Industrial robots and warehouse automation are lucrative intermingling markets, as evidenced by Berkshire Grey. The Lexington, Massachusetts-based company, which combines AI and robotics to automate omnichannel fulfillment for retailers, ecommerce, and logistics enterprises, today announced that it has secured a mammoth $263 million in series B funding led by SoftBank. Khosla Ventures, New Enterprise Associates, […]
The semiconductor industry is stepping up its efforts in advanced packaging, an approach that is becoming more widespread with new and complex chip designs.Foundries, OSATs and others are rolling out the next wave of advanced packaging technologies, such as 2.5D/3D, chiplets and fan-out, and they are developing more exotic packaging technologies that promise to improve […]
WASHINGTON—Sept. 16, 2020—The Semiconductor Industry Association (SIA), in partnership with the Boston Consulting Group (BCG), today released a study analyzing the impact of proposed federal incentives for domestic semiconductor manufacturing. The report, titled Government Incentives and U.S. Competitiveness in Semiconductor Manufacturing, finds robust federal incentives would reverse the decades-long trajectory of declining chip production in […]
The Gartner, Inc. 2020 Hype Cycle for Supply Chain Strategy shows that the Internet of Things (IoT) has reached the bottom of the Trough of Disillusionment. The market will begin to climb out of this trough, as the technology advances and practitioners succeed in defining the best opportunities for the unique measurement and tracking capabilities […]
WASHINGTON – AMERGINT Technologies, Inc. in Colorado Springs, Colo., has completed the purchase of the Collins Aerospace space-based optics business from Raytheon Technologies Corp. C4ISRnet reports. Continue reading original article Source: Raytheon Technologies acquisition optics | Military & Aerospace Electronics
The announcement noted that SoftBank will remain committed to Arm’s long-term success through its ownership stake in Nvidia, expected to be under 10 percent.Nvidia is framing its mega business deal with Arm as “bringing Nvidia’s own AI computing platform to Arm’s vast ecosystem.” Source: It’s Official: Nvidia Buys Arm | EE Times
WASHINGTON (AP) — The Air Force on Tuesday awarded a $13.3 billion contract for engineering and development work on a replacement for the Minuteman 3 missile, which has operated continuously for half a century as a key part of the nuclear force. Source: Air Force Awards $13.3 Billion Contract for Nuclear Missiles | Political News […]
Lockheed Martin (LMT) has been one of the names I have been bullish on for some years. Admittedly, the stock price performance since I wrote my first report on Lockheed Martin has only outperformed the broader market by a few percent, but its total return has been strong and that’s realized by strong growth in […]
IHS Markit has released its flash PMIs for August:Results vary by country, with USA, the eurozone, Germany and the UK showing large increases (chart 1)USA rose from 50.9 to 53.6 (chart 2), the eurozone from 47.4 to 51.8 (chart 3) and Germany from 51 to 53 (chart 4)France declined slightly (chart 5) and Japan remained […]
FRAMINGHAM, Mass. August 27, 2020 — The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracke r. While the second quarter of 2020 (2Q20) resulted in slightly better than expected numbers, the market […]
WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Japan of thirty-two (32) AIM-120C-8 Advanced Medium Range Air-to-Air Missiles (AMRAAM) with support for an estimated cost of $63 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale today. […]
ABBOTT PARK, Ill., Aug. 26, 2020 /PRNewswire/ — Abbott (NYSE: ABT) announced today that the U.S. Food and Drug Administration (FDA) has issued Emergency Use Authorization (EUA) for its BinaxNOW™ COVID-19 Ag Card rapid test for detection of COVID-19 infection. Abbott will sell this test for $5. It is highly portable (about the size of […]
