NEWS
Quantum technology firm EigenQ to go public in $3 billion SPAC deal
By Axel Miller | 17 Jun 2026
Quantum technology company EigenQ plans to go public through a $3 billion merger with Silicon Valley Acquisition Corp., focusing on post-quantum cybersecurity and quantum infrastructure solutions.
NDB approves up to $1 billion loan for South Africa urban infrastructure
By Cygnus | 17 Jun 2026
The New Development Bank has approved a loan of up to $1 billion to support water, sanitation, electricity and waste infrastructure upgrades across South Africa’s eight largest metropolitan municipalities.
Blue Origin starts launch pad rebuild, targets New Glenn return in 2026
By Axel Miller | 17 Jun 2026
Blue Origin has started rebuilding its Florida launch pad after a New Glenn rocket exploded during a ground test, with launches targeted to resume before the end of 2026.
US awards $500 million to SandboxAQ for chipmaking materials research
By Cygnus | 17 Jun 2026
The U.S. government awards $500 million to Nvidia-backed SandboxAQ to develop new chipmaking materials, PFAS alternatives and rare earth-free technologies.
Schneider Electric and Foxconn partner to build AI data center infrastructure
By Axel Miller | 15 Jun 2026
Schneider Electric and Foxconn have partnered to develop modular power, cooling, and infrastructure solutions for next-generation AI data centers, with production set to begin later in 2026.
Most businesses expect operations to be largely electrified by 2035: Survey
By Cygnus | 15 Jun 2026
A global survey of 1,994 executives finds 90% of businesses expect operations to be largely electrified by 2035, while 62% may consider relocation if governments fail to support the transition.
Suez Canal revenues rise as tanker traffic rebounds amid shipping route shifts
By Axel Miller | 10 Jun 2026
Suez Canal revenue climbed to about $425 million in April as oil tanker traffic surged nearly 28%, supporting Egypt’s economic recovery despite shipping volumes remaining below pre-crisis levels.
SpaceX’s Starbase expansion brings growth and community tensions in Texas
By Cygnus | 10 Jun 2026
SpaceX’s Starbase facility is driving jobs and investment in South Texas while facing property damage lawsuits, safety investigations and community concerns over expanding launch activity.
BizLink to acquire Interplex Datacom for $850 million to expand AI data center business
By Axel Miller | 10 Jun 2026
BizLink will acquire Interplex Datacom from Blackstone-backed Ennovi for $850 million in cash, expanding its AI server, connectivity, and data center infrastructure capabilities.
SK Hynix targets U.S. listing as AI-driven chip demand boosts outlook
By Cygnus | 10 Jun 2026
SK Hynix is targeting a U.S. ADR listing as early as August, aiming to capitalize on strong investor demand for AI-related semiconductor stocks and expand its global investor base.
India’s home battery network could help support rising power demand
By Axel Miller | 10 Jun 2026
India’s millions of residential inverter batteries could evolve into a distributed energy storage network, helping manage peak electricity demand and support renewable energy growth.
Exponent Energy raises ₹200 crore to expand commercial EV charging network
By Cygnus | 10 Jun 2026
Exponent Energy has raised ₹200 crore ($21.1 million) from 360 ONE Asset and TDK Ventures to expand its 15-minute EV charging network and commercial mobility platform across India.
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