Press Releases

GE Vernova Inc announced its trailer mounted TM2500* mobile aeroderivative solution is expected to bring fast and reliable power at the Bahamas to support possible peak summer demand and mitigate power shortages. Surpassing all previous records, more than 9,6 million tourists visited the island in 2023, with a relevant impact on power demand since the country has only about 400,000 inhabitants. Bahamas Turbines Limited (BTL), a subsidiary of FOCOL Holdings Limited, ordered two TM2500 aeroderi

Metso and G Mining Ventures (GMIN) have signed an agreement on the delivery of key process equipment for the high-grade Oko West Gold Project in Co-operative Republic of Guyana in South America. The value of the order is approximately EUR 30 million and it has been booked in the Minerals segment’s 2025 second-quarter orders received. As part of the agreement, Metso will deliver a suite of high-performance process equipment, including a Superior™ MKIII primary gyratory cr

Honeywell announced that it has agreed to acquire Johnson Matthey's Catalyst Technologies business segment for £1.8 billion in an all-cash transaction, representing approximately 11x estimated 2025 EBITDA, inclusive of tax benefits and run-rate cost synergies. The combination of Johnson Matthey's Catalyst Technologies business with Honeywell's Energy and Sustainability Solutions (ESS) business segment is expected to add attractive high growth vectors to the portfolio and dri

ABB today announced it has signed an agreement to acquire BrightLoop, a French innovator in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion. The acquisition will expand ABB’s capabilities in delivering compact, rugged, and intelligent power conversion systems tailored for the most demanding applications—from construction and mining equipment to electric ferries and offshore vessels. The transaction is expected to

ABB today announced the launch of its new Battery Energy Storage Systems-as-a-Service (BESS-as-a-Service) – a flexible, zero-CapEx solution designed to accelerate the shift to clean, resilient and affordable energy. BESS-as-a-Service is the first in a range of next generation service models being developed to remove the barriers to clean technology adoption and accelerate industries’ transition to net zero. With demand for energy storage expected to surge, ABB’s BE

Modine, a diversified global leader in thermal management technology and solutions, is investing more than $38 million to expand manufacturing capacity for data center chillers. The planned investment through the end of 2028 will upgrade one of Modine's facilities in Grenada, MS, and is expected to create more than 450 jobs. "Increasing our capacity to manufacture data center cooling equipment is just one example of how we're executing on our strategy to evolve our port

Siemens Digital Industries Software announced today that it has entered into an agreement to acquire Excellicon. This will bring Excellicon’s best-in-class software for the development, verification, and management of timing constraints to Siemens’ EDA portfolio of software for IC design. The planned acquisition enables Siemens to deliver an innovative approach to both implementation and verification flows -enabling System-on-a-Chip (SoC) designers to improve power, performance an

Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, today announced the launch of FactoryTalk® PharmaSuite® 12.00. The latest release of its manufacturing execution system (MES) is designed to support the unique needs of regulated pharmaceutical and biopharmaceutical manufacturing environments, helping companies simplify system management, accelerate deployments and scale production more efficiently. As

Perrone Robotics, Inc., a pioneer and leader in autonomous vehicle technology, today announced the establishment of a dedicated Transit Division. This strategic initiative enhances the company's capability to serve its expanding customer base across public and commercial passenger transit sectors, reinforcing Perrone Robotics' commitment to delivering scalable, efficient, and high-quality transit automation solutions. The newly formed Transit Division will exclusively focus

Alteryx, Inc., a leading AI and data analytics company, today announced Alteryx One, a unified suite of AI-powered analytics capabilities that give customers greater flexibility to automate and scale analytics across their data ecosystems. The release also introduces new features that simplify access to trusted, governed, and AI-ready enterprise data. A Unified Platform for AI-Powered Analytics Traditional analytics solutions often force trade-offs between

GE Vernova announced plans to invest approximately USD $16 million in India to expand its electrification manufacturing and engineering footprint—specifically, advanced grid technologies that enable stable, reliable, and secure delivery of electricity. The investment will be made by GE Vernova T&D India Limited (NSE: GEV T&D), the listed entity of GE Vernova’s Electrification business in India  and includes the development of a new manufacturing line at its

Siemens Digital Industries Software today announced the Questa™ One smart verification software portfolio, combining connectivity, a data driven approach and scalability with AI to push the boundaries of the Integrated Circuit (IC) verification process and make engineering teams more productive. Questa One delivers faster engines, enables faster engineers and requires fewer workloads to support the largest, most complex designs from IP to System-on-a-chip (SoC) to Systems, and

At Automate 2025 in Detroit, Siemens is announcing an expansion of its industrial AI offerings with advanced AI agents designed to work seamlessly across its established Industrial Copilot ecosystem. This new technology represents a fundamental shift from AI assistants that respond to queries towards truly autonomous agents that proactively execute entire processes without human intervention. Siemens' new AI agent architecture features a sophisticated orchestrator. Like a craftsman, it de

Realtime Robotics, the leader in automated collision-free motion planning, control, and optimization, today launched Resolver, a new cloud-based solution that dramatically accelerates the design and deployment of robotic workcells. Robot path planning is traditionally a complex, time-consuming, and brittle process. In most workcells there are multiple robots in use, requiring tedious manual labor to create interference zones and interlock signals that ensure there are no collisions

RIGOL Technologies, a global leader in electronic measurement instruments, proudly announces the launch of two powerful additions to its oscilloscope portfolio: the MHO2000 Series and the DS80000 Series. These next-generation instruments will be showcased for the first time in India at EFY Expo 2025, taking place from May 15–17 at the Auto Cluster Exhibition Centre, Hall 2, Booth B1, Pune. These solutions are tailored to meet the growing challenges of power electronics, automo