ARLINGTON: AeroVironment Inc. (NASDAQ: AVAV) has acquired Planck Aerosystems Inc., a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities. Founded in 2014, Planck Aerosystems has worked closely with customers from the U.S. Department of Defense, security agencies, allied governments and offshore industrials to develop…
CI&T signs deal to acquire Transpire Technology for AUD 23.4mn
NEW YORK: CI&T (NYSE: CINT), a global digital specialist, executed a sale and purchase agreement to acquire Transpire Technology Pty Ltd, an award-winning Australian technology consultancy, to enhance its growth in APAC. The purchase price for the acquisition is AUD 23.4 million (USD 16.4 million). Since 2009, Transpire has been the trusted technology partner of…
Fashion in an age of consumerism
Consumerism is the belief that acquiring consumable and material goods is essential to improving an individual’s sense of fulfilment, the notion of which is becoming frequently promoted in the media via prolific marketing campaigns and influencers. How is it impacting our environment? Along with the obvious social and economic issues that consumerism is causing, it…
Frasers Group offers to acquire MySale Group for £13.6 million
LONDON, UK: Frasers Group has made a cash offer to acquire the entire issued and to be issued ordinary share capital of MySale Group plc at a price of 2 pence per MySale Share. The Offer values the entire issued and to be issued share capital of MySale not currently held by Frasers Group at…
Slovalco shutting down primary aluminium production in Slovakia
OSLO, NORWAY: Hydro’s majority owned Slovalco aluminium facility in Slovakia has decided to close the primary aluminium production at the plant. The closure will be completed by the end of September 2022. The decision to terminate primary aluminium production at Slovalco comes in response to adverse framework conditions and high electricity prices, which show no…
How To Get Started With NFTs? Here are Useful Guidelines
In recent years, a new type of digital asset has taken the world by storm: non-fungible tokens, or NFTs. Unlike Bitcoin and other cryptocurrencies, which are interchangeable units of value, NFTs are unique, one-of-a-kind assets representing anything from digital artwork and collectibles to in-game items and virtual real estate. Thanks to their uniqueness, NFTs have…
Sanderson Design Group collaborates with Disney
LONDON, UK: Sanderson Design Group (AIM: SDG), the luxury interior design and furnishings group, announced an exciting collaboration with Disney. Under the terms of the licensing agreement, the Group’s Sanderson brand will be able to create wallpapers and fabrics based on a wide range of Disney Classic franchises. The Group’s Sanderson archive has a unique…
Thoma Bravo has acquired Mercell Holding
SAN FRANCISCO: Thoma Bravo, a leading software investment firm, and Mercell Holding ASA announced the completion of Thoma Bravo’s acquisition of Mercell, a European provider of e-tendering and procurement systems. Mercell, founded in 1999 and headquartered in Oslo, Norway, is the European market’s leading e-tendering software for public buyers and tender notification software for public…
Mondi to acquire Duino mill from the Burgo Group for €40 million
LONDON, UK: Mondi plc has agreed to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to convert this paper machine to produce around 420,000 tonnes per annum of high-quality recycled containerboard…
Scotland launches its first autonomous shuttle project with Navya
PARIS, FRANCE: NAVYA, an autonomous mobility systems leader, announced a new partnership with Inverness Campus to deploy a new project with a Navya Autonomous shuttle. Inverness Campus is hosting the first Autonomous Vehicle (AV) passenger service pilot in Scotland. The AV vehicle has arrived in the Highlands and the eagerly awaited trials are now underway…
U.S. Vanadium and Invinity sign MoU to form U.S. Joint Venture
LONDON, UK: Invinity Energy Systems, leading global manufacturer of utility-grade energy storage, is pleased to announce it has signed a Memorandum of Understanding (MoU) with U.S. Vanadium LLC (USV) which expresses mutual intent to create a U.S.-based joint venture (JV) focused on building and selling vanadium flow batteries in the United States of America. The…
Rainbow Rare Earths becomes member of European Raw Material Alliance
LONDON, UK: Rainbow Rare Earths has become a member of the European Raw Material Alliance (ERMA). ERMA is working to ensure reliable, secure, and sustainable access to critical and strategic raw materials, with a specific focus on the rare earth magnet chain. Aiming to make Europe economically more resilient, ERMA is looking to diversify supply…