COPENHAGEN: Napatech, a leading provider of programmable network interface cards (NICs), has partnered with Eideticom to introduce new solutions for cryptographic acceleration and transparent compression in data centers. The collaboration aims to optimize performance for compute-intensive workloads in mission-critical networks. The Cryptographic Accelerator offloads security operations, supporting both classical and post-quantum algorithms to ensure future-proof…
Serco secures £1 billion Royal Navy contracts to expand maritime services
LONDON: Serco, a leading international provider of critical government services, has been awarded three major contracts by the UK Ministry of Defence, totaling over £1 billion, to support maritime operations for the Royal Navy. The contracts, set to commence later this year, will replace existing services and introduce new capabilities. Serco has been a key…
Bluebird Mining weighs options after Philippine permit renewal
LONDON: Bluebird Mining Ventures Ltd. said it is evaluating potential opportunities following the renewal of its flagship Philippine gold project permit, including a possible sale of its remaining stake. The pan-Asian gold developer disclosed that its local partner has expressed interest in acquiring Bluebird’s remaining interest in the project. While discussions are set to begin,…
Filtronic secures Airbus deal for Eutelsat OneWeb Satellite Expansion
SEDGEFIELD: Filtronic plc (AIM: FTC), a specialist in aerospace and defense technologies, has secured a contract to develop and supply advanced filter and diplexer assemblies to Airbus Defence and Space for its latest satellite production for Eutelsat OneWeb. The deal will see Filtronic deliver flight sets for payload integration in 2026, supporting Eutelsat OneWeb’s expansion…
Greencore to acquire Bakkavor Group in £1.2 billion deal, creating leading UK convenience food business
LONDON: Greencore Group PLC has agreed to acquire Bakkavor Group PLC in a deal valued at approximately £1.2 billion, creating one of the largest UK convenience food businesses. Under the terms of the recommended acquisition, Bakkavor shareholders will receive 0.604 new Greencore shares and 85 pence in cash per share, valuing each Bakkavor share at…
Peak Rare Earths to be acquired by China’s Shenghe Resources in $158 million deal
PERTH: Peak Rare Earths Limited (ASX: PEK) has entered into a binding agreement to be acquired by Ganzhou Chenguang Rare Earths New Material Co., Ltd., a wholly owned subsidiary of China’s Shenghe Resources Holding Co., Ltd., in a deal valued at approximately A$158 million (US$105 million). Under the proposed scheme of arrangement, Chenguang will acquire…
Boeing, GE Aerospace secure $96 billion aircraft deal with Qatar Airways
DOHA: Boeing and GE Aerospace finalized a $96 billion agreement to provide Qatar Airways with up to 210 aircraft, the White House announced. Boeing CEO Kelly Ortberg joined President Donald Trump in Doha for a signing ceremony, cementing the airline’s purchase of 787 Dreamliners and 777X jets powered by GE engines. The deal marks Boeing’s…
Uber and iFood partner to integrate ride-hailing, delivery services in Brazil
Uber Technologies Inc. (NYSE: UBER) and iFood, a leading Latin American delivery platform, announced a partnership Tuesday to integrate ride-hailing and delivery services in Brazil. Under the agreement, iFood users can book Uber rides directly in its app, while Uber users will access iFood’s food, grocery, and pharmacy deliveries. The integration aims to streamline services…
Soopra AI unveils AI-driven social network, secures pre-seed funding
Soopra AI, a company specializing in AI-driven personas for real-time engagement, announced Wednesday the launch of Soopra AI 2.0, also known as Soopra ASK. The latest version introduces the world’s first social network of AI agents, aimed at enhancing digital interactions for creators, influencers, and experts. Alongside the product launch, Soopra AI disclosed the completion…
Calian acquires Advanced Medical Solutions, expands northern healthcare reach
OTTAWA: Calian Group Ltd. (TSX: CGY) has acquired Advanced Medical Solutions (AMS), a leading provider of remote and emergency healthcare services in Northern Canada. The acquisition, effective immediately, strengthens Calian’s ability to deliver integrated healthcare solutions across Canada’s northern regions. AMS, headquartered in Yellowknife, specializes in 24/7 operational and medical support across the Northwest Territories, Yukon, Nunavut,…
Avicena raises $65 million in Series B funding to advance AI interconnect technology
SAN JOSE, Calif. — Avicena, a leader in ultra-low power, high-density microLED-based interconnects, announced Wednesday that it has raised $65 million in Series B funding, bringing its total capital raised to $120 million. The funding round was led by Tiger Global, with participation from new and existing investors including Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance,…
European Biogas Association calls for binding 2040 target to scale biogas production
BRUSSELS: As the European Union advances toward its 2040 climate goals, the European Biogas Association (EBA) is pushing for biogases to play a central role in the bloc’s energy transition. The industry group has proposed a binding target of 100 billion cubic meters (bcm) of biogas and biomethane production by 2040, positioning the sector as a key driver…