TechWish Group, a US-headquartered technology services and solutions provider, has opened a new facility at Sandhya Techno-1 in Raidurg, Hi-tech City, Hyderabad, to increase its footprint in India. The launch of the new facility complements TechWish Group’s expansion plans for its group companies in India and the South-East Asia region. TechWish Group, which was initially […]
Boston Metal, a US green steel technology startup, has raised $120 million in the first close of Series C fundraising to decarbonize steel production at scale. The steel producer anticipates to use the proceeds from the round to increase the production of green steel at the company’s pilot plant outside Boston and to select the […]
Daiichi Sankyo and AstraZeneca have received the approval of the European Union (EU) for their jointly developed Enhertu (trastuzumab deruxtecan) for the treatment of a type of breast cancer patients. Enhertu has been approved as a monotherapy for the treatment of adult patients having unresectable or metastatic HER2 low (IHC 1+ or IHC 2+/ISH-) breast […]
OneSpan, a US-based digital agreements security company, will acquire Australia-based startup ProvenDB to improve its Transaction Cloud Platform capabilities. The terms of the agreement have not been disclosed. The transaction is anticipated to serve as a foundational architecture for future blockchain-based digital transaction solutions for Web3. OneSpan anticipates to integrate ProvenDB’s technology with its Transaction […]
Meati Foods, an American animal-free, whole-food protein producer, has brought online its industrial-scale production plant in Thornton, Colorado to meet growing consumer demand for whole-food proteins. Named Mega Ranch, the manufacturing facility is designed to scale Meati Foods to an omnichannel, national footprint by late 2023 with the growing, harvesting, processing, and packaging of the […]
Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy, has begun the commercial operations at its Jackpot Solar project in Twin Falls County, Idaho, marking the company’s first utility-scale renewable energy project in the American state. The 120MW solar power plant in Idado will supply green energy to Idaho Power through a 20-year […]
Traverse City Whiskey, a distilled spirits company, has broken ground on its new craft whiskey production plant in Traverse City, Michigan, to meet the increasing demand for the company’s products, including premium Cocktail Cherries and Cocktail Crate craft mixers. The distilling campus will increase the company’s existing manufacturing facilities and tasting room at 201 E. […]
Longevity Biomedical, an American biopharmaceutical company, will go public through a merger with Denali Capital Acquisition Corp., a special purpose acquisition company. The combined entity with a pro forma equity valuation of approximately $236.2 million, will operate as Longevity Biomedical, Inc. and is expected to list on Nasdaq. Longevity Biomedical develops and acquires new technologies […]
Danone said that it will consider a possible sale among other strategic options for its organic dairy activity in the US, which includes the Horizon Organic and Wallaby businesses. The French food company said that the move is a further step in the review of its portfolio and asset rotation program, which it revealed last […]
Newcrest Mining will develop the Lihir mine Phase 14A (Lihir mine expansion project) in Papua New Guinea, following the approval of the feasibility study by the company’s board. The $280 million Phase 14A project is anticipated to provide an additional high grade ore source that will displace lower grade ore feed to the processing facility. […]