarine – the USS NEW JERSEY
Marotta Controls, a rapidly growing aerospace and defense supplier, celebrated the commissioning of the USS New Jersey (SSN 796), the U.S. Navy’s 23rdVirginia-class attack submarine and namesake of the Garden State where Marotta is headquartered. The USS NEW JERSEY is the third naval vessel named after the st
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Date:
09/17/2024
LDRA Joins The Open Group SOSA Consortium
LDRA announced it has joined The Open Group Sensor Open Systems Architecture (SOSA™) Consortium, a vendor- and platform-agnostic forum for industry and government to collaboratively develop open standards and best practices. As a leading provider of automated software verification, source code an
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Date:
09/17/2024
XP Power Unveils Silicon Valley Design and Innovation Centre
XP Power has opened the Silicon Valley Innovation Centre (SVIC) as its new North America Headquarters at 455 E. Trimble Road, San Jose, CA. This 85,000-square-foot state-of-the-art facility embodies a commitment to excellence, speed, and customer-centric innovation, integrating research and te
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Date:
09/17/2024
Infyos Finds 75% of the World's Battery Supply Chain at Risk of Violating US and EU Laws on Forced Labour
Lithium-ion batteries are at the heart of the transition from fossil fuels, but fundamental supply chain changes are needed to eliminate widespread forced labour and child labour abuses.
Research by AI supply chain risk platform Infyos has identified that companies accounting for 75% of the global battery market have connections to one or more companies in the supply chain facing allegations of severe human rights abuses. Most major battery manufacturers and end batteries applications are exposed including many of the world’s largest automotive, energy storage and electronics brands.
This new industry data is compiled from evidence on Infyos’ AI supply chain risk platform using thousands of government datasets, NGO reports, news articles and soci
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Date:
09/16/2024
The active wave compensation trestle equipped on the two wind power operation and maintenance motherships, Asia’s first wind power SOVs delivered, jointly developed by Shanghai Electric and Shanghai Zhenhua Heavy Industries has broken through a technical bottleneck.
Shanghai Electric subsidiary, Shanghai Electric Wind Power Group, took delivery of Asia's first offshore wind power service and operation vessels (SOVs), Zhizhen 100 and Zhicheng 60, recently in Qidong, Jiangsu province. Built by Zhenhua Heavy Industries, the motherships can carry out
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Date:
09/13/2024
The price of magnets and copper in EV motors have been susceptible to significant volatility, but magnet free designs are more stable. Source: IDTechEx
The electric vehicle (EV) market continues to grow; however, its growth has slowed significantly in Europe and the US in the first half of 2024. A key route to reinvigorating growth will be the release of models in a more affordable price range. To this end, there are many avenues to reduce the cost of an EV
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Date:
09/13/2024
Nautilus Solar Energy and Maine Mariners Team Up for the 2024/25 Season
Nautilus Solar Energy, a leading provider of community solar solutions, and the Maine Mariners, the ECHL affiliate of the Boston Bruins, are proud to announce their partnership for the 2024-2025 season. This unique collaboration not only marks a significant step in the commitment of Nautilus to the local community bu
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Date:
09/13/2024
Hospital Lights Market Size to Hit USD 14.7 billion by 2034, at a 5.8% CAGR
The global hospital lights market (병원 조명 시장) is estimated to flourish at a CAGR of 5.8% from 2024 to 2034. Transparency Market Research projects that the overall sales revenue for hospital lights is estimated to reach US$ 14.7 billion by the end of 2034.
A key drive
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Date:
09/13/2024
Saudi Hospital Succeeds in Performing the World's First Complete Robotic Heart Transplant
King Faisal Specialist Hospital and Research Center (KFSHRC) has achieved a world-first medical feat by successfully performing the first complete robotic heart transplant on a 16-year-old suffering from stage four heart failure. Overcoming numerous medical challenges and complexities associated with this ty
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Date:
09/12/2024
Complete Flying VS—9 Revealed: World's First Premium Tourism Electric Hydrofoil set to Redefine the Passenger Experience
Vessev, a global leader in sustainable marine technology, has today showcased its VS—9 electric hydrofoil, complete with cabin and interior, for the first time as it enters the final phase of sea trials ahead of commercial certification. Production of VS—9s has already began with the first vessel to enter th
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Date:
09/11/2024
Silicon Anode Battery Market Surges to USD 568.76 Billion by 2031, Propelled by 29.45% CAGR
The Global Silicon Anode Battery Market Size is projected to grow at a CAGR of 29.45% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 72.13 Billion in 2023 and is expected to reach USD 56
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Date:
09/10/2024
Matt McKenzie, CEO of Same Sky
CUI Devices is now Same Sky! The electronic components manufacturer today announced an exciting new chapter in its history with the launch of its new company name. Same Sky will remain the same trusted partner for electronic components dedicated to nurturing the spirit of innovation with a heavy dose of humanity, bu
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Date:
09/10/2024
Rapid Growth in Renewable Natural Gas, Which Could Significantly Cut Methane Emissions
The sustainable energy NGO Energy Vision (EV) today released its annual assessment of the US renewable natural gas (RNG) industry, conducted in collaboration with the US Department of Energy’s Argonne National Laboratory. It shows rapid growth in projects producing RNG last year, and a potential pathway to deep methane emissions cuts at a time when the latest Global Methane Budget shows emissions rising rapidly.
The new EV/ANL assessment tracks RNG production facilities where part or all of the output is used as transportation fuel. RNG is the lowest-carbon transportation fuel availabl
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Date:
09/10/2024
EY Mobility Consumer Index Research Shows US Consumers Less Likely to Purchase an EV Than Last Year and Compared to Global Counterparts
The fifth iteration of the EY Mobility Consumer Index (MCI), a global survey of almost 20,000 consumers from 28 countries, found that despite record US consumer interest in electric vehicles (EVs) in 2023, only 34% of US consumers intend to purchase an EV as their next car in 2024. This marks a 14 point de
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Date:
09/09/2024
Lead Intelligent Equipment Joins the Volta Foundation: A New Era of Collaboration in Battery Innovation
Lead Intelligent Equipment (LEAD Intelligent) is thrilled to announce its membership in the prestigious Volta Foundation, the world’s largest network of battery professionals. This strategic move marks a significant milestone in LEAD Intelligent’s commitment to advancing battery technology and fostering in
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Date:
09/06/2024
Graeme Purdy, Ilika CEO
Ilika, an independent global expert in solid state battery technology, announces that safety tests undertaken by independent expert assessors have demonstrated the superior safety of Goliath solid state cell battery prototypes relative to lithium-ion equivalent batteries.
University College L
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Date:
09/06/2024
ROHM and UAES Sign a Long-Term Supply Agreement for SiC Power Devices
ROHM Semiconductor and United Automotive Electronic Systems Co., Ltd. (UAES), a leading Tier 1 automotive supplier in China, today announced they have entered into a long-term supply agreement for SiC power devices.
Since 2015, ROHM and UAES have been collaborating and conducting detailed technical
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Date:
09/06/2024
Measuring only 31x16x8 mm, hybrid ToF camera requires much less space for improved mapping and obstacle avoidance functionality.
Roborock, a global leader in intelligent home robotics, has launched the intelligent sweeping and mopping all-in-one robot Roborock Qrevo Slim at IFA 2024 in Berlin, equipped with an innovative 3D camera module for navigation and obstacle avoidance using the REAL3™ Time-of-Flight (ToF) imager by Infineon Te
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Date:
09/05/2024
Jeff Thompson, Red Cat CEO.
Red Cat Holdings, Inc., a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the closing of its acquisition of FlightWave Aerospace Systems Corporation (“FlightWave”), an industry-leading provider of VTOL drone, se
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Date:
09/05/2024
Moldova Sets Ambitious Targets for Renewable Energy Transition
The Republic of Moldova has unveiled an ambitious plan to boost renewable energy production by offering a comprehensive set of investment incentives aimed at attracting foreign investors. Key measures include priority access to connection approvals for auction winners, long-term fixed-rate contracts fo
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Date:
09/05/2024
MOL Started Production in the Largest Capacity Green Hydrogen Plant of the Region
At the Százhalombatta refinery of MOL, a 10 megawatt capacity green hydrogen plant, the largest in Central and Eastern Europe has started producing. The facility produces 1,600 tonnes of clean, carbon-neutral green hydrogen per year which is used for fuel production reducing the Danube Refinery's carbon dioxide emi
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Date:
09/04/2024
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Panu Pasanen, Founder and CEO of One Click LCA
AECOM, the world’s trusted infrastructure consulting firm, has entered into a multi-year global agreement with One Click LCA, the leading end-to-end sustainability platform for the built environment. The collaboration enhances AECOM’s ScopeX approach to deliver a 50% carbon reduction on major cl
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Date:
09/03/2024
Liz Burdock, CEO of Oceantic Network
Oceantic Network celebrates last week’s announcement by the Bureau of Ocean Energy Management (BOEM) of an offshore wind lease sale off the Oregon Coast. BOEM issued the Final Sale Notice (FSN) for an October 15 auction that encompasses nearly 200,000 acres, enough space to construct 3.1 GW of of
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Date:
09/03/2024
Arizona Governor Katie Hobbs
Governor Katie Hobbs’ Office of Resiliency, in collaboration with nonprofit organizations and emergency assistance providers across Arizona, launched a first-in-the-nation initiative to support households suffering from heat-related emergencies due to loss of air conditioning and cooling equipment. This al
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Date:
09/03/2024
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