In a significant move towards modernising its IT infrastructure, Globe Telecom has announced a strategic collaboration with Red Hat, Inc., the global leader in open source solutions. This partnership centres around the implementation of Red Hat Open Innovation Labs to enhance Globe’s agility, scalability, and overall operational efficiency. The goal is to provide a superior […]
HistoSonics, a trailblazer in non-invasive histotripsy technology, has successfully concluded an oversubscribed $102 million Series D financing round. The round was spearheaded by Alpha Wave Ventures, a leading growth-stage investment firm, with substantial contributions from new investors Amzak Health and HealthQuest Capital. Existing investors also included Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Venture […]
Metavesco, Inc. (OTC PINK: MVCO), a leading entity in web3 and digital assets, has announced a significant step in its strategic expansion by executing a non-binding Letter of Intent (LOI) to acquire Striped Pig Distillery and Local Choice Spirits, both esteemed names in Charleston’s craft spirits industry. This acquisition represents Metavesco’s ambitious entry into the […]
Century Communities, Inc., a leading force in the homebuilding industry and recognised for its superior online sales and customer trust, is set to debut its newest residential project: The Classic Enclave. Located in Spanaway, Washington, this development is strategically positioned adjacent to The Classic Golf Club, enhancing its appeal for potential homeowners. The official Grand […]
Merck & Co., Inc. (NYSE: MRK), known as MSD outside the United States and Canada, has secured a pivotal acquisition by agreeing to purchase CN201, an investigational B-cell depletion therapy, from Curon Biopharmaceutical for $700 million in cash. This acquisition highlights Merck’s commitment to enhancing its oncology pipeline with cutting-edge therapies. Strategic Acquisition Enhances Merck’s […]
Silver Point Finance, the direct lending division of Silver Point Capital, L.P., has finalised an $862 million Senior Secured financing to facilitate Sweet Oak’s acquisition of Whole Earth Brands, Inc. This significant financial arrangement includes both the refinancing of Sweet Oak’s existing broadly syndicated loan and funding for the acquisition. The transaction has received notable […]
Zoomcar Holdings, Inc. (NASDAQ: ZCAR), a leading player in the self-drive car-sharing market, has unveiled its inaugural Fulfillment Center in Chennai. This move is part of Zoomcar’s ambitious plan to significantly enhance its operational capabilities, with a goal to establish over 100 Fulfillment Centers and deploy more than 1,000 cars by December 2024. This strategic […]
Rocket Lab USA, Inc. (Nasdaq: RKLB), a leader in innovative space technology, has commenced the installation of a state-of-the-art Automated Fiber Placement (AFP) machine designed to revolutionise the production of its Neutron rocket. This new 90-tonne AFP machine, custom-built by Electroimpact, a renowned aerospace manufacturing company based in Washington, promises to significantly streamline the manufacturing […]
Energy Vault Holdings, Inc. and Carbosulcis S.p.A. are set to develop a groundbreaking 100 megawatt (MW) Hybrid Gravity Energy Storage System at Italy’s largest former coal mining site in Sardinia. This ambitious project aims to transform the retired coal mine into a cutting-edge Renewable Energy Technology Hub, enhancing Sardinia’s green energy capabilities and supporting local […]
Rocket Lab USA, Inc. (Nasdaq: RKLB), a prominent player in the space industry, has achieved a significant milestone by successfully launching its 51st Electron rocket. The mission, named “Owl For One, One For Owl,” deployed a single Synthetic Aperture Radar (SAR) satellite into low Earth orbit for Synspective, a Japanese company specialising in Earth-imaging technology. […]