Hewlett-Packard to spilt in two companies
Technology giant Hewlett-Packard plans to separate its computer and printer business from its corporate hardware and services operations and create two completely separate entities...
GE Aviation to concentrate 3D manufacturing research in a new West Chester facility
GE Aviation has announced a multi-million investment in a new facility in Butler County, Ohio, which will see the jet engine maker house all...
Stratasys acquires GrabCAD in an all-cash transaction
Stratasys, a leading provider of 3D printing and additive manufacturing solutions, has announced that it has successfully acquired GrabCAD, the leader of the Open...
Lockheed Martin adds electron beam additive manufacturing with Sciaky’s EBAM system
Lockheed Martin Space Systems has awarded a contract to Sciaky, a subsidiary of Phillips Service Industries, to provide the company with an electron beam...
Progressive Insurance selects BAE’s NetReveal solution to detect insurance frauds
US-based Progressive Insurance has selected the NetReveal® general insurance counter-fraud solution developed by BAE Systems Applied Intelligence to help the company identify claims fraud...
Airbus en route to revolutionise commercial air transport with fuel cells research
Airbus, the world’s leading commercial aircraft manufacturer, has announced that it has inked a partnership with South Africa’s National Aerospace Centre (NAC) to jointly fund...
Tesla Motors to build a $10bn battery gigafactory in Nevada
Tesla Motors has announced a $10 billion “gigafactory” in northern Nevada to produce lithium-ion batteries in partnership with Japanese electronics giant Panasonic.
According to the...
LG Innotek develops world’s first “rare earth-free” automotive DCT motor
LG Innotek, the leading global components manufacturer, announced last week that it is the first company in the world to develop a "rare earth-free"...
Lockheed Martin acquires Astrotech Space Operations Business and Sun Catalytix Corporation
Global security and aerospace company Lockheed Martin last week announced the completion of two important acquisitions of assets – the Astrotech Space Operations business...
Universal Robots to launch next-gen lightweight robots
Universal Robots, the Danish manufacturer of flexible industrial robot arms, has released the third generation of the lightweight robots UR5 and UR10, with revised...
Featured Article
Delivering growth: how invoice finance transformed a logistics business
For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.
