Industry News

    February 2025
    Eco Wave Power Commences Infrastructure Enhancements for Portugal Wave Energy Project

    Eco Wave Power Commences Infrastructure Enhancements for Portugal Wave Energy Project

    ­Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company"), a leader in onshore wave energy technology, is pleased to announce the initiation of critical infrastructure enhancements at its pioneering wave energy project in Porto, Portugal, where the Company is implementing its fi
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    Date:
    02/27/2025
    Automotive Piezoelectric Actuators Market to Hit USD 1.0 Billion by 2034

    Automotive Piezoelectric Actuators Market to Hit USD 1.0 Billion by 2034, Driven by Growing Demand for High-Precision Vehicle Systems

    ­The Global Automotive Piezoelectric Actuators Market (車載用圧電アクチュエーター市場)is driven by rising ADAS adoption, stricter emission norms, and expanding EV demand. Increasing use in fuel injection systems, active suspension, and autonomous vehicle technologies is dr
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    Date:
    02/27/2025
    Siemens Energy Entrusts PFISTERER with Turnkey Cable Systems

    Siemens Energy Entrusts PFISTERER with Turnkey Cable Systems

    ­PFISTERER, the international quality leader in electrical connection technology for energy infrastructure, is supplying turnkey cable systems for the BorWin4 and DolWin4 offshore grid connections, thus continuing its long-standing cooperation with Siemens Energy. The two platforms enable the highly efficient tr
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    Date:
    02/26/2025
    NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth

    NRG Energy, GE Vernova and Kiewit Accelerating New Generation Capacity to Support Demand Growth

    ­NRG Energy Inc. joined GE Vernova, Inc. and TIC – The Industrial Company (TIC), a subsidiary of Kiewit Corporation (Kiewit) in announcing a new venture aimed at rapidly bringing new electricity generation capacity to market in response to growing demand for computing power and generative AI (GenAI). This best-in-c
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    Date:
    02/26/2025
    4M Carbon Fiber and Carboscreen Announce AI-Powered Collaboration to Enhance Carbon Fiber Manufacturing

    Truman Bonds, CTO of 4M Carbon Fiber

    ­4M Carbon Fiber, a pioneer in advanced carbon fiber manufacturing, has executed a Letter of Intent (LOI) with Carboscreen GmbH, a leader in artificial intelligence-driven fiber monitoring systems. This strategic collaboration aims to integrate cutting-edge AI technology into 4M’s plasma oxidation manufacturing pr
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    Date:
    02/26/2025
    Danisense Expands Rapid Prototyping Capabilities with Advanced Winding Machines to Accelerate R&D Innovation

    Danisense Expands Rapid Prototyping Capabilities with Advanced Winding Machines to Accelerate R&D Innovation

    ­Danisense, the leader in high-accuracy current sense transducers for demanding applications, is enhancing its R&D capabilities with the integration of new state-of-the-art winding machines into its rapid prototyping setup. The investment is aimed at streamlining the development process for next-generation cu
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    Date:
    02/26/2025
    SMT Energy Secures US $135 Million for 320 MWH Battery in Houston

    J.J. Switzer, Co-Founder and Managing Partner of SMT Energy

    ­SMT Energy has secured funding for a 160 MW / 320 MWH battery energy storage facility in Houston, TX known as SMT Houston IV. As part of the capital stack, Macquarie Group ("Macquarie") and KeyBanc Capital Markets ("KeyBanc") were joint lead arrangers in a US$100 million project financing fac
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    Date:
    02/26/2025
    Oil & Gas Analytics Revolution: Market Poised for Explosive 24.2% CAGR Growth Through 2034

    Oil & Gas Analytics Revolution: Market Poised for Explosive 24.2% CAGR Growth Through 2034

    ­The Upstream Oil & Gas Analytics Market size will expand significantly through 2032. Increasing complexity of operations in the oil & gas sector is generating lucrative opportunities for industry growth. Analytics enables companies to identify inefficiencies, minimize downtime, optimize maintenance sc
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    Date:
    02/25/2025
    Mastercard adds Infineon to Greener Payments Partnership, Driving the Development of Sustainable Payment Cards

    SECORA™ Pay Green paves the way for more sustainable payment cards. This innovation together with Infineon’s active contribution to global CO2 reduction has been motivating Mastercard to admit Infineon to its Greener Payments Partnership (GPP) advisory council.

    ­SECORA™ Pay Green by Infineon Technologies AG paves the way for more sustainable payment cards. This innovation together with Infineon’s active contribution to global CO2 reduction has been motivating Mastercard to admit Infineon to its Greener Payments Partnership (GPP) advisory council. Mastercard an
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    Date:
    02/24/2025
    Smart Farming: Machine Learning’s Impact on Agricultural Productivity

    Smart Farming: Machine Learning’s Impact on Agricultural Productivity

    ­The machine learning for crop yield prediction market stood at USD 581 million in 2023, with a projected growth at a CAGR of 26.5% from 2024 to 2032. This expansion is driven by improvements in data quality from satellite imagery and the enhanced precision of machine learning technologies. High-resolution mu
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    Date:
    02/21/2025
    Marotta Controls Delivers 50,000th CoRe Valve to Rocket Lab

    Marotta Controls Delivers 50,000th CoRe Valve to Rocket Lab

    ­Marotta Controls, a rapidly growing aerospace and defense supplier, today announced a significant milestone with the delivery of its 50,000th CoRe® Flow Control valve to Rocket Lab, a global leader in launch services and space systems. Developed by Marotta and launched in 2018, the CoRe product line fe
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    Date:
    02/19/2025
    Movandi Collaborates with Kyocera to Advance Wireless Relay Technology, Enabling Seamless Expansion of Millimeter Wave Coverage

    Maryam Rofougaran, CEO and co-founder of Movandi

    ­Movandi, a leader in RF and millimeter wave (mmWave) technologies and software, today announced that it has collaborated with Kyocera Inc and to expand 5G mmWave network coverage and capacity by using Movandi's smart repeater technology.  Movandi's proprietary mmWave RF chipsets, phased-array antenna and
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    Date:
    02/19/2025
    Infineon Reaches Next Milestone on 200 mm Silicon Carbide Roadmap: Product-Roll out to Customers Starts

    A technical engineer in the cleanroom at Infineon Technologies in Villach, Austria, holds a 200 mm silicon carbide wafer.

    ­Infineon Technologies AG has made significant progress on its 200 mm silicon carbide (SiC) roadmap. The company will already release the first products based on the advanced 200 mm SiC technology to customers in Q1 2025. The products, manufactured in Villach, Austria, provide first-class SiC power technology fo
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    Date:
    02/19/2025
    Eurodia and Rio Tinto Partner to Redefine Lithium Extraction

    Mathieu Bailly, Président of Eurodia

    ­In the rapidly evolving lithium industry, where the global energy transition demands both speed and responsibility, Eurodia is setting new standards with precision-engineered solutions that deliver real-world impact. The French engineering firm has been selected by Rio Tinto, a global leader in mining and cr
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    Date:
    02/17/2025
    Multimodal AI Market Expands Rapidly with 32.7% CAGR Over the Next Decade

    Multimodal AI Market Expands Rapidly with 32.7% CAGR Over the Next Decade

    ­The multimodal ai market size will experience over 30% CAGR from 2024 to 2032, fueled by significant advancements in video data analysis and the growing demand for innovative AI services. The rising innovative launches by leading tech companies support market growth. For instance, in March 2024, Apple in
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    Date:
    02/17/2025
    Global Electronics and Semiconductor Materials Market to Reach USD 119.8 Billion by 2034

    Global Electronics and Semiconductor Materials Market to Reach USD 119.8 Billion by 2034

    ­According to recent market research, the global electronics and semiconductor materials market (전자 및 반도체 소재 시장) is projected to grow at a compound annual growth rate (CAGR) of over 6.1% from 2024 to 2034, reaching a valuation of US$ 119.8 Billion by th
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    Date:
    02/14/2025
    Automotive Digital Key Market to Surpass US $11.6 Billion by 2031

    Automotive Digital Key Market to Surpass US $11.6 Billion by 2031

    ­The automotive digital key market, valued at US$ 2.1 Bn in 2022, is projected to reach US$ 11.6 Bn by 2031, expanding at a CAGR of 21.0%. With growing demand for enhanced vehicle security, remote access, and seamless user experience, industry leaders are investing in cu
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    Date:
    02/12/2025
    WRI and University of Chicago Announce $100 Million Gift from Michael and Tanya Polsky to Accelerate the Global Energy Transition

    Ani Dasgupta, President & CEO of WRI

    ­World Resources Institute (WRI) and the University of Chicago announced today a combined $100 million contribution from Michael and Tanya Polsky through the Polsky Foundation to accelerate pragmatic, scalable solutions for the global energy transition and prepare the next generation of energy innovators, entrepreneurs an
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    Date:
    02/12/2025
    Security Industry Embraces Mobile Credentials, Biometrics and AI, New Trends Report From HID Finds

    Security Industry Embraces Mobile Credentials, Biometrics and AI, New Trends Report From HID Finds

    ­As organizations navigate an increasingly complex threat landscape, security leaders are making strategic shifts toward unified platforms and emerging technologies, according to the newly released 2025 State of Security and Identity Report from HID. The comprehensive study gathered responses from 1,800 pa
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    Date:
    02/11/2025
    At NASA's Jet Propulsion Laboratory, Embry‑Riddle Students Defend Space Systems From Cyberthreats

    At NASA's Jet Propulsion Laboratory, Embry‑Riddle Students Defend Space Systems From Cyberthreats

    ­Two Embry‑Riddle students have collaborated with NASA investigators on efforts to protect space operations — the next frontier in aerospace cybersecurity. Michael Boehm and Justin La Zare, who are both National Science Foundation (NSF) CyberCorp Scholarship for Service recipients, worked on
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    Date:
    02/10/2025
    AtmosZero Opens New Factory in Colorado to Deliver Decarbonized Steam Globally

    Jim Barnhart, COO, AtmosZero.

    ­AtmosZero, the company on a mission to electrify steam, has opened its first 100,000 square-foot manufacturing factory at the Forge Campus in Loveland, Colorado. This new factory is the first step to commercializing Boiler 2.0 and the company’s expansion of its manufacturing footprint to support upwards of
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    Date:
    02/10/2025
    Home Energy Management Market Expands with AI and IoT Innovations

    Home Energy Management Market Expands with AI and IoT Innovations

    ­The Home Energy Management System Market will register 8.3% CAGR from 2023 to 2032, propelled by technological advancements and the widespread adoption of smart technologies. With the advent of advanced sensors, artificial intelligence, and seamless connectivity, these systems offer users unparalleled co
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    Date:
    02/07/2025
    Scientists Invent

    A sample of the "slime" material created by Dr. Erica Pensini. The gel contains lysine, oleic acid and 90% water.

    ­University of Guelph (U of G) researchers have developed a slime-like material that produces electricity when compressed. When the team studied their prototype using the Canadian Light Source (CLS) at the University of Saskatchewan, they discovered the material has an array of potential applications.  If installed
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    Date:
    02/06/2025
    Navitas' GaN & SiC Devices Power Dell's Family of AI Notebooks

    Navitas' GaN & SiC Devices Power Dell's Family of AI Notebooks

    ­Navitas Semiconductor, the industry leader in next-generation GaNFast gallium nitride (GaN) and GeneSiC silicon carbide (SiC) power semiconductors, announced its adoption of both technologies into Dell’s family of notebook adapters, from 60 W to 360 W. Enabled by over 20 years of SiC technology leadership,
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    Date:
    02/05/2025
    onsemi Achieves Validation of Near-Term Science-Based Emissions Reduction Targets

    onsemi Achieves Validation of Near-Term Science-Based Emissions Reduction Targets

    ­The Science Based Targets initiative (SBTi) has approved onsemi’s near-term science-based emissions reduction targets. The validation of these targets attests that the planned decrease of onsemi’s greenhouse gas (GHG) emissions is aligned to the ambition of limiting global temperature rise to 1.5° Celsius. With the valid
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    Date:
    02/04/2025
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    Power Systems Design

    Power Systems Design is a leading global media platform serving the power electronics design engineering community. It delivers in-depth technical content, industry news, and product insights to engineers and decision-makers developing advanced power systems and technologies.

    Published 12× per year across North America and Europe, Power Systems Design is distributed through online and fully digital editions, complemented by eNewsletters, webinars, and multimedia content. The platform covers key areas including power conversion, semiconductors, renewable energy, automotive electrification, AI power systems, and industrial applications—supporting innovation across the global electronics industry.