Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Zenno Astronautics Ltd., a New Zealand-based startup specializing in superconducting technology for space applications. This marks the ninth investment by the fund. As satellites become smaller and more affordable, the number of satellite launches is rapidly increasing, heightening the importance…
All posts tagged Mitsubishi Electric
Mitsubishi Electric acquires French air-conditioning company, AIRCALO
Mitsubishi Electric Corporation has announced the full acquisition of French air-conditioning company AIRCALO through its subsidiaries Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. and Mitsubishi Electric Europe B.V. The acquisition, completed on April 2, marks a significant step for Mitsubishi Electric as it aims to capitalize on AIRCALO’s extensive product range and exceptional customization…
Mitsubishi Electric and Dispel partner to boost their operational technology security businesses
Mitsubishi Electric Corporation (TOKYO: 6503) and Dispel, a leading provider of zero trust remote access and moving target defense networks, have announced a strategic partnership to expand their operational technology (OT) security businesses. The partnership will combine Mitsubishi Electric’s factory-automation (FA) equipment and OT security solutions with Dispel’s secure remote-access technology to offer a Zero…