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BT

Amazon Web Services to open data centres in UAE by 2022

The American based company Amazon web services to open data centres in United Arab Emirates ( UAE ) in the first half of 2022. The Middle East ( UAE ) Amazon Web Services will consist of three availability zones and will become AWSs second region in the UAE after Bahrain. With 25 geographic regions AWS […]

Shyam Dev2 min read
Firefly Aerospace

Firefly Aerospace chooses SpaceX to launch its Blue Ghost lunar lander

The American based aerospace firm, Firefly Aerospace has announced that it picks SpaceX to launch its Blue Ghost lunar lander in 2023. The Senior Vice President of Spacecraft at Firefly Aerospace Shea Ferring, said: “Firefly is excited to fly our Blue Ghost spacecraft on the highly reliable Falcon 9, which will deliver NASA instruments and […]

Shyam Dev2 min read
BT

Microsoft to work with Mars to accelerate Mars’s digital transformation

Mars and Microsoft Corp announced that the companies will work together to accelerate Mars’s digital transformation. Microsoft will be Using Microsoft Azure Platform to optimise its intelligent manufacturing supply chains and operational speed. Both the companies will work to integrate transparent and responsible data, AI and digital technologies into Mars’ global portfolio of confectionery, pet […]

Shyam Dev2 min read
BT

Gojek Pledges to achieve Zero Emissions by 2030

The Indonesian multi-service platform and digital payment technology Gojek pledges to achieve Zero Waste, Zero Emissions and Zero Barriers by 2030 in its First Annual Sustainability Report. This move is to create positive impact on long term value for people and planet which is a part of its sustainability mission. The company’s approach will be […]

Shyam Dev2 min read
BT

Ford accelerates R&D of battery cell technology and battery manufacturing

The American multinational automaker Ford Motor company accelerates R&D of battery cell technology which includes battery manufacturing as well. The company has also announced a new global battery centre of excellence called Ford Ion Park. The Ford Ion park Team which is in progress has $185 million collaborative learning lab in southwest Michigan which is […]

Shyam Dev2 min read
SK-IE-technology

SK IE technology to raise $2 billion in its initial public offering

The battery material solution provider SK IE technology has raised $2 billion in its initial public offering (IPO), the country’s biggest in four years. SK IE Technology has priced the offering at 105,000 won per share, the top of a marketed range, according to an exchange statement on Monday. The portion for institutional investors was […]

Shyam Dev2 min read
BT

Volvo Cars to lower CO2 emissions from 2025 using circular business principles

The Swedish multinational manufacturing company, Volvo aims to lower CO2 emissions of 2.5 million tonnes using circular business principles by the year 2025. The company’s long-term goal to become a circular business by 2040, Volvo Cars will create closed material loops for emission-heavy materials such as steel and aluminium, as well as remanufacture, repair, reuse […]

Shyam Dev2 min read
SpaceX

SpaceX to land NASA astronauts on the moon for $2.89 billion

The independent agency of the U.S. federal government, National Aeronautics and Space Administration ( NASA ) has chosen SpaceX an American aerospace manufacturer and space transportation services company to land NASA astronauts in moon for $2.89 billion. The agency’s powerful Space Launch System rocket will launch four astronauts aboard the Orion spacecraft for their multi-day […]

Shyam Dev2 min read
Cruise

Cruise backed by General Motors to bring robotaxi to Dubai

The company Cruise, manufacturer of self-driving vehicles and a subsidiary of General Motors will be launching its first international robotaxi service in Dubai. The vehicle company will start testing its vehicles in UAE in 2023 with plans to launch a commercial ride-hailing service. The agreement marks significant expansion plans for Cruise, which has been concentrating […]

Shyam Dev2 min read
Hyundai IQNIQ

Hyundai Motor stops IONIQ 5 production on chip shortage

The South Korean multinational automotive manufacturer Hyundai Motor said that it has stopped the production of IONIQ 5 in a domestic plant due to chip shortage. Hyundai Motor said Wednesday that it has suspended its No. 1 plant in Ulsan for a week until April 14, due to the lack of electric control units. The […]

Shyam Dev2 min read
softbank

SoftBank invests $2.8 in Norway robotics firm AutoStore

The Japanese multinational conglomerate holding company, SoftBank Group invests $2.8 billion in AutoStore , an automation company in Norway. The Japanese group SoftBank said that it will buy the stake from US private equity group Thomas H Lee Partners and Sweden’s EQT in a deal valuing AutoStore at $7.7bn. All three shareholders will have representation […]

Shyam Dev2 min read