40+ results for "Manufacturing"
Syntec Optics (NASDAQ: OPTX) Wins New Recurring Space Order as Space Economy Expands
ROCHESTER, NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a leading provider of deep tech for the defense, space, AI data centers, and other vibrant end-markets, today announced a new order to build specialized high-tech waveguides for space satellites. After working on it for the past six months, Syntec is now ramping up to build and ship the product every week. Syntec is making advanced antenna feeds that let satellites talk using several different cha
IBM Completes Acquisition of HRL Laboratories to Accelerate the Future of Quantum
The combination brings together complementary expertise in quantum computing, sensing, materials science, and advanced technologies to accelerate future innovation ARMONK, N.Y. , Aug. 26, 2026 -- IBM (NYSE: IBM ) today announced it has completed its acquisition of HRL Laboratories, LLC (HRL), a leading research and development institution whose expertise spans quantum computing, quantum sensing, advanced communications, electronics, manufacturing, and materials science.
Gradiant Expands Global Engineering Center in Coimbatore to Strengthen International Project Execution
Expansion more than doubles engineering workforce, strengthening India s role in Gradiant s global operations COIMBATORE, India , Aug. 26, 2026 -- Gradiant , the Water Layer of the AI Economy, today announced the expansion of its Global Engineering Center (GEC) in Coimbatore, growing its engineering and project execution capabilities in India as it scales its global business across semiconductors, advanced manufacturing and other mission-critical industries.
SCHMID Group N.V. reports H1 2026 Financial Results and Updates Full-Year 2026 Guidance
FREUDENSTADT, Germany, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SCHMID Group N.V. (NASDAQ: SHMD) (the “Company” or “SCHMID”), a global leader in advanced manufacturing solutions for the electronics and semiconductor industries, reports its unaudited financial results for the first half of 2026, covering the period ended June 30, 2026, and adjusts its full-year 2026 guidance. Arthur Schuetz, Chief Financial Officer: “In the first six months of this year we have converted liabilities into equity, raised
Cambrex High Point Completes FDA, PMDA and TGA Pre-Approval Inspections, Advancing Commercial Manufacturing Capabilities
EAST RUTHERFORD, N.J. , Aug. 25, 2026 -- Cambrex, a leading global contract development and manufacturing organization (CDMO), today announced the successful completion of three Pre-Approval Inspections (PAIs) at its High Point, North Carolina facility by the U.S. Food and Drug Administration (FDA), Japan s Pharmaceuticals and Medical Devices Agency (PMDA), and Australia s Therapeutic Goods Administration (TGA). The completion of all three inspections enables High Point to manufacture approved active pharmaceutical ingredients (APIs) for the United States, Japan, and Australia, establishing the facility as the newest commercial manufacturing site within the Cambrex global network.
ICP DAS-BMP Brings Advanced Medical TPU Portfolio to Medical Manufacturing Asia 2026
HSINCHU , Aug. 25, 2026 -- ICP DAS-BMP (Biomedical Polymers), a Taiwan-based manufacturer and supplier of medical-grade TPU (thermoplastic polyurethane), will exhibit at Medical Manufacturing Asia 2026, taking place September 9 11 at the Marina Bay Sands Expo & Convention Centre in Singapore (Booth 2U20) . Exhibiting together with its manufacturing partner, Towards Buddha Co., Ltd., the company will showcase its comprehensive medical TPU portfolio while also introducing integrated medical tubing extrusion and contract manufacturing (OEM/ODM) services for medical device manufacturers.
From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
SED will execute the design, engineering, equipment supply, erection and commissioning of the sugar crystallization section on an accelerated timeline, with key equipment dispatch targeted by 15 September and plant commissioning scheduled by 31 October 2026. MOHALI, India , Aug. 24, 2026 -- In an industry where steam economy, process stability, and recovery efficiency directly determine plant profitability, Shivshakti Sugars Limited, Belagavi, Karnataka , has placed its trust in Spray Engineering Devices Limited (SED) for strengthening of the evaporator station and addition of a sugar crystallization section for 7500 TCD in existing syrup production plant. The project will support the plant s conversion to plantation white sugar production at 340 TCH, marking a significant step toward higher efficiency and modernized sugar manufacturing.
Kaynes Technology India Limited | Bosgame Enters India with Kaynes Technology; Companies Sign Strategic MoU to Strengthen Computing Presence in India
Collaboration brings together BOSGAME’s intelligent computing portfolio with Kaynes Technology’s engineering, manufacturing and market execution capabilities. Kaynes Technology India Limited and BOSGAME today announced the signing of a strategic Memorandum of Understanding (MoU), marking an important step towards establishing and expanding BOSGAME’s presence in the Indian market. The collaboration brings together BOSGAME’s product innovation and intelligent computing port
First-Generation Immigrant Brings Bus Manufacturing Back to Michigan After Five Years
Pareto Mobility opens a 50,000-square-foot Plymouth facility to manufacture Step-Free low-floor commercial buses PLYMOUTH, Mich. , Aug. 20, 2026 -- Pareto Mobility LLC announced the opening of its 50,000-square-foot manufacturing and assembly facility at the Burroughs campus in Plymouth, Michigan. Led by first-generation immigrant and inventor AJ Kumar, the facility brings commercial bus manufacturing back to Michigan five years after Champion Bus ceased operations in the state in 2021.
KaarTech establishes new Strategic Business Unit DACH with local Headquarter in Mannheim
New SBU delivers tailored SAP and AI transformation and adoption services for manufacturing clients. CHENNAI, India , Aug. 20, 2026 -- KaarTech, a global AI-led Enterprise Transformation firm, has established a dedicated Strategic Business Unit (SBU) for Germany, Austria and Switzerland (DACH) with headquarter in Mannheim. The location reflects KaarTech s commitment to client proximity, placing the new hub in the Rhine-Neckar region one of Europe s most important enterprise-technology corridors and home to SAP s global headquarters in Walldorf.
Exicom Becomes the First Company in India to Manufacture Liquid-Cooled Power Modules for EV Chargers
HYDERABAD, India , Aug. 19, 2026 -- Exicom Tele-Systems Limited (BSE: 544133) (NSE: EXICOM), one of India s leading EV charging and Critical Power companies, today announced the start of manufacturing for advanced liquid-cooled AC and DC power modules at its Hyderabad Smart Manufacturing Facility, making it the first company in India to produce this class of liquid-cooled power electronics for global markets. This launch strengthens Exicom s push to make India a global base for technology-forward manufacturing. It also marks an important step in Exicom s long-term product roadmap, broadening the canvas for high-value exports and further strengthening the company s differentiation as a design-led manufacturer.
STATETRON INTRODUCES ANDROMEAN CLASS™
A NEW ERA OF INDUSTRIALISATION Qatar 2030: Statetron unveils a new blueprint for autonomous, intelligent and energy-native industry DOHA, Qatar , Aug. 19, 2026 -- Statetron today introduces Andromean Class , a new industrial architecture designed to usher in a new era of industrialisation where artificial intelligence, robotics, autonomous logistics, energy storage and digital intelligence converge within a single manufacturing ecosystem.
ATLANT 3D Launches NANOFABRICATOR® PRO: The World's First and Only Physical Platform for AI-Driven Materials Discovery
COPENHAGEN, Denmark , Aug. 17, 2026 -- ATLANT 3D today announced the launch of NANOFABRICATOR PRO, the world s first and only physical platform for AI-driven materials discovery. The platform connects AI-driven materials discovery with programmable atomic-scale fabrication, experimental validation, and device prototyping, accelerating the transition from design to manufacturable materials and devices. As AI transforms materials discovery, a key challenge remains validating AI-generated predictions. Traditional workflows separate materials design, fabrication, characterization, and manufacturing into disconnected processes, slowing innovation and limiting the transition from digital discoveries to real-world technologies.
India's Manufacturing Future Will Be Built by Engineers Who Understand How the World's Best Products Are Made
Caresoft Global and Delhi Research Implementation and Innovation (DRIIV) signed a MoU to collaborate for talent development in India by bridging the skill gap. NEW DELHI , Aug. 17, 2026 -- Caresoft Global and DRIIV (Delhi Research Implementation and Innovation) have signed a Memorandum of Understanding to collaborate for talent development in India. The partnership brings global manufacturing and technology intelligence into the Indian engineering, manufacturing, and education sector through a structured industry engagement model. DRIIV operates under the Office of the Principal Scientific Adviser to the Government of India, and was established on the recommendation of the Prime Minister s Science, Technology and Innovation Advisory Council (PM-STIAC). Adroit Technologies Innovative Solutions Pvt. Ltd. joins as Implementation Partner.
Nava Sets New Quarterly High with Total Income of ₹1,269 Crore
HYDERABAD, India , Aug. 14, 2026 -- Nava Limited today announced its financial results for the quarter-ended June 30, 2026, reporting its highest-ever quarterly total income , while standalone PBT before exceptional items rose 92.9% QoQ , supported by lower material and manufacturing costs and dividend income. Key Highlights Record Performance: Consolidated total income stood at 1,269 crore , the highest ever, with revenue from operations rising 6.0% QoQ to 1,212 crore . Strong Energy Performance: Energy revenue increased 18.3% QoQ , supported by healthy PLFs across plants and availability of bilateral contracts. Dividend Upstream: Nava received US 15 million in dividend income from Nava Global during the quarter. ZESCO s Arrears Status: MEL realized US 15 million from ZESCO , reducing outstanding arrears to US 13.4 million . Mining Momentum: Mining revenue increased 20.4% QoQ , driven by higher sales volumes.
TERREPOWER Culminates Its Brand Evolution with Tagline 'Reimagine What's Possible'
DAPHNE, Ala. , Aug. 14, 2026 -- TERREPOWER today announced the launch of its new corporate tagline, Reimagine What s Possible, reflecting its transformation from remanufacturing pioneer to global leader in sustainable manufacturing. The milestone marks the pinnacle of the company s ongoing brand evolution. Reinforcing the entrepreneurial spirit and innovative mindset that have fueled TERREPOWER s growth, the tagline epitomizes the aftermarket company s success in spreading the power of sustainable manufacturing at scale.
Farizon Hits 600,000 Production Milestone, Celebrates 10th Anniversary with Homtruck Rollout
HANGZHOU, China , Aug. 13, 2026 -- Farizon New Energy Commercial Vehicle Group hosted its 10 year anniversary roll off ceremony at its Ma anshan manufacturing plant, with on site employees on hand to witness the landmark 600,000th unit a Homtruck heavy truck calibrated to satisfy EU regulations and local fleet operation demands come off the assembly line. The milestone cements Farizon as the world s first new energy commercial vehicle manufacturer to reach this cumulative production mark.
GLOBAL SUPPLY CHAIN PRESSURES EASE IN JULY, BUT SHORTAGES PERSIST AHEAD OF RENEWED STRAIT OF HORMUZ DISRUPTION: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Demand for intermediate goods and raw materials stagnates in July as manufacturers reduced safety-stock building Supply shortages remained elevated, leaving production vulnerable to fresh geopolitical shocks Asia and North America continued to lead global manufacturing demand, while Europe continues to lag CLARK, N.J. , Aug. 12, 2026 -- GEP Global Supply Chain Volatility Index a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs, based on a monthly survey of 27,000 businesses showed global supply chain pressures eased in July as manufacturers reduced precautionary stockpiling and transportation pressures moderated. However, supply shortages remained elevated and production backlogs continued to build, indicating supply chains had yet to fully recover before the renewed disruption in the Strait of Hormuz.
Octillion Power Systems Opens Third India Manufacturing Plant, Expanding EV Battery Capacity in Gujarat
New 13,000-square-meter facility built in under eight months adds more than 3 GWh of annual battery capacity, reinforcing India s electric mobility supply chain across passenger, commercial truck/LCV, and bus segments RICHMOND, Calif. , Aug. 11, 2026 -- Octillion Power Systems ( Octillion ), a global Tier 1 supplier of electric vehicle (EV) battery systems, today announced the opening of its third manufacturing plant in India, located in Halol, Gujarat. The facility, spanning more than 13,000 square meters, was transformed from an empty structure into a fully operational battery manufacturing plant in less than eight months further strengthening India s EV supply chain and expanding Octillion s global production footprint.
Cambrex Milan Celebrates 80th Anniversary with Construction of New $30 Million R&D Facility
EAST RUTHERFORD, N.J. , Aug. 11, 2026 -- Cambrex, a leading global contract development and manufacturing organization (CDMO), today announced the start of construction on a new research and development (R&D) facility at its Milan, Italy site. This 30 million investment will add advanced analytical development and process R&D capabilities, alongside upgrades to multiple production plants, reinforcing Cambrex s commitment to supporting the pharmaceutical industry s most complex small molecule development.
Frost & Sullivan Marks 20th GIL Summit in China with Landmark Shanghai Gathering
Business leaders, policymakers and innovators explore AI, industrial transformation and global growth as Frost & Sullivan celebrates its 65th anniversary SHANGHAI , Aug. 10, 2026 -- Frost & Sullivan welcomed more than 2,000 business leaders, policymakers, investors, academics and innovators to the 20th Growth, Innovation and Leadership (GIL) Summit in China, held August 4 5 at the Jing An Shangri-La in Shanghai. Coinciding with Frost & Sullivan s 65th anniversary, the summit featured more than 300 speakers and 150 keynote presentations and panel discussions. Topics included artificial intelligence, advanced manufacturing, semiconductors, life sciences, consumer markets and investment - highlighting the forces reshaping global competitiveness and transformational growth.
SOLIZE PARTNERS and Dassault Systèmes Form Partnership to Accelerate Digital Transformation in Manufacturing
TOKYO , Aug. 10, 2026 -- SOLIZE PARTNERS Corporation and Dassault Syst mes in Japan have entered into a Consulting & System Integration Partner Program agreement to help manufacturers accelerate digital transformation, improve operational efficiency and drive innovation. The agreement was formally signed in Tokyo by Yusuke Inoue, President of SOLIZE PARTNERS Corporation; Philippe Godbout, Managing Director, Japan, Dassault Syst mes; and Mahadevan V. S., CEO & Director of SOLIZE PARTNERS India, marking a new chapter in the long-standing collaboration between the SOLIZE Group and Dassault Syst mes.
Trex Energy Hyderabad secures 3 awards for energy storage excellence in India
HYDERABAD, India , Aug. 6, 2026 -- Trex Energy Pvt. Ltd. has reached a significant milestone in India s clean energy sector by securing three honors from the India Energy Storage Alliance (IESA) . The organization named Trex Energy the Commercial & Industrial (C&I) Company of the Year , recognizing the firm s role in advancing battery energy storage systems (BESS) for industrial applications. This recognition highlights the company s impact on the regional clean energy ecosystem and its focus on manufacturing excellence.
Piramal Pharma Solutions Expands Peptide API Facility with Advanced Spray Drying Suite
Piramal Pharma Solutions has added a new spray drying suite with Band 5 containment capacity at its dedicated peptide facility in Turbhe, India, equipped with its own air handling units, nitrogen supply, and control systems. The new suite empowers Turbhe to support the formulation of challenging molecules, including peptides, HPAPIs, and other biomolecules. MUMBAI, India , Aug. 4, 2026 -- Piramal Pharma Solutions ( PPS ), a leading global Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd. (NSE: PPLPHARMA) (BSE: 543635), has launched a state-of-the-art spray drying suite at its dedicated peptide development and manufacturing facility in Turbhe, India. This strategic expansion enables PPS to address the complex formulation challenges associated with peptides and other complex molecules and support the growing demand for these innovative molecules.
232 Aerospace Engineering Students of Chandigarh University complete industry training at ISRO, DRDO, HAL & other Aerospace Organisations
Chandigarh University Aerospace Engineering students secure Jobs in Space, Defence & Aviation Companies with a highest Package Rs 18 LPA CHANDIGARH, India , July 31, 2026 -- With Chandigarh University s Aerospace Engineering students gaining hands-on experience at leading space exploration, defense research and aerospace manufacturing organsiations including ISRO, DRDO and HAL, 48 students of Aerospace Engineering have secured jobs in the sector during the past three years with the highest package of Rs 18 LPA.
SEMI Announces New Spring Schedule for SEMICON West Beginning March 30-April 1, 2027
Phoenix to Become the Long-term Home of North America s Premier Semiconductor Industry Event MILPITAS, Calif. , July 30, 2026 -- SEMI , the global industry association serving the semiconductor and electronics design and manufacturing supply chain, today announced a significant evolution for SEMICON West , establishing a new annual spring schedule beginning March 30 April 1, 2027, at the Phoenix Convention Center in Phoenix, Arizona.
Milliken Begins Commercial Production of Millad ClearX™ 9000 to Support Growing Demand for Advanced Polypropylene Solutions
MUMBAI, India , July 30, 2026 -- Milliken & Company today announced the successful startup of dedicated production capacity for Millad ClearX 9000, the company s fifth-generation clarifier technology designed to deliver exceptional clarity, performance, and processing efficiency in polypropylene applications. The new manufacturing capability strengthens Milliken s ability to support customers with reliable supply, consistent quality, and continued innovation as demand for advanced polypropylene solutions grows wordwide.
BluPine Energy Strengthens Rajasthan C&I Portfolio with Multiple Renewable Power Agreements; Targets 150MW Commercial & Industrial Capacity
GURUGRAM, India , July 30, 2026 -- BluPine Energy, one of India s leading renewable energy platforms established by Actis, has strengthened its Commercial & Industrial (C&I) presence in Rajasthan with the execution of long-term Power Purchase Agreements (PPAs) with KEI Industries Limited , Craftsman Automation Limited , and Sunbeam Lightweighting Solutions Private Limited . Together, these projects represent another milestone in BluPine Energy s strategy to provide reliable, cost-effective renewable energy solutions to India s industrial sector while expanding its C&I footprint across key manufacturing hubs. Construction activities for all three projects have commenced, with commissioning planned in line with project timelines.
XCMG's First Overseas New Energy Factory Commences Production in Indonesia
WEDA, Indonesia , July 30, 2026 -- XCMG (SHE: 000425) held an inauguration ceremony for its Indonesia New Energy Manufacturing Base (the Base ) on July 27 at Indonesia Weda Bay Industrial Park (IWIP) in North Maluku Province. With the first batch of new energy equipment rolling off the production line and being delivered to strategic partner Tsingshan Holding Group s IWIP, XCMG s first overseas new energy factory commenced production. XCMG is accelerating its five-pronged transformation toward high-end, intelligent, green, global and service-oriented development, with global operations and green industrial development as two core strategic priorities. The launch of XCMG s first overseas new energy factory represents a strategic move integrating these priorities.
Kymera International Appoints Willson Ropp as Chief Executive Officer
Experienced specialty materials executive brings more than 30 years of leadership experience across global manufacturing, operational excellence, business integration, and long-term value creation RESEARCH TRIANGLE PARK, N.C. , July 29, 2026 -- Kymera International, a leading global developer and manufacturer of advanced specialty materials and high-performance surface coatings, has announced the appointment of Willson Ropp as Chief Executive Officer, effective June 15, 2026.
Billet Manufacturing division of Remal Alcast achieves AS9100D Certificate for Aerospace and Defence
MUMBAI, India , July 29, 2026 -- Remal Alcast Pvt. Ltd., a manufacturer of master alloys , cast alloys , and aluminium billets, is proud to announce that Remal s billet casthouse has received AS9100D certification for aviation and defence applications along with ISO 9001:2015. These certifications are applicable to the manufacture and supply of Aluminium Alloys for Aerospace and Defence applications. The certificates are technically equivalent to EN9100:2018 and JISQ9100:2016 standards and have been audited in accordance with the requirements of AS 9104/1:2012. The audit was done by DNV Business Assurance USA Inc. under the Industry Controlled Other Party (ICOP) Scheme.
Altimetrik Launches Industrial AI Service Line with Three New Solutions for Autonomous Manufacturing
Smart Machines, Smart Plants, and Smart Operations help manufacturers move from isolated AI pilots to production-scale industrial intelligence BENGALURU, India , July 28, 2026 -- Altimetrik , an AI-native engineering company, has introduced an industrial AI service line with three solutions designed to help manufacturers and other enterprises integrate AI directly into machines, factory floors, and supply chain operations.
Tony Jaa Becomes GAC's 30-Millionth Customer - GAC Wins Global Trust with "True Craftsmanship"
GUANGZHOU, China , July 25, 2026 -- On July 16, at the roll-off ceremony for GAC s 30-millionth vehicle, Feng Xingya, Chairman of GAC Group, handed over the key to the right-hand-drive GAC M8 PHEV (named GN8 overseas) to Tony Jaa. The milestone vehicle is headed straight for overseas markets. Thai action superstar Tony Jaa s choice reflects the trust of 30 million customers worldwide. That trust is built not on showmanship, but on GAC s solid manufacturing true craftsmanship.
Shanghai Electric showcases embodied intelligence robot matrix and AI-native smart factory solutions at WAIC 2026
Featuring humanoid robots with 41 degrees of freedom, pipe inspection robots with 1mm positioning accuracy, and 51 industrial grade AI agents SHANGHAI , July 24, 2026 -- Operations in high-end equipment manufacturing often involve confined spaces, complex objects, and fine manipulation tasks that demand sustained and stable precision. At the recent 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance (WAIC 2026), Shanghai Electric (SEHK: 02727, SSE: 601727) showcased its comprehensive portfolio of embodied intelligence solutions tailored to a range of industrial scenarios.
Mixx Technologies Acquires Sophic Silicon Technologies and Announces Manufacturing Collaboration with Kaynes Semicon
A landmark dual announcement signals India s emergence as a vertically integrated force in global AI semiconductor infrastructure, spanning design to deployment BENGALURU, India , July 23, 2026 -- Mixx Technologies, Inc., a US based venture-backed deep-tech company building the interconnect layer for hyperscale AI infrastructure, today announced two simultaneous strategic moves that together mark a defining moment in India s semiconductor journey. First, the acquisition of Sophic Silicon Technologies, a Bengaluru-based semiconductor IP design firm, beneficiary of India s DLI and whose analog mixed-signal design expertise is now integral to Mixx s co-packaged optics platform. Second, a manufacturing collaboration with Kaynes Semicon Private Limited, an Outsourced Semiconductor Assembly and Test (OSAT) specialist and beneficiary of India s Production Linked Incentive (PLI) scheme, to establish a test and assembly facility that will support Mixx s optical IC packaging roadmap. Taken together, the two announcements represent the first time an international deep-tech company has anchored both the design and manufacturing layers of a next-generation AI silicon platform in India, turning the country s policy ambition into commercial reality.
Kennametal Unveils Next Level Shop Experience for IMTS 2026
Immersive booth brings live machining, industry experts, metal cutting innovations and a custom motorcycle build together under one roof PITTSBURGH , July 20, 2026 -- Kennametal Inc. (NYSE: KMT) today announced it will bring the modern manufacturing ecosystem to life at IMTS 2026 with the Next Level Shop , an immersive experience featuring appearances of WIDIA brand ambassador Carey Hart, a live custom motorcycle build and the latest machining and digital manufacturing technologies designed to help manufacturers improve productivity.
Manufacturers are improving OT remote access, but third-party access governance still lags behind, says Secomea
Industry research highlights a growing gap between operational speed and third-party access governance in manufacturing COPENHAGEN, Denmark , July 20, 2026 -- As manufacturers continue to strengthen their cybersecurity following a wave of ransomware attacks targeting industrial organizations, attention is shifting beyond secure remote connectivity to a new challenge: governing third-party access across operational technology (OT) environments.
Altimetrik Joins the World Economic Forum's Centre for AI Excellence to Advance Responsible, Enterprise-Scale AI Innovation
BENGALURU, India , July 16, 2026 -- Altimetrik , an AI-native engineering company, has joined the World Economic Forum s (WEF) Centre for AI Excellence . Through this collaboration, Altimetrik will contribute its expertise in AI engineering, data, and platform foundations to help shape global standards for the responsible adoption and enterprise-scale deployment of artificial intelligence. Central to Altimetrik s contribution is ALTi AIOS , its recently launched AI engineering operating system, purpose-built for the brownfield realities of large enterprises. The platform is backed by more than 10,000 engineering practitioners delivering AI in production across BFSI, manufacturing, retail, automotive, healthcare, and life sciences.
OMAN'S US$5.2 BILLION FUTURE FUND UNVEILS US$1.744 BILLION IN PROJECTS
MUSCAT, Oman , July 15, 2026 -- Future Fund Oman (FFO), a portfolio of Oman Investment Authority (OIA), the Sultanate of Oman s sovereign wealth fund, has announced a new package of 105 strategic projects and investments worth USD 1.744 billion, as the Sultanate of Oman accelerates its economic diversification. The portfolio combines USD 585 million in commitments from FFO with around USD 458 million in local investment, spanning renewable energy, advanced manufacturing, tourism, healthcare, medical technologies, innovation and food industries.
Independent Testing Shows Which Business Security Products Actually Hold Up When It Matters
AV-Comparatives publishes its Business Security Test results for March to June 2026, as ransomware and supply-chain attacks continue to disrupt companies of every size INNSBRUCK, Austria , July 15, 2026 -- When Iranian-linked hackers breached medical device maker Stryker in March 2026, they did not need a sophisticated zero-day exploit to cause chaos. Once inside, they triggered simultaneous factory resets on more than 200,000 corporate devices across 79 countries, grinding order processing, production and shipping to a halt for days. Two months later, Foxconn confirmed that the Nitrogen ransomware group had stolen an alleged 8 terabytes of data from its North American factories, including project files tied to major technology clients. These are not isolated cases. They are part of a first half of 2026 in which manufacturing, healthcare, government and financial organisations of every size have been hit, often through a single compromised endpoint or a trusted third party.