Press Releases

Cosmo Tech collaborates with Microsoft to drive strategic sustainability outcomes with Simulation Digital Twins

Lyon, France – Cosmo Tech is collaborating with Microsoft to integrate Microsoft Azure Digital Twins capabilities with the addition of its strategic 360° Simulation Digital Twin technology. The combined technologies enable Microsoft’s enterprise customers to monitor systems in near real time and to simulate the evolution of complex organisation in uncertain environments over time. This will allow strategic optimisations at all levels of enterprise planning, decision making and financial functions; enabling outcomes that are robust, resilient, and sustainable. (more…)

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July 14, 2022

Posted by: Janmesh Chintankar

Dedrone closes $30mn financing: Police and critical infrastructure owners seek airspace security protection

San Francisco, UK. 13 July 2022 – Dedrone, a specialist in smart airspace security, has closed US$30 million (€29.93 million) in an oversubscribed Series C-1 financing round. Led by public safety technology company Axon, this latest funding comes on the heels of the company’s $30.5 million (€30.43 million) Series C in December 2021. Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners and individual Silicon Valley entrepreneurs also participated in the round. (more…)

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Posted by: Shriya Raban

Ericsson, Qualcomm and Thales to take 5G into space for satellite-driven non-terrestrial networks

Ericsson, Thales, a global specialist in aerospace, defence, security & digital identity, and wireless technology provider Qualcomm Technologies, Inc. are planning to take 5G out of this world and across a network of Earth-orbiting satellites. (more…)

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Posted by: Shriya Raban

Rural Dorset to test 5G mmWave technology for agriculture

A Dorset project has been awarded funding to conduct cutting edge research with the wireless technology provider. (more…)

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Posted by: Shriya Raban

Renowned entrepreneur and climate tech advisor Zen Matoshi joins Cervest’s Climate Intelligence Council

London. 13 July 2022 Cervest, the climate tech company working to put asset-level climate intelligence at the core of every decision, welcomes the newest member to its Climate Intelligence Council Zen Matoshi. (more…)

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July 13, 2022

Posted by: Shriya Raban

ST Engineering iDirect and MEASAT reaffirm partnership with significant network expansion to power HTS satellite

Herndon, Va., 12 July 2022 ST Engineering iDirect, a global specialist in satellite communications, announced that Malaysian satellite operator MEASAT, is significantly expanding its iDirect Evolution-based satellite network to deliver a plethora of services to enterprises and communities located in rural and ultra-rural areas across Malaysia. (more…)

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Posted by: Shriya Raban

Smart sensors keep the pressure off

Real-time sensor data is enabling smart factories to better understand their own processes, allowing more efficient operations. One of the most diverse and widely deployed type of sensor in the industrial internet of things (IIoT) is the pressure sensor. (more…)

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July 11, 2022

Posted by: Shriya Raban

Kaseya acquires MSP security provider Datto with promise to boost innovation and lower prices

London, UK – Kaseya, a provider of unified IT and security management software for managed service providers (MSPs) and mid-market enterprises (MME), has completed its acquisition of Datto for US$6.2 billion (€6.16 billion). This represents a share price of $35.50 (€35.27). (more…)

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Posted by: Shriya Raban

Nordic Semiconductor to acquire U.S. memory specialist Mobile Semiconductor

Oslo, Norway. 8 July 2022 – Nordic Semiconductor has announces that it has entered into an agreement to acquire Mobile Semiconductor, a privately-held U.S. company specialising in highly optimised embedded memory technology for microcontrollers (MCUs) and Systems-on-Chip (SoCs). (more…)

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Posted by: Shriya Raban

Elliptic Labs’ new product for laptop market: AI virtual position sensor, automating external display setup

Oslo, Norway. 8 July 2022 – Elliptic Labs, a global AI software company and the world specialist in AI Virtual Smart Sensors, has launched a new patented product: the AI Virtual Position Sensor, the latest addition to its AI Virtual Smart Sensor Platform. The AI Virtual Position Sensor automatically detects the location of an external display in relation to a laptop. This allows the laptop to seamlessly identify, locate, and configure such a display. This simplifies the management of multiple work environments and increases productivity. (more…)

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July 8, 2022

Posted by: Shriya Raban