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...
Ford recalls more than 160,000 vehicles
Ford issued a recall for more than 160, 000 vehicles in North America due to safety issues.
According to ABC News, the recall involves 159,395...
Affordable thermal imaging technology inching closer to mainstream users
Flir Systems, a leading manufacturer of thermal Imaging cameras, has recently introduced an affordable iPhone accessory that enables the smartphone’s display to capture and...
GE looks to sell Appliance Unit
General Electric (GE) has announced that it plans to sell off its consumer appliance unit, with Swedish appliance maker Electrolux and consumer products start-up Quirky named...
US DOE trains veterans for 3D printing and manufacturing jobs
The US Department of Energy’s (DOE), Office of Energy Efficiency and Renewable Energy (EERE) has announced that the first 24 participants in its Advanced...
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GridBeyond highlights role of technology in navigating energy market swings
Energy price volatility continues to pose challenges for manufacturers and other energy-intensive industries, particularly as electricity markets experience more frequent and unpredictable price swings.
