ALX Oncology raises $105 million in Series C financing for CD47 trials

ALX Oncology, a clinical-stage biotechnology company, has secured $105 million in a Series C funding round, led by Vivo Capital. The new investors, who participated in the funding round include Janus Henderson, Logos Capital, Fore....

VELO3D-Honeywell unite to qualify Sapphire system for aircraft parts

VELO3D, a metal Additive Manufacturing (AM) solutions provider, has recently announced its partnership with Honeywell Aerospace, an aircraft engines and avionics manufacturer. The partnership was formed to qualify VELO3D’s Sapphire 3D....

DOE & Hyundai unite for transportation technology support & assessment

Seoul based automaker has expanded its partnership with the US Department of Energy to support exploration of hydrogen and fuel cell technologies for the future transport. Under the partnership, Hyundai is likely to offer five Hyundai N....

VICEM & FLSmidth tie up for innovations in cement industry technology

The changing spheres of technology and innovation have prompted various global companies to try their hand in investing into R&Ds for new technology development. In one such instance, leading cement producer across Southeast Asia, Vietn....

Shanghai govt. to lend a helping hand to Tesla for resuming production

Tesla’s Shanghai plant to recommence its production with state government support amid the pandemic spread. Government to ask banks to extend loans to SMEs. The U.S carmaker, Tesla, has reportedly announced resuming its automobil....

Huawei files a lawsuit against U.S. telco Verizon over patent rights

Huawei has alleged Verizon of infringing a wide range of the former’s services The Chinese firm accused Verizon of infringing 238 patents the previous year Chinese multinational giant, Huawei has reportedly sued Verizon, the U.S.....

Mitsubishi Electric develops new technology for inflight connectivity

Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, has reportedly announced that it, in collaboration with NICT (national Institute of Information and Communications Technol....

Koch acquires remaining shares in software maker Infor for $13 billion

Koch Industries, Inc., announced buying out outstanding equity in Infor, held by Golden Gate Capital. The transaction has valued Infor at almost $11 billion, or around $13 billion, including preferred stakes. Before the deal, Koch owned aro....

Accenture acquires Mudano to drive analytics, data & AI capabilities

Renowned global multinational professional services company, Accenture has recently announced its latest acquisition of Mudano, a U.K.-based data consultancy firm. The acquisition was strategically formed to enhance Accenture’s existi....

Maxar Technologies partners with Intelsat to build Intelsat 40e

Space tech company, Maxar Technologies Inc. has recently been selected as a trusted partner and innovator in space infrastructure and earth intelligence by satellite telecommunications firm Intelsat Corp. Reportedly, under this partnership....